Domestic markets showed caution due to trade deal uncertainty, though renewed hopes emerged as negotiations restarted. Metals led gains on expectations of U.S. rate cuts and safe-haven demand. Globally, equities traded mixed as investors awaited key U.S. economic data and earnings reports.Read More

South Indian Bank posted a 9.4% rise in Q3 profit, driven by higher operating income and non-interest revenue, while asset quality improved sharply, NPAs declined, and loan growth remained healthy led by gold and corporate advances.Read More

Nuvoco Vistas Corp reported a consolidated net profit of Rs 49.37 crore in the December quarter, a significant turnaround from a year-earlier loss. This improvement was driven by a 50% surge in Ebitda to Rs 386 crore, alongside a 12% rise in revenue to Rs 2,701 crore.Read More

New jobless claims in the US saw a surprise drop last week. However, the labor market is holding steady. Layoffs remain low, and hiring is slow. Economists point to trade and immigration policies affecting worker supply and demand. Businesses are also cautious due to AI investments. The Federal Reserve’s report indicates employment was mostly unchanged.Read More

BlackRock’s fourth-quarter profit exceeded expectations. Market rallies boosted fee income and assets under management reached a record $14 trillion. The company increased its dividend and share buybacks. Strong inflows into fixed-income products and its ETF business contributed to a record year for net inflows. BlackRock is expanding into private markets for higher revenue.Read More

Chicago Fed President Austan Goolsbee emphasized the central bank’s priority is reducing inflation, citing a stable job market as evidence. He indicated that interest rate cuts are possible later this year, provided there’s convincing data showing a path back to the 2% inflation target. Goolsbee also defended the Fed’s independence, warning against political interference that...Read More

Oil prices extended losses on Thursday after remarks by US President Donald Trump appeared to dial down threats of imminent military action on crude producer Iran. International benchmark Brent North Sea crude fell 4.4 percent to $63.61. ajb/rlRead More

SEBI’s new merchant banking regulations, effective January 3, 2026, aim to professionalize the sector but risk concentrating business among large entities. A growing economy requires a diverse pool of specialist merchant bankers to enable efficient capital allocation, not an oligopolistic market structure.Read More

Citibank bankers expect India’s equity capital markets to stay strong in 2026, driven by high valuations, active IPO pipelines and private equity exits. They also see the rupee recovering from its 2025 weakness as tariff uncertainty eases. Upcoming ECB guideline reforms could further boost overseas fundraising activity for Indian companies.Read More

Wall ‍Street’s main ​indexes rose ⁠at market open on Thursday after TSMC’s blockbuster ‌quarterly results ‌ignited a rally in ‌chipmakers, while investors parsed earnings from Morgan Stanley and Goldman Sachs ​that capped ​big banks’ reporting season.Read More