16th Finance Commission on Centre-State Fiscal Relations: The 16th Finance Commission has retained the States’ share of tax devolution at 41%, imparting it a “semi-permanence,” while introducing significant changes to the horizontal distribution formula and proposing a ‘grand bargain’ to merge cesses and surcharges into the divisible pool. The 16th Finance Commission retained 41% tax […]
PSB Reforms under EASE 9.0
PSB Reforms under EASE 9.0: Under the EASE 9.0 reforms agenda, public sector banks (PSBs) will pursue important reforms to prepare PSBs to leverage technology and improve productivity and scale through new business models. Public sector banks will implement a global capability centre (GCC) strategy in FY 2026-27 and prepare a capacity-building roadmap. State Bank […]
Nucleic Acid Amplification Testing
Nucleic Acid Amplification Testing: The Supreme Court of India has sought comprehensive details regarding the cost, feasibility, and infrastructure required to implement Nucleic Acid Amplification Testing (NAT) in government hospitals, responding to a Public Interest Litigation (PIL) that advocates for the prevention of transfusion-transmitted infections. The PIL, urges the Court to declare the “Right to […]
NITI Aayog-JICA Cooperation on SDGs
NITI Aayog-JICA Cooperation on SDGs: NITI Aayog and the Japan International Cooperation Agency (JICA) signed the Record of Discussions (RoD) for the “Project for Promotion of the Program for Japan-India Cooperative Actions Towards Sustainable Development Goals (SDGs) – Phase II”.The project aims to strengthen policy frameworks and implementation systems across six key themes, i.e., Global […]
India–Canada Negotiation for CEPA
India–Canada Negotiation for CEPA: India and Canada have signed a billion long-term uranium supply agreement and launched formal negotiations for a Comprehensive Economic Partnership Agreement (CEPA).The Comprehensive Economic Partnership Agreement (CEPA) is a proposed broad-based trade and economic agreement between India and Canada. It seeks to reduce trade barriers, promote investment, and enhance cooperation across […]
70 Years of Central Warehousing Corporation (CWC)
70 Years of Central Warehousing Corporation (CWC): The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day on March 2, 2026, marking seven decades of contribution to India’s food security and logistics infrastructure.The Central Warehousing Corporation (CWC) is a Central Public Sector Enterprise (CPSE) under the Ministry of Consumer Affairs, Food & Public Distribution.It serves […]
Oleum Gas
Oleum Gas: A major oleum gas leak at Bhageria Industries Ltd in Boisar, Maharashtra, forced the evacuation of over 2,000 residents, including 1,600 students.Oleum, commonly referred to as fuming sulfuric acid, is a highly corrosive chemical consisting of dissolved sulfur trioxide (SO₃) in concentrated sulfuric acid (H₂SO₄). It releases dense white fumes when exposed to […]
Karbi Anglong Ginger : GI Tag
Karbi Anglong Ginger : GI Tag Assam has marked a major agricultural milestone by flagging off its first-ever trial export consignment of 1.2 metric tonnes of GI-tagged Karbi Anglong Ginger to London.Karbi Anglong Ginger is a premium variety of ginger known for its distinct aroma, strong pungency, and medicinal properties. It has received a Geographical […]
Daily Current Affairs for UPSC IAS: 1st March 2026
Today’s Current Affairs: 1st March 2026 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Football for Schools (F4S) Programme : In News
Football for Schools (F4S) Programme: In News Union Minister of State for Education & Development of North Eastern Region distributed football at PM SHRI Kendriya Vidyalaya, Dakshin Dinajpur, West Bengal, as part of the Football for Schools (F4S) initiative. It is run by Fédération Internationale de Football Association (FIFA) in collaboration with UNESCO. It aims […]
