February 1, 2026

Iran in Serious Talks with US as Military Tensions Rise, Trump Says

President Trump confirmed Iran and the US are in serious discussions amid a US military buildup in the Gulf. Iran warns of strong response to any attack as protests rage.

February 1, 2026

Customs Duty Exemptions Extended for Lithium-ion Cell Manufacturing and Biogas Blended CNG in Budget 2026

Finance Minister Nirmala Sitharaman extends customs duty exemptions for capital goods used in lithium-ion cell production and exempts biogas value in blended CNG excise duty. Budget 2026 also plans new industrial and tourism projects.

February 1, 2026

Union Budget 2026: Five Regional Medical Hubs & Ayurveda Institutes to Boost Medical Tourism

Finance Minister Nirmala Sitharaman announces five regional medical hubs with private partners and three new All India Institutes of Ayurveda to strengthen healthcare and traditional medicine in India.

February 1, 2026

Woman Strangled, Domestic Help Found Dead by Suicide in Mico Layout Home

A 65-year-old woman was found strangled at her home in Mico Layout. The domestic help was discovered dead by suicide. Police are investigating the case.

February 1, 2026

FM Sitharaman Eases Duty Rules for SEZ Manufacturing Sales to Domestic Market in 2026 Budget

Finance Minister Nirmala Sitharaman proposed a one-time concessional duty scheme for Special Economic Zone units to sell products domestically. This move aims to ease capacity use and boost exports.

February 1, 2026

FM Nirmala Sitharaman Proposes ₹100 Crore Boost for Big Municipal Bonds in Budget 2026

In Budget 2026, Finance Minister Nirmala Sitharaman offers ₹100 crore incentives for municipal bonds over ₹1,000 crore. Plans to restructure REC and PFC announced, plus a new banking committee.

February 1, 2026

Telangana Govt Awards ₹1 Crore to Family of Constable Gajula Sowmya Who Died Fighting Ganja Smugglers

Telangana Government announced ₹1 crore ex-gratia for Prohibition and Excise constable Gajula Sowmya, who died after fighting ganja smugglers. A govt job has been promised to her brother, and her salary will be paid till retirement.

February 1, 2026

US Judge Orders Release of 5-Year-Old and Father from ICE Detention in Texas

A US judge has ordered the release of five-year-old Liam Conejo Ramos and his father from a Texas detention center following national outrage. The judge condemned the immigration system's harsh practices as cruel and chaotic.

February 1, 2026

US, EU, UK, Japan and Allies Meet in Washington to Strengthen Critical Minerals Alliance Against China

Ministers from the US, EU, UK, Japan, Australia and New Zealand gather in Washington to build a strategic alliance on critical minerals. The talks aim to reduce reliance on China, create supply chain security, and push price and investment support.

February 1, 2026

FM Proposes Cut in TCS to 2% for Education, Medical, and Overseas Tours

Finance Minister Nirmala Sitharaman suggests lowering Tax Collected at Source (TCS) to 2% from 5% for education, medical value, and overseas tours. The new rate aims to ease remittances under the Liberalised Remittance Scheme (LRS).