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February 24, 2026
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Deployment of judicial officers to expedite electoral roll claim verification, with document-based verification and supplementary enlistment permitted.
The Court authorised deployment of West Bengal civil judges and requisition of similarly ranked judicial officers from Jharkhand and Odisha to verify claims and objections in the SIR exercise, required minimum experience for deployed civil judges, and made the Election Commission responsible for travel, honorarium and related expenses. Judicial officers must verify documents specified in SIR notifications and judicial orders permitting Aadhaar and Class X certificates; all documents submitted on or before the cut-off date will be considered. Electoral Registration Officers and Assistant Electoral Registration Officers must satisfy judicial officers regarding document authenticity. The EC may publish the final roll and issue supplementary lists, with the Court invoking Article 142 to enlist voters in supplementary rolls.
February 24, 2026
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Consumer credit information access enables customers to view and simulate effects on their credit score within their banking app.
Integration embeds consumer credit information access into the bank's YONO app, enabling authenticated customers to view their CIBIL Score and full report, use report analysis and FAQs, and operate a score simulator to model credit events (opening/closing accounts, late payments, clearing dues, new enquiries) so users can monitor credit health, learn via gamified content, and make more informed borrowing decisions within a secure digital banking interface.
February 24, 2026
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Foreign exchange intervention: central bank actions influence currency stability amid trade-policy uncertainty and oil-driven external pressures.
The rupee modestly weakened amid a stronger dollar, higher global oil prices, and weak domestic equities, with reports of possible Reserve Bank intervention selling foreign currency to prevent the exchange rate breaching a psychologically sensitive level; trade-policy uncertainty and reference to a Supreme Court ruling are noted as additional volatility drivers.
February 24, 2026
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Supplementary demand for additional budgetary grants expands state allocations across energy, industries, water, and social sectors.
The state government presented supplementary demands totalling Rs 11,995.33 crore-Rs 5,748.10 crore on the revenue account and Rs 6,003.79 crore on the capital account-with the largest allocation of Rs 4,066 crore for energy, labour, industries and mining, including Rs 3,262 crore for power and Rs 803 crore for village and small industries, alongside specified departmental requests for water supply and sanitation, planning, rural development, food and civil supplies, revenue and forest, medical education and drugs, and OBC welfare.
February 24, 2026
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Reduced RoDTEP rates not applicable to agri and processed food exports, DGFT clarifies after rate cuts
The reduced rates and value caps under the RoDTEP scheme notified on February 23, 2026, are not applicable to exports of agricultural and processed food products falling under ITC HS Chapters 01-24, the DGFT has clarified, thereby excluding those chapters from the newly prescribed lower rates and caps and preserving their existing RoDTEP treatment.
February 24, 2026
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Market volatility driven by AI disruption and trade-policy shifts rattles investor confidence, boosting chip stocks while pressuring AI-exposed firms.
Market volatility intensified as heavy selling targeted companies seen as losers from rapid AI adoption while AI infrastructure suppliers gained; a research scenario warning of AI-induced erosion of the human-centric consumer economy heightened displacement and deflationary concerns, prompting reallocations toward chip and equipment makers and steep declines for cybersecurity and software firms. Trade-policy rhetoric and tariff measures further amplified uncertainty, producing mixed regional market reactions and notable moves in oil, currencies, and cryptocurrency.
February 24, 2026
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Trade facilitation for SEZs under the India-UK agreement could boost export competitiveness and attract technology investment.
Seminar examined the India-UK Comprehensive Economic and Trade Agreement's effects on Special Economic Zones, highlighting trade facilitation, reduction of non tariff barriers, improved market access for SEZ enterprises, and the role of SEZ infrastructure and governance in converting treaty commitments into export competitiveness and sustained investment-with targeted focus on IT/ITES and semiconductor SEZs.
February 24, 2026
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Financial modernisation drove phased computerisation and regulatory reforms to strengthen banking operations and promote inclusion.
Satyendra Kumar advocated phased computerisation of banking operations as a strategic investment to correct systemic weaknesses in public sector banks, improve transaction processing and fraud prevention, and pave the way for widespread adoption of Core Banking Solutions.
February 24, 2026
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Regulatory directives not always subject to judicial scrutiny; banks may proceed with fraud classification absent clear irreparable harm.
The Master Directions aim to secure public money by enabling early detection, reporting and mitigation of fraud risk, and not every contravention of those Directions is amenable to judicial scrutiny. Banks may engage external auditors or forensic experts and the Directions do not require a mandatory form of forensic report before banks make final decisions. An earlier interim stay on banks classifying accounts as fraud was set aside as procedurally irregular and based on flawed factual and legal assumptions; continuation of proceedings was held not to cause irreparable harm and injunctive relief was inappropriate.
February 24, 2026
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Nomination rules: one entry per category for BFSI Tech Awards, judged by an independent expert panel; submit by the deadline.
Public and private sector banks, co-operative banks, NBFCs, and insurance companies may nominate measurable, scalable technology-led initiatives. Only one team or division may be nominated per category; multiple entries within the same category are prohibited. Nominations must include detailed case studies addressing objectives, implementation, innovation, measurable outcomes, and long-term impact. An independent panel of industry and technology experts will adjudicate entries to ensure transparent, merit-based evaluation, and awards will be conferred by a designated industry leader. A final submission cutoff and contact details are provided.
February 24, 2026
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Trade policy risk from tariff remarks dents markets, compounding AI-driven IT sector rout and oil-price pressures.
Equity benchmarks fell nearly one percent as a sharp selloff in IT stocks-driven by fears of AI-related disruption-pulled indices lower, while trade-policy uncertainty from tariff remarks and rising crude oil prices compounded market unease; foreign institutional buying contrasted with domestic institutional selling.
February 24, 2026
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Export controls: China bans dual-use exports to selected Japanese firms and tightens licensing with risk assessments and pledges.
China imposed targeted export controls on selected Japanese firms by banning exports of designated dual-use goods to a specified group and requiring individual export licences, risk assessment reports, and written assurances for another group; the measures also bar foreign persons from supplying those banned items and require immediate cessation of related activities.
February 24, 2026
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Presidential tariffs prompt legal uncertainty after court rejection of broader authority, spurring market volatility and potential litigation.
The article reports that the president announced a temporary import tariff measure after the Supreme Court struck down a broader reciprocal tariff regime, raising questions about the scope of presidential tariff authority and the likelihood of subsequent litigation. The announcement produced market volatility as investors weighed legal uncertainty over trade policy and possible challenges to the new, narrower tariff action.
February 24, 2026
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Trade diversification strategy: Canadian prime minister seeks to expand non US exports and secure partnerships on critical minerals and clean energy.
The Canadian prime minister is undertaking visits to India, Australia and Japan to expand export markets and attract investment, conducting high level meetings and sectoral talks-including defence, artificial intelligence, clean energy, critical minerals and food security-to increase non US exports and reduce dependence on the United States, driven by concerns over tariff threats and economic coercion and set against strained Canada-India relations.
February 24, 2026
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Illegally collected tariffs: lawmakers seek mandatory refunds and interest while administration says refunds await court litigation.
Senate Democrats propose legislation directing Customs and Border Protection to refund tariff revenues found to have been collected under unlawful executive orders, requiring refunds within 180 days with interest, prioritising small businesses and encouraging importers and wholesalers to pass repayments to customers, while the administration maintains refunds should be resolved through litigation and that the Supreme Court ruling did not settle refund procedures.
February 24, 2026
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Political criticism: BJP says opposition's remark reflects organisational decline, urging focus on party affairs and governance.
BJP leadership dismissed an SP chief's remark about potential legislative manoeuvring as reflecting opposition frustration and political bankruptcy, stressing that the SP's support base is declining amid nepotism and infighting while the BJP emphasises discipline and governance priorities.
February 24, 2026
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Tariff authority challenged after court ruling; executive threatens higher uniform import taxes while refund legislation advances.
The article concerns the legal and policy dispute after the Supreme Court struck down broad import tariffs imposed under an asserted emergency powers authority, the executive threat to raise and enforce uniform import taxes despite that ruling, and proposed legislation to require refunds with interest administered by customs, prioritizing small businesses, while refund procedures remain legally and operationally uncertain.
February 24, 2026
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Tariffs escalation jolts markets, triggering investor concern over AI-vulnerable firms and renewed trade uncertainty globally.
The article describes markets reacting to the administration's escalation of temporary import tariffs after the Supreme Court limited a prior broad tariff framework, with the executive signaling use of alternative statutory routes for permanent measures. That policy shift, coupled with investor selling of companies deemed vulnerable to AI-driven competition and ambiguous signals from monetary authorities, is framed as intensifying trade-policy uncertainty and contributing to sector-specific stock declines and broader market volatility.
February 24, 2026
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Tariff cap breach imperils trade agreement ratification as EU seeks clarity on unilateral global import duties.
EU legislators paused ratification of the US EU trade deal after the US announced a unilateral global import tariff under an alternative trade law; the EU says applying that duty on top of existing tariffs would breach the agreed tariff ceiling and demands clarity on how the US will honour the agreement. The measure also raises questions about bilateral deals negotiated with reference to prior tariff threats and is of limited duration unless extended by the legislature.
February 23, 2026
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Emergency powers limits shift trade leverage, constraining executive tariff authority and increasing political pressure ahead of midterms
A national emergency based tariff regime was largely invalidated by the highest court, prompting the executive to propose reliance on a narrower legal authority; coupled with a congressional resolution to end the declared emergency, these developments constrain executive tariff powers and affect trade sectors such as aluminum, steel, autos and lumber.

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Customs & Trade

ICAR–IIMR and Gourmet Popcornica Collaboration Paves the Way for an Aatmanirbhar Popcorn Maize Ecosystem

February 12, 2026

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Chennai, Tamil Nadu, India (NewsVoir) • Reduced reliance on popcorn imports has saved valuable foreign exchange for the Indian exchequer.

• Scientific cultivation practices, mechanisation, and end-to-end farmer engagement have improved efficiency, yield, kernel quality, and expansion ratios, enhancing farmer prosperity.

The Indian Council of Agricultural Research (ICAR) - Indian Institute of Maize Research (IIMR), in collaboration with Gourmet Popcornica Private Limited, India’s largest popcorn company, is witnessing the successful outcomes of a strategic partnership aimed at strengthening India’s popcorn maize value chain, enhancing farmer incomes, and advancing India’s ambition to become a global hub for high-quality popcorn maize production.

ICAR-IIMR Recognises Gourmet Popcornica for Stellar Contribution Towards Making India aatmanirbhar in Popcorn Maize On ICAR-IIMR’s Founder’s Day on 9th February, 2026, Gourmet Popcornica received an award for its ongoing work with in the popcorn maize ecosystem. The Award recognises staff, progressive farmers and India companies for contribution in the extension and expansion of Maize in India.

The award was presented by Dr Hanuman Sahay Jat – Director of Maize, ICAR-IIMR to Mr. Y Yugandhar - CEO Crop integration, Gourmet Popcornica and Mr. K Mahiadhar Reddy - Director, Gourmet Popcornica.

Luminaries present at the Award Ceremony included the Chief Guest for the event, Vice Chancellor of PAU, Dr. Satbir Singh Gosal, Dr Sian Das (former Director of IIMR), Dr Nachiket Kotwaliwale (Director – ICAR -CIPHET), Dr Ashok Mehta (former Director of ICAR), Dr Sarabjeet Singh (progressive agri machinery entrepreneur) and Mr. O P Choudhary (Senior Soil Scientist, PAU), and other senior scientists from PAU and IIMR.

Over the last decade, India’s popcorn maize market has expanded from 50,000 tonnes to over 130,000 tonnes. This growth has been largely driven by the successful development and domestication of high-expansion popcorn maize cultivation. Earlier, nearly 100 percent of the popcorn consumed in India was imported. Today, domestic production accounts for nearly 65 percent of the market, significantly reducing reliance on imports and creating a new and sustainable income stream for Indian farmers.

Over the past five years, ICAR-IIMR’s scientific and agronomic expertise, combined with Gourmet Popcornica’s decade-long experience in large-scale high-expansion popcorn maize cultivation, has strengthened specialised value chains such as popcorn maize. This collaboration demonstrates the importance of science-led partnerships in diversifying farmer incomes and reducing import dependence.

The partnership formally began in February 2021 with the signing of agreements for IIMR-bred popcorn hybrid’s, reflecting ICAR-IIMR’s commitment to translating agricultural science into tangible economic outcomes for farmers. Over the last four years, with the guidance of ICAR-IIMR scientists and its own breeding team, Gourmet Popcornica has developed new hybrids with high yield, high popping and resistance to diseases/ pests. The partnership aligns with national priorities under Atmanirbhar Bharat, promoting rural livelihoods, value-added agriculture, and export readiness.

What began as an effort to produce world-class popcorn in India has now evolved into a national opportunity. With ICAR–IIMR’s research excellence and Gourmet Popcornica’s on-ground operational strength, India is poised not only to meet domestic demand but also can emerge as a trusted exporter of premium-quality popcorn maize. The long-term objective is to position India as a net exporter of premium popcorn maize to key Asian markets.

Currently, Gourmet Popcornica works closely with over 17,500 farmers and cultivates popcorn maize across more than 36,000 acres in nine states across India. Through structured contract farming, capacity-building programmes, sustainable packaging initiatives, and responsible sourcing practices, the company ensures product integrity, supply reliability, and measurable farmer impact.

With a vision to become India’s most trusted gourmet popcorn brand, Gourmet Popcornica is fostering a vibrant, aatmanirbhar ecosystem where farmers prosper, institutions excel, and consumers enjoy high-quality popcorn experiences rooted in sustainability and innovation by the support of ICAR-IIMR .

About Indian Council of Agricultural Research (ICAR) The Indian Council of Agricultural Research (ICAR), based in New Delhi, is the apex body for coordinating, guiding, and managing research and education in agriculture and allied sciences in India. It manages research and education in agriculture, horticulture, and fisheries in India. Established in 1929, ICAR operates 113 institutes and 74 universities, playing a key role in the Green Revolution and enhancing food security through scientific advancements.

For more information, visit icar.org.in.

About Gourmet Popcornica Gourmet Popcornica is a Chennai-based agri-to-consumer company building India’s popcorn value chain - from hybrid seed and farmer partnerships to kernel processing, storage, cinema supply and branded retail products. It is the number one producer of popcorn maize in India and the fourth largest in the world. Founded in 2014, Gourmet Popcornica combines global popcorn know-how with local cultivation to deliver consistent, high-quality kernels and ready-to-eat gourmet popcorn for cinemas, foodservice, retail and e-commerce.

Working closely with 17,500 farmers, Gourmet Popcornica currently cultivates over 36,000 acres of popcorn maize, across five states in India. The company prioritises product integrity, supply reliability and farmer impact through contract farming and capacity-building programmes and pursues sustainable packaging and responsible sourcing across its operations.

With a vision to be India’s most trusted gourmet popcorn brand, Gourmet Popcornica is creating a vibrant, aatmanirbhar ecosystem where farmers prosper, institutions excel, and consumers everywhere enjoy unforgettable, high-quality popcorn experiences, rooted in sustainability and innovation.

For more information, visit gourmetpopcornica.in.

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

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