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February 6, 2026
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West Bengal welfare budget defends expansive social spending, claiming major poverty reduction and targeted farmer transfers.
The interim welfare budget emphasizes sustained social spending and targeted transfers to reduce poverty and unemployment, citing a 1.72 crore poverty reduction claim and a 45.65% decline in unemployment for those aged 15+ between 2017-18 and 2023-24. Core measures include near-universal food and health coverage under Khadya Sathi and Swasthya Sathi, Rs 27,016 crore disbursed to 1.10 crore farmers under Krishak Bandhu, Kharif 2025 payouts, irrigation fee waivers, increased ASHA/ICDS honoraria and benefits, expanded support for gig workers, and contested central dues to the state.
February 6, 2026
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Gadchiroli to become a green steel hub with an integrated steel ecosystem and regional industrial development plans.
Transform Gadchiroli into a green steel hub by creating a comprehensive steel ecosystem to produce competitively priced steel, establish multiple industrial magnet hubs, and progress initial MoUs and large private investments. Complementary initiatives include an integrated automobile facility, integrated textile parks, an aviation training school, targeted skills development for industry, and three upcoming industrial clusters aimed at fostering export-oriented industries and regional economic contribution.
February 6, 2026
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Nirav Modi's bid to postpone a Bank of India civil trial over health and prison constraints was rejected.
An adjournment application based on severe vision loss, clinical depression and prison constraints was refused because the defendant would not suffer a substantial disadvantage nor be denied equality of opportunity in the imminent eight day Bank of India trial; the court criticised late notice and repeated delay tactics, treated operational failings by the Prison Service as unsatisfactory but not dispositive, and dismissed a late challenge to a purported personal guarantee.
February 6, 2026
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Kerala CM accuses Congress over Sabarimala gold case, questions need for a CBI probe and criticises Centre on high-speed rail project
The Chief Minister alleges a political nexus in the Sabarimala gold loss case, asserting that Devaswom authorities under a prior Congress administration permitted the prime accused's access and that a purportedly missing temple pedestal was later found in the accused's relative's home. He states a SIT is probing the matter under High Court monitoring while opponents demand a CBI probe and questions the political motives behind that demand.
February 6, 2026
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Reserve Bank keeps rates steady and caps digital fraud compensation at Rs 25,000 while courts weigh online right to be forgotten.
The Reserve Bank kept benchmark rates unchanged and announced a consumer compensation cap of Rs 25,000 for digital banking fraud victims; the Supreme Court will examine applying the right to be forgotten to online news while enhancing compensation awards in fatality cases; the election authority rescheduled final electoral rolls and extended objections periods; and the foreign ministry is coordinating with foreign authorities for the release of abducted nationals.
February 6, 2026
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Rupee volatility amid RBI rate pause, geopolitical tensions and oil price rise; reserves surge supports market liquidity
Rupee depreciation against the US dollar was driven by external factors including geopolitical uncertainty over US-Iran talks and rising global crude prices; this weakened the currency to 90.65 despite an earlier intraday appreciation. The Reserve Bank maintained the repo rate, a monetary policy pause that temporarily supported the rupee but did not prevent losses caused by sustained foreign fund outflows; outcome: the rupee closed lower. Concurrently, foreign institutional investment flows and a substantial increase in the forex reserves to a record high materially affected market liquidity and exchange rate dynamics, reinforcing the interplay between capital flows and exchange rate movements.
February 6, 2026
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Eknath Khadse land deal: non-bailable warrant issued after failure to appear in money laundering probe.
Non-bailable warrants were issued after the court rejected vague, undocumented exemption claims and ordered appearance for charge framing in a money laundering prosecution arising from an allegedly undervalued government land purchase; the court found prima facie material of criminal misconduct and sufficient evidence to proceed to trial, and adjourned the matter while similar warrants exist in a related anti-corruption matter.
February 6, 2026
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IndiGo plane experienced landing gear lever issue; manual mode used and aircraft landed safely before resuming flights.
An IndiGo A321 neo on flight 6E2157 experienced a landing gear lever issue that rendered automatic mode inoperative; crew used manual mode to land safely with over 210 persons aboard, the malfunction was addressed, and the aircraft later operated other flights.
February 6, 2026
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Trade deals opposed by unions seeking mass participation in Feb 12 strike over labour codes and agricultural guarantees.
Major workers' and farmers' organisations oppose recent India foreign trade negotiations and domestic policy measures as threats to agriculture, industry, employment and policy autonomy, alleging lack of transparency and stakeholder consultation; they demand parliamentary scrutiny, a legal guarantee of MSP, and rollback of the VB G RAM G Act, while contesting four labour codes as undermining association and collective bargaining rights and objecting to liberalisation measures across insurance, seeds, electricity, education and nuclear liability.
February 6, 2026
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Economy is stronger with stable inflation; central bank signals policy rates likely to stay low and sustain liquidity.
The central bank views growth as improving with stable inflation and expects policy rates to remain low for an extended period; the MPC split on stance with one member for "accommodative" and five for "neutral". Inflation volatility reflects base effects, food prices and commodity moves while core inflation shows no broad pressures. The bank revised up GDP forecasts partly due to an anticipated trade deal, denied active sales of US treasuries though reserve changes can affect holdings, and pledged ongoing liquidity to ensure transmission across credit, money and bond markets. It welcomed liberalisation of foreign investment in insurance and a tax holiday for data centres, and highlighted liquidity and stable funding ratios over cyclical credit-deposit concerns.
February 6, 2026
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NABARD approvals and halted revenue deficit grant risk major fiscal shortfall for state finances, prompting tougher revenue measures.
The state secured 73 project approvals totaling Rs 713.87 crore for 2025-26 across public works and water management, while the stoppage of the revenue deficit grant - a recurring constitutional transfer - is projected to create an almost Rs 50,000 crore shortfall, prompting plans for increased revenue measures and stricter financial management.
February 6, 2026
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AAP leader Lucky Oberoi shot dead in Jalandhar; police pursuing leads, technical analysis and charges filed.
An AAP leader, Lucky Oberoi, was fatally shot outside a Jalandhar gurdwara as CCTV captured an assailant and an accomplice fleeing on a two-wheeler. Police registered charges for murder, common intention and criminal conspiracy under the Bharatiya Nyaya Sanhita and offences under the Arms Act, and report multiple leads. Investigative steps include collection of mobile-tower dumps for technical analysis, IP tracking of an unverified social media claim, and review of reconnaissance possibilities; no organised-crime angle has been confirmed to date.
February 6, 2026
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Jammu and Kashmir tourism budget proposes Rs 180 crore for Amarnath Yatra and increased tourism infrastructure funding.
The budget allocates Rs 180 crore to modernise Shri Amarnath Ji pilgrimage infrastructure in partnership with the Border Roads Organisation, expands environmental infrastructure including a 3.2 MLD sewage treatment plant and solid waste management upgrades, increases tourism and youth affairs capital outlay to Rs 472 crore, and designates Rs 109 crore for culture-sector capital projects focused on heritage revival and museum modernisation.
February 6, 2026
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Jammu and Kashmir seeks economic self-reliance through multi-sector budgets prioritising agriculture, dairy, tourism and infrastructure investments.
The UT government frames economic self reliance as requiring sustained multi sector reforms, directing the budget to agriculture, horticulture, dairy expansion, industry, tourism and handicrafts while treating hydropower as a future, capital intensive revenue source. Operational priorities include strengthening canal irrigation and desilting, protecting productive agricultural land through constrained conversion, finalising the Jammu Master Plan, suspending damaging railway alignments, and allocating social measures such as free LPG cylinders and provisions for Kashmiri Pandits within a realistic fiscal stance.
February 6, 2026
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Sampre Nutrition's subsidiary to build a food processing facility in Egypt on a 30,000 sq m allocated site.
Sampre Nutrition's subsidiary will establish a food processing and confectionery manufacturing facility in Egypt after Orascom Industrial Parks approved allocation of a 30,000 sq m land parcel, enabling cross border expansion of manufacturing capacity and supporting the company's international growth strategy.
February 6, 2026
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India-China border: BJP accuses Congress of ceding territory and questions alleged China funding to Rajiv Gandhi Foundation.
A government spokesperson accused a former ruling party of ceding Indian territory to China and alleged undisclosed Chinese funding to the Rajiv Gandhi Foundation, demanding disclosure of amounts and purposes. The speaker asserted prior failures in border infrastructure and contrasted them with current measures: record defence expenditure, expanded defence manufacturing, construction of border roads and airfields, and assertive military responses to Chinese encroachments.
February 6, 2026
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Vidarbha to become development hub with 6,600 MW secured by a 25 year power purchase agreement and major investments.
Adani Group projects aim to bolster Vidarbha's energy supply through a 3,300 MW thermal plant, revival of a 600 MW project, and a combined 6,600 MW assured by a 25 year power purchase agreement, alongside a proposed Rs 70,000 crore coal gasification complex expected to generate 30,000 direct jobs and an underground mining project prioritising minimal land use and water conservation.
February 6, 2026
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Sabarimala gold case accused secured bail amid alleged collusion between UDF and LDF, says Nitin Nabin.
Allegations that the UDF and the LDF coordinated to secure bail for accused in the Sabarimala gold loss case are presented as a claim of political collusion that harmed religious sentiment and sanatan traditions. The speaker ties this to broader charges of misgovernance, corruption, appeasement, and threats to centres of devotion, and urges public action while promoting a contrasting development and faith protection agenda.
February 6, 2026
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Jammu and Kashmir budget announces welfare, infrastructure and governance measures with Aadhaar based DBT and targeted sectoral investments.
The Jammu and Kashmir 2026-27 budget implements governance reforms by moving all Centrally Sponsored Schemes to the SPARSH system with mandatory Aadhaar-based Direct Benefit Transfers, proposes incentives for hardship area staff and local employment conditions for concessionary industrial units, and funds market support for artisans including a Unity Mall. It allocates major sectoral investments for a Restructured Weather Based Insurance Scheme, CA storage expansion, irrigation subsidies, livestock embryo transfer labs, education and early childhood upgrades, healthcare infrastructure and specialised departments, and social protection measures including scholarships, orphan sponsorships via DBT, transport for persons with disabilities, and six free LPG cylinders yearly for AAY households.
February 6, 2026
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West Bengal interim budget proposes new social payouts, continuation of pensions, and supplementary grants amid funding shortfalls.
The Rs 4.06 lakh crore interim budget increases Lakshmi Bhandar by Rs 500 for women, launches a Rs 1,500 monthly Yuvasathi stipend for unemployed youth while maintaining Yuvasree, preserves widow and old-age pensions, and targets uplift of tribals and backward communities. The finance minister alleges the Centre has withheld GST and project funds, forcing the state to use its resources and move supplementary budgets. Opposition criticised the vote-on-account as an election-oriented proposal and questioned the lawfulness and beneficiary details. A supplementary grant of over Rs 16,994 crore was tabled.

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Manipal Institute of Technology (MIT), Manipal, to Host Manipal Entrepreneurship Summit 2026 from 12-14 February

February 6, 2026

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Manipal, Karnataka, India (NewsVoir) The Manipal Entrepreneurship Summit 2026 (MES 2026), India’s leading student-led entrepreneurship and innovation platform organised by the Entrepreneurship Cell of the Manipal Institute of Technology (MIT), Manipal, a constituent unit of Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, will be held from 12 to 14 February 2026. The three-day summit will convene students, startups, investors, industry leaders, creators, and policymakers from across India to promote innovation, collaboration, and entrepreneurial development.

Manipal Entrepreneurship Summit is recognised as one of India’s most energetic student-led startup platforms. It seeks to boost the national entrepreneurial ecosystem by integrating thought leadership, funding options, competitive events, and extensive industry engagement in a single event. The summit offers a distinctive space where young innovators can connect directly with seasoned entrepreneurs and industry specialists, facilitating the transformation of ideas into tangible, real-world ventures.

Lt. Gen. (Dr.) M. D. Venkatesh, VSM, (Retd.) Vice Chancellor, MAHE, stated, “The Manipal Entrepreneurship Summit 2026 underscores MAHE’s vision of promoting innovation-driven education and entrepreneurship as key enablers of national development. By bringing together academia, industry, startups, and policymakers on a common platform, MES 2026 exemplifies our commitment as an Institution of Eminence to nurturing socially relevant, scalable, and sustainable ventures. Such initiatives empower students to become job creators and responsible leaders in a rapidly evolving global economy.” Dr. (Cdr) Anil Rana, Director, Manipal Institute of Technology (MIT), Manipal, said, “The Manipal Entrepreneurship Summit 2026 reflects MIT's sustained commitment to nurturing innovation, entrepreneurship, and industry readiness among students. By providing a platform that connects young minds with industry leaders, investors, and policymakers, MES 2026 enables experiential learning beyond the classroom and encourages students to translate ideas into impactful ventures. Such initiatives play a critical role in strengthening India’s startup ecosystem and preparing future-ready entrepreneurs.” The summit will commence with keynote and guest sessions by well-known entrepreneurs and creators, including Shantanu Deshpande, Ankur Warikoo, and Sahiba Bali. Their journeys across startups, content creation, and brand building are expected to inspire students and early-stage founders. A key highlight of MES 2026 is Pitch Tank, a pan-India startup pitching competition. Over 650 participants and 100+ teams will present their business ideas before venture capitalists and angel investors. The competition offers a prize pool of Rs. 1.5 lakh, along with mentorship and potential funding support.

MES 2026 will also feature the Innovation Mela, the summit’s flagship startup expo. The expo will showcase 150+ startups, MSMEs, research labs, and student innovators, and is expected to attract over 22,000 visitors, making it one of the largest innovation showcases in the region. The platform provides startups with valuable exposure, partnership opportunities, and direct access to investors and industry leaders.

Introducing a strong policy focus this year, MES 2026 will launch the Innovation Policy Consortium (IPC), a national inter-college initiative. Through this platform, student bodies will collaboratively develop research-based policy recommendations to address key challenges in India’s startup ecosystem. The final policy document will be presented to government representatives during the summit. The summit will conclude with an Influencers’ Conclave, featuring prominent entrepreneur-creators such as Parul Gulati and Gaurav Taneja (Flying Beast). The conclave will offer insights into digital-first businesses, personal branding, and community-driven growth.

With a legacy of over 25,000 attendees in previous editions, the Manipal Entrepreneurship Summit continues to serve as a national platform that supports emerging startups and local MSMEs, while providing students with meaningful industry exposure beyond the classroom. MES 2026 reinforces Manipal’s position as a leading hub for entrepreneurship and empowers the next generation of founders and changemakers.

About Manipal Academy of Higher Education Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University, offering over 400 specialisations across Health Sciences, Management, Law, Humanities & Social Sciences, and Technology & Science. MAHE operates through its constituent institutions across campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai.

Renowned for its academic excellence, world-class infrastructure, and impactful research contributions, MAHE has earned strong national and international recognition. In October 2020, the Ministry of Education, Government of India, conferred MAHE with the prestigious Institution of Eminence status. Currently ranked 3rd in the National Institutional Ranking Framework (NIRF), MAHE continues to be a preferred destination for students seeking a transformative learning experience and vibrant campus life, as well as for national and multinational organisations seeking top talent.

(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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