MDR may alter payment choices, but ‘won’t curtail market participation’

Varshney re-appointed as SEBI whole-time member till 2029

Varshney heads departments including corporate finance, corporation finance investigation, integrated surveillance and legal affairs, among others

Hero Motors IPO Day 1: Issue subscribed 1.18 times so far

The issue comprises fresh shares worth ₹600 crore and an offer-for-sale of ₹400 crore by promoters, with listing expected September 23.

Fed watch freezes Dalal Street; Nifty ekes out modest gains after brutal sell-off

The Nifty 50 closed at 23,217.60, up 99 points, while the BSE Sensex ended at 74,336.45, gaining 332.63 points

Chinese defence chief skirts flashpoints at Xiangshan Forum ahead of Xi-Trump summit

With just a week to go until Chinese President Xi Jinping heads to Washington for his first state visit in more than a decade, Chinese Defence Minister Dong Jun opted for the diplomatic path in his address to China’s premier security conference on Wednesday. Speaking at the annual Xiangshan Forum in Beijing, Dong took veiled swipes at Washington and its allies but – unlike last year – appeared to pull his punches, skipping mentions of contentious issues such as Taiwan and the South China Sea. He...

Empower India to acquire Valiance Engineers in all-equity transaction

Transaction to be structured as a 100% non-cash share swap via the preferential allotment of fresh equity shares of Empower India

India, Pakistan warships collide at sea, adding to tensions

A Pakistani warship collides with an Indian naval vessel in international waters in the northern Arabian Sea on Tuesday evening

Capri Gold Loans rolls out ‘Vyapar Mahotsav’

Capri Global arm slashes gold loan rates to 11% for four days; stocks rise 0.61%

Kanohar Electricals stock ends with 19% listing gains

Analysts expect some profit booking may occur, with a stop loss of ₹650

Prasol Chemicals up after weak debut, ends below ₹676-IPO price

The stock stages a rebound after discount debut

Glass Wall Systems stock ends 18% above IPO price on debut day

Investors should monitor its execution, real-estate demand and overseas exposure, with stop loss of ₹178, a market analyst said

HDFC Bank shares trade flat after rising in previous session, key details

The stock’s movement comes after HDFC Bank soared nearly 3% before close in the previous session following the bank’s move ahead with its CEO succession process

TTD to provide ₹2 lakh insurance cover to every pilgrim visiting Tirumala

The scheme will be Aadhaar-based and provided online, as the government outlines plans to develop Tirumala as a sacred pilgrimage centre

As US slashes funding, UN peacekeeping head says global body can rely on China

The United Nations can count on China’s support, the UN’s peacekeeping chief said in Beijing as he flagged the body’s financial strains – due in large part to Washington’s funding squeeze. Speaking at the Xiangshan Forum in Beijing on Wednesday, UN undersecretary general for peace operations Jean-Pierre Lacroix said the international system was under severe strain and the UN urgently needed to adapt its tools to modern realities. Lacroix warned that the global body’s financial situation “is...

IPL 2027 auction to be held in India after three years overseas, BCCI confirms: Report

BCCI will hold the IPL 2027 mini auction in India, ending a three year run of overseas venues that included Dubai, Jeddah and Abu Dhabi, according to Cricbuzz. The decision, taken at a Governing Council meeting on September 15, follows franchise concerns over overseas logistics.

US military prepares ceremonial welcome for Xi Jinping at the White House

A US military honour guard held a rehearsal at the White House as Washington fine-tuned diplomatic protocols and preparations for Chinese President Xi Jinping’s expected visit to the United States next week. A video clip posted on social media by Fox News correspondent Lucas Tomlinson on Tuesday afternoon Washington time showed service members from various military branches dressed in ceremonial uniform and standing in formation. The drill mirrored the welcome extended to US President Donald...

Geologists find unexpectedly large water sources in Xinjiang beneath China’s largest desert

Geologists have discovered two large water sources beneath China’s largest desert, potentially offering the northwestern region a vital new tap for sand-control projects and agriculture. The desert region has drawn attention for extensive afforestation and anti-desertification efforts taking place around its edges under the Great Green Wall initiative, alongside a rainfall trend that is transforming arid western China. The groundwater discoveries were made as part of a water-finding project in...

From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive season

Retailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash, impacting government formalization efforts. The association argues UPI debit transactions should not incur merchant discount rates. They propose the government should underwrite UPI network costs instead. RAI will seek a graded MDR structure and incentives for small retailers.

India clears 642-car import quota from UK under India-UK trade agreement

India's Directorate General of Foreign Trade approved seven companies to import 642 cars. These imports will occur under the India-UK free trade agreement's tariff rate quota provisions. The government had sought applications for a quota of approximately 5,000 vehicles for the year 2026. This approval marks the first allocation under the 2026 quota following recent applications. The agreement allows concessional customs duty on vehicle imports from Britain.

Nifty Midcap 150 drops 20%-plus once every 4.2 years, shows 21-year data

Despite the recurring volatility, the data makes a case for staying invested

Asian Games 2026: India Women's Kabaddi team captain Pushpa Rana eyes title defense

The Indian women's Kabaddi team is preparing to defend their gold medal at the 2026 Asian Games. Captain Pushpa Rana expressed confidence in the squad's extensive preparation and analysis of opponents. The team aims to maintain the winning momentum established by previous successful campaigns. Arjuna awardee Pooja Kajla highlighted the inspirational aspect of winning for younger generations.

In 2007, the Neptune Memorial Reef began growing off Florida with cremated remains; the planned 16-acre site later developed into a coral habitat

An innovative underwater cemetery presents a novel burial alternative, where cremated remains are encased in concrete structures designed to facilitate coral growth. This initiative has evolved into one of the largest artificial reefs globally, fostering marine habitats while countering ecological deterioration. It strikes a balance between human customs and environmental stewardship, showcasing how traditional practices can support conservation efforts.

CJP to launch 'Adivasi School Thik Karo' campaign from Gadchiroli on September 17

The Cockroach Janta Party founder launched a campaign for tribal schools. This initiative aims to highlight government neglect and discrimination faced by students. Many tribal students have died due to poor facilities and lack of care. The campaign will inspect infrastructure and draw attention to these issues. Focusing on tribal education is crucial for the nation's future development.

Gold mining stocks offer better returns than bullion: Rational Equity Asset Management

₹1 lakh invested in gold mining equities returned 278% since August 2023, compared to 153% for Indian gold ETFs and 130% for physical gold over the same period: Report

Mexican Proverb of the Day: “Between the plate and the mouth, the soup falls” A timeless lesson on uncertainty

Mexican Proverb of the Day: “Between the plate and the mouth, the soup falls” conveys the lesson that an expected outcome is not guaranteed until it is achieved. Using the image of soup spilling before reaching the mouth, the proverb highlights the uncertainty between anticipation and reality, encouraging caution about treating plans, opportunities or expected results as certain.

India highlights energy security, clean power and emerging tech at G20 Energy meeting in Houston

India's Union Power Minister Manohar Lal Khattar addressed G20 energy meetings. He highlighted India's significant progress in energy security and clean energy expansion. The minister also discussed regulatory efficiency improvements and digital platforms used. Bilateral talks focused on emerging energy technologies and cooperation with US and Canada. India reaffirmed its commitment to a balanced and future-ready energy strategy.

India highlights energy security, clean power and emerging tech at G20 Energy meeting in Houston

India's Union Power Minister Manohar Lal Khattar addressed G20 energy meetings. He highlighted India's significant progress in energy security and clean energy expansion. The minister also discussed regulatory efficiency improvements and digital platforms used. Bilateral talks focused on emerging energy technologies and cooperation with US and Canada. India reaffirmed its commitment to a balanced and future-ready energy strategy.

In 1985, Broward County sank a DC-4 off Fort Lauderdale in 71 feet of water; the wreck later became a monitored artificial reef

In Florida, officials purposefully submerge items like airplanes to establish artificial reefs. These underwater structures not only form new habitats that entice various fish species but also spark discussions among scientists regarding their actual impact. Research demonstrates that these wrecks foster swift colonization and vibrant aquatic life, paving the way for ongoing studies into the ecological advantages of this practice.

Chinese research ship completes month-long mission near Scarborough Shoal

China confirmed on Wednesday that a research vessel conducted a month-long, wide-ranging geological survey in the waters near Scarborough Shoal, a South China Sea flashpoint between Beijing and Manila. The Haiyang Dizhi Shihao, or Marine Geology No 10, carried out the survey from August 11 to September 8, with the aim of “gaining a comprehensive understanding of the basic geological features and ecological environment” of waters under its jurisdiction, the Ministry of Natural Resources said on...

‘Every possible means...’: EU to tackle ‘unsustainable’ trade deficit with China, says Von der Leyen

In a historic first, Canada invited to become EU bloc’s associate member

Canada could become the EU’s first “associate member” under a proposal from European Commission President Ursula von der Leyen. The plan would deepen cooperation beyond trade into defence, energy, critical minerals and technology as Canada and Europe seek stronger economic ties amid uncertainty over US trade policy.

China's foreign minister urges reopening of Strait of Hormuz in meeting with Iranian counterpart

China's Foreign Minister Wang Yi urged Iran and the United States to remain rational. He encouraged both nations to exercise restraint and engage in substantive consultations. Wang also called for effective measures to reopen the Strait of Hormuz soon. China does not want regional tensions to spill over into Yemen and the Red Sea. China's policy toward Iran remains consistent and stable, fostering communication.

In 2019, the Netherlands tested a 1,312-foot highway noise barrier with two-sided solar panels; it generated 325.5 MWh over 18 months

Dutch engineers transformed highway sound walls into solar power generators. These innovative walls produced significant electricity during an eighteen-month test period. The bifacial solar glass panels generated power from both sides, maximizing energy capture. This project demonstrated a novel approach to clean energy generation without using new land. Similar opportunities exist in America for repurposing existing infrastructure.

JM Financial sees up to 28% upside in Dr Reddy’s and Aurobindo Pharma. Should you buy?

JM Financial retained Buy ratings on Dr Reddy’s Laboratories and Aurobindo Pharma, seeing up to 28% upside over the next 12 months. The brokerage expects stronger earnings growth, business diversification and new product launches to support both drugmakers.

Global Market: European shares recover as oil rally pauses ahead of Fed decision

European shares recovered after two sessions of losses as a pause in oil prices eased pressure on risk assets ahead of the Federal Reserve's policy decision. Banks led gains, while investors tracked bond yields, inflation concerns and geopolitical developments.

Security tightened across Delhi University ahead of student union polls

Security has been increased across Delhi University campus for student elections. Over two thousand police and paramilitary forces will be deployed during campaigning and polling. Final campaigning concludes today, with voting scheduled for Friday and results on Saturday. Police will maintain a visible presence to prevent clashes and ensure order. Enhanced security measures aim for fair and peaceful election proceedings.

Former Philippine President Rodrigo Duterte appears in court in The Hague

At an International Criminal Court hearing, former Philippine President Rodrigo Duterte faced serious allegations of crimes against humanity related to his notorious drug war. After previously citing health concerns for his absences, he was cleared to attend. Presently, proceedings involve discussions on evidence sharing and trial scheduling, with the much-anticipated trial set to begin in November.

At Texas’ Panther Creek III, blades from 133 turbines were repurposed in cement kilns as the wind farm’s capacity rose from 199.5 MW to 215 MW

Wind turbine blades, made of non-recyclable fiberglass, pose a significant waste challenge. A West Texas wind farm utilized cement kilns for blade disposal, diverting waste from landfills. This process uses ground blades as fuel and raw materials within the kilns. European countries have already banned landfilling wind turbine blades due to disposal issues. This method represents downcycling, offering a viable solution for nearby wind farms.

Delhi HC asks govt if it is contemplating policy to regulate addiction causing features on social media apps

The Delhi High Court sought the Centre's stance on regulating social media's addictive design elements. The court questioned if a policy is being considered for features like infinite scroll. A public interest litigation highlights concerns about engagement-maximising design on these platforms. The petition points to potential links between social media use and adolescent mental health issues. The court will hear the matter again after three weeks for further deliberation.

Delhi HC asks govt if it is contemplating policy to regulate addiction causing features on social media apps

The Delhi High Court sought the Centre's stance on regulating social media's addictive design elements. The court questioned if a policy is being considered for features like infinite scroll. A public interest litigation highlights concerns about engagement-maximising design on these platforms. The petition points to potential links between social media use and adolescent mental health issues. The court will hear the matter again after three weeks for further deliberation.

'GDP doubled, we count more, influence more': EAM Jaishankar lists 6 challenges at ICWA