Business

Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…

India’s wholesale prices jumped 1.81 per cent in January 2024 compared to last year, marking the highest increase in 10 months. According to government data, revealed Monday, the figures exceeded economists’ predictions of 1.25 per cent and was driven by rising vegetable prices, basic metals, and manufacturing costs.The increase was notably higher than December’s 0.83…

India plans to unveil a new “rail tech” policy in the coming weeks to boost domestic manufacturing of next-generation railway technology and equipment. Under the proposed framework, the Railway Board is expected to offer partial funding, technical support, and access to testing facilities to manufacturers. The policy is part of the government’s rail modernisation drive…

IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…

Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…

Asian markets showed little movement on Monday as several trading floors closed for Lunar New Year celebrations. Japan’s disappointing economic growth of just 0.1 per cent in late 2025 added pressure on newly elected Prime Minister Sanae Takaichi. Meanwhile, US markets will stay shut for Presidents’ Day, and gold prices dipped slightly after reaching $5,000…

Stock market today (AI image) Stock market today: After deep cuts towards the end of last week, Nifty50 and BSE Sensex, opened in red on Monday. While Nifty50 was below 25,450, BSE Sensex dropped over 100 points in opening trade. At 9:16 AM, Nifty50 was trading at 25,434.35, down 37 points or 0.14%. BSE Sensex…

Top stocks to buy (AI image) Stock market recommendations: Delhivery, and Britannia are the top stock picks for the trading week starting February 16, 2026 from Motilal Oswal Financial Services Ltd. Let’s take a look: Stock name CMP (Rs) TP (Rs) UPSIDE (%) Delhivery 420 570 36% Britannia Industries 5971 7150 20% DelhiveryThe acquisition of…

UAE Property 2026: Is Now the Time for First-Time Buyers to Enter the Market? In 2026, the UAE’s property market is entering a new chapter of demand, innovation and opportunity and first-time home buyers are playing a big part in reshaping how residents approach property ownership. Once inclined to rent or invest secondarily, many long-term…

Foreign Portfolio Investors (FPIs) staged a sharp turnaround in early February, infusing Rs 19,675 crore into Indian equities in the first fortnight, buoyed by the US-India trade deal and easing global macroeconomic concerns.The inflows come after three consecutive months of significant outflows. FPIs had pulled out Rs 35,962 crore in January, Rs 22,611 crore in…