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    Kanpur Lamborghini crash adds to long list of luxury car accidents in India
    Rupee falls 1 paisa to close at 90.66 against US dollar
    ED constitutes SIT to probe multiple cases against Anil Dhirubhai Ambani Group
    RBI amends MSME lending directions, increases collateral-free loan limit to Rs 20 lakh
    AAP's Raghav Chadha demands LTCG tax be abolished, inflation-linked wage hike for all
    Discontinuation of RDG may force Himachal to roll back subsidies, freeze DA/DR arrears
    Torres fraud: Mumbai court denies bail to Ukrainian actor citing flight risk
    Lamborghini crash in Kanpur: Tobacco baron's son to undergo medical exam, no arrests yet
    Over 47 lakh members getting less than Rs 9,000 monthly pension under EPS-95: Labour Min
    ED seizes crypto currency worth Rs 10 lakh in raids against fake Ahmedabad call centre
    India prioritises energy security through supply diversification: Foreign Secretary Misri amid US claim
    Commerce minister Goyal to meet exporters, industry associations on Feb 11
    SUPREME COURT HIGHLIGHTS
    Opposition likely to give notice for resolution to remove LS Speaker Birla from office
    Delhi Police files FIR over circulation of ex-chief of Army staff Narvane's unpublished book
    Bank can extend collateral free loan up to Rs 25 lakh to MSEs with good track record
    Pakistan will invest USD 1 bn in AI by 2030: PM Shehbaz
    India offers quota-based auto duty cuts, tariff reduction on alcohol under US trade pact
    Rahul indulging in systematic disruption of parliamentary proceedings: BJP
    National interest will be guiding factor: Foreign Secretary Misri on India's energy procurement
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February 9, 2026
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Luxury car crashes causing injuries and deaths highlight overspeeding, drunk driving, and charges from rash driving to culpable homicide.
A pattern of high speed luxury car collisions in India has produced injuries and deaths, prompting police arrests, FIRs, vehicle seizures and charges ranging from rash and negligent driving to culpable homicide; contributory factors cited include overspeeding, drunk driving, seat belt noncompliance and incidents involving drivers linked to affluent families, with at least one case raising juvenile trial issues and widespread public outrage over perceived impunity.
February 9, 2026
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Rupee volatility driven by importer dollar demand and an India-US interim trade framework reducing bilateral import duties.
Rupee volatility reflected competing forces-equity gains and foreign inflows versus risk-off sentiment and importer-driven dollar demand-set against an India-US interim trade framework reducing bilateral import duties and signalling large Indian purchases of US goods, with broader context from reserve gains, equity inflows, and commodity price movements.
February 9, 2026
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Anil Ambani Group alleged Rs 40,000 crore banking and corporate fraud is being probed under money laundering provisions.
A specialised investigative team has been constituted to probe alleged Rs 40,000 crore banking and corporate fraud by the Anil Dhirubhai Ambani Group under the Prevention of Money Laundering Act, with authority to file additional Enforcement Case Information Reports, examine alleged diversion of public funds and dubious financial transactions, and pursue asset attachment and restitution arising from suspected collusion, connivance and conspiracy among company executives.
February 9, 2026
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MSME lending: collateral-free loan limit raised to Rs 20 lakh; banks may extend to Rs 25 lakh under internal policy.
RBI amended the Master Direction on MSME lending to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, mandating banks not accept collateral for loans up to that amount and advising the same limit for PMEGP units. Banks may, under internal policy and based on borrowers' track record and financial position, dispense with collateral up to Rs 25 lakh and may use Credit Guarantee Scheme cover where applicable; voluntarily pledged gold and silver within the threshold will not breach the mandate. The amendments aim to strengthen last mile credit delivery and align MSME lending with other regulatory changes.
February 9, 2026
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LTCG tax abolition proposed for individual investors and a statutory inflation-linked wage adjustment urged.
Demand to abolish Long-Term Capital Gains tax for individual equity investors, arguing that pairing an elevated Securities Transaction Tax with LTCG disincentivises retail investment and that LTCG should be nil when STT is raised; also urging a statutory, inflation-linked wage adjustment formula for corporate, factory and gig workers, alongside proposals to address foreign portfolio investor outflows, increase public healthcare spending, and implement a blockchain-based land and property registry.
February 9, 2026
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Himachal Pradesh finances face cuts: rollback of subsidies, staff reductions, and pension migration to plug a major revenue shortfall.
Discontinuation of the Revenue Deficit Grant would create a fiscal shortfall-eliminating a funding source equal to 12.7% of the budget-and compel measures such as rolling back subsidies, abolishing long vacant posts, downsizing institutions, halting pay revisions, and migrating from the Old Pension Scheme to the Unified Pension Scheme to unlock borrowing, while causing inability to meet pay/pension arrears, DA/DR installments, and other liabilities.
February 9, 2026
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Ukrainian actor in Torres investment fraud case denied bail due to alleged large scale scheme and flight risk.
The accused is alleged to have participated in a criminal conspiracy under Platinum Hern Pvt Ltd's Torres scheme, a combination of Ponzi and MLM operations that collected Rs 148.89 crore from 14,964 investors by promising immediate and weekly returns on investments in moissanite, gold and diamonds. The court denied bail citing the nature, gravity and magnitude of the offence, ongoing related investigations with other registered crimes, absconding principal accused, and a real risk of the accused fleeing or tampering with prosecution evidence.
February 9, 2026
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Lamborghini crash in Kanpur: medical exam to assess fitness to drive; FIR filed, vehicle seized and investigation ongoing.
Police registered an FIR against an unidentified driver for rash and negligent driving after a Lamborghini crash that injured six; the car was seized and sent for mechanical inspection, CCTV is being analysed to determine speed, and the suspected driver will undergo medical tests to assess whether epilepsy or another condition contributed, with subsequent scrutiny of driving licence issuance and RTO procedures if medical unfitness is found.
February 9, 2026
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EPS-95 pensioners: 47.04 lakh receive under Rs 9,000 monthly; minimum pension remains Rs 1,000 via budget support.
EPS-95 is a Defined Contribution-Defined Benefit scheme funded by employer contributions of 8.33% of wages and a central government contribution of 1.16% on wages up to Rs 15,000; all benefits are paid from the Employees' Pension Fund. Currently 47.04 lakh of 82.11 lakh active pensioners receive less than Rs 9,000 monthly, and the government provides a minimum pension of Rs 1,000 per month through budgetary support in addition to the 1.16% contribution. The fund is valued annually under paragraph 32 to determine long term viability and account for future liabilities.
February 9, 2026
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Enforcement action seizes crypto and cash from Ahmedabad call centre that coerced victims into gift card payments.
Enforcement action targeted an Ahmedabad call centre that coerced foreign victims into gift card and digital payments, converted proceeds into cryptocurrency via online platforms with assistance from foreign nationals, and laundered most funds through cash, crypto and informal channels; investigators seized cryptocurrency (~USD12,000), unaccounted cash (Rs13.5 lakh), documents and devices, froze 31 bank accounts and a locker, and transferred seized crypto to an agency wallet for investigation.
February 9, 2026
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India energy procurement prioritises diversification and national interest; companies make market-based sourcing choices for secure, affordable supply.
India's energy procurement policy is guided by national interest and operationalised through supply diversification to ensure adequate availability, fair pricing, and reliability of supply; oil companies make sourcing decisions based on market conditions, assessing availability, risks, costs, logistical and financial factors alongside internal accountability and fiduciary responsibilities.
February 9, 2026
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Commerce minister meeting exporters to discuss US tariff reductions and EU FTA implications for export sectors.
A ministerial consultation will discuss a US framework reducing reciprocal tariffs on Indian goods from 25% to 18% and the removal of previously imposed 25% punitive tariffs, in the context of concluded negotiations with the European Union and sectoral impacts on textiles, leather and footwear, and gems and jewellery.
February 9, 2026
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Digital fraud, electoral roll revisions, and restrictions on animal sacrifice were addressed with directives and procedural orders.
Procedural and supervisory actions include directing courtroom assault allegations to senior judicial administration, deferring appellate review of a competition law penalty, setting aside an interim stay on relocating an administrative commission, ordering expedited out of turn hearing of a conviction challenge, refusing to cancel bail in a medical negligence prosecution, upholding prohibition on animal sacrifice with limited prayer rights at a religious site, protecting electoral roll revision from impediments, and directing the central administration to draft a multi stakeholder SOP to tackle large scale digital financial fraud.
February 9, 2026
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Lok Sabha Speaker removal notice proposed over disallowing opposition speeches, suspension of MPs, and alleged unaddressed allegations.
Opposition parties are preparing a notice under Article 94-C to move a resolution for the removal of the Lok Sabha Speaker for disallowing the Leader of the Opposition and others from speaking on the Motion of Thanks and for the suspension of eight opposition MPs; over 100 MPs have signed the draft notice, and opposition leaders have sought revocation of the suspensions and permission to debate, while the Speaker said he would consult the government before responding.
February 9, 2026
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Unpublished military memoir circulated online prompts FIR and Special Cell probe into unauthorized pre-release distribution.
An FIR alleges unauthorized circulation of a pre-print copy of an unpublished book by the former Chief of Army Staff after a PDF and finished cover image surfaced online without required clearance; the case has been registered with the Special Cell to investigate the purported leak or breach, identify the source, and examine distribution via social media and online platforms.
February 9, 2026
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Banks may extend collateral-free loans up to Rs 25 lakh to MSEs based on their track record.
Banks may dispense with collateral for loans to Micro and Small Enterprises up to a base limit of Rs 20 lakh and, based on the MSE unit's good track record and financial position, increase that dispensation up to Rs 25 lakh under their internal policy; banks may use Credit Guarantee Scheme cover where applicable and accepting voluntarily pledged gold and silver for loans within the collateral-free limit will not breach the mandate. The amended lending directions become effective April 1, 2026.
February 9, 2026
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Pakistan will invest USD 1 billion in AI by 2030 to build an AI ecosystem and scale education and workforce training.
The government committed USD 1 billion to build a national AI ecosystem by 2030, to be supported by an AI curriculum rollout in federally run schools and in Pakistan occupied Kashmir and remote Balochistan, 1,000 fully funded PhD scholarships in AI by 2030, and a nationwide program to train one million non IT professionals in AI skills to expand research capacity and workforce upskilling.
February 9, 2026
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India-US trade pact grants quota-based auto duty cuts and tariff reductions, expanding preferential market access for key sectors.
The pact calibrates tariff concessions and quota mechanisms to grant reduced or zero duties on specified industrial and agricultural exports, using immediate and phased eliminations, tariff reductions, margins of preference and Tariff Rate Quotas for sensitive items; automobiles, medical devices and electric vehicles are managed through quotas, phased schedules or exclusions, while select agricultural products receive zero additional duty and highly sensitive items remain exempt.
February 9, 2026
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Rahul Gandhi accused of systematic disruption of parliamentary proceedings and undermining constitutional institutions, BJP says.
BJP accuses Rahul Gandhi of systematic disruption of parliamentary proceedings and deliberately undermining constitutional institutions by obstructing sittings, evading substantive debate, and converting Parliament into a political battleground. The party cites obstruction of the President's Address, tearing papers at the Speaker's chair, heckling, absences from Budget debates, and alleged foreign contacts and remarks as illustrative conduct, framing these acts as demonstrating disregard for democratic norms and parliamentary decorum.
February 9, 2026
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India's energy procurement will be guided by national interest, keeping multiple and diversified crude oil supply sources.
National interest will be the determinative principle for India's energy procurement, with policy emphasising the maintenance of multiple suppliers and diversification of crude oil sourcing to ensure stability and security; sourcing decisions will be taken based on assessed national interests.

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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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