Business

The rupee weakened 3 paise to 89.90 against the US dollar in early trade on Thursday, pressured by rising crude oil prices, foreign fund outflows and a stronger dollar. Weak domestic equities also added to the currency’s losses, traders said.

Tata Power Renewable Energy will invest Rs 6,675 crore to set up 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh, generating around 1,000 direct jobs and supporting the country’s solar manufacturing and energy transition goals

Women-focused helmet brand Tvarra announced Indian cricketer Jemimah Rodrigues as an investor partner. She will help shape the brand’s vision, advocate responsible riding, and promote women’s safety. Tvarra plans offline retail expansion in 2026, beyond its current 600-city online presence

Equity benchmarks opened lower on Wednesday as geopolitical tensions, tariff-related worries and sustained foreign fund outflows dampened investor sentiment, even as select IT and index heavyweights provided limited support.

The rupee appreciated 26 paise to 89.92 against the US dollar in early trade on Wednesday, supported by a weaker greenback and lower crude prices. However, domestic equity benchmarks Sensex and Nifty were trading lower.

Pandorum Technologies has partnered with Bharat Biotech arm Nucelion Therapeutics to expand manufacturing of its exosome-based regenerative therapies across the Asia-Pacific region, strengthening regional supply, regulatory readiness and India’s biologics manufacturing capabilities

The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 

Reliance Industries confirmed it has not received Russian crude for nearly three weeks and expects none in January, halting imports at its SEZ refinery to comply with EU sanctions, amid reports linking three tankers to its Jamnagar complex

Equity benchmarks Sensex and Nifty fell sharply in early trade amid heavy selling in Reliance Industries, HDFC Bank and others, as investor sentiment weakened following fresh US tariff warnings against India, persistent volatility, and continued foreign fund outflows despite stable domestic fundamentals

Rupee strengthened 18 paise to 90.12 per dollar in early trade, aided by weaker dollar and lower crude prices. Gains were capped by tariff threats from Donald Trump, FII outflows, geopolitical tensions and weak domestic equity markets; sentiment persists Tuesday

The Indian government must allay growing fears that the Seeds Bills will increase corporate control and marginalise farmers

Without clear measures of livelihoods protected, climate finance will stay carbon-focused, even after COP30

The new visa is introduced in view of the growing demand for business visas to travel to India. It will be issued in about 45 to 50 days, with permission to stay in India for up to six months

Both sides — Wilson and Tata Group — don't want a renewal of the contract after 2027, according to source  

Gold and silver prices surged on Monday amid strong safe-haven demand following US action in Venezuela. Geopolitical uncertainty, expectations of US rate cuts and a weaker rupee supported domestic bullion prices, though gains were capped below December record highs.

Andhra Pradesh’s Visakhapatnam Refinery commissioned HPCL’s Residue Upgradation Facility, featuring three of the world’s heaviest reactors. The upgrade, part of the Visakh Refinery Modernisation Project, enhances fuel production, energy security, and regional socio-economic growth, supporting India’s Atmanirbhar Bharat initiative

Trump’s plan to take control of Venezuela’s oil industry is unlikely to affect oil prices immediately. Years of mismanagement and sanctions have left production low, requiring massive investment and political stability before output can significantly rise

SBI Israel is facilitating trade between India and Israel in Indian rupees, including payments through Special Rupee Vostro Accounts. The move supports bilateral trade, remittances from Indian workers, and growing economic ties amid FTA discussions and strategic cooperation

Benchmark indices Sensex and Nifty declined in early trade on Monday, weighed down by losses in blue-chip IT stocks. Asian markets traded mixed, while investors remained cautious amid geopolitical concerns and recent US action in Venezuela.

US President Donald Trump warned India over Russian oil purchases, saying tariffs could be raised quickly. He claimed Prime Minister Narendra Modi understood Washington’s displeasure, while Senator Lindsey Graham linked reduced Russian oil imports to US tariff pressure

The rupee weakened by 4 paise to 90.24 against the US dollar in early trade on Monday as geopolitical tensions following US military action in Venezuela boosted demand for the greenback, despite lower crude prices offering limited support.

Andhra Pradesh has become India’s top investment destination in FY26, attracting over 25% of total proposed investments. Backed by reforms, infrastructure and policy clarity, the State is emerging as a key driver of India’s next industrial growth phase.

Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines

Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker