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  • Air India’s Delhi-San Francisco faces inordinate delay; rescheduled for Friday
    Air India’s Delhi-San Francisco faces inordinate delay; rescheduled for Friday Business
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Category: Business

Business

Silver Prices Hit $100 For The First Time In International Markets

Posted on January 23, 2026 By admin

International silver prices hit the $100 an ounce mark for the first time ever on Friday, extending a solid rally. Spot prices for the white metal soared 4.2% to as much as $100.29 during New York trading hours. The price more than doubled in 2025 and has already surged 40% in the new year. Notably, silver…

Read More “Silver Prices Hit $100 For The First Time In International Markets” »

Business

Ambitious scheme to spur next-gen battery manufacturing in India stumbles

Posted on January 23, 2026 By admin
Ambitious scheme to spur next-gen battery manufacturing in India stumbles

Delays in visa approvals for Chinese technical specialists, requirements that mandate local manufacturing, and the lack of critical technologies threaten the government’s ambitious Advanced Chemistry Cell Production Linked Incentive (ACC-PLI) scheme, says a report by the research firms Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics released earlier this week….

Read More “Ambitious scheme to spur next-gen battery manufacturing in India stumbles” »

Business

Shashi Tharoor Skips Congress Poll Strategy Meeting

Posted on January 23, 2026 By admin

Ahead of the assembly elections in Kerala, the Congress’ top leadership held a strategy meeting with leaders from the state, even as Shashi Tharoor skipped the key brainstorming session amid reports that he is “upset” at Rahul Gandhi ignoring him at a recent event. The Congress, however, denied that anyone was upset. It claimed that…

Read More “Shashi Tharoor Skips Congress Poll Strategy Meeting” »

Business

Govt Selects Five White Goods Firms With Rs 863 Crore Investments For PLI SOPs

Posted on January 23, 2026 By admin

Kirloskar Pneumatic, Indo Asia Copper, and Godrej & Boyce Manufacturing Company are among five companies with committed investment of Rs 863 crore selected as beneficiaries under the production linked incentive scheme for AC component manufacturing, an official statement said on Friday. The scheme extends an incentive of 6% to 4% on reducing basis on incremental…

Read More “Govt Selects Five White Goods Firms With Rs 863 Crore Investments For PLI SOPs” »

Business

China Tells Alibaba, Tech Firms To Ready Nvidia H200 Orders

Posted on January 23, 2026 By admin

Chinese officials have told the country’s largest tech firms including Alibaba Group Holding Ltd. they can prepare orders for Nvidia Corp.’s H200 AI chips, suggesting Beijing is close to formally approving imports of components essential to powering artificial intelligence. Regulators have recently granted in-principle approval for Alibaba, Tencent Holdings Ltd. and ByteDance Ltd. to move…

Read More “China Tells Alibaba, Tech Firms To Ready Nvidia H200 Orders” »

Business

Wall Street Heads For Weekly Decline As S&P 500, Dow Jones Falter; Intel Slumps 15%

Posted on January 23, 2026 By admin

The Wall Street is headed for a weekly decline, as two of the three main stock market indices faltered after rising in the preceding two sessions. The S&P 500 opened 0.03% or 1.89 points lower at 6,911.46, and the Dow Jones Industrial Average opened 0.27% or 132.65 points lower at 49,251.36. However, the tech-heavy Nasdaq…

Read More “Wall Street Heads For Weekly Decline As S&P 500, Dow Jones Falter; Intel Slumps 15%” »

Business

Bharat Petroleum, Brazil’s Petrobras enhance quantum of erstwhile crude oil supply deal

Posted on January 23, 2026 By admin
Bharat Petroleum, Brazil’s Petrobras enhance quantum of erstwhile crude oil supply deal

Union Minister for Petroleum and Natural Gas Shri Hardeep Singh Puri during the Curtain Raiser Press Conference on IEW 2026, on Friday, January 23, 2026. Photo credit: PIB As India seeks to diversify their avenues for oil import, state-owned refiner, Bharat Petroleum, would enhance their term contract to procure crude oil from Brazil’s Petrobras, according…

Read More “Bharat Petroleum, Brazil’s Petrobras enhance quantum of erstwhile crude oil supply deal” »

Business

Do not foresee any shortage of energy globally, essential to negotiate properly: Petroleum Minister Hardeep Puri

Posted on January 23, 2026 By admin
Do not foresee any shortage of energy globally, essential to negotiate properly: Petroleum Minister Hardeep Puri

Source: x.com/HardeepSPuri In the coming period there is no shortage of energy in the global market, you must negotiate effectively to get good prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stated Friday. “In the coming period, I do not foresee any shortage of energy, you have negotiate this [global market currents],…

Read More “Do not foresee any shortage of energy globally, essential to negotiate properly: Petroleum Minister Hardeep Puri” »

Business

EU Trade Tweak Affects 2.7% Of Indian Exports, Not 87%, Commerce Ministry Clarifies

Posted on January 23, 2026 By admin

The government on Friday clarified that the European Union’s broader suspension of the Generalised Scheme of Preferences (GSP) will affect only about 2.7% of India’s exports. The GSP allows developing countries such as India to export goods to the EU at reduced tariff rates, helping them remain competitive in European markets. A report by trade…

Read More “EU Trade Tweak Affects 2.7% Of Indian Exports, Not 87%, Commerce Ministry Clarifies” »

Business

Rahul Gandhi demands PM’s intervention to save tariff-hit textile sector

Posted on January 23, 2026 By admin
Rahul Gandhi demands PM’s intervention to save tariff-hit textile sector

Still from a video posted by Rahul Gandhi on a visit to a garment factory in Haryana. Photo credits: X/@RahulGandhi Leader of Opposition in the Lok Sabha Rahul Gandhi on Friday (January 23, 2026) flagged what he called a “deepening crisis” in India’s textile sector due to high U.S. tariffs and urged Prime Minister Narendra…

Read More “Rahul Gandhi demands PM’s intervention to save tariff-hit textile sector” »

Business

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