WorldNews-30

Mexico Imposes Up to 50% Tariffs on Indian Imports After Crushing US Tariffs: The steep hikes by Mexico have devastated several Indian industries already reeling under crushing US tariffs. Mexico has announced additional tariffs of up to 50% on select Indian imports starting January 1, 2026, marking a significant shift in bilateral trade dynamics. Mexico has recently approved a significant trade policy shift that directly impacts Indian exporters. Following a Senate vote in December 2025, Mexico is set to impose or extend steep import tariffs on countries with which it does not have a Free Trade Agreement (FTA), including India and China. ​The new tariff regime is scheduled to take effect on January 1, 2026.   ​Key Details of the Tariffs: ​The measures target over 1,400 product lines and are designed to protect domestic Mexican industries and align with North American trade priorities (USMCA). Sector Estimated:  New Tariff Rate Automobiles & Parts - Up to 50% ~20% Ste...

  India & US Strike long-delayed trade deal: Highlights - US Cut Tariffs On Indian Import To 18% In a major diplomatic breakthrough on February 2–3, 2026, India and the United States officially sealed a long-delayed trade agreement. The deal, announced following a high-level phone call between Prime Minister Narendra Modi and President Donald Trump, marks a significant de-escalation of the trade tensions that had peaked in late 2025. US President Donald Trump's decision to lower reciprocal tariffs on India from 50% to 18% has been met with a sense of relief in Asia's third-largest economy ​Key Provisions of the Deal: ​The agreement is built on a "reciprocity" framework, addressing both tariff relief and massive purchase commitments: ​Tariff Reductions : The U.S. has reduced the reciprocal tariff on "Made in India" goods to 18%, down from the previous base of 25% (and an effective 50% when including prior penalties). ​Removal of Oil Penalties: Washington ...

  The Union Budget 2026: The Union Budget 2026–27 was presented by Finance Minister Nirmala Sitharaman on 1st February, 2026.  This budget is characterized by a "growth-first" approach, focusing on infrastructure,high-tech manufacturing, & digital transformation in agriculture.  Here is a brief summary of the key highlights: ​1. Macro-Economic Framework ​Total Outlay:  The budget size is pegged at ₹53.5 lakh crore.  ​ Fiscal Deficit : Targeted at 4.3% of GDP for FY27, continuing the path of fiscal consolidation.  ​ Capex Push : Capital expenditure has been raised to ₹12.2 lakh crore, an 11.5% increase, to fuel infrastructure growth.  ​2. Taxation and Personal Finance ​New Tax Act: The government announced that the Income Tax Act, 2025 will come into effect from April 1, 2026, aimed at simplifying the 60-year-old tax code.  ​Tax Slabs : There were no changes to the income tax slabs. The new regime remains the default, with income up to ₹12.75 l...

  India vs New Zealand Crick 4th T20I: NZ beat IND by 50 runs in Visakhapatnam to make series 3-1. In India vs New Zealand, 4th T20I New Zealand beat India by 50 runs in the fourth T20I at the ACA-VDCA Cricket Stadium in Visakhapatnam on Wed 28.1.2026. In the 4th T20I of the five-match series, New Zealand secured a convincing 50-run victory over India at the ACA-VDCA Cricket Stadium in Visakhapatnam. Despite the loss, India still leads the series 3-1 after having won the first three matches. ​Match Highlights:  New Zealand (215/7) defested India (165) ​1. New Zealand’s Explosive Batting ​After losing the toss and being put in to bat, the Black Caps posted a formidable 215/7. ​The Foundation: Openers Tim Seifert (62 off 36) and Devon Conway (44) gave New Zealand a dream start, putting on a 100-run partnership in just over 8 overs. ​The Finish: Daryl Mitchell provided the late-innings fireworks with a quickfire 39 off 18 balls, pushing the total past 200. ​India’s Bowling: Arsh...

  Maharashtra Deputy Chief Minister Ajit Pawar passed away earlier today,  28th Jan, 2026. Maharashtra Deputy Chief Minister Ajit Pawar passed away earlier today, January 28, 2026, following a plane crash in Baramati.   ​The accident has sent shockwaves across the political landscape. Here are the details of the incident as reported:   ​The Incident: ​Time & Location : The crash occurred around 8:45 AM near the Baramati airport in Pune district.   ​The Aircraft: Pawar was traveling in a chartered Learjet 45 (registered as VT-SSK) that had departed from Mumbai at approximately 8:10 AM.   ​The Cause: Preliminary reports suggest the aircraft encountered technical difficulties or poor visibility during its final approach. After an unsuccessful first attempt to land, the plane reportedly veered off the runway and burst into flames during its second attempt.   ​ Casualties: ​The Directorate General of Civil Aviation (DGCA) and l...

77th Republic Day-26th January, 2026 : India celebrated its 77th Republic Day today, January 26, 2026, with a spectacular display of military might, cultural heritage, and diplomatic reaching-out at Kartavya Path in New Delhi. ​The 2026 celebrations were particularly significant as they honored both the nation's constitutional foundation and a major cultural milestone. ​Key Highlights of Republic Day 2026 : ​1. The Central Theme: "150 Years of Vande Mataram" ​The overarching theme for this year’s parade was “150 Years of Vande Mataram,” marking the anniversary of the national song penned by Bankim Chandra Chattopadhyay. ​Visual Tribute : Archival paintings from 1923, which illustrated the verses of the song, were displayed along the parade route. ​Cultural Focus: Approximately 2,500 artists participated in performances themed around Swatantrata ka Mantra (The Mantra of Freedom) and Atmanirbhar Bharat (Self-reliant India). ​2. Honored Chief Guests: ​In a move signaling I...