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The Siasat Daily

Business / The Siasat Daily

Rupee declines 76 paise to settle at record low of 91.73 against USD

Mumbai: The rupee crashed 76 paise to close at an all-time low of 91.73 (provisional) against the American currency on Wednesday, January 21, pressured by persistent foreign fund outflow amid heightened uncertainty and risk-off sentiment in global markets. The rupee recorded its previous all-time low of 91.14 on December 16, 2025, and so far this Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing t

21 Jan 2026 5:39 pm
Zomatos Deepinder Goyal to step down, Blinkits Albinder Dhindsa takes over

Mumbai: Zomatos parent firm Eternal Limited on Wednesday, January 21, announced a major leadership change, with its CEO Deepinder Goyal resigning from his position with effect from February 1, 2026. The company said Albinder Dhindsa, who is currently the CEO of Blinkit, will take over as the new chief executive. In a letter addressed to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chan

21 Jan 2026 4:39 pm
Telangana racks up Rs 11,500 crore investments on 2nd day of WEF 2026

Davos: A day after the Telangana Rising delegation, led by Chief Minister Revanth Reddy, engaged with global giants Google, Philips and Unilever at the World Economic Forum (WEF) in Switzerlands snowy Davos, the spree continued for the second day with the state delegates securing investments worth at least Rs 11,500 crore on the second day Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our c

21 Jan 2026 4:01 pm
Telangana unveils life sciences policy at Davos, targets USD 25 bn investment

Hyderabad: Telangana aims to attract USD 25 billion in investments, generating five lakh jobs in the life sciences sector by 2030, according to the Next-Gen Life Sciences Policy 2026-30. The policy was unveiled on the sidelines of the ongoing World Economic Forum in Davos, Switzerland, a press release said on Wednesday, January 21. According to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to

21 Jan 2026 3:59 pm
USD 12 billion Brookfield-Andhra Pradesh partnership advances at Davos

Davos: The government of Andhra Pradesh has reaffirmed its fast-moving strategic partnership with Brookfield Asset Management following a high-level meeting between the states Minister for IT, Electronics and Education, Nara Lokesh and Brookfield Asset Management President Connor Teskey on the sidelines of the World Economic Forum Annual Meeting 2026. The meeting reviewed progress since the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top St

21 Jan 2026 3:30 pm
LOral plans Rs 3,500 crore investment in Hyderabad GCC

Hyderabad: Fashion giant LOreal on Wednesday, January 21, announced that it will set up its Global Capability Centre (GCC) in Hyderabad, which will be inaugurated ny November 2026. The LOreal facility would be the worlds first GCC in beauty-tech, said the Telangana government. The announcement was made after Telangana chief minister Revanth Reddy-led delegationmet the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Tel

21 Jan 2026 12:04 pm
Karnataka developing cities beyond Bengaluru to boost investments

Davos: Asserting that there is a huge interest in Karnataka governments Beyond Bengaluru campaign, the states senior minister MB Patil on Tuesday, January 20, said his government is developing several other cities to attract investment. Speaking to PTI during the World Economic Forum Annual Meeting, Patil said Karnataka is one of the most progressive states Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by su

20 Jan 2026 10:17 pm
Global majors Google, Philips, Unilever eye Telangana investments at Davos

Hyderabad: The Telangana Rising delegation, led by Chief Minister Revanth Reddy, engaged with major companies like Google, Philips and Unilever at the World Economic Forum at Davos on Tuesday, January 20, securing their interest in investing in the states development, the Chief Ministers Office (CMO) said. The vice-president of Royal Phillips, Jan Willem-Scheijgrond, expressed interest Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories

20 Jan 2026 9:37 pm
UAE agrees to help develop Bharat Future City in Telangana

Hyderabad: The United Arab Emirates (UAE) has agreed to partner with Telangana for the development of Bharat Future City as a top global city, the Telangana government said. UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri met Chief Minister A Revanth Reddy-led Telangana Rising delegation, at the World Economic Forum in Davos Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our ch

20 Jan 2026 8:42 pm
Gold breaches Rs 1.5 lakh/10g, silver jumps to record Rs 3.23 lakh/kg

New Delhi: Gold prices jumped Rs 5,100 on Tuesday, January 20, to breach the crucial Rs 1.5 lakh-per-10-gram milestone in the national capital, driven by strong demand in domestic and international markets, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity traded at Rs 1,53,200 per 10 grams (inclusive Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our ch

20 Jan 2026 7:07 pm
Lamborghini sold 111 cars in India in 2025, SUVs in demand

New Delhi:Italian super luxury automaker Automobili Lamborghini on Tuesday, January 20, said its sales in India declined marginally to 111 units last year, as compared to 113 units sold in 2024. Overall, the company delivered 10,747 units worldwide in 2025. Lamborghini India delivered a total of 111 cars in 2025, underscoring the brands continued resilience Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by su

20 Jan 2026 7:06 pm
EU, India on cusp of historic trade agreement: Ursula von der Leyen

New Delhi: India and the European Union are on the cusp of a historic trade agreement that would create a market comprising two billion people accounting for almost a quarter of the global GDP, European Commission President Ursula von der Leyen said on Tuesday, January 20. President of the European Council, Antonio Costa and von Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo

20 Jan 2026 7:00 pm
Low awareness of EV benefits a key barrier to Indias transition: Ola Electric study

New Delhi: Widespread misconceptions about the benefits of EV ownership remain a barrier in Indias transition to electric mobility despite strong awareness of electric vehicles (EVs) as a category, according to a new nationwide study conducted by Ola Electric. The study reveals that while pure play EV manufacturers enjoy brand recall, a majority of consumers Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by s

20 Jan 2026 6:02 pm
WEF pulls Iran Foreign Ministers invite, cites death toll amid protests

Davos: The World Economic Forum (WEF) announced on Monday, January 19, that Irans Foreign Minister, Abbas Araghchi, will not be attending the 2026 annual meeting in Davos-Klosters, Switzerland. The WEF said that it was not right for the Iranian government to be represented in the forum, with the massive death toll following the protests that Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our

20 Jan 2026 4:30 pm
HDFC Bank to disburse Rs 20 crore to social impact startups

New Delhi: HDFC Bank on Tuesday, January 20, said it plans to disburse Rs 20 crore under the FY26 edition of the Parivartan Startup Grants programme for supporting social impact-driven innovations. The programme will support 10 strategic initiatives across priority sectors including climate innovation, agriculture and sustainable livelihoods, manufacturing and MSME innovation, financial inclusion, and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics

20 Jan 2026 3:30 pm
PhonePe Gets SEBI nod for IPO; company to file updated DRHP soon

New Delhi: PhonePe has received SEBI approval for its IPO, and the company will be filing its Updated Draft Red Herring Prospectus (UDRHP) soon, setting the stage for Indias most anticipated fintech IPO in the near horizon, as per sources familiar with the development. The IPO will be an Offer For Sale by existing shareholders. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You

20 Jan 2026 2:39 pm
Potential huge in India itself, no global plans for now: Swiggy

Davos: Anticipating sustained growth in its food delivery business, a top Swiggy executive said the company has yet to tap 85-90 per cent of the market in India, and there are no plans for global expansion yet, given the huge potential available back home. Speaking to PTI here on the sidelines of the World Economic Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also dow

20 Jan 2026 1:09 pm
Shares in Asia track European markets lower

Tokyo: Asian shares were mostly lower Tuesday after US markets were closed for Martin Luther King Jr. Day, a national holiday. US future were down sharply after most European benchmarks sank on Monday. Oil prices were flat. World shares took a hit after US President Donald Trump threatened to slap a 10% extra tariff on Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also

20 Jan 2026 1:07 pm
Delhi HC quashes 2016 I-T notices to ex-NDTVs Prannoy Roy

New Delhi: The Delhi High Court on Monday, January 19, quashed the 2016 income tax notices to NDTV founders Prannoy Roy and Radhika Roy and asked the department to pay Rs 1 lakh to each of them as token cost. A bench of Justices Dinesh Mehta and Vinod Kumar observed that authorities subjecting Prannoy Roy Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our

19 Jan 2026 6:03 pm
Tech Mahindra on WEF list of organisations making AI work in real world

Davos: Indian IT major Tech Mahindra on Monday made it to a list of organisations leading the real-world AI adoption, alongside global giants like AMD, Siemens and PepsiCo. Produced by the World Economic Forum in collaboration with Accenture, the report on MINDS (Meaningful, Intelligent, Novel Deployable Solutions) organisations listed 20 pioneers driving high-impact AI solutions Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on Wh

19 Jan 2026 2:23 pm
European Nations slam Trumps 10 percent tariff threat over Greenland

Berlin: The eight European countries targeted by US President Donald Trump for a 10 per cent tariff for opposing American control of Greenland blasted the move Sunday, January 18, warning that the American leaders threats undermine transatlantic relations and risk a dangerous downward spiral. In an unusual and very strong joint statement coming from major Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subs

18 Jan 2026 9:58 pm
Market participants seek equity tax relief ahead of Budget

New Delhi: Market participants have urged the government to ease capital market taxation, including a higher exemption limit on long-term capital gains, ahead of the Union Budget for 2026-27. They also suggested that the government avoid further increases in transaction taxes. The Union Budget will be presented by Finance Minister Nirmala Sitharaman on February 1. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegra

18 Jan 2026 4:59 pm
Mcap of 3 of top-10 most valued firms jumps by Rs 75,855 cr

New Delhi: The combined market valuation of three of the top-10 most valued firms jumped Rs 75,855.43 crore in a holiday-shortened last week, with State Bank of India and Infosys emerging as the biggest gainers, in an otherwise sluggish trend in equities. Last week, the BSE benchmark Sensex dipped 5.89 points, and the NSE Nifty Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You

18 Jan 2026 3:35 pm
2025 IndiGo crisis: DGCA penalises airline Rs 22 crore

The Directorate General of Civil Aviation (DGCA), on Saturday, January 17, slapped a massive Rs 22.20 crore penalty on IndiGo and initiated strict enforcement action against its senior management after a probe found serious planning, operational and regulatory lapses behind the massive flight disruptions in December 2025. In a statement, the aviation watchdog cautioned IndiGo Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsA

17 Jan 2026 9:16 pm
RBI issues revised Integrated Ombudsman Scheme 2026

Mumbai: The central bank on Friday, January 16, issued the revised Reserve Bank Integrated Ombudsman Scheme, 2026, aimed at further improving the efficiency of the resolution of complaints filed by aggrieved customers of banks and other regulated entities. It will come into force on July 1, 2026. As the intent of the Scheme is Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You

16 Jan 2026 8:06 pm
Instagram reel inspires 18-yr-old to launch business, earning Rs 6K daily

An 18-year-old, Honey Khan, who got inspired by an Instagram reel has launched a business in Lucknow, Uttar Pradesh. The business, which was started from an investment of Rs 14000, which he got by selling his PS4, is now generating revenue of Rs 6000 daily. Sells PS 4 to turn Instagram reel idea into business Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download

16 Jan 2026 8:00 pm
Atomesus AI launches limited-time offer for AI features, image generation

New Delhi: In a move set to excite creators, professionals, and everyday users alike, Atomesus AI has officially announced a limited-time premium access offer for its Android applicationbringing unlimited AI features and unlimited image generation to users worldwide. The Atomesus AI Android app is now available on the Google Play Store, giving users instant access Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegra

16 Jan 2026 7:58 pm
India steps back from Irans Chabahar port over US tariff threat

India has reportedly begun winding down its involvement at Irans strategically located Chabahar port, stepping back from operational responsibilities as the threat of renewed US sanctions grows. According to a report byEconomic Times, India has already transferred its committed investment of about $120 million for the port project and is now limiting further exposure as Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & T

16 Jan 2026 7:57 pm
Our goal is for India to lead the world in startup trends, technology: PM Modi

New Delhi: Prime Minister Narendra Modi on Friday, January 16, said India has full faith in the innovation and confidence of its startups, and added that the nation should lead globally in startup trends and technology in the coming decade. A nation that is forward-looking on Artificial Intelligence (AI) will have a competitive advantage, Modi Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o

16 Jan 2026 3:20 pm
IMF says no major oil price impact yet from Venezuela, Iran tensions

Washington: The International Monetary Fund (IMF) on Thursday, January 15, said it is closely watching global energy markets amid tensions around Venezuela and Iran, but noted that oil prices have not yet seen very significant impacts. Asked how serious the current tensions surrounding Venezuela and Iran could be for global energy markets, Julie Kozack, Director Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram

16 Jan 2026 9:33 am
IMF to assess economic damage in Sri Lanka after Cyclone Ditwah

Washington: The International Monetary Fund (IMF) said a fact-finding mission will visit Sri Lanka from January 22 to 28 to assess damage from Cyclone Ditwah and discuss the implications for the countrys ongoing Extended Fund Facility (EFF) programme. A fact-finding mission will visit Sri Lanka from January 22nd to 28th, Julie Kozack, Director of the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi

16 Jan 2026 7:48 am