February 3, 2026

RBA Hikes Interest Rate to 3.85% to Cool Hot Economy Amid Public Squeeze

The Reserve Bank of Australia raised rates from 3.6% to 3.85%, aiming to slow demand and inflation. Governor Michele Bullock calls it an 'adjustment,' not a start of new hikes. Many Australians feel the squeeze, with rising costs hitting households unevenly.

February 3, 2026

India-US Trade Deal Boosts Sensex by 5%, Nifty Nears 26,341 on Tariff Cut

Sensex soared over 4,200 points and Nifty jumped nearly 1,253 points after the India-US trade deal slashed tariffs to 18%. Textile and leather stocks surged up to 20%, pushing market optimism high.

February 3, 2026

DAY NRLM Empowers 10 Crore Rural Households; Focus on Strengthening Women-led Groups

DAY NRLM has mobilised 10 crore households into SHGs, mobilising ₹11 lakh crore credit with low NPAs. The govt plans to empower Cluster-Level Federations and boost women entrepreneurship under the 2026-31 cycle.

February 3, 2026

Australia’s RBA Hikes Interest Rates to 3.85% Amid Rising Inflation

Australia's Reserve Bank raised interest rates for the first time in over two years to 3.85%. The move aims to curb rising inflation, increasing monthly mortgage payments by $90 for a $600,000 loan. Inflation is expected to stay above target through mid-2025, tightening the cost-of-living for many Australians.

February 2, 2026

Greater Bengaluru Authority to Auction Properties of 7,000 Defaulters Over ₹437 Crore Tax Dues

The Greater Bengaluru Authority will auction properties of 7,000 owners across five corporations on February 17 for unpaid property tax dues totaling over ₹437 crore. Defaulters have been given a last chance to pay dues online and avoid the sale.