Category: 1 Minute-Read

Categories
1 Minute-Read

FPIs sell ₹3,963 cr in Indian stocks

Foreign Portfolio Investors (FPIs) remained net sellers in the Indian equity market, pulling out nearly ₹3,963 crore during the past week.

The continued outflow was driven by growing global trade uncertainties and geopolitical tensions, which have made overseas investors cautious about emerging markets, including India. Data from depositories showed that selling pressure intensified towards the end of the week, weighing on overall market sentiment.

Despite the foreign sell-off, domestic institutional investors provided some support, helping limit sharper declines. Market experts say FPI behaviour is likely to remain volatile in the near term, depending on global economic signals and trade-related developments.

Categories
1 Minute-Read

Nestlé India confirms local formula safe for consumers

Nestlé India has clarified that the infant formula recalled globally is not sold in India. All baby formula brands available domestically are produced locally and comply with Food Safety and Standards Authority of India (FSSAI) regulations.

The company stressed that none of the recalled international batches are distributed in India. The global recall was a precautionary measure due to a quality issue in an ingredient, with no reported illnesses linked to the products.

Nestlé India reassures consumers that its locally made formulas remain safe for use and meet stringent safety standards.

Categories
1 Minute-Read

IREDA shares drop 4% ahead of Q3 FY26 results

Indian Renewable Energy Development Agency (IREDA) is in focus as it prepares to announce its Q3 FY26 results. The stock has seen profit booking recently, losing nearly 4% over the week after earlier gains.

Analysts expect steady growth in renewable energy loans, stable earnings, and improved asset quality, supported by strong loan disbursements and approvals. Investors will closely watch net interest income, margins, and non-performing assets.

Technical trends indicate potential upside if key support levels hold, making the upcoming quarterly results critical for market sentiment around this PSU lender.

Categories
1 Minute-Read

HUL gets ₹1,560 cr tax demand

Hindustan Unilever Ltd (HUL), the Indian arm of global FMCG major Unilever, has received a tax demand of ₹1,560 crore (around $174 million) from Indian income tax authorities.

The order relates to the assessment year 2021–22 and includes issues linked to transfer pricing and certain tax disallowances.

In a regulatory filing, HUL said it disagrees with the assessment and will challenge the order through legal channels. The company added that the demand is not expected to have any significant impact on its financial position or ongoing operations. No penalties have been imposed at this stage.

Categories
1 Minute-Read

Trent revenue ₹5,220 cr, shares drop 8%

Tata Group’s retail arm, Trent Ltd, saw its shares fall over 8% after its Q3 FY26 update. The company reported ₹5,220 crore in standalone revenue, up 17% year-on-year, but growth was flat sequentially and below some analyst estimates.

Trent expanded its footprint, adding 17 Westside and 48 Zudio stores during the quarter. While Morgan Stanley maintained an overweight rating, other analysts flagged slowing demand and rising competition in the retail sector.

Investor caution led to a market value drop of roughly ₹13,000 crore, highlighting concerns over near-term performance despite overall revenue gains.

Categories
1 Minute-Read

NITI Aayog flags rising trade deficit, urges stronger FTA use

NITI Aayog has raised concerns over India’s widening trade deficit with Free Trade Agreement (FTA) partners, stressing the need to boost competitiveness in existing agreements.

In the first quarter of 2025‑26, exports to FTA countries fell 9 per cent to $38.7 billion, while imports rose 10 per cent to $65.3 billion, pushing the trade deficit up 59 per cent to $26.7 billion.

The think-tank’s Trade Watch Quarterly report notes that rising import demand, especially for inputs and energy, is outpacing export growth, highlighting the urgency for deeper integration and better utilization of FTAs to strengthen trade performance.

Categories
1 Minute-Read

Intel reveals AI‑ready Panther Lake chips

Intel has unveiled its next-generation PC processors at the Consumer Electronics Show (CES) in Las Vegas, marking a key step in its push to regain leadership in the global chip market.

The new Intel Core Ultra chips are designed for laptops and are built to deliver better performance, improved power efficiency, and stronger artificial intelligence capabilities.

Intel said the processors will support advanced AI features directly on devices, reducing reliance on cloud computing. The chips are expected to power a wide range of new PCs launching later this year, as competition intensifies with rivals such as AMD and Nvidia.

Categories
1 Minute-Read

Copper hits $13,000 after Chile mine strike

Global copper prices jumped to a record level of around $13,000 per ton following a strike at a major copper mine in Chile, the world’s top copper producer.

The work stoppage disrupted supply at a time when global inventories are already low, intensifying concerns over availability. Strong demand from construction, renewable energy, electric vehicles and power infrastructure has further supported prices.

Market analysts say fears of prolonged supply shortages are driving the rally, with any delay in mine operations likely to keep prices elevated.

The surge highlights growing pressure on industrial metal markets worldwide.

Categories
1 Minute-Read

Bank employees’ unions nationwide strike looms on January 27

Bank unions under the United Forum of Bank Unions (UFBU) have announced a nationwide strike on January 27, 2026, demanding the implementation of a five-day work week for banking staff.

The demand stems from the 2024 wage revision settlement, which proposed extended holidays without reducing total working hours. UFBU warns that continued government inaction could disrupt operations in public sector banks, though digital banking services and ATMs are expected to remain functional.

The move reflects ongoing tensions between bank employees seeking better work-life balance and management adherence to existing agreements. Customers are advised to plan accordingly.

Categories
1 Minute-Read

DGCA bans power bank use on flights

The Directorate General of Civil Aviation (DGCA) has banned using power banks to charge devices on flights to prevent fire hazards from lithium-ion batteries.

Passengers can carry power banks and spare batteries only in hand luggage, not in checked bags or overhead compartments. Airlines are required to inform travelers about these safety rules and ensure compliance.

The move follows global concerns over in-flight fires caused by improperly handled or charged power banks. Travelers should also avoid using seat charging ports for power banks to reduce the risk of onboard accidents.