NPCI International Payments Ltd (NIPL) partners with Uzbekistan's National Interbank Processing Centre (NIPC) to enable UPI payments via UZQR
Key Updates:
- NPCI International Payments Ltd (NIPL) and Uzbekistan's National Interbank Processing Centre (NIPC) have entered a commercial partnership to enable UPI payments across Uzbekistan through the UZQR interoperable QR network.
- The partnership allows Indian travellers to use UPI-enabled apps to scan UZQR codes and make instant payments to merchants across Uzbekistan.
- UPI is India's real-time payments platform that connects hundreds of Indian banks through a single interface and processes more than 18 billion transactions each month in India.
- The deal received regulatory clearances from the Reserve Bank of India (RBI) and the Central Bank of Uzbekistan, which designated HUMO as NIPL's authorised partner for cross-border merchant acceptance.
- UPI is currently accepted in ten countries, including Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia and Greece.
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The Unified Payments Interface (UPI) was launched on August 25, 2016, completing a decade of operations in 2026. UPI was developed by the National Payments Corporation of India (NPCI) under the regulatory oversight of…
The Qatar-India postal remittance service powered by UPI was operationalised in Doha on August 15, 2026, coinciding with India's Independence Day. The service enables Indian residents in Qatar to send funds directly to…
The National Payments Corporation of India (NPCI) is developing an offline 'tap and pay' feature for the Unified Payments Interface (UPI) using Near Field Communication (NFC) technology. Users must first load money into…
The National Payments Corporation of India (NPCI) signed separate partnerships with HSBC India and J.P. Morgan Payments to enable real-time foreign exchange (FX) settlement for international Unified Payments Interface…
Key Updates:
- The Press Information Bureau (PIB) released the Monthly Review of Accounts of the Union Government of India up to July 2026 for FY 2026-27.
- Total receipts of the Union Government stood at ₹13,06,709 crore, forming 35.8% of the corresponding BE 2026-27.
- Tax revenue net to the Centre was ₹8,44,560 crore.
- Non-tax revenue was ₹4,23,013 crore.
- Non-debt capital receipts were ₹39,136 crore.
- Devolution to states was ₹3,72,354 crore, which was ₹56,190 crore lower than in the previous year.
- Total expenditure was ₹17,61,853 crore, forming 32.9% of the corresponding BE 2026-27.
- Revenue expenditure was ₹13,11,218 crore.
- Capital expenditure was ₹4,50,635 crore.
- Interest payments stood at ₹4,26,566 crore.
- Major subsidies stood at ₹1,53,513 crore.
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The Puducherry government presented a tax-free budget of ₹14,300 crore for the fiscal year 2026-27. Own revenue receipts are estimated at ₹7,890 crore, while central assistance including the State Disaster Relief Fund is…
Gross Goods and Services Tax (GST) collections rose 15.4% year-on-year to ₹2.11 lakh crore in July 2026. Domestic GST revenue increased 10.1% to ₹1.45 lakh crore, while GST on imports surged 28.8% to ₹66,511 crore.
The Union Government released an additional tax devolution instalment of ₹1,09,019 crore to State governments on August 1, 2026. The additional instalment is in addition to the normal monthly devolution scheduled for…
India's debt-to-GDP ratio reached 58.2 per cent in the financial year 2025-26, missing the government's budgeted target of 56.1 per cent by 210 basis points. The central government's fiscal deficit declined from 9.2 per…
Government of India's GST collections rise 14.8% to nearly ₹2 trillion in August
Key Updates:
- Gross Goods and Services Tax (GST) revenue rose 14.8% year-on-year to ₹1,99,853 crore in August 2026.
- Net GST revenue after refunds increased 8.3% to ₹1,68,057 crore in August 2026.
- Domestic GST revenue grew 9.3% to ₹1,37,249 crore, while import revenue surged 29% to ₹62,604 crore.
- Central GST collection stood at ₹38,413 crore, State GST at ₹46,316 crore, and Integrated GST from domestic transactions at ₹52,520 crore.
- Refunds surged 67.9% to ₹31,795 crore, with domestic refunds up 72.6% and export refunds up 61.8%.
- Cumulative gross GST revenue for the fiscal year rose 11% to ₹10,42,757 crore, while net GST revenue increased 9% to ₹8,89,523 crore.
- Net customs revenue increased 22.3% to ₹49,299 crore, and net domestic GST revenue grew 3.4% to ₹1,18,759 crore.
- The GST Council will hold its 57th meeting in New Delhi on September 12, 2026.
- India's GDP grew 7.8% in Q1 of the current fiscal year.
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Gross Goods and Services Tax (GST) collections rose 15.4% year-on-year to ₹2.11 lakh crore in July 2026. Domestic GST revenue increased 10.1% to ₹1.45 lakh crore, while GST on imports surged 28.8% to ₹66,511 crore.
Gross Goods and Services Tax (GST) collections rose 13.9% year-on-year to Rs 1,94,812 crore in June 2026. Cumulative gross GST collections for the April-June period of FY27 reached Rs 6,31,699 crore, an 8.4% increase…
The Income Tax Department reported net direct tax collections of ₹5,21,024.82 crore as of 17 June 2026 for the financial year 2026-27, marking a 14.64 per cent year-on-year growth. Gross direct tax collections for the…
Net direct tax collections grew 16.4% year-on-year to ₹6.51 lakh crore as of July 13 in FY27. Net corporate tax collection rose 22% to ₹2.40 lakh crore.
Ministry of Statistics and Programme Implementation (MoSPI) releases National Accounts Statistics 2026
Key Updates:
- Ministry of Statistics and Programme Implementation (MoSPI) released the National Accounts Statistics 2026 on 31 August 2026.
- The publication contains 60 statements based on updated Final Estimates for FY 2022–23 and FY 2023–24, First Revised Estimates for FY 2024–25, and revised macroeconomic indicators for FY 2025–26.
- For FY 2023–24, India's real GDP growth was revised to 7.3% from 7.2%, and nominal GDP growth to 11.1% from 11.0%.
- For FY 2024–25, India's real GDP growth was revised to 7.2% from 7.1%, and nominal GDP growth to 9.4% from 9.7%.
- For FY 2025–26, India's real GDP growth was revised to 7.8% from 7.7%, and nominal GDP growth to 8.6% from 8.9%.
- The publication incorporated updated Output Producer Price Index, Index of Industrial Production, and Banking Services Price Index based on the 2022–23 base year.
- The 2022–23 base-year series replaced the 2011–12 base year and was introduced on 27 February 2026.
- MoSPI announced India's real GDP grew by 7.8% in Q1 of FY 2026–27, while nominal GDP grew by 10.3% in the same quarter.
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The National Statistics Office (NSO) has introduced the trial version of the Index of Services Production (ISP), marking India's first monthly tracker of services output. The index currently covers 19 service industries…
The Ministry of Statistics & Programme Implementation (MoSPI) has released uniform guidelines for the compilation of District Domestic Product (DDP) estimates with the base year 2022-23. The National Statistics Office…
The Ministry of Statistics and Programme Implementation (MoSPI) released the Sustainable Development Goals (SDGs) National Indicator Framework Progress Report, 2026, to mark the 20th Statistics Day. The National…
The National Statistics Office (NSO) reported India's unemployment rate for persons aged 15 years and above declined to 5.1% in July 2026 from 5.5% in June 2026. Rural unemployment rate fell to 4.5% in July from 5.0% in…
National Statistics Office (NSO) Announces 7.8% GDP Growth for India in Q1 FY27
Key Updates:
- The National Statistics Office (NSO) estimated India's real GDP growth at 7.8% in Q1 FY27, with real GDP at Rs 81.36 lakh crore against Rs 75.46 lakh crore in Q1 FY26.
- The Reserve Bank of India (RBI) had projected Q1 FY27 real GDP growth at 7%, while median estimates from Moneycontrol and Reuters polls were 7.3% and 7.1%, respectively.
- India's nominal GDP grew 10.3% to Rs 88.27 lakh crore in Q1 FY27 from Rs 80.00 lakh crore in Q1 FY26.
- Real GVA grew 8.2% in Q1 FY27, against 7% in the corresponding quarter of the previous year.
- Nominal GVA grew 11.5% to Rs 80.53 lakh crore in Q1 FY27 from Rs 72.24 lakh crore a year earlier.
- The services sector was the fastest-growing segment, expanding 10% in Q1 FY27, compared with 8% in Q1 FY26.
- Within services, financial, real estate and professional services recorded the strongest growth at 12.1%.
- Manufacturing grew 9.2%, construction activity expanded 7.7%, and agriculture, forestry and fishing recorded 3.6% growth in Q1 FY27.
- Private Final Consumption Expenditure (PFCE) and Government Final Consumption Expenditure (GFCE) expanded by over 9.9% and 9.5%, respectively, in Q1 FY27.
- Gross Fixed Capital Formation (GFCF) jumped 20.4% during April-June 2026.
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ICRA estimated India's GDP growth at 7% in the April–June quarter of FY27, a four-quarter low, down from 7.8% in the March quarter of FY26. ICRA projected the industrial sector to grow at 7.7%, agriculture at 4%, and…
State Bank of India (SBI) research projects India's GDP growth at 8% for the April-June quarter of FY27. The SBI projection is sharply higher than the Reserve Bank of India's (RBI) forecast of 7% for the same quarter.
The National Statistical Office (NSO) reported India's Gross Domestic Product (GDP) growth at 7.7% for the full financial year 2025-26 and 7.8% for the January-March quarter (Q4 FY26). Gross Value Added (GVA) is…
ICRA has projected India’s Gross Domestic Product (GDP) growth at 6.4–6.6 per cent for the April-June quarter (Q1 FY27). The projected GDP growth in Q1 FY27 is lower than the 7.8 per cent growth recorded in the…
Kissht (RBI-registered NBFC) launches ‘Loans Without Any Hiccups’ campaign with Sachin Tendulkar as brand ambassador
Key Updates:
- Kissht, an RBI-registered NBFC, has announced Sachin Tendulkar as its brand ambassador for a three-year period.
- The campaign is titled ‘Loans Without Any Hiccups’ and features films rolling out across digital platforms.
- The campaign’s premise is that Sachin Tendulkar gets hiccups every time a loan is approved on the Kissht app.
- Kissht approves loans within 5 minutes, according to its Senior Vice President of Marketing.
- The campaign will run across Instagram, YouTube, and other digital platforms.
- Kissht completed its IPO and got listed in May 2026.
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InsuranceDekho has appointed former Indian cricket captain Sourav Ganguly as its brand ambassador for the 'Khul Kar Khelo' campaign. The campaign is designed to empower the insurtech platform's network of more than…
Shah Rukh Khan topped Kroll's 2025 celebrity brand value rankings with an estimated brand value of USD 177.9 million. Ranveer Singh retained the second position with USD 162.9 million, while 2024 topper Virat Kohli…
Rohit Sharma scored 138 runs off 110 balls in the third ODI against England on July 19, 2026. He became the oldest Indian to score an ODI century at 39 years and 80 days, surpassing Sachin Tendulkar's record.
Bollywood actor Shah Rukh Khan has been appointed as the brand ambassador for Visa in India. The partnership was launched through the #InfinitelyMore campaign.
Coconut Development Board (CDB) attributes India's 62% rise in coconut exports to ₹7,038 crore in FY26 to rising global demand.
Key Updates:
- India's coconut exports rose 62% in FY26 to ₹7,038.25 crore compared with the previous year.
- Activated carbon accounted for 67% of coconut product exports other than coir, worth ₹4,688.89 crore, with export volume of around 1.8 lakh tonnes.
- Coconut Development Board (CDB) CEO Deepa D. Nair attributed the export growth to increasing international demand, enhanced processing capabilities, wider market access through multiple FTAs, and demand for plant-based foods and vegan diets.
- India's coconut export basket now includes activated carbon, virgin coconut oil, coconut milk, coconut milk powder, and coconut water, and reaches more than 155 countries.
- Major importers of Indian coconut products include the US, UAE, Sri Lanka, Germany, Russia, Turkey, Belgium, the UK, and the Netherlands.
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India's rice exports to 26 priority markets totalled ₹23,476 crore and 4.79 million tonnes between November 2025 and March 2026, covering Basmati and non-Basmati rice, according to an Indian Rice Exporters Federation…
India's merchandise exports grew by approximately 15 per cent during April-May 2026-27. The Commerce Ministry is scheduled to release the trade data for May on June 15.
India's total exports (merchandise and services) grew 11.37% year-on-year to USD 232.73 billion in the first quarter of FY27, as per the Ministry of Commerce and Industry (MoC&I). The trade deficit widened to USD 37.42…
India aims to increase annual seafood exports by 2.5 times to reach a target of $30 billion over the next five years through higher production and quality. Marine product exports reached a record ₹73,890.46 crore ($8.45…
Veligonda Project Phase-I: CM Naidu Inaugurates Key Irrigation Project
Key Updates:
- On August 31, 2026, Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the first phase of the Veligonda Irrigation Project at Gantavanipalle.
- The Phase-I of the project will store 10.70 TMC of water.
- It will irrigate 1.19 lakh acres of agricultural land.
- It will provide safe drinking water to nearly four lakh people across three districts.
- The project is named after late Poola Subbaiah.
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The Ministry of Jal Shakti informed Parliament that the Kosi-Mechi Intra-State Link Project has been included under the Pradhan Mantri Krishi Sinchayi Yojana-Accelerated Irrigation Benefit Programme (PMKSY-AIBP). The…
Indian Potash Limited (IPL) and Jain Irrigation Systems Limited (JISL) signed a memorandum of understanding (MoU) to promote scientific, sustainable, and technology-driven sugarcane cultivation across Gujarat. The…
The Ministry of Jal Shakti (MoJS) has lauded the Chhattisgarh government's initiatives under the Modernisation of Command Area Development and Water Management (M-CAD) scheme. The MoJS has advised other states and Union…
Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated seven infrastructure projects worth ₹427.80 crore at Paradip Port Authority. The ₹352-crore capital dredging project enabled Paradip Port to…
Semicon 2.0 Notified with ₹1.27 Lakh Crore Outlay
Key Updates:
- The Union Ministry of Electronics and Information Technology (MeitY) notified Semicon 2.0, a ₹1.27 lakh crore scheme to expand India's semiconductor ecosystem.
- The scheme extends support to chip-design startups, MSMEs, semiconductor fabs, packaging firms, equipment and materials manufacturers, research bodies, and training institutions.
- Silicon wafer fabs will receive 40% of eligible capital expenditure, contingent on a minimum investment of ₹20,000 crore and 300-mm wafer capacity.
- Compound semiconductor, photonics, sensor/MEMS fabs will receive 35% government support, with a minimum capex of ₹500 crore.
- ATMP/OSAT facilities will receive 35% support for advanced packaging and 25% for legacy packaging, with a minimum capex of ₹1,000 crore.
- Commercial chip design startups and MSMEs are eligible for seed funding up to ₹15 crore, capped at 50% of the project cost.
- Advanced semiconductor R&D and talent development projects can receive up to 75% of project costs.
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India will host the fifth edition of Semicon India 2026 from September 17-19 at Yashoobhoomi (IICC), Dwarka, New Delhi. Prime Minister Narendra Modi is expected to inaugurate the event on September 17, 2026.
On 16 July 2026, the Union Cabinet approved Semicon 2.0 with a total outlay of ₹1.275 lakh crore to develop a semiconductor manufacturing ecosystem. Semicon 2.0 aims to attract nearly ₹4 lakh crore in investments and…
The Ministry of Steel has granted Miniratna Category-I status to MECON Limited. MECON Limited recorded a profit before tax (PBT) of ₹77.62 crore in FY 2023-24 (restated), ₹32.08 crore in FY 2024-25, and ₹104.53 crore in…
Spain's Submer Group announced an investment of $2 billion (₹19,000 crore) in the semiconductor industry of Madhya Pradesh. The announcement was made at the MP Tech Growth Conclave 3.0: GCC - Data Centres and…
PNGRB and EESL Sign MoU to Accelerate Smart Domestic PNG Meter Deployment in CGD Sector
Key Updates:
- On August 28, 2026, the Petroleum and Natural Gas Regulatory Board (PNGRB) and Energy Efficiency Services Limited (EESL) signed an MoU to facilitate demand aggregation and deploy smart domestic PNG meters across the city gas distribution (CGD) sector.
- The MoU aims to develop a structured ecosystem for accelerated adoption of smart domestic PNG meters by bringing together CGD entities, technology providers, manufacturers, system integrators and other stakeholders.
- Under the MoU, PNGRB will share information on standards, certification, regulatory developments, conformity assessment and inspection in smart domestic PNG metering, and facilitate stakeholder consultations.
- EESL will undertake demand aggregation, coordination among CGD entities, market assessments, technical evaluations, competitive procurement, price discovery, and suitable models for supply, installation, operation and maintenance.
- EESL has installed over 44.5 lakh smart meters across Uttar Pradesh, Haryana, Bihar, Delhi, Rajasthan and the Andaman & Nicobar Islands, with operation and maintenance responsibility for 8-10 years.
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The Centre approved the Incentive Scheme for Promotion of Domestic PNG Connections to expand household piped natural gas access. The scheme will come into effect from September 1, 2026.
Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) signed a Master Research Agreement (MRA) to accelerate the commercialisation of next-generation clean energy technologies. The collaboration will…
The Ministry of Micro, Small and Medium Enterprises (MSME) and the Department for Promotion of Industry and Internal Trade (DPIIT) signed an MoU on August 5, 2026, to accelerate commercialisation and market access for…
The Ministry of Petroleum and Natural Gas (MoPNG) issued the Natural Gas and Petroleum Products Distribution Order, 2026, prohibiting households from simultaneously holding Liquefied Petroleum Gas (LPG) and Piped Natural…
Indian Railways Approves ₹170 Crore for Kavach 4.0
Key Updates:
- The Ministry of Railways approved the deployment of Kavach Version 4.0 on 712 route kilometres of Moradabad Division in Northern Railway at a total cost of ₹170 crore.
- Kavach is an indigenously developed Automatic Train Protection (ATP) system designed to improve operational safety.
- Kavach helps prevent Signal Passing at Danger (SPAD), automatically applies brakes when required, regulates train speed in critical situations, and reduces the risk of collisions.
- As of July 31, 2026, Indian Railways had commissioned Kavach Version 4.0 across 2,633 route kilometres.
- Trackside Kavach implementation has been taken up across 21,794 route kilometres, covering the Golden Quadrilateral, Golden Diagonal, High Density Network and other identified sections.
- Indian Railways spent ₹1,14,973 crore by July 2026 against a total budget grant of ₹2,93,030 crore for the 2026-27 financial year.
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Indian Railways has approved the deployment of Kavach Version 4.0 across 660 route km in the Izzatnagar Division of North Eastern Railway. The project is sanctioned at an estimated cost of Rs 295 crore.
Indian Railways approved a ₹206-crore project to install Kavach Version 4.0 on 680 route kilometres (RKm) in the Delhi Division of Northern Railway. The installation covers the Rewari-Delhi and Shakurbasti-Bathinda…
The Ministry of Railways approved a ₹341 crore project to expand Kavach, an indigenously developed Automatic Train Protection (ATP) system designed to prevent train collisions and over-speeding. A sanctioned cost of ₹140…
Indian Railways plans to four-lane 11,000 km of its high-density network to increase train capacity. The seven high-density routes account for 41% of total railway traffic while comprising only 16% of the network.
Legal Metrology (Indian Standard Time) Rules, 2026: Unified Time Reference
Key Updates:
- The Department of Consumer Affairs (DoCA) notified the Legal Metrology (Indian Standard Time) Rules, 2026.
- The rules become effective 180 days after publication in the Official Gazette.
- The rules establish Indian Standard Time (IST) as the unified time reference for legal, administrative, commercial, and other official purposes.
- The rules aim to ensure accurate time for banking, digital payments, power systems, railways, telecom, internet, and government records.
- The government will use Indian institutions, including NavIC and other approved Indian time sources, to provide IST, reducing dependence on foreign satellite-based time sources.
- A demonstration network using White Rabbit Technology was commissioned in July 2026 at the Regional Reference Standard Laboratory (RRSL) as part of the 'One Nation, One Time' initiative, with collaboration from CSIR-NPL, ISRO, SEBI, NSE, and BSNL.
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The Union Government introduced the Improvement Notice mechanism under the Legal Metrology Act, 2009. The reform was implemented through amendments enabled by the Jan Vishwas (Amendment of Provisions) Act, 2026.
The Supreme Court directed the Reserve Bank of India (RBI) to frame a standard operating procedure (SOP) within four weeks for dealing with mule bank accounts used to launder cyber fraud proceeds. The court directed all…
Ministry of Statistics and Programme Implementation (MoSPI) signs MoU with Thapar Institute for Predictive Consumption Expenditure Framework
Key Updates:
- The Ministry of Statistics and Programme Implementation (MoSPI) signed an MoU with Thapar Institute of Engineering and Technology to develop a Predictive and Analytical Framework for Monthly Consumption Expenditures in India.
- The MoU was signed by Prof. Padmakumar Nair, Vice Chancellor of Thapar Institute, and R. Rajesh, Additional Director General of MoSPI's Capacity Development Division.
- The collaboration will use Household Consumption Expenditure Survey (HCES) data to estimate Monthly Per Capita Consumption Expenditure (MPCE) at national and state levels.
- The research study will analyse household consumption patterns to generate evidence for poverty estimation and broader economic planning.
- The partnership includes the innovative use of artificial intelligence (AI) in Official Statistics.
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The Ministry of Statistics and Programme Implementation (MoSPI) has signed two Memoranda of Understanding (MoUs) with the Institute of Data Engineering, Analytics and Science Foundation (IDEAS) at the Indian Statistical…
The Maharashtra government and Germany's Hesse state signed an MoU to strengthen cooperation in investment, innovation, employment, and skill development. The MoU was signed by Maharashtra Chief Minister Devendra…
The Ministry of Statistics and Programme Implementation (MoSPI) signed a Statement of Intent (SoI) with the Grassroots Research and Advocacy Movement (GRAAM) to launch the Embark India Development Fellowship. The…
The Jharkhand government signed an MoU between the Jharkhand Film Development Corporation Limited (JFDCL) and the Satyajit Ray Film and Television Institute (SRFTI) to establish the Jharkhand Film and Television…
Turkey becomes 71st country to join Artemis Accords
Key Updates:
- Turkey signed the Artemis Accords, becoming the 71st country to do so.
- The signing ceremony took place at NASA headquarters in Washington, D.C.
- Turkish Industry and Technology Minister Mehmet Fatih Kacır signed the agreement.
- The accords aim to promote safe, transparent, and peaceful exploration of the Moon, Mars, and beyond.
- Turkey is the seventh West Asian country to join the accords.
- Turkey has space ambitions including its first astronaut and a planned lunar mission (AYAP-1).
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Turkey's Justice Minister Akin Gurlek announced arrest warrants for Israeli PM Benjamin Netanyahu on charges including genocide, crimes against humanity and torture. The warrants relate to Israel's interception of the…
The National Aeronautics and Space Administration (NASA) invited the Indian Space Research Organisation (ISRO) to join its Moon Base programme under the Artemis framework. The invitation was extended during the 9th…
Bangladesh formally joined the International Big Cat Alliance (IBCA) on 24 June 2026, bringing the total number of member countries to 27. The IBCA is a treaty-based global entity headquartered in New Delhi and was…
India's Union Defence Minister Rajnath Singh Lays Foundation for Rs 472 Crore T-72 and T-90 Tank Overhaul Facility in Jabalpur on August 27, 2026
Key Updates:
- Union Defence Minister Rajnath Singh and Madhya Pradesh Chief Minister Mohan Yadav performed the Bhoomi Pujan for the T-Series Tanks Overhaul Project at Vehicle Factory, Jabalpur, on August 27, 2026.
- The Rs 472 crore project will create overhauling facilities for T-72 and T-90 tanks at Vehicle Factory Jabalpur, a unit of Armoured Vehicles Nigam Limited (AVNL).
- The new facility is envisaged to overhaul 80 tanks annually, while the Indian Army requires around 230 tank overhauls each year.
- Heavy Vehicles Factory, Avadi, currently has the capacity to overhaul 150 tanks annually and has supplied around 4,400 tanks to the Indian Army over the past four decades.
- The overhauling facilities are expected to generate demand for mechanical, electrical, electronic and hydraulic components, creating opportunities for MSMEs.
- Rajnath Singh said modern warfare demands combined capabilities, and tanks need to be equipped with superior sensors aligned with modern battlefield requirements.
- AVNL has 25 years of experience in overhauling T-72 and T-90 variant tanks.
- Rajnath Singh noted that India's defence production rose to around Rs 1.80 lakh crore in FY 2025-26 from Rs 46,000 crore in 2014, and defence exports reached approximately Rs 39,000 crore.
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India Defence Minister Rajnath Singh said that border infrastructure will remain indispensable in technology-driven future warfare. He stated that ports, airfields, roads, and tunnels will continue to play an…
The Prime Minister laid the foundation stone of the ASIP Semiconductor Project at Visakhapatnam, with an investment of over ₹460 crore, under the India Semiconductor Mission. The Prime Minister inaugurated the Alluri…
Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal announced a development pipeline worth Rs 5,028.17 crore for the Mumbai Port Authority. The development plan consists of 63 projects covering…
Union Textiles Minister Giriraj Singh highlighted the Cotton Productivity Mission, with an outlay of ₹5,659 crore, at the 56th Foundation Day celebrations of the Cotton Corporation of India (CCI). The Cotton Productivity…
Tata Advanced Systems Limited signs MoU with Javelin Joint Venture for co-production of anti-tank missile system in India
Key Updates:
- Tata Advanced Systems Limited (TASL) and the Javelin Joint Venture (JJV), a partnership between Raytheon (an RTX business) and Lockheed Martin, signed an MoU to co-produce the Javelin All Up Round (AUR) in India.
- TASL was selected by JJV as the prime partner for future in-country co-production of the Javelin after an evaluation of multiple companies.
- Under the MoU, TASL and JJV will explore establishing a final assembly and integration facility for the Javelin AUR and component production capabilities in India.
- The Indian Army has signed a letter of offer and acceptance (LOA) to buy the Javelin anti-tank guided missile system from the United States through the foreign military sales process.
- The LOA was signed nine months after the US State Department approved the possible sale of the Javelin system to the Indian Army following New Delhi's request.
- In November 2025, the US Defense Security Cooperation Agency (DSCA) said the Government of India requested 100 FGM-148 Javelin rounds, one Javelin FGM-148 fly-to-buy missile, and 25 Javelin Lightweight Command Launch Units (LwCLU) or Javelin Block 1 Command Launch Units (CLU).
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India signed a deal with the US to purchase the Javelin anti-tank guided missile system, nearly 16 years after initial interest. The Javelin system is produced by the Javelin Joint Venture, a partnership between RTX and…
The Indian Ministry of Defence signed contracts worth approximately Rs 1,577 crore with Tata Advanced Systems Limited (TASL) and NIBE Private Limited for Loiter Munition Systems. The contracts, signed in New Delhi on…
The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, accorded Acceptance of Necessity (AoN) for defence procurement proposals worth approximately ₹52,000 crore. For the Indian Army, the DAC…
The Indian Ministry of Defence (MoD) signed contracts worth approximately Rs 1,577 crore with Tata Advanced Systems Limited (TASL) and NIBE Private Limited for loitering munition systems, munitions, and accessories for…
26th SCO Summit Held in Bishkek, Kyrgyzstan
Key Updates:
- The 26th Shanghai Cooperation Organisation (SCO) Summit was held in Bishkek, Kyrgyzstan, from August 31 to September 1, 2026.
- The summit marked the 25th anniversary of the SCO and was chaired by Kyrgyz President Sadyr Japarov under the theme '25 Years of the SCO: Together for Sustainable Peace, Development and Prosperity'.
- Prime Minister Narendra Modi attended the summit and outlined India's vision based on three pillars: Security, Connectivity, and Opportunity.
- The SCO leaders signed the Bishkek Declaration on the 25th Anniversary of the SCO, along with 27 other documents, including regulations on the Universal Center for Countering Challenges and Threats to the Security of SCO Member States.
- PM Modi met Russian President Vladimir Putin on the sidelines and urged a move from 'endless war' to 'end of war', calling for peaceful resolution of the Russia-Ukraine conflict.
- India and Uzbekistan elevated their relationship to a Comprehensive Strategic Partnership during PM Modi's visit to Tashkent prior to the summit.
- The summit was held in an expanded 'SCO Plus' format, bringing together leaders from member, partner, and observer countries.
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The Shanghai Cooperation Organization (SCO) Summit 2026 will be held in Bishkek, Kyrgyzstan, from August 31 to September 1, 2026. The summit marks the 25th anniversary of the SCO, with the slogan '25 years of the SCO…
The Shanghai Cooperation Organisation (SCO) Women’s Forum 2026 was held in Bishkek, Kyrgyz Republic. Union Minister for Women and Child Development Annapurna Devi addressed the forum through a video message.
PM Modi will undertake a bilateral visit to Uzbekistan from August 29 to 30. He will then visit Kyrgyz Republic for the 26th SCO Summit from August 31 to September 1.
S. Somanath, former Chairman of the Indian Space Research Organisation (ISRO), joined the Board of Directors of Agnikul Cosmos as an observer. Agnikul Cosmos is a Chennai-based spacetech startup.
China Test-Fires Stealth-Coated Variant of YJ-18A Anti-Ship Cruise Missile
Key Updates:
- China has test-fired a stealth anti-ship cruise missile with a black radar-absorbing coating.
- The missile was identified as a new variant of the YJ-18A anti-ship cruise missile.
- It was launched from a navy ship's vertical launch system during an extreme-performance test in an unknown sea area.
- The black coating reduces reflected radar energy and also provides visual camouflage against dark deep-sea water.
- The YJ-18A cruises at subsonic speed before making a supersonic terminal attack.
- The YJ-18A is often equipped on Type 052D and Type 055 destroyers.
- The original YJ-18, derived from the Russian 3M-54E system, has a range of 540 km.
- During terminal approach, the missile's warhead can accelerate to Mach 3 speed.
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India successfully flight-tested the indigenously developed Long Range Land Attack Cruise Missile (LRLACM) on 15 June 2026. The missile was developed by the Defence Research and Development Organisation (DRDO).
The Defence Research and Development Organisation (DRDO) successfully demonstrated a multi-layered Ballistic Missile Defence (BMD) capability through three consecutive flight-tests conducted on June 10 and 11. The…
The People's Liberation Army Navy (PLAN) successfully conducted a test missile launch in the Pacific Ocean on July 6. The launch involved a strategic missile carrying a training simulation warhead fired from a strategic…
The Defence Research and Development Organisation (DRDO) conducted the maiden flight test of the 'Kusha' Long-Range Surface-to-Air Missile (SAM) from APJ Abdul Kalam Island off the coast of Odisha. The test successfully…
OIL Green Energy signs MoUs with Haryana municipalities for waste-to-energy projects
Key Updates:
- OIL Green Energy (OGEL), the renewables arm of Oil India, signed MoUs with four Haryana municipalities for integrated waste-to-energy projects.
- The projects will be located in Gurugram, Faridabad, Hisar, and Ambala with a combined capacity of 5,000 tonnes per day of municipal solid waste.
- The facilities will produce 70–75 tonnes per day of compressed biogas (CBG) and 50 MW of green power.
- The integrated approach will recover recyclables, use wet/biodegradable waste for CBG, and non-recyclable dry waste for electricity generation.
- The initiative aligns with India's GOBARdhan – National Circular Bioenergy Scheme 2026, supporting waste-to-wealth and circular economy goals.
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ACME Green Molecules has signed a long-term agreement with Japan's Mitsubishi Gas Chemical Company (MGC) to supply 100,000 tonnes of green methanol annually. The deal is estimated to be worth approximately $1 billion and…
Oil India Limited (OIL) signed a collaboration framework with the Petroleum Technology Research Centre (PTRC), Canada, on June 10 at the Global Energy Show 2026 in Calgary. The partnership focuses on carbon capture…
The Government of Odisha signed a Memorandum of Cooperation (MoC) with ACME Group and Japan’s IHI Corporation on July 3, 2026, for clean energy and industrial projects worth ₹67,000 crore. Adani Enterprises and UAE’s…
The National Bank for Agriculture and Rural Development (NABARD) signed an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to finance green, climate-resilient and sustainable…
Digital India BHASHINI Division Organises BHASHINI Shilpi Developer Session in Kathmandu
Key Updates:
- The BHASHINI Shilpi developer session was held on August 31, 2026, at the Embassy of India in Kathmandu, Nepal.
- The session was organised by the Digital India BHASHINI Division under MeitY.
- BHASHINI is India's Digital Public Infrastructure for languages, providing APIs for translation, speech recognition, and synthesis.
- The event introduced Nepal's tech community to BHASHINI APIs for speech and text-based digital services.
- The developer engagement framework includes Develop with BHASHINI, Solve with BHASHINI, Scale with BHASHINI, and Innovate with BHASHINI.
- An MoU was signed with Kathmandu University's Centre for Digital Public Infrastructure and AI.
- The Kathmandu session marked BHASHINI's first international outreach.
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Chandrashekhar Shilpi, a national award-winning sculptor, passed away on August 15, 2026, in Kalaburagi, Karnataka. He was admitted to a private hospital on August 13, 2026, with pneumonia and suffered a severe heart…
The Digital India BHASHINI Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY) and the Government of Goa jointly organised the 'BHASHINI Rajyam: State Engagement Workshop' in Panaji. The…
India and Nepal held discussions on expanding cross-border railway connectivity during the 10th Project Steering Committee and 8th Joint Working Group meetings in Kathmandu on June 11 and 12, 2026. The meetings focused…
The United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Committee held its 48th session at the Busan Exhibition and Convention Center (BEXCO) in Busan, South Korea, concluding on July…
India Inaugurates Green Forge Complex at BRIC-NABI Mohali
Key Updates:
- The Green Forge Complex, inaugurated at the National Agri-food & Biomanufacturing Institute (BRIC-NABI) in Mohali, features controlled simulation chambers for genetically modified crop experimentation.
- The facility can vary light quantity and quality, humidity, and temperature to recreate different environmental conditions for crop testing.
- The integration of artificial intelligence (AI) with the Green Forge facility is expected to enhance research capabilities.
- India's bioeconomy has grown from US$10 billion to US$200 billion, according to the Minister.
- The Department of Biotechnology is supporting around 38 projects in Carbon Capture and Utilisation (CCU).
- BRIC-NABI is working on converting agricultural waste into nutraceuticals and high-value biomaterials.
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Kalyani Strategic Systems Ltd (KSSL), the wholly owned defence subsidiary of Bharat Forge Ltd, unveiled the Simha 4x4 next-generation light armoured multi-purpose vehicle at the Eurosatory 2026 defence exhibition in…
Prime Minister Narendra Modi announced the 'Sapta Dhara' seven-point reform framework on August 15, 2026, from the Red Fort on the 80th Independence Day. The framework aims to accelerate India's progress towards Viksit…
Union Defence Minister Rajnath Singh addressed the inaugural ceremony of the Advanced Weapon System Complex at the Defence Research and Development Laboratory (DRDL) of the Defence Research and Development Organisation…
On National Handloom Day, Meghalaya Chief Minister Conrad K. Sangma inaugurated the Centre of Excellence for Eri silk weaving at the Integrated Textile Tourism Complex at Ri Sai, Nongpoh. The Centre of Excellence will…
ISRO to Launch GSLV-F17 With EOS-05 Earth Observation Satellite
Key Updates:
- The Indian Space Research Organisation (ISRO) is scheduled to launch its GSLV-F17 rocket carrying the EOS-05 Earth observation satellite on September 4, 2026, from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
- GSLV-F17 is the 19th flight of India's Geosynchronous Satellite Launch Vehicle (GSLV) and will use a 4-metre-diameter ogive composite payload fairing.
- The rocket will place EOS-05 into a Sub-Geosynchronous Transfer Orbit (Sub-GTO), from where the satellite will move to its final orbit.
- EOS-05 is an advanced Earth observation satellite and will be India's first imaging satellite to operate from a geosynchronous orbit, allowing it to observe large areas of Earth.
- The satellite will provide frequent observations of India's landmass, coastal areas, weather systems, and disaster-prone regions, and can be used to monitor cyclones, floods, and forest fires.
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The Indian National Space Promotion and Authorisation Centre (IN-SPACe) approved and signed an agreement with a private consortium for India's first fully commercial Earth observation satellite constellation. The…
Pakistan launched six Earth-observation satellites between January 2025 and June 2026 with development and launch support from China. The expanded satellite fleet includes PAUSAT-1, PRSC-EO1, PRSS-2, HS-1, PRSC-EO2, and…
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has invited expressions of interest (EoI) for the transfer of technology (ToT) of the LVM-3 launch vehicle to the private sector. LVM-3, previously…
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) granted technical clearance to Reliance Jio's proposed 1,600-satellite Low Earth Orbit (LEO) constellation. The technical evaluation was carried out…
National Aeronautics and Space Administration (NASA) Launches USD 4.3 Billion ‘Nancy Grace Roman Space Telescope’ to Explore Universe’s Biggest Mysteries
Key Updates:
- The National Aeronautics and Space Administration (NASA) launched its USD 4.3 billion Nancy Grace Roman Space Telescope aboard a SpaceX Falcon Heavy rocket from Kennedy Space Center in Florida.
- The telescope is headed to a point in space roughly 1 million miles (1.6 million kilometres) from Earth, the same region where NASA's James Webb Space Telescope operates.
- Roman's field of view is more than 100 times wider than Hubble's.
- One month of Roman observations of the Milky Way would take the Hubble Space Telescope about a century to complete.
- Roman will hunt for exoplanets and carry an experimental coronagraph designed to block starlight so that fainter orbiting planets can be seen directly.
- The telescope will create a vast catalogue of galaxies and cosmic objects to help study dark energy and the expansion of the universe.
- Roman's primary mirror is about 8 feet (2.4 metres) across and was donated to NASA by the National Reconnaissance Office from surplus spy satellite mirrors.
- Roman is NASA's first space telescope named after a woman, honouring Nancy Grace Roman, NASA's first chief astronomer.
- The telescope launched nearly a year ahead of schedule and within budget.
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NASA and Katalyst Space Technologies called off the rescue mission for the Swift Observatory on Wednesday, dooming the telescope to a fiery reentry later this year. The Link spacecraft, built by Katalyst, will not…
The National Aeronautics and Space Administration (NASA) is deploying the Link robotic spacecraft to rescue the Swift Observatory, a 1.6-ton gamma-ray telescope. The Link robot, built by Katalyst Space, is a…
The National Science Foundation (NSF) and Department of Energy (DOE) Vera C. Rubin Observatory in Chile has officially launched the 10-year Legacy Survey of Space and Time (LSST) mission. The LSST camera is the world's…
Astronomers discovered a rocky exoplanet named GJ 523b, informally dubbed a 'mega-Earth'. GJ 523b has a mass 23 times that of Earth and a radius about 2.55 times larger.
Vice-President Launches Gnani Artha Sovereign AI Stack
Key Updates:
- Vice-President C P Radhakrishnan launched the sovereign AI stack 'Artha' developed by Bengaluru-based startup Gnani at his official residence in New Delhi on August 28, 2026.
- Artha is an end-to-end sovereign AI stack for Indian enterprises and public institutions, comprising the open-weight foundational model Evon v3.3 and the agentic AI platform Plexus.
- Evon v3.3 is a 30-billion-parameter model with roughly 3.5 billion active parameters on any given token, indicating a mixture-of-experts (MoE) architecture.
- Evon v3.3 supports over 11 Indian languages and its model weights are released under the Apache 2.0 open-source licence.
- Gnani rebuilt Evon v3.3's tokeniser for Indian scripts, claiming it needs about 20 per cent fewer tokens per Indian-language word than the GPT-5 family tokeniser and less than half of byte-level tokenisers such as DeepSeek, Llama and Qwen.
- Evon v3.3 is designed for self-hosting on a single node to help banks, insurers and government bodies meet data residency requirements.
- Plexus is an agentic AI platform that allows users to build and deploy AI agents through natural language prompts, with tool calling and autonomous operation across documents, systems and conversations.
- According to Gnani, Evon v3.3 outperformed similarly sized and 105-billion-parameter Indic models on the Indian-language benchmark MILU.
- Gnani AI is one of the 12 local entities selected under the India AI Mission to build sovereign LLMs.
- The India AI Mission was approved by the Union Cabinet in 2024 with an initial outlay of Rs 10,372 crore.
- At the India AI Impact Summit in February 2026, Gnani launched Vachana TTS, a text-to-speech model that can clone human voices across 12 Indian languages using under 10 seconds of reference audio.
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Sriram Krishnan is set to depart from his role as a White House AI policy adviser by the end of June. Krishnan was involved in the Trump administration's efforts to create a national framework for regulating developments…
Uday Ruddarraju, an Indian-origin tech leader, was appointed as the Chief Technology Officer (CTO) of Compute at OpenAI in July 2026. He joined OpenAI in 2025 from Elon Musk's xAI, where he served as Head of…
OpenAI has received approval from the US Department of Commerce for a broader rollout of its advanced GPT-5.6 model. The review was conducted by the Center for AI Standards and Innovation under the US Department of…
The Chhattisgarh Cabinet approved a ₹500 crore Artificial Intelligence (AI) Mission for the state. The AI Mission will be implemented over a five-year period.
Union Minister Pralhad Joshi inaugurates new National Test House ( NTH) building in Bengaluru on 115th Foundation Day
Key Updates:
- The National Test House ( NTH) was established in 1912 at Alipore, Kolkata, and has evolved into a multi-location national testing and quality assurance institution.
- Union Minister Pralhad Joshi inaugurated the new NTH building in Bengaluru during its 115th Foundation Day celebrations.
- New testing facilities inaugurated virtually across the NTH network included a Coal Testing Facility at Kolkata, a Solar Water Heater Testing Facility at Chennai, and an Utensils Testing Facility at Jaipur.
- The NTH Suvidha mobile application and the NTH Laboratory at Deendayal Hastkala Sankul ( Trade Centre, Varanasi) were also inaugurated.
- India has become the 13th official member country of the International Organization of Legal Metrology, giving full global recognition to domestically tested measuring instruments, including equipment used at petrol retail outlets.
- The government has prioritised the 'Zero Defect, Zero Effect' principle in manufacturing, and a new testing agency is being developed to verify product quality and environmental carbon emissions during manufacturing.
- Union Minister Pralhad Joshi said EV components entering the Indian market over the next 1 to 15 years must be fully manufactured domestically to compete globally.
- NTH revenue has increased from ₹10–20 crore to over ₹50 crore, and it now tests samples for countries including Sri Lanka, Dubai, Bahrain, and Bhutan.
- NTH has implemented drone testing and certification systems for agriculture, surveying, and disaster management sectors.
- The expansion of EV battery testing and chemical testing capabilities was described as crucial for clean transport and public health.
- India's first MSME 'Air Technology Centre' has been established in Bengaluru at a cost of approximately ₹200 crore to meet testing requirements of India's aerospace and defence sectors.
- Three dedicated testing domains have been set up in Bengaluru, Karnataka,for testing aerospace componentsand materials, reducing reliance on foreign countries for chemical and rigorous testing.
- MoUs were signed with various prestigious institutions for technical knowledge sharingand skill development.
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Dharmendra Pradhan resigned as Union Education Minister on July 26, 2026. The President of India accepted his resignation under Article 75(2) of the Constitution.
Union Food Minister Pralhad Joshi launched the smart warehousing system of Central Warehousing Corporation (CWC) that uses modern technologies like AI and IoT to monitor inventory and real-time operations in 216 grain…
Union Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi inaugurated the White Rabbit Technology-based Indian Standard Time (IST) Distribution Demonstration Network. The demonstration network was…
The Ministry of New and Renewable Energy (MNRE) launched the WT-MARUT portal, India's first digital platform for wind turbine supply chain management. WT-MARUT aims to strengthen domestic manufacturing, enhance supply…
SAI, BAI & SAA Sign Tripartite Pact to Set Up NE India's First Swimming NCoE
Key Updates:
- The Sports Authority of India (SAI), Badminton Association of India (BAI) and Sports Authority of Assam (SAA) signed a tripartite agreement to strengthen sports infrastructure in the North East.
- The Olympic-size swimming pool at the Amingaon Sports Complex in Assam will be made available to SAI for the establishment of a National Centre of Excellence (NCoE) for swimming.
- This will be the first NCoE for swimming in the North Eastern Region.
- The centre is expected to provide world-class training facilities and support to identify and develop swimming talent from Assam and other North Eastern states.
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India and the South African Customs Union (SACU) will sign terms of reference for trade talks on August 12, 2026. The negotiations will be for a preferential trade agreement (PTA) between India and SACU.
India and Japan signed a Memorandum of Arrangement on Maritime Security Cooperation on August 20, 2026, in New Delhi. The pact aims to strengthen coordination between the Indian Navy and the Japan Maritime Self-Defense…
The Sports Authority of India (SAI) signed a three-year Memorandum of Understanding (MoU) with the University of Tsukuba, Japan, to strengthen the high-performance sports ecosystem. The agreement was signed by Prof…
The Ministry of Coal released the Annual Report on Mine Closure (AAROH) on July 22, 2026. The Ministry of Coal signed an Implementation Agreement with Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) for…
Vaibhav Sooryavanshi becomes youngest Duleep Trophy half-century maker
Key Updates:
- Vaibhav Sooryavanshi, aged 15 years and 157 days, became the youngest player to score a half-century in Duleep Trophy history.
- Sooryavanshi scored 92 off 81 balls in East Zone's semi-final against Central Zone at the BCCI Centre of Excellence Ground 1 in Bengaluru.
- He broke the 57-year-old record previously held by Laxman Singh, who had scored a Duleep Trophy fifty at 16 years and 23 days.
- Sooryavanshi's opening stand of 161 with Abhimanyu Easwaran (69) helped East Zone reach 266 all out in their first innings.
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Vaibhav Sooryavanshi became the youngest player to score a T20I fifty at the age of 15 years and 118 days. He achieved this record during the 1st T20I between India and Zimbabwe at Harare.
Vaibhav Sooryavanshi from Samastipur district, Bihar, became India's youngest international debutant during the second T20I against England in Manchester. He surpassed the record for India's youngest international…
Vaibhav Sooryavanshi set a world record for the fastest List A half-century by scoring 50 runs in 11 balls during the Tri-Nation Series final against Sri Lanka A. The previous world record for the fastest List A fifty…
Harsh Vardhan, President of the Bihar Cricket Association (BCA), was honoured with the Global Prestige Award at the House of Lords, UK Parliament, on June 20, 2026. The Global Prestige Award recognises distinguished…
Key Updates:
- Mohun Bagan's Lallianzuala Chhangte was named Indian Player of the Year at the FPAI Indian Football Awards 2026.
- Manisha Kalyan won the Indian Women's Player of the Year award.
- East Bengal FC received the ISL Champions award for the 2025-26 season, ending a 22-year wait for a national league title.
- East Bengal FC Women were honoured as IWL Champions 2025-26.
- Owen Coyle received the men's Coach of the Year award, while Anthony Andrews won the women's Coach of the Year.
- Jamshedpur FC's Sanan Mohammed K was named Young Player of the Year.
- Miguel Figueira Damasceno was chosen as Foreign Player of the Year, and Phrangki Buam won I-League Player of the Year.
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East Bengal defeated Mohun Bagan Super Giant 4-1 in the final of the Durand Cup 2026. The final was played in Kolkata.
Neeraj Chopra and Parul Chaudhary were named the Best Male and Female Athletes of the Year at the inaugural Indian Athletics Awards, organised by the Athletics Federation of India (AFI). Legendary sprinter P T Usha was…
The Ministry of Youth Affairs and Sports announced the winners of the National Sports Awards 2025 on Tuesday. Tejaswin Shankar, who won India's first-ever Commonwealth Games medal in the decathlon, was awarded the Arjuna…
Lionel Messi has been awarded the 2026 Princess of Asturias Award for Sports, becoming the first individual footballer to receive this honour. The Princess of Asturias Award recognises outstanding achievements in fields…
Key Updates:
- Lionel Messi announced his retirement from international football seven weeks after Argentina lost to Spain in the World Cup final in the US.
- Messi's last international match was the World Cup final against Spain.
- Messi captained Argentina to the 2022 World Cup title and two Copa América titles.
- Messi said the death of his father, Jorge, in early August made him more convinced about retiring.
- Messi retires as Argentina's record appearance maker with 207 caps and record scorer with 125 goals.
- Messi previously announced his retirement in 2016 after a Copa América final loss to Chile but was persuaded to continue.
- Messi won the Under-20 World Cup and also won Olympic gold in 2008.
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Argentina inaugurated a 26-meter-tall statue of Lionel Messi in Cutral Co, Neuquén, marking the tallest tribute to the football legend worldwide. The artwork was created by local artist Aldo Beroisa and took nearly a…
Nicolás Otamendi announced his retirement from international football after a 17-year career. He made 139 appearances for Argentina.
Lionel Messi became the all-time leading goalscorer at the Fédération Internationale de Football Association (FIFA) men’s World Cup with 18 goals. Messi broke the 12-year record of 16 goals previously held by Miroslav…
Lionel Messi has been awarded the 2026 Princess of Asturias Award for Sports, becoming the first individual footballer to receive this honour. The Princess of Asturias Award recognises outstanding achievements in fields…
National Small Industry Day 2026 – August 30
Key Updates:
- National Small Industry Day is observed annually on August 30 in India.
- The day traces its formal recognition to August 30, 2000, when a comprehensive policy package for small scale industries was launched.
- From April 1, 2025, a small enterprise can have investment up to ₹25 crore and annual turnover up to ₹100 crore.
- MSMEs employ more than 38.9 crore people and contribute 31.1% of India's GDP.
- MSMEs account for 35.4% of manufacturing output and 48.58% of India's exports.
- The Micro, Small and Medium Enterprises Development (MSMED) Act 2006 provides a statutory framework for MSMEs.
- The MSMED (Amendment) Act 2026 received presidential assent in August 2026.
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National Handloom Day is celebrated annually on August 7 in India. The day commemorates the launch of the Swadeshi Movement on August 7, 1905.
The Ministry of Micro, Small and Medium Enterprises (MSME) and the Department for Promotion of Industry and Internal Trade (DPIIT) signed an MoU on August 5, 2026, to accelerate commercialisation and market access for…
Rural Development Secretary Rohit Kansal launched the three-month 'National Campaign on Entrepreneurship-II' under the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM). The campaign will run from…
The Ministry of Food Processing Industries (MoFPI) organised the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme (PMFME) Conclave 2026 on August 24-25, 2026 at India Habitat Centre, New Delhi.…
John Ternus Succeeded Tim Cook as Apple CEO
Key Updates:
- John Ternus succeeded Tim Cook as Apple's CEO.
- Tim Cook served as Apple CEO for 15 years before stepping down.
- Apple's market value reached $4.6 trillion during Tim Cook's tenure.
- Ternus previously served as Apple's Vice President of Hardware Engineering.
- Ternus worked on products including the Apple Watch, AirPods, and Apple Vision Pro.
- Tim Cook is expected to become Apple's executive chairman.
- Ternus will lead the launch of the latest iPhone at Apple's Cupertino headquarters next week.
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Willie Walsh assumed charge as CEO of IndiGo on August 3, 2026, succeeding Pieter Elbers. His appointment was announced on March 31, 2026.
Ajay Rajan has been appointed as the Managing Director (MD) & Chief Executive Officer (CEO) of Protean eGov Technologies for a three-year term effective June 1, 2026. The company board approved his appointment as an…
Pankaj Pawar was appointed as the Chief Executive Officer (CEO) of Jio Platforms on March 24, 2026. He succeeded Kiran Thomas, who resigned as CEO on March 23, 2026.
Tommy Koh, Runa Khan, Bo Kyi Receive 2026 Ramon Magsaysay Award
Key Updates:
- The Ramon Magsaysay Foundation announced the 2026 Ramon Magsaysay Award laureates: Tommy Koh, Runa Khan, and Bo Kyi.
- Tommy Koh is a Singaporean diplomat and international legal expert who presided over negotiations during the Third United Nations Conference on the Law of the Sea (UNCLOS).
- Runa Khan is a Bangladeshi social entrepreneur who founded Friendship Bangladesh, which delivers healthcare, education, and climate adaptation programs to marginalized communities.
- Bo Kyi is a Myanmar human rights advocate who co-founded the Assistance Association for Political Prisoners (AAPP) in 2000.
- The Ramon Magsaysay Award is widely regarded as Asia's highest honor and is often described as the region's equivalent of the Nobel Prize.
- The award was established in 1957 in honor of the late Philippine President Ramon Magsaysay.
- The 68th Ramon Magsaysay Awards Presentation Ceremonies will be held in November.
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President Droupadi Murmu will confer the National Teachers Awards 2026 to 48 school teachers at Vigyan Bhawan, New Delhi on September 5, 2026. The awards are organised by the Department of School Education and Literacy…
The President of India will confer the Sangeet Natak Akademi Fellowships and Awards for the years 2024 and 2025 to 115 artists on 13 August 2026 at Vigyan Bhawan, New Delhi. The Sangeet Natak Akademi Fellowship carries a…
President Droupadi Murmu presented the Padma awards to 65 eminent personalities during the second civil investiture ceremony held on 23 June 2026 at the Gantantra Madap of Rashtrapati Bhavan. Former Supreme Court (SC)…
President Droupadi Murmu presented the Sant Kabir Handloom Awards and National Handloom Awards 2025 at Rashtrapati Bhavan Cultural Centre, New Delhi, on August 8, 2026. The awards were presented during the 12th National…
Ashish Shelar Elected President of E-Sports Games Federation (ESGF)
Key Updates:
- Ashish Shelar was elected president of the E-Sports Games Federation (ESGF) at the Board Meeting held in New Delhi on August 28, 2026.
- He serves as Minister of Electronics, IT, AI and Cultural Affairs in the Government of Maharashtra and as a Board member of the Asian Cricket Council.
- His name was proposed by ESGF Founder and Acting President Nandan Jha and Chairperson Ashok Dhyanchand, and the proposal was seconded by Secretary General Gursharan Singh.
- The proposal received unanimous support from all members and State Representatives present at the meeting.
- Shelar said around 600 million people in India are engaged with esports, and the Indian esports team will participate in the Asian Games in Japan in September 2026.
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Banwarilal Purohit was unanimously elected as the president of Bharatiya Vidya Bhavan on June 7. Deepak Parekh was elected as the vice president of Bharatiya Vidya Bhavan.
Vivek Aggarwal has been elected as the Vice President of the FATF, an intergovernmental organisation that formulates global standards to combat money laundering and terrorist financing. Aggarwal is a 1994-batch Indian…
The Maharashtra government and Germany's Hesse state signed an MoU to strengthen cooperation in investment, innovation, employment, and skill development. The MoU was signed by Maharashtra Chief Minister Devendra…
Senegal’s President Bassirou Diomaye Faye was elected Chairman of the Economic Community of West African States (ECOWAS). He succeeded Sierra Leone’s President Julius Maada Bio.
