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    Sensex rebounds 316 pts, Nifty ends above 25,550; banks, metal stocks lead recovery
    India's forex kitty jumps USD 8.66 bn to record USD 725.72 bn
    India joins US-led 'Pax Silica' alliance to bolster AI and critical minerals supply chains
    Union Minister of Commerce and Industry Shri Piyush Goyal Launches Export Promotion Mission to Boost MSME Exports and Strengthen Global Competitivenes...
    Production Linked Incentive Scheme with ₹1.91 Lakh Crore Outlay Drives Strong Industry Participation Across 14 Strategic Sectors
    India-US interim trade pact likely to be operationalised in April, says commerce minister
    Officials of India and US to begin 3-day meet on Feb 23 to finalise legal text for interim trade pact
    When Investor Safety Meets Street Culture: NSDL Activation Draws Attention in Delhi
    GCCs to drive up to 50% of India office demand; US to dominate while UK & EU to gain share- says Colliers India
    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
    US trade deficit slipped to USD 901 billion last year amid Trump tariffs
    Tata Group working on building AI chips, says Chairman N Chandrasekaran
    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
    Cristiano Ronaldo Invests $7.5 Million in Herbalife's Pro2col™ Technology, Acquires 10% Equity Stake
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February 20, 2026
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Market rebound driven by banking and metal stock buying as trade deal signals and supply chain shifts lift sentiment.
Equity markets rebounded with strong buying in large-cap banking and metal stocks restoring benchmark indices to positive territory after a sharp correction. Broad sector participation favored Power, PSU Banks, Utilities, Capital Goods and Metals, while IT lagged. Sentiment was supported by trade-agreement signals and India's participation in Pax Silica, enhancing supply chain security for AI and semiconductors, even as elevated volatility and recent institutional net selling influenced near-term flow-driven moves.
February 20, 2026
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Foreign exchange reserves rise to record level after gains in foreign currency assets and gold, RBI data shows
India's foreign exchange reserves rose to USD 725.727 billion in the week ended February 13, driven by increases in foreign currency assets (up USD 3.55 billion to USD 573.603 billion) and gold reserves (up USD 4.99 billion to USD 128.466 billion); SDRs increased by USD 103 million to USD 18.924 billion and the IMF reserve position rose by USD 19 million to USD 4.734 billion, with dollar reporting reflecting valuation effects of non US currency movements.
February 20, 2026
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Supply chain security for critical minerals and AI strengthened as partners commit to trusted, diversified industrial cooperation.
India joined Pax Silica to build a resilient, trusted supply chain for critical minerals and AI, addressing over concentration and risks of economic coercion. The declaration commits partners to coordinated cooperation across the value chain-from raw materials and mineral processing through semiconductors and AI infrastructure-emphasising diversification, trusted industrial bases, workforce development, and a pro innovation approach that treats economic security as national security.
February 20, 2026
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Export Promotion Mission expands MSME trade support with export factoring, e commerce credit and compliance facilitation.
The Export Promotion Mission deploys coordinated financial and ecosystem measures-under Niryat Protsahan and Niryat Disha-to strengthen MSME export competitiveness by reducing cost of capital, diversifying trade finance through export factoring and structured e commerce credit with interest subvention and partial guarantees, and by enhancing compliance capabilities, overseas warehousing, logistics reimbursements and trade intelligence to facilitate market entry and integration.
February 20, 2026
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Production Linked Incentive scheme links incentives to incremental domestic production, deepening localisation and strengthening manufacturing competitiveness.
The Production Linked Incentive (PLI) Scheme links financial incentives to incremental domestic production over a defined base year, incentivising scale, technology adoption and domestic value addition across 14 strategic sectors. Operative approvals and performance metrics channel payments to approved applicants to deepen localisation, expand manufacturing capacity and integrate with global value chains; reported outcomes as of 31 December 2025 include 836 approved applications, cumulative rises in investment, production, exports, employment and disbursed incentives.
February 20, 2026
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Interim India-US trade agreement likely operationalised in April after legal-text finalisation meeting, with related FTAs scheduled for implementation.
An interim trade agreement between India and the United States is expected to be signed in March and made operational in April after officials finalise the legal text; FTAs with the United Kingdom and Oman are likely to be implemented in April and a pact with New Zealand in September.
February 20, 2026
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Interim trade agreement legal text to be finalised, codifying reciprocal tariff concessions and paving way for signature.
A three-day bilateral meeting will finalise the legal text converting the previously agreed framework into an interim trade agreement to be signed by the two governments; the agreement will codify reciprocal duty concessions and specific tariff adjustments, with the Indian negotiating team led by the chief negotiator.
February 20, 2026
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Investor verification: public SEBI Check awareness activation promotes verification-first behaviour to reduce fraud and strengthen investor protection.
SEBI Check is a verification mechanism to confirm whether market entities are registered with the regulator, aimed at reducing impersonation and unregistered advisory fraud by promoting verification before investing. NSDL has advanced this objective through behavioural investor education-digital content, transit-led campaigns, and on-ground activations-culminating in a flash mob at Priya High Street that reinforced the green triangle thumbs-up symbol as a trust marker and used public-space storytelling to drive symbol recall and verification-first behaviour.
February 20, 2026
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Trade agreements to reduce market barriers, spurring GCC expansion and materially boosting Grade A office demand in India.
Bilateral trade agreements with major partners are expected to reduce market barriers and tariffs, incentivizing multinational firms to expand India-based GCCs into higher value functions and thereby materially increase Grade A office demand across the top seven Indian markets; Colliers projects GCCs could account for a substantial share of future leasing while noting that benefits depend on finalisation and implementation of agreement details.
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.

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Applications Are Open for ClimateLaunchpad, the World’s Largest Green Business Ideas Competition

March 5, 2026

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SINGAPORE, March 4, 2026/AgilityPR-AsiaNet/ -- ClimateLaunchpad , the world's largest green business ideas competition by Climate KIC , has opened applications for its 2026 edition. Since 2014, the programme has supported nearly 5,000 ideas across 97 countries. This year, it is expanding its presence in Asia with Singapore hosting both the regional final and Global Grand Final for the first time. The competition is therefore partnering with regional partners Better Earth Ventures and TPC Group. “Strengthening ClimateLaunchpad’s presence in Asia marks a profound new chapter for this programme and for the climate innovation movement more broadly. Asia is where so much of the world’s climate and nature future will be shaped, through business leadership, public-private partnerships and long term strategic thinking. We look forward to supporting this momentum with new business ideas and innovation ecosystem collaborations across more than a dozen countries. This expansion opens space for deeper cross-cultural connections and for first-time founders to turn sparks of imagination into solutions that serve both people and planet.” - Kirsten Dunlop, CEO of Climate KIC. What is ClimateLaunchpad and how to join? Since its launch in 2014, ClimateLaunchpad has become the most accessible pipeline for green innovation. The curriculum is designed to turn ideas on the back of a napkin into battle-proof businesses. Participants move through several stages: • An initial mini-course to refine the concept. • An intensive multi-day Boot Camp led by expert trainers. • Targeted coaching to perfect value propositions and investor pitches. • National and regional finals, where teams pitch to expert juries and gain wider visibility. • A place at the Global Grand Final, with prizes and access to a global climate network. In 2025, the programme received over 2,700 applications from 40 countries. The winning ventures gain prize money, investor connections, and access to a global cleantech network. Applications are now open for the 2026 edition of ClimateLaunchpad . Climate innovators, green venture builders, and entrepreneurs from around the world can apply here . Partnering with regional players This year, Climate KIC is partnering with Better Earth Ventures to host both ClimateLaunchpad Singapore and the Global Grand Final. Better Earth Ventures is a Singapore-based climate innovation platform supporting early-stage founders across Asia-Pacific. As the local delivery partner, they bring deep ecosystem relationships and hands-on experience running climate and agrifood innovation programmes, with a focus on turning promising ideas into scalable ventures. Their work is grounded in the belief that global change starts with local action, and that supporting entrepreneurs on the ground is key to building a resilient green economy. “We are proud to host ClimateLaunchpad’s Regional and Global Grand Final in Singapore and to convene an international group of climate entrepreneurs from more than 50 countries. Climate solutions are emerging from every corner of the world, and bringing them together creates the kind of cross-border exchange and collaboration this moment demands. Our focus is to ensure early-stage founders have the structure, ecosystem access and support needed to move from idea to credible impact.” - Rebecca Sharpe, Founder and CEO Better Earth Ventures At the same time, the competition is entering a new chapter with Singapore-based TPC (Tsao Pao Chee) bringing a perspective rooted in interconnectedness. TPC is a fourth-generation family business ecosystem committed to advancing the well-being economy, with activities spanning global logistics, impact investment, education, and philanthropy. This perspective recognises that climate, economy, culture and community do not operate separately. Addressing the climate crisis requires understanding how these systems overlap and designing solutions that reflect that reality. This systems perspective also informs the work of NO.17 Foundation, part of the TPC ecosystem, which focuses on aligning capital, collaboration, and execution so that climate innovation can move from promising ideas to scalable systems change. “Climate innovation is ultimately a human endeavour before it is a technological one. The most powerful solutions often emerge from people closest to the realities of climate change. Platforms like ClimateLaunchpad help connect these founders with the networks, capital, and collaboration needed to turn local insight into solutions that can scale globally.” - Luis Alvarado Martinez, CEO of No. 17 Foundation The partner network ClimateLaunchpad is supported by long-term partners like Bank of America and Irish Aid. Support from Bank of America strengthens the ecosystem from the earliest stages, giving visibility to solutions that can deliver real-world impact and reshape our economy. Meanwhile, Irish Aid empowers entrepreneurs in emerging markets, ensuring those on the front lines of climate change have the tools to build their own local solutions. Application open: Climate innovators, green venture builders, and entrepreneurs from around the world can apply here . About Climate KIC Climate KIC is Europe’s leading climate innovation agency and community, creating climate-resilient communities and fighting climate breakdown by mobilising systems change in countries, regions, cities, and businesses. Together with partners across the globe, Climate KIC orchestrates solutions and facilitates learning to bridge the gap between climate commitments and current reality, driving faster and more ambitious action. About Better Earth Ventures Better Earth Ventures is dedicated to accelerating the development and deployment of transformative technologies and initiatives that mitigate climate change and promote sustainable living. Located in Singapore, we serve as a pivotal gateway to Asia-Pacific, with a strong regional network of commercial partners, investors and mentors to help growth-stage businesses scale sustainably across borders. Through collaboration, mentorship, and strategic partnerships, we empower visionary entrepreneurs to drive tangible impact and pave the way for a resilient and thriving planet. About TPC (Tsao Pao Chee) TPC (Tsao Pao Chee) is a fourth-generation family business holding company headquartered in Singapore that is committed to empowering the well-being and happiness economy. TPC does this by supporting global connectivity and resilience through its supply chain and logistics activities, and well-being-focused activities aimed at fostering individual and collective growth. TPC’s purpose-led well-being business ecosystem comprises IMC Industrial, OCTAVE, and multiple non-profit organisations, including OCTAVE Institute, NO.17 Foundation and Restore Nature Foundation, operating in unity to add value to life, with corporate offices in the People’s Republic of China, Thailand, Indonesia, and Japan. Find out more about TPC (Tsao Pao Chee) at tsaopaochee.com and on LinkedIn. About NO.17 Foundation NO.17 Foundation is the nexus of capital, consciousness, and collaboration in the Well-being Era – the philanthropic heart of TPC (Tsao Pao Chee). Rooted in SDG 17: Partnerships for the Goals, NO.17 unites values-aligned funders, partners, and changemakers to catalyse systemic transformation. Through trust-based giving, regenerative coalitions, and strategic ecosystem building, we activate new forms of capital – financial, social, cultural, spiritual, institutional, ecological, and human – as a force for collective flourishing. Explore our movement to make philanthropy as a field of love for transformation at https://17foundation.org and on LinkedIn. About Bank of America Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC). About Irish Aid Irish Aid is the Government of Ireland’s international development cooperation programme. It works in more than 80 countries to reduce poverty, hunger and humanitarian need, often focusing on climate action, gender equality and strengthening governance. gov.ie As part of Ireland’s foreign policy, Irish Aid supports inclusive development, helps communities adapt to climate change, and backs early-stage innovation in underserved regions. Its approach emphasises giving a voice, platform and opportunity to entrepreneurs worldwide — especially in regions hardest hit by climate risks. (Disclaimer: The above press release comes to you under an arrangement with Asianet and PTI takes no editorial responsibility for the same.). PTI

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