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    Interest rates to remain at low level for long period of time: RBI Guv
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February 6, 2026
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Interest rates to remain low; policy decisions by committee; government borrowing manageable as T-bills support the yield curve.
Interest rates will remain low and may fall further, with the Monetary Policy Committee making rate decisions; the repo rate was held at 5.25% after a 125 basis point reduction since last February, while deposit-rate transmission has been slow and fixed deposit rates are expected to decline. Treasury bills will be used to manage the yield curve and support the government borrowing programme, recent trade deals may add marginal GDP growth, budget measures for data centres are expected to draw foreign investment, and currency in circulation has increased significantly.
February 6, 2026
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Sabarimala gold loss: ED questions former TDB officer in money laundering probe under PMLA, summons expected.
Enforcement Directorate is probing a money laundering angle under the PMLA in the reported loss of Sabarimala temple gold; former TDB administrative officer S Sreekumar, who signed documents when Dwarapalaka idols were taken for gold plating, was summoned and questioned. The ED has interrogated other former TDB officers and will summon accused from related SIT investigations, including the prime accused released on statutory bail, to pursue the money laundering inquiry.
February 6, 2026
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Banks lending to REITs proposed with prudential safeguards; draft rules and related market reforms to follow.
The Reserve Bank proposes permitting commercial banks to lend to REITs subject to prudential safeguards and a review of regulatory and governance frameworks, harmonising InvIT lending guidelines for parity, and issuing draft directions for public consultation; it also proposed a regulatory framework for derivatives on credit indices and total return swaps on corporate bonds, revised flexibility for Authorised Dealers and primary dealers in foreign exchange, and removal of the stated cap on Voluntary Retention Route investments subject to General Route ceilings.
February 6, 2026
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Vijay's challenge to Rs 1.5 crore income tax penalty dismissed; penalty held time bar valid and appellate remedy available.
Madras High Court held that the Income Tax Department's Rs 1.50 crore penalty for alleged non-disclosure of Rs 15 crore of film income was imposed within the statutory time limit and thus not open to interference; the department's findings were based on documents seized in a 2015 raid, and the petitioner was permitted to challenge the order before the appellate authority.
February 6, 2026
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Jammu and Kashmir budget prioritises inclusive growth, fiscal prudence, debt sustainability and targeted infrastructure investment for recovery.
The Union Territory Budget 2026-2027 prioritises inclusive growth and fiscal prudence, directing strategic investment to infrastructure, social services and job creating initiatives while addressing revenue constraints and high committed expenditure. With own revenues covering roughly 25% of needs and about 60% of spending committed to salaries, pensions and debt, the administration enforces austerity, maintains borrowings within approved limits to strengthen debt sustainability, and utilises Central special assistance for capital projects, disaster mitigation and hydroelectric development. Power sector reforms aim to reduce losses and expand the consumer base to ease fiscal pressure.
February 6, 2026
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Lok Sabha adjourned after opposition protests halted Budget business and blocked proceedings, forcing the Speaker to suspend sittings.
Parliamentary proceedings were adjourned for the day after opposition members' protests-trooping into the Well, displaying placards and shouting slogans-prevented consideration of the Union Budget and other business; the Speaker adjourned the House until Monday, warned against crossing into the treasury benches, recorded that over 19 hours of sitting time had been lost to disruptions, and noted that the Motion of Thanks proceeded without the Prime Minister's customary reply due to ongoing sloganeering.
February 6, 2026
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2026-27 Budget promotes inclusive growth, fiscal prudence, investment-led development and participatory governance for sustainable prosperity.
The 2026-27 Budget establishes a financial framework prioritizing sustainable growth, social cohesion and fiscal prudence, emphasizing investment, innovation and participatory governance to transform the territory into a modern, economically vibrant region.
February 6, 2026
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2025 Bihar Assembly elections challenged over alleged Model Code of Conduct breach by state scheme payments to women.
Allegation that state payments under the Mukhyamantri Mahila Rojgar Yojana, timed after the poll schedule and during the Model Code of Conduct, constituted a breach of electoral fairness and an impermissible advantage, with the petition invoking electoral supervision and statutory election law remedies; the bench characterised the pleading as a composite statewide election petition and indicated the dispute's single state character should be pursued in the competent High Court.
February 6, 2026
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DeepSnitch AI presale offers tiered bonuses, fundraising figures, and claims of potential 100x gains tied to user adoption.
Promotional material focused on a DeepSnitch AI (DSNT) presale, reporting over $1.48 million raised, an entry price of $0.03830, and a tiered bonus structure (30%, 50%, 150%, 300% codes) tied to projected exponential returns-including an asserted 100x price scenario contingent on reaching 1.35 million users. The piece names Shiba Inu and Canton as alternative speculative picks, cites institutional buying by ARK Invest for market context, and concludes with a press-release disclaimer that the distributor takes no editorial responsibility.
February 6, 2026
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Resolution professional arrested for alleged money laundering and misuse of the insolvency framework impacting creditor recoveries.
A former resolution professional was arrested under anti-money laundering laws for allegedly diverting funds during his CIRP tenure, channeling payments through intermediaries linked to his business interests back into his personal accounts as proceeds of an earlier alleged bank fraud; investigators say this misuse of the insolvency framework favored promoters and caused large creditor recovery losses, and the RP's registration had been suspended by the IBBI for related contraventions.
February 6, 2026
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DeepSnitch AI presale raised $1.48M with large tiered bonuses; Strium targets institutional tokenization with KYC and compliance.
The text reports a DeepSnitch AI presale raising $1.48M with tiered allocation bonuses (up to 300%) and utility claims via multi agent AI tools, and describes Strium, a new layer 1 blockchain for institutional trading of FX, tokenized equities and RWAs that will enable compliant dividend and royalty payments and require KYC and local compliance checks before issuance, with a proof of concept focused on settlement efficiency, resilience, and interoperability ahead of a public testnet.
February 6, 2026
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Oil and gas acreage bid deadline extended to May 29, 2026 for OALP X, giving bidders a three month extension.
The OALP X bid submission deadline has been extended to May 29, 2026, a fourth extension giving bidders three additional months, while DSF and special CBM bid deadlines remain unchanged. OALP X offers 25 blocks totalling about 191,986 sq km across onshore, shallow, deep and ultra deepwater tracts in 13 basins, including four Andaman blocks (~47,058 sq km). Under OALP/HELP, explorers identify acreage (with a five point advantage), areas are clubbed biannually, and blocks are awarded based on highest revenue share and committed work programmes; HELP provides reduced royalties, concessional early production rates, no oil CESS, retained exploration rights, and marketing and pricing freedom.
February 6, 2026
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Deepsnitch AI presale offers live market-intelligence tools while Fireblocks enables institutional custody and regulated settlement.
Fireblocks has integrated support for the Canton Network to enable regulated settlement and institutional custody of Canton-linked assets through its NYDFS-chartered trust entity; Fireblocks also operates a Super Validator on Canton. Deepsnitch AI is offered during a presale as a live market-intelligence product (SnitchFeed, SnitchScan) with disclosed token pricing, staking levels, bonus allocation mechanics and a closed-access testing period, and the document reiterates standard cryptocurrency risk disclaimers and notes broader institutional integrations.
February 6, 2026
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Agricultural carbon credits in India risk benefiting intermediaries unless transparency and fair revenue-sharing protect farmers.
Agricultural carbon credits monetise practices that sequester soil and biomass carbon, offering mitigation potential and farmer income only if supported by robust measurement and verification, fair revenue-sharing, aggregation models, and policy measures; concentrated market control by large aggregators-including firms with input-intensive histories-creates risks of information asymmetry, value capture by intermediaries, and greenwashing, requiring transparency, independent verification, and safeguards to ensure benefits reach farmers and address drivers of soil degradation.
February 6, 2026
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Enforcement Directorate files chargesheet over alleged money laundering in R G Kar Hospital financial irregularities.
The Enforcement Directorate submitted a chargesheet under the Prevention of Money Laundering Act following an ECIR tracing an alleged illicit money trail relating to financial irregularities at R G Kar Medical College and Hospital; accused Sandip Ghosh remains in judicial remand after arrest by the CBI.
February 6, 2026
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Joyville launches premium row houses in Howrah offering private ownership within a managed gated community with extensive amenities.
Joyville Shapoorji Housing launches Shapoorji Pallonji One Estate: an 8 acre enclave of 180 premium row houses within Joyville Howrah that pairs private ownership with a managed gated community. The project features landscaped open spaces, communal outdoor areas, a clubhouse with 25+ amenities, on site retail, and strategic connectivity to major transport nodes and arterial roads, presented as part of the developer's ongoing gated community housing platform emphasising livability, security and infrastructure quality.
February 6, 2026
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Halfway to the Moon by Pratik Shah sold strongly at the New Delhi World Book Fair, praised for direct, resonant free verse.
Pratik Shah's Halfway to the Moon, a forty-poem free-verse collection published by Nu Voice Press and distributed by Penguin Random House India, sold strongly at the New Delhi World Book Fair 2026. Structured in three sections-Gulmohar, Milk, and Lunation-the poems move from outward observation to love and adolescent fracture, and finally to inward identity and mental-state reflection. Its direct, accessible voice resonated across age groups, and all author profits from sales were pledged to charity.
February 6, 2026
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Inflation projections revised upward due to rising precious metals prices; core inflation remains benign but upside risks persist.
The central bank modestly raised CPI inflation projections-current year to 2.1% and Q1/Q2 of 2026-27 to 4.0% and 4.2%-principally due to higher precious metals prices accounting for about 60-70 basis points; headline inflation remained low while core inflation excluding food and fuel is benign at 2.6%, though geopolitical, energy and weather risks present upside pressure and a new CPI series will inform the April full-year projection.
February 6, 2026
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Hasiru Farms launches VRUKSHA with 77km Cyclothon and 77 tree plantation promoting road safety and sustainable farmland.
Hasiru Farms launched the VRUKSHA managed farmland project alongside a 77 km Cyclothon to promote road safety and community engagement, culminating in a 77 tree plantation drive. VRUKSHA offers curated farmland plots within a professionally managed ecosystem with long term plantation planning and maintenance, communal wellness and learning areas, and theme based features such as Mannina Mane (mud homes) to integrate sustainability and cultural living.
February 6, 2026
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Lok Sabha disruptions led the Speaker to adjourn proceedings, citing lost time and warning on maintaining order.
Lok Sabha proceedings were disrupted by opposition protests, leading the Speaker to adjourn the House until noon after recording that over 19 hours of the session had been lost. The chair warned members against crossing into the treasury benches and emphasized the need to maintain order; disruptions followed the disallowance of a quotation from an unpublished memoir and culminated in the Motion of Thanks being passed without the Prime Minister's customary reply due to relentless sloganeering.

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India's Protein Gap: A survey by LocalCircles & Country Delight Reveals 60% of Urban India is Protein deficient

February 5, 2026

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Nationwide survey finds 71% of consumers are willing to switch to more affordable protein alternatives National, February 05, 2026: Country Delight, India’s leading fresh and clean-label dairy and kitchen essentials brand, has commissioned a nationwide study with LocalCircles, India’s largest community and consumer pulse platform, to understand urban India’s protein awareness and consumption patterns. The extensive study gathered over 2,07,000 responses from consumers across the top 25 metro and urban districts in India, making it one of the most comprehensive surveys on the subject. The findings highlight an urgent need to improve protein literacy and access to affordable protein sources among Indian consumers. The survey found that 6 out of 10 urban Indians surveyed are not consuming protein-rich foods daily, while only 4 in 10 urban Indians (out of the total 18,352 respondents) include protein-rich foods like lentils, eggs, milk, paneer, fish, or nuts in their everyday meals. This gap shows that despite rising health consciousness, protein still doesn’t have a consistent place in most Indian diets. In addition, nearly three-fourths of respondents could not correctly identify the daily protein requirement for an average adult (the ICMR recommends average daily protein consumption of 0.66 to 0.83 grams per kilogram of body weight for healthy Indian adults). The data points to a significant knowledge gap even among health-aware urban consumers. Around 85% (out of the total 19,580 respondents) reported not keeping any record or estimate of their daily protein intake. This lack of monitoring suggests that even when consumers eat what they believe to be a “balanced” diet, they may be missing key nutrients without realizing it. In addition, half of all urban Indians surveyed are unaware of the role protein plays in supporting muscle strength, immune function, and energy levels. 50% of the urban Indian population don’t associate common symptoms like tiredness, hair fall, or low immunity with inadequate protein intake. This shows that awareness campaigns about the long-term impact of protein deficiency are still needed. Affordability emerged as the top reason for reduced protein intake, followed closely by taste preferences and dietary restrictions. Many vegetarians also avoid certain protein-rich foods due to cultural choices, further limiting options. However, most respondents confirmed that availability isn’t the issue; protein-rich foods are present in local markets and stores. The challenge lies more in affordability and awareness rather than access. Of the total participants, 61% were men and 39% women, representing a diverse urban demographic. Commenting on the findings, Dr Vishakha Shivdasani, a physician practicing disease reversal or lifestyle diseases, said, “India is a protein-deficient nation, and this deficiency can contribute to muscle loss, poor immunity, metabolic dysfunction and declining cognitive health across all age groups. Protein is not a body-building nutrient or a fitness fad. It is a foundational requirement for daily health, disease prevention, and healthy ageing. Prioritizing protein in the Indian context will help with long-term wellness and resilience.” Speaking about the findings, Mr. Chakradhar Gade, CEO & Co-founder, Country Delight, added, “Country Delight’s vision is to help India live better, every product we create begins with a deep understanding of what consumers need. This study has reinforced that affordability, awareness, and convenience are key barriers when it comes to protein consumption. Keeping these in mind, we are introducing a range of high-protein essentials — from milk, dahi, and paneer to bread, batter, eggs, atta, and more — ensuring every Indian gets their required natural protein through simple, everyday foods.” In line with the insights from this survey, Country Delight has recently launched High Protein Cow’s Milk, containing 2X (30g) protein per 450ml pack — meeting 50% of the daily RDA in just one serving. The new high-protein milk has no added protein powders, stabilizers, emulsifiers, or artificial ingredients. The milk is made using advanced natural filtration technology that reduces excess water while preserving all essential nutrients. In addition, Country Delight and HRX, India’s leading fitness and active lifestyle brand founded by Hrithik Roshan and Exceed Entertainment, have joined hands to launch Mission Protein – a nationwide initiative aimed at addressing India’s growing protein deficiency. https://www.instagram.com/reel/DQWs42mCPWh/ (Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.). PTI

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