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PM Modi ‘surrendered’ before Trump, US trade deal will devastate farmers’ livelihood: Congress

February 16, 2026
Politics

New Delhi, Feb 16 (PTI) The Congress on Monday alleged that Prime Minister Narendra Modi has “surrendered” before US President Donald Trump in agreeing to the India-US interim trade deal, which, it claimed, will “devastate” the livelihoods of crores of farmers across states. Slamming the Centre, Congress general secretary Randeep Surjewala said trade agreements should not become a path to slavery by “sacrificing a country’s sovereignty”. “Trade agreements are the path to economic progress. The very foundation of trade agreements is mutual public interest on equal terms. Trade agreements should not be a path to slavery by sacrificing a country’s

India’s January unemployment rate rises to 5% from 4.8% in December

February 16, 2026
Finance

NEW DELHI, Feb 16 (Reuters) – India’s unemployment rate rose to 5% in the month of January from 4.8% in December, government data showed on Monday. A Reuters poll had projected unemployment rate at 4.8%.

Markets rebound nearly 1 pc on buying in power, banking stocks; Sensex jumps 650 pts

February 16, 2026
Finance

Mumbai, Feb 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Monday, driven by strong buying in power, banking, and financial stocks. Snapping its three-day decline, the 30-share BSE Sensex jumped 650.39 points, or 0.79 per cent, to close at 83,277.15. The 50-share NSE Nifty advanced 211.65 points, or 0.83 per cent, to settle at 25,682.75. PowerGrid emerged as the top gainer in the Sensex pack, rising 4.45 per cent, followed by HDFC Bank, Axis Bank, NTPC, ITC, Asian Paints, Bajaj Finserv, Bharti Airtel, Adani Ports, Tata Steel, Kotak Mahindra Bank, Reliance Industries

Rupee closes unchanged at 90.66 against US dollar

February 16, 2026
Finance

Mumbai, Feb 16 (PTI) The rupee settled flat at 90.66 (provisional) against the US dollar in a range-bound trade on Monday, as positive momentum in domestic equities was offset by a strong US dollar in the overseas market. According to forex traders, lower crude oil prices supported the local unit, while foreign fund outflows limited its movement. In the interbank foreign exchange market, the rupee opened at 90.63 against the US dollar and moved between an intraday high of 90.61 and a low of 90.72 during the session. The domestic unit closed the session at its previous closing level of

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