📰 Daily Briefing Friday, Jan 16

Daily Current Affairs: 16 January 2026

Analysis for 16 January 2026

Shatrujeet Singh Kapoor appointed as Director General of Indo-Tibetan Border Police (ITBP)

[Indo-Tibetan Border Police (ITBP)]

Key Updates:

  • Shatrujeet Singh Kapoor, former Haryana Police chief, has been appointed as the Director General of the Indo-Tibetan Border Police (ITBP).
  • He succeeds Praveen Kumar, who has become the head of the Border Security Force (BSF).
  • Kapoor, a 1990-batch IPS officer, had been relieved from the post of Haryana DGP following controversy related to the suicide of IPS officer Y Puran Kumar.
  • Kapoor will serve as ITBP chief until October 31, 2026.

Similar Coverage

Shashwat Sharma appointed as Managing Director and Chief Executive Officer of Airtel India (Mid of December)
  • Shashwat Sharma has been appointed as Managing Director and Chief Executive Officer of Airtel India for a five-year term, subject to shareholder approval.
  • Gopal Vittal has been appointed as Executive Vice Chairman of Bharti Airtel for a five-year term, subject to shareholder approval.
  • Soumen Ray has been appointed as Group Chief Financial Officer of Bharti Airtel.
  • Akhil Garg has been appointed as Chief Financial Officer of Airtel India.
  • Rohit Krishan Puri has been appointed as Company Secretary and Compliance Officer of Bharti Airtel.
Praveen Kumar takes additional charge as Director General of Border Security Force (BSF) (Start of December)
  • Praveen Kumar has taken additional charge of BSF Director General following the retirement of Daljit Singh Chawdhary.
  • Daljit Singh Chawdhary handed over the responsibilities to Praveen Kumar at a BSF camp in Chhattisgarh’s Raipur.
  • Praveen Kumar is the 35th Director General of Indo-Tibetan Border Police (ITBP).
  • Daljit Singh Chawdhary is a 1990-batch IPS officer of Uttar Pradesh cadre.
  • Praveen Kumar is a 1993-batch officer of West Bengal cadre.
  • Daljit Singh Chawdhary took charge as BSF Director General in August 2024.
B P Kanungo appointed as non-executive chairman of IIFL Finance Ltd (End of December)
  • B P Kanungo has been appointed as the non-executive chairman of the board of IIFL Finance Ltd.
  • He served as Deputy Governor of the Reserve Bank of India from 2017 to 2021 and was a member of the Monetary Policy Committee.
  • As chairman, Kanungo will lead the board in setting strategic direction, enhancing governance standards, and safeguarding the interests of shareholders, customers, regulators, and other stakeholders.
Skill India Centre Baghpat inaugurated to boost rural skilling (End of November)
  • Union Ministers Ashwini Vaishnaw and Jayant Chaudhary jointly inaugurated the Skill India Centre in Baghpat district of Uttar Pradesh.
  • The centre in Baraut will offer quality skilling to unlock local aspirations and expand opportunities.
  • It is positioned as a gateway for youth in rural and underserved regions to access new-age skills and contribute to India’s growth.

Rakesh Aggarwal appointed Director General of National Investigation Agency (NIA)

[National Investigation Agency (NIA)]

Key Updates:

  • Rakesh Aggarwal, a 1994 batch IPS officer of Himachal Pradesh cadre, has been appointed as the regular Director General of National Investigation Agency (NIA).
  • He had been serving as interim head of NIA after the premature repatriation of incumbent Sadanand Date.
  • Praveen Kumar, a 1993 batch IPS officer of West Bengal cadre, has taken over as Director General of Border Security Force (BSF).
  • He was earlier serving as ITBP DG while also holding additional charge as BSF DG.
  • Shatrujeet Singh Kapoor, a 1990 batch IPS officer and former DGP of Haryana, has been appointed as Director General of Indo-Tibetan Border Police (ITBP).

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Lav Aggarwal appointed as Director General of Directorate General of Foreign Trade (DGFT) (Start of January)
  • Lav Aggarwal, previously Additional Secretary in the Ministry of Women and Child Development, appointed as Director General of DGFT.
  • Rabindra Kumar Agarwal appointed to head Food Corporation of India (FCI).
  • Srikant Nagulapalli assigned role in Ministry of Petroleum.
Anil Kaushik, Davinder Pal Singh, Kanakamedala Ravindra Kumar appointed as Additional Solicitors General for India (End of December)
  • Anil Kaushik, Davinder Pal Singh, and Kanakamedala Ravindra Kumar have been appointed as Additional Solicitors General for India (ASGIs) to represent the Union government before the Supreme Court.
  • Their tenure as ASGIs is for three years.
  • They will assist the Solicitor General in handling constitutional, statutory, and policy-related matters before the apex court.
Rakesh Aggarwal assigned additional charge of Director General of National Investigation Agency (NIA) (End of December)
  • Rakesh Aggarwal, a 1994-batch Indian Police Service (IPS) officer of Himachal Pradesh cadre, has been assigned the additional charge of Director General of National Investigation Agency (NIA).
  • He is currently serving as Special Director General of the NIA.
  • The assignment follows the premature repatriation of incumbent DG Sadanand Vasant Date, a 1990-batch Maharashtra cadre IPS officer, to his parent cadre.
  • Aggarwal will hold the additional charge till the appointment of a regular incumbent or until further orders, whichever is earlier.
Suresh Goyal appointed as Director General of National Council of Applied Economic Research (NCAER) (Mid of December)
  • Suresh Goyal will take over as the director general of the National Council of Applied Economic Research (NCAER) on January 5, 2026.
  • He succeeds Poonam Gupta, who led the organisation from July 2021 to April 2025.
  • Goyal joins NCAER after serving as the Managing Director and CEO of the National Highway Infra Trust (NHIT).

Vikas Chadha appointed as Global Chief Executive Officer of TVS Supply Chain Solutions Limited (TVSSCS).

[TVS Supply Chain Solutions Limited (TVSSCS)]

Key Updates:

  • Vikas Chadha has been appointed as the Global Chief Executive Officer of TVS Supply Chain Solutions Limited (TVSSCS) with effect from January 22, 2026.
  • He succeeds Ravi Viswanathan, who will retire during the 2026-27 financial year.
  • During the transition, Viswanathan will continue as Managing Director and work closely with Chadha to ensure leadership continuity.

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Vivek Chaturvedi appointed Chairman of Central Board of Indirect Taxes and Customs (End of November)
  • Vivek Chaturvedi, a 1990 batch Indian Revenue Service (C&IT) officer, has been appointed as the new Chairman of the Central Board of Indirect Taxes and Customs (CBIC).
  • He succeeds Sanjay Kumar Agarwal, who superannuated.
  • Chaturvedi is currently serving as Member, CBIC Board (Tax Policy and Legal).
  • He has earlier served as Director General of Analytics and Risk Management (DGARM) and as Principal Director General of Vigilance and Chief Vigilance Officer for the Board.
Jeyandran Venugopal appointed President and CEO of Reliance Retail Ventures Ltd (RRVL) (Start of December)
  • Jeyandran Venugopal has been appointed as President and Chief Executive Officer of Reliance Retail Ventures Ltd (RRVL).
  • He will work closely with Isha Ambani and the leadership team of Reliance Retail under the guidance of Mukesh Ambani and Manoj Modi.
  • Prior to this, Venugopal served as Chief Product and Technology Officer at Flipkart.
Neal Mohan named TIME's 2025 CEO of the Year (Start of December)
  • Neal Mohan, CEO of Google-owned YouTube, was named TIME Magazine's 2025 CEO of the Year.
  • He took charge as YouTube CEO in 2023 after Susan Wojcicki stepped down.
  • Mohan had earlier served as YouTube's Chief Product Officer since 2015 and led launches of YouTube TV, YouTube Music and Premium, and Shorts.
Venu Srinivasan conferred with CII Quality Ratna Award (Mid of November)
  • Venu Srinivasan, Chairman Emeritus of TVS Motor Company, received the CII Quality Ratna Award.
  • The award was presented at the 33rd CII Excellence Summit organised by the CII Institute of Quality in Kolkata.
  • The summit gathered over 1,000 quality champions and business leaders to discuss elevating Indian manufacturing.

Department for Promotion of Industry and Internal Trade (DPIIT) records USD 51 billion FDI inflow in six months

[Department for Promotion of Industry and Internal Trade (DPIIT)]

Key Updates:

  • India has received foreign direct investment (FDI) worth USD 51 billion in the last six months.
  • DPIIT will organise National Startup Day on January 16, during which 75 Grand Challenges will be launched to foster innovation and problem-solving across sectors.
  • More than 3,000 requests have been received to participate in National Startup Day.
  • 20 National Startup Awards will be presented on National Startup Day to recognise excellence in entrepreneurship.

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Bank of Baroda (BoB) ranks Andhra Pradesh as top investment destination with 25.3% share of proposed capital in FY26. (Start of January)
  • Andhra Pradesh captured 25.3% of all proposed investments nationwide in the first nine months of FY26.
  • Odisha and Maharashtra followed with 13.1% and 12.8% shares respectively.
  • The combined share of Andhra Pradesh, Odisha, and Maharashtra reached 51.2% of India’s total proposed capital investment.
  • Nationwide investment announcements totaled Rs 26.6 lakh crore, marking an 11.5% year-on-year increase.
  • Power sector led with 22.6% of investments, with renewables dominating the segment.
  • Metals accounted for 17.3% of proposed investments, supporting capital formation across roads, automobiles, and housing.
  • Construction maintained a steady 4% share, covering both housing and commercial complexes.
  • Andhra Pradesh Minister Nara Lokesh attributed the performance to consistent reforms, fast decision-making, and investor-friendly policies.
Government data shows India’s FDI inflow rises 18% to USD 35.18 bn in Apr-Sep (Start of December)
  • India’s Foreign Direct Investment (FDI) rose over 18% in April-September to USD 35.18 billion.
  • FDI equity inflow during April-September stood at USD 16.55 billion.
  • Inflows from the US more than doubled to USD 6.62 billion in April-September.
  • Services sector accounted for 16% of total FDI equity inflow, amounting to USD 5.10 billion.
  • Maharashtra received the highest share of FDI equity inflow at 31%, totaling USD 10.57 billion.
  • Karnataka and Gujarat followed with 21% and 15% of FDI equity inflow respectively.
US and Singapore together accounted for over one-third of India’s FDI in FY25: RBI FLA census (End of October)
  • The United States and Singapore together accounted for over one-third of the FDI in India during 2024-25.
  • Out of 45,702 responding entities, 41,517 reported foreign direct investment and/or overseas direct investment in their balance sheet for March 2025.
  • The US share of total FDI during 2024-25 was 20 per cent, followed by Singapore (14.3 per cent), Mauritius (13.3 per cent), the UK (11.2 per cent) and the Netherlands (9 per cent).
  • Total FDI in 2024-25 stood at Rs 68,75,931 crore, up from Rs 61,88,243 crore in the preceding year.
  • The manufacturing sector held the highest share of total FDI equity capital at market value (48.4 per cent) and at face value (37.8 per cent).
  • Outward direct investment in 2024-25 was Rs 11,66,790 crore, with Singapore (22.2 per cent), the US (15.4 per cent), the UK (12.8 per cent) and the Netherlands (9.6 per cent) as top destinations.
  • Growth of ODI in rupee terms (17.9 per cent) outpaced that of FDI (11.1 per cent) in 2024-25, bringing the inward-to-outward DI ratio to 5.9 times from 6.3 times a year earlier.
Hub71, UAE-India CEPA Council sign pact to boost cross-border startup expansion (End of November)
  • Hub71, Abu Dhabi's global tech ecosystem, has entered into a strategic partnership with the UAE-India CEPA Council.
  • The agreement was signed on November 21 on the sidelines of the Abu Dhabi Investment Forum (ADIF) in Mumbai.
  • Hub71 will onboard the five winning startups selected through the Series into the Hub71 Immersion Programme.
  • From the five winning startups, Hub71 will select one startup to be onboarded into the Access programme.
  • The UAE-India Startup Series has already received more than 10,000 applications from across India.

Chinese customs data records India-China bilateral trade at all-time high of USD 155.62 billion in 2025.

[China]

Key Updates:

  • Indian exports to China rose to USD 19.75 billion in 2025, up USD 5.5 billion from the previous year.
  • Chinese exports to India increased 12.8% to USD 135.87 billion in 2025.
  • The India-China trade deficit widened to a record USD 116.12 billion in 2025, crossing the USD 100-billion mark for the second time since 2023.
  • In 2024, the trade deficit stood at USD 99.21 billion with China’s exports at USD 113.45 billion and India’s exports at USD 14.25 billion.
  • China’s global trade surplus reached almost USD 1.2 trillion in 2025, up 20% from 2024, with exports at USD 3.77 trillion and imports at USD 2.58 trillion.

Similar Coverage

Government of India (GoI) Projects 7.4% GDP Growth for FY26 (Start of January)
  • The Government of India (GoI) projects the real GDP growth at 7.4% for fiscal year 2025–26, exceeding the Reserve Bank of India (RBI) expectation of 7.3%.
  • Nominal GDP growth is estimated at 8% for the current fiscal year, compared to 9.7% recorded in the previous year.
  • India’s GDP growth accelerated to a six-quarter high of 8.2% in the second quarter of FY26, following a 7.8% expansion in the April–June quarter.
  • Real Gross Value Added (GVA) is expected to expand by 7.3% in FY26, an increase from 6.4% in FY25.
  • Nominal GVA is projected to grow at 7.7% in the current fiscal, down from the 9.3% growth recorded in the previous financial year.
  • Government spending is estimated to rise by 5.2% in fiscal 2025-26, compared to a 2.3% increase in the previous year.
  • Manufacturing and construction sectors are both estimated to achieve a growth rate of 7.0% at constant prices in FY 2025-26.
  • The agriculture and allied sector is estimated to grow by 3.1% during FY26, down from the 4.6% growth witnessed in FY24.
United Nations (UN) upgrades India's 2026 GDP growth forecast to 6.6% and projects 6.7% for 2027. (Start of January)
  • The UN has raised India's 2026 GDP growth projection to 6.6% from the earlier 6.4%.
  • India's GDP is forecast to grow 6.7% in 2027.
  • India's GDP is expected to expand 7.4% in 2025.
  • Inflation in India is forecast at 4.1% in 2026.
  • On a financial year basis, India's economy is estimated to grow 7.2% in 2025-26 and 6.6% in 2026-27.
  • The US has imposed a 50% tariff on India, including a 25% penalty for importing Russian oil.
  • The US accounts for around 18% of India's exports.
  • Globally, GDP growth is projected at 2.7% in 2026, marginally lower than the estimated 2.8% for 2025.
  • The US economy is anticipated to grow 1.9% in 2025 and 2% in 2026.
  • China's growth is forecast at 4.9% in 2025 and 4.6% in 2026.
China Customs records first-ever $1 trillion trade surplus for January-November period. (Start of December)
  • China's November trade surplus hit $111.68 billion, the highest since June and up from $90.07 billion the previous month.
  • Exports to the United States dropped 29% year-on-year in November despite a tariff-truce agreement.
  • Exports to the European Union rose 14.8% year-on-year in November.
  • Exports to Australia surged 35.8% year-on-year in November.
  • Exports to Southeast Asia grew 8.2% year-on-year in November.
  • Overall Chinese exports grew 5.9% year-on-year in November, reversing October's 1.1% contraction.
  • Imports increased 1.9% year-on-year in November, below the 3.0% forecast.
  • The average U.S. tariff on Chinese goods stands at 47.5%.
  • China's rare-earth exports jumped 26.5% month-on-month in November.
India’s April-October 2025 exports up 4.84% YoY at US$ 491.80 billion; October trade deficit widens to US$ 21.80 billion (Mid of November)
  • Cumulative exports (merchandise & services) April-October 2025: US$ 491.80 billion vs US$ 469.11 billion in April-October 2024, a 4.84% rise.
  • October 2025 total exports: Rs. 6,46,243 crore (US$ 72.89 billion), down 0.68% YoY; imports rose 14.87% to Rs. 8,39,610 crore (US$ 94.70 billion), yielding a trade deficit of Rs. 1,93,279 crore (US$ 21.80 billion).
  • October 2025 merchandise exports: Rs. 3,04,813 crore (US$ 34.38 billion); merchandise imports: Rs. 6,74,348 crore (US$ 76.06 billion).
  • October 2025 services exports estimated at Rs. 3,41,518 crore (US$ 38.52 billion), higher than the previous year.
  • Electronic goods exports October 2025 up 19.05% YoY; meat, dairy & poultry 30.87%; marine products 11.08%; cashew 126.85%; coffee 10.91%.
  • April-October 2025 merchandise exports: Rs. 22,54,181 crore (US$ 254.25 billion); services exports: Rs. 21,06,118 crore (US$ 237.55 billion).
  • Services exports growth April-October 2025: 9.75%.
  • April-October 2025 imports: Rs. 50,53,177 crore (US$ 569.95 billion), up 5.74% YoY.
  • Non-petroleum & non-gems & jewellery exports April-October 2025: Rs. 18,03,344 crore (US$ 203.40 billion).
  • Major export destinations with strong October 2025 growth: China, Spain, Sri Lanka, Vietnam, Tanzania.

Reserve Bank of India (RBI) tightens complaint review norms and expands Internal Ombudsman oversight.

[Reserve Bank of India (RBI)]

Key Updates:

  • All complaints wholly rejected or partially resolved by regulated entities must be auto-escalated to the Internal Ombudsman for review.
  • Regulated entities must ensure that no complaint is closed by the same branch or touch point that handled it.
  • Compensation may be offered for material loss, loss of time, expenses, and mental agony suffered by complainants.
  • Internal Ombudsman shall be a retired or serving officer of rank equivalent to General Manager, appointed for three years and below 70 years of age at tenure end.
  • Internal Ombudsman reports administratively to the competent authority and functionally to the Customer Service Committee of the Board.
  • Internal Ombudsman shall be a permanent invitee to Customer Service Committee meetings to ensure board oversight.
  • Internal Ombudsman shall not handle complaints received directly from the public, only those escalated after internal review.
  • Decisions by Internal Ombudsman or Deputy Internal Ombudsman must be submitted to the RBI Ombudsman.
  • The directions apply to commercial banks, small finance banks, payments banks, NBFCs, prepaid payment instrument issuers, and credit information companies.
  • Housing finance companies, core investment companies, infrastructure debt fund-NBFCs, NBFC-infrastructure finance companies, non-operative financial holding companies, primary dealers, and mortgage guarantee companies are excluded.

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Reserve Bank of India (RBI) receives 13.34 lakh complaints under RB-IOS in FY25 up 13.55% (Start of December)
  • Reserve Bank of India (RBI) received 13,34,244 complaints under RB-IOS in FY25, up 13.55% from 11,75,075 previous year.
  • Loans and Advances accounted for 29.25% of total complaints.
  • Credit Cards contributed 17.15% of complaints, up 20.04% year-on-year.
  • Mobile and electronic banking complaints stood at 16.86%, down 12.74%.
  • Deposit Accounts made up 16.84% of complaints.
  • ATM/debit cards accounted for 6.10% of complaints.
  • Top five categories constituted 86.20% of all complaints.
  • 91.22% of complaints lodged through online modes such as CMS and email.
  • RBI Contact Centre handled 9.27 lakh calls, up 28.89%.
  • Metropolitan regions contributed 45.86% of complaints.
  • Rural areas accounted for 10.04% of complaints.
  • RB-IOS launched on November 12, 2021.
e-Jagriti Portal: Key Features and Consumer Grievance Redressal Impact (Mid of November)
  • Portal Name: e-Jagriti digital consumer grievance redressal platform, Consumer Affairs Ministry, Government of India
  • Objective: Provide seamless global access and improve resolution efficiency for consumer complaints across India
  • Key Features: OTP-based registration, digital document exchange, virtual hearings, provisions for visually impaired users, paperless processing
Reserve Bank of India (RBI) overhauls FEMA guarantees regime, widens automatic route and mandates quarterly reporting. (Mid of January)
  • 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.
Forest officials appear before OHRC in Satkosia compensation case (End of October)
  • Senior forest officials, including the PCCF Wildlife, appeared before the Odisha Human Rights Commission regarding alleged inadequate compensation for families relocated from Satkosia Tiger Reserve.
  • Complainants alleged that 'hundreds of families from five villages were relocated from the tiger reserve to other places without holding gram sabhas and conducting a proper survey.'
  • The commission heard the case and asked officials to follow the rules; the order is yet to be uploaded on the OHRC website.
  • The next hearing is scheduled for October 30.

Indian Banks' Association (IBA) honours Karnataka Bank with multiple Banking Technology Awards

[Indian Banks' Association (IBA), Karnataka Bank]

Key Updates:

  • Karnataka Bank won the 'Best Fintech & DPI Adoption' category at the IBA Banking Technology Awards.
  • Karnataka Bank was adjudged runner-up in the 'Best Tech Talent' category.
  • Karnataka Bank received special mention in 'Best Technology Bank', 'Best Digital Financial Inclusion', and 'Best Digital Sales' categories.

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The Banker names DBS Global Bank of the Year 2025 (Mid of December)
  • DBS has been named Global Bank of the Year 2025 by The Banker.
  • This marks DBS's third win in the Global Bank of the Year category.
  • DBS also secured Asia Bank of the Year, Singapore Bank of the Year, Investment Bank of the Year – Asia, and Investment Bank of the Year for Financial Institutions Group.
  • The awards were decided from submissions by 294 banks globally.
  • The Banker highlighted DBS's investment in AI to protect customers from financial scams and its commitment to training staff on new technology.
  • DBS's work on smart contracts designed to deliver faster, smoother payments across jurisdictions impressed the judging committee.
  • DBS's approach to applying AI, machine learning, and digital infrastructure across operations and customer services was a key factor in the assessment.
  • DBS recently crossed $100 billion in market capitalisation in 2024, becoming the first Singapore-listed company to do so.
  • For FY24, DBS recorded 11% growth in net profit and 11% growth in Tier-1 capital.
  • DBS's return on equity was 18%, cost-to-income ratio was 39.9%, and non-performing loan ratio was 1.1% for FY24.
Kerala Retains Top Achiever Status in National Ease of Doing Business Rankings 2024 (Mid of November)
  • Scheme Name: Business Reforms Action Plan (BRAP) 2024 national Ease of Doing Business (EoDB) ratings released by Department for Promotion of Industry and Internal Trade (DPIIT), Union Government of India
  • Kerala’s Achievement: State secured “Top Achiever” position in the “Fast Movers” category with 99.1 per cent reform implementation score, up from 91 per cent last year
  • Evaluation Weightage: 70 per cent weightage to investor feedback and 30 per cent to reform completion
  • Implementing Coordination: 22 government departments and agencies led by Kerala State Industrial Development Corporation (KSIDC)
Institute for Development and Research in Banking Technology (IDRBT) and International Institute of Information Technology (IIIT), Hyderabad sign MoU for BFSI research (End of December)
  • The Institute for Development and Research in Banking Technology (IDRBT) has signed a memorandum of understanding (MoU) with the International Institute of Information Technology (IIIT), Hyderabad to collaborate in academics, research, training, student exchange and skill development in the banking, financial services and insurance (BFSI) sector.
  • Joint PhD programmes will be offered to researchers in areas such as digital payments, cyber security, vulnerability management, adoption of AI for customer ease, cryptography, blockchain, and fungible and non-fungible tokens.
  • Other areas of collaboration between IDRBT and IIIT-Hyderabad include standardisation and validation of technology in BFSI, development of domain-specific SLMs, cyber security initiatives, and improving user experience.
  • Osmania University (OU) hosted the International Conference on Biotechnological Innovations for Sustainable Development 2025 (ICBISD 2025), featuring over 200 research presentations on biotechnological innovations.
Global Fintech Awards 2025 announced at Global Fintech Fest in Mumbai (End of October)
  • The sixth edition of Global Fintech Fest 2025 (GFF 2025) was held in Mumbai from October 7-9.
  • The Global Fintech Awards (GFA) 2025 were instituted under GFF 2025 and announced at a gala on October 8 at Jio World Centre, Mumbai.
  • IDFC FIRST Bank won accolades under the Excellence in Banking Tech category for its Green Banking Initiative and Digital Transformation Program of the Year.
  • Yubi was named the Fintech Startup of the Year.
  • Ms. Upasana Taku, Co-founder & CFO, MobiKwik, received the Fintech Person of the Year – Female award.
  • Mr. Yashish Dahiya, Chairman, PB Fintech, received the Fintech Person of the Year – Male award.

Reserve Bank of India (RBI) releases draft foreign exchange risk capital rules effective April 2027.

[Reserve Bank of India (RBI)]

Key Updates:

  • Banks must compute foreign exchange risk capital requirements on a continuous basis at both consolidated and standalone levels.
  • Capital for foreign exchange risk must be maintained at the close of each business day.
  • Banks may exclude specific 'structural' foreign exchange positions from the net open position subject to strict conditions.
  • The methodology for structural foreign exchange positions must be documented in the bank's risk management policy.

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Reserve Bank of India (RBI) permits residents and non-residents to undertake rupee IRD transactions (Mid of December)
  • 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.
Reserve Bank of India (RBI) overhauls FEMA guarantees regime, widens automatic route and mandates quarterly reporting. (Mid of January)
  • 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.
Reserve Bank of India (RBI) injects $5 billion USD/INR swap and Rs 1 lakh crore OMO to ease liquidity. (Mid of December)
  • RBI combines a three-year USD/INR buy-sell swap of $5 billion with open market purchases of government securities worth Rs 1 lakh crore to inject durable liquidity.
  • The measures accompany a 25 basis point repo rate cut to 5.25%, taking the cumulative reduction since February to 125 bps.
  • The rupee has fallen 5% this year, becoming Asia’s worst performer and breaching the 90-per-dollar mark.
  • Foreign portfolio investors have withdrawn more than Rs 1.5 lakh crore, while foreign direct investment and overseas borrowing remain subdued.
  • Currency analysts expect USD/INR to trade within the 89.40–90.95 range.
Reserve Bank of India (RBI) Increases Foreign Exchange Reserves to $696,610 Million (Start of January)
  • 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.

World Bank (WB) raises India’s FY26 growth forecast to 7.2%

[World Bank (WB)]

Key Updates:

  • The World Bank (WB) raised India’s growth forecast for FY26 to 7.2%, up from the 6.3% projected in June 2025.
  • India's Gross Domestic Product (GDP) growth is estimated to moderate to 6.5% in FY27 and edge up to 6.6% in FY28.
  • The National Statistical Office (NSO) estimated India's FY26 growth at 7.4% on January 7.
  • South Asia’s growth is expected to rise to 7.1% in 2025 and slow to 6.2% in 2026.
  • Global growth is projected to moderate to 2.6% in 2026 from 2.7% in 2025.
  • The United States economy is estimated to rise to 2.2% from 2.1%, while China's economic growth is forecast to slow to 4.4% from 4.9%.
  • The WB projections assume that 50% tariffs by the United States remain in place throughout the forecast horizon.

Similar Coverage

Fitch Ratings raises India FY26 GDP forecast to 7.4% from 6.9% (Start of December)
  • Fitch Ratings has raised India’s GDP growth forecast for FY26 to 7.4% from 6.9%.
  • Private consumer spending is the main driver of growth this year, supported by strong real income dynamics and increased consumer sentiment.
  • India’s GDP growth accelerated to a six-quarter high of 8.2% in the second quarter of FY26, up from 5.6% in the same quarter last year.
  • Consumer price inflation fell to an all-time low of 0.3% in October, driven by lower food and drink prices (-3.7% in the year to October).
  • Fitch expects the Reserve Bank of India (RBI) to cut the policy rate once more in December to 5.25%, following 100bp of cuts in 2025.
  • Fitch projects India’s GDP growth to slow to 6.4% in FY27 and further to 6.2% in FY28.
  • India faces one of the highest ETRs on its exports to the US (about 35%); a trade agreement that lowers the ETR would boost external demand.
United Nations (UN) upgrades India's 2026 GDP growth forecast to 6.6% and projects 6.7% for 2027. (Start of January)
  • The UN has raised India's 2026 GDP growth projection to 6.6% from the earlier 6.4%.
  • India's GDP is forecast to grow 6.7% in 2027.
  • India's GDP is expected to expand 7.4% in 2025.
  • Inflation in India is forecast at 4.1% in 2026.
  • On a financial year basis, India's economy is estimated to grow 7.2% in 2025-26 and 6.6% in 2026-27.
  • The US has imposed a 50% tariff on India, including a 25% penalty for importing Russian oil.
  • The US accounts for around 18% of India's exports.
  • Globally, GDP growth is projected at 2.7% in 2026, marginally lower than the estimated 2.8% for 2025.
  • The US economy is anticipated to grow 1.9% in 2025 and 2% in 2026.
  • China's growth is forecast at 4.9% in 2025 and 4.6% in 2026.
Fitch Ratings raises India FY26 GDP growth forecast to 7.4% from 6.9%. (Start of December)
  • Fitch Ratings raised India’s FY26 GDP growth forecast to 7.4% from 6.9%.
  • GDP growth is expected to slow to 6.4% in FY27.
  • India’s GDP growth hit a six-quarter high of 8.2% in Q2FY26.
  • Fitch projects the Indian rupee to strengthen to 87 per dollar by end-2026 from 88.5 projected for end-2025.
  • Retail inflation fell to a record low of 0.25% in October.
  • Fitch expects the Reserve Bank of India (RBI) to cut the policy rate by 25 basis points to 5.25% in December.
  • The RBI has already cut rates by 100 basis points in 2025 so far.
  • Fitch sees the RBI holding the policy rate at 5.25% over the next two years.
  • India faces an effective tariff rate of around 35% on exports to the US.
  • GST reforms effective September 22 shifted to a two-rate structure of 5% and 18%, lowering tax rates on about 375 items.
  • Private investment is projected to pick up in the second half of 2026-27 as financial conditions loosen.
Asian Development Bank (ADB) raises India’s FY26 growth forecast to 7.2% (Mid of December)
  • Asian Development Bank (ADB) raised India’s growth forecast for FY26 to 7.2 per cent from 6.5 per cent.
  • The upgrade for India is 0.7 percentage points.
  • ADB forecasts Asia to grow at 5.1 per cent in 2025, higher than its earlier projection of 4.8 per cent.
  • The 2025 growth estimate for India has been revised to 7.2 per cent.
  • India recorded GDP growth of 8.2 per cent in the second quarter ending September.
  • India's GDP growth was 7.8 per cent in the first quarter, taking the growth rate for the first half of the financial year to 8 per cent.
  • ADB kept its FY27 forecast unchanged at 6.5 per cent.
  • ADB revised the inflation forecast for FY2026 down to 2.6 per cent from 3.1 per cent in September.
  • Reserve Bank of India (RBI) increased its GDP growth estimate for the ongoing financial year to 7.3 per cent from 6.8 per cent.
  • RBI places real GDP growth for the full year at 7.3 per cent.
  • RBI projects Q3 growth at 7 per cent and Q4 at 6.5 per cent.

Pension Fund Regulatory and Development Authority (PFRDA) constitutes high-level committee to enable assured payouts under National Pension System.

[Pension Fund Regulatory and Development Authority (PFRDA)]

Key Updates:

  • 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 System (NPS).
  • The committee will be chaired by Dr. M. S. Sahoo, Founder of Dr. Sahoo Regulatory Chambers and former Chairperson of the Insolvency and Bankruptcy Board of India (IBBI).
  • The 15-member panel comprises experts from law, actuarial science, finance, insurance, capital markets, and academia.
  • The committee has been established as a standing advisory committee on structured pension payouts.
  • Its core objectives include formulating regulations for assured payout products, designing an end-to-end framework for transition from accumulation to payout phase, and enabling legally enforceable, market-based guarantees for assured payouts.
  • The committee will define operational parameters such as lock-in periods, withdrawal limits, pricing methodologies, and fee and cost structures for service providers.
  • It will establish capital and solvency requirements for providers and examine tax implications for payout options within the NPS architecture.
  • The committee will develop standardized disclosure norms to prevent mis-selling and align subscriber expectations with market-based guarantees.

Similar Coverage

EPFO Single-Window Service Centres Revamp (End of December)
  • Union Minister for Labour and Employment and Youth Affairs and Sports, Mansukh Mandaviya, announced that EPFO offices will be revamped into modern, technology-enabled, single-window service centres.
  • All upcoming and several existing EPFO offices will be redesigned on the lines of passport seva kendras, allowing citizens to resolve any EPF-related issue at any regional office nationwide.
  • EPFO will undertake mission-mode KYC verification and launch a dedicated digital platform for simplified claim filing and faster settlements.
  • Claims up to ₹5 lakh are now settled automatically and withdrawals of up to 75 percent of EPF balances have been eased.
  • EPFO will introduce EPF Suvidha Providers—authorised facilitators to assist members in accessing benefits and resolving grievances.
PM Cares Fund: Entitled to privacy protection under RTI Act (Mid of January)
  • The Delhi High Court indicated that the PM Cares Fund (PM CARES), despite being a govt entity, is entitled to privacy protection granted to third-party entities under the RTI Act.
  • The bench of Chief Justice DK Upadhyaya and Justice Tejas Karia questioned, "Even if it (the fund) is state, merely because it is state, does it lose its right to privacy?"
  • The hearing pertained to an appeal against a single judge's order that set aside an order of the Central Information Commission (CIC) that had directed the income tax authorities to disclose information about the PM CARES Fund.
Government to Introduce Two New 'Ratna' Categories for CPSEs (End of October)
  • A ten-member committee headed by cabinet secretary TV Somanathan is examining the re-evaluation of CPSEs and will submit its report ahead of the Union budget for 2026-27.
  • The two new ratna statuses will be based on 'the strategic importance of CPSEs in sectors critical to the country's future economic goals' rather than on size or turnover.
  • New evaluation parameters under consideration include corporate governance, succession planning and leadership development, capital expenditure and dividend payout, sustainable business practices and alignment with Vision 2047.
National Pension System (NPS) allows 80% lump sum withdrawal for non-government subscribers (Mid of December)
  • The Pension Fund Regulatory and Development Authority (PFRDA) notified the amended PFRDA (Exits and Withdrawals under the National Pension System (NPS)) Regulations, 2025, on December 16.
  • Eligible NPS members can now withdraw up to 80 per cent of their retirement corpus as a lump sum at the time of exit.
  • The revised rules apply to subscribers under the All Citizen Model and Corporate NPS, bringing relief to non-government sector employees.
  • The compulsory annuity purchase requirement for non-government subscribers has been reduced to a minimum of 20 per cent of the accumulated pension wealth.
  • Subscribers with accumulated pension wealth up to Rs 8 lakh can withdraw the entire amount as a lump sum.
  • For accumulated pension wealth between Rs 8 lakh and Rs 12 lakh, lump sum withdrawal is capped at Rs 6 lakh, with the balance available for annuity purchase or systematic unit withdrawal over a period of up to six years.
  • For accumulated pension wealth above Rs 12 lakh, at least 20 per cent of the corpus must be used to purchase an annuity, while up to 80 per cent becomes available for withdrawal.

Karnataka Bank enables Khajane-2 e-receipt payments via Internet Banking.

[Karnataka]

Key Updates:

  • Karnataka Bank has integrated Khajane-2 e-receipt payments into its Internet Banking platform.
  • The integration follows authorisation from the Reserve Bank of India (RBI) and approval from the Department of Treasuries, Government of Karnataka.
  • Customers can now pay State government taxes and fees through the Khajane-2 Integrated Financial Management System (IFMS) using the bank’s net banking service.

Similar Coverage

HDFC Bank integrates Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) into SmartGateway (Start of January)
  • HDFC Bank has integrated the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) into its online merchant payment platform, SmartGateway.
  • The integration enables merchants to accept payments via the Digital Rupee at zero transaction cost.
  • The Digital Rupee is offered as a secure and sovereign-backed digital payment option alongside existing modes such as Unified Payments Interface (UPI), cards, and net banking.
  • The enhancement allows customers to access an instant and secure digital payment experience within the HDFC Bank checkout ecosystem.
Reserve Bank of India (RBI) Authorizes PayG for Offline and Cross-Border Payment Aggregator Licenses (Mid of January)
  • The Reserve Bank of India (RBI) has granted approval to PayG to operate as both an Offline and Cross-Border Payment Aggregator.
  • PayG is now authorized to facilitate online payments, QR codes, and international transactions under RBI supervision.
  • The company currently provides payment solutions to over 1,000 small business partners and 50 large companies.
  • PayG has expanded its platform to offer more than 120 ways to pay since its launch in 2020.
  • The new licenses enable the company to support businesses with Point of Sale (POS) terminals and cross-border export transactions.
Reserve Bank of India (RBI) grants BRISKPE final PA-CB authorisation for cross-border inward and outward payments. (Start of January)
  • BRISKPE receives RBI final authorisation to operate as a Payment Aggregator-Cross Border under the Payment and Settlement Systems Act 2007.
  • Authorisation covers both inward and outward payment flows within the RBI PA-CB regulatory framework.
  • BRISKPE becomes one of India’s youngest cross-border payments fintechs to secure PA-CB approval.
  • Platform serves over 10,000 customers, majority being MSME exporters.
  • BRISKPE targets scaling transaction volumes above USD 1 billion by end-2026.
  • Operations integrate with global banks for collections and AD Category-I banks in India.
  • Platform holds ISO 27001, SOC-II-Type-II certifications and is GDPR compliant.
Karnataka CM Siddaramaiah launches e-Swathu 2.0: Rs 2,000 crore revenue boost (Start of December)
  • Karnataka Chief Minister Siddaramaiah launched the revamped digital platform e-Swathu 2.0.
  • e-Swathu 2.0 is expected to generate up to Rs 2,000 crore revenue by regularising 95 lakh properties in gram panchayats across the state.
  • Revenue is estimated to increase by Rs 1,778 crore, potentially up to Rs 2,000 crore with effective implementation.
  • The portal enables residents to obtain digital e-khata documents (Forms 11A and 11B) quickly and transparently.
  • All Panchayat property records will receive 11B accounts within 15 days of application, provided online and through Bapuji Centres.

World Bank (WB) raises India’s FY26 growth forecast to 7.2%

[World Bank (WB)]

Key Updates:

  • The World Bank (WB) raised India’s growth forecast for FY26 to 7.2%, an increase from the 6.3% projected in June 2025.
  • India’s growth is estimated to moderate to 6.5% in FY27, assuming 50% tariffs by the United States remain in place throughout the forecast horizon.
  • The WB projects India’s growth to edge up to 6.6% in FY28, supported by resilient services activity, a recovery in exports, and a pickup in investment.
  • The National Statistical Office (NSO) estimated India’s gross domestic product (GDP) growth for FY26 at 7.4% on January 7.
  • Growth for South Asia is expected to rise to 7.1% in 2025 and slow to 6.2% in 2026, reflecting the impact of higher US tariffs on India’s exports.
  • Global economic growth is expected to moderate to 2.6% in 2026 from 2.7% in 2025.
  • The United States economy is estimated to rise to 2.2% in 2026, while China’s economic growth is projected to slow to 4.4% from 4.9%.

Similar Coverage

Ministry of Statistics and Programme Implementation (MoSPI) projects India’s real GDP growth at 7.4% for FY26. (Mid of January)
  • MoSPI’s First Advance Estimates place FY26 real GDP growth at 7.4%, up from 6.5% in FY25.
  • Nominal GDP growth for FY26 is estimated at 8.0%.
  • Real gross value added (GVA) is projected to rise 7.3% in FY26, with the services sector identified as the key growth engine.
  • Private consumption growth eased to 7% YoY in FY25 versus 7.2% in the previous fiscal.
  • Manufacturing GVA growth is estimated at 7% and Financial, Real Estate & Professional Services plus Public Administration, Defence & Other Services are estimated to grow 9.9% at constant prices in FY26.
  • Agriculture and allied sector GVA growth is pegged at 3.1% while Electricity, Gas, Water Supply & Other Utility Services GVA growth is moderate at 2.1% in FY26.
  • Reserve Bank of India (RBI) had forecasted FY26 GDP growth at 7.3% in its December MPC meeting.
  • CRISIL revised its FY26 GDP growth forecast to 7% after Q2 FY26 data showed 8.2% growth, the fastest in six quarters.
  • India Ratings & Research (Ind-Ra) pegs FY26 real GDP growth at 7.4% and nominal GDP growth at 9%.
  • Bank of Baroda projects FY26 GDP growth in the 7.4%-7.6% range, noting risks from decelerating exports to the US.
  • SBI Capital Markets expects FY26 real GDP growth to exceed 7% and nominal GDP growth at around 8.5% y/y.
  • Acuité Ratings & Research revised FY26 GDP growth estimate to 7.2% from 6.6% after Q2 data.
  • The Second Advance Estimates of GDP for FY26 will be released on 27 February 2026 and will incorporate a base revision to 2022-23.
United Nations (UN) upgrades India's 2026 GDP growth forecast to 6.6% and projects 6.7% for 2027. (Start of January)
  • The UN has raised India's 2026 GDP growth projection to 6.6% from the earlier 6.4%.
  • India's GDP is forecast to grow 6.7% in 2027.
  • India's GDP is expected to expand 7.4% in 2025.
  • Inflation in India is forecast at 4.1% in 2026.
  • On a financial year basis, India's economy is estimated to grow 7.2% in 2025-26 and 6.6% in 2026-27.
  • The US has imposed a 50% tariff on India, including a 25% penalty for importing Russian oil.
  • The US accounts for around 18% of India's exports.
  • Globally, GDP growth is projected at 2.7% in 2026, marginally lower than the estimated 2.8% for 2025.
  • The US economy is anticipated to grow 1.9% in 2025 and 2% in 2026.
  • China's growth is forecast at 4.9% in 2025 and 4.6% in 2026.
India Ratings and Research (Ind-Ra) projects India GDP growth at 6.9% for FY27 (Start of January)
  • India Ratings and Research (Ind-Ra) forecasts real GDP growth of 6.9% in FY27.
  • Ind-Ra expects retail inflation to average 3.8% in FY27.
  • Union government debt as a percentage of GDP is projected to decline to 55.5% in FY27 from an estimated 56.3% in FY26.
  • Ind-Ra anticipates the Indian Rupee to average 92.26 against the US dollar in FY27, compared with 88.64 in FY26.
  • Ind-Ra estimates total budget size to rise to Rs 52 lakh crore in FY27 from the budgeted Rs 50 lakh crore in FY26.
  • Tax revenue is expected to fall short by Rs 2 lakh crore in FY26, to be offset through higher non-tax revenue and slightly lower capex.
  • Fiscal deficit for FY26 is retained at the budgeted 4.4% of GDP, amounting to Rs 15.69 lakh crore in absolute terms.
Goldman Sachs (GS) forecasts India GDP growth at 6.7% for 2026 and 6.8% for 2027. (End of December)
  • Goldman Sachs projects India’s real GDP growth at around 6.7 per cent in 2026 and 6.8 per cent in 2027.
  • Global growth is expected at 2.8 per cent in 2026, above the consensus estimate of 2.5 per cent.
  • Emerging markets, including India, are expected to outperform developed peers amid stronger domestic demand and favourable structural trends.
  • India’s growth benefits from strong domestic consumption, public infrastructure spending and limited exposure to global trade disruptions.
  • Goldman Sachs estimates China to grow at 4.8 per cent in 2026 and 4.7 per cent in 2027.
  • Inflation pressures are expected to ease across most economies by end-2026, supporting accommodative monetary stances in several emerging markets.

Paripoorna Mediclaim Ayush Bima offers CGHS beneficiaries extra health cover with cashless treatment

Key Updates:

  • The government has introduced a new health insurance plan for central government health scheme (CGHS) beneficiaries known as Paripoorna Mediclaim Ayush Bima.
  • It offers indemnity-based in-patient hospitalisation cover within India, with sum insured options of Rs 10 lakh or Rs 20 lakh available to CGHS beneficiaries.
  • AYUSH treatments are covered up to 100% of the sum insured for in-patient hospitalisation; modern treatments are covered up to 25% of the sum insured, with an optional rider for 100% coverage.
  • CGHS beneficiaries need to pay a premium, but the plan is available at a discount of 28% and 42% for 70:30 and 50:50 premium co-sharing, respectively.
  • The policy is optional and can cover up to six family members under a single policy with no GST applicable.

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Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) expands to Odisha and Delhi with Rs 5 lakh annual health cover (End of December)
  • Odisha and Delhi signed MoU with the health ministry for implementation of AB-PMJAY, leaving only West Bengal outside the scheme’s coverage.
  • Ayushman Vay Vandana cards provide free treatment benefits up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of socio-economic status.
  • An Android-based ‘Ayushman app’ launched by National Health Authority enables self-verification and supports face-auth, OTP, IRIS, and fingerprint modes for Ayushman card creation.
Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) expands to Odisha and Delhi with Rs 5 lakh annual health cover (End of December)
  • Odisha and Delhi signed MoU with the health ministry for implementation of AB-PMJAY, leaving only West Bengal outside the scheme’s coverage.
  • Ayushman Vay Vandana cards provide free treatment benefits up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of socio-economic status.
  • An Android-based ‘Ayushman app’ launched by National Health Authority enables self-verification and supports face-auth, OTP, IRIS, and fingerprint modes for Ayushman card creation.
Pradhan Mantri Matru Vandana Yojana provides cash benefit of ₹5,000 for first child and ₹6,000 for second girl child (Start of January)
  • Pradhan Mantri Matru Vandana Yojana is a Centrally Sponsored flagship scheme to provide maternity benefits to women belonging to socially and economically disadvantaged sections of society.
  • Pregnant Women and Lactating Mothers receive a cash benefit of five thousand rupees for the first child and six thousand rupees for the second girl child.
  • Four crore 50 lakh beneficiaries are enrolled under the scheme and more than 19 thousand crore rupees has been disbursed to the beneficiaries.
Health Security se National Security Cess Bill 2025 levies cess on paan masala units to fund defence and public health (Start of December)
  • The Lok Sabha passed the Health Security se National Security Cess Bill 2025 to levy a cess on machines or processes used to manufacture paan masala and similar goods.
  • Finance Minister Nirmala Sitharaman stated that the cess proceeds will be shared with states as public health is a state subject.
  • The Bill aims to raise resources for national security and public health expenditure.

National Campaign on Entrepreneurship to Train 50,000 Community Resource Persons and 50 Lakh SHG Members

Key Updates:

  • The Ministry of Rural Development (MoRD) launched the “National Campaign on Entrepreneurship” under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
  • The key objective of the campaign is to “train and build capacity of 50,000 community resource persons (CRPs) on enterprise promotion and impart EDP training to 50 lakh SHG members of DAY-NRLM.”
  • The campaign was launched on 12th January 2026 with the theme “Promoting Rural Women Entrepreneurship – Har Ghar Udyam, Har Gaon Samriddh.”
  • The initiative supports the MoRD commitment to “enabling at least 3 crore Lakhpati Didis, i.e., SHG women members earning ₹1 lakh or more per annum.”
  • The campaign aims to “catalyse millions of rural entrepreneurs, paving the way for a resilient, inclusive, and self-reliant non-farm rural economy.”
  • The program focuses on the “promotion of non-farm rural enterprises” as a critical pathway to bring transformational change in the income levels of rural women.

Similar Coverage

National Rural Livelihoods Mission (NRLM): Key Features and Impact (Start of November)
  • The scheme is named the "National Rural Livelihoods Mission (NRLM)", India's flagship program for poverty alleviation and women’s economic empowerment.
  • The NRLM was launched in 2011 and is implemented by the "Ministry of Rural Development (MoRD)".
  • A key objective of the NRLM is to mobilize women into Self-Help Groups (SHGs), having successfully mobilized "over 105 million women into more than 9 million Self-Help Groups (SHGs)".
  • The program has established a "massive, resilient community-driven financial inclusion network".
  • Through the NRLM, "Women SHGs have accessed ₹11 Lakh Crore (Rupees Eleven Lakh Crore) in formal financial institution loans since 2013-14".
Women’s Entrepreneurship Day observed annually on November 19 (End of November)
  • Every year on November 19 , the global observance known as Women’s Entrepreneurship Day honors the vision, creativity, and achievements of women who launch and lead businesses, innovate, and drive economic and social change.
  • Founded in 2014 by Wendy Diamond through the Women’s Entrepreneurship Day Organization (WEDO), the day seeks to spotlight the contributions of female entrepreneurs worldwide, support their journeys, and help remove barriers they face.
  • The idea emerged as a response to the fact that although women perform a large share of work globally, they often have less access to economic opportunities, leadership roles, and capital.
  • Wendy Diamond launched the inaugural Women’s Entrepreneurship Day in November 2014, with events held in 144 nations on that first year.
  • Over time the day has grown into a movement supported by events, awards (such as the WEDO Pioneer Awards), and advocacy for policies, funding, and networks that help women-owned businesses thrive.
  • Celebrating Women’s Entrepreneurship Day matters because empowering women entrepreneurs has far-reaching benefits—not only for the individuals themselves, but also for economies, communities, and innovation.
  • It also draws attention to ongoing barriers such as unequal access to finance, fewer mentorship opportunities, social norms, and digital divides—highlighting the need for action and systemic change.
GeM–UN Women MoU: Empowering Women Entrepreneurs in Public Procurement (End of November)
  • MoU signed between Government e-Marketplace (GeM) under Ministry of Commerce & Industry and UN Women to integrate women entrepreneurs from informal sector into India’s public procurement ecosystem.
  • Aims to advance GeM’s Womaniya initiative to increase procurement from women-led enterprises and expand government market access for women entrepreneurs and SHGs.
  • UN Women will design training tools, recommend global gender-responsive procurement models, support validation criteria for women-led businesses, and mobilise women trainers.
  • GeM will conduct capacity-building training, sensitisation workshops for buyers, onboarding events, and connect women-owned enterprises with Government Labs & R&D for product development and quality enhancement.
GeM–UN Women Sign MoU to Empower Women Entrepreneurs in Public Procurement (End of November)
  • The Government e-Marketplace (GeM) has signed a landmark Memorandum of Understanding (MoU) with UN Women.
  • The partnership aims to integrate more women entrepreneurs from the informal sector into India’s public procurement ecosystem.
  • The MoU was signed at GeM’s headquarters in the Jeevan Bharti Building, New Delhi.
  • The MoU places a strong emphasis on advancing GeM’s Womaniya initiative.
  • The Womaniya initiative is designed to increase procurement from women-led enterprises and expand government market access for women entrepreneurs and SHGs.
  • Smt. Kanta Singh, Country Representative, UN Women India, and Shri Ajit B. Chavan, Additional CEO, GeM, officially signed the MoU.
  • GeM serves as the national online procurement portal for Central Government Ministries, State Governments, Public Sector Undertakings (PSUs), and Autonomous bodies.
  • UN Women will contribute strategic expertise and global best practices by designing training tools and recommending global models of gender-responsive procurement.
  • GeM will complement these efforts through capacity-building training for women-led enterprises and sensitisation workshops for government buyers.
  • The MoU directly contributes to SDG 5: Gender Equality and Empowerment of All Women and Girls.
  • The initiative also aligns with the Government of India's broader missions, including Skill India, Startup India, Atmanirbhar Bharat, Make in India, and Digital India.
  • The GeM–UN Women MoU marks a transformative step toward building an inclusive, equitable and gender-responsive public procurement ecosystem in India.

Karuna Abhiyan: Gujarat Deploys 8,500 Personnel for Bird and Animal Rescue

[Gujarat]

Key Updates:

  • The Gujarat Government launched 'Karuna Abhiyan' to rescue birds injured by kite strings and address cattle food poisoning: 'the state government has launched Karuna Abhiyan, a campaign aimed at rescuing birds injured by kite strings and addressing cases of cattle suffering from food poisoning.'
  • The campaign is a joint initiative of the Department of Forest and Environment and the Department of Animal Husbandry: 'launched jointly by the departments of Forest and Environment and Animal Husbandry, in coordination with various voluntary organisations.'
  • The initiative runs from January 10 to January 20 and has established 85 control rooms and over 480 treatment centres: 'The campaign, which began on January 10 and will continue until January 20, has set up 85 control rooms and over 480 treatment centres.'
  • The campaign involves 740 veterinary doctors and approximately 8,500 officials and volunteers: 'More than 740 veterinary doctors and approximately 8,500 officials and volunteers are involved in providing services at the 450 collection centres throughout the state.'
  • Citizens can access assistance via the 1962 helpline or a dedicated wildlife WhatsApp number: 'People can call the helpline at 1962 for assistance with injured birds or unwell animals. Additionally, a wildlife helpline has been created at 8320002000.'

Similar Coverage

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) expands to Odisha and Delhi with Rs 5 lakh annual health cover (End of December)
  • Odisha and Delhi signed MoU with the health ministry for implementation of AB-PMJAY, leaving only West Bengal outside the scheme’s coverage.
  • Ayushman Vay Vandana cards provide free treatment benefits up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of socio-economic status.
  • An Android-based ‘Ayushman app’ launched by National Health Authority enables self-verification and supports face-auth, OTP, IRIS, and fingerprint modes for Ayushman card creation.
PM Modi to Inaugurate Rs 9,700-crore Tribal Welfare Projects in Gujarat on Janjatiya Gaurav Divas (Mid of November)
  • Projects include Grih Pravesh for one lakh houses under PM-JANMAN and DA-JAGUA
  • 42 new Eklavya Model Residential Schools to be inaugurated
  • 250 buses for 14 tribal districts and 748 km of roads to be launched for improved connectivity
  • 14 Tribal Multi-Marketing Centres to be established for tribal produce marketing
Government Initiatives for Tribal Welfare and Development (Mid of November)
  • In 2021, the birth anniversary of Bhagwan Birsa Munda was officially commemorated as Janjatiya Gaurav Diwas.
  • The Shri Govind Guru Chair for Tribal Language Promotion Centre has been established at the Birsa Munda Tribal University; this centre will study the dialects of tribal communities such as Bhil, Gamit, Vasava, Garasia, Kokani, Santhal, Rathwa, Nayak, Dabla, Chaudhary, Kokna, Kumbhi, Warli, and Dodia; stories and songs associated with these communities will be preserved.
  • To address the development of the most backward among the tribal communities, the PM-JANMAN scheme was launched from Khunti in Jharkhand, and ₹24,000 crore is being spent on this initiative.
  • The Dharti Aaba Tribal Village Utkarsh Abhiyan is scripting a new chapter of development in backward tribal villages; over 60,000 villages across the country have joined this campaign; under this campaign, Gram Sabhas have been made the pivot of development.
  • In the past five to six years alone, the central government has allocated over ₹18,000 crore for Eklavya Model Residential Schools across the country; 42 Eklavya Model Residential Schools (EMRS) dedicated to Tribal students worth around ₹1,900 crores were inaugurated.
  • The Ayushman Bharat scheme, launched in 2018 from Ranchi, Jharkhand, provides free medical treatment benefits up to ₹5 lakh to crores of tribal brothers and sisters across the country.
  • A nationwide campaign is currently underway to address and manage sickle cell disease effectively, and under this initiative, six crore tribal brothers and sisters across the country have already been screened.

Ayushman Arogya Mandirs Delhi Expansion Adds 81 New Centres

[Delhi]

Key Updates:

  • Delhi Chief Minister Rekha Gupta inaugurated 81 new Ayushman Arogya Mandirs, raising the city’s total to 319 centres.
  • Patients can now book OPD appointments and access medical records through mobile phones.
  • The BJP government targets 15 Ayushman Arogya Mandirs per Assembly constituency and 1,100 centres across Delhi.
  • Over six lakh Delhi residents have registered under the Ayushman Bharat scheme, with thousands receiving free treatment.

Similar Coverage

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) expands to Odisha and Delhi with Rs 5 lakh annual health cover (End of December)
  • Odisha and Delhi signed MoU with the health ministry for implementation of AB-PMJAY, leaving only West Bengal outside the scheme’s coverage.
  • Ayushman Vay Vandana cards provide free treatment benefits up to Rs 5 lakh per year to all senior citizens aged 70 years and above, irrespective of socio-economic status.
  • An Android-based ‘Ayushman app’ launched by National Health Authority enables self-verification and supports face-auth, OTP, IRIS, and fingerprint modes for Ayushman card creation.
Delhi Government signs MoU with Reserve Bank of India (RBI) for Yamuna rejuvenation and infrastructure capital expenditure. (Start of January)
  • Delhi Government and Reserve Bank of India (RBI) sign MoU making RBI the banker, debt manager and financial agent for Delhi.
  • Market borrowings via State Development Loans will carry interest of around seven per cent, replacing earlier high-cost borrowings at 12-13 per cent.
  • Surplus funds of Delhi Government will be automatically invested daily through RBI mechanisms.
  • Access to Ways and Means Advances and Special Drawing Facilities is enabled for managing temporary cash-flow mismatches.
  • All borrowed funds must be used exclusively for capital expenditure with priority sectors being Yamuna rejuvenation, drinking water supply, health infrastructure, public transport, roads and flyovers.
Delhi Metro Phase V(A) Project: Union Cabinet approves Rs 12,014.9-crore expansion (End of December)
  • The Union Cabinet approved Delhi Metro’s Phase V(A) project, which will add three new corridors spanning 16 kilometres and 13 stations to the network.
  • The Rs 12,014.9-crore project, scheduled for completion in three years, will be funded by the Government of India, the Government of Delhi, and international funding agencies.
  • The three corridors comprise the 9.91-km stretch between Ramakrishnan Ashram Marg and Indraprastha, the 2.26-km link between Aerocity and Indira Gandhi Airport Terminal 1, and the 3.9-km route connecting Tughlakabad to Kalindi Kunj.
  • The expansion will extend the Magenta and Golden lines, taking the total Delhi Metro network to nearly 400 km.
  • The project includes 10 underground and three elevated stations to reduce road congestion and boost the economy.
Delhi's Iconic Nehru Stadium To Be Dismantled And Reborn As 102-Acre "Sports City": Sources (Mid of November)
  • The Jawaharlal Nehru Stadium complex is set to be dismantled and redeveloped into a 102-acre "Sports City"
  • The proposal is driven by "best-practice" studies carried out by officials after the sports minister returned from Qatar
  • The redevelopment aims to create a multi-sport hub with elite training facilities, community provisions and broadcast infrastructure
  • Currently only about 28% of the Nehru Stadium's space is being used
  • There is no firm timeline for the start or completion of the project

Export Preparedness Index (EPI) 2024: Maharashtra tops rankings

[Maharashtra, Uttarakhand]

Key Updates:

  • NITI Aayog released the fourth Export Preparedness Index (EPI) 2024 on Jan 14, 2026, where Maharashtra emerged as the top-performing state followed by Tamil Nadu and Gujarat.
  • The rankings place Maharashtra at the top, followed by Tamil Nadu, Gujarat, Uttar Pradesh, Andhra Pradesh, Karnataka and Punjab, reflecting states’ readiness in terms of export potential, policy support and performance outcomes.
  • Among the smaller states and Union Territories, Uttarakhand secured the top position, followed by Jammu and Kashmir, Nagaland, Dadra and Nagar Haveli & Daman and Diu, Goa and Tripura.
  • The EPI 2024 follows a consistent, data-driven methodology to assess states across parameters such as export policies, business environment, infrastructure quality and export outcomes.
  • NITI Aayog CEO B V R Subrahmanyam stated that the index helps states in fostering ecosystems that can respond to new opportunities, align with global standards, and build competitiveness across districts.

Similar Coverage

RBI releases Handbook of Statistics on Indian States 2024-25 with 11 new data tables (Mid of December)
  • The Reserve Bank of India released the 10th edition of 'Handbook of Statistics on Indian States, 2024-25' disseminating wide-ranging data on regional economies.
  • The Handbook provides sub-national statistics on socio-demographics, health, state domestic product, agriculture, environment, prices, wages, industry, infrastructure, banking, fiscal and exports.
  • Eleven new tables added: State-wise Domestic Tourist Visits; Net State Value Added (current and constant prices); State-wise Status of Ground Water Extraction; State-wise Revenue Expenditure; State-wise Capital Receipts; Market Borrowings of State Governments; State-wise Gender-wise Subscribers of NPS All Citizen; State-wise Gender-wise Enrolments under APY; State-wise Exports; State-wise Foreign Tourist Visits.
Uttar Pradesh Tops Most-Visited States Ranking by Domestic Tourist Arrivals in India 2024-25 (Start of December)
  • India recorded 2,948.19 million domestic tourist visits in 2024.
  • Uttar Pradesh hosted 646.81 million domestic tourists, accounting for 21.94% of the national share.
  • Top five most-visited states accounted for 60.38 per cent of total domestic tourist visits.
  • Top 10 states by domestic tourist arrivals: 1. Uttar Pradesh (646.8M), 2. Tamil Nadu (306.8M), 3. Karnataka (304.6M), 4. Andhra Pradesh (290.3M), 5. Rajasthan (230.1M), 6. Gujarat (184.0M), 7. Maharashtra (189.4M), 8. West Bengal (184.5M), 9. Madhya Pradesh (133.2M), 10. Himachal Pradesh (18.0M).
India's IIP Grows 4% in September 2025, Driven by Manufacturing (End of October)
  • India’s Index of Industrial Production (IIP) rose 4.0% year-on-year in September 2025.
  • The growth was led by a 4.8% expansion in manufacturing.
  • The data was released by the Ministry of Statistics and Programme Implementation (MoSPI).
  • The Quick Estimate of IIP stood at 152.8 in September 2025, up from 146.9 in September 2024.
  • Sector-wise, mining output slipped 0.4%, while electricity generation grew 3.1%.
  • Out of 23 manufacturing sub-groups, 13 recorded positive growth in September.
  • Top performing manufacturing sectors included basic metals (12.3%), electrical equipment (28.7%), and motor vehicles, trailers and semi-trailers (14.6%).
  • Based on use-based classification, infrastructure/construction goods grew 10.5%, consumer durables grew 10.2%, and intermediate goods grew 5.3%.
  • Consumer non-durables recorded a growth rate of –2.9%.
  • The next IIP release, for October 2025, is scheduled for November 28, 2025.
India’s April-October 2025 exports up 4.84% YoY at US$ 491.80 billion; October trade deficit widens to US$ 21.80 billion (Mid of November)
  • Cumulative exports (merchandise & services) April-October 2025: US$ 491.80 billion vs US$ 469.11 billion in April-October 2024, a 4.84% rise.
  • October 2025 total exports: Rs. 6,46,243 crore (US$ 72.89 billion), down 0.68% YoY; imports rose 14.87% to Rs. 8,39,610 crore (US$ 94.70 billion), yielding a trade deficit of Rs. 1,93,279 crore (US$ 21.80 billion).
  • October 2025 merchandise exports: Rs. 3,04,813 crore (US$ 34.38 billion); merchandise imports: Rs. 6,74,348 crore (US$ 76.06 billion).
  • October 2025 services exports estimated at Rs. 3,41,518 crore (US$ 38.52 billion), higher than the previous year.
  • Electronic goods exports October 2025 up 19.05% YoY; meat, dairy & poultry 30.87%; marine products 11.08%; cashew 126.85%; coffee 10.91%.
  • April-October 2025 merchandise exports: Rs. 22,54,181 crore (US$ 254.25 billion); services exports: Rs. 21,06,118 crore (US$ 237.55 billion).
  • Services exports growth April-October 2025: 9.75%.
  • April-October 2025 imports: Rs. 50,53,177 crore (US$ 569.95 billion), up 5.74% YoY.
  • Non-petroleum & non-gems & jewellery exports April-October 2025: Rs. 18,03,344 crore (US$ 203.40 billion).
  • Major export destinations with strong October 2025 growth: China, Spain, Sri Lanka, Vietnam, Tanzania.

Gruha Lakshmi Digital Marketing Portal launched to showcase women entrepreneurs' products globally

Key Updates:

  • The Department of Women and Child Development, Government of Karnataka, has launched the Gruha Lakshmi Digital Marketing portal under the guidance of Chief Minister Sri Siddaramaiah and Deputy Chief Minister Sri D.K. Shivakumar.
  • The portal, accessible at gruhalakshmidigital.org, serves as a state-backed e-commerce marketplace to promote women entrepreneurship across Karnataka.
  • Women entrepreneurs can register on the portal through the website, via District In-charge Officers, or by visiting the Department Head Office.

Similar Coverage

GeM–UN Women Sign MoU to Empower Women Entrepreneurs in Public Procurement (End of November)
  • The Government e-Marketplace (GeM) has signed a landmark Memorandum of Understanding (MoU) with UN Women.
  • The partnership aims to integrate more women entrepreneurs from the informal sector into India’s public procurement ecosystem.
  • The MoU was signed at GeM’s headquarters in the Jeevan Bharti Building, New Delhi.
  • The MoU places a strong emphasis on advancing GeM’s Womaniya initiative.
  • The Womaniya initiative is designed to increase procurement from women-led enterprises and expand government market access for women entrepreneurs and SHGs.
  • Smt. Kanta Singh, Country Representative, UN Women India, and Shri Ajit B. Chavan, Additional CEO, GeM, officially signed the MoU.
  • GeM serves as the national online procurement portal for Central Government Ministries, State Governments, Public Sector Undertakings (PSUs), and Autonomous bodies.
  • UN Women will contribute strategic expertise and global best practices by designing training tools and recommending global models of gender-responsive procurement.
  • GeM will complement these efforts through capacity-building training for women-led enterprises and sensitisation workshops for government buyers.
  • The MoU directly contributes to SDG 5: Gender Equality and Empowerment of All Women and Girls.
  • The initiative also aligns with the Government of India's broader missions, including Skill India, Startup India, Atmanirbhar Bharat, Make in India, and Digital India.
  • The GeM–UN Women MoU marks a transformative step toward building an inclusive, equitable and gender-responsive public procurement ecosystem in India.
GeM–UN Women MoU: Empowering Women Entrepreneurs in Public Procurement (End of November)
  • MoU signed between Government e-Marketplace (GeM) under Ministry of Commerce & Industry and UN Women to integrate women entrepreneurs from informal sector into India’s public procurement ecosystem.
  • Aims to advance GeM’s Womaniya initiative to increase procurement from women-led enterprises and expand government market access for women entrepreneurs and SHGs.
  • UN Women will design training tools, recommend global gender-responsive procurement models, support validation criteria for women-led businesses, and mobilise women trainers.
  • GeM will conduct capacity-building training, sensitisation workshops for buyers, onboarding events, and connect women-owned enterprises with Government Labs & R&D for product development and quality enhancement.
'We Rise' Initiative: NITI Aayog’s WEP and DP World Partner to Empower Women Entrepreneurs (End of October)
  • Initiative Name: 'We Rise- Women Entrepreneurs Reimagining Inclusive and Sustainable Enterprises' launched by NITI Aayog’s Women Entrepreneurship Platform (WEP) and DP World
  • Objective: 'help women entrepreneurs in India to scale their businesses globally through trade facilitation, mentorship, and strategic partnerships'
  • Key Feature: DP World will 'enhance the export readiness of 100 women entrepreneurs' and provide opportunity to showcase products at Bharat Mart in Dubai
  • Implementing Agency: WEP (incubated in NITI Aayog in 2018, transitioned to public-private partnership in 2022)
Pankhudi Portal Launched to Streamline Non-Monetary Contributions for Women & Child Welfare (Start of January)
  • The Union Women and Child Development Minister Annpurna Devi launched 'Pankhudi', a portal to facilitate contributions by individuals, NGOs and corporates to government initiatives for early childhood care and women empowerment.
  • The portal will streamline voluntary and institutional contributions across key thematic areas, including nutrition, health, early childhood care and education (ECCE), child welfare, protection and rehabilitation, and women's safety and empowerment.
  • The portal does not allow monetary contributions and is described as a 'non-monetary, transparent, and result-oriented' platform.
  • Contributors can register on the portal, identify initiatives, submit proposals, and track the status of their contributions through clearly defined approval workflows.

India to Host 16th ADMM-Plus Experts Working Group on Counter-Terrorism in New Delhi

[ASEAN]

Key Updates:

  • India will host the 16th ASEAN Defence Ministers’ Meeting (ADMM)-Plus Experts Working Group (EWG) on Counter-Terrorism (CT) in New Delhi from January 14 to 16, 2026.
  • The 16th EWG on Counter-Terrorism will be co-chaired by India and Malaysia.
  • Participation will include 11 ASEAN member states, 7 ADMM-Plus dialogue partners (Australia, New Zealand, Republic of Korea, Japan, China, United States and Russia), and representatives from the ASEAN Secretariat.
  • Malaysia will host the Table Top Exercise (TTX) in 2026 and India will conduct the Field Training Exercise (FTX) in 2027.

Similar Coverage

India Hosts 16th ASEAN Defence Ministers Meeting-Plus Experts Working Group on Counter Terrorism (Mid of January)
  • India co-chaired the 16th ADMM-Plus Experts Working Group (EWG) on Counter Terrorism with Malaysia.
  • The meeting was addressed by Amitabh Prasad, Joint Secretary (International Cooperation), Ministry of Defence.
  • India highlighted its Act East Policy and ASEAN's centrality in its Indo-Pacific vision.
  • India and Malaysia launched the current cycle of the 14th EWG meeting last year in Delhi.
  • A tabletop exercise will be hosted by Malaysia in 2026 and a field training exercise by India in 2027.
National IED Data Management System (NIDMS) to provide integrated online platform for security agencies (Start of January)
  • Union home minister Amit Shah launched the National IED Data Management System (NIDMS), which is a two-way comprehensive and integrated online platform.
  • The NIDMS will be available to National Investigation Agency (NIA), anti-terrorism squads , state police forces and central armed police forces.
  • The database available with NSG contains data related to all bomb explosions since 1999 and will now be made available to police forces and relevant agencies through the NIDMS.
  • NIDMS will become a robust platform for accurately analysing the patterns of bomb explosions that have occurred so far, the modus operandi and the explosives used.
  • The platform will strengthen the process of collecting, standardising, integrating and securely sharing IED-related data.
Samir V Kamat addressed scientists as Chairman of Defence Research and Development Organisation (Start of January)
  • Samir V Kamat delivered the main address at DRDO Bhawan on the organisation’s 68th Foundation Day.
  • He highlighted that 22 Acceptances of Necessity were approved by the Defence Acquisition Council and the Services Procurement Board during 2025.
  • He urged DRDO scientists to intensify research in cyber security, space technologies, artificial intelligence, and electronic warfare.
India's Defence Minister Rajnath Singh attends ADMM-Plus in Kuala Lumpur, emphasizes open Indo-Pacific (Start of November)
  • The event attended by India's Defence Minister Rajnath Singh was the ASEAN Defence Ministers’ Meeting - Plus (ADMM-Plus).
  • The meeting took place in Kuala Lumpur, Malaysia.
  • India’s Defence Minister Rajnath Singh stated that the Indo-Pacific should remain open, inclusive and free from coercion.
  • ADMM-Plus is a platform for ASEAN and its eight dialogue partners: Australia, China, India, Japan, New Zealand, Republic of Korea, Russia and the US.
  • India has co-chaired Expert Working Groups within ADMM-Plus on Humanitarian Mine Action with Vietnam (2014-2017), Military Medicine with Myanmar (2017-2020), Humanitarian Assistance and Disaster Relief with Indonesia (2020-2024), and currently on Counter-Terrorism with Malaysia (2024–2027 cycle).
  • The ASEAN-India partnership was elevated to a Comprehensive Strategic Partnership in 2022.

ICAR registers high-yield synthetic cattle breeds Karan Fries and Vrindavani to boost dairy output

[ICAR]

Key Updates:

  • The Indian government has officially registered two high-yielding synthetic cattle breeds, Karan Fries and Vrindavani, capable of producing more than 3,000 kg of milk during a standard 10-month lactation period.
  • Karan Fries was developed by the National Dairy Research Institute (NDRI) as a cross between the indigenous Tharparkar cow and the Holstein-Friesian bull.
  • Vrindavani was developed by the ICAR-Indian Veterinary Research Institute (IVRI) using Holstein-Friesian, Brown Swiss, and Jersey breeds with the indigenous Hariana cattle.
  • These synthetic breeds have been engineered to maintain high milk production while successfully adapting to India’s challenging subtropical climate.

Similar Coverage

ICAR–NDDB MoU Targets Climate-Resilient, High-Productivity Dairy Value Chain (Mid of January)
  • ICAR and NDDB signed an MoU to deepen multidisciplinary research, innovation and capacity building across the entire dairy value chain.
  • Partnership focuses on translating science into impact for millions of small and marginal dairy farmers.
  • Key technical areas include integrated farming systems, climate resilience, low livestock productivity and value chain development.
  • Initiatives will deploy modern technologies emerging from ICAR institutes for fodder, manure management, biogas utilisation and gaushala-based stray cattle management.
  • NDDB and ICAR will jointly develop, validate and deploy technologies, share knowledge, run training programmes and create scalable, replicable models across diverse agro-climatic zones.
ICAR Crop Varieties Release: 184 New Varieties of 25 Crops Unveiled (Start of January)
  • Union Agriculture Minister Shivraj Singh Chouhan unveiled 184 new varieties of 25 crops developed by the Indian Council of Agricultural Research.
  • These varieties are part of the over 3,200 new seed varieties developed in the last 10–11 years under the Prime Minister’s leadership.
  • The government aims to ensure farmers receive good quality seeds at the right price and as quickly as possible.
Banas Dairy commissions bio-CNG plant, adopts circular-economy model (Start of December)
  • Union home and cooperation minister Amit Shah inaugurated a bio CNG plant by Banas Dairy.
  • Shah stated the dairy will be turned into a circular economy system, directly benefiting cattle rearers.
  • The cooperative model implemented by Banas Dairy has become an inspiration for the country and the world.
Ministry of Fisheries, Animal Husbandry & Dairying releases Basic Animal Husbandry Statistics 2025 in New Delhi (End of November)
  • The ‘Basic Animal Husbandry Statistics 2025’ was released by Prof. S.P. Singh Baghel, Minister of State, Ministry of Fisheries, Animal Husbandry & Dairying and Panchayati Raj, on National Milk Day at Sushma Swaraj Bhawan, New Delhi.
  • The publication provides comprehensive data on livestock and dairy sector trends based on the Integrated Sample Survey conducted from 1st March 2024 to 29th February 2025.
  • India ranks 1st globally in milk production with 247.87 million tonnes in 2024-25, and 2nd in egg production with 149.11 billion eggs.
  • The top five milk-producing states are Uttar Pradesh (15.66%), Rajasthan (14.82%), Madhya Pradesh (9.12%), Gujarat (7.78%), and Maharashtra (6.71%).
  • Andhra Pradesh leads egg production with 18.37% of national output, followed by Tamil Nadu (15.63%) and Telangana (12.98%).

Ultracold atoms drive India’s quantum leap in precision clocks and future quantum computers

Key Updates:

  • Ultracold atoms sit at the heart of the quantum-technology revolution.
  • India has built a strong and steadily growing presence in cold and ultracold-atom research.
  • Tata Institute of Fundamental Research (TIFR) Mumbai was the first laboratory in India to create a Bose–Einstein condensate.
  • Bose–Einstein Condensate is a state where billions of atoms act like a single “super-atom” with quantum effects visible on a macroscopic scale.
  • Laser cooling, awarded the 1997 Nobel Prize in Physics, uses light’s momentum to slow atoms to a few billionths of a degree above absolute zero.
  • Today’s best atomic clocks based on cold atoms would not lose even one second over the age of the universe.
  • Cold-atom gravity sensors can detect underground structures, monitor volcanoes, and test Einstein’s theory of gravity.
  • Ultracold atoms arranged by laser light form quantum simulators that mimic exotic solids, superconductors, or black-hole-like systems.
  • Cold atoms are being developed as building blocks for quantum computers to solve problems like molecular design and cryptography faster than classical machines.

Similar Coverage

Raman Research Institute (RRI) unveils Raman Driven Spin Noise Spectroscopy (RDSNS) for real-time, non-invasive imaging of cold atoms (Start of January)
  • RDSNS combines spin noise spectroscopy with coherent Raman laser beams that amplify the signal without heating or disturbing the atoms.
  • The Raman beams boost the detectable signal by nearly one million times, enabling precise density measurements from a probing volume as small as 0.01 mm³.
  • Using RDSNS, the RRI team studied potassium atoms trapped in a magneto-optical trap (MOT) and uncovered insights invisible to conventional methods.
  • The probe is far-detuned and operates at very low power, making the technique effectively non-invasive, achieving density measurements with only a few percent uncertainty on microsecond timescales.
  • Fast, precise, and non-destructive density measurements are essential for technologies such as quantum gravimeters, magnetometers, atomic clocks, and neutral-atom quantum computers.
Google's Willow Quantum Processor Achieves First Verifiable Quantum Advantage (Start of November)
  • Google's Willow quantum processor has achieved the world’s first verifiable quantum advantage.
  • This milestone was published in Nature on October 22, 2025.
  • The breakthrough centres on a new algorithm, Quantum Echoes, which runs 13,000 times faster than one of the world's most powerful supercomputers.
  • Unlike previous demonstrations of “quantum supremacy,” the results from Quantum Echoes are verifiable.
  • The new algorithm can explain interactions between atoms in a molecule using nuclear magnetic resonance.
  • The finding is powered by the Willow chip’s 105 high-fidelity qubits.
  • This marks the first algorithm demonstrating verifiable quantum advantage in hardware, paving a path towards future uses in drug discovery and materials science.
IIT Bombay develops India’s first indigenous Quantum Diamond Microscope for 3D magnetic imaging (Mid of November)
  • India’s first indigenous Quantum Diamond Microscope (QDM) developed by IIT Bombay’s P-Quest Group under the National Quantum Mission (DST)
  • Built on nitrogen-vacancy (NV) centres in diamond that maintain quantum coherence at room temperature and enable spin-dependent fluorescence readout via optically detected magnetic resonance (ODMR)
  • Enables non-destructive 3D mapping of buried current paths and multilayer charge flow in complex electronic circuits
  • Potential applications span neuroscience, materials science, semiconductor diagnostics, chip testing, battery analysis and quantum device development
  • Earned India its first patent in quantum sensing and was unveiled at ESTIC 2025 in the presence of Union Minister Dr Jitendra Singh, PSA Prof Ajay K Sood and DST Secretary Prof Abhay Karandikar
NITI Aayog and IBM Unveil Roadmap to Position India Among Top-3 Quantum Economies by 2047 (Start of December)
  • The NITI Aayog’s Frontier Tech Hub, in partnership with International Business Machines-IBM, has released a national roadmap to transform India into one of the world’s top-three quantum economies by 2047.
  • The plan aims to build home grown quantum computing hardware and software, foster at least 10 globally competitive quantum and capture a major share of the global quantum software and services market.
  • It envisages applying quantum technologies across key sectors such as defence, energy, healthcare, logistics, and finance with hopes of boosting security, efficiency, and innovation nationwide.

Durham University-led team detects impossible bow shock from discless white dwarf RXJ0528+2838

[United Kingdom]

Key Updates:

  • A powerful outflow generating a persistent bow shock has been discovered around the white dwarf RXJ0528+2838, 730 light-years away.
  • The star is described as a ‘supposedly quiet, discless system’ yet drives a spectacular nebula.
  • The shock wave indicates the dead star has been ejecting material for at least 1,000 years, contradicting current understanding.
  • Researchers state the finding challenges the standard picture of how matter moves and interacts in extreme binary systems.

Similar Coverage

NASA Confirms First Starless Dark-Matter Hydrogen Cloud 'Cloud-9' Near Messier 94 (Start of January)
  • NASA dubbed the object 'Cloud-9' and described it as a 'starless, gas-rich dark-matter' hydrogen cloud.
  • Cloud-9's core is made up of neutral hydrogen and is about 4,900 light-years in diameter.
  • The hydrogen mass is estimated at one million times the mass of the sun, with dark matter totaling about five billion solar masses.
  • Cloud-9 is the ninth gas cloud identified on the outskirts of the nearby spiral galaxy Messier 94 and appears to have a 'physical association' with it.
  • Hubble Space Telescope observations confirmed there are no stars inside Cloud-9, supporting theories of failed galaxy formation.
NSF–DOE Vera C. Rubin Observatory (Rubin) discovers fastest-spinning large asteroid (Start of January)
  • Astronomers analyzing data from the NSF–DOE Vera C. Rubin Observatory (Rubin) have discovered the fastest-ever spinning asteroid with a diameter over half a kilometer.
  • The identified asteroid, named 2025 MN45, is 710 meters (0.44 miles) in diameter and completes a full rotation every 1.88 minutes.
  • This is the first published, peer-reviewed scientific paper that uses data from the Rubin Legacy Survey of Space and Time (LSST) Camera, which is the largest digital camera in the world.
  • The study identified 19 newly discovered fast rotators that are all longer than 90 meters (100 yards), with most located in the main asteroid belt between Mars and Jupiter.
  • Scientists calculate that 2025 MN45 must have a cohesive strength similar to that of solid rock to remain intact while spinning at such high speeds.
  • Rubin is a joint program of the NSF NOIRLab (NOIRLab) and the U.S. Department of Energy’s SLAC National Accelerator Laboratory (SLAC).
  • The LSST is a 10-year mission designed to repeatedly scan the southern hemisphere night sky to create a time-lapse record of the universe.
National Aeronautics and Space Administration (NASA) observes white dwarf system EX Hydrae using IXPE (Start of January)
  • The National Aeronautics and Space Administration (NASA) used the Imaging X-ray Polarisation Explorer (IXPE) to study the white dwarf system EX Hydrae as a structured system with shape and depth.
  • EX Hydrae is a binary system located approximately 200 light years away in the constellation Hydra, consisting of a compact white dwarf and a companion star.
  • The system is classified as an intermediate polar, where the magnetic field is strong enough to redirect gas along magnetic field lines toward the star’s surface but not strong enough to fully dominate the accretion disc.
  • IXPE measures the polarisation of X-ray light, which provides data on the direction and structure of light movement and scattering.
  • Observations revealed a column of hot gas rising almost 2,000 miles above the surface of the white dwarf.
  • The data suggested that X-rays bounce off the white dwarf’s surface before reaching Earth, a detail made visible through polarisation.
  • The study was led by scientists at the Massachusetts Institute of Technology (MIT) and published in the Astrophysical Journal.
  • IXPE is a joint mission between NASA and the Italian Space Agency, designed to collect data on objects ranging from neutron stars to black holes.
Indian Space Research Organisation (ISRO) Dust Detector Records Constant Cosmic Particle Bombardment (Start of January)
  • The Indian Space Research Organisation (ISRO) stated that the Dust EXperiment (DEX) "successfully recorded multiple impacts from orbital debris and cosmic dust, confirming that it can identify and measure such events in low-Earth orbit."
  • Developed by the Physical Research Laboratory (PRL), Ahmedabad, DEX was flown aboard the PSLV Orbital Experimental Module (POEM) during the PSLV-C58 XPoSat mission, launched on Jan 1, 2024.
  • At the heart of DEX is a 3-kg dust detector based on the hypervelocity impact principle.
  • Despite its sensitivity, the system consumes just 4.5 W of power, making it suitable for long-duration missions.
  • Scientists derived a dust flux of about 6.5 × 10?³ particles per square metre per second, confirming that Earth is under constant bombardment from interplanetary debris.
  • Such measurements help refine models of the near-Earth space environment, which are essential for protecting satellites and other space assets from high-speed micro-impacts.
  • Interplanetary Dust Particles (IDPs) are microscopic fragments shed by comets and asteroids.
  • After being placed at an altitude of about 350km, the instrument operated between Jan 1 and Feb 9, 2024.

Sentynl Therapeutics Inc. Announces FDA Approval of ZYCUBO® (copper histidinate) for Menkes Disease

[United States, Food and Drug Administration (FDA)]

Key Updates:

  • ZYCUBO® is now the first and only therapy approved for the treatment of Menkes disease in the United States.
  • Menkes disease is a rare X-linked recessive pediatric disease caused by mutations of the copper transporter ATP7A encoded by the ATP7A gene.
  • ZYCUBO® is a subcutaneous injectable formulation of copper histidinate that restores copper homeostasis and maintains copper levels in patients with Menkes disease.
  • Early treatment with ZYCUBO demonstrated a nearly 80% reduction in the risk of death compared to an untreated contemporaneous external control cohort.
  • The most common adverse reactions (incidence ≥7%) included pneumonia, viral infection, respiratory failure, seizure, bacterial infection, hemorrhage, hypotension, vomiting, tachycardia, pyrexia, volume depletion, fracture, dyspnea, transaminases elevation, diarrhea, fungal infection, anemia, and local administration reaction.

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FDA Approves Aqvesme as First Oral Therapy for Anemia in Alpha- and Beta-Thalassemia (Start of January)
  • Aqvesme (mitapivat) tablets are the first oral treatment approved for anemia in adults with alpha- or beta-thalassemia.
  • In the ENERGIZE-T study of transfusion-dependent thalassemia, 30% of Aqvesme-treated patients achieved >50% transfusion reduction versus 13% on placebo.
  • In the ENERGIZE study of non-transfusion-dependent thalassemia, 42% of Aqvesme recipients achieved ≥1 g/dL hemoglobin rise at Week 24 versus 2% on placebo.
  • Aqvesme-treated patients reported a mean 4.9-point improvement in FACIT-Fatigue score versus 1.5 points with placebo.
  • Aqvesme is available only through a REMS program due to observed liver toxicity risk.
Abu Dhabi administers UAE’s first CRISPR gene therapy CASGEVY for inherited blood disorders (Start of January)
  • Abu Dhabi marked the first administration of a gene-therapy injection for inherited blood disorders in the UAE using CASGEVY.
  • CASGEVY employs CRISPR-Cas9 gene editing to correct faulty DNA causing sickle cell disease and beta thalassemia.
  • The therapy was given at Yas Clinic – Khalifa City in partnership with the Abu Dhabi Stem Cells Center (ADSCC) and Vertex Pharmaceuticals under the Department of Health – Abu Dhabi (DoH).
  • The process involves extracting the patient’s stem cells, editing them with CRISPR-Cas9, and reinfusing the corrected cells to produce healthy blood cells.
  • The initial phase restricts treatment to Centers of Excellence like Sheikh Shakhbout Medical City (SSMC) before wider hospital rollout.
FDA approves first IBS-C drug for children (Start of November)
  • FDA approved linaclotide (Linzess) capsules for pediatric patients 7 years and older with irritable bowel syndrome with constipation
  • Linzess is the first treatment approved for this condition in pediatric patients
  • Approval supported by adult efficacy data and a 12-week trial in patients seven- to 17-years-old who met criteria for pediatric IBS-C
  • Patients needed to show at least a 30% reduction in abdominal pain and at least two additional spontaneous bowel movements per week for at least six of the 12 weeks
  • Diarrhea was the most commonly reported side effect in pediatric patients
Sun Pharma seals partnership with AstraZeneca to market SZC second brand in India (Mid of November)
  • Sun Pharmaceuticals has inked a second brand partnership with AstraZeneca India arm to sell Sodium Zirconium Cyclosilicate (SZC) brand in the country.
  • AstraZeneca will market the therapy under the global brand name Lokelma, while Sun Pharma will promote and distribute it as Gimliand.
  • AstraZeneca will retain the intellectual property rights to SZC and hold the Marketing Authorization along with the import license of the molecule.
  • The financial terms of the agreement and the therapy's market price have not been disclosed.
  • SZC is a non-absorbed, inorganic, potassium-binding crystalline compound used to treat hyperkalemia in adults.
  • In 2024, AstraZeneca’s Lokelma clocked net sales of $542 million (over ~Rs 4,600 crore).

National Aeronautics and Space Administration (NASA) Schedules Artemis 2 Crewed Lunar Mission for February 2026

[National Aeronautics and Space Administration (NASA)]

Key Updates:

  • The Artemis 2 crewed mission is scheduled to launch on February 5, 2026, carrying Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen on a historic lunar flyby.
  • The Space Launch System (SLS) rocket, which produces 8.8 million pounds of thrust, will launch the mission from the Kennedy Space Center.
  • The Orion spacecraft will carry the crew on a 10-day mission following a free-return lunar trajectory that passes 5,000+ nautical miles beyond the lunar far side.
  • The crew includes Commander Reid Wiseman, Pilot Victor Glover, Mission Specialist Christina Koch, and Canadian Space Agency (CSA) astronaut Jeremy Hansen.
  • Mission objectives include the validation of Orion life support systems and the execution of biomedical research investigating radiation exposure and immune system function.
  • The Interim Cryogenic Propulsion Stage (ICPS) will execute translunar injection maneuvers to propel the spacecraft toward the lunar vicinity.

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NASA Loses Contact with MAVEN Mars Orbiter (End of December)
  • NASA has lost contact with the Mars Atmosphere and Volatile Evolution (MAVEN) spacecraft after it passed behind Mars as seen from Earth.
  • MAVEN entered orbit around Mars in September 2014 to study the planet’s upper atmosphere and interactions with the solar wind.
  • The spacecraft uses a UHF antenna to relay communications between the Curiosity and Perseverance rovers and the Deep Space Network.
  • In 2022, MAVEN switched to an “all-stellar” navigation system to reduce reliance on its inertial measurement units.
State Space Corporation Roscosmos (Roscosmos) plans nuclear power plant on the moon by 2036 (End of December)
  • State Space Corporation Roscosmos (Roscosmos) planned to build a lunar power plant by 2036 and signed a contract with the Lavochkin Association aerospace company to do it.
  • The purpose of the plant is to power the infrastructure of the joint Russian-Chinese International Lunar Research Station (ILRS), including rovers and an observatory.
  • Project participants include the Russian State Nuclear Corporation Rosatom (Rosatom) and the Kurchatov Institute, Russia's leading nuclear research institute.
  • The moon, which is 384,400 km (238,855 miles) from our planet, moderates the earth's wobble on its axis, which ensures a more stable climate.
  • The moon also causes tides in the world's oceans.
  • Russia's ambitions suffered a massive blow in August 2023 when its unmanned Luna-25 mission smashed into the surface of the moon while attempting to land.
NASA Considers Nuclear Disruption for Asteroid 2024 YR4 to Prevent Lunar Impact (End of October)
  • Asteroid 2024 YR4 has prompted renewed attention to the role of nuclear disruption as a viable last-resort option against potential celestial collisions.
  • Ongoing analyses reveal a small but measurable probability of a lunar impact in 2032.
  • NASA’s 2025 assessment revised 2024 YR4’s impact probability with the Moon to approximately 3.8 percent.
  • Asteroid 2024 YR4 measures approximately 60 ± 7 metres across according to James Webb Space Telescope (JWST) observations.
  • Nuclear intervention provides a scalable mechanism suited to asteroids of this size and composition, as kinetic methods would exceed the practical capabilities of existing spacecraft.
  • Viable nuclear mission windows are outlined between late 2029 and late 2031.
  • In the nuclear standoff model, an explosive charge is detonated at a controlled height above the asteroid’s surface, vaporizing a thin layer of material to propel the remaining mass.
  • A lunar impact could cause a transient but severe increase in micrometeoroid flux in low Earth orbit, potentially elevating debris levels by up to a thousandfold for several days, threatening satellites and human spaceflight.
  • The implementation of nuclear mitigation missions requires compliance with existing space treaties that restrict the use of nuclear devices beyond Earth’s atmosphere.
ISRO targets 2028 for Chandrayaan-4 lunar sample-return mission and triples spacecraft output (Mid of November)
  • ISRO Chairman V Narayanan: "the government has approved the Chandrayaan-4 mission, designed as a lunar sample-return mission"
  • Chandrayaan-4 objective: "will attempt to bring back samples from the moon — a capability currently demonstrated only by the US, Russia and China"
  • LUPEX mission: "joint lunar polar exploration programme with JAXA (Japan Aerospace Exploration Agency)" aiming to "study water ice at the lunar south pole"
  • Space station plan: "first of the five modules will be placed in orbit by 2028" with full Indian Space Station targeted for completion "by 2035"
  • Human spaceflight timeline: "crewed mission was always planned for 2027" with "three uncrewed test missions" to precede it

University of New South Wales (UNSW) opens Bengaluru campus at Manyata Tech Park

[Australia]

Key Updates:

  • UNSW will offer undergraduate programmes in commerce, media, computer science and data science, along with a postgraduate programme in cyber security.
  • UNSW’s academic council will directly oversee the Bengaluru campus, ensuring students gain industry exposure and skill-focused learning at Manyata Tech Park.
  • UNSW already has close academic and institutional links with organisations such as IIM Bengaluru, IISc, the National Law University, the Union Ministries of Highways and Steel, and the State Renewable Energy Development Corporation.

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Victoria University lays foundation for its first India campus in Delhi NCR (Start of December)
  • Victoria University (VU) has laid the foundation for its Delhi-NCR campus in Gurugram, Haryana.
  • This will be India's first international campus to teach entirely through VU's Block Model.
  • VU was among the first Australian universities granted a licence by the Indian Government to establish a comprehensive campus in India under the new National Education Policy (NEP).
  • The campus is expected to open by mid-2026, launching with undergraduate and postgraduate programs in business, information technology, and research.
  • The VU Block Model is an award-winning learning model where students study one subject at a time across four-week blocks in small, workshop-style classes.
  • VU is the first Australian university to introduce the Block Model and remains the largest university to do so.
  • The foundation laying ceremony was attended by the Hon Julian Hill, Federal Assistant Minister for Citizenship, Customs and Multicultural Affairs, VU Chancellor the Hon Steve Bracks, and VU Vice-Chancellor Professor Adam Shoemaker.
Karnataka to Establish Skill University at Sandur, Targets Skilling 3 Million Youths by 2032 (Start of November)
  • Scheme Name: Skill University at Sandur, Ballari district, Karnataka
  • Objective: 'make Karnataka a state for skills' and equip youths with 'right skills, mindset and confidence'
  • Target: Skill three million youths by 2032 and strengthen global placement linkages
  • Implementing Department: Department of Skill Development and Livelihood, Government of Karnataka
  • Key Feature: Integration of skills into every stage of education and building a culture of lifelong learning
Telangana inks pact with Deakin University to set up India’s first AI Centre of Excellence (Mid of December)
  • The Telangana government signed an MoU with Australia’s Deakin University to establish a Centre of Excellence in Artificial Intelligence.
  • The Centre will be housed within the upcoming AI University at the Future City and jointly run by Deakin’s Applied Artificial Intelligence Institute.
  • Focus sectors for research and skill development include governance, healthcare, education, IT, life sciences, agriculture, critical minerals and rare earth metals.
Chandigarh University Uttar Pradesh launches AI-focused startup platform 'Campus Tank' and 'CU AI Space' (Start of November)
  • Chandigarh University Uttar Pradesh launches 'Campus Tank' - India's first university-led startup launchpad for young innovators
  • University earmarks USD 6 million (~Rs. 50 crore) fund to support Campus Tank startups from ideation to market launch
  • CU AI Space unveiled as a collaborative environment with AI-powered tools for students, startups, and industry professionals
  • Over 1,000 startups onboarded under Campus Tank; 10 selected startups secured funding after pitching to investors
  • Chandigarh University's TBI Center has incubated 200+ startups, with 11 achieving annual turnover exceeding Rs. 50 lakh

Ministry of Information & Broadcasting (I&B Ministry) and Netflix Conclude ‘Inspiring Innovators’ Skilling Initiative

[Ministry of Information and Broadcasting (I&B Ministry)]

Key Updates:

  • The Office of the Principal Scientific Adviser (PSA) and Ministry of Information & Broadcasting (I&B Ministry) marked the culmination of ‘Inspiring Innovators – Naye Bharat Ki Nayi Pehchaaan’, a skilling initiative developed in collaboration with the Netflix Fund for Creative Equity.
  • The initiative showcases the contributions of eight Indian start-ups identified by the Office of the PSA for their work in driving social-impact innovation.
  • Eight short animated films were created by students from eight universities across India, including the National Institute of Design (NID), Chitkara University, and Satyajit Ray Institute of Film and Television.
  • Voiceovers for the films were recorded by participants from the Voicebox, a skilling initiative by Netflix in collaboration with the National Film Development Corporation (NFDC).
  • The initiative provided hands-on creative experience to a cohort of 26 students, where fifty per cent of the participants were women and several students came from Tier-2 cities.
  • Students were mentored by experts from the National Institute of Design (NID), Ahmedabad, and Graphiti Studios to gain practical exposure to industry processes and emerging technologies like AI-led narratives.

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WaveX-FITT MoU for Media-Tech Incubation (Start of January)
  • WaveX, the startup accelerator under the Ministry of Information and Broadcasting (MIB), signed an MoU with FITT, IIT Delhi to scale media-tech incubation nationwide.
  • FITT will provide strategic guidance for incubator setup, mentorship, IP support, and access to IITs and innovation hubs.
  • WaveX will offer financial support, policy backing, and national visibility to startups in media, entertainment, broadcasting, and communication technologies.
WaveX and T-Hub Collaborate to Boost India’s Media-Tech Startup Ecosystem (End of October)
  • WaveX, a startup accelerator initiative under the Ministry of Information & Broadcasting, Government of India, signed a Memorandum of Understanding (MoU) with T-Hub.
  • T-Hub is identified as the world’s largest startup hub.
  • The MoU aims to boost India’s creative, content, and media-technology startup ecosystem.
  • The collaboration focuses on the AVGC-XR (Animation, Visual Effects, Gaming, Comics and Extended Reality) sector.
  • WaveX is conceptualized as a national accelerator platform to nurture startups and empower creators in media, entertainment, and immersive technology.
  • The collaboration is expected to benefit Indian startups by providing structured incubation, mentorship, and access to infrastructure and networks.
  • WaveX will establish up to 10 incubation centres across India under the Ministry of Information & Broadcasting, supported by T-Hub as the Anchor Institution.
Azim Premji honoured with ISB Research Catalyst Award (End of November)
  • Azim Premji was honoured with the Research Catalyst Award.
  • He is the founder-chairman of Wipro Ltd.
  • The award was presented by the Indian School of Business (ISB) at the ISB Insights Forum 2025 in Mohali.
  • The award recognises his "outstanding contributions to India’s research ecosystem."
  • The award recognises individuals whose "vision, generosity, and commitment have strengthened the nation’s knowledge ecosystem, enabled cutting-edge inquiry, and inspired a culture of evidence-based problem-solving for societal progress."
SOAR – Skilling for AI Readiness: AI certificates & national campaign launch (Start of January)
  • Ministry of Skill Development and Entrepreneurship (MSDE) organises SOAR – Skilling for AI Readiness programme at Rashtrapati Bhavan Cultural Centre, New Delhi.
  • President Droupadi Murmu will confer Artificial Intelligence certificates on learners including students and Members of Parliament.
  • President will launch the national awareness campaign #SkillTheNation Challenge to boost youth participation in future-ready skilling.

Tamil Nadu and Sarvam AI sign Rs 10,000 crore pact to build India’s first Sovereign AI Park

[Tamil Nadu]

Key Updates:

  • The Tamil Nadu government has signed an agreement with Sarvam AI to establish a full-stack Sovereign AI Park with an initial investment of Rs 10,000 crore.
  • The park will generate 1,000 high-skilled, deep-tech jobs and integrate AI compute infrastructure, secure data frameworks, model research labs and AI innovation clusters.
  • Data, models and compute will remain within the state’s trust boundary, ensuring a sovereign, ethical and inclusive ecosystem for deployment of AI systems.
  • The initiative will develop foundational Tamil-first AI models linking classical vocabulary with modern use-cases, ensuring inclusive, accurate and locally rooted AI systems.

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TN iTNT Hub inks LoI with XeedQ GmbH for state-backed quantum computing access (Mid of January)
  • Tamil Nadu Technology Hub (iTNT) signed a Letter of Intent with Germany-based XeedQ GmbH to launch one of India’s first state-backed quantum computing programmes.
  • XeedQ will provide remote access, quantum hardware, technical expertise, and learning support.
  • Students and startups will work on an actual 4-qubit quantum computer rather than simulators or cloud-access.
IndiaAI Mission and UPDESCO ink MoU to build Uttar Pradesh AI ecosystem (Mid of January)
  • The MoU was exchanged during the Uttar Pradesh AI and Health Innovation Conference between Anurag Yadav, Principal Secretary, IT and Electronics Department, Uttar Pradesh, and Abhishek Singh, Chief Executive Officer of the IndiaAI Mission.
  • UPDESCO will act as the state nodal agency for implementation.
  • A total of 65 Data and AI Labs are proposed to be set up across the state under the IndiaAI Mission.
  • At present, two such labs are operational at National Institute of Electronics and Information Technology (NIELIT) centres in Lucknow and Gorakhpur, while another has been established in Pilibhit with industry support.
  • The state government has already approved the establishment of 49 additional Data and AI Labs, with implementation currently underway.
  • The labs will be equipped with modern infrastructure and advanced technical resources to support hands-on AI training.
Tamil Nadu Deep Tech Startup Policy 2025-26 to mobilise Rs 100 crore and support 100 deep-tech startups (Start of January)
  • The policy ‘aims to support 100 deep tech startups, mobilise Rs 100 crore of public and private investments including venture capital’.
  • It will ‘facilitate training of students and professionals through a specialised skilling programme and research fellowships’.
  • Government plans to establish a ‘Govt as Early Adopter Programme’, supporting pilot deployment and field validation.
Indo-Taiwan Industrial Technology Innovation Park (ITIP): ₹1,000 crore Taiwanese investment for electronics & semiconductor hub in Karnataka (Start of December)
  • 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.

Galgotias University Inaugurates IIT Mandi Catalyst Satellite Centre to Boost Deep-Tech Startups

Key Updates:

  • The centre aims to support early-stage startups, promote deep-tech innovation, and bridge the gap between research and real-world application.
  • Two strategic MoUs were signed—between Galgotias University and the National Institute of Technology, Jamshedpur, and between Galgotias University and Jharkhand University of Technology, Ranchi—for joint research, faculty and student exchange, co-creation of deep-tech startups, shared labs, and incubation programmes.
  • The collaborations are expected to strengthen the innovation pipeline by translating academic research into market-ready solutions, enhancing funding access, and creating nationwide pathways for student entrepreneurs and startups.

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India Advances Toward On-Orbit Satellite Refuelling Capability (Mid of January)
  • India is moving a step closer to becoming the second country in the world to demonstrate on-orbit satellite refuelling.
  • The mission involves OrbitAid's 25-kg Ayulsat lifting off aboard the Indian Space Research Organisation (ISRO) PSLV-C62.
  • Ayulsat is designed as a target satellite to validate fuel transfer in the space environment and study how fluids behave in microgravity under real orbital conditions.
  • China has previously carried out a similar demonstration, while no other spacefaring nation, including the US, has publicly demonstrated the technology in orbit.
  • The first refuelling is expected to take place within four hours of launch.
CSIR-NAL curtain-aiser spotlights aerospace tech under IISF 2025 (Start of December)
  • CSIR–National Aerospace Laboratories (CSIR-NAL) hosted the IISF 2025 curtain-raiser under the JIGYASA Programme.
  • Students toured the Flight simulator facility to learn aircraft control and simulation-based engineering.
  • DRISHTI indigenous runway-visibility technologies were demonstrated to the visitors.
  • The Advanced composites division displayed cutting-edge materials used in aerospace structures and lightweight components.
ISRO Chairman V. Narayanan Inaugurates Ananth Technologies' Centre of Excellence in Navigation (Start of December)
  • Private companies entering work of building navigation systems for spacecraft and defence supports Viksit Bharat 2047.
  • Navigation systems are highly complex and critical which ISRO alone could not develop.
  • Ananth Technologies has entered navigation field in Thiruvananthapuram.
  • Ananth Technologies works closely with ISRO, DRDO, and BrahMos.
  • Centre of Excellence in Navigation aims to achieve full strategic autonomy for India in Positioning, Navigation, and Timing (PNT) technologies.
  • India has been heavily reliant on imported navigation technology for space missions and missile and defence systems.
  • Gaganyaan mission has completed 8,000 tests including propulsion hot tests, simulations, structural tests, and acoustic tests.
  • Gaganyaan in final stages of software development and simulation with 2027 target and three unmanned missions before manned.
  • ISRO to launch first private PSLV-N1 in this financial year.
  • ISRO preparing for BlueBird mission.
Tidco to set up space propellant park near Isro launch centre in Kulasekarapattinam (Mid of November)
  • The Tamil Nadu Industrial Development Corporation (Tidco) has earmarked around 3,000 acres of land in Kulasekarapattinam and surrounding areas in Tuticorin district for the development of aerospace-related industries.
  • The Indian Space Research Organisation (Isro) is developing a launchpad in Kulasekarapattinam.
  • Tidco is going to set up a space propellant park at least 25 km away from Isro's launch centre.
  • The new site in Kulasekarapattinam is uniquely strategic for Small Satellite Launch Vehicle (SSLV) launches, as it allows for a direct southward trajectory over the sea, reducing the fuel-intensive 'dogleg' manoeuvre required for launches from the existing Sriharikota site.
  • Launches from Kulasekarapattinam are expected to be 30% cheaper than those from Sriharikota.
  • Adjacent to the Isro facility, the state is developing two specialised industrial parks -- one for propellant manufacturing and another for general space industries -- including a common facility centre with a sanctioned Rs 100crore budget.
  • 2,000 acres of land have been earmarked for the propellant park and 1,000 acres for the common facility centre at Allikulam in Tuticorin district.

Pongal 2026 observed on January 14, 2026

Key Updates:

  • Pongal is a four-day Hindu harvest festival dedicated to the Sun God that marks the beginning of Uttarayan, the sun’s journey northward.
  • Thai Pongal and Makar Sankranti both fall on Wednesday, January 14, 2026, with the Sankranti Moment occurring at 03:13 PM.
  • The festival includes four specific days: Bhogi Pandigai (Jan 13), Thai Pongal (Jan 14), Mattu Pongal (Jan 15), and Kaanum Pongal (Jan 16).
  • The traditional sweet dish Pongal dates back to the Chola dynasty, with recipes appearing in temple inscriptions from the Chola and Vijayanagara Empire periods.
  • The AIFF announced that the 2025-26 Indian Super League (ISL) season will be recognized by the AFC.
  • Nasa's crewed lunar mission, Artemis II, is scheduled for a February 6 liftoff.

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PESA Mahotsav 2025: Celebrating Community-Led Governance under PESA Act (End of December)
  • The Ministry of Panchayati Raj (MoPR) is celebrating a two-day PESA Mahotsav: Utsav Lok Sanskriti Ka on December 23 and 24 in Visakhapatnam, Andhra Pradesh.
  • The Mahotsav marks the anniversary of the Panchayats Extension to Scheduled Areas (PESA) Act, 1996, which empowers tribal communities by extending Panchayati Raj provisions to their scheduled lands.
  • The objective is to spread awareness on the Act and improve capabilities of local bodies in Scheduled Areas.
Govardhan Puja 2025: Date, Time, and Significance (End of October)
  • Hindus celebrate Govardhan Puja on October 22, 2025.
  • Another name for this festival is Annakut or Annakoot.
  • The festival is purely dedicated to worship Lord Krishna.
  • Govardhan Puja is observed on Pratipada Tithi of Shukla Paksha in the month of Kartik.
  • The Pratipada Tithi begins on October 21, 2025 - 05:54 PM and ends on October 22, 2025 - 08:16 PM.
  • The Govardhan Puja Pratahkala Muhurat is from October 22, 2025 - 06:26 AM to 08:42 AM.
  • The Govardhan Puja Sayankala Muhurat is from October 22, 2025 - 03:29 PM to 05:44 PM.
  • This festival commemorates Krishna lifting Govardhan Hill to protect villagers from Indra's wrath.
  • In Maharashtra, this event is known as 'Padwa,' where men traditionally give something as a gift.
  • This day is observed as 'Vishwakarma Day' in various regions of India, where people worship their machinery, vehicles, weapons, and equipment.
  • The Gujarati people celebrate this day as Bestu Baras, which is the first day of Vikram Samvat in their Gujarati calendar.
Guru Nanak Jayanti 2025: Date, Time, History, Rituals, Significance and Celebration of Gurpurab Festival in India (Start of November)
  • Guru Nanak Jayanti 2025 will be celebrated on November 5, 2025 (Wednesday), marking the 556th birth anniversary of Guru Nanak Dev Ji.
  • According to Drik Panchang, the full moon day (Kartik Purnima) begins at 10:36 PM on November 4, 2025, and ends at 6:48 PM on November 5, 2025.
  • The festival commemorates the birth of Guru Nanak Dev Ji, the founder of Sikhism and the first of the nine Sikh gurus, born in 1469 at Rai Bhoi Ki Talwandi (now Nankana Sahib, Pakistan).
  • Celebrations start two days prior with Akhand Path, a 48-hour non-stop reading of the Guru Granth Sahib in Gurudwaras.
  • A Nagar Kirtan procession led by the Panj Pyaras is held one day before the main day, spreading Guru Nanak’s message through hymns.
  • On the main day, Prabhat Pheris (early morning processions) begin at Gurudwaras with hymn singing and katha recitation, followed by langar, a community meal served by volunteers.
World Heritage Week observed from November 19-25, 2025 (End of November)
  • World Heritage Week will be observed from November 19 to 25.
  • The Indian National Trust for Art and Cultural Heritage (INTACH) will observe World Heritage Week in association with Art Kanara Trust.
  • Ganesh Amin Sankamar, an author and Tulu scholar, will deliver a talk titled ‘Tulu Bhashe Bokka Baduku’.
  • Numismatic collector M. Prashanth Shet will present on ‘Marked by History: The Western Ganga Dynasty Coins’.
  • Yakshagana artist and PhD scholar Shruti Bangera will speak on ‘Streevesha in Yakshagana: Female Impersonation Tradition in Indian Performing Arts’.
  • The art exhibition ‘Namma Ooru Namma Nela’ will be inaugurated in the presence of Tharanath Gatti Kapikad, Chairman of the Karnataka Tulu Sahitya Academy.
  • A 2023 documentary titled ‘The Word and The Teacher: Journey of Ferdinand Kittel as a Lexicographer’ will be screened, presented by filmmaker Prashant Pandit.

Indian Army Day observed on January 15, 2026: Year of Networking and Data Centricity

[Indian Army]

Key Updates:

  • India will observe Indian Army Day on January 15, 2026, marking 78 years since the country took full command of its own Army after Independence.
  • The theme for 2026, Year of Networking and Data Centricity, focuses on digital transformation within the Indian Army.
  • On January 15, 1949, Field Marshal Kodandera Madappa Cariappa took over as the first Indian Commander-in-Chief of the Indian Army, replacing British General Sir Francis Roy Bucher.
  • In 2026, the main ceremony will take place in Jaipur, where the Chief of Army Staff will take the salute at a grand parade.
  • The Indian Army supports Atmanirbhar Bharat through indigenous systems like Tejas aircraft and Akash missiles.
  • India remains one of the largest contributors to United Nations (UN) peacekeeping missions worldwide.
  • Previous themes, including the Year of Reforms in 2025, reflect the Army’s push for continuous structural and technological upgrades.
  • Recruitment initiatives such as Agnipath encourage young Indians to serve the nation.

Similar Coverage

Delhi World Book Fair 2024: Free Entry, Indian Military History Theme (Start of January)
  • The 53rd Delhi World Book Fair is being organised by National Book Trust (NBT) and co-organised by India Trade Promotion Organisation (ITPO).
  • The fair is being inaugurated by Union Education Minister Dharmendra Pradhan.
  • Entry to the event is free for the first time in history.
  • The theme pavilion is titled 'Indian Military History: Valour & Wisdom @75'.
  • Spain is the focus country and Qatar the guest of honour.
  • Qatar’s ambassador is His Excellency Mohammed Hassan Jabir Al Jaber.
Veterans Day Parade held on Marine Drive, Mumbai (Mid of January)
  • Mumbai is the only city in India that holds a Veterans Day parade.
  • The parade is conducted by the Navy Foundation Mumbai Chapter (NFMC) with HQ Western Naval Command (HQWNC) actively supporting it.
  • Tri-Services Veterans Day is celebrated every year on January 14, the day in 1953 when Field Marshal KM Cariappa, OBE, the first Commander-in-Chief of the Indian Army post-Independence, retired after distinguished service to the nation.
  • The first parade was held in 2020 and, after the Covid induced hiatus, the subsequent editions were held in 2023, 2024 and 2025.
Indian Armed Forces Flag Day observed on December 7 (Start of December)
  • Indian Armed Forces Flag Day is observed annually on December 7.
  • The day was established on December 7, 1949, to pay nationwide tribute to the armed forces.
  • Citizens contribute voluntary donations to the Armed Forces Flag Day Fund (AFFDF) for war widows, disabled soldiers, and ex-servicemen.
  • Small flags in red, deep blue, and light blue signify support for the Army, Navy, and Air Force respectively.
Army Service Corps Day celebrated on 265th anniversary (Start of December)
  • Army Service Corps Day marks the 265th anniversary of the Army Service Corps (ASC).
  • The ASC was established in 1760 and is one of the oldest and largest logistic arms of the Indian Army.
  • The celebration took place at ASC Centre & College, Bengaluru, the Alma Mater of the Corps.
  • Lt Gen JK Gera, Commandant, ASC Centre & College, led the wreath-laying ceremony at the War Memorial.
  • A separate wreath-laying ceremony was held at the Animal Transport Memorial to honour animals and their handlers.
  • The motto of the Army Service Corps is 'Seva Asmakam Dharma'.

Chadar Trek Postponed as Zanskar River Fails to Freeze

Key Updates:

  • The Chadar trek on the frozen Zanskar river in Ladakh has been deferred due to inadequate ice formation.
  • The trek, scheduled to begin on January 10, is now expected to commence around January 15.
  • Additional Deputy Commissioner, Leh, Ghulam Mohammad said a team visited the trek route on Saturday and will submit its report by Monday.
  • The district administration will deploy additional National Disaster Response Force (NDRF) personnel this year to enhance rescue preparedness.
  • Rigzin Wangmo Lachic, President of the All Ladakh Hotel and Guest House Association (ALHGHA), said the delay was due to incomplete ice formation on the Zanskar River.
  • In 2024, the route was truncated due to the construction of the Nimu–Padum–Darcha Road (NPDR) by the Border Roads Organisation under Project Yojak.
  • Concerns have been raised over lack of complete ice formation reportedly due to global warming and changing climatic conditions.
  • Last year, the trek commenced on January 13.

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China launches Arctic Express route cutting China-Europe transit to 18 days (End of November)
  • China-Europe Arctic Express reduces transit time to 18 days versus over 25 days by China-Europe Railway Express, over 40 days via Suez Canal and over 50 days around Cape of Good Hope.
  • Arctic Express lowers business inventory needs by 40 per cent and carbon emissions by approximately 50 per cent compared to traditional longer routes.
  • Northern Sea Route shortens East Asia-Europe maritime distance from 21,000 km via Suez Canal to 12,800 km, saving 10-15 days transit time.
  • International North-South Transport Corridor cuts transport costs by nearly USD 2,500 per 15 tonnes of cargo.
  • India-Middle East-Europe Economic Corridor aims to reduce transit times by 40 per cent compared to existing maritime routes.
  • Chennai-Vladivostok Maritime Corridor can cut travel time from about 40 days to 24 days.
IMD has put Delhi under a “yellow alert” owing to colder conditions (Mid of January)
  • The India Meteorological Department (IMD) has put Delhi under a “yellow alert” owing to colder conditions than normal.
  • Air quality in Delhi continued to remain under “very poor” category with an AQI of 321.
  • India ranks 64th globally in AI adoption with 15.7% diffusion rate.
  • Grace Harris’ stunning 40-ball 85 powers Royal Challengers Bangalore (RCB) to 2nd win in the Women's Premier League (WPL) 2026.
  • The Golden Globe Awards 2026 Winners LIVE Updates: One Battle After Another leads with 9 nods.
  • Two cases of Nipah detected in West Bengal.
Chillai-Kalan begins on December 21 (End of December)
  • Chillai-Kalan is the 40-day harsh winter period in Kashmir that begins on December 21 every year and ends on January 31.
  • The local meteorological department has forecast moderate to heavy snowfall in the higher reaches of Kashmir during this period.
  • Chances of snowfall are maximum and most frequent during Chillai-Kalan, with temperatures dropping sharply across the Valley.
International Mountain Day 2025 Highlights Glaciers' Crucial Role in Global Ecosystems (Mid of December)
  • International Mountain Day 2025 spotlights the crucial role of glaciers in sustaining water, food, and livelihoods, urging global action to protect fragile mountain ecosystems.
  • The theme for International Mountain Day 2025 is “Glaciers matter for water, food and livelihoods in mountains and beyond.”
  • Mountains are home to diverse ecosystems and communities, providing essential resources like water, food, and livelihoods.
  • The United Nations (UN) announced that International Mountain Day will focus on glaciers, which are massive ice reserves vital for freshwater and ecosystems.
  • According to the UN, glaciers store around 70% of the world’s freshwater.
  • Glaciers support rivers, agriculture, and clean energy.
  • Accelerated global warming conditions pose a threat towards glaciers, causing them to melt at a fast pace and increasing the risk of floods and landslides.
  • The Food and Agriculture Organization of the UN (FAO) coordinates the annual celebration of International Mountain Day to foster greater awareness of mountain issues.
  • Globally, over two billion people rely on melt from glaciers and snow for their freshwater, including for their food security and livelihood.
  • Protecting mountains and glaciers from the impacts of climate change involves supporting measures that reduce greenhouse gas emissions, regulating use of mountain resources for commercial purposes, and investing in integrated water management systems.

Armed Forces Veterans' Day observed on January 14

Key Updates:

  • Armed Forces Veterans' Day is celebrated on January 14 every year.
  • The day marks the birth anniversary of the Late Field Marshal KM Cariappa, who retired on this day in 1953.
  • Field Marshal Cariappa was the First Commander-in-Chief (C-in-C) of the Indian Army.

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Veterans Day Parade held on Marine Drive, Mumbai (Mid of January)
  • Mumbai is the only city in India that holds a Veterans Day parade.
  • The parade is conducted by the Navy Foundation Mumbai Chapter (NFMC) with HQ Western Naval Command (HQWNC) actively supporting it.
  • Tri-Services Veterans Day is celebrated every year on January 14, the day in 1953 when Field Marshal KM Cariappa, OBE, the first Commander-in-Chief of the Indian Army post-Independence, retired after distinguished service to the nation.
  • The first parade was held in 2020 and, after the Covid induced hiatus, the subsequent editions were held in 2023, 2024 and 2025.
India Celebrates BSF Raising Day Marking Border Security Force Foundation (Start of December)
  • BSF Raising Day is celebrated every year on 1 December.
  • BSF Raising Day marks the foundation of the Border Security Force in 1965.
  • Border Security Force (BSF) is one of the world’s largest border-guarding forces.
  • BSF plays a role in border security, disaster relief, internal security and humanitarian operations.
  • BSF Raising Day honours the courage, sacrifice and duty of personnel guarding India’s borders.
Indian Armed Forces Flag Day observed on December 7 (Start of December)
  • Indian Armed Forces Flag Day is observed annually on December 7.
  • The day was established on December 7, 1949, to pay nationwide tribute to the armed forces.
  • Citizens contribute voluntary donations to the Armed Forces Flag Day Fund (AFFDF) for war widows, disabled soldiers, and ex-servicemen.
  • Small flags in red, deep blue, and light blue signify support for the Army, Navy, and Air Force respectively.
Indian Army honours Operation Pawan heroes on November 25, 2025 (End of November)
  • Army Chief General Upendra Dwivedi led the first-ever official commemoration of Operation Pawan on November 25, 2025.
  • Hundreds of troops lost their lives, and over 1,000 were injured during Operation Pawan, which occurred between October 7, 1987 and October 27, 1987, against the Liberation Tigers of Tamil Eelam (LTTE) in Sri Lanka.
  • Major R. Parameswaran, who received the Param Vir Chakra, was among those honoured by the Indian Army Chief on November 25, 2025.