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    Gross and Net GST revenue collections for the month of Feb, 2026
    Govt discusses potential impact of West Asia crisis on trade; ensures all facilitation
    Rupee crashes 42 paise to settle at 91.50 against US dollar
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March 2, 2026
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GST revenue collections: gross receipts, refunds and net receipts reported, with state settlements and cess treatment noted.
Statement of February 2026 GST revenues detailing gross receipts by CGST, SGST and IGST (domestic and import), reported refunds (domestic and export/ICEGATE) and resulting net GST revenue split into net domestic and net customs receipts. It separately reports compensation and import cess inflows and refunds, noting compensation cess remains transitory until loan liabilities are discharged. State/UT pre- and post-settlement SGST distributions and Apr-Feb collection breakdowns by Central and State formations are included for inter-year comparison.
March 2, 2026
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Trade facilitation measures to mitigate West Asia crisis impact on exports, including customs coordination and logistical support.
The consultation assessed risks to EXIM cargo flows from West Asian hostilities and committed a facilitative, coordinated response focused on preserving trade continuity. Agreed measures include real-time monitoring of routing, capacity, surcharges and equipment availability; strengthened port/ICD facilitation to avoid congestion; targeted support for time-sensitive exports such as perishables and pharmaceuticals; procedural flexibility for export authorisations in genuine disruption; Customs coordination for smooth clearance; and engagement with financial and insurance institutions to protect exporter interests, with emphasis on MSMEs and essential imports.
March 2, 2026
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Exchange rate pressure intensified as geopolitical conflict, crude price spikes and capital outflows pushed the currency lower despite central bank support.
Severe exchange rate pressure drove the rupee sharply lower amid geopolitical conflict, FII outflows and rising crude prices, increasing India's import bill vulnerability; the Reserve Bank of India's visible market presence capped deeper intraday depreciation while analysts warned that geopolitical developments, crude trends, capital flows and key US data will determine near term exchange rate direction.
March 2, 2026
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Genetic upgrade initiative boosts local mutton and wool production via import of elite sheep and goat breeds.
Importation of Romanov and Finn sheep and Boer and Swiss Alpine goats aims to implement a genetic upgrade of Jammu and Kashmir's small ruminant population to improve growth rates, carcass yield, reproductive efficiency and overall flock productivity. Imported germplasm will be multiplied at government breeding farms and progeny distributed to farmers in phases, with farmer-level distribution starting in the third quarter of 2026-27, as part of Project 24 under the Holistic Agriculture Development Programme alongside complementary livestock and rural productivity measures.
March 2, 2026
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Oil supply disruption risk drives markets as geopolitical attacks push energy prices up and equities downward.
Attacks on Iran caused equity declines and sharp rises in oil and gold as traders priced in disruption to energy flows through the Strait of Hormuz; sustained interruptions to Iranian exports and regional shipping could tighten global supply, elevate fuel and production costs, affect major importers' sourcing strategies, and influence inflation dynamics and central bank rate decisions.
March 2, 2026
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Manufacturing activity growth driven by stronger domestic demand despite slower export orders, prompting higher input buying and hiring.
Manufacturing activity accelerated to a four-month high as stronger domestic demand supported faster output growth and higher new business intakes; firms increased input purchasing, inventories and hiring. New export orders continued to slow, somewhat constraining employment creation. Cost pressures remained moderate, and forward-looking sentiment was positive with many manufacturers expecting higher output over the year ahead.
March 2, 2026
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Compliance with IS-17900 drives local manufacturing of advanced lift control systems, reducing import dependence and strengthening supply chains.
A Phase 1 manufacturing facility invests in local production of advanced lift electronic control systems designed to comply with IS-17900, reduce import dependency, and enable component to finished product localisation. The plant will operate automated PCB and semi automatic panel lines to produce MR, MRL and Slim Panels, emphasise controlled environment quality, IoT features, and support supply chain resilience and national industrial policy objectives under the Make in India framework.
March 2, 2026
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Reservation policy implementation strengthened across public financial institutions to improve accessibility and uniform compliance measures.
Strengthening institutional capacity for uniform implementation of the Government of India's reservation policy across public financial institutions and enhancing accessibility for Persons with Disabilities were the primary objectives. The programme combined a Sugamya Bharat sensitisation session on accessibility standards and compliance requirements, a roundtable on legal provisions and practical challenges, exchange of best practices, and an interactive question-and-answer session to identify operational measures for inclusivity, accessibility and reservation policy compliance.
March 2, 2026
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Deferred Customs Duty payment enables qualified manufacturers to clear imports and pay duties monthly, subject to compliance and eligibility.
A Deferred Customs Duty payment facility allows Eligible Manufacturer Importers to clear imports without immediate duty payment and to pay applicable customs duties monthly under the Deferred Payment of Import Duty Rules, 2016, subject to prescribed Customs and GST compliance, turnover, financial standing and track record; existing AEO T1 entities meeting eligibility may participate and applications are to be submitted via the AEO portal.
March 2, 2026
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Energy supply disruption risks trigger global market selloff and safe-haven flows, lifting oil and gold while bond yields fall.
Global markets moved to risk-off after US and Israeli attacks on Iran: equities opened lower while gold and government bonds rallied and oil prices surged on fears that strikes and incidents in the Strait of Hormuz could restrict oil and LNG exports, raising the prospect of higher energy and production costs; higher-than-expected wholesale inflation readings were identified as a factor that may affect the central bank's timing for interest-rate cuts.
March 2, 2026
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Rupee depreciation driven by crude price surge, dollar strength and foreign fund outflows pressures local currency lower.
Rupee depreciation in early trade reflected external pressures-higher crude prices, a stronger US dollar, and escalated Middle East tensions-compounded by negative domestic equity sentiment and significant foreign institutional outflows. Market indicators included a firmer dollar index, rising Brent crude futures, and a recent dip in forex reserves, while analysts warned of increased import bill risk due to India's reliance on fuel imports.
March 2, 2026
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Energy supply disruption threatens global oil flows, driving sharp price increases and straining fuel and goods markets worldwide.
Attacks and retaliatory strikes in the Middle East disrupted flows through the Strait of Hormuz and regional export infrastructure, triggering sharp crude price rises and heightened risk of sustained supply constraints; OPEC+ announced production increases, but analysts stress that constrained export routes limit the immediate effectiveness of added output.
March 2, 2026
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Maritime chokepoint security threatened, risking oil export disruptions and limiting the relief from increased production.
Attacks and military strikes in the Middle East disrupted maritime traffic through the Strait of Hormuz, risking restrictions on regional crude exports and driving upward pressure on oil and gasoline prices. Because the strait is a critical global oil chokepoint, market concerns focus on whether barrels can physically move; consequently, OPEC+ announcements of increased production may provide limited immediate relief if export routes remain constrained.
March 2, 2026
Show AI Summary
Oil supply security: production increases meet limited relief when export routes through the Strait of Hormuz are disrupted.
OPEC+ announced an April increase in crude production intended to augment available supply while regional military attacks and disruptions to tanker movements - particularly through the Strait of Hormuz - threaten export routes. The notice underscores that interruptions to transit can limit the relief additional output provides and that access to export channels will be decisive for near-term market stability and price direction.
March 1, 2026
Show AI Summary
Energy security measures cushion supply shocks but elevate price volatility and macroeconomic pressures for oil importers.
Escalating tensions around Iran and the Strait of Hormuz create near-term energy security risks for India manifested chiefly as price volatility and macroeconomic pressure rather than immediate physical shortages. Layered inventory buffers - commercial stocks, in transit cargoes and Strategic Petroleum Reserves - combined with diversified sourcing options (including Atlantic suppliers and Russian optionality) reduce the likelihood of sustained supply disruption, though longer transit times and LNG contractual rigidity limit rapid substitution and increase vulnerability to prolonged closures.
March 1, 2026
Show AI Summary
GST revenue growth signals strengthened tax receipts driven by import collections and improved domestic sales affecting fiscal enforcement.
A court ordered continued judicial custody for eight alleged Lashkar-e-Taiba operatives accused of illegal entry and procuring forged identity documents while another court directed the immediate release of 14 student protesters arrested after a campus demonstration. Separately, gross Goods and Services Tax collections rose year-on-year, led by higher import receipts and improved domestic sales, reflecting stronger enforcement and compliance dynamics within the indirect tax regime.
March 1, 2026
Show AI Summary
SGST growth reflects strengthened tax administration and compliance following GST rate rationalisation, bolstering state revenues.
Haryana reports marked year on year expansion in State Goods and Services Tax (SGST) receipts for 2025-26, attributing the improvement to strengthened tax administration, enhanced compliance stemming from departmental reforms and better tax analysis, facilitation via district GST Suvidha Kendras, and the GST Council's September 2025 rate rationalisation as complementary drivers of revenue growth.
March 1, 2026
Show AI Summary
GST revenue growth maintained despite rate reductions; enhanced compliance and AI-driven analytics strengthened state collections effectively.
Andhra Pradesh achieves record net Goods and Services Tax receipts for February, with SGST and IGST growth offsetting marginal gross GST decline. Revenue momentum is supported by higher professional tax and petroleum VAT receipts. The state credits strengthened compliance-targeted audits, stricter return filing, coordinated IGST settlements, and performance based officer deployment-and advanced data analytics and AI oversight that detect evasion and reverse ineligible input tax credit claims for measurable recoveries.
March 1, 2026
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Shipping risk allocation: exporters urged to avoid CIF and prefer FOB as geopolitical risks raise freight and insurance exposure.
Advises exporters to avoid new Cost, Insurance and Freight (CIF) commitments to Iran and Gulf destinations and to conclude sales on Free-On-Board (FOB) terms where feasible so freight, insurance and related risks rest with the buyer. Notes that West Asia instability may sharply increase bunker prices, disrupt vessel availability, raise freight and insurance premiums, and produce price volatility; urges restraint, avoidance of open-ended unhedged positions, and monitoring of consignments in transit or awaiting clearance.
March 1, 2026
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GST rate restructuring boosts revenues as import and domestic consumption support post cut recovery in collections.
GST collections rose year on year following a statutory GST rate restructuring that reduced rates on numerous items and consolidated slabs; import revenue and domestic consumption supported recovery after an initial post cut dip. The pattern includes higher refunds, lower cess receipts, and divergent state level growth, raising considerations for revenue forecasting, state fiscal impacts, and the operational stability of the restructured indirect tax framework.

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Customs & Trade

Best Crypto To Buy Now: DeepSnitch AI Teases Working AI Dashboard, Strengthening the Community’s 100x Bets, BNB and XRP Log Small Recoveries

February 21, 2026

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New Delhi [India], February 21: Despite being impeded by the Supreme Court, Trump announced 10% global tariffs, calling the ruling “ridiculous”. Tariffs, so far, have heavily affected the markets, meaning that a new wave of sell-offs could happen if the macroeconomic tailwinds turn bearish. Thus, DeepSnitch AI could be the best crypto to buy now as its presale status shields it from volatility. So far, DeepSnitch AI raised $1.67M and has also released significant updates (including the sneak peek of its dashboard) on its prediction and analytics suite powered by five AI agents.

Are new tariffs coming? On February 20, US President Donald Trump announced a 10% global tariff right after the Supreme Court struck down his authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA).

Trump called the ruling “ridiculous” and vowed to use alternative legal tools, including the Trade Expansion Act of 1962 and the Trade Act of 1974. The President stated that tariffs under Section 232 and Section 301 remain fully in place and in full force and effect.

Trump’s previous tariffs on Canada, Mexico (25%), and China (10%) were framed as national security measures and are believed to have contributed to sell-offs in equities and crypto markets.

Since this news may usher in a new wave of sell-offs, the best crypto to buy now, according to many traders, could be something in the presale sector.

Best coins to buy right now 1. DeepSnitch AI interface preview released $DSNT highlighted as one of the leading high-growth crypto picks Friday recovery is in full swing. However, these periods have always been short-lived in Q1, which is why many traders anticipate the chop to return during the weekend. Thus, early-stage bullish setups, such as DeepSnitch AI, remain popular.

DeepSnitch AI, particularly, is making rounds not only for securing $1.67M and 100x-300x community predictions, but also for its utility and rapid development progress. The project revealed a preview of its dashboard, which shows off the platform’s simplicity. Built around five unified AI agents, the dashboard will allow you to access various analytics services in a few clicks. This means you can track sentiment shifts and FUD storms, find hidden gems and early alpha opportunities, and even scan tokens for rugs within a unified interface.

Zero friction is the main idea here, as the platform also includes an LLM-style DYOR tool that allows you to paste a token contract address for an instant risk assessment.

The token is currently priced at $0.04064, and the latest bonus codes provide a new layer to an already affordable package. The full range of services, robust fundamentals, and 100x-300x potential make DeepSnitch AI the best crypto to buy now.

https://youtu.be/jVCQ30HIJj8 2. BNB: Can BNB recovery stick? According to CoinMarketCap, BNB traded around $627 on February 20. Many traders aren’t convinced that the recovery will stick, but if it reaches the $669 resistance level, a rally toward $730 could happen, with the next target set at $797.

While this move would technically make BNB a solid contender for the best crypto to buy now, a bearish scenario remains in play. In that case, the recovery will stall, and BNB could fall below $600 and as low as $500.

3. XRP: What’s next for XRP? XRP remained around $1.42 on February 20, according to CoinMarketCap. While the coin logged a small recovery, XRP is still short of reaching the $1.50 (20-day EMA), suggesting that there isn’t much demand at the moment, especially at higher levels.

To start a full recovery, buyers must close above the downtrend line, but the bearish scenario is more likely. XRP could drop to the support line. Closing will confirm the bearish sentiment, opening the possibility of a drop to $1.11.

Nearing $1 may seem harrowing in the short term, but it also presents a nice discount. XRP may not be the best crypto to buy now, but the drop may be a solid entry point.

Final words: Enrich your portfolio Friday pumps are temporary, but utility is more of a long-term play. DeepSnitch AI is not only an opportunity that can help you avoid the short-term swings (due to its presale status), it’s also the crypto that could continue growing throughout the bear market and beyond.

With over $1.67M in the bank and 100x-300x projections circling the community, the trajectory is secured. However, the recent development updates and the release of the dashboard preview will only strengthen the resolve of tech-focused traders and confirm DeepSnitch AI’s standing as the best crypto to buy now.

You can also get extra value by applying a series of bonus codes at checkout. The most interesting ones are the DSNTVIP50 code (50% bonus $5K+ allocations) or DSNTVIP300 (300% on $30K+ investments).

Enrich your portfolio and participate in the DeepSnitch AI presale. Check out X or Telegram for the latest updates.

FAQs 1. How are Trump's tariffs affecting the crypto market in recent news? The US Supreme Court struck down Trump's sweeping tariffs, which eased trade uncertainty and started a small rally.

2. What stands out about DeepSnitch AI as the best crypto to buy now? Along with $1.67M raised at $0.04064 entry, a strong community 100x hype, the recent dashboard preview significantly boosted the conviction about the project’s mass appeal and 100x potential.

3. How does the DeepSnitch AI dashboard preview enhance its appeal in this volatile market? The clean dashboard preview shows seamless access to AI analytics from one interface that doesn’t necessitate any complex action. Traders can choose an analytics service and get AI- driven data in a few seconds.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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