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The NSE on Wednesday (September 16, 2026) raised ₹6,746 crore from anchor investors, including state-owned Life Insurance Corporation of India (LIC), Goldman Sachs and Fidelity. File. | Photo Credit: Reuters The ₹22,569-crore initial public offering of the National Stock Exchange of India (NSE) was fully subscribed on the second day of bidding on Friday (September…
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The Reserve Bank of India faces uphill task | Photo Credit: The Hindu The Reserve Bank of India (RBI) is likely to raise the repo rate twice by as much as 50 basis points by the end of December 2026 in line with global tightening cycle and excess liquidity in the banking system. Market participants…
Read More “RBI may deliver two rate hikes by CY 2026:Analysts” »
State-owned iron ore producer NMDC has identified energy efficiency, renewable energy integration, electrification of fleet, adoption of low-carbon fuels, Carbon Capture, Utilisation and Storage (CCUS) and demand-side management as the six key strategies as it eyes achieving Net Zero operational emissions by 2047. The company has set an overall target of a minimum 90% reduction…
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Manipal Hospital in Bengaluru | Photo Credit: Reuters Manipal Health Enterprises Limited has fully repaid a ₹5,310 crore debt raised through non-convertible debentures (NCDs) by its wholly owned subsidiary, Manipal Hospitals Private Limited, as part of its post-listing financial strategy. The hospital chain on Friday said it has redeemed the entire outstanding listed NCDs issued…
Read More “Manipal Health repays ₹5,310 crore debt using IPO proceeds” »
When Bikaner-based graphic designer Laxmi Rajpurohit, 22, began noticing changes in the taste, smell and consistency of the milk her family was getting from a big, reputed brand, she suspected foul play and decided to take things in her hands. She had read about simple ways of testing milk at home to check for water,…
Read More “Who’s watching what we eat? Inside India’s food adulteration problem” »
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains to close unchanged at 95.89 (provisional) against the U.S. dollar on Friday (September 18, 2026) amid a strong American currency. Positive momentum in domestic equity markets, however, supported the Indian currency, forex traders said. They also said…
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Photo used for representative purpose only. File | Photo Credit: Reuters The government’s net direct tax collection rose 13% to over ₹12.12 lakh crore till September 17 of the current fiscal on higher advance tax mop-up, according to the latest data released on Friday (September 18, 2026). Corporate tax mop-up grew 19.48% to about ₹5.56…
Read More “Net direct tax collection rises 13% to over ₹12.12 lakh crore till September 17” »
Over the last decade or so, India has complied with U.S. pressure to reduce oil imports from countries it has sought to isolate, such as Venezuela, Iran, and Russia, even though they were important sources for India. Once the U.S. pressure has eased, official data show that India has almost immediately turned back to these…
Benchmark equity indices Sensex and Nifty ended mixed on Friday (September 18, 2026), as a drop in crude oil prices was overshadowed by weakness in IT stocks and Tata Group counters. Giving up intraday gains during the Closing Auction Session (CAS), the 30-share BSE Sensex dipped 19.63 points, or 0.03%, to settle at 74,294.96. During…
Read More “Markets end on mixed note; Nifty up 76 points, Sensex dips” »
The story so far: At a board meeting of Tata Sons on Thursday (September 17, 2026) the Board, following a decision by the Nomination & Remineralisation Committee (NRC), requested Executive Chairman N. Chandrasekaran to reconsider his decision of not seeking re-appointment, and instead asked him to continue for a period of five years. Mr. Chandrasekaran…
Read More “Why are the Tata Sons Board, and majority-owner Tata Trusts in conflict? | Explained” »