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Business News

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10 Sep 2026
TL;DR

US stocks open lower as inflation surprise, oil tops $100

US stocks dropped Thursday as August producer prices fueled rate hike fears. Rising Middle East tensions pushed oil above $100, intensifying inflation and market worries.

10 Sep 2026
TL;DR

Brent crude tops $105 amid United States and Iran tensions

Brent crude surged past $105 a barrel as renewed US-Iran fighting and Saudi Arabia's sharp production drop heightened concerns over global energy supply disruptions.

10 Sep 2026
TL;DR

Martin Wolf urges India to partner with China in manufacturing

India must engage with China to build a robust manufacturing sector, says Martin Wolf, citing China's dominant global manufacturing position as unavoidable.

10 Sep 2026
TL;DR

SEBI to tweak derivatives closing price calculations, chairman acknowledges bumps

SEBI is revising the method for determining derivatives' closing prices on expiry days after liquidity concerns arose with the Closing Auction Session (CAS) mechanism rollout.

10 Sep 2026
TL;DR

Citi launches eFPI@Citi for 5-business-day FPI India registrations in Mumbai

Citi has introduced eFPI@Citi, a digital solution reducing foreign portfolio investor registration in India to five business days, simplifying market entry for global investors.

10 Sep 2026
TL;DR

Avisirah Technologies secures 75cr from Syndicate Finance for AI center

Avisirah Technologies has obtained ₹75 crore from Syndicate Finance to advance its Navi Mumbai AI-focused data centre, following a prior ₹50 crore loan in May 2025.

10 Sep 2026
TL;DR

Indian rupee slips 3rd day to 95.44 per US dollar

The Indian rupee fell 0.35% to 95.44 against the US dollar as rising Brent crude prices and foreign equity outflows pressured the currency for a third consecutive day.

10 Sep 2026
TL;DR

Labor Department: US jobless claims fell to 206,000 last week

Unemployment claims dipped to 206,000 last week, reflecting historically low layoffs as businesses remain cautious due to past labor shortages and economic pressures.

10 Sep 2026
TL;DR

Pam Kaur to step down as HSBC CFO by 2027

Pam Kaur, HSBC's first female Chief Financial Officer, will step down in 2027 after supporting CEO Georges Elhedery's restructuring efforts, prompting a search for her successor.

10 Sep 2026
TL;DR

SEBI launches Demat 2.0 pilot for tokenized corporate bonds

SEBI has initiated a pilot project for tokenised corporate bonds under Demat 2.0, with three issuers already testing the system using distributed ledger technology.

10 Sep 2026
TL;DR

Department of Consumer Affairs updates e-commerce rules January 1, 2027

The government has amended e-commerce rules, introducing stricter safeguards on search results, pricing transparency, consumer complaints, and seller disclosures.

10 Sep 2026
TL;DR

Bending Spoons to buy Miro for $1.36B cash, valued $1.79B

Italian tech firm Bending Spoons will acquire workplace-collaboration platform Miro in an all-cash deal valued at $1.36 billion, with the transaction expected to close by Q4.

10 Sep 2026
TL;DR

SEBI to adopt IOSCO AI toolkit for India's securities oversight

SEBI is implementing IOSCO's AI supervisory toolkit to enhance predictive regulation, leveraging data analytics for early risk identification in the securities market.

10 Sep 2026
TL;DR

Brent crude reaches $104 as Trump warns of US-Iran standoff

Brent crude oil reached $104 per barrel, driven by escalating Iran-US conflict and reduced Saudi output, sparking fears of prolonged energy-driven inflation globally.

10 Sep 2026
TL;DR

OPEC cuts 2026 oil demand growth forecast to 380,000 bpd

OPEC has reduced its 2026 oil demand growth projection to 380,000 barrels daily, marking the fifth consecutive downward revision, while forecasting higher demand growth for 2027.

10 Sep 2026
TL;DR

RBI Governor Sanjay Malhotra warns fintechs trust must underpin innovation

RBI Governor Sanjay Malhotra emphasized at GFF 2026 that fintechs must treat consumer data as a fiduciary responsibility, prioritizing trust over monetization.

10 Sep 2026
TL;DR

Muthoot Finance gold-loan conversion rises 150% after Blue Machines AI

Muthoot Finance, using Blue Machines AI, achieved a 150% boost in branch visit conversions and expanded its geographic reach to over 19,000 PIN codes across India.

10 Sep 2026
TL;DR

Jio launches JioFinance+ and JioFinance360 on JioFinance app today

Jio Finance Platform and Service Limited introduced JioFinance+ and JioFinance360, offering value-back rewards and a comprehensive financial health dashboard for users.

10 Sep 2026
TL;DR

CTO Sandhya Arun says Wipro AI matches 20,000, staff redeployed

Wipro's AI initiatives have achieved productivity equivalent to 20,000 employees, with no layoffs as staff are redeployed internally and over 100,000 trained in advanced AI skills.

10 Sep 2026
TL;DR

Vy Capital joins $3B round for The Boring Company

Dubai-based Vy Capital, a discreet investor with over $40 billion in Musk ventures, joins Boring Co.'s $3 billion Series D round alongside UAE royal-linked entities.

10 Sep 2026
TL;DR

UBS India: IT firms to seek M&A for AI skills

Indian IT firms are likely to increase mergers and acquisitions as enterprise AI projects transition from pilot phases to full-scale production.

10 Sep 2026
TL;DR

NSE cuts IPO valuation to $47bn amid investor regulatory concerns

Global investors have urged NSE to lower its $55 billion IPO valuation, citing concerns over regulatory scrutiny and sustainability of growth in derivatives trading.

10 Sep 2026
TL;DR

Vivek Aggarwal urges fintech to invest against AI crypto misuse

FATF vice-president Vivek Aggarwal emphasized at GFF 2026 the need for increased fintech investments to counter AI and other emerging technological threats.

10 Sep 2026
TL;DR

Karamtara Engineering IPO oversubscribed 2.75 times, GMP suggests ₹321

Karamtara Engineering's ₹875 crore IPO has been subscribed 2.75 times, with a grey market premium of ₹67 indicating a potential 26% listing gain over the upper price band of ₹254.

10 Sep 2026
TL;DR

Global Fintech Fest 2026: Nandan Nilekani urges tokenization for millions

Nandan Nilekani emphasizes scaling tokenisation to serve millions, while highlighting AI's role in reshaping work and fostering entrepreneurship-driven job creation.

10 Sep 2026
TL;DR

Federal Bank, Paisabazaar launch Paisaback card with 7.5% grocery cashback

Federal Bank and Paisabazaar have introduced a co-branded RuPay credit card offering 7.5% cashback on eligible grocery purchases, with an overall monthly cashback cap of ₹1,000.

10 Sep 2026
TL;DR

PayU launches Agent HQ to bring AI to Indian SMBs

PayU introduced Agent HQ, an AI-powered platform enabling Indian SMBs to streamline operations and enhance product discoverability, unveiled during the Global Fintech Fest 2026.

10 Sep 2026
TL;DR

Nandan Nilekani pitches 'Finternet' to tokenize farm assets in Mumbai

Nandan Nilekani envisions a population-scale Finternet, leveraging tokenisation and AI to transform real-world assets like cows and crops into digital financial tools.

10 Sep 2026
TL;DR

Indian Sensex and Nifty end losing streak after late buying

Indian equity indices ended higher on September 10, with Nifty closing above 23,400 and Sensex gaining 138 points amid rangebound trade driven by late-session buying.

10 Sep 2026
TL;DR

Uranium prices near $90 as Google, Fortum back Loviisa extension

Uranium prices have soared to their highest levels in years, fueled by rising energy demands from data centers and a global shift toward nuclear power for energy security.

10 Sep 2026
TL;DR

Bitcoin falls to $77,986.36 amid broader crypto market weakness

Bitcoin hovers around $78,000 after a 2% drop in 24 hours, while memecoins and small-cap tokens lead broader declines across the cryptocurrency market.

10 Sep 2026
TL;DR

Indian markets rebound as Sensex ends at 74,902.59 amid volatility

The Sensex surged 138 points to close at 74,902.59 after a volatile session, while Nifty ended above 23,450 as gains in banking and power stocks offset sectoral weaknesses.

10 Sep 2026
TL;DR

Sonaselection India launches IPO at ₹94-₹99 aiming to raise ₹141.6cr

Sonaselection India Ltd has set a price band of ₹94-99 per share for its ₹141.6-crore IPO, opening on September 17 and closing on September 21.

10 Sep 2026
TL;DR

Mastercard, City Union Bank launch One Credential in India

Mastercard and City Union Bank have launched a pilot in India for One Credential, enabling users to link multiple payment accounts to a single tokenised credential.

10 Sep 2026
TL;DR

BharatPe unveils 'BharatPe Flex' UPI credit at Global Fintech Fest

BharatPe introduced BharatPe Flex at Global Fintech Fest 2026, enabling users to access credit up to ₹60,000 for seamless UPI merchant payments with flexible repayment options.

10 Sep 2026
TL;DR

Markets cautious as Bitcoin nears $78,300 ahead of US inflation

Bitcoin remains steady near $78,000 as traders navigate heightened geopolitical tensions and await key US inflation data, influencing Federal Reserve rate hike expectations.

10 Sep 2026
TL;DR

Bank of Maharashtra, ScoreMe Solutions team up for AI lending

Bank of Maharashtra partners with ScoreMe to enhance digital lending, deploying AI and ML for MSME underwriting, customer lifecycle management, and omnichannel loan journeys.

10 Sep 2026
TL;DR

European shares make small comeback as markets await ECB, Lagarde

European shares inched higher after a sharp drop, as investors awaited the ECB's expected rate hike and President Lagarde's insights on inflation amid surging oil prices.

10 Sep 2026
OpenAI

OpenAI appoints AI risk researcher amid criticism over safety protocols

OpenAI has announced the appointment of Paul Christiano, a prominent AI researcher known for his concerns about the potential dangers of artificial intelligence (AI), to OpenAI Foundation board.

10 Sep 2026
TL;DR

RBI extends merchant re-KYC deadline to March 15, 2027

The Reserve Bank of India has granted payment aggregators a six-month extension from the September 15 deadline to complete merchants' re-KYC, Pine Labs revealed at GFF 2026.

UPI in US? Zelle bridge could ease payments for NRIs

Bank of America (BofA) is working on a pilot project to connect Zelle, a US-based digital payment platform, with India's Unified Payments Interface (UPI).

10 Sep 2026
TL;DR

Nandan Nilekani urges small businesses lead job creation amid AI

Nandan Nilekani, at Global Fintech Fest 2026, highlighted that fostering millions of small businesses is crucial for job creation and safeguarding roles from AI automation.

10 Sep 2026
TL;DR

Nandan Nilekani unveils 3 tokenization pilots to ease crypto concerns

At Global Fintech Fest 2026, Nandan Nilekani introduced three innovative tokenisation pilots, showcasing applications in dairy, warehouse receipts, and asset securitisation.

10 Sep 2026
TL;DR

Theater, homegrown fashion brand, raises 75cr Series A, valued 410cr

Theater, a fast-growing fashion brand, secured ₹75 crore in a Series A round led by Niveshaay, valuing the company at ₹410 crore post-money.

10 Sep 2026
TL;DR

Adani Airport Holdings raises ₹9,825cr to fund Indian airport upgrades

Adani Airport Holdings raises ₹9,825 crore from Alpha Wave Global, Premji Invest, Temasek, and BlackRock at an $18 billion valuation to fund expansion and modernization.

10 Sep 2026
TL;DR

Perfios CEO at Global Fintech Fest 2026 urges human oversight

The BFSI sector remains conservative in adopting complete automation, with Perfios Group CEO emphasizing the enduring need for human oversight despite technological advancements.

10 Sep 2026
TL;DR

Motilal Oswal maintains buy rating on Coforge, sets ₹2,200 target

Motilal Oswal maintains a BUY rating on Coforge, valuing it at 29x FY28E EPS with a target price of Rs 2,200, indicating a potential upside of 19%.

10 Sep 2026
TL;DR

Hindustan Unilever repositions Horlicks aiming at ₹7,000cr mainstream protein market

Hindustan Unilever (HUL) is repositioning Horlicks as a lifestyle nutrition brand, entering the ₹7,000-crore protein market to cater to diverse consumer needs.

10 Sep 2026
TL;DR

SBI receives $10.9 billion forex boost but MCLR remains locked

Despite a $136 billion forex deposit surge, SBI Chairman CS Setty states that lending rates are unlikely to drop soon due to limited scope for reducing MCLR.

10 Sep 2026
TL;DR

ECB expected to raise euro zone rates to 2.50% Thursday

The European Central Bank is expected to raise interest rates to 2.50% as soaring energy prices, driven by the Iran war, heighten inflation fears across the euro zone.

10 Sep 2026
TL;DR

SBI to deploy $127.23bn RBI USD-INR swap liquidity for lending

State Bank of India projects a 3-4 month timeline for deploying FCNR liquidity while advancing agentic AI adoption to enhance efficiency, personalization, and risk management.

10 Sep 2026
TL;DR

India's UPI to link with Zelle to simplify US remittances

India's UPI may soon integrate with the US's Zelle, simplifying cross-border transactions for NRIs and professionals, as Bank of America pilots this groundbreaking initiative.

10 Sep 2026
Mutual Funds

SIP investments hit record ₹32,297cr in August

Mutual fund Systematic Investment Plan (SIP) inflows have hit a new high of ₹32,297 crore in August 2026.

10 Sep 2026
TL;DR

MSD opens 250,000-square-foot Hitec City tech center for global health

MSD has launched a 2.5 lakh sq ft technology centre in Hyderabad, enhancing its global digital, AI, and engineering capabilities to support healthcare innovation.

10 Sep 2026
TL;DR

BIS general manager warns AI complicates measuring growth and rates

AI-driven changes are increasing uncertainty in estimating key economic variables like potential output and natural interest rates, says BIS chief Pablo Hernández de Cos.

10 Sep 2026
TL;DR

Edelweiss Mutual Fund launches Altiva Equity Long-Short Fund, ₹10L minimum

Edelweiss Mutual Fund’s Altiva SIF has introduced the Altiva Equity Long-Short Fund, an open-ended strategy targeting long-term capital growth through equity investments.

10 Sep 2026
TL;DR

Irina Ghose says AI helps firms solve complex problems

Frontier AI models, like Claude, excel in addressing complex, unexplored problems, unlocking significant value in sectors such as healthcare and banking, says Anthropic India MD.

10 Sep 2026
Elon Musk

Musk's tunnel-digging venture secures major funding at $23B valuation

Elon Musk's tunnel construction venture, The Boring Company, has secured $3 billion in a fresh funding round. The investment values the company at an impressive $23 billion.

10 Sep 2026
TL;DR

India's BRICS trade gap triples to $226.1bn in fiscal 2026

India's trade with BRICS nations surged to $417.5 billion in FY2026, but imports outpaced exports, tripling the trade deficit to $226.1 billion compared to FY2021 levels.

10 Sep 2026
TL;DR

Sony Pictures Networks India appoints Amit Mehta as CHRO

Amit Mehta has been named Chief Human Resources Officer at Sony Pictures Networks India, succeeding Manu Wadhwa. He brings extensive experience from upGrad and Hindustan Unilever.

10 Sep 2026
TL;DR

Motilal Oswal keeps Lenskart buy, sets ₹800 price target

Motilal Oswal recommends a BUY rating for Lenskart, citing robust earnings momentum, strong store economics, and significant growth potential with a target price of Rs 800 by FY29.

10 Sep 2026
TL;DR

LCC Projects IPO fully subscribed ₹139-₹146, GMP ₹50 hints 34%

The ₹427 crore LCC Projects IPO has been fully subscribed by the second day, with a Grey Market Premium (GMP) indicating potential listing gains of 30-34%.

10 Sep 2026
NVIDIA

US probes NVIDIA's $20B Groq deal over antitrust concerns

The US Department of Justice (DOJ) is looking into NVIDIA's $20 billion licensing deal with AI chip start-up Groq Inc.

10 Sep 2026
TL;DR

Cochin Shipyard to invest ₹920 cr in Vadinar repair hub

Cochin Shipyard Ltd (CSL) is enhancing its ship repair and building infrastructure with new facilities in Kochi and Vadinar, alongside investments in green energy initiatives.

10 Sep 2026
TL;DR

Stage seeks $25 million to enter 8 languages and fund AI

Stage plans to raise $25 million in Series C funding to expand into eight new language markets and invest in AI-driven content production, targeting 14 markets by 2027.

10 Sep 2026
TL;DR

Qualcomm launches affordable all-in-one payment device for small Indian shops

Qualcomm has unveiled an affordable all-in-one payments device for small merchants, combining POS, dynamic QR codes, and soundbox functionalities.

10 Sep 2026
TL;DR

Mutual fund SIPs record ₹32,297cr in August, 14% YoY

Mutual fund SIP inflows reached a record Rs 32,297 crore in August, marking a marginal month-on-month rise from Rs 31,961 crore in July and a 14% year-on-year increase.

10 Sep 2026
TL;DR

India launches platform linking exporters with US buyers aiming $500B

India launches an online platform to connect exporters with US buyers, aiming to double bilateral trade to $500 billion by 2030 amidst ongoing tariff disputes.

10 Sep 2026
TL;DR

Molbio Diagnostics jumps 20% to ₹1,509.70, nearly 87% above IPO

Molbio Diagnostics shares hit a 20% upper circuit on September 10, soaring 87% from its IPO price of ₹807, driven by robust Q1 FY27 performance and rising Truenat test-kit demand.

10 Sep 2026
TL;DR

Mutual fund equity inflows hit ₹29,328.62 cr in August

Equity mutual fund inflows surged 19% to Rs 29,329 crore in August, recovering from July's dip, while debt funds saw a sharp reversal with Rs 8,127 crore outflows.

10 Sep 2026
TL;DR

Reeju Datta warns AI could breach India's financial data rules

India’s data-localisation rules may face scrutiny as AI agents transact for consumers, storing card credentials abroad, Cashfree cofounder Reeju Datta highlighted.

10 Sep 2026
TL;DR

Yotta Data Services plans more than $12B NVIDIA GPU investment

Yotta Data Services will install 40,000 NVIDIA Vera Rubin GPUs at its upcoming 120 MW data centre in Greater Noida, contributing to a $12 billion investment across two facilities.

10 Sep 2026
TL;DR

Challa Sreenivasulu Setty urges 'Know Your Agent' for AI

State Bank of India chairman Challa Sreenivasulu Setty emphasized the need for a "Know Your Agent" framework as agentic AI begins executing financial transactions autonomously.

10 Sep 2026
Elon Musk

Michael Dell overtakes Jeff Bezos to become world's 3rd-richest person

Michael Dell, the founder of Dell Technologies, has surpassed Amazon's Jeff Bezos to become the world's third-richest person.

10 Sep 2026
TL;DR

CLSA India says AI cuts IT services prices, slows growth

AI adoption is causing significant pricing deflation in IT services, with large deals seeing 10-15% cuts and some long-term contracts facing reductions of up to 40%, says CLSA.

10 Sep 2026
TL;DR

NVIDIA partners with Australian firms to add up to 2GW

Nvidia aims to double Australia's computing capacity by 2027, collaborating with local firms to develop up to 2 GW of AI-related infrastructure using its DSX platform.

10 Sep 2026
TL;DR

Vedanta Aluminium teams with OpenAI, Microsoft, SAP for AI automation

Vedanta Aluminium partners with V-Spark and global tech leaders to deploy AI-driven solutions, aiming to unlock Rs 2,100 crore value across operations.

10 Sep 2026
TL;DR

The Boring Company raises $3B and reaches $23B valuation

The Boring Company secured $3 billion in funding, led by UAE investors, to expand underground infrastructure projects, including the Dubai Loop and U.S. Loop networks.

10 Sep 2026
TL;DR

Revolut India CEO urges rethink of AI job cuts

Revolut India CEO Paroma Chatterjee emphasizes integrating AI into processes before hiring, advocating for targeted job creation over workforce downsizing in the age of automation.

10 Sep 2026
TL;DR

Louis Vuitton sales plunge in China after suing Molly Tea

A trademark dispute with Chinese tea brand Molly Tea over logo similarities triggered a patriotic backlash, leading to a significant decline in Louis Vuitton's sales in China.

10 Sep 2026
TL;DR

Rentomojo IPO subscriptions hit 1.97x on 1st bidding day

Rentomojo's Rs 1,256 crore IPO was subscribed 1.97X on the first day, with non-institutional investors leading demand at 3.87X subscription. The issue closes on September 11.

10 Sep 2026
TL;DR

Pablo Hernandez de Cos cautions AI could shake global finance

The Bank for International Settlements warns that the rapid rise in AI investments, exceeding $1 trillion by 2026, could create significant financial vulnerabilities globally.

10 Sep 2026
TL;DR

SBI chairman Challa Sreenivasulu Setty urges 100% accurate financial AI

SBI Chairman Challa Sreenivasulu Setty emphasized the need for 100% accuracy, accountability, and unbiased access as banks adopt autonomous AI systems in financial services.

10 Sep 2026
TL;DR

Public sector bank workers plan strikes over paused PLI scheme

Public sector bank employees are striking on September 11, citing unresolved demands like a five-day workweek, despite the government pausing the contentious PLI scheme.

10 Sep 2026
TL;DR

India's government bonds hit as US yields and oil rise

Indian government bonds weakened as surging U.S. Treasury yields and crude prices above $100/barrel stoked inflation concerns, straining finances and souring market sentiment.

10 Sep 2026
TL;DR

HCL Tech drops 1.5% as Citi keeps sell, targets ₹1,110

HCL Technologies shares dropped 1.5% on Thursday after Citi retained its 'sell' rating, citing valuation concerns despite advancements in AI and data-centre opportunities.

10 Sep 2026
TL;DR

Prasol Chemicals IPO oversubscribed with retail portion 1.22 times

Prasol Chemicals' Rs 500-crore IPO was subscribed 1.19 times by September 10, driven by retail investors, while shares traded at a 1% premium in the grey market.

10 Sep 2026
TL;DR

Ola Electric stock jumps 7% to ₹39.50 after dealer rollout

Ola Electric shares jumped 7% to Rs 39.50 on Thursday, driven by value buying after a three-session decline and the launch of dealer-operated stores across key regional markets.

10 Sep 2026
TL;DR

MobiKwik enables buying and sending 6 foreign currencies in-app

MobiKwik now supports six currencies for digital foreign exchange, enabling users to manage overseas travel, education, and remittance needs seamlessly through its app.

10 Sep 2026
TL;DR

Canada hosts 1st investment summit in Toronto with Indian firms

Two Indian firms, including National Investment and Infrastructure Fund Limited, will participate in Canada's inaugural investment summit hosted by PM Mark Carney next week.

10 Sep 2026
Anthropic

Could a researcher's warning derail Anthropic's IPO plans?

Jacob Coxon, former researcher at Anthropic, has issued a dire warning about the potential dangers of artificial intelligence (AI) technology following his departure.

10 Sep 2026
TL;DR

US Department of Justice scrutinizes NVIDIA $20B Groq licensing deal

The Justice Department is investigating whether Nvidia structured its $20 billion licensing deal with AI chip startup Groq to bypass antitrust scrutiny.

10 Sep 2026
TL;DR

Gold gains as dollar softens ahead of US inflation report

Gold prices rose 0.3% on Thursday, supported by a softer US dollar, as investors awaited key inflation data to gauge the Federal Reserve's future interest-rate decisions.

10 Sep 2026
TL;DR

Japan 10-year JGB jumps to 2.93% on oil, BOJ signals

Japanese government bond yields rose Thursday as Middle East tensions drove oil prices above $100, while hawkish Bank of Japan remarks fueled expectations of imminent rate hikes.

10 Sep 2026
TL;DR

Visa, Mastercard, Ant International develop KYA to verify AI agents

AI agents are evolving to autonomously shop and pay for users, prompting Visa, Mastercard, and Ant to develop a framework ensuring their trustworthiness across payment systems.

10 Sep 2026
TL;DR

Insight Partners pours over $1B into India backing AI-led companies

Global investor Insight Partners identifies niche AI opportunities in India after deploying over $1 billion, spotlighting transformative back-office automation.

10 Sep 2026
TL;DR

Indian markets split: Sensex down 22, Nifty up 15

Indian markets opened mixed on Thursday as Sensex dipped slightly and Nifty edged higher. Rising crude oil prices above $100 a barrel pose challenges for energy-sensitive sectors.

10 Sep 2026
TL;DR

India boosts biofuel drive as Brent crude tops $100

India plans to expand biofuel use, including ethanol blending and flex-fuel vehicles, as rising crude prices and supply disruptions from the Iran war threaten its energy security.

10 Sep 2026
TL;DR

UTI Mutual Fund and Multipl launch Investment UPI for spending

Fintech platform Multipl and UTI Mutual Fund have launched "Investment UPI," enabling users to invest spending money in liquid mutual funds and redeem it for payments via UPI.

10 Sep 2026
TL;DR

Retail investors drive Glass Wall Systems IPO 8.22x, targets ₹427.89cr

The Glass Wall Systems IPO has been subscribed over 8 times as of Day 3, with a Grey Market Premium (GMP) indicating a potential 36% listing gain.

10 Sep 2026
Goldman Sachs

Oil prices could hit $120 per barrel amid US-Iran tensions

Oil prices have surged past the $100 per barrel mark as traders weigh the risk of supply disruptions after recent shipping attacks.

10 Sep 2026
TL;DR

Jefferies identifies 6 sectors to drive India industry investment

Jefferies identifies six sectors, including data centres and space, as key drivers of India's industrial growth, backed by policy support and private investments.

10 Sep 2026
TL;DR

Bengaluru startup Swish raises $24 million to expand kitchens across India

Bengaluru-based quick food delivery startup Swish secured $24 million in its Series B round to expand its kitchen network, focusing on both existing and new cities.

10 Sep 2026
TL;DR

RBI's Rohit Jain warns banks on cloud and AI risks

RBI Deputy Governor Rohit Jain cautioned banks against over-reliance on common tech providers, highlighting systemic risks from shared cloud and AI infrastructures.

10 Sep 2026
TL;DR

Union Bank of India returns with $600 million GIFT City bond

Union Bank of India has listed its $600 million US dollar-denominated bond on NSE-IFSC at GIFT City, marking its re-entry into international debt markets after 12 years.

10 Sep 2026
TL;DR

SS Retail opens IPO September 16 to 18 at ₹403-₹424

SS Retail has set the price band for its ₹500 crore IPO at ₹403-424 per share, with subscriptions opening on September 16 and closing on September 18.

10 Sep 2026
TL;DR

Gold $4,461.40 up while silver slips as US inflation nears

Gold prices held firm while silver dipped as investors weighed West Asia tensions, rising oil prices, and upcoming US inflation data influencing Federal Reserve rate expectations.

10 Sep 2026
TL;DR

Amit M Lakhanpal arrested in UAE over ₹113.10cr crypto scam

Amit M Lakhanpal, wanted in a ₹113.10-crore cryptocurrency scam, was arrested in the UAE following an Interpol Red Corner Notice; extradition efforts are underway.

10 Sep 2026
TL;DR

Brent crude tops $100 amid U.S.-Iran Strait of Hormuz tensions

Brent crude remains above $100 per barrel as escalating U.S.-Iran tanker attacks disrupt Persian Gulf oil flows, with global stockpiles dwindling and supply concerns intensifying.

10 Sep 2026
TL;DR

Economic Times HR Excellence Awards 2027 spotlight Indian employee-first leaders

The ET HR Excellence Awards 2027 spotlight leaders championing people-first strategies, driving workplace transformation, and delivering measurable organisational success.

10 Sep 2026
TL;DR

Economic Times adds ET Enterprise SaaS Product of the Year

The Economic Times Product of the Year 2026 spotlights India's thriving enterprise SaaS ecosystem, recognizing transformative B2B software driving global business success.

10 Sep 2026
TL;DR

Axis Bank opened about 400 branches despite 3% staff drop

Axis Bank plans to leverage AI and technology to drive growth while maintaining a steady headcount, as productivity gains and redeployment offset the need for aggressive hiring.

10 Sep 2026
TL;DR

NSE trims IPO to ₹22,500-₹23,500 cr, OFS stake 5.25%

The National Stock Exchange has reduced its IPO size to ₹22,500-23,500 crore in a revised Sebi filing, lowering the offer for sale to 5.25% of paid-up capital.

10 Sep 2026
TL;DR

India's photonics industry expected to reach $10bn by 2031

India's photonics market, currently valued at $2.5 billion, is projected to reach $10 billion by 2031, driven by rising demand from data centers and high-speed electronics.

10 Sep 2026
TL;DR

West Bengal mulls using 18 industrial parks for data centers

West Bengal plans to repurpose land in 18 industrial parks for data centres, aligning with its strategy to capture a share of India's projected data centre growth.

10 Sep 2026
TL;DR

India's 2026 brokerage market favors specialized platforms over low-fee giants

Smaller Indian brokerage platforms are experiencing rapid growth in active users, driven by innovative trading tools and a shift among experienced traders from larger firms.

10 Sep 2026
TL;DR

SEBI seeks to relax market infrastructure institutions director qualification criteria

Sebi has proposed easing eligibility norms for directors of Market Infrastructure Institutions, aiming to address challenges in finding suitable candidates for key positions.

10 Sep 2026
TL;DR

Ola Electric delays 3-wheeler program to March 2027 and 2028

Ola Electric has invested ₹229 crore in developing electric three-wheelers, with launch delays pushing the timeline to 2027-2028, aiming to diversify beyond its scooter business.

10 Sep 2026
TL;DR

Hero Motors IPO ₹79-₹84 Sep16-18 subscription, valuation up to 3,815cr

Hero Motors has set its IPO price band at ₹79-84 per share, with the three-day issue opening on September 16 to raise funds for debt reduction and facility expansion.

10 Sep 2026
TL;DR

AI firms lead fall IPOs as Anthropic may rival $86B

As Anthropic eyes a record-breaking IPO, other AI-focused firms like Nscale and Oura Health are preparing to tap into investor enthusiasm despite market uncertainties.

10 Sep 2026
TL;DR

India's 2026 summer shifts household spending away from groceries

Extreme summer heat in India has shifted FMCG demand, boosting hydration and personal-care products while reducing chocolate and dairy consumption.

10 Sep 2026
TL;DR

Trump administration and Republicans criticize Ford over Chinese tech partnerships

Ford faces criticism from the Trump administration and GOP lawmakers over its partnerships with Chinese firms, including battery technology licensing and manufacturing ventures.

10 Sep 2026
TL;DR

Smartphone brands plan 39,600 temporary hires for 2026 festive season

Smartphone companies are ramping up festive season hiring, with a 34% increase expected in 2026 over 2025, driven by demand for assisted selling and financing-led conversions.

10 Sep 2026
TL;DR

Fortune Hospitality and Infra announce ₹60,000cr AI data center park

Fortune Hospitality and Infra plans to develop a ₹60,000-crore hyperscale AI data centre park in Telangana, creating 1,000 direct and up to 4,000 indirect jobs.

10 Sep 2026
TL;DR

Dell stock hits $538.47 high as AI demand surges

Dell Technologies shares surged to a record $538.47, driven by soaring demand for AI infrastructure and anticipation of its inclusion in the S&P 100 index.

09 Sep 2026
Xiaomi

Why Xiaomi's business in India may face detailed probe

India's Serious Fraud Investigation Office (SFIO) has recommended a detailed probe into Xiaomi's business operations in the country.

NPCI's AiNxt and AtOM platforms are here: How they work

The National Payments Corporation of India (NPCI) has launched two new agentic artificial intelligence (AI) platforms, AiNxt and Agentic Orchestration & Messaging (AtOM), at the Global Fintech Fest 2026 in Mumbai.

09 Sep 2026
Flipkart

Flipkart now testing 'Eat In' food delivery service in Bengaluru

Walmart-backed Flipkart has begun testing its new food delivery service, 'Eat In,' among employees in Bengaluru.

This is the first AI-powered 'lights-out' factory in India

Tata Consultancy Services (TCS) has inaugurated a state-of-the-art "lights-out" factory at its Sahyadri Park campus in Pune.

09 Sep 2026
Indian Government

Why Modi government wants these virtual digital asset platforms removed

The Indian government has ordered the removal of 15 virtual digital asset (VDA) platforms for violating anti-money laundering laws.

09 Sep 2026
National Stock Exchange

NSE to slash IPO price range to ₹1,700-1,785

The National Stock Exchange of India (NSE) is likely to price its long-awaited initial public offering (IPO) at ₹1,700-1,785 per share, according to a Bloomberg report.

09 Sep 2026
Cognizant

Why Indian IT stocks lost ₹55,000cr in today's session

Indian IT stocks witnessed a massive loss of nearly ₹55,000 crore in market capitalization on Wednesday. The fall was led by Infosys and Coforge, which saw a decline of about 6% each.

09 Sep 2026
Federal Reserve

Brent crude hits $100 per barrel as US-Iran tensions escalate

Brent crude oil prices have surged to $100 a barrel for the first time since July 24. The spike comes as fears of supply disruptions from the Middle East region grow amid escalating attacks.

09 Sep 2026
National Stock Exchange

Coforge chairman resigns after internal audit raises concerns

Coforge, a leading Indian IT services provider, witnessed a major fall in its shares today after the resignation of its chairman, Om Prakash Bhatt.

09 Sep 2026
Adani Group

Adani Airports raises $1B from Temasek, BlackRock and others

Adani Enterprises has announced its decision to raise nearly $1 billion (approximately ₹9,825 crore) by selling a stake in its airport unit, Adani Airport Holdings Limited (AAHL).

09 Sep 2026
PhonePe

PhonePe, Visa introduce tap to pay and cross-border QR payments

PhonePe and Visa have launched three new payment features at the Global Fintech Fest 2026.

Coding start-up Cognition AI raises $2B at $48B valuation

Cognition AI, a start-up specializing in artificial intelligence (AI) coding, has raised $2 billion in its Series E funding round.

09 Sep 2026
Singapore Airlines

Singapore Airlines wants more control before fresh Air India funding

Singapore Airlines is looking for more management control and stronger governance rights before it agrees to pump in funds into Air India, as per Reuters.

09 Sep 2026
Meta

Ajit Mohan, Snap's chief business officer, quits

Ajit Mohan, the Chief Business Officer at Snap, has announced his resignation after a four-year stint.

09 Sep 2026
Cognizant

US suspends Cognizant's green-card applications amid visa fraud probe

The United States Department of Labor has suspended Cognizant's Permanent Labor Certification (PERM) filings.

09 Sep 2026
Nifty

Sensex plunges 600 points: What's behind today's decline?

The Indian stock market opened on a bearish note today, with the BSE Sensex and NSE Nifty both witnessing sharp declines.

Rentomojo IPO opens with 33% GMP: Apply or avoid?

Rentomojo, a leading D2C rental and subscription platform in India, has launched its initial public offering (IPO) today.

08 Sep 2026
Chandigarh

Uber, Rapido licenses suspended for 6 months in Chandigarh

The Chandigarh administration has suspended the aggregator licenses of ride-hailing services Uber and Rapido for six months.

08 Sep 2026
Qualcomm

Qualcomm inks $4B custom chip agreement with Amazon

Qualcomm has announced a strategic partnership with Amazon, involving a $4 billion custom chip deal.

08 Sep 2026
Uber

You can't use Uber, Rapido in Chandigarh till March 2027

The State Transport Authority (STA) of Chandigarh has suspended the aggregator licenses of Uber and Rapido for six months.

08 Sep 2026
Cryptocurrency

Hunter Biden to launch cryptocurrency inspired by his controversial laptop

Hunter Biden, the son of former US president Joe Biden, is launching a cryptocurrency inspired by his controversial laptop.

08 Sep 2026
eBay

eBay under fire for delivering gender-prediction kits to India

eBay has launched an internal investigation after it was found that several gender-prediction kits were available for delivery to India, where their use is illegal.

08 Sep 2026
Greece

Hedge fund billionaire Chris Rokos moving from UK to Greece

Chris Rokos, a hedge fund billionaire and founder of Rokos Capital Management, is planning to leave the UK.

08 Sep 2026
Volkswagen

This Volkswagen car plant will now produce defense equipment

Volkswagen has announced plans to convert its Osnabruck car plant in northwestern Germany into a defense production facility.

08 Sep 2026
India

Over 2L companies launched in India in 1 year

India's corporate landscape has witnessed significant growth over the past year, with the addition of over two lakh active companies between June 2025 and June 2026.

08 Sep 2026
Personal Finance

These workers in India can get up to 20% bonus

The Ministry of Labour and Employment has issued two notifications, announcing that employees in India earning up to ₹21,000 a month are eligible for a statutory bonus under the new labor code.

08 Sep 2026
Mukesh Ambani

Reliance to raise ₹12,500cr via bonds

Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is planning to raise up to ₹12,500 crore ($1.3 billion) through local-currency bonds.

08 Sep 2026
Adani Group

Adani, NTPC among bidders for ₹37,500cr coal gasification plan

The Indian government's ₹37,500 crore coal gasification scheme has attracted interest from major players like Adani Enterprises and NTPC.

08 Sep 2026
National Stock Exchange

ESDS shares surge 200% from IPO price in 3 sessions

Cloud and data center player ESDS Software Solution is on an explosive post-listing run. The stock debuted last Friday at a 76% premium and closed day one up 112%, touching an intraday high of ₹908.40.

08 Sep 2026
Sensex

Sensex falls over 500 points: What's behind today's sell-off?

The Indian equity markets continued to face pressure in afternoon trade today, with the benchmark indices extending losses.

08 Sep 2026
Delhi High Court

Delhi-HC to hear ANI's plea against OpenAI on September 14

Asian News International (ANI), a news agency, has filed an appeal in the Delhi High Court against a single-judge order that denied interim relief in its copyright infringement lawsuit against OpenAI.

08 Sep 2026
SpiceJet

SpiceJet did not pay employees for 4 months: Report

SpiceJet, one of India's leading airlines, is facing a major financial crisis.

08 Sep 2026
Ducati

Why Volkswagen may sell superbike maker Ducati

Volkswagen AG is contemplating the sale of motorcycle manufacturer Ducati as part of a major restructuring of its vast portfolio.

08 Sep 2026
Anthropic

Mistral AI raises €3 in Europe's biggest tech funding round

French artificial intelligence (AI) company Mistral has raised €3 billion at a valuation of around €21 billion ($24 billion).

How to correct your job exit date on EPFO portal

When you leave a job, your employer is supposed to update your exit date on the Employees' Provident Fund Organisation (EPFO) portal.

08 Sep 2026
Canada

Canada's retaliatory tariffs on US goods are now in effect

Canada imposed retaliatory tariffs on US goods today after trade negotiations broke down last month.

08 Sep 2026
Anthropic

Anthropic won't acquire AI start-up Decart for $6B anymore

Anthropic, the artificial intelligence (AI) start-up behind the popular Claude chatbot, has decided against acquiring another AI start-up, Decart for around $6 billion.

08 Sep 2026
Samsung India

Samsung lays off around 100 employees in India

Samsung India has asked around 80-100 executives in its television and home appliance divisions to leave, The Economic Times reported.

08 Sep 2026
Iran

Oil prices soar to 6-week highs amid US-Iran tensions

Oil prices have continued their upward trend for the third consecutive day, hitting six-week highs.

Glass Wall Systems IPO opens today with 28% GMP

The initial public offering (IPO) of Glass Wall Systems India, a leading provider of facade solutions, is open for subscription today.

08 Sep 2026
Donald Trump

Copper prices hit all-time high

Copper prices have surged to an all-time high on the London Metal Exchange (LME), following a weeks-long rally.

08 Sep 2026
Iran

Qatar sends first LNG cargo through Hormuz since July

A liquefied natural gas (LNG) tanker from Qatar has successfully navigated through the Strait of Hormuz, marking the first such exit since July.

08 Sep 2026
Aadhaar Card

LPG e-KYC deadline extended to September 14

The deadline for domestic cooking gas consumers to complete Aadhaar-based biometric authentication (e-KYC) of their liquefied petroleum gas (LPG) connections has been extended again. The new deadline is now September 14.

08 Sep 2026
China

China's exports surge 25% in August, trade surplus hits $119B

China's export growth has gained momentum, with a 25% increase in August compared to the same month last year.

07 Sep 2026
LPG Cylinder

Rural residents can now book LPG refills every 25 days

In a major policy change, the Indian government has directed oil marketing companies to allow rural LPG consumers to book cylinder refills every 25 days.

07 Sep 2026
Axis Bank Ltd

Studied or worked abroad? Axis Bank is now hiring

Axis Bank has launched a new hiring initiative called "Arise Homecoming," aimed at attracting globally educated Indian talent looking for job opportunities in India.

07 Sep 2026
Swiggy

Swiggy's new 24x7 helpline helps you complain about food quality

Swiggy has launched a dedicated 24x7 helpline for customers to report any food safety-related concerns.

07 Sep 2026
Gujarat

India's battery sector to generate 20L jobs by FY30

India's battery industry is poised to enter its most capital and employment-intensive phase, with an estimated 15-20 lakh jobs to be created by FY30.

07 Sep 2026
London

TCS launches AI studio in London, plans 5,000 new jobs

Tata Consultancy Services (TCS) has announced the opening of an artificial intelligence (AI)-driven creative engineering studio in London.

07 Sep 2026
Bank of Baroda

NSE IPO to raise ₹30,000cr, valuation could touch ₹5 trillion

The National Stock Exchange (NSE) is gearing up for its initial public offering (IPO), which could raise as much as ₹30,000 crore.

07 Sep 2026
McDonald's

Why McDonald's is ditching Pumpkin Spice Latte

McDonald's has announced that it will not be serving the popular Pumpkin Spice Latte this fall, marking a major shift in its seasonal menu.

07 Sep 2026
Mutual Funds

Should you invest in consumption-focused mutual funds right now?

India's economy is heavily driven by consumption, with the country's GDP growing 7.8% in Q1 FY27, surpassing the RBI's projection of 7%.

07 Sep 2026
China

Why China is infusing around $54B into banks and insurers

China is injecting a massive amount of CNY 360 billion ($53.6 billion) into eight of its state-owned banks and insurance companies.

07 Sep 2026
Morgan Stanley

Sensex could hit 89,000 by June 2027, says Morgan Stanley

Morgan Stanley, a leading Wall Street firm, has projected that the Indian economy is entering a multi-quarter growth phase.