LT Tech Q3 Revenue Up 4.6% to $326 Million
LT Technology Services reports a 4.6% rise in Q3 revenue to $326 million, driven by strong demand in key sectors. The company's performance exceeds market forecasts.
Category : Business
India's Trade Deficit Hits $25 Billion in December
India's trade deficit expanded to $25 billion in December as imports jumped 9% to $63.6 billion, outpacing a modest export rise. Electronics, fertiliser, and silver drove imports, while exports saw growth in sectors like apparel and engineering.
RBI Approves SMBC's India Subsidiary Conversion
The Reserve Bank of India has given in-principle approval to Japan's Sumitomo Mitsui Banking Corporation to convert its Indian branches into a wholly owned subsidiary.
Q3 Results Today: Reliance, Wipro, Tata Tech Among Key Firms
Over 30 companies, including Reliance Industries and Wipro, will announce their Q3 FY26 results today. Analysts watch for GST impact and global uncertainty effects on earnings.
India's Final Warning to Apple in Antitrust Case
India's competition watchdog has issued a final warning to Apple, threatening to proceed with an antitrust case after the company delayed responses for over a year. The case involves alleged abuse of position on the iOS app store.
RBI Proposes 9% Capital Charge on Forex, Gold from 2027
RBI draft regulations mandate banks to maintain 9% capital on net open positions in foreign exchange and gold starting April 2027, aiming to curb market volatility risks.
MP's Popcorn Plan for Cows to Boost Dairy Farming
Madhya Pradesh introduces a unique popcorn-based feed for cows to enhance milk production and support farmers, aiming to boost the state's dairy economy sustainably.
Human Costs in Management: From Delivery Deadlines to Iran
Examining how management principles apply to real-world scenarios like 10-minute deliveries and Iran tensions, emphasizing the need to minimize human costs in decision-making.
Mercedes to Make GLS Maybach in India, Price Drops Rs 40 Lakh
Mercedes-Benz announces local production of GLS Maybach in Pune, reducing price by Rs 40 lakh to Rs 2.75 crore. India becomes only country outside US to manufacture this luxury model.
Sebi Urges Better IPO Disclosures, NSE Settlement Advances
Sebi Chairman Tuhin Kanta Pandey calls for enhanced disclosures in IPO documents, highlighting gaps in risk factors and valuations. He also confirms progress in NSE's settlement case.
Market Closure for Civic Polls Sparks Investor Debate
The closure of stock markets for civic elections in Maharashtra cities like Mumbai and Nagpur has ignited a heated debate among investors and market experts, with opinions sharply divided.
SC: Tiger Global's Flipkart sale to Walmart taxable in India
The Supreme Court has ruled that Tiger Global's $1.6 billion stake sale in Flipkart to Walmart is subject to Indian taxes, setting a major precedent for investors using tax treaties.
UP Hikes Development Charges for Housing Plots by 50-90%
Applicants in Uttar Pradesh must now pay higher development charges before starting construction. The fees increased by 50-90% in cities like Lucknow, Ghaziabad, and Varanasi.
Gold, Silver Prices Drop Globally; Domestic Rates at Record Highs
Gold and silver prices declined in international markets due to a stronger US dollar and reduced safe-haven demand. Meanwhile, domestic rates in India reached new record highs in the previous session.
Bajaj Broking's January 2026 Stock Picks: RBL Bank, UPL
Bajaj Broking Research recommends RBL Bank and UPL as top stock picks for January 16, 2026. The report also provides insights on Nifty and Bank Nifty performance amid global uncertainties.
India's Fiscal Federalism Faces Challenges: Experts
Former CEA Arvind Subramanian and academic Devesh Kapur highlight growing tensions in India's federal system due to fiscal transfers and regional imbalances.
Noida Wish Town Homebuyers Hit by FIR Against Suraksha Realty
Delhi Police files FIR against Suraksha Realty and Lakshdeep Investments for alleged fund diversion in Jaypee Infratech projects, affecting 17,000 homebuyers in Noida's Wish Town.
India-EU Trade Deal Nears Completion, US Talks Continue
Commerce Secretary Rajesh Agrawal announces India and the European Union are close to finalizing a trade agreement, with 20 out of 24 chapters closed. The deal may be announced at the India-EU Summit on January 27, while US trade negotiations continue.
Indian Stock Market Mixed Opening, Key Stocks to Watch
Indian equity markets are likely to open on a mixed note on Friday, tracking global cues and corporate earnings. Key stocks like Reliance, Infosys, and Biocon are in focus today.
Bank Holiday Today: Tamil Nadu, Andhra Pradesh Affected
Banks remain closed in Tamil Nadu and Andhra Pradesh on January 16 for Thiruvalluvar Day and Kanuma. Multiple states observe holidays this week for harvest festivals.
Sensex, Nifty to Open Higher on Friday
Indian stock market benchmarks Sensex and Nifty 50 are poised for a positive start on Friday, with Gift Nifty indicating a premium. Analysts remain cautious despite the upbeat opening.
Michael Dell: Why Saying No Is Harder Than Yes
Michael Dell shares a crucial insight about decision-making. Learn why focusing on what not to do is often more challenging than choosing what to do in business and life.
Noida's Bhangel Market Slip Road to Reopen in a Week
The slip road on DSC Road providing direct access to Bhangel market from NSEZ side will reopen within seven days after widening and safety upgrades, ending a long detour for thousands.
Sensex, Nifty Eye Higher Start as Global Markets Offer Mixed Signals
Indian stock markets are poised for a positive opening on Friday, with Gift Nifty indicating gains. Global cues are mixed, with US markets rising but Asian markets showing divergence. Investors await earnings reports and Budget developments.
Trump Tariff Threat Hits India's Basmati Exports to Iran
India's basmati rice exports to Iran face uncertainty as Trump's proposed 25% tariff on countries trading with Iran creates payment risks. Iran is India's third-largest basmati market, worth $753 million in 2024-25.
China's Solar Subsidy Cuts to Benefit Indian Firms
China's decision to phase out export rebates on photovoltaic products and batteries by 2027 could significantly boost Indian solar manufacturers like Waaree and Premier Energies. This move may level the playing field in global markets.
Stock Market Falls on Global Worries; Silver, Gold Rates Drop
Indian shares closed slightly lower on Wednesday as global tensions and economic concerns dampened investor sentiment. Silver and gold prices also faced pressure in international markets.
Philly Fed's Paulson Supports Powell, Sees Rate Cuts Later
Philadelphia Fed President Anna Paulson expresses strong support for Chair Jerome Powell amid investigation, suggests holding rates steady now but favors modest cuts later in 2026 if inflation eases.
US Imposes 25% Tariff on AI Chips as 'Phase One' Action
The White House announced a 25% tariff on select AI semiconductors, labeling it a 'phase one' step to safeguard the sector, with potential further actions pending negotiations.
Taiwan's $250B US Deal Cuts Tariffs for Chipmakers
Taiwan pledges $250 billion investment in US semiconductor production, led by TSMC's Arizona expansion, in exchange for reduced tariffs on Taiwanese goods.
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