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    imm india 2026 Positions India's Furniture & Interiors Industry for Global Leadership
    Asian shares gain as most regional markets stay closed for Lunar New Year holidays
    Cong cites OCCRP report to allege use of benami funds to amass large stakes in Adani Group
    AU Small Finance Bank Enhances Digital Savings Account Experience for Smarter Everyday Banking
    Tenth meeting of Monitoring Committee on Business Correspondents takes place under the chairmanship of Secretary, DFS
    BJP govt's budget is shaped by public suggestions: Haryana CM Saini
    I say as agriculture minister, trade deal with US won't cause losses to India's farmers: Shivraj
    Delhi court rejects ex-Jaypee Infratech MD's bail plea in money-laundering case
    Aakash undertakes in SC to secure 25.7 pc Byju's shares in rights dispute
    RBI releases draft Directions on Reporting Instructions for Authorised Dealer Category – I Banks
    Glottis Logistics Aligns Expansion with Budget's Infrastructure Push
    RBI releases draft Directions on Foreign Exchange Dealings of Authorised Persons
    Secretary, DFS inaugurates facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries
    India intensifying engagement with global partners from position of strength: Jaishankar
    Axis Max Life Reports 20% YoY Growth in Individual Adjusted First Year Premium in 9M FY'26; VNB Increases by 30% YoY
    Tina Ambani skips ED summons for second time
    J&K records Rs 24,080.79 cr GST collection in three years, gets Rs 15,795.13 cr IGST share: CM
    The cumulative exports (merchandise & services) during April-January 2025-26 is estimated at US$ 720.76 Billion, as compared to US$ 679.02 Billion in ...
    Assam govt tables Rs 62,294.78 cr interim budget for FY'27
    Finance Minister tables Interim Budget, alleges Centre attempts creating 'fiscal crisis' for TN
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February 18, 2026
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Tariff elimination boosts India's export competitiveness, enhancing global sourcing and buyer engagement through imm india's trade platform.
Trade-policy shifts, notably the EU-India Free Trade Agreement, have eliminated or substantially reduced import duties on several Indian furniture categories, lowering average tariffs and simplifying customs procedures. imm india 2026 is structured as a B2B trade platform-featuring a Hosted Buyer Programme, The Sourcing Hub, curated showcases, and industry alliances-to enable direct sourcing, streamline buyer-seller engagement, and translate tariff and customs liberalisation into expanded export market access for Indian manufacturers.
February 18, 2026
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Trade tariffs reshape investment flows as US-Japan deal ties increased export levies to large bilateral investment commitments.
A bilateral trade arrangement between Japan and the United States is reported to include a substantial Japanese investment pledge in the US and an associated increase in export tariffs on Japanese goods, while a Japanese subsidiary's participation in a major US natural gas facility links cross border investment commitments to energy project involvement, framing market movements alongside investor concerns about overinvestment in AI infrastructure and resultant volatility.
February 18, 2026
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Benami funds allegations prompt call for parliamentary probe amid claimed regulatory inaction and governance failures.
Allegations assert the use of benami funds by close associates to amass significant stakes in a corporate conglomerate through intermediaries and trading firms, accompanied by claims of over-invoicing, cross-border transfers, and an alleged bribery scheme to secure contracts; these claims form the basis for demands for a parliamentary inquiry into corporate ownership concealment and associated governance failures amid perceived regulatory and enforcement inaction.
February 18, 2026
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Digital savings account transparency improves customer decision-making through instant account opening, UPI integration and built in interest tools.
AU Small Finance Bank's enhanced digital savings account focuses on instant digital account opening, UPI integration, 24x7 mobile banking, contactless debit card capabilities, and an integrated savings account interest rate calculator that provides transparent interest rate visibility to help customers evaluate returns, plan finances, and maintain liquidity while supporting financial inclusion.
February 18, 2026
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Business correspondent operationalisation advances as banks urged to scale services and complete digital monitoring and geotagging.
Monitoring Committee reviewed operational and governance aspects of the Business Correspondent model, noting implementation of a Business Correspondent Registry that identifies duplicate BCs and captures service and performance records; member banks completed geotagging of BC points and are using digital monitoring tools. The Committee advised banks to scale up and expand services at BC outlets, and discussed commission structures in remote areas, grievance resolution for BC organisations, and coordination to strengthen performance monitoring and financial inclusion.
February 17, 2026
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People's budget shaped by public suggestions to advance development priorities while maintaining fiscal discipline in state finances.
The upcoming state budget is characterized as a people's budget shaped by public suggestions, with over twelve thousand submissions and several thousand to be incorporated. It follows prior budget commitments-248 announcements with seventy-seven implemented and most others near completion-and is presented against strengthened fiscal metrics: rising GDP and per capita income, increased own revenue, broad departmental expenditure, fiscal deficit within FRBM limits, and a higher central tax share under the 16th Finance Commission. Socio economic gains cited include employment growth, expanded higher education, MSME formalisation, and export increases.
February 17, 2026
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Trade deal protections for farmers: government assures imports will be allowed only where farmer interests are safeguarded.
The minister stated the interim India-US trade agreement includes safeguards to prevent harm to farmers while allowing necessary imports to address domestic shortages; he defended policy choices on MSP orientation, procurement and buffer stocks as central to protecting farmer interests, and announced Bharat-VISTAAR, an AI-based platform to deliver market prices, crop advice, weather updates and scheme information to enhance farmer welfare and transparency.
February 17, 2026
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PMLA bail conditions prevent release where alleged large-scale fund diversion, multiple FIRs and risk of evidence tampering exist.
Denial of regular bail under the Prevention of Money Laundering Act followed allegations that the accused diverted homebuyer funds, leaving major construction incomplete; investigative records and account certifications showed a large shortfall between amounts collected and expenditure, and the accused was named in multiple FIRs and charge-sheets. The court found a strong possibility of reoffending or tampering with evidence if released and held that the PMLA twin bail conditions-opportunity for the prosecutor to oppose bail and judicial satisfaction of non-guilt and non-recidivism-were not satisfied.
February 17, 2026
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Secured shareholding: Byju's stake in Aakash to remain secured pending NCLAT disposal; TLPL allowed to subscribe.
Aakash undertook in the Supreme Court that Byju's shareholding in Aakash shall remain secured until disposal of the interlocutory application before the NCLAT; the Court recorded that undertaking and gave Byju's parent a limited period to subscribe to the second tranche of the rights issue. The dispute arises from TLPL's challenge to the rights issue amid TLPL's insolvency proceedings, and the NCLAT has permitted TLPL to apply for shares up to its original entitlement while restraining Aakash from taking matters requiring a special resolution until the dispute is adjudicated.
February 17, 2026
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Reporting requirement for local-currency foreign exchange derivatives now covers related-party global transactions; stakeholders invited to comment.
The Reserve Bank proposes draft Directions requiring Authorised Dealer Category - I banks to report foreign exchange derivative transactions involving the Indian currency undertaken by their related parties globally, extending trade repository coverage to offshore rupee derivative flows to enhance market transparency and pricing. The measure builds on earlier requirements for market-makers, primary dealers, and banks to report OTC and rupee interest-rate derivatives, and is published for stakeholder consultation with specified submission procedures.
February 17, 2026
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Customs digitisation shortens clearance times, enabling asset-backed logistics expansion aligned with infrastructure-focused trade reforms.
Union Budget emphasis on multimodal freight connectivity and customs modernisation is expected to reduce structural logistics costs and improve transit predictability. Glottis Logistics will invest in trailers and container assets to increase owned capacity, reduce third-party dependence and strengthen execution across trade corridors. Concurrent customs digitisation measures-electronic cargo sealing, non-intrusive inspections and extended duty deferment for authorised operators-aim to shorten clearance times and ease working capital pressures, making asset-backed operators with disciplined capital allocation better positioned to capture long-term trade competitiveness gains.
February 17, 2026
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Draft directions on foreign exchange dealings invite public comment to broaden authorised dealers' flexibility in products, risk management and platforms.
The Reserve Bank has issued draft Directions on Foreign Exchange Dealings of Authorised Persons and invited stakeholder comments. The draft seeks to refine regulation by expanding facilities and operational flexibility available to authorised dealers, focusing on foreign exchange products, risk management and trading platforms. It forms part of regulatory updates announced in the recent Statement on Developmental and Regulatory Policies, and specifies submission channels for public feedback.
February 17, 2026
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Health insurance co-payment options enhance CGHS beneficiary coverage with cashless hospitalization access and flexible network choices.
Paripoorna Mediclaim Ayush Bima is an optional indemnity-based in patient hospitalization policy exclusively for CGHS beneficiaries, coverable up to six members per policy. The product offers selectable co-payment sharing ratios between insurer and subscriber, cashless treatment through insurer and Third Party Administrator networks, and is promoted as a retail complement to existing CGHS benefits with a GST exemption to improve affordability.
February 17, 2026
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Economic security tied to self-reliance and trusted partners as trade deals reshape export controls and supply chains.
India is intensifying engagement from a position of strength, using recent trade agreements to strengthen economic security through self reliance, trusted partners, supply chain diversification and de risking in response to weaponised production, tightened export controls, market leverage and tariff induced demand uncertainty.
February 17, 2026
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Financial performance: Axis Max Life posts strong premium and profitability growth, boosting market share and new business margins.
Axis Max Life's 9M FY26 results show 20% YoY growth in Individual Adjusted First Year Premium to Rs. 6,396 crores and a 30% YoY increase in Value of New Business to Rs. 1,633 crores, with New Business Margin at 23.6% and private market share rising by 53 basis points to 9.8%; renewal premium, gross written premium, Embedded Value and Assets Under Management also registered double digit growth, while the release includes a standard disclaimer on forward looking statements and investment reliance.
February 17, 2026
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Money laundering probe: Tina Ambani skips ED summons; investigation targets alleged fraudulent foreign remittance and property sale.
Tina Ambani failed to appear for a second ED summons in a PMLA investigation concerning an alleged money trail tied to a Manhattan condominium purchase; she has been issued a fresh notice and will be questioned with her statement recorded under the Prevention of Money Laundering Act. The ED alleges a fraudulent sale of the New York property during a corporate insolvency process and that sale proceeds were remitted via a sham investment arrangement through a Dubai-based entity without the Resolution Professional's knowledge. The agency has arrested a former executive, formed a Special Investigation Team, attached assets, and filed multiple Enforcement Case Information Reports against group companies.
February 17, 2026
Show AI Summary
Goods and Services Tax expansion lifted revenues and IGST settlements, backed by tech-driven compliance and targeted small-taxpayer measures.
GST receipts in the Union Territory rose steadily over three years, with concurrent IGST settlements from the Centre reflecting the destination-based tax design. The unified Goods and Services Tax (GST) regime and technology-enabled compliance (online registration, return filing, refunds, e-way bills) strengthened tax administration and widened the tax base. Administrative measures-Composition Scheme, quarterly returns, QRMP and district Suvidha Kendras-aim to ease compliance for small taxpayers, while sector-specific rate rationalisation and concessional inputs support handicrafts, horticulture and tourism. Remaining issues for small and unorganised producers include compliance burdens and IGST refund delays, which authorities are addressing through simplification and support.
February 17, 2026
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Exports growth drives trade expansion with larger services surplus despite a widening merchandise trade deficit in estimates.
India's combined merchandise and services exports for April-January 2025-26 are estimated at US$ 720.76 billion, up year on year, while combined imports are estimated at US$ 823.41 billion, producing a wider trade deficit; merchandise exports were US$ 366.63 billion and non petroleum exports US$ 320.94 billion, with services exports driving a services surplus of US$ 180.58 billion for the period.
February 17, 2026
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Vote on account authorizes provisional state expenditures to maintain services pending a full election year budget.
An interim state budget was presented seeking a vote on account to authorize provisional expenditures for the initial months of the 2026-27 financial year, enabling continuity of government services pending a full budget. The finance minister framed the vote on account alongside reported strong GDP expansion and rising per capita income to contextualize fiscal planning in the election year.
February 17, 2026
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Fiscal consolidation emphasized as interim budget pledges targeted social and transport allocations while alleging central fiscal bias.
Interim Budget 2026-27 allocates major sums to social security and transport-including a fare free bus travel scheme for women, student bus fares, diesel subsidy, and a Viability Gap Fund-while reporting a large revenue deficit and projecting a Fiscal Deficit targeted to reduce to three percent of GSDP. The estimates set out planned borrowings and repayments as part of debt management. The Minister alleged central actions have intensified Tamil Nadu's fiscal stress, criticised the 16th Finance Commission's recommendations, and urged central approval for pending metro projects.

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Customs & Trade

Cristiano Ronaldo Invests $7.5 Million in Herbalife's Pro2col™ Technology, Acquires 10% Equity Stake

February 19, 2026

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Long-time partner invests in shared vision for personalized health and wellness BENGALURU, India, Feb. 19, 2026 /PRNewswire/ -- Herbalife Ltd., a premier health and wellness company, community and platform, today announced global sports icon Cristiano Ronaldo acquired a 10% equity interest in HBL Pro2col Software, LLC, an indirect wholly-owned subsidiary of Herbalife that holds the Pro2col technology. Pro2col is Herbalife's next-generation, digital, personalized health and wellness operating system, designed to drive daily engagement, sustainable behavior change, and measurable outcomes through a structured, data-driven approach to wellness. Herbalife Logo Ronaldo invested $7.5 million, along with a commitment to provide services and sponsorship rights to Pro2col Software. The investment underscores Ronaldo's deep personal commitment to health and nutrition. It also reflects his confidence in the future of personalized nutrition and Herbalife's ambition to make data-driven, personalized wellness accessible to communities globally—combining innovative technology with the power of personal support through its distributor community. Herbalife has been Ronaldo's global nutrition partner since 2013, inspiring better nutrition and performance globally. Herbalife and Ronaldo collaborated on the launch of Herbalife24® CR7 Drive, a sports drink formulated to meet the nutrition and performance needs of the global soccer legend and benefit athletes of all levels across the globe. "Cristiano has been a valued partner for more than a decade, and his decision to take an ownership stake in Pro2col marks an important milestone in our relationship," said Herbalife Chief Executive Officer Stephan Gratziani. "His investment reflects a shared belief in the power of nutrition, data, AI, and personalized insights to drive better health outcomes, and reinforces his confidence in the future impact of Pro2col." Pro2col uses an individual's unique data to build a wellness plan specific to the individual, with daily habits and smart nutrition tracking. The platform adapts to the individual's lifestyle, making wellness feel simple and personal. At its core is Pro2Score, a proprietary wellness scoring system that tracks progress across key wellness metrics—designed to deliver clarity, motivation, and actionable insights to support healthier lifestyles. Pro2col also equips Herbalife's distributors with tools and insights that enhance customer engagement and support, making personalized nutrition and wellness more accessible and scalable. "After more than a decade together, our relationship is built on trust and shared ambition. Investing in Pro2col felt like a natural evolution — in addition to representing Herbalife, this is about helping shape and grow a platform that can truly change how people engage with their health and wellness," said Cristiano Ronaldo. "I've seen firsthand how Herbalife brings together science, innovation and personal support to make health and wellness more accessible. Working together with Herbalife to create something with lasting impact is what motivates me at this stage of my career." Pro2col supports Herbalife's long-term strategy to become a more connected, data-driven health and wellness platform—integrating products, community, AI and digital capabilities to better serve customers worldwide. Herbalife has initiated a strategic, phased beta rollout of Pro2col, with the objective of gathering in-market user insights that will support a broader commercial release in the future. Beta access is currently available to distributors and customers in the U.S., Canada and Puerto Rico. Herbalife expects to expand beta access to additional international markets, beginning with select EMEA markets in 2026. For more information, visit www.herbalife.com. About Herbalife Ltd. Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life. For more information, visit https://ir.herbalife.com. Forward-Looking Statements This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management, including for future operations, capital expenditures, or share repurchases; any statements concerning proposed new products, services, or developments; any statements regarding future economic conditions or performance; any statements of belief or expectation; and any statements of assumptions underlying any of the foregoing or other future events. Forward-looking statements may include, among others, the words "may," "will," "estimate," "intend," "continue," "believe," "expect," "anticipate" or any other similar words. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results or outcomes could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, many of which are beyond our control. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in or implied by our forward-looking statements include the following: • the potential impacts of current global economic conditions, including inflation, unfavorable foreign exchange rate fluctuations, and tariffs or retaliatory tariffs, on us; our Members, customers, and supply chain; and the world economy; • our ability to attract and retain Members; • our relationship with, and our ability to influence the actions of, our Members; • our noncompliance with, or improper action by our employees or Members in violation of, applicable U.S. and foreign laws, rules, and regulations; • adverse publicity associated with our Company or the direct-selling industry, including our ability to comfort the marketplace and regulators regarding our compliance with applicable laws; • changing consumer preferences and demands and evolving industry standards, including with respect to climate change, sustainability, and other environmental, social, and governance matters; • the competitive nature of our business and industry; • legal and regulatory matters, including regulatory actions concerning, or legal challenges to, our products or network marketing program and product liability claims; • the Consent Order entered into with the Federal Trade Commission, or FTC, the effects thereof and any failure to comply therewith; • risks associated with operating internationally and in China; • our ability to execute our growth and other strategic initiatives (such as restructuring efforts, increased market penetration in existing markets, and personalized product and related technology initiatives); • the effectiveness and acceptance of new technology-driven initiatives; • any material disruption to our business caused by natural disasters, other catastrophic events, acts of war or terrorism, including the wars in Ukraine and the Middle East, cybersecurity incidents, pandemics, and/or other acts by third parties; • our ability to adequately source ingredients, packaging materials, and other raw materials and manufacture and distribute our products; • our reliance on our information technology infrastructure, and our ability to successfully develop, deploy, and integrate artificial intelligence into our business; • noncompliance by us or our Members with any privacy, artificial intelligence and data protection laws, rules, or regulations or any security breach involving the misappropriation, loss, or other unauthorized use or disclosure of confidential information; • contractual limitations on our ability to expand or change our direct-selling business model; • the sufficiency of our trademarks and other intellectual property; • product concentration; • our reliance upon, or the loss or departure of any member of, our senior management team; • our ability to integrate and capitalize on acquisition transactions; • restrictions imposed by covenants in the agreements governing our indebtedness; • risks related to our convertible notes; • changes in, and uncertainties relating to, the application of transfer pricing, income tax, customs duties, value added taxes, and other tax laws, treaties, and regulations, or their interpretation; • our incorporation under the laws of the Cayman Islands; and • share price volatility related to, among other things, speculative trading and certain traders shorting our common shares. Additional factors and uncertainties that could cause actual results or outcomes to differ materially from our forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on February 18, 2026, including under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and in our Consolidated Financial Statements and the related Notes included therein. In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future. Forward-looking statements made in this release speak only as of the date hereof. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law. Logo: https://mma.prnewswire.com/media/2238437/5743899/Herbalife_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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