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Home Archive February 03, 2026

February 03, 2026

26 articles published on this date

03

India–US trade deal announced | Uncertainty over for global capital, China+1 strategy back in game: CEA

Following the announcement of the India-US interim trade deal, India's Chief Economic Adviser (CEA) V. Anantha Nageswaran declared that "uncertainty is over ...

GS2 (International Relations India-US) GS3 (Indian Economy Industrial Policy FDI) International Relations Economics 5m
03

Cash transfers now take 20% of state subsidies — 16th finance panel sounds alarm, seeks exit clauses

The 16th Finance Commission's report flagged that large-group unconditional cash transfers now constitute 20.2% of total state subsidy expenditure (2025-26 B...

GS2 (Governance Welfare Schemes) GS3 (Indian Economy Fiscal Policy Subsidies) Polity & Governance Economics 5m
03

From calling India ‘tariff king’ to 25% extra duty for Russian oil, Trump finally fixed the tariff at 18%, one of the lowest

An analytical account traces the arc of Trump's tariff posture toward India: from publicly calling India a "tariff king" and threatening punitive measures, t...

GS2 (International Relations India-US) GS3 (Indian Economy Trade Policy) International Relations Economics 5m
03

FC bats for discom privatisation, debt clean-up via SPVs

The 16th Finance Commission, chaired by Arvind Panagariya, has recommended that states actively pursue privatisation of electricity distribution companies (D...

GS2 (Governance Constitutional Bodies) GS3 (Indian Economy Infrastructure) Polity & Governance Economics 5m
03

Jumping hurdles: How India managed to diversify exports in the face of US tariffs

Despite facing a 25% U.S. reciprocal tariff since mid-2025 — which caused US-bound Indian exports to fall 28.5% between May and October 2025 — India's overal...

GS3 (Economy External Sector Trade Policy) Economics International Relations 6m
03

US agriculture secretary signals more exports to India, fuelling import concerns

Following the India-US interim trade deal, the US Agriculture Secretary stated that American farm products have gained fresh market access in India, calling ...

GS3 (Agriculture Trade Policy Food Security) GS2 (India-US Relations) Economics International Relations 4m
03

US trade deal: Farmers secure, agriculture and dairy interests protected, says Piyush Goyal

Commerce Minister Piyush Goyal stated in Parliament and at public events that India's agriculture and dairy sectors have been fully protected in the framewor...

GS2 (International Relations) GS3 (Trade Economy) Economics International Relations 5m
03

Mumbai-Ahmedabad Bullet Train Project: Indian Railways achieves second mountain tunnel breakthrough in Palghar

On February 3, 2026, National High Speed Rail Corporation Limited (NHSRCL) achieved a breakthrough in the second mountain tunnel (MT-6) on the Mumbai-Ahmedab...

GS3 (Infrastructure Science & Technology Indian Economy) Economics Science & Technology 5m
03

India ‘commits’ to $100 bn/year US imports for 5 years; energy, aircraft parts, tech to dominate

As part of the India-US interim trade framework announced on February 6, 2026, India expressed intent to purchase approximately $500 billion worth of US good...

GS Paper 2 (India-US Relations) GS Paper 3 (Energy Policy Trade) International Relations Economics 5m
03

Decode Politics: RTI journey — From ‘dawn of a new era’ to fears of ‘tool for idle curiosity’

A long-form political analysis examined the trajectory of the Right to Information (RTI) Act, 2005 — two decades after its enactment — charting its evolution...

GS Paper 2 Polity & Governance 7m
03

Decode Politics: How and why Manipur finally moved back towards an elected govt

On February 4, 2026, Manipur ended nearly a year under President's Rule with the swearing-in of BJP leader Yumnam Khemchand Singh as Chief Minister, accompan...

GS Paper 2 and GS Paper 3 Polity & Governance 6m
03

Finance Commission strikes a balance – addresses southern states’ concerns, and equity

The 16th Finance Commission released its report (covering 2026-31), introducing a revised horizontal devolution formula that addresses the long-standing grie...

GS2 (Federalism Centre-State Relations) GS3 (Indian Economy) Polity & Governance Economics 4m
03

India-US agree on a big deal, it marks a welcome shift to freer trade, a domestic reform agenda awaits

India and the United States announced a framework for an Interim Trade Agreement on February 3, 2026, following Prime Minister Modi's visit to Washington. Th...

GS2 (India-US Relations International Organisations) GS3 (Trade Policy Indian Economy) International Relations Economics 4m
03

Expert Explains: What 2026 Delhi Declaration tells about India’s approach to the Middle East

The Second India-Arab Foreign Ministers' Meeting was held on January 31, 2026, co-chaired by India's External Affairs Minister S. Jaishankar and the UAE's Fo...

GS2 (India's Foreign Policy International Relations) GS3 (Trade Policy) International Relations 3m
03

India-US trade deal: How Indian exports diversified in the face of US tariffs, which sectors struggled

Faced with escalating US tariffs — rising to 25% under the Trump administration's "reciprocal tariff" framework and as high as 50% on some Indian goods (stee...

GS3 (Economy) GS2 (International Relations) Economics International Relations 5m
03

India’s rocky road to trade deal with US: The flip-flops, political pitfalls

India and the United States have been locked in protracted trade negotiations, with a framework for an interim Bilateral Trade Agreement (BTA) announced by P...

GS Paper 2 (India's Foreign Policy India-US Relations) GS Paper 3 (Indian Economy Trade) International Relations Economics 5m
03

India-US trade deal may have a $100-bn opportunity for India’s electronics exports. Here’s why

India and the United States agreed on a trade framework announced in February 2026 following a telephonic conversation between PM Modi and US President Trump...

GS3 (Indian Economy — Trade Manufacturing) GS2 (India-US Relations) Economics International Relations 4m
03

How does the trade deal with the US affect India’s macroeconomic outlook?

The India-US interim trade framework announced in February 2026 has significant implications for India's broader macroeconomic picture, particularly its curr...

GS Paper 3 (Indian Economy Trade Policy Balance of Payments) Economics International Relations 4m
03

US farm exports to India have been surging even with no trade deal

US agricultural exports to India surged significantly in the period leading up to and during the India-US trade negotiations of 2025–26, even in the absence ...

GS3 (Economy) GS2 (International Relations) Economics International Relations 5m
03

A cautious nudge: On the 16th Finance Commission’s recommendations

The 16th Finance Commission, chaired by Dr. Arvind Panagariya, submitted its report on February 1, 2026, covering the period 2026-27 to 2030-31. The Commissi...

GS2 (Federalism Devolution) GS3 (Indian Economy Fiscal Policy) Polity & Governance Economics 4m
03

A full stop: On the top court, the right to menstrual health and hygiene

On January 30, 2026, the Supreme Court of India held that the right to menstrual health and hygiene is an integral part of the right to life and dignity unde...

GS2 (Polity Governance Social Justice) Polity & Governance Social Issues 5m
03

Hope and uncertainty as India and US strike long-delayed trade deal

The United States and India announced a framework for an interim trade agreement on February 6, 2026, following PM Modi's visit to Washington during which a ...

GS Paper 2 (India-US Relations) GS Paper 3 (Indian Economy Trade Policy) International Relations Economics 4m
03

Adani Defence teams up with Italy’s Leonardo to tap India’s mega helicopter market

Adani Defence & Aerospace signed a Memorandum of Understanding (MoU) with Italy's Leonardo on February 3, 2026, establishing a strategic partnership to devel...

GS Paper 3 Internal Security 6m
03

Hillock butchered, HC tears into Haryana govt for ‘environmental plunder’ at Charkhi Dadri mine

A Division Bench of the Punjab and Haryana High Court severely criticised the Haryana government over the destruction of a hillock due to alleged illegal sto...

GS Paper 2 GS Paper 3 Environment & Ecology Polity & Governance 6m
03

When Shanti means nuclear energy

The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act received Presidential assent in December 2025 after passing ...

GS3 (Science & Technology Energy Security) GS2 (International Relations) Science & Technology International Relations 5m
03

Defence budget through the years: Big leap for 2026-27, but what numbers since 1999 reveal

The Union Budget 2026-27 allocated Rs 7.85 lakh crore to the Ministry of Defence — the highest-ever allocation, representing a 15.19% jump over the previous ...

GS2 (Government Policies) GS3 (Internal Security Economy) Internal Security Economics 5m
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