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    Lodha Developers ex-director remanded to ED custody till Feb 20 in money laundering case
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    Spectrum allocated to telcos not asset, can't be subjected to insolvency process: SC
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February 13, 2026
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Lodha Developers ex-director accused of laundering over Rs 85 crore using front entities, forged MOUs and benami land deals.
Allegations state a former director exceeded limited authority to orchestrate unauthorized transactions that generated, concealed and laundered proceeds of crime exceeding Rs 85 crore by using front entities, benami arrangements, forged MOUs, diversion of company funds through controlled entities, cash withdrawals, undervalued alienation of company land and Transferable Development Rights, and fraudulent allotment of residential units to benefit associates.
February 13, 2026
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Rupee falls to 90.66 as forex reserves decline and a new CPI series is introduced, weighing on markets.
The rupee weakened to 90.66 per US dollar amid a firmer dollar, weak domestic equities, and foreign institutional investor outflows, while RBI data showed a notable weekly decline in forex reserves. Authorities introduced a new Consumer Price Index series with expanded coverage and re-weighted constituents to better inform monetary and fiscal policy.
February 13, 2026
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Supreme Court updates: spectrum ruled non IBC asset; Himachal local polls deadline extended; directions on probes and enforcement.
The Court extended the Himachal Pradesh deadline for local body elections to May 31, required an investigative agency to file a status report on multiple FIRs arising from ethnic violence, ordered a rusticated minor be permitted to sit Class 10 exams with the examination council issuing an admit card, signalled that substantial security may be required in enforcement of a foreign civil judgment if contested, and held that telecom spectrum allocations are not assets subject to proceedings under the Insolvency and Bankruptcy Code.
February 13, 2026
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Spectrum allocated to telecom providers is not an IBC asset; licensing rights do not create proprietary title for insolvency.
Spectrum allocated to telecom service providers is not susceptible to IBC proceedings because the Union retains ownership and the telecommunications statutes and regulatory framework govern administration, use, transfer, and licensing; recognition of spectrum licensing rights as an intangible asset in financial statements does not create proprietary title, and absent transfer of title such licensing rights are not part of the insolvency asset pool.
February 13, 2026
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Priority sector lending potential estimated at Rs 4.88 lakh crore for FY27, with major allocations to agriculture and MSMEs.
NABARD's State Focus Paper projects a priority sector credit potential of Rs 4.88 lakh crore for FY27, allocating Rs 2.24 lakh crore to agriculture and allied activities and Rs 2.27 lakh crore to MSMEs, with block level sub sector estimates to inform the annual credit plan and align financial institutions with development priorities.
February 13, 2026
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Andaman bank fraud: Enforcement Directorate attaches Rs 200 crore in properties under PMLA, linking assets to shell companies.
The Enforcement Directorate, by a provisional order under the Prevention of Money Laundering Act, attached 51 immovable properties worth Rs 200.02 crore allegedly derived from a Rs 500 crore fraud at the Andaman and Nicobar State Cooperative Bank; assets are held in names of accused persons, relatives, associates and controlled firms. The ED alleges use of 23 shell companies, dummy directors and powers of attorney to conceal consideration and that over 100 high-value loans were sanctioned in violation of NABARD, RBI and internal bank directives; a chargesheet against 39 entities was filed in November 2025.
February 13, 2026
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Startup India expands funding, tax reliefs and compliance relaxations to boost venture financing, ESOP flexibility and GST ease.
Startup India recognises over 2.07 lakh startups and deploys three principal funding mechanisms-Fund of Funds for Startups (FFS) via SIDBI backed AIFs (Rs. 25,547.98 crore invested), Startup India Seed Fund Scheme (SISFS) providing grants/convertible/debt through incubators (Rs. 590.93 crore approved), and a Credit Guarantee Scheme for Startups (CGSS) guaranteeing loans (circa Rs. 808.18 crore). Concurrent regulatory and tax easements include profit linked tax deductions, ESOP TDS deferral, carry forward/set off relaxations, GST procedural reforms (simplified registration, QRMP, provisional refunds, interest/penalty waivers, reduced pre deposits) and Companies Act compliance relaxations (optional cash flow, deposit exemptions, reduced board meeting frequency, ESOP and convertible note flexibilities).
February 13, 2026
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Greenfield industrial cities: SPVs formed for 12 projects, EPCs appointed for nine, environment clearances for eleven.
All twelve greenfield industrial city projects have incorporated Special Purpose Vehicles; equity released to nine SPVs; Programme Managers for New Cities appointed for nine projects; EPC contractors appointed for nine projects with one additional contractor finalised; eight EPC contracts had been awarded for internal trunk infrastructure as of January 2026 with one further award thereafter; environment clearances secured for eleven projects and foundation stones laid at two projects.
February 13, 2026
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Lead Bank Scheme draft revises governance, roles, and committee structures; public comments invited by March 6, 2026.
Draft circular revising the Lead Bank Scheme aims to refine Scheme objectives, clarify governance by specifying structure, membership and agenda of fora, and delineate roles and responsibilities of key functionaries. It also proposes measures to strengthen the State Level Bankers' Committee and Lead District Manager offices. Public comments are invited by email using a prescribed subject line within the stated deadline.
February 13, 2026
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RBI draft directions on loan recovery require fair treatment, due diligence, training, and codes for recovery agents.
The Reserve Bank of India has issued draft Amendment Directions extending responsible business conduct requirements on loan recovery and engagement of recovery agents to all regulated entities, specifying safeguards on fair treatment of borrowers, conduct of lender employees and agents, due diligence, training, and a code of conduct for recovery agents, and inviting public comments through prescribed channels.
February 13, 2026
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India's forex reserves fell $6.7bn to $717.06bn; foreign currency assets rose while gold and SDRs declined.
India's foreign exchange reserves fell USD 6.711 billion to USD 717.064 billion for the week ended February 6. Foreign currency assets increased by USD 7.661 billion to USD 570.053 billion, gold reserves dropped by USD 14.208 billion to USD 123.476 billion, SDRs declined by USD 132 million to USD 18.821 billion, and the reserve position with the IMF fell by USD 32 million to USD 4.715 billion.
February 13, 2026
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Gold and silver ETFs see increased investor flows as platforms use open ONDC infrastructure to offer SEBI-regulated products.
Record transaction volumes in gold and silver ETFs reflect investor shifts from physical holdings to SEBI-regulated products; Stable Money's early integration with the Open Network for Digital Commerce enables distribution of regulated mutual funds and ETFs via an open, interoperable infrastructure, increasing reach without closed ecosystems and concentrating mutual fund transactions on the network.
February 13, 2026
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Electoral trusts disbursed Rs 3,826 crore in FY25, with one party receiving 82.5%-report calls for greater transparency.
Electoral trusts received Rs 3,826.34 crore in FY2024-25 and disbursed Rs 3,826.35 crore, with one party receiving 82.52% of distributed funds; ten of twenty trusts reported receipts, five trusts' reports were unavailable, and instances of nil reporting and accounting anomalies were noted. The report identified concentration among top donors and sectors, significant undisclosed donor addresses, and called for enhanced transparency and enforcement under the Electoral Trusts Scheme, 2013.
February 13, 2026
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Wheat and sugar exports authorised with pro-rata quotas for mills and a 70% export fulfilment condition by June 30, 2026.
The government authorised export of 25 lakh tonnes of wheat and an additional 5 lakh tonnes each of wheat products and sugar to manage domestic supply and prices, relying on current private-stock estimates and projected central-pool availability. Additional sugar exports will be allocated on a pro-rata basis to willing mills that declare willingness within 15 days and must export at least 70% of their allocation by June 30, 2026; allocated quotas are non-transferable.
February 13, 2026
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National Productivity Week highlights MSME cluster productivity, Industry 4.0 readiness assessment, and proposed productivity rating systems.
NPC advanced cluster-based strategies to boost MSME competitiveness and global integration, advocating shared infrastructure and knowledge exchange. It proposed an Industry 4.0 Readiness Assessment Framework, an Indian Productivity Rating System, a 5S Assessment Framework for export readiness, sector-specific benchmarks, and a Learning & Development Centre to embed productivity tools. Energy efficiency, sustainable production, youth engagement, and international collaboration were presented as complementary measures to translate productivity gains into cost efficiency and competitiveness.
February 13, 2026
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Technology sector urged to pursue trillion-dollar ambition by 2035 with tax incentives, clean energy and AI focus.
The minister urged the technology sector to pursue a trillion-dollar ambition by 2035 through applied AI, a 10 GW data centre capacity target by 2030, and strengthened clean energy integration, backed by income tax benefits for qualifying investments through 2047 to boost FDI, jobs and the data centre ecosystem, while emphasizing cybersecurity, data integrity, AI education, industry-led engagement with government facilitation, and coordinated action with states to streamline approvals and electricity access.
February 13, 2026
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Customs reforms introduce trust-based governance and an integrated digital ecosystem to simplify clearances and aid trade.
Reforms introduced in the Union Budget 2026-27 emphasise trust-based governance, simplification of customs procedures, and implementation through staff sensitisation across Mumbai Customs operations; a single integrated digital ecosystem connecting export-import stakeholders and participating agencies is being pursued to accelerate clearances, strengthen business planning, and improve ease of doing business, with FAQs released for public facilitation and ongoing stakeholder consultations to address industry queries.
February 13, 2026
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Low voltage motor business acquisition approved; Innomotics to acquire Siemens' unit in India through a slump sale.
The Competition Commission of India approved a proposed combination for the slump sale of the low voltage motor business of Siemens Limited to Innomotics India Private Limited. The Target Business sells low voltage motors for industrial applications in India and exports under an outsourced manufacturing model. Innomotics, part of KPS Capital Partners, is an industrial motors manufacturer supplying high and medium voltage motors and large drive systems to sectors including oil and gas, metals, cement, power and marine. A detailed order will follow.
February 13, 2026
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Acquisition of ~6.63% stake in Valuedrive by Fidelity Funds via CCPS subscription and secondary purchase.
The proposed transaction involves acquisition of approximately 6.63% minority shareholding in Valuedrive Technologies Private Limited by Fidelity group investment funds through a mix of primary subscription and secondary acquisition of compulsory convertible preference shares, with Fidelity Funds acting as diversified investment vehicles. Valuedrive is an operating-cum-holding company in the Spinny Group operating an electronic wholesale motor-vehicle platform and owning subsidiaries in lending, insurance broking, automotive publishing/events, and ancillary services.
February 13, 2026
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Amundi ICG proposed combination approved: Acquirer to buy 4.64% voting shares, nominate a director and subscribe to non voting instruments.
CCI approved Amundi's acquisition of 4.64% voting share capital of ICG via on-market purchases, a right to nominate a director, and subsequent subscription to non voting instruments up to 5.26% of ICG's capital. The Acquirer lacks direct Indian operations but is indirectly present through a minority joint venture that offers asset management services in India. The Target operates globally as an alternative asset manager across structured capital, private equity, real assets, private debt, and credit markets.

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Next Crypto to Explode in 2026 Could Be AXS or BNKR, but for DeepSnitch AI, the Crypto Explosion Isn’t a Question of ‘If’ but of ‘When’ and ‘How Much’

February 10, 2026

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For years, there has been considerable discussion on the so-called “quantum threat” to crypto. The fear is that quantum computing, with its exponential deciphering capacity, would be able to successfully attack blockchain ledgers. So far, this threat has been mostly theoretical. That doesn’t mean that the next crypto to explode this year will be oblivious to this possibility. The reason is that now, more than ever, technology is a big factor for a coin’s success in the market. In this regard, due to its highly sophisticated AI technology, DeepSnitch AI is increasingly considered the next 300x explosion for 2026.

Quantum threat isn’t as serious as many fear Something that has become clear in the last few years is that hype and speculation alone can’t make a coin skyrocket anymore. Any coin aiming to be the next crypto to explode has to show a technological edge of some sort.

Some coins have, with some success, tried to ground this edge on being quantum resistant (a relatively recent case is QUBIC, which back in 2024 spiked 5x in less than a month).

However, as noted in an analysis published in CoinDesk on Feb. 9, breaking bitcoin’s cryptography would require fault-tolerant quantum computers about 100,000 times more powerful than those of today. This means that, while the quantum threat isn’t just a theoretical exercise, it is still far from generating a crisis in the short- or even medium-term.

Parts of the IBM Quantum System Two at IBM Thomas J. Watson Research Center. (© Forbes).

It seems that the next crypto to explode will be a coin with a solid technology stack and a sound business model, rather than a quantum-resistant one (though those can’t be fully discarded).

In any event, here are some coins ready to rally this year.

Coins with explosive potential for 2026 1. DeepSnitch AI (DSNT) Solid technology stack and sound business model. It is difficult, if not impossible, to find an upcoming crypto (perhaps even established cryptos) that would beat DeepSnitch AI in those dimensions. That is why many aren’t asking themselves if DeepSnitch AI is the next crypto to explode, but rather when and how much it will.

The project is developing a system of AI agents that transform crypto data into market intelligence that is available to anyone, anywhere in the world. Most of the agents are already operating within a closed environment, consuming and analyzing real data. The result will be a guidance tool that can radically improve investing for more than half a billion crypto holders worldwide.

Given its unmatched potential, DeepSnitch AI’s presale has gone at a breathtaking speed. In just 5 stages (out of 15), more than $1.5 million has been raised. And because the entry price is still only $0.03906, the upside is really huge.

Moreover, the team is giving several bonuses according to the amount of DSNTs purchased, beginning with a 30% bonus for a $2,000 investment. While this bonus might seem small initially, it would turn a 74x price increase into 100x returns.

In any case, those willing to benefit from one of the most breakout crypto projects of the year need to hurry up. Taking part in the presale right now is critical.

https://youtu.be/HA0A7ejDY1I?si=ufABbUcx43uhtpMl 2. Axie Infinity (AXS) Given Axie Infinity’s remarkable history, for a long time, crypto investors have been waiting for a comeback. This comeback seemed to happen in January, when AXS more than tripled from $0.8 to $2.9, but this momentum was deflated by the slump that affected the whole crypto market in the first week of February.

However, on Feb. 9, AXS started the week with a 25% jump in a matter of hours, giving signs of renewed momentum, and of potentially becoming the next crypto to explode 5x or even 10x.

Regardless of what happens in the short-term, the massive user pool of Axie Infinity’s play-to-earn gaming protocol is a reason why many still see it as the next big cryptocurrency.

3. BankrCoin (BNKR) BNKR’s performance between Feb. 6-9 has made more than one wonder if BankrCoin is the next crypto to explode. The coin spiked from $0.0337225 to $0.039698, a 160% jump in only 3 days.

As a crypto powering an AI agent focused on simplifying the process of buying and selling digital assets, BankrCoin has been welcomed by investors who remain highly enthusiastic about AI agents' role in the crypto space.

Conclusion Finding the next crypto to explode is about assessing solid tech and a sound business model, and the clear leader in both dimensions is DeepSnitch AI.

But those aiming for a crypto eruption of 100x, 300x, or even more, need to buy now in the presale and take advantage of the bonuses: 30% code: DSNTVIP30, 50% code: DSNTVIP50, 150% code: DSNTVIP150, 300% code: DSNTVIP300.

Visit the official website to buy into the DeepSnitch AI presale now, and visit X and Telegram for the latest community updates.

FAQs What is a bullish scenario for AXS in February? Excluding another crypto slump, Axie Infinity should reclaim the $3 mark that it almost reached in January. Later, AXS might become the next crypto to explode 5x, perhaps before the second half of this year. In stark contrast, even a baseline scenario sees DeepSnitch AI spiking 100x this year.

Could DeepSnitch AI equal Axie Infinity’s record 2.8 million active users? Not only it could, that’s a very likely scenario to happen this same year. DeepSnitch AI has a much bigger target market than Axie Infinity, and a product that is way more sophisticated.

What’s the expected DSNT price when DeepSnitch AI reaches 2.8 million users? Hold on to your seat… At that adoption level, the estimated price is $13.50, equivalent to more than 345x its current presale entry price.

Tags: DeepSnitch AI,Crypto,Crypto AI Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

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

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