The Bombay Stock Exchange (BSE) IPO will launch next week from January 23 - 25, and is expected to raise as much as Rs. 1,250 crore for its investors, based on the indicative price range for the sale announced on Monday.The IPO will see  BSE's shareholders selling a total of 15.4 million shares, and will value the stock exchange - which has over 5,500 listed companies - at $645 million. The Singapore Exchange by comparison - which has over 774 listed companies - is valued at over $5.5 billion. 

The last GST meeting before Budget: The Centre and the states will meet today to settle the question of sharing of administrative powers under the goods and services tax (GST).The meeting - scheduled to happen at noon -is the last before the Union budget. It is expected to announce the GST rollout date, which initially planned for April 1 2017, is likely to miss that deadline. 

Stock in spotlight: NTPC, which has announced commercial operation for the first 250W unit of its Thermal Power Project in Nabinagar, Bihar. The plant is expected to beef up power availability for the state. The company has hit a new 52 week high this past week. 

Photo of the day: A buffalo hits a man during a traditional buffalo fight held as part of Magh Bihu celebrations in Assam. Anupam Nath/AP