Business

As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

MUMBAI: Nearly four out of five of India’s leading young entrepreneurs are self-made, underscoring a shift in the country’s business landscape from inheritance to merit, according to the Avendus Wealth – Hurun India Uth Series 2025. The report shows that about 80% of business leaders under 40 featured in the ranking are first-generation founders.The study…

Dubai Gold Prices Surge Dh50 Per Gram in 2026: Here’s What’s Driving the Rally Gold continues its striking run in early 2026 and on January 20 in the UAE, prices hit fresh highs, reflecting an intensifying global rally in precious metals influenced by geopolitical uncertainty, safe-haven demand and market sentiment. Local retail rates in Dubai…

The Centre on Wednesday revised customs duties on display-related products to support domestic electronics manufacturing and fix the existing duty structure. The Union finance ministry raised the Basic Customs Duty (BCD) on flat panel displays to 20%, while reducing the duty on open cells and key components to 5%. The changes are aimed towards strengthening…

Stock market today: Dalal street was mostly red on Wednesday, as benchmark indices Sensex and Nifty were dragged down by increasing geopolitical tensions, weak global markets and continuous foreign fund outflows. The Nifty50 slipped below the 25,000 mark to trade at 24,919.80, while the BSE Sensex plunged more than 1,000 points to hit 81,124 in…

MUMBAI: AU Small Finance Bank, which has received RBI nod to convert into a commercial bank, reported a net profit of Rs 667.66 crore for the December 2025 quarter, up 26.3% from Rs 528.45 crore in the corresponding quarter last year. The improvement was driven by strong growth in core earnings and a sharp reduction…

Stocks market in Asia traded mostly red on Wednesday ahead of US President Donald Trump’s speech in Davos, dragged down by a sharp overnight sell-off in the US, rising geopolitical tensions between Washington and Europe over Greenland. In Hong Kong, HSI dipped 39 points or 0.15% to 26,447 at 10:40 AM IST. Nikkei also traded…

Rupee hit a new low on Wednesday, falling 23 paise to reach 91.20 against the US dollar in early trade, extending its downward streak. Earlier on Tuesday, the currency had closed at a record low of 90.97, down 7 paise amid strong demand for dollars from metal importers and continued foreign fund outflows that weighed…

Union minister Ashwini Vaishnaw on Wednesday clarified that while India remains engaged with major global powers, the World Economic Forum (WEF) at Davos is largely a platform for the exchange of ideas rather than a venue for formal group-to-group trade negotiations.Responding to a query on whether India would hold meetings with the US delegation at…

NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) exposure to the equity market has for the first time reached 10%, as the retirement fund body looks for avenues to augment its income to sustain the persistent high annual returns amid falling govt bond yields, where nearly 85% of its investible corpus is parked.“EPFO is allowed…