Indian Oil Chairman Arvinder Singh Sahney states that US sanctions on Russia will have limited impact on India's energy supplies, citing multiple global sources. He forecasts crude prices to remain within a USD 75-80 per barrel range, leaning towards USD 75. IOC plans no new acquisitions and anticipates Panipat's green hydrogen plant commissioning within 2 years.
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President Joe Biden blocked Japan's Nippon Steel’s proposed $15 billion acquisition of US Steel, citing national security concerns and the need for American steelmaking capacity to remain domestically controlled. This decision, aligning with opposition from political figures like Donald Trump, could impact US-Japan diplomatic relations.
Union Minister Chirag Paswan has questioned Jamiat Ulema-e-Hind's decision to boycott his party's Iftaar gathering, urging them to reconsider their stance. He highlighted his father's efforts to support a Muslim candidate for Bihar’s chief ministership and criticised Nitish Kumar for rising crime and broken promises to protect minorities.
Cow vigilantes and Indore municipal employees clashed during an anti-encroachment drive to remove a 30-year-old cow shelter. Several municipal vehicles were damaged, and both sides allegedly engaged in violence. Local Bajrang Dal members protested the treatment of cows during relocation, and police are awaiting complaints to investigate the incident.
The Congress criticized Prime Minister Narendra Modi regarding the rupee's sharp decline to a historic low against the US dollar, contrasting it with Modi’s past statements on strengthening the currency. The fall is linked to the strengthening of the US dollar and rising crude oil prices.
Chhattisgarh chief minister Vishnu Deo Sai informed home minister Amit Shah that the fight against Maoists in Bastar is in its final stages, with recent surrenders under a new policy. Discussions focused on boosting development and tourism in the region to achieve lasting peace and economic growth.
Isro successfully completed its first satellite docking manoeuvre, marking a significant step for future missions like Chandrayaan-4 and India's space station. The manoeuvre involved two satellites uniting at an orbital altitude of around 475km. PM Modi and Union minister Jitendra Singh praised the achievement, highlighting its importance for India's space ambitions. The docking process included various stages and validations.
Yogesh Panchal, an engineer from Maharashtra, returned to India on February 4 after being detained in Iran for nearly two months for clicking photographs in a restricted zone. His release was facilitated by the Ministry of External Affairs following intervention by MP Ajit Gopchade. Panchal was treated well during his detention and released after a hearing.
The Punjab council of ministers approved amendments to the mining policy, which aims to curb illegal mining and enhance supply. The pilgrimage scheme for senior citizens and a school mentorship program by IAS/IPS officers were also approved to promote religious heritage and student development.
Eight people died and several others were injured when a tempo collided with a truck near Dwarka Circle in Nashik, Maharashtra. The accident occurred around 7:30 PM, with the tempo carrying 16 passengers returning from a religious event. Immediate rescue operations were conducted, and the injured are being treated at hospitals. The death toll may rise due to critical injuries.
Prime Minister Narendra Modi expressed condolences to Myanmar's military chief following a 7.7-magnitude earthquake. India launched 'Operation Brahma', sending over 80 NDRF personnel and crucial supplies to assist in the aftermath, showing solidarity with its neighbour in this humanitarian crisis.