Latest News, Updates & Breaking Headlines
Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…
India is expected to see a sharp surge in battery energy storage capacity this year, with additions likely to rise almost ten times to around 5 GWh in 2026 from 507 MWh in 2025, driven largely by a massive pipeline of projects now moving into the execution stage.According to a study released by the India…
Driving the news Indian investors are entering 2026 after one of the most counterintuitive years in recent memory. While the Nifty 50 clawed back to record highs after a frustrating 14-month consolidation, the true “multibagger” wasn’t a tech stock or a small-cap darling: it was gold.The yellow metal surged from roughly Rs 78,000 per 10…
File photo: Chinese President Xi Jinping and Japanese PM Sanae Takaichi (Picture credit: AP) China on Tuesday banned exports of dual-use goods that can serve both civilian and military purposes to Japan, a move that comes amid heightened tensions between the two countries over Taiwan.In a statement, China’s commerce ministry said exports of such items…
For the Union Budget 2026, the government may be considering women-centric financial measures, with a focus on strengthening credit and insurance access through Jan Dhan accounts, as part of its wider push towards universal financial inclusion. Alongside this, the government is also considering suggestions to widen the scope of the Jan Suraksha schemes and provide…
Reliance Industries Limited (RIL) stock tumbled 5% on Tuesday, falling to an intraday low of Rs 1,497.05 on the Bombay Stock Exchange. The share price plunged after RIL denied a Bloomberg report claiming that its Jamnagar refinery will be receiving three ships of Russian crude oil.On the BSE, the stock closed at 1507.70, shedding 69.75…
Authorities have asked oil refiners to provide weekly updates on their purchases of crude from Russia and the United States. (AI image) India’s crude oil imports from Russia may see a sharp fall in January, with Reliance Industries saying that it does not expect to receive any Russian crude shipments. This could bring down India’s…
Americans may have enjoyed some short-term relief in 2025, as President Donald Trump’s tariffs did not immediately drive up living costs. But for 2026 could bring a different picture, economists have warned, with prices expected to rise as businesses start passing the additional tariff costs on to consumers.Last year, United States collected $187 billion more…
This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…
Wipro will continue to allow for temporary remote working, but the allowable number of such days has been reduced to 12 from 15 in a calendar year. IT services giant Wipro has tweaked its work from office policy, putting in more stringent checks for employees. The new rules require employees to stay in the office…
