Sensex Today| Stock Market Close Highlights today, Sep 30: In the broader market, Nifty MidCap 100 index closed lower by 0.01 per cent, while NIfty SmallCap was up 0.08 per cent.
US Commerce Secretary Howard Lutnick said there will be a significant number of changes in the H1B visa process before February 2026, when the new fee of USD 100,000 goes into effect, as he described as just wrong the idea of inexpensive tech consultants coming into the country and bringing their families. The Trump administration this month announced a one-time fee of USD 100,000 for new H1B work visas, an order that will impact Indian professionals looking to work in the US on the temporary visas. Standing behind US President Donald Trump in the Oval Office when the H1B proclamation was signed, Lutnick had then said that the USD 100,000 will be an annual fee for all H1B visas, including renewals and first-time applicants. Amid widespread panic and chaos, the Trump administration clarified that the new fee requirement for H1B visas will not apply to current visa holders and is a one-time payment applicable only to new petitions. This procedure and process goes into effect in Febru
Commerce Secretary Howard Lutnick has said that the US will have to fix countries like Brazil and India, asserting that these nations need to react correctly to America by opening their markets and refraining from actions that could harm American interests. The Trump administration has imposed 50 per cent tariffs on India, including a 25 per cent tariff on New Delhi's purchases of Russian oil, among the highest tariff rates imposed on any country in the world. "We have a bunch of countries to fix, like Switzerland, Brazil, India - these are countries that need to really react correctly to America. Open their markets, stop taking actions that harm America, and that's why we're off sides with them," Lutnick said in an interview with NewsNation. Lutnick said that these countries have to understand that if "you want to sell to the US consumers, you've got to play ball with the President of the United States." Apart from India and Brazil, Lutnick also mentioned countries like Taiwan and
Lutnick said that India must open its markets and take actions that would not 'harm' the US
US Commerce Secretary Howard Lutnick escalated criticism of India, urging New Delhi to lower tariffs and rethink Russian oil imports as trade tensions with Washington mount
Russia fully respects India's national interests and the independent foreign policy being pursued by Prime Minister Narendra Modi, Russian Foreign Minister Sergey Lavrov has said, asserting that India's ties with the US or any other country cannot be a benchmark for New Delhi-Moscow ties. Lavrov, who addressed the UN General Assembly shortly before External Affairs Minister S Jaishankar's speech at the high-level General Debate, said India and Russia share a "particularly privileged strategic partnership". These situations that might arise between India and the United States or India and any other country, I can't consider them a criteria for relations between India and Russia, he said at a press conference here on Saturday. Lavrov was responding to a question on India's continued imports of Russian oil despite US pressure on countries to reduce such purchases, and how Moscow views its ties with New Delhi in this context. "We have full respect for the national interests of India, f
New Delhi seeks removal of penal tariffs on Russian oil purchases as Washington pushes soybean and corn sales, with both sides aiming to seal a trade pact by fall
The US never dropped Pakistan from the list of Major Non-Nato allies. India never got on to it, nor would it ever be an applicant for it
For the past two years, Mr Trump and his team have pressed India and other nations to stop buying Russian oil and shift to US barrels
MEA said the H1B visa issue remains an evolving situation and India hopes the White House reconsiders its fee hike and restrictions, stressing skilled mobility helps both nations
Commerce Minister Piyush Goyal led a delegation to New York, where India and the US discussed contours of a trade deal and agreed to work towards an early conclusion despite oil-related hurdles
Donald Trump hosted Pakistan PM Shehbaz Sharif at the White House, marking a thaw in US-Pakistan ties as India-US relations remain tense over tariffs and Russian oil imports
Chief negotiator returns from New York after fresh parleys
Margaret MacLeod's remarks follow Trump's executive order imposing a $100,000 fee on fresh H-1B visa applications and reflect growing tensions over India's oil trade with Russia
Wright clarified the US position, stating, 'We wish India would work with us to buy (oil)'
The current tensions centre primarily on trade disputes, with the Trump administration imposing additional tariffs on India over various commercial issues
India assures US of a bigger role in its energy security, with plans to boost trade in energy and nuclear cooperation, while avoiding mention of Russian oil imports amid tariff tensions
India, US talks are happening at different levels covering both trade and non-trade issues, an official said. Commerce and Industry Minister Piyush Goyal is in the US for trade talks. He is accompanied by senior officials of the ministry, including special secretary and India's chief negotiator Rajesh Agrawal. "Talks are happening at different levels," the official said, adding the minister led team is expected to return from the US later this week. Goyal has held discussions with his US counterpart. This visit comes in the backdrop of recently concluded day-long discussions in New Delhi between US Chief Negotiator Brendan Lynch and Agrawal on the proposed bilateral trade agreement. On September 16, the commerce ministry stated that the day-long discussions with the visiting US team on a bilateral trade deal were positive, and both sides agreed to push for an early and mutually beneficial conclusion of the agreement. The visit of the high-ranking US trade officials came for the f
India's corn imports from the US were just $ three million in FY18, accounting for 0.3 per cent of total agricultural imports from that country
Rubio made the comments in an interview with Good Morning America, stating that Trump's additional tariffs on India were part of actions taken against Russia for its war on Ukraine