MUMBAI: Strong buying in a host of bank stocks and Reliance Industries lifted the Sensex by 650 points on Monday to close at 83,277 points. However, nearly a Rs 1,000-crore net selling by foreign funds raised doubts about the sustainability of the rally. IT stocks had been under pressure over the past few sessions amid…
NEW DELHI: The rupee fell 8 paise to settle at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows. According to forex traders, lower crude oil prices and positive domestic equity markets capped a sharp fall in the Indian currency. On Friday, the rupee depreciated 5…
Top stocks to buy (AI image) Stock market recommendations: Arvind, and Bajaj Finance are the top stock picks by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the week starting February 16, 2026. He also shares his views and outlook on Nifty, Bank Nifty:Index View: NiftyLast week, the Nifty once again struggled…
The Court emphasized that Section 7 does not prescribe a uniform ritual requirement but recognizes diversity of customary practices. (AI image) Restating the legal presumption in favor of the validity of marriage, the Delhi High Court has held that, in the absence of direct evidence showing performance of Saptapadi, the traditional taking of seven steps…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
BENGALURU: India has emerged as the second-largest market for Claude, reflecting the country’s rapidly expanding AI ecosystem and technically sophisticated developer base. Nearly half of Claude usage in India centers on computer and mathematical tasks, including building applications, modernizing legacy systems, and deploying production-grade software—underscoring the depth of engineering engagement across the market.Anthropic has also…
India’s exports to the US also fell by 21.77% to $6.6 billion in January, largely due to the 50% tariffs imposed by the Donald Trump administration. (AI image) India’s merchandise exports grew marginally in January to $36.56 billion, up 0.61%. On the other hand, imports rose sharply by 19.2% to $71.24 billion, compared to $59.77…
Franklin Templeton India (Image/Website) Franklin Templeton India’s latest SIP performance factsheet for January 2026 highlights steady growth in its Systematic Investment Plan (SIP) book, alongside strong long-term performance across several equity mutual fund schemes.The fund house reported resilient SIP inflows during the month, with the number of active SIP accounts also rising, reflecting continued retail…
Almost ten years after the RERA Act, 2016 attention is increasingly moving from developers to the functioning of the regulator itself. (AI image) The Real Estate Regulatory Authority or RERA is in focus again. Recently, the Supreme Court made blunt observations about the role of RERA and its importance. The apex court remarked that the…