Stock recommendations for February 12, 2026: Should you buy or sell?

Representative image (AI) Yes Securities has a buy recommendation on Amber Enterprises with the target price at Rs 8,962. Analysts said Amber Ent has started to witness strong traction as it has significantly increased its capabilities and is now focusing on value addition that will drive growth and margins. Railways business revenue is expected to … Read more

Viksit Bharat: Rolls Royce CEO meets PM Modi

NEW DELHI: Rolls Royce CEO Tufan Erginbilgic met PM Narendra Modi Wednesday to discuss strategies to scale up operations to be part of Viksit Bharat, including expanding global capability centre (GCC) to be the largest globally, co- creating complex manufacturing and building high value engineering capabilities. “It was wonderful meeting Tufan Erginbilgic earlier today. We … Read more

Cess and surcharge money spent to benefit states: FM Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday rejected the criticism by states over cesses and surcharges, arguing that it was in line with the Constitutional provisions and the money collected through these levies was spent on schemes that benefited the states.While responding to the discussion on the Budget in the Lok Sabha, FM said … Read more

Budget sets total expenditure at Rs 53.47 lakh crore for 2026-27 as govt balances growth with fiscal discipline: FM Sitharaman

The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has … Read more

PSU bank rally: SBI overtakes TCS to become India’s 4th most valuable listed firm

State Bank of India (SBI) has overtaken Tata Consultancy Services (TCS) to become India’s fourth-largest listed company by market capitalisation, supported by a sharp post-results rally and improving sentiment around public sector banks.SBI’s market capitalisation now stands at nearly Rs 10.92 lakh crore, ahead of TCS at about Rs 10.52 lakh crore, according to an … Read more

US stocks today: Jobless rate surprise lifts markets; S&P 500 nears record levels

US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or … Read more

Rail electrification drive: Diesel use falls 178 crore litres since 2016-17; 99.4% broad gauge network now electrified

Indian Railways’ accelerated electrification push has sharply reduced diesel consumption, helping cut crude import dependence while expanding cleaner rail operations across the country. Mission-mode electrification has now covered about 99.4% of the Broad Gauge network, with the remaining stretches also taken up for completion.According to information shared by Railways Minister Ashwini Vaishnaw in the Lok … Read more

Cipla Foundation, Tata IISc Med School to set up Centre for Pulmonary Medicine

Bengaluru: Cipla Foundation Wednesday announced a partnership with the Indian Institute of Science (IISc) to set up the Cipla Foundation Centre for Pulmonary Medicine at the Tata IISc Medical School. The facility will provide diagnostics, outpatient and inpatient care, a dedicated intensive care unit, and high-dependency services for the treatment of respiratory illnesses.The Centre for … Read more

Stranded! How H-1B backlogs are creating cross-border tax compliance risks for professionals

As H-1B delays persist, the issue warrants attention beyond immigration policy alone. For more than three decades, the H-1B visa program has been a cornerstone of economic integration between India and the United States, enabling movement of highly skilled professionals into sectors critical to US productivity and innovation. Indian nationals account for more than 70% … Read more