Gita Gopinath: Pollution Hurts India More Than Tariffs
Former IMF official Gita Gopinath warns India's air pollution causes greater economic damage than tariffs, urging urgent action at Davos panel.
Category : Business
CREDAI-MCHI Empowers Next-Gen Real Estate Leaders with Legacy Event
CREDAI-MCHI organized 'The Bold Builders of Legacy Dreams' event to empower next-generation real estate leaders with insights on innovation and sustainability in Mumbai.
Sensex Dives Below 82,000 Amid Widespread Market Sell-Off
Indian stock markets experienced a significant downturn, with the Sensex falling nearly 1% to slip below the 82,000 mark amid widespread selling pressure across sectors.
Forex Reserves Hit $700 Billion After $14 Billion Jump
India's foreign exchange reserves have increased by USD 14 billion, reaching a total of USD 700 billion, as per the latest RBI data. This rise comes after reserves peaked at USD 704.89 billion in September 2024, with recent pressures due to currency inter
IndusInd Bank Swings to Q3 Profit After Q2 Loss
IndusInd Bank reported a net profit of Rs 128 crore for Q3 FY26, reversing a Rs 437 crore loss in Q2. The bank announced leadership changes and continues its balance-sheet restructuring amid year-on-year earnings pressure.
Urban Company Q3 Loss Continues as InstaHelp Investments Rise
Urban Company Ltd reports ₹382.68 crore revenue with 32.91% YoY growth but posts ₹21.16 crore net loss due to heavy investments in InstaHelp vertical. Company expects continued losses as it builds market leadership in quick services.
India Cuts US Treasury Holdings to 5-Year Low
India's US Treasury holdings plummet 26% to $174B, hitting a 5-year low as RBI diversifies forex reserves away from dollar assets amid rupee volatility and geopolitical risks.
Shriram Finance Q3 Profit Jumps 21%, Beats Estimates
Shriram Finance reported a 21.25% rise in Q3 profit to ₹25.22 billion, exceeding analyst expectations. Growth was driven by robust lending in commercial vehicles, passenger vehicles, and SME segments.
DBS: Don't Cut Equity, Diversify Amid Geopolitical Risks
Joanne Goh of DBS Bank advises against broad equity reduction despite geopolitical risks. Instead, diversify with private equity, gold, and hedge funds. She highlights opportunities in India's infrastructure, banking, and selective IT sectors.
India's Forex Reserves Jump $14.17 Billion to $701.36 Billion
India's foreign exchange reserves rebounded sharply, rising by $14.167 billion to $701.36 billion in the week ended January 16, according to latest RBI data.
Gold, Silver Futures Scale Record Highs on Safe-Haven Demand
Gold and silver futures surged to fresh lifetime highs on MCX and global markets, driven by safe-haven demand, a weaker US dollar, and expectations of Fed rate cuts. Prices rose across major Indian cities.
Delhi's Job Growth 2026: AI, Compliance & Wedding Planners Rise
LinkedIn's Jobs on the Rise 2026 report reveals Delhi's evolving employment landscape. AI engineers, regulatory analysts, and wedding planners lead growth, showing a balanced mix of tech innovation and essential services shaping the capital's workforce.
Small-Cap Rout: Investors Lose ₹5.6 Lakh Crore in Jan
The BSE Smallcap index has plunged 9% in January, double the Sensex's decline. Over 500 small-cap stocks have fallen 10% or more, eroding ₹5.6 lakh crore in investor wealth amid global and domestic headwinds.
Ericsson to Continue Layoffs Amid 5G Market Challenges
Swedish telecom giant Ericsson plans further job cuts as part of cost restructuring, with CEO Borje Ekholm citing 5,000 reductions already made. The company faces ongoing 5G demand challenges.
Nissan Sells South Africa Plant to China's Chery Automobile
Nissan Motor will sell its Rosslyn manufacturing assets to Chery SA by mid-2026, ceasing Navara production. The deal reflects Nissan's global restructuring and Chery's African expansion strategy.
Real Estate Optimistic About Budget 2026: Key Expectations
Real estate leaders express optimism for Union Budget 2026, seeking tax rationalization for homebuyers, higher urban infrastructure allocations, and policy support for liquidity and capital formation.
Consumer Gets Full Refund for Defective Fridge After Fee Dispute
An Ahmedabad resident secured a complete refund of Rs 84,000 for a faulty Bosch refrigerator after the company demanded an inspection charge during warranty. CERC's intervention resolved the consumer grievance effectively.
Viceroy Properties Celebrates Versova with Coffee Table Book
Viceroy Properties has unveiled a coffee table book dedicated to Mumbai's iconic coastal neighbourhood of Versova, highlighting its rich cultural soul and heritage through photography and narratives.
Elitecon Appoints Veteran IAS & IRS Officers to Board
Elitecon International has strengthened its corporate governance by appointing veteran IAS and IRS officers as independent directors to its board, enhancing strategic oversight.
Bank Locker Gold Security: RBI Liability Cap Exposed
With gold prices soaring, bank locker rent may not secure your valuables. RBI limits bank liability to 100 times annual rent, leaving gold unprotected against theft, fire, or natural disasters. Experts recommend separate jewellery insurance.
India Joins WEF Initiative to Reskill 850 Million Globally
India has become part of the World Economic Forum's ambitious initiative aiming to reskill 850 million people worldwide through collaborative accelerators.
Coffee Farmers Seek Rs 1 Crore Compensation for Wildlife Deaths
Coffee farmers in India are demanding Rs 1 crore compensation for human deaths caused by wildlife conflicts, with the CFFI organizing mass campaigns and protests.
Dimon Warns AI Job Cuts Could Fuel Social Instability
JPMorgan Chase CEO Jamie Dimon cautions that rapid AI adoption without proper workforce planning could lead to mass layoffs, inequality, and social backlash. He emphasizes phased implementation and reskilling.
Sensex Slips Below 82K as Markets Tank Nearly 1% in Sell-Off
Indian stock markets witnessed a sharp decline of nearly 1% amid widespread selling pressure. The Sensex fell below the 82,000 mark, while the Nifty 50 dropped over 240 points to settle at 25,048.65.
FedEx Cuts 500 Jobs in France, Invests €78M in Restructuring
FedEx announces major restructuring of French domestic operations, cutting up to 500 jobs while investing €78 million. The logistics giant will consolidate stations and create 770 new roles.
Kia Sonet Hits 5 Lakh Sales: Success Story Decoded
Kia Sonet has crossed 5 lakh sales in India since its 2020 launch. Discover how design, features, powertrain options, and consistent updates made it a compact SUV leader.
Air India to Pay Rs 1.5 Lakh for Poor In-Flight Services
Delhi consumer commission directs Air India to compensate father-daughter duo Rs 1.5 lakh for broken seats, foul odour on Delhi-New York flight, citing DGCA rules on mandatory services.
Mumbai's Rs 848-Crore Cable-Stayed Flyover Work Begins
BMC initiates preliminary work on a new 892-meter cable-stayed flyover in South Mumbai connecting JJ Flyover with upcoming Y Bridge in Byculla to ease traffic congestion.
Hyundai Union Warns Against Robots, Fears Job Losses
Hyundai Motor's South Korean labor union warns against deploying humanoid robots without approval, fearing employment shocks. The union also criticizes US expansion plans.
Ratle Hydro Project Green Nod Extended to 2030 by Panel
An environment ministry panel has affirmed the validity of the environmental clearance for the 850 MW Ratle hydroelectric project until December 2030, citing litigation delays and COVID-19 impacts.
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