Business

Pessimism is now finally seeping in: CITI Sect. General on US-Ind

India's textile and apparel exports face significant strain due to United States tariffs, with approximately 30 per cent of the sector's trade currently in doubt.

2026-01-09T09:56:18.912663+00:00 IST

"Ensure digitalisation, innovations aligned with fair outcomes"

Speaking on the usage of data, he mentioned that the RBI has undertaken several initiatives in the past to streamline the reporting mechanisms and improve the quality of data. He further mentioned that while we have made good use of this data, there is scope for more effective use of this data.

2026-01-09T09:45:30.281429+00:00 IST

Indian billionaire Pearl Kapur’s Kyvex strengthens leadership

Kyvex, the sovereign AI platform founded by Indian entrepreneur Pearl Kapur, continues to reinforce its leadership bench with strategic appointments aimed at scaling its AI-first ecosystem across India and global markets.

2026-01-09T09:35:54.609535+00:00 IST

"Regulation works best when banks see supervisors as partners"

Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.

2026-01-09T09:19:51.749050+00:00 IST

Rajnath Singh, Yogi Adityanath inaugurate Ashok Leyland’s EV unit

Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath on Friday inaugurated Ashok Leyland's Electric Vehicle (EV) manufacturing plant in Lucknow, marking a significant milestone in the state's industrial development.

2026-01-09T09:18:13.803239+00:00 IST

Auto Finance NBFCs to register 13 to 20% AUM growth in Q3FY26

Asset under management (AUM) growth for non-banking financial companies (NBFCs) is expected to remain resilient in the third quarter of FY26, led primarily by strong performance in the auto finance segment, while affordable housing finance may see relatively weaker disbursement trends, highlighted a report by Centrum.

2026-01-09T09:06:40.585810+00:00 IST

India data centre capacity more than doubled to 387 MW in 2025, p

India's data centre capacity additions more than doubled in 2025, reaching 387 MW IT as the country emerged as one of the world's fastest-growing markets for digital infrastructure. This figure represents a 103 per cent year-on-year increase from the 191 MW IT added in 2024, according to a report by global real estate consultancy Savills India. By 2030, India's total data centre capacity is projected to triple, reaching over 4 GW IT with a compound annual growth rate of 23 per cent.

2026-01-09T09:01:09.854368+00:00 IST

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Business

India–EU FTA talks advance as Goyal, EU Commissioner stress prote

Union Minister of Commerce and Industry Piyush Goyal and European Union Trade and Economic Security Commissioner Maros Sefcovic reaffirmed their commitment to a rules-based trading system and a modern economic partnership during high-level talks in Brussels.

2026-01-09T08:59:42.346323+00:00 IST

Business

Demand pick-up likely across FMCG in Q3FY26

Centrum estimates FMCG to post 6.6% year-on-year revenue growth in Q3FY26, driven by nearly 4% volume growth. Gross margins are projected to expand by 17 basis points year-on-year to 52.2%, while EBITDA margins may improve by 35 basis points to 26%.

2026-01-09T08:08:45.993307+00:00 IST

Business

British Columbia Premier to lead trade delegation to India

British Columbia Premier David Eby will meet with government and business leaders in New Delhi, Mumbai, Chandigarh and Bengaluru during his upcoming trade mission to India.

2026-01-09T07:58:15.544223+00:00 IST

Business

Strong loan growth, healthy asset quality to support banks, NBFCs

Loan growth remained robust across the system, with private banks reporting year-on-year growth of about 11% and state-owned banks posting over 12% growth. NBFCs also continued to see healthy expansion in assets under management, the report said.

2026-01-09T07:51:02.427408+00:00 IST

Business

Tamil Nadu govt visits HD Hyundai in Korea, Signs MoU to strength

HD Hyundai strengthens shipbuilding cooperation with the Tamil Nadu government following a high-level delegation visit to the Ulsan shipyard in South Korea on Thursday. Five officials from the Tamil Nadu government, including TRB Rajaa, Minister for Industries, Investment Promotions and Commerce, and Gaurav Daga, Deputy Vice President at Guidance Tamil Nadu, toured the HD Hyundai Heavy Industries Co. facility to observe commercial and special-purpose vessel operations.

2026-01-09T07:42:24.065588+00:00 IST

Business

Agri sector companies likely to report soft Q3FY26 performance

Companies operating in the agriculture sector are expected to report a soft quarterly performance in the third quarter of FY26 due to a seasonal let-down, highlighted a report by Nuvama.

2026-01-09T07:29:22.721860+00:00 IST

Business

Hyundai unveils AI chips for robots at CES Foundry 2026

Hyundai Motor Group unveiled an on-device artificial intelligence chip as part of another major AI push, aiming to enable robots to perceive, decide and act autonomously in real-world environments, according to a report by Korea Herald.

2026-01-09T07:00:54.326655+00:00 IST

Business

Gold, defence stocks gain as Venezuela crisis heightens geopol

Gold and defence contractors have emerged as key beneficiaries of the Venezuelan crisis, as the US military intervention fuels a broader rise in geopolitical tensions and investor demand for safe-haven and security-related assets, according to a report by DBS Bank.

2026-01-09T07:00:16.713990+00:00 IST

Business

Global cooperation faces mixed trends in trade and technology

Global cooperation in critical economic and technological domains continues to show uneven progress amid rising geopolitical tensions and structural uncertainties, according to the Global Cooperation Barometer 2026 released by the World Economic Forum.

2026-01-09T06:35:45.333783+00:00 IST

Business

AI investment collapse could make US economy vulnerable Jefferies

A sudden collapse in artificial intelligence (AI) investment could make the United States economy vulnerable, as AI-related capital expenditure has emerged as a key driver of economic growth in recent years, highlighted a report by Jefferies.

2026-01-09T06:28:36.442130+00:00 IST

Business

Lutnick claims trade deal with India not done, Modi did not call

US Commerce Secretary Howard Lutnick has claimed that the United States did not sign a trade deal with India as Prime Minister Narendra Modi did not place a call to US President Donald Trump.

2026-01-09T05:45:16.104693+00:00 IST

Business

NSE in talks with IGX to develop natural gas futures contract

National Stock Exchange of India announced that it is in discussion on a strategic collaboration with Indian Gas Exchange (IGX) to develop and launch Indian Natural Gas Futures, a landmark initiative aimed at strengthening India's natural gas market ecosystem.

2026-01-09T05:44:58.890855+00:00 IST

Business

Indian markets open lower amid US tariff threat, FPI outflows

Selling pressure continued to hang over domestic equity markets in the opening session on Friday as benchmark indices opened in the red, weighed down by persistent 500 per cent US tariff threats on countries importing Russian crude and record foreign portfolio investor (FPI) outflows.

2026-01-09T04:13:10.165981+00:00 IST

Business

Trump meets Intel CEO, hails US-Made Sub-2 Nanometer Chip

US President Donald Trump has hailed chipmaker Intel for launching an advanced semiconductor product manufactured entirely in the United States, calling it a major achievement for American industry and a validation of his administration's aggressive trade and manufacturing policies.

2026-01-09T03:09:09.437770+00:00 IST