💹 *Daily Business Briefs | Mon, 21 Sep 2026*

_Markets open today ·

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📊 *ECONOMY & POLICY*

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🤝 *Textile body seeks talks as US law hits garments*

CITI urged the government to negotiate with Washington after the new US law threatened extra tariffs on Indian exports.

The law allows tariffs of up to 100% on top Russian-oil buyers, putting US-bound orders from the MSME-driven garment sector at risk.

📎 _Read: NDTV Profit_

https://www.ndtvprofit.com/business/explained-how-us-law-sanctioning-russian-oil-buyers-could-hit-indian-garment-exports-12071299

🏦 *FinMin preps for three-day bank strike*

The finance ministry meets PSB, RRB, IBA and Nabard chiefs today to review contingency plans for the nationwide strike from Sept 28.

Watch for disruption to public-sector bank operations through the strike window.

📎 _Read: Business Standard_

https://www.business-standard.com/finance/news/finance-ministry-to-meet-psb-iba-chiefs-ahead-of-three-day-bank-strike-126092000448_1.html

💻 *Trump extends H-1B curbs, tightens scrutiny*

Trump extended the H-1B entry restriction and ordered closer scrutiny of employers that have laid off US workers.

A watch-point for Indian IT services firms and Indian H-1B workers.

📎 _Read: NDTV Profit_

https://www.ndtvprofit.com/india/trumps-new-h-1b-order-how-will-indians-be-impacted-by-tighter-scrutiny-12069706

📈 *Exports to core BRICS jump 34% to $19.9 bn*

Apr-Aug exports to China, South Africa, Brazil and Russia rose from $14.9 bn, with China up 39% to $9.6 bn.

Their share of India’s exports rose to 9.2% from 8.1%; South Africa was fastest at 58%.

📎 _Read: Business Standard_

https://www.business-standard.com/economy/news/india-s-exports-to-core-brics-markets-surge-34-in-apr-aug-china-leads-126092000282_1.html

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🏢 *COMPANIES*

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💡 *Tata Trusts prepares legal fight over Chandrasekaran*

Tata Trusts, with a 66% stake in Tata Sons, is weighing court options against his reappointment, and Abhishek Manu Singhvi has joined the dispute.

The Trusts call the resolution void, so a fast-tracked legal process would prolong the governance overhang at the group.

📎 _Read: Business Standard_

https://www.business-standard.com/companies/news/noel-tata-prepares-for-court-battle-over-chandrasekaran-s-reappointment-126092000461_1.html

⚡ *Adani Power breaks ground on 3,200 MW Assam plant*

The Assam CM laid the foundation stone for the Chapar thermal project, part of a ₹63,000 cr investment.

That includes about ₹48,000 cr for Chapar and ₹15,000 cr for two pumped storage plants, adding thermal and storage capacity to its pipeline.

📎 _Read: NDTV Profit_

https://www.ndtvprofit.com/business/assam-cm-lays-foundation-stone-for-adani-powers-3-200-mw-thermal-project-12072267

📈 *India becomes key market for Samsung AI appliances*

Newly connected Samsung appliances in India rose from 82,000 in 2022 to 732,000 last year.

Samsung plans to extend AI features to mid-range and entry models, signalling a push down-market in consumer durables.

📎 _Read: Business Standard_

https://www.business-standard.com/companies/news/india-emerges-as-one-of-samsung-s-fastest-growing-markets-for-ai-appliances-126092000273_1.html

🔋 *NMDC targets 60 MT iron ore this fiscal*

The chairman aims to hit 60 MT this fiscal and scale to 100 MT by 2030-31.

The target is aligned with the National Steel Policy’s 300 MT domestic capacity goal, giving volume visibility.

📎 _Read: The Hindu_

https://www.thehindu.com/business/Industry/nmdc-looks-to-hit-60-mt-iron-ore-production-mark-this-fiscal-chairman/article71487223.ece

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🌍 *GLOBAL & WORLD*

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🔥 *Ukraine hits Moscow in its largest attack yet*

Moscow reports over 1,100 Ukrainian drones intercepted, while a Russian strike killed three children in Kyiv.

Escalation adds to the geopolitical risk premium on energy and commodities.

📎 _Read: NDTV Profit_

https://www.ndtvprofit.com/world/mass-drone-war-escalates-ukraine-launches-largest-attack-on-moscow-russian-strike-kills-three-children-in-kyiv-12071692

💻 *Anthropic, Accenture to invest $2 bn in AI evaluation*

The partnership targets AI model evaluation as regulators, companies and researchers press for safer, more reliable models.

Signals rising spend on AI assurance, relevant to IT services demand.

📎 _Read: The Hindu_

https://www.thehindu.com/sci-tech/technology/anthropic-accenture-to-invest-2-billion-in-ai-model-evaluation-as-safety-concerns-rise/article71483760.ece

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_Compiled by InvestoScope · 21 Sep 2026_