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February 12, 2026
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MSMEs sustainability adoption rises: willingness and implementation increase despite awareness dip, but funding and technical gaps persist.
The SPeX Q3 2025 shows an overall score of 62 driven down by falling awareness while willingness and implementation rose-especially recycling and sustainable packaging-with 54% of MSMEs now classed as integrators. Implementation improved 18% QoQ led by medium and 10-25 year firms, but funding, technical expertise and limited sustainability budgets remain key constraints. SIDBI and Dun & Bradstreet stress targeted finance, policy and capacity support to scale MSME green transitions. The index tracks Awareness, Willingness and Implementation across a 0-100 scale based on a survey of MSMEs in 22 states.
February 12, 2026
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Deepak Pandit nominated as ICA representative to MCA Governing Council to liaise on player welfare and contracts.
Deepak Pandit has been nominated as the Representative of the Indian Cricketers' Association to the Mumbai Cricket Association Governing Council, tasked with acting as the primary liaison between players and the MCA, participating in policy formulation affecting contracts, playing conditions, welfare schemes and grievance redressal, and promoting transparency, accountability and the ICA's constitutional and ethical framework within MCA governance.
February 12, 2026
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Vijay Mallya must state whether he will return before his challenge to the fugitive economic offender tag is heard.
The admissibility of a challenge to the Fugitive Economic Offender designation and the constitutional validity of the FEO Act is made contingent on a petitioner's clear affidavit stating whether he will return to the jurisdiction; the court treated this return requirement as essential to prevent abuse of process while extradition and enforcement actions, including property attachment under money laundering and loan default proceedings, are pending.
February 12, 2026
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February 12, 2026
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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.

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IRS (Retd.) Deepak Pandit Nominated as Representative of Indian Cricketer’s Association to MCA Governing Council

February 12, 2026

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Deepak Pandit, widely known across popular media as the “White Singham of Mumbai Customs,” has been nominated as the Representative of the Indian Cricketers’ Association (ICA) on the Governing Council of the Mumbai Cricket Association (MCA) for the term 2026–27. The nominations, effective 09 January 2026, recognises Pandit’s rare blend of cricketing pedigree, administrative acumen, and unwavering commitment to integrity in public service. With a membership of over 1,800 former international, test and first class cricketers, the Indian Cricketers’ Association (ICA) represents the interests and welfare of players and engages with the MCA and the BCCI on player-related matters. Pandit’s association with cricket runs deep and distinguished. Long before his celebrated tenure in the customs department, he made his mark as a formidable fast bowler for the Jammu & Kashmir Ranji Trophy team. Renowned for his destructive swing bowling and a rare, lethal “banana” in-swing, Pandit consistently troubled top-order batsmen and went on to captain the side, earning respect for both leadership and performance. His exploits extended across elite club cricket and the rain-soaked challenges of the Kanga League, where he achieved the exceptional feat of claiming all ten wickets in a single innings, an accomplishment that remains a benchmark of bowling excellence.

Pandit steadily transitioned into cricket administration and management at the national and international levels. In 1996, he served as Selector, PRO, and Assistant Manager of the Junior Indian cricket team that participated in the ICICI Lombard Cricket World Cup Challenge. During this tenure, his strategic vision and organisational skills came to the fore. He successfully brought Reliance Industries on board as the team’s sponsor and orchestrated high-profile felicitation ceremonies, first at the Indian High Commission in London, hosted by then High Commissioner Dr. L. M. Singhvi, and later in the UAE at the hands of Sheikh Al Nahyan. These initiatives not only elevated the team’s stature but also underscored Pandit’s ability to bridge sport, diplomacy, and corporate engagement.

His administrative contributions continued with key roles as Manager of the Indian Under-19 team for the India tour of West Indies tournament. Across these assignments, Pandit earned a reputation as a firm yet empathetic administrator, one who balanced discipline with player welfare and long-term development.

It is this multifaceted legacy that has led to his appointment as ICA’s representative.

As part of the Governing Council, Pandit will represent the interests and welfare of current and former Indian cricketers, participate in policy formulation, and uphold the association’s constitutional and ethical framework. His role includes acting as a vital liaison between players and the Mumbai Cricket Association, addressing matters related to contracts, playing conditions, welfare schemes, and grievance redressal, while promoting transparency, integrity, and accountability in cricket governance.

With decades of experience spanning elite performance, international exposure, and high-stakes administration, Deepak Pandit’s induction into the ICA governing framework is widely seen as a move that strengthens player representation and institutional credibility. His appointment signals a continued commitment to safeguarding the rights of cricketers while nurturing the future of the game in Mumbai and beyond, through the collaborative ecosystem of the Indian Cricketers' Association and the Mumbai Cricket Association.

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

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