New Delhi: India’s cumulative exports, including merchandise and services, reached an estimated US$ 720.76 billion during April-January 2025-26, registering a 6.15% growth compared to US$ 679.02 billion in the same period last year. According to official trade data released on Monday, total imports during the period stood at US$ 823.41…
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Anthropic India Revenue Doubles, Enterprises Drive AI Push
New Delhi: Artificial intelligence firm Anthropic has reported that its India revenue run rate has doubled since it formally expanded into the country in October 2025. The sharp growth highlights India’s rapidly maturing AI ecosystem, with enterprises playing a crucial role in driving last-mile adoption of advanced AI tools. Irina…
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CCPA Fines Snapdeal ₹5 Lakh Over Non-BIS Toys
New Delhi: The Central Consumer Protection Authority (CCPA) has imposed a ₹5 lakh penalty on Snapdeal for facilitating the sale of toys that did not comply with mandatory Bureau of Indian Standards (BIS) norms under the Toys (Quality Control) Order, 2020. The action follows a suo motu investigation by the…
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Amit Shah to Chair Manthan Meet in Gandhinagar
New Delhi/Gandhinagar: Union Home and Cooperation Minister Shri Amit Shah will chair a high-level “Manthan” Meeting of Cooperation Ministers from States and Union Territories on February 17, 2026, at Mahatma Mandir in Gandhinagar, Gujarat. The meeting aims to accelerate reforms in the cooperative sector and strengthen its role in driving…
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Infosys AI Roadmap in Focus at Investor Day
Bengaluru: Infosys is set to outline its medium- to long-term artificial intelligence growth roadmap at its Investor Day on February 17, as investors seek clarity on how generative AI will translate into sustainable revenues and margins for India’s IT majors. The meeting comes at a critical juncture for the sector,…
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Sensex Jumps 650 Points, Nifty Near 25,700
Indian equity markets staged a sharp recovery on Monday, with the Sensex surging over 650 points to close at 83,277 and the Nifty 50 ending near 25,700. The rebound snapped a three-day losing streak and saw benchmarks recover more than 1,000 points from the day’s low, driven primarily by gains…
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Kutumb Launches Polo, Enters Gay Dating Market
Bengaluru: Tiger Global-backed social platform Kutumb has quietly stepped into India’s LGBTQ+ dating space with the launch of Polo, a dedicated gay dating application now available on the Google Play Store. The move marks a significant diversification for the Bengaluru-based company as it expands beyond its core community-first social networking…
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HAMMER Weapon System: BEL–Safran JV Explained
In a significant boost to India’s defence indigenisation drive, Bharat Electronics Limited (BEL) has approved a joint venture with France’s Safran Electronics & Defence to manufacture and support the HAMMER weapon system in India. The 50:50 partnership is being positioned as a major step under the Make in India initiative…
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RBI Restores Default Loss Guarantees for NBFCs
Mumbai: In a significant relief to non-banking finance companies (NBFCs), the Reserve Bank of India (RBI) has restored the recognition of default loss guarantees (DLGs) in loan provisioning, reversing its earlier restrictive stance. The move is expected to strengthen digital lending partnerships and support broader credit expansion. Under the revised…
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Odisha Rooftop Explosion in Bhubaneswar Kills 2
Bhubaneswar: A powerful explosion on the rooftop of a house in Odisha’s capital has left two people dead and two others critically injured, triggering a major police investigation into suspected bomb-making activity. Blast in Sundarpada Area The incident occurred on January 27 at around 2:45 pm in the Sundarpada locality…