February 16, 2026

State Revenue Hits 72.87% of Budget Estimate with Fiscal Deficit Rising

State government revenue receipts stand at ₹2.07 lakh crore by January, just 72.87% of the budget estimate. Fiscal deficit reached ₹69,148 crore with tax revenues and excise duties underperforming.

February 16, 2026

UBS China Silver Fund Sparks Over 200,000 Investor Complaints After Abrupt Valuation Shift

UBS SDIC's silver fund hit by sharp losses after changing its price benchmark without warning. Over 200,000 investors in China complained as losses doubled overnight. The fund's planned compensation is yet to satisfy many.

February 16, 2026

India-US Officials to Finalise Interim Trade Deal Legal Text Next Week, Target March Signing

India's Commerce Secretary Rajesh Agrawal announced that Indian officials will visit the U.S. from February 23 to finalise the legal text for an interim trade agreement. The pact, expected to be signed in March, includes tariff reductions and mutual duty concessions between the two countries.

February 16, 2026

Pakistan Stock Exchange Drops 5,149.80 Points Amid Foreign Outflows and Political Noise

Pakistan Stock Exchange’s KSE-100 index fell by 5,149.80 points or 2.87%, driven by foreign sell-offs and rising political worries. Major stocks like K-Electric and Bank of Punjab saw big losses, while some small stocks gained. Market volatility soared as corporate results disappointed investors.

February 16, 2026

UK Consumer Confidence Hits 2-Year Low as Debt Rises and Spending Slows

UK households feel gloomy about money, with consumer confidence at its lowest in two years. Debts are rising and spending remains slow, warns S&P Global.