Category: Business

Business

GreenTech raises ₹30 crore in its first funding round

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GreenTech raises ₹30 crore in its first funding round

GreenTech, a tech-driven and innovative operations and maintenance company specialising in wind turbine asset management, has raised ₹30 crore in its first funding round led by Transition VC. With this fundraiser, GreenTech aims to deepen its analytics engine, expand its repair and refurbishment facility into a multi-disciplinary hub (including mechanical, electrical, generator, gearbox, and electronic…

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Business

Trump’s new Iran-related tariff threat to have limited impact on India

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Trump’s new Iran-related tariff threat to have limited impact on India

Trump’s actions are in reaction to the Iranian government’s apparent crackdown on protestors in that country. File. | Photo Credit: Reuters India’s overall trade scenario is not likely to face much of an impact if it were to stop trading with Iran in response to U.S. President Donald Trump’s new threat of a 25% tariff…

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Business

Stock markets trade lower after initial rally on foreign fund outflows, selling in blue-chips

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Stock markets trade lower after initial rally on foreign fund outflows, selling in blue-chips

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Getty Images Equity benchmark indices Sensex and Nifty were trading lower after rallying in early trade on Tuesday (January 13, 2026) amid unabated foreign fund outflows and selling in blue-chip stocks. The 30-share BSE Sensex climbed 379.86 points to 84,258.03 in early trade….

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Business

Rupee falls 5 paise to 90.22 against U.S. dollar

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Rupee falls 5 paise to 90.22 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee weakened by 5 paise to 90.22 against the U.S. dollar in early trade on Tuesday (January 13, 2026), amid a strengthening American currency, higher crude oil prices and incessant outflow of foreign funds. An unprecedented geopolitical concern and global trade uncertainties have…

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Business

Fed’s Williams says monetary policy well positioned amid a favourable outlook

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Fed’s Williams says monetary policy well positioned amid a favourable outlook

“Monetary policy is now well positioned to support the stabilisation of the labour market and the return of inflation to the FOMC’s longer-run goal of 2%,” New York Federal Reserve Bank President John Williams said. File | Photo Credit: Reuters Federal Reserve Bank of New York President John Williams said Monday (January 12, 2026) he…

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Business

PFC to raise upto ₹5000 crore debt yielding upto 7.3%

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PFC to raise upto ₹5000 crore debt yielding upto 7.3%

Power Finance Corporation (PFC), which is a public sector listed company that finances power infrastructure projects, is set to raise ₹5000 crore from the debt capital market to refinancing existed debt and further lending. PFC announced that the base issue will be ₹500 crore with an option to raise the rest ₹4500 crore later on….

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Business

PLI push, Kusum 2.0, PM Surya Ghar acceleration: Solar industry’s wish list for Union Budget

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PLI push, Kusum 2.0, PM Surya Ghar acceleration: Solar industry’s wish list for Union Budget

Sunset on some solar panels in a village which has fields in the distance | Photo Credit: Augustine Fernandes As India’s solar energy capacity continues to accelerate, the domestic industry is seeking an enhanced Production-linked incentive scheme, second instalment of PM-Kusum and viability gap funding to accelerate potential for energy storage, in the upcoming Union…

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Business

Public sector banks appeal against stay on fraud classification proceedings against Anil Ambani

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Public sector banks appeal against stay on fraud classification proceedings against Anil Ambani

Industrialist Anil Ambani. File | Photo Credit: PTI Three public sector banks on Monday (January 12, 2026) filed an appeal against the stay on proceedings initiated against industrialist Anil Ambani and Reliance Communications Ltd classifying their bank accounts as fraud. The banks challenged a single Bench order passed in December 2025 granting interim relief to…

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Business

India’s PNGRB and Germany’s DVGW ink MoU to advance hydrogen integration in natural gas infrastructure

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India’s PNGRB and Germany’s DVGW ink MoU to advance hydrogen integration in natural gas infrastructure

German Chancellor Friedrich Merz, left, listens as Indian Prime Minister Narendra Modi speaks during a joint statement to the media in Gandhinagar, India on January 12, 2026. | Photo Credit: AP India’s Petroleum and Natural Gas Regulatory Board (PNGRB) and their German counterpart DVGW inked a memorandum of understanding (MoU) on Monday (January 12, 2026)…

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