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Modi pitches India as an artificial intelligence hub at the AI summit

NEW DELHI, February 20, 2026 (AP) — Indian Prime Minister Narendra Modi on Thursday pitched his country as a central player in the global artificial intelligence ecosystem, saying it aims to build technology at home while deploying it worldwide. “Design and develop in India. Deliver to the world. Deliver to humanity,” Modi told a gathering of some world leaders, technology executives and policymakers at the India AI Impact Summit in New Delhi. Modi’s remarks came as India — one of the fastest-growing digital markets — seeks to leverage its experience in building large-scale digital public infrastructure and to present itself

Stock markets bounce back after falling in early trade

Mumbai, Feb 20 (PTI) Equity benchmark indices Sensex and Nifty recovered their early losses and were trading higher on Friday, lifted by buying in banking and capital goods shares. The 30-share BSE Sensex declined 291.93 points, or 0.35 per cent, to 82,206.21 in early trade. The 50-share NSE Nifty dropped 74.6 points, or 0.29 per cent, to 25,379.75. However, both benchmark indices soon rebounded from their early losses and were trading in positive territory. The BSE benchmark quoted 161.43 points higher at 82,659.57, and the Nifty traded 65.55 points up at 25,519.90. Among the Sensex constituents, Bharat Electronics Ltd, NTPC,

Rupee declines 27 paise to 90.95 against US dollar in early trade

Mumbai, Feb 20 (PTI) The rupee depreciated 27 paise to 90.95 against the US dollar in early trade on Friday, weighed down by a strong American currency and higher crude oil prices due to the escalated geopolitical tension. A selling rush in domestic equities further pressured the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 90.94 and slipped further to trade at 90.95 against the greenback in early deals, losing 27 paise from its previous closing level. The rupee rose 4 paise to settle at 90.68 against the US dollar on Wednesday. The currency

Amid Epstein files controversy, Bill Gates to skip keynote address at India AI Impact Summit

New Delhi, Feb 19 (PTI) Bill Gates will not deliver keynote address at the India AI Impact Summit, Gates Foundation said on Thursday. In a post on X, Gates Foundation said, “The Gates Foundation will be represented by Ankur Vora, President of Africa and India Offices, who will speak later today at the Summit”. The post said: “After careful consideration, and to ensure the focus remains on the AI Summit’s key priorities, Mr. Gates will not be delivering his keynote address.” pic.twitter.com/tGJtEQS97E — Gates Foundation India (@BMGFIndia) February 19, 2026 The Gates Foundation further said it remains fully committed to

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