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NewsDrum - Business - News Image
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BusinessFeb 16, 2026 04:36 PM

Markets rebound nearly 1 pc on buying in power, banking stocks; Sensex jumps 650 pts

Mumbai, Feb 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79 per cent, to close at 83,277.15. The 50-share NSE Nifty advanced 211.65 points, or 0.83 per cent, to settle at 25,682.75. PowerGrid emerged as the top gainer in the Sensex pack, rising 4.45 per cent, followed by HDFC Bank, Axis Bank, ...Read More >

NewsDrum - Politics Business - News Image
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PoliticsBusinessFeb 16, 2026 04:36 PM

Seven killed in chemical factory fire in Rajasthan's Bhiwadi

Jaipur, Feb 16 (PTI) Seven people were burnt alive in an illegal firecracker-manufacturing factory in the Bhiwadi town of Rajasthan's Khairthal-Tijara district on Monday, officials said. "Seven persons have died in the incident. It was a garment factory but firecrackers were being manufactured inside it illegally," Sumitra Pareek, Additional District Magistrate, said. She said that two people trapped in the factory were rescued. They were admitted to Delhi's Safdarjung Hospital in a critical co ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessFeb 16, 2026 04:35 PM

Asia's Leading News Site - India News, Business & Political, National & International, Bollywood, Sp...

Bengaluru, Feb 16, 2026 (ANI) Kanishka Narayan, UK's AI Minister hailed the close tech ties between India and the United Kingdom and underlined that the recent visits by PM Modi and PM Starmer have further given impetus to the ties cutting across tech to trade. He told ANI how the two countries share a joint vision for the future of AI. "We have a very joint set of values, joint set of focus areas, and a very joint sense of enthusiasm for where AI goes in our countries." With New Delhi hosting t ...Read More >

News18 - Business - News Image
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BusinessFeb 16, 2026 04:34 PM

Lucknow Metro launches QR-based ticketing system

Lucknow, Feb 16 (PTI) Lucknow Metro on Monday launched QR-based tickets, which can be booked from anywhere to enjoy a hassle-free metro travel experience. The QR-based ticketing system was formally inaugurated at the Hazratganj Metro Station here by Managing Director of Uttar Pradesh Metro Rail Corporation (UPMRC), Sushil Kumar. Under the new system, passengers can book QR tickets through the official Lucknow Metro mobile application - Lucknow Metro Official (available on Play Store and iOS St ...Read More >

Deccan Chronicle - Business - News Image
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BusinessFeb 16, 2026 04:33 PM

PM Modi Consoles Loss of Life in Bhiwandi Factory Fire

Jaipur: Prime Minister Narendra Modi has expressed deep grief over the tragic fire accident in Bhiwadi, Rajasthan, and extended heartfelt condolences to the families of those who lost their lives. In a social media post, he mourned the loss and prayed for the speedy recovery of the injured. According to officials, seven people were burnt alive in an illegal firecracker-manufacturing unit that was operating inside a garment factory in Bhiwadi's Khairthal-Tijara district on Monday. "Seven people ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessFeb 16, 2026 04:32 PM

Governor Shiv Pratap Shukla skips full address in HP Assembly; RDG discontinuation sparks fresh rift

Shimla (Himachal Pradesh) [India], February 16 (ANI): In a development that underscored the widening rift between Raj Bhavan and the Himachal government, Governor Shiv Pratap Shukla on Monday declined to read the customary full Governor's Address on the opening day of the Budget Session of the HP Assembly. Addressing the House briefly, Governor Shukla said, "I don't think I should read it," while specifically pointing out that the prepared address contained "comments on constitutional instituti ...Read More >

LatestLY - Business - News Image
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BusinessFeb 16, 2026 04:30 PM

Business News | UPI Preferred Mode of Transaction at 57%, Surpassing Cash at 38%: Survey | LatestLY

New Delhi [India], February 16 (ANI): Unified Payments Interface (UPI) has emerged as the most preferred mode of transaction, accounting for 57 per cent, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to a survey. The Department of Financial Services (DFS), Ministry of Finance, released a report titled 'Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person ...Read More >

LatestLY - Business - News Image
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BusinessFeb 16, 2026 04:30 PM

Business News | Anthropic Opens Bengaluru Office, Announces India Partnerships | LatestLY

Bengaluru (Karnataka) [India], February 16 (ANI): Anthropic has officially opened its new office in Bengaluru. This location serves as the company's second base in the Asia-Pacific region. The move follows the announcement that India is now the second-largest market for the AI assistant, Claude.ai. The office will be led by Irina Ghose, the Managing Director of India. The company stated that India is "home to a developer community doing some of the most technically intense AI work we see anywhe ...Read More >

The New Indian Express - Business - News Image
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BusinessFeb 16, 2026 04:28 PM

Anthropic's India revenue doubles in 4 months as developer use surges: CEO

BENGALURU: Anthropic's business in India has doubled in just four months, according to its chief executive officer Dario Amodei, who pointed to rapid growth in developer usage and increasing government adoption of artificial intelligence tools. Speaking at Anthropic's Builder Summit in Bengaluru, Amodei said, "Anthropic's business, its run rate revenue within India, has doubled over the last four months since I last visited." He added that Claude Code "may have grown even faster with this set o ...Read More >

Asian News International (ANI) - Business - News Image
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BusinessFeb 16, 2026 04:28 PM

UP: Massive fire breaks out at factories in Sahibabad Industrial Area in Ghaziabad

Ghaziabad (Uttar Pradesh) [India], February 16 (ANI): A fire broke out at two factories in the Sahibabad Industrial Area, Site 4, on Monday. Upon receiving the information, fire tenders were deployed and are currently on site. Firefighters responded promptly, dispatching four trucks initially and calling in reinforcements from Noida and Hapur. CFO Rahul Pal reported the fire was brought under control within half an hour, with no casualties. "Today at 12 noon, we received information at the Fir ...Read More >

Free Press Journal - Business - News Image
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BusinessFeb 16, 2026 04:25 PM

Delhi HC Rejects Plea Against Sebi's NOC For NSE IPO, Court Says Petition Meant To Block Long-Delaye...

New Delhi: The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate (NOC) given by the market regulator for the proposed IPO of the National Stock Exchange (NSE). The decision removes an important legal hurdle in NSE's long-pending plan to go public. The court observed that the petition appeared to be aimed at stopping or delaying the IPO process of the country's largest stock exchange. What the Petition Argued? The plea challenged the NOC issued on January ...Read More >

Free Press Journal - Business - News Image
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BusinessFeb 16, 2026 04:24 PM

Kerala Lottery Result Live, February 16, 2026: Check Full List Of Winners For Bhagyathara BT-41 Mond...

Kerala: The wait is finally over for Kerala lottery enthusiasts! The Kerala Bhagyathara BT-41 lottery results for Monday, February 16, 2026, will be declared live at 3 PM, with the official result list available on the Kerala Lottery Department's website by 4 PM. The first prize winner will take home a whopping ₹1 crore. Stay tuned as The Free Press Journal (FPJ) brings you real-time updates and the complete winner list once it's released. If you've purchased a Bhagyathara BT-41 ticket, check yo ...Read More >

Free Press Journal - Business - News Image
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BusinessFeb 16, 2026 04:24 PM

Sensex Jumps 650 Pts To 83,277; Nifty Climbs 211 Pts To 25,682, Banking Stocks Power Late Rally To E...

Mumbai: Indian stock markets recovered strongly on Monday after two days of losses. A sharp rise in banking stocks helped lift investor mood in the second half of the session. The 30-share Sensex rose 650.39 points, or 0.79 percent, to close at 83,277.15. The broader Nifty gained 211.65 points, or 0.83 percent, ending at 25,682.75. The rally came mainly in the final hours of trading. Banking Stocks Lead the Rally Buying in banking and financial stocks pushed the market higher. Among the top ...Read More >

NewsDrum - Business - News Image
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BusinessFeb 16, 2026 04:24 PM

In-Solutions Global secures RBI's nod across online, physical & Cross-Border Payment Aggregation

New Delhi, Feb 16 (PTI) In-Solutions Global Ltd (ISG) on Monday announced that it has received regulatory authorisation from the Reserve Bank of India (RBI) across all three Payment Aggregator categories - online, physical or offline and cross-border. The approval was granted under the latest RBI Master Directions for 2025-26. With these approvals, ISG joins a select group of non-bank ecosystem players enabled to support merchant payments across domestic and international channels through a un ...Read More >

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BusinessFeb 16, 2026 04:23 PM

HP Budget Session: Guv concludes address in 2 minutes, skips portion on 'constitutional institution'

Shimla, Feb 16 (PTI) In an unusual move, Himachal Pradesh Governor Shiv Pratap Shukla on Monday concluded his address to the state Legislative Assembly within two minutes, skipping a portion of the speech over what he termed as "comments on a constitutional institution". Speaking at the start of the Budget Session of the Assembly, the governor said he would not read paragraph 3 to 16 of the prepared speech. "I think there are comments on the constitutional institution from paragraph 3 to 16 an ...Read More >

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BusinessFeb 16, 2026 04:23 PM

Sabarimala women entry: Govt will take appropriate stand through discussions, says minister

Thiruvananthapuram, Feb 16 (PTI) The Left government in Kerala on Monday said the Sabarimala women entry issue is a matter involving several constitutional complications, and so an appropriate stand would be taken through discussions. Clarifying the government's stand, state Law Minister P Rajeev said it was not a matter to be reduced to a "yes or no" answer and even the Supreme Court made it clear that it would take the review petitions only after addressing seven constitutional questions. "T ...Read More >

Free Press Journal - Business - News Image
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BusinessFeb 16, 2026 04:23 PM

Snapdeal Fined ₹5 Lakh For Selling Toys Violating BIS Standards

New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 5 lakh on e-commerce platform Snapdeal for selling toys that do not comply with mandatory Bureau of Indian Standards certification, violating the Toys (Quality Control) Order, 2020. A final order against Snapdeal (Ace Vector Limited) has been issued after taking suo-motu cognizance of the matter, CCPA Chief Commissioner Nidhi Khare told PTI. The CCPA has also issued notices to other e-commerce entities incl ...Read More >

Investing.com India - Business - News Image
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BusinessFeb 16, 2026 04:22 PM

RHI Magnesita India shares jump 8% after announcing its Q3 results; Check details By Trade Brains

Synopsis: Shares of this small cap stock surged 8% after Q3 results showed 60% QoQ net profit growth and revenue above Rs. 1,000 cr for the second consecutive quarter, driven by operational efficiency, 4PRO contracts, and automation initiatives. The shares of this company are in the business of manufacturing and marketing special refractory products, systems, and services to the steel industry in India and globally are in the spotlight after it rose by 8% following Q3 results with a 60 percent ...Read More >

Deccan Chronicle - Business - News Image
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BusinessFeb 16, 2026 04:18 PM

NPCI Offers Wallet Service To Foreign Visitors at AI Impact Summit

New Delhi: National Payments Corporation of India (NPCI) on Monday said that 'UPI One World' wallet services will be available for international visitors attending the ongoing five-day India AI Impact Summit. Through this pilot initiative, inbound foreign travellers will be able to make secure and real-time Person-to-Merchant (P2M) UPI payments during their visit to India.Visitors can use the wallet service without an Indian mobile number or bank account."The 'UPI One World' wallet is available ...Read More >

Social News XYZ - Business - News Image
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BusinessFeb 16, 2026 04:13 PM

UPI pips cash as India's top payment mode with 57 per cent share of total transactions

New Delhi, Feb 16 (SocialNews.XYZ) UPI has emerged as the most preferred mode of payment, accounting for 57 per cent of total payment transactions in India, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to an independent study commissioned by the Finance Ministry. Digital payments now dominate everyday transaction behaviour, with 65 per cent of UPI users reporting multiple digital transactions per day. Preference for UP ...Read More >

Social News XYZ - Business - News Image
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BusinessFeb 16, 2026 04:13 PM

Sensex, Nifty snap 2-day losing streak

Mumbai, Feb 16 (SocialNews.XYZ) Indian benchmark indices staged a strong late rally on Monday, snapping the two-day losing streak, as buying in banking stocks lifted market sentiment. The 30-share Sensex ended 650.39 points, or 0.79 per cent, higher at 83,277.15. The broader Nifty rose 211.65 points, or 0.83 per cent, to close at 25,682.75. Commenting on Nifty technical outlook, experts said that the broader structure remains positive as long as the 25,500-25,400 support zone is defended. "On ...Read More >

NASDAQ Stock Market - Business - News Image
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BusinessFeb 16, 2026 04:13 PM

Indian Shares End Notably Higher After Choppy Start

(RTTNews) - Indian shares rose notably on Monday despite lackluster cues from global markets and continued declines in IT stocks on AI disruption fears. Investors shrugged off official data that showed India's wholesale prices increased more-than-expected in January to the highest level in ten months. The wholesale price index, or WPI, rose 1.81 percent year-over-year in January, faster than the 0.83 percent rise in December and a 1.25 percent gain expected by analysts. This was the fastest g ...Read More >

LatestLY - Business - News Image
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BusinessFeb 16, 2026 04:13 PM

Business News | Five Listed Indian REITs Distribute over Rs 2,450 Crore to Unitholders in Q3FY26 | L...

New Delhi [India], February 16 (ANI): The five publicly listed Real Estate Investment Trusts (REITs) in India have collectively distributed over Rs 2,450 crore to more than 3.8 lakh unitholders during the third quarter of FY26, according to the Indian REITs Association (IRA). India's listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust. Also Read | Pakistan Gold Rate Today, February 16, ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessJan 27, 2026 08:15 PM

Trade deal: India and EU to announce FTA amid Trump tariff tensions

The European Union and India are set to announce a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties amid tensions with the US. India's Commerce Secretary Rajesh Agarwal said on Monday that negotiations had been wrapped up and the deal finalised. European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa are in Delhi, where the announcement is expected. Both India and the EU are seeking to streng ...Read More >

Abtak.com - Business - News Image
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BusinessJan 27, 2026 08:15 PM

Kerala Lottery Result Today: Check The Winning Numbers For Sthree Sakthi Lottery SS 504

In a highly anticipated draw today, one lucky ticket holder will become a crorepati as the Kerala State Lottery Department conducts its "Sthree Sakthi SS-504" lottery. The draw is scheduled for 3 PM at Gorky Bhavan near Bakery Junction here. The top prize is a life-changing ₹1 Crore. The full prize structure for the SS-504 draw is as follows: 1st Prize: ₹1,00,00,000 2nd Prize: ₹25,00,000 3rd Prize: ₹5,00,000 4th Prize: ₹5,000 5th Prize: ₹2,000 6th Prize: ₹1,000 7th Prize: ...Read More >

The Peninsula - Business - News Image
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BusinessJan 27, 2026 07:41 PM

EU, India agree 'mother of all' trade deals

New Delhi: India and the European Union announced Tuesday the "mother of all deals", a huge trade pact to create a market of two billion people, reached after two decades of negotiations. EU chiefs and Prime Minister Narendra Modi hope the pact will help shield against challenges from the world's two leading economies, the United States and China. The agreement will cut or eliminate tariffs on almost 97 percent of European exports, saving up to 4 billion euros ($4.75 billion) annually in dutie ...Read More >

LatestLY - Business - News Image
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BusinessJan 27, 2026 07:30 PM

India News | India and Canada to Work Together, Says Canada's Energy Minister

Panjim (Goa) [India], January 27 (ANI): Canada's Minister of Energy and Natural Resources Tim Hodgson has said there are many opportunities for India and Canada to work together. "It was a very good meeting, and we have lots of opportunities for India and Canada to work together," he told ANI on the sidelines of the India Energy Week conference. Also Read | Is Salman Khan Joining AIMIM? Fact Check Reveals Viral Video Is AI-Generated. In his speech earlier, Hodgson said that Canada is a great ...Read More >

Investing.com - Business - News Image
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BusinessJan 27, 2026 07:19 PM

India's oil imports from Russia continue to decline, says oil minister By Investing.com

Investing.com -- India's imports of Russian crude oil are continuing to decline as the country diversifies its suppliers, according to Oil Minister Hardeep Puri. In an interview with Bloomberg Television on Tuesday, Puri noted that shipments from Russia have already dropped to 1.3 million barrels per day, down from an average of 1.8 million barrels per day last year. Access breaking news faster with institutional-grade feeds, immediate stock impact metrics, and analyst response tracking -- get ...Read More >

The Times of India - Business - News Image
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BusinessJan 27, 2026 07:17 PM

Telangana municipal polls on February 11; single-phase voting announced | India News - The Times of ...

NEW DELHI: The Telangana State Election Commission on Tuesday announced a single-phase schedule for municipal elections across the state, with polling set to be held on February 11 for seven municipal corporations and 116 municipalities.State Election Commissioner I Rani Kumudini told reporters that the election notification will be issued on January 28, with the nomination process beginning the same day.After scrutiny and withdrawals, the final list of contesting candidates will be published. P ...Read More >

NewsDrum - Business - News Image
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BusinessJan 27, 2026 07:09 PM

Wings India 2026: Begumpet Airport to host four-day civil aviation summit

Hyderabad, Jan 27 (PTI) Begumpet Airport here is all set to host Wings India 2026, Asia's largest biennial civil aviation event, which will be inaugurated by Union Minister Ram Mohan Naidu on January 28, sources said on Tuesday. The launch will mark the start of a four-day global aviation gathering, scheduled to continue until January 31. Anchored around the theme 'Indian Aviation: Paving the Future-From Design to Deployment, Manufacturing to Maintenance, Inclusivity to Innovation and Safety t ...Read More >

Stay updated with the latest Business news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on Business topics.