The Asian Development Bank (ADB) has lowered India's Gross Domestic Product (GDP) growth forecast for FY27 to 6.6% from the 6.9% projected in April. ADB retained India's growth forecast for FY28 at 7.3% in the July…
India Ratings and Research (Ind-Ra) Raises India FY27 GDP Growth Forecast to 6.8%
Key Updates:
- India Ratings and Research (Ind-Ra) raised India's FY27 real GDP growth forecast by 10 basis points to 6.8% from 6.7%.
- Ind-Ra lowered its baseline crude oil price assumption for FY27 to $85 per barrel from $95 per barrel.
- Ind-Ra flagged El Niño weather pattern and West Asia conflict as downside risks to FY27 GDP growth.
- Ind-Ra projected agriculture GVA growth to slow to 2% in FY27 from 3% in FY26.
- Ind-Ra projected WPI inflation to rise to 8.5% in FY27 from 0.4% in FY26, and CPI inflation to average 4.9%.
- Ind-Ra expected retail inflation to peak at 5.9% in Q3FY27 before moderating to 5% in Q4FY27.
- Ind-Ra expected the Reserve Bank of India (RBI) to maintain status quo on policy rates and stance for the rest of FY27.
- Ind-Ra projected private consumption expenditure growth to moderate to 7.2% in FY27 from 7.7% in FY26.
- Ind-Ra projected current account deficit to widen to 1.5% of GDP in FY27 from 0.6% in FY26.
- Ind-Ra projected gross fixed capital formation to grow 8% in FY27, sustained by public sector capital expenditure.
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Organisation for Economic Cooperation and Development (OECD) Projects India GDP Growth at 6.3% for FY27 and 6.4% for FY28 (Start of June)
The Organisation for Economic Cooperation and Development (OECD) projects India to register a growth of 6.3 per cent in 2026-27 (FY27) and 6.4 per cent in 2027-28 (FY28). China's economic growth is projected by the OECD…
The World Bank (WB) has raised India's growth forecast for FY27 to 6.6% from the 6.5% estimated in January. According to the Global Economic Prospects (GEP) report, India's Gross Domestic Product (GDP) growth is…
Fitch Ratings (Fitch) has lowered India's Gross Domestic Product (GDP) growth projection for the financial year 2026-27 (FY27) to 6.4 per cent from the previous estimate of 6.7 per cent. The agency expects economic…
Competition Commission of India (CCI) approves Tata Steel's acquisition of 23% stake in TM International Logistics
Key Updates:
- The Competition Commission of India (CCI) approved Tata Steel Ltd's acquisition of the entire 23% equity stake held by IQ Martrade Holding Und Management GmbH in TM International Logistics Ltd (TMILL).
- Following the acquisition, Tata Steel's stake in TMILL will increase to 74%, while IQ Martrade will exit the joint venture.
- NYK Europe, the third partner in TMILL, will retain its 26% equity stake after the transaction.
- TMILL was established as a 51:23:26 joint venture between Tata Steel, IQ Martrade and NYK Europe primarily to meet Tata Steel's logistics and cargo transportation requirements.
- The proposed combination crosses the thresholds prescribed under India's competition law, requiring CCI clearance.
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Competition Commission of India (CCI) approves Honda Motor Co's acquisition of additional 21% stake in Astemo (End of June)
The Competition Commission of India (CCI) approved the acquisition of 21% voting interest in Astemo, Ltd by Honda Motor Co, Ltd from Hitachi, Ltd. Following the transaction, Astemo will become a consolidated subsidiary…
Competition Commission of India (CCI) approves Sanlam Group's stake purchase in Shriram Life Insurance (Mid of June)
The Competition Commission of India (CCI) approved the proposal of South Africa-based Sanlam Group to acquire a stake in Shriram Life Insurance Company Ltd (SLIC). The acquisition involves 2.80 per cent of the expanded…
Competition Commission of India (CCI) approves TVS Group acquisition of PGIM India and Temasek investment in Romsons Group (Mid of June)
The Competition Commission of India (CCI) approved the acquisition of 100 per cent share capital of PGIM India Asset Management Pvt Ltd and PGIM India Trustees Pvt Ltd by TVS Emerald Ltd and TVS Venu Management and…
N Chandrasekaran Resigns as Tata Sons Chairman (Mid of August)
N Chandrasekaran decided to quit as chairman of Tata Sons, the principal shareholder of the Tata Group. He will continue in the role till February 2027, the end of his current tenure.
Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund Corpus Rises 17.8% to ₹8,452.07 Crore in FY 2024-25
Key Updates:
- The Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund's corpus increased by 17.8% to ₹8,452.07 crore in FY 2024-25 from ₹7,173.03 crore in FY 2023-24.
- Domestic donations to PM CARES Fund declined to ₹479.05 crore in FY 2024-25 from ₹681.81 crore in FY 2023-24, a drop of nearly 30%.
- Interest income on fixed deposits for PM CARES Fund rose to ₹469.38 crore in FY 2024-25.
- PM CARES Fund received ₹324.66 crore as refunds from implementing agencies in FY 2024-25, compared to ₹84.31 crore in FY 2023-24.
- Expenditure on the PM CARES for Children Scheme fell by 94% to ₹87.85 lakh in FY 2024-25 from ₹15.38 crore in FY 2023-24.
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Banks in India collected over ₹7,086 crore in penalties for non-maintenance of minimum balance in savings and current accounts during FY26. Private sector banks accounted for ₹4,948.71 crore of the total penalties, while…
Jal Jeevan Mission Completes 7 Years: Rural Tap Coverage Rises from 16.72% to 82.24% (Mid of August)
Jal Jeevan Mission (JJM), launched on 15 August 2019, has increased Functional Household Tap Connection (FHTC) coverage from 16.72% (3.23 crore households) at launch to 82.24% (15.91 crore households) currently. A total…
Tamil Nadu Government Signs 97 MoUs Worth ₹67,452 Crore at Vettri Tamil Nadu Investment Conclave 2026 (Mid of August)
The Tamil Nadu government signed 97 memoranda of understanding (MoUs) involving over ₹67,452 crore investment at the Vettri Tamil Nadu Investment Conclave 2026. The MoUs were exchanged in the presence of Chief Minister…
The Antariksh Venture Capital Fund (AVCF) has made its maiden investment of ₹60 crore in Dhruva Space. AVCF is India's dedicated space-tech fund anchored by IN-SPACe and managed by SIDBI Venture Capital Limited, with a…
Securities and Exchange Board of India (SEBI) launches Incident Reporting and Cyber Suraksha Portals to strengthen cybersecurity incident reporting
Key Updates:
- The Securities and Exchange Board of India (SEBI) launched the Incident Reporting Portal and Cyber Suraksha Portal on August 17, 2026.
- The Incident Reporting Portal will make cybersecurity incident reporting more structured and timely, aligning it with the Financial Stability Board's format.
- The Cyber Suraksha Portal will act as a central hub for sharing cybersecurity knowledge, vulnerability warnings, policy measures, and incident insights across the securities market ecosystem.
- SEBI chairman Tuhin Kanta Pandey said the regulator's approach must move beyond individual organisational security to broader ecosystem resilience.
- SEBI has made quantum resilience a core pillar of its cybersecurity strategy, with post-quantum cryptography needing to become a migration programme.
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MeitY Releases Digital Threat Report 2025–26 to Strengthen Cybersecurity in India’s BFSI Sector (Mid of July)
The Ministry of Electronics and Information Technology (MeitY) released the Digital Threat Report 2025–26 for the Banking, Financial Services and Insurance (BFSI) sector. The report highlights that cyber risks now extend…
Directorate General of Civil Aviation (DGCA) to Launch Digital Aviation Incident Reporting Platform on eGCA Portal (End of July)
The Directorate General of Civil Aviation (DGCA) is developing a digital platform on the eGCA portal for electronic submission and processing of mandatory occurrence reports. The initiative aims to improve the timeliness…
Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims (Mid of June)
The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs (MHA) has launched the Grievance Redressal Mechanism (GRM) and the Money Restoration Module (MRM) portals. The GRM portal is designed to…
Securities and Exchange Board of India (SEBI) extends digital accessibility audit deadline to October 31, 2026 (Start of August)
The Securities and Exchange Board of India (SEBI) extended the deadline for regulated entities to complete digital accessibility audits and resolve platform issues to October 31, 2026. Earlier deadlines were April 30 for…
YES Bank launches 'YES Essence' credit card for women
Key Updates:
- YES Bank launched the 'YES Essence' credit card designed for women.
- The card is tailored for young professionals, salaried, and digitally savvy women.
- It offers welcome vouchers across fashion, beauty, travel, and fitness brands.
- It provides accelerated rewards on everyday spends across dining, grocery, shopping, beauty, and travel.
- The card includes an annual preventive health checkup with cancer marker screening.
- It offers a special birthday voucher and buy-one-get-one movie tickets.
- Cardholders receive complementary coffee at select mall outlets.
- Up to 10,000 YES Rewardz can be earned on milestone spends.
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IndusInd Bank and EazyDiner launch lifetime-free RuPay credit card with UPI payments (Mid of August)
IndusInd Bank and EazyDiner have launched a lifetime-free Platinum RuPay credit card with no joining or annual fees. The card offers benefits worth up to ₹21,495 annually, including dining savings, movie ticket offers…
BharatPe has partnered with YES BANK to launch BharatPe Flex, a Credit-on-UPI solution designed for everyday digital transactions. The service integrates a credit line into the Unified Payments Interface (UPI) ecosystem…
YES Bank and Northern Arc Capital establish strategic partnership for credit expansion (Mid of June)
YES Bank has entered into a strategic partnership with Northern Arc Capital to expand credit access, scale digital lending, and offer debt investment opportunities. The collaboration was facilitated by Sumitomo Mitsui…
AU Small Finance Bank (AU SFB) has partnered with Zaggle Prepaid Ocean Services to launch a co-branded retail credit card available on both Visa and RuPay payment networks. The Visa variant offers up to 8% Zagg Coins on…
Qatar-India Postal Remittance Service Powered by UPI Operationalised in Doha
Key Updates:
- The Qatar-India postal remittance service powered by UPI was operationalised in Doha on August 15, 2026, coinciding with India's Independence Day.
- The service enables Indian residents in Qatar to send funds directly to UPI-enabled bank accounts in India through Qatar Post outlets.
- It is a collaboration between Qatar Post, India Post, the Universal Postal Union's Interconnection Platform (UPU-IP), and NPCI International Payments Limited (NIPL).
- Transactions ranging from QAR 10 to QAR 4,000 are allowed, subject to a maximum equivalent of ₹1,00,000 per transaction, with a flat service charge of QAR 15.
- Recipients in India must activate the facility for receiving foreign inward remittances through their UPI app to receive the credited amount instantly.
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Reserve Bank of India (RBI) Grants Perpetual Trade Remittance License to Indel Money Arm Indel Remit (Mid of August)
The Reserve Bank of India (RBI) has granted a perpetual license to Indel Remit, an arm of Indel Money, to offer trade remittance services. Indel Remit, headquartered in Mumbai, currently holds an RBI Authorized Dealer…
NPCI International Payments Ltd. (NIPL) and Nepal Clearing House Ltd. (NCHL) launch UPI-NPI remittance corridor (Mid of June)
NPCI International Payments Ltd. (NIPL), the international arm of the National Payments Corporation of India (NPCI), partnered with Nepal Clearing House Ltd. (NCHL) to launch a cross-border remittance linkage. The…
Maldives Monetary Authority (MMA) and Reserve Bank of India (RBI) operationalize Favara-UPI cross-border payment corridor (Start of August)
The Favara-UPI cross-border payment corridor was operationalized on July 30, 2026, enabling real-time transfers from Maldivian Rufiyaa (MVR) to Indian Rupees (INR). The service is initially available through Bank of…
Ministry of External Affairs (MEA) targets Unified Payments Interface (UPI) operationalisation in Seychelles by year-end (End of June)
The Ministry of External Affairs (MEA) announced that the Unified Payments Interface (UPI) system is targeted to become operational in Seychelles by the end of the year. Seychelles utilizes 90 annual slots under the…
BSE and PHDCCI Sign MoU to Expand Capital-Market Access for MSMEs
Key Updates:
- BSE Ltd and PHD Chamber of Commerce and Industry (PHDCCI) signed a Memorandum of Understanding (MoU) on August 17, 2026, to promote equity financing for MSMEs.
- The MoU aims to expand capital-market access for Micro, Small and Medium Enterprises (MSMEs) through the BSE SME platform.
- Under the partnership, BSE will provide subject-matter experts and trainers for awareness programmes, seminars, workshops, roadshows and knowledge sessions.
- The collaboration will provide MSMEs with mentorship, expert guidance and capacity-building initiatives, along with a nodal-point mechanism for exploring capital-market opportunities.
- BSE Managing Director and CEO Sundararaman Ramamurthy stated that the partnership will help take awareness about SME listing closer to businesses across the country.
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Meesho and Bombay Stock Exchange (BSE) launch Project Shikhar for MSME IPO readiness (Start of June)
E-commerce platform Meesho has partnered with the Bombay Stock Exchange (BSE) to launch an initiative named 'Project Shikhar'. The initiative was formalised through a Memorandum of Understanding (MoU) to facilitate the…
The Quality Council of India (QCI) and the National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MoU) to establish a collaborative ecosystem for Micro, Small and Medium Enterprises…
Multi Commodity Exchange of India (MCX) and National Institute of Securities Markets (NISM) sign MoU to set up Centre for Commodity Markets (Mid of August)
MCX and NISM signed a memorandum of understanding (MoU) to set up the MCX-NISM Centre for Commodity Markets. The centre will be housed at NISM and will focus on commodity derivatives, hedging, corporate risk management…
MoRD and PCI India Sign Non-Financial MoU to Strengthen Women-Led Enterprises through Public Procurement (Start of August)
The Ministry of Rural Development (MoRD) signed a non-financial MoU with PCI India to strengthen women-led enterprises (WLEs) and SHG-led enterprises. The MoU was signed under the Deendayal Antyodaya Yojana–National…
Tamil Nadu Extends Maternity Leave to 365 Days for Third Child
Key Updates:
- The Tamil Nadu government enhanced maternity leave for women government employees' third child from 12 weeks to 365 days.
- The 365-day benefit applies to regular female employees with fewer than two surviving children.
- Women government employees with two or more surviving children remain entitled to 12 weeks of fully paid maternity leave.
- Human Resources Management Minister D Sarathkumar announced the decision in the Tamil Nadu Assembly during the demand for grants for his department.
- A detailed government order to implement the announcement will be issued soon.
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Kerala Government proposes menstrual leave for schoolgirls and maternity leave for unorganised sector women (Start of June)
The Congress United Democratic Front (UDF) government in Kerala has proposed providing up to three days of menstrual leave for school students. The Kerala government plans to provide six months of maternity leave for…
Tamil Nadu Chief Minister Vijay introduced a resolution in the Assembly against the Union Government's proposed delimitation exercise. The resolution urges the Centre to permanently fix the Lok Sabha strength at 543…
Pillale Sampada: Financial assistance of ₹30,000 for third child, ₹40,000 for fourth child (Mid of July)
Andhra Pradesh Chief Minister N. Chandrababu Naidu launched the 'Pillale Sampada' scheme on July 11, 2026, at a World Population Day programme in Vijayawada. Under the scheme, a financial assistance of ₹30,000 is…
The Tamil Nadu government allocated ₹44,527 crore for school education in the 2026-27 budget. The 'Palli Niraivu Thittam' will upgrade infrastructure in 3,734 government schools at an estimated cost of ₹2,132 crore, with…
Maharashtra Declares Snakebite a Notifiable Disease to Strengthen Monitoring and Treatment
Key Updates:
- The Maharashtra government declared snakebite a notifiable disease, making reporting compulsory for all health institutions and medical practitioners.
- The decision aims to strengthen monitoring, ensure timely treatment, and improve planning for anti-snake venom availability.
- The notification requires reporting of every suspected or confirmed snakebite case and death to the district health officer or district surgeon.
- Serious or fatal cases must be reported immediately through available communication systems.
- Cases will be recorded through the Health Management Information System, Integrated Disease Surveillance Programme, or other specified reporting systems.
- A nodal mechanism from state to district level will be set up for prevention and control, with the director of hospitals overseeing at state level and district surgeons/health officers as nodal officers.
- Health institutions must maintain updated records of anti-snake venom received, used, and in stock to ensure adequate supplies.
- Patient records must include details such as date and place of bite, age, gender, circumstances, symptoms, treatment, ASV vials administered, referral, outcome, and death details.
- District health authorities will be responsible for creating awareness about snakebite prevention, first aid, timely referral, and proper treatment.
- The declaration came days after three tribal schoolgirls died from snakebites at a residential school in Gadchiroli.
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Kerala Unveils State Action Plan for Prevention and Control of Snakebite Envenoming (SAPSE) to Achieve Zero Deaths by 2030 (End of July)
The State Action Plan for Prevention and Control of Snakebite Envenoming (SAPSE) aims for zero snakebite deaths and disabilities by 2030, aligned with WHO and national targets. Kerala has declared snakebite as a…
The Supreme Court asked 19 remaining states and Union territories to declare cancer a notifiable disease. 17 states and UTs have already notified cancer as a notifiable disease.
Chandipura Virus (CHPV) Claims 22 Children in Gujarat; Symptoms and Prevention Explained (Start of August)
Chandipura virus (CHPV) is a rare viral infection that causes Acute Encephalitis Syndrome (AES), leading to brain inflammation and swelling. CHPV belongs to the Rhabdoviridae family and primarily affects children below…
Rare Laudankia Vine Snake Documented in Udaipur (Mid of July)
The rare Laudankia Vine Snake (Ahaetulla laudankia) was photographed in Udaipur's Ubeshwar Wildlife Area on July 12, 2026, by wildlife photographer Rohit Dwivedi. The species was last recorded in Udaipur nearly three…
Gwalior-Chambal Region Gets New Rail Connectivity with Kailaras-Birpur Section
Key Updates:
- The Kailaras-Birpur rail section (56 km) was virtually inaugurated on August 19, 2026, by Railway Minister Ashwini Vaishnaw, Union Communications Minister Jyotiraditya M Scindia, and Madhya Pradesh Chief Minister Mohan Yadav.
- The gauge-converted section provides direct rail connectivity between Birpur, Vijaypur, and Sabalgarh with Gwalior, benefiting rural and tribal areas.
- The project benefits residents of over 100 villages across Morena and Sheopur districts.
- The railway budget for Madhya Pradesh increased from Rs 632 crore (2009-14) to Rs 15,188 crore in 2026-27.
- Railway projects worth around Rs 1.55 lakh crore are currently underway in Madhya Pradesh.
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PM Gati Shakti National Master Plan Approves ₹1,264 Crore Ballari-Guntakal Rail Expansion Project (End of July)
The Union Cabinet approved the construction of a third and fourth railway line on the Ballari-Guntakal section under the PM Gati Shakti National Master Plan. The project has an estimated cost of ₹1,264 crore and will add…
Fourth Rail Line Approved in Siliguri Corridor (Mid of August)
The Centre approved a fourth railway line through the strategically important 'Chicken's Neck' corridor. 'Chicken's Neck', also known as the Siliguri Corridor, is a narrow stretch about 20-22 km wide and nearly 60 km…
India and Nepal discuss Janakpur–Ayodhya rail link and passenger train services on June 11-12, 2026 (Mid of June)
India and Nepal held discussions on expanding cross-border railway connectivity during the 10th Project Steering Committee and 8th Joint Working Group meetings in Kathmandu on June 11 and 12, 2026. The meetings focused…
Prime Minister Narendra Modi approved seven new bullet train corridors to reshape inter-city travel and strengthen economic connectivity across regions. The flagship Mumbai–Ahmedabad High Speed Rail project is expected…
NHAI Extends Digital FASTag Local Pass Facility to 121 Toll Plazas
Key Updates:
- The National Highways Authority of India (NHAI) extended the online FASTag Local Pass facility to 121 toll plazas across the country.
- The FASTag Local Pass is available for commuters residing within a 20-kilometre radius of eligible toll plazas.
- Eligible commuters can subscribe to the monthly Local Pass online through the Rajmargyatra Mobile App.
- The first Digital Local Pass facility was launched in July 2026 at the Mundka–Bakkarwala Toll Plaza on Urban Extension Road-II (UER-II) in Delhi.
- The facility is part of the Government of India's Digital India vision to make National Highway travel seamless.
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India Introduces Digital Monthly Toll Pass (End of July)
The National Highways Authority of India (NHAI) launched a digital 'Local Pass' facility on its Rajmargyatra app for monthly toll travel. The Local Pass is available for residents living within a 20-km radius of an…
The National Highways Authority of India (NHAI) launched the Digital Local Pass and MargMitra Help Centre on the RajmargYatra mobile app under the Digital India programme. The Digital Local Pass allows eligible commuters…
Multi-Lane Free Flow (MLFF) Tolling System launched at Daulatpura toll plaza in Rajasthan (End of June)
The National Highways Authority of India (NHAI) launched Rajasthan's first multi-lane free flow (MLFF) tolling system at the Daulatpura toll plaza on the Delhi-Jaipur section of NH-48. The MLFF system integrates…
NHAI-NCAER MoU: Establishment of NHAI Centre for Economics of Transportation, Mobility and Logistics (End of June)
The National Highways Authority of India (NHAI) signed a memorandum of understanding with the National Council of Applied Economic Research (NCAER) to establish a research centre focused on transportation, mobility, and…
NTA Introduces Four-Tier Question Paper Checks
Key Updates:
- The Education Ministry announced that the National Testing Agency (NTA) will introduce a four-tier system for checking question papers to catch factual, typographical, and translation errors.
- The NTA has removed 600 experts associated with its examination work and is bringing in new personnel, with 20-25 more officials expected to be inducted within two to three weeks.
- The NTA's offices will be shifted to new premises on a 'war footing' and security will be reinforced through Central Industrial Security Force (CISF) teams.
- The overhaul follows the NEET-UG paper leak controversy and serious errors in UGC-NET question papers, which led to a fresh UGC-NET examination for English, Commerce and Sociology.
- The government had earlier terminated services of 47 NTA officials in July as part of its crackdown.
- Parliament cleared the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, providing for tougher penalties and fast-track courts.
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The National Testing Agency (NTA) conducted a nationwide mock drill for the NEET-UG 2026 re-examination. More than 2.5 lakh security personnel participated in the drill across examination centres nationwide.
Nandan Nilekani to Lead Exam Reforms Task Force (End of July)
Nandan Nilekani, co-founder of Infosys, will head the high-powered task force on examination reforms. The task force includes former Indian Space Research Organisation (ISRO) Chairman S Somnath, former Intelligence…
The National Skill Development Corporation (NSDC) has entered into a strategic partnership with the Tokyo-based Fourth Valley Concierge Corporation (FVCC) to facilitate workforce mobility for Indian talent in Japan. The…
Union Cabinet approves Anti-Paper Leak Bill with up to 10-year jail and Rs 10 crore fine (End of July)
The Union Cabinet approved amendments to the Prevention of Paper Leak law, proposing a maximum jail term of 10 years and a fine of up to Rs 10 crore. The proposed amendments also seek to increase the minimum imprisonment…
Union Minister Dr. Jitendra Singh Launches RSSDI Rural Outreach Digital Portal and VISHWAS Diabetes Awareness Video Library
Key Updates:
- Union Minister of Science and Technology and Earth Sciences Dr. Jitendra Singh inaugurated the RSSDI Diabetes Rural Outreach Digital Portal and launched VISHWAS, the Diabetes Awareness Video Library.
- The event was organised by the Research Society for the Study of Diabetes in India (RSSDI) on Independence Day.
- The RSSDI Rural Outreach Programme and VISHWAS aim to take diabetes awareness, screening, treatment, follow-up and digital health resources closer to rural communities.
- The RSSDI Rural Outreach Programme has already reached around 30 villages across several States.
- The digital portal offers a standardised platform for beneficiary registration, treatment documentation, longitudinal follow-up, programme monitoring and generation of anonymised real-world data for public health planning and research.
- Dr. Jitendra Singh called for making preventive healthcare and diabetes prevention a national priority, noting that rural India is no longer untouched by the diabetes epidemic.
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Union Minister for Rural Development Shivraj Singh Chouhan launched the AI-enabled Rural Internal Audit Portal during the Rashtriya Gramin Vikas Sammelan at the Pusa Campus in New Delhi. The platform was developed by the…
Department of Health Research-Indian Council of Medical Research (DHR-ICMR) Hosts S.H.I.N.E. 2026 School Outreach Programme (Mid of August)
The Department of Health Research-Indian Council of Medical Research (DHR-ICMR) launched the second edition of S.H.I.N.E. 2026, a nationwide school outreach initiative. S.H.I.N.E. stands for Science, Health and…
Union Minister Dr. Jitendra Singh announced the launch of a digital portal on June 4, 2026, to provide structured training in patent filing and research paper writing. The platform is supported by the Anusandhan National…
National Bank for Agriculture and Rural Development (NABARD) launches RSVC-AMRIT platform for rural innovation (Mid of August)
The National Bank for Agriculture and Rural Development (NABARD) launched the RSVC-AMRIT platform on August 15, 2025, in collaboration with the Office of the Principal Scientific Adviser (OPSA). The platform serves as a…
Karnataka CM Announces 'Vidyarthi Sahayahasta' Scheme with 7.5% Reservation for Rural Students
Key Updates:
- Karnataka Chief Minister DK Shivakumar announced the 'Vidyarthi Sahayahasta' scheme for rural students.
- The scheme provides 7.5% reservation within the existing 15% rural reservation for admission to professional courses.
- The reservation applies to students who studied in rural government schools from Class I to Class X.
- The scheme aims to expand access to professional higher education, including medical and engineering courses, for rural students.
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The Karnataka Cabinet approved the Sandhya Kiran scheme, a contributory cashless healthcare scheme for state government pensioners below 70 years, family pensioners and eligible dependants. The scheme is framed under the…
DK Shivakumar to Induct 20 Ministers into Karnataka Cabinet (Start of August)
The All India Congress Committee (AICC) approved 20 names for induction into the Karnataka cabinet, with the swearing-in ceremony scheduled for August 3, 2026. The induction of 20 new ministers will take the Karnataka…
DK Shivakumar Sworn In As Chief Minister Of Karnataka (Start of June)
DK Shivakumar took oath as the Chief Minister of Karnataka on 3 June 2026, with the oath administered by Governor Thawar Chand Gehlot at Lok Bhavan in Bengaluru. Dr G Parameshwara was sworn in as the sole Deputy Chief…
Jay Prakash Narayan Sarvodaya Vidyalaya (JPNSV) Scheme: Free Residential Education in Uttar Pradesh (Start of July)
The Jay Prakash Narayan Sarvodaya Vidyalaya (JPNSV) scheme is a flagship initiative of the Uttar Pradesh government's Social Welfare department providing free residential education to socially, economically, and…
BRICS Nations Oppose EU Carbon Border Adjustment Mechanism at New Delhi Meeting on August 19, 2026
Key Updates:
- BRICS nations, including India, China, Russia, South Africa, Brazil, Egypt, Ethiopia, Indonesia, Iran, UAE and Saudi Arabia, opposed the European Union's Carbon Border Adjustment Mechanism (CBAM) at the group's 12th environment ministers' meeting.
- The meeting was held in New Delhi under India's BRICS chairship 2026, and its joint ministerial statement was adopted unanimously.
- The BRICS statement described CBAM and similar measures as unilateral, punitive, discriminatory and protectionist measures not in line with international law.
- CBAM entered its operational regime on January 1 and imposes a border tax on carbon-intensive goods such as iron, steel, aluminium and cement entering the 27 EU nations.
- India had opposed CBAM since its conception, arguing the unilateral move places an additional burden on businesses in developing economies due to embedded emissions.
- The BRICS countries together account for 40% of global GDP, and ministers or heads of delegations of all member countries except Saudi Arabia attended the ministerial meeting.
- The meeting also released four knowledge compendiums and adopted four outcome documents, including terms of reference for a network of BRICS institutions to advance knowledge sharing, research and innovation in sustainable lifestyles and integrated landscape management.
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The Competition Commission of India (CCI) organized the Meeting of Heads of BRICS Competition Authorities on August 8, 2026, in Udaipur, Rajasthan, under India's BRICS Chairship 2026. CCI Chairperson Smt. Ravneet Kaur…
India and Japan adopted the Rules of Implementation for the Joint Crediting Mechanism (JCM) on June 8. The JCM is established under Article 6.2 of the Paris Agreement, which allows countries to cooperate voluntarily via…
India hosted and concluded the 16th BRICS Trade Ministers' Meeting in Jaipur on August 7, 2026, under its BRICS Chairship 2026. The meeting was chaired by Union Commerce and Industry Minister Piyush Goyal and attended by…
First UN carbon credits under Paris Agreement Article 6.4 face scrutiny over Myanmar junta links (Mid of June)
The first carbon credits under the Paris Agreement's Article 6.4 mechanism were issued in February 2026 for a cookstove project in Myanmar. The project distributes improved cookstoves through a partnership between South…
US Imposes Sanctions on ICC President and Senior Trial Lawyer
Key Updates:
- The United States imposed sanctions on International Criminal Court (ICC) President Tomoko Akane and senior trial lawyer Abdoulaye Seye.
- The sanctions bar the two officials from entering the US and from conducting transactions within the US financial system.
- The ICC responded by stating it remains undeterred and stands behind its staff, rejecting the US measures as undermining the rule of law.
- The US action is part of the Trump administration's campaign against the ICC, which previously sanctioned officials after the Court issued arrest warrants for Israeli leaders.
- Chad and Venezuela have withdrawn from the ICC following US diplomatic pressure.
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Venezuela Formally Withdraws from the International Criminal Court (ICC); What It Means (End of July)
On July 24, 2026, the Government of Venezuela announced its decision to denounce the Rome Statute and initiate the formal process to withdraw from the International Criminal Court (ICC). The notification was sent to the…
Former CJI DY Chandrachud Appointed as Arbitrator in Ukraine Bank Investment Dispute (Mid of August)
Former Chief Justice of India DY Chandrachud has been appointed by Russia as an arbitrator in an international investment treaty dispute filed by Ukraine's state-owned Oschadbank. The arbitration has been initiated under…
The Appointments Committee of the Cabinet (ACC) approved the appointments of 10 officials and one extension to foreign and international posts on August 5, 2026. Baldeo Purushartha, an IAS officer, was appointed Senior…
ICC suspends Cricket Canada over corruption allegations (Start of June)
The International Cricket Council (ICC) suspended Cricket Canada from membership with immediate effect following Board meetings in Ahmedabad. The suspension follows allegations of corruption, match manipulation, and…
India Deploys Indrajaal Ranger Counter-Drone Vehicles with Rs 155 Crore Orders for Border and Urban Security
Key Updates:
- Indrajaal Autonomous Defense Systems and Sigma Advanced Systems secured government orders worth approximately Rs 155 crore for their Indrajaal Ranger counter-drone platform.
- The orders include a Rs 145 crore contract for border-security deployment and a Rs 10 crore order from an urban police force for VVIP protection and urban security.
- The Indrajaal Ranger is a mobile Counter-UAS platform capable of detecting, tracking, identifying and countering drones while on the move.
- The system has been evaluated by the government and selected by the Ministry of Home Affairs.
- The border deployment addresses threats including drones used for cross-border movement of narcotics, weapons and surveillance.
- The urban deployment covers requirements such as VVIP security, public events, airports and critical infrastructure.
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Government of India (GoI) Approves Dixon-Vivo Joint Venture for Domestic Smartphone Manufacturing (Mid of July)
The Government of India (GoI) has approved the joint venture (JV) between Dixon Technologies and Vivo Mobile India for manufacturing smartphones and other electronic devices. Under the JV, Dixon Technologies will hold a…
Defence Ministry Notifies Sixth Indigenisation List of 405 Items (Mid of August)
The Defence Ministry has notified the sixth Positive Indigenisation List (PIL) comprising 405 defence items to be sourced only from Indian suppliers. Of the 405 items, 389 belong to Defence Public Sector Undertakings…
GeM Completes 10 Years with ₹20 Lakh Crore GMV (Start of August)
The Government e-Marketplace (GeM) completed 10 years on August 7, 2026, having been launched on August 9, 2016, under the Ministry of Commerce and Industry. GeM has facilitated a cumulative Gross Merchandise Value (GMV)…
Larsen & Toubro (L&T) secures ₹15,000+ crore offshore contract from ADNOC Offshore (Start of August)
Larsen & Toubro (L&T) has secured an ultra-mega offshore contract valued at ₹15,000+ crore from ADNOC Offshore. The contract will be executed through a consortium led by L&T Energy Hydrocarbon Offshore (LTEH Offshore).
LandSpace Lands Zhuque-3 Booster in Reusable Milestone
Key Updates:
- LandSpace successfully recovered the first stage of its Zhuque-3 rocket, becoming the third private company to land an orbital-class booster.
- The Zhuque-3 rocket is made of stainless steel, offering greater heat resistance and reduced production costs compared to the Falcon 9's aluminium-lithium alloy.
- The rocket uses methane and liquid oxygen propellants, which burn cleaner than the Falcon 9's liquid oxygen and kerosene mix.
- The Zhuque-3 can lift 14.2 metric tons to low Earth orbit on a one-way trip, compared to the Falcon 9's 22.8 tons.
- LandSpace aims to reuse the Zhuque-3 booster up to 20 times.
- The launch took place from the Dongfeng Commercial Space Innovation Pilot Zone in northwestern China, with the booster landing in Gansu province.
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China achieved its first-ever controlled recovery of an orbital-class rocket booster using the Long March 10B rocket. The Long March 10B lifted off from the Hainan commercial space launch site (Wenchang Spacecraft Launch…
Japan Aerospace Exploration Agency (JAXA) Successfully Tests Prototype Reusable Rocket (Mid of July)
The Japan Aerospace Exploration Agency (JAXA) successfully completed the first lift-off and landing test of its prototype reusable rocket. The test was conducted at the JAXA test site in Noshiro, Akita region, where the…
Astrobase Unveils India's First Private 800 kN Rocket Engine (Start of August)
Astrobase Space Technologies unveiled EVEREST, India's first privately built 800 kN Full-Flow Staged Combustion (FFSC) LOX-Methane rocket engine. The EVEREST engine is designed for reusable medium-lift launch vehicles…
Agnikul to Attempt Rocket Stage Recovery (Mid of July)
Agnikul Cosmos, an Indian private space company incubated at IIT Madras, plans to launch Mission 02 to attempt the country's first orbital-class rocket booster recovery. The mission will use a two-stage Agnibaan rocket…
Fog Harvesting Project on Mount Boutmezguida Supplies Water to Five Moroccan Villages
Key Updates:
- The fog harvesting project is located on Mount Boutmezguida in southwest Morocco, at an elevation exceeding 4,000 feet.
- The system, known as CloudFisher, uses approximately 600 square meters of specialized mesh to capture atmospheric fog.
- Under optimal conditions, the installation yields around 6,300 liters of water per day.
- The harvested water is piped to five villages in the Aït Baamrane region, providing a reliable freshwater supply.
- The project is operated by the Moroccan nonprofit Dar Si Hmad, which has been developing it since 2006.
- A community 'water school' was established to educate residents on water management and conservation.
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The Kalpasar Project proposes a major barrier across the Gulf of Khambhat to create a coastal freshwater reservoir. The Detailed Project Report (DPR) for the Kalpasar Project was at the finalisation stage as of December…
Asian Development Bank (ADB) approves USD 230 million loan for Chennai water infrastructure (Start of July)
The Asian Development Bank (ADB) has approved a USD 230-million loan to modernise and expand water supply and sanitation infrastructure in Chennai. The project is designed to benefit 4.5 million residents in the Greater…
A tripartite Memorandum of Understanding (MoU) was signed on July 10, 2026, at the Delhi Secretariat for a rainwater harvesting project in 75 CM Shri Schools across Delhi. The project is part of the ‘Catch the Rain’…
CSIR Transfers Four Indigenous Technologies to Industry & Commercially Launches Smart Rural Water Monitoring System (End of July)
The Council of Scientific and Industrial Research (CSIR) transferred four indigenous technologies to industry and commercially launched an IoT-enabled rural water monitoring system. The technologies licensed to Pump…
Tata Power and Indian Institute of Technology Bombay (IIT Bombay) Sign MRA to Accelerate Clean Energy Technologies
Key Updates:
- Tata Power and the Indian Institute of Technology Bombay (IIT Bombay) signed a Master Research Agreement (MRA) to accelerate the commercialisation of next-generation clean energy technologies.
- The collaboration will focus on smart grids, power electronics, energy storage, electric mobility, cybersecurity, AI for power systems, digital grid technologies, carbon capture and circular economy solutions.
- The partnership aims to translate lab-scale innovations into scalable, industry-ready technologies for India's clean energy transition and energy security.
- The agreement was signed at the IIT Bombay campus by Dr. Praveer Sinha, CEO and MD of Tata Power, and Prof. Shrikrishna V. Kulkarni, Dean (R&D) at IIT Bombay.
- The partnership supports India's transition towards a resilient and sustainable energy system.
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Tata Power and Druk Green Power Corporation (DGPC) Sign Pact for Clean Energy Training in Bhutan (End of May)
Tata Power and Druk Green Power Corporation (DGPC) signed an initial pact to build a training framework for developing 5,000 MW clean energy capacity in Bhutan. The training programmes will be delivered through the Tata…
Andhra Pradesh and Australia Sign Four MoUs on Clean Energy, Education and Skills on August 1, 2026 (Start of August)
Andhra Pradesh and Australia signed four MoUs covering clean energy, advanced manufacturing, inclusive education, student mental health and skill development. The MoUs were signed in the presence of Andhra Pradesh HRD…
REC and PFC sign Rs 26,850 crore loan agreement for 2,400 MW Meja Thermal Power Project expansion (Start of August)
REC Limited and Power Finance Corporation Limited (PFC) signed a Rs 26,850 crore common loan agreement with Meja Urja Nigam Private Limited (MUNPL) to finance a 2,400 MW thermal power expansion in Uttar Pradesh. MUNPL is…
India will host the 11th BRICS Energy Ministers’ Meeting in Gurugram, Haryana, on June 25-26 under its BRICS Chairship 2026. The meeting is guided by the theme Building for Resilience, Innovation, Cooperation and…
Sadbhavana Diwas observed on August 20
Key Updates:
- Sadbhavana Diwas is observed every year on August 20 to mark the birth anniversary of Rajiv Gandhi.
- Rajiv Gandhi became the 6th Prime Minister of India on 31 October 1984, at the age of 40, the youngest to hold the office.
- He assumed office after the assassination of his mother, Indira Gandhi.
- His government introduced the National Policy on Education in 1986 to modernise education.
- The voting age was reduced from 21 to 18 through the 61st Constitutional Amendment Act.
- The 52nd Amendment Act introduced strict anti-defection laws.
- C-DAC was established in 1988, leading to the development of India's first indigenous supercomputer, PARAM 8000.
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Lokmanya Tilak Jayanti 2026: July 23 (End of July)
Bal Gangadhar Tilak, also known as Lokmanya, was born on July 23, 1856, in Ratnagiri, Maharashtra. He passed away on August 1, 1920.
Partition Horrors Remembrance Day 2026 observed on August 14 (Mid of August)
Partition Horrors Remembrance Day, also known as Vibhajan Vibhishika Smriti Diwas, is observed on August 14 every year in India. The day was officially announced by Prime Minister Narendra Modi on August 14, 2021.
National Anti-Terrorism Day is observed annually across India on May 21 to spread awareness about the dangers of terrorism and promote peace. The day marks the death anniversary of former Prime Minister Rajiv Gandhi, who…
Prime Minister Narendra Modi released the autobiography of former President Ram Nath Kovind titled 'Triumph of the Indian Republic: My Life, My Struggles' on August 12, 2026. The release event was held at Vigyan Bhavan…
World Humanitarian Day 2026: August 19, Theme 'Strengthening Global Solidarity and Empowering Local Communities'
Key Updates:
- World Humanitarian Day is observed annually on August 19.
- The 2026 theme is 'Strengthening Global Solidarity and Empowering Local Communities'.
- The day commemorates the 2003 bombing of the UN headquarters in Baghdad, which killed 22 people including Sergio Vieira de Mello.
- The United Nations General Assembly designated August 19 as World Humanitarian Day through Resolution 63/139.
- The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) leads the annual campaign.
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World Organ Donation Day 2026 observed on August 13 (Mid of August)
World Organ Donation Day is observed annually on August 13. The day aims to raise awareness about organ donation and encourage people to pledge their organs after death.
World Steelpan Day 2026 observed on August 11 (Mid of August)
World Steelpan Day is observed annually on August 11. The United Nations General Assembly proclaimed August 11 as World Steelpan Day in 2023 through Resolution 77/316.
World Refugee Day is observed annually on 20 June. The theme for World Refugee Day is Until Everyone is Safe.
Three Indian skydivers were among 65 participants who set a Guinness World Record for the most skydivers jumping together with national flags from a single aircraft. The record-breaking jump took place in Libya on August…
Lakshmanan Meyyappan Sets World Record as Youngest Male Chartered Accountant
Key Updates:
- Lakshmanan Meyyappan, an Indian-origin Dubai-based teenager, was officially recognised by Guinness World Records as the world's youngest male Chartered Accountant.
- He qualified in Dubai, United Arab Emirates, on 30 June 2021 at the age of 16 years and 170 days, with the record announced in February 2026 through his employer, Century Financial.
- He was introduced to accounting concepts by his mother, an Association of Chartered Certified Accountants (ACCA) professional, during the Covid-19 pandemic after his Class 10 exams.
- He completed the ACCA qualification in about a year, having started it at the age of 15.
- He also earned the CFA charter.
- He currently works as a Senior Research Analyst at Century Financial in Dubai.
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Vaibhav Sooryavanshi from Samastipur district, Bihar, became India's youngest international debutant during the second T20I against England in Manchester. He surpassed the record for India's youngest international…
Vaibhav Sooryavanshi became the youngest player to score a T20I fifty at the age of 15 years and 118 days. He achieved this record during the 1st T20I between India and Zimbabwe at Harare.
Meena Bindra Topped 2026 Candere Hurun India Women Leaders List; Avani Lekhara Youngest in Top 10 (Start of August)
The 2026 Candere Hurun India Women Leaders List, released by Hurun India, recognises 117 women across 12 sectors. Meena Bindra of BIBA topped the list, while Paralympian Avani Lekhara was the youngest in the top 10…
Chartered Accountants Day observed on July 1 (Start of July)
Chartered Accountants Day is celebrated annually on July 1 to mark the foundation of the Institute of Chartered Accountants of India (ICAI). The ICAI was established on July 1, 1949, under the Chartered Accountants Act…
Hakainde Hichilema Re-elected as President of Zambia for Second Term
Key Updates:
- Hakainde Hichilema was re-elected as President of Zambia for a second five-year term, receiving about 61.4 percent of valid votes.
- Election Commission chairperson Mwangala Zaloumis declared Hichilema president-elect on August 18, 2026.
- Brian Mundubile, the main challenger, received about 38 percent of valid votes.
- The presidential election was held on August 13, 2026, and about 5 million votes were cast.
- Hichilema, aged 64, contested his seventh presidential election, while Brian Mundubile made his first bid for president.
- Hichilema belongs to the United Party for National Development (UPND).
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Abiy Ahmed, aged 49, is set to serve another term as the Prime Minister of Ethiopia after his party secured an overwhelming majority in the general election. The Prosperity Party won 438 of the 501 contested seats in the…
Senegal’s President Bassirou Diomaye Faye was elected Chairman of the Economic Community of West African States (ECOWAS). He succeeded Sierra Leone’s President Julius Maada Bio.
On 11 August 2026, Andras Baka was elected president of Hungary by the National Assembly with 140 votes. Baka had served as chief of the Supreme Court before being removed from office by the Fidesz government in 2011…
Bangladesh and Cyprus vie for President of 81st UNGA session (Start of June)
Bangladesh and Cyprus are candidates for the presidency of the 81st session of the United Nations General Assembly (UNGA). The election for the one-year term is scheduled for June 2, with the session officially beginning…