Monthly Current Affairs Digest
Union Budget 2026-27 presented on February 1, 2026, with total expenditure of ₹52.4 trillion, capital expenditure hike of 18% to ₹13.2 trillion, focusing on Gati Shakti Master Plan and National Quantum Mission Phase II.
India hosted Quad Leaders' Summit in New Delhi focusing on Indo-Pacific Maritime Domain Awareness, Quad Infrastructure Fellowship, and 6G telecommunications pact.
RBI's MPC kept Repo Rate unchanged at 6.25%, shifted stance to 'Neutral', and launched CBDC-Retail 2.0 with offline transaction capabilities.
XXV Winter Olympics commenced on February 6, 2026, in Italy, featuring Digital Twin technology, 5G-Advanced (5.5G) broadcasts, and India's largest-ever contingent of 7 athletes.
On World Wetlands Day (Feb 2, 2026), India announced addition of 5 new Ramsar sites in Karnataka and Tamil Nadu, taking total to 85. 'Wetland Credit Trading' launched under Amrit Dharohar scheme.
50th Raising Day. Focus on 'Maritime Security in the Age of AI'
Wetlands and Human Wellbeing
Close the Care Gap: Advancing Precision Medicine
Pulses: Nourishing Soils and People
Women in the Lead: A New Era for Sustainability
Radio: A Century of Informing, Entertaining, and Educating
Birth anniversary of Sarojini Naidu (Nightingale of India)
Bridging Gaps, Building Alliances
Multilingual Education: A Pillar of Intergenerational Learning
Commemorates Central Excise and Salt Act, 1944
Bharat Ratna 2026
🏆 Dr. M.S. Swaminathan (Posthumous), Ratan Tata (Posthumous)
For Green Revolution contributions and industrial leadership/philanthropy respectively
Dadasaheb Phalke Award 2026
🏆 Shah Rukh Khan
For four decades of contribution to Indian cinema and global cultural impact
President of ICJ
🏆 Justice Dalveer Bhandari (India)
Elected as President of International Court of Justice for three-year term
Grammy Awards 2026
🏆 Rakesh Chaurasia (Flautist)
Won 'Best Global Music Album' for collaborative project 'Himalayan Echoes'
Khelo India Winter Games 2026
Held in Gulmarg, Jammu & Kashmir. J&K topped medal tally for third consecutive year.
Chess - R. Praggnanandhaa
Reached World No. 2 spot in FIDE rankings following victory at Tata Steel Chess Tournament.
Based on February 2026 current affairs
The fiscal deficit target for FY 2026-27 has been set at 4.2% of GDP.
The RBI MPC kept the Repo Rate unchanged at 6.25% for the fourth consecutive meeting.
India has 85 Ramsar sites after adding 5 new sites in Karnataka and Tamil Nadu.
The theme was 'Wetlands and Human Wellbeing: A Sustainable Future'.
This comprehensive current affairs digest covers all important events of February 2026 including Union Budget 2026-27 (₹52.4T outlay, 4.2% fiscal deficit), QUAD Summit 2026 (6G pact, Climate Data Portal), RBI MPC Review (Repo Rate 6.25%, CBDC-Retail 2.0), Milan-Cortina Winter Olympics 2026 (Digital Twin tech, 7 Indian athletes), World Wetlands Day (5 new Ramsar sites, total 85), and key awards (Bharat Ratna to M.S. Swaminathan & Ratan Tata). Perfect for UPSC, SSC, Banking, Railways, HSSC, UKSSSC, and all state-level competitive exams.
Source: Chronos Intelligence Hub • Research Grade Analysis • For Educational Purposes