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

Information overload compounds confusion


Recent tensions between India and Pakistan led to two separate battles—one fought by soldiers on the ground, and the other in the digital world, where digital warriors unleashed a barrage of information and fake news. 

As bullets flew on the ground, a storm of memes, fake images, and biased analysis erupted on social media. Platforms like X, formerly known as Twitter, WhatsApp, and others, spread these messages, leaving people confused and divided in their opinions. 

Today’s era is one of connectivity, yet the human mind feels constantly besieged. The convenience of being connected has ironically disconnected humanity. The information reaching us through social media, news alerts, notifications, SMS, calls, and spam emails is proving more harmful than beneficial. 

This deluge of information has clouded human judgment and reasoning. The constant stream of half-truths and false reports has created an environment where distinguishing fact from rumour has become difficult. The modern world has created its own Bhasmasur, a demon, who now threatens to consume it. 

Statistics tell the same story—an average person sees thousands of ads daily, receives dozens of notifications, and spends time scrolling through hundreds of posts, many of which contradict each other. 

Social media, originally designed to connect and inform, has now become a weapon for spreading lies and sensationalism. Renowned social commentator Prof Paras Nath Chaudhary says, "Falsehood spreads faster than truth. Research shows that online misinformation travels six times faster than factual information. This digital attack confuses people and erodes trust in institutions." 

Fake news comes in two forms. First is ‘Misinformation’, i.e. Unintentionally spread false information. Second is ‘Disinformation’, i.e. deliberately spread to deceive. Both leave the average person unable to discern truth, trapped in confusion. 

The result? Analysis paralysis. When choices become overwhelming—whether buying a product or forming an opinion—people struggle to decide. According to a leading psychologist, too many options leave people more anxious, stressed, and regretful. 

The constant need to stay connected has fueled FOMO, i.e. Fear of Missing Out. A 2023 study found that the average person checks their phone 96 times a day. Notifications, meant to inform, have now become distractions. Incomplete news and shocking headlines create stress, while the habit of sharing unverified content worsens the situation. 

In a digital war, rumours about troop movements and casualties go viral, first spreading fear and anger before the truth emerges. The impact is not just on individuals but on society as a whole. When the noise of information grows, there’s little room for reasoned discussion. Governments, once the guardians of information, now find themselves helpless against the wave of lies. 

The recent social media storm showed how a narrative can spread without verification. Bots and those with hostile agendas amplify it, while authorities struggle to contain the chaos. 

What can be done now? Individuals must control their digital diet by reducing notifications and verifying before sharing. Social media platforms must increase transparency. They should flag suspicious posts and stop fake news from spreading. 

Governments should promote media literacy so citizens can think critically. This is a battle against a monster of our own making. If we don’t act now, the noise will drown out our ability to think. 

In a world where information is both a weapon and a shield, using it wisely is the only way to prevent chaos.