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Top exam-relevant stories with MCQ-ready key points, compiled every morning from PIB, RBI and All India Radio. Latest edition: 1 February 2026.
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The Indian government plans significant market borrowings of ₹17.2 lakh crore (gross) and ₹11.7 lakh crore (net) for the 2026-27 fiscal year, as announced by Finance Minister Nirmala Sitharaman in the Union Budget 2026.…
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Union Budget 2026-27 announced a significant customs duty reduction by Finance Minister Nirmala Sitharaman. The tariff rate on all dutiable goods imported for personal use has been halved from 20% to 10%. This policy ai…
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Finance Minister Nirmala Sitharaman presented the Union Budget 2026, emphasizing reforms and growth across various sectors. The budget introduced measures for critical areas like farmers, education, MSMEs, and healthcar…
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Finance Minister Nirmala Sitharaman unveiled a significant Rs 10,000 crore MSME growth fund in Budget 2026, aimed at bolstering the sector's growth, generating employment, and making it 'tariff-proof'. This crucial anno…
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Finance Minister Nirmala Sitharaman announced key measures in the Union Budget 2026 aimed at boosting exports and domestic manufacturing. These include duty-free imports for specified inputs in the leather sector and cu…
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The Union Budget 2026 introduces significant changes impacting taxation and penalties. Penalties for income tax misreporting have been raised to 100% of the tax amount, and non-disclosure of movable assets now attracts…
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Union Budget 2026-27 has introduced significant customs duty rationalization measures aimed at boosting India's exports and domestic manufacturing. By removing basic customs duty on capital goods and strategic inputs, a…
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Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, prioritizes durable economic growth by focusing on manufacturing, infrastructure, and MSMEs. It emphasizes fiscal discipline and introduces a new debt-to…
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Finance Minister Nirmala Sitharaman presented the Union Budget 2026, keeping income tax rates and slabs unchanged. The budget introduced measures like extended deadlines for revising returns, staggered filing timelines,…
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Finance Minister Nirmala Sitharaman presented the Union Budget 2026, outlining a vision focused on the poor and underprivileged. This budget introduces a three-pronged 'Kartavya' framework to guide policy, emphasizing e…
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Finance Minister Nirmala Sitharaman unveiled a comprehensive industrial plan in the Union Budget 2026-27. This strategy focuses on six key sectors to boost domestic manufacturing and strengthen India's economy. It aims…
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India's Union Budget 2026 proposes establishing rare earth corridors in states like Odisha and Kerala. This strategic move aims to reduce import reliance, particularly on China, and foster a robust domestic rare earth e…
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Finance Minister Nirmala Sitharaman announced India's highest-ever capital expenditure of Rs 12.22 lakh crore for FY27, constituting 4.4% of GDP. This significant investment aims to boost economic growth and infrastruct…
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India's federal Budget 2026 has proposed a substantial $133 billion investment for infrastructure and manufacturing. This strategic allocation aims to bolster economic resilience amidst global uncertainties and stimulat…
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Finance Minister Nirmala Sitharaman announced a significant ₹10,000 crore SME Growth Fund in Budget 2026. This initiative aims to bolster Indian small and medium enterprises, equipping them for global competition and tr…
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The Union Budget 2026-27, presented by Union Finance Minister Nirmala Sitharaman, revealed significant reallocations, notably including drastic cuts in the budgetary provisions for flagship schemes like LPG connections…
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The Union Budget 2026-27 has introduced significant initiatives for high-quality sports goods manufacturing and research, alongside a scheme aimed at reviving 200 industrial clusters. It also prioritizes the textile sec…
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The Union Budget 2026 announced the launch of the second phase of India's Semiconductor Mission (ISM 2.0). This expanded initiative aims to boost domestic production of semiconductor equipment and materials, develop Ind…
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The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, allocates a significant Rs 20,000 crore towards carbon capture and utilisation, emphasizing India's commitment to green initiatives. The budget…
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Budget 2026-27 signals a significant policy shift by focusing on younger Indians' priorities, embracing the creative economy, promoting sustainable tourism, and integrating AI across sectors. This forward-looking budget…
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India's Union Budget 2026 has allocated Rs 20,000 crore to boost Carbon Capture, Utilization, and Storage (CCUS) technology. This crucial initiative aims to decarbonize hard-to-abate sectors like power, steel, cement, a…
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India's Commerce Minister Piyush Goyal announced the finalization of eight Free Trade Agreements (FTAs) covering 37 developed countries, marking a significant stride in India's global trade strategy. This move aims to b…
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The Budget 2026-27 introduces significant infrastructure development initiatives, including an Infrastructure Risk Guarantee Fund to bolster lender confidence and private sector participation. It features an 11% increas…
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India's 'Budget 2026' has placed a renewed emphasis on boosting the manufacturing sector to sustain economic growth. This strategic move aims to significantly increase manufacturing's contribution to the nation's GDP an…
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