The Economic Times

The Reserve Bank of India has rejected Tata Sons application to surrender its core investment company registration and remain outside the regulatory framework applicable to upper-layer non-banking finance companies. The decision effectively requires Tata Sons to comply with the applicable regulations, including the requirement to list.

In an email sent by Mehli to Tata Trusts CEO Siddhartha Sharma and 'CC'd'Mehli said TEDT would not bear any part of the legal expenses relating to the dispute.

Financial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrupted banking services during a proposed three-day strike from September 28. AIBEA is demanding a five-day banking week and has warned of an indefinite strike from October 26 if its demand remains unresolved.

Nepalese Prime Minister Balen Shah plans his first India visit by year-end. This visit aims to open new vistas for bilateral partnership and cooperation. Discussions will focus on industry-to-industry collaboration and job creation initiatives. Nepal also seeks fresh private investments and modernization of trade treaties. Discussions also covered reconstruction efforts following recent devastating flash floods.

The journey from INSAS to the indigenous AK-203 'Sher' involved years of negotiations, technical challenges and efforts to secure technology transfer from Russia. The article traces how India selected the AK-203, established a joint venture at Korwa in Uttar Pradesh and overcame hurdles to begin delivering the fully indigenous assault rifle to the Army.

Indias large savings base needs to grow further, but significantly greater private-sector participation will be essential to mobilise the investment needed for the countrys Viksit Bharat goal, Chief Economic Adviser Anantha Nageswaran said at a conference on financing Indias development journey. He outlined three priorities for states: creating an environment that encourages private investment by improving access to land, power and logistics and ensuring effective single-window clearances.

US President Donald Trump said in a Truth Social post that he is forming an AI Force, like the Space Force of his first term, and will soon announce an AI Czar, as he called the destruction of AI the latest Hoax by the Radical Left Democrats.

Finance Ministry will meet bank executives on Monday. They will discuss continuity of banking operations during a three-day strike. The United Forum of Bank Unions called the strike for September 28. This strike will impact banking services for five days. Bank unions demand a five-day banking week and pension updates.

Quote of the day by Robert Kiyosaki: Robert Kiyosaki's quote on being broke and poor offers a perspective on financial setbacks, resilience and the importance of mindset. Featured in Rich Dad Poor Dad, the message encourages readers to distinguish between temporary money problems and long-term financial habits. Kiyosaki's broader philosophy highlights financial education, money management and the value of learning from difficult financial experiences.

Quote of the day by Jennifer Lawrence explores her view that a powerful woman can combine confidence, fairness, kindness and ambition. Lawrence shared the thought during a Dior campaign video in 2014. Her words focus on self-respect, setting boundaries, pursuing goals and treating others fairly. The quote also provides context for understanding how confidence and determination can exist alongside kindness in everyday life and relationships.

Temple of Confucius: Built in 478 BC, the Temple of Confucius in Qufu, China, grew through centuries of rebuilding into a vast historic complex. The site includes the Temple and Cemetery of Confucius and the Kong Family Mansion, with ancient buildings, trees, stelae and historic collections. Inscribed by UNESCO in 1994, it reflects the enduring cultural legacy associated with Confucius.

Karnataka Minister M B Patil announced an investment potential of over Rs 15,000 crore, with Lam Research investing Rs 9,298 crore and Applied Materials Rs 3,600 crore. These investments are expected to strengthen Karnataka's semiconductor supply chain capabilities. Land has been allotted for Lam Research's silicon-component manufacturing facility, while Applied Materials will expand its long-term operations at Bengaluru Signature Business Park.

The story of the man who paid $4 for an old document at a Pennsylvania flea market is a remarkable reminder that history can sometimes hide behind the most ordinary objects. The discovery transformed a forgotten sheet of paper into a rare window into July 1776, when John Dunlap printed the Declaration of Independence for rapid distribution across the colonies.

A 27-year-old man's wedding dilemma has sparked debate on Reddit after his parents suggested spending Rs 50 lakh on a grand celebration and taking a Rs 45 lakh personal loan to fund it. His fiance's family prefers a simpler Rs 15 lakh wedding. Reddit users urged him to avoid heavy debt and prioritise long-term financial stability over lavish celebrations.

Anton Chekhovs reflections on love suggest that falling in love may reveal qualities already within us rather than transform us into someone entirely different. This quote-of-the-day explores the Russian writers life, literary career and views on human nature, while examining how love can expose the person we are capable of becoming.

Nazca Lines archaeological mystery: Giant geoglyphs in Peru's arid plains have survived for over two millennia. These Nazca and Palpa Lines depict animals, plants, and geometric shapes. Created between 500 B.C. and A.D. 500, their purpose remains a mystery. The site's extreme dryness preserved these ancient artistic achievements.

An analysis found that the National Green Tribunal did not rule in favour of environmental or public-interest parties in any of their 16 merit appeals during January-June 2026. Industry, project proponents and property owners secured favourable orders in 58.8% of their 51 merit appeals, while 44% of all appeals were dismissed on technical or procedural grounds.

Earl Spencers new memoir revisits Princess Dianas final days, claiming Queen Elizabeth II asked What is she up to now? after first hearing of the crash, while also recounting King Charles alleged words following Dianas death, offering a deeply personal account of the royal familys response to the tragedy.

A shortage of supertankers, driven by the US-Iran conflict and a South Korean tycoon's big shipping bet, has pushed freight costs to record highs, adding about $26 a barrel (roughly a quarter of WTI's price) to Houston-to-Asia shipments.

Goldman Sachs says the global cost of capital is rising as AI infrastructure spending pushes companies to borrow more while governments also increase debt for infrastructure, energy security and defence. The bank warned that higher funding costs could weigh on equities if earnings growth slows, even as AI-related borrowers drive a growing share of bond issuance.

The NCP (SP) seeks details on India's economic exposure to a new US law. This legislation authorizes significant tariffs on nations buying Russian energy resources. Party leader Mahesh Tapase warned of higher fuel costs for citizens. He questioned the government's preparedness for potential trade disruptions. The party demands transparency regarding exporter protection and alternative oil sources.

Denmark and Greenland stated sovereignty remains intact with a new US military deal. This agreement allows the United States to develop a significant military presence there. It also prohibits adversaries from building their own bases on the island. Both nations expressed hope for a binding agreement to end uncertainty. The deal aims to strengthen security in the Arctic and North Atlantic regions.

Nifty enters the week in a corrective, range-bound setup, with 23,00023,100 emerging as crucial support and 23,500 as the first resistance. Weak momentum indicators and subdued volatility suggest cautious trading. A sustained move above 23,500 could support a rebound, while a break below 23,000 may deepen the correction.

During intense Test matches, Rohit Sharma often faced sleepless nights due to nervousness, which was a common struggle with the format's unique pressures. To cope, he turned to his mother's homemade banana wafers, finding comfort in their familiar taste. This snack became a cherished anchor for him as he navigated the demanding landscape of Test cricket.

ED has arrested Sukriti Foods promoter Kailash Chand Mangla in the alleged TTD ghee adulteration case, claiming palm-based oils and chemicals were used to manufacture Rs 96 crore worth of adulterated ghee supplied as Agmark Special Grade Cow Ghee.

Indian cricketers await correct kit sizes before their Asian Games departure. The BCCI arranged its own hotels due to accommodation concerns for the team. Players will wear standard kits for one match and special Asian Games jerseys. Sizing issues with the official Asian Games jerseys have largely been resolved. The women's team accommodation was not affected by these organizational problems.

A recent investigation into the brains of deceased former NFL athletes revealed a staggering incidence of chronic traumatic encephalopathy (CTE), found in 93.2% of 338 examined cases. However, the overall prevalence among all players is notably variable, ranging from 18.5% to 98.7% due to the limited number of brain donations.

Ten BSE SmallCap stocks, led by Moneyboxx Finance with a 47% gain, rose in each of the five trading sessions through September 18 despite broader market weakness.

Blackstones early India push struggled to gain traction, but a shift towards control stakes and sectors such as IT services, real estate and manufacturing has since made India its best-performing private equity market globally. President Jon Gray says the country is nearing a tipping point for faster growth, though trade and energy risks remain.

SBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of significant financial losses from the scheme. Mobilized funds could support additional bank credit and generate considerable interest income. Hedging costs are considered manageable, and the RBI could see added profitability. This scheme's liquidity will support credit demand amid outflows and prudent risk management.

Tata Group stocks witnessed sharp volatility this week as developments around the Tata Sons IPO triggered strong buying and selling. Tata Chemicals led the gains with a 13% rise, while Tata Investment Corp gained 8%. Tata Power, IHCL and Tata Motors Passenger Vehicles also ended higher despite Friday

Three stocks, including Taal Tech, Midwest Energy and Naturite Agro Products, will turn ex-split next week, with investors needing to buy before their respective record dates.

Tata stocks plummeted on Friday due to opposition from Tata Trusts, who contested the reappointment of N Chandrasekaran as chairman by the Tata Sons board. This leadership tug-of-war has raised concerns among investors, uncertain about its implications for multiple group companies. The potential for Tata Sons to go public remains a pivotal opportunity for stakeholders, with future resolutions between the board and Trusts likely affecting market sentiment.

Thousands gathered outside the Kennedy Center to protest US President Trump's plans. Protesters formed a human chain around the iconic performing arts institution. Organizations voiced concerns over potential closure and demolition of the center. A judge blocked plans to rename the building and ordered notice for changes. President Trump stated he could save the center but sought recognition.

A federal judge ruled that US President Trump's administration unlawfully canceled a solar energy grant program. The judge found the Environmental Protection Agency exceeded its authority when rescinding grants. This program aimed to expand solar energy in low-income communities across the nation. The court vacated the EPA's termination of the Solar for All program. The EPA is currently reviewing the decision and considering an appeal.

The United Nations has appointed Luke Lindberg as the new leader of the World Food Program, succeeding Cindy McCain as executive director. Lindberg, an official in U.S. agriculture, will tackle critical funding issues while the organization strives to aid millions suffering from severe hunger. Historically, the U.S. has been the largest contributor to this essential food program. Prior to this, Lindberg held various trade and export positions in the U.S.

Delhi NCR weather today, September 19, is expected to remain mostly dry, with partly cloudy skies and temperatures reaching 34C to 36C. Will there be sudden heavy rain across New Delhi, Noida, Ghaziabad, Faridabad and Gurugram. Check latest IMD forecast for the parts of the NCR.

Noel Tata has taken a stand against the recent resolutions from the Tata Sons board meeting, deeming them invalid. He asserts that the voting was conducted under specific conditions that were later violated. Furthermore, he is calling for a public acknowledgment to rectify the proceedings of the meeting. This controversy emerged after the board, by a vote of four-to-one, reappointed N Chandrasekaran amid ongoing regulatory challenges facing Tata Sons.

Tata Sons has started preparing for a potential stock market listing after the RBI directed it to comply with regulations for upper-layer NBFCs, with February 2027 emerging as an internal working target, people familiar with the matter said.

Oman's Sohar Port is actively positioning itself as a gateway for Indian businesses. The port offers integrated facilities and investment opportunities across various industrial sectors. This strategic location provides Indian traders with an advantage for regional expansion. Sohar Port is a fast-growing global hub with value-added services for businesses. Oman's other ports like Salalah and Duqm also support Indian trade and investment.

Rahul Gandhi criticised the Election Commission's actions regarding party symbols. Ironically, the Congress party itself experienced a significant split decades ago. Indira Gandhi orchestrated this split, leading to a new party symbol. The Election Commission settled these rival claims by freezing the original symbol. This historical event mirrors recent party symbol disputes in Indian politics.

DJ RINOKA is a young DJ from Tokyo, Japan, who discovered her passion for DJing after watching a female DJ on YouTube when she was 4. After receiving a DDJ-200 for Christmas, she began DJing at 5. On 9 July 2023, she performed her first solo DJ gig in Tokyo at 6 years and 155 days old, becoming the worlds youngest female club DJ. She later performed at Neon Oasis 24 in Taipei City, Taiwan, on 21 January 2024, becoming the youngest female DJ to perform at a music festival.

Private sector financing is crucial for India's ambitious Viksit Bharat vision. Government budgets alone cannot meet the scale of transformation required. States are identifying sector-specific financing needs and innovative funding means. Increased domestic savings and efficient capital allocation are essential for sustained growth. Fiscal discipline and attracting more capital are vital for navigating global challenges.

Wisdom of the day by Sean Penn offers a grounded lesson about difficult choices, personal growth and finding meaning beyond comfort. His words speak to everyday struggles at work, in relationships and during uncertain decisions. They also raise a practical question: are we choosing what feels easy, or what truly matters? The answer can shape how we handle change, pressure and responsibility.

Takeda and Dr. Reddy's Labs will promote the Qdenga dengue vaccine in India. This pioneering vaccine is expected to launch in the first half of 2027. It will be available for paediatric and adult vaccination in the private market. The vaccine received approval from India's regulatory agency in July 2026. Pricing details for the Indian market have not yet been disclosed.