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    Kanpur Lamborghini crash adds to long list of luxury car accidents in India
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February 9, 2026
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Luxury car crashes causing injuries and deaths highlight overspeeding, drunk driving, and charges from rash driving to culpable homicide.
A pattern of high speed luxury car collisions in India has produced injuries and deaths, prompting police arrests, FIRs, vehicle seizures and charges ranging from rash and negligent driving to culpable homicide; contributory factors cited include overspeeding, drunk driving, seat belt noncompliance and incidents involving drivers linked to affluent families, with at least one case raising juvenile trial issues and widespread public outrage over perceived impunity.
February 9, 2026
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Rupee volatility driven by importer dollar demand and an India-US interim trade framework reducing bilateral import duties.
Rupee volatility reflected competing forces-equity gains and foreign inflows versus risk-off sentiment and importer-driven dollar demand-set against an India-US interim trade framework reducing bilateral import duties and signalling large Indian purchases of US goods, with broader context from reserve gains, equity inflows, and commodity price movements.
February 9, 2026
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Anil Ambani Group alleged Rs 40,000 crore banking and corporate fraud is being probed under money laundering provisions.
A specialised investigative team has been constituted to probe alleged Rs 40,000 crore banking and corporate fraud by the Anil Dhirubhai Ambani Group under the Prevention of Money Laundering Act, with authority to file additional Enforcement Case Information Reports, examine alleged diversion of public funds and dubious financial transactions, and pursue asset attachment and restitution arising from suspected collusion, connivance and conspiracy among company executives.
February 9, 2026
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MSME lending: collateral-free loan limit raised to Rs 20 lakh; banks may extend to Rs 25 lakh under internal policy.
RBI amended the Master Direction on MSME lending to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, mandating banks not accept collateral for loans up to that amount and advising the same limit for PMEGP units. Banks may, under internal policy and based on borrowers' track record and financial position, dispense with collateral up to Rs 25 lakh and may use Credit Guarantee Scheme cover where applicable; voluntarily pledged gold and silver within the threshold will not breach the mandate. The amendments aim to strengthen last mile credit delivery and align MSME lending with other regulatory changes.
February 9, 2026
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LTCG tax abolition proposed for individual investors and a statutory inflation-linked wage adjustment urged.
Demand to abolish Long-Term Capital Gains tax for individual equity investors, arguing that pairing an elevated Securities Transaction Tax with LTCG disincentivises retail investment and that LTCG should be nil when STT is raised; also urging a statutory, inflation-linked wage adjustment formula for corporate, factory and gig workers, alongside proposals to address foreign portfolio investor outflows, increase public healthcare spending, and implement a blockchain-based land and property registry.
February 9, 2026
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Himachal Pradesh finances face cuts: rollback of subsidies, staff reductions, and pension migration to plug a major revenue shortfall.
Discontinuation of the Revenue Deficit Grant would create a fiscal shortfall-eliminating a funding source equal to 12.7% of the budget-and compel measures such as rolling back subsidies, abolishing long vacant posts, downsizing institutions, halting pay revisions, and migrating from the Old Pension Scheme to the Unified Pension Scheme to unlock borrowing, while causing inability to meet pay/pension arrears, DA/DR installments, and other liabilities.
February 9, 2026
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Ukrainian actor in Torres investment fraud case denied bail due to alleged large scale scheme and flight risk.
The accused is alleged to have participated in a criminal conspiracy under Platinum Hern Pvt Ltd's Torres scheme, a combination of Ponzi and MLM operations that collected Rs 148.89 crore from 14,964 investors by promising immediate and weekly returns on investments in moissanite, gold and diamonds. The court denied bail citing the nature, gravity and magnitude of the offence, ongoing related investigations with other registered crimes, absconding principal accused, and a real risk of the accused fleeing or tampering with prosecution evidence.
February 9, 2026
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Lamborghini crash in Kanpur: medical exam to assess fitness to drive; FIR filed, vehicle seized and investigation ongoing.
Police registered an FIR against an unidentified driver for rash and negligent driving after a Lamborghini crash that injured six; the car was seized and sent for mechanical inspection, CCTV is being analysed to determine speed, and the suspected driver will undergo medical tests to assess whether epilepsy or another condition contributed, with subsequent scrutiny of driving licence issuance and RTO procedures if medical unfitness is found.
February 9, 2026
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EPS-95 pensioners: 47.04 lakh receive under Rs 9,000 monthly; minimum pension remains Rs 1,000 via budget support.
EPS-95 is a Defined Contribution-Defined Benefit scheme funded by employer contributions of 8.33% of wages and a central government contribution of 1.16% on wages up to Rs 15,000; all benefits are paid from the Employees' Pension Fund. Currently 47.04 lakh of 82.11 lakh active pensioners receive less than Rs 9,000 monthly, and the government provides a minimum pension of Rs 1,000 per month through budgetary support in addition to the 1.16% contribution. The fund is valued annually under paragraph 32 to determine long term viability and account for future liabilities.
February 9, 2026
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Enforcement action seizes crypto and cash from Ahmedabad call centre that coerced victims into gift card payments.
Enforcement action targeted an Ahmedabad call centre that coerced foreign victims into gift card and digital payments, converted proceeds into cryptocurrency via online platforms with assistance from foreign nationals, and laundered most funds through cash, crypto and informal channels; investigators seized cryptocurrency (~USD12,000), unaccounted cash (Rs13.5 lakh), documents and devices, froze 31 bank accounts and a locker, and transferred seized crypto to an agency wallet for investigation.
February 9, 2026
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India energy procurement prioritises diversification and national interest; companies make market-based sourcing choices for secure, affordable supply.
India's energy procurement policy is guided by national interest and operationalised through supply diversification to ensure adequate availability, fair pricing, and reliability of supply; oil companies make sourcing decisions based on market conditions, assessing availability, risks, costs, logistical and financial factors alongside internal accountability and fiduciary responsibilities.
February 9, 2026
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Commerce minister meeting exporters to discuss US tariff reductions and EU FTA implications for export sectors.
A ministerial consultation will discuss a US framework reducing reciprocal tariffs on Indian goods from 25% to 18% and the removal of previously imposed 25% punitive tariffs, in the context of concluded negotiations with the European Union and sectoral impacts on textiles, leather and footwear, and gems and jewellery.
February 9, 2026
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Digital fraud, electoral roll revisions, and restrictions on animal sacrifice were addressed with directives and procedural orders.
Procedural and supervisory actions include directing courtroom assault allegations to senior judicial administration, deferring appellate review of a competition law penalty, setting aside an interim stay on relocating an administrative commission, ordering expedited out of turn hearing of a conviction challenge, refusing to cancel bail in a medical negligence prosecution, upholding prohibition on animal sacrifice with limited prayer rights at a religious site, protecting electoral roll revision from impediments, and directing the central administration to draft a multi stakeholder SOP to tackle large scale digital financial fraud.
February 9, 2026
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Lok Sabha Speaker removal notice proposed over disallowing opposition speeches, suspension of MPs, and alleged unaddressed allegations.
Opposition parties are preparing a notice under Article 94-C to move a resolution for the removal of the Lok Sabha Speaker for disallowing the Leader of the Opposition and others from speaking on the Motion of Thanks and for the suspension of eight opposition MPs; over 100 MPs have signed the draft notice, and opposition leaders have sought revocation of the suspensions and permission to debate, while the Speaker said he would consult the government before responding.
February 9, 2026
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Unpublished military memoir circulated online prompts FIR and Special Cell probe into unauthorized pre-release distribution.
An FIR alleges unauthorized circulation of a pre-print copy of an unpublished book by the former Chief of Army Staff after a PDF and finished cover image surfaced online without required clearance; the case has been registered with the Special Cell to investigate the purported leak or breach, identify the source, and examine distribution via social media and online platforms.
February 9, 2026
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Banks may extend collateral-free loans up to Rs 25 lakh to MSEs based on their track record.
Banks may dispense with collateral for loans to Micro and Small Enterprises up to a base limit of Rs 20 lakh and, based on the MSE unit's good track record and financial position, increase that dispensation up to Rs 25 lakh under their internal policy; banks may use Credit Guarantee Scheme cover where applicable and accepting voluntarily pledged gold and silver for loans within the collateral-free limit will not breach the mandate. The amended lending directions become effective April 1, 2026.
February 9, 2026
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Pakistan will invest USD 1 billion in AI by 2030 to build an AI ecosystem and scale education and workforce training.
The government committed USD 1 billion to build a national AI ecosystem by 2030, to be supported by an AI curriculum rollout in federally run schools and in Pakistan occupied Kashmir and remote Balochistan, 1,000 fully funded PhD scholarships in AI by 2030, and a nationwide program to train one million non IT professionals in AI skills to expand research capacity and workforce upskilling.
February 9, 2026
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India-US trade pact grants quota-based auto duty cuts and tariff reductions, expanding preferential market access for key sectors.
The pact calibrates tariff concessions and quota mechanisms to grant reduced or zero duties on specified industrial and agricultural exports, using immediate and phased eliminations, tariff reductions, margins of preference and Tariff Rate Quotas for sensitive items; automobiles, medical devices and electric vehicles are managed through quotas, phased schedules or exclusions, while select agricultural products receive zero additional duty and highly sensitive items remain exempt.
February 9, 2026
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Rahul Gandhi accused of systematic disruption of parliamentary proceedings and undermining constitutional institutions, BJP says.
BJP accuses Rahul Gandhi of systematic disruption of parliamentary proceedings and deliberately undermining constitutional institutions by obstructing sittings, evading substantive debate, and converting Parliament into a political battleground. The party cites obstruction of the President's Address, tearing papers at the Speaker's chair, heckling, absences from Budget debates, and alleged foreign contacts and remarks as illustrative conduct, framing these acts as demonstrating disregard for democratic norms and parliamentary decorum.
February 9, 2026
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India's energy procurement will be guided by national interest, keeping multiple and diversified crude oil supply sources.
National interest will be the determinative principle for India's energy procurement, with policy emphasising the maintenance of multiple suppliers and diversification of crude oil sourcing to ensure stability and security; sourcing decisions will be taken based on assessed national interests.

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ICC T20 World Cup 2026: Defending Champions India Start as Favourites at Home

February 11, 2026

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Defending champions India will be showcasing their strengths in front of their fans Delhi, India (NewsVoir) Defending Champions and Co-Hosts India kick off their 2026 ICC T20 World Cup campaign on February 7 against the United States of America, who are currently mired by the suspension of USA Cricket ahead of the mega-event in India.

After winning the 2024 T20 World Cup held in the USA and the West Indies, India bid adieu to Rohit Sharma, Virat Kohli, and Ravindra Jadeja as the experienced trio walked away from the shortest format of the game at the international stage.

With Gautam Gambhir taking charge of the Men in Blue, Suryakumar Yadav was appointed as the captain of the Indian team in T20Is, as Abhishek Sharma, Tilak Varma, and Varun Chakravarthy stamped themselves as ever-presents for India.

The Suryakumar-led side has since then grown leaps and bounds as India has solidified their spot at the top of the ICC T20I rankings. Abhishek and Tilak have grasped two of the top three spots in the batters’ rankings, while Varun Chakravarthy is ruling the roost in the bowlers’ list.

Placed in Group A alongside arch-rivals Pakistan, the USA, Namibia, and the Netherlands, the Men in Blue should be one of the favorites to reach the Super Eight stage. Let’s have a look at how India heads into the tournament and whether their preparations are up to the mark as they will be defending the coveted trophy in front of their fans: India’s record since the 2024 T20 World Cup Triumph Indian cricket fans would have expected a topsy-turvy start to their new era, but Gambhir and Suryakumar have quashed their doubters by winning every T20I series in the build-up to the 2026 ICC T20 World Cup.

Suryakumar kicked off his captaincy era with a bang against Sri Lanka and Bangladesh as the Men in Blue clean-swept both of their neighbors. While India won all three matches against Sri Lanka, including a win in the Super Over, the Men in Blue completely annihilated Bangladesh in all three fixtures, especially the 133-run win in the dead rubber, courtesy of a Sanju Samson century.

While India got off to a good start to the Suryakumar era, their real test was yet to come as Gambhir’s men travelled to the rainbow nation to face South Africa for a 4-match T20I series.

Both Samson and Tilak scored two centuries each to help India register a 3-1 win in the series, where they were expected to be heavily challenged by the Proteas. Chakravarthy scalped 12 wickets in 4 matches, including a 5-wicket haul in the only match India lost, as the seamers failed to support the spinners on a sluggish surface.

England then toured India in January 2025, and the Men in Blue were clinical yet again, winning the series 4-1. After India had already wrapped up the series 3-1, Abhishek Sharma’s blitz of 135 runs off 54 balls helped India win the dead rubber by an emphatic margin of 150 runs.

After winning the England series, India’s next T20I assignment came in September as the Men in Blue won the Asia Cup, defeating arch-rivals Pakistan thrice in a span of two weeks to lift the coveted trophy.

After winning the Asia Cup, the Men in Blue went down under and defeated Australia in their own backyard, followed by a 3-1 win against South Africa at home and are now on course to win the New Zealand series as well, which is the last stop on the road to the 2026 ICC T20 World Cup.

Squad Abhishek Sharma, Sanju Samson (wk), Ishan Kishan (wk), Tilak Varma, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel (vc), Washington Sundar, Harshit Rana, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah, Kuldeep Yadav.

Key Players for India The Men in Blue have the privilege of the playing XI being packed with a plethora of match-winners, with the likes of Shreyas Iyer and Kuldeep Yadav failing to break into the playing XI.

#1 Abhishek Sharma The left-hand batter is mentored by Yuvraj Singh, the hero of India’s 2007 ICC T20 World Cup and 2011 ICC Cricket World Cup triumphs. It would be fair to say that Abhishek Sharma has emerged as the most prominent player in the last two years, smashing 1199 runs at a strike rate of more than 190.

The ability to smack the ball out of the ground, maximum after maximum, has hurt opposition sides in the last two years, showcased by Abhishek’s stats of 2 centuries and 7 half-centuries. When we look at Sharma’s numbers in India, the average and strike rate both improve massively as the southpaw has scored 501 runs in 13 innings at a strike rate of 206.17.

#2 Hardik Pandya Hardik Pandya is the most experienced T20I player in the side.

The vice-captain of the Indian team in the 2024 ICC T20 World Cup triumph was arguably left high and dry as the captaincy armband was passed on from Rohit Sharma to Suryakumar Yadav after Gambhir’s appointment. Nonetheless, Hardik Pandya has proved to be undroppable with his crucial ability to score runs at a fast pace in the middle overs and often provides the finishing touches as well.

Pandya enjoyed a memorable 2024 year in T20I cricket and has often been deployed as the second seamer in the run-in to the 2026 T20 World Cup. The all-rounder’s capabilities of taking the new ball and swinging it both ways has often proven to be a masterstroke, especially against left-hander opening batters.

#3 Varun Chakravarthy Varun Chakravarthy was made the scapegoat of the embarrassment handed to India in the 2021 ICC T20 World Cup as the Kolkata Knight Riders’ mystery spinner failed to adjust to the pitches on offer in the United Arab Emirates.

Since then, the former architect has developed a couple of new variations in his mystery spin bowling and has also improved the fielding and batting aspects of the game, becoming more than a single-trick pony as he was often called back in 2021.

The spinner has scalped 55 wickets in 28 matches since the end of the 2024 T20 World Cup at a brilliant average of less than 13. The KKR spinner would be ready to unleash havoc with India playing its matches across the spin-friendly pitches of Colombo and Chennai, while bowling in Mumbai or Delhi could prove to be a challenge for the No. 1-ranked bowler in T20Is.

Predicted Playing XI India: Abhishek Sharma, Sanju Samson (wk), Tilak Varma/Shreyas Iyer, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah.

Contributed by- Mohak Arora, Parimatch Sports analytics expert (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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