30 C 
India RBI faces about $11 billion bill on foreign deposits plan
India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come
Indias top five banks by market capitalisation delivered sharply different returns over the past year. While HDFC Bank fell 26%, SBI gained 26%,
Aditya Birla Group forays into wires and cables business
With an investment of 1,800 crore, Ultravolt will be the second largest player in the wires segment by capacity, the company said.
Supreme Court disposes of SEBI appeals against NSE in co-location, dark fibre cases
In July, SEBI had accepted two settlement applications filed by the NSE for an aggregate amount of about 1,492 crore. Of this, about 1,224 crore
War-related supply chain shocks new normal for Indian pharma: Pharmexcil chief
Despite severe supply chain disruptions from conflicts in West Asia, Indias pharmaceutical exports grew 6.8% in Q1 FY27, backed by strong interna
Mutual fund expense ratios can vary sharply even within the same category. Active funds generally show wider cost spreads than passive funds. Inv
Karnataka withdraws Bill allowing 5% park land for public purposes
The government will seek public suggestions before reconsidering provisions covering the lease, sale and other forms of park land alienation
Cohance Lifesciences to invest $18 million in NJ Bio, Aruka Bio
The investments will bring research, manufacturing and next-generation ADC capabilities together as Cohance expands its end-to-end CRDMO offering
US 30-year mortgage rate climbs to 6.71%, highest since July 2025
Higher borrowing costs are adding to affordability pressures for US households, while recent inflation data could influence the Federal Reserves
86 lakh crore Q1 GDP estimate of last year based on old methodology
The fact that we didnt have an upward revision to Indias FY26 GDP numbers under new methodology shows we are doing a good job covering all sector
Watch: 7.8% GDP: real or fake recovery? | Business Matters
Indias latest Gross Domestic Product numbers seem impressive. Growth exceeded RBIs own estimate of 7% for the April-June quarter. How did this ha
Tea Board, ISRO and NIT Rourkela to develop AI system for tea plantation monitoring
The research project will combine satellite and UAV data with weather and field observations to address crop stress, pests and yield estimation.
US trade deal finalisation hinges on tariff edge over competitors: Piyush Goyal
Negotiations over the first phase of the proposed bilateral trade agreement initially outlined earlier this year have slowed
India and Belgium sign defence agreements to boost industrial and military ties
Defence agreements inked include for rockets, vessels, armoured platform tech
HDFC Bank garners nearly $12 billion through FCNR-B deposits under RBI swap window: Report
The deposits were raised at an interest rate of 6.25%, and they could provide a significant boost to the private lenders foreign-currency resourc
Storage in 30% of Indias key reservoirs tops 80% of capacity
Level increases to 57% of 183.565 BCM capacity as it tops 80% in central and western regions; 13 reservoirs brimming
A comfortable lifestyle may obscure financial issues. These 10 signs indicate that you're poor, no matter how much you earn.
SEBIs proposed review is aimed at addressing the concerns raised during the initial phase of CAS implementation while incorporating feedback from
Avalon Technologies and Zollner Elektronik AG ink JV for a new EMS facility near Chennai
Under the terms of the JV, Zollner will initially hold 51%, with an option for Avalon to own the controlling stake three years after the commence
Ramco Systems signs MoU to integrate Safran Helicopters engine data with its aviation software
As part of the MoU, the companies will work on enabling engine configuration, usage metrics, and maintenance events to be automatically ingested
8th pay commission: How level 8 staff could earn up to Rs 28.89 lakh extra in 10 yrs
Employee bodies have argued that the current 3% annual increment is not sufficient to keep pace with rising expenses. Their recommendations have
I&B Ministry notifies revised draft rules of unified regulatory framework
Through these draft Rules, the Ministry is proposing to bring satellite television channels, DTH, HITS, private FM radio, community radio and IPT
Compass Group India cuts food waste to 3% using AI-led kitchen operations
The companys 2025 sustainability initiatives also included wider food waste tracking, increased electric vehicle use and expanded renewable energ
Expect right balance on regulations for affordability to continue: Maruti Suzuki MD
Destination is clear, question is only about bringing more clarity and bringing more alignment, says SIAM President Shenu Agarwal
Calcutta exchanges unlisted shares double on revival hopes
Calcutta Stock Exchange shares have more than doubled in the unlisted market in three months as hopes of a revival gain momentum. The exchange is
Reverse migration rethink: US-based Indian tech talent may be looking homeward
US-based Indian tech talent faces visa uncertainties, prompting many to reconsider returning to Indias growing job market.
Bluehill leads 10.2 cr seed round in semicon metrology startup Makr Microsystems
The Fund is looking beyond the most visible parts of the semiconductor value chain to back frontier technologies that can become critical infrast
SEBI to review CAS-based settlement price mechanism for derivatives
Consultation paper on revised methodology will be issued in a week
Bank holiday on Janmashtami: Where are banks closed on Sept 4, 2026? Check list
Indian banks across various states will be closed on September 4 to observe Krishna Janmashtami. Customers should be aware that further closures
A stocks low valuation may look attractive, but it can sometimes signal deeper problems in the business. Here are eight ways a seemingly cheap st
Sensex puts surge as closing auction sees 2,100-point swing
Since its introduction on August 3, CAS has seen sharp price swings and divergence due to a lack of participation.
ChatGPT, Gemini and Claude face major service disruptions globally
Thousands of users reported difficulties accessing leading AI services on Thursday, with outages affecting websites, applications and response ge
Labour law reforms require more rigour than in evidence
Ahead of Market: 10 things that will decide stock market action on Friday
The Indian stock market closed lower Thursday, with Sensex down 417 points and Nifty falling 41 points, pressured by high oil prices, bond yields
Fosun Pharma plans to divest 5% equity in Gland Pharma through a Rs 2,279.5 crore block deal at Rs 2,763 per share. Gland Pharma reported a 47% r
GDP data is not fudged, but the optics are really bad, says Pronab Sen
Fully disclosing data coverage, gap-filling techniques, and sampling methodologies will address data concerns and restore confidence
Parliamentary panel flags punitive tax regime, seeks data on new Income Tax Acts Impact
Parliamentary Standing Committee members question heavy-handed enforcement, compliance glitches and widening reliance on individual taxpayers
India, Belgium set to double bilateral trade from $13 billion in 5 years
An investment fast-track mechanism is being set up to promote Belgian investments in India
Trinamool seeks urgent meetings with President, Governor to flag utter lawlessness in Bengal
Videos shared by the Trinamool Congress leaders showed three to four masked men removing equipment from the office at Camac Street, with shattere
Government likely to issue social media code of conduct for officers, employees
The proposed rules could apply to all government employees, irrespective of rank, with guidelines aimed at preventing undesirable posts across pl
CCI finds benchmark fee fixing by trustees association, others
The findings followed an examination of meeting minutes and email exchanges involving the Trustees Association of India and other trusteeship com
Supreme Court disposes of SEBI pleas against NSEs co-location, dark-fibre cases
A 1,491-crore settlement clears the key regulatory overhang for the IPO, but the former officials legal position remains separate
PayPal cuts roughly 220 jobs in India as part of turnaround plan
PayPal is targeting $400 million in cost savings by year-end and at least $1.5 billion over the next two to three years
VOC Port floats RFP for DPR on 2,500-acre greenfield shipbuilding cluster
The project aligns with Indias Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047 to expand shipbuilding capabilities
IT firms explore model routing to manage cost and complexity
Experts believes that the same frontier lab can have a suite of multiple models with different cost and capability implications
Indian Energy Exchange records highest-ever monthly electricity volume in August
The average market clearing price rose 22 per cent in the Day-Ahead Market and 30.4 per cent in the Real-Time Market.
Quant MF raises IT services exposure, goes underweight on manufacturing: Key takeaways for investors
Quant Mutual Fund has changed its sector positioning by increasing its allocation to IT services in August 2026. The fund house remains positive
Growth must never come at the cost of underwriting standards: RBI Dy Guv Murmu tells NBFCs
Lenders need rigorous stress testing, early-warning systems and dynamic provisioning, while AI and machine learning tools should be used more to
ESIC targets delivery reforms to extend social security net to gig workers
According to the DG, there are 4 four crore insured persons and if their families are included, the figure goes up to 16 crore which is 12% of In
West Bengal anti-corruption panel searches firms co-owned by former Kolkata mayor Firhad Hakim
The anti-corruption commission was established by the BJP government under retired Justice Biswajit Basu
Prepare for stricter norms on ICE vehicles: Government to auto industry
Need to push electric in a big way, Tarun Kapoor, Advisor to the PM, says at the SIAM convention in New Delhi
Thales, Bharat Forge subsidiary sign pact to explore 70-mm rocket systems
The collaboration aims to create indigenous capabilities for domestic requirements and international opportunities while strengthening India-Belg
UltraTech Cement launches Ultravolt with 1,800 crore investment, targets No. 2 spot
The new business will initially roll out across more than 500 districts and 6,000 pin codes, supported by over 20 warehouses.
Gig workers facing fatigue, stress and health risks: report
The nationwide study covered 1,000 platform workers across 10 cities
Kalyani Strategic Systems signs MoU with FN Herstal
To establish local manufacturing of small arms and C-UAS systems
Ramco Systems signs MoU with Safran Helicopter Engines
To collaborate on integration of Safran's engine data with Ramco Aviation Software
CreditAccess Grameen successfully raises Rs 300 cr via NCDs
CreditAccess Grameen has successfully raised Rs 300 crore in September 2026 through private placement of non-convertible debentures (NCDs). The i
GDP revision being misread, says MoSPI Secy
Neelkanth Mishra shocked by controversy on growth numbers
Brokers Call: UltraTech Cement (Buy)
Choice Institutional Equities
Can one co-owner be taxed alone on property value and stamp duty difference? What ITAT says
The ITAT delivered asignificant ruling in the case of a Mumbai taxpayer who, in 2017, purchased a flat jointly with his wife in Chembur. The actu
CEA suggests separate group of TPPs to reduce equipment stress during flexible operations
Constant ramp up and ramp down creates wear and tear in plant equipment like boilers and turbines
Tyson Foods cuts annual profit forecast again as beef pressure drains margins
Tyson Foods has revised down its profit and sales targets for fiscal 2026 due to rising challenges within the beef segment. The company anticipat
Campbell's forecasts weak year ahead on pressured consumer spending
Campbell's is aiming for substantial cost savings by 2030, after announcing a cut to its quarterly dividend to focus on debt reduction. In a surp
US Fed's Christopher Waller appeals to 'give disinflation a chance', hold rates steady
Federal Reserve Governor Christopher Waller expressed openness to steady interest rates, contingent on forthcoming inflation indicators showing a
Nepalis pin hopes on 'wall of the missing' in hunt for relatives after deadly flood
More than 4,200 unaccounted for and 1,200 dead after glacier collapse; some families cremate straw effigies
NSE shares see surge in grey market volumes amid listing hopes
Retail investors return to NSE unlisted market as IPO hopes brighten
US trade deficit widens 24.4% to $88.6 billion in July
Imports of capital goods reached a record high, reflecting strong increases in computers, accessories and semiconductors linked to AI investment
Construction equipment industry could return to double-digit growth if project spending accelerates
Krishnan mentioned that Volvo CEs strategy is increasingly focused on India-centric products and higher localisation
HCLTech, Transport for NSW partner to explore AI-driven traffic insights in India
HCLTech will explore the integration of Sarvams multilingual foundation models with SCATS. The initiative is aimed at enabling traffic operators,
HCLTech, Transport for NSW partner to explore AI-driven traffic insights in India
HCLTech will explore the integration of Sarvams multilingual foundation models with SCATS. The initiative is aimed at enabling traffic operators,
Coffee prices set to stay firm as El Nino, supply risks mount
BMI revises upwards average prices for 2026 at 307 cents per pound
US is no longer the only choice: 7 countries giving Indians new routes to study, work and settle
FCNRB deposits: Why bank investors should watch RoE, not just NIM
FCNR(B) deposits could boost banks return on equity despite a mild impact on net interest margins, according to Anand Rathi. Exemptions from rese
For Indian freelancers, the invoice value of an overseas client payment may not be the amount that reaches their bank account. FX conversion marg
Nvidia to buy Hugging Face for $12.93 billion in major AI bet
Hugging Face offers AI models, datasets, software libraries and cloud services used to build and deploy artificial intelligence applications
Several states including Punjab, Karnataka, Maharashtra, Madhya Pradesh, Himachal Pradesh, Gujarat and Chhattisgarh have already banned analogue
Crude fears cap Niftys gap-up; rupee posts biggest single-day gain since July
The rupee gained 49 paise as massive inflows from the RBIs concessional swap scheme far exceeded market expectations, analysts said
US stocks today: US stocks rise as Waller signals openness to holding rates steady
US stocks traded higher as Fed Governor Christopher Waller said he could support holding interest rates steady if inflation continues to cool. In
US stocks today: US stocks open higher after Fed's Waller signals patience on rate policy
Wall Streets main indexes opened higher on Thursday after Federal Reserve Governor Christopher Waller said he was open to keeping interest rates
For the Complete Man, suits are no longer enough
The apparel maker is reshaping its House of Brands around casualisation and premiumisation
Melting Pot Food Products ropes in Chef Harpal Singh Sokhi as investor, brand ambassador
The partnership will see the celebrity chef contribute to product innovation, recipe development and restaurant-style Indo-Chinese cooking for ho
SEBI plans net settlement of MF cash market trades
The move to ease liquidity pressure on schemes: the proposed framework would allow netting only for outright transactions, which means either a p
Tamil Nadu plans Olympic City in Chennai, Motor Sports City in the State to boost sports tourism
Chief Minister C Joseph Vijay announced the initiatives in the Tamil Nadu Assembly on Thursday under Rule No. 110
