Business

Reliance Industries Limited (RIL) stock tumbled 5% on Tuesday, falling to an intraday low of Rs 1,497.05 on the Bombay Stock Exchange. The share price plunged after RIL denied a Bloomberg report claiming that its Jamnagar refinery will be receiving three ships of Russian crude oil.On the BSE, the stock closed at 1507.70, shedding 69.75…

Gold prices continued to climb on Tuesday as investors turned towards safe haven assets amid growing political instability in Venezuela and rising US-Latin America tensions. On the domestic front, February gold futures on the Multi Commodity Exchange (MCX) rose by Rs 445, or 0.32%, to Rs 1,38,565 per 10 grams, with 14,949 lots traded. Internationally,…

This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…

What if someone knows what is about to happen and bets on it? This is just what many people are wondering after a mystery trader walked away with a payout of more than $436,000 from an online prediction market, after US announced the capture of Venezuela’s former President, Nicolas Maduro, according to CBS news.An anonymous…

The United States has tightened the noose for foreign travellers looking to enter the country. The Trump administration has now widened a visa rule that requires applicants from certain countries to post a hefty financial bond, adding 7 more countries to the list.The changes, were made without a formal which were reflected in a notice…

Rupee began strong on Tuesday, strengthening by 18 paise to 90.12 against the US dollar, snapping its four-day losing streak.The currency’s rebound comes a day after it ended lower on Monday, closing at 90.30 against the greenback amid ongoing geopolitical uncertainty and weak domestic equities. According to traders, after the American military operation in Venezuela,…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on January 6, 2026 are: Prestige, Great Eastern Shipping Company, and Nuvama. Let’s take a look:PRESTIGE – Buy in the range between Rs 1671…

MUMBAI: Large banks show a continued trend of credit growth outpacing deposit mobilisation in the quarter ended Dec 31, 2025, with most lenders reporting advances rising faster than liabilities, and shifting deposit mix in favour of term deposits over current and savings accounts (CASA).India’s largest private bank HDFC Bank reported gross advances of around Rs…

General Motors reported a dip in fourth-quarter US auto sales Monday, reflecting a sharp decline in electric vehicle transactions amid a broader slowing car market.But the US auto giant also achieved an annual sales increase, pointing to growth in pickups and crossovers sales as evidence of resonance with consumers despite offering lower incentives than the…

Copper touched $13,000 a ton for the first time, extending last year’s scorching rally as mine outages and trade dislocations fuel concerns over supplies of the key industrial metal. Benchmark futures rallied as much as 4.3% in London. A strike at the Mantoverde mine in Chile was just the latest supply disruption at a time…