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Searched Tag: economy news
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Sensex snaps 3-day rally, slips 297 points on metal, IT sell-off

January 30, 2026, 07:13 PM - 3 min read

Benchmark indices fell on Friday as heavy selling in metal and IT stocks snapped a three-day rally, with investors turning cautious ahead of the Union Budget.

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Gold, silver slip after record-breaking rally

January 30, 2026, 04:47 PM - 3 min read

Gold fell Rs 14,000 per 10 grams and silver dropped Rs 20,000 per kg in New Delhi on Friday as investors booked profits. The sharp correction followed record highs, weak global trends, and a stronger US dollar, which intensified selling pressure in the bullion market.

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Rupee hits record low of 92.02, recovers marginally

January 30, 2026, 04:25 PM - 2 min read

The rupee hit an all-time low of 92.02 against the US dollar on Friday before closing marginally higher at 91.97, pressured by foreign fund outflows, a firm dollar and weak equities, despite softer crude oil prices.

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Govt extends BIS deadline on aluminium cans, industry relieved

January 25, 2026, 05:40 PM - 3 min read

The government has extended deadlines for mandatory BIS certification on aluminium cans used by the food and beverage industry, easing supply concerns ahead of summer. Beverage makers welcomed the move, saying it will prevent shortages, stabilise packaging supply chains and support peak-season demand growth.

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A file photo of Prime Minister Narendra Modi.

Quality key to global competitiveness: PM tells industry

January 25, 2026, 05:30 PM - 3 min read

Prime Minister Narendra Modi addresses the nation during Mann ki Baat, urging industry and start-ups to focus on quality-driven manufacturing to boost competitiveness, exports and India’s long-term economic growth.

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India joins WEF push to reskill 850 million workers globally

January 23, 2026, 08:01 PM - 3 min read

India has joined the World Economic Forum’s Reskilling Revolution initiative, which aims to equip over 850 million people globally with future-ready skills. The move includes the launch of a national accelerator focused on equitable access to skilling and employment.

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Assam Chief Minister Himanta Biswa Sarma engages with global business leaders during a dinner reception on the sidelines of the World Economic Forum Annual Meeting in Davos.

Assam secures ₹1 lakh crore investment commitments at WEF debut

January 22, 2026, 03:36 PM - 3 min read

Assam has secured investment commitments worth about Rs 1 lakh crore during its first participation at the World Economic Forum in Davos, Chief Minister Himanta Biswa Sarma said, projecting the outreach as a base for positioning the state and the Northeast as emerging investment destinations.

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Discoms return to profit in FY25 after years of losses

January 18, 2026, 06:59 PM - 3 min read

Power distribution companies recorded a collective profit of Rs 2,701 crore in FY25, marking a turnaround after years of losses, aided by reforms, improved efficiency and reduced outstanding dues.

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SBI, Infosys lift 3 top firms’ m-cap by ₹75,855 crore

January 18, 2026, 02:40 PM - 2 min read

State Bank of India and Infosys led gains as three top companies added ₹75,855 crore in market value during a muted, holiday-shortened trading week.

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Brazil, Nigeria drive growth in India’s pharma exports

January 18, 2026, 02:28 PM - 2 min read

Brazil and Nigeria are emerging as key growth markets for Indian pharmaceutical exports, helping diversify demand beyond the US amid global uncertainties, commerce ministry data shows.

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Banks oppose RBI stand on RTI disclosures, move CIC

January 11, 2026, 05:06 PM - 4 min read

Major banks have challenged disclosure of NPAs and inspection reports before the CIC, even as the RBI insists such information is disclosable under the RTI Act, citing binding Supreme Court precedent.

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Seven top firms lose ₹3.63 lakh-cr in mcap, Reliance hit hardest

January 11, 2026, 04:24 PM - 3 min read

Seven of India’s top 10 most valued firms lost Rs 3.63 lakh crore in market capitalisation last week, with Reliance Industries the biggest laggard amid a sharp decline in benchmark indices.

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