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    RBI Issues Draft Amendment Directions for ‘Advertising, Marketing and Sales of Financial Products and Services by Regulated Entities’
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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.
February 11, 2026
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IndoStar Capital Finance reports Q3 disbursements growth, Wage Code impact on expenses, and warrant conversions changing control stakes.
IndoStar Capital Finance, an RBI-registered middle-layered NBFC now focused on Vehicle Finance and Micro-LAP, reported Q3 results showing INR 1,117 crore disbursements, AUM of INR 7,692 crore, improved yields and lower cost of funds, PPOP growth and standalone PAT including a one-time employee expense due to the Wage Code. The company disclosed warrant conversions with allotments to Florintree and BCP V, resulting in BCP V holding 55.98% and Florintree 6.73%, alongside disclosures on asset quality, capital adequacy and operational initiatives.
February 11, 2026
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Canara HSBC Life Insurance re-designates Soly Thomas as Deputy CEO and Chief Distribution Officer for bancassurance.
Canara HSBC Life Insurance has re-designated Soly Thomas as Deputy Chief Executive Officer and Chief Distribution Officer - Bancassurance; he will continue to lead the bancassurance business and report to the Managing Director & CEO, with no other organisational changes.
February 11, 2026
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Raychem RPG supplies cable accessories and dry-type terminations enabling reliable power transmission for rail, airports, and renewables.
Raychem RPG, a 50:50 joint venture between TE Connectivity and RPG Enterprises, supplies medium- and extra-high-voltage cable accessories, dry-type outdoor terminations, and jointing kits that support reliable power distribution for high-speed rail, airports, and renewable energy projects, emphasising domestically manufactured 145 kV dry-type terminations that advance electrical safety, sustainability, and supply-chain localisation.
February 11, 2026
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REVA University launches Educate to Enterprise vision and REVA RISE scholarship to build enterprising, tech ready graduates.
REVA University launched the Educate to Enterprise vision to foster an enterprising mindset and restructured programmes-integrating STEM and Liberal Studies with new degrees, minors, and honours collaborations-to align with emerging technologies and industry needs. It introduced the REVA RISE scholarship aptitude test to identify meritorious and under represented students for awards up to 100%, and emphasised embedding Artificial Intelligence awareness across disciplines alongside new academic offerings in geopolitics and public policy.
February 11, 2026
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Human-centric intelligent automation showcased to drive scalable, safe deployments and faster ROI across manufacturing and intralogistics.
Teradyne Robotics hosted ElevateX 2026 to promote human-centric and intelligent automation via Universal Robots (cobots) and Mobile Industrial Robots (AMRs), showcasing scalable deployments across sectors and applications-palletizing, welding, material transport, machine tending, and training-while emphasising safety, faster ROI, simpler deployment, workforce efficiency, and ecosystem collaboration to lower adoption barriers and build long-term capability in India.
February 11, 2026
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Ai+ launches NovaPods and NovaWatch, a connected device lineup centered on seamless pairing, health features, and privacy-focused OS.
Ai+ will launch NovaPods (Go, Pro, Clips) and NovaWatch (Active, Kids 4G, Wearbuds) as a connected consumer-electronics ecosystem emphasizing fast pairing, seamless device switching, and features for audio performance, health tracking, child safety, GPS geo-fencing, SOS alerts, and on-device AI. The announcement highlights design variants, battery and IP ratings, hybrid ANC/ENC, low-latency audio, built-in translation and music storage, exclusive online retail distribution, and positioning on a privacy-first architecture and sovereign operating system.
February 11, 2026
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AbhiBus awarded a Mahindra Scorpio to a verified booking winner after its Grand Winter Bus Sale promoting discounts and prizes.
AbhiBus ran a Grand Winter Bus Sale with discounts up to 50% and a prize roster including a grand prize Mahindra Scorpio; entry required booking on the AbhiBus platform during the campaign and completing verification, with the winner selected from qualifying bookings and the vehicle handed over at a ceremony.
February 11, 2026
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Instant personal loans require checking eligibility, lender regulatory status, and full cost and prepayment terms before accepting funds.
Applicants must satisfy eligibility requirements-nationality, age limit at loan maturity, employment type, and minimum credit score-and assess loan quantum and tenure with an EMI calculator. Selection of lender should consider regulatory classification and operational assurances; the notice identifies Bajaj Finance as a Reserve Bank registered, deposit accepting NBFC. Contractual cost components-interest rate, processing fees, prepayment charges, and late payment penalties-must be reviewed in the loan terms and conditions prior to acceptance.

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News and Press Release

PAIMANA WEB PORTAL

February 12, 2026

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The Ministry of Statistics & Programme Implementation (MoSPI) is mandated to monitor the status of Ongoing Central Sector Infrastructure Projects costing Rs. 150 crore and above. MoSPI has developed a new web monitoring system called PAIMANA (Project Assessment Infrastructure Monitoring and Analytics for Nation-Building) which was officially launched on 25th September, 2025; replacing the erstwhile OCMS-2006 (Online Computerized Monitoring System). In line with the principle of “One Data One Entry", the PAIMANA portal is integrated with Department for Promotion of Industry and Internal Trade (DPIIT) IPMP (Integrated Project Monitoring Portal) via Application Programming Interfaces (APIs) enabled to automatically fetch data reported by the Central Ministries/ Departments/ Project Implementing Agencies.

Accordingly, the web-generated flash report via the PAIMANA portal is being published from July 2025 onwards and are available at https://ipm.mospi.gov.in/ReportPage.

As of December 2025, the infrastructure central sector projects having any Central support or under the monitoring of Central Ministries/Departments) with a project cost of Rs. 150 crore & above are spread over 17 Ministries/ Departments. These include the Ministry of Road Transport and Highways; Ministry of Power; Ministry of Civil Aviation; Ministry of Petroleum & Natural Gas; Department of Telecommunications; Ministry of Coal; Ministry of Railways; Ministry of Steel; Department of Water Resources, River Development & Ganga Rejuvenation; Ministry of Mines; Ministry of Housing & Urban Affairs; Ministry of Ports, Shipping and Waterways; Department of Higher Education; Ministry of Health & Family Welfare; and the Department for Promotion of Industry and Internal Trade. Additionally, the Department of Sports and the Ministry of Labour & Employment have been onboarded recently.

As of December 2025, PAIMANA captures the status of 1,392 nationwide projects being implemented by 17 Central Ministries/Departments with original cost of ₹29.68 lakh crore and cumulative expenditure of ₹19.01 lakh crore. The Line Ministries/Departments/Implementing Agencies regularly update the progress status of the projects on IPMP, which flows to PAIMANA via APIs for further analysis and report generation. This integration has substantially reduced manual entry, with about 60 per cent of projects pertaining to Ministry of Road, Transport & Highways, Petroleum & Natural Gas and Coal, being updated automatically on PAIMANA.

The portal serves as a centralized data repository for national infrastructure development and facilitates one-click, web-generated analytical reports, contributing to data accuracy and operational efficiency. Further, enhancements are underway to improve upon reports, simplification of input forms, and advanced analytics for the technology enabled monitoring. Continuous efforts for onboarding of additional stakeholders and projects are also underway and is expected to result in a subsequent increase in project volume. Regular coordination with stakeholders through monthly review meetings and other communications strengthens evidence-based monitoring.

This information was given by the Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation; Minister of State (Independent Charge) of the Ministry of Planning and Minister of State in the Ministry of Culture Rao Inderjit Singh in a written reply to a question in the Lok Sabha.

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