Business

Mumbai; January 2026: The Indian rupee is expected to open on the lower mode today, on weak Asia risk and flow pressures, with traders saying the central bank remains a key backstop to prevent a move past the 92 level. The one-month non-deliverable forward showed the rupee remains vulnerable to a break past 92-per-dollar level, with the currency likely to open at in between Rs. 91.90, and Rs. 91.96. The rupee had hit an all-time low of 91.9850 yesterday, pressured…

New Delhi; January 2026: India’s state-run Bharat Petroleum Corporation Limited (BPCL) will set up a trading desk in Singapore from February 2026 fecilitating its expansion while dealings in crude oil, liquefied natural gas, and refined fuels, its Chairman, Sanjay Khanna, said on Thursday (29th January 2026). He said the company will initially delve with 05 employees in Singapore. “Our team will identify opportunities for us and can help other companies as well if required”, Khanna told reporters at the India…

Thrissur; January 2026: Indian gold-loan financier Manappuram Finance (MNFL.NS), opens new tab reported a third-quarter profit drop on Thursday, as a slowdown in its struggling microfinance segment and higher financing costs weighed. The Thrissur, Kerala-based company’s consolidated net profit fell 14.5% year-on-year to 2.41 billion rupees ($26.21 million) for the quarter ended December 31st. The lender has faced higher default rates on microfinance loans, which are collateral-free small loans to borrowers, after a period of aggressive lending in the segment.…

India’s Energy Demand Expected to Double by 2050 as Oil & Gas Expected to Remain Central to Global Energy Mix India is projected to be the largest contributor to global oil demand growth till 2050, according to the World Oil Outlook 2025 presented by Dr. Abderrezak Benyoucef, Head, Energy Studies Department, Research Division, Organization of the Petroleum Exporting Countries (OPEC), at India Energy Week 2026 being organised in Goa from 27th to 30th January 2026. Presenting OPEC’s flagship long-term outlook on the Resilience Stage…

Affordability, robust infrastructure, technology-led innovation, and policy alignment emerged as common themes critical for a secure, sustainable, and inclusive energy future. On the second day of India Energy Week 2026, industry leaders and policymakers focused on the critical pillars shaping India’s energy transition, including LNG affordability, robust City Gas Distribution (CGD) networks, electrification, and long-term energy demand. Across high-level panels and discussions, speakers highlighted India’s growing role as a global energy driver and the importance of coordinated policy, investment, and…

Mumbai; January 2026: The Indian Micro-Fertilisers Manufacturers Association (IMMA) will organise the 06th National Crop Nutrition Summit & B2B Expo on February 05th and 06th, 2026, at the National Stock Exchange (NSE), Bandra Kurla Complex (BKC), Mumbai. The two-day event will bring together central and state agriculture policymakers, regulators, industry representatives, scientists, startups and global experts to deliberate on policy, regulation, innovation and market development in India’s agri-input sector. The summit will be held under the theme “Converge, Collaborate &…

Minister of Petroleum and Natural Gas, Hardeep Singh Puri: Energy Transition Must Be Backed by Sustained Investment to Ensure Security, Affordability and Sustainability India Energy Week 2026 commenced today with keynote addresses by Union Minister for Petroleum and Natural Gas, Hon’ble Hardeep Singh Puri, Hon’ble Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the United Arab Emirates and Managing Director and Group CEO of ADNOC, and a welcome address Hon’ble Chief Minister of Goa, Pramod Sawant. The speakers reiterated the global…

Jan 2026 : Gold prices have smashed all previous records by climbing above $5,000 per ounce for the first time in history — a landmark achieved amid one of the most dramatic rallies in the precious metals market. On Monday, spot gold reached an all-time high above $5,090 per ounce, reflecting intense investor demand for safe-haven assets in the face of mounting global instability and financial uncertainty. Silver has mirrored gold’s meteoric rise, trading above $100 per ounce for the…

Mumbai, Jan 2026 : Bajaj Finance witnessed a sharp erosion in its market capitalisation last week, losing over Rs 14,000 crore, as weak investor sentiment and a broad-based equity sell-off weighed heavily on India’s stock markets. The decline came amid persistent global uncertainties, sustained foreign investor outflows and mounting pressure on the Indian rupee. The sell-off was not limited to Bajaj Finance alone. The combined market valuation of nine of the top-10 most valued Indian companies fell by a substantial…

The Ministry of Power will present its grand tableau titled “Prakash Ganga: Powering an Aatmanirbhar and Viksit Bharat” at the Republic Day Parade on January 26, 2026, showcasing India’s transformative journey in the power sector and its leadership in clean and sustainable energy. The tableau highlights India’s evolution from achieving universal electricity access to emerging as a global clean energy leader, reinforcing the nation’s commitment to building a self-reliant and developed India. The theme Prakash Ganga — meaning “River of…