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February 10, 2026
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Power distribution: HERC pushes modernisation, lower AT&C losses and explores consumer choice amid ARR deficit.
HERC reviewed ARR petitions for 2026-27, noting a projected revenue requirement of Rs 51,156.71 crore and estimated revenue at existing tariffs of Rs 52,761.87 crore (surplus Rs 1,605.16 crore) but a net deficit of Rs 4,484.71 crore after adjusting past revenue gaps; the Commission emphasised reducing AT&C losses, modernising the distribution network, improving consumer satisfaction, avoiding passing unnecessary costs to consumers, and exploring future consumer choice, while holding public hearings to solicit stakeholder input.
February 10, 2026
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Journalist Ravi Nair convicted for criminal defamation over tweets alleged to be false and damaging to Adani Enterprises' reputation.
A magistrate court in Mansa convicted journalist Ravi Nair of criminal defamation after finding that tweets he published contained false and defamatory statements intended to harm Adani Enterprises Ltd's reputation, concluding the publications were not protected as fair comment and that AEL established the essential elements of the offence; the court imposed a custodial term and a fine following a full trial.
February 10, 2026
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Five-day festival in Mizoram promotes entrepreneurship, MSME growth, and job linkage through skills and targeted support.
A five-day state-led festival organised by the Labour, Employment, Skill Development, and Entrepreneurship Department promotes entrepreneurship, MSME development, decentralised economic activity, and market-linked skill acquisition. The event showcases departmental services and programmes, integrates a job fair to connect job seekers and employers, and emphasises hand-holding support for youth, women, and rural communities with priorities on quality, sustainability, and market relevance.
February 10, 2026
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Andhra Pradesh seeks Centre approval for Polavaram project, funding for Phase II and release of Rs 1,211 crore for farm schemes for infrastructure and relief.
Andhra Pradesh seeks revocation of the Polavaram stop work order, reimbursement for canal capacity upgrades, and full central funding for Polavaram Phase II including land acquisition, rehabilitation and embankments; requests approvals and support for the Polavaram Nallamala Sagar Link Project; and urges gazette notification of the Vamsadhara tribunal report and constitution of a Godavari Water Disputes Tribunal to resolve interstate water sharing.
February 10, 2026
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DGCA orders special safety audit of non-scheduled flight operators after fatal VSR Ventures Learjet crash.
DGCA ordered a special safety audit of non-scheduled flight operators, including VSR Ventures, directed on February 2, commencing February 4 and conducted in a phased manner covering VSR Ventures and 14 other non-scheduled operators through February 25, as regulatory oversight pending the Aircraft Accident Investigation Bureau's probe of the January 28 Learjet 45 crash (VT-SSK).
February 10, 2026
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Lok Sabha resumes Budget debate after stalemate; 18-hour debate set amid Speaker removal notice and member suspensions.
Lok Sabha resumed the Union Budget debate after a stalemate, with Shashi Tharoor opening debate and the Business Advisory Committee allocating 18 hours; the Finance Minister is expected to respond later in the week. The resumption followed opposition notices seeking the Speaker's removal and came in the wake of repeated disruptions since February 2 that led to the suspension of eight members, prevented the Prime Minister from replying to the Motion of Thanks, and resulted in over 19 hours of lost House time.
February 10, 2026
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Haryana solarisation drive: officials ordered time-bound PM-KUSUM rollout and rooftop solar on government buildings and feed surplus power into grid.
The Chief Minister ordered time-bound acceleration of PM-KUSUM implementation and solarisation of agricultural pumps, requiring surplus power from those pumps to be fed into the government grid and fast-tracking rooftop solar installation on government buildings and infrastructure, with deputy commissioners tasked to actively monitor and expedite implementation.
February 10, 2026
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Delhi LakhpatiBitiya Yojna provides phased, education linked cash deposits into Aadhaar linked accounts for eligible girls.
The Delhi LakhpatiBitiya Yojna replaces the Ladli scheme, offering up to Rs 56,000 per girl in phased, education linked instalments invested to accrue interest and paid into Aadhaar linked accounts at maturity. Eligibility: girls born in Delhi, three year city residency, family income Rs 1.20 lakh, maximum two surviving girls per family, with registration at birth or specified educational entry points. Instalments and maturity conditions are tied to specific class admissions and graduation; unclaimed or non compliant amounts revert to the government.
February 10, 2026
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IRCTC scam: prosecution alleges decade-long conspiracy, quid pro quo and corruption leading to charges under anti-corruption and criminal laws.
Prosecution opposes challenges to framing of charges in the IRCTC matter, alleging a decade-long criminal conspiracy and quid pro quo that caused loss to the exchequer through a manipulated tender process and undervalued land transfers. Charges include corruption, criminal conspiracy and cheating under the penal code and provisions of the Prevention of Corruption Act for criminal misconduct and abuse of position by a public servant, forming the basis for continued prosecution.
February 10, 2026
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India-US trade deal seen as coerced opening; concessions may erode India's textile advantage versus Bangladesh.
The India-US trade arrangement is described as a coerced opening in which India conceded more than it obtained, and a US-Bangladesh textile understanding-reducing tariffs and exempting certain goods made with US materials from reciprocal tariffs-is said to have erased India's competitive advantage in US textile markets.
February 10, 2026
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Mizoram to table the 2026-27 state budget and supplementary grants on February 26 during a month-long assembly session.
Presentation of the state budget is scheduled for February 26, when the Chief Minister holding the Finance portfolio will table the 2026-27 budget and supplementary grants for 2025-26. The budget session runs February 17-March 16 with 17 sittings, opening with the Governor's address. The secretariat has listed 946 starred and 339 unstarred questions for Question Hour, and three amendment bills, including amendments to marriage, inheritance and local bodies, are slated for presentation.
February 10, 2026
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AB InBev to procure over 16,000 tons of barley in 2026 to strengthen supply chains and farmer partnerships.
AB InBev India will procure over 16,000 tons of domestically grown barley in 2026 through the SmartBarley programme, engaging over 2,000 farmers, increasing per-farmer malt-quality land allocation, and pairing purchases with science-based agronomy, regenerative practices, R&D trials and digital tools to strengthen supply-chain resilience and market access.
February 10, 2026
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US stocks drift near records as mixed earnings and Fed rate expectations shape market direction this week.
US equities traded near record highs amid mixed corporate earnings and lower Treasury yields after retail results signalled softer consumer spending; upcoming employment and consumer inflation reports were identified as pivotal for Federal Reserve decisions on the timing of interest-rate cuts. Company earnings and forecasts produced divergent stock moves-Hasbro and DuPont beat expectations while Coca-Cola and S&P Global fell-and Paramount's revised takeover terms influenced sector activity alongside record gains in Japan's Nikkei on prospective fiscal measures.
February 10, 2026
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Rupee gains 10 paise to 90.56 against US dollar amid equity support and softer dollar.
Rupee strengthened by 10 paise to settle at 90.56 against the US dollar, driven by domestic equity support and foreign fund inflows while constrained by geopolitical tensions and importer dollar demand; intraday range recorded between 90.77 and 90.48 and USDINR expected to trade in a 90.30-90.80 band ahead of US employment data.
February 10, 2026
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Odisha industrial approvals: 23 projects worth Rs 4,111.80 crore approved, spanning multiple sectors and creating nearly 10,000 jobs.
The State Level Single Window Clearance Authority approved 23 industrial proposals totalling Rs 4,111.80 crore across multiple sectors to be implemented in 11 districts, expected to create nearly 10,000 jobs. Notable approvals include five-star hotels in Khurda and Puri, a railway component manufacturing unit, a multi-drone manufacturing centre, a shipbuilding and ship-repair facility, and apparel and pharmaceutical manufacturing units.
February 10, 2026
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Notice to remove Speaker Om Birla alleges blatantly partisan conduct and abuse of office under Article 94(c) of the Constitution.
Opposition parties filed a notice under Article 94(c) seeking removal of the Lok Sabha Speaker for alleged blatant partisanship and abuse of office, citing denial of speaking rights during the Motion of Thanks, suspension of eight MPs, tolerance of personalised attacks by a ruling party MP, and derogatory statements from the Chair; the notice was submitted to the Secretary General for examination and the Speaker abstained from presiding until the matter is settled.
February 10, 2026
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Ex-Andaman MP Kuldeep Rai Sharma denied bail in Rs500 crore bank fraud; about Rs230 crore allegedly siphoned to associates.
Calcutta High Court refused bail to ex-MP Kuldeep Rai Sharma and co-accused in a Rs 500 crore cooperative bank fraud case under the Prevention of Money Laundering Act, while granting health-based bail to the former managing director; ED investigations allege loans were fraudulently sanctioned through over 100 shell-company accounts and that about Rs 230 crore was siphoned off for the benefit of Sharma and associates.
February 10, 2026
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Government tightens social media rules on AI content: three-hour takedowns, mandatory labelling and metadata embedding.
The IT Rules are amended to bring AI-generated and synthetic content within the regulatory framework, requiring platforms and AI tool providers to remove unlawful content within three hours (two hours for intimate or sexual material), mandate clear permanent labelling and metadata for synthetic content, prevent removal of labels, deploy automated prevention tools, verify user declarations about AI-origin, shorten grievance timelines, and report serious AI-related crimes to authorities.
February 10, 2026
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India's organic production: plans to scale exports, strengthen certification, and mobilise cooperatives for supply growth.
India seeks to become a global hub for large-scale organic production, aiming to triple organic exports again over the next five years. Policy priorities stress strengthening certification trust and credibility through alignment with international standards under the National Programme for Organic Production, and mobilising cooperatives to aggregate farmers and build viable village-level organic supply chains to serve rising domestic and international demand.
February 10, 2026
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India-Seychelles commit to deepen defence cooperation, maritime security, and capacity building including joint exercises and modernisation.
India and Seychelles committed to deepen defence cooperation and maritime security through expanded training, hydrography, ship and aircraft visits, defence delegation exchanges, and long-term modernisation partnerships. They welcomed joint participation in Lamitye 2026, the International Fleet Review, and Exercise Milan 2026, and agreed to implement capacity building initiatives. The countries also aligned on cooperation in digital solutions, data sharing, and maritime scientific research within a shared framework reflecting India's MAHASAGAR vision for cooperative, sustainable regional security and growth.

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IIT Bombay – Washington University in St. Louis Launches 11th Cohort of Joint Executive MBA Program

February 9, 2026

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IIT Bombay and Washington University in St. Louis launched the 11th cohort of their Joint Degree Executive MBA Program at the IIT Bombay campus on 14 January 2026. The launch brought together global academic leaders, senior industry experts and distinguished faculty to welcome the new cohort and mark the beginning of another year of internationally benchmarked executive education. The launch ceremony began with an address by Mr. Gopal Shukla, CEO of the IITB–WashU Joint EMBA Program, who extended a warm welcome to all dignitaries, faculty members, students and guests. In his opening remarks, he acknowledged the significance of the 11th cohort and set the tone for an engaging and purposeful academic journey ahead. The inaugural ceremony was graced by Chief Guest Mr. Aspi Patel, Chief Technology Officer at Aditya Birla Group, who addressed the participants, emphasising the importance of lifelong learning, strategic thinking and global leadership in today’s rapidly evolving business landscape. The ceremony also witnessed addresses by Prof. Shireesh Kedare, Director of IIT Bombay, senior faculty members from IIT Bombay and representatives from Washington University in St. Louis, including Prof. Mike Mazzeo, Dean of Olin Business School and Prof. Markus Baer, Vice Dean of Executive Education and Professor of Organisational Behaviour. In their welcome remarks, dignitaries highlighted the legacy of the joint program, its academic rigour and its continued contribution to shaping senior leadership talent across industries. They encouraged the cohort to embrace the demanding nature of the curriculum and leverage the program’s unique cross-border academic exposure. Faculty members also familiarised the participants with the IIT Bombay campus environment and the enriching academic culture that the institute is known for. Prof. Shireesh Kedare, Director of IIT Bombay quoted “In a world defined by rapid technological shifts and uncertainty, leaders must be prepared to adapt with clarity and purpose. This program equips them to do exactly that, and we are proud to continue this journey with Batch 11.” Speaking on the occasion, Mr. Patel urged participants to fully engage with the learning experience, stating that executive leaders must continuously adapt, innovate and build strong interdisciplinary perspectives to create long-term value. “The IIT Bombay–WashU EMBA brings together two world-class institutions to deliver an experience that is both globally relevant and deeply applied. We are proud to support executives who will lead transformation across industries.” Prof. Mike Mazzeo, Dean of Olin Business School “We’re not just creating managers, we’re creating agile leaders who can navigate uncertainty and drive transformation. Ranked among the world’s to EMBA programs, our next leap is to enter the global top five.” Said Prof. Dinesh Sharma. The 11th cohort represents a diverse mix of industries and leadership backgrounds, reflecting the program’s growing relevance for organisations seeking globally competent leadership. With an average professional experience of 17 years, the cohort includes senior executives, entrepreneurs, functional leaders and specialists from sectors spanning technology, manufacturing, finance, consulting, energy, healthcare, consumer businesses and more. The program jointly delivered by IIT Bombay’s Shailesh J. Mehta School of Management and Washington University’s Olin Business School is designed to provide participants with global faculty engagement, international immersion and exposure to best-in-class management practices. Dignitaries concluded the session by encouraging participants to approach the next 18 months with purpose and focus, noting that the program brings together the best of both institutions, internationally respected faculty and a rigorous curriculum that prepares leaders for global impact. The launch ceremony concluded with a group photograph of the cohort and the dignitaries, formally marking the commencement of the Executive MBA Program, Batch 11. For more details, visit: https://iitb-wustl.org/ Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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