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    UP presents Rs 9.13 lakh crore Budget for 2026-27, outlay up 12.2 pc
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February 11, 2026
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Uttar Pradesh Budget 2026-27 sets fiscal deficit at 3% and boosts education, health and skill programs.
Uttar Pradesh presented a Rs 9.13 lakh crore Budget for 2026-27, adopting the 16th Central Finance Commission recommendation that sets the fiscal deficit limit at three per cent through 2030-31. The Budget allocates 12.4% to education, 6% to health and 9% to agriculture, prioritises capital investment and infrastructure, and mandates mission-mode, employment-oriented skill development with expanded training centres, women-specific centres, and public private partnership arrangements for job placement.
February 11, 2026
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Jute stockholding ban proposal may disrupt procurement and risk farmer distress; balers call for stakeholder consultations.
The IJMA proposed a ban on private stockholding of raw jute to curb rising prices, while the Jute Balers' Association argues such a ban would disrupt balers' procurement, grading and storage roles, risk distress sales by farmers, concentrate control with mills, and undermine price stability and uninterrupted supply; it asks the textile ministry to hold stakeholder consultations rather than accept an immediate prohibition.
February 11, 2026
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Online car insurance issuance uses verified vehicle data, mandatory e KYC, secure payment gating and instant digital policy delivery.
Real-time vehicle data validation via official registries and industry databases verifies vehicle details and prior insurance; mandatory e KYC using Aadhaar or PAN plus electronic consent are required; secure payment confirmation is a precondition to policy generation; automated consistency checks block issuance until discrepancies are corrected; and a Customer Self Service portal provides 24/7 access to issued policy documents and service functions.
February 11, 2026
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BPTP Capital City named Iconic Brand of the Year - Commercial, highlighting sustainability and institutional-grade commercial design.
BPTP Capital City was recognised as Iconic Brand of the Year - Commercial for its integrated master planning, institutional-grade infrastructure, and sustainability-focused design. The mixed-use development offers Grade-A offices and curated retail and holds IGBC and LEED Platinum certifications as well as WELL Core Platinum Certification, supported by energy-efficient systems, smart water management, green mobility features, and people-centric public spaces.
February 11, 2026
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India enter the ICC T20 World Cup 2026 as favourites with a settled squad, new captaincy and strong pre tournament form.
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February 11, 2026
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Illicit tobacco trade: industry urges Track & Trace, enforcement support, and joint action to protect supply chains and revenue.
Philip Morris India urges a coordinated industry-government response to curb illicit tobacco by supporting enforcement, information sharing, and capacity building, advocating a Track & Trace mechanism to distinguish illegal from legal products, and providing market intelligence-via retail surveys-and training to customs and tax officials to identify contraband, while highlighting seizures and transnational smuggling techniques that underline the systemic nature of the illegal cigarette market.
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OTM 2026 showcased India's rise as a priority outbound travel market, driving global B2B engagement and connectivity.
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Teachers are using AI to redesign lesson planning and assessments, recovering time for mentoring and real-time classroom feedback.
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Philip Morris India Reinforces Its Commitment to Collective Action and Government Collaboration to Restrict Illicit Tobacco Trade

February 11, 2026

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New Delhi, Delhi, India – Business Wire India • With the recent fiscal developments, important to prioritize interventions to safeguard industry & public at large • PM India undertakes capacity building and information sharing with industry and government stakeholders This Anti-Smuggling Day, Philip Morris India Trading Private Limited (Formerly IPM India Wholesale Trading Private Limited) (PM India) called for sustained collective action and government collaboration, reaffirming its commitment to combating illicit tobacco products. The illicit cigarette trade represents a grave challenge that demands urgent attention and concerted efforts from all stakeholders. Industry leaders must be committed to taking a collaborative approach in the fight against illicit trade of tobacco products.

As the Government of India (GoI) strengthens the enforcement machinery with the roll out of Track & Trace (T&T) mechanism, enabling regulatory authorities to distinguish illegal products from legal ones, it is imperative to look at the overall ramifications of the illegal tobacco trade ecosystem as well. As per the World Health Organization’s Global Adult Tobacco Survey and other media reports, India has an estimated 267 million tobacco users, making India the fourth largest and fastest growing illegal cigarette market in the world with smuggled cigarettes accounting for a quarter of the domestic cigarette industry.

According to Lok Sabha Unstarred Questions answered on 22 July 2025 issued by the Ministry of Commerce & Industry, Customs Field Formations and DRI seized approximately 3.93 crore cigarette sticks in financial year up to June 2025. These operations also highlight the complexity of the issue, often involving sophisticated smuggling techniques and transnational criminal networks.

In 2025, PM India undertook a market survey across 3000 shops in 10 states across 500+ market clusters to gather intel on contraband cigarettes. Along with this, the organization also provided capacity building support to over 145 officers from customs & tax on identifying illicit cigarettes. These efforts to leverage market intelligence and catalyzing industry-government dialogue underscore PM India’s commitment to safeguarding supply chain integrity and supporting national priorities in curbing the inflow of illegal cigarettes.

Navaneel Kar, Managing Director, PM India, said, “Illicit trade undermines legitimate businesses, deprives the exchequer of vital revenue, and exposes consumers to unregulated and potentially harmful products. The consolidated fight against illicit tobacco products continues to be of increasing relevance for India as the country remains one of the world's largest tobacco markets, besides housing the world's second largest smoking population. PMI brings valuable, practical experience from some of the world's most advanced T&T systems - implemented voluntarily in 140+ countries, worldwide. In India, we combine global expertise with local partnerships to bolster enforcement, protect consumers, and support national priorities. The consolidated fight against smuggled tobacco products continues to be of increasing relevance for India as the country remains one of the world's largest tobacco markets, besides housing the world's second largest smoking population. This anti-smuggling day, yet again, underscores the need for continued government-industry collaboration, essential to curbing cigarette black market & safeguarding legitimate supply chains.” A cohesive and robust mechanism, integrating innovative technology and strong partnerships, is vital to position India as a leader in creating one of the world's most transparent, resilient, and forward-thinking tobacco ecosystems.

About Philip Morris India Trading Private Limited Philip Morris India Trading Private Limited (Formerly IPM India Wholesale Trading Private Limited), is a joint venture between Philip Morris Brands SARL of Switzerland and two Indian entities, Godfrey Phillips India Limited and K.K. Modi Investment & Financial Services Private Limited.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR

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