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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
Show AI Summary
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.
February 10, 2026
Show AI Summary
India-US trade pact: India winding down Russian oil purchases and cutting tariffs on US industrial and agricultural goods.
An interim trade framework establishes reciprocal commitments: the US agreed to remove a punitive 25 per cent tariff on Indian imports in recognition of India's commitment to reduce Russian oil purchases; India has begun winding down Russian energy purchases and increasing American and other energy imports. India will eliminate or reduce tariffs on all US industrial goods and a wide range of US food and agricultural products, while also moving down digital services taxes and other tariffs.
February 10, 2026
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New expressway linking Pashupatinath to Baidyanath Dham proposed, seeking central approval to boost religious tourism.
A 250-km Pashupatinath-Baidyanath Dham high-speed corridor has been proposed, with a detailed proposal sent to the Centre for approval; the project aims to promote religious tourism, cultural exchange and economic activity along a route entering India at Supaul and passing through several Bihar districts, and is presented alongside other expressway initiatives and ongoing India-Nepal border road works totaling 554.08 km.
February 10, 2026
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Parli Thermal Power Station ordered closed for exceeding emission limits and failing pollution control and safety measures.
The Central Pollution Control Board directed the state regulator to immediately stop operation of Parli Thermal Power Station units 6 and 8 for non compliance: units 6-8 operated without a valid Consent to Operate and exhibited PM emissions (87, 85, 91 mg/Nm3) above the 50 mg/Nm3 limit, lacked required online emission and effluent monitoring, discharged untreated sewage and ash into a drain, had effluent pump leakages, missing ash dyke safety audits, no dust suppression at coal yards, and inadequate waste oil management.
February 10, 2026
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Potash exploration in Fazilka approved with Rs 19.03 crore outlay, 21-month timeline and nine-month review.
Approval was granted for a reconnaissance survey potash exploration project in Choharianwali, Fazilka, covering 48 sq km with an approved outlay of Rs 19.03 crore and a 21 month completion period, subject to a programmatic review after nine months and execution by a designated mineral exploration agency under the Trust's sanctioning process.

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After Cong nudge, DMK announces seat-sharing committee for talks with allies

February 11, 2026

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Chennai, Feb 11 (PTI) After its principal ally Congress expressed concern over the "delay" in initiating seat-sharing talks for the upcoming Assembly elections in Tamil Nadu, the ruling DMK has announced that a panel will be formed to commence negotiations from February 22.

The party said the committee will be formed soon by the DMK president and Chief Minister M K Stain.

"The DMK constituency seat-sharing committee, which will be formed soon by the party president, will engage in talks with allies from February 22, once the Assembly session concludes," a release from DMK state headquarters, Anna Arivalayam, said.

The announcement made late on Tuesday came in the wake of the Congress asserting that it began the talks with the DMK, but the latter had not taken any steps from its side to commence the negotiations.

AICC in-charge for Tamil Nadu and Puducherry, Girish Chodankar, on Tuesday expressed concern over the "delay" by the DMK in constituting the seat-sharing committee. Though he had met Stalin and initiated talks on behalf of the national party, the DMK was yet to form its panel to begin discussions, he said, referring to the five-member committee under him that met Stalin in early December 2025.

"We have been waiting since then, hoping that they would immediately start the negotiations and clarify the number of seats and which constituencies we will contest so that we can prepare fully for the elections," Chodankar told reporters in the national capital.

He described it as "saddening" that the DMK has still not constituted the committee or begun talks, adding, "Our leaders are keen and are asking why the alliance talks have not started. But nothing is coming forward from the DMK side." With elections fast approaching, the party required sufficient time to commence poll preparations, he said, adding that he did not know the reason for the delay.

TNCC chief K Selvaperunthagai stressed the importance of early negotiations. "There is no confusion from our side. The DMK has not formed the seat-sharing committee. We told our leaders that finalising the number of seats and identifying constituencies at the last minute would only affect poll preparations," Selvaperunthagai had said.

The DMK further said its cadres were busy with work related to the upcoming assembly elections.

The voters' list revision process has been completed. The party's district secretaries, MPs, MLAs, other office bearers and polling agents have been working hard for the past few weeks in electoral rolls revision exercise, the release said.

"They are working with dedication to reap the fruits of victory, by engaging in numerous activities including membership enrollment, polling booth agents training, etc. Soon, the party's women's wing members will be carrying out a door campaign," it said.

Further, four training sessions for polling station workers including a conference in Tiruchirappalli, continuous poll-related work on the one hand, and the implementation of a series of welfare initiatives through the Dravidian model government on the other, have been going on every day.

A committee has been formed to prepare the election manifesto, and it is touring Tamil Nadu to understand the needs and expectations of the people.

"So far, 75,000 requests and suggestions have been received from the people. The Tamil Nadu government's interim budget will be presented on February 17, and it will be followed with a discussion in the Assembly," the statement said explaining the circumstances for the announcement on the constitution of the seat-sharing panel. PTI JSP JSP SA

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