calender_icon.png 21 February, 2026 | 2:30 AM

Market/Money

Nifty at 25571, sensex up 410 points

21-02-2026

Indian stock markets staged a notable recovery on February 20, 2026, as benchmark indices rebounded from recent losses amid broad-based buying, particularly in public sector undertaking (PSU) banks and metals. The Nifty 50 closed at 25,571.25, up 116.90 points or 0.46%, while the Sensex advanced 316.57 points or 0.38% to end at 82,814.71. Broader markets showed mixed performance, with the Nifty Midcap 100 rising about 0.48%, reflecting some respite after a volatile period.

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Why India needs sovereign AI

21-02-2026

India's push for sovereign AI took center stage at the ongoing India AI Impact Summit 2026 in New Delhi, where Union Minister for Electronics and Information Technology Ashwini Vaishnaw emphasized building homegrown artificial intelligence systems to ensure data security, transparency, and national control. Sovereign AI, as defined in discussions at the summit, refers to AI models developed, trained on Indian datasets, hosted on domestic servers, and governed under Indian laws—addressing risks associated with over-reliance on foreign platforms like ChatGPT and other global generative AI tools.

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RBI unanimous on status quo

21-02-2026

The Reserve Bank of India (RBI) released the minutes of its Monetary Policy Committee (MPC) meeting held from February 4-6, 2026, revealing a unanimous decision (with one dissent) to maintain the repo rate at 5.25% while continuing the neutral policy stance. This marked the third consecutive hold following cumulative rate cuts of 125 basis points earlier in the easing cycle, reflecting a balanced approach amid resilient domestic growth, benign inflation, and external uncertainties.

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ABB India Q4 CY25 earnings, profit up 18% YoY

21-02-2026

ABB India reported an inline set of results for the fourth quarter of calendar year 2025 (Q4 CY2025, October-December), with revenue growth offset by margin pressures from rising input costs, forex volatility, and other factors. The company posted revenue of ₹3,557 crore, up approximately 6% year-on-year (YoY) from rS 3,365 crore, driven by resilient demand across its diversified portfolio spanning 23 market segments and 18 business divisions.

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New Holland unveiled the 'Workmaster 105' tractor

20-02-2026

New Holland, a CNH brand, today launched the 'Workmaster 105' tractor with HVAC cabin in Telangana. This is the newest addition to their portfolio of high horsepower tractors. This new variant, which comes in New Holland's 106 HP tractor range,... Provides all-weather adaptive operator comfort and advanced performance features. It sets new standards for comfort, durability and productivity in harsh agricultural conditions.

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PM calls for ethical AI, data sovereignty at India AI Summit

20-02-2026

Prime Minister Narendra Modi on Thursday emphasised that artificial intelligence must be guided by strong ethical principles, cautioning that the scope for unethical behaviour in AI is limitless if not properly regulated.

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