Urban Company IPO fully booked hours after opening for bidding; ends with 3.13 times subscription

The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data.   The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday (September 10, 2025) and later ended the day with…

NPCI to increase UPI transaction limits for high-value payments from Sept 15; check updated limits

  Under the new framework, the per-transaction limit for categories aligned with tax payments and other high-value transactions has been raised to Rs 5 lakh, while the daily aggregate limit for most of these categories has been increased up to Rs 10 lakh, depending on the category. In a major move to facilitate high-value digital…

India, Israel sign bilateral investment treaty to boost economic ties

From April 2000-2025, India’s total overseas direct investment in Israel amounted to $443 mn, while Israel’s foreign direct investment in India reached $334.2 mn between April 2000 and March 2025 The investment treaty was signed between the Finance Minister Nirmala Sitharaman and her Israeli counterpart, Bezalel Smotrich. India and Israel on Monday signed a Bilateral…

We will continue to buy Russian oil; GST reforms will offset tariff impact: Sitharaman

Union Finance Minister Nirmala Sitharaman reiterated that the contribution of crude oil to India’s import bill is the highest and so India’s decision to buy oil will always be based on what suits its needs best.   Union Finance Minister Nirmala Sitharaman on Friday made it clear that India will continue purchasing Russian oil, stressing…

Amid Trump’s tariff offensive, PM Modi and EU leaders push for swift India-EU FTA conclusion

They also welcomed the progress in bilateral relations in key sectors, including trade, technology, investment, innovation, sustainability, defence, security, and supply chain resilience.   Prime Minister Narendra Modi on Thursday held a joint telephonic call with Antonio Costa, the President of the European Council, and Ursula von der Leyen, the President of the European Commission. In…

GST reforms: What might get cheaper and what may become costlier under new slabs? Check full list here

The GST Council will discuss the Centre’s proposed proposed rate rationalisation reforms, with a view to simplify slabs and reduce burden on customers. We look at what may get cheaper under new slabs… GST reforms: The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, begun its 56th meeting in New Delhi…

Gold trades near record highs on US rate cut bets; silver at 14-year high

Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05   The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…

Nifty 50 ends below 100 EMA: What lies ahead for Indian stock market investors amid Trump tariff turbulence?

According to analysts, Nifty’s breach of its medium-term support at the 100-day EMA around 24,600 signals that the bears could remain in charge of Dalal Street for some time ahead. Nifty 50 technical outlook: As the additional 25% tariff imposed by US President Donald Trump on India came into effect, the Indian stock market went…