Monthly Current Affairs Booster - February 2026
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BUDGET 2026 HIGHLIGHTS - Specially made for SSC IBPS Exams (PDF)
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EduTips Daily CA Bullet Points (03 February 2026)
1) 🇮🇳National LNG-Diesel DEMU Train: Indian Railways has successfully launched India's first-ever Liquefied Natural Gas (LNG)-diesel dual-fuel DEMU train in Ahmedabad. This technology enables up to 40% diesel substitution, saving nearly ₹23.9 lakh annually per 8-coach train. Veterinary Workforce Expansion: As part of the post-Budget strategy, the government has set a landmark target to add 20,000+ veterinary professionals and incentivize the private sector to establish diagnostic labs and breeding centres. Rare Earth Corridors: Four states—Odisha, Kerala, Andhra Pradesh, and Tamil Nadu—have been selected to establish dedicated Rare Earth Corridors to promote the mining and processing of critical minerals. NIMHANS 2.0: To strengthen mental health infrastructure, the government announced the launch of NIMHANS 2.0, expanding specialized care access across regional hubs. 2) 🌍International India-US Trade Deal: In a historic move, Washington has reduced tariffs on Indian goods to 18%. Industry experts have hailed this as a "win-win" agreement that will significantly strengthen India’s position in global trade. India-EU FTA: The "mother of all deals" between India and the European Union has reached a crucial stage. It is expected to eliminate import duties on Indian textiles, providing a massive boost to the apparel sector. G7 Summit 2026: France has been confirmed as the host for the 52nd G7 Summit later this year, where India is expected to participate as a key invited partner. 3) 💰Economy Union Budget 2026-27: Finance Minister Nirmala Sitharaman presented a ₹53.5 lakh crore budget. Key fiscal highlights include: Fiscal Deficit Target: Pegged at 4.3% of GDP for FY27. Capex Outlay: Raised by 9% to a record ₹12.2 lakh crore to drive infrastructure-led growth. Income Tax Act 2025: A new revamped Income Tax Act will come into effect from April 1, 2026. Sunday Trading Milestone: For the first time, Indian stock exchanges (NSE/BSE) conducted a full live trading session on a Sunday to coincide with the Budget presentation. 4) 🗓️Date’s importance First "Mark Twain" Report (1863): On this day in 1863, Samuel Clemens used the pen name "Mark Twain" for the first time in a newspaper report. 15th Amendment (1870): The 15th Amendment to the US Constitution was ratified on this day, guaranteeing voting rights regardless of race. Soft Landing on Moon (1966): The Soviet Union's Luna 9 became the first spacecraft to achieve a soft landing on the Moon on February 3. 5) 👱♂️👩🦳Person of the day Nirmala Sitharaman: Created a historic record by presenting the Union Budget for the 9th consecutive time, surpassing previous records for female Finance Ministers. Bad Bunny: Made history at the 68th Grammy Awards by winning Album of the Year for "DeBÍ TiRAR MáS FoToS", the first-ever Spanish-language album to win the top prize. 6) 🏅Sports Suryakumar Yadav: The Indian T20I captain climbed five places to reach 7th in the latest ICC Men’s T20I rankings following a prolific series against New Zealand. Australian Open 2026: Carlos Alcaraz is being celebrated as the youngest man in the Open Era to complete a Career Grand Slam after his recent victory in Melbourne. U-19 World Cup: India continues its dominant run in the Super 6 stage, maintaining a top spot in the points table. 7) 🏆Awards 68th Grammy Awards: Album of the Year: Bad Bunny (DeBÍ TiRAR MáS FoToS) Best Rap Album: Kendrick Lamar (GNX) No Wins for India: Despite nominations for Anoushka Shankar and others, India ended the night without a trophy. Gallantry Awards: The President has approved 412 gallantry awards for 2026, including Kirti Chakras for exceptional bravery in counter-insurgency operations. 8) ⭐️Other important significance Yellow Alert in Delhi: A fresh Western Disturbance has led to a weather alert in the national capital, with predictions of thunderstorms and fog. Logistics Performance: India has successfully reduced its logistics costs to 7.97% of GDP, moving closer to the efficiency levels of developed economies. 📚Word of the day Momentum (Noun) Meaning: The strength or force that something has when it is moving, or the strength or force that allows something to continue or to grow stronger or faster. Usage: "The new Budget allocations are designed to maintain the momentum of India's infrastructure development."
Union Budget 2026-27 - Detailed Study Notes
Union Budget 2026-27: Detailed Study Notes 1. Key Budget Statistics (Exam Oriented Data) Total Expenditure: ₹53.47 lakh crore Total Receipts (other than borrowings): ₹36.51 lakh crore Fiscal Deficit Target (2026-27): 4.3% of GDP Fiscal Deficit (Revised Estimate 2025-26): 4.4% of GDP Nominal GDP Growth Estimate: 10% Capital Expenditure (Capex) Target: ₹12.2 lakh crore (Increased by approx. 11%) Revenue Deficit Target: 1.5% of GDP 2. Budget Theme and Vision Core Vision: The budget focuses on three ‘Kartavyas’ (duties): Accelerate and sustain economic growth. Fulfil aspirations and build capacity. Sabka Sath, Sabka Vikas. Key Focus Areas: Yuva Shakti (Youth Power), Agriculture, MSMEs, Employment, Green Energy, and Digital Public Infrastructure. 3. Ministry-Wise Allocations (Top Allocations) Ministry of Defence: ₹7.85 lakh crore Revenue Expenditure: ₹5.54 lakh crore Capital Outlay (Modernisation): ₹2.31 lakh crore Ministry of Rural Development: Allocated over ₹1.51 lakh crore for the new ‘Viksit Bharat Gram’ scheme (combined centre + state share). MGNREGA: ₹95,692 crore (highest ever central allocation). Ministry of Agriculture: ₹1.32 lakh crore Fertiliser Subsidy: ₹1.71 lakh crore. Agricultural Research (ICAR): ₹9,967 crore. Ministry of Home Affairs: ₹2.55 lakh crore Includes ₹2.28 lakh crore revenue expenditure for CAPFs and internal security. Ministry of Housing and Urban Affairs: ₹85,522 crore PM SVANidhi: ₹900 crore (57% hike). 4. Major Schemes and Fund Allocations PM Garib Kalyan Anna Yojana (Free Food Grain): ₹2.27 lakh crore (Highest allocated scheme). Jal Jeevan Mission: ₹67,600 crore (Mission extended until 2028). PM Kisan Samman Nidhi: ₹63,500 crore. Biopharma Shakti: ₹10,000 crore (New scheme for biopharma manufacturing). SME Growth Fund: ₹10,000 crore (To create ‘Champion MSMEs’). City Economic Regions: ₹5,000 crore allocated per region for development in Tier-2 and Tier-3 cities. Ayushman Bharat: ₹9,500 crore. Carbon Capture Utilization and Storage (CCUS): ₹20,000 crore outlay over 5 years. 5. Infrastructure and Development Initiatives High-Speed Rail: 7 new high-speed rail corridors announced to connect major cities. National Waterways: 20 new national waterways to be operationalised in the next 5 years. Industrial Clusters: Scheme to revive 200 legacy industrial clusters. AVGC Labs: Animation, Visual Effects, Gaming, and Comics labs to be set up in 15,000 schools and 500 colleges. Digital Libraries: National Digital Library for children and adolescents to be expanded. 6. Taxation and Financial Reforms Income Tax Slabs: No changes to existing tax slabs in the new or old regime. New Tax Law: Introduction of the ‘Income Tax Act, 2025’ effective from April 1, 2026. Objective: To replace the Income Tax Act, 1961, simplifying rules and reducing litigation. Securities Transaction Tax (STT): STT on Futures raised from 0.02% to 0.05%. STT on Options raised from 0.1% to 0.15%. Customs Duty: Rationalised for components in nuclear energy, lithium-ion batteries, and critical minerals. 7. Important One-Liners Reform Express: The term used to describe the fast-tracked economic reforms including GST simplification and labour codes. Corporate Mitras: A new cadre of professionals to be developed by ICAI/ICSI for Tier-2 and Tier-3 towns. Bharat-VISTAAR: A new multilingual AI tool proposed to integrate AgriStack and ICAR data. Medical Value Tourism Hubs: 5 new hubs proposed to boost medical tourism. STEM Hostels: New hostels for girls pursuing STEM education to be set up in every district. What Got Cheaper? (Price Decrease) The government reduced Basic Customs Duty (BCD) to promote domestic manufacturing, reduce medical costs, and support exports. Medicines & Healthcare: Cancer Drugs: Full customs duty exemption on 17 specific cancer medicines. Rare Diseases: Customs duty waived on drugs and food for 7 rare diseases. Medical Equipment: Reduction in duties on specific medical components to boost domestic availability. Electronics & Appliances: Microwave Ovens: Parts used in manufacturing microwave ovens (like magnetrons) are now duty-free. Mobile Phones & TVs: Reductions in duties on specific parts (under Semiconductor Mission 2.0) to lower production costs. Solar Panels: Duty removed on Sodium Antimonate, a key raw material for solar glass. Lifestyle & Personal Imports: Personal Imports: Customs duty on goods imported for personal use (via baggage/courier) reduced from 20% to 10%. Overseas Tour Packages: Tax Collected at Source (TCS) on foreign tour packages reduced to 2% (previously varied between 5% and 20%). Sports Equipment: Duties cut on equipment to support the new 'Khelo India Mission'. Industrial & Export Inputs: Leather & Footwear: Duty-free import allowed for inputs used in manufacturing leather goods and shoe uppers (to boost exports). Marine Sector: Duty reduced on shrimp feed to support seafood exports. EV Batteries: Extended duty exemption on machinery used to make Lithium-ion battery cells. What Got Costlier? (Price Increase) Prices increased due to hikes in "Sin Tax," protectionist tariffs, or financial transaction levies. Sin Goods (Health & Environment): Cigarettes & Tobacco: National Calamity Contingent Duty (NCCD) hiked from 25% to 60% on chewing tobacco, gutkha, and cigarettes. Alcohol: Tax Collected at Source (TCS) on the sale of alcoholic liquor increased to 2% (from 1%). Financial Transactions (Stock Market): Futures Trading: Securities Transaction Tax (STT) increased from 0.02% to 0.05%. Options Trading: STT increased from 0.1% to 0.15%. Imported Goods (To discourage imports): Umbrellas: Duty on low-cost imported umbrellas raised (Minimum duty of ₹60 per piece or 20%, whichever is higher). Coffee Machines: Exemptions withdrawn on imported coffee roasting, brewing, and vending machines. ATM Machines: Basic Customs Duty raised on imported ATM and cash dispensing machines. Chemicals: Duty on Potassium Hydroxide increased to 7.5%. Miscellaneous: Imported Zoo Animals: Customs duty increased on imported birds and zoo animals. Commercial LPG: (Note: Prices for 19-kg commercial cylinders were hiked by ₹49 effective Feb 1, 2026, coincident with the budget). Other Important Facts 1. Important Targets & Deadlines Fiscal Deficit Glide Path: The target is to reduce the Fiscal Deficit to below 4.0% by 2027-28. Lakhpati Didi Scheme: The target for creating 'Lakhpati Didis' (women earning ₹1 lakh/year) has been enhanced from 3 crore to 5 crore. Viksit Bharat Goal: Reiteration of the goal to make India a 'Developed Nation' by 2047. Net Zero Emission: Target remains set for 2070. Skill India Digital: Target to skill 1 crore youth in new-age technologies (AI, Robotics, IoT) over the next 3 years. 2. Railways (Special Focus for SSC) Capital Outlay: A record capital outlay of ₹2.65 lakh crore for Railways. Economic Corridors: Implementation of 3 major economic railway corridor programmes: Energy, Mineral, and Cement Corridor. Port Connectivity Corridor. High Traffic Density Corridor. Vande Metro: Announcement of 50 new 'Vande Metro' trains for short-distance inter-city travel (100–250 km). Rail Bhogs: Conversion of 40,000 normal rail bogies to 'Vande Bharat' standards for safety and comfort. 3. Agriculture & Allied Sectors (Annadata) Nano DAP: Expansion of the use of Nano DAP fertilizer to all agro-climatic zones. Atmanirbhar Oil Seeds Abhiyan: Strategy formulated to achieve self-reliance in oilseeds like Mustard, Groundnut, Sesame, Soybean, and Sunflower. Blue Economy 2.0: Launch of a scheme for restoration and adaptation measures for coastal aquaculture and mariculture. Dairy Farmers: A comprehensive programme to control Foot and Mouth Disease under the National Livestock Mission. 4. Finance & Economy Trivia Disinvestment Target: The government has set a modest disinvestment target of ₹40,000 crore for FY 2026-27. GIFT City (IFSC): Tax exemptions for funds relocating to IFSC GIFT City have been extended until March 31, 2027. Interest-Free Loan to States: The scheme for 'Special Assistance to States for Capital Investment' (50-year interest-free loan) is continued with an allocation of ₹1.3 lakh crore. FDI Inflow: Mentioned that FDI inflow during 2014-2026 is twice that of the 2005-2014 period. 5. Women & Social Justice (Nari Shakti) Mudrayojana: The limit for Mudra Loans under the 'Tarun' category has been increased from ₹10 lakh to ₹20 lakh for entrepreneurs who have successfully repaid previous loans. Cervical Cancer: The government will encourage vaccination for girls in the age group of 9 to 14 years to prevent cervical cancer. Maternal Child Health: All maternal and child healthcare schemes will be brought under one comprehensive programme (Saksham Anganwadi & Poshan 2.0). 6. Science, Tech & Innovation Deep Tech Mission: A new policy for Deep Tech technologies for defence purposes aimed at 'Atmanirbharata'. Anusandhan Corpus: A corpus of ₹1 lakh crore established to provide long-term interest-free loans to encourage the private sector to scale up research and innovation. 7. Budget History & Static GK (Contextual) Paperless Budget: This is the 6th consecutive paperless budget (First was in 2021-22). Budget App: All documents are available on the 'Union Budget Mobile App'. Interim vs Full: Clarification that since 2026 is not an election year, this is a Full Budget (unlike the Interim Budget of 2024). 8. Acronyms to Remember G.Y.A.N: The four castes the PM focuses on – Garib (Poor), Yuva (Youth), Annadata (Farmer), Nari (Women). G.D.P: Redefined in the speech as Governance, Development, and Performance.
EduTips Daily CA Bullet Points (02 February 2026)
🇮🇳National Ramsar Sites Expansion: India's total number of Ramsar sites has increased to 98 with the inclusion of new wetlands, including the Patna Bird Sanctuary in Etah, Uttar Pradesh. Budget 2026 Highlights: The Union Government has raised the capital expenditure for FY27 to ₹12.2 Lakh Crore, focusing on a massive infrastructure push and 20 new National Waterways. New Baggage Rules: Effective from midnight today, the government has raised the duty-free limit for imported goods brought by tourists to ₹75,000, replacing decade-old regulations. Health Initiative: Import duty on 17 essential cancer medicines has been removed to improve affordability and access for patients. 🌍International Global Healthcare AI Congress: World leaders and policymakers have gathered in London for the International Consensus Summit to discuss the future of AI in healthcare. Agricultural Protests: Farmers across Europe, specifically in Spain, continue massive protests against the EU-Mercosur trade deal and rising economic costs. South Africa Anniversary: Today marks the 36th anniversary of the 1990 lifting of the ban on the African National Congress (ANC) by President F.W. de Klerk. 💰Economy Banking Rule Changes: New service charges and KYC norms have come into effect for SBI, HDFC, ICICI, and PNB. PNB has set today as the final deadline for pending KYC updates to avoid account restrictions. Stock Market Volatility: Indian indices (Sensex and Nifty 50) witnessed a sharp decline following the hike in Securities Transaction Tax (STT) on derivatives (Futures raised to 0.05%; Options to 0.15%). Fiscal Deficit Target: The Union Budget 2026 has set a revised fiscal deficit target of 4.3% for FY27. 🗓️Date’s importance World Wetlands Day: Observed globally on 2 February to raise awareness about the vital role of wetlands for people and our planet. Historical Milestone (1943): This day marks the conclusion of the Battle of Stalingrad with the surrender of the German Sixth Army, a major turning point in World War II. 👱♂️👩🦳Person of the day Steven Spielberg: The legendary filmmaker has officially achieved EGOT status (Emmy, Grammy, Oscar, Tony) after winning his first Grammy Award at the 68th annual ceremony. 🏅Sports Australian Open 2026: Carlos Alcaraz defeated Novak Djokovic to win his first Australian Open title, becoming the youngest man to complete the career Grand Slam. NBA Trades: The trade deadline buzz intensifies as Australian player Duop Reath was traded from the Portland Trail Blazers to the Atlanta Hawks. 🏆Awards 68th Grammy Awards: Held in Los Angeles; Kendrick Lamar led the nominations with nine, while the event celebrated a diverse group of "Best New Artist" nominees including Leon Thomas and Olivia Dean. ⭐️Other important significance SSC MTS Update: The Staff Selection Commission has released the City Intimation Slip for the 2025 Multi-Tasking Staff (MTS) and Havaldar examination scheduled for February 4. 📚Word of the day Altruistic (adj.) Meaning: Showing a disinterested and selfless concern for the well-being of others. Usage: The billionaire’s decision to fund the local hospital was seen as a truly altruistic gesture.
EduTips Daily CA Bullet Points (1 February 2026)
1) 🇮🇳National Union Budget 2026: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026 today at 11 am in Parliament. This marks her 9th consecutive budget presentation. Viksit Bharat 2047 Strategy: The government is expected to outline specific roadmap milestones for achieving a developed nation status by 2047, focusing on infrastructure and digital public goods. Judicial Reforms: New guidelines for fast-tracking socio-economic cases are expected to be implemented starting this month to reduce pendency in high courts. 2) 🌍International TSA ConfirmID Launch: The United States Transportation Security Administration (TSA) officially launches the "TSA ConfirmID" system today, a modernized identity verification alternative for travelers. India-EU FTA Progress: India and the European Union have entered a landmark phase of their Free Trade Agreement (FTA) negotiations, aimed at boosting services exports. OpenAI Roadmap: OpenAI has confirmed the transition towards GPT-5.2 as the new professional standard, with older models slated for retirement later this month. 3) 💰Economy Special Sunday Trading: For the first time in years, the NSE and BSE are conducting a live trading session today (9:15 am–3:30 pm) to coincide with the Union Budget presentation. Economic Survey 2025-26: The survey projects India's GDP growth at 6.8%–7.2% for FY27, noting that inflation has moderated to historically low levels (1.7%). Fiscal Deficit Target: Analysts expect the government to set a lower fiscal deficit target of 4.2% of GDP for the upcoming financial year. 4) 🗓️Date’s importance Indian Coast Guard Day: Observed annually on February 1 to recognize the contribution of the ICG in securing India's maritime interests. National Freedom Day (USA): Commemorates President Abraham Lincoln’s signing of the joint resolution that later became the 13th Amendment to the US Constitution (abolishing slavery). Oxford English Dictionary (1884): The first portion (fascicle) of the OED was published on this day. 5) 👱♂️👩🦳Person of the day Nirmala Sitharaman: The primary figure today as she presents the Union Budget. She holds the record for the most consecutive budget speeches by an Indian Finance Minister. Kalpana Chawla (Remembrance): Today marks the anniversary of the Space Shuttle Columbia disaster (2003); she remains an icon for Indian aspirants in science and aerospace. 6) 🏅Sports Rohit Sharma (Padma Honours): The Indian cricket captain was recently named as a recipient of the Padma Shri for his exceptional contribution to sports. Women’s College Basketball: Sayvia Sellers recorded a career-high 38 points for Washington in a major win against Maryland, highlighting the growth of women's sports globally. 7) 🏆Awards Padma Awards 2026: The full list of 131 awardees (5 Padma Vibhushan, 13 Padma Bhushan, 113 Padma Shri) is currently a major topic for exams. Padma Vibhushan (Posthumous): Veteran actor Dharmendra and former Kerala CM V.S. Achuthanandan were honoured with the nation's second-highest civilian award. Padma Bhushan: Malayalam legend Mammootty and singer Alka Yagnik were conferred the award for their contributions to the arts. 8) ⭐️Other important significance Digital Health Warning: Medical experts in India have issued a "Cyber-Safety" advisory following cases of unsupervised drug use advised by unverified AI tools. Space Research: India's capital expenditure for defence and space research is projected to cross ₹12 lakh crore in the upcoming fiscal cycle. 📚Word of the day Garrulous (Adjective) Meaning: Excessively talkative, especially on trivial matters. Synonyms: Loquacious, Voluble, Verbose. Antonyms: Taciturn, Reticent, Reserved. Usage: The candidate’s garrulous nature during the interview distracted from his technical qualifications.
EduTips Daily CA Bullet Points (31 January 2026)
1) 🇮🇳National PAIMANA Portal Launched: The Ministry of Statistics and Programme Implementation (MoSPI) has operationalised the Project Assessment, Infrastructure Monitoring & Analytics for Nation-building (PAIMANA) portal to monitor Central Sector Infrastructure Projects in real-time. AI University Pilot: India has taken a pioneering step by launching its first AI-enabled university pilot to integrate artificial intelligence into the core higher education framework. Sunabeda Leopard Habitat: Following the declaration of Sunabeda Wildlife Sanctuary (Odisha) as Maoist-free, officials reported a significant rise in leopard presence, renewing conservation hopes for the region. Western Disturbance Alert: A fresh Western Disturbance has triggered a Yellow Alert in Delhi, bringing unsettled weather, fog, and thunderstorms to the national capital. 2) 🌍International USA Exits WHO: The United States has formally concluded its exit from the World Health Organization (WHO), ending a historic 78-year membership. Energy Cooperation Pact: India and Canada signed a Joint Statement on Energy Cooperation during the India Energy Week 2026 in Goa to strengthen bilateral energy security. Gaza Board of Peace: US President Donald Trump signed the founding charter for the "Board of Peace" initiative, aimed at overseeing a multi-nation ceasefire and reconstruction plan for Gaza. 3) 💰Economy 16th Finance Commission: The 16th Finance Commission has officially submitted its report for the period 2026–31 to President Droupadi Murmu, outlining the tax-sharing formula between the Centre and States. 100% FDI in Insurance: The Central Cabinet has approved 100% Foreign Direct Investment (FDI) in Indian insurance companies, a major reform aimed at boosting capital inflow into the sector. Job Fair Success: The Ministry of Labour and Employment informed Parliament that over 2.22 crore people were provided jobs through 18,000 job fairs held across the country in the past year. 4) 🗓️Date’s importance International Zebra Day: Observed today to raise awareness about the conservation of these unique equines and their shrinking natural habitats. Me-Dam-Me-Phi: A significant ancestor-worship festival celebrated by the Ahom community in Assam on 31 January every year. 13th Amendment Anniversary: Marks the day in 1865 when the US Congress passed the amendment to abolish slavery. 5) 👱♂️👩🦳Person of the day Major Somnath Sharma: Born on this day in 1923, he was the first recipient of the Param Vir Chakra (posthumous) for his supreme sacrifice during the 1947 Indo-Pak War. Shastriji Maharaj: The 161st birth anniversary of the founder of BAPS Swaminarayan Sanstha is observed today. 6) 🏅Sports India vs New Zealand: The 5th and final T20I of the series is taking place at the Greenfield International Stadium, Thiruvananthapuram, today. WPL 2026: In a thrilling Match 19, Gujarat Giants (GG) defeated Mumbai Indians (MI) by 11 runs in Vadodara. Shohei Ohtani: The global baseball icon continues to trend following the announcement of a major Netflix partnership for the 2026 World Baseball Classic. 7) 🏆Awards Gallantry Awards 2026: President Murmu approved 333 awards, including two Kirti Chakras (Major Arshdeep Singh and Naib Subedar Doleshwar Subba) and 10 Shaurya Chakras for exceptional bravery. Padma Awards 2026: The list of 131 recipients features 45 "unsung heroes," including Anke Gowda (Karnataka) for his work in environmental conservation. 8) ⭐️Other important significance PATHIK Software: The Ahmedabad Crime Branch became the first to integrate Aadhaar offline verification into its PATHIK software for enhanced criminal tracking. Kyasanur Forest Disease (KFD): A health alert has been issued in Karnataka following reported fatalities due to Monkey Fever (KFD). 📚Word of the day Affectation (Noun) Meaning: Behaviour, speech, or writing that is artificial and designed to impress. Usage: "The politician's sudden interest in rural sports was seen as a mere affectation to win local votes."
EduTips Daily CA Bullet Points (30 January 2026)
1) 🇮🇳National Martyrs' Day (Shaheed Diwas): The nation pays homage to Mahatma Gandhi on his 78th death anniversary. President Droupadi Murmu and PM Narendra Modi led the tributes at Rajghat, Delhi. A two-minute silence was observed nationwide at 11:00 AM in memory of those who sacrificed their lives for the country. +1 Economic Survey Debate: Parliament is set to debate the Economic Survey 2025-26 today. The survey, tabled yesterday, projected a distinct "Amrit Kaal" growth trajectory, emphasising fiscal consolidation before the upcoming Union Budget on February 1. IIT Delhi Outreach: In a first-of-its-kind move, IIT Delhi announced an "Open House" for JEE 2026 aspirants in Kota (scheduled for Jan 31) to directly engage with students and address mental health concerns. New Security Policy: The Centre has reportedly approved the felling of trees for strategic road projects in the Gangotri and Yamunotri stretch to bolster border infrastructure, while simultaneously setting up monitoring for 2,800 glacial lakes. 2) 🌍International India-EU FTA: Negotiations for the India-EU Free Trade Agreement have reportedly concluded, with an official announcement expected shortly. Commerce Secretary Rajesh Agarwal highlighted that the deal will significantly boost India’s service and manufacturing sectors. WHO on NTDs: On World Neglected Tropical Diseases (NTD) Day, the World Health Organization praised India's progress in eliminating Kala-azar and Lymphatic Filariasis, urging continued vigilance. Trump's 'Board of Peace': US President Donald Trump released the charter for a new "Board of Peace" to oversee ceasefire plans in the Middle East, with claims of resolving major regional conflicts. 3) 💰Economy Fitch Ratings Outlook: Global rating agency Fitch released a report stating that the financial performance of Indian corporates is expected to improve significantly in FY27, citing stable credit metrics and robust domestic demand. Rupee Update: The Indian Rupee faced volatility, hovering near record lows (₹91.70) against the US Dollar due to continued foreign fund outflows and pre-budget caution. Steel Scrap Duty: Indian negotiators have sought specific exemptions for steel scrap imports from the EU to mitigate the impact of the new "Carbon Border Adjustment Mechanism" (CBAM) duties. 4) 🗓️Date’s importance Martyrs' Day: Observed on January 30 to mark the assassination of Mahatma Gandhi in 1948 by Nathuram Godse. World Neglected Tropical Diseases Day: Observed globally to raise awareness about NTDs like Dengue, Leprosy, and Rabies that affect the world's poorest populations. 5) 👱♂️👩🦳Person of the day Mahatma Gandhi: The "Father of the Nation," remembered today for his principles of Truth (Satya) and Non-violence (Ahimsa). Aryna Sabalenka: The tennis star stormed into her fourth consecutive Australian Open final, setting up a high-voltage clash against Elena Rybakina. 6) 🏅Sports Australian Open 2026 (Men's): The Men's Singles Semi-finals are taking place today at Rod Laver Arena, with Carlos Alcaraz set to face Alexander Zverev for a spot in the final. T20 World Cup Shake-up: In a massive development, the ICC has announced that Scotland will replace Bangladesh in the upcoming T20 World Cup due to the latter's refusal to play matches in India citing security/political reasons. WPL Record: Mumbai Indians' Nat Sciver-Brunt created history by scoring the first-ever century in the Women's Premier League (WPL) 2026, leading her team to a win over RCB. 7) 🏆Awards Padma Awards (Reactions): Tributes continue to pour in for the late Avtar Singh Bhasin (Diplomat & Author), who passed away recently, and for the posthumous Padma Vibhushan awardees. Oscar Nominations 2026: The Academy of Motion Picture Arts and Sciences has officially released the nominations for the 98th Academy Awards, with Indian documentaries gaining special attention in the preliminary lists. 8) ⭐️Other important significance Cryptera 2K26: The national-level technical symposium 'Cryptera 2K26' kicked off today at the Coimbatore Institute of Technology (CIT), focusing on cybersecurity and next-gen computing. Pune Design Festival: The Pune Design Festival 2026 began today, exploring the theme of "India's Design Purpose" in a changing global order. 📚Word of the day Apostle (Noun) Meaning: A vigorous and pioneering advocate or supporter of a particular policy, idea, or cause. Usage: "Mahatma Gandhi was the great apostle of non-violence and peace in the 20th century."
EduTips Daily CA Bullet Points (29 January 2026)
1) 🇮🇳National Economic Survey 2025-26: Finance Minister Nirmala Sitharaman is set to table the Economic Survey 2025-26 in Parliament today. The document will provide a comprehensive overview of India’s economic performance and growth outlook ahead of the Union Budget. President’s Address: President Droupadi Murmu addressed a joint sitting of Parliament, emphasizing that issues of national interest and security should transcend political differences to achieve the vision of 'Viksit Bharat'. National Cadet Corps (NCC) Rally: PM Narendra Modi addressed the annual NCC PM Rally at Delhi Cantonment, marking the culmination of the month-long Republic Day camp. Wings India 2026: PM Modi inaugurated the Wings India 2026 aviation summit in Hyderabad via video message, inviting global investors to partner in India’s journey to becoming a global aviation hub. Tragic Loss: Maharashtra Deputy CM Ajit Pawar passed away following a tragic aircraft crash near Baramati airport; the state government has announced three days of official mourning. 2) 🌍International India-EU FTA: Reports indicate that the India-European Union Free Trade Agreement is nearing conclusion, expected to significantly boost Indian textile exports by eliminating import duties. Tariffs on EVs: South Africa is considering imposing 50% tariffs on electric vehicles imported from China and India to protect its domestic automotive manufacturing industry. UN Water Report: A new UN report titled "Global Water Bankruptcy" warns of severe water insecurity affecting three-quarters of the global population. 3) 💰Economy Budget Session 2026: The Budget Session of Parliament has officially commenced. Following the Economic Survey today, the Union Budget 2026-27 will be presented on February 1. Regulatory Information Sharing: The RBI and the European Securities and Markets Authority (ESMA) signed an MoU for information sharing regarding central counterparties. Corporate Layoffs: Tech giant Amazon announced plans to cut 16,000 corporate roles globally as part of its largest restructuring since 2023. 4) 🗓️Date’s importance India's First Newspaper (1781): On this day, James Augustus Hickey started 'Hickey's Bengal Gazette', the first printed newspaper in India. Establishment of Diplomatic Ties (1992): India and Israel decided to establish full diplomatic relations on this day in 1992. Subhash Chandra Bose (1939): Netaji Subhash Chandra Bose was elected President of the Indian National Congress on January 29, 1939. 5) 👱♂️👩🦳Person of the day Ajit Pawar (1959–2026): A dominant figure in Maharashtra politics for over three decades, he served as Deputy CM multiple times and was a key architect of various developmental projects in the state. Suryakumar Yadav: The Indian T20I captain jumped five spots to reach 7th in the latest ICC Men’s T20I rankings following his consistent performances. 6) 🏅Sports India vs NZ T20I: India is set to face New Zealand in the 4th T20I at Visakhapatnam today. India currently leads the 5-match series 3-0. Champions League: The group phase of the UEFA Champions League reaches a climax today with several top clubs scrambling for the top eight spots. IISc B.Tech Admissions: In a major update for aspirants, IISc Bengaluru announced that B.Tech admissions will now be based on JEE Advanced 2026 ranks. 7) 🏆Awards Ashoka Chakra: Group Captain Shubhanshu Shukla was officially honoured with the Ashoka Chakra for his historic visit to the International Space Station (ISS). Kirti Chakra: Awarded to Major Arshdeep Singh and Naib Subedar Doleshwar Subba for their gallantry in counter-insurgency operations. Australia Day Honours: Michelle Wheeler was named 'Citizen of the Year' in Narrabri Shire for her extensive community service. 8) ⭐️Other important significance Beating Retreat Preparations: Final rehearsals are underway for the Beating Retreat Ceremony on January 29, which formally marks the end of Republic Day celebrations. Operation Sindoor: The government highlighted the success of 'Operation Sindoor' in curbing cross-border terrorism during the President's address to Parliament. 📚Word of the day Sapient (Adjective) Meaning: Possessing or showing great wisdom or sound judgement; wise or sagacious. Usage: "The President's address called for a sapient approach to national security that puts the country above partisan politics."
EduTips Daily CA Bullet Points (28 January 2026)
1) 🇮🇳National Uniform Civil Code (UCC) Expansion: Uttarakhand has officially implemented the Uniform Civil Code (Amendment) Ordinance, 2026, further strengthening the framework exactly one year after the original UCC rollout. Glacial Lake Mapping: Researchers from IIT Guwahati have successfully mapped 492 potential glacial lake sites in the Eastern Himalayas, providing a predictive framework to mitigate future flood risks. Operation Sindoor: India officially rejected Pakistan’s remarks regarding 'Operation Sindoor', labelling their claims as "false and self-serving." Conservation of Lonar Lake: Environmentalists raised alarms over rising freshwater inflows into Lonar Lake (Maharashtra), India’s only basaltic meteor impact crater, which threatens its unique alkaline ecosystem. Matabari Tourism Circuit: Union Minister Jyotiraditya Scindia laid the foundation stone for the ₹450 crore Matabari Tourism Circuit project in Tripura, aimed at boosting spiritual and eco-tourism. 2) 🌍International Data Privacy Day: Observed globally on January 28, this day highlights the importance of digital trust and personal data protection under the theme of "Privacy First." India-EU FTA: Negotiations for the "mother of all deals"—the India-European Union Free Trade Agreement—reached a final leg, with both sides set to announce a successful conclusion. WHO Withdrawal: The United States has formally concluded its exit from the World Health Organization (WHO), ending a 78-year membership. Nipah Virus Screening: Several Asian airports have reintroduced health checks following a reported Nipah virus outbreak in parts of India. 3) 💰Economy Halwa Ceremony 2026: The traditional "Halwa Ceremony" was held at North Block, New Delhi, marking the final stage of the Union Budget 2026-27 preparation process. National Income Surveys: The National Statistics Office (NSO) has initiated preparations for two landmark nationwide surveys to bridge data gaps in household and corporate incomes. SEBI Reforms: The Securities and Exchange Board of India (SEBI) announced sweeping reforms, including a reduction in fees paid by mutual funds to brokerages to benefit retail investors. Global Growth Forecast: The UN projected India’s economy to grow at 6.6% in 2026, despite global headwinds and shifting tariff policies. 4) 🗓️Date’s importance Data Privacy Day: Established by the Council of Europe in 2006 to raise awareness about data protection rights. Lala Lajpat Rai Jayanti: Today marks the birth anniversary of the legendary freedom fighter known as "Punjab Kesari" (born 28 Jan 1865). Space Shuttle Challenger Disaster (1986): On this day in 1986, the NASA Space Shuttle Challenger exploded 73 seconds after lift-off, killing all seven crew members. 5) 👱♂️👩🦳Person of the day Group Captain Shubhanshu Shukla: The Indian astronaut made history by becoming the first Indian to visit the International Space Station (ISS) and was recently honoured with the Ashoka Chakra, India’s highest peacetime gallantry award. Lala Lajpat Rai: A key member of the 'Lal Bal Pal' trio, he was a visionary leader and the founder of the Punjab National Bank. 6) 🏅Sports U-19 World Cup 2026: India took on hosts Zimbabwe in their first 'Super 6' match today at the Queens Sports Club in Bulawayo. WPL 2026: Mumbai Indians' Sciver-Brunt scored the first-ever century in the Women’s Premier League 2026 to lead her team to victory over RCB. T20 World Cup Update: Scotland has officially replaced Bangladesh in the upcoming T20 World Cup lineup following security concerns cited by the latter. 7) 🏆Awards Wiley Research Heroes Prize: Public health expert Chandrakant Lahariya became the first Indian to receive this prestigious international award. Kirti Chakra Awardees: Major Arshdeep Singh and Naib Subedar Doleshwar Subba were among the prominent recipients of the Kirti Chakra for their exceptional bravery in counter-terror operations. Ashoka Chakra: Awarded to Group Captain Shubhanshu Shukla for his historic mission to the ISS. 8) ⭐️Other important significance PESA State Rankings: Maharashtra bagged the 1st position in the implementation of the Panchayats (Extension to Scheduled Areas) Act (PESA), followed by Madhya Pradesh and Himachal Pradesh. Beating Retreat Ceremony: Preparations are finalised for the ceremony on January 29, marking the formal end of the Republic Day celebrations. 📚Word of the day Chimerical (Adjective) Meaning: Hoped for but illusory or impossible to achieve; highly unrealistic. Usage: "The idea of eliminating all global poverty within a single month is often dismissed as a chimerical ambition."