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Indian markets saw sharp intra-day falls after Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27. Sensex dropped over 2,300 points, Nifty over 600, as investors remained cautious amid limited tax relief and awaited sectoral and fiscal policy announcements
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Finance Minister Nirmala Sitharaman proposed a high-level Banking Committee for Viksit Bharat, restructuring key financial institutions, reviewing FEMA rules, promoting corporate and municipal bonds, and easing foreign investment limits to strengthen India’s banking sector and boost ease of doing business
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The Income Tax Act, 2025, will come into force from April 1, replacing the 1961 law. The revenue-neutral legislation simplifies tax rules, reduces litigation, introduces a single tax-year system, and eases compliance through redesigned return forms.
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The Union Budget 2026–27 proposed a Rs 10,000 crore Bio Pharma Shakti scheme to boost biologics and biosimilars, alongside allied health job creation, caregiver training, healthcare infrastructure expansion and continued reforms to support growth and inclusion.
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Union Finance Minister Nirmala Sitharaman proposed setting up five regional medical hubs to promote medical tourism, alongside new Ayurveda institutes, upgraded Ayush facilities and expanded allied health training, while presenting the Union Budget 2026–27.
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Finance Minister Nirmala Sitharaman proposed seven high-speed rail corridors linking major Indian cities, promoting regional growth, faster travel, and lower emissions. She also outlined banking reforms, foreign investment modernization, and an integrated textile programme under the Union Budget 2026-27
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Presenting the Union Budget 2026–27, Finance Minister Nirmala Sitharaman outlined three ‘Kartavyas’ aimed at accelerating economic growth, fulfilling people’s aspirations and ensuring inclusive access to resources, while signalling continued reforms and higher capital expenditure.
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Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in Lok Sabha, outlining tax devolution between Centre and states for 2026–2031. Headed by Arvind Panagariya, the panel proposes formulas guiding Centre–state fiscal relations
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Fresh snowfall hit higher reaches of Kashmir while rains lashed plains as night temperatures rose above freezing in several areas, including Srinagar. Gulmarg remained coldest. Weather to stay cloudy with more rain or snow likely during Chillai Khurd period
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Sensex and Nifty traded higher in early deals ahead of the Union Budget 2026–27. Sensex rose over 272 points and Nifty gained nearly 67 points amid volatility expectations, stock-specific action, and strong foreign institutional investor inflows
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Gold and silver prices plunged sharply as investors booked profits after a historic rally. MCX gold fell over 7% and silver 9%, pressured by higher CME margins, a stronger dollar, and Budget-related expectations, triggering panic unwinding and short-term bearish trends
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Finance Minister Nirmala Sitharaman carried Union Budget documents on a digital tablet in a red bahi-khata, symbolising tradition and technology. Continuing the paperless Budget, she reaffirmed the shift from colonial symbols while engaging students during Budget 2026–27 presentation
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Commercial LPG cylinder prices rose Rs 49 from February 1, lifting 19-kg rates across metros. Delhi hits Rs 1,740.50; Chennai costliest. Domestic LPG unchanged. Monthly revision may raise business costs, impacting food, hospitality, and consumer prices nationwide overall operations soon
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Unidentified assailants fired multiple rounds outside filmmaker Rohit Shetty’s Juhu residence early Sunday. No injuries were reported. Mumbai police and crime branch teams are probing the incident, examining CCTV footage and forensic evidence.
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Three Army soldiers were injured during a fresh encounter in Dolgam village of Kishtwar district, Jammu and Kashmir, as joint forces resumed Operation Trashi-I against Jaish-e-Mohammad militants. Authorities confirmed that two to three terrorists are trapped inside the cordon.
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Delhi Capitals face UP Warriorz in a must-win Women’s Premier League clash in Vadodara. A victory will secure them an Eliminator spot against Gujarat Giants, while a Warriorz win could bring Mumbai Indians back into contention through net run rate
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India’s Manish Suresh Kumar defeated USA’s Keshav Chopra 7-6 (4), 6-4 to enter the singles final of the ITF Men’s World Tennis Tour in Hyderabad. Thailand’s Pawit Sornlaksup also advanced, beating Timofei Derepasko in a three-set semifinal
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Hyderabad registered a three-wicket win over Uttarakhand in a senior women’s one-day practice match in Hyderabad. Sandhya Gora top-scored with 98 runs as Hyderabad chased down Uttarakhand’s 232/7 in 38.2 overs to finish at 233/7
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Angkrish Raghuvanshi (120) and Suryansh Shedge (110 batting) struck centuries to guide Mumbai to 259/5 in reply to Hyderabad’s 334 on the second day of the Col C K Nayudu Trophy in Mumbai, keeping the contest evenly balanced
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India began their SAFF U19 Women’s Championship 2026 campaign with a 1-0 win over hosts Nepal in Pokhara. Pearl Fernandes scored in the 49th minute, giving India a strong start as they prepare for the AFC U17 Asian Cup later this year
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Ishan Kishan’s maiden T20I hundred and Arshdeep Singh’s five-wicket haul guided India to a 46-run win over New Zealand in Thiruvananthapuram, sealing the series 4-1 and boosting preparations ahead of the upcoming ICC T20 World Cup
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India has strongly rejected references to Prime Minister Narendra Modi in the investigative files related to Jeffrey Epstein, calling them baseless and contemptible.
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Vanishing sparrows, altered migrations, and deformed birds are Earth’s warning signals — nature’s whistle-blowers telling us ecosystems are under siege today globally
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India’s Ketan Chawla began his Asian Snooker Championships campaign with a 4-2 win over Qatar’s Mohanna Alobaidli in Doha. Laxman Rawat, however, lost a close 3-4 contest to Iran’s Shahin Sabzi in Group J
