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    Bajaj Finance Offers Instant Personal Loans with Quick and Easy Approval Process
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February 16, 2026
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Deposit-taking NBFC registration enables instant digital personal loans with streamlined KYC, quick disbursal, and flexible repayment options.
Bajaj Finance offers an instant digital personal loan delivered via a personal loan app that uses analytics and electronic verification to provide quick eligibility decisions, minimal documentation, OTP mobile verification, online KYC completion, and rapid electronic disbursal to the customer's registered bank account, with flexible tenures, repayment management tools, and features designed to meet diverse consumer financing needs.
February 16, 2026
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Trade balance worsens as imports outpace exports, prompting elevated trade deficit and revised export projections for the fiscal year.
Merchandise exports rose 0.61% to USD 36.56 billion in January while imports grew 19.2% to USD 71.24 billion, producing a January trade deficit of USD 34.68 billion; April-January exports increased 2.22% to USD 366.63 billion. The Commerce Secretary stated exports in goods and services remain on an upward trend and projected combined fiscal year exports of goods and services are likely to exceed USD 860 billion.
February 16, 2026
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Incentive Scheme for digital payments increased UPI adoption and expanded payment infrastructure, recommending targeted measures for RuPay uptake.
The report assesses the design, implementation and socio-economic effects of the Incentive Scheme for promotion of RuPay debit cards and low-value BHIM-UPI P2M transactions, noting that structured budgetary support reduced cost barriers, accelerated merchant onboarding, expanded acceptance infrastructure and strengthened the payments ecosystem. Based on primary and secondary research, it finds marked increases in UPI adoption, merchant QR deployment and bank participation, increased user confidence and reduced cash reliance, and recommends targeted measures to deepen RuPay usage, rural penetration, connectivity, digital literacy and fraud mitigation.
February 16, 2026
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Market rebound as banking and power stocks lead recovery amid global rate-cut expectations and stable currency support.
Equity benchmarks rebounded nearly one percent led by renewed buying in banking and power stocks, reversing a recent decline as large-cap financials and utilities outperformed. The rally was supported by expectations of sustained power demand, improving loan growth and stable bank asset quality. Macro cues-falling US long-term yields, a stable rupee and steady crude oil-added support, while foreign institutional investors were net sellers and domestic institutional investors were net buyers.
February 16, 2026
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Inflation trends show rising wholesale prices, prompting continued RBI focus on retail inflation for monetary policy.
Wholesale price inflation rose to 1.81% in January due to increases in food articles, non-food articles, textiles and manufacturing subgroups, while fuel and power remained in deflation. Manufactured products and non-food articles recorded higher inflation compared with the prior month. The Reserve Bank of India continues to emphasise retail inflation as the primary indicator for benchmark interest-rate decisions, having reduced policy rates earlier in the fiscal year and subsequently retained key rates.
February 16, 2026
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Trade mission to India leverages the UK India Free Trade Agreement to boost West Midlands investment, exports and academic ties.
A West Midlands mayoral trade mission to Ahmedabad, Mumbai and Bengaluru (23-27 February 2026) aims to operationalise the UK India Free Trade Agreement by promoting exports, attracting inward investment to the West Midlands Investment Zone, and deepening academic and cultural ties. Led by regional political, business and university figures and coordinated by the West Midlands Growth Company with Indian partners, the programme features sectoral roundtables and events on the Commonwealth legacy, visitor economy, technology, urban transformation, and AI skilling to foster commercial, research and skills partnerships between West Midlands entities and Indian corporations and institutions.
February 16, 2026
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Highway upgradation provides an alternate freight corridor, reducing urban congestion and enhancing regional connectivity and employment.
Approval is granted for rehabilitation and upgradation of the Ghoti-Trimbak-Jawhar-Manor-Palghar section of NH-160A in Maharashtra on Engineering, Procurement and Construction (EPC) mode, covering 154.635 km with a Total Capital Cost of Rs.3320.38 crore. The project provides 2-lane or 4-lane configurations with paved shoulders according to traffic projections to relieve congestion, integrate with expressways and highways, connect multiple economic and logistics nodes under PM GatiShakti, and generate substantial direct and indirect employment.
February 16, 2026
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Four-lane upgradation of NH-56 sections approved to improve regional connectivity and reduce travel time substantially.
Cabinet approval authorises upgradation of two NH-56 sections in Gujarat to four-lane standard under the HAM Mode, totaling 107.67 km at a Total Capital Cost of Rs.4583.64 crore. Designed for 100 km/h (70 km/h average), the works aim to cut travel time by about 40%. The alignment passes through aspirational and tribal districts, enhances access to the Statue of Unity, links to major highways and the Delhi-Mumbai Expressway, began partial construction in November 2025 with a two-year completion target, and is projected to generate significant direct and indirect employment.
February 16, 2026
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Highway widening approval advances NH 167 to four lanes under Hybrid Annuity Mode, enhancing regional connectivity and employment.
The Cabinet approved widening NH 167 from Gudebellur to Mahabubnagar to a four lane access controlled standard over 80.01 km on Hybrid Annuity Mode (HAM) under the NH (O) scheme, covering bypasses, realignments and utility shifting. The alignment connects with NH 150 and NH 167N and links multiple economic, social and logistic nodes, aiming to reduce congestion and travel time, enhance freight efficiency and multimodal integration, and generate substantial direct and indirect construction period employment.
February 16, 2026
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Project approval for underwater road rail tunnel enabling 4 lane greenfield connectivity between Gohpur and Numaligarh under EPC.
Cabinet approved a 33.7 km 4 lane access controlled greenfield corridor between Gohpur (NH 15) and Numaligarh (NH 715) including a 15.79 km twin tube TBM underwater Road cum Rail tunnel with rail provision in one tube, implemented on an EPC basis. The scope covers civil works, land acquisition, short road and rail cut and cover sections, and integration with existing highways and railway sections to deliver multimodal connectivity to airports, inland waterways, railway stations and economic, social and tourist nodes, with estimated traffic and employment implications.
February 16, 2026
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Currency depreciation driven by FII outflows and a stronger dollar, pressured further by declining forex reserves.
The rupee weakened to 90.67 against the US dollar amid FII outflows and a stronger dollar, with rising crude prices and a notable weekly decline in forex reserves cited as contributing factors; market commentary noted narrow intraday trading and flagged impending trade balance data as potentially influential.
February 16, 2026
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Rail network expansion approved to add multitrack capacity, boost freight movement and reduce emissions while improving regional connectivity.
Cabinet approved three multitracking projects (Kasara-Manmad, Delhi-Ambala, Ballari-Hosapete) under PM Gati Shakti to add third and fourth lines across 12 districts, increasing the rail network by about 389 km at an estimated combined cost of Rs 18,509 crore through 2030-31. The works are projected to generate about 265 lakh human days of construction employment, augment freight capacity by 96 MTPA, improve connectivity to roughly 3,902 villages (population ~97 lakh), reduce logistics costs and oil imports, and lower CO2 emissions for more sustainable rail operations.
February 16, 2026
Show AI Summary
Venture capital mobilisation for startups to prioritise deep tech, early growth support, and regional investment across the country.
The Startup India Fund of Funds 2.0 establishes a government-backed corpus to mobilize long-term domestic venture capital, strengthen the domestic venture capital base by supporting smaller funds and AIFs, and address capital gaps. The Scheme prioritises deep tech and tech-driven innovative manufacturing, supports early-growth stage founders to reduce funding shortfalls, and promotes national reach to crowd in private investment beyond major metropolitan centres.
February 16, 2026
Show AI Summary
Credit to G.D.P. ratio reform to expand financing and make financial institutions more agile for national development.
The Department of Financial Services convened a policy shivir to solicit strategic reforms to align banking and financial services with Viksit Bharat@2047, focusing on enhancing the Credit to G.D.P. ratio, increasing agility of public financial institutions, deploying new large scale financing mechanisms, deepening the bond market, reducing intermediation costs, strengthening banks' role in MSME financing, and promoting insurance and pension product innovation alongside financial inclusion and cyber security to build a more resilient financial system.
February 15, 2026
Show AI Summary
Tax accountability: Allegations of fundraising and money laundering prompt calls to apply law and constitutional obligations to unregistered organisations.
Allegations focus on tax accountability and potential money laundering by an unregistered organisation receiving funds via a broad domestic and international network; the commentator demands that law and the Constitution apply equally, questions the source and treatment of donations described as "guru dakshina," and urges registration, disclosure and tax compliance along with scrutiny of cross border fundraising.
February 15, 2026
Show AI Summary
Customs enforcement underscores trade facilitation, regulatory compliance and protection of taxpayers' rights amid vigilance-driven awards and recognition.
Customs enforcement in Kerala was emphasised as combining trade facilitation with statutory compliance, transparency, and protection of taxpayers' rights, with priorities including anti-smuggling vigilance, modernisation, export promotion, and international cooperation to support lawful cross-border trade.
February 15, 2026
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Trade deal transparency: interim agreement may expose agricultural sovereignty and pressure policy on imports, GM crops, and procurement.
The India-US interim trade deal is criticised for risks to agricultural sovereignty through import liberalisation of DDGs and potential GM soy oil, which may increase feed dependence and expose soy and pulse producers to price shocks; concerns also target non-trade barrier concessions and quota-based duty relief as mechanisms that could pressure relaxation of GM regulations, procurement policies, and MSPs, while alleged tariff asymmetries may harm cotton farmers and the textile export sector.
February 15, 2026
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Trade agreements and Budget incentives seek to expand market access and compel private investment in innovation and capacity.
The policy framework relies on expanded free trade agreements to improve exporters' access and on a Budget focused on productive capital outlays and incentives to strengthen manufacturing, value addition, skills and scale. The state provides tariff preferences and fiscal incentives, while explicit expectations are placed on the private sector to invest aggressively in R&D, frontier technologies, supply-chain capabilities and productivity. Equitable sharing of productivity gains-through rising real wages, skill upgrading and stable employment-is presented as essential to sustain domestic demand and long-term investment. Budget incentives for digital infrastructure and data centres aim to position the country as a global hub for AI and data.
February 15, 2026
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Minimum sustainable price mechanism sought to align tea production costs with prices; calls for subsidies, tariff relief, import monitoring.
Planters seek a minimum sustainable price mechanism to align production costs and price realisation, expedited release of pending Tea Board subsidies, interest subvention on working capital loans, and access to agricultural schemes. They also request lower power tariffs and implementation of West Bengal solar provisions, financial incentives for specialty production and machinery upgrades, and stricter monitoring of cheap imports and mislabelling to protect quality and export credibility.
February 15, 2026
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Unique land parcel identifier to standardize property records and reduce boundary disputes through georeferenced mapping.
The Delhi government is assigning a Unique Land Parcel Identification Number (ULPIN or Bhu Aadhaar) to each land parcel using drone surveys and high resolution geospatial imaging to produce geo referenced identifiers for accurate parcel delineation. The revenue department's IT branch, supported by the Survey of India, will implement the system in phased rollouts under a standard operating procedure to centralise land records, enhance transparency, prevent fraudulent transactions and simplify citizen access to property information.

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Customs & Trade

No change in trade deal with India; it is on: Trump after SC verdict

February 21, 2026

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New York/Washington, Feb 20 (PTI) In the wake of the US Supreme Court’s decision on tariffs, President Donald Trump said there is no change in the trade deal with India and emphasised that the “India deal is on". “I think my relationship with India is fantastic and we're doing trade with India. India pulled out of Russia. India was getting its oil from Russia. And they pulled way back at my request, because we want to settle that horrible war where 25,000 people are dying every month,” Trump said at a news conference Friday in the White House hours after the US Supreme Court verdict striking down his sweeping tariffs.

He said his relationship with Prime Minister Narendra Modi “is, I would say, great.” Trump then went on to repeat the claim that he stopped the war between India and Pakistan last summer using tariffs.

“I also stopped the war between India and Pakistan. As you know, there were 10 planes were shot down. That war was going and probably going nuclear. And just yesterday, the Prime Minister of Pakistan said President Trump saved 35 million lives by getting them to stop,” Trump said.

“And I did it largely with tariffs. I said, ‘Look, you're going to fight, that's fine, but you're not going to do business with the United States, and you're going to pay a 200 per cent tariff, each country’. And they called up and they said, ‘we have made peace’,” Trump said.

Earlier this month, as the US and India announced they reached a framework for an Interim Agreement on trade, Trump issued an Executive Order removing the 25 per cent punitive tariffs imposed on India for its purchases of Russian oil, with the US President noting the “commitment” by New Delhi to stop directly or indirectly importing energy from Moscow and purchase American energy products.

Under the trade deal, Washington will charge a reduced reciprocal tariff on New Delhi, lowering it from 25 per cent to 18 per cent.

When asked about the deal with India, Trump said “nothing changes”.

“Nothing changes. They'll be paying tariffs, and we will not be paying tariffs. So deal with India is they pay tariffs. This is a reversal for what it used to be, as you know, India and I think Prime Minister Modi is a great gentleman, a great man, actually, but he was much smarter than the people that he was against in terms of the United States, he was ripping us off. So we made a deal with India. It's a fair deal now, and we are not paying tariffs to them, and they are paying tariffs. We did a little flip,” Trump said.

“The India deal is on…all the deals are on, we're just going to do it” in a different way.

Earlier, Trump said he used tariffs to end the war between India and Pakistan, as he lashed out at the Supreme Court for its decision to strike down his sweeping tariffs imposed on countries around the world.

“Tariffs have likewise been used to end five of the eight wars that I settled. I settled eight wars, whether you like it or not, including India, Pakistan, big ones, nuclear, could have been nuclear,” Trump said during a news conference Friday just hours after the Supreme Court verdict.

“Prime Minister of Pakistan said yesterday at the great meeting that we had the peace board. He said yesterday that President Trump could have saved 35 million lives by getting us to stop fighting. They were getting ready to do some bad things. But they've given us great national security, these tariffs have,” he said. PTI YAS MNK MNK

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