Maduro pleads not guilty, rupee up again, Swiggy and Eternal extend losses

In this edition, we break down Nicolas Maduro’s not-guilty plea in a US court and his defiant claim to Venezuela’s presidency, the rupee’s continued rebound amid shifting global cues, and the extended slide in Swiggy and Eternal shares even though global analysts remain bullish.

Nicolas Maduro pleads not guilty in US court, says 'I am president of my country'

Deposed Venezuelan President Nicolás Maduro pleaded not guilty in the US court and told the judge, "I am a decent man, the president of my country."

Maduro made his first appearance in a US courtroom on January 5 following his capture on the narco-terrorism charges the Trump administration used to justify capturing him.

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US will receive $600 billion in tariffs, says Donald Trump

President Donald Trump said on Monday (January 5) that the US will receive more than US$600 billion in tariffs, asserting that America is "far stronger" in national security and financially because of the levies it has imposed on countries around the world.

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Danish prime minister says US takeover of Greenland would mark end of NATO

Danish Prime Minister Mette Frederiksen said Monday, January 5, Jam an American takeover of Greenland would amount to the end of the NATO military alliance. Her comments came in response to US President Donald Trump’s renewed call for the strategic, mineral-rich Arctic island to come under US control in the aftermath of the weekend military operation in Venezuela.

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'Blatantly untrue': Reliance Industries says not expecting any Russian cargo in January

Reliance Industries Ltd. has strongly denied reports suggesting that Russian oil cargoes are headed to its Jamnagar refinery, calling such claims "blatantly untrue" and saying they have tarnished the company's image.

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Rupee rises to 90.12 against dollar: Global and domestic drivers explained

The Indian rupee edged higher on Tuesday (Januray 6), rising 18 paise to 90.12 against the US dollar in early trade, buoyed by a softer greenback and a decline in global crude oil prices. At the interbank foreign exchange, the rupee opened at 90.22 and strengthened as market participants weighed currency flows and global cues.

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Swiggy, Eternal shares extend losses but global analysts are bullish

Shares of food delivery and quick commerce aggregators Swiggy Ltd. and Eternal Ltd. are trading with losses on Tuesday, January 6. While shares of Swiggy are down nearly 4%, those of Eternal have extended their losses to 2% as well. This is the third straight day of declines for Swiggy, while for Eternal, the losses extended for the second-day running.

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Nvidia launches new, more powerful Vera Rubin chip at CES 2026: All about it

Nvidia CEO Jensen Huang launched the company's new Rubin computing architecture at the Consumer Electronics Show (CES) 2026 in Las Vegas. The Rubin architecture, named after astronomer Vera Florence Cooper Rubin, is designed to address the skyrocketing computational demands of AI systems.

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Gold, silver trends explained: What’s supporting prices at elevated levels

Gold and silver prices remained elevated on Tuesday, January 6, reflecting a market caught between intensifying geopolitical risks and a heavy slate of upcoming US economic data. While safe-haven demand kept precious metals well supported, investors also turned cautious ahead of key macro signals that could influence interest-rate expectations and currency movements.

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Trent shares fall 8%, below their lowest analyst price target after Q3 business update

Shares of Tata Group company Trent Ltd. declined as much as 8% on Tuesday, January 6, following the company's third quarter business update. Trent reported a 17% growth in Q3 revenue at ₹5,220 crore, compared with ₹4,466 crore in the corresponding quarter last year.

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IndusInd Bank shares in focus after loan book falls over 10% in Q3, deposits decline too

Shares of Mumbai-based private lender IndusInd Bank Ltd. will be in focus on Tuesday, January 6, in response to the quarterly business update that the lender shared after market closing hours on Monday, January 5.

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UP tops list of business-friendly states; implemented Centre's reforms in 23 areas

Uttar Pradesh has emerged as the leading state in implementing reforms to simplify, make business operations more transparent, and attract investment in 23 key priority areas identified by the Centre, officials said on Monday.

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