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February 7, 2026
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US stock market surges past 50,000 as tech stocks and bitcoin recover, no legal or regulatory issues discussed.
The document reports a sharp equity market rebound-Dow surpassing 50,000 with S&P 500 and Nasdaq gains driven by chip stocks and improved sentiment-and a recovery in bitcoin above USD 70,000; it contains no statutory, regulatory, compliance, governance, enforcement, or other legal content.
February 7, 2026
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Hooda-hosted lunch drew MPs across parties; Congress to press issues during Haryana Vidhan Sabha budget session.
Bhupinder Singh Hooda hosted a Delhi lunch attended by over 85 MPs and numerous legislators from multiple parties, including Rahul and Priyanka Gandhi, facilitating cross-party social engagement. Afterwards, Hooda chaired a Congress Legislative Party meeting and indicated the party will seek answers on several public-importance issues during the upcoming Haryana Vidhan Sabha budget session, signalling a planned legislative scrutiny agenda.
February 7, 2026
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Pan masala advertisement: issuance of a non-bailable warrant stayed while the bailable warrant cancellation is pursued.
The state consumer commission stayed issuance of a non-bailable warrant against the celebrity and restrained the district commission from issuing that warrant until the existing bailable warrant is executed, directing the district commission to expeditiously hear the pending application seeking cancellation of the bailable warrant.
February 7, 2026
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Jammu and Kashmir Budget defended as manifesto-driven; opposition brands it partisan and disappointing, citing unmet wage and youth employment needs.
The Jammu and Kashmir government presented a Rs 1.27 lakh crore Budget for 2026-27 defended as reflecting the National Conference manifesto and intended to promote growth, social harmony and prosperity. Opposition parties labelled the Budget partisan and criticised its failure to address long standing concerns of daily wagers, employees, unemployed youth and farmers, accusing the government of repackaging central schemes without new local initiatives. The Congress urged greater central funding given the UT's resource constraints, while business representatives welcomed selected infrastructure and scheme commitments.
February 6, 2026
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App-based taxi and auto-rickshaw drivers strike over panic-button costs, illegal bike taxis, and fare policies.
Drivers announced a nationwide one-day strike alleging that state declarations of many Central Government-approved panic button providers as unauthorized have forced costly device replacements (about Rs 12,000 each), causing severe financial hardship. The union also protests alleged illegal bike taxi services that purportedly deny accident victims insurance benefits, disputes ride aggregator fare policies as arbitrary, and links income loss to an expanded open permit policy for auto-rickshaws.
February 6, 2026
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Four family members found dead by hanging in a Rajgir dharmshala; police seized evidence and launched a special investigation team.
Four family members were found dead by hanging in a locked dharmshala room; police entered with a magistrate, conducted dog squad inspection and forensic photography, and seized phones, identity documents, cash, personal effects and 25 strips of sleeping pills. An inquest report was prepared, bodies sent to the district hospital for autopsy by a medical board with videography, and a special investigation team was constituted with inter state police coordination and a two member team sent to the victims' hometown.
February 6, 2026
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Chabahar port faces changing US sanction waivers, prompting India to assess exposure of its port operator.
The article highlights Chabahar's strategic role for access to Afghanistan and Central Asia and reports recent US sanctions developments: the revocation of a 2018 sanctions exception effective September 29, 2025, and a conditional waiver extended to April 26, 2026. India confirmed IPGL's ten-year contract to operate the Shahid Beheshti Terminal and its USD 120 million equipment contribution, and states it is engaging with relevant parties to assess and mitigate exposure to potential secondary sanctions.
February 6, 2026
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Return of Kashmiri Pandits depends on restoring their sense of security, beyond packages and housing measures.
Return of Kashmiri Pandits depends on restoring their sense of security; packages alone cannot ensure return. The government focuses on non-monetary measures including construction and allotment of transit accommodations (6,000 units targeted), community facilities, a PoK displaced persons bhawan, expanded civic and utility services, extension of health insurance benefits, and strengthened digital service delivery with a dedicated online platform for migrant certificates and grievance redressal.
February 6, 2026
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Amaravati Quantum Valley will be founded to build a quantum research hub through industry, academia and government partnerships.
The Amaravati Quantum Valley foundation will establish a quantum research and innovation hub through government, academia and private sector collaboration, formalised by launches, Memoranda of Understanding and agreements. Key components include the AQV launch, quantum cloud services from major firms, an IBM TCS Quantum Innovation Center, a Quantum Talent Hub, a Quantum Reference Facility by a private university, a quantum safe application, and agreements with nine companies to develop the ecosystem.
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.

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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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