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February 10, 2026
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fischer opens a national subsidiary in Saudi Arabia to support major construction projects and local production.
fischer has opened a national subsidiary in Saudi Arabia, headquartered in Riyadh with offices in Jeddah, Dammam and Tabuk and a production site in Dammam, strengthening its regional presence alongside Dubai and Qatar to supply fastening, fac ade and fire-protection solutions for major construction projects including Jeddah Tower, the Red Sea Project, the Solitaire Mall and Riyadh International Airport.
February 10, 2026
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GFTN and Startup Policy Forum announce collaboration to accelerate fintech innovation and cross-border startup growth.
A memorandum of understanding between GFTN and SPF establishes a strategic collaboration to accelerate fintech and digital innovation via coordinated policy engagement, ecosystem development, and programmes supporting cross border growth of Indian startups. The partnership will enable structured regulator industry dialogue, strengthen global-India innovation corridors, and facilitate knowledge exchange on digital finance infrastructure, responsible AI, digital assets, cross border payments, and regulatory innovation to support international expansion and capacity building.
February 10, 2026
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Forbes Global Properties launches Mission 2030 to set standards for branded luxury real estate, focusing on quality, governance and investor links.
Mission 2030 is a standards-led strategic vision to develop branded residences, commercial assets, and institutional advisory in India, prioritising selective partner criteria, asset excellence, transparency, governance, sustainability, and long-term value creation as prerequisites for endorsement and market linkage to global capital.
February 10, 2026
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Tina Ambani to be re-summoned for questioning under PMLA over alleged money trail linked to Manhattan condominium.
Enforcement agency to reissue summons to Tina Ambani to record her statement under the Prevention of Money Laundering Act concerning an alleged money trail linked to a Manhattan condominium; the probe alleges sale proceeds were remitted via a sham investment arrangement during a corporate insolvency resolution process and has produced arrests, ECIRs, a special investigation team, and asset attachments.
February 10, 2026
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Russian oil exports face sanctions, shipping bans and tariffs, sharply reducing revenues and prompting higher taxes and borrowing.
Sanctions on major oil producers, bans on refined products and shipping restrictions, plus interdictions of shadow tankers, have cut export receipts by widening discounts on Russian crude and disrupting payment and logistics channels; in turn, the government has raised taxes and increased borrowing to offset lost oil-related tax revenues.
February 10, 2026
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Kanpur Lamborghini crash: police cite CCTV and witnesses placing owner's son at wheel, despite lawyer's denial.
Investigation focuses on competing claims about who drove the Lamborghini: defence counsel says the designated driver was at the wheel, while police rely on CCTV footage, eyewitness accounts and other evidence to identify the accused-the owner's son-as driver. The FIR was amended from an unidentified driver to name the son, the vehicle has been seized for forensic examination, and police have attempted notice service and taken administrative steps pending further evidentiary development.
February 10, 2026
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Shatak Dhwaj Yatra begins at Lal Chowk with Bhagwa flag waved, marking RSS centenary and nationwide march.
The Shatak Dhwaj Yatra began at Srinagar's Lal Chowk with the Bhagwa flag waved there for the first time since Independence, launching a nationwide procession marking the Rashtriya Swayamsevak Sangh's 100-year centenary; the first leg ended in Ludhiana with a 100-biker rally, cultural celebrations and a felicitation ceremony, and the events are linked to the promotional release of the commemorative film Shatak: Sangh's 100 Years.
February 10, 2026
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US-India interim agreement talks and US tariff reduction on Bangladesh to 19% highlighted alongside regional election and conflict coverage.
US and India are cooperating to finalise an Interim Agreement toward a broader bilateral trade arrangement, while the United States has reduced applied tariffs on Bangladesh to 19 per cent; the release also notes related electoral developments in Nepal, Bangladesh, and Japan and ongoing coverage of Pakistan and the Russia-Ukraine conflict.
February 10, 2026
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Markets extend third day rally as Asian peers and foreign inflows lift benchmarks amid trade optimism.
Equity benchmarks extended a three day rally as positive Asian peers and sustained foreign institutional inflows supported gains; optimism over an interim trade framework with the United States and strength in US markets boosted investor sentiment while markets awaited US employment and CPI data to guide Fed policy. Foreign institutional investors bought equities worth Rs 2,254.64 crore and Brent crude eased slightly, with several large caps among the session's gainers and select financials and consumer names lagging.
February 10, 2026
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US-India trade framework requires India to cut tariffs, boost US purchases, and negotiate digital trade and supply chain rules.
The United States and India will implement a framework toward an Interim Agreement aiming to conclude a Bilateral Trade Agreement; India will eliminate or reduce tariffs on US industrial and specified agricultural goods and commit to significant purchases of US products, while the US will adjust reciprocal tariffs. The parties will continue negotiations on remaining tariffs and non-tariff barriers, rules of origin, services and investment, intellectual property, government procurement, digital trade rules including removal of digital services taxes, and measures to strengthen economic security and supply chain resilience.
February 10, 2026
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Rupee weakens to 90.77 as markets stay cautious after the India-US interim trade framework; RBI intervention expected.
The rupee fell to 90.77 against the US dollar as markets reacted cautiously to the India-US interim trade framework; concerns about continued US oversight of energy imports and possible penalties diminished initial optimism. Technical support around 90.00-90.20 is viewed as key, with RBI intervention via dollar purchases expected to anchor the currency, while FII inflows have improved sentiment but their durability is uncertain.
February 10, 2026
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Tina Ambani to be re summoned for questioning in a money laundering probe linked to a Manhattan condo purchase.
Enforcement Directorate to issue fresh summons for questioning in an alleged money laundering probe linked to a Manhattan condominium purchase; a prior request to depose went unmet and a former corporate executive has been attested as part of the inquiry. These actions occur within a broader investigatory framework in which a Special Investigation Team is probing alleged bank fraud and related financial irregularities concerning a corporate group on the directions of the Supreme Court.
February 10, 2026
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US tariffs on Bangladesh trimmed to 19% with zero reciprocal tariff for certain apparel made with US inputs.
The United States and Bangladesh agreed to reduce reciprocal tariffs to 19 per cent and to establish a mechanism granting zero reciprocal tariff treatment for certain textile and apparel goods made in Bangladesh using US produced cotton and man made fibre, alongside commitments on imports, e commerce tariff restraint, intellectual property standards, and support for WTO reform.
February 10, 2026
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Lok Sabha floor disorder: BJP women MPs urge strongest disciplinary action against opposition MPs over chamber disruptions.
BJP women MPs urged the Speaker to initiate disciplinary action under House rules against opposition members for entering the well, climbing on tables, tearing and throwing papers, carrying banners, moving into treasury benches, and laying siege to the Prime Minister's seat, asserting these acts breached parliamentary decorum and requesting the strongest possible sanctions; the letter notes ruling party restraint and situates the events amid earlier disruptions and subsequent procedural consequences, including passage of the Motion of Thanks without the Prime Minister's speech and suspensions of members.
February 10, 2026
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Shivakumar orders a special investigation into alleged irrigation department looting while pursuing consultations on the Mekedatu reservoir.
The Deputy Chief Minister ordered a Special Investigation Team in the Revenue Department to probe an alleged nexus looting the Irrigation Department and will pursue administrative and political consultations-meeting party leaders, the Union Water Resource Minister, legal counsels, and seeking the Chief Minister's approval-regarding pre-budget matters and the proposed Mekedatu balancing reservoir on the Cauvery.
February 10, 2026
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Homeland Security funding is being negotiated with Democrats demanding strict new ICE restrictions, including warrant, ID and use-of-force reforms.
Democrats are conditioning DHS funding on enactment of strict limits on immigration enforcement: a judicial warrant requirement for entry onto private property, officer identification including removal of masks, verification of noncitizen status before detention, prohibitions on racial profiling, legal safeguards at detention centers, stricter use-of-force standards, and limits on tracking protesters with body-worn devices; negotiations with the White House and Republicans continue amid an imminent short-term funding deadline.
February 10, 2026
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Israeli strikes in Gaza amid a months-long ceasefire and UN concern over expanded West Bank control.
Israeli strikes in Gaza during a months-old ceasefire killed civilians amid contested tactical exchanges; Israel describes the strikes as precise responses to fire it says violated the truce. A UN official warned that Israeli measures to deepen control over the West Bank could be unlawful and destabilising for the Occupied Palestinian Territory, linking settlement-facilitating policies to erosion of Palestinian Authority powers. Rafah crossing operations show limited humanitarian movements and unresolved authorisation and coordination issues.
February 10, 2026
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AIMIM says chief ministers seek its support and alleges GST rationalisation cost Telangana Rs 7,000 crore.
AIMIM claims chief ministers seek the party's support to secure electoral and developmental gains, citing influence in the Jubilee Hills by-election. The party alleges GST rationalisation caused a Rs 7,000 crore loss to Telangana and faults the state government for not implementing promised minority-welfare funding and subsidised loans, while accusing the BJP of communalising politics and diverting attention from core issues like employment, farmers' welfare and housing.
February 10, 2026
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Uttar Pradesh budget increases to Rs 8.33 lakh crore with record health allocation improving institutional deliveries and medical infrastructure.
Uttar Pradesh's budget rose to Rs 8.33 lakh crore in 2025-26 with capital expenditure up materially; the Economic Survey describes a balanced fiscal position with a reduced public debt to GSDP ratio. The Survey records a record health allocation of Rs 46,728.48 crore (6.1% of the budget), reporting reduced out of pocket expenditure, stronger medical infrastructure, expanded medical colleges and higher institutional delivery and immunisation coverage.
February 10, 2026
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Maharashtra receives large tax devolution and budgeted capital expenditure to accelerate transport, rail and logistics infrastructure.
Union Budget allocates Rs 89,855.80 crore as tax devolution for Maharashtra for 2026-27 and elevates capital expenditure to accelerate transport, rail and urban transit projects, including Nagpur metro expansions and 41 rail projects, while proposing an Infrastructure Risk Guarantee Fund to bolster BOT and PPP models and reduce logistics costs.

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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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