Wall Street Slips as Intel Weighs on Tech Sector
US stock markets declined on Friday, with the Dow Jones and S&P 500 falling as Intel's disappointing revenue forecast triggered a sell-off in technology shares, overshadowing positive economic data.
Category : Business
UBS Explores Crypto Investments for Private Clients
Swiss banking giant UBS Group AG is reportedly preparing to introduce cryptocurrency investment opportunities for select private banking clients in Switzerland, with potential expansion to global markets.
India Aims for $1.3 Trillion Exports Through Manufacturing Reforms
India plans to triple exports to $1.3 trillion by 2035 through structural manufacturing reforms, focusing on 15 key sectors with a new regulatory panel and targeted infrastructure funding.
Term Insurance Calculator: Stop Guessing Your Coverage Amount
Learn why using a Term Insurance Calculator is essential for accurate coverage. Avoid the pitfalls of generic rules like the 20x income multiplier and discover how to calculate your precise financial needs.
Sensex, Nifty Crash 2%: Investors Lose ₹16 Lakh Crore
Indian stock markets witnessed a sharp decline this week with Sensex and Nifty falling over 2%. Investors lost over ₹16 lakh crore amid global uncertainties and domestic concerns.
Piccadily Agro Q3 PAT Soars 92% on Premium Spirits Demand
Piccadily Agro Industries Limited posts robust Q3 FY26 results with 52.5% revenue growth and 92.2% PAT increase, driven by premium single malt and spirits portfolio expansion.
Kinexin & Royal Jaarbeurs Strategic Alliance for India Exhibitions
Kinexin Convention Management partners with Royal Jaarbeurs to develop international exhibitions in India, starting with VIV Select India at Yashobhoomi in 2026.
Amazon Second Layoff Round Next Week, 30,000 Jobs Targeted
Amazon plans second round of job cuts next week as part of 30,000 workforce reduction, affecting AWS, retail, Prime Video, and HR divisions, marking largest layoff in company history.
Deloitte US Job Title Overhaul for AI Era from June 2026
Deloitte US announces a major job title restructuring starting June 2026, replacing traditional hierarchical roles with specialized families and alphanumeric codes to align with AI-driven demands.
Private Sector Growth Rebounds in January After December Dip
India's private sector activity showed a strong recovery in January 2024, bouncing back from a slowdown in December, driven by robust demand and improved business conditions across key sectors.
Macron's Davos Sunglasses Spark iVision's Biggest Stock Rally
French President Emmanuel Macron's €775 sunglasses at Davos sparked a meme frenzy, leading to iVision Tech's record 28% stock surge and €3.5M market cap gain in two sessions.
Pollution's Economic Cost Higher Than Tariffs: Gita Gopinath
Harvard economist Gita Gopinath highlights that air pollution costs India up to $150 billion annually, surpassing trade tariffs, with 1.7 million deaths linked to pollution each year.
Juspay Becomes First Unicorn of 2025 with $50M Funding
Mumbai-based payments infrastructure startup Juspay raises $50 million from WestBridge Capital, achieving unicorn status at $1.2 billion valuation. The funding includes primary and secondary transactions.
Syngene Cuts Revenue Forecast to Negative 2-3% for FY26
Syngene International revises full-year revenue guidance from mid-single digit growth to negative 2-3% due to ongoing destocking of a key biologics product, impacting Q3 results with revenue decline.
IOC Buys 7M Barrels Crude Oil, Diversifies from Russia
Indian Oil Corporation purchases 7 million barrels of crude oil for March loading from Brazil, UAE, Angola, continuing India's shift away from Russian oil toward Middle East, Africa, and Latin America sources.
Small & Mid-Cap Selloff in Jan 2026: Triggers & Strategies
BSE Smallcap index falls 7%, Midcap down 4% in January 2026 amid valuation concerns. Experts advise selective investing as corrections continue.
Dubai Home Buyer Programme Helps 2,000+ Buy First Homes
Dubai's First-Time Home Buyer Programme has enabled over 2,000 residents to purchase homes in six months, generating AED3.25 billion in sales and supporting long-term community growth.
BPCL Q3 Profit Jumps 89%, Dividend Announced
Bharat Petroleum Corporation Limited reports stellar Q3 results with net profit surging 89% year-on-year to ₹7,188.4 crore. The Maharatna PSU also declares a second interim dividend of ₹10 per share for FY 2025-26.
India's Growth Risks & Budget 2026 Solutions
India's robust 6-7% GDP growth faces external challenges including rupee depreciation, US tariffs, and global uncertainty. Economists analyze risks and suggest Budget 2026 measures for resilience.
Intel Shares Plunge 13% After CEO's Disappointing Forecast
Intel Corp shares plummeted 13% in pre-market trading after CEO Lip-Bu Tan issued weak Q1 guidance, highlighting persistent manufacturing challenges and inventory depletion.
Gita Gopinath: Pollution Hurts India More Than Tariffs
Former IMF official Gita Gopinath warns India's air pollution causes greater economic damage than tariffs, urging urgent action at Davos panel.
CREDAI-MCHI Empowers Next-Gen Real Estate Leaders with Legacy Event
CREDAI-MCHI organized 'The Bold Builders of Legacy Dreams' event to empower next-generation real estate leaders with insights on innovation and sustainability in Mumbai.
Sensex Dives Below 82,000 Amid Widespread Market Sell-Off
Indian stock markets experienced a significant downturn, with the Sensex falling nearly 1% to slip below the 82,000 mark amid widespread selling pressure across sectors.
Forex Reserves Hit $700 Billion After $14 Billion Jump
India's foreign exchange reserves have increased by USD 14 billion, reaching a total of USD 700 billion, as per the latest RBI data. This rise comes after reserves peaked at USD 704.89 billion in September 2024, with recent pressures due to currency inter
IndusInd Bank Swings to Q3 Profit After Q2 Loss
IndusInd Bank reported a net profit of Rs 128 crore for Q3 FY26, reversing a Rs 437 crore loss in Q2. The bank announced leadership changes and continues its balance-sheet restructuring amid year-on-year earnings pressure.
Urban Company Q3 Loss Continues as InstaHelp Investments Rise
Urban Company Ltd reports ₹382.68 crore revenue with 32.91% YoY growth but posts ₹21.16 crore net loss due to heavy investments in InstaHelp vertical. Company expects continued losses as it builds market leadership in quick services.
India Cuts US Treasury Holdings to 5-Year Low
India's US Treasury holdings plummet 26% to $174B, hitting a 5-year low as RBI diversifies forex reserves away from dollar assets amid rupee volatility and geopolitical risks.
Shriram Finance Q3 Profit Jumps 21%, Beats Estimates
Shriram Finance reported a 21.25% rise in Q3 profit to ₹25.22 billion, exceeding analyst expectations. Growth was driven by robust lending in commercial vehicles, passenger vehicles, and SME segments.
DBS: Don't Cut Equity, Diversify Amid Geopolitical Risks
Joanne Goh of DBS Bank advises against broad equity reduction despite geopolitical risks. Instead, diversify with private equity, gold, and hedge funds. She highlights opportunities in India's infrastructure, banking, and selective IT sectors.
India's Forex Reserves Jump $14.17 Billion to $701.36 Billion
India's foreign exchange reserves rebounded sharply, rising by $14.167 billion to $701.36 billion in the week ended January 16, according to latest RBI data.
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