The Economic Times

Mediators are continuing indirect talks with Iran and the United States to broker a deal that would end fighting and reopen the Strait of Hormuz, despite President Donald Trump publicly rejecting Tehrans latest proposal. Officials told AP that Washington has not formally rejected the draft, while mediators seek concessions from both sides.

The US bond market is executing a severe repricing of the cost of money. On Thursday, the 30-year Treasury yield reached 5.48%, a peak unseen since 2004. The benchmark 10-year yield touched 5.20%, marking a 1.25 percentage point climb since early March. Because bond prices fall as yields rise, this represents a massive selloff in the world's deepest government debt market. The 30-year yield specifically measures investor willingness to finance long-term government borrowing. Demanding 5.48% show

An Indian woman living in Dubai has shared a video of her small rented room, saying she pays around Rs 45,000 every month for the space. Sakshi described the accommodation as a tiny little box and said she had lived there for a year. She is now preparing to move into another room of a similar size.

When US polls close, election results are reported in stages beginning with preliminary totals. Media organizations like AP make race calls based on available information and contender standings. While results may change as additional ballots are counted, the official certification is completed later by election authorities. This formal process ensures a true and accurate vote count after all procedures are finalized.

A 12-hour shutdown in Senapati district, Manipur, has caused major disruptions, initiated by the Naga Peoples Organisation protesting the tragic deaths of three Naga civilians. The incident, which unfolded in Kailenjang village, resulted in the immediate death of two civilians, with a third succumbing to injuries later. The Naga Peoples Organisation insists on a comprehensive investigation.

Ford has halted or reduced F-150 production at its Michigan and Missouri plants because of a supplier-related parts shortage. Around 3,500 workers at the Dearborn Truck Plant have reportedly been told to stay home, while several shifts have also been canceled at the Kansas City Assembly Plant. Since last year, Ford has struggled with keeping its F-150 production going to meet demand.

Hugh Jackmans venture with coffee started following a 2009 trip to Ethiopia, where he met a young coffee farmer named Dukale. Motivated by Dukales determination, Jackman established Laughing Man Coffee in 2011 with an objective to support coffee-growing communities. The brand concentrated on premium coffee while directing 100 percent of Jackmans profits to the Laughing Man Foundation.

US Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled investors following last weeks broad rally. The Dow Jones Industrial Average dropped 379.73 points, or 0.73%, to 51,448.89. The S&P 500 sank 0.94% to 7,670.67, while the tech-heavy Nasdaq Composite dropped 1.22% to 26,737.84. Energy marked the sole S&P 500 sector trading in positive territory, benefiting directly from a fresh spike in global fuel costs.

The ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traffic has decreased significantly through Hormuz due to conflict, impacting global energy markets. The situation at Bab el-Mandeb has worsened after Houthi forces seized strategic Perim Island. Discussions between the US and Iran continue with hopes for reopening Hormuz amid rising concerns.

Starting October 1, millions of additional Amazon Prime customers could receive automatic payments as part of a settlement. This expanded distribution includes consumers who used 11 to 20 Prime benefits within a year. Eligible subscribers do not need to complete any forms to receive their compensation. Amazon has already refunded over $845 million to affected customers prior to this announcement.

Commerce and Industry Minister Piyush Goyal will visit the US from September 29 to October 5 for the G20 Trade Ministers meeting and talks with US Trade Representative Jamieson Greer on the India-US bilateral trade agreement.

At the Asian Games, Indian javelin throwers Yashvir Singh and Rohit Yadav showcased their skills by securing silver and bronze medals. Yashvir set a new personal best with a distance of 85.72m on his last throw, while Rohit clinched bronze with a throw of 84.35m. The gold medal went to Sri Lanka's Rumesh Tharanga Pathirage, who threw 88.55m. With this achievement, Indias medal tally now stands at an impressive 45.

Commerce and Industry Minister Piyush Goyal will visit the United States from September 29 to October 5 and participate in the G20 Trade Ministers meeting, the Commerce Ministry said. The visit comes as India continues engagement with the US on trade and economic issues, with Goyal set to hold official engagements.

Both Indian men's and women's squash teams successfully qualified for the quarterfinals in the Asian Games. The women's team achieved a victory against Japan while the men's team comfortably defeated South Korea. Anahat Singh lost her match against Satomi Watanabe, but Joshna Chinappa and Tanvi Khanna secured wins for India. The men's team displayed strong performance with several decisive victories over their opponents.

India and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The two countries aim to reduce transaction costs, improve payment access, and settle international trade using Indian rupees and UAE dirhams. Various sectors, including energy and technology, will see increased investment opportunities as a result of these initiatives.

SpaceX's Starship Flight 14 is set to attempt orbital insertion and deploy next-generation Starlink V3 satellites. The mission will also involve testing the spacecraft's heatshield during atmospheric reentry. Starship will work in conjunction with the Super Heavy booster to complete multiple objectives. The launch window opens later today and lasts for about 75 minutes. Successful execution of the mission is essential for future SpaceX operations in space.

A consumer commission in Gurdaspur has ordered MakeMyTrip to pay Rs 48,775 to an advocate whose family says the Srinagar and Gulmarg hotels they booked online could not be found, leaving them to spend a night in their car in the snow.

LPU Protest Reason: LPU protests erupted on September 27 after a rape allegation involving a female student at Lovely Professional University in Punjab. Students are demanding justice, stronger hostel security and accountability. Police have registered a case and formed an SIT to investigate. The university has suspended classes for 10 days and postponed mid-term exams.

AICC general secretary K C Venugopal made serious allegations regarding the integrity of the Election Commission. He claimed a conspiracy involving CEC Gyanesh Kumar, PM Narendra Modi, and Home Minister Amit Shah. Venugopal pointed out that illegal acts were committed to benefit the ruling party. He announced a Congress working committee meeting to discuss the situation in detail. The alliance of opposition parties is also expected to coordinate their response.

Jefferies has moved Max Financial Services to the top of its life insurance picks, retaining a Buy rating despite cutting its target price. The brokerage expects regulatory changes to have a manageable impact on growth and sees further opportunities through Axis Bank.

Indias potential mainboard IPO pipeline is estimated at around Rs 3.86 lakh crore in the second of 2026, nearly 3.5 times the Rs 1.10 lakh crore raised so far in the year, according to AIBI. Of this, potential IPOs worth Rs 2.43 lakh crore have received the Sebi approval, while another Rs 1.44 lakh crore is awaiting clearance, the report said.

Tonbo Imaging has received SEBI approval for its proposed IPO, comprising an offer for sale of up to 18.09 million shares. The defence electronics maker has a global footprint, with more than 28,000 systems deployed across 24 countries.

Three mainboard IPOs: AceVector, Runwal Enterprises and German Green Steel & Power, entered their second bidding day with strong investor interest. German Green Steels issue was subscribed 3.14 times, while AceVector and Runwal Enterprises were each 37% subscribed. Meanwhile, 20 IPOs are scheduled to launch next week, targeting combined proceeds of Rs 1,292 crore.

The Supreme Court has declined to grant an interim stay on the governments new merchant discount rate policy. This policy imposes a 0.4% charge on specific Unified Payments Interface transactions exceeding Rs 2,000. The decision comes as a public interest litigation challenges the legality of this levy. Notices have been issued to the government and financial organizations involved. The new policy is set to take effect on October 15.

IndusInd Bank has introduced a new banking vertical specifically for Global Capability Centres within India. This initiative aims to address the growing banking needs of these centres as they expand. The vertical integrates corporate and employee banking into a unified relationship. It also includes foreign-currency account services to meet cross-border transaction requirements. IndusInd Bank's approach reflects the evolving landscape of the GCC ecosystem in the country.

IPO allotments for Elevate Campuses, Swastika Infra and ArMee Infotech are expected on September 28, following subscription between September 23 and 25. Investors can check status through NSE, BSE and respective registrars. The three companies are scheduled to list on September 30, with refunds expected by September 29 for unsuccessful applicants.

Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distribution reforms raise concerns over commissions, revenue and earnings.

Sensex crashes over 1,000 points, Nifty50 below 22,850; erases nearly 6 lakh cr in an hour

HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle could improve execution and support a rerating. The brokerage retained its Buy rating and Rs 880 target, citing scope for stronger deposit growth, fee income and a better loan mix.

Augmont Enterprises shares rose after the company and its subsidiaries were empanelled by NSE as key partners to promote Electronic Gold Receipts (EGRs). Augmont will support the creation and redemption of EGRs, helping facilitate the conversion of physical gold into EGRs and back, with the aim of boosting participation and strengthening Indias formal gold market ecosystem.

Analysts recommend four stocks for short-term gains of up to 18%, citing technical breakouts, improving momentum and supportive chart patterns amid heightened market volatility and key domestic and global cues.

Suzlon Energy shares slipped over 2% to a near six-month low, approaching their 52-week low amid higher trading volumes and broader market weakness. Investors are also tracking the company

NSE slipped below their Rs 1,785 IPO price on Monday, taking its market capitalisation to Rs 4.36 lakh crore. Despite the decline, brokerages remain positive on the stock, with Macquarie, Emkay and PL Capital setting target prices between Rs 1,950 and Rs 2,050, citing its market leadership and growth prospects.

Former Manipur chief minister N Biren Singh said more than 60 people have been killed since early 2026 as violence continues unchecked in the state. His remarks came after suspected militants killed two Naga civilians and injured two others in Senapati district. At least 306 people have been killed and 49 remain missing since ethnic violence began in May 2023.

Rajiv Anand, the MD and CEO of IndusInd Bank, has been informed that his name is unmapped from the electoral roll. He expressed confusion as he has valid identification including voter ID and Aadhar card. The Election Commission is conducting a Special Intensive Revision for voter list updates. They have extended deadlines for filing claims in Delhi and Maharashtra as part of this effort.

Benjamin Satterley, famously known as Pac in AEW and Neville during his time in WWE, has passed away at the age of 40. Beginning his wrestling journey in 2004, he made a name for himself on Britain's independent wrestling scene and in Japan's Dragon Gate. Joining WWE in 2012, he won multiple championships.

PB Fintech shares rose 4% after Bernstein retained its Outperform rating and Rs 2,310 target price, despite the stocks sharp fall following IRDAIs proposed ban on dark patterns. The brokerage expects lower insurance take rates, revenue and profit estimates, while cost rationalisation could provide some cushion. IRDAIs draft framework also proposes sweeping changes to insurance distribution and commission structures.

BSE shares fell over 2% amid a broader market decline, trading more than 30% below their May high. Brokerages offered mixed views, with Macquarie bullish on growth prospects, while Jefferies and Nuvama flagged regulatory and operational headwinds, including STT changes, RBI norms and the Closing Auction Session impact.

Donald Trump could become a lame duck president after US midterm elections but prospects at the ballot box are looking brighter for ducks of the feathered variety. There are more pressing issues like defense of democracy, like standing up to the (Trump) administration's encroachments on democracy but since the ban is on the ballot, I figured I might as well help out. msp/sms

India's exporters will encounter new carbon costs due to the European Union's Carbon Border Adjustment Mechanism. The mechanism, effective from January 2026, targets carbon-intensive goods and imposes a cost on emissions. India's heavy reliance on carbon-intensive industries like steel and aluminium raises significant challenges in maintaining export competitiveness. The country is establishing a domestic carbon market to mitigate these challenges and promote cleaner technologies.

On September 25, three Nifty 500 stocks closed more than 1.5% above their VWAPs, indicating stronger closing prices relative to their volume-weighted average traded prices during the session.

The Moneyview IPO is poised to conclude on September 28, generating considerable excitement among investors with a notable demand. The Grey Market Premium has surged to 41%, indicating a promising listing price. On the second day of bidding, the IPO saw an impressive subscription rate of 6.01 times, particularly among Retail Individual Investors. Moneyview Ltd.

Shah Investor's Home IPO opens for subscription on September 28, with the Rs 90.17-crore issue commanding a 5% GMP. The book-built issue comprises a fresh issue of 53.99 lakh shares and closes on September 30.

Fortis Healthcare shares will be in focus after the Supreme Court allowed a forensic audit of the hospital chain to proceed, while clarifying that observations made by the Delhi High Court were limited to the audit proceedings. Fortis said no liability, penalty or fine has been imposed and reiterated that it had no role in the transfer of shares by its erstwhile promoters.

PC Jeweller has become debt-free after clearing dues to all 14 consortium banks ahead of schedule, strengthening its balance sheet. The stock has rallied 89% in six months, while Q1 FY27 profit rose 37% year-on-year to Rs 222 crore and revenue increased 21% to Rs 877 crore, reflecting improved performance.

The landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the increasing preference for directors equipped with CEO-level expertise. In contrast, Indian women's representation on boards continues to stagnate. Compounding these dynamics, future entry for Indian executives into the US job market may face challenges due to prevailing immigration policies.

The Multi Commodity Exchange of India is set to witness a remarkable revenue surge, estimating a compound annual growth rate of 19 percent through FY30. This positive trend is largely attributed to an uptick in investor engagement and the introduction of innovative commodity products. The revenue is expected to reach Rs 39.92 billion by FY29, although the exchange's solid market position could face challenges from regulatory changes and new competitors.