Supreme Court Calls ₹54,000 Crore Digital Frauds 'Robbery', Seeks SOP from Centre and RBI

February 9, 2026

Supreme Court Calls ₹54,000 Crore Digital Frauds 'Robbery', Seeks SOP from Centre and RBI

The Supreme Court calls digital frauds siphoning over ₹54,000 crore as 'robbery.' It asks the Centre, RBI, and banks to create a quick action plan and pushes for a strong probe into digital arrest cases by the CBI.

Luckin Coffee Hits 30,000 Stores, Fuels Global Growth with New Flagship

February 9, 2026

Luckin Coffee Hits 30,000 Stores, Fuels Global Growth with New Flagship

Luckin Coffee opened its 30,000th store, featuring a global coffee theme. The firm expands across China and internationally, aiming for growth through its global supply network.

KPERC Report: Kerala Must Boost Revenue and Cut Costs for Stronger Economy

February 9, 2026

KPERC Report: Kerala Must Boost Revenue and Cut Costs for Stronger Economy

Kerala’s new KPERC report says the state must increase revenue, diversify income sources, and better manage spending to grow its economy amid tough fiscal conditions.

Most Economists Expect RBI to Hold Policy Rate at 5.25% After Recent Pause

February 9, 2026

Most Economists Expect RBI to Hold Policy Rate at 5.25% After Recent Pause

Eleven of 14 economists predict no more rate cuts from the RBI soon. With inflation and GDP growth forecasts rising, RBI paused policy rate at 5.25%, signaling a hawkish stance amid better growth prospects.

PFC to Merge with REC for Stronger Power Sector Lending Post Government Stake Buy

February 9, 2026

PFC to Merge with REC for Stronger Power Sector Lending Post Government Stake Buy

PFC moves to merge with REC after acquiring government stake. The merger aims to improve scale and credit flow in India’s power sector. Both stocks have surged over 200% in three years.