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February 11, 2026
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DMK announces seat-sharing committee to start talks with allies from Feb 22 and election preparations continue.
DMK will form a seat-sharing committee, to be constituted by party president M. K. Stalin, and begin talks with allies from February 22 after the Assembly session ends. The move responds to Congress concerns about delay; DMK cited ongoing election operations-voter list revision, cadre mobilization, polling agent training, manifesto committee tours and the interim budget on February 17-as reasons for the timing.
February 11, 2026
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Rupee weakens as India-US trade fact sheet on tariff cuts and large US purchases fuels importer dollar demand and commodity risk.
The rupee fell to 90.62 driven by importer dollar demand and geopolitical tensions after an India-US trade fact sheet outlined tariff reductions on US industrial and agricultural goods and large purchase commitments; analysts identify 90.00-90.20 as key support with 91.00-91.20 as potential upside, while rising Brent crude threatens to widen India's import bill and exert pressure on the currency.
February 11, 2026
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RBI draft exempts certain NBFCs with under Rs1000 crore assets from registration, subject to conditions, and invites comments.
The Reserve Bank proposes that NBFCs not availing public funds and without customer interface with asset size below Rs.1000 crore be exempted from registration, subject to conditions specified by the RBI; the draft also prescribes procedures for deregistration or conversion of existing registered entities, including Type I NBFCs, and is accompanied by FAQs and a public consultation process.
February 11, 2026
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Urban Cooperative Banks: draft rules raise unsecured-advance limits, increase aggregate ceiling, deregulate certain housing loan terms, comments invited.
The draft Amendment Directions rationalise the definition of unsecured advances, increase individual loan limits and raise the aggregate ceiling for such advances to 20% of total advances, enhance the consumer durable lending limit to nominal members to Rs.2.5 lakh, deregulate housing loan tenor and moratorium for Tier 3 and Tier 4 UCBs, and impose additional disclosure requirements, with public comments invited by March 4, 2026 via Connect 2 Regulate or email.
February 11, 2026
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Dubai International Airport hit 95.2M passengers and will shift operations to Al Maktoum after a $35B upgrade by 2032.
Dubai International Airport, run by state owned and state linked entities, reached 95.2 million passengers in 2025 and faces urban and cost pressures from rapid aviation driven growth. Authorities plan to transfer operations to Al Maktoum International Airport after an estimated $35 billion upgrade, targeting a 2032 operational move to leverage larger expansion capacity and reconfigure long term aviation infrastructure.
February 11, 2026
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India US interim trade agreement cuts tariffs to 18% but is criticised as asymmetrical and harmful to textile competitiveness.
The interim Indo US trade agreement reduces reciprocal tariffs on Indian goods from 25% to 18% and eliminates a prior punitive 25% tariff on Indian crude; opposition commentary characterises the pact as asymmetrical, a "coerced opening" that concedes more than India gains and undermines textile export competitiveness relative to Bangladesh.
February 11, 2026
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White House revises trade fact sheet: removes 'pulses' and softens India purchase commitments language.
The White House revised its interim US-India trade fact sheet to remove "pulses" from the list of US agricultural products on which India will eliminate or reduce tariffs and to change wording from India "committed" to buy over $500 billion of US goods to India "intends" to buy more American products and purchase over $500 billion of specified US goods.
February 11, 2026
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Supreme Court to hear challenges on detention of activist, money laundering case, service pay and police reforms.
The Supreme Court will hear petitions challenging the detention of climate activist Sonam Wangchuk; a state chief minister's challenge to Enforcement Directorate money laundering proceedings; a petition concerning pay and allowances of members of the Uttar Pradesh State Consumer Dispute Redressal Commission; and a petition concerning police reform.
February 11, 2026
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Puducherry interim budget to be tabled Feb 12, Vote on Account to fund departments pending a full budget.
An interim budget will be tabled on February 12 by the Chief Minister acting as finance minister via a Vote on Account to authorize departmental expenditures for the initial months of fiscal 2026-2027; the Assembly will also pass supplementary grants for the current fiscal year because imminent elections prevent presentation of a full budget, with the House comprising thirty elected and three nominated members.
February 11, 2026
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KSDL appoints Tamannaah as brand ambassador, sparking debate over non-Kannada selection and business-driven committee choice.
KSDL's selection committee appointed Tamannaah Bhatia as a two-year brand ambassador for a reported Rs 6.20 crore fee, defending the merit-based, market-oriented choice because several Kannada actors were ineligible due to other endorsements and Mysore Sandal sales are concentrated outside Karnataka (approx. 8-12% in-state), prompting both political and social-media criticism framed as an attack on local talent and counter-arguments stressing commercial strategy and export-oriented expansion.
February 11, 2026
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2026 27 state budget to prioritize inclusive development, poverty welfare, youth empowerment, farmer prosperity and women's dignity.
The 2026-27 state Budget is positioned as a policy instrument to found long term economic transformation toward Viksit Bharat 2047 and a USD 1 trillion state economy, offering a coordinated action plan emphasizing poverty alleviation, youth empowerment, farmer prosperity, women's dignity, and targeted public investment within the routine legislative budget presentation process.
February 11, 2026
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USTR deletes X post after map depicted Pakistan-occupied Kashmir and Aksai Chin as part of India.
The US Trade Representative removed an X post that displayed a map showing Jammu and Kashmir, including Pakistan-occupied Kashmir, and Aksai Chin as part of India; the map accompanied a bilateral interim trade framework announcement and the deletion reflects sensitivities about depicting disputed territories in official social media communications.
February 11, 2026
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Regularisation of daily wagers to be initiated this year; Budget ties industrial incentives to local employment and funds key welfare locally.
The government will initiate regularisation of daily wagers this year and has prioritised job creation, infrastructure, targeted welfare across agriculture, animal husbandry, fisheries and dairy, and youth entrepreneurship through Mission YUVA. The administration will fund six free LPG cylinders from its own resources, extend free bus travel to persons with disabilities, promote EV bus services, and require industrial beneficiaries of subsidies, land and power concessions to prioritise employment for local youth.
February 11, 2026
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Appointment of Bal Jogi Pargat Nath to lead advisory board to develop Ram Tirath as an international Dalit heritage centre.
The Punjab government appointed Bal Jogi Pargat Nath as chairman of the advisory board of the Bhagwan Valmiki Ji Tirath Sthal shrine board and signalled a policy to develop Ram Tirath as an international centre of Dalit faith, heritage and spiritual philosophy to promote recognition of Dalit contributions and the values of equality, dignity and social justice.
February 11, 2026
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Indo-US trade deal could harm J-K dry fruit and horticulture economy, and CM defends the pro-people Budget.
Omar Abdullah warned that the India-US interim trade deal allowing duty-free imports of tree nuts could harm Jammu and Kashmir's dry fruit and horticulture economy and urged protection for local walnuts, almonds and apples. He defended the Budget as pro-people and growth-oriented, noting capital expenditure at 36% (rising by March 31), distinguishing prior higher revenue spending due to loan settlements, assuring salaries and pensions are safe, and highlighting investments in agriculture, horticulture, dairying and rural economic strengthening.
February 10, 2026
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Smuggled gold seized and two arrested after airport wax-capsule concealment and linked melting facility exposed.
Directorate of Revenue Intelligence seized 5.8 kg of smuggled gold worth about Rs 9.22 crore and arrested two syndicate members after surveillance linked intercepted passengers carrying wax-capsule gold to a South Mumbai melting facility where authorities recovered melting and casting equipment, foreign bullion marking dies, record books of smuggled-gold transactions and sale proceeds, and currency notes used as tokens for illegal receipt and delivery; the arrested were booked under the Customs Act and further probe is underway.
February 10, 2026
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Old-age pension discontinuations were administrative safeguards pending verification; valid proof will prompt immediate restoration.
The Haryana government says old-age pensions were administratively discontinued where eligibility could not be verified: cases of recorded deaths identified after Registrar General data arrived in November 2025; beneficiaries under the qualifying age due to manipulated Aadhaar age data, with action initiated for tampering; and cases lacking verified income-based eligibility pending income certificate submission. Valid proof of eligibility will trigger immediate restoration; discontinuations are described as temporary safeguards against ineligible payments.
February 10, 2026
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Mundhwa land deal: accused alleged to have facilitated illegal sale of protected government land at undervalue.
Allegations assert that the accused facilitated illegal regularisation and sale of protected government land in Mundhwa at a substantial undervalue, involved waiver of large stamp duty, execution of documents purportedly on behalf of deceased persons, and connivance with revenue officials, raising serious economic offence concerns and investigative risks from absconding co-accused and potential witness influence.
February 10, 2026
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India-US trade pact: India winding down Russian oil purchases and cutting tariffs on US industrial and agricultural goods.
An interim trade framework establishes reciprocal commitments: the US agreed to remove a punitive 25 per cent tariff on Indian imports in recognition of India's commitment to reduce Russian oil purchases; India has begun winding down Russian energy purchases and increasing American and other energy imports. India will eliminate or reduce tariffs on all US industrial goods and a wide range of US food and agricultural products, while also moving down digital services taxes and other tariffs.
February 10, 2026
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New expressway linking Pashupatinath to Baidyanath Dham proposed, seeking central approval to boost religious tourism.
A 250-km Pashupatinath-Baidyanath Dham high-speed corridor has been proposed, with a detailed proposal sent to the Centre for approval; the project aims to promote religious tourism, cultural exchange and economic activity along a route entering India at Supaul and passing through several Bihar districts, and is presented alongside other expressway initiatives and ongoing India-Nepal border road works totaling 554.08 km.

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Opposition likely to give notice for resolution to remove LS Speaker Birla from office

February 9, 2026

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New Delhi, Feb 9 (PTI) The opposition is considering giving a notice for moving a resolution to remove Lok Sabha Speaker Om Birla from office for disallowing Rahul Gandhi and other opposition leaders from speaking in the House on the Motion of Thanks to the President's address, as well as for the suspension of eight MPs.

At the same time, Gandhi, the leader of the opposition in the Lok Sabha, and some others met Birla on Monday afternoon to work out a solution to end the stalemate, as the House has not been functioning properly ever since the former Congress chief was not allowed to speak on the India-China issue last week.

Sources said a notice for resolution in this matter would be given in the Lok Sabha soon, and signatures of MPs are being procured.

As many as 103 MPs, including those from the Congress, DMK and Samajwadi Party, had already signed a notice for moving the resolution, the sources said, adding a final decision on when to give the notice against the Speaker would be taken on Tuesday.

They added that a notice for the resolution is likely to be given under Article 94-C of the Constitution to the Lok Sabha secretary general, and over 100 opposition MPs have already signed it. However, the TMC is keen on taking up the SIR issue more vigorously, while the Samajwadi Party wants to highlight the alleged insult of Malwa queen Ahilyabai Holkar.

Parliamentary Affairs Minister Kiren Rijiju, however, said that in a parliamentary democracy, the opposition may bring the resolution, but they don't have the numbers.

The notice is being given to move a resolution for the removal of the Speaker for disallowing the leader of the opposition from speaking in the House on the motion of thanks, for not initiating action against BJP MP Nishikant Dubey for his unsubstantiated charges against women MPs of the Congress, and suspension of eight opposition MPs, the sources said.

Rahul Gandhi, alongwith TMC's Abhishek Banerjee, Samajwadi Party's Akhilesh Yadav and DMK's T R Baalu, met Birla soon after the Lok Sabha was adjourned for the day on Monday, to work out a solution and end the stalemate.

During the talks, the leaders are learnt to have raised various points on why the opposition was protesting in the House. Gandhi also told the Speaker that they were ready for a discussion, provided he was allowed to speak.

The Congress and other opposition leaders are now awaiting the final decision of Speaker Om Birla, after he is learnt to have told the opposition leaders during the meeting that he would get back to them after speaking to the government side, the sources said.

During the meeting, which lasted a few minutes, Gandhi and other leaders apprised the Speaker about the issues they wanted to raise in the House.

Sources said Gandhi told the Speaker that he wanted to raise the issue of suspension of eight Congress MPs and other matters relating to Parliament, including the charges made against the women MPs. They urged the Speaker to revoke the suspension of eight MPs to end the stalemate.

The Lok Sabha has not been functioning properly ever since Gandhi was not allowed to speak on February 2. The Rajya Sabha started the discussion on the Union Budget for 2026-27.

After the meeting with Lok Sabha speaker, Gandhi claimed that Prime Minister Narendra Modi did not come to the lower House to reply to the discussion on the motion of thanks to the President's address as he was "scared" of former army chief MM Naravane's unpublished memoir.

The Leader of Opposition dared those claiming there was a threat to the prime minister from MPs last Thursday to "file an FIR" against anyone threatening Modi.

Gandhi said the opposition is quite keen that the discussion happens. He claimed the government was scared of having a discussion on the Budget because of the India-US deal, the way it was done, and its impact on farmers.

"We are very disturbed about this idea that has been floated that members were going to threaten the PM. There is no question of that. The fact is very clear, the prime minister was scared to come to the House, not because of the members but because of what I was saying, and he is still scared because he cannot face the truth," he said.

"He (Modi) should have the courage to come. If somebody has said that he is going to attack the PM, file an FIR, and arrest that person. Why are you not doing that?" Gandhi posed. "The agreement is that we will be allowed to say these points, and then the discussion should happen." "But let us see what the government says. My personal view is that the government is scared of having a debate. The PM did not come to the House. He was scared of what we say, he was scared of being handed Naravane's book as a first step," he added.

Separately, women Congress MPs have written to Birla over the "unsubstantiated allegations" made by him against them. In the letter by several women MPs, including Priyanka Gandhi Vadra, they objected to charges made by the speaker.

The decision to give a notice to move the resolution for the removal of Birla from the office of Lok Sabha speaker was taken at a meeting of opposition leaders held in the chamber of Congress chief Mallikarjun Kharge this morning. The TMC, the Left, DMK, SP, RJD, and RSP were among the parties that attended the meeting.

If moved, this will be the fourth such notice against a sitting speaker of the Lok Sabha.

The first such resolution was moved against the first Speaker, G V Mavalankar, which was defeated. Again, a resolution was moved against Speaker Hukum Singh, which could not be taken up due to a lack of numbers. The third was against Speaker Balram Jakhar, which was also defeated. PTI SKC ASK SKC NSD NSD

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