The Economic Times

The Supreme Court rejected Chitra Ramkrishna's appeal regarding the NSE co-location case. This decision allows a Delhi court to proceed with the corruption charges against her. The court upheld the Delhi High Court's ruling on public duty and public servant definitions. Ramkrishna, former NSE MD and CEO, faces charges of illegal gratification and conspiracy. The case involves alleged improper dissemination of exchange data to select stockbrokers.

US lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries like India and China. Another amendment seeks to remove the tariff provision entirely from the bill. India's energy sourcing policy prioritizes national interests amid these developments.

The Enforcement Directorate aims to expedite money-laundering trials within eight months. Zonal offices will identify key cases for accelerated prosecution and conviction. A new trial monitoring system will track case progress and delays. The agency is also expanding its sanctioned strength by sixty percent. This structural change will enhance the directorate's operational capabilities significantly.

Indias goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports declined. Key free trade agreements are on track for finalisation, while exporters are being prepared for the European Unions Carbon Border Adjustment Mechanism. Trade ministers are also set to address bilateral concerns and review the status of ongoing free trade negotiations.

Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTOs World Trade Report 2026. Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met, the WTO said.

Sivakumar Sundaram highlighted the importance of collective purpose at The Economic Times awards, urging awardees to utilize recognition as a foundation for ongoing contributions. He addressed the swift evolution of AI and stressed the necessity for aligning human values with technology. Cautioning against becoming overly reliant on devices, he emphasized that maintaining relevance demands a continual showcase of one's value and capability.

Nelson Mandela's wisdom teaches us the importance of resilience in the face of adversity. He championed the fight against apartheid and racial oppression in South Africa. His insights remind us that failure is merely a stepping stone on our path. Embracing our failures with an optimistic mindset can yield true success. By learning from our setbacks, we rediscover our strength to rise again.

The rise of technology is paving the way for younger Indians to step into leadership roles much earlier. Kiran Mazumdar-Shaw predicts that the notion of age-based distinctions might soon vanish. Driven by innovation, these young leaders are daring to take risks and develop groundbreaking business strategies. This fresh wave of leadership promises to significantly influence India's economic landscape, forging a path towards global ambitions fueled by technology.

Corporate executives emphasized the necessity of embracing proactive self-disruption as technology evolves and consumer preferences shift. It's imperative for businesses to adapt continuously, even when thriving, to stay competitive. As AI's role amplifies, the significance of data remains high, requiring adept insight extraction. Successful adaptation demands organizations to evolve structurally while upholding core values. The greatest danger lies in delaying change in a swiftly changing marke

The Economic Times 40 Under Forty awards honored young leaders shaping India's future. The event celebrated personal and professional achievements with family and friends present. Discussions focused on technology, ambition, and the evolving entrepreneurial landscape. A panel explored the balance between artificial intelligence and human intuition in decision-making. The evening highlighted lives in constant motion, celebrating ambition and future possibilities.

SS Retail has secured Rs 146 crore from anchor investors before its upcoming IPO. Domestic mutual funds were the largest participants in this anchor book allocation. The company will open its initial public offering for subscription on September 16. SS Retail operates as a multi-brand retail chain for electronics and mobile phones. Anand Rathi Advisors and Emkay Global Financial Services are managing the IPO process.

The Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability of India's digital payments ecosystem. New provisions will apply MDR to person-to-merchant transactions exceeding two thousand rupees. Person-to-person transactions and smaller merchant payments will remain free of charge.

A new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand rupees will incur a fee. This framework shields small merchants and everyday consumer transactions from charges. The revenue distribution aims to support issuing banks and payment applications. This policy seeks to ensure UPI's long-term financial sustainability and accessibility.

Hero Motors secured Rs 300 crore from anchor investors before its upcoming IPO. The company plans to raise Rs 1,000 crore through a mix of fresh issue and offer for sale. Proceeds will fund debt repayment, capital expenditure, and potential acquisitions. The automotive technology firm designs and manufactures powertrain solutions for various vehicles. Its IPO opens for public subscription on September 16 and closes on September 18.

AU Small Finance Bank appointed two new senior executives to its leadership team. Anil Agarwal and Amol Padhye joined the bank as part of its strategic expansion. These appointments precede the bank's planned transition into a universal bank. AU received in-principle approval from the Reserve Bank of India. The bank must complete this significant transition within eighteen months.

Indian markets reversed morning gains to plunge over 1% on Tuesday as surging oil prices, rising bond yields, global uncertainty and foreign outflows pressured sentiment. Nifty breached 23,231 support, while 2,824 NSE stocks declined, signalling strong bearish market breadth.

Yes Bank has approached the Supreme Court challenging a recent Delhi High Court directive. The court ordered a forensic audit into the sale of Fortis Healthcare shares. Yes Bank argues it was not a party to the original arbitration proceedings. However, the bank does not oppose auditing Fortis and its former promoters. It will provide relevant transaction information within legal limits.

Domestic markets face pressure from high crude oil prices, rising bond yields and foreign outflows. Analysts recommend Acme Solar, Emcure Pharma and Prime Focus for potential gains, while Bharat Dynamics faces a bearish outlook after breaking key support levels.

Sebi has proposed tighter business continuity and disaster recovery norms for market infrastructure institutions, including shorter mock drills, stronger data centre stress testing, improved configuration controls and enhanced data recovery mechanisms to strengthen resilience against operational disruptions.

At GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no credit history. The products build on UPI-era behaviour to tap into formal credit, aiming to bring rewards, flexibility and credit-history building to Gen Z, homemakers, freelancers and semi-urban India.

At the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, internet-free payments stack pre-loaded on HMD, Nokia, Lava and itel handsets to 200 million-plus Indians still on basic phones.

The Central Consumer Protection Authority fined Rapido Rs 10 lakh for misleading interface designs. Rapido used dark patterns like 'Confirm Shaming' and 'Interface Interference' to nudge riders. The authority also found the platform guilty of misleading advertisements and unfair contract terms. This action follows a sector-wide examination into advance tipping and dynamic pricing.

Sebi has put forth a proposal to lessen the duration of disaster recovery drills for market infrastructure institutions, reducing them from a full trading day to a minimum of four hours. This step aims to bolster operational resilience and improve data recovery processes within exchanges. The drills will be held on non-working days to replicate realistic trading conditions.

Valmiki Leela Capital has built a 3,000 crore IPO pipeline for the next 12-18 months across renewable energy, power, pharmaceuticals, packaging and electrical goods after completing its maiden 460-crore Deepa Jewellers mainboard mandate with strong investor subscription.

Tata Sons' board will meet soon to address key issues. The RBI rejected the company's application to surrender its NBFC registration. Chairman N Chandrasekaran will not seek a third term in February. A governance impasse at a principal Tata Trust complicates succession planning. The potential listing of Tata Sons remains a contentious and divisive issue.

American actor Sydney Sweeney is facing intense backlash for featuring naked but covering parts of her body with various pieces of sporting equipment for a viral commercial for Novig. Amid this, the story of track athelete Allyson Felix's departure with Nike in 2019 and how she went on to create her own footwear brand Saysh is making waves online.

Bandhan Group has introduced its latest brand initiative, 'Bandhan Kaamyabi Ka,' heralding a transformative chapter in its journey as a comprehensive financial services provider. Celebrating 25 years of impactful growth, this campaign embodies the company's dedication to advancing the financial aspirations of individuals and enterprises alike, positioning itself as an enduring partner in financial development.

Newly surfaced FBI records reveal gunman Thomas Matthew Crooks was withdrawn and fixated on firearms. He opened fire at a Trump rally, grazing the candidate's ear. A fire chief died shielding his family while two others were injured. Crooks was shot dead by Secret Service snipers at the scene. Investigators found no clear motive despite extensive interviews and digital file reviews.

School assembly news headlines (September 16):Delhi is set to develop hostels catering to 10,000 students, while Google faces scrutiny concerning fraudulent Gmail accounts. The Supreme Court has issued a notice to regulate educational institutes. Dinesh Sharma has officially taken his oath as the lieutenant governor of Andaman and Nicobar Islands. The WTO warns that global trade fragmentation could severely affect poorer economies.

Word of the day: The Latin roots of dissonant trace back to dis- and sonare, literally meaning sounds that fall apart from one another. Composers have long used dissonant chords deliberately, creating tension before resolving it into harmony. Beyond music, the term extends into everyday language to describe clashing opinions, and forms the basis of cognitive dissonance, a widely referenced concept in psychology describing the discomfort of holding contradictory beliefs.

Nifty witnessed a sharp 2% plunge in indicative price within seconds during Tuesdays closing auction session before recovering losses. The volatility comes amid concerns over the new CAS system, with Sebi proposing changes to expiry-day settlement and trading mechanisms.

NSE may seek Sebis approval to allow its shares to trade on its own platform after its IPO, despite being formally listed only on BSE. The exchange is exploring the permitted-to-trade route, which could expand investor access while keeping NSE subject to regulatory oversight and its existing compliance obligations.

Analysts expect the Reserve Bank of India to raise key policy rates soon. Headline inflation is projected to rise further, influencing this decision. Global factors like oil prices and US Federal Reserve actions also play a role. Economists suggest two rate hikes in October and December this year. This move aims to manage inflation and maintain real interest rate credibility.

Delhi government will construct secure hostel facilities for ten thousand students. These equipped hostels will cater to both male and female university students. Inter-departmental consultations are underway to finalise land and architectural plans. This initiative aims to provide affordable and safe accommodation for students. The project seeks to alleviate parental anxieties regarding student living conditions.

New data from Chandrayaan-1 supports an ancient impact basin in the Mare Australe region. Mineralogical evidence shows orthopyroxene distribution delineating the obliterated Australe Basin's boundary. This suggests a dual-impact scenario involving two basins in the lunar south. The basalts of Mare Australe exhibit unusual mineralogy compared to typical lunar basalts. This discovery aids in reconstructing the Moon's early impact history.

The company you keep plays a pivotal role in shaping your mindset and life choices. Surrounding yourself with positive influences can uplift your spirit and cultivate better habits. A famous Spanish saying reminds us that our companions can dictate our character and future. Choosing a supportive inner circle becomes essential for personal development and maintaining your reputation. Engaging with ambitious people propels you toward greater achievements.

In a notable ruling, a woman from British Columbia secured a $35,000 award from the court after her neighbors maliciously damaged her trees. While she had permitted the planting of small saplings, her larger trees were improperly cut and topped. The neighbors acted on unreliable information, disregarding the guidelines, which led to the loss of shade and enjoyment of her property.

India aims for a strong showing at the 2026 Asian Games in Aichi-Nagoya. Several athletes across shooting, archery, and badminton are identified as key medal contenders. Mirabai Chanu and Avinash Sable are also highlighted for their potential contributions. Wrestling stars Aman Sehrawat and Sujeet Kalkal are expected to add to the tally. These athletes represent India's best hopes for success in the upcoming event.

A viral video from Ludhiana allegedly shows a locked MG Windsor EV moving without its owner in control, sparking a social media debate over vehicle technology and safety. The cause of the incident has not been officially confirmed.

Indian markets faced a notable downturn, witnessing significant erosion of capitalisation. Factors like climbing US bond yields and escalating oil prices heightened inflation fears among investors. Anticipation of a rate hike by the Federal Reserve added to the market's woes. Additionally, growing geopolitical tensions in the Middle East, combined with a thriving IPO environment, intensified the pressure, culminating in a widespread sell-off across various sectors.

FIIs reduced their holdings in 93 smallcap stocks in the June quarter after increasing stakes for two consecutive quarters. Among them, 14 stocks have declined 1555% over the past six months, including HEG, GRM Overseas, Alok Industries, Natco Pharma and JK Tyre.

The National Stock Exchange is gearing up for a much-anticipated initial public offering after overcoming almost ten years of complex legalities and procedural hurdles. Following the submission of its DRHP to SEBI on June 17, 2026, the exchange has finally addressed regulatory concerns, allowing its listing to proceed. However, potential investors must weigh valuation and regulatory risks ahead of the anticipated September 2026 launch.

Technical analysts recommend five stocks, including Black Box, Adani Ports, ABSL AMC, Torrent Pharma and Data Patterns, with upside potential of up to 23% as markets navigate crude oil, geopolitical and Fed-related uncertainties.

Coforge shares fell after independent director and NRC chairperson DK Singh resigned, days after chairman OP Bhatt stepped down, raising concerns over the board changes. However, the company reiterated its FY27 guidance, retaining its targets of 20.521% consolidated EBITDA margin.

The IFSCA announced on August 25, 2026, the implementation of new market abuse regulations, which will replace existing SEBI guidelines for the GIFT-IFSC securities market. These regulations are designed to comprehensively combat insider trading and manipulation, employing international language and a unified coding system. The true measure of their effectiveness will become evident with future enforcement initiatives.

Traders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and expanding inflation. This potential adjustment is further compounded by an expected hike from the Federal Reserve, prompting analysts at Citi and Deutsche Bank to revise their predictions. The shift highlights growing concerns regarding inflation and the dynamics of economic growth.

Three of these companies hold more than 3% stake in Tata Sons, the groups holding company.

NSEs IPO could deliver a massive windfall to 10 public-sector shareholders, which together could make a profit of around Rs 12,802 crore by selling their shares at the upper price band of Rs 1,785. State Bank of India stands to gain the most, with a potential profit of nearly Rs 2,849 crore, followed by The New India Assurance Company.