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    imm india 2026 Positions India's Furniture & Interiors Industry for Global Leadership
    Asian shares gain as most regional markets stay closed for Lunar New Year holidays
    Cong cites OCCRP report to allege use of benami funds to amass large stakes in Adani Group
    AU Small Finance Bank Enhances Digital Savings Account Experience for Smarter Everyday Banking
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February 18, 2026
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Tariff elimination boosts India's export competitiveness, enhancing global sourcing and buyer engagement through imm india's trade platform.
Trade-policy shifts, notably the EU-India Free Trade Agreement, have eliminated or substantially reduced import duties on several Indian furniture categories, lowering average tariffs and simplifying customs procedures. imm india 2026 is structured as a B2B trade platform-featuring a Hosted Buyer Programme, The Sourcing Hub, curated showcases, and industry alliances-to enable direct sourcing, streamline buyer-seller engagement, and translate tariff and customs liberalisation into expanded export market access for Indian manufacturers.
February 18, 2026
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Trade tariffs reshape investment flows as US-Japan deal ties increased export levies to large bilateral investment commitments.
A bilateral trade arrangement between Japan and the United States is reported to include a substantial Japanese investment pledge in the US and an associated increase in export tariffs on Japanese goods, while a Japanese subsidiary's participation in a major US natural gas facility links cross border investment commitments to energy project involvement, framing market movements alongside investor concerns about overinvestment in AI infrastructure and resultant volatility.
February 18, 2026
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Benami funds allegations prompt call for parliamentary probe amid claimed regulatory inaction and governance failures.
Allegations assert the use of benami funds by close associates to amass significant stakes in a corporate conglomerate through intermediaries and trading firms, accompanied by claims of over-invoicing, cross-border transfers, and an alleged bribery scheme to secure contracts; these claims form the basis for demands for a parliamentary inquiry into corporate ownership concealment and associated governance failures amid perceived regulatory and enforcement inaction.
February 18, 2026
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Digital savings account transparency improves customer decision-making through instant account opening, UPI integration and built in interest tools.
AU Small Finance Bank's enhanced digital savings account focuses on instant digital account opening, UPI integration, 24x7 mobile banking, contactless debit card capabilities, and an integrated savings account interest rate calculator that provides transparent interest rate visibility to help customers evaluate returns, plan finances, and maintain liquidity while supporting financial inclusion.
February 18, 2026
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Business correspondent operationalisation advances as banks urged to scale services and complete digital monitoring and geotagging.
Monitoring Committee reviewed operational and governance aspects of the Business Correspondent model, noting implementation of a Business Correspondent Registry that identifies duplicate BCs and captures service and performance records; member banks completed geotagging of BC points and are using digital monitoring tools. The Committee advised banks to scale up and expand services at BC outlets, and discussed commission structures in remote areas, grievance resolution for BC organisations, and coordination to strengthen performance monitoring and financial inclusion.
February 17, 2026
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People's budget shaped by public suggestions to advance development priorities while maintaining fiscal discipline in state finances.
The upcoming state budget is characterized as a people's budget shaped by public suggestions, with over twelve thousand submissions and several thousand to be incorporated. It follows prior budget commitments-248 announcements with seventy-seven implemented and most others near completion-and is presented against strengthened fiscal metrics: rising GDP and per capita income, increased own revenue, broad departmental expenditure, fiscal deficit within FRBM limits, and a higher central tax share under the 16th Finance Commission. Socio economic gains cited include employment growth, expanded higher education, MSME formalisation, and export increases.
February 17, 2026
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Trade deal protections for farmers: government assures imports will be allowed only where farmer interests are safeguarded.
The minister stated the interim India-US trade agreement includes safeguards to prevent harm to farmers while allowing necessary imports to address domestic shortages; he defended policy choices on MSP orientation, procurement and buffer stocks as central to protecting farmer interests, and announced Bharat-VISTAAR, an AI-based platform to deliver market prices, crop advice, weather updates and scheme information to enhance farmer welfare and transparency.
February 17, 2026
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PMLA bail conditions prevent release where alleged large-scale fund diversion, multiple FIRs and risk of evidence tampering exist.
Denial of regular bail under the Prevention of Money Laundering Act followed allegations that the accused diverted homebuyer funds, leaving major construction incomplete; investigative records and account certifications showed a large shortfall between amounts collected and expenditure, and the accused was named in multiple FIRs and charge-sheets. The court found a strong possibility of reoffending or tampering with evidence if released and held that the PMLA twin bail conditions-opportunity for the prosecutor to oppose bail and judicial satisfaction of non-guilt and non-recidivism-were not satisfied.
February 17, 2026
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Secured shareholding: Byju's stake in Aakash to remain secured pending NCLAT disposal; TLPL allowed to subscribe.
Aakash undertook in the Supreme Court that Byju's shareholding in Aakash shall remain secured until disposal of the interlocutory application before the NCLAT; the Court recorded that undertaking and gave Byju's parent a limited period to subscribe to the second tranche of the rights issue. The dispute arises from TLPL's challenge to the rights issue amid TLPL's insolvency proceedings, and the NCLAT has permitted TLPL to apply for shares up to its original entitlement while restraining Aakash from taking matters requiring a special resolution until the dispute is adjudicated.
February 17, 2026
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Reporting requirement for local-currency foreign exchange derivatives now covers related-party global transactions; stakeholders invited to comment.
The Reserve Bank proposes draft Directions requiring Authorised Dealer Category - I banks to report foreign exchange derivative transactions involving the Indian currency undertaken by their related parties globally, extending trade repository coverage to offshore rupee derivative flows to enhance market transparency and pricing. The measure builds on earlier requirements for market-makers, primary dealers, and banks to report OTC and rupee interest-rate derivatives, and is published for stakeholder consultation with specified submission procedures.
February 17, 2026
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Customs digitisation shortens clearance times, enabling asset-backed logistics expansion aligned with infrastructure-focused trade reforms.
Union Budget emphasis on multimodal freight connectivity and customs modernisation is expected to reduce structural logistics costs and improve transit predictability. Glottis Logistics will invest in trailers and container assets to increase owned capacity, reduce third-party dependence and strengthen execution across trade corridors. Concurrent customs digitisation measures-electronic cargo sealing, non-intrusive inspections and extended duty deferment for authorised operators-aim to shorten clearance times and ease working capital pressures, making asset-backed operators with disciplined capital allocation better positioned to capture long-term trade competitiveness gains.
February 17, 2026
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Draft directions on foreign exchange dealings invite public comment to broaden authorised dealers' flexibility in products, risk management and platforms.
The Reserve Bank has issued draft Directions on Foreign Exchange Dealings of Authorised Persons and invited stakeholder comments. The draft seeks to refine regulation by expanding facilities and operational flexibility available to authorised dealers, focusing on foreign exchange products, risk management and trading platforms. It forms part of regulatory updates announced in the recent Statement on Developmental and Regulatory Policies, and specifies submission channels for public feedback.
February 17, 2026
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Health insurance co-payment options enhance CGHS beneficiary coverage with cashless hospitalization access and flexible network choices.
Paripoorna Mediclaim Ayush Bima is an optional indemnity-based in patient hospitalization policy exclusively for CGHS beneficiaries, coverable up to six members per policy. The product offers selectable co-payment sharing ratios between insurer and subscriber, cashless treatment through insurer and Third Party Administrator networks, and is promoted as a retail complement to existing CGHS benefits with a GST exemption to improve affordability.
February 17, 2026
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Economic security tied to self-reliance and trusted partners as trade deals reshape export controls and supply chains.
India is intensifying engagement from a position of strength, using recent trade agreements to strengthen economic security through self reliance, trusted partners, supply chain diversification and de risking in response to weaponised production, tightened export controls, market leverage and tariff induced demand uncertainty.
February 17, 2026
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Financial performance: Axis Max Life posts strong premium and profitability growth, boosting market share and new business margins.
Axis Max Life's 9M FY26 results show 20% YoY growth in Individual Adjusted First Year Premium to Rs. 6,396 crores and a 30% YoY increase in Value of New Business to Rs. 1,633 crores, with New Business Margin at 23.6% and private market share rising by 53 basis points to 9.8%; renewal premium, gross written premium, Embedded Value and Assets Under Management also registered double digit growth, while the release includes a standard disclaimer on forward looking statements and investment reliance.
February 17, 2026
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Money laundering probe: Tina Ambani skips ED summons; investigation targets alleged fraudulent foreign remittance and property sale.
Tina Ambani failed to appear for a second ED summons in a PMLA investigation concerning an alleged money trail tied to a Manhattan condominium purchase; she has been issued a fresh notice and will be questioned with her statement recorded under the Prevention of Money Laundering Act. The ED alleges a fraudulent sale of the New York property during a corporate insolvency process and that sale proceeds were remitted via a sham investment arrangement through a Dubai-based entity without the Resolution Professional's knowledge. The agency has arrested a former executive, formed a Special Investigation Team, attached assets, and filed multiple Enforcement Case Information Reports against group companies.
February 17, 2026
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Goods and Services Tax expansion lifted revenues and IGST settlements, backed by tech-driven compliance and targeted small-taxpayer measures.
GST receipts in the Union Territory rose steadily over three years, with concurrent IGST settlements from the Centre reflecting the destination-based tax design. The unified Goods and Services Tax (GST) regime and technology-enabled compliance (online registration, return filing, refunds, e-way bills) strengthened tax administration and widened the tax base. Administrative measures-Composition Scheme, quarterly returns, QRMP and district Suvidha Kendras-aim to ease compliance for small taxpayers, while sector-specific rate rationalisation and concessional inputs support handicrafts, horticulture and tourism. Remaining issues for small and unorganised producers include compliance burdens and IGST refund delays, which authorities are addressing through simplification and support.
February 17, 2026
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Exports growth drives trade expansion with larger services surplus despite a widening merchandise trade deficit in estimates.
India's combined merchandise and services exports for April-January 2025-26 are estimated at US$ 720.76 billion, up year on year, while combined imports are estimated at US$ 823.41 billion, producing a wider trade deficit; merchandise exports were US$ 366.63 billion and non petroleum exports US$ 320.94 billion, with services exports driving a services surplus of US$ 180.58 billion for the period.
February 17, 2026
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Vote on account authorizes provisional state expenditures to maintain services pending a full election year budget.
An interim state budget was presented seeking a vote on account to authorize provisional expenditures for the initial months of the 2026-27 financial year, enabling continuity of government services pending a full budget. The finance minister framed the vote on account alongside reported strong GDP expansion and rising per capita income to contextualize fiscal planning in the election year.
February 17, 2026
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Fiscal consolidation emphasized as interim budget pledges targeted social and transport allocations while alleging central fiscal bias.
Interim Budget 2026-27 allocates major sums to social security and transport-including a fare free bus travel scheme for women, student bus fares, diesel subsidy, and a Viability Gap Fund-while reporting a large revenue deficit and projecting a Fiscal Deficit targeted to reduce to three percent of GSDP. The estimates set out planned borrowings and repayments as part of debt management. The Minister alleged central actions have intensified Tamil Nadu's fiscal stress, criticised the 16th Finance Commission's recommendations, and urged central approval for pending metro projects.

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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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