INDIA BUSINESS | Mon, 9 Feb 2026, 7:59PM IST
Replying to supplementaries during Question Hour, the minister said for any country like India, which is growing at a phenomenal pace, there must be a very viable and secure reserve, so that it is not in a vulnerable situation in the case of global turbulence.
Continue reading at Economic Times
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Centre to firm up seven bullet train corridor plans
INDIA BUSINESS | Mon, 9 Feb 2026, 7:47PM IST
Indian Railways is moving forward with seven new bullet train corridors planned for 2026. Detailed project reports are being updated for accurate cost assessments. The National High Speed Rail Corporation Limited is tasked with ensuring timely progress. These new routes will connect major cities across India, spanning nearly 4,000 kilometers and attracting significant investment.
Continue reading at Economic Times
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National interest guides energy buys: Misri
INDIA NEWS | Mon, 9 Feb 2026, 7:42PM IST
India's approach on crude oil purchases has been to maintain multiple sources of supply and diversify them to ensure stability and security, Foreign Secretary Vikram Misri said on Monday. The foreign secretary's comments came days after US President Donald Trump rolled back a 25 per cent additional tariff on Indian goods in exchange for India halting Russian oil purchases. "The national interests will be the guiding factor for us in our choices," Misri said at a media briefing when asked if India has decided to stop procuring crude oil from Russia.
Continue reading at Economic Times
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Ahead of IPO, Flipkart strengthens leadership with two senior hires
INDIA BUSINESS | Mon, 9 Feb 2026, 7:38PM IST
E-commerce firm Flipkart has named Vipin Kapooria as vice president, business finance, and Yogita Shanbhag as vice president, human resources, as it readies for its IPO
Continue reading at Business Standard
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Taxpayers to use existing ITR forms for FY26; new income-tax rules by March
INDIA NEWS | Mon, 9 Feb 2026, 7:37PM IST
Existing income tax return forms will continue for FY26, while new transactional rules under the Income-tax Act, 2025 are likely to be notified by early March, CBDT sources said
Continue reading at Business Standard
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NSE 'hopeful' of some review on STT hike, cites limited impact on volumes
INDIA MARKET | Mon, 9 Feb 2026, 7:33PM IST
The exchange said industry representations have flagged concerns over the Budget-announced STT hike, though past increases have not had a significant negative impact on trading volumes
Continue reading at Business Standard
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Marico signs pact to buy majority stake in Vietnamese D2C company Skinetiq
INDIA BUSINESS | Mon, 9 Feb 2026, 7:27PM IST
The FMCG major will acquire a 75% stake in Vietnam-based Skinetiq in an all-cash deal valued at Rs 350 crore, strengthening its premium beauty and D2C play in the market
Continue reading at Business Standard
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Flipkart appoints Vipin Kapooria, Yogita Shanbhag as VPs ahead of IPO
INDIA BUSINESS | Mon, 9 Feb 2026, 7:23PM IST
E-commerce major Flipkart on Monday announced the appointment of Vipin Kapooria as Vice President, Business Finance, and Yogita Shanbhag as Vice President, Human Resources, effective immediately.
These appointments come shortly after a series of high-profile hires at the IPO-bound company in the past month.
Kapooria, who is rejoining Flipkart, will lead business finance across all categories. He comes with over 19 years of experience and was most recently the Chief Financial Officer at Blinkit. He has also held senior positions at OYO and Yum! Brands.
In his new role, Kapooria will partner with business teams to drive financial discipline, operational excellence, and sustainable growth, the company said in a statement.
Shanbhag will lead the HR function for Flipkart's technology vertical, OneTech Business Unit. She joins with over 20 years of experience at Juniper Networks and Wipro.
"Building a strong organisation requires sustained focus on leadership, robust systems, and cultur
Continue reading at Business Standard
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Govt says 39,545 MW of thermal power projects are under various stages of construction
INDIA BUSINESS | Mon, 9 Feb 2026, 7:19PM IST
India is building thermal power projects totaling 39,545 megawatts. Studies project a need for 307,000 megawatts by 2034-35. The government plans an additional 97,000 megawatts of coal and lignite capacity. Contracts for 22,920 megawatts are awarded. Another 24,020 megawatts are in planning. 17,360 megawatts were commissioned since April 2023. Electricity costs vary, with new coal plants costing between Rs 5.38-6.30/kWh.
Continue reading at Economic Times
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India needs over $22 tn for green transition to become Net Zero by 2070: NITI Aayog
INDIA BUSINESS | Mon, 9 Feb 2026, 7:16PM IST
In its report on Scenarios Towards Viksit Bharat and Net Zero: An Overview, released on Monday, the Aayog said India needs to promote electrification alongside power sector transition to cleaner sources, work towards demand moderation while adopting efficiency and circularity, reorient urban and mobility systems towards public and shared transport, create a pool of skilled workers to help in green transition and build a resilient domestic supply chain for clean technologies and critical materials, among others.
Continue reading at Economic Times
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IOC, HPCL buy Venezuelan oil in second deal since imports resumed
INDIA NEWS | Mon, 9 Feb 2026, 7:14PM IST
State-owned Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL) have jointly bought 2 million barrels of Venezuelan crude oil - the second deal that Indian refiners have struck since oil restarted flowing into international markets.
The two firms have bought 2 million barrels of Merey crude from Trafigura for delivery in the second half of April, sources said. 1.5 million barrels of oil will be delivered to IOC's Paradip refinery in Odisha and rest 500,000 barrels to HPCL's Visakhapatnam unit in Andhra Pradesh.
This is the second deal for Venezuelan crude after Reliance Industries bought 2 million barrels of Venezuelan oil for April delivery from Vitol.
The world's third-largest oil consumer halted Venezuelan crude purchases after US sanctions were reimposed. It has resumed imports after the US granted Vitol and Trafigura a licence to sell Venezuelan oil after President Nicolas Maduro was seized in a military operation and Washington asserted control over the
Continue reading at Business Standard
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Bank of Baroda slashes car loan rates by 30 basis points to 7.6%
INDIA BUSINESS | Mon, 9 Feb 2026, 7:13PM IST
Bank of Baroda has lowered its car loan interest rates. The floating rate now begins at 7.6 percent annually. A fixed rate option starts at 8.5 percent per annum. These new rates apply to new car purchases and depend on the borrower's credit profile. Borrowers also enjoy zero prepayment charges on floating rate loans.
Continue reading at Economic Times
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Bank of Baroda slashes car loan rates
INDIA NEWS | Mon, 9 Feb 2026, 7:13PM IST
New Delhi, State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately.The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement.The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum.The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said.In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said.Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it even more affordable for borrowers, it said.Customers can also benefit from an extended repayment tenure of up to 84 months, providing enhanced financial flexibility, it added.
Continue reading at Economic Times
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Dream Money integrates with ONDC to roll out mutual fund distribution
INDIA MARKET | Mon, 9 Feb 2026, 7:12PM IST
Dream Money, the fintech arm of Dream Sports, has integrated with the ONDC network to enable nationwide mutual fund distribution, signalling a sharper focus on investment products
Continue reading at Business Standard
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RBI's VRR overhaul removes parallel limits, signals confidence in bond mkts
INDIA BUSINESS | Mon, 9 Feb 2026, 7:05PM IST
The RBI has removed the Rs 2.5 trillion cap under the Voluntary Retention Route and merged it with the General Route, easing exit constraints and simplifying compliance for foreign bond investors
Continue reading at Business Standard
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Zydus Lifesciences Q3 net profit rises 9% on strong US and India growth
INDIA BUSINESS | Mon, 9 Feb 2026, 7:04PM IST
Zydus Lifesciences posted higher Q3 profit and revenue, aided by strong growth in the US and India businesses, improved margins, and steady momentum in generics, specialty and chronic segments
Continue reading at Business Standard
1h
This Years Super Bowl Ads Were Dominated by AI Companies
GLOBAL NEWS | Mon, 9 Feb 2026, 7:04PM IST
Ads pitching artificial intelligence companies dominated the Super Bowl broadcast. Their huge cost probably didnt ease investor worries about spending.
Continue reading at The New York Times
1h
GLOBAL NEWS | Mon, 9 Feb 2026, 7:04PM IST
Ads pitching artificial intelligence companies dominated the Super Bowl broadcast. Their huge cost probably didnt ease investor worries about spending.
Continue reading at The New York Times
1h
All India strike on Thursday: Trade Unions
INDIA NEWS | Mon, 9 Feb 2026, 7:02PM IST
New Delhi, A joint platform of 10 central trade unions on Monday said that the call for a nationwide general strike on February 12 is on, and not less than 30 crore workers across the country are expected to join the protest. The group of unions had given a call for a nationwide strike on January 9, 2025, to show their "resistance to anti-worker, anti-farmer and anti-national pro-corporate policies of the central government". All India Trade Union Congress General Secretary Amarjeet Kaur told reporters that this time "not less than 30 crore workers will participate in the strike called on February 12 (Thursday). Last time on July 9, 2025, about 25 crore workers took part in the agitation. She informed that the strike will see its impact in 600 districts of the country, which is higher than about 550 districts last year. Kaur also stated that the trade unions' claims of participation are based on the strong preparations done at the district and block levels, and farmers, as well as other federations, are with them. About the impact of the proposed strike in BJP-ruled states, she said that Odisha and Assam would be completely shut down and other states will also have a huge impact of the agitation. According to a statement by the joint forum, the Samyukt Kisan Morcha extended full-fledged support for joining the protest and mobilisations on their demands and in support of trade unions' demands. Similarly, the joint front of agricultural workers' unions is also part of the campaign, joining the strike, with a special focus on restoring MGNREGA. The wide campaigns have been taken up in almost all the states, in all sectors- government, public and private sector establishments, industrial areas, amongst the workers, farmers and common masses in rural and urban India. Students and youth groups joined in several places for such campaigns. Common citizens have been extending their support for the strike's demands. The strike notices have been served in most of the sectors/industries. The preparations are full-fledged, it stated. Their immediate demand include the scrapping of four labour codes and rules; withdrawal of the Draft Seed Bill and Electricity Amendment Bill, the 'Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act'. The unions are also demanding the restoration of MGNREGA and scrapping the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025.The joint forum includes INTUC, AITUC, HMS, CITU, AIUTUC, TUCC, SEWA, AICCTU LPF and UTUC.
Continue reading at Economic Times
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Retail investors loosen grip as volatility spikes amid weak returns
INDIA MARKET | Mon, 9 Feb 2026, 6:56PM IST
Their direct holdings in NSE-listed firms drop to lowest in 4 yrs
Continue reading at Business Standard
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Q3 Results Live Updates: PN Gadgil Profit Doubles; BSE Profit, Revenue Grow
INDIA MARKET | Mon, 9 Feb 2026, 6:55PM IST
In this live blog, we bring you real-time updates as companies, including Sun Pharma and BSE, announce their Q3 results today. Stay tuned for all the action as it unfolds.
Continue reading at NDTV
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BSE Q3 Results: Cons PAT skyrockets 174% YoY to Rs 385 crore, revenue soars 62%
INDIA MARKET | Mon, 9 Feb 2026, 6:53PM IST
BSE Q3 Results: BSE reported a 174% jump in its December quarter consolidated net profit at Rs 602 crore compared to Rs 220 crore reported in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the holding company.
Continue reading at Economic Times
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BSE Q3 Results: Cons PAT skyrockets 174% YoY to Rs 602 crore, revenue soars 62%
INDIA MARKET | Mon, 9 Feb 2026, 6:53PM IST
BSE Q3 Results: BSE reported a 174% jump in its December quarter consolidated net profit at Rs 602 crore compared to Rs 220 crore reported in the year ago period. The profit after tax (PAT) is attributable to the shareholders of the holding company.
Continue reading at Economic Times
1h
Not HUL, Not Dabur: This Under-The-Radar FMCG Stock Just Clocked 83% Profit Surge
INDIA MARKET | Mon, 9 Feb 2026, 6:53PM IST
Bajaj Consumer has diversified into other hair oil variants and adjacent personal care categories.
Continue reading at NDTV
1h
Moodys projects stable outlook for India's banking sector, NPAs to remain low
INDIA BUSINESS | Mon, 9 Feb 2026, 6:51PM IST
Moody's Ratings projects a stable outlook for India's banking sector, anticipating a low non-performing asset ratio of 2-2.5% over the next 12-18 months. Robust economic growth, projected at 6.4% for FY26-27, will underpin solid fundamentals and stable profitability, with loan growth expected to keep pace with deposits.
Continue reading at Economic Times
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Public sector banks post 18% growth in profit to record 52,603 cr in Q3
INDIA BUSINESS | Mon, 9 Feb 2026, 6:50PM IST
Market leader SBI alone contributed 40% to the total earnings of 52,603 crore, as per the published numbers on stock exchanges
Continue reading at The Hindu
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National interest guiding factor for India's energy imports: Vikram Misri
INDIA MARKET | Mon, 9 Feb 2026, 6:48PM IST
Foreign Secretary Vikram Misri said India's energy import decisions are driven by national interest, diversification and price stability, amid scrutiny of Russian oil imports, global market volatility
Continue reading at Business Standard
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Govt To Push Labour Codes Implementation Ahead Of Trade Unions' Feb 12 Strike: Sources
INDIA MARKET | Mon, 9 Feb 2026, 6:39PM IST
Around 16 trade unions are in support of the new Labour Codes, sources said.
Continue reading at NDTV
1h
NCLT greenlights Ambuja Cements' merger with its arm Sanghi Industries
INDIA BUSINESS | Mon, 9 Feb 2026, 6:39PM IST
The approval comes after Ambuja Cements, in 2023, completed the acquisition of Sanghi Industries, at an enterprise value of 5,185 crore
Continue reading at Business Standard
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Public Sector Banks See Cumulative Q3 Net Profit Go Up 18% To Rs 52,603 Crore
INDIA MARKET | Mon, 9 Feb 2026, 6:32PM IST
Market leader SBI alone contributed 40% to the total earnings of Rs 52,603 crore.
Continue reading at NDTV
1h
BoB slashes car loan rates by 30 bps to 7.6%, effective immediately
INDIA BUSINESS | Mon, 9 Feb 2026, 6:31PM IST
State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately.
The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement.
The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum.
The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said.
In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said.
Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it even more affordable for borrowers, it said.
Customers can also benefit from an extended repayment tenure of up to 84 months, providing enhanced financial flexibility, it added.
Continue reading at Business Standard
1h
China rejects US claims of secret nuclear tests
INDIA NEWS | Mon, 9 Feb 2026, 6:29PM IST
Beijing: China on Monday denied US allegations it had conducted secret nuclear explosive tests, calling them "outright lies" and accusing Washington of making excuses to start up its own trials. At the UN Conference on Disarmament in Geneva on Friday, Thomas DiNanno, US under secretary of state for arms control accused China of conducting the tests, including one on 22 June 2020, and of preparing for more tests with massive yields."The US allegations are completely groundless and are outright lies. China firmly opposes the US attempt to fabricate excuses for its own restarting of nuclear tests," China's ministry of foreign affairs said in a statement to AFP on Monday. It also urged the United States to "immediately stop its irresponsible actions".US President Donald Trump said in October that Washington would start testing nuclear weapons "on an equal basis" with Moscow and Beijing, but without elaborating or explaining what kind of nuclear testing he wanted to resume.DiNanno's comments came as he was presenting a new US plan calling for three-way talks with Russia and China to set new limits on nuclear weapons, after the expiration of New START -- the last treaty between top nuclear powers Washington and Moscow, which expired last Thursday.China has already rejected joining disarmament negotiations "at this stage".
Continue reading at Economic Times
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Sharad Pawar hospitalised in Pune with chest infection; condition stable
INDIA MARKET | Mon, 9 Feb 2026, 6:20PM IST
NCP (SP) chief Sharad Pawar was on Monday brought to a private hospital in Pune from his residence in Baramati after complaints of cough and difficulty in breathing.
A CT scan was performed and there is chest infection, Ruby Hall Clinic chief ...
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Panapakkam puts Tamil Nadu on Jaguar Land Rover's global production map
INDIA BUSINESS | Mon, 9 Feb 2026, 6:17PM IST
Tata Motors Passenger Vehicles and JLR have begun operations at a Rs 9,000 crore plant in Panapakkam, positioning Tamil Nadu as a key node in Jaguar Land Rover's global manufacturing network
Continue reading at Business Standard
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INDIA MARKET | Mon, 9 Feb 2026, 6:16PM IST
The domain name - AI.com - was reportedly sold for a massive $70 million.
Continue reading at NDTV
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NSE Warns STT Hike On Equity Futures Could Harm Long-Term Investors, Urges Govt Review
INDIA MARKET | Mon, 9 Feb 2026, 6:15PM IST
STT applies per transaction, so a higher rate increases the cost of trading
Continue reading at NDTV
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