At least 15 mango shipments from India have been rejected by US authorities due to documentation irregularities, causing an estimated loss of over Rs 4.28 crore. The mandatory irradiation process, conducted at a USDA-approved facility, was found to have paperwork discrepancies.
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.
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.