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FIIs sold equities worth Rs 1,795 crore during the week amid US-Iran conflict

Foreign Institutional Investors (FIIs) continued to be sellers in the domestic equity market for the fourth consecutive week offloading Rs 1,795 crore during last week

12 September,2026 07:02 PM IST | Mumbai | mid-day online correspondent
Business News

India's space economy likely to touch Rs 4.22 lakh crore by 2030: Report

To achieve this growth target over the next seven to eight years will require coordinated efforts among government agencies, private industry, startups, investors, academic institutions and strategic users

12 September,2026 05:47 PM IST | New Delhi | mid-day online correspondent
Business News

Accelerated government divestments could support fiscal aims: Axis Capital

Government’s holdings in listed companies have grown to around Rs 44 lakh crore, nearly four times the level seen before COVID-19

12 September,2026 05:14 PM IST | New Delhi | mid-day online correspondent
Business News

India's ethanol supplies touches 895 crore litres in August: AIDA

It is equivalent to around 85 per cent of the 1,048 crore litres contracted for the period

12 September,2026 04:16 PM IST | New Delhi | IANS
Business News

Zomato starts levying up to Rs 20 as cash on delivery fees

The fee is separate from Zomato’s platform fee, restaurant packaging charges and GST, while customers who pay online are not charged the COD fee

12 September,2026 03:55 PM IST | New Delhi | IANS
Business News

SEBI proposes changes to settlement price methodology for derivative contracts

At present, the closing price arrived at through CAS also serves as the basis for determining settlement prices of derivative contracts on expiry

12 September,2026 03:37 PM IST | New Delhi | mid-day online correspondent
Business News

Gold prices decline nearly 2 per cent this week amid US Fed rate hike concerns

On Friday, MCX gold futures expiring in October declined 0.08 per cent while MCX silver futures (September) shed 0.04 per cent. MCX Gold stood at Rs 1,52,655, while silver stood at Rs 2,34,886 per kg on the commodity exchange

12 September,2026 03:05 PM IST | New Delhi | IANS

India becomes world's fourth-largest forex reserve holder

With the USD 44.9 billion increase in its forex kitty to a record USD 785.7 billion during the week ended September 4, India has dislodged Russia from the fourth spot and is now ranked only behind China, Japan, and Switzerland

12 September,2026 02:48 PM IST | Mumbai | IANS

Finance Minister urges RBI to sharpen digital rupee capabilities

The finance minister also flagged cybersecurity, urging the financial services ecosystem to pay sufficient attention to the issue and warned that the capabilities of autonomous systems powered by artificial intelligence are growing faster

12 September,2026 01:09 PM IST | Mumbai | PTI

India-China: Here's a snapshot of trade between the 2 nations

The bilateral trade between the two countries rose 7.9 per cent in 2025-26 to USD 127.7 billion from USD 118.39 billion in 2024-25

12 September,2026 12:41 PM IST | New Delhi | PTI

Vehicle sales in Maharashtra grows 11.6 per cent to 2.66 lakh units in August

However, the three-wheeler sales declined sharply at 37.88 per cent to 4,323 units in August 2026 from 6,959 units in the same month of 2025

12 September,2026 11:36 AM IST | Mumbai | mid-day online correspondent

BMW India plans to hike prices again amid forex pressure, high commodity costs

The auto maker has cumulatively hiked prices by up to 5 per cent for the BMW and MINI vehicle portfolios spread across three price revisions in 2026 till now in India

12 September,2026 10:40 AM IST | New Delhi | PTI

SBI Research advocates a 25 basis point hike in repo rate in October, December

The apex bank had kept the rates unchanged for the fourth consecutive time in its August Monetary Policy Committee meeting, maintaining the repo rate at 5.25 per cent

12 September,2026 10:20 AM IST | New Delhi | mid-day online correspondent

    Union Budget 2024: How will budget impact your Income, Savings & Taxes?

    The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you. 

    24 July,2024 07:05 PM