Latest News: Union Budget 2026–27 Highlights: New Income Tax Act, 2025 to be effective from April 2026; simplified tax rules and forms will be notified soon * Safe harbor limit for IT services raised from ₹300 crore to ₹2000 crore * Foreign cloud service providers granted a tax holiday until 2047 * All non-residents paying tax on an estimated basis exempted from Minimum Alternate Tax * Securities Transaction Tax on futures trading increased from 0.02% to 0.05% * Customs duty exemption extended for capital goods used in lithium-ion battery cell manufacturing * Customs duty exemption granted for capital goods required in processing critical minerals * Tariff rate on goods imported for personal use reduced from 20% to 10% * Basic customs duty exemption extended to 17 medicines and drugs * BioPharma Shakti program with an outlay of ₹10,000 crore to build an ecosystem for domestic production of biologics and biosimilars * Proposal for a ₹10,000 crore SME Development Fund to support MSMEs * Public capital expenditure increased from ₹11.2 lakh crore to ₹12.2 lakh crore in FY 2026–27 * Seven high-speed rail corridors to be developed as Growth Transport Links for sustainable passenger systems * Indian Institute of Design Technology, Mumbai to set up AVGC content creation labs in 15,000 high schools and 500 colleges * A girls’ hostel to be built in every district to address challenges faced by female students in higher education and STEM institutions * In partnership with IIMs, a 12-week hybrid training program will upgrade skills of 10,000 guides across 20 tourist destinations * ICAR packages on agricultural portals and practices to be integrated with AI systems as a multilingual AI tool * Tax on foreign travel packages reduced from current five per cent and 20% to two per cent * Customs bonded warehouse framework revamped into an operator-centric system with self-declaration, electronic monitoring, and risk-based accounting * Indian share markets will be open for trading on Sunday, February 01, as the Union Budget is being presented on that day * Key Highlights of Economic Survey 2025–26: GDP & GVA Growth Estimates for FY 2026: First advance estimates at 7.4% and 7.3% respectively * India’s Core Growth Projection: Around 7%, with real GDP growth for FY 2027 expected between 6.8% and 7.2% * Central Government Revenue: Rose to 11.6% of GDP in FY 2025 * Non-Performing Assets: Declined to a multi-decade low of 2.2% * PMJDY Accounts: Over 552 million bank accounts opened by March 2025; 366 million in rural and semi-urban areas * Investor Base: Surpassed 120 million by September 2025, with women comprising ~25% * Global Trade Share: India’s export share doubled from 1% in 2005 to 1.8% in 2024 * Services Export: Reached an all-time high of $387.6 billion in FY 2025, up 13.6% * Global Deposits: India became the largest recipient in FY 2025 with $135.4 billion * Foreign Exchange Reserves: Hit $701.4 billion on January 16, 2026—covering 11 months of imports and 94% of external debt * Inflation: Averaged 1.7% from April to December 2025 * Foodgrain Production: Reached 357.73 million metric tons in 2024–25, up 25.43 MMT from the previous year * PM-Kisan Scheme: Over ₹4.09 lakh crore disbursed to eligible farmers since inception * Rural Employment Alignment: “Viksit Bharat – Jee Ram Ji” initiative launched to replace MGNREGA in the vision for a developed India by 2047 * Manufacturing Growth: 7.72% in Q1 and 9.13% in Q2 of FY 2026 * PLI Scheme Impact: ₹2 lakh crore in actual investment across 14 sectors; production and sales exceeded ₹18.7 lakh crore; over 1.26 million jobs created by September 2025 * Semiconductor Mission: Domestic capacity boosted with ₹1.6 lakh crore invested across 10 projects * Railway High-Speed Corridor: Expanded from 550 km in FY 2014 to 5,364 km; 3,500 km added in FY 2026 * Civil Aviation: India became the third-largest domestic air travel market; airports increased from 74 in 2014 to 164 in 2025 * DISCOMs Turnaround: Recorded first-ever positive PAT of ₹20,701 crore in FY 2025 * Renewable Energy: India ranked third globally in total renewable and installed solar capacity * Satellite Docking: India became the fourth country to achieve autonomous satellite docking capability * School Enrollment Ratios: Primary – 90.9%, Upper Primary – 90.3%, Secondary – 78.7% * Higher Education Expansion: India now has 23 IITs, 21 IIMs, and 20 AIIMS; international IIT campuses established in Zanzibar and Abu Dhabi * Maternal & Infant Mortality: Declined since 1990, now below global average

Hallowen Safety Tips For Families


Doctors at the Comprehensive Children’s Injury Centre at Cincinnati Children’s Hospital Medical Centre and experts in the Drug and Poison Information Centre offer these tips to make this year's holiday a safe one.

Costumes

•Avoid potential burn injuries: Look for flame-resistant materials for costumes and be particularly aware of open flamesin Jack O’ Lanterns
•Choose costumes that do not have sharp objects attached to masks or itself.
•Beware of costumes made with flimsy materials and outfits with big baggy sleeves or billowing skirts.
•Make sure masks allow for full vision.
•If your child wears a hat or scarf, make sure it fits securely and provides adequate ventilation.
•Apply non-toxic face paint or cosmetics as an alternative to masks.
•Make sure children wear properly fitting shoes.
•Plan costumes of highly visible colours.
•Adhere reflective tape or stickers to costumes or treat bags or have the child wear a reflective bracelet.
•Attach each child’s name, address and phone number to their clothes in case they become separated from adults.

Trick-or-treating

The most important thing to remember is to make children visible to automobile drivers. A child is four times more likely to be hit and killed by a car on Halloween than any other time.

•Give kids flashlights to carry.
•Accompany children under age 10.
•Allow children to travel only in familiar areas.
•Remind children to follow rules of crossing streets – look both ways and cross only atintersections and crosswalks.
•For people who are giving out treats, healthy food alternatives for trick-or-treaters include packages of low-fatcrackers with cheese, single-serve boxes of cereal, packaged fruit rolls, mini boxes of raisins and single-serve packetsof low-fat popcorn.
•Non-food treats may include plastic rings, pencils, stickers, erasers and coins.
•Do not allow children to eat any treats until they’ve been sorted and checked by an adult at home.
•Throw candy away if it appears to have been unwrapped and re-wrapped, or appears suspicious in any way.
•Do not allow young children to have any items that are small enough to present a choking hazard or that have small parts or components that could separate during use.

Children's Fears

Halloween can sometimes be a frightening holiday for children. To help ease the fright of "monsters" and unfamiliar sights, child psychologists at Cincinnati Children's say parents should help their children interpret Halloween as a make-believe situation. Show children that someone is just wearing a mask by asking that person to remove it. Parents should also have small children try on their costumes before Halloween. This exercise will give them time to get used to how they look.