Public sector banks and regional rural banks will remain operational on Sunday, September 27, 2026, ahead of a proposed three-day nationwide bank strike scheduled from September 28 to 30. The decision has been taken to reduce inconvenience for customers as the strike coincides with the weekend and the half-yearly closing of banks. The banking sector...
Piyush Desai, Chairman of the Wagh Bakri Tea Group and a prominent figure in India’s tea industry, passed away in Ahmedabad on Wednesday, September 16, 2026. His death marks the loss of one of the key business leaders associated with the growth and modern expansion of one of India’s best-known tea brands. Desai was widely...
Entrepreneur and former BharatPe co-founder Ashneer Grover has questioned the proposed merchant fee on certain high-value UPI transactions, arguing that costs introduced into the payment ecosystem could eventually affect consumers. Grover’s remarks came after the government clarified that the proposed Merchant Discount Rate (MDR) would apply to certain merchant transactions above ₹2,000, while person-to-person UPI...
India’s merchandise exports registered a strong increase in August 2026, rising by more than 26% compared with the same month last year. The sharp rise in exports, combined with a comparatively slower increase in imports, helped narrow the country’s merchandise trade deficit during the month. Merchandise exports climbed to approximately $43.81 billion in August, compared...
India’s stock markets are closed on Monday, September 14, 2026, in observance of Ganesh Chaturthi. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have declared the day a full trading holiday, meaning investors will not be able to conduct regular equity transactions during the day. Trading activity on both exchanges will resume on...
India has called on BRICS member and partner countries to strengthen economic cooperation by promoting trade in local currencies, linking payment systems and building more resilient supply chains amid growing global economic uncertainty. External Affairs Minister S. Jaishankar, addressing the BRICS Business Forum in New Delhi, said the grouping needs greater economic resilience while remaining...
Indian equity markets staged a strong recovery in early trade on Thursday, September 3, after declining for three consecutive sessions. Buying in major banking and financial stocks, along with improved global market sentiment and easing US bond yields, helped lift the benchmark indices. The 30-share BSE Sensex gained 334.16 points, or 0.44%, to reach 76,904.51...
India’s energy trade with the United States underwent a significant shift during the first quarter of financial year 2026-27, with imports of petroleum products, led largely by liquefied petroleum gas (LPG), registering a sharp increase even as purchases of American crude oil declined substantially. Government trade data showed that India’s imports of petroleum products from...
Uttar Pradesh has asserted that it has sufficient sugar stocks to help meet India’s consumption requirements for nearly two months, even as a sharp increase in sugar prices has triggered concerns about supply availability across the country. The state, India’s largest producer of sugarcane and the country’s second-largest sugar producer after Maharashtra, maintains that there...
Asian stock markets traded mixed on Tuesday as investors assessed the latest escalation in US economic pressure on Iran, while oil prices remained relatively stable after a sharp decline in the previous session. Market participants were also looking ahead to several potentially significant economic and corporate developments in the United States later this week. The...