Which Indian City is known as the Strawberry Capital of India?

Did you know that a small hill town in India turns pink and red every winter? Roadsides fill with fresh berries, sweet desserts, and happy tourists enjoying the cool weather. The air smells fruity, and local farms become lively picnic spots.

This place is famous not just for growing strawberries, but for celebrating them. Farmers open their fields to visitors, and markets overflow with jams, syrups, and creamy treats made from freshly picked fruit.

During the harvest season, festivals are held where people taste, buy, and even learn how strawberries are grown. It becomes a favorite travel destination for families and food lovers.

The climate here plays a big role. Pleasant sunshine, cool nights, and rich soil help the fruit grow juicy and flavorful, making it special compared to strawberries grown elsewhere.

Because of its huge production and popularity, this charming destination earned a sweet title across the country — one that every fruit lover remembers.

Which Place is known as the Strawberry Capital of India?

Mahabaleshwar, a hill station in the Satara district of Maharashtra, is known as the Strawberry Capital of India. The town has built a strong reputation for producing sweet, fresh and high-quality strawberries. During winter, strawberries sold in many Indian cities mostly come from this region.

Mahabaleshwar lies in the Western Ghats of Maharashtra, around 120 km from Pune and about 285 km from Mumbai. Because of its high altitude, the temperature remains cooler than nearby plains. The area also receives heavy rainfall during monsoon, which keeps the soil fertile and suitable for fruit farming.

Why is Mahabaleshwar Famous for Strawberry Farming?

  • Ideal Weather Conditions: Strawberries grow best in temperatures between 10°C and 25°C. Mahabaleshwar naturally maintains this range during the growing season. Cool mornings, misty air and mild sunshine help fruits develop better flavour and colour.
  • Suitable Soil: The region has red laterite soil that drains water quickly. This prevents root diseases and improves fruit quality, size and sweetness.
  • Farming Experience: Farmers here have been growing strawberries for generations. Over time they learned better planting methods, irrigation systems and packaging techniques, which increased production and market value.
  • Strong Market Connections: Mahabaleshwar strawberries are transported daily to big cities like Mumbai, Pune, Bengaluru and Hyderabad. Efficient transport keeps the fruit fresh despite its short shelf life.

Popular Strawberry Varieties Grown Here

Farmers cultivate different types of strawberries depending on taste and market demand:

  • Chandler – Large size and rich flavour, most widely grown
  • Sweet Charlie – Early harvesting and sweeter taste
  • Camarosa – Firm fruit suitable for transport
  • Festival & Winter Dawn – Used for commercial supply and processing

Largest Strawberry Producing State in India

While Mahabaleshwar leads as a town, Himachal Pradesh is the largest strawberry producing state in India because cultivation is spread across several districts with bigger total farming area.

Interesting Facts About Mahabaleshwar Strawberries

  • The fruit here is known for strong aroma and bright colour
  • Most strawberries reach markets within 24 hours of harvest
  • Cold storage and quick transport systems are widely used
  • Strawberry farming supports farmers, labourers, packaging units and tourism businesses
  • The region’s identity is strongly linked to this single fruit crop

India Pays $35.18 Million to UN Regular Budget for 2026, Joins Honour Roll

India has paid USD 35.18 million to the United Nations (UN) Regular Budget for 2026, earning a place on the UN’s “honour roll” of countries that have paid their assessed contributions in full and on time. The payment was made on 3 February 2026, within the 30-day due period prescribed under UN financial regulations. This move reflects India’s continued commitment to multilateralism and its responsibilities as a key member of the United Nations.

Background: UN Regular Budget Contributions

The UN Regular Budget funds the organisation’s core activities, including peace and security initiatives, development work, human rights programmes, and administrative functions. Each UN Member State is assessed a mandatory contribution based on its economic capacity, as decided by the UN Committee on Contributions.

Timely payment of these dues is crucial for the smooth functioning of the UN, as delays can affect programme implementation and cash flow.

India’s Contribution and Honour Roll

For the year 2026, India contributed USD 35.18 million to the UN Regular Budget. According to the Committee on Contributions, 47 UN Member States had paid their assessed contributions in full as of 3 February 2026, qualifying them for the honour roll.

India’s payment places it among a limited group of countries that met the deadline, highlighting its role as a responsible and reliable UN member.

Announcement at UN Daily Briefing

The development was highlighted during the daily press briefing by Stéphane Dujarric, Spokesperson for UN Secretary-General António Guterres.

In a light-hearted moment, Dujarric posed a quiz-style question to journalists while referring to India, describing it as the country that is home to the Statue of Unity, the world’s tallest statue at 182 metres. The statue is dedicated to Sardar Vallabhbhai Patel and is located in Gujarat.

India’s Track Record at the United Nations

India has consistently been among the countries that pay their UN contributions on time and in full. This reflects India’s long-standing support for the UN system and its belief in rules-based international order and multilateral cooperation.

India is also an active participant in UN peacekeeping missions, development programmes, and global policy discussions on issues such as climate change, sustainable development, and global governance reform.

Significance of the Payment

India’s timely contribution has both symbolic and practical importance:

  • It strengthens India’s credibility within the UN system
  • It supports uninterrupted functioning of UN programmes
  • It reinforces India’s image as a responsible global stakeholder

Such actions also support India’s broader diplomatic efforts, including its push for greater representation of developing countries in global institutions.

India to Share Cross-Border Crypto Transaction Data from April 2027

India is set to significantly strengthen oversight of cryptocurrency transactions by beginning the exchange of cross-border crypto transaction data from 1 April 2027. The move is part of a global effort to improve transparency in digital asset markets and curb tax evasion and illicit financial flows. According to media reports, India will join an international information-sharing mechanism being developed by global tax authorities, marking an important step in aligning the country’s crypto regulations with global standards.

Background: Growing Focus on Crypto Regulation

Cryptocurrency trading has grown rapidly in India over the past few years. A large share of this activity is carried out on overseas crypto platforms, which makes domestic monitoring difficult. Indian authorities have repeatedly raised concerns that such transactions can lead to tax evasion, money laundering, and unreported foreign income.

To address these risks, India has gradually tightened its regulatory framework. Earlier measures included a 30% tax on crypto gains and a 1% tax deducted at source (TDS) on crypto transactions introduced in 2022. The latest step focuses on international cooperation, recognising that crypto markets operate beyond national borders.

Global System India Will Join

India will exchange crypto transaction data under the Organisation for Economic Co-operation and Development (OECD)-led Crypto-Asset Reporting Framework (CARF). CARF is a global standard designed to enable automatic exchange of information on crypto assets between tax authorities, similar to existing systems used for banking and financial accounts.

India has already signed on to CARF and will start sharing and receiving data from April 2027. Officials have stated that the technical format for data exchange is currently being finalised and is expected to be released in the coming months.

Why Cross-Border Crypto Reporting Matters

The government has highlighted that a significant portion of crypto trading by Indian users happens on foreign exchanges, outside the direct reach of Indian regulators. This creates challenges in:

  • Tracking taxable income
  • Preventing illicit financial flows
  • Enforcing compliance with domestic tax laws

By joining CARF, India will be able to access transaction data from other countries, making it easier to identify undisclosed crypto income and improve tax enforcement.

The move also aligns with recommendations from the Financial Action Task Force (FATF), which has called for stronger international cooperation to monitor digital assets and reduce financial crime risks.

Preparatory Steps by the Government

Officials have said that preparatory work is already underway to ensure a smooth transition to the global data-sharing system. The government plans to:

  • Tighten reporting requirements for crypto platforms
  • Strengthen supervision of exchanges and intermediaries operating in India
  • Engage with industry stakeholders to address technical and operational challenges

These steps are intended to ensure that Indian systems are ready before cross-border data exchange begins in 2027.

Penalties Proposed in Union Budget 2026

The Union Budget 2026 has proposed strict penalties to enforce compliance with crypto reporting rules. From 1 April 2026:

  • Failure to submit required crypto transaction statements will attract a daily penalty of ₹200.
  • Incorrect reporting or failure to correct errors will lead to a flat penalty of ₹50,000.

Finance Minister Nirmala Sitharaman stated that these measures aim to strengthen compliance under the Income-tax Act, 2025, and discourage inaccurate or missing disclosures related to crypto assets.

Impact on the Crypto Industry

Industry players have noted that the proposed penalties, combined with existing taxes, signal tighter compliance expectations. While the measures may improve transparency, they could also:

  • Increase operational and compliance costs for crypto exchanges
  • Pose challenges for smaller domestic platforms
  • Encourage consolidation in the crypto industry

At the same time, clearer rules may help improve regulatory certainty in the long term.

2026 Winter Olympics: Host Country, Dates, Schedule, Sports, and India Participation

The 2026 Winter Olympics are one of the biggest global sports events. Officially called the Milano Cortina 2026, the Games will be held in Italy. This event is very important for competitive exams, sports GK, and current affairs.

2026 Winter Olympics Held in Which Country?

The 2026 Winter Olympics will be held in Italy.

Italy is hosting the Winter Olympics for the third time:

  • Cortina d’Ampezzo – 1956
  • Turin – 2006

The 2026 Games will follow a multi-city model. Events will be held in:

  • Milan
  • Cortina d’Ampezzo
  • Bormio
  • Val di Fiemme

Milano Cortina 2026: Quick Facts (For Exams)

Topic Details
Event Name Winter Olympics 2026
Official Name Milano Cortina 2026
Host Country Italy
Host Cities Milan, Cortina, Bormio
Dates 6–22 February 2026
Edition 25th Winter Olympics

Milano Cortina 2026 Winter Olympics: Overview

The Winter Olympics are held every four years under the International Olympic Committee (IOC). These Games include sports played on snow and ice, such as skiing, skating, ice hockey, and snowboarding.

The main goals of the 2026 Winter Olympics are:

  • International cooperation
  • Sustainable sports infrastructure
  • Cultural exchange

2026 Winter Olympics Dates

The official dates are:

  • Early events: 4–5 February 2026
  • Opening Ceremony: 6 February 2026
  • Main competitions: 7–21 February 2026
  • Closing Ceremony: 22 February 2026

2026 Winter Olympics Schedule (Important Events)

Date Major Events
4 Feb Curling (Mixed Doubles)
5 Feb Women’s Ice Hockey (Prelims)
6 Feb Opening Ceremony (Milan)
7 Feb Alpine Skiing, Speed Skating
8 Feb Biathlon, Ski Jumping
9 Feb Figure Skating (Team Final)
10–12 Feb Curling Finals, Super-G
13–15 Feb Ice Hockey, Luge
16–18 Feb Bobsleigh, Speed Skating
19–21 Feb Ice Hockey Finals
22 Feb Closing Ceremony

Note: Schedule may change due to weather.

Sports Included in the 2026 Winter Olympics

The Games will feature 16 winter sports, including:

  • Alpine Skiing
  • Biathlon
  • Cross-Country Skiing
  • Snowboarding
  • Figure Skating
  • Speed Skating
  • Short Track Speed Skating
  • Ice Hockey
  • Curling
  • Bobsleigh
  • Skeleton
  • Luge
  • Nordic Combined

2026 Winter Olympics India: Participation

India will take part in the 2026 Winter Olympics with a small team.

India is expected to compete in:

  • Alpine Skiing
  • Cross-Country Skiing

Indian athletes:

  • Arif Mohammad Khan – Alpine Skiing
  • Stanzin Lundup – Cross-Country Skiing

Why India’s participation matters:

  • Promotes winter sports in Himalayan regions
  • Encourages young athletes
  • Gives global exposure

Significance of the 2026 Winter Olympics

Global Importance

  • Promotes peace through sports
  • Strengthens sports diplomacy
  • Encourages sustainable event planning

Economic Impact on Italy

  • Boosts tourism
  • Creates jobs
  • Improves transport and sports infrastructure

Why This Topic Is Important for Exams

This topic is important for:

  • UPSC
  • SSC
  • Banking exams
  • State PCS
  • Sports GK

Questions are often asked on:

  • Host country
  • Dates
  • Indian participation

Do You Know Which is the Largest Coral Reef in the World?

Did you know our oceans hide giant living structures that can even be seen from space? Beneath the blue water, tiny sea creatures work together for thousands of years to build something truly massive and colorful.

These underwater worlds look like gardens filled with bright fish, waving plants, and strange shapes. Divers often say swimming there feels like entering another planet full of life and movement.

One special reef stretches for a very long distance along a coastline.
It is not just big — it is so wide and long that it forms its own natural ecosystem.

Many sea animals depend on this place for food, shelter, and protection. From small clownfish to huge turtles and sharks, countless species grow up and survive in its safe waters.

Today, scientists and travelers both admire it, but they also worry about its future. Climate change and pollution are slowly affecting this natural wonder, making it one of the most important marine places to protect on Earth.

Largest Coral Reef in the World

The Great Barrier Reef is the largest coral reef in the world. It lies in the Coral Sea along the coast of Queensland, Australia. The reef stretches for more than 2,300 kilometres and is made of nearly 2,900 small reefs and over 900 islands. Built by tiny coral animals over millions of years, it is the biggest living structure on Earth. It is famous for colourful corals, thousands of fish species, sea turtles, and other marine life.

What is the Great Barrier Reef?

The Great Barrier Reef is the biggest coral reef system on Earth. Instead of being a single reef, it is a chain made up of thousands of smaller reefs and islands joined together over millions of years.

Tiny animals called coral polyps built this massive structure. Each polyp creates a hard skeleton, and generation after generation kept adding layers. Slowly, a giant underwater world formed — large enough to become the planet’s largest living structure.

Location of the Green Barrier Reef

The reef lies in the Coral Sea along the northeastern coast of Queensland, Australia. It runs parallel to the shoreline and covers an enormous part of the ocean.

Because of its huge spread, it occupies an area larger than many countries and forms a natural barrier between the open ocean and the coast.

Size and Structure of the Reef

The Great Barrier Reef is called the largest coral reef mainly because of its extraordinary measurements:

  • Length: more than 2,300 kilometres
  • Area: about 344,400 square kilometres
  • Individual reefs: nearly 2,900
  • Islands: over 900

No other coral system on Earth comes close to these numbers. It is so vast that astronauts can even see it from space.

Why it is the Largest Living Structure?

Unlike mountains or rocks, the reef is built entirely by living organisms. Billions of coral polyps worked together over millions of years to create it.

This makes it the largest structure made by living creatures on the planet. Every new coral generation continues to grow the reef, meaning it is still alive and developing today.

Marine Life Found in the Great Barrier Reef

The reef is famous for its incredible biodiversity. It supports one of the richest ecosystems in the world.

Animals living here include:

  • More than 1,500 types of fish
  • Hundreds of coral species
  • Sea turtles and dugongs
  • Sharks and rays
  • Dolphins and whales
  • Molluscs and crustaceans

Because so many species depend on it, scientists consider it one of Earth’s most important habitats.

UNESCO World Heritage Status

Because of its natural beauty and ecological value, the Great Barrier Reef was declared a UNESCO World Heritage Site. This recognition means the reef is important not just for one country, but for the entire planet.

Interesting Facts About the Great Barrier Reef

  • It is the world’s largest coral ecosystem.
  • Visible from space due to its massive size.
  • Larger than many countries.
  • Home to endangered animals like green sea turtles and dugongs.
  • Formed over millions of years by tiny organisms.

World Interfaith Harmony Week 2026 Observed from February 1 to 7

World Interfaith Harmony Week (WIHW) 2026 is being observed from 1 to 7 February 2026 across the world. The observance is led by the United Nations (UN) and aims to promote peace, tolerance, non-violence, and mutual understanding among people of different religions and beliefs. In a world facing conflict and division, the week highlights the importance of dialogue and respect between faith communities.

Background: Origin of World Interfaith Harmony Week

World Interfaith Harmony Week is rooted in the “A Common Word” initiative, launched in 2007. This initiative brought together Muslim and Christian leaders to highlight shared values such as love for God and love for one’s neighbour. The message emphasized that common ethical principles can serve as a foundation for peaceful coexistence.

The idea of dedicating a global week to interfaith harmony gained international attention due to growing concerns over religious intolerance and violence.

Proposal at the United Nations

The proposal for World Interfaith Harmony Week was presented at the 65th session of the United Nations General Assembly (UNGA) on 23 September 2010.

The proposal was made by:

  • Abdullah II, King of Jordan

  • Ghazi bin Muhammad, Prince of Jordan

They called upon the international community to recognise the need for interfaith cooperation to build lasting peace and reduce religious conflict.

UN Recognition and Resolution

On 20 October 2010, the United Nations officially adopted the proposal through Resolution A/RES/65/5. The resolution designated the first week of February (1–7) every year as World Interfaith Harmony Week.

The resolution encourages:

  • Dialogue among different religions
  • Peaceful coexistence
  • Promotion of non-violence
  • Respect for religious diversity

First Observance

The first World Interfaith Harmony Week was observed from 1 to 7 February 2011. Since then, governments, religious institutions, civil society groups, and individuals across the world have participated through:

  • Interfaith meetings
  • Peace prayers
  • Community discussions
  • Educational programmes

Significance of WIHW 2026

World Interfaith Harmony Week 2026 continues to stress that religious harmony is essential for global peace. It reminds societies that differences in belief should not lead to conflict, but rather encourage understanding and cooperation.

The observance is especially relevant today due to:

  • Rising religious intolerance
  • Global conflicts linked to identity
  • Spread of hate speech and extremism

Global Impact and Relevance

WIHW supports the UN’s broader goals of:

  • Peacebuilding
  • Human rights
  • Sustainable development

By encouraging faith-based cooperation, the week contributes to social harmony, community resilience, and conflict prevention at both national and international levels.

Travel Writer and Padma Shri Awardee Hugh Gantzer Passes Away at 95

Renowned travel writer and Hugh Gantzer, a Padma Shri awardee, passed away on 2 February 2026 at the age of 95 in Mussoorie, Uttarakhand. His passing marks the end of a remarkable journey that helped generations of readers discover India’s landscapes, cultures, and people. Known for his simple style and deep curiosity, Gantzer played a key role in shaping modern travel writing in India.

Early Life and Background

Hugh Gantzer was born on 9 January 1931 in Patna, Bihar. From an early age, he showed interest in travel, storytelling, and observation. These interests later became the foundation of his long and successful writing career.

Before becoming a full-time writer, he served in the Indian Navy and retired with the rank of Commander. His years in the Navy allowed him to travel widely and experience diverse regions, which later enriched his writing.

Transition to Travel Writing

After retiring from the Indian Navy, Hugh Gantzer turned to full-time travel writing, often working closely with his wife Colleen Gantzer. Together, they explored remote regions, heritage towns, and lesser-known destinations across India.

His writing stood out for its clarity, warmth, and honesty. Rather than focusing only on famous tourist spots, he highlighted local traditions, everyday life, and the human stories behind places.

Literary and Media Contributions

Hugh Gantzer was associated with The Times of India for several decades. He authored the iconic weekly column “Sexes and the City”, which ran for over 40 years, making it one of the longest-running columns in Indian journalism.

In addition to print journalism, he made a major contribution to television. He produced 52 travel documentaries for Doordarshan, India’s national broadcaster. These documentaries brought India’s geography, heritage, and diversity into millions of homes.

He also authored more than 30 books, covering travel, culture, and social observations. His columns appeared in several leading English-language newspapers, helping popularise travel writing as a serious and respected genre in India.

Awards and Recognition

In 2025, Hugh Gantzer was conferred the Padma Shri, India’s fourth-highest civilian honour, in the field of Literature and Education. The award recognised his lifelong contribution to literature, journalism, and public understanding of India through travel narratives.

Significance of His Work

Hugh Gantzer’s work played an important role in:

  • Promoting domestic tourism
  • Preserving stories of local cultures and traditions
  • Making travel writing accessible and engaging

His writings encouraged readers to explore India with curiosity and respect, long before travel blogging and social media became popular.

Bhutan Queen Mother Honoured with 22nd Upendra Nath Brahma ‘Soldier of Humanity’ Award 2025

In a significant recognition of humanitarian leadership and cross-border goodwill, Gyalyum Ashi Dorji Wangmo Wangchuck, the Queen Mother of Bhutan, was honoured with the 22nd Upendra Nath Brahma ‘Soldier of Humanity’ Award 2025. The award ceremony was held in February 2026 at Bodoland University, Kokrajhar, Assam. The event was attended by Lakshman Prasad Acharya, Governor of Assam. The award recognises her lifelong humanitarian service and compassionate leadership, especially through her work in social development and cultural preservation.

Background: The Upendra Nath Brahma ‘Soldier of Humanity’ Award

The Upendra Nath Brahma ‘Soldier of Humanity’ Award was instituted in 2004 by the Upendra Nath Brahma Trust. The award is named after Upendra Nath Brahma, popularly known as Bodofa, a revered Bodo leader and social reformer.

The award upholds Bodofa’s ideals of sacrifice, courage, social justice, and service to humanity. It is conferred on individuals who have made outstanding contributions to human welfare, peace, and inclusive development.

Award Ceremony and Dignitaries

The 22nd edition of the award ceremony took place at Bodoland University in Kokrajhar, a region closely associated with the legacy of Upendra Nath Brahma. Governor Lakshman Prasad Acharya graced the occasion and highlighted the relevance of Bodofa’s philosophy in today’s society.

During his address, the Governor also referred to the decision of the Government of Assam to declare 31 March as Chatra Divas (Students’ Day), commemorating the contributions of Bodofa Upendra Nath Brahma and inspiring future generations to follow his path of service and leadership.

Award Highlights and Prize Details

The award presented to the Queen Mother of Bhutan included:

  • A citation
  • A memento of Bodofa Upendra Nath Brahma
  • Traditional Bodo Aronai
  • Dokhna, Gwmgra, and Endi Sadar
  • A cash prize of ₹2 lakh

These elements symbolised respect for Bodo culture and the values represented by the award.

Recognition of Humanitarian Contributions

Gyalyum Ashi Dorji Wangmo Wangchuck was honoured for her lifelong humanitarian work and visionary leadership of the Tarayana Foundation. Under her leadership, the foundation has played a major role in:

  • Rural development
  • Women’s empowerment
  • Education and healthcare initiatives
  • Preservation of Bhutan’s cultural heritage

Her work has significantly improved the lives of vulnerable communities, especially women and children, in Bhutan’s remote and rural regions.

Significance of the Honour

The conferment of the award on the Queen Mother of Bhutan highlights the shared cultural and humanitarian values between India and Bhutan. It also reflects the importance of people-centric development, compassion, and inclusive growth in addressing social challenges.

The recognition further strengthens India–Bhutan relations, rooted in mutual respect, cultural ties, and cooperation in social development.

Goldman Sachs Raises India’s CY26 GDP Growth Forecast to 6.9%

In a positive outlook for the Indian economy, Goldman Sachs has upgraded India’s GDP growth forecast for Calendar Year 2026 (CY26). In February 2026, the global investment bank raised its estimate by 20 basis points, from 6.7% to 6.9%. The upgrade follows the conclusion of the India–USA trade deal, under which reciprocal tariffs on Indian goods exported to the United States of America were reduced from 25% to 18%. This development is important as it signals improving external conditions and stronger growth prospects for India.

Background: India’s Growth Outlook and Global Trade

India is among the fastest-growing major economies in the world. However, global trade tensions, high interest rates, and geopolitical uncertainties have posed challenges in recent years. Trade relations with the United States are particularly important, as the US is one of India’s largest trading partners.

The latest trade deal between India and the USA is seen as a step toward greater trade stability, reducing uncertainty for exporters and investors. Against this backdrop, Goldman Sachs reassessed India’s medium-term growth outlook.

Basis of the Revised GDP Forecast

Goldman Sachs stated that its revised estimate is based on India’s exposure to US demand and improved trade conditions. According to the forecast:

  • India’s goods export exposure to US final demand is around 4% of GDP.
  • The export demand elasticity is estimated at 0.7, meaning exports respond positively to improved demand and lower tariffs.

The reduction in tariffs is expected to directly support Indian exports and indirectly boost overall economic activity.

Impact on Investment and Capital Expenditure

One of the key benefits of the trade deal is the reduction in trade-policy uncertainty. Goldman Sachs noted that lower uncertainty is likely to:

  • Improve private investment sentiment
  • Support a recovery in capital expenditure (capex)

The investment bank expects a stronger capex recovery in the second half of CY26, as companies gain confidence to expand capacity and undertake new projects.

External Sector and Current Account Deficit

Lower tariffs on Indian goods are also expected to strengthen India’s external balance. Goldman Sachs projects that:

  • The Current Account Deficit (CAD) could narrow by around 0.25% of GDP
  • CAD is likely to reach nearly 0.8% of GDP in CY26

A lower CAD improves macroeconomic stability and reduces dependence on volatile capital flows.

Currency and Capital Flows

Easing trade tensions between India and the USA may also have a positive impact on financial markets. Goldman Sachs noted that improved trade conditions could:

  • Support foreign capital inflows
  • Reduce pressure on the Indian Rupee (INR)

Stable capital inflows and a resilient currency are crucial for managing inflation and maintaining investor confidence.

India–USA Trade Trends

India’s bilateral goods trade surplus with the USA has shown strong growth over the past decade:

  • Around USD 20 billion in CY15
  • Nearly USD 40 billion in CY25

This expansion has been driven mainly by key export sectors such as:

  • Electronics
  • Pharmaceuticals
  • Textiles

These sectors are expected to benefit the most from the tariff reduction under the new trade deal.

Significance of the Forecast Upgrade

The upward revision by Goldman Sachs reflects growing optimism about India’s economic fundamentals. It highlights the importance of stable trade relations, export growth, and private investment in sustaining high growth rates.

For policymakers, the forecast underscores the role of trade agreements and global integration in supporting domestic economic momentum.

Which City is known as the Wool Capital of the World? Where it is Located?

Did you know that one city in the world built its identity around soft, warm wool? For centuries, sheep farming and textile making have shaped its culture and economy. People from many countries visit this place to see how raw fleece turns into beautiful fabric.

The air here once carried the sound of spinning wheels and large looms working day and night. Skilled workers carefully cleaned, combed, and wove wool into clothing and carpets that travelled across continents.

This city became famous because its wool products were strong, comfortable, and long-lasting. Traders trusted its quality, and markets everywhere demanded its textiles.

Over time, factories, workshops, and trade routes made the city very rich and important. Even today, it proudly carries a special title connected with wool production.

In the next part, you will discover which city earned this warm and unique nickname.

Wool Capital of the World

Biella, a small town in northern Italy, is known as the Wool Capital of the World. For hundreds of years, it has produced some of the finest wool fabrics used in luxury suits and coats. Clean alpine water helps make the wool soft and smooth. Skilled workers and modern machines turn raw merino wool into premium material. Many famous fashion brands buy fabrics from Biella, making it a very important centre of the global wool and fashion industry.

Why Biella is known as the Wool Capital of the World?

Biella earned this title because it has perfected the art of wool making over centuries. The town is not only a producer but also a specialist in processing and finishing wool.

Main Reasons

  • Centuries-old textile tradition
  • Advanced machines and technology
  • Highly skilled craftsmen
  • Extremely fine finishing quality
  • Trusted by luxury fashion brands

Many global clothing companies buy wool fabric only from Biella because of its reliability and premium feel.

Where is Biella Located?

Which Indian City is known as the Strawberry Capital of India?_13.1

Biella is a small town in the Piedmont region of northern Italy, close to the Alps mountains.

Natural Advantages

The location gives Biella several natural benefits:

  • Pure alpine water ideal for washing wool
  • Cool climate suitable for textile processing
  • Easy access to European trade routes

The clean mountain water especially helps in making wool soft, smooth, and high-quality.

History of the Wool Industry in Biella

The wool trade in Biella began during the Middle Ages when small families started washing and weaving raw wool using river water.

Industrial Growth

By the 1800s and 1900s:

  • Workshops turned into large mills
  • Machines improved production speed
  • Biella became famous across Europe

Soon it became the global standard for wool fabric excellence.

Types of Wool Made in Biella

Biella is especially known for high-grade merino wool, considered the softest and finest wool in the world.

Popular Wool Varieties

  • Superfine merino wool
  • Ultra-fine luxury suiting wool
  • Coat and overcoat fabrics
  • Knitwear yarns

The raw wool often comes from Australia and New Zealand, then Biella mills transform it into premium fabric.

Role in the Global Fashion Industry

Biella plays a major role in luxury fashion manufacturing. Many famous brands depend on its fabric for suits and coats.

Countries That Import Biella Wool

  • Italy
  • France
  • United Kingdom
  • Japan
  • United States

Top designers choose Biella fabric because it offers:

  • Smooth texture
  • Perfect drape
  • Long durability

Interesting Facts About Biella

  • Finest Suit Fabrics: Biella produces some of the world’s most expensive and elegant suit materials.
  • Perfect Water Quality: The natural mountain water improves softness and color finishing.
  • Blend of Old and New: Ancient craftsmanship is combined with modern technology.
  • Innovation Centre: Companies here constantly research lighter, stronger and sustainable wool fabrics.
Which Indian City is known as the Strawberry Capital of India?_14.1
February 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728  
QR Code
Scan Me