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INDIA BUSINESS | Wed, 26 Aug 2026, 11:17PM IST JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and Hector Tomahawk models. Discussions are underway for the next investment phase with Chinese partner SAIC. JSW MG plans to increase its annual vehicle sales significantly in the coming years. The automaker aims to expand its production capacity beyond current plans.

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INDIA BUSINESS | Wed, 26 Aug 2026, 11:10PM IST Government assures ample onion supply for upcoming months. Robust production and buffer stocks support domestic demand. Targeted market interventions aim to stabilize seasonal price pressures. Onion exports remain strong to several key destinations. Prices of other essential vegetables and pulses are also stable.

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INDIA NEWS | Wed, 26 Aug 2026, 11:10PM IST The government affirmed that onion availability remains comfortable to meet domestic demand in the coming months, backed by robust production, buffer stocks and targeted market interventions aimed at moderating seasonal price pressures.Estimated onion production stood at 307.37 lakh metric tonnes (LMT) in 2025-26, broadly in line with 307.67 LMT recorded in the previous year, the Ministry of Consumer Affairs, Food and Public Distribution said on Wednesday.Also read: Centre to sell onions at Rs 35/kg in Delhi from Thursday amid price surgeThe ministry said onion prices typically witness seasonal pressure during the festive and wedding season because of higher demand and supply-chain factors. The scale, coverage and channels of buffer stock releases will be expanded depending on market conditions and price trends.The government has commenced calibrated and targeted releases from its onion buffer stock, with supplies being transported to major consumption centres through a hybrid model involving railway rakes and road transport.For 2026-27, the government fixed a procurement target of 2 LMT of rabi onions for the Price Stabilization Fund buffer. Procurement, which began on May 15 through NAFED and NCCF, has so far resulted in the purchase of around 1.21 LMT.Retail sale of buffer onions at Rs 35 per kg will be launched through mobile vans and retail outlets operated by NCCF and NAFED, along with Safal and Kendriya Bhandar outlets. The intervention will initially cover nine NCCF outlets and 40 mobile vans, 13 NAFED outlets and 50 mobile vans, and around 100 Kendriya Bhandar outlets.Also read: Free dhaniya no more? Indias kitchen is feeling a new food squeezeKanda ExpressThe first Kanda Express carrying onions has left Nashik for New Delhi, marking the beginning of buffer stock transportation through railway rakes in the current financial year. Simultaneously, onions are being moved by road to Chennai, Kolkata, Ernakulam, Guwahati, Varanasi, Lucknow, Patna, Chandigarh, Jammu and Amritsar.The Kanda Express has become an increasingly important logistics channel for moving onions from producing regions to consumption centres. During 2024-25, 14 railway rakes transported nearly 12,000 tonnes of onions to five cities. This expanded to 86 rakes carrying around 88,000 tonnes to 16 cities in 2025-26.Onion exports have also remained robust, with shipments during April-June 2026 standing at around 3.82 LMT. Major destinations included Malaysia, Sri Lanka, the UAE and Nepal, the ministry said.The Department of Consumer Affairs monitors daily prices of 41 essential commodities, including onions, across 579 centres nationwide. These trends, along with market arrivals and demand conditions, are being used to determine the scale and destinations of buffer stock releases.The government said prices of key pulses and essential vegetables, including tomatoes and potatoes, are currently stable and range-bound. Prices of tomatoes, potatoes and chana dal are lower than a year ago, it added.133547684

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INDIA MARKET | Wed, 26 Aug 2026, 11:09PM IST Local HFT companies are also expanding into asset classes beyond Indian equity derivatives and overseas markets, further boosting demand for talent.

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INDIA MARKET | Wed, 26 Aug 2026, 11:04PM IST Tim Curry, English actor of 'Rocky Horror', 'Clue' and 'It', dies at 80

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INDIA MARKET | Wed, 26 Aug 2026, 11:02PM IST Promoters of NSE-listed companies have raised over 7 trillion against their shareholdings, with borrowing increasingly used to fund expansion, acquisitions and new ventures

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INDIA BUSINESS | Wed, 26 Aug 2026, 10:57PM IST Japanese textile firms, including Uniqlo, are considering expanding their investments in India. They also plan to source more products from India for their global markets. Minister Piyush Goyal met with Uniqlo's CEO to discuss retail and manufacturing collaborations. Indian businesses are showing interest in meeting Japan's high-quality material and sizing requirements. This engagement signals significant growth opportunities for brands in India.

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INDIA MARKET | Wed, 26 Aug 2026, 10:56PM IST ICICI Prudential Mutual Fund led the purchases with 2.2 crore shares.

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INDIA MARKET | Wed, 26 Aug 2026, 10:53PM IST Market experts shared their insights on fundamentals and technical levels for key stocks.

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GLOBAL NEWS | Wed, 26 Aug 2026, 10:49PM IST Her idea to create a fantasy city that celebrated her home region turned into a billion-dollar attraction that maintained its authentic feel.

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GLOBAL NEWS | Wed, 26 Aug 2026, 10:49PM IST Her idea to create a fantasy city that celebrated her home region turned into a billion-dollar attraction that maintained its authentic feel.

Continue reading at The New York Times

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INDIA MARKET | Wed, 26 Aug 2026, 10:47PM IST Pakistan are yet to win the Women's Asia Cup and have not reached the final in a decade.

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INDIA MARKET | Wed, 26 Aug 2026, 10:42PM IST Iranian warship confronts Indian oil tanker attempting to cross the Strait of Hormuz.

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INDIA MARKET | Wed, 26 Aug 2026, 10:39PM IST Rohit Shetty blasts Harsh Gujral and Shagun Sharma after they refuse a high-altitude stunt.

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INDIA MARKET | Wed, 26 Aug 2026, 10:37PM IST The ADRs were trading 0.87% lower at23.43 at 9:55 pm IST.

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INDIA BUSINESS | Wed, 26 Aug 2026, 10:35PM IST JSW MG Motor India will invest Rs 6,000 crore for plant expansion and operations. The Halol plant capacity will double to 2.20 lakh units by January 2028. Discussions continue regarding JSW Group's potential acquisition of an additional stake. The company aims for 35-40 percent annual volume growth in coming years. MG Motor India is commissioning cell-to-pack assembly lines for battery storage.

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INDIA BUSINESS | Wed, 26 Aug 2026, 10:34PM IST RBI's draft data governance norms and DPDP rules are pushing banks and NBFCs to reassess fintech partnerships, contracts and third-party data risks

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INDIA MARKET | Wed, 26 Aug 2026, 10:34PM IST India and China agree on new border measures, military communication and talks to resolve the boundary dispute.

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INDIA MARKET | Wed, 26 Aug 2026, 10:33PM IST Recent market analysis has similarly highlighted 24,200-24,150 as immediate support, with 24,000 emerging as a stronger support level.

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INDIA NEWS | Wed, 26 Aug 2026, 10:32PM IST WASHINGTON: US President Donald Trump said on Wednesday that it was "time to teach Canada you can't do this anymore," just days after trade talks between the neighboring countries broke down."I had a deal, that was a pretty good deal, you know, quite good," Trump told Glenn Beck in an interview. "They don't have anything that we have to have, okay, we can get by. I mean, there are a couple of things that would make it a little inconvenient, but we can get them elsewhere. And it's time to teach Canada you can't do this anymore."Trump imposed new 50% tariffs on $20 billion of Canadian imports on Saturday after talks between the two countries collapsed.Canada hit back on Tuesday with retaliatory tariffs on about $20 billion worth of U.S. annual imports and rolled out aid for businesses and workers, matching Washington's latest duties dollar for dollar. They take effect on September 8.Trump also announced 50% tariffs on Canadian autos and parts that will take effect on January 1. Canada has said that the U.S. refused to extend tariff relief to medium- and heavy-duty vehicles as one reason it did not reach an agreement.The Canadian Embassy in Washington did not immediately comment on Wednesday.White House adviser Peter Navarro predicted on Wednesday that the deal Canada will ultimately strike with the U.S. will be worse than what was offered last week."It just is not going to end well for Canada and I predict that the deal you got, that you turned your nose up, you're never going to get that deal again," Navarro said on C-SPAN. "Whatever you get is going to be less than that."Navarro added that the U.S. deal offered to Canada "made me uncomfortable" given how advantageous he thought it was for the U.S.' northern neighbor."There's no way economically they should have turned it down," Navarro said.

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INDIA MARKET | Wed, 26 Aug 2026, 10:25PM IST A sudden, massive flood swept through two central Nepal districts bordering Tibet killing four people, causing extensive devastation at settlements along the river and damaging at least a dozen hydropower projects early Wednesday. The flood surged ...

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INDIA MARKET | Wed, 26 Aug 2026, 10:12PM IST Apple to unveil iPhone 18 Pro, Pro Max at September 9 launch event

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INDIA MARKET | Wed, 26 Aug 2026, 10:12PM IST Alpha Wave India likely to sell up to 7.8% stake in Aye Finance via block deal

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INDIA MARKET | Wed, 26 Aug 2026, 10:06PM IST The origin of the case dates back to 2013, when Kleros approached Tata Power with a proposal to jointly bid for a Russian coal deposit it estimated to contain reserves worth $1.1 billion.

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INDIA MARKET | Wed, 26 Aug 2026, 9:55PM IST India has emerged as the highest-performing market in the first half of CY2026 and has the potential to become one of the top five markets for the Swiss packaged food major.

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INDIA BUSINESS | Wed, 26 Aug 2026, 9:52PM IST Promoter SFML will join the merger on the same terms as other Sapphire Foods shareholders after its planned 18.5 per cent stake sale to Arctic International was terminated

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INDIA MARKET | Wed, 26 Aug 2026, 9:47PM IST The RBI introduced a special FCNR(B) window at its June monetary policy meeting.

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GLOBAL NEWS | Wed, 26 Aug 2026, 9:45PM IST Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.

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INDIA MARKET | Wed, 26 Aug 2026, 9:43PM IST Roger Federer received a huge reception from the US Open crowd in New York.

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INDIA MARKET | Wed, 26 Aug 2026, 9:42PM IST Morganite Crucible held a 7.84% stake in Foseco India as of the quarter ended June.

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INDIA MARKET | Wed, 26 Aug 2026, 9:36PM IST Major primary players in the steel industry have also communicated price increases.

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INDIA BUSINESS | Wed, 26 Aug 2026, 9:31PM IST Godrej Consumer Products inaugurated its new unit in Malanpur, which is now Asia's largest soap factory. This facility, costing over Rs 450 crore, will produce 4,000 soaps every minute. The Chief Minister highlighted Madhya Pradesh's successful implementation of investment MoUs. He also noted the state's increased foreign export potential reaching Rs 76,000 crore. Godrej expressed readiness to work towards malaria-free status by 2030.

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INDIA BUSINESS | Wed, 26 Aug 2026, 9:30PM IST The 36-month project will add 562 circuit km of transmission lines and 9,000 MVA of transformation capacity while supporting pumped-storage projects in Maharashtra

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INDIA MARKET | Wed, 26 Aug 2026, 9:28PM IST Hyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-commenced leases reached 25.5 GW in Q2 2026, up sharply year-on-year, with third-party operators expected to deliver an increasing share of future capacity.

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INDIA MARKET | Wed, 26 Aug 2026, 9:28PM IST Hyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-commenced leases reached 25.5 GW in Q2 2026, up sharply year-on-year, with third-party operators expected to deliver an increasing share of future capacity.

Continue reading at Economic Times

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INDIA MARKET | Wed, 26 Aug 2026, 9:27PM IST Transactions in Avenue Supermarts, Rubicon Research, Welspun Corp and other stocks pushed August block deals above 30,957 crore, the highest monthly tally since March 2024

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INDIA MARKET | Wed, 26 Aug 2026, 9:24PM IST Donald Trump said Mojtaba Khamenei was seriously wounded but remains alive.

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