Business

September 21, 2026 10:51 PM

Core sector output grows 4.8% in August 2026

The Index of Core Industries (ICI) grew by 4.8 per cent year-on-year in August 2026, according to provisional estimates released by the Ministry of Statistics and Programme Implementation. The growth was slightly lower than the 5.0 per cent recorded in July 2026, after the final July index was revi...

September 21, 2026 10:03 PM

RBI sells Rs 25,000 crore government securities through OMO to manage liquidity

The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore worth of government securities through an Open Market Operation (OMO) auction as the central bank continued its liquidity management operations amid large foreign currency inflows, including those through Foreign Currency Non-Resident (B...

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 ...