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    Delhi Police files FIR over circulation of ex-chief of Army staff Narvane's unpublished book
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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Unpublished military memoir circulated online prompts FIR and Special Cell probe into unauthorized pre-release distribution.
An FIR alleges unauthorized circulation of a pre-print copy of an unpublished book by the former Chief of Army Staff after a PDF and finished cover image surfaced online without required clearance; the case has been registered with the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.
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
Show AI Summary
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.

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First leg of Budget session witnessing uproar over India-US trade deal, Naravane's book ends

February 13, 2026

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New Delhi, Feb 13 (PTI) The stormy first leg of the Budget session of Parliament that saw heated exchanges between the opposition and the treasury benches over the India-US interim trade deal and unpublished memoir of former Army chief M M Naravane concluded on Friday.

The Lok Sabha and the Rajya Sabha will both reassemble on March 9 and the session will conclude on April 2.

The first part of the session also saw the opposition give a notice to remove Speaker Om Birla from his chair after expressing no-confidence in him and accusing him of abusing his position.

This is the fourth such notice to remove the speaker so far, with the earlier ones either being defeated or not being taken up due to lack of numbers. The notice would now be taken up during the second part of the session.

Meanwhile, the speaker also said that he will not occupy the chair on moral grounds until the notice for his removal is disposed of.

The three-week recess period will allow the standing committees of Parliament to examine allocations made in the Union Budget to various central ministries.

While the Lok Sabha saw lower productivity, that of the Rajya Sabha was nearly 100 per cent, as members participated in the discussion on both the Motion of Thanks to the President's Address and the Union Budget.

The Lok Sabha witnessed acrimonious exchanges from both sides after Leader of Opposition Rahul Gandhi was not allowed to quote excerpts from Narawane's unpublished memoir. Its fallout was that the prime minister could not reply to the discussion on the Motion of Thanks.

The Lok Sabha witnessed dramatic scenes and repeated adjournments from February 2 afternoon after the chair disallowed Gandhi to quote excerpts from Naravane's unpublished memoir relating to the India-China conflict of 2020.

This led to the suspension of eight MPs, including seven of the Congress and one of the CPI(M), for the remainder of the Budget session for unruly behaviour.

The opposition finally moved a notice to move a resolution against Birla for removing him from his chair.

An anguished Birla said he had "concrete information" that many Congress members might move towards the PM's seat and carry out "some unexpected act" as a result of which he had requested him not to come to the House to reply to the discussion on the Motion of Thanks.

In an unprecedented development, the Lok Sabha passed the Motion of Thanks on February 5 without the prime minister's customary reply in the face of relentless sloganeering by opposition members.

In the Rajya Sabha, Prime Minister Modi, in his nearly 100-minute reply to the debate on the Motion of Thanks on February 5, took on the opposition and accused them of insulting not just a tribal woman President Droupadi Murmu but also the high office of the President of India as well as the Constitution. He said the opposition has no right to talk about the Constitution anymore.

He also launched a scathing attack on the Congress saying the opposition party is unable to digest its successive electoral defeats and his rise, and asserted that it will never be able to "dig his grave" as the blessings of crores of Indians are his "protective shield". He also accused the Congress' "first family" of "stealing" Mahatma Gandhi's surname, alleging that stealing was their ancestral profession.

The Motion of Thanks was adopted by the Rajya Sabha by a voice vote in the absence of opposition members, who staged a walkout.

Later, the discussion on the Union Budget took place and Finance Minister Nirmala Sitharaman replied to the discussion in both Houses.

Participating in the debate in the Lok Sabha, Rahul Gandhi accused the government of failing to protect India's interests while signing an interim trade agreement with the United States, a charge that Sitharaman countered, saying it was the Congress government that sold the country at the World Trade Organisation (WTO).

A Bill to amend the Industrial Relations Code aiming to bring legal clarity was passed by Parliament in the first part of the session.

In the Rajya Sabha, Sitharaman asserted that India is on a robust growth trajectory with low unemployment, dismissing concerns of "jobless growth" as a relic of the UPA era. She said the middle class is expanding, not being suppressed, and emphasised that higher taxes paid by individuals compared to corporates do not mean they are being burdened.

According to PRS Legislative, while the productivity of the Lok Sabha was only 43 per cent, that of the Rajya Sabha was 97 per cent. It also said that the Lok Sabha functioned for 26.6 hours while the Rajya Sabha functioned for 58.2 hours.

On Friday, Rajya Sabha proceedings were also adjourned at 1 pm after Zero Hour and Question Hour.

On Friday, Leader of Opposition in Rajya Sabha Mallikarjun Kharge raised the issue of large portions of his speech during the debate on Motion of Thanks being expunged and demanded that they be restored. He urged the chair to reconsider his decision, saying otherwise, he will release them to the public.

Chairman C P Radhakrishnan, however, said Kharge cannot question the chair, and what he was saying was not correct as whatever has been expunged from the records cannot be released outside.

The Lok Sabha saw adjournments before the House was adjourned till March 9. Earlier, the House was adjourned for one hour after opposition members raised slogans demanding the resignation of Union minister Hardeep Puri. The opposition members were also protesting against the India-US interim trade agreement. PTI SKC GJS NAB SKC KSS KSS

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