Sensex, Nifty snap 2-day losing streak

IANS | February 16, 2026 3:56 PM

Mumbai, Feb 16 (IANS) Indian benchmark indices staged a strong late rally on Monday, snapping the two-day losing streak, as buying in banking stocks lifted market sentiment.

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

IANS | February 16, 2026 3:55 PM

New Delhi, Feb 16 (IANS) 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.

India’s media & entertainment sector likely to touch Rs 3,067 bn mark in 2027

IANS | February 16, 2026 3:26 PM

New Delhi, Feb 16 (IANS) India’s media and entertainment sector is on a steady expansion path, with revenues projected to grow at around 7 per cent annually till 2027, and the sector's total size is estimated to rise from Rs 2,502 billion in 2024 to Rs 3,067 billion in 2027, underscoring its role as a durable growth engine within the services economy, according to an official statement issued on Monday.

India Summit a 'Mahakumbh' for artificial intelligence: Jitin Prasada

IANS | February 16, 2026 2:58 PM

New Delhi, Feb 16 (IANS) Union Minister of State for Commerce and Electronics and IT Jitin Prasada on Monday described the five-day AI Summit as the "Mahakumbh for artificial intelligence", saying that the scale and participation reflect a historic moment for India’s digital journey.