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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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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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Merck Foundation Marks World Cancer Day by Providing 258 Oncology Scholarships to Healthcare Providers Across 34 African and Asian Countries

February 5, 2026

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Mumbai, Maharashtra, India & Accra, Ghana – Business Wire India • Merck Foundation, together with African First Ladies and Ministries of Health continues to build cancer care capacity by providing around 260 Scholarships of One-year Clinical Training in many oncology sub- specialties, and One year and Two year Post Graduate Diploma and Master Degree of Cancer and Clinical Oncology, Medical Oncology and Pain Management. • Merck Foundation is making history in Africa by training the First African Oncologists and First Cancer Care Teams in Countries such as The Gambia, Sierra Leone, Burundi, Liberia, Guinea Conakry, Central African Republic, Chad, Malawi, Niger, Namibia, Zambia, Zimbabwe and more. • Merck Foundation Chairman and CEO, together with African First Ladies, recently released “Ray of Hope” children’s storybook and Animation Film for Cancer Awareness in three languages. Watch ‘Ray of Hope’ animation film here: https://youtu.be/6vCAufPnCPw Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks ‘World Cancer Day 2026’ together with Africa’s First Ladies and Ministries of Health by continuing to build and advance cancer care capacity through their Cancer Access Program, with the aim to increase the limited number of Oncologists in Africa. Senator Dr. Rasha Kelej (Ret.) explained, “At Merck Foundation, we mark World Cancer Day through our sustained, everyday efforts to transform cancer care in Africa by addressing one of its most critical gaps: late diagnosis and the shortage of trained specialists. Together with my dear sisters, African First Ladies, we have strengthened cancer care capacity in the continent by providing 258 Oncology Scholarships for healthcare providers from 34 African and Asian countries, significantly increasing the number of trained oncologists and developing the multidisciplinary cancer care teams. In several of these countries, there wasn’t even a single oncologist. We are very proud that we are making history by training the first oncologists and first multidisciplinary cancer care teams in many countries like The Gambia, Sierra Leone, Burundi, Liberia, Guinea Conakry, Central African Republic, Chad, Niger, and many more.” Merck Foundation in total provided more than 2500 scholarships for healthcare providers from 52 countries in 44 critical and underserved specialities. “Merck Foundation remains committed to transforming the landscape of patient care in general, and cancer care in particular, leading Africa toward a healthier future,” Dr. Rasha Kelej further explained. As part of their Cancer Access Program, Merck Foundation has to date provided 258 Scholarships for healthcare providers from 34 countries as per the following: Merck Foundation is establishing Multidisciplinary Oncology Care teams in many African countries by providing scholarships of One year clinical training in most of oncology sub- specialties such as; Medical Oncology, Surgical Oncology, Pediatrics Oncology, Gynecology Oncology, Breast Oncology, Haemato-Oncology, Orthopedic Oncology, Palliative Care, Pathology Oncology, Radiation Oncology, Research in Oncology, Genital Urinary oncology, Advanced Cytopathology Training, Interventional Radiology, Radiation Technician, Laboratory Technician, Oncology Nursing. Moreover, Merck Foundation provides One-year and Two-year Post Graduate Diploma and Master Degree of Cancer and Clinical Oncology, Medical Oncology and Pain Management from reputed Universities in the UK like, such as the University of South Wales, University of Buckingham, Queen Mary University of London, and Cardiff University. The 34 countries include Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo Brazzaville, Democratic Republic of the Congo, Ethiopia, Gabon, The Gambia, Ghana, Guinea, Kenya, Liberia, Malawi, Malaysia, Mauritius, Mozambique, Namibia, Nepal, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal, Sierra Leone, South Africa, Sri Lanka, Tanzania, Togo, Uganda, Zambia, and Zimbabwe. According to WHO data (2022), Africa sees roughly 1.1 million new cancer cases and up to about 700,000 cancer deaths each year. Cancer mortality rates in Africa are much higher than in many other regions of the world, reflecting late diagnosis, limited access to care, and gaps in health systems. Therefore, Merck Foundation’s oncology scholarships play a critically important role in strengthening cancer care capacity across the continent. Dr. Rasha Kelej further shared, “Nearly two-thirds of cancer cases can be successfully treated when diagnosed early, and up to one-third can be prevented by reducing key risk factors such as exposure to radiation, certain infections, and lifestyle-related causes. To raise awareness about it, we have recently launched a children storybook and its adaptive animation film “Ray of Hope”, in partnership with African First Ladies. The story deals with childhood cancer and highlights the critical importance of early detection and access to well-trained cancer care teams capable of recognizing early warning signs.” Read ‘Ray of Hope’ storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1760607426_e5e3447ae2996a8d743f.pdf# Watch ‘Ray of Hope’ animation film here: https://youtu.be/6vCAufPnCPw Merck Foundation has also created awareness materials including awareness leaflets and videos on Cancer Prevention and Early Detection. Dr Judith Mkwaila, Merck Foundation Alumni from Malawi shares, “It was a great honor and privilege to be awarded the Merck Foundation Scholarship to pursue the Surgical Oncology fellowship training program at Krishna Vishwa Vidyapeeth, India. The fellowship gave me both, theoretical and hands-on training in complex oncological procedures for head and neck cancers, breast, upper gastrointestinal and colorectal cancers. I was exposed to a multidisciplinary team approach in cancer care hence deepening my knowledge and skills in a multimodality approach to cancer treatment for both curative and palliative purposes. Due to the knowledge and skills acquired through the training, I was able to start a General Surgical Clinic and become the First and Only Female Chief Surgeon at the Mzuzu Central Hospital. I am very thankful to Merck Foundation for the opportunity given to me to pursue this fellowship program and for continuing this noble cause of increasing access to high quality cancer care.” Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View the Image, Click on the Link Below: Merck Foundation and African First Ladies are Making History in Africa by Training the First Oncologists and Cancer Care teams in their Countries.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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