Business

Union cabinet has approved the development of a new civil enclave at Srinagar International Airport at an estimated cost of Rs 1,677 crore, a move aimed at strengthening aviation infrastructure and connectivity in Jammu & Kashmir, according to an official statement.The project, cleared by the CCEA chaired by Prime Minister Narendra Modi, will involve construction…

Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of…

AI image used for representation purpose only NEW DELHI: The Reserve Bank of India has proposed a new set of rules that could reshape how banks and financial institutions sell insurance, loans, mutual funds and other financial products to customers.Issued on February 11, 2026, the draft All India Financial Institutions — Responsible Business Conduct Amendment…

The Union cabinet has approved three railway multitracking projects worth Rs 9,072 crore aimed at expanding network capacity and easing congestion across Maharashtra, Madhya Pradesh, Bihar and Jharkhand, according to an official statement.The projects includes, Gondia–Jabalpur doubling, Punarakh–Kiul third and fourth line, and Gamharia–Chandil third and fourth line, will together add about 307 km to…

Washington’s new import duties of 10% took effect on Tuesday, after the US Supreme Court dismantled President Donald Trump’s illegal tariff framework, last week. Introduced under Section 122 of the Trade Act of 1974, Trump has threatened to further raise the tariffs to 15%. The administration has labled the move as a measure to tackle…

A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…

IDFC First Bank disclosed that employees at its Chandigarh branch carried out unauthorised dealings in accounts linked to the Haryana government. (AI image) IDFC First Bank fraud case: Haryana Chief Minister Nayab Singh Saini on Tuesday told the state assembly that the government has succeeded in recovering nearly Rs 556 crore linked to the IDFC…

Gold edged eased on Tuesday, with April futures slipping 0.31% to Rs 1,61,102 per 10 grams amid ongoing global uncertainty over US tariffs. On the Multi Commodity Exchange, the yellow metal fell by Rs 496 in a turnover of 7,587 lots. In the international market, Comex gold futures for April fell $28.16, or 0.54%, to…

Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…

The story of AI in business is not one of universal acceleration. (AI image) Two stories from the past few weeks capture something essential about where we are with AI.The first concerns Salesforce, the enterprise software giant that aggressively embraced AI for customer service. CEO Marc Benioff proudly announced that AI deployment had allowed the…