Robust inflows into FCNR (B) deposits: Banking system liquidity surplus at ₹6.65 lakh cr
Business Lineby BL Mumbai Bureau·1 Sept 2026
Thanks to the robust inflows into FCNR (B) deposits during the June 8, 2026 to August 31, 2026 period under the RBI’s concessional swap facility, the banking system is currently awash with...
Indian govt tightens sugar stock limit, cuts traders’ limit by half
Business Lineby BL New Delhi Bureau·1 Sept 2026
The government has tightened sugar stock limits for dealers from September 15, halving the maximum quantity they can hold to 200 tonnes from 400 tonnes, in another administrative measure aimed at...
Resilient performance
Business Line·1 Sept 2026
The economy has pulled a rabbit out of the hat once again, with real GDP (Gross Domestic Product) for the first quarter of FY27 expanding by 7.8 per cent, which is a much faster pace than either...
Recycled plastics market to hit $11.71 billion by 2031
Business Lineby BL Mumbai Bureau·1 Sept 2026
India’s copper demand is expected to rise to about 3.2 million tonne by 2030 from about 1.9 million tonne with scrap already meeting nearly 38 per cent of current copper demand, underscoring the...
Western Carriers expects Kolkata port terminal to further boost biz volumes for both domestic, EXIM cargo
Business Lineby Mithun Dasgupta·1 Sept 2026
Logistics company Western Carriers, which won the bid for the development and operation of a general cargo terminal at the Syama Prasad Mookerjee Port in Kolkata, expects the facility to further...
UPI volumes at record high in August even as transaction value falls
Business Lineby BL Bengaluru Bureau·1 Sept 2026
India’s Unified Payments Interface (UPI) continued to deepen its reach in August, with transaction volumes hitting a fresh record even as the overall value of payments remained broadly flat...
India’s CAD widens to $4.2 billion in Q1FY27 from $3.4 billion in Q1FY26
Business Lineby BL Mumbai Bureau·1 Sept 2026
India’s current account deficit (CAD) widened to $4.2 billion in the first quarter (Q1) of FY27 against $3.4 billion in the year ago quarter due to higher merchandise trade deficit.
We are open to using homegrown AI models: Mahesh Ramamoorthy, Chief Information Officer at YES Bank
Business Lineby Vallari Sanzgiri·1 Sept 2026
Speaking on the tokenisation cost challenge in the AI age, Mahesh Ramamoorthy, Chief Information Officer at YES Bank, examined the potential of homegrown AI models to solve certain problems, reduce...
India electric PV sales jump 51% in August; Tata leads, Mahindra gains as MG slips
Business Lineby Amit Vijay Mohile·1 Sept 2026
India’s electric passenger-vehicle registrations surged 51.3% year on year to 29,687 units in August 2026 from 19,622 in August 2025, but fell 12% from 33,746 units in July as a high base and...
Rupee at 2-month high on FCNR (B) deposit inflows, RBI intervention
Business Lineby BL Mumbai Bureau·1 Sept 2026
The rupee closed below 95 on Tuesday, a two-month high of 94.95 per US dollar, buoyed by robust Foreign Currency Non-Resident (Bank)/ FCNR (B) deposit inflows under the RBI’s concessional swap...
Spike in onion prices likely to persist as drought hits Karnataka cultivation
Business Lineby Prabhudatta Mishra·1 Sept 2026
Onion prices are expected to remain high despite temporary relief from government buffer stocks sold at ₹35/kg.
SAT dismisses Omaxe appeal against SEBI order over financial statement irregularities
Business Lineby BL Mumbai Bureau·1 Sept 2026
The Securities Appellate Tribunal (SAT), on Tuesday, dismissed an appeal filed by realty firm Omaxe against a Securities and Exchange Board of India (SEBI) order relating to alleged irregularities...
Happiest Minds-ITC Infotech deal: India’s mid-tier IT firms are turning to M&A to stay competitive
Business Lineby Sanjana B·1 Sept 2026
The proposed Happiest Minds Technologies-ITC Infotech combination highlights the growing pressure on India’s mid-tier IT services firms to build scale without losing the specialised capabilities...
Kruu bets on project-based learning experiences to rethink learning in the AI-era
Business Lineby Rohan Das·1 Sept 2026
After trigonometry in the morning, physics in the afternoon, and a history of Roman architecture in the evening, imagine a student working on a project to design a house that can be folded, packed...
Modi, Xi shake hands, talk on sidelines of SCO Summit ahead of BRICS meet
Business Lineby Amiti Sen·1 Sept 2026
New Delhi, September 1: In a fresh sign of thaw in India-China ties, Prime Minister Narendra Modi and Chinese President Xi Jinping on Tuesday exchanged a firm handshake and held a brief...
Haier to Showcase AI-Powered Living at IFA 2026, Highlighting Global Brand Leadership and Local Innovation
Business Lineby Cuelive·1 Sept 2026
BERLIN , Sept. 1, 2026 /PRNewswire/ -- Haier , the world's No. 1 brand in major home appliances for 17 consecutive years*, will exhibit at IFA 2026 from Sept. 4 to 8 at Stand 101 in Hall 3.1.
Retail sugar prices in India still ruling above ₹60 a kg despite fall in mill-level and wholesale rates
Business Lineby Our Bureaus·1 Sept 2026
Mill-level and wholesale prices of sugar have dropped by over 20 per cent and 10 per cent respectively since August 21, but retail prices continue to rule well above ₹60 a kg across the country.
Supreme Court quashes FIRs against Gen Z NEET protestors
Business Lineby Krishnadas Rajagopal·1 Sept 2026
The Supreme Court, at the urging of the central government, took a rare and extraordinary step on Tuesday to quash the criminal cases registered against Gen Z protestors involved in nationwide...
Annual toll revisions on newer highway projects are expected to climb to 6.2–6.4%
Business Lineby Amit Vijay Mohile·1 Sept 2026
Motorists and logistics companies should brace for a much bigger increase in the cost of using India’s national highways from April 2027.
Ujjivan SFB MD & CEO exit, Kotak succession race gains momentum amid banking sector leadership churn
Business Lineby BL Mumbai Bureau·1 Sept 2026
After a series of churns among bank chief financial officers (CFOs) in June, India’s banking sector is witnessing a fresh wave of leadership transitions, with Ujjivan Small Finance Bank (Ujjivan...
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