Image

21 February 2026 Current Affairs

February 21, 2026

Daily CA One-Liners: 21 February

  • Prime Minister Narendra Modi announced the creation of a National Centre of Excellence for Skilling in Aeronautics and Defence at Kanpur, Uttar Pradesh, during a joint statement with the French President at the India–France Year of Innovation event.

  • India formally became a member of Pax Silica, a United States-led strategic partnership designed to develop secure and resilient supply chains in Artificial Intelligence, semiconductors, and critical minerals.

  • At the India AI Impact Summit 2026, Union Minister Ashwini Vaishnaw unveiled the New Delhi Frontier AI Impact Commitments.

  • The Assam Cabinet approved a 3% reservation for Tea Tribes and Adivasi communities in Class I and Class II state government posts under the OBC quota.

  • India attended the first Gaza Board of Peace meeting as an observer, an initiative convened by United States President Donald Trump.

  • Andhra Pradesh secured India’s largest integrated lithium-ion battery Gigafactory project by Waaree Energies, involving an investment of ₹8,175 crore.

  • The International Paralympic Committee reinstated Russian athletes for the Milan–Cortina 2026 Winter Paralympics, permitting participation under national flags and anthems.

  • Seven public sector banks implemented 32 generative AI applications under the EASE 8.0 banking reforms programme.

  • Axis Bank partnered with IndiGo to introduce two co-branded credit cards targeting travel and lifestyle benefits.

  • ASK Asset & Wealth Management Group obtained SEBI approval to operate as an investment manager in India’s mutual fund segment.

  • The Reserve Bank of India mandated the adoption of a Unique Transaction Identifier (UTI) for all OTC derivative transactions effective January 1, 2027.

  • Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27, highlighting increased allocations for gender-focused initiatives.

  • India’s climate action expenditure has risen to nearly 5.6% of GDP, according to the Union Finance Minister.

  • India and Nepal signed a Mutual Legal Assistance Agreement on Criminal Matters in Kathmandu.

  • Prime Minister Narendra Modi and President Emmanuel Macron virtually inaugurated the Tata Advanced Systems Limited Final Assembly Line for the Airbus H-125 helicopter at Vemagal, Karnataka.

  • Sarvam AI launched two domestically developed large language models — Sarvam-30B and Sarvam-105B.

  • The Ministry of Minority Affairs conducted a National Chintan Shivir at Nalanda University, Bihar, focusing on minority welfare policies.

  • IIT Madras Global Research Foundation established its first overseas Applied AI Innovation Centre at Dubai CommerCity, UAE.

  • TVS Supply Chain Solutions entered into an MoU with Italy’s ALA Group to collaborate in India’s aerospace and defence supply chain sector.

  • The Indian Institute of Corporate Affairs constituted a high-level Advisory Group on Ease of Doing Business to modernise corporate compliance mechanisms.

  • The

Month: 

Category: