1) 🇮🇳National

• CBSE Exam Postponement: The Central Board of Secondary Education (CBSE) has postponed Class 10 and 12 board exams in Middle East regions (including Iran, Saudi Arabia, and UAE) due to regional security tensions. A review is scheduled for today, 3 March, to decide on new dates.
• NEET UG 2026 Registration: The National Testing Agency (NTA) has reminded candidates that the registration window for NEET UG 2026 will close on 8 March. The exam is scheduled for 3 May 2026.
• GST Evasion Bust: Uttar Pradesh Police successfully dismantled a massive GST fraud network involving 1,200 bogus firms spread across 20 states, leading to the arrest of the alleged kingpin.
• School Closures: Several state government schools, including those in Uttar Pradesh, remain closed until 4 March in view of the Holi festivities and regional security advisories.

2) 🌍International

• Operation Roaring Lion: Israel and the US have intensified their coordinated military campaign against Iranian strategic infrastructure. The direct confrontation has led to the suspension of crude oil shipments via the Strait of Hormuz by major tankers.
• India-Canada Talent Strategy: During the official visit of Canadian PM Mark Carney to India (ended 2 March), both nations launched the 'Canada-India Talent and Innovation Strategy' to boost professional migration and tech collaboration.
• US Solar Tariffs: The US Department of Commerce has imposed a steep 126% tariff on Indian solar products after certain Indian firms withdrew from investigation proceedings.

3) 💰Economy

• GDP Base Year Reset: The Government of India has officially shifted the GDP base year from 2011-12 to 2022-23. Under the new series, India's FY26 growth is estimated at 7.6%.
• NMP 2.0 Launch: Finance Minister Nirmala Sitharaman has launched the second phase of the National Monetisation Pipeline (NMP 2.0) for the 2025-30 period, aiming to unlock value from brownfield infrastructure assets.
• Market Volatility: Global oil prices are fluctuating as trading houses avoid the Persian Gulf, while India explores alternative routes to shield its economy from trade disruptions.

4) 🗓️Date’s importance

• World Wildlife Day: Observed today, 3 March, to celebrate biodiversity.
  • Theme 2026: "Medicinal and Aromatic Plants: Conserving Health, Heritage and Livelihoods."
• World Hearing Day: Observed today to promote ear care.
  • Theme 2026: "Hearing care for all children."

5) 👱‍♂️👩‍🦳Person of the day

• Sir C.V. Raman: Remembered today for his contribution to physics (Raman Effect), as the scientific community continues discussions following National Science Day.
• Mark Carney: The Prime Minister of Canada, who concluded his maiden state visit to India, signaling a "reset" in bilateral diplomatic and economic ties.

6) 🏅Sports

• FIFA World Cup 2026 Uncertainty: Geopolitical tensions have sparked global debates regarding Iran's participation in the upcoming FIFA World Cup due to security concerns in the region.
• March Madness 2026: The road to the NCAA basketball championship begins this month, with Selection Sunday set for 15 March.

7) 🏆Awards

• Actor Awards 2026 (SAG): Owen Cooper became the youngest actor ever to win at the 32nd annual ceremony in Los Angeles. Noah Wyle won Best Actor in a Drama Series for The Pitt.
• Special Strategic Partnership: PM Narendra Modi and PM Benjamin Netanyahu signed 17 pacts, elevating India-Israel ties to a "Special Strategic Partnership for Peace and Innovation."

8) ⭐️Other important significance

• Total Lunar Eclipse (Holi 2026): A rare total lunar eclipse is occurring today, 3 March, coinciding with the festival of Holi—a phenomenon seen after nearly 100 years.
• Cheetah Translocation: Botswana has sent eight cheetahs to India as part of the government-to-government agreement to establish a diverse cheetah population, bringing India's total to 46.

📚Word of the day

• Resilience (Noun)
• Meaning: The capacity to recover quickly from difficulties; toughness.
• Usage: "Despite global trade disruptions, the Indian economy has shown remarkable resilience under the new GDP series."