Business News: Economy & Markets

Chidambaram slams Budget 2026-27 as 'forgettable' , says youth joblessness stands at 15 per cent

IANS | February 9, 2026 3:20 PM

New Delhi, Feb 9 (IANS) Pointing out that youth joblessness stands at 15 per cent in India, with less than 25 per cent of the workforce in regular employment, Congress leader and former Finance Minister P. Chidambaram launched a sharp attack on the Union Budget 2026-27 in the Rajya Sabha on Monday, describing it as cautious, parsimonious, forgettable, and already vanishing from public memory.

Pakistan's trade deficit soars by 44 per cent as exports plunge

IANS | February 9, 2026 2:58 PM

New Delhi, Feb 9 (IANS) Pakistan's trade deficit with nine neighbouring countries widened sharply by 44.42 per cent to $7.683 billion in the first half of fiscal year 2025-2026 (July-December), compared to $5.32 billion during the same period last year, according to the latest data from the State Bank of Pakistan.

India's Sarvam AI outperforms global peers in OCR, speech models

IANS | February 9, 2026 2:52 PM

Mumbai, Feb 9 (IANS) Bengaluru‑based startup Sarvam AI has claimed that its latest vision and speech models have outperformed larger global rivals Google Gemini and ChatGPT on key optical character recognition and text‑to‑speech benchmarks for Indian languages.

Pakistan’s Sindh emerges as distressing case of policy failure and neglect

IANS | February 9, 2026 2:46 PM

New Delhi, Feb 9 (IANS) Despite adequate funding and provincial autonomy following the 18th Amendment in Pakistan, Sindh has emerged as a distressing case of policy failure and neglect, according to a new report.

DIIs solidify their dominance on Indian equities, reach 20.6 pc ownership

IANS | February 9, 2026 2:22 PM

Mumbai, Feb 9 (IANS) The domestic institutional investors (DIIs) have remained key bidders, pumping $23.4 billion in the fourth quarter of 2025 and $90.1 billion in full year 2025 – aided by steady SIP inflows into domestic MFs, a report showed on Monday.

Trade deal unlocks $30 trillion US market for India’s exports

IANS | February 9, 2026 1:52 PM

New Delhi, Feb 9 (IANS) The India-US Bilateral Trade Agreement (BTA) marks a major milestone in India’s global trade engagement, securing sustained preferential access for exports in the US market valued at over $30 trillion, according to an official statement issued on Monday.

Pakistan stuck with low economic growth, rising unemployment: Report

IANS | February 9, 2026 1:45 PM

New Delhi, Feb 9 (IANS) Pakistan’s growth in 2025 remained modest, unemployment stayed high and youth unemployment rose, underscoring weak productivity and poor job creation, according to an article in East Asia Forum.

Adani International School hosts ‘IRIS National Fair’ to boost India’s emerging STEM talent

IANS | February 9, 2026 1:24 PM

Ahmedabad, Feb 9 (IANS) Showcasing India’s emerging science, technology, engineering and mathematics (STEM) talent, Adani International School (ADIS), Shantigram, hosted the IRIS National Fair 2025–26 from February 6-8.

Gujarat’s textile, garment exports set to grow 100-150 pc after India-US trade deal

IANS | February 9, 2026 1:18 PM

Gandhinagar, Feb 9 (IANS) The trade agreement between India and the United States is expected to provide a substantial boost to Gujarat’s exports, with medium-term growth in certain sectors projected to increase by 100-150 per cent, officials said on Monday.

India’s fish production doubles in 10 years; 4.76 lakh KCCs disbursed to sector

IANS | February 9, 2026 12:28 PM

Mumbai, Feb 9 (IANS) About 4.76 lakh Kisan Credit Cards (KCCs) have been issued and Rs 3,214.32 crore disbursed under fisheries lending schemes (as of June 2025), and over Rs 13,000 crore loans have been approved for the fisheries sector under various schemes, the government said on Monday.

Business

Chidambaram slams Budget 2026-27 as 'forgettable' , says youth joblessness stands at 15 per cent

Pakistan's trade deficit soars by 44 per cent as exports plunge

India's Sarvam AI outperforms global peers in OCR, speech models

Pakistan’s Sindh emerges as distressing case of policy failure and neglect

DIIs solidify their dominance on Indian equities, reach 20.6 pc ownership

Trade deal unlocks $30 trillion US market for India’s exports

Pakistan stuck with low economic growth, rising unemployment: Report

Adani International School hosts ‘IRIS National Fair’ to boost India’s emerging STEM talent

Gujarat’s textile, garment exports set to grow 100-150 pc after India-US trade deal

India’s fish production doubles in 10 years; 4.76 lakh KCCs disbursed to sector

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