February 02, 2026
25 articles published on this date
Budget 2026-27: Rare Earth Mineral Corridor, High-Speed Rail, and Freight Corridor Announced
Union Budget 2026-27 announced a Dedicated Rare Earth Mineral Corridor linking four coastal mineral-rich states — Odisha, Kerala, Andhra Pradesh, and Tamil...
Budget 2026 Rationalises Income Tax Penalty and Prosecution Framework to Cut Litigation
Union Budget 2026-27 proposed a comprehensive rationalisation of penalty and prosecution provisions under the Income Tax Act, with the objective of reducing...
Union Budget 2026-27: Customs Duty Cuts Provide Manufacturing Boost Across Key Sectors
The Union Budget 2026-27, presented on February 1, 2026 by Finance Minister Nirmala Sitharaman, announced significant customs duty reductions targeting...
Budget 2026 Nearly Doubles Electronics Components Manufacturing Scheme Outlay to ₹40,000 Crore
Union Budget 2026-27 raised the outlay of the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore — nearly doubling the original ₹22,919...
Rs 10,000-Crore SME Growth Fund and MSME Liquidity Reforms: Credit Access and Formalisation
The Union Budget 2026-27 announced a dedicated ₹10,000-crore SME Growth Fund to provide equity support to high-potential small and medium enterprises...
Budget 2026 Cuts TCS to 2% on Overseas Education Remittances Under LRS
Union Budget 2026-27 reduced Tax Collected at Source (TCS) on overseas remittances for education and medical purposes from 5% to 2% under the Liberalised...
Budget 2026 Sets Up Expert Panel to Assess AI's Impact on Jobs and Services Sector
Union Budget 2026-27 announced the establishment of a high-powered 'Education to Employment and Enterprises Standing Committee' to assess the impact of...
Budget 2026 Launches ₹10,000 Crore Container Manufacturing Scheme to Break China Dependence
Union Budget 2026-27 announced a ₹10,000 crore Container Manufacturing Assistance Scheme, directly targeting India's near-total dependence on Chinese-made...
Budget 2026-27: Reducing China's Grip: India's Critical Minerals and Rare Earths Strategy
Union Budget 2026-27 announced several measures targeting India's significant dependence on China for rare earth elements and critical minerals, with direct...
Budget 2026: Safe Harbour Reforms Bring Tax Certainty to India's IT Sector
Budget 2026-27 introduces a comprehensive overhaul of India's Safe Harbour Rules for transfer pricing — specifically targeting IT/ITeS, data centres, and...
US Lowers Tariffs on India to 18% Under Trade Deal: Global Tariff Comparisons
The United States agreed to lower tariffs on Indian goods from 50% to 18% as part of the India-US interim bilateral trade framework announced in February...
Trump Claims India Will Stop Buying Russian Crude: Energy, Sanctions, and Strategic Autonomy
US President Donald Trump claimed on February 2, 2026 that Prime Minister Modi had agreed to stop purchasing Russian crude oil and instead buy American and...
FM Sitharaman: Growth Remains Priority; PSU Disinvestment to Continue Selectively
Finance Minister Nirmala Sitharaman stated in post-budget interactions that economic growth remains the government's primary objective, and PSU (Public...
Gen Naravane's Memoir Reveals Civil-Military Dynamics During 2020 Ladakh Face-Off with China
Former Army Chief General Manoj Mukund Naravane's unpublished memoir, titled 'Four Stars of Destiny,' reveals significant details about how India's civil...
Budget 2026-27 Addresses US Tariff Pressure: Strategic Sectors Backed, Vulnerable Industries Shielded
The Union Budget 2026-27 (presented February 1, 2026) was shaped in part by the shadow of Trump's tariff threats — Finance Minister Sitharaman made...
Making Sense of Budget 2026-27: What It Means for India's Economy
The Union Budget 2026-27 balances three simultaneous objectives: fiscal consolidation (deficit 4.3% of GDP), growth acceleration (capex ₹12.2 lakh crore)...
Proposal to Bar Non-Hindus from Char Dham: Constitutional Questions on Religious Freedom and Temple Entry
The managing committees of the four Char Dham shrines in Uttarakhand — Badrinath, Kedarnath, Gangotri, and Yamunotri — proposed barring entry to non-Hindus...
Budget 2026: Shift from Revenue Collection to Institutional Reform in Direct Taxation
Budget 2026-27, in conjunction with the new Income Tax Act, 2025 (coming into force April 1, 2026), signals a deliberate shift in India's direct tax...
Budget 2026-27: Development of 15 Archaeological Sites as Heritage Tourism Destinations
Union Budget 2026-27 announced plans to develop 15 archaeological sites across India into immersive cultural tourism destinations, with a focus on...
How Trump's Tariff Pressure Shaped India's Trade Policy Ahead of Budget 2026-27
US President Donald Trump imposed a 25% punitive tariff on Indian imports in August 2025, explicitly linked to India's continued purchase of Russian crude...
India-US Trade Deal: Reaffirming Strategic Partnership in a Shifting World Order
India and the United States announced a framework for an interim bilateral trade agreement on February 2, 2026, with the US agreeing to lower reciprocal...
The New Fiscal Rule in Budget 2026-27: Debt Anchor Replaces Deficit Targeting
Budget 2026-27 introduces a new fiscal framework that replaces deficit-targeting with debt-to-GDP ratio as the primary fiscal anchor, marking a departure...
Budget 2026-27 and Fiscal Federalism: Pushing Welfare Delivery Towards States
The Union Budget 2026-27, tabled alongside the 16th Finance Commission Report (for 2026-31 chaired by Arvind Panagariya), signals a structural shift in...
Agnipath Scheme Allocation Jumps 58%, Army Receives Largest Share in Union Budget 2026-27
The Union Budget 2026-27 allocated ₹15,173.68 crore for the Agnipath scheme, representing an approximately 58% jump over the previous financial year's...
CDS Gen Chauhan's Armenia Visit: India's Growing Defence Footprint in the South Caucasus
Chief of Defence Staff (CDS) General Anil Chauhan led a high-level defence delegation on a four-day official visit to Armenia from February 1, 2026...