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    SBI Q3 profit up 13 pc at Rs 21,317 cr
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February 7, 2026
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SBI Q3 net profit rises 13% to Rs 21,317 crore; capital adequacy and asset quality improved.
State Bank of India reported consolidated net profit of Rs 21,317 crore for Q3 FY26 (up 13.06% yoy) and standalone net profit of Rs 21,028 crore (up 24.48% yoy); standalone total income rose to Rs 1,40,915 crore and expenses to Rs 1,08,052 crore. Gross NPA ratio improved to 1.57% from 1.73% sequentially, provisions increased to Rs 4,507 crore year-on-year, and overall capital adequacy stood at 14.04% with a core buffer of 10.99% as of December 31, 2025.
February 7, 2026
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Divine Drop Festival blends traditional devotional rites with contemporary performances to broaden audience appeal.
The Divine Drop Festival integrated traditional devotional rites-Ganesh Vandana, Hanuman Chalisa, Shiv Tandav and Ganga Aarti-with contemporary performance elements (dance, live band, poetry) to shift devotional gatherings from bhajan-only formats to hybrid spiritual-cultural experiences designed to engage multiple generations.
February 7, 2026
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Maiden Rajya Sabha speech by C Sadanandan Master praised for moral strength, patriotic tone, and focus on Kerala development.
Prime Minister Narendra Modi commended BJP-nominated Rajya Sabha MP C Sadanandan Master for his maiden Upper House speech, praising its moral strength, conviction and calm presentation; noted Sadanandan's display of his artificial limbs and the allegation of a decades-old politically motivated attack; observed the MP's patriotism and focus on Kerala's development and the anticipated benefits to the state from recently presented Budget measures.
February 7, 2026
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India US interim trade framework will reduce compliance burdens and streamline exports for Indian businesses, boosting competitiveness.
The India US interim trade framework is described as a regulatory arrangement to reduce compliance burdens and streamline export procedures by eliminating repetitive testing and aligning standards, thereby lowering transaction costs and facilitating deeper integration of Indian digital products and technology components into global value chains.
February 7, 2026
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India US interim trade pact requires India to stop Russian oil imports and reduce duties on US goods, risking trade shifts.
The interim India US framework commits India to cease direct or indirect imports of Russian oil under penalty of a reinstated 25% tariff if non compliance is found, and provides for reciprocal tariff reductions: India will eliminate or reduce duties on a broad set of US industrial and agricultural goods while US duties on certain Indian goods will fall to 18%, with prompt implementation intended and further negotiation toward a Bilateral Trade Agreement.
February 7, 2026
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US India interim trade framework establishes reciprocal tariff adjustments, rules of origin, and commitments to reduce non tariff barriers.
An interim trade framework establishes reciprocal tariff and market access commitments: India will reduce or eliminate tariffs on U.S. industrial and specified agricultural goods while the United States will apply an 18 percent reciprocal tariff on designated Indian-origin goods and, subject to the Interim Agreement, remove that reciprocal tariff for a range of goods. The parties will adopt rules of origin ensuring benefits accrue predominantly to them, address long-standing non-tariff barriers including medical devices and ICT licensing, discuss standards and conformity assessment procedures, and pursue broader BTA negotiations to expand market access, digital trade rules, and economic security alignment.
February 7, 2026
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Credit derivatives: draft enables derivatives on credit indices and total return swaps; public feedback invited by Feb 27.
The Reserve Bank has published a draft revised Master Direction consolidating provisions for credit derivatives, including credit default swaps, and proposing enabling provisions for derivatives on credit indices and total return swaps on corporate bonds; public comments are invited by February 27, 2026 by email or postal submission to the Chief General Manager, Financial Markets Regulation Department.
February 7, 2026
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RBI invites comments on draft amendment removing prior approval for NBFC branch openings in India.
The Reserve Bank published Amendment Directions, 2026, removing the requirement of prior approval or intimation for NBFCs (including Housing Finance Companies) to open branches in India and inviting comments on the draft until February 27, 2026 via the 'Connect 2 Regulate' portal or by submission to the Registration and Authorisation Group; relevant provisions of the Directions on Acceptance of Public Deposits and Housing Finance Companies will be amended consequentially.
February 7, 2026
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Karnataka Deputy Chief Minister D K Shivakumar says elevation timing uncertain and all must abide by party high command.
Deputy Chief Minister D K Shivakumar stated that the timing of any elevation to chief ministership depends on the Congress high command, that everyone must abide by the party's decision, and he would not predict a post budget change.
February 7, 2026
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Assembly proposal condemns MLA remarks on madrasa funding; remarks expunged and opposition staged brief walkout.
Speaker allowed a government member to move a resolution condemning an opposition MLA's remarks alleging madrasa funding supports "anti-social elements" in a minority community; the Speaker said such communal comments would not be permitted, the matter is under consideration, and the contested portions of the MLA's speech were expunged from House records, prompting a brief opposition walkout and competing claims about the propriety and motive for the action.
February 7, 2026
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Vinay Kumar Dubey honoured for legal excellence, NPA resolution work and extensive social-service initiatives supporting vulnerable communities.
Vinay Kumar Dubey, Chairman of VKDL NPA Advisory Council and member of the Hindi Advisory Committee, was honoured for professional contributions, expertise in NPA resolution balancing bank, industry and public interests, and longstanding legal assistance to economically weaker sections.
February 7, 2026
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International oil smuggling disrupted by mid sea transfers; vessels seized and to be handed to customs for investigation.
An international oil smuggling syndicate using coordinated mid sea transfers to evade duties was intercepted when three vessels were boarded about 100 nautical miles west of Mumbai. Digital surveillance and vessel movement pattern analysis within the Exclusive Economic Zone identified suspects; onboard electronic data, document checks, and crew interrogation corroborated the scheme. The vessels, suspected of frequent identity changes and foreign ownership, will be escorted to Mumbai and handed to Customs and law enforcement for further investigation and action.
February 7, 2026
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Satish Gupta's Gujarat debut exhibition spotlights Ahmedabad's emergence within India's growing contemporary art market.
Satish Gupta's Gujarat debut solo exhibition 'Haiku of a Still Mind' at Bespoke Art Gallery in Ahmedabad is presented as the state's first museum-quality solo show of his spiritually rooted work, curated by Devin Gawarwala, featuring paintings and metal sculptures priced between Rs. 5 lakh and Rs. 5 crore and positioned as a milestone within a national market projected to reach Rs. 5,000 crore by 2030 amid rising domestic collectors, HNW participation, and institutional buying.
February 7, 2026
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Voter deletions in India via roll-revision risk excluding marginalised citizens absent transparency and safeguards.
The article argues that the Election Commission's Special Intensive Revision can operate as a mechanism for widespread voter deletions-through classifications like deaths, migration or "logical discrepancy"-disproportionately affecting marginalised groups. It notes state-level resistance and court challenges reframing timing, implementation and bias as issues of transparency and accountability, and warns that without safeguards and scrutiny such exercises risk becoming tools for electoral exclusion.
February 7, 2026
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Oil smuggling operation intercepted mid-sea; three vessels detained and set for handover to customs and enforcement agencies.
Coast Guard forces interdicted three vessels after digital maritime surveillance detected an illicit ship-to-ship transfer about 100 nautical miles offshore; boardings, document verification, electronic data corroboration, and crew interviews established a syndicate modus operandi involving vessel identity changes to evade customs duties, and the vessels were detained for handover to customs and enforcement agencies for further legal processes.
February 7, 2026
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Temple entry: court says ceremonial guest entry by non-Hindus isn't a statutory violation and rules must align with the Act.
Permissive ceremonial entry by non Hindus as guests is distinct from a right of entry and cannot be treated as a violation of the parent Act; Rule 3(a)'s prohibition on non Hindu entry appears inconsistent with the Act's object, and subordinate rules that conflict with the Act should be reconsidered, amended or modified to align with legislative intent, constitutional values and social harmony after consultation with relevant stakeholders.
February 7, 2026
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HCLTech named to Fortune's World's Most Admired Companies 2026 list for IT services and innovation.
HCLTech was named to Fortune's 2026 World's Most Admired Companies list in IT services based on a survey of over 3,000 executives, board members and analysts evaluating nine parameters such as quality of management, innovation, global competitiveness, talent attraction and social responsibility; the release highlights HCLTech's AI focus, global scale and consolidated revenues.
February 7, 2026
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Sonata Software reports consolidated PAT growth, a one time labour code expense and a quarterly interim dividend declared.
Consolidated PAT before exceptional item rose 6.1% QoQ to INR 127.5 crore and 21.4% YoY, with consolidated revenue growth led by Domestic Products & Services and steady International IT Services. An exceptional one time employee benefit expense of INR 31.3 crore was recognised under the new Labour Codes, reducing PAT post exceptional item to INR 104.4 crore. The company declared a quarterly interim dividend of INR 1.25 per share and reported key operating metrics including EBITDA, DSO, ROCE, RONW, cash balances and segmental performance.
February 7, 2026
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CHANDO 4-Butylresorcinol (577) research shows targeted microRNA inhibition reduces melanin and brightens Asian skin with high tolerability.
CHANDO identified that a specific microRNA drives UV-induced pigmentation by regulating MITF, TYR, and TYRP1, and reported that 4-Butylresorcinol (577) inhibits this microRNA's abnormal expression to reduce melanin overproduction; laboratory and clinical testing showed reductions in dark spots and sallowness with high tolerability, and 577 has been incorporated into CHANDO's Cellcrystal Whitening Radiance Series.
February 7, 2026
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Angel Yeast Indonesia project trains local workers and pairs a 20,000 ton yeast plant with wastewater treatment and fertilizer reuse.
Angel Yeast's Indonesia project deploys a six month training program to prepare 29 local employees to commission and operate a Lampung facility comprising a 20,000 ton annual yeast line, a 3,500 ton/day wastewater treatment unit, and a 20,000 ton organic fertilizer plant. The plan emphasises local molasses sourcing, by product repurposing into animal feed, conversion of treated wastewater to fertilizer, technology transfer, workforce development, and a circular economy approach to reduce waste and support regional value chains, with commissioning targeted for 2027.

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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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