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February 11, 2026
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Direct tax collections rose 9.4% to Rs 19.44 lakh crore till Feb 10 on higher corporate receipts and lower refunds.
Net direct tax collections increased 9.4% to Rs 19.44 lakh crore through February 10, supported by a 14.51% rise in corporate tax to Rs 8.90 lakh crore and a 5.91% increase in non corporate taxes to Rs 10.03 lakh crore. Securities Transaction Tax receipts were nearly flat at Rs 50,279 crore, while tax refunds fell 18.82% to Rs 3.34 lakh crore. Gross direct tax receipts rose 4.09% to Rs 22.78 lakh crore, with gross corporate and non corporate mop ups of Rs 10.88 lakh crore and Rs 11.39 lakh crore respectively, against a Revised Estimate of Rs 24.84 lakh crore.
February 11, 2026
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Trade unions call a nationwide strike to oppose privatisation measures, demand pension restoration and oppose 100% FDI in insurance.
A joint forum of central trade unions has called a nationwide one-day strike affecting multiple public services to oppose policies seen as enabling privatisation and corporate access, demand withdrawal of the Electricity Amendment and related policy proposals, restore the Old Pension Scheme for power employees, oppose 100% FDI in insurance, roll back recent labour code measures and related bills, and press for stopping outsourcing and regular recruitment and regularisation of outsourced workers.
February 11, 2026
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National Productivity Week 2026 spotlights cluster-based growth for MSMEs to boost productivity and global value chain integration.
The National Productivity Council will observe the 68th National Productivity Week (12-18 February 2026) under the theme Clusters as Growth Engine: Maximizing Productivity in MSMEs, promoting cluster-led development to accelerate productivity and global value chain integration. NPC will run nationwide events through its 12 Regional Directorates and 24 Local Productivity Councils, working with central and state ministries, industry associations and academia. As an autonomous society under the Department for Promotion of Industry and Internal Trade, NPC provides consultancy, training and research across multiple technical and management domains to support MSME competitiveness and sustainable industrialisation.
February 11, 2026
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India's organic regulation strengthens export readiness at BIOFACH, urging India EU mutual recognition to expand organic trade.
India emphasised amendments to the National Programme for Organic Production enhancing credibility and international alignment, and urged early conclusion of a Mutual Recognition Agreement on organics with the European Union to enable reciprocal certification acceptance and expand bilateral organic trade, supported by APEDA-led market promotion and capacity-building measures for exporters, certification bodies and farmer organisations.
February 11, 2026
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SBI becomes fourth most valuable listed firm as strong quarterly results lift market capitalisation and profits.
SBI overtook TCS as the fourth most valuable listed company after its shares rose and market capitalisation increased. The bank disclosed record standalone profit of Rs 21,028 crore and consolidated profit of Rs 21,317 crore for the December quarter; standalone core net interest income grew 9.04% to Rs 45,190 crore on about 15.14% loan growth and a domestic net interest margin of 3.12%. Non interest income rose 15.65% to Rs 8,404 crore while total expenses rose to Rs 1,08,052 crore, as reported in a regulatory filing.
February 11, 2026
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RBI draft amendments target advertising, marketing and sales practices by banks and NBFCs to curb dark patterns and mis selling.
RBI has issued draft Amendment Directions to expand regulatory requirements on advertising, marketing and sales of financial products and services by all banks and NBFCs, covering Direct Sales/Marketing Agents, dark patterns and prevention of mis selling, and proposes corresponding amendments to Responsible Business Conduct and Undertaking of Financial Services Directions for various categories of regulated entities.
February 11, 2026
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IN-SPACe selects three firms to develop modular small satellite buses with grants and infrastructure support for hosted payloads.
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February 11, 2026
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Union Budget should prioritise employment over investment figures, ensuring dignified jobs for youth and taxpayer safeguards.
Employment must be central to policy, with success measured by dignified jobs for youth rather than investment announcements; manufacturing and MSME growth requires skilling, local ecosystems, affordable credit and predictable regulation to generate jobs. Tax simplification should include safeguards to protect honest taxpayers from cashflow harm and compliance anxiety, and wider policy must address urban governance, water security, climate resilience and regional balance while prioritising farmers, informal workers and backward regions.
February 11, 2026
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Nationwide strike to disrupt electricity, banking, transport, health and utilities; unions demand withdrawal of privatisation bills.
A nationwide strike by a joint trade union forum is expected to disrupt electricity, banking, insurance, transport, health, education and utility services, with large-scale participation and partial bank-union involvement. Power-sector employees demand withdrawal of the Electricity (Amendment) Bill 2025 and the proposed National Electricity Policy 2026, restoration of the Old Pension Scheme, an end to outsourcing and regularisation of outsourced staff. Unions also oppose up to 100% FDI in insurance and seek repeal of recent labour codes and other statutory measures.
February 11, 2026
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IIM Lucknow Chief Strategy Officers Programme: 10-month executive course on strategy, AI integration, ESG and a capstone project.
IIM Lucknow and TimesPro offer a 10-month Chief Strategy Officers Programme for senior professionals (generally 10+ years' experience) structured into three modules-Sensing Opportunity; Crafting Competitive Advantage; Execution & Realising Competitive Advantage-covering strategy, disruption, M&A, digital and AI integration, ESG, change management and design thinking, delivered via live online sessions, a three-day on-campus immersion and a capstone project; successful participants receive an IIM Lucknow certificate and alumni credentials.
February 11, 2026
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Fengdu oranges gain national geographical indication and cooperative standardization to scale production and domestic exports.
Fengdu's orange sector relies on cooperative-led standardized production and training supported by the county Agriculture and Rural Affairs Commission, with certified technical practices (including drone operation) forming the operational compliance and quality-control framework. The product holds a National Geographical Indication Trademark and National Geographical Indication for Agricultural Products designation, and the village is a national specialty product demonstration, enabling regulated market access, traceability, and export opportunities.
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Parliamentary Budget debate: government accuses opposition of vitriol; parties clash over banks, MSMEs and fiscal transfers.
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February 11, 2026
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Bisleri's Bottles for Change promotes circular economy through recycled products, collection banks, and educational outreach.
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February 11, 2026
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Raychem RPG supplies cable accessories and dry-type terminations enabling reliable power transmission for rail, airports, and renewables.
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Customs & Trade

I say as agriculture minister, trade deal with US won't cause losses to India's farmers: Shivraj

February 17, 2026

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Jaipur, Feb 17 (PTI) Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said the India-US interim trade deal was finalised after careful consideration, with the government ensuring that no decision harms the farming community.

Speaking at a programme here, the former Madhya Pradesh chief minister said, “I am speaking with full responsibility as the agriculture minister of India. In the trade agreement, we have taken complete care of the interests of Indian farmers. There will be no losses for India's farming community,” he said.

On imports, Chouhan said the country has to bring in the things it needs.

“We are not self-sufficient when it comes to pulses even today. If something that we need comes from another country, what is the objection?" he asked.

Similarly, he said, India imports around 5.5 lakh metric tonnes of apples.

"They come from countries like Turkey and Iran. If one lakh metric tonnes (of apple) come from the United States, after ensuring that it does not affect our farmers, what is the problem?" he asked.

On cotton, he said the textile industry faces shortages.

"When cotton production falls short, we have to import," the minister said.

Without taking any names, Chouhan also accused Congress leader Rahul Gandhi of levelling false allegations daily.

"There is one leader who is a part-time politician and a full-time dramatist. He neither understands trade nor tradition. Those who have never seen villages and farms are making allegations every day," he claimed.

The Union minister also asked why the erstwhile UPA government refused to implement the Swaminathan Committee report, which recommended fixing the minimum support price (MSP) at 50 per cent above the cost of production.

“The UPA government filed an affidavit saying that it (fixing MSP) would distort the market. It was Prime Minister Narendra Modi who decided that MSP will be given at 50 per cent above production cost," he said.

Chouhan also asked why the Congress did not create a buffer stock when there was record sugar production in 2006-07.

“When prices fell, why were farmers not protected? What kind of trade was it to import sugar at Rs 36 per kg and export it at Rs 12.50?” he asked.

The minister claimed that India was self-reliant in edible oils till 1993-94, but the Congress government put them under an open general licence, making the country dependent on imports.

"Thousands of tonnes of foodgrain were lying in the warehouses. Even the Supreme Court said they should be distributed to the poor. But the UPA government said the court should not interfere," he claimed, adding that Rahul Gandhi should give answers to these questions.

Chouhan also said it is the NDA government led by Narendra Modi that is providing free foodgrain to 80 crore poor people in the country.

“Farmers are ‘annadatas’. The government is working to promote the interests of farmers and empower them with technology.

“We must move towards natural farming. We must link agriculture with animal husbandry and other activities so that farmers' incomes increase,” he said.

"Our effort is to reduce and eliminate the difficulties faced by the farmers. Their welfare is the top priority for the NDA,” Chouhan added.

The agriculture minister launched an artificial intelligence-based platform – Bharat-VISTAAR – for farmers on the occasion.

Bharat-VISTAAR is a multi-layered digital platform designed to provide end-to-end support to the agricultural community.

Chouhan described it as the beginning of a digital revolution in agriculture that will provide farmers with real-time, integrated information and services.

Through Bharat-VISTAAR, farmers will receive AI-based, timely advice on various aspects of cultivation via a unified digital interface, enhancing transparency, empowering farmers, and making them self-reliant, Chouhan said.

The platform, initially rolled out in Hindi and English, will soon be expanded to other Indian languages.

Chouhan said it will offer mandi prices, farming practices, details of Central welfare schemes, crop-specific scientific advice, weather forecasts, agricultural loans, scheme eligibility, application processes, etc., on a single platform.

Rajasthan Chief Minister Bhajanlal Sharma, who was also present at the launch, said the platform would boost farmers' prosperity.

It will provide information on crop planning, better cultivation methods, pest protection measures, weather updates, market prices, fisheries, animal husbandry and government schemes directly on the farmers' phones, Sharma said.

Rajasthan Agriculture Minister Kirodi Lal Meena said the state government is continuously promoting advanced, technology-driven agriculture. PTI SDA ARI

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