📰 India Business Brief: Top Headlines for September 16, 2025
Published: 2025-09-16 08:30 IST | Category: Markets | Author: Abhi
Economic Times
- Gold prices have scaled a new high as the dollar weakened ahead of the Federal Reserve meeting.
- Wall Street indexes closed higher, leading to gains in Asian stocks at the open.
- The gaming startup sector is experiencing layoffs, while e-commerce logistics face a festive season squeeze.
- Anthem Biosciences shares saw a significant surge of 46% since their listing, driven by strong financial growth.
- Anand Rathi Share is reportedly launching a ₹745 crore IPO this month.
- Prime Minister Modi inaugurated multiple development projects worth approximately ₹36,000 crore in Bihar's Purnea district.
- Andhra Pradesh's Chief Minister expressed concern over a ₹25,000 crore loss in shrimp exports due to US tariffs.
- The United States and China are reportedly nearing a deal regarding TikTok in Madrid talks.
- The deadline for Income Tax Return (ITR) filing for AY 2025-26 has been extended to September 16.
- Megha Engineering secured a substantial ₹5,700 crore mandate for India's first private oil reserve.
- Stephen Miran, an economic adviser to Trump, received Senate approval to join the Federal Reserve board.
- India and the US have returned to the negotiating table for trade discussions following Trump's penal tariffs.
- UCO Bank has received approval to collaborate with Nayara, a sanctioned refiner.
- Goods exports increased while imports dipped in August, contributing to a narrower trade deficit.
- Macquarie has initiated the sale of its highway assets in India.
- A call for GST rate cuts has impacted sales, but companies are optimistic about a surge after the September 22 rollout.
Mint
- The Indian stock market sentiment remains positive, with the Nifty 50 index sustaining above the 25,000 level, although it faces resistance at 25,150.
- The Nifty 50 settled 44.80 points lower, closing at 25,069.20, after experiencing selling pressure at higher levels.
- Nifty Realty led the gainers with a 2.41% uptick, with PSU Banks and Oil & Gas sectors also providing support to market breadth.
- Market participants are closely watching the Federal Reserve's forward guidance for indications on future interest rate trajectories.
- The Nifty 50 and Sensex are anticipated to open on a muted note today amidst cautious market sentiment and ongoing India-US trade talks.
- Vaishali Parekh recommends three intraday stocks: Aditya Birla Real Estate, AU Small Finance Bank, and Nykaa.
Business Standard
- The government has extended the Income Tax Return (ITR) filing deadline for AY 2025-26 by one day to September 16.
- India and the US are back at the deal table, with a chief negotiator-level meeting scheduled for today.
- FMCG retailers are securing significant discounts in anticipation of a GST rate shift on September 22.
- Polycab India has advanced ahead of Havells in a decade-long competitive race.
- Stocks to watch today include Adani Enterprises, NCC, NTPC Green, Wipro, and Midhani.
- An analyst has recommended Bajaj Finserv and Blue Jet as stocks to buy.
- Motilal Oswal projects a 12% Compound Annual Growth Rate (CAGR) in the luggage sector, identifying VIP and Safari Industries as top picks.
TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News
Tags: Headlines Business News Economic Times Business Standard Mint Top News