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February 6, 2026
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India's first ADAS test city launches to accelerate ADAS adoption and real world validation of vehicle safety technologies.
The ADAS Test City at ARAI provides a purpose-built track for structured, real world testing and validation of Advanced Driver Assistance Systems to accelerate ADAS adoption and improve road safety, enabling localisation, calibration and scale-up of technologies across vehicle segments.
February 6, 2026
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Reserve Bank policy: banks may be allowed to lend to REITs; repo rate held steady.
The Reserve Bank of India kept the repo rate unchanged at 5.25 percent with a unanimous Monetary Policy Committee vote and maintained a neutral policy stance. It proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with specified prudential safeguards to deepen the financing pool for the real estate sector.
February 6, 2026
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Deputy chief of Russian military intelligence shot and wounded in Moscow amid a series of targeted attacks on senior officers.
A senior Russian military intelligence officer, Lt. Gen. Vladimir Alekseyev, was shot multiple times in Moscow and hospitalised, triggering an official investigation and calls to bolster protection for senior officers amid a series of prior assassinations and explosive attacks against Russian military figures that authorities have linked to Ukrainian actors.
February 6, 2026
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Bomb threat email to Ranchi Civil Court led to police search, bomb squad deployment and heightened security; no device found.
An email alleging an explosive device at the Ranchi Civil Court prompted police to open a formal inquiry, deploy the bomb disposal squad, and conduct comprehensive searches; no suspicious items were found and authorities treated the message as a hoax while increasing security and continuing investigation.
February 6, 2026
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Regional budget announces welfare and development measures including SPARSH DBT, solar initiatives, healthcare expansion, and education support.
The budget sets out a multi-sectoral development agenda combining revival of biotech parks, R&D support, renewable energy projects, and agricultural measures including crop insurance and storage expansion, alongside economic promotion of crafts and trade. It implements SPARSH with Aadhaar-based Direct Benefit Transfer for financial transparency and introduces social welfare measures such as full fee waivers for vulnerable students, free LPG for eligible households, scholarships, and transport for persons with disabilities, together with significant health and education infrastructure investments.
February 6, 2026
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Rupee falls to 90.70 as RBI holds repo rate and geopolitical uncertainty plus oil and FII flows strengthen the dollar.
The Reserve Bank's decision to maintain the repo rate at 5.25 per cent initially supported the rupee, but geopolitical uncertainty over US-Iran talks, a sharp rise in global crude oil prices, and net selling by foreign institutional investors combined to drive the currency down to settle at 90.70 against the US dollar, with market analysts projecting a near-term USD-INR trading range around 90.40-91.20.
February 6, 2026
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Siddaramaiah's leadership affirmed; party high command signals no change, and MUDA closure report grants him a clean chit.
The party high command signalled no leadership change and Siddaramaiah is expected to remain chief minister for five years, with the party prioritising budgetary and revenue concerns over leadership disputes. Speculation linked to a prior power sharing arrangement with the deputy chief minister persists. Separately, a 'B' report in the MUDA allotment matter was accepted by a special court, described as a clean chit to Siddaramaiah and others, though an appeal remains possible.
February 6, 2026
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Chromebook procurement in Andhra Pradesh flagged for restrictive tender conditions limiting competition and raising public value concerns.
Allegations state that the centrally funded procurement of 51,885 Chromebooks used restrictive tender conditions-notably specified foreign certifications-that GeM flagged as limiting competition, yet remained uncorrected before bid closure; industry says equivalent standards were excluded, the tender effectively matched only one OEM, an extension to secure savings was denied, and an IDC quality benchmark was removed, prompting calls for independent review of procurement compliance and value for money.
February 6, 2026
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Bangalore Watch Company opens a flagship boutique showcasing collections, archival aviation and space pieces, and hosting community events.
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February 6, 2026
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Sabarimala gold loss case: ED summons actor Jayaram in a PMLA probe over alleged temple gold extraction and asset concealment.
Enforcement Directorate summoned actor Jayaram in a PMLA money laundering probe alleging that sacred Sabarimala gold clad artefacts were misrecorded as copper, removed for replating, taken to private firms for chemical gold extraction, and that the extracted gold and related assets were retained, transferred and concealed as proceeds of crime; ED has conducted searches, frozen assets and seized a gold bar while investigative questioning continues.
February 6, 2026
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Impetus achieves Great Place To Work Certification again, highlighting culture, people strategy, and GenAI talent investments and innovation.
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February 6, 2026
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Jammu and Kashmir's Rs 1.27 lakh crore budget prioritises inclusive growth, fiscal prudence, debt sustainability and targeted welfare measures.
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February 6, 2026
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February 6, 2026
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LIBF Expo 2026 showcased India's sector-driven platforms for cross-border trade and regulatory compliance dialogue and capital access.
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Hourly hotel stays require ID, verified listings, and remedies for check in failures, with policies varying by property.
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February 6, 2026
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Deputy chief of Russian military intelligence wounded in Moscow shooting amid a series of targeted killings.
A senior Russian military intelligence deputy was shot and hospitalised in Moscow; authorities reported the attack without naming a suspect. The incident follows several recent targeted killings and bombings of high-ranking officers, some blamed on Ukraine and some claimed by Ukrainian agencies, with at least one suspect arrested in an earlier case. Reporting notes the shooting occurred just after international negotiations but does not link the talks to the attack; operative legal effects are confined to criminal investigation and questions of attribution.
February 6, 2026
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ASHA workers protest, rejecting Rs1,000 honorarium hike and demanding a fixed monthly salary of Rs15,000.
ASHA volunteers protested a Rs 1,000 honorarium increase and demanded conversion to a fixed monthly salary of Rs 15,000, rejecting performance linked allowances and seeking limits on duties to mother and child support. The state announced the hike to Rs 6,250 and administrative benefits including a one time Rs 5 lakh death in service payment and maternity leave; demonstrators seek formal recognition of a predictable salary entitlement and meetings with health officials to change payment structure and employment conditions.
February 6, 2026
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Union budget 2026-27 launches an AI Mission and Critical Minerals Mission to bolster technology capacity and supply chains.
The union budget 2026-27 sets a long-term fiscal and policy roadmap toward 'Viksit Bharat-2047', releasing due funds to states and establishing an AI Mission with budgetary support and a Critical Minerals Mission to secure inputs for semiconductors, renewable energy and green hydrogen to strengthen technological capacity and supply chains.
February 6, 2026
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Parliamentary disruptions over the President's address raise questions on ministerial answers, Speaker intervention, and institutional accountability.
The dispute centres on parliamentary procedure during debate on the President's address: the opposition alleges the Prime Minister avoided answering questions in the Rajya Sabha and that recurring Lok Sabha disruptions demonstrate the government's refusal to run the House democratically. The Prime Minister countered that those disruptions insulted the President, the Constitution, and specified social groups, while the Speaker's reliance on intelligence to manage participation and the adequacy of that intervention were contested. The exchange implicates ministerial responsibility, acceptable protest in chambers, and oversight of executive conduct.
February 6, 2026
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Air India's Vihaan.AI is largely complete; remaining work is fleet refit and dealing with operational headwinds to reach profitability.
Air India's Vihaan.AI transformation has completed most planning, design and certification phases; remaining tasks are mechanical rollouts-manufacturing, seat delivery and installation-and completion of fleet refits across about 190 aircraft, while external headwinds like airspace closures, a fatal accident and other disruptions continue to affect operational performance and the timeline to profitability.

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Elan Group Engages Leighton Asia for the Construction for 'Elan the Mark', Sector 106, Gurugram and Issued LOI of INR 1000 Crores

February 5, 2026

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Gurugram, Haryana, India – Business Wire India Elan Group has engaged Leighton India, part of CIMIC Group, and has issued a Letter of Intent (‘LoI’) of INR 1000 Crores for the Construction of ‘Elan The Mark’, located in Sector 106, Dwarka Expressway, Gurugram. Elan The Mark is part of the Elan Group's landmark and prestigious larger development of approx 50 plus acres integrated township, with a blend of retail, commercial, residential and hospitality, designed to be a next-generation ecosystem of luxury living, bringing together a high-end mall, high-street retail, A-Grade office spaces, five-star hotel and branded residences.

The construction contract for ‘Elan The Mark’ covers nearly 5.5 million sq.ft. (which includes current and future phases/ developments, to be developed over a period of time) of built-up area and includes comprehensive civil structure works. What sets this landmark apart and distinct is its international appeal, crafted by some of the world’s most distinguished architects, urban designers and construction experts. The development includes the involvement of Benoy (London, UK) which has created a striking design that balances modernity with timeless elegance; SWA (California, USA), a global leader in landscape architecture that has designed the project’s sprawling outdoor spaces ensuring a seamless integration of greenery; WET Design (California, USA), which has introduced breathtaking water installation; Meinhardt Façade Technology (Singapore), bringing world-class expertise in designing iconic building envelopes that define modern skylines; LERA (New York, USA) which is leading the project’s structural design; Thornton Tomasetti (New York, USA) contributing its global engineering expertise to ensure the highest standards of structural integrity and sustainability; Lerch Bates (USA), a globally respected leader in vertical transportation and building systems consultancy ensuring seamless luxury experiences; and RWDI (Ontario, Canada), renowned for its advanced wind, acoustics and microclimate solutions that shape high-rise environments performing flawlessly under real world conditions, while Leighton Asia, (Asia-Pacific), is globally recognized as a tier one international construction company.

The announcement comes on the back of strong market interest in Elan Group’s developments, reflecting sustained demand for high-quality, design-led retail and lifestyle destinations in one of Gurugram’s most sought-after micro-markets.

Leighton Asia has been awarded significant Civil, Structure and MEP contracts by ‘Elan Group’ for its ongoing prestigious projects, which include ‘Elan The Presidential’, ‘Elan The Imperial’, ‘Elan The Emperor’, and now ‘Elan The Mark’.

Mr. Rakesh Kapoor, Chairman, Elan Group, said, "'Elan The Mark’ embodies our relentless vision to create world-class mixed-use developments that redefine global benchmarks in design, craftsmanship and living experiences. This iconic development marks a transformative new era of ultra-luxury in India. Our continued partnership with ‘Leighton Asia’ further reinforces Elan Group’s commitment to collaborating with the finest global expertise, ensuring excellence, precision and distinction at every stage of delivery.” ‎ Mr. Brad Davey, Managing Director, Leighton Asia, said, "With over two decades of deep-rooted experience in India, ‘Leighton Asia’ is committed to setting new benchmarks in quality, sustainability, and excellence across large-scale residential, commercial and mixed-use developments. We are honoured to partner with ‘Elan Group’ on this prestigious landmark project, ‘Elan The Mark’ and look forward to delivering a destination that redefines global standards of construction and luxury." About Elan Group ‘Elan Group’ has been established with the aim to revolutionise the principles of “Trust, Quality & Sustainability” in the Real Estate Industry. Over the past decade, these foundational and fundamental values have driven the Elan Group’s remarkable growth, positioning Elan Group as a leader in the luxury real estate sector. The Group’s unwavering commitment to delivering exceptional experiences and pioneering innovation has set new benchmarks in the industry. With a vision to ‘Build The Future,’ ‘Elan Group’ is dedicated to transforming the Indian realty landscape through its ultra-luxury projects across commercial, retail, residential, mixed-use and hospitality sectors. Elan Group’s portfolio consists of 15 projects comprised of residential, retail, commercial, mixed-use and hospitality. These projects spread across Gurugram and New Delhi, offering a built-up area of approximately 25 million sq. ft.

About CIMIC Group Limited CIMIC Group is an engineering-led services, construction and natural resources leader with a history dating back to 1899. Powered by 39,000 people, and pioneering technology and engineering, CIMIC Group delivers high-value and sustainable solutions across the lifecycle of assets, infrastructure and resources projects in around 20 countries. CIMIC Group comprises of its engineering and construction businesses – namely ‘CPB Contractors’ and ‘Leighton Asia’, its integrated solutions providers UGL and Sedgman, its natural resources company Thiess (60% ownership), and its development and investment arm Pacific Partnerships – all supported by its in-house engineering consultancy EIC Activities. CIMIC Group’s mission is to generate sustainable returns by delivering innovative and competitive solutions for its clients and safe, fulfilling careers for its people. CIMIC Group strive to be known for its principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety.

To View the Image, Click on the Link Below: Elan Group engages Leighton Asia for the Construction for ‘Elan The Mark’, Sector 106, Gurugram and issued LOI of INR 1000 Crores (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 PWR PWR

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