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    Centre's support crucial to bridge J&K's infrastructure gaps, boost growth: Omar Abdullah
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February 6, 2026
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Jammu and Kashmir budget secures SASCI interest-free loans and mandates SPARSH/Aadhaar DBT to streamline funding.
Jammu and Kashmir's budget secures inclusion in the Special Assistance to States for Capital Investment (SASCI) scheme for 50 year interest free loans, reports utilisation and matching approvals for capital and disaster works, and implements financial-administration reforms including the SPARSH payment system and mandatory Aadhaar-based direct benefit transfers to streamline fund flow and bill processing.
February 6, 2026
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CyFi units improve detection of cyber and financial crimes in Navi Mumbai, raising detection rates and expanding CCTV infrastructure.
CyFi units at every police station in Navi Mumbai increased detection of cyber and economic offences: cybercrime detection rose from 18% (2024) to 35% (2025) and economic offence detection from 51% to 66%. The police also report a 6.5-minute average response time and forthcoming inauguration of a CCTV Command Centre; overall recorded cases rose from 7,369 (2024) to 7,835 (2025) with detections increasing from 5,678 to 6,278.
February 6, 2026
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Proposed anti-hate speech law aims to criminalise hateful statements; critics warn it may be used to target political rivals.
Proposed anti-hate speech law in Telangana aims to criminalise or regulate speech deemed hateful, modelled on a neighbouring state's draft, and is expected to create new bases for investigation and prosecution; critics allege selective enforcement targeting specific political actors and that the measure is intended to suppress political competition.
February 6, 2026
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TVK chief Vijay's challenge to a Rs 1.50 crore tax penalty failed on the ground that the penalty was within the limitation period.
The court held that the period of limitation for imposing the penalty is computed from the end of the month in which the appellate order is received, with a six month window; treating receipt of the ITAT order (dated December 22) as the trigger, the six month period expired on 30.06.2022 and the penalty order dated 30.06.2022 therefore fell within the prescribed limitation period.
February 6, 2026
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Haryana to launch a block-level mental health scheme, expand infrastructure, strengthen digital health systems and train staff.
Launch of a block-level mental health scheme to integrate mental healthcare into primary public health services, improve access across urban and rural areas, and strengthen digital health systems. Operational measures include completion of infrastructure projects, expansion of critical care capacity, and enhanced training for medical staff; the programme is supported by increased state health budget allocations and concurrent projects under state funding and the National Health Mission.
February 6, 2026
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West Bengal welfare budget defends expansive social spending, claiming major poverty reduction and targeted farmer transfers.
The interim welfare budget emphasizes sustained social spending and targeted transfers to reduce poverty and unemployment, citing a 1.72 crore poverty reduction claim and a 45.65% decline in unemployment for those aged 15+ between 2017-18 and 2023-24. Core measures include near-universal food and health coverage under Khadya Sathi and Swasthya Sathi, Rs 27,016 crore disbursed to 1.10 crore farmers under Krishak Bandhu, Kharif 2025 payouts, irrigation fee waivers, increased ASHA/ICDS honoraria and benefits, expanded support for gig workers, and contested central dues to the state.
February 6, 2026
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Gadchiroli to become a green steel hub with an integrated steel ecosystem and regional industrial development plans.
Transform Gadchiroli into a green steel hub by creating a comprehensive steel ecosystem to produce competitively priced steel, establish multiple industrial magnet hubs, and progress initial MoUs and large private investments. Complementary initiatives include an integrated automobile facility, integrated textile parks, an aviation training school, targeted skills development for industry, and three upcoming industrial clusters aimed at fostering export-oriented industries and regional economic contribution.
February 6, 2026
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Nirav Modi's bid to postpone a Bank of India civil trial over health and prison constraints was rejected.
An adjournment application based on severe vision loss, clinical depression and prison constraints was refused because the defendant would not suffer a substantial disadvantage nor be denied equality of opportunity in the imminent eight day Bank of India trial; the court criticised late notice and repeated delay tactics, treated operational failings by the Prison Service as unsatisfactory but not dispositive, and dismissed a late challenge to a purported personal guarantee.
February 6, 2026
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Kerala CM accuses Congress over Sabarimala gold case, questions need for a CBI probe and criticises Centre on high-speed rail project
The Chief Minister alleges a political nexus in the Sabarimala gold loss case, asserting that Devaswom authorities under a prior Congress administration permitted the prime accused's access and that a purportedly missing temple pedestal was later found in the accused's relative's home. He states a SIT is probing the matter under High Court monitoring while opponents demand a CBI probe and questions the political motives behind that demand.
February 6, 2026
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Reserve Bank keeps rates steady and caps digital fraud compensation at Rs 25,000 while courts weigh online right to be forgotten.
The Reserve Bank kept benchmark rates unchanged and announced a consumer compensation cap of Rs 25,000 for digital banking fraud victims; the Supreme Court will examine applying the right to be forgotten to online news while enhancing compensation awards in fatality cases; the election authority rescheduled final electoral rolls and extended objections periods; and the foreign ministry is coordinating with foreign authorities for the release of abducted nationals.
February 6, 2026
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Rupee volatility amid RBI rate pause, geopolitical tensions and oil price rise; reserves surge supports market liquidity
Rupee depreciation against the US dollar was driven by external factors including geopolitical uncertainty over US-Iran talks and rising global crude prices; this weakened the currency to 90.65 despite an earlier intraday appreciation. The Reserve Bank maintained the repo rate, a monetary policy pause that temporarily supported the rupee but did not prevent losses caused by sustained foreign fund outflows; outcome: the rupee closed lower. Concurrently, foreign institutional investment flows and a substantial increase in the forex reserves to a record high materially affected market liquidity and exchange rate dynamics, reinforcing the interplay between capital flows and exchange rate movements.
February 6, 2026
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Eknath Khadse land deal: non-bailable warrant issued after failure to appear in money laundering probe.
Non-bailable warrants were issued after the court rejected vague, undocumented exemption claims and ordered appearance for charge framing in a money laundering prosecution arising from an allegedly undervalued government land purchase; the court found prima facie material of criminal misconduct and sufficient evidence to proceed to trial, and adjourned the matter while similar warrants exist in a related anti-corruption matter.
February 6, 2026
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IndiGo plane experienced landing gear lever issue; manual mode used and aircraft landed safely before resuming flights.
An IndiGo A321 neo on flight 6E2157 experienced a landing gear lever issue that rendered automatic mode inoperative; crew used manual mode to land safely with over 210 persons aboard, the malfunction was addressed, and the aircraft later operated other flights.
February 6, 2026
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Trade deals opposed by unions seeking mass participation in Feb 12 strike over labour codes and agricultural guarantees.
Major workers' and farmers' organisations oppose recent India foreign trade negotiations and domestic policy measures as threats to agriculture, industry, employment and policy autonomy, alleging lack of transparency and stakeholder consultation; they demand parliamentary scrutiny, a legal guarantee of MSP, and rollback of the VB G RAM G Act, while contesting four labour codes as undermining association and collective bargaining rights and objecting to liberalisation measures across insurance, seeds, electricity, education and nuclear liability.
February 6, 2026
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Economy is stronger with stable inflation; central bank signals policy rates likely to stay low and sustain liquidity.
The central bank views growth as improving with stable inflation and expects policy rates to remain low for an extended period; the MPC split on stance with one member for "accommodative" and five for "neutral". Inflation volatility reflects base effects, food prices and commodity moves while core inflation shows no broad pressures. The bank revised up GDP forecasts partly due to an anticipated trade deal, denied active sales of US treasuries though reserve changes can affect holdings, and pledged ongoing liquidity to ensure transmission across credit, money and bond markets. It welcomed liberalisation of foreign investment in insurance and a tax holiday for data centres, and highlighted liquidity and stable funding ratios over cyclical credit-deposit concerns.
February 6, 2026
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NABARD approvals and halted revenue deficit grant risk major fiscal shortfall for state finances, prompting tougher revenue measures.
The state secured 73 project approvals totaling Rs 713.87 crore for 2025-26 across public works and water management, while the stoppage of the revenue deficit grant - a recurring constitutional transfer - is projected to create an almost Rs 50,000 crore shortfall, prompting plans for increased revenue measures and stricter financial management.
February 6, 2026
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AAP leader Lucky Oberoi shot dead in Jalandhar; police pursuing leads, technical analysis and charges filed.
An AAP leader, Lucky Oberoi, was fatally shot outside a Jalandhar gurdwara as CCTV captured an assailant and an accomplice fleeing on a two-wheeler. Police registered charges for murder, common intention and criminal conspiracy under the Bharatiya Nyaya Sanhita and offences under the Arms Act, and report multiple leads. Investigative steps include collection of mobile-tower dumps for technical analysis, IP tracking of an unverified social media claim, and review of reconnaissance possibilities; no organised-crime angle has been confirmed to date.
February 6, 2026
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Jammu and Kashmir tourism budget proposes Rs 180 crore for Amarnath Yatra and increased tourism infrastructure funding.
The budget allocates Rs 180 crore to modernise Shri Amarnath Ji pilgrimage infrastructure in partnership with the Border Roads Organisation, expands environmental infrastructure including a 3.2 MLD sewage treatment plant and solid waste management upgrades, increases tourism and youth affairs capital outlay to Rs 472 crore, and designates Rs 109 crore for culture-sector capital projects focused on heritage revival and museum modernisation.
February 6, 2026
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Jammu and Kashmir seeks economic self-reliance through multi-sector budgets prioritising agriculture, dairy, tourism and infrastructure investments.
The UT government frames economic self reliance as requiring sustained multi sector reforms, directing the budget to agriculture, horticulture, dairy expansion, industry, tourism and handicrafts while treating hydropower as a future, capital intensive revenue source. Operational priorities include strengthening canal irrigation and desilting, protecting productive agricultural land through constrained conversion, finalising the Jammu Master Plan, suspending damaging railway alignments, and allocating social measures such as free LPG cylinders and provisions for Kashmiri Pandits within a realistic fiscal stance.
February 6, 2026
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Sampre Nutrition's subsidiary to build a food processing facility in Egypt on a 30,000 sq m allocated site.
Sampre Nutrition's subsidiary will establish a food processing and confectionery manufacturing facility in Egypt after Orascom Industrial Parks approved allocation of a 30,000 sq m land parcel, enabling cross border expansion of manufacturing capacity and supporting the company's international growth strategy.

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Indian student launches Thomas Tours to boost graduate morale in London

February 7, 2026

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London, Feb 7 (PTI) A student from a village in Kerala, who recently completed his Master's in macro-economics from London School of Economics (LSE), has launched a unique tour guide service to earn a living wage and boost the morale of fellow graduates as they navigate a tough job market in the UK.

Jame Thomas Mathew from Mallapally in Thiruvalla decided to turn social entrepreneur with Thomas Tours, named after his grandfather, and offering new jobseekers like himself an opportunity to be gainfully employed on a part-time basis.

The 23-year-old tapped into the same budget mindset he mastered as a cash-strapped LSE student to curate itineraries that will enable visitors to explore London like a local, in a pocket-friendly and immersive way.

“Our unique selling point is that we provide authentic customised day tours, taking visitors around like a local using the Tube (London Underground) and famous red buses, while making the most of London’s walking friendly landscape,” explains Jame.

“I have been a cyclist ever since I moved to London and have learned a lot of shortcuts, a lot of ways to navigate the city on foot and otherwise. So, I know how to create an itinerary at almost half the budget of other city tourism alternatives, backed up by a mission to empower graduates in the city," he shares.

As someone on a Graduate Route visa – the post-study option that allows students to look for work after completing their university courses in the UK, Jame is at the frontline of a job market operating against the harsh backdrop of anti-immigrant rhetoric.

He observed fellow jobseekers take up demoralising roles in the retail sector simply to make ends meet, often getting trapped in zero-hour contracts that leave them little or no time to pursue promising career opportunities.

“I understand the financial plight of graduates like myself, who struggle to find formal employment in London. I’ve seen financial constraints force some of my friends to leave the city, while others worked in exploitative part-time jobs, often without so much as a smile in return," recalls Jame.

His social enterprise concept is designed to inject dignity while helping graduates earn a London Living Wage – which stands at 14.80 pounds an hour. With the prospect of added tips based on how the guides impress travellers with their local knowledge, Thomas Tours hopes to offer a wholesome alternative to ruthless part-time jobs.

“The idea is very simple: graduates need to have flexibility so they can do their formal job applications while earning enough to sustain themselves in the city. So, they can work for three days as a tour guide, have some certainty and financial stability, and devote the other days of the week to their applications and interviews,” says Jame.

Thomas Tours has a range of itineraries that cover the major landmarks of the UK capital under “Icons of London”, Museums, Shopping Streets as well as Sports and Theatre experiences. Within days of its launch at the end of January, Jame secured two bookings for the month of June and is all set for gradual growth.

The model is based around a free introductory online chat with a prospective traveller, followed by a bespoke itinerary that takes all their health and access needs on board. Payment would only change hands at the agreed meeting point in the city, with the guided tour incorporating money saving tips for key sites such as Westminster Abbey and Tower of London.

“Thomas Tours is a small effort to offer dignity and financial support to graduates like myself. Every penny goes directly to the graduate, who offers a personalised, thoughtful tour, while the client can feel satisfied that they are helping a graduate earn a fair wage in a city they have come to love,” reflects Jame.

The young economist is confident that the tailor-made nature of the concept will also help graduates engage with a broad range of travellers from different parts of the world, perhaps even potential employers in future. Thomas Tours has an intrinsic mental health component, aimed at counteracting any sense of loneliness and rejections encountered by young jobseekers.

Having played tour guide to several of his family members visiting from India, including elderly relatives, Jame feels well equipped to help others experience London hassle-free and to its fullest.

"Every corner of London is steeped in so much history. This graduate-led initiative will guide everyone through famous landmarks, tastiest local eateries that most tourists walk right past and all at affordable prices,” he adds. PTI AK SCY SCY

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