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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.
Enforcement Directorate to issue fresh summons for questioning in an alleged money laundering probe linked to a Manhattan condominium purchase; a prior request to depose went unmet and a former corporate executive has been attested as part of the inquiry. These actions occur within a broader investigatory framework in which a Special Investigation Team is probing alleged bank fraud and related financial irregularities concerning a corporate group on the directions of the Supreme Court.
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.
BJP women MPs urged the Speaker to initiate disciplinary action under House rules against opposition members for entering the well, climbing on tables, tearing and throwing papers, carrying banners, moving into treasury benches, and laying siege to the Prime Minister's seat, asserting these acts breached parliamentary decorum and requesting the strongest possible sanctions; the letter notes ruling party restraint and situates the events amid earlier disruptions and subsequent procedural consequences, including passage of the Motion of Thanks without the Prime Minister's speech and suspensions of members.
February 10, 2026
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Shivakumar orders a special investigation into alleged irrigation department looting while pursuing consultations on the Mekedatu reservoir.
The Deputy Chief Minister ordered a Special Investigation Team in the Revenue Department to probe an alleged nexus looting the Irrigation Department and will pursue administrative and political consultations-meeting party leaders, the Union Water Resource Minister, legal counsels, and seeking the Chief Minister's approval-regarding pre-budget matters and the proposed Mekedatu balancing reservoir on the Cauvery.
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.
Democrats are conditioning DHS funding on enactment of strict limits on immigration enforcement: a judicial warrant requirement for entry onto private property, officer identification including removal of masks, verification of noncitizen status before detention, prohibitions on racial profiling, legal safeguards at detention centers, stricter use-of-force standards, and limits on tracking protesters with body-worn devices; negotiations with the White House and Republicans continue amid an imminent short-term funding deadline.
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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AIMIM says chief ministers seek its support and alleges GST rationalisation cost Telangana Rs 7,000 crore.
AIMIM claims chief ministers seek the party's support to secure electoral and developmental gains, citing influence in the Jubilee Hills by-election. The party alleges GST rationalisation caused a Rs 7,000 crore loss to Telangana and faults the state government for not implementing promised minority-welfare funding and subsidised loans, while accusing the BJP of communalising politics and diverting attention from core issues like employment, farmers' welfare and housing.
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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Pune land deal: firm appeals Rs21 crore stamp duty notice as deadline nears amid FIR and probe.
An appeal has been filed against an order directing Amadea Enterprises LLP and its partner to pay Rs 21 crore in stamp duty for a 40 acre sale deed treated as government land, with a hearing before the Inspector General of Registration and possible revenue recovery measures such as bank account seizure and property attachment if unpaid; an FIR alleging evasion of stamp duty and administrative suspensions accompany an ongoing criminal probe by the Economic Offence Wing.
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.
February 9, 2026
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AAP protest against Bajwa over alleged remark prompts police action and Scheduled Castes Commission inquiry.
AAP leaders protested an allegedly objectionable remark by Leader of Opposition Partap Singh Bajwa about a Cabinet minister, leading to police measures including water cannon use and detention of AAP members; the Punjab State Scheduled Castes Commission took suo motu notice and sought a police report, and Bajwa has been summoned to explain and denied the remark was caste-specific while criticizing the government's priorities.
February 9, 2026
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Shivakumar to visit Delhi Feb 10 to meet party leaders, water minister and legal counsels; orders SIT on irrigation corruption.
D K Shivakumar will travel to Delhi on February 10 to meet party leaders, the Union Water Resource Minister and legal counsels; he will seek Chief Minister Siddaramaiah's permission because the Chief Minister chairs the Irrigation department. Officials will brief Siddaramaiah on the proposed Mekedatu balancing reservoir on the Cauvery. Shivakumar has ordered formation of a Special Investigation Team in the Revenue Department to probe an alleged nexus looting the Irrigation Department.
February 9, 2026
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Indian migration to the UK delivers skilled workers and calls for visa alignment, credential fast tracks, and study to work pathways.
Indian migration is characterised as an economic asset whose benefits depend on skills based migration matching workers to employer needs, speeding deployment where shortages are acute, and improving retention and progression. The paper recommends aligning visa routes with labour demand, creating predictable standards and qualification recognition, establishing a UK India skills and credential fast track between regulators, and strengthening a study to skilled worker conversion model to link universities, employers and health services.
February 9, 2026
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Central funding disparities provoke allegations of deliberate neglect and project diversion, affecting regional development and political trust.
Telangana's Chief Minister alleges systematic disadvantage in central fiscal devolution and discretionary special-package allocations, claiming major projects were diverted from the state and that southern regions receive far lower returns on contributions; he asserts tacit political understanding between the national party and a regional rival, questions selective central investigative action in high-profile matters, and proposes consulting other regional leaders before seeking collective remedies while linking project approvals to future state revenue growth.
February 9, 2026
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Investment scam: alleged Rs 1,200 crore fraud affecting 11,000 investors prompts detention of three company directors.
Alleged large-scale investment fraud collected about Rs 1,200 crore from roughly 11,000 investors, and the Economic Offences Wing is investigating the firm and its founding directors who were arrested in January; during their production a crowd of alleged victims attempted to gherao the directors and breach security, after which police custody of the accused was extended and they were taken to an EOW lockup.

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Israeli minister calls West Bank measures 'de facto sovereignty,' says no future Palestinian state

February 10, 2026

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Ramallah (West Bank), Feb 10 (AP) A top Israeli official said on Tuesday that measures adopted by the government that deepen Israeli control in the occupied West Bank amounted to implementing “de facto sovereignty,” using language that mirrors critics' warnings about the intent behind the moves.

The steps “actually establish a fact on the ground that there will not be a Palestinian state,” Energy Minister Eli Cohen told Israel's Army Radio.

Palestinians, Arab countries and human rights groups have called the moves announced Sunday an annexation of the territory, home to roughly 3.4 million Palestinians who seek it for a future state.

Cohen's comments followed similar remarks by other members of Prime Minister Benjamin Netanyahu's government, including Finance Minister Bezalel Smotrich and Defence Minister Israel Katz.

The moves — and Israeli officials' own descriptions of them — put the country at odds with both regional allies and previous statements from US President Donald Trump. Netanyahu has travelled to Washington to meet with him later this week.

Last year, Trump said he wouldn't allow Israel to annex the West Bank. The US-brokered ceasefire between Israel and Hamas, which aimed to stop the war in Gaza, also acknowledged Palestinian aspirations for statehood.

Widespread condemnation -------------------------------- The measures further erode the Palestinian Authority's limited powers, and it's unclear the extent to which it can oppose them. Still, Hussein Al Sheikh, the Palestinian Authority's deputy president, said on Tuesday, "the Palestinian leadership called on all civil and security institutions in the State of Palestine" to reject them.

In a post on X on Tuesday, he said the Israeli steps “contradict international law and the agreements signed with the Palestine Liberation Organisation." A group of eight Arab and Muslim-majority countries expressed their “absolute rejection” of the measures, calling them in a joint statement Monday illegal and warning they would “fuel violence and conflict in the region.” Israel's pledge not to annex the West Bank is embedded in its diplomatic agreements with some of those countries, and renewed warnings that it was a “red line” for the Emirates led Israel to shelve some high-level discussions on the matter last year.

United Nations Secretary General Antonio Guterres said he was “gravely concerned” by the measures.

“They are driving us further and further away from a two-State solution and from the ability of the Palestinian authority and the Palestinian people to control their own destiny," his spokesperson, Stephane Dujarric, said on Monday.

What the measures mean ------------------------------- The measures, approved by Netanyahu's Security Cabinet on Sunday, expand Israel's enforcement authority over land use and planning in areas run by the Palestinian Authority, making it easier for Jewish settlers to force Palestinians to give up land.

Smotrich and Katz on Sunday said they would lift long-standing restrictions on land sales to Israeli Jews in the West Bank, shift some control over sensitive holy sites — including Hebron's Ibrahimi Mosque, also known as the Tomb of the Patriarchs — and declassify land registry records to ease property acquisitions.

They also revive a government committee empowered to make what officials described as “proactive” land purchases in the territory, a step intended to reserve land for future settlement expansion.

Taken together, the moves add an official stamp to Israel's accelerating expansion and would override parts of decades-old agreements that split the West Bank between areas under Israeli control and areas where the Palestinian Authority exercises limited autonomy.

Israel has increasingly legalised settler outposts built on land Palestinians say documents show they have long owned, evicted Palestinian communities from areas declared “military zones” and villages near archaeological sites it has reclassified as “national parks.” More than 700,000 Israelis live in the occupied West Bank and east Jerusalem, territories captured by Israel in 1967 and sought by the Palestinians for an independent state along with the Gaza Strip.

Palestinians are not permitted to sell land privately to Israelis. Settlers can buy homes on land controlled by Israel's government.

The international community overwhelmingly considers Israeli settlement construction to be illegal and an obstacle to peace.

“These decisions constitute a direct violation of the international agreements to which Israel is committed and are steps toward the annexation of Areas A and B,” anti-settlement watchdog group Peace Now said on Sunday, referring to parts of the West Bank where the Palestinian Authority exercised some autonomy. (AP) SKS SKS

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