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Top news of the day
The Magh Mela 2026 is underway with great enthusiasm and devotion in Prayagraj. Thousands of devotees took a dip in the Ganges at the Triveni Sangam on Magh Purnima, marking the end of the Kalpavas (sacred ritual). However, the Magh Mela is not yet fully concluded. It began on January 3, 2026, and will continue for 44 days. The Magh Mela continues until Mahashivratri, with the last major bath taking place on February 15.
Indian stock markets opened with modest gains on Monday, with the Sensex and Nifty trading indices trading in the green. This recovery followed Sunday's Budget-Day selloff, after Finance Minister Nirmala Sitharaman announced an increase in the Securities Transaction Tax (STT) on F&O trading. However, market gains were uneven, with investors cautious due to weak market breadth and high volatility.
At 09:25 am on Monday, the Sensex was trading at 80,946, up 223 points, or 0.3%, while the Nifty was trading at 24,856, up 31 points, or 0.1%. Breadth, which indicates market sentiment, was negative, with 1,548 stocks declining and 1,183 advancing. This means that buying was not widespread and occurred only in select stocks.
Commodity markets witnessed significant volatility today. Gold and silver prices fell sharply on the Multi Commodity Exchange (MCX). MCX gold prices slipped below the crucial level of ₹1.45 lakh per 10 grams, while silver prices fell by nearly 3%. Investor sentiment appeared to be under pressure due to weak global cues and a strong dollar.
The police investigation into the firing incident at director Rohit Shetty's home has gained momentum. Four accused have been arrested so far in this sensational case and remanded in police custody until February 5th. The arrested accused have been identified as 19-year-old Aditya Gyaneshwar Gaikwad, 20-year-old Siddharth Deepak Yenpure, 18-year-old Samarth Shivsharan Pomaji, and 23-year-old Swapnil Bandu Sakat. All accused are said to be residents of Pune.
Preliminary investigation has revealed that these four accused were not directly involved in the firing, but rather in providing the vehicle and orchestrating the entire conspiracy. Police are now trying to determine the main accused in the firing and who gave them instructions. Further investigation into this matter is being conducted by the Mumbai Crime Branch.
The controversy surrounding the 2026 T20 World Cup match between India and Pakistan has deepened once again. The Pakistan Cricket Board (PCB) had threatened to boycott or not play the match against India, prompting the International Cricket Council (ICC) to take a firm stance. The ICC has warned the Pakistan Cricket Board, calling such decisions against the spirit of cricket.
The ICC has issued a strong message to the Pakistan Cricket Board (PCB) that all ICC tournaments are based on integrity, equality, and fairness. If any board or team decides to play or not play a match on its own, it will damage the tournament's credibility. The ICC clearly stated that such decisions undermine the spirit of the game and negatively impact cricket on the global stage.
There is no immediate hope of relief from the changing weather conditions in parts of northwest India and central India. According to the India Meteorological Department (IMD), rain and snowfall are expected to continue in the western Himalayan regions and surrounding plains until February 3. Strong winds with speeds of 30 to 40 kilometers per hour are also expected during this period, which could further intensify the cold.
Due to the impact of rain and snowfall, minimum temperatures may drop by 2 to 4 degrees Celsius over the next three days. Dense fog is expected in Punjab, Haryana, Chandigarh, and parts of Uttar Pradesh during the morning and night. Delhi-NCR may also experience cloudy skies, light rain, and cold conditions.
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