Financial Express

Finance Minister Nirmala Sitharaman on Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool. Read More: https://www.fexp.in/HPd4cZ

Stocks like Bandhan Bank, RBL Bank, IndusInd Bank, IDFC First Bank have seen sharp intra-day gains after the Reserve Bank of India rolled back the increased risk weights on bank loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs). This move is expected to ease capital requirements for banks and NBFCs, potentially boosting lending in these sectors. Read more: https://www.fexp.in/JjQGyT

The Jammu and Kashmir and Ladakh High Court has ordered the National Highways Authority of India (NHAI) to reduce toll collection on a poorly maintained part of NH-44. The court said that tolls cannot be charged if the highway is in bad condition due to ongoing construction work, according to a report by TOI. Read More: https://www.fexp.in/JVAJx0

The Indian government of Prime Minister Narendra Modi is seeking to cut the federal tax revenues that states receive, three sources with the direct knowledge of the matter said. Read More: https://www.fexp.in/TDUfgk

As the ICC Champions Trophy 2025 progresses, Pakistan is set to take on Bangladesh in a crucial Group A encounter at the Rawalpindi Cricket Stadium on February 27 at 2:30 PM IST. Both teams, struggling to make an impact in the tournament, will be aiming for a consolation win after back-to-back losses. Read more: https://www.fexp.in/9HN6Ct

The markets are taking a breather this week with the Nifty and Sensex trading in a tight range after the big cuts earlier in February. While some brokerage houses like Nomura have given a Nifty December target of 26,000 Kotak Institutional Equities expect the Index to remain rangebound this year. Read More: https://www.fexp.in/vcfTgt

Even as their final group-stage match ended without a result due to persistent rain in Rawalpindi on Thursday, Pakistan finished at the bottom of Group A’s points table, trailing Bangladesh due to an inferior net run rate. With their placement determined by net run rate, social media users have been quick to mock Pakistan’s performance. Read More: https://www.fexp.in/9hRfGM

Gold has a special place in Indian culture. From weddings to festivals, gold has been a symbol of prosperity and auspiciousness for Indians. This is the reason why India is one of the largest gold importing countries for many years in the world. Read More: https://www.fexp.in/iO8PSk

The Union Cabinet has approved the revised Waqf (Amendment) Bill with the proposed changes, The India Express reported citing sources. The Cabinet has reportedly approved 14 out of the 23 changes which were proposed by a joint parliamentary committee. Read more: https://www.fexp.in/vJPOPY

Nvidia reported its fourth-quarter earnings after the bell on Wednesday, exceeding Wall Street expectations and signaling continued confidence in its AI-driven growth. The chipmaker also provided a robust revenue forecast for the current quarter, reinforcing its dominance in the booming artificial intelligence sector. Read more: https://www.fexp.in/dtPKSP