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India-EU FTA push: Piyush Goyal to visit Brussels to boost negotiations; focus on market access, duties, IP rights

Piyush Goyal to visit Brussels to boost negotiations Union commerce and industry minister Piyush Goyal will visit Brussels on October 27-28 to hold high-level talks with Maros Sefcovic, executive vice-president and European commissioner for trade of the European Union, as both sides intensify efforts to finalise the India-EU Free Trade Agreement (FTA).The visit comes at…

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US-China trade talks: Scott Bessent says ‘substantial framework’ reached; 100% tariffs, rare earth export clash averted

File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Sunday that Washington and Beijing have reached a “very substantial framework” that would prevent the US from imposing 100% tariffs on Chinese goods and allow for a deferral of China’s rare earths export controls, as per news agency…

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Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit. On ASEAN Sidelines, Trump Praises India’s ENEMY NO. 1, Doubles…

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Low GST but expensive cheques! Fitness and beauty services get costlier—Here’s why gyms and salons are raising prices

The GST on personal grooming, fitness, and wellness services came down from 18% to 5% on September 22, but rather than seeing lower prices, customers across the country are facing 10%-20% hikes at salons, gyms, yoga studios, and fitness centres.The price hike comes as businesses are now forced to bear the full cost of taxes…

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Market recap: Mcap of 7 most valued firms surges by Rs 1.55 lakh cr; Reliance, TCS lead gains

Dalal Street made notable gains last week, as the combined market capitalisation of seven of the country’s ten most valued companies surged by Rs 1,55,710.74 crore in a holiday-shortened trading week.The BSE Sensex advanced 259.69 points, or 0.30%, last week, with the benchmark hitting a 52-week high of 85,290.06 on Thursday.Reliance Industries and Tata Consultancy…

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H-1B visa hirings: Local hires, temporary halts & more—How companies are taking alternative routes to avoid $100k fee

Several major US employers have paused or limited the sponsorship for H-1B visas after the Trump administration imposed a $100,000 fee for new applications. The fee, aimed at new applicants, does not affect current visa holders or renewals.The administration said that the reform is intended to attract highly skilled foreign workers while preventing misuse of…

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US Fed rate cuts: America might still see another rate cut in 2025; govt shutdown clouds economic outlook

The US may see another rate cut this year, even as uncertainty looms over the economy due to the ongoing US government shutdown.The Federal Reserve’s second-to-last rate meeting of 2025 takes place amid a standoff between Republicans and Democrats over healthcare subsidies, which has halted the publication of nearly all official economic data. Without these…

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Hunting e-waste: India pushes for recycling of critical minerals; dismantlers, crushers, and shredders to join chain

India is gearing up to transform its electronic waste into a major source of critical minerals, as the ministry of mines intensifies collaboration with private players to build large-scale recycling capacity across the country. The ministry is working closely with private industry to expand the country’s recycling capacity, aiming to fully process electronic waste and…

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