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    Will comply with NCLAT's directions to extend privacy guidelines to advertising-related data: WhatsApp to SC
    Silver, gold surge 3 pc on safe-haven demand
    Footwear Design and Development Institute (FDDI) celebrates its 5th Convocation Ceremony in Hyderabad.
    Banks need to concentrate on core business, desist mis-selling: FM
    AU Small Finance Bank Earns 'Great Place to Work®' Certification for the Sixth Consecutive Year
    Market Trends Indicate a Turning Point for Bitcoin Mining Hardware in India
    Keeping a close watch on gold imports: Finance Minister
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    Delhi Police busts international drug racket, arrests 5 with psychotropic pills worth Rs 9 cr
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February 23, 2026
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Privacy guidelines extended to advertising data; companies to comply and furnish compliance report following tribunal directions.
Extension of privacy and consent safeguards to advertising-related user data is required, with Meta and WhatsApp indicating they will implement NCLAT directions to apply CCI standards to data collection and sharing for advertising. Stay applications were dismissed without prejudice and a compliance report was ordered. The CCI will examine the companies' affidavit on privacy policy and file a response, while its cross-appeal challenges the tribunal's modification permitting advertising-related data-sharing; a monetary penalty previously imposed by the CCI was retained by the tribunal.
February 23, 2026
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Tariff ruling spurs safe-haven demand, lifting precious metals prices amid renewed trade-policy uncertainty and tariff adjustments.
A US Supreme Court ruling against the contested tariff measure and a subsequent executive increase in the global tariff rate from ten per cent to fifteen per cent intensified trade-policy uncertainty, triggering cross-asset volatility and prompting safe-haven demand that drove silver and gold to multi-week highs in domestic and international markets.
February 23, 2026
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Skill development and sustainability urged to boost competitiveness through technology, design innovation and industry collaboration for graduates.
FDDI's 5th convocation conferred degrees and academic medals across programmes, with the institute stressing its contribution to skill development, research, innovation and industry engagement in the footwear, leather, fashion and retail ecosystem. Speakers urged adoption of technology, sustainability and design innovation to enhance global competitiveness, noted sectoral support for employment and MSME growth, and highlighted Hyderabad campus developments including a Centre of Excellence, modern laboratories and strengthened industry collaborations.
February 23, 2026
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Mis-selling prohibition: banks must stop bundling non-bank products and refund customers with compensation when mis-selling occurs.
Banks must stop mis-selling non-bank financial products and prioritise core banking-mobilising deposits, improving CASA, understanding customers, and lending responsibly. The Finance Minister supported RBI draft guidance that mandates full refunds and compensation for mis-selling and highlighted regulatory gaps between banking and insurance supervisors. The RBI characterised upcoming stricter mis-selling norms as consumer protection measures with effect from the announced implementation timeline.
February 23, 2026
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Workplace certification signals sustained employee trust and cultural investments as bank advances toward universal banking transition.
AU Small Finance Bank's consecutive workplace certification, grounded in employee feedback and an improved Trust Index Score, evidences its focus on employee trust and culture. The recognition reflects targeted investments in leadership, learning and development, inclusion, career mobility and a strengthened digital and IT capability to create future-ready roles, supporting the Bank's strategic progression toward universal banking.
February 23, 2026
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Regulatory clarity for crypto mining: compliance with tax, KYC and disclosure regimes shapes viable mining operations.
India's bitcoin mining market is professionalising as buyers shift to energy efficient ASICs and localised support while infrastructure improvements enable co location and data centre deployments. Electricity availability and sustainability measures (including hybrid renewables and off peak strategies) materially affect operational viability. Mining remains permitted within broader tax, AML, exchange control and emerging disclosure frameworks; operators should observe tax and KYC obligations, transparent accounting, and anticipate formalised reporting or environmental disclosure requirements.
February 23, 2026
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Gold import monitoring: government and RBI flag a recent import spike while keeping external account risks in check.
The government and the Reserve Bank of India are monitoring gold imports after a sudden January surge in value and volume; the RBI is analysing data, attributes part of the rise to global central bank purchases and domestic seasonal demand, and considers the situation not yet alarming while noting the current account remains manageable and external-sector resilience intact.
February 23, 2026
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Taxation of capital gains shifted to the company's residence; dividend rates, PE and information exchange provisions updated.
The Amending Protocol reassigns full taxing rights on capital gains from company share sales to the company's State of residence, removes the MFN clause, replaces a single dividend rate with a split withholding regime based on a ten percent ownership threshold, aligns the Fees for Technical Services definition with an established bilateral model, and expands Permanent Establishment to include Service PE.
February 23, 2026
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Banking and regulatory career preparation integrated into a BBA accelerates readiness for Grade A and Grade B recruitment while studying.
An institution launched an integrated BBA programme that combines an accredited undergraduate degree with concurrent, exam aligned preparation for Grade A and Grade B banking and regulatory recruitment. The modular curriculum covers quantitative aptitude, reasoning, English, finance, economics, current affairs, and interview training, delivered by faculty experienced in elite competitive examinations. The programme emphasises mentorship, mock testing, and time optimisation across three undergraduate years to prepare candidates for public sector regulatory posts and allied private financial sector roles.
February 23, 2026
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Quality-led manufacturing: institutionalise uniform standards and testing to convert market access into sustained export competitiveness.
Policy emphasis focuses on a quality-first agenda anchored in the zero defect, zero effect vision to convert expanded market access into export growth. A five-pillar roadmap mandates standard operating processes with continuous compliance and inspection, skilling and reskilling, gap analysis and global benchmarking, streamlined testing and certification, and shared modern testing infrastructure. Government support will finance testing facilities and assist micro and small enterprises in meeting international conformity requirements. The National Quality Conclave's multi-city, sector-specific consultations will feed into a National Quality Roadmap for Manufacturing to coordinate action across government, regulators and industry.
February 23, 2026
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Mis selling safeguards: banks must stop pushing non bank products and refocus on deposit mobilisation and lending.
The Finance Minister urged banks to stop mis selling non bank financial products and focus on core functions of deposit mobilisation and lending. She identified a regulatory gap between banking and insurance regulators that enabled unnecessary insurance sales. The RBI's draft guidelines require full refunds and compensation for mis sold products, invited public feedback until March 4, and set a proposed implementation date of July 1; the RBI also emphasised deposit and credit growth and its approach to policy rate decisions and liquidity provision.
February 23, 2026
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International drug trafficking leads to seizures and arrests after coordinated police and customs operation
An investigation targeted an international drug trafficking syndicate that used export consignments, logistics firms and courier services to smuggle psychotropic tablets abroad. Police coordination with Customs led to interception of a shipment misdeclared as household goods and, after obtaining police custody remand, a joint raid at a port warehouse recovered and seized a massive quantity of psychotropic tablets, following earlier local seizures and successive arrests that mapped the syndicate's supply chain roles.
February 23, 2026
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Tariff policy struck down spurs market rally while raising questions about future trade renegotiations and investor positioning.
The invalidation of the reciprocal tariff policy prompted investor reassessment of trade risks and the possible scope of renegotiations, boosting domestic equities-notably banks, power, FMCG and consumer discretionary-while IT faced pressure; currency moves, long-term yields, crude prices and a shift in institutional flows (foreign selling, domestic buying) moderated the overall market response.
February 23, 2026
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Currency movement: rupee edged higher as oil and dollar softened, but outflows and geopolitics limited gains.
Rupee appreciation to 90.87 was driven by falling global crude and a weaker dollar but capped by foreign fund outflows and geopolitical concerns; importers and FPIs bought dollars on dips, intraday volatility was influenced by equity and debt yields, and the RBI reported a rise in forex reserves.
February 23, 2026
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Mis-selling offence under criminal law prompts banks to stop cross-selling and face refund and compensation obligations.
Mis-selling of financial products is treated as a criminal offence under the Bharatiya Nyaya Sanhita; the RBI's draft mis-selling guidelines require banks to refund the full amount paid and compensate customers for any loss under an approved policy, with the draft open for public feedback and stricter norms proposed to take effect from July 1. The Finance Minister urged banks to focus on core banking activities and address a regulatory gap between banking and insurance oversight, while the RBI framed the guidance within broader deposit, credit growth and liquidity considerations.
February 23, 2026
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SEBI registered advisory: protects investors through fiduciary duty, transparency, suitability and grievance mechanisms.
Unregulated investment advice creates significant investor risk due to lack of accountability and remedies. SEBI registration imposes qualification, recordkeeping, communication limits, and a duty to act in clients' best interests. Registered advisers must provide transparent fee and risk disclosures, assess client suitability, document recommendations to create an audit trail, and operate within formal grievance redressal frameworks, while promoting investor education and disciplined long-term planning.
February 23, 2026
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Emergency powers ruling overturns IEEPA-based tariffs, prompting alternative trade-law tariffs and international uncertainty over trade arrangements.
A high-court decision invalidated tariffs imposed under the International Emergency Economic Powers Act, leading the administration to propose replacement duties under an alternative trade statute. The shift raises questions about US tariff authority, potential refunds for taxes collected under the invalidated measures, and the stability of negotiated trade arrangements, while affected trading partners pursue assessments and diplomatic consultations to mitigate harm to exporters.
February 23, 2026
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Trade policy uncertainty after external tariff changes prompts review and rescheduling of bilateral negotiators' meeting.
Commerce ministry is reviewing recent foreign tariff changes and their impact on trade negotiations; the Finance Minister said it is too early to comment and that the negotiating delegation must decide timing for further talks. A planned meeting of chief negotiators to finalise an interim trade pact was rescheduled, and the ministry's Joint Secretary, Darpan Jain, is India's chief negotiator. The government affirmed it will continue pursuing bilateral and regional trade agreements to expand market access.
February 23, 2026
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Bank fraud monitoring: RBI says it is overseeing an IDFC First Bank fraud and finds no systemic issue.
Reserve Bank of India is monitoring an alleged fraud at IDFC First Bank and has indicated no systemic issue. IDFC First Bank disclosed the fraud involved certain employees and others at a Chandigarh branch affecting a specific set of Haryana government-linked accounts, and said the misconduct is confined to those government accounts and does not extend to other customers of the branch.
February 23, 2026
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Forensic audit validity confirmed, enabling banks to proceed with fraud account classification after a higher court quashed a prior interim stay.
Division bench overturned a single-judge interim stay that had restrained banks from classifying certain accounts as fraud, finding the stay illegal and perverse. The banks and an audit firm had appealed, asserting the forensic audit was legally valid and disclosed serious fund siphoning and misutilisation; the prior stay rested on challenges to the audit's compliance with RBI guidelines and the auditor's qualifications, which the division bench rejected.

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Navi Finserv convenes close to 200 financial sector leaders at the 3rd Navi Lenders Summit 2026

March 6, 2026

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Strengthens partnerships with close to ₹16,000 crore raised since April 2025 across diversified instruments MUMBAI, India, March 6, 2026 /PRNewswire/ -- Navi Finserv Limited successfully hosted the third edition of its flagship industry forum, the Navi Lenders Summit 2026, bringing together close to 200 senior leaders from banks, NBFCs, mutual funds, family offices, and other financial institutions, along with representatives from rating agencies, bureaus, and ecosystem partners. The summit reinforced Navi Finserv's position as a trusted and technology-driven partner within India's evolving credit ecosystem. Held in Mumbai this year, the full-day summit featured strategic discussions on macro credit markets, capital flows, risk discipline, and the next phase of growth in digital lending. The summit saw participation from distinguished leaders, including Mr. Paritosh Mathur, Head WB - IDFC First Bank; Mr. Vineet Bhatnagar, Country Head - PhillipCapital India & Middle East; Mr. Ananda Bhoumik, MD & Chief Analytical Officer - India Ratings;Ganesh Sankaran, Head WSB - IndusInd Bank; Ms. Anuradha Choudhury, MD, Head - Financial Institutions, India, Corporate Banking, Citi India; and Dr. T. Bijoy Idicheriah, Senior Journalist and former Communications Consultant - Reserve Bank of India, who shared perspectives on the structural shifts shaping India's lending landscape and the way ahead. During the summit, Navi Finserv also showcased its technology-first operating model, including proprietary underwriting, risk management, and collections platforms developed in-house. These demonstrations highlighted how data science, automation, and digital infrastructure are enabling faster decision-making, improved asset quality, and scalable customer experiences. Since April 2025, Navi Finserv has successfully raised close to ₹16,000 crore across multiple instruments, including Non-Convertible Debentures (NCDs), Commercial Papers (CPs), Term Loans, Securitisation, Direct Assignment and Co-Lending Arrangements, further strengthening its diversified capital base. Speaking on the occasion, Sachin Bansal, Co-Founder and Executive Chairman, Navi Group, said: "As India's credit ecosystem evolves, the ability to scale responsibly with strong risk discipline, technology depth, and aligned capital partners, becomes increasingly important. We are grateful to our partners for the trust they have placed in Navi Finserv and for being part of this journey. Platforms like the Lenders Summit allow us to exchange perspectives, strengthen alignment, and collectively build for the next phase of growth." Abhishek Dwivedi, MD and CEO, Navi Finserv, added: "The Navi Lenders Summit is an important platform for transparent engagement with our partners and stakeholders. Over the past year, we have continued to strengthen our underwriting models, collections capabilities, and capital partnerships while maintaining a sharp focus on sustainability and asset quality. We remain committed to scaling responsibly and creating long-term value for our partners and customers." About Navi Finserv: Navi Finserv is an NBFC registered with RBI and categorized as an 'NBFC-middle layer' pursuant to Scale Based Regulations and a wholly owned subsidiary of Navi Limited (formerly Navi Technologies Limited). Navi Limited (formerly known as Navi Technologies Limited) is a digital-first financial services company on a mission to make finance simple for every Indian. As one of India's fastest-growing financial destinations, Navi offers an easy-to-access suite of financial services (directly and through partners) including loans, insurance, mutual funds, and UPI payments. With millions of users across the country, Navi combines in-house technology with deep consumer insight to create financial solutions that are intuitive, accessible, and reliable. Navi serves customers across their financial journeys with a single, integrated experience. Headquartered in Bengaluru, Navi is committed to building a modern financial destination that is built on transparency, speed, and trust. For more information, visit: https://navi.com (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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