Author: Legal Parivar

Television manufacturers in India have announced price reductions ranging from ₹2,500 to ₹85,000 to pass on the benefits of the recent GST cut to consumers, aiming for strong sales during the upcoming festive season starting Monday, September 22. The GST Council earlier this month reduced tax rates on several goods and services, lowering the duty on TVs with screens larger than 32 inches from 28% to 18%. TV makers are adjusting MRPs accordingly to extend the 10% tax reduction benefit to buyers. The TV industry, which saw almost flat sales in the first half of this fiscal year (April–September), expects…

India’s largest power producer, NTPC Ltd, is preparing to expand into nuclear energy and is exploring the acquisition of overseas uranium assets to secure fuel for its upcoming projects, a company official said. Established in 1975 as a thermal power generator, NTPC has steadily expanded its portfolio and diversified into cleaner energy sources. With a current installed capacity of 83,026 MW across coal, gas, hydro, and solar projects, the company is now charting its entry into nuclear power. To support this transition, NTPC’s board has approved a draft MoU with Uranium Corporation of India Ltd (UCIL) for joint techno-commercial due…

US President Donald Trump’s decision to impose a $100,000 fee on new H-1B visa applications could severely impact Indian professionals, who make up nearly 72% of the total H-1B workforce, according to a report by The Hindu published on September 20. Data shows that 60% of Indian H-1B holders earned $100,000 or less in FY24. Of these, about 12% earned below $75,000, while 47% were in the $75,000–$100,000 range. Only 40% of Indian workers made more than $100,000 annually. In comparison, 60% of non-Indian H-1B workers had salaries above $100,000. The median annual pay for Indian H-1B employees stood at…

The combined market capitalisation of seven of India’s top-10 most valued companies surged by ₹1,18,328.29 crore last week, driven by a positive trend in equities. State Bank of India (SBI) and Bharti Airtel emerged as the top gainers, while ICICI Bank, Bajaj Finance, and Hindustan Unilever witnessed declines. During the week, the BSE benchmark index advanced by 721.53 points, or 0.88%. Among the gainers, SBI’s valuation jumped ₹35,953.25 crore to ₹7,95,910 crore, while Bharti Airtel’s market cap rose ₹33,214.77 crore to ₹11,18,952.64 crore. Reliance Industries added ₹17,389.23 crore, taking its mcap to ₹19,04,898.51 crore. TCS climbed by ₹12,952.75 crore to…

Starting Monday, September 22 — coinciding with the first day of Navaratri — prices of nearly 375 goods and services will come down as the new Goods and Services Tax (GST) rates take effect. The GST Council, comprising the Centre and states, has slashed tax rates across categories, giving consumers a direct relief. Mass consumption items like ghee, paneer, butter, namkeen, ketchup, jams, dry fruits, coffee, ice creams, soaps, shampoos, toothpaste, and hair oils will now attract just 5% GST, down from 12–18%. Aspirational and lifestyle products including TVs, ACs, washing machines, and automobiles are also set to become cheaper.…

US President Donald Trump, in a sweeping move on immigration, signed a proclamation on Friday that raises the annual H-1B visa fee to $100,000, effective September 21. The announcement has sent shockwaves through tech companies, which are urging employees on H-1B and H-4 visas to return to the US ahead of the deadline. Who bears the cost? The H-1B visa program allocates 65,000 visas annually for employers hiring temporary foreign workers in specialized fields, with an additional 20,000 visas for advanced degree holders. Under normal circumstances, almost all visa fees are the responsibility of employers. H-1B visas are issued for…

Adani Group stocks saw strong buying on Friday following a clean chit from the Securities and Exchange Board of India (SEBI) regarding the Hindenburg Research allegations. All Adani shares closed higher, resulting in a ₹69,000 crore increase in the market capitalization of the group. Adani Power led the rally, surging 13.42% to ₹416.10 per share on the NSE. Adani Total Gas gained 7.55% to ₹652.80, while Adani Enterprise and Adani Green Energy rose over 5%. Shares of Adani Energy Solutions Ltd also added close to 5%. These gains collectively increased Gautam Adani’s net worth by ₹299 crore in a single…

Several companies are set to trade ex-dividend in the week starting Monday, 22 September 2025. Stocks among them are Bajaj Holdings & Investment, BEML, Paisalo Digital, Divyashakti, Gujarat Fluorochemicals, Monte Carlo Fashions, Parag Milk Foods, Gujarat Intrux, Maharashtra Scooters, and Hazoor Multi Projects. The ex-dividend date marks when a stock starts trading without the value of its upcoming dividend. Shareholders recorded on the company’s list by the end of the record date will be eligible for the dividend payout. Key Dividend Dates: Bonus Issues: A bonus issue allows shareholders to receive additional shares without increasing the dividend payout. For instance,…

The Ministry of Railways announced on Saturday that the price of bottled drinking water sold on trains, Rail Neer, will be reduced following the recent GST rate cuts. According to a circular from the Railway Board, the price of a 1-litre bottle of Rail Neer will decrease from ₹15 to ₹14, while a 500 ml bottle will now be sold for ₹9, down from ₹10. The new rates will come into effect from September 22, 2025. The ministry stated on X (formerly Twitter) that the price revision is intended to directly pass on the benefits of the GST reduction to…

Amul has reduced prices on more than 700 product packs, including butter, ghee, cheese, ice cream, and frozen snacks, effective September 22, 2025. The price revision follows the recent GST rate cut, with GCMMF, the cooperative that markets Amul products, passing on the benefits entirely to consumers. Some key price changes include: GCMMF noted that the price cuts aim to boost consumption of dairy products, especially ice cream, butter, and cheese, as per capita consumption remains low in India. The move is also expected to increase demand and drive turnover for the cooperative, which is owned by 36 lakh farmers.…