Business News: Economy & Markets

US tariff refund could be a ‘mess’ but a psychological deterrent for future: SBI report

IANS | February 22, 2026 9:26 AM

New Delhi, Feb 22 (IANS) The tariffs collected from various jurisdictions by the US administration range from $160-175 billion (Chinese companies have paid the highest likely), and the refund could be a ‘mess’ but it would also be a psychological deterrent in imposition of future tariff structure, according to a new SBI Research report.

Gujarat: 3,000 EV buses, metro and RRTS at core of Olympics-linked plan for Ahmedabad

IANS | February 21, 2026 8:59 PM

Ahmedabad, Feb 21 (IANS) A plan to deploy more than 3,000 electric buses alongside expanded metro connectivity and a Regional Rapid Transit System (RRTS) to transform Ahmedabad’s urban transport network was unveiled at the inauguration of the ‘Ahmedabad Next’ and ‘Mobility Exhibition’ on Saturday.

Business leadership is built by people and values: Karan Adani

IANS | February 21, 2026 8:48 PM

New Delhi, Feb 21 (IANS) The recognition truly belongs to the people who work tirelessly across the Adani Group, Karan Adani, Managing Director of Adani Ports and SEZ Limited, said on Saturday, after he was honoured as Business Leader of the Year at the Foundation Day of All India Management Association (AIMA).

Adani Ports joins NMDC and Vale Brazil to develop SEZ-based ecosystem for iron ore

IANS | February 21, 2026 8:37 PM

Ahmedabad, Feb 21 (IANS) Adani Ports and Special Economic Zone (APSEZ), through its subsidiary Adani Gangavaram Port Limited (AGPL), has signed a strategic memorandum of understanding (MoU) with government-run NMDC Limited and Vale Brazil, it was announced here on Saturday.

Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt

IANS | February 21, 2026 7:35 PM

New Delhi, Feb 21 (IANS) India’s pharmaceutical exports grew by 9.4 per cent in 2024–25 to reach $30.47 billion, and the industry is now preparing to achieve double-digit growth in 2026–27 with strong government support, the Ministry of Commerce and Industry said on Saturday.

New HCL-Foxconn plant will boost India’s global chip presence: PM Modi

IANS | February 21, 2026 7:31 PM

New Delhi, Feb 21 (IANS) Prime Minister Narendra Modi on Saturday said that the establishment of the HCL-Foxconn semiconductor facility in Uttar Pradesh marks a major step towards technological self-reliance and will significantly enhance India’s presence in the global chip ecosystem.

Adani Group's focus on energy, logistics, infra; more opportunities for tier-3, tier-4 students: Karan Adani

IANS | February 21, 2026 5:54 PM

New Delhi, Feb 21 (IANS) Adani Group wants to give more opportunities to students from tier-3 and tier-4 cities as young people from smaller towns have strong drive and determination and will play a key role in the company’s future growth, Karan Adani, Managing Director of Adani Ports and SEZ Limited said on Saturday.

Pakistan's gas sector suffers Rs 30 billion annual losses due to theft, inefficiencies

IANS | February 21, 2026 5:46 PM

Islamabad, Feb 21 (IANS) Pakistan's gas sector incurs losses of up to 30 billion Pakistani rupees annually due to theft and system inefficiencies, with lawmakers warning that the financial burden ultimately falls on consumers, local media reported on Saturday.

AI will enhance efficiency, not replace humans: Karan Adani

IANS | February 21, 2026 5:23 PM

New Delhi, Feb 21 (IANS) Artificial intelligence will not replace human beings entirely but will act as an efficiency enhancer, enabling fewer people to deliver higher output, Karan Adani, Managing Director of Adani Ports and SEZ Limited, said on Saturday.

Pakistan’s investment-GDP ratio at 13.8 pc remains lowest in Asia: Report

IANS | February 21, 2026 5:16 PM

New Delhi, Feb 21 (IANS) Pakistan’s 13.8 per cent investment‑to‑GDP ratio ranks far below Bangladesh's 22.4 per cent in 2025 despite latter having a turbulent economy, underscoring Pakistan’s position as the lowest‑investing major economy in Asia, a new report has said.

Business

US tariff refund could be a ‘mess’ but a psychological deterrent for future: SBI report

Gujarat: 3,000 EV buses, metro and RRTS at core of Olympics-linked plan for Ahmedabad

Business leadership is built by people and values: Karan Adani

Adani Ports joins NMDC and Vale Brazil to develop SEZ-based ecosystem for iron ore

Pharma exports register 9.4 pc growth; industry aims for double-digit expansion in 2026–27: Govt

New HCL-Foxconn plant will boost India’s global chip presence: PM Modi

Adani Group's focus on energy, logistics, infra; more opportunities for tier-3, tier-4 students: Karan Adani

Pakistan's gas sector suffers Rs 30 billion annual losses due to theft, inefficiencies

AI will enhance efficiency, not replace humans: Karan Adani

Pakistan’s investment-GDP ratio at 13.8 pc remains lowest in Asia: Report

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