September 8, 2026: Indian benchmark equity indices declined for the second consecutive session, with the Sensex falling 555 points and the Nifty losing 144 points. Meanwhile, the Department of Telecommunications said its Financial Fraud Risk Indicator has helped prevent suspected cyber fraud losses exceeding ₹5,000 crore.
Top Business Headlines
- Sensex Falls 555 Points, Nifty Declines 144 Points
Benchmark domestic equity indices ended lower for the second consecutive day on September 8. The Sensex fell 555 points, or 0.73%, to close at 75,578, while the Nifty declined 144 points, or 0.61%, to settle at 23,635. - DoT Prevents Suspected Cyber Fraud Losses of Over ₹5,000 Crore Through FRI
The Department of Telecommunications said its Financial Fraud Risk Indicator (FRI) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore within 15 months of its launch. The analytical framework was launched on May 22, 2025. - UK Recognises India’s Carbon Credit Scheme Under CBAM
The UK has recognised India’s Carbon Credit Trading Scheme as an eligible carbon-pricing mechanism under its Carbon Border Adjustment Mechanism. The move is expected to prevent Indian exporters from facing dual carbon-related charges on covered goods such as steel and aluminium. - Gold Rises 0.2%, Silver Gains 0.9% in Indian Bullion Market
On September 8, 24-carat gold rose 0.2% to ₹1,53,077 per 10 grams, while silver increased 0.9% to ₹2,33,826 per kilogram. - IMF Acknowledges India’s Fiscal Consolidation Efforts
IMF Deputy Managing Director Nigel Clarke acknowledged India’s economic performance, resilience and growth track record amid the global economic situation. The IMF also recognised the government’s fiscal consolidation efforts and support measures following the West Asian crisis. - Piyush Goyal Urges Pharma Industry to Leverage FTA Opportunities
Commerce and Industry Minister Piyush Goyal urged the pharmaceutical industry to utilise free trade agreement opportunities to strengthen India’s position as the “pharmacy of the world” and develop the country as a global medical and healthcare destination. - Oil Prices Rise Amid Supply Disruption Concerns
Global crude oil prices climbed to near six-week highs amid renewed strikes over the weekend in the Strait, raising concerns about supply disruptions. Brent crude rose 1.1% to $97.37 per barrel in intra-day trade, while West Texas Intermediate also gained. - Asian Markets Rise While European Indices Show Mixed Trends
Asian markets advanced on September 7, with South Korea’s Kospi surging 4.6% and Japan’s Nikkei 225 gaining 2.1%. European markets were mixed, with Germany’s DAX down 0.4% and London’s FTSE 100 up 0.1%.
