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Asian markets opened on a weak note on Tuesday, as most indices slipped into the red as investors reacted to trade tensions and political developments in Japan. In US, markets remained closed for the Martin Luther King Jr Day holiday.Hong Kong’s HSI was up 35 points to 26,599. Nikkei trimmed 519 points or 0.97% to…
India and the United Arab Emirates sealed a major energy partnership with a long-term liquefied natural gas agreement worth more than $2.5 billion, the Emirati government announced on Monday. The deal was signed by ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, and Indian oil giant Hindustan Petroleum Corporation Ltd. Under the…
NEW DELHI: The Centre is readying a $1 billion package to boost footwear manufacturing in the country at a time when the sector is among those hit by the 50% tariff imposed by the US on Indian exports.The department for promotion of industry and internal trade had earlier proposed a production-linked incentive for the sector,…
BENGALURU: Volume hiring is giving way to skills-led recruitment as tech firms narrow fresher intake to specialised roles. Even as entry-level hiring slows, companies are offering packages ranging from Rs 16 lakh to Rs 55 lakh for niche fresher roles, underscoring how skills are increasingly trumping volume. Firms are wooing select freshers with higher pay…
MUMBAI: Monitoring the end-use of IPO proceeds is set to become more stringent, with the regulator likely to allow rating agencies to directly update stock exchanges with data on compliance with end-use norms by the companies.Currently, Sebi mandates equity issuers to appoint a credit rating agency to monitor most equity issues, excluding offer-for-sale where the…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today on January 20, 2026 are: NTPC, and Mphasis. Blue Star is a sell call. Let’s take a look:NTPC – Buy in the range between Rs 342…
MUMBAI: RBI has revised its priority sector lending norms allowing lending to the National Cooperative Development Corporation to qualify as priority sector loans, with the objective of expanding credit to cooperative societies while tightening compliance and reporting requirements for banks. The move is expected to open new channels of credit for cooperatives, particularly those engaged…
BENGALURU: LTIMindtree reported revenue of $1.2 billion for the Dec quarter, up 2.4% sequentially and 6.1% year-on-year. In constant currency terms, the company posted a 2.4% QoQ growth and a 5.2% increase YoY. The company’s operating margin rose to 16.1% in the Dec quarter, up from 15.9% in the Sept quarter and 13.8% in the…
NEW DELHI: A volatile geopolitical environment and global supply-chain disruptions are pushing India Inc to rethink its risk priorities. Sanctions risk has emerged among the top business threats, prompting domestic companies to increasingly seek assistance from legal and accounting firms to manage its immediate and disruptive impact. For companies, sanctions exposure is no longer a…
NEW DELHI: Punjab National Bank (PNB) MD & CEO Ashok Chandra Monday said the state-run lender is looking to grow organically in the southern states and there is no proposal on the table for any acquisition.“No decision or discussion regarding (any) acquisition has happened at the board level or at the govt level,” Chandra told…
