Big blow to cryptocurrencies! Bitcoin slips to $92,000 after Trump tariff threat; Ether & Solana also slide

Cryptocurrencies fell sharply on Monday as US President Donald Trump’s threat to impose new tariffs on eight European countries rattled risk assets and boosted demand for safe-haven assets. Bitcoin slid 3.6% to below $92,000, while other major tokens also saw a sharp decline.Ether, the second-largest digital asset, dropped 4.9%, and Solana fell 8.6% as traders…

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Nalco eyes foray into rare earths, magnesium, chromite amid critical minerals push

State-owned Nalco is open to venturing into mining of rare earth elements (REEs) with its bid advisor conducting due diligence on domestic auctions for REEs, magnesium and chromite blocks, its CMD Brijendra Pratap Singh Monday said. The move signals National Aluminium Company Ltd’s (Nalco) diversification strategy beyond bauxite and alumina, targeting high-value critical minerals essential…

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Stocks to buy: What’s the outlook for Nifty for the week starting January 19, 2026? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are LTIMindtree Ltd, and UltraTech Cement. Here’s his view on Nifty, Bank Nifty for the week starting January 19, 2026:Nifty View:After hitting a fresh alltime high of…

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Trump’s Greenland gambit: EU leaders to meet in Brussels after US announces 10% tariffs — what’s on agenda

European Union leaders will hold an emergency meeting in Brussels on Thursday to decide how to respond to US President Donald Trump’s threat to impose new tariffs on several European countries.EU ambassadors met on Sunday and broadly agreed on a bilateral approach. This includes intensifying diplomatic efforts to discourage Washington from proceeding with the tariffs,…

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HDFC sets wide deposit targets, flags uncertainty

MUMBAI: HDFC Bank’s chief has admitted that the bank has fallen short of its deposit mobilisation growth and has set a very wide range for credit-deposit targets for the current financial year and the next, highlighting the uncertain environment.“Having focused on granular segments has given us encouraging outcomes. We did, however, fall short of our…

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New CPI basket won’t include free food items

NEW DELHI: Free food items, such as wheat and rice made available through the public distribution system (PDS), to nearly 80 crore people will not be part of the new consumer price index (CPI) basket, as the 22-member technical advisory panel, tasked with updating the base year of price indices, has decided to stick to…

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VinFast set to expand, roll out 3 models

NEW DELHI: Vietnamese electric carmaker VinFast will roll out three new models in India in 2026 and expand its retail and service network as it scales up operations in the country, according to a senior official in the company .“We will begin with launching a seven-seater MPV… Beyond that, additional models will follow, each addressing…

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