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    Bank can extend collateral free loan up to Rs 25 lakh to MSEs with good track record
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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.
February 9, 2026
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Haryana civil aviation forms technical committee to frame SOPs and directs departments to upgrade and maintain state aerodromes.
A high-level technical committee, chaired by the Accountable Manager of the Civil Aviation Department, will prepare a Standard Operating Procedure (SOP) strictly in accordance with DGCA guidelines and examine technical staffing needs. The Public Works Department must prepare cost estimates and execute runway and allied safety works and conduct monthly inspections with reports to the Civil Aviation Department and Deputy Commissioners. The Horticulture Branch must ensure vegetation clearance and obstacle management, while Deputy Commissioners are designated nodal officers for inter-departmental coordination and timeline monitoring.
February 9, 2026
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SASCI financing in Jammu and Kashmir accused of creating a debt trap amid allegations of budget under spend and governance failures.
The assembly debate challenged the SASCI financing mechanism as a potential debt trap, alleging market borrowings with extended repayment risk mortgaging public assets; members also raised substantive budgetary concerns including low capital expenditure, many projects with zero spending, possible administrative paralysis or dual power structures impeding implementation, and broader governance issues such as under prioritisation of public health, substance abuse, youth unemployment, and school closures. The government defended SASCI as long term infrastructure financing with up to 50 years' repayment.
February 9, 2026
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DGCA issued 352 show cause notices to airlines; penalties, warnings and compliance monitoring were reported.
DGCA issued 352 show cause notices to scheduled commercial airlines over two years, with penalties imposed in 139 cases, warnings in 113, and satisfactory replies in seven; airline specific enforcement details were not provided. The regulator reported mechanisms to monitor aircraft induction, On Time Performance and route rationalisation, and noted eight aircraft had been inducted this year to date.
February 9, 2026
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India-US trade deal alleged to be one-sided, with tariff concessions threatening domestic manufacturers and farmers.
Allegations assert the India-US trade agreement contains asymmetric market access commitments-reportedly requiring large-scale US exports to India while US tariffs on certain Indian goods persist-amounting to tariff "weaponisation" that will harm domestic manufacturers and farmers, especially textiles. The legislative demand is for full disclosure of the pact's specific terms to Parliament and the public so stakeholders can assess and plan for the economic impact.
February 9, 2026
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Digital frauds prompt RBI SoP adoption, bank alert duties and a framework for compensation to digital arrest victims.
Large-scale digital frauds requiring prevention, identification and redress necessitate that banks fulfil a bank fiduciary responsibility by issuing alerts for atypical transactions, using AI monitoring and placing temporary debit holds; regulators should adopt and implement a Standard Operating Procedure, coordinate RBI, telecommunications and other stakeholders to freeze and trace illicit transfers and identify mule accounts, and establish a framework for compensation while enabling unified investigations by a federal probe agency.
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.

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Delhi: Occultist held for killing 3 people with poison-laced 'ladoos' in name of 'dhanvarsha'

February 11, 2026

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New Delhi, Feb 11 (PTI) An occult practitioner has been arrested for allegedly killing three people here by feeding them poison-laced "ladoos" in the name of performing a ritual promising 'dhanvarsha', a windfall, police said on Wednesday.

The accused, identified as Kamruddin alias Baba, a resident of Firozabad in Uttar Pradesh, was operating a so-called tantric centre in Loni and Firozabad and was wanted in two different murder cases registered in Rajasthan and Uttar Pradesh.

"He was apprehended following a detailed technical and field investigation. He was involved in a well-planned conspiracy to eliminate the victims and rob them of cash and valuables," Deputy Commissioner of Police (Outer) Sachin Sharma said.

The officer said Kamruddin lured his targets by promising them a windfall gain through 'tantric' rituals. After gaining their confidence, he allegedly administered to them poison mixed in ladoos and made them have liquor and soft drinks before fleeing with their money once they fell unconscious.

"The case came to light on February 8 when a PCR call was received at Paschim Vihar East Police Station regarding three people, including a woman lying unconscious inside a car," the officer said.

A police team rushed to the spot and found an elderly man, aged around 76, seated in the driver's seat, a 42-year-old man who had been taken out of the vehicle by passersby, and a woman, around 40, lying inside the car.

"All three were shifted to Sanjay Gandhi Memorial Hospital, where doctors declared them brought dead. During inspection of the vehicle, police recovered liquor bottles, cold drink bottles, empty glasses, mobile phones, cash, helmets, jackets, Aadhaar cards and other personal belongings and documents," Sharma said.

The three were identified as Randhir (76), a resident of Baprola, Shiv Naresh (42), a property dealer from Nagli Dairy, and Laxmi (40), a resident of Jahangirpuri, he said.

Family members of the deceased ruled out suicide and expressed suspicion over the circumstances of their deaths, prompting police to initiate an investigation.

The police said technical surveillance and call detail record analysis revealed that all three were in contact with Kamruddin in the days leading up to the incident and had visited Loni in Ghaziabad – first on the day before the incident, and then again on the day they were found dead.

The police found that one more person was in the car when the three were returning to Delhi.

"Further analysis established that the person was Kamruddin, who had boarded the vehicle in Loni and later abandoned it at the place where it was found," the officer said.

The DCP said Kamruddin, after he was apprehended, tried to mislead investigators but failed to provide satisfactory explanations about his movements.

Upon sustained questioning, he disclosed that around two months ago, Laxmi had been introduced to him through a person named Salim, a resident of Jahangirpuri. Laxmi subsequently introduced Shiv Naresh and Randhir to him.

The police said Kamruddin convinced the three victims to perform a special "pooja" for 'dhanvarsha' and instructed them to arrange Rs 2 lakh in cash along with liquor and cold drinks for the ritual.

On the day of the incident, he allegedly prepared poison-laced ladoos and accompanied the three in a car from Loni to Delhi. During the journey, he offered them liquor, cold drinks and the poisoned sweets as part of the "ritual." "As per his disclosure, after the victims consumed the poison-laced laddoos and drinks, they started feeling unwell and eventually lost consciousness. He then took away the cash and fled," the officer said.

The police said evidence corroborated Kamruddin's presence in the car at the relevant time. CCTV footage from the route, electronic surveillance and location data also supported the sequence of events reconstructed by the investigators.

The officer said Kamruddin is a habitual offender and has previously been involved in two murder cases of the same nature in Rajasthan and UP.

"He was earlier booked in 2014 under sections 143, 363 and 302 of the IPC at Raja Khera Police Station in Dholpur in Rajasthan. He was also named in another FIR in 2025 under sections 103(1) and 123 of the BNS at Makhkhanpur Police Station in Firozabad in UP," the officer added.

The police have registered a case at Paschim Vihar East Police Station. Further investigation is in progress to identify any possible accomplices. PTI SSJ SSH/BM VN VN

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