Month: February 2026
RBI surprises market with aggressive dollar sale to support rupee| Business News
The Reserve Bank of India sold dollars heavily before the local market opened on Thursday to lift the rupee, six bankers said, with the scale…
WD wins in AI gold rush, Braille credit cards, and Super Bowl ads| Business News
Good morning! Microsoft presumably spent $8-10 million for a Super Bowl ad that tells us how Excel is now AI enabled. That, after the company…
Govt set to release new inflation data today to capture how India spends| Business News
India is taking major steps to overhaul its key statistics to better capture the rapid expansion in consumer spending over the past decade and improve…
India-US trade deal: New Delhi’s trade surplus with Washington may cross $90 billion within a year, says SBI Report
New Delhi: India’s trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import…
India’s inflation revamp may give Reserve Bank a reason to stay on hold
India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…
Trump calls India-US trade deal ‘historic’ as tariff cuts and coal exports take centre stage
US President Donald Trump on Wednesday described the newly concluded India–United States agreement as a “historic trade deal”, saying it would sharply expand American energy…
Preferential allotment likely in PFC-REC merger to help Centre retain majority stake and government company status
New Delhi: The proposed union of Power Finance Corp (PFC) and REC could include a preferential allotment of shares to the Centre as part of…
India allows 100% FDI in insurance sector under automatic route
New Delhi: India on Wednesday operationalised up to 100% foreign ownership in the insurance sector, a move aimed at deepening insurance penetration and attracting overseas…
GST summons are for inquiry, don’t amount to detention: HC
The Aurangabad bench of the Bombay High Court has held that summons issued under Section 70 of the Central Goods and Services Tax (CGST) Act…
India aims to sign interim trade deal legal pact with US by March-end: Commerce Secy Rajesh Agrawal
New Delhi: India expects to finalise and sign the legal agreement for an interim trade deal with the US by March-end, commerce secretary Rajesh Agrawal…