
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.

Russia is not pursuing a formal de-dollarisation policy and remains open to acceptable payment mechanisms for international trade, Kremlin spokesperson Dmitry Peskov said ahead of the BRICS summit in New Delhi.

The CBI has filed a third chargesheet in the alleged ₹1,200-crore Reliance Communications loan fraud case, naming Reliance ADA Group executive Amitabh Jhunjhunwala. The agency alleges the case caused a wrongful loss of about ₹971.25 crore to State Bank of India.

B2B commerce platform Udaan will acquire Swiggy’s retail distribution business Lynk Logistics in a ₹500 crore all-stock transaction, expanding Udaan’s presence across major consumption markets while giving Swiggy a stake in its parent company.

Apple has confirmed September 9 for its next major launch event, where the company is expected to unveil the iPhone 18 lineup, a possible foldable iPhone and new Apple Watch models.

The NIA has arrested PNB manager Amit Kumar in the ₹17.29 crore fake currency case in Saharanpur. Investigators are tracing the cash trail and possible Nepal links.

JPMorgan CEO Jamie Dimon has urged Washington to consider India’s refinery requirements and the wider impact on global oil markets before imposing further measures on buyers of Russian crude. His comments come as a new US law gives President Donald Trump authority to impose tariffs of up to 100% on major buyers of Russian oil.

Chinese President Xi Jinping may visit New Delhi next month to attend the BRICS Summit 2026, in what could be his first trip to India in seven years as New Delhi and Beijing work to improve bilateral relations.

New York City has reportedly surpassed Silicon Valley in the number of tech workers, while Apple is cutting around 200 jobs tied to Siri and Vision Pro ahead of John Ternus taking over as CEO.

Iran issues a strong warning ahead of a US naval blockade, saying no Gulf port will be safe as tensions escalate and global oil markets react sharply.

Iran-aligned Houthi forces have captured Yemen’s strategic Perim Island in the Bab al-Mandab Strait, tightening their grip on a critical Red Sea shipping route and increasing risks for Saudi oil exports and global energy markets.

The European Central Bank has warned that a surge in debt issuance by major US technology companies to finance AI data centres could eventually compete with European government bonds for investors, potentially driving borrowing costs higher.