11:11 | Chilly Frontier, Declining Dow Jones, Kotak Bank’s Stock Split, Trump’s Tariff Warnings, and More

11:11 | Chilly Frontier, Declining Dow Jones, Kotak Bank's Stock Split, Trump's Tariff Warnings, and More

North India shivers as Punjab registers 0°C, monsoon retreats from southern regions

The Northeast Monsoon is expected to recede from substantial areas of southern India in the next three days, while harsh winter conditions continue to affect northern and eastern states, according to the India Meteorological Department (IMD).

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Dow Jones drops 400 points, pressured by JPMorgan and financial stocks; Oil prices surge

US benchmark indices on Wall Street surrendered inflation-driven gains, closing lower on Tuesday, as financial stocks lagged amid concerns over US President Donald Trump’s suggestion to cap credit card interest rates at 10% for a year.

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Kotak Mahindra Bank shares decline post 1:5 stock split — Here’s what you should know

Shares of Kotak Mahindra Bank Ltd. fell on Wednesday, January 14, after the lender began trading adjusted for a stock split announced previously. Kotak Mahindra Bank has split one ₹5 share into five shares of ₹1 each, with the record date set for January 14.

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Uttarakhand estimates ₹15,103 crore in natural disaster losses for 2025; report submitted to Centre

According to a Post-Disaster Needs Assessment (PDNA) report prepared by the Uttarakhand State Disaster Management Authority, the state has incurred an estimated economic loss of ₹15,103.52 crore due to natural disasters in 2025, which has been sent to the Centre, officials confirmed.

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Jaishankar and Rubio discuss trade, essential minerals, and energy amid India-US $500 billion trade initiative

External Affairs Minister S Jaishankar communicated with US Secretary of State Marco Rubio on Tuesday (January 13), focusing on trade, critical minerals, nuclear cooperation, defense, and energy.

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India suggests annual updates to industrial output weights to mirror economic changes

India is contemplating annual adjustments to the weights used in calculating its Index of Industrial Production to more accurately reflect changes in the economy, according to a government discussion document.

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Trump’s Iran tariff warning puts pressure on India’s rice and tea exporters

US President Donald Trump’s alert that any country trading with Iran will face a sweeping 25% tariff has created significant uncertainty for Indian exporters engaged with the West Asian market.

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Anand Rathi Wealth maintains 20–25% revenue growth target despite strong performance

Anand Rathi Group’s wealth management arm, Anand Rathi Wealth, is set on achieving 20–25% annual growth over time. Feroze Azeez, Joint CEO at Anand Rathi Wealth, emphasized the focus on steady growth instead of over-ambition, aiming for 20–25% growth in the long run.

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Mewar Royal Family property conflict escalates to Delhi High Court: Key details

The property dispute between Lakshyaraj Singh Mewar and Padmaja Kumari Parmar, siblings in the Mewar Royal Family, has moved to the Delhi High Court. They are embroiled in a legal battle regarding the estate of their deceased father, Arvind Singh Mewar.

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IndiGo initiates ‘Sail Into 2026’ New Year sale with fares beginning at ₹1,499

IndiGo unveiled its New Year sale, ‘Sail Into 2026,’ on Tuesday, January 13, offering reduced fares on select domestic and international routes.

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Economic growth deemed the most robust and sustainable form of financial inclusion: CEA

Chief Economic Adviser V Anantha Nageswaran stated on Tuesday that economic growth is the most effective and sustainable means of achieving financial inclusion. He also noted that banks must integrate individuals graduating from the government’s credit initiatives into their core portfolios, and that investors in inclusive finance organizations should be prepared to accept lower financial returns in exchange for social benefits.

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