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February 8, 2026
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Union Budget focuses on farmers, tourism, healthcare and productivity to boost rural employment and local infrastructure.
The Union Budget prioritises social welfare and rural prosperity through productivity-enhancing investments to address unemployment and improve living standards. It focuses on agricultural support-processing of pulses and oilseed crops, promotion of high-yielding seeds and measures to enable better price realisation for farmers-alongside tourism infrastructure development to generate local employment, with complementary commitments to healthcare and education to bolster human capital.
February 8, 2026
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Stone mining industry: prioritise environmental protection, safe mining and social security to sustain heritage and exports.
Prioritising environmental protection and ecological balance alongside safe mining practices is urged as a core policy objective for the stone industry, with social security for mining communities framed as a moral responsibility; this priority is set against Rajasthan's dominant production role and the sector's export, craftsmanship and heritage significance.
February 8, 2026
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India-US trade statement uses safeguards and calibrated openings to protect farmers while offering limited market access.
The India-US joint statement provides safeguards and calibrated market-opening measures to protect farmers and domestic industry from import surges while granting limited market access for certain pulses and lentils; no duty concessions were granted on dairy, genetically modified products, meat, poultry, soya meal and corn, with tariff differentials cited as an exporter advantage.
February 8, 2026
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India-US trade deal threatens Jammu and Kashmir horticulture if zero tariffs allow US agricultural imports.
The article argues that the India-US trade arrangement's allowance of zero tariff imports of agricultural products threatens Jammu and Kashmir's apple and walnut producers, while the regional budget is criticised for not addressing unemployment and for fiscal losses from an electric-bus subsidy that has allegedly displaced private transport operators.
February 8, 2026
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Free trade agreements require sharp, cautious negotiation balancing mutual sensitivities, rapport, and protection of national interests.
Commerce Minister Piyush Goyal described free trade agreement negotiations as intense processes requiring negotiators to be sharp and cautious because terms will affect nations for decades; he emphasised mutual respect for sensitivities, the utility of personal rapport to secure additional benefits, and the overriding need to protect national interests.
February 8, 2026
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India intends to purchase $500 billion of US goods over five years across energy, aviation, technology, and coal.
India and the United States finalised a framework for the first phase of a bilateral trade agreement under which India intends to purchase USD 500 billion of US goods over five years, targeting energy products, aircraft and parts, precious metals, technology products, and coking coal; the figure includes existing orders (notably significant aviation commitments) and is presented as conservative relative to projected import demand, contingent on US competitiveness.
February 8, 2026
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Uniform Civil Code should be framed by consensus and stakeholder consultation to avoid divisions and build trust.
Uniform Civil Code should be framed through broad consensus and structured stakeholder consultation to avoid social divisions, with large scale public suggestions cited as an exemplar; law reform is conditioned on inclusive procedure, trust, and dialogue with Muslim and Christian communities to align religious practice with non dominating principles.
February 8, 2026
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Household caregiver verification recommended to curb thefts using digital registration, ID checks and background details.
Kolkata Police recommended mandatory verification and digital registration of household employees via the Domestic Help Profile on the 'Bondhu' app or website, requiring identity proof, permanent address and photographs to enable background checks and faster investigation; awareness drives will encourage compliance, with family members urged to assist elderly residents in completing registration.
February 8, 2026
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Digital arrest scam used impersonation and coercion to extract funds; Rs 100 crore linked to shell accounts and directors arrested.
Two individuals were arrested in a digital arrest scam using impersonation, forged FIRs and threats to coerce victims into transferring funds; one victim paid Rs 40 lakh. A private limited company in west Delhi, with the accused as joint directors, operated as a conduit. Digital forensics traced layered fund movements through multiple bank accounts and UPI IDs linked to shell entities across states, with 190 complaints and suspected proceeds over Rs 100 crore connected to the network. The accused admitted opening multiple accounts; investigation continues.
February 8, 2026
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India Malaysia ties expand across trade, defence and counter terrorism, including semiconductor cooperation and local currency trade.
India and Malaysia agreed to deepen cooperation across trade, investment, defence, energy, advanced manufacturing and semiconductors via 11 agreements, promoted trade settlement in local currencies, and established an Indian Consulate General. They committed to strengthened counter terrorism cooperation-intelligence sharing, maritime security, defence ties, countering radicalisation and terrorism financing-and pledged coordinated support for reforms to make multilateral institutions more representative, including mutual backing on international candidatures and an expedited review of the ASEAN India Trade Agreement.
February 8, 2026
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Kerala paddy procurement bonus faces central review; state says discontinuation threatens farmers and food security.
The Union Finance Ministry asked Kerala to review and consider discontinuing its additional incentive bonus on paddy and wheat procurement, citing bumper production that has produced stocks exceeding PDS, buffer and contingency requirements and creating a recurring burden on the public exchequer; the state rejects this direction, defending its Rs 6.31 per kilogram bonus above the Minimum Support Price as necessary farmer support and contesting the fiscal-burden characterization.
February 8, 2026
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India-Malaysia cooperation expands in defence, semiconductors and trade while domestic governance and electoral actions advance.
India and Malaysia announced expanded cooperation in defence and security, semiconductor supply chains, and trade after leaders' talks. Concurrent domestic matters include calls for judicial intervention over a ruling party unit's allegedly targeting social-media video, a state request to expedite and fund sanctioned railway projects, emphasis on policy stability in the Union Budget, and a state offering thousands of Group B officers for a special electoral roll revision. An invitation for India to join an international supply-chain security initiative was also reported.
February 8, 2026
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Delhi hotel tariffs skyrocket as AI summit drives unprecedented demand and room rates into lakhs.
Five-star hotel tariffs and occupancy in New Delhi have surged for India AI Impact Summit dates, with standard rooms usually priced Rs 20,000-40,000 now listed at rates approaching and in some categories exceeding several lakh rupees per night; premium suites and club-level categories command multi-lakh rates or face minimum-stay conditions, and leading properties are nearly sold out or listing steep peak-season pricing.
February 8, 2026
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Japanese prime minister Sanae Takaichi seeks electoral majority to enact right-wing security, defence spending and immigration reforms.
Prime Minister Sanae Takaichi called a snap election to win a lower-house majority for a conservative agenda prioritising security and economic measures. Core operative aims include revising security and defence policy to develop offensive military capabilities, lifting the weapons export ban, increasing defence spending, tightening immigration and foreign-owner rules, and aligning more closely with the United States. Financing plans and diplomatic approaches to China were not detailed. The LDP's coalition with the Japan Innovation Party is framed as necessary to secure the legislative majority Takaichi says she needs to pursue these changes.
February 8, 2026
Show AI Summary
Union Budget 2026 27 anchors policy stability, multi year planning and capital expenditure to build Viksit Bharat.
Union Budget 2026 27 is anchored in policy stability and multi year planning toward 2047-2050, emphasising fiscal discipline over populist measures. The Budget prioritises capital expenditure and infrastructure expansion, highlights CPSE contributions and state utilisation of long term interest free loans for signature projects, and seeks to crowd in private investment to strengthen economic resilience and enable export led growth.
February 8, 2026
Show AI Summary
High-Level Committee on Banking to recommend scaling banks and restructuring public sector NBFCs to meet development financing needs.
The government will set up a High-Level Committee on Banking for Viksit Bharat to recommend how to scale the banking sector to meet financing, credit and access needs while safeguarding financial stability, inclusion and consumer protection. The Budget also proposes restructuring public sector NBFCs, noting PFC's 2019 majority acquisition of REC and the PFC board's in-principle approval to merge REC into PFC to improve scale and efficiency.
February 8, 2026
Show AI Summary
Farm labourers duped into motorcycle loans; FIR filed against farm owner and two associates for fraud and intimidation.
An FIR alleges a farm owner and two associates induced illiterate tribal labourers to allow use of their Aadhaar and thumb impressions to obtain motorcycle loans without informed consent, resulting in two motorcycles purchased and victims receiving repayment notices; when confronted the accused allegedly assaulted and threatened a labourer. Charges include cheating by impersonation, dishonest inducement to obtain property, criminal intimidation, and intentional insult provoking breach of peace, and police are seeking the accused.
February 8, 2026
Show AI Summary
Liquor shop auctions in Jammu and Kashmir raised significant revenue; no new wine shops planned.
The administration generated about Rs 2,152 crore from auctioning retail liquor outlets over two financial years, primarily from the Jammu region, and has stated that no new wine shops or JKEL-2 licences are proposed for 2026-27. Licence issuance and auction allocations are governed by domicile eligibility and other conditions under the J&K Excise Act, 1958 and the applicable Excise Policy.
February 8, 2026
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India-US trade deal excludes key agricultural products and bans imports of genetically modified products to protect farmers.
The interim India-US trade arrangement preserves national and farmer interests by excluding core agricultural commodities from tariff concessions, listing numerous staples, fruits, vegetables, dairy, meat, sugar, ethanol and tobacco as not eligible for tariff reductions, and affirming a prohibition on genetically modified product imports to protect seed and soil integrity.
February 8, 2026
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India-US trade agreement to cut tariffs, grant zero duty in select categories, and boost MSMEs, exports and jobs.
The proposed India-US interim trade framework would expand market access for exporters and strengthen MSMEs and labour intensive industries while safeguarding agriculture. Reportedly, average US tariffs on Indian products would be reduced from about 50% to 18%, with zero duty in selected categories; tariff cuts for textiles and apparel and zero duty for silk products are expected to benefit cluster based, labour intensive regions.

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Embassy REIT Delivers Robust 17% YoY Revenue Growth in Q3 FY2026; Evaluates Acquisition of Embassy Zenith, a 0.4 MSF Prime Office Asset in Bengaluru

February 7, 2026

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Bengaluru, Karnataka, India – Business Wire India • Leased 1.1 million square feet (msf) across 22 deals in Q3 FY2026, taking total leasing to 4.6 msf year-to-date • Delivered strong double-digit YoY growth, reporting highest-ever Revenue (up 17% YoY) and Net Operating Income (up 19% YoY) • Declared distributions of Rs. 613 crores or Rs. 6.47 per unit for Q3 FY2026, up 10% YoY • Received an invitation to offer to acquire Embassy Zenith, a 0.4 msf prime office tower in Bengaluru, fully leased to a multi-trillion-dollar global technology company • Launched the third redevelopment at Embassy Manyata for 0.8 msf at a 23% yield on cost; total development pipeline stands at 7.6 msf • Expanded hospitality portfolio with a proposed addition of 116-Key Hotel at Embassy TechZone, Pune Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the third quarter ended December 31, 2025.

Amit Shetty, Chief Executive Officer of Embassy REIT, said, “Q3 FY2026 marked another strong quarter for Embassy REIT, underpinned by sustained leasing momentum, robust GCC demand across our gateway markets, and disciplined financial execution. We delivered 4.6 msf of leasing year-to-date, reported our highest-ever Revenue and NOI, announced our first third-party acquisition and continued to enhance distributions for our unitholders. The invitation to offer for Embassy Zenith reflects our focus on acquiring high-quality, income-accretive assets that strengthen our world-class portfolio and create long-term value.” The Board of Directors of Embassy Office Parks Management Services Private Limited (EOPMSPL), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of Rs. 613 crores or Rs. 6.47 per unit for the quarter. The record date for the Q3 FY2026 distribution is February 11, 2026, and the distribution will be paid on or before February 18, 2026.

Business Highlights • Leased 1.1 msf across 22 deals, including 0.8 msf of new leases at 17% re-leasing spreads; signed at an average 5% premium to market rents, with Bengaluru contributing over two-thirds of total leasing • Strong traction in Chennai from large global companies, anchoring 42% of the REIT’s development pipeline • Overall portfolio occupancy stood at 94% by value, with 3 out of 5 cities at or above 95% occupancy Financial Highlights • Grew Revenue from Operations by 17% YoY to Rs. 1,193 crores and Net Operating Income (NOI) by 19% YoY to Rs. 985 crores • Delivered quarterly distributions of Rs. 613 crores or Rs. 6.47 per unit, up 10% YoY • Raised Rs. 400 crores through a commercial paper at an effective rate of 6.44% per annum. Reduced in-place cost of debt by 61 bps (over 9 months) to 7.29% • Hotel segment NOI grew by 13% YoY, driven by 100 bps increase in occupancy to 60% as well as 11% growth in ADR Operational & Growth Highlights • Delivered 0.4 msf new development at Embassy Splendid TechZone in Chennai, 100% leased to a global healthcare firm • Launched third redevelopment project of 0.8 msf at Embassy Manyata in Bengaluru at a 23% yield on cost • Proposed addition of a 116-key hotel at Embassy TechZone, Pune, to enhance park ecosystem • Announced third-party acquisition of a 0.3 msf marquee office asset at Embassy GolfLinks in Bengaluru • Completed Rs. 530 crore divestment at Embassy Manyata in Bengaluru • Delivered ~25% total returns in CY2025, while expanding the unitholder base to over 125,000, up from 4,000 at IPO Investor Materials and Quarterly Investor Call Details Embassy REIT has released a package of information on the quarterly results and performance, that includes (i) unaudited standalone and consolidated financial results for the nine months ended December 31, 2025 (ii) an earnings presentation covering Q3 FY2026 results and, (iii) supplemental operating and financial data book that conforms with leading reporting practices across global REITs. All these materials are available in the Investors section of our website at www.embassyofficeparks.com.

Embassy REIT will host a conference call on February 9, 2026 at 8:30 hours Indian Standard Time to discuss the Q3 FY2026 results. A replay of the call will be available in the Investors section of our website at www.embassyofficeparks.com.

About Embassy REIT Embassy REIT is India’s first publicly listed Real Estate Investment Trust and the largest office REIT in Asia, by area. Embassy REIT owns and operates a portfolio of over 50 million square feet of world-class office spaces across India’s key gateway markets, including Bengaluru, Mumbai, Pune, the National Capital Region (NCR) and Chennai. The portfolio comprises 14 premium office ecosystems, including large, integrated office parks and city-centre office assets, and is home to approximately 280 leading global and domestic corporations. In addition to office assets, the portfolio includes strategic amenities such as four operational business hotels, two hotels under development, and a 100 MW solar park that supplies renewable energy to tenants. Embassy REIT’s industry-leading ESG programme has received multiple accolades from globally recognised institutions, including GRESB, USGBC LEED, the British Safety Council, among others. In 2023, Embassy REIT was included in the Dow Jones Sustainability Indices, becoming the first REIT in India to be recognised for its sustainability initiatives by a leading global benchmark. For more information, please visit www.embassyofficeparks.com.

Disclaimer This press release is prepared for general information purposes only. The information contained herein is based on management information and estimates. It is only current as of its date, has not been independently verified and may be subject to change without notice. Embassy Office Parks Management Services Private Limited (“the Manager”) in its capacity as the Manager of Embassy REIT, and Embassy REIT make no representation or warranty, express or implied, as to, and do not accept any responsibility or liability with respect to, the fairness and completeness of the content hereof. Each recipient will be solely responsible for its own investigation, assessment and analysis of the market and the market position of Embassy REIT. Embassy REIT does not provide any guarantee or assurance with respect to any distribution or the trading price of its units.

This press release contains forward-looking statements based on the currently held beliefs, opinions and assumptions of the Manager. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of Embassy REIT or industry results to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, recipients of this press release are cautioned not to place undue reliance on these forward-looking statements. The Manager disclaims any obligation to update these forward-looking statements to reflect future events or developments or the impact of events which cannot currently be ascertained. In addition to statements which are forward looking by reason of context, the words ‘may’, ‘will’, ‘should’, ‘expects’, ‘plans’, ‘intends’, ‘anticipates’, ‘believes’, ‘estimates’, ‘predicts’, ‘potential’ or ‘continue’ and similar expressions identify forward-looking statements. There can be no assurance that any potential opportunities will result in definitive transactions.

This press release also contains certain financial measures (including guidance and proforma information) which are not measures determined based on GAAP, Ind-AS or any other internationally accepted accounting principles, and the recipient should not consider such items as an alternative to the historical financial results or other indicators of Embassy REIT's cash flow based on Ind-AS or IFRS. These non-GAAP financial measures, as defined by the Manager, may not be comparable to similarly titled measures as presented by other REITs due to differences in the way non-GAAP financial measures are calculated. Even though the non-GAAP financial measures are used by management to assess Embassy REIT's financial position, financial results and liquidity and these types of measures are commonly used by investors, they have important limitations as analytical tools, and the recipient should not consider them in isolation or as substitutes for analysis of Embassy REIT's financial position or results of operations as reported under Ind-AS or IFRS. Certain figures in this press release have been subject to rounding off adjustments. Actual legal entity name of occupiers may differ. Occupancy by value refers to occupancy of the commercial offices weighted by the Gross Asset Value (GAV) of completed commercial offices.

(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 PWR

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