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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: 8 February 2026.
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India is actively diversifying its energy sources by procuring crude oil, LNG, and LPG from the United States, a move Union Minister Piyush Goyal emphasized as being in India's strategic interests. This strategy aims to…
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The US President lifted a 25% tariff on Indian goods, fulfilling a trade deal contingent on India ceasing Russian oil imports. This move signifies a rebalancing of trade relations and a strategic shift in energy procure…
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The Indian tax authorities are seeking to invoke the General Anti-Avoidance Rule (GAAR) against global quantitative trading firm Jane Street. This move suggests that profits earned by Jane Street during a period reviewe…
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Union Finance Minister Nirmala Sitharaman welcomed an interim trade deal between India and the United States, signifying a commitment to stronger bilateral economic ties. This 'framework for an Interim Agreement' is a c…
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India and the United States have signed a significant trade deal aimed at easing market access and reducing trade barriers. This agreement will expand cooperation in advanced technologies, including GPUs, and benefit In…
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India and the United States have finalized an interim trade agreement framework aimed at boosting bilateral trade. This deal is expected to increase Indian exports, create jobs, and safeguard farmers' interests. It invo…
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India and the US have formalized an interim trade framework, significantly improving Indian market access for crucial sectors including pharmaceuticals, gems, diamonds, and aircraft parts. This reciprocal agreement is d…
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The United States and India have established a framework for an Interim Trade Agreement, aiming to reduce tariffs and address non-tariff barriers. This initiative is a step towards a broader Bilateral Trade Agreement an…
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Union Commerce Minister Piyush Goyal announced that India will not offer duty concessions on sensitive agricultural products, including dairy, fruits, vegetables, spices, and grains, under a trade agreement framework wi…
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India's new Free Trade Agreement (FTA) with the European Union (EU), as analyzed by ICRA, is projected to significantly boost exports across key Indian sectors. By eliminating tariffs on most goods, the pact aims to enh…
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The Union Budget's effective infrastructure spending significantly outpaced its headline capital expenditure, rising 18% year-on-year. This comprehensive push, driven by defence, transport, housing, and water sectors, i…
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India and the United States have agreed on a framework for an interim trade deal, with agriculture placed at the forefront. This agreement aims to provide greater market access for US farm products in India, while simul…
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India and the US have finalized an interim trade agreement, specifically focusing on electronics and intellectual property. This deal is designed to significantly boost trade in advanced technology products, such as GPU…
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Former G20 Sherpa Amitabh Kant stated that an interim trade agreement between India and the US is crucial. This deal aims to significantly boost Indian exports by reducing tariffs from 50% to 18%, enhancing India's comp…
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India and the United States have successfully concluded an interim trade deal, marking a significant step towards strengthening bilateral economic ties. This agreement involves India reducing tariffs on various US food…
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India has secured zero-duty access for various exports to the United States, marking a significant interim trade deal. This agreement primarily benefits India's agriculture, pharmaceutical, and manufactured goods sector…
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India and the US have announced a framework for the first phase of a bilateral trade agreement. This pact aims to reduce or eliminate import duties on various goods, including US wines, spirits, and dry fruits, thereby…
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India has secured duty-free access for specific aircraft and aircraft parts from the United States, alongside preferential tariff rates for auto parts and negotiated outcomes on generic pharmaceuticals and ingredients.…
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India and the US have established a framework for an interim trade agreement, signaling a significant step towards economic cooperation. This pact aims to boost bilateral trade by reducing import duties on various goods…
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India and the US have announced an interim agreement framework aimed at integrating Micro, Small, and Medium Enterprises (MSMEs) into global value chains. Finance Minister Nirmala Sitharaman highlighted that this framew…
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India's National Stock Exchange (NSE) has approved a new unit to establish a national coal trading platform. This initiative aims to enable electronic trading of physical coal through standardized contracts, addressing…
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A significant trade deal framework has been announced between India and the United States, aimed at reducing trade barriers and tariffs. This agreement seeks to open India's market to American products, marking a new er…
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India and the United States have agreed to an interim trade framework, marking a significant development in bilateral economic relations. This deal is crucial as India successfully safeguarded its sensitive agriculture…
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The Dow Jones Industrial Average (DJIA) achieved a historic milestone by surpassing the 50,000 level for the first time, closing up 2.47%. This event signifies a broader market rally, driven by investor diversification…
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