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    Rupee rises 38 paise to 90.40 against US dollar in early trade
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February 12, 2026
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Rupee rises as foreign inflows and suspected RBI intervention boost liquidity amid oil price and trade-policy uncertainty.
The rupee rose to 90.40 per US dollar, supported by foreign fund inflows and suspected RBI intervention that kept systemic liquidity near Rs 3 trillion, while elevated crude prices and US-India trade-framework uncertainty restrained risk appetite and influenced market sentiment.
February 12, 2026
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US-India trade framework commits India to buy $500 billion of US goods and reduce tariffs on industrial and agricultural products.
The bilateral framework commits India to eliminate or reduce tariffs on US industrial goods and a wide range of food and agricultural products and obliges India to purchase USD 500 billion of US products over five years, specifying energy products, aircraft and parts, precious metals, technology products, and coking coal, while reaffirming continuation of broader Bilateral Trade Agreement negotiations to secure additional market access and supply chain resilience measures.
February 11, 2026
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IRCTC scam case: prosecution says later-obtained sanction preserves charges if no prejudice to accused is shown.
The prosecution argued that absence of prior official sanction did not bar framing of charges because a sanction can be obtained later without causing prejudice; sanction was in fact taken during pre-trial proceedings and defendants have not shown specific prejudice, while the question whether immunity from prosecution affects cognisance is a matter for trial.
February 11, 2026
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Direct tax collections rose 9.4% to Rs 19.44 lakh crore till Feb 10 on higher corporate receipts and lower refunds.
Net direct tax collections increased 9.4% to Rs 19.44 lakh crore through February 10, supported by a 14.51% rise in corporate tax to Rs 8.90 lakh crore and a 5.91% increase in non corporate taxes to Rs 10.03 lakh crore. Securities Transaction Tax receipts were nearly flat at Rs 50,279 crore, while tax refunds fell 18.82% to Rs 3.34 lakh crore. Gross direct tax receipts rose 4.09% to Rs 22.78 lakh crore, with gross corporate and non corporate mop ups of Rs 10.88 lakh crore and Rs 11.39 lakh crore respectively, against a Revised Estimate of Rs 24.84 lakh crore.
February 11, 2026
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Trade unions call a nationwide strike to oppose privatisation measures, demand pension restoration and oppose 100% FDI in insurance.
A joint forum of central trade unions has called a nationwide one-day strike affecting multiple public services to oppose policies seen as enabling privatisation and corporate access, demand withdrawal of the Electricity Amendment and related policy proposals, restore the Old Pension Scheme for power employees, oppose 100% FDI in insurance, roll back recent labour code measures and related bills, and press for stopping outsourcing and regular recruitment and regularisation of outsourced workers.
February 11, 2026
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National Productivity Week 2026 spotlights cluster-based growth for MSMEs to boost productivity and global value chain integration.
The National Productivity Council will observe the 68th National Productivity Week (12-18 February 2026) under the theme Clusters as Growth Engine: Maximizing Productivity in MSMEs, promoting cluster-led development to accelerate productivity and global value chain integration. NPC will run nationwide events through its 12 Regional Directorates and 24 Local Productivity Councils, working with central and state ministries, industry associations and academia. As an autonomous society under the Department for Promotion of Industry and Internal Trade, NPC provides consultancy, training and research across multiple technical and management domains to support MSME competitiveness and sustainable industrialisation.
February 11, 2026
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India's organic regulation strengthens export readiness at BIOFACH, urging India EU mutual recognition to expand organic trade.
India emphasised amendments to the National Programme for Organic Production enhancing credibility and international alignment, and urged early conclusion of a Mutual Recognition Agreement on organics with the European Union to enable reciprocal certification acceptance and expand bilateral organic trade, supported by APEDA-led market promotion and capacity-building measures for exporters, certification bodies and farmer organisations.
February 11, 2026
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SBI becomes fourth most valuable listed firm as strong quarterly results lift market capitalisation and profits.
SBI overtook TCS as the fourth most valuable listed company after its shares rose and market capitalisation increased. The bank disclosed record standalone profit of Rs 21,028 crore and consolidated profit of Rs 21,317 crore for the December quarter; standalone core net interest income grew 9.04% to Rs 45,190 crore on about 15.14% loan growth and a domestic net interest margin of 3.12%. Non interest income rose 15.65% to Rs 8,404 crore while total expenses rose to Rs 1,08,052 crore, as reported in a regulatory filing.
February 11, 2026
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RBI draft amendments target advertising, marketing and sales practices by banks and NBFCs to curb dark patterns and mis selling.
RBI has issued draft Amendment Directions to expand regulatory requirements on advertising, marketing and sales of financial products and services by all banks and NBFCs, covering Direct Sales/Marketing Agents, dark patterns and prevention of mis selling, and proposes corresponding amendments to Responsible Business Conduct and Undertaking of Financial Services Directions for various categories of regulated entities.
February 11, 2026
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IN-SPACe selects three firms to develop modular small satellite buses with grants and infrastructure support for hosted payloads.
IN-SPACe selected three private firms under the SBaaS initiative to develop modular, scalable small satellite bus platforms, awarding milestone linked grants and facilitating access to ISRO/DoS and IN-SPACe infrastructure, testing facilities, and technical expertise to support development, demonstration, and subsequent hosted payload missions.
February 11, 2026
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Union Budget should prioritise employment over investment figures, ensuring dignified jobs for youth and taxpayer safeguards.
Employment must be central to policy, with success measured by dignified jobs for youth rather than investment announcements; manufacturing and MSME growth requires skilling, local ecosystems, affordable credit and predictable regulation to generate jobs. Tax simplification should include safeguards to protect honest taxpayers from cashflow harm and compliance anxiety, and wider policy must address urban governance, water security, climate resilience and regional balance while prioritising farmers, informal workers and backward regions.
February 11, 2026
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Nationwide strike to disrupt electricity, banking, transport, health and utilities; unions demand withdrawal of privatisation bills.
A nationwide strike by a joint trade union forum is expected to disrupt electricity, banking, insurance, transport, health, education and utility services, with large-scale participation and partial bank-union involvement. Power-sector employees demand withdrawal of the Electricity (Amendment) Bill 2025 and the proposed National Electricity Policy 2026, restoration of the Old Pension Scheme, an end to outsourcing and regularisation of outsourced staff. Unions also oppose up to 100% FDI in insurance and seek repeal of recent labour codes and other statutory measures.
February 11, 2026
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IIM Lucknow Chief Strategy Officers Programme: 10-month executive course on strategy, AI integration, ESG and a capstone project.
IIM Lucknow and TimesPro offer a 10-month Chief Strategy Officers Programme for senior professionals (generally 10+ years' experience) structured into three modules-Sensing Opportunity; Crafting Competitive Advantage; Execution & Realising Competitive Advantage-covering strategy, disruption, M&A, digital and AI integration, ESG, change management and design thinking, delivered via live online sessions, a three-day on-campus immersion and a capstone project; successful participants receive an IIM Lucknow certificate and alumni credentials.
February 11, 2026
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Fengdu oranges gain national geographical indication and cooperative standardization to scale production and domestic exports.
Fengdu's orange sector relies on cooperative-led standardized production and training supported by the county Agriculture and Rural Affairs Commission, with certified technical practices (including drone operation) forming the operational compliance and quality-control framework. The product holds a National Geographical Indication Trademark and National Geographical Indication for Agricultural Products designation, and the village is a national specialty product demonstration, enabling regulated market access, traceability, and export opportunities.
February 11, 2026
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Parliamentary Budget debate: government accuses opposition of vitriol; parties clash over banks, MSMEs and fiscal transfers.
Parliamentary debate on the Union Budget saw government members accuse the Leader of the Opposition of vitriolic rhetoric and hostility toward constitutional institutions, while defending the Budget and the government's economic record-citing bank recoveries, support for MSMEs and criticisms of the Opposition's trade and economic positions-and opposition and regional MPs demanded unpaid fiscal transfers and targeted employment measures.
February 11, 2026
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Bisleri's Bottles for Change promotes circular economy through recycled products, collection banks, and educational outreach.
The Bottles for Change initiative demonstrated circular economy measures by converting post-consumer plastic into functional products, installing 17 recycled-plastic benches and 25 collection banks, and exhibiting recycled goods. It distributed educational materials on responsible plastic use and waste segregation developed with environmental and publishing partners, and emphasised awareness, infrastructure, stakeholder collaboration, and policy alignment to scale recycling and build a sustainable plastic ecosystem.
February 11, 2026
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Merck Foundation expands scholarships and awards to advance women in STEM and girls' education across Africa.
Merck Foundation's Scholarship Program has delivered over 2,500 specialized medical scholarships across 44 underserved specialties in 52 countries, with nearly 1,200 awarded to women medical graduates and approximately half of all scholarships going to women, as part of efforts to reduce the gender gap and strengthen women's leadership in STEM. The foundation also operates the MARS Awards to recognize African women and young researchers and the Educating Linda program providing annual scholarships and awareness initiatives for underprivileged schoolgirls across 19 countries.
February 11, 2026
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Mumbai Climate Week launches a Global South hub-and-spoke climate platform focusing on food systems, energy transition and urban resilience.
Mumbai Climate Week (17-19 February 2026) employs a hub-and-spoke model to convene governments, business, philanthropy, civil society, youth and citizens around three pillars-food systems, energy transition and urban resilience-through leadership dialogues, an Exhibition Arena, spoke events, a citizen speakers' corner, and innovation challenges to surface, mentor and scale practical climate solutions from India and the Global South.
February 11, 2026
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MSRTC to require NCMC cards for concession passengers, mandating Aadhaar/UDID-linked cashless cards and defined recharge rules.
Implementation of National Common Mobility Card (NCMC) as mandatory for concession passengers, with identity-linked issuance (Saral for students, Aadhaar for senior citizens and women, UDID for disabled), specific issuance channels for selected categories, set card fees, a minimum wallet balance and recharge rules, multiple recharge channels, a statewide registration drive including authorised agents and bus-stand facilities, and engagement of private implementation partners to operationalise payments and registration.
February 11, 2026
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The Leela concludes fourth season of PoloInThePinkCity with a gala, exhibition win and a 7-5 tournament finale.
The Leela concluded the fourth season of #PoloInThePinkCity with a season-opening gala at the Amber Terrace and a final at the Rajasthan Polo Club; The Leela Polo Team won an exhibition 4-3, and Team Optiemus Achievers won the four-chukker final 7-5. The event featured luxury brand partnerships with BMW Excellence Club and Hibiki Whisky, underscoring the tournament's emphasis on heritage, craftsmanship and contemporary luxury hospitality.

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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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