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Sensex, Nifty post moderate gains as IT stocks plunge over ‘SaaSpocalypse’

Feb 4, 2026

Mumbai, Feb 4 (IANS) The Indian equity markets posted moderate gains on Wednesday morning with broad-based gains across sectors, weighed down by losses in IT stocks due to AI-driven ‘SaaSpocalypse’.The Indian IT stocks plummeted tracking negative Wall Street cues over steeper competition and lower margins, stemming from AI advancement, after the…

S. Korea’s EV exports to US plunge nearly 90 pc in 2025

Feb 4, 2026

Seoul, Feb 4 (IANS) South Korea's electric vehicle (EV) exports to the United States plunged nearly 90 per cent last year, hit by Washington's auto tariffs and the rollback of subsidies under the administration of US President Donald Trump,…

Business

S. Korea’s foreign reserves fall for 2nd month in Jan: BOK

Feb 4, 2026

Seoul, Feb 4 (IANS) South Korea's foreign reserves fell for the second consecutive month in January amid government efforts to stabilise the foreign exchange market, the central bank said on Wednesday.South Korea ranked as the world's…

Business

Visakhapatnam Steel Plant back on path of profitability, says CMD

Feb 4, 2026

Amaravati, Feb 4 (IANS) Public sector enterprise Visakhapatnam Steel Plant is back on the path to profitability with the support of the Central and Andhra Pradesh governments, officials informed Chief Minister N. Chandrababu Naidu on…

Business

India doubles down on exploration, mining of rare earths

Feb 4, 2026

New Delhi, Feb 4 (IANS) The Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of DAE, is carrying out exploration and augmentation of minerals of rare earth group elements along the coastal and inland placer…

Business

‘Can’t play with right to privacy’: SC flags concerns over WhatsApp privacy…

Feb 3, 2026

New Delhi, Feb 3 (IANS) The Supreme Court on Tuesday expressed serious concern over WhatsApp’s 2021 privacy policy and the sharing of user data by its parent company Meta Platforms, observing that the platform cannot be allowed to "play…

Business

Over 26 lakh households benefit under PM Surya Ghar: Muft Bijli Yojana

Feb 3, 2026

New Delhi, Feb 3 (IANS) A total of 20,85,514 rooftop solar systems have been installed across the country, benefiting 26,14,446 households, since the launch of PM Surya Ghar: Muft Bijli Yojana in February 2024, the government said on…

Business

Haven’t heard anything from Delhi: Putin’s top aide on India halting purchase of Russian…

Feb 3, 2026

Moscow, Feb 3 (IANS) Kremlin spokesperson Dmitry Peskov on Tuesday said that Moscow has not yet received any messages from New Delhi about refusing Russian oil supplies."We haven't heard any statements from Delhi on this matter yet,"…

Business

16th Finance Commission to rebalance state finances, improve fiscal transparency: Report

Feb 3, 2026

New Delhi, Feb 3 (IANS) The 16th Finance Commission’s (FC) recommendations represent a decisive shift towards incentivising economic efficiency, strengthening local governance, improving fiscal transparency and reinforcing debt…

Business

Lubricant maker Castrol India logs 10 pc decline in Q3 net profit

Feb 3, 2026

Mumbai, Feb 3 (IANS) Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the third quarter of the current financial year (Q3 FY26), even as the company posted its highest quarterly revenue in the last two…

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