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India forecast to face colder January, says weather office

MUMBAI, Jan 1 (Reuters) – India is set to see below-average maximum and minimum temperatures in January, the weather office said on Thursday, raising the prospect of higher yields for key winter-sown crops such as wheat, rapeseed and chickpeas. The country is also likely to experience above-average cold-wave days, particularly across central and eastern India, Mrutyunjay Mohapatra, director-general of the India Meteorological Department, told a virtual news conference.

Gold kicks off 2026 on a firm note; silver slides after record rally

New Delhi, Jan 1 (PTI) Gold prices started the new year on a firm note on Thursday, rising by Rs 640 to Rs 1,38,340 per 10 grams in the national capital, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had closed at Rs 1,37,700 per 10 grams on Wednesday. However, silver prices extended losses for the second consecutive day, depreciating Rs 1,600 to Rs 2,37,400 per kilogram (inclusive of all taxes) from the previous close of Rs 2,39,000 per kg. The rally in both gold and silver during 2025 was spectacular. The yellow

Rupee falls 10 paise to close at 89.98 against US dollar

Mumbai, Jan 1 (PTI) The rupee depreciated 10 paise to close at 89.98 (provisional) against the US dollar on Thursday, the first trading session of 2026, as sustained foreign fund outflows and a negative trend in domestic equities dented investor sentiments. Forex traders said the USD/INR pair traded in a tight range, as support from easing crude oil prices was offset by a positive tone in the US dollar index and foreign fund outflows. The Indian rupee declined on the first day of the year, after registering a 5 per cent slump in 2025, as significant fund outflows kept dollar

Stock market ends first trading session of 2026 on flat note; ITC biggest drag

Mumbai, Jan 1 (PTI) Equity benchmark indices Sensex and Nifty ended flat on the first trading session of 2026, as massive selling in ITC stocks and foreign fund outflows diminished the initial enthusiasm. The 30-share BSE Sensex dipped 32 points or 0.04 per cent to settle at 85,188.60 on Thursday. During the day, it hit a high of 85,451.70 and a low of 85,101.52, fluctuating 350.18 points. The 50-share NSE Nifty went up marginally by 16.95 points or 0.06 per cent to end at 26,146.55. From the 30-Sensex firms, ITC tanked 9.69 per cent, following Bajaj Finance, Asian Paints, Bharat

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