New Delhi: India’s largest private refiner, Reliance Industries Limited (RIL), has halted purchases of Russian crude oil in January 2026, amid growing concerns over global sanctions, even as state-run oil companies sharply increased imports to take advantage of steep discounts. According to industry sources and ship-tracking data, Reliance has not bought a single barrel of … Read more
Washington / New York:The U.S. dollar suffered its sharpest weekly decline in nearly eight months, even as U.S. stocks and Treasury bonds staged a modest recovery following President Donald Trump’s unexpected pivot on tariffs linked to Greenland-related trade discussions. While investors found reasons to re-enter equities and government bonds after a volatile start to the … Read more
Operational control of Bravia TVs to shift to TCL as Sony focuses on brand and technology Sony has taken a major strategic step to reshape its presence in the highly competitive global television market by entering into a joint venture with China’s TCL. Under the agreement, TCL will hold a 51% controlling stake in the … Read more
New Delhi: India’s largest airline, IndiGo, has assured the Directorate General of Civil Aviation (DGCA) that it will not cancel any flights after February 10, 2026, when the airline begins implementing the complete set of Flight Duty Time Limitation (FDTL) norms. The airline has informed the regulator that it now has a sufficient number of … Read more
New Delhi: The President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, popularly known as MBZ, is arriving in India today, January 19, on an official visit. This marks his third official visit to India as UAE President and is expected to further strengthen the India-UAE Comprehensive Strategic Partnership. Alongside diplomacy, MBZ’s … Read more
New Delhi: India’s quick commerce companies have revised their marketing strategy following nationwide protests by gig workers and intervention by the central government. Leading platforms Blinkit, Zepto, and Swiggy have announced that they will no longer promote or brand their services around “10-minute delivery” claims. The move comes after delivery partners staged countrywide demonstrations on … Read more
New Delhi, January 14, 2026:Indian stock markets are set for a weak start on Wednesday, as pre-market data showed GIFT Nifty futures trading lower by around 50 points early in the morning, indicating caution among traders ahead of the session. Domestic benchmark indices, the Sensex and Nifty 50, followed global cues with subdued momentum after … Read more
New Delhi । Ahead of the Union Budget 2026–27, the Ministry of Finance (FinMin) has initiated high-level discussions with key financial regulators — the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) — to firm up a comprehensive regulatory framework for crypto exchanges operating in the country, according to … Read more
New Delhi : At a time when global markets are under pressure due to rising trade tensions and concerns over fresh tariffs proposed by former US President Donald Trump, India’s stock markets have found an unlikely but powerful shield — domestic retail investors. Record investments through Systematic Investment Plans (SIPs) in mutual funds have helped … Read more
Washington / Beijing / Caracas Former U.S. President Donald Trump’s renewed push for American control over Venezuela’s vast oil reserves is colliding with a major global reality: Venezuela’s largest oil customer, China, is rapidly moving away from fossil fuels. While the Trump administration has reportedly sought to reposition Venezuela’s oil industry under U.S. influence—following a … Read more
New Delhi: The red metal, copper, is rapidly emerging as a major competitor to traditional precious metals such as gold and silver. Copper prices have surged to a historic high, crossing $13,000 per tonne, raising questions about whether it could outperform gold and silver in terms of returns in 2026. Copper Prices Hit Record High … Read more
Reliance Jio Platforms is expected to launch its much-anticipated Initial Public Offering (IPO) later this year or in early 2026, a move that could result in the largest IPO in Indian capital market history, according to a Reuters report. The IPO size is estimated to exceed $4 billion, potentially surpassing the $3.3 billion IPO of … Read more
New Delhi: The debate over cryptocurrencies and other Virtual Digital Assets (VDAs) continues to intensify worldwide, and India remains among the countries that have not granted them official approval. After the Reserve Bank of India (RBI), the Income Tax Department has now also raised strong concerns, highlighting the serious risks associated with cryptocurrencies. According to … Read more
Shares of Vedanta Ltd are expected to remain in focus after the company issued a significant clarification following media reports regarding its oil and gas operations. Vedanta informed stock exchanges that it had earlier applied to the Ministry of Petroleum and Natural Gas seeking an extension of the Production Sharing Contract (PSC) for one of … Read more
New Delhi: HDFC Bank shares have come under sharp selling pressure over the past two trading sessions, weighing on broader market sentiment. On Tuesday, the stock declined 2.2 per cent, extending its two-day fall to about 4.5 per cent. From its record high of ₹1,020, touched on October 23, 2025, the stock has corrected nearly … Read more
The Indian primary market is set for an action-packed week as five Initial Public Offerings (IPOs) are scheduled to open for subscription, offering investors a wide range of opportunities across different sectors. Early market indicators suggest strong enthusiasm, with Grey Market Premiums (GMPs) pointing to potential listing gains of up to 70% for select issues. … Read more
New Delhi The initial public offering (IPO) of Bharat Coking Coal Ltd (BCCL), a wholly-owned subsidiary of Coal India Ltd, is generating significant investor excitement as it prepares to open next week. The IPO is set to launch for subscription on January 9, 2026, and will remain open until January 13, marking it as the … Read more
New Delhi: In an important development for private sector employees, the Supreme Court has directed the Central Government to take a decision within four months on revising the wage ceiling under the Employees’ Provident Fund (EPF) scheme, which has remained unchanged for the last 11 years. A bench comprising Justice J.K. Maheshwari and Justice A.S. … Read more
With the rapid rise in electric vehicle (EV) adoption, the central government has unveiled a plan to introduce Aadhaar-like unique identification numbers for EV batteries to ensure end-to-end traceability, safety, and efficient recycling. The Ministry of Road Transport and Highways has proposed assigning a 21-character Battery Pack Aadhaar Number (BPAN) to every electric vehicle battery … Read more
A potential US-led takeover or restructuring of Venezuela’s oil sector could bring significant financial relief to India by unlocking nearly USD 1 billion in long-pending dues, while also helping revive crude production from Indian-operated oilfields in the sanctions-hit Latin American nation, according to analysts and industry sources. India was once a major processor of Venezuelan … Read more
Food delivery platform Zomato terminates nearly 5,000 gig workers every month, primarily due to cases of fraud, according to Deepinder Goyal, Founder and Chief Executive Officer of Eternal, the parent company of Zomato and quick commerce platform Blinkit. Speaking in a video podcast with YouTuber Raj Shamani, Goyal said that Zomato currently has around 7.5 … Read more
Hyderabad | In a landmark development for Indian aquaculture, Union Minister for Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan Singh, will inaugurate India’s first commercial-scale tropical rainbow trout farm on Monday in Hyderabad, Telangana. The facility will be inaugurated following the General Body Meeting at the Smart Green Aquaculture Farm and Research Institute, which also … Read more
Mumbai: India’s foreign exchange reserves have continued their upward momentum for the fourth consecutive week, supported by a rise in both foreign currency assets (FCA) and gold reserves. According to data released by the Reserve Bank of India (RBI), the country’s forex reserves increased by $3.293 billion during the week ended December 26, 2025. With … Read more
New Delhi: Two major food service operators in India, Sapphire Foods India Ltd (SFIL) and Devyani International Ltd (DIL), which run popular global brands such as KFC and Pizza Hut, are set to merge. The decision was approved in a board meeting held on Thursday. After the merger, the combined entity will operate more than … Read more
