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India’s forex surges by $8.663 billion to reach all-time high of $725.727 billion

Feb 20, 2026

Mumbai, Feb 20 (IANS) India's foreign exchange reserves increased by $8.663 billion to an all-time high of $725.727 billion in the week ended February 13, according to data released by the Reserve Bank of India (RBI) on Friday.Foreign exchange reserves had declined by $6.711 billion in the previous week due to a fall in gold prices.According to RBI…

EU, US trade pacts to help India’s growth momentum sustain for a longer period: RBI

Feb 20, 2026

New Delhi, Feb 20 (IANS) The Indian economy continues to register high growth despite a challenging external environment clouded by geo-political uncertainties, the latest RBI Bulletin said on Friday, adding that the recent trade agreements…

Business

Govt likely to discontinue cash payments at National Highways from April 1

Feb 20, 2026

New Delhi, Feb 20 (IANS) The government on Friday said that the NHAI is contemplating to completely discontinue cash transactions at the National Highway fee plazas across the country from April 1, 2026.The move will develop a fully digital…

Business

India leads global ChatGPT use for coding, data analysis: OpenAI

Feb 20, 2026

New Delhi, Feb 20 (IANS) US-based OpenAI on Friday said that India’s use of ChatGPT for technical tasks surpassed the global medians, with data analysis about four times the global average and Codex use for coding roughly three times…

Business

PLI scheme investments cross Rs 2.16 lakh crore, over 14.39 lakh jobs created

Feb 20, 2026

New Delhi, Feb 20 (IANS) The Centre’s Production Linked Incentive (PLI) Scheme has succeeded in attracting investments of over ₹2.16 lakh crore in the manufacturing sector and created more than 14.39 lakh direct and indirect jobs as on…

Business

Nifty, Sensex post strong gains led by metals, PSU banks

Feb 20, 2026

Mumbai, Feb 20 (IANS) The Indian equity benchmarks posted strong gains on Friday, led by gains in metals and PSU bank stocks.At the closing bell, Sensex gained 316 points, or 0.38 per cent to settle at 82,814. Nifty added 116 points, or…

Business

India’s passenger vehicle sales surge, likely to expand 5–7 pc in FY26

Feb 20, 2026

New Delhi, Feb 20 (IANS) Passenger vehicle retail sales rose 7 per cent in January (year-on-year) in India, while wholesale volumes rose 12 per cent to 4.5 lakh units, a report said on Friday.The report from ICRA said wholesale dispatches…

Business

Gujarat signs MoU for 250 MW green AI-ready data centre at Dholera SIR

Feb 20, 2026

New Delhi/Gandhinagar, Feb 20 (IANS) Gujarat has taken a significant step towards becoming a leading hub for artificial intelligence (AI) and digital infrastructure with the signing of a memorandum of understanding (MoU) for a 250 MW green…

Business

Outlook for Indian textile industry increasingly favourable amid key FTAs: Govt officials

Feb 20, 2026

New Delhi, Feb 20 (IANS) After a year marked by resilience amid global headwinds, the outlook for the Indian textile industry is increasingly favourable, a senior government official has said, adding that key Free Trade Agreements (FTAs),…

Business

India, Japan technology ties to play key role in shaping digital future

Feb 20, 2026

New Delhi, Feb 20 (IANS) The growing technological ties between India and Japan in the electronics hardware sector have emerged as a new factor in cementing the strong economic and strategic relations between the world’s largest democracy…