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    Summer 2026 AC Guide: Top picks, deals and savings
    DPIIT and National Productivity Council Organize ‘Chintan Shivir on Boilers’ to Foster Innovation and Align Industry Roadmap with Vision 2047
    Secretary, DFS, inaugurates Facilitation Camp for ‘Salary Account Package for Central Government Employees’
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February 19, 2026
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EMI financing enables consumers to acquire branded air conditioners through flexible tenures and zero down payment options.
Promotional offers couple branded air conditioner sales with Easy EMI loans and an EMI Network Card permitting flexible tenures, zero down payment options, paperless point-of-sale conversion, and online pre-approved eligibility verification by mobile number and OTP; pricing and offers are location- and retailer-dependent and subject to change.
February 19, 2026
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Re-enacted Boilers Act strengthens safety framework; stakeholders invited to streamline compliance and boost industry innovation.
The Boilers Act, re-enacted as the Boilers Act, 2025 and operational from 1 May 2025, was retained and reviewed to maintain a safety-focused regulatory framework; the Chintan Shivir solicited stakeholder feedback on the Act and subordinate rules, sought suggestions to rationalise regulations and reduce compliance burden, and addressed implementation issues including roles of Third-Party Inspecting Authorities and Competent Persons.
February 19, 2026
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Salary account package expands banking, insurance and card benefits to central government employees through PSB facilitation camps.
The Department of Financial Services launched a Salary Account Package for Central Government employees delivered via PSB organised facilitation camps, with PSBs as nodal banks coordinating with Ministries/Departments to ensure participation. The integrated Package covers banking, insurance and cards, offering zero balance accounts, free remittances and cheque facilities, concessions on locker rental and loan processing, concessional loan rates for housing, education, vehicle and personal loans, enhanced card benefits, and layered insurance protections including accident, disability, life and medical cover.
February 19, 2026
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NDPS Act enforcement uncovers clandestine synthetic drug laboratory, leading to seizure of drugs, chemicals, equipment and arrests.
Enforcement under the NDPS Act led to interception of suspects with concealed high-purity methamphetamine and admissions linking the consignment to a clandestine laboratory; coordinated multi-branch searches located a chemically hazardous manufacturing facility equipped with modern machinery and bulk chemicals, which was secured with PPE and dismantled with technical assistance, and all recovered contraband, chemicals and equipment were seized under the Act while suspects were charged or detained under relevant provisions.
February 19, 2026
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Initial public offering announces book built issue with retail/institutional allocation and offshore sale under Regulation S.
The company is making an initial public offering via a book building process with a disclosed price band, specified bid period and minimum lot requirements; the fresh issue proceeds will fund store expansion and general corporate purposes. Allocation among investor categories is set between qualified institutional buyers, non institutional bidders and retail individual bidders. The RHP has been filed with the RoC and is available on regulator, exchange and company websites; the shares are not registered under the U.S. Securities Act and will be offered offshore under Regulation S, with SEBI and exchange disclaimers noted.
February 19, 2026
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Cross-border trade facilitation expands as Yiwu strengthens digital trade infrastructure and foreign business integration.
Overview of Yiwu's role in facilitating international trade and community governance through infrastructure, business registration, and local dispute-resolution mechanisms. It highlights significant import-export activity, growth in cross-border e-commerce, the Global Digital Trade Centre, expanded rail connectivity, and a high density of registered foreign-invested entities that enhance trade facilitation and digital transactions.
February 19, 2026
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PMLA summons prompt fresh ED questioning over alleged money trail and disputed property sale.
Fresh summons under the Prevention of Money Laundering Act require the Reliance Group chairman and his spouse to give separate statements in an ED money laundering inquiry concerning an allegedly fraudulent sale of a Manhattan condominium, a related cross border remittance routed through a foreign entity, the arrest of a former executive, the constitution of a special investigation team, filing of ECIRs, and asset attachment measures.
February 19, 2026
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State GST eligibility and transport subsidy shaping a local tea auction centre to retain value and improve price realisation.
Establishment of a local tea auction centre at Gurkhabasti aims to internalise tea transactions, improve price realisation for Tripura producers, and reduce time and transport costs. The Tripura Tea Development Corporation will provide a transport subsidy from its own resources to enhance viability. Converting outbound auctioning into in-state auctions is expected to affect State GST eligibility and receipts, thereby altering the fiscal profile of tea transactions and retaining value within the state supply chain.
February 19, 2026
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Memorandum of Understanding renewal strengthens academic collaboration, joint research, faculty exchanges and capacity building between institutions.
Memorandum of Understanding renewal establishes a five-year institutional framework for academic collaboration between IICA and NALSAR, formalising faculty and student exchanges, joint research and publications, expert advisory services, and the organisation of workshops, seminars and conferences; it consolidates a two-year residential LL.M. programme in Insolvency and Bankruptcy Laws combining academic instruction and industry exposure.
February 19, 2026
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Ease of Doing Business reforms to rationalise e-forms and streamline corporate compliance through digital governance and consultations.
A high-level Advisory Group on Ease of Doing Business will recommend measures to rationalise e-forms and simplify corporate compliance under the Companies Act by reducing duplicative filings through consolidation, automation and event-based processing, develop an Integrated Form Blueprint and a phased implementation roadmap, conduct stakeholder consultations and impact assessments, and propose draft amendments to support a modern, transparent, technology-driven corporate regulatory framework; the School of Business Environment, IICA, will serve as Secretariat and a research MoU with the Ministry will produce evidence-based recommendations.
February 19, 2026
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National accounts methodology revised to adopt new data sources and updated compilation methods aligning quarterly and annual estimates.
Revision of national accounts introduces new administrative and survey data, disaggregated modeling, and updated rates to improve sectoral estimates. Corporate sector changes include activity wise revenue splitting and disaggregated Paid up Capital multipliers; government estimates add imputed housing services and wider coverage; household estimates move to annual direct estimation using specific surveys. PFCE uses a mixed survey/production/commodity flow approach with COICOP 2018, and quarterly benchmarking adopts Denton proportional benchmarking to align QNA with annual accounts.
February 19, 2026
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Trade tariffs nullified by national economic strength - call for self-reliance and firmness in external trade relations.
India's prospective leadership of the Global South and economic self-reliance were foregrounded, asserting that strengthened national capacity will nullify the effect of external tariffs and reduce foreign leverage. The speaker urged firmness in trade relations, linked social harmony and a shared Hindu identity to national unity, advocated moving temple administration from government control to devotees, and highlighted village-level development work including education, dispute resolution, land access, and local employment.
February 18, 2026
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Sovereign energy policy: India's continued purchase of Russian hydrocarbons seen as mutually beneficial despite US claims.
Russia's Foreign Ministry states it has no reason to believe India has changed its position on purchasing Russian hydrocarbons, asserting such purchases are mutually beneficial and help maintain international energy market stability. The statement rebuts US claims that India agreed to stop importing Russian crude, notes that India has not confirmed Washington's assertion, and characterises previous US actions - tariffs, sanctions and prohibitions - as coercive measures intended to dissuade countries from buying Russian oil.
February 18, 2026
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India-EU free trade agreement accelerates strategic economic and technological cooperation, enabling enhanced talent mobility and digital collaboration.
Prime Minister Modi and Estonian President Karis affirmed that the India-EU free trade agreement will act as a catalyst for deeper economic partnership and committed to leveraging it to expand trade and investment linkages, while intensifying cooperation in AI, digitalisation, e-governance, cybersecurity, startups, skilling, talent mobility, tourism, and clean energy collaboration.
February 18, 2026
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Provisional attachment under PMLA of overseas deposits linked to a real money gaming app for alleged money laundering and algorithmic manipulation.
The Enforcement Directorate issued a provisional order under the Prevention of Money Laundering Act to attach overseas bank deposits held in the names of alleged shell companies linked to Winzo Pvt Ltd, operated and controlled by its promoters, as part of a money laundering investigation into the real money gaming business alleging use of BOTs/AI and restrictions on customer withdrawals; a chargesheet has been filed and cumulative attachments have been reported.
February 18, 2026
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Fugitive economic offender status challenged as absence due to passport revocation and UK travel prohibition.
The petitioner challenges his designation as a fugitive economic offender and the constitutional validity of the Fugitive Economic Offenders Act, asserting he cannot specify a return date because his Indian passport was revoked and English and Welsh court orders prohibit him from leaving; counsel contends absence stems from international legal constraints and need not bar the High Court from hearing the petitions. The bench directed the Union government to file its reply and posted the matter for further hearing.
February 18, 2026
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Provisional attachment under PMLA used to secure asset linked to alleged investor cheating and diverted endorsement proceeds.
Provisional attachment under the Prevention of Money Laundering Act was used to secure an immovable property in Kerala linked to proceeds allegedly generated through cheating by an online bidding application, with investigators tracing diverted funds to celebrity endorsement payments, cryptocurrency trading losses and personal expenses and issuing a provisional order to preserve the property equivalent to the identified proceeds.
February 18, 2026
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Free trade agreement momentum boosted as leaders discuss cooperation across technology, shipbuilding and corridor connectivity.
Leaders focused on strengthening bilateral ties by promoting a Free Trade Agreement and enhancing cooperation in technology, innovation, shipbuilding, blue economy, and connectivity via the India Middle East Europe Economic Corridor. Croatia flagged increased trade and opportunities in logistics, maritime transport, digital transformation, defence and security, and emphasised its gateway role linking the Three Seas Initiative with the IMEC corridor. The visit occurred alongside the AI Impact Summit, framing AI's policy relevance to these economic agendas.
February 18, 2026
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Merger approval: consolidation of an NBFC's asset finance business into an inactive holding entity cleared, detailed regulatory order to follow.
The Competition Commission approved the proposed merger of Hinduja Leyland Finance Limited into NDL Ventures Limited, enabling consolidation of Hinduja Leyland Finance's asset finance activities-small ticket retail and vehicle loans, loan against property and housing loans-into NDL Ventures, which presently has no active business; a detailed regulatory order and any conditions will follow.
February 18, 2026
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Competition approval for internal reorganisation permits transfer of specified BCCL businesses to newly formed THPL on going concern basis.
Competition Commission approval granted for an internal reorganisation by Bennett Coleman & Company Limited to demerge and transfer specified entities, businesses, undertakings, assets and liabilities (EIBME Business) into newly incorporated Times Horizon Private Limited on a going concern basis, with further detailed order to follow.

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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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