Business News: Economy & Markets

India emerges as global AI leader; farmers’ interests to be safeguarded in US trade deal: Priyam Gandhi Modi

IANS | February 12, 2026 7:36 PM

New Delhi, Feb 12 (IANS) Amid ongoing discussions over a potential India–US trade agreement, Priyam Gandhi Modi, Executive Director of the Future Economic Cooperation Council (FECC), on Thursday highlighted India’s growing global stature and underlined that the interests of farmers and the dairy sector would remain fully protected in any trade deal.

Hindalco Q3 profit falls 45 pc to Rs 2,049 crore

IANS | February 12, 2026 6:45 PM

Mumbai, Feb 12 (IANS) Hindalco Industries, the flagship metals company of the Aditya Birla Group, on Thursday reported a 45 per cent fall in its consolidated net profit for the December quarter (Q3 FY26).

Economists don’t expect new inflation series to materially influence policy in near term

IANS | February 12, 2026 6:16 PM

New Delhi, Feb 12 (IANS) Economists on Thursday said that they do not expect the new CPI inflation series to materially influence policy in the near term.

Union Budget marks rare ‘goldilocks moment’ for India’s economy: FM Sitharaman

IANS | February 12, 2026 6:06 PM

New Delhi, Feb 12 (IANS) Finance Minister Nirmala Sitharaman on Thursday said the Union Budget 2026-27 has come at a rare moment for India’s economy, where strong growth and low inflation are being achieved together.

Cereal, sugar, fats dominate Pakistan’s food system causing malnutrition: Report

IANS | February 12, 2026 5:23 PM

New Delhi, Feb 12 (IANS) Pakistan's food system is excessively reliant on cereals, sugar as well as fats and lacks healthy, nutritious and diverse foods, a new report has said, citing United Nations findings.

Rolls‑Royce to scale up India operations, eyes co‑development of combat jet engine

IANS | February 12, 2026 4:54 PM

New Delhi, Feb 12 (IANS) Luxury car manufacturer Rolls-Royce on Thursday said it intends to scale up its business in India to support future programmes and partnerships across defence, civil aviation and energy.

India’s retail inflation recorded at 2.75 pc for January with 2024 as base year

IANS | February 12, 2026 4:36 PM

New Delhi, Feb 12 (IANS) India’s inflation rate based on the Consumer Price Index (CPI), with the new base year 2024, for the month of January this year is estimated at 2.75 per cent compared to the same month of the previous year, according to official data released by the Ministry of Statistics on Thursday.

Broke Pakistan is splurging on pay & perks of military, civil officials

IANS | February 12, 2026 4:36 PM

New Delhi, Feb 12 (IANS) A structural issue responsible for perpetuating Pakistan’s dependence on the IMF is its failure to control expenditure, which has spiralled, at both federal and provincial levels, via salary increases far exceeding inflation for the civil, judicial, and military bureaucracies alongside expanding vehicle fleets, luxury housing, plush offices, overseas junkets, and discretionary budgets, often without mandates, sunset clauses or performance tests, according to an article in the Pakistani media.

Homegrown NavIC helping in real-time tracking of 10,400 trains, 40,000 fishing vessels: Minister

IANS | February 12, 2026 4:30 PM

New Delhi, Feb 12 (IANS) Real-time train tracking is operational on over 10,400 locomotives and over 40,000 fishing vessels have been equipped with NavIC (Navigation with Indian Constellation) receivers for tracking and emergency alerts, the Parliament was informed on Thursday.

Nifty IT dips 5.51 pc, erasing Rs 1.6 lakh in market cap; TCS touches 52-week low

IANS | February 12, 2026 4:27 PM

New Delhi, Feb 12 (IANS) The technology sector saw heightened panic selling on Thursday, sending the Nifty IT index down 5.51 per cent to a four‑month low as investors were spooked over AI‑led disruption and weaker hopes for near‑term US interest‑rate cuts.

business

India emerges as global AI leader; farmers’ interests to be safeguarded in US trade deal: Priyam Gandhi Modi

Hindalco Q3 profit falls 45 pc to Rs 2,049 crore

Economists don’t expect new inflation series to materially influence policy in near term

Union Budget marks rare ‘goldilocks moment’ for India’s economy: FM Sitharaman

Cereal, sugar, fats dominate Pakistan’s food system causing malnutrition: Report

Rolls‑Royce to scale up India operations, eyes co‑development of combat jet engine

India’s retail inflation recorded at 2.75 pc for January with 2024 as base year

Broke Pakistan is splurging on pay & perks of military, civil officials

Homegrown NavIC helping in real-time tracking of 10,400 trains, 40,000 fishing vessels: Minister

Nifty IT dips 5.51 pc, erasing Rs 1.6 lakh in market cap; TCS touches 52-week low

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