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    India unveils new CPI series with 2024 base; Jan inflation at 2.75 pc
    ED arrests ex-director of Lodha Developers Ltd in Rs 85 crore money laundering case
    India unveils new CPI series with 2024 base, wider basket; Jan retail inflation at 2.75%
    Loan recovery tightening: RBI proposes mandatory agent training, call recordings
    Sensex falls 558 points on sell-off in IT shares; TCS tumbles over 5 pc
    New CPI series to improve basis for formulating monetary, fiscal policies: CEA Nageswaran
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    India to receive same garment duty benefits as Bangladesh under US trade pact: Goyal
    SPJIMR PGPDM Batch 27: Building leaders for the development sector
    ICAR–IIMR and Gourmet Popcornica Collaboration Paves the Way for an Aatmanirbhar Popcorn Maize Ecosystem
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    Kiteskraft unveils their latest publication, The Power List to announce the mentors and change-makers that are shaping progress in India
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    Green Pulse Update: MSMEs Accelerate Environmental Action and Strengthen Implementation Momentum
    IRS (Retd.) Deepak Pandit Nominated as Representative of Indian Cricketer’s Association to MCA Governing Council
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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
Show AI Summary
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.
February 12, 2026
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India garment duty access: apparel made with US yarn or cotton to qualify for duty concessions under an interim trade pact.
India will receive apparel duty concessions under an interim India US trade agreement when garments meet yarn forward or cotton forward rules of origin by procuring yarn and/or cotton from the US, mirroring benefits extended to Bangladesh; the arrangement, contingent on signing the legal agreement by mid March, includes no quotas on raw material imports and aims to preserve protections for most Indian agricultural products.
February 12, 2026
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Nationwide strike contests labour codes and protest limits; courts question RERA functioning and expressive boundaries.
Trade unions held a nationwide strike opposing labour codes and the proposed Industrial Relations Code, alleging it favours employers and curtails protest rights. The Supreme Court criticised state RERA bodies for facilitating defaulting builders and urged reconsideration of their constitution and enforcement. The government approved a government to government purchase of 114 combat aircraft, while a defence contractor proposed co development of an aero engine with full intellectual property transfer, raising procurement and IP compliance issues.
February 12, 2026
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SPJIMR launches PGPDM Batch 27 to build development sector leaders with diverse, practice focused training and RBI emphasis on intermediaries.
SPJIMR launched Batch 27 of its PGPDM, a 37 member, gender balanced cohort emphasizing practice oriented learning and capacity building for development sector leadership. The programme highlights the importance of capable intermediaries to bridge government, business and society-critical to MSME promotion and entrepreneurial support-and is positioned as the only Indian development management programme with triple international accreditation.
February 12, 2026
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Popcorn maize collaboration boosts domestic production via hybrid agreements, contract farming, export readiness, and aatmanirbhar goals.
ICAR-IIMR and Gourmet Popcornica entered formal agreements for IIMR-bred popcorn hybrids to translate research into commercial cultivation, improving yields, kernel quality and pest resistance. Through structured contract farming, capacity building for over 17,500 farmers, mechanisation and responsible sourcing across tens of thousands of acres, the partnership reduced import dependence (domestic production now ~65% of demand) and aims to develop export readiness and an aatmanirbhar popcorn maize value chain.
February 12, 2026
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Kisan Credit Card scheme revised to standardize crop seasons, extend tenures, align drawing limits, and add tech expense eligibility.
Revised Directions propose an updated Kisan Credit Card (KCC) Scheme consolidating guidelines for multiple bank types, standardizing crop seasons into short (12 months) and long (18 months) durations, extending KCC tenure to six years, aligning drawing limits with the scale of finance for each crop season, and adding specified technological and certification expenses within a 20% additional component as eligible. The draft is open for public and regulated entity comments by March 6, 2026 through prescribed online and email channels.
February 12, 2026
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MedTech startups urged to go global leveraging trade pacts and 80% IP fee rebate to scale affordable exports.
MedTech startups are urged to capitalise on India's trade agreements that secure market access to about 70% of global GDP, with support including an 80% rebate on IP fees, 24x7 Startup India assistance, facilitation of delegations and mission support, regulatory progress enabling exports, expansion of NIPERs and a new NID, infrastructure plans for manufacturing clusters, and public-private grant and incubation awards to accelerate commercialization.
February 12, 2026
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Rupee rises on foreign fund inflows and RBI liquidity support while equities fall amid trade-deal concerns.
The rupee appreciated to 90.61 against the US dollar as foreign fund inflows and RBI liquidity support lifted sentiment, while concerns over India-US trade fact sheet terms and sector sensitivities coincided with equity market declines and continued foreign institutional purchases.
February 12, 2026
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Kiteskraft's The Power List spotlights mentors and change makers driving ethical leadership, innovation, and community impact.
Kiteskraft Productions LLP published The Power List, a compendium recognizing mentors and change makers across education, healthcare, arts, finance, and social enterprise, highlighting their leadership, ethical practices, mentorship roles, public service initiatives, professional achievements, and contributions to community empowerment; the release frames Kiteskraft as an events and recognition organiser and presents the profiles descriptively under a PRNewswire arrangement.
February 12, 2026
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Gold price surge boosts borrowers' collateral value; lenders advise leveraging higher LTV for debt consolidation.
Rising gold prices have increased the collateral value of pledged jewellery, raising the absolute loan amount available within the RBI Loan-to-Value cap. Borrowers may leverage higher valuations for liquidity needs such as debt consolidation or business expansion. Lenders should ensure transparent, real-time appraisal processes and borrowers are advised to use RBI-regulated lenders and bank-grade custody standards to secure peak market valuation and potentially access improved credit terms and lower long-term borrowing costs.
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.

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February 13, 2026

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New Delhi, Feb 13 (PTI) Following are the top stories at 9 pm: NATION DEL41 PM-LD BANGALDESH (4.03 PM)

PM Modi speaks to Bangladesh leader Tarique Rahman; congratulates on BNP's poll victory New Delhi: Prime Minister Narendra Modi on Friday spoke to Bangladesh Nationalist Party (BNP) leader Tarique Rahman on his party's victory in the neighbouring country's parliamentary elections and extended India's continued commitment to the peace, progress and prosperity of the people of both countries.

DEL44 BANGLA-ELECTIONS-EX ENVOYS (4.21 PM)

Good news for Bangladesh: Strategic affairs experts on poll results in neighbouring country New Delhi: A positive turn is likely in the ties between India and Bangladesh after a period of more than 18 months that saw the relations being marred by frostiness, as Bangladesh Nationalist Party (BNP) is set to secure a clear mandate in the neighbouring country's election, strategic affairs experts said on Friday.

DEL35 PM-LD SEVATEERTH (3.46 PM)

PM Modi shifts to new office at Seva Teerth, takes decisions for welfare of farmers, women New Delhi: Prime Minister Narendra Modi on Friday shifted to his new office Seva Teerth from the colonial-era South Block building near Rashtrapati Bhavan on Raisina Hill.

DEL97 RAHUL-FARMERS-2NDLD TRADE DEAL (8.48 PM)

Rahul meets farm union leaders, launching movement against India-US trade deal discussed New Delhi: Leader of Opposition in the Lok Sabha Rahul Gandhi met farm union leaders from across the country in the Parliament House complex on Friday and discussed with them the need for a countrywide movement to oppose the India-US interim trade deal as well as safeguarding the livelihoods of farmers and farm labourers.

CAL27 BH-PAPPU-YADAV (8.26 PM)

Pappu Yadav walks out of jail, says grateful to judiciary for separating truth from lies Patna: Independent MP Pappu Yadav, who was arrested last week in a three-decade-old case, walked out of jail on Friday after being granted bail by a Patna court.

DEL60 CONG-POLLUTION-CHOUHAN (6.10 PM)

Cong cites agri minister's remarks on stubble burning, says 'vilification of farmers' must stop New Delhi: Congress leader Jairam Ramesh on Friday cited Agriculture Minister Shivraj Singh Chouhan's remarks that studies have established that stubble burning contributes no more than 5 per cent to pollution in Delhi-NCR, to hit out at the environment ministry, and asserted that the "vilification of farmers" must stop.

DEL93 CONG-LD PURI (8.11 PM)

Epstein files: Cong seeks Union minister Hardeep Puri's resignation, party MPs protest in Parliament New Delhi: The Congress on Friday demanded Union minister Hardeep Singh Puri's resignation as his name figures in the "Epstein files" released in the United States and asked on whose behalf was he interacting with Jeffrey Epstein, who was convicted for sexual crimes with children.

DEL49 ADR-ELECTORAL BOND (5.00 PM)

BJP got 82 pc of Rs 3,826 crore disbursed by electoral trusts in 2024-25: ADR New Delhi: Electoral trusts received Rs 3,826.34 crore in contributions in Financial Year 2024-25 and disbursed Rs 3,826.35 crore to political parties, with the BJP receiving more than 82 per cent of the funds, the Association for Democratic Reforms (ADR) said on Friday.

LEGAL LGD24 SC-SPECTRUM-IBC (7.23 PM)

Spectrum allocated to telcos not asset, can't be subjected to insolvency process: SC New Delhi: In a landmark decision, the Supreme Court on Friday held that the spectrum allocated to telecom service providers is not an asset to be subjected to proceedings under the Insolvency and Bankruptcy Code.

LGD28 DL-COURT-BLAST (7.55 PM)

Red Fort blast: Court grants 45 more days to NIA to conclude investigation New Delhi: A Delhi court on Friday granted 45 more days to the National Investigating Agency (NIA) to conclude its probe in connection with a blast near the Red Fort here on November 10, 2025.

BUSINESS DEL51 BIZ-FOREX (5.13 PM)

India's forex reserves drop USD 6.7 bln to USD 717.06 bln Mumbai: India's forex reserves dropped by USD 6.711 billion to USD 717.064 billion during the week ended February 6, the RBI said on Friday.

DEL46 BIZ-WHEAT-EXPORT (4.45 PM)

Govt approves 25 lakh tons of wheat exports New Delhi: The government on Friday allowed export of 25 lakh tonnes of wheat, along with an additional 5 lakh tonnes of wheat products and sugar each, to stabilise domestic markets and ensure remunerative returns to farmers amid a comfortable stock position.

FOREIGN FGN13 UN-INDIA-JEM (9.19 PM)

UNSC panel notes Pak-based terror group JeM's reported link to Red Fort attack United Nations: A report by the UN Security Council sanctions monitoring team has noted that Pakistan-based terror group Jaish-e-Mohammed was reported to be linked to a terror attack on the Red Fort in New Delhi last November that killed 15 people. By Yoshita Singh

FGN37 BANGLA-LDALL ELECTIONS (7.32 PM)

BNP secures landslide victory; set to return to power after two decades Dhaka: The Bangladesh Nationalist Party (BNP) on Friday secured a sweeping victory with more than two-thirds majority in the landmark parliamentary elections and is making a spectacular return to power after a gap of two decades.

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