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February 03
08:41
2026
By. BV Phani Kumar
Trending Highlights: Feb 2-3, 2026
20 Global Highlights
- Trump Urges End to US Shutdown: President Trump called on House to vote quickly to resolve partial government shutdown affecting defense and homeland security departments, now in fourth day.
- US Dollar Sharp Decline: Dollar saw biggest single-day drop since April amid Trump’s “liberation day” policies and Fed rate cut expectations, raising economy concerns as a “double-edged sword.”
- Trump Tariffs on Mexico, Canada, China: New 25% tariffs imposed on key partners, prompting countermeasures; fulfills campaign promise but tests trade strategy aggressively.
- RFK Jr. HHS Nomination Battle: Sen. Cassidy’s vote critical for Robert F. Kennedy Jr.’s confirmation as Health Secretary; opposition could block amid primary challenges.
- McConnell Criticizes Trump Pardons: Senate leader called Jan 6 pardons a “mistake,” rejecting “day of love” label as insurrection; highlights GOP internal rift.
- Rubio Warns Panama on China Canal: Secretary Rubio told Panama US may act if China controls canal, protecting treaty rights amid tensions.
- Trump Fed Chair Announcement: President to name Federal Reserve chair pick soon, threatening changes amid criticisms of past policy.
- US Labels Muslim Brotherhood Terrorist: State Dept blacklists branches in Egypt, Lebanon, Jordan as terrorist groups, escalating anti-extremism efforts.
- Global Terror Forecast 2026: 60-70% attacks in Africa/Asia/Middle East; West faces periodic hits from unintegrated communities, post-NY Eve cancellations.
- Trump Ukraine-Russia Talks: Administration schedules meetings with Ukraine, Russia parties to address conflicts.
- Dollar Bear Market Fears: Post-2025 decline, analysts warn further fall from Trump’s dovish Fed pressure and asset selling wave.
- EU Tariff Threats from Trump: 10% tariffs warned on 8 European nations over Greenland unless deal reached by Feb 1.
- Fentanyl Tariffs on China Raised: US hiked to 20% on Chinese goods via emergency powers, targeting trafficking.
- Cuba Oil Tariff Process: Executive order sets tariffs on countries selling oil to Cuba.
- Western Cities Security Cuts: NY Eve events scaled back due to safety fears after Sydney attack.
- US-India Trade Deal Impact: Tariffs cut to 18% on Indian goods, boosting diversification amid US protectionism.
- Trump Pardon Backlash Grows: Over 1,000 Jan 6 rioters freed, deepening party divisions.
- Fed Leadership Shift Looms: Trump eyes changes criticizing Powell, skewing to dovish rates.
- Panama Canal Tensions Rise: US signals intervention against Chinese influence.
- Global Trade Map Tilts: India’s deals with US/UK/EU counter China investments.
30 India & Telugu States Highlights
- SC Declares Menstrual Hygiene Right: Supreme Court landmark ruling recognizes it as fundamental, boosting women’s health access.
- SC Stays UGC 2026 Regulations: Interim order halts new equity rules for vagueness/misuse risks; 2012 rules continue via Article 142.
- Bihar GDP Surges to Rs 9.9L Cr: Outpaces India with manufacturing boom, capital shift in Economic Survey.
- India-US Trade Deal Cuts Tariffs: From 25% to 18%, aiding exports; talks resume with Canada/Israel.
- Union Budget Hikes Defense: Post-Operation Sindoor, sharp spend rise for security/indigenous arms.
- Sensex Plunges 1,500 Points: Markets crash on Budget fiscal worries, Nifty down 500.
- TMC Protests Police Mobilization: Trinamool MPs rally in Lok Sabha over Bengal guest house forces.
- Bengal STF Seizes 296kg Ganja: Worth Rs 80L, two arrested in anti-drug op.
- Rahul Doklam Statement Chaos: Lok Sabha adjourned amid uproar on China incursion claims.
- Mamata Meets EC on Forces: TMC delegation to Delhi EC over guest house security.
- Bihar Budget Session Starts: Focus on law-order improvements.
- Telangana CM Revanth Reddy US Tour Ends: Returns after meetings, boosting investments.
- Tirumala Laddu Issue Explains: Minister Nadendla to clarify prasadam controversy at grassroots.
- JEE Main Applications Extended: Till Feb 25 by NTA; exams April 2-9.
- TS Municipal/GHMC Elections Feb: Nominations filed, scrutiny from Feb 3; 19k+ papers last day.
- AP Politics Alliances Shift: YSRCP, TDP, JSP debates intensify on governance/welfare.
- TS Congress vs BRS Clashes: Ruling govt faces opposition on reforms/enquiries.
- Rare Earth Corridors vs China: Budget push to cut imports, strategic trade boost.
- Banking Reforms: PFC/REC Restructure: Sea change for financial sector.
- Budget Ignores Unemployment: Unions slam lack of social security focus.
- Livestock/Fisheries Schemes Funded: Rs boost for rural economy.
- Rs 20k Cr Carbon Capture: New scheme for climate tech.
- Buddhist Circuits Tourism Push: Hiking trails for growth.
- Fiscal Rule Impacts Growth: Editorial notes spending curbs.
- BITS Pilani Goa Suicide: Another student death, ‘contagion’ probe; 6 in 15 months.
- India Sets Digital Payments Agenda: UPI/CBDCs lead at BRICS.
- EAM at US Critical Minerals Meet: Key diplomacy.
- YSR Congress Vangaveeti Critique: Alleged political stifling by ex-CM Rajasekhara Reddy.
- Delhi Apollo Hospital Issue: Govt to SC on refusing poor treatment.
- Pakistan Boycotts India T20 Match: Amid tensions.
5 Editorials
- New Fiscal Rule Analysis: Balances growth/spending but risks deficits; key for Budget 2026-27 in strong economy.
- India-US Trade Reaffirms Alliance: Counters China; hazy ties clarified via deals.
- Banking Sea Change Needed: Restructuring PFC/REC vital for reforms.
- Unemployment Overlooked: Unions decry Budget’s social security gaps.
- CCUS Funding Strategic: Rs 20k Cr push aligns climate goals with tech.




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