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Finance Minister Nirmala Sitharaman will present her ninth Union Budget on February 1, 2026, coinciding with changes like the removal of FASTag KYC verification by banks, potential LPG price updates, and hikes in taxes on pan masala, cigarettes, and tobacco products including GST, excise, and cess.
The Trump administration is gearing up for President Donald Trump to nominate Kevin Warsh, a former Federal Reserve governor from 2006-2011, as the next Fed chair to succeed Jerome Powell, whose term ends in May 2026.
Global financial markets witnessed extreme volatility as nearly $9 trillion in market value shifted within hours due to sharp swings in gold, silver and US equities. The sudden fall and recovery highlighted rising uncertainty across asset classes. Precious metals initially crashed before rebounding, while tech stocks also faced pressure. The event signals fragile global sentiment, high speculative
Virat Kohli’s verified Instagram account, with over 270 million followers, vanished from the platform overnight on January 30, 2026, sparking rumors of deactivation and conspiracy theories. The account became active again hours later.
President Donald Trump warns of 50% tariffs on Canadian aircraft entering the US market unless Canada approves Gulfstream jets from Georgia. This targets Bombardier’s Global Express jets and stems from ongoing US-Canada friction.
The proposed India–EU Free Trade Agreement marks a strategic shift as India targets deeper access to Europe’s $20 trillion market. Covering engineering, textiles, pharma, agriculture, and marine exports, the deal aims to integrate Indian industries into global supply chains. With clear regional advantages for the South, West, and parts of North and East India, the FTA’s impact makes it a critical
Former RBI Governor Raghuram Rajan has cautioned that India is navigating an extremely risky global environment and needs a long-term economic roadmap beyond annual budgets. Ahead of Budget 2026-27, he urged alignment between fiscal planning and resilience-building reforms to sustain growth. Rajan highlighted geopolitical volatility, supply-chain dependence, and technological shifts like artificia
India’s gold imports straining foreign reserves and the rupee. Policymakers may raise duties from 6%—cut in 2024—to curb non-essential demand and trade deficits, though past hikes failed to dent consumption as investment demand via ETFs soared.
The article examines rising healthcare costs in India, driven by medical inflation and hospital charges, and outlines policy measures including pricing reforms, enhanced insurer-provider coordination, GST considerations, and stronger billing transparency to protect households and improve the health economy.
The Indian government is planning hybrid ATMs that dispense ₹10, ₹20, and ₹50 notes, as well as exchange larger notes for smaller ones, to address shortages amid UPI’s rise. A prototype is under pilot testing in Mumbai, with potential national rollout at high-traffic spots like markets and hospitals.
