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    Takaichi’s landslide win reflects deep structural, ideological shift in Japan: China
    Budget duped villages, farmers, and deprived classes of society: Surjewala
    Gross NPAs of Scheduled Commercial Banks (SCBs) for domestic operations reach a historic low of 2.15% as of September, 2025
    Fake income tax officer arrested after extortion attempt in UP's Sambhal
    Highlights of draft Income Tax Rules, 2026
    Bhagwan Mahaveer Foundation Announces Awardees for the 29th Mahaveer Awards Honouring Champions of Humanitarian Service
    Doctor 365 & R.K. HIV AIDS Research and Care centre organized 5th Bollywood Maha Arogya shivir attend Shilpa Shetty, Chairman Dr Dharmendra Kumar Etc.
    As part of USD 1 trillion push, Maha govt forms panel to explore textile sector venture capital fund
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    Silver surges 6 pc to Rs 2.72 lakh/kg on firm global trends
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    A forgettable budget prepared by a finance minister, who forgot promises made last year: Chidambaram
    Bhima Jewellery expands its Pan-India Retail Presence with Noida Store Launch
    Best Crypto To Buy Now: Crypto Sentiment Hits 42-Month Low As Bitcoin Hits USD 60k and SOL Dips, But Traders Are Migrating to DeepSnitch AI Amid Growi...
    Huge surge in domicile certificate applications at KMC amid SIR; over 18,600 requests received
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February 9, 2026
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Japan election result prompts China to defend diplomatic pressure and urge Japan to avoid a return to militarism.
China framed Takaichi's electoral victory as reflecting ideological shifts and defended its diplomatic offensive and restrictive measures taken after her Taiwan related remarks, urging Japan to honour existing political understandings and its pacifist constitution and warning against a return to militarism.
February 9, 2026
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Union Budget cuts allocations for rural, agricultural and social welfare sectors and raises concerns over trade deal clarity.
The Union Budget is criticised for reducing allocations and failing to fund announced rural and agricultural initiatives, with several missions receiving zero allocations and large sums of agri spending unutilised or surrendered; allocations for SC/STs, rural development, education and health are reported cut. The India US trade deal is said to open Indian markets to US agricultural produce without clarity on additional products, raising uncertainty over staples such as milk, cheese and foodgrains.
February 9, 2026
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Gross NPAs of Scheduled Commercial Banks fell to 2.15% after reforms strengthening recognition, resolution and recovery.
Gross NPAs of Scheduled Commercial Banks fell to 2.15% as of September 30, 2025, driven by the Asset Quality Review, the Government's 4Rs strategy and reforms strengthening recognition, resolution and recovery. Public Sector Banks show larger declines (2.50% gross NPA) and improved slippage ratios (0.8% for PSBs versus 1.8% for PVBs). Measures cited include Early Warning Systems, the Insolvency and Bankruptcy Code, SARFAESI amendments, increased DRT jurisdiction, specialised stressed asset verticals, and the Prudential Framework for resolution of stressed assets.
February 9, 2026
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Fake income tax officer arrested after extortion and forgery allegations; forged ID and notices recovered, case registered.
Allegations that an individual posed as an income tax officer to demand payment to avoid tax proceedings gave rise to criminal charges for extortion, forgery and criminal intimidation; police registered a case on complaint, arrested the suspect and recovered a forged ID, a forged departmental letter and a forged notice used to induce payment.
February 9, 2026
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Income tax rules: PAN thresholds for cash, property, vehicles, hotels and insurance updated and crypto reporting added.
The draft rules implement the new Income Tax Act and streamline compliance through consolidated rules and pre-filled digital forms, while setting revised PAN thresholds: PAN mandatory for annual cash deposits/withdrawals above Rs 10 lakh, not required for hotel bills under Rs 1 lakh, required for vehicle purchases above Rs 5 lakh and for immovable property transactions above Rs 20 lakh; PAN also compulsory for account-based insurance relationships. The draft requires crypto exchanges to share information with tax authorities and accepts Central Bank Digital Currency as an electronic payment mode.
February 9, 2026
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Mahaveer Awards announce 29th recipients across Non-Violence, Education, Medicine and Community service; nominations now nationally open.
The Foundation announced the 29th Mahaveer Awards in four categories-Non-Violence & Vegetarianism, Education, Medicine, and Community & Social Service-naming five awardees. Each award carries a cash prize of Rs. 10 lakh, a citation and a memento. The recipients were selected from 267 nominations by an eminent Selection Jury chaired by a former Chief Justice; the Foundation invited nominations for the 30th edition via its website.
February 9, 2026
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Doctor 365's 5th Bollywood Maha Arogya Shivir provided free medical care, screenings and assistive devices to thousands of attendees.
Doctor 365 and R.K. HIV AIDS Research and Care Centre organized the 5th Bollywood Maha Arogya Shivir on January 18, 2026, delivering free general and specialist medical services, diagnostic tests, eye care and assistive devices. The organization reports extensive nationwide charitable activity-tens of thousands of camps, millions of beneficiaries, large-scale distribution of medicines, spectacles and wheelchairs, mass TB and sickle cell screening and treatment-and operation of mobile medical units and ambulance hubs in partnership with state governments.
February 9, 2026
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Maharashtra forms panel to design a venture capital fund for the textile sector to support startups and MSMEs.
A nine member committee chaired by the state textile minister will frame proposals for a dedicated venture capital fund for the textile sector to provide targeted risk capital to startups and MSMEs, supporting innovation, modernisation, value addition, manufacturing growth, exports and employment. The committee will study the fund's structure, size, governance and operational framework; assess funding needs across the value chain; identify best practices and leverage private investment, financial institutions and central schemes; and recommend safeguards, incentives and timelines before submitting its report to the government.
February 9, 2026
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JBCN International Schools secured eight Outstanding Learner Awards, including five Top in the World recognitions in IGCSE and AS/A Level subjects.
JBCN International Schools announced eight learners received Outstanding Learner Awards-five Top in the World and three Top in India-across IGCSE and International AS & A Level examinations, with a strong showing in Mathematics and top scores in Global Perspectives, AS Level Sociology, and Digital Media and Design, attributed to student discipline and mentoring by experienced teachers including trained examiners.
February 9, 2026
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Convocation: problem-solving skills highlighted as key to career success amid AI-driven workplace shifts and graduates honoured with awards.
Problem-solving ability is presented as the decisive factor for career success amid AI-driven reduction of traditional entry-level jobs; education should develop innovative thinking and resilience rather than only intellectual training. The convocation highlighted the PGDM program's alignment with the National Education Policy 2020, industry collaboration and research emphasis, included an interactive career-focused Q&A, and conferred degrees alongside merit and extracurricular awards.
February 9, 2026
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Silver and gold rose on global trends and a weaker dollar, aided by China buying and focus on US macro data.
Silver and gold prices rose sharply on firm global cues and a softer US dollar, with silver up c.6.7% to Rs 2,72,000/kg and 99.9% gold up c.0.8% to Rs 1,58,500/10g. Price gains were driven by international spot increases, domestic buying and speculative flows in silver, while profit-taking limited peaks. Dollar weakness, sustained Chinese central bank gold purchases and anticipation of key US jobs and inflation data were identified as principal market drivers.
February 9, 2026
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Unlisted shares in India: private-equity style investments requiring Demat accounts, off-market transfers, and longer holding periods.
Unlisted shares trade outside recognised exchanges via off-market transfers requiring a Demat account, KYC and depository documentation; pricing is negotiated based on company fundamentals rather than exchange price discovery, liquidity is constrained with longer holding periods, and capital gains taxation depends on holding-period tests-market participants are moving from informal channels to structured platforms and specialist intermediaries.
February 9, 2026
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PAN quoting thresholds raised: mandatory PAN for large cash transactions, vehicle, hotel and property purchases and insurance onboarding.
Draft Income Tax Rules 2026 require PAN for cash deposits/withdrawals aggregating Rs 10 lakh in a year, motor vehicle purchases over Rs 5 lakh (including motorcycles), hotel/event payments over Rs 1 lakh, and immovable property transactions over Rs 20 lakh; PAN will also be required to open account-based relationships with insurance companies.
February 9, 2026
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AuthBridge and Vibrium AI partner to build AI driven conversational verification and cognitive models for faster, more accurate digital trust solutions.
AuthBridge and Vibrium AI will co develop AI powered conversational interfaces and cognitive verification models that integrate generative and cognitive AI into verification infrastructure to improve automation, verification accuracy, real time intelligence, and scalability for secure, enterprise grade digital verification and due diligence.
February 9, 2026
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Frontier Nagaland Territorial Authority enables local decision-making through administrative autonomy and devolved subjects for development.
The Frontier Nagaland Territorial Authority agreement grants administrative autonomy to six eastern districts by devolving 46 subjects to the Authority, establishing a dedicated secretariat, and providing a separate Centre-funded annual budget to enable local decision-making and faster execution of development programmes, aimed at fostering peace, stability, infrastructure, investment, tourism, and employment.
February 9, 2026
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Satellite internet partnership to provide high-speed connectivity to remote and underserved areas under a pilot public-private LoI.
A government entity and a private satellite operator executed a Letter of Intent to run a pilot providing high speed satellite internet to remote, border and underserved areas, connecting CSCs, e governance facilities, schools, PHCs, disaster management rooms, police outposts, ports and industrial parks. A Joint Working Group of both parties will coordinate implementation, capacity building and training, with sectoral focus on education, healthcare, security, maritime operations, highway safety and industrial connectivity to support digital inclusion where terrestrial infrastructure is limited.
February 9, 2026
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Union budget cuts to capital expenditure and rural allocations worsen investment shortfalls and hinder growth momentum.
The budget reduces capital expenditure for both Centre and state-advance-funded projects during a period of weak public, private and foreign investment, contributing to lower gross fixed capital formation and slower nominal growth. The budget's fiscal consolidation path is criticised as slow under the FRBM framework and dependent on one-off central bank transfers and expenditure cuts. The document further identifies notable sectoral reductions-agriculture, rural development, state grants and targeted scheme outlays-that are said to undermine rural infrastructure, manufacturing capacity and employment initiatives.
February 9, 2026
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Bhima Jewellery opens Noida showroom offering 22 carat, 100% BIS certified jewellery and expanded pan India retail presence.
Bhima Jewellery opened a new Noida showroom (P17, Sector 18) as part of pan India expansion, offering 22 carat gold, 100% BIS certified products, transparent pricing, and a modern retail experience. The launch reflects a strategy of responsible geographic growth, omnichannel development, and maintaining legacy commitments to purity, craftsmanship, ethical business practices, and consistent quality controls across product categories.
February 9, 2026
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Crypto market plunges into extreme fear as traders rotate into DeepSnitch AI presale for on chain risk monitoring and bonuses.
Market sentiment has plunged into "extreme fear" after Bitcoin and major altcoins fell sharply, prompting capital rotation toward DeepSnitch AI, an AI-driven platform offering live agents that monitor market movement, sentiment, and on-chain risk. AuditSnitch provides instant smart-contract scans with simple verdicts, and the project is in a rising presale stage with promotional bonus codes increasing token allocations; the article pairs this promotional presale narrative with a standard high-risk trading disclaimer.
February 9, 2026
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Domicile certificate applications at KMC surge amid electoral roll revision, prompting centralized verification and expedited issuance to assist voters.
KMC received 18,605 domicile certificate applications during the SIR exercise; 18,482 were forwarded for police field verification, yielding 16,555 enquiry reports, 14,590 certificates issued and 1,287 rejections. A centralised mechanism routes borough applications to KMC headquarters and the sector collector for police checks, with final approval by a WBCS-rank officer and borough-level issuance. Dedicated counters and guidance on documents such as Aadhaar and rent receipts were issued to expedite processing for voters under electoral roll revision.

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UP budget size jumps to Rs 8.33 lakh cr; record health outlay at Rs 46,728 cr: Economic Survey

February 10, 2026

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Lucknow, Feb 9 (PTI) Uttar Pradesh's budget size has more than doubled from Rs 3.47 lakh crore in 2016-17 to an estimated Rs 8.33 lakh crore in 2025-26, while capital expenditure rose from Rs 69,790 crore to Rs 1,47,720 crore during the period, according to the Economic Survey tabled in the assembly on Monday.

Presenting the report on the opening day of the budget session, Finance Minister Suresh Kumar Khanna said the budget has expanded by Rs 4.86 lakh crore over the past nine years, compared to an increase of Rs 2.34 lakh crore between 2008-09 and 2016-17.

The survey described the state's fiscal position as balanced, noting that the public debt-to-GSDP ratio declined from 29.3 per cent in 2016-17 to 28.0 per cent in 2024-25, lower than national and global averages.

In the health sector, the allocation has reached a record Rs 46,728.48 crore, accounting for 6.1 per cent of the total budget. The report claimed that citizens' out-of-pocket health expenditure has reduced and medical infrastructure has been strengthened.

Institutional deliveries increased from 34.74 lakh in 2021-22 to 41 lakh in 2024-25, marking an 18.02 per cent rise. Institutional births accounted for 96.12 per cent of total deliveries in 2024-25, while non-institutional deliveries declined by 50.44 per cent to 1.66 lakh.

The survey stated that free vaccination is being provided to children aged 0-5 years against 12 life-threatening diseases, including polio, tuberculosis, measles and Japanese encephalitis, and pregnant women are being immunised against tetanus.

Khanna said the number of medical colleges has increased from 36 in 2017 to 81 by the end of 2025, including 45 government and 36 private institutions.

The state currently has 38 state universities and 52 private universities.

On tourism, the report said arrivals in Uttar Pradesh recorded an increase by 2.4 times, reaching 156.18 crore in 2025. A record 66.30 crore visitors attended the Prayagraj Mahakumbh, it said.

In agriculture, the sector's contribution to the state economy increased from 24 per cent in 2017-18 to 24.9 per cent in 2024-25. Foodgrain production reached 737.4 lakh metric tonnes in 2024-25, raising the state's share in national output from 18.1 per cent to 20.6 per cent.

Per hectare gross value addition rose from Rs 0.98 lakh in 2017-18 to Rs 1.73 lakh in 2024-25. Paddy accounts for 13.1 per cent of the state's agricultural gross value, with area and production rising by 19.4 per cent and 23.6 per cent, respectively.

The report said around 65,000 food processing units are operational in the state, employing nearly 2.55 lakh youths, as Uttar Pradesh emerges as a food processing hub.

According to the Periodic Labour Force Survey 2023-24, 53.2 per cent of the workforce is engaged in agriculture and allied sectors, including 78.8 per cent of working women and 44 per cent of working men.

Khanna also told the House that a zero-tolerance policy towards crime has been implemented to strengthen women's safety. PTI AR KIS PRK

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