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President Murmu feeds customary ‘dahi-cheeni’ to FM Sitharaman

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New Delhi, Feb 1: Ahead of presenting the Union Budget in Parliament, Finance Minister Nirmala Sitharaman met President Droupadi Murmu in the Rashtrapati Bhawan on Saturday.

The President fed her ‘dahi-cheeni’, a ritual performed by elders in Indian families to bestow good luck before undertaking important tasks.

This year’s Budget is the eight consecutive Budget for Finance Minister Sitharaman and the Modi government’s 14th straight Budget.

Earlier in the day, FM Sitharaman and her team posed for a traditional picture outside the Finance Ministry. She wore an off-white coloured handloom silk saree with fish-themed embroidery and a golden border – a tribute to Madhubani Art. She wore a red blouse with the saree and displayed the red ‘bahi-khata’ tablet with the national emblem.

In 2019, FM Sitharaman broke the long-standing tradition of a Budget briefcase with a ‘bahi khata,’ a red-coloured Indian accounting ledger. In 2021, the Finance Minister presented the Budget in a paperless format, using a ‘Made in India’ tablet.

Nirmala Sitharaman, who surpassed the record of former Prime Minister and Finance Minister Morarji Desai last year, is set to present the Union Budget for 2025-26 in Parliament on Saturday.

Finance Minister Sitharaman will deliver the Budget speech in the Lok Sabha from 11 a.m. on Saturday.

The Budget Session of Parliament which commenced on Friday, will be conducted in two phases – the first started on January 31 and will conclude on February 13, while the second phase will begin on March 10 and end on April 4.

This year’s Union Budget is expected to maintain the government’s focus on promoting economic growth while ensuring equity.

The government is expected to prioritise improving the quality of life in rural areas to ensure equitable and inclusive development.

According to the Economic Survey 2024-25, financial inclusion is a key focus, with rural households and small businesses getting easier access to credit through microfinance institutions, self-help groups and other intermediaries.

International News

India bans all imports from Pakistan amid rising tensions

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New Delhi, May 3: India has banned all imports – direct and indirect – from Pakistan amid rising tensions with the neighbouring country over the barbaric Pahalgam terror attack.

According to a notification by the Commerce Ministry, “Direct or indirect import or transit of all goods originating in or exported from Pakistan, whether or not freely importable or otherwise permitted, shall be prohibited with immediate effect, until further orders.”

“This restriction is imposed in the interest of national security and public policy. Any exception to this prohibition shall require prior approval of the Government of India,” said the notification.

A provision in this regard has been added in the Foreign Trade Policy (FTP) 2023 “to prohibit direct or indirect import or transit of all goods originating in or exported from Pakistan,” it said in the notification dated May 2.

As per official data, India’s exports to Pakistan fell 56.91 per cent year-on-year between April 2024 and February 2025 to $491 million, while there were no imports. Top exports to Pakistan in FY25 included drug formulations, sugar, bulk drugs, residual chemicals and auto components.

The Attari-Wagah border, the sole trade route between India and Pakistan, had already been closed in the aftermath of the Pahalgam attack.

At least 26 civilians, including a Nepalese tourist and a local pony guide operator, were massacred by terrorists in the scenic Baisaran meadow in Jammu and Kashmir on April 22. The relations between the two nations soured as terror links to Pakistan emerged.

As per official data, India’s exports to Pakistan fell 56.91 per cent year-on-year between April 2024 and February 2025 to $491 million, while there were no imports.

Top exports to Pakistan in FY25 included drug formulations, sugar, bulk drugs, residual chemicals and auto components.

Meanwhile, the ongoing tension with India has shaken the confidence of investors in Pakistan badly, setting the country on course to record its worst performance in dollar bonds and stocks since 2023.

The investors have lost at least four per cent during April, while equities are down by three per cent. In comparison, India’s assets have largely been invulnerable.

Global powers, including the United States, have called on both parties to show restraint and de-escalate tensions.

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National News

Congress expressed grief over the stampede at Lerai Devi Jatra in Goa, expressed condolences to the victim families

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Panaji, May 3: A tragic accident took place during the Lerai Devi Jatra in Shirgaon, Goa. More than 5 people lost their lives in a sudden stampede during the religious event. The Goa Pradesh Congress Committee (GPCC) has expressed deep grief over the incident and expressed its condolences to the victim families.

The Goa Pradesh Congress Committee issued an official statement expressing deep grief over the stampede incident. Amarnath Panjikar, Chairman, Media Cell, GPCC said, “The Goa Pradesh Congress Committee (GPCC) is deeply saddened by the tragic incident that took place during the Shirgaon Yatra where a stampede resulted in the loss of innocent lives and injuries to many others. We offer our heartfelt condolences to the bereaved families who have lost their loved ones in this unfortunate tragedy. Our thoughts and prayers are with them in this hour of grief. We also pray for the speedy and complete recovery of all those who have been injured. The GPCC stands in solidarity with the affected families and the entire community of Shirgaon.”

He further added, “We urge Chief Minister Dr Pramod Sawant to ensure that all necessary medical and financial assistance is provided immediately to the families of the deceased and injured. We also request the State Government to extend full cooperation to the Devasthan Committee to ensure safe and smooth conduct of the remaining four days of the Lerai Yatra during which lakhs of devotees visit Shirgaon to receive the holy Kaul of the Goddess. It is imperative that adequate security, crowd management and emergency response measures are put in place to prevent any mishap during the ongoing celebrations. The GPCC reiterates its commitment to the well-being and safety of the people of Goa and extends full support to any initiative aimed at preserving the sanctity and cultural significance of the Lerai Jatra.” Goa AICC in-charge Manikrao Thackeray wrote on social media platform X, “I am saddened by the news of stampede during the religious pilgrimage of Shri Lerai Devi in ​​Goa. According to reports, at least 7 people have died and 30 others have been injured in this accident. Goa in-charge Manikrao Thackeray has immediately left for Goa from Delhi. He will meet the injured devotees at the Medical College and get complete information about the incident.” Goa Congress also expressed grief and wrote on ‘X’, “Goa Congress is deeply saddened by the stampede at the Jatrotsav of Shri Lerai Devi Shirgaon. We express our heartfelt condolences to the families who lost their loved ones in this tragic incident. Wishing speedy recovery to all the injured.” Congress MP Rahul Gandhi also expressed grief and wrote, “The news of the death of many devotees and injuries in a stampede during the annual pilgrimage to the Lerai Devi temple in Shirgaon, Goa is very sad. I express my deepest condolences to all the bereaved families. Also, I hope for the speedy recovery of all the injured.”

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International News

Important to strengthen cooperation between two countries: Angolan Prez Lourenco on State Visit to India

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New Delhi, May 3: Angola’s President Joao Manuel Goncalves Lourenco on Saturday was accorded a ceremonial welcome at the forecourt of the Rashtrapati Bhavan, following which, he expressed hope in strengthening the bilateral ties between the two nations.

President Droupadi Murmu and Prime Minister Narendra Modi welcomed the Angolan President as he arrived at Rashtrapati Bhavan.

The Angolan President arrived in New Delhi on Friday for the first official state visit by a President from that country to India in 38 years. The four-day visit aims to boost diplomatic, economic, and strategic ties between the two nations.

Speaking to the reporters following the ceremonial welcome, President Lourenco said, “We have arrived in New Delhi, the capital of India, to hold this state visit, which is taking place after 38 years.”

“We see this visit as an important one for Angola in order to strengthen the bonds of friendship and cooperation between the two countries. We are very thankful for the friendly and hospitable manner in which we were received yesterday by the people of India,” he added.

Upon his arrival in India on Friday, President Lourenco was warmly received at the airport by Minister of State (MoS) for External Affairs Kirti Vardhan Singh. He is accompanied by a high-level delegation that includes several ministers, senior officials, and representatives from prominent business houses.

“Warm welcome to President Joao Manuel Goncalves Lourenco of Angola as he lands in New Delhi on a State Visit. President is accompanied by a high-level delegation, including several ministers, senior officials, and business houses. On arrival, the President was accorded a special welcome and received by MoS Kirti Vardhan Singh at the airport,” the Ministry of External Affairs (MEA) posted on X.

Minister Kirti Vardhan Singh also shared the welcome message on his social media handle on X, saying, “Pleased to welcome President Joao Manuel Goncalves Lourenco of Angola on a State Visit to India.”

This significant visit coincides with the 40th anniversary of diplomatic relations between India and Angola. According to the MEA, it marks the first visit by an Angolan President to India since 1986.

During his stay, President Lourenco is scheduled to hold separate meetings with Prime Minister Modi and President Murmu. He will also engage in delegation-level discussions with Prime Minister Modi, who is expected to host a luncheon in his honour.

“A number of MoUs and agreements are expected to be signed during the visit, which will give a boost to bilateral relations,” the MEA said in an official statement.

On May 4, President Lourenco will participate in a business event in New Delhi, which aims to promote trade, investment, and commercial linkages between the two countries. The event is expected to bring together key stakeholders from sectors such as oil and gas, infrastructure, agriculture, and mining.

India and Angola enjoy strong and expanding ties, particularly in the energy sector. Bilateral trade reached $4.192 billion in the financial year 2023–24. Both nations also maintain close cooperation on international platforms and frequently support each other in forums such as the United Nations.

In October 2015, the Vice President of Angola, Manuel Vicente, visited India to participate in the 3rd India-Africa Summit, during which he met with Prime Minister Modi. During his visit to Johannesburg to attend the BRICS Summit, President Lourenco met PM Modi on July 26, 2018.

President Lourenco’s visit is anticipated to be a milestone in bilateral engagement, setting the stage for a more dynamic and mutually beneficial partnership. Both nations are looking to deepen collaboration and align their shared interests for long-term strategic growth.

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