Business News: Economy & Markets

PM Modi’s Tashkent visit opens key strategic option for India: Report

IANS | September 1, 2026 1:36 PM

New Delhi, Sep 1 (IANS) Prime Minister Narendra Modi’s August 29–30 visit to Tashkent has elevated India-Uzbekistan relationship from a strategic partnership to a Comprehensive Strategic Partnership. The 11 agreements signed during the visit enable India to build strategic options across a region too often treated as a blank space between Russia, China and Afghanistan, according to an article in One World Outlook.

Delhi-bound IndiGo flight makes emergency return to Goa over technical issue

IANS | September 1, 2026 12:35 PM

New Delhi, Sep 1 (IANS) An IndiGo flight from Goa to Delhi made an emergency return to Goa on Tuesday after it faced a “technical issue”.

Indian Railways approves Rs 170 crore for Kavach 4.0 on 712 route kilometres

IANS | September 1, 2026 12:08 PM

New Delhi, Sep 1 (IANS) Indian Railways has approved deployment of Kavach Version 4.0 on the remaining sections covering 712 route kilometres of the Moradabad Division, Northern Railway, at a total cost of Rs.170 crore, an official statement said on Tuesday.

Mahindra & Mahindra's auto sales rise 42 pc in August

IANS | September 1, 2026 12:05 PM

New Delhi, Sep 1 (IANS) Automobile firm Mahindra & Mahindra Ltd on Tuesday said its overall auto sales for August 2026 stood at 1,07,648 vehicles, an increase of 42 per cent year-on-year, including exports.

Fresh customs, banking reforms on cards towards 'Viksit Bharat': FM Sitharaman

IANS | September 1, 2026 11:47 AM

Asheville, Sep 1 (IANS) India is preparing further customs and banking reforms, including risk-based import screening and a high-level review of the banking sector’s role towards building a developed India, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman said.

Skyways Air Services shares make weak debut, plunge nearly 14 pc in early trade

IANS | September 1, 2026 11:28 AM

New Delhi, Sep 1 (IANS) Shares of Skyways Air Services Ltd made a weak debut on Dalal Street on Tuesday and listed at Rs 124 on the NSE -- a 10.14 per cent decline against the issue price of Rs 138, while further decreasing by about 14 per cent in early trade.

India’s manufacturing sector continues to expand in Aug amid softer demand conditions

IANS | September 1, 2026 11:21 AM

New Delhi, Sep 1 (IANS) India’s manufacturing sector continued to expand in August at 52.8, although firms reported softer demand conditions, which subsequently led to weaker increases in buying levels and stocks, according to HSBC India Manufacturing PMI data on Tuesday.

India can adjust to changes in global economy sans hurting its own growth: FM Sitharaman

IANS | September 1, 2026 10:42 AM

Asheville, Sep 1 (IANS) India has shown that it can adjust to changes in the global economy without allowing its growth to be derailed, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has said while acknowledging the country’s dependence on imported energy and fertilisers.

Tim Cook era ends as John Ternus takes over as Apple CEO

IANS | September 1, 2026 10:31 AM

New Delhi, Sep 1 (IANS) US-based technology giant Apple on Tuesday formally ushered in a new leadership era as John Ternus took over as chief executive officer (CEO), succeeding Tim Cook -- who led the world's most valuable technology company for 15 years.

India backs US growth agenda at G20; FM Sitharaman says global imbalances need to be sorted out (IANS Exclusive)

IANS | September 1, 2026 9:56 AM

Asheville, Sep 1 (IANS) India strongly supports the US G20 presidency’s focus on economic growth, global imbalances and financial literacy, Finance Minister Nirmala Sitharaman has said after holding a “positive, constructive” bilateral meeting with US Treasury Secretary Scott Bessent.