Newswire: Feb 6, 2026 1:36 AM EST

Highlights:

• Reliance Industries returns to Venezuelan crude purchases after pausing mid-2025, as India diversifies oil supply sources with US intervention bringing Venezuelan oil back to market. Source

• Reserve Bank of India plans to allow banks to lend directly to REITs, potentially unlocking fresh funding for property assets and boosting sector growth. Source

• RBI keeps key rate unchanged at 5.25%, signaling confidence in economic outlook after government spending pledges and US trade deal, though Indian assets face global competition. Source

• Societe Generale launches €1.46 billion buyback program after fourth-quarter profit beat estimates, reinforcing CEO's focus on investor payouts. Source

• Former Tech Mahindra CEO discusses AI disruption potential in IT workflows and why Indian IT firms could benefit despite short-term challenges. Source