On the India front, External Affairs Minister S. Jaishankar and Commerce Minister Piyush Goyal met US officials to discuss trade, H1B visas, and tech collaborations.
In corporate news, Tata Motors’ Jaguar Land Rover extended its production pause amid cybersecurity challenges, while Maruti Suzuki and Hyundai saw festive demand surge following GST 2.0 cuts. Swiggy’s high-value Rapido stake sale also caught attention.
India’s smartphone exports soared to $11.7 billion, JSW Group announced a new SUV with SAIC, and OpenAI partnered with NVIDIA in a $100 billion data center deal. Meanwhile, Karnataka HC stayed the ₹200 movie ticket cap, and Mohanlal and SRK won national awards.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Nifty ends off day’s lows as banks, metals stage strong comeback
The stock market ended lower on Tuesday but recovered sharply from intraday losses as a late surge in banking and metal stocks cushioned the fall, while persistent weakness in IT and consumption counters weighed on sentiment.
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Also Read: Rupee hits all-time low of 88.79 against dollar: What’s driving the fall
Exclusive | Gold prices heading into 'bubble' territory, says JPMorgan's Jamie Dimon
Gold prices held steady on Tuesday (September 23) after reaching record highs, but JPMorgan Chairman and CEO Jamie Dimon warned the rally could be part of a broader bubble across asset classes.
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India relationship of critical importance to US, says Rubio after meeting with Jaishankar
India is a relationship of critical importance to the United States, Secretary of State Marco Rubio has said as he met External Affairs Minister S Jaishankar in New York and voiced "appreciation" for New Delhi's continued engagement on bilateral issues, including trade, defence and energy.
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Tata Motors unit JLR extends production pause yet again; Stock falls from highs
Tata Motors' UK-based luxury subsidiary Jaguar Land Rover (JLR) Ltd., on Tuesday, September 23, said it has extended its pause on production till October 1. JLR, which continues to be impacted by a recent cybersecurity breach, said it made this decision to give clarity for the coming week. It is looking to build a timeline for the phased restart of its operations.
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Trump slams India, China, and NATO over Russian oil purchases, warns of new sanctions
US President Donald Trump accused India and China, along with NATO allies, of indirectly funding Russia’s war in Ukraine by continuing to buy Russian oil and energy products.
He warned that unless Europe fully commits to cutting ties with Moscow, the United States would move ahead with additional sanctions and possibly punitive tariffs.
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Also Read: Gold headed toward $4,000/oz, silver could outperform, saysTrading.comCEO
GST 2.0: Maruti Suzuki, Hyundai see surge in festive demand after price cuts
Maruti Suzuki and Hyundai Motor India reported a surge in enquiries and deliveries on the first day of Navratri, as recent tax cuts under the government’s “GST 2.0” reforms spurred demand for passenger vehicles ahead of the festive season.
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India’s smartphone exports soar to $11.7 billion in April–August 2025
India’s smartphone exports have surged to $11.7 billion between April and August 2025, marking a 55% increase compared to the same period in 2024. The United States remains the largest destination for Indian smartphone shipments, with exports reaching $8.4 billion—a staggering 193% jump from $2.88 billion a year ago. Notably, Apple’s exports from India accounted for $8.5 billion during this period, up over 77% from $4.8 billion in April–August 2024.
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JSW Group to launch first car in 2026, targets 2 million capacity in 5-6 years
Sajjan Jindal-led JSW Group is strengthening its presence in the automobile sector with plans to launch cars and trucks under its own brand. This move comes more than a year after the company announced a joint venture with MG Motor India.
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OpenAI, NVIDIA announce $100 billion partnership to deploy 10 GW of AI data centers
OpenAI and NVIDIA on Monday (September 22) announced a letter of intent for a strategic partnership to deploy at least 10 gigawatts (GW) of NVIDIA systems for OpenAI’s next-generation AI infrastructure. The deployment will power OpenAI’s efforts to train and run its next generation of models on the path to deploying superintelligence.
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Karnataka High Court stays state’s ₹200 movie ticket price cap
The Karnataka High Court on Tuesday (September 23) stayed the state government’s move to cap movie ticket prices at ₹200 across all theatres, including multiplexes. Justice Ravi V Hosmani passed the interim order in response to petitions by stakeholders against the decision.
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71st National Film Awards: Mohanlal receives Dadasaheb Phalke Award — Lalettan's journey so far
In Malayali households, he has always been 'Lalettan,' a cultural icon yet a familiar elder brother figure, a companion through four and a half decades of cinema. Now, with the Dadasaheb Phalke Award — the highest recognition in Indian cinema — Mohanlal has secured his place in history as one of its greatest performers. He is only the second Malayalee to receive the award, after filmmaker Adoor Gopalakrishnan in 2004.
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