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What is the story about?
Markets opened the day digesting a mix of domestic data, corporate earnings and policy signals. Official figures showed the Centre’s fiscal deficit narrowed to ₹8.56 lakh crore in April–December, at 54.5% of the FY26 target, offering comfort on the consolidation path ahead of Budget 2026. Policy expectations are also building, with industry voices flagging possible tax simplification and rationalisation of customs duties in the upcoming Budget.
Regulatory developments remained in the spotlight as SEBI granted a no-objection certificate for the NSE IPO, clearing a key hurdle for the bourse’s long-awaited listing. On inflation, details of the new CPI series showed a lower weight for food, reflecting shifting consumption trends.
Corporate earnings provided stock-specific cues. Bajaj Auto posted a margin-led beat with record domestic revenue, while Nestle posted volume-led sales growth. Apple, meanwhile, said India delivered strong double-digit revenue growth in the December quarter, underlining the market’s rising importance.
Separately, commodities saw sharp action, with silver prices crashing up to 15% on the MCX, as analysts pointed to profit-booking after recent record highs and a rebound in the US dollar, dragging gold lower as well.
Global developments came into focus later in the session, after US President Donald Trump named Kevin Warsh as the next Federal Reserve Chair, a move closely watched by markets for its implications on rates and liquidity.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Meet Kevin Warsh — The 17th Federal Reserve Chair picked by Donald Trump
Kevin Warsh, former governor of the US Federal Reserve has been picked by US President Donald Trump as the 17th Chair of the central bank, an official announcement made on Friday, January 30, disclosed.
Read More
Silver price crash: Rates on MCX in 15% lower circuit as commodities sell-off globally
Why silver is falling today: Analysts attributed the decline to profit-booking following recent all-time highs and a rebound in the US dollar.
Read more here
Budget 2026 may focus on tax simplification, with calls for a single income tax and lower customs duty
From streamlining the two income tax slabs into one, to dropping the custom duty rates, industry experts expect some changes in the income tax scenario in the Union Budget 2026. However, not much change is anticipated in the Income Tax Act due to the introduction of the Labour Codes.
Read More
Also Read:Defence capex will be 15-20% or higher in Budget 2026, says ex-def secy Giridhar Aramane
India’s fiscal deficit at ₹8.56 lakh crore in April–December, 54.5% of FY26 target
India’s fiscal arithmetic showed a measure of consolidation in the first nine months of 2025-26, with the Centre’s deficit narrowing 6.4% year-on-year to ₹8.56 lakh crore in April–December, according to data released by the Controller General of Accounts on Friday.
Read More
SEBI grants NOC for NSE IPO, likely to file DRHP by April
The Securities and Exchange Board of India (SEBI) has granted a No-Objection Certificate (NOC) for the National Stock Exchange’s (NSE) initial public offering (IPO), clearing a key regulatory hurdle for the country’s largest stock exchange to finally go public.
Read More
New CPI series sees food weight at 34.77%, beverages at 1.77%
As India prepares to roll out a new Consumer Price Index (CPI) series, the relative weight of food in the inflation basket has shifted lower, reflecting changes in household consumption patterns captured in the rebasing exercise, according to details released by the Ministry of Statistics and Programme Implementation (MoSPI).
Read More
Bajaj Auto Q3 Results: Margin expands, beat estimates; record revenue for domestic biz
Bajaj Auto Ltd delivered a robust performance in the third quarter, supported by broad-based growth across domestic, export and electric vehicle segments, even as profits came in marginally below street expectations. Net profit rose 18.6% year-on-year to ₹2,502 crore, compared with a CNBC-TV18 poll estimate of ₹2,562 crore.
Read More
Also Read:Nestle India Q3 Results: Stock rises aided by volume-led sales growth, ad spends keep margins in check
Apple’s Cook says India posts strong double-digit revenue growth as iPhone sales soar
Apple recorded “strong double-digit revenue” growth in India during the December quarter of 2025, highlighting the country’s growing role in the iPhone maker’s global expansion strategy, CEO Tim Cook said.
Read More
Trump sues IRS and Treasury for USD 10B over leaked tax info
President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president’s tax information to news outlets.
Read More
Beyond #Newsroom
Follow the CNBC-TV18 channel on WhatsApp
Catch crispy news updates on the go! - CNBCTV18 Minis
Watch all #videos under one segment- CNBCTV18 Binge
We bring you real-time updates and analysis of the stock market - Real-time market updates
We'll see you on Monday with another engaging 'Top 10@10.'
Regulatory developments remained in the spotlight as SEBI granted a no-objection certificate for the NSE IPO, clearing a key hurdle for the bourse’s long-awaited listing. On inflation, details of the new CPI series showed a lower weight for food, reflecting shifting consumption trends.
Corporate earnings provided stock-specific cues. Bajaj Auto posted a margin-led beat with record domestic revenue, while Nestle posted volume-led sales growth. Apple, meanwhile, said India delivered strong double-digit revenue growth in the December quarter, underlining the market’s rising importance.
Separately, commodities saw sharp action, with silver prices crashing up to 15% on the MCX, as analysts pointed to profit-booking after recent record highs and a rebound in the US dollar, dragging gold lower as well.
Global developments came into focus later in the session, after US President Donald Trump named Kevin Warsh as the next Federal Reserve Chair, a move closely watched by markets for its implications on rates and liquidity.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Meet Kevin Warsh — The 17th Federal Reserve Chair picked by Donald Trump
Kevin Warsh, former governor of the US Federal Reserve has been picked by US President Donald Trump as the 17th Chair of the central bank, an official announcement made on Friday, January 30, disclosed.
Read More
Silver price crash: Rates on MCX in 15% lower circuit as commodities sell-off globally
Why silver is falling today: Analysts attributed the decline to profit-booking following recent all-time highs and a rebound in the US dollar.
Read more here
Budget 2026 may focus on tax simplification, with calls for a single income tax and lower customs duty
From streamlining the two income tax slabs into one, to dropping the custom duty rates, industry experts expect some changes in the income tax scenario in the Union Budget 2026. However, not much change is anticipated in the Income Tax Act due to the introduction of the Labour Codes.
Read More
Also Read:Defence capex will be 15-20% or higher in Budget 2026, says ex-def secy Giridhar Aramane
India’s fiscal deficit at ₹8.56 lakh crore in April–December, 54.5% of FY26 target
India’s fiscal arithmetic showed a measure of consolidation in the first nine months of 2025-26, with the Centre’s deficit narrowing 6.4% year-on-year to ₹8.56 lakh crore in April–December, according to data released by the Controller General of Accounts on Friday.
Read More
SEBI grants NOC for NSE IPO, likely to file DRHP by April
The Securities and Exchange Board of India (SEBI) has granted a No-Objection Certificate (NOC) for the National Stock Exchange’s (NSE) initial public offering (IPO), clearing a key regulatory hurdle for the country’s largest stock exchange to finally go public.
Read More
New CPI series sees food weight at 34.77%, beverages at 1.77%
As India prepares to roll out a new Consumer Price Index (CPI) series, the relative weight of food in the inflation basket has shifted lower, reflecting changes in household consumption patterns captured in the rebasing exercise, according to details released by the Ministry of Statistics and Programme Implementation (MoSPI).
Read More
Bajaj Auto Q3 Results: Margin expands, beat estimates; record revenue for domestic biz
Bajaj Auto Ltd delivered a robust performance in the third quarter, supported by broad-based growth across domestic, export and electric vehicle segments, even as profits came in marginally below street expectations. Net profit rose 18.6% year-on-year to ₹2,502 crore, compared with a CNBC-TV18 poll estimate of ₹2,562 crore.
Read More
Also Read:Nestle India Q3 Results: Stock rises aided by volume-led sales growth, ad spends keep margins in check
Apple’s Cook says India posts strong double-digit revenue growth as iPhone sales soar
Apple recorded “strong double-digit revenue” growth in India during the December quarter of 2025, highlighting the country’s growing role in the iPhone maker’s global expansion strategy, CEO Tim Cook said.
Read More
Trump sues IRS and Treasury for USD 10B over leaked tax info
President Donald Trump is suing the IRS and Treasury Department for $10 billion, as he accuses the federal agencies of a failure to prevent a leak of the president’s tax information to news outlets.
Read More
Beyond #Newsroom
Follow the CNBC-TV18 channel on WhatsApp
Catch crispy news updates on the go! - CNBCTV18 Minis
Watch all #videos under one segment- CNBCTV18 Binge
We bring you real-time updates and analysis of the stock market - Real-time market updates
We'll see you on Monday with another engaging 'Top 10@10.'
