India Financial News
28.02 / 02:15
28.02 / 02:07
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Oil heads for first monthly drop since November as economic uncertainty weighs
Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand from Washington's tariff threats and further signs of a U.S. economic slowdown outweighed supply concerns. The more active May Brent crude futures slipped 31 cents, or 0.4%, to $73.26 a barrel by 0133 GMT, while U.S. West Texas Intermediate crude was at $70.05 a barrel, down 30 cents, or 0.4%. Front-month Brent expires later on Friday.
28.02 / 02:07
28.02 / 02:07
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Reuters
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gatherings
India's Oct-Dec GDP growth seen stronger on improved rural demand, government spending
government spending gathered pace. Asia's third-largest economy saw a sharp slowdown in the July to September quarter, with GDP growth slipping to 5.4%, the slowest pace in seven quarters. Economists blamed the slowdown on weak urban demand and a delay in government spending due to national elections last year.
28.02 / 02:07
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Trump, Starmer meeting: UK ready to put 'boots on the ground' for Ukraine; US, UK trade deal to be 'done quickly'
White House on Thursday afternoon. During his first visit to Washington as Prime Minister, Starmer said that his country is ready to put «boots on the ground» to support a peace Ukraine. «I'm working closely with other European leaders on this, and I'm clear that the UK is ready to put boots on the ground and planes in the air to support a deal, working together with our allies, because that is the only way that peace will last,» Starner said.
28.02 / 02:07
28.02 / 02:07
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Nvidia's optimistic forecast fails to convince Wall Street
The stock closed lower at $120.15, while other members of the group such as Microsoft and Amazon also ended the session weaker, after Nvidia's earnings failed to inspire the kind of gains that became a hallmark of the AI rally through 2023 and 2024.
28.02 / 02:07
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S&P 500 ends down as Nvidia tumbles following report
Nvidia tumbled 8.5%, evaporating $274 billion in stock market value, after the Silicon Valley company gave a weaker-than-expected quarterly forecast for gross margin that overshadowed an upbeat revenue outlook.
28.02 / 02:07
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Infosys layoffs: Karnataka labour department finds no law violation
Infosys has not violated any labour laws, according to an interim report by the Karnataka labour department submitted to the state government reviewing the recent terminations by the company. The department is expected to file its final report in about a week, along with a copy to the Union labour department.
28.02 / 02:07
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CEO
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RAI
show
OpenAI rolls out GPT-4.5 for some paying users, to expand access next week
ChatGPT developer OpenAI said on Thursday it has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide, with plans to expand access in the coming weeks.
28.02 / 02:07
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Citi
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IMD India Weather Today: Light rain in Delhi, scorching heat in Mumbai, and snowfall in the North
India Meteorological Department (IMD), the day's minimum temperature is expected to drop to 18.14°C, while the maximum may reach 28.07°C. Relative humidity stands at 37%, and a steady breeze is blowing at 37 km/h.
28.02 / 02:01
28.02 / 01:13
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Stocks to buy today: Ankush Bajaj recommends three stocks for 28 February
Subscribe to enjoy similar stories. On Thursday, the market started on a positive note with a gap-up opening, but this optimism was short-lived as selling pressure took control. Nifty struggled to sustain its gains, with every attempt at recovery being met with aggressive selling, signaling bearish dominance.
28.02 / 00:03
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UPS
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Apple
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Xiaomi
Tablets find more takers in India than ever before
Subscribe to enjoy similar stories. Delhi-based corporate professional, Subhajit Sengupta, snagged an Apple iPad last year in e-commerce platform Amazon’s early-season sale. Today, the 11-inch tablet is a permanent feature in Sengupta’s travel ensemble, who does not own a personal laptop any longer.
28.02 / 00:03
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Stocks to trade today: Raja Venkatraman picks three stocks for 28 February
Subscribe to enjoy similar stories. On 27 February, global cues dictated the trends in the market. Indian equity indices, the Sensex and Nifty, concluded the trading day with minimal changes, as their movements were relatively flat throughout the day.
28.02 / 00:03
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How India's mega plan to boost auto production sputtered
Subscribe to enjoy similar stories. Four years since India flagged off an ambitious scheme to encourage the local production of automobiles, the ₹26,000-crore venture is yet to gain traction. The production-linked incentive (PLI) scheme for automobiles and components (PLI-Auto) was announced in 2021, but the first payouts happened only in January this year.
28.02 / 00:03
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State-owned banks outpace private peers in loans, claw back market share
Subscribe to enjoy similar stories. India’s public sector banks have outpaced their private sector peers in growing their loan book, regaining market share lost over the past several years when asset quality and capital concerns had weighed them down. While loans by public sector banks grew 12.4% year-on-year (y-o-y) in December, private banks saw their loan book grow 10.5%.
28.02 / 00:03
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Stocks to buy today: MarketSmith India’s top stock picks for 28 February
Subscribe to enjoy similar stories. Nifty 50, India’s benchmark index, ended flat on Thursday, 27 February, in a lacklustre session amid volatility. After opening at 22,568.95, the index traded within a narrow range of 22,500–22,613 before closing flat on the monthly F&O expiry day, forming another Doji candle on the daily chart.
28.02 / 00:03
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Mint Primer | Trump’s $5 million card: Will there be a gold rush?
Subscribe to enjoy similar stories. US President Donald Trump has floated the idea of a ‘gold card’, which could replace the EB-5 visa programme and the green card, coveted by wealthy immigrants. It could be a passport to the prized US citizenship, but the cost is eye-watering.
27.02 / 23:13
27.02 / 23:13
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Reuters
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performer
reports
New competition for DeepSeek? Tencent launches new AI model, claims it is 'faster' that DeepSeek
DeepSeek AI had created a market rout upon its entry into the field of artificial intelligence through its V3 and R1 AI models, but it now looks like it is facing some competition from Tencent, another Chinese tech company that is claiming to have built an AI model that gives faster responses to prompts than DeepSeek, according to a Reuters report.
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