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    Industry bodies welcome West Bengal interim budget's thrust on urban infra
    Women, youth in focus as Bengal unveils Rs 4.06 lakh cr pre-poll budget, BJP calls it 'false doc'
    India, Malaysia set to ink pact for cooperation in semiconductor sector during PM Modi's visit
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February 5, 2026
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Interim budget focuses on urban infrastructure: road widening, encroachment regulation, corridors, MSME parks and a global trade centre.
Interim budget prioritises infrastructure-led growth via district town modernisation, road widening and encroachment regulation to unlock corridor development, continued investment in industrial and economic corridors, logistics connectivity and MSME parks, and the proposed global trade centre supported by public private collaboration to develop sustainable, people friendly cities.
February 5, 2026
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West Bengal pre-poll budget increases women's Lakshmir Bhandar and proposes Rs 1,500 monthly youth stipend.
The interim Rs 4.06 lakh crore vote-on-account prioritises welfare: Lakshmir Bhandar payments rise by Rs 500 (to Rs 1,500/1,700 for general/SC-ST women) with an additional Rs 15,000 crore allocation and immediate disbursement from February; Banglar Yuva Sathi proposes Rs 1,500 monthly for unemployed youth (21-40) for up to five years subject to rollout from August 15 if the incumbent is returned, with Rs 5,000 crore earmarked. The opposition contends many promises are election-oriented and may be restricted by the Model Code of Conduct.
February 5, 2026
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India Malaysia visit advances semiconductor cooperation, defence partnerships, trade reviews and renewed extradition request for Zakir Naik.
India and Malaysia will formalise cooperation including an anticipated agreement on semiconductor cooperation, prioritise trade and investment facilitation and review bilateral economic instruments under ASEAN frameworks; they will explore defence sales and technical cooperation on maintenance and upgrades (Dornier aircraft, Scorpene naval mid life upgrades, Su 30 fleet support) and will renew India's diplomatic request for extradition while engaging with industry leaders and the diaspora under the countries' comprehensive strategic partnership.
February 5, 2026
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Karnataka Congress leadership: Shivakumar expects high command to call him when a political decision is taken.
Internal party leadership dynamics center on the expectation that the national party high command will intervene to resolve a leadership tussle in Karnataka by summoning state leaders when it takes a political decision. D K Shivakumar expressed confidence he will be called to New Delhi for such determinations, while allied MLAs and ministers urged an early resolution to prevent damage to party unity and electoral prospects.
February 5, 2026
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Prime Minister Modi condemns parliamentary disruptions, says opposition cannot "dig his grave" and highlights government achievements.
Prime Minister addressed the Rajya Sabha during the Motion of Thanks, condemning Opposition interruptions as insults to the President's office and the Constitution, and asserting that electoral defeats and personal attacks will not unseat him because of broad popular support. He criticised a principal opposition party for corruption, double standards and derogatory remarks, accused regional parties of protecting illegal entrants harming tribal and youth interests, and reiterated government achievements-security operations, economic performance, startup promotion and recent trade deals-as proof of governance and progress toward national development goals.
February 5, 2026
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Punjab-Canada economic cooperation explores investment, technology collaboration and alignment of Invest Punjab operations to boost sustainable growth.
A Punjab delegation and a Canadian delegation led by Alberta's Indigenous Relations minister discussed strengthening economic ties, with Punjab presenting its industrial ecosystem, investment opportunities, an industry-friendly ease of doing business approach, and the operational framework of Invest Punjab; technology and innovation were identified as priority sectors for collaboration.
February 5, 2026
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Himachal geothermal energy: state signs MoU with Geotropy to begin exploration with no state cost.
A Memorandum of Understanding between the Himachal Pradesh government and GEOTROPY ehf./Geotropy India establishes immediate commencement of geothermal exploration to assess and harness the state's geothermal potential as a continuous renewable energy source, with the state confirming that exploration will not impose financial liability on it.
February 5, 2026
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Haryana agriculture: State targets Rs3.67 lakh crore priority sector credit and promotes tech-driven rural development.
Haryana's strategy pairs innovation and institutional finance to tackle agricultural challenges by prioritising infrastructure and productivity intensification. NABARD's State Focus Paper 2026-27 sets the state's priority sector credit potential at Rs 3.67 lakh crore-Rs 1.32 lakh crore for agriculture and Rs 2.11 lakh crore for MSMEs-while RIDF sanctions support roads, irrigation, storage, renewable energy and social infrastructure. The plan also focuses on Smart Agriculture Zones, crop diversification, micro irrigation, FPO strengthening, cooperative reform, timely bank credit and measures to improve farm to market linkages.
February 5, 2026
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U.S. markets fell as Alphabet's massive spending plans and softer job data drove tech sell-offs and lower Treasury yields.
U.S. equities and commodities fell as investor focus shifted from quarterly profits to elevated corporate capital expenditures and weakening labour-market signals. Alphabet's planned near-doubling of equipment and investment spending drove tech-sector selling, while rising unemployment claims, increased layoffs and fewer advertised openings pushed Treasury yields down amid greater odds of eventual rate easing. Precious metals and bitcoin corrected sharply, and global markets declined alongside U.S. losses.
February 5, 2026
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UT-with-Assembly model undermines governance; approval of Business Rules sought to clarify administrative roles pending constitutional change.
Omar Abdullah urged abolition of the Union Territory-with-Assembly model as unworkable, citing conflicted control over senior appointments and functions-illustrated by a mid-budget finance secretary transfer and the Resident Commissioner post given as additional charge-which impede budget preparation and central coordination; he urged approval of the Transaction of Business Rules to clarify delegation and administrative roles pending any constitutional change.
February 5, 2026
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India rejects report of NSA Doval's US visit and meeting; MEA says no such visit or meeting occurred.
The Ministry of External Affairs denied a media report that the National Security Adviser visited Washington and met a senior US official to press for renewed trade negotiations, stating there was "absolutely no basis" for the claim and that no such visit or meeting occurred; the report's allegations about India's refusal to be bullied and its willingness to wait out the US administration were likewise rejected.
February 5, 2026
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India trade deals with the EU and US reduce tariffs, aim to remove non tariff barriers and expand market access.
India concluded a comprehensive free trade agreement with the European Union and a bilateral trade deal with the United States that reduces reciprocal tariffs on Indian goods to 18% and contemplates elimination of tariffs and non tariff barriers, thereby altering tariff schedules and market access conditions; these international commitments are coupled with domestic reforms to enhance export competitiveness and institutional resilience.
February 5, 2026
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Airline inspections found 377 of 754 analysed aircraft with recurring defects; regulator stepped up surveillance and staffing.
Of 754 aircraft across six scheduled carriers analysed for repetitive defects since January 2025, 377 were identified with recurring defects. The Air India Group had 267 analysed aircraft, of which 191 (nearly 72%) had repetitive defects. DGCA reported 3,890 surveillance inspections, 56 regulatory audits, 84 surveillance of foreign aircraft, 492 ramp checks, 874 spot checks and 550 night surveillance events, and increased sanctioned technical posts from 637 to 1,063 to address manpower shortfalls.
February 5, 2026
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Posing as Hindu saints led to arrests for impersonation and possession of forged identity documents in Muzaffarnagar.
Six individuals were arrested for allegedly posing as Hindu religious mendicants and collecting alms; a criminal case was registered under relevant penal provisions for impersonation and related offences. Investigators recovered forged identity documents, including counterfeit Aadhaar cards, from the suspects, and further inquiry into the scope and method of the alleged fraud is ongoing.
February 5, 2026
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Lok Sabha Speaker says he had information of an attempt on the Prime Minister's seat; PM asked not to attend.
Speaker said he had concrete information that opposition members might reach the Prime Minister's seat and carry out an unexpected act, and therefore requested the Prime Minister not to come to the House to reply to the Motion of Thanks. The Motion of Thanks was passed by voice vote without the Prime Minister's customary reply amid opposition sloganeering, posters in the Well, rejection of amendments by voice vote, and the Speaker's warnings and adjournment of the House to uphold parliamentary dignity.
February 5, 2026
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Indo-US trade deal defended as protecting farmers while promoting exports and criticised opposition's parliamentary obstruction.
The Agriculture Minister defended the Indo-US trade agreement as preserving staple crops and dairy, asserting farmers' interests are protected while tariff reductions will boost exports of rice, spices, textiles and benefit cotton growers, and denied that large quantities of US agricultural imports will open domestic markets; he also criticised the Opposition for obstructing parliamentary debate and misrepresenting the deal.
February 5, 2026
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West Bengal economy projected to grow 7.62% in 2025-26, driven by tax revenue gains and rising capital expenditure.
West Bengal's Economic Review projects real GSDP growth of 7.62% for 2025-26 and estimates nominal GSDP at about Rs 19.91 lakh crore based on First Advance Estimates. The Review highlights multi fold growth in the state's own tax revenue and a sustained rise in capital expenditure since 2011 12, focused on roads, bridges and social and economic development, as underpinning factors for the projected expansion.
February 5, 2026
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Rupee inches up on India-US trade optimism but faces pressure from dollar demand, oil prices, and RBI rate uncertainty.
The rupee rose to 90.34 against the US dollar on optimism about an India-US trade deal and lower commodity prices, though gains were capped by corporate dollar demand and weak equities. Analysts projected USD INR trading ranges near 90.00-90.50 and 90.05-90.88. The RBI's Monetary Policy Committee met to set bi monthly rates, with the bank having cut the repo by 125 basis points since last February and facing a choice between status quo and a further cut; dollar strength, crude prices and FIIs' selling were noted as sources of pressure.
February 5, 2026
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India prioritises energy security, diversifying crude sources while remaining open to Venezuelan supplies amid a US tariff reduction.
Ensuring energy security for 1.4 billion Indians is the government's supreme priority, guiding a policy of diversifying energy sourcing based on objective market conditions and commercial merits; procurement decisions are driven by national interest and market dynamics. The statement also notes a negotiated reduction in US tariffs on Indian goods to 18 percent and indicates openness to commercial crude supply options such as Venezuela, subject to sanctions and commercial viability.
February 5, 2026
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Supertech EV begins operations at Harapanahalli plant with local assembly and capacity for 12,000 two-wheelers annually.
Supertech EV Limited has started operations at its Harapanahalli, Karnataka manufacturing facility with annual capacity for 12,000 electric two-wheelers and 1,200 electric three-wheelers, undertaking complete local assembly of its established scooter and three-wheeler models and targeting monthly sales of about 500 units while expanding market presence in southern and western India.

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Hanumankind and Vishal Dadlani Turn Up the Thunder with Thums Up

February 5, 2026

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Link to the Anthem: Here MUMBAI, India, Feb. 5, 2026 /PRNewswire/ -- India's iconic billion-dollar brand Thums Up by Coca-Cola India just dropped a high-octane 'Taste the Thunder' anthem with Hanumankind and Vishal Dadlani. Capturing the brand's signature toofani spirit, the line "Aaj Kuch Toofani Kartein Hain" forms the lyrical core for the song - packing in raw, unapologetic energy and youthful attitude in every beat. Thums Up's collab with Hanumankind and Vishal Dadlani amplifies youth relevance and sharpens its position as a bold cultural innovator. Reflecting Thums Up's strong taste and toofani personality, both artists embody intensity, instinct, and individuality. Hanumankind brings in the uncompromising edge of India's new-age hip-hop movement – raw and rooted in street cred. Vishal brings decades of mainstream cultural authority and cross-generational rock resonance. Conceptualized by WPP Ogilvy, and produced in collaboration with Universal Music Group, the Taste the Thunder anthem puts out a clarion call to youth to do something epic today! The anthem was debuted at an invite-only press and creator showcase in Mumbai, attended by Hanumankind, Vishal Dadlani, Bijoy Shetty, Sushin Shyam, and Varun Grover. Directed by Bijoy Shetty, it delivers powerful visuals that speak directly to India's youth. Composed by Sushin Shyam, the track carries a contemporary, cinematic sound, while Varun Grover's Hindi lyrics capture youth camaraderie and collective energy. Hanumankind's English rap adds a raw, fearless edge, bringing the anthem's bold spirit to life. The anthem also features notable sports personalities, including cricketers Suryakumar Yadav and Rinku Singh, further cementing Thums Up's long-standing connection with cricket. It anchors the brand's new summer campaign, which goes live during the much-awaited ICC Men's T20 World Cup. Thums Up is merging the trifecta of cricket, cinema, and music to create high-decibel, surround-sound marketing across multimedia platforms. Greishma Singh, Vice President, Marketing, Coca-Cola India and Southwest Asia said, "Young consumers are increasingly moving from passive viewership to active participation. They seek moments that pull them in, move fast, and feel real. That belief has shaped the 'Taste the Thunder' anthem. 'Aaj Kuch Toofani Karte Hain' is a shout out for shared energy, friends coming together, instinct kicking in. All things Toofani!" Sukesh Nayak, Chief Creative Officer, Ogilvy India, said, "Today's youth aren't just spectators—they are the main event. They crave experiences that are fast, visceral, and unapologetically real. And they are not willing to push it or defer it to kal - tomorrow', this experience is to be lived and lived together and lived now. This hunger for action is the pulse of the 'Taste the Thunder' anthem. 'Aaj Kuch Toofani Karte Hain' isn't just a tagline; it's a rallying cry for shared adrenaline, instinctive moves, and the raw energy of friendship. It is the definition of Toofani." Devraj Sanyal, Chairman & CEO, India and SVP Strategy, Africa, Middle East & Asia, Universal Music Group added, "Thums Up turning 49 isn't nostalgia — it's momentum. Bringing Hanumankind's raw energy together with Vishal Dadlani's iconic voice, produced by the legendary Sushin Shyam, and Hindi lyrics by the masterful Varun Grover, felt like culture colliding with conviction. What we've created isn't just a new version of a jingle — it's a statement. Shot with insane intent by the madly talented Bijoy Shetty, powered by Early Man Films. For me to create something so unapologetically powerful isn't just a celebration — it's thunder redefined. Proud doesn't even begin to cover it." Vishal Dadlani said, "What made this collaboration fun was how different our musical worlds are. We didn't try to tame those differences or force them into one neat sound. The whole point was to spark off each other and create something toofani. That's where the real rush comes from, and that's what gives the song its personality." Hanumankind said, "The song came to us easy. The version you are all hearing is very close to what came to us the first time we were in the studio. We got some good heads together for this one, and now we're here." Bijoy Shetty said, "We looked at what has always defined the world of Thums Up: The need to step beyond to feel something. Everything you see in the film is meant to keep the energy rising with the music for the viewers." Marking the brand's first major visual evolution in over two decades, Thums Up also recently introduced a refreshed visual identity and logo. Built to be sharper, more dynamic and future-ready, the refreshed visual world reflects the same confidence and intensity that have long been core to Thums Up's identity, now expressed in a way that aligns with how today's youth show up. About Coca-Cola India: Coca-Cola in India is one of the country's leading beverage companies, offering a range of high-quality and refreshing beverage options to consumers. The company, in line with its vision of 'Beverages For Life' offers a wide portfolio of products which includes hydration, sports, sparkling, coffee, tea, nutrition, juice and dairy based products. In India its beverage range includes Coca-Cola, Coca-Cola Zero Sugar, Diet Coke, Thums Up, Thums Up XForce, Charged, Fanta, Limca, Sprite, Sprite Zero, Kinley Soda, Rim Zim, Maaza, Minute Maid range of juices and Honest Tea. The Company also offers hydration beverages including Limca GlucoCharge, Smartwater, Kinley, Kinley Copper, Dasani and Bonaqua packaged drinking water. Premium products constitute Schweppes' range and Smartwater. In addition, it offers a Costa Coffee range of tea and coffee. The Company is constantly transforming its portfolio, from reducing sugar in its drinks to bringing innovative new products to market. The Company along with its owned bottling operations and franchise bottling partners has a strong network of over six million retail outlets through which it refreshes millions of consumers across the country. It seeks to positively impact people's lives, communities and the planet through water and packaging initiatives, sustainable agriculture and emission reductions across its value chain. Globally together with its bottling partners, The Coca-Cola Company employs more than 700,000 people, helping to bring economic opportunity to local communities worldwide. Learn more at www.cocacolacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn. Video: https://www.youtube.com/watch?v=gHe6KF7DgDY Photo: https://mma.prnewswire.com/media/2877733/Thums_Up_New_Anthem_Launch.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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