BUSINESS
Maintains Positive Outlook on India’s Growth and Equities, Neutral on Fixed-Income: Report
In its assessment, asset manager PL Wealth was optimistic in the long term for Indian equities but suggested caution in the near term, due to risk aversion from tariff uncertainties and possible foreign portfolio investor outflows.
Jeff Bezos’ Father Mike Bezos Looking for CEO to Oversee Family’s Multi-Billion-Dollar Fortune
The move follows as the size and complexity of the family fortune continue to increase. In order to handle the expansion more efficiently, Mike Bezos is presently looking for professional guidance at the top of Aurora Borealis.
HSBC Raises India to ‘Overweight’, Predicts Sensex Could Climb to 94,000
HSBC now expects the Sensex to reach 94,000 as of the end of 2026, reflecting a 15% gain from the current level, while keeping its 2025-end target price at 85,130.
Commerce Minister Piyush Goyal Says India Aims to Boost Energy Trade with US
"Clearly, the world recognizes that (energy security) is one area where we all have to work together. India is a big player in the energy field... we are big importers of energy from across the world, including from the US," Goyal said here on Tuesday.
Indian IT Companies Respond to H-1B Visa Fee Increase Through Local Hiring, Offshoring, and Nearshoring: Report
On September 19, US President Donald Trump signed an executive order mandating a $100,000 fee for filing new H-1B visa petitions—a drastic jump from the existing fee of about $1,500.
India to grow steadily at 6.5% in FY 26 due to domestic demand, GST reforms: S&P Global
The report noted that domestic demand was likely to remain firm as it is sustained by a generally supportive monsoon season, tax reduction, and ramped up government spending.
Indian Stock Market Starts Slightly Higher, Sensex Surpasses 82,000
The Sensex had risen 122.13 points, or 0.15%, to 82,282.10 by 9:22 am, and the Nifty rose 35.85 points, or 0.14%, to 25,238.20.
H-1B Visa Increase Will Have Minimal Effect on Indian IT Companies: Report
However, the medium-term impact can be more serious. A higher delivery cost in the US can lead to a structurally higher cost base, although firms might decide to rethink their operational designs and look at mitigation strategies, said the Franklin Templeton report.
JPMorgan Labels India a ‘Bright Spot’ Despite Tariffs and $100,000 H-1B Fee
“Sure, it has its share of issues — the tariffs, now the H1B visa issues. But overall it has a strong hand to play,” Leenart said in an interview with Bloomberg Television in Mumbai, where the bank is hosting its annual India conference. The Wall Street bank believes India can navigate the tariff challenges, “and will land in a good place,” he added.
Piyush Goyal Visits Washington for India-US Trade Discussions
The visit comes after a day-long round of discussions in New Delhi between US Chief Negotiator Brendan Lynch and India's Rajesh Agrawal on the proposed bilateral trade agreement.
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