Apple challenges penalty regime allowing fines based on global turnover as unconstitutional and seeks relief to avoid pre-deposit requirement.
Apple challenges an amended penalty framework allowing the Competition Commission to calculate fines using an enterprise's global turnover aggregated across all products and territories, arguing this produces manifestly arbitrary and grossly disproportionate penalties and is ultra vires Article 14 and Article 21. It contends that being forced to undergo enforcement and only later seek appellate review after making significant pre-deposits would effectuate irreversible constitutional harm, and it also challenges broad disclosure directions for audited financial statements.

Unitech projects: authorities must grant permissions and comply with orders so assets can be monetised to complete housing units.
Priority scheduling was fixed for Unitech project matters and state development authorities were directed to grant requisite permissions; non-compliance with earlier orders will attract serious consequences. The court reiterated that the Centre-appointed board may raise funds, sell unsold and unclaimed inventory, and monetise unencumbered assets to complete housing units, while environmental and local approvals must be granted and unresolved issues referred to the designated committee. Notices to financial institutions about stalled loan disbursal and NPA declarations remain effective.

Mark Rutte persuades Trump to drop Greenland ownership demand and agree a framework on Arctic security.
Mark Rutte persuaded US President Donald Trump in Davos to abandon claims of outright territorial ownership of Greenland and to drop threatened punitive tariffs, agreeing instead on a framework for future cooperation on Arctic security achieved through personalised diplomacy and alliance cohesion rather than formal legal instruments.

Karnataka investments: RPSG to invest Rs 10,500 crore; InoxGFL plans wind tower unit, and state to facilitate projects.
The state government will facilitate and support large-scale private investments to strengthen renewable energy and industrial ecosystems; RPSG will invest Rs 10,500 crore in Vijayapura and Ballari, InoxGFL plans a large wind tower facility, proposals include CETPs and a Pharma Park, and the delegation pursued foreign collaboration and sectoral investment promotion to attract firms and scale training and industrial infrastructure.

India's economic posture: open to global partnerships while limiting foreign currency debt to strengthen resilience.
India promotes broad international partnerships across key industries while advancing a fiscal policy that keeps aggregate debt below many advanced-economy levels and prioritizes a rupee-dominated debt portfolio. The government frames state participation under cooperative and competitive federalism and pursues a deliberate de risking strategy by limiting dollar borrowing to enhance macroeconomic resilience.

Illegal gold mining crackdown in the Amazon leads to nearly 200 arrests and major seizures of gold and mercury.
A multinational Interpol-backed operation targeting illegal gold mining in Amazon border regions resulted in nearly 200 arrests and seizures of unprocessed gold, large cash sums, cylinders of mercury concealed in goods, firearms, mining equipment and counterfeit commodities, while uncovering alleged organised-smuggling, money-laundering links and suspected exploitation of migrants and minors.

India's AI strategy emphasizes building sovereign models, scaling chips and infrastructure ahead of a major AI summit.
India aims to lead the AI stack by developing sovereign AI models, ramping chip and computing capacity, and expanding cloud data centres, with infrastructure investment rising from about USD 70 billion to a projected USD 150 billion ahead of the India AI Summit; parallel energy-sector reforms, including in nuclear energy, are presented as enabling inputs for scaled AI deployment.

India trade engagement seen as encouraging after comments about a potential favourable US-India trade deal.
A senior minister described a public statement about a forthcoming favourable US-India trade deal as encouraging, explicitly tying that assessment to India's position and sustained engagement on global trade matters while he led a broad delegation of central and state ministers plus private-sector representatives at an international economic forum.

Aptronix accepts any 10 devices, dead or alive, for Apple upgrades with EPR compliant recycling and tree planting.
Aptronix's Limitless Exchange accepts up to ten devices of any brand or condition per transaction, guarantees 100% acceptance including non functional devices, and credits combined value toward Apple upgrades while routing all devices through AI valuation, certified refurbishment or EPR compliant recycling. Dead devices trigger one tree planted per device and customer vouchers, with full traceability and digital certificates documenting compliance and environmental contribution.

E waste and recycling sectors losing billions due to inefficient scrap management and limited formal processing capacity.
NITI Aayog finds major economic and resource losses across e waste, waste tyres, Li ion batteries and end of life vehicles due to limited formal recycling capacity, informal sector inefficiencies, weak workforce systems and absence of quality standards. The reports quantify recoverable value and projected growth in waste streams and recommend a robust policy and regulatory framework, standards for recycled products, prohibition of environmentally harmful practices for certain imports, and scaling formal recovery infrastructure to capture value and support a circular economy.

Smart rental economy gains traction with app-based rentals, smart-home automation, and community-focused co-living driven by developer initiatives.
The smart rental economy replaces traditional ownership with flexible, tech-enabled tenancies delivered via co-living and managed rental platforms, emphasising app-based rental and maintenance, smart-home automation, AI-enabled personalization, and community-oriented amenities to retrofit existing developments and streamline property management.

AI/ML training program at iHub-Data IIIT Hyderabad opens admissions for a six-month weekend course with potential internship.
iHub-Data at IIIT Hyderabad is offering a six-month in-person AI/ML training program for B.Tech students from AICTE-affiliated institutions, with two-hour Sunday sessions covering classical and modern AI/ML techniques; the course begins 22 February 2026, may lead to a three-month online internship for select completers, and requires applications by 20 February 2026.

Maharashtra signs Rs. 2,500 crore agriculture MoU to fund climate-smart, tech-driven farming launching April 2026 with blended financing
A Memorandum of Understanding valued at approximately Rs. 2,500 crore establishes a climate responsive, technology driven agriculture project to begin in April 2026. Rural Enhancers Group will act as funding agency and project integrator; Nutrifresh will supply CEA, AI and IoT technologies; the Government of Maharashtra will provide policy, institutional and implementation support. The project uses a blended financing structure involving UAE financiers, Indian public banks, development finance institutions and foreign banks and focuses on farmer income enhancement, climate resilience, agri tourism, women's empowerment and employment generation.

MGNREGA repeal alleged to remove the 100-day employment guarantee and exclude workers via Aadhaar and digital rules.
The repeal of the Mahatma Gandhi National Rural Employment Guarantee Act is alleged to remove the statutory guarantee of 100 days of rural employment, introduce Aadhaar and digital attendance requirements that exclude many labourers, and shift authority away from panchayats; the opposition demands withdrawal of the new VB-G RAM G Act and full restoration of MGNREGA as a rights-based law through nationwide mobilisation and parliamentary pressure.

Board of Peace unveiled to oversee Gaza ceasefire faces allied reservations over mandate, UN role, membership, and funding.
The announcement establishes a Board of Peace to oversee the Gaza ceasefire and broader reconstruction and humanitarian efforts, with ambitions to assume some UN functions; its broad remit, membership composition, potential to supplant UN mechanisms, need for parliamentary approvals, questions about decision-making authority, and linked funding proposals requiring asset unblocking raise legal and political concerns about its mandate and relationship to the UN Charter.

IndiGo reports Q3 profit fall after operational disruptions and labour code costs, plus DGCA fines and a bank guarantee requirement.
IndiGo's third-quarter results reflected a large profit decline due to Rs 577.2 crore from December operational disruptions, a Rs 22.2 crore regulatory penalty recorded as an exceptional item, and an estimated Rs 969.3 crore provision for implementation of new labour laws, with additional forex losses of Rs 1,035 crore; the DGCA also imposed a Rs 50 crore bank guarantee requirement while the company reported topline growth, passenger volumes, fleet size, and detailed cash and debt metrics.

Marvel Tea unveils new packaging to boost shelf visibility, curb duplication, and reinforce quality and brand authenticity.
Marvel Ltd. redesigned packaging for Marvel Elaichi Tea and Marvel Yellow Tea to boost shelf visibility and consumer engagement while preserving authenticity; designs signal strength, freshness, and premium quality. The change forms part of a strategy to strengthen brand authenticity, curb product duplication, support international expansion, and accompany product innovation (including a new Marvel Noon Tea), with an emphasis on stringent quality standards and consistent sourcing.

Fairmont Mumbai marks first anniversary, highlighting luxury amenities, awards, and India's first hotel longevity spa.
Fairmont Mumbai marks its first anniversary as a large-scale Art Deco-inspired luxury hotel near the international airport, offering 446 rooms, extensive event spaces, experiential dining and Blu Xone, a dedicated longevity-focused wellness floor. The property has received industry recognition across hospitality, design and dining categories and leadership awards for senior management, and it highlights anniversary programming and plans to expand restaurants and immersive guest experiences while leveraging the Fairmont and Accor brand networks.

Indian leisure travel shifted to slower, experience led multi day trips prioritising comfort, predictability and personalised itineraries.
The India Multi Day Travel Index 2025, derived from operated multi day itineraries and aggregated booking and fulfilment data, finds a structural shift from checklist, high coverage trips to slower, experience led multi day journeys prioritising predictability, comfort and depth. Custom itineraries now surpass fixed group tours; families drive demand for fewer transitions and longer stays; short haul international travel leads in volume while long haul travel yields higher spend; and repeat travel has risen in mature markets. The index highlights domestic diversification and a Europe trend toward fewer countries and longer stays.

Online dispute resolution platforms will integrate AI legal research tools to assist arbitrators and mediators in complex commercial matters.
jhana will supply its AI legal research and document-analysis platform to dispute resolution professionals on CADRE ODR, initially targeting securities-market and selected corporate commercial matters under a SMART ODR framework. The integration includes onboarding, training, technical support, and iterative refinement based on user feedback to assist arbitrators, mediators, and conciliators in analysing complex legal materials and improving the efficiency of online arbitration and mediation.