🇮🇳 National Affairs
Union Budget 2026–27 implementation roadmap released
Focus on fiscal consolidation with fiscal deficit target set at 4.4% of GDP.
Capital expenditure allocation increased to ₹12.5 lakh crore.
Major push to infrastructure, green energy, and digital public infrastructure.
Government expands PM Gati Shakti National Master Plan
Multi-modal connectivity projects expanded to include logistics parks and rural connectivity corridors.
Objective: reduce logistics cost from 13–14% to below 8% of GDP.
Digital India initiative integrates AI-based governance tools
AI-enabled grievance redressal and service delivery rolled out across central ministries.
Enhances transparency and real-time monitoring.
💰 Economy & Banking
RBI strengthens digital lending compliance norms
All digital lending platforms must ensure transparent loan disclosures and borrower consent frameworks.
Move aimed at protecting consumers from predatory lending.
India’s GDP growth projection for FY2026
Estimated growth: 6.8%–7.2% driven by manufacturing, services, and infrastructure spending.
UPI transactions continue record surge
February 2026 volume crossed 15 billion transactions.
Total value exceeded ₹23 lakh crore, reinforcing India’s leadership in digital payments.
SEBI tightens regulations for SME IPOs
Enhanced disclosure norms and investor safeguards introduced.
🌍 International Affairs
G20 Finance Ministers Meeting focuses on debt sustainability
Discussions emphasized restructuring debt burdens in developing nations.
India advocated for inclusive financial stability frameworks.
UN Climate Adaptation Financing initiative expanded
Developed nations pledged additional funding for climate resilience projects in vulnerable countries.
US Federal Reserve maintains cautious monetary stance
Interest rates held steady amid inflation moderation trends.
European Union implements comprehensive AI governance framework
Establishes strict compliance norms for high-risk AI systems.
🏛 State Affairs
Uttar Pradesh launches Rural Industrial Cluster Scheme
Targets employment generation through MSME development.
Focus sectors: food processing, textiles, and handicrafts.
Tamil Nadu announces Green Energy Corridor Phase-II
Aims to boost renewable energy transmission capacity.
👤 Appointments & Resignations
New Chief Election Commissioner appointed
Appointment aimed at strengthening electoral transparency and technology integration.
Public sector banks announce key leadership changes
Several Executive Director-level appointments approved to strengthen governance.
🏆 Awards & Honours
National Science Awards 2026 announced
Recognized innovations in biotechnology, renewable energy, and AI-driven healthcare.
India’s classical musician honored with global cultural award
Recognition for contributions to preservation of traditional Indian music heritage.
🔬 Science & Technology
ISRO advances reusable launch vehicle testing
New landing experiment successfully conducted.
Objective: reduce launch costs and enhance commercial competitiveness.
India expands semiconductor mission incentives
Encouraging domestic chip manufacturing and global investment.
🛡 Defence & Security
Indian Navy conducts maritime security exercise in the Indian Ocean
Focus on anti-piracy operations and regional cooperation.
DRDO tests next-generation surveillance drone system
Enhances border monitoring and real-time intelligence.
🌱 Environment & Ecology
India expands mangrove restoration initiative
Coastal resilience project targets restoration of 1,000 sq km of mangrove cover.
Global biodiversity protection agreement gains momentum
Nations accelerate conservation commitments.
🏏 Sports
India wins bilateral T20 series against Australia
India secured series 3–1.
Player of the Series: Suryakumar Yadav for consistent match-winning performances.
Asian Athletics Championships preparation underway
Indian contingent intensifies training for medal prospects.
Badminton World Tour event
PV Sindhu reached the semifinals, boosting Olympic qualification ranking.
📅 Important Days
01 March – World Civil Defence Day
Theme: strengthening disaster preparedness and community resilience.
03 March – World Wildlife Day
Focus on protecting biodiversity and endangered species.
