India posts slowest mcap rise in three years amid global surge in 2025
Business | Updated: Jan 01, 2026
- India's equity market rose only 2.3%, weakest among top 10 in 2025.
- Global market cap rose 22%, led by Canada, China, and Taiwan.
- Sensex and Nifty traded near record highs, supported by strong domestic inflows
How can NRIs transfer mutual fund redemption proceeds from NRO to NRE account?
Business | Updated: Jan 07, 2026
- NRIs must submit Form 15CB and file Form 15CA to transfer funds from NRO to NRE
- Up to $1 million can be transferred yearly from NRO to NRE without RBI approval
- Investing directly from NRE accounts helps avoid repatriation issues later
The greatest gift I gave myself: Samantha Prabhu on how entrepreneurship rewired her mindset
Business | Updated: Jan 07, 2026
- Samantha Prabhu calls entrepreneurship the best phase of her life
- She has invested in 12 startups, focusing on wellness and fashion
- Her clothing brand Truly SMA will expand to retail stores this year
Oil falls after Trump says Venezuela will send oil to United States
Business | Updated: Jan 07, 2026
- Oil prices dropped as Trump announced US will receive 30-50M barrels of Venezuelan oil.
- Deal may add to global oversupply concerns, pressuring crude prices further
- Chevron is the sole exporter of Venezuelan oil to the US under current regulations.
Daily Voice | Vikas Gupta sees stronger earnings recovery each quarter; banking, finance may surprise
Business | Updated: Jan 07, 2026
- Within industrials, the defence and railways related companies are likely to show significant earnings growth, said Vikas Gupta.
Gold climbs as traders look beyond Venezuela risk to US data
Business | Updated: Jan 07, 2026
- Gold rose 1.1% to over $4,495/oz, driven by US data and Venezuela tensions.
- Silver rallied for a third day, surging 6.2% to $81.31 an ounce
- Traders eye US jobs report and possible Fed rate cuts for further bullion gains
Buffett vs real estate: The 5-second stock deal that explains why he still bets on equities
Business | Updated: Jan 07, 2026
- Buffett says stocks are faster and simpler to buy than real estate
- He cites liquidity and efficiency as key advantages of equities over property
- Buffett notes Munger enjoyed real estate but preferred stocks for scalability
Trading Plan: Will Nifty 50 extend its losing streak for a third session, Bank Nifty eye record high?
Business | Updated: Jan 07, 2026
- Technical and momentum indicators are in favour of the banking index. As long as Bank Nifty holds the 59,800 support, an upward journey toward 60,400-60,500 can be seen; until then, there could be range-bound trade.
Oracle’s debt ‘unlikely’ to trigger cut to junk grade, UBS says
Business | Updated: Jan 07, 2026
- Oracle expected to maintain investment-grade bond rating despite AI-related debt.
- UBS says downgrade to junk status is unlikely in the near term
- Oracle's future rating depends on AI outlook and borrowing plans
Trade Spotlight: How should you trade Pidilite, Fortis Healthcare, Sun Pharma, Emcure, Tata Consumer Products, and others on January 7?
Business | Updated: Jan 07, 2026
- Experts picked top 8 buy ideas for January 7 including Pidilite Industries, Fortis Healthcare, Sun Pharma, Emcure, and Tata Consumer Products
Stocks to Watch Today: Titan, Jubilant Foodworks, Godrej Consumer Products, IRB Infrastructure Trust, Pidilite, Fino Payments Bank in focus on 7 January
Business | Updated: Jan 07, 2026
- Stocks like Pidilite Industries, Fino Payments Bank, Reliance Industries, and Modern Diagnostic & Research Centre will be in focus on January 7.
ONGC gas well fire: Water to be diverted from Gudavalli Canal to tackle blaze
Business | Updated: Jan 07, 2026
- Massive fire erupts at ONGC gas well in Irusumanda village, Konaseema district
- Village evacuated as firefighting teams work to control blaze and gas emissions
- Authorities may shut and seal the well if fire is not controlled by noon
Department of Economic Affairs creates Rs 17 lakh crore three-year PPP project pipeline
Business | Updated: Jan 07, 2026
- Finance Ministry reveals 3-year PPP plan with 852 projects worth Rs 17 lakh crore
- Road Transport Ministry leads with 108 projects valued at Rs 8.76 lakh crore
- Andhra Pradesh tops states with 270 PPP projects worth Rs 1.15 lakh crore
TPG said in be talks with IIFL Capital for stake acquisition
Business | Updated: Jan 07, 2026
- TPG may acquire at least 20 percent stake in IIFL Capital, including buying out stake from Fairfax
- TPG likely to infuse fresh capital into IIFL Capital as part of the deal
- This marks TPG's first major investment in India's wealth management sector
India, EU crucial FTA talks on January 8-9 in Brussels; Piyush Goyal to meet Maros Sefcovic
Business | Updated: Jan 06, 2026
- India and EU to hold ministerial talks in Brussels on free trade agreement
- Goyal and Sefcovic aim to resolve FTA issues and expedite negotiations
- India seeks zero-duty access for textiles, leather, gems, and handicrafts
Trade setup for January 7: Top 15 things to know before the opening bell
Business | Updated: Jan 07, 2026
- The Nifty 50 continued to trade above all key moving averages, but momentum indicators signalled some short-term caution.
China slaps export controls on Japan military for Taiwan remarks
Business | Updated: Jan 06, 2026
- China bans dual-use exports to Japan over Taiwan comments
- Japan relies on China for 70% of rare earth imports as of 2024
- China's move may impact Japan's military and tech sectors over time
India's fuel demand hits highest on record in December
Business | Updated: Jan 06, 2026
- India's fuel consumption hit 21.75 million metric tons in December, up 5.3% year-on-year and the highest monthly number recorded in oil ministry data going back to April 1998.
- WHY IT'S IMPORTANT
- India is the world's third-largest consumer and importer of oil and the largest buyer of Russian seaborne crude, taking advantage of discounts on Russian oil as Europe and the U.S. shun those barrels over Russia's invasion of Ukraine.
- BY THE NUMBERS
- Data released by the oil ministry's Petroleum Planning and Analysis Cell (PPAC) on Tuesday showed sales of gasoline, or petrol, stood at 3.56 million metric tons in December, up 1.1% from November and 7.1% from a year earlier.
- Diesel consumption was at 8.46 million tons, up 5% from a year earlier but down 1.1% month-on-month.
- Liquefied petroleum gas consumption rose 11.2% from a year earlier to 3.08 million tons.
- Naphtha sales fell 0.4% year-on-year to 1.01 million tons, while consumption of bitumen, used primarily in road construction, rose 0.3% from November and 18.8% on an annual basis at 0.91 million tons.
- Fuel oil usage stood at 0.57 million tons, rising 2.3% from a year earlier and about 1.6% month-on-month.
- CONTEXT
- The U.S. could raise tariffs on India if New Delhi does not meet Washington's demand to curb purchases of Russian oil, President Donald Trump said on Sunday.
- Trump's comments follow months of trade negotiations after the U.S. doubled import tariffs on Indian goods to 50% last year as punishment for its heavy buying of Russian oil.
- India's Reliance Industries said it is not expecting any Russian crude oil deliveries in January.
- DOMESTIC SALES (in millions of metric tons):
- 2025 2025 2025 2024 2024 2024
- December November October December November October
- Diesel 8.46 8.55 7.62 8.05 8.17 7.65
- Petrol 3.56 3.52 3.67 3.32 3.43 3.41
- LPG 3.08 2.86 2.87 2.77 2.67 2.72
- Naphtha 1.01 0.89 0.89 1.01 1.10 1.16
- Jet fuel 0.79 0.79 0.77 0.78 0.75 0.76
- Kerosene 0.04 0.04 0.04 0.04 0.04 0.03
- Fuel Oil 0.57 0.56 0.59 0.56 0.50 0.62
- Bitumen 0.92 0.91 0.66 0.77 0.71 0.64
- TOTAL 21.75 21.27 20.17 20.66 20.66 20.25
Universal partners with Nvidia on AI music creation, discovery
Business | Updated: Jan 06, 2026
- Universal Music and Nvidia team up to enhance AI in music discovery and creation.
- AI will boost music search by emotion and cultural resonance in new collaboration.
- Universal and Nvidia to launch an incubator for AI-powered artist tools.
Centre explores extending mandatory hallmarking to silver amid rising prices
Business | Updated: Jan 06, 2026
- Centre considering mandatory hallmarking for silver jewellery and artefacts
- Silver hallmarking is voluntary; over 51 lakh items hallmarked in 2025.
- No timeline set; BIS evaluating infrastructure and consulting industry stakeholders
Compact Structure Fund acquires additional 0.8% stake in Speb Adhesives
Business | Updated: Jan 07, 2026
- Compact Structure Fund already held 19.66 lakh shares (8.75 percent stake) in Speb Adhesives as of December 5, 2025.
UP Cabinet approves sops for semiconductor projects investing Rs 3,000 crore
Business | Updated: Jan 06, 2026
- UP Cabinet approves incentives for semiconductor firms investing ₹3,000 crore+
- Stamp duty cap of Rs 5,000 on family property gifts now includes commercial properties
- 500-bed multi-specialty hospital to be built in Varanasi for Rs 315 crore
FII/FPI net sell Indian equities worth Rs 106 crore, while DIIs net buy Rs 1749 crore
Business | Updated: Jan 06, 2026
- FPIs net sold Indian equities worth Rs 106 crore on January 6, 2026
- DIIs bought Indian equities worth Rs 1,749 crore, supporting the market
- Sensex fell 376 points, Nifty dropped 71 points amid profit booking
Fed’s Miran says more than full point of cuts needed in 2026
Business | Updated: Jan 06, 2026
- Fed Governor Miran urges over 1 percentage point rate cuts in 2026
- Miran says current policy is restrictive and holding back the US economy
- Fed officials split on whether rates are near neutral level
Ideal Cures founder buys two flats for Rs 191 crore at Raheja Artesia in Mumbai's Worli
Business | Updated: Jan 06, 2026
- Suresh Pareek and Veena S Pareek buy two Raheja Artesia flats for Rs 190 crore
- The apartments span 12,114 sq ft and include ten car parks
- Deal among Mumbai's largest luxury property transactions this year
NITI Aayog urges more competitiveness in existing FTAs as trade deficit jumps 59%
Business | Updated: Jan 06, 2026
- India's Q1 FY26 exports to FTA partners fell 9%, imports rose 10%.
- Trade deficit with FTA partners jumped 59 percent to $26.7 billion
- NITI Aayog urges more competitiveness in FTAs amid uneven export-import trends
Leaving NPS: When you can take more cash, and when you cannot
Business | Updated: Jan 06, 2026
- At age 60, up to 60% of NPS can be withdrawn; 40% must buy an annuity
- Full withdrawal allowed if NPS corpus is Rs 5 lakh or less at age 60
- 80% annuity for early exit if corpus > Rs 2.5 lakh; else, full withdrawal allowed
Merz says parts of German economy in ‘very critical’ state
Business | Updated: Jan 06, 2026
- Chancellor Merz says parts of Germany's economy are in "very critical" condition
- Merz vows to boost economic growth and enhance business climate by 2026
- SPD emphasizes job security, innovation, and social welfare amid coalition tensions.
Proptech firm PropertyPistol to invest AED 10 million to expand UAE, Dubai operations
Business | Updated: Jan 06, 2026
- PropertyPistol to invest AED 10 million to expand Dubai operations
- Funds will boost advisory, tech, compliance, and offices in key UAE cities
- Indian buyers account for 22% of Dubai's global residential property sales.
Modern Diagnostic IPO shares see double-digit GMP ahead of its market debut
Business | Updated: Jan 06, 2026
- Modern Diagnostic IPO shares traded at a 15 percent premium in the grey market
- IPO saw over 350 times subscription, raising nearly Rs 37 crore
- Funds to be used for equipment, expansion, and debt repayment