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Stock Market Rally: ₹3.8 Lakh Crore Gains as Tariff Cuts Boost Sensex Over 600 Points
Business

Stock Market Rally: ₹3.8 Lakh Crore Gains as Tariff Cuts Boost Sensex Over 600 Points

Sensex and Nifty Open Strong: Indian stock markets started the week on a bullish note on Monday, with both BSE Sensex and Nifty 50 opening in the green. The surge was driven by positive news from the United States, where the Supreme Court struck down tariffs imposed by former President Donald Trump. By 9:30 AM, the Sensex had jumped over 600 points, while Nifty 50 gained nearly 200 points. This surge increased the market capitalization of BSE-listed companies by ₹3.8 lakh crore, taking the total to ₹471 lakh crore. Market Performance as of 9:50 AM Sensex: 83,372.43, up 557.72 points Nifty 50: 25,743.05, up 171.80 points Experts caution that the market may witness volatility in the coming days due to several major developments over the weekend, including the Supreme Court’s...
Bank Shares Fall Despite Market Rally: AU Small Finance and IDFC First Hit by De-Empanelment
Business

Bank Shares Fall Despite Market Rally: AU Small Finance and IDFC First Hit by De-Empanelment

Market Opens Strong, But AU Bank Shares Plunge: The Indian stock markets opened on a positive note on Monday, 23 February 2026. The BSE Sensex started at 82,906.83, higher than the previous close of 83,462.77, and quickly rose to 83,461.31 within 15 minutes—up 658.89 points from the last session. Despite the broader market rally, shares of AU Small Finance Bank (AU SFB) dropped sharply in early trading, falling more than 7% by 9:30 AM. Reason Behind the DeclineThe fall came after AU Small Finance Bank disclosed yesterday that the Haryana government de-empanelled the bank from handling government-related work. The decision followed the discovery of some unauthorised and suspicious transactions in the bank’s accounts. Late Sunday night, AU Bank issued a clarification stating that tw...
EU FTA Deal Set to Boost India’s Textile Sector, Expands Market Access to 27 Major Countries
Business

EU FTA Deal Set to Boost India’s Textile Sector, Expands Market Access to 27 Major Countries

India Strengthens Global Trade Footprint: India’s emergence on the global economic stage cannot be ignored. At the 16th India-EU Summit, the long-awaited Free Trade Agreement (FTA) between India and the European Union (EU) was formally concluded—decades in the making and a testament to Prime Minister Narendra Modi’s strong economic leadership. The EU is the world’s second-largest economy, while India ranks fourth. Together, they account for nearly 25% of global GDP. Before 2014, India traded with only 19 countries; today, it has expanded to 56 countries. The India-EU FTA alone opens access to 27 major and strategic markets, highlighting results-driven governance. Textile Exports on the RiseThe global textiles and apparel market today exceeds $1.1 trillion, reflecting rising demand an...
IPO Calendar: Rain of IPOs This Week, 9 Issues to Open; Bidding Starts Today for 5 Including Clean Max
Business

IPO Calendar: Rain of IPOs This Week, 9 Issues to Open; Bidding Starts Today for 5 Including Clean Max

A Busy Week Ahead in the Stock Market: The Indian stock market is set for significant activity this week with a total of nine Initial Public Offerings (IPOs) scheduled to open. Four of these IPOs are from the mainboard, while five belong to the SME segment. Today, five IPOs have opened for bidding. Mainboard IPOs to Watch Clean Max Enviro Energy SolutionsThe largest IPO this week, Clean Max Enviro Energy Solutions, aims to raise ₹3,100 crore. Of this, ₹1,200 crore will come from new shares, while existing investors will sell ₹1,900 crore worth under an Offer for Sale. The IPO opened today, 23 February, and will close on 25 February. The price band is ₹1,000–₹1,053 per share. Listing on BSE and NSE is expected on 2 March. Shree Ram TwistexShree Ram Twistex plans to raise ₹110.24 c...
₹30,000 Salary, ₹40 Lakh Loan: Gen Z Trapped in Debt, Rising Cases of Cheque Bounces
Business

₹30,000 Salary, ₹40 Lakh Loan: Gen Z Trapped in Debt, Rising Cases of Cheque Bounces

Rising Loan Defaults Among Youth: India is witnessing a surge in loan defaults, with the younger generation increasingly caught in a web of debt. Alongside rising loan delinquencies, cases of cheque bounces are also climbing sharply. Young Borrowers Take on Massive DebtAccording to reports, hundreds of young adults aged 25–35 are falling into debt traps every month. The so-called Zoomers, born between 1997 and 2012, are the first generation to accumulate such high levels of borrowing. Unlike previous generations, for whom taking loans was largely taboo, many Gen Z borrowers are taking loans up to 100 times their monthly salaries—earning ₹30,000–₹40,000 per month while borrowing ₹30–40 lakh. The main reason is the growing gap between income and expenditure, which borrowers try to bridge ...
Success Story: Deepak Raj Tushir Leaves Wipro to Start Dairy Venture, Achieves ₹23 Crore Turnover
Business

Success Story: Deepak Raj Tushir Leaves Wipro to Start Dairy Venture, Achieves ₹23 Crore Turnover

From IT Professional to Dairy Entrepreneur: Deepak Raj Tushir, originally from Janti Khurd village in Sonipat district, Haryana, has stunned many with his remarkable journey from IT to dairy farming. After a successful 10-year career at Wipro, he decided in 2012 to leave the corporate world to pursue his passion for agriculture and contribute to his village’s development. Today, his dairy venture, Binsar Farms, has crossed a turnover of ₹23 crore, establishing him as a prominent name in the dairy industry. Education and VisionTushir holds a BE in Information Technology and an MBA. Partnering with two fellow computer engineers and two farmers from New Zealand, he co-founded Binsar Farms. Their goal was to provide high-quality milk while promoting modern farming practices in rural India. ...
Novartis India, GMDC Among Stocks Showing Strength; Bullish Signals Emerge
Business

Novartis India, GMDC Among Stocks Showing Strength; Bullish Signals Emerge

Stock Market Update: Dalal Street witnessed a bullish trend last Friday, with both benchmark indices closing higher. The BSE Sensex, comprising 30 stocks, gained 316.57 points to settle at 82,814.71, while the NSE Nifty rose 116.90 points to close at 25,571.25. Stocks to Watch on 23 February:The market saw renewed optimism on Friday, supported by buying activity in banking and metal stocks, progress in trade agreements, and reports of India’s participation in Pax Silica. The Sensex surged during intraday trade to a high of 83,132.08 before closing at 82,814.71, up 0.38%. Similarly, the Nifty touched a peak of 25,663.55 points before ending the day at 25,571.25, marking a 0.46% gain. Among Sensex constituents, NTPC, Larsen & Toubro, Hindustan Unilever, PowerGrid, Tata Steel, Kotak...
Bhopal Snooker Club Stabbing: Student Attacked 27 Times in 30 Seconds Over Past Altercation
Madhya Pradesh, State

Bhopal Snooker Club Stabbing: Student Attacked 27 Times in 30 Seconds Over Past Altercation

Bhopal: A shocking incident of knife violence occurred at a snooker club in Ganesh Chowk, Tilak Jamalpura, Bhopal, involving minor students. According to police, two accused students attacked a peer, stabbing him 27 times within just 30 seconds. The incident has raised serious concerns about law and order in the city. Details of the Attack The victim, a student from Gautam Nagar, was playing at the snooker club when the accused entered and launched a sudden assault. In the attack, the victim sustained 10 cuts on his wrist, lost two fingers, and suffered injuries to his shoulder and back. He is currently undergoing treatment in hospital. Motive: Revenge for a Slap Police revealed that the accused, a 16-year-old tenth-grade student, shared the same coaching institute as the victi...
GDA Launches New Nandgram Plot Scheme After 14 Years; CM Yogi Adityanath Inaugurates
State, Uttar Pradesh

GDA Launches New Nandgram Plot Scheme After 14 Years; CM Yogi Adityanath Inaugurates

Ghaziabad: After more than a decade-long wait, the Ghaziabad Development Authority (GDA) has launched a new land plot scheme in Nandgram. Chief Minister Yogi Adityanath inaugurated the initiative by releasing its official brochure on Sunday, generating excitement among local residents. This marks GDA’s first new plot scheme in roughly 14–15 years. Scheme Details: Noor Nagar and Nandgram The scheme covers the Noor Nagar and Nandgram areas, offering plots ranging from 60 to 221 square meters. The price has been fixed at ₹79,000 per square meter. Allotments will be made through a completely transparent e-lottery system, ensuring fairness and accessibility for all applicants. Online Application and Payment Process Applications for the scheme will be accepted only online via the off...
Patna Double Murder: Father Breaks Down Recalling Last Words With Sons Killed Over Land Dispute
Bihar, State

Patna Double Murder: Father Breaks Down Recalling Last Words With Sons Killed Over Land Dispute

Patna, Bihar: In a shocking incident in the Bihar capital, two brothers were shot dead by assailants over a decades-old land dispute. The tragedy has left their father, Raj Kishor Prasad, grief-stricken as he recalls his last conversation with his sons, expressing the heartbreaking regret that if only they had heeded his advice, this day could have been avoided. Father Alleges Local Landowners Behind Killings The victims, 32-year-old Manish Kumar and 24-year-old Manjit Kumar, were residents of Shahpur in the Gopalpur police station area. Their father has accused local residents Krishna Rai and Prem Rai, along with their sons, of orchestrating the attack due to a long-standing dispute over land. According to him, the accused had previously threatened his family multiple times, but pri...

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