US stocks today: US stocks retreat as oil crosses $100, yields rise ahead of inflation data
INDIA MARKET | Thu, 10 Sep 2026, 1:44AM IST
US stocks fell on Wednesday as Brent crude climbed above $100 a barrel, raising fresh inflation concerns and weighing on investor sentiment. The S&P 500, Nasdaq and Dow declined as Treasury yields rose ahead of key US inflation data. Markets are also weighing the possibility of a Federal Reserve rate hike next week.
Continue reading at Economic Times
3h
Ather & Ola Electric: A tale of two contrasting rides
INDIA BUSINESS | Thu, 10 Sep 2026, 1:33AM IST
Ather Energy's stock price has significantly increased since its IPO. Ola Electric's shares are currently trading below their initial public offering price. Ather's average monthly sales have risen, while Ola's have declined sharply. Product development and management strategy differentiate these two electric scooter companies. Hero MotoCorp continues to invest in Ather, showing strong confidence in its future.
Continue reading at Economic Times
3h
SFIO seeks nod for deeper probe into Xiaomi India
INDIA BUSINESS | Thu, 10 Sep 2026, 1:25AM IST
The Serious Fraud Investigation Office seeks permission for a deeper probe into Xiaomi. This investigation will examine fund transfers and mandatory investment approvals. Xiaomi India has stated it has received no notice or communication from the SFIO. The company maintains it fully complies with all Indian laws. Regulations for Chinese investments were tightened after 2020 and recently relaxed.
Continue reading at Economic Times
3h
Hunter Bidens Laptop Crypto Coin Plummets Upon Launching
GLOBAL NEWS | Thu, 10 Sep 2026, 1:23AM IST
The presidents son portrayed his memecoin as a symbol of redemption. Critics denounced it as hypocrisy.
Continue reading at The New York Times
3h
INDIA BUSINESS | Thu, 10 Sep 2026, 1:17AM IST
Apple launched its first foldable iPhone Duo and iPhone 18 Pro models. The company also introduced the Apple Watch Series 12 and Ultra 4 wearables. New AirPods 5 with enhanced noise cancellation were also announced. Indian pricing for these devices ranges from Rs 14,900 to Rs 2,99,900. Availability for most products in India begins in September and October.
Continue reading at Economic Times
3h
India is consumer giant Unilever's blueprint for emerging-market growth: CEO
INDIA BUSINESS | Thu, 10 Sep 2026, 1:16AM IST
Unilever views India as its emerging market growth blueprint, anticipating significant expansion. The company is allocating substantial acquisition funds to build premium brands in India. Structural shifts like Gen Z and digitisation are transforming the Indian consumer landscape. Unilever leverages granular market understanding for distribution and marketing strategies. Inflation presents a challenge, which the company plans to manage through pricing and brand portfolio.
Continue reading at Economic Times
3h
French food giant Danone eyes India growth without 'burning its wings'
INDIA BUSINESS | Thu, 10 Sep 2026, 1:09AM IST
Danone aims for India to be a significant long-term growth engine.CEO Antoine de Saint-Affrique emphasizes profitable expansion, avoiding rapid market entry.The company focuses on specialized nutrition, building its Aptamil brand's credibility.India's demographics and growing demand for premium baby-care products are key.Danone is intentionally investing to build a sizable business from a small base.
Continue reading at Economic Times
4h
'Not Awkwardly Stuck': Why Apple's iPhone Duo Could Be The Foldable That Finally Gets It Right
INDIA MARKET | Thu, 10 Sep 2026, 1:03AM IST
Apple's iPhone Duo combines two displays in a passport-sized foldable design
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4h
Extreme heat creates new winners in Indias FMCG basket
INDIA BUSINESS | Thu, 10 Sep 2026, 1:02AM IST
Indian households faced increased summer expenses, affecting grocery budgets significantly. Chocolate and dairy consumption declined while hydration products saw higher demand. FMCG companies reported shifts in sales, with glucose and juices performing well. Peak-risk households showed a greater need for summer-adapted products. Brands must adapt portfolios to meet evolving consumer needs during extreme heat.
Continue reading at Economic Times
4h
Smartphone cos step up festive hiring
INDIA NEWS | Thu, 10 Sep 2026, 12:46AM IST
NEW DELHI: Hiring of temporary and seasonal workers for festive season sales of smartphones are expected to be 34% higher than 2025, reaching around 39,600 in 2026 driven by the need for assisted selling, financing-led conversions, and stronger product demonstrations amidst steep price hikes denting demand, staffing firms said.According to Quess Staffing Solutions, hiring in smartphone retail increased 36.3% year-on-year in the January-August 2026 period, with August alone seeing the highest monthly level on record."This momentum is also reflected in the festive outlook, with July-December hiring expected to reach around 39,600, approximately 34% higher than 2025," said Nitin Dave, CEO, Quess Staffing Solutions.Also Read: Fortune Hospitality plans Rs 60,000-crore AI data centre parkBrands and manufacturers have also initiated recruitment significantly earlier this year, moving away from reactive, last-minute hiring towards a more structured pipeline initiated 12-14 weeks ahead of the festive peak, said Yeshab Giri, chief commercial officer, operational talent solutions, Randstad India. Randstad expects seasonal hiring to grow 12-15% increase over last festive season, led by targeted deployment across retail counters, field sales, and consumer engagement roles. "While higher device prices are creating some pressure on volumes, they are also increasing the importance of assisted selling, financing-led conversions, and stronger product demonstrations," Giri said.133982074133982091Staffing firm Teamlease said ecommerce and logistics players have already started large-scale onboarding of seasonal workers, with one platform alone targeting over 1,000,000 seasonal roles this cycle, split across its seller network and logistics ecosystem.Also Read: Delhi HC refuses to quash criminal case against Supertech executivesWorkers being hired well ahead of the festive period this year ties directly to the longer festive runway this year, with the promotional window starting from August through mid-November, said Balasubramanian A, senior vice-president and business head, TeamLease. However, TeamLease said hiring activity for the smartphone sector is expected to lag behind the overall electronics and consumer durables segment due to the steep price hikes eating into sales volumes, with the industry prioritising certain regions and sectors where sales are expected to be higher.Large-format retail is seeing stronger hiring demand this season, TeamLease said, while general trade-linked field sales and distribution roles are focused on areas where higher volumes of sales are expected."This tracks with tier-1 metros' rising share of frontline hiring (40.5% in 2026, up from 33.1% in 2024), driven by organised retail and quick-commerce scaling," TeamLease said, adding that brands are also prioritising roles such as area sales managers, in-store promoters, and feet-on-street sales roles which is expected to grow 9-10% in FY27, among the highest in electronics sector.
Continue reading at Economic Times
4h
Smartphone companies step up festive hiring
INDIA BUSINESS | Thu, 10 Sep 2026, 12:46AM IST
Brands and manufacturers have also initiated recruitment significantly earlier this year, moving away from reactive, last-minute hiring towards a more structured pipeline initiated 12-14 weeks ahead of the festive peak, said Yeshab Giri, chief commercial officer, operational talent solutions, Randstad India. Randstad expects seasonal hiring to grow 12-15% increase over last festive season, led by targeted deployment across retail counters, field sales, and consumer engagement roles.
Continue reading at Economic Times
4h
National Consumer Helpline Facilitates Refunds Worth Over Rs 105 Crore Between April 2025-July 2026
INDIA MARKET | Thu, 10 Sep 2026, 12:46AM IST
The e-commerce sector accounted for the largest share of complaints.
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4h
'Apple enters late but sets the rules': A $1,999 bet on the foldable market with iPhone Duo
INDIA BUSINESS | Thu, 10 Sep 2026, 12:43AM IST
Apple has launched its first foldable iPhone, the iPhone Duo, priced at $1,999. This strategic entry aims to leverage the existing iPhone user base for category growth. Analysts believe Apple's late entry will allow it to shape the foldable market. The company expects to ship ten million units in the first year.
Continue reading at Economic Times
4h
Buy, Sell Or Hold: Apollo Hospitals, Torrent Pharma, M&M, IEX And Shakti Pumps Ask Profit
INDIA MARKET | Thu, 10 Sep 2026, 12:34AM IST
Market experts shared their insights on fundamentals and technical levels for key stocks.
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4h
Apple launches iPhone Duo, 18 Pro series, AirPods 5, and more: Highlights
INDIA MARKET | Thu, 10 Sep 2026, 12:33AM IST
Apple's Surprise and Shine event brought its first foldable iPhone, the iPhone Duo, alongside the iPhone 18 Pro series, new Apple Watch models and AirPods 5
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4h
Northern Coalfields ramps up coal production after rains ease
INDIA BUSINESS | Thu, 10 Sep 2026, 12:33AM IST
Northern Coalfields Limited has boosted coal output and deliveries significantly. This increase follows the easing of monsoon rains, aiding supply chains. Power plants in Uttar Pradesh, Madhya Pradesh, and Rajasthan are now receiving more coal. NCL has produced over fifty-one million tonnes of coal this year. Approximately eighty-seven percent of these supplies are directed to the power sector.
Continue reading at Economic Times
4h
Front-of-pack labels: Food Inc serves a diff play
INDIA NEWS | Thu, 10 Sep 2026, 12:31AM IST
New Delhi: The All-India Food Processors' Association (AIFPA), which counts packaged food companies such as Nestle, Coca-Cola, ITC, Haldiram and others among its members, has intervened in the Supreme Court seeking that the proposed front-of-pack nutrition labels ((FOPL) be based on per-serving consumption rather than a uniform per 100 gram or 100 ml benchmark.This comes after the Food Safety and Standards Authority of India (FSSAI) told the top court that it was considering mandatory red hexagonal front-of-pack warning labels for packaged foods and beverages high in nutrients such as sugar, salt or saturated fat. The food regulator was pulled up by the court for not implementing the FOPL even after a decade of deliberations.The FSSAI proposed thresholds would draw on the ICMR-National Institute of Nutrition's Dietary Guidelines for Indians, 2024, which use a per 100 gram or 100 ml reference for determining whether a product is "high" in these nutrients.133981558Also Read: Raids, shutdowns, warning labels - India's unprecedented food safety push"The proposed 'high-in' thresholds, being absolute values per 100 g/100 ml, do not appear to have been independently cross-checked against this percentage-of-daily-intake approach," AIFPA said in the court filing, adding that the "existing regulation already reflects a percentage-of-daily-intake, per-serve methodology".The food industry has long argued that different food categories should be assessed according to the quantities in which they are normally consumed rather than applying the same 100-gram benchmark across products.For instance, the nutrient content of pickle could be assessed against a 5-gram serving while buttermilk could be assessed against a 100-gram serving.Currently, packaged food companies are required to disclose nutritional information on labels, including total sugar, added sugar, total fat, saturated fat and sodium in bold letters and relatively increased font size per pack along with how much they contribute to the recommended daily limit on the back of the pack.There is currently no mandatory front-of-pack warning that explicitly identifies a packaged food as being high in fat, salt or sugar.Also Read: Too weak, too strict- India's food warning labels draw fire from all sidesIn its affidavit filed on September 9, AIFPA said the ICMR-NIN guidelines prescribe daily dietary limits and not regulatory cut-offs intended to classify individual packaged foods. It argued that converting those recommendations directly into fixed per 100-gram thresholds could overlook the amount of a product that consumers eat.AIFPA, in the court filing, said that a uniform warning-label regime could disproportionately affect traditional foods and smaller food businesses, particularly MSMEs, because of reformulation costs and limited research and development capabilities.
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4h
Front-of-pack labels: Food Inc bats for per-serving benchmark in SC, not FSSAIs per 100 gm plan
INDIA BUSINESS | Thu, 10 Sep 2026, 12:31AM IST
The All-India Food Processors' Association has intervened in the Supreme Court regarding proposed nutrition labels. They seek labels based on per-serving consumption, not a uniform benchmark. This comes after the FSSAI proposed mandatory red hexagonal warning labels for certain packaged foods. The industry argues that different food categories should be assessed by normal consumption quantities. This approach could impact traditional foods and smaller businesses due to reformulation costs.
Continue reading at Economic Times
4h
Indias power demand crosses 260 GW in September heat, coal stocks tighten
INDIA BUSINESS | Thu, 10 Sep 2026, 12:26AM IST
India's peak power demand has significantly increased this September, exceeding last year's levels. Sultry weather and deficient rainfall are driving higher cooling and irrigation needs. This sustained demand has pressured thermal power projects as hydro generation slowed. Critically low coal inventories at many plants prompted increased supplies and improved rake loading. Northern Coalfields Ltd has boosted production and dispatches, easing supply disruptions for power plants.
Continue reading at Economic Times
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