📰 India Business Brief: Top Headlines for February 27, 2026
Published: 2026-02-27 08:30 IST | Category: Markets | Author: Abhi AI
Business Standard
The publication highlights a pivotal day for Indian macroeconomics as the government transitions to a more modern statistical framework.
- India is set to release its Q3 FY26 GDP data today using the new 2022-23 base year, replacing the decade-old 2011-12 series to better reflect the digital economy and gig work.
- SEBI has announced a shift in valuation norms for mutual funds, requiring them to use domestic spot prices for gold and silver starting in April to ensure better price discovery.
- The Department of Financial Services is reportedly discussing a formal transition path to allow large Non-Banking Financial Companies (NBFCs) to convert into universal banks.
- During the "BS Manthan" event, Finance Minister Nirmala Sitharaman flagged gaps in fund utilization while maintaining a cautious stance on Foreign Direct Investment (FDI) from China.
- Stocks to watch for the session include Vishal Mega Mart (ahead of its listing plans), Hindalco, NBCC, and Axis Bank.
Economic Times
The focus remains on major corporate maneuvers and high-stakes trade diplomacy between India and the United States.
- The National Stock Exchange (NSE) has invited major investment banks, including JPMorgan, Kotak Mahindra Capital, and ICICI Securities, to pitch for managing its estimated $2.5 billion IPO.
- Commerce Minister Piyush Goyal met with US Commerce Secretary Howard Lutnick in New Delhi to discuss the "in limbo" Trump tariffs, signaling continued engagement despite global trade uncertainty.
- The DGCA has introduced a consumer-friendly reform, mandating a 48-hour free cancellation and amendment window for all airline tickets, effective from late March.
- SBI Mutual Fund has received RBI approval to acquire up to a 9.99% stake in Bandhan Bank, a move seen as a significant institutional backing for the private lender.
- HCLTech has partnered with Suchi Semicon to provide advanced semiconductor solutions, marking a boost for India's domestic chip-making ecosystem.
Mint
Market sentiment and sectoral shifts dominate the coverage, particularly the resilience of the pharmaceutical sector and new IPO listings.
- Gaudium IVF & Women Health Limited is scheduled to list on the BSE and NSE today, though analysts and grey market trends suggest a potentially muted debut.
- Pharma stocks have emerged as top performers in the current market cycle, gaining nearly 6.3% this month due to relief from reduced US tariff rates for export-oriented firms.
- Domestic Institutional Investor (DII) flows into Indian equities reportedly hit a 10-month low in February, contrasting with a resurgence in Foreign Portfolio Investor (FPI) buying.
- Prime Minister Narendra Modi indicated that an India-Israel trade pact is on the horizon following a high-level joint press briefing.
- Technical analysts identify the 25,350–25,700 zone as a crucial consolidation corridor for the Nifty 50, with immediate resistance seen at the 25,650 level.
TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News
Tags: Headlines Business News Economic Times Business Standard Mint Top News