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.
Tata Consumer Products to invest Rs 2,000 crore in food processing sector over 5 years, subject to evaluation and approvals. CEO announced reduced MRP on smaller packs and a shift in economy at World Food India event. CARE Ratings reaffirms A1+ rating for commercial papers and short-term loans.
Netflix's new film, Inspector Zende, stars Manoj Bajpayee and Jim Sarbh as they portray the story of Mumbai policeman Madhukar Zende. The movie showcases Zende's impressive police work, including his capture of notorious serial killer Charles Sobhraj twice. Zende's legacy is honored through a cameo appearance, showcasing his role in taking down key figures in Mumbai's underworld.
The Lancet study predicts a 75% increase in global cancer deaths by 2050, particularly in low and middle-income countries. India has seen a rise while China has experienced a decline. The rise is due to an aging population, not deadlier cancer. Over 40% of deaths are linked to modifiable risk factors, emphasizing the need for awareness and action.
Motilal Oswal, a top brokerage firm, suggests four 'Buy' calls with a potential upside of 28%. Top picks include Hindustan Aeronautics and Grasim Industries. Microfinance sector investments in CreditAccess Grameen and Fusion Microfinance are also recommended, citing growth potential and positive developments.
Gen Z and Millennials are becoming more financially savvy and have significant spending power. While they may have different spending habits, both generations are using technology and flexible finance to afford luxury purchases and invest in experiences and necessities. As they shape the consumer market, it's hard to determine who is better, but both are making informed decisions.
Indian benchmark indices, Sensex and Nifty, saw a sharp selloff with both slipping nearly 1% intraday. Mid and small cap indices also faced heavy pressure, with BSE Midcap dropping 1.73% and BSE Smallcap plunging 2%. Several midcap and smallcap stocks saw significant losses, while pharma stocks were hit by Trump's announcement of a 100% tariff on branded and patented medicines.
Senator Chuck Grassley is pushing for a ban on work permits for foreign students, citing it as a violation of the law and a risk for tech and corporate espionage. This could affect Optional Practical Training (OPT) for Indian students seeking jobs and green cards. The proposal aligns with President Trump's stance on immigration.
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