Business

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

Budget 2026 strengthens India’s clean energy ambitions, but its weak emphasis on climate accountability raises concerns

LoP Rahul Gandhi met farm union leaders at Parliament to plan a national movement against the India-US interim trade deal. Leaders argued the pact threatens corn, soy, and cotton farmers, while Gandhi accused the government of compromising food security

Asian markets mostly fell Friday, tracking Wall Street losses amid investor concerns over AI disruptions impacting tech stocks. Tokyo, Hong Kong, Shanghai, and Australia saw declines, while South Korea’s Kospi gained. U.S. inflation data and tech earnings influenced global market sentiment

Benchmark equity indices Sensex and Nifty fell over 1 per cent in early trade on Friday, led by sharp losses in IT stocks amid weak global cues and concerns over AI-led disruptions. Broader markets also witnessed heavy selling.

The rupee weakened by 8 paise to 90.69 against the US dollar in early trade on Friday, pressured by a stronger dollar and weak equities. However, stable inflation data and domestic fundamentals provided some support, forex traders said.

Nifty IT index plunged 5.51% to a four-month low, with major IT stocks including TCS, Infosys, and Tech Mahindra falling sharply. Investor fears over AI disruption and stronger US jobs data dampened hopes for near-term rate cuts, triggering a market selloff.

Gold and silver prices declined on Thursday as a stronger US dollar, supported by firm jobs data, weighed on bullion. Analysts said labour market strength could delay US rate cuts, while investors awaited key inflation data for further cues.

Benchmark indices Sensex and Nifty declined in early trade on Thursday, dragged down by sharp losses in IT stocks amid weak US market cues and rising crude oil prices. Analysts warned of continued pressure on technology shares.

The rupee strengthened 38 paise to 90.40 against the US dollar in early trade on Thursday, aided by foreign fund inflows and suspected RBI intervention. Ample liquidity, easing dollar index and cautious global cues supported the currency.