Daily Business News as on 15th September 2026

Global News

Oil Prices Climb As Saudi Pipeline Disruption Deepens

Brent crude rose above $107 a barrel after attacks disrupted Saudi Arabia’s East–West pipeline. Repairs could take three to five weeks, tightening oil supplies and potentially raising India’s import bill and inflation.

Sources: Reuters  |  Associated Press

US Treasury Yields Surge As Rate Expectations Harden

The US ten-year Treasury yield crossed 5.0%, its highest level since 2007, as inflation and debt concerns drove a bond sell-off. Markets were pricing in a quarter-point Fed rate increase, adding pressure on equity valuations.

Sources: Financial Times  |  Moneycontrol analysis

China’s Factory Output Accelerates While Consumer Demand Weakens

China’s August factory output rose 5.2%, but retail sales increased just 0.4%. Fixed-asset investment fell 7.2% in January–August, highlighting weak domestic demand despite stronger manufacturing activity.

Sources: Moneycontrol  |  Reuters

Domestic News

India’s Trade Deficit Narrows As Gold Imports Decline

India’s August goods trade deficit narrowed to $26.9 billion from nearly $32.0 billion in July. Gold imports fell to $2.3 billion from $4.2 billion, helping improve the external balance.

Sources: Moneycontrol  |  Reuters

Economists Expect RBI Rate Increases As Inflation Builds

Most economists in a Moneycontrol poll expect RBI rate increases by December as oil prices and inflation rise. Respondents broadly forecast a 5.75% repo rate by February 2027; these expectations remain subject to future RBI decisions.

Source: Moneycontrol poll

India Weighs Merchant Fees On Larger UPI Payments

The issue began with a Finance Ministry notification on 14 September protecting UPI payments up to ₹2,000. On 15 September, authorities reportedly discussed a 0.4% fee on larger transactions; details remain undecided.

Sources: Reuters  |  Moneycontrol explainer

Nifty 50 Company News

TCS Secures Technology Mandates From Aareal And DGCX

TCS announced partnerships with Germany’s Aareal Bank and Dubai Gold & Commodities Exchange. The mandates cover banking infrastructure modernisation and upgrades to trading, clearing and surveillance systems; contract values were not disclosed.

Sources: TCS — Aareal Bank announcement  |  TCS — DGCX announcement

HDFC Bank Shares Rise As CEO Succession Advances

CEO succession began on 12 September when HDFC Bank sent two candidates to the RBI. Shares rose 3.0% on 15 September as investors reacted; the three-year appointment awaits approval.

Source: Moneycontrol