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SEBI Revamps Mutual Fund Rulebook

Why in the News The Securities and Exchange Board of India introduced major reforms for the ₹81 lakh crore mutual fund industry to ensure schemes remain true to their stated objectives. Key Changes 1. Solution-Oriented Schemes Discontinued No fresh inflows allowed in retirement and children funds. Existing schemes to be merged with similar asset allocation… Continue reading

India–Israel Elevate Ties to Special Strategic Partnership

Why in the News India and Israel elevated bilateral relations to a Special Strategic Partnership for Peace, Innovation and Prosperity during Prime Minister Narendra Modi’s visit to Israel. A total of 17 pacts were signed. Key Outcomes 1. Upgrade of Bilateral Ties Earlier: Strategic Partnership since 2017 Now: Special Strategic Partnership Focus on technology, defence,… Continue reading

New GDP Series to Better Capture Economy

Why in the News The Ministry of Statistics and Programme Implementation will release a new GDP series on February 27, 2026, updating the base year to 2022-23 and introducing major data and methodological improvements. Key Changes 1. Base Year Updated From 2011-12 to 2022-23 Reflects current economic structure including digitalisation and formalisation 2. Better Corporate… Continue reading

DGCA Revises Airfare Refund and Cancellation Rules

Why in the News The Directorate General of Civil Aviation has revised airfare refund and cancellation rules to address rising passenger grievances. The new rules will come into effect from March 26, 2026. Why the Changes Were Introduced DGCA stated that refund related complaints have become a major source of grievance, including: Delayed refunds Airlines… Continue reading

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[26th February 2026] The Hindu OpED: Balancing faith, dignity and constitutional rights?

PYQ Relevance [UPSC 2021] ‘Constitutional Morality’ is rooted in the Constitution itself and is founded on its essential facets. Explain the doctrine of ‘Constitutional Morality’ with the help of relevant judicial decisions. Linkage: The 2018 Indian Young Lawyers Association v State of Kerala invoked constitutional morality to prioritise equality and dignity over exclusionary religious practices.… Continue reading

What are carbon capture and utilization technologies?

Why in the News? Carbon Capture and Utilisation (CCU) has gained attention as India advances its Draft 2030 CCUS Roadmap and aligns industrial policy with its Net Zero 2070 commitment. With India remaining the world’s third-largest CO₂ emitter and emissions concentrated in hard-to-abate sectors like cement and steel, CCU is being positioned as a key… Continue reading

How are India firms training LLMs?

Why in the News? India has made its first major push into foundational AI model training by releasing domestically developed 35B and 105B parameter LLMs using subsidised Graphics Processing Unit (GPU) infrastructure under the IndiaAI Mission. With over 36,000 GPUs commissioned and 4,096 allocated to select firms, the move marks a strategic shift from dependence… Continue reading

India–France Sign Amending Protocol to Update DTAC

Why in the News India and France have signed an Amending Protocol to update the India–France Double Taxation Avoidance Convention (DTAC) of 1992, aligning it with current international tax standards and strengthening bilateral economic cooperation. The Protocol was signed by the Chairperson of the Central Board of Direct Taxes and the French Ambassador to India.… Continue reading

India Conducts VAJRA PRAHAR with US and DHARMA GUARDIAN with Japan

Why in the News India is simultaneously hosting two major bilateral military exercises: The 16th edition of Exercise VAJRA PRAHAR with the United States in Himachal Pradesh. The 7th edition of Exercise DHARMA GUARDIAN with Japan in Uttarakhand. Both drills aim to enhance interoperability and strengthen defence cooperation. 1. Exercise VAJRA PRAHAR (India–US) Participants Indian… Continue reading

India and GCC Sign Joint Statement Launching FTA Negotiations

Why in the News India and the Gulf Cooperation Council signed a Joint Statement on February 24, 2026 in New Delhi, formally launching negotiations for an India–GCC Free Trade Agreement. The statement was signed by Piyush Goyal and GCC Secretary General Jasem Mohamed Albudaiwi. About the Gulf Cooperation Council The GCC is a regional bloc… Continue reading

Women’s Economic Opportunity Laws Only Half Enforced Globally

Why in the News The latest Women, Business and the Law report by the World Bank Group finds that laws ensuring women’s economic equality are only about half enforced globally, creating large gaps between legal rights and real world outcomes. Key Findings Enforcement Gap Average legal equality score on paper: 67 out of 100 Enforcement… Continue reading

SC Registers Suo Motu Case Over NCERT Textbook Reference

Why in the News The Supreme Court of India has registered a suo motu case over a reference to “corruption in the judiciary” in a Class 8 Social Science textbook published by the National Council of Educational Research and Training. The matter is titled In Re: Social Science Textbook for Grade 8 (Part 2) published… Continue reading

[25th February 2026] The Hindu OpED: India’s trade strategy in a multipolar world

PYQ Relevance [UPSC 2024] “The West is fostering India as an alternative to reduce dependence on China’s supply chain and as a strategic ally to counter China’s political and economic dominance.’ Explain this statement with examples.” Linkage: This question directly links to India’s recent FTAs with the EU and the U.S., which aim to position… Continue reading

Cabinet’s nod to rename Kerala as Keralam

Why in the News? The Union Cabinet approved the proposal to alter the name of Kerala to “Keralam” under Article 3 of the Constitution. The proposal follows unanimous resolutions passed by the Kerala Legislative Assembly in 2023 and 2024. The Centre will now refer the Bill to the State Legislature for views before Parliamentary approval.… Continue reading

As PM visits Israel, how ties evolved over the years

Why in the News? Prime Minister Narendra Modi’s 2026 visit to Israel comes amid the Gaza conflict, US-Iran tensions, and shifting West Asian geopolitics. Since the first-ever standalone PM visit in 2017, ties have become overtly strategic, particularly in defence and technology. The visit is significant as India balances Israel partnership, Gulf energy interests, and… Continue reading

Land Use Change Reshaping Spider Communities in the Himalayas

Why in the News A new study published in Insect Conservation and Diversity by researchers from the Wildlife Institute of India finds that land use change and elevation are significantly reshaping spider communities in the north western Indian Himalayas, potentially reducing ecosystem resilience. What Did the Study Examine? Surveyed spiders along an elevational gradient of… Continue reading

New GDP Series Will Not Use UPI Data

Why in the News The Ministry of Statistics and Programme Implementation has decided not to use Unified Payments Interface transaction data in India’s new GDP series with base year 2022 to 23, citing instability and classification limitations. Why Was UPI Data Considered? UPI transaction data from the National Payments Corporation of India provides: Value of… Continue reading

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