Congress Legislature Party leader Debabrata Saikia reminded the PM of the BJP’s poll promise to increase plantation labour wages and grant Scheduled Tribe status to “tea tribes”

The IT Minister said that discussions with banks and industry players had been conducted after the Promotion and Regulation of Online Gaming Act, 2025 was passed in Parliament last month, and that it would be implemented on October 1.

500 AI data labs will be set up across the country, IT Minister Ashwini Vaishnaw announced on Thursday. The Minister also announced more firms that would receive GPU support to train AI models under the IndiaAI Mission.

American Express has raised the annual fee for its Platinum credit card to $895, effective December 2025 and January 2026. New perks include dining credits, health-related expenses, and increased hotel credits, while existing benefits will continue or improve.

GK Energy raised ₹139 crore from anchor investors, including HSBC, Citi, and Motilal Oswal, ahead of its ₹464 crore IPO opening September 19. Strong institutional interest and robust FY25 growth fuel optimism, despite subsidy-dependence risks.

Sebi dismissed allegations that Adani Group used Adicorp to route funds in violation of related-party norms. The regulator found no evidence of wrongdoing, closing two cases tied to Hindenburg’s 2023 report.

Indian indices extended gains on Thursday, led by IT and pharma stocks, with Nifty supported by dovish Fed cues. Analysts recommend buy-on-dips with stock picks including KFin Technologies, Ashok Leyland, Axis Bank, and Dr Reddy’s Laboratories.

SEBI has closed its probe into Adani Group after over two years, rejecting Hindenburg’s allegations. Gautam Adani hailed the move as vindication, stressing transparency, integrity, and the group’s efforts to rebuild investor confidence since the 2023 rout.

Personal loans: There have been several incidents in which gullible customers were caught unaware as their accounts were misused to raise loans in their name.

Pine Labs plans to raise up to $700 million via IPO in October, scaling down from $1 billion earlier. Backed by Mastercard and PayPal, the fintech firm eyes India’s digitization-driven boom despite reporting losses in FY24.

To make planning even easier, one can use personal loan EMI calculator that enables borrowers to estimate their monthly instalments well in advance.

The market valuation of Eternal Ltd, which owns the Zomato and Blinkit brands, surged to Rs 3.26 lakh crore on Thursday following a rally in its stock price, with the company racing ahead of firms like Hindustan Aeronautics, Titan, Avenue Supermarts and Adani Ports in the market capitalisation chart.

Intel shares soared over 30% in pre-market trade after announcing a $5 billion investment from Nvidia and a landmark collaboration to co-develop custom data center CPUs and x86 RTX SOCs for PCs, integrating NVIDIA’s AI and Intel’s CPU strengths.

Capital markets regulator Sebi found that allegations against Adani Group could not be established in the Hindenburg case. Hence, there is no question of devolvement of any liability on the group and also there is no penalty, the regulator said in an order.

Capital markets regulator Sebi found that allegations against Adani Group could not be established in the Hindenburg case. Hence, there is no question of devolvement of any liability on the group and also there is no penalty, the regulator said in an order.

Sensex closed at 83,013, gaining 320 points on Thursday, as six BSE 200 stocks including Maruti Suzuki, Hyundai, Cummins India, Ashok Leyland, JSW Steel, and Eternal hit fresh 52-week highs, reflecting bullish market momentum and strong investor sentiment.

The U.S. Federal Reserve cut rates by 25 bps, sparking global debate. Chair Powell signaled a “less restrictive” stance, balancing weak labor data, inflation risks, and resilient growth. Analysts see potential easing, volatility, and opportunities in equities, including India and emerging markets.

Andrew Ferris, CEO of Ecognosis Advisory, criticised the Fed’s recent rate cut, warning it may fuel inflation without boosting jobs. He highlighted muted market reaction, ineffective labour impact, and incoherent US tariff policies discouraging investment.

Jaykay Enterprises surged 20% after subsidiary Allen Reinforced Plastics secured a Rs 94.45 crore order from BrahMos Aerospace for composite parts. The diversified group also advanced in healthcare with a CSIO technology transfer for 3D-printed orthopedic implants. Shares closed 14.5% higher, marking 100% gains in a year.

The last date to migrate from NPS to UPS is 30 September for those employees who joined their service on or after 1 April 2025

During its 56th meeting on September 3, the GST Council had decided that the GSTAT would be made operational for accepting appeals before the end of September and would begin its hearings before the end of December this year

Securities and Exchange Board clears conglomerate of fraud allegations included in 2023 report by US short seller

The 30-share BSE Sensex rallied 320.25 points or 0.39% to settle at 83,013.96

The rupee remained under pressure on worries over U.S. tariffs on India and global trade uncertainties.

India’s equity market gains momentum ahead of Diwali, driven by GST cuts, policy shifts, and sectoral trends. Ajay Srivastava highlights opportunities in autos, engineering, healthcare, and new-age firms, while cautioning against high-PE smallcaps, consumer durables, and traditional banks. Growth, differentiation, and tech-driven businesses are key for long-term alpha creation.

The Bank of England maintains interest rates at 4%. Inflation in the UK remains almost double the target. Figures show inflation held steady at 3.8% in August. The bank has been gradually cutting rates since August 2024. Another rate cut is possible in November. Economists are divided due to persistent inflation and wage increases. The situation is complex.

The Chief Economic Adviser said that conversations are going on between India and U.S. governments underneath the surface

Deutsche Bank projects gold could hit USD 4,000/oz by 2026, citing supportive macro factors, Fed easing, strong official demand, and weaker dollar, while cautioning on equities, seasonal trends, and US macro improvements.

Deccan Gold Mines Ltd (DGML) shares surged 11% to Rs 137 after reports that India’s first large private gold mine in Andhra Pradesh could begin full-scale production sooner than expected. The Jonnagiri project will add up to 1,000 kg of gold annually, reducing India’s import dependence.

The Bombayite on the sights, squash courts and splendour of India’s largest city

Indian equities closed higher on Wednesday, with the Sensex and Nifty extending gains for a third straight session after the U.S. Federal Reserve trimmed interest rates by 0.25% to support its labour market.

India’s defence technology sector is poised for rapid growth, driven by government indigenisation and private sector participation. Experts predict 2–3 companies could reach $500 billion market caps in 5–8 years, supported by collaborations, JVs, and exports. Defence may become a core revenue driver, reshaping India’s corporate landscape.

Most banks – private and government – offer highest interest rate on fixed deposits in the range of 6-7 percent for a tenure between 2-3 years.

YES Securities initiated coverage on Waaree Energies and Premier Energies with “Buy” ratings, citing India’s solar boom. Waaree’s larger scale, global expansion, and strong order book give it an edge, while Premier focuses on domestic growth and integration.

SEBI Chairperson Tuhin Kanta Pandey highlights challenges and potential of municipal bonds in India, emphasising asset monetisation and development of REITs and InvITs

SEBI Chairperson Tuhin Kanta Pandey highlights challenges and potential of municipal bonds in India, emphasising asset monetisation and development of REITs and InvITs

Chomping at the BITs

Nifty’s sharp 800-point rally has taken it close to 25,500, but experts warn of limited upside at current levels. Rahul Sharma advises profit booking, expects a short-term dip, and highlights Jio Finance and IIFL Finance as strong stock picks.

Boosting your credit score above 750 requires timely EMI payments, low credit utilisation, error-free reports, and balanced loan applications, helping borrowers secure premium credit cards and affordable loans with ease.

Retail investors can they keep their investment process boring. Choose a few good funds, invest regularly regardless of market conditions, and largely ignore the endless stream of market commentary and product launches.

Retail investors can they keep their investment process boring. Choose a few good funds, invest regularly regardless of market conditions, and largely ignore the endless stream of market commentary and product launches.

A term insurance is a ‘must-have’ if you have financial obligations or dependents. Take term insurance when you are young and get a cover that is 10 times your annual income

Ace investor Mukul Mahavir Agarwal has picked up more than 5 lakh shares amounting to Rs 100 crore in midcap multibagger stock Tega Industries following the company’s latest fundraise.

The IndiGo IDFC FIRST Bank Credit Card is a good choice for frequent IndiGo flyers to accumulate and redeem BluChips and BluChips vouchers against IndiGo flights.

For many professionals, turning 50 doesn’t mean a countdown to retirement. They see decades of work still ahead. After all, financial juggling intensifies in the 50s, when responsibilities peak and retirement looms. Sudden disruptions like layoffs can derail even the most carefully-laid plans. 

SMC Global Securities will meet on September 24, 2025, to discuss its first-ever bonus equity share proposal by capitalizing reserves. If approved, existing shareholders will receive additional shares, enhancing liquidity and rewarding investors. Trading restrictions apply from September 18–26 as per insider policies. This move strengthens capital structure without cash outflow.

Nirmala Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget

The stock trades at a rich 310x P/E, making it one of India’s costliest. Analysts advise caution, citing modest profit margins and high debt, recommending investors track performance post-listing before taking fresh positions. Revenue has grown from Rs 69.9 crore in FY23 to Rs 158.9 crore in FY25, with healthy EBITDA margins above 50% and PAT at Rs 1.8 crore.

Personal loans are no longer limited to debt consolidation, with borrowers now using them for skills, health, eco-friendly upgrades, entrepreneurship, and remote work, supported by fast digital approvals and flexibility.

KPI Green Energy successfully listed its ₹670 crore green bond on the NSE, boosting sustainable finance in India. The five-year bond, with an 8.50% coupon rate, is backed by a GuarantCo guarantee, enabling AA+ ratings and attracting institutional investors. Proceeds will fund renewable energy projects, benefiting 210,000 people and reducing emissions by 344,000 tonnes annually.

Indian government bond yields are poised for a slight dip following hints from the U.S. Federal Reserve about potential rate cuts in 2025. However, hawkish remarks from Fed Chair Jerome Powell may limit this decline. Traders anticipate the 10-year benchmark note to fluctuate between 6.45% and 6.50%.

Indian stock market saw significant insider selling in 2025. Promoters and major shareholders sold shares worth Rs 25,500 crore. They bought only Rs 3,860 crore worth of shares. This resulted in net selling of Rs 21,600 crore. Bajaj Finserv led the selling. Jindal Steel Power topped the buying. September also saw notable insider selling in several companies.

Indian markets show strength, driven by robust domestic factors. Financials, metals, and defence sectors attract investor attention. Rahul Shah of MOFSL highlights opportunities in banking, NBFCs, and HFCs. HDFC, ICICI, and SBI are expected to perform well. Dixon Technologies shows promise in manufacturing. Bharat Dynamics and BEL are key defence stocks to watch. Investors focus on structural growth amid volatility.

Seshasai Technologies IPO: The firm has set a price band of ₹402–423 per share, targeting to raise ₹813 crore (₹480 crore fresh issue + ₹333 crore OFS). Anchor bidding opens Sept 22; subscription runs Sept 23–25, 2025.

Seshaasai Technologies IPO: The firm has set a price band of ₹402–423 per share, targeting to raise ₹813 crore (₹480 crore fresh issue + ₹333 crore OFS). Anchor bidding opens Sept 22; subscription runs Sept 23–25, 2025.

The survey of industry leaders across nine countries revealed concerns about the security of their data storage options

The National Highway Traffic Safety Administration said the preliminary probe is focused on 2021 Tesla Model Ys

iValue Infosolutions IPO opened with 8% subscription on Day 1, supported by 15% retail participation, though institutional bids are yet to flow. The Rs 560 crore offer-for-sale is priced at Rs 284–299 per share. Grey market premium at 7% suggests modest listing gains. Analysts recommend subscribing, citing strong OEM partnerships and growth outlook.

The move signals a tactical shift by Beijing, redirecting regulatory focus to Nvidia as leverage in the U.S.-China trade talks

Silver prices weakened too. The white metal futures for December delivery slipped ₹604 or 0.48% to ₹1,26,380 per kilogram, while the March next year contract fell ₹630 or 0.49% to ₹1,27,985 per kg

China’s central bank has decided to keep its key interest rate unchanged, even after the U.S. Federal Reserve cut rates.

Platinum is emerging as a top performer in 2025, with prices soaring nearly 57% year-to-date. A significant market deficit, driven by declining mine output in South Africa and robust demand from the automotive and jewelry sectors, fuels this rally. Chinese and Indian buyers are increasingly favoring platinum over gold, further boosting demand.

Bitcoin rallied nearly 1% to $117,484 as the crypto market digested the US Fed’s 25-basis-point rate cut. Ethereum and XRP also gained, while BTC tested resistance at $117,800, signaling potential upside toward $120,000 amid cautious trading and sector-specific optimism.

Market expert Vinay Jaising highlights NBFCs and capex-driven infrastructure stocks as key investment opportunities, advising selective exposure to metals and caution on private banks. He emphasises sectors poised to benefit from government spending, festive season demand, and structural growth in lending and capital markets.

The Fed cut rates by 0.25%, its first in nine months, citing inflation and weak jobs. The move impacts mortgages, savings, credit cards, and loans, with gradual consumer relief expected.

Tight competition

Euro Pratik Sales IPO: The grey market premium on Euro Pratik Sales IPO has fallen further, easing to 0.4% above the ₹247 issue price, down from 2.5% on Day 2.

Dreamfolks Services shares hit a 5% lower circuit for the second consecutive after the company exited the domestic airport lounges business. The move follows recent contract terminations and signals potential impact on operations and financial performance.

Hyundai Motor India’s shares hit a record, rising 2.3% to Rs 2,711.10 on the NSE, after signing a three-year wage settlement with the United Union of Hyundai Employees (UUHE). The agreement, covering April 2024 to March 2027, includes what the company calls an “industry-best” salary hike of Rs 31,000 per month, phased in over three years in a 55:25:20 ratio.

Infosys, LTIMindtree, and other Indian IT stocks rose up to 3%, driven by expectations of two additional US Fed rate cuts in 2025. On Wednesday, the Federal Reserve cut its benchmark policy rate by 25 basis points to 4%-4.25%, starting a monetary easing cycle to support a slowing labour market amid elevated inflation.

Prateek Agarwal sees Indian markets balancing tariff uncertainty and GST cuts, with growth-focused sectors like EVs, renewables, defence, and manufacturing offering strong potential. Positive sentiment and resilient domestic flows support cautious optimism

From the Sensex firms, Infosys, HCL Tech, Tech Mahindra, HDFC Bank, Sun Pharma and Tata Motors were among the major gainers.

The VMS TMT IPO is a fresh issue of 1.5 crore equity shares, targeting to raise up to Rs 148.5 crore at the top end of its price band. Retail investors can apply for a minimum of 150 shares, with additional bids in multiples, making the minimum investment Rs 14,850 at the highest price.

The US Fed cut rates by 25 bps, starting its first easing cycle of the year to support a slowing labour market. Markets expect multiple cuts through 2025–26, though the outlook hinges on inflation and growth—raising questions for Indian equities.

Shares of Biocon Ltd rose 2% to Rs 361.25 on the BSE after its subsidiary, Biocon Biologics, received U.S. FDA approval for two denosumab biosimilars, Bosaya and Aukelso. The regulator also granted provisional interchangeability for both drugs, allowing pharmacy-level substitution, which could support broader market adoption and strengthen Biocon’s position in the biosimilars segment.

At the interbank foreign exchange market, the rupee opened at 87.93, then lost ground and touched an early low of 88.01 against the U.S. dollar, registering a decline of 16 paise over its previous close.

Poonawalla Fincorp shares, Poonawalla Fincorp preferential allotment, Rising Sun Holdings, Poonawalla Fincorp 52-week high, Poonawalla Fincorp promoter stake, Poonawalla Fincorp news, Financial stocks

The rupee weakened to 88.01 against the US dollar following a US FED rate cut and its indication of further lowering borrowing costs. While the dollar index rose, Brent crude oil prices slightly decreased. Indian equity markets saw gains, but foreign institutional investors were net sellers.

Gold prices dipped Rs 500 as the Fed’s rate cut and dollar rebound triggered volatility. Experts expect choppy trade in gold and silver, with key support and resistance levels guiding short-term strategy.

The primary market anticipates a flurry of activity. Sixteen initial public offerings are scheduled to open between September 19 and September 26. Some issues have garnered significant grey market interest. Jinkushal Industries IPO currently enjoys the highest grey market premium. Other IPOs, including Ganesh Consumer Products and Atlanta Electricals, are yet to gain traction.

Sworn in just before the meeting, Miran quickly made his mark by casting the only vote for a 50-basis-point cut.

The AI startup provides artificial intelligence search tools that deliver information summaries to users

Dixon Technologies is set to acquire a 51% stake in Kunshan Q Tech Microelectronics for Rs 552.99 crore, enhancing its presence in camera and fingerprint modules for mobile, IoT, and automotive sectors. The deal, funded through cash, aims to boost backward integration and supply chain control, pending regulatory approvals and expected to close within 90 days.

Amazon is lowering the cost of its entry-level health care plan to $5 per week and $5 for co-pays

Applicants can now get a credit card without a bank account through NBFCs and fintechs, with flexible repayments, simple eligibility, digital bill payment options, and opportunities to build a strong credit score.

Cochin Shipyard shares are set to be in focus on Thursday after the company secured a Rs 200-crore order from ONGC for dry dock and major lay-up repairs of a jack-up rig. Signed on September 17, the 12-month contract strengthens CSL’s position in offshore engineering and reinforces its role as a key partner for PSU oil and gas projects.

Anand Rathi Share and Stock Brokers has set its IPO price band at Rs 393–414 per share for a Rs 745 crore fresh issue, opening September 23. Proceeds will fund working capital and corporate needs, with shares to list on NSE and BSE.

The accused, identified as Rajendra Lodha, worked as a director of Lodha Developers Ltd from September 2013 to August 18, 2025

A temporary total disability claim under a personal accident policy provides financial support when an earning member is temporarily unable to work due to an accident-related injury.

Kailash Kulkarni, CEO of HSBC Mutual Fund, advises balancing SIPs with lump-sum investments for a secure retirement. He highlights common SIP mistakes, emphasizing the importance of aligning investments with financial goals and diversifying across asset classes. Kulkarni also suggests balancing mutual funds with NPS and utilizing systematic withdrawal plans for retirees, noting the growing maturity of Indian mutual fund investors.

Digital real estate is democratizing property investment in India, allowing retail investors and NRIs to participate with smaller ticket sizes. Flexible ownership models and tech-enabled platforms are enhancing accessibility and transparency. Emerging growth corridors like Noida and Gurugram offer value, while GST rate rationalization on construction materials could reduce costs and boost housing affordability.

Eight NSE F&O stocks, including Marico, IEX, and Persistent Systems, saw a sharp rise in futures open interest on September 17, signaling increased market participation and potential buildup of fresh positions.

Yes Bank share price: State Bank of India has sold a 13.18% stake in Yes Bank to Japan’s SMBC, marking the largest cross-border banking divestment in India. SMBC aims to raise its holding to just under 25% and will nominate two directors to Yes Bank’s board.

Eight NSE largecap stocks, including Sun Pharma, Ambuja Cements, and BPCL, showed RSI trending up by crossing above 50, signaling strengthening momentum and potential upside opportunities for traders.

Ambuja Cements share price: The Delhi High Court has directed Ambuja Cements and JSW Cement to explore mediation in a trademark dispute over the use of “Kawach,” with Ambuja alleging infringement of its registered brand “Ambuja Kawach.” The next hearing is scheduled for October 15.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources.

Zydus Wellness shares will trade ex-split on exchanges. The face value reduces from Rs 10 to Rs 2. The record date is September 18, 2025. This split increases the number of shares. It also improves liquidity for retail investors. Post-split, shareholders get five shares for each share held. The adjusted stock price will reflect this change.

Kesar Enterprises shares will trade ex-split on September 18. The stock split ratio is 10:1. The face value reduces from Rs 10 to Rs 1. The record date is September 18, 2025. Shareholders on this date will get split shares. This corporate action increases share liquidity. Each shareholder gets ten shares for every one held.

Mazagon Dock Shipbuilders, NALCO, Bharat Dynamics, and MOIL will trade ex-dividend on Thursday, with Friday, September 19, 2025, as the record date. Investors must buy shares today to be eligible for dividends. Mazagon Dock offers Rs 2.71 per share, NALCO Rs 2.50, Bharat Dynamics Rs 0.65, and MOIL Rs 1.61.

Five Nifty500 stocks, including Maruti Suzuki, GE Vernova T&D India, and L&T Finance, hit a 5-year swing high on September 17, signalling bullish sentiment and potential upside mom

Tourism Finance Corp (TFCI) will trade ex-split on Friday, with today being the last chance for investors to buy the stock before the split. The company is splitting its shares in a 1:5 ratio to boost liquidity and make the stock more accessible to retail investors.

iValue Infosolutions IPO will open for subscription. The Rs 560 crore issue closes on September 22. The price band is Rs 284–299 per share. The company seeks a valuation of Rs 1,601 crore. The IPO allocates shares to QIBs, retail investors, and non-institutional investors. Shares are expected to list on NSE and BSE on September 26.

TechD Cybersecurity will finalize its share allotment soon. The IPO saw huge demand, subscribing 718 times. Investors can check their allotment status on Purva Sharegistry or NSE website. Shares will be credited to demat accounts by September 19. The stock will debut on NSE SME on September 22. Grey market signals a strong debut for the company.

Global stock markets showed stability after the Federal Reserve reduced interest rates. Investors remained cautious as the central bank signaled a measured approach to further easing. US equity futures saw gains, while Asian markets like Korea and Taiwan also rose. The Bank of England is expected to maintain rates. The Bank of Canada already cut its key policy rate.

Global stock markets showed stability after the Federal Reserve reduced interest rates. Investors remained cautious as the central bank signaled a measured approach to further easing. US equity futures saw gains, while Asian markets like Korea and Taiwan also rose. The Bank of England is expected to maintain rates. The Bank of Canada already cut its key policy rate.

Indian online used car vendors like CARS24, CarDekho, and Spinny are streamlining operations and divesting from secondary ventures to prepare for potential IPOs aiming to raise over $1 billion.

The Bank of England is likely to reduce the speed of its government bond sales. This decision comes amid bond market volatility. The central bank is expected to maintain its key interest rate. Economists predict a slower pace of quantitative tightening. The move is closely watched by financial markets. Analysts anticipate the Bank of England to hold rates steady.

Gold prices declined following a U.S. Federal Reserve rate cut, influenced by a stronger dollar and cautious signals regarding future policy easing. Despite hitting a record high, spot gold experienced a dip, while U.S. gold futures also slipped. Market sentiment remains mixed, with factors like geopolitical tensions and central bank buying still playing a role.

NaBFID is prioritizing bank loans over bond markets this year due to lower interest rates and significant borrower prepayments exceeding ₹10,000 crore. Banks are offering rates below 7%, making them more attractive than bond issuances. This shift in strategy follows repo rate cuts, enabling banks to provide cheaper financing.

The Nordic-EU standoff over logging highlights a structural challenge at the heart of European integration, concerned with designing frameworks that are effective at the EU level and feasible for different member states

The Indian rupee strengthened, surpassing the 88-mark against the dollar due to a weakening US dollar ahead of a Federal Reserve rate cut and optimism surrounding India-US trade negotiations. The rupee gained 24 paise, marking its largest intraday increase in nearly a month.

Indian stock indices closed higher on Wednesday, buoyed by expectations of a US Federal Reserve rate cut. Investors anticipate a 25-basis point reduction and are keenly awaiting commentary on future monetary policy. Easing foreign fund outflows and positive Fed signals could propel the Nifty towards new highs, with mid and small-cap indices also showing gains.

SEBI is planning to broaden institutional involvement in the commodity derivatives market by engaging with the government to permit banks, insurers, and pension funds to participate in trading. The regulator is also mulling over allowing foreign portfolio investors to trade in specific non-agricultural commodity derivative contracts.

FT correspondents spill the beans on their patches’ java scenes, from omakase-style epics in Tokyo and hip Parisian ‘néocafés’ to the relentless global march of matcha