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Core sector output slows to 2.3% in February; crude, gas and refinery drag weighs on momentum

Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments even as output expanded in several manufacturing-oriented sectors.According to official data, production of crude oil, natural gas and petroleum refinery products declined during the month,…

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US wholesale inflation jumps to 3.4% in February; food costs drive biggest rise in a year

US wholesale prices rose more than expected in February, reflecting mounting inflationary pressures even before the recent surge in global energy prices linked to the Iran conflict, according to data released by the Labor Department as reported news agency AP.The department reported on Wednesday that its producer price index (PPI), which measures inflation at the…

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Mutual fund Industry AUM hits record Rs 82 lakh crore in February, SIP flows stay strong

India’s mutual fund industry assets under management (AUM) rose to Rs 82.03 lakh crore in February 2026, registering a 27.1 per cent increase from Rs 64.53 lakh crore a year earlier, according to data released by Franklin Templeton report.The growth was driven largely by sustained inflows into equity-oriented schemes and continued expansion in systematic investment…

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Trade deficit for February widens to $3.96 billion: India’s exports climb 11%, imports surge 21%

India’s combined merchandise and services exports reached $76.13 billion in February 2026, marking an 11.04%increase from $68.56 billion in February 2025, the commerce ministry said on Monday. At the same time, imports surged even more sharply, rising 21.61% to $80.09 billion from $65.84 billion a year earlier. This led to a widened overall trade deficit…

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US jobs report: Economy loses 92,000 jobs in February as unemployment ticks up to 4.4%

The US economy unexpectedly shed jobs in February, marking a sharp reversal from the previous month and raising fresh concerns about the strength of the labour market.Data released by the US Labor Department on Friday showed the world’s largest economy lost 92,000 jobs in February, compared with job growth of 126,000 in January, reported AFP.The…

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Auto retail sales rise 26% in February on sustained demand

NEW DELHI: Automobile retail sales rose nearly 26% to 19.1 lakh units, reaching a record in Feb 2026, data released by the Federation of Automobile Dealers Associations (FADA) showed.FADA stated that five of the six major segments of vehicles, including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles and tractors, recorded their highest ever Feb sales, with…

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PMI watch: India’s services growth eases in February as demand softens, costs rise

India’s services sector growth eased marginally in February as new business expansion slowed to a 13-month low, reflecting softer demand conditions and a rise in inflation, according to a monthly survey released on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index edged down to 58.1 in February from 58.5 in January. In…

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AI, IT gains lift India’s white-collar hiring 12% in February: Report

India’s white-collar job market grew 12 per cent year-on-year in February, driven by rising adoption of artificial intelligence (AI) and a recovery in the IT sector, according to the latest Naukri JobSpeak Index report.The index rose to 3,233 points in February 2026 from 2,890 points in February 2025, marking the strongest February performance in recent…

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