India enters 2026 at market inflection point amid global slowdown concerns: Quant Mutual Fund
Business | Updated: Jan 06, 2026
- India expected to surpass Japan as world's fourth-largest economy in nominal GDP
- 2026 global markets volatile from policy changes and currency pressures
- Quant Mutual Fund remains constructive on Indian equities, favoring large caps
Trent shares fall 8% after revenue growth stays flat sequentially; brokerage outlook mixed
Business | Updated: Jan 06, 2026
- Trent shares dropped 8% after Q3 FY26 results missed revenue growth estimates.
- Q3 revenue rose 17 percent YoY to Rs 5,220 crore; store count up 28 percent YoY
- HDFC Securities upgraded Trent to 'Add' with a target of Rs 4,700 per share.
Silver futures open strong above Rs 250,801 amid geopolitical tension; check rates in your city
Business | Updated: Jan 06, 2026
- Silver spot price rose 2.78 percent in a day, reaching $78.74 per ounce on Jan 6
- Geopolitical tensions have boosted silver as a safe-haven investment
- Silver may rally further, with targets of $88.60, $99, and $107 in coming months
Rupee opens 7 paise up as dollar dips
Business | Updated: Jan 06, 2026
- Rupee opened 7 paise higher at 90.21 as dollar index eased on softer US data
- US manufacturing PMI fell to 47.9, marking sharpest contraction since 2024
- Rupee faces pressure from importer demand and US-India trade deal uncertainty
Centre plans separate licence regime for bulk drugs, APIs: Report
Business | Updated: Jan 06, 2026
- India to issue wholesale licences for bulk drugs and APIs to enhance traceability
- New framework to enhance oversight following drug contamination safety lapses.
- Move aims to address supply chain gaps and boost accountability in pharma sector
Gold price today: Spot price rises 2.42% in a week to $4,451; check prices in your city
Business | Updated: Jan 06, 2026
- Gold spot price rose 0.06 percent to $4,451 an ounce on January 6
- Gold futures on MCX opened at Rs 1,38,148 per 10g, up 0.02% from previous close.
- Gold sales dropped 35–40 percent YoY in December 2025 due to high prices
Copper hits record above $13,000 as bulls eye US import rush
Business | Updated: Jan 06, 2026
- Copper hits record $13,187/ton on LME, up 20% since mid-November
- US import rush and tariff uncertainty drive global copper prices higher
- Supply disruptions and low inventories intensify concerns over copper shortages
SIP of Rs 20,000-40,000 a month: How many years will it take to get to Rs 1 crore?
Business | Updated: Jan 06, 2026
- Regular SIPs and patience can build a crore-rupee portfolio over 15 years
- Compounding benefits appear strongly in later years, not early on
- Consistency matters more than timing or chasing higher returns
Does switching ELSS from dividend to growth qualify for Section 80C tax benefit?
Business | Updated: Jan 06, 2026
- Switching ELSS to growth after 3 years qualifies for Section 80C benefit
- Switched amount is treated as a fresh investment for tax deduction purposes
- 12.5% tax on long-term capital gains over Rs 1.25 lakh, no indexation
First Tick: Top global cues to watch in today’s trade
Business | Updated: Jan 06, 2026
- Sensex and Nifty likely to open higher, GIFT Nifty trading at 26,396.50
- Asian and US equities posted gains despite geopolitical tensions
- Brent crude rose 1.7% to $61.76 a barrel amid Venezuela developments
Even Healthcare raises $20 million from existing investors to scale managed-care hospitals in Bengaluru
Business | Updated: Jan 06, 2026
- Even Healthcare raised $20 million to expand managed-care hospitals in Bengaluru
- Company's valuation more than doubled in under 12 months
- First hospital reached operating break-even in under six months
Maduro capture puts spotlight on Maha’s Venezuela oil project
Business | Updated: Jan 06, 2026
- Maha Capital seeks partners for Venezuelan oil project as investor interest grows.
- PetroUrdaneta could boost output from 2,000 to 40,000 barrels a day by 2030
- Maha awaits US OFAC approval and may secure a minority stake from Novonor
Nvidia targets robotaxi launch by 2027, signalling push beyond AI chips
Business | Updated: Jan 06, 2026
- Nvidia plans to test a Level 4 robotaxi service with a partner by 2027
- Service to launch with limited availability; partner and city undisclosed
- Nvidia aims to expand beyond AI chips into autonomous vehicles and robotics
Oil shock or no? Arvind Subramanian plays down Venezuela strike impact as Trump eyes oil exports
Business | Updated: Jan 06, 2026
- Arvind Subramanian says US strikes on Venezuela unlikely to impact oil market
- Dilip Sinha calls US action in Venezuela a violation of international law
- Maduro faces charges in US after being detained and transferred from Venezuela
India may rethink how it measures growth, as shift from GDP to NDP comes under consideration
Business | Updated: Jan 05, 2026
- India may shift from GDP to NDP as main economic growth measure
- NDP accounts for depreciation, offering a clearer view of actual income
- Any switch to NDP likely after 2029, with new GDP series due in 2026
Bitcoin scam: PMLA court takes cognizance of ED chargesheet against Shilpa Shetty's husband Raj Kundra; issues summons
Business | Updated: Jan 05, 2026
- PMLA court summons Raj Kundra in Bitcoin scam case after ED files chargesheet
- Kundra allegedly got 285 Bitcoins worth over Rs 150 crore from scam mastermind.
- Kundra and Dubai-based Rajesh Satija must appear before court on January 19
Further tariff hike by US on Indian goods may hit exports, spur diversification: Experts
Business | Updated: Jan 05, 2026
- US tariff hikes may worsen Indian exports, already down 20.7% since May.
- Experts say higher tariffs may push Indian exporters to diversify markets
- India and US negotiating trade pact to resolve high tariffs on Indian goods
US stocks rise as Venezuela ‘spillover’ seen muted; tech, energy gain
Business | Updated: Jan 05, 2026
- US stocks rose as tech and energy shares gained after Venezuela's Maduro ouster
- Chevron, ConocoPhillips, and Exxon rose on US vow to boost Venezuela energy.
- Analysts expect S&P 500 to rise 9% in 2026, slower than previous years
FII/FPIs net sell Indian equities worth Rs 36 crore while DIIs net bought Rs 1,764 crore
Business | Updated: Jan 05, 2026
- FPIs net sold Indian equities worth Rs 36 crore; DIIs bought Rs 1764 crore
- Nifty fell 75 points, Sensex dropped 322 points amid profit booking
- Realty and Defence indices rose over 2 percent; IT index shed 1.5 percent
Simple Energy expands scooter lineup with Gen 2 Simple One, introduces 400-km range model: Check price
Business | Updated: Jan 05, 2026
- Simple Energy launched Gen 2 Simple One, OneS, and new Ultra electric scooters.
- Simple Ultra offers a 400 km IDC-certified range, the longest in the lineup.
- All models now at dealerships and online with new features and upgrades.
Saudi Arabia tests bond market appetite with new dollar deal
Business | Updated: Jan 05, 2026
- Saudi Arabia plans to issue dollar bonds with maturities from 3 to 30 years
- Bond proceeds will fund major projects to diversify the economy from oil
- Goldman Sachs forecasts Saudi Arabia may issue $25 billion in debt in 2023
Gabion Technologies IPO to hit Dalal Street on January 6, shares attract over 30% GMP
Business | Updated: Jan 05, 2026
- Gabion Technologies India IPO opens Jan 6 with price band of Rs 76-81 per share
- Company aims to raise Rs 29.16 crore via fresh issue of 36 lakh shares
- IPO proceeds to fund working capital, machinery, and corporate purposes
EPF withdrawals made simpler: When you can take money out and what it really costs you
Business | Updated: Jan 05, 2026
- EPFO streamlines withdrawals into essential, housing, and special needs categories.
- Full EPF withdrawal allowed after retirement, disability, or permanent migration
- Withdrawals before five years may attract tax and break compounding benefits
Banks, P2P lending or DeFi: Which one actually works in real life?
Business | Updated: Jan 05, 2026
- Banks offer stability and insurance but have slow processes and strict criteria.
- P2P lending offers quick access but has higher credit risk and variable rates.
- DeFi offers automation and control but lacks institutional protection and has risks.
What cyber insurance really covers in everyday digital and ID fraud cases
Business | Updated: Jan 05, 2026
- Cyber insurance covers unauthorized transactions, not user-approved scams.
- Identity theft cover usually helps with paperwork, not reimbursing losses.
- Policies may not cover all family members unless explicitly named
US intervention in Venezuela: Near-term impact on India’s oil import mix is unlikely, says official
Business | Updated: Jan 05, 2026
- US intervention in Venezuela unlikely to affect India's oil imports in 1-3 years
- Few Indian refineries can process Venezuela's heavy, high-sulfur crude.
- Any increase in Venezuelan oil imports to India will be gradual and limited
Chevron, US oil stocks rally as Trump vows Venezuela revival
Business | Updated: Jan 05, 2026
- US oil stocks surged after Trump pledged to revive Venezuela's energy sector
- Chevron up 10%, ConocoPhillips and Exxon Mobil also rose in premarket trading
- Venezuela's oil industry revival may take years, cost over $100 billion
Bitcoin advances to three-week high as stocks, silver rise
Business | Updated: Jan 05, 2026
- Bitcoin reaches 3-week high, surpasses 50-day moving average post-market crash.
- Investors still favor risk assets despite Venezuela's political uncertainty.
- Traders eye $94,000 as key resistance, $88,000 as support for Bitcoin
What is mis-selling in insurance, and why has IRDAI flagged it in its latest report? | Explained
Business | Updated: Jan 05, 2026
- Life insurer complaints steady, but mis-selling and unfair practices increased
- India's life insurance penetration dropped to 2.7%, below the global average.
- IRDAI urges insurers to tackle mis-selling with better controls and root cause analysis.
Gold, silver jump as Venezuela tensions add to geopolitical risk
Business | Updated: Jan 05, 2026
- Gold rose 2.3% to above $4,430 an ounce amid heightened geopolitical risks
- Silver gained nearly 5%, outperforming gold as investors seek safe havens
- US capture of Maduro and Venezuela uncertainty fueled market volatility