
Indian refiners plan to keep buying Russian oil despite risk of US tariffs
Refiners are paying a premium of around $1 a barrel for Russian oil, while Brent crude prices of around $103 per barrel are also raising concerns over import costs.

Refiners are paying a premium of around $1 a barrel for Russian oil, while Brent crude prices of around $103 per barrel are also raising concerns over import costs.

The European Commission proposed prohibiting children under 13 from using social media, while allowing those aged 13 to 15 to access platforms through accounts supervised by their parents. ‘Online platforms can easily rely on our age verification app,’ Ursula von der Leyen said.

Large-cap funds predominantly invest in large-cap stocks, while aggressive hybrid funds combine equity with debt. A comparison of their 1-, 5- and 10-year returns, along with risk-adjusted performance, reveals how the two mutual fund categories have fared over time.

Hybrid warfare refers to the use of multiple methods—military and non-military, overt and covert—to pressure or destabilise another country without necessarily triggering a conventional armed conflict.

Netflix shares fell 7% to $70.11 after Wells Fargo downgraded the stock to Underweight due to user engagement concerns. Despite being the largest paid streaming platform, Netflix faced revenue growth challenges and weakened content. 
Modular infrastructure projects represent a $100-150 billion market opportunity, according to L&T's deputy managing director and president Subramanian Sarma.

British-Ghanaian rapper Sway DaSafo has died aged 44 at his home in Ghana. The MOBO-winning artist made history as an unsigned rapper and later found chart success with Level Up.

Missing a KYC update deadline doesn't mean immediate account freezing. RBI rules require banks to send reminders before action. 

Investors reassess Tata stocks as the Tata Sons-Tata Trusts standoff raises concerns over leadership and capital allocation.

The rapid-fire developments unfolded on a day when the Election Commission allotted new names and symbols to the two rival TMC factions after freezing the party's traditional name and ‘flower and grass’ symbol.

Indian equities extend their losing streak to six weeks as crude volatility, Tata Group concerns and IPO fund flows weighed on sentiments.

Consumer durable financing can provide formal credit to new-to-credit borrowers who may otherwise find it difficult to obtain a loan. But convenience comes with potential drawbacks.

Nifty 500 data shows 10%-20% was the most common three-year return range since 2005. With the latest three-year CAGR at 12.9%, an expert suggests investors should distinguish between exceptional bull-market gains and more typical returns when planning financial goals.

The Dow Jones Industrial Average was flat. The S&P 500 rose 0.25%, the Nasdaq Composite rose 0.39%

Delhi Metro on Thursday recorded its busiest day with 82,44,903 boardings, surpassing the previous day's record of 80,71,630 amid DTC bus strike. Check which line saw the highest rush.

Nestle India says it's compliant with all applicable regulations in the country even as FSSAI cracks down promotional claims made for two infant formula brands.
Platinum Jasmine A 2018 Trust is set to divest its 1.7% stake in Lenskart Solutions, valued at ₹2,047.4 crore. The block deal pricing is a 3.5% discount from the recent closing price. 

A collision took place between INS Kolkata and PNS Hunain in the Arabian Sea on Tuesday evening.

A decree signed by Russian President Vladimir Putin transferred the Russian operations of Nestle, French retailer Auchan, former Leroy Merlin DIY chain — now known as Lemana Pro — and French logistics company FM Logistic to a firm called LEV Management.

India has sent a 503-athlete contingent to the 2026 Asian Games in Japan. Some of the events, including women's cricket, have already got underway. 

Moninder Singh Pandher, accused in the 2006 Nithari serial killings, was acquitted in October 2023 by the Allahabad High Court. His release gained attention after Surendra Koli, another accused, died by suicide. Pandher has since been largely inactive publicly.

Russia has proposed that India manufacture the Su-57 stealth fighter domestically, seeking a Su-30MKI-style partnership. While the IAF needs just 36-54 jets, Russia wants a 100-aircraft commitment to achieve economies of scale. India must weigh this against its indigenous AMCA fighter programme.

Nestle India defended its infant nutrition products, NAN Excella Pro and Lactogen Pro, claiming full compliance with FSSAI regulations after the authority initiated legal action for alleged non-compliance. Nestle confirmed adherence to all applicable laws and continues to engage with FSSAI.
Air India CEO Designate Tewolde Gebremariam argues that having a single airline group would lower regulatory requirements and reduce need for two sets of staff.

Social media personality Rakesh Trehan, aka Raja D King who previously announced ‘petrol langar’, is back with iPhone langar for people of Chandigarh and Mohali. Here's how to win iPhone 17 and above for free.

Rediff.com stands to benefit from the government's new Merchant Discount Rate (MDR) on select UPI transactions, potentially enhancing its revenue as it prepares for market listing. The MDR changes, effective from October 15, aim to charge large ticket merchants while keeping most payments free.

India has strongly condemned Houthi attacks on Saudi Arabia during a recent briefing, expressing concerns over regional security and freedom of navigation in the Red Sea. 

Midcap stocks can witness sharp corrections, making volatility a key risk for investors. But avoiding market falls can create another challenge if the subsequent recovery is missed. A 21-year analysis of the Nifty Midcap 150 highlights this trade-off.

ITAT Mumbai cut an NRI's tax penalty from 200% to 50% after she omitted ₹14.46 lakh in interest income from her ITR. The tribunal held mere omission isn't automatic misreporting, citing her overseas residence, reliance on an accountant, and voluntary tax payment once notified.

The Centre had earlier told the Supreme Court that the high court ruling had created a “huge vacuum” in the reassessment process of the tax department.

Cooper Connolly's knock of 78 from 69 deliveries consisted of three fours and as many sixes. His knock, along with Travis Head's century took Australia to 356/6.

Multibagger stock, Midwest Energy Limited, is set to split at a 1:10 ratio, with a record date of September 25. Check details

A suicide attack in Kohat killed at least 16, including five police personnel, during Friday prayers. The attacker used an explosives-laden vehicle. No group has claimed responsibility, while Pakistan's leaders expressed grief and called for medical assistance for the injured.

Apple is reportedly all set to launch Apple Pay in India next month with Axis Bank's credit cards. It is said that the company is also in talks with HDFC Bank and ICICI Bank.

The US plans to sell up to 48 F-35 warplanes to Saudi Arabia in a $24.3 billion deal, aimed at bolstering security for a key ally and shaping military dynamics in the Middle East, pending congressional approval.

Howard G Buffett will succeed Warren Buffett as chairman of Berkshire Hathaway. Warren, 96, becomes chairman emeritus after leading since 1970. Howard, born in 1954, has been on the board since 1993 and is involved in agriculture, conservation, and philanthropy.

Tata Group companies experienced a significant market cap drop of ₹46,600 crore amid a mounting governance crisis and investor uncertainty. The turmoil followed a board decision to extend Chairman Natarajan Chandrasekaran's tenure and potential public listing plans. 

Power Grid Corporation of India plans to raise ₹5,000 crore through a private bond placement, approved by its Committee of Directors. The bonds are unsecured and will be listed on BSE and NSE, with a 10-year tenure and annual redemptions starting after four years.

The additional flexibility is intended to ensure uninterrupted supplies to genuine industrial consumers while preventing higher stockholding from exerting pressure on domestic sugar availability.

The two countries reviewed market access, customs, border infrastructure and connectivity at a recent bilateral trade meeting.

Elevate Campuses' three-day IPO, which will open on 23 September, comprises an entirely fresh issue of equity shares, with no offer-for-sale component

India calls for greater intra-SCO trade, lower trade costs, and more resilient supply chains.

Travis Head broke the record of Matt Renshaw, who had scored the fastest ODI century by an Australian against Zimbabwe in the first ODI on Tuesday.

India's IPO market is active with offerings from NSE, Hero Motors, SS Retail, and Jindal Supreme. Hero Motors IPO saw a decline in grey market premium while NSE IPO indicated a muted listing gain. SS Retail and Jindal Supreme show strong subscription rates and potential listing gains.

As global bond yields climb, the impact on Indian equities is becoming increasingly evident. Wealthy's Niharika Tripathi warns that sustained higher yields may compress valuations and reshape investment strategies, prioritising earnings visibility over speculative growth. 
US House-passed bill lets Trump impose up to 100% tariffs on countries like India, China buying Russian oil/gas. But Section 114 exempts US-Russia civilian nuclear deals and uranium imports, since Russia supplies ~26% of US reactor enrichment needs, per EIA 2025 data.

Equity options market share of prop traders fell to a 22-month low on NSE in Aug. BSE which doesn't provide such data suffered too as overall volumes fell more sharply. CAS review a silver lining

Gold prices rose for the third consecutive day as declining crude oil prices and a drop in global bond yields bolstered sentiment. MCX gold hit ₹1,54,600 per 10 grams, marking a three-day gain of ₹3,791, as analysts urge caution amidst volatile market conditions.

Tata Sons Listing: A total of seven Tata Group stocks have shareholding in Tata Sons

Indian Railways plans to launch second sleeper Vande Bharat Express, connecting New Delhi and Varanasi. The overnight service aims to reduce travel time and enhance comfort, with a trial run expected this month and operations starting around Diwali. The trial run is likely to take place this month.
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