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February 6, 2026
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Reserve Bank policy: banks may be allowed to lend to REITs; repo rate held steady.
The Reserve Bank of India kept the repo rate unchanged at 5.25 percent with a unanimous Monetary Policy Committee vote and maintained a neutral policy stance. It proposed allowing banks to lend to Real Estate Investment Trusts (REITs) with specified prudential safeguards to deepen the financing pool for the real estate sector.
February 6, 2026
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Deputy chief of Russian military intelligence shot and wounded in Moscow amid a series of targeted attacks on senior officers.
A senior Russian military intelligence officer, Lt. Gen. Vladimir Alekseyev, was shot multiple times in Moscow and hospitalised, triggering an official investigation and calls to bolster protection for senior officers amid a series of prior assassinations and explosive attacks against Russian military figures that authorities have linked to Ukrainian actors.
February 6, 2026
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Bomb threat email to Ranchi Civil Court led to police search, bomb squad deployment and heightened security; no device found.
An email alleging an explosive device at the Ranchi Civil Court prompted police to open a formal inquiry, deploy the bomb disposal squad, and conduct comprehensive searches; no suspicious items were found and authorities treated the message as a hoax while increasing security and continuing investigation.
February 6, 2026
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Regional budget announces welfare and development measures including SPARSH DBT, solar initiatives, healthcare expansion, and education support.
The budget sets out a multi-sectoral development agenda combining revival of biotech parks, R&D support, renewable energy projects, and agricultural measures including crop insurance and storage expansion, alongside economic promotion of crafts and trade. It implements SPARSH with Aadhaar-based Direct Benefit Transfer for financial transparency and introduces social welfare measures such as full fee waivers for vulnerable students, free LPG for eligible households, scholarships, and transport for persons with disabilities, together with significant health and education infrastructure investments.
February 6, 2026
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Rupee falls to 90.70 as RBI holds repo rate and geopolitical uncertainty plus oil and FII flows strengthen the dollar.
The Reserve Bank's decision to maintain the repo rate at 5.25 per cent initially supported the rupee, but geopolitical uncertainty over US-Iran talks, a sharp rise in global crude oil prices, and net selling by foreign institutional investors combined to drive the currency down to settle at 90.70 against the US dollar, with market analysts projecting a near-term USD-INR trading range around 90.40-91.20.
February 6, 2026
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Siddaramaiah's leadership affirmed; party high command signals no change, and MUDA closure report grants him a clean chit.
The party high command signalled no leadership change and Siddaramaiah is expected to remain chief minister for five years, with the party prioritising budgetary and revenue concerns over leadership disputes. Speculation linked to a prior power sharing arrangement with the deputy chief minister persists. Separately, a 'B' report in the MUDA allotment matter was accepted by a special court, described as a clean chit to Siddaramaiah and others, though an appeal remains possible.
February 6, 2026
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Chromebook procurement in Andhra Pradesh flagged for restrictive tender conditions limiting competition and raising public value concerns.
Allegations state that the centrally funded procurement of 51,885 Chromebooks used restrictive tender conditions-notably specified foreign certifications-that GeM flagged as limiting competition, yet remained uncorrected before bid closure; industry says equivalent standards were excluded, the tender effectively matched only one OEM, an extension to secure savings was denied, and an IDC quality benchmark was removed, prompting calls for independent review of procurement compliance and value for money.
February 6, 2026
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Bangalore Watch Company opens a flagship boutique showcasing collections, archival aviation and space pieces, and hosting community events.
Bangalore Watch Company opened a 1,800 sq. ft. flagship boutique on Lavelle Road as an experiential retail space showcasing its full collections, archival pieces made from recovered aircraft materials and space qualified watches, and hosting masterclasses and community events to advance brand expansion and customer engagement; the release is a promotional communication accompanied by a distribution disclaimer disclaiming editorial responsibility.
February 6, 2026
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Sabarimala gold loss case: ED summons actor Jayaram in a PMLA probe over alleged temple gold extraction and asset concealment.
Enforcement Directorate summoned actor Jayaram in a PMLA money laundering probe alleging that sacred Sabarimala gold clad artefacts were misrecorded as copper, removed for replating, taken to private firms for chemical gold extraction, and that the extracted gold and related assets were retained, transferred and concealed as proceeds of crime; ED has conducted searches, frozen assets and seized a gold bar while investigative questioning continues.
February 6, 2026
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Impetus achieves Great Place To Work Certification again, highlighting culture, people strategy, and GenAI talent investments and innovation.
Impetus received the Great Place To Work Certification for 2026, credited to organizational practices that foster trust, accountability, and innovation. The company reports people strategy measures-leadership accessibility, role-based capability development, inclusive initiatives, and structured learning journeys-aimed at preparing employees for Generative AI and Agentic AI engineering work and enabling delivery of enterprise-grade AI solutions.
February 6, 2026
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Jammu and Kashmir's Rs 1.27 lakh crore budget prioritises inclusive growth, fiscal prudence, debt sustainability and targeted welfare measures.
The Jammu and Kashmir 2026-27 Budget of Rs 1.27 lakh crore prioritises sustainable, inclusive growth with fiscal prudence: net estimates of Rs 1,13,767 crore, revenue expenditure Rs 80,640 crore, capital expenditure Rs 33,127 crore, own revenues Rs 31,800 crore, central assistance Rs 42,752 crore, a projected tax to GDP ratio of 6.6% and a fiscal deficit of 3.69%. The plan emphasises debt sustainability through controlled borrowing and austerity, capital investment funded in part by special central assistance, power sector reforms, and targeted social and agricultural welfare measures.
February 6, 2026
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Parliament conduct: Shiv Sena leader rejects claim that MPs posed a threat to the Prime Minister and criticises trade deal.
A presiding officer warned that certain MPs might move toward the Prime Minister's seat and carry out an "unexpected act," prompting a request that the Prime Minister not attend a House reply; an Opposition leader rejected the assertion as baseless, defended parliamentary rules and traditions, and called the allegation laughable. The leader also criticised the government's policy, contending a recently reported India-US trade agreement reducing reciprocal tariffs to 18 per cent created national danger.
February 6, 2026
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LIBF Expo 2026 showcased India's sector-driven platforms for cross-border trade and regulatory compliance dialogue and capital access.
LIBF Expo 2026 served as a sector-driven international trade platform connecting Indian enterprises with global markets, focusing on cross-border expansion, supply chain diversification, access to capital, and regulatory compliance frameworks. The event convened business leaders, institutional representatives, investors, policymakers, and trade bodies to address practical mechanisms, advisory support, and institutional facilitation for overseas market entry.
February 6, 2026
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Hourly hotel stays require ID, verified listings, and remedies for check in failures, with policies varying by property.
Brevistay requires government-issued photo identification at check-in (excluding PAN) and uses a structured onboarding and verification process for listed properties; it resolves check-in denials or last minute failures by customer support that confirms the original booking or relocates guests to comparable or upgraded nearby hotels at no extra cost, while payment, cancellation and acceptance of sensitive bookings vary by hotel policy and local regulations.
February 6, 2026
Show AI Summary
Deputy chief of Russian military intelligence wounded in Moscow shooting amid a series of targeted killings.
A senior Russian military intelligence deputy was shot and hospitalised in Moscow; authorities reported the attack without naming a suspect. The incident follows several recent targeted killings and bombings of high-ranking officers, some blamed on Ukraine and some claimed by Ukrainian agencies, with at least one suspect arrested in an earlier case. Reporting notes the shooting occurred just after international negotiations but does not link the talks to the attack; operative legal effects are confined to criminal investigation and questions of attribution.
February 6, 2026
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ASHA workers protest, rejecting Rs1,000 honorarium hike and demanding a fixed monthly salary of Rs15,000.
ASHA volunteers protested a Rs 1,000 honorarium increase and demanded conversion to a fixed monthly salary of Rs 15,000, rejecting performance linked allowances and seeking limits on duties to mother and child support. The state announced the hike to Rs 6,250 and administrative benefits including a one time Rs 5 lakh death in service payment and maternity leave; demonstrators seek formal recognition of a predictable salary entitlement and meetings with health officials to change payment structure and employment conditions.
February 6, 2026
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Union budget 2026-27 launches an AI Mission and Critical Minerals Mission to bolster technology capacity and supply chains.
The union budget 2026-27 sets a long-term fiscal and policy roadmap toward 'Viksit Bharat-2047', releasing due funds to states and establishing an AI Mission with budgetary support and a Critical Minerals Mission to secure inputs for semiconductors, renewable energy and green hydrogen to strengthen technological capacity and supply chains.
February 6, 2026
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Parliamentary disruptions over the President's address raise questions on ministerial answers, Speaker intervention, and institutional accountability.
The dispute centres on parliamentary procedure during debate on the President's address: the opposition alleges the Prime Minister avoided answering questions in the Rajya Sabha and that recurring Lok Sabha disruptions demonstrate the government's refusal to run the House democratically. The Prime Minister countered that those disruptions insulted the President, the Constitution, and specified social groups, while the Speaker's reliance on intelligence to manage participation and the adequacy of that intervention were contested. The exchange implicates ministerial responsibility, acceptable protest in chambers, and oversight of executive conduct.
February 6, 2026
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Air India's Vihaan.AI is largely complete; remaining work is fleet refit and dealing with operational headwinds to reach profitability.
Air India's Vihaan.AI transformation has completed most planning, design and certification phases; remaining tasks are mechanical rollouts-manufacturing, seat delivery and installation-and completion of fleet refits across about 190 aircraft, while external headwinds like airspace closures, a fatal accident and other disruptions continue to affect operational performance and the timeline to profitability.
February 6, 2026
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Rs 10,000 crore missing from state treasury prompts demand for a high-level probe and audits of departments and agencies.
Allegations state that about Rs 10,000 crore is missing from the state treasury, identified during an audit under a former finance minister; secretarial explanations were unsatisfactory, a finance minister's request for departmental review was forwarded to the chief secretary and remains pending, and a senior opposition leader has demanded a high-level probe and audits of boards, corporations and commissions to determine possible official benefit and accountability.

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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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