Shriram Finance will issue 47.11 crore equity shares at ₹840.93 apiece to Japan’s MUFG Bank. MUFG Bank will hold a 20% minority stake in Shriram Finance on a fully diluted basis.
Daily current affairs for 28 February 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.
Today at a glance
[Indian Railway Finance Corporation Ltd (IRFC)]
Key Updates:
Shriram Finance will issue 47.11 crore equity shares at ₹840.93 apiece to Japan’s MUFG Bank. MUFG Bank will hold a 20% minority stake in Shriram Finance on a fully diluted basis.
Central Bank of India (CBI) has entered into a distributorship agreement with HSBC Asset Management India Pvt Ltd (HSBC AMC) to offer mutual fund products to its customers. HSBC AMC, which acquired the L&T Investment…
Karthikeyan Manickam has been appointed as the Chairman of ESAF Small Finance Bank. He formerly served as the Executive Director of Bank of India.
Indian Railway Finance Corporation (IRFC) provided a Rs 9,821 crore loan to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL). The rupee-denominated term loan is intended to refinance foreign currency debt…
[NSE International Exchange (NSE IX)]
Key Updates:
National Payments Corporation of India (NPCI) extended UPI One World wallet service to international delegates attending India AI Impact Summit 2026 held at Bharat Mandapam, New Delhi, from 16-20 February. The wallet…
Wise launched its multi-currency Travel Card in India. India recorded 3.89 crore outbound departures in 2024.
The Department of Posts (DoP) and the National Stock Exchange of India (NSE) have signed a pact to expand mutual fund access through the NSE MF Invest platform. The partnership leverages the network of over 1.64 lakh…
The Reserve Bank of India (RBI) has granted final authorisations to In-Solutions Global Ltd (ISG) to operate as a Payment Aggregator (PA). The authorisations cover three specific categories: Online (PA-O)…
[Sikkim]
Key Updates:
Maharashtra Chief Minister Devendra Fadnavis announced that the Navi Mumbai International Airport will be named after the late Dinkar Balu Patil. Dinkar Balu Patil, popularly known as DB Patil, was a senior leader from…
Prime Minister Narendra Modi inaugurated Adampur Airport and renamed it after Sri Sant Guru Ravidas Ji on the 649th birth anniversary of the saint. PM Modi also inaugurated the new terminal building at Halwara Airport in…
Singapore Changi Airport has been voted the best international airport in the world for 2025 at India’s Best Awards, by Travel+Leisure. The award was announced as part of the 14th edition of India’s Best Awards, which…
Members of Congress and Kongu organisations observed the 105th birth anniversary of T M Kaliyannan on January 10, 2026. T M Kaliyannan served as a member of the Provisional Parliament of India, the Tamil Nadu legislative…
Key Updates:
Union Minister for Road Transport and Highways Shri Nitin Gadkari launched the upgraded RAJMARG PRAVESH web portal to streamline issuance of No Objection Certificates (NOCs) for facilities along National Highways. The…
Union Minister of State for Railways and Jal Shakti, Shri V. Somanna, launched the coffee table book 'Karnataka Bharat Gaurav Train: Journey of a Thousand Shrines' at Rail Bhawan, New Delhi, on 23 February 2026. The book…
Indian Railways is finalising Detailed Project Reports for seven high-speed rail corridors announced in Union Budget 2026-27. The seven corridors are Mumbai–Pune, Pune–Hyderabad, Hyderabad–Bengaluru, Hyderabad–Chennai…
The Government of India announced seven new high-speed rail corridors: Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri. The new corridors will…
[CERT-In]
Key Updates:
India signed the Pax Silica Declaration on the sidelines of the India AI Impact Summit 2026. Pax Silica is the United States Department of State’s flagship framework for building a trusted technology and industrial…
The Centre for Development of Telematics (C-DOT) and Rashtriya Raksha University (RRU), Gandhinagar, signed the MoU on February 13, 2026, for collaboration in the telecom and cybersecurity domains. The Ministry of…
Defence Minister Rajnath Singh inaugurated the Missile Integration facility at Bharat Electronics Ltd (BEL) in Bengaluru. He flagged-off the Akash 3rd and 4th Regiment Combat systems and unveiled the Mountain Fire…
The IAF's Software Development Institute (SDI) has signed a Memorandum of Understanding (MoU) with IIT-Madras for the joint design and development of an indigenous digital communication system for airborne applications.…
[Border Roads Organisation (BRO)]
Key Updates:
Sikkim Chief Minister Prem Singh Tamang opened the strategic Cho La and Dok La passes at the India-China border under the battlefield tourism initiative on December 15. The Centre's 'Bharat Ranbhoomi Darshan' or…
Goa Chief Minister Pramod Sawant laid the foundation stone for a new two-lane bridge connecting Davem and Sanvordem villages in Sattari. The project, valued at ₹29.9 crore, is being executed by the Goa State…
Mizoram Chief Minister Lalduhoma inaugurated the Rs 43.83-crore Lengtekai 'Faith Bridge' over Tlawng river. The 100-metre-long, 7.5-metre-wide steel bridge is funded by the Ministry of Road Transport and Highways…
The cantilever glass skywalk bridge is located at an elevation of around 862 feet (approximately 262 metres) above ground level. The bridge has been engineered to withstand wind speeds of up to 250 km/h.
[Indian Railways, Indian Army]
Key Updates:
The CSIR Integrated Skill Initiative has trained over 2 lakh workers across the country. During phase I and II, more than 1.90 lakh individuals were trained through 5200+ skill-based trainings, including special targeted…
Unemployment rate on usual status for persons aged 15 years and above declined from 6.0% in 2017-18 to 3.2% in 2023-24. In Maharashtra, unemployment rate on usual status dropped from 4.8% in 2017-18 to 3.3% in 2023-24.
The Government of India has approved a 12.41% hike in the wage bill for Public Sector General Insurance companies (PSGICs), effective from August 2022. The revision for PSGICs incorporates a uniform family pension rate…
The Government of India announced seven new high-speed rail corridors: Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri. The new corridors will…
[UIDAI, Google]
Key Updates:
Unique Identification Authority of India (UIDAI) launched a new Aadhaar app and offline verification framework in late January. The app allows selective data sharing, such as confirming age without revealing full date of…
The Delhi government has launched the Bhu-Aadhaar initiative to assign a unique 14-digit identification number to every land parcel in the city to resolve boundary disputes. The Unique Land Parcel Identification Number…
UIDAI launched the Aadhaar mascot 'Udai' as a resident-facing communication companion to simplify public understanding of Aadhaar services. The mascot will support clearer communication on services such as Aadhaar…
Ashwini Vaishnaw, Union Minister for Railways, Information & Broadcasting and Ministry of Electronics & Information Technology (MeitY), launched the new Aadhaar App on 28 January 2026 at the Dr. Ambedkar International…
Key Updates:
Union Cabinet approved Rs 1 lakh crore Urban Challenge Fund to support urban infrastructure projects over five years. Cities must raise at least 50% of project cost from market through municipal bonds, bank loans, and…
Assam Finance Minister Ajanta Neog tabled an interim budget of ₹62,294.78 crore for the financial year 2026–27 to seek a Vote on Account. The 16th Finance Commission increased the inter-se share for Assam to 3.258 per…
The Ministry of Railways (MoR) has been allocated a total capital expenditure (capex) of Rs 2,93,030 crore for the financial year 2026-27. The MoR received a total outlay of Rs 2,78,030 crore in the Union Budget 2026-27…
Finance Minister Nirmala Sitharaman has proposed to increase capital expenditure (capex) to ₹12.2 lakh crore for Financial Year (FY) 2026–27. The proposed capex marks an increase from the ₹11.2 lakh crore earmarked for…
[Employees' State Insurance Corporation (ESIC)]
Key Updates:
Dr. Mansukh Mandaviya, Union Minister for Labour & Employment and Youth Affairs & Sports, delivered the keynote address at the Employees’ State Insurance Corporation (ESIC) 75th Year of Service celebrations held at…
The National Council of Science Museums (NCSM), operating under the Ministry of Culture, was honored with two PRSI National Awards 2025 by the Public Relations Society of India (PRSI). NCSM received the awards in the…
UNICEF Foundation Day is observed on December 11 every year. The official theme for UNICEF Foundation Day 2025 is 'My Day, My Rights'.
Army Service Corps Day marks the 265th anniversary of the Army Service Corps (ASC). The ASC was established in 1760 and is one of the oldest and largest logistic arms of the Indian Army.
Key Updates:
SAKSHAM 2026 is a fortnight-long awareness campaign organised by the oil industry. The campaign commenced on 1 February 2026 in Chandigarh.
Union Budget FY27 exempts excise duty on the biogas/compressed biogas (CBG) component in blended CNG. Currently both pure CNG and biogas-blended CNG attract 14% excise duty.
The Ministry of Petroleum and Natural Gas (MoPNG) is implementing the Ethanol Blended Petrol (EBP) programme, which has moved from a pilot stage to a nationwide scale-up with average blending touching around 19% in…
Union Minister of Road, Transport and Highways (MoRTH) announced government is rolling out flex-engine vehicles powered by ethanol. 100% ethanol is described as a green fuel that is cheap and causes no pollution.
[Meghalaya]
Key Updates:
Gujarat Finance Minister Kanubhai Desai presented a Rs 4.08 lakh crore Budget for 2026-27 with an estimated surplus of Rs 974 crore and no new taxes. The Budget continued the 5 per cent tax rebate on Motor Vehicle Tax…
The Jharkhand government tabled a Rs 1,58,560 crore budget for FY 2026-27 in the assembly. Finance Minister Radhishna Kishore announced the launch of the Mahila Khushhali Yojna for women farmers with an allocation of Rs…
Jharkhand Finance Minister Radhakrishna Kishore tabled a ₹1,58,560 crore budget for FY 2026-27. The budget introduced the Mahila Khushhali Yojna for women engaged in agricultural activities with an allocation of ₹25…
Tamil Nadu Finance Minister Thangam Thenarasu presented a Rs 2,55,391 crore interim budget for 2026-27. Rs 4,000 crore allocated for the DMK’s flagship scheme of free bus travel for women.
Key Updates:
The 16th edition of Exercise Vajra Prahar commenced on 24 February at the Special Forces Training School in Bakloh, Himachal Pradesh, involving 45 Indian Special Forces and 12 United States (US) Army Green Berets. The…
Captain Hansja Sharma, aged 27, became the first woman in the Indian Army qualified to fly the Rudra armed helicopter. She topped her training at the Combat Army Aviation Training School (CAATS) in Nashik and became the…
Droupadi Murmu became the second head of state to sail in a submarine. She undertook the sea sortie from Karwar Harbour in Karnataka.
Union Civil Aviation Minister Ram Mohan Naidu inaugurated DHRUV-NG, the next-generation civil helicopter, at Hindustan Aeronautics Limited (HAL) in Bengaluru. DHRUV-NG is a 5.5-tonne, light twin-engine, multi-role…
[Israel]
Key Updates:
India and Israel began the first round of negotiations for a proposed Free Trade Agreement (FTA) in New Delhi from 23 to 26 February 2026. The talks follow the signing of the Terms of Reference (ToR) in November 2025 to…
Prime Minister (PM) Narendra Modi is scheduled to arrive in Israel on 25 February 2025 for a two-day official visit. PM Modi is expected to address the Knesset (Israeli parliament) and hold meetings with Israeli PM…
An MoU was signed between India and Israel to deepen defence ties and strengthen ongoing joint activities, including future seminars and cooperative initiatives. The International Defence Cooperation Directorate (SIBAT)…
Fisheries Minister Rajiv Ranjan Singh arrived in Eilat, Israel, on Monday to partake in a global summit dedicated to blue food security. The 'Second Global Summit on Blue Food Security: Sea the Future' is set against the…
[Pakistan, Afghanistan]
Key Updates:
Pakistan and the Libyan National Army (LNA) reached a military equipment deal valued between $4 billion and $4.6 billion. [Quote: 'Pakistan has reached a deal worth over $4 billion to sell military equipment to the…
The United Arab Emirates (UAE) scrapped plans to operate Islamabad International Airport days after President Sheikh Mohammed bin Zayed Al Nahyan’s surprise visit to India. The airport project was under discussion since…
Pakistan and Egypt agreed to deepen ties in economic, commercial, cultural and defence sectors after years of stagnant relationship. Egyptian Foreign Minister Badr Abdelatty held discussions with Pakistani counterpart…
[Google]
Key Updates:
The Board of Control for Cricket in India (BCCI) has inked a Rs 270 crore sponsorship deal with Google's AI platform Gemini. The three-year partnership will begin with the 2026 Indian Premier League.
Google on Monday said it will launch the first of its AI-powered smart glasses in 2026. The glasses are being developed in partnership with Samsung, Gentle Monster and Warby Parker.
Bharti Airtel has signed a pact with Google to offer RCS messaging on its network. Airtel will charge Rs 0.11 per RCS message under an 80:20 revenue-share with Google.
Google has started rolling out Gemini 3 Deep Think mode to Google AI Ultra subscribers using the Gemini app. The feature is designed for demanding maths, science and logic tasks, supported by advanced parallel reasoning.
[Ministry of Electronics & Information Technology (MeitY)]
Key Updates:
The Ministry of Electronics & Information Technology (MeitY) launched the Blockchain India Challenge on 23 February 2026 at MeitY headquarters in New Delhi. The initiative is implemented by the Centre for Development of…
The Department for Promotion of Industry and Internal Trade (DPIIT) notified revised startup recognition criteria on 5 February 2026. General startup turnover limit raised from ₹100 crore to ₹200 crore.
Department for Promotion of Industry and Internal Trade (DPIIT) notified revised norms expanding Startup India eligibility. General startups now recognised up to 10 years from incorporation with annual turnover not…
The Ministry of Electronics and Information Technology (MeitY) in collaboration with the Ministry of External Affairs (MEA) has made Passport Verification Record (PVR) available on DigiLocker to reduce reliance on…
[IIT Kharagpur, Telecommunication Engineering Centre (TEC)]
Key Updates:
WaveX, the startup accelerator under the Ministry of Information and Broadcasting (MIB), signed an MoU with FITT, IIT Delhi to scale media-tech incubation nationwide. FITT will provide strategic guidance for incubator…
Tata Electronics has entered into a strategic partnership with Japan’s ROHM for automotive semiconductor assembly and testing in India for both Indian and global markets. Tata Electronics will assemble and test ROHM’s…
The Telecommunication Engineering Centre (TEC) and Indian Institute of Technology, Kanpur (IIT Kanpur) will jointly develop 'India-specific standards and testing frameworks for emerging and future communication…
Department of Telecommunications (DoT) through National Centre for Communication Security (NCCS) extends Pro Tem Security Certification Scheme for two years from 01-01-2026. NCCS reduces Telecom Security Testing…
[Indian Army, Jammu and Kashmir (J&K)]
Key Updates:
The 13th edition of the India–Kyrgyzstan joint military exercise Khanjar will be conducted in Misamari, Assam from 4 to 17 February. Exercise Khanjar, initiated in 2011, is an annual training event with venues…
India finished the Asian Rifle/Pistol Championship, New Delhi 2026, at Dr Karni Singh Shooting Range with 94 medals: 51 gold, 23 silver, 20 bronze. On the final day India added six gold, three silver, four bronze medals.
The Indian Army will host the inaugural International Military Adventure Challenge Cup (IMACC) 2026 from 18 to 23 February 2026 in the foothills of the Eastern Himalayas. Military teams from India and seven friendly…
Haryana won the team championship title of the Ladakh phase of Khelo India Winter Games 2026 after securing four gold medals. Indian Army team retained the men’s ice hockey title by defeating Chandigarh in the final with…
Key Updates:
World Thinking Day is observed annually on February 22 to promote unity, friendship, and empowerment among girls and young women. The day is celebrated by members of the Girl Guides and Girl Scouts in more than 150…
The World Interfaith Harmony Week is observed globally every year from 1 February to 7 February. The week was designated by the United Nations (UN) to celebrate cooperation, understanding, and goodwill among people of…
World Understanding and Peace Day is observed annually on February 23 to commemorate the founding of Rotary International (RI). The first Rotary Club meeting was held on February 23, 1905, in Chicago by Paul Harris…
International Volunteer Day (IVD) is celebrated on 5 December every year. It started as an international observance mandated by the United Nations (UN) General Assembly in 1985.
Key Updates:
World Pangolin Day 2026 was marked by release of a Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) report. The CITES report recorded 2,222 seizures of pangolins and their parts in…
On November 29, we celebrate International Jaguar Day. The jaguar *Panthera onca* is the largest feline in the Americas and the third largest in the world, behind only the tiger and the lion.
International Mountain Day 2025 spotlights the crucial role of glaciers in sustaining water, food, and livelihoods, urging global action to protect fragile mountain ecosystems. The theme for International Mountain Day…
India launched Project Cheetah in 2022 to reintroduce cheetahs, the only large carnivore extinct in independent India since 1952, primarily through translocation from Africa. As of December 2025, the country now supports…
[Kempegowda International Airport (BIAL), Frankfurt Airport]
Key Updates:
India and Germany will unveil a defence and security roadmap that will strengthen the defence manufacturing network base in India. German technology for India’s defence preparedness will be part of the bilateral…
Air India and Lufthansa Group signed a Memorandum of Understanding on 17 February 2026 to establish a framework for a joint business agreement. The agreement covers Air India, Air India Express, Austrian Airlines…
Chhatrapati Shivaji Maharaj International Airport (CSMIA) received the 2025 Airport Service Quality (ASQ) Customer Experience Award for Asia-Pacific's Best Airport for departures in the over 40-million-passenger…
Kerala government signed MoUs with Indian Oil Corporation Ltd (IOCL), Container Corporation of India (CONCOR), and Central Warehousing Corporation (CWC) for a ₹2,000 crore logistics plan at Vizhinjam International…
[Mangaluru International Airport (MIA)]
Key Updates:
Chhatrapati Shivaji Maharaj International Airport (CSMIA) received the 2025 Airport Service Quality (ASQ) Customer Experience Award for Asia-Pacific's Best Airport for departures in the over 40-million-passenger…
Singapore Changi Airport has been voted the best international airport in the world for 2025 at India’s Best Awards, by Travel+Leisure. The award was announced as part of the 14th edition of India’s Best Awards, which…
The Andhra Pradesh Cabinet approved the Dagadarthi greenfield airport project in Nellore district on Jan 10, 2026, to strengthen the state’s multimodal logistics and industrial network. The project has already received…
Delhi International Airport Limited (DIAL) certified as water-positive, the first airport in India with over 40 million passengers. A water-positive facility replenishes more water than it consumes.
Key Updates:
NIFTEM-K, an Institute of National Importance under the Ministry of Food Processing Industries (MoFPI), will host the International Conference on Advanced Next Generation Vision for Emerging and Sustainable Healthy Foods…
World Pulses Day is celebrated annually on February 10 to highlight the importance of pulses in nutrition, food security, and sustainable agriculture. The United Nations (UN) first declared the observance of World Pulses…
BioAsia 2026, Asia's premier life sciences and health-tech forum, commenced in Hyderabad on 17 February 2026. The two-day event drew over 4,000 delegates and more than 500 companies, marking its largest edition to date.