The Indian Army has released a Request for Information (RFI) for 400 High Mobility Reconnaissance Vehicles (HMRVs) with at least 50% indigenous content. This presents a potential opportunity for BEML to increase its order book, contracts, and technology upgrades. The contract will follow a two-bid system, and vendors must also commit to long-term support and training.
Icra downgrades domestic air passenger growth forecast for FY26 to 4-6% due to slow growth and factors like cross-border tensions and travel reluctance. International air traffic growth for Indian carriers also revised to 13-15%. Aviation sector to suffer net losses of Rs 9,500-10,500 crore in FY26 due to low passenger growth and supply chain issues. 133 aircraft currently grounded.
Tata Capital, part of the Tata Group, has filed a red herring prospectus with Sebi and the bourses for its mega IPO. The IPO will include a fresh issue of 210 million shares and an offer for sale of 265.8 million shares. It is expected to open on October 6 and could raise up to Rs 17,500 crore, making it the largest IPO.
India strongly denounced Pakistan's PM Shehbaz Sharif's false victory claims and nomination of Trump for the Nobel Peace Prize at the UN General Assembly. First Secretary Patel Gehlot reminded of Pakistan's history of sheltering terrorists and sponsoring terror outfits. She urged Pakistan to hand over wanted terrorists to India, stating that their lies and theatrics cannot conceal the truth.
U.S. lawmakers are questioning major companies like Amazon and Apple about their use of H-1B visas for foreign workers while cutting jobs for Americans. The Trump administration is proposing a $100,000 fee and new selection process for these visas, which are dominated by India. Senators are also requesting details on the number and wages of H-1B workers and if they have displaced American workers.
Democratic lawmakers are demanding the release of the Epstein Files, which disclose connections between Jeffrey Epstein and public figures like Elon Musk and Bill Gates. The documents also mention meetings with Steve Bannon and Peter Thiel, and a possible trip to Epstein's island for Musk. Prince Andrew, Bill Clinton, and Larry Summers are named as passengers on Epstein's private jet.
Intel India is advocating for policy intervention to address the digital divide in education. They propose GST relief on computers for educational use and are partnering with edtech companies to provide AI-enabled learning tools. The company's focus on local AI processing for privacy and scalability is driving the adoption of AI PCs in India.
India's top solar panel producer, Waaree Energies, is being investigated in the US for violating anti-dumping laws by falsely labeling solar cells from China and Southeast Asian countries as made in India. The company claims to follow all local laws, but its stocks dropped by 7%. Despite the probe, Waaree is determined to grow its US manufacturing presence.
Tata AIG General Insurance has suspended cashless claim settlements at Max Healthcare hospitals due to a disagreement over tariffs. This could impact patient safety and quality of care, as other insurers have also followed suit. Max Healthcare has set up a desk for reimbursements, but there are no ongoing discussions with Tata AIG.
NCCF aims to increase its turnover by 45% to Rs 12,000 crore in FY26 through robust procurement of agri-commodities under the PSS. The cooperative has already seen significant growth in procurement and plans to expand operations further. It has also launched its own brand and is in talks to open more outlets in major cities.
Escape the city and explore the hidden gems of New York state on a road trip in a Land Rover Defender 130. The Finger Lakes region boasts serene lakes, vineyards, and historic towns, perfect for a weekend getaway. Don't miss the stunning gorges and waterfalls in Ithaca and the local food and wine on the Cayuga Lake Wine Trail.
U.S. trade negotiators are urging India to decrease its Russian oil imports as part of a trade deal. Despite progress, the U.S. is worried about India's market access, trade deficit, and oil purchases. President Trump has used tariffs to push his agenda, but has not targeted China for their Russian oil purchases. India has defended its imports, claiming they are necessary.
The U.S. Transportation Department has implemented stricter rules for non-citizens obtaining commercial driver licenses after a fatal crash and audit. California must pause issuing licenses to non-citizens and undergo federal immigration checks or risk losing federal highway funds. The audit found problems with non-citizens receiving licenses and a lack of English proficiency among truck drivers.
President Donald Trump plans to impose a 100% tariff on pharmaceuticals imported into the U.S., unless firms build a manufacturing presence in the country. The European Union and Japan are exempt from this tariff due to previously negotiated trade deals. However, Britain, which has a pending trade deal with the U.S., is not exempt.
Pakistan's PM praises Trump for promoting peace in South Asia and credits him for facilitating a ceasefire between India and Pakistan. Sharif also supports Trump's nomination for Nobel Peace Prize. However, Indian leaders deny any third-party involvement in the ceasefire, stating it was the result of direct talks between the two countries.
President Trump has presented a 21-point peace plan to Muslim-majority leaders in hopes of resolving the conflict in Gaza, but a resolution remains elusive. Despite productive negotiations, Israel faces global criticism for its actions in Gaza, which have been labeled as genocide. Both Hamas and Israel are aware of the talks, but a quick end to the war is not guaranteed.
Mercedes-Benz India's MD & CEO, Santosh Iyer, showcases the G-Class SUV's impressive capabilities of navigating challenging terrain with ease. He also discusses the positive impact of GST 2.0 on luxury car prices and the growing number of millionaires in India. Despite challenges, Mercedes-Benz remains focused on value over volume and is expanding its reach.
In 2024, Sensex reaches an all-time high of 85,836 points but experiences a sharp decline due to US tariffs, foreign selling, and low corporate earnings. Nifty and Sensex both fall 6%, with other indices performing even worse. Experts suggest being cautious in return expectations, but remain optimistic about growth potential with GST 2.0 and RBI rate cut.
On Saturday, Prime Minister Narendra Modi will inaugurate over 97,500 mobile 4G towers worth ₹37,000 crore, marking the commercial launch of BSNL's Swadeshi 4G network and the 4G Saturation Project. This initiative positions India as the fifth country in the world to design and manufacture its own telecom equipment, showcasing India's self-reliance.
The government is expediting the creation of 11 industrial smart cities, with construction starting on eight by November 30 and 11 by December 31. Contracts for four more cities will be awarded soon. These cities are projected to bring in investments of Rs 1.5 lakh crore and generate 10 lakh direct and 30 lakh indirect jobs.
XLRI Delhi-NCR's PGDM-IEV programme is revolutionizing the Indian business education landscape by focusing on fostering a mindset of innovation and entrepreneurship. With a unique ecosystem of mentorship and resources, students are immersed in practical learning and have achieved national recognition for their ventures.
Hindustan Unilever (HUL) faces short-term sales impact in Q2FY26 due to GST 2.0 reforms, expects recovery to start in November. New GST rates have dual impact on FMCG companies, with kiranas struggling to pass on price benefits while modern trade transitions smoothly. Most FMCG companies anticipate new inventory with revised prices to hit stores.
PFRDA proposes new investment options for pension funds including gold and silver ETFs, venture capital funds, and private credit. This will increase portfolio flexibility and potentially boost returns. NPS currently allows investment in equities, government securities, and alternative investment funds. The regulator also suggests reducing compulsory annuitisation and allowing early exit.
Benchmark indices, Sensex and Nifty, extended their losing streak for the sixth consecutive session as the Sensex dropped 733.22 points and Nifty declined 236.15 points. Pharma and IT stocks were the major contributors to the decline, driven by trade tensions and worries over visa fees and growth prospects.
India's GDP growth in the first quarter of FY26 was largely driven by domestic demand, which is expected to continue in the next half year. The government's focus on domestic consumption and GST reform aims to boost growth and protect against external risks. While the external sector remains strong, uncertainties and risks remain.
The festive season in India sees a spike in shopping, fueled by attractive offers from e-commerce platforms. While these purchases are a crucial part of celebrations, they can strain budgets if not planned wisely. This is where zero-cost EMI comes into play, allowing consumers to make big-ticket purchases without disrupting their monthly cash flow.
Pension fund regulator proposes to reduce mandatory annuitisation level to 20% from 40%, giving subscribers more flexibility to utilize their retirement savings. However, the additional 20% withdrawn as lump sum will be taxed at marginal rate. Early exit option after 15 years also proposed. This makes NPS more attractive, especially for younger participants.
Under the Income Tax Act, F&O transactions are considered non-speculative business transactions and can be offset against long-term capital gains. HRA exemption only applies to rent paid for the employee's own residence, not for dependent parents. As an Indian resident, global income is subject to taxation, including capital gains from foreign shares. Unlisted shares are also subject to LTCG tax.
Gold prices are on the rise ahead of the festive and wedding season, putting pressure on the rupee. The rupee has hit record lows against the dollar. Gold imports have also increased, reaching a nine-month high, and are expected to continue due to the upcoming celebrations. Investors are turning to gold as a hedge against inflation and currency depreciation.
Delhi HC allows Priya Kapur to submit list of assets in sealed cover in legal battle with Karisma Kapoor's children over Sunjay Kapur's estate. Court orders parties to not disclose any information to the press. Kapur's request for NDA denied, settles for sealed cover submissions. Heirs have unquestionable right to know details of estate. Assets to be shared with Sunjay's mother and children.
The Centre has lowered its market borrowing target to Rs 6.77 lakh crore for the second half of the fiscal year, with a reduced share of long-tenure bonds. The fiscal deficit target of 4.4% of GDP will be met through market borrowings, small savings, and external debt. The government is exploring alternative borrowing tools due to reduced demand for ultra-long bonds.
The Supreme Court has reversed its previous ruling and approved JSW Steel's resolution plan for Bhushan Power and Steel. The decision upholds the creditors' judgment and condemns efforts by former owners to delay proceedings. This landmark ruling brings clarity and establishes that companies cannot be punished for making a profit from insolvency acquisitions.
Durga Puja, is set to begin on September 27th and continue till October 2nd. The festival is celebrated across the country with grand pandals depicting the defeat of the demon king Mahishasura by Goddess Durga. In Mumbai, the Bengali community is gearing up for the festivities with top pandals like Bengal Club, Balkanji Bari, MBCA Durga Puja, North Sarvajanik Durgotsav, etc
Indian seafood exporters are struggling with major losses due to increased tariffs in the US, leading them to explore new markets like the EU, Egypt, and other regions. The EU has approved more fishery units for export, bringing some relief. Despite this, India's exports to the US are expected to drop by 15-18%.
Elon Musk sarcastically mocks former FBI Director James Comey's recent indictment on two offences related to his congressional testimony. Musk's post references Comey's controversial Instagram post and warns of consequences with the acronym 'FAFO,' which stands for "F*** Around and Find Out."
Indian pharma stocks dropped by 7% following Trump's announcement of a 100% tariff on branded and patented drug imports without US manufacturing facilities. Experts believe that India's generic medicine exports to the US will not be heavily affected, but concerns remain over potential tariffs on generics and their impact on smaller companies. The Nifty Pharma index also fell by 2.14%.
India and the US are in talks for a trade deal, but the recent visit of an Indian delegation to the US did not yield any major progress. Both sides are determined to reach an agreement soon, which will involve removing additional tariffs on Indian oil and lowering reciprocal tariffs.
The final voter roll for the 2025 Bihar Assembly Election will be released on September 30, with an expected 7.3 crore voters, a decrease of 0.5 crore. The draft had 7.24 crore voters, but the final list may have 14 lakh new names, including 10 lakh first-time voters. The SIR exercise faced opposition for deleting 65 lakh names, with the Supreme Court currently involved.
Curefoods, a multi-brand cloud kitchen operator, received Rs 160 crore from 3State Ventures in a pre-IPO placement. The funds will be used for expansion, debt repayment, subsidiary investments, and working capital. Despite significant revenue growth, the company has incurred losses in the past two years. The IPO, approved by the board and shareholders, will support future expansion plans.
Vedantu, an edtech platform, has received $11 million in funding from existing investors, led by ABC World Asia, Accel India, and Omidyar. This is the company's first significant funding since 2021 when it became a unicorn. The funding will be used for category expansion, investments in AI and adaptive learning, and to achieve profitability by 2027 and potentially go public.
Accenture's strong revenue and new bookings, along with record generative AI deals, surpassed Wall Street's expectations and highlighted India's IT services industry. Despite a slight decline in annual growth due to US Federal Government business, demand for IT services remains steady.
Delhi, the Millionaire Capital of India, has a significant number of millionaires and billionaires, including tech giants and automakers like Shiv Nadar, Sunil Mittal, and Vikram Lal. These individuals have amassed a combined wealth of over Rs 10 lakh crore, making them the epitome of financial success. Other notable names on the list contribute to Delhi's status as a hub of wealth and prosperity.
Tanishq, the jewellery division of Titan Company, has opened its first-ever Rivaah wedding lounge in Delhi, strategically targeting India's lucrative wedding segment. The 10,200 sqft store offers personalised services, curated collections, and a multi-level immersive space showcasing jewellery traditions from across the country.
On September 26, 2025, the Pakistan Stock Exchange (PSX) reached new all-time highs, breaking past the 161,000 mark with the KSE-100 index climbing 1.65%. This surge was attributed to US President Donald Trump's meeting with Pakistan's Prime Minister Shehbaz Sharif and Army Chief Field Marshal Asim Munir.
Salman Khan's Bigg Boss 19 is facing legal trouble for using two Bollywood songs without proper credit. PPL India has demanded Rs 2 crore in damages and a cease-and-desist from using the songs without authorisation. The notice names the production house's directors and highlights the issue of unauthorised use of copyrighted material.
Oil India Ltd is venturing into renewable energy by exploring geothermal projects in eight depleted oil wells. They have completed initial studies and are now working on Detailed Feasibility Reports. The government has released a new policy on geothermal energy and is partnering with foreign companies for technology transfer.
After six decades of service, the Indian Air Force has officially retired the MiG-21, the Soviet-era fighter jet that earned both fame and infamy as India’s “flying coffin.” Immortalized in Rang De Basanti—where its crashes became a pivotal plot point sparking a generation’s activism—the aircraft leaves behind a controversial yet undeniable legacy.
India's diamond industry is struggling due to the 50% reciprocal tariff imposed by US President Donald Trump. If fully passed on, the tariff could lead to a 17-20% decline in exports to the US and exacerbate demand sluggishness. Companies are diversifying into alternative markets like the Middle East and Europe or shifting to manufacturing lab-grown diamonds.
EPack Prefab Technologies Ltd's IPO received 3.07 times subscription on the last day of bidding, with bids for 5,42,98,933 shares against 1,76,70,103 shares on offer. The company raised Rs 151.2 crore from anchor investors and is concluding its IPO today. The company plans to use the proceeds for setting up a new manufacturing facility, expanding existing facilities, and paying off debt.
CDIL Semiconductors and Kaynes Technology are in talks with the Odisha government to establish electronics and semiconductor ventures. The state has a "top-up" policy to provide additional benefits on top of the incentives offered by the central government. Odisha has allocated land and invested in a Centre of Excellence for R&D to attract companies with long-term competitiveness.
A man shares his friend's experience of being advised by a US visa officer to explore India before applying for a visa to the United States. The officer suggested that once he travels across his country, he will be granted a visa.