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Category: Business

Business

Rupee slumps 38 paise to close at 95.46 against US dollar

Posted on September 10, 2026 By admin
Rupee slumps 38 paise to close at 95.46 against US dollar

On Wednesday (September 9, 2026), the rupee slumped 34 paise to close at 95.08 against the American currency. | Photo Credit: Reuters The rupee depreciated 38 paise to close at 95.46 (provisional) against the U.S. dollar on Thursday (September 10, 2026), as Brent crude breached the $102 threshold, mounting concerns over the country’s import cost…

Read More “Rupee slumps 38 paise to close at 95.46 against US dollar” »

Business

Markets rebound after three-day decline; Sensex gains on buying in HDFC, Axis Bank

Posted on September 10, 2026 By admin
Markets rebound after three-day decline; Sensex gains on buying in HDFC, Axis Bank

Snapping their three-session losing streak, benchmark indices Sensex and Nifty edged higher on Thursday (September 10, 2026) amid fag-end stock-specific buying despite the cautious market undertone. However, elevated crude oil prices above the $100-per-barrel mark, amid persistent geopolitical tensions, kept risk appetite subdued throughout the day, traders said. The market remained range-bound for the most…

Read More “Markets rebound after three-day decline; Sensex gains on buying in HDFC, Axis Bank” »

Business

Mumbai Global Fintech Fest 2026: Small Finance Banks seen taking big steps

Posted on September 10, 2026 By admin
Mumbai Global Fintech Fest 2026: Small Finance Banks seen taking big steps

AU Small Finance Bank has announced it’s entry into credit card segment by introducing CheQ AU Credit Card, India’s first LED-enabled credit card in association with Visa and CheQ, one of India’s leading credit-management platforms, at GFF. File Photo Credit: Special Arrangement They may be small, and named small by the regulator, due to their…

Read More “Mumbai Global Fintech Fest 2026: Small Finance Banks seen taking big steps” »

Business

Allana aims ₹40,000 cr India turnover in three years, plans portfolio exits and acquisitions

Posted on September 10, 2026 By admin
Allana aims ₹40,000 cr India turnover in three years, plans portfolio exits and acquisitions

Allana Group plans to deploy capital towards higher-growth segments, with protein, poultry, consumer foods and international operations emerging as key priorities | Photo Credit: By Special Arrangement Allana Group, one of India’s largest processed food and agri-products exporters, is looking to sharply scale up its India business over the next three years, targeting turnover of…

Read More “Allana aims ₹40,000 cr India turnover in three years, plans portfolio exits and acquisitions” »

Business

India’s coal demand expected to jump 4.2%, record output ahead: IEA

Posted on September 10, 2026 By admin
India’s coal demand expected to jump 4.2%, record output ahead: IEA

India’s coal production is set to touch the new record of 1,095 MT in 2026 | Photo Credit: Reuters Coal demand in India is expected to increase by 4.2% year-over-year to 1,353 million tonnes (MT) in 2026 with production expected to scale yet another record at 1,095 MT, the International Energy Agency (IEA) said in…

Read More “India’s coal demand expected to jump 4.2%, record output ahead: IEA” »

Business

Rupee falls 25 paise to 95.33 against US dollar in early trade

Posted on September 10, 2026 By admin
Rupee falls 25 paise to 95.33 against US dollar in early trade

Representational image | Photo Credit: Getty Images/iStockphoto The rupee depreciated 25 paise to 95.33 against the U.S. dollar in early trade on Thursday (September 11, 2026) as Brent crude price crossed the $100 mark sharply increasing concerns over India’s import bill. Forex traders said elevated crude oil prices and persistent dollar demand also weighed on…

Read More “Rupee falls 25 paise to 95.33 against US dollar in early trade” »

Business

Why are bank employees going on strike even after govt withdrew PLI scheme?

Posted on September 10, 2026 By admin
Why are bank employees going on strike even after govt withdrew PLI scheme?

United Forum of Bank Unions had striked work in January this year too. Photo shows a deserted State Bank of India’s branch in Tirupati during the bank employees strike. | Photo Credit: K.V. Poornachandra Kumar The story so far: The Government recently announced that it was putting on hold the performance-linked incentive (PLI) system it…

Read More “Why are bank employees going on strike even after govt withdrew PLI scheme?” »

Business

Markets trade flat in early deals amid elevated crude oil prices, geopolitical tensions

Posted on September 10, 2026 By admin
Markets trade flat in early deals amid elevated crude oil prices, geopolitical tensions

Image used for representative purpose only. | Photo Credit: ANI Market benchmark indices Sensex and Nifty were trading on a flat note in early deals on Thursday (September 10, 2026) as elevated crude oil prices above $100-per-barrel mark, amid persistent geopolitical tensions, kept risk appetite subdued. The 30-share BSE Sensex was marginally up 38.07 points…

Read More “Markets trade flat in early deals amid elevated crude oil prices, geopolitical tensions” »

Business

New Jawa 42 motorcycle unveiled at ₹1.8 lakh

Posted on September 10, 2026 By admin
New Jawa 42 motorcycle unveiled at ₹1.8 lakh

Anupam Thareja, Co-founder, Classic Legends. | Photo Credit: Special Arrangement Jawa Yezdi Motorcycles — under which Classic Legends Ltd operates — on Wednesday (September 9, 2026) unveiled Jawa 42 with over 60 enhancements at ex-show room price starting ₹1,79,942. With this, the company has completed the new Jawa ‘All Stars’ line up which comprising three modern…

Read More “New Jawa 42 motorcycle unveiled at ₹1.8 lakh” »

Business

September 11 bank employees strike: Services likely to be hit as unions press for five-day week, PLI rollback

Posted on September 10, 2026 By admin
September 11 bank employees strike: Services likely to be hit as unions press for five-day week, PLI rollback

United Forum of Bank Unions members address a press conference in New Delhi on September 1, 2026 | Photo Credit: ANI The United Forum of Bank Unions (UFBU) will hold a nationwide strike on September 11, 2026, over the delay in implementing a five-day banking week, differences over performance-linked incentive (PLI) schemes, and several other…

Read More “September 11 bank employees strike: Services likely to be hit as unions press for five-day week, PLI rollback” »

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