17/09/2026
*Financial News*
Source: Leading Newspapers
*Compiled by Rudra Shares*
Vande Mataram
Thursday, 17 September 2026
*Commodities*
• Silver (Spot): Rs 2,31,069
• Gold (Spot): Rs 1,51,940
• Centre slashes windfall tax on export of petrol, diesel, aviation fuel
*Corporate & Industry*
• Juniper Hotels signs MoU to acquire Novotel Imagicaa in ₹248 crore deal
• Fortis moves SC against HC forensic audit order in company transactions
• GAIL India gets PNGRB approval to transfer city gas assets to subsidiary
• Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
• Saatvik Green Energy rises on Rs 1,041 crore order win
• ITC cigarette prices hiked: Classic Connect, Gold Flake Super Star get costlier
• Tata Sons board faces RBI listing, Chandra question in pivotal meeting
*Banking & Financial Services*
• EPFO wage ceiling raised to Rs 25,000 per month; over 10 million formal sector workers to benefit
• MDR on UPI transactions faces PIL in Supreme Court
• Paytm, Pine Labs stocks get bullish brokerage calls after UPI MDR; targets imply up to 35% upside
• Mutual fund industry seeks tax parity, deeper debt market to channel household savings
• AI will augment, not replace fund managers, says HDFC AMC's Navneet Munot
*IPO & Capital Markets*
• Retail investors pull Rs 5,674 crore from stocks, invest Rs 12,618 crore into IPOs
• Glass Wall Systems shares list at 7% premium over IPO price on NSE
• Kanohar Electricals shares make market debut at 8% premium
• Hero Motors IPO subscribed nearly 1.5x on opening day; GMP at 23%
• Jindal Supreme IPO subscribed nearly 8x on Day 1; GMP rises
• SS Retail IPO: Issue fully subscribed on Day 1; GMP at 30%
• Kuku Technologies IPO receives SEBI approval, allowed to file UDRHP
• Sonaselection India raises Rs 42.5 crore via anchor book ahead of IPO
• DIIs net buy Rs 3,908 crore; FIIs net sell Rs 2,033 crore-worth Indian equities
• Rs 22,561.57 crore National Stock Exchange IPO opens today; LIC emerges as largest anchor investor
• Prasol Chemicals hits upper circuit post 10% discount listing
*Market & Economy*
• Centre eases export compliance for shipments up to Rs 3 lakh, seeks 5-year RoDTEP extension
• Indian exporters see strong festive season orders for textiles and food products to US and Europe
*Politics & Government*
• Prime Minister has decided to prostrate before Trump: Rahul Gandhi on 'UPI tax'
• 'Modinomics' basis of India's rapid economic growth, says Defence Minister Rajnath Singh
• Security tightened across Delhi University ahead of student union polls
• TTD to offer Rs 2 lakh insurance to devotees; Andhra Pradesh CM Naidu announces major temple development plans
• BJP's nationwide events to mark Modi's birthday, Shah, Rajnath to flag off bike rallies
• Manoj Jarange Patil advances Mumbai march, dares government to stop him
*Global Economy*
• Kevin Warsh’s first rate hike: US Fed raises interest by 25 bps, signals more hikes as inflation stays elevated
*Jai Hind*
*Rudra Hai to Mudra Hai*
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