Foreign institutional investors offloaded equities worth ₹2,150.51 crore on February 5, according to exchange data. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty declined in early trade on Friday (February 6, 2026) dragged down by IT heavyweights amid weak trend in the U.S. equities. Investors adopted a cautious approach ahead of…
Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: Reuters The Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the central bank’s policy rate will remain unchanged at 5.5%. The decision was announced on Friday (February 6, 2026) after the meeting of the RBI monetary policy committee (MPC). Mr. Malhotra…
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 14 paise to close at 90.33 (provisional) against the U.S. dollar on Thursday (February 5, 2026), on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-U.S. trade deal. Forex traders…
The 16th Finance Commission (FC)’s vertical devolution recommendations prioritise the needs of the Centre over the realities of States. By merely acknowledging, rather than heeding, States’ fiscal pressures, the FC has taken a distinctly conservative stance. To grasp the underlying tensions, we must first look deeper into the structural issues. The 16th FC has maintained…
At the interbank foreign exchange market, the rupee opened at 90.52 against the U.S. dollar, then gained some ground to 90.40, registering a gain of 7 paise over its previous close. | Photo Credit: Reuters The rupee traded in a narrow range and gained 7 paise to 90.40 against the U.S. dollar in early trade…
India’s trade playbook is working strongly, steadily and at scale. Its new trade architecture resembles a newly built expressway, anchored in strategic trade agreements that will enable faster, more predictable movement for trade. After concluding a major free trade agreement with the European Union (EU), the United Kingdom and other partners, India has now secured…
While presenting the Union Budget 2026-27, a considerable part of the Finance Minister’s Budget speech dealt with the expenditure programmes that will be launched to enable India to become developed by 2047. The emphasis on the advanced technology sectors such as Artificial Intelligence, biopharma, semiconductor and critical minerals among others, is well taken. The concern…
Cost pressures were by far most intense in the Consumer Services category, while the strongest increase in output charges was noted in the Finance & Insurance sector. | Photo Credit: Getty Images/istockphoto India’s services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting…
Traders react after fluctuations in stock market, in Kolkata. Image for representational purposes only. File | Photo Credit: PTI Benchmark indices Sensex and Nifty were trading higher in early trade on Wednesday (February 4, 2026), building on previous day’s sharp rally, amid fresh foreign fund inflows and positive sentiment following the India-U.S. trade deal. A…
The World Economic Forum (WEF) is popularly known for its annual meeting held at Davos. The 2026 just ended just recently and if you still don’t know what WEF is all about, this is the perfect time to learn!
