Abbott Stock Slumps 8% After Missing Revenue Targets
Abbott Laboratories shares fell sharply after reporting Q4 revenue below estimates and issuing Q1 profit guidance that trailed Wall Street expectations, with nutrition segment facing challenges.
Category : Business
Medical Costs Fuel Personal Loan Borrowing in Urban India
A new Paisabazaar report reveals healthcare emergencies are a leading cause of personal loans in urban India, with 14% of metro borrowers citing medical needs. The study highlights gaps in insurance, rising costs, and evolving borrowing patterns.
Gold, Silver Rebound; Kiyosaki Warns on Short-Term Thinking
Gold and silver prices recovered after early losses on Thursday amid easing geopolitical tensions. Robert Kiyosaki explains why short-term price movements don't change the long-term fundamentals for precious metals.
CSIR-CFTRI, Kudumbashree Empower Women in Food Processing
CSIR-CFTRI in Mysuru collaborates with Kudumbashree to provide technical training and 94 technology transfer agreements, boosting women-led micro-enterprises in food processing.
Amrit Bharat Express Launches on West Coast Route
Prime Minister Narendra Modi flags off new Amrit Bharat Express trains connecting Nagercoil, Mangaluru, and Thiruvananthapuram, enhancing rail connectivity along India's west coast for tourism and trade.
BCCL vs Outsourcing Workers Clash Halts Dhanbad Mining
A violent clash between BCCL employees and Dev Prabha Outsourcing Company workers in Dhanbad's Lodna-10 area left four officials injured, disrupting mining operations and sparking investigations.
ReNew Energy's $600M Bond Issue at IFSC Gift City
ReNew Energy Global Plc raises $600 million via bonds at 6.5% coupon for 5 years through IFSC Gift City, marking first dollar-denominated bond issue at the financial hub.
Indian Stock Market Rebounds Cautiously on Thursday
Indian stock market benchmarks staged a relief-led rebound on Thursday with broad-based participation across sectors. Experts analyze Nifty, Bank Nifty, gold, silver rates, and USD/INR outlook while recommending stocks to buy.
Minda Corp: US Tariffs Impact Short-Term, Ease Long-Term
Aakash Minda of Minda Corporation discusses how US tariffs are affecting Indian auto parts exports in the short term but expects supply chain adjustments to ease long-term pressures.
SAT Cuts Sebi's ₹546 Crore Demand Against Trading Academy to ₹100 Crore
Securities Appellate Tribunal scales back Sebi's order against Avadhut Sathe Trading Academy but allows investigation to continue, directing ₹100 crore deposit instead of ₹546 crore.
Goyal Surrenders ₹1,000 Cr ESOPs in Eternal Leadership Shift
Eternal founder Deepinder Goyal relinquishes unvested ESOPs worth over ₹1,000 crore while stepping down as Group CEO. The move expands ESOP pool by 16% and defers shareholder dilution.
Escape Plan Raises $25M in Series A Funding Round
Travel products platform Escape Plan has raised $25 million in Series A funding led by Jungle Ventures, with participation from Fireside Ventures and IndiGo Ventures. The company plans to expand retail footprint and enhance technology.
Amrit Bharat Express Varanasi-Sealdah Service Starts
The Banaras-Sealdah-Banaras Amrit Bharat Express begins regular operations from Varanasi railway station. The train features advanced safety systems like Kavach and modern amenities for passenger comfort.
India Post Revenue Hits Rs 10,155 Crore in FY26 Q1-Q3
India Post's revenue has increased significantly to Rs 10,155 crore in the first three quarters of FY26, driven by growth in financial services and parcel delivery, reflecting its evolving role in India's postal and economic landscape.
Chhattisgarh Plant Blast Kills 6, Injures 5 Workers
A devastating coal kiln explosion at a sponge-iron plant in Baloda Bazar-Bhatapara district, Chhattisgarh, has claimed six lives and left five seriously injured. Rescue operations continue amid fears of more trapped workers.
India Confident on Trade Deal After Trump's Davos Praise
Union Minister Ashwini Vaishnaw expressed confidence in India's global trade position after US President Donald Trump praised PM Modi and predicted a 'good' trade deal between the two nations at Davos.
IndiGo Q3 Profit Crashes 78% Due to December Operational Crisis
IndiGo's Q3 profit fell 78% to Rs 549 crore, hit by a Rs 577 crore loss from December's operational meltdown and a Rs 969 crore labour code provision. The DGCA imposed a record Rs 22.20 crore fine, but the airline expects a 10% seat capacity rise in Q4.
IndiGo Cuts Growth Forecast After 78% Profit Drop in Q3
IndiGo reported a 78% year-on-year drop in Q3 FY26 profit to ₹549 crore, its weakest in four years, due to new labour codes and December flight cancellations. The airline has lowered its growth guidance for the current quarter.
IndiGo Q3 Profit Crashes 78% Due to December Operational Crisis
IndiGo's operational meltdown in early December led to a Rs 577 crore one-time hit, causing Q3 profit to drop 78% to Rs 549 crore. DGCA imposed a record Rs 22.20 crore fine for the disruption.
Fire Destroys E-commerce Warehouse in Ahmedabad, No Casualties
A massive blaze gutted an e-commerce warehouse in Ahmedabad's Chandkheda area early Thursday. Firefighters battled flames for 2.5 hours using eight water-bowsers. No injuries reported, some products salvaged.
Gujarat First State for Nuclear Reactor Under Shanti Bill
Deputy Chief Minister of Gujarat, Harsh Sanghavi, announced at the World Economic Forum in Davos that Gujarat will be the first Indian state to launch a nuclear reactor under the new Shanti Bill, marking a significant step in India's clean energy and econ
Minda Corp Targets Triple Exports from India, Indonesia, Vietnam
Minda Corporation's Aakash Minda outlines a strategic plan to triple exports from India and its plants in Indonesia and Vietnam over the next five years, focusing on global expansion.
Gold, Silver Prices Fall from Record Peaks as Rally Eases
Gold and silver prices in India declined on Thursday, retreating from their record highs. The yellow metal of 99.9% purity dropped by Rs 2,500 to Rs 1,57,200 per 10 grams, marking a significant correction after reaching unprecedented levels.
Iran Apple Shortage Raises Indian Prices Amid Ramadan Demand
A shortage of Iranian apples due to political unrest and environmental factors has caused prices to surge by ₹150-200 per 10kg in Indian wholesale markets, with Ramadan demand exacerbating the situation.
US Stocks Rally After Trump Softens Greenland Tariff Stance
US equities surged on Thursday, recovering from earlier weekly losses after President Donald Trump stepped back from tariff threats against European nations over Greenland, calming trade tensions. Major indices posted gains amid improved market sentiment.
DGCA Orders IndiGo to Dismiss VP, Warns COO Over Flight Chaos
India's aviation regulator DGCA has directed IndiGo to dismiss a senior vice president and issued warnings to six executives, including the COO, following a probe into December 2025 flight disruptions that affected over 3 lakh passengers.
Central Railway to Get 2 Prototype EMU Rakes with Auto Doors
Central Railway will receive two new non-AC EMU rakes with automatic doors from ICF Chennai by March 2026, developed after the 2025 Mumbra train accident that killed four passengers.
CSMT to Double 15-Coach Local Services by March
Central Railway plans to increase 15-coach local services from CSMT from 22 to nearly 44 daily by March, boosting capacity by 8-10% to ease congestion on busy corridors.
India's Power Grid Crosses 5 Lakh Circuit Km Landmark
India's power transmission network has achieved a significant milestone by crossing 5 lakh circuit kilometres, marking a 71.6% growth since April 2014, enhancing national grid reliability and capacity.
US Stocks Surge on Tariff Relief, Strong GDP Data
Major US stock indices opened higher as geopolitical tensions cooled after President Trump dialed back tariff threats on Europe, while revised Q3 GDP data showed the fastest growth in two years.
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