BUSINESS
Budget Expectations Updates: Finance Minister chairs Pre-Budget Consultation meeting with States, Union Territories
PODCAST
Tariff blow to markets, India shifts forex strategy & Gold ETFs continue to rule | MC Editor's Picks
Benchmark indices fall on Trump’s tariff threats but retail investors remain strong, there’s a significant shift in how India manages its forex reserves, India may begin largescale purchases of Venezuelan crude if US lifts sanctions, investors continue to seek safety in gold & PM Modi urges startups to think big - all this and much more in the latest Moneycontrol Editor’s Picks. Tune in.
INDIA
ED alleges ‘key evidence’ taken, explores Supreme Court route as Mamata calls raids 'chori'
ED may approach the Supreme Court over alleged obstruction during I-PAC raids, claiming Rs 20 crore hawala links; Mamata Banerjee denies wrongdoing.
WORLD
US signals ‘yes’ to India buying Venezuelan oil, but under Washington’s hand on the tap
The White House says it is open to India buying Venezuelan oil under a US-controlled framework, signaling a partial reopening of trade frozen by sanctions.
WORLD
'Everybody wants to be there': Trump calls Chevron, Exxon, Conoco for a Venezuela oil reset
Trump will meet top oil executives at the White House to discuss Venezuela’s oil, security and prices, as he claims Rs 8.3 trillion in potential investment.
INDIA
Jaipur drunk-driving horror: Speeding luxury car mows down 15 pedestrians, 1 dead; manhunt on
A speeding luxury car hit pedestrians in Jaipur’s Patrakar Colony, killing one and injuring 15. Police say occupants were intoxicated; one detained.
BUSINESS
Yajur Fibres IPO closes with 1.31 times subscription, Victory Electric Vehicles offer booked 97%
Both companies are set to finalise their IPO share allotment by January 12, while their equity shares will be available for trading on the BSE SME and NSE Emerge, effectively, on January 14.
WORLD
‘India, Pakistan were ready to go at it big’: Trump claims he stopped a war after ‘eight planes’ were shot down
Trump reiterated his claim that he stopped the India-Pakistan conflict and other wars, saying eight planes were shot down, even as India denies US mediation.
MARKETS
Trading continues on Jan 15, but settlement doesn’t: Read this before you hit ‘buy’ or ‘sell’
Equity and commodity segmnets will be open but currency and debt segmnets will be closed for the day.
WORLD
Why is X changing Iran’s flag emoji, and what message does the lion-and-sun send?
X will replace Iran’s flag emoji with the pre-1979 lion-and-sun symbol, a politically charged move announced as internet restrictions persist in Iran.
BUSINESS
BofA takes 0.66% stake in MTAR Tech; SocGen and Marshall Wace swap Rs 51 crore Tata Capital
MTAR Technologies shares may have reacted to the deal, rising 6.84 percent to Rs 2,689.7 amid high volumes, despite sharp sell-off in equity markets.
BUSINESS
US Equity fund inflows hit one-year high as emerging market flows extend six-week run: Elara Securities
US equity fund flows rose to $79 billion, the highest level in a year, driven by large inflows into iShares and Vanguard S&P 500 exchange-traded funds.
BUSINESS
Tamil Nadu to roll out state-backed quantum computing access for students, startups
Programme to offer remote access to a 4-qubit quantum computer in first phase; physical deployment under consideration later
BUSINESS
Motilal Oswal AMC pauses fresh inflows into Nifty Microcap 250 index fund after SEBI talks
The fund house added that further communication will follow once discussions with SEBI are concluded
INDIA
UP government extends Ayodhya non-veg ban to online food delivery platforms
Uttar Pradesh has extended the non-vegetarian food ban along Ayodhya pilgrimage routes to online delivery apps, hotels, homestays and guesthouses.
BUSINESS
Budget Session 2026 to run Jan 28–Apr 2; Union Budget on Feb 1, Economic Survey on Jan 29
Parliament’s Budget Session 2026 will run Jan 28–Apr 2 in two phases, with the Union Budget on Feb 1 and the Economic Survey tabled on Jan 29.
BUSINESS
FIIs net sell Indian equities worth Rs 3769 crore while DIIs net bought Rs 5596 crore
During the session, FPI/FIIs bought shares worth Rs 11,093 crore, while offloading Rs 14,863 crore. DIIs net bought shares worth Rs 18,481 crore and solds shares worth Rs 12,885 crore.
INDIA
Video | Delhi Chief Minister Rekha Gupta on AAP 'mocking' her mistakes: 'It hurts me deeply'
Rekha Gupta questioned the intent behind the criticism, suggesting it reflected discomfort with a woman occupying the state’s top post.
AUTOMOBILE
Ashok Leyland inaugurates green mobility-focussed CV plant in Lucknow
Ashok Leyland's Lucknow facility will have an annual production capacity of up to 5,000 vehicles.
INDIA
India nears hypersonic missile capability as DRDO tests advanced scramjet engine
DRDO News: Successful 12-minute actively cooled scramjet combustor test marks a key step in hypersonic cruise missile development
PODCAST
No AI toys: PM’s missive to Foundational AI startups; India’s Financial Intelligence Unit releases fresh guidelines for crypto assets; and Gaurav Munjal's startup plans in limbo after M&A falls through | MC Tech3
In today’s Tech3 from Moneycontrol, we bring you a big message from Prime Minister Narendra Modi to AI startups on thinking beyond “AI toys” and building for India-scale impact. We also unpack stricter compliance norms for crypto firms, the fallout of the stalled Unacademy–UpGrad deal, and why data centre operators are pitching energy-focused incentives ahead of Budget 2026.
MARKETS
Boost for AIFs as SEBI allows agreements before certification, simplifies accredited investor norms
SEBI clarified that any commitment made by such investors will not be included in the scheme corpus until the accreditation certificate is issued.
BUSINESS
Bharat Coking Coal IPO GMP jumps to 48% on strong demand; Amagi Media Labs GMP at 9%
IPO of Bharat Coking Coal, a Coal India arm, was subscribed nearly eight times on the opening day and was fully subscribed within minutes of opening on Friday.
BUSINESS
Hyderabad-based AMSL see profit booking on approval to list preferential shares
The company operates in the aerospace and defence segment and has a market capitalisation of over Rs 9,000 crore.
