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February 6, 2026
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Bitcoin and Asian markets fell as technology stocks and AI spending concerns drove broad market losses.
Asian equities and US futures fell as technology sector weakness and investor concern over large AI investments pressured markets; Bitcoin plunged about 9 percent (briefly over 12 percent), wiping out gains since the prior US election. Precious metals retreated after a safe haven rally, crude oil edged higher, and currencies showed modest moves amid cross asset volatility.
February 6, 2026
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Stock markets fell as IT stocks lagged and investors awaited a central bank policy decision amid foreign fund outflows.
Stock indices opened lower with IT heavyweights leading losses as investors remained cautious ahead of a central bank monetary policy announcement; foreign institutional selling and global technology weakness were cited as primary downward drivers affecting short-term market dynamics and sector volatility.
February 6, 2026
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Rupee rises on central bank monetary policy anticipation; gains limited by FII outflows and rising crude oil prices.
Rupee appreciation to 90.23 against the US dollar was driven by market positioning ahead of the central bank's monetary policy announcement, with guidance from that announcement cited as the main near term driver. Gains were capped by net foreign portfolio outflows, a firmer dollar index and rising global crude oil prices, which together limited stronger upward movement and shaped short term market expectations.
February 6, 2026
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Trans-Arunachal highway compensation scam: Enforcement agency seizes Rs2.2 crore during PMLA money laundering probe linked to fake beneficiaries and inflated assessments
Enforcement Directorate searches under the Prevention of Money Laundering Act seized about Rs 2.2 crore from premises linked to an alleged Trans Arunachal Highway compensation scheme. The probe alleges large scale irregularities in assessment, certification and disbursement of land acquisition compensation, diversion of funds into savings accounts, issuance of cheques to fabricated or ineligible beneficiaries, inflated and fictitious assessments and inclusion of non existent structures, causing an alleged loss of about Rs 44 crore.
February 6, 2026
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Telangana minority reservations, caste survey data and a proposed hate speech law tied to protecting the four per cent quota.
Telangana's Chief Minister challenged the BJP to form government after past statements promising to end the four per cent minority reservation, and stated the state has finalized Muslim population figures via a caste survey to support making that reservation permanent. He announced that a hate speech law and policy document will be prepared for the upcoming budget session to deter and punish hate crimes and inflammatory remarks, and that a former judge has been asked to assist in drafting the legislation.
February 6, 2026
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Retired IIT Bombay staffer cheated of Rs 4.62 crore through impersonation and bank account laundering.
A retired IIT Bombay employee was induced by callers impersonating officials to withdraw deposits and transfer Rs 4.62 crore into bank accounts supplied by cybercriminals; a case was registered for cheating by impersonation and Information Technology Act offences and transferred to a regional cyber cell. Investigation traced the funds to two intermediaries who had opened multiple accounts, withdrew the deposits, and handed proceeds to fraudsters for commission; both were arrested and further inquiries to identify other participants and trace funds continue.
February 6, 2026
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Amazon announces surge in capital spending amid strong Q4 sales but shares fall despite AWS growth.
Amazon reported a 14% fourth quarter sales increase and announced a near 60% rise in capital expenditures to USD 200 billion to expand AI, robotics, semiconductors and satellites, alongside workforce reductions and store closures, while AWS grew 24% with USD 35.6 billion revenue.
February 6, 2026
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Santa Cruz del Norte faces power outages and fuel shortages after disrupted oil shipments and threatened import tariffs.
Persistent power outages and fuel shortages in Santa Cruz del Norte stem from disrupted oil shipments and threatened tariffs that have constrained imports. Residents rely on coal, firewood, improvised stoves and charged lanterns, face rising prices and broken household devices, and endure impacts on transport, hospitals, schools and food production. Government statements label the situation complex but provide no detailed reserve or supply plan; diplomatic contacts and pledged humanitarian aid are noted while many households remain unable to afford alternatives.
February 6, 2026
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US announces $6M humanitarian aid to Cuba amid accusations of an energy blockade and worsening fuel shortages.
The United States announced USD 6 million in humanitarian aid for hurricane affected eastern Cuba, to be delivered by the Catholic Church and Caritas while US embassy personnel monitor distribution to prevent regime diversion. US officials fault Cuban resource misallocation for shortages and signalled potential further assistance if Cuba permits greater US support. Cuban leadership describes US threats to oil suppliers as an "energy blockade," cites fuel shortages and blackouts, and conditions dialogue on respect for Cuban sovereignty.
February 6, 2026
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Amazon Q4 earnings disclosed EPS below estimates, AWS growth strong, and a planned $200B capital expenditure increase.
Amazon reported Q4 net income of USD 21.2 billion and revenue of USD 213.4 billion, with EPS of USD 1.95 below analyst estimates; AWS revenue rose 24% to USD 35.6 billion. The company announced an increase in planned capital expenditures to USD 200 billion from USD 125 billion to fund investments in AI, robotics, semiconductors, and satellites, and after-hours trading reflected an approximately nine percent share decline.
February 6, 2026
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Wall Street plunges as tech stocks and bitcoin fall, job reports lower yields and raise rate-cut prospects.
Equity and crypto markets fell sharply as technology stocks and bitcoin dropped, coinciding with labor-market reports showing rising unemployment claims, increased layoffs and fewer job openings; these signals pushed Treasury yields lower and heightened discussion that weaker labor conditions could raise the likelihood of central-bank interest-rate easing, while commodities also swung sharply and corporate earnings produced mixed sectoral effects.
February 6, 2026
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Homeland Security funding hangs on proposed statutory restraints on immigration enforcement including warrants, ID, and force limits.
DHS appropriations are stalled as Democrats condition funding on reforms to immigration enforcement, including judicial warrants, officer identification and no masks, standardized uniforms and equipment, stricter use-of-force standards, detention safeguards, prohibitions on racial profiling, and verification to prevent wrongful detention of citizens; Republicans counter that such demands must be negotiated within a funding bill and caution that splitting DHS funding or singling out agencies could effectively defund law enforcement, prompting proposals to fund certain DHS components separately to limit shutdown impacts.
February 6, 2026
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DHS funding standoff threatens shutdown as parties clash over ICE reforms and enforcement limits and oversight.
A budget impasse threatens a DHS shutdown as Democrats condition passage of the homeland security spending bill on a suite of immigration enforcement reforms-including judicial warrant requirements, mandatory officer identification, standardized uniforms and equipment, stricter use of force standards, detention safeguards, verification before detention, bans on racial profiling, and limits on tracking protesters-while Republicans call the demands unrealistic, propose alternative conditions, and press for negotiation or partial funding of other DHS components.
February 6, 2026
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Kisan Credit Cards: farmers access loans in five minutes via e KCC; agricultural credit target increased for fiscal 2026 27.
Digital governance measures have accelerated disbursal under the Kisan Credit Card mechanism, enabling loans within five minutes through e KCC instead of delays up to a month. The government has set an elevated agricultural credit target for 2026-27, increasing planned credit flow by 13 percent to Rs 3 lakh crore, and is emphasising integration of technologies including artificial intelligence into agricultural finance platforms.
February 6, 2026
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Drug trafficking suspects arrested; heroin seized and a vehicle reported bought with illicit proceeds, financial probe and asset tracing underway.
Police arrested three family members after intercepting a vehicle in Khanyar and recovering heroin worth lakhs; the vehicle was seized and is reported to have been bought with proceeds of the alleged drug trade. A criminal case under narcotics provisions has been registered, and investigations aim to trace supply and distribution links while conducting a financial probe to identify and attach properties acquired through alleged proceeds of crime.
February 5, 2026
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Drug de-addiction rules to be finalised; bill planned and CCTV mandated at medical and chemist shops.
Finalisation of de-addiction rules and a bill is planned to create a statutory framework; pharmacies and chemist shops are required to install CCTVs to curb unauthorised drug sales. The Health Department, alongside home, social welfare and education departments, is strengthening services under Nasha Mukt Bharat Abhiyan: de-addiction OPD services exist in all 20 districts, nine medical colleges offer psychiatrist oversight, and 11 ATFs in Kashmir and nine in Jammu are functional, with no new government centres under consideration.
February 5, 2026
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Rapido-linked motorbikes seized for operating without trade licence; company ordered to stop bike-taxi bookings and explain noncompliance.
Authorities seized twelve motorbikes linked to a ride-hailing platform for operating bike taxis without a required trade licence, issued a notice directing immediate cessation of bike-taxi bookings through the app, and demanded an explanation under threat of unilateral legal enforcement; police assistance was sought after prior notices to app providers could not be operationally enforced.
February 5, 2026
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Retired medical officer duped of Rs 4.62 crore after impersonation scam led to transfers into mule bank accounts.
A retired medical officer was defrauded of Rs 4.62 crore after impersonators claiming Aadhaar misuse and a Central investigative agency money laundering case threatened arrest; she transferred funds into bank accounts supplied by intermediaries. Police registered cheating by impersonation and Information Technology Act offences and, upon tracing the money trail, arrested two suspects who had opened multiple accounts, accepted deposits, withdrawn funds, and handed them to cybercriminals for a commission; further investigation continues.
February 5, 2026
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Mata Vaishno Devi medical college: call to grant minority status so it can resume operations and preserve private investment.
The Medical Assessment and Rating Board withdrew SMVDIME's letter of permission for non compliance, halting operations and dispersing the initial cohort. The chief minister urged designation of the college as a minority institution to resume operations, preserve significant private investment, reconcile merit based NEET admissions with concerns about student composition, and ensure continued production of doctors for public service.
February 5, 2026
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Interim budget focuses on urban infrastructure: road widening, encroachment regulation, corridors, MSME parks and a global trade centre.
Interim budget prioritises infrastructure-led growth via district town modernisation, road widening and encroachment regulation to unlock corridor development, continued investment in industrial and economic corridors, logistics connectivity and MSME parks, and the proposed global trade centre supported by public private collaboration to develop sustainable, people friendly cities.

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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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