IBM Triples Entry-Level Hiring in 2026 Despite AI Fears
IBM plans to triple entry-level hiring in the US by 2026, countering AI job displacement fears by redesigning junior roles to focus on customer interaction and AI oversight.
Category : Business
New CPI Series Cuts Food Weight, Aids Policy Calibration: CEA
Chief Economic Advisor V Anantha Nageswaran stated that the updated CPI series, with reduced food weightage, will lower inflation volatility and enhance monetary and fiscal policy precision by reflecting current consumption patterns.
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.
Noida Farmers Protest India-US Trade Deal Over Livelihood Fears
Farmer and labor unions in Noida and Greater Noida staged demonstrations against the India-US trade agreement, claiming it threatens small farmers' livelihoods and benefits foreign corporations.
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DMIC-IITGNL to Hire Consultant for e-Land System Upgrade
DMIC-IITGNL in Noida will hire a consultant to upgrade and operate its electronic land management system and website for three years, enhancing industrial services in the 750-acre township.
Madurai Railway Mock Drill Tests Emergency Preparedness
Madurai railway division executed a comprehensive mock drill at Manamadurai Junction to evaluate emergency response capabilities for a simulated passenger train derailment.
Gold, Silver Prices Rise Amid Volatility and Bargain Hunting
Gold and silver prices are climbing today as bargain hunters enter the market, though volatility persists. Experts analyze factors like Fed policy and global economic conditions influencing precious metals.
HUL: Low Inflation, GST Cuts Boost Consumer Demand, Growth Ahead
Hindustan Unilever reports increased consumer spending driven by favorable economic conditions. CEO Priya Nair emphasizes volume-led growth strategy, with rural consumption outpacing urban areas.
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.
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UPMRC Tenders Rs 150 Crore Depot for Lucknow Metro East-West Corridor
The Uttar Pradesh Metro Rail Corporation has floated a tender for constructing an advanced depot at Vasantkunj for Lucknow Metro's East-West corridor. The Rs 150 crore facility will feature modern technology and sustainable systems.
Brokerages Bullish on M&M, Hindalco, Divis Labs, Lenskart, Ashok Leyland
Leading brokerages CLSA, HSBC, Citigroup, Jefferies, and Motilal Oswal have issued positive ratings on key Indian stocks including M&M, Hindalco, Divis Labs, Lenskart, and Ashok Leyland, citing strong growth prospects and improved profitability.
NSE Accounts Cross 25 Crore, 1 Crore Added in 2 Months
The National Stock Exchange of India has achieved a historic milestone with trading accounts exceeding 25 crore, adding one crore accounts in just two months, reflecting robust growth in retail participation.
Shriram Properties Settles Land Dispute with West Bengal Govt
Shriram Properties Limited has amicably resolved a long-standing commercial dispute with the West Bengal government by returning 42 acres of land in Uttarpara, enabling accelerated development of its Kolkata projects.
EPFO Lucknow Urges Employers to Register Under Viksit Bharat Scheme
The Lucknow EPFO office urges eligible establishments to register under the Pradhan Mantri Viksit Bharat Rozgar Yojana, with 4,062 out of 6,728 employers enrolled so far, covering nearly 100,000 workers. Officials highlight compliance gaps affecting benef
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India-US Trade Deal: Amendments Clarify, Textile Benefits Secured
The Indian government clarifies that amendments to the White House fact sheet on the India-US interim trade deal reflect shared understandings. Commerce Minister Piyush Goyal confirms India will receive concessional duty access for garments using American
Luxury Homebuyers Prioritize Utility Over Opulence in India
Indian luxury homebuyers are increasingly prioritizing functional utility over traditional opulence, with factors like adaptable layouts, sustainability, and wellness driving purchasing decisions in 2026.
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.
Bajaj Broking Recommends Tata Power, Manappuram Finance for 2026
Bajaj Broking Research recommends buying Tata Power and Manappuram Finance as top stock picks for February 13, 2026, with a 3-month timeframe. The report also provides insights on Nifty and Bank Nifty outlook amid positive market sentiment.
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Luxury Homebuyers Now Prioritize Utility Over Opulence
Indian luxury homebuyers are shifting from status symbols to functional utility homes. The trend, accelerated by the pandemic, emphasizes ease of living, sustainability, and wellness.
Sebi Orders Analysis of NSDL Tech Glitch Delaying Settlements
Sebi Chairman Tuhin Kanta Pandey announced a root cause analysis of NSDL's recent technical glitch that delayed inter-depository settlements for days. Corrective steps will follow review by Sebi's technical advisory committee.
JNIL Revives Steel Plant Plan in Gadchiroli After 30 Years
Jayaswal Neco Industries Limited signs MoU for a 2 MTPA steel plant in Gadchiroli, investing ₹12,200 crore, marking a return after abandoning the project in the 1990s due to Maoist threats.
PAU Trains 23 Farmers in Medicinal Spice Crop Cultivation
Punjab Agricultural University in Ludhiana has successfully trained 23 farmers in cultivating high-value medicinal and spice crops like turmeric, ginger, and ashwagandha to boost income.
RBI Proposes e-Rupee & UPI for Kisan Credit Cards
The RBI has unveiled draft KCC rules for 2026, introducing CBDC and UPI for farm credit, interest caps for small farmers, and expanded collateral options to boost digital access and safety.
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RBI Tightens Loan Recovery Rules to Protect Borrowers
The Reserve Bank of India has introduced stricter norms for loan recovery, banning harsh practices and requiring banks to resolve complaints before starting repossession. These rules take effect in July 2026.
Kolkata GCC Leasing Up 239% in 2025, IT-BPM Leads Demand
Kolkata's global capability centre leasing surged 239% year-on-year to 0.5 million sqft in 2025, accounting for 30% of total office leasing. IT-BPM sector dominated with 59% share, supported by city's talent pool and cost advantages.
India's Economic Growth: A Global Beacon
India's economy emerges as a global leader with robust growth, driven by reforms and resilience, though challenges like inflation and inequality persist.
Patel Engineering Sets National Record for Navi Mumbai Water Tunnel
Patel Engineering achieves a national tunnelling record by completing 812.466 meters in one month for Cidco's Hetawane dam water supply project in Navi Mumbai, advancing the scheme to double water capacity by 2029.
Telangana RERA Penalizes Builder Rs 43.7 Lakh for Illegal Allotments
TGRERA orders Bhuvanteza Infra to pay Rs 43.7 lakh for allotting units without legal authority in 'Tulasi Lake Front' project, citing statutory violations and unfair trade practices.
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Gujarat Cities Split on Seismic Code, Risking Policy Deadlock
Ahmedabad's strict enforcement of the new seismic building code contrasts with Surat, Vadodara, and Rajkot's adherence to old norms, creating a potential policy deadlock in Gujarat's major cities.
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