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Yubi Group Launches Yubi Asset Management, and its portfolio management service, Yubi PoleStar
Mumbai (Maharashtra) [India], September 9: Yubi, AI-powered credit OS for financial services, today announced the launch of Yubi Asset Management, its new asset management business, along with its first offering: Yubi PoleStar, a SEBI-registered portfolio management service built for family offices and institutional investors. The launch was announced at Global Fintech Fest 2026, with Gopal Srinivasan, Chairman, TVS Capital Funds and board member, Yubi Group, as chief guest.
House of Tatas set for season of meetings amid leadership uncertainty
Under the Tata Sons Articles of Association (AoA), SRTT and SDTT have to jointly nominate three members to the five-member selection committee.
Comcast Slides After CFO Says Broadband User Losses to Persist
Comcast Corp. shares slid Wednesday after Chief Financial Officer Jason Armstrong said he sees no improvement in broadband subscriber losses in the current quarter, a sign competitors are offering lower prices that lure customers away.
SRG housing loans worth Rs 400 crore may be fictitious: National Housing Bank
The National Housing Bank raised concerns over SRG Housing Finance, identifying potentially fictitious loan accounts. Investigations have revealed that around one-third of the lender's loan portfolio consists of these phantom accounts. The inquiry also indicated possible manipulation regarding non-performing assets and the practice of evergreening. Funds linked to these dubious accounts were allegedly redirected to promoters' entities. This issue surfaces amid heightened scrutiny on smaller housing finance firms.
FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh Chaudhry
Recent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differentials, it's anticipated that domestic interest rates will rise soon. The banking sector is poised for accelerated consolidation in the upcoming years, favoring larger banks that leverage scale and technological innovation. In this landscape, Axis Bank is gearing up to implement AI-driven strategies to enhance customer engagement.
ICICI Prudential AMC gets RBI approval to buy up to 9.95% stake in Kotak and 3 other banks
ICICI Prudential AMC secured Reserve Bank of India approval for significant bank share acquisitions. The approval allows for aggregate holdings up to 9.95 percent in four specific banks. These banks include Kotak Mahindra Bank, AU Small Finance Bank, CSB Bank, and DCB Bank. The acquisitions will be made as an investment manager for various mutual fund schemes. This move provides ICICI Prudential AMC increased investment flexibility across its managed portfolios.
Jacob Coxon, a former Anthropic researcher who also worked at OpenAI, has raised a chilling warning about the rapid development of artificial intelligence. Coxon says AI could soon become superhuman systems capable of hacking anything, transforming entire fields overnight and acquiring real power and resources. Other Anthropic researchers have also warned about the potential risks of advanced AI.
Zuno Gen Insurance promises to cover damage to cars due to blended fuel use
Zuno General Insurance has launched a new product called Fuel Guard. This add-on covers damage to cars caused by blended fuel use. The product offers protection for specified engine and fuel-system components. It is available for cars purchased after April 2023. This initiative supports consumers in a changing fuel landscape.
Karnataka Cabinet clears Negila Yogi scheme, drone testing facility, AI hub
The Karnataka Cabinet approved free cultivation services for farmers owning up to three acres. A drone testing facility will be established in Chikkaballapur for advanced technology. An Artificial Intelligence Hub will be set up at IIIT-B for training and support. Women beneficiaries of the Shakti scheme will receive a new Shakti Smart Card. The state also approved a new textile policy aiming for significant investment.
North Carolina's peatlands, vital carbon stores, are being restored by Pantheon Regeneration. These ancient ecosystems hold twice the carbon of all Earth's forests combined. Draining these lands releases significant greenhouse gases into the atmosphere annually. Pantheon plans to sell carbon credits to fund permanent peatland conservation efforts. This initiative aims to protect these lands from future exploitation and degradation.
The Ukrainian proverb To wait for the weather from the sea highlights a common human tendency. This saying cautions against passively awaiting favorable conditions instead of acting. Patience is valuable, but prolonged hesitation can lead to missed opportunities. The proverb encourages focusing on controllable actions rather than external factors. It ultimately advises making decisions and taking steps forward.
The 9/9 Portal has one last lesson for these 3 zodiac signs, then they can finally move on
For these three Zodiac Signs, that realization could feel surprisingly liberating. The break may not arrive as a dramatic external event. It could simply be the moment when you decide that enough is enough. And sometimes, that is the ending that changes everything.
Indian photonics industry forms association amid AI boom
The newly formed Indian Photonics Association (IPA) estimated that its products, key in AI data centres and telecom networks, would be worth billions of dollars in the country by 2031
Colonel Anurag Upadhyay, a valiant former Special Forces member, is in urgent need of medical and technological expertise after suffering a life-altering stroke in August 2025, which led to locked-in syndrome and significant neurological impairments, including below-knee amputations. His family is appealing for specialists who can assist in his rehabilitation and the development of assistive technologies that could enhance his recovery and foster greater independence.
Frank Sinatra spent $150,000 to build Twin Palms in Palm Springs in 1947, creating a home that would become closely associated with his Hollywood lifestyle. Designed by architect E. Stewart Williams, the modernist estate featured expansive glass walls, open spaces and its distinctive piano-shaped swimming pool. Sinatra originally wanted a Georgian-style mansion, but ultimately chose Williams desert-inspired design.
'They are covering up till now': Sen Johnson puts Fauci on the spot at Canada COVID vaccine hearing
Brie Larson emphasizes that true growth requires an openness to introspection and a commitment to taking responsibility. She reshapes the idea of progress to focus on sincere engagement rather than an instant quest for perfection. Larson's career embodies this practical approach, as she diversifies her roles in acting and directing, with future projects that explore multiple genres across various platforms.
3 Zodiac Signs are about to hit their luckiest stretch of September, and Virgo season is the reason
For these three signs, luck may not arrive as a sudden windfall or an unexpected stroke of fortune. Instead, it could show up as the right circumstances finally aligning with the work they have already put in. After months of uncertainty, delays or feeling overlooked, they may begin to see opportunities emerge that match the skills, effort and preparation they have quietly been building all along.
As the crackdown on immigration-related fraud intensifies, experts warn that this could hinder long-term project delivery and create uncertainty among foreign employees in the US.
Canadians deserve to know: 4-Day COVID vaccine inquiry rocks Canada, US Sen Johnson sounds alarm
Quote of the day by Ellen DeGeneres: I found out what the most important thing is, is to be true to yourself speaks to the quiet importance of authenticity and self-acceptance. That lesson matters when relationships become difficult, failure shakes our confidence, or uncertainty makes us question our choices and identity. The article explores self-understanding, resilience, acceptance, courage, personal freedom and the value of knowing who you are.
Flipkart tests 'Eat In' food delivery, pilots standalone Minutes app
Flipkart is testing Eat In with employees and a standalone Minutes app with select users in Bengaluru, as it prepares for wider rollouts ahead of its festive-season sale.
India is a blueprint for Unilever's emerging markets: global CEO Fernando Fernandez
Meanwhile, Hindustan Unilever CEO Priya Nair highlighted how superior quick-commerce profitability and targeted brand acquisitions are giving the FMCG major a structural edge.
GST growth comparisons cant be 'apples and oranges' says CBIC; hits back at 'misleading' claims
The CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-like basis for meaningful analysis. The compensation cess was discontinued on most items from September 2025. Since then, no compensation cess has been collected by the government. Fair analysis requires comparing comparable datasets for accurate insights.
Amazon reviews Indian state food inspectors' findings after raid
Federal and state officials have raided clubs, restaurants and big brands such as Domino's and McDonald's as part of a nationwide enforcement crackdown in recent months.
PM-KUSUM 2.0 announcement likely soon; agrivoltaics to get dedicated component
Launched in 2019, PM-KUSUM seeks to expand the use of solar energy in agriculture.
E-commerce players reinvent the wheel to keep users engaged
Flipkart, Amazon look beyond shopping as quick commerce eats into users
11 insurers begin Ind AS transition from FY27; IRDAI tracks rest for FY28
It is continuing to facilitate the smooth and consistent implementation of Ind AS across the sector. Also closely monitoring insurers that have been granted forbearance and are scheduled to adopt Ind AS from FY28.
11 insurers begin Ind AS transition from FY27; IRDAI tracks rest for FY28
It is continuing to facilitate the smooth and consistent implementation of Ind AS across the sector. Also closely monitoring insurers that have been granted forbearance and are scheduled to adopt Ind AS from FY28.
Middle East conflict: Fuel retailers lose 5 on petrol, 23 on diesel as crude tops $100
Experts said with escalation in hostilities between Iran and the US, Brent prices have crossed the USD 100 per barrel-mark on Wednesday and the Indian crude basket is at about USD 109 per barrel
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets extended their losing streak for a third day as soaring oil prices and Middle East tensions hurt sentiment. Sensex fell 813 points, Nifty dropped 204 points, and BSE market capitalisation lost over Rs 2 lakh crore amid broad-based selling.
India will lead in AI adoption, scale over next decade: Sarvam cofounder
Sarvam cofounder Pratyush Kumar said India has its own AI models, access to GPUs and a growing talent pool, with financial services set to drive adoption and demand.
Zees Subhash Chandra threatens to sue Meta, Youtube, X, LinkedIn India and HBL for defamation
Chandra seeks removal of content allegedly misstating his borrowing and liability
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MD
Bank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to combat rising cyber fraud. He identified vulnerabilities at both banks and customer levels, while highlighting investments in cybersecurity, AI-based underwriting and cash-flow-based financing for MSMEs.
BoB CEO calls for higher investment in cyber security as threats mount
Bank of Baroda MD and CEO Debadatta Chand said banks need stronger technology investments to tackle cyber threats, while customer risks require greater digital literacy
Government working to allow ethanol blending beyond E20 via flexi-fuel vehicles: Tarun Kapoor
Tarun Kapoor said ethanol production capacity in the country has surpassed requirements for blending, and the industry will need to explore additional uses for ethanol to utilise this surplus capacity fully
IGL to deny CNG to vehicles without valid hydro-test certificates
Govt mandates require that CNG cylinders undergo hydrotesting once in three years.
CEPI funds Punes Immunoscript for freezer-free RNA vaccine
Immunoscript founder, former Gennova Biopharma executive, behind the country's first mRNA vaccine
India lifts ban on JPMorgan Chase & Co unit in index manipulation charge
While the regulator has allowed both entities to trade in India's capital markets, its investigation into the alleged market manipulation will continue.
De Beers sightholder Ankit Gems enters retail market with Eyora Jewels
Eyora Jewels will offer natural diamond solitaires of up to one carat
Industry seeks flexible thresholds recognising consumption patterns and product-category differences
Yotta Data Services to set up Texas-style data centres in Mumbai, Delhi
These single-storey buildings, constructed using steel or prefabricated panels, are expected to come up in five to six months, said Sunil Gupta, Founder
Flipkart enters food delivery, launches seperate app for quick commerce
This comes at a time when the food delivery market is witnessing renewed competition
RBI Deputy Governor Rohit Jain warned financial institutions and fintech firms that rapid adoption of emerging technologies brings risks around speed, concentration and opacity. He said institutions must ensure technology works fairly, reliably and safely for customers, while retaining responsibility for outcomes even when computing, cloud infrastructure or models are outsourced.
Vadodara (Gujarat) [India], September 9: Prime Minister Narendra Modi on Tuesday called upon India's youth to prepare themselves for the rapidly emerging opportunities in Artificial Intelligence (AI), while highlighting the importance of skills, innovation and technology in building a developed India.
The Cabinet Committee on Economic Affairs approved five railway multi-tracking projects costing 10,021 crore, aimed at enhancing rail infrastructure across Tamil Nadu, Andhra Pradesh, Karnataka, and Telangana. The projects are expected to be completed by 2029-30.
Indian exports surge in August as Jazan Refinery outage opens up EU diesel market
The disruption created a lucrative market, with diesel crack spreads in the EU hitting record highs over $74 per barrel.
AI-led personalisation to open opportunities for new startups: Razorpay CEO
Razorpay CEO Harshil Mathur said AI could lower personalisation costs and help startups target niches such as Gen Z payments, HNI wealth management and multilingual platforms.
Licence of 207 insolvency professionals nixed as they flunk fit and proper norm
The latest action brings down the number of such professionals in the country to 4,359 at the end of June, even as eight new IPs got registered during the quarter.
Nexus Select Trust to acquire Guwahati mall, hotel for 1,600 crore
The 1,600 crore deal for the upcoming Galaxy Complex, comprising a mall and Hyatt Regency hotel, marks Nexus Select Trust's entry into Northeast India
Axis Bank plans 32-storey HQ, may split 3,000 staff across Mumbai
Facing space constraints for its nearly 3,000 employees, Axis Bank plans to relocate offices in Mumbai while awaiting a five-year construction of a new headquarters. This situation highlights the ongoing struggle for firms in densely populated cities to find adequate office space.
PhonePe to launch UAE operations in its first international market foray
The fintech major has secured two licences from the Central Bank of the UAE to offer consumer payment instruments and e-payment acceptance infrastructure to merchants.
Axis Bank warns FCNR flood may trigger abnormal lending
Axis Bank's managing director Amitabh Chaudhry warns about the risk of abnormal lending due to record foreign-currency deposits.
Paras Dairy, KIS Group to set up 10 BioCNG plants with 1,000 cr investment
Bengaluru-based KIS Group and Paras Dairy will form a joint venture to set up 10 BioCNG plants with an investment of Rs 1,000 crore. According to a joint statement, KIS Group and Paras Dairy have signed a Memorandum of Understanding (MoU) to set up 10 BioCNG (CBG) plants across Uttar Pradesh, Madhya Pradesh, Maharashtra and other states, with an estimated investment of Rs 1,000 crore. They will form a joint venture (JV) for the proposed BioCNG plants. Under the partnership, KIS Group will be responsible for technology, construction and operation of the plants, while Paras Dairy will be responsible for feedstock arrangement, land and approvals. The MoU was signed at the IBET Expo here. Founded in 2006, KIS Group is a clean technology player specialising in Biogas, BioCNG, and BioLNG solutions. Paras Dairy has plants in Sahibabad, Guloathi and Sandila in Uttar Pradesh, Malanpur in Madhya Pradesh and Newasa in Maharashtra.
Kolkata (West Bengal) [India], September 9: The weight of the Indian schoolchild's bag - a subject that social and cultural activist Sundeep Bhutoria has pressed with the Union Ministry of Education through the past week - was raised from the national stage on 8 September, when Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge) for Education, spoke about the School Bag Policy, 2020, at the International Literacy Day celebration in New Delhi. The Minister's office also posted a short video on X and thanked Shri Bhutoria for highlighting this important matter.
Greenply partners with GreenLine to deploy LNG-powered trucks for outbound logistics
Greenply will leverage GreenLines green logistics network to transport products from its Vadodara facility to destinations across its distribution network.
Bandhan Bank allots 35,768 equity shares under ESOP
IRB Infra records 25% growth in consolidated toll revenue in Aug'26
Commenting on this, Amitabh Murarka, Dy. CEO, IRB Infrastructure Developers said, Our strong toll revenue performance in August 2026 reflects the sustained traffic growth across our assets. The growth in traffic, coupled with the tariff revision implemented at the beginning of FY27, has further supported our revenue performance. He further said, With robust GDP growth indicating sustained economic activity, coupled with the onset of the festive season beginning with the Ganesh Festival, we expect the positive traffic momentum to continue. We remain well positioned to deliver stronger toll revenue growth in the coming months, further strengthening our overall growth momentum.
GFF 2026: Axis Bank CEO Amitabh Chaudhry sees credit growth slowing to 15-16%, flags rate hike risk
Axis Bank CEO Amitabh Chaudhry expects Indias bank credit growth to moderate to 15-16% this year from the current 18-19%, partly due to the base effect and FCNR(B) inflows. He also warned of possible rate hikes in October and December as the India-US interest-rate gap narrows.
GLP-1 boom pushes pharma companies deeper into wellness, nutraceuticals
Beyond weight-loss drugs, pharma players spot fresh opportunities in consumer wellness
Asepto likely to start commercial production of its $126 million greenfield Egypt plant by year-end
The company expects the new plant to operate at around 30 per cent capacity in the first year of commercial operations, increase to 70 per cent in the second year, and reach 100 per cent in the third year
Global Fintech Fest 2026: DFS Secretary Sanjay Lohiya unveils UPI credit for KCC, MUDRA borrowers
DFS Secretary Sanjay Lohiya at Global Fintech Fest 2026 unveiled a facility allowing eligible Kisan Credit Card and PM MUDRA Yojana borrowers to use sanctioned credit limits for merchant payments through UPI. The move could widen digital access to formal credit for farmers and small businesses, with more banks expected to join.
India lifts ban on JPMorgan unit in index manipulation charge
India lifted its trading ban on JPMorgan unit Copthall Mauritius and Mansi Share after they deposited Rs 2.96 crore ($311,230) in alleged unlawful gains. Accused by SEBI of manipulating BSE Sensex closing auction prices to boost options bets, both entities can trade again while the investigation continues
Classic Legends to double capacity to over 200K units by year-end
The Jawa and Yezdi maker will raise capacity from 120,000 to over 200,000 motorcycles by year-end as it prepares for higher domestic sales and exports
Jawa, Yezdi, BSA maker Classic Legends eyes sales of 1 lakh units in FY27 on new-product blitz
Mahindra-backed motorcycle maker strengthens its growth plan with three Jawa All Stars launched in 13 days, four new motorcycles planned for FY27, an expanding 500-plus touchpoint network, and a sharper export focus
FCNR (B) fund deluge could fuel abnormal lending, cautions Axis Bank CEO
Axis Bank MD & CEO Amitabh Chaudhry cautioned banks over deploying excess liquidity, while flagging the possibility of an interest rate hike in the near future
Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potential
Jefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operating leverage. The brokerage expects strong revenue and cash EBITDA growth, but flags funding needs, execution risks and cash outflows.
RBI deputy governor Rohit Jain flags three concerns as technology reshapes finance
The deputy governor warned that speed, concentration and opacity could amplify familiar financial risks and make disruptions spread faster through the system.
ICICIAMC receives RBI approval to pick up to 9.95% stake in AU Small Finance Bank
RBI approves ICICI Prudential AMCs up to 9.95% stake buy in AU Small Finance Bank
The Reserve Bank of India has approved ICICI Prudential Asset Management Company's proposal. This approval allows an aggregate holding of up to 9.95 percent in AU Small Finance Bank. The approval covers various schemes and funds managed by the asset manager. AU Small Finance Bank received the official approval letter on September 8, 2026. This decision is subject to compliance with all relevant banking and financial regulations.
Red Fort Blast: The National Investigation Agency's chargesheet details the extremist literature allegedly accessed and used by the accused in the Red Fort blast case. One of the manuals allegedly contained guidance on explosives, weapons and covert tactics. The NIA has alleged that Umer Un Nabi orchestrated the activities of a revived Ansar Ghazwat-ul-Hind module, coordinating with members through encrypted platforms and helping arrange weapons and other resources for planned attacks.
Chinese tank explodes in Bangladesh, 2 soldiers killed, officer injured. Watch video
Two Bangladesh Army soldiers were killed and an officer seriously injured after a Chinese-origin Type 59 tank reportedly exploded during a field firing exercise at the Hathazari Field Firing Range in Chattogram on Wednesday. According to the Inter-Services Public Relations Directorate, the incident occurred while soldiers were firing from the tank. The cause of the explosion is being investigated.
School holiday tomorrow: On Thursday, September 10, 2026, schools across India will primarily remain functional, with some exceptions due to severe rain in certain regions. While both Odisha and Uttarakhand have not called for state-wide closures, local disruptions are expected. In the Delhi-NCR area, classes will proceed as scheduled, contrary to the confirmed closure for September 11. Parents are advised to stay informed through local updates and weather reports for their area.
APSEZ secures bid to develop, operate two dry bulk berths at Paradip
The 30-year PPP concession will add 18 MMT of capacity to APSEZ's portfolio and strengthen its presence across India's East Coast industrial and mineral hinterland
Quote of the Day by Juliette Binoche If you have everything, then you don't want to go on. It's the lacking that makes you search for something better explores her thought-provoking perspective on desire, ambition and gratitude. Her words offer a powerful reminder that the things we still want can give life purpose, motivation and meaning.
'He is a loser!': Sununus Trump U-turn pays off! Wins GOP primary, faces Pappas in NH Senate race
Emotional disclosure can help people organize and process difficult experiences, and social support can reduce the impact of rumination. However, disclosure is not universally beneficial, and choosing the right person and context matters.
Sebi fines two Jindal Steel designated persons for trading-window violations
Sebi has fined two designated persons of Jindal Steel & Power Rs 1 lakh each for trading in the companys shares and stock options during the trading-window closure period. The regulator also found that they executed trades above the prescribed threshold without obtaining pre-clearance, in violation of the companys insider trading code.
INR slumps beyond Rs 95/$ mark as Brent crude futures cross the USD 100 per barrel mark
The Indian rupee slumped by 34 paise to close at 95.08 (provisional) against the American currency on Wednesday as crude prices crossed the USD 100 per barrel mark, stoking concerns over inflation and high forex outflows. Weak equity markets and FII outflows also pressurised the rupee. Brent crude futures surpassed USD 100 a barrel for the first time in almost six weeks after attacks on oil facilities and ships in West Asia threatened to weaken the already strained supply chain amid the US-Iran tensions. Brent crude was trading higher by 2.5 per cent at USD 100.5 per barrel. Indian shares fell for a third consecutive session on Wednesday due to renewed tensions in the Gulf region and concerns over a possible interest rate hike by the U.S. Federal Reserve. The BSE Sensex and NSE Nifty 50 tumbled sharply with the Sensex plunging 813.35 points to close at 74,764.23 and the Nifty dropping 203.60 points to finish at 23,431.50.
A major retrospective of Yayoi Kusama's work opens at Amsterdam's Stedelijk Museum. This exhibition serves as a posthumous tribute to the artist who died at ninety-seven. Kusama's seven-decade career is celebrated through diverse artistic mediums and installations. The show features her signature polka dots and immersive mirrored rooms. This exhibition is the final stop of a European tour which outlived her.
Tata Capital announces change in senior management
With effect from 01 October 2026
Cummins India to showcase its advanced solutions at bauma CONEXPO India 2026
Wipro collaborates with CrowdStrike to launch CISO Command Center
To help enterprises create proactive, risk-informed cyber resilience
SFIO recommends detailed probe into Xiaomi's business, FDI compliance
The recommendation said the investigation should examine movement of funds and whether Xiaomi sought mandatory investment approvals as required after India tightened scrutiny of Chinese investments
Kanohar Electricals IPO subscribed 10.22 times
The offer received bids for 11.95 crore shares as against 1.16 crore shares on offer.
Pranav Constructions IPO subscribed 121 times
The offer received bids for 271.80 crore shares as against 2.24 crore shares on offer.
Quote of the day by C. S. Lewis: C.S. Lewis believed growth requires embracing change and leaving comfort zones. He compared people to eggs needing to hatch to realize their potential. Lewis, an Irish-born scholar, wrote many influential books including Narnia. His life journey included atheism, conversion to Christianity, and later grief.
Sebi proposes wider pool of MII board candidates, SOP for key officials
Sebi has proposed governance reforms for market infrastructure institutions, including relaxed director eligibility rules and standardised requirements for four key management roles. The proposals aim to widen access to expertise while strengthening technology, cybersecurity, compliance and risk management across MIIs.
0.05C: Indias global warming share trails US & China, but the heat is on
India's contribution to global warming is less than major emitters like the US and China. Research shows India's warming contribution has significantly increased after 1990. Carbon dioxide from fossil fuels drives most of India's emissions. Agriculture contributes significantly through methane and nitrous oxide gases. India faces severe consequences despite its lower warming contribution.
The United States was once known as the United Colonies during its revolution. Official documents began using 'United States' in September 1776. Alternative names like Columbia and Appalachia were also considered. The Articles of Confederation emphasized state sovereignty over national unity. The Constitution later shifted this balance towards a unified people.
