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    Department of Commerce convenes Stakeholder Consultation to ensure trade continuity amid evolving geopolitical developments
    CAD widens to USD 13.2 bn in Q3 on higher trade deficit: RBI
    Gross and Net GST revenue collections for the month of Feb, 2026
    Govt discusses potential impact of West Asia crisis on trade; ensures all facilitation
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    US futures, Asian shares open lower, oil prices soar as US and Israeli attack Iran
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March 2, 2026
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Trade continuity secured through coordinated facilitation and procedural flexibility to protect exporters and sustain EXIM logistics.
The Department of Commerce convened a multi stakeholder consultation to coordinate regulatory and operational measures for EXIM logistics amid geopolitical developments, focusing on real time monitoring of routing, capacity, surcharges and equipment availability, and strengthening facilitation at ports and ICDs to prevent congestion. The Government emphasised a facilitative, coordinated approach prioritising supply chain resilience and exporter interests, agreeing measures including procedural flexibility for export authorisations, Customs coordination for smooth clearance, financial and insurance engagement, and prioritisation of time sensitive export segments.
March 2, 2026
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Current account deficit rises due to widening trade deficit; services surplus partially offsets external imbalance.
Current account deficit widened to USD 13.2 billion in the December quarter, driven mainly by a larger merchandise trade deficit, while net services receipts rose and partially offset the deterioration; the April-December current account deficit moderated compared with the prior year, reflecting goods and services flow dynamics within the balance of payments.
March 2, 2026
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GST revenue collections: gross receipts, refunds and net receipts reported, with state settlements and cess treatment noted.
Statement of February 2026 GST revenues detailing gross receipts by CGST, SGST and IGST (domestic and import), reported refunds (domestic and export/ICEGATE) and resulting net GST revenue split into net domestic and net customs receipts. It separately reports compensation and import cess inflows and refunds, noting compensation cess remains transitory until loan liabilities are discharged. State/UT pre- and post-settlement SGST distributions and Apr-Feb collection breakdowns by Central and State formations are included for inter-year comparison.
March 2, 2026
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Trade facilitation measures to mitigate West Asia crisis impact on exports, including customs coordination and logistical support.
The consultation assessed risks to EXIM cargo flows from West Asian hostilities and committed a facilitative, coordinated response focused on preserving trade continuity. Agreed measures include real-time monitoring of routing, capacity, surcharges and equipment availability; strengthened port/ICD facilitation to avoid congestion; targeted support for time-sensitive exports such as perishables and pharmaceuticals; procedural flexibility for export authorisations in genuine disruption; Customs coordination for smooth clearance; and engagement with financial and insurance institutions to protect exporter interests, with emphasis on MSMEs and essential imports.
March 2, 2026
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Exchange rate pressure intensified as geopolitical conflict, crude price spikes and capital outflows pushed the currency lower despite central bank support.
Severe exchange rate pressure drove the rupee sharply lower amid geopolitical conflict, FII outflows and rising crude prices, increasing India's import bill vulnerability; the Reserve Bank of India's visible market presence capped deeper intraday depreciation while analysts warned that geopolitical developments, crude trends, capital flows and key US data will determine near term exchange rate direction.
March 2, 2026
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Genetic upgrade initiative boosts local mutton and wool production via import of elite sheep and goat breeds.
Importation of Romanov and Finn sheep and Boer and Swiss Alpine goats aims to implement a genetic upgrade of Jammu and Kashmir's small ruminant population to improve growth rates, carcass yield, reproductive efficiency and overall flock productivity. Imported germplasm will be multiplied at government breeding farms and progeny distributed to farmers in phases, with farmer-level distribution starting in the third quarter of 2026-27, as part of Project 24 under the Holistic Agriculture Development Programme alongside complementary livestock and rural productivity measures.
March 2, 2026
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Oil supply disruption risk drives markets as geopolitical attacks push energy prices up and equities downward.
Attacks on Iran caused equity declines and sharp rises in oil and gold as traders priced in disruption to energy flows through the Strait of Hormuz; sustained interruptions to Iranian exports and regional shipping could tighten global supply, elevate fuel and production costs, affect major importers' sourcing strategies, and influence inflation dynamics and central bank rate decisions.
March 2, 2026
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Manufacturing activity growth driven by stronger domestic demand despite slower export orders, prompting higher input buying and hiring.
Manufacturing activity accelerated to a four-month high as stronger domestic demand supported faster output growth and higher new business intakes; firms increased input purchasing, inventories and hiring. New export orders continued to slow, somewhat constraining employment creation. Cost pressures remained moderate, and forward-looking sentiment was positive with many manufacturers expecting higher output over the year ahead.
March 2, 2026
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Compliance with IS-17900 drives local manufacturing of advanced lift control systems, reducing import dependence and strengthening supply chains.
A Phase 1 manufacturing facility invests in local production of advanced lift electronic control systems designed to comply with IS-17900, reduce import dependency, and enable component to finished product localisation. The plant will operate automated PCB and semi automatic panel lines to produce MR, MRL and Slim Panels, emphasise controlled environment quality, IoT features, and support supply chain resilience and national industrial policy objectives under the Make in India framework.
March 2, 2026
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Reservation policy implementation strengthened across public financial institutions to improve accessibility and uniform compliance measures.
Strengthening institutional capacity for uniform implementation of the Government of India's reservation policy across public financial institutions and enhancing accessibility for Persons with Disabilities were the primary objectives. The programme combined a Sugamya Bharat sensitisation session on accessibility standards and compliance requirements, a roundtable on legal provisions and practical challenges, exchange of best practices, and an interactive question-and-answer session to identify operational measures for inclusivity, accessibility and reservation policy compliance.
March 2, 2026
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Deferred Customs Duty payment enables qualified manufacturers to clear imports and pay duties monthly, subject to compliance and eligibility.
A Deferred Customs Duty payment facility allows Eligible Manufacturer Importers to clear imports without immediate duty payment and to pay applicable customs duties monthly under the Deferred Payment of Import Duty Rules, 2016, subject to prescribed Customs and GST compliance, turnover, financial standing and track record; existing AEO T1 entities meeting eligibility may participate and applications are to be submitted via the AEO portal.
March 2, 2026
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Energy supply disruption risks trigger global market selloff and safe-haven flows, lifting oil and gold while bond yields fall.
Global markets moved to risk-off after US and Israeli attacks on Iran: equities opened lower while gold and government bonds rallied and oil prices surged on fears that strikes and incidents in the Strait of Hormuz could restrict oil and LNG exports, raising the prospect of higher energy and production costs; higher-than-expected wholesale inflation readings were identified as a factor that may affect the central bank's timing for interest-rate cuts.
March 2, 2026
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Rupee depreciation driven by crude price surge, dollar strength and foreign fund outflows pressures local currency lower.
Rupee depreciation in early trade reflected external pressures-higher crude prices, a stronger US dollar, and escalated Middle East tensions-compounded by negative domestic equity sentiment and significant foreign institutional outflows. Market indicators included a firmer dollar index, rising Brent crude futures, and a recent dip in forex reserves, while analysts warned of increased import bill risk due to India's reliance on fuel imports.
March 2, 2026
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Energy supply disruption threatens global oil flows, driving sharp price increases and straining fuel and goods markets worldwide.
Attacks and retaliatory strikes in the Middle East disrupted flows through the Strait of Hormuz and regional export infrastructure, triggering sharp crude price rises and heightened risk of sustained supply constraints; OPEC+ announced production increases, but analysts stress that constrained export routes limit the immediate effectiveness of added output.
March 2, 2026
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Maritime chokepoint security threatened, risking oil export disruptions and limiting the relief from increased production.
Attacks and military strikes in the Middle East disrupted maritime traffic through the Strait of Hormuz, risking restrictions on regional crude exports and driving upward pressure on oil and gasoline prices. Because the strait is a critical global oil chokepoint, market concerns focus on whether barrels can physically move; consequently, OPEC+ announcements of increased production may provide limited immediate relief if export routes remain constrained.
March 2, 2026
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Oil supply security: production increases meet limited relief when export routes through the Strait of Hormuz are disrupted.
OPEC+ announced an April increase in crude production intended to augment available supply while regional military attacks and disruptions to tanker movements - particularly through the Strait of Hormuz - threaten export routes. The notice underscores that interruptions to transit can limit the relief additional output provides and that access to export channels will be decisive for near-term market stability and price direction.
March 1, 2026
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Energy security measures cushion supply shocks but elevate price volatility and macroeconomic pressures for oil importers.
Escalating tensions around Iran and the Strait of Hormuz create near-term energy security risks for India manifested chiefly as price volatility and macroeconomic pressure rather than immediate physical shortages. Layered inventory buffers - commercial stocks, in transit cargoes and Strategic Petroleum Reserves - combined with diversified sourcing options (including Atlantic suppliers and Russian optionality) reduce the likelihood of sustained supply disruption, though longer transit times and LNG contractual rigidity limit rapid substitution and increase vulnerability to prolonged closures.
March 1, 2026
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GST revenue growth signals strengthened tax receipts driven by import collections and improved domestic sales affecting fiscal enforcement.
A court ordered continued judicial custody for eight alleged Lashkar-e-Taiba operatives accused of illegal entry and procuring forged identity documents while another court directed the immediate release of 14 student protesters arrested after a campus demonstration. Separately, gross Goods and Services Tax collections rose year-on-year, led by higher import receipts and improved domestic sales, reflecting stronger enforcement and compliance dynamics within the indirect tax regime.
March 1, 2026
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SGST growth reflects strengthened tax administration and compliance following GST rate rationalisation, bolstering state revenues.
Haryana reports marked year on year expansion in State Goods and Services Tax (SGST) receipts for 2025-26, attributing the improvement to strengthened tax administration, enhanced compliance stemming from departmental reforms and better tax analysis, facilitation via district GST Suvidha Kendras, and the GST Council's September 2025 rate rationalisation as complementary drivers of revenue growth.
March 1, 2026
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GST revenue growth maintained despite rate reductions; enhanced compliance and AI-driven analytics strengthened state collections effectively.
Andhra Pradesh achieves record net Goods and Services Tax receipts for February, with SGST and IGST growth offsetting marginal gross GST decline. Revenue momentum is supported by higher professional tax and petroleum VAT receipts. The state credits strengthened compliance-targeted audits, stricter return filing, coordinated IGST settlements, and performance based officer deployment-and advanced data analytics and AI oversight that detect evasion and reverse ineligible input tax credit claims for measurable recoveries.

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Best Crypto Presale: DeepSnitch AI Positioned for 100x Gains With USD 1.53M Raised, HEXY and HYPER Attract New Traders

February 11, 2026

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Michael Saylor’s Strategy restarted its BTC acquisition and expanded its holdings without dropping its cost basis. Although Strategy failed to capitalize on BTC’s drop to $60K, many believe that this could be the proof of conviction retail has been waiting for. Even though recovery is possible, many traders have chosen to focus their attention on early-stage ICOs. One of the most active projects was DeepSnitch AI, which secured $1.53M amid the recent downturn. Cited as the best crypto presale in 2026, DeepSnitch AI focuses on providing traders with a set of AI-powered prediction and analytics tools. Due to the mass appeal potential of the suite, many believe that a pump to 100x is possible after release. Strategy makes its first post-crash play According to a Monday SEC filing, Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, scooped up another 1.14K BTC last week for $90 million. The buys came at an average of $78.8K per coin. This is well above Bitcoin’s trading range, which briefly touched $60K on Coinbase Thursday before making a fast recovery. Overall, Strategy now holds 714K BTC, purchased for $54.35B at an average $76K per coin. While Strategy missed the dip, the $79K price kept the cost basis from dropping. This also marks the second time Strategy has bought above its average cost this cycle. Despite subpar optics, the purchase is considered a bullish sign by many as traders switch to the best crypto presale en masse to avoid short-term volatility. Best early investor opportunities of 2026 1. DeepSnitch AI: What makes DSNT the best crypto presale? The new week started with a slight bounce after seven days of chop. But is the storm really over? No matter how bearish the short-term prospects get, trending new ICOs may be your ticket to outsized gains. Case in point: DeepSnitch AI raised over $1.53M amid the turmoil. Cited as the best crypto presale by many, the DeepSnitch AI community doesn’t aim at 100x alone, but is actually going all in on the utility. The reasoning is quite simple. The prediction and analytics/suite promises to make your daily trades much easier and more consistent. For instance, pasting a CA into the native LLM-style interface provides you with everything you need to know about the token, including its risk score, red flags, and its breakout potential. Not just that, but since the suite utilizes five AI agents, it “casts” a wide net and can even be used to anticipate sentiment shifts and FUD storms before they wreck your potential bag. The DSNT token is priced at $0.03906, and adding it to your presale crypto calendar right now could be extra lucrative due to the recently rolled out exclusive DeepSnitch AI bonus codes that provide as much as 300% on large allocations. https://youtu.be/PbMZo6oKFZU 2. Bitcoin Hyper: The new king of L2s? Similar to DeepSnitch AI, Bitcoin Hyper has its share of fans claiming it’s the best crypto presale. This narrative certainly holds weight, considering the utility is actually useful. The project tackles Bitcoin’s biggest headaches, such as slow transactions and limited scalability. How? By launching a Bitcoin-native Layer 2 built on the Solana Virtual Machine. This delivers ultra-fast off-chain transactions while letting developers port Solana dApps tap directly into Bitcoin’s ecosystem. At just $0.0136754 in presale, HYPER offers an attractive entry with community buzz that’s quite strong, considering the project already raised millions. 3. Hexydog: What does HEXY bring to the table Everyone loves pets. Right? If you’re interested in how blockchain and the pet care industry (valued at $200B, mind you) can interject, look no further than Hexydog. With HXY, tokens can be spent directly on pet services like veterinary care, supplies, and more, meaning that the tokens have actual utility from day one, no matter how quirky. Animal lovers get extra appeal: a transparent charity component donates proceeds to shelters, with all donations logged on-chain. The project has already raised over $700K, with HEXY priced at a very accessible $0.0057 in presale. Still, the idea is relatively niche, which makes it hard to ascertain if Hexydog will have a chance at becoming the best crypto presale. Final words: Get the bag early Any new market swings could quickly erase your gains if you’re only digging into majors. Even though the recovery may be around the corner, DeepSnitch AI, with its high-utility approach, high-conviction, and $1.53 raised, could be the best crypto presale you could invest in right now. However, DeepSnitch AI is far from just a long-term, slow-earner opportunity. It may actually have massive explosive potential. This is especially true for traders who use the latest active bonuses. For modest investments of $2K+, you can apply the DSNTVIP for 30% extra. For maxis and whales, DSNTVIP300 unlocks 300% on investments above $30K+, which rounds out to $90K extra at the current token price of $0.03906. Get the early bag in the DeepSnitch AI presale today. Visit X or Telegram to find the latest updates. FAQs: 1. What makes DeepSnitch AI the best crypto presale in 2026? DeepSnitch AI leads as the best crypto presale with $1.53M raised at $0.03906, five AI agents delivering instant risk scoring, contract audits, scam flags, breakout spotting, and predictive FUD/sentiment alerts, plus strong 100x community expectations. 2. What utility does DeepSnitch AI offer traders? DeepSnitch AI provides an LLM-style interface with five AI agents that perform real-time contract analysis, risk assessments, whale tracking, breakout identification and early warnings on sentiment shifts/FUD storms for faster, safer DYOR. 3. What did Strategy (MicroStrategy) announce in its latest filing Strategy purchased an additional 1.14K BTC for $90M at an average $78.8K per coin, increasing total holdings to 714K BTC at an average $76K cost basis. This signals continued conviction despite missing the $60K dip. 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

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