Daily Current Affairs, News Headlines 02.02.2025

National Updates

• Finance Minister Nirmala Sitharaman yesterday presented the first full-fledged budget of the third term of the NDA government. Presenting the budget in Lok Sabha, the finance minister announced that the Nil Tax Slab is now extended up to 12 lakh rupees income.
• The Centre has announced the addition of four new Ramsar sites in India, taking the tally to 89.
• FICCI & CII Welcome Union Budget 2025 for Focus on Tourism, Marine Sector & Tax Relief for Middle Class
• On the raising day of the Indian Coast Guard, Prime Minister Narendra Modi lauded the force for its bravery, dedication, and relentless vigilance in protecting the country’s vast coastline.
• Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan said that the Cotton Productivity Mission announced in the Union Budget 2025 intends to increase not only the productivity of cotton but also its quality.
• The inaugural edition of the Indian Navy Half Marathon will be held in New Delhi today. The event will be hosted at the Jawaharlal Nehru Stadium, with the race route covering India Gate and the historic Kartavya Path.

International Updates

• Indian business leaders in Dubai have offered a strong endorsement of India’s 2025 Union Budget, highlighting its strategic focus on long-term growth and comprehensive development across multiple sectors.
• In Canada, Prime Minister Justin Trudeau stated that his country is ready to deliver a “purposeful, forceful but reasonable, immediate” response if U.S. President Donald Trump imposes tariffs on Canadian imports.
• In a major development, Hamas has handed three hostages over to the Red Cross in the southern Gaza Strip as part of its ceasefire deal with Israel. The militants released Yarden Bibas and French-Israeli Ofer Kalderon in a highly stage-managed and orderly handover to the Red Cross.
• The White House has confirmed that President Donald Trump will be slapping aggressive tariffs on major US trading partners, including China, Canada, and Mexico, from today.
• Sri Lanka has issued a gazette notifying the relaxation of restrictions on the import of cars. This announcement indicates that the country is gradually returning to normal after a severe economic crisis.

Sports Updates

• In the European Outdoor Championships, India’s Tejas Shirse bagged the silver medal in the Men’s 60-meter Hurdles at the Meeting Miramas Métropole in France last night. He also set a new national record with a time of 7.64 seconds, surpassing his previous best of 7.65 seconds.
• Legendary former cricketer Sachin Tendulkar honoured with the BCCI’s Lifetime Achievement Award at the Board’s annual gala in Mumbai. Tendulkar became the 31st recipient of the prestigious award.

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