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February 9, 2026
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Raw jute crisis: traders urged to liquidate stocks as government considers time bound regulatory intervention to ensure supply
The IJMA reported traders are withholding 25-30 lakh bales, pushing prices to Rs 13,000/quintal and threatening mills and workers; it asked that trader stock limits be reduced to zero by March 31 and that all stocks be compulsorily liquidated to operating mills or tendered to the Jute Corporation of India to restore supply. The ministry indicated openness to extraordinary, time bound regulatory intervention, urgent review of raw jute seed exports, and strict action against speculators to ensure jute bag availability for RMS 2026-27.
February 9, 2026
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IIT Bombay-WashU Joint Executive MBA launches 11th cohort: 18 month global EMBA focusing on applied leadership and international immersion.
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February 9, 2026
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Crypto presale promotions include explicit risk disclosures and liability exclusions; not investment advice, seek independent financial advice.
The publication markets three cryptocurrency presales with staged pricing, token bonuses, and high return claims while containing an explicit risk disclosure: content is general market commentary and not investment advice; cryptocurrency trading carries high risk and may not suit all investors; readers should seek independent financial advice. Publishers disclaim liability for any loss or damage from reliance on the information, state the content is published as received and not edited, and note that distributing parties assume no editorial responsibility under the press release arrangement.
February 9, 2026
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NUDGE campaign uses data-driven prompts to encourage taxpayer compliance before penalties are imposed and may be adopted across government.
The Income-Tax Department's NUDGE initiative is a technology-enabled, non-intrusive data-driven prompting mechanism that notifies taxpayers of identified compliance gaps and encourages voluntary correction and payment before initiation of penal proceedings, operating under the seven-element SAKSHAM framework to guide assessing officers' use of reporting-entity data for improved taxpayer communication.
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February 9, 2026
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CBDT has opened a public consultation on the proposed Income-tax Rules and Forms implementing the Income-tax Act, 2025 (effective 1 April 2026), posting drafts online for stakeholder review and submission. Inputs must be confined to four categories-Simplification of Language; Reduction of Litigation; Reduction of Compliance Burden; Identification of Redundant/Obsolete Rules and Forms-and must cite the specific rule, sub rule, or form number. A dedicated e filing portal utility (OTP-validated) has been activated for submissions.
February 9, 2026
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February 9, 2026
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February 9, 2026
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Ahmedabad University launches Institute of Manufacturing and Economy to boost industry-academia collaboration and manufacturing innovation.
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February 9, 2026
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Lok Sabha adjourned after a standoff over Rahul Gandhi's demand to speak before the Budget debate.
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February 9, 2026
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Competition Commission of India reforms enable faster M&A approvals, global turnover based penalties and AI competition safeguards for antitrust cases.
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February 9, 2026
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February 9, 2026
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February 9, 2026
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KRAFTON records KRW 3.3266 trillion annual revenue and plans franchise expansion, AI innovation, and M&A.
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February 9, 2026
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HDFC Life and Muthoot FinCorp partner to distribute life insurance via branches and digital channels to expand coverage.
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February 9, 2026
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JK Cement Bikaner grinding unit: 2 MTPA capacity, INR 500 crore investment, construction Feb 2026, production March 2027.
JK Cement has commenced Bhoomi Poojan for a 2 MTPA grinding unit in Bikaner on 100 acres along the Jaipur-Bikaner highway, with an approximate INR 500 crore investment. Construction is to begin February 2026 and commercial production is projected by March 2027. The facility is intended to shorten distribution lead times across Rajasthan, enable 24-hour deliveries to most locations, deepen the company's market presence, and generate direct and indirect employment while fostering ancillary industry development.
February 9, 2026
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India-US interim trade framework cuts tariffs and includes $500bn purchase intentions, coinciding with rupee volatility and market moves.
The interim trade framework will see the US reduce tariffs on Indian goods to 18% from roughly 50%, while India will eliminate or lower import duties on US industrial goods and a broad range of American food and agricultural products; India also expressed intent to purchase USD 500 billion of specified US goods over five years. The announcement coincided with rupee volatility, which settled at 90.74 per USD, amid equity gains, foreign inflows and a rise in forex reserves to USD 723.774 billion.
February 9, 2026
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Investment scam victims protest over Rs 1,200 crore fraud, demand probe, restitution and asset seizure transparency.
Three accused associated with Trade with Jazz were arrested after an alleged scheme promising 4% monthly returns defrauded about 11,000 investors of roughly Rs 1,200 crore; authorities have invoked depositor protection and criminal provisions, while protesters demand an expedited probe, restitution and point to minimal asset seizures of about Rs 12 lakh.

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T'gana CM accuses BJP, NDA govt of 'injustice' to southern states

February 9, 2026

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Hyderabad, Feb 9 (PTI) Telangana Chief Minister A Revanth Reddy on Monday accused the NDA government at the Centre of doing "injustice" to southern states and alleged that the BJP treats them as "second grade citizens" in sanctioning Central funds and development projects.

Speaking to reporters here as the campaigning for the February 11 municipal elections concluded, Reddy also attacked BJP and BRS, alleging tacit understanding between the two parties.

Hitting out at BJP, he described AIMIM president Asaduddin Owaisi as a "lifeline" for the saffron party. BJP takes the name of Lord Ram but remembers Owaisi's name everyday, he charged.

"Injustice is happening to southern states whether it is Kerala, Tamil Nadu, Karnataka or Telangana. They are doing it intentionally. Any special package, they give to Bihar. In devolution, they are giving more to Bihar, UP and Madhya Pradesh. Every time, BJP's thinking is that southern part is second grade citizen," he said.

He said he had raised the issue earlier in NITI Aayog meeting.

Claiming that the "heartburn" allegedly caused to southern states would "burst" one day, he drew an analogy with the Telangana agitation in undivided Andhra Pradesh, triggered allegedly due to the raw deal meted out, that led to state formation.

It is a "sensitive" issue which can become big in the future, making it impossible for even Prime Minister Narendra Modi to control, he said.

Asked if he plans to take the issue forward, Reddy said he will have to consult other southern chief ministers before taking a final call.

He said Union Ministers visiting Telangana claim that the Centre provided lakhs of crores of rupees to the state but in reality it only gets 42 paise in return for every rupee it pays to the Centre.

He claimed that Karnataka, Tamil Nadu, Telangana, Kerala get 16 paise, 26 paise,42 paise and 49 paise respectively from the Centre.

However, states, including Bihar, Madhya Pradesh and Uttar Pradesh are getting Rs 6, Rs 2.09 and Rs 2.03, respectively for one rupee paid by them to Centre, he said.

When told about the reported comments of Union Finance Minister Nirmala Sitharaman in the past that the state government does not spend all the funds in Hyderabad though the city contributes maximum revenue to the state exchequer, Reddy said devolution and special package by the Centre are different.

If the Centre approves Telangana's pending development projects such as metro rail expansion, Regional Ring Road and airports, it would lead to rise in state's revenue. The state would then pay more taxes to the Centre, he said.

He said states like Telangana which effectively implemented family planning should not be punished.

Training his guns on Union Ministers from Telangana G Kishan Reddy and Bandi Sanjay Kumar, Revanth Reddy asked if they ever raised their voice with Prime Minister Narendra Modi or NITI Aayog against the "injustice" to Telangana.

Alleging that the Centre has not sanctioned any special project using its discretion to Telangana, he said some development projects were diverted to states like Gujarat.

A semiconductor project was almost finalised for Hyderabad but "PM Modi sent it to Andhra Pradesh," he claimed.

Have Kishan Reddy and Sanjay Kumar got any special projects for Telangana, he asked.

Referring to the recent comments of Maharashtra Chief Minister Devendra Fadnavis that Telangana government has not paid funds for land acquisition carried out in Maharashtra for an irrigation project, Revanth Reddy claimed that the remarks are insulting to Telangana.

He also alleged that BJP is trying to gain votes by showing AIMIM president Asaduddin Owaisi as an "evil".

Further, BJP is "begging" for votes in the name of religion, he charged.

Observing that BRS was in power from panchayat to parliament for 10 years even by poaching leaders from other parties, Revanth Reddy asked how can the K Chandrasekhar Rao-led party now complain about the problems in urban local bodies.

BRS does not have the right to seek votes in the municipal elections and the party needs to be "washed with acid" as it is responsible for all the "rot in municipalities and the state", he said.

Claiming a clandestine understanding between BRS and BJP, he said the KCR-led party had supported the NDA government at the Centre on all bills as the BJP did not have majority in Rajya Sabha during 2014-2021.

"Why has the ED not arrested KTR (BRS leader K T Rama Rao)" in Formula E race case being investigated by the agency, Revanth Reddy asked.

Why the CBI was not investigating the alleged irregularities in Kaleshwaram lift irrigation project built during the previous BRS regime though the state government entrusted probe to the central agency, he asked. "Is it not quid pro quo," he said.

The Chief Minister said the Congress government is implementing a slew of welfare and development programmes, including Arogya Sri health scheme, free travel for women in state-run buses, LPG cylinders for poor for Rs 500, distribution of PDS ration cards. PTI SJR SJR SA

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