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INDIA NEWS | Sun, 15 Feb 2026, 9:02PM IST US Secretary of State Marco Rubio has said that India has committed to stop buying Russian oil, days after New Delhi reiterated that "national interests" will be the "guiding factor" for India's energy procurement. US President Donald Trump, while announcing a trade deal with New Delhi early in February, claimed India had agreed to not procure crude oil from Russia. Since then, the US has claimed multiple times that India will stop buying oil from Russia. Speaking at the Munich Security Conference on Saturday, Rubio said, "In our conversations with India, we've gotten their commitment to stop buying additional Russian oil." Rubio was responding to a question on the Russia-Ukraine war and the sanctions imposed on Moscow. After announcing the deal, in an executive order, Trump rolled back an additional 25 per cent tariffs on India that he imposed in August last for India's procurement of crude oil from Russia. Earlier, India had said that it would maintain multiple sources for crud

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INDIA MARKET | Sun, 15 Feb 2026, 8:43PM IST India have made 2 changes in the side with Abhishek Sharma coming back in the eleven to replace Sanju Samson and Kuldeep Yadav replacing Arshdeep Singh on the night.

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INDIA MARKET | Sun, 15 Feb 2026, 8:17PM IST India have made 2 changes in the side with Abhishek Sharma coming back in the eleven to replace Sanju Samson and Kuldeep Yadav replacing Arshdeep Singh on the night.

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INDIA MARKET | Sun, 15 Feb 2026, 8:16PM IST Precious metal prices are expected to witness further consolidation in the next week, with volatility likely to persist as investors track key US economic data, including inflation numbers, GDP readings and policy signals from Federal Reserve, analysts said. Traders will also closely watch the US labour data, along with Federal Open Market Committee (FOMC) meeting minutes and speeches from Fed officials, for cues on the timing and pace of potential rate cuts, they added. Pranav Mer, Vice President, EBG, Commodity & Currency Research, JM Financial Services Ltd, said gold and silver prices may continue to see more consolidative moves but volatility will prevail with focus on incoming US data on GDP and the Personal Consumption Expenditures (PCE) inflation numbers and Federal Reserve official's commentary. On the domestic front, silver futures on the Multi Commodity Exchange (MCX) declined Rs 5,532, or 2.2 per cent, while gold rose Rs 444, or 0.3 per cent, over the past week. "Gold ..

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INDIA BUSINESS | Sun, 15 Feb 2026, 8:09PM IST US Secretary of State Marco Rubio announced India's commitment to cease purchasing additional Russian oil. This follows earlier claims by US President Donald Trump regarding a similar agreement. India has consistently maintained that its energy procurement decisions are guided by national interests and supply chain stability. The US has repeatedly asserted India's commitment to reducing Russian oil imports.

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INDIA NEWS | Sun, 15 Feb 2026, 8:03PM IST New Delhi: The benefits of a decade of defence reforms were evident during Operation Sindoor, Prime Minister Narendra Modi said on Sunday, asserting that India has to be prepared at all times to deal with security challenges.As a country that is playing an increasingly important role in the world, India has a duty to modernise its defence sector in line with current realities, Modi said in an exclusive interview to PTI.Citing the allocation of Rs 7.85 lakh crore to the defence sector in the Union Budget 2026-27, the prime minister said the outlay is 15 per cent higher than the previous budget and is also the "biggest chunk" given to any ministry or department.Since day one, the government has been clear -- it will do whatever it takes to support the country's defence forces and strengthen them, he said.Modi said the Indian armed forces must be equipped with the best of Indian innovation and industry as technology is reshaping the world and that the NDA government has been working on modernisation and self-reliance in this sector for the last 11 years.On Operation Sindoor, the prime minister said the entire country is proud of the courage shown by the armed forces."During the operation, one could see the benefits of the reforms we have undertaken in the last decade. Therefore, defence budgets, modernisation, etc., all these are parts of our continuous effort and need not be linked to any particular issue," he said in the written interview.The prime minister was asked if the higher budgetary allocation to the defence sector was part of the lessons learnt from Operation Sindoor and does it also signal a continued mistrust of India's neighbours, including Pakistan."Yes, the reality is that our country has to be strong and be prepared at all times, and that is what we are doing," he said.Modi said the modernisation of the armed forces has been a priority of his government."In this year's budget, a record Rs 7.85 lakh crore have been allocated to the defence sector. This is 15 per cent higher than the previous budget and is also the biggest chunk allotted to any ministry or department," he said."If you look at the details, too, there are noteworthy aspects. For modernisation, Rs 1.85 lakh crore have been allotted, which is 25 per cent above last year's allocation," he said.Modi said the capital expenditure allotment for the three forces is almost Rs 2.2 lakh crore, of which 75 per cent is reserved for procurement from domestic defence industries."This not only enhances security but also creates jobs and strengthens our industrial base. The results are already visible -- defence exports have crossed Rs 23,000 crore, a nearly 35-fold rise in the past decade, and indigenous defence production has touched record levels," he said.The prime minister said the government has been "very sensitive" to the well-being of the ex-servicemen."Hence, the allotment for the healthcare scheme exceeds Rs 12,000 crore. In percentage terms, it is a 45-per cent rise. But there is something more that I wish to place on record...," he said."Since day one, our government has been clear -- we will do whatever it takes to support our defence forces and strengthen them. Yes, this year's allocation is a record high, but viewing it in isolation only provides a limited perspective," Modi said.The prime minister noted that it was the NDA government that fulfilled the four-decade-long demand for OROP (One-Rank-One-Pension)."It is one of our biggest tragedies that those who ruled the country for decades used the defence sector only to enrich their own pockets, as evidenced by the number of defence-related scams during their tenure," he said in an indirect criticism of the previous Congress governments.Modi also highlighted his government's push for defence modernisation."We have been working on modernisation and self-reliance in this sector for the last 11 years. See the number of startups working in this sector now," he said."We believe in giving Indian talent the opportunity to support our forces and contribute to a stronger India," he added.

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INDIA MARKET | Sun, 15 Feb 2026, 7:53PM IST India's Ishan Kishan plays a shot during an ICC Men's T20 World Cup 2026 cricket match between India and Pakistan, at R Premadasa Stadium, in Colombo, Sri Lanka, Sunday, Feb. 15, 2026. (PTI Photo/Arun Sharma)

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INDIA MARKET | Sun, 15 Feb 2026, 7:44PM IST "As usual, there are Modi-style one-liners that mean little in reality," the Congress leader said

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INDIA MARKET | Sun, 15 Feb 2026, 7:43PM IST India have made 2 changes in the side with Abhishek Sharma coming back in the eleven to replace Sanju Samson and Kuldeep Yadav replacing Arshdeep Singh on the night.

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INDIA BUSINESS | Sun, 15 Feb 2026, 7:31PM IST India has made waves in the energy sector, recording an unprecedented power generation expansion of over 52 GW from April to January in this fiscal year alone. This impressive growth, fueled largely by solar power, breaks prior records and showcases the nation's commitment to renewable energy.

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INDIA MARKET | Sun, 15 Feb 2026, 7:05PM IST Since 2014, the nation has come to view the Budget as far more than a ledger of numbers, facts, or ad hoc announcements, PM Modi said in an exclusive interview with PTI.

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INDIA NEWS | Sun, 15 Feb 2026, 6:58PM IST New Delhi: This year's Budget was not a 'now or never moment' born out of compulsion but a 'we are ready' moment born out of preparation and inspiration, Prime Minister Narendra Modi said on Sunday, asserting that it reflects India's "yearning" to become a developed nation. In an exclusive interview with PTI, Modi asserted that none of his government's budgets have been made with an attitude of creating a run-of-the-mill 'bahi khata' documents as "that is not our approach". Recalling that a few years ago, he had declared from the ramparts of the Red Fort, that 'Yahi Samay Hai, Sahi Samay Hai", Modi said a "now is the time" sense of purpose has always been there within his government. "But today, that sense of urgency has become a national conviction, a whole-of-society resolve. There is a new confidence in our nation," he said. "Our national character has revealed itself even in times of different kinds of challenges and we are a bright spot of growth even in difficult global circumstances," he said. Asked whether he has determined that India is now ready to launch into the next phase of development toward a moonshot for Viksit Bharat by 2047 and was it a now-or-never situation, Modi said the post-pandemic world order is opening new doors for India with countries eager to partner with it in trade and innovation. "We have a young and increasingly skilled population; and we are focusing on strong growth accompanied by low inflation and macroeconomic stability. Our youth are creating waves in fields as diverse as space, sports and startups. We have ensured political stability and a reform-oriented policy environment," the prime minister said. "And because of these developments, people are seeing this as a historic opportunity for India. Even as these developments were gaining momentum, the nation also witnessed the historic Azadi Ka Amrit Mahotsav, which infused the people with a sense of mission," he said in a written interview. Pointing to the the behavioural transformations that have taken root over the last few years, Modi said whether it is cleanliness or any other issue, people know that building a developed nation is not just about infrastructure or economy, but also about social habits. "So, this is not a 'now or never' moment born out of compulsion. It is a 'we are ready' moment born out of preparation and inspiration. This Budget reflects this yearning to become a developed nation," Modi said. Therefore, this budget should not be seen just as Budget 2026 but as the first budget in the second quarter of the 21st century, he said. This budget consolidates the gains made since 2014 and builds upon them to impart momentum for the next quarter-century. Just as the decisions and initiatives taken in the 1920s laid the foundation for Independence in 1947, the decisions we are taking now are laying the foundation for Viksit Bharat by 2047," he asserted. Modi said none of his government's budgets have been made with an attitude of creating a run-of-the-mill 'bahi khata' documents. "Because that is not our approach. It is my privilege that people's blessings have been with me for a long time, and I have served for 25 years as the head of government, first at the state level and now at the national level. If one takes a closer look at my approach in the last 25 years, it becomes clear that our work doesn't happen in bits and pieces. "There is a broader strategy, a plan of action and an effective implementation that reflects the 'whole of the nation' thinking, continuity of purpose and a long-term vision, progressively unfolding step by step, year after year," Modi said. Since 2014, the nation has come to view the Budget as far more than a ledger of numbers, facts, or ad hoc announcements, he said. Modi asserted that each budget has contained intent, a clear-cut roadmap, and a sequence of actions, each with stated timelines for achieving them. Then we focus on implementation, and in the next Budget, it is taken to the next logical step, he said. In these years, we have addressed the structural gaps left behind by earlier administrations, undertaken bold structural reforms, expanded opportunities for the poor, empowered our youth, strengthened the role of women and ensured dignity and security for our farmers, he said. "Along with this, we deployed an inclusive, tech-driven, yet human-centric welfare architecture that reaches the last mile and leaves no one behind," Modi said. At every stage, the guiding focus has been nation-building, strengthening the economy and laying the foundations of Viksit Bharat, the prime minister said."This Budget represents the next level in this journey, imparting momentum to our 'Reform Express.' It is designed to accelerate momentum and prepare our youth for the opportunities of a rapidly changing world," he said.

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INDIA MARKET | Sun, 15 Feb 2026, 6:56PM IST Not a 'now or never' moment but a 'we are ready' moment: PM hails Budget 2026

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INDIA MARKET | Sun, 15 Feb 2026, 6:54PM IST Not a 'now or never' moment but a 'we are ready' moment: PM hails Budget 2026

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INDIA MARKET | Sun, 15 Feb 2026, 6:47PM IST USA registered their second successive win, defeating Namibia by 31 runs.

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INDIA MARKET | Sun, 15 Feb 2026, 6:45PM IST India's Rinku Singh, left, and Pakistan's Faheem Ashraf before an ICC Men's T20 World Cup 2026 cricket match between India and Pakistan, at R Premadasa Stadium, in Colombo, Sri Lanka, Sunday, Feb. 15, 2026.

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INDIA MARKET | Sun, 15 Feb 2026, 6:42PM IST India have made 2 changes in the side with Abhishek Sharma coming back in the eleven to replace Sanju Samson and Kuldeep Yadav replacing Arshdeep Singh on the night.

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INDIA BUSINESS | Sun, 15 Feb 2026, 6:34PM IST Founded in 2017, Atsuya Technologies works across sectors including manufacturing, retail, quick commerce, and oil and gas

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INDIA MARKET | Sun, 15 Feb 2026, 6:13PM IST The India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026, according to an official.

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INDIA BUSINESS | Sun, 15 Feb 2026, 6:05PM IST Adven Biotech achieves a significant milestone as India's first homeopathy brand to earn NABL certification. This accreditation underscores India's commitment to global healthcare standards in the Ayush sector. The certification validates Adven's quality control and testing laboratories, aligning with Prime Minister Modi's vision for Ayush. It aims to boost confidence and expand the global acceptance of Indian homeopathy.

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INDIA BUSINESS | Sun, 15 Feb 2026, 6:04PM IST Signature Global is set to launch a luxury housing project in Gurugram with an estimated revenue of Rs 5,000 crore. The company has also partnered with RMZ Group for a Rs 7,500 crore commercial development. Construction activities are accelerating. Signature Global aims for Rs 10,300 crore in sales bookings this fiscal year.

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INDIA MARKET | Sun, 15 Feb 2026, 6:00PM IST Trade Setup For Feb. 16: Nifty has key resistance placed at last week's high of 26,000

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INDIA NEWS | Sun, 15 Feb 2026, 5:49PM IST New Delhi, The India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026, according to an official.India and the UK, on July 24, 2025, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero duty, while tariffs on British products such as cars and whisky will be reduced in India."We are expecting the pact to be implemented from April this year," the government official said.The two countries have also signed the Double Contributions Convention (DCC) pact to ensure temporary workers would not have to duplicate social levies in either country.The official said that both pacts are likely to be implemented in parallel.The pact needs approval from the UK parliament before it is implemented.In India, the Union cabinet approves such agreements. After it gets approved by the British parliament, it will be implemented on a mutually agreed date.The House of Commons in the UK held a debate on the India-UK CETA earlier this week.Chris Bryant, Minister of State in the Department for Business and Trade, responded on behalf of the Labour government to stress that CETA was a momentous achievement, which goes "well beyond India's precedent in opening the door for UK businesses".The British Parliament is ratifying the agreement, including debates across both Houses (House of Commons and House of Lords) and reviews by relevant committees on all aspects of the agreement, before it can be implemented in the coming months.CETA aims to double the USD 56 billion trade between the world's fifth and sixth largest economies by 2030.While India has opened its market to various consumer goods, including chocolates, biscuits, and cosmetics, it will gain greater access to export products such as textiles, footwear, gems and jewellery, sports goods, and toys.Under the pact, which has been termed CETA, tariffs on Scotch whisky will be reduced from 150 per cent to 75 per cent immediately, and further lowered to 40 per cent by 2035.On automobiles, India will reduce import duties to 10 per cent over five years, down from the current rate of up to 110 per cent, under a gradually liberalised quota system.In return, Indian manufacturers will gain access to the UK market for electric and hybrid vehicles within a quota framework.

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INDIA MARKET | Sun, 15 Feb 2026, 5:47PM IST With IT and metals facing persistent structural and external headwinds, market leadership may rotate toward domestically oriented sectors, such as banking, autos and select consumption-driven segments.

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INDIA BUSINESS | Sun, 15 Feb 2026, 5:45PM IST The pact needs approval from the U.K. parliament before it is implemented

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INDIA MARKET | Sun, 15 Feb 2026, 5:43PM IST Om Birla, will represent the Government of India at the swearing-in ceremony of the newly elected government of Bangladesh led by Tarique Rahman, the external affairs ministry said.

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INDIA MARKET | Sun, 15 Feb 2026, 5:32PM IST A vendor sells national flags of India and Pakistan before an ICC Men's T20 World Cup 2026 cricket match between near R Premadasa Stadium in Colombo, Sri Lanka, Sunday, Feb. 15, 2026.

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