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    Trade deal with US gives another boost to India's roaring growth engine: Amit Shah
    End of Thackeray-era, BJP's Ritu Tawde set to become Mumbai mayor in unopposed contest
    IPO-bound MF arm dividend powers SBI to highest ever net at Rs 21,028 cr in Q3
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February 7, 2026
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India-US trade agreement establishes reciprocal tariff cuts and duty removals to expand market access and two way trade.
Interim bilateral trade framework sets reciprocal tariff adjustments: the United States will reduce tariffs on specified Indian goods to 18% from about 50%, and India will eliminate or reduce import duties on all American industrial goods and a specified list of agricultural and food products, as the first phase of the broader Bilateral Trade Agreement, with formal signing expected by mid March.
February 7, 2026
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Mumbai mayoral election: BJP candidate Ritu Tawde nominated unopposed under a woman open-category reservation, process to proceed.
BJP's Ritu Tawde was nominated unopposed for Mumbai mayor after other parties did not file competing nominations by the filing deadline; the post was made reserved for a woman from the open category by a draw of lots. Officials recorded single nominations for mayor and deputy mayor before the deadline and the municipal election process will continue according to the scheduled withdrawal and procedural dates.
February 7, 2026
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State Bank of India's profit boosted by a Rs 2,200 crore mutual fund dividend amid stronger loan growth and regulatory support.
A Rs 2,200 crore special dividend from the IPO bound mutual fund arm materially lifted standalone net profit and non interest income. The bank raised its FY loan growth target to 13-15% amid 15.14% loan growth, a 72% credit deposit ratio, excess government securities holdings, and a large sanctioned loan pipeline. Management flagged regulatory support from RBI measures allowing bank lending to REITs and an RBI stance on compensating defrauded customers, while asset quality improved and capital adequacy stood at 14.04%.
February 7, 2026
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Partition of India occurred due to forgetting Hindu sentiment, and Hindutva preserves cultural unity, says RSS chief.
Mohan Bhagwat contended that the partition resulted from a neglect of collective Hindu sentiment and maintained that Hindutva need not displace personal religious practice, language or food habits, framing it instead as a guarantee of individual safety within the nation. He promoted dialogue to address factual criticisms of the RSS, opposed reliance on perception or propaganda, advocated balanced swadeshi with global interdependence (not tariff-driven), and called for social measures-family dialogue, self-pride and self-awareness-to strengthen peaceful co-existence.
February 7, 2026
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Ride-hailing drivers protest for minimum base fares and a ban on non-commercial vehicles operating commercially.
Drivers staged a coordinated partial stoppage refusing some bookings during demand surges to protest dynamic fare increases and to demand that the government notify a minimum base fare, and to bar use of non-commercial vehicles for commercial passenger and goods transport, pressing regulators to establish fare slabs and clarify vehicle classification.
February 7, 2026
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Assembly microphone cut off during a minister's speech, raising questions about speaking list rules and speaker discretion.
A minister's microphone was switched off while speaking because his name was not on the original speakers' list; the Speaker acknowledged the omission but exercised discretion to allot four minutes, after which warning and cutoff lights activated and the microphone was reportedly silenced, prompting visible displeasure and a subsequent cordial recess meeting with the Speaker.
February 7, 2026
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Indo US trade deal will expand market access, boost jobs and support Make in India while regional security concerns persist.
The Lieutenant Governor of Ladakh characterises the recent Indo US trade agreement as advancing India's economic objectives by expanding market access, benefiting farmers, creating jobs, and supporting initiatives such as Make in India and startup promotion toward a 'Viksit Bharat' by 2047. He condemns a terrorist bombing in Pakistan, attributes regional instability to Pakistan's security institutions undermining civilian governance, and links defence and technological progress to national advancement.
February 7, 2026
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US-India trade pact cuts or eliminates tariffs on many goods while addressing non-tariff barriers to trade.
The bilateral framework provides for immediate and phased tariff elimination and reduction on numerous industrial, food, agricultural, medical, and high-value goods, while preserving targeted protections such as minimum import prices. It also requires both parties to address non-tariff barriers, reform restrictive licensing for ICT goods, and establish quota-based and phased modalities; reciprocal zero-tariff access in the partner market is granted for a specified list of Indian agricultural and processed food exports.
February 7, 2026
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India US trade framework supports MSME integration, cuts tariffs and opens markets while protecting sensitive agricultural sectors.
The India US Interim Agreement framework modifies bilateral market access and duties to support MSME integration and reduce business costs: the US will cut tariffs on specified Indian goods to 18%, India will eliminate or lower duties on a wide range of US industrial and agricultural products, and India intends to purchase USD 500 billion of US goods over five years; the framework preserves safeguards for sensitive agricultural and dairy sectors and includes joint technology cooperation to position India as a hub for AI, data and digital services.
February 7, 2026
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Election projection: national party claims it will form government, citing increased funding and budget-driven development plans.
The national party asserts it will form the state government, citing a 23% rise in loans and doubled grants-in-aid as evidence of supportive central funding and linking the Viksit Bharat Budget 2026 to growth in Tourism, a Rare Earth Corridor, and High-Value Crops; it accuses prior administrations of sectoral stagnation, raises national security concerns over alleged local support for Islamist forces, and pledges cultural protection, empowerment of women, youth and farmers, and business-friendly measures.
February 7, 2026
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Bengaluru-Mumbai premium train service announced; Centre seeks state support for land acquisition under cooperative federalism.
Central projects, including a premium Bengaluru-Mumbai service and suburban rail expansion, depend on state cooperation for land acquisition under a policy of cooperative federalism; administrative prerequisites such as design approvals, tendering, testing, and electrification certification are reported as advanced for several services.
February 7, 2026
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India-US interim trade framework preserves agriculture and dairy while lowering tariffs and expanding market access for exporters and MSMEs.
The BJP defends the India-US interim trade framework as preserving sensitive agriculture and dairy sectors while reducing reciprocal tariffs to 18 percent and granting zero-tariff access in sectors such as generic pharmaceuticals, gems and diamonds, and aircraft parts, thereby boosting export competitiveness, supporting MSMEs, farmers and fishermen, and expanding market access and employment opportunities.
February 7, 2026
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India and the US agreed a framework reducing reciprocal tariffs and committing to phased duty eliminations and regulatory cooperation.
The United States and India reached a framework for an Interim Agreement in which the US will reduce tariffs on specified Indian goods to 18% and India will eliminate or reduce duties on a wide range of US industrial, food and agricultural products, with immediate eliminations, phased reductions, quota-based concessions, sector-specific tariff relief (including zero tariffs on generic pharmaceuticals, gems and aircraft parts), regulatory cooperation on standards and commitments to address non-tariff barriers.
February 7, 2026
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Jammu and Kashmir hydropower development urged; Centre brings region under SASCI with 50-year interest-free capital loans.
The Union Home Minister directed full utilisation of Jammu and Kashmir's hydropower projects and 100 per cent saturation of government welfare schemes, while the Centre brought the territory under the SASCI scheme for FY 2025-26 to enable access to 50-year interest-free loans for capital projects and emphasised fiscal discipline and targeted investments such as sports infrastructure and dairy sector promotion.
February 7, 2026
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India-Russia ties remain strong and open to expanded cooperation including nuclear SMR technology and infrastructure projects.
India and Russia maintain a strong bilateral relationship grounded in trust and mutual respect, with Moscow open to cooperation with any willing partner. Nuclear energy is a key area of collaboration, where Russian entities, including Rosatom, can provide SMR technology and pursue technology sharing and joint development. The Consul General also addressed reports about India's oil purchases by referring to Russian official statements, and highlighted bilateral talks on infrastructure projects as part of efforts to deepen ties.
February 7, 2026
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Assam historical fiction anthology recenters Assamese experiences and contests reductive insurgency narratives.
Colour My Grave Purple is an Assam-set anthology that recentres Assamese experiences across 1855-2019 to dispute insurgency-focused and exoticising narratives. Through ten stories-ranging from plantation labour and indigenous healing to missionary encounters and gendered nationalism-Sahin uses historical fiction and untranslated language to critique colonial epistemologies, contest possession of land and stories, and frame fiction as an act of cultural and epistemic reclamation.
February 7, 2026
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India US trade pact framework grants zero reciprocal tariffs on about USD 44bn of Indian exports, with targeted tariff reductions and exclusions.
An interim bilateral trade framework will reduce import duties to expand two way trade, granting about USD 44 billion of Indian exports zero reciprocal tariffs in the first phase; the US will reduce certain tariffs to 18%, India will eliminate or cut duties on a broad range of US industrial and agricultural goods, while preserving exclusions for specified sensitive sectors and product lines.
February 7, 2026
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Metta Vipassana retreats offered in India and online integrate loving-kindness, the 6Rs cycle, and embodied mindfulness practice.
Metta Vipassana retreats offered in India and online by the Dhamma Sukha tradition integrate loving-kindness with insight practice using a relaxation-oriented method and the 6Rs cycle (Recognize, Release, Relax, Re-smile, Return, Repeat). The program combines sitting and walking meditation, gentle movement, individual interviews, and daily discourse to foster embodied awareness, reduced reactivity, and sustainable practice applicable to daily life.
February 7, 2026
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India's built environment pitched as the next major greenfield investment frontier, driven by infrastructure delivery and governance.
India presents its built environment as a leading global greenfield investment opportunity, driven by rapid urbanisation, infrastructure delivery and projected urban contribution to national GDP. The argument links executed projects-metros, expressways, BRT, waterways-and integrated land use with institutional capital inflows, REIT activity, and green-certified building deployment. Emphasis is placed on governance consistency and transit-oriented, climate-resilient development as key conditions that make urban mobility, housing, energy and logistics investible at scale.
February 7, 2026
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Tech Setting India appoints Santosh Tiwari as CEO to drive India Advantage in emerging technology advisory.
Tech Setting India appoints Santosh Tiwari as CEO to lead strategic advisory services leveraging India's talent and technology across AI, quantum, space, biotech and skilling; the firm emphasizes experience in policy formulation, SEZ and defence offsets, renewable energy, AI policy, agri tech, labour and taxation reforms and foreign investment, and states Tiwari will assume the role from March to strengthen client delivery and advocacy.

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India Pitches Built Environment as the Next Global Investment Frontier at Davos 2026: The Urban Vision

February 7, 2026

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DAVOS, Switzerland and MUMBAI, Feb. 7, 2026 /PRNewswire/ -- As the curtains draw on the World Economic Forum (WEF) 2026, a significant shift in India's global pitch has emerged. Moving beyond traditional growth forecasts, the Indian delegation championed the country's "built environment" as the world's largest greenfield investment opportunity, signalling that the future of global capital is inextricably linked to the evolution of Indian cities. India at Davos: Showcasing cities, infrastructure, and India’s growth story. With nearly 500 million Indians already urbanized and another 100 million expected by 2036, India's urban centers are projected to generate 70% of the national GDP. Unlike mature western economies where urban patterns are "locked in," India is in a unique position to write a new system for the $380 trillion global real estate asset class. This makes India's built environment the largest greenfield investment opportunity in the world today. The message at Davos was clear: urban development is no longer a peripheral issue but a core pillar of climate resilience, energy security, and economic productivity. Under the India Pavilion, the states of Andhra Pradesh, Assam, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Telangana, and Uttar Pradesh presented diverse investment opportunities shaped by their sectoral strengths. What linked these pitches was not ideology, but geography: ports, corridors, industrial clusters, data centres, and urban districts that ultimately become land use, buildings, and infrastructure. What makes this moment credible is the infrastructure transformation already underway. Over the past decade, India has shifted decisively from planning to execution. High-speed corridors, expanding metro networks, bus rapid transit systems, elevated roads, and non motarized mobility projects are reshaping cities. Waterways and coastal shipping routes are improving freight efficiency. Nationally, new expressways and modernised highways are compressing travel times and integrating regional markets. Representing the industry, the Confederation of Real Estate Developers' Associations of India (CREDAI) emphasized that India's rapid infrastructure expansion including the world's third-largest metro network is redrawing the geography of investment. Dipakbhai B. Patel, National Convenor, CREDAI, said that India's infrastructure investments are changing how cities grow. "Real estate today is being built on connectivity, sustainability, and long-term value. Our focus must be on creating integrated, resilient urban ecosystems," he noted. He added that developers are increasingly focused on building complete livable urban ecosystems rather than isolated projects. Building on this, Hiren Parmar, Convenor – International Forums, CREDAI, said, "Global investors are looking at India's cities not just for scale, but for long-term performance. Strong infrastructure and governance are positioning Indian urban regions as serious destinations for global capital." According to him, consistent governance and visible infrastructure delivery are becoming key factors in attracting international capital. The Leapfrog Opportunity: The discussion focused heavily on "leapfrogging": the idea that India can bypass the car-dependent, high-emission mistakes of 20th-century urbanism. By integrating transit-oriented development (TOD) similar to Tokyo and nature-based flood management seen in Copenhagen, Indian states like Maharashtra and Karnataka are pitching innovation districts that prioritizewalkability and climate-resilience. Prathima Manohar, Chair of The Urban Vision & Member, World Economic Forum Council on the Experience Economy, said, "India's urban future is a living contract between people and place. It is about shaping opportunity, dignity, and everyday life. Our cities will determine whether growth becomes enduring prosperity. Infrastructure, ultimately, is not just about assets, but about lives and livelihoods." A decade of infrastructure investment, clean energy expansion, and rising institutional capital has reshaped Indian cities. Rapid metro growth across more than 15 cities and the development of industrial and logistics corridors have compressed travel times and unlocked suburban and peri-urban land value. At the same time, the built environment is becoming a hub for data centres, industrial parks, and logistics hubs integrating directly with India's expanding solar and wind grids. Institutional capital inflows of USD 6.5 to 8.9 billion annually, led by REITs, offices, logistics assets, and data centres, have strengthened market depth, while over 15 billion square feet of green-certified buildings reflect a sector-wide commitment to achieving Net Zero by 2047. The next trillion dollars of growth will not be unlocked by declarations in the Alps, but by sustained investment in mobility, housing, energy, and public space. In the end, India's competitiveness will be measured less by what it announces to the world, and more by what its cities deliver on the ground. For global investors, the question is no longer whether India will urbanise, but how and with whom they will participate in shaping the most important urban transformation of the 21st century. About The Urban Vision: The Urban Vision is a think–do tank on future of cities dedicated to building inclusive, resilient, and happy cities. It brings together policymakers, planners, entrepreneurs, artists, technologists, and citizens to reimagine how urban spaces can foster dignity, opportunity, and everyday well-being. www.theurbanvision.com (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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