State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd’s (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential […]
Trump hits 8 European countries with tariffs: Asian and European markets fall; US stock futures tumble
US stock futures fell on Monday as markets reacted to President Donald Trump’s threat to impose additional tariffs on eight European countries. This comes after Washington has demanded to purchase Greenland, a move that has fuelled fears of a wider transatlantic trade conflict.S&P 500 futures slid about 0.7%, while Nasdaq futures fell 1.0% in thin […]
Top stocks to buy: Stock recommendations for the week starting January 19, 2026 – check list
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 19, 2026) are 360 One, and Canara HSBC Life. Let’s take a look: Stock Name CMP (Rs)* Target (Rs) Upside (%) 360 One 1198 1400 17% Canara HSBC Life 141 […]
Budget 2026: Tata Motors flags pressure on entry-level EVs; wants PM E-DRIVE support for fleet segment
Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive […]
Gold is old: Jewellers see rush for silver bars, coins
MUMBAI: Silver appears to be the new gold – not just because its price has skyrocketed, but consumers are looking at it as an investment avenue, sparking demand for silver bars and coins at jewellery stores. Such is the rush that Jaipur’s Amrapali Jewels has now started selling silver bars to consumers on request. “Silver […]
Lowering debt load: Borrowings of NHAI to fall below 2L cr by March
NEW DELHI: Borrowings of the National Highways Authority of India (NHAI), which had peaked at almost Rs 3.5 lakh crore in 2021-22, is set to fall below Rs 2 lakh crore by March with the entity planning to reduce its debt load.The Centre is directly taking over funding for highway projects, instead of getting NHAI […]
ICICI chief gets 2-year extension, succession speculation deferred
MUMBAI: ICICI Bank’s board choosing to seek a two-year term for CEO Sandeep Bakhshi instead of the usual three years has given rise to speculation that this may be his last term. However, the proposal has removed any overhang of uncertainty as his term extends until Oct 2028.Addressing media, the bank’s executive director Sandeep Batra […]
New CPI basket won’t include free food items
NEW DELHI: Free food items, such as wheat and rice made available through the public distribution system (PDS), to nearly 80 crore people will not be part of the new consumer price index (CPI) basket, as the 22-member technical advisory panel, tasked with updating the base year of price indices, has decided to stick to […]
ETNOW kicks off Davos coverage
MUMBAI: Business news channel ET NOW will kick off its week-long coverage of World Economic Forum‘s annual meeting in Davos while keeping a close eye on the budget with ‘Budget Yatra’.‘Davos Diaries’ will feature interviews with global CEOs, policymakers, investors and thought leaders and capture the ideas shaping the global economic agenda.At home, for the […]
CII survey: Business sentiment high on stronger demand
NEW DELHI: Business sentiment in the economy is high, driven by stronger demand, better profitability expectations and steady investment conditions, according to a CII survey. Domestic demand has increased, with nearly two-thirds of 175 firms surveyed reporting higher demand for July to Sept 2025 and about 72% expecting further improvement in Oct-Dec 2025. More than […]