India's defence production has reached an all-time high of Rs 1,50,590 crore in 2024-25, a growth of 18% over the previous fiscal. Under PM Modi's leadership, this marks a 90% increase since 2019-20. Defence Minister Rajnath Singh commended the collective efforts of all stakeholders, including the private industry, in achieving this landmark.
The Indian markets are experiencing a decline due to global sentiment and US President Trump's tariff move. This has resulted in a drop in Sensex, Nifty, BSE Midcap, and Small Cap indices. The main reasons for the fall are pressure on pharma stocks, weak results from Accenture, and continued selling by FIIs. Investors are advised to take advantage of this dip to accumulate high.
Hyderabad was hit by heavy rains, causing difficulties for office-goers and disrupting daily life. The Cyberabad Police requested offices to allow employees to work from home. Roads were waterlogged, flights were diverted, and the city received record rainfall. The Chief Minister has asked officials to address the situation, and IndiGo has issued a travel advisory.
Durga Puja, a five-day festival celebrated in West Bengal, Bihar, Assam, Odisha, and Jharkhand, is in full swing with preparations for the grand arrival of goddess Durga. The festival brings joy and cheer to people with elaborate pandals, cultural events, and traditional rituals. This year, Durga Puja will begin on September 27 and go on till October 2.
Tata Power Renewable Energy, a subsidiary of Tata Power, has signed an MoU with Bank of Baroda to provide financing solutions for MSME and C&I customers opting for solar energy. The partnership offers collateral-free loans with a starting interest rate of 7.75%, flexible repayment tenure, and reduced margin requirements. Tata Power's renewable energy arm has a total capacity of 5.6 GW
The US DOJ is pursuing the revocation of Indian-origin man Gurdev Singh Sohal's citizenship due to immigration and identity fraud. Despite being ordered to leave in 1994, he obtained citizenship in 2005 using multiple identities. Fingerprint analysis exposed his deceit, resulting in a civil complaint. This case highlights the Trump administration's tough stance on immigration fraud.
5% drop
Nifty and Sensex saw a decrease, with pharmaceutical stocks taking the biggest hit. L&T stock price increased by 3% due to a deal with Hyderabad Metro Rail. Waaree Energies faced a 6% decline due to a US probe into their import practices. Nifty Pharma Index slipped by 2% after Trump's tariff announcement. Vodafone Idea's AGR dues verdict was postponed, resulting in a 5.5% decrease.
Tejashwi Yadav, leader of RJD, promises 'Mai Bahin Maan Yojana' to provide Rs 2,500 monthly aid to women in Bihar if his party wins the upcoming Assembly elections. This scheme is aimed at empowering mothers and sisters and is expected to bring about positive change in the state. Women are considered a key voter base for CM Nitish Kumar. RJD leader also said that Nitish Kumar may copy the scheme.
Curefoods India, a leading food services company, has raised Rs 160 crore in a pre-IPO placement from 3State Ventures, led by Flipkart co-founder Binny Bansal. The company operates a network of cloud kitchens, restaurants, kiosks, and central kitchens across India, with plans to expand internationally. The upcoming IPO will help fund expansion.
28-year-old billionaire and Scale AI co-founder, Alexandr Wang, urges teens to develop their AI skills using code generating tools. In a podcast, he discusses the growing importance of AI coding and its potential to transform the tech industry. Wang encourages teens to take advantage of the early AI age and "vibe code," as he believes AI will soon be able to code like humans.
The upcoming monetary policy meeting of the Reserve Bank of India is crucial due to external risks and domestic challenges. Nomura predicts a rate cut in October, but warns that tariffs may outweigh the benefits of GST cuts. A coordinated policy response is needed to revive growth, hindered by household stress and low private investment.
HAL, a top Indian aerospace company, has won a Rs 62,400 crore contract from the Ministry of Defence for 97 LCA Mk-1A aircraft. This is a significant win for 'Make In India' and the largest order for an Indian-made fighter jet. Nomura maintains a Buy rating on HAL, with a target of Rs. The delivery will start in FY28 and finish in 6 years.
Sameer Wankhede, former NCB Mumbai zone director, sues Red Chillies Entertainment and Netflix for their series "Ba***ds of Bollywood" for false and malicious content and disrespecting the national emblem. Anurag Kashyap's old interview resurfaces, hinting at Wankhede being used as a distraction from other issues. Delhi High Court dismissed the plaint.
Paras Defence and Space Technologies has secured a Rs 34 crore order from Elbit Security Systems to supply electro-optics product, adding to its growing order book. India's push for domestic defence production has contributed to the company's success. Paras Defence has also received orders from other major companies, leading to a 44% increase in stock value in the past 6 months.
The Nifty Pharma index dropped by 2% due to US President Trump's 100% tariff on branded and patented drugs. This caused worries about the revenue of Indian pharma companies that heavily depend on the US market. But experts predict a minimal long-term effect as the tariffs primarily affect branded drugs, while most Indian exports to the US are generics.
India's top solar module manufacturer, Waaree Energies, is under scrutiny for allegedly labeling Chinese-made solar cells as Indian to avoid tariffs. This has resulted in a sharp decline in their share price as the US Customs and Border Protection has launched a formal investigation.
TimeOut's final verdict for the coolest cities in 2025 has been announced, with Tokyo's Jimbocho topping the list as the world's coolest neighbourhood. From literature lovers to food enthusiasts, these offbeat cities offer something for everyone. The major criteria for selection included culture, creativity, community spirit, livability, food, nightlife, and "nowness".
NATO Chief Mark Rutte revealed that PM Modi discussed with Russian President Putin about the impact of Trump's tariffs on India and asked for an explanation on his strategy for Ukraine. He also claimed that Trump's tariffs are having a big impact on Russia. Earlier, Trump urged NATO countries to stop buying oil from Russia and impose tariffs on China.
PM Modi to launch Mukhyamantri Mahila Rojgar Yojana in Bihar, providing initial support of Rs 10,000 to 75 lakh women for business ideas. Previously launched by CM Nitish Kumar for women empowerment, the Rs 7,500-crore scheme aims at promoting self-employment and economic independence. Launch comes before Bihar Assembly Elections.
US Energy Secretary Chris Wright discussed the ongoing tensions between India and the US over Russian oil purchases and Pakistan's relationship with the US. He expressed interest in developing Pakistan's oil reserves and emphasized the need for ending the war in Ukraine and strengthening ties with India.
RailTel Corporation of India has been awarded a contract worth Rs 970.08 crore by the Bihar Education Project Council for setting up labs in government schools. This adds to their previous contracts worth Rs 6,597.56 crore from the same council. The company's order book has also seen a significant increase in September with 14 new deals.
Diljit Dosanjh's Netflix series, directed by Imtiaz Ali, has received double nominations for the 53rd International Emmy Awards. The film showcases the life of legendary Punjabi singer Amar Singh Chamkila. Parineeti Chopra and Imtiaz Ali have also shown their support and excitement. The list of nominees includes 62 entries from 16 categories and various countries.
Saatvik Green Energy's IPO listed at Rs 460 per share, 1% lower than the issue price of Rs 465. The GMP trend was slipping lower, indicating a lacklustre listing. However, the IPO garnered reasonable subscription of 6.93 times, with the retail category at 2.81 times and QIB portion at 11.41 times. The IPO, worth Rs 900 crore, had a combination of 'offer for sale' and fresh issuance
Pawan Kalyan's 'They Call Him OG' has a strong female-centric theme and has surpassed previous opening day records, including Rajinikanth's 'Coolie'. It has collected Rs 70 crore in Telugu alone and has become the highest-grossing film of 2025. The film has also attracted Gen Z viewers and has performed well in other regions with a high occupancy rate.
On Friday, the Indian Air Force will bid farewell to its iconic MiG-21 fighter aircraft, which played a crucial role in wars and conflicts. The pilots who flew these machines will say goodbye to a trusted companion that served for decades. The decommissioning marks the end of an era for the IAF.
Bill Gates praised IITians for strengthening Microsoft's engineering capabilities during an event in IIT Delhi last year, a video of which has been going viral amid Trump's $100k H-1B visa fee. Gates faced criticism for taking away local talent and bringing in people from another country, but now, over 25 years later, he considers it a "phenomenal thing".
GK Energy, a major EPC services provider, debuted on Dalal Street with a 12% premium on its issue price of Rs 153 per share. The IPO was highly subscribed at 89.62 times, raising Rs 464 crore. The company is India's biggest pure-play EPC provider for solar-powered agricultural water pump systems, following an asset-light approach and accounting for 8.5% of the market.
The RBI's MPC will meet from September 29 to October 1, 2025, with Governor Sanjay Malhotra announcing the committee's decision on the repo rate and other key measures. The announcement will be livestreamed on the RBI's social media platforms. Financial Express will also be covering the meeting closely.
Indian equity indices open lower due to US President Trump's announcement of new tariffs, with NSE Nifty 50 and BSE Sensex opening at 24,847 and 80,986, respectively. Bank Nifty opens at 54,84,6 and small/midcap stocks also decline, with Nifty Midcap falling 87 points. Trump's decision to increase tariffs on branded drugs could have a sentimental impact.
Tata Motors' share price is in the spotlight as its UK subsidiary, Jaguar Land Rover, works to recover from a cyberattack by "Scattered Lapsus$ Hunters". The attack caused production halts, sales disruptions, and delayed payments, resulting in estimated losses of $2.4 billion.
Russian Deputy Prime Minister Dmitry Patrushev visited India to discuss cooperation in agriculture, fertilizers, and food processing with Prime Minister Narendra Modi. This visit is in preparation for the upcoming visit of Russian President Vladimir Putin in December. PM Modi expressed his excitement for the India-Russia Annual Summit and conveyed his warm greetings to President Putin.
The Jaro Institute IPO, which opened on September 23 and closed on September 25, is expected to be finalised today, September 26. The listing is scheduled for September 30, with a price band of Rs 846 to Rs 890 per share. You can check your IPO allotment status online via BSE, NSE, or the registrar's website.
Climate activist Sonam Wangchuk's NGO had its FCRA license cancelled, which he called a "witch hunt" after violent protests in Ladakh. Wangchuk, who has been advocating for statehood, ended his hunger strike after violence broke out. The MHA accused his NGO of FCRA violations, including receiving foreign funds when it did not had a license.
US officials accuse China and India of funding Russia's war in Ukraine through oil purchases, but US Treasury Secretary believes India will decrease its purchases. Trump administration supports this, saying India can buy oil from other countries. India's commerce minister hints at shift away from Russian oil to other suppliers like Iran and Venezuela.
The Ministry of Corporate Affairs reported a 37.2% rise in new company registrations in August 2025, indicating a robust economic rebound. The business services sector led in registrations, with a significant increase in active companies. Maharashtra, Uttar Pradesh, and Delhi were the top states for new LLP registrations.
Grain-based ethanol makers are calling for a halt in new investments until a clear roadmap for ethanol blending is established. With 250 out of 400 manufacturers currently using rice and maize, they fear overcapacity if new facilities are approved without a plan for higher blending. These units are also requesting an increase in procurement prices to offset rising feedstock costs.
India's logistics costs, estimated at 7.97% of the economic output by DPIIT, are lower than advanced economies like US, Japan, Korea, and Europe. The first official estimate based on a study involving data collection and interviews puts to rest confusion and shows a gradual decrease in the last five years, thanks to initiatives like PM GatiShakti National Master Plan.
Trump meets with Pakistan's PM and Army Chief at the White House, praising them as "great leaders". The meeting takes place on the sidelines of the UNGA. Trump's attitude towards Pakistan has shifted, possibly due to their nomination of him for the Nobel Peace Prize.
U.S. Defense Secretary Pete Hegseth has summoned senior military officers to a meeting in Virginia, causing uncertainty among attendees due to the last-minute notice. The purpose of the meeting is unclear, but it is rare to have so many senior officials in one location. Hegseth has been reshaping the department, firing top generals and admirals as he implements Trump's national security agenda.
President Trump rejects calls for West Bank annexation, supports two-state solution and urges end to Israeli settlements. In talks with Middle Eastern leaders, he aims to negotiate peace deal. International aid efforts underway for Gaza, ravaged by Israel conflict.
Former FBI Director James Comey has been charged with making false statements and obstructing an investigation, a dramatic escalation in President Trump's retaliation against his political enemies. If convicted, Comey could face up to five years in prison. This is the first time the administration has secured an indictment against one of Trump's rivals.
The Anand Rathi Share IPO received a high subscription of 21.83 times and the allotment of shares will be announced on September 26. The listing is scheduled for September 30, with a bidding price of Rs 393-Rs 414 per equity share. Investors can check their allotment status online through BSE, NSE, or the company's website.
Seshaasai Technologies' IPO received an overwhelming investor response, with a subscription of 69.64 times. The allotment of shares will be announced on September 26, and the listing is scheduled for September 30. The bidding price for the IPO was set at Rs 402-Rs 423 per equity share. Investors can check their allotment status online.
The DoT is planning to enforce stricter regulations for spectrum sharing in the satcom market to prevent interference. TRAI suggests assigning spectrum through administrative allocation with a 4% annual levy. As technology and scale increase, industry players believe satcom service prices will decrease. Rules must also be designed for future scenarios as there are currently no incumbent operators.
Firoz Cyrus Mistry and Santosh Balachandran Nayar have joined the board of Afcons Infrastructure, indicating next-gen family involvement in the company. Firoz is a non-executive director while Nayar is an independent director. They bring diverse experiences and international exposure to the board, along with seasoned professional expertise.
Skoda's iconic car, Octavia, is returning to India with the launch of the Octavia RS to commemorate the brand's 130 years globally and 25 years in India. The limited edition car will be imported and pre-bookings begin on October 6. Skoda aims to establish the RS branding in India and may introduce more RS versions of other models.
The Centre has released the draft CAFE-III regulations, offering relief for small petrol cars, incentives for clean alternative technologies, and flexibility through fleet pooling. The norms allow petrol vehicles under certain specifications to deduct CO2 emissions from declared levels, and introduce a super-credit system for green vehicles.
Lenovo is prioritizing India's enterprise market, citing high demand for hardware infrastructure across sectors. The company aims to sustain its manufacturing base through local consumption rather than exports. They are seizing opportunities in hybrid cloud and sovereign AI, and have partnered with Nutanix to offer software solutions on their hardware.
Amit Shah urges Indian banks to prioritize growth and global competitiveness, while also emphasizing lending to MSMEs. He assures that coalition government will not hinder progress. Modi government's policies and inclusive approach have gained global recognition for India's growth. Make in India 2.0 to focus on emerging sectors and high-tech manufacturing.
Maruti Suzuki India has seen a surge in retail sales, with over 75,000 units sold since the start of Navratra and the rollout of GST 2.0. The company is receiving 80,000 inquiries and 18,000 bookings per day, with small cars leading the momentum. The strong sales performance is also attributed to price cuts under the GST 2.0 regime. Maruti Suzuki aims to become a Rs 8,000 crore company in 5-
Kinetic Green Energy has introduced the E-Luna Prime, an electric two-wheeler for entry-level commuters. The company aims to target both urban and rural markets, personal use, small businesses, delivery, and e-commerce with this new vehicle. They also have plans for global expansion and aspire to become a $1 billion company in 5-6 years.