Sensex Slumps 770 Points, Nifty Below 25,050
Indian stock markets witnessed a sharp decline as the BSE Sensex plummeted by 770 points and the Nifty 50 fell below the 25,050 mark, driven by global cues and domestic concerns.
Category : Business
Silver Hits $100/Oz, Gold Nears $5,000 in Historic Rally
Silver prices surged past $100 per ounce for the first time ever on Comex, while gold approached $5,000/Oz. Domestic MCX futures hit record highs amid geopolitical tensions and strong industrial demand.
Chilli Prices Surge in Andhra Pradesh, Impacting Farmers and Traders
Chilli prices have surged sharply in Andhra Pradesh's markets, offering relief to farmers but raising concerns among traders and consumers. Strong export demand and limited arrivals have driven prices to multi-year highs at Guntur Mirchi Yard.
First Citizens BancShares Slides on Downbeat Interest Income Outlook
First Citizens BancShares shares fell over 9% after projecting 2026 net interest income below Wall Street expectations, citing Federal Reserve rate cuts as key pressure on regional bank margins.
Trichy: Unions, Farmers Plan Feb 12 Strike Against Govt Policies
Central trade unions and farmers' groups held a state-level conference in Trichy, passing six resolutions against government policies they call anti-worker and anti-farmer, and mobilizing for a nationwide strike on February 12.
Delhi's Narela to Get World-Class Sports Complex
Delhi Development Authority (DDA) will soon begin work on a world-class multi-sports complex in Narela, featuring Olympic-standard facilities, a hospital, and a hotel, with completion expected in three years.
IndiGo May Withdraw Dubai-Bhubaneswar Flight, Odisha Tourism Concerned
Hotel and Restaurant Association of Odisha urges CM Mohan Charan Majhi to intervene as IndiGo considers withdrawing Dubai-Bhubaneswar flight, threatening tourism growth in the state.
Indian Seafarers Most Abandoned Globally for 3rd Year
Indian seafarers remain the most abandoned worldwide in 2025, with 1,125 cases marking a 25% increase from 2024. Global abandonment hits record highs, highlighting systemic issues in maritime labor.
Punjab Secures Rs 1,003 Crore Steel Investment
Punjab's industries minister announces a major greenfield investment by AISRM Multimetals to establish a state-of-the-art steel manufacturing facility in Ludhiana district, creating over 920 jobs.
Gaya Chamber Seeks Direct Trains to Mumbai, Bengaluru & ROBs
Central Bihar Chamber of Commerce urges East Central Railway to introduce direct trains from Gaya to Mumbai and Bengaluru, citing rising passenger demand. Also demands speeding up road overbridge construction on key routes.
Udupi Fruit & Flower Show Honors Padma Shri Thimmakka
Udupi's district-level fruit and flower show, themed on Padma Shri Saalumarada Thimmakka's life, runs Jan 26-28 at Shivalli Horticulture Farm. Features 7,000 plants, technical sessions, and displays.
Punjab Rainfall Boosts Wheat, Farmers Told to Stop Irrigation
Light to moderate rainfall across Punjab provides crucial moisture for rabi wheat crop. Agricultural experts advise farmers to halt irrigation and monitor for pests as more showers are forecast.
Bihar's 7 National Waterways to Become Major Transport Hub
Bihar government announces development of seven national waterways including Ganga to boost trade, reduce transport costs by 30-40%, and create employment through new training institutes.
Gaya Village Mourns Six in Chhattisgarh Kiln Blast
Tragedy strikes Gotibandh village in Gaya as six migrant workers die in a sponge-iron plant explosion in Chhattisgarh. Families left devastated, with Union Minister promising compensation and investigation.
India's Semiconductor Production to Start in 2026
Union Minister Ashwini Vaishnaw announces India is on track to begin commercial semiconductor chip production by 2026, marking a major milestone in the nation's tech self-reliance journey under the India Semiconductor Mission.
Power Ministry Concludes Strategic 'Chintan Shivir'
The Ministry of Power successfully concluded a two-day 'Chintan Shivir' focused on enhancing India's energy infrastructure and policy frameworks. Key discussions included renewable integration, grid stability, and sustainable power solutions for economic
Mercedes-Benz Expands in Bengaluru, Young Wealth Drives Demand
Mercedes-Benz is expanding its presence in Bengaluru, driven by rising demand from young, affluent professionals in India's tech hub, signaling strong luxury car market growth.
IndusInd Bank: CV & Microfinance Drive Recovery Strategy
IndusInd Bank's CEO Rajiv Anand outlines plan to regain growth through commercial vehicle and microfinance portfolios while addressing past accounting issues and leadership changes in Mumbai.
Shivamogga Landslide Disrupts NH 69, Underpass Delays Mount
A recurring landslide at the NH 69 underpass site near Shivamogga has caused major traffic chaos, highlighting 4 years of construction delays and safety concerns ahead of monsoon.
Mercedes-Benz Expands Network in India Amid Youth Demand
Mercedes-Benz India announces a significant network expansion plan, targeting 20 new outlets by 2025, driven by rising demand from young Indian professionals and entrepreneurs.
Four Trains Shift to Adityapur Station from Feb 5
South Eastern Railways announces four trains, including two express trains, will terminate at Adityapur railway station starting February 5 to reduce congestion at Tatanagar station, which is being developed as a model station.
Assam's Longest Flyover to Open by March
The 5-km Maharaja Prithu Flyover in Guwahati is in final construction stages, expected to open by March. It will enhance Ambari-Bamunimaidam connectivity.
Silver Hits $100/Oz, Gold Nears ₹1.6 Lakh in India Markets
Silver prices surged past $100 per ounce for the first time ever on Comex, while gold approached ₹1.6 lakh per 10gm in India. Analysts cite geopolitical tensions, weak dollar, and industrial demand as key drivers.
2026 Layoffs: Amazon, Ericsson, FedEx, Citigroup, BlackRock Cut Jobs
Major corporations including Amazon, Ericsson, FedEx, Citigroup, and BlackRock announce significant job cuts in early 2026, affecting thousands globally across tech, telecom, logistics, and finance sectors.
DLF Launches ₹2,000 Crore Senior Living Project in Gurugram
Real estate giant DLF Ltd announces entry into senior living housing with Gurugram project worth ₹2,000 crore. Company remains confident about meeting ₹20,000-22,000 crore pre-sales target despite Q3 slowdown.
PepsiCo India Names Savitha Balachandran as CFO
PepsiCo India has appointed Savitha Balachandran as its new Chief Financial Officer, bringing over two decades of experience to lead financial strategy for the beverage and snack giant's operations in the country.
Travel Sector's Budget 2026 Wishlist: Policy, Infrastructure, Spending
As Union Budget 2026 approaches, India's travel, tourism and hospitality sectors seek policy continuity, improved financing, infrastructure investment and measures to boost consumer spending to revive inbound tourism.
Gujarat Wins Investor Trust at Davos WEF Forum
Gujarat delegation led by Deputy CM Harsh Sanghavi held 58 meetings at Davos WEF, showcasing state's industrial strength, infrastructure, and future-ready policies to global investors.
Bank Unions Strike on Jan 27 for 5-Day Week Demand
Banking unions across India have called for a nationwide strike on January 27 to press for a five-day work week and other demands, potentially disrupting financial services.
India Energy Week 2024 Focuses on Security, Investment, Decarbonisation
The upcoming India Energy Week 2024 in Goa will spotlight energy security, investment opportunities, and decarbonisation pathways, with participation from global leaders and industry experts.
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