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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.
February 6, 2026
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Maharashtra and Mahindra & Mahindra to establish Rs 15,000 crore greenfield auto and tractor plant in Nagpur.
The Maharashtra government and Mahindra & Mahindra signed a Memorandum of Understanding for a Rs 15,000 crore greenfield integrated automotive manufacturing project in Nagpur to produce cars, next-generation SUVs, electric vehicles and tractors, with approximately 1,500 acres envisaged for the site and complementary infrastructure including a 150-acre supplier park in Chhatrapati Sambhajinagar and a 300-acre expansion at Igatpuri.
February 6, 2026
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Kalwakurthy-Macherla rail link survey sanctioned; approvals and project appraisal required, so no definite timeline available.
A survey to prepare a Detailed Project Report for a proposed Gadwal-Dornakal via Kalwakurthy new line (316 km) has been sanctioned; thereafter project sanction requires stakeholder consultations and approvals such as appraisal by NITI Aayog and the Ministry of Finance. Sanction depends on factors including traffic projections, remunerativeness, first and last mile connectivity, and addressing missing links, and no definite timeline can be fixed.
February 6, 2026
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Railway budget for Punjab increased to Rs 5,673 crore, claimed 25 times higher than prior allocation.
The central government allocated a record railway budget of Rs 5,673 crore for Punjab, described as 25 times the allocation during the previous Congress administration, supporting new rail projects; the Minister of State for Railways was credited with personal monitoring and intervention to expedite implementation.

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Modi govt hiked rail budget for Punjab 25 times more than Cong's tenure: Vaishnaw

February 6, 2026

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New Delhi, Feb 6 (PTI) The central government under Prime Minister Narendra Modi has allocated a record railway Budget of Rs 5,673 crore for Punjab, which is 25 times more than what was allocated for the state during Congress's regime, Railway Minister Ashwini Vaishnaw informed the Rajya Sabha on Friday.

Replying to supplementaries during the Question Hour, the minister also lauded his Minister of State for Railways Ravneet Singh Bittu for helping remove problems and expediting issues at the grassroots level in Punjab.

"The Prime Minister has allocated a record budget of Rs 5,673 crore for Punjab. This is 25 times more than the budget during the Congress regime.

"In Punjab, new projects are coming up and my colleague Ravneet Singh Bittu personally monitors the projects and intervenes personally to resolve issues," Railway Minister Vaishnaw said.

At this, Leader of Opposition Mallikarjun Kharge said while appreciating, it is a mutual appreciation.

"But, the fact is that Bittu is sitting there and he is attacking the Congress. Bittu is responsible because Bittu was with us and he knows everything. If it is a failure, it is my friend's failure," he said. PTI SKC SKC TRB TRB

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