Current Affairs 03 February 2026

Indian Institute of Foreign Trade tops Times B-School Ranking 2026.

• Indian Institute of Foreign Trade (IIFT) ranked first in the Times Business-School Ranking 2026, reaffirming its leadership in global trade education.
• Union Minister Piyush Goyal lauded IIFT’s role in nurturing future trade leaders and strengthening India’s global commerce footprint.
• Founded in 1963, IIFT operates multiple campuses in India and plans its first overseas campus in Dubai.

Andhra CM Naidu distributes 5,555 e-cycles, sets Guiness World Record.

• Andhra Pradesh CM N Chandrababu Naidu distributed 5,555 e-cycles to women within 24 hours, setting a Guinness World Record.
• He said e-cycles save ₹1,000–1,500 per month, promote green mobility and boost women’s confidence.
• The Kuppam-assembled e-cycles run up to 60 km and can be charged via rooftop solar power.

CCRAS, Berhampur University Joined to Digitize Ayurvedic Manuscripts.

• CCRAS and Berhampur University, Odisha, partnered to digitize 2,000+ rare Ayurvedic palm-leaf manuscripts from SOCSC, boosting global accessibility.
• The NIIMH Hyderabad will lead digitization, metadata to be hosted on AMAR Portal, & select manuscripts will be transcribed, translated, & published.
• Ensures strict IP and custodianship protocols, merging technology with antiquity.

NYPS 2.0 portal unveiled for wider youth participation.

• Ministry of Parliamentary Affairs launched the upgraded National Youth Parliament Scheme (NYPS 2.0) portal to expand youth engagement nationwide.
• NYPS 2.0 allows participation by institutions, groups & individuals, including citizens from remote and rural areas.
• Since September 2024, over 95,000 participants have taken part through 4,400+ institutions and multiple youth parliament sittings.

Defence PSU Yantra India Ltd gets Miniratna-I status.

• Defence Minister Rajnath Singh approved Miniratna Category-I status for Yantra India Limited, recognising its rapid transformation into a profit-making DPSU.
• YIL recorded strong growth, with sales rising to ₹3,108.79 cr in FY 2024-25 & exports reaching ₹321.77 cr.
• Miniratna-I status allows YIL to invest up to ₹500 crore without government approval, boosting indigenisation & defence exports.