Business

Stock Market Forecast: The domestic stock market witnessed a decline last Monday, with both major indices closing lower. The Bombay Stock Exchange (BSE) Sensex dropped by 322.39 points, closing at 85,439.62, while the National Stock Exchange (NSE) Nifty fell by 78.25 points, closing at 26,250.30. The decline came amid warnings from U.S. President Donald Trump about increasing tariffs on Indian products, which negatively impacted investor sentiment. The market saw selling in major stocks like HDFC Bank, Infosys, HCL Technologies, Bajaj Finance, and Reliance Industries, leading to market pressure. During the trading session, the Sensex had dropped as much as 446.68 points, touching a low of 85,315.33. In contrast, stocks like Bharat Electronics, Hindustan Unilever (HUL), Tata Steel, an...

New Delhi: India is facing increasing pressure to make a crucial decision regarding its imports of Russian crude oil. The Global Trade Research Initiative (GTRI) has warned that the situation is reaching a point where no middle ground remains. The pressure stems from the United States, which has threatened higher tariffs on Indian goods if India continues buying oil from Russia. On January 4, U.S. President Donald Trump warned that Washington could raise tariffs on Indian exports unless India stops its Russian oil purchases. Currently, Indian goods already face import duties totaling around 50%, half of which are directly linked to India’s crude oil imports from Russia. U.S. Legislative MovesU.S. Senator Lindsey Graham is reportedly working on legislation to impose significant second...

New Delhi: India has urged Russia to remove trade barriers on Indian goods, including electronics, engineering products, food items, and fish, to enable the utilization of approximately $50–55 billion worth of Russian rubles currently held in Russian banks. These funds accumulated as a result of India’s crude oil imports from Russia. According to reports by The Times of India, Indian exporters are facing multiple challenges in accessing the Russian market. In the electronics sector, specific software-related requirements imposed by Russia have created significant hurdles. Similarly, engineering goods face delays due to strict standards, and some products must meet local language requirements, making export processes cumbersome. An official involved in the discussions noted, “Our good...

The recent U.S. military action in Venezuela, home to the world’s largest oil reserves, has sent shockwaves across global markets. For India, which imports oil from Venezuela and has several business interests there, the developments could bring both opportunities and challenges. How Indian Companies Are Affected Several Indian companies have invested in or operate businesses in Venezuela, spanning sectors such as energy, crude oil trading, engineering services, and pharmaceuticals. The ongoing crisis could affect their operations, investments, and supply chains. State-run ONGC is among the most exposed, holding equity stakes in two Venezuelan oil projects. In refining, Reliance Industries has historically been a major importer of Venezuelan crude. Analysts suggest that any relaxa...

The world is abuzz—not just with geopolitical shockwaves, but also with fashion frenzy—after Venezuela’s President Nicolás Maduro was arrested by the United States. The arrest, which also included Maduro’s wife Cilia Flores, has drawn widespread international criticism. Yet, amidst this serious political event, one striking detail caught the public’s attention: Maduro’s Nike tracksuit. The Viral Outfit Within hours of the arrest, a photo shared by former U.S. President Donald Trump showed Maduro in handcuffs and blindfolded, wearing a grey Nike Tech Fleece tracksuit. Social media erupted as users shared the image, generating a viral sensation. Some called it reminiscent of a Halloween costume, while others noted a surge in Google searches for the Nike Tech Fleece tracksuit. Price ...

New Delhi: Despite his relentless efforts to “Make America Great Again,” U.S. President Donald Trump is facing a rising national debt that continues to soar. The federal government’s debt has now reached $38.5 trillion, with an increase of $2.3 trillion in 2025 alone—equivalent to $6.3 billion added every single day. This means that, on average, each American family now shoulders a debt of $285,733. If the current pace continues, the national debt could hit $40 trillion by August 2026. Since 2020, the U.S. debt has grown by $15.3 trillion, averaging an annual increase of $2.6 trillion. Trump’s Measures to Reduce DebtTo curb the rising debt, Trump has imposed tariffs on countries worldwide, including India, and pushed companies to invest within the United States. Major corporations such ...

New Delhi: 2026 has begun on a promising note for cryptocurrency investors, with several digital assets, including Bitcoin, witnessing strong gains. One cryptocurrency making headlines is Dogecoin (DOGE), which has regained momentum after causing significant losses for investors last year. As of Monday at 2 PM, Dogecoin was trading at $0.1503 (approximately ₹14), marking a week-on-week increase of over 18%. Despite a minor dip of over 1% in the past 24 hours, investor interest in this cryptocurrency remains strong. Dogecoin is also famously favored by Elon Musk, one of the world’s richest individuals. Weekly PerformanceA week ago, Dogecoin was priced at $0.1268, and since then it has surged to $0.1503, giving investors a return of over 18% in just seven days. Since January 1, 2026, D...

New Delhi: The rapid development of India’s highways and expressways has brought unprecedented connectivity for travelers—but mobile network black spots on these roads continue to pose challenges. The National Highways Authority of India (NHAI) has identified 424 locations across highways and expressways where mobile signals are weak or absent. The agency has written to telecom regulator TRAI, urging action to improve network coverage in these areas. According to NHAI, lack of network connectivity not only inconveniences travelers but also hampers emergency services. Ambulances, patrol units, and other field teams face difficulties communicating during accidents or urgent situations. The identified “telecom black spots” cover approximately 1,750 km. In a letter to TRAI Chairman Anil ...

New Delhi: The fifth season of Shark Tank India premiered today, January 5, introducing 15 judges, including six new sharks. Among the newcomers is Kanika Tekriwal, founder of the private aviation company JetSetGo, and one of India’s most successful self-made women entrepreneurs. Kanika Tekriwal’s net worth today exceeds ₹420 crore, making her one of the youngest women to feature on the Hurun Rich List. She founded JetSetGo, which operates nine private jets and two helicopters for charter, having served over 1,00,000 passengers and operated more than 6,000 flights to date. A Startup at 21:Kanika began her entrepreneurial journey at the age of 21 with a simple yet revolutionary idea: to create an “Uber-like” model for private aviation in India. Her plan was to purchase jets and lease ...

New Delhi: Shares of Reliance Industries have hit a 52-week high, with the stock touching ₹1,611.20 during trading, amid optimism surrounding developments in Venezuela. Analysts expect the price to rise further to ₹1,785, driven by potential benefits from the recent U.S. action against Venezuela. The United States has taken strict measures against Venezuela, including the arrest of President Nicolás Maduro. Experts believe that the U.S. may now take control of Venezuela’s oil reserves, which could benefit Indian companies such as Reliance Industries and ONGC. Jefferies has stated that if sanctions on Venezuela are eased or lifted, both companies could gain from improved crude oil supply, cash flow, and valuation. Venezuela holds nearly 18% of the world’s oil reserves, yet currently c...