Business
Top stocks to buy today: Stock market recommendations for February 17, 2026 – check list
Top stocks to buy (AI image) Stock market recommendations: NTPC, Power Finance Corporation, and Union Bank of India are the top stock picks by Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan for February 17, 2026. Let’s take a look:NTPC – Buy in the range between Rs 368 & Rs 369;…
‘Only quotas offered in most farm goods for US duty cuts’
India-US Trade Deal: US President Donald Trump and Prime Minister Narendra Modi NEW DELHI: As an Indian team heads to Washington to finalise the legal text for the interim trade agreement, which is sought to be signed by March, officials on Monday said that govt had offered quotas in most agricultural goods, where duty is…
Cash in circulation rises 11% to record Rs 40 lakh crore
MUMBAI: Currency in circulation (CiC) touched a record Rs 40 lakh crore in Jan, rising 11.1% year-on-year, even as its share in the economy declined. The cash-to-GDP ratio eased to around 11.2%, down sharply from the pandemic peak of 14.4% in March 2021, signalling digital payments are financing a growing share of economic activity despite…
Gold, silver imports push trade deficit to 3-month high
NEW DELHI: Trade deficit widened to a three-month high of $34.6 billion in Jan as gold and silver shipments pushed up the import bill, while exports remained flat on a sharp fall in goods consignments to the US.India’s imports rose 19.1%, the highest since last April, to $71.2 billion – the second highest for any…
MG Motor charts Rs 4,000 crore India charge
CHENNAI: JSW MG Motor India, the joint venture between JSW Group and China’s SAIC Motor, is gearing up for a decisive expansion in India with a planned investment of Rs 3,000 to Rs 4,000 crore and an aggressive product offensive lined up for 2026. The country’s second-largest electric car maker by volume is sharpening its…
RIL, banks lift Sensex even as FPIs sell
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…
Torrent Power buys L&T’s Punjab plant in Rs 7,000 crore deal
MUMBAI: Torrent Power is buying L&T’s coal-fired power plant in Punjab in a Rs 6,889-crore enterprise value deal, marking its entry into northern India’s fast-growing power market. The acquisition includes Rs 3,661 crore in upfront cash, while Torrent will also take on Rs 3,228 crore of Nabha Power’s debt.Nabha Power runs a 1,400MW thermal plant…
Rupee settles 8p lower at 90.74 against dollar
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…
India’s exports to US drop 22% due to Trump’s 50% tariffs; overall trade data suggests signs of resilient market diversification
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…
