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    Rupee falls 1 paisa to close at 90.66 against US dollar
    ED constitutes SIT to probe multiple cases against Anil Dhirubhai Ambani Group
    RBI amends MSME lending directions, increases collateral-free loan limit to Rs 20 lakh
    AAP's Raghav Chadha demands LTCG tax be abolished, inflation-linked wage hike for all
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February 9, 2026
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Rupee volatility driven by importer dollar demand and an India-US interim trade framework reducing bilateral import duties.
Rupee volatility reflected competing forces-equity gains and foreign inflows versus risk-off sentiment and importer-driven dollar demand-set against an India-US interim trade framework reducing bilateral import duties and signalling large Indian purchases of US goods, with broader context from reserve gains, equity inflows, and commodity price movements.
February 9, 2026
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Anil Ambani Group alleged Rs 40,000 crore banking and corporate fraud is being probed under money laundering provisions.
A specialised investigative team has been constituted to probe alleged Rs 40,000 crore banking and corporate fraud by the Anil Dhirubhai Ambani Group under the Prevention of Money Laundering Act, with authority to file additional Enforcement Case Information Reports, examine alleged diversion of public funds and dubious financial transactions, and pursue asset attachment and restitution arising from suspected collusion, connivance and conspiracy among company executives.
February 9, 2026
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MSME lending: collateral-free loan limit raised to Rs 20 lakh; banks may extend to Rs 25 lakh under internal policy.
RBI amended the Master Direction on MSME lending to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, mandating banks not accept collateral for loans up to that amount and advising the same limit for PMEGP units. Banks may, under internal policy and based on borrowers' track record and financial position, dispense with collateral up to Rs 25 lakh and may use Credit Guarantee Scheme cover where applicable; voluntarily pledged gold and silver within the threshold will not breach the mandate. The amendments aim to strengthen last mile credit delivery and align MSME lending with other regulatory changes.
February 9, 2026
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LTCG tax abolition proposed for individual investors and a statutory inflation-linked wage adjustment urged.
Demand to abolish Long-Term Capital Gains tax for individual equity investors, arguing that pairing an elevated Securities Transaction Tax with LTCG disincentivises retail investment and that LTCG should be nil when STT is raised; also urging a statutory, inflation-linked wage adjustment formula for corporate, factory and gig workers, alongside proposals to address foreign portfolio investor outflows, increase public healthcare spending, and implement a blockchain-based land and property registry.
February 9, 2026
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Himachal Pradesh finances face cuts: rollback of subsidies, staff reductions, and pension migration to plug a major revenue shortfall.
Discontinuation of the Revenue Deficit Grant would create a fiscal shortfall-eliminating a funding source equal to 12.7% of the budget-and compel measures such as rolling back subsidies, abolishing long vacant posts, downsizing institutions, halting pay revisions, and migrating from the Old Pension Scheme to the Unified Pension Scheme to unlock borrowing, while causing inability to meet pay/pension arrears, DA/DR installments, and other liabilities.
February 9, 2026
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Ukrainian actor in Torres investment fraud case denied bail due to alleged large scale scheme and flight risk.
The accused is alleged to have participated in a criminal conspiracy under Platinum Hern Pvt Ltd's Torres scheme, a combination of Ponzi and MLM operations that collected Rs 148.89 crore from 14,964 investors by promising immediate and weekly returns on investments in moissanite, gold and diamonds. The court denied bail citing the nature, gravity and magnitude of the offence, ongoing related investigations with other registered crimes, absconding principal accused, and a real risk of the accused fleeing or tampering with prosecution evidence.
February 9, 2026
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Lamborghini crash in Kanpur: medical exam to assess fitness to drive; FIR filed, vehicle seized and investigation ongoing.
Police registered an FIR against an unidentified driver for rash and negligent driving after a Lamborghini crash that injured six; the car was seized and sent for mechanical inspection, CCTV is being analysed to determine speed, and the suspected driver will undergo medical tests to assess whether epilepsy or another condition contributed, with subsequent scrutiny of driving licence issuance and RTO procedures if medical unfitness is found.
February 9, 2026
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EPS-95 pensioners: 47.04 lakh receive under Rs 9,000 monthly; minimum pension remains Rs 1,000 via budget support.
EPS-95 is a Defined Contribution-Defined Benefit scheme funded by employer contributions of 8.33% of wages and a central government contribution of 1.16% on wages up to Rs 15,000; all benefits are paid from the Employees' Pension Fund. Currently 47.04 lakh of 82.11 lakh active pensioners receive less than Rs 9,000 monthly, and the government provides a minimum pension of Rs 1,000 per month through budgetary support in addition to the 1.16% contribution. The fund is valued annually under paragraph 32 to determine long term viability and account for future liabilities.
February 9, 2026
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Enforcement action seizes crypto and cash from Ahmedabad call centre that coerced victims into gift card payments.
Enforcement action targeted an Ahmedabad call centre that coerced foreign victims into gift card and digital payments, converted proceeds into cryptocurrency via online platforms with assistance from foreign nationals, and laundered most funds through cash, crypto and informal channels; investigators seized cryptocurrency (~USD12,000), unaccounted cash (Rs13.5 lakh), documents and devices, froze 31 bank accounts and a locker, and transferred seized crypto to an agency wallet for investigation.
February 9, 2026
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India energy procurement prioritises diversification and national interest; companies make market-based sourcing choices for secure, affordable supply.
India's energy procurement policy is guided by national interest and operationalised through supply diversification to ensure adequate availability, fair pricing, and reliability of supply; oil companies make sourcing decisions based on market conditions, assessing availability, risks, costs, logistical and financial factors alongside internal accountability and fiduciary responsibilities.
February 9, 2026
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Commerce minister meeting exporters to discuss US tariff reductions and EU FTA implications for export sectors.
A ministerial consultation will discuss a US framework reducing reciprocal tariffs on Indian goods from 25% to 18% and the removal of previously imposed 25% punitive tariffs, in the context of concluded negotiations with the European Union and sectoral impacts on textiles, leather and footwear, and gems and jewellery.
February 9, 2026
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Digital fraud, electoral roll revisions, and restrictions on animal sacrifice were addressed with directives and procedural orders.
Procedural and supervisory actions include directing courtroom assault allegations to senior judicial administration, deferring appellate review of a competition law penalty, setting aside an interim stay on relocating an administrative commission, ordering expedited out of turn hearing of a conviction challenge, refusing to cancel bail in a medical negligence prosecution, upholding prohibition on animal sacrifice with limited prayer rights at a religious site, protecting electoral roll revision from impediments, and directing the central administration to draft a multi stakeholder SOP to tackle large scale digital financial fraud.
February 9, 2026
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Lok Sabha Speaker removal notice proposed over disallowing opposition speeches, suspension of MPs, and alleged unaddressed allegations.
Opposition parties are preparing a notice under Article 94-C to move a resolution for the removal of the Lok Sabha Speaker for disallowing the Leader of the Opposition and others from speaking on the Motion of Thanks and for the suspension of eight opposition MPs; over 100 MPs have signed the draft notice, and opposition leaders have sought revocation of the suspensions and permission to debate, while the Speaker said he would consult the government before responding.
February 9, 2026
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Unpublished military memoir circulated online prompts FIR and Special Cell probe into unauthorized pre-release distribution.
An FIR alleges unauthorized circulation of a pre-print copy of an unpublished book by the former Chief of Army Staff after a PDF and finished cover image surfaced online without required clearance; the case has been registered with the Special Cell to investigate the purported leak or breach, identify the source, and examine distribution via social media and online platforms.
February 9, 2026
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Banks may extend collateral-free loans up to Rs 25 lakh to MSEs based on their track record.
Banks may dispense with collateral for loans to Micro and Small Enterprises up to a base limit of Rs 20 lakh and, based on the MSE unit's good track record and financial position, increase that dispensation up to Rs 25 lakh under their internal policy; banks may use Credit Guarantee Scheme cover where applicable and accepting voluntarily pledged gold and silver for loans within the collateral-free limit will not breach the mandate. The amended lending directions become effective April 1, 2026.
February 9, 2026
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Pakistan will invest USD 1 billion in AI by 2030 to build an AI ecosystem and scale education and workforce training.
The government committed USD 1 billion to build a national AI ecosystem by 2030, to be supported by an AI curriculum rollout in federally run schools and in Pakistan occupied Kashmir and remote Balochistan, 1,000 fully funded PhD scholarships in AI by 2030, and a nationwide program to train one million non IT professionals in AI skills to expand research capacity and workforce upskilling.
February 9, 2026
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India-US trade pact grants quota-based auto duty cuts and tariff reductions, expanding preferential market access for key sectors.
The pact calibrates tariff concessions and quota mechanisms to grant reduced or zero duties on specified industrial and agricultural exports, using immediate and phased eliminations, tariff reductions, margins of preference and Tariff Rate Quotas for sensitive items; automobiles, medical devices and electric vehicles are managed through quotas, phased schedules or exclusions, while select agricultural products receive zero additional duty and highly sensitive items remain exempt.
February 9, 2026
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Rahul Gandhi accused of systematic disruption of parliamentary proceedings and undermining constitutional institutions, BJP says.
BJP accuses Rahul Gandhi of systematic disruption of parliamentary proceedings and deliberately undermining constitutional institutions by obstructing sittings, evading substantive debate, and converting Parliament into a political battleground. The party cites obstruction of the President's Address, tearing papers at the Speaker's chair, heckling, absences from Budget debates, and alleged foreign contacts and remarks as illustrative conduct, framing these acts as demonstrating disregard for democratic norms and parliamentary decorum.
February 9, 2026
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India's energy procurement will be guided by national interest, keeping multiple and diversified crude oil supply sources.
National interest will be the determinative principle for India's energy procurement, with policy emphasising the maintenance of multiple suppliers and diversification of crude oil sourcing to ensure stability and security; sourcing decisions will be taken based on assessed national interests.
February 9, 2026
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Haryana civil aviation forms technical committee to frame SOPs and directs departments to upgrade and maintain state aerodromes.
A high-level technical committee, chaired by the Accountable Manager of the Civil Aviation Department, will prepare a Standard Operating Procedure (SOP) strictly in accordance with DGCA guidelines and examine technical staffing needs. The Public Works Department must prepare cost estimates and execute runway and allied safety works and conduct monthly inspections with reports to the Civil Aviation Department and Deputy Commissioners. The Horticulture Branch must ensure vegetation clearance and obstacle management, while Deputy Commissioners are designated nodal officers for inter-departmental coordination and timeline monitoring.

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Next Crypto To Explode: AI Agent Hype Pushes DeepSnitch AI to USD 1.50M, XMR and ADA Gearing for a Breakout

February 9, 2026

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AI platform founded by Crypto.com CEO Kris Marszalek, ai.com, announced the launch of the AI agent for retail use. The agent will be capable of trading stocks, automating workflows, and doing simple tasks like calendar and social media profile updates. Despite the momentary market downturn, DeepSnitch AI raised $1.50M. Since the project is focused on as many as five AI agents, it’s well-positioned as the next crypto to explode as the hype for AI agents reaches a boiling point. Moreover, the community anticipates DeepSnitch AI to go 100x after launch, meaning that traders can see a massive upside, along with receiving access to useful analytics and trading tools. AI agents ready to crack the mainstream Ai.com announced on February 6, the launch of an autonomous AI agent for retail users. The AI platform was founded by Crypto.com CEO Kris Marszalek. According to the announcement, the agent will handle tasks like trading stocks, automating workflows, updating calendars, and managing social profile changes. The company placed high emphasis on security, as agents will run with segregated, encrypted user data and robust, user-defined restrictions on permissions. Proponents of the AI agent technology believe autonomous agents could revolutionize crypto by automating trading strategies and wallet management, lowering the technical barrier for new users entering the blockchain. Since AI agents have grown in popularity, DeepSnitch AI, which operates five AI agents in a single central intelligence layer, is expected to be the next crypto to explode. Coins ready to rally 1. DeepSnitch AI: Why AI agent hype could make DSNT the next big cryptocurrency? The AI agent hype is exploding across the space, and DeepSnitch AI is perfectly positioned to ride that wave to literal greatness. Five specialized AI agents working together in one central layer give retail traders real institutional-grade power. This includes risk scoring, contract audits, whale wallet tracking, breakout spotting, and predictive detection of FUD storms and sentiment shifts before they wreck your chart. Since it uses multiple iterations of AI agents, DeepSnitch AI also includes a native LLM that allows you to simply paste in the CA and receive instant, straight-to-the-point risk assessment. At just $0.03906 entry, the presale has already pulled in $1.50M, showing strong conviction even in choppy markets. The community is buzzing hard on 100x post-launch potential, but the real draw is still its daily usability and mass adoption potential amid the AI agent hype. If it reaches the expected level of success, DeepSnitch AI could be one of the biggest breakout crypto projects of the season. https://youtu.be/PbMZo6oKFZU 2. Monero: Will the XMR pump continue? According to CoinMarketCap, XMR pumped to around $330 on February 7. Considering that many traders bet on XMR being the next crypto to explode, the recent 11% daily run is no surprise. However, the rally could face massive selling at $361. If the rejection from the overhead resistance happens, the bears will maintain control, and the breakdown to $276 becomes a possibility. Alternatively, if XMR closes above $361, the pump to $388 is next, with the next target set at the 20-day EMA at $432. 3. Cardano: Will ADA finally reach its full potential? ADA recovered to $0.27 on February 7, according to CoinMarketCap. If the current performance sticks, ADA could technically be the next crypto to explode, as the push to $0.32 could realistically happen. Naturally, sellers will start dumping at this level, but if ADA bulls clear the 20-day EMA at $0.32, it could end up challenging the overhead downtrend line. It’s always possible that the recovery will lose steam, so losing the battle at the 20-day EMA could indicate that the downtrend will extend to $0.20, followed by $0.15. Final words: Ride the AI agent revolution The AI agent hype is exploding right now, and DeepSnitch AI is perfectly positioned to be the next crypto to explode amid the wider popularization of the tech. With five specialized AI agents working together in one central layer, it gives retail traders real power: risk scoring, contract audits, breakout spotting, whale tracking, and predictive detection of FUD storms and sentiment flips before they crash your chart. The $1.50M in the bank is impressive enough on its own. But the active bonuses sweeten the deal even more: DSNTVIP300 unlocks 300% extra on $30K+ investments ($90K in additional tokens at current pricing). Ride the AI agent revolution with the DeepSnitch AI presale. Stay on top of X or Telegram for the latest updates. FAQs 1. What is the next crypto to explode? DeepSnitch AI stands out as the next crypto to explode, raising $1.50M at $0.03906 with five AI agents delivering risk scoring, contract audits, breakout detection, whale tracking, and early FUD/sentiment prediction - perfectly timed with surging AI agent hype. 2. Why is DeepSnitch AI positioned to benefit from AI agent trends? DeepSnitch AI combines five specialized AI agents in one LLM-powered platform for instant contract analysis, scam flags (rugs/honeypots), breakout spotting, and predictive sentiment/FUD alerts. This offers real retail utility as AI agents gain mainstream traction. 3. How is the launch of ai.com’s retail AI agent influencing crypto? ai.com (founded by Crypto.com CEO Kris Marszalek) released an autonomous AI agent for retail users on February 6, handling stock trading, workflows, calendars, and social updates with strong security. This could push AI agent technology to the mainstream. Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content. (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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