Business News: Economy & Markets

Trump claims global reset as economy surges in his State of the Union address

IANS | February 25, 2026 11:18 AM

Washington, Feb 25 (IANS) President Donald Trump strode into the House chamber to chants of “USA, USA, USA”, and delivered a State of the Union address built as much for the room as for the cameras -- a rolling blend of victory lap, grievance and theatre that cast his second-term as a national rescue mission and his opponents as the one remaining obstacle to a promised “golden age of America”.

India’s building materials market likely to almost double to $100 billion by 2030

IANS | February 25, 2026 10:23 AM

New Delhi, Feb 25 (IANS) India’s building materials market is expected to reach around $100 billion by 2030, driven by a robust 10–12 per cent compound annual growth rate (CAGR) over the next five years, from a $57 billion base in FY25, a report said on Wednesday.

Global smartwatch shipments rebound in 2025, Apple posts robust growth

IANS | February 25, 2026 10:08 AM

New Delhi, Feb 25 (IANS) Global smartwatch shipments grew 4 per cent (year-on-year) in 2025, recovering from a decline in 2024, according to a new report on Wednesday.

Sensex, Nifty post strong gains led by recovery in IT stocks

IANS | February 25, 2026 9:43 AM

Mumbai, Feb 25 (IANS) The Indian equity markets showed strong gains on Wednesday led by IT stocks, tracking an overnight recovery of tech stocks on Wall Street in the US.

200,000 Taiwanese accounts exposed in recent data breach: Coupang

IANS | February 25, 2026 9:19 AM

Seoul, Feb 25 (IANS) US-listed e-commerce giant Coupang said on Wednesday that around 200,000 Taiwanese accounts were leaked in a recent data breach that affected about 33 million accounts.

Hyundai, Kia, BMW to recall over 107,000 vehicles over fire risks

IANS | February 25, 2026 9:15 AM

Seoul, Feb 25 (IANS) Hyundai Motor, Kia and BMW Korea will voluntarily recall 107,158 vehicles across 37 models due to manufacturing defects that could pose fire risks, the transport ministry said on Wednesday.

Gujarat records 7.4 pc growth rate, above national average of 6.5 pc

IANS | February 24, 2026 9:36 PM

Gandhinagar, Feb 24 (IANS) Gujarat has recorded an economic growth rate of 7.4 per cent, surpassing the national average of 6.5 per cent, according to details released by the state’s Finance Department, which also outlined the government’s fiscal position and expenditure priorities for 2026-27.

PM Modi highlights success of AI Impact Summit 2026

IANS | February 24, 2026 9:01 PM

New Delhi, Feb 24 (IANS) Prime Minister Narendra Modi on Tuesday highlighted that, at the AI Impact Summit held in Delhi, India drew inspiration from its own civilisational impulse in putting forward its organising ideas: sovereignty over data, inclusion by design, and accountability by default.

Gujarat gears up for digital Census in 2027

IANS | February 24, 2026 8:24 PM

Gandhinagar, Feb 24 (IANS) Gujarat has begun preparations for the Phase-1 of nationwide Census in 2027, with officials emphasising accuracy, transparency, and the use of digital tools to ease the process.

AMD, Meta sign multi-year deal to power next-gen AI infrastructure with 6 gigawatts of GPUs

IANS | February 24, 2026 8:17 PM

New Delhi, Feb 24 (IANS) US chipmaker AMD and social media giant Meta on Tuesday announced a major multi-year partnership to build the next generation of artificial intelligence (AI) infrastructure.