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February 10, 2026
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fischer opens a national subsidiary in Saudi Arabia to support major construction projects and local production.
fischer has opened a national subsidiary in Saudi Arabia, headquartered in Riyadh with offices in Jeddah, Dammam and Tabuk and a production site in Dammam, strengthening its regional presence alongside Dubai and Qatar to supply fastening, fac ade and fire-protection solutions for major construction projects including Jeddah Tower, the Red Sea Project, the Solitaire Mall and Riyadh International Airport.
February 10, 2026
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GFTN and Startup Policy Forum announce collaboration to accelerate fintech innovation and cross-border startup growth.
A memorandum of understanding between GFTN and SPF establishes a strategic collaboration to accelerate fintech and digital innovation via coordinated policy engagement, ecosystem development, and programmes supporting cross border growth of Indian startups. The partnership will enable structured regulator industry dialogue, strengthen global-India innovation corridors, and facilitate knowledge exchange on digital finance infrastructure, responsible AI, digital assets, cross border payments, and regulatory innovation to support international expansion and capacity building.
February 10, 2026
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Forbes Global Properties launches Mission 2030 to set standards for branded luxury real estate, focusing on quality, governance and investor links.
Mission 2030 is a standards-led strategic vision to develop branded residences, commercial assets, and institutional advisory in India, prioritising selective partner criteria, asset excellence, transparency, governance, sustainability, and long-term value creation as prerequisites for endorsement and market linkage to global capital.
February 10, 2026
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Tina Ambani to be re-summoned for questioning under PMLA over alleged money trail linked to Manhattan condominium.
Enforcement agency to reissue summons to Tina Ambani to record her statement under the Prevention of Money Laundering Act concerning an alleged money trail linked to a Manhattan condominium; the probe alleges sale proceeds were remitted via a sham investment arrangement during a corporate insolvency resolution process and has produced arrests, ECIRs, a special investigation team, and asset attachments.
February 10, 2026
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Russian oil exports face sanctions, shipping bans and tariffs, sharply reducing revenues and prompting higher taxes and borrowing.
Sanctions on major oil producers, bans on refined products and shipping restrictions, plus interdictions of shadow tankers, have cut export receipts by widening discounts on Russian crude and disrupting payment and logistics channels; in turn, the government has raised taxes and increased borrowing to offset lost oil-related tax revenues.
February 10, 2026
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Kanpur Lamborghini crash: police cite CCTV and witnesses placing owner's son at wheel, despite lawyer's denial.
Investigation focuses on competing claims about who drove the Lamborghini: defence counsel says the designated driver was at the wheel, while police rely on CCTV footage, eyewitness accounts and other evidence to identify the accused-the owner's son-as driver. The FIR was amended from an unidentified driver to name the son, the vehicle has been seized for forensic examination, and police have attempted notice service and taken administrative steps pending further evidentiary development.
February 10, 2026
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Shatak Dhwaj Yatra begins at Lal Chowk with Bhagwa flag waved, marking RSS centenary and nationwide march.
The Shatak Dhwaj Yatra began at Srinagar's Lal Chowk with the Bhagwa flag waved there for the first time since Independence, launching a nationwide procession marking the Rashtriya Swayamsevak Sangh's 100-year centenary; the first leg ended in Ludhiana with a 100-biker rally, cultural celebrations and a felicitation ceremony, and the events are linked to the promotional release of the commemorative film Shatak: Sangh's 100 Years.
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.
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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.
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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.

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Unemployment falls slightly to 6.7 pc in Oct-Dec quarter: Govt survey

February 10, 2026

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New Delhi, Feb 10 (PTI) The rate of unemployment among persons aged 15 years and above in cities declined marginally to 6.7 per cent in October-December 2025 from 6.9 per cent in the pervious quarter, showed a government survey released on Tuesday.

In rural areas, the unemployment rate (UR) or joblessness among those aged 15 years and above declined to 4 per cent in October-December 2025 from 4.4 per cent in the previous quarter (July-September 2025), helped by lower unemployment rates among rural males as well as females, according to the quarterly Periodic Labour Force Survey (PLFS) released by the National Statistics Office (NSO).

The urban unemployment rate for the 15-year-old and above decreased to 6.7 per cent as compared to 6.9 per cent reported in the preceding quarter. The lower rate of unemployment was driven by a decline in urban male UR from 6.2 per cent during July-September, 2025, to 5.9 per cent in the quarter under review, it stated.

Both rural and urban UR among persons aged 15 years and above declined during October-December 2025.

The proportion of self-employed persons aged 15 years and above in rural areas increased to 63.2 per cent during October-December 2025, up from 62.8 per cent recorded in the July-September quarter.

In urban areas, the share of self-employed persons of the same age group stood at 39.7 per cent during the quarter ending December 2025, compared to 39.3 per cent recorded in July-September 2025.

About the concentration of rural workforce in the primary sector and urban workforce in the tertiary sector, the data showed that rural areas maintained a similar pattern, with a majority of workers engaged in the agriculture sector, accounting for 58.5 per cent during October-December 2025, up from 57.7 per cent quarter-on-quarter.

In urban areas, the tertiary sector remained stable, engaging 61.9 per cent of workers during October-December 2025.

Taking reference from the projected population figures of the Ministry of Health and Family Welfare (MoHFW), the NSO data also estimated the absolute number of workers aged 15 years and above.

During July–September 2025, an average of 56.2 crore persons were employed in the country, comprising 39.6 crore males and 16.6 crore females.

The figure increased to 57.4 crore during October–December 2025, of which 40.2 crore were males and 17.2 crore were females.

The quarterly estimates are based on information collected from a total of 5,61,108 persons surveyed across the country.

The survey methodology has been modified since January 2025 to provide monthly and quarterly estimates of labour force indicators for both rural and urban India based on the CWS (current weekly status) framework.

Earlier, PLFS quarterly bulletins released until December 2024 presented labour market indicators only for urban areas.

The bulletin for April–June 2025 marked the first in the series to provide estimates for both rural and urban areas, and the current bulletin for October–December 2025 is the third in the series.

According to the latest bulletin, the overall Labour Force Participation Rate (LFPR) witnessed a modest increase.

LFPR among those aged 15 years and above increased to 55.8 per cent during October-December 2025, compared to 55.1 per cent in the previous quarter.

In rural areas, LFPR increased to 58.4 per cent in the quarter ending December from 57.2 per cent observed during July-September 2025.

Urban LFPR for the same age group remained broadly steady during the period from April-June 2025 to October-December.

LFPR of females showed an upward trend, increasing to 34.9 per cent in October-December from 33.7 per cent in the previous quarter. This was driven by an increase in female LFPR in rural areas from 37.5 per cent in July-September 2025 to 39.4 per cent in October-December.

However, female LFPR in urban areas remained stable.

Also, the Worker Population Ratio (WPR) for those aged 15 years and above rose to 53.1 per cent in October-December as compared to 52.2 per cent in July-September 2025, mainly contributed by an increased workforce participation in rural areas.

WPR of females continued to improve during the last two quarters, reflecting a positive shift in women's engagement in the workforce.

WPR rose to 53.1 per cent in October-December from 52.2 per cent observed in the previous quarter, the data showed. PTI KKS HVA

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