CATEGORIES

Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead

BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.

Weaker Rupee to Raise Ticket Sizes of Foreign Education Loans: Experts

THE DEPRECIATING RUPEE is expected to slightly increase the average ticket size of overseas education loans, but it is unlikely to deter students from pursuing higher education abroad, Shweta Guru, chief business officer at Auxilo Finserve, said.

Billionaire wealth soars 3x faster by $2 trillion in 2024

BILLIONAIRE WEALTH ACROSS the globe surged by $2 trillion in 2024 to $15 trillion at a rate three times faster than the previous year, a study showed on Monday as the richest of the world began to assemble for their annual jamboree in this ski resort town.

Trump factor has implications for economy and business, says Birla

2025 WILL BE MARKED by uncertainty, unpredictability and will be unorthodox, Aditya Birla Group chairman Kumar Mangalam Birla said on Monday while reflecting on the year ahead.

On Day 2 of ceasefire, Gazans search for people under rubble

PALESTINIANS BEGAN SEARCHING on Monday for thousands of Gazans believed still buried under rubble, as residents expressed shock at the devastation wrought by 15 months of war on the enclave on the second day of a ceasefire between Israel and Hamas.

What the Financial Services Sector Needs

A Push to India's Economic Landscape

Bachchan's ₹83-crore deal: Mumbai property market sizzles again

CONTINUING WITH THE trend seen in 2024, Bollywood stars are keeping the Mumbai property market, especially the western suburbs, abuzz with a number of big-ticket deals in the new year.

Trump 2.0

India has to play its strategic cards well as campaign rhetoric often differs from governing realities

Kotak Bank to Maintain Its Margins

Aided by a rate-cut cycle & led by growth in high-yielding assets

KVB Net Profit Rises 20% to ₹496 Crore

KARUR VYSYA BANK (KVB) on Monday reported a 20% year-on-year increase in its net profit for the third quarter at ₹496 crore.

Budget 'AI' for digital skill training

THERE HAVE ALWAYS BEEN EXAGGERATED FEARS OF MASS DESTITUTION WITH EACH SHIFT IN TECHNOLOGY

RG Kar case 'not rarest of rare'; life term for convict

A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.

RBI Paves Way for Faster Resolution of Retail NPAs for ARCs

IN A RELIEF to asset reconstruction companies (ARCs), settling small-ticket bad loans of ₹1 crore or less will now be easier.

JSW Renew Energy files appeal against CERC tariff order

JSW RENEW ENERGY Five, a subsidiary of JSW Energy, has filed an appeal with the Appellate Tribunal for Electricity (APTEL) challenging the Central Electricity Regulatory Commission's (CERC) decision to reject the tariff adoption for its BESS pilot project dated January 2, 2025, according to people familiar with the matter.

IndusInd Bank CFO resigns, deputy CEO to take charge

INDUSIND BANK CHIEF financial officer Gobind Jain has resigned from his post to pursue other professional opportunities, the private lender said in an exchange filing on Monday.

TVS Enters Electric 3-Wheeler Market

TVS Motor Company on Monday entered the electric three-wheeler market with the launch of its King EV MAX model.

UBL to resume Telangana beer supply

HEINEKEN'S INDIAN UNIT, United Breweries, will resume beer supplies to Telangana, the company said on Monday, weeks after the firm halted supply over pricing and non-payment of dues by the state government.

Top firms to invest ₹3,516 cr under PLI for white goods

24 COMPANIES SELECTED OUT OF 38 APPLICATIONS UNDER SCHEME

Oil demand falling faster than it looks in China

IS CHINA STILL the best justification for ongoing crude demand, or the worst?

Blinkit's losses widen to ₹103 cr

BLINKIT, the quick commerce subsidiary of Zomato, reported a higher adjusted EBITDA loss of ₹103 crore for the October-December quarter, up from ₹89 crore during the same period last year.

Biocon seeks tax cuts on cancer drugs

THE GOVERNMENT SHOULD eliminate tax on drugs for cancer treatment and for chronic and rare diseases, Biocon chairperson Kiran Mazumdar-Shaw said ahead of the FY26 Budget on February 1.

Agentic framework will be the next big leap of AI

Artificial Intelligence (AI) is rapidly transforming industries, unlocking new possibilities, and challenging traditional business models.

Bajaj Finance, Airtel partner for digital financial services

IN A COLLABORATION that could transform the last-mile delivery, Bharti Airtel and Bajaj Finance have forged a partnership to create one of India's largest digital platforms for financial services.

Infy: Improvement in discretionary demand

Expects strong revenue growth of 5-7.9% in FY26

IOB profit rises 21% on strong growth in interest income

INDIAN OVERSEAS BANK (IOB) on Monday reported a 21% year-on-year rise in its net profit to ₹874 crore for the third quarter, driven by a strong growth in interest income.

Zomato Q3 profit plummets, misses estimates

FOOD & GROCERY DELIVERY FIRM'S REVENUE ROSE 64% TO ₹5,405 CR; BLINKIT BOOSTS EXPANSION TO OUTPACE RIVALS

Trump 2.0 promises show of strength

DONALD TRUMP WAS sworn in as US president on Monday, ushering in another turbulent four-year term with promises to push the limits of executive power, deport millions of immigrants, secure retribution against his political enemies and transform the role of the US on the world stage.

Groww Picks Banks for IPO at Up to $8-bn Valuation

BILLIONBRAINS GARAGE VENTURES has picked banks, including JPMorgan Chase & Co. and Kotak Mahindra Bank, for a potential initial public offering (IPO), sources said.

Ethanol production to get a boost from cut in FCI rice prices

The government's decision to significantly reduce prices of the rice allocated for ethanol manufacturers from the Food Corporation of India's surplus stocks would bring in stability in grain prices.

NCLT Orders Liquidation of Go First

THE NATIONAL COMPANY Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.