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  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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.

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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