DNC 538 II The Assam Tribune, The Hindu & PIB Daily Analysis II For UPSC, APSC & other state examsp

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National News

Union Budget 2025-2026 Announced

Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-2026 on February 1, 2025. Key highlights include a complete tax rebate on income up to ₹12.75 lakh, measures to stimulate consumption, and support for start-ups and gig workers. The budget also focuses on easing second home ownership and reducing duties on various consumer goods.
FT.COM

Delhi Legislative Assembly Election Tomorrow

Delhi is set to hold its Legislative Assembly elections on February 5, 2025. All 70 seats are up for election, with major parties including the Aam Aadmi Party (AAP), Bharatiya Janata Party (BJP), and Indian National Congress (INC) contesting. Results will be declared on February 8, 2025.
EN.WIKIPEDIA.ORG

Economic News

Decline in Palm Oil Imports

In January 2025, India's palm oil imports dropped to a 14-year low, totaling 272,000 metric tons—a 46% decrease from the previous month. This decline is attributed to refiners shifting to cheaper soyoil due to unfavorable refining margins for palm oil. Consequently, soyoil and sunflower oil imports have seen an uptick.
REUTERS.COM

Government's Stance on Debt Switch with RBI

The Indian government has announced it will not pursue a direct debt switch with the Reserve Bank of India (RBI) for sovereign bonds maturing in the next financial year. Instead, it plans to handle bond issuances through market-based operations, resulting in an increased gross borrowing target of ₹14.82 trillion for 2025-26.
REUTERS.COM

Weather Alert

Warmer February Predicted; Crops at Risk

The India Meteorological Department forecasts above-average temperatures for February 2025, following a warmer-than-usual January. This trend poses a significant threat to winter-sown crops like wheat, rapeseed, and chickpeas, which depend on cooler climates for optimal growth. Key agricultural regions such as Punjab, Haryana, Uttar Pradesh, and Madhya Pradesh are particularly vulnerable.
REUTERS.COM

Cultural Events

Mahakumbh Mela 2025 Sees Massive Turnout

The Mahakumbh Mela 2025 in Prayagraj has witnessed over 6 crore participants so far. On the fourth day, lakhs of devotees braved the cold to take a holy dip at the Sangam. The event has also attracted international attention, with dignitaries and visitors from around the world participating.


Union Budget 2025-2026 highlights
Delhi Legislative Assembly election 2025
India's palm oil imports 2025
Sovereign bonds India RBI 2025
Gross borrowing target 2025-26 India
Warmer February 2025 weather India
Impact of warm weather on Indian crops
Mahakumbh Mela 2025 Prayagraj updates
Delhi Assembly elections February 2025
India agricultural forecast February 2025

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#DelhiElections2025
#PalmOilImports
#IndianEconomy
#RBIUpdates
#WeatherAlert2025
#IndianAgriculture
#MahakumbhMela2025
#AssemblyElections
#IndiaNews