Scheduled Commercial Banks (SCBs) recorded a year-on-year non-food credit growth of 15.9% in financial year 2025–26. Total outstanding credit of SCBs stood at ₹212.9 lakh crore as of March 2026, an increase of ₹29.2 lakh…
S&P Global Market Intelligence (S&P) data ranks Kotak Mahindra Bank as top Asia-Pacific lender by leverage ratio
Key Updates:
- S&P Global Market Intelligence (S&P) data as of March 31, 2026, shows that Kotak Mahindra Bank reported the highest leverage ratio of 16.56% among Asia-Pacific lenders with assets of at least $100 billion.
- HDFC Bank reported a leverage ratio of 11.14% as of March 31, 2026.
- ICICI Bank reported a leverage ratio of 10.84% as of the same date.
- Axis Bank reported a leverage ratio of 9.28% as of March 31, 2026.
- Union Bank of India recorded the sharpest year-on-year increase in leverage ratio, rising by 69 basis points to 7.72% as of March 31, 2026.
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State Bank of India (SBI) expects eligible customer utilisation under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to be in the range of ₹70,000-80,000 crore. The Reserve Bank of India (RBI) will facilitate an…
State Bank of India (SBI) and MUFG Bank Ltd. (MUFG) sign partnership to strengthen India-Japan economic corridor (Mid of March)
State Bank of India (SBI) and Japan-based MUFG Bank Ltd. (MUFG) have signed a strategic partnership agreement to advance bilateral financial collaboration. The alliance aims to strengthen the India-Japan economic…
DPIIT and Digital India BHASHINI Division (DIBD) sign MoU to expand multilingual access in investment ecosystem
Key Updates:
- The Department for Promotion of Industry and Internal Trade (DPIIT) and the Digital India BHASHINI Division (DIBD) have signed an MoU to strengthen multilingual digital access across India's investment and business ecosystem.
- The partnership aims to provide access to government information, startup services, policy communication and citizen-centric services in all 22 languages listed in the Eighth Schedule of the Constitution through the BHASHINI platform.
- The collaboration will enable multilingual access across DPIIT’s digital platforms through initiatives such as BHASHINI Udyat, Mitra, Appmitra and Pravakta.
- The initiative will support translation APIs, voice-enabled technologies, multilingual glossaries, domain-specific language models and language datasets.
- The agreement was signed under the 'BHASHINI Seva/Sanchalan – A BHASHINI Sahayogi Program' which seeks to promote multilingual governance and service delivery through India’s National Language Digital Public Infrastructure.
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BHASHINI Rajyam – A BHASHINI Sahayogi Program to boost Multilingual Digital Healthcare Services (Mid of May)
The Ministry of Ayush (Ayush) signed a Memorandum of Understanding (MoU) with the Digital India BHASHINI Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY) to enhance multilingual access…
British Council and SPARK – The 100K Collective sign Memorandum of Understanding (MoU) to support women entrepreneurs (Mid of March)
The British Council and SPARK – The 100K Collective signed a Memorandum of Understanding (MoU) in New Delhi on 17 March 2026. The partnership aims to strengthen the support ecosystem for women-led enterprises in India by…
BHASHINI–PFRDA MoU integrates multilingual AI and voice technologies into India’s pension ecosystem (End of March)
Digital India BHASHINI Division (DIBD) and Pension Fund Regulatory and Development Authority (PFRDA) signed a strategic MoU under the initiative 'BHASHINI for Seva / Sanchalan – A BHASHINI Sahayogi Program'. The…
The All India Council for Technical Education (AICTE) launched the third edition of the AICTE-VAANI (Vibrant Advocacy for Advancement and Nurturing of Indian Languages) scheme. The scheme provides an annual financial…
Mahindra & Mahindra (M&M) and Manulife incorporate Mahindra Manulife Insurance Limited (MMIL)
Key Updates:
- Mahindra & Mahindra (M&M) and Canada-based Manulife have incorporated a life insurance joint venture named Mahindra Manulife Insurance Limited (MMIL) following approval from the Ministry of Corporate Affairs (MCA).
- The venture is a 50:50 joint venture with both partners committing up to ₹3,600 crore each.
- An initial investment of ₹1,250 crore is planned over the first five years, with annual contributions of approximately ₹250 crore.
- The business will be housed directly under M&M and will be supported by one-third of the dividend income received from Mahindra Finance.
- MMIL aims to be a digitally led, AI-native insurer and expects to achieve break-even around its tenth year of operations.
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India to release Request for Proposal for Advanced Medium Combat Aircraft manufacturing (End of May)
The government will release a formal Request for Proposal (RFP) by next month to three private sector-driven industrial groups for the manufacturing of the Advanced Medium Combat Aircraft (AMCA). The Cabinet Committee on…
Securities and Exchange Board of India (Sebi) approves Wealth First Portfolio Managers to launch mutual fund business. (End of March)
Wealth First Portfolio Managers received Sebi approval to start mutual fund operations. Lakshya Asset Management Company, sponsored by Wealth First Portfolio Managers, will be India’s first AMC headquartered in…
The Ministry of Corporate Affairs (MCA) is piloting the Prime Minister Internship Scheme (PMIS). Eligibility for the PMIS pilot phase has been expanded to include final-year students in graduate and postgraduate…
Maritime India Foundation signs MoUs with IITs and IMU to establish Maritime Innovation Hubs (Start of May)
The Maritime India Foundation, acting as the implementing agency for the Sagarmala Startup Innovation Initiative under the Ministry of Ports, Shipping and Waterways (MoPSW), signed Memoranda of Understanding (MoUs) to…
Prime Minister Research Chair (PMRC) Scheme 2026 to Attract Global Indian Talent
Key Updates:
- The Department of Higher Education under the Ministry of Education (MoE) launched the Prime Minister Research Chair (PMRC) Scheme 2026 to bring accomplished Indian-origin researchers, scientists, technologists, and professionals into India's research and innovation ecosystem.
- The PMRC focuses on 13 priority sectors: artificial intelligence, quantum computing, semiconductors, energy and climate change, cybersecurity, healthcare and medical technology, biotechnology, advanced materials, space and defence, next-generation communications, manufacturing, agriculture and food technologies, blue economy, and atomic energy.
- The initiative is structured around three pillars—Lead Institutions, Host Institutions, and PMRC Fellows—with selection overseen by an Empowered Committee chaired by the Principal Scientific Advisor to the Government of India.
- The programme offers three categories of engagement—Young Research Fellows, Senior Research Fellows, and Research Chairs—for eligible Indian nationals working abroad, Overseas Citizen of India (OCI) cardholders, and Persons of Indian Origin.
- Eligible host institutions include government higher educational institutions ranked among the top 100 in National Institutional Ranking Framework (NIRF) Overall or Engineering categories, top 50 in the NIRF Research category, and laboratories under the Department of Science and Technology (DST), Department of Biotechnology (DBT), Indian Council of Medical Research (ICMR), and Council of Scientific and Industrial Research (CSIR).
- Seven premier institutions are designated as Lead Institutions: Indian Institute of Technology (IIT) Delhi, IIT Bombay, IIT Madras, IIT Kanpur, IIT Hyderabad, IIT (ISM) Dhanbad, and the Indian Institute of Science (IISc) Bengaluru.
- Applications for both fellows and host institutions opened on June 1 through the dedicated PMRC portal.
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United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) projects India's economy to grow at 6.4% in 2026 (End of April)
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) projected India's economic growth at 6.4% for 2026 and 6.6% for 2027 in its Economic and Social Survey of Asia and the Pacific 2026…
Council of Scientific and Industrial Research-National Institute of Science Communication and Policy Research (CSIR-NIScPR) signed a Memorandum of Understanding (MoU) with Research and Information System for the…
The Office of the Principal Scientific Adviser (PSA) to the Government of India signed a Memorandum of Understanding (MoU) with the Federation of Indian Chambers of Commerce and Industry (FICCI) to bolster the national…
Research Advisory Board (RAB) of Biotechnology Research and Innovation Council (BRIC) holds first meeting (End of March)
The first meeting of the Research Advisory Board (RAB) of the Biotechnology Research and Innovation Council (BRIC) took place to deliberate on national initiatives and governance reforms. The reforms are designed to…
Mission Senehjori: Transforming Assam's Muga Silk into a Global Luxury Brand
Key Updates:
- Union Minister for Development of North Eastern Region (DoNER), Jyotiraditya Scindia, launched Mission Senehjori in collaboration with the Government of Assam, Central Silk Board (CSB), and the Ministry of Textiles.
- The mission aims to transform Assam's Muga silk, which is India's first GI-tagged silk and accounts for approximately 90 per cent of global production, into a globally competitive luxury textile ecosystem.
- The initiative will adopt a cluster-based approach across the districts of Jorhat, Sivasagar, Lakhimpur, Dhemaji, Dibrugarh, Tinsukia, Majuli, and Sualkuchi.
- The estimated investment for the mission is ₹396-411 crore over three years, including ₹136-151 crore from DoNER.
- The project targets the establishment of five modernised Muga reeling units, one Muga Spun Mill, 30 Farmer Producer Organisations (FPOs), over 1,180 Farmer Interest Groups, regeneration of 5,000 hectares of host plants, and digital connection of more than 8,000 households.
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'Revival of Languishing Products (Cotton Bomkai Saree)' to preserve heritage craft in Odisha (End of May)
The Government of Odisha approved the 'Revival of Languishing Products (Cotton Bomkai Saree)' project in the last financial year. The initiative is led by the Handlooms, Textiles and Handicrafts Department to safeguard…
Prime Minister Narendra Modi presented a traditional Gond painting from Madhya Pradesh to Victoria, Crown Princess of Sweden. Italian Prime Minister Giorgia Meloni received a Muga Silk stole from Assam, which possesses a…
Vishwa Sutra launched to promote Indian handlooms globally (End of April)
The Ministry of Textiles (MoT) launched the ‘Vishwa Sutra – Weaves of India for the World’ initiative to promote Indian handlooms globally. The initiative was developed by the Office of the Development Commissioner…
Textile Ministry Survey unveils domestic textiles market size at Rs 14.95 lakh crore in 2024 (Start of April)
Textiles market size grew from Rs 4.89 lakh crore in 2010 to Rs 14.95 lakh crore in 2024 at 8.3% CAGR. Man-made fibre (MMF) and blended products account for 52.2% of the product basket.
Ministry of Home Affairs (MHA) Three-Year Anti-Narcotics Action Plan for Drug-Free India by 2047
Key Updates:
- The Ministry of Home Affairs (MHA) is developing a three-year anti-drug action plan to achieve the national goal of a drug-free India by 2047.
- The Narcotics Control Bureau (NCB) has identified nearly 150 key overseas players pumping narcotics into India and will prioritise deportation over extradition for these fugitives.
- The plan proposes the establishment of nearly 300 special Narcotic Drugs and Psychotropic Substances (NDPS) courts based on the workload trend of drug-related cases.
- By December 2026, every State Intelligence Bureau (SIB) will establish a separate vertical to track the drug mafia, marking a first in the history of the Intelligence Bureau (IB).
- Each Anti Narcotics Task Force (ANTF) will prepare dossiers on the top 15 drug lords in their State or Union Territory by the end of 2026, aiming to apprehend them by December 2029.
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India achieved its first-ever seizure of Captagon, a banned synthetic stimulant known as the Jihadi Drug, under Operation Ragepill. The value of the Captagon seizure is ₹182 crore.
Nasha Mukt Vidyalaya: Ministry of Education (MoE) 3-Year Action Plan (2026–2029) for Drug-Free School Zones (End of March)
Department of School Education and Literacy, Ministry of Education (MoE), released a three-year action plan (2026–2029) for the Nasha Mukt Vidyalaya initiative under Nasha Mukt Bharat Abhiyan (NMBA). A 500-meter…
The Directorate of Revenue Intelligence (DRI) seized 237 kg of Alprazolam valued at ₹47 crore from a facility in Kondapalli Industrial Development Area, NTR district, Andhra Pradesh. The raid, code-named 'Operation White…
Narcotics Control Bureau (NCB) dismantles darknet drug syndicate Team Kalki using cryptocurrency (Start of March)
The Narcotics Control Bureau (NCB) dismantled a nationwide darknet-based drug trafficking network operating under the name Team Kalki. The syndicate utilized the dark web forum Dread and the encrypted messaging…
MAHA Water Mission: ₹200-Crore Outlay for Water Sector Innovation
Key Updates:
- The Government of India launched the Anusandhan National Research Foundation (ANRF)–Ministry of Jal Shakti MAHA Water Mission with a projected outlay of ₹200 crore over five years.
- The mission is jointly funded by ANRF and the Ministry of Jal Shakti to accelerate innovation, research, and entrepreneurship in the water sector.
- Multidisciplinary consortia involving universities, national laboratories, startups, and Micro, Small and Medium Enterprises (MSMEs) can receive funding up to ₹20 crore for technology development, field testing, and deployment.
- The mission focuses on five priority areas: Water Resource Assessment and Sustainable Management, Drinking Water, Water Quality and Ecological Health, Water Use Efficiency and Circular Economy, and Climate Resilience and Adaptation.
- A Memorandum of Understanding (MoU) was signed between the Department of Water Resources and the Department of Space/Indian Space Research Organisation (ISRO) to enhance the use of satellite technologies and geospatial tools for water resource mapping and groundwater assessment.
- The government launched the Jal Sanchay Jan Bhagidari Citizen Tracking and Reporting (JSJB-CTR) Portal and mobile application to strengthen public participation in water conservation efforts.
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The Ministry of Jal Shakti and the Indian Space Research Organisation (ISRO) signed a memorandum of understanding (MoU) to strengthen the use of satellite technology and space-based applications for water resource…
Nashik Municipal Corporation (NMC) lists ₹200 crore green bonds on NSE and BSE with 5.24x oversubscription (Mid of March)
The Nashik Municipal Corporation (NMC) listed its green bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Monday, receiving an oversubscription of 5.24 times. The NMC aims to raise ₹200 crore…
Union Minister of Jal Shakti, Shri C. R. Paatil, launched the Jal Mahotsav 2026, organised by the Department of Drinking Water and Sanitation (DDWS), from Rahej village in the Navsari district of Gujarat. Minister of…
The World Bank launched the "Water Forward" programme to improve secure water access for one billion people within the next four years. The programme aims to expand reliable water services and strengthen systems against…
Khet Bachao Abhiyan to reduce excessive fertiliser use
Key Updates:
- Union Agriculture Minister Shivraj Singh Chouhan will launch the Khet Bachao Abhiyan nationwide from June 1 to June 30.
- The month-long campaign will begin from Ramsiya village in Raisen, Madhya Pradesh.
- The drive aims to reduce excessive fertiliser use and promote balanced fertiliser use, soil health management, and alternatives such as nano-urea and organic inputs.
- The initiative follows a review of fuel and fertiliser stocks by the Informal Group of Ministers on West Asia, chaired by Defence Minister Rajnath Singh.
- India imports nearly 70% of urea and 100% of potash, primarily from Saudi Arabia, Oman, United Arab Emirates (UAE), Jordan, and Iran.
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Book 'Apnapan' to be released on May 26 (Mid of May)
Union Minister Shivraj Singh Chouhan announced the release of his new book titled Apnapan. The book chronicles the 35-year-long association and experiences of Shivraj Singh Chouhan with Prime Minister Narendra Modi.
Prime Minister Narendra Modi inaugurated Karmayogi Sadhana Week 2026 on 2 April 2026. The initiative promotes the mantra 'Nagrik Devo Bhav' for citizen-centric governance.
Hindustan Unilever Limited (HUL) inaugurates Unilever Fragrance Hub at IIT Bombay
Key Updates:
- Hindustan Unilever Limited (HUL) has inaugurated the Unilever Fragrance Hub at the Indian Institute of Technology Bombay (IIT Bombay) campus in Mumbai.
- The facility is the third global hub established under a €100 million programme aimed at advancing in-house, digitally enabled fragrance creation capabilities.
- The research and development centre integrates Artificial Intelligence (AI), advanced science, and consumer insights to accelerate innovation and support product premiumisation.
- The lab features proprietary creation software, real-time evaluation data capture, and advanced compounding technologies to design and refine fragrances end-to-end.
- The hub will focus on fragrance innovation for various categories, including shampoos, body washes, deodorants, and laundry detergents, to serve the Indian and global markets.
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The Ayush Export Promotion Council (AYUSHEXCIL) and the Spices Board of India signed a Memorandum of Understanding (MoU) in New Delhi to integrate India's wellness traditions with modern global markets. The MoU was…
Vishwa Sutra launched to promote Indian handlooms globally (End of April)
The Ministry of Textiles (MoT) launched the ‘Vishwa Sutra – Weaves of India for the World’ initiative to promote Indian handlooms globally. The initiative was developed by the Office of the Development Commissioner…
Vishwa Sutra launched to promote Indian handlooms globally (End of April)
The Ministry of Textiles launched the ‘Vishwa Sutra – Weaves of India for the World’ initiative. The initiative was developed by the Office of the Development Commissioner Handlooms in collaboration with the National…
Union Minister J P Nadda allocates ₹13,000 crore for Bio-Pharma SHAKTI Mission and three Chemical Parks. (Start of March)
Union Minister of Chemicals and Fertilisers Shri J P Nadda announced a Budgetary provision of ₹13,000 crore for the Bio-Pharma SHAKTI Mission and three dedicated Chemical Parks. ₹10,000 crore of the allocation is…
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India's women's wrestling team wins 10 medals at U17 Asian Wrestling Championships 2026
Key Updates:
- India's women's wrestling team won a total of 10 medals, comprising two gold, three silver, and five bronze, at the U17 Asian Wrestling Championships 2026 in Da Nang, Vietnam.
- Gold medals were won by Diksha in the 43kg category and Garima in the 73kg division.
- Silver medals were secured by Nikita in the 49kg category, Antra in the 65kg category, and Taniya in the 69kg category.
- Bronze medals were won by Palak (40kg), Anamika (46kg), Akshra (53kg), Sakshi (57kg), and Manya (61kg).
- The bronze medalists defeated opponents Aruuke Nurbekovna Nurbekova (Palak), Inzhu Bakkozha (Anamika), Ema Arakawa (Akshra), Shiying Wang (Sakshi), and Aigerim Polatbay (Manya).
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India concluded the Asian Boxing U15 Championships 2026 in Tashkent with a total of 27 medals, comprising 9 gold, 6 silver, and 12 bronze. The Indian U-15 girls team topped their medal standings by securing 7 gold, 2…
India finished the Asian Weightlifting Championships 2026 with a tally of 10 medals, including one silver and nine bronze medals. The championships were held in Gandhinagar, Gujarat, marking only the second time India…
India wins 17 medals at Asian Wrestling Championships (Mid of April)
India concluded its campaign at the Asian Wrestling Championships in Bishkek, Kyrgyzstan, with a total of 17 medals. The final medal tally for India consisted of two gold, seven silver, and eight bronze medals.
Meenakshi Goyat added a third silver to India’s tally in the women’s 53kg category at the Senior Asian Wrestling Championships. Meenakshi lost 0-10 against China’s Jin Zhang in the 53-kg final, an Olympic Games weight…
World Bicycle Day 2026 observed globally on June 3
Key Updates:
- World Bicycle Day 2026 is observed globally on Wednesday, June 3, 2026.
- The theme for World Bicycle Day 2026 is 'Cycling for a Greener Future'.
- World Bicycle Day was established by the United Nations (UN) General Assembly through resolution A/RES/72/272 on April 12, 2018.
- The first World Bicycle Day was observed on June 3, 2018 at UN Headquarters in New York.
- World Bicycle Day was founded by Professor Leszek Sibilski through a 2015 student campaign at Montgomery College.
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World Red Cross and Red Crescent Day 2026 observed on May 8 (Start of May)
World Red Cross and Red Crescent Day 2026 is observed on Friday, May 8, 2026, commemorating the birth anniversary of Henry Dunant, founder of the International Committee of the Red Cross (ICRC). The theme for World Red…
Ahmedabad to host first-ever Cycling League of India (Start of March)
The first-ever franchise-based Cycling League of India will be held in Ahmedabad during the second week of November. The league will feature eight franchises, with each team comprising 10 cyclists, including two…
Commonwealth Games Day observed on May 24 with theme "A New Icon for a Fitter India - Pedalling to 2030" (End of May)
Commonwealth Games (CWG) Day will be celebrated nationwide on May 24, 2026, at more than 8,000 locations through Fit India Sundays on Cycle. The 75th edition of Fit India Sundays on Cycle will be organised in Ahmedabad…
International Day of Sport for Development and Peace observed on April 6 with 2026 theme 'Sport: Building Bridges, Breaking Barriers' (Start of April)
International Day of Sport for Development and Peace (IDSDP) is observed annually on April 6. The 2026 theme is 'Sport: Building Bridges, Breaking Barriers'.
Deendayal Port Authority (DPA) Kandla wins Sagar Aankalan Award on June 1, 2026
Key Updates:
- Deendayal Port Authority (DPA), Kandla was honoured with the Sagar Aankalan Award for the financial year 2024–25.
- The award was granted under the category Handling of Container Cargo – Less than 0.5 Million TEUs.
- The award was presented by Sarbananda Sonowal, Union Minister for Ports, Shipping & Waterways, during a ceremony in Mumbai.
- Nilabhra Dasgupta, Deputy Chairman of DPA, received the award on behalf of the organisation.
- The Sagar Aankalan Awards serve as a benchmark for performance evaluation among major ports to encourage innovation and efficiency.
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Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal announced the 'Maritime Reform Utsav' to commemorate 12 years of reforms and growth in the maritime sector. The MoPSW will develop an integrated…
Sahitya Akademi Awards 2025 announced on 16 March (Mid of March)
Sahitya Akademi announced its 2025 awards on 16 March 2026 for 24 Indian languages. The award ceremony will be held in New Delhi on 31 March 2026.
World Milk Day observed on June 1 with theme Celebrating Women Farmers
Key Updates:
- World Milk Day is observed globally every year on June 1 to recognize the importance of milk as a nutritious food and celebrate the contributions of the dairy sector.
- The theme for World Milk Day 2026 is Celebrating Women Farmers.
- India has been the world's largest milk producer since 1998 and contributes approximately 25% of global milk production with an annual production of 247 million tonnes.
- India's dairy sector contributes around 5% to the national Gross Domestic Product (GDP) and has a per capita milk availability of 485 grams per day.
- Gujarat is the fourth-largest milk producer in India, contributing 7.78% of the total national production with a per capita milk availability of 730 grams per day.
- Gujarat's livestock health and genetic improvement initiatives include affordable sex-sorted semen programmes, artificial insemination services, in-vitro fertilization (IVF) support for livestock, breed improvement programmes, and veterinary infrastructure strengthening.
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Mother Dairy, a wholly-owned subsidiary of the National Dairy Development Board (NDDB), unveiled India's first naturally degradable milk pouch. The rollout is scheduled to commence on June 5 in the Delhi-NCR region to…
The Yashoda programme has operated under the Norway-India Partnership Initiative since 2008, focusing on immediate and exclusive breastfeeding for maternal and neonatal care. Jeevan Dhara, Rajasthan's first state-run…
World Veterinary Day observed on April 25, 2026 with theme Veterinarians: Guardians of Food and Health (End of April)
World Veterinary Day 2026 was observed on April 25, 2026. The theme for the event was Veterinarians: Guardians of Food and Health.
World Hunger Day observed on May 28 (End of May)
World Hunger Day is observed globally on May 28. The 2026 Global Report on Food Crises found 35.5 million children aged 6–59 months were acutely malnourished across 23 countries and territories.
International Sex Workers Day observed annually on June 2
Key Updates:
- International Sex Workers Day, also known as International Whores' Day, is observed annually on June 2.
- The day aims to raise awareness of the often exploited working conditions of sex workers.
- The origins of the day trace back to a protest in Lyon, France, on June 2, 1975, when sex workers occupied the Church of Saint-Nizier after two sex workers were murdered.
- The first International Sex Workers Day was celebrated on June 2, 1976, to commemorate the first anniversary of the strike.
- Two other related observances are International Day to End Violence Against Sex Workers (December 17) and International Sex Workers' Rights Day (March 3).
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The International Day Against Homophobia, Transphobia and Biphobia is observed globally on 17 May. The theme for the year 2026 is At the heart of democracy.
International Day of Action for Women's Health is observed annually on May 28. The theme for 2024 is Empowering Women's Health: Rights, Equality, Awareness.
International Labour Day observed on May 1 with theme Ensuring a Healthy Psychosocial Working Environment (Start of May)
International Labour Day, also known as May Day or Antrarashtriya Shramik Diwas in India, is observed annually on May 1. The theme for International Labour Day 2026, selected by the International Labour Organisation…
World Day of Fight Against Sexual Exploitation observed on March 4 (Start of March)
World Day of Fight Against Sexual Exploitation has been observed every March 4 since 2009. It was created to raise awareness of a global issue that disproportionately affects women and children.
Elon Musk tops Forbes Billionaires List in June 2026
Key Updates:
- Elon Musk retained his position as the world's richest person with a total net worth of $835 billion, adding $53 billion to his fortune in May 2026.
- Larry Ellison, the co-founder of Oracle, recorded the highest monthly wealth increase of $71 billion, bringing his total net worth to $276 billion.
- Michael Dell, the founder of Dell Technologies, was the second-largest gainer with an increase of $67 billion, ranking 6th on the global list.
- Mark Zuckerberg remains the youngest individual among the top 10 richest people at age 41, holding the 7th position with a net worth of $217 billion.
- Bernard Arnault of LVMH is the highest-ranked non-American billionaire on the list, securing the 9th spot with a net worth of $148 billion.
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Gautam Adani emerged as the wealthiest individual in Asia according to the latest data from the Bloomberg Billionaires Index. Gautam Adani secured the 19th position in the global wealth rankings with a net worth of $92.6…
Knight Frank ranks India as the sixth-largest country globally by ultra-high net worth individual (UHNWI) population. India is home to 19,877 UHNWIs with net worth exceeding $30 million in 2026, accounting for 2.8% of…
Bloomberg Billionaires Index (BBI) 2026 ranks Gautam Adani as Asia's richest individual (Mid of April)
Gautam Adani, Founder-Chairman of Adani Group, reclaimed the title of Asia’s richest person with a net worth of $92.6 billion, ranking 19th globally. Mukesh Ambani, head of Reliance Industries, ranked 20th globally with…
TIME Magazine released its TIME100 Most Influential People list for 2026 on April 16, 2026. The list includes three individuals of Indian origin: Sundar Pichai, Ranbir Kapoor and Vikas Khanna.
Idris Elba Awarded Knighthood by King Charles III
Key Updates:
- Actor, producer, and activist Idris Elba was awarded a knighthood by King Charles III during an investiture ceremony at Windsor Castle.
- The honour was bestowed in recognition of his services to young people and his years of work creating opportunities for underserved communities.
- He launched the Elba Hope Foundation in 2022 with Sabrina Elba to support diaspora communities and address youth unemployment, educational inequality, and food insecurity.
- Actor and author Meera Syal was also honoured during the same ceremony with a damehood.
- Figure skating legends Jayne Torvill and Christopher Dean were also recognised for their contributions during the Windsor Castle ceremony.
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India: Actor Ishaan Khatter conferred honorary membership of 45 Cavalry of the Indian Armoured Corps (Mid of May)
Actor Ishaan Khatter was conferred with an honorary membership of the 45 Cavalry of the Indian Armoured Corps. The honour was awarded for his portrayal of a 45 Cavalry officer in the film Pippa and his respect for the…
N Chandrasekaran conferred honorary knighthood by UK (End of March)
N Chandrasekaran, Chairman of Tata Group, was awarded the honorary knighthood of Knight Commander of the Most Excellent Order of the British Empire (KBE) by the British government. The honour was conferred at a ceremony…
Prime Minister Narendra Modi was conferred with the Grand Cross of the Royal Norwegian Order of Merit by King Harald V in Oslo. The award is Norway's highest honour for foreign Heads of Government and is the 32nd…
Apaar Saxena earns International Master title (Start of May)
Apaar Saxena from Karnataka has achieved the International Master (IM) title. The IM title is awarded by the Fédération Internationale des Échecs (FIDE).
Ajay Rajan Appointed Managing Director & Chief Executive Officer of Protean eGov Technologies
Key Updates:
- 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 Additional Director (Executive) and designated him as MD & CEO in the category of Key Managerial Personnel on May 20, 2026.
- Rajan previously served in the senior management team at YES Bank for over eight years, leading transaction banking, digital banking product units, and government, multinational, and new economy businesses.
- At YES Bank, he oversaw the International Financial Services Centre (IFSC) unit at GIFT City and managed business units for food and agri, electric vehicles, and urban infrastructure.
- Prior to YES Bank, Rajan spent nearly 21.5 years at Deutsche Bank, where he served as the Global Head of Fintech.
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Biocon founder and chairperson Kiran Mazumdar-Shaw named her 37-year-old niece Claire Mazumdar as her successor for the biotechnology company. Claire Mazumdar is the founder and Chief Executive Officer (CEO) of Bicara…
Lt Gen NS Raja Subramani appointed Chief of Defence Staff (Start of June)
Lieutenant General NS Raja Subramani (Retd) was appointed as the next Chief of Defence Staff (CDS) and Secretary to the Government of India, Department of Military Affairs. He will assume charge after the present CDS…
Vice Admiral Ajay Kochhar assumed charge as the 48th Vice Chief of the Naval Staff (VCNS) of the Indian Navy. He was commissioned into the Indian Navy on July 1, 1988, and is a specialist in Gunnery and Missile Systems.
Santhosh Viswanathan appointed Vice-President and Managing Director for Asia Pacific and Japan at Intel. (Start of April)
Santhosh Viswanathan previously served as Vice-President and Managing Director of Intel India. He will now oversee business operations, brand, and customer engagements across the Asia Pacific and Japan region.
DK Shivakumar Sworn In As Chief Minister Of Karnataka
Key Updates:
- DK Shivakumar took oath as the Chief Minister of Karnataka on 3 June 2026, with the oath administered by Governor Thawar Chand Gehlot at Lok Bhavan in Bengaluru.
- Dr G Parameshwara was sworn in as the sole Deputy Chief Minister of the Karnataka government.
- The Congress party appointed BK Hariprasad as the new Karnataka Pradesh Congress Committee (KPCC) president.
- Outgoing Chief Minister Siddaramaiah was appointed as a member of the Congress Working Committee (CWC) with immediate effect.
- The ministers sworn in alongside the Chief Minister include Dr Yathindra Siddaramaiah, Eshwar Khandre, UT Khader, Ramalinga Reddy, Satish Jarkiholi, Krishna Byre Gowda, Priyank Kharge Gowda, KH Muniyappa, MB Patil, KJ George, and Sharan Prakash Patil.
- Dr Yathindra Siddaramaiah is the only Member of the Legislative Council (MLC) inducted into the cabinet.
- Minister Eshwar Khandre serves as the president of the All India Veerashaiva Mahasabha.
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Venkataramanappa Passes Away as Former Karnataka Minister (Start of June)
Venkataramanappa, a veteran leader of the Indian National Congress (INC), passed away at the age of 80 in Bengaluru. He died following a heart attack at a private hospital on Friday morning.
Karnataka Chief Minister (CM) Siddaramaiah is expected to submit his resignation to Governor Thaawarchand Gehlot following directions from the Indian National Congress (INC) leadership. Deputy CM D.K. Shivakumar, an…
C. Joseph Vijay, chief of Tamilaga Vettri Kazhagam (TVK), took oath as the Chief Minister of Tamil Nadu at Nehru Stadium in Chennai. TVK emerged as the single largest party in the 2026 Assembly election with 108 seats in…
The Department of General Administration issued orders on May 20, 2026, appointing N.S.K. Umesh as the Additional Secretary and Officer on Special Duty (OSD) to the Chief Minister of Kerala. N.S.K. Umesh is an Indian…
Lokhande Prashant Sitaram Appointed Chairperson of Central Board of Secondary Education (CBSE)
Key Updates:
- Lokhande Prashant Sitaram, a 2001-batch AGMUT cadre IAS officer, was appointed as the Chairperson of the Central Board of Secondary Education (CBSE).
- He replaces Rahul Singh, a 1996-batch Bihar cadre IAS officer, who has been transferred as Additional Secretary in the Department of Agriculture and Farmers Welfare.
- Varun Bhardwaj, a 2008-batch Indian Information Service officer, was appointed as the Secretary of CBSE.
- Bhardwaj succeeds Himanshu Gupta, an AGMUT cadre IAS officer of the 2012 batch.
- Varun Bhardwaj will serve in the position of Secretary of CBSE until September 19, 2027.
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The Securities and Exchange Board of India (SEBI) approved the appointment of Saurabh Shukla as Executive Director (ED) for Critical Operations and Gopalan S. Raghavan as ED for Regulatory, Compliance, Risk Management…
Sunil Bajpai assumed charge as Principal Chief Commissioner of Income Tax, Tamil Nadu & Puducherry. (Mid of April)
Sunil Bajpai belongs to the 1990 batch of IRS. He holds a B.Tech in Civil Engineering from IIT Kanpur and an M.Tech in Structural Engineering from IIT Delhi.
Prasoon Joshi Appointed Chairman of Prasar Bharati (Start of May)
The Ministry of Information and Broadcasting announced the appointment of lyricist and writer Prasoon Joshi as the Chairman of the Prasar Bharati Board on 3 May 2026. Prasoon Joshi has served as the Chairperson of the…
Lok Sabha Speaker Om Birla reconstituted four parliamentary committees for the 2026-27 financial year. The committees were officially reconstituted on May 1, 2026, and will serve till April 30, 2027.
Meenakshi Madan Rai recommended as Chief Justice of Patna High Court
Key Updates:
- The Supreme Court (SC) collegium recommended the appointment of Justice Meenakshi Madan Rai, a judge of the Sikkim High Court, as the Chief Justice of the Patna High Court.
- The recommendation was made during a meeting on May 22, following the scheduled retirement of the incumbent Chief Justice on June 4, 2026.
- Justice Meenakshi Madan Rai became the first woman from Sikkim to be elevated as a Judge of the High Court on April 15, 2015.
- She has served as the Acting Chief Justice of the Sikkim High Court on multiple occasions, including in 2018, 2019, 2021, and 2025.
- She earned her LLB degree from the Campus Law Centre of University of Delhi in 1989.
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Five Persons Recommended as Supreme Court Judges (End of May)
The Supreme Court (SC) Collegium recommended the elevation of Justice Sheel Nagu, Justice Shree Chandrashekhar, Justice Sanjeev Sachdeva, Justice Arun Palli, and Senior Advocate V Mohana as judges of the SC. The…
President Draupadi Murmu approves increase in Supreme Court judge strength from 34 to 38 (Mid of May)
President Draupadi Murmu approved the Union Cabinet's decision to increase the strength of the Supreme Court of India (SC) from 34 to 38 judges, including the Chief Justice of India (CJI). The increase was effected by…
The President of India appointed Justice Sushrut Arvind Dharmadhikari as the Chief Justice of the Madras High Court following the recommendation of the Supreme Court (SC) Collegium. The SC Collegium, headed by Chief…
Pravindra Singh Chauhan and nine advocates elevated as judges of Punjab and Haryana High Court (Start of May)
The Supreme Court (SC) Collegium approved the elevation of 10 advocates as judges of the Punjab and Haryana High Court on May 4. The elevated advocates are Pravindra Singh Chauhan, Harmeet Singh Deol, Rajesh Gaur…
Marcia Lucas Dies Oscar-winning Film Editor
Key Updates:
- Marcia Lucas died at the age of 80 from metastatic cancer at her home in Rancho Mirage, California.
- She won the Academy Award for Best Film Editing for the 1977 film Star Wars, later renamed A New Hope, alongside Richard Chew and Paul Hirsch.
- She contributed to the Star Wars franchise through her work on The Empire Strikes Back in 1980 and Return of the Jedi in 1983.
- She collaborated with director Martin Scorsese on films including Alice Doesn't Live Here Anymore, Taxi Driver, and New York, New York.
- She began her career as a film librarian and received an Oscar nomination for the film American Graffiti.
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Best Picture winner: 'One Battle After Another'. Best Director winner: Paul Thomas Anderson for 'One Battle After Another'.
98th Academy Awards (Oscars) ceremony on March 15, 2026 (Mid of March)
The 98th Academy Awards will be held on Sunday, March 15, 2026, at the Dolby Theatre in Los Angeles. Conan O'Brien will host the Oscars ceremony for the second consecutive year.
E.A. Rajendran passes away at 71. (End of March)
E.A. Rajendran, veteran Malayalam actor-director, died at age 71 at his residence in Pattathanam, Kollam. He was a graduate of the National School of Drama and appeared in around sixty Malayalam films.
Venezuela Acting President Delcy Rodriguez visits India from June 3 to 7, 2026
Key Updates:
- Acting President of Venezuela, Delcy Rodriguez, is on a working visit to India from June 3 to 7, 2026, to hold bilateral discussions with Prime Minister Narendra Modi.
- Rodriguez was appointed Acting President following the capture of President Nicolas Maduro by United States (US) forces on January 3.
- The visit was originally scheduled for June 1 to participate in the International Big Cats Alliance summit, which was deferred.
- Rodriguez is accompanied by ministers of foreign affairs, economy and finance, science and technology, communication and information, and transportation.
- Bilateral discussions will explore cooperation in energy, trade, investment, pharmaceuticals, healthcare, transportation, and renewable energy.
- In 2019-20, bilateral trade between India and Venezuela was $6.40 billion, with Indian imports, primarily crude oil, worth $6.06 billion.
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Venezuela and United States officials to visit India for energy and Quad talks starting 23 May 2026 (End of May)
Venezuela's Interim President Delcy Rodriguez is scheduled to visit India to discuss bilateral ties, although the Ministry of External Affairs (MEA) has not yet announced the visit. United States (US) Secretary of State…
Venezuela is releasing 300 prisoners between May 19 and May 22, 2026, under an amnesty law aimed at freeing political detainees. The amnesty law was adopted in February as part of reforms by interim leader Delcy…
Vietnamese President To Lam to visit India from May 5-7 (Start of May)
Vietnamese President To Lam will undertake a State visit to India from May 5 to 7 at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced. President To Lam, who also serves as…
Vietnam President To Lam arrived in India on 5 May 2026 on his first state visit since assuming office earlier that month. He was received at the airport by Union Minister Nityanand Rai and accorded a warm welcome.