Budget 2026: Indian VCs Want Action Rather Than Promises
With the Union Budget 2026 set for February 1, India’s venture capital (VC) ecosystem stands at a pivotal juncture. After…
Oil jumps over 1% on US storm disruption, Kazakh oilfield's slow restart
Oil prices jumped over 1% on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast, with the market also finding support from the slow restart of output from the Tengiz oilfield in Kazakhstan.
ONGC JV signs shipbuilding contracts with Samsung for two Indian-flag ethane carriers
ONGC, through its JV companies with Japan’s MOL, has signed shipbuilding contracts with Samsung Heavy Industries for two Indian-flag Very Large Ethane Carriers (VLECs). The vessels, each with 100,000 cubic meters capacity, will transport about 600 KTPA of ethane for ONGC’s subsidiary OPaL.
S&P, Nasdaq rise as corporate earnings roll in; Medicare rates hit insurers
The S&P 500 and the Nasdaq opened higher on Tuesday as investors parsed a fresh round of mega-cap earnings, while health insurers declined as the Trump administration's Medicare Advantage payment proposal disappointed investors.
After SCL Mohali, Tata's Dholera plant to help startups build prototype chips
Union minister Ashwini Vaishnaw announced Tata's Dholera fab will assist Indian chip startups with design tape-outs, aiming to enhance domestic semiconductor capabilities. India targets 3-nm chip production by 2032 and plans to boost funding and market access for startups under the DLI scheme.
Titagarh Rail, ABB India partner on 25kV driverless metro propulsion, tech transfer
Titagarh Rail Systems and ABB India have partnered to develop propulsion systems and transfer TCMS technology for 25kV driverless metro projects in India. The agreement covers design, supply, installation, and co-production of traction motors and converters for 240 MMRDA metro coaches across Lines 5 and 6, including five years of maintenance; and takes forward Make in India.
Market Trading Guide: Buy Oil India, Tata Steel and two more stocks on Wednesday for up to 8% potential upside
Nifty closed higher amid volatility on monthly expiry, driven by gains in financials, IT and metals, though auto and FMCG lagged. Analysts see 24,900 as support and 25,500 as resistance, recommending OIL India, DCX Systems, Tata Steel and Sona BLW.
Industry Trends
Nothing Phone 4a Pro Battery, Charging Speed and IP Rating Revealed via EPREL Label
Nothing Phone 4a Pro has been assigned an EU Energy Label wth model number A069P. This model number is believed to be associated with the Phone 4a Pro. The listing shows that the upcoming phone has a 5,080mAh battery with 50W charging support. The listing suggests that the launch may not be far off.
Industry Trends
iQOO 15R Price in India, Chipset Details Teased Ahead of Launch in India on February 24
iQOO 15R will be the fastest smartphone under Rs. 55,000 in India, the smartphone maker claimed on Tuesday, while revealing that the handset will be powered by a Snapdragon 8 Gen 5 chipset from Qualcomm. The iQOO 15R is set to be unveiled in India on February 24. It will go on sale in the country via Amazon. It will be offered in at least black and blue colourways. The phone is teased to carry a dual rear camera setup. iQOO's upcoming 15R is expected to feature a 6.59-inch 1.5K AMOLED display.
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Honor Magic V6 Leak Hints at Slimmer Build, New Hardware Upgrades Ahead of Anticipated March Debut
Honor is preparing to launch its next foldable, the Honor Magic V6, with fresh leaks revealing design and hardware details. Tipsters claim the phone will feature a slimmer and lighter glass-fibre body, carry the internal codename Phenom, and launch around March. It is tipped to run on the Snapdragon 8 Elite Gen 5 chipset with full tuning, pack a 200-megapixel main camera, periscope telephoto lens, and a 7000mAh-class battery with wireless charging, along with water resistance, satellite communication, and multiple colour options.
Industry Trends
NASA Races to Restore Contact With MAVEN Mars Orbiter After Weeks of Silence
NASA has resumed efforts to reestablish contact with the MAVEN spacecraft after Mars emerged from solar conjunction. Engineers are using the Deep Space Network and studying recovered data from December 6 to determine what caused the communication loss and assess the spacecraft’s condition.
India-EU FTA may lower costs of novel drugs for Indian patients, medical equipment
The deal will reduce tariffs on pharmaceutical exports from Europe to India to zero from 11% for almost all products. This will also reduce input costs for specialized raw material that Indian firms import from Europe.