Reserve Bank of India (RBI) Records India's Forex Reserves Drop to $723.61 Billion
[Reserve Bank of India (RBI)]
Key Updates:
- India's Foreign Exchange (Forex) reserves decreased by $2.119 billion to stand at $723.608 billion for the week ending 20 February 2026.
- The reserves had reached an all-time high of $725.727 billion in the preceding reporting week following an increase of $8.663 billion.
- The Indian Steel Association (ISA) reported that India could achieve a 28% reduction in carbon emissions within the steel industry by utilizing scrap.
- Warner Bros signed a $110 billion deal with Paramount after Netflix withdrew its competing bid.
- Dubai Aerospace Enterprise (DAE) acquired assets from Macquarie AirFinance for a total value of $7 billion.
- Sri Lanka's construction Purchasing Managers' Index (PMI) rose to a level of 75 during the month of January.
- Pakistan's central bank recorded a $16 million increase in its foreign exchange reserves.
- Russia's recoverable oil reserves are currently estimated at 31 billion tons.
- China has abolished the risk reserve requirement ratio for forward foreign exchange sales.
- Metal Park has entered into a partnership with Frindt to digitise laser cutting operations.
- Kametstal paid approximately UAH 2 billion in taxes during the year 2025.
- Murat Ateş was appointed as the Deputy General Manager of Operations at Acarlar Vagon.
- The level of gas reserves at the Inchukalna underground storage facility has fallen below 20%.
- Shanxi Gaoyi Steel successfully completed the hot commissioning test for its 1200mm full continuous wide strip rolling line.
- The Slovak prime minister stated that Ukraine has no interest in resuming oil transit through the Druzhba pipeline.
Similar Coverage
- India's foreign exchange reserves rose by $8.66 billion to a record $725.73 billion in the week ended 13 February 2026.
- Foreign currency assets increased by $3.55 billion to $573.60 billion during the week.
- Gold reserves surged by $4.99 billion to $128.47 billion on higher international gold prices.
- Special Drawing Rights rose by $0.10 billion to $18.92 billion.
- India's reserve position with the International Monetary Fund (IMF) increased by $0.02 billion to $4.73 billion.
- The latest reserve level surpassed the previous peak of $723.77 billion recorded in January 2026.
- The Reserve Bank of India (RBI) reported that India’s foreign exchange reserves reached a record high of $709.4 billion for the week ended 23 January 2026.
- The total reserves increased by $8.05 billion during the reporting week, comprising a $5.6 billion rise in gold reserves and a $2.37 billion increase in foreign currency assets.
- Gold prices surged by 8.5% to reach $4,987 per ounce during the week, which significantly contributed to the growth in reserves.
- The previous record for forex reserves was $704.89 billion, which was established in September 2024.
- The reserves were also supported by the settlement of a matured Non-Deliverable Forward (NDF) position worth approximately $3 billion in the Over-the-Counter (OTC) market on 16 January 2026.
- The Indian rupee closed at a record low of 91.99 against the US dollar on 30 January 2026 due to trade uncertainties and persistent capital outflows.
- India’s foreign exchange reserves jumped by $392 million to $687.19 billion in the week ended January 9, 2026.
- Foreign currency assets (FCAs) fell by $1.124 billion to $550.87 billion.
- Gold holdings rose by $1.568 billion to $112.83 billion.
- Special Drawing Rights (SDRs) edged down by $39 million to $18.739 billion.
- India’s reserve position with the International Monetary Fund fell by $13 million to $4.758 billion.
- India's Foreign Exchange Reserves increased to $696,610 Million for the week ending December 26 from $693,320 Million in the previous week.
- The reserves reached an all-time high of $704,890.00 Million in September 2024 and a record low of $29,048.00 Million in September 1998.
- The Reserve Bank of India (RBI) Interest Rate was recorded at 5.25% in December 2025, down from 5.50% in the previous period.
- The Cash Reserve Ratio (CRR) stood at 3.00% in November 2025, compared to 3.25% in the preceding month.
- The Reverse Repo Rate was maintained at 3.35% as of November 2025.
- Bank Loan Growth YoY increased to 12.00% in December 2025 from 11.50% in the previous period.
- The RBI Central Bank Balance Sheet was valued at 40,873.89 INR Billion in November 2025.
- Foreign Exchange Reserves in India are projected to reach $710,000.00 Million by the end of the current quarter and trend around the same level in 2027.
- India's Foreign Exchange Reserves averaged $311,804.00 Million from 1998 until 2025.
Ministry of Statistics and Programme Implementation (MoSPI) revises GDP base year to 2022-23 and lifts FY26 growth estimate to 7.6%
[Ministry of Statistics and Programme Implementation (MoSPI)]
Key Updates:
- India’s Q3 FY26 GDP growth slowed to 7.8% from the preceding quarter’s 8.4%.
- The new GDP series uses 2022-23 as its base year, replacing the earlier 2011-12 series.
- MoSPI’s second advance estimate pegs FY26 GDP growth at 7.6%, up from the first advance estimate of 7.4%.
- Manufacturing posted double-digit growth in FY2023-24 and FY2025-26.
- The ‘Trade, Repair, Hotels, Transport, Communication & Services related to Broadcasting and Storage’ segment grew 10.1% in FY2025-26.
- Private Final Consumption Expenditure (PFCE) and Gross Fixed Capital Formation (GFCF) each rose over 7% in FY2025-26.
- The series adopts double deflation for agriculture and manufacturing to improve real value-added measurement.
- Proportional Denton Benchmarking replaces the pro-rata method for quarterly national accounts to align quarterly and annual estimates.
Similar Coverage
- State Bank of India (SBI) forecasts 8.1% GDP growth for Q3FY26 despite global headwinds.
- High-frequency indicators show strong growth momentum in Q3FY26.
- Rural consumption remained firm on positive farm and non-farm signals.
- Urban consumption rose consistently, helped by fiscal stimulus and higher post-festive spending.
- Ministry of Statistics and Programme Implementation will release second advance GDP estimates for FY26 on 27 February.
- Base year for GDP calculation is being updated from 2011-12 to 2022-23.
- First advance estimates pegged FY26 GDP growth at 7.4%.
- Economic Survey projects FY26 growth around 7% and FY27 growth in the 6.8-7.2% range.
- ICRA forecasts India’s YoY GDP growth at 7.2% in Q3 FY2025-26, down from 8.2% in Q2 FY2025-26.
- Services GVA growth eased to 7.8% in Q3 FY2025-26 from 9.2% in Q2 FY2025-26.
- Agriculture GVA growth slowed to 3.0% in Q3 FY2025-26 from 3.5% in Q2 FY2025-26.
- Industrial sector GVA hit a six-quarter high of 8.3% in Q3 FY2025-26 versus 7.7% in Q2 FY2025-26.
- Government of India’s gross capital expenditure contracted 23.4% YoY in Q3 FY2025-26 after 40.0% YoY growth in H1 FY2025-26.
- GoI’s gross capex fell to Rs. 2.1 trillion in Q3 FY2025-26 from Rs. 3.1 trillion in Q2 FY2025-26.
- Combined Central and state non-interest revenue expenditure rose marginally by 0.3% YoY in Q3 FY2025-26 against a 0.6% decline in Q2 FY2025-26.
- India’s services exports growth slowed to a seven-quarter low of 7.5% YoY in Q3 FY2025-26 at USD 111.2 billion.
- India Ratings and Research (Ind-Ra) expects GDP in FY26 to grow 7 per cent year-on-year.
- Ind-Ra revised forecast 70 basis points higher than earlier 6.3 per cent projected in July 2025.
- Reserve Bank of India (RBI) projected India's GDP growth in current fiscal at 6.8 per cent.
- India's real GDP grew 7.8 per cent in April-June period of FY26.
- India's GDP expanded 6.5 per cent in last fiscal year.
- Ind-Ra expects private final consumption expenditure to grow 7.4 per cent YoY in FY26.
- Private final consumption expenditure grew 7.2 per cent in FY25.
- Indian exports to US fell 11.9 per cent YoY in September 2025.
- Indian exports to US fell 8.9 per cent YoY in October 2025.
- Indian exports to US averaged USD 7.2 billion per month in FY25.
- Indian exports to US averaged USD 7.4 billion from April to October 2025.
- Indian exports to US dropped to USD 5.9 billion during September-October 2025.
- The World Bank (WB) raised India’s growth forecast for FY26 to 7.2%, an increase from the 6.3% projected in June 2025.
- India’s growth is estimated to moderate to 6.5% in FY27, assuming 50% tariffs by the United States remain in place throughout the forecast horizon.
- The WB projects India’s growth to edge up to 6.6% in FY28, supported by resilient services activity, a recovery in exports, and a pickup in investment.
- The National Statistical Office (NSO) estimated India’s gross domestic product (GDP) growth for FY26 at 7.4% on January 7.
- Growth for South Asia is expected to rise to 7.1% in 2025 and slow to 6.2% in 2026, reflecting the impact of higher US tariffs on India’s exports.
- Global economic growth is expected to moderate to 2.6% in 2026 from 2.7% in 2025.
- The United States economy is estimated to rise to 2.2% in 2026, while China’s economic growth is projected to slow to 4.4% from 4.9%.
Central Bank of the United Arab Emirates (CBUAE) launches world's first Artificial Intelligence (AI) powered Sovereign Financial Cloud
[Central Bank of the United Arab Emirates (CBUAE)]
Key Updates:
- The CBUAE has launched the Sovereign Financial Cloud Services Infrastructure (SFCSI), the world’s first sovereign financial cloud for the nation’s financial sector.
- The SFCSI was developed in partnership with Core42, which is a subsidiary of the AI and technology group G42.
- The SFCSI is built on a fully isolated and centralised system to ensure data sovereignty within the legal and security perimeter of the United Arab Emirates (UAE).
- The platform integrates advanced AI and real-time analytics to automate operational processes and enhance risk management for licensed financial institutions.
- The SFCSI provides a unified multi-cloud management framework for institutions to manage private and hybrid cloud environments seamlessly.
- The CBUAE initiative aims to reduce reliance on foreign systems and strengthen the resilience of the financial sector against cyber-attacks and fraud.
Similar Coverage
- The United Arab Emirates (UAE) debuted in the top three of the Global Residence Program Index 2026, rising from fifth to joint second place.
- Greece secured the first position in the index, while the second rank is shared by the UAE, Italy, and Switzerland.
- The index was released by Henley and Partners and assessed 40 residence programmes based on reputation, quality of life, tax, and visa-free or visa-on-arrival access.
- Uruguay debuted at fifth place, Saudi Arabia at ninth, and Maldives at eleventh in the 2026 rankings.
- The UAE, Australia, Canada, New Zealand, and Switzerland achieved perfect reputation scores for top quality of life.
- Tax efficiency leaders in the index include the UAE, Monaco, and Saudi Arabia.
- Countries showing upward momentum or steady gains include Costa Rica, New Zealand, Panama, Singapore, Malaysia, Mauritius, and Thailand.
- Dr Christian H Kaelin serves as the chairman of Henley and Partners.
- The United Arab Emirates has issued its first official license for an online sports wagering and internet gaming platform.
- The approval was granted by the General Commercial Gaming Regulatory Authority (GCGRA).
- Play971 is the first licensed operator offering both internet gaming and sports wagering services in the UAE.
- Play971 is operated by Coin Technology Projects LLC, a limited liability company incorporated in Abu Dhabi.
- Users must be at least 21 years old and physically present within the UAE to register, fund an account, or participate in gaming activities.
- Wynn Resorts was awarded the country’s first commercial gaming license by the GCGRA for its Wynn Al Marjan Island project in Ras Al Khaimah.
- Abu Dhabi has once again been named the world’s safest city in the latest Numbeo Global Safety Index, marking the tenth consecutive year the United Arab Emirates (UAE) capital has topped the global rankings.
- The city’s unbroken reign as the world's safest city began in 2017, when it first captured the world’s No. 1 safety ranking.
- The 2026 safety report evaluated 400 cities across more than 150 countries and placed Abu Dhabi at number one for overall safety.
- Major General Ahmed Saif bin Zaitoon Al Muhairi serves as the Commander-in-Chief of Abu Dhabi Police.
- According to the broader Numbeo Safety Index, the United Arab Emirates (UAE) recently secured the title of the safest country globally, ahead of other high-ranking nations.
- Other cities in the United Arab Emirates (UAE) that ranked among the world’s safest include Ras Al Khaimah, Ajman, Sharjah, and Dubai.
- The UAE’s Ministry of Human Resources and Emiratisation has announced a paid holiday on January 1 for private sector employees.
- The announcement was made through an official X post following the UAE cabinet’s approved list of holidays for public and private sector employees.
- It remains unclear whether offices will reopen on Friday, January 2.
UN Road Safety Fund project launched in Rajasthan, Kerala, Tamil Nadu and Assam
[Rajasthan, Kerala, Tamil Nadu, Assam, United Nations (UN)]
Key Updates:
- United Nations (UN) launched a road safety financing project in partnership with Rajasthan, Kerala, Tamil Nadu and Assam on 24 February 2026.
- The project is funded by the UN Road Safety Fund and coordinated by the UN Resident Coordinator’s Office.
- It aims to build national and sub-national capacities for implementing road safety action plans and reducing road fatalities and serious injuries leading to disabilities.
- The initiative targets a 50% reduction in road traffic deaths by 2030 under the Decade of Action for Road Safety 2021-2030.
- Jean Todt, United Nations Secretary-General’s Special Envoy for Road Safety, stated that India records 600 daily deaths from road crashes, costing an estimated 7% of GDP according to the World Bank.
Similar Coverage
- Delhi government will implement the Ministry of Road Transport and Highways (MoRTH) Rah-Veer scheme to reward citizens who help seriously injured road accident victims.
- Any individual who ensures a seriously injured victim reaches hospital within the golden hour will receive Rs 25,000 and a certificate of appreciation.
- If a person assists more than one seriously injured victim in the same accident, the maximum reward remains Rs 25,000 per case.
- Ten individuals nationwide will be selected annually for a national award of Rs 1 lakh each.
- A District Level Evaluation Committee comprising the District Magistrate, a senior police officer, the Chief Medical Officer and the Regional Transport Officer will oversee implementation.
- Reward money will be transferred directly to beneficiaries’ bank accounts through an online process and recorded on a digital platform.
- MoRTH will provide an initial grant to states for the scheme.
- Four MoUs signed on 24 February 2026 between Public Works/Urban Development Departments of Delhi, Haryana, Uttar Pradesh and Rajasthan, CSIR–Central Road Research Institute (CSIR-CRRI) and School of Planning and Architecture (SPA), New Delhi.
- The agreements operationalise the Standard Framework for Paving and Greening of Urban Roads issued by the Commission for Air Quality Management (CAQM) on 7 January 2025.
- Total road length identified: Delhi ~10,099 km, Haryana ~10,133 km, Uttar Pradesh ~6,891 km, Rajasthan ~1,747 km.
- Web-GIS-based Road Asset Management System (RAMS) will enable preventive maintenance and PCI-based evaluation using technologies like NSV, FWD, GPR and AVCC.
- MoUs valid for three years with each state to designate a nodal agency and create a dedicated Paving and Greening Cell.
- Sachin Tendulkar released a video supporting the Indian launch of the #MakeASafetyStatement campaign in New Delhi.
- He was named among celebrities and sporting champions designated as Global Champions for Road Safety by the United Nations (UN).
- The campaign is part of the Second Decade of Action for Road Safety aiming to halve road victims by 2030.
- Digital billboards featuring the campaign messages are displayed in New Delhi, Mumbai, Chennai and Bengaluru.
- The Ministry of Road Transport & Highways (MoRTH) announced the Pradhan Mantri Rahat Road Accident Victim Hospitalization and Assured Treatment (PM Rahat) Scheme.
- Eligible road accident victims on any category of road can avail of cashless treatment up to ₹1.5 lakh for seven days from the accident date.
- Victims or good samaritans may dial 112 to obtain details of the nearest designated hospital and request ambulance assistance.
- Stabilisation treatment is provided for a maximum of 24 hours in non-life-threatening instances and up to 48 hours in life-threatening cases, subject to police validation.
- Reimbursements to hospitals will be made through the Motor Vehicle Accident Fund (MVAF), with the State Health Agency (SHA) paying accepted claims within 10 days.
- The government will use budgetary allocations to pay for treatment in hit-and-run and uninsured vehicle instances.
- The scheme integrates the Electronic Detailed Accident Report (eDAR) platform of the MoRTH with the Transaction Management System (TMS 2.0) of the National Health Authority (NHA).
- The Pradhan Mantri Suraksha Bima Yojana (PMSBY) offers accidental death or total disability cover of ₹2 lakh and partial disability cover of ₹1 lakh for an annual premium of ₹20.
DRDO successfully completes three VSHORADS flight-trials in Chandipur, Odisha
[Defence Research and Development Organisation (DRDO)]
Key Updates:
- Defence Research and Development Organisation (DRDO) conducted three flight-trials of the indigenously developed VSHORADS (Very Short-Range Air Defence System) from Chandipur, off the coast of Odisha.
- VSHORADS is a man-portable air defence system designed by Research Centre Imarat (RCI) in collaboration with other DRDO laboratories and Indian industry partners.
- The missile system is intended to meet the requirements of the Indian Army, Navy, and Air Force.
- All missiles intercepted and destroyed high-speed aerial targets mimicking enemy aircraft in various threat scenarios.
- Tests were carried out in final deployment configuration with target acquisition and missile firing by field operators.
- Flight data collected by Telemetry, Electro-Optical Tracking System, and Radars at ITR, Chandipur, confirmed VSHORADS effectiveness against a broad spectrum of aerial threats.
- User validation trials were witnessed by Joint Forces representatives and senior DRDO and industry officials.
- Defence Minister Rajnath Singh congratulated DRDO, the Armed Forces, and industry, stating the system can soon be inducted.
Similar Coverage
- The Blazing Skies Brigade of the Indian Army (IA) Konark Corps conducted a high-intensity test firing of the Strela-10 Very Short Range Air Defence System (VSHORADS).
- The exercise was carried out at the Pokhran Field Firing Range in Rajasthan to validate combat readiness against low-altitude aerial threats.
- The Strela-10 is a Soviet-designed surface-to-air missile system launched from a BMP-based mobile platform.
- The system has an effective engagement range of approximately 6 to 10 kilometres and is designed to neutralise helicopters and drones.
- Unlike radar-dependent systems, this VSHORADS relies significantly on visual target acquisition for operational success.
- India is currently developing an indigenous version of the VSHORADS with an approximate engagement range of 6 kilometres.
- The IA drill in the desert terrain aimed to sharpen crew coordination and test engagement protocols under realistic battlefield conditions.
- The Defence Research and Development Organisation (DRDO) successfully completed user evaluation trials of the next-generation Akash (Akash-NG) missile system, paving the way for its induction into the Indian Armed Forces. Quote: "The DRDO on Tuesday 'successfully completed' user evaluation trials of the next-generation Akash missile system, paving the way for its induction into the armed forces, officials said."
- The Akash-NG system met all Preliminary Staff Qualitative Requirements (PSQR) and demonstrated high precision against high-speed, low-altitude, and long-range high-altitude targets. Quote: "User evaluation trials of Akash NG missile successfully completed today, meeting all PSQR requirements... The system demonstrated high precision against diverse aerial threats, including high-speed, low-altitude and long-range high-altitude targets."
- The missile system is equipped with an indigenous Radio Frequency (RF) seeker, a dual-pulse solid rocket motor, and fully homegrown radars and Control and Command (C2) systems. Quote: "Equipped with an indigenous RF seeker, dual-pulse solid rocket motor, and fully homegrown radars and C2 systems, Akash-NG marks a major boost to India's air defence capability."
- During the trials, the DRDO successfully intercepted aerial targets at various ranges and altitudes, including near-boundary-low-altitude scenarios. Quote: "During the trials, the missiles successfully intercepted aerial targets at different ranges and altitudes, 'including the near-boundary-low-altitude and long-range, high-altitude scenarios,' the DRDO said."
- The Defence Research and Development Organisation (DRDO) successfully flight-tested the Man Portable Anti-Tank Guided Missile (MPATGM), a third-generation ‘fire and forget’ type of missile with top attack capability, against a moving target at the KK Ranges in Maharashtra’s Ahilyanagar on Sunday.
- The homegrown MPATGM consists of an Imaging Infrared (IIR) homing seeker which tracks targets using infrared images, an all-electric control actuation system, and a tandem warhead that uses dual charges to defeat the layered armour of adversary tanks.
- The ‘Fire and forget’ type of missile refers to a weapon system that locks onto a target before launch and does not require further guidance from the operator after firing.
- Bharat Dynamics Limited and Bharat Electronics Limited are the Development-Cum-Production Partners (DcPP) for the weapon system.
- The missile can be launched from tripod or a Military Vehicle Launcher and features a miniaturised infrared imaging seeker and advanced avionics on board for control and guidance.
- India is moving towards deploying its own home grown integrated air defence system to protect the Delhi National Capital Region from enemy aerial threats like missiles, drones and fast moving aircraft.
- The multilayered Integrated Air Defence Weapon System (IADWS) would be based around the indigenous air defence missiles such as the Quick Reaction Surface to Air Missile systems and Very Short Range Air Defence Systems.
- The Defence Research and Development Organisation (DRDO) would be working with production agencies who will work on the networking and command and control systems required for such a complicated air defence system.
- India had earlier planned to deploy the US-made National Advanced Surface to Air Missile System-II (NASAMS-II) but did not move forward on the deal as the Americans were asking for a very high price.
- The IADWS would be responsible for protecting the vital installations in the national capital region and is the responsibility of the Indian Air Force.
UN issues first carbon credits under Paris Agreement for Myanmar clean-cooking project
[United Nations (UN), Paris Agreement]
Key Updates:
- The United Nations (UN) has approved the first credits under the Paris Agreement Crediting Mechanism (PACM).
- The credited project is a clean cooking initiative in Myanmar that distributes efficient biomass cookstoves, implemented with a South Korean company.
- Generated credits will count towards the climate targets of South Korea and Myanmar.
- UN Climate Change states the credited emissions reductions are 40 percent lower than under the previous scheme due to more conservative calculations.
- The World Health Organization (WHO) estimates over two billion people globally use open fires or inefficient stoves fuelled by kerosene, coal, or biomass.
- Only 78 percent of the global population is expected to have access to clean cooking by 2030 at current rates.
Similar Coverage
- The seventh session of the United Nations Environment Assembly (UNEA-7) concluded in Nairobi, Kenya.
- More than 6,000 people – representing 186 countries – took part in the week-long gathering which was held at the headquarters of the UN Environment Programme (UNEP).
- Member States adopted 11 resolutions, three decisions and a ministerial declaration aiming to advance solutions for a more resilient planet.
- The assembly is the world’s highest-level decision-making body for matters related to the environment.
- Friday also marked 10 years since the adoption of the Paris Agreement on climate change.
- The landmark treaty, signed by 194 countries and the European Union, aims to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels.
National Science Day 2026 Theme Announced as 'Women in Science: Catalyzing Viksit Bharat' by Department of Science and Technology (DST)
[Department of Science and Technology (DST)]
Key Updates:
- National Science Day is observed on 28 February every year to commemorate C. V. Raman’s 1928 discovery of the Raman Effect.
- The Department of Science and Technology (DST), Government of India, declared the 2026 theme as 'Women in Science: Catalyzing Viksit Bharat'.
- Raman’s discovery earned him the 1930 Nobel Prize in Physics, making him the first Asian scientist to win a Nobel in science.
- The national-level celebration will be hosted at Vigyan Bhawan in New Delhi under the 2026 theme.
Similar Coverage
- The Royal Swedish Academy of Sciences awarded the Crafoord Prize to Veerabhadran Ramanathan, a distinguished research professor at the Scripps Institution of Oceanography at the University of California San Diego (UC San Diego).
- The prize, worth 8 million Swedish krona (approximately $900,000), recognises his work in expanding the understanding of how humankind affects the atmosphere, climate, and air quality.
- Ramanathan discovered in 1975 that chlorofluorocarbons (CFCs) are potent greenhouse gases, with one molecule having the same warming effect as up to 10,000 molecules of carbon dioxide (CO2).
- His research in 1985 concluded that trace gases such as methane and nitrous oxide are potentially as important as CO2 for long-term global warming.
- The scientist's findings on the greenhouse effect of CFCs provided the scientific basis for the 1987 Montreal Protocol, which banned the use of these chemicals.
- He identified and measured atmospheric brown clouds, a 3-kilometre thick layer of air pollution covering much of the Indian subcontinent, which masks some effects of global warming.
- Ramanathan served as a council member of the Pontifical Academy of Sciences (PAS) from 2012, advising three consecutive popes on climate change policy.
- Before moving to the United States (US), Ramanathan studied engineering in Bengaluru, India, and worked at a refrigeration company.
- His research also demonstrated for the first time that clouds have a cooling effect on the planet and that water vapour can amplify the warming effects of CO2.
- The United Nations (UN) designated 11 February as the International Day of Women and Girls in Science.
- The 2026 theme is 'Synergizing AI, Social Science, STEM and Finance: Building Inclusive Futures for Women and Girls'.
- Women currently make up less than one third of the world’s researchers.
- Dr. S. Jaishankar, Minister of External Affairs of India, will deliver a Spotlight Lecture at Shaastra 2026 organised by Indian Institute of Technology Madras (IIT Madras).
- Prof. Jeffrey Ullman, Turing Award recipient, will deliver a Spotlight Lecture at Shaastra 2026 organised by IIT Madras.
- Prof. Subra Suresh, former Director of the US National Science Foundation, will deliver a Spotlight Lecture at Shaastra 2026 organised by IIT Madras.
- Dr. Vidita Vaidya, Shanti Swarup Bhatnagar Prize awardee, will deliver a Spotlight Lecture at Shaastra 2026 organised by IIT Madras.
- President Droupadi Murmu presented the annual ‘Rashtriya Vigyan Puraskar’ (RVP) to distinguished scientists from diverse fields at a special function at Rashtrapati Bhavan.
- Under the second edition of the Puraskar, 24 awards were presented to scientists in four categories - Vigyan Ratna, Vigyan Shri, Vigyan Yuva, and Vigyan Team.
- The highest science award - Vigyan Ratna - was given posthumously to India’s eminent physicist, Jayant Vishnu Narlikar, for lifetime achievements and contributions made in the field of science and technology.
- The Vigyan Team award was presented to the Team- Aroma Mission Council of Scientific and Industrial Research (CSIR) in the field of Agricultural Science.
- The awards are given to scientists across 13 domains including Physics, Chemistry, Biological Sciences, Mathematics & Computer Science, Earth Science, Medicine, Engineering Sciences, Agricultural Science, Environmental Science, Technology & Innovation, Atomic Energy, and Space Science and Technology.
- Jayan N was conferred the Vigyan Shri award for Space Science and Technology, while Ankur Garg received the Vigyan Yuva in the same category.
- S Venkata Mohan was recognized with the Vigyan Shri award in the field of Environmental Science.
DST-backed Institute of Advanced Study in Science and Technology (IASST) develops ghee-based biosurfactant with antibacterial action
[Institute of Advanced Study in Science and Technology (IASST)]
Key Updates:
- The Institute of Advanced Study in Science and Technology (IASST), an institute under the Department of Science and Technology (DST), synthesised a lipopeptide biosurfactant using probiotic Lactobacillus plantarum JBC5.
- Ghee served as the lipid substrate for biosurfactant production, and optimisation employed response surface statistical analysis.
- The biosurfactant achieved a maximum emulsification index of 60% for edible oils and reduced surface tension comparably to conventional surfactants.
- It retained thermal stability up to 276°C and remained stable across a wide pH range.
- Laboratory tests showed effectiveness against Staphylococcus aureus, a pathogen linked to skin infections and wound complications.
- When blended with commercial face washes, the compound improved stain-removal efficiency.
- Researchers are conducting toxicity assessments, dose standardisation studies, and industry collaborations to advance commercialisation.
Similar Coverage
- Scientists engineered Escherichia coli bacteria to act as miniature production units for tagatose.
- A newly discovered enzyme from slime mold, galactose-1-phosphate-selective phosphatase, enables conversion of glucose into tagatose.
- The process achieved production yields of up to 95 percent, far higher than current methods.
- Tagatose contains only one-third of the calories of sucrose and has minimal impact on blood glucose levels.
- Tagatose is considered tooth-friendly and may help limit harmful oral bacteria.
- Rice University scientists created a layered double hydroxide (LDH) material from copper and aluminium that absorbs long-chain PFAS up to 100 times faster than granular activated carbon or reverse osmosis.
- The positively charged LDH uses electrostatic attraction to bind negatively charged PFAS molecules and concentrates them for destruction without extreme heat.
- Heating the captured PFAS to 400-500°C breaks carbon-fluoride bonds, yielding calcium fluoride safe for landfill disposal.
- Scaling the technology faces challenges in occupational safety, regulatory compliance and real-world complexity.
- The Kerala government approved a graphene policy to establish the state as a hub for the research and production of the carbon-based material.
- The policy aims to promote the application of graphene technology across industrial sectors by creating a startup ecosystem and fostering global partnerships.
- The cabinet approved the Kerala Advocates Welfare Fund (Amendment) Bill, 2026, to enhance financial security for legal practitioners.
- The amendment increases the maximum aggregate limit for termination of practice and post-death benefits from ₹10 lakh to ₹20 lakh.
- Financial assistance for major surgeries and cancer treatment under the welfare fund will be increased from ₹1 lakh to ₹2 lakh.
- Tirumala Tirupati Devasthanams (TTD) is establishing an ultra-modern food testing laboratory equipped with French-manufactured e-tongue and e-nose systems at a cost of Rs 25 crore.
- The e-tongue analyses taste patterns with high precision to detect subtle deterioration or adulteration in ghee and other raw materials.
- The e-nose evaluates aroma profiles to identify impurities or defects by replicating human sensory functions.
- The specialised instruments, worth around Rs 3.5 crore, are made in France and can detect microscopic variations in taste and smell not identifiable through conventional testing.
- The laboratory will test about 60 types of raw materials used in Srivari prasadam, including ghee, cashew nuts, raisins, almonds, Bengal gram, sugar, cardamom, turmeric, and chilli powder.
- It will also examine prasadam, drinking water, and food samples for pesticide residues (up to 200 types), heavy metals, microbial contamination, antibiotics, and other harmful substances.
- The Food Safety and Standards Authority of India (FSSAI) has sanctioned Rs 23 crore for the project.
- The 12,000 sq ft facility is being set up in a renovated two-storey building at the flour mill premises in Tirumala, with renovation work having begun in July last year.
- The laboratory will operate through specialised microbiology, chemistry, and sensory analysis divisions and will house about 50 advanced testing instruments.
- Around 40 personnel from the health department and TTD will be deployed to ensure smooth operations.
ETH Zurich-led study finds Congo Basin peatland lakes emit millennia-old carbon
[ETH Zurich, Congo Basin]
Key Updates:
- ETH Zurich-led team reports in Nature Geoscience that large blackwater lakes Lac Mai Ndombe and Lac Tumba in the central Congo Basin are releasing ancient peat carbon.
- Radiocarbon dating shows up to 40 per cent of the CO₂ emitted from the lakes originates from peat accumulated over thousands of years.
- The Congo Basin peatlands cover 0.3 per cent of global land surface yet hold one third of all tropical peat carbon.
- Parallel work on Lake Mai Ndombe published in ESS Open Archive finds higher water levels enhance microbial methane breakdown, while lower dry-season levels increase methane emissions.
- Population growth and forest-to-cropland conversion in the Democratic Republic of Congo could lower lake levels and amplify greenhouse-gas release.
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- Lake Victoria, the world’s largest tropical lake, now shows near-permanent green algal blooms loaded with liver-damaging microcystin.
- Nyando River dumps over 6,000 kg of nitrate daily during peak rains, while Nzoia River adds about 22,000 kg daily, fuelling explosive cyanobacterial growth.
- Microcystis and Dolichospermum dominate the blooms, producing toxins that create dead zones and crash fish populations.
- The lake supports a $600 million fish export industry and hundreds of thousands of tons of annual catch now at risk from oxygen depletion and food-web collapse.
- Kenya, Tanzania, and Uganda rely on the lake for drinking water and livelihoods, but seasonal die-offs have become systemic and recovery may be impossible on human timescales.
- Scientists discovered the new frog species Oreobates shankusacha in Peru's San Martin cloud forest region.
- The frog measures about an inch long and has golden eyes.
- The species is nocturnal and inhabits the forest floor among leaves, moss, and ferns.
- Nature Conservation Action and the Ararancha Association - Ecology and Conservation reported the discovery in the journal Salamandra.
- The name shankusacha derives from the Kichwa-Lamista phrase meaning "heart of the forest".
- Cloud forests where the frog lives exceed 4,430 feet above sea level.
- Approximately 60 percent of the regional forest has been destroyed by coffee cultivation, cattle grazing, and illegal logging.
- Scientists classify Oreobates shankusacha as endangered due to deforestation and its limited range.
- World Wetlands Day is observed every year on February 2.
- The first World Wetlands Day was celebrated in 1997.
- It has been a United Nations (UN) International Day since 2022.
- The Convention on Wetlands was signed on 2 February 1971 in Ramsar, Iran.
- The official theme for World Wetlands Day 2026 is 'Wetlands and traditional knowledge: Celebrating cultural heritage'.
- Sixteen submerged dugout canoes have been identified on the lakebed, and radiocarbon dating indicates the oldest may be approximately 5,200 years old.
- Researchers report that the youngest canoe in the set appears to be around 700 years old, while the oldest reaches back more than five millennia.
- Researchers have noted that about half of the canoes were made from red or white oak.
- The Wisconsin Historical Society’s (WHS) current explanation centers on tyloses, a biological structure that can form inside certain hardwoods.
- Tyloses can block water movement within the wood, making it less permeable and more resistant to moisture penetration.
- But if wood sinks and becomes buried under sediment in low-oxygen conditions, decay slows dramatically.
- Some reporting connected to the discovery notes that net sinkers were found in association with some of the canoes, supporting the idea that at least part of the activity involved fishing.
- Researchers have stated that the canoes were found in two distinct groupings on the lakebed.
Mumbai Cricket Association (MCA) names Wankhede Stadium stand after Ravi Shastri and gates after Dilip Sardesai, Diana Edulji, and Eknath Solkar.
[Mumbai Cricket Association (MCA), Wankhede Stadium]
Key Updates:
- Mumbai Cricket Association (MCA) announced that Level 1 Stand below the Press Box at Wankhede Stadium will be named after former India captain and coach Ravi Shastri.
- Gate No. 3 of Wankhede Stadium will be named after Dilip Sardesai who played 30 Tests for India between 1960-61 and 1972-73.
- Gate No. 5 will be named after Diana Edulji who represented India in 20 Tests and 34 ODIs from 1976 to 1993.
- Gate No. 6 will be named after Eknath Solkar who featured in 27 Tests and 7 ODIs for India.
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- Shashi Tharoor was conferred an honorary Doctor of Letters by St Xavier's University at the Biswa Bangla Convention Centre.
- This was Tharoor's first honorary doctorate in India.
- Tharoor had earlier served as a convocation speaker at the university.
- He highlighted the role of women in academics and urged students to embrace civic responsibility.
- Sachin Tendulkar released a video supporting the Indian launch of the #MakeASafetyStatement campaign in New Delhi.
- He was named among celebrities and sporting champions designated as Global Champions for Road Safety by the United Nations (UN).
- The campaign is part of the Second Decade of Action for Road Safety aiming to halve road victims by 2030.
- Digital billboards featuring the campaign messages are displayed in New Delhi, Mumbai, Chennai and Bengaluru.
- President Droupadi Murmu approved Gallantry awards for 70 Armed Forces personnel on the eve of Republic Day 2026.
- Group Captain Shubhanshu Shukla became the first Indian to the International Space Station (ISS) as part of the Axiom-4 mission in June last year.
- Lieutenant Commander Dilna K sailed over 25,600 nautical miles through the Indian, Pacific, Atlantic and Southern Oceans during Navika Sagar Parikrama II aboard INSV Tarini between October 2, 2024 and May 29, 2025.
- The gallantry decorations include three Kirti Chakras, 13 Shaurya Chakras (one posthumous), one Bar to Sena Medal (Gallantry), 44 Sena Medals (Gallantry) (five posthumous), six Nao Sena Medals (Gallantry), and two Vayu Sena Medals (Gallantry).
- South Africa’s Simon Harmer claimed 17 wickets in the two-Test series against India.
- Harmer returned figures of four for 30 and four for 21 in Kolkata, and three for 64 and six for 37 in Guwahati.
- India’s Shafali Verma scored 87 from 78 deliveries and took two wickets in the Women’s World Cup final against South Africa.
- India won the Women’s World Cup for the first time, with Verma earning Player of the Match in the final.