Deepak Parekh, at the Financial Express summit, is optimistic about the Indian economy due to lower interest rates, upcoming festivals, and income tax relief. He highlights the need for boosting private capex and notes that while profitability is strong, revenue growth is weak. The recent CMIE data on new project announcements in manufacturing could be a turning point for the economy.
150,000
The 77th Primetime Emmy Awards celebrated a night of stars at the Peacock Theatre, with Owen Cooper and Tramell Tillman making history. Winning an Emmy does not come with a paycheck, but it can open doors for future projects and result in a pay raise. The trophy is worth Rs 35,000, but if made with solid gold, it would cost over Rs. 150,000.
BSE's share price has dropped by 19% in 3 months due to expiry wars and potential changes to derivative expiry days. Nuvama predicts significant impact on BSE's earnings and has modeled 5 scenarios with potential cuts up to 38.5%. Despite this, they maintain a Buy rating with a target price of Rs 2,820 per share.
The Income Tax Department's e-filing portal is facing technical issues, causing inconvenience to taxpayers and CAs. The Department has released tips to ease the filing process, and has debunked a fake circular about an extended deadline. Late filing will result in penalties, and over 6.69 crore ITRs have been filed already.
Navjot Singh, son of a Finance Ministry official, died in a BMW crash. His father has spoken to the media, saying that was taken to the "worst nursing home" instead of the nearby hospitals. His father expressed that the in-laws of the driver live nearby and were manipulative. He and his wife had visited Gurdwara Bangla Sahib and were returning home when the accident happened.
Markets remain subdued as Nifty struggles around 25,100 levels and Sensex stays flat. BSE Midcap and Small Cap indices witness strong buying. KRBL's stock drops 10% after director's resignation, while Vodafone Idea's share price rises 6% ahead of Supreme Court hearing on AGR demand.
IGNYTE Helmets, a premium brand of Steelbird Hi-Tech India, has launched the IGN-58 open-face helmet. It combines retro-inspired design with advanced EPP liner technology, providing multi-impact protection, elastic memory, and water/chemical resistance. Priced at Rs 2,999, the IGN-58 is aligned with the Vision Zero initiative and features a high-impact ABS shell.
Smriti Irani, a former Union Minister and BJP leader, dismissed the idea of a close relationship with PM Narendra Modi, stating that anyone who claims to have one is either lying or unaware of the PM. She praised Modi's work ethic and memory retention. She said that PM Modi always remembers what one said on a topic years ago.
Skydance Media, led by David Ellison, is considering a $70 billion-plus deal to acquire Warner Bros. Discovery, in a move to consolidate media assets and preempt rivals. This could elevate Ellison into the top tier of Hollywood power brokers, despite the challenges of integrating Paramount Global and the potential debt burden.
Bollywood filmmaker Karan Johar has approached the Delhi High Court to protect his personality and publicity rights. He wants to stop the illegal sale of merchandise bearing his name and image, and has requested the court to direct websites and platforms to stop selling without his permission.
Finance Ministry official Navjot Singh was killed in a car crash in Delhi, with suspect Gaganpreet Makkad facing charges for destroying evidence. The FIR has invoked sections related to culpable homicide and attempting to destroy evidence. The couple who transported the victims to a hospital 17 km away are known to the hospital owner, raising concerns about negligence.
Larsen & Toubro's (L&T) Transportation Infrastructure business has secured a large order worth Rs 2,500-5,000 crore from NHSRCL to construct 156 km of high-speed ballastless track for the Mumbai-Ahmedabad High Speed Rail Corridor. This is L&T's second track-work package for the project, and they will use Japanese Shinkansen technology to support speeds of up to 320 kmph. L&T has a strong track
Jefferies, a global brokerage firm, has released its top recommendations for September in the auto, steel, and pharma sectors. It has a Buy rating on Mahindra & Mahindra, TVS Motor, Jindal Stainless, Sun Pharma, and Mankind Pharma, with strong upside potential. M&M's farm division is expected to drive growth, while its passenger vehicle business is seeing a rise in market share.
Republican leader Vivek Ramaswamy and Democrat leader Ro Khanna have both condemned the brutal killing of Indian-origin hotel manager Chandra Nagamallaiah by an undocumented immigrant with a history of violent crimes. The incident has sparked outrage and calls for accountability from the Indian diaspora.
Yamaha is finally bringing the XSR 155, a neo-retro motorcycle based on the R15 and MT-15, to the Indian market. Despite initial doubts, a test mule has been seen on Indian roads, signaling its upcoming release. The bike is expected to offer similar features as its counterparts, the R15 and MT-15.
India celebrates National Engineers' Day on September 15 to honor Sir Mokshagundam Visvesvaraya, a visionary engineer from Karnataka who played a key role in shaping the country's infrastructure. He was awarded the Bharat Ratna and the title of 'Sir' for his invaluable contributions. PM Narendra Modi pays tribute to him and recognizes the crucial role of engineers in India's development.
The Indian market is experiencing a rise in demand for BLDC fans, known for their energy efficiency and ability to lower electricity bills and carbon footprints. Compared to traditional fans, BLDC fans consume up to 65% less electricity and come with advanced features such as LED lights and smart controls.
The Blaze AMOLED 2 by Homegrown Lava is a popular and affordable phone with a slim 6.67-inch display, 120Hz refresh rate, and sleek back panel. It runs on a powerful MediaTek Dimensity 7060 chipset with 6GB RAM and 128GB storage. The 50MP rear camera and 8MP front camera deliver high-quality images. The 5000mAh battery with 33W fast charging ensures long-lasting use. Priced
The Netflix series 'Adolescence' dominated the 77th Primetime Emmy Awards with 13 nominations and 7 wins. The limited series, focused on teenage struggles and social media, stars 15-year-old Owen Cooper who gave an inspiring acceptance speech. The show also won for Best Anthology Series, Lead Actor, Supporting Actress, Writing, Directing, and Supporting.
Hannah Einbinder, Emmy award winner for her role in 'Hacks', used her speech to speak out against the issue of Palestine despite time constraints. She joined 4,000 Hollywood figures in pledging not to work with Israeli companies, but the Emmys broadcaster, Paramount+, did not support the pledge. Einbinder highlighted the importance of boycotting to pressure those involved in the genocide.
Ducati has launched the Multistrada V4 RS and Diavel V4 RS, powerful variants of its existing models, in India. These sportbikes, with advanced electronic technology and reduced weight, are disguised as adventure tourers and power cruisers. They feature a V4 engine and impressive features like the Ducati Vehicle Observer, five ride modes, and four suspension presets.
NTPC, India's top power company, is diversifying into nuclear energy with joint ventures and standalone projects. Chairman Gurdeep Singh revealed plans to partner with technology providers and state governments for nuclear projects. NTPC has a joint venture with NPCIL and a new subsidiary for nuclear expansion, aligning with India's push for clean energy and NTPC's focus on sustainable power.
Governor Kathy Hochul endorses Zohran Mamdani for NYC mayor, praising his courage, urgency, and optimism to address the city's toughest issues. She highlights his focus on affordability, public safety, and combatting antisemitism, as well as their shared values and resolve to improve the lives of all New Yorkers. Despite their different backgrounds, they make the best team.
The Income Tax Department has cautioned taxpayers about a fake message stating that the ITR filing deadline has been extended to September 30. The official deadline is still September 15 and no further extension has been declared. Taxpayers are urged to follow updates from the official handle and seek help from the 24x7 helpdesk.
Lisa from BLACKPINK wowed at the 2025 Emmy Awards with her acting debut in the critically acclaimed series 'The White Lotus'. She played the character of 'Mook' and received praise for her performance. The series has received over 20 nominations, including Outstanding Drama Series. Lisa also received a nomination for her choreography at last year's Oscars.
Selena Gomez and fiancé Benny Blanco made a stunning appearance at the 77th Primetime Emmy Awards red carpet, ahead of their upcoming wedding. The couple skipped the MTV VMAs earlier this month due to Blanco's fear of flying. Gomez wore a custom red Louis Vuitton gown, sparking speculations about her wedding dress. This could be her last red carpet before tying the knot in Montecito, California.
The highly anticipated Dev Accelerator IPO allotment will be finalized today, September 15. Investors can check their allotment status through NSE, BSE, or the registrar, Kfin Technologies. The IPO saw a strong demand. Refunds will be processed on Tuesday, Sept 16, and shares will be credited to demat accounts on the same day.
The Shringar House of Mangalsutra IPO, which aimed to raise Rs 400.95 crore, was oversubscribed 60.31 times by institutional investors. The final allotment status will be announced today, with successful applicants receiving notification once shares are credited to their demat accounts. The IPO is set to list on BSE and NSE.
The funeral for conservative activist Charlie Kirk will be held at the State Farm Stadium in Arizona on Sunday, with thousands expected to attend. President Trump and other high-level officials will be present to honor Kirk's legacy. His widow, Erika, expressed gratitude and vowed to continue his vision.
Investors will have a busy week ahead with a lineup of company announcements, fundraising updates, regulatory action, and deal signings. The Sensex and Nifty closed higher on Friday, with Vedanta, Aditya Birla Capital, Apollo Hospitals, Adani Power, Shakti Pumps, Dr Reddy's Laboratories, Alembic Pharmaceuticals, Info Edge, Diamond Power, RailTel, and GMR Airports making headlines
The government has reopened the application window for the white goods production linked incentive scheme, offering incentives for manufacturing components of LEDs and air conditioners. With an outlay of Rs 6238 crore, the first three rounds have seen 83 applicants with committed investments of Rs 10,406 crore. The scheme has led to significant growth in production, sales, and employment.
AI is revolutionizing customer service in various industries through chatbots, voice bots, and AI-driven assistants, enhancing speed, accuracy, and efficiency while reducing costs. Major companies like EaseMyTrip, Bank of Baroda, IndiGo, Air India, Meesho, and BigBasket are utilizing AI to improve query resolution, call handling, and balance automation and empathy.
Urban Company's highly anticipated IPO, which opened on September 10 and closed on September 12, is set to allot shares today, September 15. The issue was oversubscribed by 108.98 times, with strong interest from all categories of investors. The trading will commence on BSE and NSE from September 17, with a potential listing price of Rs 168 per share, as indicated by the current GMP.
785 audit firms of listed companies did not submit the required NFRA-2 return for FY24, violating the Companies Act and NFRA Rules. The list includes auditors of high-capital, turnover, or public interest companies, and non-compliance leads to penalties.
Government fast-tracks inclusion of refineries in infrastructure list to provide tax benefits for Saudi Arabia's sovereign wealth fund, PIF, and its subsidiaries. PIF may invest in two large refineries in India, with initial investments of $2.8 billion and potential to increase to $5 billion.
Flipkart's senior director, Kapil Thirani, reveals that India's e-commerce sector is experiencing a surge in consumer demand and sentiment, thanks to government policies and increased disposable incomes in lower-income households. The hyper-value platform, Shopsy, is seeing remarkable growth, with a majority of shoppers from tier-2 cities and smaller towns.
CII is creating a national framework to enhance the growth of the GCC sector in India, with a focus on tier-II and III cities. The framework suggests the establishment of a National GCC Council, Digital Economic Zones, and stronger industry-academia collaborations. This policy aims to position India as a global leader in GCCs, which have become essential drivers of the economy and innovation.
IMD has declared an early withdrawal of southwest monsoon from parts of west Rajasthan, with surplus rainfall in the north-west, central, and southern regions. More areas in Rajasthan, Punjab, and Gujarat are expected to see withdrawal soon. The monsoon arrived early this year and has brought above-normal rainfall, raising hopes for a good agricultural output.
In the financial year 2024-25, Flipkart India's net loss widened by 24% as expenses rose in line with revenue. The company's share of loss from its associate companies also increased. However, its marketplace arm, Flipkart Internet, reported a narrower net loss and an increase in revenue.
HCL Software, part of HCLTech, positions itself as a key player in the sovereign technology space by owning intellectual property. This allows for data, people, and IP sovereignty, with registered IPs in India and development hubs in Bengaluru, Pune, and Noida. The company offers a choice of deployment options and is gaining traction in regulated sectors like public sector, defence, and banking.
The global volatility, investor caution, and regulatory changes have led to a slowdown in the startup IPO momentum in 2025. Despite a surge in IPOs last year, this year has only seen five so far due to uncertain market conditions. However, there is hope for a gradual recovery with a strong pipeline of IPOs and potential foreign inflows.
Auto manufacturers are ramping up production to meet the high demand for cars and SUVs, thanks to GST cuts and compensation cess reductions making them more affordable. The passenger vehicle industry is expected to grow by 5% this fiscal year, fueled by the GST 2.0 boost and higher tax-free income limit.
Farmers becoming shareholders in FPOs has increased, resulting in local aggregation and reduced production costs. In the last 5 years, over 5 million farmers have taken equity in 10,000+ FPOs, with Telangana, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Maharashtra accounting for 50% of shareholders. Women hold a 38% share in these collectives, leading to collectivization.
SEBI's move to extend relaxations to accredited investors (AIs) is likely to boost their current number of 649. The low count can be attributed to the lack of attractive features in the regulatory framework, making the AI status unappealing to high-risk investors. The recent board meeting has introduced AI-only schemes, giving more flexibility to managers and investors.
Punjab govt disburses Rs 2 crore compensation to 50 flood-affected families, remaining 6 to receive soon. Girdawari and crop damage assessment underway, full compensation promised. Extensive cleanliness and health drive launched, medical teams examining villagers and livestock, vaccination to prevent diseases. 5-day cleanliness drive in grain markets to prepare for paddy procurement.
Home loans, previously seen as secure, are now under pressure and being sold to asset reconstruction companies. In June 2025, ARCs bought stressed retail assets worth Rs 1,713 crore, a 245% jump from the previous year. Public sector banks are experiencing a surge in home loan defaults, particularly in affordable housing.
The latest GST reforms by Finance Minister Nirmala Sitharaman have simplified the tax structure and resolved classification disputes. Under GST 2.0, all food items now fall under the 5% bracket or are exempt. The 56th GST Council has abolished the 12% and 28% slabs and the compensation cess, reducing rates on over 300 items.
Samsung has a diverse range of devices for fans, including foldable phones, flagship Galaxy S series, and budget-friendly A series. The latest Galaxy Watch8 Classic is a premium smartwatch with advanced features like sleep and health monitoring, quick navigation, and Google Gemini AI assistant. It has a stylish design, water-resistance, and customizable features, but its battery life is limited.
Adventure sports like rafting, paragliding, and mountaineering are often excluded from regular medical and travel insurance policies. Adding an adventure sports rider can provide coverage for injuries or fatalities arising from these activities, at a minimal cost. Without this rider, the cost of treatment or evacuation can be exorbitant.
The recent GST rate cut and attractive financing options from banks are encouraging people to upgrade to cars and SUVs. Lower interest rates, nil processing fees, and festive discounts are making the deal even more appealing. The reduced prices of vehicles due to GST cut have made it possible for households to afford better safety and comfort.
SpiceJet, a budget carrier, is struggling as it delays paying salaries to employees, especially senior staff. With a workforce of 6,484, the airline had planned to expand its fleet by 10 planes but reported a net loss of Rs 238 crore in the June quarter. Despite raising Rs 3,000 crore last year, the airline currently has only 18 out of 53 aircraft in operation.