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The govt introduced two new components of the Export Promotion Mission to simplify and reduce credit access costs for exporters. This follows the Commerce Ministry’s recent market access scheme guidelines under the EPM. With these launches, three of the 11 schemes announced in Budget 2025 and approved by the Cabinet in November are now operational.
Indian equities closed higher on broad-based buying, led by bank, auto, and metal stocks, while FMCG lagged. The BSE Sensex rose 573.41 points to 85,762.01, and NSE Nifty50 gained 182 points to 26,328.55, touching an intra-day high of 26,332.15. Midcap indices also advanced, with Nifty Midcap 100 up 1.01% and Nifty Smallcap 100 up 0.72%.
Zomato founder Deepinder Goyal dismissed a gig workers’ strike as ineffective, calling some protestors “miscreants” and claiming 75 lakh deliveries on December 31. The Telangana Gig and Platform Workers’ Union rejected the claims, accusing platforms of intimidation, and reiterated demands for fair pay, and a ban on 10-minute deliveries.
Gold rates surged sharply in the Hyderabad bullion market today. The price of 10 grams of 24-carat gold rose by ₹1,140 to reach ₹1,36,200, while 22-carat gold climbed ₹1,050 to ₹1,24,850. In contrast, silver prices dipped, with one kilogram falling by ₹100 to ₹2,55,900. Similar rates are reported across both Telugu states.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, January 2, 2026. The Sensex started trading today at 85267.18, up at 78.58 points or 0.09%, and the Nifty was at 26168.05, up at 21.50 points or 0.08%. Meanwhile, the Indian rupee was trading today at 89.96 against the dollar.
The GST cut, income tax rebate, and RBI’s rate reduction boosted automobile sales, with Maruti Suzuki, Mahindra and Toyota Kirloskar reporting over 20% YoY growth. Partho Benerjee expects 6–7% sector growth in 2026. Meanwhile, Vodafone Idea received a ₹638 crore GST penalty but will challenge it, following recent AGR relief from the govt.
Goods and Services Tax (GST) collections in India hit a record milestone, with December 2025 recording around ₹1.75 lakh crore, marking a 6.1% rise compared to the same month last year. Officials highlighted that, cumulatively, GST collections for the last financial year reached ₹22.08 lakh crore, reflecting strong economic activity and compliance.
The RBI has released the January 2026 bank holiday schedule for Andhra Pradesh and Telangana. As per the calendar, banks will remain closed on January 1 for New Year’s Day, January 10 for the second Saturday, January 14 for Pongal, Jan 24 for the fourth Saturday, and Jan 26 in observance of Republic Day. Customers […]
On January 1, 2026, Indian equity markets closed largely flat in the first trading session of the year. BSE Sensex ended at 85,188.6, down 32 points, while NSE Nifty50 rose slightly to 26,146.55. Midcap stocks gained 0.44%, smallcaps slipped 0.05%, reflecting a cautious start amid limited market cues.
UPI transactions touched an all-time high in December 2025, recording 21.6 billion payments with a total value of ₹27.97 lakh crore. This marked a 29% rise compared to the same month last year. The system handled an average of ₹90,217 cr daily, while active UPI QR codes across India reached 709 mn, highlighting rapid digital […]
Liquor sales in Telangana have hit an unprecedented high, with over ₹350 crore recorded on New Year’s Eve alone. Amid the Panchayat polls and festive celebrations in December, total sales have reached around ₹5,050 crore. The state also generated ₹1,350 crore in revenue over the last six days, marking a historic peak in liquor-related income.
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, January 1, 2026. The Sensex started trading today at 85429.30, up at 208.70 points or 0.24%, and the Nifty was at 26187.25, up at 57.65 points or 0.22%. Meanwhile, the Indian rupee was trading today at 89.93 against the dollar.
The Union Cabinet has approved a five-year freeze on Vodafone Idea Ltd’s Adjusted Gross Revenue dues, an official confirmed. This move provides the telecom company with much-needed breathing space to stabilize its finances. The decision aims to help Vodafone Idea raise funds and strengthen its operations for long-term survival.
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, December 31, 2025. The Sensex started trading today at 84793.58, up at 118.50 points or 0.14%, and the Nifty was at 25975.45, up at 36.60 points or 0.14%. Meanwhile, the Indian rupee was trading today at 89.86 against the dollar.
Warner Bros. Discovery plans to again reject Paramount Skydance’s takeover bid, sources say. The board, meeting next week, is concerned Paramount hasn’t raised its offer, considered inferior to Netflix’s deal for Warner Bros.’ studio and streaming assets. Paramount, led by Larry Ellison, faces scrutiny over debt, job cuts, and lack of breakup-fee guarantees.