21 C Business News
Text view
Axis Energy, Reliance Industries emerge top bidders in coal gasification block auctions
According to technical bid details, the two companies jointly bid for 17 coal blocks across Odisha, Chhattisgarh and Andhra Pradesh, many of whic
Sensex, Nifty end marginally lower ahead of Christmas; Trent, Shriram Finance gain
Trent, Shriram Finance lead Nifty 50, IndiGo, Adani Enterprises major laggards
Gainers & Losers: Groww, Kajaria Ceramics and 4 more stocks in focus on Wednesday
Key stocks in focus on Wednesday included Manappuram, Hindustan Copper, Groww, Websol Energy, IndiGo and Kajaria Ceramics as markets paused their
Housing sales dip 16 pc in Oct-Dec to 98,019 units in top 9 cities: PropEquity
Hyderabad witnessed a 19 per cent decline to 11,323 units from 13,902 units, while Kolkata saw an 11 per cent fall to 3,995 units from 4,497 unit
Rupee falls 16 paise to close at 89.79 against U.S. dollar
Forex traders said that despite the central bank's announcement of USD/INR swaps and Open Market Operations, the measures failed to boost market
Rupee slips as corporate dollar bids eclipse uptick in Asian peers
The Indian rupee closed modestly weaker on Wednesday as dollar demand from local corporates and on account of maturing positions in the non-deliv
Plea to include fisherfolk in policymaking bodies for fishing in EEZ
The federation said the programme for sustainable fishing in the EEZ was not built on a sound scientific basis and that estimates of fish harvest
Delhi High Court asks GST Council to consider tax cut on air purifiers
Hearing a public interest litigation, the court expressed concern that air purifiers are taxed at 18 per cent despite the air quality index remai
Rupee falls 16 paise to close at 89.79 against US dollar
The central banks announcements failed to boost market sentiments, amid strong dollar demand and rising crude oil prices, say forex traders
Non-vegetarian diet, poor sleep, obesity associated with increased risk of breast cancer: ICMR study
In 2022, an estimated 2.3 million women worldwide were newly diagnosed with breast cancer, resulting in approximately 670,000 deaths
NSE, BSE trading holidays for 2026
Read the table below for list of 15 holidays that fall on weekdays
Who needs to file revised ITR after Income Tax Department's message?
The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified taxpayers must file rev
Market Wrap: Sensex down 116 pts, Nifty below 26,150 as foreign outflows drag
The Sensex fell 116 points, or 0.14%, to end at 85,408.70, while the Nifty 50 slipped 35 points, or 0.13%, to close at 26,142.10.
Ubuy launches free three-month membership for Indian shoppers in December
The limited-period offer includes 10 per cent cashback on every order, reduced international shipping charges, and early access to select global
Nuvama Institutional Equities has initiated coverage on Knowledge Marine & Engineering Works with a Buy rating and a target price of Rs 2,500, ci
Why Indias music labels are moving beyond songs to manage artists, fandoms and revenue streams
Music labels are expanding beyond recordings into artist management, betting on independent musicians, fan engagement and 360-degree deals to sec
The Union Cabinet has greenlit Delhi Metro's Phase-VA, adding 13 new stations and over 16 km to the network. This Rs 12,015 crore expansion, slat
Outlook 2026: Valuations comfort, AI reset could put India back on FII radar: Punita Kumar Sinha
Indias equity outlook for 2026 looks brighter as valuations ease, domestic growth stays resilient and global investors reassess the crowded AI tr
Kerala mental health startup Oppam raises 1.5 crore in seed funding
The fresh capital will be used to expand into new languages, strengthen technology infrastructure, and scale access to inclusive mental health se
Gujarat Kidney and Super Speciality IPO subscribed 4.62 times so far on final day
Ahead of the public issue, Gujarat Kidney and Super Speciality mobilised a little over 100 crore from anchor investors
Shares of Manappuram Finance and Muthoot Finance hit record highs on the BSE as domestic and global gold prices touched fresh peaks. Rising bulli
Bharti, Warburg Pincus pick up 49% stake in Haier India
The move comes at a time when consumer appliance market in India is booming, fuelled by rising disposable incomes, changing lifestyles, and incre
Indian cardamom exporters bet big on Guatemalan crop failure
The emerging situation leaves India with a good scope to export more quantity with a record shipment of 12,000 to 14,000 tonnes, industry sources
Budget 2026: Introduction of optional joint taxation for married couples can be a game changer
The 2026 Indian budget may introduce optional joint taxation for married couples, a proposal by ICAI. This could simplify filings, potentially lo
NSE Holidays 2025: Leading exchanges NSE and BSE will remain closed for trading on Thursday, December 25, due to the Christmas holiday. The commo
When buying insurance, why honesty is the best policy for claims and coverage
Concealing health details may help secure a policy, but it can derail claims later. Why full disclosurenot approvalis the real test of a successf
Bombay High Court stays fraud notices to Anil Ambani; questions banks compliance
The High Court questions auditors qualification, independence and banks delay under RBI norms
Is India's economy on a high-growth trajectory? RBI Deputy Governor Poonam Gupta weighs in
RBI Deputy Governor Poonam Gupta highlights a bright future for India's economy, with growth anticipated to reach 7-7.5% thanks to ongoing reform
Tax benefits on loans explained: Home, education, vehicle and personal loans
The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal loans.
US district court backs Trump on $100K H-1B entry-fee, citing broad immigration powers
Silver at $200 by 2026? Rich Dad Poor Dad author Robert Kiyosaki makes bold prediction
Silver has surged past $72 an ounce, delivering nearly 140% gains this year and drawing fresh investor interest. Against this backdrop, Rich Dad
These 12 smallcap multibaggers rallied every year for 3 years, surging 500-1,450%
The market script took an unexpected twist in CY25. While the Sensex marched ahead confidently, gaining 9.5%, the BSE Smallcap Index stumbled, sl
Most investors have too many funds, leading to confusion rather than diversification. The article advocates for a focused approach, starting with
Castrol India shares surge 9% after BP announces 65% stake sale in parent for $6 billion
Castrol India share price surged 9% after BP announced the sale of a 65% stake in Castrol Limited to Stonepeak at an enterprise value of $10.1 bi
Stage collapses to flight delays: Why wedding insurance remains a hard sell
India will host weddings worth 6.5 trillion this year, yet few couples insure them. High costs, rare mishaps, and confusing exclusions keep weddi
Budget 2026: Fiscal consolidation in focus as India targets leaner deficit
The next Union Budget will continue Indias Viksit Bharat agenda, focusing on growth, inclusion and sustainability, said EAC-PM chairman S Mahendr
After golds big year, can equities steal the spotlight again in 2026? Dipan Mehta answers
After golds surprise rally in 2025, equities could regain leadership in 2026, says Dipan Mehta, Director at Elixir Equities. Small- and mid-cap s
Claims lack consistency and context, says Arul Selvan D on Chola allegations
Cholamandalam Investment and Finance Company (Chola) has refuted allegations of financial impropriety, asserting that all past transactions adher
Budget should focus on widening tax base, investment incentive to further bolster growth: Report
The Union Budget 2026 should prioritise expanding the direct tax base and encouraging private investment. Freezing peak tax rates will boost grow
India is overhauling its economic measurement systems, incorporating online prices and real-time data to improve inflation, industrial output, an
Does holding a joint account with parents create tax liability for NRIs?
Many NRIs are unsure about the tax implications of operating family accounts. Heres clarity on beneficial ownership rules and key reporting requi
Power PSUs weigh exit from debt-laden energy-efficiency venture as stress mounts
Promoters of Energy Efficiency Services Ltd are considering a public listing of the company, which has outstanding dues of over 4,000 crore. Whil
Russia plans to build a nuclear power plant on the moon by 2036
Russias state space corporation, Roscosmos, said in a statement that it planned to build a lunar power plant by 2036 and signed a contract with t
Sensex, Nifty 50 flat ahead of Christmas holiday, IT stocks slip on H-1B visa lottery rule changes
Hindalco, Shriram Finance, Apollo Hospitals, Trent and Max Healthcare led Nifty 50, while Dr Reddys, Wipro, Sun Pharma, IndiGo and Reliance were
Bitcoin slipped below $88,000 amid thin holiday trading, with low liquidity amplifying modest sentiment shifts and increasing volatility risks. P
Gold and silver grab attention, but platinums 140% rally in 2025 is turning heads
Platinum has emerged as the standout precious metal of 2025, sharply outperforming gold and silver amid supply deficits, rising investment flows
ASBL Hosts Bengaluru Realty Meet Highlighting Trends in the Hyderabad Real Estate Market
ASBL , one of the top real estate companies in Hyderabad, hosted the Bengaluru Realty Meet, a strategic engagement series designed to help invest
HCCB, Coca-Cola Indias bottling arm, to lay off 300 employees; move to streamline operations
Your money in 2026: Go for dynamic bond funds to get best of both worlds next year - heres why
Debt funds presented a mixed performance in 2025, with credit risk funds excelling while long-term funds lagged despite interest rate cuts. Exper
Indian equities look to earnings-led growth in 2026
Market participants expect the coming year to be driven less by broad-based re-rating and more by earnings delivery, domestic liquidity support a
Groww shares soar 9% with the stock up 76% from issue price. Whats fuelling the rally?
Groww shares jump 9.5% as investors cheer the stocks upcoming BSE Large Cap index inclusion and the launch of its emergency trading platform, Gro
Investment pledges surge, jute and tea sectors under strain in West Bengal
West Bengal's economy in 2025 experienced significant investment in ports, power, and technology. Major companies pledged substantial funds for n
Coal India subsidiary IPOs could boost shareholder returns: Parthiv Jhonsa
Coal India is set to unlock significant shareholder value with the upcoming listings of its major subsidiaries, BCCL, SECL, and MCL. Industry exp
One Trump blow that never left India's concern list
The India-US relationship, once envisioned as a natural alliance, has become unpredictable, oscillating between warmth and confrontation. Despite
Business events that shaped India in 2025
From Trumps trade war to RBI repo rate cuts and major corporate entries, 2025 delivered several notable developments. Though not all were transfo
Got income tax alert for filing revised ITR before 31 December? Step-by-step process explained
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be correcte
Gold hits record 1.38 lakh/10g in futures trade; tops 4,500/ounce in international markets
Rallying for the third straight session, gold futures for February delivery increased by 791, or 0.57% to hit a lifetime high of 1,38,676 per 10
Jupiter Wagons shares jump 35% in four days following promoter stake hike
Jupiter Wagons shares surged over 35% in four days after promoter Tatravagonka A.S. increased its stake to 19.24% through convertible warrant con
Gold in your portfolio: What to expect from the safe-haven asset in volatile times
While most experts remain optimistic about gold, citing a macroeconomic backdrop that continues to favor it, some warn of short-term risks.
India Inc sees first earnings upgrade after a gap of 5 quarters
India Inc has recorded its first aggregate earnings upgrade in five quarters, driven by mid- and large-cap firms, signaling a turnaround in the c
FTA commitments to unlock global markets for Indian professional services: Commerce Secretary
Legally binding commitments on professional services under Free Trade Agreements (FTAs) will unlock global markets for Indian professionals, said
Office leasing up 6% in 2025 across top 7 cities on better demand from corporates
As per the data, the gross leasing of Grade A office spaces is estimated to have increased to 71.5 million square feet this year across seven maj
Indias Rs 2.3 lakh cr REIT market emerges as global powerhouse, overtakes Hong Kong
Indias REIT market has surged to a Rs 2.3 lakh crore scale, surpassing Hong Kong and emerging as a global powerhouse, ANAROCK Capital said. With
Jefferies initiates coverage on Pine Labs with Rs 300 target price. Here's why it sees 28% upside
Jefferies has initiated coverage on Pine Labs with a Buy rating, citing an earnings inflection point, strong revenue growth prospects, and improv
Below IPO price, anchor lock-ins for Citigroup-backed GK Energy and Saatvik Green end today
Anchor lock-ins for GK Energy and Saatvik Green Energy end today, releasing over 8 million shares into the market. Both stocks have fallen below
Coal India shares gain 3% to top Nifty 50 after board okays subsidiaries listing
The stock traded at 408.85 with an increase of 2% and hitting an intraday high of 412.40, against the previous close of 400.40
Indias sanction-hit Nayara delays oil refinery maintenance work
Nayara Energy has postponed maintenance at its 400,000 bpd Vadinar refinery from February to April 2026 as European contractors avoid working wit
AI data centres are forcing dirty peaker power plants back into service
The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year, but then came AI
No more lottery: How the new H-1B visa selection system will work key changes explained
After President Donald Trump proposed a $100,000 entry fee for new H-1B visa applications, the US Department of Homeland Security announced a maj
Railway stocks are back in focus as RVNL, IRCTC, Jupiter Wagons and other rail-linked names rally ahead of the Union Budget 2026. Investors are e
Global investors turn to Chinese AI stocks amid Wall Street valuation concerns
Global investors are increasingly shifting capital to Chinese AI stocks as stretched U.S. tech valuations raise bubble concerns. Strong policy su
2026 Investment Outlook: Varun Saboo sees opportunity in financials, FMCG and Real Estate
Varun Saboo of Anand Rathi Shares & Stock Brokers is optimistic about Indian markets for 2026, favoring BFSI and consumer sectors. He sees strong
ESG and Wealth Preservation: How sustainable investing fits into HNI portfolios
For HNIs, investing is increasingly focused on capital protection, risk management and long-term sustainability, not just returns. ESG investing
Rupee rises 12 paise to 89.51 against U.S. dollar in early trade
Forex traders noted that the rupee opened stronger after the RBI announced about 3 lakh crore in liquidity for the markets, helping to control ru
Hindustan Copper shares shoot up 17% in a week to their record high as copper prices rally
Hindustan Copper shares hit a fresh all-time high as copper prices surged globally and domestically, driven by tightening supply, green energy de
5 practical steps to avoid legal action after a personal loan default
A personal loan default can lead to legal action, but timely communication, repayment planning, restructuring options and understanding recovery
US ends H-1B lottery system; shifts to skill and pay-based selection
Trump administration replaces random draws with a weighted system favouring higher-paid, higher-skilled foreign workers
Sachin Tendulkar invests Rs 3.6 cr in Hyderabad based solar firm
Hyderabad: Cricket legend Sachin Tendulkar has made a strategic investment in Suntek Energy Systems Private Limited (Brand: Truzon Solar), a Hyde
Websol Energy System shares rally 14% after Rs 73 crore tax bombshell is defused
Websol Energy System shares jumped as much as 14% after the company won a key tax appeal, with authorities setting aside a Rs 73.04 crore demand
Crude oil futures gain as Q3 data shows US economic growth
At 9.56 am on Wednesday, February Brent oil futures were at $62.47, up 0.14% and February crude oil futures on WTI were at $58.50, up 0.21%
Foreign investors have returned to Indian stock markets, injecting $644 million in equities last week, the strongest inflows in nearly two months
Asian stocks today: Markets rise on year-end AI gains; gold, silver hit record highs
India bonds rally after Reserve Bank's $32 billion liquidity boost
Indian government bonds surged Wednesday following the Reserve Bank of India's announcement of a substantial liquidity injection. The central ban
Stock markets open flat ahead of Christmas closing
The Sensex climbed 115.8 points to 85,640.64 in early trade and Nifty went up by 40.7 points to 26,217.85
The media sector is ending 2025 as a poor performer, with most Nifty Media index stocks experiencing double-digit declines. Prime Focus, however,
Earnings revival, cheap valuations make India a strong bet despite FII caution: Siddharth Vora
Indian equity markets may be entering a constructive phase as earnings upgrades, supportive macro conditions and attractive valuations align. Sid
Rupee rises 12 paise to 89.51 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 89.56 against the US dollar, then gained some ground and touched 89.51 against the
