Nithin Kamath Flags Regulatory Risk for Fintech and Broking Firms
Zerodha founder and CEO Nithin Kamath has highlighted regulatory risk as a major factor that can affect businesses operating in India’s tightly regulated financial sector. His comments came after the Insurance Regulatory and Development Authority of India (IRDAI) proposed changes to insurance distribution and commission structures. Kamath said changes in regulations can quickly alter the economics of regulated businesses.
NRI Property Purchase Rules Change From October 1, 2026: What Buyers Need to Know
Buying property from a non-resident Indian (NRI) is set to become simpler for resident buyers from October 1, 2026, as the income tax system removes a separate compliance requirement for certain transactions.
52% of FD Investors Explore Alternative Investments in 2026 Survey
Fixed deposits remain a popular savings option in India, but investor behaviour appears to be shifting as more people explore alternative investments for a portion of their money. A 2026 online survey by alternative investment platform Per Annum, covering 10,000 investors with current or past exposure to fixed deposits and the stock market, found that 52% had moved part of their FD corpus into alternative investments.
Govt Cuts Edible Oil Import Duties Amid Rising Cooking Oil Prices
The government has reduced import duties on several crude and refined edible oils in an effort to contain rising cooking oil prices ahead of the festive season. The changes cover palm, soybean and sunflower oils and are expected to reduce import costs for the industry. The basic customs duty on crude soybean oil and crude palm oil has been lowered to 5% from 10%.
Tata Sons Plans AGM Within a Month Amid Tata Trust Quorum Dispute
Tata Sons is preparing to convene its annual general meeting (AGM) within the next month, but continuing restrictions on the Sir Ratan Tata Trust (SRTT) could again create a quorum problem. The meeting is expected to consider pending matters including N Chandrasekaran’s reappointment as a director. The previous AGM, scheduled for August 18, was adjourned after the required quorum was not available.
PB Fintech Shares Crash 30% After IRDAI Commission Proposal
Shares of PB Fintech, the parent company of Policybazaar, plunged nearly 30% on Thursday as investors reacted to proposed changes by the Insurance Regulatory and Development Authority of India (IRDAI) covering insurance distribution commissions and payouts. PB Fintech shares were trading at Rs 1,320.10 around 12:57 pm, down 30.02% from Wednesday’s close of Rs 1,886.30.
NSE Shares Rise 5% After Listing at Rs 1,800 on BSE
National Stock Exchange of India (NSE) shares made their stock market debut on Thursday at Rs 1,800 on the BSE, marking a 0.84% premium over the IPO issue price of Rs 1,785. The stock gained further during the session, touching a high of Rs 1,878, or about 5.2% above the issue price.
Subhash Chandra Challenges NCLT Asset Curbs in Rs 6.25-Crore Repayment Case
Zee Group founder Subhash Chandra has approached the National Company Law Appellate Tribunal (NCLAT) challenging an NCLT order that restrained him from selling or transferring his assets in connection with his personal insolvency proceedings. A three-member NCLAT bench took up the appeal and directed Chandra to provide copies of the petition to creditors who had participated in the NCLT proceedings.
Bank Strike September 28-30: Services Affected and What Customers Should Do
Bank customers may face disruption to branch-based services from September 28 to 30 as the United Forum of Bank Unions (UFBU) plans a nationwide strike over the demand for a five-day working week. The government urged unions to defer the strike after a September 22 conciliation meeting, but the UFBU said the protest would proceed.
Paramount Clears Major Legal Hurdle in $110 Billion Warner Bros Deal
Paramount Skydance has reached settlements with a coalition of 12 US states and the Writers Guild of America, removing a major legal obstacle to its proposed acquisition of Warner Bros Discovery. The transaction, valued at about $110 billion including debt, still requires final judicial approval.
NSE IPO Allotment Status, Listing Date and Expected Price
The NSE IPO allotment is scheduled to be finalised on September 22, 2026, after the Rs 22,561.57 crore issue received 5.71 times subscription during its three-day bidding window. The public offer, which ran from September 17 to September 21, comprised an offer for sale of 12.64 crore shares with a price band of Rs 1,700 to Rs 1,785 per share.
Noel Tata Proposes Tata Sons Restructuring as Alternative to RBI Listing
Tata Trusts Chairman Noel Tata has proposed exploring a restructuring of Tata Sons, including potentially splitting the holding company into multiple entities, as an alternative to a public listing to meet Reserve Bank of India requirements. The proposal was discussed at the Tata Sons board meeting on September 17, according to people familiar with the matter.
Saudi Arabia Boosts Gulf Oil Exports After Pipeline Attack
Saudi Arabia has increased crude oil exports from terminals in the Gulf after attacks disrupted its East-West Pipeline and halted shipments through the Red Sea port of Yanbu. The shift indicates a partial recovery in Saudi oil flows, although key shipping routes remain exposed to regional tensions.
India-New Zealand FTA Takes Effect October 20 With Duty-Free Access
India and New Zealand’s free trade agreement, signed in April, is set to take effect on October 20, 2026. The pact is aimed at expanding bilateral trade, improving market access and encouraging investment between the two countries. Under the agreement, Indian goods will receive duty-free access to the New Zealand market.
Tata Sons Row: Mehli Mistry Objects to Trust Funds Paying Legal Costs
Mehli Mistry, a trustee of the Tata Education and Development Trust, has objected to the possibility of trust funds being used to cover legal expenses linked to the dispute between Tata Trusts and Tata Sons. In an email to Tata Trusts CEO Siddhartha Sharma, copied to Chairman Noel Tata and fellow trustee JN Mistry, he said TEDT should remain separate from the dispute.
Bitcoin Crosses $85,000: 3 Key Factors Behind the Crypto Rally
Bitcoin has climbed back above the $85,000 mark, extending a broader recovery across the cryptocurrency market. Bitcoin was trading around $85,093.42, up 5.71% over 24 hours, while Ethereum, XRP, Solana, Monero, Avalanche and Cardano also recorded gains. Dogecoin rose more than 10%. The latest rally has been supported by several factors.
India Targets 5 Chipmakers, 3 Materials Firms and 1 Lakh Semiconductor Jobs
India is targeting a semiconductor ecosystem featuring at least five large chip manufacturers, three major materials companies and two advanced packaging facilities, with the sector expected to create more than one lakh direct and indirect jobs, Union Minister Ashwini Vaishnaw said. The government’s semiconductor strategy goes beyond establishing fabrication plants and includes equipment, specialised materials, packaging, chip design and skilled talent.
N Chandrasekaran Reappointed Tata Sons Chair, Legal Questions Remain Over Third Term
N Chandrasekaran has been reappointed as Tata Sons chairman for another five-year term, but questions remain over whether the decision fully satisfies the company’s governance requirements. The board approved his continuation after a vote ended in a tie between Tata Trusts’ two nominee directors, Noel Tata and Venu Srinivasan. Independent director Harish Manwani, who chaired the meeting, used his casting vote in favour of Chandrasekaran.
Shapoor Mistry Backs Tata Sons Listing, Calls It a Social and Moral Imperative
Shapoorji Pallonji Group chairman Shapoorji Pallonji Mistry has backed a potential public listing of Tata Sons, calling it a “social and moral imperative” and welcoming the Reserve Bank of India’s decision requiring the holding company to comply with listing-related regulations. Tata Sons’ application to surrender its registration as an upper-layer NBFC was rejected by the RBI, leaving the company to pursue the prescribed regulatory route.
NSE IPO Opens Today as GMP Falls 43%: Key Details and Risks
The National Stock Exchange of India’s Rs 22,561.57 crore IPO opened for subscription on September 17, with investors closely watching the sharp decline in its grey market premium (GMP). The issue is entirely an offer for sale, meaning NSE itself will not receive proceeds from the offering. The price band is Rs 1,700–1,785 per share, with a lot size of eight shares.
Onion Prices Stay High Despite Rs 35 Government Sale: Here’s Why
Onion prices remain elevated across India despite the government selling buffer-stock onions at Rs 35 per kg. The all-India average retail price reached Rs 53.84 per kg on September 16, nearly 94% higher than Rs 27.71 a year earlier, while the average wholesale price stood at Rs 45.65.
Tata Sons Board Meet: RBI Ruling Puts Listing and Succession in Focus
The Tata Sons board is meeting in Mumbai on September 17 after the Reserve Bank of India rejected the company’s request to surrender its NBFC registration. The decision has brought the company’s potential stock-market listing back into focus while its chairman succession process remains unresolved.
India Rice Production May Fall 6.5% as Weak Rains Hit Yields
India’s rice production could decline by around 10 million metric tonnes this year as below-normal rainfall during the crop’s maturation period reduces yields, industry officials said. The estimated fall would be about 6.5% from last year’s record output of 154 million tonnes and could represent the country’s sharpest production decline since the 2009-10 drought.
Government Cuts Windfall Tax on Petrol, Diesel and ATF Exports
The government has reduced windfall tax rates on exports of petrol, diesel and aviation turbine fuel (ATF), with the revised levies taking effect from September 16. The changes come as global oil prices remain volatile amid disruptions and tensions in the Middle East.
Apple Faces CCPA Probe Over iOS 18 Issues, Warranty Terms
Apple is facing a detailed investigation by India’s Central Consumer Protection Authority (CCPA) over complaints that its iOS 18 update caused issues including green, pink or white lines on iPhone displays and microphone malfunctions. The regulator is also examining Apple’s software warranty terms and whether consumers were unfairly charged for repairs allegedly linked to the update.
LNG Demand in India, China and Pakistan May Rebound as Prices Ease
LNG demand in China, India and Pakistan could recover from multi-year lows once Middle East supply disruptions ease and prices become more affordable. The conflict has restricted LNG shipments from Qatar and the UAE through the Strait of Hormuz, pushing Asian spot LNG prices close to $30 per MMBtu from around $10 before the war.
India Unemployment Rate Falls to 5% in August as Rural Jobs Improve
India’s unemployment rate for people aged 15 years and above declined marginally to 5% in August from 5.1% in July, according to the latest Periodic Labour Force Survey data. The improvement was driven largely by rural areas, where unemployment fell to 4.1% from 4.5%, the lowest level recorded since January 2026. Urban unemployment, however, edged up to 6.8% in August from 6.7% in July.
New UPI Charges From October 15: 0.4% MDR on Payments Above Rs 2,000
A new Merchant Discount Rate (MDR) framework for some UPI transactions will take effect from October 15, but consumers will not be charged directly. For direct UPI payments to merchants above Rs 2,000, an MDR of 0.4% will apply, with the merchant paying the acquiring bank. The charge will be capped at Rs 300 for transactions of Rs 75,000 or more.
Hero Motors IPO Opens at Rs 84: GMP, Financials and Key Risks
Hero Motors’ Rs 1,000 crore IPO opened for subscription on September 16 and will remain available until September 18. The shares are expected to list on the NSE and BSE on September 23. The price band is set at Rs 79-84 per share, with a lot size of 178 shares, requiring Rs 14,952 at the upper price band for one retail lot.
HCLTech, Infosys, TCS Rise Up to 7%: Why Are IT Stocks Rallying?
Indian IT stocks rallied sharply in early trade on Tuesday, with the Nifty IT index gaining 4.79 per cent as investor concerns over the pace and immediate impact of artificial intelligence on traditional technology services appeared to ease. Among the major stocks, HCLTech rose 6.75 per cent, Infosys gained 5.61 per cent, Tech Mahindra advanced 5.52 per cent and TCS climbed 5.30 per cent.
HDFC Bank Shares Rise 2%: Why Is the Stock Rallying Today?
HDFC Bank shares gained more than 2 per cent in early trading on Tuesday after the lender advanced its leadership succession process by submitting two candidates to the Reserve Bank of India for approval as the next managing director and CEO. At 9:27 am, the stock was trading at Rs 724.40, up 2.32 per cent, making it one of the stronger performers on the Sensex.
UPI Charges: No Fees on Payments Up to Rs 2,000, Says Government
The government has barred banks and payment system providers from directly or indirectly charging users for UPI transactions of up to Rs 2,000 and payments made through RuPay-powered debit cards. A Finance Ministry notification has formally identified these electronic payment modes as protected from charges.
China Dominates BRICS Economy, But India Grew Faster Over the Past Five Years
China continues to account for the largest share of BRICS’ economic strength, but India has recorded faster growth over the past five years, according to an analysis of aggregate gross national income. The analysis shows that BRICS’ share of global income increased from 21.9% in 2011 to 28.9% in 2025. However, excluding China, the combined share of the bloc’s other 10 members declined from 11.9% to 11.5%.
Anand Mahindra Praises IISc Scientists Working on High-Speed Flight and Aerospace Research
Two scientists from the Indian Institute of Science (IISc), Bengaluru, have attracted attention for their research into high-speed flight, fluid dynamics, combustion and propulsion. Associate Professor Duvvuri Subrahmanyam and Assistant Professor Pratikash Panda are working on areas of aerospace science that could contribute to the development of future flight technologies in India.
Bank FD vs Post Office Deposit: Which Offers Better Interest in 2026?
Investors comparing fixed deposits often focus on the interest rate, but the better return does not always mean the better investment. A comparison between a Post Office Time Deposit, SBI fixed deposit and the Senior Citizens Savings Scheme highlights the trade-off between returns, tenure and access to money. For the quarter ending September 30, 2026, the Post Office offers 6.90% annual interest on its one-year Time Deposit.
Bank Strike Today: Why Bank Employees Are Protesting and When More Strikes May Happen
Banking operations, especially across public sector banks, were disrupted nationwide on Friday as employees and officers participated in a one-day strike called by the United Forum of Bank Unions (UFBU). The September 11 strike is part of an escalating dispute between bank unions and authorities over several long-pending demands.
NSE IPO to Open on September 17: Price Band, GMP, Dates and Key Details
The National Stock Exchange (NSE) is set to open its much-awaited initial public offering (IPO) on September 17, nearly a decade after the exchange first began exploring a public listing. The issue will be an offer for sale, meaning existing shareholders will sell their holdings while NSE itself will not receive fresh capital from the IPO.
BRICS Economic Power and Global Chokepoint Risks: Why Energy Security Matters
The BRICS bloc is gaining greater economic significance as its member countries account for a substantial share of global economic output when measured in purchasing power parity terms. At the same time, discussions around the grouping are increasingly focused on challenges involving innovation, financing and dependence on critical minerals. The changing global economic environment has highlighted the vulnerabilities facing international supply chains.
India-Russia Ties: $100 Billion Trade Target, Maritime Security and BRICS
India and Russia are continuing to deepen their bilateral partnership across several strategic sectors, including energy, nuclear power, trade and space technology. The two countries have also set an ambitious target of taking bilateral trade to $100 billion by 2030. Ahead of the BRICS Summit, discussions between the two sides are focusing not only on economic cooperation but also on important geopolitical and maritime security concerns.
Sebi Proposes New Rules on Who Can Serve on Stock Exchange Boards
The Securities and Exchange Board of India (Sebi) has proposed changes to eligibility rules for directors on the boards of stock exchanges and other key market infrastructure institutions, including clearing corporations and depositories. The regulator said the existing restrictions can sometimes make it difficult for these institutions to identify suitable and experienced professionals for board positions.