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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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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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Union Budget 2026 reiterates the government's strong commitment to its privatisation drive and disinvestment program, aiming to raise ₹47,000 crore in FY26. The focus has shifted from mere targets to enhancing public se…
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Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27, unveiling significant proposals for Tamil Nadu. These include establishing rare earth mineral corridors in four states and planning seven hig…
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Finance Minister Nirmala Sitharaman launched the 'Biopharma Shakti' initiative during the Union Budget 2026, allocating Rs 10,000 crore over five years. This significant investment aims to bolster India's domestic produ…
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The Union Budget 2026-27 prioritizes high-value agriculture and technology to significantly boost farm incomes, especially for smallholders. This strategic shift includes diversification into high-value crops like cocon…
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Finance Minister Nirmala Sitharaman announced a Rs 40,000 crore outlay for the Electronics Production Linked Incentive (PLI) scheme in Budget 2026, specifically for FY 2026-27. This significant initiative aims to bolste…
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The Union Budget 2026-27 announced significant customs reforms, including the waiver of customs duty on 17 cancer drugs to enhance affordability and access to critical medicines. It also eased personal baggage rules, re…
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Finance Minister Nirmala Sitharaman proposed a one-time measure allowing Special Economic Zone (SEZ) manufacturing units to sell products to the domestic market at concessional duty rates. This policy aims to address ca…
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The Union Budget 2026 announced the establishment of India's second national mental health institute and an expansion of trauma care facilities. This significant policy decision addresses the critical lack of mental hea…
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The Union Budget has been lauded by trade bodies as growth-oriented and sector-enabling for Micro and Small Scale Industries (MSEs). It focuses on balancing capital infusion, infrastructure expansion, and proposing clus…
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The Defence Secretary has indicated a potential 20% increase in India's defence budget for Fiscal Year 2027. This significant proposed hike aims to bolster operational readiness and enhance self-reliance amidst prevaili…
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Morgan Stanley forecasts India's nominal GDP growth at 10% for FY27, driven by the Union Budget 2026-27. The budget is seen balancing fiscal consolidation with growth support, focusing on capital expenditure. This strat…
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The Union Budget 2026 significantly boosts traditional wellness systems like Ayurveda and Yoga. It proposes training 1.5 lakh caregivers for these services and establishing three new Ayurveda institutes. Additionally, t…
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The Union Budget 2026 proposes a significant change to Sovereign Gold Bonds (SGBs) taxation, effective April 1. Capital gains tax exemption will now only apply to SGBs purchased directly from the RBI and held until matu…
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Finance Minister Nirmala Sitharaman's Budget 2026 focuses on boosting India's services sector. A new committee will be established to identify growth areas and analyze technology's impact on employment. This strategic m…
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Finance Minister Nirmala Sitharaman announced an increase in Tax Collected at Source (TCS) on coal and lignite sales from 1% to 2% in the Union Budget 2026. This policy adjustment aims to simplify tax collection process…
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The Union Budget 2026-27 has significantly increased funding for pollution control initiatives, demonstrating a strong commitment to environmental protection and a green transition. This boost in allocation targets key…
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Finance Minister Nirmala Sitharaman has proposed simplifying Provident Fund (PF) trust rules by eliminating parity- and percentage-based limits on employer contributions. This significant policy change aims to ease comp…
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The Union Budget 2026-27 has significantly increased allocations for the livestock and fisheries sectors by 26.7%, indicating a strategic policy shift. This substantial investment is crucial as these sectors are project…
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Finance Minister Nirmala Sitharaman, in Union Budget 2026-27, announced new support for the 'Orange Economy'. This initiative focuses on boosting the Animation, Visual Effects, Gaming, and Comics (AVGC) sector by establ…
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Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.3% of GDP for the financial year 2026-27 (FY27) during the Union Budget presentation. This crucial economic policy decision reflects the governm…
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The Union Budget FY27 has introduced significant tax norm relaxations for the IT and software export sectors. These measures, including expanded safe harbour limits, simplified transfer pricing, and improved buyback tax…
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The Union Budget 2026-27 has introduced a monetary incentive to encourage the issuance of municipal bonds. This central government initiative aims to promote high-value municipal bond issuances, thereby bolstering urban…
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The Union Budget 2026-27 has significantly increased funding for India's skilling initiatives, allocating over Rs 9,800 crore to the Ministry of Skill Development and Entrepreneurship. This substantial boost aims to mod…
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