\n Top 10@10 \u2014 CNBC-TV18\u2019s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights \u2014 delivered at 10 pm.\n <\/p>\n
\n The week wrapped up on a positive note for markets, with the Nifty and Sensex posting a third straight weekly gain, their longest winning streak in five months. PSU banks, realty, power and oil & gas stocks led the charge, even as the rupee slipped to 88.27 against the dollar. Vodafone Idea surged 12% after the Centre told the Supreme Court it does not oppose the telco\u2019s plea on AGR dues, while Apple fans queued outside flagship stores as the iPhone 17 series went on sale across India.\n <\/p>\n
\n On the policy front, Union Home Minister Amit Shah hailed GST 2.0 as one of the greatest reforms in independent India, calling it a landmark that simplified taxes and boosted exports.\n <\/p>\n
\n India reacted sharply to Saudi Arabia\u2019s new defence pact with Pakistan, urging Riyadh to respect \u201cmutual interests and sensitivities.\u201d Meanwhile, the US revoked sanctions waivers for Chabahar port, with India examining the impact on its regional connectivity plans. President Trump described himself as \u201cvery close\u201d to India and PM Modi, even while reminding that sanctions were imposed over Russian oil imports.\n <\/p>\n
\n Also in focus: GST rate cuts, Sanjiv Goenka\u2019s new green push, record bank lending to stockbrokers, and India\u2019s Oscar entry.\n <\/p>\n
\n Nifty, Sensex gain for third straight week for first time in five months\n <\/p>\n
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\n https:\/\/youtu.be\/0-iFKfFhtRQ?si=S7sdqHWq1pNmWgub<\/a>\n <\/p>\n \n The stock market notched a third consecutive weekly gain – their longest winning streak in five months – with benchmarks rising nearly 4% over the past three weeks, as broad-based buying lifted sentiment.\n <\/p>\n \n This week, all four frontline indices ended higher, gaining about 1% each. The rally was led by PSU banks, realty, power and oil & gas stocks. The Nifty PSU Bank index climbed 5%, realty rose 4%, BSE Power added 3%, and oil & gas gained 2%.\n <\/p>\n \n Also Read: Rupee falls 7 paise to 88.27 against US dollar in early trade<\/a>\n <\/p>\n \n Vodafone Idea shares surge 12% after government says not opposing relief plea\n <\/p>\n \n https:\/\/youtu.be\/Ra6fYI1OeRQ?si=DvF0p_SD43xasIIw<\/a>\n <\/p>\n \n Shares of Vodafone Idea Ltd. gained 12% after the Centre told the Supreme Court that it does not oppose Vodafone Idea’s plea on AGR dues, but some solution is required as the Centre is also an equity holder.\n <\/p>\n \n The Supreme Court observed that there has to be some finality to these proceedings. It has deferred the hearing of Vodafone Idea’s plea to September 26.\n <\/p>\n \n India examining US revocation of Chabahar sanctions waiver: MEA\n <\/p>\n \n https:\/\/youtu.be\/yZR8lnK8a2Y?si=AsEPsT67dYjlzciI<\/a>\n <\/p>\n \n India is assessing the implications of Washington’s decision to revoke the sanctions waiver for the Chabahar Port project in Iran, a move that could disrupt one of New Delhi\u2019s most critical regional connectivity initiatives.\n <\/p>\n \n “We have seen the US press statement regarding revocation of sanctions waiver for Chabahar Port. We are presently examining its implications for India,” the Ministry of External Affairs (MEA) said on Friday.\n <\/p>\n \n Excusive | Home Minister Amit Shah hails GST 2.0 as one of the greatest reforms ever\n <\/p>\n \n Speaking in an exclusive interview with Network18, Union Home Minister Amit Shah hailed the Narendra Modi government\u2019s Goods and Services Tax (GST) reform as one of the most significant economic overhauls in independent India.\n <\/p>\n \n Shah said the GST had replaced 16 different taxes with a unified system, streamlining the economy and boosting exports.”GST has not only simplified the tax structure but has also opened new doors for trade and development. It’s a landmark in India’s economic journey,” Shah told Network18 Group Editor Rahul Joshi.<\/a>\n <\/p>\n \n India reacts to Saudi-Pakistan defence pact, calls for \u2018mutual sensitivities\u2019\n <\/p>\n \n https:\/\/youtu.be\/cPCg4rV35vc?si=kFCj2xNIzl3O_vwC<\/a>\n <\/p>\n \n New Delhi on Friday said it expects Saudi Arabia to respect \u201cmutual interests and sensitivities\u201d in the wake of Riyadh signing a strategic defence pact with Pakistan.\n <\/p>\n \n The agreement, signed in Riyadh on Wednesday, states that \u201cany aggression against either of the two countries shall be considered as an aggression against both.\u201d Saudi Crown Prince Mohammed bin Salman Abdulaziz Al Saud and Pakistan Prime Minister Shehbaz Sharif signed the pact, with Sharif accompanied by Pakistan Army chief Field Marshal Asim Munir and Defence Minister Khawaja Asif.\n <\/p>\n \n \u201cIndia and Saudi Arabia have a wide-ranging strategic partnership that has deepened considerably in the last few years,\u201d External Affairs Ministry spokesperson Randhir Jaiswal said at his weekly briefing.\n <\/p>\n \n Also Read: Piyush Goyal visits BAPS Hindu temple in Abu Dhabi, calls it ‘testament’ to India-UAE ties<\/a>\n <\/p>\n \n Trump says he’s ‘very close’ to India, PM Modi but sanctioned them for buying Russian crude oil\n <\/p>\n \n https:\/\/youtu.be\/AK-ijB7a9ew?si=TiMs8BFdrV4o5uRX<\/a>\n <\/p>\n \n US President Donald Trump on Thursday said he is “very close” to India and shares a strong personal rapport with Prime Minister Narendra Modi.\n <\/p>\n \n Addressing a joint press conference with UK Prime Minister Keir Starmer at Chequers, the British PM’s countryside residence, Trump said he has a \u201cvery good relationship\u201d with Modi and also wished him on his 75th birthday \u2014 a gesture reciprocated by the Indian leader with a \u201cbeautiful\u201d statement.\n <\/p>\n \n Sanjiv Goenka says RPSG group will foray into cell and module manufacturing: Exclusive\n <\/p>\n \n https:\/\/youtu.be\/_7bFMez-bdQ?si=qbEkhiGGxn00J_gX<\/a>\n <\/p>\n \n The RPSG Group will be foraying into module and cell manufacturing with some capacity coming on stream in the next few days, Chairman Sanjiv Goenka told CNBC-TV18 first and exclusively, in an interaction on Friday, September 19.\n <\/p>\n \n Goenka said that within the next three years, there will be 3 GW each of cell and module capacity that will go on stream.\n <\/p>\n \n Also Read: Sanjiv Goenka hints at IPO for RPSG\u2019s renewables business in the next 12-18 months<\/a>\n <\/p>\n \n Top 3 banks have lent over \u20b91 lakh crore to stockbrokers\n <\/p>\n<\/p>\n
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