India’s demand for Russian oil driven by supply shocks, not discounts: Report

IANS | September 22, 2026 10:04 AM

New Delhi, Sep 22 (IANS) India’s increased Russian crude imports are being driven by West Asia supply disruptions rather than discounts, with imports averaging 60 million barrels per month, since the start of the US-Iran war, compared to 46 million barrels a month during FY23-26, a report showed on Tuesday.

Withdraw call for strike, govt urges employees of public sector banks

IANS | September 21, 2026 8:52 PM

New Delhi, Sep 21 (IANS) The government on Monday appealed to employees of public sector banks and regional rural banks to call off their proposed 3-day strike from September 28 to 30 as it has already fulfilled one of their main demands by holding the Performance Linked Incentive (PLI) scheme in abeyance.

India poised to produce global consumer electronics champions: Nothing CEO

IANS | September 21, 2026 8:33 PM

New Delhi, Sep 21 (IANS) India is on track to produce its own global consumer electronics champions, Nothing CEO Carl Pei said on Monday, highlighting the country’s large smartphone market, young population, manufacturing base and growing need for home-grown research and development capabilities.

FTA sets stage for $20 billion investment from New Zealand to flow into India

IANS | September 21, 2026 8:14 PM

New Delhi, Sep 21 (IANS) The FTA with New Zealand, which kicks in on October 20, also sets the stage to facilitate the flow of $20 billion in investment into India, and this will benefit Indian agriculture, manufacturing, infrastructure and startups, the Commerce and Industry Ministry said on Monday.

Mobile phone retailers seek exemption from UPI charges

IANS | September 21, 2026 7:15 PM

New Delhi, Sep 21 (IANS) The All India Mobile Retailers Association (AIMRA) has requested the Finance Ministry to exempt small and medium mobile phone retailers from any proposed Merchant Discount Rate (MDR) or transaction charges on UPI payments, claiming that they are already operating on very thin business margins.

NSE IPO: GMP drops from Rs 285 to Rs 55 ahead of listing

IANS | September 21, 2026 6:50 PM

Mumbai, Sep 21 (IANS) The grey market premium (GMP) for the much-awaited Rs 22,569 crore NSE initial public offering (IPO) fell sharply ahead of the share allotment and listing, even as the issue attracted healthy investor participation and closed with an overall subscription of 5.67 times on the final day of bidding.