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    Rupee slips 1 paisa to 90.67 against US dollar in early session
    Cabinet approves three multitracking projects covering 12 Districts across the states of Delhi, Haryana, Maharashtra and Karnataka, increasing the exi...
    Cabinet approves Startup India Fund of Funds 2.0 to Mobilize Venture Capital for India’s Startup Ecosystem
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February 16, 2026
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Currency depreciation driven by FII outflows and a stronger dollar, pressured further by declining forex reserves.
The rupee weakened to 90.67 against the US dollar amid FII outflows and a stronger dollar, with rising crude prices and a notable weekly decline in forex reserves cited as contributing factors; market commentary noted narrow intraday trading and flagged impending trade balance data as potentially influential.
February 16, 2026
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Rail network expansion approved to add multitrack capacity, boost freight movement and reduce emissions while improving regional connectivity.
Cabinet approved three multitracking projects (Kasara-Manmad, Delhi-Ambala, Ballari-Hosapete) under PM Gati Shakti to add third and fourth lines across 12 districts, increasing the rail network by about 389 km at an estimated combined cost of Rs 18,509 crore through 2030-31. The works are projected to generate about 265 lakh human days of construction employment, augment freight capacity by 96 MTPA, improve connectivity to roughly 3,902 villages (population ~97 lakh), reduce logistics costs and oil imports, and lower CO2 emissions for more sustainable rail operations.
February 16, 2026
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Venture capital mobilisation for startups to prioritise deep tech, early growth support, and regional investment across the country.
The Startup India Fund of Funds 2.0 establishes a government-backed corpus to mobilize long-term domestic venture capital, strengthen the domestic venture capital base by supporting smaller funds and AIFs, and address capital gaps. The Scheme prioritises deep tech and tech-driven innovative manufacturing, supports early-growth stage founders to reduce funding shortfalls, and promotes national reach to crowd in private investment beyond major metropolitan centres.
February 16, 2026
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Credit to G.D.P. ratio reform to expand financing and make financial institutions more agile for national development.
The Department of Financial Services convened a policy shivir to solicit strategic reforms to align banking and financial services with Viksit Bharat@2047, focusing on enhancing the Credit to G.D.P. ratio, increasing agility of public financial institutions, deploying new large scale financing mechanisms, deepening the bond market, reducing intermediation costs, strengthening banks' role in MSME financing, and promoting insurance and pension product innovation alongside financial inclusion and cyber security to build a more resilient financial system.
February 15, 2026
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Tax accountability: Allegations of fundraising and money laundering prompt calls to apply law and constitutional obligations to unregistered organisations.
Allegations focus on tax accountability and potential money laundering by an unregistered organisation receiving funds via a broad domestic and international network; the commentator demands that law and the Constitution apply equally, questions the source and treatment of donations described as "guru dakshina," and urges registration, disclosure and tax compliance along with scrutiny of cross border fundraising.
February 15, 2026
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Customs enforcement underscores trade facilitation, regulatory compliance and protection of taxpayers' rights amid vigilance-driven awards and recognition.
Customs enforcement in Kerala was emphasised as combining trade facilitation with statutory compliance, transparency, and protection of taxpayers' rights, with priorities including anti-smuggling vigilance, modernisation, export promotion, and international cooperation to support lawful cross-border trade.
February 15, 2026
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Trade deal transparency: interim agreement may expose agricultural sovereignty and pressure policy on imports, GM crops, and procurement.
The India-US interim trade deal is criticised for risks to agricultural sovereignty through import liberalisation of DDGs and potential GM soy oil, which may increase feed dependence and expose soy and pulse producers to price shocks; concerns also target non-trade barrier concessions and quota-based duty relief as mechanisms that could pressure relaxation of GM regulations, procurement policies, and MSPs, while alleged tariff asymmetries may harm cotton farmers and the textile export sector.
February 15, 2026
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Trade agreements and Budget incentives seek to expand market access and compel private investment in innovation and capacity.
The policy framework relies on expanded free trade agreements to improve exporters' access and on a Budget focused on productive capital outlays and incentives to strengthen manufacturing, value addition, skills and scale. The state provides tariff preferences and fiscal incentives, while explicit expectations are placed on the private sector to invest aggressively in R&D, frontier technologies, supply-chain capabilities and productivity. Equitable sharing of productivity gains-through rising real wages, skill upgrading and stable employment-is presented as essential to sustain domestic demand and long-term investment. Budget incentives for digital infrastructure and data centres aim to position the country as a global hub for AI and data.
February 15, 2026
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Minimum sustainable price mechanism sought to align tea production costs with prices; calls for subsidies, tariff relief, import monitoring.
Planters seek a minimum sustainable price mechanism to align production costs and price realisation, expedited release of pending Tea Board subsidies, interest subvention on working capital loans, and access to agricultural schemes. They also request lower power tariffs and implementation of West Bengal solar provisions, financial incentives for specialty production and machinery upgrades, and stricter monitoring of cheap imports and mislabelling to protect quality and export credibility.
February 15, 2026
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Unique land parcel identifier to standardize property records and reduce boundary disputes through georeferenced mapping.
The Delhi government is assigning a Unique Land Parcel Identification Number (ULPIN or Bhu Aadhaar) to each land parcel using drone surveys and high resolution geospatial imaging to produce geo referenced identifiers for accurate parcel delineation. The revenue department's IT branch, supported by the Survey of India, will implement the system in phased rollouts under a standard operating procedure to centralise land records, enhance transparency, prevent fraudulent transactions and simplify citizen access to property information.
February 15, 2026
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Agricultural sovereignty under threat from interim trade deal; questions raised over GM imports, market access, and procurement safeguards.
Allegations that the India-US interim trade deal compromises agricultural sovereignty by allowing imports such as DDG from GM corn and GM soy oil, potentially displacing domestic producers and creating dependency. The statement questions vague references to "additional products" and removal of "non trade barriers," warning these could open pulses and other crops to imports and pressure India to relax positions on GM crops, procurement, MSPs and bonuses. It also asserts the deal disadvantages cotton farmers and textile exporters and demands clarity and safeguards on covered products and protections.
February 15, 2026
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Trade agreement protections reassure farmers and dairy sectors amid tariff reductions and EU FTA negotiations.
Government statements assert that recent trade agreements and tariff adjustments include agricultural safeguards and explicit protections for the dairy sector, assuring farmers, cattle rearers and fishermen that their interests are preserved. The summary notes completed negotiations on a proposed free trade agreement with a major trading bloc and a contemporaneous tariff reduction as components of the trade policy framework, amid political dispute over the agreements' implications.
February 14, 2026
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Political hypocrisy over communal representation: attack on a Muslim mayor criticized as incitement and double standards.
Shiv Sena (UBT) calls the BJP's attack on Syed Iqbal's election as Parbhani mayor political hypocrisy and communal bias, asserting Iqbal attained office through loyalty and noting Muslim officeholders within BJP-led bodies to rebut claims that his mayoralty threatens communal balance.
February 14, 2026
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Investor verification promoted through mobile auto-rickshaw campaign to encourage routine SEBI Check before securities-related payments.
SEBI, with NSDL, launched a multi-city auto-rickshaw campaign urging routine Investor Verification via a SEBI Check before securities-related payments, focusing on verification of UPI IDs, bank details and intermediary registration credentials and providing QR access to the SEBI Check portal, SEBI Saathi app and SEBI Investor website for authentication and investor education.
February 14, 2026
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Tariff discrimination threatens cotton farmers and textile exporters by conditioning zero-duty access on importing US cotton.
Allegations concern an interim India-US trade arrangement that gives a third country conditional zero duty access for garments if they import American cotton while Indian exporters face a higher tariff, creating a tariff differential that may pressure Indian textile firms to source foreign cotton, undermine domestic cotton producers, and risk market diversion away from Indian cotton.
February 14, 2026
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Interim trade agreement expands energy coverage to secure competitive crude supplies and reduces tariffs to boost bilateral trade.
An interim trade agreement framework between India and the United States will include India's energy requirements and tariff adjustments to diversify suppliers, enhance supply security and obtain more competitive pricing. The framework contemplates US tariff reductions on specified Indian goods and India cutting or eliminating import duties on US industrial and agricultural products to expand market access, support infrastructure and distribution procurement, secure coking coal supplies for steel expansion, and facilitate growth in the information technology sector through access to advanced equipment.
February 14, 2026
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Trade agreement benefits: tariff reductions and market access touted as boosting textile exports and supporting cotton growers.
The minister defended recent trade engagement as opening market access for Indian textiles, asserting reciprocal tariff reductions under recent agreements will enhance export competitiveness and grant zero-duty access to several markets, thereby benefiting the textile sector and cotton growers; he characterised processing imported material for export as an established global trade practice and said national cotton demand and cultivation capacity will expand.
February 14, 2026
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Labour standards under free trade agreement debated at international moot to build trade law advocacy and capacity.
An international moot organised by CTIL and Bennett University under the WTO Chairs Programme focused on alleged violations of labour standards and occupational safety obligations under a Free Trade Agreement following an industrial accident, with evaluations by legal, academic and policy experts and emphasis on capacity building in international trade law.
February 14, 2026
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Tribunal leadership change: president demits office amid administrative reforms credited with substantially improved case resolution.
Chief Justice (Retd.) Ramalingam Sudhakar demitted office as President of the National Company Law Tribunal after a tenure that advanced administrative and infrastructural reforms; during this period the Tribunal disposed of over 48,000 of approximately 54,800 instituted matters, yielding a reported resolution rate exceeding eighty five percent and reflecting improved case management in corporate and insolvency proceedings.
February 14, 2026
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Input tax credit fraud exposed; director arrested after probe finds bogus suppliers and inadmissible credits used to discharge tax liabilities.
Investigation by the Anti Evasion Branch found that the company availed inadmissible Input Tax Credit on the basis of invoices from bogus or non functional suppliers, and without actual receipt of goods, using those credits to discharge GST liabilities in contravention of the Central Goods and Services Tax Act, 2017; a company director was arrested and remanded while the probe to trace fund flows and other beneficiaries continues.

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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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