Category: Business

Business

Deepinder Goyal resigns as CEO of Zomato’s parent company Eternal

January 21, 2026 admin

Deepinder Goyal, Vice Chairman Eternal | Photo Credit: The Hindu Zomato’s parent company Eternal said on Wednesday (January 21, 2026) that founder Deepinder Goyal ‌will step down as Chief Executive Officer and Managing Director to take on the role of Vice Chairman, while Blinkit ⁠CEO Albinder Singh Dhindsa will become the company’s ⁠new CEO. The…

Business

Fiscal consolidation, financial discipline major issues in Budget presentation: Yanamala Ramakrishnudu

January 21, 2026 admin

Yanamala Ramakrishnudu. File | Photo Credit: The Hindu Former Finance Minister Yanamala Ramakrishnudu said Andhra Pradesh Government has to grapple with multiple challenges in presenting the Budget for FY 2026-27, fiscal consolidation and financial discipline being the major issues. In a press release, he observed that the revenue deficit has to be kept under control…

Business

India’s elevator industry seeks ‘One Nation, One Lift Law’

January 21, 2026 admin

Image used for representation | Photo Credit: Getty Images/iStockphoto India’s elevators and escalators sector, among the world’s fastest-growing vertical mobility markets, is seeking a unified ‘One Nation, One Lift Law’ (ONOL) to improve safety, simplify regulations and enable sustainable growth. With annual elevator sales nearing 1 lakh units, driven by rapid urbanisation and high-rise construction,…

Business

OpenAI unveils plan to keep data-centre energy costs in check

January 21, 2026 admin

Each Stargate site will now have its own locally tailored community plan, “driven ‌by community input and local ‌concerns,” OpenAI said [File] | Photo Credit: AP OpenAI unveiled a Stargate Community plan on Tuesday, aimed at “paying ‍its way on energy” and ensuring that its operations do not raise ‌electricity costs for local communities. Stargate…

Business

UFBU calls for all-India bank strike on January 27 demanding five-day work week

January 21, 2026 admin

If the strike by the influential forum of the bank unions happens as planned, for customers there will be no branch-level services for four days consecutively. File. | Photo Credit: PTI The United Forum of Bank Unions (UFBU), which consists of nine unions of bank employees and officers, has called for an all India bank…

Business

Gold futures hit record ₹1.58 lakh/10 gram; breach $4,800 per ounce in global market

January 21, 2026 admin

Gold futures hit record ₹1.58 lakh/10 gram; breach ,800 per ounce in global market

According to market experts, safe-haven demand has strengthened as investors are shifting away from riskier assets. File | Photo Credit: Getty Images/iStockphoto Gold futures soared by ₹7,774 to scale an all-time high of ₹1,58,339 per 10 grams on Wednesday (January 21, 2026), as global prices breached the ₹$4,800 per ounce-level amid sustained demand for the…

Business

Rupee falls 31 paise to all-time low of 91.28 against U.S. dollar in early trade

January 21, 2026 admin

Image for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 31 paise to an all-time low of 91.28 against the American currency in early trade on Wednesday (January 21, 2026), weighed down by steady dollar demand and a cautious global mood. Forex traders said rising geopolitical uncertainty, including renewed U.S. expansionary signals,…

Business

Stock markets fall in early trade amid geopolitical tensions, foreign fund outflows

January 21, 2026 admin

Image for representational purposes only. From the 30-Sensex firms, Bharat Electronics, ICICI Bank, Trent, Larsen & Toubro, HCL Tech and Infosys were among the laggards. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty drifted lower in early trade on Wednesday (January 21, 2026) as heightened geopolitical tensions, weak global markets and persistent foreign…

Business

World Economic Forum 2026 Day 2 LIVE: Trump heads for Davos maelstrom over Greenland

January 21, 2026 admin

The Adani Group outlined an investment blueprint of more than ₹6 lakh crore across aviation, clean energy, urban infrastructure, digital platforms and advanced manufacturing, signalling a new phase of large-scale private capital deployment aligned with India’s growth priorities. Presenting its plans at the 56th World Economic Forum (WEF) annual meeting in Davos, the conglomerate said…

Business

Palantir inks HD Hyundai deal worth hundreds of millions, CEO bullish on Korea

January 21, 2026 admin

The agreement is worth hundreds of millions of dollars to Palantir over several years, a source said [File] | Photo Credit: REUTERS Palantir leaders said the U.S. technology company has clinched a deal to sell more software to ‌HD Hyundai, ramping up its heavy-industry work in South Korea. The agreement is worth hundreds of millions…

Business