SBI’s mutual fund unit has committed to pick up at least 10% of Adani Power’s nearly $820 million rupee-denominated bond issue. File | Photo Credit: Reuters State Bank of India’s mutual fund unit has committed to pick up at least 10% of Adani Power’s nearly $820 million rupee-denominated bond issue, likely to be launched later…
In the global market, gold was quoted at $4,855 announce at 1950 hours IST after having ruled over $4,870 at one point in time | Photo Credit: brightstars Gold prices soared to a new high in the global and Indian markets, with the yellow metal topping $4,850 an ounce on Wednesday. Silver continued to rule…
Mining machinery and other vehicles are seen inside a coal mine in Odisha. | Photo Credit: The Hindu In the next five years, between 2026 and 2031, the Ministry of Mines plans to intensify mineral exploration activities significantly with primary focus on strategic and critical minerals, said Piyush Goyal, Secretary of the concerned Ministry. Speaking…
After the capital infusion, the number of MSMEs to be provided financial assistance is expected to increase from 76.26 lakh at the end of the financial year 2024-25 to 102 lakh by the end of the financial year 2027-28. File | Photo Credit: The Hindu The Union Cabinet on Wednesday (January 21, 2026) approved an…
“There are States that provide free electricity or subsidised electricity. If they provide for the subsidies, there is no pressure on the discoms; however, the absence of providing for subsidies translates to losses [to discoms],” Power Minister Manohar Lal Khattar said. File | Photo Credit: The Hindu The Ministry of Power on Wednesday (January 21,…
A view of the Bombay Stock Exchange Building from Dalal Street in Mumbai with a big screen showing stock news and prices of different stocks. File | Photo Credit: Getty Images Stock market benchmarks ended with losses for the third straight session on Wednesday (January 21, 2026) as heightened geopolitical tensions, weak global peers and…
According to market experts, safe-haven demand has strengthened as investors are shifting away from riskier assets. File | Photo Credit: Getty Images/iStockphoto Gold futures soared by ₹7,774 to scale an all-time high of ₹1,58,339 per 10 grams on Wednesday (January 21, 2026), as global prices breached the ₹$4,800 per ounce-level amid sustained demand for the…
If the strike by the influential forum of the bank unions happens as planned, for customers there will be no branch-level services for four days consecutively. File. | Photo Credit: PTI The United Forum of Bank Unions (UFBU), which consists of nine unions of bank employees and officers, has called for an all India bank…
FILE PHOTO: Gold bars are displayed at a gold jewellery shop in Chandigarh | Photo Credit: AJAY VERMA Gold prices in India have seen an upward trend today, January 21, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides…
Image for representational purposes only. From the 30-Sensex firms, Bharat Electronics, ICICI Bank, Trent, Larsen & Toubro, HCL Tech and Infosys were among the laggards. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty drifted lower in early trade on Wednesday (January 21, 2026) as heightened geopolitical tensions, weak global markets and persistent foreign…
