BJP becomes the largest party in BMC elections, ending Shiv Sena's 25-year rule. Deputy CM Eknath Shinde's party may play a key role in forming the government, but a compromise may be reached for the mayor's post. Mumbai will soon have a new mayor after a long gap.
India's medical devices sector heavily relies on imports, with 70-80% demand being met through imports. Valued at $15.2 billion, it is expected to reach $50.1 billion by 2030 due to factors like rising income levels, health insurance coverage, and medical tourism. The country ranks fourth in Asia with 800 domestic manufacturers and has seen a rise in private equity and venture capital investments.
Minister Piyush Goyal urges exporters to diversify into new markets, enhance quality, and boost competitiveness to fully utilize trade agreements. He promises global opportunities for traditional medicines and yoga, and protection for agriculture and dairy sectors. FTAs with developed countries, especially the US, have boosted confidence and competitiveness for Indian exporters.
Direct tax collection for the current financial year has surpassed the projected target of 9%, with a growth of 9.4% till February 10. The total collection of Rs 19.43 lakh crore is attributed to a decline in refunds and compliance campaigns, but tax relief measures have caused a slowdown in collections.
Experts caution that the government's revised IT Rules may encounter legal and enforcement hurdles as they lack new penalties. While the changes impose stricter compliance timelines for intermediaries, the only punishment for non-compliance is losing safe harbour protection. The rules also mandate prompt removal of intimate imagery and deepfake content.
The 2nd edition of the D Awards was held at Korea University in Seoul on February 11, 2026. The event was hosted by Myung Jaehyun and Lee Jong Won, with actress Shin Ye Eun. It was broadcasted live on Channel A Plus and delayed on Channel A. The lineup included 16 artists and 21 presenters, with awards given in categories such as "Delight" and "Dream."
India's pulse imports have decreased by 23% in volume and 38% in value due to ample carry-forward stocks and strong domestic crop prospects. The decline in global prices has also played a role. However, there has been an increase in urad imports and a decrease in yellow peas. India imports 18%-20% of its annual pulse consumption and has experienced a drop in imports.
India's decision to import agricultural products from the US has raised concerns among farmers about possible concessions and the removal of non-tariff barriers. Although the government is against importing genetically modified crops, there are fears that this could change in the future. Poultry and dairy farmers support importing feed to meet demand.
Airfares to Colombo have significantly increased due to the upcoming India-Pakistan T20 World Cup match on February 15. Prices have tripled, with business class tickets costing up to Rs 2.25 lakh. The demand is fueled by the intense rivalry between the two countries and the visa-on-arrival facility for Indian travelers. Airlines are strategizing to meet the high demand.
The US has updated its trade deal with India, addressing concerns over concessions made by India. The revised factsheet removes mentions of "certain pulses" and "digital tax" and states that India plans to purchase over $500 billion of US products.
Sebi Chairman Tuhin Kanta Pandey addressed the challenges faced by SMEs in accessing the under-scaled capital market in India, such as limited access to intermediaries and high costs. The regulator is taking steps to make the market more accessible, including reviewing regulations and establishing local offices.
A chartered accountant from Gurgaon, TC Verma, suffered a brain haemorrhage during an audit assignment, drastically changing his life. Despite a stable career and financial comfort, he faced a long recovery journey with little support from his family. He now credits the institution and caregivers for his recovery, sparking a conversation on the fragility of financial security.
The government is releasing a new CPI series tomorrow covering 358 items, including airfares, e-commerce, and OTT channels. The base year is 2024, with data collected from 1,465 rural and 1,395 urban markets. The Ministry of Statistics & Programme Implementation has revised the base years for GDP, IIP, and CPI to improve accuracy and international comparability.
Praveen Iyer, Chief Commercial Officer and co-founder of Akasa Air, has resigned, with co-founder and Chief Information Officer Anand Srinivasan taking over the role from May 1. Iyer will assist with the transition until April 30, 2026. The airline plans to add 12 more aircraft this year and has resumed pilot hiring for expansion.
Indian eyewear company Lenskart Solutions reported a consolidated net profit of Rs 131.02 crore, up 28.19% QoQ and a 38.28% YoY increase in revenue from operations. This is the company's first earning report since its listing in November 2025, where it raised Rs 7,278.01 crore. The company saw a profit before tax in both its India and international segments, with revenue of Rs 1,385.29 crore
Eicher Motors' share price surged 7% on the National Stock Exchange after reporting strong quarterly results. Brokerages have mixed opinions on the stock, with Jefferies raising the target price by 21%, CLSA by 11%, and Citi by 13.5%. However, JM Financial has a 'Reduce' call with a downside of 3.4%. Royal Enfield's domestic business is performing well.
Bangladesh is getting ready for its first national parliamentary election since Sheikh Hasina was ousted as the Prime Minister in August 2024 after massive student-led protests. Since then, the country has been led by interim chief Muhammad Yunus. The past months have been tense, marked by large protests, clashes in several areas, and damage to public property.
India will experience a nationwide strike on February 12, 2026, called by Opposition parties, central trade unions, and farmers' groups. The strike is against the Centre's labour and economic policies, including the India-US interim trade agreement, which could harm farmers' interests. While essential services will remain open, banking, transport, and government operations may be affected.
Mahindra & Mahindra (M&M) reported a 32.62% YoY increase in standalone net profit and a 26.13% YoY increase in revenue from operations. However, there was a 13.03% decline in net profit on a sequential basis. The company's automotive and farm equipment businesses were the key contributors, while an exceptional item loss of Rs 292.94 crore was reported.
The T20 World Cup 2026 sees a thrilling match between West Indies and England at Mumbai's Wankhede Stadium. Both teams have a winning streak, making it a crucial game for group standings. West Indies has an unchanged team, while England has made a strategic change to boost their batting. The Wankhede pitch is known for its batting-friendly conditions, but the short boundaries add to the challenge.
Fractal Analytics IPO priced at Rs 857-900 per share closes today with a muted response and just Rs 7 grey market premium. Analysts have raised concerns about valuation despite 20% subscription so far. However, the company's dynamic management and growth potential make it a long-term investment opportunity. Allotment on Feb 12, listing on Feb 16.
In a corner of the internet often weighed down by culture clashes and family stereotypes, one Instagram video is making people smile. Brittany Grey-Yadav, a Detroit-born founder now living a globe-trotting life, recently shared a moment with her Indian mother-in-law that feels instantly familiar, even across continents.
Samvardhana Motherson International's share price rose by 4.37% to a 52-week high of Rs 135.83 after reporting a 9% increase in net profit for Q3FY26. This triggered interest from brokerage houses, with Motilal Oswal and Nomura reiterating their positive stance on the stock and projecting further upside. Motilal Oswal raised its target price to Rs 148.
Apollo Hospital's Q3FY26 earnings saw a 35% rise in profit and 17% increase in revenue, leading to a 5% surge in share price. The company declared a Rs 10 per share interim dividend. The healthcare services division contributed the most to revenue with a 14% increase, while the pharmacy and digital platforms also showed strong growth.
The White House has quietly changed the wording in its fact sheet on the proposed India-US trade agreement. The update tones down some of the earlier, stronger language and adds clarity on what India may buy from the United States, especially when it comes to energy and farm products.
Eicher Motors share price surged 6% to hit a 52-week high after the company's Q3FY26 net profit came in at Rs 1,430 crore. Consolidated revenue grew 23% YoY, aided by strong volume growth from Royal Enfield and VECV businesses. The Q3 Consolidated EBITDA margin grew 130bp YoY to 25.5%, but VECV's profit share was below expectations. The company is hopeful about high
Britannia Industries shares rose by 4% after the company's Q3FY26 results were announced. Nomura has a Buy rating on the stock with a target price of Rs 7,000, indicating a potential upside of 19.8%. The company saw steady profit growth due to stable input costs and consistent demand for biscuits.
BHEL's share price is in focus as the government plans to sell 5% stake through an OFS, expected to raise Rs 4,422 crore. The issue will be open for non-retail investors on Feb 11 and for retail investors on Feb 12. Q3FY26 results show a 190% jump in net profit and 16.4% increase in revenue.
The Delhi government is launching the ‘Delhi Lakhpati Bitiya Yojana’ on April 1, replacing the Ladli Scheme. It aims to support economically weaker girls by providing financial assistance and education continuity. Beneficiaries will receive Rs 56,000 in phased installments through a structured financial instrument. The scheme will cost Rs 160 crore and benefit two girls per family.
Titan Company's Q3 FY26 results showed a 61% rise in net profit and a 40% growth in revenue, leading to a 52-week high in its shares. Despite a 12% increase in gold prices, the jewellery business remained strong with domestic sales of over Rs 21,000 crore. JM Financial has recommended a 'Buy' with a potential upside of 97%.
England and West Indies set to clash in T20 World Cup 2026 at Mumbai's Wankhede Stadium on Feb 11. Both teams have started with wins and are determined to maintain their strong performance. Fans can anticipate an intense and thrilling match between two talented and in-form squads. Despite initial hurdles, both teams are determined to continue their winning streak in future games.
According to Fox News, at least 25.9 million Americans are confirmed to be affected so far, and officials warn the final number could rise much higher.
Oil India Limited, a state-owned upstream major, saw a 34% decline in net profit for the December quarter due to a drop in crude oil prices. Revenue also decreased by 6.2%. However, its refining arm, Numaligarh Refinery Limited, saw a surge in profit, driven by strong refining margins. Despite the profit contraction, the company declared an interim dividend of ₹7 per share.
Polaris Smart Metering, backed by US private equity firm I Squared Capital, is investing Rs 4,500 crore in India's smart meter market. They plan to double their production capacity by 2027 and enter the battery energy storage business. Polaris is also considering an IPO as they target 20% market share and expand into grid digitalisation and energy storage.
US Trade Representative (USTR) Ambassador Jamieson Greer on Tuesday said India could play a key role in global supply chains as companies look for options beyond China. He described India as a possible “way station” for American supply chains during this shift.
India has started cutting back on buying oil from Russia and is increasing its energy purchases from the United States and other countries, United States Trade Representative (USTR) Jamieson Greer said on Tuesday
Tamilnad Mercantile Bank (TMB) plans to cautiously expand its unsecured loan portfolio through government-sponsored schemes like Mudra loans to protect its net interest margins (NIM). The bank expects NIM to be at 3.90% by 2026-27 and aims for a loan growth of 16-17% and deposit growth of 13% by the end of this financial year. TMB is also focusing on the MSME segment and has allocated Rs
India plans to produce permanent magnets domestically within two years, with a Rs 7,280-crore fund to support local manufacturing for electric vehicles. The government aims to strengthen the EV value chain and make India a global manufacturing hub. Industry leaders expect an increase in EV adoption with the launch of new products, aided by the magnet scheme.
AAI is launching the third round of airport monetization, seeking bids for 11 airports including Varanasi and Amritsar. The government has created five bundles to be leased out on long-term concession through the PPP model, aiming to raise Rs 6,000 crore for expansion. Adani Group is one of the five airport operators vying for the opportunity.
The government has introduced new IT rules to regulate social media platforms like X, Facebook, Instagram, and Telegram. These rules aim to curb the spread of deepfakes and non-consensual imagery by requiring platforms to remove harmful content quickly and label AI-generated content.
Coca-Cola remains dedicated to investing in India despite setbacks, viewing it as a key player in long-term growth. While unit case volumes in India decreased by 6% in the last quarter, the company's executives are confident in investing for future success. On a global scale, Coca-Cola saw a 1% rise in unit case volume and a 2% increase in net revenue.
India's unemployment rate dropped to 4.8% in Q3 of this financial year, per the Ministry of Statistics and Programme Implementation. All segments saw a decrease in unemployment, with a notable rise in women's participation. Rural areas saw more self-employment, while urban sectors had more salaried jobs. Most rural workers were employed.
Maharashtra government approves Rs 6,000 crore fundraising plan for greenfield airport in Pune's Purandar, to be raised through debt with state guarantees. CM Fadnavis announces Special Purpose Vehicle for debt raising, land acquisition to be completed by 2026.
Happiest Minds Technologies reported a 19.56% decrease in net profit due to a one-time charge from new Labour Codes. Revenue increased by 10.69%, with Ebit up by 11.2%. The company announced a new strategic initiative, 'AI First', to expand market share.
Shiv Sehgal, President & Head of Nuvama Capital Markets, believes that the recent STT hike will not greatly affect the market and it will adapt to the change. He predicts India to be a strong market in the next 12-18 months. Sehgal also discusses the effects of the STT hike on high-frequency traders and expects some impact, but not significant.
In December 2025, Bharti Airtel surpassed Reliance Jio in net subscriber additions, adding 5.43 million compared to Jio's 2.96 million. Vodafone Idea saw a decrease in subscriber loss, while BSNL reported a loss after three months of additions. Airtel also outpaced Jio in 5G FWA customer additions. Overall, the mobile subscriber base in India grew by 8.21 million, with Airtel's
Indigo assures stable operations as relaxations from FDTL norms end, following disruptions in December due to crew shortages and management deficiencies. The airline has an optimum pool of employees and has integrated revised duty norms into crew rosters and planning.
The demand for ETFs based on gold and silver has risen due to the surge in their prices. In January, gold ETFs saw record inflows of Rs 24,040 crore, surpassing equities for the first time. Equities, on the other hand, experienced a decline in inflows for the second month in a row.
CNH India, a manufacturer of agricultural and construction equipment, is restarting tractor exports to the US after a 2-month pause due to a 50% duty. They will also increase exports and import higher-end tractors under the India-US FTA. The EU FTA will also boost exports and bring advanced technology to Indian farmers.
VIP Industries' mass-market brand, Skybags, has joined forces with Chennai Super Kings (CSK) to enter the sports category. They will be the Official Luggage Partner for the IPL 2026 season and will release a range of CSK licensed products.
