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    UP has moved from 'policy paralysis' to a land of 'unlimited potential' in 9 years: CM Yogi
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February 11, 2026
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State budget increases outlays, prioritises social and tech investment, and claims revenue surplus achieved without new taxes.
The Rs 9,12,696.35 crore 2026-27 budget increases outlays by about 12.2 percent, highlights priorities of women's safety, youth employment, farmer welfare and technological investment, and asserts that no new taxes have been imposed. The executive credits improved financial management and plugging tax leakages for transforming the fiscal position from a historically weak classification to a revenue surplus state, indicating reliance on compliance and administrative reform for revenue growth rather than tax increases.
February 11, 2026
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Jupiter International commissions 1 GW mono PERC solar cell unit, doubling capacity to about 2 GW and expanding tech lineup.
Commissioning of a new 1 GW mono PERC solar cell unit at Baddi raised Jupiter International's installed capacity from 959 MW to about 2 GW through its subsidiary Jupiter Solartech Pvt Ltd; the facility targets high efficiency mono PERC production, aims to double the local skilled workforce, and the company plans a further 1.25 GW TOPCon line to strengthen its technology portfolio and support national renewable energy goals.
February 11, 2026
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UP Budget 2026-27 boosts infrastructure and textiles with major allocations and targeted employment and MSME support.
UP Budget 2026-27 designates Rs 27,103 crore for infrastructure and industrial development and over Rs 5,041 crore for handloom and textiles, with targeted scheme outlays including Rs 5,000 crore for industrial area expansion, Rs 2,000 crore for the Atal Infrastructure Mission, Rs 1,000 crore to implement the 2023 incentive policy, and Rs 4,423 crore for the powerloom weavers electricity scheme to support industrial expansion, MSME growth and job creation.
February 11, 2026
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Uttar Pradesh budget focuses on employment generation, youth empowerment and large-scale public recruitment across departments.
State budget prioritizes employment generation and youth empowerment through skill training, device distribution, coaching centres, fellowships, and financial support for entrepreneurship. Recruitment initiatives include over 2.19 lakh police hires since 2017 with ongoing training and further non-gazetted recruitment, Mission Rozgar school appointments and aided-school selections, while MGNREGA person-days exceeded targets, benefiting over 47 lakh families.
February 11, 2026
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India US interim trade deal alleged to cede energy control and harm farmers and textiles; calls to protect data and food.
The India US interim trade deal is alleged to cede control over energy security, permit foreign influence on oil procurement, expose domestic agriculture to American imports that compromise farmers' interests, and threaten the textile sector, prompting calls to protect the population, national data, food supply and the energy system.
February 11, 2026
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India US interim trade agreement criticized as one-sided, risking farmers and the textile sector by opening markets to US imports.
The Opposition alleges the interim trade agreement with the United States is one-sided, allowing increased US agricultural imports that threaten farmer livelihoods and undermining the Indian textile sector, framing the government's action as having sold national interests.
February 11, 2026
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State budget 2026-27 prioritises women empowerment and major police infrastructure and safety funding for working women.
The 2026-27 budget prioritises women centric welfare and law and order infrastructure with a Rs 9.12 lakh crore outlay. Key women's measures include Rs 25 crore for Mission Shakti vehicles for women beat personnel, working women hostels, continued Mukhyamantri Kanya Sumangala payments, BC Sakhi financial activities, milk producer companies under Mahila Samarthya Yojana, and priority cane slips for 60,000 women farmers. Police and safety allocations comprise Rs 1,374 crore for non residential police buildings, Rs 1,243 crore for residential police buildings, Rs 346 crore for new districts, Rs 200 crore for fire station buildings and Rs 190 crore for fire safety and operationalisation of centres.
February 11, 2026
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Uttar Pradesh budget focuses on employment, infrastructure, health and a three percent fiscal deficit cap under prudent debt management.
A record Rs 9.12 lakh crore budget emphasises capital spending (19.5% of outlay), a three per cent fiscal deficit ceiling, and commitments to prudent debt management. Major sectoral allocations include education (12.4%), health (6%) and agriculture (9%), with detailed appropriations for medical education, new medical colleges, rural health mission funding, national health protection and AYUSH. Economic measures fund infrastructure and industrial promotion, an investment incentive pool, defence corridor projects, MSME support, IT and AI initiatives, and expanded skill-development and PPP employment centres.
February 11, 2026
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India-US trade deal reducing tariffs raises fears for Kashmir's horticulture while some see competition improving quality.
The interim India-US trade agreement reduces tariffs and permits duty-free imports of tree nuts and apples, raising concerns that tariff reductions will disadvantage Jammu and Kashmir producers, intensify financial stress on marginal farmers, and threaten horticulture-linked livelihoods; some stakeholders counter that competition may improve quality and stabilize prices, while growers' groups call for protective duties to preserve local agriculture.
February 11, 2026
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Akasa Air co-founder Praveen Iyer resigns and will assist leadership in a structured transition through April 30, 2026.
Akasa Air co-founder and Chief Commercial Officer Praveen Iyer has resigned after five years and will partner with the leadership team to ensure a smooth, structured transition through April 30, 2026; he is an Executive Committee member and his departure follows an earlier co-founder exit, with the airline operating 33 Boeing 737 MAX aircraft.
February 11, 2026
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IndiGo will implement the approved FDTL scheme and put rostering and monitoring arrangements in place to comply.
Following operational disruptions and time-limited FDTL exemptions, the carrier advised the regulator it will implement the approved FDTL scheme and fully comply with statutory provisions, placing operational, rostering and monitoring arrangements in effect from February 11, 2026, while the regulator imposed financial penalties, required a bank guarantee, directed management accountability measures and maintained real-time oversight during the exemption period.
February 11, 2026
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National Song protocol, publisher notice, and UAPA report requirement highlight administrative directives and investigative review.
The Home Ministry directed that all six stanzas of Vande Mataram must be sung before the National Anthem when both are performed. The Lok Sabha Speaker ordered the secretariat to amend a defective notice to remove the Speaker to prevent its rejection. Delhi Police issued a notice to a publisher for clarifications about circulation of an unpublished manuscript. The Supreme Court required the National Investigation Agency to file a sealed report justifying invocation of stringent unlawful-activities provisions in a case linked to district-level violence.
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Public Financial Management System (PFMS) upgrades mandate single platform payments, enable just in time DBT and add CRM grievance redressal.
PFMS is mandated as the single platform for government payment, accounting and reconciliation, integrating cash management modules including TSA and SNA and enabling real time tracking. SNA SPARSH and SPARSH DBT ensure just in time releases and direct crediting to beneficiaries. System enhancements to DBT include partial acceptance of claim files and advance sharing of Aadhaar data. A CRM based Grievance Redressal System provides ticketing, automated acknowledgements, status tracking and FAQs, supplemented by regular Open House sessions for user support and feedback.
February 11, 2026
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The budget allocates Rs 6,800 crore for tap water-Rs 4,500 crore for village household connections under CM Jal Jeevan Mission and Rs 2,300 crore for urban drinking water-and Rs 2,950 crore for new solar parks in Bikaner and Jaisalmer; it also provides interest-free loans and grants up to Rs 10 lakh for 30,000 youth under the CM Self-Employment Scheme and designates Rs 1,400 crore for non-patchable roads and Rs 600 crore for missing-link roads.
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February 11, 2026
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India and US envoys meet in Beijing to discuss defence, energy, critical minerals and Quad cooperation.
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February 11, 2026
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February 11, 2026
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February 11, 2026
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iHub-Data launches six-month AI/ML training for women engineers with internship opportunities; apply by Feb 20.
iHub-Data at IIIT Hyderabad will run a six-month intensive AI/ML training program for recent women engineering graduates, combining theory and hands-on applied learning with weekly on-campus classes. The curriculum spans classical and contemporary techniques to build industry- and research-relevant problem-solving skills. Selected graduates may receive a three-month online internship placement at iHub-Data to work on real-world projects; participation is cohort-based and subject to an application deadline.
February 11, 2026
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Lok Sabha Speaker removal notice found defective; amendment ordered to prevent rejection and motion will be listed after reconvening.
Notice to remove the Lok Sabha Speaker was found defective due to incorrect dates, and the Speaker directed the secretariat to amend the notice to prevent rejection; upon receipt of the revised notice a speedy review will be conducted and the motion will be listed after the House reconvenes. The removal notice was filed under the constitutional removal procedure, the Speaker will not sit in the chair until the motion is resolved, and the constitution grants the Speaker an opportunity to defend in the House while limiting his casting of a deciding vote in a tie.

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PMLA / Black Money

Can't say when I'll return to India; legally barred from leaving UK: Mallya tells Bombay HC

February 18, 2026

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Mumbai, Feb 18 (PTI) Fugitive businessman Vijay Mallya informed the Bombay High Court on Wednesday that he is unable to provide a definite timeline for his return to India, citing the revocation of his passport and also being legally barred from leaving the UK.

A statement from Mallya was submitted by his counsel Amit Desai in response to a mandate from a bench comprising Chief Justice Shree Chandrashekhar and Justice Gautam Ankhad, which had last week signalled that it would refuse to hear Mallya's petitions against his "fugitive economic offender" status unless he clarified his intent to return to face trial.

Based in the UK since 2016, Mallya has filed two petitions in the high court -- one challenging an order declaring him a fugitive economic offender and the other questioning the constitutional validity of the Fugitive Economic Offenders Act.

The 70-year-old liquor baron is accused of defaulting on multiple loan repayments of several thousand crores and facing money laundering charges.

Mallya's legal team argued that his absence is a consequence of international legal constraints rather than choice, noting that his Indian passport was revoked in 2016 and that the orders of courts in England and Wales prohibit him from leaving the country.

The businessman said in his statement that he cannot give a definite date of return to India as he did not have an active passport after it was revoked by the Indian government in 2016, and also because there are orders of courts in England and Wales that prohibit him from leaving the country.

"Mallya is not permitted to leave or attempt to leave England and Wales or apply for or be in possession of any international travel document. In any event, the petitioner is unable to precisely state when he will return to India," Desai read out the statement in the court.

The senior counsel reiterated that Mallya's presence was not required in the country for the court to hear his pleas against the fugitive tag and the provisions of the Act.

"If he (Mallya) were to appear in India, then all these proceedings would be rendered irrelevant as the statute says that once the offender appears in the concerned court of law, then all these orders would be set aside," Desai told the court.

The bench directed the Union government to file its reply to Mallya's statement and posted the matter for further hearing next month.

Mallya was declared a Fugitive Economic Offender in January 2019 by a special court hearing cases under the Prevention of Money Laundering Act (PMLA).

The businessman left India in March 2016. PTI SP SKL GK KRK NP

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Acts Income Tax