Stock market benchmark indices Sensex and Nifty ended 2.5 per cent higher on Tuesday after India and the US agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18 per cent.
Amid disruptions in the Lok Sabha, opposition parties are protesting the denial of speaking rights to the Leader of Opposition, Rahul Gandhi, during discussions on the President's address. The Congress party draws parallels to a similar incident in 2004 when then-Prime Minister Manmohan Singh was prevented from speaking.
The finance minister said that consolidation of state-owned banks could proceed at any time without waiting for the recommendations of the proposed high-level committee on banking.
Union Minister Kiren Rijiju criticizes the behavior of opposition MPs in the Lok Sabha, alleging disruptive conduct and disrespect towards the Prime Minister and the House's dignity.
Prime Minister Narendra Modi urged industry and start-ups to focus on quality and make excellence a benchmark in manufacturing. He also lauded the start-up ecosystem and greeted the nation on National Voters Day and Republic Day.
Modi urged the youngsters to celebrate when they or a person around them becomes a voter for the first time.
Rijiju, however, did not specify when and who will give notice for privilege motion against Gandhi. It is believed that someone from treasury benches in the Lok Sabha will do so.
Union Minister Kiren Rijiju has accused Congress MPs of abusing Lok Sabha Speaker Om Birla in his chamber, alleging that senior Congress leaders were present and encouraging the behavior. The accusation follows days of disruptions in the Lok Sabha over Rahul Gandhi's attempt to discuss excerpts from a former Army chief's unpublished memoir.
The Kremlin states it has not received confirmation from India regarding a halt to Russian oil purchases, following claims made by former US President Donald Trump. Russia affirms its commitment to strengthening relations with India.
Prime Minister Narendra Modi hosted Olympic gold medallist Neeraj Chopra and his wife Himani Mor at his official residence at 7, Lok Kalyan Marg, in New Delhi on Tuesday.
United States President Donald Trump on Tuesday boasted about India-US defence cooperation, claiming that India's order for 68 Apache attack helicopters was delayed by five years and that Prime Minister Narendra Modi personally raised concerns over the long delivery period during a meeting with him.
Armed CRPF commandos will accompany him during his travels across the country, they added.
Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget, focusing on investments and growth. The speech was marked by its business-like approach and lack of cultural references, while opposition members raised concerns about regional representation.
Rahul Gandhi claims the Indo-US trade deal will compromise the data security of 1.5 billion Indians, alleging Prime Minister Modi is surrendering India's data resources to the US. He warns of potential job losses in the IT sector due to AI and the importance of controlling India's data pool.
The Kremlin has confirmed that Russian President Vladimir Putin has received an invitation to join US President Donald Trump's Gaza Peace Board and is currently considering the offer.
The Congress recalled that on June 10, 2004, then Prime Minister Manmohan Singh was prevented by the BJP from speaking on the Motion of Thanks to the President's Address.
India will maintain multiple sources for crude oil purchases and diversify them to ensure stability in the supply chain with national interests remaining the "guiding factor" for the procurement, Foreign Secretary Vikram Misri said.
From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.
The Kremlin has stated that India is free to purchase oil from any country, dismissing claims that India agreed to reduce Russian oil imports. Russia maintains that energy trade with India benefits both nations and contributes to international energy market stability.
Uddhav Thackeray asserts that his alliance with MNS chief Raj Thackeray is permanent, dismissing speculation about their unity ahead of civic elections.
Nitin Nabin has been formally declared as the BJP national president, succeeding J P Nadda. The leadership transition was witnessed by Prime Minister Narendra Modi and other senior ministers.
Cracks appeared in the opposition ranks as some parties showed willingness to participate in the budget debate, while the government insisted on equal speaking opportunities for all members amidst ongoing disruptions.
Two Naxalites, carrying a collective reward of Rs 7 lakh, were killed in an encounter with security forces in Bijapur district of Chhattisgarh. The operation was launched based on inputs about the presence of Maoist cadres in the area.
In a veiled attack on US President Donald Trump, Canada's Minister of Energy and Natural Resources Tim Hodgson on Tuesday said India's free trade agreement with the European Union is a "perfect" answer to global hegemons that use tariffs and economic integration as tools of coercion.
Over the years, India-EU ties have grown, and covered trade, investment, climate change, science and technology, space, digital, mobility, and connectivity.
The BJP and Shiv Sena are leading in the early trends of the Zilla Parishad and Panchayat Samiti polls in Maharashtra. Counting began on Monday morning for elections to 12 Zilla Parishads and 125 Panchayat Samitis.
The Congress party has accused the government of stifling opposition voices in the Lok Sabha, alleging that opposition leaders are not being allowed to express their views while the government side faces no such restrictions.
RSS chief Mohan Bhagwat stated that the Sangh's objective is to unite society, not to seek power or become a pressure group. He emphasized that the RSS is not against anyone and aims to support positive efforts in the country.
Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.
This was the first-ever double Super Over in the history of the T20 World Cup.
Prime Minister Narendra Modi led the 'Shaurya Yatra' in Somnath, Gujarat, honouring those who defended the Somnath temple. He also offered prayers and paid tribute to Sardar Vallabhbhai Patel.
Sunetra Pawar, wife of late NCP leader Ajit Pawar, was sworn in as Maharashtra's first woman deputy Chief Minister after being elected as the leader of the NCP legislature wing.
'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'
MEA spokesperson Randhir Jaiswal said India's energy decisions are guided by national interest.
Both India and the EU are likely to announce a conclusion of trade talks on January 27.
Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.
'Demand to confer the Bharat Ratna on Nitishji is to sideline him in politics and force him to retire from politics.'
The Bharatiya Janata Party on Tuesday said it held a formal meeting with a Chinese delegation openly, given the "improved" relations between New Delhi and Beijing, unlike the Congress which, it alleged, "secretly" signed a memorandum of understanding with the neighbouring country's ruling party.
European Commission President Ursula von der Leyen says India and the EU are close to a 'historic trade agreement' that could create a market of two billion people and account for almost a quarter of the global GDP.
Prime Minister Narendra Modi congratulated Nitin Nabin on his election as the BJP national president and declared that the young leader will be his boss in matters related to the party.
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