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    Loan recovery tightening: RBI proposes mandatory agent training, call recordings
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    New CPI series to improve basis for formulating monetary, fiscal policies: CEA Nageswaran
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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.
February 12, 2026
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Free Trade Agreements encourage exporters to expand markets; tariff rollback and Export Promotion Mission boost export competitiveness.
FTAs are presented as the primary tool to expand exporters' access to developed markets, with industry urged to improve quality and competitiveness to use preferential access. The recent elimination of an additional 25% US tariff is identified as restoring competitive market access for priority sectors. The Export Promotion Mission provides operational support through Interest Subvention for export credit, Collateral Guarantee for MSME export credit and targeted market access measures, with further trade finance, logistics, compliance and branding interventions to be phased in.
February 12, 2026
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Financial inclusion roadmap to expand banking access, formal credit, insurance and pensions, and boost digital payments nationwide.
A national roadmap, Financial Inclusion 2.0, will expand banking access, augment village banking infrastructure, extend formal credit to women and vulnerable groups, and achieve insurance and pension coverage for all by 2047, while promoting digital financial products and transactions and strengthening financial/digital literacy and fraud awareness.
February 12, 2026
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NSSTA celebrates 18th Foundation Day focused on reimagining capacity building for official statistics, AI readiness, and data harmonization.
NSSTA will celebrate its 18th Foundation Day on 13 February 2026 under the theme Reimagining Capacity Building for Official Statistics to achieve Viksit Bharat@2047, emphasizing institutional capacity building, AI/ML and big data adoption, data harmonization for AI readiness, and training for Central, State/UT and international participants to strengthen evidence-based governance.

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Customs & Trade

rivexa Ignites a New Era of Global Exports

February 19, 2026

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Tiruppur, Tamil Nadu, India – Business Wire India Reinforcing its vision to reshape India’s global trade landscape, rivexa hosted a landmark industry engagement- rivOlution 2026, on 10th February at the Padmashri Dr. A. Sakthivel Auditorium, Tiruppur Exporters’ Association (TEA). The event brought industry leaders together to foster dialogue on global trade, digital export ecosystems, and sustainability-driven growth.

The engagement showcased how rivexa is enabling seamless cross-border trade and expanding global market access for Indian businesses through technology-driven sourcing and financial solutions.

rivexa: Demystifying the World of Exports and Finance The session commenced with Mr. Mainak Sarkar, Marketing Head, rivexa, welcoming the industry leaders and outlining rivexa’s vision for a supplier-centric export ecosystem.

“rivOlution 2026 is not just an event, it is a conversation starter for suppliers to understand the entire ecosystem behind global exports, cross-border finance, and payment solutions. This initiative reflects rivexa’s commitment to supplier centricity, serving as a powerful platform for industry collaboration and business growth. Through rivexa, we aim to enable exporters to access global opportunities efficiently and scale with confidence,” said Mr. Sarkar.

Reinforcing rivexa’s long-term vision, Mr. Soumen Baral, Chief, rivexa, highlighted the platform’s role as a trusted partner in enabling India sourcing for global buyers and providing a transparent export ecosystem for Indian MSMEs.

“rivexa connects every stakeholder in cross-border trade- manufacturers, global buyers, quality partners, logistics service providers, financial partners- serving as a dedicated sourcing partner in India. With 500+ global buyers across categories, we enable seamless sourcing from India with a data-backed manufacturing edge over competing Asian markets. By showcasing the capabilities of manufacturers based in large clusters such as Tiruppur, rivexa builds digital credibility, visibility, and efficiency. We provide dedicated support for both sides of the supply chain- driving sustainable growth through trust, technology, and reliable execution,” said Mr. Baral.

Watch highlights from rivOlution 2026 here: [Video Link] Strengthening Global Trade Ecosystems for Indian Exporters The event featured key representatives from the Tiruppur Exporters’ Association (TEA), who shared forward-looking perspectives on strengthening India’s export ecosystem. Mr. K. M. Subramanian- President, TEA, underscored Tiruppur’s commitment to advancing its position in international trade and reinforcing its leadership as India’s leading knitwear and apparel manufacturing hub. Mr. Anand Muthuswamy- Joint Secretary, TEA, highlighted the need for stronger exporter networks, streamlined trade processes, and deeper international collaboration to drive industry growth. Mr. Periasamy S- Advisor, Sustainability, TEA, emphasized the growing importance of sustainable and responsible manufacturing in enhancing global competitiveness.

The event also featured expert sessions on financial and technological enablers of global trade. Mr. K. Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA)- GIFT City, Gujarat, shared insights on evolving cross-border finance frameworks supporting secure and efficient international transactions. Mr. Anand Chandramouli, Head of Partnerships, Glomo, highlighted innovations in cross-border payment solutions that enhance trade accessibility for exporters.

Actionable Insights for Responsible Global Trade Discussions with leading Indian exporters generated actionable insights to further strengthen rivexa’s platform capabilities and enhance international trade facilitation, with a strong emphasis on sustainability-led export growth and ESG-aligned compliance benchmarks to build resilient, future-ready supply chains.

Key conversations explored practical approaches to reducing environmental impact across export ecosystems. This included adoption of renewable energy in manufacturing, responsible and ethical sourcing, recycling and circular production models, water conservation, and the implementation of Zero Liquid Discharge (ZLD) systems.

As global markets continue to evolve, rivexa positions itself as a catalyst for advancing India’s export transformation by enabling businesses with an efficient, transparent, and digital pathway to global markets. Through rivOlution 2026, the platform aims to accelerate industry collaboration and innovation while shaping the future of responsible international trade.

About rivexa rivexa is the trusted gateway to global B2B sourcing from India, building a powerful cross-border trade ecosystem that enables Indian MSMEs to scale and compete globally. Launched in October 2023, rivexa delivers a seamless end-to-end procurement experience- supporting supplier discovery, quality assurance and production monitoring. With a growing presence in Europe, Oceania, UAE, UK, and the US, rivexa continues to strengthen India’s position as a reliable sourcing destination. With 1,500+ verified suppliers, 500+ global buyers, and 10,000+ trade enquiries, rivexa is accelerating India’s rise as a global sourcing powerhouse. It supports key sectors such as fashion & home textiles and industrial goods- positioning India as a sourcing hub and shaping the future of international commerce.

About mjunction mjunction services limited is India’s leading B2B e-commerce company, established in 2001 as a joint venture between Tata Steel and Steel Authority of India Limited (SAIL). The company provides technology-driven digital procurement, e-auction, and supply chain solutions. It enables transparent transactions, efficient sourcing, and operational optimization for businesses across industries such as steel, coal, power, and manufacturing. With a strong focus on innovation, compliance, and global market access, mjunction supports both domestic and international trade while helping organizations streamline procurement and enhance supply chain efficiency.

To View The Image, Click On The Link Below: Team rivexa at rivOlution 2026, Tiruppur Dignitaries from Tea Exporters Association at rivOlution 2026, Tiruppur (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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