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    RBI keeps interest rates on hold after US trade deal boosts outlook
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February 6, 2026
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Reserve Bank holds repo rate at 5.25% and announces consumer compensation, MSME credit boost, NBFC and market reforms.
The central bank kept the repo rate at 5.25% and retained a neutral stance, citing benign inflation and sustained growth momentum. It announced draft guidelines on mis selling, loan recovery, recovery agents and limiting customer liability for unauthorized electronic transactions, proposed customer compensation up to Rs 25,000 for small-value frauds, a discussion paper on digital payments safety, raised collateral free MSME loan limits to Rs 20 lakh, eased NBFC registration and branch approval requirements for small NBFCs, and proposed removing the Rs 2.5 lakh crore VRR investment cap subject to category ceilings.
February 6, 2026
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RBI raises GDP growth projections for Q1 and Q2 FY27 to 6.9% and 7%, citing trade deals and GST rationalisation.
The Reserve Bank of India raised quarter wise real GDP forecasts for Q1 and Q2 of FY27 to 6.9% and 7.0% respectively, revising up earlier projections and announcing that full year 2026-27 estimates will follow in April after adoption of updated GDP and CPI series (base 2024=100). The upward revision is attributed to stronger agricultural output, trade agreements, GST rationalisation, and sustaining demand from private consumption and fixed investment.
February 6, 2026
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Lok Sabha proceedings were adjourned after Opposition protests disrupted the House and prevented the Prime Minister's customary reply.
Lok Sabha proceedings were adjourned until noon after Opposition members entered the Well, shouted slogans and displayed placards, prompting the Speaker to suspend business within minutes and to urge orderly conduct, noting 19 hours and 13 minutes lost to disruptions in the session. The adjournment followed sustained government-Opposition confrontation and the unusual passing of the Motion of Thanks without the Prime Minister's customary reply due to opposition sloganeering.
February 6, 2026
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RBI pause on rate cuts: repo rate held at 5.25% with neutral stance, sparking equity declines and IT selling pressure.
The Reserve Bank of India retained the repo rate at 5.25% and kept a neutral stance in its sixth bi monthly monetary policy review, pausing further rate cuts amid geopolitical uncertainties; the pause coincided with a market reaction of lower equity indices, IT sector selling pressure, and foreign institutional outflows.
February 6, 2026
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Ease of Doing Business reforms strengthen digital trade facilitation, tax certainty, and trust-based customs clearance.
The Budget advances a single digital window and Customs Integrated System for expedited cargo clearance, use of non-intrusive scanning and AI, recognition of trusted importers and AEO preferences, expanded duty deferral, and immediate release for goods without compliance requirements; it also proposes rationalisation of MAT including conversion to a final tax at a reduced rate, integrated assessment and penalty reforms, expanded immunity frameworks, and decriminalisation or monetisation of minor technical offences to reduce litigation and compliance burdens.
February 6, 2026
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RBI monetary policy: repo rate unchanged, neutral stance; measures for fraud compensation and MSME credit expansion.
Monetary policy retains the repo rate at 5.25% with a neutral stance, revises GDP and CPI projections for Q1-Q2 FY27, notes muted underlying inflation excluding precious metals, and records forex reserves. Operational measures include a customer fraud compensation framework up to Rs 25,000, protections against digital fraud for senior citizens, doubling collateral free MSME loans to Rs 20 lakh, allowing banks to lend to REITs, and relaxing certain NBFC branch opening norms.
February 6, 2026
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Reliance Digital's Chill Fest offers off season cooling deals with Rs. 1 EMI on ACs, big discounts, free delivery and extended warranty.
Reliance Digital's 'Chill Fest' offers off season incentives on cooling appliances combining discounts up to Rs. 21,000, Rs. 1 EMI on ACs, additional bonuses and assured gifts, free delivery and installation, a complimentary outdoor unit, and a five year extended warranty to increase consumer value and accessibility.
February 6, 2026
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Birla Carbon launches Continua SCM production line in Italy, enhancing circular material supply and regulatory-compliant product consistency worldwide.
New dedicated production line at Birla Carbon's Trecate facility will finish and pack Continua SCM-circular material from end-of-life tires-sourced from Circtec's Netherlands pyrolysis plant to provide large-volume, consistent supply, increase recycled content, enable blending options, reduce homologation costs, and ensure regulatory compliance for customers.
February 6, 2026
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Milliken showcases advanced polymer additives improving clarity, barrier performance, recyclability and manufacturing efficiency at PLASTINDIA 2026.
Milliken & Company is presenting advanced polymer additives at PLASTINDIA 2026 that improve optical clarity, processing efficiency, barrier performance and recyclability. Key offerings include next-generation clarifiers for polypropylene, nucleating agents, barrier improvers for polyethylene enabling downgauging and mono-material design, performance modifiers for virgin and recycled resins, and specialized colorants and laser-marking additives for engineered polymers and food-contact applications.
February 6, 2026
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India-GCC FTA ToR set the negotiation framework for tariff, services, investment and market access commitments.
The Terms of Reference create the formal negotiation framework for an India-GCC Free Trade Agreement, defining scope and modalities to guide talks on tariff and non tariff measures, rules of origin, services, investment provisions and mechanisms to enhance predictability and stability; the ToR aim to translate existing trade and investment linkages into negotiated commitments on market access, investment facilitation and sectoral cooperation.
February 6, 2026
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Startup recognition framework revised to raise turnover limits, create deep tech category and include cooperative societies.
The revised framework raises the general startup turnover threshold from Rs.100 crore to Rs.200 crore, establishes a Deep Tech Startup category with an extended age limit of 20 years and a turnover cap of Rs.300 crore, and extends startup recognition eligibility to Multi State and State/UT Cooperative Societies subject to other criteria.
February 6, 2026
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Coca Cola India expands hydration access and local vendor employment at Magh Mela 2026, adding recycled plastic public infrastructure.
Coca Cola India and bottling partner SLMG Beverages deployed an on ground ecosystem at Magh Mela 2026 to provide chilled beverages via hydration carts and coolers across Prayagraj and travel corridors, integrating local vendors and retailers to create income opportunities under the "Locally Yours" campaign, while Anandana - The Coca Cola India Foundation's #MaidaanSaaf organised waste collection and installed public utilities made from recycled plastic to manage waste and enhance visitor infrastructure.
February 6, 2026
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NexTech Summit 2026: invite-only CIO forum on AI operationalization, cyber resilience, and enterprise modernization.
NexTech Summit 2026 is an invite-only, attendance limited forum for over 500 CIOs and senior technology leaders focused on AI operationalization, cyber resilience, enterprise architecture modernization, and aligning technology programs with measurable business outcomes through closed-door keynotes, panels, and curated discussions supported by an enterprise technology partner ecosystem.
February 6, 2026
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VinFast India and Bank of Baroda sign MoU to provide INR 200 crore in dealer invoice financing for dealers.
An MoU between VinFast Auto India and Bank of Baroda establishes dealer invoice financing: Bank of Baroda will extend INR 200 crore on flexible terms to VinFast dealers, using its pan India network and digital platforms to provide supply chain and inventory financing tailored to dealer liquidity and distribution expansion.
February 6, 2026
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LTIMindtree named Leader for payments IT services, highlighting ISO 20022 migration, real-time payments and AI-driven modernization.
LTIMindtree was positioned as a Leader in the Everest Group Payments IT Services PEAK Matrix Assessment 2025 for delivering large-scale payments transformation that combines modernization scale, platform alliances, and innovation to enable real-time, cross-border, and ISO 20022-compatible payment environments, backed by product engineering, payment hub modernization, scheme compliance, Centers of Excellence, and AI-driven capabilities via the BlueVerse ecosystem.
February 6, 2026
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The Belgian Waffle Co's Waffletine's offers Rs.100 off on Rs.399+ orders with early-bird loyalty access and in-store experiences.
The Belgian Waffle Co's Waffletine's campaign offers a flat Rs.100 discount on bills of Rs.399+ across its product range at 720+ stores nationwide between 12-14 February, with an early-bird start on 11 February exclusively for Waffleverse loyalty members, supported by influencer promotion, in-store experiential elements, and social amplification.
February 6, 2026
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RBI pauses rate cuts, keeps repo at 5.25% with neutral stance amid low inflation and rupee depreciation risks.
The Monetary Policy Committee retained the repo rate at 5.25 per cent with a neutral stance, pausing further rate cuts after cumulative easing of 125 basis points since February 2025. The decision reflects very low CPI-based retail inflation-including a 0.25 per cent trough in October 2025-and the statutory inflation mandate of 4 per cent 2 percentage points, while weighing stronger GDP growth and a significant rupee depreciation that could raise imported inflation risks.
February 6, 2026
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Bitcoin and Asian markets fell as technology stocks and AI spending concerns drove broad market losses.
Asian equities and US futures fell as technology sector weakness and investor concern over large AI investments pressured markets; Bitcoin plunged about 9 percent (briefly over 12 percent), wiping out gains since the prior US election. Precious metals retreated after a safe haven rally, crude oil edged higher, and currencies showed modest moves amid cross asset volatility.
February 6, 2026
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Stock markets fell as IT stocks lagged and investors awaited a central bank policy decision amid foreign fund outflows.
Stock indices opened lower with IT heavyweights leading losses as investors remained cautious ahead of a central bank monetary policy announcement; foreign institutional selling and global technology weakness were cited as primary downward drivers affecting short-term market dynamics and sector volatility.
February 6, 2026
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Rupee rises on central bank monetary policy anticipation; gains limited by FII outflows and rising crude oil prices.
Rupee appreciation to 90.23 against the US dollar was driven by market positioning ahead of the central bank's monetary policy announcement, with guidance from that announcement cited as the main near term driver. Gains were capped by net foreign portfolio outflows, a firmer dollar index and rising global crude oil prices, which together limited stronger upward movement and shaped short term market expectations.

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Halfway to the Moon by Pratik Shah at the New Delhi World Book Fair’26 sold like ‘hot cakes’, proving yet again that poetry readership, although slim, is still remarkable

February 6, 2026

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At the New Delhi World Book Fair 2026, books and conversations were abundant for the readers. Amidst this humdrum, a poetry collection began to draw remarkable reader attention. At a time when poetry titles often find their audience gradually, Halfway to the Moon by Pratik Shah emerged as a pleasant surprise. Published by Nu Voice Press, a division of Hubhawks, and exclusively distributed by Penguin Random House India, Halfway to the Moon emerged as one of the fair’s most consistently selling poetry titles. The response to the book was rooted in recognition. Readers spoke of seeing their own uncertainties, relationships, and private questions reflected in the poems. Rather than relying on overt lyricism or ornamental language, Shah’s free verse is direct and observant, allowing the emotions to surface without being announced. This quality made the collection accessible to younger readers encountering contemporary poetry, while still offering enough depth to engage long-time poetry readers.

Halfway to the Moon is a wonderfully tied collection of forty poems written between 2016 and 2020, & is structured in three sections: Gulmohar, Milk, and Lunation. Gulmohar opens the collection by turning outward, capturing landscapes, politics, and everyday moments with a sense of alertness and unease. Milk moves into the terrain of love and relationships, exploring tenderness, desire, and emotional fracture, particularly during the volatile years of late adolescence. The final section, Lunation, turns inward, examining identity, mental states, and the search for meaning through introspective, often unsettling reflections.

When read together, the three sections trace the turbulent and deeply unsettled process of growing up and evolving in difficult times. This strikes a chord with readers immediately. The poems take the path through coming-of-age, disenchantment, love, and existential questioning without attempting to resolve them neatly, and this explains their wide appeal and acceptance across all age groups.

The author’s own creative journey adds further context to the work. Born in 1999, Pratik Shah began in theatre as a child actor at IPTA Balmanch, a wing founded by Kaifi Azmi. Over the years, he has worked across disciplines, including fiction, spoken-word poetry, advertising, and cinema. His spoken poetry performances have reached millions online, while his psychological horror short Psyche climbed to number two on Amazon Kindle’s global charts in its category. Shah has also worked with Ogilvy and was part of the direction team for Netflix’s Skater Girl. He holds a Master’s degree from MICA, Ahmedabad, and is the founder and creative director of the boutique studio 33 Womb.

Despite the author’s varied background, Halfway to the Moon is a deeply personal project. It doesn’t feel like a curated collection for the market but an honest record of feelings accumulated over the formative years. Another thing that really appealed to the authors is that all profits from the sales of Halfway to the Moon would be going to charity. When literature ascends from just the scope of being confined to a book and starts to make a real difference to human life is then that a book becomes an institution in itself.

The reception of Halfway to the Moon at the New Delhi World Book Fair suggests a continued appetite for poetry that speaks plainly about uncertainty, identity, and emotional growth. Without courting attention, the book found its audience, one reader at a time, confirming that contemporary poetry still holds the power to connect across generations when it chooses sincerity over spectacle.

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

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