Bank Strike, Patna Drugs, Security Updates
Major developments across India: nationwide bank strike disrupts services, Patna police seize drugs, revised security for leaders, and other key civic and political updates.
Category : Banking
Silver Hits Record Rs 3.83 Lakh/kg, Gold at Fresh High
Silver futures surge to unprecedented Rs 3.83 lakh per kilogram, while gold reaches new peak of Rs 1.62 lakh per 10 grams. Silver gains 17.05% in three sessions amid strong market momentum.
Axis Bank ATM Fraud: ₹1.38 Crore Diverted in Bengaluru
Bengaluru police register two FIRs against Hitachi Payment Services employees for allegedly diverting ₹1.38 crore from Axis Bank ATM deposits over 2024-2025. Investigation ongoing.
Gold, Silver Prices Scale Lifetime Highs on MCX
Gold and silver prices surged to record levels on MCX, with gold up 3% and silver nearing Rs 4 lakh mark, driven by safe-haven demand ahead of Fed policy announcement.
Hannah Joseph Hospital IPO Allotment Date Set
Hannah Joseph Hospital's SME IPO allotment finalized on January 28, 2026, with shares set to debut on BSE SME. Investors can check status online via BSE or Bigshare Services.
Kanishk Aluminium India IPO: ₹29.2 Cr Fresh Issue Opens
Kanishk Aluminium India's SME IPO opened for subscription on Jan 28, offering 40 lakh shares at ₹73 each. Proceeds to fund debt repayment, branding, and corporate needs.
Reliance, ONGC Shares Jump 8% on Resource Sharing Deal
ONGC and Reliance Industries shares surged up to 8% after announcing a resource-sharing agreement for deepwater exploration in Krishna Godavari basin and Andaman region, boosting cost optimization.
Share India Stock Rises on Robust Q3 Results, Dividend
Share India Securities share price climbed over 2% to ₹144.10 after reporting 8% YoY profit growth and declaring dividend. Company shows strong NIMs and expanding client base.
Accretion Nutraveda IPO Subscribed 0.01 Times on Day 1
Accretion Nutraveda's IPO opened today with tepid investor interest, subscribed only 0.01 times by noon. The company aims to raise ₹24.77 crore for working capital and corporate purposes.
Copper: The Next Gold? Investors Eye Alternative Metals
As gold and silver prices surge over 95% and 200% respectively, investors seek alternatives. Copper gains traction with 50% price rise, driven by tariffs, supply constraints, and global electrification demand.
Asian Paints Stock Dives 6.6% After Q3 Results
Asian Paints shares fell sharply after Q3 results showed profit decline. Analysts express caution amid demand concerns and competition, though some see recovery signs.
Rupee Gains 11 Paise to 91.57 vs US Dollar in Early Trade
The Indian rupee appreciated by 11 paise to 91.57 against the US dollar in early trade on Wednesday, supported by a softer US dollar index and positive trade developments with Europe.
Sensex Jumps 646 Points on India-EU FTA Hopes
The BSE Sensex surged 646.49 points to 82,503.97, and the NSE Nifty gained 196.7 points to 25,372.10 in early trade, driven by optimism over the India-EU Free Trade Agreement.
BEL Q3 Results 2026: Strong Growth Expected
Bharat Electronics (BEL) is set to announce its Q3 FY26 results on January 28, 2026, with brokerages forecasting mid-to-high-teen revenue growth driven by a strong order backlog of ~₹74,000 crore.
Gurgaon Bank Strike: 20K Staff Demand 5-Day Week
Banking operations in Gurgaon halted as 20,000 employees from public, private, and cooperative banks joined a nationwide strike demanding a five-day work week, disrupting financial transactions across the city.
SC Rejects Jio Plea, Allows CCI Telecom Probe
The Supreme Court has dismissed Jio's petition challenging a CCI investigation into alleged anti-competitive practices in India's telecom sector, allowing the probe to proceed.
Mahindra Logistics Jumps 13% After Q3 Results: Buy, Sell or Hold?
Mahindra Logistics share price surged over 13% after Q3 results showed a net profit of ₹3.25 crore versus last year's loss. Revenue grew 19.1% to ₹1,898 crore with EBITDA up 39.5%.
PC Jeweller Q3 Profit Jumps 28%, Shares in Focus
PC Jeweller reports a 28% rise in Q3 profit driven by higher revenue, boosting investor interest in its shares. Check key financial details and market impact.
Silver Hits Record ₹3.77 Lakh - Should You Invest Now?
Silver prices surged 6% to an unprecedented ₹3,77,655 per kg as the US dollar weakened. Gold also broke the $5,200 barrier. Investors await the Federal Reserve's decision amid geopolitical tensions.
Gold Rates Jump 2% to Breach ₹1.6 Lakh per 10 Gram on MCX
Gold prices in India have surged by 2% to cross ₹1.6 lakh per 10 gram on MCX. Experts analyze whether this is the right time to buy gold amid geopolitical tensions and US Fed policy uncertainty.
Budget 2026: Financial Services to Power India's Growth Engine
As India approaches Budget 2026, the financial services sector emerges as a critical growth catalyst. With GDP projected at 7.4% in FY26, strategic reforms in taxation, regulation, and GIFT City development could position India as a global financial hub.
SBI Seeks Tax Relief on Deposits, Insurance, Pension in Budget 2026
State Bank of India has submitted key recommendations for Budget 2026, advocating for tax relief on bank deposits and reforms in insurance and pension sectors to boost savings.
Bank Strike Hits MP: ₹3,500 Crore Business Affected
A nationwide bank strike called by UFBU disrupted operations across Madhya Pradesh, affecting over 7,000 branches and impacting business worth ₹3,500 crore. Key demands include a five-day working week for public sector banks.
3 Mid Cap Stocks to Watch After Market Correction
As Nifty Midcap 100 declines 4.27%, three stocks with low valuations and strong growth strategies emerge. KRBL, Akums Drugs, and Shakti Pumps analyzed for potential recovery.
Insurance Network for Rural India Launched in Pune
OneCircle Insurance Brokers establishes a network of certified sales personnel to offer doorstep insurance services in smaller cities and rural areas, starting with vehicle insurance renewals in Pune.
Lucknow Bank Strike Disrupts Rs 2,500 Crore Transactions
A nationwide bank strike demanding a five-day banking week caused major disruption in Lucknow, affecting transactions worth Rs 2,500 crore and halting operations at 905 public sector bank branches.
Gold's Rally: What's Driving Record Prices?
Gold prices have surged over 17% this year, hitting above $5,000 per ounce for the first time. Explore the factors behind this relentless rally, from geopolitical tensions to new investor interest.
PFRDA's NPS Swasthya Scheme Covers Medical Costs
PFRDA introduces NPS Swasthya Pension Scheme, allowing subscribers to use pension savings for outpatient and in-patient medical expenses through a voluntary contributory framework.
Bond Yields Soar to 11-Month High in Mumbai, RBI Acts
Government bond yields in Mumbai surged to an almost 11-month peak due to state borrowing and tight liquidity, prompting RBI to accelerate bond repurchases and introduce liquidity measures.
SBI Mutual Fund IPO: $1.2-1.4B Filing by Feb, April Listing
SBI Funds Management, India's largest asset manager, plans to file draft IPO papers by mid-February for a $1.2-1.4 billion offering, targeting an April listing. SBI and Amundi will divest shares to meet regulatory requirements.
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