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    Draft Income Tax Rules raises threshold for quoting PAN for cash deposits, car purchase, others
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February 9, 2026
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PAN quoting thresholds raised: mandatory PAN for large cash transactions, vehicle, hotel and property purchases and insurance onboarding.
Draft Income Tax Rules 2026 require PAN for cash deposits/withdrawals aggregating Rs 10 lakh in a year, motor vehicle purchases over Rs 5 lakh (including motorcycles), hotel/event payments over Rs 1 lakh, and immovable property transactions over Rs 20 lakh; PAN will also be required to open account-based relationships with insurance companies.
February 9, 2026
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AuthBridge and Vibrium AI partner to build AI driven conversational verification and cognitive models for faster, more accurate digital trust solutions.
AuthBridge and Vibrium AI will co develop AI powered conversational interfaces and cognitive verification models that integrate generative and cognitive AI into verification infrastructure to improve automation, verification accuracy, real time intelligence, and scalability for secure, enterprise grade digital verification and due diligence.
February 9, 2026
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Frontier Nagaland Territorial Authority enables local decision-making through administrative autonomy and devolved subjects for development.
The Frontier Nagaland Territorial Authority agreement grants administrative autonomy to six eastern districts by devolving 46 subjects to the Authority, establishing a dedicated secretariat, and providing a separate Centre-funded annual budget to enable local decision-making and faster execution of development programmes, aimed at fostering peace, stability, infrastructure, investment, tourism, and employment.
February 9, 2026
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Satellite internet partnership to provide high-speed connectivity to remote and underserved areas under a pilot public-private LoI.
A government entity and a private satellite operator executed a Letter of Intent to run a pilot providing high speed satellite internet to remote, border and underserved areas, connecting CSCs, e governance facilities, schools, PHCs, disaster management rooms, police outposts, ports and industrial parks. A Joint Working Group of both parties will coordinate implementation, capacity building and training, with sectoral focus on education, healthcare, security, maritime operations, highway safety and industrial connectivity to support digital inclusion where terrestrial infrastructure is limited.
February 9, 2026
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Union budget cuts to capital expenditure and rural allocations worsen investment shortfalls and hinder growth momentum.
The budget reduces capital expenditure for both Centre and state-advance-funded projects during a period of weak public, private and foreign investment, contributing to lower gross fixed capital formation and slower nominal growth. The budget's fiscal consolidation path is criticised as slow under the FRBM framework and dependent on one-off central bank transfers and expenditure cuts. The document further identifies notable sectoral reductions-agriculture, rural development, state grants and targeted scheme outlays-that are said to undermine rural infrastructure, manufacturing capacity and employment initiatives.
February 9, 2026
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Bhima Jewellery opens Noida showroom offering 22 carat, 100% BIS certified jewellery and expanded pan India retail presence.
Bhima Jewellery opened a new Noida showroom (P17, Sector 18) as part of pan India expansion, offering 22 carat gold, 100% BIS certified products, transparent pricing, and a modern retail experience. The launch reflects a strategy of responsible geographic growth, omnichannel development, and maintaining legacy commitments to purity, craftsmanship, ethical business practices, and consistent quality controls across product categories.
February 9, 2026
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Crypto market plunges into extreme fear as traders rotate into DeepSnitch AI presale for on chain risk monitoring and bonuses.
Market sentiment has plunged into "extreme fear" after Bitcoin and major altcoins fell sharply, prompting capital rotation toward DeepSnitch AI, an AI-driven platform offering live agents that monitor market movement, sentiment, and on-chain risk. AuditSnitch provides instant smart-contract scans with simple verdicts, and the project is in a rising presale stage with promotional bonus codes increasing token allocations; the article pairs this promotional presale narrative with a standard high-risk trading disclaimer.
February 9, 2026
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Domicile certificate applications at KMC surge amid electoral roll revision, prompting centralized verification and expedited issuance to assist voters.
KMC received 18,605 domicile certificate applications during the SIR exercise; 18,482 were forwarded for police field verification, yielding 16,555 enquiry reports, 14,590 certificates issued and 1,287 rejections. A centralised mechanism routes borough applications to KMC headquarters and the sector collector for police checks, with final approval by a WBCS-rank officer and borough-level issuance. Dedicated counters and guidance on documents such as Aadhaar and rent receipts were issued to expedite processing for voters under electoral roll revision.
February 9, 2026
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TMC appeals to Speaker to revoke suspension of eight MPs and restore parliamentary balance and opposition speaking time.
Trinamool Congress has formally appealed to the Lok Sabha Speaker to review and withdraw the suspension of eight opposition MPs, seeking restoration of parliamentary balance and adequate time for opposition participation so the House can function.
February 9, 2026
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TCG CREST launches School of Health, Environment & Sustainability Studies, offering PhD, postgraduate and professional health programmes from August.
TCG CREST established a School of Health, Environment & Sustainability Studies to launch PhD and postgraduate programmes in Health Data Science, Public Health, and Health and Environment Sciences from August, with integrated postgraduate-PhD pathways phased in during 2026-27 and 2027-28, and professional diplomas and short courses (including a Diploma in Critical Care Technology and a Postgraduate Diploma in Healthcare Management) beginning April 2026.
February 9, 2026
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Design IncrediBowl launches a multi-city bowling tournament for architects and designers with Auction Nights and city finals.
VOX partnered with Tangent Networking Services to support Design IncrediBowl, a 2026-2027 multi-city bowling initiative for principal architects and designers that uses city-level Auction Nights for brand bidding on teams, followed by practice sessions, mini-tournaments and a main multi-day city tournament to promote experiential networking and sustained industry engagement.
February 9, 2026
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Lok Sabha Speaker removal resolution proposed over disallowing opposition speech and suspension of opposition MPs.
Opposition parties are preparing a resolution under the constitutional removal mechanism to remove the Lok Sabha Speaker for disallowing the Leader of the Opposition from speaking on the Motion of Thanks, suspending eight opposition MPs, and failing to act on alleged unsubstantiated charges against women MPs. Over 100 MPs have signed the notice, parties have met the Speaker seeking revocation of suspensions and permission for debate, and a final decision on giving the notice will be taken imminently.
February 9, 2026
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Shravan Gupta blends PropTech and sustainability to redefine urban living and modern real estate development.
Shravan Gupta positions adaptability as MGF Group's core strategy, transforming projects from ownership models into flexible, shared, and sustainable living solutions while integrating PropTech, AI, and data analytics across project management and smart-home infrastructure to enhance customer experience and operational efficiency, underpinned by foresight-driven leadership that emphasises inclusive growth, trust, quality, and sustainability.
February 9, 2026
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Ramky Infrastructure reports steady Q3 performance with 25% EBITDA margin, INR 780m PAT and balance-sheet discipline.
Ramky Infrastructure's Q3 FY26 results show total income of INR 5,507 million, with revenue from operations of INR 4,889 million and other income of INR 618 million. EBITDA was INR 1,377 million (25% margin), PBT INR 1,054 million (19% margin) and PAT INR 780 million (14% margin). Sequential revenue rose by INR 173 million and EBITDA moved marginally; year on year revenue and EBITDA improved, reflecting disciplined execution, selective project intake, working capital management, and a focus on long tenure O&M and margin sustainability.
February 9, 2026
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India-US trade deal driving tariff certainty boosts markets, lifting major indices and prompting broad sectoral buying.
An interim India-US trade agreement signaling tariff reductions and deeper economic cooperation spurred broad investor buying, lifting Sensex to about 84,066 and Nifty to about 25,867. Gains were led by PSU banks, consumer durables, realty and commodities, supported by foreign institutional investor inflows and expectations of demand revival, showing how reduced tariff uncertainty drove sectoral accumulation and improved risk appetite across midcap and smallcap segments.
February 9, 2026
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Ecolab India certified as 2026 Top Employer, highlighting people centric HR practices, safety leadership, and talent development.
Ecolab India received 2026 Top Employer certification after a comprehensive HR Best Practices Survey assessing six core domains and 20 people practice areas, including People Strategy, Work Environment, Talent Acquisition, Learning & Development, Well being, and Diversity & Inclusion. The certification reflects Ecolab's people centric culture, safety focus, and an integrated India ecosystem of operations, GBS+ and a Digital Center designed to develop future ready roles and position India as a strategic talent hub.
February 9, 2026
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Advanced Technical Training Centre of Excellence in Kuppam prepares local youth for industry 4.0 roles through CSR-led skilling.
Phillips Education and Hindalco Industries launched an Advanced Technical Training Centre of Excellence in Kuppam as a CSR/ESG-supported partnership to deliver employer-owned, outcome-focused Industry 4.0 skilling. The CoE provides industry-aligned curriculum and practical training-including CNC machining, robotics, additive manufacturing, precision manufacturing and AI-enabled learning-aimed at preparing local youth for manufacturing and technology-driven roles and bridging vocational education with contemporary industrial demand.
February 9, 2026
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India International Coffee Festival showcases farm-to-cup innovation and connects growers, roasters, exporters and consumers and hosts national championships.
The India International Coffee Festival is a three-day industry forum convening growers, processors, exporters, roasters, equipment makers, cafe brands, baristas and consumers to promote collaboration, knowledge exchange, innovation and market access under a farm-to-cup framework through tastings, workshops and cupping sessions that showcase regional profiles, processing techniques, roasting and brewing to encourage traceability and best practices; the edition also hosts National Coffee Championships selecting representatives for international competition.
February 9, 2026
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cult Fitness Carnival: an inclusive fitness festival with workshops, a championship, celebrity-led sessions and interactive zones.
Launch of the cult Fitness Carnival as a large-scale, community-focused fitness festival offering inclusive, multi-format physical activity experiences designed to broaden public participation in everyday movement, featuring workshops, a fitness championship, panel discussions, interactive brand zones and celebrity-led sessions to engage attendees across age groups and fitness levels.
February 9, 2026
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The Swali Craft Prize names Natasha Preenja inaugural winner; award includes grant and fully funded craft residency.
The Swali Craft Prize names Natasha Preenja as its inaugural winner for The Lotus Headed (2026). The award confers a grant of INR 11,00,000 and a fully funded residency at the Chanakya School of Craft, facilitating mentorship, research, and collaborative engagement with master artisans. Selection prioritised technical mastery, conceptual depth, cultural significance, and artistic innovation. The Lotus Headed was realised through close collaboration with Chanakya artisans, combining Etikopakka hand-carved wooden elements, multiple embroidery strata in jute and cotton, and a concealed steel framework to articulate collective authorship and living artisanal knowledge.

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India’s Emerging AI Leader: Inside the Vision of Atomesus AI

February 10, 2026

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New Delhi [India], February 10: Artificial intelligence is rapidly becoming the foundational infrastructure of the global economy — reshaping how people learn, work, create, and make decisions. Over the next decade, intelligence will not be a feature inside software; it will become the software layer itself. Yet one reality remains clear: access to advanced AI is still uneven, expensive, and often designed without the needs of emerging markets in mind.

Atomesus AI was founded on a simple conviction — the next defining AI platform should not merely serve India; it should be built from India and scale to the world.

We are building a category-defining intelligence platform designed to make advanced AI accessible, deeply useful, and economically scalable for hundreds of millions of people.

Not as a tool.

As infrastructure.

Why Now Every major technological shift creates a platform moment — a narrow window in which new leaders emerge while incumbents attempt to adapt.

AI represents one of the largest platform shifts since the internet.

India sits at the center of this transformation: • Over 250 million students • One of the world’s youngest digital populations • Rapid technology adoption curves • Expanding entrepreneurial and creator economies When intelligence becomes affordable and frictionless, adoption does not grow linearly — it compounds.

The next global AI leader will not be defined solely by enterprise penetration, but by mass participation.

Atomesus is engineered for that scale.

Early Market Signals From launch, adoption has validated the magnitude of this opportunity.

• 150,000+ platform visitors within the first week • 4,000 active users across 12+ countries • Revenue activated within days • Strong repeat usage indicating durable engagement This growth has been largely organic, reflecting product pull rather than acquisition pressure.

We view these signals not as milestones, but as early indicators of a much larger behavioural shift — individuals increasingly relying on AI as a daily cognitive partner.

What We Are Building Atomesus AI is evolving into a full-stack intelligence platform powering: • Research and learning acceleration • High-quality content creation • Structured thinking and analysis • Workflow planning • Everyday decision support Our objective is straightforward: compress hours into minutes and elevate the quality of human output at scale.

We optimize relentlessly for productivity per rupee — because the platforms that win globally are not always the most powerful, but the most economically efficient.

Affordability is not a pricing tactic.

It is a distribution strategy.

Defining the Category Atomesus is positioning itself as the intelligence layer for high-growth populations — beginning with India and expanding across emerging markets where hundreds of millions of future knowledge workers are coming online.

Our expansion follows a deliberate path: Students → Workforce → Businesses → Developers → Ecosystem By establishing early relationships with the world’s largest student population, we are building lifetime platform affinity that naturally extends into professional environments.

Few platform strategies offer this level of compounding network potential.

Architecture and Strategic Control Atomesus currently operates on a hybrid AI architecture while accelerating development of proprietary systems across core intelligence layers.

The objective is clear: evolve toward deep technological independence while maintaining execution velocity.

This transition is expected to: • Increase innovation speed • Expand margin potential • Strengthen platform defensibility • Enhance long-term strategic control Independence, for us, is not philosophical — it is structural.

The companies that define eras are those that own their most critical technology.

Structural Advantages Several durable tailwinds support our trajectory: India-First Design Built around local economic realities, linguistic diversity, and mobile-first behaviour patterns.

Trust and Data Alignment As AI becomes essential infrastructure, alignment with national privacy expectations strengthens long-term resilience.

Local Language Intelligence The next billion AI users will not operate primarily in English.

Execution Velocity We prioritize rapid iteration, shipping practical intelligence that integrates seamlessly into real workflows.

Distribution Through Accessibility When intelligence becomes universally reachable, scale follows naturally.

Business Model Atomesus operates on a freemium subscription framework designed to maximize adoption while generating predictable recurring revenue.

As proprietary capabilities expand — including in-house image generation — we expect meaningful improvements in cost structure and operating leverage.

Our approach Favors durability over short-lived growth, aligning platform expansion with long-term value creation.

Additionally, official recognition under Government of India startup initiatives supports sustainable financial scaling as we expand infrastructure and talent.

The Road Ahead We are raising a $2M seed round to accelerate three strategic priorities: • Advanced AI research and proprietary model development • Expansion across high-growth user segments • Scaling engineering and product capabilities With this foundation, our path is directed toward reaching 10 million active users while establishing Atomesus as a defining intelligence platform of the coming decade.

Our ambition is not incremental.

We are building for global relevance.

Our Philosophy Atomesus is grounded in a long-term belief: AI should not replace human capability — it should expand it.

History shows that when transformative technology becomes accessible, entire economies accelerate. India has demonstrated this repeatedly, from digital payments to mobile internet adoption.

Intelligence is the next layer.

The future will Favor platforms capable of combining scale, affordability, and deep technological ownership.

We are building Atomesus with patience, discipline, and conviction — focused not on short cycles, but on enduring impact.

Because the future of intelligence will be shaped by those willing to build it.

(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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