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Chennai-based drone startup Garuda Aerospace signed an MoU with Bharat Electronics Limited to jointly pursue opportunities supplying unmanned aerial systems to Indian defense forces. Under the agreement, BEL will act as team leader, while Garuda Aerospace will function as technology partner. The collaboration targets UAS procurement needs.
Precious metal prices surged sharply in the Hyderabad bullion market, with gold and silver scaling fresh highs. 10 grams of 24-carat gold jumped ₹1,090 to ₹1,43,620, while 22-carat gold rose ₹1,000 to ₹1,31,650. Silver stunned traders, soaring ₹15,000 in a day to an unprecedented ₹3,07,000 per kg, marking a historic first in the local commodities […]
Makar Sankranti festivities lit up Naravaripalle in Tirupati district as CM Chandrababu joined Bhogi celebrations with villagers and family members. The CM lit traditional bonfires, exchanged greetings, and shared festive moments with locals. He prayed for prosperity, warmth, and brighter lives for people across AP during the harvest festival season.
The Sensex and Nifty opened at fresh record levels in early trade on Wenesday, January 14, 2025. The Sensex started trading today at 83573.11, down at 54.58 points or 0.07%, and the Nifty was at 25724.40, down at 7.90 points or 0.03%. Meanwhile, the Indian rupee was trading today at 90.10 against the dollar.
Gold surged to a record Rs 1.45 lakh per 10 grams and silver jumped to an all-time high of Rs 2.71 lakh per kg in Delhi amid strong safe-haven demand. Prices rallied on geopolitical tensions, robust investor interest, and a softer dollar, while markets now await key US inflation data for further cues.
TCS has cut over 30,000 jobs in six months and will continue layoffs amid AI-driven restructuring. Q3 FY26 saw 11,151 employees let go, marking the second consecutive downsizing quarter. Once considered secure, TCS’s move signals potential major workforce reductions across India’s IT sector, affecting entry-level and senior employees alike.
SBI will charge fees for IMPS transfers above ₹25,000 from February 15, 2025. Transfers up to ₹25,000 remain free. Fees range from ₹2 plus GST (₹25,001–₹1 lakh) to ₹10 plus GST (₹2–5 lakh). The bank cites digital service maintenance as the reason, affecting mostly large online transfers via app or internet banking.
If your credit card spending does not match your declared income, the IT Department may increase scrutiny. Swiping cards for friends, routing money as rent, unnecessary reward-based transactions, wallet loading, and large cashback deals are risky. Suspicious activity can trigger notices, and unexplained expenses may be treated as undisclosed income.
On January 13, 2026, Indian markets closed lower as BSE Sensex fell 250 points to 83,627.69 and NSE Nifty 50 ended at 25,732.30, dragged by consumer durables and realty stocks. Top gainers included ICICI Bank, Eternal, and Tech Mahindra, while Trent, L&T, and IndiGo led losses. Midcaps slipped, smallcaps rose modestly, with PSU banks and […]
AP CM Chandrababu is set to launch multiple development initiatives today. He will inaugurate new boys’ and girls’ hostels at SV University, Tirupati, and lay the foundation stone for a ₹126-crore project in Moolapally. TDP Party sources added that a semi-indoor substation and the Sanjeevani project will also be inaugurated in Naravaripalle.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, January 13, 2026. The Sensex started trading today at 84098.49, up at 220.32 points or 0.26%, and the Nifty was at 25848.65, up at 58.40 points or 0.23%. Meanwhile, the Indian rupee was trading today at 90.23 against the dollar.
Apple and Google announced a multi-year partnership under which Apple’s next-generation AI features, including Siri, will be powered by Google’s Gemini technology. The deal marks a shift for Apple’s in-house approach. The companies said Gemini offers the strongest foundation for Apple Foundation Models, enabling new AI-driven user experiences across Apple platforms.
India’s Credit-Deposit ratio has steadily risen from 53% in 2000-01 to 82% by December 15, 2025, reflecting improved financial development and supporting economic growth. SBI Research noted that incremental ratios crossed 100% at times, showing strong credit demand. Banks met this by raising resources from alternative sources despite slow deposit growth.
Indian equities snapped a five-day losing streak on Monday, buoyed by hopes of imminent US–India trade talks. The Sensex rose 302 points to close at 83,878, while the Nifty50 gained 107 points to end at 25,790. Broader markets remained weak as investors awaited December inflation data and the February 1 Union Budget.
The board of Maruti Suzuki India Ltd approved the acquisition of land at Khoraj Industrial Estate in Sanand from the Gujarat Industrial Development Corporation. The move is aimed at expanding the company’s production capacity. This will be Maruti Suzuki’s second manufacturing facility in Gujarat after its existing plant at Hansalpur.