Business News
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SEBI's new auction system is changing how stocks close
Sebi plans to implement a Closing Auction Session (CAS) to determine closing prices in the equity market, aiming to enhance price integrity and reduce volatility.
Nifty, Sensex set for a flat start as trade war worries linger
Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat on Tuesday due to weak global cues. The market is expected to remain range-bound in the near term.
PhonePe smashes UPI records in December 2025
PhonePe led India's UPI ecosystem in December with 9.81 billion transactions, while the government-backed BHIM app surpassed CRED in transaction volume.
IKEA is going big in India—more stores, more choices
Swedish furniture retailer, IKEA, plans to more than double its investment in India to over $2.2 billion in the next five years.
Bengaluru's Bolna raises $6.3 million to boost voice AI in Indian languages
Bengaluru-based voice AI startup Bolna has raised $6.3 million in a seed round led by General Catalyst, aiming to automate high-volume voice interactions for enterprises.
Gold prices hit ₹2 lakh—what's going on?
Gold prices on Comex fell by 1.43% to $4,680.40, following a record surge amid geopolitical tensions and anticipated US rate cuts.
1 in 5 Nifty 50 stocks lost money—even as the index grew
Despite broader index gains, nearly 20% of India's Nifty 50 stocks have seen flat to negative returns over the past three years.
IKEA brings online shopping to Tamil Nadu
IKEA has launched online deliveries across Tamil Nadu, offering over 6,400 home furnishing products via its app and website.
Elon Musk vs Ryanair CEO: Starlink sparks a social media showdown
Elon Musk has stirred up social media by conducting a poll asking if he should buy Ryanair, amid an ongoing public dispute with the airline's CEO.
OPEC+ sticks to oil output targets as market faces oversupply
Oil prices remain steady as tensions over US intentions towards Greenland and concerns about a global surplus continue to influence the market.
Asian stocks slip as Trump revives tariff threats on NATO allies
Asian shares and US treasuries fell as President Trump's tariff threats over Greenland reignited trade tensions, dampening investor risk appetite.
India needs to upskill fast to keep up with AI, says Andrew Ng
Coursera cofounder and AI pioneer, Andrew Ng, warns of severe job disruption in India's IT industry unless rapid AI upskilling occurs.
Wall Street futures drop after Trump's new tariff threats
Wall Street futures continue to trade with losses, with Dow Jones futures down over 400 points as trading resumes after Monday's holiday.
IndiGo must prove it can operate 2,000 daily flights post-February
IndiGo may temporarily reduce flights after February 10, when the DGCA's flight-duty time limitations (FDTL) exemption ends, necessitating more pilot recruitment.
Ikea to invest ₹10,500cr in India over next 5 years
Ikea intends to invest an additional Rs 10,500 crore in India over the next five years, aiming to significantly increase its retail store count.
India to announce $1 billion package for footwear manufacturing: Report
The Indian government is preparing a $1 billion package to stimulate domestic footwear manufacturing, following the US's imposition of a 50% tariff on Indian exports.
The Whole Truth raises $34 million in Series D funding round
Clean-label health food brand, The Whole Truth, is set to raise around $34 million in a Series D round, pushing its valuation to approximately $400 million.
Hindustan Zinc hits record profits as silver prices soar
Hindustan Zinc reported its highest ever profit, sales, and earnings in the December quarter of 2025, driven by a significant increase in silver prices and production.
JioHotstar raises subscription prices in India: Check new rates
JioHotstar, the popular streaming platform, has announced a price hike for its Super and Premium subscription plans.
Budget 2026: Industry wants GST-like simplification for customs duty
Ahead of the upcoming Union Budget, Indian businesses are pushing for a GST-style simplification of the customs duty regime.
Indian rupee breaches ₹91/$ again amid trade pressures
The Indian rupee has breached the 91-a-dollar mark for the second time this month, closing at 90.92 (provisional) against the greenback on Monday.
US Supreme Court to rule on Trump's tariffs tomorrow
The US Supreme Court is scheduled to deliver its next round of rulings on January 20 at 10am ET.
Global economy to grow at 3.3% in 2026: IMF
The International Monetary Fund (IMF) has projected a resilient global economic growth of 3.3% in 2026 and 3.2% in 2027.
Delhi HC scraps income tax reassessment notices to NDTV founders
The Delhi High Court has slammed the Income Tax Department for "harassment" of NDTV founders Prannoy Roy and Radhika Roy.
Real estate sector urges tax reforms in Budget 2026
Ahead of the Union Budget 2026, real estate stakeholders are pushing for tax reforms and increased government funding.
Reliance Jio IPO: What's holding up India's biggest-ever public listing
Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, is gearing up for the much-anticipated public listing of Jio Platforms.
Why IndiGo shares are up 4% despite DGCA's ₹22cr fine
IndiGo's shares rose by 4% today, despite the airline being slapped with a ₹22 crore fine by the Directorate General of Civil Aviation (DGCA) over flight cancellations last month.
Budget 2026: Fertilizer industry urges duty cuts and GST relief
The Fertiliser Association of India (FAI) has proposed reforms in the Union Budget for 2026-27.
Shares of electronics manufacturers crash 50%: Good time to buy?
Shares of top electronics manufacturing services (EMS) companies in India have witnessed a major correction.
Tech Mahindra among top AI adopters globally: World Economic Forum
Indian IT giant Tech Mahindra has been recognized for its pioneering work in artificial intelligence (AI) adoption.
Punjab National Bank's Q3 profit rises 12% to ₹5,190cr
Punjab National Bank (PNB), the government-owned lender, has announced an 11.6% year-on-year (YoY) growth in its consolidated net profit for the December quarter of FY26.
Reliance says quick commerce, FMCG ventures are now turning profitable
Reliance Industries has announced that its two major consumer-focused businesses, quick commerce and fast-moving consumer goods (FMCG), have started generating positive cash flow.
Will Budget 2026 ease TDS rules for NRI property sales?
Non-resident Indians (NRIs) selling property are facing significant financial challenges due to the current tax regulations.
What is EU's 'trade bazooka' against Trump's new tariff threat?
US President Donald Trump's renewed interest in acquiring Greenland has sparked a major trade confrontation with the European Union (EU).
China's transformer exports hit record high: Here we decode why
China has witnessed a massive surge in transformer exports, raking in a record CNY 64.6 billion ($9.3 billion) in 2025.
Clean energy platform LNK Energy launched with ₹10,000cr investment
Three Indian entrepreneurs have launched a next-generation integrated clean energy platform called LNK Energy.
What do jewelers want from Union Budget 2026?
The All India Gem & Jewellery Domestic Council (GJC) has urged Finance Minister Nirmala Sitharaman to consider its suggestions for the 2026-27 Union Budget .
Wipro shares down almost 10% today: What's the reason?
Wipro's shares plummeted nearly 10% to ₹243.20 each in today's trading session, following the company's disappointing Q3 results.
Why Donald Trump has slammed New York Stock Exchange
US President Donald Trump has criticized the decision to establish a New York Stock Exchange (NYSE) in Dallas, Texas.
Shadowfax Technologies' ₹1,900cr IPO opens tomorrow: Should you bid?
Bengaluru-based logistics company Shadowfax Technologies will launch its ₹1,907 crore initial public offering (IPO) on Tuesday.
Sun Pharma weighs $10B bid for US-based women's health firm
India's leading pharmaceutical company, Sun Pharmaceutical Industries Ltd, is considering a major acquisition, according to The Economic Times.
Will India abolish old tax regime in upcoming Budget 2026?
As the Budget 2026 nears, a question is being asked by taxpayers: will the government finally abolish the old tax regime?
India on track to become 'upper-middle-income' country by 2030
India is on track to transition from a 'lower-middle-income' to an 'upper-middle-income' country by 2030, according to a recent report by SBI Research.
BRICS nations should link digital currencies, reducing dollar reliance: RBI
India's central bank, the Reserve Bank of India (RBI), has proposed that BRICS countries connect their official digital currencies, according to Reuters.
Bharat Coking Coal stock lists at 96% above IPO price
Bharat Coking Coal Ltd (BCCL) made a stellar debut on the National Stock Exchange (NSE) today, listing at ₹45 per share.
Wipro to decide on salary hikes soon
Wipro's Chief Human Resources Officer (CHRO) Saurabh Govil has announced that the company will soon make a decision on salary hikes.
Can IndiGo sustain 2,000 daily flights?
IndiGo, India's largest airline, is under pressure to confirm its capability of sustaining over 2,000 daily flights.
World's 12 richest people have more wealth than poorest half
The world's billionaires saw their collective wealth hit a record high of $18.3 trillion in 2025, according to charity organization Oxfam.
Silver surges past ₹3L/kg for first time ever
Silver prices have hit a new high on the Multi-Commodity Exchange (MCX), crossing the ₹3 lakh per kilogram mark for the first time.
Budget 2026: Will aircraft get infrastructure status? What it means?
The Union Budget for 2026-27 may consider granting infrastructure status to aircraft, a move that could significantly boost the growth of India's aviation sector.
All your savings, investments may soon appear in one statement
India's banking and financial services customers could soon get a consolidated view of their savings and investments.
Sensex tanks 500 points: What's behind today's decline?
The Indian equity benchmarks opened nearly 0.5% lower on Monday, dragged down by weak global cues and continued foreign fund selling.
Gold, silver hit record high after Trump's Greenland tariff threats
Gold and silver prices have hit record highs amid fears of a US-Europe trade war over President Donald Trump's aggressive stance on Greenland.
China meets 5% growth target in 2025 despite Trump's tariffs
China's economy grew by 5% in 2025, according to government figures. The growth was driven by record exports that helped Beijing meet its annual target of "around 5%."
Breaking norms, Sequoia to invest in Anthropic
In a surprising turn of events, Sequoia Capital has decided to invest in Anthropic, the AI start-up behind Claude, according to the Financial Times.
Union Budget 2026: Import duty cuts on electronic components requested
The Manufacturers Association for Information Technology (MAIT) has urged the Indian government to consider reducing import duties on key electronic components in its upcoming Union Budget.
Micron to acquire Taiwanese chip manufacturing facility for $1.8B
Micron Technology has announced its plan to acquire a semiconductor fabrication site in Taiwan from Powerchip Semiconductor Manufacturing for $1.8 billion.
Budget 2026: Senior citizens may get tax relief on healthcare
Deloitte India's Executive Director, Tarun Garg, has predicted that the upcoming Union Budget for 2026-27 could offer significant tax benefits to senior citizens.
CII's Business Confidence Index hits 5-quarter high: What's the reason?
The Confederation of Indian Industry (CII) has reported a significant rise in its Business Confidence Index (BCI), which has hit a five-quarter high of 66.5 in Q3 FY26.
Market cap of India's top 3 firms up by ₹75,855cr
The combined market capitalization of three of India's top-10 most valued companies rose by ₹75,855.43 crore last week. The surge was led by the State Bank of India (SBI) and Infosys.
Brazil, Nigeria emerge as key markets for Indian pharma exports
Brazil and Nigeria are fast becoming major export destinations for Indian pharmaceutical companies, according to data from the Ministry of Commerce.
Budget 2026: Market players want tax relief on equity investments
Ahead of the Union Budget for 2026-27, market participants are demanding a reduction in capital market taxation.
DISCOMs post ₹2,700cr profit after 10 years of losses
India's power distribution utilities (DISCOMs) have reported a net profit of ₹2,701 crore in the fiscal year 2025 (FY25), marking a major turnaround from a loss of ₹25,553 crore in FY24.
Adani Solar secures spot in Wood-Mackenzie's rankings: Why it matters
Adani Solar, the solar photovoltaic manufacturing division of Adani New Industries Limited (ANIL), has made a major mark on the global clean energy stage.
Indian firm bags $350M contract for Africa's biggest oil refinery
Engineers India Limited (EIL), a state-owned company, has won a contract worth over $350 million from Nigeria's Dangote Group.
Odisha bags investment commitments worth ₹1L crore in Kolkata
The Odisha government has bagged investment commitments and proposals worth around ₹1 lakh crore during an investors' roadshow in Kolkata.
Why Neville Tata's induction in SRTT board has been delayed
The Sir Ratan Tata Trusts board meeting, scheduled for yesterday, was canceled due to a lack of quorum.
How Trump's Greenland tariffs could impact gold, silver prices
US President Donald Trump has threatened several NATO countries with tariffs of up to 25% in his quest to acquire Greenland.
Musk hints at 'mind-blowing' revelations in upcoming OpenAI trial
Elon Musk has hinted at explosive revelations in his lawsuit against OpenAI, the AI company he co-founded. The case is set to go to trial in late April.
India to grow at 7% in FY27 despite global uncertainties
India's economy is projected to grow at a healthy rate of 7% in the fiscal year 2026-27, according to CareEdge Ratings.
FPIs withdraw ₹22,500cr from Indian equities in January
Foreign Portfolio Investors (FPIs) have pulled out over ₹22,530 crore (approximately $2.5 billion) from Indian equities this month.
AI investments will drive power demand, but create jobs: WEF
Artificial Intelligence (AI) investments are surging globally, with the US and China leading the way.
IndiGo faces ₹1,180cr hit after DGCA's final enforcement order
India's aviation regulator, the Directorate General of Civil Aviation (DGCA), has issued a final enforcement order against IndiGo.
Why Trump slammed JPMorgan CEO and threatened to sue bank
US President Donald Trump has lashed out at Jamie Dimon, the CEO of JPMorgan Chase & Co.
4 IPOs to hit primary market next week
The primary market is gearing up for another active week, with four new initial public offerings (IPOs) set to open for subscription.
EU lawmakers may freeze trade deal after Trump's Greenland tariffs
European Union (EU) lawmakers are likely to suspend the ratification of a trade deal with the US.
UPI's growth stalling: Can Budget save India's digital payment system?
India's Unified Payments Interface (UPI) has revolutionized the country's digital payment landscape, but it is now facing a major challenge.
Why Silicon Valley billionaires are thinking about fleeing California
Silicon Valley billionaires are considering leaving California, but it's not just the 5% wealth tax rate that's driving them away.
Trump seeks $1B buy-in for seats on Board of Peace
The Trump administration is asking countries interested in a permanent seat on its new Board of Peace to contribute at least $1 billion.
Musk seeks up to $134B in damages from OpenAI, Microsoft
Elon Musk is seeking damages between $79 billion and $134 billion from OpenAI and Microsoft, according to Bloomberg.
Budget 2026: Modi government might allocate ₹28,000cr for food-processing schemes
The Indian government is planning to significantly increase funding for its key food processing initiatives in the upcoming Union Budget.
UCO Bank's Q3 profit up by 15.8% to ₹739cr
UCO Bank has reported a strong performance for the third quarter of FY26, with a net profit increase of 15.76% year-on-year (YoY) to ₹739.51 crore.