MBA Entrance (XAT, CMAT, MAT) Current Affairs One-liners — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Wed, 11 Feb 2026
Mon, 09 Feb 2026
Sun, 08 Feb 2026
Sat, 07 Feb 2026
Fri, 06 Feb 2026
Wed, 04 Feb 2026
Mon, 02 Feb 2026
- The Central Government notified the Baggage Rules, 2026 on 2 February 2026, raising the general duty-free allowance for residents to ₹75,000 and adding a weight-based jewellery allowance.
- US President Donald Trump announced on 2 February 2026 that the US tariff on Indian goods would fall to 18% from 25%, and Prime Minister Narendra Modi thanked him in a phone call the same day.
Sun, 01 Feb 2026
- The Ministry of Defence was allocated a record ₹7.85 lakh crore in the Union Budget 2026-27 on 1 February 2026, 15.19% higher than the 2025-26 Budget estimate.
- The Union Budget 2026-27, presented on 1 February 2026, confirmed that the new Income Tax Act, 2025 takes effect from April 2026 and cut TCS on overseas tour packages and on LRS remittances for education and medical treatment to 2%.
- The Union Budget 2026-27, presented on 1 February 2026, announced Biopharma SHAKTI with ₹10,000 crore over five years, India Semiconductor Mission 2.0, dedicated Rare Earth Corridors in four states and a ₹10,000 crore container manufacturing scheme.
- Presenting the Union Budget 2026-27 on 1 February 2026, Finance Minister Nirmala Sitharaman said the government had accepted the 16th Finance Commission's recommendation to retain the states' vertical share of devolution at 41%.
- The Union Budget 2026-27, presented on 1 February 2026, raised public capital expenditure to ₹12.2 lakh crore and announced an Infrastructure Risk Guarantee Fund and CPSE REITs.
- The Union Budget 2026-27, presented on 1 February 2026, gave Indian Railways a record capital expenditure of ₹2,93,030 crore and announced seven high-speed rail corridors and a new Dankuni–Surat dedicated freight corridor.
- The Union Budget 2026-27, presented on 1 February 2026, proposed cutting the tariff on all dutiable goods imported for personal use from 20% to 10% and exempting 17 drugs, mainly for cancer, from basic customs duty.
- Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament on 1 February 2026, estimating the fiscal deficit at 4.3% of GDP and total expenditure at ₹53.5 lakh crore.
Sat, 31 Jan 2026
Thu, 29 Jan 2026
Wed, 28 Jan 2026
Tue, 27 Jan 2026
- PM Narendra Modi and European Commission President Ursula von der Leyen announced the conclusion of the India–EU FTA at the 16th India–EU Summit in New Delhi on 27 January 2026; over 99% of Indian exports by value get preferential entry into the EU.
- The 16th India–EU Summit on 27 January 2026 produced the 'Towards 2030' Joint Comprehensive Strategic Agenda, a Security and Defence Partnership, a mobility MoU and a Green Hydrogen Task Force, alongside the FTA.
Mon, 26 Jan 2026
Sun, 25 Jan 2026
- President Droupadi Murmu approved gallantry awards to 70 Armed Forces personnel, including six posthumous, with the Ashoka Chakra going to IAF Group Captain Shubhanshu Shukla.
- On the eve of Republic Day, the President approved 131 Padma Awards for 2026 — 5 Padma Vibhushan, 13 Padma Bhushan and 113 Padma Shri.
Fri, 23 Jan 2026
Thu, 22 Jan 2026
Wed, 21 Jan 2026
- The Ministry of Power released the Draft National Electricity Policy 2026 on 21 January 2026; once final, it will replace the policy notified in 2005.
- The Union Cabinet on 21 January 2026 approved equity support of ₹5,000 crore to the Small Industries Development Bank of India, to be infused in three tranches up to FY 2027-28.
- The Union Cabinet on 21 January 2026 approved continuing the Atal Pension Yojana up to FY 2030-31, with funding support for promotion, development and gap funding.