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    RBI proposes to compensate customers up to Rs 25,000 loss due to fraud
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    Himachal BJP demands release of MLA funds; submits memorandum to Governor Shukla
    RBI keeps interest rates on hold after US trade deal boosts outlook
    RBI raises GDP growth projection of Q1, Q2 of FY27
    Lok Sabha adjourned till 12 noon following Opposition protests
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    VinFast India Partners with Bank of Baroda to Deliver Dealer Invoice Financing Solutions
    LTIMindtree Recognized as a Leader in Everest Group Payments IT Services PEAK Matrix® Assessment 2025
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February 6, 2026
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RBI proposes compensation up to Rs 25,000 for small-value digital-payment fraud and issues draft consumer protection guidelines.
A proposal introduces a compensation framework to reimburse customers up to Rs 25,000 for losses from small-value fraudulent digital transactions and revises the 2017 instructions on limiting customer liability in unauthorised electronic banking transactions. Draft revised instructions, including scenarios and timelines for liability and the new compensation mechanism, will be issued for public consultation. Additional draft guidelines will address mis-selling of financial products and harmonised conduct rules for engagement of recovery agents and loan recovery across regulated entities.
February 6, 2026
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Supreme Court pleas challenge Bihar election results and seek OBC certificate rule changes for children of single mothers.
Supreme Court petitions include a challenge to the Bihar Assembly election results seeking fresh polls; a petition to amend rules for issuing OBC certificates to children of single mothers; a plea to ensure adequate representation of women advocates in state bar councils; and a challenge to refusal to raise judicial officers' retirement age in Madhya Pradesh from 60 to 61 years. These raise issues of electoral validity, administrative rule changes for social welfare certification, representational access in legal regulatory bodies, and judicial service rule amendments.
February 6, 2026
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Himachal BJP demands immediate release of MLA local development and discretionary funds, citing stalled projects and withheld payments.
The BJP Legislative Party seeks immediate release of withheld MLA Local Area Development Funds and discretionary funds, alleging only partial instalments released and treasury-level stoppages since October 2025 that hinder disaster restoration and constituency work. It asserts that development priorities from opposition MLAs have not been converted into or forwarded as DPRs to NABARD and requests gubernatorial direction to release funds and ensure DPR preparation and transmission so equitable development can proceed.
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.

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ICANN85 in Mumbai: Strengthening the Single, Interoperable Internet for All

February 6, 2026

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New Delhi, Delhi, India – Business Wire India The Internet Corporation for Assigned Names and Numbers (ICANN) will convene its 85th Public Meeting in Mumbai from 7–12 March 2026, hosted by the National Internet Exchange of India (NIXI) under the Ministry of Electronics and Information Technology (MeitY). With its more than one billion Internet users and a thriving digital economy, India is an ideal location for participants from around the world to gather at the ICANN85 Community Forum to advance the technical work that ensures the secure and stable operation of the Internet. “Ten years after the ICANN Public Meeting in Hyderabad, the ICANN85 Community Forum in Mumbai offers the Indian Internet community an excellent opportunity to attend and participate in the global dialogue on important Internet governance issues,” said Samiran Gupta, ICANN Vice President for Stakeholder Engagement and Managing Director for the Asia Pacific region. “I want to thank our host NIXI for bringing ICANN85 to Mumbai and I look forward to a fruitful meeting.” Shri S. Krishnan, IAS, Secretary, Ministry of Electronics and Information Technology (MeitY) and Chairman, NIXI said, “India’s digital transformation is anchored in an open, secure, inclusive and resilient Internet. Hosting ICANN85 reflects India’s commitment to the multistakeholder model of Internet governance and to advancing policy frameworks that support innovation, inclusion, and trust in the global Internet ecosystem.” Key Topics at ICANN85: The New gTLD Program, ICANN Community’s Role in Advancing a Multilingual Internet, and the Multistakeholder Model ICANN85 takes place at a pivotal moment – just before the launch of the next application round for the New gTLD Program in April. The program, the next expansion of the Domain Name System, provides businesses, communities, governments, and other organizations with the rare opportunity to apply for new top-level domains tailored to fit their organization, community, culture, language, and customer interests. The meeting will include important updates about the next round and how to apply. The New gTLD Program helps to advance ICANN’s 2030 vision as the trusted steward of the Internet's unique identifier systems to strengthen the single, globally interoperable Internet for all. This truly multilingual Internet enables people globally to use the Internet in their own languages and scripts, which matches the Indian government’s approach to expanding Internet usage. ICANN85 is the first ICANN Public Meeting since the United Nations General Assembly adopted the WSIS+20 Outcomes Document on 17 December 2025. The World Summit on the Information Society: 20-year review (WSIS+20) reaffirmed that the Internet is a shared global resource whose stability, openness, and interoperability depend on the multistakeholder model approach, a position strongly supported by ICANN and the Government of India. WSIS+20 marked a reaffirmation rather than an end point, demonstrating the need to continue the work of the multistakeholder model, bringing new voices and expertise into the Internet governance ecosystem, strengthening knowledge transfer and capacity building, and sustaining engagement through forums like ICANN Public Meetings. ICANN Community Excellence Award Continuing its tradition of recognizing outstanding community member contributions, the ICANN Community Excellence Award will be presented at the Welcome Ceremony (9 March 2026). This award recognizes ICANN community members who have deeply invested in consensus-based solutions and contributed substantively to the ICANN multistakeholder model. Registration In-person registration remains open until 6 March 2026. On-site registration is not available. Attendance is free and open to all. For more information, and to register, please visit the meeting website. About ICANN ICANN's mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique, so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world. About NIXI The National Internet Exchange of India (NIXI) is a not-for-profit organization set up under the aegis of the Ministry of Electronics and Information Technology (MeitY), Government of India. NIXI plays a critical role in strengthening India’s Internet infrastructure by facilitating efficient exchange of domestic Internet traffic, managing the .IN and .भारत (.Bharat) country-code top-level domains, and promoting adoption of Internet services across the country. Through its initiatives, NIXI supports a secure, resilient, and inclusive Internet ecosystem aligned with India’s digital growth ambitions. To View The Image, Click On The Link Below: (From Left - Right) Dr. Devesh Tyagi, CEO, NIXI, Sh. Sushil Pal, Joint Secretary, MeitY, Sh. S. Krishnan, IAS, Secretary, MeitY, Sh. Samiran Gupta, V.P. Stakeholder Engagement and M.D., Asia Pacific, ICANN (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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