Business News: Economy & Markets

From earthquake ruins to cooperative prosperity: Sarhad dairy’s camel milk revolution in Kutch

IANS | January 20, 2026 5:06 PM

Gandhinagar, Jan 20 (IANS) The devastating earthquake of January 26, 2001, had reduced Kutch to rubble, triggering widespread uncertainty over the region’s future. However, under the leadership of then Chief Minister and present Prime Minister Narendra Modi, Kutch not only recovered but emerged as a model of development, self-reliance and cooperative-led growth.

India, EU on the cusp of historic trade agreement: Ursula von der Leyen

IANS | January 20, 2026 4:58 PM

Davos, Jan 20 (IANS) European Commission President Ursula von der Leyen said on Tuesday that the European Union (EU) is set to finalise a “historic” free trade agreement (FTA) with India.

AM Green Group signs MoU with Uttar Pradesh to set up $25 bn 1 GW AI data centre

IANS | January 20, 2026 4:34 PM

Davos, Jan 20 (IANS) AM Green Group, an energy transition platform backed by the founders of the Greenko Group, on Tuesday signed a memorandum of understanding (MoU) with InvestUP, the investment promotion arm of the Uttar Pradesh Government, to set up a massive 1 gigawatt data centre focused on global artificial intelligence workloads.

887 ATMs activated across India to empower users: Department of Posts

IANS | January 20, 2026 4:21 PM

New Delhi, Jan 20 (IANS) The Department of Posts on Tuesday said it has revamped its ATM infrastructure with activation of 887 ATMs across the country, in a major step towards making banking services more accessible and user friendly.

India’s textile sector is a powerful job-creating engine of growth: PM Modi

IANS | January 20, 2026 4:13 PM

New Delhi, Jan 20 (IANS) Prime Minister Narendra Modi on Tuesday highlighted the rise of India’s textile sector from a legacy industry to a powerful job-creating and people-centric engine of growth, embodying the true spirit of Aatmanirbhar Bharat.

Sensex, Nifty end sharply lower amid rising global tensions

IANS | January 20, 2026 4:01 PM

Mumbai, Jan 20 (IANS) The Indian stock market extended its losses on Tuesday, ending the session sharply lower as investors remained cautious amid rising global tensions and continued to react to company-specific developments during the ongoing Q3 earnings season.

Top Indian CEOs to join Donald Trump at WEF Davos meet

IANS | January 20, 2026 3:53 PM

New Delhi, Jan 20 (IANS) Some prominent Indian CEOs from India are likely to join a select group of 146 global corporate leaders for a meeting with US President Donald Trump at the World Economic Forum (WEF) meeting in Davos on Wednesday.

India, EU likely to clinch FTA deal by Jan 27

IANS | January 20, 2026 3:41 PM

New Delhi, Jan 20 (IANS) India and the European Union (EU) are close to finalising a landmark free trade agreement (FTA), with the formal announcement expected on January 27, a day after the Republic Day celebrations which will be attended by the top EU leadership as chief guests.

Newgen Software clocks 29.4 pc drop in Q3 profit, shares tank over 15 pc

IANS | January 20, 2026 2:42 PM

Mumbai, Jan 20 (IANS) Newgen Software Technologies on Tuesday reported 29.42 per cent year-on-year (YoY) drop in net profit in the December quarter of the current financial year (Q3 FY26).

Global PC shipments up 9.3 pc in Oct-Dec in AI era

IANS | January 20, 2026 2:15 PM

New Delhi, Jan 20 (IANS) PC shipments reached 71.5 million units globally in the fourth quarter of 2025 -- a 9.3 per cent increase from the fourth quarter of the previous year, according to preliminary results by Gartner on Tuesday.