Here are the key India and global business developments to watch today:

🇮🇳 India Business

1. Indian markets may open slightly higher Indian equities are expected to start Friday modestly higher as crude oil prices ease. However, oil remains above $100 a barrel, while Middle East tensions and heavy IPO activity could limit market gains. The Nifty closed Thursday at 23,270.60.

2. Tata Group in focus Tata Sons has reappointed N. Chandrasekaran as executive chairman for another five years. Tata-related stocks are in focus amid continuing discussions around a potential Tata Sons public listing and a proposed stake sale by the Shapoorji Pallonji Group.

3. NSE IPO enters Day 2 The ₹22,560-crore NSE IPO received about 43% subscription on its first day, with the issue remaining open through September 21. The offering is one of the major factors attracting investor liquidity this week.

4. Foreign investors continue selling Foreign institutional investors were net sellers for a seventh consecutive session, while domestic institutional investors provided buying support. Indian benchmark indices are heading toward a sixth consecutive weekly decline, according to Reuters.

5. Oil remains a major economic risk Brent crude has slipped but remains around $104 per barrel. For India, sustained high oil prices could increase inflation pressure, affect corporate margins and put pressure on the current account.

6. India petroleum exports jump India’s petroleum exports increased 46% year over year, supported by improved terms of trade, recovering volumes and shipments to new markets.

7. RBI liquidity management in focus The RBI has been selling government securities to absorb surplus liquidity, with a ₹50,000-crore OMO sale reported on September 17. Market participants are also watching for potentially greater debt sales as monetary conditions evolve.

🌍 Global Business

8. Asian markets rise Asian equities mostly gained Friday after Wall Street’s rebound and a decline in crude prices. Japan’s Nikkei gained around 0.8%, while South Korea’s Kospi climbed more than 2%.

9. Bank of Japan raises rates The Bank of Japan raised its policy rate to 1.25%, its highest level in 31 years, in response to inflation risks. The yen nevertheless weakened following the decision.

10. U.S. markets rebound Wall Street recovered Thursday, with the S&P 500 up 1.1%, the Dow up 0.6%, and the Nasdaq gaining 1.7%, helped in part by technology stocks and easing oil prices.

📊 Today’s Big Business Themes

Theme	What to watch
🇮🇳 Indian stocks	Nifty/Sensex, FII flows
🛢️ Crude oil	Around $104 Brent
🏢 Tata Group	Tata Sons leadership & listing discussion
🚀 IPO market	NSE IPO and liquidity
🏦 RBI	Liquidity absorption and rates
🌏 Global markets	BOJ policy and Asian equities
💵 Currency	Dollar, yen and rupee movements

Bottom line: Today’s business landscape is being shaped by high oil prices, central-bank policy, India’s IPO boom, foreign investor flows and Tata Group developments.

The easing in crude prices is providing some relief to markets, but elevated energy costs and geopolitical risks remain important economic variables.