Warren Buffett’s last day at Berkshire: Oracle of Omaha exits as Buffett Indicator hits record high
Business | Updated: Dec 31, 2025
- Warren Buffett retires as Berkshire Hathaway CEO after nearly six decades
- Greg Abel to succeed Buffett; Buffett remains invested and involved
- Buffett Indicator hits record high, signaling caution for US market valuations
Banks’ treasury income seen flat in Q3 as bond yield rise may be offset by OMO gains
Business | Updated: Jan 08, 2026
- Banks' Q3 treasury income likely flat as bond yield rise offsets RBI OMO gains
- PSU banks cushioned losses via OMO sales; AFS books face valuation pressure
- Coupon inflows and strategic portfolio shifts aided some banks' treasury income
Anthropic plans new fundraise at $350 billion valuation, sources say
Business | Updated: Jan 08, 2026
- Anthropic plans to raise $10 billion, valuing it at $350 billion.
- Valuation nearly doubles from $183 billion in September.
- GIC and Coatue Management expected to lead the funding round.
Buoyed by safeguard duty, leading steelmakers increase flat steel prices
Business | Updated: Jan 08, 2026
- Major steelmakers hiked flat steel prices by 1.5-2 percent per tonne this week
- Price hikes follow new three-stage safeguard duty on imported flat steels
- HRC prices in Mumbai now Rs 50,250-51,250 per tonne; CRC at Rs 56,700-58,500
Small, midcap stocks fall up to 11% amid broad-based selling: Hind Copper, HPCL among top losers
Business | Updated: Jan 08, 2026
- Smallcap and midcap stocks dropped sharply on January 8 amid market selloff.
- Nifty Smallcap 100 dropped 1.6 percent; Nifty Midcap 100 fell 1.5 percent
- FII selling and tariff concerns impacted market sentiment
Why your health insurer cuts your hospital bill, even when you have enough cover
Business | Updated: Jan 08, 2026
- Room rent limits and sub-limits can sharply reduce health insurance payouts
- Upgrading rooms or treatments beyond limits results in high out-of-pocket expenses.
- Verify room rent caps and sub-limits before buying or renewing health insurance.
Explained: What Trump’s approval of bill imposing 500% tariffs means for India, China
Business | Updated: Jan 08, 2026
- Trump okays bill to impose up to 500% tariffs on nations buying Russian oil
- India's Russian oil imports may drop further amid US tariff threats
- Bill could strain US-India ties and impact China, Brazil, and other buyers
UP real estate investment surges 54% to Rs 68,328 crore, registrations at record high in 2025
Business | Updated: Jan 08, 2026
- UP real estate investment surged 54% to Rs 68,328 crore in 2025
- Noida led with 69 projects and Rs 37,161 crore investment, followed by Ghaziabad
- Religious tourism boosted demand in Ayodhya, Mathura, Varanasi, and Prayagraj
LG Electronics shares fall 4% after 3-month lock-in expiry, down 18% since listing: What lies ahead
Business | Updated: Jan 08, 2026
- LG Electronics shares fell over 4% after three-month lock-in period ended
- Around 1.52 crore shares, worth Rs 2,214 crore, became eligible for trading
- Analysts see long-term potential despite near-term volatility and profit decline
Tata's Nelco bets on quick LEO revenue, open to tie ups with Starlink, Amazon
Business | Updated: Jan 08, 2026
- Nelco seeks satellite internet partnerships with Starlink, Amazon Kuiper, and others.
- Awaiting regulatory approvals for LEO satellite services rollout in India
- LEO satellites to enhance connectivity in remote areas and low-latency industries
MC Markets Poll: Market divided on government’s ability to meet fiscal deficit target in the upcoming budget; majority see capex growth over 8%
Business | Updated: Jan 08, 2026
- Most expect FY27 capex growth at 8-10 percent, with focus on rural spending.
- Analysts are split on whether the fiscal deficit target of 4.4% will be met.
- Budget likely to favor targeted support over broad-based stimulus measures.
Convert Union Bank Reward Points to Maharaja Points: Get free flights, upgrades, and more
Business | Updated: Jan 08, 2026
- Union Bank credit cardholders can convert rewards to Air India Maharaja Points
- Maharaja Points can be redeemed for flights, upgrades, and travel benefits
- Conversion ratio is 6 Union Points for 1 Maharaja Point, varies by card type
Your EMI is not random: what really decides how much you repay every month
Business | Updated: Jan 08, 2026
- Loan amount, interest rate, and tenure all impact your personal loan EMI.
- A higher credit score can help secure lower EMIs and better loan terms.
- Comparing lenders and offers can save money and ease repayment.
IDFC First Bank revises savings account interest rates up to 6.5% from January 9
Business | Updated: Jan 08, 2026
- IDFC First Bank revises savings account interest rates effective January 9, 2026
- Rates up to 6.5% for balances between Rs 10 lakh and Rs 10 crore
- Interest is calculated daily and credited monthly as per RBI guidelines
TCS Q3 earnings: Growth, AI investments among 5 factors to watch out for
Business | Updated: Jan 08, 2026
- TCS to kick off Q2 IT earnings season on January 12 with muted revenue growth
- AI revenue hits $1.5 billion, 5% of FY26 revenue, with major investments planned
- TCS cuts 2% jobs, shifts to AI talent and local hiring
TCS, TechM, other IT shares fall up to 3% ahead of Q3 results; brokerages expect another tepid quarter
Business | Updated: Jan 08, 2026
- Major IT stocks fell up to 3 percent ahead of December quarter earnings season
- Nifty IT index dropped 12.6 percent in 2025, worst among Indian market sectors
- Brokerages expect muted Q3 results due to weak US demand and holiday shutdowns
500% US tariff on India? Gokaldas Exports, Avanti Feeds, other export-oriented shares tumble up to 13%
Business | Updated: Jan 08, 2026
- Textile and shrimp stocks dropped after Trump supported a 500% US tariff bill.
- Bill targets countries buying Russian oil, including India, China, Brazil
- Gokaldas Exports, Avanti Feeds shares plunge due to US market exposure.
For space tech startups, e-commerce imports still come with a heavy tax bill
Business | Updated: Jan 08, 2026
- Space tech firms can't get import duty exemptions through global e-commerce platforms.
- Procedural changes needed to extend duty exemptions to online procurement
- Startups face higher costs, slower prototyping without e-commerce exemptions
MC Markets Poll: Most investors see valuations as reasonable; half expect IPOs to weigh on returns
Business | Updated: Jan 08, 2026
- Nifty expected to trade in 28,000–30,000 range by end of 2026, say experts
- 70% of experts find current valuations reasonable after recent corrections
- 51% believe heavy IPO supply could drag secondary market returns
IT moves beyond agentic AI as Wipro, Persistent bet on autonomous, quantum-led systems for 2026
Business | Updated: Jan 08, 2026
- Indian IT to adopt autonomous, production-grade AI workflows by 2026
- Firms gear up for quantum tech, emphasizing post-quantum cryptography and AI.
- Talent transformation and governance seen as key for successful AI adoption
Nalco, Hind Copper shares fall up to 5% to hit one-week low as global metal prices retreat
Business | Updated: Jan 08, 2026
- Metal stocks dropped sharply for 2nd day after a six-day rally due to profit booking and price falls.
- Nifty Metal index fell 3%, worst single-day drop since April 2025.
- Gold and silver prices declined; Tata Steel reported record crude steel output
MC Markets Poll 2026: Optimism anchored, returns realigned
Business | Updated: Jan 08, 2026
- Indian equities expected to see moderate returns and macro stability in 2026
- Most respondents see Nifty reaching 28,000-30,000, with 8-12% earnings growth
- IPO volumes likely to normalize, and metals may outperform equities in 2026
IDFC First Bank shares rise 3% from day's low as lender cuts savings account interest rates by up to 200 bps
Business | Updated: Jan 08, 2026
- IDFC First Bank lowers savings account rates by up to 2% from January 9
- Shares rose nearly 2 percent after the rate cut announcement
- Nomura gives Buy rating with Rs 105 target, citing strong growth prospects
Why merchants prefer UPI Autopay despite a lower success rate than cards
Business | Updated: Jan 08, 2026
- UPI Autopay's success rate fell from 50% to 30%, but transactions grew tenfold.
- Merchants favour UPI Autopay for its low cost, reach, and user adoption despite issues.
- UPI Autopay now exceeds 60% of recurring payments, overtaking card usage.
Should you use EPF money to repay your home loan?
Business | Updated: Jan 08, 2026
- EPF offers higher, tax-free returns than most home loan rates.
- Using EPF to repay a home loan may hurt long-term retirement savings.
- Withdraw EPF only for severe cash flow issues or nearing retirement.
MC Markets Poll: Indian equities likely to outperform global peers in 2026; FII flows may stabilise after extended sell-off
Business | Updated: Jan 08, 2026
- 57% of experts predict Indian equities will outperform globally by 2026.
- FIIs likely to remain net sellers, but earnings growth may reverse flows
- US Fed rate cuts and stable rupee boost Indian equities' appeal
Local body, health infra grants lag under 15th Finance Commission over compliance issues
Business | Updated: Jan 08, 2026
- 40% of 15th FC local body grants unreleased due to compliance issues
- Delays due to elections, property-tax reforms, and PRI capacity issues
- Health grants face hurdles as PRIs lack technical and administrative capacity
Torrent Pharma lines up mega $1.4 billion acquisition-funding bond sale: Report
Business | Updated: Jan 08, 2026
- Torrent Pharma to raise Rs 12,500 crore via bonds for JB Chemicals buyout
- Bonds maturing in 1-5 years rated AA+ by India Ratings
- Deal will move Torrent Pharma to fifth place in domestic market share rankings
Samir Arora-backed Helios dumps IndiGo, books gains in Urban Company; scales up PhysicsWallah and new-age bets
Business | Updated: Jan 08, 2026
- Helios Mutual Fund exited IndiGo and Urban Company in December 2025.
- Fund increased exposure to PhysicsWallah and other new-age listed firms.
- Most cash deployed; top holdings: HDFC Bank, Reliance Industries.
Sensex falls 700 pts, Nifty below 25,900: US tariff concerns among key factors behind market decline
Business | Updated: Jan 08, 2026
- Sensex and Nifty fell for the fourth straight session amid high volatility
- FII selling, weak global cues, and rising crude prices weighed on markets
- US-India trade deal uncertainty and tariff concerns added to market pressure