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Business

Read latest Business stories, updates and explainers from the News 24/7 desk on Rajatheertha.

38 stories

Business archive

Business•Banking•23 Sept 2026

Bank Strike September 28-30: SBI, PNB and Other Banks Issue Advisories as Customers Prepare

SBI, PNB and other public-sector banks have issued advisories ahead of the proposed September 28-30 nationwide bank strike. PSBs and RRBs will open on Sunday, September 27, while branch-dependent services could face disruption during the strike.

Rajatheertha Team•14 min read
Customers using a public-sector bank branch ahead of the proposed September 28-30, 2026 nationwide bank strike
Business•Stock Market•
23 Sept 2026

Sensex, Nifty End Higher on September 23 as Metals Rally and Crude Oil Eases: Top Gainers & Market Drivers

Sensex and Nifty opened higher and extended gains on September 23, led by metals, FMCG and realty stocks as crude oil eased and global cues improved. Bajaj Finance, Hindalco and Tata Steel were among the strongest Nifty gainers.

Rajatheertha Team•11 min read
Indian stock market screens during a positive Sensex and Nifty trading session on September 23, 2026
Business•Markets•22 Sept 2026

ONGC Strikes Gas at Deepwater Well Off Odisha Coast; Commercial Potential Under Evaluation

ONGC has struck natural gas at a deepwater well about 43 km off Konark in Odisha's Mahanadi Offshore Basin. The well has shown encouraging flow and reservoir pressure, but reserve size and commercial viability still require appraisal.

Rajatheertha Team•11 min read
Illustrative deepwater drilling operation in the Mahanadi Offshore Basin off Odisha, where ONGC has reported a natural gas discovery
Business•Markets•22 Sept 2026

Indian Oil Approves ₹2,449-Crore Kochi–Thoothukudi Gas Pipeline: Route, Capacity and Impact

Indian Oil has approved ₹2,448.70 crore for a 424.65-km natural gas pipeline linking Kochi with Thoothukudi via Kanyakumari. The project will have 6.84 MMSCMD capacity and strengthen gas connectivity across southern India.

Rajatheertha Team•11 min read
Illustrative natural gas pipeline construction representing Indian Oil's planned Kochi-Kanyakumari-Thoothukudi pipeline
Business•Markets•21 Sept 2026

Crude Oil Price Today: Brent Falls Near $102 as Saudi Supply Recovery Offsets Houthi Attack Risks

Global crude oil prices fell sharply on September 21, 2026, with Brent dropping toward $102 a barrel and US West Texas Intermediate slipping below $99, as recovering Saudi Arabian export flows and hopes for renewed US-Iran diplomacy outweighed immediate fears from Houthi missile and drone attacks on

Rajatheertha Team•11 min read
global crude oil price movements amid Middle East supply risks and Saudi export recovery
Business•Economy•21 Sept 2026

Iran Economy Shrinks 10.1% as War and Oil Disruptions Deepen Economic Crisis

Iran’s economy contracted by 10.1% year-on-year during the first quarter of its current Persian calendar year, according to official data, with a collapse in oil and natural-gas activity driving much of the decline. The figures cover the first months of the US-Israel conflict with Iran, although the

Rajatheertha Team•11 min read
Iran’s economic contraction driven by oil disruptions and wartime pressures
Business•Economy•20 Sept 2026

Bank of Japan Raises Interest Rate to 1.25%, Highest Since 1995 as Inflation Risks Build

The Bank of Japan has raised its benchmark interest rate to 1.25%, taking borrowing costs to their highest level in 31 years as policymakers step up efforts to prevent inflation from moving persistently above the central bank’s target.

Rajatheertha Team•5 min read
Business•Markets•18 Sept 2026

ByteDance Founder Zhang Yiming Overtakes Gautam Adani to Become Asia’s Richest Person With Fortune Above $105 Billion

The claim is confirmed by the Bloomberg Billionaires Index and fresh September 18 reporting. Zhang Yiming’s estimated wealth has climbed to about $105 billion as higher ByteDance valuations and the company’s expanding AI business push him ahead of Gautam Adani.

Rajatheertha Team•7 min read
the rise of ByteDance founder Zhang Yiming to the top of Asia’s wealth rankings
Business•Markets•18 Sept 2026

Tata Sons Board Backs Chandrasekaran for Third Five-Year Term; Tata Trusts Challenges Reappointment

The Tata Sons board voted 4-1 to give N. Chandrasekaran another five years as executive chairman after his current term ends in February 2027. Noel Tata opposed the proposal, while Tata Trusts has formally argued that the resolution is invalid under Tata Sons’ Articles of Association.

Rajatheertha Team•9 min read
Business•Markets•17 Sept 2026

Fed Raises Rates for First Time Since 2023 as Trump Accuses Policymakers of Political Motives

The Federal Reserve unanimously lifted its benchmark rate by 25 basis points to 3.75%-4.00% as inflation remained stubbornly above target. President Donald Trump demanded rates of 1% or lower and attacked the Fed board as political, although he said he still has confidence in Chair Kevin Warsh.

Rajatheertha Team•9 min read
the Federal Reserve’s first interest-rate increase since 2023 and the resulting political debate over monetary policy
Business•Trade•16 Sept 2026

India’s August Goods Exports Rise 26% to $43.81 Billion; Trade Deficit Narrows to $26.86 Billion

Merchandise exports recorded strong year-on-year growth in August 2026, led by electronics, petroleum products and engineering goods. The goods trade deficit fell sharply from July, helped partly by lower gold imports, although merchandise imports remained elevated at $70.67 billion.

Rajatheertha Team•8 min read
India’s strong merchandise export growth and narrowing trade deficit in August 2026
Business•Personal Finance•16 Sept 2026

Cabinet Raises EPFO Wage Ceiling to ₹25,000; Over 51 Lakh More Workers Expected to Get Mandatory Coverage

The Union Cabinet has approved the first increase in the EPFO wage ceiling since 2014, raising it from ₹15,000 to ₹25,000 a month. The change expands mandatory provident fund coverage, but it does not mean every employee earning above ₹25,000 loses EPF eligibility or that ₹25,000 will be deducted fr

Rajatheertha Team•11 min read
the Union Cabinet’s decision to raise the EPFO wage ceiling and expand mandatory provident fund coverage for workers
Business•Economy•13 Sept 2026

BRICS Pushes Faster Cross-Border Payments, Local-Currency Trade and Resilient Supply Chains

The New Delhi Declaration backs more interoperable payment systems and voluntary use of national currencies while calling for diversified critical-mineral supply chains, as India’s expanding semiconductor ecosystem highlights the commercial stakes behind the resilience agenda.

Rajatheertha Team•13 min read
Editorial illustration representing BRICS cross-border payments, national-currency trade, critical-mineral supply chains and India’s growing semiconductor manufacturing sector
Business•Markets•10 Sept 2026

Oil Prices Surge Above $100 as US-Iran Conflict Threatens Global Energy Supplies

Brent crude has surged above $100 as US-Iran hostilities disrupt Middle East oil supplies, raising concerns over inflation, markets and India’s import costs.

Rajatheertha Team•11 min read
Business•Markets•10 Sept 2026

John Ternus Takes Over as Apple CEO as Tim Cook Becomes Executive Chairman

John Ternus has officially succeeded Tim Cook as Apple CEO, while Cook remains at the technology giant as executive chairman after 15 years at the helm.

Rajatheertha Team•12 min read
Apple CEO John Ternus and executive chairman Tim Cook representing Apple’s major 2026 leadership transition
Business•Markets•7 Sept 2026

Anthropic Moves Toward Potential $2 Trillion IPO as Morgan Stanley, Goldman Sachs Eye Top Roles

Claude maker Anthropic is preparing for a potentially historic IPO, with investors discussing a valuation of $2 trillion or more, though the filing timetable remains subject to change.

Rajatheertha Team•9 min read
Anthropic and Claude branding representing the AI company’s preparations for a potentially $2 trillion public listing
Business•Jobs & Careers•7 Sept 2026

SBI Plans Around 12,000 Recruitments in FY27: What Job Aspirants Should Know

SBI Chairman C. S. Setty says the bank expects around 11,000–12,000 appointments across clerical and officer cadres in FY27. Here’s what candidates should know about the hiring plan and notifications.

Rajatheertha Team•10 min read
State Bank of India branch representing SBI’s plan to recruit around 12,000 employees during FY2026-27
Business•25 Aug 2026

Karnataka Suspends Food Licences of Amazon, Swiggy Instamart and BigBasket Over Poisonous Datura Listings

Karnataka has suspended food licences linked to Amazon, Swiggy Instamart and BigBasket until further orders after authorities found poisonous Datura fruits and seeds being offered online as food. Here’s what actually happened and what the order means for consumers.

Rajatheertha Team•6 min read
Amazon, Swiggy Instamart and BigBasket under Karnataka food-safety action following investigation into poisonous Datura products offered online as food

Showing 21-38 of 38

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