THE HEADLINES:
- Prime Minister Narendra Modi says trade deal between India and US reflects the government’s consistent and measured approach to global trade negotiations.
- Several Union Ministers term the India-US agreement a win-win deal; Industry bodies say this will boost bilateral trade and create employment opportunities.
- Sensex climbs over 2 thousand points following upbeat momentum.
- Lok-Sabha adjourned till 2 PM following uproar by opposition members; Speaker Om Birla appeals to opposition members to allow the house to function.
- Union Minister Ashwini Vaishnaw announces successful breakthrough of second mountain of Mumbai-Ahmedabad bullet train in Maharashtra’s Palghar.
- Supreme Court warns tech giants like Meta, against sharing data of Indians.
- In Women’s Premier League Cricket, Gujarat Giants to take on Delhi Capitals in eliminator clash in Vadodara this evening.
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Prime Minister Narendra Modi today said that India’s landmark trade agreement with the United States is the result of sustained patience. He said this while addressing NDA MPs at the Parliamentary party meeting today. According to Sources, Prime Minister Modi said the trade deal has created an economic environment and reflected the Government’s consistent and measured approach to global trade negotiations. He said, the opposition criticised the tariffs but the Government remained patient and the results are now visible. The Prime Minister said, the world order is changing and its trajectory is increasingly tilting towards India.
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NDA MPs today felicitated Prime Minister Narendra Modi for the landmark India-US trade deal during the NDA Parliamentary party meeting at the Parliament House complex. Talking to reporters after the meeting, Parliamentary Affairs Minister Kiren Rijiju said the trade deal with the US is historic and it comes within just a week after the India-EU Free Trade Agreement was signed. He said, under the leadership of Prime Minister Modi, all developed countries want to work in coordination with India. Mr Rijiju informed that so far Free Trade Agreements have been signed with 39 countries.
Newly elected BJP National President Nitin Nabin was also felicitated at the NDA Parliamentary party meeting.
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Prime Minister Narendra Modi earlier announced that Made in India products will now have a reduced US tariff of 18 percent. He made the announcement in a social media post after talking to US President Donald Trump. The Prime Minister stated that it was wonderful to speak with his dear friend President Trump adding that when two large economies and the world’s largest democracies work together, it benefits people and unlocks immense opportunities for mutually beneficial cooperation.
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Union Ministers Amit Shah, Dr S Jaishankar, Rajnath Singh, Ashwini Vaishnaw, Piyush Goyal, Kiren Rijiju, Nitin Gadkari, JP Nadda and Annapurna Devi have congratulated Prime Minister Narendra Modi and US President Donald Trump, as well as the people of India and the United States on the landmark trade agreement. In a social media post, Union Information and Broadcasting Minister Ashwini Vaishnaw has termed the landmark trade agreement a win-win deal. Mr Vaishnaw said, together, India and the US have huge potential to work for peace and development. He said that citizens and industries of both the countries will benefit greatly from this deal.
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The India-US trade agreement, which lowers US tariffs on Indian goods to 18 per cent has drawn praise from various Chief Ministers. Welcoming the agreement, Andhra Pradesh Chief Minister N. Chandrababu Naidu called it a landmark step for global economic stability. Uttar Pradesh Chief Minister Yogi Adityanath said it will be a major boost to Make in India. Rajasthan Chief Minister Bhajan Lal Sharma said that the world is looking at India with hope and optimism. Odisha Chief Minister Mohan Charan Majhi and Bihar Deputy Chief Minister Samrat Choudhary also welcomed the deal.
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ASSOCHAM hailed the India-US trade deal, saying that it has set a new era of global trade leadership. In a statement, President ASSOCHAM Nirmal K Minda said that bilateral trade between India and the US is expected to reach 500 Billion dollars in the next five years. He highlighted that India has achieved a major breakthrough in its trade relations with the United States with the reduction of tariff rates by the US on Indian exports to 18 per cent.
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The Federation of Indian Export Organisations (FIEO) has also welcomed the finalisation of the India-US Trade Deal. FIEO President S C Ralhan described the development as a historic milestone for Indian exporters, saying the tariff reduction will enhance the competitiveness of the country’s products in the US market.
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Confederation of All India Traders (CAIT) has hailed the India-United States trade agreement and described it as a landmark step in deepening economic ties between the world’s two largest democracies. Secretary General of the CAIT, Praveen Khandelwal said this agreement will significantly enhance bilateral trade, attract greater investment, and create large-scale employment opportunities, particularly for India’s MSMEs, startups and manufacturing sector.
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Managing Director and CEO of the National Stock Exchange of India, Ashish Kumar Chauhan today hailed the India-US trade deal and described it as an engine of innovation. Talking to Media in New Delhi, Mr Chauhan said the deal is mutually beneficial for both the countries in terms of technology, labour and electronic exports.
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Confederation of Indian Industry- CII today lauded the India-US Trade deal, calling it a significant step towards the strategic economic partnership between both the nations. CII President, Mr Rajiv Memani, said that the expected reduction to 18 percent will enhance the global competitiveness of Indian products while catalysing manufacturing growth, employment creation and the development of resilient supply chains.
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The Lok Sabha and Rajya Sabha have resumed discussion on motion of thanks on President’s address. The discussion which began yesterday was moved in Lok Sabha by Union Minister Sarbananda Sonowal and in Rajya Sabha by nominated MP C Sadanandan Master. President Droupadi Murmu had addressed the joint sitting of both Houses on 28th January.
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Earlier, today Lok Sabha was adjourned till 2 PM following uproar by opposition members. When the House assembled at 12 noon after the first adjournment, the opposition parties continued sloganeering which led to adjournment till 2 PM. Earlier when the House began proceedings at 11 AM, Lok Sabha Speaker Om Birla made obituary reference over the demise of former MP Surupsing Hirya Naik. The House also observed silence as a mark of respect to the departed leader.
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Union Railways Minister Ashwini Vaishnaw today announced the successful breakthrough of the second mountain of the Mumbai-Ahmedabad High-Speed Rail (MAHSR) project in Palghar of Maharashtra. This marks a key milestone in the country’s ambitious bullet train corridor. Speaking on the occasion, Mr Vaishnaw informed that the breakthrough of the second mountain tunnel in Palghar has been achieved in a month with the first breakthrough happening on 2nd January this year.
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Federation of Indian Chambers of Commerce and Industry, FICCI President Anant Goenka today said the Union Budget 2026-27 provides policy clarity, reform continuity and macroeconomic stability despite global economic challenges. Addressing a session on Union Budget 2026-27 organised by FICCI in New Delhi, he appreciated the government’s commitment to fiscal consolidation along with a strong push for public capital expenditure.
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The Supreme Court today said that tech giants cannot play with citizens_ right to privacy in the name of data sharing. The court came down heavily on Meta and WhatsApp while hearing their appeals against a Competition Commission of India order imposing a penalty of 213.14 crore rupees over their privacy policy. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M. Pancholi said it would pass an interim order on February 9. The court also directed that the Ministry of Electronics and Information Technology be made a party to the petitions. Appearing for the government, Solicitor General Tushar Mehta criticised the exploitative practice of sharing user data for commercial purposes. Responding to this, the Chief Justice said that if the Constitution cannot be followed, those responsible should leave India, adding that citizens_ privacy will not be compromised.
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Benchmark domestic equity indices, Sensex and Nifty, were trading on a bullish note in afternoon trade today, climbing around 2.8 per cent. The Sensex soared 2,301 points to 83 thousand and 968, while the Nifty advanced 710 points to 25 thousand and 799, when reports last came in. All sectoral indices surged, with Realty, Services, Power and Capital Goods emerging as the major gainers. Market sentiment improved significantly after the India-US trade deal announcement removed a key overhang.
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In the Women’s Premier League Cricket, Gujarat Giants will take on Delhi Capitals in the crucial Eliminator clash at the BCA Stadium in Kotambi, Vadodara today. The match is scheduled to begin at 07:30 PM. The winner of this match will directly take on Royal Challengers Bengaluru in the final match on Thursday. Smriti Mandhana led RCB Women already booked their spot in the title clash as table toppers in the league stage.
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The 6th edition of Badminton Asia Team Championships is set to begin in Qingdao, China today. Separate men’s and women’s national teams from Asia will compete in the tournament. Tanvi Sharma, Unnati Hooda, Malvika Bansod and the pair of Treesa Jolly and Gayatri Gopichand are part of the Indian Women’s team. Lakshya Sen, HS Prannoy, Kidambi Srikanth and doubles pair Satwiksairaj Rankireddy and Chirag Shetty will lead the men’s side. Both Indian men’s and women’s sides will begin their campaign tomorrow.
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THE HEADLINES ONCE AGAIN:
- Prime Minister Narendra Modi says trade deal between India and US reflects the government’s consistent and measured approach to global trade negotiations.
- Several Union Ministers term the India-US agreement a win-win deal; Industry bodies say this will boost bilateral trade and create employment opportunities.
- Sensex climbs over 2 thousand points following upbeat momentum.
- Union Minister Ashwini Vaishnaw announces successful breakthrough of second mountain of Mumbai-Ahmedabad bullet train in Maharashtra’s Palghar.
- Supreme Court warns tech giants like Meta, against sharing data of Indians.
- In Women’s Premier League Cricket, Gujarat Giants to take on Delhi Capitals in eliminator clash in Vadodara this evening.
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