Loading...

Business News

No jargons, no mumbo-jumbo. Read the unadulterated Business news here.

28 Sep 2026
• TL;DR

China's CSI 300 drops 2.4% to 1-year low Monday

Chinese stocks reached a one-year low as technology shares plummeted following reports on Nvidia chip purchases and proposed US sanctions on Chinese optical firms.

28 Sep 2026
• TL;DR

KOSPI falls 2.13%, ends 4-session streak as yields rise

South Korean shares fell over 2% as higher bond yields pressured technology valuations, with Samsung Electronics and SK Hynix leading the decline after a holiday break.

28 Sep 2026
• TL;DR

Japan's 10-year bond yield hits highest since 1996 at 3.095%

Japanese government bond yields surged as inflation pressures and expectations of Bank of Japan rate hikes intensified, with the 10-year yield nearing its highest level since 1996.

28 Sep 2026
• TL;DR

Sensex slides 900.50 to 72,995.24 amid 7th straight weekly decline

The Sensex dropped nearly 900 points and the Nifty slipped below the 23,000 mark due to rising crude oil prices, weak financial stocks, and continued foreign investor selling.

28 Sep 2026
• TL;DR

Adroit Industries IPO allotment released after 176.85-times oversubscription ₹150.71cr issue

Adroit Industries' IPO allotment is anticipated today, with a strong 176.85x subscription and a grey market premium indicating a potential 28% listing gain.

28 Sep 2026
• TL;DR

Porter, MLMML, Rapido and Zypp Electric plan IPOs soon

India's logistics and urban mobility sector is experiencing increased investor interest, with companies like Porter, Mahindra Last Mile, and Rapido exploring plans to go public.

28 Sep 2026
• TL;DR

Indian rupee likely to open near 96 per US dollar

The Indian rupee is expected to open weaker due to stalled US-Iran talks, with the Reserve Bank of India's intervention providing a reliable buffer against further decline.

28 Sep 2026
• TL;DR

Shah Investor's Home opens ₹90.17cr IPO subscription Monday to Wednesday

Shah Investor's Home IPO opens for subscription on September 28, 2026, with a price band of Rs 159-167 per share and a grey market premium of Rs 9.

28 Sep 2026
• TL;DR

Rupee weaker ₹95.88 after Trump rejects Iran peace plan

The rupee opened seven paise lower at Rs 95.88 per dollar as Brent crude prices surged past $107 per barrel, driven by geopolitical tensions between the US and Iran.

28 Sep 2026
• TL;DR

Sun Pharma signs global Lerodalcibep deal excluding US and China

Sun Pharma has secured a global licensing agreement with LIB Therapeutics to commercialize and manufacture the cholesterol-lowering drug lerodalcibep.

28 Sep 2026
• TL;DR

PC Jeweller settles nearly ₹4,100cr bank debt, stock up 89%

PC Jeweller has become debt-free, clearing dues to 14 consortium banks, leading to an 89% stock rally over six months and boosting investor confidence.

28 Sep 2026
• TL;DR

Rupee opens at 95.87 as Brent crude rises to $105.95

The Indian rupee opened 5 paise lower at 95.87 per dollar, while most Asian currencies, except the Indonesian rupiah, traded lower against the US dollar.

28 Sep 2026
• TL;DR

Nomura gives ABD buy, ₹850 target citing premium push

Nomura has initiated coverage on Allied Blenders and Distillers with a 'Buy' rating, setting a target price of ₹850, indicating a 19% upside from its recent closing price.

28 Sep 2026
• TL;DR

Brent crude rises to $105 amid Strait of Hormuz tensions

Brent crude rose to $105 as tensions between the US and Iran escalated, with Iran declaring readiness for a "doomsday war" while Nifty declined for seven consecutive weeks.

28 Sep 2026
• TL;DR

Bank strike deferred after late talks between IBA and unions

Bank unions have deferred a three-day nationwide strike after reaching an agreement with the Indian Banks' Association, ensuring banks remain open on Monday, September 28.

28 Sep 2026
• TL;DR

China industrial profits rise 4.2% in August amid AI surge

China's industrial profit growth decelerated to 4.2% in August, down from 11.2% in July, as weak domestic demand and excess capacity pressured companies.

28 Sep 2026
• TL;DR

China and US extend trade truce until January 2027

China and the US have extended their trade truce to January 2027, focusing on cooperation in coal, agriculture, AI, finance, and flights.

28 Sep 2026
• TL;DR

Oil up 1% after Trump rejects Strait of Hormuz reopening

Oil prices rose over 1% as Middle East tensions escalated, while gold continued its decline amid persistent inflation concerns and potential Federal Reserve interest rate hikes.

28 Sep 2026
• TL;DR

Oil rises over 1% after President Trump rejects Iran offer

Oil prices rose over 1% after President Trump rejected Iran's peace proposal, maintaining geopolitical tensions and impacting supply vulnerabilities in the Middle East.

28 Sep 2026
• TL;DR

Indian markets set to open flat as FPIs sell

Indian markets are expected to open flat to negative on Monday, influenced by mixed global cues and significant foreign portfolio investor (FPI) selling.

28 Sep 2026
• TL;DR

China and US pause trade fight for 2 months

China confirmed a two-month extension of the US trade truce, allowing both nations to evaluate the October economic arrangement and advance discussions on resolving trade issues.

28 Sep 2026
• TL;DR

SRIT India launches IPO priced ₹123-₹130 to raise ₹218.40cr

SRIT India's IPO opens today with a price band of ₹123-130 per share, aiming to raise ₹218.40 crore through a fresh issue of 1.68 crore shares.

28 Sep 2026
• TL;DR

Gautam Adani India's richest on 2026 M3M Hurun list ₹187.5L/cr

Gautam Adani surpasses Mukesh Ambani as India's richest, with the nation's total wealth reaching Rs. 187.5 lakh crore, according to the M3M Hurun India Rich List 2026.

28 Sep 2026
• TL;DR

IRDAI proposes insurance distribution overhaul, seeks feedback until Oct 25

The Insurance Regulatory and Development Authority of India (IRDAI) suggests new rules to streamline distribution, reduce costs, and address mis-selling in the insurance sector.

28 Sep 2026
• TL;DR

Asian markets mixed after US rejects Iran proposal, oil jumps

Asian shares opened mixed with South Korea's benchmark slipping, while rising oil prices heightened inflation concerns, potentially leading to further interest rate hikes.

28 Sep 2026
• TL;DR

a16z's Raghu Raghuram sees India AI potential using open-weight models

India currently lacks frontier AI model companies and computing capacity, but a16z's Raghu Raghuram sees potential in Indian startups leveraging open-weight models.

28 Sep 2026
• TL;DR

Prosus in talks to invest ₹150cr in BazaarNow rivaling Instamart

Prosus is negotiating a Rs 150 crore investment in BazaarNow, valuing the company at approximately Rs 900 crore, potentially challenging Swiggy's Instamart.

28 Sep 2026
• TL;DR

Armatrix wins ET Best on Campus for snake-like robotic arms

Armatrix, a Bengaluru-based startup, won the Best on Campus category at The Economic Times Startup Awards 2026 and plans 10-12 pilot projects before commercial deployment in 2028.

28 Sep 2026
• TL;DR

Goldman Sachs says 42 Indian AI stocks rose about 60%

India's AI-linked infrastructure stocks have soared, with Goldman Sachs identifying 42 enablers benefiting from the growing demand for data centre and semiconductor infrastructure.

28 Sep 2026
• TL;DR

Indian space startups aim global impact as ISRO refocuses

India's private space startups, like Digantara and GalaxEye, aim for $100 million annual revenue by 2029, leveraging global demand for advanced surveillance technologies.

28 Sep 2026
• TL;DR

Gold falls 0.7% to $4,254.77 as oil fuels inflation fears

Gold prices fell as rising oil prices fueled inflation concerns, reinforcing expectations of further Federal Reserve interest rate hikes. Spot gold dropped 0.7%.

28 Sep 2026
• TL;DR

Gold drops about 2.4% this week amid US Fed uncertainty

Gold prices dipped this week as ongoing geopolitical tensions and elevated energy costs heightened expectations for further Federal Reserve interest rate hikes to combat inflation.

28 Sep 2026
• TL;DR

Noel Tata opposes N Chandrasekaran reappointment at Tata Sons AGM

Tata Group companies are grappling with the decision to support or oppose N Chandrasekaran's reappointment as a director amid internal disputes at Tata Sons.

28 Sep 2026
• Indian Government

3-day bank strike deferred, branches to open as usual today

The proposed three-day nationwide bank strike from September 28 to 30 has been deferred.

28 Sep 2026
• TL;DR

US markets slide as Trump rejects Strait of Hormuz reopening

Dow futures fell nearly 200 points after President Trump rejected Iran's proposal on the Strait of Hormuz, causing crude oil prices to rise significantly.

28 Sep 2026
• TL;DR

JP Morgan says UPI MDR could lower cross border costs

Introducing merchant fees on UPI transactions could enhance its cross-border use, offering a cost-effective alternative to cards and cash, according to JP Morgan's Max Neukirchen.

28 Sep 2026
• TL;DR

China asks firms for NVIDIA RTX PRO 5500 purchase plans

China may permit companies like ByteDance and Alibaba to acquire Nvidia's RTX PRO 5500 chips, potentially bypassing US export restrictions, according to The Information.

28 Sep 2026
• TL;DR

Finance ministry discusses AI with banks to improve loan collections

The finance ministry is gathering feedback from banks on their use of AI-driven loan collection solutions, aiming to assess the extent and stage of AI adoption across the sector.

27 Sep 2026
• Infosys

Infosys to move one-third of workforce into specialist roles

Infosys, the Bengaluru-based company, has announced plans to move a quarter to a third of its workforce into specialist roles.

27 Sep 2026
• Hyderabad

PVR fined ₹75,000 for showing excessive ads before film

PVR Cinemas has been ordered to pay a fine of ₹75,000 after a Hyderabad-based lawyer complained about excessive advertisements before a movie, The Economic Times reported.

Why ED has attached Gameskraft's assets worth ₹442cr

The Enforcement Directorate (ED) has attached assets worth ₹442 crore in its money laundering investigation against online gaming company Gameskraft and its app RummyCulture.

27 Sep 2026
• China

India's consumer durables market to grow 10% annually through 2030

India's consumer durables market is on track for major growth, with a projected annual growth rate of 8-10% until 2030.

27 Sep 2026
• IRDAI

IRDAI's new reforms could lead to cheaper insurance premiums

The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a series of reforms that could impact insurance premiums in the country.

27 Sep 2026
• Indian Government

Relief for customers as government mandates 30-day, voice-SMS-only recharge plans

The Indian government has launched the Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026.

Mobile retailers to protest against UPI charges on October 2

Mobile phone retailers across India will observe a "No UPI Day" on October 2.

27 Sep 2026
• Supreme Court Of India

SC to hear plea against MDR on UPI payments tomorrow

The Supreme Court of India is set to hear a petition challenging the Indian government's decision to impose Merchant Discount Rate (MDR) on certain UPI transactions, tomorrow.

27 Sep 2026
• Adani Ports

This is India's first private port to run on renewable-power

Adani Ports and Special Economic Zone (APSEZ) has announced that its Dhamra Port in Odisha is now India's first large-scale private multi-cargo port to run entirely on renewable electricity.

27 Sep 2026
• India

AYUSH services sector might hit $318B in India by 2047

A recent study by the Research and Information System for Developing Countries (RIS) has revealed, that India's AYUSH services sector is one of the fastest-growing service segments in the country.

27 Sep 2026
• LG

ACs, TVs and washing machines to become costlier from October

Leading manufacturers of appliances and consumer electronics are likely to raise prices of air conditioners (ACs), LED TVs, washing machines, and other products by up to 8%.

27 Sep 2026
• Personal Finance

Buying property from NRIs is about to become easier

From October 1, 2026, resident individuals and Hindu Undivided Families (HUFs) will have a smoother process when buying property from non-resident sellers.

27 Sep 2026
• Coinbase

NVIDIA's Hugging Face buyout could net Kevin Durant $60M profit

NBA superstar Kevin Durant is set to make a killing from his early-stage investments in AI start-up Hugging Face.

27 Sep 2026
• Blockchain

AI, blockchain convergence could create trillion-dollar hyperscaler cloud market: BlackRock

Hyperscaler cloud revenues could exceed $1 trillion annually by 2030, a BlackRock report has projected.

27 Sep 2026
• Boeing

Boeing 737 MAX software glitch could affect landings

Boeing has flagged a previously undisclosed software glitch in its 737 MAX aircraft, The Wall Street Journal reported.

27 Sep 2026
• Reserve Bank Of India (RBI)

FD rules change from October 1: How they affect you

In a bid to enhance transparency, the Reserve Bank of India (RBI) has issued new guidelines for commercial banks.

27 Sep 2026
• Insurance

IRDAI's Bima Sugam debuts this November: Why it's a gamechanger

The Insurance Regulatory and Development Authority of India (IRDAI) is all set to launch its much-anticipated digital insurance marketplace, Bima Sugam.

27 Sep 2026
• Ola Electric

Mehli Mistry steps down from Tata Medical Centre Trust

Mehli K Mistry, a close aide of the late industrialist Ratan Tata, has stepped down from his position as a trustee of the Tata Medical Centre Trust. Mistry's current term is set to end on September 30.

27 Sep 2026
• Reserve Bank Of India (RBI)

Are public and private sector banks open today, September 27?

Public sector banks and Regional Rural Banks (RRBs) are open today, September 27, 2026.

26 Sep 2026
• China

China, US agree to $30B tariff reduction during Xi's visit

China has announced a major agreement with the United States, including a $30 billion reciprocal tariff reduction and the establishment of an artificial intelligence (AI) dialogue.

26 Sep 2026
• Iran

US-China summit ends with agreement on AI, military crisis communication

The US and China have agreed to establish a communication channel for artificial intelligence (AI) incidents and expedite military crisis communication efforts.

26 Sep 2026
• WhatsApp

AI voice calls on WhatsApp helping brands boost sales

GoKwik's latest data shows that Direct to Consumer (D2C) brands are significantly boosting their abandoned-cart recoveries by integrating AI-powered voice calls into their WhatsApp campaigns.

26 Sep 2026
• Inflation

DHL Express to hike shipment charges in India by 8.9%

DHL Express, a leading logistics company, has announced an 8.9% hike in its shipment charges in India.

26 Sep 2026
• Air India

Airbus flags fuselage coating issue affecting some IndiGo A321neo planes

Airbus has flagged a quality issue with the surface protection coating on the fuselage of several narrow-body A321neo planes.

26 Sep 2026
• NTPC

Why NTPC has joined hands with France's EDF

State-owned power giant NTPC has signed a joint venture (JV) agreement with EDF Power Solutions India, a subsidiary of French electricity company Electricite de France (EDF).

26 Sep 2026
• PhonePe

PhonePe CEO Sameer Nigam thinks AI companies are overvalued

Sameer Nigam, the co-founder and CEO of PhonePe, has said that while artificial intelligence (AI) isn't overhyped, the valuations of companies in this space are definitely overstated.

26 Sep 2026
• Paramount Pictures

Why Paramount Skydance is shifting its stock listing to NYSE

Paramount Skydance has announced its decision to shift the listing of its Class B common stock from Nasdaq to the New York Stock Exchange (NYSE).

26 Sep 2026
• Oracle

Why Larry Ellison has pledged Oracle shares worth $9.2B

Larry Ellison, Oracle's executive chairman and chief technology officer, has pledged an additional 67 million shares of the tech giant as collateral for personal loans.

26 Sep 2026
• TikTok

Why TikTok has agreed to pay $100M to Alabama

TikTok has settled a lawsuit with the state of Alabama, agreeing to pay at least $100 million and impose restrictions on teenage users.

This biscuit maker has filed for ₹1,800cr IPO in India

Anmol Industries, a leading Indian biscuit manufacturer, has filed for an initial public offering (IPO) worth up to ₹1,800 crore ($187.87 million).

26 Sep 2026
• Reserve Bank Of India (RBI)

India's forex reserves fall by $14.9B to hit $765B

India's foreign exchange reserves have witnessed a significant decline of $14.9 billion.

Nscale secures major funding ahead of IPO

UK-based artificial intelligence (AI) company Nscale has raised a whopping $3.36 billion in financing, ahead of its planned initial public offering (IPO) later this year, the firm announced on Friday.

26 Sep 2026
• WordPress

Matt Mullenweg reshuffles Automattic board weeks after removal attempt

Matt Mullenweg, the CEO of Automattic, has reshuffled the company's board just weeks after an unsuccessful attempt to remove him.

26 Sep 2026
• Australia

India, Australia working toward finalizing bilateral investment treaty: Piyush Goyal

India and Australia are working toward finalizing a Bilateral Investment Treaty (BIT) and a Comprehensive Economic Cooperation Agreement (CECA), Commerce Minister Piyush Goyal announced.

26 Sep 2026
• International Monetary Fund

AI could boost labor productivity by 3.8%, says IMF

The International Monetary Fund (IMF) has released a working paper revealing that artificial intelligence (AI) could boost aggregate labor productivity by as much as 3.8% in the long run.

25 Sep 2026
• Oracle

IITs ban Oracle, others from campus recruitment for 2 years

The Indian Institutes of Technology (IITs) have decided to impose a two-year ban on 22 companies from campus recruitment.

MDR on UPI not influenced by external pressure: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has dismissed allegations that the decision to introduce a 0.4% Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) transactions was influenced by external pressure.

25 Sep 2026
• Ministry of Finance

LIC MD Dinesh Pant retires prematurely after 15 months

The central government has approved the premature retirement of Dinesh Pant as the Managing Director of Life Insurance Corporation of India (LIC).

25 Sep 2026
• State Bank of India (SBI)

Nationwide bank strike: SBI waives ATM charges for 3 days

The State Bank of India (SBI) has announced a waiver on ATM charges for three days, from September 28 to 30.

25 Sep 2026
• Starbucks

Starbucks shuts 250 stores as turnaround continues

Starbucks has announced its decision to close 250 stores across North America.

25 Sep 2026
• Bengaluru

India's start-up funding rises to $10.3B, but deal count plunges

India's tech start-ups raised $10.3 billion in funding during the first nine months of 2026, according to Tracxn's India Tech 9M 2026 report.

25 Sep 2026
• Ola Electric

Ola Electric shares fall 9%: What's behind today's decline?

Ola Electric Mobility's shares have witnessed a sharp decline, falling by as much as 9% to ₹38.75 apiece on the NSE.

25 Sep 2026
• Blue Origin

Blue Origin raises $10B as Bezos's investment hits $32B

Blue Origin, the aerospace venture founded by Jeff Bezos, has raised $10 billion in a funding round that values the SpaceX rival at $140 billion.

25 Sep 2026
• Goldman Sachs

Goldman Sachs picks up stake in FirstCry parent company

Global investment bank Goldman Sachs has acquired a significant stake in Brainbees Solutions Ltd, FirstCry's parent company.

25 Sep 2026
• Indian Government

No commitment to 5-day workweek made for banks: Indian government

The Indian government has denied any commitment to a five-day workweek for banks.

25 Sep 2026
• Federal Reserve

Nifty IT index falls for 6th consecutive session

The Nifty IT index fell by 0.6% today, extending its losing streak to six consecutive sessions. The index has lost a total of 4% during this period.

Orient Cables IPO opens with 38% GMP: Apply or avoid?

The ₹552-crore initial public offering (IPO) of Orient Cables has opened for subscription today. The bidding will close on September 29.

25 Sep 2026
• Piyush Goyal

India records highest-ever annual FDI inflow of $94.5B

India has achieved its highest-ever annual Foreign Direct Investment (FDI) of $94.53 billion in the fiscal year 2025-26.

25 Sep 2026
• Vodafone Idea

Vi makes international roaming free on select plans

Vodafone Idea has launched a new service, offering free international roaming to its postpaid, prepaid, and enterprise customers. The initiative is part of the company's brand promise Vi Pe Sab Hain VIP.

25 Sep 2026
• Indian Government

UPI charges: Will 18% GST on MDR fee stay?

The Indian government has confirmed that it will not extend the October 15 deadline for implementing Merchant Discount Rate (MDR) on certain Unified Payments Interface (UPI) transactions.

25 Sep 2026
• Anthropic

Anthropic seeks shareholder approval to give founders majority voting control

Anthropic, a leading player in the enterprise AI space, is seeking shareholder approval for a new corporate structure.

25 Sep 2026
• Meta

Meta's Muse AI launch sends shares soaring 36% in September

Meta Platforms Inc., the parent company of Facebook, has seen a massive surge in its stock value, jumping by a whopping 36% in September.

25 Sep 2026
• Zerodha

After IRDAI's revamp proposal, Nithin Kamath warns of regulatory risk

Zerodha co-founder and CEO Nithin Kamath has warned that regulatory risk is the biggest threat to any regulated financial business.

25 Sep 2026
• Satya Nadella

Microsoft President Brad Smith to oversee communications

Microsoft has made a major organizational shift by moving its communications group from the marketing department to the Corporate, External, and Legal Affairs (CELA) organization.

25 Sep 2026
• Inflation

Why US Treasury yields crossing 5% is worrying markets

The recent surge in the 10-year US Treasury yield, which recently crossed the 5% mark, has sparked concerns among investors.

25 Sep 2026
• Donald Trump

US, China reach new trade agreement

The United States and China have reportedly reached a new trade agreement.

24 Sep 2026
• Adani Group

Adani to invest over ₹1 lakh crore in West Bengal

The Adani Group has announced an ambitious plan to invest over ₹1 lakh crore in West Bengal by 2035.

24 Sep 2026
• Donald Trump

Elizabeth Holmes to leave prison for halfway house in 2027

Elizabeth Holmes, the former CEO of Theranos, has been approved for a transfer to a halfway house next year.

Morgan Stanley's email blunder exposes 100+ potential deals

Morgan Stanley is scrambling to contain the fallout from an email blunder that exposed details of over 100 potential investment-banking deals across Asia.

24 Sep 2026
• Mukesh Ambani

Reliance to raise ₹10,000cr via bonds

Billionaire Mukesh Ambani's Reliance Industries Limited (RIL) is gearing up for its second major fundraising round.

24 Sep 2026
• Amazon

Amazon to invest $3B in India's fast delivery business

Amazon will invest $3 billion in its fast delivery business in India by 2030. The investment will focus on expanding its network of small neighborhood warehouses, improving delivery efficiency.

24 Sep 2026
• HSBC Bank

HSBC to re-enter India's stock broking business after 13 years

HSBC, the London-headquartered banking giant, is making a comeback in India's stock broking business after 13 years.