Month: February 2026

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Posted in Economy

India’s retail inflation at 2.75% in January as housing, services gain weight in CPI basket

India’s retail inflation rose to 2.75% in January 2026 on higher food and precious metal prices, according to the first reading of the new Consumer…

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India's new inflation series cuts the weight of volatile items such as food to about 36.8% from nearly half. (AFP)
Posted in Business

India inflation rate climbs to 2.75% in January 2026 under new CPI series| Business News

India’s inflation rate has risen to the highest in eight months under the new CPI series to fall within the Reserve Bank of India’s tolerance…

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Commerce Minister Piyush Goyal. (HT)
Posted in Business

India likely to get Bangladesh-style 0% tariff on textiles as part of US trade deal: Piyush Goyal| Business News

India’s textile industry is expected to get zero-tariff benefits, a la Bangladesh, as part of the trade deal with United States, Commerce Minister Piyush Goyal…

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Posted in Economy

India likely to receive Bangladesh-style zero-duty benefits on US cotton: Commerce Ministry

India will receive yarn and cotton-related trade benefits similar to those extended to Bangladesh, the Commerce Ministry said, signaling a potential boost for the country’s…

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The rise of Anthropic's AI tools threatens to upend the labour-intensive business model of Indian IT industry. (AI Image)
Posted in Business

Nifty IT slides to four-month low amid AI, US Fed rate cut concerns| Business News

Shares of Indian software exporters slid more than 4% on Thursday, extending losses for the week, as persistent fears of AI-led disruption and fading hopes…

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Hindustan Unilever's share price fell as much as 4.55% after the quarterly results were declared. (Reuters)
Posted in Business

Profit surges 120% due to one-off gains from Kwality Wall’s demerger| Business News

Hindustan Unilever Ltd. more than doubled its bottomline in the third quarter of the ongoing fiscal due to a one-off gain from demerger of its…

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Posted in Economy

India’s agri export to US set to jump as 75% of export items now enjoy zero tariff: SBI Report

New Delhi: India’s export to the United States on agricultural commodities is set to witness a significant jump as 75 per cent of such exports…

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The RBI has on multiple occasions said it does not target any specific level for the rupee and only intervenes to curb excessive volatility. (Reuters)
Posted in Business

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…

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Microsoft presumably spent $8-10 million for a Super Bowl ad that tells us how Excel is now AI enabled. That, after the company has cut 15,000 jobs.
Posted in Business

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…

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A vegetable market in New Delhi. (PTI)
Posted in Business

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…

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