LIC has raised its shareholding in Central Bank of India from 3.16 per cent to 6.06 per cent. LIC acquired 26.26 crore shares, representing a 2.901 per cent stake, through a market purchase.
Government of India offers 6.5% stake in LIC via OFS at ₹382 floor price
Key Updates:
- The Government of India is selling up to a 6.5% stake in Life Insurance Corporation of India (LIC) through an Offer for Sale (OFS) at a floor price of ₹382 per share.
- Retail investors will receive a discount of ₹15 per share on the final discovered price.
- The OFS includes a base issue of 12.65 crore shares (2% equity) and a greenshoe option of 28.46 crore shares (4.5%), totalling up to 41.11 crore shares.
- Retail investors can bid on August 5, 2026, between 9:15 am and 3:30 pm; the non-retail portion was subscribed 1.66 times on August 4.
- At least 10% of the offer is reserved for retail investors, and 25% for mutual funds and insurance companies.
- The government held a 96.5% stake in LIC as of June 30, 2026; the OFS aims to raise public shareholding to 10% to meet Sebi's minimum public shareholding norms by May 2027.
- The floor price of ₹382 is an 11% discount to LIC's previous closing price of ₹428.50 on the NSE.
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State Bank of India (SBI) has sold a 1.42% stake in its asset management arm, SBI Funds Management Ltd (SBIFM), to 30 investors for ₹1,655 crore in a pre-IPO placement round. The stake was sold at ₹574 per share, which…
India's economy grew by 7.6% in FY2025-26, compared to 7.1% in the previous year, according to the Reserve Bank of India (RBI). India's foreign exchange reserves stood at $681.4 billion for the week ending May 22, 2026.
Section 498A of the Indian Penal Code (IPC) was introduced in 1983 to protect married women from cruelty, harassment, and dowry-related abuse by husbands or their relatives. Under Section 498A, cruelty by a husband or…
Finance Ministry Announces 99.92% Banking Coverage in Inhabited Villages
Key Updates:
- India has achieved 99.92% banking coverage, with 6,00,868 out of 6,01,328 inhabited villages served by a banking outlet within a 5 km radius.
- Banking outlets include bank branches, Business Correspondents (BCs), and India Post Payments Bank (IPPB) branches.
- As of 17 July 2026, India has over 1.81 lakh bank branches, 17.36 lakh Business Correspondents, and 1.65 lakh India Post Payments Bank centres.
- There are 58.77 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts with total deposits of ₹3,12,414 crore.
- The Reserve Bank of India (RBI) permits banks to open branches anywhere without prior approval, provided 25% of new branches are opened in unbanked rural areas.
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On July 1, 2026, Razorpay partnered with NBBL, a wholly owned subsidiary of National Payments Corporation of India (NPCI), to launch Banking Connect. Banking Connect is a mobile-first solution that modernises NetBanking…
India has partnered with 24 countries to adopt components of India Stack, including the Unified Payments Interface (UPI) and DigiLocker. UPI merchant payments are now available in Bhutan, France, Mauritius, Nepal, Qatar…
Under the Vibrant Villages Programme (VVP), the government approved 111 road projects to connect 134 unconnected villages along the India-China border. The approved road projects have a total cost of ₹2,481.93 crore.
The Gujarat government implemented the Nal Se Jal mission to provide clean drinking water to remote villages in the Dang district. The state's efforts are aligned with the Central Government's Har Ghar Jal initiative.
REC and PFC sign Rs 26,850 crore loan agreement for 2,400 MW Meja Thermal Power Project expansion
Key Updates:
- REC Limited and Power Finance Corporation Limited (PFC) signed a Rs 26,850 crore common loan agreement with Meja Urja Nigam Private Limited (MUNPL) to finance a 2,400 MW thermal power expansion in Uttar Pradesh.
- MUNPL is an equal joint venture between NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL).
- The expansion project, Stage-II of Meja Thermal Power Project in Prayagraj district, will establish three ultra-supercritical units of 800 MW each.
- The overall estimated completion cost of the expansion project is Rs 38,357.81 crore.
- REC Limited is the lead financer, with the total debt facility funded equally on a 50:50 basis between REC and PFC.
- The project incorporates an air-cooled condenser system and advanced thermal technology for operational efficiency.
- The expansion aims to strengthen energy security in Uttar Pradesh and support residential, agricultural, and industrial consumers.
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The President of India has granted approval for the merger of REC Ltd into Power Finance Corporation (PFC). The Ministry of Power conveyed the approval of the Competent Authority through an official letter dated June 10…
NLC India Renewables Ltd (NIRL), an arm of NLC India Ltd, has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 900 MW solar power project. The project was awarded through a tariff-based…
Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, secured a green loan worth JPY 80 billion from the Japan Bank for International Cooperation…
The Maharashtra government signed Memorandums of Understanding (MoUs) with four companies for nuclear power generation projects with a total capacity of 25,400 MW and investments amounting to ₹6.5 lakh crore. National…
Securities and Exchange Board of India (SEBI) extends digital accessibility audit deadline to October 31, 2026
Key Updates:
- The Securities and Exchange Board of India (SEBI) extended the deadline for regulated entities to complete digital accessibility audits and resolve platform issues to October 31, 2026.
- Earlier deadlines were April 30 for completing the audit and July 31 for remediation of audit findings.
- The extension was granted following formal requests from industry stakeholders who needed more time to meet the legal requirements of the Rights of Persons with Disabilities Act.
- In July 2025, SEBI had mandated all regulated entities to ensure their digital platforms are accessible to persons with disabilities.
- The move aims to foster inclusivity in financial services and ensure equal access to market infrastructure for investors with disabilities.
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The Securities and Exchange Board of India (SEBI) approved the Green-Channel: AIF Rollout Upon Document Acknowledgement (GARUDA) mechanism to accelerate the launch of Alternative Investment Fund (AIF) schemes. The…
The Securities and Exchange Board of India (SEBI) proposed the Green-Channel: AIF Rollout Upon Document Acknowledgement (GARUDA) to reduce the scheme launch period from 30 working days to 10 working days after filing…
The Bharath Digital Infrastructure Association (BDIA) announced Bharat Digital Samvad, which is India's first dedicated national forum on digital sovereignty and infrastructure policy. The summit is scheduled for 20 May…
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…
State Bank of India (SBI) Research projects India's Q1 FY27 GDP growth at around 7%
Key Updates:
- India's economy is likely to have expanded by around 7% in the April-June quarter of FY27.
- SBI Research expects the Reserve Bank of India (RBI) to keep policy rates unchanged in the near term.
- CPI inflation is projected to remain above 5% over the next two quarters, with average inflation for FY27 likely around 5%.
- RBI's outstanding short-term forward positions declined by about $13 billion by end of June, including a $10 billion reduction in contracts with maturities up to one month.
- Long-term forward positions increased from $56 billion to $64 billion.
- The rupee depreciated 11.26% since April 1, 2025, but has appreciated about 1.2% from July 24 levels.
- Surplus rainfall in July reduced the nationwide rainfall deficit to 13%, with kharif sowing only 4.7% below the corresponding period in 2025.
- The Indian Ocean Dipole (IOD) entered positive territory for the first time during the week ended July 26.
- Inflation for Q1 FY27 stood at 3.9%.
- Industry and personal loans together accounted for nearly 63% of total incremental credit growth during April-June 2026.
- Loans against gold jewellery accounted for 42% of incremental personal loan growth, amounting to about ₹74,200 crore out of ₹1.74 lakh crore.
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ICRA has projected India’s Gross Domestic Product (GDP) growth at 6.4–6.6 per cent for the April-June quarter (Q1 FY27). The projected GDP growth in Q1 FY27 is lower than the 7.8 per cent growth recorded in the…
State Bank of India (SBI) expects India's real GDP growth to reach nearly 7.2 per cent in the final quarter of the 2025-26 fiscal year. The SBI projects the full-year GDP growth for FY26 to be 7.5 per cent and for FY27…
S&P Global (S&P) has lowered India’s economic growth projection for the financial year 2026-27 (FY27) to 6.6% from its earlier estimate of 7.1%. The Gross Domestic Product (GDP) growth for the financial year ended March…
India's economic growth for the financial year 2025-26 (FY26) reached 7.7%, compared to 7.1% in the previous year. The economy expanded by 7.8% in the January-March quarter of FY26, adopting 2022–23 as the new base year…
Union Health Ministry launches 'Jug Jug Jiyo Abhiyaan' to promote organ donation
Key Updates:
- The Union Ministry of Health and Family Welfare launched the 'Jug Jug Jiyo Abhiyaan' on the 16th Indian Organ Donation Day.
- The campaign is a year-long nationwide awareness initiative to promote organ donation across communities.
- The Ministry also launched the NOTTO Mobile App to support organ donation efforts.
- The Ministry unveiled the National Brain Stem Death Certification Guidelines and the National Guidelines on Swap Transplantation to standardise practices.
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India has surpassed 5 lakh organ donation pledges to promote voluntary organ and tissue donation and strengthen the transplantation ecosystem. The National Organ and Tissue Transplant Organization (NOTTO) is the body…
Tamil Nadu (TN) recorded a Gross Enrolment Ratio (GER) of 52.3% in higher education according to the All India Survey on Higher Education (AISHE) report for 2023-24. The state surpassed the 50% enrolment mark for the…
Tamil Nadu Chief Minister Vijay launched the 'Nalam TN' digital health portal to provide access to government health services through a single website. The Chief Minister inaugurated medical infrastructure worth ₹139.47…
C Joseph Vijay, founder of Tamilaga Vettri Kazhagam (TVK), took oath as the Chief Minister of Tamil Nadu. Governor Rajendra Vishwanath Arlekar administered the oath of office at the Jawaharlal Nehru Indoor Stadium in…
India Semiconductor Mission: PM lays foundation stone for ₹460 crore semiconductor facility in Andhra Pradesh
Key Updates:
- The Prime Minister laid the foundation stone of the ASIP Semiconductor Project at Visakhapatnam, with an investment of over ₹460 crore, under the India Semiconductor Mission.
- The Prime Minister inaugurated the Alluri Sitarama Raju International Airport at Bhogapuram, developed at a cost of over ₹5,640 crore.
- The Prime Minister laid the foundation stone for the Transmission System for Integration of Kurnool-IV Renewable Energy Zone (REZ) – Phase-I (4.5 GW) with an investment of about ₹5,550 crore.
- The Prime Minister inaugurated the Transmission System for Kurnool Wind Energy Zone / Solar Energy Zone (Andhra Pradesh) – Part A & Part B at a cost of around ₹3,550 crore.
- The Prime Minister inaugurated the Transmission Scheme for Solar Energy Zone in Ananthapuram (2,500 MW) and Kurnool (1,000 MW) at a cost of over ₹820 crore.
- The Prime Minister dedicated and laid the foundation stone of National Highway projects worth over ₹1,880 crore.
- The Prime Minister inaugurated the Swami Vivekananda Cultural Youth Centre – Viveka Smaraka at Mysuru, which commemorates Swami Vivekananda's visit to Mysuru in 1892.
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The Art of Living, founded in 1981 by Gurudev Sri Sri Ravi Shankar, celebrated its 45th anniversary and the 70th birthday of its founder at the Art of Living International Centre in Bengaluru. The PM MITRA Park at…
Prime Minister Narendra Modi became the first Indian PM to visit New Zealand in 40 years during his two-day visit on July 10-11, 2026. India and New Zealand elevated their bilateral ties to a Strategic Partnership and…
Prime Minister Narendra Modi visited Haryana, Chandigarh and Punjab on July 17, 2026, unveiling development projects worth around Rs 26,800 crore. He flagged off India's first hydrogen-powered train between Jind and…
The third India-Australia Annual Summit was held in Melbourne from July 8 to 10, 2026, between Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese. India and Australia signed a Joint Declaration…
Cotton Productivity Mission with ₹5,659 Crore Outlay Highlighted; Four MoUs Signed at CCI Foundation Day
Key Updates:
- Union Textiles Minister Giriraj Singh highlighted the Cotton Productivity Mission, with an outlay of ₹5,659 crore, at the 56th Foundation Day celebrations of the Cotton Corporation of India (CCI).
- The Cotton Productivity Mission is expected to improve cotton productivity and fibre quality and enhance India's competitiveness in global textile supply chains.
- The Minimum Support Price (MSP) for the 2026-27 cotton season has been raised by around 7%.
- CCI procured more than 522 lakh quintals of seed cotton in the 2025-26 cotton season through nearly 24 lakh farmer transactions and transferred ₹41,530 crore directly into Aadhaar-linked bank accounts under the MSP programme.
- Four memoranda of understanding (MoUs) were signed involving CCI, ICAR-CIRCOT, GIZ, industry bodies and private-sector participants to strengthen quality standards, sustainability, traceability and market access.
- The partnership focus areas include improving ginning quality, promoting climate-smart cultivation and expanding certified cotton production under the Kasturi Cotton Bharat programme.
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Andhra Pradesh and Australia signed four MoUs covering clean energy, advanced manufacturing, inclusive education, student mental health and skill development. The MoUs were signed in the presence of Andhra Pradesh HRD…
Union Minister Dr. Jitendra Singh dedicated the UMMID (Unique Methods of Management of Inherited Disorders) programme to the nation on 21 May 2026. The programme is designed to improve early diagnosis, screening…
Bharat Tex 2026, India's largest global textile event, was held in New Delhi from July 14 to 17, 2026. The event was inaugurated by Textiles Minister Giriraj Singh on July 14, 2026.
The Union Minister of Agriculture and Farmers Welfare and Rural Development launched the 'PRAGATI' initiative to create a nationwide ecosystem of 20,000 agri entrepreneurs. The initiative focuses on advancing…
India launches Clouded Leopard Conservation Action Plan on International Clouded Leopard Day
Key Updates:
- India launched the Clouded Leopard Conservation Action Plan (CAP) on International Clouded Leopard Day, observed annually on August 4.
- The clouded leopard is listed under Schedule I of the Wild Life Protection Act (WPA), 1972, providing absolute protection from hunting, trade and possession.
- The species persists in small, isolated populations across Assam, Arunachal Pradesh, Meghalaya, Nagaland, Mizoram, Manipur, Tripura, and northern parts of West Bengal and Bihar.
- There is still no reliable estimate of the species' total population in India.
- The CAP identifies 14 priority conservation landscapes across the Northeast.
- The action plan includes standardised scientific monitoring through camera traps, occupancy surveys, genetics and environmental DNA.
- The plan promotes community-based conservation and sustainable livelihood support, and encourages transboundary cooperation with neighbouring range countries.
- The clouded leopard is among the most evolutionarily distinct and least studied felids in Asia.
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International Tiger Day is observed annually on July 29 to raise awareness about tiger conservation. The day was established in 2010 at the Saint Petersburg Tiger Summit, where the TX2 initiative was launched to double…
Lieutenant Governor Vinai Kumar Saxena approved the constitution of the Snow leopard and High-Altitude Nature (SHAN) conservation society in Ladakh. SHAN will operate under the Department of Environment and Forests…
Union Environment Minister Bhupender Yadav inaugurated the Lion Species Spotlight Programme at Gir National Park in Gujarat as a pre-summit event for the International Big Cat Alliance (IBCA) Summit 2026. India is…
Saudi Arabia is set to join the International Big Cat Alliance (IBCA) as its 26th member country. The IBCA was launched by India to promote coordinated global action for protecting major big cat species and their…
Glaw Lake Becomes Arunachal Pradesh's First Ramsar Site, India's 101st
Key Updates:
- Glaw Lake, located inside the Kamlang Tiger Reserve and Wildlife Sanctuary in Arunachal Pradesh, has been designated as the state's first Ramsar site and India's 101st.
- The designation was announced by Union Environment Minister Bhupender Yadav on August 3, 2026.
- Ramsar sites are wetlands of international importance under the Ramsar Convention, an environmental treaty established in 1971 to conserve biodiversity, particularly waterfowl habitats.
- The lake is a pristine freshwater lake in the Eastern Himalayas, described as a biodiversity hotspot.
- It is fed by perennial mountain streams and surrounded by lush vegetation, with more than 150 tree species and 49 orchid species recorded within the site and its catchment.
- India's number of Ramsar sites has grown from 26 in 2014 to 101 currently, reflecting the country's commitment to wetland conservation.
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Jai Prakash Narayan Bird Sanctuary, also known as Surha Tal, located in Ballia, Uttar Pradesh, has been designated as India's 100th Ramsar site. The announcement was made by Prime Minister Narendra Modi on 5 June…
Varsha Ashok Aglawe took charge as the 54th Director General of the Geological Survey of India (GSI), becoming the first woman to lead the 176-year-old organisation. She succeeded Asit Saha, who served as Director…
The National Biodiversity Authority (NBA) has officially notified the Borjuli Wetland, located in the Sonitpur district of Assam, as a Biodiversity Heritage site. The Borjuli Wetland is a 0.41-hectare island renowned for…
India introduced Biodiversity Heritage Sites (BHS) under Section 37 of the Biological Diversity Act, 2002, with the National Biodiversity Authority (NBA) reporting 54 such sites as of March 2026. Nallur Tamarind Grove in…
Indian Organ Donation Day 2026 observed on August 3
Key Updates:
- Indian Organ Donation Day 2026 is observed on August 3, 2026.
- The day commemorates India's first successful deceased-donor heart transplant performed on August 3, 1994.
- Indian Organ Donation Day has been observed on August 3 since 2023; earlier, it was held on November 27.
- The national event for 2026 will be held at Bhim Hall, Dr. Ambedkar International Centre, New Delhi.
- The National Organ and Tissue Transplant Organization (NOTTO) is leading nationwide awareness campaigns for the day.
- The nationwide campaign 'Angdaan (Jeevan Sanjeevani Abhiyaan)' encourages organ donation awareness and voluntary donor registration.
- A single deceased organ donor can save up to 8 lives, while tissue donation can improve the lives of many more people.
- Organs and tissues that can be donated after death include kidneys, liver, heart, lungs, pancreas, corneas, skin, bone, heart valves, and tendons.
- Adults can voluntarily register as organ donors through NOTTO or other authorized government organ donation programmes.
- Organ and tissue donation is performed in accordance with the Transplantation of Human Organs and Tissues Act (THOTA) and national ethical guidelines.
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India has surpassed 5 lakh organ donation pledges to promote voluntary organ and tissue donation and strengthen the transplantation ecosystem. The National Organ and Tissue Transplant Organization (NOTTO) is the body…
World Blood Donor Day is observed worldwide on 14 June 2026. The official theme for the 2026 observance is One Drop of Humanity. Give Blood. Save Lives.
World Hepatitis Day is observed globally on July 28 every year. The World Health Organisation (WHO) named the 2026 campaign as 'Hepatitis: Let’s Break It Down'.
National Doctors' Day is celebrated in India every year on July 1 to recognise the contribution of doctors to society. The theme for National Doctors' Day 2026 is "Behind the Mask: Who Heals the Healers?".
World Breastfeeding Week 2026 observed from August 1 to 7
Key Updates:
- World Breastfeeding Week is observed annually from August 1 to 7.
- The week is organized by the World Alliance for Breastfeeding Action (WABA) in collaboration with the World Health Organization (WHO) and UNICEF.
- World Breastfeeding Week has been celebrated since 1992.
- In 2016, the week aligned its mission with the Sustainable Development Goals (SDGs).
- Dr. Ruth A. Lawrence, a pioneer in lactation medicine, authored the textbook 'Breastfeeding: A Guide for the Medical Profession'.
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World FinTech Day is celebrated annually on August 1. The day commemorates the passing of Cosimo de Medici in 1464, regarded as one of the architects of modern banking.
Prime Minister Narendra Modi will launch the 'Nasha Mukta Yuva for Viksit Bharat Sankalp Abhiyaan' on August 2, 2026. The campaign is led by the Union Ministry of Youth Affairs and Sports.
World Allergy Week 2026 is observed from 21-27 June. The campaign is launched by the World Allergy Organization (WAO).
The International Week of Solidarity with the Peoples of Non-Self-Governing Territories is observed annually from May 25-31. The United Nations (UN) defines a Non-Self-Governing Territory as a territory whose people have…
Annapurni Subramaniam Wins COSPAR Vikram Sarabhai Medal 2026
Key Updates:
- Annapurni Subramaniam, director of Indian Institute of Astrophysics (IIA), Bengaluru, was awarded the COSPAR Vikram Sarabhai Medal 2026.
- The medal is awarded jointly by the Committee on Space Research (COSPAR) and the Indian Space Research Organisation (ISRO) to scientists from developing countries.
- She is the fourth Indian, the first Indian woman scientist, and the third female recipient of this medal.
- The medal was presented during the 46th COSPAR Scientific Assembly held in Florence, Italy.
- She specializes in stellar physics and studies star clusters and nearby galaxies.
- She served as calibration scientist for the Ultra-violet Imaging Telescope (UVIT) onboard AstroSat, India's first space-based telescope launched in 2015.
- She is involved in the Thirty Metre Telescope (TMT) project, in which India is a participating member.
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U.P. Rajeev has been appointed as the Director of the Vikram Sarabhai Space Centre (VSSC) in Thiruvananthapuram. He previously served as the Associate Director Research and Development at VSSC.
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’…
Neeraj Chopra and Parul Chaudhary were named the Best Male and Female Athletes of the Year at the inaugural Indian Athletics Awards, organised by the Athletics Federation of India (AFI). Legendary sprinter P T Usha was…
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…
Nathan Thomas Became World's Youngest Male Professor
Key Updates:
- Nathan Thomas, an 18-year-old from Florida, became the world's youngest male professor at the age of 18 years and 346 days.
- He broke a 306-year-old Guinness World Record previously held by Scottish mathematician Colin Maclaurin, who became a professor at age 19 in 1717.
- He joined Miami Dade College as an engineering instructor, teaching the course C for Engineers (COP 2270) starting in August 2023.
- He dual-enrolled at Miami Dade College at age 10 and later transferred to Florida International University, where he completed bachelor's and master's degrees in electrical engineering with honours.
- He is pursuing a Juris Doctor degree at the University of Miami School of Law, with expected graduation in 2028, and aims to specialise in intellectual property law.
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Vaibhav Sooryavanshi became the youngest player to score a T20I fifty at the age of 15 years and 118 days. He achieved this record during the 1st T20I between India and Zimbabwe at Harare.
The Ahmedabad Municipal Corporation (AMC) set a Guinness World Record by planting 3.61 lakh saplings in one hour. The plantation drive was conducted at Bhadaj in the Thaltej Ward using the Japanese Miyawaki afforestation…
Mera Yuva Bharat (MY Bharat), the flagship youth engagement platform of the Department of Youth Affairs, achieved a Guinness World Records title for the highest participation in an online quiz within one week. The record…
Yashasvi Jaiswal and Urvil Patel jointly hold the record for the fastest half century in Indian Premier League (IPL) history, both achieving the feat in 13 balls. Yashasvi Jaiswal scored the 13-ball fifty for Rajasthan…
DK Shivakumar to Induct 20 Ministers into Karnataka Cabinet
Key Updates:
- The All India Congress Committee (AICC) approved 20 names for induction into the Karnataka cabinet, with the swearing-in ceremony scheduled for August 3, 2026.
- The induction of 20 new ministers will take the Karnataka cabinet to its full sanctioned strength of 34 ministers, including Chief Minister DK Shivakumar.
- SS Mallikarjuna was included in the final list, replacing Mankal Vaidya, whose name was a typing error.
- GS Patil was approved as the new Speaker of the Karnataka Legislative Assembly, and AS Ponnanna as Deputy Speaker.
- Saleem Ahmed was named the new Chairman of the Karnataka Legislative Council, and Umashree as Deputy Chairperson.
- DK Shivakumar was sworn in as Chief Minister on June 3, 2026, succeeding Siddaramaiah, who resigned on May 28, 2026.
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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…
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, founder of Tamilaga Vettri Kazhagam (TVK), took oath as the Chief Minister of Tamil Nadu. Governor Rajendra Vishwanath Arlekar administered the oath of office at the Jawaharlal Nehru Indoor Stadium in…
The Kerala Cabinet approved a five-point administrative reforms programme led by the General Administration Department. A Special Asset Management Platform will be developed as a registry of all government assets…
Monisha Chakraborty Appointed Executive Director of Reserve Bank of India (RBI)
Key Updates:
- The Reserve Bank of India (RBI) appointed Monisha Chakraborty as Executive Director with effect from August 3, 2026.
- Prior to this, she served as Chief General Manager-in-Charge in the Department of Supervision.
- She has over three decades of experience in the RBI, having worked in Supervision, Foreign Exchange, and Government and Bank Accounts.
- She will oversee the Foreign Exchange Department and the Financial Markets Regulation Department.
- She has also served as Banking Ombudsman and was associated with a technical committee on the RBI's Balance Sheet and Profit and Loss Account.
- She holds a degree in Economics and a Master's degree in Business Economics from Delhi University.
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The Reserve Bank of India (RBI) has elevated five senior officers to the post of executive director. The newly empanelled executive directors are Gunveer Singh, Monisha Chakraborty, Suman Ray, Sudhakar Malli and Ravi…
Ravi Shankar has been appointed as the Executive Director (ED) of the Reserve Bank of India (RBI) with immediate effect. Shankar will be responsible for overseeing the Department of Statistics and Information Management.
Rajiv Kumar appointed as Part-time (Non-Executive) Chairman of HDFC Bank for a period of three years, subject to the approval of the Reserve Bank of India (RBI). He is appointed as an Additional (Independent) Director of…
The Reserve Bank of India (RBI) has appointed Shri Gunveer Singh as the new Executive Director (ED). The RBI issued revised draft amendment directions regarding the Conduct of Regulated Entities in Recovery of Loans and…
Meena Bindra Topped 2026 Candere Hurun India Women Leaders List; Avani Lekhara Youngest in Top 10
Key Updates:
- The 2026 Candere Hurun India Women Leaders List, released by Hurun India, recognises 117 women across 12 sectors.
- Meena Bindra of BIBA topped the list, while Paralympian Avani Lekhara was the youngest in the top 10, ranked 6th.
- Selection for the list was based on quantitative metrics such as company valuations, annual revenues, athletic achievements, and digital presence.
- The top 10 also included Tushara Shankar (Lupin) at rank 2, Rajni Bector (Bectors Food Specialities) at rank 3, and Vaishali Nigam Sinha (ReNew Power) at rank 4.
- In the separate Youngest Leaders list, Paralympian Sheetal Devi topped it, while Roshni Nadar Malhotra rounded out the top 10.
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Smriti Mandhana is the only Indian athlete featured in TIME magazine's 100 Most Influential People in Sports 2026. She has been placed in the 'Titans' category alongside Cristiano Ronaldo, Erling Haaland, and Temba…
Nita Ambani, Founder and Chairperson of Reliance Foundation, received the Fortune India Most Powerful Women honour at an event in Mumbai on July 10, 2026. The event was held at the Four Seasons Hotel Mumbai and featured…
The Election Commission of India (ECI) appointed Neelam Meena as the new Chief Electoral Officer (CEO) of West Bengal. She succeeds Manoj Kumar Agarwal, who was elevated to the post of chief secretary.
Vaibhav Sooryavanshi became the youngest player to score a T20I fifty at the age of 15 years and 118 days. He achieved this record during the 1st T20I between India and Zimbabwe at Harare.
K Rajaraman Gets Extension as International Financial Services Centres Authority (IFSCA) Chairperson
Key Updates:
- K Rajaraman's tenure as Chairperson of the International Financial Services Centres Authority (IFSCA) has been extended beyond July 31, 2026, until October 2028 or until further orders.
- He assumed charge as IFSCA Chairperson on August 1, 2023.
- Rajaraman is a retired 1989-batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre.
- He previously served as Secretary in the Department of Telecommunications.
- He also held positions such as Additional Secretary in the Department of Economic Affairs and Joint Secretary in the Department of Expenditure under the Ministry of Finance.
- Rajaraman holds a B-Tech degree (gold medallist), an MBA, and a Master's degree in Economics.
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The Reserve Bank of India (RBI) approved a three-month extension of Keki Mistry's tenure as interim part-time chairman of HDFC Bank until September 18, 2026, or until a regular chairman is appointed. Keki Mistry was…
Anurag Garg is a 1993 batch Indian Police Service (IPS) officer of the Himachal Pradesh cadre. Garg was appointed as the Director General (DG) of the Narcotics Control Bureau (NCB) in September 2024.
The Central Board of Indirect Taxes and Customs (CBIC) has extended the anti-dumping duty on seamless tubes, pipes, and hollow profiles of iron, alloy, or non-alloy steel. The levy has been extended up to and inclusive…
The Centre extended the validity of the Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0) until August 31, 2026, or until guarantees covering ₹20,000 crore are issued, whichever occurs first. The…
Vice Admiral AN Pramod Assumes Charge as Deputy Chief of Naval Staff
Key Updates:
- Vice Admiral AN Pramod assumed charge as Deputy Chief of Naval Staff of the Indian Navy (IN).
- He is a CAT 'A' Sea King Air Operations Officer and a Communication and Electronic Warfare Specialist.
- He has over 36 years of distinguished service and has commanded INS Abhay, INS Shardul, and INS Satpura.
- He participated in Operation Vijay (1999) and Operation Parakram (2001).
- He served as Director General Naval Operations (DGNO) from December 2023 to July 2026.
- He was awarded the Ati Vishisht Seva Medal in 2024 and the Yudh Seva Medal in 2025.
- He succeeded Vice Admiral Tarun Sobti, who superannuated on July 31, 2026.
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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.
Vice Admiral Sanjay Vatsayan assumed charge as the Flag Officer Commanding-in-Chief, Western Naval Command, in Mumbai on 30 May 2026. Prior to this appointment, he served as the 47th Vice Chief of the Naval Staff at…
Admiral Krishna Swaminathan assumed charge as the 27th Chief of the Naval Staff (CNS) of the Indian Navy on May 31, 2026. He succeeded Admiral Dinesh Kumar Tripathi, who retired after completing his tenure as Navy chief.
Vice Admiral Krishna Swaminathan was appointed as the Chief of the Naval Staff by the Ministry of Defence (MoD). Admiral Dinesh Kumar Tripathi, the current Chief of the Naval Staff, will retire from service on May 31…
Record-Breaking Mountaineer Nirmal Purja Passed Away
Key Updates:
- Nirmal Purja, a 43-year-old Nepalese mountaineer, died in an avalanche on Broad Peak in Pakistan.
- He was among 10 mountaineers from multiple nations killed in the avalanche.
- Purja set a world record in 2019 by climbing all 14 peaks above 8,000 meters in just over six months.
- He was a former British army soldier and founded the Nimsdai Foundation in 2022.
- He used his platform to highlight the contributions of Nepal's Sherpa community.
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Glen Hansard, an Oscar-winning Irish musician, died at the age of 56 in a motorbike crash in Dublin. He was the lead singer of the rock band The Frames.
Kailash Chandra Pant, a Hindi writer and journalist, died at the age of 90 on July 31, 2026, due to cardiac arrest. He was born on April 26, 1936, in Mhow, Indore district, Madhya Pradesh.
General Vishwa Nath Sharma, former Chief of Army Staff, passed away due to natural causes in New Delhi on July 31, 2026, at the age of 96. He was commissioned into the 16th Light Cavalry in 1950 and became the first…
H. Hanumanthappa, a former Rajya Sabha member and senior Indian National Congress (INC) leader, died at the age of 94. He passed away on July 12, 2026, in Bengaluru due to age-related illness.
