https://thedailychronicle.live/c/business Business en-IN https://thedailychronicle.live/a/2026-09-01-msci-india-index-adds-four-stocks-removes-three-in-august-review-f8299540be https://thedailychronicle.live/a/2026-09-01-msci-india-index-adds-four-stocks-removes-three-in-august-review-f8299540be Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Groww have been added to the MSCI India Index, while Balkrishna Industries, SBI Cards and Payment Services, and Astral have been removed. The changes take effect on September 1, 2026. Tue, 01 Sep 2026 00:50:08 GMT https://thedailychronicle.live/a/2026-08-31-indian-stock-indices-open-lower-amid-geopolitical-tensions-and-msci-ch-475d6dbe7e https://thedailychronicle.live/a/2026-08-31-indian-stock-indices-open-lower-amid-geopolitical-tensions-and-msci-ch-475d6dbe7e The Sensex and Nifty 50 opened lower on August 31, as MSCI’s quarterly index changes took effect and geopolitical tensions rose after US forces struck Iranian launchers. Mon, 31 Aug 2026 11:54:35 GMT https://thedailychronicle.live/a/business-2026-01-28-markets-extend-gains-on-india-eu-trade-pact-optimism-itc-adani-enterpr https://thedailychronicle.live/a/business-2026-01-28-markets-extend-gains-on-india-eu-trade-pact-optimism-itc-adani-enterpr Indian markets closed higher on January 28, 2026 amid positive sentiment linked to the India–EU trade agreement and broader risk-on cues. Attention now shifts to a packed Q3 results slate on January 29, with ITC, Adani Enterprises, Paytm, Swiggy, Vedanta and others set to report. Wed, 28 Jan 2026 21:17:25 GMT https://thedailychronicle.live/a/business-2026-01-28-adani-group-signs-mou-with-odisha-government-for-rs-2-3-lakh-crore-inv https://thedailychronicle.live/a/business-2026-01-28-adani-group-signs-mou-with-odisha-government-for-rs-2-3-lakh-crore-inv Adani Group has signed an MoU with the Odisha government committing an investment of Rs 2.3 lakh crore over the next five years. The proposed investment spans multiple sectors, and was signed during the Utkarsh Odisha–Make in Odisha conclave, with state officials calling it one of the biggest investment intents at the event. Wed, 28 Jan 2026 21:11:28 GMT https://thedailychronicle.live/a/business-2026-01-28-juspay-raises-50-million-from-westbridge-capital-at-1-2-billion-valuat https://thedailychronicle.live/a/business-2026-01-28-juspay-raises-50-million-from-westbridge-capital-at-1-2-billion-valuat Payments infrastructure firm Juspay announced it has secured $50 million from WestBridge Capital in a Series D follow-on round, valuing the company at $1.2 billion. The round includes primary and secondary components and is aimed at supporting international growth and product development while offering liquidity to early stakeholders. Wed, 28 Jan 2026 21:06:21 GMT https://thedailychronicle.live/a/business-2026-01-27-bank-unions-proceed-with-january-27-nationwide-strike-over-five-day-wo https://thedailychronicle.live/a/business-2026-01-27-bank-unions-proceed-with-january-27-nationwide-strike-over-five-day-wo The United Forum of Bank Unions said a one-day strike on January 27 would go ahead after conciliation talks failed, pressing the government to approve a five-day work week plan negotiated earlier. Tue, 27 Jan 2026 21:04:48 GMT https://thedailychronicle.live/a/business-2026-01-27-budget-2026-27-preparations-enter-final-phase-with-halwa-ceremony-at-n https://thedailychronicle.live/a/business-2026-01-27-budget-2026-27-preparations-enter-final-phase-with-halwa-ceremony-at-n Finance Minister Nirmala Sitharaman attended the Halwa Ceremony on 27 January 2026, marking the start of the final stage of Union Budget preparation and the customary confidentiality ‘lock-in’ for officials. Tue, 27 Jan 2026 20:53:49 GMT https://thedailychronicle.live/a/business-2026-01-27-bank-strike-on-27-january-disrupts-public-sector-operations-as-unions- https://thedailychronicle.live/a/business-2026-01-27-bank-strike-on-27-january-disrupts-public-sector-operations-as-unions- Public-sector bank unions across India struck on 27 January 2026, citing stalled approval for a five-day work week and all-Saturday holidays. Customers are being warned of branch-level disruptions, while digital channels and private banks are expected to keep functioning normally. Tue, 27 Jan 2026 20:47:59 GMT https://thedailychronicle.live/a/business-2026-01-27-india-eu-mother-of-all-ftas-announced-96-trade-to-go-tariff-free-over- https://thedailychronicle.live/a/business-2026-01-27-india-eu-mother-of-all-ftas-announced-96-trade-to-go-tariff-free-over- India and the European Union have finalised a wide-ranging free trade agreement designed to reduce tariffs across most traded goods over phased timelines, while keeping sensitive sectors such as cereals, dairy and small cars outside key concessions. Tue, 27 Jan 2026 20:43:28 GMT https://thedailychronicle.live/a/business-2026-01-27-indigo-starts-non-stop-india-greece-flights-linking-mumbai-and-delhi-d https://thedailychronicle.live/a/business-2026-01-27-indigo-starts-non-stop-india-greece-flights-linking-mumbai-and-delhi-d IndiGo has launched the first non-stop, direct flights between India and Greece, operating Mumbai–Athens and Delhi–Athens services three times a week. The airline said services began in January 2026 using Airbus A321XLR aircraft, cutting travel time by avoiding stopovers in hubs. Tue, 27 Jan 2026 20:36:59 GMT https://thedailychronicle.live/a/business-2026-01-27-bank-unions-call-nationwide-strike-on-january-27-over-demand-for-five- https://thedailychronicle.live/a/business-2026-01-27-bank-unions-call-nationwide-strike-on-january-27-over-demand-for-five- Bank employee and officer unions under the United Forum of Bank Unions (UFBU) announced a one-day nationwide strike on January 27, citing delays in implementing a five-day work week with all Saturdays off, a demand they say was committed to in principle earlier. Tue, 27 Jan 2026 20:31:43 GMT https://thedailychronicle.live/a/business-2026-01-26-jpmorgan-lifts-india-equity-view-sees-nifty-50-reaching-30-000-by-end- https://thedailychronicle.live/a/business-2026-01-26-jpmorgan-lifts-india-equity-view-sees-nifty-50-reaching-30-000-by-end- JPMorgan has raised its base-case target for India’s Nifty 50 to 30,000 by end-2026, citing a supportive macro backdrop and resilient domestic capital flows. The firm reiterated a preference for domestic-facing sectors, arguing that India’s premium market valuations can be sustained if growth, policy alignment and earnings momentum hold up. Mon, 26 Jan 2026 21:31:44 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-nifty-fall-over-4-in-january-as-fpis-sell-rupee-weakens-and-glo https://thedailychronicle.live/a/business-2026-01-26-sensex-nifty-fall-over-4-in-january-as-fpis-sell-rupee-weakens-and-glo India’s benchmark indices Sensex and Nifty slipped more than 4% in January 2026 amid sustained foreign portfolio investor selling, rupee weakness, and underwhelming corporate earnings. Global uncertainty and renewed tariff-related concerns also weighed on risk appetite, as investors turned cautious across emerging markets including India. Mon, 26 Jan 2026 21:27:19 GMT https://thedailychronicle.live/a/business-2026-01-26-budget-2026-deloitte-urges-parity-rules-and-compliance-clarity-to-scal https://thedailychronicle.live/a/business-2026-01-26-budget-2026-deloitte-urges-parity-rules-and-compliance-clarity-to-scal Ahead of India’s Union Budget 2026, Deloitte has recommended policy and tax changes aimed at improving competitiveness for the IFSC at GIFT City. The firm said parity rules, removal of tax asymmetries and clearer compliance would help India position GIFT City as a full-service offshore-style financial hub for global institutions. Mon, 26 Jan 2026 21:18:43 GMT https://thedailychronicle.live/a/business-2026-01-26-indian-markets-shut-for-republic-day-trading-to-resume-next-working-da https://thedailychronicle.live/a/business-2026-01-26-indian-markets-shut-for-republic-day-trading-to-resume-next-working-da BSE and NSE remained closed on January 26, 2026, for Republic Day, pausing trading across segments; markets are scheduled to reopen on the next working day. Mon, 26 Jan 2026 21:07:26 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-slide-over-4-in-january-as-fpi-selling-and-rupee-weak https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-slide-over-4-in-january-as-fpi-selling-and-rupee-weak Indian equities extended a soft January, with benchmarks down more than 4% amid foreign portfolio outflows, a weaker rupee and global risk factors. Investors also watched earnings and external uncertainties as sentiment stayed cautious. Mon, 26 Jan 2026 20:57:18 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-fall-over-4-in-january-as-foreign-outflows-rupee-weak https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-fall-over-4-in-january-as-foreign-outflows-rupee-weak India’s benchmark indices Sensex and Nifty have declined over 4% so far in January 2026 amid foreign portfolio investor selling, a weakening rupee, muted earnings and global uncertainty, with investors looking ahead to Budget 2026-27 for signals on growth and stability. Mon, 26 Jan 2026 20:47:18 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-fall-more-than-4-in-january-as-foreign-selling-rupee- https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-fall-more-than-4-in-january-as-foreign-selling-rupee- Indian equities have slipped sharply through January, with sustained foreign portfolio outflows and a weaker rupee compounding concerns about earnings and external risks, keeping investors cautious ahead of key economic events. Mon, 26 Jan 2026 20:42:35 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-nifty-down-over-4-in-january-as-fpi-selling-weak-rupee-and-glob https://thedailychronicle.live/a/business-2026-01-26-sensex-nifty-down-over-4-in-january-as-fpi-selling-weak-rupee-and-glob Indian equities have had a weak start to 2026, with the Sensex and Nifty slipping more than 4% in January amid foreign portfolio outflows, rupee pressure, softer earnings and a risk-off global backdrop. Investors are watching for any shift in sentiment ahead of the Union Budget 2026-27. Mon, 26 Jan 2026 20:24:20 GMT https://thedailychronicle.live/a/business-2026-01-26-budget-2026-private-space-firms-seek-stronger-government-procurement-a https://thedailychronicle.live/a/business-2026-01-26-budget-2026-private-space-firms-seek-stronger-government-procurement-a Ahead of the Union Budget, India’s private space industry is asking for bigger government procurement commitments and for space assets to be classified as critical infrastructure. Industry voices argue that predictable demand and cheaper, longer-tenure financing are essential to scale launch, satellite manufacturing and downstream data services in a capital-intensive sector. Mon, 26 Jan 2026 20:16:33 GMT https://thedailychronicle.live/a/business-2026-01-26-india-on-track-to-start-commercial-semiconductor-chip-production-in-20 https://thedailychronicle.live/a/business-2026-01-26-india-on-track-to-start-commercial-semiconductor-chip-production-in-20 Electronics and IT Minister Ashwini Vaishnaw said India remains on schedule to begin commercial semiconductor chip production in 2026, aligning with timelines under the India Semiconductor Mission launched in January 2022. The statement reinforces India’s push to build domestic manufacturing capacity and reduce reliance on global supply chains for critical chips. Mon, 26 Jan 2026 20:09:59 GMT https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-slide-over-4-in-january-amid-fpi-sell-off-rupee-weakn https://thedailychronicle.live/a/business-2026-01-26-sensex-and-nifty-slide-over-4-in-january-amid-fpi-sell-off-rupee-weakn India’s benchmark indices Sensex and Nifty fell more than 4% in January 2026, pressured by sustained foreign portfolio investor outflows, a weakening rupee and muted corporate earnings. Market participants are also watching geopolitical tensions, tariff-related worries and the run-up to the Union Budget 2026–27 for clues on the path ahead. Mon, 26 Jan 2026 20:06:00 GMT https://thedailychronicle.live/a/business-2026-01-25-budget-2026-watch-gems-and-jewellery-sector-seeks-gst-cut-and-customs- https://thedailychronicle.live/a/business-2026-01-25-budget-2026-watch-gems-and-jewellery-sector-seeks-gst-cut-and-customs- Ahead of the Union Budget 2026–27, the gems and jewellery industry is asking for GST relief and duty changes to improve export competitiveness amid tough global conditions. Sun, 25 Jan 2026 16:04:17 GMT https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-approval-for-ipo-listing-plan-hinges-on-offer-for-sa https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-approval-for-ipo-listing-plan-hinges-on-offer-for-sa Walmart-backed PhonePe has received SEBI clearance for its proposed IPO, with the issue expected to be largely an offer for sale and potentially among the biggest fintech listings, as investors look closely at UPI-heavy revenues and profitability progress. Sun, 25 Jan 2026 15:59:10 GMT https://thedailychronicle.live/a/business-2026-01-25-india-s-private-sector-activity-rebounds-in-january-as-hsbc-flash-pmi- https://thedailychronicle.live/a/business-2026-01-25-india-s-private-sector-activity-rebounds-in-january-as-hsbc-flash-pmi- A private survey showed India’s private sector regained momentum in January, with the HSBC flash composite PMI rising to 59.5 from 57.8 in December. New orders and output strengthened, hiring resumed, and input prices rose at the fastest pace in four months, pointing to growth with some cost pressure. Sun, 25 Jan 2026 15:49:05 GMT https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-nod-for-ipo-offer-expected-to-be-ofs-only https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-nod-for-ipo-offer-expected-to-be-ofs-only Walmart-backed digital payments firm PhonePe has received regulatory approval from SEBI for its initial public offering, clearing a major hurdle for what could become one of India’s biggest fintech listings. Reports suggest the listing will be structured as an Offer for Sale, with existing shareholders looking to partially exit. Sun, 25 Jan 2026 15:38:35 GMT https://thedailychronicle.live/a/business-2026-01-25-union-budget-2026-investors-look-for-clarity-on-tax-rules-startup-fund https://thedailychronicle.live/a/business-2026-01-25-union-budget-2026-investors-look-for-clarity-on-tax-rules-startup-fund Ahead of the Union Budget 2026, investors are seeking clearer tax rules, simpler compliance, and measures that support startups and capital formation. Market participants are also watching for signals on infrastructure spending and policies that keep India attractive for global money. Sun, 25 Jan 2026 15:31:08 GMT https://thedailychronicle.live/a/business-2026-01-25-padma-awards-2026-131-honours-announced-spotlight-on-unsung-heroes-amo https://thedailychronicle.live/a/business-2026-01-25-padma-awards-2026-131-honours-announced-spotlight-on-unsung-heroes-amo Padma Awards for 2026 were announced on the eve of Republic Day, with 131 civilian honours approved. Reports highlight a focus on recognising grassroots contributors and ‘ordinary Indians with extraordinary contributions’, including a set of Padma Shri awardees described as ‘unsung heroes’. Sun, 25 Jan 2026 15:20:18 GMT https://thedailychronicle.live/a/business-2026-01-25-india-eu-trade-talks-report-says-india-may-cut-import-tariff-on-select https://thedailychronicle.live/a/business-2026-01-25-india-eu-trade-talks-report-says-india-may-cut-import-tariff-on-select India is reportedly preparing a major tariff opening for European cars as part of a trade deal with the EU, with duties on select vehicles said to fall to 40% from levels as high as 110%. Sources told Reuters the change would apply to limited volumes above a price threshold, with further reductions over time. Sun, 25 Jan 2026 15:09:57 GMT https://thedailychronicle.live/a/business-2026-01-25-budget-2026-gems-and-jewellery-industry-seeks-gst-cut-duty-tweaks-and- https://thedailychronicle.live/a/business-2026-01-25-budget-2026-gems-and-jewellery-industry-seeks-gst-cut-duty-tweaks-and- Ahead of the Union Budget 2026–27, the gems and jewellery sector has asked the government for GST rationalisation, customs duty changes and modernised clearance processes to boost exports and handle global trade headwinds. Sun, 25 Jan 2026 14:59:56 GMT https://thedailychronicle.live/a/business-2026-01-25-sbi-report-flags-softer-inflation-trend-sees-scope-for-up-to-125-bps-r https://thedailychronicle.live/a/business-2026-01-25-sbi-report-flags-softer-inflation-trend-sees-scope-for-up-to-125-bps-r A recent SBI research note projected average headline inflation for FY26 at around 3.7%–3.8% (subject to food-price conditions) and suggested CPI could dip below 3% in Q1 FY26. The report also argued that a cumulative 125 basis points of policy-rate cuts may be possible going forward, with liquidity conditions and government dividend transfers potentially supporting a softer yield environment. Sun, 25 Jan 2026 14:51:26 GMT https://thedailychronicle.live/a/business-2026-01-25-gems-and-jewellery-sector-pitches-gst-cut-and-duty-rationalisation-ahe https://thedailychronicle.live/a/business-2026-01-25-gems-and-jewellery-sector-pitches-gst-cut-and-duty-rationalisation-ahe Ahead of Budget 2026–27, the gems and jewellery industry is seeking GST reductions, customs duty rationalisation and policy reforms to boost export competitiveness and cushion global trade headwinds. Sun, 25 Jan 2026 14:40:01 GMT https://thedailychronicle.live/a/business-2026-01-25-gst-collections-rise-6-1-to-over-1-74-trillion-in-december-2025-import https://thedailychronicle.live/a/business-2026-01-25-gst-collections-rise-6-1-to-over-1-74-trillion-in-december-2025-import India’s gross GST collections rose 6.1% year-on-year to over ₹1.74 trillion in December 2025, driven by a sharp rise in revenue from imports even as domestic transaction growth stayed muted. Government data also showed refunds jumped 31%, bringing net GST revenue (after refunds) to over ₹1.45 trillion, up 2.2% year-on-year—an early indicator of how recent tax changes are influencing collections. Sun, 25 Jan 2026 14:34:33 GMT https://thedailychronicle.live/a/business-2026-01-25-nse-and-bse-to-remain-shut-on-26-january-for-republic-day https://thedailychronicle.live/a/business-2026-01-25-nse-and-bse-to-remain-shut-on-26-january-for-republic-day Indian stock markets will be closed on Monday, 26 January 2026, for Republic Day, with trading shut across segments including equities and derivatives. The holiday affects the National Stock Exchange and the Bombay Stock Exchange, impacting normal settlement schedules and market participation for the day. Sun, 25 Jan 2026 14:14:16 GMT https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-clearance-for-ipo-listing-to-be-an-offer-for-sale-by https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-clearance-for-ipo-listing-to-be-an-offer-for-sale-by Walmart-backed PhonePe has received regulatory approval from SEBI for its proposed IPO, a major milestone for India’s fintech ecosystem. Reports say the public issue is structured as a pure offer-for-sale, with no fresh capital being raised by the company, and the next step is filing updated draft papers. Sun, 25 Jan 2026 14:07:42 GMT https://thedailychronicle.live/a/business-2026-01-25-rupee-slides-past-91-per-us-dollar-as-foreign-outflows-and-global-risk https://thedailychronicle.live/a/business-2026-01-25-rupee-slides-past-91-per-us-dollar-as-foreign-outflows-and-global-risk The Indian rupee has weakened sharply in January 2026, breaching the 91-per-dollar level amid persistent foreign portfolio selling and global risk aversion. The currency move raises concerns around imported inflation and higher costs for oil, electronics and overseas expenses, while offering mixed relief to exporters. Sun, 25 Jan 2026 14:03:51 GMT https://thedailychronicle.live/a/business-2026-01-25-india-eu-trade-talks-gather-pace-as-von-der-leyen-visit-signals-push-o https://thedailychronicle.live/a/business-2026-01-25-india-eu-trade-talks-gather-pace-as-von-der-leyen-visit-signals-push-o With Europe’s top executive in New Delhi ahead of summit meetings, India–EU negotiations on a long-awaited free trade agreement are back in focus. The discussions are also expected to cover strategic defence cooperation and measures to ease mobility for Indian professionals. Sun, 25 Jan 2026 13:58:19 GMT https://thedailychronicle.live/a/business-2026-01-25-india-pitches-300-350-billion-green-energy-investment-opportunity-to-g https://thedailychronicle.live/a/business-2026-01-25-india-pitches-300-350-billion-green-energy-investment-opportunity-to-g India is presenting a large investment runway in renewables, storage and green hydrogen-linked infrastructure, with New and Renewable Energy Minister Pralhad Joshi telling global investors that the country offers a stable, scalable ecosystem for clean-energy capital. The pitch, made on the sidelines of the World Economic Forum in Davos, aligns with India’s 2030 targets and a broader push to modernise grids and attract long-term funds. Sun, 25 Jan 2026 13:54:19 GMT https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-nod-for-ipo-offer-planned-as-12-000-crore-ofs https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-nod-for-ipo-offer-planned-as-12-000-crore-ofs Walmart-backed PhonePe has received SEBI approval for its initial public offering, structured as an offer for sale of about ₹12,000 crore, a major milestone for India’s fintech listings and the UPI-led digital payments ecosystem. Sun, 25 Jan 2026 13:50:36 GMT https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-approval-for-ipo-offer-expected-to-be-ofs-only-compa https://thedailychronicle.live/a/business-2026-01-25-phonepe-gets-sebi-approval-for-ipo-offer-expected-to-be-ofs-only-compa Walmart-backed PhonePe has received SEBI’s approval for its proposed IPO, with reports saying it will need to file an updated draft red herring prospectus before moving ahead. The listing is expected to be structured as a pure offer for sale by existing shareholders, meaning the company itself would not raise fresh capital through the issue. The development is being watched as a key test of investor appetite for large fintech listings in India. Sun, 25 Jan 2026 13:37:10 GMT https://thedailychronicle.live/a/business-2026-01-25-markets-end-lower-after-rbi-policy-foreign-outflows-and-mixed-earnings https://thedailychronicle.live/a/business-2026-01-25-markets-end-lower-after-rbi-policy-foreign-outflows-and-mixed-earnings Indian equities settled lower after an RBI policy decision, with investors weighing the central bank’s guidance alongside continuing foreign fund outflows and a mixed corporate earnings season. Stock-specific moves and profit-taking in key sectors contributed to the subdued close. Sun, 25 Jan 2026 13:27:59 GMT https://thedailychronicle.live/a/business-2026-01-25-davos-2026-investcorp-plans-to-deploy-250-million-in-india-across-2-3- https://thedailychronicle.live/a/business-2026-01-25-davos-2026-investcorp-plans-to-deploy-250-million-in-india-across-2-3- Alternative investment manager Investcorp expects to deploy around $250 million in India in 2026, targeting 2–3 transactions and focusing on sectors such as healthcare, consumer, technology/IT services and financial services, its CIO said on the sidelines of WEF in Davos. Sun, 25 Jan 2026 12:37:23 GMT https://thedailychronicle.live/a/business-2026-01-25-rbi-holds-repo-rate-at-5-5-central-bank-projects-lower-inflation-and-r https://thedailychronicle.live/a/business-2026-01-25-rbi-holds-repo-rate-at-5-5-central-bank-projects-lower-inflation-and-r The Reserve Bank of India kept the policy repo rate unchanged at 5.5% while updating its macro outlook, including a lower inflation projection for FY26 and an upward revision to GDP growth expectations, amid external headwinds. Sun, 25 Jan 2026 08:14:56 GMT