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    Huge surge in domicile certificate applications at KMC amid SIR; over 19,000 requests received
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February 9, 2026
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Kolkata domicile certificate applications surge amid electoral roll revision; centralized processing, police verification, and WBCS approvals expedited.
Kolkata Municipal Corporation centralised domicile certificate intake and established dedicated counters to process 19,167 SIR linked applications; borough offices route requests to headquarters and the Kolkata Police for field verification, after which a WBCS rank officer grants final approval. Applications are accepted chiefly for SIR requirements and must be supported by documentary proof; many certificates were issued following police enquiry reports, while others were rejected after adverse verification.
February 9, 2026
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Luxury car crashes causing injuries and deaths highlight overspeeding, drunk driving, and charges from rash driving to culpable homicide.
A pattern of high speed luxury car collisions in India has produced injuries and deaths, prompting police arrests, FIRs, vehicle seizures and charges ranging from rash and negligent driving to culpable homicide; contributory factors cited include overspeeding, drunk driving, seat belt noncompliance and incidents involving drivers linked to affluent families, with at least one case raising juvenile trial issues and widespread public outrage over perceived impunity.
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.

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The Swali Craft Prize Names Natasha Preenja (Princess Pea) as Its First Winner

February 9, 2026

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Winning work, The Lotus Headed, unveiled at India Art Fair 2026 New Delhi, February 2026 The Swali Craft Prize, founded by Karishma Swali and the Chanakya Foundation in partnership with India Art Fair, announces Natasha Preenja (Princess Pea) as its inaugural recipient.

From over 100 entries, the international jury selected Preenja for a practice defined by conceptual depth, technical mastery, and a profound engagement with cultural heritage. The Prize is proud to present her winning work, The Lotus Headed (2026), at the India Art Fair 2026.

Natasha Preenja is an Indian artist whose multidisciplinary practice draws on feminist thought, mythology, and traditional craft to examine gender, the body, and the politics of care. Working across painting, sculpture, performance, and collaborative processes, her practice foregrounds craft and collective making as sites of resistance, reflection, and women-led knowledge.

Selected by the jury as the winning proposal, The Lotus Headed was realised through a close and sustained dialogue between Natasha Preenja, Karishma Swali, and the Chanakya School of Craft, as a shared exploration of mythic iconography and contemporary collective practice. The sculpture draws from the figure of Lajja Gauri, an ancient embodiment of fertility who’s grounded uttanapad (squatting) posture is intimately tied to birth, reproductive cycles, and domestic ritual, anchoring the work in bodily knowledge that precedes language while also carrying political charge as a gesture of protest, reclamation, and endurance.

The depth of the work lies in its rigorous, multi-layered construction, beginning with thousands of individually hand-carved wooden elements from the toy-making tradition of Etikopakka, Andhra Pradesh, using native Ankudu wood (Wrightia tinctoria). In response, master artisans of Chanakya knitted and stitched these fragments into the sculpture’s surface, creating an organic, cellular texture through six strata of embroidery in jute and cotton, employing techniques such as couching and stem stitch. Anchored by a concealed steel framework, the form maintains monumentality alongside lightness and porosity. The project marks a profound meeting of two methodologies: Preenja’s sculptural investigation into maternal resilience and the Chanakya School’s interdisciplinary material practice grounded in collective authorship, where the goddess emerges as a visceral force of endurance and the transmission of knowledge as an evolving, thinking practice.

Conceived as a platform to renew the cultural and conceptual possibilities of handcraft, the Swali Craft Prize recognizes contemporary makers whose work bridges tradition and innovation. By anchoring artistic expression in living artisanal knowledge, the prize offers a dual framework: a grant of INR 11,00,000 and a fully funded residency at the Chanakya School of Craft. This structure provides sustained access to mentorship, research, and collaborative engagement with master artisans, enabling ambitious, research-led artistic production.

Karishma Swali, Founder & Creative Director of the Chanakya School | Creative Director Chanakya added: “The Swali Craft Prize emerged from a desire to create conditions where contemporary artistic inquiry could unfold in close conversation with living craft traditions. Natasha’s work embodies this philosophy. The Lotus Headed unfolded through dialogue, trust, and shared authorship, transforming individual intention into a collective expression. It reflects our belief that craft is not a static inheritance, but a dynamic language capable of shaping new cultural futures.” Jaya Asokan, Fair Director, India Art Fair, commented: “India Art Fair is proud to partner in a prize that foregrounds craft as a vital contemporary practice. By championing experimentation, material intelligence, and collective processes, the Swali Craft Prize creates a powerful platform for new voices and new forms, positioning India at the forefront of global craft discourse.” The inaugural jury featured a distinguished panel of experts: Mickalene Thomas, visual artist; Jasmine Wahi, curator and founder of Project for Empty Space; and Meneesha Kellay, Senior Curator, Contemporary, at the Victoria and Albert Museum; Reena Kallat, visual artist alongside Karishma Swali and Jaya Asokan, Fair Director of the India Art Fair. Together, the jury evaluated applications based on technical mastery, conceptual depth, cultural significance, and artistic innovation.

Reflecting on the award, Natasha Preenja (Princess Pea) said: “This residency offered a rare space for deep listening, exchange, and experimentation. Working alongside the master artisans of Chanakya allowed the sculpture to evolve in ways I could not have anticipated, as wood, thread, and gesture came together to hold stories of resilience, care, and inheritance. The Lotus Headed is as much a tribute to the collective act of making as it is to the mothers who carry generations within them.” About Natasha Preenja (Princess Pea) Princess Pea (Natasha Preenja) is an Indian artist whose multidisciplinary practice explores gender identity, the body, and self-worth. Drawing from feminist literature, mythology, and traditional crafts, her work examines the politics of care, domesticity, and women-led narratives of self. Trained as a painter, she works across drawing, photography, sculpture, and performance.

Through her alter ego Princess Pea — a figure concealed behind an anime-inspired headgear — Preenja challenges patriarchal norms and reclaims spaces of reflection and solidarity. Her collaborative and time-based projects foster intergenerational dialogue among women, positioning care and craft as acts of resistance.

In 2008, she founded The Pea Family Studio, collaborating with artisans from Etikopakka, Andhra Pradesh, to merge ancient turn-wood techniques with contemporary form. Her recent works in marble reference Mother Earth as a keeper of time and knowledge. Preenja’s socially engaged projects include Care with Dignity (Purpose, Bihar) and Extra Time (Khoj, Goa). Her work has been exhibited at Sakshi Gallery, Exhibit320, Shrine Empire, and Art Dubai, among others, and is held in the collections of the Mead Art Museum and the Museum of Living History. She lives and works in Gurgaon, India.

About Chanakya Foundation & Chanakya School Established in 1984 in Mumbai, Chanakya has remained steadfast in its mission to elevate and sustain the pluralistic beauty of India's rich cultural heritage. Under Karishma Swali’s leadership, Chanakya has built enduring creative partnerships with over 50 global fashion houses, celebrated artists, and craft practitioners positioning Indian handcraftsmanship within the highest echelons of contemporary visual culture. Central to its philosophy is a profound re-evaluation of the conventional hierarchies that have historically delineated the roles of artist and artisan. By fostering a renewed discourse, it challenges these long-standing distinctions, recognizing embroidery not as a decorative technique but as a medium of conceptual and material innovation.

Recognising a compelling need to address social, economic, and environmental challenges, Karishma Swali established the Chanakya Foundation in 2015. The foundation is committed to fostering cultural sustainability and holistic advancement through education, skill development, and dedicated efforts to preserve India's rich artisanal heritage while promoting the arts. In 2016, Karishma Swali furthered this vision by founding the Chanakya School of Craft, a non-profit institution dedicated to empowering women through craft, culture, and creating a new autonomy for women.

In 2020, she and the graduated artisans of the Chanakya School of Craft collaborated with American feminist artist Judy Chicago to create 22 monumental hand embroidered artworks, currently on display at the New Museum in New York. The following year, they partnered with French contemporary artist Eva Jospin to produce "Chambre De Soie" (Silk Room), a 40-meter immersive gallery. In 2024, the Chanakya Foundation presented the artistic collaboration between renowned Indian artists Madhvi Parekh and Manu Parekh, in partnership with Karishma Swali and the Chanakya School of Craft. This exhibition, titled 'Cosmic Garden,' was featured as a collateral event of the 60th International Art Exhibition – La Biennale di Venezia. Most recently, in 2025, Karishma Swali and the Chanakya School of Craft presented En Route at the Vatican Apostolic Library — an artistic collaboration with Maria Grazia Chiuri exploring the cultural legacy of women who challenged historical norms.

About Karishma Swali Karishma Swali (b. 1977, Mumbai) is an artist and craft practitioner committed to preserving India’s intangible cultural heritage. Influenced by the philosophies of Rabindranath Tagore and Jiddu Krishnamurti, she leads Chanakya International and founded the Chanakya Foundation in 2015 to advance cultural sustainability and skill development. In 2016, she established the Chanakya School of Craft, a nonprofit institution dedicated to empowering women through craft and culture. The school’s holistic curriculum teaches over 300 hand-embroidery techniques and has trained more than 1,300 women. Swali’s interdisciplinary practice situates handcraftsmanship within a contemporary framework, engaging in significant collaborations with celebrated artists including Judy Chicago, Mickalene Thomas, Faith Ringgold, and Barthélémy Toguo. In 2024, she presented Cosmic Garden at La Biennale di Venezia with Indian artists Manu and Madhvi Parekh. Most recently, En Route was unveiled at the Vatican Apostolic Library (2025). Her contributions have been widely recognised on an international stage. In 2022, she received the Grazia Millennial Award for Contemporary Craftsmanship and was named to the BoF 500. In 2024, she was honoured with the Badass Art Woman Award (BAWA) for her pioneering work in education through craft, and in the same year was conferred the Chevalier de l’Ordre national du Mérite. In 2025, she received the Officier dans l’Ordre des Arts et des Lettres from the Consul General of France in Mumbai, on behalf of the French government, and was also awarded the Cavaliere dell’Ordine della Stella d’Italia by the Consul General of Italy.

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

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