Savings Effect

Pakistan has increased the bounty announced on Jaish-e-Mohammed chief Masood Azhar, among the top perpetrators of terrorist acts in India, to 7 million rupees. The reward for information leading to his arrest has been raised from PKR 20 lakh to PKR 70 lakh.

NSE to enter India's top 15 companies by market value after listing - NSE IPO to be among India's largest listed companies. - IPO price band: Rs 1,700-1,785 per share. - IPO size is Rs 22,562 crore via offer for sale.

UPI payments up to Rs 2,000 to remain free of bank charges: Govt The Finance Ministry notified the changes under the Payment and Settlement Systems Act to clarify the rules around charges on UPI transactions.

Big Tech’s $400 bn AI debt binge adds pressure on borrowing costs The US Treasury market is also vastly larger than the hyperscaler bond market

Big Tech’s $400 bn AI debt binge adds pressure on borrowing costs The US Treasury market is also vastly larger than the hyperscaler bond market

Retail inflation rises to 8-month high of 4.82% in August as food prices spike -India's retail inflation hit 4.82% in August. -This is an 8-month high, above RBI's 4% target. -Higher food prices are a key driver of inflation.

NBFC asset quality has improved but continues to lag behind commercial banks Rising stress in agriculture and commercial real estate has prompted the RBI to urge NBFCs to focus on asset quality.

The US Department of Homeland Security has removed an Transformers-style advertisement asking "Mr Singh" to self-deport following a backlash from Indian-American groups and Democratic leaders who described it as "racist propaganda". The Department of Homeland Security (DHS) used AI-generated imagery on X to push its campaign against unlicensed commercial drivers, featuring a brown-bearded man with a tagline: "Get off our roads, you don't know how to drive Mr Singh."

Indian equity markets opened lower on Friday, with the Sensex falling 593.61 points to 74,308.98 and the Nifty declining 207.50 points to 23,270.30.