The Economic Times
Elections 2026Business / The Economic Times
Former CDS Anil Chauhan emphasized that China poses a significant long-term security challenge for India. The ongoing boundary issues demand a vigilant stance and robust capabilities. While border disputes define some aspects of India's relationship with Beijing, engagement is essential for navigating the evolving dynamics of Asia. Additionally, the instability in neighboring regions amplifies the threats we face.
New Delhi: After setting a strong foot in the country, digital services major Jio has now set its sights on the global market with made-in-India tech across connectivity, digital products, enterprise solutions, and artificial intelligence, a top company official said on Saturday.Jio Platforms Managing Director and Reliance Jio Chairman Akash Ambani, in a letter to employees on 10 years of Jio, said the organisation has built the foundation of Digital India at an unprecedented scale, accelerated
Meta has restored two official posts on the Kerala CMO's Facebook page. These posts announced Onam festival allowance and Nabi Day greetings. The Kerala Chief Minister expressed concern over the arbitrary removal of government communications. The CMO sought a formal explanation from Meta and the Union IT Ministry. They also requested safeguards to protect official government communication handles.
Population enumeration for Census 2027 will occur in Goa and Uttar Pradesh. Punjab and parts of Uttarakhand will also participate in this exercise. Citizens can opt for self-enumeration before the main enumeration begins. This census aims to collect demographic and economic data from households. The exercise was postponed from 2021 due to the COVID-19 pandemic.
Prime Minister Narendra Modi attended Shri Ram College of Commerce's centenary celebrations in Delhi. He praised the institution's alumni as the OGs of leadership in contemporary terms. The Prime Minister traveled by Delhi Metro and interacted with students during his journey. He released a commemorative 100 coin marking the college's 100th anniversary. The event coincided with the national Teachers' Day celebration on September 5.
Indian Immunologicals stated seized rabies vaccine vials were not its product. Authorities are investigating the source of these substandard and misbranded vaccine vials. The company provided its manufacturing and distribution records for the investigation. Genuine Abhayrab batch KE25012 was released and supplied through authorized channels. This incident follows a previous concern over counterfeit Abhayrab doses in the market.
The Punjab Cabinet approved key policies for paddy procurement and movement in 2026-27. Amendments to Punjab Public Service Commission regulations were also sanctioned by the council. Thirty-three hospital posts were revived, and 138 new healthcare positions were created. Eighty vacant Medical Officer (Dental) posts will be filled by the department. These decisions aim to enhance public services and farmer support across the state.
Iran accused the United States of striking an oil tanker near Kharg Island. The US has not yet commented on the incident, which occurred near a key oil terminal. Meanwhile, Houthi rebels in Yemen blamed government forces for recent deadly attacks. Israeli strikes in southern Lebanon killed three people following a drone launch. These events highlight ongoing conflicts and escalating regional instability.
Russian President Vladimir Putin ordered a three-day halt to strikes on Kyiv. This cessation of hostilities began on Saturday as preparations were made. A United States delegation was scheduled to visit the Russian capital. President Putin was due to meet with special representatives Steve Witkoff and Jared Kushner. The Kremlin spokesman Dmitry Peskov confirmed these details to TASS news agency.
Tata Motors has launched a
Foreign investors returned strongly to Indian equities, with August FPI inflows exceeding $3.2 billion. Consumer Services, Financials and Healthcare led buying. HSBC estimates up to $25 billion could enter India if global funds restore neutral allocations, while strong GDP growth, earnings and rupee stability support the outlook.
Tata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets 1.7 billion in savings. The move comes as JLR battles weaker sales, rising costs and US tariffs in North America, its biggest market.
Uttarakhand Chief Minister Pushkar Singh Dhami announced the film 'Hanuman Ansh' will be tax-free. This movie showcases the life and teachings of spiritual leader Neem Karoli Baba. The film has achieved significant box office success after a slow start. It highlights Baba Neem Karoli's devotion, service, and human welfare principles. 'Hanuman Ansh' has become a surprise hit, earning over ninety-seven crore rupees.
Kotak Securities estimates ITC
Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance, lower drawdowns and steadier returns, while potentially sacrificing some gains during sharp market rallies.
A geography teacher in Assam's Jorhat district has won the National Teachers' Award for a programme that sends his students home each day to teach their unschooled mothers basic digital and literacy skills, including UPI payments, smartphone use and reading. The initiative, running for two years, has since expanded to six villages in the region.
Higher workforce productivity could drive nearly 35% of Indias future manufacturing output, according to KPMG. Its analysis found productivity-leading manufacturers recorded stronger profit and market-cap growth, but more than 70% of large companies may need significant changes to achieve the required gains.
Household spending shows a shift towards non-essential goods and services. Alcoholic beverages and tobacco spending saw significant growth, outpacing other categories. Personal care and miscellaneous goods also experienced a notable increase in expenditure. Services sector spending rose, capturing a larger share of total consumption. Essential food item spending increased, with growth in specific product categories.
Foreign portfolio investors poured over $3.2 billion into Indian equities in August, marking their strongest monthly inflow since September 2024. Consumer Services led buying, followed by Financial Services and Healthcare, while Telecom and Power continued facing significant FPI outflows.
Rescuers in Nepal have pulled a Chinese national alive from a hydropower tunnel. This rescue brings the total to three workers found after devastating floods occurred. A woman was also found alive in Nuwakot town and is being airlifted. Over 900 workers remain missing from 12 hydropower projects across Nepal. At least 1,300 people died in the recent floods which caused widespread damage.
Patrick McGoldrick, former Tata Technologies CEO, sold shares worth Rs 165 crore. He offloaded 21 lakh shares, reducing his stake to 0.62 percent. Mutual funds and asset management firms acquired these shares at Rs 785 each. Tata Technologies reported an 8 percent net profit rise for the March quarter. The company had a strong stock market debut in November 2023.
The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal bench hearing his insolvency case. A special NCLT bench stayed approval of a repayment plan, noting a lack of clear majority. Chandra's personal insolvency process revealed a significant disparity in admitted claims and proposed settlements.
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations. Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.
Five midcap mutual funds delivered over 21% annualised returns in three years, led by HSBC Midcap at 25.1%. Invesco India, ICICI Prudential, WhiteOak Capital and Edelweiss Mid Cap also featured among top performers.
Asian sporting giants converge in Japan for the 20th Asian Games. China remains the dominant force, aiming for a twelfth consecutive top medal tally. Japan leverages home advantage and a diverse range of athletic disciplines. South Korea's badminton stars are poised for significant medal contention. India seeks to surpass its previous medal record and excel in emerging sports.
Nikhil Kamaths growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodhas early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity.
Twenty-two govindas sustained injuries during Mumbai's Dahi Handi celebrations on Saturday. Most of these participants received treatment and were discharged from hospitals shortly after. The annual Dahi Handi festival, part of Janmashtami, saw enthusiastic participation across the state. Police had increased security measures throughout the city for the event. Extensive medical arrangements were also made by civic authorities for injured participants.
Electronics will form over half of a car's cost by 2030. This presents a significant opportunity for Indian auto component makers. Vehicles are increasingly electronic, requiring new component capabilities. Indian suppliers can build expertise in sensors and control units. This shift offers substantial localization and growth potential for the industry.
Indias economic recovery faces growing risks from the oil supply shock, fading domestic stimulus and slowing AI investment, Nuvama Institutional Equities said. The brokerage expects pressure on corporate margins to emerge from Q2FY27, with small- and mid-cap companies and cyclical sectors particularly exposed.
Gurugram authorities issued a public advisory due to heavy rainfall warnings. Residents were urged to avoid non-essential travel and waterlogged areas. The India Meteorological Department forecast heavy showers and thunderstorms for the region. This advisory comes after widespread waterlogging and traffic disruptions occurred previously. Rain intensity is expected to ease from Sunday onwards.
Multi-asset allocation funds have outperformed the Nifty over one and three years, helped by strong gold, REIT and InvIT returns. Their diversified portfolios provide flexibility across equities, fixed income, precious metals and alternatives, with Quant, Nippon India, WhiteOak, ABSL and UTI among top three-year performers.
Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial support and 24,150-24,200 resistance. Analysts expect volatility to stay subdued, while Bank Nifty remains range-bound. BSE, Groww and Angel One also await decisive breakouts for direction.
Motilal Oswal AMC is favouring high-growth themes including defence, renewables, hospitals, digital businesses and capital markets, while limiting exposure to large banks, IT, commodities, FMCG and traditional vehicles. Its concentrated, high-beta strategy targets sustained earnings growth and alpha.
McVities Wholewheat Marie biscuits contained 52% maida and only 19.5% whole wheat flour, according to the CCPA. Pladis argued that Wholewheat was a registered trademark and pointed to a disclaimer. The CCPA rejected the defence, called the packaging misleading and ordered the company to pay Rs 1 lakh.
Karamtara Engineering has set its Rs 875 crore IPO price band at Rs 241-254, with subscription opening September 9. The renewable energy and transmission products maker reported strong FY26 growth, while its diversified manufacturing portfolio supports expansion across global markets.
The Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's share capital. This approval is valid for one year from the RBI's letter date. The central bank's approval will stand cancelled if not utilized within this period. This acquisition is subject to compliance with all applicable regulatory provisions.
Gold rate today: Consumers are encouraged to verify purity and any additional fees prior to purchasing. The Indian Bullion & Jewellers Association also offers guidance on indicative rates for assorted gold and silver purities.
Cleaner-fuel vehicles now account for 42 percent of passenger car sales in India. This marks the first time these alternatives have outsold petrol-powered vehicles. Petrol's market share dropped to a record low of 41 percent in August. Compressed natural gas vehicles saw their share rise to 25 percent. Electric car sales increased significantly, reaching 7.7 percent penetration.
A Japanese Self-Defense Force contingent has arrived in Jodhpur for Exercise Veer Guardian 2026. This joint exercise will enhance interoperability and operational synergy between the two air forces. The training will focus on improving tactical proficiency and deepening mutual understanding. This event follows a recent meeting between the defense ministers of India and Japan. Both nations agreed to expand cooperation across key sectors including maritime security.

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