1) 🇮🇳National CEC Assumption of Office: Gyanesh Kumar has formally taken charge as the 26th Chief Election Commissioner (CEC) of India. He succeeds Rajiv Kumar during a pivotal year for state electoral reforms. Keralalam Renaming: The Union Cabinet has officially cleared the proposal to rename the state of Kerala to 'Keralam'. The change follows a unanimous resolution passed by the state assembly to align with its native Malayalam nomenclature. Vande Mataram Protocol: The Ministry of Home Affairs (MHA) has issued the first-ever formal protocol for the National Song. It mandates a duration of 3 minutes and 10 seconds for the full six stanzas and requires the audience to stand at attention. Urban Challenge Fund: The Government has operationalised the ₹1 lakh crore Urban Challenge Fund, designed to transform cities into "Growth Hubs". The Centre will provide 25% of project costs for proposals focusing on creative redevelopment. 2) 🌍International Board of Peace Activation: The first formal meeting of the 'Board of Peace' was held in Washington to discuss the reconstruction of Gaza. India attended as an "observer", maintaining a strategic balance in its Middle East diplomacy. Afghanistan-Pakistan Border War: Tensions escalated as Afghanistan launched attacks against Pakistani military positions in response to air strikes. Both nations have reported significant military engagements along their shared border. India-France Year of Innovation: President Emmanuel Macron and PM Modi have designated 2026 as the 'India-France Year of Innovation', focusing on sovereign AI stacks and deep-tech cooperation. Pax Silica Entry: India has officially signed the Pax Silica declaration, joining a US-led strategic initiative aimed at securing technology supply chains and countering global dominance in critical minerals. 3) 💰Economy GDP Base Year Reset: India has officially transitioned to 2022-23 as the new base year for GDP calculation. Under this new series, the real GDP growth for FY26 is projected at a robust 7.6%. Q3 GDP Growth: India's real GDP grew by 7.8% in the October-December quarter of FY26, beating most market estimates and highlighting resilient domestic consumption. Manufacturing Resilience: Following the base year revision, the manufacturing sector has emerged as a primary growth driver, clocking double-digit growth in select months of the current fiscal. Orange Economy Boost: The Union Budget 2026 has introduced the 'Content Creator Labs' initiative to boost the "Orange Economy" (creative industries), with companies like Adobe providing free AI tool access to students. 4) 🗓️Date’s importance Zero Discrimination Day: Observed annually on 1 March to promote equality before the law and in practice. The 2026 theme focuses on "Dignity and Inclusion for All." World Civil Defence Day: Celebrated today to honour the personnel responsible for disaster management and to raise awareness about self-protection during emergencies. Holashtak Commencement: In India, the eight-day inauspicious period of Holashtak begins, leading up to the festival of Holi. 5) 👱♂️👩🦳Person of the day Sir C.V. Raman: On the heels of National Science Day, we celebrate the legacy of the physicist who discovered the Raman Effect. Gyanesh Kumar: Highlighted as the new head of the Election Commission of India, he is tasked with implementing the 'One Nation, One Election' feasibility roadmap. 6) 🏅Sports Formula 1 India Return: Reports suggest the Indian Grand Prix may return to the Buddh International Circuit as the government works to reclassify F1 as a "sport" rather than "entertainment" to reduce tax barriers. Ranji Trophy Final: The historic domestic final is set to take place between Jammu & Kashmir and Karnataka, marking a dream run for the J&K squad. Indian Wells Open: 15-year-old Indian-American sensation Izyan 'Zizou' Ahmad, famous for his childhood "pinky promise" with Roger Federer, has earned a qualifying wildcard for the 2026 tournament. 7) 🏆Awards Apollo CV Awards 2026: The 17th edition held in Mumbai named Tata Signa 5532.S as the 'CV of the Year'. Girish Wagh (MD, Tata Motors) was honoured as 'CV Person of the Year'. SAG Life Achievement Award: The Screen Actors Guild (The Actor Awards) is honouring Harrison Fordtoday with the Life Achievement Award for his contribution to global cinema. Vainu Bappu Research Prize: Awarded to Dr. Chandrakant for his pioneering work in astronomical instrumentation and deep-space imaging. 8) ⭐️Other important significance MANAV AI Vision: PM Modi unveiled the 'MANAV' vision (Moral, Accountable, National, Accountable, and Values-based), an ethical framework for India's indigenous AI development. Planet Parade: A rare celestial alignment of six planets (Mercury, Venus, Neptune, Saturn, Uranus, and Jupiter) remains visible in the Indian night sky this weekend. 📚Word of the day Equanimity (Noun) Meaning: Mental calmness, composure, and evenness of temper, especially in a difficult situation. Usage: "A candidate must maintain equanimity while navigating the high-pressure environment of competitive exams."