February 17, 2026

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CUSTOMS

16
Feb

Notification No. 20/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

16
Feb

Notification No. 21/2026 (Delhi)
G.S.R……. (E). – In exercise of the powers conferred by section 75 of the Customs Act, 1962

RBI

16
Feb

RBI/2025-26/207 (Delhi)
Strengthening of Grievance Redress Mechanism in Banks – Review

16
Feb

RBI/2025-26/208 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

16
Feb

RBI/2025-26/209 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026

16
Feb

RBI/2025-26/210 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

16
Feb

RBI/2025-26/211 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Amendment Directions, 2026

16
Feb

RBI/2025-26/212 (Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026

16
Feb

RBI/2025-26/213 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

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INDIAN ECONOMY

UN Chief António Guterres hails India as AI Impact Summit host, says ‘very successful emerging economy’

United Nations Secretary-General António Guterres has said that India is the right country to host the upcoming AI Impact Summit 2026. Calling India a very successful emerging economy. He praised the country’s growing role in global affairs and said it is a suitable place to lead discussions on the future of ...

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Capex growth of 7 big states muted in April-January

Capital expenditure across seven major states showed a muted overall growth, but sharp divergences in April–January of FY26, compared with the year-ago period. Regional Divergence Combined capex for Assam, Chhattisgarh, Karnataka, Kerala, Madhya Pradesh, Rajasthan, and Uttar Pradesh rose marginally to abo...

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GDP base year revision unlikely to have major impact on Budget numbers: MoSPI secretary

The Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg, described the Budget FY27 as “robust enough.” He told FE that revising the base year for key economic indicators, such as gross domestic product (GDP) and consumer price index (CPI), is unlikely to significantly impact ove...

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India’s power mix tilts green with record 52.5 GW addition in FY26

In a structural shift for India’s power sector, non-fossil fuel capacity has overtaken fossil fuel-based capacity, even as the country recorded its highest-ever annual addition of 52,537 MW in FY26 (up to January 31). India’s total installed power generation capacity now stands at 520,510.95 MW. Of this, 2...

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Wholesale inflation rises to 1.81% in January on higher manufactured goods prices

India’s wholesale prices rose 1.81% year-on-year (YoY) in January, up from a 0.83% increase in December 2025, driven by higher costs in primary articles and manufactured goods. The All Commodities WPI index reached 157.8 in January 2026, as per data released by the government. The government said, “Positiv...

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India-UK free trade pact likely to be implemented in April: Official

The India-UK free trade agreement, signed in July last year, is likely to be implemented in April 2026, according to an official. India and the UK, on July 24, 2025, signed the Comprehensive Economic and Trade Agreement (CETA) under which 99 per cent of Indian exports will enter the British market at zero ...

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From roti to OTT: New inflation math tells story of new India

The January Consumer Price Index (CPI) print marked more than just a new inflation number. At 2.75%, inflation returned to the Reserve Bank of India’s target band, and under a revised data series with a new base year of 2024. On the surface, this was a routine statistical update which was long overdue given t...

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PM Narendra Modi: Budget picks capex over populism

Calling productive spending a hallmark of his government, Prime Minister Narendra Modi on Sunday said the just unveiled Union Budget deliberately avoided short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth. In an exclusive interview wit...

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MARKET & FINANCE

Mutual Funds industry adds over 7 million folios in January

Despite the equity markets navigating a period of turbulence, the latest data from the Association of Mutual Funds in India (Amfi) show that most of the leading fund houses (41 out of 50) have recorded an increase in their folio counts in January. Tata Mutual Fund, Nippon India Mutual Fund and HDFC Mutual ...

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Tokyo to Mumbai: The Japanese are pouring big money into India

Mizuho Bank Global CEO Masahiko Kato, speaking to ET recently (for the first time since the announcement of Mizuho’s acquisition of Avendus Capital in December) made a clear statement -- India has rapidly become the most promising destination for Japanese companies. “Our strategy is to build the India-Japa...

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Why increasing NRI equity investment limits to 10% is a game-changer for H-1B visa holders – CA explains

Finance Minister Nirmala Sitharaman on February 1 announced several key changes for non-resident Indians (NRIs) in the Budget 2026. The proposals aim to simplify investments and ease regulatory restrictions for the NRI community. One of the key changes include NRIs as well as other persons resident outside...

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Nod to Rs 1 lakh crore urban fund, Rs 10,000-crore startup boost

The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF) with a total central assistance of Rs 1 lakh crore, expected to leverage Rs 4 lakh crore in investments across India’s cities over five years under a market-linked programme. It also cleared the Startup India Fund of Funds 2.0 with...

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SIP inflows hit Rs 31,000 crore: Here is why your behaviour, not the market, is your biggest portfolio risk

The market has not crashed. There is no emergency policy announcement or any kind of global shock unfolding. Yet, Jasmine feels uneasy. Her diversified equity mutual fund is down 4.4%. A large-cap stock she bought last year has slipped below her purchase price. She tells herself that this is normal; market...

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GLOBAL CORPORATE

Volkswagen Plans to Cut Costs by 20% by End 2028, Manager Magazin Reports

Volkswagen plans to cut costs by 20% across all brands by the end of 2028, Manager Magazin reported on Monday. The business magazine reported that CEO Oliver Blume and finance chief Arno Antlitz presented a "massive" savings plan at a closed-door meeting with the company's top executives in Berlin in mid-J...

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INCOME TAX

Important PAN Card quoting changes: Draft income tax rules 2026 revises cash withdrawals & deposit, property transactions limits - check top details

Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the draft income tax rules that impact the way you pay income tax, withdraw cash, pay in cash etc. and the ...

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Form 16 to become Form 130, 26AS to become 168; Know the new names of important income tax forms after 31 March, 2026?

Starting April 1, 2026, several income tax forms like Form 26AS, Form 16, Form 13 and others will be renamed as the new Income Tax Act, 2025 will be effective from this date. Over time, names like Form 26AS, Form 16, and others became quite familiar to salaried employees, pensioners, senior citizens and ot...

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I-T Department speeds up refund processing amid multiple taxpayer complaints: Report

After weeks of delays that triggered widespread taxpayer complaints, income tax refund processing has gathered pace. According to a Moneycontrol report, professionals have indicated a sharp rise in payouts over the past 24 hours, particularly in high-value cases. The development comes after concerns over s...

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Banking

Credit growth at 12% beats 10% deposit rise in April-Jan

Bank credit growth continued to outpace deposit mobilisation this financial year, tightening system liquidity even as lenders step up loan disbursements. By Jan-end 2026, the incremental credit-deposit (CD) ratio had climbed to 96.9%, sharply higher than the outstanding CD ratio of 82.3%, indicating that bank...

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Foreign visitors can now use UPI in India: NPCI rolls out ‘UPI One World’ at AI Impact Summit 2026

International visitors attending the India’s AI Impact Summit 2026 in New Delhi will be able to make real-time Person-to-Merchant (P2M) UPI payments without an Indian mobile number or bank account. The National Payments Corporation of India (NPCI), the umbrella entity responsible for operating retail payme...

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GLOBAL ECONOMY

Japan's Economy Expands Annualised 0.2% in Q4, Below Forecast

Japan's economy eked out a slight expansion of an annualised 0.2% in the October-December quarter, government data showed on Monday, short of the median market forecast for a 1.6% rise. The growth in gross domestic product (GDP...

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UK Labour Reforms to Cut Hiring by One in Three Employers, Survey Shows

More than one in three UK employers plan to cut their hiring of permanent staff due to costs introduced by the government's labour law reforms, a survey showed on Monday. The Chartered Institute of Personnel and Development, a ...

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Yen Eases After Strong Week, Dollar Steady as Traders Weigh Rate Outlook

The Japanese yen dipped on Monday after strong gains last week on easing fiscal worries while the U.S. dollar was steady as soft inflation data bolstered the case for interest rate cuts from the Federal Reserve later this year. ...

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Morning Bid: Japan's Economy Could Do With Some Fire Horse Energy

A look at the day ahead in European and global markets from Wayne Cole. It's been a quiet start to the week with holidays in much of Asia - welcome, almost, to the year of the Fire Horse - and the United States. Japanese da...

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Uruguay Will Push Ahead With Pivot Away From Dollar Debt, Says Finance Minister

Uruguay will push ahead with shifting its government debt away from the dollar and seek the broadest trade ties possible as the Latin American nation looks to boost growth, the country's finance minister told Reuters. Gabriel O...

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Japan's economy limps back to scant growth in Q4, raises test for PM Sanae Takaichi

Japan's economy limped back to meagre growth in the fourth quarter, significantly missing market expectations in a key test for Prime Minister Sanae Takaichi's government as cost-of-living pressures drag on confidence and domestic...

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INDIAN CORPORATE

Bharat Electronics approves JV with Safran for HAMMER weapon system

Bharat Electronics (BEL) announced a joint venture with France-based Safran Electronics and Defense (SED) for Project HAMMER. The joint venture company will operate a Centre of Excellence. It will act as a technology partner f...

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Signature Global aims Rs 5,000 cr revenue from branded luxury housing project in Gurugram

Realty firm Signature Global plans to develop a branded luxury housing project in Gurgram with an estimated revenue of around Rs 5,000 crore, a top company official said. Signature Global Chairman Pradeep Aggarwal expressed con...

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BYD’s India push falters despite global EV dominance

China’s BYD has overtaken Tesla to emerge as the world’s largest battery electric vehicle (BEV) maker, selling around 2.25 million units globally in 2025. Yet in India, the world’s third-largest automobile market, the company’s pe...

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