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February 10, 2026
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Power distribution: HERC pushes modernisation, lower AT&C losses and explores consumer choice amid ARR deficit.
HERC reviewed ARR petitions for 2026-27, noting a projected revenue requirement of Rs 51,156.71 crore and estimated revenue at existing tariffs of Rs 52,761.87 crore (surplus Rs 1,605.16 crore) but a net deficit of Rs 4,484.71 crore after adjusting past revenue gaps; the Commission emphasised reducing AT&C losses, modernising the distribution network, improving consumer satisfaction, avoiding passing unnecessary costs to consumers, and exploring future consumer choice, while holding public hearings to solicit stakeholder input.
February 10, 2026
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Journalist Ravi Nair convicted for criminal defamation over tweets alleged to be false and damaging to Adani Enterprises' reputation.
A magistrate court in Mansa convicted journalist Ravi Nair of criminal defamation after finding that tweets he published contained false and defamatory statements intended to harm Adani Enterprises Ltd's reputation, concluding the publications were not protected as fair comment and that AEL established the essential elements of the offence; the court imposed a custodial term and a fine following a full trial.
February 10, 2026
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Five-day festival in Mizoram promotes entrepreneurship, MSME growth, and job linkage through skills and targeted support.
A five-day state-led festival organised by the Labour, Employment, Skill Development, and Entrepreneurship Department promotes entrepreneurship, MSME development, decentralised economic activity, and market-linked skill acquisition. The event showcases departmental services and programmes, integrates a job fair to connect job seekers and employers, and emphasises hand-holding support for youth, women, and rural communities with priorities on quality, sustainability, and market relevance.
February 10, 2026
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Andhra Pradesh seeks Centre approval for Polavaram project, funding for Phase II and release of Rs 1,211 crore for farm schemes for infrastructure and relief.
Andhra Pradesh seeks revocation of the Polavaram stop work order, reimbursement for canal capacity upgrades, and full central funding for Polavaram Phase II including land acquisition, rehabilitation and embankments; requests approvals and support for the Polavaram Nallamala Sagar Link Project; and urges gazette notification of the Vamsadhara tribunal report and constitution of a Godavari Water Disputes Tribunal to resolve interstate water sharing.
February 10, 2026
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DGCA orders special safety audit of non-scheduled flight operators after fatal VSR Ventures Learjet crash.
DGCA ordered a special safety audit of non-scheduled flight operators, including VSR Ventures, directed on February 2, commencing February 4 and conducted in a phased manner covering VSR Ventures and 14 other non-scheduled operators through February 25, as regulatory oversight pending the Aircraft Accident Investigation Bureau's probe of the January 28 Learjet 45 crash (VT-SSK).
February 10, 2026
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Lok Sabha resumes Budget debate after stalemate; 18-hour debate set amid Speaker removal notice and member suspensions.
Lok Sabha resumed the Union Budget debate after a stalemate, with Shashi Tharoor opening debate and the Business Advisory Committee allocating 18 hours; the Finance Minister is expected to respond later in the week. The resumption followed opposition notices seeking the Speaker's removal and came in the wake of repeated disruptions since February 2 that led to the suspension of eight members, prevented the Prime Minister from replying to the Motion of Thanks, and resulted in over 19 hours of lost House time.
February 10, 2026
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Haryana solarisation drive: officials ordered time-bound PM-KUSUM rollout and rooftop solar on government buildings and feed surplus power into grid.
The Chief Minister ordered time-bound acceleration of PM-KUSUM implementation and solarisation of agricultural pumps, requiring surplus power from those pumps to be fed into the government grid and fast-tracking rooftop solar installation on government buildings and infrastructure, with deputy commissioners tasked to actively monitor and expedite implementation.
February 10, 2026
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Delhi LakhpatiBitiya Yojna provides phased, education linked cash deposits into Aadhaar linked accounts for eligible girls.
The Delhi LakhpatiBitiya Yojna replaces the Ladli scheme, offering up to Rs 56,000 per girl in phased, education linked instalments invested to accrue interest and paid into Aadhaar linked accounts at maturity. Eligibility: girls born in Delhi, three year city residency, family income Rs 1.20 lakh, maximum two surviving girls per family, with registration at birth or specified educational entry points. Instalments and maturity conditions are tied to specific class admissions and graduation; unclaimed or non compliant amounts revert to the government.
February 10, 2026
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IRCTC scam: prosecution alleges decade-long conspiracy, quid pro quo and corruption leading to charges under anti-corruption and criminal laws.
Prosecution opposes challenges to framing of charges in the IRCTC matter, alleging a decade-long criminal conspiracy and quid pro quo that caused loss to the exchequer through a manipulated tender process and undervalued land transfers. Charges include corruption, criminal conspiracy and cheating under the penal code and provisions of the Prevention of Corruption Act for criminal misconduct and abuse of position by a public servant, forming the basis for continued prosecution.
February 10, 2026
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India-US trade deal seen as coerced opening; concessions may erode India's textile advantage versus Bangladesh.
The India-US trade arrangement is described as a coerced opening in which India conceded more than it obtained, and a US-Bangladesh textile understanding-reducing tariffs and exempting certain goods made with US materials from reciprocal tariffs-is said to have erased India's competitive advantage in US textile markets.
February 10, 2026
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Mizoram to table the 2026-27 state budget and supplementary grants on February 26 during a month-long assembly session.
Presentation of the state budget is scheduled for February 26, when the Chief Minister holding the Finance portfolio will table the 2026-27 budget and supplementary grants for 2025-26. The budget session runs February 17-March 16 with 17 sittings, opening with the Governor's address. The secretariat has listed 946 starred and 339 unstarred questions for Question Hour, and three amendment bills, including amendments to marriage, inheritance and local bodies, are slated for presentation.
February 10, 2026
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AB InBev to procure over 16,000 tons of barley in 2026 to strengthen supply chains and farmer partnerships.
AB InBev India will procure over 16,000 tons of domestically grown barley in 2026 through the SmartBarley programme, engaging over 2,000 farmers, increasing per-farmer malt-quality land allocation, and pairing purchases with science-based agronomy, regenerative practices, R&D trials and digital tools to strengthen supply-chain resilience and market access.
February 10, 2026
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US stocks drift near records as mixed earnings and Fed rate expectations shape market direction this week.
US equities traded near record highs amid mixed corporate earnings and lower Treasury yields after retail results signalled softer consumer spending; upcoming employment and consumer inflation reports were identified as pivotal for Federal Reserve decisions on the timing of interest-rate cuts. Company earnings and forecasts produced divergent stock moves-Hasbro and DuPont beat expectations while Coca-Cola and S&P Global fell-and Paramount's revised takeover terms influenced sector activity alongside record gains in Japan's Nikkei on prospective fiscal measures.
February 10, 2026
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Rupee gains 10 paise to 90.56 against US dollar amid equity support and softer dollar.
Rupee strengthened by 10 paise to settle at 90.56 against the US dollar, driven by domestic equity support and foreign fund inflows while constrained by geopolitical tensions and importer dollar demand; intraday range recorded between 90.77 and 90.48 and USDINR expected to trade in a 90.30-90.80 band ahead of US employment data.
February 10, 2026
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Odisha industrial approvals: 23 projects worth Rs 4,111.80 crore approved, spanning multiple sectors and creating nearly 10,000 jobs.
The State Level Single Window Clearance Authority approved 23 industrial proposals totalling Rs 4,111.80 crore across multiple sectors to be implemented in 11 districts, expected to create nearly 10,000 jobs. Notable approvals include five-star hotels in Khurda and Puri, a railway component manufacturing unit, a multi-drone manufacturing centre, a shipbuilding and ship-repair facility, and apparel and pharmaceutical manufacturing units.
February 10, 2026
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Notice to remove Speaker Om Birla alleges blatantly partisan conduct and abuse of office under Article 94(c) of the Constitution.
Opposition parties filed a notice under Article 94(c) seeking removal of the Lok Sabha Speaker for alleged blatant partisanship and abuse of office, citing denial of speaking rights during the Motion of Thanks, suspension of eight MPs, tolerance of personalised attacks by a ruling party MP, and derogatory statements from the Chair; the notice was submitted to the Secretary General for examination and the Speaker abstained from presiding until the matter is settled.
February 10, 2026
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Ex-Andaman MP Kuldeep Rai Sharma denied bail in Rs500 crore bank fraud; about Rs230 crore allegedly siphoned to associates.
Calcutta High Court refused bail to ex-MP Kuldeep Rai Sharma and co-accused in a Rs 500 crore cooperative bank fraud case under the Prevention of Money Laundering Act, while granting health-based bail to the former managing director; ED investigations allege loans were fraudulently sanctioned through over 100 shell-company accounts and that about Rs 230 crore was siphoned off for the benefit of Sharma and associates.
February 10, 2026
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Government tightens social media rules on AI content: three-hour takedowns, mandatory labelling and metadata embedding.
The IT Rules are amended to bring AI-generated and synthetic content within the regulatory framework, requiring platforms and AI tool providers to remove unlawful content within three hours (two hours for intimate or sexual material), mandate clear permanent labelling and metadata for synthetic content, prevent removal of labels, deploy automated prevention tools, verify user declarations about AI-origin, shorten grievance timelines, and report serious AI-related crimes to authorities.
February 10, 2026
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India's organic production: plans to scale exports, strengthen certification, and mobilise cooperatives for supply growth.
India seeks to become a global hub for large-scale organic production, aiming to triple organic exports again over the next five years. Policy priorities stress strengthening certification trust and credibility through alignment with international standards under the National Programme for Organic Production, and mobilising cooperatives to aggregate farmers and build viable village-level organic supply chains to serve rising domestic and international demand.
February 10, 2026
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India-Seychelles commit to deepen defence cooperation, maritime security, and capacity building including joint exercises and modernisation.
India and Seychelles committed to deepen defence cooperation and maritime security through expanded training, hydrography, ship and aircraft visits, defence delegation exchanges, and long-term modernisation partnerships. They welcomed joint participation in Lamitye 2026, the International Fleet Review, and Exercise Milan 2026, and agreed to implement capacity building initiatives. The countries also aligned on cooperation in digital solutions, data sharing, and maritime scientific research within a shared framework reflecting India's MAHASAGAR vision for cooperative, sustainable regional security and growth.

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Creating a Brand Without a Business Surname: How Madhusudana R Built BlueBurr

February 10, 2026

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In India, where business success is often associated with legacy and lineage, Madhusudana R’s entrepreneurial journey offers a different narrative. As the Co-Founder of BlueBurr.com, an Indian bag brand positioned in the everyday luxury segment, he represents a generation of founders who are building brands through learning, resilience, and design-led thinking rather than inherited advantage. Madhusudana’s story is not rooted in overnight success. It is shaped by conscious choices, years of experimentation, and a belief that entrepreneurship can be learned, even without a business surname.

Choosing an Unfamiliar Path Madhusudana comes from a Kshatriya family where traditional professions were more commonly encouraged than entrepreneurship. While his parents were supportive and open to guiding him along established career paths, business was not seen as the default option.

Despite this, he felt drawn to creating value independently. During his college years, he chose to explore the fundamentals of commerce at a grassroots level. He worked closely with local restaurants to help them bring in customers, took on on-ground sales roles, and experimented with small ventures that offered practical exposure. These early efforts were not structured startups, but they provided real-world insights into customer behavior, trust-building, and the economics of small businesses.

Rather than relying on predictability, Madhusudana consciously chose uncertainty as a learning ground.

Learning Outside the Classroom After college, Madhusudana moved to Bangalore with a clear belief that business education is often found outside classrooms. Conversations, relationships, and lived experience became his primary teachers. He invested time and resources into meeting people, attending events, and learning directly from founders and operators across industries.

During this phase, he partnered with multiple entrepreneurs and launched ventures in different categories. One of these was Nyorra.com, a boutique brand catering to the US market. While these initiatives expanded his understanding of branding and operations, sustained success remained elusive.

What followed was nearly seven years of trial and error. Ideas struggled to scale. Partnerships did not always work out. Progress was often slow. Yet, each setback sharpened his instincts around product-market fit, positioning, and execution. Failure, rather than becoming a deterrent, became his training ground.

The Emergence of BlueBurr Those accumulated lessons eventually converged in Delhi with the launch of BlueBurr.com. Conceived as more than an accessories label, BlueBurr was built as an everyday luxury bag brand that aligned with how young Indians express identity and aspiration.

The brand focused on design-led products that balanced aesthetics with functionality. It spoke directly to Gen Z consumers who viewed bags not merely as utility items, but as extensions of personal style and lifestyle. BlueBurr’s approach was rooted in authenticity, choosing strong design language and organic storytelling over aggressive promotion.

The response was immediate and organic. BlueBurr gained nationwide attention, achieved viral traction, and began selling overseas, marking a significant milestone for an Indian designer bag brand built without legacy backing.

Extending the Mission Through KnowVoyage For Madhusudana, BlueBurr’s growth also highlighted a broader responsibility. Having navigated entrepreneurship without a traditional business background, he understood the lack of accessible guidance faced by many first-generation founders.

This led to the creation of KnowVoyage.com, a platform designed to support individuals who are interested in business but lack generational exposure. Through KnowVoyage and his digital presence, Madhusudana shares practical insights on starting small, building resilience, and developing the right mindset for long-term growth.

His content resonates strongly with people who feel late to the entrepreneurial journey or unsure of where to begin. Many see their own challenges reflected in his experiences, making the platform both relatable and impactful.

Looking Ahead Madhusudana R’s vision is anchored in two priorities. For BlueBurr, the focus remains on scaling responsibly, strengthening design leadership, and expanding globally without losing authenticity. For KnowVoyage, the goal is impact, enabling aspiring entrepreneurs to believe that business is not inherited, but learned.

By building brands and building confidence alongside them, Madhusudana is quietly reshaping what modern entrepreneurship in India can look like.

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

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