Business

The discovery was made on September 18 at the MN-DW18-1-H-D well in the Mahanadi Offshore Basin. In a big breakthrough, Oil and Natural Gas Corp (ONGC) has discovered gas in a deepwater well off India’s eastern coast. The find is located close enough to Odisha and may potentially enable quicker development if further appraisal establishes … Read more

Finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman has backed the recently announced Merchant Discount Rate (MDR), saying that the mechanism will be imposed on operators and will not be passed on to customers. Addressing ongoing speculations around the charges, FM blamed the opposition for creating confusion and urged people to remain alert.Speaking to … Read more

Indian benchmark indices ended the previous session in green, with Nifty 50 rising 67.90 points, or 0.29%, to 23,414.30, while BSE Sensex gained 564.03 points, or 0.76%, to close at 74,858.99. Easing crude oil prices, lower bond yields and hopes of diplomatic engagement supported investor sentiment. Geojit Investments’ head of research Vinod Nair said that … Read more

Top stocks to buy today on September 22, 2026 Stock market recommendations: LIC Housing Finance, Supreme Industries, Hitachi Energy India, and Dr Reddy’s Laboratories – these are the top stocks to buy on September 22, 2026 as recommended by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan on September 8, 2026. Let’s take a … Read more

Oil prices remain above $100 per barrel Oil prices climbed back above the $100-a-barrel mark as tensions in the Middle East continued to intensify, keeping markets on edge. Brent crude rose 0.51% to $100.80 a barrel, while US West Texas Intermediate (WTI) gained 0.43% to $92.77, on Tuesday.The rise, however, was limited as traders weighed … Read more

BENGALURU: Online shopping is expanding beyond India’s biggest cities, but the value of those purchases remains concentrated in larger markets.Of more than 200 million orders processed in the last 12 months up to July this year, 57.2% originated outside the 96 largest cities, but these orders accounted for only 39.3% of total transaction value. Their … Read more

NEW DELHI: Microsoft’s new India South Central cloud region in Hyderabad is among its largest infrastructure investments in Asia, the company’s India and South Asia president Puneet Chandok said, as it expands capacity for cloud and AI services.The facility is part of Microsoft’s $20.5 billion investment commitment across Asia. Chandok did not disclose how much … Read more

NEW DELHI/MUMBAI: A year after GST rates were cut, automobile dispatches have continued to climb. Several two-wheeler users moved to four-wheelers as price cuts improved affordability, TV buyers have shifted towards larger sets and consumer goods volumes picked up in the Oct-Dec quarter, although they are now under pressure due to the West Asia crisis.Passenger … Read more

Starbucks plans Chennai GCC with 800 new jobs CHENNAI: US-based coffee chain Starbucks will set up a global capability centre (GCC) in Chennai. It will likely create 800 high-value jobs in the first phase.The new centre will add to Chennai’s growing GCC ecosystem, with companies using the city to build technology, business and other global … Read more

JP Morgan chairman & CEO Jamie Dimon MUMBAI: JP Morgan is the world’s most valuable bank, and its chairman and CEO Jamie Dimon is the longest serving chief of a large global bank. In an interview with TOI, Dimon speaks of what it takes to run America’s largest bank and his definition of success.You completed … Read more

The facility allows customers to move from one issuer bank to another according to their requirements. (Image from representative purpose only) Motorists will no longer need to remove and replace the FASTag affixed to their vehicle when they want to change the bank that issued it. Union minister Nitin Gadkari recently launched ‘OneTag’, a portability … Read more

India-New Zealand trade deal to come into force on Dussehra (representative image) The India-New Zealand Free Trade Agreement (FTA) will come into force on October 20, coinciding with Dussehra, commerce and industry minister Piyush Goyal said on Monday, with India securing duty-free access for 100 per cent of its exports to New Zealand.Goyal made the … Read more

The cash deposits prompted the department to examine whether the senior citizen had any income that had not been disclosed. (Image for representative purpose only) A retired school teacher from Mysore, Karnataka, found himself facing income tax reassessment proceedings after cash deposits totalling Rs 1.33 crore in his bank accounts were flagged under the Central … Read more

File photo: Members of United Forum of Bank Unions (UFBU) hold placards during the nationwide strike for various demands (ANI Photo) The finance ministry on Monday urged bank employees to refrain from resorting to strikes and resolve their remaining demands through dialogue, saying most concerns raised by unions had been substantially addressed.The appeal comes ahead … Read more

The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo) Did you know that US President Donald Trump has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers … Read more

The entire 508-km Mumbai-Ahmedabad High-Speed Rail corridor is scheduled to be completed by December 2030. Even as it builds the country’s first high-speed train set for the first time, Indian Railways has already set the ball rolling for another set of bullet trains that will run at 350 kmph.India is planning to develop and manufacture … Read more

NSE IPO closes strong after decade-long wait for stock market listing (representative image) The $2.3 billion initial public offering of the National Stock Exchange of India (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.The … Read more

India’s exports to China rise nearly 40% as electronics, engineering goods gain (representative image) India’s exports to China rose nearly 40% in the five months through August, with electronics and engineering goods emerging as key drivers, even as the bilateral trade relationship remains heavily tilted in Beijing’s favour, according to an analysis of government data … Read more

Petrol pumps to stop accepting UPI above Rs 2000. Petrol pump dealers in Madhya Pradesh have announced that they will stop accepting UPI payments above Rs 2,000 from October 16, citing the additional merchant charges under the new UPI Merchant Discount Rate (MDR) framework.The Madhya Pradesh Petroleum Dealers Association said fuel pump operators, who work … Read more

Gold enters the week with a cautious undertone as markets digest the Federal Reserve’s rate hike. Gold price prediction today: Gold price outlook has turned cautious and the upside momentum seems to have subsided for now, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Here’s what he has to say:Gold … Read more

The unions are pressing for five-day banking and several other demands. Bank strike alert! Bank customers could face interruptions in branch-based services for three days from September 28 to September 30, 2026, if the United Forum of Bank Unions (UFBU) proceeds with its proposed nationwide strike.The proposed strike comes immediately after the weekend. September 26 … Read more

Top stocks to buy today on September 21, 2026 Stock market recommendations: Indian Hotels Company, and Sona BLW Precision Forgings Ltd are the top stocks to buy recommended by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for September 21, 2026. The analyst has also shared his views on Nifty and Bank Nifty. … Read more

The choice before India is therefore not between Atmanirbharta and globalisation, but between passive and strategic integration By Anuj GuptaThe WTO’s 2026 World Trade Report comes at an awkward time for India. The world is becoming more fragmented, governments are rediscovering industrial policy, supply chains are being rearranged and confidence in ever-deeper trade liberalisation has … Read more

Top stocks to buy in the week starting September 21, 2026 Stock market recommendations: Lenskart, and Happy Forgings have been recommended as the top stocks to buy for the week starting September 21, 2026 by Motilal Oswal Wealth Management Research Desk. Below is what the brokerage has to say about the stocks: NAME CMP (Rs) … Read more

The price band for the issue has been set at Rs 1,700-1,785 per share, while each lot consists of eight shares. NSE IPO GMP: On the last day of the National Stock Exchange of India (NSE) initial public offering (IPO), its grey market premium or GMP was hovering around 3%. Today is the final day … Read more