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    Stable Money Leads Gold & Silver ETF Surge on ONDC as Investors Turn to Safe, Regulated Products
    BJP got 82 pc of Rs 3,826 crore disbursed by electoral trusts in 2024-25: ADR
    Govt approves 25 lakh tons of wheat exports
    68th Foundation Day of NPC Marks Commencement of National Productivity Week 2026
    Reset Ambitions for Trillion-Dollar Tech Future by 2035, Embrace AI and Clean Energy: Union Minister of Commerce and Industry Shri Piyush Goyal to Ind...
    Central Board of Indirect Taxes & Customs organises post-Budget interactive session with stakeholders in Mumbai
    CCI approves acquisition of low voltage motor business of Siemens Ltd. by Innomotics India Pvt Ltd.
    CCI approves proposed acquisition of minority shareholding of ~6.63% of Valuedrive Technologies Pvt Ltd by Fidelity Funds
    CCI approves proposed combination involving Amundi Asset Management S.A.S. (Acquirer) and ICG Plc (Target)
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February 13, 2026
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Gold and silver ETFs see increased investor flows as platforms use open ONDC infrastructure to offer SEBI-regulated products.
Record transaction volumes in gold and silver ETFs reflect investor shifts from physical holdings to SEBI-regulated products; Stable Money's early integration with the Open Network for Digital Commerce enables distribution of regulated mutual funds and ETFs via an open, interoperable infrastructure, increasing reach without closed ecosystems and concentrating mutual fund transactions on the network.
February 13, 2026
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Electoral trusts disbursed Rs 3,826 crore in FY25, with one party receiving 82.5%-report calls for greater transparency.
Electoral trusts received Rs 3,826.34 crore in FY2024-25 and disbursed Rs 3,826.35 crore, with one party receiving 82.52% of distributed funds; ten of twenty trusts reported receipts, five trusts' reports were unavailable, and instances of nil reporting and accounting anomalies were noted. The report identified concentration among top donors and sectors, significant undisclosed donor addresses, and called for enhanced transparency and enforcement under the Electoral Trusts Scheme, 2013.
February 13, 2026
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Wheat and sugar exports authorised with pro-rata quotas for mills and a 70% export fulfilment condition by June 30, 2026.
The government authorised export of 25 lakh tonnes of wheat and an additional 5 lakh tonnes each of wheat products and sugar to manage domestic supply and prices, relying on current private-stock estimates and projected central-pool availability. Additional sugar exports will be allocated on a pro-rata basis to willing mills that declare willingness within 15 days and must export at least 70% of their allocation by June 30, 2026; allocated quotas are non-transferable.
February 13, 2026
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National Productivity Week highlights MSME cluster productivity, Industry 4.0 readiness assessment, and proposed productivity rating systems.
NPC advanced cluster-based strategies to boost MSME competitiveness and global integration, advocating shared infrastructure and knowledge exchange. It proposed an Industry 4.0 Readiness Assessment Framework, an Indian Productivity Rating System, a 5S Assessment Framework for export readiness, sector-specific benchmarks, and a Learning & Development Centre to embed productivity tools. Energy efficiency, sustainable production, youth engagement, and international collaboration were presented as complementary measures to translate productivity gains into cost efficiency and competitiveness.
February 13, 2026
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Technology sector urged to pursue trillion-dollar ambition by 2035 with tax incentives, clean energy and AI focus.
The minister urged the technology sector to pursue a trillion-dollar ambition by 2035 through applied AI, a 10 GW data centre capacity target by 2030, and strengthened clean energy integration, backed by income tax benefits for qualifying investments through 2047 to boost FDI, jobs and the data centre ecosystem, while emphasizing cybersecurity, data integrity, AI education, industry-led engagement with government facilitation, and coordinated action with states to streamline approvals and electricity access.
February 13, 2026
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Customs reforms introduce trust-based governance and an integrated digital ecosystem to simplify clearances and aid trade.
Reforms introduced in the Union Budget 2026-27 emphasise trust-based governance, simplification of customs procedures, and implementation through staff sensitisation across Mumbai Customs operations; a single integrated digital ecosystem connecting export-import stakeholders and participating agencies is being pursued to accelerate clearances, strengthen business planning, and improve ease of doing business, with FAQs released for public facilitation and ongoing stakeholder consultations to address industry queries.
February 13, 2026
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Low voltage motor business acquisition approved; Innomotics to acquire Siemens' unit in India through a slump sale.
The Competition Commission of India approved a proposed combination for the slump sale of the low voltage motor business of Siemens Limited to Innomotics India Private Limited. The Target Business sells low voltage motors for industrial applications in India and exports under an outsourced manufacturing model. Innomotics, part of KPS Capital Partners, is an industrial motors manufacturer supplying high and medium voltage motors and large drive systems to sectors including oil and gas, metals, cement, power and marine. A detailed order will follow.
February 13, 2026
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Acquisition of ~6.63% stake in Valuedrive by Fidelity Funds via CCPS subscription and secondary purchase.
The proposed transaction involves acquisition of approximately 6.63% minority shareholding in Valuedrive Technologies Private Limited by Fidelity group investment funds through a mix of primary subscription and secondary acquisition of compulsory convertible preference shares, with Fidelity Funds acting as diversified investment vehicles. Valuedrive is an operating-cum-holding company in the Spinny Group operating an electronic wholesale motor-vehicle platform and owning subsidiaries in lending, insurance broking, automotive publishing/events, and ancillary services.
February 13, 2026
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Amundi ICG proposed combination approved: Acquirer to buy 4.64% voting shares, nominate a director and subscribe to non voting instruments.
CCI approved Amundi's acquisition of 4.64% voting share capital of ICG via on-market purchases, a right to nominate a director, and subsequent subscription to non voting instruments up to 5.26% of ICG's capital. The Acquirer lacks direct Indian operations but is indirectly present through a minority joint venture that offers asset management services in India. The Target operates globally as an alternative asset manager across structured capital, private equity, real assets, private debt, and credit markets.
February 12, 2026
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Aadhaar card tracing: High Court directs Centre and state to create an SOP for faster police access.
The High Court directed central and state governments to formulate an SOP for police access to Aadhaar card details to enable faster tracing of victims, stressing expedited procedures for missing children and suspected human trafficking; it ordered the Unique Identification Authority director be made a party, received a report from the state legal services authority on action taken after an alleged assault, and scheduled further hearing.
February 12, 2026
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KELTRON secures Rs18 crore export deal to supply Passive Sonar systems; KS Smart to buy 40% stake in Kokonix.
KELTRON signed an Rs 18 crore export agreement, via Neo Power, to supply Passive Sonar systems to navies in the South Asia-North Africa region-its largest single export order following a successful 2025 shipment of 300 sonar elements that met delivery and quality standards. Concurrently, Kokonix will transfer a 40 percent stake to KS Smart to revive laptop manufacturing and bolster its smart-device production capacity.
February 12, 2026
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India-US trade framework remains the basis for an interim agreement; fact sheet amended to reflect shared understandings.
The India-US joint statement is the binding framework for an interim trade agreement; amendments to the White House fact sheet were made to reflect shared understandings, removing references to pulses and digital services taxes and reframing commitments as intentions to reduce tariffs on specified US industrial and agricultural goods and to increase purchases of US energy and technology products.
February 12, 2026
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New CPI series shows January inflation at 2.75%, revises basket and weights, impacting monetary policy signals.
The new CPI series rebased to 2024 (HCES 2023-24) expands the basket to 358 items, reweights components-notably lowering Food & Beverages to 36.75% and enlarging Housing to 17.67%-widens price collection across rural, urban and online markets, and reclassifies groups into a 12-category COICOP-aligned framework. Index values begin January 2025 with year on year comparability from January 2026 and a linking factor enables back-calculation; methodological changes aim to align inflation signals with current expenditure patterns and refine the basis for monetary and fiscal policy calibration.
February 12, 2026
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Money laundering probe alleges director diverted company funds through front entities, benami deals and forged documents causing large losses.
The director allegedly exceeded limited authority to generate and conceal proceeds of crime by diverting company funds through front entities, reselling land to the company at inflated prices, transferring land and TDRs at undervalued rates, executing benami transactions, fabricating MoUs to create bogus possession claims, and facilitating fraudulent allotment of flats, causing over Rs 85 crore wrongful loss; the money laundering probe proceeds under PMLA with the accused produced and arrested during production proceedings.
February 12, 2026
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New CPI series updates base year to 2024, widens basket and recalibrates weights to better measure inflation.
India introduced a new Consumer Price Index series with base year 2024=100, expanding coverage to 358 items and 12 classification groups, recalibrating weights using the Household Consumption Expenditure Survey 2023 24, reducing the food and beverages weight to 36.75%, and updating price collection across extensive rural, urban and online markets to provide more contemporaneous inflation signals for policy calibration.
February 12, 2026
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Loan recovery rules require agent training, call recording, respectful conduct, background checks and restrictions on contact timing.
The Reserve Bank proposes mandating recorded phone calls and civil conduct by recovery agents, prohibiting abusive language and inappropriate messaging, and banning contact at inopportune occasions. Banks must adopt internal guidelines, protect customer information held by agents, require completion of formal debt recovery training, and conduct pre engagement and periodic background verifications of agent representatives. Banks must exercise utmost caution before involving agents in matters that are subjudice and ensure recovery agencies comply with verification, training, and conduct standards.
February 12, 2026
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Sensex falls amid IT sell-off and AI concerns; TCS drops below Rs10 lakh crore market capitalisation.
Benchmark indices fell on heavy selling in IT stocks as AI-related disruption fears and diminished expectations of a near-term Fed rate cut following strong US jobs data drove volatility; TCS tumbled over 5%, pushing its market capitalisation below the Rs 10 lakh crore mark, while foreign institutional investor inflows in February provided limited offsetting support.
February 12, 2026
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New CPI series recalibrates weights and expands services and digital coverage to improve inflation measurement for policy use.
The National Statistics Office released a redesigned Consumer Price Index with base 2024=100 that recalibrates item weights using the Household Consumption Expenditure Survey 2023-24, expands coverage of goods, services and digital channels, reduces the food and beverages weight, and aims to provide more accurate inflation signals to aid monetary policy calibration and stabilize CPI-linked fiscal items.
February 12, 2026
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Intel's India-specific warranty policy deemed abusive of dominance; fined INR 27.38 crore and ordered to publicise withdrawal.
CCI held Intel dominant in the boxed desktop microprocessor market and found its India-specific warranty policy discriminatory and limiting of parallel imports, causing an appreciable adverse effect on competition under Section 4. The Commission imposed a reduced penalty of INR 27.38 crores after considering mitigation including policy withdrawal and directed Intel to publicise the withdrawal and submit a compliance report.
February 12, 2026
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Samsung Galaxy F70e 5G available with Bajaj Finserv Easy EMIs offering flexible tenures and zero down payment.
Samsung launched the Galaxy F70e 5G and promotes purchase via Bajaj Finserv Easy EMIs offering quick approvals, customised payment terms, zero down payment on select models, and flexible tenures (3-60 months). Bajaj Finance Limited is identified as a deposit taking NBFC registered with the Reserve Bank of India and classified as an NBFC Investment and Credit Company that engages in lending and acceptance of deposits, with a diversified lending portfolio and published credit ratings.

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Customs, DGFT & SEZ

India Shines as ‘Country of the Year’ at BIOFACH Germany 2026, Showcasing Organic Strength and Global Leadership

February 11, 2026

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India Highlights Strengthened Organic Regulatory Framework and India–EU Trade Momentum at BIOFACH 2026

India marked a significant presence as the “Country of the Year” at the inaugural of BIOFACH Germany 2026, the world’s leading trade fair for organic products, held on 10 February 2026 at Nuremberg, Germany. The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, Government of India, is organising India’s participation with a prominent and high-impact presence, highlighting the country’s rich agricultural heritage and its growing stature as a reliable global supplier of organic products. Trade visitors are being provided insights into Indian organic products, value creation models and partnership opportunities.

At the inaugural ceremony of BIOFACH 2026, attended by Federal Minister of Agriculture, Food and Regional Identity, Government of Germany, Mr. Alois Rainer; Director-General, Agriculture and Rural Development, European Commission, Ms. Elisabeth Werner; and other delegates from leading organic-producing countries, Secretary, Department of Commerce, Government of India, Shri Rajesh Agrawal, highlighted India’s position as one of the world’s leading producers of organic products. He underlined the key amendments made in India’s organic regulation, the National Programme for Organic Production (NPOP), which further strengthen the credibility of India’s organic framework. He also emphasised the complementarities between India and the European Union bloc, noting their combined demographic and economic strength. Referring to the successful conclusion of negotiations of the India–European Union Free Trade Agreement, he stated that the agreement would enhance bilateral trade and investment ties, strengthen resilient supply chains and support sustainable growth. He also called for the early conclusion of the Mutual Recognition Agreement on organics between India and the European Union to further expand organic trade.

The India Country Pavilion was inaugurated by Secretary, Department of Commerce, Government of India, Shri Rajesh Agrawal, in the presence of Additional Chief Secretary, Government of Manipur, Shri Vivek Dewangan; Minister (Personnel), Embassy of India, Berlin, Dr. Mandeep Singh Tuli; Consul General of India, Munich, Shri Shatrughna Sinha; Secretary, Industry, Government of Arunachal Pradesh, Shri Hage Tari; Secretary, Trade and Commerce, Government of Arunachal Pradesh, Shri Taru Talo; Secretary (Agriculture), Government of Madhya Pradesh, Shri Nishant Warwade; Chairman, APEDA, Shri Abhishek Dev; Joint Secretary, Ministry of Commerce and Industry, Shri Saket Kumar; Joint Secretary, Ministry of Cooperation, Shri Raman Kumar; and Secretary, Horticulture, Government of Mizoram, Mrs. Maria C.T. Zuali, along with other senior dignitaries from the Government of India and State Governments.

Curated by APEDA, the India Pavilion spans 1,074 square metres and hosts 67 co-exhibitors, including organic product exporters, Farmer Producer Organisations (FPOs), cooperatives, organic certification and testing laboratories, state government organisations and commodity boards. The pavilion showcases a wide range of organic products such as rice, oilseeds, herbs, spices, pulses, cashew, ginger, turmeric, large cardamom, cinnamon, mango puree, essential oils, tea, coffee and millets. India’s participation at BIOFACH 2026 represents a significant expansion over previous editions, with a 50 per cent increase in area and participation, making India the top non-European Union exhibitor and among the top five exhibiting countries at the event. This reflects the steady growth of Indian organic exports, rising international demand and increased participation from exporters and state institutions.

Exhibitors from more than 20 Indian States, including Assam, Meghalaya, Manipur, Arunachal Pradesh, West Bengal, Madhya Pradesh, Maharashtra, Rajasthan, Gujarat, Haryana, Uttar Pradesh, Uttarakhand, Jammu and Kashmir, Delhi, Karnataka, Kerala, Tamil Nadu and Telangana, are participating in the exhibition, highlighting region-specific organic produce and value-added products.

In addition to product displays, the India Pavilion is featuring curated food tastings that showcase the flavours and aromas of Indian cuisine, including innovative pairings of Indian organic products with European culinary styles. A highlight includes the serving of organic basmati rice-based preparations featuring select spices, celebrating India’s culinary heritage.

India’s participation as “Country of the Year” at BIOFACH Germany 2026 underscores its growing role in the global organic ecosystem. With a rapidly expanding organic sector, India continues to supply high-quality, sustainably produced products meeting stringent international standards. Through focused initiatives and market-oriented support, APEDA remains committed to enabling Indian exporters to effectively respond to evolving global demand and contribute to a dependable and sustainable organic food basket for the world.

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