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    IICA Renews MoU with NALSAR University of Law to Strengthen Academic Collaboration and Capacity Building
    IICA Constitutes High-Level Advisory Group on Ease of Doing Business under the Chairmanship of DG & CEO
    Release of Report of the ‘Sub-Committee on Methodological Improvements' in 2022-23 series of National Accounts
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February 19, 2026
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Memorandum of Understanding renewal strengthens academic collaboration, joint research, faculty exchanges and capacity building between institutions.
Memorandum of Understanding renewal establishes a five-year institutional framework for academic collaboration between IICA and NALSAR, formalising faculty and student exchanges, joint research and publications, expert advisory services, and the organisation of workshops, seminars and conferences; it consolidates a two-year residential LL.M. programme in Insolvency and Bankruptcy Laws combining academic instruction and industry exposure.
February 19, 2026
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Ease of Doing Business reforms to rationalise e-forms and streamline corporate compliance through digital governance and consultations.
A high-level Advisory Group on Ease of Doing Business will recommend measures to rationalise e-forms and simplify corporate compliance under the Companies Act by reducing duplicative filings through consolidation, automation and event-based processing, develop an Integrated Form Blueprint and a phased implementation roadmap, conduct stakeholder consultations and impact assessments, and propose draft amendments to support a modern, transparent, technology-driven corporate regulatory framework; the School of Business Environment, IICA, will serve as Secretariat and a research MoU with the Ministry will produce evidence-based recommendations.
February 19, 2026
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National accounts methodology revised to adopt new data sources and updated compilation methods aligning quarterly and annual estimates.
Revision of national accounts introduces new administrative and survey data, disaggregated modeling, and updated rates to improve sectoral estimates. Corporate sector changes include activity wise revenue splitting and disaggregated Paid up Capital multipliers; government estimates add imputed housing services and wider coverage; household estimates move to annual direct estimation using specific surveys. PFCE uses a mixed survey/production/commodity flow approach with COICOP 2018, and quarterly benchmarking adopts Denton proportional benchmarking to align QNA with annual accounts.
February 19, 2026
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Trade tariffs nullified by national economic strength - call for self-reliance and firmness in external trade relations.
India's prospective leadership of the Global South and economic self-reliance were foregrounded, asserting that strengthened national capacity will nullify the effect of external tariffs and reduce foreign leverage. The speaker urged firmness in trade relations, linked social harmony and a shared Hindu identity to national unity, advocated moving temple administration from government control to devotees, and highlighted village-level development work including education, dispute resolution, land access, and local employment.
February 18, 2026
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Sovereign energy policy: India's continued purchase of Russian hydrocarbons seen as mutually beneficial despite US claims.
Russia's Foreign Ministry states it has no reason to believe India has changed its position on purchasing Russian hydrocarbons, asserting such purchases are mutually beneficial and help maintain international energy market stability. The statement rebuts US claims that India agreed to stop importing Russian crude, notes that India has not confirmed Washington's assertion, and characterises previous US actions - tariffs, sanctions and prohibitions - as coercive measures intended to dissuade countries from buying Russian oil.
February 18, 2026
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India-EU free trade agreement accelerates strategic economic and technological cooperation, enabling enhanced talent mobility and digital collaboration.
Prime Minister Modi and Estonian President Karis affirmed that the India-EU free trade agreement will act as a catalyst for deeper economic partnership and committed to leveraging it to expand trade and investment linkages, while intensifying cooperation in AI, digitalisation, e-governance, cybersecurity, startups, skilling, talent mobility, tourism, and clean energy collaboration.
February 18, 2026
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Provisional attachment under PMLA of overseas deposits linked to a real money gaming app for alleged money laundering and algorithmic manipulation.
The Enforcement Directorate issued a provisional order under the Prevention of Money Laundering Act to attach overseas bank deposits held in the names of alleged shell companies linked to Winzo Pvt Ltd, operated and controlled by its promoters, as part of a money laundering investigation into the real money gaming business alleging use of BOTs/AI and restrictions on customer withdrawals; a chargesheet has been filed and cumulative attachments have been reported.
February 18, 2026
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Fugitive economic offender status challenged as absence due to passport revocation and UK travel prohibition.
The petitioner challenges his designation as a fugitive economic offender and the constitutional validity of the Fugitive Economic Offenders Act, asserting he cannot specify a return date because his Indian passport was revoked and English and Welsh court orders prohibit him from leaving; counsel contends absence stems from international legal constraints and need not bar the High Court from hearing the petitions. The bench directed the Union government to file its reply and posted the matter for further hearing.
February 18, 2026
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Provisional attachment under PMLA used to secure asset linked to alleged investor cheating and diverted endorsement proceeds.
Provisional attachment under the Prevention of Money Laundering Act was used to secure an immovable property in Kerala linked to proceeds allegedly generated through cheating by an online bidding application, with investigators tracing diverted funds to celebrity endorsement payments, cryptocurrency trading losses and personal expenses and issuing a provisional order to preserve the property equivalent to the identified proceeds.
February 18, 2026
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Free trade agreement momentum boosted as leaders discuss cooperation across technology, shipbuilding and corridor connectivity.
Leaders focused on strengthening bilateral ties by promoting a Free Trade Agreement and enhancing cooperation in technology, innovation, shipbuilding, blue economy, and connectivity via the India Middle East Europe Economic Corridor. Croatia flagged increased trade and opportunities in logistics, maritime transport, digital transformation, defence and security, and emphasised its gateway role linking the Three Seas Initiative with the IMEC corridor. The visit occurred alongside the AI Impact Summit, framing AI's policy relevance to these economic agendas.
February 18, 2026
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Merger approval: consolidation of an NBFC's asset finance business into an inactive holding entity cleared, detailed regulatory order to follow.
The Competition Commission approved the proposed merger of Hinduja Leyland Finance Limited into NDL Ventures Limited, enabling consolidation of Hinduja Leyland Finance's asset finance activities-small ticket retail and vehicle loans, loan against property and housing loans-into NDL Ventures, which presently has no active business; a detailed regulatory order and any conditions will follow.
February 18, 2026
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Competition approval for internal reorganisation permits transfer of specified BCCL businesses to newly formed THPL on going concern basis.
Competition Commission approval granted for an internal reorganisation by Bennett Coleman & Company Limited to demerge and transfer specified entities, businesses, undertakings, assets and liabilities (EIBME Business) into newly incorporated Times Horizon Private Limited on a going concern basis, with further detailed order to follow.
February 18, 2026
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Competition approval for acquisition of portfolio management services business, consolidating PMS activities under an asset manager.
The Competition Commission of India has approved an acquisition in which Axis Asset Management Company Limited will acquire the portfolio management services business of Axis Securities Limited in India. The Acquirer manages a mutual fund business, provides portfolio management services, and manages alternative investment funds across Category II and Category III; the Target Business comprises the Transferor's portfolio management services in India. A detailed order will follow.
February 18, 2026
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Teacher eligibility requirement: temporary pay preserved for affected teachers pending K-TET compliance within the prescribed compliance period.
Following the court's removal of a pre-existing exemption, the State will grant temporary pay-scale approval to teachers appointed before the ruling's effective date provided they clear K-TET within the prescribed compliance period; equivalent qualifications are accepted and promotions will be considered after legal advice. The State will also re-fix posts to include students with Aadhaar EIDs or pending corrections to remedy staff losses caused by Aadhaar data discrepancies.
February 18, 2026
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Agricultural innovation investment roadmap drives company expansion into exports, joint ventures and multiyear seed R&D projects.
Indo US Bio-Tech Limited's roadmap commits to phased investments in infrastructure, capacity and crop-specific multi-year R&D through 2030-31, including a high-tech greenhouse, a 5,000 sq. ft. seed processing plant with dedicated machinery, processing capacity modernization, a joint venture groundnut seed plant, and multiple staged tomato, bottle gourd, chilli and brinjal breeding and commercialization projects, alongside a strategic export push into the US and African markets with staged pilot-to-full-scale operations.
February 18, 2026
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Aadhaar linkage: Delhi mandates household Aadhaar for online ration card applications, with verification and eligibility checks.
Delhi mandates online applications via the e-district portal for new ration cards with Aadhaar numbers for all family members and supporting residence and income documentation. Food supply officers will scrutinise and verify applications, forwarding eligible cases to assistant commissioners and a district-level committee which applies Delhi Food Security Rules, 2026 and the SOP, enforces exclusion criteria, prioritises needy applicants, maintains a waiting list, and routes appeals to the Public Grievance Commission as State Food Commission.
February 18, 2026
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Fugitive economic offender status limits challengeability while the declared person is legally barred from leaving a foreign jurisdiction.
This matter concerns a challenge to a declaration under the Fugitive Economic Offenders regime and a constitutional challenge to the Act, where the petitioner states he cannot return because his Indian passport was revoked and English and Welsh orders bar his departure, and the court has invited the government to reply while indicating it will not hear the challenge to the declaration until the petitioner returns.
February 18, 2026
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Trade agreements driving investment: operationalising TEPA and sectoral cooperation to convert agreements into industrial collaboration and investments.
India emphasises an expanding trade architecture providing a durable framework for trade, industrial collaboration and long-term investments, supported by domestic regulatory and budgetary reforms to ease compliance. Discussions focused on operationalising the TEPA with the European Free Trade Association (EFTA) and on sectoral cooperation in renewables, carbon capture, rare earths, green tech, maritime, fisheries, semiconductors and financial services, with presentations outlining bilateral investment potential and mechanisms to translate agreements into practical cooperation.
February 18, 2026
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Anticipatory bail denial in money laundering probe tied to cyber fraud highlights custodial interrogation necessity.
Refusal of anticipatory bail to a chartered accountant in a PMLA investigation stemmed from an alleged intricate mesh of laundering involving layering through thousands of mule accounts, use of an overseas payment platform and cross border cash withdrawals; the high court held custodial interrogation necessary to unravel transactions crafted by skilled professionals and to secure electronic evidence, distinguishing ordinary cryptocurrency dealings from an organised scheme to siphon investors' funds and noting allegations of assault, bribery and destruction of electronic material.
February 18, 2026
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India-EU Free Trade Agreement expands economic ties and drives technology, defence and education cooperation across Europe and India.
The India EU Free Trade Agreement is presented as the principal catalyst for deeper India-Europe economic relations, expected to expand market access and commercial opportunities. Bilateral meetings with Spain and Finland focused on leveraging the FTA to strengthen economic partnership and targeted cooperation in defence, security, advanced technologies (including AI and 6G), clean energy and higher education, while India's AI Expo serves as a platform to operationalise joint technology, startup and institutional collaboration.

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Biokraft Foods Hosts 'What We Eat, What We Become' Panel Discussion in the Run-Up to Mumbai Climate Week

February 10, 2026

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Food, biodiversity, and climate voices come together at Mumbai Climate Week through an event hosted by Biokraft Foods in collaboration with Project Mumbai MUMBAI, India, Feb. 10, 2026 /PRNewswire/ -- Biokraft Foods, in collaboration with Project Mumbai, hosted What We Eat, What We Become, a panel discussion and networking event during Mumbai Climate Week at 3 Art House. The session brought together food founders, climate practitioners, and conservation voices to explore how everyday food choices connect to emissions, biodiversity, waste, and urban food access. Mumbai Climate Week (MCW) Logo The discussion, moderated by Kamalnayan Tibrewal, focused on practical, speaker-led insights from across the food and climate ecosystem. Siddhant Padte and Ajinkya More, co-founders of Nude Food Cafe, spoke about conscious dining in urban India. Drawing from their experience building a zero-waste restaurant, they discussed how sustainable sourcing, minimal-waste kitchens, and mindful menu design can reduce environmental impact while keeping food familiar and enjoyable. "Today sustainability has become a cliché. Everyone uses the word, but at its core it is very simple; it is about being mindful. When we started looking at how much food ends up in landfills, especially in a country where many people still sleep hungry, it forced us to rethink our approach to dining. Nude Food Cafe was built from that realization. We work from back to front, always keeping the bin in mind, refusing single-use packaging, reducing waste in our kitchens, and reusing wherever possible. The idea was to build a cafe with purpose and show that even small, individual actions can make a real difference," said Padte, Co-Founder of Nude Food Cafe. Ajinkya More, Co-Founder, Nude Food Cafe, further added, "We have noticed that people understand and value a dish much more when they know the ingredients behind it. Today, diners are more curious about what they are eating, where it comes from, and how it is sourced. When consumers start asking questions, sustainability becomes a shared effort between the kitchen, the farmer, and the table." Dipal Damania, Co-founder of Naturefuture, spoke about the link between biodiversity and the food systems that sustain cities. She explained how diverse ecosystems support soil health, climate resilience, all of which directly affect what and how we grow and eat. She emphasized that combining scientific insight with local knowledge and community action can help protect native species and strengthen food security. "When ecosystems are disrupted, the consequences show up in our food and our health. We have seen how the loss of species can lead to disease outbreaks and ecological imbalance. Eating local and seasonal foods, and respecting natural cycles, is one of the simplest ways to support biodiversity and build resilient food systems," said Damania. Aromi Salot, Mumbai Climate Party Chapter Head and Nature & Impact Data Expert, spoke about the importance of credible, measurable climate action. She highlighted how data can help individuals and communities understand the real impact of their food choices, while also shaping more informed, youth-led climate solutions in cities. "Climate action is not just about individual habits, it is also about community systems. When people understand where their waste goes, how their food choices affect emissions, and when they see the data, they begin to act differently. Data helps turn good intentions into measurable impact," explained Salot. Nirmal Topiwala, Founder of Re, brought a practical, behaviour-driven perspective to the discussion, focusing on everyday actions that can reduce environmental impact and the role of youth and evidence-based thinking in shaping credible climate action. He further added, "If we are using resources from nature, we have a responsibility to give something back. Real change starts with small, mindful actions in daily life. When millions of people take those small steps together, the impact becomes powerful." Kamalnayan Tibrewal, Founder of Biokraft Foods and moderator of the session, spoke about the role of food technology and innovation in easing pressure on land, water, and animals. He highlighted cultivated meat and other emerging food solutions as practical tools to improve food security and environmental outcomes without requiring drastic changes to cultural food habits. "Food innovation can help us reduce pressure on land, water, and animals without asking people to give up the foods they love. Technologies like cultivated meat offer a way to meet growing demand while improving environmental outcomes and food security," said Tibrewal. A central takeaway from the panel was that cities like Mumbai can lead climate action through everyday consumption decisions, starting with what is on the plate. Following the discussion, attendees participated in a networking session and a cultivated chicken tasting. The tasting featured a dish prepared by Biokraft Foods' NPD Chef, Demetrius D'Souza, offering guests a first-hand experience of how food innovation can move from concept to plate. The event reflected the central idea behind What We Eat, What We Become, that food is not just a daily choice, but a reflection of the futures being built. By bringing together voices from restaurants, conservation, data, and food innovation, the session showed how what ends up on the plate shapes personal health, urban sustainability, and the wellbeing of the planet. Panelists Aromi Salot, Mumbai Climate Party Chapter Head and Nature & Impact Data Expert Dipal Damania, Co-founder, Naturefuture Nirmal Topiwala, Founder, Re Siddhant Padte, Co-Founder, Nude Food Cafe Ajinkya More, Co-Founder, Nude Food Cafe Moderator: Kamalnayan Tibrewal, Founder, Biokraft Foods Social Media: https://in.linkedin.com/company/biokraft-foods | https://www.instagram.com/biokraftfoodsindia About Biokraft Foods Founded by Kamalnayan Tibrewal, Biokraft Foods is a Mumbai-based biotech startup at the intersection of food science, sustainability, and innovation. The company is among the first in India to develop cultivated chicken using advanced 3D bioprinting and tissue engineering, offering a real meat alternative without animal farming. For more information on Biokraft Foods, kindly refer to the Press Kit_Biokraft Foods. About Mumbai Climate Week Mumbai Climate Week (MCW) , scheduled for February 17–19, 2026, marks India's first platform dedicated to accelerating climate action, empowering Mumbai, India, and the Global South to develop transformative, citizen-driven climate action. The initiative aims to connect local innovation with broader Global South priorities, mobilizing organizations, communities, and entrepreneurs to drive impactful climate action. Logo: https://mma.prnewswire.com/media/2831726/5737009/MCW_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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