Kospi plunges 7.5% as tech stocks tumble, triggers 'sidecar' stop for investors
https://timesofindia.indiatimes.com/business/international-business/kospi-hits-the-brakes-south-korean-benchmark-plunges-7-5-triggers-sidecar-stop-for-investors/articleshow/134958368.cms
https://timesofindia.indiatimes.com/business/international-business/kospi-hits-the-brakes-south-korean-benchmark-plunges-7-5-triggers-sidecar-stop-for-investors/articleshow/134958368.cms
South Korea's stock market experienced a sharp decline on Thursday, with the Kospi plummeting nearly 7.5%. The downturn was driven by heavy selling pressure on major technology stocks, particularly Samsung Electronics and SK Hynix. Trading halts were triggered as foreign investors sold significant shares, leading to heightened market volatility. The sell-off reflected concerns over potential interest rate hikes by the Federal Reserve.
Thousands of tech professionals in US return in 9 months; steep salary cuts await in India
https://timesofindia.indiatimes.com/business/india-business/12700-us-based-tech-professionals-returned-to-india-in-9-months-2026-may-beat-last-years-record-as-h-1b-visa-uncertainty-grows-but-returnees-face-steep-salary-cuts-at-home/articleshow/134959590.cms
https://timesofindia.indiatimes.com/business/india-business/12700-us-based-tech-professionals-returned-to-india-in-9-months-2026-may-beat-last-years-record-as-h-1b-visa-uncertainty-grows-but-returnees-face-steep-salary-cuts-at-home/articleshow/134959590.cms
Indian techies return: Between January and September 2026, around 12,700 white-collar technology workers returned to India, according to data from staffing firm Xpheno. The tally is already approaching the record 15,100 returnees recorded in the whole of 2025, and is expected to surpass that figure by the end of this year.
'Big items are done': Sergio Gor gives update on India-US trade deal
https://timesofindia.indiatimes.com/business/india-business/big-items-are-done-sergio-gor-gives-update-on-india-us-trade-deal-trumps-100-sanctions-threat/articleshow/134960864.cms
https://timesofindia.indiatimes.com/business/india-business/big-items-are-done-sergio-gor-gives-update-on-india-us-trade-deal-trumps-100-sanctions-threat/articleshow/134960864.cms
In a recent statement, US Ambassador Sergio Gor revealed that substantial progress has been made in the negotiations for a trade deal between India and the US. He pointed out that many crucial items on their agenda have been successfully addressed. Gor also underscored the vast potential for American businesses to thrive in India's diverse market, assuring that current dialogues about Russian sanctions are not aimed at India.
Direct tax mop-up rises 13.21% to Rs 13.38 lakh crore till October 14
https://timesofindia.indiatimes.com/business/india-business/direct-tax-mop-up-rises-13-21-to-rs-13-38-lakh-crore-till-october-14/articleshow/134962567.cms
https://timesofindia.indiatimes.com/business/india-business/direct-tax-mop-up-rises-13-21-to-rs-13-38-lakh-crore-till-october-14/articleshow/134962567.cms
India's net direct tax collections reached Rs 13,37,866.98 crore for FY2026-27 as of October 14. Gross collections increased to Rs 16,03,066.12 crore, while refunds rose by 24.22 percent year-on-year. Net corporate tax receipts stood at Rs 5,99,062.48 crore, showing considerable growth from the previous year. Non-corporate tax collections also increased alongside significant rises in refunds in that category. Overall, direct tax receipts reflected a strong growth trend amid increasing refunds.
PM Modi inaugurates Rs 3,350 crore projects in Ladakh, including new Leh airport terminal
https://timesofindia.indiatimes.com/business/india-business/pm-modi-inaugurates-rs-3350-crore-projects-in-ladakh-including-new-leh-airport-terminal/articleshow/134962747.cms
https://timesofindia.indiatimes.com/business/india-business/pm-modi-inaugurates-rs-3350-crore-projects-in-ladakh-including-new-leh-airport-terminal/articleshow/134962747.cms
Prime Minister Narendra Modi recently launched five pivotal projects in Ladakh aimed at advancing airport facilities and improving road connectivity. These projects feature a new terminal at Kushok Bakula Rimpochee Airport and the creation of the Nimmu-Padum-Darcha Road. The Hanu Hydroelectric Project will foster renewable energy, supplemented by a Conservation Park to preserve historic artifacts.
‘Consistent with good practices’: IMF defends India's revised GDP calculation
https://timesofindia.indiatimes.com/business/india-business/consistent-with-good-practices-imf-defends-indias-revised-gdp-calculation/articleshow/134962902.cms
https://timesofindia.indiatimes.com/business/india-business/consistent-with-good-practices-imf-defends-indias-revised-gdp-calculation/articleshow/134962902.cms
The International Monetary Fund has recognized India's updated approach to measuring gross domestic product, commending the Ministry of Statistics and Programme Implementation for enhancing GDP metrics. Amid strong economic performance and rising domestic demand, the IMF has also revised its growth predictions for India. Currency fluctuations were acknowledged; however, Srinivasan clarified they do not indicate any economic frailty.
India-US trade deal: First phase finalised, legal drafting under way, says Piyush Goyal
https://timesofindia.indiatimes.com/business/india-business/india-us-trade-deal-first-phase-finalised-legal-drafting-under-way-says-piyush-goyal/articleshow/134963311.cms
https://timesofindia.indiatimes.com/business/india-business/india-us-trade-deal-first-phase-finalised-legal-drafting-under-way-says-piyush-goyal/articleshow/134963311.cms