Daily Current Affairs – February 22, 2026

SBI Research said a US court ruling invalidating the tariff structure could reshape global policy and reduce uncertainty, but create a complex interim phase where countries may adopt counter-intuitive negotiation strategies as final tariff authority rests with the US Congress.

Lula highlighted the rapid growth in economic ties between the two countries and the untapped potential. In 2006, bilateral trade was only about $200 million, which rose to $2.4 billion a few years later, and reached $15 billion last year. "I have with me possibly the biggest delegation of ministers, businesspeople of all the different trips that I have taken up until now, and this shows the commitment that I…

The direction came on February 21, 2026 after a recent data analysis by the CAG related to government pensions in Uttarakhand uncovered alleged irregularities, revealing that 1,377 people in the State were receiving double pension benefits

BKU’s Tikait faction seeks clarity from the govt. on the impact of the trade deal on farmers, takes on Jayant Chaudhary; concerns unfounded: RLD; khaps discuss direct and indirect impact of deal

The International Emergency Economic Powers Act’s half-century of existence has never witnessed the national emergency law being used by the Executive to such a distinct and sweeping extent

Nifty ended the week in a consolidative range, reflecting caution ahead of Monday’s open after the US Supreme Court verdict. Markets are watching for breakout momentum, with key sectors showing mixed relative strength. Investors should track resistance, support, and global cues for direction in the coming week.

New U.S. single-family home sales dipped 1.7% in December, yet builders reduced inventory, potentially enabling more construction starts. The supply of homes under construction reached a nearly 4-1/2 year low. Meanwhile, declining mortgage rates offer a potential boost to the housing market.

Bank holidays next week: In its official holiday calendar for the year, the RBI has listed nine holidays for banks in February 2026, including the weekend holidays for second Saturday, fourth Saturday, and all Sundays.

Since it is the third Saturday of the month, banks will remain open on February 21.

Mandhana played a match-setting 82 and, alongside Jemimah who contributed 59, forged a 121-run partnership that propelled India to 176 for 6 before the bowlers stifled Australia for 159 for 9.

South Africa will probably have a slight advantage in the fielding department. But if India get their boundary fielders right, then they will save useful runs and also take those difficult catches.