CBIC asks staff to track prices before, after GST cut
The CBIC is monitoring price changes of essential goods after the GST rate cuts on September 22nd. Field officials are collecting data from retailers and e-commerce platforms to ensure that the tax benefits are passed on to consumers.
‘Govt’s market borrowings for H2 to remain unchanged from budgeted estimates’
Nomura projects stable government borrowing for the second half of fiscal year 2026. The borrowing calendar is expected soon after discussions with the Reserve Bank of India. Chief Economic Advisor, V Anantha Nageswaran, confirmed no changes. Nomura anticipates a shift towards shorter-term bonds. Direct tax collections rose by 9.2% in H1FY26.
Tariff war clouds global growth as US faces legal and economic crossroads
Global trade uncertainty persists as US tariffs face a Supreme Court ruling that could upend existing deals. Jahangir Aziz warns hidden economic pressures, inflation, and slowing consumption may emerge once tech strength fades.
Adani Power shares crash 80% in just one day! Is that true?
Adani Power shares slipped to Rs 147 on Monday after trading ex-split following a 1:5 stock sub-division. The decline is purely optical, as the overall value of holdings remains unchanged. The company had reported a consolidated June-quarter profit of Rs 8,759 crore, and Morgan Stanley initiated coverage with an overweight rating, projecting a 41.9 GW […]
Gold, silver hit fresh highs on Fed easing, Navratri boost; yellow metal up Rs 1,300/10 gm, silver jumps Rs 2,800/kg
Gold prices surged 1.2% to Rs 1,11,190 per 10 gm, hitting record highs amid Navratri demand, Fed rate cuts, and Trump’s visa policy row. Silver outperformed with a 52% rally in 2025.
Can IT stocks rise after Trump’s H-1B hike?
IT stocks are back in the spotlight after a turbulent week marked by Trump’s H-1B fee announcement. Despite near-term volatility, average analyst target prices in Trendlyne show decent upsides for leading names such as TCS, Infosys, and HCL Tech, while staying cautious on LTIMindtree.
TCS or Infosys? Which IT company has the highest share of H-1B visa employees
Trump’s $100,000 H-1B fee will make sending Indian IT engineers to the US costly, hitting firms like Infosys, TCS, and Hexaware, which rely heavily on H-1B employees for US revenue.
Adani Green Energy shares surge 13% in 2 sessions. Jefferies forecasts 27% upside, here’s why
Adani Green Energy’s shares surged following SEBI’s clearance regarding Hindenburg Research’s allegations, boosting investor confidence. Jefferies raised the target price to Rs 1,300, citing significant upside potential and projecting substantial capacity additions. Supported by promoter infusion and long-term power purchase agreements, the company anticipates improved financial metrics and strong EBITDA growth, despite potential risks like […]
Garden Reach Shipbuilders shares surge 6% after signing 5 new MoUs
GRSE share price: Garden Reach Shipbuilders & Engineers (GRSE) signed five MoUs with key players in shipbuilding, ports, and infrastructure, targeting green vessels, ship repair, port development, multimodal logistics, and ropeway connectivity. These collaborations aim to boost India’s shipbuilding capacity under the Maritime Amrit Kaal vision.
TIMF Holdings, 360 ONE Funds invest Rs 140 cr in Rubicon Research ahead of IPO
Rubicon Research secured Rs 140 crore from TIMF Holdings and 360 ONE funds before its IPO. General Atlantic Singapore RR Pte transferred shares in this deal. General Atlantic remains the majority shareholder. The company plans to launch its IPO by the end of this year. Proceeds will be used for debt repayment and acquisitions.