In major milestone for India’s offshore energy exploration, ONGC strikes gas in Mahanadi Basin, 43 km off Odisha coast; proximity could enable faster monetisation if commercially viable

In major milestone for India’s offshore energy exploration, ONGC strikes gas in Mahanadi Basin, 43 km off Odisha coast; proximity could enable faster monetisation if commercially viable

The discovery was made on September 18 at the MN-DW18-1-H-D well in the Mahanadi Offshore Basin. In a big breakthrough, Oil and Natural Gas Corp (ONGC) has discovered gas in a deepwater well off India’s eastern coast. The find is located close enough to Odisha and may potentially enable quicker development if further appraisal establishes … Read more

Govt winds up telecom commission

Govt winds up telecom commission

NEW DELHI: Govt has with immediate effect dissolved its apex decision-making body for telecom and digital communication – digital communications commission (DCC), which was originally established as telecom commission in 1989, before being renamed in 2018. The communication ministry’s department of telecommunication (DoT) notified this decision through a Sept 19, 2026 resolution that was published … Read more

‘No burden for consumers’: Sitharaman clarifies who will pay MDR on UPI transactions

‘No burden for consumers’: Sitharaman clarifies who will pay MDR on UPI transactions

Finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman has backed the recently announced Merchant Discount Rate (MDR), saying that the mechanism will be imposed on operators and will not be passed on to customers. Addressing ongoing speculations around the charges, FM blamed the opposition for creating confusion and urged people to remain alert.Speaking to … Read more

Stock market today: BSE Sensex jumps over 100 points in opening trade, Nifty 50 trades above 24,400

Stock market today: BSE Sensex jumps over 100 points in opening trade, Nifty 50 trades above 24,400

Indian benchmark indices ended the previous session in green, with Nifty 50 rising 67.90 points, or 0.29%, to 23,414.30, while BSE Sensex gained 564.03 points, or 0.76%, to close at 74,858.99. Easing crude oil prices, lower bond yields and hopes of diplomatic engagement supported investor sentiment. Geojit Investments’ head of research Vinod Nair said that … Read more

Top stocks to buy today: Stock market recommendations for September 22, 2026 – check list

Top stocks to buy today: Stock market recommendations for September 22, 2026 – check list

Top stocks to buy today on September 22, 2026 Stock market recommendations: LIC Housing Finance, Supreme Industries, Hitachi Energy India, and Dr Reddy’s Laboratories – these are the top stocks to buy on September 22, 2026 as recommended by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan on September 8, 2026. Let’s take a … Read more

Small-city ecomm surges, order values trail big markets

Small-city ecomm surges, order values trail big markets

BENGALURU: Online shopping is expanding beyond India’s biggest cities, but the value of those purchases remains concentrated in larger markets.Of more than 200 million orders processed in the last 12 months up to July this year, 57.2% originated outside the 96 largest cities, but these orders accounted for only 39.3% of total transaction value. Their … Read more

MS expands India capacity for cloud and AI services

MS expands India capacity for cloud and AI services

NEW DELHI: Microsoft’s new India South Central cloud region in Hyderabad is among its largest infrastructure investments in Asia, the company’s India and South Asia president Puneet Chandok said, as it expands capacity for cloud and AI services.The facility is part of Microsoft’s $20.5 billion investment commitment across Asia. Chandok did not disclose how much … Read more

Starbucks to set up GCC in Chennai

Starbucks to set up GCC in Chennai

Starbucks plans Chennai GCC with 800 new jobs CHENNAI: US-based coffee chain Starbucks will set up a global capability centre (GCC) in Chennai. It will likely create 800 high-value jobs in the first phase.The new centre will add to Chennai’s growing GCC ecosystem, with companies using the city to build technology, business and other global … Read more

GST rate rejig helps consumers upgrade

GST rate rejig helps consumers upgrade

NEW DELHI/MUMBAI: A year after GST rates were cut, automobile dispatches have continued to climb. Several two-wheeler users moved to four-wheelers as price cuts improved affordability, TV buyers have shifted towards larger sets and consumer goods volumes picked up in the Oct-Dec quarter, although they are now under pressure due to the West Asia crisis.Passenger … Read more