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National Stock Exchange of India unveils ₹22,561.57cr IPO, 2nd largest
The National Stock Exchange of India’s IPO ranks as the second-largest in Indian history, raising Rs 22,561.57 crore with participation from 189 anchor investors.
Sanjay Nayar buys Kamal Mahal apartment on Carmichael Road ₹90cr
Sanjay Nayar, founder of Sorin Investments and ex-CEO of KKR India, has acquired a luxury apartment on Carmichael Road in South Mumbai for ₹90 crore.
Indian government bonds gain as oil falls after Fed hike
Indian government bonds rebounded on Thursday as falling oil prices eased concerns over a potential Reserve Bank of India rate hike following the Federal Reserve's recent increase.
World Bank secures $112 billion from private investors for development
The World Bank mobilised $112 billion in private capital for developing countries last financial year, reflecting a strategic shift due to donor funding limitations.
Tata Electronics targets $30B 5-year revenue with Dholera, Assam OSAT
Tata Electronics aims to achieve $30 billion in revenue within five years, driven by its semiconductor projects and expanding global partnerships, according to CEO Randhir Thakur.
Saudi Arabia partially restores East-West pipeline and Brent crude falls
Oil prices continued to decline as supply disruptions in the Middle East eased, with Saudi Arabia partially restoring its key East-West pipeline.
US stock futures climb after Fed 0.25% point hike
US stock futures rose on Thursday, with Dow futures climbing around 300 points, as investors reacted positively to the Federal Reserve's recent interest rate hike.
IndiGo raises infant travel fee to ₹3,000 for infants
IndiGo has raised fees for infants, excess baggage, unaccompanied minors, and priority services on domestic flights, impacting passengers with higher costs across various services.
Tata Sons reappoints N Chandrasekaran, Noel Tata calls it illegal
Noel Tata, Chairman of Tata Trusts, called the re-appointment of N Chandrasekaran as executive chairman "illegal," emphasizing the need to respect prior decisions and processes.
Gaurav Gogoi and Manish Tewari deny backing 0.4% MDR proposal
The government dismissed claims of pressure behind the Merchant Discount Rate decision and labeled GST on UPI as a false rumor.
Karnataka brings Mangaluru Technovanza 2026 September 22-23 to promote tech
Mangaluru will host the sixth edition of 'Mangaluru Technovanza 2026' on September 22-23, bringing together over 600 delegates and key stakeholders in the digital economy.
Tata Sons board split as Chandrasekaran casts tie-breaking vote
A stalemate on the Tata Sons board allowed Chairman N. Chandrasekaran to cast a decisive vote for his own reappointment, sparking potential legal challenges.
TCS launches custom chip design services
Tata Consultancy Services (TCS) has launched its Custom System-on-Chip (SoC) Design Services.
India supplies 20% of global chip design and VLSI workforce
India contributes 20% to the global chip design workforce, with over 85,000 semiconductor skill sets developed as universities and start-ups enhance capabilities.
Delhi HC seeks personal hearing on ₹4,500cr AWS reassessment
The Delhi High Court has set aside a tax department order to reassess Amazon Web Services' ₹4,500 crore remittances, directing a fresh examination by the assessing officer.
Tata Trusts challenges reappointment of N Chandrasekaran at Tata Sons
Tata Trusts declared the reappointment of N. Chandrasekaran as Tata Sons Chairman illegal, despite the board's approval, citing his decision not to seek another term.
India to use municipal bonds for $900B upgrades through 2031
India aims to develop its urban infrastructure by 2031, requiring up to $900 billion, prompting SEBI to encourage municipal bond issuances for funding.
German court orders Meta remove fake investment ads, pay damages
A German court has ruled that Meta is liable for fake ads on Instagram and Facebook, ordering the company to remove such content and pay damages.
UPI QR codes simplify credit card bills, says Amresh Acharya
Paying credit card bills via UPI does not incur a blanket Merchant Discount Rate (MDR), as these transactions are processed through the Bharat Bill Payment System (BBPS).
Noel Tata opposes N Chandrasekaran's reappointment as Tata Sons chairman
Noel Tata opposes N Chandrasekaran’s reappointment as Tata Sons chairman, arguing that his decision to step down was accepted by shareholders and cannot be reversed.
India's Semicon 2.0 secures $11 to $12B and ₹1.27L/cr backing
The Indian government has secured $11-12 billion in investment commitments under Semicon 2.0, focusing on expanding the semiconductor supply chain.
Tata Sons board approves public listing proposal
Tata Sons' board has approved a proposal for the company's public listing.
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.
NX Group to build India logistics hubs for semiconductor exports
Japanese logistics giant NX Group is enhancing its semiconductor logistics strategy in India, aiming to establish the country as a key export hub for the Middle East and Africa.
India's AI enablers up 60% as Nifty falls 12%
India's stock market decline in 2026 conceals a 60% surge in Goldman Sachs' basket of 42 "AI Enabler" stocks, challenging perceptions of India's limited AI exposure.
Noel Tata confirms Tata Sons chairman will step down
Noel Tata confirmed that the Tata Sons chairman's decision to step down has been accepted by the Tata Trusts, marking a definitive move towards initiating the succession process.
Oil India seeks $300 million dividend held in SBI Moscow
Oil India is seeking solutions to repatriate a $300 million dividend stranded in Moscow due to Western sanctions, with funds held in the State Bank of India's Moscow branch.
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.
NSE enables India's 1st tokenized corporate bonds, raises ₹1,000 cr
The National Stock Exchange of India (NSE) has launched India's first tokenised corporate bond issuances, raising Rs 1,000 crore through REC Limited and Larsen & Toubro.
HCLTech launches HCLTech Pulse to scale AI for $500 million-$5B firms
HCLTech has launched HCLTech Pulse to assist mid-market enterprises in scaling AI and modernizing technology infrastructure, following a similar strategy by rival Accenture.
Renesas Electronics opens Pune office highlighting central India's strategic role
Japanese chipmaker Renesas is enhancing its global product development by expanding its automotive footprint in India, opening a new office in Pune and deepening R&D capabilities.
Tata Group shares rise as N Chandrasekaran gets 5-year extension
Shares of major Tata group companies rose after reports confirmed a fresh five-year term for N. Chandrasekaran as executive chairman, boosting investor confidence.
India's gold jewelers urge government to scrap MDR on UPI
The gold jewellery sector is urging authorities to exempt high-value UPI transactions from merchant discount rates, citing financial strain on small and medium enterprises.
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.
SpaceXAI and X Corp drop Apple antitrust suit, settlement undisclosed
SpaceXAI and X Corp. have unexpectedly dropped their antitrust lawsuit against Apple, prompting a judge to request disclosure of any agreements related to the case's resolution.
European stocks up after US hike, Bank of England eyed
European shares advanced on Thursday, buoyed by falling crude oil prices and stabilizing bond markets, as investors anticipated the Bank of England's interest-rate decision.
Rentomojo IPO at ₹404 per share boosts early backers' returns
Rentomojo's IPO has delivered substantial returns, with Nitish Mittersain achieving a 152X return and other early investors also seeing significant gains.
Oriflame targets India revenue share of 25% by 2030
Sweden's Oriflame aims for India to become its largest market and a global manufacturing hub, driven by economic growth and increased female workforce participation.
Fatih Birol says electricity remains investment priority amid AI fears
The IEA's chief emphasizes that electrification is crucial despite challenges, as electricity demand grows rapidly and capital markets continue to support the transition.
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.
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.
October 15 2026 merchants to pay UPI fee over ₹2,000
India's new UPI transaction fees could generate an annual revenue pool of ₹270 billion by fiscal 2028, with banks like SBI, Axis Bank, and Yes Bank poised to benefit significantly.
India's August 2026 coal imports reach 5.52 million metric tons
In August, India's power producers increased coal imports to a 15-month high due to soaring electricity demand from a heatwave and reduced hydropower generation.
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.
RBI sells ₹50,000 cr government bonds 1st time since 2017
The Reserve Bank of India has conducted its first net open market debt sale since 2017, withdrawing $5.2 billion by selling bonds maturing between fiscal 2029 and 2032.
India powers up 5 semiconductor units ahead of ISM 2.0
India now has five operational semiconductor units, marking a key milestone, as ISM 2.0 aims to expand the domestic chip ecosystem, says MeitY Secretary S Krishnan.
Tata Consultancy Services launches SoC design service for software-driven vehicles
Tata Consultancy Services has introduced custom System-on-Chip design services to aid automotive manufacturers and semiconductor ecosystem players.
SEBI rethinks 0.02% UPI MDR for stock market trades
SEBI Chairman Tuhin Kanta Pandey announced that the regulator will review concerns from stockbrokers and mutual funds regarding the new Merchant Discount Rate on UPI transactions.
Insurance payments face flat ₹5 fee despite UPI 0.4% MDR
Insurance premiums are exempt from the standard 0.4% MDR on UPI transactions, with a flat Rs 5 fee instead, reducing processing costs for high-value recurring payments.
Aakrit Vaish says Activate's ₹1000cr AI fund oversubscribed to $105 million
Early-stage deal activity in artificial intelligence is at an all-time high, according to Aakrit Vaish, founder of AI-focused venture capital firm Activate.
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.
SP Group seeks sale of 2-3% stake in Tata Sons
Noel Tata presented a proposal from the SP Group to the Tata Sons board, offering to sell 2-3% of its stake for ₹25,000 crore.
Brookfield to invest up to $600 million in ACME Cleantech Ventures
Brookfield will invest up to $600 million in ACME Cleantech Ventures to develop green ammonia and methanol projects in India and Oman, marking its entry into low-carbon fuels.
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.
Bank of England to keep rate at 3.75% despite inflation
The Bank of England is expected to hold its 3.75% benchmark rate despite UK inflation reaching 3.1% in August, driven by higher fuel costs linked to the Iran conflict.
Steamhouse India shifts to waste-based steam as shares climb 17%
Steamhouse India shifts focus to waste-based steam production, aiming to boost margins above 20% as it phases out its lower-margin coal trading business.
Next raises yearly profit forecast to £1.26bn after sales surge
Next has raised its profit forecasts for the fourth time this year, attributing the increase to unexpected sales boosts from warmer weather and effective marketing strategies.
Dr. Reddy's Laboratories and Gilead Sciences supply lenacapavir royalty free
Dr. Reddy’s Laboratories has signed a royalty-free licensing agreement with Gilead Sciences for investigational once-yearly lenacapavir as HIV PrEP.
Infineon to expand semiconductor role in India, Jochen Hanebeck says
Infineon CEO Jochen Hanebeck highlights India's expanding semiconductor ecosystem, focusing on opportunities in power infrastructure and AI data centres as key growth areas.
ASML teams with Tata Electronics for India's 1st 300mm fab
ASML is evaluating India's industrial capabilities to integrate them into the semiconductor supply chain as it supports Tata Electronics' new 300mm fab in Gujarat.
Infineon CEO Jochen Hanebeck says India becoming key semiconductor player
Infineon Technologies CEO Jochen Hanebeck emphasizes India's crucial role in the semiconductor market, with a 28% workforce expansion reflecting growing confidence in the region.
Narendra Modi kicks off Semicon India 2026 in New Delhi
Prime Minister Narendra Modi inaugurated Semicon India 2026, highlighting India's rapid semiconductor ecosystem expansion and celebrating a 7.8% GDP growth.
China and Hong Kong markets slip after Federal Reserve hike
China and Hong Kong stocks fell as the U.S. Federal Reserve raised interest rates by 25 basis points, signaling potential further hikes this year.
OpenAI asks US court to disclose X Corp's Apple agreement
OpenAI has requested a US court to disclose the settlement details between Elon Musk’s X Corp and Apple, arguing it could impact ongoing antitrust claims against the AI company.
Narendra Modi launches commercial chip production at Mohali and Gujarat
Prime Minister Narendra Modi announced the commencement of commercial chip production by CDIL and Suchi Semicon, marking India's entry into the global semiconductor market.
American financial firm fires 80 customer service staff in India
A US financial firm terminated its entire Indian customer support team of 80 employees during a brief five-minute Google Meet call, sparking outrage and debate online.
Applied Materials to invest $5B in India and develop products
Applied Materials plans to invest $5 billion in India by 2035, focusing on a semiconductor research park in Bengaluru and expanding its R&D workforce and supplier network.
Turtlemint stock rises 7% after Motilal Oswal buy rating
Turtlemint shares rose up to 7% after Motilal Oswal initiated coverage with a buy rating, setting a target price of Rs 180, indicating a potential upside of nearly 41%.
Micron plans Sanand chip production to reach hundreds of millions
Micron Technology plans to increase its Sanand facility's chip production from tens of millions in 2026 to hundreds of millions by 2027, according to CEO Sanjay Mehrotra.
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.
India announces Semicon India 2.0 with $5 billion investment
Semicon India 2.0 aims to foster 200 chip design startups and train one lakh technicians, Union Minister Ashwini Vaishnaw announced at Semicon India 2026.
Novio by Credilio and Indian Overseas Bank launch RuPay card
novio and Indian Overseas Bank have introduced a co-branded RuPay credit card, aiming to expand formal credit access for UPI-active customers and first-time credit users.
Amazon previews discounts before Prime Big Deals Days October 6
Discover incredible savings at Amazon's outlet, with discounts up to 80% on fall essentials like floral tops, Mary Jane shoes, and more, starting as low as $6.
JGB 2-year yield 1.865% on Fed stance and BOJ bets
Short-term Japanese government bond yields surged to their highest in over 30 years as investors anticipate a Bank of Japan rate hike following the U.S. Fed's policy tightening.
NSE IPO opens as New India Assurance and IFCI gain
NIACL and IFCI shares rose up to 9% as the National Stock Exchange of India Ltd (NSE) IPO opened for public subscription, attracting significant investor interest.
Sensex falls 94.43 points and Nifty barely changes amid worries
Sensex fell 350 points from the day's high, while Nifty hovered near 23,200 due to factors like a Fed rate hike, profit booking, and a crowded IPO market.
Tamil Nadu Chief Minister Vijay secures ₹15,300cr investment in London
Tamil Nadu Chief Minister Vijay's UK visit resulted in Rs 15,300 crore in new investment commitments, enhancing the state's industrial growth and job creation prospects.
Icelandic treble raises $18 million, bringing total funding above $40 million
Iceland-based startup Treble has secured $18 million in Series A funding to enhance its voice simulation platform, positioning itself as a key player in the voice AI industry.
RBI stops Tata Sons from bypassing IPO listing rules
The Reserve Bank of India's decision to enforce listing rules aligns with Shapoorji Pallonji Group's long-standing push for a Tata Sons public offering to unlock stake value.
Semicon India Programme upgraded to Semicon 2.0 to boost semiconductors
India is expanding its semiconductor strategy from mobile manufacturing to a comprehensive ecosystem, supported by significant government investment and global supply chain shifts.
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.
National Stock Exchange opens IPO subscription for ₹22,569cr $2.3bn today
The National Stock Exchange of India Ltd's ₹22,569 crore ($2.3 billion) initial public offering opened for subscription, marking one of India's largest-ever IPOs.
Gold climbs 0.8% to $4,295.26 after Fed rate rise
Gold prices increased by 0.8% as investors assessed the US Federal Reserve's interest rate hike, while oil prices lost momentum after an earlier rally.
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.
Practo names Jagnoor Singh CEO starting September 1 2026
Practo has appointed Jagnoor Singh as CEO, effective September 1, while founder Shashank ND transitions to managing director and executive chairman.
Geojit Financial Services gives 'Subscribe' recommendation for SS Retail IPO
Geojit Financial Services recommends subscribing to SS Retail Ltd's IPO, highlighting its rapid growth and strong market position in India's mobile retail sector.
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.
Asian LNG prices hit $26 as demand poised to drop
Asian LNG prices have soared to $26/mmBtu, impacting demand across the region. Despite this, India continues to secure spot cargoes, driven by its city gas and fertilizer sectors.
Brent crude steadies near $105 as Saudi offers Asian loadings
Brent crude futures hovered near $105 a barrel following reports of Saudi Arabia offering crude cargoes through ship-to-ship transfers off Oman, easing supply concerns.
Manipal Payment & Identity Solutions opens below ₹805cr IPO price
Manipal Payment & Identity Solutions debuted on the stock market at a 2% discount to its IPO price, following an Rs 805-crore IPO subscribed 1.26 times overall.
Anand Rathi gives Jindal Supreme IPO a 'Subscribe' rating
Anand Rathi recommends subscribing to Jindal Supreme Ltd's IPO, highlighting its diverse steel product portfolio and growth potential in infrastructure and industrial applications.
QS and IBM link SkillsBuild Career Navigator with 1Mentor
QS Quacquarelli Symonds and IBM have partnered to help learners explore career pathways by aligning skills with employer needs through the 1Mentor platform.
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.
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.
Kheria Autocomp and SpectraA IPOs open, gray market hints gains
Kheria Autocomp and SpectraA Technology Solutions SME IPOs open today, with grey market premiums indicating potential listing gains of 9.90% and 42.37%, respectively.
Oil falls as Saudi Arabia reroutes crude via Sohar port
Oil prices fell 1.2% as Saudi Arabia arranged additional crude shipments through Oman, easing supply concerns after attacks damaged its East-West pipeline.
Tamil Nadu CM C Joseph Vijay secures ₹12,300cr London deals
Tamil Nadu Chief Minister C Joseph Vijay returned to Chennai after a six-day London visit, securing Rs 12,300 crore in investment deals and promising over 10,000 job opportunities.
Bitcoin edges up above $76,305 after Fed interest rate hike
Bitcoin recovered to $76,305 after a sharp drop, as markets absorbed the Federal Reserve's 25 basis point rate hike decision.
Paisabazaar launches daily mutual fund SIP for irregular earners
Paisabazaar has launched a daily SIP option, targeting investors with irregular cash flows, allowing them to invest smaller amounts daily instead of larger monthly contributions.
NSE IPO GMP falls to ₹125, suggests ₹1,910 listing
The much-anticipated NSE IPO opens today, with its grey market premium crashing 43% from last week, raising questions about whether investors should subscribe.
Valor Equity Partners to distribute $8.5 billion of SpaceX stock
Valor Equity Partners, founded by Antonio Gracias, is distributing 8.5% of its SpaceX holdings to limited partners, avoiding market disruption and offering potential tax benefits.
India's Semicon 2.0 refocuses on chip design tools packaging
India should expand its semiconductor strategy to include design and advanced packaging, says expert Chris Miller, emphasizing integration into global value chains for success.
RBI removes ₹1000cr net owned funds rule for co-resolution applicants
The RBI has permitted smaller asset reconstruction companies to participate in insolvency proceedings without meeting the Rs 1,000-crore net owned fund requirement.
Karamtara Engineering set to list with estimated ₹294 opening price
Karamtara Engineering is set to debut on the BSE and NSE, with a grey market premium indicating a potential 16% upside over the issue price.
US Federal Reserve raises rates again, pressuring crypto markets
The Federal Reserve's rate hike increases capital costs, potentially pressuring liquidity-sensitive assets like Bitcoin, while a stronger dollar may reduce crypto risk appetite.
Gold rebounds to $4,283.45 on Thursday after Fed rate hike
Gold prices rose 0.5% after hitting a six-week low, as investors evaluated the Federal Reserve's interest rate hike and potential for further tightening.
China's Manus splits from Meta after government order, seeks $500 million
Chinese-founded AI startup Manus is set to double its valuation to $4 billion in a new fundraising round, following its split from Meta Platforms Inc. earlier this year.
ARCIL IPO debuts with ₹12 gray market premium today
ARCIL shares are set to debut on the stock market today, with a grey market premium indicating a 9% increase over the IPO's upper price band of ₹139.
Rentomojo to list September 17, ₹1,256cr IPO oversubscribed 72.88 times
Rentomojo's IPO was subscribed 72.88 times, with shares commanding an ₹86 premium in the grey market, suggesting a potential 21% gain over the issue price of ₹404.
Citi Research: Cognizant scales AI pilots into larger business deals
Cognizant Technology Solutions is expanding its AI-related bookings into larger commercial engagements, with Citi Research indicating potential growth opportunities in 2027-28.
Tata Sons board weighs RBI IPO push, N Chandrasekaran exit
Tata Sons board faces internal divisions over listing plans and leadership succession, with Noel Tata opposing a public listing and a third term for chairman N. Chandrasekaran.
Mindgrove Technologies aims to earn revenue before fiscal year end
Mindgrove Technologies, a semiconductor design startup from IIT Madras, anticipates generating its first revenues this fiscal year with support from approximately six clients.
Cadence readies India chip design ahead of Tata fab 2028
Cadence Design Systems anticipates increased demand for its EDA tools in India as Tata Electronics' semiconductor fab in Dholera nears production.
Zoho-backed Netrasemi urges government help deploying chips before Semicon India
Netrasemi, a Zoho-backed chip design startup, urges the Indian government to serve as an anchor customer to boost commercialization of its indigenous semiconductor products.
Memory chip shortage and price rises cut India smartphone sales
Smartphone sales in India are projected to drop 25% this festive season, marking the steepest decline in a decade due to soaring memory chip prices.
Shriram Finance plans $500 million bond buyback after MUFG 20% stake
Shriram Finance is set to announce a $500-million bond buyback next week, leveraging free cash flows and reduced borrowing costs after a rating upgrade.
Noel Tata seeks to keep Tata Sons private despite RBI
Noel Tata plans to urge the Tata Sons board to maintain its private status, challenging RBI's decision that could lead to a mandatory stock-market listing.
Oct 15 UPI payments over ₹2,000 attract 0.4% merchant fee
A National Traders' Welfare Board member has urged the Centre to revoke the 0.4% merchant discount rate on UPI payments over Rs 2,000, citing potential harm to business growth.
Fed raises rates after over 3 years, US stocks slip
US stocks closed lower as the Federal Reserve raised interest rates and signaled further tightening. The S&P 500 dropped 0.43%, with energy stocks hit by declining crude prices.
Dow Jones tumbles over 700 points after Fed raises rates
The Dow Jones Industrial Average plummeted over 700 points as investors reacted to the Federal Reserve's interest rate hike and signals of prolonged tight monetary policy.
SpaceX shares rise over 5% ahead of Starship orbital test
Shares of SpaceX increased by over 5% after announcing a new launch date for the Starship, a fully-reusable rocket crucial to the company's business strategy.
US Fed raises rate range to 3.75% to 4%
Federal Reserve Chair Kevin Warsh cited a strengthening US economy and persistent inflation above target as reasons for the recent 0.25% interest rate increase.
Gold falls 1.2% to $4,240.1 after Fed hikes to 3.75%-4%
Gold prices dropped over 1% as the U.S. Federal Reserve raised interest rates, boosting the dollar and diminishing gold's appeal.
October 15 2026 UPI MDR above ₹2,000 attracts 18% GST
Merchants accepting UPI payments above ₹2,000 will incur a 47.2 basis points cost due to an 18% GST on the merchant discount rate starting October 15.
Wayve hires ex-Waymo CFO Elisa de Martel to lead finances
Elisa de Martel, ex-CFO of Waymo, joins self-driving startup Wayve as CFO, succeeding Max Warburton, who transitions to a strategic advisory role.
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.
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.
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.
Nobel laureate Michael Kremer becomes World Bank's chief economist
The World Bank has appointed Nobel laureate Michael Kremer as its new chief economist.
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.
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.
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.
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).
Why Tata stocks fell up to 7% today
Tata Group stocks witnessed a major fall today, with losses of as much as 7%.
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.
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.
New Zealand ratifies landmark free trade deal with India
New Zealand's parliament has approved a landmark free trade agreement with India.
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.
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.
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.
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.
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.
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.
NSE IPO opens September 17, GMP hits 11%
The National Stock Exchange of India (NSE) will launch its initial public offering (IPO) on September 17.
India's unemployment rate eases to 5% in August
India's unemployment rate for adults (15 years and older) has marginally declined to 5% in August, from 5.1% in July, government data released on Tuesday showed.
Sensex tanks 1,300 points from day's high
The benchmark indices, Sensex and Nifty, witnessed a sharp decline on September 15 with the former plunging 1,300 points from intraday highs.
Flipkart creates 2.5L jobs in India ahead of festive season
E-commerce giant Flipkart has announced the creation of over 250,000 direct and indirect job opportunities across India.
Cleartrip's 'Elite' loyalty program is here: How it helps you
Cleartrip, the travel platform owned by Flipkart, has launched a new loyalty program called 'Elite.'
Accenture to pay $25M to settle DEI probe in US
Accenture, an IT consulting firm, has agreed to pay $25 million to the US government.
Musk's X settles antitrust lawsuit with Apple
Elon Musk's X Corp and SpaceXAI, a division of SpaceX, have resolved their antitrust lawsuit against Apple.
Samsung India's public affairs head Rajiv Aggarwal has quit
Rajiv Aggarwal, the head of public affairs and ESG at Samsung India, has resigned after nearly four years in the role.
OpenAI acquires smartphone camera tech firm for over $300M
OpenAI, the artificial intelligence (AI) giant behind ChatGPT, has acquired smartphone camera technology firm Glass Imaging for over $300 million.
Oracle workers face another wave of layoffs
Tech giant Oracle has reportedly started another round of job cuts.
Indian bonds see major decline today: What's the reason?
Indian bonds have taken a hit after the Reserve Bank of India (RBI) announced its plan to sell sovereign notes.
Rupee could hit 100 against US dollar soon, says UBS
The Indian rupee may weaken to triple digits against the US dollar within the next 12-18 months, Bhanu Baweja, Chief Strategist at UBS Investment Bank, has warned.
UPI charges explained: What changes for payments above ₹2,000?
The Indian government has said that no charges will be levied on Unified Payments Interface (UPI) transactions of up to ₹2,000.
Rice is becoming costlier in India. Reason? US-Iran war
Rice, a staple food in India, is becoming more expensive due to the ongoing US-Iran war.
India and Canada start 4th round of trade pact talks
India and Canada have entered the fourth round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
Essar's retail arm to acquire UK forecourt operator for £400M
Essar Energy Transition's retail arm, EET Retail, has announced its plan to acquire independent UK forecourt operator SGN Retail.
Indian manufacturers race ahead of global firms in factory leasing
According to a recent report by Savills India, domestic manufacturers are leading the charge in India's industrial real estate sector.
AI stocks plunge as industry leaders urge slower model development
Global AI-related stocks witnessed a major dip on Monday, following Anthropic CEO Dario Amodei's call for a slowdown in the development of AI capabilities.
India's retail inflation rises to 4.82% in August
India's retail inflation surged to 4.82% in August, up from July's 4.45%, according to government data released today.
India extends 654MW power supply to Nepal through 2026
India has approved the export of 654 megawatts (MW) of electricity to Nepal Electricity Authority.
Indiabulls diversifies into fintech with ₹1,050cr deal
Indiabulls has announced its plan to acquire a 70% stake in Fintech Cloud Private Limited for ₹1,050 crore.
This auto component maker plans to raise $400M via IPO
Faridabad-based Victura Group, a leading manufacturer of auto components, has appointed Rothschild as an advisor for its upcoming public listing.