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    UP presents record Rs 9.12 lakh cr budget for 2026-27 ahead of assembly polls next year
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February 11, 2026
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Uttar Pradesh budget focuses on employment, infrastructure, health and a three percent fiscal deficit cap under prudent debt management.
A record Rs 9.12 lakh crore budget emphasises capital spending (19.5% of outlay), a three per cent fiscal deficit ceiling, and commitments to prudent debt management. Major sectoral allocations include education (12.4%), health (6%) and agriculture (9%), with detailed appropriations for medical education, new medical colleges, rural health mission funding, national health protection and AYUSH. Economic measures fund infrastructure and industrial promotion, an investment incentive pool, defence corridor projects, MSME support, IT and AI initiatives, and expanded skill-development and PPP employment centres.
February 11, 2026
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India-US trade deal reducing tariffs raises fears for Kashmir's horticulture while some see competition improving quality.
The interim India-US trade agreement reduces tariffs and permits duty-free imports of tree nuts and apples, raising concerns that tariff reductions will disadvantage Jammu and Kashmir producers, intensify financial stress on marginal farmers, and threaten horticulture-linked livelihoods; some stakeholders counter that competition may improve quality and stabilize prices, while growers' groups call for protective duties to preserve local agriculture.
February 11, 2026
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Akasa Air co-founder Praveen Iyer resigns and will assist leadership in a structured transition through April 30, 2026.
Akasa Air co-founder and Chief Commercial Officer Praveen Iyer has resigned after five years and will partner with the leadership team to ensure a smooth, structured transition through April 30, 2026; he is an Executive Committee member and his departure follows an earlier co-founder exit, with the airline operating 33 Boeing 737 MAX aircraft.
February 11, 2026
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IndiGo will implement the approved FDTL scheme and put rostering and monitoring arrangements in place to comply.
Following operational disruptions and time-limited FDTL exemptions, the carrier advised the regulator it will implement the approved FDTL scheme and fully comply with statutory provisions, placing operational, rostering and monitoring arrangements in effect from February 11, 2026, while the regulator imposed financial penalties, required a bank guarantee, directed management accountability measures and maintained real-time oversight during the exemption period.
February 11, 2026
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National Song protocol, publisher notice, and UAPA report requirement highlight administrative directives and investigative review.
The Home Ministry directed that all six stanzas of Vande Mataram must be sung before the National Anthem when both are performed. The Lok Sabha Speaker ordered the secretariat to amend a defective notice to remove the Speaker to prevent its rejection. Delhi Police issued a notice to a publisher for clarifications about circulation of an unpublished manuscript. The Supreme Court required the National Investigation Agency to file a sealed report justifying invocation of stringent unlawful-activities provisions in a case linked to district-level violence.
February 11, 2026
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Public Financial Management System (PFMS) upgrades mandate single platform payments, enable just in time DBT and add CRM grievance redressal.
PFMS is mandated as the single platform for government payment, accounting and reconciliation, integrating cash management modules including TSA and SNA and enabling real time tracking. SNA SPARSH and SPARSH DBT ensure just in time releases and direct crediting to beneficiaries. System enhancements to DBT include partial acceptance of claim files and advance sharing of Aadhaar data. A CRM based Grievance Redressal System provides ticketing, automated acknowledgements, status tracking and FAQs, supplemented by regular Open House sessions for user support and feedback.
February 11, 2026
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Budget proposal allocates funds for tap water expansion, solar parks, youth interest-free loans, and road upgrades.
The budget allocates Rs 6,800 crore for tap water-Rs 4,500 crore for village household connections under CM Jal Jeevan Mission and Rs 2,300 crore for urban drinking water-and Rs 2,950 crore for new solar parks in Bikaner and Jaisalmer; it also provides interest-free loans and grants up to Rs 10 lakh for 30,000 youth under the CM Self-Employment Scheme and designates Rs 1,400 crore for non-patchable roads and Rs 600 crore for missing-link roads.
February 11, 2026
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Lok Sabha proceedings disrupted by Opposition protests during Question Hour, prompting walkout, suspensions and Speaker's nonattendance.
Opposition disruptions during Question Hour led to a walkout after the Chair curtailed attempts to raise questions; thirteen questions and supplementaries were taken up. Ministers addressed renewable energy and railway land acquisition in replies. The Speaker has refrained from attending until a no-confidence motion notice against him is settled, and recent unruly behaviour resulted in multiple member suspensions for the Budget session, which also prevented the Prime Minister from responding to the Motion of Thanks on the President's address.
February 11, 2026
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India and US envoys meet in Beijing to discuss defence, energy, critical minerals and Quad cooperation.
India and US envoys met in Beijing to emphasise cooperation on defence, energy, critical minerals and Quad engagement, following an interim trade deal and marking their second meeting since December when they had met alongside the Japanese ambassador.
February 11, 2026
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Office transformation: 5.98M sq. ft. delivered, design standards boosting engagement, flexibility, wellness and sustainability.
Space Matrix reports delivery of 5.98 million sq. ft. in FY25, asserting the office as a strategic asset that transforms GCCs into innovation hubs. It emphasizes adoption rates for design interventions-50-75% unassigned seating and 95-97% certified wellness rooms-linking these to improved engagement, cognitive performance, talent strategy, and a 67% construction-waste recycling rate under its Re-source programme.
February 11, 2026
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Kochi Marathon: Ranjit Singh and Abhilasha Sanjeev won the full marathon; prizes totaling Rs. 15 lakh were distributed.
The 4th Federal Bank Kochi Marathon saw Ranjit Singh and Abhilasha Sanjeev win the men's and women's full marathon titles with times of 2:28:53 and 3:10:26 respectively; top-three finishers received cash prizes of Rs. 1,25,000, Rs. 1,00,000 and Rs. 75,000 and medals, and prizes totaling Rs. 15 lakh were distributed across multiple distance and age-group events.
February 11, 2026
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iHub-Data launches six-month AI/ML training for women engineers with internship opportunities; apply by Feb 20.
iHub-Data at IIIT Hyderabad will run a six-month intensive AI/ML training program for recent women engineering graduates, combining theory and hands-on applied learning with weekly on-campus classes. The curriculum spans classical and contemporary techniques to build industry- and research-relevant problem-solving skills. Selected graduates may receive a three-month online internship placement at iHub-Data to work on real-world projects; participation is cohort-based and subject to an application deadline.
February 11, 2026
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Lok Sabha Speaker removal notice found defective; amendment ordered to prevent rejection and motion will be listed after reconvening.
Notice to remove the Lok Sabha Speaker was found defective due to incorrect dates, and the Speaker directed the secretariat to amend the notice to prevent rejection; upon receipt of the revised notice a speedy review will be conducted and the motion will be listed after the House reconvenes. The removal notice was filed under the constitutional removal procedure, the Speaker will not sit in the chair until the motion is resolved, and the constitution grants the Speaker an opportunity to defend in the House while limiting his casting of a deciding vote in a tie.
February 11, 2026
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Uttar Pradesh Budget 2026-27 sets fiscal deficit at 3% and boosts education, health and skill programs.
Uttar Pradesh presented a Rs 9.13 lakh crore Budget for 2026-27, adopting the 16th Central Finance Commission recommendation that sets the fiscal deficit limit at three per cent through 2030-31. The Budget allocates 12.4% to education, 6% to health and 9% to agriculture, prioritises capital investment and infrastructure, and mandates mission-mode, employment-oriented skill development with expanded training centres, women-specific centres, and public private partnership arrangements for job placement.
February 11, 2026
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Jute stockholding ban proposal may disrupt procurement and risk farmer distress; balers call for stakeholder consultations.
The IJMA proposed a ban on private stockholding of raw jute to curb rising prices, while the Jute Balers' Association argues such a ban would disrupt balers' procurement, grading and storage roles, risk distress sales by farmers, concentrate control with mills, and undermine price stability and uninterrupted supply; it asks the textile ministry to hold stakeholder consultations rather than accept an immediate prohibition.
February 11, 2026
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Online car insurance issuance uses verified vehicle data, mandatory e KYC, secure payment gating and instant digital policy delivery.
Real-time vehicle data validation via official registries and industry databases verifies vehicle details and prior insurance; mandatory e KYC using Aadhaar or PAN plus electronic consent are required; secure payment confirmation is a precondition to policy generation; automated consistency checks block issuance until discrepancies are corrected; and a Customer Self Service portal provides 24/7 access to issued policy documents and service functions.
February 11, 2026
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BPTP Capital City named Iconic Brand of the Year - Commercial, highlighting sustainability and institutional-grade commercial design.
BPTP Capital City was recognised as Iconic Brand of the Year - Commercial for its integrated master planning, institutional-grade infrastructure, and sustainability-focused design. The mixed-use development offers Grade-A offices and curated retail and holds IGBC and LEED Platinum certifications as well as WELL Core Platinum Certification, supported by energy-efficient systems, smart water management, green mobility features, and people-centric public spaces.
February 11, 2026
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India enter the ICC T20 World Cup 2026 as favourites with a settled squad, new captaincy and strong pre tournament form.
India enter the ICC T20 World Cup 2026 as defending champions and co hosts with Gambhir as coach and Suryakumar Yadav as T20I captain; a settled core (Abhishek Sharma, Tilak Varma, Varun Chakravarthy et al.) and strong recent series results underpin their status as favourites in Group A alongside Pakistan, the USA, Namibia and the Netherlands, with squad balance and venue conditions cited as key operational determinants of tournament prospects.
February 11, 2026
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Illicit tobacco trade: industry urges Track & Trace, enforcement support, and joint action to protect supply chains and revenue.
Philip Morris India urges a coordinated industry-government response to curb illicit tobacco by supporting enforcement, information sharing, and capacity building, advocating a Track & Trace mechanism to distinguish illegal from legal products, and providing market intelligence-via retail surveys-and training to customs and tax officials to identify contraband, while highlighting seizures and transnational smuggling techniques that underline the systemic nature of the illegal cigarette market.
February 11, 2026
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Zoho CRM deployment at Acme Brick enhances customization, integration with legacy systems, adoption, and ongoing vendor support.
Zoho implemented Zoho CRM at Acme Brick, completing a full migration and delivering custom functions, deep legacy integration, and ongoing vendor support across 40+ locations; integration with the third party business intelligence platform enabled in CRM reporting and increased user adoption, while Zoho emphasizes data privacy controls through ownership of its data centres and a privacy pledge.

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Markets open higher; turn choppy amid mixed global trends

February 11, 2026

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Mumbai, Feb 11 (PTI) Equity benchmark indices started on a positive note on Wednesday, with Sensex rising over 200 points in early trade, amid mixed trends from global markets.

However, both indices later turned volatile as investors booked profits at higher levels.

The 30-share BSE Sensex advanced 213.42 points, or 0.25 per cent, to 84,487.34 in early deals. The 50-share NSE Nifty rose 74.25 points to 26,009.40.

Among the Sensex constituents, Mahindra & Mahindra, Titan, Tata Steel, Maruti Suzuki India, State Bank of India, Sun Pharmaceuticals, NTPC, Hindustan Unilever, Tech Mahindra and Bajaj Finance were the gainers.

HCL Technologies, Trent, Bharat Electronics Ltd, ITC, Tata Consultancy Services, PowerGrid, Adani Ports, Larsen & Toubro and UltraTech Cement were the laggards.

In Asian markets, South Korea's Kospi, Hong Kong's Hang Seng, and Shanghai's SSE Composite index are trading higher. Japan's Nikkei 225 benchmark remained closed for trading on Wednesday on the account of National Foundation Day.

The US equities market ended lower in overnight deals on Tuesday.

Brent Crude, the global oil benchmark, rose 0.76 per cent to USD 69.32 per barrel.

Meanwhile, foreign institutional investors (FIIs) bought equities worth Rs 69.45 crore on Tuesday, while domestic institutional investors outnumbered the FIIs by acquiring the stocks worth Rs 1,174.21 crore, according to exchange data.

On Tuesday, the 30-share BSE Sensex climbed 208.17 points to close at 84,273.92, while the 50-share NSE Nifty rose 67.85 points to finish at 25,935.15. PTI HG HG DR DR

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