General Awareness

BUSINESS AND ECONOMY - July 2025

Jul 2025

Feb 12, 2026

Economic Survey 2025–26 Highlights Public Health and Economic Linkages

New Delhi, 10 February 2026 — The Economic Survey 2025–26 warns of rising obesity, diabetes, mental health issues, and digital addiction as mounting public health challenges, even as maternal and child health improves. The document stresses a stronger link between health outcomes and workforce productivity, urging investments in digital health, hospital infrastructure, and preventive care. It also notes gains in health indicators over past decades while cautioning about lifestyle risks. The survey’s recommendations aim to sustain economic growth by strengthening the health system and aligning health policy with macroeconomic priorities.

Survey flags obesity, diabetes, digital addiction
Emphasises health–economy link and productivity
Advocates digital health and hospital infrastructure
Notes progress in maternal and child health
Calls for policy alignment with macroeconomy

Two EY India Partners Promoted to Global Roles

Mumbai/London, 12 February 2026 — EY Global has promoted two senior partners from EY India to global leadership roles amid expanding regional growth. Ram Sarvepalli, formerly head of EY India’s consulting practice, is named deputy global managing partner‑client service. Ajay Arora, EY India’s M&A leader, becomes global M&A leader for EY’s transactions and corporate finance practice. The moves reflect EY’s strategy to leverage India’s growing professional services talent in global leadership positions, as cross‑border deals and digital transformation services continue to rise in importance for multinational clients.

Two EY India partners promoted to global roles
Ram Sarvepalli: deputy global managing partner‑client service
Ajay Arora: global M&A leader for transactions & corporate finance
Shows EY India leadership in global network
Linked to rising cross‑border deals and growth

Feb 11, 2026

India Named Country of the Year at BIOFACH 2026

India has been designated the Country of the Year at BIOFACH 2026, the world’s leading trade fair for organic products. The event runs from 10 to 13 February 2026 in Nuremberg, Germany. India’s participation is led by Agricultural and Processed Food Products Export Development Authority (APEDA), with a large-scale and high-impact presence. The designation recognises India’s expanding organic sector and its position as a reliable supplier of high-quality organic foods. BIOFACH brings together buyers, policymakers, certification bodies and producers from around the world, highlighting India’s growing role in the global organic movement.

BIOFACH 2026 held in Nuremberg, 10–13 February
India named Country of the Year
APEDA leads India’s high-impact participation
Recognition of India as a major organic supplier
Event gathers global organic industry stakeholders

WHX Opens in Dubai, Highlighting India’s Global Healthcare Footprint

World Health Expo (WHX) 2026 opened at Dubai Expo City, reinforcing Dubai as a hub for healthcare collaboration. The event attracts more than 235,000 professionals from over 180 countries and territories. Indian participation is led by EEPC India, PHARMEXCIL, the Federation of Indian Export Organisations, CII and ASSOCHAM, with 97 Indian companies taking part. The expo aims to showcase capabilities in healthcare, pharmaceuticals and medical technologies, and to foster partnerships, investment and knowledge exchange between Indian firms and international buyers.

WHX 2026 opened in Dubai Expo City
Event draws 235,000+ professionals from 180+ countries
India’s participation led by multiple industry bodies
97 Indian companies present
Focus on healthcare, pharma and medical tech collaboration

Feb 10, 2026

RBI approves Vijay Anandh as City Union Bank CEO

The Reserve Bank of India approved the appointment of R Vijay Anandh as the next Managing Director and Chief Executive Officer of City Union Bank, marking a leadership transition at one of India's older private lenders. The RBI conveyed approval through a letter dated 9 February 2026. Anandh will assume charge as MD and CEO for a period of three years from 1 May 2026, subject to shareholders’ approval and regulatory norms. The bank faces heightened regulatory scrutiny amid evolving financial conditions, making leadership appointments closely watched by investors. The announcement underscores the RBI’s role in grooming chief executives for growth and governance.

RBI approval dated 9 February 2026 for Vijay Anandh as MD&CEO
City Union Bank leadership transition; three-year term from 1 May 2026
Subject to shareholders' approval and norms
Regulatory scrutiny context for private banks
RBI role in grooming bank leadership

Feb 09, 2026

Kotak Mahindra Bank issues India’s first fully digital FPI licence

Kotak Mahindra Bank announced that it has become the first custodian in India to issue a Foreign Portfolio Investor (FPI) licence and complete the onboarding using electronic signatures. The bank has already issued two FPIs with digitally signed documents, and SEBI has operationalised a unified digital workflow in January 2026. The move is expected to speed up overseas investment, reduce paperwork and improve data security for FPIs. Market participants say the digital onboarding framework could set a precedent for other custodians and asset managers, accelerating foreign investment flows into India’s markets.

Milestone: first fully digital FPI licence by Kotak Mahindra Bank
Process: onboarding via electronic signatures; two licences issued digitally
Regulatory context: SEBI digital workflow operational in January 2026
Impact: faster onboarding, reduced paperwork
Industry implication: potential standard for custodians

Feb 07, 2026

Nepal Buildcon International Expo kicks off in Kathmandu

The 11th Nepal Buildcon International Expo began in Kathmandu, a four-day event at Bhrikutimandap. The expo gathers professionals from Nepal, India, China, Germany, the United Kingdom and others to showcase construction products and services. Exhibitors present building materials, equipment, electrical systems, home automation, architectural glass and safety solutions, creating a B2B platform across the construction lifecycle. Indian firms highlight Made in India products and dialogue on technology transfer, design and sustainability. The expo aims to boost industry ties, share best practices and accelerate regional construction projects in the South Asia region. (Sources: Nepal Buildcon showcases; Kathmandu event coverage, February 2026.)

11th edition of Nepal Buildcon International Expo in Kathmandu.
Four-day event at Bhrikutimandap; international participation.
Participants include Nepal, India, China, Germany, UK, and others.
Focus on building materials, machinery and home automation.
Platform for B2B interactions and cross-border collaboration.

Rakesh Chhabra elected President of FISME for 2026–27

The Federation of Indian Micro and Small & Medium Enterprises (FISME) announced Rakesh Chhabra as President for 2026–27. Chhabra leads Choudhry Enterprises, a major automotive components supplier, and has decades of experience in MSME development and policy engagement. He has worked with MSME institutions and industrial associations across India, advocating for manufacturing clusters and policy support. His presidency is expected to push MSME growth, financial access and export competitiveness through collaborative industry programs and policy dialogue with government agencies. The selection reflects FISME’s focus on MSME resilience amid evolving market conditions. (Sources: FISME announcements; industry reports, February 2026.)

Rakesh Chhabra elected President of FISME for 2026–27.
Chhabra leads Choudhry Enterprises, automotive components maker.
Decades of experience in MSME policy and cluster development.
Focus on MSME growth, finance access, and policy engagement.
Role involves coordinating with industry bodies and government.

Mindteck appoints Karim Dhanani as CEO for three-year term

Mindteck (India) Limited appointed Karim Dhanani as Chief Executive Officer for a three-year term, effective 6 February 2026, subject to employment visa and shareholder approvals. Dhanani currently leads Mindteck Inc., USA, bringing over 30 years of experience in strategic solutions and financial planning. He has worked with RGP, Assurant and AIG. The company also restructured its Nomination and Remuneration Committee, naming Keyuri Singh as Chair and adding four other members, effective 7 February 2026. The leadership changes align with Mindteck's growth and governance plans as it expands its global client base. (Sources: Mindteck press releases; regulatory filings, February 2026.)

Karim Dhanani appointed CEO for a 3-year term from 6 February 2026.
Dhanani previously leads Mindteck Inc., USA; 30+ years experience.
Mindteck reorganised its Nomination and Remuneration Committee.
Keyuri Singh appointed Chair; other members named.
Approval and visa clearance remain pending for final appointment.

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