1) 🇮🇳National

• Exercise KHANJAR-XIII: The 13th edition of the joint military exercise between India and Kyrgyzstancommenced at Misamari in Sonitpur, Assam. It focuses on counter-terrorism and urban warfare.
• MAHSR Project: Union Minister Ashwini Vaishnaw announced the breakthrough of the second mountain tunnel for the Mumbai-Ahmedabad High-Speed Rail (MAHSR) corridor.
• Green Urea Plant: NGEL and Assago signed an MoU to develop India's first indigenous Green Urea Plant in Andhra Pradesh.
• Lung Cancer Guidelines: India released its first nationally developed, evidence-based lung cancer care guidelines to standardise treatment.

2) 🌍International

• World Government Summit 2026: The summit opened in Dubai with the theme “Shaping Future Governments,” focusing on innovation and sustainability.
• G7 Summit 2026: France is set to host the 52nd G7 Summit later this year.
• Ramsar Sites: India’s Ramsar site count increased with the addition of Patna Bird Sanctuary (UP) and Chhari-Dhand (Gujarat), bringing the total to 95.

3) 💰Economy

• India–US Trade Deal: Tariffs on certain Indian goods exported to the US have been slashed from 50% to 18%following high-level bilateral talks.
• Walmart Milestone: Walmart became the world’s first retail company to reach a market value of USD 1 trillion.
• GDP Forecast: Goldman Sachs upgraded India’s CY26 GDP growth forecast to 6.9%.
• 16th Finance Commission: The commission recommended maintaining the states' share in the divisible tax pool at 41%.

4) 🗓️Date’s importance

• 5 February: Historically significant for the Apollo 14 moon landing in 1971.
• World Interfaith Harmony Week: Currently being observed (February 1–7).
• Bakelite Day: On this day in 1909, Leo Baekeland announced the creation of Bakelite, the world's first synthetic plastic.

5) 👱‍♂️👩‍🦳Person of the day

• Cristiano Ronaldo: The Portuguese football legend celebrates his birthday today (born 5 February 1985).
• Vinay Muralidhar Tonse: Approved by the RBI as the MD & CEO of YES Bank.

6) 🏅Sports

• Asian Rifle/Pistol Championship 2027: India (New Delhi) has officially secured the hosting rights for this premier continental event.
• Badminton Asia Team Championships: The 6th edition of the tournament began in Qingdao, China.
• Gukesh D: The young Indian Grandmaster has been confirmed as a participant in the prestigious Norway Chess 2026.

7) 🏆Awards

• Upendra Nath Brahma Award: The Queen Mother of Bhutan was honoured with the 22nd 'Soldier of Humanity' Award.
• Crafoord Prize 2026: Veerabhadran Ramanathan was awarded this prestigious prize for his contributions to climate science.
• HMG Stones: Achieved the ISO 9001:2015 and 5S Gold Grade certifications for operational excellence.

8) ⭐️Other important significance

• SFDR Technology: DRDO successfully demonstrated Solid Fuel Ducted Ramjet (SFDR) technology in Odisha, enhancing India's long-range air-to-air missile capabilities.
• Cultural Diplomacy: India sent the Holy Devnimori Buddha Relics to Sri Lanka for public exposition.

📚Word of the day

• Resilience: The capacity to withstand or recover quickly from difficulties; toughness.
  • Usage in CA: The 16th Finance Commission aims to build economic resilience against volatile global dynamics.