The TOI correspondent from Washington: US President Donald Trump is on the warpath against Venezuela, Cuba, Iran, Greenland — and the Federal Reserve. In a move that has rattled financial markets and political circles alike, the Trump administration’s Justice Department has launched a criminal investigation into Federal Reserve Chair Jerome Powell, marking an unprecedented clash…
The Confederation of Indian Textile Industry (CITI) has urged the government to permanently remove the 11 per cent import duty on cotton in the Union Budget 2026, warning that the levy is aggravating cost pressures and hurting the global competitiveness of domestic textile and apparel manufacturers, PTI reported.A CITI delegation met Union Agriculture Minister Shivraj…
Reserve Bank of India Deputy Governor Swaminathan J on Friday called for a fundamental shift in banking supervision, stressing that oversight must move from periodic, point-in-time assessments to continuous awareness, as digital risks increasingly redefine financial stability, PTI reported. Speaking at the Third Annual Global Conference of the College of Supervisors on ‘Issues and Challenges…
A year after US President Donald Trump introduced a fresh round of tariffs, the economic fallout has proven uneven, with employment taking a clearer hit than prices. At the time, economists warned that the measures would drive up inflation and push unemployment higher. Data from 2025 suggests those concerns were only partly true. While the…
Valuation is not about finding some precise magic number. (AI image) Once you start liking quality businesses, it’s tempting to believe that you can pay almost any price for them. The story feels so strong that valuation becomes an afterthought. We’ve heard this many times: “It’s a great company, I don’t mind paying a bit…
Indian stock markets will remain closed on January 15 after exchanges revised their schedules in view of municipal corporation elections in Maharashtra. Both BSE and NSE have now declared a full trading holiday for the day, replacing an earlier notification that had marked it only as a settlement holiday, ET reported.According to BSE, trading across…
December 2025 CPI inflation: The Consumer Price Index (CPI) inflation for the month of December 2025 rose to 1.33% compared to the same month in 2024. This is a rise of 62 basis points from November 2025, and the figure stands at a 3-month high. RBI has an inflation target of 4% with a 2%…
Budget 2026: For the first time, the Union Budget will be presented on a Sunday! Lok Sabha Speaker Om Birla on Monday confirmed the date for Budget 2026, saying that the Union Budget will be announced on Sunday, February 1.The upcoming Union Budget will be presented by Finance Minister Nirmala Sitharaman, marking the eighth time…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Alkem Laboratories, and MTAR Technologies. Here’s his view on Nifty, Bank Nifty for the week starting January 12, 2026:Nifty View:Last week began on a euphoric note…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 12, 2026) are Groww, and Titan. Let’s take a look: Stock Name CMP (RS) Target (RS) Upside Groww 159 185 16% Titan 4205 5000 19% GrowwGroww has scaled fastest among…