1. European leaders were bracing for US tariffs after President Donald Trump imposed sweeping levies on Mexico, Canada and China that will affect billions of dollars worth of trade, roiling global markets and currencies.

2. The rupee plunged 55 paise to close at an all-time low of 87.17 against the US dollar on Monday, as global market sentiments were impacted after the Trump administration slapped tariffs on Canada, Mexico and China.

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3. Leader of Opposition Rahul Gandhi on Monday took aim at the Modi government’s economic policies in the Lok Sabha, criticising the decline in manufacturing and the persistent unemployment crisis. Speaking during the Motion of Thanks to the President’s address, he argued that while past governments had managed consumption well, they had failed in organising production.

4. The high-voltage campaigning for Delhi Assembly polls came to an end at 5 pm on Monday. Tuesday will be a day for silent campaigning before voting on February 5.

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5. Union Railway Minister Ashwini Vaishnaw on Monday announced that Rs 3,042 crore has been allocated for railway development in Kerala. This is double the amount allocated during the UPA era, he said.

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