The banking system has a surplus of Rs 3 lakh crore due to RBI's liquidity injection and government's spending. This is expected to further increase with phased spending of Rs 2.69 lakh crore and a buyback of government securities worth Rs 25,000 crore. Daily variable rate repo auctions may be discontinued as liquidity is ample. The outcome of the Monetary Policy Committee is awaited.
India and the US are making progress in talks for a Bilateral Trade Agreement, with both sides satisfied so far. However, key sticking points like India's oil purchases from Russia and the opening up of the farm and dairy sector are causing delays. The deal is crucial for India's exports to the US, which could be slashed by 43% and impact the economy and overall growth.
Urban Company Ltd, an app-based beauty and home services platform, received a 9 times subscription for its Rs 1,900-crore IPO on the second day of bidding. The quota for non-institutional investors garnered 18.22 times subscription, while the category for Retail Individual Investors got subscribed 17.68 times. The company plans to use funds for technology development, lease payments
TERI has created three nano-fertilizer methods that can decrease chemical fertilizer usage by half and boost crop quality and farmers' profits. Miscommunication and the belief that nano-fertilizers are a complete replacement for traditional ones have hindered widespread use. Nonetheless, the government is advocating for their use to decrease reliance on imported fertilizers and decrease subsidies.
Delhi HC grants interim protection to Aishwarya Rai Bachchan against unauthorized use of her identity, citing financial loss and violation of privacy and dignity. Court restrains entities from using her name, image, and likeness through AI, deepfakes, and machine learning.
ICRA predicts a 3% decline in residential real estate sales in India's top seven cities in FY26 due to affordability concerns. The average selling price has risen by 10%, hindering home buyers. New project launches are expected to rise by 4-7% in FY26. The luxury segment has grown by 6%, while the mid-price segment faces challenges. Industry consolidation is also a factor to consider.
Hero MotoCorp has decreased prices of scooters and motorcycles in India after the government's GST reform. CEO Vikram Kasbekar is pleased with the decision, stating it will increase consumption and aid India's goal of becoming a $5 trillion economy. Customers can now save up to Rs 15,743 on certain models, with the Karizma XMR 210 and Xpulse 210 receiving the largest cut.
Private jets are the epitome of luxury, but not accessible to most Indians. They offer personalized services and exclusivity, favored by billionaires and Gen Z for their efficiency. Despite environmental concerns, the demand for private jets is rising, leading to investments in sustainable fuels and electrification by industry giants.
Nithin Kamath, co-founder of Zerodha, made headlines for his remarkable resilience after suffering a brain stroke in 2024. Despite the setback, he finished third in the intense Hyrox race in Mumbai, impressing many including entrepreneur Prashant Desai. Desai highlighted Kamath's dedication to fitness and urged others to follow suit, emphasizing the importance of exercise, sleep, and nutrition.
Kotak Mutual Funds' report suggests a "Neutral to Equity" market outlook, with potential for investment during corrections. Despite a strong Indian economy, the current market valuation is higher than historical averages. The GST rate cut and high GDP and Services PMI indicate a positive trend, but the market remains quiet in September. Domestic Institutional Investors remain confident.
A survey by PRCAI and Astrum Advisory shows that 84% of CEOs have a positive outlook on India's future and 89% are confident in its growth potential. Key factors for global leadership include climate readiness, digital innovation, and human capital. However, policy unpredictability and perception gaps could hinder progress.
H&M expands beyond fashion and home with the launch of its beauty segment in India, offering over 200 products at accessible price points. The locally produced collection includes vegan and cruelty-free makeup and fragrances, with a focus on Indian craftsmanship and global innovation. This milestone in H&M's journey reflects a commitment to inclusivity, creating a destination for fashion & beauty.
The TVS Apache RTR 200 4V, a popular urban commuter bike in India, has been around for almost a decade. The latest update in June includes new body graphics and a red front alloy wheel. It offers a range of choices based on performance and budget, with top-notch features like multiple ride modes, dual-channel ABS, and adjustable levers.
A restaurant owner has made serious allegations against Swiggy, claiming that the platform takes a 30% commission on every order and forces restaurants to fund the discounts displayed on the app. The owner shared screenshots of his earnings, revealing that Swiggy charges for discounts and ads, leaving restaurants with minimal profits.
Conservative activist and Trump ally Charlie Kirk was fatally shot at Utah Valley University, prompting an FBI manhunt. While a suspect has not been officially named, a viral video showing a man celebrating Kirk's death has sparked speculation of an organized attack.
Oracle co-founder Larry Ellison, known for his lavish lifestyle and long list of wives, has surpassed Elon Musk as the world's richest man with a net worth of $393bn. His current wife, Jolin Zhu, a 33-year-old Chinese native, comes from a wealthy background and holds a bachelor's degree in International Studies. Ellison's tumultuous love life includes five marriages.
India's top businessman Gautami Adani is facing a setback as negotiations to resolve alleged bribery and fraud charges against him in the US have stalled. The Trump administration's refusal to drop the charges due to the India-US trade impasse has added to Adani's troubles. He is also facing a civil lawsuit from the US SEC and cannot travel to the US
David Ellison, son of Oracle co-founder Larry Ellison, is a billionaire producer and CEO of Skydance Media. He recently acquired Paramount Global in a $4.75 billion deal and has a net worth of $17 billion. He has produced hit Hollywood films and TV series, and also has investments in fashion, tech, and real estate. Despite criticism, he has support from big names in the industry.
Mexico announced plans to raise tariffs on automobiles from China and other Asian countries to 50% in an effort to protect jobs and appease the United States. The move will impact $52 billion of imports and includes tariffs on textiles, steel, and automotive products. The country hopes to protect its economy and industrial policy, while also responding to pressure from the US.
The SSB has apprehended 60 individuals, mostly Nepalese, who are believed to have fled from prison during the recent turmoil in Nepal. With 50 battalions deployed and increased surveillance, the border force is working closely with Nepal to allow legitimate citizens with proper identification to cross. Sadly, three prisoners lost their lives in the jailbreaks.
PM Modi and Mauritian PM Ramgoolam discussed boosting trade using local currencies, emphasizing the strong cultural ties between India and Mauritius. India also promised to enhance maritime security in the Indian Ocean, while PM Modi praised the Chagos Islands agreement as a significant win for Mauritius.
Tata Capital, the financial arm of Tata Sons, is preparing for its highly anticipated IPO in October. The company has received a deadline extension from the RBI and is expected to raise $2 billion, making it one of India's largest IPOs. However, due to a sharp correction in its unlisted shares, analysts predict the IPO may be priced closer to the Rights issue, resulting in further correction.
Sunit Mittal's family office has ended talks with Haier Appliances India due to a disagreement on valuation. Haier Group wants a $2 billion valuation for a 49% stake, but has received a bid of only $600 million. If private talks fail, Haier India may consider a public listing. Despite growth in revenue and profitability, Haier Appliances India still faces challenges.
The Indian government has expressed concern over Indian nationals being recruited in the Russian army. They have warned citizens about the dangers and are in touch with affected families. Out of 127 Indians, 98 have been released and 12 are missing. The government is urging Russian authorities to ensure their safety and facilitate their return to India.
The H-1B visa program has sparked controversy in 2025 as Americans accuse Indian workers of taking their jobs, while Indian-Americans are frustrated with the behavior of their fellow countrymen in the US. The debate has escalated on social media, with calls for visa restrictions and defense of Indian immigrants. Immigration and cultural integration continue to be divisive issues.
Conservative activist Charlie Kirk's death at an event in Utah sparked a moment of silence on the House floor, but quickly turned into a shouting match between Republicans and Democrats. The chaos erupted when Rep Lauren Boebert called for a prayer for Kirk, with Democrats citing the Colorado school shooting and Republicans blaming the Democrats for the disruption.
Tamil Nadu's PMK party is in turmoil as founder S Ramadoss removes his son, Dr Anbumani Ramadoss, from the party. The rift between the two leaders has been widening since last year, with accusations of disregarding advice and obstructing party growth. The feud has led to clashes over appointments and a split in the party, causing a decline in organizational strength.
A man took to LinkedIn to share his “unfortunate experience” with his former employer, alleging “toxic work culture” and “unethical practices”. The company, in turn, has threatened him with legal action if he doesn’t delete the post within 24 hours. The man has turned to Reddit for help, and users have suggested seeking legal assistance.
Amul clarifies that there will be no change in packaged milk prices from September 22 due to the zero percent GST already in place. However, UHT milk prices will be reduced as the GST rate on it has been cut from 5 per cent to nil. This is part of the "Next-Gen GST Reform" announced by Finance Minister Nirmala Sitharaman to benefit households, farmers, businesses, and the healthcare sector.
Nuvama Institutional Equities rates Berger Paints as the top choice in the paint industry with a 'Buy' rating and a target price of Rs 670, predicting a 26.4% increase. The firm sees the hype around new competitors diminishing and expects the company's finances to stabilize. Berger Paints is expanding in urban areas and investing in high-value products, a strategy supported by Nuvama.
Oracle co-founder Larry Ellison has become the richest person in the world, dethroning Tesla CEO Elon Musk. With a net worth of $393 billion, Ellison's lavish lifestyle includes owning a $600 million island, luxury cars like McLaren and Ferrari, a $200 million superyacht, a private jet collection worth $100 million, and has a $110 million estate in Woodside and 98% of the Hawaiian Island Lana'i.
Charlie Kirk, a Trump supporter, was shot during a speech in Utah. Trump and his wife Melania, offered their condolences, blaming the Left for the tragedy. The shooter remains at large, and the FBI had identified a suspect. Kirk's wife, Erika Frantzve, is a successful real estate agent, podcast host, and former beauty pageant winner. This incident was condemned by leaders globally.
Indian IT firms reduce reliance on H-1B visas as global IT consulting firms also decrease filings. TCS stands out with 46% decrease in visas, but still remains second largest sponsor. US tech giants continue to be top sponsors. Immigration policies, protectionism, and geopolitics challenge Indian IT firms.
HMSI will pass on full GST rate reduction benefits to customers, leading to savings of up to Rs 18,800 on models up to 350 cc. This move is expected to boost personal mobility and economic growth. HMSI is also considering the impact of the new 40% GST slab on premium motorcycles and will reach out to customers to inform them of the benefits of the rate revision.
Motilal Oswal recommends "Buy" on UltraTech Cement, Coal India, and Cummins India due to their strong fundamentals, market positioning, and growth potential. These stocks have a potential upside of up to 21%. UltraTech Cement is on track to achieve its 200mtpa domestic grey cement capacity target. Coal India is expected to benefit from higher e-auction volumes and a healthy long-term demand.
India makes a statement at the Asia Cup 2025 with a dominant win over UAE, sending a clear warning to arch-rivals Pakistan. Suryakumar Yadav expresses excitement for the upcoming match, while the BCCI proceeds with the game despite controversy surrounding the Pahalgam terror attack.
The UK Ambassador to the US, Peter Mandelson, has been connected to convicted sex offender Jeffrey Epstein through a "birthday book" compiled by Epstein's ex-girlfriend in 2003. Mandelson has been accused of assisting Epstein during his legal troubles. His political career and friendship with Epstein have been called into question.
The ISRL has chosen Hyderabad as the host city for round 2, showcasing the state's love for motorsports and government's investment in sports infrastructure. The collaboration between the league and state government was evident, with the Sports Minister praising ISRL for promoting international-standard motorsports. The league's goal is to inspire youth and provide opportunities for growth.
IBM India, led by Sandip Patel, prioritizes hybrid cloud, AI, and quantum computing. They focus on responsible, scalable, and sustainable enterprise solutions through deep R&D, software labs, and tier-2 city hubs. The company invests in India's growth through technology, digitization, and local companies' global ambitions.
The IAA Mobility Show in Munich unveiled the Hyundai Concept Three, a futuristic electric vehicle (EV) that gives a glimpse of the upcoming Ioniq 3. It boasts a sleek design with sustainable materials and a flat floor, all built with Hyundai's "Art of Steel" language. While technical details are still unknown, it is expected to have an impressive range.
Air India flight AI2380 from Delhi to Singapore on September 10 was delayed due to a cabin cooling issue, but passengers were regularly updated and provided with assistance by ground staff. The flight departed at 05:36 hrs IST after a change of aircraft. In response to protests in Nepal, Air India operated special flights to assist stranded passengers.
NASA has banned Chinese citizens with US visas from participating in its programs due to security concerns. This comes as the US and China compete in the space race to send humans back to the Moon. The decision also reflects growing tensions between the two countries, with the Trump administration imposing tariffs and limiting scientific cooperation.
DFS to hold 'Manthan' with PSBs on Sept 12-13 to discuss interest rate cuts, credit growth, and consolidation. Meeting chaired by DFS secretary M Nagaraju will focus on transforming PSBs into stronger institutions, exploring synergies, and increasing productivity. India aims for $30 trillion economy by 2047, with bank credit to reach 130% of GDP.
A student shot two peers at Evergreen High School in Colorado before shooting himself and later dying. Police responded swiftly and no shots were fired by law enforcement. The injured students were taken to the hospital and one is in stable condition. Parents and students rushed to the school to ensure safety and some students sought shelter at a nearby home.
Suzuki has discontinued the Katana in India after just three years. The bike offered retro styling, modern features, and a 999cc four-cylinder engine. However, it failed to garner sales and was often sold at discounted prices. The only remaining four-cylinder option from Suzuki is the Hayabusa, while the CB1000 Hornet is the only competitor.
The Urban Company IPO has been in the news for its high grey market premium and strong investor demand. The share price has increased from Rs 10 to Rs 39 in a week, showing a growing investor interest. The IPO was fully subscribed within 2 hours of opening, with retail investors leading the way. The company aims to raise Rs 1,900 crore at a price band of Rs 98- per share.
Car manufacturers have decided to split the compensation cess cost with dealers following the GST 2.0 update. M&M, Volvo Cars, and Tata Motors have pledged support. The government has also reduced GST on small cars from 28% to 18%, but dealers are worried about high-cess cars with no resolution from the government.
Delhi Police's Special Cell foiled a major terror plot by busting an IS-inspired module in coordinated raids. Nearly a dozen suspects were detained, with five formally arrested. The group had links with Pakistan and was using encrypted apps to communicate. They were planning to carry out bomb attacks and were also involved in online radicalization and spreading extremist propaganda.
Right-wing activist Charlie Kirk was fatally shot at Utah Valley University while addressing a gathering, sparking conspiracy theories and heated reactions on social media. MAGA supporter Laura Loomer condemned TMZ for allegedly cheering Kirk's death during a livestream. TMZ apologized for the insensitive laughter heard in the background, clarifying that it was not related to Kirk's death.
By 2035, AI and digital twin technologies will revolutionize the aerospace industry, according to a TCS survey of 320 executives. Real-time decision-making and agentic AI will drive change, while human expertise will remain crucial. Digital twins and robotics will play a key role, with the MRO segment also transitioning to AI.
Apple's latest iPhone lineup emphasizes battery power and device size, with the introduction of the ultra-thin iPhone Air and updates to the Pro and basic models. The iPhone 17 Air boasts a slim profile and improved battery performance, while the Pro models offer durability and advanced cameras.