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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.
February 13, 2026
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India-US interim trade deal provoked uproar; Speaker faced removal notice and MPs were suspended during Budget session.
India-US interim trade agreement and the unpublished memoir dispute triggered disruptions in the first leg of the Budget session, leading to eight MPs being suspended, a notice to remove the Speaker and the Speaker's refusal to occupy the chair until that notice is disposed of; the Lok Sabha adopted the Motion of Thanks without the prime minister's reply while the Rajya Sabha completed debate and adopted the Motion amid an opposition walkout, and Parliament passed an amendment to the Industrial Relations Code.
February 13, 2026
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Retail liquor prices to rise as Uttar Pradesh raises licence fees, reforms MRP and launches an excise export policy.
The excise policy raises the minimum guaranteed revenue (MGR)/licence fee for retail liquor shops and bhang shops, adjusts special additional excise duty on IMFL, and reforms MRP by rounding most country liquor and UPML to the next multiple of Rs 10 while introducing a new 100 ml UPML pack; it also creates a standalone excise export policy to promote distilling and logistics investment and requires retail allotments primarily by renewal with district collectors authorised to approve relocations.
February 13, 2026
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Iridium scam network using fake central bank IDs defrauded investors of crores; six arrested, investigation ongoing.
An inter-state fraud operation used a fake commodity investment scheme claiming funds held with the central bank to obtain payments via staged interviews, counterfeit identity cards, biometric collection and forged documents. The facts give rise to allegations of impersonation, forgery, cheating and criminal conspiracy. Law enforcement conducted coordinated arrests across jurisdictions, seized mobile phones and laptops, and is investigating further victims and participants while advising potential victims to file complaints to assist evidence collection and tracing.
February 13, 2026
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Spectrum allocation ruled not an asset and therefore not subject to insolvency proceedings under applicable insolvency rules.
Allocation of electromagnetic spectrum to telecom service providers was held not to constitute an asset capable of being brought into insolvency proceedings, limiting the scope of creditor remedies under the insolvency regime. The NIA was granted an additional 45 days to continue its probe into a blast, and an individual was released on bail in a decades-old criminal case, illustrating ongoing judicial oversight of investigations and pretrial liberty decisions.
February 13, 2026
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Lodha Developers ex-director accused of laundering over Rs 85 crore using front entities, forged MOUs and benami land deals.
Allegations state a former director exceeded limited authority to orchestrate unauthorized transactions that generated, concealed and laundered proceeds of crime exceeding Rs 85 crore by using front entities, benami arrangements, forged MOUs, diversion of company funds through controlled entities, cash withdrawals, undervalued alienation of company land and Transferable Development Rights, and fraudulent allotment of residential units to benefit associates.
February 13, 2026
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Rupee falls to 90.66 as forex reserves decline and a new CPI series is introduced, weighing on markets.
The rupee weakened to 90.66 per US dollar amid a firmer dollar, weak domestic equities, and foreign institutional investor outflows, while RBI data showed a notable weekly decline in forex reserves. Authorities introduced a new Consumer Price Index series with expanded coverage and re-weighted constituents to better inform monetary and fiscal policy.
February 13, 2026
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Supreme Court updates: spectrum ruled non IBC asset; Himachal local polls deadline extended; directions on probes and enforcement.
The Court extended the Himachal Pradesh deadline for local body elections to May 31, required an investigative agency to file a status report on multiple FIRs arising from ethnic violence, ordered a rusticated minor be permitted to sit Class 10 exams with the examination council issuing an admit card, signalled that substantial security may be required in enforcement of a foreign civil judgment if contested, and held that telecom spectrum allocations are not assets subject to proceedings under the Insolvency and Bankruptcy Code.
February 13, 2026
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Spectrum allocated to telecom providers is not an IBC asset; licensing rights do not create proprietary title for insolvency.
Spectrum allocated to telecom service providers is not susceptible to IBC proceedings because the Union retains ownership and the telecommunications statutes and regulatory framework govern administration, use, transfer, and licensing; recognition of spectrum licensing rights as an intangible asset in financial statements does not create proprietary title, and absent transfer of title such licensing rights are not part of the insolvency asset pool.
February 13, 2026
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Priority sector lending potential estimated at Rs 4.88 lakh crore for FY27, with major allocations to agriculture and MSMEs.
NABARD's State Focus Paper projects a priority sector credit potential of Rs 4.88 lakh crore for FY27, allocating Rs 2.24 lakh crore to agriculture and allied activities and Rs 2.27 lakh crore to MSMEs, with block level sub sector estimates to inform the annual credit plan and align financial institutions with development priorities.
February 13, 2026
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Andaman bank fraud: Enforcement Directorate attaches Rs 200 crore in properties under PMLA, linking assets to shell companies.
The Enforcement Directorate, by a provisional order under the Prevention of Money Laundering Act, attached 51 immovable properties worth Rs 200.02 crore allegedly derived from a Rs 500 crore fraud at the Andaman and Nicobar State Cooperative Bank; assets are held in names of accused persons, relatives, associates and controlled firms. The ED alleges use of 23 shell companies, dummy directors and powers of attorney to conceal consideration and that over 100 high-value loans were sanctioned in violation of NABARD, RBI and internal bank directives; a chargesheet against 39 entities was filed in November 2025.

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40 world chefs' broke bread and boundaries at the IIHM International Young Chef Olympiad

February 11, 2026

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IIHM's Kotamsetti Teja took India to the finals of the global event; Albania, England, and Sri Lanka won the top three positions in the largest culinary event of young chefs in the world KOLKATA, India, Feb. 10, 2026 /PRNewswire/ -- After a week of brandishing knives, delivering cuts, and marinating rivalries with sizzle and bake, student chefs, enroute to becoming Michelin stars, all won the world's biggest culinary competition for student chefs—the IIHM International Young Chef Olympiad 2026. Across 40 countries from almost every continent in the world, they displayed the transformative power of food as a glue that binds humanity. They broke bread. But they broke something bigger. Boundaries. Yes, there were gold, silver, and bronze winners, who have gone back to their countries, welcomed, embraced, and saluted by governments and institutions. There were 26 kilo trophies carried back with no weight on their shoulders, only a lightness of achievement. Yes, there were some medals. But many more memories. For the 12th successive year, this Young Chef Olympiad, a brainchild of the visionary Chairman of IIHM, Dr. Suborno Bose, has pulled off the impossible—getting the world to cook collaboratively, display talent of a proportion that secures the future of culinary arts, and build a declared commitment of sharing and collaboration of knowledge from culinary colleges the world over, to preserve global culinary heritage, embracing AI as a tool for learning and time-saving, and fortifying human connections with that time. The top three who stood as winners on the podium were excellent representatives of the spirit of the Young Chef Olympiad. The others who didn't get crowned may have missed out narrowly on marks, but stood tall as some of the world's best. Like Kotamsetti Satya Teja, a student of IIHM Kolkata from coastal Andhra Pradesh, who showcased his craft in his home kitchen on a stage which had the best teams competing and took India to the finals, making him one of the ten best student chefs in the world. Teja was also awarded for his innovative use of AI for recipe analysis in his culinary ensemble, balancing taste and nutrition, and received the Kitchen Cut Award from top-notch Michelin-star chef John Wood. Conceived, hosted, and nurtured by the International Institute of Hotel Management (IIHM), YCO 2026 unfolded again as a global movement in culinary education, cultural diplomacy, and responsible innovation. From the opening ceremony at the sprawling Signature Club Resorts at Brigade Orchards in Bengaluru, the YCO caravan of different teams travelled across Delhi, Pune, Goa, and Hyderabad for the early rounds of the competition before converging in Kolkata for the final rounds of this global event. On the grand finale stage under the clear night sky of Kolkata, Enri Cuedari of Albania, from Instituti Kulinari Neranxi, lifted the Golden Trophy and was crowned with the Golden Toque, becoming World Champion in what is widely recognised as the world's largest and most collaborative competition for student chefs. England, the defending champion from YCO 2025, secured the silver medal through Dominic Thomas Grundy of Westminster Capital City College. Sri Lanka claimed the bronze, represented by Vidanagamage Rumira Reshan Piyasiri of the Colombo Academy of Hospitality Management. The Plate Trophy was won by Maelyss Helene Parrot of France, one of the world's finest culinary nations. The Dr. Suborno Bose Challenge Trophy, a heartwarming competition where two countries are paired and cook a dish together, embodying how food has its own language of unity, was won by Ozodbek Odilov of Uzbekistan and Melquirudi Leki-Bere da Cunha of Timor-Leste. A Festival of Learning, Not Just a Competition Speaking at the conclusion of the Olympiad, Padma Shri Chef Sanjeev Kapoor, Principal Judge of YCO 2026, described the event as a "festival of learning"—a phrase that resonated deeply with the students, mentors, and global jury assembled in Kolkata. That sentiment was echoed and firmly anchored by Dr. Suborno Bose, Founder-Chairman of IIHM and Chief Mentor of the Young Chef Olympiad, who emphasised that learning lay at the heart of every design decision taken for YCO 2026. "From the outset, YCO 2026 was designed not as a competition that teaches, but as an education system that happens to compete. Every kitchen, every city, every interaction was structured as learning," Dr. Bose said. From competitive kitchens to symposium halls, from heritage research to peer collaboration, the Olympiad functioned as a living classroom—where performance and pedagogy coexisted seamlessly. A Student-First Global Platform At a time when large international events often prioritise spectacle, Dr. Bose underscored that YCO 2026 took a fundamentally different approach. "YCO 2026 was unapologetically student-first. Every decision—competition formats, knowledge sharing, AI tools, MOUs, and global exchanges—was taken by asking one question: how does this serve student learning?" he emphasised. This student-first philosophy was evident across the Olympiad's structure. The Top 10 finalists—representing Albania, England, Sri Lanka, India, the Philippines, Malaysia, Nepal, Sweden, Canada, and Switzerland—earned their places through integrity, discipline, and respect for both tradition and innovation. More importantly, every participant, regardless of ranking, returned home with global exposure, lifelong peer networks, and shared learning. Preserving Culinary Heritage in the Age of AI The defining theme of YCO 2026—"Preserving the World's Global Culinary Heritage through AI"—ran through every competition, symposium, and side event. IIHM positioned Artificial Intelligence not as a replacement for craft, but as a guardian of memory—a tool to document, preserve, and respectfully carry culinary traditions forward. For the first time in the Olympiad's history, participating countries were positioned as a living laboratory of global culinary heritage. Through the exchange of AI-enabled Culinary Heritage Dossiers, nations shared their ingredients, techniques, food philosophies, and cultural contexts—transforming fragile, often oral traditions into structured, living knowledge. "Heritage is not nostalgia," Dr. Bose noted during the journey. "It is alive—experienced through people, kitchens, mistakes, learning, and friendships. AI helps us carry it forward responsibly." IIHM also announced the development of country-specific Culinary Heritage GPTs, positioning YCO as the world's first AI-powered, country-by-country culinary knowledge platform built around a live global competition. Global MOUs and Knowledge Without Borders A major milestone during YCO week was the signing of Global MOUs and the Global Culinary Knowledge Declaration with institutions from 34 countries. These agreements embedded student exchange, faculty collaboration, AI-enabled learning, and shared research into IIHM's global academic framework. Under the AI-LEAP (AI Literacy Education Acceleration Program), IIHM committed to inclusive, ethical AI education, reinforcing its philosophy of "High Tech, Higher Touch." "This was never about signatures," Dr. Bose said. "It was about ensuring that students across continents learn together, grow together, and prepare responsibly for the future of hospitality." Learning Beyond the Podium The final days of YCO 2026 saw Chef Sanjeev Kapoor at IIHM's Kolkata Global Campus, where he conducted an inspiring Global Masterclass on Indian millets. The session highlighted nutrition, sustainability, and innovation—bridging ancient Indian wisdom with modern global kitchens. Interacting closely with students, Chef Kapoor remarked that only IIHM could pull off an event like the Young Chef Olympiad, blending competition, education, culture, and technology into one cohesive global platform. Competition with Conscience Professor David Foskett, MBE, Chairman of the Grand Jury and Chairman of the International Hospitality Council, observed that YCO 2026 reaffirmed a vital truth about hospitality education. "The future of our profession must move beyond textbooks and trophies," he said. "Through initiatives like the United World of Young Chefs, the Global Knowledge Sharing Declaration, and the Culinary Heritage Dossiers, YCO transformed competition into collaboration. Students returned home not just with sharper skills, but with friendships, stories, and global perspective." A Finale—and a Beginning The Grand Finale celebrations at Kolkata brought together culture, music, and shared joy, marking the culmination of an extraordinary global journey. Medals were awarded. Champions were crowned. But what endured was far greater: a reaffirmation that education, not just excellence, lies at the heart of global culinary leadership. The Olympiad ended. The journey, unmistakably, had only just begun Photo: https://mma.prnewswire.com/media/2891121/IIHM.jpg' alt='Embedded Media' /> Photo: https://mma.prnewswire.com/media/2891122/IIHM_1.jpg' alt='Embedded Media' /> Logo: https://mma.prnewswire.com/media/2569189/5781596/IIHM_Logo.jpg' alt='Embedded Media' /> CONTACT: Mr Sujay Gupta, Group Director Media & Communications, IIHM Group, +91-9923057937, [email protected] (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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