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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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Finance Minister Nirmala Sitharaman attributed the Indian rupee's recent fall to global uncertainty and hinted at 'hidden forces,' while asserting India's strong domestic fundamentals. This statement highlights the comp…
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Radhika Gupta, CEO of Edelweiss Mutual Fund, has highlighted market caution ahead of India's Union Budget 2026, citing global uncertainties and tariff threats. She anticipates the budget will focus on curbing capital ou…
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The Union Budget 2026 has been criticized by experts for doing little to reduce out-of-pocket medical expenses and curb medical inflation, despite a welcome move to exempt 17 cancer medicines from basic customs duty. Ex…
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The Union Budget 2026-27 has introduced a relaxation of import duties on inputs for the leather, marine (seafood), and footwear sectors. This policy aims to provide crucial support to these export-oriented industries, w…
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The Finance Minister unveiled key initiatives under Budget 2026 aimed at bolstering rural economies. These plans focus on enhancing livestock, fisheries, and high-value agriculture sectors. Significant proposals include…
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The Union Budget 2026-27 proposes a ₹500 crore special package specifically for the families of former ULFA members. This significant initiative aims to accelerate development and create employment opportunities in the…
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SEBI chief Tuhin Kanta Pandey urged financial sector stakeholders to prioritize professional conscience and ethical substance beyond mere technical compliance. This emphasis aims to prevent corporate failures by fosteri…
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A proposed share buyback framework aims to benefit small shareholders by introducing an additional buyback tax on promoters. This measure is designed to discourage the misuse of tax arbitrage, raising effective tax rate…
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The Union Housing and Urban Affairs Ministry has been allocated Rs 85,522.39 crore in the Union Budget, marking a significant investment in urban development. The PM SVANidhi scheme, crucial for street vendors, saw a 57…
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PSU bank stocks, including SBI and Canara Bank, tumbled by up to 9% in a special Sunday session after the Union Budget 2026. This decline was triggered by fears that the government's record borrowing plan would lead to…
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Budget 2026-27 reassured bond markets by emphasizing fiscal discipline and reform continuity. However, higher-than-expected gross borrowing could pressure near-term bond yields, with investors awaiting RBI's liquidity g…
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The AYUSH Ministry's budget for the upcoming fiscal year has received a significant 20% increase. This allocation aims to bolster traditional medicine by establishing three new All India Institutes of Ayurveda to enhanc…
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The Union Budget 2026-27 has allocated over Rs 2,000 crore to the National Capital Region Transport Corporation (NCRTC) for the Regional Rapid Transit System (RRTS) project, marking an approximate 25% decrease from prev…
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The Indian government is set to launch 'Bharat-VISTAAR', a multilingual AI tool designed for the agriculture sector. This initiative aims to integrate existing agricultural portals and ICAR practices to provide farmers…
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The Centre projects a significant Rs 3.16 lakh crore in dividends from the RBI, nationalised banks, and financial institutions for the fiscal year 2026-27, marking a 3.75% increase. This, along with an expected Rs 75,00…
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Union Budget 2026 proposes a threefold increase in duty-free import limits for processing inputs for seafood. This strategic move aims to significantly lower production costs for exporters, thereby boosting India's valu…
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The Union Budget 2026-27 has allocated over Rs 1471 crore for enhancing India's forensic capabilities, crucial for modern crime investigation and justice delivery. This significant funding, managed under the Ministry of…
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Market veteran Sunil Singhania observed that despite the Union Budget's growth-oriented allocations to sectors like railways, defense, and infrastructure, frequent changes to Securities Transaction Tax (STT) and capital…
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The Union Budget 2026-27 will be presented by Finance Minister Nirmala Sitharaman on February 1, 2026. The budget document has a long and interesting history, with changes like the shift from 'Bahi Khata' to 'Blue Sheet…
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The Union Budget 2026-27 has increased funding for government housing initiatives, particularly the Pradhan Mantri Awas Yojana schemes, to address housing needs across rural and urban areas. However, the affordable hous…
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Finance Minister Nirmala Sitharaman has allocated Rs 1,342 crore for Mission Mausam in the Union Budget, significantly boosting India's weather forecasting capabilities. This initiative, under the Ministry of Earth Scie…
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The Union Budget for 2026-27 has allocated Rs 3,400 crore to the Ministry of Minority Affairs, marking an increase from the previous year. This significant allocation underscores the government's focus on inclusive deve…
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Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu criticized the Union Budget, stating that it overlooked the concerns and priorities of the state. He also raised serious concerns regarding the recently tabled 16th…
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Moody's Ratings has described India's Union Budget 2023-24 as 'tactical' rather than a 'breakthrough', stating that the planned fiscal consolidation will not alter the country's credit profile. While the budget aims to…
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