Fixing problems, unlocking India’s growth potential
India’s economic journey has always been shaped by bold reforms, and the latest set of…
Sell-off in IT stocks drag down indices by over 1%
Benchmark stock indices were on Tuesday fell over 1% amidst sell-off in technology stocks owing to trade related uncertainties and concerns over artificial intelligence (AI)-led disruptions, analysts said. The 30-share BSE Sensex fell 1.28% or 1,069 points to 82,226 led by fall in technology stocks. The top Sensex losers included Tech Mahindra down 6.60%, HCL…
Markets dive over 1% as IT stocks crumble; Sensex plunges 1,068.74 points
Equity benchmark indices Sensex and Nifty tumbled more than 1% on Tuesday (February 24, 2026), dragged down by heavy losses in IT stocks amid concerns over artificial intelligence-led disruption and renewed trade-related uncertainties. Rising global crude prices amid escalating U.S.-Iran tensions and sluggish global cues also hit investor sentiment, traders said. The 30-share BSE Sensex…
Rupee declines 6 paise to settle at 90.95 against U.S. dollar
Image used for representational purposes only. File | Photo Credit: Reuters The rupee traded in a narrow range on Tuesday (February 24, 2026) and settled 6 paise lower at 90.95 (provisional) against the U.S. dollar amid a firm greenback and higher crude oil prices. A sharp fall in domestic equity markets and uncertainties over the…
India aims to raise $20 billion from IPOs of state-run firms by 2030
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India said it aims to raise ₹1.79 trillion rupees ($20 billion) from selling stakes in state-run firms through initial public offerings by the 2029/30 financial year, after previously backing away from outright privatisation plans. The IPOs will be part of a broader push to…
Gold futures drop ₹496 to ₹1.61 lakh per 10 g
Image for representational purposes only. | Photo Credit: Reuters Gold prices dropped 0.31% to ₹1.61 lakh per 10 grams in the futures trade on Tuesday (February 24, 2026) amid global uncertainties triggered by U.S. tariffs. On the Multi Commodity Exchange, the yellow metal for April delivery depreciated by ₹496, or 0.31%, to ₹1,61,102 per 10…
New U.S. tariffs take effect today after Supreme Court ruling
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Fresh U.S. tariffs on imported goods came into effect on Tuesday (February 24, 2026), as President Donald Trump moved to rebuild his trade agenda after the Supreme Court ruled against a swath of his global duties. The new tariffs, initially set at 10%, are…
Gold falls from three-week high on profit-booking, firm dollar
Gold prices fell on Tuesday as investors booked profits after bullion rose more than 2% in the previous session, while pressure from a stronger dollar also weighed on the yellow metal. Spot gold fell 1.2% to $5,167.28 per ounce by 0538 GMT, snapping a four-session winning streak and dropping from a more than three-week high…
Markets slump nearly 1% on IT rout; Trump tariff worries hit investor sentiment
From Sensex, the State Bank of India, Axis Bank, PowerGrid, Asian Paints, Kotak Mahindra Bank, and Tata Steel were among the gainers. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty slumped nearly 1% in early trade on Tuesday (February 24, 2026), dragged down by a sharp selloff in IT stocks amid rising…
Rupee falls 7 paise to 90.96 against the U.S. dollar
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee fell by 7 paise to 90.96 against the U.S. dollar in early trade on Tuesday (February 24, 2026), weighed down by a rise in global crude oil prices and a stronger greenback. A poor start to the domestic equity markets further pressured…
On AI, India’s enthusiasm contends with fundamental constraints
As the AI Impact Summit drew to a close on Friday, it was clear that the government sought, if at least for a week, to make India the centre for all things AI in the world. The crowds showed up, with half-a-million attendees thronging the expo and crowding out all the session rooms. World leaders…
