IBT Business Desk

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Higher revenues will significantly offset RBI's PIDF incentive impact: Paytm

Higher revenues will significantly offset RBI's PIDF incentive impact: Paytm

The PIDF, which supported payment acceptance devices in underserved regions, contributed Rs 128 crore in incentive income for the six months ended September 30, 2025. Paytm's parent company, One 97 Communications Ltd, highlighted steady financial improvement, cost discipline, and profitability, while brokerages praised its strong presence in offline and online payments, technology capabilities, and deep merchant relationships, reinforcing confidence in sustained growth. Jan 23, 2026
Sensex, Nifty open lower over weak global cues, FII selling

Sensex, Nifty close sharply lower amid sustained FII outflows

At the closing bell, the Sensex lost 769 points, or 0.94 per cent to settle at 81,537. The Nifty declined 241 points, or 0.95 per cent, to close at 25,048. The broader markets posted stronger losses than the benchmark indices as Nifty Midcap 100 index lost 1.95 per cent, while the NSE Smallcap 100 declined 2.06 per cent. Jan 23, 2026
Centre approves wage, pension revisions for PSGICs, NABARD and RBI

Centre approves wage, pension revisions for PSGICs, NABARD and RBI

The Centre has approved wage revisions for PSGIC and NABARD employees and pension hikes for retirees of RBI and NABARD. The move will benefit over 46,000 employees and nearly 47,000 pensioners and family pensioners, with revisions effective from 2022. The decision involves substantial arrears and recurring financial outgo, providing higher pay, improved pensions and enhanced NPS contributions. Jan 23, 2026
The company had already cut 14,000 jobs in October last year, and the upcoming round is expected to be of a similar scale. While Amazon earlier linked the job cuts to AI adoption, CEO Andy Jassy later said the move was more about reducing bureaucracy and

Amazon's 2nd round of 30,000-job cut plan likely next week: Report

The company had already cut 14,000 jobs in October last year, and the upcoming round is expected to be of a similar scale. While Amazon earlier linked the job cuts to AI adoption, CEO Andy Jassy later said the move was more about reducing bureaucracy and improving company culture rather than financial pressure or AI alone. Jan 23, 2026
Reserve Bank of India (RBI)

India will remain fastest growing major economy in the world: RBI

Inflation remains within comfort levels, while credit flow to the commercial sector has strengthened. Key reforms in taxation, labour laws, and financial sector deregulation are expected to further boost growth. The RBI also highlighted the robustness of the banking and financial system, noting strong capital buffers, improved asset quality, and resilience to stress scenarios, which together support sustained long-term economic growth. Jan 23, 2026
Sensex, Nifty open lower amid weak global cues

Sensex, Nifty open on positive note as geopolitical tensions ease

As of 9.30 am, the Sensex added 132 points, or 0.16 per cent to reach 82,440 and the Nifty advanced 52 points, or 0.21 per cent to 25,342. Main broad-cap indices performed in line with benchmark indices, as Nifty Midcap 100 added 0.32 per cent, and the Nifty Smallcap 100 advanced 0.24 per cent. Jan 23, 2026
Sensex recovers 1,100 points from day's low over fresh US-India trade talk hopes

Sensex, Nifty snap three-day losing streak

At the close of trade, the Sensex rose 397.74 points, or 0.49 per cent, to settle at 82,307.37. The Nifty also ended higher, gaining 132.4 points, or 0.53 per cent, to close at 25,289.9. Jan 22, 2026
Budget 2026–27: Affordable housing, tax cuts and women-led growth top expert wish list

80 pc of industry confident in India's growth prospects: FICCI pre-Budget survey

A FICCI pre-Budget survey shows strong industry optimism, with nearly 80 per cent of respondents confident about India's growth prospects and around half expecting GDP growth of 7–8 per cent in FY 2026–27. The survey recommends boosting capex, strengthening defence and electronics manufacturing, enhancing drone-related incentives, rationalising customs tariffs, increasing export incentives and simplifying tax compliance to sustain growth amid global uncertainties. Jan 22, 2026
Sensex, Nifty open higher amid positive global cues

Sensex, Nifty post strong gains as geopolitical tensions ease over Greenland

As of 9.25 am, the Sensex added 568 points, or 0.69 per cent to reach 82,477 and the Nifty advanced 160 points, or 0.64 per cent to 25,317. Main broadcap indices overperformed the benchmark indices, with the Nifty Midcap 100 adding 0.94 per cent, and the Nifty Smallcap 100 advancing 1.01 per cent. Jan 22, 2026
Gold, silver hit record highs as global uncertainty fuels demand

Gold prices jump over 4% to hit fresh record high

MCX gold February futures rose 4.25 per cent to Rs 1,56,970 per 10 grams. Meanwhile, MCX silver March futures rose 2.71 per cent to Rs 3,32,451 per kg. International markets also saw new peaks as US gold futures jumped to $4,849 per troy ounce on COMEX. COMEX silver consolidated in the $92.5–$95.7 range. Jan 21, 2026
81 pc Indian employers aware of PM-VBRY offering cash incentives: Report

81 pc Indian employers aware of PM-VBRY offering cash incentives: Report

A TeamLease Services report shows that 81 per cent of Indian employers are aware of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), but awareness is uneven across sectors and company sizes, with start-ups and micro businesses showing very low familiarity. While over half of employers plan to expand hiring in the second half of FY26, only about 60 per cent of them know about the scheme Jan 20, 2026
Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

Budget 2026: What to expect on income tax relief for taxpayers, investors, fiscal deficit and reform agenda

The Union Budget 2026–27, to be presented on February 1, is expected to focus on income tax relief for taxpayers, measures to boost investor confidence, and economic reforms. The government is likely to balance fiscal restraint with growth-oriented initiatives, including capex diversification, manufacturing incentives, and rationalisation of subsidies, while keeping the fiscal deficit under control. Reforms in the International Financial Services Centre (IFSC), customs duties, and foreign direct investment (FDI) policy are also anticipated. Jan 20, 2026