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February 9, 2026
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Investment scam: alleged Rs 1,200 crore fraud affecting 11,000 investors prompts detention of three company directors.
Alleged large-scale investment fraud collected about Rs 1,200 crore from roughly 11,000 investors, and the Economic Offences Wing is investigating the firm and its founding directors who were arrested in January; during their production a crowd of alleged victims attempted to gherao the directors and breach security, after which police custody of the accused was extended and they were taken to an EOW lockup.
February 9, 2026
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Agricultural trade agreement secures protection for major grains and dairy while opening export markets and duty relief for spices.
The agreement preserves domestic controls by excluding major foodgrains (wheat and paddy), protecting fruits and vegetables, and prohibiting imports of dairy products such as milk, curd, buttermilk, butter and milk powder; a detailed list of covered commodities will be published and spices are to receive zero per cent export duty treatment, while the pact opens expanded market access to international markets to boost exports and farmer income.
February 9, 2026
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Tamannaah Bhatia named brand ambassador of KSDL with two-year exclusivity on similar product endorsements and promotional duties.
Actor Tamannaah Bhatia has been appointed brand ambassador of KSDL for a two-year term beginning February 10, required to feature in advertisements and promotional campaigns and subject to an exclusivity obligation barring endorsement of similar private-company products; the appointment accompanies a relaunch of Mysuru Sandal Soap and supports KSDL's campaign to reach Rs 5,000 crore annual turnover by 2030 across its 57-product portfolio.
February 9, 2026
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Artificial Intelligence in tackling mule accounts and telecom-enabled fraud via coordination and tech adoption for real-time tracing and victim protection.
The conference focuses on deploying Artificial Intelligence and data analytics to detect and disrupt mule accounts and laundering mechanisms, structured around three pillars: financial systems, telecommunications infrastructure, and human exploitation; it targets misuse of SIMs, eSIMs, VoIP and OTP interception, and emphasizes inter-agency and public-private coordination for faster fraud reporting, real-time fund tracing, evidence preservation and victim protection, alongside international cooperation and state-level investigation models.
February 9, 2026
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Financial literacy for rural poor urged to prevent fraud and promote KYC updates in bank accounts.
Banks are urged to expand financial literacy efforts for poor, rural, and tribal populations to prevent small-value financial and cyber frauds, addressing language barriers and remote access constraints. The RBI's Financial Literacy Week emphasizes KYC as a foundational safeguard and calls for promotion of KYC updates and account-level awareness within literacy campaigns to secure deposit accounts and reduce exploitation of low-income customers.
February 9, 2026
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Confident Group assures projects will finish, denies wrongdoing amid Income Tax inspection and ongoing probe.
The Confident Group described the office searches as a routine Income Tax inspection, confirmed full cooperation with investigators and an ongoing SIT probe, asserted it is a zero-debt, zero-investor firm financed by sales collections, denied benami transactions and external investments including claims about film personalities, and assured customers that all projects have resumed and will be completed on time.
February 9, 2026
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Parliamentary speaking rights and suspensions stalled Budget debate amid dispute over the Speaker's refusal to allow pre-debate remarks.
The dispute concerned the Chair's refusal to allow the Leader of the Opposition to quote from material and speak before the Budget debate, leading to repeated adjournments, the suspension of eight members for the Budget session, and consideration by opposition parties of a resolution to remove the Speaker for alleged partisan denial of speaking rights. The Chair cited rules against raising issues without notice while opponents claimed an agreement permitting pre-debate remarks, highlighting tensions over the Right to Debate, suspension as discipline, and remedies for alleged Speaker partiality.
February 9, 2026
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Congestion tax proposal in Mumbai aims to pilot fees in business hubs to reduce traffic and fund environmental improvements.
A municipal representative proposes a congestion tax for Mumbai's central business districts, recommending a south Mumbai pilot project to deter single-occupant vehicles, boost public transport use, reduce emissions, and generate estimated annual revenue of Rs 200-300 crore to be reinvested in environmental and transport improvements; the proposal cites the national Economic Survey and seeks inclusion in the municipal budget.
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.

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Quint Digital Ltd. Brings Time Out Market to India with First Location at Worldmark, New Delhi

February 10, 2026

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Delhi, India (NewsVoir) Quint Digital Limited (QDL), India’s leading media-tech company, announced its plan to launch India’s first Time Out Market at Worldmark Aerocity, New Delhi, bringing the globally acclaimed food and cultural market to the country. The launch is part of QDL’s franchise agreement with Time Out Group plc, with Time Out Market Delhi expected to open in the second half of 2026.

Time Out Market Delhi will be located at 5 Worldmark, Aerocity, the new phase of Worldmark development, spread approx. 17 mn sq ft, positioned as the finest Global Business District of the country. The neighbourhood will have a destination retail alongside marquee hotels, new age offices, and curated hospitality and retail experiences. Situated immediately adjacent to the Indira Gandhi International Airport — one of the world’s busiest — the ecosystem is designed to attract millions of international travellers and local visitors, including urban professionals. The lease transaction for Time Out Market Delhi was advised by India Sotheby’s International Realty.

Spread across approximately 24,500 sq ft, Time Out Market Delhi will bring together a tightly curated ensemble of 11 kitchens and 2 full-service bars, alongside a private events space, a live performance stage, and seating for around 500 guests. Curation at Time Out Market Delhi is being driven by craft, credibility, and cultural relevance, bringing together chefs and concepts that truly shape the city’s food story. Visitors will experience a dynamic mix of the city’s finest culinary and cultural talent — from award-winning chefs and iconic institutions to exciting new voices and much-loved local favourites — offering restaurateurs a rare opportunity to be part of a globally recognised platform celebrating the very best of the city.

This milestone builds on QDL’s multi-channel collaboration with Time Out Group plc, announced in May 2025, to launch timeout.com/india alongside social and video platforms, creating a digital destination designed to be the ultimate guide to the best of India’s cities. This launch is slated for mid-February 2026.

QDL also holds the exclusive option to explore opportunities in India — on behalf of and in alignment with Time Out Group plc — to invest in, open, and operate additional Time Out Markets across the country. With multiple Markets operating globally and more in the pipeline, QDL aims to progressively expand the Time Out Market footprint in India, introducing culinary, cultural, and community-driven destinations to key cities.

“Delhi was the natural starting point for Time Out Market in India. Its scale, diversity, and energy set the template for our expansion nationwide,” said Ritu Kapur, Managing Director and CEO, QDL.

“This partnership brings together Time Out’s proven global model with QDL’s strengths in content, digital publishing, and AI through The Quint, Quintype, and ListenFirst Media. Our content prowess, tech capabilities, and social media multipliers will amplify and add to Time Out’s expertise, creating a powerful and seamless ecosystem that bridges digital and real-world destinations,” said Raghav Bahl, Director and Promoter, QDL.

Chris Ohlund, CEO of Time Out Group plc, added, “We expanded our growing Time Out Market portfolio by opening three new sites each in 2024 and 2025, with an additional five currently under development. Since the first Time Out Market launched in 2014, we have created — rooted in our iconic Time Out brand — a leading global food and cultural market.” “As part of this new franchise agreement, we will launch both our digital Media channels and a Time Out Market for the first time with one fantastic partner, QDL — this allows us to expand our brand further and build a strong digi-physical platform in India. Consumers will get to experience our trusted curation of the best of the city — and our commercial partners will get unique opportunities to connect with our valuable audience in new ways,” said Ohlund.

About Quint Digital Limited Quint Digital Limited (QDL) is India’s leading digital and media-tech, AI-focused company. QDL creates innovative ideas in the digital space with cutting-edge technology and engaging formats to propel meaningful change. QDL holds a significant minority stake in Lee Enterprises, Inc. (NASDAQ: "LEE"), a leading American media company that provides trusted local news and advertising services across 72 markets in 25 American states through nearly 350 digital platforms and print publications. QDL's conglomerate offers various solutions ranging from news to tech innovations, recently strengthened by the acquisition of ListenFirst Media, a premium social media and digital analytics platform headquartered in New York, which enhances QDL’s capabilities in AI-driven audience insights and engagement strategies. Its flagship platform, The Quint, launched in 2015, delivers trusted, innovative journalism, while Quintype’s AI-powered editorial platform enables seamless content creation for over 300 publishers worldwide. QDL’s suite of brands also includes The News Minute, known for independent journalism from Southern India; Youth Ki Awaaz, a citizen media platform that amplifies the voices of India’s youth; and Kisan India, dedicated to comprehensive coverage of Indian agriculture. Quint Digital Limited is listed on the BSE Limited. Find out more on quintdigital.in About Time Out Group Time Out Group is a global brand that inspires and enables people to experience the best of the city. Time Out launched in London in 1968 to help people discover the best of the city - today it is the only global brand dedicated to city life. Expert journalists curate and create content about the best things to Do, See and Eat across over 350 cities in over 50 countries and across a unique multi-platform model spanning both digital and physical channels. Time Out Market is the world's first editorially curated food and cultural market, bringing a city's best chefs, restaurateurs and unique cultural experiences together under one roof. The portfolio includes open Markets in over 10 cities such as Lisbon, New York and Dubai, several new locations with expected opening dates in 2026 and beyond, in addition to a pipeline of further locations in advanced discussions. Time Out Group PLC, listed on AIM, is headquartered in London (UK).

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

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