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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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A report alleges four Lashkar-e-Taiba operatives traveled from Karachi to Dhaka on Biman flight BG-342, raising security concerns amid resumed Bangladesh-Pakistan flights. Critics warn of lax border controls, state tolerance for militants, and potential threats to India’s eastern frontier
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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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The Telangana Integrated Command and Control Centre said the temporary DIAL-112 call centre set up at the Medaram Jatara handled over 500 emergency calls, ensuring swift response, effective coordination and enhanced public safety during the festival.
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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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Security forces in Kishtwar, Jammu and Kashmir, resumed cordon-and-search operations to track three Jaish-e-Mohammad terrorists after a gunbattle. Aerial surveillance, sniffer dogs, and heightened vigilance continue amid snowbound terrain, with mobile internet suspended and prior encounters reported
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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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US President Donald Trump claimed India will buy Venezuelan oil instead of Iranian supplies, suggesting a shift in global energy flows and inviting China to participate. New Delhi has not confirmed the deal, and details on timelines or volumes remain unclear
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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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BRS cadres staged protests across the erstwhile Adilabad district against the SIT issuing notices to former Chief Minister K. Chandrashekhar Rao in the phone-tapping case, with road blockades, effigy burnings and the detention of a former minister.
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BRS activists staged protests across the erstwhile Karimnagar district against the SIT issuing notices to party president K. Chandrashekhar Rao, burning effigies and alleging deliberate harassment of the former Chief Minister.
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Protests erupted across Siddipet district after the SIT summoned former Chief Minister K. Chandrashekhar Rao, with BRS cadres and villagers staging demonstrations and burning effigies while accusing the Congress government of political vendetta.
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Protests erupted across Telangana as BRS cadres demonstrated against the SIT summoning party president and former Chief Minister K. Chandrashekhar Rao in the alleged phone-tapping case, alleging political vendetta by the Congress government.
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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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NASA’s Perseverance rover has successfully completed its first Mars drives planned entirely by artificial intelligence, marking a major step in autonomous space exploration and showcasing how generative AI can safely navigate complex extraterrestrial terrain.
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A tiger attacked and killed a calf at Gandamalla village on Yadadri Bhuvanagiri–Siddipet border. Forest officials confirmed pug marks, tracked movement toward Chakkalgudem forest, and warned villagers as the tiger continues roaming nearby areas
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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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Hyderabad police tightened security at BRS chief K Chandrasekhar Rao’s Nandinagar residence ahead of SIT visit in phone tapping case. Heavy forces deployed, roads barricaded, traffic restricted, and security enhanced citywide amid anticipated protests by BRS workers
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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.
