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    Rupee falls 14 paise to close at 90.70 against US dollar
    Next Crypto to Explode: SBF Seeks New Trial While LayerZero Pumps and AVAX Dumps, But DeepSnitch AI Is the Project Offering a Potential Path to Turn $...
    Himanta hints at increase in tea workers’ daily wages; hikes orthodox tea subsidy
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February 11, 2026
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Indian rupee falls to 90.70 as importer dollar demand, geopolitical tensions and rising oil prices pressure markets.
The rupee fell 14 paise to 90.70 against the US dollar due to importer dollar demand, geopolitical tensions and higher crude oil prices, while foreign portfolio inflows and a softer dollar limited further declines; market uncertainty was compounded by the India-US trade fact sheet outlining tariff reductions and large US purchase commitments.
February 11, 2026
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Sam Bankman Fried seeks a new trial while DeepSnitch AI presale claims large upside amid mixed crypto market performance.
Sam Bankman Fried has filed a motion for a new trial claiming newly available witness testimony could undermine the evidence supporting his 2023 fraud conviction. Separately, the document contrasts rapid token market movements-highlighting LayerZero's volume surge and Avalanche's bearish outlook-and promotes DeepSnitch AI's postponed token generation event and presale mechanics as conferring an informational advantage to early purchasers while providing explicit purchase examples and a general trading risk disclaimer.
February 11, 2026
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Assam tea industry: subsidy for orthodox tea raised and workers urged to receive higher daily wages.
Increase in the state subsidy for orthodox tea production from Rs 10 to Rs 15 per kg is intended to promote exports and production; the government has directed garden managements and tea associations to pass benefits to workers by increasing daily wages and committed to consult workers' organisations. The state also couples this subsidy policy with worker-focused measures including a one-time grant programme and an administrative plan to distribute land pattas to tea garden residents.
February 11, 2026
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DMK-Congress alliance intact; Stalin rules out power sharing and coalition government while highlighting Thozhi hostels policy.
The DMK chief affirms the DMK-Congress alliance is intact and rejects formal power sharing or a coalition government, attributing seat sharing delays and public disputes to isolated intra party issues rather than alliance collapse; he emphasizes that the DMK will retain executive leadership and notes the Thozhi hostels scheme as a key welfare policy.
February 11, 2026
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West Bengal governance criticized for alleged misuse of central scheme funds and failure to submit required utilisation certificates.
Allegations of regulatory non compliance and misuse of centrally sponsored schemes are raised against the West Bengal government, citing irregularities in MGNREGA, non submission of utilisation certificates for PM Awas Yojana, and corruption in PM Poshan Yojana, plus failures to hold mandated Disha meetings and fully implement PM Kisan; the minister also criticised the vote on account for low capital expenditure, continuing borrowing, and skewed allocations while highlighting central budget proposals for infrastructure, SME support, and jute upgradation.
February 11, 2026
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Uttar Pradesh budget 2026-27: Rs 43,565 crore earmarked for new development and social sector schemes.
The Uttar Pradesh 2026-27 budget earmarks Rs 43,565 crore for new initiatives including Rs 575 crore for an MSME-focused industrial zone, Rs 3,500 crore for urban expansion and new city promotion, sectoral infrastructure such as a dairy plant and fish processing facilities, Rs 580 crore for residential girls' schools where Kasturba Gandhi Balika Vidyalayas are absent, and significant allocations for cashless medical coverage for school staff and conversion of primary schools into smart schools under Samagra Shiksha Abhiyan.
February 11, 2026
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UP budget increases health and medical education allocations to expand healthcare infrastructure and insurance coverage.
The state budget increases health-sector funding, raising the Medical, Health and Family Welfare allocation by 15% and assigning funds to major programmes: cashless maternal deliveries under Janani Shishu Suraksha Karyakram, block-level child health teams, Pulse Polio and Japanese Encephalitis vaccination drives, Integrated Disease Surveillance reporting, Ayushman Bharat insurance schemes, the National Rural Health Mission, and district mental health services. It also funds expansion of medical education-including 14 new colleges and a PPP approach for underserved districts-and allocates capital for cancer care, incurable-disease treatment, and AYUSH infrastructure and drug production.
February 11, 2026
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TDS on property purchases: buyers currently bear the deduction liability; petitioner sought institutional safeguards for buyer awareness.
The petitioner argued that buyers of property over Rs. 50 lakh are placed solely liable for TDS despite many purchasers lacking knowledge of the obligation and that no registrar-level verification or administrative awareness mechanism exists; he sought limited procedural directions to establish institutional safeguards at registration to prevent inadvertent defaults, improve voluntary compliance, and protect revenue, without challenging the statutory tax liability.
February 11, 2026
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Occultist accused of killing three people by giving poison-laced ladoos during a ritual and stealing their cash.
An occult practitioner was arrested for allegedly killing three persons by administering poison-laced sweets and drinks during a ritual promising dhanvarsha. Investigators say he instructed the victims to bring cash and refreshments, fed them poisoned ladoos and drinks, took their money after they lost consciousness, and fled. Technical surveillance, call detail records, CCTV and location data placed the accused with the victims; personal effects and cash were recovered and a criminal case was registered while inquiries continue to identify accomplices.
February 11, 2026
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Tourism budget proposes Rs 150 crore for Ayodhya infrastructure and Rs 500 crore for a tourism development scheme.
The budget designates Rs 150 crore for Ayodhya-region tourism infrastructure and Rs 500 crore for a tourism places development scheme, funding specific projects such as completion of the Ram Path approach road, upgrades linking a proposed Vedic wellness precinct to the temple, and allocations for parikrama paths, temple renovation, and tourist facilities at multiple pilgrimage and heritage sites, with initial phases of a Vedic Science Centre completed and increased tourist footfall cited as rationale.
February 11, 2026
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Shooting of migrant labourers in Moga prompts demands for urgent investigation and action against communal targeting.
A shooting injured two migrant workers in Moga; an unverified social media post claimed responsibility and justified the attack. Police are tracing the assailants and probing the incident from all angles. The matter raises issues of targeted violence against migrant workers, potential online incitement, evidentiary questions regarding posted video material, and calls from political leaders for urgent investigation, accountability, and measures to protect migrants and maintain public order.
February 11, 2026
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State budget increases outlays, prioritises social and tech investment, and claims revenue surplus achieved without new taxes.
The Rs 9,12,696.35 crore 2026-27 budget increases outlays by about 12.2 percent, highlights priorities of women's safety, youth employment, farmer welfare and technological investment, and asserts that no new taxes have been imposed. The executive credits improved financial management and plugging tax leakages for transforming the fiscal position from a historically weak classification to a revenue surplus state, indicating reliance on compliance and administrative reform for revenue growth rather than tax increases.
February 11, 2026
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Jupiter International commissions 1 GW mono PERC solar cell unit, doubling capacity to about 2 GW and expanding tech lineup.
Commissioning of a new 1 GW mono PERC solar cell unit at Baddi raised Jupiter International's installed capacity from 959 MW to about 2 GW through its subsidiary Jupiter Solartech Pvt Ltd; the facility targets high efficiency mono PERC production, aims to double the local skilled workforce, and the company plans a further 1.25 GW TOPCon line to strengthen its technology portfolio and support national renewable energy goals.
February 11, 2026
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UP Budget 2026-27 boosts infrastructure and textiles with major allocations and targeted employment and MSME support.
UP Budget 2026-27 designates Rs 27,103 crore for infrastructure and industrial development and over Rs 5,041 crore for handloom and textiles, with targeted scheme outlays including Rs 5,000 crore for industrial area expansion, Rs 2,000 crore for the Atal Infrastructure Mission, Rs 1,000 crore to implement the 2023 incentive policy, and Rs 4,423 crore for the powerloom weavers electricity scheme to support industrial expansion, MSME growth and job creation.
February 11, 2026
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Uttar Pradesh budget focuses on employment generation, youth empowerment and large-scale public recruitment across departments.
State budget prioritizes employment generation and youth empowerment through skill training, device distribution, coaching centres, fellowships, and financial support for entrepreneurship. Recruitment initiatives include over 2.19 lakh police hires since 2017 with ongoing training and further non-gazetted recruitment, Mission Rozgar school appointments and aided-school selections, while MGNREGA person-days exceeded targets, benefiting over 47 lakh families.
February 11, 2026
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India US interim trade deal alleged to cede energy control and harm farmers and textiles; calls to protect data and food.
The India US interim trade deal is alleged to cede control over energy security, permit foreign influence on oil procurement, expose domestic agriculture to American imports that compromise farmers' interests, and threaten the textile sector, prompting calls to protect the population, national data, food supply and the energy system.
February 11, 2026
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India US interim trade agreement criticized as one-sided, risking farmers and the textile sector by opening markets to US imports.
The Opposition alleges the interim trade agreement with the United States is one-sided, allowing increased US agricultural imports that threaten farmer livelihoods and undermining the Indian textile sector, framing the government's action as having sold national interests.
February 11, 2026
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State budget 2026-27 prioritises women empowerment and major police infrastructure and safety funding for working women.
The 2026-27 budget prioritises women centric welfare and law and order infrastructure with a Rs 9.12 lakh crore outlay. Key women's measures include Rs 25 crore for Mission Shakti vehicles for women beat personnel, working women hostels, continued Mukhyamantri Kanya Sumangala payments, BC Sakhi financial activities, milk producer companies under Mahila Samarthya Yojana, and priority cane slips for 60,000 women farmers. Police and safety allocations comprise Rs 1,374 crore for non residential police buildings, Rs 1,243 crore for residential police buildings, Rs 346 crore for new districts, Rs 200 crore for fire station buildings and Rs 190 crore for fire safety and operationalisation of centres.
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.

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Neutrinos Named a Technology Standout in Claims Administration by Celent

February 11, 2026

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Categorized for AI-enabled claims automation and decisioning in life insurance NEW YORK and SINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Neutrinos, a leader in AI-powered intelligent automation for insurers, announced that it has been named a Technology Standout in Celent's Life Insurance Claims Administration System Technical Capability Matrix. Neutrinos_Logo The report evaluated 19 technology platforms supporting life and health insurers based on the sophistication and breadth of their technology, providing an overview of their functionality, customer base, technology, implementation, and support. The report highlights Neutrinos Life and Health Claims Automation Suite with its application of AI, decisioning, adjudication logic, and orchestration across the claims lifecycle, from submission and intake through adjudication and settlement. The platform supports configurable decisioning, complex benefit calculations, and execution with full auditability, while AI helps process documents, validate data, surface information, and streamline claims correspondence. "For years, life insurance companies have relied on manual processing to handle claims, and investments in claims departments have lagged behind new business and other parts of the value chain," said Karen Monks, Principal Analyst, Celent. "As demographic changes accelerate and claims volumes increase, life insurers are looking for systems to automate their claims departments and investigate how to use AI in their claims processes." "Claims are one of the most critical moments of truth in insurance," said Samik Ghosh, CEO and Co-founder of Neutrinos. "They combine sensitive documentation, complex benefit calculations, and human judgment, often under significant emotional pressure. As insurers increasingly apply GenAI in claims, it's important to select automation with structured decision support and clear handoffs to human review, so complexity is handled consistently without losing control." To access a licensed reprint of Celent's report, download a copy here. About Neutrinos Neutrinos is a leader in intelligent automation, empowering insurance enterprises to harness the full potential of AI agents to autonomously execute and optimize complex business processes. Purpose-built for insurers, the Neutrinos platform is uniquely designed to manage and orchestrate all agents, not just those built on Neutrinos. Its AI-native, full-stack architecture unifies complex systems, enables cross-platform orchestration, and powers agentic and autonomous workflows. From underwriting and claims to distribution, Neutrinos brings deep insurance domain expertise, intelligent automation, and pre-built accelerators to help insurers modernize faster, boost operational agility, and deliver seamless customer experiences. Learn more at www.neutrinos.com and follow Neutrinos on LinkedIn. Media Contact: [email protected] 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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