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February 9, 2026
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DeepSnitch AI presale raised $1.5M, using five AI agents for risk scoring, contract audits, and predictive sentiment tools.
DeepSnitch AI raised $1.50M at a $0.03906 presale and uses five specialized AI agents within a central intelligence layer to provide retail utilities - risk scoring, contract audits, whale tracking, breakout spotting, and predictive sentiment/FUD detection - supported by a native LLM for instant contract analysis; ai.com's retail autonomous agent launch and stated data segregation, encryption, and permission controls are cited as parallel catalysts for mainstream adoption.
February 9, 2026
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Indian Ocean naval cooperation convenes chiefs to advance non-binding maritime security cooperation and capacity building.
The Indian Ocean Naval Symposium convenes senior naval leaders in a non-binding framework to promote dialogue, trust-building, interoperability, capacity building, humanitarian assistance and disaster response, and to shape collective approaches to maritime security, resilience, and responsible ocean governance.
February 9, 2026
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Japan's agenda shifts to bolster defence, lift weapons export limits, tighten immigration rules, and alter family and tax policies.
The government proposes revising security and defence law to expand military capability, lift weapons export restrictions, create a national intelligence agency, enact an anti-espionage statute, and raise defence spending to 2% of GDP; it also advances stricter legal conditions on permanent residency and naturalisation and enforcement against unpaid taxes and social insurance by foreign workers.
February 9, 2026
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Income tax: CBDT invites stakeholder inputs on proposed Rules and Forms via e filing portal to improve rules and reduce burden.
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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Book 'Made in India' chronicles Desh Bandhu Gupta, Lupin and India's rise as a global pharmaceutical supplier.
A biographical and industry account chronicles Desh Bandhu Gupta's rise from modest origins to found Lupin, highlighting entrepreneurship, institutional resilience amid financial and operational crises, the complementary role of family and community programs, and India's emergence as a major global supplier of medicines and vaccines-supported by manufacturing scale, FDA approved facilities, and policy-enabled export competitiveness.
February 9, 2026
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Domicile certificate applications surge amid electoral roll revision; centralised verification and issuance expedited to assist voters missing from draft rolls.
A surge in domicile certificate applications tied to the Special Intensive Revision of electoral rolls prompted KMC to centralise applications at borough offices, route requests through headquarters for scrutiny, forward documentation to the sector collector for police verification, and obtain final approval from a WBCS rank officer before issuing certificates, with guidance on required documents such as Aadhaar and rent receipts.
February 9, 2026
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Ahmedabad University launches Institute of Manufacturing and Economy to boost industry-academia collaboration and manufacturing innovation.
Ahmedabad University announced the Institute of Manufacturing and Economy to promote integrated responses to productivity, technology adoption, workforce readiness, supply chain coordination and research translation in manufacturing. The Institute will pursue applied research, postgraduate and executive education, SME clinics, startup support, and policy and competitiveness reporting, leveraging university laboratories, prototyping facilities, incubation platforms and computing infrastructure to collaborate with industry and government and strengthen industry-academia collaboration.
February 9, 2026
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Lok Sabha adjourned after a standoff over Rahul Gandhi's demand to speak before the Budget debate.
Lok Sabha was adjourned after a standoff over whether the Leader of the Opposition should be allowed to speak before the Union Budget debate. The Chair declined to permit a prior LoP intervention, citing no notice or agreement, and government representatives disputed any arrangement. The impasse, following earlier adjournments that day, occurred amid prior disruptions including the LoP being disallowed from quoting an unpublished memoir and the Motion of Thanks proceeding without the Prime Minister's customary reply.
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.
Reforms adopt global turnover based penalty calculation implemented via detailed penalty guidelines; reduce merger review timelines from 210 to 150 days; introduce a settlement and commitment framework and a Green Channel route for deemed approval; and the Commission's AI market study identifies concentration, lock in, algorithmic collusion and self preferencing risks, recommending self audits, transparency, advocacy, policy support and inter regulatory cooperation.
February 9, 2026
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AI music therapy for cancer patients offers patented adaptive pain relief with clinical validation and investor backing.
Mindful Gurukul's Skitii is a patented AI-driven music therapy medical device that combines proprietary algorithms and continuous biometric monitoring to deliver adaptive therapeutic music; clinical validation reported significant pain reduction, Indian patents secured with international PCT filings, CDSCO Class B approval in progress, DPIIT recognition, and Rs. 4 crore committed by a US angel investor to support global scale and integration into oncology care.
February 9, 2026
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Markets rally as India-US trade deal optimism and PSU bank buying lift Sensex to 84,065.75; FIIs net buyers.
Equity benchmarks rose as India-US trade deal optimism and strong public sector bank buying lifted the Sensex to 84,065.75 and the Nifty to 25,867.30. FIIs purchased equities worth Rs 1,950.77 crore, with gains concentrated in consumer durables, realty, cement, capital goods and consumer discretionary sectors while some large-cap IT and private banks underperformed.
February 9, 2026
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KRAFTON records KRW 3.3266 trillion annual revenue and plans franchise expansion, AI innovation, and M&A.
KRAFTON's consolidated FY2025 results under K-IFRS show annual revenue of KRW 3.3266 trillion and operating profit of KRW 1.0544 trillion, with Q4 revenue KRW 919.7 billion and a KRW 81.6 billion one-time labor welfare expense reducing quarterly operating profit. PC delivered KRW 1.1846 trillion and mobile KRW 1.7407 trillion; other revenue rose due to ADK and Neptune consolidation. The company plans 2026 growth through scaling Franchise IPs, AI-led production and live services, targeted M&A, strategic investments, 2PP, and a 15-project first-party pipeline.
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.
HDFC Life and Muthoot FinCorp have formed a distribution partnership to offer HDFC Life's group and individual life insurance products, including protection and long-term savings solutions, via Muthoot FinCorp's branch network and digital platform, leveraging HDFC Life's product and risk expertise and digitally integrated sales processes to expand insurance access and financial inclusion in semi-urban and rural markets.
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.
February 9, 2026
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Union Budget supports MSME credit and artisanal schemes, boosts electronics and textile manufacturing, and promotes AI and GCC growth.
The 2026-27 Union Budget provisions focus on MSME support through a Rs 10,000 crore credit and institutional package and include the Mahatma Gandhi Gram Swaraj Yojana for handloom and handicrafts. Sectoral emphasis is placed on electronics manufacturing, textile parks to boost trade opportunities, AI engagement via an upcoming summit, and expansion of Global Capability Centres to increase employment and revenue.
February 9, 2026
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India 2030 Leadership Conclave returns to Mumbai on 6 April to convene leaders on growth and launch The Power Chair.
The ninth India 2030 Leadership Conclave will convene on 6 April 2026 in Mumbai to host sectoral discussions on India's next growth supercycle, institutional leadership, enterprise innovation and brand trust, include a Business & Brand Excellence Awards night, and launch the digital initiative 'India 2030: The Power Chair' as a year round platform seeded by 15 minute agenda setting sessions evolving into longer podcast dialogues; registration and sponsorship information are provided through a web form and contact email.
February 9, 2026
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Outreach OPD services in Bongaon connect residents to specialist care, prevention, and early diagnosis through local seminars and referral links.
Manipal Hospital Whitefield and Varthur Road launched New Outreach OPD Services in Bongaon with an Information Centre to provide patient guidance and referral pathways to specialised care; the accompanying seminar emphasized prevention, early diagnosis, lifestyle modification, and accessible specialist intervention for cardiovascular, gastrointestinal, orthopaedic, and spine disorders.
February 9, 2026
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IIFL Capital received SEBI nod to form an IFSC subsidiary to serve global investors and enable cross-border investment flows.
SEBI issued a No Objection for IIFL Capital to form a Wholly Owned Subsidiary at GIFT IFSC to carry out permitted financial services and capital market activities as a separate legal entity, subject to remaining statutory and regulatory approvals and operational clearances.

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MIDASX Records Best Quarter Since Inception, 30% YoY Growth; SaaS Vertical Turns Cash-Flow Positive

February 10, 2026

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Mumbai, India | 10th Feb 2026— MIDASX, India’s emerging fintech ecosystem for financial product distribution, has recorded its strongest quarterly performance since inception, showing a 30% growth in revenue in Q3 FY 25–26, SaaS achieving BEP marking a critical growth milestone for the company with enhanced unit economics, product market fit, and operational maturity. Commenting on the milestone, Aakash Bansal, Co-Founder & CEO, MIDASX, said: “Q3 FY 25–26 marks a clear inflection point for MIDASX. We’ve moved decisively from building to scaling, achieving cash-flow positivity, and launching a truly multi-asset, AI-powered fintech ecosystem. Our focus has never been on being just another software provider; we are building infrastructure for the future of financial distribution in India, where technology, intelligence, and access converge to empower MFDs and intermediaries at scale. Our marketplace, AI stack, and freemium-driven growth strategy are now operational, and we are thrilled to see fast adoption and the spirit of an MFD to grow and scale. The subsequent stage focuses on enhancing involvement, reaching zip codes, and establishing MIDASX as the standard operating system for both financial advisors and product creators.” With over 1,750 active intermediaries, and access to a combined ₹2.1 lakh crore+ in AUM, MIDASX is positioning itself as a Full-stack Fintech Ecosystem powering the next generation of financial distribution in India.

In the last quarter, MIDASX broadened its presence by having three main divisions—SaaS which is now operating at breakeven, and the newly scaled B2B2C Multi Asset Marketplace and Introducing AI in Wealth Tech for MFDs verticals; while rapidly increasing its workforce from 56 to more than 100+. They also opened a new 100+ seater office in heart of Financial Capital in Mumbai.

Be it immediate insights on client portfolio with Portfolio Genius, to power charge each insight with deep research via Agent M, an MFD is all set to increase operational efficiency and scale across multiple asset classes. The Digital Avatar makes the platform personalised and makes the presence of the MFD quantum.

MIDASX also launched its multi-asset marketplace, enabling instant activation of products across MF, Stocks, CFDs, Loans, Unlisted, Bonds, MLDs, PMS, AIFs and more. The platform onboarded 250+ new IFAs onto its multi asset marketplace ecosystem during the quarter.

Looking ahead to Q4 FY 25–26, MIDASX plans to aggressively scale demand and supply on its marketplace, onboard 25+ additional product manufacturers, expand AI-led workflows, and conduct 100+ physical events and webinars across India.

About: MIDASX, by Vijya Fintech, is an open-architecture, B2B2C Multi-Asset Marketplace empowering financial distributors and advisors- the real heroes of India's wealth ecosystem; to deliver enhanced client experiences with a blend of "touch and tech".

Founded by Rajesh Soni, Aakash Bansal, Paresh Paladiya, and Anil Gupta, Vijya Fintech has grown rapidly to onboard over 1,750 distributors and serve more than 5.5 lakh investors across India, emerging as one of the country's leading B2B2C fintech powerhouses.

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

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