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Category: Business

Business

Principal Secretary to PM cautions banks against lending euphoria, urges focus on project viability

Posted on September 23, 2026 By admin
Principal Secretary to PM cautions banks against lending euphoria, urges focus on project viability

Principal Secretary to the Prime Minister, PK Mishra, addresses the 13th SBI Banking and Economics Conclave via video conference as State Bank of India (SBI) Chairman Challa Sreenivasulu Setty looks on, in Mumbai. | Photo Credit: PTI Principal Secretary to the Prime Minister P.K. Mishra on Wednesday cautioned banks against reviving aggressive lending practices driven…

Read More “Principal Secretary to PM cautions banks against lending euphoria, urges focus on project viability” »

Business

Enterprises should shift from AI pilots to problem-solving: Sindhu Gangadharan

Posted on September 23, 2026 By admin
Enterprises should shift from AI pilots to problem-solving: Sindhu Gangadharan

Sindhu Gangadharan, Managing Director of SAP Labs India | Photo Credit: The HIndu Enterprises must move beyond AI experimentation and focus on solving real business problems, building domain expertise and empowering their workforce, said Sindhu Gangadharan, Managing Director of SAP Labs India. Speaking at a fireside chat on “Leadership in the AI Era” at the…

Read More “Enterprises should shift from AI pilots to problem-solving: Sindhu Gangadharan” »

Business

Indian OMCs incur ₹530 cr daily losses; ₹8 per litre on petrol, ₹9 on diesel and ₹300 on LPG: ICRA

Posted on September 23, 2026 By admin
Indian OMCs incur ₹530 cr daily losses; ₹8 per litre on petrol, ₹9 on diesel and ₹300 on LPG: ICRA

West Asia turmoil pushes OMC fuel losses to ₹530 crore a day. Crude oil prices have risen sharply in recent weeks amid escalating geopolitical tensions and supply disruptions. | Photo Credit: The Hindu Indian oil market companies (OMCs) are estimated to be incurring under-recoveries of ₹8 per litre on petrol, ₹9 per litre on diesel…

Read More “Indian OMCs incur ₹530 cr daily losses; ₹8 per litre on petrol, ₹9 on diesel and ₹300 on LPG: ICRA” »

Business

Stock markets rebound amid easing crude oil prices; Sensex up 299 points

Posted on September 23, 2026 By admin
Stock markets rebound amid easing crude oil prices; Sensex up 299 points

File photo for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty rebounded on Wednesday (September 23, 2026) amid easing crude oil prices, which remained below $100 per barrel, and hopes of a possible de-escalation in the West Asia conflict. The 30-share BSE Sensex climbed 299.17 points, or 0.40%, to settle at…

Read More “Stock markets rebound amid easing crude oil prices; Sensex up 299 points” »

Business

Rupee falls 12 paise to close at 95.74 against U.S. dollar

Posted on September 23, 2026 By admin
Rupee falls 12 paise to close at 95.74 against U.S. dollar

Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 12 paise to close at 95.74 (provisional) against the U.S. dollar on Wednesday (September 23, 2026), weighed down by the broad strength of the American currency and a slight recovery in crude oil prices from lower levels. Forex traders said the dollar strengthened on hawkish…

Read More “Rupee falls 12 paise to close at 95.74 against U.S. dollar” »

Business

OECD becomes latest global agency to upgrade India’s growth, ups 2026-27 expansion to 7.1%

Posted on September 23, 2026 By admin
OECD becomes latest global agency to upgrade India’s growth, ups 2026-27 expansion to 7.1%

The Organisation for Economic Co-operation and Development, in its interim report, said that several countries have been able to mitigate the damage from the West Asia crisis by rapid growth in artificial intelligence-related investment and production in many economies. File. | Photo Credit: AFP The Organisation for Economic Co-operation and Development (OECD) has become the latest…

Read More “OECD becomes latest global agency to upgrade India’s growth, ups 2026-27 expansion to 7.1%” »

Business

Banks to remain open on Sunday for customers’ convenience in view of proposed nationwide strike

Posted on September 23, 2026 By admin
Banks to remain open on Sunday for customers’ convenience in view of proposed nationwide strike

Representational file image. | Photo Credit: R. V. Moorthy In view of the proposed nationwide bank strike by the United Forum of Bank Unions (UFBU) from September 28 to 30, 2026, the government has announced that all Public Sector Banks and Regional Rural Banks will operate normally on Sunday (September 27, 2026). The UFBU, which…

Read More “Banks to remain open on Sunday for customers’ convenience in view of proposed nationwide strike” »

Business

Bombay High Court rejects Adani plea that duty-free shops are beyond domestic laws

Posted on September 23, 2026 By admin
Bombay High Court rejects Adani plea that duty-free shops are beyond domestic laws

In a case widely ‌seen as setting a precedent on duty-free sales, Gautam Adani ‌in ⁠April challenged Indian authorities who said its Mumbai ⁠international airport shops illegally stocked and sold nicotine pouches which remain unapproved in India. File. | Photo Credit: Reuters ⁠The Bombay High Court has ruled that goods sold at duty-free shops are…

Read More “Bombay High Court rejects Adani plea that duty-free shops are beyond domestic laws” »

Business

Rupee rises 5 paise to 95.57 against U.S. dollar in early trade

Posted on September 23, 2026 By admin
Rupee rises 5 paise to 95.57 against U.S. dollar in early trade

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee gained 5 paise to 95.57 against the U.S. dollar in early trade on Wednesday (September 23, 2026), supported by falling crude oil prices and a broader recovery in Asian currencies. Forex traders said going ahead, the currency market direction will…

Read More “Rupee rises 5 paise to 95.57 against U.S. dollar in early trade” »

Business

Stock markets rebound in early trade amid easing crude oil prices

Posted on September 23, 2026 By admin
Stock markets rebound in early trade amid easing crude oil prices

File photo for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (September 23, 2026) amid easing crude oil prices, although foreign investor selling remained a key headwind for domestic equities. The 30-share BSE Sensex climbed 283.66 points to 74,812.74 in early trade. The 50-share NSE…

Read More “Stock markets rebound in early trade amid easing crude oil prices” »

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