With India’s foreign exchange reserves rebounding sharply during the week, the country’s overall forex buffer rose by $14.167 billion to $701.36 billion in the week ended January 16, RBI data showed on Friday.The increase follows a relatively modest rise of $392 million in the previous week, when total reserves had edged up to $687.193 billion.While […]
Union Budget 2026: FM may maintain FY27 fiscal deficit at 4.4%, same as FY26; here’s what Nuvama expects
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the […]
India emerges as a stable growth anchor in Davos amid global challenges, says CII
India was repeatedly cited as a reliable long-term growth anchor during discussions at the World Economic Forum’s annual meeting, amid persistent geopolitical uncertainty clouding the global outlook, the Confederation of Indian Industry said on Friday.Describing the mood at Davos as “cautiously optimistic and strategically focused”, CII director general Chandrajit Banerjee said geopolitical tensions framed the […]
Budget 2026: NATHEALTH urges higher healthcare spending, flags rising NCD burden
With the Union Budget 2026 set to be presented on February 1, the healthcare industry body NATHEALTH has urged the government to raise public healthcare spending to over 2.5 per cent of GDP and take urgent steps to address the rising burden of non-communicable diseases (NCDs).In its pre-Budget recommendations, NATHEALTH said the roadmap aims to […]
Budget 2026: Bridging urban-rural divides; how budget can scale gold loans for Tier-2 & Tier-3 economies
While gold carries immense emotional and cultural significance, in its idle form it contributes little to economic activity. (AI image) By Shaji VargheseIndia stands at a pivotal juncture where inclusive growth must extend beyond metros to Tier-2, Tier-3, and rural economies. One powerful yet underutilised lever in this journey is household gold. In recent years, […]
January 2026 bank holidays: Are banks closed for 4 days from today? Check state-wise list
Planning a bank visit? You might want to reschedule, as banks are set for a four-day holiday, beginning from January 23 till January 26. Keeping track of bank holidays is crucial for customers to plan their finances in advance and avoid last-minute inconvenience. It is important to note that banks in India follow a combination […]
Gold price prediction: What’s the gold outlook for January 23, 2026? Why ‘buy on dips’ makes sense
Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near […]
‘Happy to save!’: Trump’s first reaction to TikTok deal; here’s what he said about Chinese President Xi Jinping
US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture.“I am so happy to have helped in saving TikTok! It will now be owned by a […]
Stock market today: Nifty50 opens flat; BSE Sensex near 82,250
Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Friday. While Nifty50 was near 25,250, BSE Sensex was down 50 points. At 9:17 AM, Nifty50 was trading at 25,263.15, down 27 points or 0.11%. BSE Sensex was at 82,257.49, down 50 points or 0.061%.Analysts are of the view that […]
Asian stocks today: Markets rise as US-EU ties ease; HSI jumps 150 points, Kospi flat
Asian markets traded in green on Friday, as investor sentiments improved due to stronger US economic indicators and easing ties between the EU and US as Trump withdrew tariff threats for the bloc. In Hong Kong, the HSI inched 158 points or 0.6% to 26,788. Japan’s Nikkei also jumped 193 points or 0.36% to 53,882. […]