Macron's Davos Sunglasses Spark iVision's Biggest Stock Rally
French President Emmanuel Macron's €775 sunglasses at Davos sparked a meme frenzy, leading to iVision Tech's record 28% stock surge and €3.5M market cap gain in two sessions.
Category : Business
Pollution's Economic Cost Higher Than Tariffs: Gita Gopinath
Harvard economist Gita Gopinath highlights that air pollution costs India up to $150 billion annually, surpassing trade tariffs, with 1.7 million deaths linked to pollution each year.
Juspay Becomes First Unicorn of 2025 with $50M Funding
Mumbai-based payments infrastructure startup Juspay raises $50 million from WestBridge Capital, achieving unicorn status at $1.2 billion valuation. The funding includes primary and secondary transactions.
Syngene Cuts Revenue Forecast to Negative 2-3% for FY26
Syngene International revises full-year revenue guidance from mid-single digit growth to negative 2-3% due to ongoing destocking of a key biologics product, impacting Q3 results with revenue decline.
IOC Buys 7M Barrels Crude Oil, Diversifies from Russia
Indian Oil Corporation purchases 7 million barrels of crude oil for March loading from Brazil, UAE, Angola, continuing India's shift away from Russian oil toward Middle East, Africa, and Latin America sources.
Small & Mid-Cap Selloff in Jan 2026: Triggers & Strategies
BSE Smallcap index falls 7%, Midcap down 4% in January 2026 amid valuation concerns. Experts advise selective investing as corrections continue.
Dubai Home Buyer Programme Helps 2,000+ Buy First Homes
Dubai's First-Time Home Buyer Programme has enabled over 2,000 residents to purchase homes in six months, generating AED3.25 billion in sales and supporting long-term community growth.
BPCL Q3 Profit Jumps 89%, Dividend Announced
Bharat Petroleum Corporation Limited reports stellar Q3 results with net profit surging 89% year-on-year to ₹7,188.4 crore. The Maharatna PSU also declares a second interim dividend of ₹10 per share for FY 2025-26.
India's Growth Risks & Budget 2026 Solutions
India's robust 6-7% GDP growth faces external challenges including rupee depreciation, US tariffs, and global uncertainty. Economists analyze risks and suggest Budget 2026 measures for resilience.
Intel Shares Plunge 13% After CEO's Disappointing Forecast
Intel Corp shares plummeted 13% in pre-market trading after CEO Lip-Bu Tan issued weak Q1 guidance, highlighting persistent manufacturing challenges and inventory depletion.
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.
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.
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