February 04, 2026
India’s benchmark stock indices surged over 2.5% on Tuesday (Feb 3), while the rupee rallied 1.36% up, its highest level since January 14, following the US tariff move
The budget followed a two-pronged strategy to spur manufacturing — scalable, big, and replicable, supported by PLI, and second by creating MSME champions: Finance Minister Nirmala Sitharaman
India already contributes significantly to global growth and the tariff cut puts India at a different level altogether: Finance Minister Nirmala Sitharaman
UPI transactions reached a record ₹230 lakh crore in FY26 till December, a sharp rise from ₹139 lakh crore in FY23: Govt
UPI is now expanding beyond India and is being used in eight countries: Govt
UPI is the world’s largest retail fast-payment system by transaction volume: Report
February 04, 2026
With the current rate of 18 per cent announced by US President Donald Trump, taxes on shrimp are likely to come down to 26 per cent
Indian shrimp exporters have welcomed the US decision to cut tariffs, easing severe cost pressures
India's shrimp exports zoomed to a record 8 lakh tonnes in 2025, driven by diversification to new markets like China, Russia, and Vietnam, government data show
February 04, 2026
The US tariff cut to 18% is expected to give India’s textile and apparel sector a competitive edge over Vietnam, China, Bangladesh, Pakistan and Indonesia
Industry estimates indicate India could see month-on-month double-digit growth in apparel and home textile exports from FY27
India’s monthly apparel export run rate could rise to $1.5–1.6 billion from the current $1.27 billion, supported by FTAs and higher US sourcing from India
India’s residential housing market is now among the top 10 globally in terms of growth in prices, rising 9.6 per cent year-on-year: Report
Ranked 10th, the Indian residential housing market is the only Asia-Pacific country in the top 10 with residential sales
Indian residential housing market health indicators remained balanced, with the quarters-to-sell ratio holding at 5.8 quarters
February 04, 2026
India’s economy could grow faster than earlier projected after the US cut tariffs on Indian goods: V Anantha Nageswaran
The US tariff reduction has created room for India’s growth to rise above earlier projections and trend closer to 7.4%: V Anantha Nageswaran
Tariff relief could raise India’s growth forecast by 20–30 bps above 6.9%, boosting economic momentum: Sakshi Gupta, HDFC Bank
February 04, 2026
India–US trade deal lifts major uncertainty and boosts the outlook for labour-intensive and manufacturing sectors: Finance Ministry officials
India–US trade deal is expected to deepen bilateral trade while strengthening collaboration in advanced technologies: Finance Ministry officials
India stands out as a macroeconomically strong country in the world today: Finance Ministry officials
India–US trade deal places India slightly ahead of other Asian emerging market economies in export competitiveness: Morgan Stanley
On the India–US deal, this is an appropriate time to call for a trading buy on India: Bernstein
The reduction in tariffs to 18% is a significant change that will reduce pressure on India’s labour-intensive export segments: Nomura
February 04, 2026
USA tariff cut from 25% to 18% on India will restore price parity with competing nations and significantly boost shipment volumes: Indian Rice Exporters Federation
After the lower tariff, Indian rice can now compete on a level playing field in one of its most high-value markets: Suraj Agarwal, CEO of RiceVilla Group
This season, India has recorded rice production of approximately 149 million metric tonnes, creating strong export potential: Prem Garg, National President, IREF
February 04, 2026
The reduction of the US tariff rate on most Indian goods is credit positive for labour-intensive sectors: Moody's Ratings
The India–US trade deal will reinvigorate India’s goods export growth to the US, which remains the country’s largest goods export market: Moody's Ratings
The India–US trade deal will benefit India’s gems, jewellery, textiles and apparel sectors: Moody's Ratings
February 04, 2026
India–US trade deal is the father of all deals and will help double trade between the two countries: Harsh Vardhan Shringla, MP
The India–US trade agreement is a historic moment for India’s foreign policy and economic system: Harsh Vardhan Shringla, MP
With the India–USA and India–EU trade deals, exporters, small-scale industries, and farmers will gain access to a USD 60 trillion high-value market: Harsh Vardhan Shringla, MP
We raise our CY26 real GDP growth forecast for India by 20bp to 6.9% year-on-year: Goldman Sachs
The India–USA trade deal will reduce trade-policy uncertainty and improve private investment intentions: Goldman Sachs
We estimate an incremental annualised boost of around 0.2 percentage points to GDP due to the tariff reduction on India from 25% to 18%: Goldman Sachs
February 04, 2026
All Central Universities (CUs), Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and the Indian Institute of Science (IISc) have functional SC/ST cells: Government
Central universities recorded an increase in SC enrolment from 71,621 to 89,182, while ST enrolment rose from 25,964 to 32,801 between 2014-15 and 2022-23
The government is taking multi-pronged measures and provides psychological support to students, teachers and families for mental and emotional well-being: MoS Sukanta Majumdar
CCEA on June 28, 2023, approved the "PM Programme for Restoration, Awareness Generation, Nourishment, and Amelioration of Mother-Earth (PM-PRANAM)
Since February 2021, a cumulative total of 11.85 crore bottles of Nano Urea and 3.53 crore bottles of Nano DAP have been sold nationwide as of Dec 31, 2025: MoS Anupriya Patel
The combined application, conventional Urea as basal and Nano Urea as foliar, has shown 1.65% to 14.82% increase in crop yield: MoS Anupriya Patel
February 04, 2026
The India-US trade deal has generated optimism across India Inc, with business leaders describing it as a significant step forward in enhancing bilateral trade and investment
Business leaders say tariff cuts and improved market access will enhance export competitiveness, strengthen supply chains and support India’s push to become a global manufacturing hub
The reduction in US tariffs enhances export competitiveness and strengthens confidence in long-term bilateral economic ties, aligning with PM Modi’s vision of Viksit Bharat 2047: Sudarshan Venu, TVS Motor
February 04, 2026
The India-US trade deal would help drive bilateral electronics and semiconductor trade towards $100 billion and provide clarity to businesses: Experts
The India-US trade deal will smoothen investments and expansions by improving market access, reducing systemic trade risks and enhancing supply-chain confidence: Expert
Mobile phone-led electronics manufacturing would further accelerate exports, helping drive electronics and semiconductor trade towards $100 billion: Expert
The India-US trade agreement is set to strengthen Indian pharmaceutical and medical device exports to the United States, as lower tariffs give companies a pricing edge over Chinese rivals
The India-US trade deal improves market access for Indian medicines, reinforces the country’s standing as a global supplier of affordable drugs and creates room for export growth: Experts
The India-US trade deal is seen as a sign of closer trade ties between India and the US, with hopes of easier regulatory processes and more reliable supply chains
February 04, 2026
Alphabet Inc., the parent company of Google, is planning a major expansion in India and may take up millions of square feet of new office space in Bengaluru
Whitefield in east Bengaluru is one of the city’s most important tech belts, contributing nearly 22% of its total IT output
The combined India workforce of major US tech firms, including Facebook, Amazon, Apple, Microsoft, Netflix and Google, grew by 16% over the past year
February 04, 2026
India intends to purchase up to $500 billion worth of American products critical to its economic security over the next five years
Under the Indo-US trade agreement, nearly $30 billion worth of Indian exports will face an 18 percent tariff, even as labour-intensive sectors are expected to gain a competitive edge
Over the past decade, India has emerged as an independent and indispensable economic pole holding up a significant share of the global economy
February 04, 2026
PM Modi will welcome heads of state, host the world’s largest artificial intelligence summit, and undertake critical bilateral missions to two nation
Over 35,000 people have registered for the India AI Impact Summit, with attendees from more than 100 countries expected in New Delhi
The India AI Impact Summit represents the most consequential of PM Modi’s February commitments. It is no ordinary conference
February 04, 2026
PM Modi balanced relations with Russia and Ukraine without choosing sides. He normalised ties with China after four years of military tension
PM Modi signed a transformational trade agreement with Europe that two decades of negotiations could not secure
India’s government allowed the rupee to slide to historic lows, and this apparent weakness is actually the soundest strategic choice PM Modi could have made
February 04, 2026
India and the US have entered a new phase in their relationship, marked by greater parity
The revised tariff rate of 18 per cent could spur significant economic activity between India-US and re-energise sectors such as textiles, auto components,etc.,
India, however, largely succeeded in blunting the sharper edges of America’s tariff weaponisation. It avoided retaliation, maintained resilient economic growth
February 04, 2026
The central government notified the Baggage Rules, 2026, along with the Customs Baggage (Declaration and Processing) Regulations, 2026, and a Master Circular, introducing higher duty-free allowances`
The new reforms raise the general duty-free allowance to ₹75,000 for most passengers
Transfer-of-residence concessions have been streamlined into three slabs — ₹7.5 lakh, ₹3 lakh, and ₹1.5 lakh, according to new reforms
February 04, 2026
For two successive Budgets now, FM Sitharaman has made mega proposals in her Budget speeches for the shipping sector: Shipping Minister Sarbananda Sonowal
The government will use the budget push to catalyse the Bharat Container Shipping Line (BCSL), India’s new national container carrier, Shipping Minister Sarbananda Sonowal tells
Container support scheme will lead to capacity equal to 10% of global demand: Shipping Minister Sarbananda Sonowal
February 04, 2026
February 04, 2026
The Electronics Components Manufacturing Scheme expansion to Rs 40,000 crore — nearly double its original allocation
India assembled smartphones worth $38 billion in 2024, but imported components worth $28 billion — highlighting the value capture gap this budget aims to close
Perhaps the Budget’s most strategic provision is the tax holiday until 2047 for foreign cloud providers using Indian data centres
February 04, 2026
In monetary terms, the lowering of American tariffs on Indian exports from the sky-high level of 50% to 18% will bring relief and buoyancy to manufacturers
It is notable that Indian exports to the US increased by over 20% year-on-year in recent months in spite of the massive tariff wall
On the services side of bilateral commerce, top American technology firms like Amazon, Microsoft and Google have pledged to invest more than $67.5 billion in India in AI
February 04, 2026
The India–US trade agreement, finalised just days after the India–EU Free Trade Agreement, marks a decisive inflection point in India’s economic and geopolitical trajectory
The key sectors involved in the India-US trade deal include textiles, leather, gems and jewellery, plastics, and agriculture
India is no longer a passive participant in global commerce. It is now actively shaping trade rules, expanding market access
February 03, 2026
The Central government has allocated ₹10,000 crore under the Biopharma Shakti initiative to strengthen India’s research and innovation ecosystem in biologics and therapeutics
In a humane move to make critical care affordable, the Union Budget 2026 grants complete exemption from Basic Customs Duty on 36 life-saving medicines
"The ₹10,000 crore commitment to strengthening the biopharma, biotech, and life sciences ecosystem creates a strong foundation for raising quality benchmarks": Dr GSK Velu, CMD, Trivitron Healthcare
The Central government has secured a historic trade deal with the US, ensuring tariffs on Indian goods fall sharply to 18% with immediate effect, to boost the strategic partnership
The India-US agreement gives a major boost to manufacturing-led growth, with the GIFT Nifty reflecting immediate positive sentiment with a sharp 600-point surge
"Two of the world's toughest negotiators come to an agreement. So, we have both the father and mother of all trade deals! Congratulations PM Modi!": Arvind Panagariya, Chairman, 16th Finance Commission
India-US trade deal lowering tariffs is set to benefit textiles, carpets and leather exporters by improving US market competitiveness
India-US deal reduces duties which can help increase export volumes and open new opportunities for labour-intensive sectors
Exporters from labour-intensive segments have welcomed the tariff cut as a positive development for sector growth in global markets
The US will reduce tariffs on Indian goods to 18%, creating a stronger export footing for India compared with neighbouring competitors
The trade deal between India and the US is expected to increase Indian exports to the US by lowering trade barriers and improving market access
By gaining preferential tariff treatment through India-US trade deal, India improves its position relative to regional trade peers in the global marketplace
February 03, 2026
The seasonally adjusted HSBC India Manufacturing PMI climbed to 55.4 in January from 55.0 in December, signaling a strong improvement in overall industrial conditions
Indian goods producers reported an upbeat start to the year with faster increases in output, employment, and buying levels as new orders gathered momentum across the manufacturing industry
Consumer goods emerged as the brightest area of the manufacturing industry in January, with the sector maintaining a growth trajectory well above its long-run historical average
February 03, 2026
Through the ‘HIRA’ model (Highways, Internet, Railways and Airways), Tripura has been connected to the national and global level
By strengthening local resources like bamboo and agarwood, Tripura has carved out its identity on the national and global platforms
Through the Mata Bari circuit, tourism has been boosted by linking Tripura’s heritage, faith and natural beauty with modern facilities
February 03, 2026
India and the US have agreed to a trade deal under which US tariffs on Indian goods will be cut to 18%, down from 25%, marking a significant easing of barriers
The tariff cut from 25% to 18% is expected to benefit Indian exporters, strengthen trade ties and enhance economic cooperation between the two largest democracies
The agreement between New Delhi and Washington follows direct engagement between PM Modi and President Trump and reflects a thaw in bilateral trade relations
PM Modi extended a “big thanks” to President Trump after the US tariff cut, saying it will unlock huge opportunities for Indian businesses
The tariff reduction from 25% to 18% is expected to boost Indian exports, improve competitiveness in the US market and support jobs in export sectors
PM Modi framed the move as a step toward deeper India-US economic engagement and enhanced bilateral cooperation
Budget 2026 may indirectly lift real estate via data centre tax holidays, CERs, and infra push in Tier-II & III cities
Budget 2026: Focus on manufacturing & urban development to spur growth in industrial, warehousing, data centres, retail & offices
Budget 2026: Tax holiday till 2047 could attract global hyperscalers, positioning India as a digital infrastructure hub.
February 03, 2026
Union health ministry is aiming for 30 million hospital admissions under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) scheme in 2026-27 (FY27)
More than 33,000 hospitals are currently empanelled under PMJAY, of which 17,505 are public establishments while around 15,600 are private health-care centres
Launched in 2018, PMJAY aims at providing health cover of ₹5 lakh per family per year for secondary and tertiary care hospitalisation to around 550 million individuals, corresponding to 123.4 million families
February 03, 2026
Budget 2026: Targeted support for MSMEs, agriculture, skilling, digital infrastructure, capital markets and technology-led sectors positions India for stable growth, job creation and global competitiveness.
Budget 2026: A “many engines, one direction” approach boosts MSMEs, agriculture, skilling, digital infra and tech-led growth
Union Budget 2026-27 lays out a clear, long-term growth roadmap for India, focusing on durable structural reforms rather than short-term stimulus
February 03, 2026
Guru Ravidas’s birth anniversary is now commemorated at a national level and many states too have recognised it: PM Modi
PM Modi addressed the followers at Dera Sachkhand Ballan soon after naming Adampur airport after Saint Guru Ravidass on his birth anniversary, lauding his message of equality
PM Modi’s gesture of helping the spiritual head of Dera Sachkhand Ballan, climb down the stairs from the dais and help him walk along by holding his hand touched a chord among followers
February 03, 2026
DoP plans to boost production under its PLI schemes for bulk drugs, medical devices, and pharmaceuticals in 2026-27 (FY27), with the schemes receiving a 2.24% increase in allocation this year.
DoP aims to add 500 metric tonnes (MT) per annum of manufacturing capacity for bulk drugs in FY27, bringing total production to drugs worth ₹1,250 crore this year
The Centre has introduced a minimum import price for APIs such as penicillin-G, amoxicillin, and 6-APA to counter aggressive undercutting and dumping by Chinese manufacturers
February 03, 2026
A ₹20,000 cr, 5-yr commitment to carbon capture, utilisation and storage (CCUS) recognises that India's hard-to-abate industries cannot decarbonise through renewables alone
The substantive achievement of the budget lies not in its announcements, but in the public goods it incrementally strengthens
FM Sitharaman’s emphasis on 'Kartavya No. 2' signals a recognition that resilience, competitiveness and inclusion ultimately depend on human capital, institutional throughput and execution quality
The direct tax reforms announced in the budget are aimed at preparing the ground for a trust-based tax regime: CBDT chairman
The tax department is not here to punish or penalise, and taxpayers will get multiple opportunities to settle disputes early: CBDT chairman
The proposed reforms in the minimum alternative tax (MAT) will push more companies to the new tax regime: CBDT chairman
February 03, 2026
Passenger vehicle sales in India rose by 12.5% from a year earlier in January to more than 456,000 units, thanks to sustained demand momentum following tax cuts and reduced vehicle prices
Car sales grew by 17% in October, 19% in November, and 27% in December, as consumers rushed to showrooms to benefit from price cuts on cars and SUVs
Sales at homegrown automakers Tata Motors and Mahindra & Mahindra (M&M) surged by 46% and 25%, respectively, from a year earlier
February 03, 2026
The Union Budget 2026-27 has placed skilling at the centre of workforce development, with a sharper focus on MSMEs, capex, and future-facing industries: Experts
The Union Budget 2026' 27 takes a decisive step towards building Viksit Bharat jobs by formally recognising the gig economy as a critical pillar of India's workforce: Expert
The government is laying the foundation for a formal, high-value employment-driven economy positioning India as the world's talent and technology capital: Expert
February 03, 2026
The central government has preferred to keep eyes peeled on stability and continuity of reforms to stay on the Viksit Bharat course
The Budget for 2026-27 (FY27) has announced the largest infrastructure outlay so far of ₹12.2 trillion, up 9 per cent from the ₹11.2 trillion in the FY26 Budget estimates
The Budget promotes ease of doing business through a multi-pronged approach: Single-window clearances for infrastructure and manufacturing projects
February 03, 2026
The ninth consecutive and record-setting Union Budget of Finance Minister Nirmala Sitharaman was the first without the backdrop of usual macroeconomic concerns
The Indian economy is experiencing the so-called 'Goldilocks' moment - neither too hot, nor too cold, perfect
Biopharma SHAKTI, backed by ₹10,000 crore, proposes to make India a global hub for biologics and biosimilars, moving beyond low-cost generics into high-value health manufacturing
February 03, 2026
The government says this year's budget outlines the will to achieve the goals of Atmanibhar Bharat and Viksit Bharat
The budget will give a boost to employment and India will strive towards becoming the world's third largest economy
To boost manufacturing, industrial hubs will be created in tier-1 and tier-2 cities with a population of more than five lakh, with ₹12.2 lakh crore earmarked for this purpose
February 03, 2026
The Union Budget 2026-27 focuses on fortifying the Indian economy against global volatility through strategic investments in technology, healthcare, and grassroots entrepreneurship
Industry experts hail the government for their push for strengthening the country's biopharma sector, as well as their focus on women entrepreneurship
The Finance Minister's emphasis on women in STEM and inclusive technology adoption reflects a forward-looking vision: Ruby Sinha, President of BRICS CCI WE
FM Nirmala Sitharaman’s three-pronged approach suggests a deliberate attempt to integrate small-town SMEs into the mainstream corporate economy, the so-called India Inc
Rs 10,000 crore SME Growth Fund and the expansion of the Self-Reliant India Fund, both proposed in the budget is aimed at creating "champions"
By strengthening the TReDS and mandating its use for purchases by central public sector enterprises, the Budget seeks to normalise timely, transparent settlement of SME transactions