Business

Uttar Pradesh CM Yogi Adityanath praised GST 2.0 reforms in Gorakhpur, calling them a catalyst for growth. He said reduced rates will benefit farmers, students, and consumers, boosting markets and festive celebrations.

India’s next-generation GST, “GST Bachat Utsav,” was implemented, cutting taxes on over 370 items, including essentials, medicines, appliances, and toiletries. Luxury and sin goods face higher levies. The reform aims to boost consumer disposable income and inject Rs 2 lakh crore into the economy.

The rupee slipped to 88.21 against the US dollar amid US H-1B visa fee hikes impacting IT stocks. Domestic equities opened lower, while forex reserves rose, Brent crude climbed, and PM Modi highlighted GST reforms to boost India's growth.

Sensex and Nifty opened lower on Monday, dragged by IT stocks after US President Trump raised H-1B visa fees to USD 100,000 for new applicants. Domestic consumption sectors gained, while Asian markets showed mixed performance amid global cues.

Andhra Pradesh Deputy CM Pawan Kalyan welcomed the rollout of GST 2.0, calling it an auspicious day for the Indian economy. Leaders highlighted the reforms’ benefits for farmers, MSMEs, local manufacturing, consumers, and the aviation sector, boosting India’s growth trajectory.

Companies must move from 'Culture Fit' to 'Culture Add' ie, recruit for growth and not for harmony

The arbitrary and unreasonable hike in the visa fee to $1,00,000 would significantly impact the technology sector, which depends heavily on skilled workers from India and China

Alibag has become the first town in Maharashtra to receive licensed bike rental services after the state revived its Rent A Motorcycle Scheme. Two operators have been granted permits, enabling tourists to legally rent scooters and motorcycles for local travel

India's NTPC plans to acquire overseas uranium assets to fuel its upcoming nuclear power projects. Through joint ventures and individual efforts, NTPC is expanding into nuclear energy to support India's clean energy goals and reduce dependence on fossil fuels

Gold prices ended slightly higher this week with positive bias amid safe haven demand. Analysts expect prices to trade between Rs 1,07,500 and Rs 1,11,000, with focus on upcoming US economic data

Amul announces a price reduction on over 700 products, including milk, butter, ghee, and cheese, starting September 22, in line with GST rate rationalisation to pass on benefits to consumers

Meta, Amazon, and other tech giants have advised H-1B and H-4 visa holders to remain in the US or return immediately as the USD 100,000 visa fee takes effect September 21, raising concerns over skilled foreign workers stranded abroad.

Tata Consultancy Services ranks second in H-1B visa approvals in 2025, after Amazon, with 5,505 visas, according to USCIS. The new $100,000 visa fee aims to curb H-1B programme abuse, potentially affecting Indian IT companies and foreign STEM workers in the US

The US plans to raise H-1B visa fees to USD 100,000, potentially disrupting Indian IT companies’ onshore projects. Nasscom flags concerns over the one-day implementation deadline and calls for adequate transition periods to minimize global business and talent disruptions

EPFO now allows members to download Annexure K online, making PF transfers smoother and faster. The move ensures transparency, accurate account details, and seamless service. Passbook Lite provides a simplified view of contributions and withdrawals through the EPFO portal

Royal Enfield has partnered with Flipkart to sell its entire 350cc motorcycle range online, starting September 22, 2025, in Bengaluru, Gurugram, Kolkata, Lucknow, and Mumbai. Customers will receive delivery and after-sales support through authorised dealers, with GST benefits included

Aurobindo Pharma said a fire at its subsidiary APL Healthcare’s Unit-IV in Naidupeta, Andhra Pradesh, temporarily disrupted production. Two lines were impacted, causing a 3 per cent hit to monthly capacity. The blaze was swiftly controlled, with no casualties reported.

The Supreme Court will hear Vodafone Idea’s plea on September 26 seeking to quash the DoT’s fresh Rs 5,606 crore AGR demand for FY 2016-17. The operator argues that the dues were crystallised by the 2019 verdict, amid government-backed resolution efforts

India Global Forum and QETCI have signed a pact to develop a UK-India quantum value-chain map, catalysed by UKIFF. The partnership aims to promote joint R&D, talent mobility, and commercial adoption, with an initial overview scheduled for next year

A Delhi court set aside an order asking journalists to remove articles critical of Adani Enterprises, ruling it unsustainable without hearing them. The court said such sweeping directions threatened free speech and directed a fresh hearing on AEL’s defamation plea

Prime Minister Narendra Modi has hailed GST 2.0 as a bold reform that will enhance ease of living and business. Taking effect on September 22, the reforms slash tax rates on everyday foods, easing household expenses and boosting MSMEs and farmers

OYO’s parent firm PRISM has launched CheckIn, a new vertical unifying its premium hotels, homes, and experiences. Available in India and soon globally, CheckIn aims to serve the luxury travel segment with curated stays in destinations worldwide

Suzuki Motorcycle India announced price cuts of up to ₹18,024 across models from September 22, 2025, passing on GST rate reduction benefits to customers. The GST cut also lowers spare parts costs, enhancing affordability ahead of the festive season

Sensex and Nifty opened lower on Friday after three days of gains, with profit-booking in heavyweights like TCS and ICICI Bank. Adani Group stocks surged as SEBI cleared the conglomerate of stock manipulation charges made by Hindenburg Research.