Business News: Economy & Markets

From solidarity to strategy: India-Africa ties enter new phase

IANS | February 23, 2026 4:25 PM

New Delhi, Feb 23 (IANS) As global power structures undergo structural realignment, the India–Africa engagement is increasingly positioned not merely as historical solidarity, but as a forward-looking partnership shaping a more equitable and multipolar global order, according to delegates at a conference held by the Chintan Research Foundation (CRF) here on Monday.

GCCs in India transition from back office to global growth engines: Report

IANS | February 23, 2026 3:11 PM

New Delhi, Feb 23 (IANS) India’s GCC office market transition from cost‑cutting centres or back offices to global growth engines marks a watershed moment in the country's economic history, a report said on Monday.

‘Make in India’ helps create lakhs of jobs, women biggest beneficiaries: Ashwini Vaishnaw

IANS | February 23, 2026 3:05 PM

New Delhi, Feb 23 (IANS) Women have been the biggest beneficiaries under the ‘Make in India’ initiative which created lakhs of direct and indirect jobs, Union Minister Ashwini Vaishnaw said on Monday.

'Pakistan's poverty level jumps to 11-year high amid govt claims of economic revival'

IANS | February 23, 2026 3:04 PM

New Delhi, Feb 23 (IANS) While the Pakistan government claims that the country’s economy has been revived from the brink and is now stable, the harsh reality is that poverty has climbed to an 11-year high of 29 per cent and income inequality is at levels not seen in nearly three decades, according to an article in the Pakistani media.

Too early to comment on US tariff changes, Commerce Ministry reviewing situation: FM Sitharaman

IANS | February 23, 2026 3:01 PM

New Delhi, Feb 23 (IANS) Union Finance Minister Nirmala Sitharaman on Monday said it is too early to assess the impact of the recent tariff changes announced by the United States, adding that the Commerce Ministry is currently reviewing the situation.

India AI Impact Summit recognised as landmark event for Global South

IANS | February 23, 2026 2:06 PM

New Delhi, Feb 23 (IANS) The 'India AI Impact Summit 2026', held in the national capital last week, is being seen in the foreign media as the most significant artificial intelligence (AI) gatherings ever hosted in the Global South, and is described as the world's biggest AI summit to date.

Sri Lanka must jump onto India’s bandwagon to join AI race: Report

IANS | February 23, 2026 2:02 PM

New Delhi, Feb 23 (IANS) The only way for Sri Lanka to get into the AI race is to jump onto the bandwagon of a fast mover. Since it is unlikely that Sri Lanka can do so with the two leaders in the AI race -- the US and China -- the choice available is its neighbour to the north, India, the rising star. India has a high strategic edge with AI on many counts, according to an article in the Colombo Telegraph.

Sudarshan Pharma stock slips 3 pc amid GST search and seizure action

IANS | February 23, 2026 2:01 PM

Mumbai, Feb 23 (IANS) Shares of Sudarshan Pharma Industries slipped over 3 per cent on Monday after the Goods and Services Tax (GST) department initiated an inspection and search operation at the company’s registered office.

IDFC Bank fraud: No systemic risk here, we're watching developments, says RBI Governor

IANS | February 23, 2026 1:57 PM

New Delhi, Feb 23 (IANS) The Reserve Bank of India (RBI) on Monday said there is no systemic risk to the banking system and stressed that the Central Bank does not comment on individual banks or regulated entities, as IDFC First Bank revealed the Rs 590-crore fraud at its Chandigarh branch.

Amended BharatNet to boost rural telecom infra across Andhra Pradesh: Jyotiraditya Scindia

IANS | February 23, 2026 1:37 PM

New Delhi, Feb 23 (IANS) Amended BharatNet is a $16.9 billion (Rs 139,000 crore) publicly-funded programme which will take OFC fibre and broadband to every single village of this country, including in Andhra Pradesh, Communications Minister Jyotiraditya Scindia said on Monday.

Business

From solidarity to strategy: India-Africa ties enter new phase

GCCs in India transition from back office to global growth engines: Report

‘Make in India’ helps create lakhs of jobs, women biggest beneficiaries: Ashwini Vaishnaw

'Pakistan's poverty level jumps to 11-year high amid govt claims of economic revival'

Too early to comment on US tariff changes, Commerce Ministry reviewing situation: FM Sitharaman

India AI Impact Summit recognised as landmark event for Global South

Sri Lanka must jump onto India’s bandwagon to join AI race: Report

Sudarshan Pharma stock slips 3 pc amid GST search and seizure action

IDFC Bank fraud: No systemic risk here, we're watching developments, says RBI Governor

Amended BharatNet to boost rural telecom infra across Andhra Pradesh: Jyotiraditya Scindia

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