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    Following are the top foreign stories at 1700 hours
    Siddaramaiah will be CM until Cong high command decides otherwise: Parameshwara
    India trusted partner for growth, says PM Modi in Malaysia citing trade deals with various countries
    Boeing is major aircraft parts buyer from India; excited from trade pact: Goyal
    Delhi court seeks police report on plea against promoters of '32nd Milestone' project
    When Tata Elxsi was advised to shut down or merge with TCS!
    World betting on India as trade deals open new opportunities: BJP Kerala chief
    India-US trade pact will open multifold opportunities: Boeing
    Quota-based duty concessions on apples from US; farmers fully protected: Goyal
    PM Modi, Malaysian counterpart receive rousing welcome at Indian diaspora event
    Andhra to set up AI Living Labs Foundation; HQ in Amaravati
    DeepSnitch AI ($DSNT) vs The Graph ($GRT) vs NEAR Protocol ($NEAR): Trump Crypto Under Fire for Transparency, but DeepSnitch AI Is the Platform Likely...
    Cong always opposes India's economic growth: BJP slams Ramesh's remarks on India-US deal
    Best Crypto to Buy Now: DeepSnitch AI Set for 1000x Moonshot Amid AI Surveillance Crackdown in South Korea, While GRT and ICP Position for Rally
    '€˜Namaste Trump scored over Howdy Modi'€™: Congress on India-US interim trade pact
    BMW Ventures Reports Strong Q3 FY26 Performance Driven by Significant Deleveraging and Growth in Business of Fabricated Steel Products
    Debate, discussion part of democratic process, but decorum must be maintained: Om Birla
    SBI reports all-time high standalone profit of Rs 21,028 cr in Q3
    Indian student launches Thomas Tours to boost graduate morale in London
    From Hyderabad to the World: Building a Global Footwear Brand
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February 7, 2026
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US removal of 25% tariffs on Indian goods tied to India's commitment to stop importing Russian oil.
The United States will remove an additional 25% duty on Indian goods contingent on India's commitment to stop direct or indirect imports of Russian oil, while a concurrent India-US trade pact aims to expand market access for American farmers and producers through negotiated tariff and market access measures.
February 7, 2026
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Chief minister Siddaramaiah will remain in office until the Congress high command decides otherwise on leadership.
The chief minister will remain in office until the party high command decides otherwise; there is no reported rotational CM agreement and the high command's decision on leadership and tenure is final. Cabinet reshuffle authority rests with the chief minister, to be exercised after consultation with the high command, while any mid term leadership change requires action by the party leadership and relevant Legislature Party procedures.
February 7, 2026
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India as trusted partner for growth through trade deals and diaspora-driven cultural and economic partnerships.
India is presented as a trusted partner for growth evidenced by recent trade agreements with multiple partners, with trust framed as a core economic asset. The Indian diaspora in Malaysia functions as a bridge for bilateral ties; cultural and educational initiatives such as the Thiruvalluvar Chair and proposed Thiruvalluvar Centre are highlighted. The India-Malaysia relationship is summarised by the acronym IMPACT, encompassing economic cooperation, people-to-people contact, tourism, and cultural diplomacy reinforced by leadership-level engagement.
February 7, 2026
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Boeing and Airbus sourcing from India benefit as interim trade agreement removes tariffs on certain aircraft parts.
An interim trade agreement removes tariffs on certain aircraft and aircraft parts, enabling reduced trade barriers and facilitating increased procurement of aerospace components from India by major US manufacturers.
February 7, 2026
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Promoters of 32nd Milestone project face plea seeking FIR, asset freeze, forensic audit and travel restrictions.
The petition accuses promoters of cheating, forgery, criminal conspiracy, diversion of funds and statutory noncompliance, alleging failure to remit TDS and GST, circulation of fabricated TDS certificates, cessation of promised lease rentals and possible multiple sales of units; it seeks FIR registration, freezing of bank accounts, asset attachment, a forensic audit, suspension of passports, issuance of look-out circulars and inquiry into promotional expenditures.
February 7, 2026
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Tata Elxsi faced shutdown or merger advice before a leadership-driven shift to service-led design restored profitability.
Tata Elxsi faced near-bankruptcy and suggestions to shut down or merge after failed hardware-centric strategies left it with unused capital equipment and mounting losses; leadership chose to rebuild the brand and shift to service-led design and technology offerings, expanded development capacity, and restored financial health until accumulated losses were eliminated and dividends resumed.
February 7, 2026
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India trade agreements boost market access for farmers, fishermen, MSMEs and entrepreneurs, opening opportunities in Kerala.
The interim India US trade agreement and the landmark India EU deal are said to expand US and EU market access, creating new opportunities for farmers, fishermen, MSMEs and young entrepreneurs; the statement ties these commercial openings to government policy and leadership and urges Kerala to adopt growth enabling governance to realise the agreements' economic potential.
February 7, 2026
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India-US interim trade agreement cuts tariffs to zero on aircraft parts, boosting aerospace supply chains and large-scale purchases.
The India-US interim trade framework reduces import duties to zero on various goods, including generic pharmaceuticals and aircraft parts, and includes an intent to purchase USD 500 billion of US energy products, aircraft and aircraft parts, precious metals, technology products, and coking coal over five years. Industry responses emphasise that tariff elimination will strengthen market access, deepen integration with US aerospace supply chains, improve cash flows, and enhance cost competitiveness for Indian suppliers, with Boeing endorsing a zero-for-zero tariff approach for aerospace and defence.
February 7, 2026
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Apples: India grants quota-based duty concession to US with MIP Rs80/kg and 25% duty to protect domestic growers.
India granted a quota-based duty concession on US apples under an interim trade pact while protecting domestic growers by imposing a minimum import price of Rs 80 per kg and a 25% import duty, effectively barring US apples priced below Rs 100 per kg; current rules impose a 50% duty and MIP Rs 50 per kg, effectively barring apples below Rs 75 per kg. The pact includes sectoral reciprocal zero tariffs for certain Indian agricultural goods and select industrial parts, with no concessions on dairy, sugar, or millets.
February 7, 2026
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State visit emphasizes cultural diplomacy and diaspora engagement, highlighting trade links and visitor mobility between the two nations.
Bilateral engagement and cultural diplomacy between India and Malaysia were advanced through a state visit centered on a large-scale diaspora cultural performance attended by both prime ministers, emphasizing people-to-people links, diaspora mobilization, and India's role as a principal trading partner with substantial visitor flows, implicating diplomatic coordination on trade, mobility, and consular facilitation.
February 7, 2026
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Andhra Pradesh launches AI Living Labs Foundation to provide shared AI infrastructure, skilling, research and sectoral deployments.
Andhra Pradesh authorised the AI Living Labs Foundation as a not for profit Section 8 company headquartered in Amaravati to establish and manage AI Living Labs, provide shared GPU resources, AI tools, curated datasets and sandboxes for skilling, coordinate certification and faculty training under a hub and spoke model, promote applied research including AI models and LLMs, deploy sectoral AI use cases, and operate under funding from government grants, CSR and partner contributions with governance provisions on conflict of interest, IP commercialisation, financial controls and data governance.
February 7, 2026
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World Liberty Financial probe heightens demand for on-chain transparency tools such as DeepSnitch AI presale investment.
A congressional inquiry into a reported $500 million investment linked to World Liberty Financial elevates transparency and verifiable on chain evidence as central market concerns. The document describes DeepSnitch AI's presale metrics, staking, postponed launch strategy, and on chain auditing and whale tracking tools as commercial responses to that transparency risk, and contrasts those claims with performance and volatility observations for other tokens while emphasizing promotional presale incentives and a trading risk disclaimer.
February 7, 2026
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India-US interim trade agreement claims to open vast market access, cut tariffs and protect agriculture while boosting MSMEs and jobs.
The Interim India-US trade agreement is presented as opening access to a nearly USD 30 trillion market, reducing reciprocal tariffs to 18% and providing zero-tariff access in key sectors such as generic pharmaceuticals, gems and diamonds, and aircraft parts, while purportedly safeguarding sensitive agriculture and dairy sectors and benefiting MSMEs, farmers, fishermen and employment generation.
February 7, 2026
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AI-powered crypto surveillance boosts demand for compliance tools, highlighting security agents and contract auditors for market protection.
Real time AI surveillance of crypto markets is driving regulatory demand for compliance and security infrastructure; DeepSnitch AI, in presale, claims operational agents-contract auditing, wallet monitoring, regulatory feeds and an AI compliance advisor-intended to detect scams, manipulation and compliance risks. The article positions The Graph and Internet Computer as secondary beneficiaries of increased regulatory scrutiny due to their data indexing and decentralized hosting roles, and it promotes presale pricing, bonus allocations and speculative return scenarios while including trading risk disclaimers.
February 7, 2026
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India US interim trade agreement links tariff relief to a commitment to stop direct or indirect imports of Russian oil.
The interim India-US trade framework commits both parties to promptly implement tariff reductions and to work toward a Bilateral Trade Agreement; removal of the additional 25 percent US tariff on Indian goods is conditioned on India's commitment to stop directly or indirectly importing Russian oil, with US monitoring and potential reinstatement of the penalty for non compliance. India will eliminate or reduce tariffs on a wide range of US industrial and agricultural products, and the parties intend to finalise implementing details in subsequent announcements.
February 7, 2026
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BMW Ventures reports deleveraging-driven profit rise and declares interim dividend, revises FY26 bottom-line guidance upward.
BMW Ventures reported material profit improvement driven by reduced finance costs after using IPO proceeds to repay debt, declared an interim dividend of Rs. 1.50 per share, and raised FY26 bottom line growth guidance to 30-35% on expectations of continued growth in higher margin fabricated steel products, stronger margins from operational resilience, and disciplined working capital management.
February 7, 2026
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House decorum: Debate is vital, but members must maintain dignity and follow legislative rules and procedures.
Maintaining the decorum of the House is essential: members must express views with dignity, know and follow legislative procedures, and avoid sloganeering, disruptions and entering the Well. The National e-Vidhan Application (NeVA) promotes paperless legislative processes by providing a cloud-based workflow with rules, notices, bills, questions and committee reports to aid members in conducting business transparently and efficiently.
February 7, 2026
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SBI posts record standalone profit, driven by loan growth, higher net interest income and a special dividend.
State Bank of India reported a record standalone Q3 profit of Rs 21,028 crore driven by 15.14% loan growth and higher Net Interest Income, aided by a Rs 2,200 crore special dividend from SBI Mutual Fund; deposits rose 9.02%, gross Non Performing Assets ratio improved to 1.57%, overall provisions increased, and Capital Adequacy was 14.04% with a 10.99% core buffer.
February 7, 2026
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Graduate-led tour service helps jobseekers earn a London Living Wage through flexible, part-time guided tours.
A graduate established a social-enterprise tour service to provide flexible part-time work for recent graduates, especially those on the Graduate Route visa, enabling them to earn the London Living Wage. The model offers bespoke, low-cost itineraries following a free online consultation, accommodates health and access needs, and requires payment at the meeting point. It aims to avoid exploitative zero-hour roles by delivering predictable earnings, potential tips, and mental-health support while allowing guides time to pursue formal job applications.
February 7, 2026
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Kameleo expands international presence with fast in store customised waterproof footwear and a scalable retail model aiming global growth.
Kameleo offers a rapid in store personalisation service assembling customised flip flops in under two minutes from modular style and colour options, combining comfort, waterproof durability, skin friendly materials, and accessible pricing. With a scalable retail model and 20 stores in South India, the brand plans international launches in several countries and aims to reach over 50 stores worldwide by the end of 2026, leveraging a founding team with combined business, design, and operational expertise to replicate product market fit.

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Indio Networks and Edgecore Networks Announce Production-Ready OpenWiFi Integration for MSPs

February 6, 2026

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The global partnership delivers a production-ready OpenWiFi and Open LAN Switching (OLS) solution for enterprise, MDUs and managed service providers worldwide. Pune, Maharashtra, India – Business Wire India Indio Networks, a leading Indian OEM specializing in open and disaggregated networking solutions, today announced the successful completion of a production-ready OpenWiFi integration with Edgecore Networks. This collaboration accelerates the adoption of open, interoperable Wi-Fi and LAN networking solutions for managed service providers (MSPs), system integrators, and enterprise customers worldwide. Through this integration, Indio Networks will offer its latest-generation OpenWiFi cloud platform, Indio Cloud, with Edgecore’s OpenWiFi-certified Wi-Fi access points and Open LAN Switching (OLS) Ethernet switches. The combined solution enables enterprises, campuses, service providers, and public-sector organizations to deploy open, disaggregated, cloud-managed infrastructure that deliver high performance networks while reducing vendor lock-in and simplifying licensing and operations. Enabling Enterprise-Scale OpenWiFi Deployments TIP OpenWiFi is gaining traction as a cost-efficient, open alternative to proprietary enterprise networking platforms. However, many organizations encounter challenges when scaling OpenWiFi beyond pilot or proof-of-concept environments. Indio Networks and Edgecore Networks address this gap by delivering a fully validated, production-ready solution that combines Indio’s OpenWiFi cloud platform with Edgecore’s high-performance access points and network switches. The solution supports centralized management through a single cloud console and includes built-in services such as AAA, captive portals, access policy enforcement, and billing support. Backed by India-based technical expertise, Indio also provides deployment assistance, optimization services, and ongoing operational support for Edgecore customers. “Indio Networks’ global partnership with Edgecore marks a significant step in advancing OpenWiFi adoption worldwide. Together, we are delivering a production-ready OpenWiFi solution by integrating our award-winning cloud management platform with Edgecore’s enterprise-grade access points and switches. This enables enterprises and service providers to deploy secure, scalable, and operationally efficient open networks with confidence,” said Rishi Ghare, CEO, Indio Networks. “A production-ready integration is key to accelerating OpenWiFi at scale,” said Teng Tai Hsu, Vice President at Edgecore Networks. “By validating Indio’s cloud platform with Edgecore’s OpenWiFi-certified access points and Open LAN Switching portfolio, we enable faster, large-scale deployments with consistency across distributed environments. We look forward to working closely with Indio to bring this value to service providers and enterprise customers across the EMEA region.” Unified Cloud Management for Wi-Fi and LAN Switching The Indio Cloud platform delivers a unified management experience across wireless and wired networks, enabling IT teams and MSPs to manage distributed environments from a single dashboard. Key capabilities include: • Centralized cloud management for Wi-Fi and LAN switching • Zero-touch provisioning for rapid, large-scale deployments • Real-time monitoring, analytics, and centralized policy control • Flexible deployment across public, private, and hybrid cloud environments • Lower total cost of ownership through disaggregated hardware and software This unified approach simplifies operations while delivering consistent, reliable performance across enterprise campuses, educational institutions, healthcare facilities, hospitality venues, smart cities, and large public infrastructure projects. OpenWiFi at Scale Advisory Program Indio Networks and Edgecore Networks are jointly introducing the OpenWiFi at Scale Advisory Program, designed to help service providers transition from pilot deployments to full commercial rollouts. The program offers one-to-one technical advisory engagements tailored to each customer’s network architecture and business objectives. Led by engineering teams from both companies, it focuses on deployment readiness, solution architecture design, Indio Cloud onboarding, and operational best practices. The initiative also supports pilot planning with a clear path toward scalable, revenue-generating OpenWiFi deployments. Strategic Focus on India and the EMEA Region The collaboration prioritizes India and the EMEA region, where demand for open, cloud-managed networking is growing rapidly across enterprise, public-sector, and educational environments. Indio Networks will leverage its local expertise and partner ecosystem in India, while collaborating with MSPs and system integrators across EMEA to deliver scalable, turnkey OpenWiFi deployments. Supported by Edgecore’s globally deployed hardware portfolio, the joint solution accelerates the shift toward open, standards-based networking across India, Europe, the Middle East, and Africa. Availability Indio’s OpenWiFi software, integrated with certified Edgecore Wi-Fi access points and Ethernet switches, is available immediately for enterprise and campus deployments worldwide. Indio Networks will provide platform licensing, system integration, and ongoing support, while Edgecore Networks will supply hardware through its global distribution network. About Indio Networks Indio Networks is a global networking technology company that designs, develops, and delivers open and software-defined networking solutions for service providers, enterprises, and public Wi-Fi deployments. Indio’s solutions power reliable, secure networks across more than 45 countries, connecting tens of millions of users every month. With a comprehensive product portfolio that includes Wi-Fi access points, managed switches, network controllers, cloud management software and IoT-ready networking solutions, Indio Networks enables operators to build scalable, secure, and cost-effective connectivity solutions, supporting large-scale community Wi-Fi, enterprise networks, and next-generation digital infrastructure initiatives. For more information, visit www.indionetworks.com and follow us on LinkedIn. About Edgecore Networks Edgecore Networks Corporation, a wholly owned subsidiary of Accton Technology Corporation, is a leading provider of open infrastructure solutions. Edgecore Networks delivers comprehensive wired and wireless products and solutions through channel partners and system integrators worldwide, serving AI/ML, Cloud Data Center, Service Provider, Enterprise, and SMB customers. Edgecore Networks is committed to advancing open infrastructure beyond networking. Edgecore is expanding its portfolio to include open compute solutions, enhancing its ability to deliver integrated infrastructure that meets the evolving needs of modern data centers and service providers. (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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