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What is the story about?
Wall Street’s technology tremors are rippling through global markets, even as Indian equities hold their nerve. A sharp selloff in US tech stocks has unsettled sentiment worldwide, with Big Tech’s artificial intelligence arms race escalating capital expenditure to unprecedented levels.
Amazon has pledged a staggering $200 billion in AI spending this year, taking the combined outlay of Alphabet, Meta Platforms, Microsoft and Amazon to nearly $660 billion. Bitcoin, meanwhile, is attempting a fragile rebound after plumbing 16-month lows.
Back home, the Sensex and Nifty have risen 1.5% this week, marking a second straight weekly gain, even as the Nifty IT index tumbled over 6%, tracking the global tech rout. The Reserve Bank has stayed put on rates, maintaining its “Goldilocks” assessment while nudging up growth and inflation forecasts.
Add to that a 17-year high in US layoffs, over one lakh jobs cut in January, and the global outlook remains finely balanced. India, for now, stands resilient amid gathering cross-currents.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Market ends mostly higher after a volatile session; Nifty closes above 25,650
The equity benchmark indices BSE Sensex and NSE Nifty ended largely in the green after a volatile trading session, with the Nifty closing above the 25,650 mark even as broader markets underperformed on Friday (February 6)
Read More
AI impact: US job cuts worst since 2009
Layoff plans reached their highest January level since 2009 while hiring intentions were lowest over the same period, outplacement firm Challenger, Gray & Christmas reported Thursday, February 5.
US employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% month-on-month. The total marked the highest for any January since 2009.
Read More
RBI MPC projects FY26 inflation at 2.1%, keeps repo rate unchanged
The Monetary Policy Committee (MPC) of the Reserve Bank of India left its policy repo rates unchanged at 5.25% on Friday, February 6, having cut rates back in December by 25 basis points. The decision to keep interest rates on hold was also taken "unanimously."
This is the third instance of the MPC keeping policy rates unchanged across the last four policies, having cut rates by 100 basis points across February, April, and June 2025.
Read More
RBI MPC Meeting: India's central bank raises GDP growth forecast for April-October 2026
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has revised its growth projection for India’s Gross Domestic Product (GDP) to 7.4% for FY26, RBI Governor Sanjay Malhotra said on Friday, January 6.
The quarterly projections for FY27 were also revised, with growth estimated at 6.9% and 7% in the first and second quarters of the fiscal year, respectively, up from 6.7% and 6.8%.
Read More
Exclusive: India-US trade deal leaves out wheat, rice, soya, dairy, say top govt sources
The India-US trade deal has deliberately ring-fenced politically sensitive agricultural segments, with staples such as rice, wheat, soya and corn kept out of the agreement, senior government sources told CNBC-TV18. Sugar and dairy products have also been excluded from the India-US FTA, they said. This, the government says, is aimed at insulating Indian farmers and dairymen from external shocks.
Read More:
PFC board gives in-principle approval for the merger of REC with itself
State-owned Power Finance Corporation Ltd (PFC) on Friday (February 6) said its board of directors approved the acquisition of 52.63% of the government’s holding in Rural Electrification Corporation Ltd (REC). With this acquisition, REC will operate as a subsidiary of PFC, making PFC the holding company.
Read More
Around 50% of India's analysed aircraft show repetitive flaws, says govt data
The government data, tabled in Parliament, reviewed since January 2025, showed that nearly 50% of the aircraft analysed across Indian airlines were found to have repetitive technical defects, raising questions around maintenance oversight and regulatory transparency.
Read More
Exclusive: UPL, Coromandel among 4 firms in race for US-giant FMC's India biz
Multiple Indian agrochemical majors are evaluating bids for US-based FMC Corporation’s India commercial business, sources familiar with the matter told CNBC-TV18, as the US-based company pushes ahead with asset sales to shore up its balance sheet.
Read More
Iran–US nuclear talks begin in Muscat with Oman mediating the first negotiations
The first stage of nuclear negotiations between Iran and the United States is taking place in Muscat. The talks also address the lifting of sanctions.
Iran’s Foreign Minister, Seyed Abbas Araqchi, arrived in Muscat for the discussions. Earlier on Friday, he met Badr al-Busaidi, the Foreign Minister of Oman, to discuss how the Iran–US talks would move forward.
Read More
Winter Olympics at Milan’s San Siro Stadium
The Milano Cortina 2026 Opening Ceremony is set for Friday (6 February) and promises to be a special one, held at the historic Milano San Siro Olympic Stadium.
A memorable programme will feature blockbuster acts from international artists, including five-time Grammy Award-winner Mariah Carey, Golden Globe winner Laura Pausini, famed Italian tenor Andrea Bocelli and many others, while - for the first time in Olympic history - the ceremony will unfold across two separate cities in a unified, widespread event.
Beyond #Newsroom
Follow the CNBC-TV18 channel on WhatsApp
Catch crispy news updates on the go! - CNBCTV18 Minis
Watch all #videos under one segment- CNBCTV18 Binge
We bring you real-time updates and analysis of the stock market - Real-time market updates
We'll see you on Monday with another engaging 'Top 10@10.'
Amazon has pledged a staggering $200 billion in AI spending this year, taking the combined outlay of Alphabet, Meta Platforms, Microsoft and Amazon to nearly $660 billion. Bitcoin, meanwhile, is attempting a fragile rebound after plumbing 16-month lows.
Back home, the Sensex and Nifty have risen 1.5% this week, marking a second straight weekly gain, even as the Nifty IT index tumbled over 6%, tracking the global tech rout. The Reserve Bank has stayed put on rates, maintaining its “Goldilocks” assessment while nudging up growth and inflation forecasts.
Add to that a 17-year high in US layoffs, over one lakh jobs cut in January, and the global outlook remains finely balanced. India, for now, stands resilient amid gathering cross-currents.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Market ends mostly higher after a volatile session; Nifty closes above 25,650
The equity benchmark indices BSE Sensex and NSE Nifty ended largely in the green after a volatile trading session, with the Nifty closing above the 25,650 mark even as broader markets underperformed on Friday (February 6)
Read More
AI impact: US job cuts worst since 2009
Layoff plans reached their highest January level since 2009 while hiring intentions were lowest over the same period, outplacement firm Challenger, Gray & Christmas reported Thursday, February 5.
US employers announced 108,435 layoffs for the month, up 118% from the same period a year ago and 205% month-on-month. The total marked the highest for any January since 2009.
Read More
RBI MPC projects FY26 inflation at 2.1%, keeps repo rate unchanged
The Monetary Policy Committee (MPC) of the Reserve Bank of India left its policy repo rates unchanged at 5.25% on Friday, February 6, having cut rates back in December by 25 basis points. The decision to keep interest rates on hold was also taken "unanimously."
This is the third instance of the MPC keeping policy rates unchanged across the last four policies, having cut rates by 100 basis points across February, April, and June 2025.
Read More
RBI MPC Meeting: India's central bank raises GDP growth forecast for April-October 2026
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has revised its growth projection for India’s Gross Domestic Product (GDP) to 7.4% for FY26, RBI Governor Sanjay Malhotra said on Friday, January 6.
The quarterly projections for FY27 were also revised, with growth estimated at 6.9% and 7% in the first and second quarters of the fiscal year, respectively, up from 6.7% and 6.8%.
Read More
Exclusive: India-US trade deal leaves out wheat, rice, soya, dairy, say top govt sources
The India-US trade deal has deliberately ring-fenced politically sensitive agricultural segments, with staples such as rice, wheat, soya and corn kept out of the agreement, senior government sources told CNBC-TV18. Sugar and dairy products have also been excluded from the India-US FTA, they said. This, the government says, is aimed at insulating Indian farmers and dairymen from external shocks.
Read More:
PFC board gives in-principle approval for the merger of REC with itself
State-owned Power Finance Corporation Ltd (PFC) on Friday (February 6) said its board of directors approved the acquisition of 52.63% of the government’s holding in Rural Electrification Corporation Ltd (REC). With this acquisition, REC will operate as a subsidiary of PFC, making PFC the holding company.
Read More
Around 50% of India's analysed aircraft show repetitive flaws, says govt data
The government data, tabled in Parliament, reviewed since January 2025, showed that nearly 50% of the aircraft analysed across Indian airlines were found to have repetitive technical defects, raising questions around maintenance oversight and regulatory transparency.
Read More
Exclusive: UPL, Coromandel among 4 firms in race for US-giant FMC's India biz
Multiple Indian agrochemical majors are evaluating bids for US-based FMC Corporation’s India commercial business, sources familiar with the matter told CNBC-TV18, as the US-based company pushes ahead with asset sales to shore up its balance sheet.
Read More
Iran–US nuclear talks begin in Muscat with Oman mediating the first negotiations
The first stage of nuclear negotiations between Iran and the United States is taking place in Muscat. The talks also address the lifting of sanctions.
Iran’s Foreign Minister, Seyed Abbas Araqchi, arrived in Muscat for the discussions. Earlier on Friday, he met Badr al-Busaidi, the Foreign Minister of Oman, to discuss how the Iran–US talks would move forward.
Read More
Winter Olympics at Milan’s San Siro Stadium
The Milano Cortina 2026 Opening Ceremony is set for Friday (6 February) and promises to be a special one, held at the historic Milano San Siro Olympic Stadium.
A memorable programme will feature blockbuster acts from international artists, including five-time Grammy Award-winner Mariah Carey, Golden Globe winner Laura Pausini, famed Italian tenor Andrea Bocelli and many others, while - for the first time in Olympic history - the ceremony will unfold across two separate cities in a unified, widespread event.
Beyond #Newsroom
Follow the CNBC-TV18 channel on WhatsApp
Catch crispy news updates on the go! - CNBCTV18 Minis
Watch all #videos under one segment- CNBCTV18 Binge
We bring you real-time updates and analysis of the stock market - Real-time market updates
We'll see you on Monday with another engaging 'Top 10@10.'
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