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    Delhi govt's lending agency DFC shut down; 9-member panel formed to oversee winding up
    CM Naidu seeks Rs 1,211 cr from Centre for agri schemes, pushes for Makhana board
    Silver dips Rs 7,500 to Rs 2.64 lakh per kg; gold rises by Rs 2,200
    LaundryMate Launches ‘LaundryMate Sprint’, India’s First 4-Hour Laundry and Dry Cleaning Delivery Service
    Creating a Brand Without a Business Surname: How Madhusudana R Built BlueBurr
    UrjaCart Sets Vision to Accelerate Solar Adoption in India Through Accessibility, Affordability and Trust
    Trump's immigration chiefs to testify in Congress following protester deaths
    India-US trade deal, global cues buoy buying in equity markets for 3rd straight session
    Whatfix Doubles Down on Healthcare with AI-Powered Suite to Erase the EHR Burden and Enable Clinicians to Focus on Patient Care
    Lalbaba Engineering Limited Signs MoU under Government of India's PLI Scheme for Specialty Steel
    Israeli minister calls West Bank measures 'de facto sovereignty,' says no future Palestinian state
    Lavrov accuses US of trying to prevent India and others from buying Russian oil
    Dr. D. Y. Patil Medical College Hosts ACINUS 2026, Reinforcing the Importance of Evidence-Based Respiratory Practice
    OPPO Launches K14x 5G in India, Bringing Power, Performance and Smoothness for Worry-Free Everyday Use, Starting INR 13,499
    Ridger Achieves xFusion's FusionXpark™ (NVIDIA GB10-Based) Compatibility Certification, Delivering Industry-Leading Mobility for Practical AI Deploy...
    Kotak Mahindra AMC deploys Pascal AI's agentic research platform to enhance institutional investment research
    Govt tightens rules on AI-generated, deepfake content; mandates faster takedown of flagged material
    Biokraft Foods Hosts 'What We Eat, What We Become' Panel Discussion in the Run-Up to Mumbai Climate Week
    India’s Emerging AI Leader: Inside the Vision of Atomesus AI
    Best Crypto to Buy Now Feb 2026: DeepSnitch AI’s 159 Percent Price Surge Fuels High Buying Volume as Siren Plummets, Analyst Warns Bitcoin Could Fal...
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February 10, 2026
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Delhi Financial Corporation shut; nine-member committee to wind up operations, realise dues, settle liabilities and manage employee claims.
Winding up of the Delhi Financial Corporation was ordered under Section 45 of the State Financial Corporations Act effective February 6, 2026; all operations, including fresh loan sanctioning, are ceased. A nine-member committee led by the state finance secretary is vested with board powers to take custody of assets and records, realise dues, pursue recoveries, settle statutory liabilities including amounts owed to the government, transfer or dispose of assets, manage employee redeployment and terminal benefits under applicable rules, and handle all pending legal proceedings, with final dissolution to follow upon completion of winding-up.
February 10, 2026
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Andhra Pradesh seeking release of Rs 1,211 crore for agricultural schemes and a Makhana Development Board.
Andhra Pradesh requested central release of Rs 1,211 crore pending under agricultural programmes, specifying Rs 216 crore under the PM PRANAM scheme for Community Managed Natural Farming and chemical-use incentives, Rs 200 crore for coconut cultivation development, Rs 695 crore under Per Drop More Crop, and Rs 100 crore as the Centre's share under the Price Deficiency Payment System for Totapuri mangoes; it also proposed a Makhana Development Board to promote makhana cultivation in the Kolleru Lake region.
February 10, 2026
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Silver fell sharply while gold gained as traders awaited US macro data that could sway Fed policy and bullion volatility.
Silver declined by Rs 7,500 to Rs 2,64,500 per kg while 99.9% gold rose by Rs 2,200 to Rs 1,60,700 per 10 grams, movements attributed to jeweller and investor buying for gold and consolidation pressures for silver; upcoming US retail sales, unemployment, and nonfarm payroll data are expected to influence Federal Reserve policy expectations and near-term bullion volatility.
February 10, 2026
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LaundryMate launches a 4-hour doorstep laundry and dry-cleaning service with 45-minute pickup and sustainability measures.
LaundryMate launched "LaundryMate Sprint" in Gurugram, offering 45-minute pickup and a four-hour turnaround for dry-cleaning, wash & iron, and steam ironing alongside an existing 24-hour service; the expansion is supported by a strategic partnership with Central Linen Park, references prior operational capacity and financing milestones, and highlights sustainability measures including electric last-mile delivery, water recycling, zero plastic packaging, and eco-friendly chemicals.
February 10, 2026
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BlueBurr: a bootstrapped everyday luxury bag brand built through iterative learning, design focus, and support for first gen founders.
The founder leveraged years of hands on commerce, repeated ventures, and iterative failure to establish BlueBurr as a bootstrapped everyday luxury bag brand focused on design led products, authentic storytelling, and organic growth targeting Gen Z. BlueBurr's strategy emphasizes product market fit, functional aesthetics, restrained promotion, and responsible scaling, while KnowVoyage was created to provide practical guidance and capacity building for first generation founders.
February 10, 2026
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UrjaCart simplifies solar adoption by providing financing, subsidy assistance, certified components, and nationwide lifecycle support.
UrjaCart provides a vertically integrated platform that bundles discovery, financing, facilitation of government subsidy schemes, installation, and post-installation services as an authorised distribution partner supplying certified components. It guides customers on subsidy eligibility and documentation, offers 100% guarantees on certified components, optional solar insurance and annual maintenance contracts, and focuses on consumer education to operationalise policy benefits and support scalable solar adoption.
February 10, 2026
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Immigration enforcement chiefs to testify over warrantless entry memos, expanded urban arrests, paused asylum decisions and vetting practices.
Congressional testimony will probe intensified interior immigration enforcement funded by recent appropriations, including a hiring surge, expanded urban deployments, a memo authorizing forcible entry without judicial warrants, and agency practices raising Fourth Amendment and due process concerns, alongside administrative changes pausing asylum decisions and expanding refugee vetting.
February 10, 2026
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India-US trade deal and global cues lift equity markets for straight gains, with auto and metals leading.
Equity benchmarks rose for a third session as easing tariff uncertainty from the India US trade engagement and positive global cues supported markets; gains were led by autos, consumer discretionary and metals while select IT and banking stocks lagged, with renewed foreign institutional buying, rupee appreciation and moderated mutual fund inflows; strategists noted near term direction will hinge on mixed Q3 earnings and combined fiscal monetary impacts on earnings momentum.
February 10, 2026
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Healthcare EHR usability: Whatfix launches AI-driven suite to simplify clinician workflows and reduce administrative burden.
Whatfix launched a Healthcare Industry Vertical combining its Digital Adoption Platform, Mirror training, and Product Analytics with the Screensense AI engine to interpret application context and user intent, provide intelligent content creation, and deliver real-time in-app guidance. The suite targets EHR usability, clinician workflow optimization, faster provider onboarding, and reduced billing errors, supported by a dedicated healthcare team addressing regulatory and lifecycle implementation challenges.
February 10, 2026
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Lalbaba Engineering signs MoU under PLI Scheme, making its Haldia seamless tubes project eligible for production linked incentives.
Lalbaba Engineering Limited has executed a Memorandum of Understanding under the Production Linked Incentive Scheme for Specialty Steel, making its Haldia cold finished seamless tubes expansion project eligible for scheme incentives tied to production of alloy and stainless steel long products and the Scheme's goals of import substitution and domestic value addition.
February 10, 2026
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Israeli West Bank measures expand control over land use, declassify records and enable proactive settlement acquisitions.
The government measures expand Israeli enforcement authority over land use, planning and property acquisition in the occupied West Bank by lifting restrictions on land sales to Israeli citizens, declassifying land registry records, shifting control over sensitive sites, and reviving a committee to make proactive land purchases to reserve territory for settlement expansion, thereby overriding parts of prior arrangements that divided Areas A and B and formalizing practices that facilitate settler control.
February 10, 2026
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US use of tariffs, sanctions and prohibitions is said to deter purchase of Russian oil, reshaping global energy procurement.
Accusations focus on the United States' use of tariffs, sanctions, direct prohibitions and monitoring commitments to discourage India and others from purchasing Russian oil, reshape energy markets, and control supply routes; these coercive measures are characterised as inconsistent with fair competition and as prompting affected states to diversify supplies and prioritize national interest procurement.
February 10, 2026
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ACINUS 2026 promoted evidence-based respiratory practice via sessions, intercollegiate quizzes, awards, and research presentations.
ACINUS 2026 convened national specialists to prioritise translation of scientific evidence into practical clinical care, emphasising evidence-based practice through scientific sessions, intercollegiate quizzes, and a Best Learner's Award linked to attendance and MCQ performance, with prizes for oral and poster presentations to recognise scholarly engagement.
February 10, 2026
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OPPO K14x 5G launched with promotional pricing, battery durability claims, IP64 rating, and a 30 day replacement commitment.
OPPO India announced the OPPO K14x 5G release with specific variants, launch dates, promotional pricing including instant discounts and No Cost EMI, and directed readers to contractual terms. The device is marketed with a 6500mAh battery and 45W fast charging, five year battery durability claims, a 6.75 inch 120Hz HD+ display with IP64 rating, MediaTek chipset and UFS storage performance, ColorOS 15 software features, AI imaging tools, and post purchase after sales commitments including a nationwide service network and a 30 day free inspection and replacement for qualifying quality issues.
February 10, 2026
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Portable private AI infrastructure enabling on premises data sovereignty and sustained desktop scale supercomputing performance.
Certification confirms full compatibility between Ridger's MIMO AI-native storage and xFusion's FusionXparkTM, enabling portable private AI infrastructure that preserves on premises data control. The integration permits direct attachment of multiple FusionXpark units without switches, eliminates I/O and replication bottlenecks through a shared storage pool, and is represented to convert peak compute into sustained workload performance for training and inference. The certified solution is commercially available through Ridger and authorised partners, with shipments stated to begin in late February 2026.
February 10, 2026
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Kotak Mahindra AMC deploys Pascal AI's agentic research platform to accelerate institutional investment research while maintaining data sovereignty.
Kotak Mahindra AMC deployed Pascal AI's agentic, context-driven research platform to automate and augment institutional investment research, integrating internal research context with a proprietary Context Graph and real-time external information within a sovereign Virtual Private Cloud to ensure proprietary data, investment frameworks, and research judgement remain within the firm's governance perimeter.
February 10, 2026
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AI-generated content must be labelled with permanent metadata and removed within three hours when flagged.
The amendments formally define AI-generated and synthetic audio, visual and audio-visual information and treat synthetic content as information under IT rules. Platforms must prominently label AI content and embed permanent metadata where feasible, and may not allow removal of such labels. Platforms must act on government or court orders within three hours, shorten user grievance timelines, and deploy automated tools to prevent illegal or harmful AI content, including deceptive, sexually exploitative, non-consensual material, false documents, child abuse material, explosives-related content, and impersonation.
February 10, 2026
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Food and climate: practical steps-sustainable sourcing, waste reduction, data and food innovation-can make cities more resilient.
A Biokraft Foods-hosted panel linked everyday food choices to urban climate and biodiversity outcomes, advancing practical measures-sustainable sourcing, minimal-waste kitchens, promotion of local and seasonal diets, and data-driven transparency-to reduce emissions and strengthen food security. The discussion also presented food-technology solutions, including cultivated meat, as tools to ease pressure on land, water and animals while maintaining cultural food preferences.
February 10, 2026
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Atomesus AI seeks $2M seed to build an affordable, India first intelligence platform emphasizing privacy alignment and proprietary models.
Atomesus AI pursues an India first, affordability driven platform strategy using a freemium subscription model while transitioning from hybrid to proprietary AI architecture to secure innovation, margins, and strategic control. The company cites alignment with national privacy expectations and government startup recognition as resilience factors, and is raising a $2M seed round to fund proprietary model development, user segment expansion, and scaling of engineering and product capabilities toward a 10 million active user goal.
February 10, 2026
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DeepSnitch AI presale sees 159% surge and bonus incentives; promoted as high-growth token amid market risk warnings.
DeepSnitch AI (DSNT) is promoted as a utility-focused token in its fifth presale stage, claiming a 159% price uptick, over $1.52M raised, and layered bonus incentives (30%, 50%, 150%, 300%) to increase allocations. The article emphasizes DSNT's AI agent suite for trading automation, asserts speculative upside (100X-1000X) and potential exchange listings, and couples these promotional claims with a clear risk disclaimer that crypto trading is high risk and the content is general commentary, not investment advice.

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Central Board of Indirect Taxes & Customs organises post-Budget interactive session with stakeholders in Mumbai

February 13, 2026

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The Central Board of Indirect Taxes and Customs (CBIC) organised an interactive session with representatives of Trade Associations, Chambers of Commerce, Exporters, Importers, Custodians, Customs Brokers, Logistics Service Providers, at New Custom House, Mumbai.

The event was presided over by Shri Vivek Chaturvedi, Chairman, CBIC; and Shri Yogendra Garg, Member (IT, Taxpayer Services & Technology), CBIC. Pr. Chief Commissioners of Mumbai Customs and GST, Joint Secretary (Customs), Commissioner (Customs & Export Promotion) and Commissioner, GST Policy Wing were also present along with other senior officers of the Department.

In his address, Shri Chaturvedi elaborated how the newly-introduced reforms, which emphasise trust-based governance in Indirect Taxes, announced in the Union Budget 2026–27, will contribute to the vision of the Government. He clarified the intricacies of the Budgetary policy changes and explained how the Customs is working towards simplification of Customs processes.

In his address, Shri Garg highlighted the benefits of a single integrated digital ecosystem connecting all export-import stakeholders, including other participating government agencies, to enable faster clearances, better business planning and strengthen Make in India.  

Joint Secretary (Customs) informed that for public facilitation and for ease of understanding these initiatives, FAQs have been released by CBIC and are posted on the official website at https://www.cbic.gov.in.

The interaction with stakeholders was aimed at addressing the doubts of trade and industry and was followed by an interaction with media persons.

Shri Chaturvedi also held an interaction with the officers and staff working at the cutting edge level in Mumbai Customs, Airport, Courier Terminal and CGST to sensitise them regarding efficient implementation of reform initiatives and to enhance the ease of doing business for the trade and industry.

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Acts Income Tax