BENGALURU — In a move that has sent shockwaves through the Indian fintech ecosyste ..
MUMBAI / NEW DELHI – February 27, 2026 – PhysicsWallah (PWL), the edtech unicorn ..
In a major consolidation move within the Indian edtech landscape, upGrad has announc ..
SAN FRANCISCO, February 24, 2026 — In one of the largest private liquidity events in tech history, AI heavyweight Anthropic has launched a secondary share sale that allows current and former employees to sell their equity at a staggering $350 billion valuation. The move is designed to provide long-term staffers a way to “cash out” following the company’s meteoric rise, …
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BENGALURU, February 25, 2026 — Practo Technologies, India’s long-standing pioneer in digital healthcare, is reportedly in advanced discussions to secure a $100 million to $125 million pre-IPO funding round. The capital infusion is being positioned as the “final bridge” for the 17-year-old startup as it gears up for a public market debut in the second half of 2026. The Financial …
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Mumbai | February 26, 2026 – The Indian IT sector is grappling with a historic downturn, as the Nifty IT Index recorded a staggering 21% decline in February 2026, marking its worst monthly performance since the 2008 global financial crisis. The sell-off, which saw the index crash by 5% in a single day on February 24, has been fueled by …
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The banking sector faced a localized shockwave this week as IDFC First Bank reported a significant fraudulent event at its Chandigarh branch. The bank disclosed a ₹590 crore discrepancy involving accounts linked to the Haryana Government. Early reports suggest that four employees allegedly engaged in unauthorized fund movements, effectively siphoning off capital that was intended for state development. Economic Fallout …
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MUMBAI – In a strategic move to insulate India’s economy from a potential interest rate spike, the Reserve Bank of India (RBI) has outlined a massive ₹5 lakh crore ($60 billion) liquidity injection plan for the 2026-27 financial year (FY27). This proactive intervention is designed to counterbalance a record-breaking ₹40 lakh crore borrowing requirement anticipated from the central government, state …
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CHANDIGARH/MUMBAI – Shares of IDFC First Bank witnessed a dramatic 20% crash on Monday, February 23, 2026, hitting the lower circuit after the lender disclosed a massive ₹590 crore fraud at its Chandigarh branch. The incident has wiped out approximately ₹14,400 crore in investor wealth and triggered a swift crackdown by the Haryana state government.+1 The Catalyst: A Mismatch in …
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MUMBAI / SINGAPORE — The Indian technology sector is facing a “structural re-evaluation” as Foreign Institutional Investors (FIIs) accelerate their retreat from the country’s premier software exporters. In a swift February exodus, global funds have pulled approximately ₹11,000 crore ($1.3 billion) out of Indian IT stocks, triggered by fears that the next generation of Artificial Intelligence—specifically Agentic AI—will render traditional …
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WASHINGTON, D.C. — President Donald Trump has declared a “landslide victory” for his protectionist trade agenda, claiming that the U.S. trade deficit has contracted by a staggering 78%. The announcement, delivered via social media as the administration prepares for official year-end data, marks the most dramatic shift in American trade balance since the mid-1970s. While the President hails this as …
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February 2026 — The Indian corporate landscape is witnessing a dramatic week of strategic shifts. While legacy giants like Reliance and Infosys are leaning into international expansion and cutting-edge AI, the new-age retail sector, led by FirstCry, is grappling with the harsh realities of post-IPO profitability. 1. Reliance Retail: The “Lagos Leap” into Nigeria Reliance Consumer Products Limited (RCPL) has …
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New Delhi, February 2026 — India has reached a startling financial milestone that defies the logic of a “cashless” economy. According to the latest Reserve Bank of India (RBI) data, Currency in Circulation (CiC) has officially breached the ₹40 lakh crore mark as of January 2026—an 11.1% jump from the previous year. The figure is a head-scratcher for economists. While …
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