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Prabhudas Lilladher keeps 'Buy' on Fractal Analytics, ₹1,010 target
Prabhudas Lilladher recommends a 'BUY' rating for Fractal Analytics, citing strong revenue growth (+14% YoY in USD) and operational leverage, with a target price of Rs 1010.
RenewBuy merges into InsuranceDekho as Ankit Agrawal leads new team
InsuranceDekho and RenewBuy have merged to form a unified insurance distribution platform, combining their regional strengths for a pan-India presence.
India prepares PLI to target 30GW polysilicon capacity, estimated ₹25,000cr
India plans a new production-linked incentive scheme for polysilicon to reduce import dependence on China and support its ambitious 500 GW non-fossil power target by 2030.
Magna International invests $35 million in Yuma Energy, diluting Yulu's stake
Magna International invests $35M in Bengaluru-based Yuma Energy, increasing its stake to expand battery-swapping infrastructure for India’s growing EV and gig economy markets.
India's manufacturing posts slowest growth in 5 years in August
India's manufacturing PMI fell to 52.8 in August, marking its lowest level in 60 months amid geopolitical tensions and elevated fuel prices impacting sentiment.
Indian airline shares fall after jet fuel jumps to ₹121.28
Shares of IndiGo and SpiceJet dropped up to 3.2% after a 5.46% hike in aviation turbine fuel prices, escalating cost pressures for Indian airlines.
RBI's September 15 re-KYC deadline threatens small UPI merchants' payments
As the RBI’s September 15 re-KYC deadline approaches, 30-35% of small offline merchants and a million online businesses risk payment disruptions due to non-compliance.
WPP to cut up to 1,000 jobs by end 2026
WPP plans to axe up to 1,000 more jobs this year amid industry-wide slowdown and AI-driven restructuring, adding to over 11,000 layoffs since early 2025.
Anthropic IPO expected to match or exceed SpaceX's $86.2B debut
Anthropic PBC's anticipated record-breaking IPO is overshadowing other companies' US listing plans, creating fierce competition for investor attention in a crowded market.
Apple veteran Phil Schiller steps down as App Store chief
Phil Schiller, a long-serving Apple executive, is stepping down from his roles overseeing the App Store and product launches.
Canada to impose up to 50% tariffs on US imports
Canada has announced counter-tariffs of up to 50% on hundreds of US goods, targeting industries like steel, dairy, and furniture in response to new US import taxes.
Indian markets open cautiously as Sensex and Nifty slip
Indian equity markets opened cautiously on September 1, with Nifty falling 0.16% to 24,040.95 and Sensex slipping 47.74 points amid global headwinds like elevated crude prices.
MediaTek shares surge 10% after NVIDIA's $3.5B investment
MediaTek's shares surged by 10% during Taipei trading on Tuesday, following a massive $3.5 billion investment from NVIDIA.
ATF prices hiked by 5.46%: Will flight tickets rise?
The price of aviation turbine fuel (ATF) for domestic airlines has been increased by 5.46%, or ₹6.28 per liter.
ICICI Securities maintains buy on HDFC Bank at ₹920
ICICI Securities maintains a BUY rating on HDFC Bank, revising its target price to Rs 920 due to leadership uncertainties and valuation adjustments amidst regulatory challenges.
Commercial LPG cylinders rise ₹10 nationwide while home gas unchanged
Commercial LPG cylinder prices were increased by ₹10 nationwide on September 1, 2026, reversing a two-month decline. Delhi's new price stands at ₹2,747.5 per cylinder.
Shein's Hong Kong IPO drops 10%, raises US$1.7 billion
Shein's stock dropped 10% on its first trading day in Hong Kong, following a $1.7 billion IPO that valued the fast-fashion retailer at $26.3 billion.
CNG, PNG prices increased in Mumbai: Check new rates
Mahanagar Gas Limited (MGL) has announced a hike in the price of Compressed Natural Gas (CNG) and domestic Piped Natural Gas (PNG) in Mumbai.
Rupee opens at 95.01 as Fed chair comments boost dollar
The Indian rupee opened 16 paise higher at 95.01 per dollar, while most Asian currencies traded lower against the US dollar amid rate hike speculations and oil price concerns.
Indian Oil raises jet fuel 5.46% to ₹121.28 per liter
Aviation turbine fuel prices in India rose by 5.46% due to increasing global crude oil rates, driven by geopolitical tensions like the Iran-US conflict impacting energy supplies.
NVIDIA's $3.5B investment in convertible bonds lifts MediaTek shares 10%
MediaTek shares soared 10% in Taipei trading after Nvidia announced a $3.5 billion investment, marking its largest direct investment outside the United States.
Sun Pharma joins US MFN pricing deal announced by Trump
Sun Pharma has joined nine drugmakers in signing an agreement with the US government to offer Most Favoured Nation pricing for state Medicaid programs and future medicines.
Government reforms, private investment lift India 7.8% in Q1 FY27
India's Q1 GDP growth of 7.8% surpassed market expectations, reflecting strong domestic activity and government reforms, with experts emphasizing the need for higher investments.
White House backs NABEP 100-year concessions for 17 Venezuelan oilfields
North American Blue Energy Partners (NABEP) has obtained 100-year concessions for 17 Venezuelan oil fields, granting the US significant control over 65 billion barrels.
Rays of Belief launches ₹125 cr IPO Sept 1-3
Rays of Belief IPO opens today, priced at ₹227-₹239 per share, with a grey market premium of ₹48 indicating a potential 20% listing gain amidst mixed expert opinions.
India's services exports rise 13.4% YoY in July to $38.25B
India's services exports surged 13.4% y-o-y to $38.25 billion in July 2026, while imports grew faster at 19.1%, reaching $20.61 billion, RBI data revealed.
SEBI to implement updated ETF trading rules on September 7
SEBI’s updated framework for ETFs, covering base price, price bands, and pre-open call auctions, will take effect on September 7 after a one-week implementation delay.
IIT Madras's Divanshu Kumar launches Solinas Integrity targeting manual scavenging
Divanshu Kumar, an IIT Madras alumnus from Bihar, developed HomoSEP robots to replace humans in hazardous sewage cleaning; his startup is now valued at ₹15 crore.
South Korea August 2026 exports jump 68.7% on AI-powered semiconductors
South Korea's exports soared in August, driven by robust demand for AI-related semiconductors, with adjusted shipments rising 72.5% year-on-year and boosting economic momentum.
Gold steadies at $4,454.68 as markets await US jobs report
Gold prices remained stable as traders assessed escalating Middle East tensions and awaited crucial U.S. labor data, which could influence Federal Reserve interest rate decisions.
RBI forward positions hit $137B in July after long-term swaps
The Reserve Bank of India's net short forward positions surged to $137 billion in July, driven by long-term forex inflow swaps, as foreign exchange reserves hit $729.33 billion.
John Ternus becomes Apple CEO as India iPhone manufacturing rises
John Ternus, Apple’s new CEO, inherits Tim Cook’s robust India strategy, aiming to expand hardware growth and deepen the country’s role in manufacturing and software ecosystems.
Japan's factories grow 8th month as PMI hits 54.9
Japan's manufacturing sector surged in August, with new business growth hitting its fastest pace since January 2018, driven by strong semiconductor and AI-related demand.
British Retail Consortium: UK retail prices rise 1.5% in August
UK shop prices surged 1.5% year-on-year in August, the fastest pace since February 2024, driven by rising energy costs and increased demand for electronics amid the global AI boom.
Anthropic lands $35B NVIDIA-backed Lambda cloud deal for Claude AI
Anthropic has reportedly inked a $35 billion cloud-computing deal with Nvidia-backed Lambda to scale its Claude AI, addressing surging demand for AI-driven solutions.
Bengaluru's Kepler Aerospace raises $8 million for 6 autonomous swarm satellites
Kepler Aerospace secured $8 million in seed funding to develop autonomous swarm satellites for military surveillance, marking one of India's largest space-tech seed rounds.
SEBI seeks to refine F&O warnings after FY26 ₹91,685cr losses
Sebi is exploring dynamic risk warnings on brokerage apps to curb retail losses in the derivatives segment, which saw 87.7% of individual traders incur losses in FY26.
Krafton and IIT-Madras launch 6-month KIGI Academy for game developers
Krafton has launched KIGI Academy with IIT Madras to equip students with hands-on game development skills, aiming to bridge India's talent gap in the growing gaming industry.
Sashidhar Jagdishan will not seek 3rd term at HDFC Bank
HDFC Bank must finalize a new CEO by October 26 as Sashidhar Jagdishan opts out of a third term, leaving limited time for RBI approval amidst leadership transition risks.
Atlassian CEO Cannon-Brookes in Bengaluru says AI tools assist people
Atlassian CEO Mike Cannon-Brookes emphasizes prioritizing AI's value over cost as it increasingly drives productivity and innovation within enterprise software solutions.
India's market braces as about 25 IPOs seek ₹25,000 cr
India's primary market braces for a ₹20-25,000 crore IPO surge in September as nearly 25 companies rush to complete offerings before regulatory approvals expire.
Trump Jr.-backed 1789 Capital invests $300 million in Polymarket's $1B round
Polymarket has reportedly raised $300 million from 1789 Capital, co-led by Donald Trump Jr., as part of a $1 billion funding round, according to The Wall Street Journal.
Andreessen Horowitz raises $8.5B fund, launches $1.1B Machine Age Fund
Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion, just days after launching the $1.1 billion Machine Age Fund targeting AI hardware startups.
Dow Jones falls 370 points as Goldman Sachs, Alphabet tumble
The Dow Jones dropped 370 points on Monday as escalating US-Iran tensions, surging crude oil prices, and renewed fears of a Federal Reserve rate hike dampened investor sentiment.
Punjab National Bank plans 12-13% lending growth in 18 months
Punjab National Bank anticipates 12-13% credit growth for 18 months, driven by MSME demand, while investing Rs 3,400 crore in AI to enhance efficiency beyond risk mitigation.
Gold slips 0.5% as oil, Treasury yields spur rate fears
Gold dipped 0.5% as escalating Middle East tensions pushed oil prices higher, fueling inflation fears and raising expectations of a Federal Reserve rate hike in September.
Japanese yen at 159.69 despite $96.4B intervention as dollar strengthens
The yen’s drop past 160 against the dollar highlights its vulnerability, raising concerns over potential intervention as markets anticipate moves from Japan and the Bank of Japan.
Vineet Nayyar warns companies should not fire employees over AI
Vineet Nayyar criticizes AI-driven layoffs, emphasizing human-led revolutions and innovations while urging leaders to inspire employees over measuring productivity.
Stocks fall as oil spike rekindles inflation fears, yields rise
U.S. stocks fell Monday as surging crude prices reignited inflation fears, while Federal Reserve Chair Kevin Warsh's hawkish remarks fueled expectations of tighter monetary policy.
Why NVIDIA is investing $3.5B in MediaTek
NVIDIA has announced a major investment of $3.5 billion in Taiwanese semiconductor giant MediaTek.
India's fiscal deficit for April-July stands at ₹4.55L crore
India's fiscal deficit for the first four months of this financial year, up to July, stood at ₹4.55 lakh crore.
You can soon port AutoPay mandates across UPI apps
The National Payments Corporation of India (NPCI) is planning to make UPI AutoPay interoperable.
How Axis Mutual Fund's new 'Shagun SIP' feature works
Axis Mutual Fund has launched a new digital feature called 'Shagun SIP,' aimed at systematic investment in gold and silver.
You can now use PhonePe for payments on feature phones
PhonePe has launched a new service, UPI 123Pay, to enable feature phone users to make Unified Payments Interface (UPI) payments without an internet connection.
Who is John Ternus, Apple's new CEO after Tim Cook?
Tim Cook, the long-serving CEO of Apple, is stepping down from his position on September 1.
Financial changes from September 1
Starting September 1, a number of key financial changes will come into effect.
India's GDP grows 7.8% in Q1 FY27, beats expectations
India's economy grew by 7.8% in the April-June quarter of FY2026-27, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) today.
Gold falls ₹2,600, silver drops ₹4,200: What's driving the sell-off?
Gold and silver prices have witnessed a sharp decline of up to 2% in early deals on the Multi Commodity Exchange (MCX) today. The fall comes amid profit-taking and weak global cues.
This city has the most number of billionaires in Asia
The global billionaire population has seen its fastest growth since 2020, driven largely by the artificial intelligence (AI) boom.
NPS charges changing from October 1: How it affects subscribers
The Pension Fund Regulatory and Development Authority (PFRDA) has announced a revision in the charge structure for Point of Presence (PoP) channels under the National Pension System (NPS).
Zomato won't show you fake dairy dishes anymore
In a major move, Zomato has announced a zero-tolerance policy against the sale of analog dairy dishes on its platform in India.
Guidelines for Semicon 2.0 scheme notified: How it affects businesses
The Indian government has notified the detailed framework for its Semicon 2.0 scheme, which aims to boost the country's semiconductor ecosystem.
Ather Energy stock hits record high, brokerages turn bullish
Ather Energy's stock has witnessed a remarkable surge, rising by 4% to a new high of ₹1,679 today.
Why Zee Entertainment shares crashed 14% today
Zee Entertainment witnessed a massive fall in its share price on Monday.
Pernia's Pop-Up Shop IPO now open: Should you subscribe?
Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has launched its initial public offering (IPO) today.
SpiceJet wants more time to pay ₹50cr to Kalanithi Maran
SpiceJet, the cash-strapped budget airline, has sought more time from the Delhi High Court to pay its first installment of ₹50 crore.
Why Bank of England chief is worried about advanced AI
Andrew Bailey, the Governor of the Bank of England, has warned that advanced artificial intelligence (AI) could pose a threat to global financial stability.
NCLAT will hear challenge to Subhash Chandra's repayment plan tomorrow
The National Company Law Appellate Tribunal (NCLAT) has agreed to hear an urgent plea from several creditors, challenging the approval of Subhash Chandra's repayment plan by the National Company Law Tribunal (NCLT).
Why Zomato is firing around 250 employees in Hyderabad
Zomato, the popular food delivery platform, is shutting down its customer support operations in Hyderabad, as per The Economic Times.
OpenAI has warrants worth $5.5B from this SoftBank subsidiary
US tech giant OpenAI has been issued warrants worth an estimated $5.5 billion by SB Energy, a power infrastructure firm, the Wall Street Journal has reported.
Zomato cuts 250 jobs as it shuts Hyderabad support center
Zomato, the food delivery platform, is shutting down its customer support operations in Hyderabad. The move will lead to around 250 job losses, as per the Economic Times.
Oil surges above $90 as US strikes Iran
Oil prices surged over 2% on Monday after US forces targeted two Iranian launchers on Larak Island in the Strait of Hormuz.
Aon nears $17B deal to buy USI Insurance
Aon, a leading insurance broker and consultancy firm, is close to finalizing a deal to acquire USI Insurance Services from private equity firm KKR.
Sensex tumbles 500 points: What's dragging markets down today?
The benchmark equity indices, Sensex and Nifty, witnessed a sharp decline on Monday.
UPI set to launch in Uzbekistan
The Unified Payments Interface (UPI) will soon be launched in Uzbekistan, the Ministry of External Affairs (MEA) has confirmed.
Why Apple's new CEO faces a management shake-up
John Ternus, the incoming CEO of Apple, is expected to make major changes in the company's executive team.
China's factory activity shrinks for second consecutive month
China's manufacturing sector has witnessed a contraction for the second consecutive month, albeit at a lesser rate than market predictions.
Ex-SBI chief Dinesh Khara among contenders for HDFC Bank CEO
Former State Bank of India (SBI) Chairman Dinesh Kumar Khara is being considered as a potential successor to Sashidhar Jagdishan for the position of Managing Director and Chief Executive Officer (MD & CEO) at HDFC Bank.
Tamil Nadu's new-age business houses line up for IPOs
A number of Tamil Nadu-based companies are preparing to launch their initial public offerings (IPOs).
SK Hynix open to more US semiconductor investments
SK Hynix's CEO, Kwak Noh-jung, has said that the company is open to more semiconductor investments in the US.
India's beauty, personal care market to reach $42B by FY31
India's Beauty and Personal Care (BPC) market is set to witness a massive growth from $23 billion in FY26 to $42 billion by FY31.
EPFO highlights campaign to bring more workers under social security
The Employees' Provident Fund Organization (EPFO) has highlighted the Employees's Enrolment Campaign 2026, which runs from June 29 to October 31, aims to widen social security coverage and formalize the workforce.
Bira 91 facing insolvency threat over ₹11cr+ unpaid dues
Bira 91, a popular Indian beer brand, is facing an insolvency threat as Hindusthan National Glass and Industries Ltd (HNGIL) has issued a default notice to its parent company B9 Beverages Ltd.
India's GDP to grow at 7-7.2% in FY27, says EY
India's real gross domestic product (GDP) growth is projected to stay strong at 7-7.2% in the financial year 2026-27 (FY27), according to a recent report by Ernst & Young (EY).
NCLT might soon have dedicated benches for insolvency cases
A Parliamentary panel has recommended the establishment of dedicated benches or verticals for insolvency cases at the National Company Law Tribunal (NCLT).
Who will become next CEO of HDFC Bank?
HDFC Bank, India's largest private lender, is considering Deputy Managing Director Kaizad Bharucha as a potential successor to current CEO Sashidhar Jagdishan.
Indian Bank to open 100 new branches, recruit 2,500 employees
Indian Bank plans to expand its operations by opening around 100 new branches in the current fiscal year, according to PTI.
India, Chile expedite efforts to finalize trade pact by year-end
India and Chile are stepping up efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) by the end of this year.
Kalshi suffers legal setback as Nevada gets power to regulate
Kalshi, a popular prediction market platform, has suffered a major setback in its legal battle against the state of Nevada.
UPI dominates India's digital merchant payments market with 77.3% share
India's digital merchant payments market is witnessing a major shift.
Robert Downey Jr. wears $1.1M watch that has no hands
Hollywood superstar Robert Downey Jr. made a grand appearance at Disney's Legends Awards Ceremony, but it wasn't just his presence that stole the show.
Country Delight wants to raise $200-300M via IPO in India
Country Delight, a leading subscription-based dairy and fresh-produce delivery platform, is gearing up for an initial public offering (IPO) in India.
BRICS summit causes luxury hotel room scarcity in Delhi
Delhi's luxury hotel market is witnessing a major spike in room rates and a shortage of availability ahead of the BRICS Summit.
India met fiscal deficit target for FY26: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced that the central government has successfully met its fiscal deficit targets for the financial year 2025-26.
SBI, subsidiary to divest up to 1% stake in NSE
The State Bank of India (SBI) and its subsidiary, SBI Capital Markets Ltd plan to sell up to a 1% stake in the National Stock Exchange (NSE).
Warren Buffett turns 96: Here are his top investing lessons
Warren Buffett, the legendary investor and former CEO of Berkshire Hathaway, turns 96 today.
FPIs invest almost ₹30,920cr in Indian equities this August
Foreign portfolio investors (FPIs) have pumped ₹30,919 crore into Indian equities in August.
Market cap of India's top 7 firms down ₹1.13L crore
The combined market capitalization of seven out of the top 10 most-valued companies in India fell by ₹1.13 lakh crore last week.
You can't use American Express's Reward Multiplier program from October
American Express has announced the discontinuation of its Reward Multiplier program in India, effective September 30, 2026.
Strait of Hormuz crisis: India paid $22B extra for fuels
A study by the Centre for Research on Energy and Clean Air (CREA), has revealed that India was among top 20 countries with highest gross additional costs for fuel during the Strait of Hormuz crisis.
Will Air India get new funding from Singapore Airlines?
Singapore's state-owned investment firm Temasek has backed Singapore Airlines's (SIA) long-term strategy in India.
US to acquire 35% stake in Venezuelan oil firm
The US government is planning to acquire a 35% passive stake in North American Blue Energy Partners, an energy company owned by Venezuelan businessman Alejandro Betancourt.
Why Anthropic has been sued by Sony Music, Warner Chappell
Sony Music Publishing, Warner Chappell, and several other music publishers have sued AI lab Anthropic and its co-founders Dario Amodei and Benjamin Mann.
US Fed's Jackson Hole conference ends: What are the takeaways?
The Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyoming, has come to a close.
HDFC Bank MD Sashidhar Jagdishan to retire in October
Sashidhar Jagdishan, the Managing Director and CEO of HDFC Bank, has announced his decision not to seek reappointment. He will retire from his position on October 26, 2026.
Musk's Starlink gets 10-year license to operate in UAE
The United Arab Emirates (UAE) has awarded Elon Musk's Starlink a decade-long license to set up and run a public satellite communications network.
These financial institutions are opposing Subhash Chandra's ₹6.25cr repayment plan
Canara Bank, Union Bank of India, and LIC Housing Finance are challenging an National Company Law Tribunal (NCLT) order approving Essel Group Chairman Subhash Chandra's ₹6.25 crore repayment plan.
FSSAI proposes red warning labels for unhealthy food items
The Food Safety and Standards Authority of India (FSSAI) has proposed a new labeling system for unhealthy food products.
Why Modi government is easing radiation limits for 5G towers
The Indian government has decided to relax the electromagnetic field (EMF) limits for mobile networks, according to The Economic Times.
Modi government urged to regulate exports of cotton yarn
The Apparel Export Promotion Council (AEPC) has urged Commerce Minister Piyush Goyal to regulate cotton yarn exports.
Tata Sons gets permission to hold AGM by December-end
Tata Sons has received a three-month extension from the Registrar of Companies (RoC) to conduct its Annual General Meeting (AGM) by the end of December.
SEBI clears IPOs of Jio Platforms, 6 other firms
The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) plans of seven companies, including Reliance-backed Jio Platforms.
Why IndiGo has invested in Sarvam AI
IndiGo Ventures has invested in Sarvam AI, an Indian artificial intelligence (AI) company.
Airtel adds 27L subscribers in July, Jio follows closely
India's wireless market saw a growth of 55.38 lakh mobile subscribers in July 2026, according to data from the Telecom Regulatory Authority of India (TRAI).
Stripe, Advent consortium drops $50B bid to acquire PayPal
A consortium of payment processing giant Stripe and buyout firm Advent has reportedly dropped its pursuit of acquiring fintech pioneer PayPal, according to Bloomberg.