Business News
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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.
FIIs offload ₹22,530cr worth of domestic stocks this month
Foreign institutional investors (FIIs) have continued their selling spree in the Indian stock market, offloading domestic equities worth ₹22,530 crore in the first half of January.
Why China's US debt holdings is at 17-year low
China has reduced its holdings of US Treasury bonds to a 17-year low, amid unsettling ties with Washington.
FPIs withdraw ₹14,266cr from Indian equities this week
Foreign portfolio investors (FPIs) have continued their selling spree in Indian equities, pulling out ₹14,266 crore during the week ending January 16.
ICICI Bank's Q3 profit down by 4% to ₹11,318cr
ICICI Bank, India's second-largest private lender, has reported a 4% decline in its standalone net profit for the December quarter.
HDFC Bank's Q3 profit up 11.5% to ₹18,654cr
HDFC Bank has reported a standalone net profit of ₹18,653.75 crore for the third quarter ending December 2025.
IDBI Bank's Q3 results: Net profit jumps 1.4% to ₹1,935cr
IDBI Bank has announced its financial results for the third quarter of FY26, ending December 31, 2025.
Yes Bank's Q3 profit surges 55% to ₹952cr
Yes Bank has reported a massive 55% jump in its standalone net profit for the December quarter.
India needs tariff overhaul to boost manufacturing, exports: GTRI
India needs a major overhaul of its import tariff structure and customs administration to cut the trade costs, boost manufacturing competitiveness, and also revive export growth.
JioStar reports 11.6% revenue growth in Q3, but profit dips
JioStar, the Reliance-controlled media and entertainment firm, has reported an 11.6% sequential increase in its revenue for the December quarter.
SEBI announces new framework for equity market: What's new?
The Securities and Exchange Board of India (SEBI) has announced a new framework for determining closing prices in the equity cash segment.
FTC is investigating Big Tech's talent acquisition deals in US
The US Federal Trade Commission (FTC) is investigating major technology companies that are opting to hire employees from start-ups instead of acquiring the companies directly.
Musk jokes he wants to buy low-cost airline Ryanair
Elon Musk's latest spat with Ryanair CEO Michael O'Leary has taken the internet by storm.
Google to appeal ruling that said it monopolized online search
Google will appeal a US federal court ruling that found the tech giant guilty of illegally monopolizing online search.
Trump's $100M bond purchases span Netflix, Warner Bros Discovery
US President Donald Trump has expanded his investment portfolio by purchasing around $100 million in municipal and corporate bonds.
New labor codes to come into effect from April 1
The Ministry of Labor and Employment is mulling over the implementation of new Labor Codes from April 1.
Crypto industry demands regulatory clarity, tax relief in Budget 2026
The virtual digital assets (VDAs) sector in India is looking for regulatory clarity, a clear taxation policy, and a cryptocurrency framework in the upcoming Union Budget 2026.
Budget 2026: Auto industry seeks export boost, road infra push
The Indian automotive industry is calling for enhanced support for exports and continued investment in road infrastructure in the upcoming Union Budget.
EPFO members can withdraw money via UPI from April
Employees' Provident Fund Organization (EPFO) subscribers will soon be able to withdraw their provident fund (EPF) directly into their bank accounts through the Unified Payment Interface (UPI).
What's SWAGAT-FI, SEBI's framework to simplify registration for foreign investors
The Securities and Exchange Board of India (SEBI) has announced the rollout of the Single Window Automatic and Generalized Access for Trusted Foreign Investors (SWAGAT-FI) framework.
India's forex reserves rise by $390M to $690B
India's foreign exchange reserves have witnessed a significant increase of $392 million, reaching a total of $687.19 billion as of January 9, 2026.
India now has 2L start-ups, 125 unicorns: PM Modi
Prime Minister Narendra Modi has announced that India is home to over two lakh start-ups and more than 125 active unicorns.
Air India Express sets new milestone with its Boeing aircraft
Air India Express has successfully operated the first international commercial flight of its newly inducted Boeing 737-8 MAX aircraft, VT-RNT.
Why parts suppliers of NVIDIA's H200 chip have paused production
Suppliers of components for NVIDIA's H200 AI chip have halted production after Chinese customs officials blocked shipments from entering the country.
xAI illegally operated natural gas turbines at Colossus centers: EPA
Elon Musk's artificial intelligence company, xAI, has been found to have illegally operated natural gas turbines at its Colossus data centers in Tennessee.
Budget 2026: Stock markets to remain open on a Sunday
In a rare move, India's leading stock exchanges, the National Stock Exchange (NSE) and BSE Ltd., will remain open on Sunday, February 1, 2026.
Hyundai hires Tesla's robotics chief to boost AI, automation efforts
Hyundai Motor Group has appointed Milan Kovac, a former Tesla vice president and expert in autonomous driving and robotics, as an advisor.
Flipkart stake sale taxable in India, SC rules
The Supreme Court of India has ruled that capital gains from the 2018 sale of a stake in Flipkart by Mauritius-based Tiger Global International II, III, and IV Holdings are taxable in India.
Bill Gates plans to wind down Gates Foundation
Bill Gates, the co-founder of Microsoft, has started the process of shutting down the Bill & Melinda Gates Foundation.
Air India, Singapore Airlines strengthen ties with new framework deal
Air India and Singapore Airlines (SIA) have signed a commercial cooperation framework agreement to strengthen their long-standing partnership.
Budget 2026: Could married couples get some tax relief?
Ahead of the Union Budget, married taxpayers in India could get some relief.
IMF likely to upgrade India's growth forecast
The International Monetary Fund (IMF) is expected to revise its growth forecast for India in the upcoming World Economic Outlook report.
Will Budget 2026 make new income tax regime even better?
As the Budget 2026 nears, salaried and middle-class taxpayers are eagerly waiting for Finance Minister Nirmala Sitharaman's announcement on February 1.