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February 5, 2026
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India paid USD 35.18 million to the UN Regular Budget for 2026, meeting the 30-day payment deadline.
Payment of USD 35.18 million by India to the UN Regular Budget for 2026, made on February 3, 2026, was effected within the 30-day due period set by UN financial regulations and was reported by the Committee on Contributions among 47 Member States that paid their regular budget assessments in full and on time.
February 5, 2026
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DHFL entitled to statutory immunity under IBC after approved resolution plan; individuals remain prosecutable for prior offences.
The IBC confers statutory immunity on a corporate debtor when an approved resolution plan satisfies the insolvency-law conditions, extinguishing the corporate entity's criminal liability for prior offences; this immunity does not cover former officers or directors who remain prosecutable for involvement in pre CIRP offences.
February 5, 2026
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India must strengthen its economy, expand trade share, and pursue strategic autonomy to secure global influence and resilience.
Economic strength determines diplomatic leverage; low shares in global merchandise and services trade limit international influence. To build leverage, pursue strategic autonomy by reviewing dependent bilateral ties, strengthen the private sector as the engine of growth, and expand technological leadership and trade share to enhance geopolitical resilience.
February 5, 2026
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ICE arrests in Oregon limited to cases with likely escape or an administrative arrest warrant.
Immigration agents in Oregon are barred from making warrantless arrests for civil immigration violations unless they develop probable cause to believe the person is likely to escape or have an administrative arrest warrant issued by a supervisor; the court relied on evidence of warrantless sweeps, arrests of individuals with valid immigration paperwork, and allegations of forceful detentions while stressing the need to respect due process when exercising arrest authority.
February 5, 2026
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US-China leaders discussed isolating Iran, a 25% tariff on Iran-linked trade, Taiwan arms sales, and critical minerals supply chains.
US-China discussions during a bilateral call focused on isolating Iran-combining diplomatic engagement, envoy talks, and an announced 25 percent tariff on imports from countries doing business with Iran-while addressing defense-related trade with Taiwan after a multibillion-dollar US arms package and considering inclusion of China in future nuclear-arms limitation talks as New START lapses. The leaders also discussed initiatives to diversify critical minerals supply chains away from China, indicating coordinated use of tariffs, arms transfer policy, export controls, and multilateral trade measures as state instruments.
February 5, 2026
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Google's growth: AI-driven expansion fuels ad and cloud revenue, enabling massive AI capital spending and strategic partnerships.
Sustained double digit growth in digital advertising financed substantial capital expenditures to expand data centre and AI capacity, while Cloud revenue rose sharply as Google embedded its large language model technology across core products and formed commercial AI partnerships.
February 5, 2026
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Argentina requests extradition of Nicola s Maduro to face crimes-against-humanity investigation under universal jurisdiction.
Argentina requested extradition of former Venezuelan President Nicola s Maduro from the United States to face an investigation alleging he oversaw abuses amounting to crimes-against-humanity, relying on the principle of universal jurisdiction and citing the 1997 extradition treaty; the petition follows a 2024 international arrest warrant and references Maduro's recent U.S. capture while noting concurrent U.S. narcotics indictments.
February 5, 2026
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Xi and Putin affirm deepening China-Russia strategic, economic cooperation and shared commitment to international law and strategic stability.
Xi and Putin committed to deepen bilateral strategic cooperation-economic, energy, nuclear technology and high tech ties-and to sustain high level exchanges, reciprocal visa free travel, and summit participation. They aligned on adherence to international law and the UN Charter, affirmed the One China Principle, and addressed arms control concerns, noting Washington's refusal to extend the New START treaty and expressing willingness to pursue negotiated measures to preserve strategic stability.
February 5, 2026
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Nearly 100 year old murder accused acquitted after decades due to prosecution failure and prolonged pendency and age.
The High Court acquitted a nearly 100 year old appellant in a 1982 murder case on the ground that the prosecution failed to prove charges beyond a reasonable doubt, directed discharge of his bail bond, and held that prolonged pendency, his advanced age, and decades of anxiety and social consequences were material in moulding relief.
February 5, 2026
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Industrial and MSME support expands credit access, restructuring pathways, subsidies and targeted assistance for artisans and farmers.
The government adopted financial and non financial measures to strengthen liquidity, address stress and improve access to credit for industrial units, MSMEs, artisans, weavers and farmers. Enhanced credit linkages under the RAMP programme and credit guarantee arrangements support restructuring and need based assistance for stressed enterprises. The Industrial Policy provides turnover and SGST incentives, green initiatives, full subsidy for diesel generator sets, stamp duty and court fee exemptions, and subsidies for quality certification, automation and pollution control. Artisans and GI certified units receive targeted credit schemes, rent free stalls and direct benefit assistance. Agricultural support includes interest subvention, credit restructuring after calamities, crop insurance and infrastructure funds with interest subvention and credit guarantees.
February 5, 2026
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Critical minerals trading bloc to stabilize prices, enforce minimum tariffs, and reduce reliance on Chinese supplies.
The administration proposes a critical minerals trading bloc among allies to stabilise prices via tariffs and sourcing rules, coupled with a US strategic stockpile funded by Export-Import Bank loans and private capital, plus direct government investments and procurement measures to diversify production and reduce reliance on dominant foreign processors.
February 5, 2026
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Union Budget 2026-27 promotes reform-driven growth with Jan Vishwas Act 2.0, fiscal discipline, and manufacturing incentives.
The Union Budget 2026 27 is a reform driven fiscal blueprint proposing the Jan Vishwas Act 2.0, prioritising Aatmanirbhar manufacturing support (Semiconductor Mission 2.0, Rs 10,000 crore BioPharma Shakti, electronics outlay, MSME funds), targeting a 4.3% fiscal deficit and Rs 12.2 lakh crore capital expenditure for transport and Tier 2/3 infrastructure, and increasing tax devolution to states (from 32% to 41%), with enhanced allocations cited for Maharashtra.
February 4, 2026
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Women MPs' protest gheraoed treasury benches, forcing adjournment amid disputes over quoting published material and disciplinary demands.
Women opposition members advanced to the Treasury benches during the Motion of Thanks debate, prompting the presiding officer to adjourn the House after they approached the Prime Minister's seat; the disruption occurred amid earlier adjournments, delays to the prime minister's scheduled reply, and prior suspensions of members for unruly behaviour. The acting Chair invoked the rule prohibiting reading from books, newspapers or letters except in connection with House business after a member quoted published works, triggering opposition demands for disciplinary action and consultations with the Speaker and ministers.
February 4, 2026
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India-US trade deal expands market access, boosting Indian manufacturing, exports, and MSMEs, including textiles, pharma and gems sectors.
The India-US trade agreement reinforces the "Make in India, Make for the World" policy by expanding export opportunities for textiles, pharma, chemicals, petroleum, gems and jewellery, and by positioning Gujarat's manufacturing and MSME sectors to benefit directly. The announcement highlights a stated US tariff position of 18% on Made in India products as a stimulus for production, exporters and job creation, framing the deal as strengthening bilateral economic ties and India's global economic presence.
February 4, 2026
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Coal India to set up Chile holding for lithium and copper; approves over Rs 6,300 crore in domestic project investments.
Coal India authorised the incorporation of a wholly owned intermediate holding company in Chile to pursue critical minerals (lithium and copper), subject to regulatory approvals, and approved domestic equity investments totalling over Rs 6,300 crore: Rs 3,132.96 crore for an energy joint venture with Damodar Valley Corporation (part of a Rs 20,886.40 crore project at 70:30 debt equity) and Rs 3,189.54 crore into Bharat Coal Gasification and Chemicals Ltd for a 0.66 mtpa coal to ammonium nitrate project.
February 4, 2026
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Turkish Airlines plane emergency landing after engine fire alert; passengers to depart on replacement flight at 6 am.
An Airbus A330-300 declared a PAN PAN due to a right-engine fire and diverted to Kolkata, landing safely on one engine after on-board fire detection and suppression brought the flames under control; passengers and crew were unharmed, housed overnight, and scheduled to continue on a replacement aircraft the next morning.
February 4, 2026
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Tamil Nadu budget allocations criticised as politically withheld ahead of assembly polls, despite central transfer figures cited in reply.
M K Stalin alleged the Union government withheld targeted budgetary allocations for Tamil Nadu ahead of Assembly elections, portraying the omission as politically motivated and harmful to the state's infrastructure needs; the Press Information Bureau, however, cited substantial tax devolution and grants-in-aid figures for Tamil Nadu in response.
February 4, 2026
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Uttar Pradesh streamlines industrial land allotment and creates plug-and-play clusters to boost MSME growth and approvals.
Uttar Pradesh simplifies industrial land allotment and approvals, rationalises lease rents, minimises litigation, and prioritises startups and existing units while institutionalising 100 acre district clusters under a plug-and-play model to accelerate MSME formation, infrastructure development, pollution control compliance, and technological upgradation through transparent, time bound processes and iterative digital reforms.
February 4, 2026
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Teacher and peon held for accepting bribes to alter a student's birth date on a class 10 certificate; case registered.
Teacher and a school peon were detained for allegedly accepting staged payments (Rs 1,000 and Rs 2,200 by online transfer, plus a demanded Rs 400 via the peon) to retrospectively change a student's date of birth on a class 10 certificate; searches were conducted and mobile phones seized. A case was registered under anti corruption provisions for public servants accepting gratification, both accused are in custody pending formal arrest and investigators are examining electronic payment records and messages.
February 4, 2026
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DHFL granted IBC immunity from corporate prosecution for pre CIRP offences; former officers remain prosecutable in a money laundering case.
The court held that DHFL, as a corporate debtor whose resolution plan was approved under the IBC, enjoys statutory immunity under section 32A that extinguishes corporate criminal liability for offences committed prior to CIRP, and that this IBC immunity overrides earlier PMLA provisions; however, immunity does not apply to former officers or directors who may still be prosecuted for pre CIRP conduct.

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Omar calls for minority status to Mata Vaishno Devi medical college to resume its operation

February 5, 2026

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Jammu, Feb 5 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Thursday called for granting minority status to the Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) and restarting its operations, asserting that the investment made in the institution must not go to waste.

Last month, the National Medical Commission's Medical Assessment and Rating Board withdrew the letter of permission granted to SMVDIME for non-compliance with minimum standards. The 50 students, mostly Kashmiri Muslims, of the first batch were subsequently accommodated in other institutions as supernumerary seats.

The withdrawal of letter of permission follows protests by right-wing groups.

“We did not differentiate between students on religious lines. For me, whether a student is Muslim, Hindu, Sikh, Christian, or Buddhist—everyone is equal. As far as this medical college is concerned, from what I have read, an investment of around Rs 300 crore has gone into its establishment. That investment should not be wasted.

“I respectfully request that you grant this medical college minority status and resume its opeartions,” Abdullah said in the J&K Assembly here, pointing to the opposition BJP.

The chief minister was replying to a debate on the motion of thanks to the Lt Governor’s address.

He said there would be no objection if Muslim students did not study at the medical college and that they could be accommodated elsewhere, provided it was designated as an identified institution for their choice of students.

He said his primary concern was to ensure that future generations continued to get opportunities.

Emphasising the need to produce more doctors, Abdullah said medical professionals do not treat patients on the basis of religion and he had never seen any doctor in Jammu and Kashmir discriminate against patients on religious grounds.

“Even if the medical college ultimately had a majority of Hindu students, it would still serve the public interest by producing doctors for Jammu and Kashmir, who would go on to serve in districts such as Kishtwar, Doda, Jammu, Kathua, Srinagar, Kupwara, Budgam and Ganderbal, wherever they were posted,” he said.

He said that if there were objections to the student composition, the institution should have been declared a minority college, noting that the NEET system was accepted with full knowledge that admissions would be purely merit-based.

He said shutting down the entire college over this issue was self-defeating.

Abdullah said no one intended to question religious faith, but added that if faith-based concerns were genuine, the appropriate course would be to declare such institutions as minority institutions, noting that they did not require government grants due to sufficient private donations.

The chief minister said despite claims to the contrary, the first delegation to the LG opposing medical college admissions had come from the BJP. “While there may be debate over celebrations post closure of the college, it was the opposition that had created the issue, and he had now placed a solution before the House.” Referring to the BJP’s demand for National Law University in Jammu, he said there are similar concerns as the admissions in such an institute would also be merit-based.

He questioned whether protests would again be held if Muslim students formed a majority through merit, leading to demands for closure of that institution as well.

The chief minister accused BJP members of raising the issue of discrimination with Jammu only when they had nothing else to offer politically, questioning why the same voices were silent when the age-old Darbar Move was abolished and announced in the Union Budget as a thing of the past.

The Abdullah-led government restored the Darbar Move, a practice under which the government used to function six months each in Srinagar and Jammu last year after it was halted by the LG administration in June 2021. The decision to revive Darbar Move was welcomed by people of Jammu, especially by the traders.

“The people familiar with the region had told me there was a significant difference between market conditions last year and this year, with markets now witnessing renewed activity, better business and increased footfall,” he said.

The chief minister said if the biggest injustice done to Jammu in recent years had to be identified, it was the cancellation of the Darbar Move, a decision which his government had corrected by restoring it.

“Those speaking of discrimination should have opposed it when it was actually taking place,” he said.

Abdullah further said the National Conference had consistently attempted to maintain parity between Jammu region and Kashmir valley, citing examples such as establishing universities in both regions while Kashmir was completely ignored when IIT and IIM were set up in Jammu. PTI TAS TAS KVK KVK

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