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Rankings and Recognition:
- Indian Institute of Technology (Indian School of Mines), Dhanbad, is the top-ranked Indian institution in the QS World University Rankings.
Heritage and Culture:
- Kanger Valley National Park in Chhattisgarh was included in UNESCO's tentative heritage list.
- The Dalai Lama received the Gold Mercury Award.
International Relations and Diplomacy:
- Prime Minister Modi inaugurated the Atal Bihari Vajpayee Institute of Public Service and Innovation in Mauritius.
- India became the top source of Foreign Direct Investment (FDI) in Dubai.
- Prime Minister Modi was awarded the Grand Commander of the Indian Ocean award by Mauritius.
- Russia-Ukraine war talks took place in Jeddah, Saudi Arabia.
- Former Asian president arrested on an International Criminal Court warrant.
Economy and Finance:
- The Tamil Nadu government replaced the rupee symbol with Tamil script on some signage.
Festivals and Events:
- The Attukal Pongala Festival, known as the world's largest women's gathering, took place in Kerala.
- Aapda 39, an agricultural food export processing event, was held in Delhi.
Environment and Conservation:
- India ranked fifth among the world's most polluted countries according to the World Air Quality Report 2024.
- Ratan Tata Electronic City: To be established in Assam.
Sports:
- The Indian Army topped the points table in the Khelo India Winter Games 2025, held in Ladakh and Jammu & Kashmir.
Defense and Security:
- The Indian Navy conducted the Corp-et-Bango Sagar exercise in the Bay of Bengal with Bangladesh.
Government Initiatives:
- The Ministry of Culture launched the Gyan Bharat Mission for digital preservation of records.
- Prime Minister Modi paid tribute to participants of the Dandi March on March 12th, commemorating its historical significance.
- Coal India Agreement: With IIT Hyderabad for Clean Coal Energy and Net Zero Hub ("Cleanse").
Appointments:
- Marc Koni became the new Prime Minister of Canada.
- Frederik Merz became the new Chancellor of Germany.
India-Specific Current Affairs:
- Uttar Pradesh launched the RISE app for digital monitoring of routine childhood immunization.
- Assam became the first state to announce the launch of its own satellite.
- The death of Garimela Balakrishna Prasad occurred in Andhra Pradesh.
- India's First Integrated Manufacturing Facility: Started in Himachal Pradesh.
- Madhav National Park in Madhya Pradesh became India's 58th tiger reserve.
Military Exercises:
- Freedom Shield Exercise: Conducted between the USA and South Korea.
Government Appointments:
- Ajay Bahadur appointed CEO of Government e-Marketplace.
Social Welfare Schemes:
- National Livestock Mission's "Go Samridhi" cattle insurance scheme launched in Kerala.
- Project Hifazat for women's safety launched in Punjab.
Awards and Recognition:
- Prime Minister Narendra Modi awarded Barbados' honorary Order of Freedom.
- Banatara (Gujarat) received the National Animal Friends Award.
- IRFC and IRCTC received Navratna status.
- Yuki Bhambri and Purav Raja won their first ATP 500 doubles title in Dubai.
- Menaka Sharma took charge as the Comptroller and Auditor General of Defence Accounts.
Global Indices:
- Burkina Faso tops the Institute for Economics and Peace's Global Terrorism Index 2025.
- Sweden tops The Economist's Glass Ceiling Index 2025 regarding working women.
- Myanmar ranked first, and India second, in the Global Internet Shutdown Report.
Defense and Technology:
- USA issues executive order to establish strategic Bitcoin reserves.
- India's Beyond Visual Range Air-to-Air missile (previously named Astra, now named Gandhiv) discussed.
- DRDO unveils a hypersonic short-range ballistic missile (BM-F).
- Amazon launched the prototype of the first quantum chip, "Ocell."
Other Developments:
- National Ropeway Development Programme's Parvatmala project approved.
- Electronics and IT Ministry unveils AI Kosh, Compute Portal, and iGOT-AI for AI innovation.
- Joint Special Forces Exercise "Khanjar" conducted between India and Kyrgyzstan.
- Shaurya Veerta Utsav, showcasing army capabilities, held in Bihar.
- Anju Rathi Rana becomes India's first female Law Secretary.
- India's first active pharmaceutical ingredients, green hydrogen, and 2G ethanol integrated manufacturing facility starts in Himachal Pradesh.
- Madhav National Park declared India's 58th tiger reserve (Madhya Pradesh).
- Launched the Mukhyamantri Ekal Mahila Swarojgar Yojana in Uttarakhand to support women's self-employment.
- The first World Peace Center in India was inaugurated in Gurugram.
Maternal Mortality Rate:
- The maternal mortality rate (MMR) per 100,000 live births in India has reached 100.
Sports News:
- Steve Smith announced his retirement from international ODI cricket.
- Padmakar Shivalkar, a recently deceased cricketer, was remembered.
- The Indian Navy participated in the Sea Dragon 2025 exercise in Guam.
- FIFA suspended Pakistan, Russia, and Congo from the 2026 World Cup.
- Khelo India Para Games 2025 started in Delhi.
- Sharath Kamal, a table tennis player, announced his international retirement.
- Kerala was the runner-up in the Ranji Trophy.
Economic News:
- According to the Knight Frank Wealth Report, India is ranked fourth among the world's largest global wealth centers.
- India ranked 28th in digital user spending, according to the ICRIER report.
- Ahmedabad is the first urban body to focus on a climate budget.
Government Initiatives & Policy:
- The Indian Artificial Limbs Manufacturing Corporation launched its first assistive production center in Tripura.
- The Ministry of Panchayati Raj launched the "Netri Abhiyan."
International Affairs & Reports:
- A new global alliance, C3, for sustainable urban development was formed during a meeting in Jaipur.
- Christian Stürmer was sworn in as the Federal Chancellor of Austria.
Space Exploration:
- Blue Origin's NS-23 flight included a second Indian-origin astronaut, Tushar Mehta
- Intuitive Machines' Odysseus mission was the first private mission to achieve a lunar soft landing.
- NASA will launch the SPHEREx mission to study events shortly after the Big Bang.
Environment:
- Mount Fantal volcano in Ethiopia emitted a methane plume.
- World Wildlife Conservation Day is celebrated on March 3rd.
- The Blue Flag certification of Rushikonda Beach in Andhra Pradesh was temporarily suspended.
Supreme Court Decision:
- The Supreme Court declared anti-discrimination based on disability a fundamental right.
Joint River Commission Meeting: Meeting between India and Bangladesh held in Kolkata.
Disease Outbreak: Over 50 deaths due to a "crying disease" in the Democratic Republic of Congo (Zaire).
Tanushree Singh became the first female pilot of the Indian Air Force's Jaguar squadron.
Uttar Pradesh had the highest number of dolphins according to a recent dolphin count.
Mars' Red Color: NASA studies attribute Mars' red color to iron oxide.
Military Exercise: The integrated tri-service special forces exercise Desert Hunt 25 was held in Rajasthan, involving the Indian Army, Navy, and Air Force.
Autobiography: Diya Salai is the autobiography of Kailash Satyarthi.
World Civil Defence Day: Celebrated annually on March 1st.
Bund Central Database Portal: Launched by the Securities Exchange Board of India (SEBI).
Shaba Women's Championship: India won the 3rd Shaba Women's Championship.
INOX India Certification: INOX India received the first IATF 16949 certificate for cryogenic fuel tanks; headquarters are in Gujarat.
Spiritual Corridors: Five spiritual corridors announced in Uttar Pradesh.
Private Spacecraft: Blue Ghost is the second private spacecraft to soft-land on the moon.
Tropical Cyclones: Rai, Seru, and Alfred are names of tropical cyclones.
3R and Circular Economy Forum: 12th Regional 3R and Circular Economy Forum inaugurated in Jaipur, India.
Blue Origin NS-23 Flight: Tushar Mehta was the second Indian-origin astronaut; Gopi Thotakuri was the first.
Dolphin Population: Uttar Pradesh has the highest dolphin population (first dolphin census).
Mount Fantal Volcanic Eruption: Ethiopian volcano emitted methane plume.
Female Jaguar Squadron Pilot: Tanushka Singh is the first female Jaguar squadron pilot.
Ranji Trophy 2025: Kerala was the runner-up.
Academy Awards: "Anora" won the Best Picture Oscar.
World Wildlife Conservation Day: Celebrated on March 3rd.
Developments in India:
- Lead-free perovskite LEDs developed in Hyderabad.
- Madhavi Puri Buch replaced as 11th Chairperson of SEBI.
- Sarbananda Sonowal launched national port and Maitri app in Mumbai.
- YES Bank included in S&P Global Sustainability Ranking 2025.
- A stitched ship launched in Goa (ancient shipbuilding techniques).
- National Summit on Health and Family Welfare held in Odisha.
- National Science Day observed on February 28th.
- Pran Mitra and Jeevdaya awards related to Indian Animal Welfare Board.
- 4000-year-old wooden circle discovered in Denmark.
International Affairs:
- Kurdistan Workers' Party associated with Turkey.
- U.S. designated English as its official language.
Government Spending Priorities:
- Defense received the highest allocation.
- Rural development was second.
- Ministry of Home Affairs was third.
- Agriculture was fourth.
Current Events (March 1st-15th, 2025):
- NASA's PUNCH mission: Focuses on the Sun.
- Juno mission: Launched by China, related to Jupiter.
Fiscal Deficit: 4.8% in 2024-25, projected to decrease to 4.4% in 2025-26.
Tax Changes:
- Tax exemption on 36 life-saving drugs.
- New Income Tax regime introduced.
- Revised tax slabs:
Income Slab (in ₹ Lakhs) Tax Rate (%) 0-4 0 4-8 5 8-12 10 12-16 15 16-20 20 20-24 25 Above 24 30 - Income up to ₹12 Lakhs is tax-free.
Government Revenue Sources:
- Borrowing: 24%
- Corporation Tax: 17%
- Income Tax: 22%
- GST: 18%
Government Expenditure:
- States' share of taxes and duties: 22%
- Interest payments: 20%
- Defense: Highest expenditure
- Rural Development: Second highest expenditure
- Home Ministry: Third highest expenditure
- Agriculture: Fourth highest expenditure
Changes in FDI Limits: The FDI limit in the insurance sector has been increased from 74% to 100%.
Jal Jeevan Mission: Extended to 2028.
Ocean Development Fund: Government contributes 49%.
Udan Yojana: 120 new flight destinations planned in 10 years.
Bihar Infrastructure: Greenfield airport, West Kosi Canal project.
Jnana Bharatam Mission: Preserve 1 crore hand-written manuscripts.
Export Promotion: "Bharat Trade Net" platform launched.
Insurance Sector: FDI limit increased from 74% to 100%.
Fiscal Deficit Projections:
- 2024-25: 4.8% of GDP
- 2025-26: 4.4% of GDP
Atal Tinkering Labs: 50,000 in government schools in 5 years.
Indian Language Book Scheme: Books translated into local languages.
National Skill Excellence Centers: 5 centers for "Make for India" and "Make for the World".
Education and AI: ₹500 crore for AI in education excellence centers.
Cancer Care: Day-care cancer hospital in every district hospital within 3 years.
India Trade Net Platform: Improves supply in the export sector.
MSME Definition Changes:
- Investment thresholds:
- Micro: ₹2.5 crore
- Small: ₹25 crore
- Medium: ₹125 crore
- Turnover thresholds:
- Micro: ₹10 crore
- Small: ₹100 crore
- Medium: ₹500 crore
- Investment thresholds:
Credit Card for Micro Industries: ₹5 lakh credit card via Udyam portal.
National Manufacturing Mission: Footwear, toy, and food processing industries.
Kisan Credit Card (KCC) Limit Increase: Increased from ₹3 lakh to ₹5 lakh.
Assam Urea Plant: New urea plant in Namrup; 12.7 lakh metric tons capacity.
Agricultural Initiatives:
- Pradhan Mantri Dhan Dhanaya Krishi Yojana: 100 districts, 1.7 crore farmers.
- Pulse Self-Reliance Mission: 6-year mission (tur, urad, masoor).
- Missions for vegetables, fruits, and millets (Shree Anna). 2023: Year of millets.
- Makhana Board established in Bihar.
- National High-Yield Seed Mission.
- Cotton Production Mission: 5-year mission.
Budget 2025-26: Presented by Nirmala Sitharaman for the eighth time.
- Focuses on achieving a "developed India" through six key points: poverty eradication, quality education, accessible healthcare, skilled workforce, increased female participation in economic activity, and making India the "food basket of the world".
- Morarji Desai presented the budget the most times (10).
- The first budget in India was presented in 1860 by James Wilson.
- The first budget after independence was presented by K. Shanmukham Chetty.
- John Mathai presented the first budget in a Republic of India.
- Indira Gandhi was the first woman to present a budget.
- Nirmala Sitharaman presented the longest budget in 2020.
- The budget was presented on February 1st.
Vision of a Developed India: Six key aspects: poverty eradication, 100% school education, affordable and accessible healthcare, 100% skilled workforce, 70% women's participation in economic activity, and establishing India as the "Food Basket of the World".
Budget's Four Engines: Agriculture, MSMEs, Investment, and Exports. Reforms serve as the fuel, inclusivity as the guidance, and a developed India as the destination.
Agriculture Initiatives:
- Pradhan Mantri Dhan Dhaanay Krishi Yojana: Aims to increase agricultural productivity, launched in 100 districts, expected to benefit 1.7 crore farmers.
- Pulse Self-Reliance Mission: A 6-year mission focusing on tur, urad, and masoor lentils.
- Missions for vegetables, fruits, and millets (Shree Anna) are also mentioned, with 2023 declared as the year of millets.
- Makhana Board: To be established in Bihar.
Other Missions:
- National High-Yielding Seed Mission: Focuses on high-yield seeds.
- Cotton Production Mission: A 5-year mission to improve cotton quality and boost the textile industry.
Kisan Credit Card: Limit increased (specific amount not provided in this chunk).