BILKUL BAZAAR— The Weekly News Wrap

Bilkul Bazaar | Sunday Special

September 26 – October 3, 2026

National Business News Highlights

1. Indian Companies Raise Record ₹2.43 Lakh Crore in H1 FY27
Indian companies raised a record ₹2.43 lakh crore through equity markets during April–September, up 75% year-on-year. The strong primary-market activity came despite a relatively weak secondary market.

2. RBI Warns Against Complacency Over Financial Stability
RBI Governor Sanjay Malhotra said India’s financial system remains resilient but warned that financial vulnerabilities can build quickly. He stressed the need for continued vigilance amid global uncertainties.

3. GST Collections Rise 14.7% to ₹2.04 Lakh Crore
India’s GST revenue for September rose 14.7% year-on-year to ₹2.04 lakh crore, reflecting continued strength in domestic economic activity and tax collections.

4. India’s IPO Market Records Strong July–September Quarter
IPO activity remained exceptionally strong, with listing proceeds crossing $9 billion during July–September, the highest ever for the quarter.

5. Tata Steel Invests $340 Million in Overseas Subsidiary
Tata Steel infused $340 million into T Steel Holdings, maintaining its full ownership of the subsidiary and taking cumulative foreign investment in the entity beyond $26 billion.

6. L&T Wins Dubai Road Projects Worth Up to ₹7,500 Crore
Larsen & Toubro secured two major road contracts from Dubai’s Roads and Transport Authority, strengthening its international infrastructure order book.

7. Reliance Industries Raises ₹13,000 Crore Through Bonds
Reliance Industries raised ₹13,000 crore through 10-year rupee bonds at a 7.90% coupon. The latest issue took its September bond fundraising to ₹25,000 crore.

8. Apple Pay Arrives in India
Apple Pay officially entered the Indian market, initially supporting eligible Visa and Mastercard cards issued by participating banks. Axis Bank emerged as one of the first banking partners.

9. Banking Sector Posts Strong Q2 Business Growth
Bank of India and Jammu & Kashmir Bank reported strong September-quarter growth. BoI’s gross advances rose 20.4%, while J&K Bank’s advances grew 23.7% year-on-year. Several other public-sector banks also recorded healthy credit growth.

10. Coca-Cola Explores $1 Billion India Bottling IPO
Coca-Cola is considering a December filing for an IPO of its India bottling business, potentially making it one of the country’s notable upcoming consumer-sector listings.

 Weekly International Business News Highlights

1. G7 Moves to Release 100 Million Barrels of Oil and Fuel
The G7 agreed on a coordinated release of up to 100 million barrels of oil and refined fuel from emergency reserves to ease pressure on global energy markets.

2. China Announces Fresh Economic Stimulus
China introduced another round of measures to support its slowing economy, including interest-rate reductions and targeted assistance for infrastructure, technology firms, smaller businesses and rural enterprises.

3. Global Manufacturing Hits Four-Year High
Global manufacturing activity strengthened sharply in September, with the global PMI reaching its highest level since February 2022. Production, new orders and employment all showed improvement, although input-cost pressures also increased.

4. Anthropic Moves Toward Major IPO
AI company Anthropic’s IPO plans came into focus with its prospectus highlighting ambitious growth expectations alongside rapidly rising costs, underlining the enormous capital requirements of the generative-AI industry.

5. US-China Trade Tensions Show Signs of Easing
Washington and Beijing moved toward lower tariffs on selected categories of goods, signalling a possible reduction in trade tensions even as broader differences between the world’s two largest economies remain.

Quote of the Week

“Whenever you see a successful business, someone once made a courageous decision.”
— Peter Drucker

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