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    Rajasthan Cabinet approves Revenue Intelligence and Economic Offences Directorate, industrial park policy
    ED attaches Anil Ambani's 'Abode' worth Rs 3,716 crore
    Rajasthan cabinet approves bills to allow people with more than two children to contest local body elections
    Stock markets edge up in volatile trade; Waaree Energies tanks 10pc on 126% US solar duties
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February 25, 2026
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Revenue Intelligence and Economic Offences Directorate expands remit to investigate economic crimes and tax evasion.
The government replaces the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate empowered to investigate real estate fraud, banking and insurance financial crimes, NBFC and securities offences, multi-level marketing scams, fake insolvency cases, fraudulent recruitment and admission documents, illegal encroachments, stamp and registration irregularities, shell companies and cooperative scams, and to integrate inputs from tax and other revenue departments to check revenue leakages and curb tax evasion.
February 25, 2026
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Asset attachment under PMLA targets luxury property amid alleged bank fraud; further questioning scheduled by investigators.
A provisional order under the Prevention of Money Laundering Act attaches the Mumbai residence 'Abode', a multi storeyed luxury house valued at Rs 3,716.83 crore, in a probe connected to an alleged bank fraud by Reliance Communications; the cumulative attached value in the investigation is about Rs 15,700 crore.
February 25, 2026
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Judicial integrity concerns prompt objection to textbook chapter, with related Supreme Court guidance on public discourse and a trial stay.
The Chief Justice objected to an NCERT Class 8 chapter on judicial corruption, leading to its removal and highlighting protection of judicial integrity. The Supreme Court emphasised that high constitutional office holders must not target communities and stayed trial proceedings by the Enforcement Directorate against a state chief minister. Separately, the US initiated a preliminary countervailing duty on certain Indian solar imports and the UK introduced mandatory electronic travel authorisations and eVisas, reflecting trade remedy and migration procedural changes.
February 25, 2026
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Two-child disqualification removed for local body elections, while discriminatory disease-based bar deleted and a new economic offences directorate established.
The cabinet introduced amendment bills to remove the statutory bar on persons with more than two children contesting local body elections and approved deleting "leprosy" as a disqualifying disease in municipal election law, while replacing the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate to investigate and prevent financial crimes, real estate fraud, shell companies, forged documents, illegal encroachments and revenue leakages, and coordinating inputs from tax and sectoral departments.
February 25, 2026
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Countervailing duty on Indian solar imports shocks markets; solar stocks plunge while benchmarks remain volatile.
A US preliminary countervailing duty of about 126 percent was imposed on certain Indian solar imports following allegations of unfair manufacturing subsidies; the announcement triggered a sharp sell-off in solar-sector equities and contributed to volatile trading in broader benchmarks, with analysts and flow data citing trade uncertainty, net foreign outflows, and cautious investor positioning as proximate market drivers.
February 25, 2026
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Indo-US trade deal risks farmers as unilateral US tariff actions leave exports vulnerable; India urged to suspend the agreement.
The Indo-US interim trade deal is criticised as one-sided because US imposition of a high duty on Indian solar module imports shows Indian exports are subject to unilateral executive tariff measures, leaving exporters vulnerable; opposition leaders urge India to put the agreement on hold to protect farmers and reassess safeguards for exporters in light of a judicial finding that such presidential tariffs exceeded lawful authority.
February 25, 2026
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Integrated multimodal infrastructure: four projects evaluated to strengthen connectivity, capacity and last mile linkages under national planning.
The Network Planning Group evaluated four projects for conformity with PM GatiShakti principles of integrated multimodal infrastructure, last mile connectivity and a Whole of Government approach. Two third line railway projects (Jalandhar Cantt-Jammu Tawi and Manikpur-Itarsi) aim to augment rail capacity, resilience and operational throughput on strategic corridors. A Greenfield airport at Doloo, Silchar is proposed to relieve airport capacity constraints and stimulate regional socio economic growth. A Surat Metro extension is proposed as a dedicated feeder link to the Mumbai-Ahmedabad HSR corridor to enable seamless last mile and modal integration.
February 25, 2026
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Smartphone exports become top export category as manufacturing scale and premium device production boost overseas shipments.
Smartphone exports have become the country's leading export category, propelled by expanded domestic production and the manufacture of premium devices for high-value overseas markets. The growth in export value is linked to large-scale, export-oriented manufacturing and is expected to be reinforced by the commencement of new semiconductor production capacity, with market observers noting premium-brand assembly and diversified export destinations as key drivers.
February 25, 2026
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Payment assurance: Bank honoured government principal and interest despite an ongoing fraud investigation and reconciliation caveats.
A branch-level fraud involving forged instruments and payment instructions affecting Government of Haryana departments is under investigation, with preliminary findings indicating possible employee collusion with external parties. Despite the ongoing probe, IDFC FIRST Bank has honored 100% of the principal and interest claimed by the affected departments, subject to final reconciliation and any further claims, and states it is cooperating with law enforcement and regulators under the FEMA / RBI framework.
February 25, 2026
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Fair trade: Germany seeks balanced, regulated economic partnership with China and support for diplomatic resolution in Ukraine.
Germany seeks a fair economic playing field with China by demanding reduced barriers to foreign companies, remedies for systemic overcapacity and export or access restrictions that distort competition, and cooperation to uphold supply-chain stability. The visit also urges Chinese diplomatic assistance to help negotiate a comprehensive, lasting peace in the Russia-Ukraine conflict, linking trade concerns to multilateral crisis resolution.
February 25, 2026
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Countervailing duties on Indian solar imports after preliminary subsidy finding; investigations and anti dumping probes continue.
The United States Department of Commerce issued preliminary affirmative determinations imposing a preliminary countervailing duty on certain Indian crystalline silicon photovoltaic cells and related solar goods, while announcing different preliminary duties on comparable imports from Indonesia and Laos. Commerce noted increased imports of the Indian products, is conducting concurrent anti dumping investigations of solar cells from the three countries, and has scheduled a final determination in the countervailing duty investigations to follow the preliminary findings.
February 25, 2026
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Free trade agreement negotiations between India and GCC launched to deepen trade ties, provide business predictability and boost investment.
A Joint Statement and prior Terms of Reference have initiated negotiations for a comprehensive Free Trade Agreement between India and the GCC to establish a predictable, broad-based trading framework. The Statement emphasises objectives of expanding and diversifying bilateral trade and investment, enhancing market access in identified export and import sectors, and leveraging historical ties and diaspora links. It frames the FTA negotiations as a mechanism to unlock trade potential, strengthen economic integration, and provide predictability for businesses, with specific tariff and regulatory commitments to be determined through negotiations.
February 25, 2026
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Free Trade Agreement negotiations aim to deepen trade and regulatory cooperation between India and Israel.
First round negotiations for an India Israel Free Trade Agreement began under a signed Terms of Reference, with technical sessions on trade in goods and services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, customs procedures and trade facilitation, and intellectual property rights, aiming to provide certainty to businesses, strengthen supply chains and expand bilateral economic cooperation.
February 25, 2026
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Preferential trade access expands through high quality FTAs, enabling broader market access and stronger export competitiveness.
India has expanded preferential trade access through a series of high quality free trade agreements, advancing negotiations with multiple partners including a Gulf Cooperation Council bloc, Israel, Chile and Canada. The government connects FTAs to export growth-citing increased merchandise trade with partners-and is supporting MSME integration via an Export Promotion Mission that improves credit access, reduces costs and assists with compliance. A four point roadmap directs grassroots FTA dissemination, a focus on quality and standards, value chain upgrading, and development of local export ecosystems through industry-MSME partnerships.
February 24, 2026
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Wheat export permission allows limited shipments while preserving domestic food security and protecting farmer returns through set modalities.
The government authorised limited wheat exports while maintaining a general prohibition, subject to a capped export allocation and forthcoming operational modalities. Wheat flour and related products remain largely prohibited except for a separate limited allowance and government to government food security permissions. The policy is justified by assessed higher private and central stocks, projected central pool availability and increased acreage supported by MSP and procurement, with aims to stabilise domestic prices, prevent distress sales, improve liquidity and allow exports without endangering domestic supply.
February 24, 2026
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Product contamination probe: forensic and food safety testing underway after suspected coolant leak linked to renal harm.
No urea traces were detected in milk linked to deaths and hospitalisations; ethylene glycol contamination and a suspected coolant leak from a freezer are under investigation. Recognised food safety, veterinary and forensic laboratories have received milk, product and environmental samples for phased testing; results will determine whether adulteration or accidental contamination occurred. The implicated dairy unit was sealed, the vendor detained, extensive household screening and blood testing conducted, and law enforcement indicated criminal proceedings will follow based on forensic and post mortem findings.
February 24, 2026
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Free Trade Agreement negotiations to advance India-GCC cooperation in energy, trade and investment and strategic ties.
India and the Gulf Cooperation Council have initiated negotiations for a Free Trade Agreement alongside a Joint Action Plan under a Strategic Dialogue to deepen cooperation in energy, trade and investment, agriculture, security, and people to people ties, positioning the FTA as the central instrument to structure and expand economic relations between India and the six member GCC bloc.
February 24, 2026
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RTI disclosure: numerical figures for sports arms imports must be released following a wrongful commercial-confidentiality refusal under the Act.
A trade department withheld calibre-wise quantities of sports arms imports citing commercial-confidence exemption under the Right to Information, yet admitted possession of the numerical data and failed to justify the exemption's application to mere quantities; the commission required a revised, point-wise reply limited to numerical figures while preserving legitimately exempt material.
February 24, 2026
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Challenge to benami attachment must be brought before statutory Benami Act authorities, not insolvency or company-law forums.
Attachment orders under the Prohibition of Benami Property Transactions Act, 1988 can be challenged only before the statutory authorities and appellate mechanisms provided within that Act; insolvency and company-law fora lack jurisdiction to entertain such challenges and resorting to them to circumvent Benami Act procedures amounts to an abuse of process.
February 24, 2026
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Spectrum auction policy recommends selling all available bands, reclaiming insolvent holders' airwaves, and easing entry to boost competition.
Trai recommends auctioning all available IMT spectrum and reclaiming airwaves from providers in insolvency, lowers networth entry thresholds for new entrants while retaining 2024 eligibility conditions, and proposes a uniform spectrum cap to protect competition without forcing operators to surrender existing holdings. It prescribes auction modalities, standard 20 year charge periods (with special 600 MHz incentives including extended validity, a payment moratorium and delayed rollout), excludes the upper 6 GHz band pending trials, and introduces a coverage for discount scheme with mandatory tower sharing and periodic spectrum revaluation.

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IIM Lucknow, TimesPro invite applications for the 10th intake of the Chief Strategy Officers Programme

February 11, 2026

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Lucknow (Uttar Pradesh) [India], February 11: In a world of sharper geopolitical faultlines, faster technology cycles and heightened scrutiny, strategy has become a continuous discipline. Organisations increasingly need senior leaders who can read signals early, make hard trade-offs with analytical rigour and translate ambition into execution across functions and geographies. Against this backdrop, the Indian Institute of Management Lucknow (IIM Lucknow), in association with TimesPro, has begun accepting applications for the 10th batch of its Chief Strategy Officers Programme, designed for experienced professionals shaping enterprise direction and driving multi-region transformation. Spanning 10 months, the programme develops end-to-end capability, from diagnosing external disruption to translating strategy into measurable execution. Participants learn to build advantage in fast-changing environments, integrate digital and AI into decision-making, embed ESG into long-range planning and manage risk through sharper capital allocation and scenario thinking. Designed for aspiring CSOs, COOs and CEOs, as well as senior managers and vice-presidents leading large change agendas, the programme builds the confidence to influence boards, guide business units and mobilise stakeholders around coherent strategic priorities.

As organisations navigate uncertainty and disruption, they need leaders who can ground strategy in evidence while acting with speed and clarity. PwC’s Global CEO Survey 2026, based on responses from CEOs across 95 countries and territories, shows that the foremost concern for many leaders is whether their organisations are transforming quickly enough to keep pace with technological change, including AI—42% cite this as their top concern. Gartner’s 2024 CEO and Senior Business Executive Survey echoes’ this urgency: 62% of CEOs rank growth as their highest business priority, while 34% identify AI as the leading theme for the next wave of business transformation after digital.

Aimed at professionals with 10+ years of full-time work experience, the programme is anchored in three interconnected modules: Sensing Opportunity, Crafting Competitive Advantage and Execution & Realising Competitive Advantage. The curriculum covers strategic decision-making, emerging disruptions, corporate and business strategy, international strategy, mergers and acquisitions, corporate entrepreneurship, strategic communication, change and transformation and design thinking, enabling participants to move from insight to action with rigour.

Commenting on the 10th batch, Sabayachi Sinha, Professor, IIM Lucknow said, “Strategy now demands both range and discipline; leaders must read uncertainty early, choose where to compete, and execute with clarity across functions and geographies. This programme develops that capability through structured frameworks, contemporary cases and peer learning that mirror boardroom complexity. Participants leave with sharper strategic intuition, stronger analytical tools and the ability to translate ambition into resilient, measurable growth.” Sridhar Nagarajachar, Business Head – Executive Education, TimesPro, said, “Senior leaders rarely need more information, they need better synthesis, decision discipline and execution velocity. Our collaboration with IIM Lucknow brings that together through live, faculty-led learning, applied assignments and a capstone that turns frameworks into outcomes. The programme fits demanding calendars while building credible strategic capability that leaders can deploy immediately across transformation, growth and stakeholder alignment.” Over the years, the Chief Strategy Officers Programme has drawn professionals from BFSI, manufacturing, FMCG, IT, healthcare and pharmaceuticals, and other sectors. Cohorts typically include C-suite leaders, vice presidents, directors and senior managers responsible for enterprise priorities and transformation roadmaps.

IIM Lucknow faculty deliver the learning through TimesPro’s Direct-to-Device platform, combining live sessions with case discussions, simulations, quizzes and graded assignments. A three-day on-campus immersion at IIM Lucknow enables deeper reflection and peer exchange. Participants also complete a capstone project, applying digital transformation, AI and innovation toolkits to a real strategic challenge. On successful completion, learners receive an IIM Lucknow certificate and alumni credentials.

About IIM Lucknow: The Indian Institute of Management Lucknow (IIM Lucknow), ranked 7th in NIRF 2024, stands among India’s premier business schools with global recognition through AACSB, EQUIS, and AMBA accreditations. With a 200-acre main campus in Lucknow and a strategic presence in Noida, the institute delivers world-class management education, high-impact executive programmes, and industry-driven research, shaping leaders for the future of business.

About TimesPro: TimesPro, established in 2013, is a leading Higher EdTech platform dedicated to empowering the career growth of aspiring learners by equipping them with skills to rise in a competitive world. TimesPro’s H.EdTech programmes are created to meet the rapidly changing industry requirements and have been blended with technology to make them accessible & affordable.

TimesPro offers a variety of created and curated learning programmes across a range of categories, industries, and age groups. They include employment-oriented early career programmes across BFSI, e-Commerce, and technology sectors; executive education for working professionals in collaboration with premier educational institutions like IIMs and IITs; and organisational learning and development interventions at the corporate level.

TimesPro also collaborates with India’s leading organisations across varied sectors to provide upskilling and reskilling solutions to boost employability and create a robust workforce. TimesPro is a Higher EdTech initiative by The Times Group.

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

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