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INDIA BUSINESS | Sat, 17 Jan 2026, 4:42PM IST UCO Bank on Saturday reported a 15.76 per cent on-year increase in net profit for the quarter ended December to Rs 739.51 crore, compared to Rs 638.83 crore in the corresponding period a year ago. The lender's total income for the quarter under review grew to Rs 7,521.16 crore, up from Rs 7,405.89 crore in the year-ago period. Interest earned rose to Rs 6,651.84 crore as against Rs 6,219.96 crore, it said in an exchange filing. The Kolkata-headquartered bank's operating profit rose by 5.96 per cent to Rs 1,680.24 crore in October-December, compared to Rs 1,585.69 crore in the year-ago period. Provisions and contingencies lowered to Rs 525.12 crore in the quarter to December, down from Rs 589.51 crore, it said. On the asset quality front, UCO Bank showed significant improvement, with gross non-performing assets (NPA) declining to 2.41 per cent as of December 31 from 2.91 per cent a year ago. Gross NPAs stood at Rs 5,867.25 crore compared to Rs 6,081.55 crore in the corresponding per

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INDIA BUSINESS | Sat, 17 Jan 2026, 4:42PM IST VinFast India is set to introduce three new electric vehicle models this year. The company also plans to significantly expand its sales infrastructure across India. These new vehicles are designed for real-world usage and premium appeal, offering strong value to price-conscious buyers. VinFast aims to increase its showroom presence and integrate charging infrastructure and ride-hailing solutions to boost EV adoption.

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INDIA MARKET | Sat, 17 Jan 2026, 4:31PM IST Total Operating Income rise 2.82% to Rs 48363.84 crore

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INDIA MARKET | Sat, 17 Jan 2026, 4:31PM IST Sales rise 277.92% to Rs 277.28 crore

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INDIA MARKET | Sat, 17 Jan 2026, 4:31PM IST Total Operating Income rise 6.94% to Rs 6651.84 crore

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INDIA MARKET | Sat, 17 Jan 2026, 4:31PM IST Sales rise 4.25% to Rs 1727.23 crore

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INDIA BUSINESS | Sat, 17 Jan 2026, 4:24PM IST ICICI Bank's board has approved Sandeep Bakhshi's reappointment as Managing Director and Chief Executive Officer. His new term will begin on October 4, 2026, and conclude on October 3, 2028. This decision is subject to approvals from the RBI and shareholders. Bakhshi has led the bank since 2018, focusing on risk controls and asset quality.

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INDIA NEWS | Sat, 17 Jan 2026, 4:20PM IST India Budget: The Confederation of Indian Industry (CII) has urged the government to leverage the upcoming Union Budget 202627 to sustain Indias position as the worlds fastestgrowing major economy, recommending a slew of reforms across infrastructure, innovation, digital systems and the financial sector.CII noted that business confidence remains high, with its Business Confidence Index rising to 66.5 in Q3FY26 the highest in five quarters driven by optimism around domestic demand, profitability, and investment conditions. Two-thirds of firms reported higher demand in Q2FY26, while 72% expect further growth in Q3FY26, aided by GST rate cuts and festive consumption.Also Read: This Budget could be the spark behind Indias AI power shiftThe steady rise in business confidence shows industrys ability to navigate external headwinds, anchored by resilient domestic demand and a robust reform agenda, said CII Director General Chandrajit Banerjee. He added that Indias growth momentum could be strengthened further through decisive action in the Budget.Central to CIIs recommendations is sustaining capital expenditure through a revitalised Rs 150 lakh crore National Infrastructure Pipeline 2.0, focused on shovel-ready, revenue-generating projects and streamlined dispute resolution to accelerate execution and crowd in private investment.On the innovation front, CII proposes 10 Centres of Advanced Learning and Research in frontier domains such as AI, robotics, clean energy, and biotechnology, with a matched public-private funding model. A complementary India Talent Agency could attract global talent and diaspora researchers to strengthen Indias knowledge economy.Budget 2026 Expectations Live: The EV industry seeks fiscal & policy reforms, review of PLI scheme, R&D and tax incentivesCII also emphasised boosting digital governance via a Rs 1,000-crore Digitisation Fund, aimed at simplifying compliance through paperless, presence-less systems, enabling real-time data flow, and enhancing ease of doing business.For trade and exports, the industry body recommended a simplified three-tier tariff structure to improve competitiveness, integrate India into global value chains, and promote export diversification.On financial sector reforms, CII suggested strengthening Development Financial Institutions, enabling selective NBFC-to-bank transitions, allowing calibrated foreign equity, encouraging new well-capitalised banks, and consolidating weaker institutions. It also called for accelerating asset tokenisation across real estate, infrastructure, and financial assets, building on RBI and IFSCA pilots, and expanding regulatory sandboxes in GIFT City.Follow our budget page for more live updatesHe added that sustained reform and a strong industry-government partnership would allow India to maintain world-leading growth while ensuring opportunity reaches every household.

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INDIA MARKET | Sat, 17 Jan 2026, 4:19PM IST Indian markets consolidated in a narrow range during the truncated week, with Nifty ending marginally positive. The index remains below its recent high, awaiting a decisive catalyst. Traders are advised to be cautious and focus on stock-specific opportunities with risk management.

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INDIA MARKET | Sat, 17 Jan 2026, 4:16PM IST HDFC Bank reported 11.46% jump in standalone net profit to Rs 18,563.75 crore on 2.91% increase in total income to Rs 90,005 crore in Q3 FY26 over Q3 FY25.

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INDIA BUSINESS | Sat, 17 Jan 2026, 4:14PM IST Private sector lender ICICI Bank on Saturday said its consolidated net profit for the December 2025 quarter declined 2.68 per cent to Rs 12,537.98 crore. ICICI Bank had posted a consolidated net profit of Rs 12,883.37 crore for the October-December period last year and Rs 13,537.06 crore in the preceding September quarter. On a standalone basis, the second-largest private sector lender reported profit after tax of Rs 11,318 crore, up from Rs 11,792 crore in the year-ago period. The core net interest income jumped 7.7 per cent year-on-year to Rs 21,932 crore during the reporting quarter, on the back of an 11.5 per cent loan growth and a 0.05 per cent expansion in the net interest margin to 4.30 per cent. Its non-interest income, excluding treasury operations, increased 12.4 per cent to Rs 7,525 crore during the reporting quarter. It had to set aside Rs 145 crore following the implementation of the new labour codes, and the overall provisions doubled to 2,556 crore. The bank disclo

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INDIA MARKET | Sat, 17 Jan 2026, 4:09PM IST Crypto markets stayed stable in mid-January with total capitalization at $3.22 trillion. Bitcoin consolidated near $95,000, while select altcoins gained. Analysts see a bullish structure, improving macro conditions, rising institutional participation, and potential upside if key resistance levels break.

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INDIA MARKET | Sat, 17 Jan 2026, 4:06PM IST Rajat Sharma of Sana Securities favors value investing. He sees buying chances in HDFC Bank and ICICI Bank. Long-term prospects are strong for IT stocks like Infosys and Birlasoft. Defence stocks are viewed with caution due to high valuations. FMCG sector may see earnings-led upside. Sharma's strategy focuses on fundamentals for long-term gains.

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INDIA MARKET | Sat, 17 Jan 2026, 4:04PM IST IDBI Bank reported a marginal 1.4% rise in Q3 net profit to Rs 1,935 crore year-on-year, but profit fell sharply quarter-on-quarter. Interest income and NII declined, while deposits, advances and total business recorded steady annual growth during the December quarter.

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INDIA COMMODITIES | Sat, 17 Jan 2026, 4:02PM IST Gold-to-silver ratio fell to 50, lowest since 2012, as silver surged 170% since 2025, far outperforming golds 76% rise. Silver hit record MCX highs, narrowing valuation gaps and reshaping precious metal investment signals amid global uncertainty for investors worldwide today.

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:58PM IST Strong growth in core net interest and non-interest income, despite rising expenses from new labour codes, underscores HDFC Banks robust financial performance

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INDIA MARKET | Sat, 17 Jan 2026, 3:57PM IST ChatGPT will begin testing advertisements for users in the United States in the coming weeks, as OpenAI looks to add a new revenue stream alongside its existing subscription offerings

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INDIA MUTUAL FUNDS | Sat, 17 Jan 2026, 3:56PM IST ICICI Prudential Mutual Fund, Indias second largest AMC with Rs 11.49 lakh crore AUM, remained heavily invested in large caps like HDFC Bank, ICICI Bank, RIL, Infosys and Axis Bank, with marginal weight reductions across most top holdings in December.

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INDIA MARKET | Sat, 17 Jan 2026, 3:50PM IST Sales rise 18.18% to Rs 3463.07 crore

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INDIA MARKET | Sat, 17 Jan 2026, 3:50PM IST Total Operating Income decline 9.45% to Rs 7080.24 crore

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INDIA MARKET | Sat, 17 Jan 2026, 3:50PM IST Total Operating Income rise 2.38% to Rs 87066.94 crore

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INDIA MARKET | Sat, 17 Jan 2026, 3:50PM IST Sales decline 43.06% to Rs 0.41 crore

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:48PM IST Net Interest Income (NII) for the period grew 5%. The Net Interest Margin (NIM) was 4.63%

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:39PM IST New Delhi is a leader in electric vehicle adoption. The national capital ranks third nationally with 11.6 percent EV penetration in the financial year 2024-25. This strong performance is driven by widespread adoption across two-wheelers, three-wheelers, and public transport. Delhi's electric bus fleet is also among the highest in the country.

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:34PM IST HDFC Bank on Saturday said its consolidated profit jumped 12.17 per cent to Rs 19,807 crore in the December quarter. The city-headquartered lender had reported a consolidated net profit of Rs 17,657 crore in the year-ago period and Rs 19,611 crore in the preceding September quarter. On a standalone basis, the profit of the country's largest private sector lender increased 11.46 per cent to Rs 18,653.75 crore for the October-December period. The core net interest income grew 6.4 per cent to Rs 32,600 crore, while the non-interest income came at Rs 13,250 crore, as per an exchange filing. The net interest margin at the overall level stood at 3.35 per cent, it said. Implementation of the new labour codes led to an impact of Rs 800 crore in expenses for the bank during the quarter.

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GLOBAL NEWS | Sat, 17 Jan 2026, 3:32PM IST The robbery at the Pok Court on Wednesday was the latest in a string of thefts of high-value Pokmon trading cards.

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GLOBAL NEWS | Sat, 17 Jan 2026, 3:32PM IST Stores of all kinds are using artificial intelligence to sell everything from luxury handbags to hay for horses.

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GLOBAL NEWS | Sat, 17 Jan 2026, 3:30PM IST Residents and officials are still trying to revitalize East Palestine nearly three years after a derailment and chemical burn.

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GLOBAL NEWS | Sat, 17 Jan 2026, 3:30PM IST Physicians with independent practices are having to cobble together unconventional office arrangements at a time of rising costs and consolidation in the medical field.

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GLOBAL NEWS | Sat, 17 Jan 2026, 3:30PM IST Black female professionals have seen a steep drop in employment over the last year. They are turning to each other for pep talks and rsum advice.

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INDIA MARKET | Sat, 17 Jan 2026, 3:20PM IST ICICI Bank Q3 Results: India's second largest private lender ICICI Bank on Saturday reported a 4% fall in its December quarter standalone net profit at Rs 11,318 crore compared to Rs 11,792 crore reported in the year ago period. The profit after tax (PAT) was below ET Now estimates of Rs 12,346 crore.

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INDIA MARKET | Sat, 17 Jan 2026, 3:20PM IST ICICI Bank Q3 Results: India's second largest private lender ICICI Bank on Saturday reported a 4% fall in its December quarter standalone net profit at Rs 11,318 crore compared to Rs 11,792 crore reported in the year ago period. The profit after tax (PAT) was below ET Now estimates of Rs 12,346 crore.

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INDIA MARKET | Sat, 17 Jan 2026, 3:16PM IST Sobha reported 28.85% decline in consolidated net profit to Rs 154.28 crore on 22.95% fall in revenue from operations to Rs 943.11 crore in Q3 FY26 over Q3 FY25.

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:15PM IST Flight disruptions are expected at Delhi's Indira Gandhi International Airport from January 21 to 26 due to airspace restrictions for Republic Day Parade rehearsals and the main event. Travelers are advised to check flight statuses with airlines, arrive early, and stay updated through official notifications to avoid inconvenience.

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:13PM IST EDME Insurance Brokers, formerly Aditya Birla Insurance Brokers Ltd, is eyeing an overseas expansion and aims to double its business to Rs 1,600 crore over the next five years. "We would also like to spread our wings outside India, namely to Dubai, Singapore and London as well. We feel that, in the next one year or so, we will set up offices in both Singapore and Dubai. So, London might come later," EDME Insurance Brokers Chief Executive Officer Sanjay Radhakrishnan told PTI. Talking about the acquisition of UIB Insurance Brokers (India) Pvt Ltd, he said that with the buy, business has increased to about Rs 850 crore. With the deal, he said, EDME Insurance Brokers has become the second largest in the country after Marsh. For the rapid growth, he said, "We have identified around 14-18 industries that we want to focus on. For example, IT and BFSI, construction, infrastructure, and power. We are also looking at sports, media, and entertainment. Additionally, we are looking at mergers

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:06PM IST The GNPA ratio at 1.5% in Q3FY26 was down 10 bps YoY and NNPA ratio at 0.3% was down 20 bps YoY

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INDIA NEWS | Sat, 17 Jan 2026, 3:05PM IST Senior policymakers, global CEOs and investors will gather in Mumbai from February 17-19 for the inaugural Global Economic Cooperation summit amid shifting economic power

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INDIA MARKET | Sat, 17 Jan 2026, 3:04PM IST Sales rise 51.13% to Rs 38.07 crore

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INDIA BUSINESS | Sat, 17 Jan 2026, 3:00PM IST Private sector lender RBL Bank on Saturday reported a 555 per cent jump in the December quarter net profit to Rs 214 crore, helped by a steep decline in provisions. The lender, which is set to receive a USD 3 billion fund infusion from Emirates NBD Bank, had reported a net profit of Rs 33 crore in the year-ago period and Rs 179 crore in the preceding June quarter. Its core net interest income grew 5 per cent to Rs 1,657 crore on the back of a 14 per cent increase in advances and a 0.12 per cent growth in net interest margin to 4.63 per cent. The bank's managing director and chief executive R Subramaniakumar said the tweaks in deposit rates and a shift in advances book helped expand the margins, and added that it is expected to widen further in the upcoming quarters despite the 0.25 per cent rate cut by the RBI. The overall deposits grew 12 per cent during the quarter, he said, adding that on the lending front, it recorded an increase in unsecured book for the first time in many ...

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INDIA BUSINESS | Sat, 17 Jan 2026, 2:59PM IST Production at the plant is expected to begin in financial year 2029 and will add to the annual production capacity of 2.4 million vehicles for Maruti

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