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The RBI's monetary policy committee is widely expected to keep policy rates unchanged this week, balancing resilient growth and benign inflation against external uncertainties. While a pause is the base case, a dovish tone is anticipated. Some economists, including SBI, advocate for a 25-basis-point cut, citing the benign inflation trajectory. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MqAVWZu >

After six sessions of continuous selling, traders anticipate a potential market bounce-back on Monday, despite an underlying weak trend. US-India trade uncertainties, including H-1B visa fee hikes and pharma tariffs, continue to weigh on sentiment. Foreign fund activity and the upcoming RBI policy decision will be crucial in determining market direction. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/d8moPVQ >

The Department of Financial Services, with the Supreme Court's MCPC, recently conducted a 40-hour mediation training for DRT officers and public sector bank executives. Held in September, the programme highlighted alternative dispute resolution's growing importance in the financial sector. Participants learned mediation fundamentals, negotiation, and dispute resolution techniques under RDB and SARFAESI Acts, receiving widespread appreciation for the initiative. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KI2PZxt >

Donald Trump's new Gold Card program, offering fast-track US residency for a $1 million "gift," is sparking significant interest among Indians, especially after H-1B visa fees soared to $100,000. Immigration firms report a sharp rise in queries from tech professionals, though some lawyers note muted interest due to the substantial investment. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/o12M0BD >

The UK government announced a £1.5 billion loan guarantee for Jaguar Land Rover after a major cyberattack forced the carmaker to suspend production at its UK factories. This support aims to stabilize JLR's finances, protect skilled jobs, and secure its supply chain, which faced collapse due to delayed payments. Production remains suspended until at least October 1. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/i2Rdoep >

The UN has reimposed wide-ranging sanctions on Iran over its nuclear program, triggered by European powers due to Iran's uranium enrichment and non-compliance. This has led to severe economic hardship, including currency collapse and soaring food prices, while fears of renewed conflict with Israel and the US loom. Diplomacy remains uncertain amid intensifying internal repression. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/joJD8Zn >

Russian Foreign Minister Sergey Lavrov affirmed the stability of India-Russia relations despite US tariffs and political pressure. He noted India's clear stance on independent foreign partnerships, choosing its own allies. Lavrov stressed that Moscow and New Delhi continue cooperation across sectors, even as Washington scrutinizes India's oil purchases from Russia. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wExb5qa >

Tata Motors is reconstituting its board as its passenger and commercial vehicle businesses demerge into two distinct listed entities, TMPV and TMCV, effective October 1. N Chandrasekaran will chair both, with Shailesh Chandra leading TMPV and Girish Wagh heading TMCV. The restructuring includes significant board changes, new appointments, and a financial transfer to TMCV. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/b7CdxTa >

Union Minister Hardeep Singh Puri voiced disappointment regarding the low valuation of state-owned oil marketing companies, despite their significant profits. He suggested considering partial ownership sales to boost efficiency, though no immediate plans exist, clarifying BPCL is not on the block. Puri highlighted OMCs' autonomy and strong dividend returns, dismissing ethanol blending concerns. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8y57inD >

Firoz Mistry, son of the late Cyrus Mistry, has joined Afcons Infrastructure's board as a director, following his cousin Pallon Mistry. This move strengthens his role within the Shapoorji Pallonji Group, where he's involved in strategy and governance. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/otIOEaN >

The Sensex declined for the fifth consecutive session due to persistent foreign fund outflows and concerns over US-India trade talks, closing at 81,160. The Nifty also fell below 25,000. Investors faced a significant loss of Rs 3.2 lakh crore, with BSE's market capitalization decreasing by Rs 8.4 lakh crore since the Sensex's recent peak. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tm30uQg >

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The US State Department defended H-1B visa adjustments, emphasizing investment in American IT professionals and prioritizing their training. Margaret MacLeod highlighted the policy's aim to bolster the American IT sector. Furthermore, she addressed the Russia-Ukraine war, noting the Trump administration's desire to minimize trade with Moscow to curtail Russia's ability to fund its military. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/shrVjZk >

JSW Motors, owned by Sajjan Jindal, is investing ₹26,000 crore to enter the Indian passenger vehicle market with a focus on EVs and plug-in hybrids. The company is in discussions with BYD and other Chinese automakers for technology and platform access, aiming for significant localization. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wPbx5fM >

India signals potential increase in US oil imports amid pressure to diversify from Russian crude, aiming to strengthen energy security and reduce the trade deficit. Discussions between Indian and US officials are ongoing to finalize a trade deal, addressing concerns like secondary sanctions and reciprocal tariffs. The US expresses strong interest in expanding energy cooperation with India across various sectors. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MNl7G1E >

The UAE-India Business Council (UIBC) has forged strategic agreements to bolster industry collaboration and expand trade between India and the UAE. These pacts aim to enhance institutional cooperation under the CEPA, boost services exports, and leverage regional strengths. These initiatives are expected to unlock new opportunities and strengthen the economic future of both nations. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/LRT4iWI >

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The Indian rupee experienced a significant drop against the dollar, despite the dollar's global weakness, due to concerns over increased US tariffs and H-1B visa fees. This decline has negatively impacted India's IT sector, although the RBI intervened to manage volatility. Experts anticipate a potential rupee recovery in October, expecting the dollar and rupee to move in opposite directions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JlhSbG8 >

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Essar Group's UGEL is investing Rs 900 crore to expand its LNG retail network to 100 outlets across India, targeting freight carriers. Six refuelling stations are already operational along major freight corridors, equipped for future EV charging. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qmb1Vkz >

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State Bank of India is expanding its reach in Tamil Nadu, inaugurating 14 new branches, two Home Loan centers, and Rural Self Employment Training Institutes. SBI is also launching Gram Panchayat camps to promote financial inclusion in rural areas. The bank donated ₹1.47 crore for upgrading government primary schools, reinforcing its commitment to education and community development. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/gcEdqBP >

The White House clarified that the newly announced $100,000 H-1B visa fee applies only to new applications, not renewals or existing visa holders. This clarification addresses widespread confusion following a presidential proclamation that initially sparked fears of urgent deadlines and potential disruption to the tech talent pipeline. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/SiVURF6 >

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Indian companies are rapidly hiring temporary staff across sectors like e-commerce, retail, and auto, spurred by recent GST rate cuts and anticipated festive sales. Firms are extending hiring mandates, particularly for frontline and fulfillment roles, to manage expected surges in demand. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/zXRNVwg >

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The US administration, under President Trump, is planning a significant overhaul of the H-1B visa program. A hefty $100,000 application fee is expected to be imposed, aiming to curb misuse and protect American jobs. The Labour Secretary will revise wage rules to prevent wage suppression. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/5qdXuhp >

A new Aadhaar-based framework has been introduced for cooperative banks, enabling authentication and eKYC services. This initiative, spearheaded by the Cooperation Ministry and UIDAI, allows state cooperative banks to register directly with UIDAI, while district central cooperative banks can utilize their state counterparts' infrastructure. The move aims to enhance financial inclusion in rural areas by cutting costs and improving efficiency. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/34xKLOj >

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The US Federal Reserve, led by Jerome Powell, has announced a 25 basis points rate cut, setting the federal funds rate to a range of 4 to 4-1/4 percent. This decision comes amidst concerns about moderating economic growth, slowing job gains, and persistent inflation slightly above the 2% target. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YKHL8Uc >

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ITR filing FY 2024-25 due date: The Income Tax Department does not seem to have extended the ITR filing deadline for Assessment Year 2025-26, meaning returns filed after September 16 will be considered belated. While the initial deadline was extended to September 16 due to portal issues, no further extensions have been granted despite ongoing user complaints. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ofMwPT >

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India's commerce department is set to boost self-sufficiency by identifying around 100 products for domestic manufacturing, aiming to reduce reliance on imports. Commerce Secretary Sunil Barthwal highlighted the initiative, focusing on sectors like engineering, chemicals, and pharmaceuticals. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mhAXYn9 >

ITR filing FY 2024-25: In a welcome move for taxpayers, the Income Tax Department has further extended the deadline for filing Income Tax Returns (ITR) for the Assessment Year 2025-26. Originally due on July 31, 2025, and previously extended to September 15, 2025, the new deadline is now September 16, 2025. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/VNTHGCP >

The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These guidelines classify aggregators into three categories and impose stringent capital requirements for non-bank entities, including a minimum net worth of Rs 25 crore by the third financial year. The framework also covers escrow accounts, fund management, and cross-border limits. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ThOrXPd >

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NTPC is gearing up to establish nuclear power projects. These projects will be through collaborations and independently. NTPC is partnering with nuclear technology providers and state governments. This initiative aims to boost NTPC's non-fossil fuel portfolio. Anushakti Vidhyut Nigam Limited, a joint venture with Nuclear Power Corporation of India Limited, is already operational. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IJguPo4 >

China's foreign minister Wang Yi has responded to US calls for Nato to impose hefty tariffs on Beijing over its alleged support for Russia in the Ukraine war, reiterating China's commitment to peace talks and multilateralism. Trump proposed tariffs of 50-100% on China, claiming it would pressure Russia to end the conflict. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NnAxJor >

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John Bolton has criticized Donald Trump's tariff policy on India as inappropriate, warning it could strain relations. He also refuted Trump's claim of brokering peace between India and Pakistan. Bolton highlighted the erratic nature of imposing tariffs on India for Russian purchases while overlooking larger buyers like China, advising India to prioritize long-term ties with the US and view Trump's actions as temporary. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1xNW9Dh >