Airspace closures, rising jet fuel costs to hit IndiGo, SpiceJet’s profitability as cancellations amount

Geopolitical tensions between Israel and Iran have forced Indian airlines to cancel flights to the Middle East and parts of Europe, impacting up to 40% of Air India’s capacity.   The conflict between Israel and Iran has impacted the Indian airline carriers’ capacities, as geopolitical tensions have caused cancellations of all flights to the area…

AMFI January 2026 data: Gold ETF pulls in 2x more inflows, at par with equities for the first time

Gold ETF alone saw inflows worth ₹24,040 crore, which is nearly double of December’s ₹11,647 crore. Meanwhile, silver ETFs recorded a ₹9,463 crore inflow, highlighting the rising interest of investors in exchange-traded products that are not equities. Inflows into gold exchange-traded funds (ETFs) have surpassed the money channelled into equity mutual funds for the first…

Budget 2026: Will markets see a pre-Budget rally? Don’t expect broad-based buying, say analysts

Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said. Finance Minister Nirmala Sitharaman will be presenting Union Budget 2026 on February 1. Investors are looking forward to a rally ahead…

Online Gaming Bill: Govt to ban all ‘money-based gaming transactions’, say sources

Under the Bill, no bank or financial institution will be allowed to permit transfer of funds for online money gaming. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Online Gaming Bill, which makes online betting a punishable offence. Sources told Business Today TV that the government will ban all “money-based…

Singapore tourism board partners with IndiGo to boost India travel

The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday.   The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday.…

Trump says Japan deal reached with tariff rate set at 15%

“I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,” Trump said at an event at the White House on Tuesday after announcing the deal on social media. Trump said on Truth Social that the pact calls for Japan to “open their Country” to…

Analyst sees short-term upside in Adani Green, Asian Paints & BoB shares

Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders.   Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…

SEBI approves relaxed delisting norms for PSUs with over 90% government holding

The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism.   The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…

Big MFs reduce cash holdings in May; over 60% of equity schemes see a dip

Out of 43 mutual fund houses analysed, 16 increased their cash holdings while 27 reduced them. The largest cuts came from some of the biggest fund houses. Most experts remain positive on Indian markets. In a recent note from Bandhan Mutual Fund, they highlighted that India has been the top performing market globally over the…