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    VHP slams Karnataka minister Priyank Kharge for 'money laundering' comment on RSS
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February 16, 2026
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Money laundering allegation against a nationalist organisation denounced as defamatory strategy and political insult to patriots.
VHP condemns a Karnataka minister's claim linking the RSS to money laundering as false, defamatory and a deliberate political strategy to insult patriotic organisations and reduce the speakers' acceptance; it asserts such tactics aim at appeasement and defamation, calls for those who prioritise Hindu interests to hold power for community protection, and warns against exploiting religion for political gain.
February 16, 2026
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Compliance first stablecoin payments enable regulated cross border payouts and corporate cards for emerging market businesses.
Endl secured pre seed funding to scale a compliance focused, stablecoin centred cross border payments platform offering multi currency accounts, regulated stablecoin rails, fiat stablecoin conversions, corporate cards and treasury services, with investments directed toward regional banking integrations, compliance systems and enterprise security to serve businesses in emerging markets.
February 16, 2026
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Money laundering notices issued after chargesheet alleging diversion of foreign loan proceeds into non-oil uses.
A special PMLA proceeding alleges systematic diversion of foreign currency loan facilities sanctioned for Mozambique oil and gas assets; loan proceeds were routed via Videocon Hydrocarbon Holdings Ltd and multiple overseas group companies, layered through a complex web of entities, and remitted back to India for non-sanctioned uses including non-oil business expenses, investments and creation of personal and corporate assets, with the ED quantifying the proceeds of crime and a PMLA court issuing notices to thirteen accused following the chargesheet.
February 16, 2026
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Interim trade agreement: delegation to finalise legal text ahead of expected signing following framework agreement.
An interim trade agreement framework will be converted into operative legal text through bilateral drafting: an Indian negotiating delegation will travel to the United States to finalise the legal agreement while virtual talks continue, moving from a joint statement of contours to definitive treaty language and preparing the instrument for signature.
February 16, 2026
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FD-backed secured credit: card links credit limit to fixed deposit, with tiered cashback, fee waivers, and FD access.
Introduction of a fixed deposit-backed secured credit card linking credit limit to 100% of an underlying fixed deposit, permitting FD access via ATM withdrawals subject to a withdrawal fee and an interest free window. The card applies a tiered cashback structure with category and monthly caps, includes joining and annual fees with time limited waivers and conditional reversals tied to annual spends, and provides consumer protections such as insurance, purchase protection, lost card liability cover, and surcharge waivers.
February 16, 2026
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Deposit-taking NBFC registration enables instant digital personal loans with streamlined KYC, quick disbursal, and flexible repayment options.
Bajaj Finance offers an instant digital personal loan delivered via a personal loan app that uses analytics and electronic verification to provide quick eligibility decisions, minimal documentation, OTP mobile verification, online KYC completion, and rapid electronic disbursal to the customer's registered bank account, with flexible tenures, repayment management tools, and features designed to meet diverse consumer financing needs.
February 16, 2026
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Trade balance worsens as imports outpace exports, prompting elevated trade deficit and revised export projections for the fiscal year.
Merchandise exports rose 0.61% to USD 36.56 billion in January while imports grew 19.2% to USD 71.24 billion, producing a January trade deficit of USD 34.68 billion; April-January exports increased 2.22% to USD 366.63 billion. The Commerce Secretary stated exports in goods and services remain on an upward trend and projected combined fiscal year exports of goods and services are likely to exceed USD 860 billion.
February 16, 2026
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Incentive Scheme for digital payments increased UPI adoption and expanded payment infrastructure, recommending targeted measures for RuPay uptake.
The report assesses the design, implementation and socio-economic effects of the Incentive Scheme for promotion of RuPay debit cards and low-value BHIM-UPI P2M transactions, noting that structured budgetary support reduced cost barriers, accelerated merchant onboarding, expanded acceptance infrastructure and strengthened the payments ecosystem. Based on primary and secondary research, it finds marked increases in UPI adoption, merchant QR deployment and bank participation, increased user confidence and reduced cash reliance, and recommends targeted measures to deepen RuPay usage, rural penetration, connectivity, digital literacy and fraud mitigation.
February 16, 2026
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Market rebound as banking and power stocks lead recovery amid global rate-cut expectations and stable currency support.
Equity benchmarks rebounded nearly one percent led by renewed buying in banking and power stocks, reversing a recent decline as large-cap financials and utilities outperformed. The rally was supported by expectations of sustained power demand, improving loan growth and stable bank asset quality. Macro cues-falling US long-term yields, a stable rupee and steady crude oil-added support, while foreign institutional investors were net sellers and domestic institutional investors were net buyers.
February 16, 2026
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Inflation trends show rising wholesale prices, prompting continued RBI focus on retail inflation for monetary policy.
Wholesale price inflation rose to 1.81% in January due to increases in food articles, non-food articles, textiles and manufacturing subgroups, while fuel and power remained in deflation. Manufactured products and non-food articles recorded higher inflation compared with the prior month. The Reserve Bank of India continues to emphasise retail inflation as the primary indicator for benchmark interest-rate decisions, having reduced policy rates earlier in the fiscal year and subsequently retained key rates.
February 16, 2026
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Trade mission to India leverages the UK India Free Trade Agreement to boost West Midlands investment, exports and academic ties.
A West Midlands mayoral trade mission to Ahmedabad, Mumbai and Bengaluru (23-27 February 2026) aims to operationalise the UK India Free Trade Agreement by promoting exports, attracting inward investment to the West Midlands Investment Zone, and deepening academic and cultural ties. Led by regional political, business and university figures and coordinated by the West Midlands Growth Company with Indian partners, the programme features sectoral roundtables and events on the Commonwealth legacy, visitor economy, technology, urban transformation, and AI skilling to foster commercial, research and skills partnerships between West Midlands entities and Indian corporations and institutions.
February 16, 2026
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Highway upgradation provides an alternate freight corridor, reducing urban congestion and enhancing regional connectivity and employment.
Approval is granted for rehabilitation and upgradation of the Ghoti-Trimbak-Jawhar-Manor-Palghar section of NH-160A in Maharashtra on Engineering, Procurement and Construction (EPC) mode, covering 154.635 km with a Total Capital Cost of Rs.3320.38 crore. The project provides 2-lane or 4-lane configurations with paved shoulders according to traffic projections to relieve congestion, integrate with expressways and highways, connect multiple economic and logistics nodes under PM GatiShakti, and generate substantial direct and indirect employment.
February 16, 2026
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Four-lane upgradation of NH-56 sections approved to improve regional connectivity and reduce travel time substantially.
Cabinet approval authorises upgradation of two NH-56 sections in Gujarat to four-lane standard under the HAM Mode, totaling 107.67 km at a Total Capital Cost of Rs.4583.64 crore. Designed for 100 km/h (70 km/h average), the works aim to cut travel time by about 40%. The alignment passes through aspirational and tribal districts, enhances access to the Statue of Unity, links to major highways and the Delhi-Mumbai Expressway, began partial construction in November 2025 with a two-year completion target, and is projected to generate significant direct and indirect employment.
February 16, 2026
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Highway widening approval advances NH 167 to four lanes under Hybrid Annuity Mode, enhancing regional connectivity and employment.
The Cabinet approved widening NH 167 from Gudebellur to Mahabubnagar to a four lane access controlled standard over 80.01 km on Hybrid Annuity Mode (HAM) under the NH (O) scheme, covering bypasses, realignments and utility shifting. The alignment connects with NH 150 and NH 167N and links multiple economic, social and logistic nodes, aiming to reduce congestion and travel time, enhance freight efficiency and multimodal integration, and generate substantial direct and indirect construction period employment.
February 16, 2026
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Project approval for underwater road rail tunnel enabling 4 lane greenfield connectivity between Gohpur and Numaligarh under EPC.
Cabinet approved a 33.7 km 4 lane access controlled greenfield corridor between Gohpur (NH 15) and Numaligarh (NH 715) including a 15.79 km twin tube TBM underwater Road cum Rail tunnel with rail provision in one tube, implemented on an EPC basis. The scope covers civil works, land acquisition, short road and rail cut and cover sections, and integration with existing highways and railway sections to deliver multimodal connectivity to airports, inland waterways, railway stations and economic, social and tourist nodes, with estimated traffic and employment implications.
February 16, 2026
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Currency depreciation driven by FII outflows and a stronger dollar, pressured further by declining forex reserves.
The rupee weakened to 90.67 against the US dollar amid FII outflows and a stronger dollar, with rising crude prices and a notable weekly decline in forex reserves cited as contributing factors; market commentary noted narrow intraday trading and flagged impending trade balance data as potentially influential.
February 16, 2026
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Rail network expansion approved to add multitrack capacity, boost freight movement and reduce emissions while improving regional connectivity.
Cabinet approved three multitracking projects (Kasara-Manmad, Delhi-Ambala, Ballari-Hosapete) under PM Gati Shakti to add third and fourth lines across 12 districts, increasing the rail network by about 389 km at an estimated combined cost of Rs 18,509 crore through 2030-31. The works are projected to generate about 265 lakh human days of construction employment, augment freight capacity by 96 MTPA, improve connectivity to roughly 3,902 villages (population ~97 lakh), reduce logistics costs and oil imports, and lower CO2 emissions for more sustainable rail operations.
February 16, 2026
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Venture capital mobilisation for startups to prioritise deep tech, early growth support, and regional investment across the country.
The Startup India Fund of Funds 2.0 establishes a government-backed corpus to mobilize long-term domestic venture capital, strengthen the domestic venture capital base by supporting smaller funds and AIFs, and address capital gaps. The Scheme prioritises deep tech and tech-driven innovative manufacturing, supports early-growth stage founders to reduce funding shortfalls, and promotes national reach to crowd in private investment beyond major metropolitan centres.
February 16, 2026
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Credit to G.D.P. ratio reform to expand financing and make financial institutions more agile for national development.
The Department of Financial Services convened a policy shivir to solicit strategic reforms to align banking and financial services with Viksit Bharat@2047, focusing on enhancing the Credit to G.D.P. ratio, increasing agility of public financial institutions, deploying new large scale financing mechanisms, deepening the bond market, reducing intermediation costs, strengthening banks' role in MSME financing, and promoting insurance and pension product innovation alongside financial inclusion and cyber security to build a more resilient financial system.
February 15, 2026
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Tax accountability: Allegations of fundraising and money laundering prompt calls to apply law and constitutional obligations to unregistered organisations.
Allegations focus on tax accountability and potential money laundering by an unregistered organisation receiving funds via a broad domestic and international network; the commentator demands that law and the Constitution apply equally, questions the source and treatment of donations described as "guru dakshina," and urges registration, disclosure and tax compliance along with scrutiny of cross border fundraising.

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ElevateX 2026, Marking a New Chapter in Human Centric and Intelligent Automation

February 11, 2026

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Poi Toong Tang, VP Sales APAC; James Davidson, Chief AI Officer; Sougandh K M, Business Director South Asia, at ElevateX 2026, Bengaluru Bengaluru, India | February 11, 2026: Teradyne Robotics today hosted ElevateX 2026 in Bengaluru - its flagship industry forum bringing together Universal Robots (UR) and Mobile Industrial Robots (MiR) to spotlight the next phase of human‑centric, collaborative, and intelligent automation shaping India’s manufacturing and intralogistics landscape.

Designed as a high‑impact platform for industry leadership and ecosystem engagement, ElevateX 2026 convened 25+ CEO/CXO leaders, technology experts, startups, and medias, reinforcing how Indian enterprises are progressing from isolated automation pilots to scalable, business‑critical deployments. Ots) Teradyne Robotics emphasized the rapidly expanding role of flexible and intelligent automation in enabling enterprises to scale confidently and safely. With industrial collaborative robots (cobots) and autonomous mobile robots (amr’s) becoming mainstream across sectors, the company underlined its commitment to driving advanced automation, skill development, and stronger industry‑partner ecosystems in India.

The event showcased several real‑world automation applications featuring cobots and amr’s across key sectors including Automotive, F&B, FMCG, Education, and Logistics. These demos highlighted the ability of Universal Robots and MiR to help organizations scale quickly, redeploy easily, and improve throughput and workforce efficiency.

Showcasing high‑demand applications from palletizing and welding to material transport, machine tending, and training, the demonstrations reflected how Teradyne Robotics enables faster ROI, simpler deployment, and safe automation across high‑mix and high‑volume operations.

Speaking at the event, James Davidson, Chief Artificial Intelligence Officer, Teradyne Robotics, said, “Automation is entering a defining era - one where intelligence, flexibility, and human-centric design are no longer optional, but fundamental to how businesses innovate, scale, and compete. AI is transforming robots from tools that simply execute tasks into intelligent collaborators that can perceive, learn, and adapt in dynamic environments. In India, we are witnessing a decisive shift from experimentation to enterprise-wide adoption, and ElevateX 2026 reflects this momentum - bringing the ecosystem together to explore how collaborative and intelligent automation can become a strategic growth engine for both established enterprises and the next generation of startups.” Poi Toong Tang, Vice President of Sales, Asia Pacific, Teradyne Robotics, added, “India is rapidly emerging as one of the most important and dynamic automation markets in Asia Pacific. Organizations today are not just looking to automate - they are looking to build operations that are flexible, resilient, and future-ready. The demand is for modular automation that delivers faster ROI and can evolve alongside business needs. Through Universal Robots and MiR, we are enabling end-to-end automation across production and intralogistics, helping Indian companies scale with confidence and compete on a global stage.” Sougandh K.M., Business Director – South Asia, Teradyne Robotics, said, “India’s automation journey will be defined by collaboration across its ecosystem — by partners, system integrators, startups, and skilled talent working together to turn technology into real impact. At Teradyne Robotics, our belief is simple: automation should be for anyone and anywhere, and robots should enable people to do better work, not work like robots. Our focus is on automating tasks that are dull, dirty, and dangerous, while helping organizations improve productivity, safety, and quality. ElevateX 2026 is about lowering barriers to adoption and building long-term capability in India, making automation practical, scalable, and accessible, and positioning Teradyne Robotics as a trusted partner in every stage of that growth journey .” Customer Case Story Testimonial/Teaser A key highlight of ElevateX 2026 was the spotlight on customer success and Origin stood out. As a fast‑growing U.S. construction tech startup, they shared how partnering with Universal Robots is driving measurable impact through improved productivity, stronger safety and consistently high‑quality project outcomes powered by collaborative automation.

Yogesh Ghaturle is the Co-founder and CEO of Origin, said “Our goal is to bring true autonomy to the construction site, transforming how the world builds. Executing this at scale requires a technology stack where every component operates with absolute predictability. Universal Robots provides the robust, operational backbone we need. With their cobots handling the mechanical precision, we are free to focus on deploying our intelligent systems in the real world.” ABOUT TERADYNE ROBOTICS Teradyne Robotics is a global leader in advanced robotics, dedicated to revolutionizing manufacturing processes through innovation in collaborative and mobile robotic technology. Teradyne Robotics companies, Universal Robots and Mobile Industrial Robots (MiR) empower businesses of all sizes to enhance operational efficiency by integrating the power of machines with human talent. Our comprehensive range of solutions enables companies to optimize manufacturing processes, leading to improved product quality, and increased productivity, while greatly improving worker safety.

Teradyne Robotics is a division of Teradyne (NASDAQ:TER), a leading supplier of automatic test equipment and advanced robotics. For more information, visit www.teradyne.com.

www.universal-robots.com and www.mobile-industrial-robots.com, Teradyne® is a registered trademark of Teradyne, Inc. in the U.S. and other countries.

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

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