Business

September 21, 2026 9:51 PM

World Bank, IMF back debt framework changes for poor countries

The World Bank and International Monetary Fund said on Monday that both their executive boards had approved proposed reforms of their joint framework for evaluating the debt of low-income countries to reflect a more complex and riskier environment. A joint review, the first since 2017, recommended ...

September 21, 2026 7:41 PM

RBI issues final directions on minimum capital requirements for market risk

Commercial banks will have until April 1, 2027, to implement the Reserve Bank of India's revised framework for minimum capital requirements for market risk, as the central bank issued its final directions on Monday. The Reserve Bank of India (Commercial Banks - Minimum Capital Requirements for Mark...

September 21, 2026 4:22 PM

India-New Zealand FTA to come into force on October 20: Piyush Goyal

India’s trade engagement with New Zealand and Canada is set for a fresh push, with the India-New Zealand Free Trade Agreement (FTA) scheduled to come into force on October 20, 2026, coinciding with Dussehra, while India and Canada have agreed to fast-track negotiations for a Comprehensive Economic...

September 21, 2026 9:56 AM

Sensex jumps over 400 points, Nifty holds above 23,360 as crude oil prices ease

Indian benchmark indices opened higher on Monday despite muted cues from GIFT Nifty, as easing oil prices supported sentiment, with the Sensex gaining over 400 points and the Nifty holding above 23,360. Sensex opened at 74,535.18 and was trading at around 74,718.49, up 423.53 points or 0.57% agains...

September 21, 2026 8:23 AM

Tech leads shares higher in Asia, oil eases

Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased as hopes Saudi Arabia could boost supplies offset news of a Houthi attack on Riyadh. Trade was thin with Japan on its Silver Week holiday through to Wednesday, leaving the dollar steady ...

September 19, 2026 2:03 PM

Nearly half of recognised startups based in Tier-2, Tier-3 cities: PM Modi

Prime Minister Narendra Modi on Saturday said India's startup ecosystem is no longer confined to major cities, with youth from villages, towns and smaller cities playing an increasingly important role in the country's new economy. Addressing the 20th Rozgar Mela after distributing more than 51,000 ...

September 19, 2026 1:13 PM

NLMC recommends monetisation proposals worth over ₹5,000 crore

The National Land Monetization Corporation Limited (NLMC) has recommended proposals involving assets worth more than ₹5,000 crore for monetisation as part of efforts to accelerate the utilisation of surplus land and building assets owned by Central Public Sector Enterprises and other government en...

September 18, 2026 8:59 PM

Warren Buffett steps down as Berkshire chairman, son Howard succeeds

Berkshire Hathaway BRKa.N said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel. The company named his son, Howard Buffett, a director since 1993, as...