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February 13, 2026
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National Productivity Week highlights MSME cluster productivity, Industry 4.0 readiness assessment, and proposed productivity rating systems.
NPC advanced cluster-based strategies to boost MSME competitiveness and global integration, advocating shared infrastructure and knowledge exchange. It proposed an Industry 4.0 Readiness Assessment Framework, an Indian Productivity Rating System, a 5S Assessment Framework for export readiness, sector-specific benchmarks, and a Learning & Development Centre to embed productivity tools. Energy efficiency, sustainable production, youth engagement, and international collaboration were presented as complementary measures to translate productivity gains into cost efficiency and competitiveness.
February 13, 2026
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Technology sector urged to pursue trillion-dollar ambition by 2035 with tax incentives, clean energy and AI focus.
The minister urged the technology sector to pursue a trillion-dollar ambition by 2035 through applied AI, a 10 GW data centre capacity target by 2030, and strengthened clean energy integration, backed by income tax benefits for qualifying investments through 2047 to boost FDI, jobs and the data centre ecosystem, while emphasizing cybersecurity, data integrity, AI education, industry-led engagement with government facilitation, and coordinated action with states to streamline approvals and electricity access.
February 13, 2026
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Customs reforms introduce trust-based governance and an integrated digital ecosystem to simplify clearances and aid trade.
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February 13, 2026
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Low voltage motor business acquisition approved; Innomotics to acquire Siemens' unit in India through a slump sale.
The Competition Commission of India approved a proposed combination for the slump sale of the low voltage motor business of Siemens Limited to Innomotics India Private Limited. The Target Business sells low voltage motors for industrial applications in India and exports under an outsourced manufacturing model. Innomotics, part of KPS Capital Partners, is an industrial motors manufacturer supplying high and medium voltage motors and large drive systems to sectors including oil and gas, metals, cement, power and marine. A detailed order will follow.
February 13, 2026
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Acquisition of ~6.63% stake in Valuedrive by Fidelity Funds via CCPS subscription and secondary purchase.
The proposed transaction involves acquisition of approximately 6.63% minority shareholding in Valuedrive Technologies Private Limited by Fidelity group investment funds through a mix of primary subscription and secondary acquisition of compulsory convertible preference shares, with Fidelity Funds acting as diversified investment vehicles. Valuedrive is an operating-cum-holding company in the Spinny Group operating an electronic wholesale motor-vehicle platform and owning subsidiaries in lending, insurance broking, automotive publishing/events, and ancillary services.
February 13, 2026
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Amundi ICG proposed combination approved: Acquirer to buy 4.64% voting shares, nominate a director and subscribe to non voting instruments.
CCI approved Amundi's acquisition of 4.64% voting share capital of ICG via on-market purchases, a right to nominate a director, and subsequent subscription to non voting instruments up to 5.26% of ICG's capital. The Acquirer lacks direct Indian operations but is indirectly present through a minority joint venture that offers asset management services in India. The Target operates globally as an alternative asset manager across structured capital, private equity, real assets, private debt, and credit markets.
February 12, 2026
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Aadhaar card tracing: High Court directs Centre and state to create an SOP for faster police access.
The High Court directed central and state governments to formulate an SOP for police access to Aadhaar card details to enable faster tracing of victims, stressing expedited procedures for missing children and suspected human trafficking; it ordered the Unique Identification Authority director be made a party, received a report from the state legal services authority on action taken after an alleged assault, and scheduled further hearing.
February 12, 2026
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KELTRON secures Rs18 crore export deal to supply Passive Sonar systems; KS Smart to buy 40% stake in Kokonix.
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February 12, 2026
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India-US trade framework remains the basis for an interim agreement; fact sheet amended to reflect shared understandings.
The India-US joint statement is the binding framework for an interim trade agreement; amendments to the White House fact sheet were made to reflect shared understandings, removing references to pulses and digital services taxes and reframing commitments as intentions to reduce tariffs on specified US industrial and agricultural goods and to increase purchases of US energy and technology products.
February 12, 2026
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New CPI series shows January inflation at 2.75%, revises basket and weights, impacting monetary policy signals.
The new CPI series rebased to 2024 (HCES 2023-24) expands the basket to 358 items, reweights components-notably lowering Food & Beverages to 36.75% and enlarging Housing to 17.67%-widens price collection across rural, urban and online markets, and reclassifies groups into a 12-category COICOP-aligned framework. Index values begin January 2025 with year on year comparability from January 2026 and a linking factor enables back-calculation; methodological changes aim to align inflation signals with current expenditure patterns and refine the basis for monetary and fiscal policy calibration.
February 12, 2026
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Money laundering probe alleges director diverted company funds through front entities, benami deals and forged documents causing large losses.
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February 12, 2026
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New CPI series updates base year to 2024, widens basket and recalibrates weights to better measure inflation.
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February 12, 2026
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Loan recovery rules require agent training, call recording, respectful conduct, background checks and restrictions on contact timing.
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February 12, 2026
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February 12, 2026
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New CPI series recalibrates weights and expands services and digital coverage to improve inflation measurement for policy use.
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February 12, 2026
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Intel's India-specific warranty policy deemed abusive of dominance; fined INR 27.38 crore and ordered to publicise withdrawal.
CCI held Intel dominant in the boxed desktop microprocessor market and found its India-specific warranty policy discriminatory and limiting of parallel imports, causing an appreciable adverse effect on competition under Section 4. The Commission imposed a reduced penalty of INR 27.38 crores after considering mitigation including policy withdrawal and directed Intel to publicise the withdrawal and submit a compliance report.
February 12, 2026
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Samsung Galaxy F70e 5G available with Bajaj Finserv Easy EMIs offering flexible tenures and zero down payment.
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February 12, 2026
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India garment duty access: apparel made with US yarn or cotton to qualify for duty concessions under an interim trade pact.
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February 12, 2026
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February 12, 2026
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SPJIMR launches PGPDM Batch 27 to build development sector leaders with diverse, practice focused training and RBI emphasis on intermediaries.
SPJIMR launched Batch 27 of its PGPDM, a 37 member, gender balanced cohort emphasizing practice oriented learning and capacity building for development sector leadership. The programme highlights the importance of capable intermediaries to bridge government, business and society-critical to MSME promotion and entrepreneurial support-and is positioned as the only Indian development management programme with triple international accreditation.

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AAP leaders hold protest against Cong's Bajwa for his remarks on Punjab minister

February 9, 2026

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Chandigarh, Feb 9 (PTI) The AAP held a protest here on Monday against Partap Singh Bajwa’s alleged remark against Cabinet Minister Harbhajan Singh, with the opposition leader terming the ruling party's agitation as "theatrics" and questioning their priorities.

Chandigarh Police used a water cannon on AAP workers who were trying to force their way through barricades to head towards the residence of Bajwa to protest his alleged objectionable remarks.

Punjab State Scheduled Castes Commission chairman Jasvir Singh Garhi took suo motu notice of Bajwa's remark and sought a report from the Amritsar (Rural) senior superintendent of police in the matter by February 11.

Bajwa, who is the Leader of Opposition in the Punjab Legislative Assembly, has also been summoned on February 11 to give his explanation regarding his remark.

While accusing minister Harbhajan Singh of indulging in corruption, he had said the Congress would take him to task after it forms the government.

"Jehra pehle band vajaanda reha, ehda band asin vajaavange (We will take him (Harbhajan Singh) to task who used to be a band player)," Bajwa had said.

A heavy police force was deployed outside the Punjab MLA hostel in Sector-4 to prevent protesting AAP leaders and workers from heading towards the residence of Bajwa. The AAP had called for a protest outside his house in Sector-8.

The ruling party also arranged a traditional wedding band that played their musical instruments during the protest for his remarks against the Public Works Department Minister in a rally.

Later, Aam Aadmi Party (AAP) leaders, including Finance Minister Harpal Singh Cheema, Cabinet ministers Mohinder Bhagat, Ravjot Singh, MLA Amansher Singh and other leaders and party workers, were detained by the Chandigarh police.

The Public Works Department minister has said it was unfortunate that a senior party leader made such a remark. He said he was proud to be a "son of the bandwale." The AAP had accused the Congress party of having an "anti-Dalit" mindset and asked Bajwa to apologise within 24 hours, failing which strict legal action will be taken.

During the protest, Minister Harbhajan Singh said mocking honest, hard-earned livelihoods was shameful.

Making fun of the honest work done by someone's father and degrading an entire community was deeply disgraceful, he had said.

The minister said that his father was a band master who educated his children through sheer hard work.

"I studied in a government school and reached here based on my own merit. Bajwa Sahib is saying that 'we will play the band of a band player's son.' We have worked hard. This insult is not just mine, but of every poor family that educates its children through honest earnings," he said.

Singh also targeted Punjab Congress chief Amrinder Singh Raja Warring and said that on one hand, Congress leaders spoke about law and order, and on the other hand, in rallies, they openly issued "threats".

Surinder Kaur, wife of minister Harbhajan Singh, said the leader of opposition made "vulgar" remarks on their family's profession and belittled honest work by mocking band playing.

Finance Minister Harpal Singh Cheema said Congress, Akali Dal, and BJP-like parties had always promoted "dynastic politics", where only a few families ruled.

"The AAP had broken this tradition by bringing educated youth from ordinary homes into the assembly and the Cabinet.

He said the protest aimed to expose the mindset of those who hated Dalits while sitting inside grand palaces," he asserted.

Meanwhile, Bajwa expressed serious concern over what he described as the "misplaced priorities" of the Aam Aadmi Party (AAP) government, following its protest.

Reacting to the demonstration, he said it was surprising that senior members of the state government, including the finance minister, appeared to have ample time for "political theatrics" instead of addressing the pressing governance and financial challenges confronting Punjab.

He emphasised that at a time when the state is grappling with "mounting fiscal pressures and economic uncertainty", the government's foremost responsibility should be to restore financial stability and ensure effective administration.

Bajwa said that the people of Punjab expect their government to focus on development, public welfare, and strengthening the state's economy rather than engaging in what he termed "non-issues" for political mileage.

He underscored that responsible governance requires sustained attention to policy implementation, fiscal discipline, and long-term planning, not symbolic protests or staged political activities.

Clarifying his earlier remarks, Bajwa categorically rejected allegations that his comments were caste-specific or directed at any particular community.

He explained that his statements were made in a general context and openly, with party leader and All India Congress Committee (AICC) Secretary Sukhwinder Singh Danny Bandala present at the time.

He added that if such protests genuinely improve the lives of Punjabis or contribute to their safety and prosperity, the government is free to continue them daily. PTI CHS OZ OZ

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