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Oil surges 5%, Brent and US crude both over $100 on more tanker attacks
Oil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions. Brent hit $106.60 while WTI crossed $100. Rising Chinese demand and tighter OPEC output are adding to market pressure, keeping traders focused on the risk of further supply shocks.
SEBI launches Demat 2.0: Key FAQs on the pilot project for tokenised corporate bonds answered
SEBIs Demat 2.0 pilot will test tokenised corporate bonds using DLT, with the same investor rights as conventional bonds. Heres how issuance, settlement and CBDC payments will work, why the pilot matters, and when retail investors could participate.
Foreign Currency Non-Resident Bank deposits are significantly enhancing banking liquidity, providing an essential boost for lending opportunities. This heightened liquidity is expected to meet the anticipated consumer demand during the festive season. To avoid financial losses from idle deposits, banks must judiciously allocate these funds. Additionally, this surge in inflows has contributed to stabilizing the rupee against the US dollar.
Kotak Mahindra Bank Group President and Head of Commercial Bank Manish Kothari has resigned after 31 years. He will leave on September 30, 2026, with Kotak initiating a planned transition and integrating his commercial banking portfolio into its retail and institutional business segments. Kothari has indicated that he may explore an entrepreneurial venture.
Hotter producer prices strengthen bets on a Fed rate hike
US producer prices rose, increasing rate hike expectations for the Federal Reserve. Traders now price a seventy percent chance of a quarter-point increase next week. Consumer inflation data due Friday will further influence the central bank's decision. Renewed Middle East conflict complicates the inflation outlook with rising oil prices. Market pricing suggests traders anticipate at least one rate hike by year-end.
Govt to track sugar production every month starting October
Mills need to sell sugar at reasonable prices and the government will take corrective measures to keep prices stable: Food Ministry
Large-cap funds remained under pressure in August, while mid- and small-cap categories attracted more money. A look at broader market indices and category returns over one, three and five years offers clues on where each segment stands.
RBI governor Sanjay Malhotra said that trust, inclusion, and responsible use of data is the foundation for global adoption.
Womens share of farm workforce rises, but land access lags
Nearly 77% of rural working women are now engaged in agriculture, even as women operate only 11.72% of the farmed area in India
NPCI launches tap-to-pay, unified UPI services window
The Tap & Pay feature allows users to make UPI payments at point-of-sale terminals by unlocking their phones and tapping them on compatible devices, without opening a UPI app.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets ended higher after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. Crude above $102, weak global cues and rising yields kept sentiment cautious, while Nifty formed a hammer and stocks showed buying interest.
Will Bitcoin touch $400,000 by 2030? Coinbase CEO Brian Armstrong answers
Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030, confirming the target remains reasonable. He believes the cryptocurrency has hit its market bottom following a year-long downturn, with upcoming halving events and regulatory updates expected to drive future growth despite ongoing price fluctuations.
Copper falls after report of White House hesitancy over tariff plan
Copper prices saw a notable decline following reports of no movements regarding potential tariffs. The White House is currently evaluating worries about rising manufacturing expenses, which contributed to the drop. On the London Metal Exchange, three-month copper fell substantially from its previous record high, while COMEX copper futures also dropped, diminishing their premium over LME prices, with other LME metals experiencing similar downturns.
ECB raises interest rates as Iran war fans inflation fears
The European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is designed to tackle stubborn inflation, significantly driven by high energy costs and geopolitical factors. The bank expects inflation to stay above its target level through the year 2028. Fortunately, the resilience of economic activity has given policymakers some optimism, prompting traders to expect more rate hikes ahead.
How 14 minutes of CAS trading upended six hours of market action
Closing auction volatility sent the Sensex and Nifty sharply higher before they reversed, highlighting growing risks for retail traders in expiry-day options
A customer base of more than 12 million, rapidly diversifying product suite, and AI integration at enterprise scale perfectly positions digital lender Kissht to become a financial services company with a broad range of products and services. The companys Founder & CEO, Ranvir Singh, says financial prudence and deeper understanding of the customers was a necessity moving forward. He spoke to ET at the Global Fintech Fest. Read on!
Kisshts Next Phase of Growth: From Lender to Financial-Services Company
SBI MF launches Aarambh for first-time investors
Aarambh ensures a fully digital experience for individuals without a PAN, a segment that until now could invest only through physical, paper-based processes
Market Trading Guide: Finolex Cables among 3 stock recommendations for Friday
Indian markets remained volatile on expiry day as crude prices, a weaker rupee and rising bond yields weighed on sentiment. Analysts recommend Finolex Cables, Jindal Saw and Emmvee Photovoltaic Power, citing bullish breakouts, strong momentum, technical indicators and upside targets.
Retirement plans may underestimate how long savings need to last. A new report highlights the 13-year gap in life expectancy at birth, with 12.6% of 60-year-olds reaching 90. Heres why longevity and early market returns matter.
5 money habits that will keep your financial future safer and help you in difficult situations
These 5 money habits will keep your financial future safe and help you in difficult situations. While nothing makes life risk-free, these practices are likely to make things easier for you.
OBPPs pitch investor protection fund for retail bond investors
Providers of online bond platforms are advocating for the creation of a new investor protection fund. This initiative is designed to serve as a form of insurance, thereby enhancing retail investor trust in corporate bonds. Conversations have included the possibility of a universal premium, which would be connected to the issuer's credit risk.
Brooks Automation confidentially files for US IPO
Brooks Automation has taken a significant step by confidentially filing for an initial public offering in the U.S. The firm specializes in automation and contamination-control solutions across various industries. After divesting its semiconductor business for $3 billion in 2021, the IPO indicates a potential revival in the U.S. stock market this September, although specifics regarding share pricing are yet to be revealed.
JSW Infrastructure completes acquisition of NCR Rail Infrastructure
Under approved resolution plan
US producer inflation tops expectations as diesel costs jump
US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month -- particularly for diesel -- as the US war with Iran continued. On Thursday, government data showed that costs for gasoline, jet fuel, home heating oil, alongside candy and nuts, also rose.
Siemens collaborates with Redington to unlock industrial AI innovation in African markets
Siemens Digital Industries Software today announced its agreement with Redington, a leading technology aggregator and innovation catalyst, in Africa and the Middle East. This agreement brings the full power of the Siemens Xcelerator portfolio of industrial software to six key African markets: Egypt, Kenya, Ethiopia, Nigeria, Morocco and Tanzania, with plans to expand into further regions in the future.
Sterlite Technologies achieves plenum certification for its IBR portfolio
Sterlite Technologies (STL) announced an update to its data center portfolio with Optical Fiber Nonconductive Plenum (OFNP) US certification for 48 to 576F Intermittently Bonded Ribbon (IBR) pre-terminated assembly portfolio. These factory-built cable assemblies are critical to support the AI-led Data Center market requirements with connectors installed, polished, and tested for high performance, preventing the need for field splicing and equipment resulting in fast installation and lowered cost.
Orient Technologies signs USD 3.15M contract with Securonix
To lead distribution and joint go-to-market initiatives in India
Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience and accessibility for all.
Credit card stolen and money spent: Will the bank refund the loss, or will you have to pay the bill?
A stolen credit card can quickly turn into a financial nightmare. Whether the bank refunds fraudulent spending or the customer bears the loss depends on how the fraud occurred and crucially how quickly it was reported.
NPST wins award for Best Digital Banking Platform
At Global Fintech Awards 2026
Sebi launches Demat 2.0 pilot for tokenised corporate bonds using DLT
Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology
Mid-, smallcap rush lifts equity MF inflows to four-month high in August
NFO revival adds to inflows, while largecap fund outflows sustain; gross SIP inflows rise 1 per cent month-on-month to an all-time high of Rs 32,297 crore
US stocks today: US stocks open lower after hotter-than-expected producer inflation data
US stocks opened lower on Thursday after August producer prices strengthened expectations of a possible Federal Reserve rate hike this month. The Dow, S&P 500 and Nasdaq fell at the open, while escalating Middle East tensions pushed oil prices above $100 a barrel, adding to inflation and market concerns.
Darjeeling tea output drops as climate change threatens northeast India's iconic tea industry
Darjeeling tea has experienced significant climatic shifts over the past few decades, contributing to its categorization under the very high climate severity zone.
Citi launches eFPI to cut foreign investor registration time in India to 5 days
Citi has launched eFPI@Citi, a digital solution that can cut foreign portfolio investor registration in India to five business days. The service uses technology to simplify onboarding as global investor interest rises, supporting faster access to Indian capital markets overall.
CAS faced initial liquidity issues across global markets: Sebi chairman
Says AI can help the regulator shift to 'proactive' monitoring from 'periodic' monitoring; Sebi is also set to propose changes to the closing auction framework
Mint Money app adds bill payments, loans at Global Fintech Fest 2026
Mint Money, the fintech app from HT Group, unveiled with bill payments and digital loan services at Global Fintech Fest 2026.
Canara Bank plans to raise Rs 4,500 crore through AT-1 bonds next week
Canara Bank plans to raise up to Rs 4,500 crore through Basel III-compliant AT-1 bonds next week at an expected 7.85%-7.90% coupon. The issue is part of its Rs 8,500 crore fiscal capital plan, with Tier 2 bonds planned later.
Motor insurance pitfalls: Why claims get rejected 6 key points policyholders should keep in mind
Failing to meet basic regulatory compliance is a primary reason claims fall through. Additionally, widespread misconceptions about policy features frequently lead to avoidable disputes between policyholders and insurers.
Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?
Debt mutual funds swung from a 1.87 lakh crore net inflow in July to a 8,127 crore outflow in August. Experts say the reversal reflects seasonal corporate and institutional cash movements, while investors continued to favour liquid, money market and ultra-short duration funds.
Sebi launches Demat 2.0 pilot for tokenised corporate bonds
Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India.
Rally in oil prices continues to batter the INR
The Indian rupee slumped sharply on Thursday as Brent oil hit 104 and soaring nearly 15% since the start of September amid escalatory strikes between Iran and the US. INR depreciated 38 paise to close at 95.46 (provisional) against the US dollar. Brent crude breaching crucial levels are mounting concerns over the country's import cost trajectory. The domestic currency is currently facing opposing forces, with downside pressure driven by a resumption of foreign portfolio outflows, following positive flows in July and August and crude oil trading at elevated levels. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar, then lost ground to close at 95.46 (provisional) against the American currency, registering a loss of 38 paise from its previous close. Local shares however fluctuated before ending slightly higher on Thursday. Benchmark indexes snapped a three-day losing streak even as Brent crude prices rose to reach their highest level since May, ..
Welspun Corp among 6 smallcap stocks that hit 52-week highs & rallied up to 51% in a month
Six stocks in the BSE 250 Small-cap Index hit fresh 52-week highs as the Sensex gained 138 points to close at 74,902. Welspun Corp led with a 51% monthly gain, followed by Finolex Cables, Chennai Petroleum and Maharashtra Seamless.
Sumadhura Group to invest Rs 17,000 cr on realty projects, land acquisition
The Sumadhura Group is gearing up for a massive investment of Rs 17,000 crore, set to complete by March 2030. This extensive funding will drive a variety of housing and commercial projects while facilitating key land acquisitions. Their ambitious plan includes a development pipeline of 45 million square feet across three major urban centers, primarily focusing on residential units.
Kolte-Patil Developers sells 600 flats for over Rs 600 cr in new Pune project
Kolte-Patil Developers reported remarkable success with its latest Pune project, Vyana at The Reserve, where they sold over 600 apartments worth more than Rs 600 crore in just 60 hours post-launch. This rapid turnover not only highlights the project's allure but also reflects the immense trust customers have in the developer's vision and quality.
Veegaland Developers IPO subscribed 62% on day 1
The offer received bids for 70.26 lakh shares as against 1.13 crore shares on offer.
Kanohar Electricals IPO subscribed 90.59 times
The offer received bids for 105.92 crore shares as against 1.16 crore shares on offer.
Rupee slumps 38 paise to close at 95.46 against U.S. dollar
NSE IPO shrinks as SBI, Bank of Baroda, MS Strategic trim their OFS size
Key selling shareholders have reduced the offer to 126.4 million shares from 148.9 million earlier; IPO is now expected to garner up to Rs 23,000 crore
Mobile chain SS Retail to raise 500 crore via IPO
Issue priced in a band of 403 to 424 per equity share
Rentomojo IPO subscribed 4.70 times
The offer received bids for 10.24 crore shares as against 54.43 lakh shares on offer.
Manipal Payment and Identity Solutions IPO subscribed 31%
The offer received bids for 39.87 lakh shares as against 54.43 lakh shares on offer.
Steamhouse India IPO subscribed 2.21 times
The offer received bids for 8.30 crore shares as against 3.76 crore shares on offer.
Karamtara Engineering IPO subscribed 3.61 times
The offer received bids for 9.16 crore shares as against 54.43 lakh shares on offer.
Aadhaar face authentication gets easier: UIDAI launches new SDK and Sandboxwhat users should know
UIDAI has launched an Aadhaar Face Authentication SDK that allows banks, fintechs, insurers, and brokers to integrate face authentication directly into their apps. Users can complete Aadhaar verification without switching to the separate FaceRD app, making digital onboarding simpler.
Cash surplus softens India bond slide in oil-driven global rout
On Wednesday, Indian government bonds showed some fluctuations but still managed to outperform their global counterparts. Rising oil prices and increased concerns regarding supply chains pushed international bond yields higher. However, India's banking system's surplus liquidity helped stabilize local debt. Market participants are now closely monitoring upcoming inflation figures and central bankers' policy moves, with the Reserve Bank of India potentially using liquidity-reducing measures to keep the market in check.
Sebi completes first phase of Demat 2.0 bond pilot; secondary trading next: Tuhin Kanta Pandey
The Securities and Exchange Board of India (SEBI) has completed the first phase of its Demat 2.0 pilot for corporate bonds and will next bring secondary-market trading into the new technology framework, SEBI Chairman said on Thursday.
Nasdaq to invest $100 million in Kraken parent to deepen tokenization push
In a significant move, Nasdaq is set to invest $100 million in Payward, the parent corporation of Kraken. This collaboration aims to create a robust infrastructure for the trading of tokenized equities. Scheduled for a debut in 2027, the Nasdaq Equity Tokens will operate beyond traditional market hours, targeting the growing demand for blockchain-driven investment opportunities.
Sebi settles disclosure violation charges against Adani Ports CEO, CFO
India's Securities and Exchange Board of India has resolved disclosure breach allegations against two Adani Ports executives, who each settled by paying 1.37 million rupees without acknowledging any fault. This action comes after a thorough probe into banking operations and inter-corporate security deposits, triggered by concerns over financial reporting violations. The inquiry was part of a broader review sparked by the Hindenburg report on potential share price manipulation.
Karan Adani settles PMC Projects case with Sebi by paying Rs 13.65 lakh
The settlement relates to an investigation into banking transactions and inter-corporate security deposits involving PMC Projects (India) Private Limited, Adani Ports and Special Economic Zone Ltd (APSEZ), and the port operator's subsidiaries.
Markets rebound after three-day decline; Sensex gains on buying in HDFC, Axis Bank
30-share BSE Sensex advanced 138.36 points, or 0.19%, to settle at 74,902.59 on last-minute buying; 50-share NSE Nifty edged higher by 46.30 points, or 0.20%, to end at 23,477.80
Markets rebound after three-day decline; Sensex gains on buying in HDFC, Axis Bank
30-share BSE Sensex advanced 138.36 points, or 0.19%, to settle at 74,902.59 on last-minute buying; 50-share NSE Nifty edged higher by 46.30 points, or 0.20%, to end at 23,477.80
Turtlemint appoints Monica Anshul Mishra as CHRO
Turtlemint Fintech Solutions announced the appointment of Monica Anshul Mishra as Chief Human Resources Officer (CHRO). The appointment reinforces Turtlemint's commitment to building a future-ready, people-first organisation as the company continues to scale its advisor network, strengthen its leadership capabilities and expand its digital platform.
Navi UPI forges partnership with IndusInd Bank to scale digital payments
Navi UPI, today announced a partnership with IndusInd Bank to strengthen the technology infrastructure supporting its UPI operations. The partnership brings together IndusInd Bank's banking capabilities and Navi's technology know-how to help bolster and scale the foundation for Navi UPI as digital payments continue to grow.
Board of Ajmera Realty & Infra India approves NCD issuance up to Rs 500 cr
At meeting held on 10 September 2026
Sebi Chairman Tuhin Kanta Pandey stated the Closing Auction Session is here to stay. Traders express concerns about sharp expiry-day swings linked to this new mechanism. Global index provider MSCI acknowledged its recent rebalancing went well under the new framework. Sebi is reviewing derivative settlement price calculation methods after CAS implementation. The regulator will issue a consultation paper on potential changes to reduce shocks.
Sensex, Nifty stage late recovery to end higher after three-day slide
The domestic equity benchmarks staged a late recovery on Thursday, snapping a three-session losing streak. Buying during the closing auction helped the Nifty and Sensex overcome losses seen during regular trading.
Quick Wrap: Nifty Metal Index falls 0.65%
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Indian equities ended marginally higher on September 10 despite Brent crude nearing $102 a barrel and weak global cues. Nifty gained 0.20% and Sensex 0.19%, while technical analysts flagged 23,600 as crucial resistance amid persistent market pressure.
AMFI data: Small and midcaps remain investor favourites as large caps lose money, Gold ETFs gain
AMFI data shows equity mutual fund inflows rose 18.7% in August, with mid-cap and small-cap funds continuing to attract strong investor interest. Large-cap funds saw a second straight month of outflows, while Gold ETFs recorded a sharp rise in inflows and multi-asset funds remained popular.
Sensex, Nifty, Stock Price Highlights: Indian equity markets closed marginally higher on Thursday, with benchmark indices eking out gains despite Brent crude oil prices climbing to around $102 per barrel, as investors remained cautious amid geopolitical tensions and inflation concerns.
Rupee drops 37 paise to close at a week low of 95.44/$ as oil bubbles on West Asia worries
State-run banks were spotted selling dollars, most likely on behalf of the Reserve Bank of India, traders said, while also noting that the scale of such dollar sales had mellowed compared to last week.
Textile company Sonaselection India sets IPO price band at 94-99/share; issue to open on Sept 17
The issue will comprise fresh issue of 1.43 crore equity shares worth 141.57 crore at the higher end, with no offer-for-sale component
India plans AI registry as it looks to roll out agentic payments, sources say
The landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aims to verify and oversee AI transactions, initially targeting UPI payments, with potential future expansions. By facilitating agentic payments, AI will be enabled to engage in frequent, minor digital transactions, resonating with global initiatives aimed at the identification and validation of AI-driven financial agents.
Ola Electric shares snap 3-day losing run, surge 9% on high volumes
Ola Electric was among the most actively traded stocks by volume, according to data available on the NSE, ranking third behind Vodafone Idea and PC Jewellers.
Mukul Agrawal portfolio stock ASM Tech zooms 49% in 6 days; here's why
ASM Technologies share price hit a new high of 7,248, soaring 11 per cent on the BSE in Thursday's intra-day deals, extending its past one week rally.
Life insurers ask Irdai to rework expense cap rules
Life insurers are seeking greater flexibility in expense caps, arguing that product-specific limits can constrain growing insurers as they invest in distribution, technology and expansion.
Motor insurance claims: what policyholders often get wrong
Motor insurance claims often fail due to overlooked details such as expired licences, misreporting, or missing add-ons.
Planning to buy a 1 crore home? Experts explain why a 20% down payment is not always right
Planning to buy a 1 crore home? Experts explain how much down payment buyers should make, how it affects home loan EMIs and interest costs, and why maintaining emergency savings and liquidity is equally important.
Kanohar Electricals IPO gets highest bids so far as 3 issues close today
Kanohar Electricals IPO was 37.86 times subscribed by 2:24 PM, with QIBs at 50.48 times, NIIs at 71.03 times, and retail investors at 16.44 times
Axis Bank CEO warns of 'abnormal lending' from FCNR(B) inflows
Axis Bank MD and CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.
BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI payments
BharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits up to sixty thousand rupees. Eligible users can utilise this credit for everyday UPI merchant payments seamlessly. Spends can be settled in full within forty-five days or via flexible monthly installments. The company also launched a new brand campaign featuring Rohit Sharma to promote this service.
Japanese stocks recover as oil and bond yields ease
However, inflation and interest-rate concerns remained. The Bank of Japan is widely expected to raise interest rates next week, while board member Kazuyuki Masu indicated that the central bank will continue tightening policy as inflation moves closer to its 2% target.
Chinese stocks fall as oil prices and inflation concerns rise
Oil prices remained high as tensions between the US and Iran escalated. Iran indicated that the conflict could intensify, while US President Donald Trump said the war was unlikely to end before the November midterm elections. This raised concerns about possible supply disruptions through the Strait of Hormuz.
EIA expects modest growth in India's liquid fuels consumption next year
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Nifty trades below 23,450; auto share decline
At 14:30 IST, the barometer index, the S&P BSE Sensex declined 40.17 points or 0.06% to 74,728.45. The Nifty 50 index declined 16.15 points or 0.07% to 23,416.50.
Bondada Engineering JV receives LoI worth Rs 41 cr for smart meter project
From Northern Power Distribution Company of Telangana
Global Market: European shares edge higher ahead of ECB rate decision
European shares edged higher after their sharpest one-day decline in two months, as investors awaited an expected ECB rate hike and Christine Lagardes comments on inflation. Rising oil prices above $100 a barrel remained a key concern for markets.
