India Is Again Squeezed Between the Threat of Trump Tariffs and Russian Oil
GLOBAL NEWS | Sun, 20 Sep 2026, 12:28AM IST
India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
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Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure services
INDIA BUSINESS | Sat, 19 Sep 2026, 11:50PM IST
Financial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrupted banking services during a proposed three-day strike from September 28. AIBEA is demanding a five-day banking week and has warned of an indefinite strike from October 26 if its demand remains unresolved.
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NHBF seeks 3-month road relief extension
INDIA NEWS | Sat, 19 Sep 2026, 11:39PM IST
New Delhi: The National Highways Builders Federation (NHBF) has sought further extension on relief measures beyond September 30 for another three months to help road concessionaires tide over financial stress in ongoing projects as the West Asia crisis continues to disrupt supply chains."The geopolitical situation in West Asia remains uncertain, with continued volatility in crude oil prices, fuel costs, transportation and logistics expenses, and supply chains," NHBF said in its request to the ministry of road transport and highways.Also Read: Nitin Gadkari has a new plan for Mumbai trafficET has seen a copy of the request made to the ministry.134358969"Consequently, contractors and concessionaires continue to face abnormal financial and operational pressures which are beyond their reasonable control," it added. The association requested the government extend the applicability of the relief measures for a further three months, until December end, or until the prevailing abnormal market conditions substantially stabilise.Also Read: NHAI makes 80% plantation key to highway completion certificateNHBF argued that the discontinuation of the existing relief measures with effect from 30.09.2026, while the underlying circumstances continue to remain substantially unchanged, may result in significant financial stress on ongoing projects."This could adversely affect project cash flows and execution, particularly for projects already operating under constrained margins, and may also give rise to avoidable claims, disputes and delays," it said.NHBF said the latitude would provide the necessary certainty to contractors and concessionaires to continue executing projects through a period of uncertainty."It would also help the financial viability of ongoing contracts, minimise avoidable contractual disputes and facilitate timely completion of critical National Highway projects," it added.
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INDIA BUSINESS | Sat, 19 Sep 2026, 11:28PM IST
Railways has approved multiple infrastructure and safety projects across the country, including Kavach 4.0 installation on 607.7 route kilometres in Lucknow Division at Rs 252 crore, Electronic Interlocking at seven Solapur Division stations for Rs 209 crore, a 1x25 kV to 2x25 kV traction upgrade on the Savalyapuram-Guntur section for Rs 142 crore, and a four-lane road overbridge in Gujarat costing Rs 133.2295 crore. The projects aim to strengthen railway safety, signalling, traction capacity and operational efficiency.
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Vaishnaw Warns Of Cyberattacks, Disruptions As India Builds Semiconductor Ecosystem
INDIA MARKET | Sat, 19 Sep 2026, 11:16PM IST
Vaishnaw cautions India's semiconductor industry against cyberattacks and other geopolitical threats.
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Canada upbeat on concluding trade talks with India by year-end: Minister
INDIA NEWS | Sat, 19 Sep 2026, 11:07PM IST
Canadian Prime Minister Mark Carney had previously said during a trip to New Delhi in March that the two countries would aim to agree a free trade pact by the end of the year
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Iran May Exit Nuclear Treaty If US, Israel Keep Up Pressure: Rezaei
INDIA MARKET | Sat, 19 Sep 2026, 11:05PM IST
Iran's security chief Mohsen Rezaei warns US actions could push Tehran out of the NPT.
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FinMin To Meet PSB, RRB Chiefs On Monday To Ensure Banking Services During Three-day Strike
INDIA MARKET | Sat, 19 Sep 2026, 10:59PM IST
The Finance Ministry has called a meeting of chief executives of public sector banks and regional rural banks on Monday to discuss measures to ensure continuity of banking operations and essential customer services during the three-day strike.
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Chip majors make beeline for Semicon to build wider ecosystem with Indian talent
INDIA BUSINESS | Sat, 19 Sep 2026, 10:57PM IST
The government has announced the Semicon 2.0 scheme with an incentive of around Rs 1.27 lakh crore or USD 13.5 billion to build the semiconductor ecosystem. Union Minister Ashwini Vaishnaw said investment proposals worth USD 12 billion are likely to come under the new scheme for chip production.
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Trump to form 'AI Force', name AI czar
INDIA NEWS | Sat, 19 Sep 2026, 10:55PM IST
US President Donald Trump on Truth Social said he is forming an "AI Force," like the Space Force of his first term, and will soon announce an AI "Czar", as he called the "destruction" of artificial intelligence the latest "Hoax" by the "Radical Left" Democrats.Trump said he, "as President of the United States, will not stand by and let this happen".He listed the Russia and Ukraine allegations, global warming, his two impeachments, men in women's sports and "Transgender for Everyone" among the earlier "Hoaxes" he blamed on the Democrats.Also read: Denmark emerges smiling from Trump-Greenland deal, experts sayHe said the attack on AI began with an attack on data centres, which he claimed had "largely failed" once people realised the benefits to their communities. He listed these as higher salaries, lower taxes and safer streets.He said critics were now "going straight at AI", in the same way that "Global Warming" was changed to "Climate Change", which he said covers "a much larger 'territory' of doubt"."We will not in any way hinder or stifle the Growth of this incredible Industry. Rather, we will cherish it, help it, and watch over it, as it grows," Trump said.He said the government would also be "looking for BAD", which he said it could do "very easily" through the existing criminal and civil justice system. The AI Force is being formed for this purpose, Trump said, adding that the Space Force had been a "tremendous SUCCESS" in his first term.On the AI Czar, Trump said, "Only High I.Q. individuals need apply!"He said AI is the next Industrial Revolution or Internet, but "even larger and more impactful", possibly as much as 25 per cent of US GDP. "We are leading China, and the rest of the World, and I intend to keep it that way," he said.On Monday, Trump dismissed fears that AI could take over or destroy humanity as a "HOAX" in posts on Truth Social. He said the only "guardrails" AI needs is "a STRONG AND SMART (High IQ!) PRESIDENT".Also read: Trump says US reached 'infinite' security deal with Denmark over GreenlandHe said his administration already has "tremendous CRIMINAL and REGULATORY power over these companies", and named Anthropic chief executive Dario Amodei in his posts. He also alleged a "SICK conspiracy" against AI and data centres, saying China was the only one happy about it.Since returning to office in January 2025, Trump has backed rapid AI development and US dominance in the field. That month, he signed an executive order to "sustain and enhance America's AI dominance" and hosted the announcement of Stargate, a data centre venture of OpenAI, SoftBank and Oracle worth up to $500 billion.
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INDIA MARKET | Sat, 19 Sep 2026, 10:52PM IST
The pilots' body, in its letter dated September 18, also said that a "detailed and comprehensive" examination of all electrical and electronically controlled systems should form an important component of the ongoing investigation.
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INDIA MARKET | Sat, 19 Sep 2026, 10:49PM IST
Salman Khan calls out troll culture during Bigg Boss 20 Weekend Ka Vaar.
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CNN, MS NOW and Politico Barred From White House After Trumps Ban
GLOBAL NEWS | Sat, 19 Sep 2026, 10:39PM IST
The prohibition on certain journalists was a major escalation in President Trumps war on the media, and will probably face a legal challenge.
Continue reading at The New York Times
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Festive Season Likely To Create 2-2.5 Lakh Jobs Between July And December: Report
INDIA MARKET | Sat, 19 Sep 2026, 10:37PM IST
As the country enters the festive season, businesses across e-commerce, quick commerce, retail, logistics, hospitality, travel and consumer services are preparing for one of the year's most concentrated periods of demand.
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India At Asian Games 2026 Day 2: Full Schedule, Timings And Medal Events For September 20
INDIA MARKET | Sat, 19 Sep 2026, 10:37PM IST
The 2026 Asian Games are taking place in Aichi-Nagoya, Japan, from September 19 to October 4.
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INDIA BUSINESS | Sat, 19 Sep 2026, 10:26PM IST
Indian pilots are urging a thorough investigation into the Boeing 787's electrical systems. This follows a fatal Air India crash which killed 260 people last year. Evidence of chronic system failures has reportedly been shared with the probe agency. The Federation of Indian Pilots wants a detailed examination of all electronic components. This comprehensive evaluation is crucial for determining the accident's cause.
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FIP seeks Boeing 787 electrical probe
INDIA NEWS | Sat, 19 Sep 2026, 10:26PM IST
Mumbai: The Federation of Indian Pilots (FIP) has asked the probe agency AAIB to carry out a comprehensive evaluation of electrical system evidence related to Boeing 787 planes during its investigation into the Air India aircraft crash that killed 260 people in June last year.The pilots' body, in its letter dated September 18, also said that a "detailed and comprehensive" examination of all electrical and electronically controlled systems should form an important component of the ongoing investigation, given the concerns previously raised regarding electrical system reliability and the central role played by electrical architecture in the B787 design philosophy.Also Read: Air India flight from Delhi to Kathmandu diverted back after reporting "technical issues"The letter comes in the wake of the US-based Foundation of Aviation Safety reportedly questioning India's Aircraft Accident Investigation Bureau (AAIB) on why it has not issued interim safety recommendations for the B787 fleet despite "holding evidence of chronic system failure" on the aircraft involved in the crash in Ahmedabad in June last year.Air India's Boeing 787-8, or Dreamliner, with registration VT-ANB, en route to London Gatwick, crashed soon after takeoff on June 12, 2025, killing 241 people onboard and 19 on the ground.A lone passenger survived, while all 12 crew members died in the AI171 accident that happened during the initial climb.Also Read: Delhi Airports third runway returns after 7-month revampAmong the passengers who died were citizens from India, the UK, Portugal and Canada.VT-ANB aircraft was operating flight AI171.According to FIP, the Boeing 787 plane's advanced electrical architecture warrants particularly careful scrutiny of all available technical evidence relating to electrical generation, power distribution, avionics integration, data-network performance, software functionality and system reliability.The grouping has suggested AAIB to conduct a "comprehensive evaluation of Boeing 787 electrical system evidence, consideration of technical data submitted by the Foundation for Aviation Safety and issuance of appropriate safety recommendations in the AI171 accident investigation".Last month, FAS sent a letter to AAIB regarding the probe into the AI171 crash and mentioned "hundreds of official non-public documents about the VT-ANB aircraft" that were provided to it through the UK AAIB."These documents explicitly detail chronic, systemic aircraft failures involving the aeroplane's electrical, electronic, and/or flight computer systems," FAS said, adding that the data was relevant to determining the potential of the AI171 crash.Manufactured in 2013, the VT-ANB aircraft, powered by GE engines, had flown 41,868 hours and its Airworthiness Review Certificate (ARC) was valid till May 23, 2026.In its interim statement on the AI171 crash probe, AAIB on June 12 said significant progress has been made and that the final report will be released upon completion of all investigative activities, requisite international review and consultation processes.Without providing specific details about the probe status or findings so far, AAIB had also said the investigation team has undertaken an extensive and rigorous examination of all relevant technical, operational, organisational and human factors associated with the accident over the last year.
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India's FTAs Opening New Career Opportunities For Youth: PM Modi
INDIA MARKET | Sat, 19 Sep 2026, 10:25PM IST
The prime minister said that the talent and skills of India's youth have won the trust of the entire world, which has great expectations from Indian innovators, entrepreneurs and the country's youthful strength.
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INDIA MARKET | Sat, 19 Sep 2026, 10:13PM IST
Sardar 2 stars Karthi, alongside Malavika Mohanan, Ashika Ranganath, Nassar, Ashish Vidhyarthi among others.
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Centre, States Discuss Financing Strategies For Viksit Bharat At First Finance Conference
INDIA MARKET | Sat, 19 Sep 2026, 10:02PM IST
State finance ministers discuss financing agriculture, energy transition and Viksit Bharat.
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OMCs' LPG Under-Recovery Rises To Rs 62,000 Crore In August From Rs 59,000 Crore In July
INDIA MARKET | Sat, 19 Sep 2026, 9:55PM IST
Under recovery surged even as government paid OMCs compensation of Rs 30,000 crore during FY 2025-26 and FY 2026-27.
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Canadian Trade Minister Maninder Sidhu Confident Of Wrapping Up India Trade Talks By Year-End
INDIA MARKET | Sat, 19 Sep 2026, 9:54PM IST
Canada expects to conclude CEPA negotiations with India by year-end.
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INDIA MARKET | Sat, 19 Sep 2026, 9:26PM IST
Irumudi stars Ravi Teja in the lead, alongside Priya Bhavani Shankar, Sai Kumar, Ajay Ghosh and Swasika Vijay.
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Trump's New H-1B Order: How Will Indians Be Impacted By Tighter Scrutiny?
INDIA MARKET | Sat, 19 Sep 2026, 9:23PM IST
Trump's H-1B order tightens scrutiny of employers hiring skilled foreign workers.
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FinMin to meet PSB, RRB chiefs on Monday
INDIA NEWS | Sat, 19 Sep 2026, 9:15PM IST
New Delhi: The Finance Ministry has called a meeting of chief executives of public sector banks and regional rural banks on Monday to discuss measures to ensure continuity of banking operations and essential customer services during the three-day strike called by the United Forum of Bank Unions to press for 5-day banking and other demands.The bank unions have called a 3-day nationwide strike beginning September 28, which may impact banking services for five days as the weekend before September 28 is a holiday. This strike, if it materialises, would coincide with the half-yearly closing of the banking sector.Bank unions under UFBU had gone on nationwide strike on September 11 over their demand.Also read: Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: AssociationThe Department of Financial Services (DFS) Secretary will chair a meeting on Monday of chief executives of public sector banks (PSBs) and regional rural banks (RRBs) to discuss measures to ensure continuity of banking operations and essential customer services during the strike period, according to a communication sent to banks.The meeting is expected to deliberate on contingency measures to minimise disruption to banking services and ensure that customers continue to have access to essential facilities during the strike.UFBU claims to represent 90 per cent of the banking workforce, and their other demands include updation and improvement of pension, a uniform dearness allowance formula for all pensioners and an option for employees covered under the National Pension System (NPS) to switch to the old pension scheme (OPS).
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FinMin to meet PSB, RRB chiefs on Monday to ensure banking services during 3-day strike
INDIA BUSINESS | Sat, 19 Sep 2026, 9:15PM IST
Finance Ministry will meet bank executives on Monday. They will discuss continuity of banking operations during a three-day strike. The United Forum of Bank Unions called the strike for September 28. This strike will impact banking services for five days. Bank unions demand a five-day banking week and pension updates.
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LPG Aadhaar Biometric Authentication Mandatory From Oct 1 For Subsidised Refills
INDIA MARKET | Sat, 19 Sep 2026, 9:13PM IST
Consumers must note that failure to complete Aadhaar Biometric Authentication will not result in disconnection of LPG, but subsidised refills will not be provided.
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Trump Media Ban Takes Effect As CNN, MS NOW Journalists Denied White House Access
INDIA MARKET | Sat, 19 Sep 2026, 9:11PM IST
Donald Trump's White House media ban sees CNN, MS NOW reporters denied access.
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Govt mandates Aadhaar biometric authentication for LPG subsidy from Oct 1
INDIA MARKET | Sat, 19 Sep 2026, 9:07PM IST
Aadhaar biometric authentication will be required for consumers to receive subsidy on domestic LPG refills from October 1, 2026, the government said on Saturday
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China's Vice Premier He Lifeng To Visit US For Economic, Trade Talks From Sept 19-23
INDIA MARKET | Sat, 19 Sep 2026, 9:05PM IST
China's He Lifeng heads to US for trade talks on tariffs, AI and rare earths.
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INDIA BUSINESS | Sat, 19 Sep 2026, 8:48PM IST
Potential US tariffs could significantly harm India's textile and apparel exports. The industry body CITI is urging the government to engage with Washington urgently. This action is needed to protect Indian exporters from competitive disadvantages in the US market. A balanced trade agreement between India and the US is considered an urgent necessity. While free trade agreements offer potential, they cannot replace the US market's importance.
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US tariffs threaten India's textile exports
INDIA NEWS | Sat, 19 Sep 2026, 8:48PM IST
New Delhi: Potential additional tariffs by the United States following the signing of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 could severely impact India's textile and apparel exports, with industry body Confederation of Indian Textile Industry (CITI) urging the government to engage with Washington urgently to protect exporters.The US is the single-largest market for India's textile and apparel exporters, making the sector particularly vulnerable to any additional tariffs, CITI said in a press release.Also Read: Textile industry wants 6-month extension for duty-free cotton imports"Any additional tariffs under this Act will be very difficult to absorb for the MSME-dominated Indian textile and apparel sector already under stress due to several factors, including the continuing turmoil in West Asia. It will severely impact our ability to sell in the United States, our most significant market by a distance," CITI Chairman Ashwin Chandran said.Chandran urged the government to engage closely with the US to ensure that Indian exporters are not disadvantaged or rendered uncompetitive in the US market.A fair, balanced and equitable bilateral trade agreement between India and the US is the urgent need of the hour, he said, noting that the two countries have been negotiating the agreement for some time.Also Read: Rising cotton & op costs likely to squeeze margins for apparel retailersWhile India's free trade agreements are expected to open new markets for exporters, CITI said these agreements cannot substitute for the importance of the US market for the textile and apparel sector."The FTAs offer a lot of potential, but the gains from those are not automatic for exporters and will take time to materialise," Chandran said.India's overall textile and apparel exports rose 6.39 per cent in US dollar terms in August 2026 from the same period last year, with textile exports increasing 13.03 per cent while apparel exports declined 2.74 per cent.During April-August 2026, textile exports grew 6.94 per cent, while apparel exports fell 9.10 per cent, leaving cumulative textile and apparel exports marginally lower by 0.24 per cent year-on-year.CITI said the India-US trade relationship has potential for technology partnerships, supply-chain resilience and greater value-chain complementarities. A balanced and predictable trade framework, it said, could help strengthen bilateral commercial engagement and support the long-term competitiveness of the textile and apparel sectors in both countries.
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INDIA MARKET | Sat, 19 Sep 2026, 8:48PM IST
Bethlehem Kudumba Unit was released in Malayalam, Tamil and Telugu on August 21, 2026.
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NLC India targets large-scale pumped storage projects in Tamil Nadu, Odisha
INDIA BUSINESS | Sat, 19 Sep 2026, 8:46PM IST
The company is developing clean energy through its dedicated green arm, NLCIL Renewables Ltd (NIRL). The PSU is targeting to increase its operational renewable energy portfolio from 1.8 GW to over 10 GW by 2030, with a long-term target of 32.7 GW by 2047, as part of its strategy to achieve a 50 per cent clean energy mix in its generation portfolio ahead of schedule, the Coal Ministry said in the statement.
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Genpact Case: Karnataka HC Upholds ED Seizure Order Over Alleged Rs 7,635.9 Crore Transfer
INDIA MARKET | Sat, 19 Sep 2026, 8:39PM IST
ED alleged that Rs 7,635.9 crore, comprising Rs 4,600 crore in principal and Rs 3,035.90 crore in interest was transferred to Genpact Luxembourg, with FDI round-tripping and the NCD route were used to move funds abroad.
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CNN, MS NOW and Politico Barred From White House After Trump Announces Ban
GLOBAL NEWS | Sat, 19 Sep 2026, 8:36PM IST
The prohibition on certain journalists was a stark escalation in President Trumps war on the media, and will probably face a legal challenge.
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CNN, MS NOW and Politico Reporters Barred From White House After Trump Announces Ban
GLOBAL NEWS | Sat, 19 Sep 2026, 8:35PM IST
The prohibition on certain journalists was a stark escalation in President Trumps war on the media, and will probably face a legal challenge.
Continue reading at The New York Times
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INDIA BUSINESS | Sat, 19 Sep 2026, 8:35PM IST
Domestic LPG consumers must complete Biometric Aadhaar Authentication for subsidised cylinder refills. This authentication process is mandatory from October 1, 2026, for all eligible users. Consumers who have already completed the process need no further action from their end. Those who do not authenticate will receive cylinders at market prices without any subsidy. Assistance for this process is available through various digital channels and a toll-free helpline.
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China Investigates Meituan, Alibaba Units Over Suspected Unfair Competition
INDIA MARKET | Sat, 19 Sep 2026, 8:27PM IST
China's market regulator is investigating Meituan and Alibaba units over unfair competition.
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Deepika Padukone, Ranveer Singh Welcome Second Baby Girl After Daughter Dua
INDIA MARKET | Sat, 19 Sep 2026, 8:27PM IST
Deepika Padukone and Ranveer Singh welcome their second baby girl on September 19.
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