Business updates

Business updates

Gems, jewellery exports stay almost flat despite 44% decline in exports to US

Provisional exports for the nine-month period of 2025 stood at $ 20.75 billion, a marginal year-on-year decline of 0.41%>

Reliance clocks flat profit in Q3 as weak O2C revenue offsets gains in Jio

RIL Q3 Results 2025-26: Net profit rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to ₹2,69,496 crore.>

Union Budget 2026 likely to peg India's fiscal deficit target at 4.3%, ICRA says

Union Budget 2026 is set to be an interesting one as government's focus is shifting to debt consolidation from fiscal deficit targets, ICRA says.>

Union Budget 2026: Stock market to stay open on budget day — a Sunday

India's stock markets will remain open for trading on budget day despite being a Sunday, according to circulars issued by NSE and BSE.>

Tech Mahindra Q3 Results: Revenue up 2.8% even as net profit shows labour-code impact

Tech Mahindra Q3 Results: Revenue of the Mahindra Group firm rose 2.8% over the previous three months to ₹14,393 crore in the quarter ended 31 December 2026.>

Wipro Q3 Results: Revenue up 3.8% even as profitability takes a hit

Wipro Q3 Results: Consolidated revenue rose 3.8% QoQ to ₹23,556 crore even as EBIT fell 5.1% QoQ to ₹3,491 crore.>

Unemployment rate at 4.8% in December

Labour Force Participation Rate (LFPR) in the economy was 42.5% in December 2025, the highest in nine months. LFPR was 42.3% in November>

Google launches Market Access Program

Alongside the programme, Google announced two new additions to its open-source Gemma model family. One of them, MedGemma 1.5 and FunctionGemma>

Anthropic taps Microsoft veteran Irina Ghose to lead India ops as users surge

Anthropic plans to officially open its Bengaluru office in February, with CEO Dario Amodei scheduled to visit for the launch and the India AI Impact Summit.>

IT stocks lead Sensex, Nifty 50 higher after Infosys raises revenue forecast

Nifty IT index was up 3% with all 10 stocks rising. Wipro rose 3% ahead of its quarterly results later today, even as Infosys shares jumped 5% after Q3 results.>

Credits : HTimes