Harsharan Kaur Trehan became Punjab State Power Corporation Limited (PSPCL) Director (Commercial).
[Punjab State Power Corporation Limited (PSPCL)]
Key Updates:
- Harsharan Kaur Trehan assumed charge as Director (Commercial) of Punjab State Power Corporation Limited (PSPCL) on 21 February 2026.
- She is the first woman technocrat to reach board level in PSPCL.
- Her appointment order was issued on 20 February 2026 by Basant Garg, Secretary, Power, Punjab Government, for a two-year tenure.
- Trehan had earlier become the first woman Engineer-in-Chief of PSPCL in May 2021 and retired from that post in October 2022.
- She joined the erstwhile Punjab State Electricity Board as an Assistant Engineer in 1987 after graduating from Delhi College of Engineering.
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- K Shekhar, the veteran art director celebrated for his imaginative set designs, passed away at his home in Thiruvananthapuram.
- He is most remembered for designing the anti-gravity room in the song 'Aalippazham Perukkaan' of the Malayalam film 'My Dear Kuttichathan'.
- The anti-gravity room was built on a rotating steel rig without any computer graphics, predating similar Hollywood techniques by decades.
- Shekhar entered Malayalam cinema in 1982 as costume designer and publicity designer for the film 'Padayottam' directed by Jijo Punnoose.
- Simran Bala, 26-year-old Assistant Commandant in Central Reserve Police Force (CRPF), hails from Nowshera sector of Rajouri district in Jammu and Kashmir.
- She will lead an all-male CRPF contingent of over 140 personnel during the Republic Day parade on Kartavya Path in New Delhi on 26 January 2026.
- Bala is the first woman from Rajouri district to join CRPF as an officer.
- Her family stated that she represents the third generation in their family to serve the nation in uniform.
- Pravina Deshpande died on 17 February 2026 after a prolonged battle with cancer at the age of 60.
- Her cremation was held on 17 February 2026 at 3:00 pm at Hindu Crematorium, Chakala Parsiwada, Andheri East.
- She was a member of Cine & TV Artistes’ Association (CINTAA) since 2008.
- Her Hindi film credits include Ready, Ek Villain, Parmanu: The Story of Pokhran and Jalebi.
- Her television appearances include Ghar Ek Mandir, Kumkum – Ek Pyara Sa Bandhan, Karam Apnaa Apnaa and Kulfi Kumar Bajewala.
- Her final screen appearance was in the Netflix web series Taskaree.
- Ramprasad Sridharan was appointed as the Managing Director of Puma India.
- His appointment is effective December 2025.
- He will report to Matthias Bäumer, the Chief Commercial Officer of the company.
- Ramprasad Sridharan brings over 25 years of experience in brand building and commercial strategy across the Asia-Pacific region.
- He most recently served as the Chief Executive Officer and Managing Director of United Colors of Benetton India.
- Prior to that, he held senior leadership roles at Clarks and Reebok India.
- He succeeds Karthik Balagopalan.
- Karthik Balagopalan left the company to pursue other interests.
- Karthik Balagopalan served Puma for two decades.
Pension Fund Regulatory and Development Authority (PFRDA) launches NPS Swasthya pilot for medical corpus
[Pension Fund Regulatory and Development Authority (PFRDA)]
Key Updates:
- Pension Fund Regulatory and Development Authority (PFRDA) has introduced NPS Swasthya on a pilot basis to help subscribers build a separate health corpus within their pension account.
- Any Indian citizen can voluntarily enrol in NPS Swasthya and contribute any amount without an upper limit through their chosen pension fund manager.
- Existing non-government NPS subscribers above 40 years can transfer up to 30% of their total contributions from Common Account to Swasthya Account.
- Subscribers can withdraw up to 25% of their own contributions per instance for medical expenses after accumulating a minimum corpus of Rs 50,000.
- For critical hospitalisation bills exceeding 70% of the Swasthya corpus, 100% lump-sum withdrawal is allowed under the premature exit option.
- Withdrawn amounts are paid directly to the Health Benefit Administrator (HBA) or Third Party Administrator (TPA) against valid medical bills, and any surplus is transferred back to the Common Scheme Account.
- The scheme operates under PFRDA's Regulatory Sandbox Framework with limited enrollment, and if found unviable, the accumulated corpus can be transferred back to the Common Account without loss.
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- The Pension Fund Regulatory and Development Authority (PFRDA) issued the circular on Tuesday.
- The pilot NPS Swasthya Pension Scheme operates under the Regulatory Sandbox Framework as a proof of concept.
- Subscribers can withdraw up to 25 per cent of their own contributions for medical expenses with no cap on the number of withdrawals.
- A minimum accumulated corpus of Rs 50,000 is required before the first withdrawal.
- Full premature exit with 100 per cent lump sum is allowed if inpatient medical expenses exceed 70 per cent of the total corpus in a single instance.
- Subscribers above 40 years (excluding government sector) may transfer up to 30 per cent of contributions from their existing NPS common account to the Swasthya Pension Scheme account.
- Pension funds (PFs) must obtain prior PFRDA approval and may partner with fintech firms, health benefit administrators (HBAs), or third-party administrators (TPAs).
- The pilot runs for a limited period with a restricted subscriber base; unviability will allow corpus transfer back to the common NPS account.
- Kerala Chief Minister Pinarayi Vijayan launched the Sthree Suraksha Scheme on 11 February 2026 at Malayinkeezhu, Thiruvananthapuram.
- The scheme provides ₹1,000 per month to 10,18,042 women and transwomen beneficiaries.
- Eligible beneficiaries are women aged 35 to 60 who are economically backward and not receiving other social welfare pensions, as well as trans women.
- The first month’s payment was transferred to the cleared beneficiaries on the afternoon of 10 February 2026.
- SBI Life - Smart Platina Advantage is an individual, non-linked, non-participating life insurance savings product offering long-term guaranteed benefits and life insurance protection throughout the policy term.
- The product provides assured guaranteed additions every policy year and allows premium payment for a limited period while maintaining life cover for the entire policy term.
- Tax benefits are available as per applicable provisions of the Income Tax Act, 1961.
- Policyholders can opt to receive maturity proceeds in instalments, providing post-maturity liquidity and financial flexibility.
- The Government of India has approved a 12.41% hike in the wage bill for Public Sector General Insurance companies (PSGICs), effective from August 2022.
- The revision for PSGICs incorporates a uniform family pension rate of 30% and an increase in NPS contribution from 10% to 14% for employees who joined after April 2010.
- The total financial implication for the PSGIC wage and pension revision is approximately ₹8,170 crore, benefiting 46,322 employees, 23,570 pensioners, and 23,260 family pensioners.
- The PSGICs covered under the revision include National Insurance Company Ltd (NICL), New India Assurance Company (NIACL), Oriental Insurance Company (OICL), United India Insurance Company (UIICL), General Insurance Corporation of India (GIC), and Agriculture Insurance Company of India Ltd (AICIL).
- The National Bank for Agriculture and Rural Development (NABARD) will implement a hike of approximately 20% in pay and allowances for all Group 'A', 'B', and 'C' employees.
- The government has approved a 10% enhancement in pension and family pension on basic pension plus dearness relief for Reserve Bank of India (RBI) retirees, effective from November 1, 2022.
- The RBI pension revision results in an effective enhancement of the basic pension by a factor of 1.43 for 30,769 beneficiaries, including 22,580 pensioners and 8,189 family pensioners.
- The NABARD revision is expected to benefit approximately 3,800 serving and former employees.
Ministry of Power Constitutes Committees for PFC and REC Merger
[Ministry of Power (India), Power Finance Corporation (PFC)]
Key Updates:
- The Ministry of Power (MoP) has constituted a high-level committee and a three-member working group to oversee the merger of Power Finance Corporation (PFC) and Rural Electrification Corporation (REC).
- The working group is headed by the Director (Distribution) of the MoP and includes executive directors from both PFC and REC as members.
- The working group is tasked with studying and recommending strategies for personnel and technology integration, corporate and functional restructuring, and harmonisation of stakeholder interests.
- The high-level committee is convened by the Joint Secretary (Distribution) of the MoP, with the Chairman and Managing Directors (MDs) of PFC and REC serving as members.
- The high-level committee will meet once every week to review progress reports from the working group and ensure the smooth execution of the merger process.
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- Ministry of Corporate Affairs (MCA) sanctioned orders on 27 January 2026 for merging 17 wholly owned subsidiaries of Power Grid Corporation of India.
- The sanction orders were received by the company on 4 February 2026.
- The restructuring uses two composite schemes: Scheme/Group-A and Scheme/Group-B.
- Twelve subsidiaries, including several regional transmission systems, will merge into POWERGRID Khavda II-C Transmission Limited.
- Five subsidiaries—POWERGRID Bhadla III and POWERGRID Ramgarh II among them—will amalgamate into POWERGRID Vataman Transmission Limited.
- The mergers take effect retrospectively from the appointed date of 1 April 2024.
- Disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
- Narayan Ramachandran, former country head and CEO of Morgan Stanley India, chairs the SAARG committee formed by PFRDA.
- The committee includes former whole-time member Ananth Narayan, Motilal Oswal Co-founder Raamdeo Agrawal, DSP Mutual Fund MD & CEO Kalpen Parekh, and First Global Founder & CMD Devina Mehra.
- PFRDA mandates the SAARG committee to review and modernise the National Pension System (NPS) investment framework within 9 months.
- The panel will benchmark NPS guidelines against leading global pension systems and the evolving Indian investment ecosystem.
- 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.
- The Employees' Provident Fund Organisation has set up a four-member committee for cadre restructuring of the retirement fund body.
- The committee, headed by BP Sharma, the former secretary of the department of personnel and training, will submit its report by March 31, 2026.
- It will undertake a comprehensive review of the existing workload of EPFO, identify imbalances, overlaps and inefficiencies in the present workforce structure and evaluate the requirement for rationalisation, optimisation or augmentation of human resources in line with functional necessities.
- The committee will benchmark the cadre structure of officers and employees of the central board and recommend appropriate restructuring measures to enhance efficiency, service delivery and institutional effectiveness, while ensuring that manpower deployment remains commensurate with the functional workload.
- It will recommend a suitable framework for induction of officers on deputation from the central government and other public institutions for bringing in talent, best practices, and cross-sectoral expertise to EPFO.
- The committee will also recommend a framework for EPFO officers and staff to go on deputation or exchange programmes to other organisations to facilitate exposure to new ideas, professional development, and adoption of innovative practices.
Gorakhpur International Cricket Stadium: Indian Oil Corporation Limited (IOCL) to contribute Rs 60 crore
[Indian Oil Corporation Limited (IOCL)]
Key Updates:
- Indian Oil Corporation Limited (IOCL) signed an MoU with the Uttar Pradesh government to provide Rs 60 crore for constructing an international cricket stadium in Gorakhpur.
- The MoU was signed in the presence of Chief Minister Yogi Adityanath.
- The proposed stadium will have a seating capacity of 30,000 spectators and will be developed fully in line with international standards.
- The project is targeted for completion by December 2027.
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- India’s World Cup-winning captain, Harmanpreet Kaur and former cricketer Yuvraj Singh... were on Thursday honoured with stands at the Mullanpur Stadium.
- Punjab Chief Minister Bhagwant Mann honoured Harmanpreet and Yuvraj ahead of the second T20I between Suryakumar Yadav’s India and Aiden Markram’s South Africa.
- After inaugurating the stands, the Punjab Chief Minister handed over the state-announced cash rewards of Rs 11 lakh each to Harleen, Amanjot and captain Harmanpreet.
- Fielding coach Munish Bali also received a Rs 5 lakh award.
- Union Home Minister Amit Shah will inaugurate the first phase of Assam’s biggest multidisciplinary sports stadium in Dibrugarh on 30 January 2026.
- The mega sports complex has been constructed at a cost of ₹233 crore across 104 bighas in Khanikar, Dibrugarh.
- The facility features a seating capacity of 35,000 and is designed to provide world-class amenities for athletes across multiple disciplines.
- The Union Home Minister is also scheduled to lay the foundation stone for the second complex of the Assam Legislative Assembly during the visit.
- The inauguration details were announced by Rituparna Baruah, the Chairman of the Assam Tourism Development Corporation Ltd (ATDCL).
- Uttar Pradesh Chief Minister (UPCM) Yogi Adityanath announced that the Noida International Airport at Jewar will be inaugurated in January 2026.
- The facility will be the fifth international airport in Uttar Pradesh and is expected to be the largest airport in India.
- Uttar Pradesh currently has 16 functional airports, including four international airports.
- The Noida International Airport is a greenfield project being developed in the Jewar area of Gautam Buddh Nagar district under the public-private partnership (PPP) model.
- The first phase of the airport project is spread over approximately 1,300 hectares.
- The Centre for Development of Telematics (C-DoT) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology Roorkee (IITR) to establish a centre of excellence (CoE) on the IITR campus.
- The primary objective of the C-DoT Centre of Excellence (CoE) is to accelerate indigenous research, innovation and capacity building in advanced communication technologies.
- The CoE will have a strong focus on research in the areas of wireless communication, quantum technologies, cybersecurity and AI-based applications.
- The centre will drive joint research and prototype development in key emerging domains, including 5G and 6G, RF-sub-THz integrated circuits, sensors, millimetre-wave beamforming antennas with integrated ICs, V2X Communication, data-driven wireless communication technologies and energy efficiency.
L&T Vyoma inks MoU with Gujarat govt to explore 250 MW green AI-ready data centre at Dholera SIR
[Gujarat, Larsen & Toubro (L&T)]
Key Updates:
- Larsen and Toubro (L&T) Vyoma signed an MoU with the Gujarat Department of Science and Technology during the India AI Impact Summit 2026 in New Delhi.
- The MoU envisages a 250 MW high-scale, green AI-ready data centre at Dholera Special Investment Region (SIR).
- L&T Vyoma will invest ₹25,000 crore and aims to operationalise the facility by 2028.
- The company will conduct a detailed feasibility assessment covering land suitability, infrastructure readiness, availability zones and sustainability parameters.
- The Government of Gujarat will facilitate the project through its relevant departments.
- The initiative aligns with the Gujarat IT/ITeS Policy (2022-27) and seeks to position Gujarat as a hub for AI infrastructure, cloud computing and advanced analytics.
- Gujarat’s Budget has allocated over ₹850 crore for AI and digital governance initiatives.
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- The Global Energy Alliance for People and Planet (GEAPP) launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026 to modernise power distribution and integrate renewable energy.
- The initiative is supported by the All India DISCOM Association (AIDA), International Solar Alliance (ISA), and designated Champion Utilities.
- GEAPP will deploy up to $25 million by 2028, aiming to unlock a total of $100 million by 2030 to support the Viksit Bharat 2047 vision of the Government of India.
- Memoranda of Understanding (MoUs) were signed with AIDA and distribution companies (DISCOMs) in Delhi and Rajasthan as the first cohort of Champion Utilities.
- The accelerator aims to support 15 or more utilities and impact nearly 300 million people through its D4 framework of Digitalisation, Distributed energy resources, Democratisation, and Development.
- The third edition of the Energy Transitions Innovation Challenge (ENTICE 3.0) was launched to focus on energy storage and grid digitalisation.
- GEAPP was founded in 2021 by The Rockefeller Foundation, IKEA Foundation, and Bezos Earth Fund to end energy poverty and accelerate green economic opportunity.
- Reliance Industries and Jio will invest Rs 10 lakh crore over seven years to build India’s sovereign AI infrastructure, scale green energy and develop affordable AI applications.
- Jio Intelligence will create gigawatt-scale data centres and a nationwide edge network, with a 120 megawatt campus under construction in Jamnagar, Gujarat scheduled to go live in the second half of 2026.
- Reliance will utilise up to 10 gigawatts of green power surplus anchored by solar projects in Kutch, Gujarat and Andhra Pradesh to power the AI infrastructure.
- Jio Shikshak provides AI-powered teaching assistance in 22 Indian languages, Jio Arogya AI delivers first medical guidance in under five minutes on any phone, Jio Krishi offers voice-first farm advisory to 140 million farmers, and Jio Bharat IQ serves as a voice-first AI companion.
- Jio Intelligence will follow five principles: AI for deeptech and advanced manufacturing, multilingual AI across Indian languages, responsibility and data residency, job creation through high-skill work, and ecosystem building with enterprises, startups, IITs, IISc and research institutions.
- The Adani group is setting up a 48-megawatt green data center in Telangana with an investment of Rs 2,500 crores.
- This facility will be at the forefront of cutting-edge AI, cloud technology, and high performance computing.
- The group has so far invested nearly Rs 10,000 crores in the last three years in building state infrastructure and manufacturing facilities in Telangana.
- AM Green is developing India’s first and the world’s largest green-ammonia complex with a planned capacity of 1.5 million tonnes per annum.
- The integrated project spans 7.5 gigawatts of solar and wind capacity, 1,950 megawatts of electrolyser capacity and 2 gigawatts of round-the-clock renewable power supported by pumped hydro storage.
- The facility will be commissioned in phases—0.5 million tonnes per annum by 2027, scaling to 1 million tonnes by 2028 and full 1.5 million tonnes by 2030.
- Green ammonia produced at Kakinada will be used globally as a clean shipping fuel, for power generation and as a carrier for green hydrogen.
Union Health Minister J P Nadda launches India-made tetanus and adult diphtheria (Td) vaccine under Universal Immunization Programme (UIP)
[Universal Immunization Programme (UIP), Government of India]
Key Updates:
- Union Minister for Health and Family Welfare J P Nadda launched the indigenously manufactured tetanus and adult diphtheria (Td) vaccine at the Central Research Institute (CRI) in Kasauli, Himachal Pradesh.
- The Td vaccine has been introduced for supply under the Universal Immunization Programme (UIP) and CRI will supply 55 lakh doses to UIP by April.
- India achieved Maturity Level 3 in the World Health Organization (WHO) global benchmarking of regulatory systems, reflecting robust vaccine regulatory standards.
- Under the Vaccine Maitri initiative, India supplied vaccines to nearly 100 countries, with 48 countries receiving vaccines free of cost.
- CRI is the first government institute to manufacture vaccines under Good Manufacturing Practices (GMP) standards.
- Universal Immunization Programme is the world’s largest immunisation programme, providing 11 vaccines against 12 vaccine-preventable diseases.
- The annual immunisation cohort under UIP comprises nearly 5 crore beneficiaries, including around 2.5 crore pregnant women and 2.5 crore children.
- Vaccine coverage in India has reached nearly 99 per cent due to systematic tracking and sustained immunisation efforts.
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- The World Health Organization (WHO) prequalified an additional novel oral polio vaccine type 2 (nOPV2) on 13 February 2026.
- Biological E. Limited manufactures the vaccine using bulk material transferred from PT Bio Farma.
- UNICEF and other UN agencies can now procure the vaccine for outbreak response programmes.
- nOPV2 is more genetically stable than traditional oral polio vaccine, lowering the risk of seeding new outbreaks.
- WHO noted that expanding nOPV2 manufacturers improves supply reliability for countries facing circulating vaccine-derived poliovirus type 2, especially in under-immunised communities.
- WHO Director-General Tedros Adhanom Ghebreyesus reported a significant decline in wild polio cases in Pakistan and Afghanistan.
- Kyasanur Forest Disease (KFD), also termed monkey fever, is endemic to Karnataka, Tamil Nadu, Kerala, Goa, and Maharashtra.
- Indian Council of Medical Research (ICMR) initiated next-generation vaccine development on request of Government of Karnataka.
- The project partners are Indian Immunologicals Limited (IIL) and ICMR–National Institute of Virology (NIV).
- The vaccine is a fully indigenous, adjuvanted, inactivated two-dose regimen given 28 days apart.
- Preclinical milestones completed include animal challenge studies, toxicity studies, and manufacture of GLP-grade material.
- Central Drugs Standard Control Organisation (CDSCO) has approved Phase I human clinical trial now underway.
- The Ministry of Tribal Affairs (MoTA) hosted the first "national Capacity Building Programme for Tribal Healers" on 16-01-2026 to formally recognize them as collaborative partners in India’s public health ecosystem.
- The MoTA has set a target to formally recognise and enable one lakh tribal healers as partners in strengthening tribal health services.
- A Memorandum of Understanding (MoU) was signed between MoTA and ICMR–Regional Medical Research Centre (RMRC), Bhubaneswar, for the establishment of India’s first National Tribal Health Observatory —the Bharat Tribal Health Observatory (B-THO) —under Project DRISTI.
- The initiative will institutionalise tribe-disaggregated health surveillance and focus on the elimination of malaria, tuberculosis, leprosy, and Sickle Cell Disease elimination, aligned with the national goal of elimination by 2047.
- The programme positions tribal healers to play a transformative role in preventive care, early identification of illness, and timely referrals to strengthen last-mile health outreach.
- Agricultural Research Council (ARC) released the first batch of South Africa’s locally produced foot-and-mouth disease (FMD) vaccine developed at ARC-Onderstepoort.
- The initial batch comprises 12 900 multi-strain doses produced by the ARC Onderstepoort Veterinary Institute (ARC OVI) Transboundary Animal Diseases Campus.
- The vaccine is registered as a stock remedy under the Fertilizers, Farm Feeds, Seeds and Remedies Act (No. 36 of 1947) and meets required quality, safety and efficacy standards.
- Local production enables faster outbreak response, closer strain matching to regional circulating viruses, and improved supply control.
- Since 2019 the outbreak has spread to eight of South Africa’s nine provinces, severely disrupting the commercial livestock value chain.
- Milk South Africa (Milk SA) welcomed the 12 900 doses but warned volumes fall far short of national requirements and urged rapid scale-up of both domestic and imported vaccines.