Marine Products Export Development Authority (MPEDA) reports record seafood exports of ₹72,325.82 crore in FY 2025-26
[Marine Products Export Development Authority]
Key Updates:
- India's seafood exports reached an all-time high of ₹72,325.82 crore ($8.28 billion) with volumes of 19.32 lakh metric tonnes in Financial Year (FY) 2025-26, according to the Marine Products Export Development Authority (MPEDA).
- Frozen shrimp was the primary growth driver, contributing ₹47,973.13 crore ($5.51 billion) and accounting for over two-thirds of total export earnings.
- Shrimp exports grew by 4.6 per cent in volume and 6.35 per cent in value.
- The United States remained the largest export destination with imports totalling $2.32 billion, although shipments declined by 19.8 per cent in volume and 14.5 per cent in value.
- Total taxes on Indian shrimp in the United States market rose to 58 per cent since August last year, including a 50 per cent levy, countervailing duty, and anti-dumping duty, before being reduced to 18 per cent.
- China, the second-largest destination, recorded an increase in exports of 22.7 per cent in value and 20.1 per cent in volume.
- Exports to the European Union (EU) increased by 37.9 per cent in value and 35.2 per cent in volume.
- Under a finalized free trade agreement with the EU, the existing tariff of 26 per cent on seafood is set to be reduced to zero.
- Exports to Southeast Asia rose by 36.1 per cent in value and 28.2 per cent in volume.
- Exports to Japan grew by 6.55 per cent in value, while shipments to West Asia declined by 0.55 per cent.
- The top five ports—Vizag, Jawaharlal Nehru Port Trust (JNPT), Kochi, Kolkata, and Chennai—accounted for nearly 64 per cent of the total export value.
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- India's defence exports reached a record ₹38,424 crore in FY 2025-26, up over 62% from FY 2024-25.
- Defence public sector undertakings (DPSUs) contributed 54.84% of total exports, while private industry contributed 45.16%.
- Defence exports rose from ₹21,083 crore in FY 2023-24 to ₹23,622 crore in FY 2024-25 before the FY 2025-26 jump.
- India's major ports handled 915.17 million tonnes of cargo in FY 2025-26, exceeding the annual target of 904 MT and registering 7.06% year-on-year growth.
- Deendayal Port Authority led with 160.11 MT, followed by Paradip Port Authority at 156.45 MT and Jawaharlal Nehru Port Authority (JNPA) at 102.01 MT.
- Visakhapatnam Port Authority, Mumbai Port Authority, Chennai Port Authority, and New Mangalore Port Authority also contributed significantly to overall cargo throughput.
- Mormugao Port Authority recorded the highest growth at 15.91%, followed by Kolkata Dock System at 14.28% and JNPA at 10.74%.
- The Ministry attributed the performance to infrastructure upgrades, better hinterland connectivity, digital initiatives, and faster turnaround times.
- Chennai will host the World Seafood Congress (WSC) 2026, marking India’s first time hosting the biennial forum.
- The Congress is jointly organised by the International Association of Fish Inspectors (IAFI), PDA Ventures, and the National Fisheries Development Board, Hyderabad.
- Co-organisers include the Department of Fisheries with support from the Ministry of Food Processing Industries, the Ministry of Earth Sciences, and NITI Aayog – Government of India.
- Technical partners are the Indian Council of Agricultural Research (ICAR), Food and Agriculture Organization (FAO), United Nations Industrial Development Organization (UNIDO), and WorldFish.
- Supporting industry bodies include Marine Products Export Development Authority (MPEDA), Seafood Exporters Association of India (SEAI), Micro, Small & Medium Enterprises (MSME), Central Marine Fisheries Research Institute (CMFRI), Foundation for Aquaculture Innovation & Technology Transfer (FAITT), Indian Marine Ingredients Association (IMIA), and National Institute of Fisheries Post Harvest Technology and Training (NIFPHATT).
- The inaugural session will feature addresses from Dr Manuel Barange (FAO), Mr Alejandro Rivera Rojas (UNIDO), Dr Jörn O Schmidt (WorldFish), Dr K N Raghavan (SEAI), Mr G Pawan Kumar (SEAI), Mr Dodda Venkata Swamy (MPEDA), and Dr Ian Goulding (IAFI).
- Keynote address titled 'Netting Aqua Potentials for Nutrition Security and Economic Prosperity' will be delivered by Dr Tarun Shridhar, Former Secretary of Fisheries and Chairman of the WSC 2026 International Advisory Committee.
- The Congress agenda includes plenary sessions, expert panels, technical workshops, and thematic discussions on sustainable seafood trade, inspection standards, market access, and inclusive growth.
- The WSC 2026 exhibition will showcase innovations in processing, packaging, quality control, logistics, certification, digital systems, and cold-chain solutions.
- Winners of the 2026 Peter Howgate Award are Ms Harini Ravi from the National Institute of Food Technology Entrepreneurship, India, and Ms Riza Jane Banicod from the Ministry of Food Processing Industries, Republic of the Philippines.
- India's total merchandise and services exports grew by 5.79% to reach US$ 790.86 billion (₹72.76 lakh crore) between April 2025 and February 2026.
- The Ministry of Commerce and Industry (MoCI) reported that merchandise exports during this period reached US$ 402.93 billion (₹37.07 lakh crore), an increase of 1.84% compared to the previous year.
- Non-petroleum exports rose by 5.03% to US$ 354.12 billion (₹32.58 lakh crore) during the April-February period.
- Merchandise imports reached US$ 713.53 billion (₹65.64 lakh crore), resulting in a merchandise trade deficit of US$ 310.60 billion (₹28.58 lakh crore).
- Services exports reached US$ 387.93 billion (₹35.69 lakh crore), creating a services trade surplus of US$ 200.96 billion (₹18.49 lakh crore).
- In February 2026, India's export value reached US$ 76.13 billion (₹7.00 lakh crore), representing an 11.05% increase compared to the previous year.
- Export growth was supported by sectors including engineering goods, electronics, chemicals, gems and jewellery, agri-based products, pharmaceuticals, marine products, rice, handicrafts, coffee, meat, dairy, and poultry products.
- Significant export growth was recorded in markets including China, Hong Kong, Vietnam, Togo, Sri Lanka, the United States, and the United Arab Emirates.
India signs Rs 975 crore contracts for T-72 and T-90 tank equipment on 22 April 2026
[Ministry of Defence (India)]
Key Updates:
- The Ministry of Defence signed contracts worth nearly Rs 975 crore for the procurement of TRAWL assembly for T-72 and T-90 tanks.
- The contracts were signed with Bharat Earth Movers Ltd (BEML) and Electro Pneumatics and Hydraulics (India) Private Ltd.
- The TRAWL assembly is a critical equipment developed by the Defence Research and Development Organisation (DRDO).
- The equipment is designed to create vehicle safe lanes through minefields containing anti-tank mines with proximity magnetic fuses.
- The procurement is classified as a 'Buy (Indian-indigenously designed, developed and manufactured)' case.
- The agreements were signed in the presence of Defence Secretary Rajesh Kumar Singh.
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- The Ministry of Defence signed a Rs 1,950 crore contract with Bharat Electronics Limited (BEL) for procurement of two mountain radars and associated infrastructure for the Indian Air Force (IAF).
- The mountain radar is indigenously designed and developed by the Electronics and Radar Development Establishment of Defence Research and Development Organisation (DRDO).
- The radars will be manufactured by BEL and their installation will enhance India’s air defence and reduce dependence on foreign equipment.
- Defence Acquisition Council (DAC) chaired by defence minister Rajnath Singh approved the procurement of 114 Rafale fighter jets from France.
- The government-to-government deal with Dassault Aviation is estimated at Rs 3.25 lakh crore, making it India’s biggest defence deal since Independence.
- About 20 aircraft will be bought in fly-away condition and are expected to join the Indian Air Force (IAF) fleet by 2030.
- The remaining jets will be manufactured in India with Dassault-HAL collaboration and up to 50-60% indigenous content.
- IAF currently operates 36 Rafale jets; Indian Navy has ordered 26 naval variants, bringing the eventual total to 150 Rafales.
- DAC also cleared procurement of P-8I Poseidon maritime patrol aircraft from Boeing, combat missiles, high-altitude pseudo satellite, anti-tank mines (Vibhav), overhaul of T-72 tanks, BMP-II infantry combat vehicles and armoured recovery vehicles, and an electro-optical infra-red system for Coast Guard Dorniers.
- The combined value of all acquisitions approved on Thursday is Rs 3.6 lakh crore.
- Indian Army executed its first capital procurement contract through Government e-Marketplace (GeM) portal.
- Contract covers supply of 93 Telescopic Handlers under Buy (Indian) category.
- Contract signed with M/s JCB India Ltd at total cost of Rs 25.90 Cr.
- Procurement aims to compress timelines while maintaining procedural integrity.
- Move reinforces Government’s push towards Aatmanirbharta in defence and promotes Indian industry participation.
- GeM portal was developed in five months based on recommendations of a Group of Secretaries.
- The Ministry of Defence (MoD) signed a contract worth Rs 2,312 crore with Hindustan Aeronautics Limited (HAL) for the acquisition of eight Dornier 228 aircraft for the Indian Coast Guard (ICG).
- The agreement was signed in New Delhi under the Buy (Indian) category in the presence of Defence Secretary Rajesh Kumar Singh.
- The aircraft will be manufactured by the Kanpur-based Transport Aircraft Division of HAL and will include Operational Role Equipment.
- The Dornier 228 is a twin-engine turboprop multi-mission maritime patrol aircraft used for maritime surveillance, marine pollution contingency, search and rescue, and medical evacuation.
- The ICG currently operates this aircraft in two variants, specifically the 228-100 and 228-200 series.
- This is the second major deal with HAL in the current financial year, following a Rs 62,370 crore contract signed in September 2025 for 97 Light Combat Aircraft (LCA) Mk1A.
- The LCA Mk1A procurement for the Indian Air Force (IAF) includes 68 fighters and 29 twin-seaters, with deliveries scheduled to commence in 2027-28.
- The programme is expected to support a network of Micro, Small and Medium Enterprises (MSMEs) and create opportunities in Maintenance, Repair and Overhaul (MRO) and life cycle technical support.
United Nations Educational, Scientific and Cultural Organization (UNESCO) Releases People and Nature Report
[United Nations Educational, Scientific and Cultural Organization]
Key Updates:
- The United Nations Educational, Scientific and Cultural Organization (UNESCO) released the People and Nature Report, the first assessment covering World Heritage Sites, Biosphere Reserves, and Global Geoparks.
- The report assesses a network of more than 2,260 sites spanning over 13 million square kilometres.
- Nearly 90% of UNESCO-designated sites are currently experiencing high levels of environmental stress.
- Climate change has impacted 98% of sites since 2000, with extreme heat identified as the most widespread hazard.
- Wildfires have emerged as the primary driver of forest change in World Heritage sites, contributing to the loss of over 300,000 sq km of tree cover since 2000.
- Invasive species have been recorded in more than 80% of UNESCO-designated sites.
- More than a quarter of these sites could reach critical, potentially irreversible tipping points by 2050.
- Glacier loss in UNESCO sites has exceeded 2,500 gigatonnes of ice since 2000, with mountain glaciers losing around 9% of their volume.
- More than 300 World Heritage sites are facing chronic water stress.
- These sites are home to more than 60% of globally mapped species, with approximately 40% being endemic to these areas.
- UNESCO sites support nearly one-third of the remaining populations of elephants, tigers, and pandas, as well as critically endangered species including the vaquita, Javan rhino, and pink iguana.
- The sites absorb nearly 700 million tonnes of carbon dioxide annually and store an estimated 240 gigatonnes of carbon in soils and sediments.
- UNESCO-designated sites support the livelihoods of nearly 900 million people and contribute close to 10% of global GDP.
- The UNESCO initiative Women for Bees supports sustainable beekeeping in India's Western Ghats.
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- The United Nations Educational, Scientific and Cultural Organization (UNESCO) verified damage to at least four cultural and historical sites in Iran following strikes by the United States (US) and Israel.
- The affected landmarks include the Qajar-era Golestan Palace in Tehran, the 17th-century Chehel Sotoun Palace in Isfahan, and the Masjed-e Jame, which is the oldest Friday mosque in Iran.
- Damage was reported near the Khorramabad Valley, a site containing five prehistoric caves and a rock shelter with evidence of human occupation dating back to 63,000 B.C.
- Iran and Lebanon have submitted a formal request to UNESCO to include additional locations on the agency’s enhanced protection list.
- UNESCO confirmed that heritage sites in other regions have also been impacted by the conflict, including Tyre in Lebanon and the White City in Israel.
- The US government announced its intention to withdraw from UNESCO by December, following a previous announcement made in July.
- The International Day for Monuments and Sites, also referred to as World Heritage Day, is observed on April 18.
- The observance was first proposed by the International Council on Monuments and Sites (ICOMOS) during a symposium in Tunisia on April 18, 1982.
- The General Assembly of the United Nations Educational, Scientific and Cultural Organization (UNESCO) approved the proposal in 1983 during its 22nd session.
- The date April 18 marks the anniversary of the Second International Congress of Architects and Technicians of Historic Monuments held in Venice in 1964.
- The Venice Charter, which established fundamental international principles for the conservation and restoration of monuments and sites, was adopted during the 1964 Venice congress.
- The event is supported by national committees in over 100 countries.
- World Heritage Day, also known as the International Day for Monuments and Sites, is observed every year on April 18.
- The theme for 2026 is Emergency Response for Living Heritage in Contexts of Conflicts and Disasters.
- The day was established by the International Council on Monuments and Sites (ICOMOS) in 1982 and later approved by the United Nations Educational, Scientific and Cultural Organization (UNESCO).
- India is home to numerous UNESCO World Heritage Sites, including the Taj Mahal and the Ajanta Caves.
- The United Nations (UN) released the State of Finance for Nature 2026 report on 22 January 2026.
- The report finds that for every $1 invested in protecting nature, $30 is spent on activities that destroy it.
- Global nature-negative finance flows are estimated at $7 trillion, while nature-positive finance flows amount to $200 billion.
- Environmentally harmful subsidies are concentrated in sectors including fossil fuels, agriculture, water, transport, and construction.
- The data identifies utilities, industrials, energy, and basic materials as sectors where environmental damage is particularly significant.
- The report advocates for scaling up nature-positive investments such as regenerative agriculture, sustainable forestry, and nature-based infrastructure.
National Aeronautics and Space Administration (NASA) Completes Assembly of Nancy Grace Roman Space Telescope
[National Aeronautics and Space Administration]
Key Updates:
- The National Aeronautics and Space Administration (NASA) has completed the final assembly of the Nancy Grace Roman Space Telescope at the Goddard Space Flight Center in Maryland.
- The telescope is expected to launch in 2026 aboard a SpaceX Falcon Heavy rocket.
- The mission aims to study dark energy, dark matter, galaxy formation, and distant planetary systems using visible and near-infrared light.
- The observatory features a primary mirror approximately 2.4 metres wide and can collect data around 1,000 times faster than the Hubble Space Telescope during survey operations.
- Each image captured by the telescope will cover an area of the sky roughly 100 times larger than a single shot from Hubble.
- The telescope is equipped with a coronagraph designed to block bright starlight to enable direct imaging of large exoplanets, particularly gas giants similar to Jupiter.
- The coronagraph system may detect planets up to 100 million times dimmer than their host stars.
- Following launch, the telescope will travel nearly one million miles from Earth to be positioned at Lagrange Point 2.
- The telescope will be shipped to the Kennedy Space Center for final preparations after undergoing vibration and thermal simulations.
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- Union Budget sanctioned National Large Solar Telescope (NLST), a 2-metre aperture solar telescope to be built in Merak near Pangong Tso lake, Ladakh.
- NLST will operate in visible and near-infrared wavelengths and help study solar dynamics, magnetism, energetic solar events, and space-weather processes affecting Earth and national space assets.
- NLST will be India’s third ground-based solar observatory, joining Kodaikanal Solar Observatory (Tamil Nadu, 1899) and Udaipur Solar Observatory (Rajasthan, 1975).
- National Large Optical–Near Infrared Telescope (NLOT) will be a 13.7-metre segmented-mirror telescope with 90 hexagonal segments, to be built in Hanle, Ladakh.
- NLOT will enable frontier research on exoplanets, stellar and galactic evolution, supernovae, and origins of the universe, leveraging Ladakh’s high altitude and clear skies.
- Himalayan Chandra Telescope (HCT) will be upgraded from 2-metre to 3.7-metre segmented primary mirror and continue optical-infrared observations of transient astronomy.
- Upgraded HCT operations will complement international facilities like LIGO-India and the Square Kilometre Array.
- Hanle village in Ladakh is India’s first and only Dark Sky Reserve.
- GalaxEye, a Bengaluru-based private space technology company, will deploy NVIDIA Jetson Orin on its upcoming satellite mission, Mission Drishti.
- Mission Drishti will feature the world’s first SyncFused OptoSAR architecture, integrating Electro-Optical (EO) and Synthetic Aperture Radar (SAR) sensors on a single satellite platform.
- The satellite is designed to accelerate processing and interpretation of Earth observation data in space and quickly deliver insights to customers.
- Insights from Mission Drishti are expected to benefit sectors including agriculture, disaster management, and natural resource management.
- The mission will explore the feasibility of Orbital Data Centres (ODC), where multiple satellites operate as interconnected compute nodes.
- GalaxEye plans to scale Mission Drishti to a constellation of 10 satellites by 2030.
- NASA's James Webb Space Telescope identified nearly 800,000 galaxies to create the most detailed dark-matter map over such a large sky area.
- The map has twice the resolution of previous attempts using the Hubble Space Telescope and captures galaxies spanning the past 10 billion years.
- The study, led by Diana Scognamiglio of NASA's Jet Propulsion Laboratory (JPL), was published in Nature Astronomy.
- Dark matter comprises just over 25% of the universe, while ordinary matter makes up only 5% and dark energy fills the remainder.
- Scientists infer dark-matter distribution by measuring how its gravity warps light from distant galaxies, a technique called gravitational lensing.
- The Union Budget 2026-27 announced funding for four mega-telescope facilities to be spearheaded by the Indian Institute of Astrophysics (IIA).
- The National Large Solar Telescope (NLST) is a 2-metre class Gregorian multi-purpose telescope to be located in Merak, near Pangong Tso Lake in Ladakh.
- The NLST is designed to study the Sun's magnetic fields and atmospheric processes with a spatial resolution of approximately 50 kilometres.
- The National Large Optical-Infrared Telescope (NLOT) will be a 10-12 metre class facility situated at the Indian Astronomical Observatory (IAO) in Hanle, Ladakh.
- The NLOT will utilise segmented mirror technology to observe star births, early galaxies, and chemical signatures of distant exoplanets in the deep infrared.
- The 2-metre Himalayan Chandra Telescope (HCT) at Hanle, operational since 2001, will receive an upgrade to its sensors and backend instrumentation for transient astronomy.
- The COSMOS-2 Planetarium will be established in Amaravati, Andhra Pradesh, as a Cosmology Education and Research Training Centre featuring an 8K LED dome.
- The Union Government has allocated a combined investment of over ₹500 crore specifically for these space science infrastructure projects.
European Union (EU) approves €90 billion loan package for Ukraine
[European Union, Ukraine, Russia]
Key Updates:
- The European Union (EU) has approved a loan package of €90 billion to bolster Ukraine's defence against Russia.
- The financial aid will be disbursed in two equal installments of €45 billion in 2026 and €45 billion in 2027.
- The annual allocation consists of €28 billion for military needs and €17 billion for general budget needs.
- The loan covers two-thirds of Ukraine's total estimated requirements of €135 billion for the next two years.
- The EU will provide interest-free loans funded by borrowing on capital markets and underpinned by EU budget headroom.
- Repayment is expected only after Russia pays war reparations, with frozen Russian central bank assets in the EU, worth approximately €210 billion, earmarked as a potential guarantee.
- Hungary, Slovakia, and the Czech Republic have secured exemptions from this joint borrowing initiative.
- The loan's revival follows the election defeat of Hungarian Prime Minister Viktor Orban and the appointment of Peter Magyar as the incoming prime minister.
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- The 27 EU member states formally adopted a regulation to phase out imports of Russian pipeline gas and LNG.
- The regulation serves as a key milestone in achieving the REPowerEU objective of ending the EU reliance on Russian energy.
- The ban will start to apply six weeks after the regulation enters into force, with a full ban on LNG imports by the beginning of 2027 and pipeline gas by autumn 2027.
- Non-compliance with the new rules may result in maximum penalties of at least €2.5 million for individuals and at least €40 million for companies.
- Companies may face penalties of at least 3.5% of their total worldwide annual turnover or 300% of the estimated transaction turnover for violations.
- EU member states must verify the production country of gas imports and submit national diversification plans by 1 March 2026.
- The European Commission (EC) is authorised to suspend the import ban for up to four weeks if the security of supply is seriously threatened.
- Following the Versailles Declaration of March 2022, Russian gas imports fell to 13% of EU imports by 2025, valued at over €15 billion annually.
- The EC plans to propose further legislation to phase out Russian oil imports by the end of 2027.
- Michael Damianos, the Minister for Energy, Commerce and Industry of Cyprus, stated that the move is a step towards an autonomous Energy Union.
- India link not mentioned in the article.
- The United States Congress approved $200 million in security assistance for Estonia, Latvia and Lithuania under the Baltic Security Initiative (BSI) as part of the Fiscal Year 2026 Defense Appropriations Act.
- President Donald Trump signed the $838.7 billion defense package on 3 February 2026, securing continued US backing for the three Baltic states.
- An additional $10 million was allocated to Estonia through the Foreign Military Financing program, previously used by Tallinn to acquire HIMARS ammunition, Javelin missiles and large-caliber artillery shells.
- The House of Representatives passed the Defense Appropriations Act by 217–214 votes and the Senate cleared it with 71–29 votes.
- Three Russian MiG-31 fighter jets entered Estonian airspace over the Gulf of Finland in September and remained for approximately 12 minutes, prompting Tallinn to request an extraordinary UN Security Council meeting and activate Article 4 of the Atlantic Treaty.
- Congressman Don Bacon, Republican-Nebraska and co-chair of the House Baltic Caucus, stated that Congress is committed to a strong NATO alliance and emphasised the need for friends to counter China, Russia and Iran.
- Ukraine and Qatar signed a 10-year mutually beneficial partnership agreement in the defence sector during a meeting in Doha.
- The agreement between Ukraine and Qatar includes collaboration in technological fields, development of joint projects, defence investments, and the exchange of expertise in countering missiles and Unmanned Aerial Systems (UAS).
- The pact provides for joint defence industry projects, the establishment of co-production facilities, and technological partnerships between companies.
- Ukraine signed an air defence agreement with Saudi Arabia to support the kingdom in countering drone-related threats.
- Ukraine and the United Arab Emirates (UAE) agreed to cooperate in the field of security and defence, specifically regarding drone responses.
- Ukraine has deployed anti-drone specialists to Qatar, Saudi Arabia, and the UAE to leverage its experience in countering aerial threats.
- Ukraine proposed swapping its drone interceptors for air-defence missiles used by Gulf nations to counter missile strikes.
- India and 50 other countries abstained from a United Nations General Assembly (UNGA) draft resolution calling for an immediate, full, and unconditional ceasefire between Russia and Ukraine.
- Titled Support for Lasting Peace in Ukraine, the resolution was adopted by the 193 members of the UNGA on February 24, 2026, marking four years of the conflict.
- The resolution received 107 votes in favour, 12 against, and 51 abstentions.
- The draft was introduced by Ukraine along with Bahrain, Bangladesh, Brazil, China, South Africa, Sri Lanka, the United Arab Emirates (UAE), and the United States (US).
- The resolution reaffirmed support for the sovereignty, independence, unity, and territorial integrity of Ukraine within its internationally recognised borders, including territorial waters.
- It urged the full exchange of prisoners of war and the return of all unlawfully detained persons and deported civilians, including children.
- The document expressed deep concern over intensified attacks by Russia on civilians, civilian infrastructure, and critical energy facilities in Ukraine.