Month: January 2026

The daily average price of various crude grades (popularly known as Indian basket) dipped to $59.29 a barrel on January 5. T (AFP)
Posted in Business

India’s crude import cost slips below $60 a barrel| Business News

NEW DELHI: India’s average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical…

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SBI Funds IPO offered fees of about 0.01% of the issue size, which bankers called rock bottom, after some domestic advisers quoted only a token fee for the mandate. (Bloomberg)
Posted in Business

Just 0.01%? Citi, JPMorgan opt out of $1.4-billion SBI Funds IPO on low fees| Business News

Some of Wall Street’s biggest banks have opted out of advising on a planned $1.4 billion initial public offering of India’s SBI Funds Management Ltd….

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Posted in Economy

NITI Aayog calls for fiscal incentives to push development of affordable houses in India

NITI Aayog has proposed a comprehensive list of fiscal incentives for developers as well as buyers of affordable housing to fast-track their development and enhance…

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Posted in Economy

Budget’s rare chance: Leveraging the new oil beneath India’s feet

Budget 2026: The Indian economy stands at a moment of unusual strategic opportunity. Global trade and production networks are being reshaped by tariff wars, supply-chain…

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Posted in Economy

Budget 2026: India’s time for power move to cut reliance on China and others

India Budget: With the budget weeks away, India is doubling down on efforts to reduce dependence on imported energy, electronics and defence equipment, recasting supply…

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An intervention by the Reserve Bank of India (RBI) strengthened rupee past the 90/dollar mark on Wednesday, 7 January 2026. (Reuters)
Posted in Business

RBI seen resorting to heavy intervention again to support rupee against dollar| Business News

The Reserve Bank of India (RBI) has once again resorted to heavy intervention to strengthen the rupee past the 90/dollar mark after a dip at…

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Infosys CEO Salil Parekh. (Reuters)
Posted in Business

Infosys taps AWS for AI push as Indian IT firms pivot for Agentic AI era| Business News

Infosys Ltd. has expanded its strategic collaboration with Amazon Web Services (AWS), integrating its Topaz suite with Amazon’s Q Developer to accelerate generative AI adoption…

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Jindal Steel Chairman Naveen Jindal. An acquisition of Thyssenkrupp Steel Europe would mark a major expansion of Jindal Steel into Europe after buying smaller Czech peer Vitkovice Steel in 2024. (Mint)
Posted in Business

Thyssenkrupp is said to weigh sale of steel business to India’s Jindal Steel| Business News

Germany’s Thyssenkrupp AG could sell its steel division to India’s Jindal Steel International in a phased manner, four people familiar with the talks said, as…

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A Tanishq store in New Delhi. Titan's jewellery business, housed under its  Tanishq brand, accounts for 85% of its revenue. (Mint)
Posted in Business

Titan shares extend gains to ~5% after Q3 update shows 40% revenue growth| Business News

Shares of Titan Co. Ltd. rose to an all-time high after the Tanishq owner guided for 40% revenue growth in October-December 2025, on the back…

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Deutsche Bank’s ascent came as Indian firms scaled back sales of foreign debt. (Reuters)
Posted in Business

Deutsche Bank bags top slot in India dollar bond deals in 2025| Business News

Deutsche Bank AG clinched the top slot arranging dollar bonds for Indian borrowers for the first time since 2007, taking over from Standard Chartered Bank…

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