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    Indian goods to gain edge over China, others in US market after tariff cut to 18 pc: Goyal
    Quantum computing India's ticket to leading role in global tech space: Chandrababu Naidu
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February 8, 2026
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Indian exports gain a pricing edge after reciprocal tariffs cut to 18%, boosting competitiveness in labour intensive and agricultural sectors.
Reduction of India's reciprocal tariffs to 18% in the first phase bilateral trade framework with the United States is intended to secure market access and a pricing advantage for Indian exporters. Compared to higher levies faced by competitors (for example China 35%, Brazil 50%), the lower tariff is identified as enhancing competitiveness in labour intensive sectors and supporting agricultural exporters. The tariff cut is presented as commercially supported by industry and as a policy instrument to increase export value and farmers' incomes, with the framework expected to be signed by mid March.
February 8, 2026
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Quantum technology initiative accelerates investment approvals using escrow safeguards, mandatory timelines, and expedited clearances to boost manufacturing.
The policy requires investment proposals for the Quantum Valley to include mandatory timelines and proof of feasibility, subject to monthly progress reviews; uses escrow accounts to govern benefits and subsidies; excludes non-serious actors through prequalification and oversight; and implements an expedited clearance regime with targeted decision timelines to prevent abnormal delays and preserve investor viability.
February 8, 2026
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Mettur Dam water release urged to irrigate flowering paddy for 20 days and prevent widespread crop and livelihood losses.
Demand that the government release water from the Mettur Dam to supply irrigation to flowering paddy in the Delta region for about 20 days to prevent withering crops and severe economic loss to farmers who have taken loans; firsthand reports of parched fields and reliance on small pumps emphasise urgency and the need for immediate executive action to protect livelihoods and paddy production.
February 8, 2026
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Quota-based duty concession on DDGS to support animal and poultry sectors under the US-India trade framework.
India agreed to a quota-based duty concession on dried distillers' grains with solubles (DDGS) for the US under the first-phase bilateral trade framework, providing managed market access via a quantitative quota to support animal husbandry and poultry feed needs while balancing domestic interests and addressing concerns about duty reductions.
February 8, 2026
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Union Budget focuses on farmers, tourism, healthcare and productivity to boost rural employment and local infrastructure.
The Union Budget prioritises social welfare and rural prosperity through productivity-enhancing investments to address unemployment and improve living standards. It focuses on agricultural support-processing of pulses and oilseed crops, promotion of high-yielding seeds and measures to enable better price realisation for farmers-alongside tourism infrastructure development to generate local employment, with complementary commitments to healthcare and education to bolster human capital.
February 8, 2026
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Stone mining industry: prioritise environmental protection, safe mining and social security to sustain heritage and exports.
Prioritising environmental protection and ecological balance alongside safe mining practices is urged as a core policy objective for the stone industry, with social security for mining communities framed as a moral responsibility; this priority is set against Rajasthan's dominant production role and the sector's export, craftsmanship and heritage significance.
February 8, 2026
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India-US trade statement uses safeguards and calibrated openings to protect farmers while offering limited market access.
The India-US joint statement provides safeguards and calibrated market-opening measures to protect farmers and domestic industry from import surges while granting limited market access for certain pulses and lentils; no duty concessions were granted on dairy, genetically modified products, meat, poultry, soya meal and corn, with tariff differentials cited as an exporter advantage.
February 8, 2026
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India-US trade deal threatens Jammu and Kashmir horticulture if zero tariffs allow US agricultural imports.
The article argues that the India-US trade arrangement's allowance of zero tariff imports of agricultural products threatens Jammu and Kashmir's apple and walnut producers, while the regional budget is criticised for not addressing unemployment and for fiscal losses from an electric-bus subsidy that has allegedly displaced private transport operators.
February 8, 2026
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Free trade agreements require sharp, cautious negotiation balancing mutual sensitivities, rapport, and protection of national interests.
Commerce Minister Piyush Goyal described free trade agreement negotiations as intense processes requiring negotiators to be sharp and cautious because terms will affect nations for decades; he emphasised mutual respect for sensitivities, the utility of personal rapport to secure additional benefits, and the overriding need to protect national interests.
February 8, 2026
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India intends to purchase $500 billion of US goods over five years across energy, aviation, technology, and coal.
India and the United States finalised a framework for the first phase of a bilateral trade agreement under which India intends to purchase USD 500 billion of US goods over five years, targeting energy products, aircraft and parts, precious metals, technology products, and coking coal; the figure includes existing orders (notably significant aviation commitments) and is presented as conservative relative to projected import demand, contingent on US competitiveness.
February 8, 2026
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Uniform Civil Code should be framed by consensus and stakeholder consultation to avoid divisions and build trust.
Uniform Civil Code should be framed through broad consensus and structured stakeholder consultation to avoid social divisions, with large scale public suggestions cited as an exemplar; law reform is conditioned on inclusive procedure, trust, and dialogue with Muslim and Christian communities to align religious practice with non dominating principles.
February 8, 2026
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Household caregiver verification recommended to curb thefts using digital registration, ID checks and background details.
Kolkata Police recommended mandatory verification and digital registration of household employees via the Domestic Help Profile on the 'Bondhu' app or website, requiring identity proof, permanent address and photographs to enable background checks and faster investigation; awareness drives will encourage compliance, with family members urged to assist elderly residents in completing registration.
February 8, 2026
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Digital arrest scam used impersonation and coercion to extract funds; Rs 100 crore linked to shell accounts and directors arrested.
Two individuals were arrested in a digital arrest scam using impersonation, forged FIRs and threats to coerce victims into transferring funds; one victim paid Rs 40 lakh. A private limited company in west Delhi, with the accused as joint directors, operated as a conduit. Digital forensics traced layered fund movements through multiple bank accounts and UPI IDs linked to shell entities across states, with 190 complaints and suspected proceeds over Rs 100 crore connected to the network. The accused admitted opening multiple accounts; investigation continues.
February 8, 2026
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India Malaysia ties expand across trade, defence and counter terrorism, including semiconductor cooperation and local currency trade.
India and Malaysia agreed to deepen cooperation across trade, investment, defence, energy, advanced manufacturing and semiconductors via 11 agreements, promoted trade settlement in local currencies, and established an Indian Consulate General. They committed to strengthened counter terrorism cooperation-intelligence sharing, maritime security, defence ties, countering radicalisation and terrorism financing-and pledged coordinated support for reforms to make multilateral institutions more representative, including mutual backing on international candidatures and an expedited review of the ASEAN India Trade Agreement.
February 8, 2026
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Kerala paddy procurement bonus faces central review; state says discontinuation threatens farmers and food security.
The Union Finance Ministry asked Kerala to review and consider discontinuing its additional incentive bonus on paddy and wheat procurement, citing bumper production that has produced stocks exceeding PDS, buffer and contingency requirements and creating a recurring burden on the public exchequer; the state rejects this direction, defending its Rs 6.31 per kilogram bonus above the Minimum Support Price as necessary farmer support and contesting the fiscal-burden characterization.
February 8, 2026
Show AI Summary
India-Malaysia cooperation expands in defence, semiconductors and trade while domestic governance and electoral actions advance.
India and Malaysia announced expanded cooperation in defence and security, semiconductor supply chains, and trade after leaders' talks. Concurrent domestic matters include calls for judicial intervention over a ruling party unit's allegedly targeting social-media video, a state request to expedite and fund sanctioned railway projects, emphasis on policy stability in the Union Budget, and a state offering thousands of Group B officers for a special electoral roll revision. An invitation for India to join an international supply-chain security initiative was also reported.
February 8, 2026
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Delhi hotel tariffs skyrocket as AI summit drives unprecedented demand and room rates into lakhs.
Five-star hotel tariffs and occupancy in New Delhi have surged for India AI Impact Summit dates, with standard rooms usually priced Rs 20,000-40,000 now listed at rates approaching and in some categories exceeding several lakh rupees per night; premium suites and club-level categories command multi-lakh rates or face minimum-stay conditions, and leading properties are nearly sold out or listing steep peak-season pricing.
February 8, 2026
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Japanese prime minister Sanae Takaichi seeks electoral majority to enact right-wing security, defence spending and immigration reforms.
Prime Minister Sanae Takaichi called a snap election to win a lower-house majority for a conservative agenda prioritising security and economic measures. Core operative aims include revising security and defence policy to develop offensive military capabilities, lifting the weapons export ban, increasing defence spending, tightening immigration and foreign-owner rules, and aligning more closely with the United States. Financing plans and diplomatic approaches to China were not detailed. The LDP's coalition with the Japan Innovation Party is framed as necessary to secure the legislative majority Takaichi says she needs to pursue these changes.
February 8, 2026
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Union Budget 2026 27 anchors policy stability, multi year planning and capital expenditure to build Viksit Bharat.
Union Budget 2026 27 is anchored in policy stability and multi year planning toward 2047-2050, emphasising fiscal discipline over populist measures. The Budget prioritises capital expenditure and infrastructure expansion, highlights CPSE contributions and state utilisation of long term interest free loans for signature projects, and seeks to crowd in private investment to strengthen economic resilience and enable export led growth.
February 8, 2026
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High-Level Committee on Banking to recommend scaling banks and restructuring public sector NBFCs to meet development financing needs.
The government will set up a High-Level Committee on Banking for Viksit Bharat to recommend how to scale the banking sector to meet financing, credit and access needs while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring public sector NBFCs, noting PFC's 2019 majority acquisition of REC and the PFC board's in-principle approval to merge REC into PFC to improve scale and efficiency.

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Leadership issue: Siddaramaiah says Cong high command decision final, will be committed to it

February 10, 2026

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Bengaluru, Feb 10 (PTI) Karnataka Chief Minister Siddaramaiah on Tuesday asserted that whatever the Congress high command decides on the CM change issue is final, and that he will be committed to what the leadership says.

He also clarified that he is not going to Delhi to discuss the issue, and will go only if he is called by the high command.

The CM was responding to comments made by his deputy and another claimant for the Chief Minister post D K Shivakumar earlier in the day that he has "no confusion" over the leadership issue, as he and Siddaramaiah have discussed the matter in presence of the Congress high command.

"I will not speak about it now. Whatever the high command says is final. There is no use of you asking unnecessary questions," the CM told reporters here.

When reporters said that they were merely asking what Shivakumar had stated, a visibly upset Siddaramaiah said, "if he has said something, you ask him. I don't know. I'm committed to what the high command says." Stating that he is not going to Delhi, responding to a question, he said, "why should I go without being called. I have work here, I have budget preparation work. If I'm called, I will go." The power struggle between Shivakumar and Siddaramaiah has once again coming to the fore, with the latter's son and MLC Yathindra last week insisting that his father will complete his five year team, with the party high command having given signal in this regard.

The leadership tussle within the ruling party has intensified amid speculation about a possible change of chief minister after the Congress government completed the halfway mark of its five-year term on November 20, 2025.

The speculation has been fuelled by the reported "power-sharing" arrangement between Siddaramaiah and Shivakumar at the time of the government formation in 2023.

Siddaramaiah said Shivakumar has written a letter to him seeking permission for being absent from the pre-budget meetings with his water resources and Bengaluru development departments on Tuesday.

"He (Shivakumar) has written a letter stating that he has to go to Delhi to participate in a (Congress) meeting regarding Assam assembly polls, so he will not be able to attend today's pre-budget meeting," he said, adding that the meetings of the concerned departments will be held in his absence.

Shivakumar has been appointed by the Congress as senior observer for upcoming Assam assembly polls.

Siddaramaiah, who also holds the finance portfolio, is holding a series of pre-budget meetings with various departments.

The 2026-27 Budget is likely to be presented in March, according to official sources. This would be Siddaramaiah's record 17th budget.

Responding to a question about former BJP MP from Mysuru Prathap Simha's allegations that Yathindra Siddaramaih was interfering in administration, including transfers of government officials, the CM said, "Prathap Simha was not even given ticket by his party (to contest Lok Sabha polls)." PTI KSU SA

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