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Stock markets rise for second day on gains in bank, IT stocks

Mumbai, Feb 17 (PTI) Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares. The 30-share BSE Sensex climbed 173.81 points, or 0.21 per cent, to close at 83,450.96. The index moved between a high of 83,598 and a low of 82,987.43 during the day. The 50-share NSE Nifty advanced 42.65 points, or 0.17 per cent, to settle at 25,725.40. Among the Sensex constituents, ITC, Bharat Electronics Ltd, Larsen & Toubro, Infosys, Asian Paints, Titan, Adani Ports, HCL Technologies, Sun Pharmaceuticals, Maruti Suzuki India, IndiGo, State Bank of India

Rupee rises 5 paise to close at 90.69 against US dollar

Mumbai, Feb 17 (PTI) The rupee gained 5 paise to settle at 90.69 (provisional) against the US dollar on Tuesday, backed by positive domestic equity markets and lower crude prices overseas. Sustained outflow of foreign funds and a firm American currency, however, weighed on the Indian currency and capped its gains, forex traders said. In the interbank foreign exchange market, the rupee opened at 90.72 against the US dollar and moved in a tight range, touching a high of 90.64 and a low of 90.78 in intraday deals. The unit finally ended the session at 90.69 (provisional) against the greenback,

Bill Gates not to attend AI Impact Summit, say govt sources

New Delhi, Feb 17 (PTI) Microsoft Co-Founder Bill Gates will not be attending AI Impact Summit, government sources said. Gates featured among the tech moguls, industry leaders, policymakers, founders, and technologists listed as speakers on the official website of the India Impact Summit, happening in the national capital from February 16-20. But the summit website on Tuesday did not show his name. Government sources said Gates will not be attending the Summit. The move, they say, is linked to Gates being named in new files relating to the late sex offender Jeffrey Epstein. While Gates has not been accused of

India eyes $200B in data center investments as it ramps up its AI hub ambitions

NEW DELHI February 17, 2026 (AP) — India is hoping to garner as much as $200 billion in investments for data centers over the next few years as it scales up its ambitions to become a hub for artificial intelligence, the country’s minister for electronics and information technology said Tuesday. The investments underscore the reliance of tech titans on India as a key technology and talent base in the global race for AI dominance. For New Delhi, they bring in high-value infrastructure and foreign capital at a scale that can accelerate its digital transformation ambitions. The push comes as governments

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