SEBI in the process of constituting a working group to develop a tech roadmap for MIIs: SEBI Chair
Business | Updated: Jan 02, 2026
- SEBI to create a group for a long-term market tech roadmap
- AI tools SEBI Sudarshan and RADAR boost market supervision and protection
- Sensex marks 40 years, showcasing India's economic growth and market evolution
Elon Musk's xAI to build $20 billion data center in Mississippi
Business | Updated: Jan 09, 2026
- xAI to spend $20 billion on a data center in Southaven, Mississippi
- MACROHARDRR will house the world's largest supercomputer with 2 gigawatts power
- Local groups raise environmental concerns over xAI's Memphis-area data centers
Meta hires former DOGE, Trump election lawyer as lobbyist
Business | Updated: Jan 09, 2026
- Meta hired ex-Trump and Musk lawyer Bill McGinley as a lobbyist in 2025
- McGinley lobbied on tech and trade issues, reporting talks with key US agencies
- Meta has strengthened ties with Trump, hiring several GOP figures and allies
Trading Plan: Will Nifty 50 snap 4-day losing streak, Bank Nifty defend 20 DEMA?
Business | Updated: Jan 09, 2026
- Nifty 50 wipes out all of its previous week’s gains, breaks decisively below 26,000
- Nifty likely to face resistance at 26,000, however, support seen at 25,700-25,500
- Bank Nifty near its crucial support zone of 59,500–59,400
- Bank Nifty may face hurdle at 60,100–60,200 on higher side
Iran sanctions shock hits India’s basmati trade; Rs 2,000 crore shipments stuck at ports
Business | Updated: Jan 09, 2026
- Indian basmati rice exports to Iran halted after subsidy withdrawal
- Rs 2,000 crore worth consignments stuck at ports due to trade disruption
- Punjab and Haryana millers face falling prices and cash flow issues
Trade Spotlight: How should you trade Emcure Pharma, Alkem Laboratories, Indus Towers, Titan, Torrent Pharma, and others on January 9?
Business | Updated: Jan 09, 2026
- Experts recommend buying 9 stocks on January 9 including Emcure Pharma, Alkem Laboratories, Indus Towers, Titan, Torrent Pharma
TikTok picked by FIFA as video content partner at 2026 World Cup
Business | Updated: Jan 09, 2026
- FIFA names TikTok as preferred video platform for 2026 Men's World Cup
- Creators get special access and can use FIFA archival footage on TikTok
- Fans will get custom stickers, filters, and gamification features via TikTok hub
Stocks to Watch Today: BHEL, Bajaj Finserv, Bharat Forge, Rail Vikas Nigam, Bharat Electronics, Power Grid, Highway Infra, Elecon Engg in focus on 9 January
Business | Updated: Jan 09, 2026
- Stocks in Focus on Jan 9: Elecon Engineering, Bajaj Finserv, Bharat Forge, Astra Microwave Products, Waaree Renewable Technologies, Andhra Cements, Rail Vikas Nigam, Bharat Electronics, Bharat Heavy Electricals, Highway Infrastructure
UN projects India’s GDP growth to moderate to 6.6% in 2026 from 7.4% in 2025 amid high US tariffs
Business | Updated: Jan 09, 2026
- UN projects India's GDP growth to slow to 6.6% in 2026 due to US tariffs
- Strong consumption and public investment to offset tariff impact
- Key exports like electronics expected to remain exempt from US tariffs
Tamil Nadu unveils Deeptech Startup Policy with Rs 100 crore investment push
Business | Updated: Jan 08, 2026
- Tamil Nadu unveils Deep Tech Startup Policy to support 100 startups by 2026
- Policy aims to mobilise Rs 100 crore and create innovation hubs and test beds
- Over 10,000 students and professionals to be trained in deep tech domains
Trade setup for January 9: Top 15 things to know before the opening bell
Business | Updated: Jan 08, 2026
- Nifty 50 decisively falls below short- and medium-term moving averages in a single session
- Nifty may find support at 25,700, followed by 25,500 being crucial support
- Resistance is placed at 26,000
- India VIX spikes 6.53% to 10.6
BHEL commences supply of semi-high-speed underslung traction converters for Vande Bharat sleeper trains
Business | Updated: Jan 08, 2026
- BHEL begins supply of traction converters for Vande Bharat Sleeper Trains
- Converters dispatched from Bengaluru to Kolkata for final assembly
- Underslung design boosts passenger space and payload capacity
Ashwini Vaishnaw discusses manufacturing of sovereign, high-end GPUs in India with Nvidia officials
Business | Updated: Jan 08, 2026
- India discusses sovereign GPU development with Nvidia officials
- DGX Spark provides secure AI performance offline, ideal for remote use.
- India AI Mission has deployed 38,000 GPUs, subsidised at Rs 65 per hour
![Ankita Bhandari's parents meet CM Dhami, demand CBI probe into daughter's murder: "Murdered because of a VIP"](/assets-mcnews/_next/image?url=https%3A%2F%2Fimages.moneycontrol.com%2Fstatic-mcnews%2F2026%2F01%2F20260107035026_ankita-bhandari-378x213.jpeg&w=3840&q=75 "Ankita Bhandari's parents meet CM Dhami, demand CBI probe into daughter's murder: "Murdered because of a VIP"")
Ankita Bhandari's parents meet CM Dhami, demand CBI probe into daughter's murder: "Murdered because of a VIP"
Business | Updated: Jan 08, 2026
- Ankita Bhandari's parents urge CM Dhami for a CBI probe into her 2022 murder
- They seek investigation under Supreme Court judge to identify the unknown 'VIP'
- Pulkit Arya and two staff were sentenced to life for Ankita's murder in Pauri
Bharat Coking Coal raises over Rs 273 crore via anchor book ahead of IPO with LIC being biggest investor
Business | Updated: Jan 08, 2026
- Bharat Coking Coal raises over Rs 273 crore via anchor book
- Its Rs 1,071-crore IPO to open on January 9 with price band of Rs 21-23 per share
- LIC biggest investor in anchor book, picks up Rs 78 crore worth shares
- Nippon Life India, Bandhan Mutual Fund each buy shares worth Rs 75 crore
HUL gets Rs 1,559 crore income tax demand for FY22, says no impact on business
Business | Updated: Jan 08, 2026
- HUL gets Rs 1,559.69 crore tax order for FY22, plans to appeal.
- HUL Q2 net profit up 3.8% to Rs 2,694 crore; revenue rises 2.1% to Rs 16,034 crore.
- EBITDA margin drops to 23.2% as higher spending impacts profitability.
Gabion Technologies IPO closes with over 768 times subscription, check GMP ahead of listing next week
Business | Updated: Jan 08, 2026
- Gabion Technologies IPO subscribed over 768 times
- Non-institutional investors portion subscribed 1,086 times, retail 867 times
- GMP climbs to 40%
- IPO share allotment on January 9, Lising likely on January 13.
China output cap, tight supply and energy transition may keep aluminium prices on upward trajectory this year: Analysts
Business | Updated: Jan 08, 2026
- Aluminium prices to remain firm in 2026 due to China's output cap and green demand.
- LME aluminium trades near USD 3,065/tonne; MCX prices around Rs 306/kg
- Analysts see aluminium as a key beneficiary of global energy transition trends
RIL Q3 Update: Reliance Industries to announce third-quarter results on January 16
Business | Updated: Jan 08, 2026
- Reliance board to review Q3 and 9-month results on Jan 16, 2026.
- Morgan Stanley raises Reliance target price to Rs 1,847, sees 20 percent upside
- All major Reliance segments now cash flow positive, enhancing growth prospects.
Budget should extend PLI scheme to new tech sectors, provide tax certainty: EY India
Business | Updated: Jan 08, 2026
- EY India urges PLI scheme extension to AI, space, and robotics sectors
- Calls for Customs dispute resolution scheme and simplified tariff structure
- Recommends clear guidelines for smooth transition to new Income Tax Act 2025
Unicorn Fund, Greenx Wealth Multihorizons Opportunity Fund pick up over 1.4% stake in Maruti Interior Products
Business | Updated: Jan 08, 2026
- Unicorn Fund, Greenx Wealth Multihorizons Opportunity Fund buy over 1.4% stake in Maruti Interior Products
- NV Alpha Fund Management acquires 0.5% stake in Kross
SEBI sets up working group to chart technology roadmap for market infrastructure institutions
Business | Updated: Jan 08, 2026
- SEBI forms group to draft tech roadmaps for Market Infrastructure Institutions
- Group to focus on AI, blockchain, cloud, and quantum-safe systems for securities
- Recommendations aim to make India's securities market competitive and future-ready.
Giriraj Singh urges states to adopt investor-friendly policies to strengthen textile sector
Business | Updated: Jan 08, 2026
- Centre urges states to attract investments for textile sector growth
- Textiles Ministers’ Conference emphasizes innovation and roadmap creation
- MoUs signed with 15 states under Tex-RAMPS scheme to boost textile research
FIIs net sell Indian equities worth Rs 3367 crore, while DIIs net buy Rs 3701 crore
Business | Updated: Jan 08, 2026
- FII net outflows Rs 3367 crore, DIIs net bought Rs 3701 crore on Jan 8, 2026
- Nifty50 fell 264 points; metals, oil & gas, and PSU banks led sector declines
- US tariff concerns and FII selling triggered broad market weakness
We have narrowed the gap with the market leader: BMW Group India President and CEO Hardeep Singh Brar
Business | Updated: Jan 08, 2026
- BMW India aims to be in the top 15 markets by 2030
- It is targeting more than 10% growth in 2026 sales
- It is adding new outlets in smaller towns and cities
AI Impact Summit science group to link global AI researchers, study cross-border use cases: DST Secy Karandikar
Business | Updated: Jan 08, 2026
- AI for Science group plans global network for AI researchers to share data sets
- PM Modi met 12 Indian AI start-ups ahead of the AI Impact Summit in Delhi
- Start-ups showcased AI in language models, healthcare, and 3D generative solutions.
DynaSIF Equity Long-Short Fund: 360 One Mutual Fund files draft documents for first SIF product
Business | Updated: Jan 08, 2026
- 360 ONE Mutual Fund files for DynaSIF Equity Long-Short Fund under SEBI's SIF rules.
- Fund targets long-term growth via listed equities and limited short positions
- Minimum investment is Rs 10 lakh for regular, Rs 1 lakh for accredited investors
Public Investment Board approves 1720MW Kamala Hydroelectric Project: Sources
Business | Updated: Jan 08, 2026
- 1720 MW Kamala Hydroelectric Project in Arunachal Pradesh approved by PIB
- Project to produce 6869.92 MU green energy yearly, support Brahmaputra flood relief
- NHPC, Arunachal Govt to jointly implement Rs 26069.5 crore project
RBI considering fresh exporter relief steps after low take‑up of loan moratorium: Report
Business | Updated: Jan 08, 2026
- RBI considers new support for exporters hit by US tariffs up to 50 percent
- Few exporters used last year's loan moratorium; new relief options under review
- Trade ministry starts interest subsidies for small and midsized exporters
PRAGATI proves to be a powerful platform for power sector; 237 projects worth Rs 10.53 lakh crore reviewed and commissioned
Business | Updated: Jan 08, 2026
- PRAGATI has reviewed 53 power projects worth Rs 4.12 lakh crore at PM's level
- 43 delayed power projects worth Rs 3 lakh crore have been commissioned
- PRAGATI resolved over 90% of issues in reviewed projects.