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    Former Jaypee Infratech MD Manoj Gaur surrenders in Delhi's Tihar Jail
    Current policy rate appropriate amid buoyant eco growth, benign inflation: RBI Guv
    FTAs to play significant role in coming years by improving market access: RBI bulletin
    Sensex rebounds 316 pts, Nifty ends above 25,550; banks, metal stocks lead recovery
    India's forex kitty jumps USD 8.66 bn to record USD 725.72 bn
    India joins US-led 'Pax Silica' alliance to bolster AI and critical minerals supply chains
    Union Minister of Commerce and Industry Shri Piyush Goyal Launches Export Promotion Mission to Boost MSME Exports and Strengthen Global Competitivenes...
    Production Linked Incentive Scheme with ₹1.91 Lakh Crore Outlay Drives Strong Industry Participation Across 14 Strategic Sectors
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February 20, 2026
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Money laundering allegations prompt former MD to surrender to custody after interim bail term expires in fraud-linked probe.
Allegations of money laundering and diversion of homebuyer funds form the basis of an ED investigation and FIRs alleging that two group companies misapplied project receipts, leaving residential projects incomplete and purchasers defrauded. The promoter was arrested, obtained interim bail, and later surrendered after a court denied regular bail, the court noting allegations of widespread cheating and criminal breach of trust. A related listed company filed a regulatory update confirming the director's surrender upon expiration of interim bail.
February 20, 2026
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Policy rate maintained as appropriate: neutral monetary stance justified by buoyant growth and benign inflation.
The Monetary Policy Committee voted to maintain the existing policy repo rate and retain a neutral stance, finding the current policy rate appropriate given buoyant growth and benign inflation. The Governor noted healthy medium term macroeconomic fundamentals, while the Deputy Governor cited upward revisions to near term growth projections and incomplete transmission of earlier rate cuts as reasons to defer further easing until new GDP and inflation series data are available.
February 20, 2026
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Free trade agreements improving market access and export competitiveness, prompting investor confidence and supporting growth policy.
Free trade agreements with the EU and an interim pact with the US are expected to improve market access, enhance export competitiveness, and deepen Indian firms' integration into global value chains; this expectation has altered investor sentiment, prompting a return of foreign portfolio investment, while the Union Budget stresses fiscal consolidation alongside stepped up capital expenditure, and headline inflation remains benign under the revised CPI series.
February 20, 2026
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Market rebound driven by banking and metal stock buying as trade deal signals and supply chain shifts lift sentiment.
Equity markets rebounded with strong buying in large-cap banking and metal stocks restoring benchmark indices to positive territory after a sharp correction. Broad sector participation favored Power, PSU Banks, Utilities, Capital Goods and Metals, while IT lagged. Sentiment was supported by trade-agreement signals and India's participation in Pax Silica, enhancing supply chain security for AI and semiconductors, even as elevated volatility and recent institutional net selling influenced near-term flow-driven moves.
February 20, 2026
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Foreign exchange reserves rise to record level after gains in foreign currency assets and gold, RBI data shows
India's foreign exchange reserves rose to USD 725.727 billion in the week ended February 13, driven by increases in foreign currency assets (up USD 3.55 billion to USD 573.603 billion) and gold reserves (up USD 4.99 billion to USD 128.466 billion); SDRs increased by USD 103 million to USD 18.924 billion and the IMF reserve position rose by USD 19 million to USD 4.734 billion, with dollar reporting reflecting valuation effects of non US currency movements.
February 20, 2026
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Supply chain security for critical minerals and AI strengthened as partners commit to trusted, diversified industrial cooperation.
India joined Pax Silica to build a resilient, trusted supply chain for critical minerals and AI, addressing over concentration and risks of economic coercion. The declaration commits partners to coordinated cooperation across the value chain-from raw materials and mineral processing through semiconductors and AI infrastructure-emphasising diversification, trusted industrial bases, workforce development, and a pro innovation approach that treats economic security as national security.
February 20, 2026
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Export Promotion Mission expands MSME trade support with export factoring, e commerce credit and compliance facilitation.
The Export Promotion Mission deploys coordinated financial and ecosystem measures-under Niryat Protsahan and Niryat Disha-to strengthen MSME export competitiveness by reducing cost of capital, diversifying trade finance through export factoring and structured e commerce credit with interest subvention and partial guarantees, and by enhancing compliance capabilities, overseas warehousing, logistics reimbursements and trade intelligence to facilitate market entry and integration.
February 20, 2026
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Production Linked Incentive scheme links incentives to incremental domestic production, deepening localisation and strengthening manufacturing competitiveness.
The Production Linked Incentive (PLI) Scheme links financial incentives to incremental domestic production over a defined base year, incentivising scale, technology adoption and domestic value addition across 14 strategic sectors. Operative approvals and performance metrics channel payments to approved applicants to deepen localisation, expand manufacturing capacity and integrate with global value chains; reported outcomes as of 31 December 2025 include 836 approved applications, cumulative rises in investment, production, exports, employment and disbursed incentives.
February 20, 2026
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Interim India-US trade agreement likely operationalised in April after legal-text finalisation meeting, with related FTAs scheduled for implementation.
An interim trade agreement between India and the United States is expected to be signed in March and made operational in April after officials finalise the legal text; FTAs with the United Kingdom and Oman are likely to be implemented in April and a pact with New Zealand in September.
February 20, 2026
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Interim trade agreement legal text to be finalised, codifying reciprocal tariff concessions and paving way for signature.
A three-day bilateral meeting will finalise the legal text converting the previously agreed framework into an interim trade agreement to be signed by the two governments; the agreement will codify reciprocal duty concessions and specific tariff adjustments, with the Indian negotiating team led by the chief negotiator.
February 20, 2026
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Investor verification: public SEBI Check awareness activation promotes verification-first behaviour to reduce fraud and strengthen investor protection.
SEBI Check is a verification mechanism to confirm whether market entities are registered with the regulator, aimed at reducing impersonation and unregistered advisory fraud by promoting verification before investing. NSDL has advanced this objective through behavioural investor education-digital content, transit-led campaigns, and on-ground activations-culminating in a flash mob at Priya High Street that reinforced the green triangle thumbs-up symbol as a trust marker and used public-space storytelling to drive symbol recall and verification-first behaviour.
February 20, 2026
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Trade agreements to reduce market barriers, spurring GCC expansion and materially boosting Grade A office demand in India.
Bilateral trade agreements with major partners are expected to reduce market barriers and tariffs, incentivizing multinational firms to expand India-based GCCs into higher value functions and thereby materially increase Grade A office demand across the top seven Indian markets; Colliers projects GCCs could account for a substantial share of future leasing while noting that benefits depend on finalisation and implementation of agreement details.
February 20, 2026
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Interest computation in GSTR-3B updated; portal auto-populates minimum interest and permits CGST/SGST ITC for IGST liabilities.
From January-2026 the portal revises interest computation in GSTR-3B table 5.1 to deduct the minimum cash balance in the Electronic Cash Ledger from net tax liability for interest calculation; the computed interest is auto-populated as a non-editable minimum and taxpayers must self-assess upward if necessary. The portal will auto-populate the Tax Liability Breakup from GSTR-1/GSTR-1A/IFF document dates for prior-period supplies discharged in the current period, and once IGST ITC is exhausted allows use of CGST and SGST ITC in any sequence in Table 6.1. Interest on late final returns for cancelled taxpayers will be collected via GSTR-10.
February 19, 2026
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Fraud in anticipation of winding-up: director diverted company funds after loss of control, now facing criminal and confiscation proceedings.
A director was convicted of fraud in anticipation of winding-up after transferring the company's bank funds to his personal account following appointment of a Law of Property Act receiver and the transfer of the company's assets and sole share to that Receiver. The jury rejected his claimed belief in entitlement to the funds. The Insolvency Service is pursuing confiscation under proceeds legislation, and the director remains disqualified with an indefinite suspension of bankruptcy discharge for noncooperation with the Official Receiver.
February 19, 2026
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Trade agreement obligations require tariff cuts, import and defence commitments, triggering transparency and sovereignty concerns.
The bilateral package imposes binding commercial and defence commitments requiring tariff reductions, duty-free access for specified exports, mandated imports of US agricultural and energy commodities, and increased purchases of US military hardware while limiting procurement from certain other countries. The deals were negotiated under a Non-Disclosure Agreement, and commentators question whether an unelected interim government had authority to conclude secretive, long-term obligations without parliamentary oversight, raising transparency, fiscal stability, and sovereignty concerns.
February 19, 2026
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Liquidation of cooperative bank initiated; depositors' claims to be settled under statutory priority after KYC verification and phased settlement.
Liquidation proceedings for SCARD Bank Ltd have been initiated under the Cooperative Societies Act due to accumulated losses, weak governance, poor loan recovery and liquidity pressures; the bank is not registered under the Banking Regulation Act and thus lies outside RBI purview. A comprehensive KYC verification of claims is complete and, following a winding-up order and appointment of liquidators, duly verified depositor claims will be settled in phased manner strictly pursuant to statutory provisions and the prescribed order of priority. Deposit insurance and credit guarantee mechanisms do not apply; the government has compiled depositor liability projections and may consider budgetary provisioning.
February 19, 2026
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EEZ access pass allows regulated offshore fishing with traceability and sustainability safeguards to support seafood export competitiveness.
An access pass framework regulates organised fishing in India's Exclusive Economic Zone, establishing entry conditions, monitoring, compliance, and traceability standards under the Sustainable Harnessing of Fisheries in the EEZ Rules, 2025, to enable responsible offshore harvesting, empower fishing communities and support seafood export competitiveness.
February 19, 2026
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Public debt increase signals higher state debt servicing obligations under revised estimates and disclosed budget figures.
Gujarat's revised estimates for 2024-25 show total public debt rising from Rs 3,52,718 crore in 2023-24 to Rs 3,99,633 crore, with interest payments and principal repayments disclosed as Rs 24,964 crore and Rs 26,136 crore for 2023-24, and Rs 25,945 crore and Rs 29,086 crore respectively for 2024-25; these figures were tabled in the state assembly alongside the 2026-27 Budget presentation.
February 19, 2026
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Tariffs on imports reshape trade incentives and pricing, prompting import timing and affecting customs revenues and consumer prices.
Presidentially imposed tariffs function as a tax on US importers often passed to consumers, shift commercial incentives by prompting import timing to avoid higher duties, and can be used to protect domestic industry and raise Treasury revenue; these effects influence trade flows, customs liabilities, and have produced only a muted aggregate inflationary impact while contributing to observed annual changes in the goods-and-services trade gap.
February 19, 2026
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Industry-specific AI chips drive Tata's semiconductor and AI infrastructure expansion through strategic partnerships and vertical solutions.
Tata Group is pursuing industry-specific AI chips and an industrial AI operating system while expanding semiconductor fabrication and packaging capacity, data centre AI hosting, and strategic partnerships to enable vertical AI solutions, with initial chip efforts focused on automotive applications.

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Fintech Platform Endl Secures 1.5 Million Dollar Investment to Scale Global Payment Infrastructure

February 16, 2026

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Fintech platform Endl has raised 1.5 million dollars in pre-seed funding with participation from Iterative Singapore, 500 Global, and the XRPL Accelerator by Tenity. The investment marks a significant step in the company’s mission to modernise cross border payments for businesses operating in emerging markets. The funding will support Endl’s expansion across South East Asia, the Middle East, and India, while strengthening its product capabilities and regulatory infrastructure. As global commerce becomes increasingly digital, the company is positioning itself at the intersection of traditional finance and blockchain powered payments.

Reimagining how global payments work Endl offers businesses a unified platform to manage multi currency accounts, hold and convert fiat and stablecoins, and execute international payouts with speed and transparency. In addition to its banking and settlement tools, the company also provides Endl Corporate Cards, enabling businesses to directly spend their global balances across online and offline merchants worldwide.

These cards are linked to users’ multi currency and stablecoin wallets, allowing seamless conversion at the point of transaction and giving companies greater control over international expenses, subscriptions, and operational spending. By integrating regulated banking rails, stablecoin infrastructure, and corporate spending tools, Endl is creating a complete financial operating system for modern businesses.

Unlike conventional fintech solutions that treat digital assets as add ons, Endl has built its architecture with stablecoins at the core. This allows the platform to optimise liquidity, reduce intermediaries, and deliver near real time settlements while maintaining full compliance.

Reflecting on this approach, Co Founder Ashita Batra said, “Endl empowers both Web3 and Web2 organizations with USD, EUR, CAD and GBP fiat accounts, access to compliant stablecoin payments, stablecoin to fiat cross border remittances, treasury management and yield products. Our focus has always been on giving businesses institutional grade tools without complexity.” Leadership rooted in practical innovation Endl is led by founders with deep experience in banking, payments, and financial technology.

Ashita Batra, Co Founder and Chief Executive Officer, brings a strong background in economics and digital finance. Her leadership philosophy centres on making global money movement intuitive and reliable for businesses that are often underserved by traditional banks.

Co Founder and Chief Technology Officer Tejas Arun leads the company’s technology strategy, building scalable and secure infrastructure designed for multi market operations. Under his leadership, Endl supports multiple blockchain networks while ensuring enterprise grade security and compliance.

Together, the founders share a long term vision of rebuilding global financial infrastructure around speed, transparency, and accessibility.

This thinking is echoed in a recent company post, where Endl noted, “Traditional banking was designed for a single nation and currency. Modern teams are global in scope, and Endl is moving the needle by making global business banking simpler with stablecoin efficiency and multi currency tools.” Solving a real problem in emerging markets Across many emerging economies, businesses rely on informal peer to peer exchanges to convert stablecoins. These channels are often unreliable, unregulated, and exposed to operational and fraud risks.

Endl addresses this gap by offering a compliant alternative that does not require users to understand complex blockchain mechanics. Businesses can collect payments from clients in the United States and Europe, manage funds securely, and use their Endl Corporate Cards for day to day spending, travel, and digital services, all within a regulated framework.

This integrated approach reduces dependency on fragmented financial tools and enables smoother global operations.

Accelerating growth after fundraising With the new capital, Endl plans to expand its product ecosystem, including enhancements to its corporate card program, advanced payout solutions, and deeper integrations with regulated financial partners. The company will also continue investing in compliance systems and regional partnerships to ensure sustainable growth. Its participation in programs such as 500 Global’s Sanabil Accelerator and the XRPL Accelerator by Tenity reflects strong institutional confidence in its business model and leadership.

Building the future of borderless banking Endl’s long term vision is to create a comprehensive compliant banking suite around stablecoin wallets, cross border payment rails, and global corporate cards. The objective is to give businesses in emerging markets access to the same financial capabilities as enterprises in developed economies.

By combining regulatory discipline with digital asset innovation, Endl is shaping a new model of business banking, one where speed, security, and accessibility coexist. As cross border commerce continues to accelerate, Endl is positioning itself not just as a payments provider, but as a foundational partner for businesses navigating the digital economy.

(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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