Lt Gen Pushpendra Pal Singh to assume charge as General Officer Commanding-in-Chief (GOC-in-C) of Western Command.
[Western Command (India)]
Key Updates:
- Lt Gen Pushpendra Pal Singh will take over as GOC-in-C of Western Command at Chandimandir at month-end upon the retirement of Lt Gen M K Katiyar.
- He is currently serving as Vice Chief of the Army Staff (VCOAS) since 31 July 2025.
- He was commissioned into the 4th Battalion, The Parachute Regiment on 19 December 1987.
- He has participated in Operation Pawan (Sri Lanka), Operation Meghdoot (Siachen Glacier), Operation Rakshak (counter-insurgency) and Operation Orchid.
- He commanded a Special Forces Unit in the Kashmir Valley and along the Line of Control, an Infantry Brigade, a Mountain Division along the Line of Actual Control, and 9 Corps at Yol, Himachal Pradesh.
- He has served as Chief of Staff, Central Command and Director General, Operational Logistics & Strategic Movement at Army Headquarters.
- He is an alumnus of La Martiniere College, Lucknow, Uttar Pradesh.
Similar Coverage
- B.P. Singh took over as Director General of Naval Armament (DGONA) at Naval Headquarters, New Delhi, on 1 March 2026.
- He succeeded Divakar Jayant, who superannuated on 28 February 2026.
- Singh is a 1994-batch officer of the Indian Naval Armament Service (INAS).
- He previously served as Chief General Manager at Naval Armament Depot (NAD), Mumbai.
- Singh is a Mechanical Engineering graduate of National Institute of Technology Patna and an alumnus of the National Defence College.
- The Appointments Committee of the Cabinet (ACC) approved his reappointment on a contractual basis for one year from 1 March 2026.
- The proposal for re-employment was moved by the Department of Health and Family Welfare.
- He heads the Central Drugs Standard Control Organisation (CDSCO) which regulates drug quality, approves new drugs and oversees clinical trials.
- Dr Raghuvanshi earlier served as secretary-cum-scientific director of the Indian Pharmacopoeia Commission (IPC) from 16 February 2021.
- Raj Kumar Goyal was sworn in as Chief Information Commissioner (CIC) in the Central Information Commission by President Droupadi Murmu.
- He retired in August from the post of Secretary, Department of Justice in the Ministry of Law and Justice.
- The appointment fills the vacancy left after previous CIC Heeralal Samariya demitted office in September.
- A three-member committee headed by Prime Minister Narendra Modi recommended his name for the post of CIC.
- Goyal was a 1990-batch officer of the Jammu and Kashmir cadre and later the Arunachal Pradesh, Goa, Mizoram, and Union Territories (AGMUT) cadre.
- Ravi Shankar Chhabi was appointed as the DIG in the CRPF following an order issued on January 19, 2026.
- He is a 2007-batch Regular Recruit (RR) officer of the Indian Police Service (IPS) belonging to the Uttar Pradesh cadre.
- Prior to this appointment, he served as the DIG of Public Grievances at the Director General of Police (DGP) Headquarters in Lucknow, Uttar Pradesh.
- He performed duties as a Police Observer for the 1-Baramulla Parliamentary Constituency during the 2024 General Elections.
- His previous assignments include serving as the DIG of Prison Administration and Reforms and as the Superintendent of Police (SP) for the Women Power Line 1090.
Reserve Bank of India (RBI) to purchase ₹1 lakh crore bonds via two OMO auctions.
[Reserve Bank of India (RBI)]
Key Updates:
- The Reserve Bank of India (RBI) will conduct two open market operation (OMO) purchase auctions of ₹50,000 crore each on March 9 and March 13.
- The OMO purchases aim to infuse liquidity into the banking system ahead of mid-March advance tax outflows of approximately ₹2 lakh crore.
- Banking system liquidity averaged a daily surplus of ₹2.63 lakh crore in March, up from ₹2.53 lakh crore in February.
- The RBI purchased ₹12,715 crore of bonds on-screen in February and likely bought additional bonds in the first week of March.
- State Bank of India (SBI) saw its liquidity coverage ratio (LCR) fall to 125% in Q3 from 144% in Q2 due to strong credit growth outpacing deposit accretion.
- Vedanta Ltd plans to raise about ₹3,000 crore through domestic three-year and five-year non-convertible debentures offering coupons around 8.75% and 9% respectively next week.
- Bank of Baroda raised ₹10,000 crore via green infrastructure bonds.
Similar Coverage
- The Reserve Bank of India (RBI) injected Rs 50,000 crore through an open market operation (OMO) to ease liquidity stress in the banking system.
- The RBI received bids worth Rs 1.39 lakh crore for this second tranche of the Rs 1 lakh crore OMO announced earlier in the month.
- The inter-bank liquidity system deficit was recorded at Rs 68,586 crore as of Wednesday due to advanced tax outflows.
- The central bank utilized a $5 billion dollar-rupee swap deal and the purchase of government securities to inject durable liquidity into the system.
- The RBI purchased seven dated stocks, including the 6.75% 2029, 6.10% 2031, 6.54% 2032, 7.18% 2033, 6.33% 20235, 7.23% 2039, and 7.09% 2054 papers.
- NITI Aayog CEO Shri B.V.R. Subrahmanyam released the report titled “Deepening the Corporate Bond Market in India” on 11th December 2025 in New Delhi.
- The report outlines a reform-oriented roadmap to build a deeper, more resilient, and inclusive bond market capable of supporting India’s long-term investment requirements.
- India’s corporate bond market remains constrained by limited market depth, concentrated investor profiles, and modest secondary-market activity.
- The report recommends strengthening legal and regulatory frameworks, enhancing market infrastructure and transparency, and facilitating greater issuance by mid-size firms.
- It proposes broadening participation of insurance, pension and retail investors and expanding product offerings such as credit-enhanced instruments, long-tenor bonds, and sustainability-linked products.
- The study advocates improving liquidity in primary and secondary markets through deeper market-making and repo facilities and leveraging digital innovations including tokenised bonds and integrated data systems.
- The Reserve Bank of India (RBI) will purchase government securities worth ₹2 lakh crore through Open Market Operations (OMO) to inject liquidity into the banking system.
- The RBI will conduct a USD 10 billion buy/sell dollar-rupee swap auction for a tenor of three years on January 13, 2026.
- The OMO purchase auctions for an aggregate amount of ₹2,00,000 crore will be held in four tranches of ₹50,000 crore each.
- The four OMO tranches are scheduled for December 29, 2025, January 5, 2026, January 12, 2026, and January 22, 2026.
- Under the swap arrangement, a bank will sell US dollars to the RBI and simultaneously agree to buy the same amount back at the end of the three-year period.
- These measures follow a previous RBI action involving ₹1 lakh crore OMO purchase auctions and a USD 5 billion Buy/Sell Swap auction for a tenor of three years.
- Reserve Bank of India (RBI) allows banks to finance acquisitions up to 20% of their tier-1 capital, doubling the earlier draft cap of 10%.
- Aggregate capital market exposure (CME) of a bank must not exceed 40% of its eligible capital base on both solo and consolidated basis.
- Direct capital market exposure, comprising investment exposures, capped at 20% of eligible capital base on solo and consolidated basis.
- Banks can fund up to 75% of the acquisition value for both listed and unlisted entities.
- Debt-equity ratio of 3:1 required for the acquiring company together with the target on a consolidated basis.
- Acquisition must result in acquirer gaining control of the target through a single transaction or interconnected transactions completed within 12 months.
- Loan-to-value ratios set at 75% for mutual funds, 60% for loans against shares and NCDs, and 85% for debt mutual funds.
- Banks permitted to lend against government securities, sovereign gold bonds, loan against shares, NCDs, mutual funds, ETF units and InvITs.
Ministry of Information and Broadcasting (MIB) directs BARC to withhold TRP reporting for news channels.
[Ministry of Information and Broadcasting (India), Broadcast Audience Research Council (BARC) (India)]
Key Updates:
- The Ministry of Information and Broadcasting (MIB) ordered the Broadcast Audience Research Council (BARC) to immediately stop reporting Television Rating Points (TRPs) for news channels for four weeks or until further orders.
- The directive invoked Clause 24.2 of the policy guidelines which mandates compliance with Ministry orders.
- The order cited unwarranted sensationalism and speculative content on the Israel-Iran conflict by certain TV news channels that may create public panic.
- BARC, established in 2010, is the sole body authorised to measure and publish television audience data in India.
- A similar suspension of TRP ratings for news channels was imposed in 2020 over data manipulation allegations.
Similar Coverage
- The Centre delicensed the lower portion (5925-6425 MHz) of 6 GHz spectrum band for enabling indoor Wi-Fi use.
- The government notified the “Low Power and Very Low Power Wireless Access Rules, 2026.”
- The framework exempts license if users follow the mandatory technical rules and mandates users to share the frequency.
- The Department of Telecommunications (DoT) had proposed delicensing 500 MHz in the 6 GHz band (5925-6425 MHz) for unlicensed indoor Wi-Fi usage in May 2025.
- The development will enable original equipment makers (OEMs) to unveil a new range of Wi-Fi 6E and Wi-Fi 7 compatible routers and devices.
- India banned e-cigarettes including heat-not-burn devices in 2019 and will not revoke, amend or relax the ban.
- The Union Ministry of Health and Family Welfare stated the law explicitly prohibits heat-not-burn products and the situation will stay.
- Philip Morris International lobbied Indian officials and a parliamentary panel from 2021 to 2025 to exempt its IQOS heated tobacco device from the ban.
- India is the seventh-largest cigarette market by volume with over 100 billion cigarettes sold annually and tobacco kills more than a million people each year in the country.
- Philip Morris holds 76% of the global heated tobacco market and IQOS has more than 35 million users across 79 markets.
- The Indian Council of Medical Research told Reuters it is not considering or undertaking any research on heated tobacco products.
- The Central Consumer Protection Authority (CCPA) has imposed a ₹11 lakh penalty on Vision IAS for publishing misleading advertisements related to results of the UPSC Civil Services Examination (CSE) 2022 and 2023.
- The CCPA found that Vision IAS claimed "7 in Top 10 & 79 in Top 100 selections in CSE 2023" and "39 in Top 50 selections in CSE 2022" without clearly disclosing the nature and extent of courses actually availed by the candidates.
- Out of the 119 plus selections claimed across the two years, only three candidates had enrolled in full foundation courses; the remaining 116 had opted for short-term or standalone programmes.
- The Authority noted that Vision IAS continued to display the impugned advertisements on its website even after receiving a show-cause notice and failed to furnish enrolment forms or consent documents authorising the use of candidates’ names and images.
- The CCPA has directed the institute to discontinue misleading advertisements, ensure truthful and complete disclosures going forward, and submit a compliance report within 15 days.
- TRAI Day 2026 was observed on 20 February, marking the 29th Foundation Day of the Telecom Regulatory Authority of India (TRAI).
- TRAI was established in 1997 during India’s telecom liberalisation.
- Anil Kumar Lahoti is the Chairperson of TRAI.
- The theme for technical deliberation included network slicing and net neutrality.
Sulphuric Acid Plant–3 (SAP–III) inaugurated at IFFCO Paradeep unit in Odisha
[Odisha, Indian Farmers Fertiliser Cooperative Limited (IFFCO) (India)]
Key Updates:
- Union home and cooperation minister Amit Shah dedicated the newly commissioned Sulphuric Acid Plant–3 (SAP–III) at the Indian Farmers Fertiliser Cooperative Limited (IFFCO) unit in Paradeep, Odisha.
- The new plant has been established at an estimated cost of around ₹700 crore and has a production capacity of about 2,000 metric tonnes per day.
- IFFCO bought the Paradeep plant in 2005 for ₹2,577 crore and its production capacity has increased from 7.5 lakh metric tonnes to about 22 lakh metric tonnes.
- IFFCO benefits nearly five crore farmers across the country and has a turnover of over ₹41,000 crore, profit exceeding ₹3,800 crore, and net worth of more than ₹28,000 crore.
Similar Coverage
- NTPC Green Energy Limited (NGEL) and Assago Industries Pvt. Ltd. signed an MoU to develop India’s first large-scale green urea production ecosystem at the upcoming Green Hydrogen Hub in Pudimadaka.
- NGEL will supply green ammonia, captured CO₂, renewable power and utilities to Assago for producing green urea using clean feedstock.
- The Pudimadaka Green Hydrogen Hub is planned with a capacity of 2.5 million tonnes per annum of green chemicals, including green methanol, green ammonia, sustainable aviation fuel and green urea.
- India consumes about 35–40 million tonnes of urea annually and imports 8–10 million tonnes each year.
- The collaboration targets import substitution and low-carbon fertiliser production to support the Atmanirbhar Bharat objective.
- Oleum (fuming sulphuric acid) gas leaked from Bhageria Industries Ltd unit in Boisar MIDC, Palghar, Maharashtra, around 2 pm.
- Over 2,600 people, including 1,600 students from Tarapur Vidyamandir and more than 1,000 workers, were evacuated as a precautionary measure.
- The gas leak affected areas within a five-kilometre radius due to wind velocity.
- Three persons reported minor eye irritation and are receiving medical treatment.
- National Disaster Response Force (NDRF), Bhabha Atomic Research Centre (BARC), and Fire Brigade teams used self-contained breathing apparatus (SCBA) and deployed sandbags to suppress fumes.
- Palghar District Collector Dr Indu Rani Jakhar stated the leakage occurred from a 2,500-litre capacity oleum day tank.
- Union Minister of Chemicals and Fertilisers Shri J P Nadda announced a Budgetary provision of ₹13,000 crore for the Bio-Pharma SHAKTI Mission and three dedicated Chemical Parks.
- ₹10,000 crore of the allocation is earmarked for the Bio-Pharma SHAKTI Mission over the next five years.
- The global pharmaceutical market is expected to have 40% biologics by 2035, with patents worth $300 billion expiring by 2030.
- Securing a 1% share of the global biosimilars market could create an annual opportunity of ₹2 lakh crore for India.
- Plans include developing 1,000 clinical trial sites across the country to expand research and innovation capacity.
- The Central Drugs Standard Control Organization (CDSCO) will be strengthened to ensure faster regulatory approvals.
- India’s chemical industry currently generates output worth ₹19.4 lakh crore and holds a 3% global share.
- ₹3,300 crore is allocated for developing three world-class chemical parks aimed at reducing costs by 20–40% through industrial symbiosis.
- The roadmap targets raising India’s global chemical sector share to 5–6% by 2030 and achieving a $1 trillion turnover by 2040.
- Prime Minister Narendra Modi will lay the foundation stone for the Namrup-IV Ammonia-Urea project at the existing Brahmaputra Valley Fertilizer Corporation Limited complex.
- The brownfield fertiliser project involves an estimated investment of Rs 10,000 crore.
- The Namrup-IV plant will produce 12 lakh metric tonnes of urea annually, meeting domestic demand and enabling exports.
Tajikistan and Uzbekistan propose inclusion of Striped Hyena in CMS Appendices I and II
[Tajikistan, Uzbekistan, Convention on the Conservation of Migratory Species of Wild Animals (CMS)]
Key Updates:
- Tajikistan and Uzbekistan have submitted a proposal to include the Striped Hyena (Hyaena hyaena) in Appendix I and II of the Convention on the Conservation of Migratory Species of Wild Animals (CMS).
- The proposal will be considered during the 15th Meeting of the Conference of the Parties (CMS COP15) scheduled for March 23-29 in Campo Grande, Brazil.
- According to the International Union for Conservation of Nature (IUCN) Red List, the Striped Hyena is classified as Near Threatened globally and Vulnerable within the Mediterranean region.
- The global population of mature Striped Hyenas is estimated to be between 5,000 and 9,999 individuals.
- The Striped Hyena is one of four species belonging to the family Hyaenidae, which also includes the Spotted Hyena, the Brown Hyena, and the Aardwolf.
- The species is found across North and Sub-Saharan Africa, West Asia (Middle East), and Central and South Asia, including India.
- Listing under both Appendices would obligate member states to implement measures to safeguard the species and its habitats through coordinated transboundary conservation actions.
- Major threats to the species include habitat loss, fragmentation due to urbanisation and agricultural expansion, illegal hunting, and human-wildlife conflict.
Similar Coverage
- Nine cheetahs airlifted from Botswana reached Kuno National Park, Madhya Pradesh, on Saturday in an Indian Air Force (IAF) aircraft.
- All nine cheetahs were reported in good health and received their first meal on Monday morning inside their quarantine enclosures.
- With the new arrivals, India’s cheetah population rose to 48, with three relocated to Gandhi Sagar Wildlife Sanctuary and the rest housed at Kuno.
- Since 2023, 39 cheetah cubs have been born at Kuno, of which 27 have survived, including nine cubs born between 7 and 18 February 2026.
- Adult cheetahs weigh 40–65 kg and consume about 15 kg of meat every three to five days.
- The Asiatic Wild Dog (Dhole), listed as endangered by the International Union for Conservation of Nature (IUCN), has been camera-trapped for the first time in Ratapani Tiger Reserve, Madhya Pradesh.
- PCCF (Wildlife) Shubharanjan Sen stated this is the sixth rare wildlife species recorded on camera in the reserve during 2026.
- Wildlife expert Amey Vikram Singh noted that Dholes were previously believed restricted to Kanha, Bandhavgarh and Pench protected areas.
- The Indian Army's Fire and Fury Corps and the Ladakh administration signed an MoU under the Global Snow Leopard and Ecosystem Protection (GSLEP) programme.
- The MoU was signed on World Wildlife Day in the presence of Lt General Hitesh Bhalla, GOC Fire and Fury Corps, and Ladakh Chief Secretary Ashish Kundra.
- The agreement aims to conserve flagship species including the snow leopard, Himalayan wolf, ibex, marmot, black-necked crane and bharal (blue sheep).
- A joint Snow Leopard Conservation Cell will be established to monitor conservation efforts in the region.
- Kyrgyzstan has halted imports of animals and animal products from India following reports of a Nipah virus outbreak there.
- Enhanced screening for passengers arriving on international flights has been introduced at Manas International Airport in Bishkek and Osh airport.
- All arriving passengers at Manas International Airport are undergoing temperature checks using specialised screening equipment.
- The Kyrgyz Ministry of Water Resources, Agriculture and Food Processing Industry stated the import ban aims to prevent potential entry of the Nipah virus into Kyrgyzstan.
Bharat Electronics Limited (BEL) and Bellatrix Aerospace sign MoU to develop Very Low Earth Orbit (VLEO) satellite technologies.
[Bharat Electronics Limited (BEL), Bellatrix Aerospace]
Key Updates:
- Bharat Electronics Limited (BEL) and Bengaluru-based Bellatrix Aerospace signed an MoU on Thursday to collaborate on design, development and manufacturing of satellite systems and payloads for Very Low Earth Orbit (VLEO) operations.
- VLEO altitude ranges between 100 and 450 kilometres, enabling higher-resolution images, faster communications and better atmospheric science.
- Bellatrix Aerospace, founded in 2015, specialises in satellite propulsion technologies and satellite subsystems.
Similar Coverage
- Indian National Space Promotion and Authorization Centre (IN-SPACe), the commercial arm of Indian Space Research Organisation (ISRO), announced selection of Astrome Technologies, Azista Industries, and Dhruva Space to build indigenous small satellite platforms under its “Satellite Bus as a Service” (SBaaS) initiative.
- Selection followed multi-stage evaluation of 15 proposals after initiative announcement in April 2025.
- SBaaS model aims to provide cost-effective, standardised flight-ready satellite platforms for domestic and global demand.
- Grant disbursement will be milestone-linked and IN-SPACe will facilitate access to ISRO and Department of Space infrastructure, testing facilities, and technical expertise.
- IN-SPACe plans later phases to enable hosted payload missions on these platforms, expanding public-private partnership programmes from platform development to operational missions.
- BEML Limited, Indian Institute of Science (IISc) Bengaluru and Foundation for Science, Innovation and Development (FSID) signed a Tripartite Master Research Agreement (MRA) at IISc campus.
- The collaboration targets blue-sky, applied and translational research in aerospace and defence, rail and metro systems, mining and construction equipment, maritime technologies, next-generation mobility, green technologies and advanced manufacturing.
- The partnership will be anchored through BEML’s newly established Central Research Facility (CRF) for joint knowledge creation, simulation, prototyping, technology validation and intellectual property generation.
- BEML has committed significant R&D investments to sustain the collaborative programmes aligned with national priorities of indigenisation and self-reliance.
- The Technology Development Board (TDB) under the Department of Science and Technology (DST), Ministry of Science & Technology (MoS&T), signed an agreement with Vijai Marine Services Private Limited (VMSPL), Goa for the 'Smart Sea Project by Vijai Autonomous Craft for Environment (VACE)'.
- The project will develop and demonstrate a 20-passenger electric boat with IRS-certified FRP hull, electric propulsion and battery systems supplied by Canadian partner ACEL Power Inc.
- Aimed at reducing emissions and noise, the initiative supports India’s goals of clean waterways and sustainable tourism under the Indo-Canada Collaborative Industrial Research and Development Programme (IC-CIR&D).
- The aerospace division of Bharat Forge Limited (BFL) has secured contracts of around Rs 300 crore under the ongoing Emergency Procurement – VI framework of the government.
- The contracts cover a range of indigenous unmanned systems, including Intelligence, Surveillance, and Reconnaissance (ISR) platforms and loitering munitions for the Indian Army and Indian Navy.
- The contracted platforms, namely Omega One, Omega Nine, Bayonet, and Cleaver, are developed to meet urgent operational requirements across diverse terrains and mission profiles.
- The Ministry of Defence (MoD) awarded BFL a Rs 1,661 crore contract for the supply of over 2.55 lakh units of Close Quarter Battle (CQB) Carbines to the Indian Army.