BusinessLine Podcasts

🎧 On today’s episode: India moves closer to its biggest defence purchase as the Defence Acquisition Council clears a ₹3.25 lakh crore proposal for 114 Rafale fighter jets, with most to be built in India. Retail inflation comes in at 2.75 percent in January under a newly revised CPI base year, marking a reset in how price pressures are measured. Markets end lower as IT stocks slide 5.5 percent on fears that AI could disrupt outsourcing, dragging the Nifty down 147 points. And space start-up Agnikul Cosmos partners NeevCloud to explore hosting AI data centres in orbit.

🎧 On today’s episode: The White House revises its US–India trade deal fact sheet, removing references to “certain pulses” and digital services tax, and softening India’s $500 billion purchase pledge to “intends.” Gold ETFs clock a record ₹24,040 crore inflow in January as investors shift to safe-haven assets amid market volatility. Commerce Secretary Rajesh Agrawal says all key sensitive sectors are protected under the interim pact, with US tariffs set to fall to 18 percent. And direct tax collections rise 9.4 percent to ₹19.44 lakh crore, though meeting the revised annual target remains a challenge.

🎧 On today's episode: Adani Enterprises enters discussions with US authorities following bribery allegations, gold and silver ETFs outpace equity schemes with record January inflows amid market volatility, the US-India trade deal tests New Delhi's digital sovereignty with demands on taxation and data policies, and proxy firm InGovern flags governance concerns at Zee Entertainment as the company pushes back on the claims.

🎧 On today's episode: Farm unions and Opposition gear up for nationwide protests against the India–US trade deal, EPFO preps a UPI-based withdrawal app to modernize pension access, Gujarat partners with Starlink to bridge the digital divide in remote areas, and a Belagavi startup takes Anthropic to court over trademark rights in India.

🎧 On today’s episode: AI sparks a sell-off in global tech stocks, reviving lessons from the iPhone disruption, NPS Swasthya adds a health wallet to the pension system, India–US trade talks deliver tariff relief for exporters, and Budget 2026 puts fertilizer self-reliance at the centre of food security.

We’re seeing big moves this week, from India-US trade talks and corporate growth to cooperative ride-hailing launches and aerospace job cuts. Here’s what you need to know. Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

Welcome to The morning report brought to you by Renil S Varghese — your quick dive into the top stories shaping the business world today. Fast, insightful, and to the point. Check out the top news for the day.

Welcome to The morning report brought to you by Renil S Varghese — your quick dive into the top stories shaping the business world today. Fast, insightful, and to the point. Check out the top news for the day.

Welcome to The morning report brought to you by Renil S Varghese — your quick dive into the top stories shaping the business world today. Fast, insightful, and to the point. Check out the top news for the day.

Welcome to The Morning Report brought to you by Renil S Varghese — your quick dive into the top stories shaping the business world today. Fast, insightful, and to the point. Check out the top news for the day.

🎧 On today’s episode: Steel stocks rally as India’s demand and tariffs shape the sector, Budget 2026 sets the stage for a major reset in agriculture, Indian cotton textiles push for zero-duty access in the EU, and Canada urges citizens to “Buy Canadian” amid US-China trade tensions.

🎧On today’s episode: India braces for EU tariff shocks as exports take a hit, IndiGo reels from a 78% profit drop, Apple fights India’s antitrust probe, and PhonePe’s backers cash out ahead of its mega IPO.

🎧On today’s episode: The EU signals readiness to retaliate over Trump’s Greenland tariff proposal, Eternal announces a change at the top, Rashtrapati Bhavan turns the spotlight on the North East this Republic Day, and L’Oréal unveils a major technology investment in Hyderabad.

🎧 On today’s episode: From PhonePe’s highly anticipated IPO set to redefine India’s digital payments sector, to Tamil Nadu’s financial strain over the new VB-G-RAM-G scheme and industrial growth, IndiGo’s plan to stabilise operations after December disruptions, and the steepest single-day fall in benchmark indices amid global tariff fears.

🎧 On today’s episode: From Air India’s major fleet and service reset to SEZ reforms aimed at boosting manufacturing and exports, India’s proposed Electricity Amendment Bill 2025 for power sector efficiency, and SEBI’s new framework for Significant Indices.

Get today’s top business news, market headlines about the Stock Market, Sensex & Nifty trends, key market insights, economic highlights, and the latest updates from India and global markets.

Supreme Court rules in tax department’s favour in Tiger Global case The Supreme Court has held that Tiger Global’s capital gains arising from its 2018 stake sale in Flipkart to Walmart Inc. are taxable under domestic law in a setback for the US investment firm.  The Apex court overturned a Delhi High Court ruling that allowed Tiger Global to claim exemptions under the India-Mauritius tax treaty. The decision is a win for local tax authorities, who argued that Tiger Global used its Mauritius entities to avoid paying taxes. The ruling can set a precedent for how India applies tax treaties to offshore exits, potentially increasing uncertainty for global investors seeking clarity on capital gains. Tiger Global first invested in Flipkart in 2009 with an initial $9 million. Over the following years, it steadily increased its exposure to about $1 billion, building a stake of roughly 20% in the company. In 2017, Tiger began monetising the investment by selling part of its holding to SoftBank Group Corp. December trade deficit widens as imports surge 8.8%, export growth modest at 1.86% India’s goods trade deficit widened significantly in December 2025 to $25.04 billion from $20.63 billion in previous December as exports increased 1.86 per cent (year-on-year) to $38.51 billion while imports grew at a higher 8.8 per cent to $63.55 billion, per data released by the Commerce Department. Exports to the US declined a marginal 1.83 per cent in December 2025 to $6.89 billion amid the 50 per cent tariffs applied by Washington on most Indian exports in August-end. “In the US we are still holding on as there is more focus on areas where tariffs are low. Where tariffs are more, exporters are showing more resilience and holding on to the supply chains,” Commerce Secretary Rajesh Agrawal said at a media briefing on Thursday. On the proposed India-US bilateral trade agreement (BTA), the Secretary said the negotiations were on in a virtual mode and efforts were on to close gaps in the “remaining issues”. SEBI weighs oversight of unlisted share market as focus shifts to disclosure gaps The Securities and Exchange Board of India (SEBI) is examining whether it should step in to regulate the fast-growing unlisted share market, which currently operates largely outside its direct oversight, Chairman Tuhin Kanta Pandey said on Thursday. Speaking on the sidelines of the Association of Investment Bankers of India’s (AIBI) annual convention, Pandey said SEBI is discussing the issue with the Ministry of Corporate Affairs to assess whether the regulator has the legal authority to oversee companies that are not listed on stock exchanges, and if so, how far such regulation can extend. “SEBI first needs to examine whether it has the legal authority to regulate companies that are not listed on stock exchanges and how far such regulation can extend,” he said. Mumbai civic polls heat up as Fadnavis, Thackeray brothers trade barbs As polling took place in Mumbai on January 15, the political temperature rose sharply, with a fierce exchange of words between Maharashtra Chief Minister Devendra Fadnavis and the Thackeray brothers amid a tightly fought election to the Brihanmumbai Municipal Corporation (BMC). Shiv Sena (UBT) chief Uddhav Thackeray appealed to Mumbai’s voters to turn out in large numbers, calling the civic polls an opportunity to unseat what he described as a corrupt BJP regime.Uddhav’s party, along with Raj Thackeray’s Maharashtra Navnirman Sena (MNS), also deployed so-called “Bhagwa Guards” in several constituencies to keep a watch on alleged dual voting. State Election Commissioner Dinesh Waghmare said that after voting ended at 5:30pm, that the turnout so far is 46-50 per cent, which is higher than the figure for the 2017 civic polls. The results of the Mumbai civic polls will be out on Friday, January 16.

Infosys Q3 results: Revenue jumps 8.9% to ₹45,479 crore; beats expectations Infosys reported a decline in profit for the December-ended quarter of FY26, with PAT falling 9.6% sequentially and 2.2% year-on-year (YoY) to Rs 6,654 crore. Despite the dip, the IT major raised its constant currency revenue growth guidance for FY26 to 3–3.5%, up from the 2–3% forecast issued in the previous quarter. Revenue rose 8.9% YoY and 2.2% quarter-on-quarter to Rs 45,479 crore. In constant currency (CC) terms, revenue grew 1.7% YoY and 0.6% QoQ. Large deal momentum improved, with total contract value (TCV) reaching $4.8 billion during the quarter, including 57% net new deals, up from $3.1 billion in the September quarter. PM Internship scheme falters as funds go unused Data from Controller General of Accounts (CGA) showed as against the budget allocation of over Rs 11500 crore, the Ministry spent little over Rs 500 crore. The allocation for the full year has a 94 per cent share, or over Rs 10,800 crore, for the PM Internship Scheme. During FY25, budget allocation was revised to around Rs 1,078 crore from Rs 2,667 crore. The ministry had admitted before the Standing Committee that it was largely because the funds were surrendered under the PM Internship Scheme. CGA data showed actual expenditure was around Rs 680 crore only. Maharashtra, Tamil Nadu top performers in Niti Aayog’s export preparedness index 2024 Maharashtra has topped the Niti Aayog’s Export Preparedness Index (2024) in the large States category followed by Tamil Nadu and Gujarat in the second and third places respectively.  Uttarakhand, Jammu & Kashmir and Nagaland bagged the top three spots among small States, North East and Union Territories. The report was released by Niti Aayog CEO B V R Subrahmanyam on Wednesday. EPI 2024 assesses the export capabilities (performance and readiness) and potential of Indian States and Union Territories covering the period FY2022-FY2024 and has been prepared with the support of Deloitte. India steps up bunker construction along LoC after Operation Sindoor  Following Operation Sindoor, the central government has intensified its focus on strengthening border infrastructure in Jammu and Kashmir. In north Kashmir’s Uri sector, the government is constructing at least 500 new bunkers to protect civilians living along the Line of Control (LoC), officials said, as part of broader measures aimed at enhancing safety in border areas vulnerable to cross-border shelling. The lack of adequate bunkers in border areas across Jammu and Kashmir during the Operation Sindoor operation laid bare the risks faced by residents during periods of heightened tension along the 740-km-long LoC.