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…
Daily current affairs for 13 April 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.
Today at a glance
[Pension Fund Regulatory and Development Authority, PPFAS Asset Management Company]
Key Updates:
Wealth First Portfolio Managers received Sebi approval to start mutual fund operations. Lakshya Asset Management Company, sponsored by Wealth First Portfolio Managers, will be India’s first AMC headquartered in…
The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines and regulations for establishing a framework for assured payouts under the National Pension…
The Pension Fund Regulatory and Development Authority (PFRDA) issued the circular on Tuesday. The pilot NPS Swasthya Pension Scheme operates under the Regulatory Sandbox Framework as a proof of concept.
The Ministry of Power (MoP) has constituted a high-level committee and a three-member working group to oversee the merger of Power Finance Corporation (PFC) and Rural Electrification Corporation (REC). The working group…
Key Updates:
Global R&D expenditure reached an estimated $2.87 trillion in 2024, up 3% year-on-year, according to World Intellectual Property Organisation (WIPO) data from the Global Innovation Index Database released in December…
Karnataka accounts for 39% of India’s Generative AI (GenAI) startups as per Economic Survey 2025-26. India’s GenAI startup count surged threefold to 890 in the first half of 2025 from 240 in the first half of 2024.
India climbed four spots to secure the 45th rank globally in the Network Readiness Index (NRI) 2025, released by the Portulans Institute. The country's overall score improved to 54.43 out of 100 in 2025, up from 53.63…
Union Minister Jitendra Singh announced the first national call for the BIRAC–RDI Fund, a ₹2,000 crore financing window under the ₹1 lakh crore Research, Development and Innovation (RDI) initiative. The Biotechnology…
[National Bank for Financing Infrastructure and Development, Axis Bank]
Key Updates:
Axis Bank and IndiGo launched the IndiGo Axis Bank Credit Card priced at ₹799 plus GST targeting mass retail customers. The IndiGo Axis Bank Premium Credit Card is priced at ₹5,000 plus GST and is positioned for affluent…
Canara Bank will integrate NPCI BHIM Services Limited (NBSL) bank plugins to offer Unified Payments Interface (UPI) services on its banking app, Canara ai1Pe. Canara Bank is the first financial institution to adopt this…
[CSB Bank]
Key Updates:
The CBUAE has launched the Sovereign Financial Cloud Services Infrastructure (SFCSI), the world’s first sovereign financial cloud for the nation’s financial sector. The SFCSI was developed in partnership with Core42…
slice has introduced India’s first savings account linked to 100% of the Reserve Bank of India (RBI) repo rate. The savings account features daily interest calculation and credit, no minimum balance requirements, and…
Suryoday Small Finance Bank (SSFB) has partnered with technology firm HyperVerge to implement an AI-driven Video KYC system for digital onboarding. The Video KYC system enables verification agents to complete nearly…
Bank of Baroda (BoB) has introduced the bob Women Sapphire Savings Account, a premium savings product designed specifically for women. The account mandates a Monthly Average Balance (MAB) of ₹1 lakh and includes a…
[China, Arunachal Pradesh]
Key Updates:
Uttar Pradesh has more than 20 expressways operational, under construction, or in the planning stage. Yamuna Expressway spans 165.5 km with six lanes, completed in 2012 at an estimated cost of ₹13,300 crore.
Arunachal Pradesh and Mizoram celebrate their Statehood Day on February 20 every year. The article marks 12 years of transformative change in both states since 2015-16.
The Union Cabinet, chaired by Prime Minister (PM) Narendra Modi, approved the easing of FDI norms for all countries sharing land borders with India. The decision involves the amendment of Press Note 3 of 2020, which…
[Telangana]
Key Updates:
The Union Ministry of Environment, Forest and Climate Change (MoEFCC) granted Stage-I forest clearance for the Shree Jagannath International Airport at Puri on 1 April 2026. MoEFCC allowed diversion of 27.886 hectares of…
Singapore Changi Airport (SIN) was named the World’s Best Airport for the 13th consecutive year in the SKYTRAX World Airport Awards 2026. Seoul Incheon International Airport (ICN) rose to 2nd place in 2026 from 4th in…
Prime Minister Narendra Modi inaugurated Phase I of Noida International Airport at Jewar, Gautam Buddha Nagar, Uttar Pradesh on 28 March 2026. Directorate General of Civil Aviation (DGCA) granted the Aerodrome License to…
The Union Cabinet approved the proposal to declare Madurai airport as an international airport to boost global connectivity. Madurai will become the third international airport in Tamil Nadu once the status change is…
Key Updates:
Indian Navy assumed command of Combined Task Force 154 (CTF 154), a multinational training task force under Combined Maritime Forces (CMF), on 11 February at CMF headquarters in Manama, Bahrain. Commodore Milind M…
This was 22nd such high-level meeting between the two forces. Deliberations focused on enhancing collaboration in Maritime Search and Rescue (SAR), Marine Pollution Response (MPR), Maritime Law Enforcement (MLE) and…
Indian Navy hosted the Indian Ocean Naval Symposium (IONS) maritime exercise at Maritime Warfare Centre of Southern Naval Command in Kochi last Friday. The exercise brought together delegates from IONS member navies to…
Vice Admiral Sanjay Bhalla, Flag Officer Commanding-in-Chief, Eastern Naval Command (ENC), inaugurated the MILAN Village at the ENC base in Visakhapatnam on Sunday. The MILAN Village is set up at the ENC Sailors’…
[Uzbekistan]
Key Updates:
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.
The 13th edition of the India–Kyrgyzstan joint military exercise Khanjar will be conducted in Misamari, Assam from 4 to 17 February. Exercise Khanjar, initiated in 2011, is an annual training event with venues…
An Indian Army contingent has departed for Egypt to participate in the fourth edition of the India-Egypt Joint Special Forces Exercise Cyclone-IV scheduled at Anshas from April 9-17. The Indian contingent comprises 25…
The Indian Army will host the inaugural International Military Adventure Challenge Cup (IMACC) 2026 from 18 to 23 February 2026 in the foothills of the Eastern Himalayas. Military teams from India and seven friendly…
Key Updates:
The Reserve Bank of India (RBI) has revised its counterparty credit risk (CCR) framework to align with Basel Committee on Banking Supervision norms. The revisions lower capital add-ons for interest rate and foreign…
The United Nations (UN) has approved the first credits under the Paris Agreement Crediting Mechanism (PACM). The credited project is a clean cooking initiative in Myanmar that distributes efficient biomass cookstoves…
The Bureau of Energy Efficiency (BEE) announced that India will issue its first carbon credits under the Carbon Credit Trading Scheme (CCTS) in October 2026. The scheme consists of two primary components: a mandatory…
The Union Cabinet approved India’s 2035 Nationally Determined Contributions (NDC) to be submitted to the United Nations Framework Convention on Climate Change (UNFCCC). The NDC targets raising the share of non-fossil…
Key Updates:
Researchers from Nagaland University and Indian Council of Medical Research (ICMR), Dibrugarh, identified 39 plants used by the Sonowal Kachari community in Lakhimpur district, Assam, for treating ailments like fever…
The National Highways Authority of India (NHAI) will develop pollinator corridors along selected highway stretches during 2026–27. Native species to be planted include Neem, Karanj, Mahua, Palash, Bottle Brush, Jamun and…
World Wildlife Day is observed annually on 3 March and in 2026 focuses on medicinal and aromatic plants. Danna J. Leaman, outgoing co-chair of the Medicinal Plant Specialist Group of the Species Survival Commission at…
The National Biodiversity Authority (NBA) has operationalised a web-based portal enabling fully digital submission, review, and issuance of certificates of origin for cultivated medicinal plants. The portal replaces…
[Indian Space Research Organisation (ISRO), Andhra Pradesh]
Key Updates:
The Defence Research and Development Organisation (DRDO) successfully conducted the qualification level load test of the Drogue Parachute for the Gaganyaan programme on 18 February 2026 at the Rail Track Rocket Sled…
Defence Research and Development Organisation (DRDO) and the Indian Navy jointly conducted four successful in-flight release trials of the indigenous Air Droppable Container ADC-150 from the P8I aircraft off the coast of…
Indian Space Research Organisation (ISRO) conducted a sea-level hot test of its CE20 cryogenic engine at 22-tonne thrust at the ISRO Propulsion Complex on March 10. The CE20 engine powers the upper cryogenic stage of the…
Southern Air Command (SAC) conducted the joint maritime exercise Kalari Leap in the Lakshadweep and Minicoy archipelago on 24 February 2026. The exercise involved the participation of the Armed Forces Special Operations…
[Telangana, Deakin University]
Key Updates:
IIT Madras Global Research Foundation will establish its inaugural Applied Artificial Intelligence Innovation Centre at Dubai CommerCity. MCA Gulf is the partner for the centre.
The Indian Institute of Management, Udaipur (IIMU) successfully hosted the third edition of the D'Future: India Digital Conclave at the T-Hub in Hyderabad. The conclave focused on technology-led growth, resilient…
HCL Technologies (HCLTech) and Indian Institute of Technology (IIT) Kanpur signed an MoU to convert research into real-world pilots and scalable solutions for Global Capability Centres (GCCs). The collaboration focuses…
Union Minister for Education Dharmendra Pradhan launched the two-day Bharat Bodhan AI Conclave-2026 in New Delhi. The conclave focuses on four verticals: AI for school education, AI for higher education, AI for skilling…
[Sikkim]
Key Updates:
The Meghalaya government and Starlink India signed a Letter of Intent on Wednesday to pilot satellite-based internet in remote hill regions. The pilot will cover education, healthcare, disaster management, and economic…
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.”
World Radio Day 2026 was observed in Pune with an evening of talks and a documentary screening at Firodia Hall, Bhandarkar Oriental Research Institute. The event aligned with UNESCO’s theme for the year — Radio and…
The Gujarat Government signed a Letter of Intent (LoI) with Starlink Satellite Communications Private Limited (Starlink), a subsidiary of SpaceX, to enhance digital connectivity in remote and underserved areas. The LoI…
[United States]
Key Updates:
Montana Governor Greg Gianforte and Consul General of India in Seattle Prakash Gupta jointly unveiled the bust of Mahatma Gandhi at the Mike Mansfield Centre of the University of Montana in Missoula. The bust is a gift…
The 475-year-old Our Lady of Grace Cathedral in Vasai, Maharashtra, received the Award of Merit at the 2025 United Nations Educational, Scientific and Cultural Organization (UNESCO) Asia-Pacific Awards for Cultural…
India condemned the vandalism and removal of the Mahatma Gandhi statue at the Australian Indian Community Centre in Rowville, Melbourne, Victoria. The bronze statue, weighing around 420 kg, was unveiled on 12 November…
Rituparna Sengupta was honoured with the Women Empowerment Award for Art and Culture at the House of Commons, Westminster Parliament, UK. The award was presented by Seema Malhotra and Virendra Sharma at an event…
[Russia, Stanford University]
Key Updates:
The University Grants Commission (UGC) has identified 32 fake universities operating across 12 states in India. Delhi has the highest number of such universities with 12, followed by Uttar Pradesh with four.
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…
QS World University Rankings: Europe 2026 was released on 28 January 2026. University of Oxford (UK) tops the ranking, overtaking ETH Zurich (Switzerland) and Imperial College London (UK).
Russia has blocked WhatsApp for alleged legal breaches, according to Kremlin spokesperson Dmitry Peskov. Peskov attributed the ban to WhatsApp’s reluctance to comply with Russian law.
Key Updates:
Ms. Sagarika Chakraborty, Chief Executive Officer (CEO) of IIRIS, and Prof. Dr. Harpreet Kaur, Vice Chancellor of National Law University (NLU), Jodhpur, signed a Memorandum of Understanding (MoU) to establish the IIRIS…
Reserve Bank of India (RBI) received the Initiative of the Year Award from London-based Central Banking for introducing the .bank.in domain. India became the first country globally to mandate a secure and exclusive…
GIFT City and AJNIFM signed an MoU on 18 February 2026 to collaborate on capacity building, academic engagement, and knowledge exchange in international finance, governance, and financial technology under the GIFT…
The Centre for Development of Telematics (C-DOT) received global recognition at the Mobile World Congress 2026 held in Barcelona, Spain. C-DOT’s indigenous AI-driven fraud detection solution, Fraud Pro, made it a top…
Key Updates:
E.A. Rajendran, veteran Malayalam actor-director, died at age 71 at his residence in Pattathanam, Kollam. He was a graduate of the National School of Drama and appeared in around sixty Malayalam films.
Abhijit Majumdar, Odia composer-singer, died at the age of 54 while undergoing treatment at AIIMS Bhubaneswar. He was admitted to AIIMS Bhubaneswar on September 4 last year with hypertension, hypothyroidism and chronic…
André Béteille died in New Delhi on Tuesday night after a prolonged age-related illness at the age of 91. He was born in West Bengal to a French father and an Indian mother and completed his MA at Calcutta University…
Netaji Subhas Chandra Bose Jayanti 2026 was observed on January 23, marking his 129th birth anniversary. The day was celebrated as Parakram Diwas to honour Netaji’s courage, leadership and role in India’s freedom…
Key Updates:
Renowned sociologist, writer, and former Jawaharlal Nehru University (JNU) professor T K Oommen passed away in Gurugram, Haryana, at the age of 88 on 27 February 2026. He was awarded the Padma Bhushan, India's…
Mohsina Kidwai died at the age of 94, as confirmed by her family. She won her first election from Barabanki at the age of 28.
Ricky Andrew J Syngkon, 54, Shillong Lok Sabha MP and founding member of Voice of the People Party (VPP), died on Thursday evening at a hospital in Shillong after a sudden cardiac arrest while playing futsal in Mawlai…
Biren Singh Engti, veteran Congress leader and former Union Minister, died at the age of 81 in a private hospital in Guwahati. He represented the Diphu constituency in Lok Sabha five times.