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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.
The United States and India reached a framework for an Interim Agreement in which the US will reduce tariffs on specified Indian goods to 18% and India will eliminate or reduce duties on a wide range of US industrial, food and agricultural products, with immediate eliminations, phased reductions, quota-based concessions, sector-specific tariff relief (including zero tariffs on generic pharmaceuticals, gems and aircraft parts), regulatory cooperation on standards and commitments to address non-tariff barriers.
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.
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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.
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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.
February 7, 2026
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India-China trade resilience urged; diplomat advocates revisiting Press Note 3 to enable greater bilateral investment and cooperation.
India-China trade is characterized as resilient and mutually supported by multilateral trade commitments and economic complementarities-China's manufacturing and India's software and services-promoting cooperation rather than replacement in supply chains. The Consul General referenced Press Note 3 (2020), noting that reported adjustments to the prior-approval FDI regime for neighboring-country entities would be a positive step toward greater bilateral investment and broader economic, cultural and educational exchanges.
February 7, 2026
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Crypto presale DeepSnitch AI touted amid ETF outflows and 11% Fear & Greed Index as a buying signal.
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February 7, 2026
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Tether USDT hits record market cap while DeepSnitch AI presale nears $1.5M amid altcoin sell-off.
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February 7, 2026
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Wisely Ai deployed across operator network and handsets to block spam and scams in real time for 100 million users.
An AI-native anti-spam/anti-scam platform deployed across operator network and handset apps provides real-time content filtering, extends coverage to VoIP, detects malicious senders and CTAs, and makes millisecond automated decisions to block threats; operational metrics and claimed outcomes are reported. The announcement asserts privacy and security objectives but includes a forward-looking disclaimer that such prospective statements and third party data are subject to risks, uncertainties, and no warranty of completeness or ongoing accuracy.
February 7, 2026
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Transcorp International receives RBI in principle approval for Centralized Payment Systems enabling RTGS, NEFT and an IFSC allotment.
RBI in principle approval authorises Transcorp International Limited to participate in Centralized Payment Systems, enabling the company to build and operate a payments ecosystem with RTGS and NEFT capabilities, hold and operate a Reserve Bank of India bank account, and receive an allotted IFSC code, thereby strengthening its regulated payments infrastructure and supporting operational independence and regulatory compliance.
February 7, 2026
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Indian farmers' interests secured under Indo-US trade deal; crops protected and cluster support with subsidies for pulse mills.
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Astrological gemstones: Khanna Gems emphasises authentic, untreated stones, transparency, and ethical sourcing for consumer protection.
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February 7, 2026
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India's used car market is concentrated in a few states, with South and West driving most 2025 transactions.
India's 2025 used car market shows pronounced state-level concentration, with South India contributing about 41.5 percent and West India about 34.2 percent of transactions; six states (Maharashtra, Karnataka, Gujarat, Uttar Pradesh, Tamil Nadu, Telangana) together account for a majority of volumes, reflecting structural shifts such as rising ownership, faster replacement cycles, and growing digital transaction acceptance.
February 7, 2026
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Uno Minda showcases EV and CNG aftermarket solutions and immersive AR product experiences at Automechanika Delhi 2026.
Uno Minda showcased segmented aftermarket product zones at Automechanika Delhi 2026, featuring EV aftermarket components, CNG kits, new alloy wheels, advanced seating and lighting, and lubricants, supported by a Technology Experience Zone using interactive augmented reality to demonstrate product functionality and signal readiness for electrified and alternate fuel powertrains while emphasising distribution and partner engagement.
February 7, 2026
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Musical evening for senior citizens brought joy, music, dancing and honored caregivers and organisers with awards.
A musical programme at Shri Balaji Kailash Old Age Home organised by Dr. Er. Rtn. Rajainderr Jaina (OPC) Pvt. Ltd. Entertainment aimed to uplift elderly residents through live songs, dancing and tribute performances. The event included active resident participation, contributions from media and production personnel, and on stage recognition of the home's Founder and staff with Indian Star Awards, framed as part of a broader mission to bring happiness to seniors in care institutions.
February 7, 2026
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US motorcycles gain zero-duty access under interim trade pact for 800-1,600 cc and higher-capacity models.
The interim trade agreement grants zero-duty access to US motorcycle makers for 800-1,600 cc and above models, effective on the agreement's implementation date; it also provides India duty concessions on specified US passenger cars (diesel 2,500 cc and above; petrol 3,000 cc and above) while the US removes reciprocal tariffs on certain auto parts and applies an 18% rate on other components.
February 7, 2026
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US removal of 25% tariffs on Indian goods tied to India's commitment to stop importing Russian oil.
The United States will remove an additional 25% duty on Indian goods contingent on India's commitment to stop direct or indirect imports of Russian oil, while a concurrent India-US trade pact aims to expand market access for American farmers and producers through negotiated tariff and market access measures.

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PMLA / Black Money

Liquor scam: SC to hear after a week Chhattisgarh govt's plea against Chaitanya Baghel's bail

February 9, 2026

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New Delhi, Feb 9 (PTI) The Supreme Court on Monday said it would hear after a week the Chhattisgarh government's appeal challenging the bail granted to Chaitanya Baghel, son of former chief minister and senior Congress leader Bhupesh Baghel, in alleged liquor scam cases.

A bench of Chief Justice of India (CJI) Surya Kant and Justices Joymalya Bagchi and N V Anjaria was told by senior advocate Mahesh Jethmalani, appearing for Chhattisgarh, that one of the vital witnesses in the case was not coming forward after Chaitanya Baghel was granted bail.

The Enforcement Directorate (ED) has separately challenged his bail in a related money laundering case.

The bench said it would hear the matter after a week.

The top court also dealt with a separate plea filed by former Chhattisgarh chief minister Bhupesh Baghel's deputy secretary Saumya Chaurasia, who was arrested by the ED in December last year in connection with the alleged liquor scam in the state.

Senior advocate Mukul Rohatgi, appearing for Chaurasia, said the apex court had earlier granted bail to Chaurasia in other cases in which she was arrested.

"They have again registered a fresh FIR and arrested her in December," Rohatgi said, adding this is the sixth time that she has been arrested.

The bench asked her to approach the Chhattisgarh High Court for bail.

It said she may file her petition before the high court within a week and the high court may take her plea on a priority basis and decide it within two weeks.

The bench was also informed that Chaurasia was also arrested by the Economic Offences Wing (EOW) in a separate case on January 2.

The top court said she may move the high court to seek bail in that case as well.

Chaurasia, who was earlier granted bail by the apex court in the coal levy scam case, was re-arrested in the liquor cases by the probe agencies.

On January 15, the apex court deferred the hearing on the Chhattisgarh government's appeal challenging the grant of bail to Chaitanya Baghel.

While the state government alleged that Chaitanya Baghel was one of the prime accused and masterminds in the sensational case, his counsel had argued that the high court delivered a well-considered judgement in the case in which the probe was ongoing for the last two years.

On January 2, the high court granted bail to Chaitanya Baghel in two cases linked to the alleged liquor scam.

The single bench of Justice Arvind Kumar Verma allowed Chaitanya Baghel's bail pleas in a case lodged by the ED and another by the Chhattisgarh Anti-Corruption Bureau (ACB)/EOW.

In its order on the bail application in the ED's case, the high court noted that the applicant's alleged role was "significantly lesser" than that of several senior accused who have already been granted bail.

It said the alleged kingpins and principal beneficiaries Anwar Dhebar, Anil Tuteja, Arvind Singh, Arunpati Tripathi and Trilok Singh Dhillon have already been enlarged on bail by the Supreme Court, and denying bail to the applicant would violate the well-established principle of parity.

The high court observed that the investigation was largely documentary in nature and that Chaitanya Baghel had remained in custody for a considerable period.

It said the evidentiary value of the material collected by the ED, including statements under Section 50 of the Prevention of Money Laundering Act (PMLA) and financial and digital records, would be tested during trial and not conclusively assessed at the bail stage.

In a separate order granting him bail in the ACB/EOW case, the HC said it was a "grave violation of law" that the investigating officer failed to arrest Lakshmi Narayan Bansal (an accused in the case) despite a permanent/open-ended warrant issued by the special court.

The ED arrested Chaitanya Baghel on July 18 last year in its money laundering probe in the alleged scam, while the ACB/EOW placed him under arrest while he was in jail on September 24 in its case linked to the corruption probe.

The liquor "scam" in the state, according to the ED, was orchestrated between 2019 and 2022 when Chhattisgarh was governed by the Bhupesh Baghel-led Congress dispensation.

The alleged scam resulted in a "massive loss" to the state exchequer and filled the pockets of the beneficiaries of a liquor syndicate, it claimed.

According to the ED, Chaitanya Baghel was at the helm of the syndicate behind the alleged liquor scam and personally handled nearly Rs 1,000 crore generated through the scandal.

The ACB/EOW has claimed Chaitanya Baghel, along others managed the proceeds of crime at a higher level, and received around Rs 200-250 crore as his share.

The proceeds of crime linked to the scam could exceed Rs 3,500 crore, the state agency had claimed. PTI ABA SJK DIV DIV

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