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    Siddaramaiah will be CM until Cong high command decides otherwise: Parameshwara
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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.
February 7, 2026
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Mumbai mayoral election: BJP nominates Ritu Tawde; ally Shiv Sena names deputy with 15-month share.
Ritu Tawde filed nomination as the BJP's mayoral candidate in Mumbai while the Mahayuti alliance named a Shiv Sena corporator as deputy mayor with a 15-month term; nominations were submitted amid party leaders' presence ahead of the election, and the alliance controls 118 of 227 BMC seats, positioning it above the majority threshold.

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J-K CM defends 'manifesto-driven' Budget; BJP calls it partisan, disappointing

February 7, 2026

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Jammu, Feb 6 (PTI) Jammu and Kashmir Chief Minister Omar Abdullah on Friday defended his government's second Budget, asserting that it was only natural for it to reflect the National Conference's priorities and manifesto commitments.

Presenting a Rs 1.27 lakh crore Budget for 2026-27 in the Legislative Assembly, Abdullah said the financial plan aimed to lay a strong foundation for sustainable growth, social harmony and economic prosperity in the Union Territory.

The BJP and the PDP slammed the Budget, calling it partisan and disappointing, while the Congress said the Jammu and Kashmir government was aiming to meet public expectations within limited resources. Both the NC and the Congress had fought the 2024 Assembly polls together.

Addressing a post-Budget press conference, Abdullah dismissed the opposition's criticism, saying they could not "have it both ways" by accusing the government of failing to deliver on its promises and then objecting when those promises were implemented.

"I am not apologetic at all about the allegation that this is a National Conference-centric budget. I would have been devastated if someone had said it was a BJP-centric budget. This is a National Conference government. I’m sorry, but the opposition cannot have it both ways," the chief minister said.

"They keep telling me that I am not fulfilling my manifesto or their manifesto. And then, when I actually begin fulfilling my manifesto promises, they turn around and say this is a National Conference-centric budget," he added.

Abdullah said the NC had a presence in every village across Jammu and Kashmir and was the only political party capable of delivering balanced growth and representation.

Taking a swipe at the opposition, he said its role was to oppose, adding that even positive initiatives were criticised because the opposition aspired to occupy the seats of power but had so far failed to do so.

However, the BJP launched a sharp attack on the Budget, with Leader of Opposition Sunil Sharma terming it "disgusting and disappointing", alleging that it shattered the hopes and aspirations of all sections of society.

He accused the government of preparing a partisan document that disproportionately benefits constituencies represented by ruling party MLAs while completely neglecting the genuine concerns of the common people.

“The budget fails to address the long-pending issues of daily wagers, who have been offered only ‘toffees’ instead of meaningful relief or regularisation. It shows no serious commitment toward providing employment opportunities to the unemployed youth of Jammu and Kashmir,” he said, describing the budget as “disgusting and disappointing”.

"The government is merely showcasing centrally sponsored schemes as its own achievements while failing to bring any substantial new initiatives or relief measures for the people of J&K,” Sharma said.

Jammu and Kashmir BJP President and Rajya Sabha MP Sat Sharma termed the budget “lacklustre, directionless and nothing more than a recycled compilation of centrally sponsored schemes”, alleging that it exposed “hollow governance and broken promises” of the NC government.

"The government is repackaging central initiatives without introducing new policies suited to local needs," he said.

BJP MLA Shagun Parihar said the Budget failed to offer solutions to the problems faced by people.

Echoing similar views, Peoples Democratic Party (PDP) MLA Waheed-ur-Rehman Para termed the Budget “very disappointing”, stating that it lacked measures for daily wagers, employees, unemployed youth and farmers.

"The expectations of the general public from this budget were very high... It is a very disappointing Budget. Unfortunately, we had hoped that issues related to daily wagers, employees, the unemployed, and farmers would be addressed," he said.

The Jammu and Kashmir unit of the Congress termed the Budget as an effort by the government to address the development, welfare and employment needs while attempting to meet public expectations within limited financial resources.

“The budgetary proposals aim to address developmental, welfare and employment needs, keeping in view the limited scope within the resources available to the UT government, as stated by the chief minister himself,” Pradesh Congress Committee (PCC) chief spokesperson Ravinder Sharma said.

In his preliminary reaction to the budget, he said the government's priorities appear to be aligned with meeting public needs and expectations, but the Union Territory requires substantial financial support from the Centre in view of its peculiar circumstances and the prolonged period of political uncertainty.

The Congress leader said the Centre must step forward to address the special needs of Jammu and Kashmir, particularly in view of the high unemployment rate, the near absence of a private sector, and the large number of semi-employed or temporarily employed youth awaiting regular absorption.

He said these challenges, coupled with other disadvantages faced by young people in the Union Territory, persist despite the “big promises” made by the BJP-led Centre in August 2019 at the time of the abrogation of Article 370 and bifurcating the erstwhile state into two UTs.

However, Sharma said there needs to be more clarity with regard to the issue of daily wagers and other such categories of workers and employees awaiting regularisation after several years of service.

Meanwhile, Indian Chamber of Commerce (ICC) Jammu Chapter Chairman Rahul Sahai welcomed the Budget, saying that despite reduced GST collections, the government had presented a balanced plan within available resources.

He said additional funding of Rs 1,400 crore under the SASCI scheme, projected Gross State Domestic Product growth of 11 per cent, and infrastructure initiatives such as round-the-clock power supply by 2028, development of a water park at Jagti and expansion of Jambu Zoo. PTI TAS/AB RHL

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