*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Saturday, 12 September 2026

*Commodities*
• Silver (Spot): Rs 2,29,113
• Gold (Spot): Rs 1,51,549
• Silver ETFs fall as global silver extends losses on rising Fed rate hike bets; gold ETFs also down
• ‘OMCs' margins to be under pressure with crude above $100 per barrel: Report

*IPO & Capital Markets*
• Steamhouse India IPO subscribed 30.5x on last day; GMP soars to 28%
• Rentomojo IPO booked 73x on last day of bidding; GMP signals 34% premium
• Arcil IPO: Issue subscribed 20x on Day 3
• LCC Projects IPO GMP rises to 34% as subscription crosses 9x on Day 3
• Veegaland Developers IPO fully subscribed on Day 2
• Manika Plastech IPO: Issue fully subscribed on opening day; GMP at 23%
• Karamtara Engineering IPO subscription crosses 33x on Day 3
• Runwal Enterprises trims IPO size by half, revises use of proceeds
• Most free cash flow returned to shareholders, says NSE on Rs 70,000 crore cash pile
• NSE didn't apply to trade on its own platform, says CEO

*Banking & Financial Services*
• Neelkanth Mishra: Oil at $100 could force RBI into a hard call on rupee
• FIIs sell Rs 931 crore on September 11, DIIs buy Rs 1,968 crore
• MPC to reassess growth, inflation dynamics next month amid oil price rise: RBI Governor Sanjay Malhotra
• NSDL launches Demat 2.0 for tokenised securities and CBDC settlement
• FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off
• Fintech rules must match risks, not make firms resemble banks: RBI's Murmu
• ‘SBI to use UPI data to lend to small businesses without GST registration
• Distribution expansion, new products to drive HDFC AMC's growth
• Bank of India raised $2.4 bn FCNR-B deposits, Indian Bank $2.3 bn

*Corporate & Business*
• Raymond shares jump 22% in 2 days to hit fresh high; stock up 56% this month so far
• Wipro's AI push delivers productivity gains equal to 20,000 workers: CTO
• Tata Steel scaling up AI, connected workforce systems to boost safety
• Coforge NRC chair resigns citing differences, tension between directors

*Defence & Aerospace*
• Zen Technologies: Rising defence spending fortifies business
• BRICS 2026: PM Modi sits down with Putin, talks $100 bn trade by 2030; plan to deepen defence, energy, nuclear ties

*Healthcare & Pharmaceuticals*
• Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility

*Industry*
• Cochin Shipyard falls as company indicates lower EBITDA margin; ICICI Direct downgrades stock to 'hold'
• As assured, Russia to further boost fertiliser supplies to India: Andrey Guryev at BRICS

*Technology & IT*
• Wipro's AI push delivers productivity gains equal to 20,000 workers: CTO
• Tata Steel scaling up AI, connected workforce systems to boost safety

*Global Economy & Trade*
• ‘India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
• Fed rate-hike bets rise to 85% after hot August inflation
• Aswath Damodaran says debate on Fed rate is pointless, market adapts quickly

*Politics & Government*
• BJP announces 4 'Nasha Mukt Punjab Yatras'; Nitin Nabin to flag off first on September 18
• UP polls: BJP seeks to make healthcare an election pitch as Yogi govt expands cashless treatment
• West Bengal CM Adhikari plans Ambani meet as state steps up investment pitch
• Karnataka CM DK Shivakumar gives gun amnesty, asks holders of unlicensed firearms to surrender by Nov 1
• Assam byelection: BJP fields former IAS officer Devasish Sharma for Nagaon Lok Sabha 

*Healthcare & Pharmaceuticals*
• Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility

*Industry*
• Cochin Shipyard falls as company indicates lower EBITDA margin; ICICI Direct downgrades stock to 'hold'
• As assured, Russia to further boost fertiliser supplies to India: Andrey Guryev at BRICS

*Technology & IT*
• Wipro's AI push delivers productivity gains equal to 20,000 workers: CTO
• Tata Steel scaling up AI, connected workforce systems to boost safety

*Global Economy & Trade*
• ‘India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
• Fed rate-hike bets rise to 85% after hot August inflation
• Aswath Damodaran says debate on Fed rate is pointless, market adapts quickly

*Politics & Government*
• BJP announces 4 'Nasha Mukt Punjab Yatras'; Nitin Nabin to flag off first on September 18
• UP polls: BJP seeks to make healthcare an election pitch as Yogi govt expands cashless treatment
• West Bengal CM Adhikari plans Ambani meet as state steps up investment pitch
• Karnataka CM DK Shivakumar gives gun amnesty, asks holders of unlicensed firearms to surrender by Nov 1
• Assam byelection: BJP fields former IAS officer Devasish Sharma for Nagaon Lok Sabha seat

Jai Hind
Rudra Hai to Mudra Hai
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