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2026-01-06 03:50:29| The Economic Times

Tata Motors Passenger Vehicles experienced a notable decline in share prices as Jaguar Land Rover reported a steep drop in sales for Q3 FY26. The aftermath of a cyber attack last year affected both production and distribution channels. Additionally, the decision to phase out older Jaguar models played a role in the downturn.


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2026-01-06 02:13:40| The Economic Times

Asian equities advanced Tuesday, extending a global record run as investors overlooked geopolitical tensions. Gold and silver pared gains after the US captured Venezuela's President, while Treasuries steadied. Analysts remain bullish on risk assets, anticipating stronger earnings growth and a revival of M&A.


Category: News and Media

 

2026-01-06 02:04:29| The Economic Times

New-age companies like PhonePe, Zepto, and Oyo are gearing up for IPOs in 2026, aiming to raise nearly 50,000 crore. Investor appetite will depend on market conditions and the profitability of these tech businesses, as public investors become more selective on valuations and cash flow.


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2026-01-06 01:38:13| The Economic Times

The Reserve Bank of India rejected all bids for its 8.30%, 2040 paper in its latest open market operation, while accepting the full 50,000 crore for other securities. Banks likely bid above market price for the rejected paper, seeking to book profits on illiquid securities. The central bank also has two more OMOs and a USD/INR swap auction scheduled.


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2026-01-06 01:15:34| The Economic Times

The Indian rupee fell another seven paise to close at 90.27 against the dollar on Monday, with experts anticipating further declines. This depreciation is attributed to a delayed US trade deal and reduced foreign investment in Mumbai equities. The Reserve Bank of India intervened to moderate volatility but not to reverse the trend.


Category: News and Media

 

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