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    Central public sector enterprises must be prepared to compete internationally: Top PMO official
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February 6, 2026
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Central public sector enterprises must prepare for international competition through technology, innovation and leadership development.
Central public sector enterprises must prepare for intensified international competition while maintaining roles in strategic sectors where long-term national interests and market balancing are critical. Emphasis is placed on technology adoption, innovation, leadership development and capacity building-illustrated by the DAKSH programme's blended curriculum and international exposure-to equip senior executives to lead in areas such as cybersecurity, data governance and energy transition while fulfilling public policy objectives.
February 6, 2026
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Union Budget 2026 27 prioritizes infrastructure, manufacturing, health, skill development, and environmental sustainability through targeted allocations.
The Union Budget 2026 27 allocates major capital expenditure to infrastructure, defence and healthcare-approx. Rs.3 lakh crore for roads, Rs.7.5 lakh crore for defence, and about Rs.1 lakh crore for healthcare including Rs.10,000 crore for Biopharma Shakti-coupled with projectised interventions (high speed rail corridors, Delhi Mumbai Expressway 2027 target, Amrit Bharat station redevelopment) and administrative facilitation (single window approvals) to boost manufacturing, logistics efficiency, and workforce skilling.
February 6, 2026
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Kerala land acquisition for Angamaly-Sabarimala rail initiated; state commits 50% funding via KIIFB; revenue authorities begin acquisition.
Kerala has initiated land acquisition for the Angamaly-Sabarimala railway, directed revenue authorities to begin acquisition, and notified the Union Railway Ministry of a financial commitment to bear 50% of project costs with Rs 1,900 crore provided through the Kerala Infrastructure Investment Fund Board.
February 6, 2026
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Jindal India secures approval for Odisha greenfield plant and commissions advanced metal coating line to boost coated steel output.
Jindal India Steel Tech Limited obtained a Letter of Approval to set up a greenfield steel plant in Dhenkanal, Odisha, enabling phased investments of Rs 3,600 crore in phase one and Rs 15,000 crore by 2030. Separately, Jindal (India) commissioned an advanced metal coating line in Howrah as part of a Rs 1,500-crore downstream expansion, increasing coated steel output by about 60% to nearly 0.3 million tonnes and supporting projected revenue growth of roughly 20% in FY26.
February 6, 2026
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Deputy head of Russia's military intelligence wounded in Moscow; officials call it an apparent terrorist act prompting investigations and security measures.
A deputy head of Russia's military intelligence was shot and wounded in Moscow in an attack described by officials as an apparent terrorist act, prompting law enforcement investigations and directives to enhance protection of senior military officers, and framed against prior targeted killings that Moscow has attributed to Ukraine.
February 6, 2026
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Bilaspur airport upgraded to all-weather operations under instrument flight rules, enhancing regional connectivity and safety.
The Directorate General of Civil Aviation has granted DGCA approval upgrading Bilaspur airport from 3C-VFR to 3C All-Weather Operations (Instrument Flight Rules), authorising operations under instrument flight rules and enabling continuous operations in adverse weather, thereby modifying the airport's operational capabilities, safety compliance requirements, and role in regional connectivity.
February 6, 2026
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RBI keeps repo rate at 5.25%, issues consumer compensation and digital payments safety proposals, and eases MSME and NBFC rules.
The RBI kept the repo rate at 5.25% with a neutral stance due to low underlying inflation and improved growth outlook from recent trade deals. It revised GDP and inflation projections modestly, deferred full FY27 projection pending a revised GDP base, and announced draft guidelines on mis selling, loan recovery, and limiting customer liability for unauthorised electronic transactions, including proposed compensation up to Rs 25,000. Additional measures include digital payments safety papers, doubling collateral free MSME loans to Rs 20 lakh, NBFC registration exemptions, and removal of the VRR investment cap.
February 6, 2026
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Assembly walkout after minister's "humpty dumpty" remark sparked protest over alleged insult to an economist legislator.
Legislative walkout occurred after a Finance Minister repeated and expanded an opposition member's "humpty dumpty" budget critique and questioned the member's language, prompting allegations of insult to the legislator's reputation and a coordinated BJP walkout and protest in the assembly portico.
February 6, 2026
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Shared Buddhist heritage strengthens India's ties with ASEAN via cultural diplomacy, relic expositions, tourism cooperation and capacity building.
Shared Buddhist heritage is central to India's Act East Policy engagement with ASEAN, operationalised through relic expositions abroad, regular exchanges of monks, pilgrims and tourism professionals, Mekong Ganga Cooperation travel programmes, capacity building at academic institutions, participation of state governments and missions in international tourism promotion, and support for ASEAN cultural-heritage initiatives such as a feasibility study for an ASEAN Cultural Heritage List.
February 6, 2026
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Precious metal prices fell as profit booking and volatile markets, influenced by jobs data and US Iran talks, drove sharp swings.
Precious metal prices fell sharply as investors booked profits, pushing silver to Rs 2,55,000 per kg and gold to Rs 1,57,200 per 10 grams, while international spot bullion showed marked intraday volatility-initial plunges followed by recoveries-driven by weak US jobs data supporting metals and ongoing US Iran talks capping gains.
February 6, 2026
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Rado releases three licensed Le Corbusier special edition watches using the Polychromie Architectural palette and high tech ceramic.
A licensed commercial collaboration produced three Rado special-edition watches using Le Corbusier's Polychromie Architectural palette under mandate from the Fondation Le Corbusier; each model features laser engraved high tech ceramic dials inspired by specific architectural works, material-integral colour sintering, digital printing of the 63-colour strips on sapphire casebacks, and shared technical specifications including the Rado calibre R763, 80-hour power reserve and 5 bar water resistance.
February 6, 2026
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Land acquisition in Kerala is lagging at 14%, prompting central appeals for state cooperation and project acceleration.
Land acquisition shortfalls-about 14% acquired-are delaying Kerala railway projects despite a central allocation of Rs 3,795 crore intended to double line capacity; the central government urges state cooperation for land transfer and expedited acquisition. The Silver Line high-speed project is noted to have significant environmental impacts and questionable feasibility, though reconsideration is offered if the state pursues it. Angamali-Sabarimala is cited as an example where state initiation of land acquisition was crucial, while station redevelopment continues under the Amrit Bharat scheme without stopping train operations.
February 6, 2026
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SRM University-AP M.Tech admissions offering full tuition scholarships and monthly stipends; apply by Feb 15, 2026.
SRM University-AP opens M.Tech admissions across eight specialised streams and provides admitted students a 100% tuition scholarship and a monthly stipend of Rs. 6,000; applications must be submitted via the university portal by February 15, 2026, with further programme and contact information available on the university website and toll free number.
February 6, 2026
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Greaves Cotton: GEML proposing an IPO via DRHP; investors warned of risk factors and US offering restrictions.
The release discloses that an investee is proposing an initial public offering and has filed a draft red herring prospectus with the relevant securities regulator and exchanges, cautions that the DRHP should not be relied upon for investment decisions and directs investors to the red herring prospectus and its risk factors, and states the equity shares are not registered in the United States and will only be offered there in restricted private transactions under Rule 144A and offshore under Regulation S, with no public US offering.
February 6, 2026
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Tech-driven business growth: integrate data, automation and automated compliance for sustainable, accountable corporate transformation.
Arif Patel Dubai advocates integration of digital technology with emphasis on responsible adoption, data analytics, automation, and automated compliance to improve decision making, transparency, and regulatory integrity across sectors such as energy and finance; he links digital transformation to sustainability and governance by promoting pre deployment evaluation of legal and environmental impacts and disciplined, long term investment and risk management approaches.
February 6, 2026
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Sonalika launches GOLD tractor series with larger engines and heavy duty hydraulics and multi speed transmissions for future ready farming.
Sonalika Tractors introduced the GOLD Series-two models (GOLD DI 745 III and GOLD DI 55 III)-positioned as future ready, long term investments for farmers. The DI 745 III features a 3,532 cc three cylinder E3.5 engine (220 Nm), 16F+4R transmission, global PTO and 2,000 kg lift hydraulics; the DI 55 III features the E3.5 engine (235 Nm), 12F+3R driveline with double clutch IPTO and 2,200 kg lift hydraulics. Both models include heavy duty linkages, enhanced exhausts, ergonomic operator features, and branded design elements intended to support larger implements and extended working hours.
February 6, 2026
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Cricket travel demand spikes as fans book flights for the Men's T20 World Cup across India and Sri Lanka.
No legal or regulatory measures are included; Skyscanner reports increased flight-search demand for host cities during the Men's T20 World Cup, with domestic searches peaking in January and cross-border bookings driven earlier by visa considerations and longer travel lead times.
February 6, 2026
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Prediction market migration to native USDC reduces cross-chain bridge risk and raises settlement, liquidity, and disclosure issues.
Migration of a prediction market's settlement layer to native USDC removes cross-chain wrapping and associated bridge risk, improving one-for-one redeemability and altering custody and counterparty exposure; rapid stablecoin growth drives liquidity rotation into altcoins with market integrity and investor-protection implications; promotional presale statements touting live AI tools and outsized returns raise presale disclosure and consumer-protection concerns that call for auditability and transparent risk communication.
February 6, 2026
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DeepSnitch AI token promoted as high upside crypto with staking, presale bonuses, and claimed 100x-300x potential.
The article promotes DeepSnitch AI (DSNT) as a high upside crypto with reported $1.47M raised, 33.7M DSNT staked, a current presale price of $0.03830 after a 153% gain, and access to platform AI agents that analyze market data; it highlights a 30%-300% bonus campaign and projects speculative 100X-300X returns while noting general market risk and an investment disclaimer.
February 6, 2026
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India forex reserves rose to USD 723.774 billion as gold and SDR holdings increased despite lower foreign currency assets.
Reserve Bank data shows India's forex reserves reached USD 723.774 billion for the week ended January 30, driven chiefly by a USD 14.595 billion rise in gold reserves to USD 137.683 billion and a USD 216 million increase in SDRs to USD 18.953 billion, while Foreign Currency Assets fell by USD 493 million to USD 562.392 billion; reserve position with the IMF increased by USD 44 million to USD 4.746 billion.

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OTM 2026, Asia's Leading Travel Show, Opens in Mumbai as India Becomes Global Tourism Powerhouse

February 6, 2026

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OTM, organised by Fairfest Media Limited, returns to Mumbai, bringing together global destinations, tourism ministers, hotels, airlines and the tourism ecosystem from 60+ countries MUMBAI, India, Feb. 6, 2026 /PRNewswire/ -- OTM 2026, Asia's leading travel trade show, officially opened today at the Jio World Convention Centre, Mumbai, bringing together the global travel and tourism ecosystem at a time when India has firmly emerged as one of the world's most strategically important outbound travel markets. Recognised by NielsenIQ as the Leading Travel Trade Show in India and Asia for two consecutive years, OTM 2026 is hosting over 2,200 exhibitors from more than 60 countries, with 45+ National Tourism Organisations participating and over 50,000 travel trade visitors and 1,000+ top travel industry professionals participating over the three days. With the increase in the number of exhibitors and visitors, OTM has become the most internationally diverse and largest event of its type ever organized in the region. Event Highlights • Exhibitor Showcase: Over 2,200 exhibitors from 60+ countries, representing national and state tourism boards, airlines, hotels and resorts, destination management companies, cruise operators, attractions, and travel technology providers. • Global Participation: Strong representation from Europe, Africa, Asia, the Middle East, the Americas and Oceania, including long-standing outbound markets and a growing number of emerging and experiential destinations engaging with India as a priority growth market. • High-Quality Buyer Access: More than 50,000 trade visitors, including 1,000+ hosted and VIP buyers, enabling focused B2B engagement across leisure, corporate travel, MICE, weddings and niche travel segments. • Structured Business Engagement: Over 50,000 pre-scheduled B2B meetings expected across the three days, reinforcing OTM's positioning as a platform built for measurable business outcomes. • Leadership & Knowledge Exchange: The OTM Forum brings together policymakers and senior industry leaders from across the global travel ecosystem, including executives from MakeMyTrip, Cleartrip, Thomas Cook India, SOTC Travel, Paytm, TBO.com, Google India, Deloitte, Reliance Industries, Aditya Birla Group, Godrej Industries, VFS Global, IHCL, and leading national tourism boards and airlines. Through a series of high-level panels and closed-door discussions, the Forum examines outbound travel growth, destination competitiveness, corporate travel evolution, distribution, marketing, technology, and the changing expectations of the Indian traveller. 'Unlocking EU–India Opportunities for Tourism and Hospitality' organised in collaboration with European institutional partners. The session brings together senior industry leaders including Rajeev Kale, President & Country Head, Thomas Cook India Ltd.; Anahita Avari, Head of Sales, South Asia, VFS Global; Aparna Chaturvedi, Country Head, Europamundo; and Delna Jasoomoney, Vice President - Travel Industry Sales, IHCL, and is moderated by Vijayata N. Raheja, COO, K Raheja Group. India moves to the centre of global destination strategy The inauguration of OTM 2026 marks a defining moment in the global travel industry's engagement with India. Once viewed primarily as an emerging market, India has now become a central growth market, driven by rising disposable incomes, expanding international connectivity, and a growing appetite for long-haul, experiential, and high-value travel. This shift is visibly reflected at OTM 2026, where destinations are engaging with India through high-value, long-term trade promotions. Inaugural programme sets the tone for OTM 2026 Day 1 of OTM 2026 commenced with the official inauguration of the exhibition, followed by a VIP walk-around and exhibitor interactions, leading into the flagship Inaugural Programme titled 'India Takes Its Place on the Global Travel Stage.' The show was inaugurated by Datuk Manoharan Periasamy, Chairman, Tourism Malaysia, Richard Duval, Minister of Tourism of Mauritius; H.E. Dato Sri Abdul Karim Rahman Hamzah, Minister for Tourism, Creative Industry and Performing Arts, Sarawak; and Hon. Prof. Ruwan Ranasinghe, Deputy Minister of Tourism, Sri Lanka, and was moderated by Tanya Khanijow. The afternoon programme included the CEOs' Lunch, followed by the panel 'India at 100 Million: The Global Race to Capture the Next Big Traveller Wave,' bringing together destination leaders Christian Schoch (Switzerland Tourism), Dinesh Burrenchobay (Mauritius Tourism Promotion Authority), Gary Hendricks-Dominguez (Cayman Islands Department of Tourism), Islom Ibragimov (Tourism Committee of Uzbekistan), Nuwal Fadhilah Binti Ku Azmi (Tourism Malaysia) and Sheetal Munshaw (Atout France). The day concluded with a market-focused discussion on demand and disruption in India's online travel market, featuring CXOs from Cleartrip, MakeMyTrip and Paytm Travel, moderated by Virendra Jain (VIDEC). Global destinations deepen engagement with India OTM 2026 features strong official participation from destinations across Europe, Africa, Asia, the Middle East, the Americas and Oceania. With nearly 50 global tourism boards officially participating at OTM, this edition reflects the deepest engagement the global tourism ecosystem has had in the subcontinent. Alongside long-standing outbound markets, several destinations that were once considered niche or aspirational for Indian travellers are now engaging with India as their next major growth market, with many participating exclusively at OTM 2026. Malaysia Airlines anchors aviation connectivity at OTM 2026 Reflecting on the critical role of aviation in unlocking outbound growth, OTM 2026 also features Malaysia Airlines as the Partner Airline, with a prominent presence at the exhibition. The airline is showcasing its network connectivity, premium offerings and India-focused travel solutions, reinforcing the importance of strong air links in supporting India's expanding global travel footprint and facilitating access to destinations across Southeast Asia and beyond. Several other leading airlines including Air India are participating in a major way. From exhibition floor to industry dialogue Beyond destination and airline participation, OTM 2026 continues to strengthen its positioning as a focused B2B market-access platform designed to deliver measurable business outcomes. The exhibition brings together leading hotels and resorts, destination management companies, cruise operators, travel technology providers and specialised travel segments, enabling structured engagement through pre-scheduled meetings, on-ground interactions and curated networking. Structured engagement remains central to the platform, with 50,000+ pre-scheduled B2B meetings expected over the three days, enabling targeted, outcome-driven conversations between exhibitors and buyers. As part of its broader international vision, Fairfest Media has recently expanded its global portfolio with the acquisition of WTE Miami, extending its market-access platform beyond Asia and strengthening the bridge between India, Asia and the Americas. What lies ahead over the next two days Across Days 2 and 3, the agenda moves into sharper, segment-led conversations spanning leisure demand, corporate travel, weddings, marketing and distribution. Day 2 examines changing Indian traveller motivations through 'Vibe Traveling – Aesthetics, Experiences and the New Indian Narrative,' and deep-dives into business mobility with 'Building India's Corporate Travel Ecosystem: A $20B Journey,' alongside a buyer-led session on what India's top corporate travel buyers expect from the industry today. The programme also expands into destination weddings through WeddingSutra Engage, and explores experience-led travel and commercial growth through sessions such as 'Live Tourism' and 'The Future of Travel Marketing: AI, Personalisation and Loyalty Shifts.' Day 3 turns the focus to distribution power and trade evolution through 'The New Power of the Intermediary'and 'Inside India's Travel Trade: What's Changed, What's Working, What's Next,' before concluding with the Valedictory and Awards Function. Commenting at the inauguration, Sanjiv Agarwal, Chairman & CEO, Fairfest Media Ltd., said, "OTM was created to reflect the reality of global travel today, where India is no longer an emerging opportunity but one of the most sought-after and strategic travel markets globally. The participation we see at OTM 2026, from established destinations to emerging and exotic ones, clearly demonstrates how the world is repositioning itself around the Indian traveller. OTM continues to serve as the leading travel show in Asia - one where this engagement takes shape in a focused, world-class setting." Over the three days, the Forum continues with a series of closed-door and open sessions examining outbound travel growth, destination strategy, aviation connectivity, corporate travel, emerging markets and the future of travel distribution. The detailed agenda is available at https://meetingdiary.otm.co.in/agenda?date=2026-02-06 Event Details OTM 2026 Dates: 5, 6 & 7 February 2026 Venue: Jio World Convention Centre, Mumbai Organiser: Fairfest Media About OTM and Fairfest Media: OTM is Asia's leading travel trade platform, connecting global travel suppliers with India and Asia's fastest-growing travel markets through large-scale exhibitions, curated buyer programmes and structured B2B engagement. OTM is organised by Fairfest Media. Founded in 1989, Fairfest Media is a global trade show organiser and media company, providing platforms for doing business in the world's fastest-growing markets. Fairfest recently acquired WTE Miami, the fastest-growing travel show in the United States, which will be held at the Miami Beach Convention Centre on the 27th and 28th of October, 2026. For more information, please visit: https://otm.co.in/. Media Contact: Tanya, [email protected] Photo: https://mma.prnewswire.com/media/2888530/Inauguration_Ceremony_at_OTM_2026.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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