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    India and Israel launch first round of Negotiations for Free Trade Agreement.
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February 25, 2026
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Free Trade Agreement negotiations aim to deepen trade and regulatory cooperation between India and Israel.
First round negotiations for an India Israel Free Trade Agreement began under a signed Terms of Reference, with technical sessions on trade in goods and services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, customs procedures and trade facilitation, and intellectual property rights, aiming to provide certainty to businesses, strengthen supply chains and expand bilateral economic cooperation.
February 25, 2026
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Preferential trade access expands through high quality FTAs, enabling broader market access and stronger export competitiveness.
India has expanded preferential trade access through a series of high quality free trade agreements, advancing negotiations with multiple partners including a Gulf Cooperation Council bloc, Israel, Chile and Canada. The government connects FTAs to export growth-citing increased merchandise trade with partners-and is supporting MSME integration via an Export Promotion Mission that improves credit access, reduces costs and assists with compliance. A four point roadmap directs grassroots FTA dissemination, a focus on quality and standards, value chain upgrading, and development of local export ecosystems through industry-MSME partnerships.
February 24, 2026
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Wheat export permission allows limited shipments while preserving domestic food security and protecting farmer returns through set modalities.
The government authorised limited wheat exports while maintaining a general prohibition, subject to a capped export allocation and forthcoming operational modalities. Wheat flour and related products remain largely prohibited except for a separate limited allowance and government to government food security permissions. The policy is justified by assessed higher private and central stocks, projected central pool availability and increased acreage supported by MSP and procurement, with aims to stabilise domestic prices, prevent distress sales, improve liquidity and allow exports without endangering domestic supply.
February 24, 2026
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Product contamination probe: forensic and food safety testing underway after suspected coolant leak linked to renal harm.
No urea traces were detected in milk linked to deaths and hospitalisations; ethylene glycol contamination and a suspected coolant leak from a freezer are under investigation. Recognised food safety, veterinary and forensic laboratories have received milk, product and environmental samples for phased testing; results will determine whether adulteration or accidental contamination occurred. The implicated dairy unit was sealed, the vendor detained, extensive household screening and blood testing conducted, and law enforcement indicated criminal proceedings will follow based on forensic and post mortem findings.
February 24, 2026
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Free Trade Agreement negotiations to advance India-GCC cooperation in energy, trade and investment and strategic ties.
India and the Gulf Cooperation Council have initiated negotiations for a Free Trade Agreement alongside a Joint Action Plan under a Strategic Dialogue to deepen cooperation in energy, trade and investment, agriculture, security, and people to people ties, positioning the FTA as the central instrument to structure and expand economic relations between India and the six member GCC bloc.
February 24, 2026
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RTI disclosure: numerical figures for sports arms imports must be released following a wrongful commercial-confidentiality refusal under the Act.
A trade department withheld calibre-wise quantities of sports arms imports citing commercial-confidence exemption under the Right to Information, yet admitted possession of the numerical data and failed to justify the exemption's application to mere quantities; the commission required a revised, point-wise reply limited to numerical figures while preserving legitimately exempt material.
February 24, 2026
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Challenge to benami attachment must be brought before statutory Benami Act authorities, not insolvency or company-law forums.
Attachment orders under the Prohibition of Benami Property Transactions Act, 1988 can be challenged only before the statutory authorities and appellate mechanisms provided within that Act; insolvency and company-law fora lack jurisdiction to entertain such challenges and resorting to them to circumvent Benami Act procedures amounts to an abuse of process.
February 24, 2026
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Spectrum auction policy recommends selling all available bands, reclaiming insolvent holders' airwaves, and easing entry to boost competition.
Trai recommends auctioning all available IMT spectrum and reclaiming airwaves from providers in insolvency, lowers networth entry thresholds for new entrants while retaining 2024 eligibility conditions, and proposes a uniform spectrum cap to protect competition without forcing operators to surrender existing holdings. It prescribes auction modalities, standard 20 year charge periods (with special 600 MHz incentives including extended validity, a payment moratorium and delayed rollout), excludes the upper 6 GHz band pending trials, and introduces a coverage for discount scheme with mandatory tower sharing and periodic spectrum revaluation.
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.

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Cabinet approves Rehabilitation and upgradation of Ghoti – Trimbak (Mokhada) – Jawhar – Manor – Palghar section of NH-160A to 2 Lane /4 Lane with paved shoulder configuration with a Total Length of 154.635 km and Total Capital Cost of Rs.3320.38 crore in Maharashtra

February 16, 2026

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The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, yesterday has approved the rehabilitation and upgradation of the Ghoti–Trimbak (Mokhada)–Jawhar–Manor–Palghar section of NH-160A in Maharashtra on Engineering, Procurement and Construction (EPC) mode, with a total length of 154.635 km and a total capital cost of Rs.3,320.38 crore.

The region west of Nashik, particularly around Ambad and Satpur, hosts a dense cluster of industrial units developed by Maharashtra Industrial Development Corporation. This generates significant freight traffic. At present, this traffic moves through Nashik city via NH-848, adding pressure on urban roads. Existing major routes are already operating near Level of Service (LOS) – C levels:

NH-848 (6L) from Mumbai: 50,000–60,000 PCU/day (LOS-C: 55,000)

NH-60 (4L) from Pune: 40,000–50,000 PCU/day (LOS-C: 36,000)

Upgradation of NH-160A will provide an alternate route from these industrial areas via Triambak, bypassing the city and reducing congestion. The traffic from Mumbai (west side) and Southern side is expected to use Samrudhi Expressway through the interchange at Igatpuri on NH-848. Thereafter, the traffic would travel on NH-848 upto Ghoti and use NH-160A for travel to Trimbak and Nashik. From 2028 onwards, projected daily traffic exceeds 10,000 PCUs, qualifying the corridor for 4-laning.

The section of NH-160A extending westward from Trimbak toward Manor and Palghar connects NH-160A to Delhi-Mumbai Expressway (NE-4), NH-48 and onward to the western coastal belt, as well as tribal areas of Palghar District. Though this link is at present having 4,500 PCUs traffic, development of existing intermediate-lane carriageway to two-lanes with paved shoulders will facilitate smoother movement of both freight and passenger traffic. Also, the stretch from Manor to Palghar passes through urban built-up sections with traffic of about 12,000 PCUs, upgradation to four-lanes has been proposed for smoother movement in this urban section.

The project has been proposed in line with the PM GatiShakti principles and will connect 6 PM GatiShakti Economic Nodes, 01 Social Nodes and 8 Logistics Nodes in the State of Maharashtra. This will have a positive impact on the Logistic Performance Index (LPI) of the country.

Upon completion, the project will also facilitate smooth and safe traffic flow, substantial reduction in travel time, and a notable decrease in Vehicle Operating Cost (VOC). Additionally, the implementation of the project will enhance the basic infrastructure in the tribal region, contributing to overall economic development. The project is also estimated to generate approximately 19.98 lakh person-days of direct employment and 24.86 lakh person-days of indirect employment, besides inducing additional economic activity along the corridor.

Map of Corridor

Project Details

Feature

Details

Project Name

Rehabilitation and upgradation of Ghoti – Trimbak (Mokhada) – Jawhar – Manor – Palghar section of NH-160A to 2 Lane /4 Lane with paved shoulder configuration and in the state of Maharashtra on Engineering, Procurement and Construction (EPC) Mode.

Corridor

Sinnar to Palghar NH 160A

Length (km)

154.635

Total Civil Cost (Rs Cr.)

2594.49

Land Acquisition Cost (Rs Cr.)

725.89

Total Capital Cost (Rs Cr.)

3320.38

Mode

Engineering, Procurement and Construction (EPC) Mode

Major Roads Connected

Expressways: Delhi–Mumbai Expressway (NE-4) and Mumbai-Nagpur Samruddhi Mahamarg

National Highways: NH-848 and NH-48.

State Highways – SH-04, SH-73, SH-76, SH-77, SH-78 and SH-30

Economic / Social / Transport Nodes Connected

06 PM Gati Shakti Economic Nodes:

02 SEZs- Tarapur & Boisar, 02 Industrial Parks- Palghar & Mokhada, 02 Industrial Co-Operative Estates- Wada & Tarapur,

07 Social Nodes:

1 Tribal district- Palghar, 06 Tourist Places- Trimbakeshwar, Jawhar Rajwada, Vaitarna River, Kevla Beech, Arnala Fort, Tungeshwar Sanctuary),

08 logistics nodes:

03 Major Railway Station- Palghar Nashik & Shirdi, 03 Airport- Ozar, Shirdi & Mumbai, 02 Ports- Vadhavan & JNPT

Major Cities / Towns Connected

Trimbak (Mokhada), Jawhar, Manor, Palghar, Mumbai, Nashik

Employment Generation Potential

~19.98 lakh person-days of direct employment

~24.86 lakh person-days of indirect employment

Annual Average Daily Traffic (AADT) in FY-25

Ghoti – Trimbak section:

6,700 PCU/day

Trimbak (Mokhada) – Manor section:

4,323 PCU/day

Manor – Palghar section:

12,455 PCU/day

 

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