Category: Business

Business

Jio BlackRock AMC attracts 10 lakh investors, 18% first-time participants

January 20, 2026 admin

The joint venture between Jio Financial Services and BlackRock has also seen strong participation from investors beyond major metros, with 40% of its retail investors coming from B-30 cities. Photo Credit: Jio BlackRock Mutual Funds Instagram Jio BlackRock Asset Management, which launched its services in May, has built an investor base of 10 lakh, with…

Business

Arohan Financial Services plans to hit capital market during middle of 2026-27 with ₹1,500 crore IPO

January 20, 2026 admin

By the end of the current financial year, Arohan is eyeing an outstanding portfolio of ₹7,000 crore, which is targeted to touch ₹20,000 crore by 2030. Its network stands at ₹2,100 crore. Photo Credit: Arohan Financial Services Instagram NBFC-MFI Arohan Financial Services plans to hit the capital market during the middle of next financial year…

Business

ITC Hotels Q3 net profit rises 9.6% to ₹237 crore

January 20, 2026 admin

The group said it continues to monitor the finalisation of rules by the government and other related aspects of the New Labour Codes and will appropriately account for such changes, if required. | Photo Credit: Reuters ITC Hotels on Tuesday (January 20, 2026) reported a 9.64% rise in consolidated net profit to ₹236.83 crore for…

Business

IndiGo to continue 10% flight cuts till March-end

January 20, 2026 admin

An IndiGo Airlines aircraft. Image for the purpose of representation only. | Photo Credit: File IndiGo will continue to face a 10% reduction in its flights, amounting to nearly 200 fewer services, until the end of the winter season in late March 2026, according to government officials. The airline has informed the government that it…

Business

Budget 2026: Micro units demand MSME credit cards

January 20, 2026 admin

Micro and cottage enterprises have appealed to the Central government to issue credit cards to Micro, Small and Medium-scale Enterprises (MSMEs) as announced in the Union budget last year. President of the Coimbatore Tiruppur District Micro and Cottage Entrepreneurs Association C. Sivakumar said the government announced in the budget last year that MSME credit cards…

Business

Gold blazes trail beyond $4,700/oz to record high as safety rush fuels demand

January 20, 2026 admin

Gold blazes trail beyond ,700/oz to record high as safety rush fuels demand

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Gold surged past the $4,700 an ounce (oz) mark for ‌the first time on Tuesday (January 20, 2026), and silver hovered just below a fresh record high, as global tensions sparked yet another rush to safety. Spot gold gained 1.2% to $4,726.86 per ounce by…

Business

U.S. senator concludes visit to India to persuade leaders to include ‘favourable’ pulse provisions in future FTA

January 20, 2026 admin

Commerce & Industry Minister Piyush Goyal with U.S. Senator Steve Daines and U.S. Ambassador to India Sergio Gor during a meeting. Photo: X/@PiyushGoyal via PTI U.S. Ambassador to India Sergio Gor on Tuesday (January 20, 2026) said he would ensure that senior officials of the U.S. Government regularly travel to India, even as U.S. Senator…

Business

Sensex, Nifty tumble over 1% on geopolitical worries

January 20, 2026 admin

Representative image. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty tanked over 1% on Tuesday (January 20, 2026) due to heavy selling pressure in market heavyweights Reliance, Bajaj Finance and M&M amid escalating geopolitical tensions. Besides, ongoing weakness in the rupee and persistent foreign fund outflows dented investors’ sentiment. Extending its previous…

Business

Rupee falls 7 paise to settle at record low of 90.97 against U.S. dollar

January 20, 2026 admin

Image used for representational purposes only. | Photo Credit: Getty Images The rupee depreciated 7 paise to close at a record low of 90.97 (provisional) against the U.S. dollar on Tuesday (January 20, 2026), as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainties,…

Business

WEF 2026: India a sleeping giant, can become world’s top economy if it wakes up, says Chandrababu Naidu

January 20, 2026 admin

World Economic Forum (WEF) logo is displayed during the 56th annual World Economic Forum (WEF) meeting in Davos, on January 20, 2026 | Photo Credit: Reuters Senior Union ministers, along with Chief Ministers and senior leaders from as many as 10 States, came together in Davos on Monday (January 19, 2026), irrespective of their political…

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