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India counts household rooftop solar generation in 2022-23 GDP base
Electricity generated by rooftop solar panels is now included in India's GDP, as per the new national accounts series with 2022-23 as the base year.
Jamie Dimon warns India tax rules drive $25 billion outflows
Global investors are optimistic about India's long-term growth, but inconsistent tax application remains a significant concern, according to JPMorgan CEO Jamie Dimon.
Orient Cables opens 552cr IPO priced 258 to 272 each
Orient Cables (India) Ltd will open its ₹552-crore IPO for public subscription from September 25 to September 29, with a price band set at ₹258-272 per share.
Bernstein report finds AI turning ERP from storage to action
The ERP market is undergoing a major transition as AI shifts focus from data ownership to workflow execution, potentially reshaping industry leadership and business models.
India expands semiconductor ecosystem to include design, materials, advanced packaging
India is broadening its semiconductor focus beyond fabrication, aiming to build a complete ecosystem encompassing design, equipment, materials, and advanced packaging.
After AI flags JPMorgan auction, SEBI expands team to 200
SEBI leverages advanced AI tools to monitor India's financial markets, swiftly identifying suspicious trading activities and potential misconduct in real-time.
Dogecoin climbs past $0.10 as $1B liquidations lift Bitcoin
Dogecoin surged over 15% to surpass 10 cents, marking the largest gain among major tokens, while Bitcoin remained steady above $85,600 after a significant short squeeze.
Indian 10-year yield ticks to 7.0498% amid U.S.-Iran talks
Indian bonds opened steady with the benchmark 10-year yield at 7.0498%, as markets anticipate US-Iran talks amid stable Brent crude prices.
Brent tops $101 as markets eye U.S.-Iran talks at U.N.
Brent crude futures rose to $101.35, up 1.01%, after four consecutive sessions of declines, as markets anticipated potential US-Iran talks at the UN General Assembly.
Jamie Dimon backs Chandrasekaran as Tata governance fight deepens
JPMorgan Chase & Co. CEO Jamie Dimon has expressed his support for Tata Sons Chairman Natarajan Chandrasekaran amid the ongoing governance conflict at one of India's oldest conglomerates.
Bank of America Securities sets ₹1,900 target for Ather Energy
Shares of Ather Energy rose 1% after Bank of America initiated coverage with a "buy" rating and a ₹1,900 price target, signaling a potential 20% upside.
NSE IPO allotment today: How to check status online
The National Stock Exchange of India (NSE) is set to finalize its initial public offering (IPO) allotment today.
India and Chile pursue CEPA to deepen $5.6B trade ties
India and Chile are negotiating a Comprehensive Economic Partnership Agreement to enhance trade and investment, with bilateral trade surpassing $5.6 billion in 2025.
Tata Sons reappointment of N Chandrasekaran meets Noel Tata objection
The 2021 Supreme Court judgment on Tata Sons' governance is central to the current dispute over N Chandrasekaran's reappointment as chairman.
HDFC Bank shares rise as RBI queries Anup Bagchi candidacy
HDFC Bank shares gained nearly 1% for the second consecutive session as reports indicated progress in the CEO succession process, with Anup Bagchi emerging as a leading candidate.
Bitcoin exceeds $87,000 amid spot ETF inflows and oil slide
Bitcoin surged past $87,000, reaching an eight-month high due to renewed institutional demand and positive ETF flows amid a broad risk-on move in global markets.
Spinny files IPO with SEBI to raise up to ₹3,000cr
Spinny, a used-car marketplace backed by Sachin Tendulkar, has confidentially filed for an IPO with SEBI to raise Rs 2,500-3,000 crore.
Bitcoin eases in Asia after 4-day rally, falls to $85,500
Bitcoin fell to around $85,500 in Singapore trading after a 13% rally, retreating from its US session high of $87,381 amid broader market optimism.
NSE IPO allotment expected today after 5.71x oversubscription, QIBs 12.68x
The Rs 22,569-crore NSE IPO allotment is expected today, with a grey market premium of 4%. Investors can check their allotment status online via the registrar or BSE website.
JPMorgan CEO Dimon backs Chandrasekaran amid Tata Sons crisis
JPMorgan CEO Jamie Dimon praised Tata Sons chairman Natarajan Chandrasekaran and warned that governance issues within Tata could deter foreign investment in India.
National Stock Exchange IPO oversubscribed after ₹90,000 cr bids
The National Stock Exchange's IPO attracted demand worth Rs 90,000 crore, setting a new subscription benchmark among India's five largest offerings.
Mazagon Dock to set up ₹15,000 cr greenfield Dugarajapatnam shipyard
Mazagon Dock Shipbuilders has signed a ₹15,000 crore MoU to develop a greenfield shipyard in Andhra Pradesh, aiming for completion within five to seven years.
FDA suspends Swiggy Instamart and Amazon Kandivli licenses over hygiene
The FDA suspended Swiggy's Instamart and Amazon warehouses in Mumbai due to severe hygiene violations, including infestations of rats and cockroaches.
AceVector opens Snapdeal IPO Sept 25-29 priced ₹30-32 aims 420cr
Snapdeal parent AceVector has set the price band for its IPO at ₹30-₹32 per share, with the public issue opening on September 25 and closing on September 29.
Ankushkumar Bagrecha and Mohit Todi booked for moving ₹4,427.92cr abroad
Two chartered accountants, Ankushkumar Bagrecha and Mohit Todi, have been accused of preparing fake tax certificates to facilitate ₹4,427 crore in overseas remittances.
Oil edges up as markets watch possible U.S.-Iran U.N. talks
Oil prices increased as markets stabilized, with investors closely monitoring potential US-Iran discussions at the UN General Assembly amid ongoing Middle East tensions.
Jamie Dimon: AI spending could reach $1 trillion next year
JPMorgan CEO Jamie Dimon predicts that spending on artificial intelligence could reach $1 trillion in 2024, emphasizing its importance beyond traditional ROI metrics.
Maharashtra gas stations seek exemption from proposed 0.4% UPI charge
Petrol pump owners in Maharashtra have requested the Central government to exempt fuel purchases from digital payment charges, citing fixed margins and financial strain.
Oil steadies after Saudi reroutes exports via Strait of Hormuz
Oil prices stabilized as Saudi Arabia redirected exports through the Strait of Hormuz, with Brent settling above $100 amid easing West Asian supply concerns.
Jamie Dimon says India economy could triple next decade
India's economy could potentially triple in size over the next decade, according to JPMorgan Chase CEO Jamie Dimon, who emphasized plans for continued expansion in the country.
US and China conclude New York AI trade investment talks
Chinese and US officials concluded their second day of discussions in New York, focusing on artificial intelligence, investment, and trade ahead of President Xi Jinping’s visit.
JPMorgan CEO Jamie Dimon urges US against Russian oil tariffs
JPMorgan CEO Jamie Dimon cautions the US against imposing tariffs on Russian oil, emphasizing potential negative impacts on India and global oil markets.
Runwal Enterprises to open ₹500cr IPO at ₹290-₹305 September 25, 2026
Runwal Enterprises has set the price band for its IPO at ₹290-₹305 per share, with the public issue opening for subscription on September 25.
Startups use AI to reduce headcount while growing fast
Startups are increasingly relying on AI to reduce head count, with some founders replacing employees and contractors with AI agents to maintain lean operations.
Meta's Muse AI topping Apple charts lifts South Korean chipmakers
South Korean semiconductor stocks surged as Meta's Muse AI agent topped app rankings, boosting investor sentiment and lifting the Kospi Index by 2.3%.
Gold reaches $4,360 per ounce as oil curbs Fed hikes
Gold prices rose as declining oil prices reduced the likelihood of further Federal Reserve interest-rate hikes, with bullion trading around $4,360 an ounce after recent losses.
Asian shares climb as Samsung and SK Hynix lead rally
Asian stocks rose as technology shares, led by Samsung and SK Hynix, followed Wall Street's gains driven by optimism around Meta's new AI developments.
Microsoft grants Indian clients full sovereign control over their data
Microsoft now offers Indian clients full control over their data and cloud operations, ensuring compliance with local laws and uninterrupted service delivery.
Merchants to bear 0.4% UPI MDR from October 15 2026
The proposed 0.4% MDR on UPI transactions above ₹2,000 will increase costs for retailers with higher average order values, while sparing those with smaller transactions.
Indian firms hurry IPO filings before SEBI's September deadline
Nearly two dozen companies are scrambling to launch their IPOs before regulatory approvals expire on September 30, aiming to collectively raise over ₹40,775 crore.
Noel Tata proposes splitting Tata Sons as RBI pushes listing
Noel Tata has suggested restructuring Tata Sons into multiple entities as an alternative to listing, amidst regulatory challenges and internal board disagreements.
California Civil Rights Department sues Tesla over Fremont racial discrimination
Dozens of Black employees at Tesla's Fremont plant allege racial discrimination, prompting a lawsuit by California. The trial could have significant implications for the company.
Tom Brady invests in eMed, named founding chief wellness officer
Tom Brady's $200 million investment in eMed has propelled the AI healthcare startup's valuation beyond $2 billion, marking a significant expansion in his business interests.
Almost $200B US AI data center projects stall amid opposition
Nearly $200 billion worth of data center projects faced delays or were blocked in the first half of 2026, as local communities increasingly oppose their development.
India unveils new GDP series with 2022-23 base year
India's revamped GDP calculation now integrates extensive corporate filings and GST data, enhancing the precision of private sector activity estimation and industry classification.
Government plans to end small value UPI subsidies, reinstate MDR
The government is considering ending subsidies for low-value UPI transactions as banks and payment companies start earning from MDR on larger payments.
Jamie Dimon urges predictable rules and backs RBI $132B plan
JPMorganChase CEO Jamie Dimon asserts that AI is a genuine investment opportunity, predicting it will eventually yield returns similar to the transformative impact of the Internet.
Gold down 0.6% to $4,350.39 on dollar gains, rate-hike fears
Gold prices fell to $4,350 as the U.S. dollar strengthened and traders anticipated an 88% chance of another Federal Reserve rate hike, impacting bullion's appeal.
Delhi DTC drivers threaten strike escalation over ₹2,000 daily demand
The Karamchari Ekta Union warns of intensified strikes on September 28 if demands for better wages and benefits for DTC contractual drivers remain unmet.
Samsung C&T, Kairos Power to build Google 50MW nuclear reactor
Kairos Power has partnered with Samsung C&T, receiving up to $100 million in equity and engineering services to build a 50-megawatt demonstration reactor for Google by 2030.
Nirmala Sitharaman says new UPI MDR will not affect customers
Union Finance Minister Nirmala Sitharaman confirmed that the new Merchant Discount Rate (MDR) on certain UPI transactions will not be passed on to consumers.
NSE set to launch IPO, holds roughly half unlisted volume
The National Stock Exchange's upcoming IPO is set to significantly boost India's primary market while potentially diminishing the thriving trade in unlisted shares on Dalal Street.
India's core sector growth slips to 4.8% in August
India's core sector growth has slowed down to 4.8% year-on-year in August 2026, a decline from the 5% recorded in July.
ONGC just found gas off Odisha coast
State-owned Oil and Natural Gas Corporation (ONGC) has made a significant gas discovery at its MN-DW18-1-H-D deepwater well in the Mahanadi Offshore Basin, off the Odisha coast.
Bombay HC hearing Volkswagen's $1.4B tax dispute on October 21
The Bombay High Court has ordered a fresh hearing in Volkswagen's $1.4 billion tax dispute with Indian authorities, starting October 21.
This auto-parts maker is planning $400M IPO in India
Carlyle Group is gearing up for an initial public offering (IPO) of its Indian auto-parts platform, Highway Roop Precision Technologies.
Why Tata Trusts and Tata Sons are having a clash
The ongoing conflict between Tata Trusts and Tata Sons over N Chandrasekaran's reappointment as chairman has escalated into a legal battle.
RBI eases KYC rules for FPIs: How it affects you
The Reserve Bank of India (RBI) has simplified the know your customer (KYC) process for foreign portfolio investors (FPIs) at rural and urban co-operative banks.
Nothing makes CMF an Indian company, targets 100M phones
Nothing, the consumer electronics brand founded by Carl Pei, is spinning off its CMF sub-brand into a separate entity in India.
Starbucks to set up 1st corporate tech hub outside US
Starbucks Corporation, a global coffee retail giant, is all set to establish a Global Capability Center (GCC) in Tamil Nadu.
India's crude oil import bill jumps 48% to nearly $75B
India's crude oil import bill has witnessed a massive 48% jump, hitting $74.8 billion during the April-August period.
Nifty could climb to 27,000 by January, says JPMorgan
JPMorgan's Rajiv Batra has predicted that the Nifty index could reach around 27,000 by the end of January.
NSE IPO GMP drops to 3% on final subscription day
The National Stock Exchange (NSE) of India is gearing up to debut on the stock market with its ₹22,561.57 crore initial public offering (IPO).
Misusing SIM cards? You can be jailed for 3 years
The Department of Telecommunications (DoT) has issued a stern warning to mobile users about the potential legal consequences of SIM card misuse.
This gas distribution company wants to raise ₹3,100cr via IPO
GAIL Gas Limited has started the process of appointing investment banks for an initial public offering (IPO) that could raise up to ₹3,100 crore, as per Mint.
India-New Zealand FTA to come into effect on October 20
The India-New Zealand Free Trade Agreement (FTA) will come into effect on October 20, after both countries completed the necessary domestic procedures to ratify it.
Xi Jinping US visit: Rare-earth magnets could be in focus
Chinese President Xi Jinping is set to embark on a three-day official visit to the US, his first in over a decade.
Sensex jumps over 500 points: What's behind today's rally?
India's benchmark equity indices, the Sensex and Nifty, opened on a positive note today.
China slows humanoid robot IPO rush amid valuation concerns
China's regulatory authorities are slowing down the rush of humanoid-robot companies looking to go public, according to Reuters.
Volvo names Klaus Zellmer as new chief
Volvo Car AB has announced the appointment of Klaus Zellmer as its new president and chief executive officer.
Oracle layoffs: Severance terms emerge as India cuts affect 3,000
Oracle has announced another round of layoffs as part of its global workforce reduction strategy.
Apple's first layoffs under John Ternus hit Fitness+ team
Apple has initiated a fresh round of job cuts targeting its Fitness+ division, marking the first known layoffs under newly appointed CEO John Ternus.
Indian oil firms losing ₹20 on diesel per liter
India's petrol price benchmark has hit a 50-month high of $133.05 per barrel this month, according to industry officials and official data.
Microsoft CEO to attend White House dinner for Xi Jinping
Microsoft CEO Satya Nadella will attend a White House state dinner for Chinese President Xi Jinping this week, according to Bloomberg.
Gold falls as inflation worries fuel rate hike fears
Gold prices witnessed a dip in early Asian trading on Monday. The decline comes amid rising tensions in the Middle East and persistent inflation concerns, which have heightened expectations of interest rate hikes.
US diesel prices hit record high, crossing $6.5 per gallon
The United States is witnessing a major spike in diesel prices, with the average nationwide rate hitting $6.505 per gallon on Saturday, according to the American Automobile Association.
SoftBank launches $11B bond sale to fund OpenAI investment
SoftBank Group has launched over $10 billion worth of bonds to fund its investment in OpenAI.
UPI MDR proposal: 5% of collections to help small merchants
The National Payments Corporation of India (NPCI) has proposed a dedicated fund, financed from Merchant Discount Rate (MDR) collections, to support small merchants and expand digital payment infrastructure in smaller cities.
Delaware ruling could shed new light on Fox's corporate history
A Delaware judge has ordered Fox Corporation to hand over documents sought by shareholders in a lawsuit examining how Rupert Murdoch and other directors handled major scandals at the company and its predecessor businesses, NPR reported on the order.
'Invalid': Tata Trusts rejects board's reappointment of N Chandrasekaran
Tata Trusts has challenged the reappointment of N Chandrasekaran as the Chairman of Tata Sons.
Why Saudi Arabia quit cross-border payments platform led by China
Saudi Arabia has withdrawn from mBridge, a China-led cross-border payments platform.
Why India's hiring is shifting to tier 2, 3 cities
India's hiring landscape is witnessing a major shift, with small cities emerging as key talent hubs.
Surveillance tech firm Flock offers 'generous' buyouts to reduce workforce
Flock Safety, a controversial surveillance technology firm, has announced a "generous" severance package for employees willing to leave voluntarily.
Global semiconductor firms ramp up India presence amid Semicon 2.0
The Semicon India 2026 event has drawn major global semiconductor companies, including ASML, Applied Materials, and Lam Research.
SBI issues advisory ahead of nationwide bank strike
The State Bank of India (SBI) has issued a customer advisory ahead of the nationwide bank strike proposed by the United Forum of Bank Unions (UFBU) from September 28 to 30.
Why Indian Oil's new independent director has quit
Alka Mundra has resigned as an independent director of the Indian Oil Corporation (IOC) just five weeks after her appointment.
India's exports to core BRICS nations soar by 34%
India's exports to core BRICS countries, China, South Africa, Brazil, and Russia, have witnessed a massive 34% jump in the first five months of FY2026-27.
Meet Ravi Reddi, JPMorgan's new India head of M&A
JPMorgan, a leading investment bank, has appointed Ravi Reddi as the new head of Mergers and Acquisitions (M&A) for India.
Why Tata Trusts has hired top lawyer Abhishek Manu Singhvi
Tata Trusts has roped in senior advocate Abhishek Manu Singhvi to represent them legally, as the feud with Tata Sons intensifies.
These 6 IPOs will hit Dalal Street next week
Six mainboard companies are gearing up for initial public offerings (IPOs) next week.
FMCG goods unlikely to become costlier this festive season
Despite rising commodity prices, including sugar, and geopolitical disruptions, Fast-Moving Consumer Goods (FMCG) firms are likely to maintain their prices through the festive season.
Why NCLAT is concerned over Supertech's stalled housing projects
The National Company Law Appellate Tribunal (NCLAT) has expressed concern over the delay in construction work at Supertech Ltd's stalled housing projects in India.
FPIs withdraw ₹20,974cr from Indian equities this September
Foreign portfolio investors (FPIs) have pulled out ₹20,974 crore from Indian equities in September.
LPG subsidy: Aadhaar biometric authentication mandatory from October 1
The Indian government has made Biometric Aadhaar Authentication (BAA) compulsory for domestic LPG consumers who want to continue receiving subsidized refills.
Paramount might be able to acquire Warner Bros soon
Paramount Skydance is in advanced talks with California officials to settle a lawsuit challenging Warner Bros. Discovery's acquisition.
Bank holidays in India next week: Check city-wise list
Major banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, and Punjab National Bank (PNB) will be closed for up to four days next week.
SpaceX's Nasdaq 100 stake to more than double to 2.8%
SpaceX's stake in the Nasdaq 100 will more than double to 2.82% after Monday's quarterly rebalance, data from Bloomberg shows.
Dholera semiconductor plant to produce India's first wafer by 2028
India's first semiconductor fabrication plant, located in Dholera, is expected to produce its first wafer by 2028.
Volkswagen may cut another 4,100 jobs at Porsche
Volkswagen is considering another round of job cuts at its luxury brand Porsche, according to German business daily Handelsblatt.
India's GDP to reach $38 trillion: NSA Ajit Doval
National Security Advisor (NSA) Ajit Doval has predicted that India's Gross Domestic Product (GDP) will grow from the current $4.015 trillion to a whopping $38 trillion in the next two decades.
India to generate 2.5L seasonal, gig jobs this festive season
India is expected to create between 2-2.5 lakh seasonal and gig jobs during the July-December festive season of 2026, a report by NLB Services has said.
AI cloud provider Nscale files for US IPO
Nscale, a cloud provider that specializes in infrastructure for artificial intelligence (AI) models, has filed to go public on the New York Stock Exchange.
FTAs are opening new markets for India's youth: PM Modi
Prime Minister Narendra Modi has emphasized the role of Free Trade Agreements (FTAs) in creating new markets and career opportunities for India's youth.
Sugar, onion prices stabilize after government intervention
The prices of essential commodities, sugar and onion, have stabilized over the past week.
US now accounts for 54% of India's software services exports
India's software services exports witnessed a growth of 8.2% to $221.4 billion in the fiscal year 2025-26 (FY26), excluding sales by overseas affiliates of Indian companies.
Anthropic targets November IPO at potential $2T valuation
Anthropic, the developer of Claude, is gearing up for its initial public offering (IPO) in November.
OpenAI expects $278B cash burn in next 5 years
OpenAI, the company behind ChatGPT, is expecting to burn through a massive $278 billion in cash between 2026 and 2030.
Oracle's $18B data center debt faces pressure amid local opposition
Oracle's $18 billion debt linked to a data center in New Mexico is facing pressure, the Financial Times reported.
Anthropic's annualised revenue may top $100B this year
Anthropic, the AI company behind Claude, is projected to surpass an annualized revenue of over $100 billion this year, as per a New York Times report.
AI could double US GDP growth by 2027: Elon Musk
Tesla chief executive Elon Musk has predicted that artificial intelligence (AI) could significantly boost the US economy.
Key executives leading Berkshire Hathaway's $1 trillion+ empire
Warren Buffett has officially stepped down as the chairman of Berkshire Hathaway, a move that marks a major shift in the company's leadership.
Tata Sons faces legal fight as Trusts challenge Chandrasekaran's reappointment
The ongoing dispute between Tata Sons and Tata Trusts over N Chandrasekaran's reappointment as executive chairman could escalate into a long-drawn legal battle.
Ryanair CEO apologises after comparing competitors to rapists
Ryanair's Chief Executive Officer (CEO) Michael O'Leary has apologized for his controversial remarks comparing rival airlines to "rapists."
Centre to oversee UPI MDR charges daily from October 15
The Indian government has announced that it will start monitoring the Merchant Discount Rate (MDR) for Unified Payments Interface (UPI) transactions on a daily basis, starting October 15.
India's crude oil imports fall over 11% in August
India's crude oil imports last month fell by over 11% from July, amounting to 19.01 million metric tons, government data revealed today.
FSSAI takes legal action against Nestle India over infant products
The Food Safety and Standards Authority of India (FSSAI) has launched legal action against Nestle India for multiple violations of the Food Safety and Standards Act.
Incentives for BHIM-UPI, RuPay debit card transactions might be removed
The Indian government is planning to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions.
Warren Buffett named chairman emeritus of Berkshire Hathaway
Warren Buffett, the legendary investor and Chairman of Berkshire Hathaway, has stepped down from his position.
TRAI's new rules will improve spam detection in India
The Telecom Regulatory Authority of India (TRAI) has updated its regulations to tackle unsolicited commercial communications (UCC).
India's net direct tax collection up 13% to ₹12.1L crore
India's net direct tax collections have increased by a whopping 12.96% year-on-year, reaching ₹12.12 lakh crore as of September 17, for the financial year 2026-27.
MuscleBlaze maker is planning ₹2,800-3,800cr IPO in India
HealthKart, a leading brand in fitness supplements, is mulling an initial public offering (IPO) to raise between $300 million and $400 million (₹2,800-3,800 crore), as per Mint.
FCC approves foreign investment in Paramount Warner merger with restrictions
The US Federal Communications Commission (FCC) has approved a request from Paramount and Skydance to allow foreign investors to participate in their $110 billion acquisition of Warner Bros. Discovery.
Chinese AI firms lag far behind OpenAI in revenue
China's leading artificial intelligence (AI) firms generate only about 10% of the revenue reported by OpenAI alone, a new analysis from Rhodium Group has revealed.
Shapoorji Group chairperson backs listing of Tata Sons
Shapoorji Pallonji Group Chairman, Shapoor Mistry, has welcomed the Reserve Bank of India's (RBI) listing decision on Tata Sons.
India's GDP to grow 7% in FY27, says Moody's
Credit ratings agency Moody's has revised India's real Gross Domestic Product (GDP) growth forecast for the current fiscal year from 6% to a more optimistic 7%.