MSME sector rises on SIDBI confidence index despite global risks

IANS | February 24, 2026 2:17 PM

New Delhi, Feb 24 (IANS) A year-on-year analysis of the MSME Business Confidence Index (M-BCI) for the October-December 2025 quarter, at both composite and sectoral levels, indicates an improvement over the last one-year period despite the global risks as the domestic macroeconomic environment has offered strong support, according to a SIDBI outlook survey released on Tuesday.

AI threatens legacy software systems, IBM worst hit

IANS | February 24, 2026 1:49 PM

Mumbai, Feb 24 (IANS) Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses.