₹137 Crore XV-FC Grants released to strengthen rural local bodies

Current Context: On 20 Feb 2026, the Union Government (Ministry of Finance) released ₹137 crore under XV‑FC (Fifteenth Finance Commission) Untied Grants. Aim: Empower Rural Local Bodies (RLBs) and Panchayati Raj Institut…

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GIFT City & AJNIFM Ink MoU to Build FinTech Talent for IFSC

Current Context: On 18 Feb 2026, GIFT City (Gujarat International Finance Tec‑City) and AJNIFM (Arun Jaitley National Institute of Financial Management) signed an MoU. Aim: Build a steady pipeline of FinTech & intern…

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Gujarat has signed an MoU to set up a 250 MW green AI-ready data centre campus

Current Context: On 20 February 2026, Gujarat govt signed an MoU with L&T Vyoma in New Delhi during the India AI Impact Summit 2026, witnessed by Minister Arjun Modhwadia. Investment: ₹25,000 crore – one of Gujarat’s…

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UP Government and IOCL Sign MoU for International Cricket Stadium in Gorakhpur

Current Context : On 20 Feb 2026, the Uttar Pradesh Government and IOCL (Indian Oil Corporation Limited) signed an MoU in Lucknow. Aim: Construct a 30,000‑capacity International Cricket Stadium in Gorakhpur. Project Cost: …

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World Day of Social Justice 2026: 20 February

Current Context: The World Day of Social Justice 2026 was observed on Friday, 20 February 2026, continuing the UN’s observance established in 2007 and first marked in 2009. The official theme was “Renewed Commitment to S…

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TVS Supply Chain Solutions Partners ALA Group for Aerospace & Defence Supply Chains

Current Context: MoU signed on 16 Feb 2026 in Chennai between TVS Supply Chain Solutions (India) and ALA Group (Italy). Aim: To tap into I ndia’s $28B aerospace & defence supply chain market, focusing on defence offse…

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RBI Mandates Unique Transaction Identifier for OTC Derivatives from January 01, 2027

Current Context: On 18 February 2026, the RBI issued final guidelines mandating a Unique Transaction Identifier (UTI) for all OTC derivative trades. The rollout, initially planned for April 2026, has been deferred to 1 J…

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The Online Death Claim Settlement Portal has been launched by IOB

Current Context: The Online Death Claim Settlement Portal was launched by Indian Overseas Bank (IOB) on 17 February 2026. It provides a digital platform for heirs and nominees to submit death claims without visiting bran…

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