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INDIA BUSINESS | Thu, 15 Jan 2026, 11:33PM IST Jio Financial Services Ltd on Thursday reported a 9 per cent drop in consolidated profit at Rs 269 crore for the third quarter ended December 31, 2025. The company had earned a consolidated net profit of Rs 295 crore in the same quarter of the previous fiscal, Jio Financial Services said in a regulatory filing. However, the company's consolidated net profit stood at Rs 695 crore in the second quarter of the current fiscal. Total income nearly doubled to Rs 901 crore, from Rs 449 crore in the third quarter of the previous fiscal. Total expenses also witnessed a significant year-on-year increase, rising to Rs 566 crore from Rs 131 crore in the same quarter a year ago. During the quarter, pre-provisioning operating profit grew by 7 per cent to Rs 354 crore. Growth in total income was partially offset by higher expenses, in line with volume growth across all businesses, it said. For the nine months ended December, the company's net profit also declined marginally to Rs 1,289 crore,

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INDIA BUSINESS | Thu, 15 Jan 2026, 11:31PM IST Wells Fargo & Co. and Morgan Stanley are also tapping the high-grade bond market, a day after JPMorgan Chase & Co. kicked off the sector's latest round of note sales with a $6 billion transaction

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INDIA BUSINESS | Thu, 15 Jan 2026, 11:20PM IST The Aircraft Accident Investigation Bureau has released a preliminary report on a trainer aircraft crash in December 2025. The Redbird Flight Training Academy aircraft experienced a loss of engine RPM during a turn onto the final approach. The instructor took control and initiated a forced landing. The aircraft struck a power cable before crashing. Both pilots sustained injuries.

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INDIA BUSINESS | Thu, 15 Jan 2026, 11:14PM IST India's power sector is set for massive growth. An investment of $450 billion is projected by 2032. The nation has moved beyond power shortages to a surplus regime. This transition will boost electricity generation, transmission, distribution, and energy storage. The focus is on long-term growth, grid resilience, and clean energy integration. This marks a significant shift for India's energy future.

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INDIA BUSINESS | Thu, 15 Jan 2026, 11:06PM IST Indian textile and apparel exports saw a slight dip in the first nine months of FY26. Textile shipments declined, while apparel exports showed growth. Restrictions in Bangladesh and market uncertainties in the US impacted yarn and fabric sales. Some exporters offered discounts to maintain sales volumes. Companies heavily reliant on the US for home textiles faced significant challenges.

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INDIA BUSINESS | Thu, 15 Jan 2026, 10:44PM IST Angel One on Thursday reported a 4.5 per cent year-on-year decline in consolidated profit after tax (PAT) to Rs 269 crore in the December quarter as rising operating expenses weighed on margins. The company had posted a PAT of Rs 281.5 crore in the corresponding year-ago quarter. However, the broking firm registered a 5.8 per cent increase in total income to Rs 1,338 crore from Rs 1,264 crore in Q3 FY25, driven by an improvement in interest income and fees and commission income, according to a regulatory filing. Total expenses increased to Rs 964.2 crore from Rs 876.5 crore, driven primarily by higher employee benefit costs, employee stock ownership plan (ESOP) expenses and other operating expenses. The company's board has approved a stock split in the ratio of 1:10, whereby each equity share with a face value of Rs 10 will be subdivided into 10 equity shares of Rs 1 each.

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INDIA BUSINESS | Thu, 15 Jan 2026, 10:34PM IST Delhi's energy landscape is changing. Domestic electricity users have increased significantly over five years. Industrial power consumers have dropped sharply. Households are switching from LPG cylinders to piped natural gas. This shift reflects evolving energy preferences in the national capital.

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INDIA BUSINESS | Thu, 15 Jan 2026, 10:24PM IST NTPC Green Energy and GAIL India are joining forces. Their boards have approved a 50:50 joint venture to develop renewable energy projects. This collaboration aims to boost green energy initiatives. The partnership is set to drive significant growth in the renewable sector. It aligns with NTPC's ambitious target of 60 GW by FY32.

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INDIA MARKET | Thu, 15 Jan 2026, 10:05PM IST The 1807 law allows the president to use regular military troops on US soil for domestic law enforcement. It was last invoked during the 1992 riots in Los Angeles

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INDIA BUSINESS | Thu, 15 Jan 2026, 9:41PM IST Suzuki Gixxer sf 2026 price in India: Suzuki Motorcycle India has launched the 2026 updates for the Gixxer 250 and Gixxer SF 250. Both models receive new color options and refreshed graphics, while remaining mechanically unchanged. Suzuki is also offering attractive ownership benefits, including insurance savings and extended warranty, alongside competitive finance schemes.

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INDIA MARKET | Thu, 15 Jan 2026, 9:38PM IST With the situation in Iran evolving, India has begun preparations to facilitate the return of its nationals, following embassy advisories, coordination with states, and signs of limited resumption

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GLOBAL NEWS | Thu, 15 Jan 2026, 9:34PM IST The top executive of the crypto exchange Coinbase scuttled a planned Senate committee vote on a major cryptocurrency bill after voicing his concerns, a sign of the companys clout.

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INDIA BUSINESS | Thu, 15 Jan 2026, 9:29PM IST HUL's Gandhidham and Pondicherry plants have been recognised by the World Economic Forum as Advanced 4IR Lighthouses, taking the company's total Lighthouse sites to five

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INDIA BUSINESS | Thu, 15 Jan 2026, 9:28PM IST "You have to be strong in India to be strong outside India," said CEO Elie Maalouf on catering to India's growing number of outbound travellers alongside China

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INDIA NEWS | Thu, 15 Jan 2026, 9:26PM IST Housing lenders could treat metro connectivity as a mitigating risk factor, argues PM-EAC

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INDIA BUSINESS | Thu, 15 Jan 2026, 9:19PM IST India's power sector is poised for significant growth. An investment potential of half a trillion dollars is projected over the next seven years. This includes generation, transmission, and energy storage. The country's transmission network is expanding rapidly. The Bharat Electricity Summit 2026 will showcase this potential and foster global partnerships.

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INDIA COMMODITIES | Thu, 15 Jan 2026, 9:10PM IST Oil prices extended losses on Thursday after remarks by US President Donald Trump appeared to dial down threats of imminent military action on crude producer Iran. International benchmark Brent North Sea crude fell 4.4 percent to $63.61. ajb/rl

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INDIA BUSINESS | Thu, 15 Jan 2026, 9:09PM IST The Supreme Court has ruled that homebuyers' societies and Resident Welfare Associations cannot intervene in the insolvency proceedings of a developer company. The court clarified that only creditors with a genuine willingness to revive the corporate debtor can invoke the Insolvency and Bankruptcy Code. Alternative legal remedies are available for recovery.

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INDIA NEWS | Thu, 15 Jan 2026, 8:58PM IST The Trump administration on Thursday issued new Iran-related sanctions that target what appeared to be shipping, trading and energy companies, according to a post on the U.S. Treasury Department website on Thursday.The new sanctions come amid Iran's crackdown on protests in Iran, where the clerical establishment has cracked down hard on nationwide unrest since December 28.The sanctions also target 11 individuals and Fardis Prison, according to the website.

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INDIA MARKET | Thu, 15 Jan 2026, 8:57PM IST Chicago Fed President Austan Goolsbee emphasized the central bank's priority is reducing inflation, citing a stable job market as evidence. He indicated that interest rate cuts are possible later this year, provided there's convincing data showing a path back to the 2% inflation target. Goolsbee also defended the Fed's independence, warning against political interference that could reignite inflation.

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INDIA BUSINESS | Thu, 15 Jan 2026, 8:49PM IST Under the new policy, the establishment of distillery plants in the state will be encouraged, along with serious consideration of various facilities to promote exports.

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INDIA MARKET | Thu, 15 Jan 2026, 8:42PM IST New jobless claims in the US saw a surprise drop last week. However, the labor market is holding steady. Layoffs remain low, and hiring is slow. Economists point to trade and immigration policies affecting worker supply and demand. Businesses are also cautious due to AI investments. The Federal Reserve's report indicates employment was mostly unchanged.

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INDIA NEWS | Thu, 15 Jan 2026, 8:41PM IST India and the EU are set to sign a landmark free trade agreement on January 27, excluding agriculture, as top EU leaders visit New Delhi to deepen strategic and economic ties

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INDIA NEWS | Thu, 15 Jan 2026, 8:41PM IST India and the EU are set to sign a landmark free trade agreement on January 27, excluding agriculture, as top EU leaders visit New Delhi to deepen strategic and economic ties

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