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February 11, 2026
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India-China ties: focus on an updated air services agreement, visa facilitation, export control concerns, and border tranquillity.
The dialogue recognised the need for early conclusion of an updated air services agreement, continued practical steps for visa facilitation and people-to-people contacts, and efforts to address concerns on export control measures affecting critical minerals, all framed within a strategic, long-term approach to deepen trust, expand cooperation and maintain peace and tranquillity in border areas.
February 11, 2026
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DeepSnitch AI presale raises $1.53M offering AI analytics tokens, amid MicroStrategy Bitcoin purchase and investor risk warnings.
DeepSnitch AI raised approximately $1.53 million at a presale price of $0.03906, promoted for its five agent AI analytics suite that provides contract analysis, risk scoring, scam flags, breakout spotting and sentiment/FUD alerts, with tiered presale bonus incentives (30% on $2K+; 300% on $30K+). The article also reports Strategy's reported purchase of ~1,140 BTC for $90 million at an average ~$78,800 per coin and includes an explicit investor risk disclaimer advising independent financial advice and disavowing liability.
February 11, 2026
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India-US interim trade pact protects sensitive agricultural and dairy sectors while reducing reciprocal tariffs to 18%.
India has preserved full non concessional treatment for specified sensitive agricultural and dairy goods - maize, wheat, rice, soya, poultry, milk, cheese, ethanol, tobacco, certain vegetables and meat - by not granting duty concessions under the interim trade pact with the US, and where limited access exists it is constrained by tariff rate quota mechanisms; reciprocal tariffs for labour intensive exports are reduced to 18% to enhance competitiveness.
February 11, 2026
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Equity markets open higher then turn choppy as Sensex gains about 213 points and investors book profits.
Equity benchmarks opened higher but turned volatile as investors booked profits after early gains; the Sensex rose about 213 points to 84,487.34 and the Nifty reached 26,009.40. Early sector movers included Mahindra & Mahindra, Titan, Tata Steel and others as gainers, with HCL Technologies, Trent, Bharat Electronics, ITC and major industrial names lagging. Brent crude rose to USD 69.32 and institutional flows showed FIIs net buyers of about Rs 69.45 crore while DIIs bought around Rs 1,174.21 crore.
February 11, 2026
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Asian markets rose as weak US retail data weighed on yields and raised prospects of future monetary easing.
Asian equities rose after disappointing US retail sales reduced Treasury yields and raised prospects of US monetary easing; forthcoming US labour and inflation reports were flagged as key for rate decisions. Company earnings and a revised takeover offer in the media sector caused stock-specific moves, while oil, precious metals and currency fluctuations accompanied the market response.
February 11, 2026
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DMK announces seat-sharing committee to start talks with allies from Feb 22 and election preparations continue.
DMK will form a seat-sharing committee, to be constituted by party president M. K. Stalin, and begin talks with allies from February 22 after the Assembly session ends. The move responds to Congress concerns about delay; DMK cited ongoing election operations-voter list revision, cadre mobilization, polling agent training, manifesto committee tours and the interim budget on February 17-as reasons for the timing.
February 11, 2026
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Rupee weakens as India-US trade fact sheet on tariff cuts and large US purchases fuels importer dollar demand and commodity risk.
The rupee fell to 90.62 driven by importer dollar demand and geopolitical tensions after an India-US trade fact sheet outlined tariff reductions on US industrial and agricultural goods and large purchase commitments; analysts identify 90.00-90.20 as key support with 91.00-91.20 as potential upside, while rising Brent crude threatens to widen India's import bill and exert pressure on the currency.
February 11, 2026
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RBI draft exempts certain NBFCs with under Rs1000 crore assets from registration, subject to conditions, and invites comments.
The Reserve Bank proposes that NBFCs not availing public funds and without customer interface with asset size below Rs.1000 crore be exempted from registration, subject to conditions specified by the RBI; the draft also prescribes procedures for deregistration or conversion of existing registered entities, including Type I NBFCs, and is accompanied by FAQs and a public consultation process.
February 11, 2026
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Urban Cooperative Banks: draft rules raise unsecured-advance limits, increase aggregate ceiling, deregulate certain housing loan terms, comments invited.
The draft Amendment Directions rationalise the definition of unsecured advances, increase individual loan limits and raise the aggregate ceiling for such advances to 20% of total advances, enhance the consumer durable lending limit to nominal members to Rs.2.5 lakh, deregulate housing loan tenor and moratorium for Tier 3 and Tier 4 UCBs, and impose additional disclosure requirements, with public comments invited by March 4, 2026 via Connect 2 Regulate or email.
February 11, 2026
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Dubai International Airport hit 95.2M passengers and will shift operations to Al Maktoum after a $35B upgrade by 2032.
Dubai International Airport, run by state owned and state linked entities, reached 95.2 million passengers in 2025 and faces urban and cost pressures from rapid aviation driven growth. Authorities plan to transfer operations to Al Maktoum International Airport after an estimated $35 billion upgrade, targeting a 2032 operational move to leverage larger expansion capacity and reconfigure long term aviation infrastructure.
February 11, 2026
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India US interim trade agreement cuts tariffs to 18% but is criticised as asymmetrical and harmful to textile competitiveness.
The interim Indo US trade agreement reduces reciprocal tariffs on Indian goods from 25% to 18% and eliminates a prior punitive 25% tariff on Indian crude; opposition commentary characterises the pact as asymmetrical, a "coerced opening" that concedes more than India gains and undermines textile export competitiveness relative to Bangladesh.
February 11, 2026
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White House revises trade fact sheet: removes 'pulses' and softens India purchase commitments language.
The White House revised its interim US-India trade fact sheet to remove "pulses" from the list of US agricultural products on which India will eliminate or reduce tariffs and to change wording from India "committed" to buy over $500 billion of US goods to India "intends" to buy more American products and purchase over $500 billion of specified US goods.
February 11, 2026
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Supreme Court to hear challenges on detention of activist, money laundering case, service pay and police reforms.
The Supreme Court will hear petitions challenging the detention of climate activist Sonam Wangchuk; a state chief minister's challenge to Enforcement Directorate money laundering proceedings; a petition concerning pay and allowances of members of the Uttar Pradesh State Consumer Dispute Redressal Commission; and a petition concerning police reform.
February 11, 2026
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Puducherry interim budget to be tabled Feb 12, Vote on Account to fund departments pending a full budget.
An interim budget will be tabled on February 12 by the Chief Minister acting as finance minister via a Vote on Account to authorize departmental expenditures for the initial months of fiscal 2026-2027; the Assembly will also pass supplementary grants for the current fiscal year because imminent elections prevent presentation of a full budget, with the House comprising thirty elected and three nominated members.
February 11, 2026
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KSDL appoints Tamannaah as brand ambassador, sparking debate over non-Kannada selection and business-driven committee choice.
KSDL's selection committee appointed Tamannaah Bhatia as a two-year brand ambassador for a reported Rs 6.20 crore fee, defending the merit-based, market-oriented choice because several Kannada actors were ineligible due to other endorsements and Mysore Sandal sales are concentrated outside Karnataka (approx. 8-12% in-state), prompting both political and social-media criticism framed as an attack on local talent and counter-arguments stressing commercial strategy and export-oriented expansion.
February 11, 2026
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2026 27 state budget to prioritize inclusive development, poverty welfare, youth empowerment, farmer prosperity and women's dignity.
The 2026-27 state Budget is positioned as a policy instrument to found long term economic transformation toward Viksit Bharat 2047 and a USD 1 trillion state economy, offering a coordinated action plan emphasizing poverty alleviation, youth empowerment, farmer prosperity, women's dignity, and targeted public investment within the routine legislative budget presentation process.
February 11, 2026
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USTR deletes X post after map depicted Pakistan-occupied Kashmir and Aksai Chin as part of India.
The US Trade Representative removed an X post that displayed a map showing Jammu and Kashmir, including Pakistan-occupied Kashmir, and Aksai Chin as part of India; the map accompanied a bilateral interim trade framework announcement and the deletion reflects sensitivities about depicting disputed territories in official social media communications.
February 11, 2026
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Regularisation of daily wagers to be initiated this year; Budget ties industrial incentives to local employment and funds key welfare locally.
The government will initiate regularisation of daily wagers this year and has prioritised job creation, infrastructure, targeted welfare across agriculture, animal husbandry, fisheries and dairy, and youth entrepreneurship through Mission YUVA. The administration will fund six free LPG cylinders from its own resources, extend free bus travel to persons with disabilities, promote EV bus services, and require industrial beneficiaries of subsidies, land and power concessions to prioritise employment for local youth.
February 11, 2026
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Appointment of Bal Jogi Pargat Nath to lead advisory board to develop Ram Tirath as an international Dalit heritage centre.
The Punjab government appointed Bal Jogi Pargat Nath as chairman of the advisory board of the Bhagwan Valmiki Ji Tirath Sthal shrine board and signalled a policy to develop Ram Tirath as an international centre of Dalit faith, heritage and spiritual philosophy to promote recognition of Dalit contributions and the values of equality, dignity and social justice.
February 11, 2026
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Indo-US trade deal could harm J-K dry fruit and horticulture economy, and CM defends the pro-people Budget.
Omar Abdullah warned that the India-US interim trade deal allowing duty-free imports of tree nuts could harm Jammu and Kashmir's dry fruit and horticulture economy and urged protection for local walnuts, almonds and apples. He defended the Budget as pro-people and growth-oriented, noting capital expenditure at 36% (rising by March 31), distinguishing prior higher revenue spending due to loan settlements, assuring salaries and pensions are safe, and highlighting investments in agriculture, horticulture, dairying and rural economic strengthening.

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WORLD CLIMATE ACTION LEADERS, CITIZEN GROUPS, CORPORATES TO CONVERGE IN MUMBAI FOR GLOBAL SOUTH'S FIRST MUMBAI CLIMATE WEEK

February 11, 2026

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• Over 100 institutions, 400 speakers including Bill Gates, Hillary Clinton, Union Ministers, International governments, Sachin Tendulkar, Cosmonauts, among those in attendance. • From 17–19 February 2026, Mumbai will host the inaugural Mumbai Climate Week (MCW) MUMBAI, India, Feb. 11, 2026 /PRNewswire/ -- Over three days, the city will become a Global South climate leadership stage, as heads of government, global and Indian business leaders, climate innovators, philanthropies, youth and community voices come together to move from climate dialogue to action. With entry by invitation and registration, but free, climate enthusiasts are expected to attend in the thousands. Citizens can register on www.mumbaiclimateweek.com. MCW will do this through a central hub at the Jio World Convention Centre and a citywide network of campus, community and cultural events that showcase and scale real-world climate solutions. The global conversation on climate is being led by award-winning NGO Project Mumbai and is supported by the Government of Maharashtra, the Environment and Climate Change Department, MMRDA and the Brihanmumbai Municipal Corporation (BMC). It positions Mumbai as a living testbed for climate solutions that can be scaled across India and other Global South cities. Speaking about MCW, Maharashtra Chief Minister Devendra Fadnavis said, "Mumbai Climate Week showcases India's resolve to lead with action on climate, from the city level to the global stage. As Mumbai hosts leaders from across India and the world, including governments, businesses, financiers, experts and young people, we are sending a clear message that Maharashtra is ready to work with all partners to build cleaner, safer and more resilient futures for our citizens and for the Global South." "Mumbai has always been a city of grit and imagination, and Mumbai Climate Week is where that spirit meets the climate crisis at scale. This is India's first citizen-led climate movement at this level, where ministers, businesses and experts share the same space as students, frontline workers and neighbourhood volunteers, and where Mumbai can signal what climate leadership from the Global South really looks like," said Shishir Joshi, CEO & Founder, Project Mumbai and MCW. The week follows a hub-and-spoke model. The three-day central hub at Jio World Convention Centre will host leadership dialogues, thematic tracks, the MCW Innovation Challenge, the Youth Green Innovation Challenge and a solutions exhibition arena. Day 1 at the hub will also feature an Earthshot Prize debut evening focused on nature, food systems and people. Presented exclusively at Mumbai Climate Week, the world's most prestigious and impactful environmental award, The Earthshot Prize founded by HRH Prince William, will bring together global climate innovators, frontline solution-builders from the Global South, and leading voices from across India, to spotlight scalable solutions and inspire mass public engagement with climate action. Spoke events have already begun across campuses, neighbourhoods and cultural institutions, and will continue through MCW, including roadshows, art and media activations, and a Sustainability Mela that takes climate action into everyday spaces. MCW will also feature a special space–themed session where Indian space heroes Rakesh Sharma and astronaut Shubhanshu Shukla, both Ashoka Chakra awardees, interact with school students as well as global leadership on 18 February to link space exploration, science and climate responsibility. MCW is powered by a broad partnership architecture. IDFC FIRST Bank is the Principal Partner. Monitor Deloitte serves as Strategic Knowledge Partner, and Tata Institute of Social Sciences (TISS) and IIT Bombay are Academic Partners. VaartaVaran is MCW's citizen-speak platform, inviting people to share their climate perspectives unfiltered. Through talks, poems, storytelling, song and other creative formats, it brings everyday experiences and emotions around climate into the heart of Mumbai Climate Week. Thematic partners and ecosystem contributors include Eversource Capital, India Climate Collaborative, Shakti Sustainable Energy Foundation and World Resources Institute (WRI) India, along with international networks such as Climate Group and C40, and business and industry platforms including Mahindra Group and Indian Merchants Chamber. YuWaah! by UNICEF is the Youth Engagement Partner. Delegations are expected from over 30 countries, alongside leaders from Union and state governments, multilateral agencies, financial institutions, industry, philanthropy, civil society, academia and youth networks, with MCW's success defined by solutions funded, partnerships formed, policies influenced and communities empowered after the week. Global and national leadership at MCW Mumbai Climate Week will feature an eminent line-up of global and Indian leaders shaping climate action across policy, finance, business and civil society. Confirmed international speakers include Hillary Clinton, Bill Gates, Rajiv Shah, representing The Rockefeller Foundation; Imad Fakhoury, Regional Director, South Asia, International Finance Corporation (IFC), World Bank Group; Amanda Leland, Executive Director, Environmental Defense Fund; and Clarisa De Franco, Senior Advisor, Allied Climate Partners. From India's public sector there is an expected galaxy of leadership in attendance which include Shri Bhupendra Yadav, Union Minister for Environment; Union Minister for Renewable Energy Pralhad Joshi, Minister for External Affairs S. Jaishankar, Chief Minister Devendra Fadnavis, Corporate Affairs Minister Piyush Goyal, among others. Indian leadership including business and finance leaders such as Noel Tata, (Chairman Tata Trusts), V. Vaidyanathan (Managing Director & CEO, IDFC First Bank), Amit Chandra (Managing Director, Bain Capital PE India), Ankur Gupta (Managing Partner, Brookfield Asset Management), Jamshyd Godrej (Chairman and Managing Director, Godrej & Boyce), Nadir Godrej (Managing Director, Godrej Industries), Schneider Electric Global CFO Esther Finidori, UNEP Global Head Martin Krause, UNICEF India head Cynthia McCaffrey, Anjalli Ravi Kumar (Chief Sustainability Officer, Zomato), Pratik Agarwal (Chairman, Serentica Renewables) and Sameer Shisodia (CEO, Rainmatter Foundation) will bring perspectives on capital flows, markets and corporate climate action. The philanthropy and knowledge ecosystem will be represented by Rohini Nilekani (Chairperson, Rohini Nilekani Philanthropies), Soumya Swaminathan (Chair, M. S. Swaminathan Research Foundation), Manoj Kumar (Founding CEO, Naandi Foundation), Satyajit Bhatkal (CEO, Paani Foundation), Mridula Ramesh (Founder, Sundaram Climate Institute), Seema Paul (Program Director, India, Sequoia Climate Foundation), Shishir Sinha (Executive Director, Clean Air Fund), Dr Veena Srinivasan (Director, WELL Labs) and other research and impact leaders. MCW will also see participation from leading voices in Indian cinema who have championed environmental causes, including actor and UN Environment/UN SDG advocate Dia Mirza and actor Bhumi Pednekar, known for her 'Climate Warrior' initiative and work on sustainable lifestyles and the SDGs. Across the three days, plenary sessions on sub-national climate action, future cities and climate finance will bring together Chief Ministers and senior leaders from Indian states, underscoring the role of states and cities in driving net-zero, climate-resilient growth. First Ever Citizen Speakers Corner: Mumbai Climate Week will provide a free speaking opportunity to speakers, especially citizens. Across three days, all those who register on the website, for Varta Varan, will get a free speaking slot. Three pillars and theme partners MCW's programme is structured around three core focus areas that sit at the heart of India's climate and development agenda: food systems, energy transition and urban resilience. The food systems pillar is anchored by India Climate Collaborative (ICC), working with a coalition of leading organisations across agriculture, nutrition, markets and finance. The energy transition pillar is supported by partners such as Shakti Sustainable Energy Foundation, Eversource Capital and ISEG Foundation, alongside sectoral experts and ecosystem collaborators. The urban resilience stream is anchored by WRI India in partnership with the HT Parekh Foundation and India Climate Collaborative as thematic partners. Detailed Agenda: A detailed agenda of all three thematic pillars and session-wise programming is available on the MCW website. https://www.mumbaiclimateweek.com/inside-the-hub/ Innovation, youth leadership and citizen engagement Innovation is a cornerstone of Mumbai Climate Week. The MCW Innovation Challenge, led by the National Stock Exchange of India (NSE) as Innovation Challenge Partner, will invite early-stage and growth-ready innovators from startups, civil society, academia and the wider climate ecosystem to present high-impact solutions across three themes. Marico Innovation Foundation, Social Alpha are supporting the Innovation challenge while Climate Collective Foundation has curated a "Climate Redesign Challenge" contest for innovators. Finalists will receive mentoring and visibility and will pitch live at the MCW hub to policymakers, funders, industry leaders, philanthropies and global climate networks. Children and young people will be at the heart of MCW through a dedicated partnership with UNICEF India and YuWaah, the official Youth Engagement Partner for Mumbai Climate Week 2026. Together with Project Mumbai, they will lead youth engagement throughout January and February via a Campus Roadshow and the Youth Green Innovation Challenge for young changemakers aged 16–24. Youth-led innovations across food systems, urban resilience and energy transition will be showcased during MCW, connecting young people directly with experts, policymakers and funders. Beyond the convention centre, MCW's hub-and-spoke design activated a Sustainability Mela and a range of community experiences, including public talks, film screenings, art and culture events, neighbourhood walks and citizen workshops across Mumbai. These activities are designed to make climate action accessible, inclusive and rooted in everyday life, so that residents from diverse backgrounds can see, shape and participate in solutions. Exhibition Arena: The Hub will also host an Exhibition Arena where startups, companies, universities and NGOs showcase practical climate solutions across the themes. Exhibitors are expected to include groups such as Godrej Group, IDFC FIRST Bank, Mahindra Group, Hindustan Unilever and Mirik Tech, alongside impact-led enterprises and community initiatives, giving MCW participants a chance to see and interact with real prototypes and pilots from India and the wider Global South. The exhibition will be open throughout the three days of MCW, enabling policymakers, investors and citizens to discover solutions, offer feedback and explore opportunities for collaboration and scale. A new kind of climate week for India and the Global South Mumbai Climate Week offers a distinctly Indian and Global South–led model for climate action, rooted in citizen engagement and city-level implementation. It reflects India's resolve to lead with action on climate, as highlighted by state and city leadership in positioning MCW as a maiden, global-level climate summit for February 2026. With its Public–Private–People partnership architecture and hub-and-spoke design, MCW aims to become an annual platform where leaders, communities and partners return each year to track progress, scale successful pilots and co-create the next generation of climate solutions from Mumbai for India and the Global South. About Mumbai Climate Week Scheduled from February 17 to 19, 2026, at the Jio World Convention Centre, Mumbai Climate Week will be more than a three-day event. Its impact will be extended through preparatory activities before and synthesis efforts after the main conference, including workshops, case studies, films, testimonials, and follow-up reports. By mobilizing India's vibrant network of climate-focused organizations and movements, it will highlight the nation's pioneering efforts in climate action while charting a bold path forward. Conceptualised & initiated by Project Mumbai, a citizen-driven non-profit founded in 2018, and, in partnership with Government of Maharashtra's Department of Environment and Climate Change, and supported by Brihanmumbai Municipal Corporation, MCW reflects the vision of a dynamic megacity from the Global South stepping into a role of global climate leadership. About Project Mumbai Project Mumbai, founded in 2018 by a former renowned journalist and social entrepreneur Shishir Joshi, is a pioneering not-for-profit initiative that works as a trusted bridge between citizens, government, and private institutions to co-create solutions for the city's most pressing challenges. With a focus on participatory governance, community engagement, and public service, Project Mumbai has consistently mobilized people and partnerships to deliver impact at scale—from mental health initiatives and waste management drives to urban mobility solutions and disaster relief. Its citizen-centric model has earned recognition nationally and internationally as an example of collaborative problem-solving rooted in transparency, trust, and accountability. Logo: https://mma.prnewswire.com/media/2831726/5737009/MCW_Logo.jpg' alt='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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