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Business News

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18 Sep 2026
TL;DR

Ammann says Gujarat plant in India can expand for exports

Ammann Group Holdings AG is transforming its Gujarat facility into a global manufacturing hub, aiming to expand exports beyond India, including potentially entering the US market.

18 Sep 2026
TL;DR

Indian markets hold steady after US Federal Reserve rate hike

Indian stock markets ended slightly higher on Thursday, with the Nifty rising 0.2%, as investors absorbed the anticipated US Federal Reserve rate hike.

18 Sep 2026
TL;DR

US stocks rebound Thursday as Dow rises 300 points

US equities rebounded as tech stocks surged, crude oil prices fell due to eased supply concerns, and bond yields cooled following the Fed's rate hike.

18 Sep 2026
TL;DR

Mazama Energy raises $135 million for 10-gigawatt Oregon geothermal

Mazama Energy secured $135 million in a Series B round to advance its geothermal technology, aiming to harness super-hot rock for high-efficiency electricity generation.

18 Sep 2026
TL;DR

Crusoe raises $3.9B at $30.9B valuation to fund OpenAI project

Crusoe has raised $3.9 billion in a Series F round to expand its data center projects, including large sites and modular "AI factories" for rapid deployment.

18 Sep 2026
TL;DR

Micron Technology, Infineon and Tata Electronics accelerate India's semiconductor production

Micron, Tata Electronics, and Infineon have announced plans to expand semiconductor production in India, highlighting significant growth in manufacturing and workforce development.

18 Sep 2026
TL;DR

Amogh Kaloti orders Sir Ratan Tata Trust board meeting pause

Amogh Kaloti, Maharashtra's charity commissioner, is pivotal in the high-profile Tata corporate battle, overseeing crucial trust-related legal proceedings.

18 Sep 2026
TL;DR

So Delicious Dairy Free recalls Salted Caramel pints for stones

So Delicious Dairy Free has recalled its Salted Caramel Cluster Non-Dairy Frozen Dessert pints due to potential contamination with small stones and other foreign materials.

18 Sep 2026
TL;DR

India plans rules to ensure digital gold backed by bullion

The government is considering requiring digital gold to be backed by physical bullion and placing it under the joint oversight of the Reserve Bank of India and Sebi.

18 Sep 2026
TL;DR

Palantir CEO Alex Karp says OpenAI and Anthropic seek nationalization

Palantir CEO Alex Karp argues that the AI apocalypse narrative is a strategy by companies like Anthropic and OpenAI to seek government liability protection.

17 Sep 2026
Diwali

Diwali orders from GCC countries push India's food exports higher

India's food exporters are witnessing a major surge in overseas orders, particularly ahead of the Diwali festival.

Insurance premiums won't get costlier despite new UPI fees

The National Payments Corporation of India (NPCI) has announced a 0.4% merchant discount rate (MDR) on select high-value person-to-merchant UPI transactions, with a cap of ₹300 per transaction.

TCS launches custom chip design services

Tata Consultancy Services (TCS) has launched its Custom System-on-Chip (SoC) Design Services.

17 Sep 2026
N Chandrasekaran

Tata Sons board approves public listing proposal

Tata Sons' board has approved a proposal for the company's public listing.

17 Sep 2026
Apple

Tim Cook, Sam Altman to attend Trump-Xi Jinping state dinner

Tim Cook, the Executive Chairman of Apple Inc. and Sam Altman, the CEO of OpenAI, will attend a state dinner hosted by US President Donald Trump for Chinese President Xi Jinping next week, according to Bloomberg.

17 Sep 2026
Inflation

How Fed's rate hike could trigger foreign investor exodus

The US Federal Reserve has raised its benchmark interest rate by 25 basis points, marking the first hike since 2023.

17 Sep 2026
Bengaluru

Applied Materials to invest $5B in India by 2035

US-based semiconductor equipment maker Applied Materials has announced plans to invest $5 billion in India by 2035.

17 Sep 2026
Saudi Arabia

Saudi Aramco has halted crude supplies to India, report says

Saudi Aramco has halted the supply of crude oil to Indian refiners until further notice, The Economic Times reported.

17 Sep 2026
N Chandrasekaran

Tata Sons reappoints N Chandrasekaran as chairman for 5 years

Tata Sons, the holding company for Tata Group, has reappointed N Chandrasekaran as its executive chairman for another five-year term.

17 Sep 2026
Bengaluru

Applied Materials to invest $5B in India over next decade

US-based chip equipment giant Applied Materials has announced a massive $5 billion investment in India over the next decade.

17 Sep 2026
Adani Group

Sweden's EQT Group to invest $50B in India by 2030

Swedish private equity firm EQT Group has announced plans to invest $50 billion in India by 2030.

17 Sep 2026
Apple

Judge asks Musk's companies to reveal Apple settlement agreements

A federal judge has asked Elon Musk's companies, X Corp and SpaceXAI, to explain their decision to drop antitrust claims against Apple.

17 Sep 2026
Elon Musk

Musk's long-time backer transfers $8.5B SpaceX stake to investors

Valor Equity Partners, a venture capital firm founded by Antonio Gracias, a long-time Elon Musk backer and current board member at SpaceX, has decided to distribute a portion of its SpaceX stock among its limited partner investors.

17 Sep 2026
China

AI start-up Manus seeks $4B valuation after Meta split

Chinese-founded artificial intelligence (AI) start-up Manus is looking to double its valuation to $4 billion.

NSE IPO opens as GMP plunges 43%: Apply or avoid?

The National Stock Exchange of India (NSE) has launched its long-awaited initial public offering (IPO) today.

17 Sep 2026
Donald Trump

US House passes bill allowing 100% tariffs on India

The US House of Representatives has passed a bill allowing President Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas.

17 Sep 2026
Inflation

US raises interest rate for first time in 3 years

The US Federal Reserve has raised its key interest rate by 25 basis points, the first hike in over three years.

17 Sep 2026
Indian Government

Centre reduces windfall tax on petrol, diesel, ATF exports

The Indian government has reduced the windfall tax on petrol exports from ₹1.5 to ₹0.5 per liter for the next fortnight, starting September 16.

16 Sep 2026
Indian Government

Cab aggregators can't demand tips before booking rides in India

The Indian government has ordered cab aggregators to stop the practice of advance tipping before booking a ride.

16 Sep 2026
Delhi

Home prices in NCR up 193% in a decade

The National Capital Region (NCR) has witnessed a staggering 193% increase in home prices over the past decade, according to a new report by industry body ASSOCHAM and Knight Frank Research.

16 Sep 2026
European Union

How EU plans to cut trade deficit with China

European Commission President Ursula von der Leyen has vowed to use all possible means to tackle the "unsustainable" trade deficit with China.

16 Sep 2026
World Bank

Nobel laureate Michael Kremer becomes World Bank's chief economist

The World Bank has appointed Nobel laureate Michael Kremer as its new chief economist.

16 Sep 2026
Amazon

How did restricted Pakistan-made 'Goree,' 'Chandni' creams enter Indian market

The Central Drugs Standard Control Organisation (CDSCO) has issued a public health warning against two Pakistani cosmetic products, Goree Beauty Cream and Chandni Whitening Cream.

16 Sep 2026
Inflation

RBI may raise repo rate by 50bps this year: JPMorgan

JPMorgan has predicted that the Reserve Bank of India (RBI) could raise interest rates by a total of 50 basis points (bps) by December.

Indians earning up to ₹25,000/month can now get PF benefits

The Union Cabinet has approved a significant hike in the wage ceiling for Employees' Provident Fund Organisation (EPFO) subscribers.

16 Sep 2026
Flipkart

Flipkart's Big Billion Days sale starts October 9: Check deals

Flipkart has announced the dates for its highly-anticipated Big Billion Days sale 2026.

16 Sep 2026
Canada

India-Canada trade deal negotiations might be done by 2026-end

India and Canada are in the final stages of negotiating a Comprehensive Economic Partnership Agreement (CEPA), with hopes to conclude it by the end of this year.

NSE IPO: Selling shareholders eye ₹16,500cr profit

The selling shareholders of the National Stock Exchange (NSE) are poised to make huge profits from its much-anticipated initial public offering (IPO).

16 Sep 2026
Reserve Bank Of India (RBI)

Why Tata stocks fell up to 7% today

Tata Group stocks witnessed a major fall today, with losses of as much as 7%.

16 Sep 2026
China

TikTok founder becomes Asia's richest, overtaking Gautam Adani

Zhang Yiming, the founder of ByteDance, has surpassed Indian billionaire Gautam Adani to become Asia's richest person.

Nithin Kamath says UPI MDR could raise costs for brokers

Zerodha co-founder Nithin Kamath has raised concerns over the proposed Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions.

16 Sep 2026
NASDAQ

OpenAI seeks fresh funding at $1.2T valuation

OpenAI, the artificial intelligence (AI) company behind ChatGPT, is in early-stage talks for a new funding round.

16 Sep 2026
New Zealand

New Zealand ratifies landmark free trade deal with India

New Zealand's parliament has approved a landmark free trade agreement with India.

16 Sep 2026
Stock Market

ATM-related shares up by 5% today: What's the reason?

Shares of cash management companies Radiant Cash Management and CMS Info Systems surged up to 5.4% and 5%, respectively, today.

Just 17% merchants willing to bear 0.4% UPI charges: Survey

A survey conducted by LocalCircles has revealed that only 17% of merchants are willing to bear a Merchant Discount Rate (MDR) of 0.4% on Unified Payments Interface (UPI) transactions over ₹2,000.

Jindal Supreme IPO fully subscribed in 30 minutes

The Initial Public Offering (IPO) of Jindal Supreme has been fully subscribed within just 30 minutes of its opening on the first day.

16 Sep 2026
Goldman Sachs

Paytm, MobiKwik rally as UPI fees open new revenue stream

Shares of One97 Communications (Paytm's parent company), CMS Info Systems, One Mobikwik, Yes Bank, and others have surged in trade today.

16 Sep 2026
Donald Trump

US advances bill that could hit India with 100% tariffs

The United States House of Representatives has advanced a Russia sanctions bill that could impose tariffs as high as 100% on Indian goods.

UPI MDR: Who gets what from new merchant fees?

The National Payments Corporation of India (NPCI) has released a circular detailing the distribution of the new merchant discount rate (MDR) for Unified Payments Interface (UPI) transactions.

15 Sep 2026
India

India-New Zealand FTA might come into effect from October 19

The India-New Zealand Free Trade Agreement (FTA), signed on April 27, is expected to come into effect from October 19, as per PTI.

15 Sep 2026
Supreme Court Of India

CBI probe against former NSE chief Chitra Ramakrishna to continue

The Supreme Court of India has refused to interfere with the Delhi High Court's decision, which held that the National Stock Exchange serves a public purpose and its officers perform public duties.

UPI payments above ₹2,000 to attract fees starting October 15

The National Payments Corporation of India (NPCI) has announced that a merchant discount rate (MDR) will be applicable on select person-to-merchant (P2M) unified payments interface (UPI) transactions from October 15.

15 Sep 2026
Income Tax Return

Advance tax deadline is today: Key things to know

The deadline for advance tax filing is today. Taxpayers whose estimated tax liability after TDS/TCS exceeds ₹10,000 are required to pay this installment.