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Adani overtakes Ambani as India's richest, M3M Hurun lists ₹9.23L/cr
Gautam Adani has reclaimed the top spot on the M3M Hurun India Rich List 2026, surpassing Mukesh Ambani with a wealth of Rs 9.23 lakh crore.
Raymond subsidiary wins fighter aircraft parts contract using customer infrastructure
Raymond Ltd is expanding into aircraft structures with its subsidiary JK Maini Global Aerospace, which won a tender to assemble parts for an indigenous fighter aircraft programme.
OECD raises India FY27 growth forecast to 7.1% from 6.3%
The OECD has increased India's growth forecast for the current fiscal year to 7.1%, citing resilient domestic demand despite global energy and trade challenges.
Sridhar Vembu urges India to back homegrown AI research
Sridhar Vembu advocates for India's independent approach to AI, emphasizing partnerships without aligning with the US-China rivalry, and calls for investment in foundational R&D.
India to introduce MDR on merchant UPI payments over ₹2,000
Starting October 15, 2026, a new MDR framework will apply to UPI merchant payments above ₹2,000, while person-to-person transfers remain free for NRIs.
Sridhar Vembu urges India to chart its own AI path
Sridhar Vembu, Zoho cofounder, dismisses catastrophic AI predictions and emphasizes India's need for independent AI development and foundational R&D investments.
Raymond stock slips after 52-week high before private placement EGM
Raymond's share price fell over 3% after reaching a 52-week high, yet it has surged 214% in the past six months, driven by investor interest and strategic developments.
BRICS launches 2 working groups to shape global tax rules
BRICS has formed a working group on transfer pricing as global tax rules undergo renegotiation, aiming for a stronger voice in cross-border taxation.
RBI keeps banks open Sunday ahead of UFBU bank strike
Banks will operate on Sunday, September 27, to ensure service availability before a three-day nationwide strike from September 28 to 30, announced by the UFBU.
Singapore core inflation 2.2% in August 2026, nearly 2-year high
In August, Singapore's core inflation rose to 2.2%, marking its highest level in nearly two years, as headline consumer price inflation increased to 2.3% year-on-year.
Tata Mutual Fund launches Titanium Active Asset Allocator Fund
Tata Mutual Fund has introduced the Titanium Active Asset Allocator Long-Short Fund, a multi-asset strategy with a market-neutral approach, closing on October 7.
Yogi Adityanath launches Bharat Taxi and 6% farm loan scheme
Uttar Pradesh CM Yogi Adityanath introduced Bharat Taxi and a reduced-interest farmer loan scheme to boost employment and support small farmers in the state.
Delhi High Court grants Amitabh Jhunjhunwala bail in money laundering
The Delhi High Court has granted bail to Amitabh Jhunjhunwala, citing his health condition, in a money laundering case linked to alleged bank loan fraud.
Airtel Money announces at least $800 million IPO on LSE
Airtel Money, a mobile payments company under Airtel Africa Plc, has announced plans for an initial public offering in London, aiming to raise at least $800 million.
Data center insurance premiums to more than double by 2030
Data centres, crucial yet vulnerable, are driving up insurance premiums as their scale and risks challenge traditional models, with premiums expected to rise significantly by 2030.
BlueStone shares fall over 8.39% despite Q1 14 cr profit
BlueStone Jewellery's stock fell over 8.39% today, reaching a 52-week low amid high trading volume, despite broader market indices opening higher.
Adroit Industries IPO fully subscribed in 2 hours, 1.5x demand
Adroit Industries' Rs 150.7 crore IPO was fully subscribed within two hours of opening, with shares commanding a 20% premium in the grey market.
Motilal Oswal upgrades IDFC First Bank to buy at ₹105
Motilal Oswal Financial Services has upgraded IDFC First Bank to a Buy rating, setting a target price of ₹105, indicating a potential 23% upside from its last closing price.
Subhash Chandra fights tribunal asset freeze amid 6.25cr offer
Subhash Chandra has approached the NCLAT to challenge an NCLT order that restrains him from transferring assets in his personal insolvency case.
India's GDP to grow at 6.9% in FY27: Fitch Ratings
Fitch Ratings has revised its forecast for India's GDP growth in FY27, increasing it from 6.4% to 6.9%.
ADB raises India's FY27 growth forecast to 7% on investments
The Asian Development Bank raised India's FY27 growth forecast to 7% due to strong investment demand, while lowering the FY28 estimate to 7.1% amid global uncertainties.
ECB proposes new EU stablecoin liquidity rules on reserve access
The European Central Bank and EU central banks recommend replacing stablecoin deposit requirements with liquidity criteria to mitigate systematic risks under the MiCA framework.
Symbiotec Pharmalab targets 20-25% revenue and EBITDA growth in FY2026-27
Symbiotec Pharmalab aims for 20-25% growth in revenue and EBITDA by FY27, driven by commercial milestones and a new biotechnology vertical.
Lalithaa Jewellery stock rises 5% to ₹352.80 75% since IPO
Lalithaa Jewellery Mart's share price surged by 5% to ₹352.80, driven by strong retail expansion and a significant rise from its IPO price of ₹201 per share.
Anand Rathi recommends 'Subscribe' for Moneyview Ltd. IPO today
Anand Rathi recommends subscribing to Moneyview Ltd's IPO, highlighting its digital financial services platform and significant user growth across India.
Microsoft cuts 268 Xbox roles, including Halo studios and Bethesda
Microsoft has announced 268 job cuts across its Xbox division as part of an ongoing restructuring, affecting major studios like Halo, Bethesda, and Activision.
HSBC Flash India Composite PMI hits 56.5 in September 2026
India's business activity surged to a four-month high in September, driven by a robust recovery in manufacturing and increased new orders, despite slowing overseas demand.
Nirmala Sitharaman in New Delhi highlights BRICS tax policy role
Finance Minister Nirmala Sitharaman emphasized the importance of BRICS countries ensuring their perspectives are included in shaping new global tax rules for future generations.
Hero Motors IPO oversubscribed 6.66 times, shares jump 6.5%
Shares of Hero Motors climbed 6.5% to ₹89.11 after opening at a discount on the National Stock Exchange, following its $104.2 million IPO.
NCLT pauses Subhash Chandra hearings, seeks CBI view on repayment
The National Company Law Tribunal has requested a response from the CBI regarding Subhash Chandra's repayment plan, delaying further hearings.
ADB forecasts 7% India growth in 2026 despite weather risks
The Asian Development Bank has increased India's 2026 growth forecast to 7%, citing strong domestic demand, but warns that El Nino could impact agricultural yields and inflation.
Brahma AI secures $150 million, valued $2B, aims 1% market share
Brahma AI aims for $1 billion in revenue within five years, focusing on expanding its AI capabilities and market reach, with no immediate plans for an IPO.
MathCo revenue up 23.7% to ₹621cr while PAT drops 94%
MathCo reported a 23.7% increase in revenue to Rs 621 crore in FY26, while its profit declined by 94% due to rising expenses.
Sensex, Nifty climb as crude dip offsets foreign investors selling
Benchmark indices Sensex and Nifty rose in early trade on Wednesday as crude oil prices eased, despite continued foreign investor selling impacting domestic equities.
Rio.ai raises ₹43.08cr pre-Series A led by Version One Ventures
Healthtech startup Rio.ai has secured Rs 43.08 crore in a pre-Series A round led by Version One Ventures, with participation from Xeed Ventures, Good Capital, and Amplify Partner.
SS Retail 47% jump, Jindal Supreme 29% rise pre open
SS Retail and Jindal Supreme saw significant premiums of 47% and 29%, respectively, while Hero Motors debuted at a 2.38% discount to its IPO price.
US financial stocks slide 2% amid AI and yield worries
US financial stocks fell sharply as investors grappled with AI-driven disruption risks and a flatter Treasury yield curve, leading to a 2% drop in the S&P 500 Financial index.
TRAI tells telecom operators to offer shorter validity STVs
The Telecom Regulatory Authority of India (Trai) has directed telecom operators to provide special tariff vouchers with shorter validity for voice and SMS services.
NSE to list September 24 after ₹22,562cr IPO subscribed 5.71x
NSE IPO shares are set to list on the BSE tomorrow, with a grey market premium indicating a modest 2.4% gain over the upper price band of Rs 1,785.
Fitch raises 2026-27 India growth outlook to 6.9% from 6.4%
Fitch Ratings has increased its forecast for India's GDP growth in FY27 to 6.9%, citing the economy's resilience despite challenges from the US-Iran war and inflationary pressures.
Rupee at ₹95.57 after oil drop, U.S.-Iran talks
The rupee opened two paise higher at Rs 95.57 per dollar as oil prices fell below $100, while US-Iran diplomatic discussions at the UN influenced market sentiment.
Alibaba expands AI cloud regions in Turkey, Finland and Netherlands
Alibaba Group is accelerating its data centre expansion in Europe and the Middle East, establishing new cloud regions to enhance AI services amid global competition.
NPCI rolls out MDR on UPI, small payments exempt
NPCI introduces a new fee structure for UPI transactions, aiming to fund innovation and increase adoption while protecting small merchants and low-value payments.
Export-focused Chinese tech stocks outpace domestic peers 36% to 9%
China's AI sector is seeing export-oriented firms outperform domestically-focused peers, driven by strong international demand and intense local competition eroding margins.
Sir Ratan Tata Trust under probe by Maharashtra charity commissioner
Amogh Shyamkant Kaloti, Maharashtra’s Charity Commissioner, plays a pivotal role in adjudicating the governance structure of Tata Trusts, which control 66% of Tata Sons.
S&P Global Ratings raises India's 2026-27 growth forecast to 7%
S&P Global Ratings has increased India's FY27 economic growth forecast to 7% from 6.6%, driven by strong industrial activity, consumption, exports, and government investment.
Jindal Supreme IPO debuts with 31% GMP and 181.07x oversubscription
Jindal Supreme shares debut on BSE and NSE today, with a grey market premium indicating potential listing gains of 31% above the issue price.
ADB: Developing Asia Pacific inflation remains elevated, oil price $90
The Asian Development Bank warns that conflicts and El Niño will drive inflation in the Asia-Pacific region, with rates expected to remain elevated through 2027.
Oil prices drop under $100 as Saudi pipeline restarts
Oil prices fell below $100 a barrel as Saudi Arabia resumed crude supplies through a vital pipeline, while optimism grew over potential diplomatic progress in US-Iran talks.
Gold barely moves to $4,380.90, silver jumps amid U.S.-Iran talks
Gold prices remained largely steady while silver rose over 1% as easing oil prices influenced inflation expectations and the outlook for US interest rates.
Banks revamp UPI strategy as 40bps MDR returns October 15
Banks are revising budgets and product strategies following the reintroduction of MDR on UPI transactions, potentially boosting agent-led payments and business collection tools.
Economic Times HR Excellence Awards 2027 add HR tech category
The ET HR Excellence Awards 2027 spotlight technology providers whose solutions drive measurable improvements in HR, emphasizing verifiable outcomes and client validation.
Oil tumbling: Brent about $98 and WTI under $90
Oil prices fell sharply as Brent crude dropped to around $99 a barrel, marking its sixth consecutive day of declines amid easing West Asia tensions.
Apple reaches $5 trillion market cap after foldable iPhone showcase
Apple is poised to close above a $5 trillion market cap for the first time, driven by rising stock prices and anticipation for the upcoming iPhone Duo release.
Indian rupee closes at 95.59 per dollar as oil falls
The Indian rupee appreciated to 95.59 on Tuesday, aided by a decrease in oil prices and strategic dollar sales by the central bank to stabilize the currency.
Brahma AI raises $150 million to build interactive digital humans
Brahma AI has raised $150 million in a funding round led by Multiples, valuing the company at $2 billion post-money to bolster product development and research initiatives.
RBI deputy governor Rohit Jain warns banks against aggressive lending
The Reserve Bank of India has cautioned banks about engaging in aggressive lending practices amid excess liquidity, fearing potential future risks of sticky assets.
Novo Nordisk targets hair loss using hormone treatment expertise
Novo Nordisk, known for Ozempic, is exploring the hair-loss market to leverage its endocrinology expertise and expand its direct-to-consumer pharmaceutical business.
Ohio-based Accelevation announces IPO plans targeting up to $5.37B valuation
Accelevation, an AI infrastructure provider, plans to raise up to $720 million by offering 30 million shares priced between $20 and $24 in its Nasdaq listing.
Microsoft's new round of job cuts is here
Microsoft has initiated a fresh round of layoffs, impacting some 500 employees.
Adani Group firms settle SEBI's Hindenburg-linked probe for ₹1.5cr
Five companies of the Adani Group have settled adjudication proceedings with the Securities and Exchange Board of India (SEBI) for a total of ₹1.51 crore.
Commercial LPG cylinders are now cheaper in these areas
The price of a 19kg commercial LPG cylinder has dropped by ₹200-₹600 in some rural parts of Uttar Pradesh.
Your flights in India might become costlier this festive season
The Indian government has decided not to impose any cap on airfares for the upcoming festive season. However, airlines will be advised to keep the prices reasonable.
Modi government looking for job sectors that might be AI-proof
India's Commerce Ministry is looking into sectors that could withstand the impact of artificial intelligence (AI) on employment.
Gold falls 7% from August peak: Good time to buy?
Gold prices have witnessed a significant decline of 7.11% from their August peak of $4,658 per ounce on August 25.
Will new MDR rules affect salary payments via UPI?
The Indian government's recent clarification on the applicability of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions has left many employers and households wondering.
Maharashtra: Instamart unit, Amazon warehouse lose licenses in FDA crackdown
The Tukaram Mundhe-led Maharashtra Food and Drug Administration (FDA) has suspended the licenses of 10 businesses, including a Swiggy Instamart dark store in Mumbai.
Tesla faces trial over alleged racial discrimination at California factory
Tesla, the electric car company owned by Elon Musk, is facing a major trial in California.
Snapdeal pivots to value fashion as ₹420cr IPO approaches
Snapdeal, once a leading horizontal e-commerce marketplace in India, is gearing up for its public debut with a new strategy.
AMD crosses $1T market cap for first time
Advanced Micro Devices (AMD) has hit a major milestone by crossing a market capitalization of $1 trillion for the first time.
India's first blue bond launches September 28: What is it?
India's first blue bond will be issued on September 28 by Sagarmala Finance Corporation, the country's first maritime lender.
Mark Zuckerberg's net worth up $25B in a day
Mark Zuckerberg saw his net worth jump by a whopping $25 billion in just one day.
Angel One founder buys Mumbai residential tower for ₹711cr
Dinesh Thakkar, the founder and CMD of Angel One, has agreed to buy an entire residential tower at Embassy Developments' ultra-luxury Embassy Terazza project in Juhu, Mumbai.
India's economy to triple in next decade, says JPMorgan CEO
JPMorgan Chase CEO Jamie Dimon has predicted that India's economy will nearly triple in size over the next decade.
Why Indian refiners may ditch Russian crude imports soon
Indian refiners are considering reducing their imports of Russian crude oil.
Apple stock hits record high on iPhone Duo, Siri AI
Apple's stock price closed at a new record high of $338.98 on Monday, surpassing its previous record close of $338.49.
Paramount settles US lawsuit, clearing path for $110B Warner deal
Paramount Skydance has settled a lawsuit filed by California and 11 other US states over its $110 billion acquisition of Warner Bros Discovery.
Xbox to cut hundreds of jobs this week: Report
Xbox is preparing to lay off hundreds of employees this week, The Information reported.
Sachin Tendulkar-backed Spinny files for ₹3,000cr IPO
Spinny, a used-car marketplace backed by cricket legend Sachin Tendulkar, has filed confidential papers with the Securities and Exchange Board of India(SEBI) for an initial public offering (IPO).
US and China discuss AI, investment as Trump-Xi summit nears
Chinese and US officials have concluded their second day of trade talks in New York.
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.
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'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.