99 verified updates with instant GK Bytes — for Punjab Police, RSSB LDC, SSC & state exams.
A Bill amending the Industrial Relations Code, 2020 was introduced and passed by both Houses during the Budget session, advancing labour-law reform.
The Delhi Cabinet (CM Rekha Gupta) approved the EV Policy 2026, involving about Rs 15,000 crore of investment over four years for purchase incentives, charging infrastructure and road-tax concessions.
The Delhi government rolled out 'Bhu-Aadhaar', assigning a unique 14-digit ULPIN (Unique Land Parcel Identification Number) to every land parcel to modernise land records and improve ownership transparency.
Finance Minister Nirmala Sitharaman presented the Union Budget for FY27, with total expenditure pegged at Rs 53,47,315 crore (up 7.7% over 2025-26 RE) and receipts other than borrowings at Rs 36,51,547 crore.
The FY27 fiscal deficit is targeted at 4.3% of GDP (down from the 4.4% revised estimate for FY26), with the revenue deficit at 1.5% and nominal GDP growth assumed at 10%.
Capex for FY27 was increased to Rs 12.2 lakh crore (from Rs 11.2 lakh crore) to sustain infrastructure-led growth; effective capex was projected at 4.4% of GDP.
Personal income-tax slabs stayed unchanged under both regimes; income up to Rs 12 lakh (Rs 12.75 lakh for salaried, with Rs 75,000 standard deduction) remains effectively tax-free in the new regime.
The Ministry of Defence received the highest allocation at Rs 7,84,678 crore (about 15% of total central expenditure), with defence capital outlay at Rs 2,19,306 crore, 17.6% higher than the FY26 revised estimate.
The Ministry of Railways received Rs 2,77,830 crore in capital allocation for FY27, a 10.25% increase and its highest ever.
The Budget announced seven new high-speed rail corridors connecting major cities and 20 new national waterways to be made operational over five years.
Securities Transaction Tax rates on Futures & Options were increased, and a tax holiday until 2047 was announced for foreign companies providing global cloud services using Indian data centres.
The Survey noted India's lowest average CPI inflation (1.7%) for Apr-Dec 2025 since the series began, forex reserves of about US$701.4 billion (~11 months of import cover), and India as the top remittance recipient (US$135.4 billion in FY25).
Merchandise exports in January 2026 were US$36.56 billion and imports US$71.24 billion; combined (goods + services) total exports were US$80.45 billion (+13.17% YoY), with gold imports surging.
The Budget proposed reviving 200 legacy industrial clusters, setting up a 'High Level Committee on Banking for Viksit Bharat', and introducing derivatives on corporate bonds.
Following the Budget announcement, the RBI released a draft revised master direction enabling Total Return Swaps on corporate bonds and Credit Default Swaps, specifying eligible participants and prudential norms.
The RBI released draft directions to permit commercial banks to lend to Real Estate Investment Trusts (previously not allowed), subject to safeguards, and to harmonise InvIT lending norms.
The MPC retained a neutral policy stance by a 5:1 majority (one member voted for an accommodative stance), supported by resilient growth and benign inflation.
The RBI introduced measures for cooperative banks - higher housing-loan limits, expanded branch openings, improved deposit security and priority-sector lending support via NCDC - under the 'Sahakar Sarthi' push.
The government launched a Central Bank Digital Currency (CBDC)-based Public Distribution System in Gujarat to enable secure, transparent and faster food-grain distribution to beneficiaries.
Moody's projected a stable outlook for India's banking sector, supported by expected FY27 growth and low system-wide NPAs projected at 2-2.5%.
India's cumulative total exports (goods + services) during April-January 2025-26 were estimated at US$720.76 billion, up 6.15% over the same period a year earlier.
At the AI Impact Summit, Reliance Industries pledged US$110 billion over seven years toward AI-focused infrastructure - the single largest corporate AI commitment announced during the summit.
W Health Ventures announced an initial close of Rs 550 crore for a healthcare Fund II, and IIT Madras Research Park with Unicorn India Ventures launched a Rs 600 crore deeptech-focused fund.
In its first policy of 2026, the RBI's Monetary Policy Committee kept the repo rate unchanged at 5.25%, following a 25 bps cut in December 2025 (cumulative 125 bps in the cycle). SDF stayed at 5.00%, MSF and Bank Rate at 5.50%.
MSME-focused lender Aye Finance launched its Rs 1,010 crore IPO, open from 9-11 February, amid strong primary-market activity.
AI and analytics firm Fractal Analytics opened its Rs 2,833.9 crore IPO in the same window, reflecting strong investor appetite for AI-driven enterprises.
A new Consumer Price Index series adopting 2024 as its base year was released; CPI inflation for January 2026 stood at about 2.75% under the new base.
The RBI informed regulated entities of Financial Action Task Force (FATF) updates concerning jurisdictions with strategic deficiencies in anti-money-laundering and counter-terror-financing frameworks.
MoSPI released a revised GDP series shifting the base year from 2011-12 to 2022-23; under the new series FY26 GDP growth (second advance estimate) is 7.6% and Q3 (Oct-Dec 2025) grew 7.8%.
The Union Cabinet approved Startup India Fund of Funds 2.0 with a corpus of Rs 10,000 crore to mobilise venture capital for early-growth-stage startups, including beyond major metros.
The Cabinet approved the Urban Challenge Fund to provide central assistance to urban local bodies for transit planning, urban mobility, climate resilience and water/sanitation infrastructure.
The Cabinet approved the National Scheme for Upgradation of ITIs and five National Centres of Excellence for Skilling, with a total outlay of Rs 60,000 crore over five years.
The Cabinet approved a Small Hydro Power (SHP) development scheme for FY 2026-27 to FY 2030-31 to promote clean, decentralised hydropower generation.
A five-year Biopharma SHAKTI scheme with an outlay of Rs 10,000 crore was announced to make India a global biopharma and biologics manufacturing hub.
The Summit generated over US$200 billion in expected AI-related investment; the New Delhi Frontier AI Impact Commitments were announced by 13 leading global and Indian frontier-model developers.
PM Modi unveiled India's 'MANAV Vision' for human-centric, ethical AI governance, built on five principles - Moral/ethical systems, Accountable governance, National sovereignty, Accessible design and Valid processes.
India announced a US$175 million Special Economic Package for Seychelles - a US$125 million rupee-denominated Line of Credit plus US$50 million in grants - covering an Extradition Treaty, UPI, Jan Aushadhi and agriculture.
India and the US announced a framework for an interim trade agreement under which India would cut tariffs on US industrial and many agricultural goods, and US reciprocal tariffs on Indian exports would be reduced to 18%.
As part of PM Modi's Israel visit, the two sides finalised an accord to send about 50,000 Indian workers to Israel over five years, deepening labour-mobility ties.
President Dr Patrick Herminie made his first state visit to India as President; the two sides signed nine agreements and unveiled the 'SESEL' Vision for the partnership.
India hosted the India AI Impact Summit at Bharat Mandapam - the first in the series hosted by a Global South nation - drawing 20+ heads of state and delegations from over 100 countries, structured around three Sutras: People, Planet and Progress.
Emmanuel Macron visited India and participated in the AI Impact Summit; he and PM Modi held bilateral talks and jointly inaugurated the India-France Year of Innovation 2026 in Mumbai.
PM Modi announced a 'Special Global Strategic Partnership' with France, agreeing a 'Roadmap of Shared Prosperity' (including a double-taxation-avoidance agreement) and continued submarine cooperation.
President Luiz Inacio Lula da Silva led the largest-ever Brazilian delegation to India, attended the AI Summit and held bilateral talks; India and Brazil set a bilateral trade target of US$30 billion by 2030.
The Summit concluded with the New Delhi Declaration, endorsed by over 90 countries and international organisations - the first major AI-governance framework from the Global South, favouring flexible guardrails over rigid compliance.
PM Modi made a state visit to Israel at PM Netanyahu's invitation, visited the Yad Vashem Holocaust memorial and met President Isaac Herzog, with ties elevated to a 'Special Strategic Partnership'.
India and Israel signed 16 economic, security and diplomatic agreements (agriculture, cyber, AI, education), welcomed Terms of Reference for Free Trade Area negotiations, and agreed on 50,000 Indian workers over five years.
The Defence Acquisition Council approved procurement proposals worth about Rs 3.6 lakh crore, anchored by 114 Rafale fighter jets from Dassault (~Rs 3.25 lakh crore) - 18 from France and 96 assembled in India - plus six P-8I aircraft and T-72 tanks.
Alongside MILAN, the Indian Navy hosted the International Fleet Review 2026 and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs at Visakhapatnam, aligned with the 'MAHASAGAR' vision.
The Indian Navy's flagship multilateral exercise MILAN 2026 was held under the Eastern Naval Command with 74 friendly foreign countries, 42 ships/submarines and 29 aircraft; the closing ceremony was aboard INS Vikrant.
The 7th edition of the India-Japan joint military exercise concluded at Chaubattia, Uttarakhand, running 24 February to 9 March 2026, to enhance interoperability in jungle and semi-urban terrain.
The 16th edition of the India-US joint Special Forces exercise was held at the Special Forces Training School, Bakloh, Himachal Pradesh, from 24 February to 16 March 2026.
INS Anjadip, an Anti-Submarine Warfare Shallow Water Craft, was commissioned into the Indian Navy at Chennai, part of the Navy's record induction plan for 2026.
DRDO conducted three consecutive successful flight trials of the indigenous Very Short-Range Air Defence System (VSHORADS) from the Integrated Test Range, Chandipur, Odisha - a man-portable system against low-altitude threats and drones.
The European Space Agency's PROBA-3 coronagraph/heliophysics mission suffered an anomaly causing loss of contact with one of its two formation-flying spacecraft (contact was re-established in March).
Arianespace launched 32 Amazon Leo (Project Kuiper) satellites on the first-ever flight of the Ariane 64 heavy-lift configuration - the most powerful version of Europe's Ariane 6.
ISRO and DRDO conducted the final qualification-level load test for the Gaganyaan crew module at the Terminal Ballistics Research Laboratory (TBRL), Chandigarh, evaluating high-speed aerodynamic loads and re-entry trajectory changes.
NASA rolled the SLS rocket back into the Vehicle Assembly Building on 25 February after an upper-stage anomaly, to preserve an April launch date; Artemis II eventually launched on 1 April 2026.
The Budget announced the launch of India Semiconductor Mission 2.0 to strengthen domestic chip manufacturing and supply chains, building on ISM 1.0.
Sarvam AI open-sourced two foundation models under the IndiaAI Mission - Sarvam 30B (32-billion-parameter Mixture-of-Experts) and Sarvam 105B (106-billion-parameter) - trained on Indian compute and optimised for 22 Indian languages.
India released a national Post-Quantum Cryptography (PQC) roadmap to protect critical infrastructure and digital assets against future quantum-computing threats.
At the Summit, IT Minister Ashwini Vaishnaw announced 20,000 additional GPUs for the national AI compute pool under the IndiaAI Mission (sanctioned outlay Rs 10,371.92 crore).
Union Health Minister J.P. Nadda launched SAHI (Safe and Accountable Healthcare AI) and BODH, a health-AI benchmarking platform developed by IIT Kanpur and the National Health Authority.
Around the AI Impact Summit, India set a Guinness World Record for the most pledges received for an AI-responsibility campaign in 24 hours, with over 2.5 lakh validated pledges.
Observed on 4 February under the multi-year (2025-2027) theme 'United by Unique', centring people and their stories in cancer care.
The Amaravati Quantum Valley was inaugurated at Uddandarayunipalem, Andhra Pradesh, with IBM, TCS and L&T as partners. It is anchored by an IBM Quantum System Two, described as India's largest quantum computer to date.
Gnani.ai unveiled a 5-billion-parameter voice-to-voice foundational model, 'Inya VoiceOS', for natural spoken interaction across Indian languages, launched at the AI Impact Summit.
Telangana CM A. Revanth Reddy inaugurated the 23rd BioAsia 2026, Asia's premier life-sciences forum, at the HITEX Exhibition Centre, Hyderabad.
The foundation stone was laid for a Rs 3,700 crore semiconductor unit, 'India Chip Private Ltd' - a Foxconn (Taiwan)-HCL Group joint venture - at Jewar, Uttar Pradesh.
PM Modi inaugurated Micron Technology's semiconductor Assembly, Test and Packaging facility at Sanand, Gujarat - India's first operational semiconductor facility - which handed over its first shipment of made-in-India memory modules to Dell.
Observed on 28 February with the theme 'Women in Science: Catalysing Viksit Bharat', commemorating C.V. Raman's discovery of the Raman Effect in 1928.
The Government launched a nationwide HPV vaccination programme for cervical-cancer prevention, offering the vaccine free at government facilities to about 1.15 crore girls aged 14 across all States/UTs.
Ahead of World Wetlands Day, India designated two new Ramsar sites - Patna Bird Sanctuary (UP) and Chhari-Dhand (Gujarat) - taking the national total to 98, the most in Asia and third globally.
Chhari-Dhand, a ~22,700-hectare seasonal desert wetland in the Banni grasslands of Kutch, became a Ramsar site - a major congregation site for flamingos, pelicans, cranes and raptors.
Patna Bird Sanctuary in Etah district, a small but ecologically significant wetland supporting 200+ bird species including migratory cranes and raptors, was designated a Ramsar site.
India's sixth All India Tiger Estimation cycle continued Phase I field surveys through February; initial estimates suggest the tiger population may rise 10-15% from the 3,682 recorded in 2022.
Observed on 2 February with the theme 'Wetlands and Traditional Knowledge: Celebrating Cultural Heritage', marking the 1971 signing of the Ramsar Convention.
Released at Nimli, near Alwar (Rajasthan) by the Centre for Science and Environment and Down To Earth, the report warned that multiple planetary boundaries are being breached and highlighted intensifying human-tiger conflict.
The opening ceremony (6 February) was staged mainly at San Siro, Milan, before nearly 61,000 spectators; the closing ceremony (22 February), themed 'Beauty in Action', was held at the historic Verona Arena.
Norway's cross-country skier Johannes Hoesflot Klaebo won six gold medals, becoming the first Winter Olympian to win six golds at a single Games.
India was represented by alpine skier Arif Khan (men's slalom) and cross-country skier Stanzin Lundup (10 km). Arif Khan was India's flag-bearer at the opening ceremony.
Arif Khan finished 39th in the men's slalom - India's best-ever result in the event - and became the first Indian to compete in two consecutive Winter Olympics. India remains without a Winter Olympic medal.
Royal Challengers Bengaluru won the Women's Premier League 2026 title at Vadodara, beating Delhi Capitals by 6 wickets. Chasing 204, RCB pulled off the highest run-chase in WPL history (Smriti Mandhana 87) for their second title.
The XXV Olympic Winter Games were held across Milan and Cortina d'Ampezzo, Italy - the first Games with the opening ceremony spread across multiple locations.
Norway topped the tally with 41 medals (18 gold), followed by the USA (33) and host Italy (30). Norway's 41 total and 18 golds are new all-time records for a single Winter Games.
At the 68th Annual Grammy Awards, Bad Bunny won Album of the Year - the first primarily Spanish-language album to win the category. Trevor Noah hosted for the sixth and final time.
Kendrick Lamar was the night's biggest winner with five awards, including Record of the Year, becoming the most-awarded hip-hop artist in Grammy history; Olivia Dean won Best New Artist.
Vice President C.P. Radhakrishnan launched Dr Shashi Tharoor's book 'The Sage Who Reimagined Hinduism: The Life, Lessons & Legacy of Sree Narayana Guru' in New Delhi.
Vice President C.P. Radhakrishnan released 'Atal Bihari Vajpayee: The Eternal Statesman', authored by Vijay Goel, at the Dr Ambedkar International Centre, New Delhi.
Held at the Royal Festival Hall, London, Paul Thomas Anderson's 'One Battle After Another' won six awards including Best Film; Sean Penn won Best Supporting Actor and Ryan Coogler's 'Sinners' won three.
Punjab State Power Corporation Limited (PSPCL) appointed its first-ever woman Director (Commercial), a notable milestone in the state power utility's leadership.
The UN-designated day was observed to promote efforts to tackle poverty, exclusion, gender inequality and unemployment, and to advance decent work and social protection.
Observed with UNESCO's 2026 theme 'Youth Voices on Multilingual Education', placing young people at the centre of the multilingualism conversation.
Indian-origin anesthesiologist Dr Seshagiri Mallampati, 85, known for the globally used 'Mallampati score' for airway assessment, died in February 2026.
Former Jammu & Kashmir MLA Qamar Ali Akhoon, 68, who served multiple terms in the erstwhile state assembly, died in February 2026.
Veteran film music director S.P. Venkatesh, known for his work in Malayalam and Tamil cinema, died at his residence in Chennai.
Film and television producer-director Anand Sagar, associated with popular mythological TV serials, died in Mumbai at the age of 84.
Veteran film and television actress Pravina Deshpande passed away, mourned across the Marathi and Hindi entertainment industries.
India's passport ranking improved to 75th (up 10 places from 85th), reflecting expanded visa-free and visa-on-arrival access for Indian passport holders.
It covers 99 verified current affairs from February 2026 across 15 sections including polity, economy, international relations, government initiatives, science, defence, sports and awards. Each item includes a short explanation and a GK Byte linking it to static general knowledge.
Yes. The full February 2026 capsule PDF is free to download on MockSutra, with no login required.
It is built for Punjab Police Constable, RSSB LDC / Junior Assistant, SSC and state PSC exams, and is useful for any Indian government exam with a current affairs section.
Read each story's heading and explanation once, note the GK Byte, then use the PDF for a fast final skim before your exam.