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    Trade deal with US gives another boost to India's roaring growth engine: Amit Shah
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February 7, 2026
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India-US trade agreement establishes reciprocal tariff cuts and duty removals to expand market access and two way trade.
Interim bilateral trade framework sets reciprocal tariff adjustments: the United States will reduce tariffs on specified Indian goods to 18% from about 50%, and India will eliminate or reduce import duties on all American industrial goods and a specified list of agricultural and food products, as the first phase of the broader Bilateral Trade Agreement, with formal signing expected by mid March.
February 7, 2026
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Mumbai mayoral election: BJP candidate Ritu Tawde nominated unopposed under a woman open-category reservation, process to proceed.
BJP's Ritu Tawde was nominated unopposed for Mumbai mayor after other parties did not file competing nominations by the filing deadline; the post was made reserved for a woman from the open category by a draw of lots. Officials recorded single nominations for mayor and deputy mayor before the deadline and the municipal election process will continue according to the scheduled withdrawal and procedural dates.
February 7, 2026
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State Bank of India's profit boosted by a Rs 2,200 crore mutual fund dividend amid stronger loan growth and regulatory support.
A Rs 2,200 crore special dividend from the IPO bound mutual fund arm materially lifted standalone net profit and non interest income. The bank raised its FY loan growth target to 13-15% amid 15.14% loan growth, a 72% credit deposit ratio, excess government securities holdings, and a large sanctioned loan pipeline. Management flagged regulatory support from RBI measures allowing bank lending to REITs and an RBI stance on compensating defrauded customers, while asset quality improved and capital adequacy stood at 14.04%.
February 7, 2026
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Partition of India occurred due to forgetting Hindu sentiment, and Hindutva preserves cultural unity, says RSS chief.
Mohan Bhagwat contended that the partition resulted from a neglect of collective Hindu sentiment and maintained that Hindutva need not displace personal religious practice, language or food habits, framing it instead as a guarantee of individual safety within the nation. He promoted dialogue to address factual criticisms of the RSS, opposed reliance on perception or propaganda, advocated balanced swadeshi with global interdependence (not tariff-driven), and called for social measures-family dialogue, self-pride and self-awareness-to strengthen peaceful co-existence.
February 7, 2026
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Ride-hailing drivers protest for minimum base fares and a ban on non-commercial vehicles operating commercially.
Drivers staged a coordinated partial stoppage refusing some bookings during demand surges to protest dynamic fare increases and to demand that the government notify a minimum base fare, and to bar use of non-commercial vehicles for commercial passenger and goods transport, pressing regulators to establish fare slabs and clarify vehicle classification.
February 7, 2026
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Assembly microphone cut off during a minister's speech, raising questions about speaking list rules and speaker discretion.
A minister's microphone was switched off while speaking because his name was not on the original speakers' list; the Speaker acknowledged the omission but exercised discretion to allot four minutes, after which warning and cutoff lights activated and the microphone was reportedly silenced, prompting visible displeasure and a subsequent cordial recess meeting with the Speaker.
February 7, 2026
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Indo US trade deal will expand market access, boost jobs and support Make in India while regional security concerns persist.
The Lieutenant Governor of Ladakh characterises the recent Indo US trade agreement as advancing India's economic objectives by expanding market access, benefiting farmers, creating jobs, and supporting initiatives such as Make in India and startup promotion toward a 'Viksit Bharat' by 2047. He condemns a terrorist bombing in Pakistan, attributes regional instability to Pakistan's security institutions undermining civilian governance, and links defence and technological progress to national advancement.
February 7, 2026
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US-India trade pact cuts or eliminates tariffs on many goods while addressing non-tariff barriers to trade.
The bilateral framework provides for immediate and phased tariff elimination and reduction on numerous industrial, food, agricultural, medical, and high-value goods, while preserving targeted protections such as minimum import prices. It also requires both parties to address non-tariff barriers, reform restrictive licensing for ICT goods, and establish quota-based and phased modalities; reciprocal zero-tariff access in the partner market is granted for a specified list of Indian agricultural and processed food exports.
February 7, 2026
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India US trade framework supports MSME integration, cuts tariffs and opens markets while protecting sensitive agricultural sectors.
The India US Interim Agreement framework modifies bilateral market access and duties to support MSME integration and reduce business costs: the US will cut tariffs on specified Indian goods to 18%, India will eliminate or lower duties on a wide range of US industrial and agricultural products, and India intends to purchase USD 500 billion of US goods over five years; the framework preserves safeguards for sensitive agricultural and dairy sectors and includes joint technology cooperation to position India as a hub for AI, data and digital services.
February 7, 2026
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Election projection: national party claims it will form government, citing increased funding and budget-driven development plans.
The national party asserts it will form the state government, citing a 23% rise in loans and doubled grants-in-aid as evidence of supportive central funding and linking the Viksit Bharat Budget 2026 to growth in Tourism, a Rare Earth Corridor, and High-Value Crops; it accuses prior administrations of sectoral stagnation, raises national security concerns over alleged local support for Islamist forces, and pledges cultural protection, empowerment of women, youth and farmers, and business-friendly measures.
February 7, 2026
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Bengaluru-Mumbai premium train service announced; Centre seeks state support for land acquisition under cooperative federalism.
Central projects, including a premium Bengaluru-Mumbai service and suburban rail expansion, depend on state cooperation for land acquisition under a policy of cooperative federalism; administrative prerequisites such as design approvals, tendering, testing, and electrification certification are reported as advanced for several services.
February 7, 2026
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India-US interim trade framework preserves agriculture and dairy while lowering tariffs and expanding market access for exporters and MSMEs.
The BJP defends the India-US interim trade framework as preserving sensitive agriculture and dairy sectors while reducing reciprocal tariffs to 18 percent and granting zero-tariff access in sectors such as generic pharmaceuticals, gems and diamonds, and aircraft parts, thereby boosting export competitiveness, supporting MSMEs, farmers and fishermen, and expanding market access and employment opportunities.
February 7, 2026
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India and the US agreed a framework reducing reciprocal tariffs and committing to phased duty eliminations and regulatory cooperation.
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February 7, 2026
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Jammu and Kashmir hydropower development urged; Centre brings region under SASCI with 50-year interest-free capital loans.
The Union Home Minister directed full utilisation of Jammu and Kashmir's hydropower projects and 100 per cent saturation of government welfare schemes, while the Centre brought the territory under the SASCI scheme for FY 2025-26 to enable access to 50-year interest-free loans for capital projects and emphasised fiscal discipline and targeted investments such as sports infrastructure and dairy sector promotion.
February 7, 2026
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India-Russia ties remain strong and open to expanded cooperation including nuclear SMR technology and infrastructure projects.
India and Russia maintain a strong bilateral relationship grounded in trust and mutual respect, with Moscow open to cooperation with any willing partner. Nuclear energy is a key area of collaboration, where Russian entities, including Rosatom, can provide SMR technology and pursue technology sharing and joint development. The Consul General also addressed reports about India's oil purchases by referring to Russian official statements, and highlighted bilateral talks on infrastructure projects as part of efforts to deepen ties.
February 7, 2026
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Assam historical fiction anthology recenters Assamese experiences and contests reductive insurgency narratives.
Colour My Grave Purple is an Assam-set anthology that recentres Assamese experiences across 1855-2019 to dispute insurgency-focused and exoticising narratives. Through ten stories-ranging from plantation labour and indigenous healing to missionary encounters and gendered nationalism-Sahin uses historical fiction and untranslated language to critique colonial epistemologies, contest possession of land and stories, and frame fiction as an act of cultural and epistemic reclamation.
February 7, 2026
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India US trade pact framework grants zero reciprocal tariffs on about USD 44bn of Indian exports, with targeted tariff reductions and exclusions.
An interim bilateral trade framework will reduce import duties to expand two way trade, granting about USD 44 billion of Indian exports zero reciprocal tariffs in the first phase; the US will reduce certain tariffs to 18%, India will eliminate or cut duties on a broad range of US industrial and agricultural goods, while preserving exclusions for specified sensitive sectors and product lines.
February 7, 2026
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Metta Vipassana retreats offered in India and online integrate loving-kindness, the 6Rs cycle, and embodied mindfulness practice.
Metta Vipassana retreats offered in India and online by the Dhamma Sukha tradition integrate loving-kindness with insight practice using a relaxation-oriented method and the 6Rs cycle (Recognize, Release, Relax, Re-smile, Return, Repeat). The program combines sitting and walking meditation, gentle movement, individual interviews, and daily discourse to foster embodied awareness, reduced reactivity, and sustainable practice applicable to daily life.
February 7, 2026
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India's built environment pitched as the next major greenfield investment frontier, driven by infrastructure delivery and governance.
India presents its built environment as a leading global greenfield investment opportunity, driven by rapid urbanisation, infrastructure delivery and projected urban contribution to national GDP. The argument links executed projects-metros, expressways, BRT, waterways-and integrated land use with institutional capital inflows, REIT activity, and green-certified building deployment. Emphasis is placed on governance consistency and transit-oriented, climate-resilient development as key conditions that make urban mobility, housing, energy and logistics investible at scale.
February 7, 2026
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Tech Setting India appoints Santosh Tiwari as CEO to drive India Advantage in emerging technology advisory.
Tech Setting India appoints Santosh Tiwari as CEO to lead strategic advisory services leveraging India's talent and technology across AI, quantum, space, biotech and skilling; the firm emphasizes experience in policy formulation, SEZ and defence offsets, renewable energy, AI policy, agri tech, labour and taxation reforms and foreign investment, and states Tiwari will assume the role from March to strengthen client delivery and advocacy.

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Ride hailing app services partially impacted as drivers go on strike

February 7, 2026

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New Delhi, Feb 7 (PTI) Ride-hailing apps such as Ola, Uber and Rapido were sporadically impacted on Saturday as drivers went on a partial strike across several cities in the country.

Telangana Gig and Platform Workers Union (TGPWU) had called for a "breakdown" on February 7 to protest against existing rules and practices of app-based transportation platforms.

It has demanded that the Centre and state governments should notify minimum base fare app-based transport services and bar the use of non-commercial vehicles for commercial passenger and goods transport.

"We received one of the biggest responses to our call for breakdown today. We had planned to sit with heads and our leaders of 20 states to protest against the practices of app-based transport services firms and unexpectedly driver partners also turned up at Jantar Mantar," TGPWU founder state President Shaik Salauddin told PTI.

He said the call was for a breakdown, which was meant to partially not accept bookings when there is peak demand.

"We can see data online. Therefore, whenever the demand surged our partners declined to accept booking. We want the government to come up with its own fare slabs including deciding a minimum base fare so that it is convenient for both drivers and consumers. When there is a surge in demand, apps increase prices 2-3 times which makes it inconvenient for users. We are against such practices," Salauddin said.

Drivers in some cities, including Delhi, Bangalore, Sonipat, Gorakhpur, on condition of anonymity, said that they were accepting service and did not see any impact around them.

App-based ride users, including those of Ola and Uber, posted on social media about drivers not turning up and, in some cases, asking to cancel the booking and pay them directly in cash.

A query sent to Ola, Uber and Rapido did not elicit any reply. PTI PRS MR MR

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