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    Haryana constitutes high-level committee to strengthen aviation safety at state aerodromes
    Pandemonium in J&K Assembly over SASCI; BJP walks out alleging unfairness
    Aviation regulator DGCA issued 352 show cause notices to airlines for violations in last 2 years
    DMK MP accuses govt of abject surrender in striking one sided trade deal with US
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February 9, 2026
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Haryana civil aviation forms technical committee to frame SOPs and directs departments to upgrade and maintain state aerodromes.
A high-level technical committee, chaired by the Accountable Manager of the Civil Aviation Department, will prepare a Standard Operating Procedure (SOP) strictly in accordance with DGCA guidelines and examine technical staffing needs. The Public Works Department must prepare cost estimates and execute runway and allied safety works and conduct monthly inspections with reports to the Civil Aviation Department and Deputy Commissioners. The Horticulture Branch must ensure vegetation clearance and obstacle management, while Deputy Commissioners are designated nodal officers for inter-departmental coordination and timeline monitoring.
February 9, 2026
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SASCI financing in Jammu and Kashmir accused of creating a debt trap amid allegations of budget under spend and governance failures.
The assembly debate challenged the SASCI financing mechanism as a potential debt trap, alleging market borrowings with extended repayment risk mortgaging public assets; members also raised substantive budgetary concerns including low capital expenditure, many projects with zero spending, possible administrative paralysis or dual power structures impeding implementation, and broader governance issues such as under prioritisation of public health, substance abuse, youth unemployment, and school closures. The government defended SASCI as long term infrastructure financing with up to 50 years' repayment.
February 9, 2026
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DGCA issued 352 show cause notices to airlines; penalties, warnings and compliance monitoring were reported.
DGCA issued 352 show cause notices to scheduled commercial airlines over two years, with penalties imposed in 139 cases, warnings in 113, and satisfactory replies in seven; airline specific enforcement details were not provided. The regulator reported mechanisms to monitor aircraft induction, On Time Performance and route rationalisation, and noted eight aircraft had been inducted this year to date.
February 9, 2026
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India-US trade deal alleged to be one-sided, with tariff concessions threatening domestic manufacturers and farmers.
Allegations assert the India-US trade agreement contains asymmetric market access commitments-reportedly requiring large-scale US exports to India while US tariffs on certain Indian goods persist-amounting to tariff "weaponisation" that will harm domestic manufacturers and farmers, especially textiles. The legislative demand is for full disclosure of the pact's specific terms to Parliament and the public so stakeholders can assess and plan for the economic impact.
February 9, 2026
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Digital frauds prompt RBI SoP adoption, bank alert duties and a framework for compensation to digital arrest victims.
Large-scale digital frauds requiring prevention, identification and redress necessitate that banks fulfil a bank fiduciary responsibility by issuing alerts for atypical transactions, using AI monitoring and placing temporary debit holds; regulators should adopt and implement a Standard Operating Procedure, coordinate RBI, telecommunications and other stakeholders to freeze and trace illicit transfers and identify mule accounts, and establish a framework for compensation while enabling unified investigations by a federal probe agency.
February 9, 2026
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Japan election result prompts China to defend diplomatic pressure and urge Japan to avoid a return to militarism.
China framed Takaichi's electoral victory as reflecting ideological shifts and defended its diplomatic offensive and restrictive measures taken after her Taiwan related remarks, urging Japan to honour existing political understandings and its pacifist constitution and warning against a return to militarism.
February 9, 2026
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Union Budget cuts allocations for rural, agricultural and social welfare sectors and raises concerns over trade deal clarity.
The Union Budget is criticised for reducing allocations and failing to fund announced rural and agricultural initiatives, with several missions receiving zero allocations and large sums of agri spending unutilised or surrendered; allocations for SC/STs, rural development, education and health are reported cut. The India US trade deal is said to open Indian markets to US agricultural produce without clarity on additional products, raising uncertainty over staples such as milk, cheese and foodgrains.
February 9, 2026
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Gross NPAs of Scheduled Commercial Banks fell to 2.15% after reforms strengthening recognition, resolution and recovery.
Gross NPAs of Scheduled Commercial Banks fell to 2.15% as of September 30, 2025, driven by the Asset Quality Review, the Government's 4Rs strategy and reforms strengthening recognition, resolution and recovery. Public Sector Banks show larger declines (2.50% gross NPA) and improved slippage ratios (0.8% for PSBs versus 1.8% for PVBs). Measures cited include Early Warning Systems, the Insolvency and Bankruptcy Code, SARFAESI amendments, increased DRT jurisdiction, specialised stressed asset verticals, and the Prudential Framework for resolution of stressed assets.
February 9, 2026
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Fake income tax officer arrested after extortion and forgery allegations; forged ID and notices recovered, case registered.
Allegations that an individual posed as an income tax officer to demand payment to avoid tax proceedings gave rise to criminal charges for extortion, forgery and criminal intimidation; police registered a case on complaint, arrested the suspect and recovered a forged ID, a forged departmental letter and a forged notice used to induce payment.
February 9, 2026
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Income tax rules: PAN thresholds for cash, property, vehicles, hotels and insurance updated and crypto reporting added.
The draft rules implement the new Income Tax Act and streamline compliance through consolidated rules and pre-filled digital forms, while setting revised PAN thresholds: PAN mandatory for annual cash deposits/withdrawals above Rs 10 lakh, not required for hotel bills under Rs 1 lakh, required for vehicle purchases above Rs 5 lakh and for immovable property transactions above Rs 20 lakh; PAN also compulsory for account-based insurance relationships. The draft requires crypto exchanges to share information with tax authorities and accepts Central Bank Digital Currency as an electronic payment mode.
February 9, 2026
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Mahaveer Awards announce 29th recipients across Non-Violence, Education, Medicine and Community service; nominations now nationally open.
The Foundation announced the 29th Mahaveer Awards in four categories-Non-Violence & Vegetarianism, Education, Medicine, and Community & Social Service-naming five awardees. Each award carries a cash prize of Rs. 10 lakh, a citation and a memento. The recipients were selected from 267 nominations by an eminent Selection Jury chaired by a former Chief Justice; the Foundation invited nominations for the 30th edition via its website.
February 9, 2026
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Doctor 365's 5th Bollywood Maha Arogya Shivir provided free medical care, screenings and assistive devices to thousands of attendees.
Doctor 365 and R.K. HIV AIDS Research and Care Centre organized the 5th Bollywood Maha Arogya Shivir on January 18, 2026, delivering free general and specialist medical services, diagnostic tests, eye care and assistive devices. The organization reports extensive nationwide charitable activity-tens of thousands of camps, millions of beneficiaries, large-scale distribution of medicines, spectacles and wheelchairs, mass TB and sickle cell screening and treatment-and operation of mobile medical units and ambulance hubs in partnership with state governments.
February 9, 2026
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Maharashtra forms panel to design a venture capital fund for the textile sector to support startups and MSMEs.
A nine member committee chaired by the state textile minister will frame proposals for a dedicated venture capital fund for the textile sector to provide targeted risk capital to startups and MSMEs, supporting innovation, modernisation, value addition, manufacturing growth, exports and employment. The committee will study the fund's structure, size, governance and operational framework; assess funding needs across the value chain; identify best practices and leverage private investment, financial institutions and central schemes; and recommend safeguards, incentives and timelines before submitting its report to the government.
February 9, 2026
Show AI Summary
JBCN International Schools secured eight Outstanding Learner Awards, including five Top in the World recognitions in IGCSE and AS/A Level subjects.
JBCN International Schools announced eight learners received Outstanding Learner Awards-five Top in the World and three Top in India-across IGCSE and International AS & A Level examinations, with a strong showing in Mathematics and top scores in Global Perspectives, AS Level Sociology, and Digital Media and Design, attributed to student discipline and mentoring by experienced teachers including trained examiners.
February 9, 2026
Show AI Summary
Convocation: problem-solving skills highlighted as key to career success amid AI-driven workplace shifts and graduates honoured with awards.
Problem-solving ability is presented as the decisive factor for career success amid AI-driven reduction of traditional entry-level jobs; education should develop innovative thinking and resilience rather than only intellectual training. The convocation highlighted the PGDM program's alignment with the National Education Policy 2020, industry collaboration and research emphasis, included an interactive career-focused Q&A, and conferred degrees alongside merit and extracurricular awards.
February 9, 2026
Show AI Summary
Silver and gold rose on global trends and a weaker dollar, aided by China buying and focus on US macro data.
Silver and gold prices rose sharply on firm global cues and a softer US dollar, with silver up c.6.7% to Rs 2,72,000/kg and 99.9% gold up c.0.8% to Rs 1,58,500/10g. Price gains were driven by international spot increases, domestic buying and speculative flows in silver, while profit-taking limited peaks. Dollar weakness, sustained Chinese central bank gold purchases and anticipation of key US jobs and inflation data were identified as principal market drivers.
February 9, 2026
Show AI Summary
Unlisted shares in India: private-equity style investments requiring Demat accounts, off-market transfers, and longer holding periods.
Unlisted shares trade outside recognised exchanges via off-market transfers requiring a Demat account, KYC and depository documentation; pricing is negotiated based on company fundamentals rather than exchange price discovery, liquidity is constrained with longer holding periods, and capital gains taxation depends on holding-period tests-market participants are moving from informal channels to structured platforms and specialist intermediaries.
February 9, 2026
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PAN quoting thresholds raised: mandatory PAN for large cash transactions, vehicle, hotel and property purchases and insurance onboarding.
Draft Income Tax Rules 2026 require PAN for cash deposits/withdrawals aggregating Rs 10 lakh in a year, motor vehicle purchases over Rs 5 lakh (including motorcycles), hotel/event payments over Rs 1 lakh, and immovable property transactions over Rs 20 lakh; PAN will also be required to open account-based relationships with insurance companies.
February 9, 2026
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AuthBridge and Vibrium AI partner to build AI driven conversational verification and cognitive models for faster, more accurate digital trust solutions.
AuthBridge and Vibrium AI will co develop AI powered conversational interfaces and cognitive verification models that integrate generative and cognitive AI into verification infrastructure to improve automation, verification accuracy, real time intelligence, and scalability for secure, enterprise grade digital verification and due diligence.
February 9, 2026
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Frontier Nagaland Territorial Authority enables local decision-making through administrative autonomy and devolved subjects for development.
The Frontier Nagaland Territorial Authority agreement grants administrative autonomy to six eastern districts by devolving 46 subjects to the Authority, establishing a dedicated secretariat, and providing a separate Centre-funded annual budget to enable local decision-making and faster execution of development programmes, aimed at fostering peace, stability, infrastructure, investment, tourism, and employment.

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Customs & Trade

Iran, US hold indirect talks in Oman; America's military leader in Mideast joins talks

February 7, 2026

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Muscat, Feb 7 (AP) Iran and the US have held indirect talks in Oman, in negotiations that appeared to return to the starting point on how to approach discussions over Tehran's nuclear programme. But for the first time, America brought its top military commander in the Middle East to the table.

The presence of US Navy Adm Brad Cooper, head of the military's Central Command, in his dress uniform at the talks in Muscat, the Omani capital, on Friday served as a reminder that the aircraft carrier USS Abraham Lincoln and other warships were now off the coast of Iran in the Arabian Sea.

President Donald Trump said the United States had “very good” talks on Iran and said more were planned for early next week. But he kept up the pressure, warning that if the country didn't make a deal over its nuclear programme, “the consequences are very steep”.

“Iran looks like they want to make a deal very badly — as they should,” Trump told reporters aboard Air Force One as he headed to his Florida golf club late Friday. He suggested Iran was willing to “do more” than in previous talks but did not give details.

Asked how long he was willing to wait for a deal, Trump said: “We have plenty of time. If you remember Venezuela, we waited around for a while. We're in no rush." The Trump administration built up a huge military presence in the Caribbean Sea in the months before a US raid captured then-Venezuelan President Nicolas Maduro in January.

Trump has repeatedly threatened to use force to compel Iran to reach a deal on the programme after earlier sending the carrier to the region amid Tehran's bloody crackdown on nationwide protests that killed thousands and saw tens of thousands of others detained in the Islamic Republic.

Gulf Arab nations fear an attack could spark a regional war that would drag them in as well.

That threat is real — US forces shot down an Iranian drone near the Lincoln and Iran attempted to stop a US-flagged ship in the Strait of Hormuz just days before Friday's talks in this sultanate on the eastern edge of the Arabian Peninsula.

“We did note that nuclear talks and the resolution of the main issues must take place in a calm atmosphere, without tension and without threats,” Iranian Foreign Minister Abbas Araghchi later told journalists.

“The prerequisite for any dialogue is refraining from threats and pressure,” he added.

Araghchi said diplomats would return to their capitals, signalling this round of negotiations was over. The US was represented by Mideast special envoy Steve Witkoff and Jared Kushner, Trump's son-in-law.

In a display of force, the US military published photos on X of the Lincoln carrier group sailing in the Arabian Sea with aircraft flying overhead, with the message “Peace through Strength!” Araghchi offered cautious optimism as he spoke in a live interview from Muscat on Iranian state television. He said Friday's talks were focused primarily on finding a framework for further negotiations.

“We will hold consultations with our capitals regarding the next steps, and the results will be conveyed to Oman's foreign minister,” Araghchi said.

“The mistrust that has developed is a serious challenge facing the negotiations,” Araghchi said. “We must first address this issue, and then enter into the next level of negotiations.” Omani Foreign Minister Badr al-Busaidi, who oversaw multiple rounds of negotiations before Israel launched its 12-day war on Iran in June, called the talks “useful to clarify both the Iranian and American thinking and identify areas for possible progress.” The talks had initially been expected to take place in Turkey in a format that would have included regional countries as well, and would have included topics like Tehran's ballistic missile programme — something Iran apparently rejected in favour of focusing only on its nuclear programme.

Before the June war, Iran had been enriching uranium up to 60% purity, a short, technical step away from weapons-grade levels. The UN nuclear watchdog — the International Atomic Energy Agency — had said Iran was the only country in the world to enrich to that level that wasn't armed with the bomb.

Iran has been refusing requests by the IAEA to inspect the sites bombed in the June war, raising the concerns of nonproliferation experts. Even before that, Iran has restricted IAEA inspections since Trump's decision in 2018 to unilaterally withdraw America from Iran's 2015 nuclear deal with world powers.

Friday's talks saw in-person meetings at a palace near Muscat's international airport, used by Oman in earlier talks Iran-US talks in 2025. Associated Press journalists saw Iranian officials first at the palace and later returning to their hotel before the Americans came separately.

It remains unclear just what terms Iran is willing to negotiate at the talks. Tehran has maintained that these talks will only be on its nuclear programme. However, the Al Jazeera satellite news network reported that diplomats from Egypt, Turkey and Qatar offered Iran a proposal in which Tehran would halt enrichment for three years, send its highly enriched uranium out of the country and pledge “not initiate the use of ballistic missiles”.

Russia had signalled it would take the uranium, but Iran has said ending the programme or shipping out the uranium were nonstarters.

US Secretary of State Marco Rubio said Wednesday that the talks needed to include all those issues.

Shortly after Friday's talks, the US Treasury and the State Department announced a new round of sanctions on Iran targeting its energy sector, imposing penalties, including freezes on assets in US jurisdictions, on 14 oil tankers in a so-called “shadow fleet” that the US says are used to try to evade sanctions, as well as on 15 trading firms and two business executives.

Trump also signed an executive order that says an import tax of potentially 25% “may” be imposed on goods from countries that buy oil from Iran. The order does not specifically impose tariffs so much as give the president the legal basis for levying them starting Saturday.

It says the potential tariffs can be removed if Iran or the foreign buyers of its oil align themselves with US interests on national security, foreign policy and economic issues.

In the past month, the US also has sanctioned Iran's interior minister, the secretary of the Supreme Council for National Security, and several other leaders involved in Iran's deadly crackdown against last month's protests. (AP) SCY SCY

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