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Category: Business

Business

Meta partners with U.S. nuclear companies to power AI data centres

Posted on January 12, 2026 By admin
Meta partners with U.S. nuclear companies to power AI data centres

The deals make Meta one of America’s largest corporate buyers of nuclear energy as it seeks to fuel its artificial intelligence operations [File] | Photo Credit: AP Tech giant Meta announced Thursday major agreements with three US nuclear energy companies that it says will add up to 6.6 gigawatts of clean power by 2035. The…

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Business

Sensex declines 455 points on foreign fund outflows, trade-related concerns

Posted on January 12, 2026 By admin
Sensex declines 455 points on foreign fund outflows, trade-related concerns

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty declined in early trade on Monday (January 12, 2026) as persistent foreign fund outflows, concerns over further US tariffs on Indian exports and geopolitical overhangs dent investors’ sentiment. The 30-share BSE Sensex dropped 455.35 points to 83,120.89 in early…

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Business

Rupee falls 5 paise to 90.23 against U.S. dollar

Posted on January 12, 2026 By admin
Rupee falls 5 paise to 90.23 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 5 paise to ₹90.23 against the U.S. dollar in early trade on Monday (January 12, 2026), driven by rising crude oil prices and an unabated outflow of foreign funds. According to forex traders, a volatile geopolitical situation and concerns over further…

Read More “Rupee falls 5 paise to 90.23 against U.S. dollar” »

Business

Four banks move CIC against RBI nod to disclose NPAs, defaulters’ list under RTI

Posted on January 12, 2026 By admin
Four banks move CIC against RBI nod to disclose NPAs, defaulters’ list under RTI

Four major banks including RBL Bank, have approached the Central Information Commission (CIC) objecting to the disclosure of information such as the list of defaulters and non-performing assets, penalties and inspection reports even as the Reserve Bank of India (RBI) termed the records “liable to be disclosed” under the Right to Information (RTI) Act. |…

Read More “Four banks move CIC against RBI nod to disclose NPAs, defaulters’ list under RTI” »

Business

Addressing the choice overload problem

Posted on January 12, 2026 By admin
Addressing the choice overload problem

As humans, we typically want more choices. But more choices can be confusing. It is easier to choose an active fund from 10 funds than from 100 funds. With continual entry of new asset management firms (AMCs) into the industry, the choice of mutual fund products has increased over the years. In this article, we…

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Business

Tips for seniors seeking a home loan

Posted on January 12, 2026 By admin
Tips for seniors seeking a home loan

Buying a home is a key milestone. However, many are able to meet this aspiration only at later stages of life. While availing a home loan can be a challenge post a certain age, several banks and HFCs do offer home loans to senior citizens and retirees. However, the eligibility and terms differ and are…

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Business

Renewing motor policy: when less can be more

Posted on January 12, 2026 By admin
Renewing motor policy: when less can be more

In a previous piece on motor insurance, we examined how most of us renew our policies with little clarity about what we are paying for and the value we receive. To recap the basics: a motor insurance policy has two components. One is the statutory third-party (TP) liability cover, with premiums fixed by the Insurance…

Read More “Renewing motor policy: when less can be more” »

Business

Faster, demand-led approach needed for PSE privatisation: CII

Posted on January 11, 2026 By admin
Faster, demand-led approach needed for PSE privatisation: CII

Industry lobby Confederation of Indian Industry (CII) has suggested an accelerated four-pronged strategy to unlock value from the disinvestment of public sector enterprises, calling for a demand-driven approach in selecting units for privatisation, and following a predictable roadmap. In its proposals for the Union Budget 2026-27, the CII urged the government to mobilise resources through…

Read More “Faster, demand-led approach needed for PSE privatisation: CII” »

Business

Ahead of Union Budget, Karnataka seeks release of dues

Posted on January 11, 2026 By admin
Ahead of Union Budget, Karnataka seeks release of dues

Chief Minister Siddaramaiah Ahead of the Union Budget, Chief Minister Siddaramaiah has urged the Centre to release its dues and has referred to the economic conditions in the State owing to GST rate rationalization, increased social commitment, change in weather condition, and increasing urbanisation. The rate of growth of committed expenditure is faster than the…

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Business

Adani Group plans ₹1.5 lakh crore investment in Kutch over five years

Posted on January 11, 2026 By admin
Adani Group plans ₹1.5 lakh crore investment in Kutch over five years

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India. Image for the purpose of representation only. | Photo Credit: File The Adani Group will invest ₹1.5 lakh crore in the Kutch region of Gujarat over the next five years, reinforcing the State’s position…

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Business

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