Piccadily Agro Industries Ltd., a leading premium alco-bev manufacturer, saw its net profit nearly doubling in the October-December quarter. The surge was driven by the rising demand for its single-malt and premium portfolio. The company’s revenue from operations stood at Rs 313.8 crore, registering a robust 52.5% growth over Rs 205.72 crore in the year-ago period. The earnings before…
Union Budget 2026 will be read less like a policy document and more like a report card—marked by two examiners who rarely agree but always pay: the parent who funds the journey, and the student who carries its weight. For students, the Budget is not a speech; it is a promise about ordinary days. It…
India has transformed its crude sourcing strategy, reducing Russian crude barrels while increasing its Middle Eastern shipments. Though Moscow still has a share in New Delhi’s oil inflows, the volumes are down due to compliance risks. Data from analytics firm Kpler shows that in the first three weeks of January 2026, the country imported about…
The combined market valuation of nine of the top-10 most valued firms slumped by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities. Last week, the BSE benchmark Sensex tanked 2,032.65 points or 2.43%. “Markets witnessed a sharp sell-off during the week, with…
Infosys is asking its work-from-home employees to share details of their household electricity consumption as part of the company’s efforts to map the electricity usage of its hybrid workers. Infosys’ work-from-home employees have received an internal mail from its Chief Financial Officer Jayesh Sanghrajka, announcing an electricity consumption survey, which is about a few minutes long,…
The National Stock Exchange (NSE) and BSE will remain closed on Jan. 26 to mark Republic Day, according to the NSE’s official holiday list. This is the second stock market holiday in January after Jan. 15. Trading in equity derivatives, securities lending and borrowing (SLB), currency derivatives and electronic gold receipts (EGR) will remain suspended…
A patriotic atmosphere has surrounded India as the country prepares to celebrate the 77th Republic Day on Jan. 26. The main event, the Republic Day parade, will take place at Kartavya Path in Delhi to mark the adoption of the Indian Constitution in 1950. Across the country, celebrations are held to honour the nation’s history…
India’s crude oil sourcing strategy has shown a clear shift toward lower-risk and more execution-reliable supply, with the Middle Eastern barrels gaining share as Russian crude flows remain present but increasingly selective and compliance-driven. Import of Russian crude oil dropped to around 1.1 million barrels per day in the first three weeks of January, from…
Japanese Prime Minister Sanae Takaichi sent a fresh warning to financial markets amid a weakening yen and surging bond yields, saying the government will be ready to take action. “It is not for me as a prime minister to comment on matters that should be determined by the market, but we will take all necessary…
The International Cricket Council (ICC) has delivered a stern message to the Pakistan Cricket Board (PCB) in the wake of its chief, Mohsin Naqvi’s comments about Pakistan potentially bowing out of the upcoming T20 World Cup. Naqvi had hinted that Pakistan may decide to withdraw from the tournament following the ICC’s decision to eliminate Bangladesh,…
