Business

22

Jan

By The Press Editor

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Business

One Tap to Safety: Govt weighs ‘kill switch’ for UPI, bank apps to stop digital frauds

During a digital arrest, scammers rely on keeping victims on calls for hours or days, preventing them from seeking help while forcing them to transfer funds. New Delhi: Amid rising cases of digital arrest and online fraud, the Union Ministry of Home Affairs (MHA) is reportedly evaluating a high-tech 'kill switch' and a first-of-its-kind fraud insurance mechanism. According to media reports, the 'kill switch' will be integrated directly into users' UPI and mobile banking applications and, when pressed, will freeze all banking operations and financial transactions on their accounts. The reports hold significance as there has been a surge in…

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22

Jan

By The Press Editor

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Business

When was India’s first budget presented, and by whom? Interesting facts you should know

In contrast to today’s budgets, which keep in mind the welfare of ordinary Indians, the first budget was prepared keeping in mind the economic needs of the colonial administration. New Delhi: As India braces for the Union Budget to be tabled in Parliament on February 1st, several trivia regarding this crucial process of Indian democracy are doing the rounds. As Finance Minister Nirmala Sitharaman delivers the budget speech, people often wonder when the tradition of presenting the budget began in India and what historical significance it holds.  First budget of colonial India The first budget in India was presented on…

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22

Jan

By The Press Editor

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Business

IndiGo shares to be in focus when markets open as Q3 profit plunges 78%, check details

Indigo Share Price: In the third quarter of the current financial year, IndiGo faced massive flight disruptions last month. Mumbai: Shares of InterGlobe Aviation Ltd (INDIGO) will be on investors' radar when markets open on Friday, i.e., January 23, 2026, after the company reported a 78 per cent decline in profit to Rs 549.1 crore for the three months ended December 2025. The country's largest airline had a profit of Rs 2,448.8 crore in the year-ago period, according to a regulatory filing. In the third quarter of the current financial year, InterGlobe Aviation, the parent of IndiGo, recorded a total…

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22

Jan

By The Press Editor

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Business

Union Budget 2026: Big relief for retirees? Minimum pension hike likely, millions to benefit

As per sources, a major announcement for pensioners associated with the Employees' Provident Fund Organisation (EPFO) is likely to be made in the budget or shortly thereafter. New Delhi: With inflation being an unavoidable factor in day-to-day life, retired employees remain concerned about their pensions prior to the Union Budget. After their service, the pensioners expect to receive an amount that can cover their expenses, and they don’t have to be financially dependent on anyone to carry out personal obligations. In this context, a silver lining has emerged ahead of the Union Budget 2026. The government is undertaking a serious…

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22

Jan

By The Press Editor

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Business

Skipped your toll, e-challan? You might be banned from national highways: All you need to know

According to some media reports, the Ministry of Road Transport and Highways (MoRTH) is bracing up to introduce a crucial amendment to the Motor Vehicles Act, 1988. Mumbai: The central government is expected to make crucial changes to the Motor Vehicles Act in the upcoming budget session of the parliament, beginning February 1, 2026. The changes aimed at tightening the screw on traffic violators will ensure that drivers with outstanding traffic fines or unpaid toll taxes are not allowed to drive on national highways. According to some media reports, the Ministry of Road Transport and Highways (MoRTH) is bracing up…

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22

Jan

By The Press Editor

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Business

Shadowfax IPO GMP today: Subscription window to close soon, check listing date and other details

Shadowfax IPO GMO today: The price band has been fixed at Rs 118-124 apiece for the IPO, valuing the company at over Rs 7,100 crore at the higher end. Mumbai: Today is the last day of the three-day subscription window for the initial public offer of logistics services provider Shadowfax Technologies Ltd. The public issue has so far received good response from investors and is fully subscribed. At the time of writing the report, the IPO saw 1.14x subscription, driven by good demand from retail individual investors (RIIs). According to the data available on the National Stock Exchange (NSE), the…

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22

Jan

By The Press Editor

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Business

Share India Securities may announce third interim dividend with Q3 results, check details here

The stock's 14-day relative strength index (RSI) is 25.65. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of technology-driven financial company Share India Securities are in focus today as the company has informed exchanges that its board is scheduled to meet on January 27, 2026, to consider and approve quarterly results for the October-December quarter of the financial year 2025-26. As per the company's announcement in an exchange filing, the board will also evaluate and announce the third interim dividend for the shareholders of the…

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22

Jan

By The Press Editor

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Business

IT stock gains over 6% as markets jump 1% on easing global trade tensions, check details

Last seen, the stock held in green at Rs 17.99 with a gain of 3.69 per cent and the market cap of the company stood at Rs 782.69 crore. Mumbai: Shares of IT and AI-focused company Blue Cloud Softech are in action as stock market benchmark indices Sensex and Nifty jumped 1 per cent in early trade today, i.e. January 22, 2026, led by advances in PSU banks, services and auto stocks as global sentiment improved after easing geopolitical trade tensions, lifting the investor sentiment. On Thursday, the 30-share BSE Sensex climbed 774.04 points, or 0.94 per cent, to 82,683.67…

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22

Jan

By The Press Editor

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Business

Gold drops by Rs 4,085 on MCX, silver too falls amid easing geopolitical tensions | Check city-wise rates

MCX Silver price news today, gold rate: On the MCX, the yellow metal futures for April 2026 were down by Rs 2,364 or 1.47 per cent to trade at Rs 1,58,050 per 10 grams in business turnover of 5846 lots. Mumbai: Rates of precious metals in futures trade dropped on Thursday, January 22, 2026, as geopolitical tensions and safe-haven demand ‌eased after US President Donald Trump called off Greenland-related tariffs. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 1,305 at Rs 1,51,557 per 10 grams against the previous close…

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22

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex surges 550 points, Nifty near 25,300 after Trump calls off Greenland-related tariffs

Sensex, Nifty Today: In early trade, market breadth was positive, with 2,202 stocks advancing against 328 stocks declining on the NSE. 40 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on Wednesday, January 21, 2026, amid positive global cues after US President Trump called off Greenland-related tariffs. While the 30-share BSE Sensex added 550.03 points to start the session at 82,459.66, the Nifty added 186.65 points to open at 25,344.15. In the last trading session, the Sensex closed at 81,909.63 and the Nifty 50 at 25,157.50. Similarly, the broader indices traded in…

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