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February 11, 2026
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Equity markets open higher then turn choppy as Sensex gains about 213 points and investors book profits.
Equity benchmarks opened higher but turned volatile as investors booked profits after early gains; the Sensex rose about 213 points to 84,487.34 and the Nifty reached 26,009.40. Early sector movers included Mahindra & Mahindra, Titan, Tata Steel and others as gainers, with HCL Technologies, Trent, Bharat Electronics, ITC and major industrial names lagging. Brent crude rose to USD 69.32 and institutional flows showed FIIs net buyers of about Rs 69.45 crore while DIIs bought around Rs 1,174.21 crore.
February 11, 2026
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Asian markets rose as weak US retail data weighed on yields and raised prospects of future monetary easing.
Asian equities rose after disappointing US retail sales reduced Treasury yields and raised prospects of US monetary easing; forthcoming US labour and inflation reports were flagged as key for rate decisions. Company earnings and a revised takeover offer in the media sector caused stock-specific moves, while oil, precious metals and currency fluctuations accompanied the market response.
February 11, 2026
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DMK announces seat-sharing committee to start talks with allies from Feb 22 and election preparations continue.
DMK will form a seat-sharing committee, to be constituted by party president M. K. Stalin, and begin talks with allies from February 22 after the Assembly session ends. The move responds to Congress concerns about delay; DMK cited ongoing election operations-voter list revision, cadre mobilization, polling agent training, manifesto committee tours and the interim budget on February 17-as reasons for the timing.
February 11, 2026
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Rupee weakens as India-US trade fact sheet on tariff cuts and large US purchases fuels importer dollar demand and commodity risk.
The rupee fell to 90.62 driven by importer dollar demand and geopolitical tensions after an India-US trade fact sheet outlined tariff reductions on US industrial and agricultural goods and large purchase commitments; analysts identify 90.00-90.20 as key support with 91.00-91.20 as potential upside, while rising Brent crude threatens to widen India's import bill and exert pressure on the currency.
February 11, 2026
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RBI draft exempts certain NBFCs with under Rs1000 crore assets from registration, subject to conditions, and invites comments.
The Reserve Bank proposes that NBFCs not availing public funds and without customer interface with asset size below Rs.1000 crore be exempted from registration, subject to conditions specified by the RBI; the draft also prescribes procedures for deregistration or conversion of existing registered entities, including Type I NBFCs, and is accompanied by FAQs and a public consultation process.
February 11, 2026
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Urban Cooperative Banks: draft rules raise unsecured-advance limits, increase aggregate ceiling, deregulate certain housing loan terms, comments invited.
The draft Amendment Directions rationalise the definition of unsecured advances, increase individual loan limits and raise the aggregate ceiling for such advances to 20% of total advances, enhance the consumer durable lending limit to nominal members to Rs.2.5 lakh, deregulate housing loan tenor and moratorium for Tier 3 and Tier 4 UCBs, and impose additional disclosure requirements, with public comments invited by March 4, 2026 via Connect 2 Regulate or email.
February 11, 2026
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Dubai International Airport hit 95.2M passengers and will shift operations to Al Maktoum after a $35B upgrade by 2032.
Dubai International Airport, run by state owned and state linked entities, reached 95.2 million passengers in 2025 and faces urban and cost pressures from rapid aviation driven growth. Authorities plan to transfer operations to Al Maktoum International Airport after an estimated $35 billion upgrade, targeting a 2032 operational move to leverage larger expansion capacity and reconfigure long term aviation infrastructure.
February 11, 2026
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India US interim trade agreement cuts tariffs to 18% but is criticised as asymmetrical and harmful to textile competitiveness.
The interim Indo US trade agreement reduces reciprocal tariffs on Indian goods from 25% to 18% and eliminates a prior punitive 25% tariff on Indian crude; opposition commentary characterises the pact as asymmetrical, a "coerced opening" that concedes more than India gains and undermines textile export competitiveness relative to Bangladesh.
February 11, 2026
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White House revises trade fact sheet: removes 'pulses' and softens India purchase commitments language.
The White House revised its interim US-India trade fact sheet to remove "pulses" from the list of US agricultural products on which India will eliminate or reduce tariffs and to change wording from India "committed" to buy over $500 billion of US goods to India "intends" to buy more American products and purchase over $500 billion of specified US goods.
February 11, 2026
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Supreme Court to hear challenges on detention of activist, money laundering case, service pay and police reforms.
The Supreme Court will hear petitions challenging the detention of climate activist Sonam Wangchuk; a state chief minister's challenge to Enforcement Directorate money laundering proceedings; a petition concerning pay and allowances of members of the Uttar Pradesh State Consumer Dispute Redressal Commission; and a petition concerning police reform.
February 11, 2026
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Puducherry interim budget to be tabled Feb 12, Vote on Account to fund departments pending a full budget.
An interim budget will be tabled on February 12 by the Chief Minister acting as finance minister via a Vote on Account to authorize departmental expenditures for the initial months of fiscal 2026-2027; the Assembly will also pass supplementary grants for the current fiscal year because imminent elections prevent presentation of a full budget, with the House comprising thirty elected and three nominated members.
February 11, 2026
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KSDL appoints Tamannaah as brand ambassador, sparking debate over non-Kannada selection and business-driven committee choice.
KSDL's selection committee appointed Tamannaah Bhatia as a two-year brand ambassador for a reported Rs 6.20 crore fee, defending the merit-based, market-oriented choice because several Kannada actors were ineligible due to other endorsements and Mysore Sandal sales are concentrated outside Karnataka (approx. 8-12% in-state), prompting both political and social-media criticism framed as an attack on local talent and counter-arguments stressing commercial strategy and export-oriented expansion.
February 11, 2026
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2026 27 state budget to prioritize inclusive development, poverty welfare, youth empowerment, farmer prosperity and women's dignity.
The 2026-27 state Budget is positioned as a policy instrument to found long term economic transformation toward Viksit Bharat 2047 and a USD 1 trillion state economy, offering a coordinated action plan emphasizing poverty alleviation, youth empowerment, farmer prosperity, women's dignity, and targeted public investment within the routine legislative budget presentation process.
February 11, 2026
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USTR deletes X post after map depicted Pakistan-occupied Kashmir and Aksai Chin as part of India.
The US Trade Representative removed an X post that displayed a map showing Jammu and Kashmir, including Pakistan-occupied Kashmir, and Aksai Chin as part of India; the map accompanied a bilateral interim trade framework announcement and the deletion reflects sensitivities about depicting disputed territories in official social media communications.
February 11, 2026
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Regularisation of daily wagers to be initiated this year; Budget ties industrial incentives to local employment and funds key welfare locally.
The government will initiate regularisation of daily wagers this year and has prioritised job creation, infrastructure, targeted welfare across agriculture, animal husbandry, fisheries and dairy, and youth entrepreneurship through Mission YUVA. The administration will fund six free LPG cylinders from its own resources, extend free bus travel to persons with disabilities, promote EV bus services, and require industrial beneficiaries of subsidies, land and power concessions to prioritise employment for local youth.
February 11, 2026
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Appointment of Bal Jogi Pargat Nath to lead advisory board to develop Ram Tirath as an international Dalit heritage centre.
The Punjab government appointed Bal Jogi Pargat Nath as chairman of the advisory board of the Bhagwan Valmiki Ji Tirath Sthal shrine board and signalled a policy to develop Ram Tirath as an international centre of Dalit faith, heritage and spiritual philosophy to promote recognition of Dalit contributions and the values of equality, dignity and social justice.
February 11, 2026
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Indo-US trade deal could harm J-K dry fruit and horticulture economy, and CM defends the pro-people Budget.
Omar Abdullah warned that the India-US interim trade deal allowing duty-free imports of tree nuts could harm Jammu and Kashmir's dry fruit and horticulture economy and urged protection for local walnuts, almonds and apples. He defended the Budget as pro-people and growth-oriented, noting capital expenditure at 36% (rising by March 31), distinguishing prior higher revenue spending due to loan settlements, assuring salaries and pensions are safe, and highlighting investments in agriculture, horticulture, dairying and rural economic strengthening.
February 10, 2026
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Smuggled gold seized and two arrested after airport wax-capsule concealment and linked melting facility exposed.
Directorate of Revenue Intelligence seized 5.8 kg of smuggled gold worth about Rs 9.22 crore and arrested two syndicate members after surveillance linked intercepted passengers carrying wax-capsule gold to a South Mumbai melting facility where authorities recovered melting and casting equipment, foreign bullion marking dies, record books of smuggled-gold transactions and sale proceeds, and currency notes used as tokens for illegal receipt and delivery; the arrested were booked under the Customs Act and further probe is underway.
February 10, 2026
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Old-age pension discontinuations were administrative safeguards pending verification; valid proof will prompt immediate restoration.
The Haryana government says old-age pensions were administratively discontinued where eligibility could not be verified: cases of recorded deaths identified after Registrar General data arrived in November 2025; beneficiaries under the qualifying age due to manipulated Aadhaar age data, with action initiated for tampering; and cases lacking verified income-based eligibility pending income certificate submission. Valid proof of eligibility will trigger immediate restoration; discontinuations are described as temporary safeguards against ineligible payments.
February 10, 2026
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Mundhwa land deal: accused alleged to have facilitated illegal sale of protected government land at undervalue.
Allegations assert that the accused facilitated illegal regularisation and sale of protected government land in Mundhwa at a substantial undervalue, involved waiver of large stamp duty, execution of documents purportedly on behalf of deceased persons, and connivance with revenue officials, raising serious economic offence concerns and investigative risks from absconding co-accused and potential witness influence.

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Dubai International Airport handled a record 95.2 million passengers in 2025

February 11, 2026

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Dubai, Feb 11 (AP) Dubai International Airport maintained its crown as the world's busiest airport last year as officials said Wednesday that a record 95.2 million passengers transited through its terminals, part of the emirate's continued economic boom.

The airport took off in the post-pandemic years, spurred by worldwide interest in travel and by ever-increasing tourism, business and real estate opportunities in the biggest city in the United Arab Emirates. Dubai on Monday reported a 5% increase in tourists last year, to 19.6 million, a third consecutive year of record-breaking figures.

The state-owned airport is home to the long-haul carrier Emirates, which powers the network of state-owned and state-linked businesses in the emirate known as “Dubai Inc.” Dubai International showed in 2025 "that record traffic is no longer an exception, but part of its operating reality,” said Paul Griffiths, the chief executive of Dubai Airports.

Dubai airport saw 92.3 million passengers in 2024, compared with 86.9 million passengers in the previous year. In 2019, just before the pandemic fully disrupted air travel, traffic was 86.3 million passengers. It had 89.1 million passengers in 2018.

India remained the top destination for people flying out of Dubai International last year, with 11.9 million passengers, followed by Saudi Arabia with 7.5 million and the United Kingdom at 6.3 million. The facility served 108 airlines flying to 291 cities in 110 countries.

A real-estate boom and the city's highest-ever tourism numbers have made Dubai a destination as well as a layover. However, the city is now grappling with increasing traffic and costs that are pressuring both its Emirati citizens and the foreign residents who power its economy.

Dubai plans to move its airport operations to Al Maktoum International Airport, about 45 kilometers (28 miles) away. Al Maktoum, which opened in 2010 with one terminal, served as a parking lot for Emirates' double-decker Airbus A380s and other aircraft during the pandemic, but it has since returned to life with cargo, commercial and private flights. It also hosts the biennial Dubai Air Show and has a vast desert in which to expand.

Authorities plan to move operations in 2032 to the city-state's second airport after a roughly $35 billion upgrade. (AP) AMS

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