Business

PhonePe IPO at $15 billion: Can the marquee valuation trigger a re-rating for its rival Paytm?

PhonePes proposed IPO at a $1315 billion valuation could become a landmark fintech listing in India and may trigger a valuation re-rating for Pay

Telangana Govt to expand Genome Valleys 4th phase in 100 acres: Minister Sridhar Babu

The fourth phase of the Genome Valley will be developed with state of the art infrastructure facilities

Indias next big power move is set to unfold in the Bay of Bengal

India's ambitious Great Nicobar infrastructure project has received a green light. This mega project, centered around a new transshipment port, a

Infosys-Anthropic deal sparks fresh debate: Is AI now an opportunity, not a threat, for Indian IT?

Infosys shares jumped up to 5% after announcing a strategic AI collaboration with Anthropic, easing fears that next-gen AI could disrupt Indian I

Every second smallcap stock trading 40% below all-time high levels. Right time to buy for long term?

Nearly half of Indias smallcap stocks trade over forty percent below peaks after a sharp correction, says Abakkus Mutual Fund. Despite volatility

Gold price today: Yellow metal slips; check 24K city-wise rates in Delhi, Mumbai & more

Gold prices saw a dip of over 1% in futures trade Tuesday, influenced by easing safe-haven demand, improved geopolitical sentiment, and a stronge

India needs to embrace new tech, AI can save 20,000 cr in cargo handling: EAC-PM member

Speaking at session 'AI-Powered Ports: Reimagining Efficiency and Operations' at the AI Impact Summit here, Vallabh said India is emerging as a g

IIFL Finance bonds base issue of 500 crore fully subscribed

The public issue, which opened earlier on Tuesday, has a base issue size of 500 crore with a green-shoe option to retain oversubscription up to 1

Aequs to invest 1,900 crore in Tamil Nadu aerospace hub; engine manufacturing to drive long-term margin expansion: CEO

Aerospace firm Aequs is investing 1,900 crore in Tamil Nadu over ten years. This move focuses on advanced engine manufacturing, a high-margin seg

India's MF industry profile: Rs 81.01 lakh crore AUM in January, up 20.5%

India's mutual fund industry experienced robust growth in early 2026, with total assets under management reaching Rs 81.01 lakh crore, a 20.5% in

Adani Group's AI boost! Plans to pour in $100 billion in data centres by next decade

Adani Group is launching a massive $100 billion initiative to build AI-ready data centers powered by renewable energy across India by 2035. This

GIFT City IFSC set for 1st IPO as XED files RHP with ROC

The IPO will be open to global investors, including NRIs, foreign portfolio investors, institutional investors, and other permitted overseas part

Indian solar equipment makers plan 30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate

A new government rule, taking effect this June, aims to cut India's reliance on Chinese imports by mandating that solar cells for government-supp

Will Bill Gates attend AI Impact Summit? Conflicting claims emerge

Govt sources say Bill Gates will not be attending the Summit while his foundation maintains that he will deliver his keynote as scheduled

Kwality Wall shares slide 5% after tepid Monday debut; plunges 30% in two sessions

Kwality Walls shares fell sharply on Tuesday, extending their post-listing slide to 30% after a weak debut. The stock faced heavy selling despite

India's Adani to invest $100 billion in AI data centers over the next decade

The blockbuster investment comes as India pushes to gain a stronger foothold in the global artificial intelligence race. India's Adani to invest

Treasury yields move lower as investors look ahead to more delayed data

U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week. T

Global Markets | European shares steady as geopolitical uncertainty dominates mood

European shares were steady on Tuesday, echoing a cautious tone in global markets as key bilateral talks between the U.S. and Iran were underway,

Sterling falls as UK unemployment hits highest rate in five years

European stocks opened higher on Tuesday as investors keep an eye on earnings. Sterling falls as UK unemployment hits highest rate in five years

West Bengal expected to witness record potato production of 140-150 lakh tonnes for 2025-26, highest in last five years

The West Bengal government has directed cold storage owners to open their cold storages from March 1, when loading of potatoes will commence

Indias job market will see a hockey stick trend in 3 years in the AI age: Prosus India

Anxiety over this overkill phase surfaced during consultations, with participants asking probing questions about significant job displacement

Opportunity in disguise: IT stocks meltdown on AI scare overdone? Every time theres been a tech shift

The brutal selloff in Indian technology stocks has been particularly noticeable across Asia, where the regions strong hardware manufacturing base

Financial DNA: Why your credit score is the new social currency

At the Mint Money Festival 2026, CRIF Highmarks Ramkumar Rajashekaran explained how credit scores now influence everythingfrom loans and insuranc

Indias solar manufacturing boom turns into a structural glut

13-fold capacity surge since 2020 leaves plants running at just 40% utilisation

Global Markets | Japan's Nikkei slips as post-earnings and election momentum fade

Japan's Nikkei share average fell on Tuesday as investors booked profits amid few fresh trading cues, while the post-election euphoria was ebbing

Adani stocks rise up to 3% after group announces $100 billion AI-energy investment plan

Adani Group stocks rose sharply after the conglomerate announced a $100 billion plan to build renewable-powered, AI-ready data centres by 2035. T

Cash craze: Currency in circulation touches record Rs 40 lakh crore

The amount of cash circulating in the economy has hit an all-time peak of Rs 40 lakh crore in January, after rising 11.1% year-on-year. Yet, inte

Economics will give way to politics and security in how nations make choices, Jaishankar says

Jaishankar said the world is witnessing the weaponisation of production, finance, leveraging of market shares and tightening of export controls

Infosys share soars 4% today! What's driving the stock price after major IT stocks selloff

Infosys shares rose after announcing a collaboration with Anthropic. The partnership aims to build advanced AI solutions for businesses. This all

Bengaluru airport ships over 60 million roses this Valentine's season

Bengaluru's Kempegowda International Airport saw a massive surge in rose exports for Valentine's Day. Over 60 million rose stems were shipped glo

Hindalco, NALCO downgraded to reduce by InCred Equities. Here are 3 reasons why

Hindalco and National Aluminium Company shares fell Tuesday. A brokerage firm downgraded both companies. They cited weak growth prospects for the

Infosys-Anthropic tie-up signals AI growth opportunities, not market disruption: Sumit Pokharna

Infosys and Anthropic's AI partnership is generating buzz. Experts caution investors to look beyond the hype and focus on fundamental value. Larg

AI disruption in IT: Nilesh Shah says its too early to panic; also India's earnings are finally turning

Nilesh Shah of Kotak AMC believes artificial intelligence will transform India's IT sector gradually. He advises retail investors to let experts

Infosys shares surge 4% on partnership with Anthropic

Infosys, a leading player in the Indian IT sector, has announced a strategic partnership with Anthropic. The announcement comes amid fears of AI-

FMCG sector poised for strong growth in FY27: Abneesh Roy

India's fast-moving consumer goods sector is recovering well. Experts see continued growth, with rural areas leading. Companies are aiming for mo

India engaging global partners more intensively, says EAM S Jaishankar; cites recent trade deals

India is actively engaging with global partners from a strong stance. Recent trade agreements highlight this enhanced international cooperation.

Adani to invest $100 billion in AI data centres by 2035

The company said this investment will also catalyse an additional $150 billion across server manufacturing, cloud platforms, and supporting indus

Much lower than Japan, China: Fares of Vande Bharat chair car Rs 2.19 per kilometre; global range at Rs 7-20

Vande Bharat train services currently operate across 82 routes, running a total of 164 services. According to the minister, these trains function

Sensex, Nifty gain after early dip, IT stocks Infosys, Wipro, HCL lead market recovery

Gains in IT stocks were driven by a combination of global optimism and domestic triggers, including momentum from discussions around artificial i

Replacing Russian crude with US, Venezuela & Middle East to increase average cost of oil by $1.5-2/BBL

Indian Oil Marketing Companies (OMCs) have navigated a highly volatile margin environment over the past three fiscal years, marked by sharp fluct

State targets sharper fiscal consolidation; deficit to fall to 3% of GSDP in 2026-27

In the forthcoming years, Fiscal Deficit to GSDP ratio is projected to be 2.89% in 2027-28 and 2.80% in 2028-29, which are within the targets fix

Unique Picks: 7 stocks held by a single MF scheme in January; fall up to 55% in a year

Seven exclusive MF-held stocks fell up to 55% in a year, while four outliers gained up to 125%, ETMarkets analysis shows.

GIFT City allows Indians to build global portfolios: Sandeep Batra

Within GIFT City, investors can open multi-currency accounts and access outbound funds for investing in the US, Nasdaq, or emerging markets, says

NGT clears Great Nicobar infrastructure project, says adequate safeguards provided

The National Green Tribunal has approved the Great Nicobar Island International Container Transhipment Terminal. The tribunal found that environm

Should you sell gold, silver now? After massive rally, experts say cash out gains Here's why

DCM Shriram Industries demerger entities debut on bourses

Early trading trends suggest investors are still calibrating expectations for the independent entities, with pricing likely to stabilise as liqui

Emergency fund vs health insurance: What should you really rely on?

At the Mint Money Festival, insurance experts unpack why health policies trigger so many complaints, whether an emergency fund can replace cover,

Groww, Dixon Tech among 10 stocks that Motilal Oswal is bullish on. Do you own any?

Motilal Oswal has included Growws parent company (Billionbrains Garage Ventures) and Dixon Technologies among its bullish stock ideas in its late

Mint Explainer | Is quick commerce forcing legacy FMCG players to rethink growth?

Quick commerce is moving from a niche, high-value, convenience channel to a daily shopping feature. Legacy FMCG companies are taking notice.

Infosys stock rises over 3 pc after strategic tie-up with Anthropic

NEW DELHI, Feb 17: Shares of IT major Infosys rose more than 3 per cent on Tuesday after the company said it has entered into a strategic collabo

Telangana is on a journey to become global hub for integrated life sciences: Chief Minister Revanth Reddy

The 23rd edition of BioAsia 2026 begins with a focus on TechBio

Who is Darpan Jain, Indias chief negotiator for US trade talks?

In an important diplomatic move, Darpan Jain, a senior IAS officer, will spearhead India's delegation in Washington next week. This visit will fo

Gaudium IVF and Women Health's Rs 165 cr public issue to open on Feb 20; 1st IPO in fertility care sector

Gaudium IVF has set its IPO price band at Rs 75-79 per share, aiming to raise Rs 165 crore and valuing the company at Rs 575 crore. The fertility

Why are gold, silver prices falling today? Will it fall further?

The decline comes after a strong rally earlier in the year, with traders increasingly booking profits and reacting to quieter trading conditions

Naturals eyes 2028 IPO if Reliance stake talks fail

Talks, first announced in late 2022, stalled after Reliance sought a 51% stake, while Naturals was prepared to sell only 49%, so as to retain con

Bitcoin trades near $68,400, Ethereum below $2,000 as mild profit-taking follows weekend rally

Bitcoin trades around $68,355 after touching $70,000. Ethereum also saw a slight dip. Major altcoins like XRP and BNB showed gains, while Dogecoi

S&P 500, Nasdaq futures decline ahead of US return: Markets wrap

Contracts for the S&P 500 dropped 0.4% and those for the Nasdaq 100 Index slipped 0.7% in a sign of risk aversion before the US returned Tuesday

TN Interim Budget: State to rollout shipbuilding policy soon, says Thangam Thennarasu

5,200-crore Thoothukudi cluster, 30,000-crore investment MoUs signal major maritime push He presented the Interim Budget Estimates for 2026-27 to

Anthropic's revenue run-rate doubled in India in 4 months, says CEO Amodei

Anthropics revenue run-rate in India has doubled in four months, chief executive officer Dario Amodei said on Monday

Next trillion dollars of Indias mcap could create more wealth than the last: Raamdeo Agrawal

The next trillion dollars of Indias market capitalization could create more wealth than the last, Raamdeo Agrawal, co-founder of Motilal Oswal Fi

Gold price prediction today: Will gold and silver rates continue to go down?

Gold price prediction today: Gold prices may trade with a bearish bias, and the silver market is very tight, according to Praveen Singh, Senior F

CleanMax's 3,100cr IPO opens soon: Check price band, key dates

CleanMax Enviro Energy Solutions, a Brookfield-backed renewable energy firm, has fixed the price band for its upcoming initial public offering (I

Ola Electric shares plunge another 5% to hit all-time low after Citi downgrades stock

Shares of Ola Electric Mobility hit a fresh 52-week low after Citi downgraded the stock to Sell and cut its target price by 51%. As reported by E

NHAI accepts NHIT's Rs 6,221 cr offer to monetise two highway assets

National Highways Authority of India has accepted an offer of over Rs 6,200 crore from National Highways Infra Trust. This deal monetises two hig

Clean Max Enviro Energy Solutions IPO: Price band fixed at Rs 1,000Rs 1,053; all you need to know

CleanMax Enviro Energy Solutions is set to launch its Rs 3,100 crore IPO. The subscription period will be from February 23 to February 25. The co

Stock markets erase early losses on buying in Infosys, ITC

Sensex dropped to 82,987.43 and Nifty declined to 25,570.30

India bonds consolidate, demand for mega state debt sale eyed

Indian government bonds remained largely flat as market participants awaited a significant debt supply from states. Despite a slight decline in t

Asian stocks today: Nikkei sheds 480 points, Markets mostly remain shut for Lunar New Year Holiday

Asian markets dipped Tuesday as Lunar New Year holidays kept trading subdued. Weak economic data and a significant drop in SoftBank shares dampen

JGB yields slip in holiday-thinned trade

Japanese government bond yields dropped significantly on Tuesday. Trading was light due to Lunar New Year holidays in several Asian markets. Supe

NHAI accepts NHIT's 6,221 crore offer to monetise two highway assets

Asset monetisation has emerged as a strategic tool in NHAIs efforts to unlock the value of existing assets and attract private sector investment

Kerala clinches investments worth 1.18 lakh croreat Davos, says CM

Pinarayi Vijayan addresses 6th session of CII Southern Region Council in Thiruvananthapuram

We have a lot of conviction in small & mid caps, says Vaiibhavv Chugh of Abakkus Mutual Fund

The fund house's CEO speaks about a slew of topics ranging from the fund house's investing philosophy, expectations from small caps in 2026, why

IT stocks oversold, capital markets remain a structural story: Nitin Raheja

Nitin Raheja of Julius Baer believes the IT sector selloff is overdone, with AI disruption unfolding gradually. He sees strong cash flows enablin

Dinesh Kumar Khara says RBIs new guidelines balance customer protection and growth

New RBI regulations will significantly alter how banks sell financial products, fund acquisitions, and lend to market intermediaries. Former SBI

Weather extremes continue to hit saffron production despite revival push in J&K

Agriculture experts say saffron is highly climate-sensitive, particularly during the flowering window, when untimely rain, drought-like condition

US Market | Disruption vs Returns: The tug-of-war driving AI market volatility

Global markets are experiencing turbulence as investors weigh the immense potential of AI against the massive costs of its development. While AI'

IT stocks attempt to get back on their feet. What Nomura, UBS and Citi are saying

Information technology stocks rebounded after a steep two-week selloff, with Infosys, TCS and Wipro rising up to 3%. Investor concerns over AI-dr

Indian Coast Guard seizes three Iran-linked US-sanctioned tankers

The three vessels were intercepted about 100 nautical miles west of Mumbai

Rupee rises 1 paisa to 90.73 against U.S. dollar in early trade

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.23% higher at 97.14

US Stocks Today | Big tech faces valuation reset as AI spending scrutiny rises

US tech giants are facing a sharp valuation reset in 2026 as investors question whether massive AI spending can deliver adequate returns. Stocks

Irish watchdog opens EU data probe into Grok sexual AI imagery

The large-scale inquiry relates to potential breaches of the bloc's General Data Protection Regulation (GDPR), said a statement by Ireland's Data

Infosys shares rise 3% on collaboration with Anthropic. Heres what Salil Parekh said

Infosys shares rose on Tuesday after the IT major announced a strategic partnership with AI firm Anthropic to build enterprise-ready AI solutions

Rupee rises 1 paisa to 90.73 against US dollar in early trade

Mumbai, Feb 17 (PTI) The rupee rose by 1 paisa to 90.73 against the US dollar in early trade on Tuesday, aided by a fall in global crude oil pric

SBIs 70% rally narrows valuation gap with HDFC Bank, ICICI buy, hold or book profits?

State Bank of India's (SBI) stock has surged nearly 70% in the past year, narrowing its valuation gap with private sector giants like HDFC Bank a

Sensex down 230 pts, Nifty loses 100 pts in early trade as markets open on cautious note amid US-Iran tensions

The broader market indices on the NSE also showed weakness. The Nifty 100 index declined by 0.26 per cent, while the Nifty Midcap 100 fell by 0.1

Global Market | Asias bond rally continues as global funds hunt for stability

Foreign inflows into Asian local currency bonds remained steady in January, marking a fourth straight month of buying as improving growth prospec

Salon chain Naturals eyeing 2028 IPO if Reliance stake talks fail, says executive

Naturals, a leading Indian salon chain, continues discussions with Reliance for a stake sale. Talks have slowed due to disagreements on deal stru

Earnings recovery to support markets in FY27; private capex, manufacturing top bets: Dikshit Mittal

Indian stock markets are poised for a stronger performance in the upcoming financial year. Corporate earnings are expected to accelerate, support

Silver prices decline Rs 4,700/kg, gold extends fall on firm US dollar, thin volumes. What should investors do?

Gold and silver futures fell on MCX amid weak global cues, thin Lunar New Year trade and a stronger U.S. dollar. April gold dropped 0.8% to Rs 1,

Sensex falls over 200 pts, Nifty tests 25,700 as metal, auto stocks lead decline; IT bucks trend

Indian benchmark indices Nifty and Sensex opened lower on Tuesday, impacted by declines in metal and auto stocks. The IT index, however, showed s