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SAIL-e-BRATION: Steel to Soul

Current Affairs 03-Feb-2026

Recently, Steel Authority of India Limited (SAIL), a Maharatna company under the Ministry of Steel, in collaboration with MyGov, launched a special contest called "SAIL-e-BRATION: Building the Nation with Steel, SAIL is the Identity of Strong Trust." This contest provides citizens with the opportunity to share their stories related to SAIL through video reels, short films, or digital advertisements.

Moltbook Platform

Current Affairs 03-Feb-2026

An emerging online platform called Moltbook has become a topic of discussion globally. This is because artificial intelligence (AI) agents are sharing content on their own, forming communities, and even developing their own belief systems and governance structures.

Expansion of India’s Wetland Network: Two New Ramsar Sites Added

Current Affairs 03-Feb-2026

Ahead of World Wetlands Day, the Union Minister for Environment, Forest and Climate Change announced the addition of two new wetlands to India’s Ramsar network, strengthening the country’s commitment to wetland conservation and biodiversity protection.

Biopharma SHAKTI: Building India as a Global Biopharmaceutical Manufacturing Hub

Current Affairs 03-Feb-2026

In the Union Budget 2026–27, the Union Minister for Finance announced the launch of the Biopharma SHAKTI initiative to strengthen India’s position in the global biopharmaceutical value chain and expand domestic capabilities in advanced therapies.

Customs Duty Reforms in Union Budget 2026–27: Understanding Basic Customs Duty (BCD)

Current Affairs 03-Feb-2026

The Union Budget 2026–27 has proposed a complete exemption from Basic Customs Duty (BCD) on 17 cancer-related drugs and medicines, providing immediate financial relief to patients suffering from cancer and rare diseases and signalling a policy shift towards healthcare affordability.

Capital Market Tax Changes: Understanding Securities Transaction Tax (STT)

Current Affairs 03-Feb-2026

The Finance Minister has proposed a sharp increase—by up to 150%—in the Securities Transaction Tax (STT) on both futures and options (F&O) trading. This move is aimed at curbing excessive speculation, improving market stability, and boosting government revenues from capital market activity.

Bharat-VISTAAR: AI-Powered Digital Backbone for Smart Agriculture

Current Affairs 03-Feb-2026

The Union Finance Minister has proposed the launch of Bharat-VISTAAR, a new digital tool for the agriculture sector, aimed at transforming farm advisory services through artificial intelligence (AI) and integrated data systems.

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