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India on Tuesday recorded over 3.57 lakh fresh Covid-19 cases and 3,449 deaths over the past 24 hours. The tally of new Covid cases saw a slight dip from Monday's 3.68 lakh. With the 3,57,229 fresh cases in 24 hours, India's total case tally has crossed the 2-crore mark and reached 2,02,82,833. The total number of active Covid-19 cases in the country now stands at 34,47,133.
xpressing concern over surging coronavirus cases in India, America’s top public health expert and White House Chief Medical Adviser Dr Anthony Fauci on Monday recommended a nationwide lockdown, massive vaccination drive and the construction of a large number of makeshift hospitals.
“It is quite obvious to everyone that the situation in India is extremely serious," Dr Fauci, who is considered one of the world’s top infectious disease specialists, said, adding, "“When you have so many people getting infectedthe lack of the capability to take adequate care of everyone; when you have shortages of hospital beds and oxygen and shortages of supplies, that really becomes a very desperate situation. Which is the reason why we feel it's important for the rest of the world to help out, to the extent they can."
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In her 124-minute speech -- after which the Sensex plunged over 1,600 points before staging a partial recovery -- Finance Minister Nirmala Sitharaman announced a higher capital expenditure outlay of Rs 12.2 lakh crore for FY27 and set a fiscal deficit target of 4.3 per cent of GDP.
Prime Minister Narendra Modi said India’s 140 crore citizens are no longer content with being the world’s fastest-growing economy and want the country to become the world’s third-largest economy “as soon as possible.” He said the Union Budget gives equal importance to multiple sectors and lays the groundwork for achieving the vision of Viksit Bharat by 2047. Highlighting Nari Shakti, Modi praised Finance Minister Nirmala Sitharaman, calling the Budget historic for underscoring India’s commitment to women’s empowerment. “As a woman Finance Minister, Nirmala ji has set a new record by presenting the Union Budget for the ninth consecutive time,” the Prime Minister said, lauding her leadership and consistency.
On this India Today special report, Maria Shakil examines the significant crash in precious metal prices as gold and silver hit their lower circuits just ahead of the Union Budget. Maria Shakil noted that there has been a 'sudden increase post 2024 in the last two years and the increase has been rather sharp from 2025 January onward' before the current downturn. The programme explores the factors behind this parabolic rise and subsequent crash, including profit booking, the 'fear of missing out' (FOMO) among investors, and global geopolitical uncertainty. Analyst Rajiv Mantri contributes to the discussion, suggesting that the price volatility reflects a larger narrative regarding the status of the US dollar in the international economy and the search for safe-haven alternatives. The report provides a detailed graphic assessment of how prices have moved over the last year, highlighting the impact of global turbulence on Indian commodity markets.