Nifty, Sensex Open Higher on Global Cues; IT, PSU Banks Lead
Indian stock markets opened marginally higher on positive global cues, with the Nifty and Sensex gaining as IT and PSU bank stocks led the rally amid cautious investor sentiment.
Category : Business
HBX Group and Traveloka Expand APAC and Global Partnership
HBX Group and Traveloka have deepened their strategic partnership to enhance supply in the Asia-Pacific region and accelerate global distribution, aiming to drive growth in travel and hospitality.
France's Landmark Week: India AI Summit 2026 Highlights
France marks a pivotal week with the India AI Impact Summit & Expo 2026, showcasing global AI collaboration and economic partnerships between the two nations.
eBay Reportedly Cutting 800 Jobs in Global Layoffs
eBay is reportedly eliminating nearly 800 positions, about 6% of its global workforce, in a new round of layoffs affecting multiple U.S. states. Employees claim roles are being moved overseas to India and Ireland.
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Rupee Gains 6 Paise to 90.85 Against US Dollar
The Indian rupee appreciated by 6 paise to 90.85 against the US dollar in early trade on February 26, 2026, opening at 90.86 before strengthening slightly.
US Solar Duties Push Gujarat Firms to Diversify Markets
The US imposes up to 126% duties on Indian solar cells, prompting Gujarat manufacturers to diversify exports and boost local production under ALMM-II norms.
Nagpur Metro Adds 7 Vending Kiosks, 16 More Planned
Nagpur MahaMetro has installed seven automated vending kiosks at key stations, with 16 more in the tender pipeline. The initiative aims to enhance commuter convenience and boost non-fare revenue.
IRDAI Calls for Lower Insurance Costs to Reach Missing Middle
IRDAI member Deepak Sood highlights the need to reduce customer acquisition and management expenses to make health insurance affordable for the 'missing middle' segment.
Centre Amends Shipping Laws to Boost Marine Power
Sanjeev Sanyal announced amendments to shipping laws to support shipbuilding and maritime growth, aiming to reduce India's 90% dependence on foreign vessels and create jobs.
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Northern Railway Launches Food Van at Ludhiana Station
Northern Railway's Ferozepur division has launched a new food van service at Ludhiana railway station to provide hygienic, affordable meals to passengers and boost non-fare revenue.
Park Hotels Expands in North Bengal with Siliguri and Kolkata Projects
Apeejay Surrendra Park Hotels inks MoU with Luxmi Tea for a 100-room hotel in Siliguri and announces a Rs 700 crore joint venture with Ambuja Neotia for a hospitality-integrated development in Kolkata.
Nagpur Property Tax Hike: 10% Increase Approved by Commissioner
Nagpur Municipal Commissioner Abhijeet Chaudhari has approved a proposal to increase property tax rates by 10%, affecting thousands of property owners. The plan includes doubling auxiliary levies and revising tax slabs based on annual letting value.
RERA Orders Rs 77.6 Lakh Compensation for Gurgaon Flat Delay
Haryana RERA directs Parsvnath Developers to pay over Rs 77 lakh to a couple for a 3-year delay and lack of occupation certificate in a Golf Course Road project, upholding homebuyer rights under RERA Act.
Nifty50, Sensex Rise on Global Cues; FPIs Net Buyers
Indian stock markets opened higher on Thursday, with Nifty50 above 25,500 and Sensex up around 200 points, driven by positive global trends. FPIs were net buyers of Rs 2,991 crore.
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US Plans Global Tariff Hike to 15%, China Exempted
The Trump administration plans to raise global tariffs from 10% to 15% for select countries, while China will be spared from increases. US Trade Representative Jamieson Greer announced the move, citing trade agreements and ongoing negotiations.
Tamil Nadu Power Demand Surges to 405.9 Million Units
Tamil Nadu's daily power consumption crossed 400 million units for the first time this year, reaching 405.9 MU, driven by above-normal night temperatures and anticipated demand from elections and industry.
Musk vs Gates Feud Reignites Over Tesla Short Selling
Elon Musk and Bill Gates' long-standing rivalry flared up again as Musk commented on Gates' ethics amid reports of his $500 million Tesla short position and personal controversies.
Hyderabad-Visakhapatnam Expressway Nears Completion, Cuts Travel Time
A 162-km greenfield expressway between Telangana and Andhra Pradesh is nearing completion, promising to reduce travel time by 2-4 hours and ease congestion on existing highways. The ₹3,700 crore project features advanced infrastructure and modern amenitie
Lloyds Group to Launch First Major Private Gold Mine in India
The Lloyds Group plans commercial gold extraction at Jonnagiri mines in Andhra Pradesh from April, aiming for 600 kg/year by 2026-27, reducing India's heavy gold imports.
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Major Brokerages Issue Stock Upgrades and Target Prices
Nomura initiates coverage on Lloyd Metals, BoFA upgrades Vedanta, Jefferies recommends Adani Enterprises, CLSA rates TCS outperform, and Elara upgrades GRSE. Key targets and growth drivers detailed.
Vidarbha Crops Ruined by Unseasonal Rain, 6,900 Farmers Hit
Unseasonal rainfall in Vidarbha has severely damaged crops across 8,600+ acres, affecting 6,900 farmers. Wardha and Nagpur districts are worst-hit, with oilseeds, vegetables, and grains destroyed. The Centre approves chana procurement in Maharashtra.
Lucknow Residents Protest Emaar Clubhouse Sale, Cite Security Issues
Residents of Emaar Gomti Green in Lucknow staged a protest against Emaar India for allegedly selling their community clubhouse illegally. They raised concerns about security, noise from commercial activities, and unresolved civic problems.
Nuvama's Stock Picks: Tata Motors, Colgate, JSW Steel Outlook
Aakash K Hindocha of Nuvama recommends Tata Motors Passenger Vehicles, Colgate-Palmolive (India), and JSW Steel as top buys. He shares Nifty and Bank Nifty outlook for February 26, 2026, with technical analysis and targets.
Tourism Key to National Growth, Targeting 10% GDP Share
Union Minister Gajendra Singh Shekhawat emphasizes tourism's role in India's development, aiming to increase its GDP contribution to 10% through initiatives like SATTE 2026.
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Ahluwalia: States Must Widen Revenue Base, Tax Agriculture
Former Planning Commission deputy chairman Montek Singh Ahluwalia calls for states to diversify revenue sources, including taxing medium-sized land holdings and property, to reduce dependence on central funds.
Kochi Metro Brake Failure Halts Rush Hour Commute
A major technical glitch in Kochi Metro's braking system caused severe delays for thousands during morning rush hour, disrupting operations for nearly 1.5 hours and leading to traffic chaos.
Gadchiroli Workers Hunger Strike Against Plant Sale, 400 Jobs at Risk
Workers at APR Sack Plant in Ashti, Gadchiroli, have begun a relay hunger strike protesting the reported sale and relocation of the unit to Triveni Lloyds Metal Pvt. Ltd., which they claim jeopardizes livelihoods of nearly 400 families without consultatio
NCLT Dismisses Mahagun Insolvency Petition Post-Settlement
The National Company Law Tribunal has dismissed an insolvency petition against Mahagun real estate firm after a settlement with IDBI Trusteeship, providing relief to homebuyers and boosting project completion efforts.
Ahmedabad Seeks Approval for Rs 16.7 Lakh Crash Site Refreshment Costs
Ahmedabad Municipal Corporation will present a proposal to approve Rs 16.7 lakh spent on tea, snacks, and water for teams involved in the month-long Air India Flight 171 crash recovery operations.
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Ludhiana Exporters Get Major Boost with Dak Niryat Kendra
Ludhiana's new Dak Niryat Kendra at the Head Post Office will provide on-site customs clearance, eliminating the need for exporters to travel to Delhi or other distant cities for customs formalities.
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