Ram Krishan Dudeja
Ram Krishan Dudeja

Internal & IS Audit (CISA Certified)

Banking Risk & Vigilance Expert

Ram Krishan Dudeja

Internal & IS Audit (CISA Certified)

Banking Risk & Vigilance Expert

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Economic News Today – 11 September 2026 | Top Business & Financial News

September 11, 2026 Economic News

Economic & Business News

Airport waives landing fees.

Let’s start with today’s economic and business news. Navi Mumbai International Airport has waived landing charges for international flights in its first year, a move that could bring more, cheaper flight options for travellers.

CV sales outlook raised to 15%.

Tata Motors, Ashok Leyland, and VECV raised this year’s commercial vehicle sales growth forecast to 10 to 15% — pointing to cheaper freight costs and more jobs ahead.

UPI merchant fee set at 40bps.

Large merchant UPI transactions will now carry a roughly 40 basis-point fee, mostly going to banks — but ordinary users and P2P transfers stay free of any charge.

E-commerce pricing rules tightened.

The government has tightened e-commerce rules, requiring sites to show the original price alongside every discount — closing a loophole that let sellers fake bigger markdowns.

Theater raises ₹75 crore.

Fashion accessories startup Theater raised ₹75 crore at a ₹410 crore valuation, funding an offline push that could bring new jobs and shopping options to smaller cities.

Swish raises $24 million.

10-minute food delivery startup Swish raised $24 million to scale its in-house kitchen model, opening up new delivery-partner jobs in Bengaluru and Gurugram.

SIP inflows hit record ₹32,297cr.

Mutual fund SIP inflows hit a record ₹32,297 crore in August, with equity flows up 19% — a sign small investors’ faith in long-term investing keeps growing.

IPO fundraising to cross ₹1 lakh cr.

India’s 2026 IPO fundraising could cross ₹1 lakh crore, driven by NSE’s own ₹23,000 crore issue — a wave of new opportunities for retail investors, but one that still calls for caution.

SBI’s $127B FCNR to fund loans.

SBI says its record $127.23 billion in FCNR deposits will take three to four months to reach borrowers as loans — capital that could eventually mean cheaper credit for many.

HDFC Bank wins all AT1 cases.

HDFC Bank won all seven Credit Suisse AT1 bond mis-selling cases in Bahrain — a reminder for investors to fully understand high-risk bonds before buying in.

Yotta plans $12B Nvidia order.

IPO-bound Yotta will place a $12 billion order for 90,000 Nvidia chips this month, becoming Nvidia’s biggest customer in India and fast-tracking the country’s AI and data-centre capacity.

iPhone Duo priced ₹1.4L above US.

Apple’s new foldable iPhone Duo will cost ₹1.4 lakh more in India than in the US — a gap that could trigger the phone’s first-ever annual sales dip and fuel the grey market.

Advent, Temasek eye IIFL stake.

Advent and Temasek are racing to buy Fairfax’s ₹3,500 crore stake in IIFL Finance — a deal that could strengthen the NBFC’s services.

HC strikes down retro tax rule.

The High Court struck down the retrospective rule letting tax officers reopen old returns, calling Section 147A unconstitutional — relief for more than 2 lakh taxpayers.

General News

Xi to visit India for BRICS.

Now, let’s move to today’s general news. Xi Jinping arrives in India on Saturday for the first time in seven years, for the BRICS summit and talks with Modi that have raised hopes of narrowing the trade deficit.

Delhi security beefed up for BRICS.

Delhi has deployed 15,000 police personnel and more than 500 CCTV cameras for the BRICS summit — tighter security, and likely some traffic disruption, for two days.

Oil surges to $107 amid Iran war.

Brent crude jumped 4% to $107 as attacks on shipping escalated in the Iran war — India is raising domestic output by 10% to avoid an LPG crunch.

SC clears HPV vaccine drive.

The Supreme Court dismissed a plea against the HPV vaccination drive for teenage girls, protecting cervical cancer prevention — keeping safe vaccination on track for lakhs of schoolgirls.

Court frames charges on Lalu.

A Delhi court ordered money-laundering charges framed against Lalu Prasad, Rabri Devi, and Tejashwi Yadav in the IRCTC hotels case, with the next hearing on 3 October.

H-1B grace period may be scrapped.

The Trump administration has proposed scrapping the 60-day grace period H-1B holders get after losing a job — a change that could force Indian professionals to leave the US as soon as they’re laid off.

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