Category: Business

Business

Ensure all calls are from 1600-series, else face action, IRDAI tells insurers

January 10, 2026 admin

Insurance regulator IRDAI has directed insurers to adopt the 1600-number series for all service and transactional voice calls made by them to consumers by February 15 or face action. Any complaint of unsolicited commercial communication (UCC) against IRDAI regulated entities not complying will attract action as per regulatory provisions of Telecom Regulatory Authority of India…

Business

How every ₹100 is spent by Indian households

January 10, 2026 admin

The Household Consumption Expenditure Survey (HCES) by the Ministry of Statistics and Programme Implementation (MoS&PI) captures spending pattern of Indian households across various consumption categories. Conducted every five years, the HCES provides granular estimates of Monthly Per Capita Expenditure (MPCE) for both rural and urban populations, covering a wide range of goods and services. The…

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Investors chose Gold ETFs over Equities in December 2025

January 9, 2026 admin

Image used for representational purposes. File | Photo Credit: Reuters Mutual fund investors chose gold exchange-traded funds (ETFs) over equity-oriented schemes in December 2025, following the rally in gold and the suboptimal returns. According to data from Association of Mutual Funds in India (AMFI), the net inflows into gold ETFs, a mutual fund investment avenue…

Business

Aurobindo Pharma arm’s biosimilar gets Health Canada NOC

January 9, 2026 admin

Image used for representational purposes. Photo credits: Special Arrangement Aurobindo Pharma subsidiary CuraTeQ Biologics has received notice of compliance (NOC) from Health Canada’s Biologics and Radiopharmaceutical Drugs Directorate for Dyrupeg, its pegylated filgrastim biosimilar version. A notice of compliance from Health Canada is issued to a drug manufacturer after a successful review, confirming the product…

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SEBI excludes small brokers from technical glitch framework

January 9, 2026 admin

A view of the SEBI headquarters in Mumbai. | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) has excluded brokers with less than 10,000 registered clients from complying with the technical glitch framework. The move would mean 60% of stock brokers would be kept away from the framework. “The revised framework carved…

Business

Post relief, annual AGR due only ₹124 crore till 2031, Vi says

January 9, 2026 admin

Image used for representational purposes. File | Photo Credit: Reuters Vodafone Idea Ltd. said on Friday (January 9, 2026) that it had received an official communication from the Union government notifying it of the six-year financial relief the Union Cabinet approved for the telco at the end of December. “The AGR dues (Principal + Interest…

Business

Bharat Coking Coal IPO subscribed 8.1 times on Day 1

January 9, 2026 admin

Image used for representational purposes. File | Photo Credit: Wikimedia Commons The initial public offering of Bharat Coking Coal Limited was subscribed 8.09 times on the first day of bidding on Friday (January 9, 2026), driven by strong demand from retail, non-institutional and existing shareholder investor categories. The issue received bids for 2,80,61,36,400 equity shares…

Business

Forex reserves drop by $9.80 bn to $686.80 bn

January 9, 2026 admin

Forex reserves drop by .80 bn to 6.80 bn

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $9.809 billion to $686.801 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday (January 9, 2026). In the previous reporting week, the forex reserves had jumped by $3.293 billion to $696.61 billion….

Business

Stock markets take downtrend for fifth day

January 9, 2026 admin

Representative image. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty buckled under selling pressure for the fifth straight session on Friday (January 9, 2026), falling nearly 1%, as investors turned cautious due to growing concerns over potential U.S. tariff hikes amid lingering geopolitical worries. The relentless foreign capital flight from Indian markets also…

Business

Rupee falls 26 paise to close at 90.16 against U.S. dollar

January 9, 2026 admin

At the interbank foreign exchange, the rupee opened higher at 89.88 but lost ground through the day to settle at 90.16 (provisional) against the U.S. dollar, down 26 paise from its previous close. Representational image. | Photo Credit: Getty Images/iStockphoto The rupee declined 26 paise to settle at 90.16 (provisional) against the U.S. dollar on…

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