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    Industry bodies welcome West Bengal interim budget's thrust on urban infra
    Women, youth in focus as Bengal unveils Rs 4.06 lakh cr pre-poll budget, BJP calls it 'false doc'
    India, Malaysia set to ink pact for cooperation in semiconductor sector during PM Modi's visit
    Leadership issue: Shivakumar confident on high command call when it takes 'political decision'
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February 5, 2026
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Interim budget focuses on urban infrastructure: road widening, encroachment regulation, corridors, MSME parks and a global trade centre.
Interim budget prioritises infrastructure-led growth via district town modernisation, road widening and encroachment regulation to unlock corridor development, continued investment in industrial and economic corridors, logistics connectivity and MSME parks, and the proposed global trade centre supported by public private collaboration to develop sustainable, people friendly cities.
February 5, 2026
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West Bengal pre-poll budget increases women's Lakshmir Bhandar and proposes Rs 1,500 monthly youth stipend.
The interim Rs 4.06 lakh crore vote-on-account prioritises welfare: Lakshmir Bhandar payments rise by Rs 500 (to Rs 1,500/1,700 for general/SC-ST women) with an additional Rs 15,000 crore allocation and immediate disbursement from February; Banglar Yuva Sathi proposes Rs 1,500 monthly for unemployed youth (21-40) for up to five years subject to rollout from August 15 if the incumbent is returned, with Rs 5,000 crore earmarked. The opposition contends many promises are election-oriented and may be restricted by the Model Code of Conduct.
February 5, 2026
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India Malaysia visit advances semiconductor cooperation, defence partnerships, trade reviews and renewed extradition request for Zakir Naik.
India and Malaysia will formalise cooperation including an anticipated agreement on semiconductor cooperation, prioritise trade and investment facilitation and review bilateral economic instruments under ASEAN frameworks; they will explore defence sales and technical cooperation on maintenance and upgrades (Dornier aircraft, Scorpene naval mid life upgrades, Su 30 fleet support) and will renew India's diplomatic request for extradition while engaging with industry leaders and the diaspora under the countries' comprehensive strategic partnership.
February 5, 2026
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Karnataka Congress leadership: Shivakumar expects high command to call him when a political decision is taken.
Internal party leadership dynamics center on the expectation that the national party high command will intervene to resolve a leadership tussle in Karnataka by summoning state leaders when it takes a political decision. D K Shivakumar expressed confidence he will be called to New Delhi for such determinations, while allied MLAs and ministers urged an early resolution to prevent damage to party unity and electoral prospects.
February 5, 2026
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Prime Minister Modi condemns parliamentary disruptions, says opposition cannot "dig his grave" and highlights government achievements.
Prime Minister addressed the Rajya Sabha during the Motion of Thanks, condemning Opposition interruptions as insults to the President's office and the Constitution, and asserting that electoral defeats and personal attacks will not unseat him because of broad popular support. He criticised a principal opposition party for corruption, double standards and derogatory remarks, accused regional parties of protecting illegal entrants harming tribal and youth interests, and reiterated government achievements-security operations, economic performance, startup promotion and recent trade deals-as proof of governance and progress toward national development goals.
February 5, 2026
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Punjab-Canada economic cooperation explores investment, technology collaboration and alignment of Invest Punjab operations to boost sustainable growth.
A Punjab delegation and a Canadian delegation led by Alberta's Indigenous Relations minister discussed strengthening economic ties, with Punjab presenting its industrial ecosystem, investment opportunities, an industry-friendly ease of doing business approach, and the operational framework of Invest Punjab; technology and innovation were identified as priority sectors for collaboration.
February 5, 2026
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Himachal geothermal energy: state signs MoU with Geotropy to begin exploration with no state cost.
A Memorandum of Understanding between the Himachal Pradesh government and GEOTROPY ehf./Geotropy India establishes immediate commencement of geothermal exploration to assess and harness the state's geothermal potential as a continuous renewable energy source, with the state confirming that exploration will not impose financial liability on it.
February 5, 2026
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Haryana agriculture: State targets Rs3.67 lakh crore priority sector credit and promotes tech-driven rural development.
Haryana's strategy pairs innovation and institutional finance to tackle agricultural challenges by prioritising infrastructure and productivity intensification. NABARD's State Focus Paper 2026-27 sets the state's priority sector credit potential at Rs 3.67 lakh crore-Rs 1.32 lakh crore for agriculture and Rs 2.11 lakh crore for MSMEs-while RIDF sanctions support roads, irrigation, storage, renewable energy and social infrastructure. The plan also focuses on Smart Agriculture Zones, crop diversification, micro irrigation, FPO strengthening, cooperative reform, timely bank credit and measures to improve farm to market linkages.
February 5, 2026
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U.S. markets fell as Alphabet's massive spending plans and softer job data drove tech sell-offs and lower Treasury yields.
U.S. equities and commodities fell as investor focus shifted from quarterly profits to elevated corporate capital expenditures and weakening labour-market signals. Alphabet's planned near-doubling of equipment and investment spending drove tech-sector selling, while rising unemployment claims, increased layoffs and fewer advertised openings pushed Treasury yields down amid greater odds of eventual rate easing. Precious metals and bitcoin corrected sharply, and global markets declined alongside U.S. losses.
February 5, 2026
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UT-with-Assembly model undermines governance; approval of Business Rules sought to clarify administrative roles pending constitutional change.
Omar Abdullah urged abolition of the Union Territory-with-Assembly model as unworkable, citing conflicted control over senior appointments and functions-illustrated by a mid-budget finance secretary transfer and the Resident Commissioner post given as additional charge-which impede budget preparation and central coordination; he urged approval of the Transaction of Business Rules to clarify delegation and administrative roles pending any constitutional change.
February 5, 2026
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India rejects report of NSA Doval's US visit and meeting; MEA says no such visit or meeting occurred.
The Ministry of External Affairs denied a media report that the National Security Adviser visited Washington and met a senior US official to press for renewed trade negotiations, stating there was "absolutely no basis" for the claim and that no such visit or meeting occurred; the report's allegations about India's refusal to be bullied and its willingness to wait out the US administration were likewise rejected.
February 5, 2026
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India trade deals with the EU and US reduce tariffs, aim to remove non tariff barriers and expand market access.
India concluded a comprehensive free trade agreement with the European Union and a bilateral trade deal with the United States that reduces reciprocal tariffs on Indian goods to 18% and contemplates elimination of tariffs and non tariff barriers, thereby altering tariff schedules and market access conditions; these international commitments are coupled with domestic reforms to enhance export competitiveness and institutional resilience.
February 5, 2026
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Airline inspections found 377 of 754 analysed aircraft with recurring defects; regulator stepped up surveillance and staffing.
Of 754 aircraft across six scheduled carriers analysed for repetitive defects since January 2025, 377 were identified with recurring defects. The Air India Group had 267 analysed aircraft, of which 191 (nearly 72%) had repetitive defects. DGCA reported 3,890 surveillance inspections, 56 regulatory audits, 84 surveillance of foreign aircraft, 492 ramp checks, 874 spot checks and 550 night surveillance events, and increased sanctioned technical posts from 637 to 1,063 to address manpower shortfalls.
February 5, 2026
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Posing as Hindu saints led to arrests for impersonation and possession of forged identity documents in Muzaffarnagar.
Six individuals were arrested for allegedly posing as Hindu religious mendicants and collecting alms; a criminal case was registered under relevant penal provisions for impersonation and related offences. Investigators recovered forged identity documents, including counterfeit Aadhaar cards, from the suspects, and further inquiry into the scope and method of the alleged fraud is ongoing.
February 5, 2026
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Lok Sabha Speaker says he had information of an attempt on the Prime Minister's seat; PM asked not to attend.
Speaker said he had concrete information that opposition members might reach the Prime Minister's seat and carry out an unexpected act, and therefore requested the Prime Minister not to come to the House to reply to the Motion of Thanks. The Motion of Thanks was passed by voice vote without the Prime Minister's customary reply amid opposition sloganeering, posters in the Well, rejection of amendments by voice vote, and the Speaker's warnings and adjournment of the House to uphold parliamentary dignity.
February 5, 2026
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Indo-US trade deal defended as protecting farmers while promoting exports and criticised opposition's parliamentary obstruction.
The Agriculture Minister defended the Indo-US trade agreement as preserving staple crops and dairy, asserting farmers' interests are protected while tariff reductions will boost exports of rice, spices, textiles and benefit cotton growers, and denied that large quantities of US agricultural imports will open domestic markets; he also criticised the Opposition for obstructing parliamentary debate and misrepresenting the deal.
February 5, 2026
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West Bengal economy projected to grow 7.62% in 2025-26, driven by tax revenue gains and rising capital expenditure.
West Bengal's Economic Review projects real GSDP growth of 7.62% for 2025-26 and estimates nominal GSDP at about Rs 19.91 lakh crore based on First Advance Estimates. The Review highlights multi fold growth in the state's own tax revenue and a sustained rise in capital expenditure since 2011 12, focused on roads, bridges and social and economic development, as underpinning factors for the projected expansion.
February 5, 2026
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Rupee inches up on India-US trade optimism but faces pressure from dollar demand, oil prices, and RBI rate uncertainty.
The rupee rose to 90.34 against the US dollar on optimism about an India-US trade deal and lower commodity prices, though gains were capped by corporate dollar demand and weak equities. Analysts projected USD INR trading ranges near 90.00-90.50 and 90.05-90.88. The RBI's Monetary Policy Committee met to set bi monthly rates, with the bank having cut the repo by 125 basis points since last February and facing a choice between status quo and a further cut; dollar strength, crude prices and FIIs' selling were noted as sources of pressure.
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.

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Nykaa Pink Love Sale is Here – Big Deals, Small Prices, and Beauty Magic Galore

February 6, 2026

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Big deals, small prices and beauty favourites that come with a mom-approved nod Mumbai, Maharashtra, India (NewsVoir) Cupid may be working overtime, but Nykaa is doing the heavy lifting this February. The much-loved Nykaa Pink Love Sale is back from 6th to 15th February, going live 11 AM onwards, and it’s bringing the biggest deals and the smallest prices of the season. With up to 60% off across makeup, skincare, haircare, fragrances, luxury beauty and tools, plus irresistible free gifts and season-stealing offers, this is beauty shopping at its most extra.

At the heart of the sale is Nykaa’s playful campaign theme, “Big Deals, Small Prices,” where discounts are so good, you’ll find yourself getting big beauty favourites at prices that feel delightfully small. The campaign film stars Brand Icon Sharvari, alongside Sheeba Chaddha, as her mom, bringing back their much-loved, laugh-out-loud mother–daughter banter. Set in a vibrant, larger-than-life beauty wonderland splashed with signature Nykaa pink, the film blends humour, heart and unbelievable prices, proving that every great beauty buy deserves a mom-approved nod. Catch the film here.

Top Deals on Luxury Beauty Luxury lovers are in for a serious treat. Lancôme is offering up to 20% off along with complimentary gifts and free minis, while YSL Beauty, Prada and Armani Beauty are extending flat discounts with luxury vials on all orders. Jo Malone London is bringing luxury gifts across purchases, and Estée Lauder and Clinique are rolling out attractive offers with buy-more-save-more deals. Makeup icons like Charlotte Tilbury are offering up to 20% off on bestsellers, while NARS, MILK Makeup and M.A.C are serving up to 30% off with exciting bundle offers.

Free Gifts on Orders Because one great product is never enough. Nykaa Cosmetics is offering up to 50% off with free gifts on qualifying orders, while Kay Beauty brings up to 35% off with complimentary surprises. Skincare favourites like Dot & Key are offering up to 30% off with free gifts, Foxtale is running up to 40% off with a free gift on orders above Rs. 449, and Plum is offering a minimum 20% off with free gifts worth Rs 899. CeraVe adds to the excitement with free minis on all orders, The Derma Co ups the value with extra savings on multi-product buys, while haircare heroes Kérastase, Olaplex and Schwarzkopf Professional are spoiling shoppers with free gifts and minis across select orders and sale days.

Season’s Hottest Offers From everyday staples to cult favourites, the season’s hottest deals are ready to be carted. Maybelline New York, Lakmé and L’Oréal Paris are offering discounts of up to 50% off, while Neutrogena brings up to 40% off with gift-with-purchase offers. Bath and body favourites like Bath & Body Works are serving up bestsellers starting at Rs 899, and Victoria’s Secret is turning up the heat with flat 50% off on select collections. Haircare brands such as L’Oréal Professionnel, WishCare and Bare Anatomy round out the sale with attractive discounts, tiered savings and free gifts.

For beauty lovers who live for a good surprise, there’s plenty to get excited about. Nykaa will be dropping playful, limited-time flash deals throughout the sale, think up to 50% off luxe beauty when you least expect it, flat 20% off on Clinique and K-beauty favourite Beauty of Joseon, flat 25% off on NYX Professional Makeup for instant makeup bag upgrades, and a B1G1 treat on Foxtale’s skincare must-haves. These quick-drop deals won’t hang around for long, so keep an eye out, your next beauty crush might just pop up mid-scroll.

Making Valentine’s gifting effortless, Nykaa is also introducing pre-packed, Nykaa-exclusive gift boxes, thoughtfully curated and perfect for the season. Shoppers can choose between a Limited Edition Korean Beauty Box, featuring some of the most-loved K-beauty essentials, and a Self-Care Box packed with indulgent bath and body favourites. Both gift boxes will be available at special discounted prices, making them an easy, no-fuss gifting pick this Valentine’s Day.

Taking the Valentine’s celebration offline, Nykaa is introducing the Nykaa Love Post Office at Phoenix Palladium Mall, Mumbai, an immersive, post-office-inspired pop-up where visitors can pen handwritten love notes and pair them with beauty gifts for their loved ones. Starting from February 6th to 15th, the experience celebrates every kind of love and brings Nykaa’s Valentine’s thoughts to life. Visitors to the pop-up can unlock exclusive offers such as additional savings of up to 20%, free gifts on orders above Rs 3,499, and curated gift sets across value tiers ranging from Rs 999 to Rs 2,999.

Adding to the excitement, Nykaa Play, Nykaa’s interactive, in-app shopping destination, will be buzzing throughout the sale with daily live streams & win blockbuster giveaways, claim daily exclusive coupons via the ‘Play & Win’ Gamezonest Shoppers can also tune in to the ‘Beauty Hotline aka Ask Nykaa Anything ’!’ liveshow segment streaming daily from 7th to 16th February, featuring top beauty creators, Nykaa army & industry experts.

Shop these favourites on www.nykaa.com or at a Nykaa store near you.

T&C apply.

For more information, please reach out to [email protected] (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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