The Economic Times

Central bank independence is crucial for economic stability, as it helps control inflation and maintain confidence. Research shows that political interference in monetary policy often leads to higher inflation, currency weakness and slower growth.

Aritas Vinyl's shares are set to list on the BSE SME platform on January 23, with grey market signals suggesting a flat debut close to the IPO price. The Rs 37.52 crore issue, which closed on January 20, will fund working capital and a solar project. Investors will monitor the company's execution and financial performance post-listing.

Indian equities rebounded on Thursday, snapping a three-day decline. Analysts anticipate market movements to be influenced by global cues, macro indicators, and ongoing quarterly earnings. Key companies like JSW Steel and BPCL are set to announce their results on Friday, while the India VIX saw a dip.

European shares rebounded on Thursday after U.S. President Donald Trump abandoned tariff threats linked to Greenland and ruled out using force to seize the autonomous Danish territory.

Railway stocks have failed to generate Budget excitement this year, with many down sharply since Budget 2025. Valuation concerns, slow execution and muted capex expectations have weighed on sentiment, prompting investors to await fresh growth triggers.

Indian markets fell for the third consecutive session as financials and consumer stocks faced selling pressure. Eternal, MRPL, CreditAccess Grameen, and IndiaMart gained sharply, while Kalyan Jewellers and Tata Communications declined despite strong quarterly earnings.

Reliance Industries shares have lost about $29 billion in market value in 2026 and are trading at their most oversold levels in five years, driven by worries over a slowdown in the retail business and potential pressure on O2C margins from reduced Russian crude imports.