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February 4, 2026
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Individual taxpayers: 88% have opted for the new tax regime; government not planning a sunset clause.
About 88% of individual filers (ITR 1-4) and 97% of presumptive taxpayers have moved to the new tax regime; roughly 60% of corporate income is reported under it. The government is not considering a sunset clause for the old regime. FY27 Budget measures-MAT made final with a reduced old-regime rate and higher STT on futures and options-are expected to further encourage migration and to dissuade aggressive retail trading.
February 4, 2026
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Electoral roll revision challenged over mass logical-discrepancy notices; petition seeks Aadhaar acceptance to prevent wrongful voter deletions.
The chief minister challenged the Special Intensive Revision of electoral rolls, alleging mass notices and wrongful deletions based on logical discrepancies, and sought a direction requiring the poll panel to accept Aadhaar as proof of identity for resolving such discrepancies to ensure inclusion rather than deletion of voters; the court directed sensitive treatment of minor mismatches, asked the poll panel to upload reasons for discrepancy listings, and issued notices for replies.
February 4, 2026
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Air India inspections of Boeing 787 fuel control switches found no issues; regulator requires strict crew procedure compliance.
Air India completed precautionary re-inspections of the Fuel Control Switch across all operational Boeing 787 aircraft and found no issues. The inspections followed a pilot report of a switch defect and independent regulator checks that cleared the FCS. The regulator noted that correct procedure had not been followed in operating the switch and directed Air India to ensure crew compliance; the airline will circulate OEM-recommended operating procedures to all crew and has grounded the affected aircraft for checks.
February 4, 2026
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India-France judicial cooperation strengthened through bilateral meetings on training, technology, arbitration and dispute resolution.
Chief Justice Surya Kant led a delegation in Paris to strengthen judicial cooperation through bilateral meetings with French judicial leaders, focusing on judicial training, court technology, comparative court structures, and approaches to adjudication; the delegation resolved to deepen engagement and promote Alternative Dispute Resolution, arbitration and mediation under the aegis of enhanced Indo French legal exchanges.
February 4, 2026
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Halwara airport to begin operations in March; Air India to launch Delhi-Halwara service, boosting regional air connectivity.
Halwara airport's civil terminal has been inaugurated and is scheduled for operational commencement in early March with Air India to operate the initial Delhi-Halwara service. The terminal was developed on an Indian Air Force base through a Rs 54.67-crore joint venture between the Punjab government and the Airports Authority of India, representing a government-led infrastructure investment to expand regional air connectivity and support local economic sectors.
February 4, 2026
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INDI Alliance cracks as Congress appears indecisive about coalition plans; concerns raised over governance and security.
Claims of weakening Alliance Stability in the INDI Alliance focus on Congress uncertainty about contesting elections with the DMK or independently, raising questions about coalition coherence. Concurrently, the DMK is criticized for alleged governance failures-including drug-related crimes, attacks on marginalized groups, and unsafe university campuses-issues the opposition is urged to probe. The entry of a prominent actor into politics is identified as intensifying electoral competition and unsettling the ruling coalition, while the BJP-led alliance is portrayed as cohesive.
February 4, 2026
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IndiGo faces probe for alleged abuse of dominant position after mass flight cancellations creating artificial scarcity.
IndiGo faces a probe for possible abuse of dominant position after mass flight cancellations that allegedly withheld services and created artificial scarcity, limiting consumer access and producing a prima facie appreciable adverse effect on competition; a detailed investigation by the Director General has been ordered to examine whether these operational decisions amount to unfair business practices and breach competition norms.
February 4, 2026
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Kerala Assembly urges Centre to stop neglect, citing budget omissions, funding cuts, VGF loans and withheld disaster aid.
Kerala Assembly adopted a resolution urging the central government to end alleged neglect and discrimination, highlighting omissions in the Union Budget for an AIIMS and high-speed rail, reduced national allocations and conversion of MGNREGA funding to VB-G RAM-G causing state revenue loss, provision of Viability Gap Funding for Vizhinjam as a loan rather than a grant, refusal or shortfall in disaster rehabilitation assistance for Wayanad and withholding of central shares for centrally sponsored projects, and demanding a revised federal funding approach.
February 4, 2026
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NUDGE campaign prompted 1.11 crore revised returns, generating Rs 8,800 crore and reducing refund claims.
The income-tax administration's NUDGE programme sent non-intrusive communications prompting 1.11 crore revised returns, generating about Rs 8,800 crore and leading to retraction of Rs 1,750 crore in refund claims; deployed in November 2024 and November 2025 to flag undisclosed foreign assets, the programme's post-notification analysis has affected refund timings. Separately, a Budget-introduced one-time declaration window allows small-category taxpayers to disclose overseas income/assets with prescribed payments-30% tax plus 30% additional tax for undisclosed amounts up to Rs 1 crore, and a Rs 1 lakh fee for certain cases up to Rs 5 crore-to secure immunity from penalty and prosecution, with completion targeted in 2026 27.
February 4, 2026
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Indo-US trade pact may harm farmers; Congress demands full public disclosure of agreement details immediately.
Congress demanded full public disclosure of the Indo US trade agreement, asserting that increased access for US agricultural and dairy products could harm Indian farmers and industries; the government says the pact includes protections for domestic agriculture and dairy sectors, but opponents argue that without the complete text the adequacy and enforceability of those domestic safeguards cannot be assessed.
February 4, 2026
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Century Plyboards Q3FY26 results: consolidated net profit rose 10.5% to Rs 65.05 crore; revenue up 18.4%.
Century Plyboards disclosed in a regulatory filing that consolidated net profit for Q3 FY2026 rose to Rs 65.05 crore (up 10.56%), revenue from operations increased 18.38% to Rs 1,350.08 crore, and total expenses were Rs 1,259.40 crore; management included forward-looking statements anticipating improved industry momentum and reiterated priorities of sustainable growth, market penetration and disciplined capital deployment.
February 4, 2026
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InSolare licensed Versogen's AEM stack IP to localize electrolyser manufacturing for scalable green hydrogen production.
InSolare Energy licensed Versogen's PiperION AEM stack intellectual property, know how, and design expertise for development and commercialization in India, combining Versogen's AEM technology and materials support with InSolare's engineering, manufacturing capacity and market access to establish a 250-300 MW AEM electrolyser manufacturing facility scalable to 1 GW and to localize high performance stack development for cost effective, large scale green hydrogen production aligned with national green hydrogen objectives.
February 4, 2026
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Nevada lawsuit targets prediction markets, creating market uncertainty while a presale for DeepSnitch AI draws intense investor FOMO.
The Nevada Gaming Control Board sued Coinbase Financial Markets alleging operation of unlicensed sporting-event wagers through newly launched prediction markets, seeking emergency relief to stop the product; this state-level enforcement occurs amid market uncertainty while aggressive presale promotion for DeepSnitch AI touts raised capital, AI-driven contract risk-scanning utility, presale bonuses, and promotional incentive codes.
February 4, 2026
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Bangalore to Goa travel: choose Sleeper or 2S, book weekdays, and monitor real time availability for cheapest fares.
Cheapest Bangalore-Goa travel relies on choosing lower-tier classes (Sleeper for overnight, 2S for cheapest daytime, General only if flexible), preferring weekdays and off peak schedules, and actively monitoring real time seat availability and train running status. Tatkal is a higher cost emergency booking. redRail is recommended for live availability, quick class comparisons, and schedule tracking, while combining trains with bus services can improve last mile connectivity.
February 4, 2026
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Pune Ayurveda clinic builds digital evidence platform documenting safety and efficacy of Ayurvedic cancer care.
Rasayu Cancer Clinic implemented a proprietary digital platform that systematically captures prescriptions, investigations and validated patient-reported outcomes, and digitalized a 15-year case archive to generate large-scale real-world evidence on the safety and efficacy of Ayurvedic regimens and their concurrent use with conventional cancer therapies, enabling rigorous analysis and high-impact publications to support integrated oncology research.
February 4, 2026
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Vingroup-Tamil Nadu MoU to explore tourism, hospitality and electric mobility investments with state support and job creation.
Vingroup and Tamil Nadu signed a Memorandum of Understanding to jointly study and develop strategic investments in large-scale tourism and entertainment projects, premium hospitality infrastructure, and electric mobility solutions. The agreement contemplates feasibility and planning work for a VinWonders theme park and safari complex, a Vinpearl five-star resort, and large-scale electric taxi deployment using Made-in-India vehicles. Tamil Nadu may assist by identifying sites, coordinating planning and project structuring, facilitating licensing, considering policy-based incentives, and preparing connectivity infrastructure to enable future implementation.
February 4, 2026
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Lupin receives double 'A' CDP ratings for climate and water and reports an S&P Global ESG score of 91.
Lupin obtained a Double 'A' rating from CDP for Climate Change and Water Security, indicating CDP's highest leadership thresholds in governance, strategy, risk management and performance for climate and water. The company also reported an S&P Global ESG score of 91 and stated the CDP score is for general reference only, not for investment decision-making, underscoring enhanced sustainability disclosure and strengthened transparency across operations.
February 4, 2026
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Ferns N Petals Valentine's Day Collection 2026 launches roses, cakes and personalised gifts with same-day and midnight delivery.
Ferns N Petals' Valentine's Day Collection 2026 centres on a rose-led range of floral arrangements paired with cakes and personalised gifts, presented across value (Hatke by FNP), mainstream, and premium (FNP Luxe) tiers, and supported by same-day, express, and midnight delivery alongside nationwide online and retail availability.
February 4, 2026
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Galgotias University invests INR 350+ crore in AI infrastructure and industry-linked Centres to accelerate applied research and workforce readiness.
Galgotias University committed over INR 350 crore to a purpose-built AI complex and Centres of Excellence with industry and research partners, deploying NVIDIA DGX H200 infrastructure to support large-model training and frontier research. The program aligns curricula and applied projects with enterprise needs, provides faculty access to high-performance computing for long-term experimentation, and structures centres as innovation hubs to co-develop deployable applications, incubate startups, and generate intellectual property, framing the investment as strategic capability building.
February 4, 2026
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Shriram General Insurance posts strong GDP and profit growth while maintaining solvency well above regulatory minimum.
Shriram General Insurance saw GDP growth-19% in Q3 and 24% cumulatively-with motor underwriting, disciplined underwriting and distribution expansion driving a 26% rise in net profit and 17% higher investment income, while maintaining a solvency ratio of 3.32, well above the 1.5 regulatory minimum; management plans further advisor network expansion and product diversification including parametric and surety bond insurance to support future GWP targets.

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NTT DATA Business Solutions announces Transformation NOW! 2026 India

February 4, 2026

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A full-day platform for executive insights, deep-dives, one-on-one interactions and solution highlights actively shaping the leading growing corporate and mid-market companies of India Krunal Patel, Managing Director NTT DATA Business Solutions Hyderabad (Telangana) [India], February 04: As AI piques India’s interest NTT DATA Business Solutions, a leading global provider of SAP-centric transformation services, has announced its flagship event “Transformation NOW! 2026 India.” The event brings together over 1,500 industry professionals, business leaders and technology innovators to explore the next frontier of enterprise transformation at Anvaya Conventions, Hyderabad, on 12th February 2026. Transformation NOW! serves as India's premier platform for CXOs, IT heads and business decision-makers to brainstorm cutting-edge transformations, experience state-of-the-art solutions and forge strategic partnerships that drive sustainable business growth. Its salient features include one-on-one executive and customer meetings, exclusive breakout zones and roundtables. This year, the flagship event is themed "Beyond Digital Transformation: Building Adaptive, Data-Driven Enterprises" with key partners from the ecosystem such as GCP, SAP, ServiceNow and more. Krunal Patel, Managing Director NTT DATA Business Solutions India, said: "Transformation NOW! has evolved into India's most influential gathering for business innovation around SAP. As we enter 2026, organizations are no longer asking whether to embrace AI and data-driven strategies but how to implement them effectively. This year's event will provide our customers and partners with actionable insights, proven frameworks and real-world success stories that demonstrate how adaptive enterprises are winning in today's dynamic business environment." The day’s programming will feature executive insights with an impressive lineup of thought leaders including Norbert Rotter, CEO NTT DATA Business Solutions, reinforcing NTT DATA’s commitment to the Indian enterprise ecosystem and SAP leadership team who will share SAP's vision for the Indian market. A special highlight will be the keynote of Srikanth Bolla, Founder of Bollant Industries, whose entrepreneurial journey continues to motivate business leaders across the country. Transformation NOW! 2026 India will host 1,500+ industry professionals and business leaders, with 4+ partners and sponsors, and 15+ experience zones, including an Innovation Hub and AI Arena, to enable hands-on discovery and peer learning. For more information please visit: NTT DATA Business Solution on LinkedIn: https://www.linkedin.com/company/ntt-data-business-solutions/ About NTT DATA Business Solutions NTT DATA Business Solutions is a leading global IT service provider focused on SAP with a powerful ecosystem of partners like Microsoft and ServiceNow. With more than 35 years of in-depth experience, we enable companies worldwide to become Intelligent Enterprises. We deliver end-to-end solutions that accelerate sustainable growth and success – from strategic consulting and implementation to managed services and beyond. As a global strategic SAP partner, we drive innovation and leverage the latest technologies to support our customers individually and across all industries. Our more than 18,500 dedicated employees in over 30 countries work passionately every day to make it happen. NTT DATA Business Solutions is part of NTT DATA,a $30+ billion business and technology services leader in AI and digital infrastructure headquartered in Tokyo. Together, we accelerate client success and positively impact society through responsible innovation. As a Global Top Employer, we have experts in more than 70 countries. NTT DATA is part of NTT Group. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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