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    Govt to sell up to 5 pc in BHEL at Rs 254/share; OFS opens Wednesday
    India, EU truly mother of all deals; brings together nearly one-fourth of global economy: Comm Secy
    Rahul did not open Budget discussion to avoid 'engineered disruptions' in LS: Cong sources
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February 10, 2026
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Government sale of BHEL stake via OFS opens at Rs 254/share offering up to 5% including green shoe option.
The government is offering up to 5% of BHEL equity via an offer for sale at a Rs 254 floor price, comprising a 3% base sale plus a 2% green shoe option, with staggered bidding windows for non retail and retail investors and proceeds contingent on full subscription.
February 10, 2026
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India-EU free trade agreement unites markets, enabling seamless goods flow across a two-billion-person common market.
The text reports the conclusion of negotiations for a Free Trade Agreement between India and the European Union, combining markets representing about one quarter of global economic activity and roughly two billion people to create a seamless common market for goods, enhance market access, and facilitate competitive global value chains, with plans to sign and operationalise the agreement within the next year.
February 10, 2026
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Lok Sabha Budget debate resumed after Rahul Gandhi deferred opening to avoid engineered disruptions; Speaker removal notice filed.
Rahul Gandhi declined to open the Lok Sabha Budget debate to avoid engineered disruptions, proposing to speak later; floor leaders met on strategy. The House resumed after adjournments with a Congress MP initiating debate at the Chair's invitation, following submission of a notice for a resolution to remove the Speaker and suspensions of multiple members for the remainder of the Budget session.
February 10, 2026
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Indian Youth Congress protests government silence; over 150 detained and parliamentary quotation of an unpublished memoir disallowed.
Indian Youth Congress protesters alleged government silence on trade transparency, China border security, and references in a retired Army chief's unpublished memoir; during a gherao at Jantar Mantar police barricaded the march toward the Prime Minister's residence and over 150 participants were reported detained, while in Parliament a bid to quote the unpublished memoir was disallowed by the Speaker, triggering heated exchanges and adjournments.
February 10, 2026
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Texmaco reports strong demand visibility with a Rs 5,661cr order book despite quarterly profit decline due to execution delays.
Texmaco recorded a 44% year on year decline in consolidated profit to Rs 42 crore for the quarter, while maintaining an order book of Rs 5,661 crore that supports medium term demand visibility. The company cited wheel availability constraints, export tariff related headwinds, infrastructure execution delays and global supply chain disruptions as causes of lower revenue and EBITDA, and said sustained public investment in railways underpins demand across freight wagons, electrification, EMU coaches and rail subsystems.
February 10, 2026
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Titagarh Rail Systems approved to operate as a wagon leasing company, enabling private ownership and leasing of wagons.
Registration approval authorises Titagarh Rail Systems Ltd to operate as a Wagon Leasing Company, permitting ownership of freight wagons and their leasing under the Wagon Leasing Scheme to increase wagon availability, enhance freight capacity and improve operational efficiency. The company may establish a special purpose vehicle for leasing and must comply with operational, safety, maintenance and other regulatory requirements stipulated by Indian Railways and relevant authorities.
February 10, 2026
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India's CPI rank rises to 91st; report warns attacks on journalists and rollback of democratic checks undermine accountability.
The 2025 Corruption Perceptions Index records limited anti corruption progress overall, with India's score rising one point and its rank improving five places to 91st. The report links weakened oversight to the rollback of democratic checks and balances and growing restrictions on civic space, which undermine transparency and enforcement. It further identifies attacks on journalists as a key factor that obstructs corruption reporting and impedes accountability, noting that countries hostile to investigative journalism are particularly prone to worsening corruption.
February 10, 2026
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Unemployment fell to 6.7% urban and 4.0% rural in Oct-Dec while LFPR and WPR rose, driven by rural and female gains.
Unemployment among persons aged 15 and above fell in October-December 2025: urban UR to 6.7% from 6.9% and rural UR to 4.0% from 4.4%. Employed persons rose from 56.2 crore to 57.4 crore. Self-employment increased to 63.2% in rural areas and 39.7% in urban areas. Rural employment remained concentrated in agriculture (58.5%) and urban employment in the tertiary sector (61.9%). LFPR rose to 55.8% and WPR to 53.1%, with female and rural participation driving gains; estimates follow a revised CWS-based quarterly methodology introduced in January 2025.
February 10, 2026
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Himachal Pradesh will continue the Old Pension Scheme despite central grant withdrawal, funding obligations from state resources.
The state will continue the Old Pension Scheme and welfare initiatives despite the central withdrawal of the Revenue Deficit Grant, mobilising its own resources to avoid subsidy rollbacks, allowance freezes, or migration to the Unified Pension Scheme; the RDG, provided under Article 275(1), is characterised as essential to bridge a roughly Rs 10,000 crore annual revenue-expenditure gap, and the Chief Minister will seek restoration while opposing claims that fiscal stress stems solely from current administration actions.
February 10, 2026
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Wormwood Hotels plans 10-property expansion using leased assets, management contracts and investor funding, targeting an IPO.
Wormwood Hotels plans to reach ten operational properties by end-2027 with about Rs 100 crore capital expenditure. Existing assets operate under a lease model funded by an external investor, while the founder retains brand ownership and runs hotels under management contracts. Land has been acquired for future development, and an initial public offering is targeted once ten properties are operational.
February 10, 2026
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Polavaram project and farm funds: seeks revocation of stop order, Rs1,211 crore release and rail expansions.
Seeks revocation of the stop work order on the Polavaram project, reimbursement for increased canal capacity costs, and full financial assistance for Polavaram Phase II including land acquisition, rehabilitation and embankments, with Phase II funding estimated at about Rs 32,000 crore; requests technical and financial support for a Polavaram-Nallamala Sagar link under national river linking policy. Urges gazette notification of the Vamsadhara Tribunal report, constitution of a Godavari Tribunal, raises objections to upstream dam height increases, and seeks release of Rs 1,211 crore pending under central farm schemes alongside multiple rail infrastructure approvals.
February 10, 2026
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Kerala launches Rakshakavacham accident insurance for private sector workers, Rs. 5 lakh death benefit, Rs. 150 annual contribution.
Kerala's Rakshakavacham is a group personal accident insurance scheme implemented through CHIAK for workers in establishments registered under the Wage Security Scheme. It provides a five lakh rupee immediate assistance payment to families on accidental death, additional to Workmen's Compensation benefits. Coverage targets about 25 lakh workers for an annual contribution of 150 rupees, with enrolment via CHIAK and the Labour Department. Claims require a death certificate, FIR and legal heir certificate, and district officers will verify eligibility and manage disbursement.
February 10, 2026
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Andhra Pradesh requests expanded rail projects, high-speed links, freight corridors and new passenger services, including Vande Bharat proposals.
The Chief Minister requested completion of ongoing rail projects, sanction of new railway lines for Rayalaseema and tribal areas, commencement of the South Coastal Railway Zone, extension of high speed corridors to connect pilgrimage and economic centres, specific high and semi high speed links (Visakhapatnam-Vijayawada; Vijayawada-Kurnool; Tirupati-Chittoor), freight measures including concessional reefer container allocation and proposals for Itarsi-Vijayawada and East Coast freight corridors, and passenger infrastructure such as greenfield mega coaching terminals, a Vande Bharat service via Tirupati, additional stoppages and a coach maintenance terminal.
February 10, 2026
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Union Budget criticised for failing to curb inequality, address unemployment, and for concerns over the India US trade deal.
Opposition MPs criticised the Union Budget for failing to address rising economic inequality and persistent unemployment, warning that unchecked income divergence risks social unrest and arguing the Budget lacks measures for job creation and protecting real incomes. They also challenged the interim India US trade deal, questioning concessions on market access for dairy, the stated tariff narrative, and potential foreign oversight of domestic policy, while urging resolution of central dues to states and targeted support for disadvantaged regions and groups.
February 10, 2026
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Delhi Financial Corporation shut; nine-member committee to wind up operations, realise dues, settle liabilities and manage employee claims.
Winding up of the Delhi Financial Corporation was ordered under Section 45 of the State Financial Corporations Act effective February 6, 2026; all operations, including fresh loan sanctioning, are ceased. A nine-member committee led by the state finance secretary is vested with board powers to take custody of assets and records, realise dues, pursue recoveries, settle statutory liabilities including amounts owed to the government, transfer or dispose of assets, manage employee redeployment and terminal benefits under applicable rules, and handle all pending legal proceedings, with final dissolution to follow upon completion of winding-up.
February 10, 2026
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Andhra Pradesh seeking release of Rs 1,211 crore for agricultural schemes and a Makhana Development Board.
Andhra Pradesh requested central release of Rs 1,211 crore pending under agricultural programmes, specifying Rs 216 crore under the PM PRANAM scheme for Community Managed Natural Farming and chemical-use incentives, Rs 200 crore for coconut cultivation development, Rs 695 crore under Per Drop More Crop, and Rs 100 crore as the Centre's share under the Price Deficiency Payment System for Totapuri mangoes; it also proposed a Makhana Development Board to promote makhana cultivation in the Kolleru Lake region.
February 10, 2026
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Silver fell sharply while gold gained as traders awaited US macro data that could sway Fed policy and bullion volatility.
Silver declined by Rs 7,500 to Rs 2,64,500 per kg while 99.9% gold rose by Rs 2,200 to Rs 1,60,700 per 10 grams, movements attributed to jeweller and investor buying for gold and consolidation pressures for silver; upcoming US retail sales, unemployment, and nonfarm payroll data are expected to influence Federal Reserve policy expectations and near-term bullion volatility.
February 10, 2026
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LaundryMate launches a 4-hour doorstep laundry and dry-cleaning service with 45-minute pickup and sustainability measures.
LaundryMate launched "LaundryMate Sprint" in Gurugram, offering 45-minute pickup and a four-hour turnaround for dry-cleaning, wash & iron, and steam ironing alongside an existing 24-hour service; the expansion is supported by a strategic partnership with Central Linen Park, references prior operational capacity and financing milestones, and highlights sustainability measures including electric last-mile delivery, water recycling, zero plastic packaging, and eco-friendly chemicals.
February 10, 2026
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BlueBurr: a bootstrapped everyday luxury bag brand built through iterative learning, design focus, and support for first gen founders.
The founder leveraged years of hands on commerce, repeated ventures, and iterative failure to establish BlueBurr as a bootstrapped everyday luxury bag brand focused on design led products, authentic storytelling, and organic growth targeting Gen Z. BlueBurr's strategy emphasizes product market fit, functional aesthetics, restrained promotion, and responsible scaling, while KnowVoyage was created to provide practical guidance and capacity building for first generation founders.
February 10, 2026
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UrjaCart simplifies solar adoption by providing financing, subsidy assistance, certified components, and nationwide lifecycle support.
UrjaCart provides a vertically integrated platform that bundles discovery, financing, facilitation of government subsidy schemes, installation, and post-installation services as an authorised distribution partner supplying certified components. It guides customers on subsidy eligibility and documentation, offers 100% guarantees on certified components, optional solar insurance and annual maintenance contracts, and focuses on consumer education to operationalise policy benefits and support scalable solar adoption.

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Ridger Achieves xFusion's FusionXpark™ (NVIDIA GB10-Based) Compatibility Certification, Delivering Industry-Leading Mobility for Practical AI Deployment

February 10, 2026

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The fusion of AI-native storage and computing overcomes the final barrier to enterprise AI adoption, delivering unprecedented mobility, performance, and simplicity for data-sensitive industries. SINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Ridger, the world's pioneering AI-Native storage provider, today announced the successful completion of full compatibility certification between its flagship MIMO storage system and xFusion's FusionXpark™ Portable Agent Development Platform, powered by the NVIDIA GB10 (Grace Blackwell) superchip. This milestone delivers the industry's first truly integrated, portable AI infrastructure solution, effectively turning the promise of private, desktop-scale supercomputing into a practical reality for businesses worldwide. From Data Center Chains to Portable Power: Solving the "Last-Mile" AI Dilemma Global industries bound by strict data governance—including healthcare, legal, financial services, and creative sectors—face a critical challenge: harnessing the power of AI while ensuring data never leaves their secure premises. Traditional approaches force a compromise, tethering powerful AI to immobile, complex, and costly data center infrastructure. This has created a widespread "last-mile" gap, where AI is technically deployable but practically unusable due to logistical and operational burdens. The "Fast, Light, Edge" Alliance: A Complete Stack in a Mobile Form Factor The Ridger-xFusion partnership bridges this gap by uniting two purpose-built, best-of-breed platforms. Ridger MIMO, the cornerstone of AI infrastructure, delivers data center-class performance—400 GB/s bandwidth, 500M IOPS, and near 2PB capacity in a compact chassis—with an architecture fundamentally redesigned for AI workloads. Its native support for GPU storage protocols allows seamless, direct attachment of up to 16 FusionXpark™ units without additional switches. xFusion FusionXpark™ leverages the revolutionary efficiency of the NVIDIA GB10 superchip (TSMC 3nm) to place 1 PFLOPS of FP4 AI computing power on the desktop, coupled with an integrated ecosystem and marketplace for instant deployment of AI agents and applications. Together, they converge into a synergistic, mobile powerhouse that consolidates the entire AI workflow—from data preparation and model training to fine-tuning and real-time inference—into a single, elegantly simple, and highly portable deployment unit. The New Architecture: Redefining Efficiency for Private AI Third-party validated benchmarks and architectural analysis confirm the solution delivers not just incremental gains, but a fundamental shift in private AI infrastructure. The Foundation: Storage That Fully Saturates Compute MIMO's extreme, AI-native bandwidth is architected to fully saturate the dual QSFP interfaces of every FusionXpark™ unit. This ensures zero computational cycles are wasted waiting for data, transforming FusionXpark™'s 1 PFLOPS of FP4 power from a theoretical peak into guaranteed, sustained workload performance. It eliminates the I/O bottleneck at its root, ensuring every investment in compute silicon delivers its maximum return. The System Impact: Unleashing Cluster-Wide Efficiency This foundational data velocity creates a cascade of system-level advantages. With MIMO as a central, ultra-high-bandwidth data nexus, multiple FusionXpark™ nodes operate as a single, cohesive AI supercomputer. The shared storage pool eliminates data silos and replication overhead, enabling dynamic workload orchestration across the entire cluster for both training and inference. The result is a transformative increase in total usable compute output per dollar—maximizing the return on the entire AI investment. The User Experience: Data-Center Performance, Desktop Deployment This immense power is delivered in a form factor engineered for the edge. MIMO is not only compact and devoid of external switch dependencies but also incorporates a near-silent acoustic profile. It brings unprecedented data-center-grade performance directly to where data resides and decisions are made—in labs, offices, or field sites—without the noise, complexity, or infrastructure overhead of traditional equipment, eliminating the traditional trade-offs and fully delivering on the "Light and Edge" promise. Executive Commentary Bruce Xue, Spokesperson of Ridger: "Today marks the end of the 'unusable AI' era for regulated industries. By fusing true AI-native storage with accessible supercomputing, we've eliminated the last excuse for not deploying AI privately. The MIMO-FusionXpark™ solution isn't just another product; it's the first 'AI Appliance' for the edge—delivering cloud-scale performance with uncompromising data sovereignty. We're not just solving a storage problem; we're unlocking a trillion dollars of trapped data value." Vandia Yang, Spokesperson of xFusion: "The future of AI isn't in the cloud; it's wherever your data lives. Our partnership with Ridger crystallizes this vision. Together, we've built what was previously impossible: a sovereign AI supercomputer that fits under a desk. This certification proves that performance and privacy are no longer a trade-off. We are giving every research lab, every hospital, every financial firm the keys to their own intelligence revolution." Path to Deployment and Strategic Vision The certified MIMO-FusionXpark™ integrated solution is available for order now through Ridger's official website and authorized partners, with shipments commencing at the end of February 2026. This partnership, anchored by the NVIDIA GB10 platform, delivers a definitive blueprint for the future of private AI: a practical, closed-loop ecosystem of compute, storage, and intelligence that is as portable as it is powerful. Ridger remains committed to advancing this "Fast, Light, Edge" paradigm through continued R&D and ecosystem collaboration, driving the next wave of secure and sovereign AI adoption that is liberated from fixed infrastructure. About Ridger Ridger is defining the future of data infrastructure as the world's first AI-Native storage provider. Its flagship product, MIMO, is built on a ground-up architecture designed to unlock the full potential of AI and accelerated computing, prioritizing unparalleled speed, density, and edge readiness. Learn more at https://ridger.tech. About xFusion xFusion is a leading provider of computing infrastructure solutions. Its FusionXpark™ is a portable Agent Development Platform built on the NVIDIA GB10 superchip, bringing datacenter-scale AI performance to the edge and private environments. With its integrated AI agent marketplace and development tools, FusionXpark™ simplifies and accelerates the deployment of enterprise AI applications. Learn more at https://www.xfusion.com/en/product/fusionxpark?utm_source=homepage. (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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