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    CCI approves acquisition of certain shareholding of Aadhar Housing Finance Limited (Target) by AXDI LDII SPV 1 LTD (Acquirer)
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February 4, 2026
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Acquisition of Aadhar Housing Finance 10.04% stake by AXDI LDII SPV 1 Ltd from BCP Topco VII approved.
Approval is recorded for the acquisition by AXDI LDII SPV 1 Ltd, an Abu Dhabi Global Market special-purpose vehicle, of a specified minority shareholding in Aadhar Housing Finance Limited from BCP Topco VII Pte. Ltd. Aadhar Housing Finance is a listed housing finance company registered with the National Housing Bank and registered as a corporate agent for insurance distribution; a detailed order will follow.
February 4, 2026
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High-speed rail investments and freight corridors in the 2026-27 budget aim to transform passenger travel and logistics efficiency.
The Union Budget 2026-27 increases capital allocations to accelerate network modernisation focused on high-speed connectivity, widespread electrification, station redevelopment, passenger safety upgrades and a 40 km underground, four line corridor linking the North East, alongside dedicated freight corridors to separate goods traffic and support a 3,000 million tonne freight loading objective.
February 4, 2026
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US-India trade deal cuts most Indian tariffs to 0% and lowers US tariff to 18%, expanding market access and standards recognition.
India will cut tariffs on a broad range of US industrial and agricultural products to zero for the vast majority of lines while retaining protection for certain sensitive sectors; the US will lower its reciprocal tariff on Indian imports to 18%. The agreement establishes a process to address non tariff technical barriers and to recognise certain US regulatory standards, and contemplates increased US exports of energy, technology and agricultural goods alongside sectoral exemptions and monitoring of energy sourcing.
February 4, 2026
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India-US trade deal reduces reciprocal tariffs and advances cooperation on supply chains and critical minerals.
Jaishankar and Bessent discussed advancing the bilateral economic partnership and strategic cooperation with emphasis on securing supply chains and operationalising cooperation on critical minerals. The talks were framed by a trade understanding to reduce reciprocal US tariffs on India from 25 per cent to 18 per cent and included discussion of aligning tariff and sanction-related policies affecting energy purchases and geopolitical considerations.
February 4, 2026
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India US cooperation on critical minerals and a reciprocal trade tariff reduction were welcomed and advanced.
India and the United States welcomed a reciprocal trade agreement and agreed to convene early meetings of mechanisms to operationalise cooperation on trade, energy, nuclear, defence and technology. They emphasised formalising bilateral cooperation on critical minerals exploration, mining and processing and committed to expanding bilateral and multilateral cooperation through the Quad. The inaugural Critical Minerals Ministerial aims to strengthen and diversify critical minerals supply chains to support technological innovation, economic resilience and national security.
February 4, 2026
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Rafah crossing reopened under security conditioned transit, allowing few medical evacuations while barring humanitarian imports.
The Rafah reopening established a security conditioned transit regime: Israel and Egypt jointly vet and screen small cohorts of medical evacuees and returnees, enforce strict baggage and escort rules, and prohibit importation of humanitarian goods, producing significant delays and throughputs far below announced allowances and limiting humanitarian access despite international calls to open the crossing as a functional humanitarian corridor.
February 4, 2026
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Iran-US negotiations sought amid a US shootdown of an Iranian drone and maritime security incidents.
Iran directed its foreign minister to seek negotiations with the United States while a US jet shot down an Iranian Shahed-139 drone near a carrier. Talks, tentatively supported by regional hosts such as Turkey and Oman, are expected to begin indirectly and focus on the nuclear issue, moving to direct talks if a deal becomes attainable. Concurrent maritime incidents, including alleged harassment of a US-flagged merchant vessel and US escort response, highlight security risks affecting the diplomatic process.
February 4, 2026
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Federal funding bill signed, ending a partial shutdown and temporarily funding Homeland Security for two weeks pending immigration talks.
President signed a roughly $1.2 trillion appropriations package that ends a brief partial federal shutdown by funding most agencies through September 30 while leaving Department of Homeland Security funding in place only for a two week period to compel further negotiations over immigration enforcement.
February 4, 2026
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EAM Jaishankar meets US Sec. of State; US-India agreement reduces reciprocal tariff from 25% to 18%.
External Affairs Minister S. Jaishankar met U.S. Secretary of State Marco Rubio in Washington before a Critical Minerals Ministerial, with Jaishankar holding additional meetings with senior U.S. officials. Concurrently, it was announced that India and the United States agreed to a trade arrangement reducing the reciprocal tariff from 25% to 18%.
February 4, 2026
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US-Iran tensions: planned talks risk collapse after US shoots down Iranian drone near carrier and maritime harassment.
Iran's president instructed the foreign minister to pursue fair and equitable negotiations with the United States, with Turkey and regional states positioned to facilitate talks; US officials acknowledged planned discussions but contemporaneous military incidents - an F-35C shooting down an Iranian Shahed-139 drone near a carrier and IRGC harassment of a US-flag merchant vessel - complicate scheduling and political willingness. Negotiation scope is contested, with US/Israeli demands on Iran's nuclear programme and Iranian advisers proposing phased, nuclear-focused indirect talks.
February 4, 2026
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House passage of $1.2 trillion spending package to end partial government shutdown; DHS funding extended short term.
The House passed a roughly $1.2 trillion appropriations package, 217-214, funding 11 of 12 annual bills through September 30 and sending the measure to the President, who has said he will sign it; the package includes a short-term funding patch for the Department of Homeland Security through February 13 while lawmakers negotiate changes to Homeland Security funding and enforcement operations.
February 4, 2026
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Fraudulent property sale: excise official arrested for using forged allotment letter to register and sell a Gurugram plot.
An excise department official is accused of obtaining a fake allotment letter and, in collusion with developer employees, registering a conveyance deed on that basis to transfer and sell a Gurugram plot; an FIR names multiple accused, bail was rejected for some, and the official was arrested to be presented for police remand in the ongoing criminal investigation into property fraud and forgery.
February 4, 2026
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House passes $1.2 trillion appropriations package to end partial government shutdown; DHS funding remains contested.
A House-passed roughly $1.2 trillion appropriations package (217-214) funds 11 of 12 annual appropriations bills, ending a partial government shutdown by financing most federal operations through the fiscal year and leaving Department of Homeland Security funding unresolved amid demands for enforcement restrictions.
February 4, 2026
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Helicopter technical snag delays Maharashtra minister's campaign flight; regulator grounded the Agusta 109 pending rectification of rotor link issue.
A post flight inspection by an Aircraft Maintenance Engineer revealed excessive play in the pitch operating link rod of a main rotor blade on an Agusta 109. The defect was flagged, the helicopter was not released for further flights, the operator informed the chartering agency, and subsequent sorties were cancelled pending rectification; the regulator issued a precautionary grounding note.
February 4, 2026
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Iran-US negotiations: Iran's president orders foreign minister to pursue fair, conditional talks amid rising tensions.
The president instructed the foreign minister to pursue fair and equitable negotiations with the United States provided a suitable environment free from threats and unreasonable expectations; talks, potentially facilitated by regional states, would initially be indirect, focus solely on nuclear issues, and face complicating security incidents such as the U.S. shooting down an Iranian drone and substantive disputes over uranium enrichment and related demands.
February 4, 2026
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Suspended Lok Sabha MPs barred from House access and allowances during suspension period and committee participation.
Suspension excludes members from entering the chamber, lobbies and galleries; from committee sittings; from listing business or tabling notices; and from voting in committee elections during the suspension period, and suspensions covering the remainder of a session also forfeit entitlement to daily allowance because the stay cannot be regarded as residence on duty.
February 3, 2026
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GST fraud uncovered in Etawah: shell firms issued fake invoices to illegally generate and transfer input tax credit, triggering a probe.
An organised racket in Etawah allegedly used shell firms and fake tax invoices to generate and transfer input tax credit without supply, causing an estimated Rs 7.03 crore GST revenue loss; a special team analysed call data, GST portal activity, banking transactions and questioned accountants to trace registrations, commissions paid for passing on illegal input tax credit, and follow the money trail.
February 3, 2026
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NABARD priority sector credit potential for Jammu and Kashmir: Rs 49,795.58 crore aims at last mile inclusion.
NABARD projects Rs 49,795.58 crore as priority sector credit potential for Jammu and Kashmir for 2026-27 and positions the Potential Linked Plan (PLP) as the guiding instrument to direct credit flow. The strategy prioritises last mile inclusion, universal Kisan Credit Card coverage, a shift to commercially viable agriculture through infrastructure, processing and term lending, strengthening FPOs and Rural MSMEs, and sectoral support for horticulture, handloom and handicrafts, wool processing, fisheries, and decentralised tourism, supported by collaborative planning and delivery tools like micro ATMs.
February 3, 2026
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Odisha priority sector credit projected at Rs 3.15 lakh crore for FY27; MSMEs and agriculture lead.
NABARD projects Odisha's priority sector credit potential at Rs 3.15 lakh crore for FY2026 27, up from Rs 2.52 lakh crore, with MSME financing at Rs 1.52 lakh crore and agricultural credit at Rs 1.14 lakh crore; the balance covers housing, education, renewable energy, social infrastructure, export credit and others. The State Focus Paper released at the credit seminar stresses stakeholder mobilisation and readiness of banks to deliver the enlarged credit targets in support of the state's Vision 2036.
February 3, 2026
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US stock market slips as gold and silver rebound amid interest-rate expectations and commodity-driven volatility.
No regulatory action is addressed; the piece reports that US equity benchmarks fell in mixed trading while gold and silver rebounded strongly after a recent sell-off. Tech giants and company-specific earnings and leadership changes drove notable stock moves, and analysts linked recent commodity momentum shifts partly to interest-rate expectations tied to prospective central bank leadership. International markets also staged recoveries from prior losses.

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Tilfi, Presenting Partner for the Young Collectors’ Programme, Unveils “Avimukta: The Never Forsaken”

February 4, 2026

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31 January – 8 February 2026 | Triveni Kala Sangam New Delhi, February 2026: Tilfi, the distinguished Banaras-based textile and metal craft atelier, is the Programming Partner for the Young Collectors’ Programme (YCP) 2026 and unveils Avimukta: The Never Forsaken, a monumental, site-responsive sculptural installation on view from 31 January to 8 February 2026 at Triveni Kala Sangam, New Delhi.

The Young Collectors’ Programme, one of the most dynamic initiatives within the India Art Fair ecosystem, takes over Triveni Kala Sangam as its central hub in 2026, coinciding with the institution’s 75th anniversary. Conceived as a platform for new audiences to engage with contemporary art, YCP brings together exhibitions, talks, workshops, and interdisciplinary programming, nurturing the next generation of collectors and cultural patrons.

Tilfi’s role as Programming Partner reflects a shared philosophy with YCP — one rooted in continuity, mentorship, and long-term cultural stewardship. Known for its uncompromising dedication to handwoven Banarasi textiles and artisan-led metal craft, Tilfi’s partnership underscores its belief in supporting emerging voices while grounding contemporary practice in inherited knowledge systems.

Unveiled as part of this collaboration, Avimukta: The Never Forsaken emerges from Tilfi’s sustained engagement with the crafts and material vocabularies of Varanasi, a city understood through lived belief as one that is eternally held and never relinquished. Avimukta refers not only to a place, but to an ethic — of holding on to materials, to skills, and to ways of knowing that resist erasure.

At its core stands a towering sculptural form clad in an assemblage of handwoven silk and zari remnants — fragments drawn from the margins of the making process, too intricate and too considered to be discarded. Re-contextualised into a singular form, these textiles shift from the peripheral to the monumental, positioning craft as both inheritance and continuum. The surface becomes a reading of material memory, where each fragment carries traces of skilled hands and inherited wisdom.

In dialogue with this textile-clad pillar is a repoussé metal artwork titled Contours of Kashi, meticulously hammered by hand on brass sheets. Tracing the skyline and spatial rhythms of the city, the metal panel introduces depth and layered relief, bearing the gentle irregularities of handwork. Together, textile and metal speak a shared tactile language — bound by zari’s subdued shimmer and a philosophy of mindful making.

Speaking on the partnership, Aditi Chand, Co-Founder, Tilfi, said: “This collaboration allows us to bring craft-led thinking into a contemporary art context that values curiosity, learning, and long-term engagement. Through Avimukta, we wanted to create a work that invites reflection on continuity — on how materials, skills, and cultural memory can be carried forward through new forms and audiences.” Standing at the intersection of tradition and contemporary expression, Avimukta: The Never Forsaken embodies Tilfi’s commitment to material responsibility, artisan-led processes, and a living continuum of craft — one that honours the past while remaining deeply present.

About Tilfi Tilfi is a Banaras-based textile and metal craft atelier known for its proprietary handwoven silks, intricate zari work, and repoussé metal art. Rooted in generations of artisanal knowledge, Tilfi’s practice foregrounds material integrity, mindful production, and long-term collaboration with master craftsmen, positioning heritage as a living, evolving practice.

About the Young Collectors’ Programme (YCP) The Young Collectors’ Programme is an initiative of India Art Fair designed to cultivate new audiences for contemporary art in India. Through exhibitions, learning programmes, studio visits, and interdisciplinary conversations, YCP fosters engagement, mentorship, and access for the next generation of collectors and cultural patrons.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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