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11:11| Freezing frontier, falling Dow Jones, Kotak Bank’s stock split, Trump’s tariff threat and more

Business11:11| Freezing frontier, falling Dow Jones, Kotak Bank's stock split, Trump's tariff threat and more

North India freezes as Punjab records 0°C, monsoon withdraws from south

The Northeast Monsoon is likely to withdraw from large parts of southern India over the next three days, even as severe winter conditions persist across northern and eastern regions, the India Meteorological Department (IMD) said.

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Dow Jones falls 400 points dragged lower by JPMorgan, financial stocks; Oil rallies

US benchmark indices on Wall Street gave up inflation-led gains to end lower on Tuesday as financial stocks continued to underperform on concerns over US President Donald Trump’s musing of keeping credit card interest rates capped at 10% for a year.

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Kotak Mahindra Bank shares fall after adjusting for 1:5 stock split — All you need to know

Shares of Kotak Mahindra Bank Ltd. fell on Wednesday, January 14, as the lender began trading adjusted for its stock split announced earlier.Kotak Mahindra Bank has divided one share of ₹5 into five shares of ₹1 each. Record date for the stock split was fixed for January 14.

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Uttarakhand pegs 2025 natural disaster losses at ₹15,103 crore; report sent to Centre

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

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Jaishankar, Rubio discuss trade, critical minerals and energy amid India-US $500 billion trade push

External Affairs Minister S Jaishankar on Tuesday (January 13) held a phone conversation with US Secretary of State Marco Rubio, with discussions focusing on trade, critical minerals, nuclear cooperation, defence, and energy.

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India proposes annual revisions to industrial output weights to reflect economic shifts

India is considering revisions to the weights used to calculate its Index of Industrial Production annually to better reflect changes in the economy, a government discussion paper said.

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Trump’s Iran tariff threat puts India’s rice, tea exporters on the edge

US President Donald Trump’s warning that any country doing business with Iran will face a sweeping 25% tariff has sent ripples through global trade corridors, triggering fresh uncertainty for Indian exporters with exposure to the West Asian nation.

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Anand Rathi Wealth sticks to 20–25% revenue growth plan despite a strong run

Mumbai-based Anand Rathi Group’s wealth management company, Anand Rathi Wealth remains committed to achieving 20–25% annual growth over time.Feroze Azeez, Joint CEO at Anand Rathi Wealth, said the company focuses on consistent growth rather than over-achievement, targeting 20–25% growth over the long term.

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Mewar Royal Family property dispute reaches Delhi High Court: All about it

The property dispute between Lakshyaraj Singh Mewar and Padmaja Kumari Parmar, the siblings of the Mewar Royal Family, is now in the Delhi High Court. They are locked in a legal battle over the assets of their late father, Arvind Singh Mewar.

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

IndiGo on Tuesday, January 13,  announced the launch of its New Year sale, ‘Sail Into 2026,’ offering discounted fares across select domestic and international routes.

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Economic growth strongest, most sustainable form of financial inclusion: CEA

Chief Economic Adviser V Anantha Nageswaran on Tuesday said economic growth itself is the strongest and most sustainable form of financial inclusion. He also said that banks have to include people graduating from the government’s credit support schemes in their core portfolios, and investors in inclusive finance institutions need to accept lower financial returns in exchange for social returns.

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