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INDIA NEWS | Tue, 10 Feb 2026, 1:08AM IST Bangladesh has secured a reduced 19% US tariff under a trade agreement signed between the two countries on Monday, granting exemptions for some textiles and garments manufactured with US material.Muhammad Yunus, chief advisor heading Bangladesh's interim government, said Washington had "committed to establishing a mechanism for certain textile and apparel goods from Bangladesh using US-produced cotton and man-made fiber to receive zero reciprocal tariff in (the) US market."The White House said Bangladesh had agreed to provide significant preferential market access for US industrial and agricultural goods, including chemicals, medical devices, machinery and motor vehicles and parts, soy products and dairy goods, beef, poultry, tree nuts and fruit.Bangladesh will also ease non-tariff barriers by accepting US vehicle safety and emissions standards, recognising US Food and Drug Administration certifications and removing import restrictions on remanufactured goods, the White House added.The nations also noted recent and upcoming commercial deals including aircraft procurement, around $3.5 billion in purchases of US agricultural products, and an estimated $15 billion in US energy product purchases over 15 years.Yunus said the agreement followed nine months of negotiations that began in April last year.Bangladesh also pledged to uphold internationally recognized labour rights and strengthen environmental protections. The South Asian nation in August had secured a reduction in US tariffs on its exports to 20%, down from 37% initially proposed by Washington, offering much-needed relief to the nation's apparel exporters.The readymade garments sector is the backbone of Bangladesh's economy, accounting for more than 80% of total export earnings, employing about 4 million workers and contributing about 10% to gross domestic product.Bangladesh goes to the polls on Thursday to elect new leadership after being governed by an interim government since August 2024, when former Prime Minister Sheikh Hasina fled to India, where she remains.

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INDIA BUSINESS | Tue, 10 Feb 2026, 1:02AM IST India's banking sector outlook is stable. Moody's Ratings projects low non-performing assets. Robust economic growth will support the sector's fundamentals. Profitability is expected to remain stable. Loan growth will align with deposits. Banks are well-capitalised. Strong economic growth will support asset quality.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 10 Feb 2026, 1:02AM IST The promoter group is looking to raise about 2,000 crore through a combination of promoter-level borrowing and debt at the operating company, according to people familiar with the discussions.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:56AM IST Areion Group secured the winning bid for Aviom India Housing Finance. Secured lenders unanimously backed Areion's Rs 936-crore offer. This plan offers lenders a recovery of about 65%. Unity Small Finance Bank had placed a higher bid but with conditions. Lenders preferred Areion's unconditional offer for certainty of recovery.

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GLOBAL NEWS | Tue, 10 Feb 2026, 12:53AM IST The unions representing pilots and flight attendants have in recent days publicly criticized American for falling behind Delta Air Lines and United Airlines.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:53AM IST Amid a wave of rising AI-generated frauds, banks and regulators are responding with strengthened security controls, multi-factor authentication, real-time fraud-monitoring systems and customer awareness campaigns. As a customer protection measure, the RBI in its February Monetary Policy announced compensation of up to Rs 25,000 for small-value payment frauds if the customers are genuinely cheated.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:51AM IST The National Housing Bank is pushing housing finance companies to lower lending rates for customers. However, these companies plan to wait until April for their internal benchmarks to be reset before making significant rate cuts. Some lenders have already made minor reductions. This move aims to pass on reduced borrowing costs to existing borrowers.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:44AM IST Tata Sons chairman N Chandrasekaran expressed optimism about India's trade deals with the EU, UK, and US, foreseeing significant opportunities. He spoke at the inauguration of Tata Motors and Jaguar Land Rover's integrated manufacturing plant in Tamil Nadu, which will produce 300,000 vehicles annually, including electric models and high-end vehicles like the Range Rover Evoque.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:41AM IST European steel prices are expected to increase significantly in the coming years. New carbon emission regulations and tariffs are driving this structural shift. Tata Steel sees improved profitability in its Netherlands operations due to these changes. The company anticipates positive developments for the UK steel industry soon. Tata Steel's Indian operations continue to grow robustly.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:39AM IST The Supreme Court has issued a swift order for the Gujarat Pollution Control Board to review Piramal Pharma's appeal to reactivate its Dahej manufacturing site, which was closed due to serious allegations related to hazardous waste management. The firm sought interim relief but was turned down by the court.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:28AM IST Impresario Entertainment & Hospitality, owner of Social and Smoke House Deli, is in talks to acquire several mid-sized restaurant chains to scale up ahead of a proposed public listing. The company, majority-owned by India Resurgence Fund, aims to consolidate its position in the competitive food and beverage industry.

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INDIA MARKET | Tue, 10 Feb 2026, 12:23AM IST It was clear that the country would withdraw the call after Bangladesh Cricket Board chief Aminul Islam issued a statement urging Pakistan to take the field for the greater good of the game.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:21AM IST The Indian government is urging states to finalize power sale agreements for renewable energy projects. This initiative aims to help states meet their renewable purchase obligations. Around 43.9 GW of capacity awaits these agreements for quick implementation. Discussions are ongoing with about 15 states falling short of their targets. This move is crucial for India's ambitious 2030 renewable energy goals.

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INDIA MARKET | Tue, 10 Feb 2026, 12:16AM IST Bangladesh had refused to travel to India for the ongoing mega-event citing security worries and were replaced by Scotland.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:12AM IST India's hospitality sector demonstrated remarkable resilience in 2025, overcoming geopolitical challenges and adverse conditions to achieve sustained growth. Hotels saw significant increases in occupancy, average daily rates, and revenue per available room, driven by a substantial addition of new rooms and strong domestic travel demand.

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INDIA NEWS | Tue, 10 Feb 2026, 12:12AM IST New Delhi: India's hospitality sector sustained its growth momentum in 2025 despite geopolitical challenges such as Operation Sindoor and the West Asia conflict, besides adverse weather conditions and the IndiGo airline crisis.Hotels performed strongly across the key benchmarks of occupancy growth, average daily rates, and revenue per available room growth, showed the India Hotel Market Review 2025 report by industry tracker Horwath HTL.The year saw the largest-ever supply addition, with openings and conversions crossing 19,000 rooms, and net inventory growth of 15,500 rooms. Occupancy rate increased by 1.1 percentage points to 64%, while average daily rate rose 8.6% to 8,624, giving revenue per available room growth of 5,522, up 10.8%.128127626As per report, 45% of branded room inventory is currently owned or managed by companies listed in India. "2025 was also a qualitatively better year as we had challenges coming up every quarter, but the hospitality industry demonstrated the confidence, strength and resilience to handle them," said Vijay Thacker, MD of Horwath HTL India. Existing announcements by chains peg the supply addition at 25,000-28,000 rooms in 2026, though, Thacker said, realistically, it should be in the range of around 20,000. Average occupancies are expected to remain in the mid-to-high 60s for the coming several years."When you look at the big business cities, occupancies can go up to 80-85%," said Thacker. "But, a lot of new supply is coming into tier-2 and tier-3 markets, and other leisure markets. They are seasonal, and often, weekday dependent business markets."Shwetank Singh, MD at Chalet Hotels, said India's GDP growth, demographic dividend, the demand supply gap, and a mindset shift of travellers that leads them to taking more frequent breaks bodes well for the sector.Greater participation by listed firms is a healthy development as it implies higher governance standards, capital discipline, and transparency, said Ranjit Batra, CEO of Ventive Hospitality. Domestic travel will continue to be the primary demand engine, led by leisure, meetings, incentives, conferences, and exhibitions (MICE), and weddings, while supply is expected to remain below demand levels in key markets, enabling strong pricing power, said Nikhil Sharma, MD and COO (South Asia) at Radisson Hotel Group."With rising household incomes, improved connectivity and corporate decentralisation, emerging cities are also expected to see stronger revenue per available room growth compared to metros," he said. Parveen Chander Kumar, EVP, commercial, at IHCL, said domestic travel sustained the momentum last year and the current quarter has been going well considering high-profile visits, summits and weddings.

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INDIA BUSINESS | Tue, 10 Feb 2026, 12:02AM IST The government is actively seeking a new chief for the Aircraft Accident Investigation Bureau (AAIB) as the current director general retires in June. Alongside this, 23 new officials are being hired to strengthen the agency. This move comes amid intense scrutiny of AAIB's performance following last year's fatal Air India crash, with concerns raised about communication and transparency.

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INDIA NEWS | Mon, 9 Feb 2026, 11:45PM IST New Delhi: A new study published in 'The Lancet Regional Health' says that glycated hemoglobin (HbA1c), a laboratory test commonly used in India for detecting type-2 diabetes, may not accurately reflect blood glucose levels. This suggests that it could misrepresent the true burden of diabetes in the country.The problem is higher in regions with high prevalence of anemia, hemoglobinopathies and red blood cell enzyme (G6PD) deficiency, according to the study."Relying exclusively on HbA1c can result in misclassification of diabetes status," said professor Anoop Misra, corresponding author and chairman of Fortis C-DOC Centre of Excellence for Diabetes. "Some individuals may be diagnosed later than appropriate, while others could be misdiagnosed, which may affect timely diagnosis and management. Similarly, monitoring of blood sugar status may be compromised." The review is based on extensive data and questions the reliance on HbA1c as a sole diagnostic or monitoring tool for type-2 diabetes in South Asia.128126662HbA1c measurements primarily reflect the glycation of hemoglobin."Any condition that affects the quantity, structure or lifespan of hemoglobin-such as anemia, hemoglobinopathies, or other red blood cell disorders-can distort HbA1c values and lead to misleading estimates of average blood glucose," it said.Shashank Joshi, co-author from Joshi Clinic, Mumbai, said, "Even in well-resourced urban hospitals, HbA1c readings can be influenced by red blood cell variations and inherited hemoglobin disorders. In rural and tribal areas, where anemia and red cell abnormalities are common, the discrepancies may be greater." According to the Lancet, in some regions of India--more than 50% of the population in some regions, as per data from 2025--people are nutritionally challenged with widespread iron deficiency anemia, which can distort HbA1c readings."This would affect both diagnosis and monitoring, thus misleading clinicians," said the study, adding that reliance on HbA1c alone could delay diagnosis by up to four years in men with undetected G6PD deficiency, potentially increasing risk of complications.It also said that inconsistent quality control across laboratories can further affect HbA1c accuracy, making correct diagnosis challenging."Public health surveys based solely on HbA1c may misrepresent India's diabetes burden," said the Lancet study.The authors have outlined a resource-adapted framework for India. According to them, in low-resource settings, oral glucose tolerance test (2 glucose values, one fasting and another two hours after ingesting 75 gm of glucose) is recommended for diagnosis, and for self-monitoring of blood glucose (SMBG, using glucose metres) two-three times weekly combined with basic hematologic screening (hemoglobin, blood smear) is recommended, they said in the report.

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