Business

IMF Managing Director Kristalina Georgieva said artificial intelligence could raise global growth by 0.8 per cent, making India’s ambition of becoming a Viksit Bharat by 2047 achievable. She also cautioned that AI also poses significant risks to employment.

India joined the US-led Pax Silica to strengthen resilient supply chains for critical minerals and AI. Officials, including Ashwini Vaishnaw and US Ambassador Sergio Gor, highlighted enhanced economic security and bilateral cooperation

Congress leader Shashi Tharoor defended the Bharat AI Impact Summit despite criticism from Rahul Gandhi and Mallikarjun Kharge. Narendra Modi highlighted equitable AI access, global consensus-building, and regulatory safeguards during the high-level international gathering

Benchmark indices BSE Sensex and NSE Nifty rebounded from early losses to trade higher, driven by banking and capital goods stocks. Investors weighed Middle East tensions, FII selling, and global cues, while Brent crude edged up and Asian markets showed mixed trends

Mumbai equity markets slumped mid-session, with BSE Sensex down 869.96 points and NSE Nifty falling 251.6 points amid profit booking in realty, power, auto stocks, and rising global crude oil prices

At the India AI Impact Summit 2026 in New Delhi, Karnataka Minister Priyank Kharge highlighted the state’s AI leadership, global collaborations with companies like Anthropic, startup support, and pilot projects in healthcare, positioning Bengaluru as a deep-tech hub

At the India-AI Impact Summit 2026 in New Delhi, French President Emmanuel Macron praised India’s digital transformation, citing a Mumbai vendor’s journey to digital payments. He highlighted strategic AI cooperation with Narendra Modi, emphasising innovation, sovereignty, and responsible technology

Stock markets opened marginally higher Thursday, extending a three-day recovery as the ‘India AI Impact Summit 2026’ in New Delhi fuels investor sentiment. Sensex and Nifty gained modestly, led by IT stocks, while analysts flagged key support-resistance levels and steady DII inflows

Nissan Motor India has launched the all-new Gravite 7-seater MPV at an introductory price of Rs. 5.65 lakh. Built in Chennai, the family-focused MPV offers flexible seating, modern features, safety systems and manual and AMT options.

Wikipedia co-founder Jimmy Wales dismissed AI-driven platforms like ‘Grokepedia’ as unrealistic, emphasizing Wikipedia’s reliance on human collaboration, transparency, and attribution, while noting AI’s rise and India’s potential in the evolving technology landscape

Benchmark indices BSE Sensex and NSE Nifty opened lower in a volatile session, dragged by IT and services stocks. Despite gains in select counters, investor caution persisted amid sectoral uncertainty, while Asian markets were mixed and Brent crude edged higher

India needs to move beyond long-hour myths and China’s 996 model to build a smarter frontline productivity system

Confusion surrounds Bill Gates’s participation in the AI Impact Summit in New Delhi, with government sources saying he won’t attend, while his foundation confirms he will deliver a keynote on February 19 during the ongoing February 16–20 event

The high-profile AI Summit comes against the backdrop of India positioning itself as a global hub for digital infrastructure and artificial intelligence

India’s new labour codes promise simplification and economic growth, but gaps in implementation, diluted worker protections and increasing centralisation raise serious concerns

Benchmark indices Sensex and Nifty opened lower on Monday amid mixed global cues but turned volatile later as selective buying emerged. IT stocks remained under pressure, while investors tracked crude oil prices, global markets and institutional fund flows.

A Knight Frank India report shows India’s residential market remains resilient, with premium homes (Rs 1 crore+) driving growth, while affordable housing (

At the India AI Impact Summit 2026 in New Delhi, policymakers including Narendra Modi and CEA V Anantha Nageswaran urged urgent, inclusive AI adoption, stressing education reforms, democratic access and coordinated national action

Bill Gates visited Amaravati, welcomed by IT Minister Nara Lokesh. He held talks with Chief Minister N Chandrababu Naidu on expanding Gates Foundation initiatives in health, agriculture, AI-driven governance and scalable public welfare projects

The rupee slipped marginally against the US dollar in early trade on Monday amid foreign fund outflows, a stronger greenback and falling forex reserves. Traders said global cues and upcoming trade data will guide the currency’s movement.

VIYONA Fintech has partnered with EFICYENT to enable international acceptance of India’s UPI across select corridors. The collaboration will focus on merchant payments and cross-border collections, with phased rollout subject to regulatory approvals in overseas markets

Gold fell 1.82 per cent this week amid dollar strength and market volatility, while silver gained on softer US CPI data. Analysts forecast a potential 3–5 year bull run but recommend maintaining 10–15 per cent portfolio allocation in precious metals.

Indian equity benchmarks declined nearly one per cent during the week, led by sharp losses in IT stocks amid AI-related concerns and weak global cues. Dollar strength, muted sectoral performance and resistance near key Nifty levels also weighed on investor sentiment.

The meltdown was due to worries of AI tools replacing many traditional software and IT outsourcing services