The Insurance Regulatory and Development Authority of India (IRDAI) has set up a working group on Artificial Intelligence (AI) to guide the insurance sector on adoption, governance, and oversight while safeguarding…
Insurance Regulatory and Development Authority of India (IRDAI) investigates 'dark patterns' in insurance quotes
Key Updates:
- The Insurance Regulatory and Development Authority of India (IRDAI) has initiated a nine-month investigation into the use of 'dark patterns' by insurers to gather personal information for quotes.
- The IRDAI has commissioned the Institute of Public Policy to conduct a study and monitor entities deploying these practices over a nine-month period.
- Chairman Ajay Seth stated that insurance penetration should be measured by the number of people covered rather than premium as a share of GDP.
- The IRDAI emphasised the need for the industry to focus on covering the missing middle, defined as a segment that is neither poor nor wealthy.
- The IRDAI stated that the listing of insurance companies should be driven by promoters' capital requirements rather than transparency.
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The IRDAI has granted regulatory approval to the conversational fintech application jUMPP to commence insurance product distribution. The company secured Corporate Agency and Insurance Self Network Platform (ISNP)…
Insurance Regulatory and Development Authority of India (IRDAI) has constituted a sub-committee under its Insurance Advisory Committee to undertake a comprehensive review of India’s private health insurance ecosystem.…
SBI Life Insurance (SBI Life) signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Bombay (IIT Bombay) to establish Bharat's AI & Cyber Innovation Hub for Insurance (Bharat Innovation Hub).…
Ministry of Coal allows insurance surety bonds for coal block allocatees
Key Updates:
- The Ministry of Coal has permitted successful coal block allocatees to use insurance surety bonds (ISB) instead of performance bank guarantees (PBG).
- This change was notified under the Coal Blocks Allocation Amendment Rules, 2026.
- The provision applies to coal block allocatees under the Mines and Minerals Development and Regulation Act, 1957 (MMDR Act).
- Existing operators who have already submitted bank guarantees are allowed to replace them with ISB to free up capital for mine development.
- The Ministry of Coal plans to extend this facility to coal blocks allocated under the Coal Mines Special Provisions Act, 2015.
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The Union Cabinet approved the Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a total financial outlay of ₹46,000 crore. The Ministry of Coal (MoC) initiative aims to convert domestic coal into…
The Ministry of Coal (MoC) is providing ₹1,350 crore support under its coal gasification incentive scheme for the Lakhanpur coal-to-ammonium nitrate project. The government has approved coal gasification incentive…
The Union Ministry of Coal and Mines (MoCM) is prioritising surface and underground coal gasification to reduce import dependence and target investments of ₹4 lakh crore. The initiative aims to save approximately ₹3 lakh…
The Union Cabinet approved the Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a total financial outlay of ₹37,500 crore. The scheme aims to gasify approximately 75 million tonnes of coal to…
Bank of Baroda (BoB) and Mizuho Bank partner for Mergers and Acquisitions (M&A) financing
Key Updates:
- Bank of Baroda (BoB) and Mizuho Bank, the banking arm of Japan's Mizuho Financial Group, have announced a strategic partnership to enhance collaboration in M&A financing.
- The partnership combines the global network and structured finance expertise of Mizuho Bank with the domestic franchise and corporate relationships of BoB in India.
- Both banks will collaborate on acquisition financing transactions, covering joint origination, structuring, co-underwriting, and syndication.
- The agreement includes M&A advisory on identified deals and the creation of preferred-partner channels for sub-participation and secondary risk distribution.
- The tie-up also encompasses ancillary banking services such as foreign exchange, interest rate hedging, escrow services, and capacity building in acquisition finance underwriting.
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YES Bank has entered into a strategic partnership with Northern Arc Capital to expand credit access, scale digital lending, and offer debt investment opportunities. The collaboration was facilitated by Sumitomo Mitsui…
Karnataka Bank has entered into a partnership with Pine Labs to provide point-of-sale (PoS) solutions. The collaboration aims to provide advanced PoS terminals to retail and Micro, Small and Medium Enterprises (MSME)…
The government-owned Development Bank of Japan (DBJ) has made its first real estate investment in India by committing capital to the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund).…
The National Skill Development Corporation (NSDC) has entered into a strategic partnership with the Tokyo-based Fourth Valley Concierge Corporation (FVCC) to facilitate workforce mobility for Indian talent in Japan. The…
Competition Commission of India (CCI) approves DWS Group's stake acquisition in Nippon Life India AIF Management Ltd
Key Updates:
- The Competition Commission of India (CCI) approved the proposal of Germany-based DWS Group to acquire a 40 per cent equity stake in Nippon Life India AIF Management Ltd (NIAIF).
- NIAIF is a subsidiary of Nippon Life India Asset Management Ltd (NAMI) and is registered with the Securities and Exchange Board of India (SEBI) as a co-investment portfolio manager.
- The CCI cleared the acquisition of shareholding of seven Special Purpose Vehicles (SPVs) by Anantam Highways Trust (InvIT), with units issued to Build India Infrastructure Fund, Dilip Buildcon Ltd (DBL), and DBL Infraventures Pvt Ltd.
- The CCI approved the acquisition of shares in Krazybee Services Ltd and Finnovation Tech Solutions Pvt Ltd by Mars Equity Dragon Fund VCC.
- Krazybee Services Ltd is a Reserve Bank of India (RBI) registered non-deposit taking Non-Banking Financial Institution.
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The Competition Commission of India (CCI) approved the acquisition of 100 per cent share capital of PGIM India Asset Management Pvt Ltd and PGIM India Trustees Pvt Ltd by TVS Emerald Ltd and TVS Venu Management and…
The Competition Commission of India (CCI) approved the acquisition of 21% voting interest in Astemo, Ltd by Honda Motor Co, Ltd from Hitachi, Ltd. Following the transaction, Astemo will become a consolidated subsidiary…
The Competition Commission of India (CCI) approved the proposal of South Africa-based Sanlam Group to acquire a stake in Shriram Life Insurance Company Ltd (SLIC). The acquisition involves 2.80 per cent of the expanded…
Competition Commission of India (CCI) approved Advent International’s proposal to acquire 14.3% equity in Aditya Birla Housing Finance (ABHFL) through a preferential private placement to Indriya Ltd. Aditya Birla Capital…
Kotak Mahindra Bank acquires Deutsche Bank's India retail banking business
Key Updates:
- Kotak Mahindra Bank has reached a definitive agreement to acquire the retail banking, private banking and wealth management business of Deutsche Bank in India.
- The acquired portfolio comprises nearly ₹29,000 crore in loans, ₹16,000 crore in deposits, and ₹10,500 crore in assets under management (AUM).
- The transaction involves the transition of approximately 1.5 lakh clients and a workforce of nearly 1,000 employees to Kotak Mahindra Bank.
- The deal is expected to close by September 2027, subject to regulatory clearance from the Competition Commission of India (CCI).
- Deutsche Bank's India retail business operates through around 17 branches and reported revenue of ₹2,455 crore in the financial year ended March 2025.
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Ashok Vaswani will step down as Managing Director (MD) and Chief Executive Officer (CEO) of Kotak Mahindra Bank on December 31, 2026. Vaswani assumed the role of MD and CEO on January 1, 2024, succeeding the founder Uday…
The Reserve Bank of India (RBI) has granted approval to Kotak Mahindra Bank Ltd (KMBL) to acquire an aggregate holding of up to 9.99 per cent in AU Small Finance Bank (AU SFB). KMBL also received the RBI nod to acquire…
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…
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…
Bharat Petroleum Corp. Ltd. (BPCL) to acquire 40% stake in Tiki Tar and Shell India Private Limited (TTSIPL) for ₹85 crore
Key Updates:
- Bharat Petroleum Corp. Ltd. (BPCL) has signed an agreement to acquire a 40 per cent equity stake in Tiki Tar and Shell India Private Limited (TTSIPL) for a cash consideration of ₹85 crores.
- The Department of Investment and Public Asset Management (DIPAM) has granted approval for the acquisition, which has an indicative completion period of 90 days.
- TTSIPL is a joint venture between Tiki Tar Group and Shell Gas B.V. that provides bituminous products to markets in India, Nepal, Bhutan, and Bangladesh.
- The joint venture reported a turnover of ₹317.76 crore in FY24, which increased to ₹545.16 crore in FY25 and stood at ₹404.60 crore in FY26.
- TTSIPL was incorporated on 11 October 2019 with an authorised share capital of ₹37 crore and a paid-up capital of ₹36.08 crore.
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The Competition Commission of India (CCI) approved the acquisition of 21% voting interest in Astemo, Ltd by Honda Motor Co, Ltd from Hitachi, Ltd. Following the transaction, Astemo will become a consolidated subsidiary…
The Department of Financial Services (DFS) approved the proposal of Dubai-based Emirates NBD Bank to acquire up to 74 per cent stake in RBL Bank on May 14, 2026. The Reserve Bank of India (RBI) had previously approved…
The Competition Commission of India (CCI) approved the acquisition of 100 per cent share capital of PGIM India Asset Management Pvt Ltd and PGIM India Trustees Pvt Ltd by TVS Emerald Ltd and TVS Venu Management and…
UK-based insurer Prudential plc will acquire a 75 percent stake in Bharti Life Insurance Company Limited for an initial value of ₹3,500 crore (approximately USD 389 million). The transaction involves Prudential plc…
Operation Surakshit Cyberspace: Safe Digital Ecosystem for Women and Children
Key Updates:
- Gujarat Police launched 'Operation Surakshit Cyberspace', a 28-day statewide campaign running from July 1 to July 28, 2026, to create a secure digital ecosystem for women and children.
- The initiative is conducted under the guidance of Director General of Police (DGP) Dr. K. L. N. Rao, Criminal Investigation Department (CID) (Crime & Railways).
- Local SHE Teams and dedicated Cyber Crime Police Stations will spearhead the grassroots implementation through community outreach and awareness programmes.
- The campaign is based on the motto: Protection through awareness, investigation through technology, action through law, and a secure Gujarat through public cooperation.
- The operation has set targets to educate 25 lakh citizens, encourage 20 lakh students to take the Cyber Safety Pledge, conduct awareness programmes in 10,000 schools and 1,500 colleges, sensitise 1 lakh adolescent girls, organise 5,000 parental awareness sessions, and ensure preliminary police action within 24 hours of every cyber complaint involving women and children.
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The Gujarat Police successfully traced 1,470 missing persons during a month-long statewide special drive titled Operation Milap. The operation was launched on 7 May under the leadership of Deputy Chief Minister Harsh…
The United Democratic Front (UDF) government in Kerala proposed the Vision 2031 policy roadmap to transform the state into the most women-friendly state in India. The roadmap introduces the Avalkkoppam scheme to prevent…
Gujarat Police signed a Memorandum of Understanding (MoU) with Sahakar Taxi Cooperative Limited (Bharat Taxi) for the digital integration of its transport platform. An SOS emergency response system will be integrated…
The Central Bureau of Investigation (CBI) conducted coordinated searches at more than 80 locations across 16 states under Operation Chakra-VI. The 16 states involved in the operation are Punjab, Gujarat, Delhi…
Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act: 125 Days Employment Guarantee
Key Updates:
- The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G) Act, 2025 came into force on July 1, 2026, increasing the statutory employment guarantee from 100 to 125 days for eligible rural households.
- The Ministry of Rural Development (RD Ministry) has provided an interim allocation of ₹95,692.31 crore to States and Union Territories to ensure uninterrupted implementation and timely wage payments.
- The VB-G RAM G Act focuses on creating durable community assets, natural resource management, water conservation, agriculture, rural infrastructure, and women's empowerment through Self Help Groups.
- A total of 29 States and Union Territories have made budgetary provisions, while 24 States have notified their respective VB-G RAM G State Schemes.
- The national launch of the VB-G RAM G Mission is scheduled for July 2 at Mukkavaripalli village in the Tirupati district of Andhra Pradesh.
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The Ministry of Rural Development organised the Rashtriya Gramin Vikas Sammelan (RGVS) 2026. The two-day national conclave was aligned with Prime Minister Narendra Modi's vision of rural transformation to accelerate…
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 Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 (VB-G RAM G Act) will come into force from July 1. The Ministry of Rural Development (MoRD) stated that the VB-G RAM G Act provides a…
The Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM G Act), 2025, will come into force across India from July 1, 2026, replacing the Mahatma Gandhi National Rural Employment Guarantee Act…
Employees' Provident Funds Scheme 2026: Revised rules for contributions and withdrawals
Key Updates:
- The Ministry of Labour and Employment notified the Employees' Provident Funds (EPF) Scheme, 2026, under the Code on Social Security, 2020, replacing the Employees' Provident Funds Scheme, 1952.
- Under the EPF Scheme, both employers and employees are required to contribute 12% of wages towards the provident fund.
- Full withdrawal of the provident fund is permitted for specified events, including retirement, permanent migration from India, and taking up employment overseas.
- Partial withdrawals for illness, education, marriage, housing-related needs, and other notified special circumstances are allowed, provided a minimum balance of 25% of total contributions is maintained.
- Employers are required to submit a consolidated return in Form V within 15 days of the scheme's applicability, including employee Aadhaar, Permanent Account Number (PAN), and Universal Account Number (UAN) details.
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The Employees’ Provident Fund Organisation (EPFO) is launching the E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts) portal to enable members to access inoperative accounts through…
Taxpayers filing ITR-1 and ITR-2 for assessment year 2026-27 must submit returns by July 31, 2026, to avoid penalties of up to ₹5,000 for income exceeding ₹5 lakh. The Unique Identification Authority of India (UIDAI) has…
The Ministry of Home Affairs (MHA) notified the Citizenship (Amendment) Rules, 2026, which came into force on April 30, 2026. Under the new rules, a minor child cannot simultaneously hold a passport of another country…
Chief Minister Mohan Yadav ordered the withdrawal of a draft provision in the proposed civil services rules that limited government job eligibility to a maximum of two children. The Chief Minister directed the General…
Delhi Next – Code, Create and Change: Boost for Civic-Tech Innovations
Key Updates:
- Chief Minister Rekha Gupta launched the 'Delhi Next – Code, Create and Change' programme at the Delhi Secretariat to solve urban challenges through technology.
- The initiative's outreach campaign reached over one crore young people across the country, with more than 2.5 lakh participants registering.
- An expert committee evaluated over 5,000 technical proposals, shortlisting 1,000 participants, with the top 60 teams presenting working prototypes.
- The top 60 projects will be implemented as pilot projects by government departments and will receive long-term support, mentorship, and guidance to develop a minimum viable product (MVP).
- The programme targets solutions for traffic management, waterlogging, smart parking, air pollution, waste management, electric vehicle ecosystem, digital governance, and citizen grievance redressal.
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The Indian Institute of Technology Delhi (IIT Delhi) and France's Sorbonne University have launched a joint master's programme in Biological Science and a joint PhD course. The partnership aims to improve innovation…
Delhi Chief Minister Rekha Gupta launched the 'Metro Monday' initiative following Prime Minister Narendra Modi's appeal for fuel conservation amid the West Asia crisis. The initiative is part of the 'Mera Bharat, Mera…
The Delhi Pollution Control Committee (DPCC) launched 'Road RADAR' (Real-time Air Pollution Detection Across Roads) to strengthen on-ground monitoring and rapid redressal of air pollution sources across the city's road…
The Delhi Cabinet approved the Electric Vehicle (EV) Policy 2026 with an outlay of ₹15,000 crore to be invested over the next four years starting from July 1. The policy targets 95 per cent of all new vehicle…
Drugs Rules, 1945 Amended for Central Licensing of Stem Cell and Gene Therapies
Key Updates:
- The Central Government amended the Drugs Rules, 1945 to bring cell or stem cell derived products, gene therapeutic products, and xenografts under the Centrally License Approving Authority (CLAA) framework.
- The amendment was announced by the Ministry of Health and Family Welfare (MoHFW) to ensure uniformity in regulatory standards nationwide for evolving medical technologies.
- The Drugs and Cosmetics Act already provides joint regulatory supervision by central and state authorities for vaccines, large-volume parenterals, and r-DNA based medicines.
- Cell or stem cell derived products, such as stem cell-based regenerative treatments and CAR-T cell therapies, are used in the treatment of blood cancers including leukemias and lymphomas.
- Gene therapeutic products include gene replacement and gene editing products for genetic disorders and cancers, while xenografts are animal tissue-derived products, such as heart valves, used in cardiology and orthopedics.
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The Union Ministry of Health and Family Welfare issued a notification under the Drugs (Fifth Amendment) Rules, 2026, making all syrups, including cough syrups, available only on a doctor's prescription. The amendment…
The Union Ministry of Health (Health Ministry) notified amendments to the Drugs Rules, 1945, to expand the QR code-based track-and-trace framework under Schedule H2. Schedule H2 now includes all vaccines, antimicrobials…
The Rajasthan state health department ordered an immediate halt to the sale, distribution, and use of seven medicines. The regulatory action was taken after laboratory testing found the medicines to be substandard.
Richard Scolyer, a globally recognised pathologist and co-director of the Melanoma Institute Australia (MIA), has died at the age of 59. He was named the Australian of the Year in 2024 alongside Professor Georgina Long…
Government orders removal of BAT-BMS, Lossigy and Epoch-i-ion apps to prevent remote disabling of e-rickshaws
Key Updates:
- The government ordered the removal of three smartphone applications—BAT-BMS, Lossigy, and Epoch-i-ion—due to their misuse in remotely disabling battery-operated vehicles.
- IT Secretary S Krishnan confirmed the action during a Confederation of Indian Industry (CII) Cybersecurity Summit.
- The applications were allegedly used to shut down e-rickshaws by connecting to their Battery Management Systems (BMS) via Bluetooth.
- The BAT-BMS application was developed by Shenzhen Grenergy Technology, based in the Shenzhen province of China.
- The Delhi government has directed its transport department to investigate the BAT-BMS application and verify claims regarding its ability to remotely disable e-rickshaws.
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The Supreme Court (SC) has directed the priority implementation of a time-bound eviction plan to remove encroachments from the Agasthyamalai ecological landscape. The Agasthyamalai ecological landscape is located across…
Monthly transaction volumes on the BHIM Payments App increased from 79.64 million in June 2025 to 244 million in May 2026. The platform, developed by NPCI BHIM Services Limited (NBSL), processed transactions with a total…
The Mizoram government launched the 'Khuarel' mobile application on 29 April 2026. The app was unveiled by Disaster Management and Rehabilitation Minister Lalnilawma in Aizawl.
Haryana Labour Minister Anil Vij announced the launch of the 'ShramMitra' app to digitise and modernise the labour market. The app is designed to transform the traditional labour chowk into a digital platform.
SAMARTH: ₹190-crore semiconductor training hub at IIT Gandhinagar
Key Updates:
- A ₹190-crore semiconductor research and training centre, named Silicon and Advanced Semiconductor Manufacturing Research and Training Hub (SAMARTH), will be established at the Indian Institute of Technology (IIT) Gandhinagar in Gujarat.
- The facility is jointly funded by the Ministry of Electronics and Information Technology (MeitY), the Gujarat government’s Department of Science and Technology (DST), and IIT Gandhinagar.
- SAMARTH aims to train nearly 10,000 individuals over five years, including 5,600 undergraduate, postgraduate and PhD students, 1,500 technicians, 1,000 certificate programme participants, 230 faculty members, 230 industry professionals, and over 2,700 summer school and short-duration programme students.
- The centre will house laboratories for nano-fabrication training, CMOS process technology, semiconductor device characterisation, process and device modelling, and integrated circuit (IC) design and prototyping.
- Key semiconductor projects in Gujarat include Micron Technology’s Assembly, Testing, Marking and Packaging (ATMP) facility at Sanand, CG Semi’s Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Kaynes Technology India’s OSAT unit, and Tata Electronics’ commercial semiconductor fabrication plant at Dholera.
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The Union Cabinet approved two semiconductor manufacturing projects under the India Semiconductor Mission (ISM) in Gujarat with a combined investment of ₹3,936 crore. Crystal Matrix Limited (CML) will establish India's…
Tata Electronics Ltd and ASML signed a memorandum of understanding (MoU) on May 16, 2026, to advance the semiconductor manufacturing ecosystem in India. ASML will support the establishment and ramp-up of Tata…
The Ministry of Defence (MoD) has granted in-principle clearance for a ₹500 crore National Military Drone Technology Hub at the Indian Institute of Technology (IIT) Kanpur. The hub will provide end-to-end capabilities…
The Ministry of Electronics and Information Technology (MeitY), under the India Semiconductor Mission (ISM), launched the "Investors Support" portal to provide single-window assistance, regulatory guidance, and grievance…
NITI Aayog launches Strategic Roadmap for Making Ayurveda Global
Key Updates:
- The National Institution for Transforming India (NITI Aayog) launched the 'Strategic Roadmap for Making Ayurveda Global' to transform Ayurveda into a globally recognised, evidence-based healthcare system by 2047.
- Exports of Ayush products increased to $2.16 billion in 2023 from $1.09 billion in 2014.
- The roadmap recommends upgrading manufacturing standards to World Health Organisation-GMP (WHO-GMP) equivalence and developing an export-focused ayurvedic pharmacopoeia.
- It proposes creating a Global Ayurveda Register with WHO-aligned digital credentials and establishing mutual recognition agreements with G20, BRICS, and ASEAN.
- The strategy includes developing international ayurveda treatment hubs in Mauritius, medical value travel zones in India, and premium experience centres in Geneva, New York, London, Singapore, and Tokyo.
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NITI Aayog Vice-Chairman Shri Ashok Kumar Lahiri released the 8th edition of the Trade Watch Quarterly for the fourth quarter (January–March 2026) of FY2025-26 in New Delhi. India's total goods and services trade grew…
NITI Aayog released a 10-year roadmap titled “Future of India’s Semiconductor Industry” to build a $120-150 billion domestic semiconductor value chain by 2035. The roadmap identifies five key pillars: frontier R&D and…
The reports titled “Ease of Doing Research & Development in India” and “Survey Report on Ease of Doing R&D in India” were released on 9 April 2026 in New Delhi. The release was officiated by Shri Suman Bery, Vice…
National Institution for Transforming India (NITI Aayog) released a policy report titled School Education System in India: Temporal Analysis and Policy Roadmap for Quality Enhancement. The report presents a decade-long…
Digital India Programme: ₹10,000 Crore IndiaAI Mission and ₹1.65 Lakh Crore Semiconductor Projects Approved
Key Updates:
- The Ministry of Electronics and Information Technology (MeitY) stated that the Digital India programme has completed 11 years, shifting focus toward Artificial Intelligence (AI), semiconductors, and quantum technologies for a Viksit Bharat by 2047.
- Under the IndiaAI Mission, the government has allocated an outlay exceeding ₹10,000 crore to create shared computing infrastructure and support 15 indigenous foundation models.
- The Semicon India Programme has approved 12 projects worth ₹1.65 lakh crore, including the inauguration of CG Semi's Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat.
- The Unified Payments Interface (UPI) processes approximately 24,162 crore transactions annually valued at ₹314 lakh crore, while the Digital Public Infrastructure (DPI) is now shared with 24 countries.
- Direct Benefit Transfer (DBT) schemes have transferred over ₹51.5 lakh crore to beneficiaries, while the National Quantum Mission has been allocated ₹6,003.65 crore to strengthen deep-tech capabilities.
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NITI Aayog released a 10-year roadmap titled “Future of India’s Semiconductor Industry” to build a $120-150 billion domestic semiconductor value chain by 2035. The roadmap identifies five key pillars: frontier R&D and…
The Ministry of Skill Development and Entrepreneurship (MSDE) reported that Industrial Training Institutes (ITIs) increased from 9,776 in 2014 to over 13,888. Access to skill development was widened through ITIs…
D Y Patil International University (DYPIU) signed a Memorandum of Understanding (MoU) with Dassault Systemes to establish a Digital Engineering and Digital Manufacturing Experience Centre in Pune, Maharashtra. The centre…
The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) was launched in 2020 to provide affordable working capital loans to street vendors. The scheme aims to facilitate the integration of street vendors into…
India and Japan Strengthen Strategic Ties at 16th Annual Summit in New Delhi
Key Updates:
- Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi to deepen the Special Strategic and Global Partnership.
- Both leaders established a target to attract ¥10 trillion in Japanese investment and double the number of Japanese companies operating in India over the next decade.
- India and Japan signed their first defence co-development agreement for the Naval Radio Antenna Unicorn to initiate a new chapter in defence technology partnership.
- The India-Japan Bio-gas Initiative was launched to establish 1,000 bio-gas and organic fertiliser plants across India to improve rural livelihoods and sustainability.
- The summit prioritised strategic cooperation in Artificial Intelligence (AI), semiconductors, critical minerals, pharmaceuticals, clean energy, and Information and Communication Technology (ICT).
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Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi. The two nations signed a pact on co-development in the defence sector, with the first project…
Japanese Prime Minister Sanae Takaichi is exploring a visit to India in July for the annual Summit. The visit aims to strengthen cooperation in security to counter China's increasing economic pressure on other nations.
Japanese Prime Minister Sanae Takaichi will visit New Delhi from July 1 to 3 for the 16th India-Japan Annual Summit. The visit marks the first official trip to India for Sanae Takaichi since assuming office.
US Secretary of State and National Security Advisor (NSA) Marco Rubio met NSA Ajit Doval in New Delhi on 24 May 2026 to discuss defence, security, and strategic technology cooperation. The meeting highlighted the TRUST…
India and Japan agree on 2027 target for Mumbai-Ahmedabad High Speed Rail project
Key Updates:
- Japan has backed India's target to start commercial operations on priority sections of the 508-km Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor by 2027.
- The MAHSR project utilizes Shinkansen technology with trains designed for a maximum speed of 350 kmph and expected commercial operations at 320 kmph.
- The corridor connects 12 stations: Mumbai (BKC), Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, and Sabarmati.
- The project includes India's first undersea railway tunnel, with a 7-km section passing beneath Thane Creek using a combination of the New Austrian Tunnelling Method (NATM) and Tunnel Boring Machines (TBMs).
- The government aims to build a 7,000-km national high-speed rail network, with the Union Budget 2026-27 announcing seven additional corridors, including Delhi-Varanasi, Chennai-Bengaluru, and Mumbai-Pune, spanning nearly 4,000 km with an estimated investment of ₹16 lakh crore.
- A dedicated High-Speed Rail Training Institute has been established in Vadodara to develop domestic expertise in bullet train technology.
- The India-Japan Governors' Network for Friendship and Exchange includes partnerships between: Yamanashi Prefecture and Uttar Pradesh, Toyama Prefecture and Andhra Pradesh, Shizuoka Prefecture and Gujarat, Hamamatsu City and Ahmedabad, Wakayama Prefecture and Maharashtra, San'in Region and Kerala, Ehime Prefecture and Tamil Nadu, Fukuoka Prefecture and Delhi, and Kitakyushu City and Telangana.
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The National High Speed Rail Corporation Limited (NHSRCL) has deployed advanced tunnel hood technology for the Mumbai-Ahmedabad Bullet Train project. This is the first instance in India where tunnel hood technology is…
The proposed bullet train corridor connects Ahmedabad and Mumbai. The total length of the corridor is 508 km.
Prime Minister Narendra Modi approved seven new bullet train corridors to reshape inter-city travel and strengthen economic connectivity across regions. The flagship Mumbai–Ahmedabad High Speed Rail project is expected…
Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi. The two nations signed a pact on co-development in the defence sector, with the first project…
Indian Navy Deploys P-8I Aircraft for 30th Edition of RIMPAC Exercise in Hawaii
Key Updates:
- The Indian Navy has deployed a P-8I maritime patrol aircraft to Hawaii to participate in the 30th edition of the Rim of the Pacific (RIMPAC) exercise.
- Hosted by the United States (US) Pacific Fleet, the exercise involves 30 nations, more than 30 surface ships, five submarines, and over 200 aircraft.
- The theme for RIMPAC 2026 is Partners: Integrated and Prepared, with the exercise first being held in 1971 to improve interoperability among partner navies.
- The P-8I is a multi-role Long-Range Maritime Reconnaissance and Anti-Submarine Warfare (LRMR-ASW) aircraft based on the Boeing 737-800 platform.
- Coordination between the Indian and US navies is facilitated by the Basic Exchange and Cooperation Agreement (BECA) and the Communications Compatibility and Security Agreement (COMCASA).
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The United States-led Rim of the Pacific (RIMPAC) 2026 exercise commenced on 25 June 2026 at Joint Base Pearl Harbor-Hickam in Hawaii. The maritime training event involves 31 surface ships, five submarines, 197 aircraft…
Indian Navy’s bianxial Commanders’ Conference 2026 will be held in New Delhi from 14 to 16 April. Chief of Defence Staff (CDS) General Anil Chauhan will address senior naval leadership on jointness and interoperability.
The Indian Navy is set to induct five indigenously built naval platforms in June 2026. The new additions comprise two Project 17A stealth frigates (INS Dunagiri and INS Mahendragiri), one large survey vessel, and two…
PM Modi commissioned three indigenously designed and built naval platforms – INS Dunagiri (Project 17A stealth frigate), INS Sanshodhak (Survey Vessel Large for hydrography), and INS Agray (Arnala-class Anti-Submarine…
Canada reduces Super Visa processing times for Indian applicants
Key Updates:
- Immigration, Refugees and Citizenship Canada (IRCC) reduced the estimated processing time for Super Visa applications from India to 50 days from 66 days.
- The IRCC service standard for Super Visa applications is 112 days.
- Work permit processing for applicants from India remained unchanged at nine weeks.
- Study permit processing for applications from India increased to five weeks from four weeks.
- Visitor visa processing time for Indian applicants declined to 21 days from 22 days.
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East Bengal FC (EBFC) secured their first Indian Super League (ISL) title by defeating Inter Kashi 2-1 at the Kishore Bharati Krirangan in Kolkata. The victory ended a 22-year-old top-tier title drought for the club…
Commerce and Industry Minister Piyush Goyal is leading a delegation of nearly 150 Indian business leaders to Canada, with engagements in Ottawa on May 25 and a two-day programme in Toronto from May 26 to 27, 2026, and is…
India will resume the issuance of tourist visas to Bangladeshi nationals starting from 28 June 2026. Indian High Commissioner to Bangladesh, Dinesh Trivedi, announced the decision during a visit to the Indian Visa…
Canadian Prime Minister Mark Carney attended the European Political Community (EPC) summit in Yerevan, Armenia, marking the first time a non-European nation has participated in the forum. The EPC is an institution…
UNESCO warns Pakistan over reconstructions at Taxila historical sites
Key Updates:
- The United Nations Educational, Scientific and Cultural Organization (UNESCO) has warned Pakistan to reverse reconstructions at two historical sites in Taxila to avoid being placed on the danger list.
- The specific sites facing potential delisting due to unnecessary interventions are Mohra Moradu and Sirkap.
- Taxila, known in ancient times as Takshashila, dates back to the Vedic period and is featured in Hindu epics including the Ramayana and Mahabharata.
- The Punjab archaeology department is accused of replacing original walls with new construction and using modern building materials, which violates UNESCO rules.
- In 1998, the Bhir Mound, located adjacent to the Taxila Museum, was placed on the danger list after the approved construction of a stadium.
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Italy has become the world's United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage capital with 61 protected sites. Italy currently holds the highest number of UNESCO-listed sites of…
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) added 12 new sites to its Global Geoparks network. The total number of UNESCO Global Geoparks has reached 241 across 51 countries, covering…
Sufiyana Mousiqi is believed to have been in practice since the 15th century in Kashmir. It is for the first time bidding for inclusion in the list of Intangible Cultural Heritage of Humanity of the United Nations…
The United Nations Educational, Scientific and Cultural Organization (UNESCO) released the People and Nature Report, the first assessment covering World Heritage Sites, Biosphere Reserves, and Global Geoparks. The report…
India and Japan hold 16th Annual Summit in New Delhi to strengthen strategic partnership
Key Updates:
- Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi.
- The two nations aim to attract ¥10 trillion in Japanese investment into India over the next decade, with over $10 billion in fresh investments expected from approximately 120 new business agreements.
- India and Japan signed their first co-development agreement for the Naval Radio Antenna "Unicorn".
- The India-Japan Bio-gas Initiative will establish 1,000 bio-gas and organic fertiliser plants across India.
- Priority sectors for deeper strategic cooperation were identified as semiconductors, critical minerals, pharmaceuticals, clean energy, and information and communication technology (ICT).
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Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi held the 16th India-Japan Annual Summit in New Delhi. The two nations signed a pact on co-development in the defence sector, with the first project…
India welcomed Japan's review of the Three Principles on Transfer of Defence Equipment and Technology to expand bilateral defence cooperation and industrial collaboration. The Ministry of External Affairs (MEA) stated…
India and the United States (US) conducted the 29th edition of the Army-to-Army Staff Talks (AAST) in Hawaii to deepen bilateral defence cooperation. The AAST was co-chaired by Lieutenant General Rajiv Ghai, Deputy Chief…
India and Italy upgraded bilateral ties to a Special Strategic Partnership and set a target to increase bilateral trade to €20 billion by 2029. Both nations reaffirmed support for the India-Middle East-Europe Economic…
Microsoft and Lightstorm to build I-2SEA undersea cable linking India and Southeast Asia
Key Updates:
- A consortium including Microsoft and Lightstorm plans to build the I-2SEA undersea cable linking India with Malaysia and Singapore.
- The consortium members include Microsoft, Lightstorm, Tata Communications, Singapore Telecommunications, ASEAN Cableship, and NEC Corporation.
- The I-2SEA cable will span 3,600 km and feature a landing station in Machilipatnam, Andhra Pradesh.
- The network is expected to be operational in the fourth quarter of 2029 to support AI, cloud, and hyperscale workloads.
- India currently has 17 active submarine cables with a maximum potential capacity of 960 terabits per second.
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Microsoft CEO Satya Nadella presented the Fairwater Artificial Intelligence (AI) data centre in Wisconsin as a model for sustainable infrastructure during the Microsoft Build 2026 keynote. The Fairwater facility is a…
Ted Turner, the founder of Cable News Network (CNN), died at the age of 87 in Lamont, Florida. He launched CNN in 1980 as the first 24-hour cable news network.
Meta Platforms has partnered with Reliance Industries Limited (RIL) to lease a 168 MW AI-ready data centre in Jamnagar, Gujarat. The Jamnagar facility will be powered by renewable energy, cooled with desalinated…
A United States (US) delegation led by chief negotiator Brendan Lynch will hold three-day talks with Indian trade officials in New Delhi starting Tuesday. The US administration launched investigations under Section 301…
NSF-DOE Vera C. Rubin Observatory Launches Legacy Survey of Space and Time (LSST)
Key Updates:
- 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 largest, featuring 189 individual CCD image sensors and the ability to capture 3,200-megapixel photos every 40 seconds.
- The observatory will collect approximately 10 terabytes of photos nightly, taking about 1,000 photos per night to create a time-lapse record of the southern sky.
- The mission focuses on understanding dark energy and dark matter, while also conducting a detailed census of the Solar System's asteroids and comets.
- The LSST aims to capture data on approximately 20 billion galaxies, 17 billion stars, and 6 million solar system objects.
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The Vigilance and Anti-Corruption Bureau (VACB) launched Project Zero in Thiruvananthapuram to establish a corruption-free administrative system in Kerala. The initiative is built on four major pillars: proactive…
India recorded over 440 million digital wallet app downloads in Calendar Year (CY) 2025, maintaining its position as the world's largest market for the third consecutive year. PhonePe emerged as the most-downloaded…
The Indian Space Research Organisation (ISRO) has completed high-resolution land use and land cover mapping for every village in India. The mapping was conducted at a scale of 1:10000, where 1cm on the map represents 100…
India secured a place in the Guinness World Records (GWR) for unfurling the largest Indian national flag underwater. The record-setting feat was performed at Radhanagar Beach located in the Andaman and Nicobar Islands.
Global Biofuels Alliance (GBA) launches Global Biofuel Champion Fellowship (GBCF)
Key Updates:
- The Global Biofuels Alliance (GBA) launched the Global Biofuel Champion Fellowship (GBCF) to induct 15 early-career researchers as biofuel ambassadors.
- Each fellow will receive a research grant of up to USD 15,000 and serve as an Ambassador of the GBA for two years to advocate for the global adoption of biofuels.
- The inaugural award ceremony is scheduled for June 30 at Juniper Hall, India Habitat Centre in New Delhi, with the Secretary of the Ministry of Petroleum and Natural Gas (MoPNG), Dr Neeraj Mittal, as the guest of honour.
- The 15 fellows were selected by a five-member Jury Committee and an eight-member Mentors Committee from institutions including the University of Sheffield, Imperial College London, and Indian Institute of Technology Madras (IIT Madras).
- Launched on September 9, 2023, at the G20 Summit in New Delhi, the GBA consists of 34 member countries and 14 international organisations, with India, Brazil, and the United States as founding members.
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Jordan confirmed its membership in three India-led global initiatives: International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Global Biofuel Alliance (GBA). The formal membership…
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…
India will host the 11th BRICS Energy Ministers’ Meeting in Gurugram, Haryana, on June 25-26 under its BRICS Chairship 2026. The meeting is guided by the theme Building for Resilience, Innovation, Cooperation and…
Dr Soumya Swaminathan and Professor Manindra Agrawal have been elected as fellows of the FRS in the 2026 cohort for their landmark contributions to science. Dr Soumya Swaminathan, a paediatrician and former Chief…
ACME Green Molecules and Mitsubishi Gas Chemical (MGC) Sign $1 Billion Green Methanol Deal
Key Updates:
- 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 is described as India's first global green marine fuel collaboration.
- The green methanol will be produced at the ACME Group facility in Paradip, Odisha.
- Green methanol is an alternative to conventional marine fuels, specifically Heavy Fuel Oil (HFO), Very Low Sulphur Fuel Oil (VLSFO), and Marine Gas Oil (MGO).
- The fuel is expected to comply with European Union (EU) and International Maritime Organization (IMO) regulations to reduce lifecycle carbon dioxide emissions.
- ACME Group's green energy investments in Odisha include green ammonia projects in Gopalpur and Paradip, and a green methanol project in Paradip.
- ACME Group is expanding its portfolio of green hydrogen, ammonia, and methanol projects in Bikaner, India, and Duqm, Oman.
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India’s first green methanol production plant is being established at the Deendayal Port Authority (DPA) in Kandla, Gujarat, to produce fuel for ocean-going ships. The plant will use the invasive shrub Prosopis…
L&T Energy GreenTech Ltd (LTEGL) signed a long-term agreement with Japan's ITOCHU Corporation to supply 300,000 tonnes of green ammonia annually. The green ammonia will be supplied from the upcoming LTEGL facility in…
The London Stock Exchange Group (LSEG) report Investing in the Green Economy 2026: Resilience and Reacceleration states India generated $110 billion in green revenues in 2025 with a 20 per cent compound annual growth…
Defence Secretary Rajesh Kumar Singh confirmed that India has signed a deal with Vietnam for the supply of BrahMos missiles. The deal with Indonesia for BrahMos missiles is in the final stages.
World Health Organization (WHO) adds first diagnostic test for Bundibugyo Ebola virus to Emergency Use Listing
Key Updates:
- The World Health Organization (WHO) has added the first molecular diagnostic test for the Bundibugyo Ebola virus to its Emergency Use Listing.
- The diagnostic test identifies the virus's genetic material from blood samples to provide faster and more reliable confirmation of infections.
- WHO Director-General Dr. Tedros Adhanom Ghebreyesus declared the Bundibugyo Ebola outbreak a public health emergency of international concern on May 17.
- The Democratic Republic of the Congo (DRC) has recorded 1,406 laboratory-confirmed cases and 438 deaths, with the virus spreading through Ituri Province.
- The current outbreak in the DRC is the 17th Ebola outbreak in the country since the virus was first identified there in 1976.
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India dispatched the first tranche of medical supplies and protective kits to the African Centre for Diseases Control and Prevention (Africa CDC) in response to the Ebola public health emergency. The World Health…
The World Health Organization (WHO) has declared the Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda a Public Health Emergency of International Concern. The outbreak is linked to the Bundibugyo…
India has activated the Air Suvidha portal for passengers arriving from or transiting through Ebola-affected countries, requiring a mandatory online Self-Declaration Form (SDF) before deboarding. The portal reactivation…
The Ministry of Civil Aviation (MoCA), in collaboration with Delhi International Airport Limited (DIAL), launched AIR SUVIDHA 2.0 to strengthen public health surveillance at Points of Entry across India. The upgraded…
India's Electric Vehicle (EV) Sector Surpasses 2 Million Annual Sales
Key Updates:
- India has crossed 2 million annual electric vehicle (EV) sales, with electric two-wheelers accounting for over 1.28 million units.
- The passenger vehicle EV segment recorded 89% growth over the past year, while electric buses have exceeded 5% penetration.
- India currently imports nearly 85% of its energy requirements.
- The country has set renewable energy capacity targets of 500 GW by 2030 and 1,000 GW by 2047.
- Key policy catalysts for the sector include PM E-Drive, PM eBus Sewa, Production Linked Incentive (PLI) schemes, and incentives for Advanced Chemistry Cell (ACC) manufacturing.
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The Delhi Cabinet approved the Electric Vehicle (EV) Policy 2026 with an outlay of ₹15,000 crore to be invested over the next four years starting from July 1. The policy targets 95 per cent of all new vehicle…
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) signed a Memorandum of Understanding (MoU) with the Afghanistan Chamber of Commerce and Investment (ACCI) in New Delhi. The agreement focuses on…
The scheme was approved by the Union Cabinet in June 2026 and is administered by the Ministry of Road Transport and Highways (MoRTH). The scheme has an outlay of ₹9,585 crore and aims to replace over 2 lakh BS-IV or…
The Indian Energy Alliance (IESA) projected that India's electric vehicle (EV) battery demand will grow tenfold from 20 GWh in 2025 to 200 GWh by 2032. The IESA, in association with Customized Energy Solutions (CES)…
Zoological Survey of India (ZSI) to Celebrate 111th Foundation Day
Key Updates:
- The Zoological Survey of India (ZSI) will celebrate its 111th Foundation Day on 30 June 2026, featuring the inauguration of the Animal Taxonomic Summit–2026 by Union Minister Bhupender Yadav and West Bengal Chief Minister Suvendu Adhikary at the Dhano Dhanyo Auditorium.
- ZSI conducted a 111-hour hackathon on traditional knowledge in biodiversity conservation involving 16 regional centres, with the grand finale scheduled for 29 June 2026.
- The organisation will launch the PaleoIndia Portal, developed jointly with the National Centre for Sustainable Coastal Management (NCSCM), Chennai, and unveil Version 3.0 of the Fauna of India Checklist.
- Publications to be released include Animal Discoveries–2025, Plant Discoveries–2025, Abstract Book: Animal Taxonomy Summit 2026, Records of the ZSI (Special Issue: ATS 2026), Fauna of West Bengal, Jeev Darpan, Faunal Diversity of Dry Deciduous Forests of West Bengal, and Faunal Diversity of Protected Areas of West Bengal covering Bethuadahari, Bibhutibhushan, Ramnabagan, Ballavpur, and Raiganj Wildlife Sanctuaries.
- ZSI will formalise Memoranda of Understanding (MoUs) with the Centre for Marine Living Resources and Ecology (CMLRE), Sathyabama Institute of Science and Technology, Chennai, and Kalyani University, West Bengal.
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The National Biodiversity Authority (NBA) has released a Standard Operating Procedure (SOP) for the notification of threatened species under Section 38 of the Biological Diversity Act, 2002. The Ministry of Environment…
The Ministry of Environment, Forest and Climate Change (MoEFCC) issued a draft notification declaring 408.7 sq km around the Barasingha Wildlife Sanctuary in Uttar Pradesh as an Eco-Sensitive Zone (ESZ). The sanctuary is…
Anthropic and the Bill & Melinda Gates Foundation (Gates Foundation) have pledged $200 million over four years to support artificial intelligence (AI) public goods in health and education. Anthropic will contribute…
Padma Shri P L Gautam has been named as the Chair of the reconstituted Expert Committee on Agrobiodiversity under the National Biodiversity Authority (NBA). The committee has been reconstituted for a period of one year…
Sports
Portugal beats Croatia in FIFA World Cup Round of 32
Key Updates:
- Portugal defeated Croatia 2-1 in the Round of 32 clash of the Fédération Internationale de Football Association (FIFA) World Cup.
- Cristiano Ronaldo became the oldest goalscorer in FIFA World Cup knockout-stage history at 41 years and 147 days.
- Ronaldo is the second-oldest goalscorer in the overall history of the FIFA World Cup, following Cameroon's Roger Milla who scored at 42 years and 39 days during the 1994 tournament.
- Ronaldo became the oldest outfield player to start a men's FIFA World Cup knockout match, surpassing the record previously held by Bosnia and Herzegovina's Edin Dzeko.
- The match was the first men's FIFA World Cup game to feature two outfield players over the age of 40 on opposing sides, featuring Cristiano Ronaldo and Luka Modric.
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Cristiano Ronaldo became the first player to score in six different Fédération Internationale de Football Association (FIFA) World Cup tournaments. The record was achieved during Portugal's 2026 World Cup Group K match…
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…
Argentina defeated Algeria 3-0 in their FIFA World Cup 2026 opener, with Lionel Messi scoring a hat-trick. The match was played at a venue in Kansas City, with more than 70,000 supporters in attendance.
Lionel Messi became the second footballer in history to reach billionaire status after Cristiano Ronaldo. According to the Bloomberg Billionaires Index, Messi's net worth has surpassed $1 billion.
Hokato Hotozhe Sema becomes World No. 1 in Men's Shot Put F57
Key Updates:
- Hokato Hotozhe Sema from Nagaland has secured the World No. 1 ranking in the men's Shot Put F57 category according to the World Para Athletics Rankings.
- Sema serves as a Subedar in the 9 Assam Rifles.
- He won a bronze medal in the men's Shot Put F57 event at the Paris Paralympics 2024.
- Sema is the first Paralympian to receive the Ati Vishisht Seva Medal and has also been honoured with the Arjuna Award.
- Indian athletes occupy the top three spots in the men's Shot Put F57 rankings, with Rana Soman ranked second and Juyal Shubham ranked third.
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Former Indian shot putter Balwinder Singh Dhaliwal passed away at the age of 67 in Chandigarh after battling lung cancer. He was a 10-time national champion in shot put between 1981 and 1992 and set an Asian record of…
India finished atop the standings at the International Shooting Sport Federation (ISSF) Junior World Championships 2026 held in Suhl, Germany, with a total of 25 medals. The Indian medal tally comprised seven gold, eight…
India finished on top of the table at the International Shooting Sport Federation (ISSF) Junior World Cup Rifle/Pistol/Shotgun held in Cairo, Egypt. India won a total of 16 medals, including five gold, six silver, and…
The 29th National Senior Athletics Federation Competition was held in Ranchi. Dev Kumar Meena and Kuldeep Kumar set a new national record of 5.45m in the men's pole vault, surpassing the previous record of 5.41m.
Bukhman International Booker Prize announced for 2027
Key Updates:
- The International Booker Prize will be renamed the Bukhman International Booker Prize from 2027 following a 10-year funding commitment from Bukhman Philanthropies.
- The prize money for winners will be doubled to £100,000 (approximately Rs 1.28 crores), split evenly between the author and the translator.
- Shortlisted books will be awarded £5,000 (approximately Rs 6.37 lakh), which will be split evenly between the author and the translator or translators.
- The 2027 judging panel will be chaired by Katie Kitamura and include Patrick McGuinness, Caleb Azumah Nelson, Olga Ravn, and Tessa Thompson.
- Eligible works for the 2027 prize must be long-form fiction or short story collections translated into English and published in the UK or Ireland between May 1, 2026, and April 30, 2027.
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Yáng Shuāng-zǐ and translator Lin King won the International Booker Prize 2026 for the novel Taiwan Travelogue, which was originally published in Mandarin Chinese in 2020. The £50,000 prize money is divided equally…
Mumbai-based artist Anand RK and freelance journalist Suparna Sharma, along with Bloomberg’s Natalie Obiko Pearson, won the 2026 Pulitzer Prize for Illustrated Reporting and Commentary for their work titled trAPPed. The…
Sangeet Natak Akademi (SNA), established in 1953 under the Ministry of Culture, is India's apex national body for the performing arts. Seven personalities were selected as Akademi Fellows (Akademi Ratna): Ramlal Bareth…
Indian journalists R.K. Anand and Suparna Sharma won the Pulitzer Prize in the Illustrated Reporting and Commentary category. The award was conferred for their work highlighting digital surveillance and cyber fraud…
8 products of Himachal Pradesh granted Geographical Indication (GI) tag
Key Updates:
- Eight traditional products of Himachal Pradesh have been granted Geographical Indication (GI) status, increasing the total number of GI-tagged products from the state to 17.
- The newly registered products are Seabuckthorn (Chharma) of Spiti, Salooni Safed Makka, Chamba Metal Art, Sirmauri Loiya, Kinnauri Topi, Sepuvadi of Mandi, Kinnauri apple, and Kinnauri jewellery.
- The registrations were secured through the Himachal Pradesh Council for Science, Technology & Environment (HIMCOSTE).
- The state government is pursuing GI registration for four additional indigenous products: Bhot Jau (barley from the Pangi region of Chamba), Chamba Chukh, Plectranthus honey (from the Bharmour region of Chamba), and Sirmaur ginger.
- The nine previously registered products of Himachal Pradesh include Kullu Shawl, Kangra tea, Chamba Rumal, Kinnauri shawl, Kangra painting, Himachali Kalazeera, Himachali Chulli oil, Chamba chappal, and Lahauli Knitted socks and gloves.
- GI products are protected under The Geographical Indications of Goods (Registration and Protection) Act, 1999.
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Four iconic cultural and artisan products from Assam have been granted Geographical Indication (GI) status by the Geographical Indications Registry of the Government of India. The newly GI-tagged products are Karbi…
The Department for Promotion of Industry and Internal Trade (DPIIT) has constituted six sector-specific working groups to identify up to 100 products to promote domestic manufacturing and reduce import dependence. The…
Jio Platforms, the technology arm of Reliance Industries, has entered the global top 20 in the latest Patent Cooperation Treaty (PCT) rankings released by the World Intellectual Property Organisation (WIPO). The company…
The Ministry of Electronics and Information Technology (MeitY) launched the "IP Catalyst" initiative and digital platform on 12 May 2026 at the India Habitat Centre in New Delhi. The initiative is implemented by the…
GST Day observed on July 1
Key Updates:
- GST Day is observed on July 1 to mark the anniversary of the Goods and Services Tax (GST) launched on July 1, 2017.
- The GST framework unified India's indirect tax structure by subsuming 17 taxes and 13 cesses under the vision of One Nation, One Tax.
- The system is a destination-based consumption tax featuring a dual structure comprising Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), and Integrated Goods and Services Tax (IGST).
- The Goods and Services Tax Network (GSTN) provides the digital ecosystem for online registration, return filing, and tax administration.
- The GST Council is the institution responsible for making consensus-based policy decisions and revising tax rates.
- GST 2.0 reforms introduced in 2025 established primary tax slabs of 5% and 18%, with a 40% rate on luxury and sin goods including tobacco, online gaming, lottery, aerated drinks, yachts, and private aircraft.
- Compliance measures for small businesses include raising the registration threshold from ₹20 lakh to ₹40 lakh, increasing the Composition Scheme limit to ₹1.5 crore, the Quarterly Return Monthly Payment (QRMP) Scheme, SMS-based NIL return filing, simplified registration for low-risk applicants, lower pre-deposit requirements for appeals, and relief from interest and penalties for eligible legacy tax disputes.
- Tax burdens were reduced through GST exemptions on insurance and essential medicines, and lower rates for the cement and handicrafts sectors.
- Registered GST taxpayers increased from 66.5 lakh in 2017 to 1.65 crore as of May 2026, with annual collections rising from ₹7.4 lakh crore in 2017-18 to nearly ₹22.27 lakh crore in 2025-26.
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The Goods and Services Tax (GST) was implemented on July 1, 2017, to create a unified national market under the vision of one nation, one tax. The Constitution 101st Amendment Act, passed in 2016, empowered the Centre…
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 Ministry of Statistics and Programme Implementation (MoSPI) has released an approach paper for compiling the Index of Service Production (ISP) for the formal sector of the economy. The ISP is designed to capture…
The Income Tax Department (ITD) has revamped its framework for exchanging tax information with foreign authorities to curb cross-border tax evasion. The new framework mandates that information must be shared within 15…
World Sports Journalist Day observed on July 2
Key Updates:
- World Sports Journalist Day is celebrated annually on July 2.
- The day was established on July 2, 1994, by the International Sports Press Association (AIPS).
- The date commemorates the founding anniversary of the AIPS, which was established in 1924 during the Summer Olympics in Paris.
- The day serves as a platform to recognise and award outstanding sports media professionals for their dedication to reporting athletic events.
- In India, sports federations are often controlled by powerful politicians and wealthy businessmen rather than athletes.
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Viswanathan Anand received the Sports Journalists’ Federation of India (SJFI) medal at the Madras Cricket Club (MCC) in Chennai. The award ceremony was hosted in partnership with the Tamil Nadu Sports Journalists’…
Carlos Alcaraz was named the Laureus World Sportsman of the Year. Aryna Sabalenka was named the Laureus World Sportswoman of the Year.
World Press Freedom Day is observed globally on May 3 every year. The United Nations General Assembly (UNGA) proclaimed World Press Freedom Day in 1993.
Indian journalists R.K. Anand and Suparna Sharma won the Pulitzer Prize in the Illustrated Reporting and Commentary category. The award was conferred for their work highlighting digital surveillance and cyber fraud…
Mukesh Ambani and Sunil Bharti Mittal Named Founding Members of AI for Good Global Commission
Key Updates:
- Mukesh Ambani (Chairman, Reliance Industries), Sunil Bharti Mittal (Chairman, Bharti Airtel), Lakshmi N Mittal (Executive Chairman, ArcelorMittal), and Vishal Talwar (President, FedEx Dataworks) were named founding members of the newly launched AI for Good Global Commission.
- The commission was announced by Rwanda President Paul Kagame, Salesforce Chair Marc Benioff, and International Telecommunication Union (ITU) Secretary-General Doreen Bogdan-Martin.
- The high-level international panel includes more than 40 leaders from governments and businesses, including Jensen Huang of Nvidia, Brad Smith of Microsoft, Andy Jassy of Amazon, and Albert Bourla of Pfizer.
- The commission aims to address global digital divides, noting that 2.2 billion people remain offline, and seeks to develop responsible artificial intelligence (AI) solutions across various sectors and geographies.
- The inaugural meeting of the commission is scheduled to be held during the AI for Good Global Summit 2026 in Geneva from July 7 to July 10.
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The US-India Strategic Partnership Forum (USISPF) conferred the 2026 Leadership Award on Sunil Bharti Mittal, the Founder and Chairman of Bharti Enterprises. Mittal was recognised for his contribution to transforming the…
The Confederation of Indian Industry (CII) and NUS-ISS of the National University of Singapore (NUS-ISS) signed a strategic Memorandum of Understanding (MoU) to advance digital leadership and responsible AI governance…
Bajaj Finserv will invest ₹1,500-2,000 crore over five years to build scalability in Artificial Intelligence (AI), cybersecurity, and quantum technologies. The company introduced the Finserv Intelligence initiative to…
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…
Lokhande Prashant Sitaram appointed Chairperson of Central Board of Secondary Education (CBSE)
Key Updates:
- The Appointments Committee of the Cabinet (ACC) assigned Lokhande Prashant Sitaram the additional charge of Chairperson of the CBSE.
- Lokhande concurrently serves as Additional Secretary in the Department of Home under the Ministry of Home Affairs (MHA).
- He is a 2001-batch AGMUT cadre Indian Administrative Service (IAS) officer.
- He is an alumnus of Pune University and National Institute of Industrial Engineering (NITIE) Mumbai, holding a Bachelor of Engineering in Mechanical Engineering and a Postgraduate Diploma in Industrial Engineering.
- CBSE functions under the Ministry of Education and affiliates more than 30,000 schools in India and abroad.
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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…
Bharat Khera, a 1995-batch IAS officer of the Himachal Pradesh cadre, has taken charge as Secretary in the Ministry of Micro, Small and Medium Enterprises (MSME). Prior to this appointment, he served as Additional…
Prashant Pise has been appointed as the Ambassador of India to the Sultanate of Oman by the Ministry of External Affairs (MEA). Pise is a 1995 batch Indian Foreign Service (IFS) officer.
Sanjay Jaju, a 1992 batch Indian Administrative Service (IAS) officer and former secretary of the Ministry of Development of North-East Region, was appointed as the new Chief Secretary of Telangana. Sanjay Jaju succeeds…
Lt. Gen. Madan Mohan Lakhera Passes Away as Former Governor of Mizoram
Key Updates:
- Lt. Gen. Madan Mohan Lakhera died at the age of 88 at a private hospital in Dehradun.
- He served as the Governor of Mizoram from 25 July 2006 to 1 September 2011.
- He served as the Lieutenant Governor and Administrator of Puducherry from 7 July 2004.
- He held additional charge as the Lieutenant Governor of the Andaman and Nicobar Islands from 29 November 2005.
- He served in the Indian Army and participated in the 1961 Goa operation and the Indo-Pakistan wars of 1965 and 1971 in the Jammu & Kashmir sector.
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Lieutenant General Vijay Oberoi, the former Vice Chief of Army Staff, passed away at the age of 84 at the Chandigarh Army Hospital. He was commissioned into the Maratha Light Infantry in June 1961 and lost his right leg…
Swapan Sadhan Bose, a former president of Mohun Bagan, died at the age of 79 in Kolkata on Tuesday. He passed away after suffering a cardiac arrest.
B C Khanduri, former Uttarakhand Chief Minister and senior Bharatiya Janata Party (BJP) leader, passed away on Monday. He was undergoing treatment at a private hospital in Dehradun at the time of his death.
Dr Gopalrao Patil, a former Rajya Sabha member and paediatrician, passed away at the age of 94 in Latur, Maharashtra. He served as a member of the Rajya Sabha representing the Bharatiya Janata Party (BJP) between 1994…
Puviyarasu, Tamil Poet and Translator, Dies
Key Updates:
- Puviyarasu, a renowned Tamil poet, translator, screenwriter, and actor, died at the age of 96 in Coimbatore.
- He was among the few Indian litterateurs to win the Sahitya Akademi Award twice, for translation and poetry.
- In 2006, he received the Sahitya Akademi Award for translating the Bengali poem 'Bidrohi' by Kazi Nazrul Islam into Tamil as 'Puratchikaran'.
- In 2009, he won his second Sahitya Akademi Award for the poetry collection 'Kaiyoppam'.
- He was a founding member of Vaanampaadi, a movement that popularised Tamil free verse.
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Vijaya Mehta, a veteran Marathi theatre director, actor, and producer, passed away at the age of 91. She co-founded the Rangayan theatre group in the 1960s alongside Vijay Tendulkar, Shriram Lagoo, and Arvind Deshpande.
Guru Muni Narayana Prasad, the head of Narayana Gurukula in Varkala and a renowned philosopher, passed away at the age of 87 in Thiruvananthapuram, Kerala. He was conferred with the Padma Shri in 2024 for his significant…
K Bhagyaraj, a Tamil actor and director, passed away at the age of 73 at Apollo Hospitals in Chennai. Born as Krishnaswamy Bhagyaraj on January 7, 1953, near Gobichettipalayam.
A.C. Sreehari was a poet, writer, and academic who passed away at the age of 56 following a heart attack. He served as the former head of the Department of English at Payyanur College.
Biswanath Sinha Assumed Charge as Kerala Chief Secretary
Key Updates:
- Biswanath Sinha, a 1992 batch Indian Administrative Service (IAS) officer, assumed charge as the Chief Secretary of the Government of Kerala.
- He succeeded Dr A. Jayathilak, who retired from service on June 30.
- Prior to this appointment, Sinha served as the Additional Chief Secretary of the Home & Vigilance Department.
- He has previously served as the District Collector of Kottayam, Wayanad, and Kozhikode.
- His previous roles include Additional Secretary of the Planning & Economic Affairs Department, Additional Chief Secretary of the Finance Department, Additional Chief Secretary of the Store Purchase Department, and Chief Executive Officer of the Rebuild Kerala Initiative.
- He has served as the Additional Resident Commissioner at Kerala House in New Delhi and Joint Secretary in the Ministry of Environment, Forest and Climate Change (MoEFCC).
- He has also held the position of Principal Secretary in the Personnel & General Administration, Finance, and SC/ST Development and Social Justice Departments.
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V D Satheesan was appointed as the Chief Minister of Kerala on 14 May 2026. The 61-year-old appointee previously served as the Leader of the Opposition.
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…
Sanjay Jaju, a 1992 batch Indian Administrative Service (IAS) officer and former secretary of the Ministry of Development of North-East Region, was appointed as the new Chief Secretary of Telangana. Sanjay Jaju succeeds…
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…
Mylswamy Annadurai Appointed Chairman of Curriculum Design Committee for School Education in Tamil Nadu
Key Updates:
- Former Indian Space Research Organisation (ISRO) scientist Mylswamy Annadurai has been appointed as the Chairman of the Curriculum Design Committee for School Education in Tamil Nadu for a three-year tenure.
- The committee is mandated to modernise the school syllabus for over 1.3 crore students with a specific focus on science, technology, Artificial Intelligence (AI), and critical thinking.
- Mylswamy Annadurai previously served as the Project Director for Chandrayaan-1, India’s first lunar mission, and as the Programme Director for the Mars Orbiter Mission (MOM), also known as Mangalyaan.
- He was conferred with the Padma Shri in 2016 and served as the Director of the ISRO Satellite Centre from 2015 to 2018, where he oversaw the development and launch of 30 satellites.
- The 14-member committee includes Right to Education (RTE) activist Anantajit Makia, physicist Rita John, scientist T. V. Venkateswaran, and historian K. Rajan, with the State Council of Educational Research and Training (SCERT) Director serving as the member-secretary.
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Seven Indian schools have been named in the top 10 shortlist for the World’s Best School Prizes 2026, setting a record for the highest number of schools from a single country in one year. The prizes were founded by…
Professor Susan Elias, a computer scientist, has been appointed as the 14th principal of St Stephen’s College in New Delhi. This appointment marks the first time a woman will lead the institution in its 145-year history…
Tibor Derdak co-founded the Dr Ambedkar School in Miskolc, Hungary, 20 years ago to serve the long-oppressed Roma community. The school operates under a brass plaque inscribed in Hungarian and Hindi, and an Ambedkar…
The Uttar Pradesh government announced the second phase of the School Chalo Abhiyan, scheduled from July 1 to July 15. The campaign aims to achieve universal school enrolment, re-enrol children who have dropped out, and…
