The Times of India
Elections 2026Business / The Times of India
Prime Minister Modi inaugurated Micron Technology's semiconductor facility in Sanand, Gujarat, marking India's significant stride into hardware manufacturing. This US collaboration underscores India's growing global role in the semiconductor value chain, positioning the nation as a competitive and reliable investment destination. The ATMP plant signifies a new era for India's technological prowess.
Several flights to the Middle East have been cancelled already. The Civil Aviation Minister conducted a detailed review of preparedness and response arrangements in coordination with all relevant stakeholders.
Customers visiting Indian bank branches in March 2026 should check holiday schedules as many will be closed for national and state-specific festivals like Holi. Branches will also be shut on the second and fourth Saturdays. Digital banking services will remain operational for essential transactions.
Indian stock markets will observe closures on March 3rd for Holi, March 26th for Shri Ram Navami, and March 31st for Shri Mahavir Jayanti. Investors should note these public holidays to effectively plan their trading activities and capitalize on market opportunities throughout the month.
OpenAI will deploy its AI models on the Department of War's classified network. This follows an agreement on safety principles. Meanwhile, OpenAI and Amazon have formed a major partnership. Amazon will invest $50 billion in OpenAI. This collaboration aims to accelerate AI innovation. The developments occur amidst US President Donald Trump's ban on Anthropic.
AI firm Anthropic is suing the Pentagon after President Trump ordered a ban on its technology, citing national security risks. Trump labelled the company 'Leftwing nut jobs', accusing them of jeopardizing American lives. Anthropic defends its safeguards against mass surveillance and autonomous weapons, leading to a contract dispute and a split in Silicon Valley.
Trump Media & Technology Group plans to spin off its Truth Social platform into a separate publicly traded company. This move would separate its social media business from its fusion energy venture, which is merging with TAE Technologies. The company reported a widened net loss in 2025, despite increased financial assets.
At 7.8%, Third Qtr Growth Dips But Still Robust
The Central Bank of the UAE has launched the world's first sovereign financial cloud services infrastructure, a secure, AI-powered digital backbone for its financial sector. Developed with Core42, this initiative ensures national control over data, integrates advanced AI for enhanced operations and offers unified multi-cloud management, positioning the UAE as a leader in secure digital finance.
At 80, Silicon Valley pioneer Kanwal Rekhi shares his inspiring journey in 'The Ground Breaker'. From humble beginnings in India to becoming the first Indian-American founder to take a venture-backed company public on NASDAQ, Rekhi's memoir details his rise and lifelong mission. He now mentors thousands, investing in startups and fostering entrepreneurial growth globally through TiE.
Zomato founder Deepinder Goyal's new health tech venture, Temple, has secured $54 million in its first funding round from friends and family, valuing the company at approximately $190 million. The startup is developing a wearable device for elite athletes and is actively recruiting individuals with a strong commitment to fitness and scientific expertise.
Indian investors are facing regulatory action for not following Foreign Exchange Management Act rules when buying foreign property. Recent enforcement actions highlight the need for careful adherence to Liberalised Remittance Scheme limits and authorized banking channels. Failure to comply can lead to attachment of Indian assets and penalties under the Black Money Act.
What does the GDP data tell you about the Indian economy? When will India become the third largest economy? Whats changed in the new GDP series and why is it important? We take a look:
Chief Economic Advisor V. Anantha Nageswaran has expressed confidence of above 7% GDP growth potential of the economy. India is on path to become the worlds third largest economy by the end of this decade - third only to the US and China.
Indias economy grew at 7.8% in the OctoberDecember quarter of 2025-26, compared with 7.4% in the corresponding period a year earlier, according to the revised national accounts series.
Gold price prediction today: Gold rates are showing a positive bias, says Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities. Here is his detailed analysis on the intraday trading outlook:
Piyush Goyals comments assume significance after the US Supreme Court ruled that Donald Trump administration's reciprocal tariffs are illegal. Soon after, Trump signed an executive order to impose a 10% global tariff on Americas trading partners.
Delhi High Court has stayed the income tax departments directive requiring Dubai-based businessman Rajiv Saxena, extradited to India in January 2019 in connection with the AgustaWestland case, to furnish information on his foreign assets.
Analysts are of the view that the stock market is likely to move within a narrow range amid mixed global signals, with stock-specific trends expected to dominate trading.
Stock market recommendations: Bajaj Broking Research recommends Colgate-Palmolive (India), and Varun Beverages as the top stocks to buy on February 27, 2026. The brokerage shares a detailed outlook on Nifty and Bank Nifty:
Smartphones, led by Apple's iPhone, became India's top export in 2025, surpassing automotive diesel fuel with $30.1 billion in shipments. This surge, driven by policy support and local manufacturing scale-up, saw iPhones account for nearly three-quarters of total smartphone exports. The US remained India's largest export market.
Indian auto component firms are boosting investments and acquisitions. Free trade agreements are opening new export markets, particularly for US and European destinations. Companies like Tenneco India and Valeo are expanding their presence. This positions India as a competitive manufacturing and export hub for global automakers seeking diversified supply chains.
Eleven Indian Americans have been celebrated on Forbes' America's Greatest Innovators list, highlighting their transformative contributions across technology, biotech and infrastructure. These leaders, from AI pioneers to gene therapy developers, underscore the vital role of immigrant talent in shaping America's technological and economic future, inspiring a new generation of innovators.

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