Amid volatility in Indian markets, experts advised mutual fund investors to exercise caution and refrain from making substantial investments. Experts said long-term investors with well-diversified portfolios who invest through SIPs should remain invested. Experts also said the possibility of a strong US dollar could negatively impact global market sentiment and trigger corrections.

The UK's Competition and Markets Authority (CMA) will probe Google to assess the impact of its search and ad services on consumers and businesses. The probe will analyse whether Google is using its dominant position "to prevent innovation by others". This comes months after a US judge ruled that Google has an illegal monopoly over internet search.

Amazon and Blue Origin Founder Jeff Bezos said he believes SpaceX CEO Elon Musk won't use his close ties with US President-elect Donald Trump to undercut rival space companies. "Elon has been very clear that he's doing this for the public interest and not for his personal gain. And I take him at face value," Bezos added.

Former Infosys CFO Mohandas Pai commented on the 15.8% rise in the net direct tax collection so far this fiscal. "Very high growth in IT/CT collection for the third year...Time for Finance Minister Nirmala Sitharaman to...reduce taxes on long-suffering middle-class taxpayers," Pai said. He also urged PM Narendra Modi to give relief to the middle class in the Budget.

Driven by the country's technological prowess, digitisation efforts, a supportive regulatory regime, and the launch of the Unified Payments Interface (UPI) in 2016, India's digital payment ecosystem has grown unhinged. Launched by erstwhile RBI governor Raghuram G Rajan, UPI was first piloted in Mumbai with 21 member banks.

Delhi NCR-based Breathe Well-being fired about 100 employees in a restructuring exercise last week. The reason behind the layoffs was that the startup has not been able to raise fresh funding and only has a runway of 6 months to 1 year adding that the number of employees impacted by the restructuring exercise could be as high as 120.

Since the unveiling of Startup India back in 2015, the ecosystem has seen a tremendous jump in the number of startups as well as funding, with number of recognised startups now nearing the 1.6 lakh mark. The centre has evidently been bullish on bolstering the growth of these startups with various initiatives, facilitating startups with funds, simplified compliance and collaboration.

Globe Textiles (India) Limited has announced its rights issue, offering eligible shareholders an opportunity to improve their engagement and equity ownership in the company. The company seeks to raise ₹45.04 crore through the rights issue to support strategic investments aimed at long-term growth, including initiatives in R&D, product development, and market expansion.

Pradeep Kumar Dwivedi's innovative farming approach has empowered 40,000 farmers, boosting incomes through crops like Quinoa, Moringa, and Chia. His ₹48 crore annual income comes from crop cultivation and value-added products. Pradeep's journey reflects a deep commitment to innovation and a passion for sustainability.

Shares of 5 public sector unit (PSU) banks jumped up to 20% on Tuesday. The shares rose after the government approved fund-raising plans of up to ₹10,000 crore for 5 banks through QIP, and additional stake sales via OFS. The 5 banks are Indian Overseas Bank, Bank of Maharashtra, Punjab & Sind Bank, UCO Bank and Central Bank of India.