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INDIA MARKET | Mon, 26 Jan 2026, 6:11PM IST The EU and India had first launched negotiations for the free trade agreement in 2007, before the talks were suspended in 2013 due to a gap in ambition

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INDIA MARKET | Mon, 26 Jan 2026, 5:56PM IST In quantity terms, imports of both metals saw a decline

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INDIA BUSINESS | Mon, 26 Jan 2026, 5:49PM IST HPCL's capex spending includes 15% for gas projects, 8% for renewables, 4 per cent for biofuels, 3% for electric vehicle (EV) or alternate fuels and 6% for net zero projects

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INDIA BUSINESS | Mon, 26 Jan 2026, 5:48PM IST Banking services across India face disruption on Tuesday, January 27. Public sector banks will remain closed due to a nationwide strike. Employees are demanding a five-day work week. This follows a failed conciliation meeting. With banks already closed on Sunday and Republic Day, this strike will cause a three-day service halt. Digital services and ATMs may also see localized issues.

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INDIA NEWS | Mon, 26 Jan 2026, 5:48PM IST New Delhi: Banking operations of public sector banks across the country are likely to be impacted on Tuesday with the United Forum of Bank Unions (UFBU) deciding to go ahead with a nationwide strike on January 27 to press for the immediate implementation of a five-day work week. The strike call by the UFBU, an umbrella body of nine unions representing officers and employees, comes after a conciliation meeting on January 23 with the chief labour commissioner failed to yield a positive outcome. With banks remaining closed on January 25 (Sun) and January 26 (Republic Day), the strike on Tuesday will result in a disruption of branch-level services for three consecutive days. "Despite detailed discussions during the conciliation proceedings, there was no assurance on our demand. Hence, we have been compelled to proceed with the strike action," All India Bank Employees Association (AIBEA), a constituent of UFBU, General Secretary C H Venkatachalam told PTI. All India Bank Officers' Confederation (AIBOC) General Secretary Rupam Roy said the decision to declare all Saturdays as holidays was agreed between the Indian Banks' Association and UFBU during the wage revision settlement in March 2024. "It is unfortunate that the government is not responding to our genuine demand. There would be no loss of man-hours as we have agreed to work an extra 40 minutes daily from Monday to Friday," he said. According to another UFBU constituent National Confederation of Bank Employees (NCBE) General Secretary L Chandrasekhar said, "This movement is not against customers, but for a sustainable, humane, and efficient banking system. A rested banker serves the nation better. A balanced workforce strengthens financial stability. 5-Day banking is not a luxury; it is an economic and human necessity." Services such as cash deposits, withdrawals, cheque clearances, and administrative work are expected to be hit at branches of public sector banks (PSBs), including State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda. However, operations at major private sector lenders like HDFC Bank, ICICI Bank, and Axis Bank are expected to remain largely unaffected as their employees are not part of the unions that will be going on strike. Digital banking services, including UPI and internet banking, will continue to function, though ATM cash availability could face localised issues due to logistical delays. Several public sector lenders, including banking giant SBI have informed stock exchanges about the potential impact. "We advise that while the bank has made necessary arrangements to ensure normal functioning in its branches and offices on the day of strike, it is likely that work in the bank may be impacted by the strike," SBI said in a regulatory filing on Friday. The unions are demanding the declaration of all Saturdays as holidays, a key point that was reportedly agreed upon during the 12th Bipartite Settlement signed with the Indian Banks' Association (IBA) in March 2024 but is awaiting government notification.Currently, banks remain open on the first, third, and fifth Saturdays of every month.

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INDIA MARKET | Mon, 26 Jan 2026, 5:47PM IST New Delhi and Ottawa are preparing to formally launch CEPA trade negotiations, with a possible March visit by Canadian PM Mark Carney expected to yield deals on energy, AI, critical minerals

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INDIA MARKET | Mon, 26 Jan 2026, 5:46PM IST Industry executives say incentives continue to play a role in easing upfront cost concerns for price-sensitive buyers

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INDIA BUSINESS | Mon, 26 Jan 2026, 5:40PM IST Shriram Finance is set to revamp its strategy, focus on new vehicle financing and boost growth as Japan's MUFG completes a $4.4 billion investment

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INDIA BUSINESS | Mon, 26 Jan 2026, 5:38PM IST Global firms drove office space demand in India during 2025. They leased almost 60 percent of spaces in seven major cities. This expansion was fueled by skilled talent and affordable rentals. Global Capability Centres were a major focus. Bengaluru emerged as a top destination for foreign firms. Coworking operators also saw increased activity.

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INDIA NEWS | Mon, 26 Jan 2026, 5:38PM IST India and Russia are moving confidently to achieve a target of USD 100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday. "The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of USD 100 billion by 2030 is eminently possible," Ambassador Kumar said while talking to PTI on India's 77th Republic Day. "Steps are being taken, including identification of new items, and a free trade agreement will facilitate the achievement of this target," he added, noting that trade has increased with new opportunities in fertilisers, agriculture and engineering. According to reports, in FY 202425, India-Russia bilateral trade reached a record high of approximately USD 68.7 billion due to massive import of Russian crude. "More of the trade is being conducted already in the national currencies and this trend will continue as we further dee

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INDIA NEWS | Mon, 26 Jan 2026, 5:20PM IST Moscow: India and Russia are moving confidently to achieve a target of USD 100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday. "The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of USD 100 billion by 2030 is eminently possible," Ambassador Kumar said while talking to PTI on India's 77th Republic Day. "Steps are being taken, including identification of new items, and a free trade agreement will facilitate the achievement of this target," he added, noting that trade has increased with new opportunities in fertilisers, agriculture and engineering. According to reports, in FY 2024-25, India-Russia bilateral trade reached a record high of approximately USD 68.7 billion due to massive import of Russian crude. "More of the trade is being conducted already in the national currencies and this trend will continue as we further deepen trade and economic ties," the ambassador said. Earlier, addressing the Indian community which gathered in large numbers at the embassy compound on the 77th Republic Day, Ambassador Kumar underscored the "active and result-oriented" phase in the bilateral relations between New Delhi and Moscow. During Putin's visit to New Delhi last month, Prime Minister Narendra Modi exuded confidence that the USD 100 billion bilateral trade target between India and Russia will be achieved ahead of 2030.Speaking at the India-Russia Business Forum, along with Russian President Putin, Modi invited Russian businesses to 'come and Make In India...and partner with India'.

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INDIA MARKET | Mon, 26 Jan 2026, 5:01PM IST Global condemnation of Grok has escalated over recent weeks

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INDIA BUSINESS | Mon, 26 Jan 2026, 4:53PM IST Reduction in customs duty on imported cars under the India-EU free trade agreement could enable the growth of the luxury car segment in India, which currently remains minuscule, BMW Group India President and CEO Hardeep Singh Brar said on Monday. The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment. The India-EU Free Trade Agreement would be a historic milestone benefiting both sides by expanding trade and enabling deeper exchange of technology and innovation, Brar said in a statement. "From an automotive industry perspective, we hope the FTA will include balanced, win-win provisions that help stimulate demand in the luxury segment while strengthening supply chain integration which is especially important in the current geopolitical context," he added. If customs duties on completely built units are reduced, it would help expand the luxury car market in India, Brar stated. "While CBUs (completely built units) currently account for a

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INDIA MARKET | Mon, 26 Jan 2026, 4:45PM IST A BSNL VIP number is a mobile number featuring a unique or memorable digit pattern

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INDIA MARKET | Mon, 26 Jan 2026, 4:37PM IST A Commission spokesperson did not immediately respond when asked to confirm if an investigation had been opened

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INDIA MARKET | Mon, 26 Jan 2026, 4:35PM IST Asian Paints is poised for a steady December quarter performance, with volume growth expected to improve. While margins are set to expand due to lower raw material costs, revenue growth will be moderated by weak pricing and a challenging demand environment. The B2B segment is anticipated to provide support.

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GLOBAL NEWS | Mon, 26 Jan 2026, 4:34PM IST Regulators said the companys lack of controls had led to the widespread use of deepfakes created with the chatbot Grok.

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INDIA MARKET | Mon, 26 Jan 2026, 4:34PM IST The prime minister said the visit of the EU leaders will add momentum to the deepening engagement and cooperation between India and Europe across diverse sectors

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INDIA BUSINESS | Mon, 26 Jan 2026, 4:28PM IST Asahi India Glass Ltd is taking bold steps towards sustainability by joining forces with Adani Energy Solutions Ltd to enhance its green energy supply. This strategic partnership will substantially elevate the share of renewable resources in the company's energy portfolio.

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INDIA MARKET | Mon, 26 Jan 2026, 4:25PM IST Cipla USA, Inc is recalling the Lanreotide Injection

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INDIA MARKET | Mon, 26 Jan 2026, 4:22PM IST Among the loans against securities, loan against mutual funds has become quite popular. But you need to take care when availing such a loan. Read on

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INDIA MARKET | Mon, 26 Jan 2026, 4:18PM IST Investors tracking Vedanta may want to look beyond the usual drivers.

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INDIA BUSINESS | Mon, 26 Jan 2026, 4:17PM IST The banks balance sheet grew 15% YOY and stood at 17,52,171 crore as on December 31, 2025. The total deposits grew 15% YOY on month end basis

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INDIA MARKET | Mon, 26 Jan 2026, 4:16PM IST Boeing Defense, Space & Security in el Segundo, California, in March 2024.

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INDIA BUSINESS | Mon, 26 Jan 2026, 4:16PM IST Listed firm PE Analytics Ltd and the Department of Land Economy at the University of Cambridge have partnered to offer educational programme related to real estate in India. Gurugram-based PE Analytics owns and operates real estate data analytic platform PropEquity. In a statement on Monday, P E Analytics said the partnership with the Department of Land Economy at University of Cambridge would facilitate establishment of a real estate school in India. Professor Shailaja Fennell, Deputy Head of the Department of Land Economy, said the partnership with PropEquity will "broaden educational offerings and develop skills for the real estate sector in India". Samir Jasuja at PropEquity said, "With Cambridge expertise guiding our curriculum design and academic frameworks, we are very excited to create India's most prestigious Real Estate School cum Centre of Excellence." The programmes will be designed specifically for the core real estate domain covering every vertical. The Department

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INDIA NEWS | Mon, 26 Jan 2026, 4:13PM IST New Delhi: Indian batter Shreyas Iyer is set to continue as Tilak Varma's replacement till the end of the ongoing India vs New Zealand T20I series, the Board of Control for India (BCCI) confirmed in a media advisory on Monday.The BCCI added that Tilak has resumed physical training and is progressing well with his rehabilitation at the BCCI Centre of Excellence. However, the left-handed batter needs more time to regain full match fitness and will miss the fourth and fifth T20Is of the five-match series. Earlier, Tilak Varma underwent surgery for an abdominal issue in Rajkot and the Men's Selection Committee had then added Iyer to the T20I squad for the first three matches as a replacement."India batter Tilak Varma has resumed physical training and is making steady progress with his rehabilitation at the BCCI Centre of Excellence. However, he will require additional time to regain full match fitness and will not be available for the final two T20Is of the ongoing IDFC First Bank five-match T20I series," the BCCI media advisory said.Tilak Varma will join the Indian squad on February 3 in Mumbai once he has regained full match fitness, ahead of India's warm-up match for the ICC Men's T20 World Cup 2026, said the BCCI.The BCCI further confirmed that the selection committee recommended that Shreyas Iyer continue as Tilak Varma's replacement for the rest of the series. Notably, Shreyas Iyer is yet to feature in the playing 11 for India in the New Zealand T20Is."The Men's Selection Committee has recommended that Shreyas Iyer will continue as Tilak Varma's replacement for the remaining matches," BCCI's advisory states further.Led by Suryakumar Yadav, India have dominated the first three T20Is and sealed the five-match series with an unassailable 3-0 lead.India's updated T20I squad: Suryakumar Yadav (C), Abhishek Sharma, Sanju Samson (WK), Shreyas Iyer, Hardik Pandya, Shivam Dube, Axar Patel (VC), Rinku Singh, Jasprit Bumrah, Harshit Rana, Arshdeep Singh, Kuldeep Yadav, Varun Chakaravarthy, Ishan Kishan (WK), Ravi Bishnoi.

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INDIA MARKET | Mon, 26 Jan 2026, 4:12PM IST The volatility in foreign-exchange markets follows signs that Tokyo and Washington coordinated on rate checks

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INDIA BUSINESS | Mon, 26 Jan 2026, 4:09PM IST A potential India-EU free trade agreement could boost India's luxury car market. BMW Group India President and CEO Hardeep Singh Brar believes reduced customs duties on imported cars will expand the segment. This move would allow for a wider product portfolio and introduction of global models.

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INDIA MARKET | Mon, 26 Jan 2026, 4:02PM IST Global shares mostly declined on Monday, as in Asia, Japan's benchmark took a tumble after the yen surged against the US dollar.

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