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    Kennametal India Sustains Growth Momentum with Strong Q2 FY26 Performance
    PM's visit to Tamil Nadu rescheduled to March 1: Nainar Nagenthran
    No duty concessions on sensitive grains, fruits, dairy, meat under trade pact with US
    Indo-US interim trade pact will empower diverse sectors: Himanta
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February 7, 2026
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Kennametal India reports Q2 growth; PBT includes a one-time cost tied to new labour codes impact.
Implementation of new labour codes generated a one-time cost of ?34 Mn disclosed in Kennametal India Limited's Q2 FY26 results, incorporated into reported Profit Before Tax of ?353 Mn as a discrete, non-recurring impact on the period's financials.
February 7, 2026
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PM visit rescheduled; BJP plans large rally, ally talks and notes tax penalty confirmation and temple appearance.
Prime Minister's visit to Madurai was rescheduled to March 1 with a major BJP rally planned at Mandela Nagar and a likely visit to Tirupparankundram Murugan temple; the state BJP highlighted local anguish over inability to light the Karthigai Deepam despite a favourable court ruling, criticised actor-politician Vijay after confirmation of an income-tax fine, and formed a two-member committee to hold talks with potential allies.
February 7, 2026
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India-US interim trade agreement protects sensitive agricultural and dairy products from duty concessions to safeguard rural livelihoods.
The interim India-US trade framework reduces US tariffs on Indian goods while India will not grant import duty concessions on specified sensitive agricultural and dairy products-including maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat-to protect small and marginal farmers and rural livelihoods, consistent with India's practice of excluding certain agricultural sectors from tariff liberalisation and using tariffs, phased reductions and quota mechanisms elsewhere.
February 7, 2026
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Interim trade agreement framework will cut import duties to boost two way trade and support manufacturing and farmers.
An interim trade agreement framework between India and the United States will reduce import duties on specified goods to boost two way trade and market access, while supporting domestic production initiatives and protecting agricultural interests; it also promotes innovation, technology partnerships and supply chain resilience to expand opportunities for entrepreneurs, MSMEs, startups, fishermen, women and youth.
February 7, 2026
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Film Godan spotlights Gau Mata to connect youth with culture and Sanatan Dharma through scientific and social messaging.
The film Godan is dedicated to Gau Mata and presents her significance through Indian culture, Sanatan Dharma, and scientific explanation, using true incidents to convey a social and spiritual message aimed at connecting youth with cultural roots. The release highlights a shifting film industry exploring diverse subjects and records public acknowledgements of support from multiple state chief ministers and religious leaders, with a disclaimer that the press material was supplied under arrangement and the distributor disclaims editorial responsibility.
February 7, 2026
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India US interim trade agreement reduces bilateral tariffs, expands market access, and ties concessions to stopping Russian oil imports.
A framework for an Interim Trade Agreement sets reciprocal tariff adjustments and prompt implementation toward a Bilateral Trade Agreement, reducing US duties on many Indian goods to 18% and requiring India to eliminate or lower tariffs on specified US industrial and agricultural products. The joint statement conditions concessions on India's commitment to cease direct or indirect imports of Russian oil, with the US reserving the right to reimpose a 25% additional duty if that commitment is breached.
February 7, 2026
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India US interim trade pact reduces US tariffs to 18% and expands market access while addressing non tariff barriers.
An interim trade framework commits the US to lower tariffs on covered Indian goods to 18% and to remove an additional 25% duty, while India will eliminate or reduce duties on US industrial and many agricultural products, protect specified sensitive agricultural and dairy items, undertake significant purchase commitments of US goods, and address long-standing non-tariff barriers with provisions for tariff rate quotas, negotiated sectoral outcomes, and discussions on standards and conformity assessment.
February 7, 2026
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Presidential social media post depicting the Obamas as primates was deleted after bipartisan backlash and raised vetting concerns.
A presidential social media post depicting the Obamas as primates was deleted after bipartisan backlash; the White House blamed a subordinate and defended the account while the president declined to apologise. The episode raised questions about social media governance, vetting procedures, staff responsibility for content dissemination, and the use of dehumanising racial tropes in political messaging.
February 7, 2026
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Affordable rental housing: state to convert vacant government buildings into rental units under PMAY-U 2.0 guidelines.
The government has instructed departments to identify vacant state-owned urban buildings for conversion into affordable rental housing under the Odisha Urban Housing Mission. Implementation follows PMAY-U 2.0: conversions or new rental housing may be carried out by public agencies or via public-private partnership, with cost recovery through rents. Local authorities will set initial rents by survey and may permit biennial increases of 8% up to a 20% aggregate cap over five years to maintain affordability.
February 7, 2026
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Iran-US talks in Oman focused on nuclear negotiations amid US military deterrence and new sanctions plus potential import tariffs.
Indirect Oman talks focused on a framework for further negotiations limited to Iran's nuclear programme, with Iranian insistence on dialogue without threats and US military presence underscoring deterrence. Simultaneously the US imposed sanctions targeting a shadow fleet, trading firms and executives, froze assets in US jurisdictions, and issued an executive order authorizing potential import taxes on goods from countries buying Iranian oil, removable if purchasers align with specified US security and policy interests.
February 7, 2026
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Interim trade agreement with the US aims to bolster Make in India, expand jobs, and deepen investment and technology ties.
An interim trade agreement framework with the United States is intended to bolster Make in India by opening opportunities for farmers, entrepreneurs, MSMEs, startups and fishermen, and by generating employment for women and youth. The framework emphasizes deepening investment and technology partnerships to promote innovation, and strengthening resilient, trusted supply chains to contribute to economic growth.
February 7, 2026
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India-US trade framework expands market access by lowering tariffs, addressing non tariff barriers, and increasing US purchases.
The India-United States framework commits India to eliminate or lower tariffs on all US industrial goods and many agricultural products, address longstanding non tariff barriers to imports, and increase purchases of US goods and services, including a stated target exceeding $500 billion; the arrangement is described as an interim, reciprocal trade agreement requiring further negotiation and implementation to make commitments operational.
February 7, 2026
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India-US interim trade pact cuts tariffs to 18%, removes extra 25% levy, and commits to reciprocal market access and barrier removal.
The framework establishes an Interim Agreement under which the US removes the additional 25% duty and reduces import duties on Indian goods to 18%, while India will eliminate or reduce tariffs on US industrial and agricultural products and grant a preferential tariff rate quota for certain automotive parts; the framework provides for product specific tariff eliminations upon conclusion, addresses non tariff barriers and standards cooperation, permits reciprocal modification of commitments, and will be converted into a legal agreement expected to be signed by mid March with concessions effective after signature.
February 7, 2026
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India-US interim trade framework reduces many tariffs, opens sectoral market access, and addresses non-tariff and digital trade barriers.
An interim trade framework sets reciprocal tariff reductions-many tariffs capped at 18% and zero tariffs for specified goods-and sectoral market access expansions for textiles, leather, chemicals, pharmaceuticals, gems, aircraft parts and select machinery. It includes negotiated exemptions, tariff rate quotas, mutually agreed rules of origin, commitments to remove non-tariff and digital trade barriers, measures to ease access for medical devices and ICT goods, and a reciprocal modification mechanism tied to tariff changes, alongside coordinated actions to strengthen supply chain resilience and technology trade.
February 7, 2026
Show AI Summary
US removes 25% tariffs on India after commitments to stop importing Russian oil and expand defence cooperation.
The President determined that India has taken significant steps to address the national emergency described in Executive Order 14066 by committing to stop directly or indirectly importing Russian Federation oil, to purchase energy products from the United States, and to expand defence cooperation, and accordingly eliminated the additional ad valorem rate of duty previously imposed on imports from India.
February 7, 2026
Show AI Summary
India-US trade framework protects sensitive agricultural and dairy products while US tariffs on Indian goods fall to 18%.
An interim India-US trade framework reduces US tariffs on Indian goods to 18% while India withholds duty concessions on a specified list of sensitive agricultural and dairy products (maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat) to protect small and marginal farmers; concurrently India will eliminate or reduce tariffs on various US food and agricultural items such as dried distillers' grains, tree nuts, processed fruit, soybean oil, and wine and spirits.
February 7, 2026
Show AI Summary
A president's racist social media post depicting the Obamas as primates was deleted amid bipartisan backlash and questions of responsibility.
A video posted to the president's social media account briefly depicted Barack and Michelle Obama with their faces imposed on jungle primates; it was deleted after bipartisan and civil society backlash and the White House said a subordinate staffer had posted the clip. The incident raised operative questions about accountability for official social media content, vetting procedures for presidential posts, calls for apology or staff discipline, and the broader context of historically racist dehumanising portrayals.
February 7, 2026
Show AI Summary
India-US trade framework cuts tariffs to 18%, expands market access, tackles non tariff barriers, and boosts tech trade.
The interim framework provides reciprocal tariff and market access commitments: the US will reduce import duties on Indian goods to 18 percent, while India will eliminate or reduce tariffs on US industrial and numerous agricultural products; it contemplates zero tariffs on specified goods upon conclusion, establishes rules of origin, commits to remove targeted non tariff barriers and restrictive import licensing, provides a preferential tariff rate quota for automotive parts consistent with national security, expands technology trade and cooperation, and includes mechanisms to modify commitments and strengthen economic security and supply chain resilience.
February 7, 2026
Show AI Summary
India-US interim trade framework cuts many US tariffs, removes duties on select goods, and protects sensitive farm and dairy items.
The interim trade framework reduces reciprocal US tariffs on Indian goods to 18% and eliminates tariffs to zero on specified items including generic pharmaceuticals, gems and diamonds, and aircraft parts; it provides tariff rate quotas and negotiated outcomes for auto parts and generic pharmaceuticals to boost export competitiveness in priority manufacturing sectors while preserving full protections for sensitive agricultural and dairy products such as maize, wheat, rice, soya, poultry, milk, cheese, ethanol, tobacco, certain vegetables and meat.
February 7, 2026
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US removes additional 25% duty on Indian imports as India commits to stop importing Russian oil and expand defence ties.
The executive action rescinds an additional 25 percent ad valorem duty on products of India effective for goods entered for consumption on or after February 7, 2026, contingent on India's commitment to cease directly or indirectly importing Russian oil, and provides that if the Secretary of Commerce finds resumption of such imports the executive branch may recommend reimposing the additional 25 percent duty.

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Merck Foundation Marks International Day of Zero Tolerance for Female Genital Mutilation 2026 Through Their 'Our Africa' TV Program

February 7, 2026

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Mumbai, Maharashtra, India & Abuja, Nigeria – Business Wire India • Dr. Rasha Kelej, Merck Foundation CEO together with African First Ladies together also mark ‘International Day of Zero Tolerance for Female Genital Mutilation 2026’ through their ‘More Than a Mother’ and ‘Educating Linda’ Programs • Merck Foundation CEO and African First Ladies continue their partnership to Advocate for Girl Education to End FGM Across Africa • Dr. Rasha Kelej emphasizes that Girl Education is Key to Ending Female Genital Mutilation, Child Marriage and Breaking Infertility Stigma around women Merck Foundation, the philanthropic arm of Merck KGaA Germany, together with African First Ladies, marks the International Day of Zero Tolerance for Female Genital Mutilation 2026 through their “More Than a Mother” and “Educating Linda” programs. Merck Foundation has also powerfully addressed the harms and dangers of Female Genital Mutilation (FGM) through a dedicated episode of their Pan-African TV program, “Our Africa by Merck Foundation”.

Watch the Episode of “Our Africa by Merck Foundation” TV program on Ending FGM here: https://youtu.be/7GtXkBYv_94 Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation and President of “More Than a Mother” campaign, expressed, “FGM is a harmful practice that violates the rights and dignity of millions of girls and women across Africa and beyond. It has no health benefits, only harms. Together with my dear sisters, the African Ladies, we are committed to breaking the silence, raising awareness, and empowering communities to stand against this deeply rooted tradition. Together, we can create a future where every girl has the freedom to live a healthy, empowered, and dignified life." “Through a specially dedicated episode of our very popular “Our Africa” TV program, we have communicated in detail the harms of FGM and appealed to African communities to stop this harmful practice. Moreover, together with African First Ladies, we annually launch our More Than a Mother Awards to recognize the best media work, films, songs, and fashion designs that raise awareness on ending FGM, supporting girls' education, and addressing other sensitive social issues”, added Dr. Rasha Kelej.

Submit the entries for Awards here: https://merck-foundation.com/Awards-Online-Application-Form “Our Africa by Merck Foundation” is a pan African TV program conceptualized, produced, directed, and co-hosted by Dr. Rasha Kelej, CEO of Merck Foundation.

The TV program has been broadcast on prime TV stations of many African countries including Kenya, Ghana, Uganda, Liberia, Sierra Leone, Burundi, Zambia, Namibia etc, and is currently available on Social Media handles of Dr. Rasha Kelej (Facebook, Instagram, Twitter and YouTube) and Merck Foundation (Facebook, Instagram, Twitter and YouTube).

As per WHO, around the world, over 230 million girls and women have undergone FGM. Africa accounts for the largest share of this total, with over 144 million. This accounts to more than 60% of the total cases.

“I firmly believe that education is one of the most essential pillars of women’s empowerment and plays a vital role in eliminating harmful practices like FGM, which serve no benefit to anyone. Therefore, through our “Educating Linda”, in partnership with First Ladies of Africa, we have provided till date more than 1200 annual scholarships to high-performing and underprivileged African schoolgirls from 19 countries, enabling them to complete their studies and reach their potential. Through these scholarships we have supported the education of girls from several African countries including Botswana, Burundi, Cabo Verde, the Central African Republic, the Democratic Republic of the Congo, Gabon, The Gambia, Ghana, Kenya, Liberia, Malawi, Namibia, Nigeria, São Tomé and Príncipe, Tanzania, Togo, Zambia, and Zimbabwe.

Moreover, Merck Foundation has benefitted thousands of girls by distributing essential school items, and through their awareness campaign which includes releasing many inspiring children’s storybooks, animation films and songs to support girl education.

Read Educating Linda Storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1623068469_6affa28d861b48da41cf.pdf# Watch Merck Foundation Animation Films on supporting girl education: • Jackeline’s Rescue: https://youtu.be/It1D-XEUjeY • Ride Into the Future: https://youtu.be/Piz_6Ob68mI Listen to Merck Foundation songs to support women empowerment and girl education: 1. Watch, share & subscribe “Girls Can” song here, sung by Cwesi Oteng from Ghana and Irene Logan from Liberia: https://youtu.be/6LP92vAWYgs 2. Watch, share & subscribe “Like Them” song here, sung by Kenneth, a famous singer from Uganda: https://www.youtube.com/watch?v=jCo52vtz3Q0 3. Watch, share & subscribe “Take me to School” song here, sung by Wezi, Afro-soul singer from Zambia, to support girls’ education: https://www.youtube.com/watch?v=rWcujLMbKSg 4. Watch share & subscribe “Tu Podes Sim” Portuguese song, which means “Yes, You Can” in English by Blaze and Tamyris Moiane, singers from Mozambique in English here: https://youtu.be/BGWR2S-mxl4 5. Watch, share & subscribe “ABC, 123” by Sean K from Namibia song here: https://youtu.be/4Z2i4Wh-bpk 6. Watch, share & subscribe “Brighter day” song by Sean K and Cwesi Oteng from Namibia and Ghana respectively: https://www.youtube.com/watch?v=I3_C4uyFuZk 7. Watch and share “Superwoman Song” by singers Cwezi and Adina from Ghana here: https://www.youtube.com/watch?v=NQ6ZprqAAJs Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality and equitable healthcare solutions in underserved communities, building healthcare and scientific research capacity, empowering girls in education, and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads, and Flickr.

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments, to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.

To View The Image, Click On The Link Below: Merck Foundation CEO, Dr Rasha Kelej marks International Day of Zero Tolerance for FGM 2026 (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 PWR

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