Find the current affairs of 4 February 2026. Stay updated with the most important news and events that have occurred on this day. Our daily current affairs updates are carefully curated by GK and Current Affairs experts, ensuring that you receive accurate and relevant information to enhance your competitive exam preparation.
Each update is designed to provide you with a comprehensive overview of the day’s key happenings, including political developments, economic news, technological advancements, and significant social events.
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Highlights of 4 February 2026 Current Affairs
- The India–US Trade Agreement (2026) reduced US tariffs on Indian goods from 25% to 18% and withdrew the additional 25% duty imposed in 2025, easing bilateral trade tensions.
- India committed to increasing imports of US energy, technology, and nuclear equipment worth over US$ 500 billion while gradually lowering tariff and non-tariff barriers.
- The agreement is expected to strengthen MSMEs, farmers, and skilled workers, and boost access to advanced technologies in defence, energy, and manufacturing.
- The National Statistics Office will conduct an all-India Migration Survey from July 2026 to June 2027 to generate detailed data on internal migration patterns.
- Recent data shows high female migration (around 47.9%), mainly due to marriage, while male migration is driven largely by employment opportunities.
- India and the League of Arab States adopted the Delhi Declaration to enhance cooperation on security, trade, connectivity, and multilateral governance.
- The declaration reaffirmed support for Palestine, condemned attacks in Yemen, and highlighted the STREAM initiative for maritime and logistics connectivity.
- The Union Budget 2026–27 announced Dedicated Rare Earth Corridors in four states to strengthen domestic production of Rare Earth Permanent Magnets.
- The 16th Finance Commission recommended including heatwaves and lightning strikes as nationally notified disasters to improve relief and preparedness.
- India aims to reduce its debt-to-GDP ratio to about 50% by 2030–31, while rising 10-year bond yields at around 6.77% reflect tighter financial conditions and higher borrowing costs.
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