Economic News Today – 8 September 2026 | Top Business & Financial News
Economic & Business News
Hiring outlook set to improve.
India’s hiring outlook is expected to improve in the October-December quarter — ManpowerGroup’s survey shows employment confidence climbing to 54%, making India the world’s most optimistic job market — welcome relief for job seekers.
Layoffs begin at Samsung India.
Doubling memory-chip prices have squeezed profits, prompting Samsung India to cut 80-100 executives in its TV and home-appliance business so far, with more cuts feared.
Auto retail sales hit a record.
India’s vehicle retail sales rose a record 18% in August, with CNG, hybrid and electric vehicles combined outselling petrol vehicles for the first time ever.
Crude supply still concentrated.
India added new crude oil suppliers during the Iran war, yet its top 5 source countries still account for 76% of imports — Russia remains India’s single biggest supplier.
UK recognises India’s carbon credits.
The UK has recognised India’s carbon credit trading scheme, giving Indian exporters relief from UK carbon tax and raising hopes for a similar EU deal.
NBFC credit growth accelerates.
Overall NBFC credit grew 14.9% in July, with gold loans up 68.5% and consumer durable loans up 51.5%.
Coal supply improves.
With rains easing, coal supply to power plants has started improving, which could reduce the risk of power cuts in the coming weeks.
Maruti hikes prices a third time.
Maruti Suzuki raised car prices for the third time this fiscal year, with some models now costlier by up to ₹20,000.
Defence purchases worth ₹1.10 lakh crore approved.
The Defence Ministry cleared ₹1.10 lakh crore in weapons and equipment purchases, about 98% of it from Indian companies.
ISRO plans a big shift.
ISRO is preparing to hand routine rocket and satellite manufacturing to private companies so it can focus on new technology and bigger missions.
Fairfax to fund IDBI deal via IIFL stake sale.
Fairfax will sell its remaining 13.7% stake in IIFL Finance to help fund IDBI Bank’s roughly ₹53,000 crore deal; a CSB Bank-IDBI merger is also proposed.
Meta settlement raises child-safety question for India.
After Meta’s $18 billion US settlement, India’s government will ask whether protections like a 2-hour daily screen limit for minors will be offered here too.
Crypto-to-gift-card loophole spotted.
Some in India are converting crypto into gift cards and vouchers via foreign platforms to shop without bank or tax visibility — investigating agencies have started paying attention.
Jio to test satellite internet.
Reliance Jio will send the first test flight for its LEO satellite internet next September, with satellite broadband expected in underserved areas from 2028.
General News
BRICS Sherpas meet ahead of summit.
Sherpas met in Delhi ahead of the 12-13 September BRICS summit, working to resolve differences between Iran and UAE over the West Asia war.
Nepal flood toll keeps rising.
Nepal’s flood death toll has risen to 1,356, with nearly 5,000 people still missing; the President has appealed to the international community for climate justice.
Delhi building collapse toll rises.
The death toll from a building collapse in Delhi’s Satya Niketan has risen to 7; student groups are protesting, demanding hostel-safety and rental-housing regulation.
SC takes note of attacks on doctors.
The Supreme Court took a serious view of repeated attacks on doctors and hospital staff in Maharashtra, saying a strong message is needed.
Lucknow tops clean-air survey.
Lucknow topped India’s Clean Air Survey 2026, with Delhi improving to 30th place — ahead of Mumbai and Bengaluru.
SC won’t defer marital rape hearing.
The Supreme Court refused to defer hearing pleas challenging the marital rape exception until November, and will hear the Centre’s stance first on Wednesday.
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