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    Exit poll shows Japan Premier Takaichi's ruling bloc on path to win majority in lower house vote
    India-“US trade deal in nation's favour, farmers' interests protected: Punjab BJP chief
    Indian goods to gain edge over China, others in US market after tariff cut to 18 pc: Goyal
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February 8, 2026
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Japan election poised to enable major shifts in defence, export and immigration rules with implications for civil liberties.
The projected lower-house supermajority for Prime Minister Takaichi's coalition would enable expedited legislative revisions to defence and security policy, including lifting weapons-export limits, enhancing offensive capabilities, increasing defence spending, and implementing tougher anti-espionage and immigration controls, raising potential tensions between national-security aims and civil-rights protections.
February 8, 2026
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India-US trade agreement claimed to boost industry and protect farmers by excluding Punjab crops and dairy.
The India-US trade agreement is described as promoting industrial growth and exports while expressly excluding Punjab-produced crops from import commitments and providing protection for the dairy sector to safeguard farmers' interests. Separately, two senior Punjab IAS officers were suspended amid allegations linked to a prolonged procurement delay for anganwadi smartphones, prompting calls for Administrative Tribunal intervention to prevent alleged pressure on officers to engage in wrongdoing.
February 8, 2026
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Indian exports gain a pricing edge after reciprocal tariffs cut to 18%, boosting competitiveness in labour intensive and agricultural sectors.
Reduction of India's reciprocal tariffs to 18% in the first phase bilateral trade framework with the United States is intended to secure market access and a pricing advantage for Indian exporters. Compared to higher levies faced by competitors (for example China 35%, Brazil 50%), the lower tariff is identified as enhancing competitiveness in labour intensive sectors and supporting agricultural exporters. The tariff cut is presented as commercially supported by industry and as a policy instrument to increase export value and farmers' incomes, with the framework expected to be signed by mid March.
February 8, 2026
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Quantum technology initiative accelerates investment approvals using escrow safeguards, mandatory timelines, and expedited clearances to boost manufacturing.
The policy requires investment proposals for the Quantum Valley to include mandatory timelines and proof of feasibility, subject to monthly progress reviews; uses escrow accounts to govern benefits and subsidies; excludes non-serious actors through prequalification and oversight; and implements an expedited clearance regime with targeted decision timelines to prevent abnormal delays and preserve investor viability.
February 8, 2026
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Mettur Dam water release urged to irrigate flowering paddy for 20 days and prevent widespread crop and livelihood losses.
Demand that the government release water from the Mettur Dam to supply irrigation to flowering paddy in the Delta region for about 20 days to prevent withering crops and severe economic loss to farmers who have taken loans; firsthand reports of parched fields and reliance on small pumps emphasise urgency and the need for immediate executive action to protect livelihoods and paddy production.
February 8, 2026
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Quota-based duty concession on DDGS to support animal and poultry sectors under the US-India trade framework.
India agreed to a quota-based duty concession on dried distillers' grains with solubles (DDGS) for the US under the first-phase bilateral trade framework, providing managed market access via a quantitative quota to support animal husbandry and poultry feed needs while balancing domestic interests and addressing concerns about duty reductions.
February 8, 2026
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Union Budget focuses on farmers, tourism, healthcare and productivity to boost rural employment and local infrastructure.
The Union Budget prioritises social welfare and rural prosperity through productivity-enhancing investments to address unemployment and improve living standards. It focuses on agricultural support-processing of pulses and oilseed crops, promotion of high-yielding seeds and measures to enable better price realisation for farmers-alongside tourism infrastructure development to generate local employment, with complementary commitments to healthcare and education to bolster human capital.
February 8, 2026
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Stone mining industry: prioritise environmental protection, safe mining and social security to sustain heritage and exports.
Prioritising environmental protection and ecological balance alongside safe mining practices is urged as a core policy objective for the stone industry, with social security for mining communities framed as a moral responsibility; this priority is set against Rajasthan's dominant production role and the sector's export, craftsmanship and heritage significance.
February 8, 2026
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India-US trade statement uses safeguards and calibrated openings to protect farmers while offering limited market access.
The India-US joint statement provides safeguards and calibrated market-opening measures to protect farmers and domestic industry from import surges while granting limited market access for certain pulses and lentils; no duty concessions were granted on dairy, genetically modified products, meat, poultry, soya meal and corn, with tariff differentials cited as an exporter advantage.
February 8, 2026
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India-US trade deal threatens Jammu and Kashmir horticulture if zero tariffs allow US agricultural imports.
The article argues that the India-US trade arrangement's allowance of zero tariff imports of agricultural products threatens Jammu and Kashmir's apple and walnut producers, while the regional budget is criticised for not addressing unemployment and for fiscal losses from an electric-bus subsidy that has allegedly displaced private transport operators.
February 8, 2026
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Free trade agreements require sharp, cautious negotiation balancing mutual sensitivities, rapport, and protection of national interests.
Commerce Minister Piyush Goyal described free trade agreement negotiations as intense processes requiring negotiators to be sharp and cautious because terms will affect nations for decades; he emphasised mutual respect for sensitivities, the utility of personal rapport to secure additional benefits, and the overriding need to protect national interests.
February 8, 2026
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India intends to purchase $500 billion of US goods over five years across energy, aviation, technology, and coal.
India and the United States finalised a framework for the first phase of a bilateral trade agreement under which India intends to purchase USD 500 billion of US goods over five years, targeting energy products, aircraft and parts, precious metals, technology products, and coking coal; the figure includes existing orders (notably significant aviation commitments) and is presented as conservative relative to projected import demand, contingent on US competitiveness.
February 8, 2026
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Uniform Civil Code should be framed by consensus and stakeholder consultation to avoid divisions and build trust.
Uniform Civil Code should be framed through broad consensus and structured stakeholder consultation to avoid social divisions, with large scale public suggestions cited as an exemplar; law reform is conditioned on inclusive procedure, trust, and dialogue with Muslim and Christian communities to align religious practice with non dominating principles.
February 8, 2026
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Household caregiver verification recommended to curb thefts using digital registration, ID checks and background details.
Kolkata Police recommended mandatory verification and digital registration of household employees via the Domestic Help Profile on the 'Bondhu' app or website, requiring identity proof, permanent address and photographs to enable background checks and faster investigation; awareness drives will encourage compliance, with family members urged to assist elderly residents in completing registration.
February 8, 2026
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Digital arrest scam used impersonation and coercion to extract funds; Rs 100 crore linked to shell accounts and directors arrested.
Two individuals were arrested in a digital arrest scam using impersonation, forged FIRs and threats to coerce victims into transferring funds; one victim paid Rs 40 lakh. A private limited company in west Delhi, with the accused as joint directors, operated as a conduit. Digital forensics traced layered fund movements through multiple bank accounts and UPI IDs linked to shell entities across states, with 190 complaints and suspected proceeds over Rs 100 crore connected to the network. The accused admitted opening multiple accounts; investigation continues.
February 8, 2026
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India Malaysia ties expand across trade, defence and counter terrorism, including semiconductor cooperation and local currency trade.
India and Malaysia agreed to deepen cooperation across trade, investment, defence, energy, advanced manufacturing and semiconductors via 11 agreements, promoted trade settlement in local currencies, and established an Indian Consulate General. They committed to strengthened counter terrorism cooperation-intelligence sharing, maritime security, defence ties, countering radicalisation and terrorism financing-and pledged coordinated support for reforms to make multilateral institutions more representative, including mutual backing on international candidatures and an expedited review of the ASEAN India Trade Agreement.
February 8, 2026
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Kerala paddy procurement bonus faces central review; state says discontinuation threatens farmers and food security.
The Union Finance Ministry asked Kerala to review and consider discontinuing its additional incentive bonus on paddy and wheat procurement, citing bumper production that has produced stocks exceeding PDS, buffer and contingency requirements and creating a recurring burden on the public exchequer; the state rejects this direction, defending its Rs 6.31 per kilogram bonus above the Minimum Support Price as necessary farmer support and contesting the fiscal-burden characterization.
February 8, 2026
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India-Malaysia cooperation expands in defence, semiconductors and trade while domestic governance and electoral actions advance.
India and Malaysia announced expanded cooperation in defence and security, semiconductor supply chains, and trade after leaders' talks. Concurrent domestic matters include calls for judicial intervention over a ruling party unit's allegedly targeting social-media video, a state request to expedite and fund sanctioned railway projects, emphasis on policy stability in the Union Budget, and a state offering thousands of Group B officers for a special electoral roll revision. An invitation for India to join an international supply-chain security initiative was also reported.
February 8, 2026
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Delhi hotel tariffs skyrocket as AI summit drives unprecedented demand and room rates into lakhs.
Five-star hotel tariffs and occupancy in New Delhi have surged for India AI Impact Summit dates, with standard rooms usually priced Rs 20,000-40,000 now listed at rates approaching and in some categories exceeding several lakh rupees per night; premium suites and club-level categories command multi-lakh rates or face minimum-stay conditions, and leading properties are nearly sold out or listing steep peak-season pricing.
February 8, 2026
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Japanese prime minister Sanae Takaichi seeks electoral majority to enact right-wing security, defence spending and immigration reforms.
Prime Minister Sanae Takaichi called a snap election to win a lower-house majority for a conservative agenda prioritising security and economic measures. Core operative aims include revising security and defence policy to develop offensive military capabilities, lifting the weapons export ban, increasing defence spending, tightening immigration and foreign-owner rules, and aligning more closely with the United States. Financing plans and diplomatic approaches to China were not detailed. The LDP's coalition with the Japan Innovation Party is framed as necessary to secure the legislative majority Takaichi says she needs to pursue these changes.

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KRAFTON RECORDS ANNUAL REVENUE OF KRW 3.3266 TRILLION IN 2025

February 9, 2026

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Bengaluru (Karnataka) [India], February 09: KRAFTON, Inc. today announced its full-year and fourth-quarter earnings for 2025 in its investor relations (IR) briefing. Annual revenue of KRW 3.3266 trillion, operating profit at KRW 1.0544 trillion - Record-high annual revenue driven by PUBG IP Franchise double-digit growth - New titles inZOI and MIMESIS surpassed one million sales each; 15 new projects in development - To secure mid- to long-term growth centered on core gaming business and Franchise IPs with long-term PLCs Based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS), KRAFTON reported annual revenue of KRW 3.3266 trillion and operating profit of KRW 1.0544 trillion in 2025. Annual revenue increased by KRW 616.8 billion (+22.8%) year-over-year, surpassing KRW 3 trillion for the first time in company history and marking an all-time high. Annual operating profit also exceeded KRW 1 trillion once again. Key Performance Highlights for FY 2025 Annual revenue by business segment recorded KRW 1.1846 trillion from PC, KRW 1.7407 trillion from mobile, KRW 42.8 billion from console, and KRW 358.5 billion from others. On PC platforms, the PUBG: BATTLEGROUNDS IP reached its highest annual revenue, having recorded 16% year-over-year growth. User engagement and traffic increased, as cultural elements were incorporated into gameplay via major collaborations with global artists and luxury brands, alongside diversified game modes. The November collaboration with luxury automaker Porsche particularly delivered the strongest performance among all supercar collaborations in PUBG history. inZOI and MIMESIS also contributed to revenue growth as they both surpassed one million units sold each since launching in March and October, respectively. With this, fourth quarter PC revenue reached KRW 287.4 billion, up roughly 24% year-over-year. On mobile, PUBG MOBILE continued to record growth by steadily expanding its core fanbase through new themed modes and World of Wonder (WoW) UGC updates. Additional growth was supported by cross-platform collaborations with PUBG PC and console, reinforcing a virtuous cycle across the broader PUBG IP Franchise and generating long-term growth momentum. BATTLEGROUNDS MOBILE INDIA (BGMI) also maintained stable performance, solidifying its position as a national game through India-exclusive skins, customized premium items, and strategic partnerships with well-known local brands. Compared to 2024, the number of paying users for PUBG MOBILE and BGMI increased by 5% and 27%, respectively. Other revenue surged 963% year-over-year, as it included the consolidated performance of ADK Group (ADK) and Neptune. Meanwhile, fourth quarter revenue totaled KRW 919.7 billion. A one-time expense of KRW 81.6 billion relating to a joint labor welfare fund covering the next four years—in line with the company’s plans to relocate to its new headquarters in Seongsu, Korea—was reflected in the quarter’s operating profit, recording KRW 2.4 billion. Business St​rategy for 2026 Building on its core gaming business, KRAFTON outlined a strategic vision focused on expanding Franchise IPs with long-term PLCs (Product Life Cycles) and leading future-facing AI innovation. The PUBG IP Franchise will continue to deliver double-digit growth, supported by strong traffic and robust live service operations. On PC and console, KRAFTON will provide culturally enhanced experiences through collaborations with globally renowned IPs, while creating synergy across the franchise through shared content. In parallel, PUBG will evolve as a PUBG 2.0 gameplay platform, driven by an upgrade to Unreal Engine 5, expanded game modes, and UGC updates. The company will also continue to diversify genres and platforms, targeting wider generations and regions through new titles based on the PUBG IP. Key projects include the extraction shooter Black Budget, the top-down tactical shooter PUBG: BLINDSPOT, and the console battle royale Valor. Under its mid- to long-term strategy centered on Big Franchise IPs, KRAFTON is focusing resources on scaling titles into long-term PLC franchises. inZOI, Last Epoch, and MIMESIS are aimed to become genre-leading IPs through continued improvements in game quality, enhanced live service operations, and diversified content offerings. To secure new Big Franchise IPs, KRAFTON will explore large-scale M&A opportunities targeted at generating immediate financial performance, while also pursuing small- to mid-scale M&A transactions to boost value by securing IPs with high growth potential. The company is also advancing strategic equity investments and second-party publishing (2PP) of teams with projects nearing release or demonstrated development capabilities. In terms of first-party production, KRAFTON is developing 15 new projects supported by newly recruited creative leadership and elite, small-scale teams. KRAFTON plans to further expand its development pipeline through its learn-fast, scale-up approach. In line with this strategy, new titles such as Subnautica 2, Palworld Mobile, Dinkum Together, and NO LAW are gearing up for launch as KRAFTON strengthens its IP lineup across a wide range of genres and platforms. Moreover, KRAFTON plans to expand its business scope and boost its fundamental competitiveness by leveraging its accumulated expertise and assets from its gaming business. The company will focus on delivering new gameplay experiences powered by AI and innovation across production and live service operations, as part of its “AI for Games” initiative. Over the mid- to long-term, KRAFTON will consider opportunities to extend into new frontiers such as physical AI under its “Game for AI” initiative, building on its capabilities and technologies in gaming. At the same time, KRAFTON will explore adjacent new business areas based on gaming synergy. With ADK, KRAFTON aims to maximize IP PLCs by linking games and animations, while improving marketing efficiency in the Japanese market. Neptune will leverage its advertising technology to expand KRAFTON’s influence in India and use traffic from core titles such as BGMI to unfold India-focused advertising business opportunities. Current year’s performance (2025) Previous year’s performance (2024) Current performance (Q4 2025) Revenue 33,266 27,098 9,197 Operating Profit 10,544 11,825 24 Table Description: Based on Krafton’s consolidated financial statements, operating (provisional) results for the fourth quarter of 2025 (unit: 100 million won) About KRAFTON, Inc. Headquartered in Korea, KRAFTON, Inc. is dedicated to discovering and publishing captivating games that offer fun and unique experiences. Established in 2007, KRAFTON is built on a global network of 19 creative studios that include PUBG STUDIOS, Striking Distance Studios, Unknown Worlds, Neon Giant, KRAFTON Montréal Studio, Bluehole Studio, RisingWings, 5minlab, Dreamotion, ReLU Games, Flyway Games, Tango Gameworks, inZOI Studio, JOFSOFT, Eleventh Hour Games, OmniCraft Labs, Olivetree Games, Loonshot Games, and 9B STUDIO. Each independent studio strives to continuously take on new challenges and leverage innovative technologies. Their goal is to win over more fans by broadening KRAFTON’s platforms and services. KRAFTON is responsible for premier game IPs, including PUBG: BATTLEGROUNDS, PUBG MOBILE, PUBG: BLINDSPOT, inZOI, Subnautica, MIMESIS, Hi-Fi Rush, Dinkum, TERA, My Little Puppy, and more. With a passionate and driven team across the globe, KRAFTON is a tech-forward company with world-class development capabilities, continuously exploring new possibilities that enhance the gameplay experience — including AI and other emerging technologies. For more information, visit www.krafton.com. About KRAFTON India In India, KRAFTON is responsible for premier mobile games, including BATTLEGROUNDS MOBILE INDIA (BGMI), which has surpassed 250 million downloads, Bullet Echo India, Road To Valor: Empires, and CookieRun India, among others. Committed to enhancing the start-up ecosystem in India, KRAFTON has invested over $200 million in several Indian startups across interactive entertainment, gaming, Esports, and technology since 2021. KRAFTON actively supports India’s game development ecosystem through its KRAFTON India Gaming Incubator. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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