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Companies

IDFC First Bank to pay Haryana govt ₹590 cr soon after branch fraud case

RBI Gov says issue not systemic; bank term it an isolated incident

Updated On: 23 Feb 2026 | 11:31 PM IST

IDFC First Bank fraud puts spotlight back on governance gaps in pvt banks

Large banks to gain post Haryana de-empanelment of IDFC First, AU

Updated On: 23 Feb 2026 | 11:08 PM IST

Agentic AI remains top choice among courses at upGrad: Anuj Vishwakarma

Mid- to senior-level professionals drive surge in AI upskilling; platform partners with IIMs, IITs and OpenAI to expand agentic and generative AI programs

Updated On: 23 Feb 2026 | 10:47 PM IST

LTM bags $100 million deal from European medtech firm for 7 years

LTM has won a $100 million, seven-year deal from a European medtech firm to support and develop its flagship products, strengthening its large-deal momentum amid a tough macro environment

Updated On: 23 Feb 2026 | 10:40 PM IST

Bharti Airtel to infuse ₹20,000 cr in Airtel Money to push digital lending

Bharti Airtel and promoter group to contribute 70:30 into NBFC

Updated On: 23 Feb 2026 | 10:31 PM IST

₹45K cr capex plan may not help Vodafone Idea gain market share: Analysts

HSBC says Vodafone Idea's Rs 45,000 crore capex plan will not help it gain market share as Jio and Airtel outspend it significantly; tariff hikes and cash flow gains remain critical

Updated On: 23 Feb 2026 | 10:31 PM IST

M&M, Manulife name Suresh Agarwal MD & CEO designate of life insurance JV

M&M and Manulife have appointed Suresh Agarwal as MD & CEO designate of their 50:50 life insurance JV, marking Manulife's entry into India's life insurance sector, subject to approvals

Updated On: 23 Feb 2026 | 9:38 PM IST

Radisson, MBD Group to launch 50 hotels under Collection and Red brands

Radisson Hotel Group and MBD Group have entered a long-term partnership to develop 50 hotels under Radisson Collection and Radisson Red across key Indian destinations over the next decade

Updated On: 23 Feb 2026 | 8:59 PM IST

Olectra Greentech bags LoI for 1,085 e-buses under PM E-drive scheme

The LoI - a preliminary document indicating the buyer's intention to place a formal order - has been issued by TGSRTC through Evey Trans Private Limited under the PM E-drive programme

Updated On: 23 Feb 2026 | 7:33 PM IST

Investment firm Hillhouse to acquire minority stake in Quest Global

Hillhouse has acquired a minority stake in Quest Global, with a primary capital infusion and share purchase from existing investors to support the firm's engineering-focused growth strategy

Updated On: 23 Feb 2026 | 6:58 PM IST

Morepen Labs wins ₹825 crore long-term CDMO deal with global drugmaker

Morepen Labs has secured a ₹825 crore multi-year CDMO mandate from a global pharma major, with supplies set to begin in 4-5 months and execution running through Q1 FY27

Updated On: 23 Feb 2026 | 3:41 PM IST

Economy

New CPI series unlikely to reset inflation target framework: RBI guv

FY27 Q1-Q2 inflation forecast may be raised 20-30 bps, says MPC member Saugata Bhattacharya

Updated On: 23 Feb 2026 | 11:56 PM IST

NMP 2.0 for FY26-30 launched: Govt aims ₹16.7 trn from asset monetisation

Private investment of Rs 5.8 trillion also included in the target

Updated On: 23 Feb 2026 | 11:28 PM IST

Datanomics: Items with highest inflation, deflation in Jan same as in Dec

Food deflation and bullion-led inflation offset each other in January, but net impact of top items lifted retail inflation to 2.75% from 1.33% in December

Updated On: 23 Feb 2026 | 11:23 PM IST

India, France amend tax treaty, remove most-favoured nation clause

India and France have signed a protocol amending their DTAC, removing the MFN clause and revising dividend, capital gains and PE provisions to bring clarity and align with global tax standards

Updated On: 23 Feb 2026 | 10:53 PM IST

Govt to raise ₹16.3K cr by monetising oil and gas assets in next four years

The Centre plans to monetise DSFs, storage assets, GAIL Gas equity and dark fibre leases to raise Rs 16,300 crore by FY30 as part of NMP 2.0, targeting both midstream and upstream segments

Updated On: 23 Feb 2026 | 10:42 PM IST

NMP 2.0 targets ₹2.76 trillion power asset monetisation by FY30

NMP 2.0 aims to monetise Rs 2.76 lakh crore worth of power sector assets by FY30 through hydro projects, transmission lines and PSU equity dilution, with Rs 49,900 crore targeted for FY26

Updated On: 23 Feb 2026 | 9:01 PM IST

RoDTEP benefits cut by 50% as govt rationalises export rebate scheme

The government has halved RoDTEP incentives with immediate effect, reducing rebate rates and value caps across categories, a move expected to raise exporters' costs amid global uncertainty

Updated On: 23 Feb 2026 | 7:31 PM IST

Finance

Labour Ministry to auto-refund small balances in inoperative EPFO accounts

Pilot to cover 7.11 lakh inoperative EPFO accounts with ₹1,000 or less; funds to be auto-credited to Aadhaar-seeded bank accounts without fresh claims

Updated On: 23 Feb 2026 | 11:19 PM IST

IFSCA to seek Centre's nod to open insurance-linked securities to investors

IFSCA will approach the Centre for approval to set up an SPV-based framework enabling investments in insurance-linked securities such as catastrophe bonds, aiming to broaden risk-sharing mechanisms

Updated On: 23 Feb 2026 | 11:01 PM IST

EV insurance: Avoid non-OEM chargers to prevent battery-cover exclusions

Older EVs, typically five years and above, may not be eligible for some add-ons and may face higher premiums

Updated On: 23 Feb 2026 | 4:35 PM IST

Opinion

Don't dampen MSME ambition: Compliance must ease without lowering standards

Easing compliance is welcome, but exemptions that discourage growth risk weakening governance; India's small firms need scale, finance and strong digital compliance systems

Updated On: 23 Feb 2026 | 10:09 PM IST

RBI, money creation, and govt finances: Why non-bank debt will matter ahead

Large transfers and bond buys by the Reserve Bank of India have supported fiscal maths and liquidity; sustaining this when inflation or capital flows shift may prove harder

Updated On: 23 Feb 2026 | 10:06 PM IST

A battle of attrition: Peace remains elusive in Ukraine as war drags on

Ukraine has lost a quarter of its pre-war population of 42 million, with five million living under Russian occupation and another six million having fled to Europe

Updated On: 23 Feb 2026 | 9:54 PM IST

Strategic alignment: India joining Pax Silica could secure supply chains

Participation in Pax Silica opens up the possibility of diversified sourcing, processing partnerships, and coordinated stockpiling

Updated On: 23 Feb 2026 | 9:42 PM IST

Markets

Shares of AU SFB tanks nearly 7% on de-empanelment by Haryana govt

In a notification issued on February 18, the state government stated that no government funds will henceforth be parked, deposited, invested, or transacted through these banks

Updated On: 23 Feb 2026 | 11:10 PM IST

Holding company discount, debt are a drag on agro firm UPL restructuring

UPL shares tumble after rejig; brokerages flag holding company discount and limited value unlocking amid persistent debt overhang

Updated On: 23 Feb 2026 | 10:24 PM IST

Sebi suspends senior officer; chairman signals zero tolerance on misconduct

Sebi has suspended a general manager over alleged misuse of position, with Chairman Tuhin Kanta Pandey stressing that the regulator will act firmly against any egregious behaviour by its staff

Updated On: 23 Feb 2026 | 8:49 PM IST

Kalyani Steels, BF Utilities settle Sebi RPT case for ₹4.12 crore

Sebi has settled proceedings against Kalyani Steels, BF Utilities and a former compliance officer over multiple lapses in approvals and disclosures related to related-party transactions

Updated On: 23 Feb 2026 | 8:29 PM IST

Sebi plans overhaul of PMS regulations, flags need for stronger governance

Regulator to revisit 2020 portfolio manager norms, tighten governance, curb mis-selling and explore exchange-based pre-ipo trading mechanism

Updated On: 23 Feb 2026 | 7:52 PM IST

Budget

Uttar Pradesh govt launches new scheme to empower rural women entreprenuers

Announced in the Union Budget 2026-27, the SHE Mart initiative aims to empower rural women by establishing community-owned retail outlets managed by women SHGs

Updated On: 23 Feb 2026 | 4:59 PM IST

Industry

BS Manthan kicks off today with top voices convening for 2 days of insight

The audience, across two auditoriums at Bharat Mandapam as well as online, have much to look forward to as the third edition of BS Manthan will take the narrative on India's future to a new level

Updated On: 24 Feb 2026 | 12:05 AM IST

RBI not revisiting lending norms for proprietary trading: Guv Malhotra

Earlier on Monday, Sebi chairman Pandey said the stock market regulator has received a representation from the industry on the issue

Updated On: 23 Feb 2026 | 11:56 PM IST

Clouds of uncertainty: AI disruption puts India's IT sector in rethink mode

Industry converges at 34th Nasscom Technology & Leadership Forum 2026 beginning today

Updated On: 23 Feb 2026 | 11:40 PM IST

Banks may invest ₹7 trillion in G-secs in FY27 amid rising deposit base

Banks are likely to invest around Rs 7 trillion in G-secs in FY27 as deposit growth strengthens and SLR requirements rise, with RBI expected to use OMOs to manage liquidity, analysts said

Updated On: 23 Feb 2026 | 11:13 PM IST

Delhi airport ranked 5th-busiest in Apac last year, shows OAG data

In 2025, according to aviation data platform OAG, Delhi airport ranked 5th, with 46.18 million seats, after a dramatic leap from the 9th position, which it held in 2019

Updated On: 23 Feb 2026 | 11:04 PM IST

Salary growth may ease to 9.1% in 2026; GCCs, pharma may be outliers

India Inc's salary growth is projected to ease to 9.1% in 2026, with GCCs and pharma firms leading increases as companies prioritise skill-based rewards, variable pay and talent retention strategies

Updated On: 23 Feb 2026 | 11:00 PM IST

Ghaziabad, Meerut the new prime addresses for real estate companies

Developers expect a surge in housing demand in Ghaziabad and Meerut as the Delhi-Meerut RRTS slashes commute times, drives price growth and triggers a shift toward premium, transit-linked developments

Updated On: 23 Feb 2026 | 10:58 PM IST

Slow order awards, execution key concerns for infrastructure sector

Slow road awards and execution delays weigh on infra firms in Q3FY26, though FY27 Budget capex push and toll growth offer medium-term support

Updated On: 23 Feb 2026 | 10:54 PM IST

CDSCO tightens quality net with audits, scientific cadre overhaul

Planning to outsource GMP audits to agencies certified by QCI; onboard 1,500 experts to review drug applications

Updated On: 23 Feb 2026 | 10:52 PM IST

Govt will fund major EU compliance costs for SMEs, says Piyush Goyal

Piyush Goyal says the government will fund key compliance costs for small exporters needing EU approvals under CBAM and REACH, as India expands trade deals and targets $2 trn exports

Updated On: 23 Feb 2026 | 10:47 PM IST

Rooftop solar power installations at record 3 million households: Joshi

India's rooftop solar installations have crossed 30 lakh households, with MNRE officials stressing the need for digitised DRE data, real-time monitoring

Updated On: 23 Feb 2026 | 10:44 PM IST

Gurugram overtakes Mumbai to become India's top luxury housing market

Gurugram has surpassed Mumbai in luxury housing sales for the first time in five years, driven by HNI demand, new micro-markets and major infrastructure upgrades, a new report shows

Updated On: 23 Feb 2026 | 10:43 PM IST

Telcos dial up home broadband battle: Vi and Starlink join Jio, Airtel push

Jio and Airtel scale up for 100 million homes, with Vi and Starlink joining the race

Updated On: 23 Feb 2026 | 10:37 PM IST

Basmati exporters seek separate Board for focussed attention on the sector

Some exporters want the new Board to function under the Ministry of Agriculture, to be carved out of APEDA

Updated On: 23 Feb 2026 | 10:04 PM IST

MOL in talks with Indian OMCs for joint ownership of oil carrier vessels

Mitsui O.S.K. Lines is holding talks with Indian OMCs for joint ownership of oil carriers as it plans to expand its India-flagged fleet by 60-70% amid rising focus on domestic shipbuilding

Updated On: 23 Feb 2026 | 8:50 PM IST

Mumbai ITAT ruling offers major tax relief for home redevelopment projects

A Mumbai ITAT ruling allows full indexed cost of acquisition and Section 54 exemption on multiple floors received after redevelopment, offering significant relief to homeowners facing LTCG disputes

Updated On: 23 Feb 2026 | 8:38 PM IST

Power sector set for AI-driven shift as CAG plans major audit framework

CAG K Sanjay Murthy says AI and data analytics are reshaping the power sector and highlights upcoming audits on discom performance, PM Surya Ghar and regulatory challenges

Updated On: 23 Feb 2026 | 8:08 PM IST

Unicorn creation surges 40x in decade as AI founders grow younger: Report

Unicorn creation has accelerated 40-fold worldwide in a decade, with AI startups reaching billion-dollar valuations faster and founder ages dropping significantly, an Antler report shows

Updated On: 23 Feb 2026 | 7:05 PM IST

Rajasthan government unveils Homestay Scheme 2026 to boost tourism

New policy eases licensing, raises room limit and aims to boost rural tourism, self-employment and local incomes across the state

Updated On: 23 Feb 2026 | 6:26 PM IST

CDSCO eases NOC norms to speed up clinical research and pharma exports

India's drug regulator is withdrawing export NOC requirements for SRA markets and easing other low-risk approvals, even as it strengthens oversight of manufacturing quality

Updated On: 23 Feb 2026 | 3:41 PM IST

Book

Starting a Startup: A serial entrepreneur's guide to steering clear of trap

The book's premise is that you can have a successful startup only if it satisfies a genuine customer need

Updated On: 23 Feb 2026 | 10:13 PM IST

World News

Robotaxis set to enter London market; black cab drivers skeptical

The Ford Mustang Mach-E cruises down a London road choked with traffic, using its onboard AI system to avoid jaywalkers and cyclists, and navigate roadwork as it drives to its destination. The autonomous vehicle from British startup Wayve Technologies is on a test run ahead of the UK government's robotaxi trials set to launch in the spring. Tech companies, including US company Waymo and China's Baidu, also plan to take part in the pilot program, making London the latest arena in the global robotaxi competition. While self-driving cabs aren't new, London's ancient road layout and busy streetscapes could pose special challenges for the technology. There's also scepticism from London's famed black cab drivers, who must pass a gruelling training course known as "The Knowledge," which requires memorising hundreds of routes and takes years to complete. They've previously opposed technology that's disrupted their industry and protested the arrival of Uber. Self-driving taxis are "a soluti

Updated On: 23 Feb 2026 | 10:55 PM IST

Hegseth to meet Anthropic CEO to discuss military use of Claude AI

According to its Monday report, Defense officials say the Pentagon's talks with Anthropic are on the verge on collapsing

Updated On: 23 Feb 2026 | 10:49 PM IST

Nepal bus accident: British national among 19 killed, says report

Bus plunges 200 metres in Nepal's Dhading district, killing 19 including a British national; 25 injured in crash en route to Kathmandu

Updated On: 23 Feb 2026 | 6:14 PM IST