Aritra Roy summited Mt. Aconcagua in HAL-sponsored solo expedition.
[Hindustan Aeronautics Limited (HAL)]
Key Updates:
- Aritra Roy is a HAL-sponsored Indian mountaineer.
- He summited Mt. Aconcagua, the highest mountain outside Asia, standing at 6,967.15 metres above mean sea level.
- The solo expedition was fully sponsored by Hindustan Aeronautics Limited (HAL).
- Roy reached the summit on January 7, 2026, at 2:00 PM local time.
- He completed a 44-kilometre trek and faced temperatures plunging to minus 40 degrees Celsius, snowstorms and blizzards.
- HAL Chairman and Managing Director Dr D K Sunil congratulated Roy on the achievement.
- Roy dedicated the summit to those who aspire to dream big and pursue their goals with perseverance.
Similar Coverage
- Emirati mountaineer Fatima Abdulrahman Al Awadhi reached the summit of Mount Vinson, the highest peak in Antarctica, on 6 January 2026.
- At the age of 18, she became the youngest and first Arab to reach the summit of the 4,892-metre peak.
- This ascent marks the third major peak in her quest to conquer the Seven Summits and achieve the Explorer’s Grand Slam.
- The expedition was sponsored by Palms Sports and Dar Al Takaful Finance.
- Al Awadhi previously became the youngest Emirati to reach the summit of Mount Elbrus, Europe’s highest peak, on 6 July 2025.
- She is currently a university student majoring in Economics.
- an Indian Army mountaineering team from Eastern Command has successfully summited Mount Kangto 7,042-metre--the highest and hitherto unconquered sentinel peak of Arunachal Pradesh--approaching from the challenging Southern route.
- This accomplishment marks the first recorded successful ascent of the formidable Mount Kangto, long regarded as an unclimbed guardian of the Kameng Himalayas.
- The expedition team was 'Flagged In' by Lt Gen RC Tiwari, Army Commander, Eastern Command, who lauded the mountaineers for their courage, professionalism and perseverance.
- Flagged Off on November 3 from a forward base by the General Officer Commanding, Gajraj Corps, the 18-member team undertook a gruelling expedition across rugged Himalayan terrain.
- Braving extremely rarefied air, harsh sub-zero conditions, treacherous icy ridgelines, deep crevasses, and near-vertical ice walls, the climbers showcased the hallmark attributes of the Indian Army--unmatched grit, discipline, teamwork and an indomitable spirit.
- Kavita Chand conquered Mount Vinson in Antarctica, the highest peak in that continent, that has a height of 4,892 meters above the sea level.
- She had previously conquered Mount Elbrus, the highest peak in Europe.
- Kavita Chand won the Delhi and Mumbai HYROX 2025 competitions in her age group.
- She has also completed three of the six marathons in the prestigious Abbott World Marathon Majors Six Star Challenge.
- Arunachal Pradesh Chief Minister Pema Khandu attended the Golden Jubilee celebrations of the 'Sarok Festival of the Aka Hrusso' community at Bana in Bichom district, marking 50 years of the festival as a symbol of cultural heritage and continuity.
- The Election Commission of India (ECI) has announced the appointment of four more Special Observers in West Bengal to bring greater transparency to the Special Intensive Revision (SIR) of electoral rolls.
- Central Reserve Police Force (CRPF) Director General Gyanendra Pratap Singh IPS took the salute during the Passing Out Parade of CRPF Batch No. 434 at the Recruit Training Centre (RTC), Avadi, in Tiruvallur.
- KIIT shines on the global education map, ranking 5th in India for attracting foreign students.
Reserve Bank of India (RBI) overhauls FEMA guarantees regime, widens automatic route and mandates quarterly reporting.
[Reserve Bank of India (RBI)]
Key Updates:
- Reserve Bank of India (RBI) replaces the 2000 rules with the Foreign Exchange Management (Guarantees) Regulations, 2026.
- Guarantees are freely permitted if the underlying transaction is not prohibited under FEMA and parties are eligible to lend or borrow under FEMA borrowing and lending rules.
- Guarantees issued, modified or invoked must be reported quarterly within 15 days of quarter-end to authorised dealer banks using Form GRN.
- Late submission attracts a fee of Rs 7,500 + 0.025% × amount involved × years of delay (rounded to nearest month and Rs 100).
- Exemptions cover guarantees by overseas/IFSC branches of authorised dealer banks, irrevocable payment commitments by custodian banks for FPIs, and guarantees under Overseas Investment Regulations, 2022.
Similar Coverage
- The Reserve Bank of India (RBI) data shows India’s foreign exchange reserves fell by $9.809 billion to $686.801 billion in the week ended January 02, 2026.
- Foreign Currency Assets (FCAs), the largest component of the reserves, decreased by $7.622 billion to stand at $551.99 billion.
- Gold reserves decreased by $2.058 billion during the week to reach a total of $111.262 billion.
- Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) dropped by $25 million to $18.778 billion.
- The country’s reserve position in the IMF decreased by $105 million to $4.771 billion as of December 26.
- In the previous week ending December 26, the reserves had increased by $3.293 billion to $696.61 billion.
- The RBI intervenes in the foreign exchange market to curb excessive volatility in the rupee without anchoring to any predetermined exchange rate level.
- Residents and non-residents are permitted to undertake transactions in rupee interest-rate derivatives (IRD), according to master directions released by the Reserve Bank of India (RBI).
- Non-residents can enter these trades through their central treasury or group entities if the market maker is authorized to transact on their behalf.
- Market makers include scheduled banks, standalone primary dealers, upper-layer non-banking financial companies (NBFCs), and specified development or specialized banks.
- Market makers must classify participants as retail or non-retail users.
- Non-retail users include NBFCs (other than market makers) and other institutional entities.
- The combined Price Value of a Basis Point (PVBP) of all outstanding IRD trades by non-residents may not exceed ₹1,000 crore.
- After reaching the ₹1,000 crore PVBP limit, fresh positions for non-residents can only be taken for hedging purposes.
- The rules apply to IRD transactions in both the over-the-counter market and on recognized stock exchanges.
- Exchanges are permitted to introduce any IRD product after approval from the RBI.
- Floating rates or indices used in exchange-traded products must be benchmarks published by an authorized financial benchmark administrator.
- Market makers must report global IRD transactions by their offshore-related parties to the central trade repository, operated by Clearing Corporation of India.
- Exchanges offering IRD products must submit reports and documentation to the RBI or designated agencies in specified formats.
- Exchanges must ensure that users are informed of the risks associated with IRD products before they enter the market.
- Foreign portfolio investors and other non-resident investors are not allowed to hold net long positions exceeding ₹5,000 crore across all interest-rate futures.
- Gross short positions for non-residents cannot exceed consolidated long positions in government securities and futures.
- Non-resident IRD transactions must be routed through rupee accounts in India or through vostro accounts for settlement.
- Foreign currency-settled IRD payments may be made through standard banking channels.
- India's Foreign Exchange Reserves increased to $696,610 Million for the week ending December 26 from $693,320 Million in the previous week.
- The reserves reached an all-time high of $704,890.00 Million in September 2024 and a record low of $29,048.00 Million in September 1998.
- The Reserve Bank of India (RBI) Interest Rate was recorded at 5.25% in December 2025, down from 5.50% in the previous period.
- The Cash Reserve Ratio (CRR) stood at 3.00% in November 2025, compared to 3.25% in the preceding month.
- The Reverse Repo Rate was maintained at 3.35% as of November 2025.
- Bank Loan Growth YoY increased to 12.00% in December 2025 from 11.50% in the previous period.
- The RBI Central Bank Balance Sheet was valued at 40,873.89 INR Billion in November 2025.
- Foreign Exchange Reserves in India are projected to reach $710,000.00 Million by the end of the current quarter and trend around the same level in 2027.
- India's Foreign Exchange Reserves averaged $311,804.00 Million from 1998 until 2025.
- The Reserve Bank of India has expanded its alert list of unauthorised online forex trading platforms by adding seven more names, bringing the total count to 95.
- The newly added platforms are Starnet FX, CapPlace, Mirrox, Fusion Markets, Trive, NXG Markets, and Nord FX.
- According to the RBI, all entities on the list are neither permitted to conduct foreign exchange transactions under the Foreign Exchange Management Act, 1999, nor cleared to run electronic trading platforms for forex dealings.
Ministry of Statistics and Programme Implementation (MoSPI) records December CPI inflation at 1.33%
[Ministry of Statistics and Programme Implementation (MoSPI)]
Key Updates:
- India’s headline retail inflation based on the Consumer Price Index (CPI) rose to 1.33 per cent in December 2025 from 0.71 per cent in November.
- Retail food prices fell 2.71 per cent year-on-year in December after falling by 3.91 per cent the previous month.
- The December 2025 retail inflation figure is the last under the existing CPI series; a new series with base year 2024 will be introduced next month.
- The October–December CPI inflation averaged ~0.8 per cent, about 20 basis points higher than the Monetary Policy Committee’s Q3FY26 forecast.
- Core inflation rose to 4.6 per cent in December from 4.4 per cent the previous month, driven by gold and silver price surges.
- Gold inflation hit a record high of 68.66 per cent and silver inflation reached 97.07 per cent in December.
- Excluding gold and silver, December CPI inflation would have been 0.26 per cent.
- The Reserve Bank of India (RBI) expects inflation to average around 4 per cent in the first half of 2026-27.
Similar Coverage
- The Ministry of Statistics and Programme Implementation (MoSPI) will release a new series of Consumer Price Index (CPI) data with the base year 2024=100 on February 12, 2026.
- MoSPI will roll out revised National Accounts data using 2022-23 as the base year on February 27, 2026.
- The new Index of Industrial Production (IIP) series, featuring 2022-23 as the base year, is scheduled for release on May 28, 2026.
- MoSPI convened a pre-release consultative workshop to discuss proposed methodological and structural changes in the revised data series with stakeholders.
- The revision process involves key officials including NITI Aayog Vice Chairman Suman K Bery, Chief Economic Advisor V Anantha Nageswaran, and MoSPI Secretary Saurabh Garg.
- The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) has released the First Advance Estimates of Gross Domestic Product (GDP) for the Financial Year (FY) 2025-26.
- Real GDP is estimated to grow by 7.4% in FY 2025-26, compared to a growth rate of 6.5% in FY 2024-25.
- Nominal GDP is projected to grow at 8.0% in FY 2025-26, reaching an estimated level of ₹357.14 lakh crore.
- Real Gross Value Added (GVA) is estimated to grow by 7.3% to reach ₹184.50 lakh crore in FY 2025-26.
- Nominal GVA is estimated to attain a level of ₹323.48 lakh crore, registering a growth rate of 7.7%.
- Financial, Real Estate & Professional Services and Public Administration, Defence & Other Services are estimated to achieve a growth rate of 9.9% at constant prices.
- Trade, Hotels, Transport, Communication & Services related to Broadcasting sector is estimated to grow by 7.5% at constant prices.
- Manufacturing and Construction sectors in the secondary sector are estimated to achieve a growth rate of 7.0% at constant prices.
- Agriculture & Allied Sector is estimated to grow by 3.1%, while Electricity, Gas, Water Supply & Other Utility Services is estimated at 2.1%.
- Real Private Final Consumption Expenditure (PFCE) is estimated to attain a growth rate of 7.0% during FY 2025-26.
- Gross Fixed Capital Formation (GFCF) is estimated to grow by 7.8% at constant prices, compared to 7.1% in the previous financial year.
- MoSPI is currently revising the base year of National Accounts from FY 2011-12 to FY 2022-23.
- The Second Advance Estimates of GDP for FY 2025-26 under the new base year are scheduled for release on 27.02.2026.
- MoSPI will release a new Consumer Price Index (CPI) series with 2024 as the base year on 12 February 2026.
- National Accounts data using 2022-23 as the base year will be released on 27 February 2026.
- The updated Index of Industrial Production (IIP) series with 2022-23 as the base year is scheduled for release on 28 May 2026.
- A pre-release consultative workshop on the base revision will be held on Tuesday following the first session on 26 November in Mumbai.
- The workshop will present proposed methodological and structural changes in GDP, CPI, and IIP and seek stakeholder feedback.
- Government of India (GoI) will revise the base year for national accounts from 2011-12 to 2022-23.
- The new base year will come into effect from February 26-27 next year.
- The update aims to ensure national account statistics better reflect the present structure of the economy.
- The IMF assigned a C grade to India’s national accounts data due to the outdated base year of 2011-12.
- India’s real GDP rose 8.2% during the July-September quarter.
Centre for Research on Energy and Clean Air (CREA) records India slipping to third rank in Russian fossil fuel imports
[Centre for Research on Energy and Clean Air (CREA)]
Key Updates:
- India’s Russian hydrocarbon imports fell to €2.3 billion in December from €3.3 billion in November.
- Turkiye replaced India as the second-largest buyer, importing €2.6 billion of Russian hydrocarbons in December.
- China retained the top position, accounting for 48% (€6 billion) of Russia’s export revenues from the top five importers.
- Russian crude constituted 78% of India’s purchases, totalling €1.8 billion in December.
- Reliance Industries’ Jamnagar refinery halved its Russian crude imports in December.
- State-owned refiners cut Russian crude imports by 15% month-on-month in December.
- Russia’s share in India’s total crude imports dropped to 25% in December from 35% in November.
Similar Coverage
- Poland expressed satisfaction that India has reduced Russian oil imports.
- EAM S Jaishankar participated in India’s first-ever engagement in the Weimar Triangle format.
- Weimar Triangle consists of France, Germany, and Poland.
- United States (U.S.) president Donald Trump warned on January 4 that Washington could raise tariffs on Indian goods if New Delhi does not stop buying Russian oil.
- At present, Indian shipments face a cumulative 50% import tariff, with half of that directly linked to India’s continued purchases of Russian crude.
- U.S. senator Lindsey Graham is pushing legislation that would impose sweeping secondary tariffs on countries buying Russian oil and gas if Moscow refuses to agree to a ceasefire in Ukraine within 50 days.
- Indian exports to the U.S. fell 20.7% between May and November 2025, and a further escalation in tariffs could deepen the decline.
- As tariff threats harden into policy, the Global Trade Research Initiative (GTRI) says India can no longer afford strategic ambiguity.
- Imports of sunflower oil from Russia have shot up twelvefold in the last four years, making it India’s largest supplier, displacing Ukraine.
- The share of Russian oil in India’s total sunflower oil imports was around 10% in 2021, which rose to 56% in 2024.
- India imported 2.09 million tonnes of sunflower oil from Russia in calendar 2024, up 12 times from about 175,000 tonnes in 2021.
- Less than 5% of the sunflower oil consumed in India is produced locally.
- India meets nearly 60% of its total cooking oil requirement through imports.
- Palm oil accounts for nearly 50% of the total cooking oil consumption, with soyabean and sunflower oils having the second and third largest share.
- Sunflower oil imports rose significantly as it became cheaper than palm oil for the first time ever during 2023 and 2024.
- Sunflower oil imports are expected to fall by about 13% this year due to a steep price rise.
- There is a premium of $150 per tonne on sunflower oil over the palm oil and soyabean oil.
- The share of Russia in sunflower oil imports is expected to remain around 55-60% this year.
- India and Russia aim to raise bilateral trade to $100 billion by 2030.
- India urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products.
- Commerce Secretary Rajesh Agrawal attended the 26th Meeting of the India-Russia Working Group on Trade and Economic Cooperation in Moscow.
- A comprehensive protocol for trade and economic collaboration across various sectors was finalised and signed.
- Potential areas for trade expansion identified include engineering goods, chemicals and plastics, electronics, pharmaceuticals, agriculture, leather, and textiles.
- India showcased its Global Capability Centre (GCC) ecosystem as a platform for Russian firms.
Reserve Bank of India (RBI) widens Payment Aggregator authorization for Innoviti Technologies to cover physical in-store payments.
[Reserve Bank of India (RBI)]
Key Updates:
- Innoviti Technologies received RBI Certificate of Authorization to operate as a Payment Aggregator under the Payments and Settlement Systems Act, 2007.
- The authorization now covers both online and physical in-store payment transactions.
- Innoviti already processes over ₹80,000 crore annually across 2,000+ cities and 50,000+ merchants.
Similar Coverage
- Rediff.com India has received final approval from the National Payments Corporation of India (NPCI) for its Third-Party Application Provider (TPAP) license.
- RediffPay positions itself as India’s first UPI app focused on financial wellness.
- The app will support Credit Line on UPI, allowing users to make merchant payments up to ₹1 lakh per day and withdraw up to ₹10,000 in cash via pre-approved credit lines.
- Axis Bank will serve as the Payment System Provider (PSP) bank for the platform.
- Infibeam Avenues reported processing transactions worth ₹8.67 lakh crore across payments and platform services in FY25.
- The Reserve Bank of India (RBI) has granted final authorisation to Bengaluru-based Skydo to operate as a Payment Aggregator–Cross Border (PA-CB).
- The license enables the company to offer cross-border payment services to Indian MSMEs, freelancers, and startups across multiple currencies and markets.
- Skydo currently serves over 30,000 Indian MSMEs, freelancers, and startups across more than 50 cities.
- The platform supports payment collections in over 32 currencies.
- The company recently raised USD 10Mn in Series A funding led by Susquehanna Asia Venture Capital, with participation from Elevation Capital.
- The total funding raised by Skydo to date stands at USD 20Mn.
- Innoviti Technologies was recognized by ASK Private Wealth and Hurun India as a Cheetah in their India Cheetah-Gazelle-Unicorn Index for the year 2025.
- The recognition for Innoviti Technologies was for Excellence in SaaS-Based Payment Solutions.
- Innoviti unipay powers 18 of top 20 retail enterprises in the country.
- Innoviti genie helps more than 4000 local mobile merchants.
- Innoviti link is India's highest rated payment links app with 50,000+ downloads and a 4.7-star rating on Play Store and App Store.
- Innoviti achieved operating profitability in May 2025.
- Innoviti's payments-centric SaaS software processes over Rs. 80,000 Crore annually from across 2000 cities and over 20,000 merchants.
- The company processes more than 50% of all purchases in enterprise retailers across food & grocery, lifestyle, and healthcare categories.
- Innoviti is backed by Bessemer Venture Partners (USA), FMO (Netherlands), Catamaran Ventures (India), and the Patni Family Office (India).
- Innoviti is the recipient of the Reserve Bank of India's (RBI) final authorization to operate as an online payment aggregator.
- Innoviti won the 50 fastest growing companies in Asia award from Deloitte four times.
- Innoviti has 14 patents awarded, with 11 more in the pipeline.
- Innoviti received the award on Tuesday, December 16, 2025.
- Fintech firm Easebuzz has secured authorisation from the Reserve Bank of India (RBI) to operate as a full-service Payment Aggregator.
- The authorisation covers online, offline, and cross-border transactions.
- Easebuzz is now among only three Indian payment fintechs to hold all three key licenses.
- This approval enables Easebuzz to provide merchants with end-to-end payment capabilities, including online payment acceptance, in-person payments through POS devices and UPI soundboxes, and cross-border inward and outward transactions.
- Rohit Prasad, MD & CEO of Easebuzz, stated that the move stresses the RBI’s “progressive approach” in enabling innovation across integrated payment ecosystems.
- Easebuzz currently serves more than 2.5 lakh merchants.
- It processes around 3 million transactions per day.
- Its annualised Gross Transaction Value stands at over $50 billion.
- For FY2024-25, the company reported revenue of ₹656 crore and a net profit of ₹19 crore.
- Easebuzz continues to focus on sector-specific SaaS integrations as part of its long-term strategy.
- Its verticalised solutions cater to sectors such as education, insurance, NBFCs, travel, e-commerce, retail, government and real estate, embedding payment capabilities via SaaS APIs to digitise and streamline financial workflows.
Reliance Industries (RIL) announces people-first Artificial Intelligence (AI) platform and global clean energy hub
[Reliance Industries (RIL)]
Key Updates:
- Jio will launch a people-first artificial intelligence platform built in India, for India, and the world.
- In Jamnagar, we are building India's largest artificial intelligence-ready data centre with a single goal -- affordable AI for every Indian.
- At Jamnagar, we are building the world's largest integrated clean energy ecosystem, spanning solar, battery energy storage, green hydrogen, green fertilizer, sustainable aviation fuel, and maritime fuels, and advanced materials.
- Our multi-gigawatt utility scale solar project, among the world's largest, will deliver round-the-clock clean power through advanced storage and modern grid integration.
- Jamnagar, once the largest hydrocarbon energy exporter, will in the coming years become India's largest exporter of green energy and material, from Gujarat.
Similar Coverage
- KEO (Knowledge-driven, Economical, Open-source) is an AI-ready personal computer designed and developed entirely within Karnataka by the Department of Electronics, IT & BT in collaboration with KEONICS.
- The device runs on an open-source RISC-V processor with a Linux-based operating system and includes an on-device AI core enabling local AI applications without internet access.
- KEO comes preloaded with BUDDH, an AI agent trained on the DSERT syllabus to assist students in low-connectivity regions.
- It features 4G, Wi-Fi, Ethernet, USB-A and USB-C ports, HDMI, and audio support, and is preloaded with learning, programming, and productivity tools.
- KEO will be formally unveiled by Chief Minister Siddaramaiah at the Bengaluru Tech Summit 2025, with pricing to be announced during the event.
- India has emerged as the world’s largest and most active market for large language model (LLM) adoption, according to an analysis by Bank of America (BofA).
- The country now leads globally in the number of users for popular AI apps such as ChatGPT, Gemini and Perplexity, both in terms of monthly active users (MAUs) and daily active users (DAUs).
- India has the second-largest online population in the world, with more than 700-750 million mobile internet users who consume 20-30 GB of data a month at around $2.
- Telcos such as Jio and Bharti Airtel are offering complimentary subscriptions to paid versions of AI apps like Gemini and Perplexity.
- India could emerge as a testing ground for the next phase of AI, known as agentic AI, which are applications that can reason, plan and execute tasks independently.
- Mukesh Ambani-led Reliance Industries Limited RIL, through its subsidiary Reliance Intelligence Limited, has entered into a strategic partnership with Google to accelerate the adoption of artificial intelligence AI across India.
- The tie-up, aligned with Reliance’s AI for All vision, will see the rollout of Google AI Pro featuring the latest Gemini model for eligible Jio users, free of charge for 18 months.
- Valued at ₹35,100, the offer includes access to Gemini 2.5 Pro, expanded image and video generation through Nano Banana and Veo 3.1, enhanced Notebook LM features, and 2 TB of cloud storage.
- The rollout will begin with early access for 18- to 25-year-olds on unlimited 5G plans and will soon extend to all Jio customers nationwide.
- Reliance will also partner with Google Cloud to expand access to its advanced AI hardware accelerators -- Tensor Processing Units TPUs -- as part of its plan to build clean energy-powered, sovereign compute infrastructure in India.
- The initiative will allow organisations to train and deploy large AI models and improve performance for complex projects.
- The collaboration also makes Reliance Intelligence a key go-to-market partner for Google Cloud’s Gemini Enterprise, a unified platform that allows businesses to create, share, and deploy AI agents securely.
- Atomesus AI, developed under the leadership of Indus Valley Group, is gearing up for its official launch.
- The initiative is led by a group of passionate college innovators with research exposure to ISRO-linked projects.
- The team has created a hybrid AI system that merges the precision of machine learning with the adaptability of contextual reasoning.
- Atomesus AI has built a proprietary integration layer combining in-house development with select global AI systems.
- Its mission is to become the world’s most affordable AI platform for everyone.
- The founders envision launching a fully indigenous AI model, trained and deployed entirely in India using localized data.
- Atomesus AI is part of Indus Valley Group, a conglomerate engaged in AI, space technology, Web3, and citizen-security.
- All systems are compliant with global data-protection and ethical-AI standards.
- The headquarters of Atomesus AI PVT LTD are in New Delhi, India.
Ministry of Electronics and Information Technology (MeitY) to organise BHASHINI Samudaye Workshop
[Ministry of Electronics and Information Technology (MeitY)]
Key Updates:
- The Ministry of Electronics and Information Technology will organise the BHASHINI Samudaye workshop, Strengthening India’s Language AI Ecosystem, in New Delhi.
- BHASHINI Samudaye is a BHASHINI-led collaborative initiative that brings together language experts, academic institutions, civil society organisations, and data practitioners to co-create, govern, and scale language AI solutions for India.
- The workshop will feature focused sessions on scaling BHASHINI, including discussions on platform capabilities, strategic priorities, and pathways for collaboration with stakeholders and implementation partners.
Similar Coverage
- Simplilearn has teamed up with the IndiaAI Mission, operating under India's Ministry of Electronics and Information Technology, to launch the national 'YUVA AI for ALL' foundational course.
- This collaborative effort endeavors to foster AI literacy across India, targeting 10 million citizens for vital AI education.
- The educational program is free and widely accessible, seeking to democratize AI knowledge.
- OpenAI has introduced a new benchmark evaluation, known as IndQA, designed to test a model’s linguistic ability and its grasp of Indian cultural context across domains.
- The IndQA benchmark test comprises 2,278 questions across 12 languages and 10 cultural domains, compiled in partnership with 261 experts from across India, as announced by OpenAI on Monday, November 3.
- The questions span various topics such as Architecture & Design, Arts & Culture, Everyday Life, Food & Cuisine, History, Law & Ethics, Literature & Linguistics, Media & Entertainment, Religion & Spirituality, and Sports & Recreation.
- Questions are written natively in Bengali, English, Hindi, Hinglish, Kannada, Marathi, Odia, Telugu, Gujarati, Malayalam, Punjabi, and Tamil, with Hinglish specifically added due to the prevalence of code-switching in conversations.
- As part of the benchmark test, AI models are asked questions in the form of a culturally grounded prompt in an Indian language, each accompanied by an English translation for auditability and an ideal answer.
- The model’s response is graded against criteria written by domain experts for that specific question, using a rubric-based approach where each criterion is given a weighted point value.
- IndQA has not been designed as an LLM leaderboard that ranks models based on their scores; instead, scores are meant to measure improvement over time within a model family or configuration.
- The Indian Institute of Technology, Indore (IIT-I) is positioning Hindi as a functional language for scientific and technological learning to improve comprehension and widen access to knowledge.
- The initiative is being driven through Abhyuday-3, a two-day National Technical Hindi Seminar organized by IIT-I in collaboration with IIT Jodhpur and the CSIR–National Institute of Science Communication and Policy Research.
- At the institute, select first-year lectures are being delivered in Hindi and research abstracts are being compiled in accordance with prescribed official language standards.
- The seminar resulted in the release of Smarika, a compilation of 26 peer-reviewed research papers written in Hindi covering science, engineering, digital technology, and innovation.
- The program aims to strengthen technical Hindi to ensure wider dissemination of knowledge and reinforce the linguistic diversity of India.
- Ministry of Panchayati Raj (MoPR) launched SabhaSaar, an AI-powered meeting-summarization tool that generates structured Minutes of Meetings from Gram Sabha and other Panchayat meetings using audio/video recordings.
- SabhaSaar is integrated with BHASHINI, the National Language Translation Mission of MeitY, supporting 22 Indian languages for text-to-text translation and 13 Indian languages for voice-to-text transcription.
- As of 28.11.2025, a total of 92,034 Gram Panchayats have used the SabhaSaar tool for automated meeting summarization.
Coromandel International and IIT Madras Research Park sign MoU for Corporate Research Centre
[Coromandel International, IIT Madras Research Park]
Key Updates:
- Coromandel International Ltd signed an MoU with the IIT Madras Research Park to establish a Corporate Research Centre.
- The centre will foster advanced collaboration in agriculture, sustainability and emerging technologies.
- It will act as a hub for joint research programmes, technology incubation, talent development and international collaboration.
Similar Coverage
- NITI Aayog convened a two-day national workshop titled "Sustaining Innovation: Embedding R&D in State Institutions" at Amrita Vishwa Vidyapeetham, Coimbatore.
- The workshop was organised in collaboration with Amrita Vishwa Vidyapeetham and the Tamil Nadu State Council for Science and Technology.
- Tamil Nadu is currently at the forefront of patent filings in India, with nearly 5,000 to 6,000 applications filed annually.
- Amrita Vishwa Vidyapeetham and CSIR-National Institute of Science Communication and Policy Research (CSIR-NIScPR) signed an MoU to facilitate collaboration on research and science-and-technology-related initiatives.
- Karnataka government signed an MoU with Allegiance International Co Ltd of Taiwan to establish the Indo-Taiwan Industrial Technology Innovation Park (ITIP) with a proposed investment of around ₹1,000 crore.
- The project is expected to create about 800 direct jobs as companies set up operations in ITIP over a period of 5 years.
- ITIP will serve as a dedicated hub for Taiwanese companies in electronics and semiconductors, fostering advanced manufacturing, R&D, and innovation.
- The United Economic Forum (UEF) Trade Summit 2025, scheduled for 12th–14th December at the Chennai Trade Centre, had a grand inauguration by Thiru TRB Rajaa, Honourable Minister for Industries, Investment Promotion & Commerce, Government of Tamil Nadu.
- A historic MoU was signed between UEF and the United Nations Sustainable Development Council (UNSDC) to transform 17 of UN's SDGs (Sustainable Development Goals).
- The UNSDC will lead the execution of United Nations Sustainable Development Goals (SDGs) across 45 UEF-associated Educational Institutions, including colleges and schools.
- A 100 crore fund is being set up for entrepreneurs, startups and to scale up businesses, with an initial MoU of 50 crores signed between UEF and Anicut Capital.
- The overarching theme, 'Unnatha Tamilagam – 4Tn for TN,' emphasizes the commitment to empowering 4,500 startups, enabling partnerships, and fostering inclusive economic development.
- A total of 10 MoUs will be signed during the Summit to strengthen strategic partnerships aimed at enabling 10X business growth through advisory support and market access.
- IIT Madras launched the IITM Global Research Foundation aimed at positioning the institute as the world’s first multinational university.
- The initiative will operate through four pillars: technology transfer to global markets, joint international research projects, overseas business opportunities for IIT Madras startups, and attracting foreign investment into the institute’s innovation ecosystem.
- Initial centres will be set up in the US, Dubai, Malaysia and Germany, with plans for expansion.
IOA launches NOEDP and reactivates National Olympic Academy
[Indian Olympic Association (IOA)]
Key Updates:
- The Indian Olympic Association (IOA) has launched the National Olympic Education and Development Programme (NOEDP) and formally revived the National Olympic Academy (NOA).
- PT Usha, IOA chief, was confirmed as president of the National Olympic Academy.
- Olympic medallist and IOA vice president Gagan Narang was appointed director of the academy.
Similar Coverage
- The Sports Ministry (SM) announced that the "Central Government has appointed 1st January, 2026 as the date on which the provisions" of the National Sports Governance Act shall partially come into force.
- The Act paves the way for the "institution of an all-powerful National Sports Board (NSB) and a Tribunal to handle sporting disputes."
- Under the new framework, National Sports Federations (NSFs) "will be required to have Executive Committees of no more than 15 members with at least two Sportspersons of Merit in them."
- The NSB is proposed to be a "three-member body" with the power to "grant affiliation to the National Sports Federations (NSFs)," monitor financial operations, and penalize wrongdoing.
- The "age cap for all members of the NSB has been fixed at 65," while members of the National Sports Tribunal (NST) will "hold office for four years with an age cap of 67 years."
- It is mandatory for NSFs "to take NSB affiliation to be eligible for government funding."
- The Ministry of Youth Affairs and Sports (MYAS) has unveiled a 'Comprehensive Internship Policy for Ministry of Youth Affairs & Sports (MYAS) and its Autonomous Bodies' to create a pipeline of young professionals in sports governance.
- The programme will offer 452 internship positions every year, with selected candidates receiving a monthly stipend of Rs 20,000.
- The government has earmarked a total annual budget allocation of Rs 5.30 crore to fund the internship initiative.
- College and university students will be the primary beneficiaries of the scheme, which aligns with the National Sports Policy and Khelo Bharat Niti 2025.
- The internship programme will follow two recruitment cycles every year, scheduled in January and July.
- Interns will be deployed across MYAS and its autonomous bodies, including the Sports Authority of India (SAI), National Anti-Doping Agency (NADA), and National Dope Testing Laboratory (NDTL).
- The policy seeks to build capacity in areas such as sports governance, administration, sports science, anti-doping, event management and athlete support services.
- Interns will contribute directly to flagship programmes such as Khelo India, Target Olympic Podium Scheme (TOPS), and the Target Asian Games Group (TAGG).