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    Release of the new series of GDP, CPI and IIP is scheduled for 27th February 2026, 12th February 2026 and May 2026
    PAIMANA WEB PORTAL
    STRENGTHENING EVIDENCE-BASED POLICYMAKING AND PLANNING
    Reforms/ initiatives by MoSPI to strengthen evidence-based policymaking and planning by enhancing the quality, frequency, timeliness, granularity and ...
    Free trade agreement lifts hopes of India-EU organic food players
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    IRCTC scam case: Lalu, Tejashwi can't evade trial because of lack of sanction, CBI tells HC
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    India Shines as ‘Country of the Year’ at BIOFACH Germany 2026, Showcasing Organic Strength and Global Leadership
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    IIM Lucknow, TimesPro invite applications for the 10th intake of the Chief Strategy Officers Programme
    Renowned Fengdu Oranges Branch into Booming Industry in West China's Chongqing
    Poll losses have made Rahul bitter, full of hate for India: Anurag Thakur
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February 12, 2026
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Base year revision for GDP, CPI and IIP announced with new methods, surveys and scheduled 2026 releases.
The Ministry has proposed base year revisions: GDP and IIP to 2022-23 and CPI to 2024, with methodological improvements, new data sources and updated survey weights. The exercise uses PLFS, HCES and ASUSE survey results, is overseen by Technical Advisory Committees/Expert Groups and informed by consultative workshops. New series releases are scheduled for 27 February 2026 (GDP), 12 February 2026 (CPI) and May 2026 (IIP). Transparency and accuracy measures include digital data collection with validation, an Advance Release Calendar, the e-Sankhyiki portal for unit-level data, regular stakeholder dialogues and a National Meta Data Structure.
February 12, 2026
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PAIMANA centralises large project monitoring, using API integration for automatic reporting and reduced manual data entry.
The Ministry has deployed the PAIMANA portal to centralise monitoring of projects costing Rs.150 crore and above, replacing OCMS-2006 and implementing One Data One Entry via API integration with the DPIIT portal so that ministries and implementing agencies automatically feed project updates into a centralized repository for automated analytical reporting and reduced manual entry.
February 12, 2026
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Evidence-based policymaking strengthened via statistical modernization, digital surveys, revised macroeconomic indices, and state capacity building.
The Ministry modernised official statistics to strengthen evidence-based policymaking by digitising National Sample Surveys with CAPI integrated into e SIGMA, initiating short duration high frequency surveys, revising macroeconomic series (GDP, CPI, IIP), implementing NMDS 2.0 and SQAF for harmonisation, and enhancing dissemination via web, mobile, portals and APIs while supporting state statistical capacity and training through the SSS Sub Scheme and NSSTA.
February 12, 2026
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MoSPI reforms modernise national surveys with digital CAPI, district-level sampling and state capacity support for policymaking.
MoSPI modernises the National Sample Survey through digital platforms-CAPI integrated with e-SIGMA, validation checks, AI chatbots and multilingual interfaces-and revises sampling to adopt district as the basic stratum for district-level estimates. It also promotes state statistical capacity via the Support for Statistical Strengthening sub-scheme to improve collection, compilation and dissemination of reliable official statistics.
February 12, 2026
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Free trade agreement expands market access for organic food, reduces tariffs but requires harmonised certification to realise export gains.
The India-EU free trade agreement will expand market access for organic food by eliminating and reducing import duties on hundreds of goods, creating substantial export opportunities estimated at USD 60 billion and opening a market of about 140 crore consumers. Realisation of these trade gains depends on resolving certification and compliance burdens; industry calls for harmonised organic certification recognition and strengthened testing laboratories, with APEDA positioned to support exporters and promote organic supply capacity.
February 12, 2026
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Rupee rises as foreign inflows and suspected RBI intervention boost liquidity amid oil price and trade-policy uncertainty.
The rupee rose to 90.40 per US dollar, supported by foreign fund inflows and suspected RBI intervention that kept systemic liquidity near Rs 3 trillion, while elevated crude prices and US-India trade-framework uncertainty restrained risk appetite and influenced market sentiment.
February 12, 2026
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US-India trade framework commits India to buy $500 billion of US goods and reduce tariffs on industrial and agricultural products.
The bilateral framework commits India to eliminate or reduce tariffs on US industrial goods and a wide range of food and agricultural products and obliges India to purchase USD 500 billion of US products over five years, specifying energy products, aircraft and parts, precious metals, technology products, and coking coal, while reaffirming continuation of broader Bilateral Trade Agreement negotiations to secure additional market access and supply chain resilience measures.
February 11, 2026
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IRCTC scam case: prosecution says later-obtained sanction preserves charges if no prejudice to accused is shown.
The prosecution argued that absence of prior official sanction did not bar framing of charges because a sanction can be obtained later without causing prejudice; sanction was in fact taken during pre-trial proceedings and defendants have not shown specific prejudice, while the question whether immunity from prosecution affects cognisance is a matter for trial.
February 11, 2026
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Direct tax collections rose 9.4% to Rs 19.44 lakh crore till Feb 10 on higher corporate receipts and lower refunds.
Net direct tax collections increased 9.4% to Rs 19.44 lakh crore through February 10, supported by a 14.51% rise in corporate tax to Rs 8.90 lakh crore and a 5.91% increase in non corporate taxes to Rs 10.03 lakh crore. Securities Transaction Tax receipts were nearly flat at Rs 50,279 crore, while tax refunds fell 18.82% to Rs 3.34 lakh crore. Gross direct tax receipts rose 4.09% to Rs 22.78 lakh crore, with gross corporate and non corporate mop ups of Rs 10.88 lakh crore and Rs 11.39 lakh crore respectively, against a Revised Estimate of Rs 24.84 lakh crore.
February 11, 2026
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Trade unions call a nationwide strike to oppose privatisation measures, demand pension restoration and oppose 100% FDI in insurance.
A joint forum of central trade unions has called a nationwide one-day strike affecting multiple public services to oppose policies seen as enabling privatisation and corporate access, demand withdrawal of the Electricity Amendment and related policy proposals, restore the Old Pension Scheme for power employees, oppose 100% FDI in insurance, roll back recent labour code measures and related bills, and press for stopping outsourcing and regular recruitment and regularisation of outsourced workers.
February 11, 2026
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National Productivity Week 2026 spotlights cluster-based growth for MSMEs to boost productivity and global value chain integration.
The National Productivity Council will observe the 68th National Productivity Week (12-18 February 2026) under the theme Clusters as Growth Engine: Maximizing Productivity in MSMEs, promoting cluster-led development to accelerate productivity and global value chain integration. NPC will run nationwide events through its 12 Regional Directorates and 24 Local Productivity Councils, working with central and state ministries, industry associations and academia. As an autonomous society under the Department for Promotion of Industry and Internal Trade, NPC provides consultancy, training and research across multiple technical and management domains to support MSME competitiveness and sustainable industrialisation.
February 11, 2026
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India's organic regulation strengthens export readiness at BIOFACH, urging India EU mutual recognition to expand organic trade.
India emphasised amendments to the National Programme for Organic Production enhancing credibility and international alignment, and urged early conclusion of a Mutual Recognition Agreement on organics with the European Union to enable reciprocal certification acceptance and expand bilateral organic trade, supported by APEDA-led market promotion and capacity-building measures for exporters, certification bodies and farmer organisations.
February 11, 2026
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SBI becomes fourth most valuable listed firm as strong quarterly results lift market capitalisation and profits.
SBI overtook TCS as the fourth most valuable listed company after its shares rose and market capitalisation increased. The bank disclosed record standalone profit of Rs 21,028 crore and consolidated profit of Rs 21,317 crore for the December quarter; standalone core net interest income grew 9.04% to Rs 45,190 crore on about 15.14% loan growth and a domestic net interest margin of 3.12%. Non interest income rose 15.65% to Rs 8,404 crore while total expenses rose to Rs 1,08,052 crore, as reported in a regulatory filing.
February 11, 2026
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RBI draft amendments target advertising, marketing and sales practices by banks and NBFCs to curb dark patterns and mis selling.
RBI has issued draft Amendment Directions to expand regulatory requirements on advertising, marketing and sales of financial products and services by all banks and NBFCs, covering Direct Sales/Marketing Agents, dark patterns and prevention of mis selling, and proposes corresponding amendments to Responsible Business Conduct and Undertaking of Financial Services Directions for various categories of regulated entities.
February 11, 2026
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IN-SPACe selects three firms to develop modular small satellite buses with grants and infrastructure support for hosted payloads.
IN-SPACe selected three private firms under the SBaaS initiative to develop modular, scalable small satellite bus platforms, awarding milestone linked grants and facilitating access to ISRO/DoS and IN-SPACe infrastructure, testing facilities, and technical expertise to support development, demonstration, and subsequent hosted payload missions.
February 11, 2026
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Union Budget should prioritise employment over investment figures, ensuring dignified jobs for youth and taxpayer safeguards.
Employment must be central to policy, with success measured by dignified jobs for youth rather than investment announcements; manufacturing and MSME growth requires skilling, local ecosystems, affordable credit and predictable regulation to generate jobs. Tax simplification should include safeguards to protect honest taxpayers from cashflow harm and compliance anxiety, and wider policy must address urban governance, water security, climate resilience and regional balance while prioritising farmers, informal workers and backward regions.
February 11, 2026
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Nationwide strike to disrupt electricity, banking, transport, health and utilities; unions demand withdrawal of privatisation bills.
A nationwide strike by a joint trade union forum is expected to disrupt electricity, banking, insurance, transport, health, education and utility services, with large-scale participation and partial bank-union involvement. Power-sector employees demand withdrawal of the Electricity (Amendment) Bill 2025 and the proposed National Electricity Policy 2026, restoration of the Old Pension Scheme, an end to outsourcing and regularisation of outsourced staff. Unions also oppose up to 100% FDI in insurance and seek repeal of recent labour codes and other statutory measures.
February 11, 2026
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IIM Lucknow Chief Strategy Officers Programme: 10-month executive course on strategy, AI integration, ESG and a capstone project.
IIM Lucknow and TimesPro offer a 10-month Chief Strategy Officers Programme for senior professionals (generally 10+ years' experience) structured into three modules-Sensing Opportunity; Crafting Competitive Advantage; Execution & Realising Competitive Advantage-covering strategy, disruption, M&A, digital and AI integration, ESG, change management and design thinking, delivered via live online sessions, a three-day on-campus immersion and a capstone project; successful participants receive an IIM Lucknow certificate and alumni credentials.
February 11, 2026
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Fengdu oranges gain national geographical indication and cooperative standardization to scale production and domestic exports.
Fengdu's orange sector relies on cooperative-led standardized production and training supported by the county Agriculture and Rural Affairs Commission, with certified technical practices (including drone operation) forming the operational compliance and quality-control framework. The product holds a National Geographical Indication Trademark and National Geographical Indication for Agricultural Products designation, and the village is a national specialty product demonstration, enabling regulated market access, traceability, and export opportunities.
February 11, 2026
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Parliamentary Budget debate: government accuses opposition of vitriol; parties clash over banks, MSMEs and fiscal transfers.
Parliamentary debate on the Union Budget saw government members accuse the Leader of the Opposition of vitriolic rhetoric and hostility toward constitutional institutions, while defending the Budget and the government's economic record-citing bank recoveries, support for MSMEs and criticisms of the Opposition's trade and economic positions-and opposition and regional MPs demanded unpaid fiscal transfers and targeted employment measures.

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OTM 2026 Concludes in Mumbai, Reinforcing India's Rise as a Priority Market for Global Tourism

February 11, 2026

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Asia's leading travel trade show, organized by Fairfest Media brings together 2,200+ exhibitors from 60+ countries, spotlighting new travel demand, corporate mobility, weddings and the future of distribution MUMBAI, India, Feb. 10, 2026 /PRNewswire/ -- OTM 2026, Asia's leading travel trade show, concluded today at the Jio World Convention Centre, Mumbai, bringing together the global travel and tourism ecosystem at a moment when India has firmly emerged as one of the world's most strategically important outbound travel markets. Recognised by NielsenIQ as the Leading Travel Trade Show in India and Asia for two consecutive years, OTM 2026 hosted over 2,200 exhibitors from more than 60 countries, with 45+ National Tourism Organisations participating and over 50,000 travel trade visitors and 1,000+ top travel industry professionals participating over the three days. With strong exhibitor and visitor participation across leisure, corporate travel, MICE and weddings, OTM 2026 reaffirmed its position as one of the most internationally diverse travel trade platforms in the region, reflecting the growing scale and strategic focus global destinations are placing on the Indian market. Event Highlights • Exhibitor Showcase: Over 2,200 exhibitors from 60+ countries, representing national and state tourism boards, airlines, hotels and resorts, destination management companies, cruise operators, attractions, and travel technology providers. • Global Participation: Strong representation from Europe, Africa, Asia, the Middle East, the Americas and Oceania, including long-standing outbound markets and a growing number of emerging and experiential destinations engaging with India as a priority growth market. • High-Quality Buyer Access: More than 50,000 travel trade visitors, including 1,000+ hosted and VIP buyers, enabling focused B2B engagement across leisure, corporate travel, MICE, weddings and niche travel segments. • Structured Business Engagement: Over 50,000 pre-scheduled B2B meetings across the three days, reinforcing OTM's positioning as a platform built for measurable business outcomes. • Destination & Airline Announcements: Multiple tourism boards and airlines used OTM 2026 to sharpen their India strategy and spotlight new developments, including Thailand's destination push, Air India and Air India Express' product updates, and Morocco's India-facing tourism momentum. • Leadership & Knowledge Exchange: The OTM Forum brought together senior leaders from destinations, airlines, travel platforms, corporate travel, MICE, weddings and technology, examining outbound travel growth, destination competitiveness, corporate travel evolution, distribution, marketing, technology and the changing expectations of the Indian traveller. • Inaugural Programme & Media Briefing: Day 1 opened with the Inaugural Programme & Media Briefing titled 'India takes its Place on the Global Travel Stage', featuring addresses by H.E. Dato Sri Abdul Karim Rahman Hamzah, Minister for Tourism, Creative Industry and Performing Arts, Sarawak; Datuk Manoharan Periasamy, Chairman, Tourism Malaysia; and Hon. Prof. Ruwan Ranasinghe, Deputy Minister of Tourism, Sri Lanka, moderated by Tanya Khanijow. • Corporate Travel & Buyer Insight: Day 2 featured a strong focus on India's corporate travel momentum through 'Building India's Corporate Travel Ecosystem: A $20B Journey' and a buyer-led session, 'What India's Top Corporate Travel Buyers Expect from the Industry Today', bringing together senior stakeholders from Reliance Industries, Aditya Birla Group, Deloitte, Tata Consultancy Services and Godrej Industries Group. • Travel Trade & Distribution: Day 3 spotlighted the renewed relevance of intermediaries through 'The New Power of the Intermediary' and 'Inside India's Travel Trade: What's Changed, What's Working, What's Next', featuring leaders from TripJack, TravClan, Rezlive, Riya Tours and Travels, Classic Holidays, Akbar Online Booking Company, Travesla, Rail Europe and MakeMyTrip. • Weddings & Destination Celebrations: WeddingSutra Engage brought luxury wedding and wedding-travel leaders into the programme, spotlighting how destination weddings are shaping hospitality demand, guest experiences and travel-led celebrations. Destinations worldwide recalibrate long-term strategies around India OTM 2026 saw strong official participation from destinations across Europe, Africa, Asia, the Middle East, the Americas and Oceania, with nearly 50 global tourism boards officially participating at OTM. Alongside long-standing outbound markets, several destinations that were once considered niche or aspirational for Indian travellers continued to deepen their engagement with India as their next major growth market, with many participating exclusively at OTM 2026 as their primary interface with the Indian travel trade. Announcements and showcases OTM 2026 also served as a launchpad for multiple India-focused announcements across destinations, airlines and experiential travel segments. Thailand Tourism Authority outlined its target of 2.55 million Indian visitors and THB 93 billion in tourism revenue for the year, launching its 'Healing is the New Luxury' campaign in Mumbai to attract high-value wellness travellers and destination weddings, supported by 60-day visa-free entry and expanded outreach to Tier 2 cities including Ahmedabad, Amritsar and Pune. Morocco reinforced India's growing importance as a source market, highlighting a 224% increase in Indian tourist arrivals compared to pre-pandemic levels, alongside deeper trade engagement through OTM. Sarawak Tourism Board spotlighted its Visit Malaysia Year 2026 campaign, while Sabah Tourism Board introduced the 'North Borneo Cycling Paradise' initiative to promote niche adventure tourism to Indian travellers. From Africa, the Zambia Tourism Agency showcased safari and wildlife experiences tailored for the Indian outbound market, while Da Nang strengthened its positioning as a MICE and destination wedding hub. Indonesia outlined renewed efforts to grow Indian arrivals, while Air India and Air India Express presented product and service enhancements supporting India's expanding global travel footprint. WeddingSutra Engage also unveiled emerging destination wedding and travel trends reflecting evolving Indian traveller preferences. Malaysia Airlines strengthens India's outbound connectivity at OTM 2026 Reflecting the role of air connectivity in unlocking outbound growth, Malaysia Airlines participated as the Partner Airline at OTM 2026 with a prominent presence at the exhibition, showcasing its network connectivity, premium offerings and India-focused travel solutions for the Indian travel trade. Several other airlines also participated across the show floor, reflecting broader airline confidence in India's expanding global travel footprint. OTM Forum: Three days of sharp, segment-led industry dialogue Complementing the exhibition, the OTM Forum delivered a high-density programme of leadership, insight and industry direction, bringing together senior voices from travel platforms, corporate travel, weddings, marketing, technology and distribution. On Day 2, the programme moved into sharper conversations on how and why India's traveller motivations are changing, with 'Vibe Traveling - Aesthetics, Experiences, and the New Indian Narrative' featuring Adedayo Olawuyi (Uganda Airlines), Amit Jaipuria (Postcard Travel Club), Maanav Saraf (Gainwell Travel), Nupur Gupta (Google India) and Pabs Raghava (Tours Limited). The day also deep-dived into business mobility through 'Building India's Corporate Travel Ecosystem: A $20B Journey' with Bhavin Modi (Quest2Travel by MakeMyTrip), Gaurav Shekhar Nagwekar (Reliance Industries), Shaheen Karoji (Aditya Birla Group) and Sunny Sodhi (FCM Travel India), moderated by Dr. Sanjay Pai (Larsen & Toubro). A buyer-led session on 'What India's Top Corporate Travel Buyers Expect from the Industry Today' brought together Ajay Bhatt (Godrej Industries Group), Devendra Saraiya (Deloitte), Ranjit Nair (Tata Consultancy Services) and Sri Arardhi (Fast Collab), moderated by Mridul Pahuja (Motilal Oswal). Day 2 also expanded into destination weddings through WeddingSutra Engage sessions focused on luxury hospitality and discovery-led wedding travel, and continued the conversation on experience-led travel and commercial growth through 'Live Tourism - The Anti-AI Bet on Human Connection', featuring Chitra Daga (Thrillophilia), Daniel Dsouza (Dream Set Go), Sabbas Joseph (Wizcraft Group) and Uttam Garodia (Headout). The day further examined performance-led marketing and retention in 'The Future of Travel Marketing: AI, Personalisation and Loyalty Shifts', with leaders including Anurag Jain (RateGain), Neel Ghose (Skyscanner), Neeraj Singh Dev (Thomas Cook India), Nikhil Dhar (Indigo), Ravi Shankar (Air Asia Move) and Sandeep Sonawane (DreamFolks). The Forum also featured an executive-only session on alternate accommodation, presenting VIDEC's market insights with participation from MakeMyTrip, Zostel, Elivass and Saffron Stays, moderated by Virendra Jain (VIDEC). On Day 3, the Forum turned to distribution power and travel trade evolution through 'The New Power of the Intermediary: Why India's Travel Agents Are More Relevant Than Ever', featuring B A Rahim (OA Globe DMC), Chirag Agarwal (TravClan), Jaal Shah (Rezlive), Manoj Samuel (Riya Tours and Travels) and Srijit Nair (Rail Europe), moderated by Parikshit Choudhury (MakeMyTrip). This was followed by 'Inside India's Travel Trade: What's Changed, What's Working, What's Next', featuring Hussain Patel (TripJack), Jitesh Poojari (Akbar Online Booking Company), Rishabh Doshi (Classic Holidays) and Salil Nath (Travesla). Valedictory and Awards OTM 2026 concluded with the Valedictory and Awards Function, alongside key partner announcements including the ICRT Indian Subcontinent Awards 2026 announcement. Commenting on the conclusion of the show, Sanjiv Agarwal, Chairman & CEO, Fairfest Media, said, "OTM continues to reflect the reality of global travel today, where India is no longer an emerging opportunity but one of the most sought-after and strategic travel markets globally. The diversity and depth of participation at OTM 2026, alongside the quality of conversations across the show floor and the Forum, demonstrate how the world is repositioning itself around the Indian traveller in a focused, business-driven environment." OTM 2026 was organised by Fairfest Media. The next edition of OTM is scheduled to take place from 1st-3rd February 2027. About OTM and Fairfest Media: OTM is Asia's leading travel trade platform, connecting global travel suppliers with India and Asia's fastest-growing travel markets through large-scale exhibitions, curated buyer programmes and structured B2B engagement. OTM is organised by Fairfest Media. Founded in 1989, Fairfest Media is a global trade show organiser and media company, providing platforms for doing business in the world's fastest-growing markets. Fairfest recently acquired WTE Miami, the fastest-growing travel show in the United States, which will be held at the Miami Beach Convention Centre on the 27th and 28th of October, 2026. For more information, please visit: https://otm.co.in/. Photo: 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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