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    India Shelter Finance Corp Ltd. Reports Q3 FY26 Gross Managed Asset Growth of 31% YoY to RS 10,365 Cr
    Israeli forces capture a local Sunni Islamist official and Hamas ally in southern Lebanon
    HC seeks CCI stand on plea by Basketball Federation against probe
    Rs 14,948 crore private investment in J&K since FY23: Dy CM
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February 9, 2026
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India Shelter Finance reports 31% YoY asset growth to Rs. 10,365 Cr; PAT rises 33% to Rs. 128 Cr.
India Shelter Finance reported Q3FY26 Gross Managed Assets up 31% YoY to Rs. 10,365 crore; Q3 disbursements Rs. 977 crore. PAT for the quarter was Rs. 128 crore (33% YoY), RoE 17.1% and RoA 5.8%, excluding a one time labor code impact. Net worth was Rs. 3,048 crore. Liquidity stood at Rs. 1,818 crore; cost of funds improved to 8.3% and spreads to 6.6%. Gross Stage 3 and Net Stage 3 ratios were 1.5% and 1.2%.
February 9, 2026
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Israeli forces capture Islamist official allied with Hamas in southern Lebanon; drone strike kills three civilians.
Israeli forces executed a targeted intelligence-based operation in southern Lebanon, detaining a local official of al-Jamaa al-Islamiya-linked to Hamas-and taking him to Israel for questioning; the group condemned the action as a sovereignty violation. An Israeli drone strike in Yanouh reportedly killed three people. The incidents are presented against a backdrop of ongoing Israeli strikes and incursions aimed at Hezbollah, the Fajr Forces' cooperation with Hezbollah, and recent external designations of certain Muslim Brotherhood branches as terrorist organizations.
February 9, 2026
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Basketball Federation challenges CCI investigation into alleged abuse of dominance and regulatory overreach affecting player participation.
The petition argues that the CCI exceeded its jurisdiction by treating the Basketball Federation's affiliation decisions, partner selection through transparent tendering, and warnings to players about unrecognised competitions as economic conduct attracting the Competition Act, and contests the CCI's prima facie finding under Sections 3 and 4 that prompted a Director General investigation.
February 9, 2026
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Jammu and Kashmir attracted significant private industrial investment supported by targeted policies, incentives, and procedural reforms.
Jammu and Kashmir reports Rs 14,948 crore in private industrial investment since 2022-23 with 1,452 units and 64,515 jobs, supported by policies including NCSS, 2021, J&K Industrial Policy 2021-30 and related land and estate policies; incentives cover subsidies for DG sets, automation, pollution control, turnover support, quality-certification and stamp duty exemptions, while procedural reforms-industrial estate upgrades, rationalised bye-laws, single-window clearances, time-bound utilities and labour law adjustments-aim to improve the industrial ecosystem.
February 9, 2026
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Opposition walkout after Chairman refused to allow a Leader of the Opposition's grievance to be recorded during Question Hour.
Opposition members walked out of the Rajya Sabha after the Chairman declined to permit the Leader of the Opposition in the Rajya Sabha to raise a grievance that the Lok Sabha Leader of the Opposition was not allowed to speak on the Motion of Thanks, ruling such remarks would not be recorded. The protest followed attempts to also raise concern about a Commerce Minister's statement made outside the House while Parliament was in session.
February 9, 2026
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Liquor scam: Supreme Court to hear challenge to Chaitanya Baghel's bail after a week filed by state.
Supreme Court will hear the Chhattisgarh government's appeal challenging bail granted to Chaitanya Baghel in alleged liquor scam cases after a week; the ED has separately challenged his bail under the Prevention of Money Laundering Act. The high court had granted bail citing the parity principle since several senior accused were released and treating the probe as largely documentary, holding that PMLA statements and financial and digital records are for trial evaluation rather than decisive at the bail stage.
February 9, 2026
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Tata Motors JLR plant in Tamil Nadu inaugurated; first Range Rover Evoque rolled out, boosting local manufacturing.
Tata Motors Jaguar Land Rover's 470 acre greenfield plant at Panapakkam was inaugurated and produced its first Range Rover Evoque, following a Rs 9,000 crore MoU and foundation stone laid in 2024. The facility will manufacture JLR luxury models and next generation vehicles for domestic and international markets, is linked to the "Make in India/Make in Tamil Nadu" initiative, and is expected to provide about 5,000 direct jobs.
February 9, 2026
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Ampere Nexus completed Kolli Hills' 70 hairpin ascent, showcasing durable LFP battery, high-strength chassis, and climb-focused motor.
Ampere Nexus completed an Asia Book of Records validated ascent of Kolli Hills' 70 hairpin bends in 22 minutes 10 seconds, demonstrating endurance through its LFP battery, high tensile steel dual frame chassis, and motor/software features (instant torque, regenerative braking, traction control) engineered for sustained climbs, repeated cornering, and varied load conditions as part of GEML's "Built for Bharat" product validation.
February 9, 2026
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Assam launches AI-based contactless remote patient monitoring in a public hospital to enable continuous vital monitoring and predictive clinical support.
Assam operationalised an AI driven hospital model by deploying a contactless, AI based remote patient monitoring system in a step down ICU at Gauhati Medical College and Hospital, installed by Lord's Mark Industries Ltd, providing continuous non intrusive vital monitoring, early risk detection, real time clinical insights, and predictive decision support to enhance patient safety, infection control, and clinical efficiency.
February 9, 2026
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China ASEAN Spring Festival event used performances, exhibitions and AI/AR to deepen cultural exchange and people to people ties.
China and ASEAN jointly hosted a cultural diplomacy event at the ASEAN Headquarters in Jakarta combining traditional and contemporary performances, a cultural market and exhibition, short video showcases, and AI/AR demonstrations to promote people to people connectivity, regional cultural exchange, and strengthened multilateral ties.
February 9, 2026
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Bartronics expands agri tech and carbon strategy by appointing a Head to scale Project Avio and farmer focused solutions.
Bartronics appointed Dr. Raja Krishna Murthy M to lead Project Avio Agritech, aiming to scale agri commerce, sustainable agriculture, digital advisory and high integrity carbon solutions by monetising the company's rural network and aggregating climate outcomes under VERRA, VCS and Gold Standard frameworks to access global markets while improving farm productivity, resilience and farmer incomes.
February 9, 2026
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Tokyo stock market jumped after a governing party secured a supermajority, enabling swift budget and market reforms.
A parliamentary election produced a supermajority in the lower house, enabling the governing party to pass budgetary measures and market-oriented reforms without broad coalition compromise; the immediate task is advancing a delayed budget to address rising costs and weak wages. Markets reacted with sharp equity gains on reduced political ambiguity, while currency and bond responses were more subdued, reflecting adjustments in fiscal policy timing, regulatory certainty, and short-term risk pricing.
February 9, 2026
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Sufi-Flamenco fusion blends Qawwali vocals and Flamenco dance in a cross-cultural dialogue at Kala Ghoda.
A Sufi-Flamenco fusion at Kala Ghoda paired Mujtaba Aziz Naza's devotional Qawwali vocals and rhythmic crescendos with Kunal Om's Flamenco palmas and zapateado, creating an improvisational conversation where rhythm and melody prompted reciprocal movement and musical response; performers and the festival director emphasized shared emotional intensity and cross-cultural dialogue, and the press release carried a disclaimer distancing the news agency from editorial responsibility.
February 9, 2026
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Meta WhatsApp privacy policy appeals deferred with hearing set and parties added in data sharing penalty dispute.
Supreme Court proceedings involve appeals by Meta and WhatsApp against a CCI order imposing a Rs 213.14 crore penalty for privacy and data sharing practices, raising issues of user consent, alleged market dominance through data aggregation, and the scope of permissible data sharing for advertising; the court deferred the hearing, allowed joinder of additional parties, and noted a CCI cross appeal against a tribunal decision that modified parts of the CCI order but retained the penalty.
February 9, 2026
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Lok Sabha proceedings adjourned after the Speaker called opposition interruptions planned disruptions during Question Hour.
The Speaker adjourned the Lok Sabha until noon after ruling that opposition interruptions during Question Hour were planned disruptions; he directed that issues outside Question Hour be raised during Zero Hour or the Union Budget debate and reiterated the Chair's authority to enforce order, noting the disruptions followed an earlier ruling disallowing the Leader of the Opposition from quoting an unpublished memoir excerpt.
February 9, 2026
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IIM Raipur launches Advanced Certificate Programme integrating AI and GenAI into general management for mid-level professionals.
IIM Raipur's 12-month Advanced Certificate Programme in General Management integrates AI, GenAI, analytics, and digital leadership into core management disciplines via a blended delivery with live sessions, recorded lectures, six industry-led GenAI masterclasses, and optional on-campus networking to equip early- to mid-level professionals with cross-functional fluency, data-led decision-making, and career support including structured career services, IIMJobs Pro membership, Executive Alumni Status, and three years of alumni benefits.
February 9, 2026
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InfraKraft signs MOU to build an Industry 4.0 architectural manufacturing hub in Kuppam, creating skilled jobs and advanced production capacity.
A Memorandum of Understanding commits InfraKraft to a 50 crore investment with the Government of Andhra Pradesh to establish an Industry 4.0 architectural manufacturing facility in Kuppam, using a hub-and-spoke digital production model and advanced technologies (additive manufacturing, 3D scanning, digital twins, five-axis CNC) supported by state and district agencies to drive output, job creation, and workforce skilling.
February 9, 2026
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Book Guilt Trip tackles fatphobia, sexism and motherhood guilt with satirical voice and unapologetic desi humour.
Gender bias, fatphobia and prescriptive expectations of motherhood are critiqued through satire and personal narrative in Rajani Tewari's debut, which confronts everyday discrimination across family, matchmaking and workplace contexts by transforming shame and guilt into humorous, pointed commentary and advocating permission for emotional messiness.
February 9, 2026
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India-US trade deal faces criticism over ministerial coordination and tariffs, and includes tariff cuts plus safeguards.
The piece reports criticism of ministerial disunity over Russian oil and the India US trade agreement, and summarizes the joint framework: India's intent to purchase up to USD 500 billion of specified US goods over five years, US tariff reductions to 18 per cent, removal by Executive Order of punitive 25 per cent tariffs tied to Russian oil, and Commerce Ministry assurances that safeguard measures are included to protect farmers and domestic industry from import surges.
February 9, 2026
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Union directive to end Kerala paddy bonus prompts BJP demand for withdrawal, citing state food security and production realities.
The Union Ministry of Finance directed Kerala to review and consider discontinuing its additional paddy bonus, citing excess central rice stocks and recurring fiscal burden, and suggested shifting incentives to pulses, oilseeds and millets. Kerala BJP sought withdrawal, contending Kerala's small holdings, declining paddy production and food-security focus render the surplus-stock rationale inapplicable and calling for separate treatment; it also alleged inadequate state support for farmers on production costs, procurement and marketing.

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Ahmedabad University Announces Institute of Manufacturing and Economy at R&D Conclave on the Changing Nature of Innovation

February 9, 2026

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Ahmedabad, Gujarat, India (NewsVoir) India stands at a critical juncture, with manufacturing expected to drive the next phase of growth and development. Recent Free Trade Agreements are expected to intensify global competition while opening new opportunities for Indian firms to integrate into global markets. At the same time, India’s development trajectory will require increasing manufacturing’s contribution to GDP from about 15 percent to 25 percent, while addressing a dual challenge of leading in innovation-driven, technology-intensive manufacturing and enabling labour-intensive enterprises to achieve high productivity and create jobs.

These imperatives formed the backdrop to the R&D Conclave on the Changing Nature of Innovation, held at Ahmedabad University in collaboration with the Centre for Technology, Innovation and Economic Research (CTIER). The Conclave brought together perspectives from national research and funding institutions, government, industry, and academia, including participation from the Anusandhan National Research Foundation (ANRF), the Ministry of Electronics and Information Technology, Centre for Sustainable Energy and Mobility (C-SEM) and industry leaders from Tata Chemicals, Pidilite Industries Limited, and NXP Semiconductors.

In his keynote address at the conclave, Shivkumar Kalyanaraman, Chief Executive Officer of ANRF, spoke about the various mechanisms being put in place to strengthen collaboration between industry and academia in advanced manufacturing. He also emphasised the growing importance of interdisciplinary approaches in addressing complex technological and manufacturing challenges, and the need to align research, talent development, and industrial capability building.

On the sidelines of the Conclave, Ahmedabad University announced the setting up of the Institute of Manufacturing and Economy to rethink the future of manufacturing in relation to innovation, productivity, and economic strategy.

The transformation of manufacturing demands advances in materials, processes, and digital manufacturing, alongside stronger linkages between small and large firms and better coordination across supply chains. It also requires new approaches to talent development and to research, both managerial and technological, to enhance productivity and innovation.

Conceived in response, the Institute of Manufacturing and Economy brings together scientists, engineers, economists, managers, social scientists, policymakers, and industry practitioners, and treats manufacturing as a cross-disciplinary challenge spanning engineering, management, public policy, economics, and science, with a strong emphasis on collaboration with industry and government.

“Manufacturing challenges cannot be addressed in isolation. Envisioned as a leading global centre for research, education, innovation, and industrial problem-solving, the Institute recognises that productivity, technology adoption, research translation, workforce readiness, and supply chain coordination require integrated perspectives and sustained collaboration between academia, industry, and policymakers,” said Professor Pankaj Chandra, Vice Chancellor of Ahmedabad University. Through sustained engagement with firms and industrial clusters, the Institute aims to translate research into solutions relevant to manufacturing practice while developing a distinct and informed point of view on Indian manufacturing.

According to Professor Sunil Kale, Dean of the School of Engineering and Applied Science and Co-Director of the Institute, strengthening manufacturing requires close engagement with firms alongside a deep understanding of industrial policy, labour capabilities, productivity, and innovation systems. Advanced manufacturing will require systems integration that brings AI into various production domains. The Institute is planned to work closely with manufacturing industry in India.

The Institute’s activities will include new product and process optimisation, executive education programmes, manufacturing clinics for SMEs, publishing policy and competitiveness reports, and the biannual Stepwell Manufacturing and Economy Dialogue. It will also support postgraduate education at Ahmedabad University in areas such as composites, microelectronics and semiconductors, advanced manufacturing, 3D printing and operations management, alongside initiatives that support startups in advanced manufacturing.

The Institute draws on the breadth and depth of facilities at Ahmedabad University, including cutting-edge laboratories, fabrication and prototyping shops, The Learning Factory, VentureStudio, Tinkerers’ Laboratory, High Performance Computing infrastructure, Bloomberg Laboratory and incubation and research infrastructure. These facilities will support collaborative research, prototyping, testing, and training in partnership with industry. Through its integrated approach to research, education, and industry collaboration, the Institute of Manufacturing and Economy seeks to contribute to India’s transition towards a high-productivity, innovation-driven manufacturing ecosystem.

About Ahmedabad University Ahmedabad University is a leading private, non-profit research university offering students a liberal education focused on interdisciplinary learning, practice orientation, and research thinking.

The University has been • Recognised by the Government of Gujarat as a Centre of Excellence.

• Accredited with 'A' grade by the National Assessment and Accreditation Council (NAAC).

• Awarded Leadership and Management Team of the Year at the Times Higher Education Awards Asia 2025.

• Awarded a 5-star rating, the highest awarded in the Gujarat State Institutional Rating Framework (GSIRF) for 2021-22 and 2023-24, by the Knowledge Consortium of Gujarat (KCG), Department of Education, Government of Gujarat.

• Awarded the Royal Institute of British Architects (RIBA) International Award for Excellence 2024 for our University Centre.

• Awarded a 'Platinum Rating' by the Indian Green Building Council for sustainability and green practices.

• Recognised by the UGC under Section 12(B) of the UGC Act, becoming one of the very few private research universities to have been awarded this recognition for select research universities.

• Recognised as a Highly Commended University for Teaching and Learning Strategy of the Year in the Times Higher Education (THE) Awards Asia 2023.

• Awarded the AACSB’s Innovations That Inspire Award 2023 for its Foundation Programme.

• Awarded Gold Rating by the Indian Green Building Council for achieving the Green Building Standards at our University Centre.

The University, established in 2009, is rooted in the vision of one of India’s finest educational foundations, the Ahmedabad Education Society, which was founded in 1935 by nationalist leaders. Programmes at the University range from bachelors to doctoral levels in humanities and social sciences, natural sciences, engineering, and management through its 14 Schools and Centres: Amrut Mody School of Management | Bagchi School of Public Health | School of Arts and Sciences | School of Engineering and Applied Science | Ahmedabad Design Lab | Centre for Heritage Management | Centre for Learning Futures | Global Centre for Environment and Energy | International Centre for Space and Cosmology | Sahyog: Centre for Promoting Health | Stepwell Centre for Asian Futures | The Climate Institute | The Institute of Manufacturing and Economy | VentureStudio An urban university, Ahmedabad promotes independent-mindedness and diversity across all dimensions of its activity and helps students mature into critical thinkers who are analytically equipped, practically oriented, and contextually aware global citizens. The University provides a contemporary educational framework that brings liberal arts, sciences, and the professions to engage together in creating new knowledge for addressing complex challenges of the society and in offering majors that merge the boundaries of disciplines to prepare students for the new economy.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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