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Top National and International News Highlights for February 4: India-US Trade Deal, Markets Rally, Global Sports Updates

Top National and International News Highlights for February 4: India-US Trade Deal, Markets Rally, Global Sports Updates

Key developments on February 4 include relief across markets following tariff cuts under the India-US trade deal, strong moves in Indian equities, Prime Minister Narendra Modi stressing India’s rising global influence, and major sports headlines from the ICC T20 World Cup to global chess and boxing events. Internationally, supply chain cooperation, Olympic preparations in Europe, and diplomatic reactions continue to shape global discourse.

February 4 brought significant national and international developments across politics, economy, diplomacy, and sports. The India-US trade deal, featuring tariff reductions on Indian imports, boosted investor confidence and eased business concerns, though key details remain under scrutiny. Political reactions in both countries remain mixed as discussions continue on defence, electronics, petroleum goods, and critical minerals.

Prime Minister Narendra Modi highlighted India’s growing role as a reliable global partner amid geopolitical uncertainty, reinforcing the country’s diplomatic standing. Indian stock markets responded positively, with the Sensex and Nifty trading higher on improved sentiment and global cues.

On the sports front, excitement grew as the ICC Men’s T20 World Cup 2026 trophy reached Chandigarh University, while Pakistan’s decision to boycott its group-stage match against India sparked debate. Indian athletes continued to make global strides, with Gukesh confirming his participation in Norway Chess and boxers competing at the Boxam Elite Tournament in Spain.

Internationally, preparations for the Milano-Cortina 2026 Winter Olympics impacted local businesses in Italy, while governments pushed for stronger cooperation on critical mineral supply chains essential for clean energy and advanced technology. Domestically, initiatives like Khel Mahakumbh 2025-26 aim to strengthen grassroots sports and youth development across India.

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