Business

September 16, 2026 12:47 PM

New Zealand Parliament clears FTA with India

New Zealand's Parliament on Wednesday approved the India-New Zealand Free Trade Agreement (FTA), with lawmakers voting 93-29 in favour of the legislation, taking the bilateral trade pact closer to implementation. New Zealand Prime Minister Christopher Luxon welcomed the parliamentary approval in a ...

September 16, 2026 10:33 AM

Sensex, Nifty rebound in early trade after previous session’s sell-off

Market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday on value buying after falling sharply in the previous session. Although, elevated oil prices, caution ahead of the US Federal Reserve's policy decision and foreign fund outflows capped the rally in the markets. The 30-...

September 16, 2026 8:26 AM

Asian markets make nervous start ahead of Fed decision

Stocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day. MSCI's broadest index of Asia-Pacific shares outside Japan fluctuated between gains and losse...

September 16, 2026 12:49 AM

MDR Framework to Support Long-Term Sustainability of UPI Ecosystem: RBI

The Reserve Bank of India (RBI) on Tuesday said the introduction of a Merchant Discount Rate (MDR) on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India's digital payments ecosystem. In a statement, the central bank said an appropriate dist...

September 15, 2026 9:05 PM

UPI to Remain Free for P2P Transactions, 96% of Merchant Payments

The Unified Payments Interface (UPI) will continue to remain completely free for all person-to-person transactions, irrespective of the amount transferred, under the new UPI framework, the government said on Tuesday. The framework will also keep merchant payments up to ₹2,000 free of Merchant Dis...

September 15, 2026 8:27 PM

India hosts World Circular Economy Forum 2026 in Gandhinagar

Union Environment Minister Bhupender Yadav and Gujarat Chief Minister Bhupendrabhai Patel on Tuesday inaugurated the World Circular Economy Forum (WCEF) 2026 in Gandhinagar, bringing together policymakers, industry leaders, innovators and researchers from across the world to advance practical soluti...

September 15, 2026 4:39 PM

Sensex, Nifty tumble as surging oil prices fuel rate hike fears

Benchmark Sensex tanked 778 points while the broader stock index Nifty closed at a five-month low on Tuesday amid surging oil prices, geopolitical tensions and weak trends in global markets. The 30-share BSE Sensex tumbled 777.94 points, or 1.04 per cent, to settle at a three-month low of 74,003.82...

September 15, 2026 3:38 PM

Passenger vehicle sales rise 36.5% in August, two-wheelers up 10.5%: SIAM

India produced over 31.57 lakh vehicles in August 2026, with domestic sales of passenger vehicles rising 36.5% year-on-year to 4,39,309 units, while two-wheeler sales crossed 20.34 lakh units, according to data released by the Society of Indian Automobile Manufacturers (SIAM). Domestic vehicle sale...