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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.
February 5, 2026
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Amit Rautela appointed CFO at Patratu Vidyut Utpadan Nigam to oversee financials and optimise borrowing costs.
Appointment of Amit Rautela as Chief Financial Officer of Patratu Vidyut Utpadan Nigam assigns him responsibility for all company financials with priorities to optimise borrowing costs, improve working capital, and strengthen fiscal discipline for the 74:26 NTPC-Jharkhand joint venture; his prior CFO experience at Meja Urja Nigam Private Limited and over 27 years in finance are noted.
February 5, 2026
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Tamil Nadu Cabinet approves 15 industrial projects worth Rs 34,237 crore, creating 55,000 jobs across the state.
The state government granted Cabinet approval to 15 industrial project proposals totaling Rs 34,237 crore, covering expansions and new projects across Chennai, Ranipet, Thiruvallur and other districts, including an international footwear brand, and projecting the creation of 55,000 jobs as part of the executive's investment promotion measures.
February 5, 2026
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Unemployment claims rose to 231,000, signaling modestly higher separations amid a broader hiring slowdown and fewer job openings.
Initial unemployment-claim applications rose by 22,000 to 231,000 for the week ending January 31, above forecasts, with the four-week moving average up to 212,250 and continuing claims at 1.84 million. These high-frequency claim measures indicate modestly higher separations amid an overall hiring slowdown: just 50,000 jobs added in December and 584,000 jobs for 2025. Declining job openings and high-profile corporate layoffs, coupled with recent Fed rate trims and a subsequent hold, are identified as contributing factors to softer hiring momentum.
February 5, 2026
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Civil Services Examination requires mandatory face authentication and restricts eligibility of candidates already appointed to IAS, IFS, or IPS.
UPSC requires mandatory face authentication at examination venues, advises Aadhaar use for identity verification, mandates upload of photograph, live photograph capture and three signatures in the CAF, and bars withdrawal or post submission corrections. The notification enforces eligibility restrictions: serving IAS and IFS officers are ineligible for CSE 2026; appointments to IAS/IFS after prelims preclude mains participation and appointments after mains commencement but before results exclude candidates from CSE 2026 consideration. Time to make representations on prelim papers is reduced to five days.
February 5, 2026
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West Bengal interim budget expands cash transfers and targeted allowances to consolidate voter blocs ahead of assembly elections.
The interim vote-on-account repackages targeted welfare as electoral commitments by immediately raising Lakshmir Bhandar allowances, proposing the conditional Banglar Yuva Sathi unemployment stipend with an Rs 5,000 crore allocation, increasing stipends and compensations for frontline workers, granting a four per cent dearness allowance hike for government employees and pairing these measures with MSME parks, a Rs 2,000 crore rural job allocation and a river-erosion master plan for electorally sensitive districts.
February 5, 2026
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West Bengal interim budget projects 14% higher spending to Rs 3.96 lakh crore and narrows the revenue deficit.
The interim budget projects total expenditure of Rs 3.96 lakh crore for 2026-27 with a vote-on-account for the first four months, a marginal overall deficit of Rs 4 crore (Rs 62.70 crore including opening balance), and a narrowed revenue deficit of Rs 21,759.34 crore. Major allocations include Rs 1.80 lakh crore for social welfare and Rs 86,533.10 crore for capital expenditure (over half for loan repayments); own-tax revenues, central grants-in-aid, and market borrowings are separately forecast.
February 5, 2026
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India US trade deal nearing completion reportedly cuts US tariffs on Indian exports to 18 percent and advances critical minerals cooperation.
A bilateral India US trade agreement is in advanced finalisation and reportedly includes a tariff reduction to 18 percent and removal of a 25 percent additional levy tied to energy purchases; the deal is expected to boost Indian exports and labour intensive industries. Concurrently, cooperation on critical minerals is advancing and further engagement on defence and energy is anticipated, while India emphasises energy security and historical commercial ties with Venezuela when assessing supply options.
February 5, 2026
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Soda ash plant expansion gets environmental clearance, doubling capacity, adding sodium bicarbonate production and jobs.
SOKA has obtained environmental clearance to double soda ash capacity from 500,000 to 1,000,000 MTPY in phased steps (first to 750,000 MTPY), will add sodium bicarbonate production, uses a captive co generation power facility, and anticipates ~2,000 new jobs while strengthening domestic supply for detergents, glass (including solar glass), textiles, chemicals, and export markets.
February 5, 2026
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Leasing residential flats does not automatically bar consumer-protection claims; focus is on the purchaser's dominant commercial purpose.
A purchaser's exclusion from "consumer" status due to leasing depends on whether the dominant purpose of purchase was profit-generating commercial activity; the onus of proving such a commercial purpose and a close nexus to profit lies on the party asserting the exclusion, and mere leasing does not ipso facto demonstrate that dominant commercial intention.
February 5, 2026
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Bharat Taxi launch: cooperative, driver-owned ride-hailing with zero-commission fares and direct profit sharing.
A driver-owned ride-hailing platform registered as a multistate cooperative implements a zero-commission, surge-free fare model that keeps Rs 20 per Rs 100 as the platform share (owned by drivers) and channels Rs 80 directly to drivers, pairs collective ownership with mandated social-security measures, and will expand from initial pilot regions to nationwide operation within three years.
February 5, 2026
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Housing completion, modification of sports board ban, and dearness allowance directed for past service period.
Orders addressed completion of 16 stalled housing projects by a state contractor for an insolvent developer; modification permitting a sports administrator's board association; direction to pay dearness allowance for 2008-2019 as a legally-enforceable right; adjournment of an NSA detention challenge; upholding of a legislative election. The court authorised the civil service commission to flag delays in senior police appointment proposals, called for fresh hearing of retrospective environmental clearance challenges, and listed petitions on election challenges and deregistration for parties promising pre-poll freebies.
February 5, 2026
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European Central Bank holds deposit rate at 2% as growth stays resilient and inflation sits below target.
The European Central Bank kept its deposit rate at 2 percent as lower rates, low unemployment and easing energy costs supported resilient eurozone growth, while inflation fell to 1.7 percent. A US EU tariff deal reducing trade uncertainty and anticipated higher public spending in Germany, plus France's budget resolution via special powers, contribute to forecasts that rates may remain unchanged into 2027 absent stronger growth.
February 5, 2026
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Silver and gold plunged amid a global selloff as a stronger dollar and Chinese futures liquidations intensified the rout.
Silver and gold fell sharply as a stronger US dollar, hawkish Fed remarks and reduced safe haven demand triggered a global selloff; international pressures, notably a steep decline in Shanghai silver futures and forced liquidations at a major Chinese silver futures fund, intensified the rout and transmitted additional downward pressure to domestic precious metal prices.
February 5, 2026
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Manipur finances: state resources and tax collection rose, excise revenues and security funding increased, boosting resettlement and anti-narcotics efforts.
State resources rose from Rs 1,443 crore to Rs 2,087 crore between 2023-24 and 2024-25, with own tax collections improving markedly (Rs 1,254 crore by October 2025 versus Rs 608 crore in October 2024). Phased lifting of prohibition is expected to boost excise duty. The administration pursues a zero tolerance policy on narcotics-destroying illicit poppy cultivation and seizing drugs-and has secured Rs 196.61 crore for security and smart policing plus over Rs 54 crore for police infrastructure, while targeting resettlement of more than 10,000 IDP households.
February 5, 2026
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India-EU and India-US FTAs expected to boost manufacturing, exports, investment and job creation in key sectors.
NDA leaders in Kerala endorsed the economic effects of India's Free Trade Agreements with the US and EU, arguing the accords will expand market access, boost manufacturing and exports in electronics, semiconductors, apparel and footwear, attract investment, spur startups and job creation, and position India as a competitive supplier. They criticised the state government's development record and opposition resistance. An industry representative denied any improper link to an enforcement notice, characterised inspections as routine, and said alleged violations must be proven in court.
February 5, 2026
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Rajasthan's stone industry: investor-friendly policies, single-window clearances and infrastructure to boost value addition and exports.
The state announced an investor-friendly, policy-stable initiative for the stone industry centred on a single-window clearance, simplified procedures, stronger industrial infrastructure and improved logistics to facilitate business setup, value addition and access to global markets.
February 5, 2026
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SaltDiscovery Media Group launches Brand Communion to cover branding, marketing, and consumer behaviour with multilingual plans.
SaltDiscovery Media Group celebrated five years and launched Brand Communion, an English-language flagship focused on brands, marketing, public relations, consumer behaviour, and corporate storytelling for India and the Eurasian market, with plans for multilingual expansion; the group emphasised responsible journalism, intent to bolster research and analytics, expand its global contributor network in 2026, and to broaden its publishing portfolio including the forthcoming Business Journal Live.
February 5, 2026
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KaarTech named among India's Top 50 Best Workplaces in IT & IT BPM for commitment to trust and people first culture.
KaarTech was named one of India's Top 50 Best Workplaces in IT & IT BPM for 2025 by Great Place to Work India, attributed to a people first culture emphasising trust, inclusion, innovation, and strong employee experience, with the company's global operations, SAP S/4HANA engagements, proprietary IP (KTern.AI), and industry awards presented as contextual support for its workplace practices.

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Top 5 Favourites to Win the Player of the 2026 ICC T20 World Cup ft. Pathum Nissanka, Hardik Pandya, Mitchell Marsh, and More

February 6, 2026

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Hardik Pandya pushed India over the line in the 2024 ICC T20 World Cup Final Delhi, India (NewsVoir) The 2026 ICC T20 World Cup is less than a fortnight away, and the build-up to the T20 extravaganza is heating up as most of the teams are already playing or are set to play in bilateral T20I series to perfect their preparations for the tenth edition of the ICC T20 World Cup.

The tenth edition of the T20 World Cup would mark a new leaf in the history of the tournament, as this will be the first edition which would not be marked by the presence of former Indian skipper Rohit Sharma or former Bangladesh skipper Shakib al Hasan.

Veterans like David Warner and Virat Kohli have played some memorable performances in the recent editions of the marquee tournament, but will not appear in the 2026 edition. This year could mark the rise of new legends in T20Is with the likes of Suryakumar Yadav, Aiden Markram, Harry Brook, and Mitchell Marsh vying to win their first ICC tournament as the skipper of their respective nations.

While batters have majorly ruled the roost in terms of winning the Player of the Tournament accolade at the previous T20 World Cups, the last edition witnessed Jasprit Bumrah bagging the individual accolade after a thoroughly impressive performance, helping India end their 17-year wait for the ICC T20 World Cup trophy.

Let’s have a look at the top four favorites to win the Player of the Tournament award at the 2026 edition of the ICC T20 World Cup: #5 Marco Jansen (South Africa) Marco Jansen will have to contribute as a genuine all-rounder in the 2026 ICC T20 World Cup Marco Jansen has emerged as one of the best all-rounders in T20 cricket over the last couple of years, as his power-hitting abilities have consistently improved, and the lanky all-rounder now stands as the firm favorite to play at No.7 or No.8 for the Proteas.

Placed alongside New Zealand and Afghanistan in Group D, South Africa would have an unenviable task of being at their best from the word ‘go’, which could prove to be tough, as showcased in their 3-1 loss to India in a recent bilateral series in similar conditions.

Jansen showcased his power-hitting in the dead rubber of the series, smashing two boundaries and three maximums in 12 deliveries and also bowled a brilliant spell of 2/25 in four overs in the only match Markram’s men won in the tournament.

#4 Mitchell Marsh (Australia) The Australian skipper has proven to be a powerhouse for Lucknow Supergiants, and despite the fact that Supergiants struggled in the 2025 edition of the Indian Premier League season, Marsh ended up in the Top 5 of the Orange Cap race with 627 runs in 13 innings at a strike rate of 163.71.

After winning the 2021 ICC T20 World Cup, Australia has suffered two consecutive disappointing campaigns in the tournament, and both campaigns hurt the Kangaroos in different ways. While the loss in the 2022 edition at home would have arguably hurt them the most, the fact that they were eliminated by dark horses Afghanistan from the last edition would have stung even more for the fans down under.

A product of Western Australian cricket, Marsh is one of the three Australian batters to feature in the Top 11 of the ICC T20I Men’s Batter rankings, alongside Travis Head and Tim David. The opening batter is well-versed with pitches in Mumbai, Ahmedabad, and Chennai, which could benefit the 2021 ICC T20 World Cup champions in the Super Eight stage.

#3 Mohammad Nabi (Afghanistan) Veteran all-rounder Mohammad Nabi would be a key figure in the middle-order for Afghanistan alongside Azmatullah Omarzai and Rashid Khan. Over the years, Nabi has proven his mettle by finishing several matches for the Afghan Atalans and has a career strike rate of 136.59, which further improves to 165.5 when we narrow his T20I record to matches played in India.

Along with his power-packed variety of batting shots, the 41-year old is a wily spinner who can spin webs around the opposition teams, especially on spin-friendly pitches in Chennai and Colombo.

Afghanistan will open their group stage campaign and end it at the M.A.Chidambaram Stadium in Chennai, and their tournament opener against New Zealand could prove to be crucial for their 2026 ICC T20 World Cup chances.

Nabi would be expected to support the spin trio of Mujeeb Ur Rahman, skipper Rashid, and Noor Ahmad while Fazalhaq Farooqi and Omarzai take care of the seam bowling duties. Afghanistan have a strong chance of making it to the semi-finals yet again if they play their cards right with Ibrahim Zadran and Darwish Rasooli in top form at the top of the order.

#2 Pathum Nissanka (Sri Lanka) Pathum Nissanka has been the shining light for Sri Lanka’s flailing batting order in the last couple of years. While the youngster started his career with timid strike rates in T20Is, Nissanka’s consistency and improvement in the last couple of years have been rewarded by a bidding war between Delhi Capitals and Kolkata Knight Riders at the 2026 IPL mini-auctionw which ended with the Capitals shelling out INR 4 Crores to sign the Lankan batter.

Over the last couple of years, the 27-year old has bulked up, gained more power, and opened his shot selection to more options, thus improving his strike rate to 138.53 in 2024 and 149.16 in 2025, which included a century against India in the 2025 Asia Cup. The opening batter stuck to his guns in a chase of 203 runs, scoring 107 runs off 58 balls, smashing 7 fours and 6 maximums, helping Sri Lanka take the dead rubber encounter to a Super Over battle.

The 2014 T20 World Cup champions endured a tough time in the last few editions, even failing to get out of the group stage in the 2024 edition of the tournament, finishing in third place behind Bangladesh. The Lankan Lions would be relying on the brilliance of Nissanka and Wanindu Hasaranga in home conditions, which would provide some much-needed familiarity to the players.

#1 Hardik Pandya (India) The defending champions are packed with a plethora of match winners, with Hardik Pandya the most proven all-round option and the senior-most player of the team in terms of appearances for the national team.

The Mumbai Indians skipper would be playing under the leadership of his franchise colleague Suryakumar Yadav, which could prove to be a blessing in disguise, as Pandya would be freed of the captaincy responsibilities and can fully focus on opening the bowling for the Men in Blue alongside Arshdeep Singh or providing the finishing touches with the willow in his hand.

Amidst a patchy injury record, the No.4-ranked all-rounder in the ICC T20I rankings has been completely focused on perfecting his preparations for the upcoming T20 World Cup, as the 32-year old sat out of the ODI series against New Zealand.

Since the start of 2024, Pandya has taken a wicket in almost every three overs in T20Is, and his career batting strike rate of 143.65 is improving further as Pandya has recorded strike rates of 150+ in the previous two calendar years.

Contributed By- Mohak Arora, Parimatch Sports analytics expert (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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