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Youth unemployment rate rises to 14.7% in January

February 17, 2026

Financial Express Delhi

Joblessness in urban areas at 7%

- KULDEEP SINGH

THE UNEMPLOYMENT RATE (UR) among persons aged 15 years and above rose marginally to 5% in January from 4.8% in December, highlighting slightly fewer job opportunities in both rural and urban areas, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday.

In 15-29 age group, the unemployment rate increased from 14.4% in December to 14.7% in January. While it fell marginally among males, from 13.7% to 13.6%, female unemployment rose sharply to 17.8% from 16.3% in December. Among young women, the rate climbed to 14.2% in rural areas from 12.7% in December and 26.4% in urban areas from 24.9% in December.

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OTC Fx derivatives contracts reporting may be mandatory

THE RESERVE BANK of India (RBI) on Monday released draft regulations regarding reporting instructions for authorised dealer category-I banks.

1 min

February 17, 2026

Financial Express Delhi

Exports of marine items increase 15% in Apr-Jan

DESPITE BEING HIT by the high US tariffs, India’ marine products exports increased by over 15% to $7.17 billion in April-January 2025-26, due to a huge surge in shipments to several new markets such as Vietnam and the European Union (EU), according to commerce ministry officials.

1 min

February 17, 2026

Financial Express Delhi

Banks prepare €4-billion debt sale for BASF coatings buyout

BANKS ARE PREPARING to sell about €4 billion ($4.7 billion) of debt to finance Carlyle’s acquisition of BASF SE’s coatings business.

1 min

February 17, 2026

Financial Express Delhi

Torrent to buy Nabha Power from L&T arm for ₹3,661 cr

NPL's divestment aligns with L&T’s strategic objective of unlocking value to strengthen our core biz

1 mins

February 17, 2026

Financial Express Delhi

Desi AI: A blueprint for leadership

ANTHROPIC'S RELEASE OF Claude Cowork and Claude Code triggered a sharp dip in Indian IT stocks, signalling a vastly changed technology ecosystem. India’s manpower-intensive services companies are clearly under threat from artificial intelligence (AI), anda transition to an intellectual property-driven future leveraging Alis now an existential necessity. When confronted in Davos recently with the label “second-tier AI power”, Union Technology Minister Ashwini Vaishnaw gave a thoughtful riposte, laying out a layered AI taxonomy and arguing that leadership in many of the layers makes India decidedly not second tier. While this assertion is sound, the underlying anxiety is real—Indians aspire to a indigenous or desi AI that is an unequivocal global leader. The key question about realising this aspiration is not if the government should be involved, but how. We answer this through a careful examination of historical successes and failures in governance of technology development—from Tokyo to Washington, and from Centre For Development Of Telematics (C-DoT) to United Payments Interface (UPI).

3 mins

February 17, 2026

Financial Express Delhi

Kwality Wall’s to focus on pricing & distribution

Shares list at 26% discount on the NSE

1 mins

February 17, 2026

Financial Express Delhi

SC issues notice to Centre on plea challenging DPDP Act

IN A SIGNIFICANT development, the Supreme Court on Monday agreed to examine a batch of pleas challenging the constitutional validity of several provisions of the Digital Personal Data Protection (DPDP) Act, 2023.

1 min

February 17, 2026

Financial Express Delhi