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Prelims

Customs Duty Reforms in Union Budget 2026–27: Understanding Basic Customs Duty (BCD)

03-Feb-2026

The Union Budget 2026–27 has proposed a complete exemption from Basic Customs Duty (BCD) on 17 cancer-related drugs and medicines, providing immediate financial relief to patients suffering from cancer and rare diseases and signalling a policy shift towards healthcare affordability.

Capital Market Tax Changes: Understanding Securities Transaction Tax (STT)

03-Feb-2026

The Finance Minister has proposed a sharp increase—by up to 150%—in the Securities Transaction Tax (STT) on both futures and options (F&O) trading. This move is aimed at curbing excessive speculation, improving market stability, and boosting government revenues from capital market activity.

Bharat-VISTAAR: AI-Powered Digital Backbone for Smart Agriculture

03-Feb-2026

The Union Finance Minister has proposed the launch of Bharat-VISTAAR, a new digital tool for the agriculture sector, aimed at transforming farm advisory services through artificial intelligence (AI) and integrated data systems.

El Niño Explained: The Climate Phenomenon Shaping Global and Indian Weather

02-Feb-2026

The Director-General of the India Meteorological Department (IMD) has indicated that there is a possibility of El Niño developing after July this year, though clearer signals are expected to emerge by April. This has drawn attention to a climate phenomenon that significantly influences global weather patterns and India’s monsoon.

Exercise Agni Pariksha: Strengthening Army–ITBP Combat Synergy in High-Altitude Terrain

02-Feb-2026

The Indian Army and the Indo-Tibetan Border Police (ITBP) recently conducted a joint exercise named Agni Pariksha in Arunachal Pradesh to enhance inter-force combat coordination, operational integration, and preparedness in high-altitude and border-area scenarios.

Living Root Bridges

02-Feb-2026

India has submitted a proposal to UNESCO for the inclusion of Meghalaya's famous Living Root Bridges on the World Heritage List.

Autism Treatment and Stem Cell Therapy

02-Feb-2026

In a significant decision, the Supreme Court clarified that stem cell therapy for the treatment of autism spectrum disorder (ASD) cannot be offered as a routine medical service. According to the Court, it should be limited to duly approved and monitored clinical trials or research settings.

Union Budget 2026: Rethinking Priorities for Urban India’s Growth

02-Feb-2026

The Union Budget 2026 has reduced central allocations for urban development by 11.6%, triggering debate over the government’s commitment to India’s cities at a time of rapid urbanisation, infrastructure stress, and climate vulnerability.

India’s New Fiscal Anchor: From Deficit Targets to Debt Sustainability

02-Feb-2026

As the Finance Minister prepares to present her ninth consecutive Union Budget, India’s fiscal framework is set for a structural shift. From FY 2026–27, the Centre will transition its fiscal consolidation anchor from the annual fiscal deficit to the debt-to-GDP ratio, aligning India’s fiscal strategy with global best practices.

PM-POSHAN Scheme: Strengthening School Nutrition and Support Staff Welfare

02-Feb-2026

Recently, 22 States and Union Territories that responded to the Ministry of Education’s call for feedback on the PM-POSHAN scheme have urged the Centre to increase the honorarium for cooks and helpers, highlighting concerns over low remuneration and workforce sustainability in one of India’s largest school nutrition programmes.

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