Category: Business

Business

Stock markets climb in early trade on easing oil prices, fresh foreign fund inflows

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Stock markets climb in early trade on easing oil prices, fresh foreign fund inflows

Image for representation | Photo Credit: PAUL NORONHA Market benchmark indices Sensex and Nifty climbed in early trade on Monday (September 21, 2026) amid cooling crude oil prices, fresh foreign fund inflows and a positive trend in Asian equities. The 30-share BSE Sensex jumped 448.32 points to 74,743.28 in early trade. The 50-share NSE Nifty…

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Business

Rupee rises 24 paise to 95.72 against U.S. dollar in early trade

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Rupee rises 24 paise to 95.72 against U.S. dollar in early trade

At the interbank foreign exchange market, the rupee opened at 95.86 against the U.S. dollar, then gained some ground to touch 95.72 against the American currency, registering a gain of 24 paise from its previous close. | Photo Credit: Reuters The rupee gained 24 paise to 95.72 against U.S. dollar in early trade on Monday…

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The paradox of self-reliance: India-China trade dynamics | Data Point

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The paradox of self-reliance: India-China trade dynamics | Data Point

Prime Minister Narendra Modi greets Chinese President Xi Jinping on the sidelines of the BRICS Summit in New Delhi on Saturday. PTI – | Photo Credit: – After the bilateral meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of the BRICS summit in Delhi on September 12, 2026, India…

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Business

Missing measure in India’s magnet mission

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Missing measure in India’s magnet mission

Neodymium-Iron-Boron (NdFeB) magnets have become the backbone of energy transition and advanced manufacturing. Representative file image. | Photo Credit: Getty Images/iStockphoto Most Indians know the parable of several blind men trying to describe an elephant. One touches its trunk and believes it is a snake. Another feels its leg and insists it is a pillar….

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Business

Tata Trusts rejects Tata Sons Board’s reappointment of Chandrasekaran; declares vote ‘void ab initio’

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Tata Trusts rejects Tata Sons Board’s reappointment of Chandrasekaran; declares vote ‘void ab initio’

Tata Sons chairman N. Chandrasekaran. File | Photo Credit: PTI Tata Trusts, the majority shareholder of Tata Sons, has escalated its governance dispute with the holding company by disputing the use of a casting vote to ratify the reappointment of N. Chandrasekaran. The Trusts, in a statement issued on Sunday (September 20, 2026), said the…

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Business

Bengaluru-based A-One Steels India to raise ₹405 crore in an IPO

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Bengaluru-based A-One Steels India to raise ₹405 crore in an IPO

The company has fixed the price band for its ₹405 crore IPO at ₹385–405 per share and the issue comprises a fresh issue and OFS (offer for sale), with proceeds primarily earmarked for repayment of outstanding borrowings. Photo: A-One Steels India Limited website A-One Steels India Limited, (ASIL), a Bengaluru-headquartered integrated steel manufacturer, announced that its…

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Business

FPIs turn cautious; withdraw ₹20,974 crore from equities in September amid global uncertainty

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FPIs turn cautious; withdraw ₹20,974 crore from equities in September amid global uncertainty

Representational image of foreign investment outflow. File. | Photo Credit: GettyImages/iStockphoto Foreign Portfolio Investors (FPIs) have turned cautious again, pulling out ₹20,974 crore from Indian equities so far in September amid global uncertainties, higher U.S. interest rates and bond yields, elevated crude oil prices and a weakening rupee. The latest outflow comes after foreign investors…

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Business

After October 1, only smaller 5 or 10 kg LPG refills await non-eKYC households

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After October 1, only smaller 5 or 10 kg LPG refills await non-eKYC households

Effectively, non-eKYC households will not only lose access to the 14.2 kg subsidised refills but also end up paying more for cooking gas. File. | Photo Credit: NAGARA GOPAL Biometric Aadhaar Authentication, of the connection, will become mandatory for households to continue drawing subsidised domestic liquefied petroleum gas (LPG) refills from October 1. For those…

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Business

Six companies line up IPOs worth ₹3,825 crore amid brisk primary market activity

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Six companies line up IPOs worth ₹3,825 crore amid brisk primary market activity

Six mainboard companies, including Elevate Campuses and Varmora Granito, are set to tap the primary market next week, seeking to raise a combined ₹3,825 crore through initial public offerings (IPOs), as fundraising activity continues at a brisk pace in 2026. Alongside these two issues, Bengaluru-based A-One Steels India Ltd, ArMee Infotech Ltd., Swastika Infra and…

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Business

NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

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NMDC looks to hit 60 MT iron ore production mark this fiscal: Chairman

An earthmover being used to unload iron ore lumps from a dumper truck at state-owned NMDC’s Kumaraswamy iron ore project, in Ballari district, Karnataka. | Photo Credit: PTI NMDC is working on strategies to achieve the 60 MT iron ore production mark this fiscal to meet growing demand from domestic steelmakers for the key raw…

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