Anil Agarwal, a noted business leader, has expressed deep sorrow after the sudden death of his son, Agnivesh. The 49-year-old died of a sudden cardiac arrest following a skiing accident in New York. The news has prompted an outpouring of sympathy from family, friends and professional circles. Details of the incident According to the initial … Read more
Rupee slips to 90.16 in interbank trade The Indian rupee opened stronger at 89.88 against the US dollar in the interbank foreign exchange market but lost ground during the session to settle at 90.16 (provisional). That marks a decline of 26 paise from the previous close. Intraday movement and market tone The currency’s initial strength … Read more
Markets turn cautious as Supreme Court tariff ruling nears Investors moved to the sidelines ahead of a key U.S. Supreme Court decision on Friday, January 9, 2026, that could resolve legal challenges to tariffs linked to former President Donald Trump. The uncertainty around the ruling has cast a shadow over trading, with many market participants … Read more
Why one more layer of diversification matters Most investors already diversify across asset classes (stocks, bonds, cash) and market cap (large-, mid-, small-cap). But there is a third, often overlooked layer that can materially change long-term results: diversification across investing styles — growth, value and factor-based strategies. Adding this layer helps protect a portfolio during … Read more
The High Court has put a hold on a Union government directive that sought to transfer an offshore oil and gas block in Gujarat from Vedanta to ONGC. The court’s order preserves the current situation while the legal challenge proceeds, preventing any immediate handover or operational changes related to the block. What the status quo … Read more
Three-year fixed deposits are currently yielding interest rates that most banks have set between 6% and 6.75% per annum. For savers who prefer low-risk, predictable returns, this range defines the short-to-medium term opportunity cost of parking funds in bank FDs. What the 3-year FD rate range means When banks quote 6–6.75% p.a. for a three-year … Read more
Parent company Eternal received a goods and services tax (GST) penalty notice for ₹3.69 crore on 6 January 2026, citing a short payment of output tax. The notice raises questions about tax compliance and market reaction, but the immediate financial hit is relatively small for a large, listed technology-led consumer company. Here’s a clear look … Read more
Concern that the United States could impose further tariffs, combined with weak sentiment in domestic equity markets, has put renewed pressure on the local currency, forex traders say. The mood in both global trade policy and stock markets is prompting investors to trim risk, prompting capital outflows and weighing on the exchange rate. Why tariff … Read more
The Indian rupee opened the interbank foreign exchange market at 88.88 against the US dollar and later slipped to 89.97, registering a decline of 7 paise from its previous close. The early session movement highlights renewed volatility in the currency market as traders weigh global and domestic cues. Market snapshot Opening rate: 88.88 per US … Read more
In December, tax authorities flagged a large number of income tax returns where taxpayers claimed exemptions or deductions in their ITRs that did not appear in their Form 16. These mismatches can trigger queries, delay refunds and sometimes lead to notices — but most are avoidable with a bit of reconciliation and timely documentation. Why … Read more