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    Suspended LS MPs can't attend parliamentary panel meets, draw allowances
    UP: Five arrested for GST fraud, Rs 7.03 crore revenue loss unearthed in Etawah
    NABARD estimates priority sector credit potential of Rs 49,795.58 crore for J&K
    NABARD estimates Odisha’s priority sector credit potential at Rs 3.15 lakh cr for FY'27
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    Air India 787 fuel switch: Incorrect procedure may have led to issue; DGCA to look at other aspects
    Laddu row: CBI recommends action against TTD officials for 'omissions, failures' in tender terms
    India-EU FTA in final legal scrubbing stage, likely to come into force this year: EU envoy
    Exciting opportunity for both countries: US Trade Rep on India-US trade deal
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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.
February 3, 2026
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Aircraft wingtips touched at Mumbai airport; both planes grounded, safety checks and a regulatory probe are underway.
Right wingtips of two Airbus A320 aircraft touched while both were taxiing at Mumbai airport; both were grounded and returned to bays for technical and maintenance inspections, passengers were disembarked safely, and the civil aviation regulator deployed a team to investigate compliance with taxiway procedures and assess damage.
February 3, 2026
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Wingtips of two commercial aircraft touched at Mumbai airport; both planes grounded for DGCA inspection and passengers safe.
A Directorate General of Civil Aviation team attended after the wingtips of two Airbus A320 aircraft made contact at Mumbai airport; both planes were grounded and returned to the bay for inspection, with one aircraft sustaining wingtip damage and passengers reported safe.
February 3, 2026
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Tariffs on India reduced after agreement to curb Russian oil purchases and boost US imports.
US imposition of 25% tariff plus an additional 25% punitive duty on Indian purchases of Russian crude oil and military equipment aimed to change buyer behaviour; an announced reciprocal tariff reduction from 25% to 18% was linked to India agreeing to stop Russian oil purchases, reduce tariff and non tariff barriers to US goods, and commit to purchasing an additional USD 500 billion of US products, while a senator proposed legislation permitting punitive tariffs up to 500% on Russian oil purchasers.
February 3, 2026
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Air India 787 fuel control switch issue prompts DGCA review; procedural adherence and OEM checks required for safety.
DGCA's review found the left-engine fuel control switch intermittently failed to remain latched in RUN when light vertical pressure was applied and concluded the crew's operating procedure was apparently incorrect. The crew later verified the switch latched on a subsequent attempt, monitored engine indications, and completed the flight without abnormal parameters. DGCA advised Air India to circulate Boeing's recommended procedure, sent the suspect module for OEM checks, and directed fleet inspections and testing of pull-to-unlock force per Boeing guidance.
February 3, 2026
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Tirupati laddu ghee adulteration: officials face action for alleged tender relaxations enabling adulterated supplies during 2020-2023.
The CBI led SIT recommends administrative action against senior TTD officials and committee members for alleged deliberate omissions and failures in ghee procurement tender conditions that diluted quality safeguards, including reducing turnover eligibility and excluding experience criteria, enabling private dairies to win tenders and supply adulterated ghee during 2020-2023; it urges accountability, notes prior laboratory indications of adulteration, and records formation of a short tenure committee, hearing opportunities for concerned persons, and seeking Advocate General advice.
February 3, 2026
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India EU FTA undergoing legal scrubbing, both sides aim to conclude and bring it into force this year.
The India EU Free Trade Agreement is undergoing final legal scrubbing with both sides committed to concluding technical and legal reviews to enable signing and possible entry into force within the year. The deal is described as substantive and driven by complementary economic interests and private sector enthusiasm for supply chain integration and worker mobility. Concurrently, a Security and Defence Partnership will be followed by a Security of Information Agreement and defence industry cooperation to enable classified information exchange, co development, and deeper operational collaboration on maritime, hybrid, cyber and AI security.
February 3, 2026
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India US trade deal reduces reciprocal tariffs to 18% and secures Indian tariff cuts on agricultural, manufactured and chemical goods.
A bilateral trade arrangement sets a US reciprocal tariff of 18% on covered Indian imports while India agrees to reduce tariffs on agricultural products, manufactured goods, chemicals and medical devices; the deal retains a US tariff to address the trade imbalance and requires finalising implementing documentation and tariff schedules.
February 3, 2026
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Leader of the Opposition Rahul Gandhi protests being barred from speaking on national security in Lok Sabha.
The Leader of the Opposition protested being prevented from speaking on a national security matter after authenticating a document he sought to quote during the President's Address debate; he contends that authentication obliges the Chair to permit quotation and shifts responsibility to the government, and alleges the Speaker refused to allow him to speak at the behest of the government, invoking the Speaker's duty to protect members' speaking rights.
February 3, 2026
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India-US trade deal's tariff cuts prompt farmers' unions to warn subsidized US imports will harm domestic agriculture and strike.
A reported India-US trade agreement reduces reciprocal tariffs (noted as 18% from 25%) and signals further tariff liberalisation, prompting SKM to assert that tariff concessions and potential zero import duties on US agricultural goods will permit subsidized imports to flood Indian markets and devastate domestic agriculture; SKM announced coordinated protest actions. The government states that agriculture and dairy sectors will be protected and that a joint statement will set out the pact's detailed safeguards.
February 3, 2026
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India-US trade deal may undermine economic sovereignty; full agreement should be placed before Parliament and public.
The announced India-US trade agreement reducing reciprocal tariffs from 25% to 18% is criticised as threatening farmers, workers and domestic industry by removing tariff and non tariff protections; the Chief Minister demands the full agreement be placed before Parliament and the public and urges resisting provisions that compromise economic sovereignty, livelihoods and food security.
February 3, 2026
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India US trade deal reduces reciprocal tariffs to 18% and aims to boost growth, employment, and strategic cooperation.
The India-US trade agreement sets a reciprocal tariff benchmark by reducing reciprocal tariffs on Indian goods to 18 per cent, intended to lower trade barriers and improve market access. The announcement links the tariff commitment to broader aims of growth, employment, and enhanced strategic economic cooperation, while the public statements emphasize policy objectives rather than implementation details.
February 3, 2026
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India-US trade deal will aim to double bilateral trade and reach USD 500 billion in coming years.
The India-US trade agreement is expected to raise bilateral trade from about USD 212 billion toward USD 300 billion within a year and target USD 500 billion in coming years, while preserving negotiated safeguards for agriculture and dairy, granting India an 18% tariff treatment viewed as favourable to competitors, and, together with the India-EU pact, expanding market access for exporters and small industries into a larger high value global market.
February 3, 2026
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India-US trade framework cuts many US duties to 18% while excluding sensitive agricultural sectors and phasing other concessions.
The Indo US trade framework reduces many US import duties on Indian goods to 18% (from higher rates including 50% and certain 25% punitive tariffs) while preserving carve-outs for sensitive agricultural sectors such as dairy, rice, wheat, meat, poultry, cereals, GM foods, soymeal and maize. Implementation will include immediate eliminations in some areas, phased reductions in others, quota-based concessions for particular sectors, and is contingent on a joint statement and completion of technical steps. The pact pairs tariff concessions with reciprocal Indian purchases of US goods across energy, technology, aircraft and data centre equipment.
February 3, 2026
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India US trade pact reduces US tariffs to 18% with safeguards for agriculture and measures to boost labour intensive exports.
The India-US trade understanding reduces US tariffs on Indian goods to 18 percent while preserving agricultural and dairy safeguards to protect sensitive domestic producers, aims to boost labour intensive exports, and includes implementation modalities that may restrict certain energy imports as part of the concessions.
February 3, 2026
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US India trade agreement lowers tariffs to about 18% and expands market access while safeguarding domestic sectors.
The US India trade agreement lowers tariffs on Indian exports to around 18 per cent, expands market access, and aims to boost exporter competitiveness and investor confidence while incorporating domestic safeguards and balanced negotiated terms to protect key sectors and deepen bilateral economic cooperation.

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Sunstone Launches ALTA School of Technology - AI-First Computer Science Program

February 4, 2026

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New Delhi, Delhi, India (NewsVoir) In a bold move to redefine engineering education in India, Sunstone today announced the launch of ALTA School of Technology, an AI-First Computer Science program built to bridge the massive gap between traditional engineering education and real industry requirements. ALTA is the evolution of Sunstone Select, which was originally launched in 2023 as an experential engineering initiative by Sunstone. Over the past three years, Sunstone Select has successfully enrolled 600+ students across partner campuses, validating the need for a new-age, industry-aligned engineering model. Building on this proven foundation, the program now takes a sharper, future-ready identity as ALTA School of Technology. For more information: www.altaschool.tech Every year, over 1.5 million engineers graduate in India, yet less than 10% possess the hands-on skills required for AI-driven and product-based roles. ALTA is built to change that. “Sunstone Select showed us that students thrive when education is aligned with real industry practices. ALTA is the next evolution - AI-first, project-first, and future-first,” said Ashish Munjal, Founder of ALTA and Co-Founder & CEO of Sunstone. What Makes ALTA Different? ALTA is not a conventional UG Computer Science program. It is an AI-First, build-from-day-one Computer Science journey delivered in partnership with UGC/AICTE-approved institutes across India. From Coder to Hired - Built Into the Curriculum Unlike traditional colleges where placements are an afterthought, ALTA integrates career readiness into everyday learning through: • Competitive coding culture (LeetCode, ICPC, GSoC) • Mock interviews with MAANG mentors • Portfolio-driven hiring approach • 1000+ recruiting partners across product companies, startups, and unicorns​ Students at ALTA: • Get free access to GPT, Claude, Gemini and 15+ AI tools • Learn directly from MAANG engineers and industry practitioners • Build and deploy 20+ real projects with live users • Graduate with a GitHub portfolio stronger than a resume • Complete a 6-month internship before graduation • Unbox a MacBook on Day One Built on a Proven Foundation Since its launch in 2023, Sunstone Select has enrolled 600+ students and demonstrated how experiential learning, industry mentorship, and project-based outcomes can dramatically improve engineering readiness. ALTA carries forward this legacy with a more focused identity dedicated entirely to AI-driven Computer Science education. “Our vision is simple, match the right students with the right learning, tools, and mentorship so they graduate industry ready from Day One,” said Harshit Agarwal, alum of IIT BHU, ISB - Director - Program at ALTA. Scholarships & Nationwide Rollout Admissions are now open for the 2026 batch across partner campuses. Students can apply through the ALTA Scholastic Aptitude Test (A-SAT) and are eligible for scholarships up to 100% tuition support based on merit and performance. About ALTA School of Technology ALTA School of Technology is an AI-First engineering education initiative by Sunstone, designed to create India’s next generation of product engineers, AI builders, and tech founders through experiential, industry-aligned Computer Science education. Website: www.altaschool.tech Email: [email protected] Contact: 7065 333 888 (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI

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