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    Takaichi’s landslide win reflects deep structural, ideological shift in Japan: China
    Budget duped villages, farmers, and deprived classes of society: Surjewala
    Gross NPAs of Scheduled Commercial Banks (SCBs) for domestic operations reach a historic low of 2.15% as of September, 2025
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    Highlights of draft Income Tax Rules, 2026
    Bhagwan Mahaveer Foundation Announces Awardees for the 29th Mahaveer Awards Honouring Champions of Humanitarian Service
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    As part of USD 1 trillion push, Maha govt forms panel to explore textile sector venture capital fund
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    Bhima Jewellery expands its Pan-India Retail Presence with Noida Store Launch
    Best Crypto To Buy Now: Crypto Sentiment Hits 42-Month Low As Bitcoin Hits USD 60k and SOL Dips, But Traders Are Migrating to DeepSnitch AI Amid Growi...
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February 9, 2026
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Japan election result prompts China to defend diplomatic pressure and urge Japan to avoid a return to militarism.
China framed Takaichi's electoral victory as reflecting ideological shifts and defended its diplomatic offensive and restrictive measures taken after her Taiwan related remarks, urging Japan to honour existing political understandings and its pacifist constitution and warning against a return to militarism.
February 9, 2026
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Union Budget cuts allocations for rural, agricultural and social welfare sectors and raises concerns over trade deal clarity.
The Union Budget is criticised for reducing allocations and failing to fund announced rural and agricultural initiatives, with several missions receiving zero allocations and large sums of agri spending unutilised or surrendered; allocations for SC/STs, rural development, education and health are reported cut. The India US trade deal is said to open Indian markets to US agricultural produce without clarity on additional products, raising uncertainty over staples such as milk, cheese and foodgrains.
February 9, 2026
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Gross NPAs of Scheduled Commercial Banks fell to 2.15% after reforms strengthening recognition, resolution and recovery.
Gross NPAs of Scheduled Commercial Banks fell to 2.15% as of September 30, 2025, driven by the Asset Quality Review, the Government's 4Rs strategy and reforms strengthening recognition, resolution and recovery. Public Sector Banks show larger declines (2.50% gross NPA) and improved slippage ratios (0.8% for PSBs versus 1.8% for PVBs). Measures cited include Early Warning Systems, the Insolvency and Bankruptcy Code, SARFAESI amendments, increased DRT jurisdiction, specialised stressed asset verticals, and the Prudential Framework for resolution of stressed assets.
February 9, 2026
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Fake income tax officer arrested after extortion and forgery allegations; forged ID and notices recovered, case registered.
Allegations that an individual posed as an income tax officer to demand payment to avoid tax proceedings gave rise to criminal charges for extortion, forgery and criminal intimidation; police registered a case on complaint, arrested the suspect and recovered a forged ID, a forged departmental letter and a forged notice used to induce payment.
February 9, 2026
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Income tax rules: PAN thresholds for cash, property, vehicles, hotels and insurance updated and crypto reporting added.
The draft rules implement the new Income Tax Act and streamline compliance through consolidated rules and pre-filled digital forms, while setting revised PAN thresholds: PAN mandatory for annual cash deposits/withdrawals above Rs 10 lakh, not required for hotel bills under Rs 1 lakh, required for vehicle purchases above Rs 5 lakh and for immovable property transactions above Rs 20 lakh; PAN also compulsory for account-based insurance relationships. The draft requires crypto exchanges to share information with tax authorities and accepts Central Bank Digital Currency as an electronic payment mode.
February 9, 2026
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Mahaveer Awards announce 29th recipients across Non-Violence, Education, Medicine and Community service; nominations now nationally open.
The Foundation announced the 29th Mahaveer Awards in four categories-Non-Violence & Vegetarianism, Education, Medicine, and Community & Social Service-naming five awardees. Each award carries a cash prize of Rs. 10 lakh, a citation and a memento. The recipients were selected from 267 nominations by an eminent Selection Jury chaired by a former Chief Justice; the Foundation invited nominations for the 30th edition via its website.
February 9, 2026
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Doctor 365's 5th Bollywood Maha Arogya Shivir provided free medical care, screenings and assistive devices to thousands of attendees.
Doctor 365 and R.K. HIV AIDS Research and Care Centre organized the 5th Bollywood Maha Arogya Shivir on January 18, 2026, delivering free general and specialist medical services, diagnostic tests, eye care and assistive devices. The organization reports extensive nationwide charitable activity-tens of thousands of camps, millions of beneficiaries, large-scale distribution of medicines, spectacles and wheelchairs, mass TB and sickle cell screening and treatment-and operation of mobile medical units and ambulance hubs in partnership with state governments.
February 9, 2026
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Maharashtra forms panel to design a venture capital fund for the textile sector to support startups and MSMEs.
A nine member committee chaired by the state textile minister will frame proposals for a dedicated venture capital fund for the textile sector to provide targeted risk capital to startups and MSMEs, supporting innovation, modernisation, value addition, manufacturing growth, exports and employment. The committee will study the fund's structure, size, governance and operational framework; assess funding needs across the value chain; identify best practices and leverage private investment, financial institutions and central schemes; and recommend safeguards, incentives and timelines before submitting its report to the government.
February 9, 2026
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JBCN International Schools secured eight Outstanding Learner Awards, including five Top in the World recognitions in IGCSE and AS/A Level subjects.
JBCN International Schools announced eight learners received Outstanding Learner Awards-five Top in the World and three Top in India-across IGCSE and International AS & A Level examinations, with a strong showing in Mathematics and top scores in Global Perspectives, AS Level Sociology, and Digital Media and Design, attributed to student discipline and mentoring by experienced teachers including trained examiners.
February 9, 2026
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Convocation: problem-solving skills highlighted as key to career success amid AI-driven workplace shifts and graduates honoured with awards.
Problem-solving ability is presented as the decisive factor for career success amid AI-driven reduction of traditional entry-level jobs; education should develop innovative thinking and resilience rather than only intellectual training. The convocation highlighted the PGDM program's alignment with the National Education Policy 2020, industry collaboration and research emphasis, included an interactive career-focused Q&A, and conferred degrees alongside merit and extracurricular awards.
February 9, 2026
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Silver and gold rose on global trends and a weaker dollar, aided by China buying and focus on US macro data.
Silver and gold prices rose sharply on firm global cues and a softer US dollar, with silver up c.6.7% to Rs 2,72,000/kg and 99.9% gold up c.0.8% to Rs 1,58,500/10g. Price gains were driven by international spot increases, domestic buying and speculative flows in silver, while profit-taking limited peaks. Dollar weakness, sustained Chinese central bank gold purchases and anticipation of key US jobs and inflation data were identified as principal market drivers.
February 9, 2026
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Unlisted shares in India: private-equity style investments requiring Demat accounts, off-market transfers, and longer holding periods.
Unlisted shares trade outside recognised exchanges via off-market transfers requiring a Demat account, KYC and depository documentation; pricing is negotiated based on company fundamentals rather than exchange price discovery, liquidity is constrained with longer holding periods, and capital gains taxation depends on holding-period tests-market participants are moving from informal channels to structured platforms and specialist intermediaries.
February 9, 2026
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PAN quoting thresholds raised: mandatory PAN for large cash transactions, vehicle, hotel and property purchases and insurance onboarding.
Draft Income Tax Rules 2026 require PAN for cash deposits/withdrawals aggregating Rs 10 lakh in a year, motor vehicle purchases over Rs 5 lakh (including motorcycles), hotel/event payments over Rs 1 lakh, and immovable property transactions over Rs 20 lakh; PAN will also be required to open account-based relationships with insurance companies.
February 9, 2026
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AuthBridge and Vibrium AI partner to build AI driven conversational verification and cognitive models for faster, more accurate digital trust solutions.
AuthBridge and Vibrium AI will co develop AI powered conversational interfaces and cognitive verification models that integrate generative and cognitive AI into verification infrastructure to improve automation, verification accuracy, real time intelligence, and scalability for secure, enterprise grade digital verification and due diligence.
February 9, 2026
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Frontier Nagaland Territorial Authority enables local decision-making through administrative autonomy and devolved subjects for development.
The Frontier Nagaland Territorial Authority agreement grants administrative autonomy to six eastern districts by devolving 46 subjects to the Authority, establishing a dedicated secretariat, and providing a separate Centre-funded annual budget to enable local decision-making and faster execution of development programmes, aimed at fostering peace, stability, infrastructure, investment, tourism, and employment.
February 9, 2026
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Satellite internet partnership to provide high-speed connectivity to remote and underserved areas under a pilot public-private LoI.
A government entity and a private satellite operator executed a Letter of Intent to run a pilot providing high speed satellite internet to remote, border and underserved areas, connecting CSCs, e governance facilities, schools, PHCs, disaster management rooms, police outposts, ports and industrial parks. A Joint Working Group of both parties will coordinate implementation, capacity building and training, with sectoral focus on education, healthcare, security, maritime operations, highway safety and industrial connectivity to support digital inclusion where terrestrial infrastructure is limited.
February 9, 2026
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Union budget cuts to capital expenditure and rural allocations worsen investment shortfalls and hinder growth momentum.
The budget reduces capital expenditure for both Centre and state-advance-funded projects during a period of weak public, private and foreign investment, contributing to lower gross fixed capital formation and slower nominal growth. The budget's fiscal consolidation path is criticised as slow under the FRBM framework and dependent on one-off central bank transfers and expenditure cuts. The document further identifies notable sectoral reductions-agriculture, rural development, state grants and targeted scheme outlays-that are said to undermine rural infrastructure, manufacturing capacity and employment initiatives.
February 9, 2026
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Bhima Jewellery opens Noida showroom offering 22 carat, 100% BIS certified jewellery and expanded pan India retail presence.
Bhima Jewellery opened a new Noida showroom (P17, Sector 18) as part of pan India expansion, offering 22 carat gold, 100% BIS certified products, transparent pricing, and a modern retail experience. The launch reflects a strategy of responsible geographic growth, omnichannel development, and maintaining legacy commitments to purity, craftsmanship, ethical business practices, and consistent quality controls across product categories.
February 9, 2026
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Crypto market plunges into extreme fear as traders rotate into DeepSnitch AI presale for on chain risk monitoring and bonuses.
Market sentiment has plunged into "extreme fear" after Bitcoin and major altcoins fell sharply, prompting capital rotation toward DeepSnitch AI, an AI-driven platform offering live agents that monitor market movement, sentiment, and on-chain risk. AuditSnitch provides instant smart-contract scans with simple verdicts, and the project is in a rising presale stage with promotional bonus codes increasing token allocations; the article pairs this promotional presale narrative with a standard high-risk trading disclaimer.
February 9, 2026
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Domicile certificate applications at KMC surge amid electoral roll revision, prompting centralized verification and expedited issuance to assist voters.
KMC received 18,605 domicile certificate applications during the SIR exercise; 18,482 were forwarded for police field verification, yielding 16,555 enquiry reports, 14,590 certificates issued and 1,287 rejections. A centralised mechanism routes borough applications to KMC headquarters and the sector collector for police checks, with final approval by a WBCS-rank officer and borough-level issuance. Dedicated counters and guidance on documents such as Aadhaar and rent receipts were issued to expedite processing for voters under electoral roll revision.

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Second Edition of Art de Vivre à la française to be unveiled at India Design ID 2026

February 11, 2026

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A Celebration of French Excellence in Design, Creativity, and Lifestyle Innovation -- France celebrated as Country of Honour -- 18th– 22nd February 2026 | NSIC Grounds, Okhla, New Delhi NEW DELHI, Feb. 11, 2026 /PRNewswire/ -- As part of the India-France Year of Innovation 2026, Business France and the Embassy of France in India are proud to unveil the second edition of Art de Vivre à la française at India Design ID 2026, where France will be celebrated as the Country of Honour. Held at the NSIC Exhibition Grounds in Okhla, New Delhi, India Design ID attracts professionals, buyers, luxury brands, cultural institutions, and media from across the country and abroad. This prestigious event will bring together the finest of French craftsmanship, contemporary creativity, and lifestyle innovation. Presented as a highlight of the India-France Year of Innovation 2026, this edition reinforces the vibrant dialogue between design and savoir-faire, illustrating how French and Indian creativity converge to shape the aesthetics, materials, and art de vivre of the future. Attending the event, H.E. Mr. Thierry Mathou, Ambassador of France to India, said, "I am delighted to witness the remarkable success of the latest edition of the Art de Vivre à la française exhibition, showcasing the finest of French excellence in design, creativity, and craftsmanship. Being held under the India-France Year of Innovation banner, this event combines the excellence of the French lifestyle industry with innovation to build ambitious and inspiring collaborations between our two countries." A 350m2 Immersive Exhibition Celebrating French Excellence The exhibition will feature a 350m2 scenographic space designed to immerse visitors in the elegance, refinement, and vision that define l'art de vivre à la française. The curated showcase will spotlight the mastery and innovation of 16 leading French Houses and creators, spanning tableware and crystalware, contemporary design objects, home accessories, decorative textiles and interiors, lighting, furniture, sound equipment, fashion, gastronomy and leather goods. List of participating French Houses: ASSOULINE: The world's leading luxury publishing house, renowned for its beautifully designed books celebrating culture, travel, fashion, and lifestyle. Its volumes are considered both cultural references and decorative art objects. (www.eu.assouline.com / www.altiusluxury.com) BACCARAT: Baccarat embodies the ultimate French art de vivre, shaped since 1764 by a collective of master artisans. Renowned for crafting the world's purest crystal, the Maison sets the benchmark for contemporary elegance through a constant dialogue between heritage and innovation. (www.baccarat.com/en_fr/) CASAMANCE & MISIA: MISIA creates prestigious, high-quality fabrics and wallcoverings, offering collections that provide an emotional and sensorial interlude for interior design connoisseurs. The brand is known for its meticulous color palettes, patterns, and textures. (www.casamance.com / www.misia-paris.com) CRISTAL BENITO: French family atelier specializing in exquisitely crafted crystal objects. Their refined, hand finished pieces embody traditional expertise and luxury French artistry. (www.cristal-benito.fr) DASSAULT SYSTEMS: HomeByMe is a suite of 3D interior planning and product configuration solutions developed by Dassault Systèmes (the 3DEXPERIENCE Company) to help both consumers and businesses design, visualize, plan, and sell home interiors in 3D. (www.3ds.com) DAUM: Daum is an iconic French crystal maison renowned for its artistic heritage and exceptional craftsmanship. Historic French leader of pâte de verre, producing collectible glass sculptures in collaboration with leading artists and celebrated worldwide for its mastery of pâte de verre, an ancient and highly complex glassmaking technique. (www.daum.fr / www.altiusluxury.com) DEVIALET: French audio innovator with 250+ patents, known for its Phantom Ultimate and high-fidelity speakers. The brand blends cutting-edge engineering with elegant design to deliver powerful, immersive sound. (www.devialet.com) GALERIES LAFAYETTE MUMBAI: Galeries Lafayette, the legendary 130-year-old Parisian institution, marks its Indian debut through a strategic alliance with the Aditya Birla Group. More than a department store, Galeries Lafayette Mumbai is a 'retail-tainment' destination designed to transcend conventional shopping. (Galeries Lafayette India / Home - ABFRL) LAC – HUMIDORS: Specialist in crafting luxury cigar humidors, watch winders, and leather cases from rare materials, combining Riviera craftsmanship with innovative engineering. Their pieces reflect French excellence, exclusivity, and timeless design. (www.lac-humidors.fr) LE CREUSET: Global icon since 1925, Le Creuset produces premium, handcrafted enameled cast iron cookware made in France. Celebrated for durability, colour innovation, and culinary performance, the brand remains a favourite among chefs and design conscious consumers worldwide. (www.lecreuset.in) LUX TEMPORIS: Specialist in designing kinetic, bioinspired lighting that merges robotics with artisanal savoir-faire. Their poetic, moving light sculptures transform interiors through delicate, nature inspired motion and materials. (www.luxtemporis.com) NATHALIE BORDERIE: French glass artist Nathalie Borderie creates expressive sculptures using the fusing technique, blending colour, texture, and light. Her couture influenced pieces combine glass, crystal, and metal to produce unique, collectible artworks. (https://nathalieborderie.fr) NATTIOT: Specialist in designing creative, sustainable children's rugs and accessories made in India, Belgium, and Turkey. Using OEKOTEX® certified materials, the brand offers practical, safe, and playful decor for modern families. (www.nattiot.fr) ST. DUPONT: The iconic French luxury Maison renowned worldwide for its exceptional savoir-faire in fine writing instruments, lighters and leather goods. (www.st-dupont.com) WATERFALL AUDIO: Known for its handcrafted glass loudspeakers blending haute couture aesthetics with advanced acoustic engineering. Made in Provence, their iconic designs combine glass, wood, aluminium, and French developed technologies for exceptional sound clarity. (www.waterfallaudio.com/en) L'OPÉRA: A French pâtisserie brand celebrating the refinement, precision, and emotion of French pastry. Rooted in classical French savoir-faire and elevated through contemporary creativity, L'Opéra reinterprets iconic pâtisserie codes with elegance and modernity. (L'Opéra India – French Bakery) Indian guest designer at the 2026 edition: KLOVE: A luxury design and lighting studio known for its hand-blown glass lighting fixtures, sculptural objects, and bespoke installations that blend artistry with spatial design. Klove aims to spotlight and promote an Indian designer, celebrating India's creative talent and craftsmanship while fostering cross-cultural dialogue within the global design community. (www.klovestudio.com) Indo-French Design Dialogues on 19th February 2026 As part of the programme, India Design ID will host the Indo-French Design Dialogues on Thursday, 19th February, co-organized by the Indo-French Chamber of Commerce and Industries (IFCCI) and Business France in partnership with Atout France, and bringing together influential voices from both countries — including senior representatives from Mobilier National, Atout France, Galeries Lafayette, leading Indian and international designers and architects like Vikram Goyal, Ashiesh Shah, India Mahdavi as well as French luxury and design houses. The discussions will explore design innovation, material intelligence, creative collaboration, and the shared values that connect India and France. This flagship event will celebrate the excellence of French and Indian Art de Vivre while highlighting design as a cultural bridge, where creation and identity mutually inspire and enrich one another. A Key Highlight of the Franco-Indian Year of Innovation 2026 By positioning Art de Vivre à la française at the heart of the Year of Innovation, France and India reaffirm how traditional savoir-faire and contemporary innovation mutually reinforce each other. Celebrating craftsmanship is not only about preserving heritage — it is also about inspiring new creative processes, integrating cutting-edge technologies, and promoting sustainable, future oriented design. This edition, therefore, highlights the capacity of French and Indian artisans, designers, and creative industries to transform ancestral techniques into modern solutions, fostering business partnerships and cross-cultural collaboration that shape the innovations of tomorrow. Business France extends its special appreciation to its institutional partners — the Indo-French Chamber of Commerce and Industry (IFFCI), the Institut Français en Inde (IFI), Atout France, Alliance Française, Ameublement Français, Mobilier National, La French Tech India , Francéclat as well as to our private partners Air France, l'Opéra, Klove, The Works, Lyra Network, ESI Group, Cooperl, Bacardi, Monin, Jaipur Rugs, Creaticity, Aaron Fernandes Entertainment and Furtado s whose support and collaboration have been instrumental in making this edition possible. About Business France Business France is the public agency supporting the international development of the French economy. It assists companies in expanding abroad, promotes exports, attracts foreign investment to France, and develops the V.I.E programme connecting companies with young talent for international assignments. With more than 1,400 employees in France and 53 countries, Business France helped generate €1.8 billion in additional export revenue for French SMEs in 2024, creating or planning over 31,010 jobs. The agency supported 66% of 1,688 foreign investment decisions in 2024, representing 69% of the 37,787 jobs projected to be created or maintained within three years. For more information and media inquiries, please contact: Embassy of France in India 2/50E Shantipath, Chanakyapuri New Delhi 110021, India Logo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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