Daily Current Affairs – February 23, 2026

Countries hit hardest by former President Donald Trump’s tariffs are now emerging as winners after the US Supreme Court struck down his emergency levies. China, India, and Brazil, among others, will see lower tariff rates for shipments to the US. While Trump had planned a 15% global tariff, economists calculate the effective rate will average about 12%, the lowest since the initial “Liberation Day” tariffs in April.

India and the US have postponed crucial trade talks aimed at finalizing an interim trade pact. This decision comes as Washington revises its global tariff strategy following a US Supreme Court ruling. Both nations will reconvene once the implications of these developments are fully assessed, with a new date to be mutually agreed upon.

Indian citizens were advised by Embassy to avoid areas around law enforcement activity and to be aware of their surroundings and avoid crowds. They were told to seek shelter and minimize unnecessary movements outside shelter and follow local news for updates.

Indian citizens were advised by Embassy to avoid areas around law enforcement activity and to be aware of their surroundings and avoid crowds. They were told to seek shelter and minimize unnecessary movements outside shelter and follow local news for updates.

Indian retail investors are making bold moves in the stock market. They are buying stocks that have fallen in value and selling those that have performed well. This strategy, while providing market liquidity, often hurts personal investment returns. Data shows retail holdings increased in declining stocks and decreased in rising ones.

Valuations in Indian IT stocks have become attractive amid AI disruption concerns, but S Naren of ICICI Prudential AMC stresses that low multiples alone are insufficient. Clarity on long-term growth and AI's true impact is crucial for investor confidence and potential upside in the sector.

Risks escalated last week after Iran partially restricted movement through the Strait of Hormuz—a critical pass-through point for global crude oil and liquefied natural gas supplies.

Only a day after India joined Pax Silica, India announced a strategic collaboration with Brazil. What does it mean for India? Mint explains

While Akshdeep Singh appeared to have initially won, the Punjab walker was penalised four minutes, pushing him to seventh spot. The 24-year-old Sahil clocked 1:25:48 to push Asian Championships medallist Servin Sebastian to second spot, just two seconds behind.

This Indian team is something which we have spoken about, trying to be consistent. Don't think about opposition or what's happened in the past. So we've beaten this, we've beaten that. I feel that's not very important now, says