S&P Global Ratings has affirmed India's sovereign credit rating at 'BBB' with a stable outlook, citing the country's dynamic and fast-growing economy, strong external balance sheet, and stable institutions that ensure policy predictability.
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
The Indian men's volleyball team secured its second consecutive victory at the Asian Games, defeating Hong Kong, China 3-0 in a Pool C preliminary round match.
India's nine key infrastructure sectors recorded a three-month low growth of 4.8 per cent in August, primarily due to reduced production in coal, natural gas, crude oil, and fertiliser, according to government data.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Institutional portion subscribed 12.68 times; retail crosses quota.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
Hanuman Ansh continues its phenomenal run at the box office, cementing its status as an all-time mega blockbuster, even as new releases Daayra and Vibe struggle.
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
Mahindra & Mahindra is contemplating another price increase across its SUV portfolio in response to recent commodity price surges, with a decision expected within the next two weeks, according to Nalinikanth Gollagunta, CEO Automotive Division, Mahindra Group.
Foreign portfolio investors (FPIs) turned net sellers in the first week of September, withdrawing Rs 7,443 crore from Indian equities, driven by rising crude oil prices, increasing US bond yields, and a strong dollar.
Indian benchmark equity indices, Sensex and Nifty, rebounded after a two-day losing streak, driven by strong buying in blue-chip IT stocks and positive global market cues, with the Sensex climbing 330.92 points.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
Indian benchmark indices, Sensex and Nifty, traded flat in early deals due to elevated crude oil prices exceeding USD 100 per barrel and persistent geopolitical tensions, which subdued investor risk appetite.
Citron, a brand under Stellantis, anticipates that three-fourths of its sales in India will originate from Tier-II, Tier-III, and smaller cities within the next five years, a significant increase from its current 55 per cent, as it expands its retail network beyond major urban centres.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio on the sidelines of the UN General Assembly session in New York. India raised its concerns regarding the recently signed "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorises tariffs on countries buying Russian oil and gas. Both leaders also discussed bilateral relations, regional priorities, and the situations in the Gulf and Ukraine.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
India's External Affairs Minister S Jaishankar, addressing the UN General Assembly, strongly criticised Pakistan for its support of terrorism, asserting India's right to self-defence and stating that friendship cannot coexist with terrorism. He also highlighted India's global responsibilities, contributions to the Global South, and its stance on reformed multilateralism and AI.
Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.
The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
Leading appliance and consumer electronics manufacturers are set to increase prices of air conditioners, LED TVs, washing machines, and other products by 5 to 8 per cent from October 1, citing rising input costs for metals like copper and steel, crude derivatives, and currency exchange volatility due to the West Asia crisis.
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.
The Asian Games' mixed martial arts competition features modified rules, including traditional uniforms and shin guards, to make the sport more palatable for potential Olympic inclusion. While intense, this version differs significantly from UFC fights. The sport faces challenges, including rival governing bodies vying for Olympic recognition, but FIMMA hopes the current format will appeal to IOC officials.
Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.
India's net direct tax collection has surged by 13 per cent to over Rs 12.12 lakh crore by September 17 in the current fiscal year, driven by a significant increase in advance tax payments from corporates, according to CBDT data.
Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.
India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.
'I don't really expect the August increase in food prices, which was close to 6 per cent, to persist as we go close to the end of this year.'
Non-banking financial companies (NBFCs) reported encouraging results for Q4FY26 with improved asset quality and earnings, but analysts maintain a cautious near-term outlook due to geopolitical tensions, monsoon risks, and specific portfolio concerns.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
The West Indies have announced their ODI and T20I squads for the upcoming series against India, with John Campbell returning to the ODI side and Kamil Pooran earning his maiden T20I call-up.
Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.
India's women's 10m air rifle team, comprising Sonam Uttam Maskar, Elavenil Valarivan, and Vidarsa Vinod, secured a silver medal at the Asian Games, marking the country's first medal in shooting. The trio finished second behind China, with Sonam and Elavenil also qualifying for the individual finals, raising hopes for more medals.
