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Warren Buffett has stepped down as Berkshire Hathaway chairman after more than 60 years, handing the role to his son Howard Buffett while Greg Abel continues as CEO. Abel said Buffetts culture and values will remain central to the $1.1 trillion conglomerate as it moves into its next chapter.
Mazagon Dock inks MoU for greenfield shipbuilding cluster in Andhra Pradesh
Mazagon Dock Shipbuilders (MDL) has entered into an MoU with National Shipbuilding & Heavy Industries Park Andhra Pradesh (NSHIPAP) to serve as the anchor shipyard for the proposed greenfield shipbuilding industrial cluster at Dugarajapatnam.
Concurrent Gainers: 10 smallcap stocks that gain for 5 days in a row
Ten BSE SmallCap stocks, led by Moneyboxx Finance with a 47% gain, rose in each of the five trading sessions through September 18 despite broader market weakness.
Explained: When should mutual fund investors use CAGR, XIRR or IRR to calculate returns?
CAGR, XIRR and IRR are commonly used to measure mutual fund returns, but each serves a different purpose. While CAGR is suited to lumpsum investments, XIRR helps calculate returns from irregular cash flows such as SIPs. IRR can be used to assess returns from investments involving multiple cash flows over time.
Midcap and smallcap stocks are hitting record highs, but rising valuations and higher US Treasury yields could challenge the rally. ICICI Prudential Life Insurance CIO Manish Kumar discusses earnings visibility, domestic liquidity, FII selling, IPO supply and valuation discipline, while explaining why investors should avoid chasing growth at any price.
Home loan nearly over? 5 things to do with the EMI you are about to save
Home loan nearly repaid? Here are five financial moves to make with the freed-up cash, from rebuilding your emergency fund and reviewing insurance to clearing costly debt and redirecting EMIs towards retirement savings.
HEG arm bags Rs 217-cr order from Indus Towers
HEG announced that its subsidiary, Replus Engitech, has received an order from Indus Towers for the supply of lithium-ion battery banks.
Tata Sons IPO: How 7 Tata Group stocks performed this week amid IPO buzz
Tata Group stocks witnessed sharp volatility this week as developments around the Tata Sons IPO triggered strong buying and selling. Tata Chemicals led the gains with a 13% rise, while Tata Investment Corp gained 8%. Tata Power, IHCL and Tata Motors Passenger Vehicles also ended higher despite Friday
Stock split alert! 3 stocks turning ex-record date for stock splits next week. Do you own any?
Three stocks, including Taal Tech, Midwest Energy and Naturite Agro Products, will turn ex-split next week, with investors needing to buy before their respective record dates.
Dollar advances vs yen as BOJ dissent clouds rate-hike outlook
Following the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skepticism regarding further hikes, while Japanese officials monitored exchange rates, hinting at possible intervention. Additionally, the US Federal Reserve's assertive approach contributed to the dollar's strength, with energy prices and Fed communications attracting significant market attention.
Two-year yield hits highest since 2024 as investors weigh outlook for rate hikes
On Friday, US Treasury yields experienced an upward movement as investors expressed concerns regarding inflation. The Federal Reserve's recent increases in interest rates and indications of more hikes in the future contribute to this shift. With traders predicting additional adjustments in upcoming meetings, there is a growing focus on global central banks tightening their monetary policies to address escalating price pressures.
Europe's STOXX600 falls as autos, telecoms lead broad sell-off
European stocks took a downturn on Friday, primarily influenced by the disappointing outlook from Volkswagen and considerations surrounding Airtel Africa's IPO. This trend notably affected auto and telecom sectors. Despite oil prices stabilizing, energy shares were down on the week, alongside increased caution from central banks amid inflation worries. Meanwhile, healthcare and insurance sectors managed to thrive, contrasting sharply with the struggles faced by banks and automobile stocks.
Gold rises to one-week high, heads for weekly gain on easing oil prices
On Friday, gold prices surged to reach a one-week peak, hinting at a potential weekly gain. This rally was bolstered by falling oil prices, which alleviated inflation concerns. Nonetheless, the appreciation of the US dollar restrained further growth in gold values. Market sentiment remains shaped by the Federal Reserve's interest rate hikes, with silver, platinum, and palladium also posting gains alongside gold.
Rupee snaps losing streak on RBI support, oil retreat
On Friday, the Indian rupee managed to break its losing streak, thanks to active dollar sales by the Reserve Bank of India and a decrease in oil prices. The currency closed at 95.87, reflecting a minor uptick from its previous closing value. Nevertheless, the firm dollar index and ongoing importer demand curtailed major gains, with the rupee down 1.05% so far this fiscal year.
India's forex reserves drop by $4.9 billion
India's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decrease was influenced by lower valuations of gold reserves and a drop in foreign currency assets. To counteract rupee depreciation, the Reserve Bank of India is likely to have intervened by selling dollars. Some analysts speculate that FCNR(B) inflows pending conversion may have already been swapped.
MCX glitch leaves traders unable to view positions
On Friday, traders faced significant challenges due to a delay in end-of-day trade files from MCX, which hindered their ability to see positions and average prices on brokerage platforms. This situation led to an outcry on social media as traders were unable to settle their positions. MCX acknowledged the delay in dispatching the daily trade file for September 17, 2026, although all other exchange operations proceeded without disruption.
Shilpa Medicare Unit VII inspection ends with one procedural observation
Shilpa Medicare said the US Food and Drug Administration (USFDA) conducted a surveillance inspection at Unit VII of its Analytical Services Division in Hyderabad from 16 to 18 September 2026.
SP Group seeks 3-6 months to repay Rs 3,500 crore bond
Shapoorji Pallonji Group is negotiating with lenders for a bond repayment extension. The group seeks three to six months to continue its debt refinancing plans. Proceeds from July financing were expected to cover the maturity. SP Group's dollar bond has gained in the secondary market recently. Investors are monitoring developments around the group's Tata Sons holding.
Tata Group stocks reel from aftershocks as Trusts opposes third term for N Chandra
Tata stocks plummeted on Friday due to opposition from Tata Trusts, who contested the reappointment of N Chandrasekaran as chairman by the Tata Sons board. This leadership tug-of-war has raised concerns among investors, uncertain about its implications for multiple group companies. The potential for Tata Sons to go public remains a pivotal opportunity for stakeholders, with future resolutions between the board and Trusts likely affecting market sentiment.
8th Pay Commission salary hike explained: See how a 2.75 or 3.5 fitment factor could change central government employees basic pay across pay matrix levels, with illustrative calculations, salary comparisons and key points before the final recommendations.
Toyam Sports reports consolidated net loss of Rs 0.64 crore in the June 2026 quarter
Sales reported at Rs 0.06 crore
Hy-Tech Engineers standalone net profit rises 10.84% in the June 2026 quarter
Sales rise 12.92% to Rs 41.26 crore
Gold versus industrial metals Not an either/or
A balanced strategy in the portfolio is recommended
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 19
Bank holiday today, September 19, 2026: SBI, HDFC Bank and ICICI Bank branches are open as it is the third Saturday. Check state-wise RBI holidays before visiting.
Should you take a personal loan for your wedding or use savings? Experts explain when using savings makes sense, how wedding loan EMIs affect future goals, and what borrowers should consider before taking on wedding debt.
UPIs proposed 0.4% fee: infrastructure fix or threat to growth?
A proposed 0.4% UPI charge on transactions above 2,000 could fund vital infrastructure and security upgrades, but it could also face pushback from merchants and raise concerns over smooth UPI growth.
Centre moves to review surgical consumable prices after Mundhe push
The move follows Maharashtras push to review wide gaps between hospitals procurement costs and MRPs, while hospital operators argue that such gaps do not necessarily represent their profit margins.
Perfume makers feel ethanol squeeze, weigh price hikes
Ethanol prices have climbed as tighter domestic supplies and stronger demand from the fuel-blending programme squeeze availability, while glass bottle costs have risen by as much as 20% over the past year.
Centre plans 51,000 crore push to shift agricultural power use to solar
The proposed expansion of PM-KUSUM would shift subsidies to project commissioning and add a bigger push for feeder-level solarisation and battery storage.
Gold vs Nifty 50: What would 1 lakh invested 20 years ago be worth today? Check post-tax returns
Gold has outperformed the Nifty 50 over the past 20 years, but returns are only part of the comparison. Their capital gains tax treatment is different too. Heres what 1 lakh invested 20 years ago could be worth today and how much an investor may keep after tax.
Investor sentiment plunges to 16-month low, AAII survey shows
Investor sentiment fell to its lowest level since May 2025, according to the latest AAII survey. Bearish investors rose to 53.3%, while bullish sentiment dropped to 28.8%. The bull-bear spread fell to -24.5%, as elevated oil prices, a Fed rate hike and market volatility fuelled caution among individual investors.
Two home loans? You can claim tax benefits on bothbut there are limits | Check details
An individual can take multiple home loans as long as the lender is satisfied with the borrower's income, credit profile and ability to service the loans
8th pay commission: From night allowances to risk insurance, 8 key demands nurses have put forward
The nurses' association outlined several key requests, ranging from higher starting salaries and night duty pay to comprehensive insurance and the return of the Old Pension Scheme.
A big SIP corpus can look impressive on paper, but real wealth creation depends on whether investors can afford rising contributions, survive financial emergencies and stay invested through market downturns, weak returns and long periods of underperformance.
Four MF categories account for nearly half of SIP inflows in August
Small-cap funds led SIP collections at 5,012 crore, followed by mid-cap and flexi-cap schemes, as four equity categories together garnered 16,096 crore
Digital gold is booming: Are investors overlooking hidden risks? Experts compare it with gold ETFs
Digital gold is booming, but investors face a key trade-off: convenience versus regulation and costs. Experts explain how digital gold compares with gold ETFs in terms of accessibility, physical delivery, expenses, investor protection, and the safeguards needed for this fast-growing segment.
Howard Buffett to take charge as Berkshire Hathaway chairman: Who is he?
Howard Buffett is set to become Berkshire Hathaway's new chairman, succeeding his father Warren Buffett, who will become chairman emeritus. The 71-year-old has served on Berkshire's board for 33 years and is expected to focus on preserving its culture. His career spans business, farming, conservation, law enforcement and philanthropy.
From October 15, UPI payments over 2,000 for fuel, railway tickets, and other services will incur a flat MDR of 5, as announced by NPCI. Meanwhile, for P2M transactions above 2,000 outside the specified categories, NPCI has introduced a 0.4% MDR.
No crude next month, Saudi Aramco informs European oil buyers
The absence of Saudi flows next month will heighten the need for European buyers to secure replacements
Your ITR says verified, but the refund hasnt arrived? 5 reasons why your money could be stuck
Refunds may not be issued if bank details are incorrect or if the PAN is inoperative. Taxpayers should monitor their e-filing accounts for discrepancies and may need to correct details for a refund reissue request.
Global Markets: French bond spread at highest since 2012 as default insurance spikes
Amid rising investor concerns surrounding France's fiscal health leading up to next year's elections, risk premiums on French government bonds have surged to levels not seen since the euro zone debt crisis. The country grapples with a tough budget situation, prompting plans for a substantial savings initiative aimed at mitigating the increasing budget deficit, which has impacted French banking stocks and the main stock index significantly.
US Treasury yields rise as investors weigh outlook for rate hikes
As investors analyze the economic landscape, US Treasury yields have seen an uptick, fueled by discussions around future rate hikes by the Federal Reserve. The Bank of Japan has also joined the trend, elevating interest rates to their highest point in thirty-one years. Meanwhile, global inflation pressures are exacerbating the situation, propelling a new phase of rate tightening.
Indian refiners plan to keep buying Russian oil despite risk of US tariffs
Refiners are paying a premium of around $1 a barrel for Russian oil, while Brent crude prices of around $103 per barrel are also raising concerns over import costs.
Large-cap or aggressive hybrid? The mutual fund category that leads in returns may surprise you
Large-cap funds predominantly invest in large-cap stocks, while aggressive hybrid funds combine equity with debt. A comparison of their 1-, 5- and 10-year returns, along with risk-adjusted performance, reveals how the two mutual fund categories have fared over time.
HDFC Mutual Fund bought 13.90 lakh Entero Healthcare Solutions shares worth Rs 235.6 crore through a block deal at Rs 1,695 apiece. Prasid Uno Family Trust sold the shares, representing about 3.19% of the companys equity, amid recent stock gains.
Supreme Court permits settlement of NSE co-location cases with SEBI
The relief comes as NSEs 22,562-crore IPO is open for subscription
Tata Group market capitalisation tumbles amid Noel Tata comments
TCS led the decline, erasing 30,754 crore in market value, while shares of Tata Chemicals, Tata Technologies and Tata Elxsi also fell sharply on Friday amid the row
Lenskart block deal: Rs 2,047 crore stake sale likely; Platinum Jasmine may offload 1.7% holding
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoins lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
Indian cotton arrivals improve, while buyers turn cautious in easing market
Cotton Corporation of India has reduced the auction prices by Rs 1,600 per candy (356 kg) to about Rs 67,000 this week
Consumer durable financing can provide formal credit to new-to-credit borrowers who may otherwise find it difficult to obtain a loan. But convenience comes with potential drawbacks.
US Federal Reserve's Michelle Bowman says changes to bank stress test coming soon
The Federal Reserve will soon finalize changes to its bank stress tests. These reforms aim to increase transparency and predictability for lenders. The central bank will reveal more details about its testing models and scenarios. A new rule will average recent stress test results for capital requirements. This overhaul seeks to reduce volatility in bank capital buffers.
Nifty 500 data shows 10%-20% was the most common three-year return range since 2005. With the latest three-year CAGR at 12.9%, an expert suggests investors should distinguish between exceptional bull-market gains and more typical returns when planning financial goals.
NSE IPO fully subscribed on day 2; retail demand remains below 1x
QIB, NII and employee portions fully subscribed as overall bids cross shares on offer
India Pesticides receives approvals for certain products in UK and Argentina
India Pesticides announced that it has received Technical Equivalence approval for one of its insecticide products in the United Kingdom and registration for one of its herbicide products in Argentina. These approvals mark an important step in the Company's international growth strategy and expand its access to two key overseas markets.
G R Infraprojects update on Agra]Gwalior greenfield highway project
NHAI declares appointed date of 07 September 2026
FTSE rejig drives NSE closing auction turnover to 16,613 crore
NSE's closing auction session recorded its second-highest turnover since its introduction, as the rebalancing of FTSE indices drove trading activity on Thursday
Yen slumps to two-week low after BOJ rate hike underwhelms
The Japanese yen faced a sharp decline against the dollar in the aftermath of the Bank of Japan's recent interest rate hike. This decision, which did not sit well with two dissenting policymakers, has sparked skepticism about forthcoming monetary policy adjustments. On a different note, easing oil prices reflected diminished supply concerns in Saudi Arabia, with overall currency markets exhibiting relative steadiness as traders evaluated global economic conditions.
Bitcoin vs Ethereum vs Solana: Which crypto asset is best positioned for the next bull run?
Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoins lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.
Margin trading book hits record 1.49 trn, cushions brokers amid slump
MTF books at Angel One and Groww have grown strongly, providing brokerages an offset as overall trading volumes remain below the highs recorded in the June quarter
RateGain named Fastest Growing SaaS Company
At The Economic Times Enterprise AI Awards 2026
George Verghese appointed as MD of Avante Spaces
With effect from 18 September 2026
Russia wants India to make 100 Su-57 fighter jets: What Moscow has proposed
Russia has proposed that India manufacture the Su-57 stealth fighter domestically, seeking a Su-30MKI-style partnership. While the IAF needs just 36-54 jets, Russia wants a 100-aircraft commitment to achieve economies of scale. India must weigh this against its indigenous AMCA fighter programme.
STT collections surge 53% to 40,214 crore in FY27 after rate hike
The sharp rise follows higher STT rates effective from April 1, with the levy on futures raised to 0.05% and that on options premium turnover increased to 0.15%
Hi-Tech Flow Solutions files DHRP for IPO, to raises Rs 300 cr via fresh issue
Hi-Tech Flow Solutions has filed its DRHP for a Rs 300 crore IPO comprising a fresh issue and offer-for-sale. The company plans capacity expansion, debt repayment and corporate purposes, while targeting growing demand for HSAW pipes across infrastructure sectors.
Copra prices may rule at 145-150/kg in October on higher demand, says TNAU
Based on the analysis and feedback from traders, copra demand firms up during the festival season
Sonaselection India subscribed 90%
The offer received bids for 90.52 lakh shares as against 1 crore shares on offer.
Hero Motors IPO subscribed 6.66 times
The offer received bids for 58.97 crore shares as against 8.86 crore shares on offer.
Bhumika Realty leases 24,000 sq ft retail space to Lifestyle in Faridabad
Bhumika Realty has secured a 24,000 sq ft lease with Lifestyle, marking a significant milestone for their new project, 'The Icon', currently under development in Faridabad. With this mixed-use venture, Faridabad is quickly positioning itself as a key player in the NCR's retail landscape. This deal underscores the rising interest of prominent brands in organized retail within the city, setting the stage for further growth.
Fed hike, RBI moves hand India bonds a fifth weekly loss
Indian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond market bears. Global yields reached multi-decade peaks, and the Fed raised rates by twenty-five basis points. The Reserve Bank of India sold bonds, draining significant liquidity from the system. This situation increases the likelihood of an RBI rate hike in October.
Midcap stocks can witness sharp corrections, making volatility a key risk for investors. But avoiding market falls can create another challenge if the subsequent recovery is missed. A 21-year analysis of the Nifty Midcap 150 highlights this trade-off.
SS Retail IPO subscribed 103.30 times
The offer received bids for 90.83 crore shares as against 87.93 lakh shares on offer.
Jindal Supreme (India) IPO subscribed 181.07 times
The offer received bids for 170.19 crore shares as against 93.99 lakh shares on offer.
NRI woman gets relief as ITAT cuts income tax penalty from 200% to 50%: Know why
ITAT Mumbai cut an NRI's tax penalty from 200% to 50% after she omitted 14.46 lakh in interest income from her ITR. The tribunal held mere omission isn't automatic misreporting, citing her overseas residence, reliance on an accountant, and voluntary tax payment once notified.
UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customers
The government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed on consumers, as stated by officials. The finance ministry will closely monitor adherence to the new guidelines on a daily basis. Revenue generated will aid small merchants in embracing UPI, striking a balance between managing costs and fostering digital payment expansion.
Although the WeWork-branded seats are the core of the business, the company has made strong inroads into the managed vertical, which now accounts for over 20% of the topline
Nifty settles above 23,300 as Moody's GDP upgrade, easing oil support sentiment
The key equity benchmarks ended mixed on Friday, as easing crude oil prices and softer global bond yields supported investor sentiment. Market sentiment was also aided by Moody's upward revision of India's FY27 GDP growth forecast to 7% from 6%, citing stronger-than-expected domestic activity and the resilience of the economy amid the ongoing conflict in West Asia. However, Moody's flagged elevated energy prices and El Ni-related food price pressures as risks to inflation, consumption and growth.
Quick Wrap: Nifty Metal Index gains 1.51%
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In a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encourage more cash transactions. He highlighted the intriguing trend where digital transactions grow while cash circulation also rises, asserting that cash fulfills dual purposes as a transaction method and a valuable resource.
INR seen supported by positive momentum in domestic equity markets
The Indian rupee pared initial gains to close unchanged at 95.89 (provisional) against the US dollar on Friday amid a strong American currency. Positive momentum in domestic equity markets, however, supported the Indian currency. Rupee's fall was capped as crude prices slid below the 104-per-barrel level, and US bond yields eased after the US Federal Reserve hiked interest rates by 25 basis points. Indian shares ended Friday's session mostly higher as a pullback in oil prices and global bond yields helped ease concerns around inflation, India's import bill and earnings. The U.S. Federal Reserve's first interest-rate hike in three years also instilled confidence in investors regarding the central bank's resolve to bring inflation under control. The Nifty 50 gained 75.80 points (0.33%) to close at 23,346.40, while the BSE Sensex slid marginally by 19.63 points (0.03%) to finish at 74,294.96.
Rupee closes unchanged at 95.89 against U.S. dollar
Positive momentum in domestic equity markets, however, supported the Indian currency, forex traders said
Hi-Tech Flow Solutions files IPO papers, seeks 300 cr via fresh issue
The proposed IPO comprises a fresh issue of up to Rs 300 crore and an offer-for-sale by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Thursday
Japan's Nikkei rises as investors assess BOJ rate hike and AI stocks
Investors are now watching for signals on whether the BOJ could raise rates further as inflation and wage growth remain elevated. Attention is also on comments from US Treasury Secretary Scott Bessent.
Chinese stocks gain as investors watch US-China talks
Investors are closely watching this weekends talks between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, ahead of the September 24 meeting between Donald Trump and Xi Jinping. AI competition and Chinas access to advanced US chips are expected to be key topics. Markets are also looking for signs that the current trade truce could be extended beyond November.
Warren Buffett is passing the baton: 5 investment mantras the next generation can carry forward
Warren Buffett has stepped down as Berkshire Hathaway chairman and become chairman emeritus, with Howard Buffett taking the role. Greg Abel remains CEO. Buffetts six-decade investment philosophy highlights valuation discipline, patience, competence, emotional control and the power of long-term compounding.
Government relaxes sugar stockholding limit for bulk consumers but only for imported sugar
The additional flexibility is intended to ensure uninterrupted supplies to genuine industrial consumers while preventing higher stockholding from exerting pressure on domestic sugar availability.
India asks bulk users to source imported sugar to keep stock above 15 days requirement
Traders, wholesalers are urged to pass on benefit of lower ex-mill prices to consumers
The great Indian paneer heist: Who stole the milk? | Overthinkers Anonymous | EP 03
The analogue paneer mystery: Whats really on your plate?
Markets end on mixed note; Nifty up 76 points, Sensex dips
Among the 30 Sensex firms, Tata Consultancy Services tanked 4.33%, Titan 2.11%, Asian Paints 2%, Maruti 1.98%, Tech Mahindra 1.82% and Tata Steel 1.73%
Global Market: Eurozone bond yields set for weekly decline as ECB hike bets ease
Eurozone bond yields were headed for their first weekly decline since early August as investors pared back expectations of further ECB rate hikes. Meanwhile, US Treasury yields stabilised after the 10-year yield briefly breached 5% earlier this week.
