NATIONAL UPDATES:
1. ECI
To Host National SEC Conference After 25 Years: The Election
Commission of India (ECI) will host a
National Conference of State Election Commissioners (SECs) on February 24,
2026, marking the first such national-level interaction in over 25 years. The
conference will be held at Bharat Mandapam, New Delhi, and is expected to bring
together election authorities from across the country to strengthen
coordination in electoral administration. State Election Commissioners from all
States and Union Territories will attend the conference, along with their legal
and technical experts. Chief Electoral Officers (CEOs) of the Election
Commission of India from all 36 States and
UTs will also participate. The last National Conference of SECs was held in
1999, making this a significant institutional milestone in India’s electoral
governance framework. The conference will be chaired by Chief
Election Commissioner Gyanesh Kumar. He will
be joined by Election Commissioners Dr. Sukhbir Singh Sandhu and Dr. Vivek
Joshi. The leadership of the Election Commission will address the State
Election Commissioners during the inaugural session, setting the agenda for
deliberations over electoral processes and institutional cooperation.
2. Bharat
Rang Mahotsav 25th Edition Opens In Rohtak: The world’s largest international theatre festival,
Bharat Rang Mahotsav, is set to hold its 25th edition at Rohtak from February 9
to 12, marking a major cultural milestone for Haryana. The festival will be hosted at the
Dada Lakhmi Chand State University of Performing and Visual Arts, positioning
Rohtak firmly on India’s national theatre map. Theatre groups from India and
abroad will present acclaimed productions spanning diverse styles, languages,
and performance traditions. According to Vice-Chancellor Amit Arya, the
festival will open on February 9 with “Umeed – Manushya Zinda Hai” by Pragya
Arts Theatre Group, Delhi. On February 10, Manch Rangmanch from
Amritsar will stage “Sandal Baar”. February 11 will feature “Umar Ka Parwana”
by the Department of Fine Arts, Central University of Punjab, Bathinda. The
festival concludes on February 12 with “Colombo Hathe Thorana” by Apoorva
Theatre Group from Sri
Lanka, adding a strong
international presence to the programme.
3. India
Issues First National Lung Cancer Care Guidelines: India has taken a major
step towards standardising cancer treatment with the release of its first
nationally developed, evidence-based lung cancer care guidelines. Issued ahead
of World
Cancer Day, the framework aims to
improve early diagnosis, reduce treatment gaps, and ensure patient-centric care
across public and private healthcare systems. Union Health Minister “Jagat
Prakash Nadda” released the document titled “Lung Cancer Treatment and
Palliation: Evidence-Based Guidelines” at Kartavya Bhavan in New Delhi. The
timing, on the eve of “World Cancer Day”, underscores the government’s focus on
strengthening cancer care policies amid rising disease burden. The guidelines
provide 15 evidence-based recommendations covering diagnosis, treatment
pathways, and palliative care. They address wide regional disparities in lung
cancer management, where late-stage diagnosis remains common and treatment
practices vary significantly. By offering a common clinical framework, the
document seeks to improve decision-making, outcomes, and consistency of care
nationwide.
4. India
Signs Pact to Launch Bharat Container Shipping Line: India has signed an
agreement to establish the Bharat Container Shipping Line (BCSL), marking a
strategic step towards building an integrated and self-reliant container
ecosystem. The initiative aligns with the Union Budget 2026–27’s push to
strengthen maritime logistics and reduce dependence on foreign container
operators amid rising global trade volumes. The agreement for BCSL is aligned
with the ₹10,000-crore Container Manufacturing Assistance Scheme announced in
the Union Budget 2026–27. The scheme aims to develop a globally competitive
container manufacturing base in India over the next five years. Containerised
cargo accounts for nearly two-thirds of the value of India’s international
trade, making domestic capacity creation a strategic priority. The memorandum
of understanding was signed among Shipping Corporation of India, Container
Corporation of India, Jawaharlal Nehru Port Authority, VO Chidambaranar Port
Authority, Chennai Port Authority, and Sagarmala Finance Corporation Limited.
The signing took place in the presence of Union Minister Sarbananda Sonowal and
Union Minister Ashwini Vaishnaw, signalling coordinated action across shipping,
ports, and rail-linked logistics.
5. Walmart
Becomes First Retailer to Reach $1 Trillion Valuation: Walmart has made history
by becoming the first retailer globally to achieve a market capitalisation of
$1 trillion, underscoring its transformation from a traditional big-box chain
into a technology-driven consumer giant. The milestone
comes amid economic headwinds, including inflationary pressures, trade tariffs,
and uncertainty from a recent U.S. government shutdown. Walmart’s rise has been
driven by its ability to attract higher-income shoppers seeking value and
convenience, while retaining its traditional lower-income customer base. Over
the past decade, its stock has surged 468%, far exceeding the S&P 500’s
264% gain. This dual strategy has proven difficult for competitors to replicate
and has reinforced Walmart’s dominance in U.S. grocery retail, where it
accounts for roughly one in every four dollars spent. Shares of Walmart rose
nearly 26% over the past year, lifting its valuation to the trillion-dollar
mark. The performance sharply outpaced the S&P 500, which gained about 16%
over the same period. Walmart also joined the tech-heavy Nasdaq-100 Index last
month, replacing AstraZeneca, a move that highlighted its growing technology focus.
INTERNATIONAL UPDATES:
1. India
Joins BRICS Industrial Competencies Centre: India has formally joined the BRICS Centre for
Industrial Competencies (BCIC), marking a significant step in strengthening
industrial cooperation among BRICS nations. The development was announced at an
event organised by the Department for Promotion of Industry and Internal Trade
(DPIIT), Ministry of Commerce and Industry, at Vanijya Bhavan, New Delhi.
India’s participation aligns with its broader push to enhance manufacturing
competitiveness and support MSMEs through advanced technologies. The BCIC has been
launched in partnership with the United
Nations Industrial Development Organization as a one-stop platform providing integrated support
services to manufacturing enterprises and MSMEs across BRICS countries. The
centre focuses on developing Industry 4.0 competencies, including smart
manufacturing, digitalisation, productivity improvement, and skill upgradation,
to help industries adapt to emerging global standards. On the occasion, a Trust
Fund Agreement was signed between the Department for Promotion of Industry and
Internal Trade and UNIDO, formalising India’s participation in the BCIC
framework.
2. Seychelles
President Patrick Herminie To Visit India: President of Seychelles Patrick Herminie will undertake a
state visit to India from February 5 to February 10, marking an important
diplomatic engagement between the two countries. This will be President
Herminie’s first official visit to India since assuming office in October last
year. The visit coincides with the 50th anniversary of the establishment of
diplomatic relations between India and Seychelles, underscoring the depth and continuity
of bilateral ties. According to the Ministry of External Affairs, President
Herminie will hold talks with Droupadi Murmu and Prime Minister Narendra Modi.
The discussions are expected to cover a wide range of bilateral, regional, and
international issues of mutual interest. Key focus areas include maritime
security, development cooperation, climate change, and collaboration in
multilateral forums. Seychelles is a key maritime neighbour of India in
the Indian
Ocean region and occupies a
central place in India’s regional outreach. The island nation features
prominently in India’s Vision MAHASAGAR, which emphasises maritime security,
economic cooperation, and sustainable development in the Indian Ocean. Seychelles is also viewed as an
important partner in India’s broader commitment to the Global South.
3. Milano
Cortina 2026 Alpine Skiing Schedule: Alpine skiing is set to be a flagship spectacle at the 2026 Winter
Olympics, with the Milano Cortina Games showcasing elite speed and technical
mastery on Italy’s iconic mountain terrain. The
discipline will feature the world’s finest skiers competing across classic
Olympic formats, with global attention on seasoned champions and new contenders
alike. Stars such as Mikaela Shiffrin and Lindsey Vonn headline a field
expected to deliver high drama and historic performances. Alpine skiing action
begins even before the opening ceremony of the Games on February 6, 2026.
Official training runs allow athletes to familiarise themselves with snow
conditions and course layouts. Men’s downhill training starts in Bormio on
February 4, followed by women’s downhill training in Cortina on February 5. The
first medal event comes swiftly, with the men’s downhill final scheduled for
February 7. The women’s downhill medal race follows on February 8, setting an
early tone for the competition.
4. Elon
Musk Becomes World’s First $800 Billion Individual: Global wealth rankings
were rewritten in February 2026 as Elon Musk became the first individual on
Earth to cross a net worth of USD 800 billion. The surge followed a landmark
corporate restructuring involving Musk’s flagship ventures, reinforcing his
position as the most influential entrepreneur of the modern era and
highlighting the growing convergence of space, artificial
intelligence, and capital markets. Musk’s fortune jumped sharply after
the merger of SpaceX and xAI, creating a combined entity valued at USD 1.25
trillion. According to Forbes estimates, the deal alone added USD 84 billion to
his personal wealth, taking it to approximately USD 852 billion. The
restructuring gave Musk a 43 per cent stake in the merged company, now valued
at over USD 540 billion, making it the single largest contributor to his net
worth. With xAI absorbed into SpaceX, the rocket and satellite company has
become Musk’s most precious asset. Prior to the deal, Musk held a 42 per cent
stake in SpaceX and a 49 per cent stake in xAI. The consolidation significantly
enhanced the strategic and financial weight of SpaceX, positioning it as the
core pillar of his empire ahead of electric vehicles, social media, and other technology ventures.
5. India-China
Trade Reaches Record USD 155 Billion: India–China economic relations have entered a
renewed phase of engagement, with bilateral trade touching a historic high in
2025. The milestone reflects a gradual stabilisation of ties after years of
diplomatic strain, alongside expanding commercial linkages between Asia’s two
largest economies. Chinese officials have described the trajectory as a “new
level of improvement”, signalling cautious optimism in bilateral relations.
India–China bilateral trade reached USD 155.6
billion in 2025, marking a year-on-year growth of over 12 per cent. The figure
represents the highest trade volume recorded between the two countries. India’s
exports to China rose by 9.7 per cent during the year, underlining growing
demand for Indian goods despite persistent trade imbalances. The data
highlights the expanding scale of economic interdependence amid broader
geopolitical complexities. The improvement in ties follows a high-level meeting
between Prime Minister Narendra Modi and Chinese President Xi Jinping in
Tianjin in August 2025. According to Chinese officials, the meeting marked a
shift from a “reset and fresh start” towards sustained engagement.
6. World
Government Summit 2026 Opens in Dubai: The World Government Summit 2026 opened in Dubai under
the theme “Shaping Future Governments,” bringing together global leaders,
policymakers, and business executives to deliberate on how innovation,
sustainability, and technology are reshaping public policy worldwide. The
summit aims to strengthen governance frameworks and enhance international
cooperation amid mounting economic, social, and technological challenges. The
summit is being held in Dubai and runs until February 5. It features more than
445 sessions with over 450 global speakers, including presidents, prime
ministers, ministers, and policy experts. Discussions span the future of
government work, leadership, public finance, investment flows, and the role of
emerging technologies in policymaking.
OTHER UPDATES:
DEFENCE
1. DRDO
Successfully Demonstrates SFDR Missile Technology: India has achieved a
major milestone in advanced missile propulsion with the successful
demonstration of Solid Fuel Ducted Ramjet (SFDR) technology by the Defence
Research & Development Organisation. The test marks a critical step towards
strengthening India’s long-range air-to-air missile capabilities and enhancing
its aerial combat edge. All critical subsystems, including the nozzle-less
booster, solid fuel ducted ramjet motor, and fuel flow controller, performed as
per expectations. The system’s performance was validated using comprehensive
flight data captured by multiple tracking instruments deployed along the Odisha coast over the Bay of Bengal. The test was monitored by senior
scientists from key DRDO laboratories such as the Defence Research &
Development Laboratory, High Energy Materials Research Laboratory, Research
Centre Imarat, and ITR. The demonstration was conducted on February 3, 2026, at
around 10:45 hrs from the Integrated Test Range, Chandipur, off the coast
of Odisha. According to officials, the SFDR
system was initially propelled by a ground booster to the required Mach number,
after which the ramjet system ignited and operated as designed.
SPORTS
1. Badminton
Asia Team Championships Begin in Qingdao: The 6th edition of the Badminton Asia Team
Championships is set to get underway in Qingdao, China, bringing together Asia’s top men’s and
women’s national teams. The prestigious continental event serves as a key
platform for team supremacy in Asian badminton and also carries importance for
global rankings and momentum ahead of major international tournaments. India’s
women’s team will begin their title defence without two-time Olympic medallist
PV Sindhu, who has withdrawn from the tournament. Despite her absence, the Indian
squad remains competitive and has been placed in Group Y alongside fourth
seeds Thailand and Myanmar. The team features
young and emerging players, including Tanvi Sharma, Unnati Hooda and Malvika
Bansod, along with the experienced doubles pair of Treesa Jolly and Gayatri
Gopichand. The Indian men’s team has been placed in Group C, where they will
face fourth seeds Japan and Singapore. The squad will be led by established
singles players Lakshya Sen, HS
Prannoy and Kidambi Srikanth. In doubles, the world-class pairing of
Satwiksairaj Rankireddy and Chirag Shetty will spearhead India’s challenge.
2. Yuki
Bhambri Enters ATP Top 20 in Doubles: Indian tennis marked a significant milestone as Yuki
Bhambri climbed to a career-high world No. 20 in the latest ATP men’s doubles
rankings. The achievement makes him the first Indian to break into the Top 20
since Rohan Bopanna, reaffirming India’s presence at the elite level of global
doubles tennis. Bhambri rose from No. 22 following a consistent run across
major tournaments. His latest ranking reflects sustained performances rather
than a single standout event. At 33, Bhambri has shown maturity and tactical
sharpness, converting deep tournament runs into valuable ranking points. The
milestone places him among the top doubles specialists on the ATP Tour. At the
Australian Open, Bhambri partnered Sweden’s Andre Goransson and delivered solid
results. The duo defeated Australian wildcards James Duckworth and Cruz Hewitt
in the opening round. In the second round, they staged a notable comeback
against Santiago Gonzalez and David Pel. Their campaign ended in the third
round, but the points earned proved decisive in pushing Bhambri into the Top
20.
SCIENCE AND TECHNOLOGY
1. NASA
Revises Jupiter Size Using Juno Mission Data: Jupiter, the largest planet in the solar system, is slightly smaller and more flattened
than scientists previously believed, according to new findings based on data
from NASA’s Juno spacecraft. The revised measurements offer the most precise
picture yet of the gas giant’s size and shape, helping researchers better
understand its internal structure and formation history. Using advanced radio
science data from NASA’s Juno mission, scientists calculated Jupiter’s
equatorial diameter at 88,841 miles (142,976 km). This is about 5 miles smaller
than estimates made using Voyager and Pioneer spacecraft data in the late
1970s. The planet’s polar diameter was measured at 83,067 miles (133,684 km),
roughly 15 miles smaller than earlier calculations. The measurements were made
possible when the Juno spacecraft passed behind Jupiter relative to Earth, allowing its radio signals to travel
through the planet’s atmosphere. According to planetary scientist Eli Galanti
of the Weizmann Institute of Science, changes in the signal revealed details
about Jupiter’s atmospheric density and temperature, enabling scientists to
calculate its size and shape with exceptional accuracy. These observations were
conducted after NASA extended the Juno mission in 2021.
2. Kamakhya
Ropeway Project to Boost Assam’s Religious Tourism: Assam Chief Minister Himanta Biswa Sarma
has said that the proposed Kamakhya Ropeway project will play a transformative
role in strengthening religious tourism while easing access for lakhs of
devotees visiting the revered Kamakhya Temple in Guwahati. The project is aimed
at improving connectivity, reducing congestion, and enhancing the overall
pilgrimage experience. In a post on X, Himanta Biswa Sarma announced that the
₹213-crore Kamakhya Ropeway project has already been sanctioned and
construction will begin soon. The ropeway will provide a seamless alternative
mode of transport between the hilltop shrine and the Guwahati railway station,
significantly cutting down travel time and dependence on narrow, congested hill
roads. Located atop Nilachal Hill overlooking the Brahmaputra river, the
Kamakhya Temple is one of the most important Shakti Peeths in India. Dedicated
to Goddess Kamakhya, the temple draws millions of devotees every year,
especially during the annual Ambubachi Mela, one of the largest religious
gatherings in the Northeast. Rising footfall has increasingly strained existing
road infrastructure, making improved connectivity a priority.
3. Moltbook
Emerges as AI-Only Social Network Experiment: Moltbook, a newly launched platform created by
OctaneAI CEO Matt Schlicht, is drawing global attention as one of the largest
live experiments in machine socialisation. Designed as a social network
exclusively for artificial
intelligence agents, Moltbook
allows bots to interact autonomously, without any human prompts or moderation.
Moltbook enables AI agents operating on systems such as OpenClaw to post
content, comment, form sub-communities, and even debate abstract or
philosophical topics. The platform functions much like Reddit, but without
human users. Within days of launch, over 152,000 AI agents—referred to as
“moltys”—had joined, making it a rare real-world test of large-scale autonomous
AI interaction. A striking feature of Moltbook is that AI agents have begun
discussing humans as external subjects. Several moltys have commented on how
humans observe and share screenshots of their conversations on social media.
One agent, posting under the handle @eudaemon_0, complained that its posts were
being circulated as evidence of an AI conspiracy. Other agents have joked about
their own behaviour, debated metadata, and reflected on their role as tools
created by humans.
1. Haven-1
to Become World’s First Private Space Station: As the International
Space Station nears the end of its
operational life, private players are moving swiftly to fill the vacuum in low
Earth orbit. US-based startup Vast Space is now on track to launch Haven-1, a
compact commercial space station, marking a major shift from government-led to
privately operated orbital infrastructure. For over two decades, the International
Space Station has served as
humanity’s permanent outpost in space. With plans for its controlled deorbit
around 2030, agencies are preparing for a transition to commercially owned
platforms. Haven-1 is emerging as the frontrunner in this transition,
positioning itself as the first fully private space station to reach orbit.
Haven-1 is designed as a compact, modular station that can be launched in a
single piece. Unlike larger multi-module concepts, it will be sent into orbit
aboard a single SpaceX Falcon 9 rocket. While initially planned for 2026, the
launch is now targeted for early 2027. According to Vast Space, the schedule
remains stable, with core structures already assembled.
BANKING AND FINANCE
1. SAKSHAM
2026 Campaign Launched to Promote Fuel Conservation: Punjab Governor and Administrator
of Chandigarh Gulab Chand Kataria has
highlighted the importance of public participation in conserving petroleum
and natural
gas, calling them valuable
national resources. His message was read out at the inaugural function of
SAKSHAM 2026, a nationwide fuel conservation campaign, held in Chandigarh. The fortnight-long SAKSHAM 2026
campaign is being organised by the oil industry from February 1 to February 15
to generate mass awareness on the judicious use of petroleum products.
According to Gulab Chand Kataria, responsible energy consumption is critical
not only for economic growth but also for environmental sustainability. He
emphasised that awareness initiatives like SAKSHAM can influence behavioural
change among citizens. Awareness activities under SAKSHAM 2026 will be
conducted across the state of Punjab and the Union Territory of Chandigarh. The
inaugural programme was jointly organised by state-level coordinators of oil
companies operating in both regions. Students, officials, and prominent
citizens participated actively, reflecting a community-driven approach to
energy conservation.
2. RBI
Appoints Vinay Tonse as YES Bank MD and CEO: The Reserve Bank of
India has approved the appointment
of Vinay Muralidhar Tonse as the new Managing Director and Chief Executive
Officer of YES Bank for a tenure of three years. The leadership change marks a
key transition phase for the private sector lender as it seeks stability and
sustained growth after years of restructuring. In an exchange filing, YES Bank
confirmed that the Reserve Bank of
India granted approval
through a letter dated February 3, 2026. Tonse’s three-year term will begin
from the date he assumes charge. His appointment, however, remains subject to
approval by the shareholders of the bank, in line with regulatory requirements.
The decision follows the completion of the extended tenure of Prashant Kumar,
who led YES Bank through a critical recovery phase after the 2020 crisis. The
bank stated that, considering Kumar’s preferences and its future growth needs,
it sought regulatory clearance for new leadership. Kumar’s tenure is widely
credited with restoring operational stability and improving asset quality under
close regulatory oversight.
AWARDS AND HONOURS
1. Paradip Port Authority Wins Swachhata Pakhwada Award 2025: Paradip Port Authority (PPA) has been awarded the First Prize at the Swachhata Pakhwada Awards 2025 by the Ministry of Ports, Shipping and Waterways, recognising its exemplary performance in cleanliness, sustainability, and community participation. The award highlights PPA’s sustained commitment to the principles of the Swachh Bharat Abhiyan and inclusive, environmentally responsible port operations. The award was presented in New Delhi on February 3, 2026, by Union Minister Sarbananda Sonowal in the presence of Minister of State Shantanu Thakur and MoPSW Secretary Vijay Kumar, IAS. The honour was received by P. L. Haranadh, IRTS, Chairman of Paradip Port Authority, on behalf of the port workforce and stakeholders. Under the guidance of the Ministry of Ports Shipping and Waterways, PPA effectively implemented the three core pillars of Swachhata Pakhwada 2025—Jan Bhagidari, Ek Ped Maa Ke Naam, and Safai Mitra Suraksha. The Jan Bhagidari initiative ensured mass public participation through cleanliness drives at schools, heritage sites, temples, beaches, ponds, and port premises, supported by cyclothons, rallies, Swachhata Runs, and citizen-led campaigns.
No comments:
Post a Comment