Tuesday, February 24, 2026

Daily Current Affairs Feb 24, 2026

Daily Current Affairs Feb 24, 2026 | England in T20 WC Semis & India-France Tax Pact 

Here is the comprehensive Current Affairs and GK brief for February 24, 2026, specifically prepared for and optimized for UPSC, SSC, Banking, and Railway exam preparation.


National & Polity

  • Centre Unveils 'PRAHAAR' Strategy: The Union Government unveiled the PRAHAAR (National Counter-Terror Framework) strategy to revamp India’s counter-terrorism response. It emphasizes inter-agency coordination and a proactive approach to hybrid threats.

  • 7.4 Million Voters Deleted in Tamil Nadu: Following the Special Intensive Revision (SIR) of electoral rolls, the Election Commission confirmed that 7.4 million (74 lakh) duplicate or ineligible voters were removed from the Tamil Nadu voter list.

  • "Keralam" Name Change Approved: The Union Cabinet officially approved the proposal to rename the state of Kerala as "Keralam" to align with its name in the Malayalam language.

  • PM Surya Ghar Milestone: Prime Minister Narendra Modi lauded the milestone of 30 lakh households adopting rooftop solar under the PM Surya Ghar: Muft Bijli Yojana, signaling a rapid shift toward decentralized green energy.

  • President Unveils Rajaji's Bust: President Droupadi Murmu unveiled a bust of C. Rajagopalachari (Rajaji), the first Indian Governor-General, at the Rashtrapati Bhavan, hailing him as a visionary who helped shed the "colonial mindset."

  • SC on Case Listings: Chief Justice of India (CJI) Surya Kant rebuked a lawyer for comparing the listing speed of cases involving major corporate groups (Ambani-Adani) to the delay in the NJAC petition, stating that judicial administrative processes follow set protocols.

International & Defence

  • India-France Tax Treaty Revision: India and France signed an Amending Protocol to their Double Taxation Avoidance Convention (DTAC). This allows India full taxing rights over share sales by French entities in Indian companies, closing a significant tax loophole.

  • Iran Exit Advisory: The Indian Embassy in Tehran issued an urgent advisory for Indian nationals to leave Iran as tensions between the US and Iran reached a critical escalation point regarding regional security and nuclear programs.

  • Russia–Ukraine War Enters 5th Year: Today marks the 4th anniversary of the full-scale invasion of Ukraine. UN Secretary-General António Guterres described the ongoing conflict as a "stain on our collective consciousness" as civilian casualties hit record highs in 2025.

  • Iran–China Missile Deal: Reports emerged that Tehran is finalizing a deal with Beijing for the purchase of CM-302 supersonic anti-ship cruise missiles, a move likely to impact maritime security in the Persian Gulf.

  • Commissioning of 'Anjadip': The Indian Navy commissioned INS Anjadip, the third of the indigenous Anti-Submarine Warfare Shallow Water Craft (ASW SWC), built by GRSE.

Economy & Banking

  • IT Sector Sell-off: The Indian stock market witnessed a sharp decline as the NIFTY 50 fell by 288 points (1.12%). The drop was led by a heavy sell-off in IT stocks (Tech Mahindra, HCL Tech, TCS) fueled by reports of AI disrupting traditional IT service models.

  • GDP Growth Forecast: ICRA projected India's GDP growth to moderate to 7.2% in Q3FY26, citing the high base effect and a slight slowdown in agricultural growth.

  • Rupee Update: The Indian Rupee closed at 90.87 against the US Dollar, reflecting persistent pressure from high global crude oil prices (Brent crude near a 7-month high of $71/barrel).

  • Asset Monetisation: Finance Minister Nirmala Sitharaman launched NMP 2.0, aiming for ₹16.72 lakh crore of asset monetisation by 2030 to fund infrastructure development.

Science, Tech & Sports

  • T20 World Cup 2026 (Super 8s): England defeated Pakistan by 2 wickets in a nail-biting encounter at Pallekele.

    • Hero: England skipper Harry Brook smashed a match-winning 100 off 51 balls, becoming the first team to guarantee a spot in the semi-finals.

  • Winter Olympics 2026 (Milano Cortina): In the Men's Ice Hockey final, the USA defeated Canada in overtime to clinch the Gold medal, ending a 46-year wait for a championship in the event.

  • Redbird Airways Crash: A tragic air ambulance crash in Jharkhand’s Chatra district killed all seven people on board. The aircraft was traveling from Ranchi to Delhi.

  • New Midge Species: Scientists from ICAR-DFR Pune discovered a new species of blossom midge, Contarinia icardiflores, which is a major pest for jasmine farmers.


Important Days (February 24)

February 24 is recognized in India as Central Excise Day to honor the Central Board of Indirect Taxes and Customs (CBIC).

Static GK & Exam Snippets

  • PM Surya Ghar Scheme: Launched in 2024 to provide 300 units of free electricity to 1 crore households.

  • Tetrodotoxin: A potent neurotoxin found in pufferfish; recently in the news due to seafood poisoning cases in Kerala.

  • Lake Baikal: Located in Siberia, it is the world's deepest and oldest freshwater lake (UNESCO World Heritage Site).

  • C. Rajagopalachari: The last Governor-General of India and the founder of the Swatantra Party.

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