Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy's future. This move boosted tech and financial stocks across Asia. Investors anticipate positive trends for Asian equities and currencies. Export companies are expected to benefit from improved US growth prospects.
The Election Commission of India has extended the deadline for updating electoral rolls in West Bengal. The final publication is now set for February 14, 2026. This comes as the Supreme Court has issued a notice regarding the safety of Booth Level Officers conducting the intensive revision.
China has issued new export licenses for rare-earth magnets to suppliers of US automaker Ford Motor. This move aims to boost shipments and reduce shortages of vital components. The general licenses were agreed upon after a meeting between Presidents Xi Jinping and Donald Trump. This development is expected to streamline supply chains for some companies.
Large-cap stocks are expected to lead market gains in the coming years. Motilal Oswal Financial Services chairman Raamdeo Agrawal sees significant potential in autos and capital markets. He believes the economy is transitioning towards car ownership, similar to China's growth phase. Specific companies in these sectors are highlighted as strong investment opportunities for wealth creation.
Pension regulator PFRDA has revised investment rules, allowing private pension funds to invest in the top 250 market-cap stocks and gold/silver ETFs for better returns. These changes aim to boost pension fund popularity by offering wider options to savers, with the private sector overseeing ₹15.78 trillion in assets.
Amazon will step up investments in India to $35 billion by 2030 — an increase of about $20 billion from a previously stated commitment — as it ramps up 10-minute delivery and doubles down on other businesses, said Amit Agarwal, its senior vice-president for emerging markets. The latest investment pledge follows an announcement two years ago that it would plough in $15 billion by 2030. A large part of that--around $12.7 billion--was toward artificial intelligence (AI) and cloud infrastructure through Amazon Web Services (AWS).
India's National Supercomputing Mission (NSM) has achieved key milestones under phase 1, deploying 37 indigenous supercomputers totalling 39 petaflops across institutions, with 10 more systems slated for completion by March 2026 using the homegrown Rudra servers. With this, the total compute power will become 95 petaflops, NSM mission director Hemant Darbari told ET.
Outlining how India’s push in electronics manufacturing and semiconductors is now extending deep into the supercomputing ecosystem, India Semiconductor Mission (ISM) chief executive Amitesh Kumar Sinha noted that electronics production has grown sixfold over the past decade, while exports have risen eight times.
Within the deeptech ecosystem, BYT will deploy capital across sectors, including IP-led innovation and promoting lab to market innovation. The fund will back sub sectors such as space technology, life sciences, robotics, and clean energy. It will invest in 18-20 deeptech startups, with Rs 3-6 crore initial cheques and 55% of the corpus reserved for follow-on rounds.
Microsoft CEO Satya Nadella confirms Copilot is processing all local data domestically.
Bringing back elite chip design experts from overseas could be a game-changer for India's semiconductor industry, said Intel CEO Lip-Bu Tan told us during an interview. He emphasises India's unique position to thrive in both AI and semiconductors.
Boat's IPO plans face scrutiny as auditors noted mismatches in lender filings and company books. Concerns were also raised about fund utilisation and un-reported transactions. The company has taken steps to rectify these issues.
Uber announced entry into Indian B2B logistics space with launch of Uber Direct, powered by ONDC. Singh was speaking on the sidelines of the launch of Uber’s B2B logistics service in Bengaluru. Uber Direct will initially deliver groceries for partners like Zepto and KPN Farm Fresh and has plans to onboard restaurant partners such as KFC, Burger King, Taco Bell, and Rebel Foods, over the next few weeks.
Silver prices surged by ₹11,500 to a fresh peak of ₹1,92,000 per kilogram in New Delhi, marking the steepest single-day rise in nearly two months. This surge was driven by robust domestic demand and global cues, with silver prices adding over 114% year-to-date.
Wakefit Innovations' IPO saw a subscription of 2.52 times, with strong interest from retail and qualified institutional investors. Meanwhile, Corona Remedies' pharmaceutical IPO was heavily oversubscribed at 137.04 times, driven by significant demand from qualified institutional and non-institutional investors.
TotalEnergies Renewables Indian Ocean divested shares worth ₹2,778.1 crore in Adani Green Energy through a block deal on Wednesday. The entity sold 2.86 crore shares at ₹970 each, reducing its stake by 1.74%. Quant Mutual Fund and Authum Investment & Infrastructure were among the buyers.
Kotak Securities is optimistic about the stock markets, setting a Nifty target of 29,120 by December 2026, driven by strong earnings growth expectations. The brokerage anticipates over 17% earnings growth for 2027, with improved macro conditions and policy decisions expected to fuel gains. They favor BFSI, technology, healthcare, and hospitality sectors, while also noting positive outlooks for gold and silver.
Adani Enterprises' ₹25,000 crore rights issue concluded with 108% subscription, attracting applications for 149.5 million shares. The issue, priced at ₹1,800 per share, saw public investors oversubscribe their portion by 30%. Funds raised will be used for debt reduction and capital expenditure.
United States trade officials report receiving unprecedented offers from India on a proposed bilateral trade agreement. Negotiators are currently in New Delhi for further discussions. While progress is noted, some resistance exists regarding specific agricultural products and meats. Both nations aim to finalize the initial phase of the agreement, with trade experts advising caution on agricultural concessions.
IndiGo faces a 10% capacity cut, impacting its expansion plans with an effective reduction of only 70 flights. This directive follows thousands of cancellations, leading to intensified DGCA scrutiny and on-site inspections. While fares may see mixed impacts, rival airlines caution about their ability to absorb the demand gap.
Savings deposits in rural centres also posted a robust 10% increase, the fastest pace in six quarters. Experts attribute this shift to rising rural incomes while growth in the metro areas appears to be losing momentum as financially savvy investors increasingly divert funds into higher-yielding avenues such as mutual funds and equities.
December's PS Plus Game Catalog additions are here, featuring Assassin's Creed Mirage and the unique skateboarding sim Skate Story. Subscribers can also enjoy Granblue Fantasy: Relink, Cat Quest III, and more. This lineup offers a diverse range of genres for both PS4 and PS5 players, with Skate Story already available and other titles launching December 16.
Infosys stock has broken out of a bullish technical pattern. This suggests a potential upward movement for the IT major. Experts recommend buying the stock now or on minor dips. The target price is set at Rs 2,000 within the next three to four months. This development offers an attractive opportunity for investors in the IT sector.
America has seized a large oil tanker near Venezuela. President Donald Trump confirmed the action. This move escalates tensions with Caracas. Oil prices saw a rise following the news. The tanker is believed to be the Skipper. This is the first known seizure of an oil tanker by the US in the region.
Kelly Osbourne has hit back at online trolls criticizing her dramatic weight loss. She stated her father, Ozzy Osbourne's, recent death has made it difficult to eat. Her mother, Sharon Osbourne, defended Kelly, calling critics unhappy and jealous. Kelly previously addressed speculation about using Ozempic, emphasizing her grief.