February 17, 2026
UPI preferred mode of transaction at 57%, surpassing cash at 38%: Survey
UPI has officially dethroned cash in India, with 57% of citizens choosing digital payments over physical currency. The shift is most visible in small-ticket rural transactions, signalling a permanent change in India’s economic fabric.
India’s Exports Rise 13.17% to US$ 80.45 Billion in January 2026
India’s exports grew 13.17% to US$ 80.45 billion in January 2026, led by strong services trade, even as faster import growth widened the overall trade deficit.
Top world leaders to attend India–AI Impact Summit in New Delhi
Prime Minister Mr. Narendra Modi opened the India-AI Impact Summit 2026, welcoming 20 world leaders and Big Tech CEOs to New Delhi for a historic five-day meet aimed at democratizing AI for the Global South.
The Union Minister for Communications and Development of Northeast Region, Mr. Jyotiraditya Scindia, has stated that a robust digital highway is driving India's current economic transformation by providing the seamless exchange of content, business operations, and economic activity throughout the country.
India's retail market will skyrocket to Rs. 21.5 lakh crore (US$ 237.6 billion) by 2035, with AI and a consumption explosion in Tier-2/3 cities acting as the twin engines of this US$ 237.6 billion opportunity.
JSW MG Motor to Invest US$ 331.5 Million in Plant Expansion and New Vehicle Launches
JSW MG Motor is doubling down on India's EV race with a Rs. 4,000 crore (US$ 441 million) bet to triple production to 3 lakh units and launch four new SUVs by late 2026, aiming for a 75% hybrid and electric sales mix.