Cement cos feel GST-led price drop, Q3 profits may slip
INDIA BUSINESS | Wed, 14 Jan 2026, 12:11AM IST
Cement firms anticipate weaker earnings for the December 2025 quarter. Price moderation following a GST revision, subdued demand from the non-trade sector, and increased raw material costs are impacting profitability. Cement prices saw a decline across India, with southern and eastern regions experiencing the steepest drops.
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Q3 revenue per employee has improved 3.5% sequentially, says TCS CFO
INDIA BUSINESS | Wed, 14 Jan 2026, 12:00AM IST
TCS, for the first time, disclosed revenue from AI. Annualised AI revenue grew 17.3 per cent sequentially to $1.8 billion
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Gourmet Magazine Is Back, as Unsanctioned New Media
GLOBAL NEWS | Tue, 13 Jan 2026, 11:58PM IST
The defunct food publication is re-emerging as a newsletter, with new leadership and zero approval from its original owner.
Continue reading at The New York Times
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Bharat Coking Coal IPO booked 147 times, draws 1.2 trillion bids
INDIA MARKET | Tue, 13 Jan 2026, 11:51PM IST
The company's 1,071-crore IPO was entirely an offer-for-sale (OFS) by parent Coal India
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Regulation a challenge in digital era: RBI deputy governor Shirish Chandra Murmu
INDIA BUSINESS | Tue, 13 Jan 2026, 11:46PM IST
India's central bank warns that rapid digitalization is shrinking the window for regulators to address financial risks. Deputy Governor Shirish Chandra Murmu emphasized the need for proactive detection and agile interventions to maintain stability. He highlighted challenges including the speed of technological change, fragmented oversight, calibrating regulation, systemic risks from innovations, and cybersecurity concerns.
Continue reading at Economic Times
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India and US held talks on trade and critical minerals, says Jaishankar
INDIA MARKET | Tue, 13 Jan 2026, 11:26PM IST
The failure to reach an agreement had pushed the Indian rupee to a record low and spooked investors waiting for progress in two-way negotiations
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Ensure faster grievance redressal, claims settlement: FinMin to insurers
INDIA BUSINESS | Tue, 13 Jan 2026, 11:06PM IST
Financial Services Secretary M Nagaraju on Tuesday asked Public Sector Insurance Companies (PSICs) to ensure timely resolution of public grievances and to provide seamless, prompt claims processing, in order to provide efficient services to customers.
Chairing a meeting to review the financial performance of PSICs for FY25 and the first half of FY26, Nagaraju emphasized that PSICs should focus on increasing profitable business and devise strategies to reduce loss ratios, while maintaining market share and consistently strengthening their retail portfolios.
The meeting was attended by Life Insurance Corporation of India (LIC) CEO and MD R Doraiswamy, General Insurance Corporation of India (GIC) ED Hitesh Joshi, New India Assurance Co. Ltd (NIACL) CMD Girija Subramanian, National Insurance Co. Ltd (NICL) CMD Rajeshwari Singh Muni and United India Insurance Co Ltd (UIICL) CMD B S Rahul.
Besides, Oriental Insurance Co Ltd (OICL) CMD Sanjay Joshi and Agriculture Insurance Company of Indi
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums
GLOBAL NEWS | Tue, 13 Jan 2026, 11:04PM IST
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.
Continue reading at The New York Times
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Initial Obamacare Enrollment Drops by 1.4 Million
GLOBAL NEWS | Tue, 13 Jan 2026, 11:04PM IST
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.
Continue reading at The New York Times
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Samsung bullish on India outlook for 2026, bets on rising economy
INDIA BUSINESS | Tue, 13 Jan 2026, 10:55PM IST
According to the company's global 2026 roadmap, Samsung will increase its AI (Artificial Intelligence) play in segments such as washing machines, refrigerators, and other appliances, as well as in mobile phone devices above a certain price point, he said here on the sidelines of Consumer Electronics Show (CES) 2026.
Continue reading at Economic Times
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Bank of Maharashtra Q3 profit up 27%, declares 10% interim dividend
INDIA BUSINESS | Tue, 13 Jan 2026, 10:52PM IST
State-owned Bank of Maharashtra (BoM) on Tuesday posted 26.5 per cent rise in net profit to Rs 1,779 crore for the third quarter ended December 2025 with rising interest income.
The Pune-based lender had posted a net profit of Rs 1,406 crore in the October-December period a year ago.
Total income increased to Rs 8,277 crore during the quarter under review from Rs 7,112 crore in the same period previous year, BoM said in a regulatory filing.
The bank earned an interest income of Rs 7,344 crore during the quarter compared to Rs 6,325 crore a year ago.
Net Interest Income (NII) grew 16 per cent to Rs 3,422 crore in Q3FY26 as against Rs 2,943 crore in Q3FY25.
The board has approved an interim dividend of 10 per cent on the equity shares of the bank i.e., Rs 1 per share having face value of Rs 10 each for financial year 2025-26, BoM Managing Director and CEO Nidhu Saxena said during a media interaction.
The bank was able to reduce gross Non-Performing Assets (NPAs) to 1.60 per cent of
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Cybersecurity firm CloudSEK raises $10 million from Connecticut Innovations
INDIA BUSINESS | Tue, 13 Jan 2026, 10:40PM IST
CloudSEK co-founder and CEO, Rahul Sasi, said the investment not only amplifies the company's global trajectory but also symbolises the rise of Indian cybersecurity innovation on the world stage
Continue reading at The Hindu
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Coal India arm Bharat Coking Coal IPO subscribed 146.81 times on final day of bidding
INDIA BUSINESS | Tue, 13 Jan 2026, 10:37PM IST
The company's 1,071-crore IPO is the first mainboard issue of 2026
Continue reading at The Hindu
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Tata Elxsi Q3 net profit plunges 45% YoY to 108.89 crore
INDIA BUSINESS | Tue, 13 Jan 2026, 10:34PM IST
One-time labour code charge weighs on earnings
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'Shoot to kill': Accounts of brutal crackdown emerge amid Iran unrest
INDIA MARKET | Tue, 13 Jan 2026, 10:21PM IST
Eyewitnesses say government forces have begun opening fire, apparently with automatic weapons and at times seemingly indiscriminately, on unarmed protesters
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Netflix changing a lot, understood kind of content India wants: I&B Secretary Sanjay Jaju
INDIA BUSINESS | Tue, 13 Jan 2026, 10:14PM IST
Netflix is adapting to Indian audience tastes, emphasizing clean entertainment. This was evident at an event where eight short films showcasing Indian start-ups were unveiled. These films, a collaboration between the government and Netflix, highlight social impact innovations. The initiative also provided skilling opportunities to students, offering them hands-on experience in animation and voiceovers.
Continue reading at Economic Times
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CPI Report Shows Inflation Remained Steady at 2.7% in December
GLOBAL NEWS | Tue, 13 Jan 2026, 9:55PM IST
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
Continue reading at The New York Times
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Strong domestic growth will attract foreign investment: RBI Guv Malhotra
INDIA NEWS | Tue, 13 Jan 2026, 9:54PM IST
The six-member Reserve Bank of India's Monetary Policy Committee had revised its growth forecast for the current financial year to 7.3 per cent in December from 6.8 per cent in October
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Strong domestic growth will attract foreign investments: RBI Governor
INDIA NEWS | Tue, 13 Jan 2026, 9:54PM IST
The six-member Reserve Bank of India's Monetary Policy Committee had revised its growth forecast for the current financial year to 7.3 per cent in December from 6.8 per cent in October
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How the next AI boom may be powered from space
INDIA BUSINESS | Tue, 13 Jan 2026, 9:45PM IST
Artificial intelligence needs vast amounts of power. Earth's electricity systems may not be enough for AI's rapid growth. Experts suggest looking to space for solutions. Space-based solar power could provide constant, clean energy. This technology is being studied by space agencies. It could unlock new AI advancements without straining resources.
Continue reading at Economic Times
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Ensure timely resolution of public grievances, prompt claims processing: Finmin to insurers
INDIA BUSINESS | Tue, 13 Jan 2026, 9:37PM IST
Public Sector Insurance Companies are directed to enhance customer service and claims processing. Focus will be on profitable business growth and reducing loss ratios. New, innovative products will cater to younger generations and emerging risks. Digitalization is a key goal for retail product onboarding. Brand visibility will be boosted through increased communication and outreach.
Continue reading at Economic Times
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JPMorgan Chase shares dip after profits rise 9% in Q4 excluding hit from the Apple Card acquisition
INDIA MARKET | Tue, 13 Jan 2026, 9:32PM IST
JPMorgan Chase said Tuesday that its fourth-quarter profits rose 9% on an adjusted basis, as the bank continues to benefit broadly from a strong economy in both its consumer and investment banking divisions.
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Tier-2, Tier-3 cities drive 81% home loan growth, 64% of volumes: Report
INDIA BUSINESS | Tue, 13 Jan 2026, 9:28PM IST
First-time and mid-income buyers fuel home loan growth across smaller cities
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India to grow 7.2% in FY26: World Bank
INDIA NEWS | Tue, 13 Jan 2026, 9:25PM IST
The World Bank on Tuesday raised Indias growth forecast for FY26 to 7.2%, up from 6.3% projected in June 2025, citing strong domestic demand, including strong private consumption. The improvement is supported by tax reforms and rising real household incomes in rural areas, it said. Growth is estimated to moderate to 6.5% in FY27, assuming that the 50% tariffs by the United States remain in place throughout the forecast horizon, according to the World Banks latest Global Economic Prospects (GEP) report. In FY28, growth is set to edge up to 6.6%, supported by resilient services activity, a recovery in exports, and a pickup in investment. Despite higher tariffs on certain exports to the US, the growth outlook for FY27 remains unchanged from the June projection, as the negative impact of higher tariffs will be offset by stronger-than-anticipated domestic demand. Gross domestic product (GDP) growth projections for FY26 are slightly lower than 7.4% estimated by the National Statistical Office (NSO) on January 7. For South Asia, growth is expected to rise to 7.1% in 2025, driven by strong economic activity in India that offset the impact of rising trade tensions and heightened policy uncertainty. It is projected to slow to 6.2% in 2026, reflecting the impact of higher US tariffs on Indias exports, the report noted. Global growth is expected to moderate marginally to 2.6% in 2026 from 2.7% in 2025. The US economy is estimated to rise to 2.2% from 2.1%, while China's economic growth will slow to 4.4% from 4.9%. With each passing year, the global economy has become less capable of generating growth and seemingly more resilient to policy uncertainty, said Indermit Gill, the World Bank Groups chief economist and senior vice president for development economics. But economic dynamism and resilience cannot diverge for long without fracturing public finance and credit markets. Over the coming years, the world economy is set to grow slower than it did in the troubled 1990swhile carrying record levels of public and private debt, he added. The report flagged downside risks to the regional (South Asia) outlook, including increase in trade restrictions, global trade policy uncertainty, tighter financial conditions amid financial vulnerabilities, increased social unrest, and more frequent or severe climate-related disasters.At the same time, it highlighted potential upside risks such as progress in bilateral trade negotiations, faster technology-led investment growth, and gains from greater political stability after elections in several economies. To avert stagnation and joblessness, governments in emerging and advanced economies must aggressively liberalize private investment and trade, rein in public consumption, and invest in new technologies and education, said Gill.
Continue reading at Economic Times
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'Help is on its way': Trump's cryptic post to protesters raises Iran stakes
INDIA MARKET | Tue, 13 Jan 2026, 9:23PM IST
Despite about 2,000 already killed, Donald Trump urged Iranian protesters to continue demonstrations as unrest poses the most serious internal challenge to Iran's clerical leadership in years
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