AI Fears Trigger IT Stock Crash, Sensex Plunges 559 Points

Indian stock markets witnessed a sharp decline as AI-driven concerns triggered massive selling in IT stocks. Infosys and TCS led the fall, contributing significantly to Sensex's 559-point drop and eroding investor wealth by Rs 2.5 lakh crore.

Bharat Bandh Partially Hits Banks, Insurance Firms

The Bharat Bandh protest against four labour codes partially disrupted banks and government insurance companies, while most central government departments operated normally. SBI employees did not join the strike led by AIBEA.

Lucknow Bank Held Hostage Over Alleged Financial Scam

A mob of account holders besieged a bank branch at Dr Shakuntala Mishra National Rehabilitation University, alleging unauthorized withdrawals of crores of rupees. The protest lasted over six hours, with staff held captive until police intervention.

New CPI Series: Jan Inflation at 2.8%, Food Weight Cut

India's retail inflation stood at 2.8% in January under the new CPI series, with food weight reduced to 37% from 46%. The update reflects changing consumption patterns and includes modern items like OTT services.

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