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    Attention : Update on Advisory on Interest Collection and Related Enhancements in GSTR-3B
    Indian-origin lettings boss who wanted to run for London Mayor guilty of fraud
    Trump pushes trade, defence ties with B'desh as he congratulates new PM Rahman
    J&K govt initiates liquidation of SCARD bank, assures protection of depositors’ interests: Dar
    Access pass for fishing in country's EEZ to be launched in Gujarat's Veraval
    Gujarat's debt rises to Rs 3.99 lakh cr in 2024-25 as per revised estimates: Desai in assembly
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    AccessifyLabs Appoints Abin Roy Choudhury as Chief Executive Officer to Accelerate Global Expansion and Enterprise Accessibility Leadership
    Proposed India-US trade deal compromises India’s sovereignty, farmers' interests: Sachin Pilot
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    rivexa Ignites a New Era of Global Exports
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    In a largest operation of its kind by any agency in Madhya Pradesh, officers of Central Bureau of Narcotics (CBN) seize 43.820 kg high-quality MD/Meth...
    KIAASA Retail Limited's Initial Public Offering to open on Monday, February 23, 2026, price band set at Rs 121 – Rs 127 per Equity Share
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February 20, 2026
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Interest computation in GSTR-3B updated; portal auto-populates minimum interest and permits CGST/SGST ITC for IGST liabilities.
From January-2026 the portal revises interest computation in GSTR-3B table 5.1 to deduct the minimum cash balance in the Electronic Cash Ledger from net tax liability for interest calculation; the computed interest is auto-populated as a non-editable minimum and taxpayers must self-assess upward if necessary. The portal will auto-populate the Tax Liability Breakup from GSTR-1/GSTR-1A/IFF document dates for prior-period supplies discharged in the current period, and once IGST ITC is exhausted allows use of CGST and SGST ITC in any sequence in Table 6.1. Interest on late final returns for cancelled taxpayers will be collected via GSTR-10.
February 19, 2026
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Fraud in anticipation of winding-up: director diverted company funds after loss of control, now facing criminal and confiscation proceedings.
A director was convicted of fraud in anticipation of winding-up after transferring the company's bank funds to his personal account following appointment of a Law of Property Act receiver and the transfer of the company's assets and sole share to that Receiver. The jury rejected his claimed belief in entitlement to the funds. The Insolvency Service is pursuing confiscation under proceeds legislation, and the director remains disqualified with an indefinite suspension of bankruptcy discharge for noncooperation with the Official Receiver.
February 19, 2026
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Trade agreement obligations require tariff cuts, import and defence commitments, triggering transparency and sovereignty concerns.
The bilateral package imposes binding commercial and defence commitments requiring tariff reductions, duty-free access for specified exports, mandated imports of US agricultural and energy commodities, and increased purchases of US military hardware while limiting procurement from certain other countries. The deals were negotiated under a Non-Disclosure Agreement, and commentators question whether an unelected interim government had authority to conclude secretive, long-term obligations without parliamentary oversight, raising transparency, fiscal stability, and sovereignty concerns.
February 19, 2026
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Liquidation of cooperative bank initiated; depositors' claims to be settled under statutory priority after KYC verification and phased settlement.
Liquidation proceedings for SCARD Bank Ltd have been initiated under the Cooperative Societies Act due to accumulated losses, weak governance, poor loan recovery and liquidity pressures; the bank is not registered under the Banking Regulation Act and thus lies outside RBI purview. A comprehensive KYC verification of claims is complete and, following a winding-up order and appointment of liquidators, duly verified depositor claims will be settled in phased manner strictly pursuant to statutory provisions and the prescribed order of priority. Deposit insurance and credit guarantee mechanisms do not apply; the government has compiled depositor liability projections and may consider budgetary provisioning.
February 19, 2026
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EEZ access pass allows regulated offshore fishing with traceability and sustainability safeguards to support seafood export competitiveness.
An access pass framework regulates organised fishing in India's Exclusive Economic Zone, establishing entry conditions, monitoring, compliance, and traceability standards under the Sustainable Harnessing of Fisheries in the EEZ Rules, 2025, to enable responsible offshore harvesting, empower fishing communities and support seafood export competitiveness.
February 19, 2026
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Public debt increase signals higher state debt servicing obligations under revised estimates and disclosed budget figures.
Gujarat's revised estimates for 2024-25 show total public debt rising from Rs 3,52,718 crore in 2023-24 to Rs 3,99,633 crore, with interest payments and principal repayments disclosed as Rs 24,964 crore and Rs 26,136 crore for 2023-24, and Rs 25,945 crore and Rs 29,086 crore respectively for 2024-25; these figures were tabled in the state assembly alongside the 2026-27 Budget presentation.
February 19, 2026
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Tariffs on imports reshape trade incentives and pricing, prompting import timing and affecting customs revenues and consumer prices.
Presidentially imposed tariffs function as a tax on US importers often passed to consumers, shift commercial incentives by prompting import timing to avoid higher duties, and can be used to protect domestic industry and raise Treasury revenue; these effects influence trade flows, customs liabilities, and have produced only a muted aggregate inflationary impact while contributing to observed annual changes in the goods-and-services trade gap.
February 19, 2026
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Industry-specific AI chips drive Tata's semiconductor and AI infrastructure expansion through strategic partnerships and vertical solutions.
Tata Group is pursuing industry-specific AI chips and an industrial AI operating system while expanding semiconductor fabrication and packaging capacity, data centre AI hosting, and strategic partnerships to enable vertical AI solutions, with initial chip efforts focused on automotive applications.
February 19, 2026
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Digital accessibility compliance elevated to enterprise governance, integrating audits, remediation, documentation and continuous monitoring.
Digital accessibility is framed as an enterprise compliance and governance requirement to be embedded in procurement, engineering and risk management frameworks, aligned to standards such as WCAG 2.2, ADA, and Section 508. The firm proposes a combined advisory and technology approach - expert audits, VPAT/ACR documentation, remediation advisory, automation, developer enablement, and continuous monitoring - to convert regulatory obligations into operational discipline, procurement readiness, and managed accessibility risk across regulated sectors.
February 19, 2026
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Sovereignty concerns over trade pact: alleged compromise of farmers, regulatory protections and energy procurement autonomy.
The proposed India-US framework is alleged to compromise sovereignty and economic self reliance by opening India's agricultural market to zero duty US farm and food products, permitting duty free imports of specified processed grains, oils and cotton that threaten domestic producers, and by requiring removal of non tariff barriers which could erode subsidies, regulatory protections and seed biodiversity; it is also said to constrain energy security by limiting procurement autonomy and imposing large bilateral purchase commitments.
February 19, 2026
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Equity investment creates a minority ownership stake and strategic partnership, with regulatory and privacy forward looking disclosures.
Cristiano Ronaldo acquired a 10% equity interest in HBL Pro2col Software, LLC, accompanying an investment and a commitment of services and sponsorship rights to support Herbalife's Pro2col personalized health platform; Herbalife has begun a phased beta rollout and frames the initiative within forward looking statements that identify regulatory, data protection, AI governance, FTC consent order compliance, international operating, tax, intellectual property, cybersecurity and other business risks.
February 19, 2026
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Cross-border trade facilitation: rivexa advances digital export pathways and sustainability for Indian MSME global market access.
rivexa hosted rivOlution 2026 to advance digital facilitation of cross-border trade and broaden MSME market access by offering an integrated export platform-supplier discovery, quality assurance, production monitoring, and payment/finance solutions-to enhance visibility, credibility, and execution across export supply chains while promoting sustainability and ESG-aligned compliance.
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.

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February 21, 2026

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New Delhi, Feb 21 (PTI) Following are the top stories at 1 pm: NATION DEL6 CONG-US-LD TRADE DEAL (11.56 AM)

Congress claims US trade deal has become an 'ordeal', Rahul says 'PM compromised' New Delhi: After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed.

BOM8 MH-COURT-LD RAHUL (12.09 PM)

RSS defamation case: Rahul Gandhi appears in Bhiwandi court; names Sapkal as new guarantor Thane: Congress leader Rahul Gandhi on Saturday appeared before the Bhiwandi magistrate's court to furnish a fresh surety in a 2014 defamation case filed by an RSS activist, naming the party's Maharashtra chief Harshwardhan Sapkal as his new guarantor.

CAL4 WB-LANGUAGE-POLITICS (10.32 AM)

Mother Language Day irony: Bengal’s political discourse hits new low ahead of 2026 polls Kolkata: Bengal’s sharp political wit is increasingly giving way to personal attacks, crude exchanges and combative rhetoric, with observers warning that the language of politics has hit an all-time low ahead of the 2026 assembly elections, overshadowing policy debates with bitter trading of barbs. By Pradipta Tapadar

DEL4 DL-TERROR-THREAT (11.13 AM)

Terror threat: Security heightened near key religious, heritage sites in Delhi New Delhi: Security was tightened across key religious and heritage sites in Delhi on Saturday, including in areas around the Red Fort and parts of Chandni Chowk, following intelligence inputs suggesting a possible terror threat, an official said.

DES9 JK-IED-DETECTED (11.54 AM)

Security forces detect IED placed on roadside in Kashmir's Ganderbal district Srinagar: Security forces on Saturday detected an Improvised Explosive Device (IED) in Jammu and Kashmir's Ganderbal district, officials said.

DES14 JK-CRPF-LD ACCIDENT (12.40 PM)

9 CRPF personnel injured as vehicle falls into river in Srinagar Srinagar: Nine CRPF personnel were injured after their vehicle fell into a river here on Saturday, officials said.

MDS5 KA-ACCIDENT (10.25 AM)

Four killed as tractor falls into ditch in Karnataka's Bagalkote Bagalkote (Karnataka): Four persons, including a two-year-old child, travelling in a tractor were killed as the vehicle fell into a ditch in this district in the wee hours of Saturday, police said.

LEGAL LGD3 AI-LEGAL-EXPERTS (12.50 PM)

AI in legal sector needs ethical guardrails, strong data protection: Experts New Delhi: The growing integration of artificial intelligence (AI) in the legal sector has brought with it significant opportunities as well as broader ethical and regulatory challenges, legal experts said. By Manish Raj

LGD1 UP-HC-NAMAZ STUDENTS (8.50 AM)

Allahabad HC quashes case against 2 students booked for reading namaz at restricted site Prayagraj: The Allahabad High Court has quashed criminal proceedings against two students accused of offering namaz at a place barred by the local administration.

BUSINESS DEL5 BIZ-INDIA-US-TARIFFS-EXPORTERS (10.34 AM)

Indian goods face only 10 pc reciprocal levy in US after court ruling, new order: Exporters New Delhi: With the US Supreme Court striking down President Donald Trump's global tariffs and Washington issuing a new order imposing a temporary 10 per cent import surcharge, Indian goods will now face only a 10 per cent reciprocal levy from February 24, trade experts and exporters said on Saturday.

DEL7 BIZ-INDIA-US-TARIFF-EXPLAINER (12.51 PM)

India-US tariffs after Supreme Court verdict: An explainer New Delhi: India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

FOREIGN FGN10 TRUMP-INDIA-LD DEAL (7.32 AM)

Nothing changes, India will be paying tariffs; we will not be paying tariffs: Trump after SC ruling New York/Washington: US President Donald Trump said “nothing changes” in the trade deal with India in the wake of the Supreme Court verdict against his sweeping tariffs, as he responded to the ruling by announcing an additional 10 per cent global levies on items imported into the US. By Yoshita Singh

FGN12 US-INDIA-TARIFF (10.26 AM)

India faces lower tariff rate of 10% as Trump issues proclamation on new levies New York/Washington: India now faces a lower tariff rate of 10 per cent, down from 18 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping tariffs. By Yoshita Singh

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