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The Economic Times

Economy / The Economic Times

RBI approves appointment of Kaizad Bharucha as whole-time director in HDFC Bank

HDFC Bank announced a significant development today. The Reserve Bank of India has given its approval for Kaizad Bharucha's re-appointment. He will continue as the Whole-time Director, also known as Deputy Managing Director, for another three years. This term will commence from April 19, 2026.

20 Jan 2026 10:04 pm
Jio BlackRock eyes 2026 with focus on systematic investing, new-age funds and global-grade portfolio design

JioBlackRock Asset Management is set to offer Indian investors unique investment strategies. The company plans to introduce differentiated products, systematic investing, and technology-driven portfolio construction. This approach aims to create long-term value by 2026. They are exploring new investment vehicles beyond traditional mutual funds. JioBlackRock is building for long-term investor value.

20 Jan 2026 10:02 pm
Employee accuses boss of mocking her tears after months of workplace harassment: 'I feel beyond disgusted'

A young employee at a multinational company has accused her manager of sustained workplace harassment and public humiliation after he allegedly mocked her for crying during a performance review. In a Reddit post, she claimed the manager repeatedly fixated on a minor incident for months, ignored her work, and later ridiculed her in front of colleagues at a social event, using degrading language.

20 Jan 2026 10:02 pm
Between setback and survival: AAP's bid to stay in the game

Following a Delhi election setback, Aam Aadmi Party (AAP) is focusing on Punjab, its sole ruling state. The party is rebuilding its organization and identifying new leaders for upcoming elections in states like Goa, Gujarat, Himachal Pradesh, and Uttar Pradesh. AAP aims to regain power in Delhi by 2027 and solidify its position as a national player.

20 Jan 2026 9:54 pm
These 4 overlooked 401(k) rules could save you thousands on taxes and fees

A 401(k) is a key retirement savings plan for many workers. Some rules are often missed but can help save money. These rules can reduce taxes, avoid penalties, and manage emergencies better. Learning how a 401(k) works early helps people keep more money for the future and make smarter retirement choices.

20 Jan 2026 9:51 pm
360 ONE Asset raises 1,000 crore for Multi-Stage Defence & Space Strategy

360 ONE Asset has successfully raised 1,000 crore for its pioneering Multi-Stage Defence & Space Strategy, attracting significant investor interest. This fund uniquely invests across the entire lifecycle of defence and space companies, from venture capital to pre-IPO stages.

20 Jan 2026 9:48 pm
Quote of the day by Sabrina Carpenter: I might not know who I was yesterday or who Im going to be tomorrow, but I know who I am right now.

Sabrina Carpenters quote, I might not know who I was yesterday or who Im going to be tomorrow, but I know who I am right now highlights self-awareness, living in the present, and embracing ones personal identity. Today, in a fast-paced world packed with social comparisons and unpredictability, her phrases remind people to focus on the present moment rather than past mistakes or future worries.

20 Jan 2026 9:47 pm
PM heaps praise on 'Millenial Nitin', says family-based parties lack BJPs strengths

Prime Minister Narendra Modi highlighted the crucial role of youth in building a Viksit Bharat. He praised the BJP's cadre-based system, contrasting it with family-run parties that he claims stifle young talent. Modi also accused the opposition of appeasing infiltrators for votes. He stressed that the BJP, a party of governance, must avoid the pitfalls of the Congress.

20 Jan 2026 9:45 pm
In their words: Trump's threats over Greenland draw warnings and profanities at global forum

The gathering in Davos, Switzerland, comes as U.S. President Donald Trump continues to push for the seizure of Greenland and the imposition of related trade tariffs.

20 Jan 2026 9:44 pm
Four more sectors brought under greenhouse gas reduction regime: Environment Ministry

The reductions are expected to be in accordance with the Greenhouse Gases (GHG) Emission Intensity Target Rules, 2025.

20 Jan 2026 9:43 pm
Quote of the Day by Beyonc: 'We need to reshape our own perception'Inspiring quotes by the global superstar

Beyonc's powerful words urge women to change how they see themselves and step forward to lead. This philosophy guided her journey from Destiny's Child to global superstardom. Her career, marked by reinvention and record-breaking success, inspires confidence and agency. Beyonc's impact extends beyond music, influencing culture and acting. Her message highlights that empowerment begins within, driving personal and collective progress.

20 Jan 2026 9:38 pm
Trump again claims credit for ending India-Pakistan conflict, says Norway controls Nobel Prize

US President Donald Trump claims he ended the India-Pakistan conflict. He also stated Norway controls the Nobel Peace Prize, an award he believes he deserves. Trump is launching a 'Board of Peace' initiative for Gaza's redevelopment. He has invited global leaders, including India's Prime Minister Narendra Modi, to join this new body aimed at resolving global conflict.

20 Jan 2026 9:36 pm
World trust India under PM Modi, he's our best USP: Union minister Pralhad Joshi at WEF

Union Minister Pralhad Joshi stated at the World Economic Forum that global companies are investing in India due to its stable government, policies, and talent. He highlighted Prime Minister Narendra Modi's leadership as India's est USP on the world stage, driving economic growth and the country's ambition to become the third-largest economy.

20 Jan 2026 9:35 pm
Micron stock price: Why MU shares are rising today and what's the new price target

Micron (MU) stock price: Micron Technology shares surged after Stifel raised its price target to $360, citing strong AI cloud demand and improved supply. The memory chipmaker is expected to post significant revenue growth, supported by strategic shifts and a recent fab acquisition in Taiwan. Analysts remain divided on its valuation, but the company's outlook appears robust.

20 Jan 2026 9:25 pm
India's hypersonic missile to debut at Republic Day Parade showcasing maritime prowess

India's advanced defence capabilities will be on full display at the 77th Republic Day Parade. The DRDO's new long-range Anti-Ship Hypersonic Glide Missile, with a 1500 km range, will be showcased. This advanced weapon system highlights India's growing self-reliance in defence technology. Other defence assets will also be featured, underscoring India's military prowess.

20 Jan 2026 9:17 pm
Thought for today from Haruki Murakami's Kafka on the Shore: 'Memories warm you up from the inside. But they also tear you apart...'

Haruki Murakamis quote from Kafka on the Shore Memories warm you up from the inside. But they also tear you apart. reflects the dual nature of memory. While recollections of the past can offer comfort and emotional warmth, they can also reopen old wounds and bring pain. The line captures a central theme in Murakamis work, where memory shapes identity, guides characters through challenges, and blurs the line between solace and suffering.

20 Jan 2026 9:08 pm
RMZ signs MoU with Andhra Pradesh to invest up to $10 billion in infrastructure

RMZ commits $10 billion to Andhra Pradesh for mixed-use, digital, industrial, and logistics infrastructure over five to six years. Plans include a 10 million sq ft IT park and a 1 GW data centre in Visakhapatnam, plus a 1,000-acre industrial park in Rayalaseema, aiming to boost employment and technology-led growth.

20 Jan 2026 9:02 pm
Emirates NBD Bank gets CCI's nod to acquire majority stake in RBL Bank

India's fair trade regulator, CCI, has approved Emirates NBD Bank's acquisition of a majority stake in RBL Bank. This move follows an agreement for Emirates NBD to invest approximately USD 3 billion in RBL Bank. The CCI also cleared Apollo Hospitals Enterprise's acquisition of an additional stake in Apollo Health and Lifestyle Ltd.

20 Jan 2026 8:58 pm
Palantir share price: PLTR stocks at Nasdaq fall big, company announces HD Hyundai deal

Palantir stocks today down as PLTR share price slid by over 1 per cent at Nasdaq.

20 Jan 2026 8:53 pm
Dow Jones crashes 700 points today: Why US stock market is down today? 5 Key reasons behind Dow crash

Dow Jones Crash today: U.S. stocks plunged as Trump threatened tariffs over Greenland acquisition. Dow fell 725 points, S&P 500 dropped 1.3%, Nasdaq slid 1.5%. Treasury yields surged, dollar weakened. European leaders warned of countermeasures. Nvidia, AMD, Alphabet led tech losses. Geopolitical tensions in Iran and Israel added stress. Investors fled to gold and bonds. Global markets remain volatile and cautious.

20 Jan 2026 8:52 pm
Danish pension fund to sell $100 million in US Treasuries over finance risks

A Danish pension fund has decided to sell its US Treasury bonds due to money risks. The move shows concern about US debt and future finances. Global investors are watching closely as trust in government spending is questioned. The decision highlights growing caution in financial markets without going into political reasons.

20 Jan 2026 8:52 pm
Chris Pratt steps into a darker sci-fi world with Mercy

Chris Pratt in 'Mercy': Mercy centers on homicide detective Chris Raven, who awakens strapped into an executioners chair with no memory of the night his wife was murdered. Judged by an AI system, he is granted ninety minutes to prove his innocence before execution. The movie delves into justice without juries, the challenges of automated punishment, and how shallow, intense and constant monitoring increase fear.

20 Jan 2026 8:44 pm
Geopolitics can spill over into India Incs balance sheets

Indian companies are elevating sanctions exposure from a compliance issue to a central business risk due to volatile geopolitics and expanding sanctions regimes. Boards and senior management are now accountable for anticipating and managing these risks, which have direct implications for operations, reputation, and access to capital.

20 Jan 2026 8:40 pm
India's first camel milk processing plant procures 4,754 litres daily in 2024-25

Sarhad Dairy in Ahmedabad, India's first camel milk plant, procured over 4,700 litres of camel milk daily in 2024-25. The dairy paid more than Rs 8.7 crore to over 350 camel farming families. This initiative supports animal husbandry farmers and showcases growth in the dairy sector.

20 Jan 2026 8:38 pm
Why the 10-year treasury yield surged today after Trump's tariff threats rattle markets and revived trade war fears

10 year treasury yield: Global markets felt the heat as US Treasury yields surged following fresh tariff threats from Washington, reigniting trade war anxieties with Europe. Investors pulled back from US assets, pushing the 10-year Treasury yield above 4.28%. Concerns over potential tariffs on European goods and French wine added to the risk-off sentiment, impacting equities and the dollar.

20 Jan 2026 8:33 pm
Vehicle transfer NOC only after all pending national highway user fee dues cleared

The Ministry of Road Transport and Highways has amended the Central Motor Vehicles Rules, 1989, to ensure unpaid user fees are cleared before vehicle ownership transfers, fitness certificate renewals, or national permit issuance. These changes aim to improve fee compliance and discourage evasion on National Highways, especially with the upcoming Multi-Lane Free Flow tolling system.

20 Jan 2026 8:22 pm
Thought of the day by Billie Eilish: Words are more powerful than some noises

Thought of the day associated with Billie Eilish ultimately reflects a broader argument about art in the digital age. Noise may dominate timelines and playlists, but it is words that linger

20 Jan 2026 8:21 pm
WEF 2026: Jharkhand CM Hemant Soren heads to Davos to participate in inter-ministerial panel

En route to the inter- Scaling Energy Systems Through Policy, Finance & Regional Leadership, discussing with the Chief Secretary on positioning Jharkhand as a global player in energy security, Soren posted on X.

20 Jan 2026 8:18 pm
RRB amalgamation: FinMin to hold review meeting with CEOs of PSU banks on January 30

The meeting would be chaired by Department of Financial Services Secretary M Nagaraju and likely to be attended by NABARD Chairman, SIDBI CMD and Executive Director concerned of Reserve Bank of India, sources said.

20 Jan 2026 8:13 pm
Greenko founders co AM Group looks to invest $25 bn for 1 GW computing hub in UP, signs MoU with state govt

Project plans to set up data centre infrastructure with approximately 500,000 latest high-performance chipsets. To power facility with 24X7 renewable energy. AM Green as a platform for clean energy, materials, molecules and intelligence. AM Green is also the holding company that owns 27% in Greenko.

20 Jan 2026 8:03 pm
CBR650R bike owners alert: Honda issues recall over potential wiring short circuit, free inspection offered at BigWing dealers

Honda Motorcycle & Scooter India has initiated a recall for certain CBR650R units manufactured between December 2024 and May 2025 due to a potential wiring issue affecting the turn signal system. This global action aims to address a fault where wiring may wear down, potentially causing lights to malfunction and not meet regulatory standards.

20 Jan 2026 8:02 pm
Lamborghini India sells 111 units in 2025; SUV deliveries up 17 pc YoY

Lamborghini India delivered a total of 111 cars in 2025, underscoring the brand's continued resilience and strong market relevance despite a challenging luxury automotive environment, it said in a statement.

20 Jan 2026 7:55 pm
Victor Wembanyama net worth: San Antonio Spurs center becomes 1st French player to named as NBA All-Star Game starter

Victor Wembanyama had a season-high seven 3-pointers and finished with 33 points and 10 rebounds, and the San Antonio Spurs beat the Utah Jazz 123-110 on Monday.

20 Jan 2026 7:52 pm
Apollo Micro Systems to invest Rs 300 cr to set up facility in Telangana

Apollo Micro Systems Limited will invest Rs 300 crore to establish a new manufacturing facility in Telangana. The company has acquired land in Hyderabad for this purpose. This integrated facility will focus on manufacturing, assembly, integration, and testing of weapon system platforms.

20 Jan 2026 7:45 pm
MSTR stock jumps as Vanguard makes first $505 million investment in Strategy

MSTR stock is getting attention after a major investment by a large fund manager. Strategy is known for holding bitcoin, which links its share price to crypto market moves. Investors are watching how big institutions react and what the company says in its upcoming earnings, as market interest in bitcoin-linked stocks continues to grow.

20 Jan 2026 7:42 pm
3.8-Magnitude earthquake felt across Central Illinois early tuesday

A 3.8 magnitude earthquake felt near Ohlman, Illinois, early Tuesday morning, shaking residents across central Illinois and parts of Missouri. Reports of rattling came from Springfield, St. Louis, Decatur, and other nearby towns. The quake happened at a shallow depth of 5.5 miles in the Illinois BasinOzark Dome area, making the tremor more noticeable despite its moderate strength.

20 Jan 2026 7:40 pm
Davos 2026: Macron says EU must not bend to bullies or abandon rule of law

French President Emmanuel Macron warned against a world where rules don't matter. He stressed that as global tensions rise, the EU shouldn't give in to 'the law of the strongest.' Macron insisted that respect, science, and the rule of law are crucial, rejecting bullying and brutality in favor of a more principled approach.

20 Jan 2026 7:39 pm
Davos 2026: Trump believes Greenland essential for US' golden dome missile shield, says Scott Bessent

U.S. Treasury Secretary Scott Bessent revealed President Trump views Greenland as vital for national security, particularly for the Golden Dome missile shield. Trump is concerned about defending the island from potential incursions and believes its increasing global appeal necessitates U.S. control. Bessent urged Europe against retaliation, emphasizing Trump's upcoming address.

20 Jan 2026 7:33 pm
Word of the day: Cachexia

Cachexia meaning: A serious medical condition, cachexia, causes extreme physical wasting and malnutrition, often linked to chronic illnesses like cancer. Unlike ordinary weight loss, it involves involuntary muscle and fat loss, persisting even with increased food intake. Understanding this complex metabolic syndrome is crucial for patients and caregivers to seek appropriate medical attention.

20 Jan 2026 7:33 pm
Gurugram employee's NO to 'coffee chat' with boss turns into removal from big project. Corporate harassment or attitude problem?

A Gurugram-based corporate employee has alleged in a Reddit post that refusing an off-hours coffee chat with his manager led to being removed from a key project. The employee described a work environment where late hours, informal personal interactions, and undocumented communication were normalised, making it difficult to set boundaries. After disengaging from these interactions, the employee claims he faced professional sidelining.

20 Jan 2026 7:32 pm
Elan Group awards Rs 840 cr construction contract to Tata Projects

Elan Group has awarded a Rs 840 crore construction contract to Tata Projects for its ultra-luxury residential development, Elan The Statement, in Gurugram. This project, spanning nearly 6 acres with 5 towers, represents a planned investment of approximately Rs 1600 crore. The development features spacious residences designed by London-based Benoy.

20 Jan 2026 7:17 pm