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Shoppers Stop profit slumps 69%

Financial Express Chennai

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January 21, 2026

INDIA'S OLDEST DEPARTMENT store chain, Shoppers Stop, reported a 69% year-on-year decline in third-quarter (Q3FY26) profit on Tuesday, as urban consumers curtailed discretionary spending amid slowing wage growth in key cities.

- VIVEAT SUSAN PINTO

The retailer posted a consolidated net profit of ₹16 crore for the quarter ended December 31, 2025, compared with ₹52 crore in the year-ago period.

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Clear dues for barrier-free tolling system: MORTH

IN A RUN-UP to a barrier-free tolling system, the government has amended rules to make it mandatory for vehicle owners to clear all toll plaza dues before selling their vehicle or obtaining a fitness certificate.

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January 21, 2026

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Markets log worst day in 8 months on weak earnings

INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE

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On cusp of historic India deal: Ursula

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Lavrov lauds ties with India, China

RUSSIAN FOREIGN MINISTER Sergey Lavrov on Tuesday lauded Moscow’s bilateral ties with Delhi and Beijing and called for reactivating the Russia-India-China (RIC) trialogue, asserting that multipolarity is “here to stay”.

time to read

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Financial Express Chennai

Rethink amid fragmented supply chains

The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience

time to read

3 mins

January 21, 2026

Financial Express Chennai

New steel scrap policy in the works

THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.

time to read

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January 21, 2026

Financial Express Chennai

PNB sees NIM recovering from Sept qtr

PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.

time to read

2 mins

January 21, 2026

Financial Express Chennai

Recalibrating market vigour

DERIVATIVES BOOM HAS SHOWN INDIA'S MARKET POTENTIAL, THE REFORMS AHEAD WILL DEFINE ITS PURPOSE

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4 mins

January 21, 2026

Financial Express Chennai

Embassy enters Mumbai realty mkt

LUXURY FORAY

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2 mins

January 21, 2026

Financial Express Chennai

NHAI looks to prepay ₹35,000-cr debt this fiscal

THE NATIONAL HIGHWAYS Authority of India (NHAI) is planning to retire more than ₹35,000-crore debt before maturity in the current financial year, a plan which will bring down its outstanding liabilities below ₹2 lakh crore.

time to read

1 min

January 21, 2026

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