Cathie Wood’s ARK Fintech ETF Defies 2025 Slump, Gaining 30% on AI Bet

(Bloomberg) — Cathie Wood’s ARK Blockchain & Fintech Innovation ETF delivered a standout 29% return in 2025, defying an industry downturn by stretching the definition of “financial technology.” The inclusion of stocks such as artificial intelligence firm Palantir Technologies Inc.,

Banks see double-digit credit growth in Q3 FY26 on strong lending

Six banks that reported their quarterly business updates for the October-December (Q3FY26) quarter on Friday recorded double-digit growth in their loan books compared with a year ago. Deposits also posted healthy growth during the period. Illustration: Uttam Ghosh State-owned Punjab

FPIs purchase Rs 7,524 crore of debt, highest single day in 7 months

The first day of the year 2026 was positive for the debt market with foreign investors buying a net domestic debt of Rs 7,524 crore, the highest single-day inflow since May 29 last year. Foreign portfolio investors pumped Rs 29,179

India’s forex reserves jump $3.29 bn to $696.61 bn

India’s forex reserves jumped by $3.29 billion to $696.61 billion in the week to December 26, the RBI said on Friday. Photograph: Florence Lo/Reuters The overall kitty had increased by $4.368 billion to $693.32 billion in the previous reporting week.

India’s manufacturing sector activity falls to 2-yr low in Dec

India’s manufacturing sector activity witnessed the weakest improvement in the sector in two years in December on account of softer expansions in new orders, prompting firms to limit input purchases and job creation, a monthly survey said on Friday. Photograph:

Amber Enterprises Arms Secure Approval under Electronics Manufacturing Scheme

Amber Enterprises India on January 2 said its step-down subsidiaries have received formal approval under the Electronics Components Manufacturing Scheme, marking a key milestone in the company’s expansion in domestic electronics manufacturing. According to the regulatory filing, Ascent-K Circuit Private

Radhakishan Damani-backed DMart to be in focus on Monday after Q3 business update. Details here

Shares of Avenue Supermarts, which operates the retail chain DMart, are expected to attract investors during Monday’s session (5 January), following the release of the company’s December quarter business update. In its filing to the exchanges after market hours today,

Nifty hits record intra-day high; Sensex jumps 573 points

Equity benchmark index Nifty hit its lifetime peak before closing 182 points higher on Friday, and the BSE Sensex jumped 573 points, powered by strong buying in power, banking and metal stocks. Photograph: Shailesh Andrade/Reuters Unabated capital infusion by domestic

India’s Busiest Route: Air India Beats Indigo!

With 7.64 million seats, the Mumbai-Delhi route in 2025 was the eighth busiest route in the world. Photograph: ANI Photo   It is among the top 10 busiest routes in the world in terms of the number of seats and

GST collections rise 6% to over Rs 1.74 lakh cr in December 2025

Gross GST collections rose 6.1 per cent to over Rs 1.74 lakh crore in December 2025, even as sweeping tax cuts slowed down growth in revenues from domestic transactions, according to government data released on Thursday. Illustration: Dominic Xavier/Rediff The

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