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    Will have no problem in purchasing goods worth $500 bn from US in next 5 yrs: Goyal
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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.
February 8, 2026
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Union Budget 2026 27 anchors policy stability, multi year planning and capital expenditure to build Viksit Bharat.
Union Budget 2026 27 is anchored in policy stability and multi year planning toward 2047-2050, emphasising fiscal discipline over populist measures. The Budget prioritises capital expenditure and infrastructure expansion, highlights CPSE contributions and state utilisation of long term interest free loans for signature projects, and seeks to crowd in private investment to strengthen economic resilience and enable export led growth.
February 8, 2026
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High-Level Committee on Banking to recommend scaling banks and restructuring public sector NBFCs to meet development financing needs.
The government will set up a High-Level Committee on Banking for Viksit Bharat to recommend how to scale the banking sector to meet financing, credit and access needs while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring public sector NBFCs, noting PFC's 2019 majority acquisition of REC and the PFC board's in-principle approval to merge REC into PFC to improve scale and efficiency.
February 8, 2026
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Farm labourers duped into motorcycle loans; FIR filed against farm owner and two associates for fraud and intimidation.
An FIR alleges a farm owner and two associates induced illiterate tribal labourers to allow use of their Aadhaar and thumb impressions to obtain motorcycle loans without informed consent, resulting in two motorcycles purchased and victims receiving repayment notices; when confronted the accused allegedly assaulted and threatened a labourer. Charges include cheating by impersonation, dishonest inducement to obtain property, criminal intimidation, and intentional insult provoking breach of peace, and police are seeking the accused.
February 8, 2026
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Liquor shop auctions in Jammu and Kashmir raised significant revenue; no new wine shops planned.
The administration generated about Rs 2,152 crore from auctioning retail liquor outlets over two financial years, primarily from the Jammu region, and has stated that no new wine shops or JKEL-2 licences are proposed for 2026-27. Licence issuance and auction allocations are governed by domicile eligibility and other conditions under the J&K Excise Act, 1958 and the applicable Excise Policy.
February 8, 2026
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India-US trade deal excludes key agricultural products and bans imports of genetically modified products to protect farmers.
The interim India-US trade arrangement preserves national and farmer interests by excluding core agricultural commodities from tariff concessions, listing numerous staples, fruits, vegetables, dairy, meat, sugar, ethanol and tobacco as not eligible for tariff reductions, and affirming a prohibition on genetically modified product imports to protect seed and soil integrity.
February 8, 2026
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India-US trade agreement to cut tariffs, grant zero duty in select categories, and boost MSMEs, exports and jobs.
The proposed India-US interim trade framework would expand market access for exporters and strengthen MSMEs and labour intensive industries while safeguarding agriculture. Reportedly, average US tariffs on Indian products would be reduced from about 50% to 18%, with zero duty in selected categories; tariff cuts for textiles and apparel and zero duty for silk products are expected to benefit cluster based, labour intensive regions.
February 8, 2026
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India invited to join Pax Silica; interim trade framework reduces tariffs and removes punitive oil tariffs.
An invitation has been extended to India to join the Pax Silica initiative to secure and diversify silicon and critical minerals supply chains through cooperation on mining, processing, and related manufacturing; a forthcoming signing will integrate India into the programme. Parallelly, the parties reached an Interim Agreement framework under which India will reduce or eliminate tariffs on US industrial and agricultural goods and the US will reduce Indian tariffs to 18%, alongside an Executive Order removing a prior 25% punitive tariff on specified energy imports.
February 8, 2026
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National news schedule: regional political events, public safety incidents, and police advisory to report digital frauds promptly.
The national schedule highlights regional political briefings and official engagements, follow-ups on accidents and law and order incidents, and an operational advisory urging prompt reporting of digital frauds with better coordination among police cyber cells, banks and payment gateways. It also notes central government meetings addressing left wing extremism, reflecting ongoing security coordination and public safety responses.
February 8, 2026
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Shree Cements targets Q4FY26 volume rebound and aggressive RMC expansion to 45 plants while remaining debt free.
Shree Cements targets 9-9.5 million tonnes in Q4FY26 and expects total cement capacity to reach 72 million tonnes by March 2026 while keeping a long term 80 million tonne target. It plans rapid RMC expansion from 19 to 45 plants within six to eight months and has budgeted Rs 500 crore baseline capex next year for RMC and infrastructure. The company reports industry leading cost metrics, 61% green power from 634 MW renewables, a debt free balance sheet with ~Rs 6,000 crore cash, and anticipates a higher total dividend payout for the current fiscal.
February 8, 2026
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Bilateral ties strengthen counter terrorism, defence, intelligence sharing, semiconductor and trade cooperation, with focus on Indo Pacific stability.
The leaders committed to deepen counter terrorism collaboration through intelligence sharing, maritime security and broader defence cooperation, emphasising a policy of no double standards on terrorism. They also pledged expanded economic and technological cooperation in semiconductors, AI and digital technologies, health, food security, and trade to support regional development and Indo Pacific stability.
February 8, 2026
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Congressman Brandon Gill warns constituents that visible Islamic growth and new mosques are transforming local communities.
An elected Member of Congress asserted that visible Islamic presence and new mosques in his district have led constituents to feel their communities are culturally transformed, likening local malls to a foreign country; he linked these concerns to immigration and highlighted his policy focus on border security and related priorities.

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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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