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UAE to invest another $25B in India, says Piyush Goyal
The United Arab Emirates (UAE) has announced its plan to invest an additional $25 billion in India.
Inbound Aerospace aims orbital launch of reusable autonomous spacecraft 2028
Inbound Aerospace, incubated at IIT-Madras, plans to launch a prototype autonomous spacecraft by the first half of 2028, focusing on reusable upper stage space vehicles.
Fireflies.ai expands India operations as Fred manages emails and Slack
India ranks among Fireflies.ai's top three markets by users, as the AI platform expands Fred's capabilities to handle workplace tasks beyond meeting notes.
Two government-backed Indian firms cancel ₹6,600 cr bond plans
Two Indian state-run companies canceled plans to raise $688 million through rupee bonds as rising borrowing costs and expected interest-rate hikes deterred investors.
Seligman Investments doubles Seligman Ventures deployable capital to $1 billion
Seligman Ventures has increased its deployable capital to $1 billion, driven by the growing demand for AI hardware and infrastructure investments.
Quartermaster raises $140 million for maritime surveillance amid Iranian disruptions
Quartermaster, an Arlington-based startup, secured $140 million in a Series B round to enhance its maritime data technology amid increased demand due to global shipping challenges.
Philippine Airlines to resume direct Delhi and Mumbai Manila flights
Philippine Airlines will launch non-stop flights connecting Delhi and Mumbai with Manila in December 2026, marking its return to India after 13 years, pending government approval.
Meta launches new enterprise platform with MongoDB CEO at helm
Meta Platforms has hired CJ Desai, the former CEO of MongoDB, as its new Chief Enterprise Platform Officer.
FIIs sell ₹5,353.22cr Indian stocks as DIIs buy ₹5,189.02cr provisionally
Foreign institutional investors offloaded shares worth ₹5,353 crore as the Nifty plunged to its lowest level since April, reflecting a challenging period for Indian equities.
CJ Desai leaves MongoDB for Meta, shares drop 14% premarket
Chirantan "CJ" Desai has resigned as MongoDB's CEO to become Meta's chief enterprise platform officer, prompting a 14% drop in MongoDB shares during premarket trading.
Tata Trusts merges TESS and Tata Consulting Engineers into TSPL
Tata Trusts announced a reorganisation plan for Tata Sons to avoid classification as an NBFC or CIC, merging TESS and TCE into the entity.
Tewolde Gebremariam to lead Air India, prioritizes financial stability
Tewolde Gebremariam, Air India's incoming CEO, prioritizes improving finances by increasing revenue and controlling costs, with plans to reward employees for cost-saving ideas.
RBI nets 1L/cr bond sales to absorb surplus liquidity
India's central bank has net sold bonds worth ₹1 lakh crore this fiscal year, marking its largest annual net bond sale in over a decade.
Air India's new CEO sets safety, reliability as top priorities
Tewolde Gebremariam, the future Chief Executive Officer (CEO) and Managing Director (MD) of Air India, has identified safety and operational reliability as his top priorities.
Jio adds over 24 lakh subscribers in August
Reliance Jio has topped the chart of telecom operators by adding over 24 lakh mobile subscribers in August.
The Economic Times hosts Future of Knowledge Work Summit 2026
The Economic Times' summit in Mumbai on November 19 will gather leaders to explore AI, productivity, and evolving roles in reshaping organizations.
NSE shares fall below IPO price
Shares of NSE have slipped below their initial public offering (IPO) price on the third day of trading.
CBDT extends ITR deadline to November 21, 2026 for audits
Taxpayers requiring audits have until November 21, 2026, to file returns for AY 2026-27, following a CBDT extension from the original October deadline.
India exports over 15% despite trade disruptions, Piyush Goyal says
India's merchandise exports have increased by over 15% till September 21 this fiscal year, despite global economic challenges, according to Commerce Minister Piyush Goyal.
Jobless for months? Your EPF interest may become taxable
The Employees' Provident Fund (EPF) is a retirement savings scheme managed by the Employees' Provident Fund Organization (EPFO) under the Ministry of Labour and Employment.
Tewolde Gebremariam to lead Air India prioritizing safety and punctuality
Tewolde Gebremariam, set to become Air India's CEO and MD, emphasizes safety, operational reliability, and sustainable profitability as the airline's main priorities.
Gold, silver ETFs tumble up to 3.6%
Gold and silver exchange-traded funds (ETFs) witnessed a sharp decline on Monday, mirroring a global sell-off in precious metals.
US-China tariff deal: What's in $30B trade package?
The United States and China have announced a $30 billion tariff deal, covering goods such as agricultural products, medical devices, and consumer goods.
CleanMax raises ₹2,500cr via green bonds at 8.25-8.76% for renewables
CleanMax has successfully raised ₹2,500 crore through the issuance of green debt securities on a private placement basis, aimed at funding large-scale renewable energy projects.
Gold, silver fall in national capital after US dollar strengthens
Gold prices fell by ₹2,600 to ₹1.5 lakh per 10 grams, while silver dropped ₹5,000 to ₹2.32 lakh per kg in the national capital due to a firm US dollar and rising crude oil rates.
NVIDIA boosts share buyback by record $150B amid AI demand
Nvidia has increased its share repurchase authorisation by $150 billion, capitalising on strong AI demand to drive revenue growth and enhance shareholder value.
US futures tumble as oil tops $108 amid Iran tensions
Wall Street futures fell up to 1% on Monday as rising oil prices, driven by geopolitical tensions, signaled a weak start for US equities.
Red Bull challenges FSSAI order to drop 'energy' from labels
Red Bull has challenged the Food Safety and Standards Authority of India (FSSAI) in the High Court over its order to remove the term "energy" from its drinks.
Moneyview IPO sees over 10x subscription on last day
Moneyview's initial public offering (IPO) has witnessed massive investor interest on its third and final day of bidding.
India's Russian oil imports down in September, crude imports rise
India's imports of Russian crude fell to 1.75 million barrels per day in September, the lowest since April, as refiners diversified amid geopolitical risks.
Rupee dirham trade grows since CEPA 2022, says Piyush Goyal
Local currency settlement between India and the UAE has reached double digits, with bilateral trade aiming to double to over $200 billion by 2032.
SpaceX shares climb 0.3% ahead of Starship orbital debut
SpaceX shares rose 0.3% as investors anticipate the Starship launch, which aims to enhance Starlink's network capacity and potentially reduce satellite deployment costs.
AI bubble burst could trigger US recession, Fitch warns
A sharp decline in equity markets and a slowdown in artificial intelligence (AI) investments could push the United States into recession, Fitch Ratings has warned.
Seven Indian firms including Anmol Industries, Koolking Industries file IPOs
Seven companies, including Anmol Industries and Koolking Industries, have filed their Draft Red Herring Prospectuses with Sebi to launch initial public offerings.
India's industrial output up 8% in August 2026 on manufacturing
India's Industrial output rose to 8% in August, up from 6.7% in July, driven by strong manufacturing and electricity sector performance under the new index series.
Kerala edtech Wayvida secures 3.25cr Microsoft cloud credits for AI
Microsoft has awarded Rs 3.25 crore in cloud credits to Kerala-based Wayvida, enhancing its AI-driven educational platform and supporting international expansion efforts.
UK tribunal allows Apple Amazon lawsuit over 3rd-party seller restrictions
A UK tribunal has allowed parts of a consumer lawsuit against Apple and Amazon to proceed, alleging their 2018 agreement restricted competition on Apple's products sold via Amazon.
EY to appeal Delhi HC tax ruling to Supreme Court
Ernst & Young (EY) has approached the Supreme Court to contest a Delhi High Court decision that taxes payments for employees temporarily transferred from overseas offices to India.
Cleveland Fed's Beth Hammack warns US inflation may become entrenched
Federal Reserve Bank of Cleveland President Beth Hammack cautions that persistent high inflation could entrench elevated price expectations in the US economy.
Reliance planning to raise $1B via asset-backed securities
Mukesh Ambani's Reliance Group is looking to raise up to $1 billion through asset-backed securities (ABS), people familiar with the matter told Bloomberg.
Airbnb to help boost homestay ecosystem in India
The Ministry of Tourism and Airbnb have signed a two-year Memorandum of Understanding (MoU) to strengthen India's homestay ecosystem.
Armani may have more than one buyer for 15% stake
Armani, the renowned Italian luxury group, is open to involving more than one investor in the sale of a 15% stake.
Indian government bonds witness crash today: What's the reason?
Indian government bonds witnessed a steep decline today, pushing the benchmark 10-year yield to a two-year high.
Why this $4B fund manager is betting on insurance stocks
Bajaj Asset Management Limited, a mutual fund house with ₹39,660 crore ($4.1 billion) in assets under management as of August, is changing its investment strategy in light of rising crude prices and interest rates.
Indian rupee now just shy of 96 against US dollar
The Indian rupee has witnessed a marginal decline due to rising oil prices, triggered by stalled diplomatic talks between the US and Iran.
IMARC Group: India gourmet market $6.6B now $24.5B by 2034
India's gourmet food market is expected to nearly quadruple to $24.5 billion by 2034, driven by rising disposable incomes and increasing demand for premium products.
India commercial paper market hits ₹6.53L/cr after RBI rate cut
Outstanding commercial paper issued by Indian companies increased 24% year-on-year, reaching ₹6.53 lakh crore as of September 15, driven by improved banking-system liquidity.
Reliance Group plans ₹10,000 cr notes backed by rental income
Mukesh Ambani's Reliance Group aims to raise 100 billion rupees through asset-backed securities, marking one of India's largest deals this year.
CareEdge Ratings: India needs over ₹4L/cr energy storage by FY32
India requires over ₹4 lakh crore in energy storage investments by FY32 as renewable electricity gains prominence, according to a CareEdge Ratings report.
Indian markets slump as Nifty slips below 22,900, Sensex sinks
The Nifty index dropped below 22,900, marking its first fall since April 7, as PSU bank stocks faced pressure amid rate hike concerns.
Russian DNA technology eyes 1st overseas plant in Uttar Pradesh
Russia-based DNA Technology is in advanced talks to establish its first overseas manufacturing unit in Uttar Pradesh, India.
Japan service prices jump 3.7% August, linked to labor costs
Japan's corporate service prices surged by 3.7% in August, marking the fastest rise in over two years and potentially influencing the Bank of Japan's decision on future rate hikes.
NSE stock falls to ₹1,761 below IPO on 3rd day
Shares of NSE Ltd. fell 1.8% to ₹1,761, dropping below the IPO price of ₹1,785 amid a broader equity selloff and subdued investor response.
Ideas N Journey's $100 million push into Indian consumer and healthcare
Ideas N Journey (InJ), an India-Japan-focused investment platform, plans to invest $100 million in consumer-focused real assets and niche healthcare sectors in India.
Bitcoin holds near $83,000 79.6L amid US spot ETF inflows
Bitcoin remains range-bound near $83,000 due to strong institutional demand, while elevated US Treasury yields and a stronger dollar limit broader market recovery.
European stocks rise as UK housebuilders jump on equity loan
European shares rose, with the STOXX 600 gaining 0.3%, driven by a rally in British housebuilders, while rising oil prices and bond yields limited broader market gains.
IEX subsidiary applied for license to launch India coal exchange
Indian Energy Exchange (IEX) has applied for a licence to set up India’s first coal exchange, aiming to enhance price discovery and transparency in coal trading.
UAE pledges $25 billion to India at taskforce meeting
The UAE plans to invest an additional $25 billion in India, focusing on energy cooperation, including strategic petroleum reserves and subsea gas pipelines.
ICICI Prudential Mutual Fund launches Contra Fund NFO Sept 28
ICICI Prudential Mutual Fund has introduced the ICICI Prudential Contra Fund, an open-ended equity scheme employing a contrarian investment strategy, with its NFO starting today.
PhonePe explores investing in foundational AI projects, Sameer Nigam says
PhonePe CEO Sameer Nigam announced plans to invest in foundational AI companies, with discussions on the investment structure ongoing with the board.
Morgan Stanley forecasts hyperscaler neocloud capex slowdown toward smart apps
Morgan Stanley predicts a sharp slowdown in AI spending growth by 2028, transitioning focus from hardware to software and applications as hyperscaler investments decline.
Chinese shares hit 1-year low
Chinese shares have hit a one-year low, led by a major selloff in technology firms.
Ignosis AI automates collections for 5L borrowers in India
Ignosis AI employs 200 voice-based AI agents to manage debt collections, handling 70-80% of cases autonomously while humans intervene in complex situations.
Nationwide bank strike suspended after unions and IBA talks
The United Forum of Bank Unions deferred their three-day strike after progress in talks with the Indian Banks’ Association, but demands remain unmet.
India's IPO pipeline expected at ₹3.86L/cr in H2 2026
India's mainboard IPO pipeline is projected at Rs 3.86 lakh crore for the second half of 2026, significantly surpassing the Rs 1.10 lakh crore raised earlier this year.
PepsiCo, others boost food safety hiring amid tighter FSSAI inspections
PepsiCo, Hilton, and other major players in the food industry are expanding their teams to focus on food safety and compliance, according to The Economic Times.
ET HR Excellence Awards highlight fast, accessible HR service delivery
The ET HR Excellence Awards celebrate organizations that enhance employee access to HR services through innovative, efficient, and people-first support models.
Aequs raises ₹650cr via warrants toward $450m expansion by 2031
Aequs has secured a ₹650 crore preferential warrant issue to support its $450 million capex plan, aiming to scale operations significantly by 2031.
HDFC Mutual Fund reopens REITs and commercial real estate index
HDFC Mutual Fund has reopened its BSE REITs and Commercial Real Estate Index Fund for ongoing subscription, offering exposure to listed real estate investment trusts.
Tonbo Imaging gets SEBI nod for offer for sale IPO
Tonbo Imaging has received SEBI approval for its IPO, allowing existing shareholders to sell up to 1.81 crore equity shares through an offer for sale.
Deep tech founders warn funding gaps, seek global capital
India's deep-tech ecosystem is expanding with increased investor interest, but securing follow-on funding remains a significant hurdle for startups.
Oil prices climb after Trump rejects Iran's peace proposal
Oil prices surged over 1% in early Asian trading on Monday.
SC refuses to stay MDR on UPI payments above ₹2,000
The Supreme Court has refused to grant an interim stay on the Indian government's new merchant discount rate (MDR) policy.
China's 20% offshore trust tax puts billionaires on alert
China is tightening its tax net around wealthy individuals, offshore trusts, and overseas investments.
Red Bull takes FSSAI to court over 'energy' label
Red Bull has approached the High Court to contest FSSAI's directive to remove "energy" from its drinks, arguing it wasn't given prior notice or a chance for representation.
Sensex falls over 1,000 points despite 7.8% GDP growth
Indian markets faced heavy selling pressure as the Sensex dropped 1,000 points, driven by geopolitical tensions and high crude oil prices despite strong economic growth.
Rupee slips to 95.95 against US dollar as RBI intervenes
The Indian rupee hovered near 96 per dollar as the Reserve Bank of India intervened to counteract the impact of rising oil prices and Middle East tensions.
Gold prices down 4% in a week: What's the reason?
Gold prices continued their downward trend, falling 2.55% to $4,176 per ounce in intraday trading today.
Electronics manufacturers get PLI incentives worth ₹19,091cr in 2026
The Production-Linked Incentive (PLI) scheme for large-scale electronics manufacturing has disbursed a whopping ₹19,090.98 crore in incentives till June this year.
Why red warning labels on packaged foods are being opposed
India's food giants have challenged the proposed red warning labels for high salt, sugar, and fat content in packaged foods.
Akasa Air assures safety amid Boeing's 737 MAX software issue
Akasa Air has assured the safety of its operations, despite a software issue flagged by Boeing on some of its 737 MAX planes.
India's richest hold more wealth than Switzerland, Singapore's GDP
India's wealthiest individuals control a staggering ₹187.5 lakh crore ($1.96 trillion) in combined wealth, according to the latest M3M Hurun India Rich List 2026.
LG's air conditioners to become costlier from October 1
LG has announced a price hike for its air conditioners in India, effective from October 1.
Oil, Fed rate worries send gold and silver ETFs tumbling
Gold and silver ETFs fell sharply on Monday, with silver ETFs dropping up to 3.6%, as rising crude oil prices fueled inflation fears and potential US Federal Reserve rate hikes.
Flipkart, Amazon expand mini-warehouses in India toward the 1,000 mark
Amazon and Flipkart are nearing the milestone of 1,000 dark stores, marking significant progress in their quick-commerce expansion, according to Bernstein's Jignanshu Gor.
RBI mandates uniform bulk deposit rates starting Oct 1 2026
The Reserve Bank of India's new rules on interest-rate disclosure for bulk deposits will be implemented from October 1, enhancing transparency and uniformity across banks.
SRIT India IPO opens with 25% GMP: Apply or avoid?
The initial public offering (IPO) of SRIT India has opened for subscription today.
Hero Motors stock dips 10% yet over 55% since listing
Hero Motors shares declined by 10% in Monday's session due to profit booking, yet remain 56% above their listing price of Rs 82 per share.
Mirae Asset introduces Life Cycle Fund 2056 NFO, SIP ₹99
Mirae Asset Mutual Fund has introduced the Life Cycle Fund 2056, an open-ended scheme with a glide path that adjusts its equity-debt mix as it approaches maturity in 2056.
McKinsey: AI and partnerships reshaping India's insurance, rural reach lags
India's insurance sector is poised for growth through AI-driven distribution and ecosystem partnerships, as insurers reassess traditional models to enhance consumer engagement.
Boeing 737 MAX glitch: Which Indian airlines could be affected?
Boeing has flagged a software issue in some of its 737 MAX aircraft, which could lead to the disengagement of automated flight guidance in certain landing scenarios.
Amazon's Great Indian Festival sale begins October 8 with deals
Amazon's Great Indian Festival 2026 early deals are live, offering discounts on electronics like smartphones, laptops, and more from top brands.
IndiGo flight makes abnormal runway contact while landing in Bengaluru
An IndiGo aircraft operating flight 6E 6542 from Guwahati to Bengaluru experienced a tail strike while going around at Kempegowda International Airport, Bengaluru.
Indian mid-sized IT firms use AI to create revenue streams
Mid-sized tech firms in India are innovating with AI to reduce client costs, creating new revenue streams as traditional IT services face automation challenges.
Akasa Air assures flights safe after Boeing flags software issue
Akasa Air assures passengers of safe operations despite a new software issue affecting Boeing 737 MAX planes, coordinating closely with Boeing to resolve the matter efficiently.
IndusInd MD Rajiv Anand finds name unmapped from voter roll
Rajiv Anand, CEO of IndusInd Bank, discovered his name is "unmapped" from the electoral roll despite having valid identification, prompting a required hearing to prevent deletion.
ESDS Software shares down 5% after profits plunge to ₹29cr
Shares of ESDS Software Solutions Ltd. fell 5% for the second consecutive day due to disappointing quarterly results and delayed revenue from a significant Australia deal.
China's CSI 300 drops 2.4% to 1-year low Monday
Chinese stocks reached a one-year low as technology shares plummeted following reports on Nvidia chip purchases and proposed US sanctions on Chinese optical firms.
Trump hosts private dinner for Anthropic CEO amid AI spat
US President Donald Trump hosted a dinner for Anthropic CEO Dario Amodei on Sunday night.
Sensex crashes over 900 points: What's worrying investors today?
The Indian stock market witnessed a major fall today, with the BSE Sensex and NSE Nifty both declining by nearly 1.3%.
KOSPI falls 2.13%, ends 4-session streak as yields rise
South Korean shares fell over 2% as higher bond yields pressured technology valuations, with Samsung Electronics and SK Hynix leading the decline after a holiday break.
Japan's 10-year bond yield hits highest since 1996 at 3.095%
Japanese government bond yields surged as inflation pressures and expectations of Bank of Japan rate hikes intensified, with the 10-year yield nearing its highest level since 1996.
Sensex slides 900.50 to 72,995.24 amid 7th straight weekly decline
The Sensex dropped nearly 900 points and the Nifty slipped below the 23,000 mark due to rising crude oil prices, weak financial stocks, and continued foreign investor selling.
SC to hear PIL against UPI-MDR charges today
The Supreme Court of India is set to hear a plea challenging the government's decision to impose a Merchant Discount Rate (MDR) on certain UPI person-to-merchant (P2M) transactions above ₹2,000.
China's industrial profits slow down amid weak domestic demand
China's industrial profits witnessed a sharp slowdown in August, rising only 4.2% year-on-year.
Adroit Industries IPO allotment released after 176.85-times oversubscription ₹150.71cr issue
Adroit Industries' IPO allotment is anticipated today, with a strong 176.85x subscription and a grey market premium indicating a potential 28% listing gain.
Porter, MLMML, Rapido and Zypp Electric plan IPOs soon
India's logistics and urban mobility sector is experiencing increased investor interest, with companies like Porter, Mahindra Last Mile, and Rapido exploring plans to go public.
Indian rupee likely to open near 96 per US dollar
The Indian rupee is expected to open weaker due to stalled US-Iran talks, with the Reserve Bank of India's intervention providing a reliable buffer against further decline.
Shah Investor's Home opens ₹90.17cr IPO subscription Monday to Wednesday
Shah Investor's Home IPO opens for subscription on September 28, 2026, with a price band of Rs 159-167 per share and a grey market premium of Rs 9.
Rupee weaker ₹95.88 after Trump rejects Iran peace plan
The rupee opened seven paise lower at Rs 95.88 per dollar as Brent crude prices surged past $107 per barrel, driven by geopolitical tensions between the US and Iran.
Sun Pharma signs global Lerodalcibep deal excluding US and China
Sun Pharma has secured a global licensing agreement with LIB Therapeutics to commercialize and manufacture the cholesterol-lowering drug lerodalcibep.
PC Jeweller settles nearly ₹4,100cr bank debt, stock up 89%
PC Jeweller has become debt-free, clearing dues to 14 consortium banks, leading to an 89% stock rally over six months and boosting investor confidence.
Rupee opens at 95.87 as Brent crude rises to $105.95
The Indian rupee opened 5 paise lower at 95.87 per dollar, while most Asian currencies, except the Indonesian rupiah, traded lower against the US dollar.
Nomura gives ABD buy, ₹850 target citing premium push
Nomura has initiated coverage on Allied Blenders and Distillers with a 'Buy' rating, setting a target price of ₹850, indicating a 19% upside from its recent closing price.
Brent crude rises to $105 amid Strait of Hormuz tensions
Brent crude rose to $105 as tensions between the US and Iran escalated, with Iran declaring readiness for a "doomsday war" while Nifty declined for seven consecutive weeks.
Bank strike deferred after late talks between IBA and unions
Bank unions have deferred a three-day nationwide strike after reaching an agreement with the Indian Banks' Association, ensuring banks remain open on Monday, September 28.
China industrial profits rise 4.2% in August amid AI surge
China's industrial profit growth decelerated to 4.2% in August, down from 11.2% in July, as weak domestic demand and excess capacity pressured companies.
China and US extend trade truce until January 2027
China and the US have extended their trade truce to January 2027, focusing on cooperation in coal, agriculture, AI, finance, and flights.
Oil up 1% after Trump rejects Strait of Hormuz reopening
Oil prices rose over 1% as Middle East tensions escalated, while gold continued its decline amid persistent inflation concerns and potential Federal Reserve interest rate hikes.
Oil rises over 1% after President Trump rejects Iran offer
Oil prices rose over 1% after President Trump rejected Iran's peace proposal, maintaining geopolitical tensions and impacting supply vulnerabilities in the Middle East.
Indian markets set to open flat as FPIs sell
Indian markets are expected to open flat to negative on Monday, influenced by mixed global cues and significant foreign portfolio investor (FPI) selling.
China and US pause trade fight for 2 months
China confirmed a two-month extension of the US trade truce, allowing both nations to evaluate the October economic arrangement and advance discussions on resolving trade issues.
SRIT India launches IPO priced ₹123-₹130 to raise ₹218.40cr
SRIT India's IPO opens today with a price band of ₹123-130 per share, aiming to raise ₹218.40 crore through a fresh issue of 1.68 crore shares.
Gautam Adani India's richest on 2026 M3M Hurun list ₹187.5L/cr
Gautam Adani surpasses Mukesh Ambani as India's richest, with the nation's total wealth reaching Rs. 187.5 lakh crore, according to the M3M Hurun India Rich List 2026.
IRDAI proposes insurance distribution overhaul, seeks feedback until Oct 25
The Insurance Regulatory and Development Authority of India (IRDAI) suggests new rules to streamline distribution, reduce costs, and address mis-selling in the insurance sector.
Asian markets mixed after US rejects Iran proposal, oil jumps
Asian shares opened mixed with South Korea's benchmark slipping, while rising oil prices heightened inflation concerns, potentially leading to further interest rate hikes.
a16z's Raghu Raghuram sees India AI potential using open-weight models
India currently lacks frontier AI model companies and computing capacity, but a16z's Raghu Raghuram sees potential in Indian startups leveraging open-weight models.
Prosus in talks to invest ₹150cr in BazaarNow rivaling Instamart
Prosus is negotiating a Rs 150 crore investment in BazaarNow, valuing the company at approximately Rs 900 crore, potentially challenging Swiggy's Instamart.
Armatrix wins ET Best on Campus for snake-like robotic arms
Armatrix, a Bengaluru-based startup, won the Best on Campus category at The Economic Times Startup Awards 2026 and plans 10-12 pilot projects before commercial deployment in 2028.
Goldman Sachs says 42 Indian AI stocks rose about 60%
India's AI-linked infrastructure stocks have soared, with Goldman Sachs identifying 42 enablers benefiting from the growing demand for data centre and semiconductor infrastructure.
Indian space startups aim global impact as ISRO refocuses
India's private space startups, like Digantara and GalaxEye, aim for $100 million annual revenue by 2029, leveraging global demand for advanced surveillance technologies.
Gold falls 0.7% to $4,254.77 as oil fuels inflation fears
Gold prices fell as rising oil prices fueled inflation concerns, reinforcing expectations of further Federal Reserve interest rate hikes. Spot gold dropped 0.7%.
Gold drops about 2.4% this week amid US Fed uncertainty
Gold prices dipped this week as ongoing geopolitical tensions and elevated energy costs heightened expectations for further Federal Reserve interest rate hikes to combat inflation.
Noel Tata opposes N Chandrasekaran reappointment at Tata Sons AGM
Tata Group companies are grappling with the decision to support or oppose N Chandrasekaran's reappointment as a director amid internal disputes at Tata Sons.
3-day bank strike deferred, branches to open as usual today
The proposed three-day nationwide bank strike from September 28 to 30 has been deferred.
US markets slide as Trump rejects Strait of Hormuz reopening
Dow futures fell nearly 200 points after President Trump rejected Iran's proposal on the Strait of Hormuz, causing crude oil prices to rise significantly.
JP Morgan says UPI MDR could lower cross border costs
Introducing merchant fees on UPI transactions could enhance its cross-border use, offering a cost-effective alternative to cards and cash, according to JP Morgan's Max Neukirchen.
China asks firms for NVIDIA RTX PRO 5500 purchase plans
China may permit companies like ByteDance and Alibaba to acquire Nvidia's RTX PRO 5500 chips, potentially bypassing US export restrictions, according to The Information.
Finance ministry discusses AI with banks to improve loan collections
The finance ministry is gathering feedback from banks on their use of AI-driven loan collection solutions, aiming to assess the extent and stage of AI adoption across the sector.
Infosys to move one-third of workforce into specialist roles
Infosys, the Bengaluru-based company, has announced plans to move a quarter to a third of its workforce into specialist roles.
PVR fined ₹75,000 for showing excessive ads before film
PVR Cinemas has been ordered to pay a fine of ₹75,000 after a Hyderabad-based lawyer complained about excessive advertisements before a movie, The Economic Times reported.
Why ED has attached Gameskraft's assets worth ₹442cr
The Enforcement Directorate (ED) has attached assets worth ₹442 crore in its money laundering investigation against online gaming company Gameskraft and its app RummyCulture.
India's consumer durables market to grow 10% annually through 2030
India's consumer durables market is on track for major growth, with a projected annual growth rate of 8-10% until 2030.
IRDAI's new reforms could lead to cheaper insurance premiums
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a series of reforms that could impact insurance premiums in the country.
Relief for customers as government mandates 30-day, voice-SMS-only recharge plans
The Indian government has launched the Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026.
Mobile retailers to protest against UPI charges on October 2
Mobile phone retailers across India will observe a "No UPI Day" on October 2.
SC to hear plea against MDR on UPI payments tomorrow
The Supreme Court of India is set to hear a petition challenging the Indian government's decision to impose Merchant Discount Rate (MDR) on certain UPI transactions, tomorrow.
This is India's first private port to run on renewable-power
Adani Ports and Special Economic Zone (APSEZ) has announced that its Dhamra Port in Odisha is now India's first large-scale private multi-cargo port to run entirely on renewable electricity.
AYUSH services sector might hit $318B in India by 2047
A recent study by the Research and Information System for Developing Countries (RIS) has revealed, that India's AYUSH services sector is one of the fastest-growing service segments in the country.
ACs, TVs and washing machines to become costlier from October
Leading manufacturers of appliances and consumer electronics are likely to raise prices of air conditioners (ACs), LED TVs, washing machines, and other products by up to 8%.
Buying property from NRIs is about to become easier
From October 1, 2026, resident individuals and Hindu Undivided Families (HUFs) will have a smoother process when buying property from non-resident sellers.
NVIDIA's Hugging Face buyout could net Kevin Durant $60M profit
NBA superstar Kevin Durant is set to make a killing from his early-stage investments in AI start-up Hugging Face.
AI, blockchain convergence could create trillion-dollar hyperscaler cloud market: BlackRock
Hyperscaler cloud revenues could exceed $1 trillion annually by 2030, a BlackRock report has projected.
Boeing 737 MAX software glitch could affect landings
Boeing has flagged a previously undisclosed software glitch in its 737 MAX aircraft, The Wall Street Journal reported.
FD rules change from October 1: How they affect you
In a bid to enhance transparency, the Reserve Bank of India (RBI) has issued new guidelines for commercial banks.
IRDAI's Bima Sugam debuts this November: Why it's a gamechanger
The Insurance Regulatory and Development Authority of India (IRDAI) is all set to launch its much-anticipated digital insurance marketplace, Bima Sugam.
Mehli Mistry steps down from Tata Medical Centre Trust
Mehli K Mistry, a close aide of the late industrialist Ratan Tata, has stepped down from his position as a trustee of the Tata Medical Centre Trust. Mistry's current term is set to end on September 30.
Are public and private sector banks open today, September 27?
Public sector banks and Regional Rural Banks (RRBs) are open today, September 27, 2026.
China, US agree to $30B tariff reduction during Xi's visit
China has announced a major agreement with the United States, including a $30 billion reciprocal tariff reduction and the establishment of an artificial intelligence (AI) dialogue.