Business

The rupee rose 5 paise to 88.10 against the US dollar in early trade Wednesday, supported by FII inflows and a weaker greenback. However, gains were capped by higher crude oil prices amid geopolitical tensions in West Asia.

Equity benchmarks Sensex and Nifty surged in early trade Wednesday after US President Donald Trump expressed confidence in a “successful conclusion” of trade talks with India. A rally in IT stocks and fresh FII inflows further lifted market sentiment.

Apple is ramping up iPhone 17 production across five Indian plants, including Foxconn’s new $2.8 billion Bengaluru factory. Analysts expect record festive sales, with the new Air and Pro models driving upgrades, while India cements its role in Apple’s supply chain.

US President Donald Trump announced the resumption of trade talks with India, calling PM Modi a “very good friend.” Modi reciprocated positively, as both sides signalled commitment to a forward-looking strategic partnership despite recent tariff tensions.

Coolberg has partnered with Amazon Prime Video for the upcoming series Do You Wanna Partner. To mark the launch, it introduced Jugaaro Lemon-Ginger, a limited-edition non-alcoholic malt beverage, available across retail, HoReCa, and quick commerce platforms nationwide

Apple will unveil its new iPhone line-up at the “Awe Dropping” event on Tuesday, featuring faster A19 chips, AI-powered features, and a new ultra-thin Air model. India’s role as both a market and manufacturing hub is growing

Travel insurance is no longer optional—it’s essential. From covering medical emergencies and trip cancellations to lost baggage and flight delays, comprehensive policies safeguard travelers against financial and emotional stress, ensuring international journeys remain memorable for the right reasons.

Chinese Ambassador Xu Feihong criticised Washington’s 50% tariffs on India as “unfair,” calling on New Delhi and Beijing to deepen economic ties to counter the challenge. He also stressed joint efforts against terrorism and strengthening bilateral cooperation.

Firming up trade deal with the EU will be yet another demonstration of India’s strategic autonomy in matters of trade and business

Budget carrier SpiceJet, which reported a Rs 238 crore loss in the June quarter, plans to restore 10 grounded aircraft by April 2026. The airline is securing engines, overhaul slots, and lease deals to revive its operations

The Karnataka Media Academy has signed an MoU with Infosys under its CSR programme, Springboard, to train 150 journalists in digital skills, AI, and personality development. The initiative prioritises district-level and women journalists, aiming to strengthen media capacity across Karnataka

The government said GST reforms have rationalised food processing tax rates to 5 per cent, reducing compliance burden, correcting duty anomalies, and making food more affordable. The move is expected to boost demand, encourage investments, strengthen MSMEs, and create jobs across the sector

Nissan Motor India has slashed prices of its New Magnite range by up to ₹1 lakh, passing on GST cuts to customers. With entry models now under ₹6 lakh, the move aims to boost festive season sales starting September 22.

Equity benchmarks Sensex and Nifty surged in early trade on Monday, tracking positive global trends and buoyed by hopes of a US Fed rate cut and domestic GST relief. Automobiles, metals and cement stocks led gains, while select FMCG lagged.

Audi India has slashed prices by Rs 2.6–7.8 lakh across models, including Q3, Q5, Q7, Q8, A4, and A6, following the GST 2.0 rate cut. The move aims to boost festive season demand by enhancing affordability

The cost of home-cooked vegetarian thalis fell 7% and non-vegetarian thalis 8% year-on-year in August, driven by sharp declines in onion, potato, and pulse prices, a Crisil Intelligence report showed. Higher crop production and stable stocks eased household food expenses.

Gold surged to Rs 1.06 lakh per 10 grams and silver crossed Rs 1.23 lakh per kg this week, driven by global uncertainty, tariffs, and investor demand for safe-haven assets

The Sep 15 deadline for filing ITRs is fast approaching, with over 4.56 crore returns already filed. Taxpayers are urged to avoid last-minute submissions to prevent inconvenience

AAP leader Arvind Kejriwal urged Prime Minister Narendra Modi to impose a 75 per cent tariff on US imports in response to Washington’s duties on Indian goods. He warned that exempting duty on US cotton would harm Indian farmers

Air India CEO Campbell Wilson said recent incidents involving the airline are proportionate to its scale, with over 1,200 daily flights. The carrier plans to let cabin crew issue e-vouchers to address service lapses while boosting transparency and customer trust

Bernstein predicts India’s consumption will get a boost from the government’s GST rate cuts. Personal care, home care, FMCG, grocery retail, footwear, apparel, and quick-service restaurants are expected to gain from the revised tax structure, which lowers GST on key items.

With reduction in GST on passenger vehicles, effective September 22, automakers slash prices across models to boost festive demand

Vedanta’s takeover of debt-ridden Jaiprakash Associates with a Rs 17,000 crore bid has raised doubts over the timely completion of the SLBC tunnel, the world’s longest irrigation tunnel, already delayed by a roof collapse and geological challenges.

JAL — with interests in real estate, cement, power, hotels and roads — has been dragged into insolvency proceedings after defaulting on payment of loans