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    Pune land deal: Parth Pawar's firm challenges stamp duty payment notice as deadline closes
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February 9, 2026
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Pune land deal: firm appeals Rs21 crore stamp duty notice as deadline nears amid FIR and probe.
An appeal has been filed against an order directing Amadea Enterprises LLP and its partner to pay Rs 21 crore in stamp duty for a 40 acre sale deed treated as government land, with a hearing before the Inspector General of Registration and possible revenue recovery measures such as bank account seizure and property attachment if unpaid; an FIR alleging evasion of stamp duty and administrative suspensions accompany an ongoing criminal probe by the Economic Offence Wing.
February 9, 2026
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India oil procurement guided by national interests: diversified sources and market-based company decisions protect supply and pricing.
India's energy procurement policy is governed by national interests, prioritising adequate availability, fair pricing and reliable supply; the state will pursue diversified sources to avoid dependency while operational sourcing decisions remain with oil companies acting on market, logistical, financial and fiduciary considerations. As a net importer seeking to protect consumers from energy-driven inflation, India frames multiple suppliers and supply stability as central to its energy-security posture, and indicates that trade measures will be assessed against these procurement priorities without displacing the primacy of national interest.
February 9, 2026
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AAP protest against Bajwa over alleged remark prompts police action and Scheduled Castes Commission inquiry.
AAP leaders protested an allegedly objectionable remark by Leader of Opposition Partap Singh Bajwa about a Cabinet minister, leading to police measures including water cannon use and detention of AAP members; the Punjab State Scheduled Castes Commission took suo motu notice and sought a police report, and Bajwa has been summoned to explain and denied the remark was caste-specific while criticizing the government's priorities.
February 9, 2026
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Shivakumar to visit Delhi Feb 10 to meet party leaders, water minister and legal counsels; orders SIT on irrigation corruption.
D K Shivakumar will travel to Delhi on February 10 to meet party leaders, the Union Water Resource Minister and legal counsels; he will seek Chief Minister Siddaramaiah's permission because the Chief Minister chairs the Irrigation department. Officials will brief Siddaramaiah on the proposed Mekedatu balancing reservoir on the Cauvery. Shivakumar has ordered formation of a Special Investigation Team in the Revenue Department to probe an alleged nexus looting the Irrigation Department.
February 9, 2026
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Indian migration to the UK delivers skilled workers and calls for visa alignment, credential fast tracks, and study to work pathways.
Indian migration is characterised as an economic asset whose benefits depend on skills based migration matching workers to employer needs, speeding deployment where shortages are acute, and improving retention and progression. The paper recommends aligning visa routes with labour demand, creating predictable standards and qualification recognition, establishing a UK India skills and credential fast track between regulators, and strengthening a study to skilled worker conversion model to link universities, employers and health services.
February 9, 2026
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Central funding disparities provoke allegations of deliberate neglect and project diversion, affecting regional development and political trust.
Telangana's Chief Minister alleges systematic disadvantage in central fiscal devolution and discretionary special-package allocations, claiming major projects were diverted from the state and that southern regions receive far lower returns on contributions; he asserts tacit political understanding between the national party and a regional rival, questions selective central investigative action in high-profile matters, and proposes consulting other regional leaders before seeking collective remedies while linking project approvals to future state revenue growth.
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.

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Merck India hosts 6th Merck-Tagore Award: Honours Professor Dr. Lars-Christian Koch for Promoting Intercultural Exchange between India and Germany

February 10, 2026

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MUMBAI, India, Feb. 10, 2026 /PRNewswire/ -- Merck, a leading science and technology company, in collaboration with Goethe-Institut / Max Mueller Bhavan India, the official cultural institute of the Federal Republic of Germany, presented Professor Dr. Lars-Christian Koch with the prestigious sixth Merck-Tagore Award during a celebratory event held at the Royal Opera House in Mumbai. Prof. Dr. Simon Thelen, Vice Chairman of the Family Board and of the Board of Partners of E. Merck KG, handed over the award to Professor Dr. Lars-Christian Koch, an ethnomusicologist, for his outstanding contribution to intercultural exchange between India and Germany, with a particular focus on the life, music, and legacy of Rabindranath Tagore. The jury of the sixth edition of the Merck-Tagore Award consisted of Christoph Hallier, Consul General of the Federal Republic of Germany in Mumbai; Bjorn Ketels, Director, Goethe-Institut /Max Mueller Bhavan Mumbai; Pratima Reddy, Country Speaker, Merck India and Managing Director, Merck Healthcare in India, and Dr. Martin Kämpchen, the first recipient of the Merck-Tagore Award. Addressing the crowd, Bjorn Ketels, Director, Goethe-Institut /Max Mueller Bhavan Mumbai, said, "The Merck-Tagore Award represents a long-standing partnership between Merck and the Goethe-Institut, grounded in a shared commitment to fostering meaningful intercultural dialogue. Professor Dr. Lars-Christian Koch's body of work exemplifies scholarly depth, attentive listening, and a deep respect for cultural memory. Through his sustained engagement with sound, music, and research, he has created bridges across geographies and disciplines, making his contribution to Indo-German cultural exchange both enduring and deeply relevant." During his acceptance remarks, Professor Dr. Lars-Christian Koch reflected on Rabindranath Tagore's enduring influence, noting that the importance of Tagore "remains anchored in life," and emphasizing that while his own academic and curatorial work has become increasingly global, Tagore's ideas continue to shape his intellectual and cultural engagement. Pratima Reddy, Country Speaker, Merck India, added, "At Merck, we believe that meaningful progress is driven by open exchange across cultures and disciplines. The Merck-Tagore Award reflects this belief by recognising outstanding contributions in the humanities that strengthen intercultural understanding. It is our privilege to honour Professor Dr. Lars-Christian Koch for his deep and sustained engagement with India, and for his significant scholarly work on Rabindranath Tagore's musical and cultural legacy, which continues to foster dialogue between India and Germany." About Professor Dr. Lars-Christian Koch, Winner of the Merck-Tagore Award 2025 Professor Dr. Lars-Christian Koch is an internationally renowned ethnomusicologist whose work has significantly strengthened cultural and academic exchange between India and Germany. His engagement with India, and particularly with Rabindranath Tagore, spans several decades. He was associated with the Tagore Institute in Bonn, founded by musicologist Dr. Trina Purohit-Roy, and later pursued studies in Santiniketan, West Bengal- Tagore's place of residence, with a special interest in the songs of the Indian poet. Professor Koch completed his doctoral dissertation at the University of Bonn in 1994 on classical North Indian music, comparing it with the theory of affects in European philosophy. His habilitation in ethnomusicology at the University of Cologne in 2002 marked a return to Tagore's work and resulted in the publication 'Die Lieder Rabindranath Tagores zwischen Tradition und Moderne' (LIT Verlag, Berlin/Münster, 2012). His ethnomusicological research has taken him extensively to India and South Korea, with academic interests spanning North Indian music, instrumental studies, audiovisual media, and music archaeology. He has curated numerous exhibitions and authored a wide range of scholarly essays and books. Professor Koch is an adjunct professor of ethnomusicology at the University of Cologne, an honorary professor at the Berlin University of the Arts and honorary professor at the Humboldt University Berlin. He holds guest professorships at the University of Chicago and the University Vienna. Since 2018, he has served as Director of the Ethnologisches Museum and the Museum für Asiatische Kunst at Berlin's Humboldt Forum. About the Merck-Tagore Award The Merck-Tagore Award, sponsored by Merck India and granted by the Goethe-Institut / Max Mueller Bhavan India, was introduced in 2012 to honour the life and work of Rabindranath Tagore. This award is one of four literary prizes sponsored and promoted by Merck on a global basis. It is granted to writers and scholars who have made a special contribution to cultural exchange between Germany and India. Merck has a historical connection with Rabindranath Tagore. Within the Merck family, Elisabeth Wolff-Merck took on the task of translating Tagore's theatrical piece 'Chitra' from English into German. Her husband, Kurt Wolff, played a pivotal role in publishing Tagore's works in Germany, contributing significantly to the poet's recognition and acclaim in this country. About Goethe-Institut The Goethe-Institut (known in India as Goethe-Institut / Max Mueller Bhavan) is the Federal Republic of Germany's cultural institute, active worldwide. It promotes the study of German abroad and encourages international cultural exchange. The Goethe-Institut / Max Mueller Bhavan's main areas of interest are determined in consultation with its Indian cooperation partners from the fields of art, science and media, from NGOs and select companies, with whom it jointly develops appropriate programmes and projects. The Institute's activities range from film screenings, exhibitions, theatre performances and concerts to workshops and conferences particularly on innovative topics such as digital, AI and media art. The Institute also initiates and organises contacts and research/residency tours for Indian artists, scientists and journalists who wish to go to Germany, thereby supporting them as promoters of culture and paving the way for deeper international and cultural cooperation. About Merck Merck, a leading science and technology company, operates across life science, healthcare and electronics. More than 62,000 employees work to make a positive difference to millions of people's lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2024, Merck generated sales of € 21.2 billion in 65 countries. Scientific exploration and responsible entrepreneurship have been key to Merck's technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics. All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service. Photo: https://mma.prnewswire.com/media/2890780/Merck_Tagore_Award.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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