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    Yiwu in the Year of the Horse: Understanding the Chinese Expression of a 'Global Community'
    ED issues fresh summons to Anil Ambani for February 26
    Tripura tea auction centre likely to be operational by April: official
    IICA Renews MoU with NALSAR University of Law to Strengthen Academic Collaboration and Capacity Building
    IICA Constitutes High-Level Advisory Group on Ease of Doing Business under the Chairmanship of DG & CEO
    Release of Report of the ‘Sub-Committee on Methodological Improvements' in 2022-23 series of National Accounts
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    CCI approves acquisition of portfolio management services business of Axis Securities by Axis Asset Management Company
    Kerala grants temporary pay relief to 20,000 teachers after SC K-TET ruling
    Indo US Bio-Tech Limited to invest Rs.71.51 crore in Agricultural Innovation and Research and Development by 2030-31
    Delhi govt mandates online application for ration cards, Aadhaar details of all family members
    Can't say when I'll return to India; legally barred from leaving UK: Mallya to Bombay HC
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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.
February 19, 2026
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Memorandum of Understanding renewal strengthens academic collaboration, joint research, faculty exchanges and capacity building between institutions.
Memorandum of Understanding renewal establishes a five-year institutional framework for academic collaboration between IICA and NALSAR, formalising faculty and student exchanges, joint research and publications, expert advisory services, and the organisation of workshops, seminars and conferences; it consolidates a two-year residential LL.M. programme in Insolvency and Bankruptcy Laws combining academic instruction and industry exposure.
February 19, 2026
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Ease of Doing Business reforms to rationalise e-forms and streamline corporate compliance through digital governance and consultations.
A high-level Advisory Group on Ease of Doing Business will recommend measures to rationalise e-forms and simplify corporate compliance under the Companies Act by reducing duplicative filings through consolidation, automation and event-based processing, develop an Integrated Form Blueprint and a phased implementation roadmap, conduct stakeholder consultations and impact assessments, and propose draft amendments to support a modern, transparent, technology-driven corporate regulatory framework; the School of Business Environment, IICA, will serve as Secretariat and a research MoU with the Ministry will produce evidence-based recommendations.
February 19, 2026
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National accounts methodology revised to adopt new data sources and updated compilation methods aligning quarterly and annual estimates.
Revision of national accounts introduces new administrative and survey data, disaggregated modeling, and updated rates to improve sectoral estimates. Corporate sector changes include activity wise revenue splitting and disaggregated Paid up Capital multipliers; government estimates add imputed housing services and wider coverage; household estimates move to annual direct estimation using specific surveys. PFCE uses a mixed survey/production/commodity flow approach with COICOP 2018, and quarterly benchmarking adopts Denton proportional benchmarking to align QNA with annual accounts.
February 19, 2026
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Trade tariffs nullified by national economic strength - call for self-reliance and firmness in external trade relations.
India's prospective leadership of the Global South and economic self-reliance were foregrounded, asserting that strengthened national capacity will nullify the effect of external tariffs and reduce foreign leverage. The speaker urged firmness in trade relations, linked social harmony and a shared Hindu identity to national unity, advocated moving temple administration from government control to devotees, and highlighted village-level development work including education, dispute resolution, land access, and local employment.
February 18, 2026
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Sovereign energy policy: India's continued purchase of Russian hydrocarbons seen as mutually beneficial despite US claims.
Russia's Foreign Ministry states it has no reason to believe India has changed its position on purchasing Russian hydrocarbons, asserting such purchases are mutually beneficial and help maintain international energy market stability. The statement rebuts US claims that India agreed to stop importing Russian crude, notes that India has not confirmed Washington's assertion, and characterises previous US actions - tariffs, sanctions and prohibitions - as coercive measures intended to dissuade countries from buying Russian oil.
February 18, 2026
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India-EU free trade agreement accelerates strategic economic and technological cooperation, enabling enhanced talent mobility and digital collaboration.
Prime Minister Modi and Estonian President Karis affirmed that the India-EU free trade agreement will act as a catalyst for deeper economic partnership and committed to leveraging it to expand trade and investment linkages, while intensifying cooperation in AI, digitalisation, e-governance, cybersecurity, startups, skilling, talent mobility, tourism, and clean energy collaboration.
February 18, 2026
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Provisional attachment under PMLA of overseas deposits linked to a real money gaming app for alleged money laundering and algorithmic manipulation.
The Enforcement Directorate issued a provisional order under the Prevention of Money Laundering Act to attach overseas bank deposits held in the names of alleged shell companies linked to Winzo Pvt Ltd, operated and controlled by its promoters, as part of a money laundering investigation into the real money gaming business alleging use of BOTs/AI and restrictions on customer withdrawals; a chargesheet has been filed and cumulative attachments have been reported.
February 18, 2026
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Fugitive economic offender status challenged as absence due to passport revocation and UK travel prohibition.
The petitioner challenges his designation as a fugitive economic offender and the constitutional validity of the Fugitive Economic Offenders Act, asserting he cannot specify a return date because his Indian passport was revoked and English and Welsh court orders prohibit him from leaving; counsel contends absence stems from international legal constraints and need not bar the High Court from hearing the petitions. The bench directed the Union government to file its reply and posted the matter for further hearing.
February 18, 2026
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Provisional attachment under PMLA used to secure asset linked to alleged investor cheating and diverted endorsement proceeds.
Provisional attachment under the Prevention of Money Laundering Act was used to secure an immovable property in Kerala linked to proceeds allegedly generated through cheating by an online bidding application, with investigators tracing diverted funds to celebrity endorsement payments, cryptocurrency trading losses and personal expenses and issuing a provisional order to preserve the property equivalent to the identified proceeds.
February 18, 2026
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Free trade agreement momentum boosted as leaders discuss cooperation across technology, shipbuilding and corridor connectivity.
Leaders focused on strengthening bilateral ties by promoting a Free Trade Agreement and enhancing cooperation in technology, innovation, shipbuilding, blue economy, and connectivity via the India Middle East Europe Economic Corridor. Croatia flagged increased trade and opportunities in logistics, maritime transport, digital transformation, defence and security, and emphasised its gateway role linking the Three Seas Initiative with the IMEC corridor. The visit occurred alongside the AI Impact Summit, framing AI's policy relevance to these economic agendas.
February 18, 2026
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Merger approval: consolidation of an NBFC's asset finance business into an inactive holding entity cleared, detailed regulatory order to follow.
The Competition Commission approved the proposed merger of Hinduja Leyland Finance Limited into NDL Ventures Limited, enabling consolidation of Hinduja Leyland Finance's asset finance activities-small ticket retail and vehicle loans, loan against property and housing loans-into NDL Ventures, which presently has no active business; a detailed regulatory order and any conditions will follow.
February 18, 2026
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Competition approval for internal reorganisation permits transfer of specified BCCL businesses to newly formed THPL on going concern basis.
Competition Commission approval granted for an internal reorganisation by Bennett Coleman & Company Limited to demerge and transfer specified entities, businesses, undertakings, assets and liabilities (EIBME Business) into newly incorporated Times Horizon Private Limited on a going concern basis, with further detailed order to follow.
February 18, 2026
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Competition approval for acquisition of portfolio management services business, consolidating PMS activities under an asset manager.
The Competition Commission of India has approved an acquisition in which Axis Asset Management Company Limited will acquire the portfolio management services business of Axis Securities Limited in India. The Acquirer manages a mutual fund business, provides portfolio management services, and manages alternative investment funds across Category II and Category III; the Target Business comprises the Transferor's portfolio management services in India. A detailed order will follow.
February 18, 2026
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Teacher eligibility requirement: temporary pay preserved for affected teachers pending K-TET compliance within the prescribed compliance period.
Following the court's removal of a pre-existing exemption, the State will grant temporary pay-scale approval to teachers appointed before the ruling's effective date provided they clear K-TET within the prescribed compliance period; equivalent qualifications are accepted and promotions will be considered after legal advice. The State will also re-fix posts to include students with Aadhaar EIDs or pending corrections to remedy staff losses caused by Aadhaar data discrepancies.
February 18, 2026
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Agricultural innovation investment roadmap drives company expansion into exports, joint ventures and multiyear seed R&D projects.
Indo US Bio-Tech Limited's roadmap commits to phased investments in infrastructure, capacity and crop-specific multi-year R&D through 2030-31, including a high-tech greenhouse, a 5,000 sq. ft. seed processing plant with dedicated machinery, processing capacity modernization, a joint venture groundnut seed plant, and multiple staged tomato, bottle gourd, chilli and brinjal breeding and commercialization projects, alongside a strategic export push into the US and African markets with staged pilot-to-full-scale operations.
February 18, 2026
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Aadhaar linkage: Delhi mandates household Aadhaar for online ration card applications, with verification and eligibility checks.
Delhi mandates online applications via the e-district portal for new ration cards with Aadhaar numbers for all family members and supporting residence and income documentation. Food supply officers will scrutinise and verify applications, forwarding eligible cases to assistant commissioners and a district-level committee which applies Delhi Food Security Rules, 2026 and the SOP, enforces exclusion criteria, prioritises needy applicants, maintains a waiting list, and routes appeals to the Public Grievance Commission as State Food Commission.
February 18, 2026
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Fugitive economic offender status limits challengeability while the declared person is legally barred from leaving a foreign jurisdiction.
This matter concerns a challenge to a declaration under the Fugitive Economic Offenders regime and a constitutional challenge to the Act, where the petitioner states he cannot return because his Indian passport was revoked and English and Welsh orders bar his departure, and the court has invited the government to reply while indicating it will not hear the challenge to the declaration until the petitioner returns.

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AU Small Finance Bank Earns 'Great Place to Work®' Certification for the Sixth Consecutive Year

February 23, 2026

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Mumbai, Maharashtra, India (NewsVoir) AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first in over a decade to receive in-principle approval to transition into a Universal Bank, has been certified as a Great Place to Work® for the sixth consecutive year. The achievement reinforces the Bank’s commitment to its core philosophy of Forever Banking, a long-term promise of trust, care, and continuity for all stakeholders.

The certification is based entirely on employee feedback. For FY26, AU SFB achieved a significant increase in the Trust Index Score, highlighting the strength of its culture and the deep sense of belonging, employees experience across the organisation. The Great Place to Work® Institute is a global authority on workplace culture, employee experience, and leadership behaviours.

Speaking on the milestone, Sanjay Agarwal, Founder, MD & CEO, AU Small Finance Bank, said, “At AU SFB, our people have always been the heart of our journey, from a single-branch NBFC in Rajasthan to becoming India’s largest Small Finance Bank now poised to transition into a universal bank. This sixth Great Place to Work® certification is more than an award; it validates our ‘Forever Banking’ promise that celebrates aspiration, rewards integrity, and enables every AUite to grow with purpose. When trust meets opportunity, excellence becomes a collective habit. Our journey and growth is a reflection of AUites who embody trust, innovation, ownership, and compassion.” Over the years, AU SFB has made long-term investments to strengthen employee experience. These include a culture of execution excellence, a values-driven leadership framework, robust learning and development programmes, and a work environment that encourages innovation, inclusion, and career mobility. The Bank has also expanded its technology and digital ecosystem, now supported by a 1,100-member IT team and 200+ in-house developers focused on Digital, Data, and AI - creating future-ready roles and opportunities for employees.

Earning this recognition for six straight years reflects AU SFB’s sustained focus on building a purpose-led organisation where every voice is valued and every individual is empowered to grow.

About AU Small Finance Bank AU Small Finance Bank Limited is a Scheduled Commercial Bank and India’s largest Small Finance Bank by scale. Since becoming a bank in 2017, AU SFB has built a diversified retail banking model, offering services across deposits, loans, credit cards, investments, and insurance, supported by digital innovations like 24x7 video banking, AU 0101 app, and WhatsApp Banking. AU’s wide network of over 2,726 banking touchpoints across 21 States and 4 Union Territories enables service to more than 1.25+ crore customers, powered by a workforce of 59,800+ employees.

For more details, visit: www.aubank.in | LinkedIn | Facebook | Twitter | Instagram (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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