Indian Business

Reserve Bank of India Deputy Governor Swaminathan J on Friday called for a fundamental shift in banking supervision, stressing that oversight must move from periodic, point-in-time assessments to continuous awareness, as digital risks increasingly redefine financial stability, PTI reported. Speaking at the Third Annual Global Conference of the College of Supervisors on ‘Issues and Challenges…

Employee Stock Option Plans (ESOPs) have emerged as a critical tool for companies to attract and retain talent. Yet, despite their growing use, especially in multinational group structures, the tax treatment of ESOPs in India continues to be riddled with uncertainty, leading to disputes for both employers and employees.Two areas warrant urgent attention which Budget…

IT services firm HCLTech on Monday reported an 11.2% year-on-year decline in consolidated net profit to Rs 4,076 crore for the October–December quarter of FY26, compared with Rs 4,591 crore in the year-ago period.The Noida-headquartered company, however, posted strong top-line growth, with revenue from operations rising 13.3% to Rs 33,872 crore in the third quarter,…

Indian stock markets will remain closed on January 15 after exchanges revised their schedules in view of municipal corporation elections in Maharashtra. Both BSE and NSE have now declared a full trading holiday for the day, replacing an earlier notification that had marked it only as a settlement holiday, ET reported.According to BSE, trading across…

Gold futures rallied sharply on Monday, touching fresh record highs in domestic and international markets as investors flocked to safe-haven assets amid rising geopolitical tensions and renewed focus on developments around the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures for February delivery jumped by Rs 2,431, or 1.8%, to hit a record…

PM Modi on Monday hailed the growing strength of India-Germany ties, highlighting that bilateral trade between the two countries had crossed the 50 billion dollar mark. “Our bilateral trade has reached its highest level ever, surpassing the 50 billion dollar mark. More than 2,000 German companies have a long-standing presence in India. This reflects their…

Budget 2026: For the first time, the Union Budget will be presented on a Sunday! Lok Sabha Speaker Om Birla on Monday confirmed the date for Budget 2026, saying that the Union Budget will be announced on Sunday, February 1.The upcoming Union Budget will be presented by Finance Minister Nirmala Sitharaman, marking the eighth time…

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Alkem Laboratories, and MTAR Technologies. Here’s his view on Nifty, Bank Nifty for the week starting January 12, 2026:Nifty View:Last week began on a euphoric note…

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 12, 2026) are Groww, and Titan. Let’s take a look: Stock Name CMP (RS) Target (RS) Upside Groww 159 185 16% Titan 4205 5000 19% GrowwGroww has scaled fastest among…

Bank holiday on Swami Vivekananda’s birth anniversary: Banks will be observing multiple holidays in January 2026, ranging from regional festivals to nationwide observances. On January 12, some banks will remain closed to mark the birth anniversary of Swami Vivekananda. Keeping track of bank holidays is essential for planning financial activities, as physical banking services will…