INR rebounds to one-week high

Mumbai, Jan. 7 -- The Indian rupee rose 31 paise to close at 89.87 (provisional) against the US dollar on Wednesday, a one-week high on falling international global crude oil prices. Besides, possible... Read More

Indian economy estimated to expand at 7.4% in FY26, buoyant growth seen in services sector

Mumbai, Jan. 7 -- Indian economy is estimated to have continued its growth momentum this fiscal with the FY26 rate of expansion seen at 7.4%, according to latest date from Ministry of Statistics & Pro... Read More

Benchmarks extend losses for third session, Nifty ends below 26,150

Mumbai, Jan. 7 -- Domestic equity benchmarks ended lower on Wednesday, extending losses for a third consecutive session, as persistent selling pressure in heavyweight stocks weighed on sentiment. The ... Read More

Japanese shares fall sharply from record high

Mumbai, Jan. 7 -- Japanese markets fell sharply from a record high hit the precious day as rising geopolitical tensions prompted traders to book profits. Japan has lodged a strong protest against Bei... Read More

RBI auctions T-bills worth Rs 29,000 crore amid strong demand

Mumbai, Jan. 7 -- The Reserve Bank of India conducted its Treasury Bills auction on 7 January 2026, witnessing strong demand across all maturities, with bids significantly exceeding the notified amoun... Read More

Economic Buzz: Eurozone annual inflation down to 2.0% in December

Mumbai, Jan. 7 -- Euro area annual inflation is expected to be 2.0% in December 2025, down from 2.1% in November according to a flash estimate from Eurostat, the statistical office of the European Uni... Read More

Economic Buzz: German construction activity expands for first time in nearly 4 years

Mumbai, Jan. 7 -- Germany's construction sector expanded for the first time since early 2022 on rebound in civil engineering activity, purchasing managers' survey results from S&P Global showed on Wed... Read More

Infosys announces strategic collaboration with Cognition

Mumbai, Jan. 7 -- Infosys and Cognition, the leading AI coding agent company and makers of Devin, the first AI software engineer, today announced a strategic collaboration to scale Devin across global... Read More

Crisil Ratings reaffirms ratings of Kabra Extrusiontechnik at 'A/A1' with 'negative' outlook

Mumbai, Jan. 7 -- Crisil Ratings stated that the continuation of negative outlook takes into account subdued operational performance of the company in the first half of fiscal 2026. Battery division c... Read More

Quick Wrap: Nifty IT Index gains 1.87%

Mumbai, Jan. 7 -- Nifty IT index ended up 1.87% at 38688.8 today. The index has gained 0.00% over last one month. Among the constituents, Persistent Systems Ltd rose 4.23%, Oracle Financial Services S... Read More

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