Billionaire Mark Cuban, known for co-founding Broadcast.com and appearing on Shark Tank, is interested in purchasing Fox News and owning an NBA team. He previously rejected running for US president, but may reconsider if Donald Trump runs for a third term. Cuban has proposed Jon Stewart and James Talarico as potential candidates for the 2028 term, despite not aligning with either party.
NASA has banned Chinese citizens with US visas from participating in its programs due to security concerns. This comes as the US and China compete in the space race to send humans back to the Moon. The decision also reflects growing tensions between the two countries, with the Trump administration imposing tariffs and limiting scientific cooperation.
DFS to hold 'Manthan' with PSBs on Sept 12-13 to discuss interest rate cuts, credit growth, and consolidation. Meeting chaired by DFS secretary M Nagaraju will focus on transforming PSBs into stronger institutions, exploring synergies, and increasing productivity. India aims for $30 trillion economy by 2047, with bank credit to reach 130% of GDP.
A student shot two peers at Evergreen High School in Colorado before shooting himself and later dying. Police responded swiftly and no shots were fired by law enforcement. The injured students were taken to the hospital and one is in stable condition. Parents and students rushed to the school to ensure safety and some students sought shelter at a nearby home.
Suzuki has discontinued the Katana in India after just three years. The bike offered retro styling, modern features, and a 999cc four-cylinder engine. However, it failed to garner sales and was often sold at discounted prices. The only remaining four-cylinder option from Suzuki is the Hayabusa, while the CB1000 Hornet is the only competitor.
The Urban Company IPO has been in the news for its high grey market premium and strong investor demand. The share price has increased from Rs 10 to Rs 39 in a week, showing a growing investor interest. The IPO was fully subscribed within 2 hours of opening, with retail investors leading the way. The company aims to raise Rs 1,900 crore at a price band of Rs 98- per share.
Car manufacturers have decided to split the compensation cess cost with dealers following the GST 2.0 update. M&M, Volvo Cars, and Tata Motors have pledged support. The government has also reduced GST on small cars from 28% to 18%, but dealers are worried about high-cess cars with no resolution from the government.
Delhi Police's Special Cell foiled a major terror plot by busting an IS-inspired module in coordinated raids. Nearly a dozen suspects were detained, with five formally arrested. The group had links with Pakistan and was using encrypted apps to communicate. They were planning to carry out bomb attacks and were also involved in online radicalization and spreading extremist propaganda.
Right-wing activist Charlie Kirk was fatally shot at Utah Valley University while addressing a gathering, sparking conspiracy theories and heated reactions on social media. MAGA supporter Laura Loomer condemned TMZ for allegedly cheering Kirk's death during a livestream. TMZ apologized for the insensitive laughter heard in the background, clarifying that it was not related to Kirk's death.
By 2035, AI and digital twin technologies will revolutionize the aerospace industry, according to a TCS survey of 320 executives. Real-time decision-making and agentic AI will drive change, while human expertise will remain crucial. Digital twins and robotics will play a key role, with the MRO segment also transitioning to AI.
Apple's latest iPhone lineup emphasizes battery power and device size, with the introduction of the ultra-thin iPhone Air and updates to the Pro and basic models. The iPhone 17 Air boasts a slim profile and improved battery performance, while the Pro models offer durability and advanced cameras.
India plans to assist exporters impacted by US tariffs with a support package of Rs 22.5 billion. The package includes collateral-free loans and subsidised interest rates to aid labour-intensive sectors at risk of losing competitiveness to countries like Vietnam and Bangladesh.
The automobile industry is expecting a 20% increase in sales during the festive season due to reduced GST rates. Prices of cars and SUVs have become more affordable, including luxury vehicles. Dealers are well-stocked and anticipating record sales. The festive period usually contributes 15% to annual volumes, indicating a potential boost in demand and higher sales figures.
Hours after conservative activist Charlie Kirk was shot dead during a rally in Utah, the killing has ignited a fierce ideological blame game. From Elon Musk, JD Vance and Maga voice to President Donald Trump have unequivocally blamed the left for the killing, sparking a fact-checking rebuttal from journalist Mehdi Hasan.
The advertisement industry is expecting a 15-20% increase in festive ad spending due to the new goods and services tax regime starting on September 22. This will add Rs 10,000 crore to the total of Rs 60,000 crore during the 100-day festival period. The government and its agencies will spend Rs 1,500-2,000 crore to educate consumers about product price cuts, with a focus on digital platforms.
Charlie Kirk, a prominent conservative activist and co-founder of Turning Point USA, was fatally shot while speaking at Utah Valley University. His death has sparked outrage and grief among MAGA supporters, who see it as a political assassination fueled by a toxic media environment.
Conservative commentator Charlie Kirk was fatally shot during his ‘’American Comeback Tour’’ at Utah Valley University on September 10, 2025. President Trump and other leaders expressed grief and condemned political violence. Israeli Prime Minister Netanyahu and UK Foreign Secretary Cooper paid tribute to Kirk's advocacy for truth and Judeo-Christian values.
Lenskart, a popular eyewear provider co-founded by Peyush Bansal, has filed for an IPO to raise Rs 2,200 crore through a fresh issue and offer for sale. Jefferies predicts strong growth in the organized retail eyewear market in India, which makes up 60% of Lenskart's revenue. The company is also expanding globally, operating in 10+ countries.
Auto sector executives stress the importance of accurate forecasting for profitability and dealer well-being. Technology and data are crucial in this process, with a focus on Vahan-based registration data and algorithm-driven systems for spare parts management. Challenges in luxury and commercial segments can be overcome with improved forecasting, GST reliefs, and positive consumer sentiment.
RBL Bank is aiming to triple its retail loan book to ₹6,000 crore by FY26 through branch banking, with plans to expand its branch network to 770 outlets by FY28. The bank is focusing on deepening customer engagement, cross-selling bundled offerings, and using a hybrid acquisition model.
ISRO and HAL have signed an agreement for the transfer of technology to produce Small Satellite Launch Vehicles (SSILV). This will allow HAL to build, integrate, and operate SSLVs, strengthening India's position in the global small satellite market. ISRO will provide training and handholding for two years, and HAL is expected to produce its first SSLV by 2027.
Gold loan demand continues to surge, reaching an all-time high of Rs 2.94 lakh crore in August 2025. The rise in gold prices has been the main driver, with a 53% increase over the past year. Lenders are optimistic about the growth potential of gold loans, with an estimated 20% growth in FY26. Regulatory efforts and higher LTV ratios are also contributing to the rising interest in gold loans.
Raymond celebrates its 100th anniversary, a remarkable feat in the consumer market. Despite its strong reputation and success, the company has struggled to keep up with the evolving fashion and retail industry. While its ventures in real estate, defence, and engineering show potential, experts suggest Raymond should prioritize its core textile business.
IDBI Bank has filed a fresh application for insolvency proceedings against Zee Entertainment over a default of Rs 225 crore. Zee has denied the claims and may take legal action. This is the second time IDBI Bank has moved the NCLT against Zee, with the previous attempt being dismissed. Zee expects no financial impact and plans to focus on new initiatives for growth and profitability.
SEBI to announce reforms for investors, companies, and market participants, including changes to RPT norms, stake dilution for IPOs, scope of credit rating agencies, and revamping of stockbroker regulations. Equity classification for REITs and InvITs may also be granted. These changes will reduce compliance friction for Indian listed firms and boost investor interest in these securities.
The cabinet has approved the construction of a four-lane high-speed corridor in Bihar with a budget of Rs 4,447.38 crore. The project will develop the Mokama-Munger section of the Buxar-Bhagalpur corridor, reducing travel time and providing safer connectivity. Additionally, a railway line doubling project has been approved across Bihar, Jharkhand, and West Bengal.
The IPO market experienced a significant increase in investment, with six issues opening on Wednesday and attracting Rs 4,485 crore. Despite removing the anchor portion, the demand was three times the combined issue sizes. Urban Company's IPO and two other mainboard issues received strong retail frenzy.
India and the US are set to resume trade talks next week, with both leaders expressing hope for a successful bilateral agreement. While tariffs and ties with Russia remain contentious issues, the two countries are working towards a mutually beneficial deal. The news has been well-received by markets, providing relief to exporters and the economy.
Gautam Singhania, chairman and MD of Raymond, shared his vision for the future of the company at its 100th anniversary event. Plans include increasing shareholder value, achieving 15% topline growth and 20-25% Ebitda growth annually, and exploring new markets due to US tariffs. The company will also launch projects worth Rs 25,000 crore in Thane and Mumbai.
UltraTech Cement is strategically expanding in southern India, a key growth driver for the company. It has acquired major players and increased its share of the region's cement capacity, leading to positive pricing and profitability. The company is on track to reach its target capacity by FY27 and is focused on cost savings and sustainability measures.
Icra analysts expect the recent GST rate cuts to boost domestic demand and support credit expansion for banks and NBFCs in the near term. They predict a rise in incremental bank credit flow and year-on-year credit growth for both banks and NBFCs in FY26. The agency maintains a stable outlook for banks and NBFCs, but warns of potential asset-quality risks and stress in smaller players.
Equity fund inflows in August were lower at Rs 33,430 crore compared to July's Rs 42,702 crore, with retail investors continuing to invest through SIPs. The industry's AUM also declined marginally to Rs 75.18 lakh crore. Large-cap and mid-cap funds saw net inflows, while small-cap and thematic schemes saw a sharp fall. NFO collections were meagre at Rs 2,859 crore.
Urban Company's IPO was fully subscribed within hours of opening, with a total subscription of 3.13 times. The company received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer. The retail individual investors category was subscribed 7 times, while the non-institutional investors portion received 4.16 times subscription.
Festive season to bring in record sales for automotive industry with 20% growth expected. Cut in GST boosts consumer sentiment and leads to drop in prices for both mass market and luxury vehicles. Auto dealers confident of strong demand across segments and expected to increase production to meet surge. Ministry of Heavy Industries asks companies to display price comparison at showrooms.
showroom)
Tata Motors introduces the safest subcompact SUV, the Nexon range, in India with a 5-star safety rating for both combustion engine and battery-powered versions. The battery-powered Nexon now includes ADAS, making it one of the most advanced and secure cars available. The new Empowered A+ trim with a 45 kWh battery pack is also available in a Dark Edition variant.
The performative male trend on social media has caused a discussion on the representation of masculinity in the digital era. This trend, which includes men carrying tote bags and wearing jewelry, challenges traditional gender norms. While some see it as a positive change towards inclusive masculinity, others criticize it for perpetuating homophobia and traditional ideals.
Indian cybersecurity professional Attaullah Baig has sued Meta for ignoring his warnings about cybersecurity failures while he was the head of security for WhatsApp. Baig's legal team alleges that his firing was due to his efforts to raise privacy concerns within the company, including discovering that 1,500 engineers had access to user data.
Yondr, a zipper magnetic pouch created by Graham Dugoni, aims to reduce phone usage and screen time. It has gained popularity in US schools, where phones will soon be banned during school hours. Dugoni, who values simplicity, sees technology as intrusive and has designed Yondr to encourage face-to-face communication. The pouch is also helping schools preserve traditional learning methods.
The recent GST rate cut has brought joy to car buyers, but raised concerns for the auto industry. Manufacturers expect increased demand, while dealers struggle with pricing and estimated losses of Rs 2,500 crore. FADA is worried about compensation cess balances. The decrease in GST rates has also led to a decrease in discounts and a halt in purchases.
Vikram Solar, a leading solar module manufacturer, reported a strong first quarter of FY26 with a 483% increase in profit after tax and a 79% growth in revenue. With India's push for renewable energy, the company's order book has soared to 10.96 GW. Additionally, the company's profit margin and capacity utilization have also improved
An ICRA report predicts that the US tariffs on Indian apparel imports will cause a significant decline in revenue and margins, potentially harming the country's competitive edge in the global market. However, importing duty-free cotton from the US and reaching a trade agreement could help mitigate the impact.
Vedanta Ltd is expanding its aluminium capacity from 3 to 6 MTPA through land acquisition in Dhenkanal, Odisha. They also have plans for a greenfield plant and an aluminium park in Jharsuguda, which could generate over 2 lakh jobs. The company is currently investing in billet capacity and aims to become a major player in the aluminium industry.
A couple in Delhi's Nirman Vihar bought a Mahindra Thar and performed a "nimbu ritual" to protect it from the evil eye. However, the car owner accidentally hit the accelerator, causing the SUV to crash through the showroom's first floor. No one was hurt, and no complaints were filed. The couple's intention was to roll the car over a lemon, but it ended up causing chaos.
The ED conducted searches in Delhi-NCR, Tamil Nadu, and Karnataka in a money laundering investigation linked to an alleged Rs 346 crore bank fraud case involving Hythro Power Corporation Ltd (HPCL) and its directors. The probe revealed that loan funds were siphoned off and diverted through fictitious transactions with related entities, causing losses to banks and eroding creditor interests.
Arshad Warsi, famous for his role as Circuit in Munnabhai, hosted the first season of Bigg Boss. His humor and charm made the show popular among Indian viewers. With 85 episodes, the season was won by Rahul Roy and featured other celebrities like Rakhi Sawant and Amit Sadh. Despite controversies, it was a success and set the foundation for future seasons.
Ukrainian President Volodymyr Zelenskyy has warned Europe and NATO of an escalating threat from Russia after a barrage of missiles and drones struck Ukraine, including Russian-Iranian "Shahed" drones. The attacks targeted 15 regions, causing one death and injuring three people. Zelenskyy also expressed concern about the conflict spreading into NATO territory.
The government has reduced the goods and services tax (GST) on drones to 5%, down from 18% and 28%. This move is expected to boost the defence sector and ease the indirect tax burden on defence procurement. It will also reduce costs for surveillance drones and strengthen India's drone training ecosystem. The GST changes will also support indigenous assembly and research.
Muhammad Waseem, UAE's captain, is confident in his team's ability to win the Asia Cup 2025 in the T20 format. Shaped by an Indian mentor and born in Pakistan, Waseem is the UAE's top batter, with a record of hitting the second-most sixes in T20 internationals. He plans to target India and Pakistan, relying on discipline and teamwork for an upset victory.
CEA predicts that GST reforms will counteract the effects of US tariffs on Indian exports. This will result in a 0.2-0.3% increase in GDP growth this year. The GST Council plans to simplify the tax system by implementing a two-slab structure of 5% and 18%, along with a single return filing process.
Elon Musk, possibly the first trillionaire, posted a thought-provoking video on X. The speaker challenges the idea of laziness, suggesting it is a mindset of focusing on effort rather than outcome. This shift in thinking is crucial for humanity's survival and can be applied to daily life. The video also discusses the connection between laziness and dopamine, the key to motivation and reward.
Mercedes-Benz and BMW were rumored to partner for powertrain sourcing to meet Euro 7 regulations, but Mercedes-Benz CTO Markus Schaefer denied this. The brand remains committed to its own powertrain family, including the new FAME engines. They are also working on a compliant V8 power plant and will still offer V12 engines in flagship models, despite speculation.