The Economic Times

Oil markets reacted sharply on Wednesday as Iran renewed its assaults on U.S. military installations. Strikes by the Revolutionary Guards on American destroyers and a Jordanian base marked a direct counter to U.S. attacks on their oil tankers. Analysts caution that should shipping turmoil escalate, oil prices might spike to $120 per barrel, intensifying fears over crude supply stability worldwide.

India's exchange-traded funds that mirror US equities experienced a surprising spike, with gains from six to thirty-seven percent over two days, despite Wall Street remaining relatively unchanged. This significant upswing has been attributed to a recent adjustment by Sebi regarding circuit limit calculations. The new methodology enhances conformity between global and domestic ETF limits, resulting in expanded price variability.

The National Stock Exchange is considering reducing its initial public offering size. The proposed share sale could now amount to around

SpaceX stock may see increased buying pressure soon. Nasdaq 100 rebalancing is expected to boost its index weighting. More than one billion shares have been released from lockups. This change could force significant passive buying from index funds. Future share unlocks will further increase SpaceX's free float.

After a brief period of optimism, foreign investors are retreating from Indian stocks as rising crude oil prices and escalating global bond yields shift market dynamics. This change reflects a waning interest in emerging market growth assets, compounded by profit-taking strategies and a pivot towards AI investments. While domestic buying could offer some support, ongoing external pressures may dampen overall returns.

The Indian rupee fell significantly on Tuesday, reaching its lowest point in over a month. This depreciation occurred as crude oil prices neared $100 per barrel due to new militant strikes. The Reserve Bank of India intervened by selling dollars to limit the rupee's decline. Other emerging market currencies also experienced pressure during this period. The rupee is expected to trade within a specific range on Wednesday.

Defence stocks experienced a notable surge on Tuesday following government approval for military acquisitions. These proposals, valued at approximately

RBL Bank and Bank of Maharashtra are actively promoting dollar bonds in international markets as they look to refinance short-term loans acquired for FCNR(B) deposits. Meanwhile, UCO Bank and Bank of India are also gearing up for similar fundraising initiatives overseas, aiming to optimize their asset-liability structures following the closing of the FCNR(B) window. These funds will facilitate the repayment of short-term loans taken by the banks.

Kasikornbank in Thailand has initiated an impressive $800 million sale of U.S. dollar Tier 2 subordinated bonds. These bonds are designed to absorb potential losses, ensuring the bank's stability in challenging times. Launching at 173 basis points over U.S. Treasuries, the offering exceeded initial forecasts. With a maturity of 10 years and an early repayment option available after five years, the funds raised will support general corporate objectives.

Amazon has engaged banks to facilitate its inaugural sterling bond sale, targeting a range of maturities. This initiative aligns with the trend of hyperscalers pursuing varied funding sources amid the burgeoning AI landscape. Other technology firms are similarly tapping into different currencies to gather resources. The bond issuance is intended to support substantial investments in artificial intelligence advancements.

Bajaj Finance has completed a five percent equity investment in TrueFan AI, a move that aligns with Bajaj Finserv's commitment to fostering applied research and driving innovation. This investment will focus on tech startups that demonstrate significant scalability. TrueFan's platform is already being utilized for enhancing customer engagement, with the goal of expanding efforts in personalized marketing and AI-enhanced communication.

A study explored how white roofs reduced energy costs for AT&T communication buildings. Researchers observed significant roof surface temperature drops after applying white ceramic coating. Electricity savings were modest for most buildings, but payback was immediate. This experiment highlights the broader impact of reflective roofs on urban heat islands. Cool roofs offer a simple, cost-effective sustainability solution for many structures.

A supportive, engaged peer may be more useful than simply the student with the highest marks. Someone who explains concepts, studies consistently, asks questions and encourages persistence can provide meaningful learning opportunities.

A bridge project in New York is pioneering the use of recycled glass in its concrete mix. This groundbreaking technique not only keeps waste out of landfills but also leads to a noteworthy reduction in carbon emissions. KLAW Industries has created this technology, converting unused glass into a sustainable cement substitute.

Brian May initiated a woodland and wildlife reserve project in Dorset. He planted the first tree in September 2013, aiming for 100,000 trees. This initiative transformed former agricultural land into a significant ecological habitat. Local residents actively participated in planting efforts and named the wood.

BJP national spokesperson Gaurav Bhatia has filed a Rs 2 crore defamation suit in the Delhi High Court against the Cockroach Janata Party (CJP) and its leaders Abhijeet Dipke, Saurav Das and Ashutosh Ranka, according to a court filing posted by Bhatia on X. The case is scheduled for hearing Wednesday.

The Cauvery Water Regulation Committee ordered Karnataka to release water to Tamil Nadu. This directive mandates a release of 6,000 cusecs for fifteen days. Karnataka expressed disappointment, citing drought conditions and declining reservoir inflows. The state plans to approach the Supreme Court regarding this decision. Frequent disputes over Cauvery water sharing continue between the two states.

The United Kingdom government is banning trade with Israeli settlements in the occupied West Bank. Foreign Secretary Ed Miliband announced imports of all goods from settlements will cease. Services including financing and construction for settlements are also included in the ban. This action aims to preserve the possibility of a two-state solution. The government is toughening its stance against Israel's occupation of Palestinian territories.

Milk test: Testing milk for possible detergent adulteration at home is relatively simple. By vigorously shaking a small sample of milk, you can observe the foam that forms. Excessive or persistent bubbling may indicate the possible presence of detergent, as detergents contain surfactants that can increase foam stability. To reduce the risk of adulteration, always buy milk from trusted suppliers and check the packaging and labels carefully. However, a home test can only serve as a preliminary che

Quote of the Day by Sidney Sheldon: Sidney Sheldon's quote emphasizes choosing responsibility over blame for life's challenges. He began writing young and worked various jobs during the Depression. Sheldon achieved success in Hollywood, television, and as a novelist. His career spanned movies, TV shows, and bestselling books. The lesson highlights personal choice in defining one's future.

Prince George is beginning his new life at Eton College, where the future king will encounter centuries-old traditions, quirky school slang, a private room and even a boys maid. From a school pub to unusual punishments involving 500 lines of Latin and unpaid chores such as weeding a housemasters garden, heres a look at the surprising rules and traditions awaiting the young royal.

The National Stock Exchange's IPO is slated to open for public subscription on September 18. This significant offering is expected to raise approximately Rs 30,000 crore. The price band for this substantial IPO will be announced on September 15. This public issue will remain open for three days, starting September 18. The exchange's IPO is poised to become India's largest ever offering.

Carney hits Trump with Retaliatory Tariffs: What We Know So Far

Quote of the day by Henry Ford, If you don't think of the future, you won't have one, explains why planning, goal setting and preparation matter. The quote connects future thinking with action, adaptability and decision-making. Henry Fords life also shows how planning and innovation can shape business, production, workers, markets and society while failure can follow when leaders stop adapting.

Scientists are exploring subtle changes in black hole ringdown signals. These gravitational wave echoes could reveal surrounding matter or new physics. Subtle mismatches in frequency and damping may indicate hidden structures. Spinning black holes offer additional directional clues for detection. Future observations could test gravity in extreme cosmic environments.

A new weather advisory has been released, predicting heavy rainfall and thunderstorms in various regions. Bihar and Odisha are set to face considerable downpours accompanied by lightning. Meanwhile, Delhi and Haryana will experience warmer temperatures with a possibility of light rain. In contrast, Rajasthan and Punjab are likely to enjoy hot and sunny weather, with no severe conditions expected. Himachal Pradesh and Uttarakhand might witness scattered showers and sporadic thunderstorms.

Delhi's luxury hotels are experiencing a severe room shortage and increased prices. This situation is occurring just before the upcoming BRICS Summit event. Many top properties show no availability for the summit dates. High tariffs are being quoted for the few remaining rooms. This surge impacts regular tourists and business travelers.

A Gurgaon-based founder has sparked an online discussion about why a household earning Rs 3 lakh a month may still struggle to feel financially secure. Dr Sunny Garg said families can gradually build homes, education, vehicles and daily expenses around two incomes, making it difficult for either partner to leave work. He argued that financial freedom also depends on how long a family can manage without one income.

As of 2021, Indian villages faced significant challenges in meeting multiple sustainable development goals, with gaps in access to essential services and health insurance coverage. Interestingly, nearly all villages reached targets regarding adolescent pregnancies. These findings underscore the importance of tailored strategies for different communities, indicating that stronger local data systems are essential for achieving future progress.

Prime Minister Narendra Modi inaugurated key sections of the Western Dedicated Freight Corridor. He criticized opposition leaders for manufacturing grievances and spreading lies about national progress. The new freight corridor will significantly improve India's trade and commercial activities. Modi highlighted his administration's rapid infrastructure development compared to previous governments. He also inaugurated the BJP's new office in Navsari, emphasizing public service.

Ryan Hickman began recycling at age three, initially for money. His motivation shifted to environmental protection as he grew older. By twelve, he had recycled over 1.6 million items and founded Project 3R. This nonprofit focuses on recycling and environmental education for children. Ryan's efforts inspire sustainable living and hope for the planet.

Prime Minister Narendra Modi announced free online coaching for competitive exams. This initiative aims to reduce financial burdens on students' families. The government will oversee this coaching arrangement with top teachers. Education policy is being reshaped to include skills alongside degrees. Youth are urged to prioritize achieving a developed India by 2047.

The NIA filed a chargesheet against seven foreign nationals for illegal entry and stay. These individuals, including a US citizen, were arrested for alleged terror conspiracy links. They were apprehended after infiltrating India from Myanmar through the Mizoram border. The agency investigated their alleged involvement with ethnic armed groups in India and Myanmar.

Social Security benefit payments 2026: The first wave of September Social Security payments is set to go out this week, with beneficiaries born between the 1st and 10th of the month. For September 2026, the key Social Security payment dates are Sept. 9, Sept. 16 and Sept. 23. Social Security benefits are mainly paid to recipients who are older or retired are typically paid on Wednesdays.

Psychology does not suggest that every gut feeling should automatically be trusted. People can sometimes mistake intuition for anxiety, prejudice, wishful thinking or emotional conditioning shaped by past experiences. The risk of misinterpreting these feelings may be greater in unfamiliar or emotionally charged situations, particularly when a person has limited knowledge or expertise in the area.

The Reserve Bank of India has launched three key surveys today. These surveys aim to gauge inflation expectations and consumer confidence across India. The Inflation Expectations Survey of Households will capture price movement assessments. Urban and Rural Consumer Confidence Surveys will gather sentiment on economic conditions. Results from these studies will provide crucial inputs for monetary policy decisions.

Quote of the Day by A$AP Rocky: A$AP Rockys quote, I'm here to break boundaries, man. That's all. I'm here to be the first so that the people after me don't have to think twice about expressing themselves and being free explores the importance of individuality, courage, and freedom of self-expression. The quote suggests that breaking boundaries and challenging expectations can create opportunities for others to express themselves openly, embrace their uniqueness, and live freely without being li

From 2006-14, this freight corridor was just in files...: Modi slams Oppn, hails WDFC in Vadodara

Quote of the day by David Guetta offers a simple lesson about choosing your own path. His words explore individuality, creativity, confidence, and the courage to think differently. In daily life, following every expectation can sometimes hold us back. This life lesson asks readers to question outside pressure and make choices that reflect who they truly are.

Ukrainian President Zelenskyy welcomed constructive peace suggestions from US envoys, expressing his eagerness to converse with President Trump about defense strategies. Conversely, Russia claims it is on the brink of a military victory in Ukraine. After a short-lived weekend truce, both countries have resumed intense aerial bombardments, resulting in civilian casualties and serious infrastructure destruction in both Kyiv and Moscow.

Britain has published new legislation imposing tougher sanctions on Iran. These measures will restrict Iran's access to the British financial system. Trade bans will also be broadened to include more goods and technology. Iranian aircraft will be prohibited from landing in Britain unless exemptions apply. This legislation aims to curb Tehran's nuclear program and hostile activities.

The Supreme Court rejected Parsvnath Developers proposal on handing over flats or repaying homebuyers, calling it another device to delay proceedings. The bench warned it may appoint a High-Powered Committee unless a proposal addressing allottees claims is submitted, while refusing an IRP plea to operate a frozen bank account.

Indian travellers are increasingly taking trips without waiting for holidays. Fifty-eight percent of travellers took trips simply because they wanted to. Many travellers booked trips to celebrate small wins and for a change. Everyday situations also emerged as unconventional triggers for travel. Travellers are creating their own reasons to get away.

Four BSE 250 LargeMidcap stocksLenskart Solutions, Solar Industries India, Divis Laboratories and Laurus Labshit fresh 52-week highs despite a 555-point Sensex decline, highlighting strong investor interest and momentum across select large and mid-cap stocks.

India has built an exponentially large digital payments ecosystem, claiming 49% of the global share in digital transactions. As scale moves down the priority list, the next important goal to achieve is trust. At the Global Fintech Fest in Mumbai Suresh Sethi, Group Country Manager, India and South Asia, Visa, will discuss why trust should be a part of the system by default and what Visa is doing to build the trust infrastructure through identity, authentication, tokenisation, risk intelligence,