Top 20 Business News Stories — Sunday, September 13, 2026
Here are 20 major business, markets, economy, banking and corporate stories shaping today’s news cycle, with the BRICS Summit, oil-market disruption, Indian equities, Tata Sons and India-China trade among the biggest themes.
- India’s BRICS Trade Doubles to $417 Billion
India’s trade with BRICS nations has more than doubled from $203 billion in 2020-21 to $417 billion in 2025-26, according to an ASSOCHAM report. The industry body says Indian exports to BRICS countries could reach $200 billion by 2030. - Modi and Xi Push for Stronger India-China Business Ties
Prime Minister Narendra Modi and Chinese President Xi Jinping have agreed to work on trade imbalances, supply-chain issues, market access and greater business connectivity as the two countries seek to improve economic relations. - India’s Foreign-Exchange Reserves Hit Record $785.7 Billion
India’s forex reserves climbed to a record $785.7 billion in the week ending September 4, extending the rise to ten consecutive weeks. The increase has been driven partly by measures designed to attract dollar inflows. - Foreign Investors Pull ₹13,138 Crore From Indian Equities
Foreign portfolio investors have turned sellers again, withdrawing ₹13,138 crore from Indian equities during the first half of September. Elevated crude prices, US bond yields and a strong dollar are weighing on investor sentiment. - Nifty Faces Critical Week After Five Consecutive Weekly Declines
Indian markets enter a holiday-shortened week with the Nifty 50 at an important support level. Investors will be watching crude prices, bond yields and the upcoming US Federal Reserve decision when trading resumes Tuesday. - Oil Prices Remain Above $100 as Middle East Conflict Disrupts Supply
New attacks involving Saudi oil infrastructure and shipping in the Gulf have heightened fears of further supply disruption. Brent crude was around $104.6 a barrel in Indian market coverage, with traders preparing for renewed volatility when markets reopen. - Saudi Oil Pipeline Attack Raises Global Supply Concerns
A drone attack severely damaged a Saudi oil pipeline, while further incidents involving vessels in the Strait of Hormuz increased concerns about global energy supplies. - Tata Sons Faces Pressure to Pursue a Public Listing
The RBI has rejected Tata Sons’ application for exemption from the core investment company framework, putting renewed pressure on the Tata Group holding company to pursue a public listing. - HDFC Bank Shortlists Candidates for New MD & CEO
HDFC Bank’s board has approved two names as potential successors to MD & CEO Sashidhar Jagdishan and has forwarded the shortlist to the RBI for approval. - A-One Steels India Plans ₹405-Crore IPO
South-based steel producer A-One Steels India will open its ₹405-crore IPO on September 24, with the issue closing September 28. The company plans to raise ₹355 crore through fresh shares, while promoters will sell shares through an offer for sale. - India’s Semiconductor Sector Attracts $1.4 Billion
India’s semiconductor industry has accumulated approximately $1.4 billion in equity funding across 281 funded companies, highlighting growing investor interest in domestic chip manufacturing and related technologies. - Zudio Crosses 1,000-Store Mark
Trent’s value-fashion brand Zudio has reached the milestone of 1,000 stores within a decade of its launch and has expanded to roughly 300 cities, underscoring the rapid growth of India’s value-fashion retail market. - CNG Prices Rise Amid Crude-Price Volatility
CNG prices have increased in Delhi and neighbouring areas as global energy markets remain volatile. The developments come as businesses and consumers face renewed uncertainty over fuel and transportation costs. - Indian Oil Marketers Face Margin Pressure From Expensive Crude
With crude prices above $100 a barrel, oil-marketing companies are expected to face pressure on margins. Analysts have identified HPCL as particularly vulnerable, while BPCL is seen as relatively better positioned because of its integration and product mix. - Drydocks World and Cochin Shipyard Form 50:50 Joint Venture
Drydocks World and Cochin Shipyard have formed a joint venture to operate and expand Kochi’s International Ship Repair Facility, targeting greater capacity for Indian, regional and international customers. - SBI Develops UPI-Based Lending for Small Businesses
State Bank of India is developing a lending solution that would use UPI transaction data as a proxy for sales to assess small businesses that do not have GST registration. - SBI Targets December for DPDP Compliance Deployment
SBI has procured the required software and hardware for compliance with India’s Digital Personal Data Protection framework and expects deployment to be completed by December. - BMW India Plans Further Price Increases
BMW India is preparing for additional pricing pressure from rupee depreciation and higher commodity costs. The company has already implemented cumulative price increases of up to 5% across BMW and MINI portfolios during 2026. - UAE’s Emirates Development Bank Crosses Dh30 Billion Financing Milestone
Emirates Development Bank has approved more than Dh30 billion in cumulative financing since 2021, supporting businesses and projects across strategic sectors as the UAE pushes economic diversification. - World Circular Economy Forum to Begin in Gujarat
India is preparing to host the World Circular Economy Forum 2026 in Gandhinagar from September 15–18, marking the first time the global event is being held in India and placing circular business models and resource efficiency in the spotlight.
Today’s biggest business themes
🇮🇳 BRICS & trade: The BRICS Summit is the dominant India-focused business story, particularly the push to expand trade and investment among member economies. India’s BRICS trade has reached $417 billion.
🛢️ Oil & inflation: The escalation around the Strait of Hormuz and Saudi energy infrastructure is creating another major risk for global businesses, with oil prices already above $100 a barrel.
📉 Indian markets: Five consecutive weekly declines, renewed FPI selling and expensive crude are creating a challenging setup for Indian equities when trading resumes Tuesday.
🏦 Banking & corporate India: Tata Sons’ listing question, HDFC Bank’s CEO succession process and SBI’s digital-lending initiatives are among the key corporate developments.
🌏 India-China: The Modi-Xi meeting has put trade, supply chains, market access and business connectivity back at the centre of the India-China economic relationship.
