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February 10, 2026
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Forbes Global Properties launches Mission 2030 to set standards for branded luxury real estate, focusing on quality, governance and investor links.
Mission 2030 is a standards-led strategic vision to develop branded residences, commercial assets, and institutional advisory in India, prioritising selective partner criteria, asset excellence, transparency, governance, sustainability, and long-term value creation as prerequisites for endorsement and market linkage to global capital.
February 10, 2026
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Tina Ambani to be re-summoned for questioning under PMLA over alleged money trail linked to Manhattan condominium.
Enforcement agency to reissue summons to Tina Ambani to record her statement under the Prevention of Money Laundering Act concerning an alleged money trail linked to a Manhattan condominium; the probe alleges sale proceeds were remitted via a sham investment arrangement during a corporate insolvency resolution process and has produced arrests, ECIRs, a special investigation team, and asset attachments.
February 10, 2026
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Russian oil exports face sanctions, shipping bans and tariffs, sharply reducing revenues and prompting higher taxes and borrowing.
Sanctions on major oil producers, bans on refined products and shipping restrictions, plus interdictions of shadow tankers, have cut export receipts by widening discounts on Russian crude and disrupting payment and logistics channels; in turn, the government has raised taxes and increased borrowing to offset lost oil-related tax revenues.
February 10, 2026
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Kanpur Lamborghini crash: police cite CCTV and witnesses placing owner's son at wheel, despite lawyer's denial.
Investigation focuses on competing claims about who drove the Lamborghini: defence counsel says the designated driver was at the wheel, while police rely on CCTV footage, eyewitness accounts and other evidence to identify the accused-the owner's son-as driver. The FIR was amended from an unidentified driver to name the son, the vehicle has been seized for forensic examination, and police have attempted notice service and taken administrative steps pending further evidentiary development.
February 10, 2026
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Shatak Dhwaj Yatra begins at Lal Chowk with Bhagwa flag waved, marking RSS centenary and nationwide march.
The Shatak Dhwaj Yatra began at Srinagar's Lal Chowk with the Bhagwa flag waved there for the first time since Independence, launching a nationwide procession marking the Rashtriya Swayamsevak Sangh's 100-year centenary; the first leg ended in Ludhiana with a 100-biker rally, cultural celebrations and a felicitation ceremony, and the events are linked to the promotional release of the commemorative film Shatak: Sangh's 100 Years.
February 10, 2026
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US-India interim agreement talks and US tariff reduction on Bangladesh to 19% highlighted alongside regional election and conflict coverage.
US and India are cooperating to finalise an Interim Agreement toward a broader bilateral trade arrangement, while the United States has reduced applied tariffs on Bangladesh to 19 per cent; the release also notes related electoral developments in Nepal, Bangladesh, and Japan and ongoing coverage of Pakistan and the Russia-Ukraine conflict.
February 10, 2026
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Markets extend third day rally as Asian peers and foreign inflows lift benchmarks amid trade optimism.
Equity benchmarks extended a three day rally as positive Asian peers and sustained foreign institutional inflows supported gains; optimism over an interim trade framework with the United States and strength in US markets boosted investor sentiment while markets awaited US employment and CPI data to guide Fed policy. Foreign institutional investors bought equities worth Rs 2,254.64 crore and Brent crude eased slightly, with several large caps among the session's gainers and select financials and consumer names lagging.
February 10, 2026
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US-India trade framework requires India to cut tariffs, boost US purchases, and negotiate digital trade and supply chain rules.
The United States and India will implement a framework toward an Interim Agreement aiming to conclude a Bilateral Trade Agreement; India will eliminate or reduce tariffs on US industrial and specified agricultural goods and commit to significant purchases of US products, while the US will adjust reciprocal tariffs. The parties will continue negotiations on remaining tariffs and non-tariff barriers, rules of origin, services and investment, intellectual property, government procurement, digital trade rules including removal of digital services taxes, and measures to strengthen economic security and supply chain resilience.
February 10, 2026
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Rupee weakens to 90.77 as markets stay cautious after the India-US interim trade framework; RBI intervention expected.
The rupee fell to 90.77 against the US dollar as markets reacted cautiously to the India-US interim trade framework; concerns about continued US oversight of energy imports and possible penalties diminished initial optimism. Technical support around 90.00-90.20 is viewed as key, with RBI intervention via dollar purchases expected to anchor the currency, while FII inflows have improved sentiment but their durability is uncertain.
February 10, 2026
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Tina Ambani to be re summoned for questioning in a money laundering probe linked to a Manhattan condo purchase.
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February 10, 2026
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US tariffs on Bangladesh trimmed to 19% with zero reciprocal tariff for certain apparel made with US inputs.
The United States and Bangladesh agreed to reduce reciprocal tariffs to 19 per cent and to establish a mechanism granting zero reciprocal tariff treatment for certain textile and apparel goods made in Bangladesh using US produced cotton and man made fibre, alongside commitments on imports, e commerce tariff restraint, intellectual property standards, and support for WTO reform.
February 10, 2026
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Lok Sabha floor disorder: BJP women MPs urge strongest disciplinary action against opposition MPs over chamber disruptions.
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February 10, 2026
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Shivakumar orders a special investigation into alleged irrigation department looting while pursuing consultations on the Mekedatu reservoir.
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February 10, 2026
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Homeland Security funding is being negotiated with Democrats demanding strict new ICE restrictions, including warrant, ID and use-of-force reforms.
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February 10, 2026
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Israeli strikes in Gaza amid a months-long ceasefire and UN concern over expanded West Bank control.
Israeli strikes in Gaza during a months-old ceasefire killed civilians amid contested tactical exchanges; Israel describes the strikes as precise responses to fire it says violated the truce. A UN official warned that Israeli measures to deepen control over the West Bank could be unlawful and destabilising for the Occupied Palestinian Territory, linking settlement-facilitating policies to erosion of Palestinian Authority powers. Rafah crossing operations show limited humanitarian movements and unresolved authorisation and coordination issues.
February 10, 2026
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February 10, 2026
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Uttar Pradesh budget increases to Rs 8.33 lakh crore with record health allocation improving institutional deliveries and medical infrastructure.
Uttar Pradesh's budget rose to Rs 8.33 lakh crore in 2025-26 with capital expenditure up materially; the Economic Survey describes a balanced fiscal position with a reduced public debt to GSDP ratio. The Survey records a record health allocation of Rs 46,728.48 crore (6.1% of the budget), reporting reduced out of pocket expenditure, stronger medical infrastructure, expanded medical colleges and higher institutional delivery and immunisation coverage.
February 10, 2026
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Maharashtra receives large tax devolution and budgeted capital expenditure to accelerate transport, rail and logistics infrastructure.
Union Budget allocates Rs 89,855.80 crore as tax devolution for Maharashtra for 2026-27 and elevates capital expenditure to accelerate transport, rail and urban transit projects, including Nagpur metro expansions and 41 rail projects, while proposing an Infrastructure Risk Guarantee Fund to bolster BOT and PPP models and reduce logistics costs.
February 9, 2026
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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.

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Customs & Trade

Victory or PR-wrapped sacrifice of India's interests: Kharge on US deal

February 10, 2026

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New Delhi, Feb 10 (PTI) Congress president Mallikarjun Kharge on Tuesday said the Indo-US interim trade agreement sacrifices India's strategic national interests and exposes the betrayal of the Modi government.

Dubbing the deal as "trapped surrender", Kharge, in a post on X, alleged, "Fine print of the Indo-US trade deal has exposed how PM Modi mortgaged India's national interests." He said the truth of the "trap deal" is now slowly coming out and listed four key objections to the pact.

Citing the issue of Russian oil and strategic autonomy, Kharge said, "We were told that the Indo-US Joint Statement said nothing on Russian oil, even though Mr. Trump publicly tweeted otherwise. Now the White House fact sheet clearly lists 'India's commitment to stop purchasing Russian Federation oil' as a condition for removal of an additional 25 percent tariff." He then asked, "The Modi Government agreed to this erosion of India's sovereignty. Why?" Kharge said the Congress had already exposed the executive order placing India under US monitoring for direct or indirect oil imports.

He alleged that India's farmers had been backstabbed, while claiming that for the first time in India's history, a government had completely opened agriculture to foreign goods.

"Now, we know what 'Additional Products' actually meant in the Indo-US joint statement agreed by Modi Government! 'Pulses' have been silently added in the newly released White House fact sheet on February 9, which was not part of the Indo-US Joint Statement issued on Feb 6, 2026.

"The utility of red sorghum imports to India was mentioned in the Joint Statement, but that utility pertaining to 'animal feed' has now mysteriously vanished in the White House fact sheet of February 9, 2026," he said.

Kharge accused the Union government of "betraying our gau-mata and dairy farmers" and said the trade deal calls for importing food and agricultural products, including dried distillers' grains (DDGs) and red sorghum for animal feed, from the United States.

The leader of opposition in Rajya Sabha claimed that it was well known that if Indian cattle consume American feed, which is largely GM (genetically modified), it will alter the breed of our cattle and the taste of our milk.

Kharge said that full-page ads are being published in newspapers, and Amul is being forced to whitewash this concession.

But the truth is that, he said, the Modi government did not approve GM feed since 2017, and now it suddenly did.

"Two crore dairy farmers will suffer the consequences, but RSS-Sangh Parivar-BJP, who carry out lynchings in the name of the cow, are hell-bent on destroying our country's cattle population," he alleged.

Kharge claimed that the trade deal also stands to hurt the apparel sector. He said that the 18 per cent tariff was no "historic win" and the US-Bangladesh deal reveals it as a "strategic surrender." "By granting Dhaka zero-duty access for using American cotton, Washington has effectively incentivised Bangladesh over Indian farmers to save their own margins," he wrote in his post.

As textile hubs like Tirupur and Surat are shackled by 18 per cent taxes, Bangladesh gains a 0 per cent fast-track, dealing a lethal "double whammy" to Indian cotton and garments alike, the Congress leader said.

"Conclusion: Is this a victory or a PR-wrapped betrayal that sacrifices India's strategic national interests and export engine at the altar of Epstein Files?" Kharge asked. PTI SKC VN VN

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