SARASIJ'S BLOG

NEWS & VIEWS|||SARASIJ|||02-02--2026

 

NEWS & VIEWS|||SARASIJ|||02-02--2026

MONDAY|| VOL—V/2026/FEBRUARY

OPINIONATED, FOR FREE CIRCULATION.

उत्सवे व्यसने चैव दुर्भिक्षे राष्ट्रविप्लवे ।

राजद्वारे श्मशाने च यतिष्ठति स वान्धवः ॥

EQUIVALENT: A FRIEND IN NEED IS A FRIEND INDEED.

INDIA: (GOI, SWARAJYA, VISHWAMITRA, HINDU POST, INDIA TODAY).



BUDGET HIGHLIGHTS:-

1.     FM Sitharaman proposes 'East Coast Industrial Corridor', 5 tourism destinations in 'Purvodaya' States in Union Budget.  In poll bound state  West Bengal—Durgapur, Siliguri, and Dankuni are in focus.

2.     Union Budget 2026-27 proposes ₹12.2 lakh crore public capex with high-speed rail corridors, freight corridors, waterways, CCUS, and city economic regions to drive growth, sustainability and private investment confidence.

3.     Railway Budget 2026 allocates a record ₹2.93 lakh crore capex to Indian Railways, with plans for 7 high-speed rail corridors, network expansion, and modernization to boost connectivity and economic growth.

4.     Budget 2026 raises India’s defense spending by 15.3% to ₹7.84 lakh crore. Capital outlay, Make in India push, defense exports, and post-Pakistan conflict lessons shape India’s renewed focus on military self-reliance and readiness.

5.     This, ₹3.65 lakh crore is for defense services revenue, ₹2.19 lakh crore for capital outlay, and ₹1.71 lakh crore for pensions.

6.     Capital expenditure alone rose by 21.8%, signaling a clear focus on modernization, new platforms and equipment acquisition.    

7.     Finance Minister Nirmala Sitharaman announced that the Income Tax Act, 2025 will come into effect from 1 April 2026.

8.     Union Budget 2026-27 has proposed an excise-duty exemption on the biogas or compressed biogas (CBG) component in blended compressed natural gas, signaling a stronger policy push to scale up renewable gas use and reduce India’s dependence on imported fossil fuels.

India on Sunday (February 1, 2026) refuted Islamabad’s allegation of being linked to a series of attacks by the banned Baloch Liberation Army (BLA) during the weekend and urged Pakistan to address “long-standing demands” of Baloch rebels.

India Slashes Fund To Bangladesh By Half Amid Diplomatic Tension.

India and Arab States have reaffirmed their commitment to achieving a just, comprehensive, and lasting peace in West Asia, according to international law, relevant UN resolutions and the Arab Peace Initiative. External Affairs Minister Dr S Jaishankar participated in the second India-Arab Foreign Ministers’ Meeting in New Delhi.

WORLD: (REUTER, AP, AFP, BLOOMBERG, CNN, WP).

If U.S. strikes Iran, ‘this time it will be a regional war’: Ayatollah Ali Khamenei warned!

“We are not the initiators of war. However, anyone who seeks to attack or cause harm will face a decisive blow from the Iranian nation,” Ayatollah Ali Khamenei said.

Trump says U.S. is 'starting to talk to Cuba' as he moves to cut its oil supplies. It comes in the wake of his moves in recent weeks to cut off supplies of oil from Venezuela and Mexico.

Venezuela slams U.S. ‘punitive’ measures against ally Cuba. Venezuela vowed “solidarity with the Cuban people” deprived of Venezuelan oil now under U.S. control, and urged “collective action by the international community to address the humanitarian consequences.

India has to buy Venezuelan oil instead of Iranian crude, claims Trump. India had been a major buyer of Iranian oil until 2019, when imports were significantly reduced following the reimposition of U.S. sanctions on Tehran.

15 Pakistani soldiers, 92 militants killed in security operations in Balochistan.  Quetta, Mastung, Nushki, Dalbandin, Kharan, Panjgur, Tump, Gwadar and Pasni are in Baloch control.

"Balance Of Power Is Changing": Musk As India, China Lead Global GDP Growth. China and India have been placed at the top of the global real GDP growth chart and are projected to contribute 26.6% and 17%.

Japan PM Takaichi's  party poised for landslide victory, poll shows.

Afghanistan’s Taliban-led administration recently announced plans to begin construction of dams over the Kunar River. This is a key waterway that flows into Pakistan’s northwestern region.

SCIENCE & TECHNOLOGY:

Union Budget 2026-27 has announced a major expansion of India’s ground-based astronomy infrastructure, with plans to establish and upgrade four key facilities across Ladakh and southern India. Finance Minister Nirmala Sitharaman said the initiatives will strengthen India’s capabilities in solar physics, deep-space observation and public science education.

ENTERTAINMENT:

Singer and composer Arijit Singh has announced that he was stepping away from playback singing.  THE SINGER SEEMS TO HAVE CHOSEN AUTONOMY OVER INDUSTRY APPROVAL.

MISHAPS: -

In a NEWS 9 YOU TUBE --Pakistani Army Lt Col Imran Dayal, identified as one of the handlers in the 2025 Pahalgam terror attack, was reported shot dead by unidentified gunmen in Dera Ismail Khan on 28 January 2026.

GAMES & SPORTS: -

Pakistan has announced on Sunday that they will participate in the T20 World Cup 2026 but will boycott the match against India. It is known that ICC has still not received any official communication from the Pakistan Cricket Board (PCB) about the decision.

Young Indian shuttler Devika Sihag clinched her maiden BWF Super 300 crown after Malaysia’s Goh Jin Wei retired midway through the women’s singles final of the Thailand Masters at Bangkok yesterday.  The 20-year-old from Haryana was leading 21-8, 6-3 when world No. 68 Goh, a two-time former world junior 🏆champion.

In Men’s Tennis, Carlos Alcaraz has won the Australian Open, completing the career Grand Slam and thwarting Novak Djokovic’s bid for a record 25th major title.

DAS KAPITAL:

Indian Share Market: -

*BSE SENSEX* 82,269.78 −296.59 (0.36%)🔻

*NIFTY* 25,320.65 −98.25 (0.39%)🔻

The Budget has minimal downward effect on Equity Market.

Currency Exchange Rates:

*Euro* : ₹107/-*USD*  ₹ 91/-  * China ¥* : ₹ 13

BULLION:

 *GOLD* : ₹ 16,200/ 01gm (24 krt)

 *SILVER* : ₹ 320,000/KG

 

  

THE END.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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