Economy news

• With iPhone Duo, Apple makes entry into foldable market

  09-09-2026 22:23 via timesofindia.indiatimes.com
  
  Takes On Samsung, Google | Launches iPhone 18 Pro Series
  
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• Rupee tumbles 27 paise against US dollar as crude prices hold firm above $108 per barrel

  11-09-2026 06:39 via timesofindia.indiatimes.com
  
  The Indian Rupee weakened against the US dollar on Friday, extending its previous day's losses.High crude oil prices and foreign portfolio outflows continued to exert downward pressure.Supportive factors like forex reserves and RBI intervention were insufficient against these headwinds.Investors now await US and Indian inflation data for market direction.Domestic stock markets also experienced declines as foreign investors sold shares.
  
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• ‘Key growth engine’: IMF hails India’s 7.8% growth, backs GDP estimate changes

  11-09-2026 05:42 via timesofindia.indiatimes.com
  
  India's economy showcased remarkable resilience by achieving a robust 7.8 percent GDP growth for the April-June quarter, surpassing forecasts. The strength of the services and export sectors contributed significantly to this success. The International Monetary Fund lauded India's economic achievements and its pivotal role as a global growth driver, also acknowledging improvements in macroeconomic statistics and data quality. This comes amid ongoing evaluations of India's latest GDP figures.
  
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• Oil touches $107 per barrel as Hormuz remains choked for over six months

  11-09-2026 04:03 via timesofindia.indiatimes.com
  
  This week, oil prices surged past a hundred dollars per barrel amidst growing worries over supply disruptions caused by attacks on shipping routes in the Middle East. US fuel prices reflect this trend as supply chains experience strain. The trajectory of future oil prices will heavily depend on China's import choices, with OPEC adjusting its global oil demand growth forecast for 2026.
  
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• Oil price today: Brent crude, WTI over $100 per barrel for first time in 4 months

  11-09-2026 04:03 via timesofindia.indiatimes.com
  
  This week, oil prices surged past a hundred dollars per barrel amidst growing worries over supply disruptions caused by attacks on shipping routes in the Middle East. US fuel prices reflect this trend as supply chains experience strain. The trajectory of future oil prices will heavily depend on China's import choices, with OPEC adjusting its global oil demand growth forecast for 2026.
  
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• May tweak F&O settlement price mechanism: Sebi chief

  11-09-2026 01:23 via timesofindia.indiatimes.com
  
  Pandey Reiterates There Is No Going Back On CAS System
  
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• Checks on e-commerce platforms from October: FSSAI

  10-09-2026 22:54 via timesofindia.indiatimes.com
  
  'Won't Be Allowed To Take Plea That They Are Just Aggregators'
  
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• 83-year-old had Rs 2.42 lakh FD, Rs 1.06 lakh cash; how she won 9-year-old tax demand case

  10-09-2026 18:34 via timesofindia.indiatimes.com
  
  For reasons not known, the woman did not respond to the notice. The Income Tax Assessing Officerconsequently completed the assessment under Section 144 and determined her total income at Rs 5.15 lakh, treating the amount as unexplained.
  
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• Crypto challenge unresolved, need partners beyond regulators: FATF VP

  10-09-2026 15:02 via timesofindia.indiatimes.com
  
  Vivek Aggarwal highlighted the ongoing challenges posed by virtual assets and technology-driven fraud. He urged for enhanced collaboration among stakeholders to combat these growing threats. It is essential for both regulatory bodies and private companies to modernize their frameworks and invest in innovative solutions. India is strengthening its approach to cybercrime nationwide, emphasizing the importance of industry collaboration for effective self-regulation and risk management.
  
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• Govt tightens e-commerce rules to curb price manipulation, dark patterns: What changes?

  10-09-2026 14:32 via timesofindia.indiatimes.com
  
  Effective January 2027, upcoming e-commerce rules aim to bolster consumer safeguards by requiring platforms to exhibit previous pricing clearly and avoid search result manipulation. There will be mandatory disclosures for sponsored listings to assist consumers in their choices. Furthermore, e-commerce companies will need to manage customer grievances effectively and work with the National Consumer Helpline, along with stricter regulations concerning data usage, imported items, and fee bundling.
  
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• Internship the new interview: Companies turning interns into full-time hires; what it means for IT sector jobs

  10-09-2026 14:10 via timesofindia.indiatimes.com
  
  For students who are entering the job market, an internship is no longer just a line on their resume. It can be the first real test of whether a company sees them as a potential full-time employee.
  
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• Brics Summit, nationwide bank strike tomorrow: Are banks open or shut on September 11? Check details

  10-09-2026 13:04 via timesofindia.indiatimes.com
  
  Banks will face disruptions across India due to elections and union strikes.A nationwide strike by bank employees is planned for September eleventh.Gujarat will see a three-day strike affecting thousands of branches and transactions.Several states observe bank holidays for Ganesh Chaturthi and other festivals.ATMs and digital banking services will remain available for customers.
  
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• Rs 2 crore net worth at 28; husband earns Rs 3 lakh, woman asks if she should quit job

  10-09-2026 11:46 via timesofindia.indiatimes.com
  
  A 28-year-old woman has claimed on Reddit that she has a net worth of around Rs 2 crore, earns about Rs 4 lakh a month and has no EMIs to pay. According to her Reddit post, her husband earns another Rs 3 lakh a month and has a net worth of around Rs 1.5 crore.
  
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• Nitin Gadkari: ‘I want to set record’ for blacklisting maximum contractors for poor work

  10-09-2026 09:27 via timesofindia.indiatimes.com
  
  Nitin Gadkari said on Wednesday that he wanted to "set a record" by blacklisting the largest possible number of contractors and suspending officials found responsible for delays or poor-quality execution in infrastructure projects.
  
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• Gold, silver price prediction: Why gold, silver are under pressure; check outlook on September 10, 2026

  10-09-2026 09:04 via timesofindia.indiatimes.com
  
  Gold and silver price prediction today: Gold prices may continue to trade within a consolidation range in the short term; however, a decisive breakdown from this phase could trigger another leg of selling.
  
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• Billion dollar boom: Jefferies identifies six sectors driving ‘India’s New Industrial Revolution’

  10-09-2026 08:39 via timesofindia.indiatimes.com
  
  Jefferies has identified several policy measures that it believes are helping these newer sectors expand, driving India’s next phase of industrial growth. These include allowing greater private-sector participation in space, providing tax holidays for data centres.
  
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• Taxman seized woman’s gold, diamonds and silver; how she won case in ITAT

  10-09-2026 07:37 via timesofindia.indiatimes.com
  
  The matter began after the woman filed her income tax return (ITR) on August 12, 2019, declaring an income of Rs 1.34 lakh. However, around a year before she filed the return, the Income Tax Department came across information about her while conducting a search at the offices of a company.
  
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• Google to invest nearly $15 billion in AI Infrastructure in Finland

  10-09-2026 06:07 via timesofindia.indiatimes.com
  
  Google is set to pour $15.1 billion into Finland within the next two years, creating three new data centres while upgrading an existing facility. This strategic move takes advantage of Finland's chilly climate and renewable energy resources. Partnering with Fortum, Google has secured a long-term nuclear power contract, promising to generate thousands of jobs and significantly enhance the Finnish economy.
  
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• Top stocks to buy today: Stock recommendations for September 10, 2026 - check list

  10-09-2026 05:06 via timesofindia.indiatimes.com
  
  Top stock market recommendations: Paytm, Nykaa, and VA Tech Wabag - these are the top stocks to buy shared by Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth for September 10, 2026.
  
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• Coforge stock tumbles 6% as chairman Bhatt resigns

  10-09-2026 00:41 via timesofindia.indiatimes.com
  
  Co's Internal Audit Flags Concerns Over Board Evaluation
  
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• Sensex tanks 813 points as crude spikes

  10-09-2026 00:30 via timesofindia.indiatimes.com
  
  Rupee Feels Heat Too, Slips To Over 95/$; Foreign Funds Sell
  
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• Adani Airports to raise $1 billion equity from global investors

  09-09-2026 22:14 via timesofindia.indiatimes.com
  
  Co Valued At $18Bn, One Of Largest Bets From FIs In Sector
  
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• Watch: Ferry erupts in flames off Philippines’ Palawan; 5 killed

  09-09-2026 19:56 via timesofindia.indiatimes.com
  
  Tragedy struck as the M/V June Aster passenger ferry ignited flames near Coron, Palawan, claiming at least five lives, as confirmed by officials. The Philippine Coast Guard swiftly initiated rescue missions, successfully saving 42 individuals from the inferno. The ill-fated ferry had embarked on its journey from Manila, carrying numerous passengers and crew members.
  
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• India’s exports grew over 15% in first five months of FY2026-27, says commerce minister Piyush Goyal

  09-09-2026 19:35 via timesofindia.indiatimes.com
  
  India's merchandise exports have grown over fifteen percent in the current fiscal year. This growth highlights BRICS economies' potential to deepen trade in goods and services. Businesses face challenges accessing finance, buyers, and predictable rules for international trade. BRICS nations are exploring common trade infrastructure and digital integration for electronic documents. Services trade also presents significant untapped potential for expanding intra-BRICS commerce.
  
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• Govt eyes ethanol blending beyond E20 with flex-fuel vehicles, says PM advisor

  09-09-2026 17:35 via timesofindia.indiatimes.com
  
  India is set to surpass its E20 ethanol blending goal, with plans for the introduction of flex-fuel vehicles that will support higher blends. This initiative aims to decrease dependency on imported crude oil, while the government investigates the potential of biofuels in diesel engines. Moreover, ethanol producers are urged to look into compressed biogas and enhanced product offerings for a sustainable future.
  
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• 86-year-old father alleged son forced him out; HC orders son to vacate home

  09-09-2026 17:28 via timesofindia.indiatimes.com
  
  When an 86-year-old man bought several parcels of land in his youngest son's name and let him stay with him in the family's ancestral house in Odisha, he did not expect their relationship to eventually turn bad.
  
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• Government-owned fuel retailers lose Rs 5 per litre on petrol, Rs 23 on diesel as oil tops $100 per barrel

  09-09-2026 15:21 via timesofindia.indiatimes.com
  
  Fuel retailers are experiencing substantial losses per litre on petrol and diesel, as international crude oil prices have recently surpassed one hundred dollars a barrel. India relies on imports for over eighty-eight percent of its crude oil consumption. Despite these soaring prices, retail rates for petrol and diesel have remained stagnant for over three months.
  
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• Small taxpayers, big relief: Rules & forms notified for Foreign Asset Disclosure Scheme 2026; what they mean

  09-09-2026 15:12 via timesofindia.indiatimes.com
  
  The Foreign Assets of Small Taxpayers - Disclosure Scheme (‘FAST-DS’ or ‘Scheme’) was announced in the Union Budget 2026. The Scheme was notified on 14 August 2026 and came into effect on 16 August 2026.
  
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• India’s bullet train shell ready for squeeze test; track testing by May-June 2027

  09-09-2026 14:56 via timesofindia.indiatimes.com
  
  Addressing the ‘NaMo for Viksit Bharat’ event in Vadodara, Vaishnaw said the first body frame of the bullet train had recently been completed and sent for a squeeze test. “By May or June of next year, India’s own bullet train will be on the tracks for testing. After a testing period of 2-4 months, the bullet train will be inaugurated by the Prime Minister himself,” Vaishnaw said.
  
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• Oil hits $100: Brent crude soars in triple digits after fresh wave of Middle East attacks

  09-09-2026 11:56 via timesofindia.indiatimes.com
  
  On Wednesday, Brent crude oil prices exceeded one hundred dollars per barrel. Heightened concerns over supply arose following new attacks on oil facilities and tankers in the Middle East. The U.S. military responded by targeting five Iranian tankers, which were involved in missile strikes, while Houthi rebels ignited oil facilities in Saudi Arabia. These escalating conflicts have driven prices higher.
  
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