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    RBI clears SBI Mutual Fund’s proposal to acquire up to 9.99 pc stake in Bandhan Bank
    Central Board of Indirect Taxes and Customs (CBIC) and Permanent Mission of India organise Special Trade Facilitation Sessions at World Trade Organisa...
    Goyal meets US Comm Secretary Lutnick, discusses trade
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    Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
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    ED attaches Anil Ambani's 'Abode' worth Rs 3,716 crore
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February 26, 2026
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Regulatory approval for stake acquisition with holding cap and time bound conditions, and prior approval required for increases.
RBI approved SBI Mutual Fund's acquisition of up to 9.99 per cent of Bandhan Bank's paid-up share capital or voting rights, subject to compliance with the Banking Regulation Act, 1949, RBI Directions 2025, FEMA, and SEBI regulations. The approval expires if the specified major shareholding is not acquired within one year, the aggregate holding must not exceed the approved cap at any time, and any increase to or beyond 5 per cent after falling below that level requires prior RBI approval.
February 26, 2026
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Trade facilitation advances India's digital customs reforms and TFA Plus measures, enhancing MSME integration into global value chains.
India has implemented comprehensive trade facilitation reforms to fulfil and extend WTO Trade Facilitation Agreement commitments by advancing TFA Plus measures under the National Trade Facilitation Action Plan 3.0. Core elements include a Single Window Interface, Customs Automated System, Risk Management System, pre-arrival processing, electronic exchange of origin data, electronic cargo tracking and coordinated border management. Capacity building through recognised institutions and partnerships supports other countries' implementation, while measures such as advance rulings, an Authorised Economic Operator programme and trust-based processes aim to reduce compliance burdens for MSMEs and facilitate e commerce exports.
February 26, 2026
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Bilateral trade agreement negotiations progress amid recent U.S. tariff policy adjustments affecting tariff treatment and transitional arrangements.
Senior-level discussions between India's commerce minister and U.S. commerce officials focused on advancing the legal text for the first phase of a bilateral trade agreement and expanding economic partnership. The talks were contextualized by a recent U.S. tariff policy adjustment-imposition of a uniform temporary tariff-which was noted as relevant to negotiations on tariff treatment, transitional arrangements, and safeguards in the prospective agreement.
February 26, 2026
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Aadhaar-enabled attendance strengthens identity-verified workforce accountability through certified biometric terminals and streamlined government procurement.
Aadhaar-enabled biometric attendance systems address attendance verification failures by replacing manual registers with identity-verified entries. The T502F Mini, listed on the Government e Marketplace for streamlined procurement, offers multi-modal biometric authentication (face recognition and fingerprint), real-time data sync, STQC-certified fingerprint sensor, SafetyNet compliance, and multiple connectivity options to operate across diverse network environments, supporting government mandates for Aadhaar-integrated attendance and enhancing tamper-resistant accountability in public sector and related institutional settings.
February 26, 2026
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Tax analytics modernization enables AI-driven tax administration, integrating secure cloud and citizen-facing portals to improve compliance and governance.
The program will deploy a secure cloud environment powered by NVIDIA AI infrastructure with LTM's BlueVerse as the intelligence backbone to consolidate analytics, simplify workloads, and deliver real-time insights. The integrated platform supports a smart citizen portal, automated campaign management, enhanced case workflows, and AI-driven helpdesk assistance to improve governance, reduce leakages, and strengthen taxpayer compliance and service experience.
February 26, 2026
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Trust-based customs processes drive digital governance and trade facilitation with new SWIFT rollout and procedural reforms.
CBIC is convening a National Symposium and International Customs Day to advance trust-based customs processes, digital governance and trade facilitation through presentations, stakeholder consultations and the launch of digital infrastructure, including a new single-window platform, the Customs Integrated System, a Digital Travellers Guide and a revamped traveller app. The programme also highlights courier, fisheries and baggage/personal import reforms, publication releases and the recognition of officers with Certificates of Merit, stressing procedural simplification, transparency and partnership with trade.
February 26, 2026
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Free Trade Agreements expand market access and call for global engagement to bolster resilient diversified supply chains.
India emphasises that Artificial Intelligence will transform jobs and increase demand for higher value skills in cybersecurity, data protection and system governance. The government highlights concluded Free Trade Agreements covering 38 nations that provide preferential market access and support integration into global value chains. Aatmanirbhar Bharat is presented as resilient, diversified supply chain building through global engagement, with calls to leverage FTAs to benefit MSMEs, farmers, exporters and fisheries and to enhance talent mobility for deeper global integration.
February 26, 2026
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Money laundering allegations in relatives' petition before High Court over Enforcement Directorate's tracing of rotated funds.
Challenge to an Enforcement Directorate complaint alleging relatives of an accused engaged in laundering by rotating funds through four accounts and reverting them to the principal accused; petitioners sought quashing of the complaint claiming false implication due to kinship, while the ED relied on transaction mapping and the identified money trail as the operative factual matrix implicating the accused and his spouse.
February 26, 2026
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Money laundering probe prompts PMLA questioning and property attachment as part of consolidated bank fraud investigations.
Enforcement Directorate officials recorded a statement under the Prevention of Money Laundering Act from a corporate promoter as part of ongoing probes into alleged bank loan fraud by a group company; the ED formed a Special Investigation Team to consolidate multiple fraud allegations and has used attachment powers and filed multiple money laundering cases against the group to investigate linked financial irregularities.
February 25, 2026
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Spectrum auction policy: regulator recommends full-band auction with a uniform spectrum cap and lower entry thresholds.
Trai recommends auctioning the entire 11,790 MHz available across nine frequency bands under specified modalities including reserve price, band plan, block size and bid conditions; the portfolio is valued at about Rs 2.1 lakh crore at reserve price and base prices are generally lower than 2022. Trai also proposes a uniform 35 per cent spectrum cap, reduced net worth entry criteria to encourage new entrants, and immediate reclamation of spectrum held by providers undergoing insolvency for inclusion in the upcoming auction.
February 25, 2026
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Maritime infrastructure expansion urged to drive regional growth and port led industrialisation, enhancing multimodal logistics competitiveness.
India's sustained sequential growth with macroeconomic stability depends on removing systemic inefficiencies rather than demand management; reforms like the Insolvency and Bankruptcy Code and infrastructure upgrades have cleaned bad assets. West Bengal should reposition as a maritime state by considering a large port and pursuing port led industrialisation, shipbuilding promotion and multimodal integration of road, rail, ports and air cargo to unlock regional economic opportunities.
February 25, 2026
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Insurance affordability: rein in acquisition and management costs to expand coverage, curb mis-selling and boost product access through design.
High distribution and administrative expenses sustain a low-penetration, high-cost insurance model; insurers must reduce customer acquisition costs and expenses of management, reassess product and channel value, and adopt digital distribution and customer-centric design to improve affordability and margins. The regulator expanded the Use and File procedure to enable quicker product launches within regulatory norms. Mis-selling undermines trust and must be prevented by correct sales practices. Universal, meaningful coverage by 2047 is framed as the penetration objective, founded on affordability, accessibility and awareness.
February 25, 2026
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Money laundering asset attachment under PMLA leads to provisional seizure of land tied to alleged fraudulent land transfers.
Provisional attachment under the Prevention of Money Laundering Act was ordered against land held by associate companies and nominees of a real estate firm amid allegations that those entities served as land holding vehicles while funding, control and beneficial ownership vested with the company; the probe alleges irregular collaboration agreements and GPAs, weakened landowner bargaining after acquisition notifications, transfers to private colonizers at depressed rates, wrongful gains to the company and detriment to landholders.
February 25, 2026
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PMLA attachment of a residential asset restricts transfer during investigation, pending adjudicating authority confirmation and possible confiscation.
A provisional attachment under the Prevention of Money Laundering Act has been issued against the Reliance Group residential property 'Abode' to prevent its transfer during an investigation into alleged bank loan fraud linked to Reliance Communications; the agency alleges the property was aggregated into a private family trust to disguise involvement and shield assets from liabilities arising from personal guarantees, and the attachment remains subject to confirmation by the PMLA Adjudicating Authority within 180 days, after which confiscation and vacation orders may follow.
February 25, 2026
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Revenue Intelligence and Economic Offences Directorate expands remit to investigate economic crimes and tax evasion.
The government replaces the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate empowered to investigate real estate fraud, banking and insurance financial crimes, NBFC and securities offences, multi-level marketing scams, fake insolvency cases, fraudulent recruitment and admission documents, illegal encroachments, stamp and registration irregularities, shell companies and cooperative scams, and to integrate inputs from tax and other revenue departments to check revenue leakages and curb tax evasion.
February 25, 2026
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Asset attachment under PMLA targets luxury property amid alleged bank fraud; further questioning scheduled by investigators.
A provisional order under the Prevention of Money Laundering Act attaches the Mumbai residence 'Abode', a multi storeyed luxury house valued at Rs 3,716.83 crore, in a probe connected to an alleged bank fraud by Reliance Communications; the cumulative attached value in the investigation is about Rs 15,700 crore.
February 25, 2026
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Judicial integrity concerns prompt objection to textbook chapter, with related Supreme Court guidance on public discourse and a trial stay.
The Chief Justice objected to an NCERT Class 8 chapter on judicial corruption, leading to its removal and highlighting protection of judicial integrity. The Supreme Court emphasised that high constitutional office holders must not target communities and stayed trial proceedings by the Enforcement Directorate against a state chief minister. Separately, the US initiated a preliminary countervailing duty on certain Indian solar imports and the UK introduced mandatory electronic travel authorisations and eVisas, reflecting trade remedy and migration procedural changes.
February 25, 2026
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Two-child disqualification removed for local body elections, while discriminatory disease-based bar deleted and a new economic offences directorate established.
The cabinet introduced amendment bills to remove the statutory bar on persons with more than two children contesting local body elections and approved deleting "leprosy" as a disqualifying disease in municipal election law, while replacing the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate to investigate and prevent financial crimes, real estate fraud, shell companies, forged documents, illegal encroachments and revenue leakages, and coordinating inputs from tax and sectoral departments.
February 25, 2026
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Countervailing duty on Indian solar imports shocks markets; solar stocks plunge while benchmarks remain volatile.
A US preliminary countervailing duty of about 126 percent was imposed on certain Indian solar imports following allegations of unfair manufacturing subsidies; the announcement triggered a sharp sell-off in solar-sector equities and contributed to volatile trading in broader benchmarks, with analysts and flow data citing trade uncertainty, net foreign outflows, and cautious investor positioning as proximate market drivers.
February 25, 2026
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Indo-US trade deal risks farmers as unilateral US tariff actions leave exports vulnerable; India urged to suspend the agreement.
The Indo-US interim trade deal is criticised as one-sided because US imposition of a high duty on Indian solar module imports shows Indian exports are subject to unilateral executive tariff measures, leaving exporters vulnerable; opposition leaders urge India to put the agreement on hold to protect farmers and reassess safeguards for exporters in light of a judicial finding that such presidential tariffs exceeded lawful authority.

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HIGHLIGHTS

February 12, 2026

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New Delhi, Feb 12 (PTI) Following are the top stories at 5 pm: NATION DEL45 DEF-RAFALE (4.33 PM)

India clears procurement of 114 Rafale jets, other acquisition projects totalling Rs 3.6 lakh cr New Delhi: The defence ministry on Thursday cleared a long-pending proposal to procure 114 Rafale fighter jets under a government-to-government framework from France, nearly 13 years after a similar acquisition was almost firmed up.

DEL22 STRIKE-CONG (2.42 PM)

Govt ignored voices of workers, farmers while making decisions concerning their future: Rahul New Delhi: With trade unions observing a day-long strike against the Centre's policies, the Congress on Thursday expressed support for them and Rahul Gandhi alleged that the government ignored the voices of workers and farmers while making decisions concerning their future.

DEL13 DUBEY-RAHUL-LD LS-MOTION (12.29 PM)

BJP's Nishikant Dubey files notice to cancel Rahul Gandhi's Lok Sabha membership New Delhi: BJP MP Nishikant Dubey on Thursday said he has given a notice to initiate a 'substantive motion' against Congress leader Rahul Gandhi, and demanded that his Lok Sabha membership be cancelled and he be debarred from contesting elections for life.

MDS13 KL-STRIKE-THAROOR (4.00 PM)

Trade union strike: Tharoor slams shutdown in Kerala, calls it 'organised tyranny' Thiruvananthapuram: Congress MP Shashi Tharoor on Thursday criticised the total shutdown in Kerala as part of the nationwide strike observed by trade unions against the Centre’s labour codes, calling it a "lamentable irony" that turned into a mere “Kerala Bandh”.

MDS12 TL-STRIKE (3.47 PM)

Cong, Left parties, trade unions take part in nationwide strike against labour codes Hyderabad: Congress, CPI, CPI(M) leaders and workers held protests in Hyderabad and other places in Telangana on Thursday as part of the nationwide strike called by trade unions against the Centre's labour codes.

DEL32 UP-LAMBORGHINI-BAIL (3.59 PM)

Lamborghini crash: Shivam Mishra gets bail from Kanpur court Kanpur: Shivam Mishra, son of local tobacco baron K K Mishra, got bail from a court here on Thursday, hours after his arrest in connection with the high-profile Lamborghini crash that left several people injured on the VIP Road earlier this week.

DEL43 ROLLSROYCE-INDIA-LD EXPANSION (4.22 PM)

Rolls-Royce unveils mega roadmap for India; offers co-development next-gen fighter jet engine with full IP rights New Delhi: A day after meeting Prime Minister Narendra Modi, Rolls-Royce CEO Tufan Erginbilgic on Thursday unveiled a strategic roadmap to scale up the company's Indian operations across defence, energy and civil aviation domains including plans to co-develop a aero-engine for India's next-generation combat jets with full intellectual property transfer.

PAR8 LS-LABOUR (3.33 PM)

Govt favouring industrialists over labourers: Opposition in LS New Delhi: The opposition on Thursday accused the government of favouring industrialists over workers while drafting the industrial relations code, even snatching away their right to protest for demands.

BOM10 MP-2NDLD STRIKE (2.38 pm)

MP: Trade union strike sees protests in few districts, 25,000 civilian defence staff reach work late Bhopal/Indore: The nationwide strike called by trade unions against the Centre's policies on Thursday triggered protests in a few districts of Madhya Pradesh, while over 25,000 civilian employees of defence establishments reported to work an hour late across the state.

LEGAL LGD14 SC-RERA (3.47 PM)

RERA doing nothing except facilitating defaulting builders: SC New Delhi: The Supreme Court on Thursday said it is high time all states rethought the constitution of the real estate regulatory authority (RERA) as the institution is doing nothing, except facilitating defaulting builders.

LGD10 SC-LD MOVIE (1.21 PM)

You can't denigrate section of society by such title: SC raps Neeraj Pandey on 'Ghooskhor Pandat' New Delhi: Observing that a section of society cannot be denigrated in the name of freedom of expression, the Supreme Court on Thursday rapped filmmaker Neeraj Pandey over the title of his movie 'Ghooskhor Pandat'.

BUSINESS DEL46 BIZ-INFLATION (4.33 PM)

Retail inflation at 2.75 pc in Jan under new CPI series New Delhi: Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.

DEL21 BIZ-LD STRIKE (2.41 PM)

No major impact on normal life due to one-day nationwide strike call New Delhi: Normal life largely remained unaffected by the strike call given by a joint forum of central trade unions across the country on Thursday to protest against the alleged "anti-worker, anti-farmer and anti-national pro-corporate policies of the central government".

FOREIGN FGN29 BANGLA-3RDLD ELECTIONS (2.34 PM)

Over 32 per cent voter turnout recorded till noon in crucial Bangladesh polls Dhaka: Over 32 per cent of the electorate voted till noon in the crucial parliamentary elections in Bangladesh, marred by sporadic incidents of violence.

FGN20 BIZ-INDIA-EU-ORGANIC TRADE (10.51 AM)

Free trade agreement lifts hopes of India-EU organic food players Nuremberg: Organic food traders from India and the European Union are bullish on the recently announced free trade agreement, saying it will expand market access on both sides and create significant opportunities for the sector. By Rajesh Rai

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