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Risk-based deposit framework may dent bank profitability: Icra

Even as the new risk based deposit framework will increase the insured deposit base and premium payouts, it is expected to impact banking system profitability by ₹2000 crore-₹12,000 crore dragging the Returnson Assets (RoA) by 1-4 basis ₹2K CR AND ₹12K CR points (bps) Icra said in its report.

1 min  |

February 19, 2026

Business Standard

Europe backs India's AI push and trade deal

European leaders and delegation members on Wednesday conveyed unanimous support for the early ratification of the India-European Union (EU) trade deal in their discussions with Prime Minister Narendra Modi and the Indian side during the ongoing AI Impact Summit.

4 min  |

February 19, 2026

Business Standard

Iran agrees to 'principles' of nuclear deal with US

Iran said it reached a “general agreement” with the US on the basis of a potential nuclear deal that would lift sanctions on Tehran and ease the risk of war in West Asia.

1 min  |

February 19, 2026

Business Standard

Govt looks to unlock ₹80K cr via rail PSU stake sales by FY30

The government is looking to raise about ₹80,000 crore over the next four financial years (FY27-FY30) by selling portions of its holdings in seven listed public-sector undertakings (PSUs) under the Ministry of Railways, according to three people familiar with the plan.

2 min  |

February 19, 2026
Business Standard

Business Standard

Let telcos deploy their network, DoT tells Navi Mumbai airport

The Department of Telecommunications (DoT) has asked Navi Mumbai International Airport Limited (NMIAL) to allow telecom service providers to set up their networks in accordance with the Telecommunications Act 2023, a move that could finally bring mobile connectivity to hundreds of flyers at an airport that has relied on wifi since its launch in December 2025.

2 min  |

February 19, 2026

Business Standard

Higher new well gas positive for ONGC

ONGC’s standalone Q3FY26 results were dragged down by low realisations, though the downstream subsidiaries, HPCL and MRPL, helped pull up the consolidated performance.

3 min  |

February 19, 2026

Business Standard

Gujarat tables ₹4.08 trn Budget; big push for tourism, sports

Gujarat Finance Minister Kanubhai Desai on Wednesday presented a ₹4.08 trillion Budget for 2026-27 in the Assembly with a focus on tourism promotion, digital governance, regional growth, and creation of sports infrastructure ahead of the 2030 Commonwealth Games.

1 min  |

February 19, 2026

Business Standard

Nicobar’s ecological hubris

The National Green Tribunal’s (NGT’s) decision to quash a batch of petitions questioning the environmental clearance granted to the Great Nicobar Island Development Project exposes the gap between institutional definitions of environmental safeguards and the reality on the ground.

3 min  |

February 19, 2026
Business Standard

Business Standard

Banks to tiptoe into acquisition financing

Banks plan to move cautiously into acquisition financing after the Reserve Bank of India’s (RBI's) final guidelines, issued last week, opened an avenue for deploying resources.

2 min  |

February 19, 2026
Business Standard

Business Standard

Banking, defence stocks in focus amid mkt recovery

Investors should begin deploying cash gradually, not aggressively, say analysts

2 min  |

February 19, 2026
Business Standard

Business Standard

When public trust meets insolvency law

The insolvency estate encompasses enforceable rights and interests, no less than ownership of property

4 min  |

February 19, 2026

Business Standard

Data centres to subsea cables: India draws mega AI infra bets

Tech majors took centre stage on day three of the AI Impact Summit in New Delhi with their announcements on infrastructure scale-up, cross-border partnerships and capital commitments complementing the Global South narrative.

2 min  |

February 19, 2026

Business Standard

Professional services firms may be allowed in PMIS: ICAI prez

Sets stage for CAs, professional services to train grads under flagship scheme

2 min  |

February 19, 2026
Business Standard

Business Standard

AI is an accelerator, not replacement for humans: WFP's Magan Naidoo

Artificial intelligence (AI) has become critical for aid agencies such as the World Food Programme (WEP) seeking to do more with less as humanitarian crises deepen and funding shrinks.

2 min  |

February 19, 2026
Business Standard

Business Standard

Yotta plans to invest another $4 billion to buy 40,000 GPUs

Yotta Data Services is looking to invest an additional $4 billion this year to order another 40,000 graphic processing units (GPUs) from Nvidia, the company’s Managing Director and Chief Executive Officer (MD&CEO) Sunil Gupta said in New Delhi on Wednesday.

1 min  |

February 19, 2026

Business Standard

Let telcos deploy their network, DoT tells NMIAL

The DoT added that the Telecommunications Act, 2023, read with the Telecommunications (Right of Way) Rules, 2024, provides a statutory framework for granting permissions for in-building telecom networks.

1 min  |

February 19, 2026

Business Standard

CMA CGM signs 1st Indian vessel order, plans container entry

French container carrier CMA CGM on Wednesday signed the final shipbuilding contract with state-owned Cochin Shipyard Limited (CSL) for six state-of-the-art LNG-powered container ships of 1700-TEU (twenty-foot equivalent unit) capacity.

1 min  |

February 19, 2026

Business Standard

Rethink Chinese investment

India needs a new strategy

2 min  |

February 19, 2026
Business Standard

Business Standard

Sarvam launches made-in-India LLMs

Indian artificial intelligence (AI) startup Sarvam launched two indigenous large language models (LLMs) specifically trained on Indian languages on Wednesday.

1 min  |

February 19, 2026

Business Standard

Power demand surge could raise India's emissions in 2026

Despite reducing coal-based power generation in 2025 for the first time in 53 years, alleviating the discharge of emissions, pollution levels may accelerate this year inline with stronger economic activity and power demand, according to industry data and interviews with officials.

3 min  |

February 19, 2026

Business Standard

AI can transform trade by curbing fraud: DGFT

Artificial intelligence (AI) can transform the way India does trade, by detecting fraud while ensuring genuine businesses are not harassed, Lav Agarwal, Director General of Foreign Trade (DGFT), said on Wednesday.

1 min  |

February 19, 2026
Business Standard

Business Standard

Why Budget sprang a farm sector surprise

It’s all about economic growth and changing consumer demand

5 min  |

February 19, 2026

Business Standard

France set to simplify visa norms for Indian students

French President Emmanuel Macron on Wednesday said that his country will simplify visa and sourcing procedures and expand courses taught in English in an effort to get 30,000 Indian students to study in France by 2030 from the current level of 9,000-10,000 annually.

2 min  |

February 19, 2026

Business Standard

HUL tops sustainability rankings as India Inc deepens ESG focus

Hindustan Unilever (HUL) has topped the Perpetual Capital Hurun India Impact 50 — 2026 list with 53.9 points (on the scale of 0-100), reflecting a strong performance across key sustainable development goals (SDGs), including climate, water, circularity, gender and biodiversity.

2 min  |

February 19, 2026

Business Standard

Govt asks EPFO to conduct study on impact of workforce formalisation

The central government has asked the Employees' Provident Fund Organisation (EPFO) to conduct a study to assess whether moving informal workers into formal jobs really improves their income stability, benefits, and job security within the next three months.

1 min  |

February 19, 2026
Business Standard

Business Standard

FMCG firms focusing on driving volume growth in upcoming quarters

Following their earnings for the third quarter of 2025-26 (Q3FY26), fast-moving consumer goods (FMCG) companies are focused on driving volume growth in the coming quarters.

1 min  |

February 19, 2026

Business Standard

Govt to push AI-based solutions for power grid stability: Joshi

The government will push for artificial Intelligence (AI)-based technological solutions to address chronic issues, including power capacity curtailment due to grid congestion and the overall integration of renewable energy (RE) in the system, New and Renewable Energy Minister Pralhad Joshi said here on Wednesday.

1 min  |

February 19, 2026

Business Standard

Modern AI systems good but inconsistent: DeepMind CEO

Artificial general intelligence (AGI) is still about five to eight years away and systems must be trained further to have the capability to learn on their own, said Demis Hassabis, chief executive officer and cofounder of Google DeepMind, speaking about AI that can perform any intellectual task a human can.

2 min  |

February 19, 2026

Business Standard

EPAM repositioning India as co-innovation hub for life sciences, health care

EPAM Systems is repositioning India from a cost-led delivery base to a global co-innovation hub for life sciences and health care, as multinational clients increasingly seek dataand artificial intelligence (AI)-driven capabilities beyond traditional outsourcing, a senior company executive said on Wednesday.

1 min  |

February 19, 2026
Business Standard

Business Standard

Can't say when I'll return to India from UK due to travel curbs: Mallya to Bombay HC

Fugitive businessman Vijay Mallya on Wednesday told the Bombay High Court that he would be unable to specify when he would return to India from the United Kingdom, citing restrictions on his travel.

1 min  |

February 19, 2026