February 13, 2026

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CUSTOMS

10
Feb

Notification No. 16/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

10
Feb

Notification No. 17/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

10
Feb

Notification No. 18/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

10
Feb

Notification No. 19/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

RBI

10
Feb

RBI/2025-26/204 (Delhi)
All Agency Banks to remain open for public on March 31, 2026 (Tuesday)

10
Feb

RBI/2025-26/205 (Delhi)
Voluntary Retention Route – Imparting predictability and increasing ease of doing business

10
Feb

RBI/2025-26/206 (Delhi)
Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026

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INDIAN ECONOMY

Goldman Sachs sees India's GDP growth at 6.9% in 2026, says US trade deal to add 20 bps

Goldman Sachs expects India’s economy to grow 6.9% in 2026 with the newly announced US trade deal adding an estimated 20 basis points to annual growth and helping unlock a delayed private investment cycle. The global brokerage forecasts real GDP growth of 6.8% in 2027 as well, arguing that easing financial...

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'India sharpening trade strategy to boost manufacturing competitiveness'

India is sharpening its global trade strategy to strengthen the competitiveness of its manufacturing industry through progress in trade engagements with the US and the EU, heavy industries and steel minister HD Kumaraswamy said at an Acma event on Tuesday. "On the trade front, India has adopted a calibrate...

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Trump calls India-US trade deal ‘historic’ as tariff cuts and coal exports take centre stage

US President Donald Trump on Wednesday described the newly concluded India–United States agreement as a “historic trade deal”, saying it would sharply expand American energy exports, particularly coal, while deepening bilateral economic ties. “America is now the number one energy producer in the world... W...

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India's agri export to US set to jump as 75% of export items now enjoy zero tariff: SBI Report

India's export to the United States on agricultural commodities is set to witness a significant jump as 75 per cent of such exports will now be at zero tariff, according to a report by SBI. The report said that India has a trade surplus of USD 1.3 billion in agricultural trade with the US. It noted that In...

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India-US trade deal: New Delhi's trade surplus with Washington may cross $90 billion within a year, says SBI Report

India's trade surplus with the United States may cross USD 90 billion annually, supported by a sharp rise in exports and higher import potential, according to a report by SBI. As per the report, Indian exporters may increase their exports of the top 15 items to the US by around USD 97 billion in a year. In...

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US softens claims on trade deal terms with India

The United States on Wednesday revised the factsheet on the trade deal with India released two days earlier, climbing down significantly on its claims about concessions wrested from New Delhi. The modification allayed apprehensions caused by the February 9 version of the factsheet, and gave more credence to t...

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Explainer: The prickly issues for farmers in the India-US trade deal

India agreeing to import a host of agricultural products from the United States under the interim trade deal has left a section of the farming community worried that more concessions could follow. That non-tariff barriers could perhaps be trimmed at a later stage is adding to the concerns, explains Sandip Das...

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Food’s weight in new CPI: a 9% point fall, two-thirds due to spending shift, the rest from item rejig

A new Consumer Price Index (CPI) series, using 2024 as the base year, is scheduled for release on Thursday. Ministry of Statistics and Programme Implementation Secretary Saurabh Garg spoke to Kuldeep Singh about the new series’ salient features. With the existing CPI series concluding and the new series c...

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MARKET & FINANCE

Long-term bonds lead JGB rally on PM Takaichi's 'responsible' stimulus pledge

Long-term bonds led a rally in Japanese government debt on Thursday, as investors were reassured by Prime Minister Sanae Takaichi's pledge to pursue "responsible" stimulus following her decisive electoral win. The yield on the 40-year Japanese government bond (JGB), , the market's longest tenor, fell 8 bas...

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Total return swap to transform market and attract global investors

Shailendra Jhingan, Head Treasury & Economic Research at ICICI Bank believes that the recently announced measures on corporate bonds marks a positive step, with the introduction of total return swaps a significant development for banks. Speaking with Christina Titus and Mahesh Nayak, Jhingan stated that the p...

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FPIs pump in $2.3 billion in February

After being net sellers for a long time, foreign portfolio investors (FPIs) seem to be making a comeback into the Indian market in February, though in a small way. The 11-day rolling data of FPI net investments in equities till Wednesday shows the highest inflow of $2.3 billion (Rs 20,034) crore since Oct...

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Inflows into multi cap funds decline for five months

The multi-cap fund category has seen a declining interest in the recent months. According to data from the Association of Mutual Funds in India, the net inflows in the category has declined consistently for five consecutive months – from Rs 3,560 crore in September 2025 to Rs 1,995 crore in January 2026. ...

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Mis-selling crackdown – RBI mandates 100% refund if your bank mis-sold you a policy

Bought an insurance policy you didn’t ask for? The Reserve Bank of India is finally stepping in with its new draft guidelines which could fundamentally change how banks are allowed to sell financial products to you. Here’s everything you need to know about what’s changing from July 1, 2026, and what it mea...

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GLOBAL CORPORATE

Meta Begins Construction of $10 Billion Indiana Data Center to Boost AI Capabilities

Meta said on Wednesday it was breaking ground on a $10 billion data center in Indiana, as it races to secure the massive amounts of computing power needed to support its artificial intelligence ambitions. The facility is designed to deliver 1 gigawatt of capacity once operational, the social media giant sa...

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McDonald's Beats Quarterly Global Sales Estimates as Value Bets Pay Off

McDonald's topped Wall Street estimates for fourth-quarter global comparable sales and profit on Wednesday, as meal deals and strong marketing promotions pulled in budget-strapped U.S. diners and demand held firm in Australia and Britain. Global same-store sales at the burger giant rose 5.7% in the three m...

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Boeing Sees Significant Supply Chain Quality Gains

Boeing has seen huge quality improvements in its commercial airplane supply chain over the last two years, an executive at the planemaker said on Wednesday. Boeing spends 40% fewer hours fixing problems from its supply chain now compared to 2024, Ihssane Mounir, Boeing senior vice president for global sup...

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China, Mexico Held Talks Amid Trade Tensions Over Tariffs

China's chief trade negotiator Li Chenggang met Mexico's Deputy Economy Minister Vidal Llerenas in Beijing on Monday, in the first face-to-face talks since Mexico imposed higher tariffs on Chinese imports, drawing warnings from Beijing. The two countries conducted in-depth exchanges on bilateral economic a...

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Exclusive-Foreign Cars Flow to Russia Through China, Skirting Ukraine War Sanctions

Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' commitments to exit the Russian market, according to registration data reviewed by Reuters and interviews with five people involved in the tr...

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Mercedes Flags More Margin Pressure Ahead, Tough Road in China

Mercedes-Benz said on Thursday that the profit margin at its autos division could fall further this year, indicating tough months ahead as the luxury carmaker grapples with high costs, a tough Chinese market and global tariffs. The premium German automaker is pinning its hopes on new product launches in th...

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Foreign cars exported from China to Russia, bypassing sanctions

Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often circumvent Western and Asian government sanctions and automakers' commitments to exit the Russian market, according to registration data reviewed by Reuters and interviews with five people involved in the tr...

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INCOME TAX

Net direct tax mop-up hits Rs 19.43 lakh cr, up 9.4%

Net direct tax collections for the current financial year rose 9.4% year-on-year to Rs 19.43 lakh crore as of February 10, reflecting steady growth in revenue mobilisation compared with the same period last year. The increase signals continued momentum in tax compliance and economic activity during the ongoin...

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Banking

India banking cash glut opens up arbitrage for lenders

The surge in India’s banking liquidity has opened up an arbitrage opportunity for lenders, enabling them to borrow cheaply and park the money with the central bank at a higher rate. Overnight money market rates have crashed after the Reserve Bank of India flooded the banking system with cash, with governme...

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GLOBAL ECONOMY

US Budget Deficit to Keep Growing Amid Trump Tax Cuts, Tariffs, CBO Forecasts Show

The U.S. budget deficit will grow slightly in fiscal 2026 to $1.853 trillion, the Congressional Budget Office forecast on Wednesday, showing that on balance, President Donald Trump's economic policies are worsening the country's f...

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Bank of Canada Policymakers See Fed Independence Threats Adding to Global Turmoil

The Bank of Canada's Governing Council members said threats to the independence of the U.S. Federal Reserve had added to the turbulence and uncertainty in the world, according to the summary of deliberations at their January meeti...

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US January Budget Deficit Falls to $95 Billion as Revenue Gains Outpace Spending Growth

The U.S. government posted a $95 billion budget deficit in January, down $34 billion or 26% from a year earlier as revenue gains including customs duties outpaced growth in outlays, the Treasury Department said on Wednesday. Ad...

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French Central Bank Sees First Quarter Growth of 0.2-0.3%

France's growth outlook picked up at the start of the year, with businesses reporting a firmer-than-expected rebound in activity and signalling that momentum should carry into the coming months, the central bank said on Wednesday....

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Pakistan's Proposed Power Prices to Lift Inflation, Help Industry, Analysts Say

Pakistan's new power price proposals will increase inflation and shift the International Monetary Fund-mandated (IMF) subsidy cuts onto middle-class households while easing pain for industries, analysts say. The plan, ending a ...

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Australia's Central Bank Will Raise Rates Again if Inflation Becomes Entrenched, Governor Says

Australia's central bank will raise rates again if inflation becomes entrenched, its governor said on Thursday, having just delivered the first rate rise in two years last week. Reserve Bank of Australia Governor Michele Bullo...

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Japan's Wholesale Inflation Slows, Weak Yen Pressures Import Costs

Japan's annual wholesale inflation slowed for a second consecutive month in January but yen-based import costs rose, highlighting the impact of a weak yen on prices and monetary policy. While wholesale price growth is expected ...

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US hiring soars past expectations as unemployment edges down

US job growth beat expectations in January while unemployment crept down, official data showed Wednesday, defying immediate concerns about labor market fragility on the back of President Donald Trump's economic policies. But re...

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INDIAN CORPORATE

Hindustan Aeronautics Q3 net profit rises 30% to Rs 1,867 crore; interim dividend of Rs 35 declared

Hindustan Aeronautics Limited (HAL) on Thursday reported a nearly 30 percent year-on-year rise in its consolidated net profit to Rs 1,866.7 crore for the October–December quarter of FY26, aided by higher deliveries against previou...

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Hindalco sees up to $1.6 billion impact from fire at unit's New York plant

Hindalco said on Wednesday the fire at the New York plant of its U.S. unit, Novelis, will hit the miner's 2026 cash flow by $1.3 billion to $1.6 billion, and that it aims to restart the mill toward the end of the second quarter. ...

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Rolls-Royce CEO calls on PM Modi, shares plans to be part of Viksit Bharat

Rolls-Royce CEO Tufan Erginbilgic on Wednesday met Prime Minister Narendra Modi and shared plans to scale up its activities in India to become a part of Viksit Bharat. "It was wonderful meeting Mr. Tufan Erginbilgic, CEO of Rol...

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Ashok Leyland post all-time high net profit of Rs 796 crore in Q3

Ashok Leyland reported its highest-ever quarterly net profit of Rs 796 crore in the third quarter, driven by strong growth across vehicle segments in domestic and export markets. The commercial vehicle major had posted a net profi...

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Britannia open to acquisitions in growth push: CEO

Biscuit major Britannia is open to acquisitions in its quest to build a more well-rounded food company that is “sharper, focused and relevant”, chief executive officer and managing director Rakshit Hargave said on Wednesday. Sp...

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Lenskart profit jumps more than 3x in Q3

Eyewear retailer Lenskart’s profit rose more than three-fold in the December quarter, driven by robust sales of eyewear, particularly to new customers. Net profit for the quarter rose 237% year-on-year to Rs 132.7 crore, while rev...

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Adani Power incorporates nuclear subsidiary, to hold 100% in Adani Atomic Energy

Adani Power has incorporated a new wholly owned subsidiary, Adani Atomic Energy, marking its formal entry into the nuclear energy space. Adani Atomic Energy has been incorporated with an authorised share capital of Rs 5,00,000,...

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HUL Q3FY26: Profit more than doubles to Rs 6,603 crore, labour code impact Rs 113 crore; shares plunge 3%

Hindustan Unilever (HUL) reported a 120% year-on-year (YoY) jump in its Q3FY26 net profit at Rs 6,603 crore from Rs 2,989 crore reported in its Q3FY25. This includes the profit from the Hindustan Unilever’s ice cream business w...

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COMMERCIAL LAW

FDI rules to reset: Investment in listed and unlisted firms to be treated on par

The government is examining a broad rationalisation of foreign direct investment (FDI) rules, covering listed and unlisted companies, company-level foreign holding caps, downstream investment norms, and pricing guidelines for cros...

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Policy amended to allow 20% FDI in LIC

The government has created a special window for Foreign Direct Investment (FDI) of up to 20% in Life Insurance Corporation of India (LIC) through changes in the FDI Policy. This FDI in LIC has been allowed through the automatic ro...

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