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February 5, 2026
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Argentina requests extradition of Nicola s Maduro to face crimes-against-humanity investigation under universal jurisdiction.
Argentina requested extradition of former Venezuelan President Nicola s Maduro from the United States to face an investigation alleging he oversaw abuses amounting to crimes-against-humanity, relying on the principle of universal jurisdiction and citing the 1997 extradition treaty; the petition follows a 2024 international arrest warrant and references Maduro's recent U.S. capture while noting concurrent U.S. narcotics indictments.
February 5, 2026
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Xi and Putin affirm deepening China-Russia strategic, economic cooperation and shared commitment to international law and strategic stability.
Xi and Putin committed to deepen bilateral strategic cooperation-economic, energy, nuclear technology and high tech ties-and to sustain high level exchanges, reciprocal visa free travel, and summit participation. They aligned on adherence to international law and the UN Charter, affirmed the One China Principle, and addressed arms control concerns, noting Washington's refusal to extend the New START treaty and expressing willingness to pursue negotiated measures to preserve strategic stability.
February 5, 2026
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Nearly 100 year old murder accused acquitted after decades due to prosecution failure and prolonged pendency and age.
The High Court acquitted a nearly 100 year old appellant in a 1982 murder case on the ground that the prosecution failed to prove charges beyond a reasonable doubt, directed discharge of his bail bond, and held that prolonged pendency, his advanced age, and decades of anxiety and social consequences were material in moulding relief.
February 5, 2026
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Industrial and MSME support expands credit access, restructuring pathways, subsidies and targeted assistance for artisans and farmers.
The government adopted financial and non financial measures to strengthen liquidity, address stress and improve access to credit for industrial units, MSMEs, artisans, weavers and farmers. Enhanced credit linkages under the RAMP programme and credit guarantee arrangements support restructuring and need based assistance for stressed enterprises. The Industrial Policy provides turnover and SGST incentives, green initiatives, full subsidy for diesel generator sets, stamp duty and court fee exemptions, and subsidies for quality certification, automation and pollution control. Artisans and GI certified units receive targeted credit schemes, rent free stalls and direct benefit assistance. Agricultural support includes interest subvention, credit restructuring after calamities, crop insurance and infrastructure funds with interest subvention and credit guarantees.
February 5, 2026
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Critical minerals trading bloc to stabilize prices, enforce minimum tariffs, and reduce reliance on Chinese supplies.
The administration proposes a critical minerals trading bloc among allies to stabilise prices via tariffs and sourcing rules, coupled with a US strategic stockpile funded by Export-Import Bank loans and private capital, plus direct government investments and procurement measures to diversify production and reduce reliance on dominant foreign processors.
February 5, 2026
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Union Budget 2026-27 promotes reform-driven growth with Jan Vishwas Act 2.0, fiscal discipline, and manufacturing incentives.
The Union Budget 2026 27 is a reform driven fiscal blueprint proposing the Jan Vishwas Act 2.0, prioritising Aatmanirbhar manufacturing support (Semiconductor Mission 2.0, Rs 10,000 crore BioPharma Shakti, electronics outlay, MSME funds), targeting a 4.3% fiscal deficit and Rs 12.2 lakh crore capital expenditure for transport and Tier 2/3 infrastructure, and increasing tax devolution to states (from 32% to 41%), with enhanced allocations cited for Maharashtra.
February 4, 2026
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Women MPs' protest gheraoed treasury benches, forcing adjournment amid disputes over quoting published material and disciplinary demands.
Women opposition members advanced to the Treasury benches during the Motion of Thanks debate, prompting the presiding officer to adjourn the House after they approached the Prime Minister's seat; the disruption occurred amid earlier adjournments, delays to the prime minister's scheduled reply, and prior suspensions of members for unruly behaviour. The acting Chair invoked the rule prohibiting reading from books, newspapers or letters except in connection with House business after a member quoted published works, triggering opposition demands for disciplinary action and consultations with the Speaker and ministers.
February 4, 2026
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India-US trade deal expands market access, boosting Indian manufacturing, exports, and MSMEs, including textiles, pharma and gems sectors.
The India-US trade agreement reinforces the "Make in India, Make for the World" policy by expanding export opportunities for textiles, pharma, chemicals, petroleum, gems and jewellery, and by positioning Gujarat's manufacturing and MSME sectors to benefit directly. The announcement highlights a stated US tariff position of 18% on Made in India products as a stimulus for production, exporters and job creation, framing the deal as strengthening bilateral economic ties and India's global economic presence.
February 4, 2026
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Coal India to set up Chile holding for lithium and copper; approves over Rs 6,300 crore in domestic project investments.
Coal India authorised the incorporation of a wholly owned intermediate holding company in Chile to pursue critical minerals (lithium and copper), subject to regulatory approvals, and approved domestic equity investments totalling over Rs 6,300 crore: Rs 3,132.96 crore for an energy joint venture with Damodar Valley Corporation (part of a Rs 20,886.40 crore project at 70:30 debt equity) and Rs 3,189.54 crore into Bharat Coal Gasification and Chemicals Ltd for a 0.66 mtpa coal to ammonium nitrate project.
February 4, 2026
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Turkish Airlines plane emergency landing after engine fire alert; passengers to depart on replacement flight at 6 am.
An Airbus A330-300 declared a PAN PAN due to a right-engine fire and diverted to Kolkata, landing safely on one engine after on-board fire detection and suppression brought the flames under control; passengers and crew were unharmed, housed overnight, and scheduled to continue on a replacement aircraft the next morning.
February 4, 2026
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Tamil Nadu budget allocations criticised as politically withheld ahead of assembly polls, despite central transfer figures cited in reply.
M K Stalin alleged the Union government withheld targeted budgetary allocations for Tamil Nadu ahead of Assembly elections, portraying the omission as politically motivated and harmful to the state's infrastructure needs; the Press Information Bureau, however, cited substantial tax devolution and grants-in-aid figures for Tamil Nadu in response.
February 4, 2026
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Uttar Pradesh streamlines industrial land allotment and creates plug-and-play clusters to boost MSME growth and approvals.
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February 4, 2026
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Teacher and peon held for accepting bribes to alter a student's birth date on a class 10 certificate; case registered.
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February 4, 2026
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DHFL granted IBC immunity from corporate prosecution for pre CIRP offences; former officers remain prosecutable in a money laundering case.
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Critical minerals: India warns of excessive concentration and urges de risking supply chains via international cooperation.
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US equities traded mixed as tech stocks pressured indices despite some upside from companies beating earnings; gold rose above USD 5,000 and silver jumped after volatile swings, reflecting safe-haven demand amid macro concerns. Treasury yields were steady with the 10-year little changed after mixed economic reports-softer private hiring and steady services growth but rising prices paid-producing nuanced signals for inflation and interest-rate expectations.
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India must boost economic share and strategic autonomy to convert growth into real international influence.
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February 4, 2026
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U.S. seeks allied critical minerals trading bloc using tariffs and stockpiles and financing to counter China.
The United States proposes a multilateral critical minerals trading bloc among allies to secure supply and stabilize prices by using tariffs to maintain price floors, preventing members from buying cheap Chinese materials, and providing access to financing. Complementary domestic measures include a USD 10 billion Export-Import Bank loan to create a Strategic Critical Minerals Reserve, direct investments in producers, and procurement controls for defense contractors to ensure reliable sourcing and to attract private investment in mining and downstream manufacturing.
February 4, 2026
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Airlines reroute long haul flights to avoid Iranian airspace, increasing flight times and fuel use.
Airlines rerouted long haul flights to avoid Iranian airspace, increasing flight times and fuel burn. IndiGo suspended Copenhagen and reduced Delhi-London and Delhi-Manchester wide body services due to changing airspace constraints, congestion, and strain on its 787 9 schedule. Air India uses alternative westbound routes to the US, UK and Europe and conducts a risk assessment process supported by global aviation safety agencies and security advisors to plan operations.

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Cracks in INDI Alliance in Tamil Nadu as Congress appears indecisive, says Sitharaman

February 4, 2026

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New Delhi, Feb 4 (PTI) Suggesting cracks within the INDI Alliance in Tamil Nadu, Finance Minister Nirmala Sitharaman questioned the Congress party's commitment to the DMK-led coalition, saying it was dilly-dallying on deciding whether to contest the upcoming assembly elections on its own or with DMK.

In an interview with PTI Videos, she said actor Vijay's entry has "stirred the electoral pot in Tamil Nadu", but only election results will be the best judge on his showing.

She also questioned why the ruling DMK appeared "insecure" despite completing a full five-year term while claiming good governance.

Sitharaman accused the DMK government of failing to address law and order issues, including drug trafficking, crimes against Scheduled Castes and women, and rising insecurity on university campuses.

"These are questions any opposition must raise," she said.

Commenting on the entry of actor Vijay into Tamil Nadu politics, Sitharaman said his presence had heightened interest in the state's elections and unsettled the ruling DMK.

"Only the final results of the election can prove it, but I think he stirred the electoral pot. And in fact, a lot of interest in Tamil Nadu's elections now is because of the way in which his party and he are playing," she said, adding that his entry has made DMK "insecure".

On speculation about the BJP courting Vijay, Sitharaman said politics was not about "who needs whom," adding that anyone was welcome, while stressing that the NDA alliance was united and moving forward.

She, however, turned her criticism on the INDI Alliance, questioning the Congress party's role and commitment in Tamil Nadu. Sitharaman said the Congress appeared dependent on alliances and uncertain about its political direction even months before elections.

"Questions must be asked of both Congress and DMK. After five years in power together, why the hesitation to continue?" she said.

"After five full years of claiming that they've done very good governance, Tamil Nadu's growth, Tamil Nadu has done this...very well, the state has done well. But why should there be that sense of insecurity now? Any number of people can enter electoral politics. A film actor or any other professional or anybody. So, in that league, if Vijay has come in, which is very well. The voters have a choice," she said.

She went on to launch a scathing attack on the ruling DMK alliance in the state, saying "lawlessness, drug (and other) offences are going unpunished".

"For a party, which speaks about social justice, the crimes against the scheduled caste, crimes against women of poorer sections of the society are going unpunished," she said, adding that questions are being raised about the close association of the drug mafia with people in higher-ups in the ruling dispensation.

"None of this has been answered," she said. "Universities are becoming unsafe places in Tamil Nadu. It was never like that. So, despite being in power for a full five years, the DMK has not answered any of these questions." Questioning the Congress party's intent of continuing alliance with DMK, she said the party appears to be split. "Do they want to go with DMK or do they want to be alone? Or do they want to go with somebody else?" These points are being mulled when elections are so close, she said.

"Is the INDI Alliance intact?" she asked.

"(In) Tamil Nadu's politics, where you are a national party, you couldn't come to power, you're dependent on the alliance. And at this stage, you're dilly-dallying about who you want to go; questions should be asked of Congress, questions should be asked of DMK. Five years you ruled together. Why don't they want to continue with you? Why would there be a division?" A national party, which went out of power in Tamil Nadu almost 50-55 years ago, has not been able to come back because it relies on alliance comfort, she said, questioning whether the Congress would continue with DMK or contest independently just months before the Assembly elections.

Sitharaman also emphasised that the BJP-led NDA alliance remained "tightly moving forward in unison".

Addressing why the BJP has struggled in much of southern India, Sitharaman said it would take time to dismantle what she called a "false propaganda", portraying the party as North Indian and Hindi-centric.

Pointing to the BJP’s growth in Goa and the northeast, she argued that claims of communalism did not hold. "If the BJP were communal, would these states accept it?" she asked.

Responding to questions about Tamil identity and regional pride, Sitharaman rejected the notion that the BJP lacked Tamil representation.

"I am a Tamil," she said, citing several BJP leaders from the state, including the Vice President of India, to counter claims that the party was alien to Tamil Nadu.

Asked about a larger role in state politics, Sitharaman said she was content with the responsibilities assigned by the party and Prime Minister Narendra Modi, adding that she would campaign if asked.

"I do my party’s work," she added. PTI VJ JD DP ANZ CS ANZ BAL BAL

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