
IDBI Bank shares down 16.5% after govt stake sale plan is reportedly scrapped
IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.
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IDBI Bank's share price fell as much as 16.48% to an intraday low of ₹77.00 apiece on the BSE even as the benchmark S&P BSE Sensex remained largely flat.

The US Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4.00% on September 16, its first rate increase under Chair Kevin Warsh. Policymakers signalled that another hike could follow as inflation remains above the Fed’s 2% target.

Trade tensions between the United States and Canada are escalating after talks collapsed, with new 50% US tariffs on about $20 billion of Canadian goods and retaliatory duties from Ottawa expected to put pressure on businesses and consumers.

India will host the BRICS summit in New Delhi on September 12-13 as divisions between Iran and the UAE, the Iran war and China-India ties test the expanded bloc's unity.

India will take on Afghanistan in a three-match T20I series in New Delhi from September 13, with all three matches scheduled at the Arun Jaitley Stadium. Here is the complete schedule, squads, match timings and live streaming details.

Toronto-area homeowners who bought properties during the pandemic-era housing boom are increasingly being forced to sell below their purchase prices, with some facing losses running into hundreds of thousands of dollars as the market remains under pressure.

A Pakistan Navy vessel collided with an Indian warship during a surveillance mission in the North Arabian Sea on September 15, triggering a diplomatic protest from New Delhi. India described the Pakistani vessel’s manoeuvring as unsafe and unprofessional and summoned Pakistan’s Charge d’Affaires.

Sebastien Lai has appealed to US lawmakers to push for the release of his jailed father, Hong Kong media tycoon Jimmy Lai, ahead of Chinese President Xi Jinping’s expected September 24 visit to Washington. The appeal came as Lai’s daughter Claire undergoes chemotherapy for cancer.

Chennai Super Kings will discuss allegations that team playing XIs were allegedly leaked to bookmakers during IPL 2025 at its September 25 Annual General Meeting. The claims emerged from a Tehelka sting involving former Ranji Trophy cricketer Rachit Bhatia, but the allegations against CSK and the unnamed player have not been independently verified.

Vijay Shankar Meena is the NSUI candidate for president in the Delhi University Students’ Union (DUSU) Election 2026. Originally from Rajasthan, Meena completed his graduation from Rajasthan University and is pursuing an MA in Buddhist Studies at Delhi University. He is contesting against ABVP’s Yash Dabas and other candidates as vote counting continues on September 19.

India is preparing to host a high-stakes BRICS summit on September 12 and 13, with Russian President Vladimir Putin, Chinese President Xi Jinping and Iranian President Masoud Pezeshkian among the key leaders expected to attend. The Middle East conflict is likely to complicate negotiations as New Delhi seeks consensus among an increasingly diverse BRICS bloc.

Karnataka minister B Nagendra has resigned from the state Cabinet and his MLA position amid allegations linked to financial irregularities at the Maharshi Valmiki Scheduled Tribes Development Corporation.