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    Supreme Court decision against Trump's tariffs raises uncertainty, but markets stay calm
    Too early to comment on US tariff changes; commerce ministry reviewing situation: Sitharaman
    RBI watching development around IDFC First Bank fraud, no systemic issue: Guv Malhotra
    HC quashes order staying proceedings against Anil Ambani to classify his bank accounts as fraud
    US futures, bitcoin fall, Asian markets mixed after Supreme Court nixes Trump's tariffs
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February 23, 2026
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Emergency powers ruling overturns IEEPA-based tariffs, prompting alternative trade-law tariffs and international uncertainty over trade arrangements.
A high-court decision invalidated tariffs imposed under the International Emergency Economic Powers Act, leading the administration to propose replacement duties under an alternative trade statute. The shift raises questions about US tariff authority, potential refunds for taxes collected under the invalidated measures, and the stability of negotiated trade arrangements, while affected trading partners pursue assessments and diplomatic consultations to mitigate harm to exporters.
February 23, 2026
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Trade policy uncertainty after external tariff changes prompts review and rescheduling of bilateral negotiators' meeting.
Commerce ministry is reviewing recent foreign tariff changes and their impact on trade negotiations; the Finance Minister said it is too early to comment and that the negotiating delegation must decide timing for further talks. A planned meeting of chief negotiators to finalise an interim trade pact was rescheduled, and the ministry's Joint Secretary, Darpan Jain, is India's chief negotiator. The government affirmed it will continue pursuing bilateral and regional trade agreements to expand market access.
February 23, 2026
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Bank fraud monitoring: RBI says it is overseeing an IDFC First Bank fraud and finds no systemic issue.
Reserve Bank of India is monitoring an alleged fraud at IDFC First Bank and has indicated no systemic issue. IDFC First Bank disclosed the fraud involved certain employees and others at a Chandigarh branch affecting a specific set of Haryana government-linked accounts, and said the misconduct is confined to those government accounts and does not extend to other customers of the branch.
February 23, 2026
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Forensic audit validity confirmed, enabling banks to proceed with fraud account classification after a higher court quashed a prior interim stay.
Division bench overturned a single-judge interim stay that had restrained banks from classifying certain accounts as fraud, finding the stay illegal and perverse. The banks and an audit firm had appealed, asserting the forensic audit was legally valid and disclosed serious fund siphoning and misutilisation; the prior stay rested on challenges to the audit's compliance with RBI guidelines and the auditor's qualifications, which the division bench rejected.
February 23, 2026
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Tariff authority curtailed, prompting mixed market moves and heightened regulatory uncertainty across trade, crypto, and commodities.
The cancellation of broad presidential import levies removed a central trade policy instrument and prompted immediate market adjustments: equity futures fell, Asian indices were mixed, bitcoin dropped sharply, and precious metals rose. The incumbent plans alternative measures, including a global tariff via executive order and Commerce Department investigations, leaving trade policy and market expectations uncertain while growth, inflation, and corporate guidance continue to influence volatility.
February 23, 2026
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Illegality of presidential tariffs undermines executive tariff authority, prompting legal challenges and reshaping trade negotiation dynamics.
The judicial invalidation of the presidential tariff program undercuts executive unilateral tariff authority and invites legal challenges to successor emergency tariff measures, prompting reassessment of trade negotiations and reliance on discretionary tariffs without concrete balance of payments predicates.
February 23, 2026
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Index of Eight Core Industries shows overall growth, with cement and steel leading while oil and gas sectors decline.
The combined Index of Eight Core Industries rose provisionally by 4.0 per cent year on year in January 2026, with Cement, Steel, Electricity, Fertilizers and Coal recording positive monthly growth while Crude Oil and Natural Gas declined and Refinery Products remained unchanged. The cumulative April-January 2025-26 growth is reported as 2.8 per cent (provisional). The release provides industry weights, monthly and annual indices, notes that January data are provisional and December data final, and explains methodological inclusions and revision practice.
February 23, 2026
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Foreign exchange volatility: rupee strengthened after oil-led dollar weakness, while reserve gains and capital flows shape market risk.
The rupee strengthened in early trade due to lower global crude prices and a softer dollar amid tariff-related uncertainty, aided by a strong equity opening; persistent dollar-buying sentiment and foreign institutional outflows could reintroduce selling pressure. The Reserve Bank of India's rise in foreign exchange reserves to a record level is a material macroprudential indicator affecting market liquidity and perceived intervention capacity under FEMA and central bank reserve management frameworks.
February 23, 2026
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Supreme Court rejection of sweeping tariffs reshapes import-tax authority and prompts pursuit of alternative tariff mechanisms.
The Supreme Court struck down the majority of the President's broad import tariffs, prompting varied market reactions as investors repriced winners and losers; the administration announced alternative measures including an executive-order global tariff and use of Commerce Department trade-investigation authorities, preserving the prospect of import taxation while altering statutory mechanism and temporal limits.
February 22, 2026
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Sovereignty concerns over Indo US trade agreement; alleged tariff and procurement conditions threaten national, energy and data autonomy.
Allegations that an interim trade arrangement with the United States compromises national sovereignty and domestic interests by conceding tariff advantages and large import commitments, harming agriculture and industry. The pact is criticized for limiting energy procurement choices and creating dependency by discouraging purchases from alternative suppliers, thereby threatening energy security and raising inflationary pressure. Concerns also focus on obligations affecting data sovereignty, which are said to risk exposing sensitive data to foreign access.
February 22, 2026
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Trade commitments: EU urges US to honour agreed tariff ceiling and warns of anti-coercion countermeasures and uncertainty.
EU urges the United States to adhere to the trans Atlantic trade agreement and not exceed the agreed tariff ceiling, warning that unpredictable tariff changes harm trade stability and supply chains. The EU noted it may pause ratification and could deploy its Anti Coercion Instrument-permitting trade and investment restrictions, exclusions from public tenders, and limits on foreign direct investment-to defend its interests if commitments are not honoured.
February 22, 2026
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EU-India free trade agreement expands trade and AI cooperation and strengthens supply chain resilience pending final ratification.
The EU India Free Trade Agreement substantially liberalises tariffs across the majority of bilateral trade to expand market access, while prioritising cooperation on human centred artificial intelligence and promoting interdependent, resilient supply chains; the agreement is subject to final legal vetting and ratification before implementation.
February 22, 2026
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Digital fraud prevention: protect accounts by not sharing OTP or Aadhaar and using authorised re KYC channels.
Individuals must not share OTP, Aadhaar numbers, or bank account details and should change passwords regularly. KYC and re KYC are security measures that must be undertaken only via bank branches, official apps, or authorised platforms because criminals use fake calls, SMS and links to compromise accounts.
February 22, 2026
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PMLA enforcement targets accelerate investigations and timely prosecution filings, urging probes to finish within a short defined timeframe.
The Enforcement Directorate directed acceleration of PMLA prosecutions by increasing prosecution filings and concluding most investigations within one to two years, except in complex cases. Officers must exercise PMLA powers with caution, ensure legally sustainable attachments and penalties, and issue notices judiciously. Operational priorities include tracing illicit assets abroad, targeting misuse of trade channels and insolvency processes for laundering, prioritising digital arrest and cyber fraud work, checking illegal online gaming and share market manipulation, leveraging MLATs, Interpol and extradition, and completing pending FERA adjudications while addressing manpower, cooperation and valuation challenges.
February 22, 2026
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Trade tariffs altered by recent court ruling disrupt interim trade agreement negotiations and prompt rescheduling of chief negotiators' meeting.
The meeting of chief negotiators was postponed to permit assessment of a court ruling limiting executive tariff authority and subsequent US tariff adjustments, which have introduced uncertainty into agreed concessions under the interim trade framework. The framework must be converted into a legal instrument, but finalisation of the legal text and implementation timelines are deferred pending clarification of how additional US tariff layers will interact with existing Most Favoured Nation duties and the ultimate tariff treatment for the partner country.
February 22, 2026
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Data privacy: Appeals on platform data sharing penalty and consent safeguards to be heard, with government party added.
Appeals challenge a CCI penalty and limits on platform data sharing under privacy and competition law; an appellate tribunal removed a ban on advertising related data sharing but retained the penalty. The dispute centers on consent standards, protection of dependent or unaware users, and whether platform data aggregation creates market dominance. Procedural issues include interim directions, inclusion of the technology ministry as a party, and a cross appeal by the regulator against the tribunal's narrowing of remedies.
February 22, 2026
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Congressional authority over tariffs affirmed, but executive invoked temporary trade statute to impose new global import tax.
A majority of justices held that the power to levy tariffs is vested in Congress, voiding a major part of the presidential global tariff program; the President then invoked the Trade Act's temporary emergency authority to impose a new short-term global import tax, a provision never previously used this way, raising questions about the statute's reach and prompting political fallout, calls for consumer refunds, and intensified partisan divisions over trade policy.
February 21, 2026
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Tariff authority: President seeks to impose a higher global tariff using alternate legal powers after court rebuke.
The President seeks to impose a higher global tariff relying on alternative executive authority and statutory avenues requiring Commerce Department investigations, while a separate executive order established a temporary import tax limited in duration and contingent on legislative extension; this raises constitutional questions about the allocation of tariff-setting and taxation powers and uncertainty over funds already collected.
February 21, 2026
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Presidential tariff authority raised a temporary global import surcharge, altering trade deal dynamics and exemptions for critical goods.
The executive invoked trade act authority to impose a temporary global import surcharge, increasing a recently announced ad valorem levy and reserving the right to issue further legally permissible tariffs within a 150 day period; the proclamation excludes specified critical minerals, energy products, select agricultural goods, pharmaceuticals, certain electronics, passenger vehicles and aerospace products, and the surcharge is applied in addition to existing Most Favoured Nation import duties, affecting ongoing bilateral trade negotiations.
February 21, 2026
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Criminal breach of trust: bail denied due to complex fund diversion, risk of evidence tampering and undisclosed antecedents.
Refusal of bail rested on prima facie findings that the NBFC owner-director engaged in calculated, layered diversion of investor funds amounting to criminal breach of trust; investigation remained at a nascent stage with a complex money trail requiring forensic analysis and a real risk of evidence tampering, compounded by the applicant's non-disclosure of prior criminal antecedents and insufficient medical justification.

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Best Crypto to Buy Now Feb 2026: DeepSnitch AI’s 159 Percent Price Surge Fuels High Buying Volume as Siren Plummets, Analyst Warns Bitcoin Could Fall to USD 50K Before Finding True Bottom

February 10, 2026

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Despite Bitcoin’s recent uptick, some analysts have warned that the cryptocurrency’s bear market may not be over. One analyst noted that a “real bottom” could form when Bitcoin drops to $50,000. While the market awaits Bitcoin's next move, the price of DeepSnitch AI (DSNT) has increased to $0.03906. This translates to a 159% increase from the initial price of $0.0151.

The utility-based coin has captured the interest of investors seeking the best crypto to buy now with its AI utility and high growth potential. You can join the project now and use the four bonus codes to get more coins, which could be worth millions if the price increases to $1.

Bitcoin bear market not over as trader eyes $50k ‘real bottom’ Although Bitcoin has reclaimed the $70K level, several analysts remain unconvinced that the recent sell-off has ended. Independent analyst Filbfilb compared current price action with the 2022 bear market and warned that a true bottom has yet to form.

He cited the wide gap below the 50-week EMA near $95,300. Trader BitBull echoed the view, saying final capitulation has not occurred.

He suggested Bitcoin could fall below $50,000, a level where many spot ETF buyers would be underwater. Analyst Tony Severino also pointed to multiple indicators signalling that further downside and new lows remain likely.

Best crypto to buy now: Top three overlooked coins to consider 1. DeepSnitch AI (DSNT): The next crypto to 100X in 2026? DeepSnitch AI is one of the most interesting projects within the crypto sphere nowadays. Its presale expansion makes it one of the top cryptocurrencies to buy today among investors who want coins with utility and potential growth. In contrast to speculative tokens, its value proposition lies in the real-world use: democratizing access to institutional-grade AI tools.

DeepSnitch AI has five AI agents, which include SnitchGPT, SnitchScan, SnitchFeed, AuditSnitch, and SnitchCast. These agents automate key trading processes such as whale tracking, market monitoring, smart contract auditing, and real-time market sentiment decoding.

This is aimed at providing you with clear information on the direction of the market and how to position yourself. For forward-thinking individuals looking beyond mere hype, DeepSnitch AI stands out as the best crypto to buy now.

It is currently in the fifth stage of its presale and is valued at $0.03906. DeepSnitch AI has raised over $1.52M in funding and is drawing closer to the $2M mark.

It is rumored that DeepSnitch AI may be going public on exchanges soon, a move that could trigger a massive price increase. The current bonuses of 30%, 50%, 150%, and 300% makes it the best crypto to buy now and an excellent chance to accumulate more coins.

https://youtu.be/K6HGIhxrfsI 2. Siren price plummets after recent rally The Siren crypto is one of the trending coins this week. Per CoinGecko data, the Siren coin witnessed a massive spike on February 7, following news reports that it was one of the memecoins Changpeng Zhao burned.

The news sparked a massive increase in demand, pushing the Siren price to an all-time high of $0.36. However, the Siren coin price dropped to $0.092 as of February 9 but is still up 21.4% on the weekly chart. CoinCodex predicts that the Siren price may rally to $0.26 in the coming months.

3. Kapsa resumes uptick Kaspa could be one of the top cryptocurrencies to buy today as it regains positive momentum. CoinGecko data indicates that the Kaspa price has soared by 10.3% on the weekly timeframe.

The Kapsa price had dropped to a 2026 low of $0.026 before bulls intervened. As of February 9, the Kaspa coin was trading at $0.032.

Looking ahead, the altcoin has strong resistance at $0.035 and $0.040. If bulls maintain a continuous uptrend, the Kaspa price could rally to $0.095.

Final verdict Bitcoin's rebound to $70k feels more like a sigh of relief than a bullish roar. The underlying pressure from macroeconomic activities has not vanished.

Meanwhile, DeepSnitch AI emerges as the best crypto to buy now for over 100X-300X ROI. This powerhouse project is building unstoppable momentum from the ground up, raising over $1.52M in its ongoing presale.

Although the window is still open, the clock is ticking fast. You can get the DSNT coin at $0.03906 and use the bonus codes to get a huge return on your investment.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs 1. Which coin will boom in 2026? DeepSnitch AI might be the best crypto to buy now for huge returns in 2026 due to its low market cap and AI utility. Many traders believe the bullish presale figures position it as the next crypto to 100X.

2. Which coin will make me a millionaire in 2026? DeepSnitch AI is one of the cryptos that can turn you into a millionaire in 2026. The integration of AI applications and crypto enhances its chances of high adoption. This potential demand is expected to grow DeepSnitch AI by 1000X this year, which makes it one of the top cryptocurrencies to buy today.

3. Is it too late to invest in crypto? It is not too late to invest in crypto, but you must do proper research before doing so. Factors to consider include utility, mission, security, roadmap, and growth potential. DeepSnitch AI is one of the trending coins this week that you could consider. Due to its clear utility and low market cap, its price could soar by 100X-300X this quarter.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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