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India’s economic expansion has moderated to 7.8 per cent, yet the country continues to outpace other major economies, reinforcing its position as the fastest-growing large market amid a fragile global backdrop.

Official data released by the Ministry of Statistics and Programme Implementation showed that gross domestic product growth eased compared with earlier quarters, reflecting softer manufacturing momentum and uneven external demand. Even so, the figure places India ahead of the United States, China, Japan and the euro area, where growth rates remain significantly lower.

The government’s updated projections under the revised national accounts data series marginally lifted the full-year estimate for the financial year ending March 31. Growth for 2025/26 is now projected at 7.6 per cent, supported by strong domestic consumption, resilient services exports and sustained public capital expenditure. The revision follows adjustments in base year calculations and improved data capture across informal and digital sectors.

Finance ministry officials have maintained that macroeconomic fundamentals remain intact. Gross fixed capital formation has shown steady expansion, underpinned by infrastructure outlays in transport, railways and energy. Private sector investment has begun to recover after a prolonged period of balance sheet repair, although it has not yet matched the pace of public spending.

Manufacturing output, a key pillar of the government’s production-linked incentive schemes, displayed mixed trends. Electronics and pharmaceuticals recorded robust growth, aided by global supply chain realignments and incentives aimed at boosting exports. However, textiles and certain consumer durables segments faced headwinds from weaker global demand and inventory corrections.

Agriculture provided a stabilising force despite weather-related uncertainties linked to El Niño conditions earlier in the year. Official estimates indicate that foodgrain production remained broadly stable, while rural consumption showed gradual improvement following targeted welfare transfers and support prices for key crops.

Services continued to drive overall growth. Information technology exports, financial services and travel-related activity expanded steadily. The rebound in tourism and aviation, alongside strong digital payments growth, contributed to higher value-added in contact-intensive sectors. Data from the Reserve Bank of India indicate that credit growth has remained in double digits, reflecting demand for retail loans and working capital financing.

Inflation dynamics have been closely monitored. Consumer price inflation eased from earlier peaks but remains sensitive to food price volatility and global energy movements. The central bank has maintained a cautious stance, balancing price stability with growth objectives. Monetary policy decisions have focused on anchoring inflation expectations while ensuring adequate liquidity for productive sectors.

Global comparisons underscore India’s relative strength. The International Monetary Fund has projected growth in advanced economies at below 2 per cent, with China expected to expand at a more moderate pace compared with its historical averages. Analysts note that India’s domestic demand-led model offers insulation against external shocks, though it remains exposed to commodity price swings and geopolitical tensions affecting trade routes.

Fiscal policy has remained expansionary but calibrated. The government has reaffirmed its commitment to fiscal consolidation, targeting a gradual reduction in the deficit as revenue buoyancy improves. Tax collections have exceeded budgeted estimates in several quarters, aided by stronger compliance and digital tracking systems under the goods and services tax framework.

Labour market indicators present a nuanced picture. Urban employment has improved, particularly in construction and services, yet concerns persist regarding job creation in high-value manufacturing. Economists argue that sustaining growth above 7 per cent will require deeper structural reforms, including land and labour flexibility, skilling initiatives and streamlined regulatory processes.

Foreign direct investment inflows have fluctuated amid global capital reallocation, but India remains a preferred destination for long-term investors seeking exposure to a large consumer base and expanding digital infrastructure. Sovereign bond inclusion in global indices is expected to broaden the investor base and reduce borrowing costs over time.

External sector performance has been mixed. Merchandise exports faced pressure from slowing global trade volumes, while services exports and remittances provided offsetting support. The current account deficit remains manageable, supported by strong capital inflows and healthy foreign exchange reserves.

Corporate earnings trends indicate resilience across banking, infrastructure and select manufacturing firms. Equity markets have responded positively to growth data, though volatility persists amid global uncertainty. Rating agencies have acknowledged India’s stable outlook, citing prudent macroeconomic management and structural reforms.

With the rapid development of artificial intelligence, highly Autonomous Networks are becoming a crucial direction for the communications industry, and the importance of industry collaboration is increasingly prominent. To this end, the A2A-T protocol, including the IG1453 beta version and the enhanced prompt meta-model IG1453A, was jointly released by global telecommunications industry partners at the TM Forum Accelerate Week on February 6, 2026. It aims to provide a unified interaction framework for multi-agent collaboration, addressing challenges faced by operators in automated production, such as collaboration efficiency, reliability, and security.

As a standardized agent interaction protocol, A2A-T marks a new stage in agent interaction, unlocking three major industry breakthroughs: a revolutionary improvement in integration efficiency, reducing the system integration cycle from “months” to “days”. Breaking the boundaries of task collaboration to support complex cross-domain, cross-vendor workflows; and accelerating industry ecosystem convergence by lowering interconnection barriers through unified standards, fostering a sustainable collaborative ecosystem.

While standards chart the course for the industry, open source is the optimal path to achieve widespread interoperability and rapid innovation. In line with the evolutionary consensus of the Autonomous Network industry, Huawei is going to open source the core supporting software for the A2A-T protocol, to practically propel this standard from industry consensus to global deployment.

This open source project will encompass key components for implementing the A2A-T protocol, including:

• A2A-T Protocol SDK: Provides integration tools for standardized interaction between agents.
• Registry Center: Enables authentication, addressing, and skill management for multiple agents.
• Orchestration Center: Supports low-code/no-code visual workflow orchestration, with pre-built high-value solution packages.

More detailed information will be officially announced during MWC 2026 at the Global Autonomous Network Industry Summit​ (14:30~16:00, March 2, 2026, Sofitel Barcelona Skipper Hotel). We cordially invite global industry partners to attend the launch event on-site or follow the project’s progress through online channels, working together to promote the prosperity of the Agentic Internet.
Hashtag: #Huawei

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Despite the complex and ever-changing external environment, Mr Chan noted that Hong Kong’s financial market had performed strongly and the city’s financial system remains robust.

In 2025, Hong Kong ranked first globally for funds raised through initial public offerings.

“We will continue to consolidate our existing strengths, tap into emerging fields, strengthen market systems and risk control and deepen financial co-operation in the Greater Bay Area,” Mr Chan said. “By doing so, we will enhance Hong Kong’s role as an international financial centre on all fronts and contribute to the national strategic goal of ‘accelerating China’s development as a financial powerhouse’ “.

With Hong Kong being the world’s largest hub for offshore Renminbi (RMB) business, the Financial Secretary said the city would leverage its unique strengths and proactively align with national development strategies.

For advancing the internationalisation of the RMB, Mr Chan said Hong Kong would facilitate the wider use of RMB in activities such as trade and cross-boundary business; reduce transaction costs; enrich product offerings in the offshore RMB market; improve price discovery in the short-to-medium-term-interest-rate market; and attract high-quality issuers to increase RMB bond issuance in Hong Kong.

In 2025, the stock market delivered a stellar performance. The Hang Seng Index rose by 28 per cent over the year. The daily turnover surged by 90 per cent to a historic high of close to $250 billion (US$32 billion).

Mr Chan said the Hong Kong Exchanges and Clearing Limited (HKEX) would continue enhancing the securities market, attracting issuers and boosting market efficiency.

“We will also introduce the next stage of reforms, including enhancing the regulatory regime for listed companies, providing specific guidelines for overseas companies seeking secondary listing in Hong Kong, offering more overseas markets as recognised exchanges, and continuing to explore with the market the provision of an over-the-counter trading platform for delisted stocks or those requiring special handling.

“The electronic bond-trading platform will also be launched in the second half of this year, thereby reinforcing Hong Kong’s position as a global fixed income and currency hub,” he said.

To attract more family offices and funds to set up in Hong Kong, Mr Chan said Hong Kong would enhance the tax regime, including expanding the scope of “fund” to cover specific funds-of-one, as well as classifying digital assets, precious metals, and specified commodities, etc. as qualifying investments eligible for tax concessions.

Regarding the development of digital assets, the Government published the second policy statement for developing Hong Kong into a global hub for digital asset innovation through the establishment of a comprehensive regulatory framework.

A bill will be introduced this year to establish licensing regimes for, among others, digital asset dealing and custodian service providers.

“We will also explore the adoption of electronic signature for bond issuance documents and the digitalisation of bearer bonds,” Mr Chan said.

To promote the application of fintech and enhance the efficiency of the asset management market, the CMU OmniClear, a market infrastructure operator established by the Hong Kong Monetary Authority, will establish a digital asset platform this year. It will support the issuance and settlement of digital bonds. The platform will also be gradually extended to other digital assets and linked with other tokenisation platforms in the region, consolidating Hong Kong’s leading role in the realm of digital assets.

In order to build an international gold trading market in Hong Kong, Mr Chan said the Government would explore offering tax incentives for eligible institutions conducting gold trading and settlement in Hong Kong; assist the industry in setting up an industry-led trade association to consolidate resources, step up promotion, and foster ties with industry stakeholders from around the world; and help the industry keep abreast of the latest gold market developments, acquire relevant skills and develop a training framework.

Hashtag: #HongKong #BrandHongKong #Budget #International #Financial #Hub

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Plans Regional Operational Hub and Supports Local SME Trade Settlements

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 February 2026 – XTransfer, the World’s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has received conditional approval from Bank Negara Malaysia (BNM) for key payment licences, including issuing electronic money, as well as a Money Services Business Licence (Class A) covering remittance and currency exchange.

Upon completing the pre-issuance conditions and being permitted to launch, XTransfer plans to introduce digital payment services in Malaysia designed to support businesses, particularly small and medium-sized enterprises (SMEs) engaged in international trade. These services are intended to include streamlined onboarding, convenient funding options, efficient foreign exchange, and secure remittance and settlement experiences, with a focus on compliance, security, and operational reliability, helping Malaysian SMEs reduce friction in legitimate trade as they scale into regional and emerging-market corridors.

“Receiving conditional approval from Bank Negara Malaysia is an important milestone for XTransfer in the ASEAN region,” said Bill Deng, Founder and CEO of XTransfer. “We appreciate BNM’s guidance and oversight. We look forward to bringing Malaysian businesses compliant and efficient payment solutions that help trade move faster and more predictably, especially as intra-Asia and broader South–South trade routes continue to expand.

Malaysia is also central to XTransfer’s regional strategy, with a plan to establish Malaysia as its regional operational hub, serving as a strategic control centre within Southeast Asia, coordinating compliance, risk management, customer support, and global operations to ensure alignment with both local and Group-wide standards. “Malaysia gives us the talent, governance environment, and regional proximity to scaleacross the region,” Bill added.

Founded in 2017, XTransfer is dedicated to using technology to bridge large financial institutions and SMEs worldwide, providing secure, compliant, fast, convenient and low-cost cross-border trade payment and fund collection solutions. With more than 800,000 enterprise clients, XTransfer has become a global industry leader and continues to expand internationally to support trading companies worldwide.
Hashtag: #XTransfer #PaymentLicense #Malaysia #BankNegaraMalaysia #Crossborder #SMEs

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By K Raveendran The political sparring between Narendra Modi and Rahul Gandhi has entered a sharper and more consequential phase, with the balance of advantage appearing to tilt towards the Leader of the Opposition after an unexpected judicial intervention in the United States cast doubt on the durability of Donald Trump’s tariff regime. The rhetorical […]

The article Rahul Gandhi Making The Most Of Modi’s Tariff Blushes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

SINGAPORE – Media OutReach Newswire – 24 February 2026 – In the wake of Budget 2026 and Prime Minister Lawrence Wong’s announcement of a National AI Council to accelerate mission-driven artificial intelligence deployment, EtonHouse International Education Group has collaborated with OpenAI to roll out ChatGPT Edu across its global education network, establishing a secure, enterprise-grade AI workspace designed to strengthen governance, operational excellence and institutional capability.

The implementation spans the Group’s schools and education brands, including EBridge Pre-School, an Anchor Operator, extending AI integration beyond classroom experimentation into enterprise-wide infrastructure supporting operations, marketing and admissions, finance, human resources, school administration and technology development.

While education was not named among the initial priority sectors identified under Singapore’s national AI strategy, EtonHouse views schools as foundational to building long-term AI capability and literacy across society.

Governance-led AI deployment

The rollout has been structured around enterprise governance principles. Access is managed through role-based access controls, single sign-on authentication and automated provisioning, ensuring that AI tools and information remain aligned to defined job responsibilities and permission boundaries.

ChatGPT Edu operates within a centrally managed internal workspace governed by consistent policies across the Group. External sharing and third-party integrations are enabled only where explicitly approved and aligned with business requirements, reinforcing a secure and compliant AI environment.

This governance-first approach reflects a deliberate shift from isolated experimentation to structured, scalable adoption.

From classroom innovation to enterprise infrastructure

EtonHouse previously developed Lumina, its proprietary AI-powered lesson planning platform. The deployment of ChatGPT Edu represents the next phase of integration, extending advanced artificial intelligence capabilities into enterprise functions.

Within the secure workspace, teams can upload documents for structured analysis, generate comparative reports, conduct scenario modelling and retrieve institutional knowledge more efficiently. Technology teams are also leveraging Codex, OpenAI’s agentic coding tool, to enhance development workflows, supporting code drafting, review and testing while maintaining human oversight and established engineering standards.

The Group is concurrently developing internal AI assistants and structured workflows within defined governance parameters to streamline routine processes and standardise how knowledge is accessed and applied across departments.

Augmentation, not replacement

EtonHouse emphasises that artificial intelligence is being implemented as an augmentation layer rather than a substitute for professional judgement.

“Artificial intelligence is not a shortcut or a replacement technology. It is a learning infrastructure,” said Mr Ng Yi-Xian, Group CEO of EtonHouse International Education Group. “We are developing tools that help students learn more confidently, support teachers to plan and differentiate more effectively, and equip HQ teams to serve schools faster and with higher quality. AI should amplify good practice, not replace it, so we are building the governance and capability to deploy it responsibly at scale.”

The rollout will be supported by structured staff training alongside OpenAI experts clear usage guidelines and ongoing oversight to ensure transparency, responsible usage and alignment with internal policies and regulatory obligations.

“As Singapore advances its national AI ambitions, many institutions are working to bridge the gap between rapidly advancing AI technologies and their ability to deploy them effectively and responsibly. EtonHouse’s rollout of ChatGPT Edu shows how forward-thinking education organisations can translate AI into practical, trusted enterprise-wide systems that empower teams today, while building confidence for the long-term.” added Oliver Jay, Managing Director, International at OpenAI.

Education’s role in Singapore’s AI future

Budget 2026 outlined the formation of a National AI Council to guide coordinated deployment across priority sectors including advanced manufacturing, connectivity, finance and healthcare.

EtonHouse’s implementation reflects how education institutions can apply similar principles of governance, security and enterprise readiness, positioning schools not only as adopters of technology but as contributors to Singapore’s broader AI capability building.

With this move, EtonHouse signals a transition from exploratory AI usage to secure, scalable integration across its global network, reinforcing its commitment to innovation anchored in institutional discipline and responsible deployment.

Hashtag: #ArtificialIntelligence #EnterpriseAI #AIGovernance #AIDeployment #EdTech

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About EtonHouse International Education Group

In 2015, the EtonHouse Community Fund (ECF) was established, dedicated to enhancing the lives of underserved children and youth through education.

The Eton Academy was launched in 2020, providing English, Maths, and Science academic programmes for Nursery 1 to Primary 6 in centres across the island. Building on this success, The Eton Academy expanded in 2025 with the introduction of Elevate After School Care, offering primary school children a holistic, well-rounded after-school experience that complements their academic development.

EtonHouse International Education Group remains unwavering in its commitment to shaping futures and making a meaningful impact on the world through education.