Business
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US to end work permit for spouses of H-1B visa holders? No need to panic yet — All about the buzz over H-4 EAD program
The Trump administration is considering ending employment authorisation for some spouses of H-1B visa holders. But there's no need to panic yet. Here's all you need to know what the buzz is about.
Quote of the Day: 'You will never find time for anything…' — a lesson from Charles Buxton
Charles Buxton's timeless observation offers a simple lesson about productivity: meaningful goals rarely get accomplished by waiting for free time. They require deliberate choices and space in our schedules.
Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weigh
Chinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform China’s housing presale system triggered a sharp selloff in property shares. Gold stocks also weakened after hawkish Fed signals, while strong first-half earnings from major banks offered some support.
Global Market: European central bankers leave Jackson Hole uneasy over US policy shifts
European central bankers left the Jackson Hole symposium concerned that recent US Treasury interventions could strain long-standing norms of global financial cooperation. Unannounced yen intervention, Treasury bond buybacks and uncertainty over Fed dollar swap lines have raised concerns about Washington’s growing role in global financial markets.
Northern Arc Capital jumps 10% after Rs 335-crore block deal. Should you buy?
Northern Arc Capital shares surged after 1.21 crore shares changed hands in a large block deal during the morning session. The stock hit an intraday high of ₹315 and remained above its opening price and VWAP around noon, indicating that the early gains held through the session.
Why India’s new closing auction is agonising traders: Q&A
India’s new 20-minute closing auction system is facing renewed scrutiny after the Sensex briefly plunged nearly 3% during Thursday’s session, highlighting concerns over thin liquidity and price volatility. Introduced on August 3 to improve price discovery and align India with global markets, the system has also come under SEBI’s lens following an alleged market-manipulation case.
Explained: Why Jefferies prefers Kaynes Tech shares over Dixon Tech; urges caution on Syrma SGS
Jefferies prefers Kaynes Technology over Dixon Technologies as India pushes to deepen domestic electronics component manufacturing. The brokerage has a Buy rating on Kaynes Tech, while maintaining Hold calls on Dixon and Syrma SGS Technology. It expects stronger competition for mobile assembly players and advises caution on Syrma after its sharp rally.
Kaynes Tech, Wockhardt, Persistent Systems shares fall up to 5% as broader markets tumble. What lies ahead?
The stock market saw marked declines on Monday, particularly among smallcap and midcap shares. Persistent Systems and National Aluminium Company experienced prominent losses, contributing to the negative performance of the Nifty Midcap 100 and Smallcap 100 indices. Influenced by the Federal Reserve's remarks and increasing oil prices, investors are pivoting to prioritize growth opportunities over traditional value stocks.
NIIF raises $2 billion towards Infra Fund 2's first close, largest till date
NIIF has raised ₹19,000 crore for the first close of Fund II and is targeting $3.2 billion. The fund will expand beyond core infra into EVs and urban infrastructure, with $950 million for co-investments.
US Stock Market: Barclays turns hawkish on Fed, sees two rate hikes in 2026
Barclays has turned more hawkish on the US Federal Reserve, now expecting two 25-basis-point rate hikes in 2026. The brokerage sees increases in September and December, reversing its earlier call for unchanged rates. The shift follows hawkish remarks from Fed Chair Kevin Warsh and renewed concerns over persistent inflation.
Sonam Wangchuk reveals untold NEET protest story: CJP ‘test’ before hunger strike, ‘take a break or exit’ moment
NEET protest: Activist Sonam Wangchuk revealed how he put the Cockroach Janata Party (CJP) leadership through a “test” before sitting on a hunger strike and later recalled a “take a break or exit” moment amid pressure to end the fast.
Planning a trip to Uzbekistan? Indians can now stay visa-free for 30 days
Uzbekistan has announced visa-free entry for Indian citizens for stays of up to 30 days. The move was announced by President Shavkat Mirziyoyev during his talks with Prime Minister Narendra Modi in Tashkent.
Priority Jewels IPO Day 2: Issue book over 15 times so far, GMP signals 23% listing gain. Should you subscribe?
Priority Jewels IPO has attracted strong demand on Day 2, with the issue subscribed 15.61 times. The IPO is also commanding a 23% grey market premium, signalling potential listing gains. With the issue fully priced at 20.5x FY26 P/E, Anand Rathi has recommended subscribing to the IPO for long-term gains.
Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Here’s why
Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.
Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 100-500 crore from MEIL
Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the company’s order pipeline.
Global Market: Chinese property stocks slide as new rules raise consolidation fears
Chinese property stocks came under pressure after Beijing introduced new rules aimed at reducing developers’ reliance on homebuyer funds and curbing risks from unfinished projects. While the measures could improve buyer protection, investors fear they may put greater pressure on highly leveraged developers and accelerate industry consolidation.
India bonds slump on Fed rate hike bets, benchmark trades at discount
Indian government bonds faced a downturn on Monday as yields spiked significantly. Hawkish statements from the head of the U.S. Federal Reserve ignited concerns about imminent rate hikes. Additionally, oil prices surged over ninety dollars a barrel, compounding market pressures. This confluence of events casts a shadow over India's inflation expectations and fiscal health, prompting traders to anticipate local swap rate increases in light of potential Fed actions.
Zee Entertainment shares crash 14% amid Subhash Chandra’s 99.97% loan haircut row
Zee Entertainment shares crashed on Monday after the NCLT approved a repayment plan involving founder Subhash Chandra. The plan entails a recovery of around Rs 6.5 crore against admitted creditor claims of Rs 22,006.57 crore, implying a 99.97% haircut.
