Digital Governance
Aadhaar Governance Portal Launch
The Aadhaar Governance Portal streamlines the authentication approval process for entities seeking to use Aadhaar services. This portal enhances regulatory oversight and governance of Aadhaar usage across sectors, ensuring proper authorization frameworks are maintained.
Constitutional Law
First Amendment – Historical Context
The First Amendment (1951) was enacted in response to State of Madras v. Champakam Dorairajan case. It introduced the Ninth Schedule to protect certain laws from judicial review and enabled implementation of reservation policies for socially disadvantaged groups.
Public Finance
16th Finance Commission
Arvind Panagariya chairs the 16th Finance Commission, responsible for recommending distribution of tax revenues between Union and States. The Finance Commission plays a crucial role in fiscal federalism and ensuring equitable resource allocation across India.
International Relations
US-Ukraine Diplomatic Tensions
Recent confrontations between U.S. and Ukraine leadership centered on public disagreements over peace negotiations with Russia. Ukraine has expressed concerns about diplomatic approaches that might compromise its territorial integrity, highlighting tensions in the strategic partnership.
Banking & Trade
Export Conclave 2025
YES Bank partnered with World Trade Center Mumbai for Export Conclave 2025, supporting MSMEs and exporters with insights on global trade opportunities, financing solutions, and export strategies. This demonstrates the banking sector’s role in facilitating international trade.
Social Security
EPFO Interest Rate 2024-25
EPFO set 8.25% interest rate for provident fund deposits in FY 2024-25. This rate applies to over 60 million subscribers and represents competitive returns on retirement savings, balancing fiscal prudence with subscriber benefits.
Technology
Quantum Computing – Ocelot Chip
Amazon Web Services launched Ocelot, a quantum computing chip marking AWS’s entry into quantum hardware development. This positions AWS alongside Google and IBM in the quantum computing race, with potential applications in cryptography, drug discovery, and complex optimization.
Defence
Indigenous Defense Manufacturing
Indian Army awarded L&T a βΉ80.43 crore contract for Advanced Chaff Deployment System (ACADA). This system protects military aircraft from radar-guided missiles, advancing India’s defense capabilities through indigenous manufacturing under Atmanirbhar Bharat.
Economy
India’s GDP Growth Projection
India’s Real GDP growth revised to 6.5% for FY 2024-25, reflecting moderate growth momentum. This projection balances domestic consumption patterns, investment trends, and global economic headwinds, indicating resilient economic performance despite challenges.
Environment
World Seagrass Day – March 1
World Seagrass Day (March 1) raises awareness about seagrass ecosystems’ critical role in marine biodiversity, carbon sequestration, and coastal protection. Seagrasses support fisheries, improve water quality, and act as significant blue carbon sinks.