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February 23, 2026
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Exchange rate volatility: Rupee edges higher as oil weakness supports the currency while geopolitical tensions cap gains.
Exchange rate movement recorded the rupee appreciating modestly against the US dollar, settling marginally stronger after declines in global crude oil prices and a softer dollar. Market dynamics included importer and foreign portfolio investor dollar purchases on dips, rising domestic debt yields that capped gains, and geopolitical tensions limiting upside. The report also notes that India's foreign exchange reserves rose to a new high, a factor relevant to reserve adequacy and forex market liquidity.
February 23, 2026
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Flexible inflation targeting review may adjust the CPI inflation target after adoption of a new CPI series.
The RBI will incorporate the new 2024-base CPI series, which broadens the consumption basket and reduces volatility, into upcoming CPI projections and the April policy estimate; this change occurs alongside the review of the flexible inflation targeting regime and the government's periodic determination of the CPI inflation target, for which the RBI has submitted recommendations after stakeholder consultation.
February 23, 2026
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Banking sector review to explore creation of mega-lenders while no current roadmap for public sector bank mergers.
No roadmap exists for public sector bank mergers; the Budget proposes a High-Level Committee on Banking for Viksit Bharat to review the sector and explore creation of mega-lenders while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring select public sector NBFCs to improve scale and efficiency. The central bank states banks are adequately capitalised to sustain credit growth and notes rising gross FDI alongside moderated net FDI due to repatriations and increased outward investment.
February 23, 2026
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Privacy guidelines extended to advertising data; companies to comply and furnish compliance report following tribunal directions.
Extension of privacy and consent safeguards to advertising-related user data is required, with Meta and WhatsApp indicating they will implement NCLAT directions to apply CCI standards to data collection and sharing for advertising. Stay applications were dismissed without prejudice and a compliance report was ordered. The CCI will examine the companies' affidavit on privacy policy and file a response, while its cross-appeal challenges the tribunal's modification permitting advertising-related data-sharing; a monetary penalty previously imposed by the CCI was retained by the tribunal.
February 23, 2026
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Tariff ruling spurs safe-haven demand, lifting precious metals prices amid renewed trade-policy uncertainty and tariff adjustments.
A US Supreme Court ruling against the contested tariff measure and a subsequent executive increase in the global tariff rate from ten per cent to fifteen per cent intensified trade-policy uncertainty, triggering cross-asset volatility and prompting safe-haven demand that drove silver and gold to multi-week highs in domestic and international markets.
February 23, 2026
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Skill development and sustainability urged to boost competitiveness through technology, design innovation and industry collaboration for graduates.
FDDI's 5th convocation conferred degrees and academic medals across programmes, with the institute stressing its contribution to skill development, research, innovation and industry engagement in the footwear, leather, fashion and retail ecosystem. Speakers urged adoption of technology, sustainability and design innovation to enhance global competitiveness, noted sectoral support for employment and MSME growth, and highlighted Hyderabad campus developments including a Centre of Excellence, modern laboratories and strengthened industry collaborations.
February 23, 2026
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Mis-selling prohibition: banks must stop bundling non-bank products and refund customers with compensation when mis-selling occurs.
Banks must stop mis-selling non-bank financial products and prioritise core banking-mobilising deposits, improving CASA, understanding customers, and lending responsibly. The Finance Minister supported RBI draft guidance that mandates full refunds and compensation for mis-selling and highlighted regulatory gaps between banking and insurance supervisors. The RBI characterised upcoming stricter mis-selling norms as consumer protection measures with effect from the announced implementation timeline.
February 23, 2026
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Workplace certification signals sustained employee trust and cultural investments as bank advances toward universal banking transition.
AU Small Finance Bank's consecutive workplace certification, grounded in employee feedback and an improved Trust Index Score, evidences its focus on employee trust and culture. The recognition reflects targeted investments in leadership, learning and development, inclusion, career mobility and a strengthened digital and IT capability to create future-ready roles, supporting the Bank's strategic progression toward universal banking.
February 23, 2026
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Regulatory clarity for crypto mining: compliance with tax, KYC and disclosure regimes shapes viable mining operations.
India's bitcoin mining market is professionalising as buyers shift to energy efficient ASICs and localised support while infrastructure improvements enable co location and data centre deployments. Electricity availability and sustainability measures (including hybrid renewables and off peak strategies) materially affect operational viability. Mining remains permitted within broader tax, AML, exchange control and emerging disclosure frameworks; operators should observe tax and KYC obligations, transparent accounting, and anticipate formalised reporting or environmental disclosure requirements.
February 23, 2026
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Gold import monitoring: government and RBI flag a recent import spike while keeping external account risks in check.
The government and the Reserve Bank of India are monitoring gold imports after a sudden January surge in value and volume; the RBI is analysing data, attributes part of the rise to global central bank purchases and domestic seasonal demand, and considers the situation not yet alarming while noting the current account remains manageable and external-sector resilience intact.
February 23, 2026
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Taxation of capital gains shifted to the company's residence; dividend rates, PE and information exchange provisions updated.
The Amending Protocol reassigns full taxing rights on capital gains from company share sales to the company's State of residence, removes the MFN clause, replaces a single dividend rate with a split withholding regime based on a ten percent ownership threshold, aligns the Fees for Technical Services definition with an established bilateral model, and expands Permanent Establishment to include Service PE.
February 23, 2026
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Banking and regulatory career preparation integrated into a BBA accelerates readiness for Grade A and Grade B recruitment while studying.
An institution launched an integrated BBA programme that combines an accredited undergraduate degree with concurrent, exam aligned preparation for Grade A and Grade B banking and regulatory recruitment. The modular curriculum covers quantitative aptitude, reasoning, English, finance, economics, current affairs, and interview training, delivered by faculty experienced in elite competitive examinations. The programme emphasises mentorship, mock testing, and time optimisation across three undergraduate years to prepare candidates for public sector regulatory posts and allied private financial sector roles.
February 23, 2026
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Quality-led manufacturing: institutionalise uniform standards and testing to convert market access into sustained export competitiveness.
Policy emphasis focuses on a quality-first agenda anchored in the zero defect, zero effect vision to convert expanded market access into export growth. A five-pillar roadmap mandates standard operating processes with continuous compliance and inspection, skilling and reskilling, gap analysis and global benchmarking, streamlined testing and certification, and shared modern testing infrastructure. Government support will finance testing facilities and assist micro and small enterprises in meeting international conformity requirements. The National Quality Conclave's multi-city, sector-specific consultations will feed into a National Quality Roadmap for Manufacturing to coordinate action across government, regulators and industry.
February 23, 2026
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Mis selling safeguards: banks must stop pushing non bank products and refocus on deposit mobilisation and lending.
The Finance Minister urged banks to stop mis selling non bank financial products and focus on core functions of deposit mobilisation and lending. She identified a regulatory gap between banking and insurance regulators that enabled unnecessary insurance sales. The RBI's draft guidelines require full refunds and compensation for mis sold products, invited public feedback until March 4, and set a proposed implementation date of July 1; the RBI also emphasised deposit and credit growth and its approach to policy rate decisions and liquidity provision.
February 23, 2026
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International drug trafficking leads to seizures and arrests after coordinated police and customs operation
An investigation targeted an international drug trafficking syndicate that used export consignments, logistics firms and courier services to smuggle psychotropic tablets abroad. Police coordination with Customs led to interception of a shipment misdeclared as household goods and, after obtaining police custody remand, a joint raid at a port warehouse recovered and seized a massive quantity of psychotropic tablets, following earlier local seizures and successive arrests that mapped the syndicate's supply chain roles.
February 23, 2026
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Tariff policy struck down spurs market rally while raising questions about future trade renegotiations and investor positioning.
The invalidation of the reciprocal tariff policy prompted investor reassessment of trade risks and the possible scope of renegotiations, boosting domestic equities-notably banks, power, FMCG and consumer discretionary-while IT faced pressure; currency moves, long-term yields, crude prices and a shift in institutional flows (foreign selling, domestic buying) moderated the overall market response.
February 23, 2026
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Currency movement: rupee edged higher as oil and dollar softened, but outflows and geopolitics limited gains.
Rupee appreciation to 90.87 was driven by falling global crude and a weaker dollar but capped by foreign fund outflows and geopolitical concerns; importers and FPIs bought dollars on dips, intraday volatility was influenced by equity and debt yields, and the RBI reported a rise in forex reserves.
February 23, 2026
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Mis-selling offence under criminal law prompts banks to stop cross-selling and face refund and compensation obligations.
Mis-selling of financial products is treated as a criminal offence under the Bharatiya Nyaya Sanhita; the RBI's draft mis-selling guidelines require banks to refund the full amount paid and compensate customers for any loss under an approved policy, with the draft open for public feedback and stricter norms proposed to take effect from July 1. The Finance Minister urged banks to focus on core banking activities and address a regulatory gap between banking and insurance oversight, while the RBI framed the guidance within broader deposit, credit growth and liquidity considerations.
February 23, 2026
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SEBI registered advisory: protects investors through fiduciary duty, transparency, suitability and grievance mechanisms.
Unregulated investment advice creates significant investor risk due to lack of accountability and remedies. SEBI registration imposes qualification, recordkeeping, communication limits, and a duty to act in clients' best interests. Registered advisers must provide transparent fee and risk disclosures, assess client suitability, document recommendations to create an audit trail, and operate within formal grievance redressal frameworks, while promoting investor education and disciplined long-term planning.
February 23, 2026
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Emergency powers ruling overturns IEEPA-based tariffs, prompting alternative trade-law tariffs and international uncertainty over trade arrangements.
A high-court decision invalidated tariffs imposed under the International Emergency Economic Powers Act, leading the administration to propose replacement duties under an alternative trade statute. The shift raises questions about US tariff authority, potential refunds for taxes collected under the invalidated measures, and the stability of negotiated trade arrangements, while affected trading partners pursue assessments and diplomatic consultations to mitigate harm to exporters.

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ICC T20 World Cup 2026: Defending Champions India Start as Favourites at Home

February 11, 2026

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Defending champions India will be showcasing their strengths in front of their fans Delhi, India (NewsVoir) Defending Champions and Co-Hosts India kick off their 2026 ICC T20 World Cup campaign on February 7 against the United States of America, who are currently mired by the suspension of USA Cricket ahead of the mega-event in India.

After winning the 2024 T20 World Cup held in the USA and the West Indies, India bid adieu to Rohit Sharma, Virat Kohli, and Ravindra Jadeja as the experienced trio walked away from the shortest format of the game at the international stage.

With Gautam Gambhir taking charge of the Men in Blue, Suryakumar Yadav was appointed as the captain of the Indian team in T20Is, as Abhishek Sharma, Tilak Varma, and Varun Chakravarthy stamped themselves as ever-presents for India.

The Suryakumar-led side has since then grown leaps and bounds as India has solidified their spot at the top of the ICC T20I rankings. Abhishek and Tilak have grasped two of the top three spots in the batters’ rankings, while Varun Chakravarthy is ruling the roost in the bowlers’ list.

Placed in Group A alongside arch-rivals Pakistan, the USA, Namibia, and the Netherlands, the Men in Blue should be one of the favorites to reach the Super Eight stage. Let’s have a look at how India heads into the tournament and whether their preparations are up to the mark as they will be defending the coveted trophy in front of their fans: India’s record since the 2024 T20 World Cup Triumph Indian cricket fans would have expected a topsy-turvy start to their new era, but Gambhir and Suryakumar have quashed their doubters by winning every T20I series in the build-up to the 2026 ICC T20 World Cup.

Suryakumar kicked off his captaincy era with a bang against Sri Lanka and Bangladesh as the Men in Blue clean-swept both of their neighbors. While India won all three matches against Sri Lanka, including a win in the Super Over, the Men in Blue completely annihilated Bangladesh in all three fixtures, especially the 133-run win in the dead rubber, courtesy of a Sanju Samson century.

While India got off to a good start to the Suryakumar era, their real test was yet to come as Gambhir’s men travelled to the rainbow nation to face South Africa for a 4-match T20I series.

Both Samson and Tilak scored two centuries each to help India register a 3-1 win in the series, where they were expected to be heavily challenged by the Proteas. Chakravarthy scalped 12 wickets in 4 matches, including a 5-wicket haul in the only match India lost, as the seamers failed to support the spinners on a sluggish surface.

England then toured India in January 2025, and the Men in Blue were clinical yet again, winning the series 4-1. After India had already wrapped up the series 3-1, Abhishek Sharma’s blitz of 135 runs off 54 balls helped India win the dead rubber by an emphatic margin of 150 runs.

After winning the England series, India’s next T20I assignment came in September as the Men in Blue won the Asia Cup, defeating arch-rivals Pakistan thrice in a span of two weeks to lift the coveted trophy.

After winning the Asia Cup, the Men in Blue went down under and defeated Australia in their own backyard, followed by a 3-1 win against South Africa at home and are now on course to win the New Zealand series as well, which is the last stop on the road to the 2026 ICC T20 World Cup.

Squad Abhishek Sharma, Sanju Samson (wk), Ishan Kishan (wk), Tilak Varma, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel (vc), Washington Sundar, Harshit Rana, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah, Kuldeep Yadav.

Key Players for India The Men in Blue have the privilege of the playing XI being packed with a plethora of match-winners, with the likes of Shreyas Iyer and Kuldeep Yadav failing to break into the playing XI.

#1 Abhishek Sharma The left-hand batter is mentored by Yuvraj Singh, the hero of India’s 2007 ICC T20 World Cup and 2011 ICC Cricket World Cup triumphs. It would be fair to say that Abhishek Sharma has emerged as the most prominent player in the last two years, smashing 1199 runs at a strike rate of more than 190.

The ability to smack the ball out of the ground, maximum after maximum, has hurt opposition sides in the last two years, showcased by Abhishek’s stats of 2 centuries and 7 half-centuries. When we look at Sharma’s numbers in India, the average and strike rate both improve massively as the southpaw has scored 501 runs in 13 innings at a strike rate of 206.17.

#2 Hardik Pandya Hardik Pandya is the most experienced T20I player in the side.

The vice-captain of the Indian team in the 2024 ICC T20 World Cup triumph was arguably left high and dry as the captaincy armband was passed on from Rohit Sharma to Suryakumar Yadav after Gambhir’s appointment. Nonetheless, Hardik Pandya has proved to be undroppable with his crucial ability to score runs at a fast pace in the middle overs and often provides the finishing touches as well.

Pandya enjoyed a memorable 2024 year in T20I cricket and has often been deployed as the second seamer in the run-in to the 2026 T20 World Cup. The all-rounder’s capabilities of taking the new ball and swinging it both ways has often proven to be a masterstroke, especially against left-hander opening batters.

#3 Varun Chakravarthy Varun Chakravarthy was made the scapegoat of the embarrassment handed to India in the 2021 ICC T20 World Cup as the Kolkata Knight Riders’ mystery spinner failed to adjust to the pitches on offer in the United Arab Emirates.

Since then, the former architect has developed a couple of new variations in his mystery spin bowling and has also improved the fielding and batting aspects of the game, becoming more than a single-trick pony as he was often called back in 2021.

The spinner has scalped 55 wickets in 28 matches since the end of the 2024 T20 World Cup at a brilliant average of less than 13. The KKR spinner would be ready to unleash havoc with India playing its matches across the spin-friendly pitches of Colombo and Chennai, while bowling in Mumbai or Delhi could prove to be a challenge for the No. 1-ranked bowler in T20Is.

Predicted Playing XI India: Abhishek Sharma, Sanju Samson (wk), Tilak Varma/Shreyas Iyer, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah.

Contributed by- Mohak Arora, Parimatch Sports analytics expert (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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