President of India Approves Merger of REC Ltd into Power Finance Corporation (PFC)
Key Updates:
- 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, 2026.
- In March 2019, PFC completed the acquisition of the government's majority stake of 52.63 per cent in REC Ltd for ₹14,500 crore.
- Upon the merger becoming effective, all assets and liabilities of REC Ltd will be transferred to PFC, and REC Ltd will stand dissolved under Sections 230-232 of the Companies Act 2013.
- Finance Minister Nirmala Sitharaman proposed the restructuring of PFC and REC Ltd in the budget speech to improve efficiency in Public Sector Non-Banking Financial Companies (NBFCs).
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Rajesh Kumar Agarwal assumed charge as Director (Finance) at the state-owned Power Finance Corporation (PFC) on April 23, 2026. His tenure is for a period of five years from the date of assumption of charge or until…
Svatantra Microfin completed amalgamation with Chaitanya India Fin Credit and Svatantra-Holding after approvals from the National Company Law Tribunal (NCLT), Reserve Bank of India (RBI) and the Competition Commission of…
Reserve Bank of India (RBI) has deferred the effective date of the Amendment Directions on Capital Market Exposures by three months to 1 July 2026. The central bank revised the framework after stakeholder feedback…
Burra Vamsi Rama Mohan has assumed charge as the Chairman & Managing Director (CMD) of Power Grid Corporation of India Limited (POWERGRID). The appointment was approved by the Board of Directors following an order issued…
NPCI International Payments Ltd. (NIPL) and Nepal Clearing House Ltd. (NCHL) launch UPI-NPI remittance corridor
Key Updates:
- NPCI International Payments Ltd. (NIPL), the international arm of the National Payments Corporation of India (NPCI), partnered with Nepal Clearing House Ltd. (NCHL) to launch a cross-border remittance linkage.
- The linkage connects India's Unified Payments Interface (UPI) with Nepal's National Payments Interface (NPI).
- The service enables real-time, low-cost person-to-person (P2P) fund transfers between India and Nepal.
- Users in India can send money to Nepal using mobile numbers or virtual payment addresses (VPAs), while Indian users in Nepal can transfer funds to India using UPI IDs.
- The facility is currently live through select banks and aims to eliminate the need to share bank account details for cross-border remittances.
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Nepal Foreign Minister Shisir Khanal arrived in New Delhi on June 5 for a three-day official visit to India. Minister Khanal is scheduled to hold talks with the External Affairs Minister (EAM) S Jaishankar on Saturday.
NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with ACLEDA Bank Plc to enable Unified Payments Interface (UPI) payments in Cambodia.…
Union Home Minister Amit Shah launched the Land Port Management System (VINIMAY) in New Delhi on 9th June 2026. VINIMAY is a digital platform under the Land Ports Authority of India (LPAI), a statutory body under the…
The International Organisation for Migration (IOM), a United Nations (UN) agency, released the World Migration Report 2026, stating that 304 million people lived outside their country of birth as of mid-2024. The…
World Bank (WB) raises India's FY27 growth forecast to 6.6%
Key Updates:
- The World Bank (WB) has raised India's growth forecast for FY27 to 6.6% from the 6.5% estimated in January.
- According to the Global Economic Prospects (GEP) report, India's Gross Domestic Product (GDP) growth is projected to be 7.7% in FY26, 7.2% in FY28, and 7% in FY29.
- The WB attributed the FY27 growth to reduced US tariffs and the anticipated benefits of upcoming free trade agreements.
- Reductions in Goods and Services Tax (GST) rates are expected to provide support to consumer demand.
- The WB projects Brent crude oil prices to average $94 per barrel in 2026, assuming supply disruptions ease by July.
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The United Nations Department of Economic and Social Affairs (UN DESA) has revised India's economic growth forecast for 2026 to 6.4 per cent from an earlier projection of 6.6 per cent. UN DESA projects India's economic…
The National Statistical Office (NSO) reported India's Gross Domestic Product (GDP) growth at 7.7% for the full financial year 2025-26 and 7.8% for the January-March quarter (Q4 FY26). Gross Value Added (GVA) is…
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…
The International Monetary Fund (IMF) raised India’s growth forecast for FY27 to 6.5% from 6.4% projected in January and 6.2% in October last year. Growth is expected to remain steady at 6.5% in 2027-28, keeping India…
Viyona Fintech receives National Payments Corporation of India (NPCI) certification as Biller Operating Unit (BOU)
Key Updates:
- Viyona Fintech has been certified as a Biller Operating Unit (BOU) under the Bharat Bill Payment System (BBPS) operated by National Payments Corporation of India (NPCI) Bharat BillPay Limited.
- The BOU certification enables billers across utilities, education, insurance, and financial services to collect payments through the Bharat BillPay network.
- Ravindranath Yarlagadda is the Chairman and CEO of Viyona Fintech.
- Viyona Fintech is an NPCI-certified Technology Service Provider.
- The company's NPCI certifications include UPI Switch (Issuer and Acquirer), Immediate Payment Service (IMPS), Banking Connect, and eKYC Setu.
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Skydo received in-principle approval to operate as a Payment Service Provider (PSP) at the GIFT City International Financial Services Centre (IFSC). The fintech firm secured regulatory approval from the Reserve Bank of…
Hyderabad-based fintech company VIYONA Fintech has secured NPCI certification for its technology and certification framework across multiple payment infrastructure layers. The certification includes capabilities for UPI…
NPCI Bharat BillPay Ltd (NBBL) partnered with Juspay to introduce a switch and software development kit (SDK) for its Banking Connect platform. The solution provides a single integration layer for banks and partners.
NBBL has integrated PLI as a biller under the insurance category to enable premium payments via digital and offline channels. State Bank of India (SBI) is acting as the Biller Operating Unit for this integration.
Oman India Joint Investment Fund II (OIJIF II) sells 3.65% stake in Capital Small Finance Bank for ₹37 crore
Key Updates:
- Oman India Joint Investment Fund II (OIJIF II) sold a 3.65% stake in Capital Small Finance Bank for approximately ₹36.79 crore through a block deal on the National Stock Exchange (NSE).
- Lyptus Punch-Card Fund acquired the entire stake consisting of 1.36 million shares at ₹270 apiece.
- OIJIF II is a private equity investment firm promoted by the State Bank of India (SBI) and the sovereign wealth fund of the Sultanate of Oman.
- Capital Small Finance Bank is headquartered in Jalandhar and focuses on retail and Micro, Small and Medium Enterprises (MSME) lending.
- For the quarter ended March 2026, Capital Small Finance Bank reported a net profit of ₹40.08 crore and a total income of ₹299 crore.
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The Ministry of Commerce and Industry (MOCI) notified the Startup India Fund of Funds 2.0 (FoF 2.0) with an outlay of Rs 10,000 crore. The scheme aims to mobilise venture and growth capital for deep‑tech startups…
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…
The Competition Commission of India (CCI) has approved the proposal by Japan's MUFG Bank Ltd to acquire a stake in Shriram Finance Limited. MUFG Bank, a part of Mitsubishi UFJ Financial Group Inc (MUFG), will acquire a…
Wealth First Portfolio Managers received Sebi approval to start mutual fund operations. Lakshya Asset Management Company, sponsored by Wealth First Portfolio Managers, will be India’s first AMC headquartered in…
Ahmedabad Municipal Corporation (AMC) Launches QR Code-Based Registration and Monitoring System for Street Food Hygiene
Key Updates:
- The Ahmedabad Municipal Corporation (AMC) has implemented a QR code-based vendor registration and monitoring system to ensure cleanliness, hygiene, and food safety standards among street food vendors.
- Under this initiative, more than 8,700 street food vendors in Ahmedabad have been successfully registered through an online process involving the scanning of a specific QR code.
- The registration process captures the Global Positioning System (GPS) location of the vendor’s place of business to record exact coordinates in the corporation’s database for effective monitoring.
- Each registered vendor receives a system-generated PDF with a unique QR code that must be displayed at their place of business for citizens to view and scan.
- Citizens can scan the displayed QR code to access vendor details and provide direct feedback or hygiene ratings, which the AMC uses to take legal action against those violating food safety rules.
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The Food Corporation of India (FCI) is expanding its QR tagging system for foodgrain bags to Andhra Pradesh, Telangana, and Odisha. The expansion covers approximately 20 lakh tonnes of rice, with Andhra Pradesh…
Karnataka Health Minister Dinesh Gundu Rao launched a portal to track and control Not of Standard Quality (NSQ) drugs. The portal was developed by the Food Safety and Drug Administration (FSDA).
Gujarat Government launched a statewide Foot and Mouth Disease (FMD) vaccination drive under the National Animal Disease Control Programme (NADCP) from March 1 to April 15. Animals are ear-tagged and data uploaded to the…
The Union Ministry of Home Affairs (MHA) is conducting the first digital Census of India, which includes the first-ever enumeration of caste and a self-enumeration option. Lalit Jain, the Director of Census Operations…
Skill India: Expansion of Training and Digital Skilling Ecosystem
Key Updates:
- 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, National Skill Training Institutes, Pradhan Mantri Kaushal Kendras, and Jan Shikshan Sansthans.
- Over 1.64 crore candidates were trained under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) and more than 56.08 lakh apprentices were engaged since 2016.
- The National Institute for Entrepreneurship and Small Business Development (NIESBUD) and the Indian Institute of Entrepreneurship (IIE) have trained more than 25 lakh beneficiaries.
- The Skill India Digital Hub (SIDH) has registered more than 1.5 crore candidates and offers over 1,000 courses in 23 languages.
- The Skilling for AI Readiness (SOAR) programme recorded over 4.5 lakh enrolments through more than 50 artificial intelligence-related courses and qualifications.
- India's global ranking at WorldSkills competitions improved from 29th in 2015 to 13th in 2024.
- The MSDE announced 30 Skill India International Centres to support overseas employment opportunities for skilled workers.
- The ongoing reform agenda includes the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU), future skills programmes in artificial intelligence and cybersecurity, and integration with the National Education Policy 2020.
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The Ministry of Skill Development and Entrepreneurship (MSDE) launched ‘Navachar Mantra’, a national initiative to strengthen grassroots entrepreneurship and support scalable innovations from Tier 2, Tier 3, and rural…
Minister of State (Independent Charge) for Skill Development and Entrepreneurship (MSDE) Jayant Chaudhary launched the campaign to build the Skills Outcomes Fund on 8 April 2026. The fund will be anchored by the National…
National Institution for Transforming India (NITI Aayog) convened the first meeting of the High-Powered Education to Employment and Enterprise Standing Committee on May 22. The committee, announced in the Union Budget…
Ministry of Skill Development and Entrepreneurship (MSDE) signed an MoU with GATI Foundation on 13 March 2026 to strengthen overseas workforce mobility. The MoU was signed in the presence of Smt. Debashree Mukherjee…
Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 Facilitates Rs 48,484 Crore in Loans
Key Updates:
- The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 on May 5, 2026, to provide credit support amid liquidity pressures from the West Asia crisis.
- As of June 9, 2026, the Ministry of Finance reported that 1,06,549 guarantees have been issued under ECLGS 5.0, covering loans worth Rs 48,484.26 crore.
- The scheme aims to facilitate additional credit of Rs 2.55 lakh crore to existing borrowers, with Micro, Small and Medium Enterprises (MSMEs) being the primary beneficiaries.
- Under the programme, MSME borrowers receive 100 per cent guarantee coverage, while non-MSME borrowers are eligible for 90 per cent coverage.
- Public Sector Banks (PSBs) accounted for 96 per cent of the guarantees issued, with participation from Regional Rural Banks (RRBs), Small Finance Banks (SFBs), and Non-Banking Financial Companies (NBFCs).
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Lenders have cleared approximately 80,000 applications with loans amounting to ₹35,194 crore and issued guarantees worth ₹15,720 crore as of May 29. The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, with an outlay…
The Reserve Bank of India (RBI) issued amendments to the framework for classification of assets, income recognition, and provisioning, shifting to an Expected Credit Loss (ECL) based approach. The new directions will…
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 with an outlay of Rs 18,100 crore to address short-term liquidity mismatches caused by the West Asia Crisis. Eligible borrowers include…
The Union Cabinet approved the fifth version of the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) to provide financial support to businesses facing liquidity pressures due to the West Asia crisis. The scheme aims to…
Operation Milap: Gujarat Police Traces 1,470 Missing Persons
Key Updates:
- 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 Sanghavi to review pending missing persons cases registered since 2007.
- Of the 1,470 persons traced, the group comprised 852 women, 342 men, 234 minor girls, and 42 minor boys.
- The Surat City Police recorded the highest number of recoveries during the drive, successfully tracing 341 missing persons.
- The Crime Investigation Department (CID) Crime (Women Cell) reported recoveries from states including Rajasthan, Uttar Pradesh, Madhya Pradesh, Bihar, Assam, Jharkhand, and West Bengal.
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The Supreme Court (SC) has mandated all police stations nationwide to register a kidnapping case under the Bharatiya Nyaya Sanhita (BNS) for every missing person or child. A committee headed by Justice (retd) Mukta…
The Ministry of Home Affairs (MHA) will launch the Smart Border Project equipped with drones, radars, and advanced cameras to create an impregnable security grid along the borders within the next year. Prime Minister…
Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0): ₹20,000 Crore Outlay
Key Updates:
- 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 CGSMFI-2.0 was introduced on March 20, 2026, and was previously scheduled to remain in force until June 30, 2026.
- The maximum loan amount eligible for large-sized Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) and Microfinance Institutions (MFIs) has been increased from ₹300 crore to ₹1,000 crore.
- The increased loan cap for NBFC-MFIs and MFIs is subject to an existing overall limit of 20% of Assets Under Management (AUM).
- Loans worth ₹770 crore have been sanctioned under the scheme so far.
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The Government of India launched Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) on 21 March 2026. The scheme provides guarantee cover through National Credit Guarantee Trustee Company Limited…
Lenders have cleared approximately 80,000 applications with loans amounting to ₹35,194 crore and issued guarantees worth ₹15,720 crore as of May 29. The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, with an outlay…
Reserve Bank of India (RBI) has deferred the effective date of the Amendment Directions on Capital Market Exposures by three months to 1 July 2026. The central bank revised the framework after stakeholder feedback…
Sebi extended the validity of observation letters expiring up to 30 September 2026, giving over two dozen IPO-bound firms a six-month one-time relaxation. Issuers using the extension must file updated offer documents and…
Invest UP and Invest India Partnership to Boost FDI Inflow into Uttar Pradesh
Key Updates:
- Invest UP and Invest India have agreed to strengthen collaboration to attract greater domestic and foreign investments into Uttar Pradesh.
- The decision was taken during a high-level meeting in Lucknow attended by Invest India Managing Director and CEO Nivruti Rai and Invest UP CEO Vijay Kiran Anand.
- The partnership aims to attract higher Foreign Direct Investment (FDI) inflows and facilitate faster execution of investment projects in Uttar Pradesh.
- The collaboration will focus on streamlining investor facilitation mechanisms, strengthening aftercare services, and identifying new investment opportunities across key sectors.
- The meeting was also attended by Invest UP Additional CEOs Prerna Sharma and Shashank Chaudhary.
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The Department for Promotion of Industry and Internal Trade (DPIIT) reported total foreign direct investment (FDI) equity inflows of $47.87 billion for April-December FY26. Singapore was the top source of FDI equity…
Uttar Pradesh Chief Minister Yogi Adityanath launched Nivesh Mitra 3.0, an upgraded single-window investment portal, in Lucknow. The portal consolidates over 530 services from 43 departments into fewer than 200…
National Family Health Survey (NFHS)-6 Fact Sheets released for health and population trends
Key Updates:
- The Ministry of Health and Family Welfare (MoHFW) released the National Family Health Survey (NFHS)-6 Fact Sheets to highlight improvements in health, nutrition, and demographic indicators.
- The NFHS-6 Fact Sheets present findings on 101 major indicators as the first phase of dissemination.
- Sanitation and clean cooking fuel are monitored through Swachh Survekshan Grameen and the Ministry of Statistics and Programme Implementation (MoSPI), while mortality and birth registration data are tracked by the Sample Registration System (SRS), Civil Registration System (CRS), and the Census framework.
- Anaemia prevalence estimates will be generated through the Indian Council of Medical Research (ICMR) Diet and Biomarkers Survey using venous blood sampling techniques.
- NFHS-6 introduced new indicators including population composition, share of the elderly population, financial inclusion, antenatal care utilisation, vaccination coverage, prevalence of severe diarrhoeal disease, and expanded breastfeeding indicators.
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The National Health Accounts (NHA) 2022–23 report, prepared by the National Health Accounts Technical Secretariat (NHATS), shows Government Health Expenditure (GHE) as a share of Gross Domestic Product (GDP) increased to…
The Union Health Ministry released the National Health Accounts (NHA) estimates for 2022-23, reporting that Government Health Expenditure (GHE) increased threefold from ₹1.30 lakh crore to ₹3.85 lakh crore between…
The One Health Summit will be held in Lyon (France) on 7 April 2026, marking World Health Day. For the first time, Heads of State and Government from around the world will gather to step up the implementation of the One…
The National Family Health Survey-6 (NFHS-6) for 2023-24 shows improvements in child and maternal health, nutrition, and immunisation compared to NFHS-5 (2019-21). Full immunisation for children aged 12-23 months…
National Education Policy (NEP) 2020: Approval for Three Global Universities to Open India Campuses
Key Updates:
- The Ministry of Education issued Letters of Approval (LoAs) to the University of Bristol, the University of York, and the University of New South Wales (UNSW) to establish campuses in India.
- The approvals align with the National Education Policy (NEP) 2020 vision to internationalise higher education and bring globally reputed institutions to India.
- The University of Bristol will establish the Mumbai Enterprise Campus offering programmes in Immersive Arts, Finance, Data Science, Economics, Business Management, Entrepreneurship, and Innovation.
- The University of York will set up its first overseas campus in Mumbai with proposed courses in Finance, Computer Science with Artificial Intelligence, Cyber Security, Economics, Business, and Creative Industries Management.
- UNSW Bengaluru is scheduled to begin operations in August 2026 at Manyata Business Park, offering programmes in Business, Computer Science, and Cyber Security.
- Five foreign universities have received LoAs under the University Grants Commission (UGC) framework, including the University of Southampton and the University of Liverpool.
- The University of Southampton commenced academic operations during the 2025–26 academic session.
- The UGC has issued ten Letters of Intent to institutions from the United Kingdom, United States, Australia, and Italy.
- Deakin University, the University of Wollongong, and Queen's University Belfast have already begun operations in Gujarat's GIFT City.
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A delegation from Canada's Cape Breton University (CBU), led by President David C Dingwall, visited New Delhi, Gurugram, Noida, Vadodara, and Ahmedabad to deepen higher education partnerships. CBU signed a five-year…
The Kerala government will establish an Academic Syndicate as an apex body to coordinate higher education governance and will focus on developing globally competitive institutions to curb academic migration. Steps will…
Gati Shakti Vishwavidyalaya signed an MoU with the Directorate General of Civil Aviation (DGCA) in the presence of Union Ministers Ashwini Vaishnaw and Ram Mohan Naidu on Monday. The partnership focuses on formalising…
The Punjab Assembly passed the Shri Guru Teg Bahadur World Class University, Punjab Bill, 2026, to establish a world-class institute in Sri Anandpur Sahib. The university will offer north India's first specialised…
Easy Connect model: Varanasi becomes first city for seamless international travel
Key Updates:
- Varanasi has become the first city to be integrated into the Easy Connect flights model.
- The model enables international travellers to complete immigration and baggage formalities in Varanasi before reaching Delhi for onward global destinations.
- This initiative is part of India's hub-and-spoke aviation vision to establish India as a global aviation hub.
- The model reflects the vision of Prime Minister Narendra Modi to extend world-class connectivity beyond metropolitan cities.
- The announcement was made by the Minister of Civil Aviation (MoCA), Ram Mohan Naidu.
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The Uttar Pradesh government launched Project Ganga to ensure last-mile digital connectivity in rural areas for digital education, telemedicine, e-governance, skill development, and technology-based employment. The…
Federal Express Corporation (FedEx) completed India's first intra-city drone delivery flight trials in Bengaluru in collaboration with the Indian Institute of Technology Madras (IIT Madras). The trials were conducted…
Union Home Minister Amit Shah launched the Land Port Management System (VINIMAY) in New Delhi on 9th June 2026. VINIMAY is a digital platform under the Land Ports Authority of India (LPAI), a statutory body under the…
Air India placed its ‘AI’ designator code on Uzbekistan Airways-operated flights effective 20 March 2026. Covered routes under the codeshare are Delhi–Tashkent, Mumbai–Tashkent, and the seasonal Goa–Tashkent service.
Blue Valley Cluster: Expanding Cooperation in Bioeconomy and Industrial Partnerships
Key Updates:
- The Assam Government and the European Union (EU) launched the Blue Valley Cluster initiative in Guwahati to expand cooperation in bioeconomy sectors including natural flavours, fragrances, and AYUSH.
- The initiative serves as a platform connecting European and Indian enterprises, research institutions, entrepreneurs, and communities to promote sustainable industrial growth and value-chain development.
- The programme aligns with the India-EU strategic partnership and is expected to generate opportunities for farmers, women entrepreneurs, youth, and Micro, Small and Medium Enterprises (MSMEs).
- Key opportunity sectors identified in Assam include semiconductors and electronics, defence and aviation, tea, agarwood, organic food products, natural fragrances and flavours, and AYUSH-based wellness industries.
- The Assam Industrial Development Corporation Limited (AIDC) and the Federation of European Business in India (FEBI) signed a Memorandum of Understanding (MoU) to promote business cooperation and investment facilitation.
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Union Minister Jyotiraditya M. Scindia launched the ₹175-crore "Coffees of Nagaland" mission to transform Nagaland into a premium specialty coffee destination. The initiative is led by the Ministry of Development of…
Union Minister for Development of North Eastern Region (DoNER), Jyotiraditya Scindia, launched Mission Senehjori in collaboration with the Government of Assam, Central Silk Board (CSB), and the Ministry of Textiles. The…
Prime Minister Narendra Modi inaugurated and launched multiple development projects worth ₹47,800 crore in Assam. Under the Assam Mala 3.0 Road Infrastructure Initiative, approximately 900 km of roads will be constructed…
Union Minister for Food Processing Industries (MoFPI) Chirag Paswan inaugurated a Common Incubation Centre at Tezpur University in the Sonitpur district of Assam on 13 March 2026. The facility was established with a…
Key Updates:
- Union Minister of State for Labour and Employment Shobha Karandlaje led the Indian delegation at the 114th International Labour Conference (ILC) in Geneva, Switzerland.
- She held a bilateral meeting with Gilbert F. Houngbo, Director-General of the International Labour Organisation (ILO).
- India's youth employability increased from 34% in 2014 to over 56% in 2025, and unemployment rate fell from 6% in 2017 to 3.1% in 2025.
- Women's workforce participation in India surged from 22% to 38.8% between 2017 and 2025.
- India consolidated 29 Central Labour Laws into four Labour Codes, guided by the principle of 'Antyodaya'.
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Union Minister for Law and Justice Arjun Ram Meghwal participated in the 12th Asian and Pacific Regional Conference organised by the All India Prosecutors’ Association (AIPA) in New Delhi. Discussions at the conference…
The Armed Forces hosted the first-ever International Ophthalmology Research Summit. The conference is designated as AIOS-AFOU 2026.
Defence Minister Rajnath Singh will lead the Indian delegation at the Defence Ministers' meeting of the Shanghai Cooperation Organisation (SCO). The high-level meeting is scheduled to be held in Bishkek on April 27–28…
Defence Minister Rajnath Singh will lead the Indian delegation to the Shanghai Cooperation Organisation (SCO) Defence Ministers’ Meeting in Bishkek on April 28. The meeting will focus on regional and global security…
India Ministry of Defence signs ₹449 crore contract for 20 indigenous ECGNSS jammers for Indian Navy
Key Updates:
- The Ministry of Defence (MoD) signed a ₹449-crore contract for the procurement of 20 Enhanced Capability Global Navigation Satellite System (ECGNSS) Jammers for the Indian Navy.
- The contract was signed with Bengaluru-based Accord Software and Systems Private Limited (ASSPL).
- The deal is under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category and includes a minimum of 75 per cent indigenous content.
- The ECGNSS Jammers are designed to counter hostile satellite navigation capabilities via signal spoofing, deceptive jamming, and degrading signal acquisition and tracking performance.
- The agreement was signed in New Delhi in the presence of Defence Secretary Rajesh Kumar Singh.
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The Ministry of Defence (MoD) signed a ₹1,476 crore contract with Bharat Electronics Ltd (BEL) to procure five ground-based mobile electronic systems for the Indian Army. The mobile electronic systems are intended to…
The Indian Army and the Indian Navy (IN) signed a Memorandum of Association (MoA) on Affiliation to formalise structured cooperation between Army formations and naval ships and commands. The MoA was signed by Lt Gen VPS…
The Department of Financial Services (DFS) under the Ministry of Finance launched the Bharat Maritime Insurance Pool (BMIP). The BMIP has a total capacity of USD 1.5 billion and a sovereign guarantee of USD 1.4 billion…
The Department of Financial Services (DFS) under the Ministry of Finance launched the Bharat Maritime Insurance Pool (BMIP) with a total capacity of USD 1.5 billion. The BMIP is supported by a sovereign guarantee of USD…
India and France to strengthen strategic ties ahead of G7 Summit
Key Updates:
- The upcoming Group of Seven (G7) Summit will feature a dedicated meeting on West Asia to address regional volatility and maritime security.
- Future defence agreements between India and France will be integrated with the 'Make in India' initiative to ensure an equal partnership.
- The Rafale deal framework includes a firm commitment to the integration of local weapons systems.
- Civil nuclear cooperation is a primary discussion topic, with French utility companies in active discussions with Indian players following legislative reforms.
- The India-Middle East-Europe Economic Corridor (IMEC) remains a relevant concept despite ongoing regional complexities in the Middle East.
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India has issued a Letter of Request (LoR) to France for the acquisition of 114 Rafale fighter jets for the Indian Air Force (IAF) in a government-to-government deal worth approximately ₹3.25 lakh crore. Under the…
The Stockholm International Peace Research Institute (SIPRI) released the SIPRI Yearbook 2026 on June 8, estimating India's nuclear arsenal at approximately 190 warheads by early 2026. India's military expenditure…
Prime Minister Narendra Modi will visit France and Slovakia from June 13 to 18, attending the G7 Summit and the VivaTech technology event in Paris. In Nice, France, PM Modi and President Emmanuel Macron will jointly…
USTR retained India on its Special 301 priority watch list, along with China, Russia, Indonesia, Chile, and Venezuela. Vietnam was designated as a Priority Foreign Country, the first such designation in 13 years, and…
United Nations High Commissioner for Refugees (UNHCR) reports first decline in global refugee numbers in a decade as of 2025
Key Updates:
- The United Nations High Commissioner for Refugees (UNHCR) reported a three percent drop in global refugee figures as of 2025.
- The decrease in numbers is largely attributed to increased voluntary returns to Afghanistan, Syria, and Sudan.
- A total of 117.3 million people were forcibly displaced in 2025 due to global conflicts.
- The UNHCR issued a warning in June 2025 stating that forced displacement has doubled over the past ten years.
- The UNHCR aims to reduce reliance on humanitarian aid by more than half over the next decade by expanding voluntary returns and integrating refugees into labour markets.
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The United Nations Human Settlements Programme (UN-Habitat) released the World Cities Report 2026 during the World Urban Forum (WUF13) held in Baku, Azerbaijan. Anacláudia Rossbach serves as the Executive Director of the…
UNESCO's 2026 Global Education Monitoring (GEM) Report states 273 million children and young people are out of school worldwide. One in six school-age children are excluded from education and only two in three complete…
The Office of the Registrar General of India (ORGI), functioning under the Ministry of Home Affairs, released the Sample Registration System (SRS) report for 2024. India’s Total Fertility Rate (TFR) remained at 1.9 in…
India announces USD 2.5 million contribution to UNRWA and reiterates support for two-state solution at UN Security Council
Key Updates:
- India will hand over USD 2.5 million to the United Nations Relief and Works Agency for Palestine Refugees (UNRWA) as the first tranche of its annual USD 5 million contribution.
- India's Permanent Representative to the UN, Ambassador Harish Parvathaneni, spoke at the UN Security Council Open Debate on 'Maintenance of International Peace and Security: Advancing Political Solutions in the Middle East: Mediation and Dialogue for Lasting Peace'.
- India reaffirmed support for a negotiated two-state solution: a sovereign, independent and viable State of Palestine living side by side in peace and security with Israel within secure and recognised borders.
- On Lebanon, India called for implementation of UN Security Council Resolution 1701 and the Declaration on the Cessation of Hostilities issued in November 2024, and noted the role of Indian troops serving with the UN Interim Force in Lebanon (UNIFIL).
- India condemned attacks on maritime navigation in Yemen and emphasised safeguarding the Bab al-Mandab Strait and the southern Red Sea as a shared international responsibility.
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Japan International Cooperation Agency (JICA) signed four Official Development Assistance loan agreements with the Government of India totalling ₹16,420 crore. The agreements cover Maharashtra tertiary healthcare and…
The World Bank (WB) has approved a USD 225 million loan for the highway modernisation project in Rajasthan. The project aims to benefit more than 3 million people and stimulate job creation across the agriculture…
India was elected by acclamation to the Commission on Science and Technology for Development for the term 2027-2030. India was elected by acclamation to the Committee on Non-Governmental Organisations for the term…
Nita Ambani, Founder and Chairperson of Reliance Foundation, received the KISS Humanitarian Award 2025 at Kalinga Institute of Social Sciences (KISS) campus in Bhubaneswar. The award was presented by Nobel Laureate Mohan…
Saudi Arabia lifts 5-year ban on Lebanese imports to rebuild Gulf-Lebanon ties
Key Updates:
- Saudi Arabia has ended a five-year ban on imports from Lebanon to rebuild relations between Lebanon and Gulf countries.
- The ban was initially imposed in 2021 on Lebanese fruits and vegetables due to the smuggling of the amphetamine drug Captagon.
- The restriction was later extended to all Lebanese products after former Information Minister George Kordahi criticised Saudi Arabia's war in Yemen.
- The decision to reverse the ban was ordered by Crown Prince Mohammed bin Salman following positive steps taken by the Lebanese state.
- Lebanese President Joseph Aoun stated that the decision would contribute to reviving the national economy and supporting Lebanese producers and exporters.
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Saudi Arabia joined the International Big Cat Alliance (IBCA) as its new member on 23 May 2026. The IBCA is a treaty-based global entity headquartered in New Delhi and was launched as India's brainchild.
QatarEnergy halted gas liquefaction on 2 March, triggering global LNG market disruption. Kuwait Petroleum Corporation and Bahrain’s Bapco Energies declared force majeure days later.
Iran has struck more than a dozen ships in the 21-nautical-mile-wide Strait of Hormuz since hostilities began two weeks ago. US President Donald Trump publicly called on China, France, Japan, South Korea and the United…
Pakistan has suspended a $1.5 billion agreement to supply weapons and jets to Sudan. The deal was put on hold after Saudi Arabia requested its termination and declined to finance the purchase.
President Droupadi Murmu confers Gallantry Awards at Defence Investiture Ceremony
Key Updates:
- President Droupadi Murmu conferred Gallantry Awards to personnel of the Armed Forces, Central Armed Police Forces (CAPF), and State and Union Territory Police during the Defence Investiture Ceremony at Rashtrapati Bhawan.
- The awards presented included seven Kirti Chakras, 15 Vir Chakras, and 29 Shaurya Chakras.
- Kirti Chakras were awarded to Lance Naik Meenatchi Sundaram A and Group Captain Prasanth Balakrishnan Nair, who is one of the four Gaganyatris for India's maiden Human Space Flight Mission Gaganyaan.
- Sub Inspector Md Imteyaj and Constable Deepak Chingakham of the Border Security Force (BSF) were awarded the Vir Chakra posthumously for their service at the International Border in Jammu.
- Shaurya Chakras were awarded to Major Aditya Pratap Singh for bravery in Arunachal Pradesh, and Inspector Laxman Kewat and Inspector Rameswar Prasad Deshmukh of Chhattisgarh Police for anti-naxal operations.
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President Droupadi Murmu to confer the Padma Awards on 65 distinguished personalities during the second Civil Investiture Ceremony at Rashtrapati Bhavan on June 23. The Padma Awards are announced annually on Republic Day…
President Droupadi Murmu conferred the Shaurya Chakra on Lieutenant Commander Suraj Prashar during the Defence Investiture Ceremony 2026 (Phase-I) at Rashtrapati Bhavan. The award was granted for bravery during Operation…
The International Day of United Nations Peacekeepers is observed annually on May 29. The theme for the 2025 International Day of UN Peacekeepers is 'Invest in Peace'.
Major Prabhat Mishra of the Indian Army received the Birrer-Brookes Award for Outstanding Master of Military Arts and Science Thesis. Major Prabhat Mishra was awarded the General Douglas MacArthur Military Leadership…
India validates first indigenous Human Papillomavirus (HPV) test for cervical cancer screening
Key Updates:
- Researchers from All India Institute of Medical Sciences (AIIMS) New Delhi, Indian Council of Medical Research (ICMR) institutes, and the International Agency for Research on Cancer (IARC) have validated India's first indigenous Human Papillomavirus (HPV) test.
- The Truenat HR-HPV-Plus, developed by Goa-based Molbio Diagnostics, was the only indigenous assay to completely satisfy international validation criteria for cervical cancer screening.
- The study, published in the International Journal of Cancer, evaluated four Indian-developed tests against World Health Organization (WHO) and IARC standards using 1,159 cervical samples.
- The Truenat assay detects eight high-risk HPV types responsible for approximately 95% of cervical cancers and is designed for use at district and sub-district facilities with minimal training.
- The research was supported by the Department of Biotechnology - Biotechnology Industry Research Assistance Council (DBT-BIRAC) under the Grand Challenges India initiative.
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The Indian Council of Medical Research (ICMR) has activated the Viral Shield protocol, utilising a network of 165 specialised Viral Research and Diagnostic Laboratory (VRDL) facilities to monitor the Andes strain of…
World AIDS Vaccine Day is observed annually on 18 May. More than 40 million people worldwide are living with HIV, with approximately 1.3 million people newly acquiring the virus each year.
Telangana Health Minister C Damodar Rajanarasimha declared cancer a notifiable disease and launched a cancer registry on Tuesday. About 55,000 to 60,000 new cancer cases are reported in the state annually.
The Indian Council of Medical Research (ICMR) has launched an Artificial Intelligence (AI) driven pathogen detection tool designed to predict the spread of serious diseases and future pandemics. A new mandate from the…
NLC India Ltd (NLCIL) and CSIR-Central Electrochemical Research Institute (CSIR-CECRI) sign MoU for critical mineral extraction
Key Updates:
- NLC India Ltd (NLCIL) signed a memorandum of understanding (MoU) with the CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi, to collaborate on critical and strategic mineral beneficiation and extraction technologies.
- The partnership will study overburden and tailings from NLCIL's Neyveli mines to assess the potential recovery of rare-earth elements (REEs) and other trace minerals.
- The collaboration may extend to other NLCIL mining projects to evaluate mineral recovery from secondary resources.
- This agreement is aimed at advancing the objectives of the Government of India's National Critical Mineral Mission.
- The strategic partnership seeks to support India's resource security and self-reliance in critical mineral supply chains.
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India and the United Kingdom (UK) launched the Critical Minerals Global Supply Chain Observatory (GSCO). The GSCO is a joint initiative of the Technology Innovation in Exploration and Mining Foundation (TEXMiN) and the…
The Union Cabinet approved the National Critical Mineral Mission (NCMM) with an expenditure of ₹16,300 crore and an expected investment of ₹18,000 crore by public sector undertakings (PSUs) and other stakeholders.…
India and the United States (US) signed a framework agreement titled Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths in New Delhi on 26 May 2026. The agreement was signed by External…
The Ministry of Mines approved 58 companies for participation under the incentive scheme for promotion of critical mineral recycling. The scheme has an outlay of ₹1,500 crore and is part of the National Critical Mineral…
First UN carbon credits under Paris Agreement Article 6.4 face scrutiny over Myanmar junta links
Key Updates:
- The first carbon credits under the Paris Agreement's Article 6.4 mechanism were issued in February 2026 for a cookstove project in Myanmar.
- The project distributes improved cookstoves through a partnership between South Korea's Climate Change Center and Myanmar's Ministry of Natural Resources and Environmental Conservation (MONREC).
- An independent analysis found the project was over-credited by more than 14 times under the Clean Development Mechanism and still over-credited by a factor of seven under revised Article 6.4 methodologies.
- The UN reduced credit issuance by 40% compared to the previous Clean Development Mechanism methodology for the project.
- Credits from the cookstove programme have been traded through South Korea's Emissions Trading System and identified by major Korean corporations in their climate strategies.
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The World Bank (WB) reports that global carbon pricing covers 29 per cent of greenhouse gas (GHG) emissions, with annual revenues from emissions trading systems (ETS) and carbon taxes exceeding $107 billion in 2025.…
The Bureau of Energy Efficiency (BEE) circulated an updated CAFE-3 draft on 8 April, covering 2027-32 and relaxing the permissible emission slope to 0.00158 for 2027-28 and 0.00131 for 2031-32. The relaxed slope grants…
India Leads Global Heat Vulnerability Ranking in Oxford University Study
Key Updates:
- An Oxford University study of 205 cities with populations exceeding one million found that India has the highest number of cities in the world's 50 most heat-vulnerable list, with 14 cities.
- Nigeria and Pakistan follow India in the ranking with five and four cities respectively in the top 50.
- The study, titled “Moving beyond exposure: a globally comparable framework for heat risk assessment in cities”, assesses heat risk based on three factors: hazard exposure, vulnerability, and coping capacity.
- Among Indian cities, Ahmedabad ranks second globally, followed by Madurai (7th), Bhopal (15th), and Kanpur (20th).
- Maharashtra has the maximum number of Indian cities in the top 50, including Nagpur (4th), Pune (23rd), and Mumbai (46th).
- Tamil Nadu is represented by Chennai and Madurai, while Uttar Pradesh is represented by Kanpur and Lucknow.
- Other Indian cities listed in the top 50 are Ahmedabad (Gujarat), Patna (Bihar), Bengaluru (Karnataka), Bhopal (Madhya Pradesh), Jaipur (Rajasthan), Hyderabad (Telangana), and Kolkata (West Bengal).
- The study attributes current heatwave conditions in several Indian cities to El Niño, a climatic phase where trade winds weaken and push warm water toward the eastern Pacific.
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According to live global temperature rankings agency AQI, 97 out of the 100 hottest cities in the world were located in India as of May 22. Balangir in Odisha and Sasaram in Bihar recorded the highest global temperatures…
Bengaluru’s ultraviolet (UV) index reached 13 this year, exceeding the usual summer peak of 12. UV levels above 8 are classified as harmful and can cause significant skin and eye damage.
National Centre for Radio Astrophysics (NCRA) discovers five new millisecond pulsars using uGMRT
Key Updates:
- A team led by doctoral student Jyotirmoy Das at the National Centre for Radio Astrophysics (NCRA) discovered five new millisecond pulsars in the ancient globular clusters Messier 69 (M69) and Messier 70 (M70).
- The detections were made using India’s upgraded Giant Metrewave Radio Telescope (uGMRT), marking the first-ever pulsar detections in these specific clusters.
- The researchers identified two millisecond pulsars in M69 and three in M70, including pulsar M69A, which is in a close orbit with a companion star, likely a white dwarf.
- The findings were published in The Astrophysical Journal as part of the international Globular Clusters GMRT Pulsar Search survey involving researchers from India, Germany, the US, and the UK.
- Millisecond pulsars are dense neutron stars that spin hundreds of times per second and serve as natural cosmic clocks to study gravity and stellar evolution.
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The MeerKAT radio telescope in South Africa captured a mysterious radio signal identified as FRB 20240304B on March 4, 2024. The James Webb Space Telescope (JWST) traced the signal's origin to a small, clumpy, low-mass…
Dr Ronaldo Laishram, a researcher at the National Astronomical Observatory of Japan (NAOJ), led an international astronomy study that discovered a 12.6-billion-year-old structure of young galaxies. The cosmic structure…
A supermassive black hole at the core of a distant galaxy woke up after roughly 100 million years of dormancy. Scientists observed the event during the Clusters Hiding in Plain Sight (CHiPS) Survey, specifically…
Scientists discovered a dwarf galaxy named Loki, after the Norse god of trickery, that was likely consumed by the Milky Way billions of years ago. The findings were published in the journal Monthly Notices of the Royal…
IN-SPACe Invites Expressions of Interest for Transfer of Technology of LVM-3 to Private Sector
Key Updates:
- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has invited expressions of interest (EoI) for the transfer of technology (ToT) of the LVM-3 launch vehicle to the private sector.
- LVM-3, previously known as GSLV-Mk3, is India's heaviest operational rocket and a heavy-lift launcher capable of placing satellites into geostationary transfer orbit and low Earth orbit.
- The LVM-3 successfully launched 72 satellites for the UK-based OneWeb constellation across two missions in 2022 and 2023.
- The Indian Space Research Organisation (ISRO) will provide infrastructural and hand-holding support for a period of 42 months or until the realisation and launch of two LVM-3 vehicles by the selected party, whichever is earlier.
- IN-SPACe has issued an EoI for the Polar Satellite Launch Vehicle (PSLV), while the transfer of technology for the Small Satellite Launch Vehicle (SSLV) was completed last year.
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Agnikul Cosmos successfully test-fired Agnite, which is the world’s largest single-piece 3D-printed booster engine. The Agnite engine is approximately one metre in length and is manufactured using Inconel, a…
Hyderabad-based startup incubator T-Hub launched the third cohort of ORBIT, a spacetech accelerator programme under the AIC T-Hub Foundation. The third cohort inducts 13 startups: Sanyark Space Technologies, Trishul…
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has announced a full transfer of technology of the Polar Satellite Launch Vehicle (PSLV) to the Indian private industry. The opportunity is aimed at…
The Defence Research and Development Organisation (DRDO) successfully completed the final deliverable configuration development trials of the Unmanned Aerial Vehicle Launched Precision Guided Missile (ULPGM)-V3. The…
Kerala on Alert Following Possible Nipah Virus Case in Kozhikode
Key Updates:
- A 43-year-old man from Kozhikode district, Kerala, has tested preliminary positive for the Nipah virus (NiV).
- Samples from the patient have been sent to the National Institute of Virology (NIV) in Pune for confirmation.
- NiV is a zoonotic virus with fruit bats, also known as flying foxes, serving as the natural reservoir.
- The virus can cause encephalitis, which is the inflammation of the brain, and can infect pigs and humans.
- Prevention measures include avoiding contact with sick pigs and bats and refraining from consuming raw date palm sap.
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The UK government raised its Newcastle disease risk level from low to medium after confirmed cases in Spain, Poland and Germany. Newcastle disease is caused by avian paramyxovirus serotype 1 and causes clinical signs…
The Indian Council of Medical Research (ICMR) has activated the Viral Shield protocol, utilising a network of 165 specialised Viral Research and Diagnostic Laboratory (VRDL) facilities to monitor the Andes strain of…
Delhi govt, CSIR-CRRI, SPA sign MoA to make Delhi roads dust-free
Key Updates:
- A tripartite Memorandum of Agreement (MoA) was signed between the Public Works Department (PWD), the Central Road Research Institute (CSIR-CRRI) and the School of Planning and Architecture (SPA) to improve Delhi's road infrastructure.
- For the first time in Delhi, a comprehensive Road Asset Management System (RAMS) will be developed under this agreement.
- Key objectives include making roads dust-free, developing scientific green belts, promoting local plant species, and strengthening rainwater harvesting and stormwater drainage systems.
- CSIR-CRRI will provide technical support in road engineering, pavement technology, road safety and asset management.
- SPA will offer expert guidance on urban design, streetscape planning, public space development, urban landscaping and green infrastructure.
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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…
Pune will institutionalise India's first Low Emission Zone (LEZ) in the Shivajinagar area of its central business district. The initiative is supported by the Institute for Transportation and Development Policy (ITDP)…
Metropolis by Reliance MET City, Haryana, received India’s first LEED Platinum Pre-Certification under the LEED for Cities: Plan and Design rating system, as confirmed by Green Business Certification Inc. (GBCI). LEED…
Envirocatalysts, a Delhi-based research and public policy think tank, launched a public air quality dashboard based on Central Pollution Control Board (CPCB) data since 2015. Delhi's annual average ozone levels rose from…
India Retains Top ICC Men's ODI Ranking
Key Updates:
- India retained the top position in the International Cricket Council (ICC) Men's ODI Team Rankings with 118 points.
- New Zealand is ranked second with 113 points, while Australia holds the third position with 109 points.
- South Africa (102 points) has overtaken Pakistan (98 points) to secure the fourth spot in the Men's ODI rankings.
- India also holds the top position in the ICC Men's T20I Rankings.
- Australia is ranked first in the ICC Men's Test rankings as well as the Women's ODI and T20I lists.
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International Archives Day observed on 9 June 2026 with theme Ensuring and strengthening the preservation and access to archives through digitisation
Key Updates:
- International Archives Day was marked on 9 June 2026 with activities opened in Bamako by Prime Minister Abdoulaye Maïga.
- The theme for the event was Ensuring and strengthening the preservation and access to archives through digitisation.
- The National Directorate of Archives of Mali (DNAM) reported holding approximately 69,500 items, corresponding to 7.405 linear kilometres of documents.
- The DNAM operates within a legal framework established in 2002, which was strengthened in 2018 through a national archives policy and a 2018–2022 action plan.
- Archival history in Mali dates back to 1913 with the establishment of archive repositories in former French West Africa.
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World Oceans Day 2026 is observed on 8 June with the official United Nations (UN) theme Reimagine. The wider action theme for the year is Strong Marine Protected Areas (MPAs) for Our Blue Planet, which supports the…
World Book and Copyright Day, also known as International Day of the Book, is celebrated globally on April 23. The United Nations Educational, Scientific and Cultural Organization (UNESCO) established the day in 1995.
International Museum Day (IMD) is observed globally on 18 May every year to raise awareness about museums as a means of cultural exchange, enrichment of cultures, and development of mutual understanding. The theme for…
Global Recycling Day 2026 was marked by SOMANY Ceramics expanding its waste tile reuse initiative. The initiative repurposed 8,100 sq. ft. of waste tile, diverting 12 tons from landfills and cutting an estimated 4.8 tons…
International Day for Dialogue Among Civilizations observed on June 10 with 2026 theme 'Promoting Exchanges and Mutual Learning among Civilizations and Strengthening International Solidarity and Cooperation'
Key Updates:
- International Day for Dialogue Among Civilizations is observed globally on June 10 every year.
- The 2026 theme is 'Promoting Exchanges and Mutual Learning among Civilizations and Strengthening International Solidarity and Cooperation'.
- The United Nations General Assembly (UNGA) proclaimed June 10 as this day to recognise cultural diversity and dialogue for peace, sustainable development, and human progress.
- The observance builds on decades of international efforts such as the ancient Silk Road and modern international partnerships to encourage intercultural understanding.
- Digital communities are emerging as powerful spaces for cultural exchange and global solidarity in the digital age.
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The World Day for Cultural Diversity for Dialogue and Development is observed annually on 21 May. The global campaign is spearheaded by the United Nations (UN) and supported by the United Nations Educational, Scientific…
India hosted the 10th edition of the Indian Ocean Dialogue (IOD-10) in New Delhi. The IOD-10 was conducted over two days from 07 May to 08 May 2026.
The International Day of Living Together in Peace is observed every year on May 16. The theme for the 2026 observance is Building Trust through Dialogue, Inclusion, and Solidarity.
The United Nations (UN) Chinese Language Day virtual forum is scheduled for 20 April. The theme for the event is “Fluent Futures Forum: Chinese Learning and Youth Engagement for a Multilingual UN 2.0 World”.
Sanjay Lohiya appointed Director on Reserve Bank of India (RBI) and State Bank of India (SBI) central boards
Key Updates:
- Sanjay Lohiya, Secretary of the Department of Financial Services (DFS), Ministry of Finance, has been nominated to the central boards of the Reserve Bank of India (RBI) and State Bank of India (SBI).
- Lohiya was appointed as a director on the RBI Central Board with effect from Thursday.
- He replaces former DFS Secretary Nagaraju Maddirala on the RBI Central Board.
- Lohiya was nominated as a director on the SBI Central Board with immediate effect.
- Lohiya is a 1994-batch Indian Administrative Service (IAS) officer of the Assam-Meghalaya cadre who took charge as DFS secretary on June 1.
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Swaminathan Janakiraman's tenure as Deputy Governor of the Reserve Bank of India (RBI) has been extended for two years effective June 26, 2026. He was initially appointed as RBI Deputy Governor for three years in June…
B Ramesh Babu has been reappointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Karur Vysya Bank. The Reserve Bank of India (RBI) approved the reappointment.
Rohit Jain was appointed as Deputy Governor (DG) of the Reserve Bank of India (RBI) by the appointments committee of the cabinet. His appointment is for a period of three years from the date of joining on or after May 3…
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…
