📰 India Business Brief: Top Headlines for February 16, 2026

Business Standard

• GIFT Nifty futures indicated a weak opening for the domestic markets, trading lower by 87 points at 25,432 as Asian peers showed thin trade due to holidays in China and South Korea.
• Ola Electric reported a narrowed net loss of ₹487 crore for the third quarter, compared to a loss of ₹564 crore in the previous year, while GMR Airports saw a 14% decline in net profit to ₹174 crore.
• Fortis Healthcare posted a 21.8% year-on-year decline in consolidated net profit for Q3FY26 at ₹193.7 crore, even as its revenue from operations grew by 17.5%.
• An annular solar eclipse is scheduled for Tuesday, February 17, 2026, marking the first celestial event of its kind for the year, though it will primarily be visible in the Southern Hemisphere.
• Domestic investors are closely monitoring the ongoing US government shutdown as lawmakers remain deadlocked over DHS oversight, potentially impacting global sentiment.

Economic Times

• Prime Minister Narendra Modi is scheduled to inaugurate the "India AI Impact Expo 2026" at Bharat Mandapam today, an event featuring 13 country pavilions and over 70,000 square metres of technology showcases.
• The Reserve Bank of India (RBI) has reportedly initiated talks to ease overseas investment norms to facilitate smoother capital flows for Indian enterprises looking to expand globally.
• At the ET Global Business Summit 2026, discussions highlighted Maharashtra’s $1-trillion push as a critical component for India’s quest to reach a $5-trillion economy.
• Oil prices traded sideways as the market awaits US-Iran nuclear talks, while OPEC+ signaled a potential increase in production starting this April.
• US financial markets, including the NYSE and Nasdaq, are closed today in observance of the Presidents Day holiday, leading to expected lower trading volumes in global segments.

Mint

• Shares of Aye Finance are set to debut on the BSE and NSE today following its initial public offering; however, grey market trends suggest a potentially muted listing.
• Blackstone and co-investors have entered into a definitive agreement to invest $1.2 billion in Neysa, an Indian AI infrastructure platform, to accelerate the deployment of 20,000 GPUs across the country.
• The RBI has granted approval to Manappuram Finance for a proposed acquisition of up to 41.66% stake by Bain Capital affiliates, marking a significant shift in the company's capital structure.
• Technical analysts have recommended a "buy-on-dips" approach for the week, with specific stock picks including Bajaj Finance, SBI Life, and Eicher Motors following the recent market correction.
• Several major firms, including IRCTC, HAL, and Coal India, are scheduled to trade ex-dividend this week, drawing attention from income-focused investors.

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