30 C 
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
Bank unions to go ahead with 11 September strike as talks with govt fail
The United Forum of Bank Unions (UFBU) has said it will not defer the strike unless there is a favourable decision or a definite timeline on its principal demand for a five-day banking week.
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
KARAM Safety secures 600 crore investment from Motilal Oswal Alternates, eyes global expansion
The investment is expected to help KARAM expand its scale, strengthen its capabilities and increase its presence in overseas markets.
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.
Amazon to raise over $5 bn in first sterling bond sale, lead managers say
Amazon saw over 12 billion pounds in demand for the four-part deal, which will is expected to raise 1 billion pounds each from 3-, 6-, 12- and 19-year bonds
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.
WhatsApp eyes programmable payments as next leg of UPI journey: Meta
Meta now the seventh-largest UPI player in the country, says Shweta Bajpai, Director, Finserv, Technology, Services and Payments at Meta
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.
Sebi revises rules for open interest violations in commodity derivatives
Sebi has revised commodity derivatives position limits and penalties, effective immediately. The new framework caps violation charges, strengthens action against repeated breaches, and updates agri commodity classifications and limits, aiming to ease compliance while improving market risk management across exchanges.
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.
Policy must balance innovation with accountability, resilience: RBI Deputy Guv Rohit Jain
RBI Deputy Governor Rohit Jain emphasized the importance of policy in promoting innovation responsibly. He highlighted the need for clear guidelines and opportunities for experimentation to fuel growth. Regulators should engage at the grassroots level to better comprehend emerging technologies. Ultimately, policy should prioritize customer outcomes, ensuring equity and reliability, while making financial services more useful and responsive to individuals' needs.
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.
Quote of the Day by Jane Fonda: Jane Fondas quote, The people who did you wrong or who didn't quite know how to show up, you forgive them. And forgiving them allows you to forgive yourself too explores the importance of forgiveness, emotional healing, and self-acceptance. The quote suggests that forgiving people who have hurt or disappointed us can help release anger, resentment, and emotional pain, while also giving us the freedom to forgive ourselves for our own past mistakes, regrets, and imperfections.
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.
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.
Gladful Expands into Everyday Sauces and Spreads with New Tomato Ketchup
New Delhi [India], September 9: Ketchup is one of the most frequently used accompaniments in Indian households, particularly for families with children. From breakfast and lunchboxes to snacks and everyday meals, it is a familiar staple on the family table. Recognising the opportunity to rethink an everyday category through a better ingredient approach, Gladful has launched its new Tomato Ketchup, made with 33% real tomatoes and Kachi Khand instead of refined sugar, the new ketchup brings together the taste kids love with an ingredient approach parents can feel better about.
6 healthy foods to eat when you are craving something sweet
MCX, IAMAI sign MoU to bring fintech solutions to commodity markets
MCX and IAMAI have signed an MoU to set up a Commodity Markets Innovation Council aimed at driving fintech-led innovation in Indias commodity markets. The industry-led platform will bring together stakeholders, startups and technology players to identify challenges, develop digital solutions, improve market access and support wider participation and efficiency.
DoT may not take forward proposal to tax data usage, cites technical challenges
Experts argued that implementation of such a tax would have gone against the government's digital advocacy and appeared as a regressive step.
India seeks continued deep defence ties with Bangladesh: Envoy
The High Commissioner of India met with the defense advisor from Bangladesh on Wednesday, highlighting the vital strategic defense ties between the two countries. Their discussions focused on collaborative training initiatives and mutual security interests, showcasing a shared commitment to uphold regional stability. This meeting is a decisive step forward in improving bilateral relations following a challenging period.
L&T secures up to 5,000 cr offshore order for west coast energy projects
The order covers development of the Ratna-I and NLM-14 projects off India's west coast, including new platforms, subsea pipelines and brownfield modifications
LCC Projects IPO subscribed 1.32 times
The offer received bids for 2.76 crore shares as against 54.43 lakh shares on offer.
Karamtara Engineering IPO subscribed 1.27 times
The offer received bids for 3.21 crore shares as against 54.43 lakh shares on offer.
Asset Reconstruction Company (India) IPO subscribed 38%
The offer received bids for 1.40 crore shares as against 54.43 lakh shares on offer.
AI Prompts: Embracing a vibrant social media phenomenon, users are now leveraging AI technology to revive cherished fashion trends from the 1980s, 1990s, and early 2000s. By transforming their images, individuals can easily step into the whimsical world of Y2K styles, guided by ChatGPT's imaginative prompts. This trend invites everyone to celebrate the enchanting retro aesthetics that continue to inspire and influence todays fashion landscape.
RBIs Vasudevan flags legal, privacy, interoperability risks in tokenization
RBI's executive director P. Vasudevan said interoperability has been one of the success stories of Indias payments ecosystem and should not be lost in the move towards tokenized assets.
Explained: Why Bernstein prefers MCX over BSE as volumes plummet amid CAS chaos
Bernstein has favoured MCX over BSE as commodity derivatives volumes maintain strong momentum while equity derivatives activity weakens amid the Closing Auction Session. The brokerage expects MCXs growth to support earnings upgrades, while BSE faces moderating volumes, slowing market share gains and a sharp deceleration in earnings growth over the coming years.
The 600-year-old Hawaiian fishpond is now protected indefinitely after receiving a $4 million donation from Facebook founder Mark Zuckerberg and his wife Priscilla Chan. Zuckerberg and Chan have an estate on Kauais north shore, but they wont have any ownership of the fishpond. Nonprofits will now use the area as an outdoor classroom.
Havas India launches luxury experiential agency Shortcut Shobiz India with Paris-based Shortcut
Havas India has debuted Shortcut Shobiz India, a fresh experiential agency targeting the luxury and lifestyle sectors in India. Merging French creative talents with Indian production skills and market insights, this agency endeavors to craft memorable experiences for luxury brands. Farah Lauren Khan takes the reins as Vice President in Mumbai, steering the agency's innovative vision towards impactful engagements.
Cancer diagnoses among Ground Zero exposed individuals have risen sharply. Northwell Health reported a seventy-five percent increase in certified 9/11-related cancer cases. Prostate and skin cancers are the most common diagnoses for these survivors. Hundreds of thousands of people remain at risk for developing serious diseases. New York City released over 170,000 pages of air quality records.
Vodafone Idea among 4 stocks that hit 52-week highs & rallied up to 22% in a month
Four BSE 150 Midcap stocks hit fresh 52-week highs despite Wednesdays market sell-off. Vodafone Idea and One97 Communications gained 22% each over the past month, while Piramal Finance and Laurus Labs also advanced.
Sensex sheds 813 pts, Nifty ends below 23,450 as crude boils
The domestic equity benchmarks ended sharply lower today, extending their decline for the third consecutive session as elevated crude oil prices heightened concerns over the macroeconomic outlook. Persistent geopolitical uncertainty, rupee weakness and renewed FII selling further weighed on investor sentiment. The ongoing IPO rush, with 10 issues open for subscription, also diverted liquidity from the secondary market. The Nifty closed below the 23,450 mark, dragged by IT and FMCG shares. However, metal and pharma shares remained in demand.
Quick Wrap: Nifty IT Index declines 3.24%
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Steamhouse India IPO subscribed 42%
The offer received bids for 1.56 crore shares as against 54.43 lakh shares on offer.
Manipal Payment and Identity Solutions IPO subscribed 17%
The offer received bids for 21.91 lakh shares as against 54.43 lakh shares on offer.
Rentomojo IPO subscribed 1.42 times
The offer received bids for 3.08 crore shares as against 54.43 lakh shares on offer.
PwC India, Claroty form alliance to boost cybersecurity for critical infra
PwC India Announces Strategic Alliance With Claroty for OT and Connected Environment Cybersecurity
Maharashtra is on track to become India's first tokenised state, enhancing the ease of access to land records. Meanwhile, the Gujarat State Road Transport Corporation has announced substantial fare reductions for bus passes, bringing financial relief to commuters. In Delhi, the Chief Minister has ordered action against illegal constructions following a recent building collapse.
Quote of the day by James Dean explores the quiet struggle between being yourself and being accepted by others. His words touch on rejection, self-doubt, relationships and the difficult choices that shape our identity. The article looks at self-acceptance, authenticity, emotional independence, personal growth and finding peace without constantly seeking approval.
Indian equities extended losses on September 9 as rising oil prices pressured sentiment. Sensex fell 813 points and Nifty declined 204 points. IT stocks led sectoral losses, while metals gained. Technical indicators remained bearish, though oversold conditions could trigger a rebound.
An 18-year-old Los Angeles student Rachel Chen and devoted Taylor Swift fan has won $100,000 at the Regeneron Science Talent Search. Rachel Chen, who has memorised over 200 songs of Taylor Swift, expanded a decades-old mathematical idea into a visual framework that could make complex quantum physics systems easier to understand.
