Indian Railway Finance Corporation Ltd (IRFC) raises JPY-equivalent $400 million overseas loan
[Indian Railway Finance Corporation Ltd (IRFC)]
Key Updates:
- The Indian Railway Finance Corporation Ltd (IRFC) has signed a loan agreement for a JPY-equivalent $400 million External Commercial Borrowing (ECB).
- The loan was raised from a consortium comprising Sumitomo Mitsui Banking Corporation (SMBC), GIFT City Branch, and MUFG Bank Ltd, GIFT City Branch.
- The ECB has a five-year tenor and is benchmarked to the Tokyo Overnight Average Rate (TONAR).
- This transaction marks the second overseas borrowing for IRFC in Financial Year 2025-26 (FY26), following a $300 million raise in December 2025.
- The facility agreement was executed on February 25, 2026, and the loan is unsecured in nature.
- The proceeds will be utilised for financing projects with forward or backward linkages to the railway sector or other projects compliant with ECB guidelines.
Similar Coverage
- Shriram Finance will issue 47.11 crore equity shares at ₹840.93 apiece to Japan’s MUFG Bank.
- MUFG Bank will hold a 20% minority stake in Shriram Finance on a fully diluted basis.
- The deal requires approvals from shareholders and regulators including the Reserve Bank of India and the Competition Commission of India.
- An extraordinary general meeting is scheduled on January 14, 2026, to seek shareholder approval for the preferential issue.
- MUFG will be classified as a public shareholder upon completion of the transaction.
- MUFG will pay a one-time non-compete and non-solicitation fee of $200 million to Shriram Ownership Trust.
- Shriram Finance shares rose 2.62% to ₹892.70 apiece on the BSE after the announcement.
- Central Bank of India (CBI) has entered into a distributorship agreement with HSBC Asset Management India Pvt Ltd (HSBC AMC) to offer mutual fund products to its customers.
- HSBC AMC, which acquired the L&T Investment Management business in November 2022, recorded a daily average Assets Under Management (AUM) of ₹1.39 lakh crore in December 2025.
- CBI reported a 31.6% year-on-year increase in net profit to ₹1,262 crore for the December quarter.
- The net interest income of CBI for the December quarter stood at ₹3,503 crore, reflecting a 1% decline compared to the previous year.
- The asset quality of CBI improved during the quarter, with Gross Non-Performing Assets (GNPA) declining to 2.7% and Net NPAs easing to 0.45%.
- Karthikeyan Manickam has been appointed as the Chairman of ESAF Small Finance Bank.
- He formerly served as the Executive Director of Bank of India.
- He brings over 36 years of experience in public sector banking.
- Indian Railway Finance Corporation (IRFC) provided a Rs 9,821 crore loan to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL).
- The rupee-denominated term loan is intended to refinance foreign currency debt taken from the World Bank for the Eastern Dedicated Freight Corridor project.
- The refinancing fully covers the existing World Bank loans, shifting the debt to local funding solutions to reduce exchange rate volatility.
- The agreement was signed by Rahul Kapoor, Director (Finance) of DFCCIL, and Deepa Kotnis, Executive Director (Finance) of IRFC.
- The loan execution took place at the Railway Board in the presence of Satish Kumar, Chairman & CEO of the Railway Board.
NSE International Exchange (NSE IX) launches platform for investment in 30 global markets
[NSE International Exchange (NSE IX)]
Key Updates:
- NSE International Exchange (NSE IX) has launched the NSE IX Global Access platform from GIFT City to enable Indian retail and Non-Resident Indian (NRI) investors to invest in 30 global markets.
- The platform initially provides access to United States (US) listed stocks, with markets in the United Kingdom (UK), Japan, and parts of Europe to be added within three to six months.
- Under the Reserve Bank of India (RBI) Liberalised Remittance Scheme (LRS), resident Indians can invest up to $2.5 lakh per financial year in overseas markets through this gateway.
- Investors will remit funds in Indian Rupees to the NSE IX bank account, which are then converted into US Dollars for global investments.
- The platform is regulated by the International Financial Services Centres Authority (IFSCA) and allows for fractional trading, enabling the purchase of portions of high-priced global shares.
- Investors can trade in stocks, debt instruments, and Exchange Traded Funds (ETFs) without opening a demat account, though derivatives and cryptocurrency transactions are prohibited.
- The Know Your Customer (KYC) process is fully digital, requiring Aadhaar and Permanent Account Number (PAN) for completion via systems such as DigiLocker.
Similar Coverage
- National Payments Corporation of India (NPCI) extended UPI One World wallet service to international delegates attending India AI Impact Summit 2026 held at Bharat Mandapam, New Delhi, from 16-20 February.
- The wallet enables inbound foreign travellers from over 40 countries to perform real-time Person-to-Merchant (P2M) transactions across India without a local bank account or Indian mobile number.
- Maximum loading limit is Rs 25,000 per transaction and Rs 50,000 per month; remaining balance can be transferred back to the original payment source per foreign exchange regulations.
- Wallet accessible at New Delhi International Airport and NPCI Pavilion; loading done via international debit or credit cards and payments made by scanning standard UPI QR codes.
- UPI processed 21.70 billion transactions in January 2026.
- Wise launched its multi-currency Travel Card in India.
- India recorded 3.89 crore outbound departures in 2024.
- Over 75,000 Indians joined the waitlist for the Wise Travel Card.
- Indians spent nearly USD17 billion overseas last year, a steep increase from the USD3–4 billion annual average before FY22.
- Traditional forex cards apply 2–4 per cent non-transparent margins on currency conversions.
- These margins add INR4,000– INR8,000 in extra costs on a INR2 lakh transaction.
- The Wise Travel Card supports more than 40 currencies.
- The card works across 160+ countries on the Visa network.
- Users receive free ATM withdrawals up to USD200 per month.
- Beyond the USD200 limit, a fee of USD 1.40 plus 3.25 per cent applies for ATM withdrawals.
- Wise is waiving its INR460 card issuance fee for new customers signing up before 10 February 2026.
- The Wise Travel Card carries no annual, subscription, or inactivity fees.
- The Department of Posts (DoP) and the National Stock Exchange of India (NSE) have signed a pact to expand mutual fund access through the NSE MF Invest platform.
- The partnership leverages the network of over 1.64 lakh post offices and the zero-cost NSE MF Invest platform to provide mutual fund products.
- The initiative will be rolled out in a phased manner, with the first phase focusing on Do-It-Yourself (DIY) investments with small, flexible amounts.
- The second phase will expand to the full mutual fund ecosystem, offering access to all open-ended schemes across 55 Asset Management Companies (AMCs).
- The second phase also includes goal-based investing, portfolio analytics, vernacular support, and enhanced advisory services.
- The initiative aims to bridge the gap in mutual fund penetration, which remains low at approximately 10 per cent of Indian households.
- The mutual fund industry in India has recorded Assets Under Management (AUM) surpassing ₹81 lakh crore with strong Systematic Investment Plan (SIP) inflows.
- The Reserve Bank of India (RBI) has granted final authorisations to In-Solutions Global Ltd (ISG) to operate as a Payment Aggregator (PA).
- The authorisations cover three specific categories: Online (PA-O), Physical/Offline (PA-P), and Cross-Border (PA-CB).
- The combined licences will enable ISG to provide a unified onboarding and settlement environment for online transactions, in-person payments, and cross-border flows.
- The company also holds an International Financial Services Centres Authority (IFSCA) licence and international regulatory permissions to activate global payment corridors.
BRO restores 400-feet Bailey Suspension Bridge at Taram Chu on Chungthang–Lachen axis
[Border Roads Organisation (BRO)]
Key Updates:
- Border Roads Organisation (BRO) restored the 400-feet Bailey Suspension Bridge at Taram Chu on the Chungthang–Lachen axis in North Sikkim.
- Raksha Rajya Mantri Sanjay Seth inaugurated the restored bridge and axis on 26 February 2026.
- The restoration reconnects North Sikkim after damage from the October 2023 Glacial Lake Outburst Flood, Cyclone Remal in June 2024, and cloud bursts in May/June 2025.
- Project Swastik of BRO, led by Brig Amit Sakhre, cleared 96 landslides, built four major bridges, repaired two bridges, and cut 8 km of new formation on the Lachen Axis.
- The reopening restores essential supply movement and access for residents and security forces in North Sikkim.
Similar Coverage
- Sikkim Chief Minister Prem Singh Tamang opened the strategic Cho La and Dok La passes at the India-China border under the battlefield tourism initiative on December 15.
- The Centre's 'Bharat Ranbhoomi Darshan' or battlefield tourism initiative seeks to open strategically significant border areas through regulated tourism to make the people aware of their historical importance.
- The opening of Cho La and Dok La is aimed at strengthening border area tourism and creating livelihood opportunities for local communities.
- The initiative is designed to create awareness of the valour and sacrifices of the armed forces and foster a sense of patriotism among the people.
- The Sikkim Tourism Department, in coordination with the Indian Army and the Centre, has established basic facilities and a two-day tour package with homestays and fixed vehicle rates for tourists.
- Goa Chief Minister Pramod Sawant laid the foundation stone for a new two-lane bridge connecting Davem and Sanvordem villages in Sattari.
- The project, valued at ₹29.9 crore, is being executed by the Goa State Infrastructure Development Corporation (GSIDC) for the Public Works Department (PWD).
- The infrastructure will feature a two-lane bridge with footpaths on both sides and includes the construction of approach roads.
- The new bridge will replace an existing narrow single-lane bridge, reducing travel distance by 7–8 km for commuters travelling towards Ponda and South Goa.
- The project is designed to ease traffic congestion by allowing motorists to bypass the Valpoi market, saving time and fuel.
- Mizoram Chief Minister Lalduhoma inaugurated the Rs 43.83-crore Lengtekai 'Faith Bridge' over Tlawng river.
- The 100-metre-long, 7.5-metre-wide steel bridge is funded by the Ministry of Road Transport and Highways (MoRTH).
- It links Aizawl with Lengpui Airport and Mamit district, replacing aging Bailey bridges and supporting loads up to 385 metric tons.
- The cantilever glass skywalk bridge is located at an elevation of around 862 feet (approximately 262 metres) above ground level.
- The bridge has been engineered to withstand wind speeds of up to 250 km/h.
- The structure is constructed using toughened, high-strength glass designed to remain intact even under significant impact.
- Structurally capable of supporting more than 100 people at once, entry is restricted to 40 visitors at a time.
Indian Railways signs pact with Indian Army for Agniveer and ex-servicemen recruitment
[Indian Railways, Indian Army]
Key Updates:
- Indian Railways (IR) and the Indian Army (IA) have formalised a framework of cooperation to expand post-retirement employment opportunities for Agniveers and IA personnel.
- The IR will recruit over 5,000 ex-servicemen as pointsmen on a contract basis to fill vacancies.
- A 10% horizontal reservation in level-2 and above posts and a 20% reservation in level-1 posts has been provisioned for ex-servicemen.
- For ex-Agniveers, a 5% reservation in level-2 and above posts and a 10% reservation in level-1 posts has been earmarked.
- A total of 14,788 posts were reserved for ex-servicemen in IR vacancy notifications during 2024 and 2025.
- The target beneficiaries of this framework are Agniveers and retired IA personnel.
Similar Coverage
- The CSIR Integrated Skill Initiative has trained over 2 lakh workers across the country.
- During phase I and II, more than 1.90 lakh individuals were trained through 5200+ skill-based trainings, including special targeted initiatives for rural citizens and women.
- The third phase was officially launched in June 2025 by Dr. N. Kalaiselvi, Director General, CSIR, and Secretary, DSIR, with a reinvigorated focus on advanced skilling, bridging academia-industry gaps, and accelerating development and growth.
- The first year of the third phase has already trained more than 14,000 trainees by conducting 425+ training programmes across 37 CSIR laboratories, nationwide.
- The initiative is closely aligned with the national vision of 'Atmanirbhar Bharat' and 'Skill India'.
- It caters to a diverse spectrum of beneficiaries ranging from students, young researchers, technical staff, and working professionals to school dropouts, ITI diploma holders, farmers, and rural communities.
- The programme spans 18 out of 36 key sectoral skills as identified by the National Skill Development Mission (NSDM).
- Unemployment rate on usual status for persons aged 15 years and above declined from 6.0% in 2017-18 to 3.2% in 2023-24.
- In Maharashtra, unemployment rate on usual status dropped from 4.8% in 2017-18 to 3.3% in 2023-24.
- Maharashtra rural unemployment declined from 3.2% to 2.1%.
- Maharashtra urban unemployment reduced from 7.4% to 5.2%.
- Unemployment for 15-year-plus population stood at 5.1% in August 2025 and 5.2% in September 2025.
- Rural unemployment was 4.3% in August 2025 and 4.6% in September 2025.
- Urban unemployment was 6.7% in August 2025 and 6.8% in September 2025.
- Pradhan Mantri Viksit Bharat Rozgar Yojana targets creation of over 3.5 crore jobs over two years with Rs 99,446 crore outlay.
- Code on Social Security, 2020 provides paid maternity leave of 26 weeks and mandatory crèche facility in establishments having 50 or more employees.
- 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.
- The Government of India announced seven new high-speed rail corridors: Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, Hyderabad-Chennai, Chennai-Bengaluru, Delhi-Varanasi, and Varanasi-Siliguri.
- The new corridors will span approximately 4,000 km and involve an estimated investment of ₹16 lakh crore.
- The Ministry of Railways (MoR) will utilise indigenous technologies for the development of track works, slabs, viaducts, signalling systems, and overhead electricals.
- Future Bullet trains for these corridors will be manufactured in India by Bharat Earth Movers Limited (BEML).
- The MoR is currently manufacturing 200 Vande Bharat Sleeper trains and plans to implement 52 commodity-wise reforms in the freight sector this year.
- An East-West dedicated freight corridor is being planned to connect industrial hubs in Maharashtra, Madhya Pradesh, Chhattisgarh, and Odisha to ports on the East and West coasts.
- The propulsion systems for these trains, including converters, inverters, and motors, are already being manufactured in India and exported to Europe and the United States.
ESIC Marks 75th Year of Service with Infrastructure Expansion and NHA-NABL MoUs
[Employees' State Insurance Corporation (ESIC)]
Key Updates:
- The Employees’ State Insurance Corporation (ESIC) commenced its 75th Year of Service celebrations at Bharat Mandapam, New Delhi.
- Established in 1952 with 1.2 lakh beneficiaries and one dispensary, ESIC now serves over 15 crore beneficiaries through 166 hospitals, 17 medical colleges, and nearly 1,600 dispensaries.
- The organisation's footprint currently extends across 713 districts in 36 States and Union Territories (UTs).
- Union Minister Dr. Mansukh Mandaviya released a commemorative coin (ESIC@75), the ESIC@75 Coffee Table Book, and launched the Swasthya Rath Initiative.
- ESIC signed a Memorandum of Understanding (MoU) with the National Health Authority (NHA) for the convergence of the ESI Scheme with Ayushman Bharat–Pradhan Mantri Jan Arogya Yojana (PM-JAY).
- An MoU was signed between ESIC and the National Accreditation Board for Testing and Calibration Laboratories (NABL) to improve diagnostic standards and laboratory accreditation.
- Under the new Labour Codes, ESIC’s mandate includes pan-India coverage and the extension of benefits to unorganised and gig workers.
- The Ministry of Labour & Employment (MoLE) highlighted that workers aged 40 and above are now mandated to receive annual health check-ups for preventive care.
- India was recently recognised by the International Social Security Association (ISSA) for excellence in social security administration.
- ESIC will observe a nationwide Special Services Fortnight from 24 February to 10 March 2026, featuring health camps, preventive screenings, and grievance redressal drives.
Similar Coverage
- Dr. Mansukh Mandaviya, Union Minister for Labour & Employment and Youth Affairs & Sports, delivered the keynote address at the Employees’ State Insurance Corporation (ESIC) 75th Year of Service celebrations held at Bharat Mandapam.
- Ms. Vandana Gurnani, Secretary, Labour & Employment, stated that ESIC has emerged as a cornerstone of India’s social security architecture.
- ESIC signed an MoU with the National Health Authority to converge the ESI Scheme with Ayushman Bharat–PM-JAY.
- ESIC signed an MoU with the National Accreditation Board for Testing and Calibration Laboratories (NABL) to strengthen quality assurance in laboratories.
- The National Council of Science Museums (NCSM), operating under the Ministry of Culture, was honored with two PRSI National Awards 2025 by the Public Relations Society of India (PRSI).
- NCSM received the awards in the categories of 'Best Use of Social Media in a Corporate Campaign' for the Har Ghar Museum initiative and 'Special/Prestige Publication Category' for the Waste to Art publication.
- The awards were presented during the 47th All India Public Relations Conference held from December 13 to 15, 2025, in Dehradun, Uttarakhand.
- The theme of the conference was “Empowering Growth, Preserving Roots – The PR Vision for 2047”.
- Shri Rajib Nath, Director (Hqrs.) of NCSM, and Shri Satyajit N. Singh, Public Relations Officer of NCSM, received the awards on behalf of the organization.
- The award-winning Waste to Art initiative involved repurposing over 1,250 kg of waste, including metal scrap and discarded electronics, into art installations and science exhibits.
- The Har Ghar Museum campaign achieved significant digital outreach, recording over 10 million views across platforms and engaging more than 1 million individuals.
- UNICEF Foundation Day is observed on December 11 every year.
- The official theme for UNICEF Foundation Day 2025 is 'My Day, My Rights'.
- UNICEF was established on December 11, 1946 to supply food, clothing, and medical care to children in post-World War II Europe.
- UNICEF stands for the United Nations International Children’s Emergency Fund, a name used until 1953.
- UNICEF was founded in 1946 by Ludwik Rajchman.
- Army Service Corps Day marks the 265th anniversary of the Army Service Corps (ASC).
- The ASC was established in 1760 and is one of the oldest and largest logistic arms of the Indian Army.
- The celebration took place at ASC Centre & College, Bengaluru, the Alma Mater of the Corps.
- Lt Gen JK Gera, Commandant, ASC Centre & College, led the wreath-laying ceremony at the War Memorial.
- A separate wreath-laying ceremony was held at the Animal Transport Memorial to honour animals and their handlers.
- The motto of the Army Service Corps is 'Seva Asmakam Dharma'.
Ministry of Electronics & Information Technology (MeitY) launches Blockchain India Challenge
[Ministry of Electronics & Information Technology (MeitY)]
Key Updates:
- S. Krishnan, Secretary of the Ministry of Electronics & Information Technology (MeitY), launched the Blockchain India Challenge on 23 February 2026 at the MeitY headquarters in New Delhi.
- The initiative is implemented by the Centre for Development of Advanced Computing (C-DAC) to encourage Indian startups to develop permissioned blockchain-based solutions for government use cases.
- The challenge focuses on ten primary domains: e-procurement, supply chain management, public distribution systems, education, healthcare, agriculture, power, IoT-enabled governance, land records, and sustainability.
- Startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) will receive stage-wise financial support to develop ten impactful blockchain-based use cases.
- The programme aims to integrate a cryptographic trust layer into India's existing Digital Public Infrastructure (DPI) to ensure transparency, auditability, and tamper-proof record management.
- The initiative specifically promotes permissioned blockchain architectures rather than public, permissionless systems to preserve regulatory oversight and sovereign control.
- The launch followed the India AI Impact Summit held in New Delhi, where policymakers deliberated on sovereign compute and foundational models.
Similar Coverage
- The Ministry of Electronics & Information Technology (MeitY) launched the Blockchain India Challenge on 23 February 2026 at MeitY headquarters in New Delhi.
- The initiative is implemented by the Centre for Development of Advanced Computing (C-DAC) with MeitY’s support.
- The Challenge targets DPIIT-recognised startups to co-create with government departments ten blockchain use cases across ten categories: e-procurement, supply chain management, public distribution systems, education, healthcare, agriculture, power, IoT-enabled governance, land records, and sustainability.
- Startups will receive stage-wise financial support to develop deployable permissioned blockchain solutions that ensure transparency, auditability, and tamper-proof record management.
- Applications are open through the official C-DAC portal with guidelines on eligibility, intellectual property rights, and use-case collaboration frameworks.
- The Department for Promotion of Industry and Internal Trade (DPIIT) notified revised startup recognition criteria on 5 February 2026.
- General startup turnover limit raised from ₹100 crore to ₹200 crore.
- New 'Deep Tech Startup' sub-category introduced with age limit extended to 20 years and turnover cap of ₹300 crore.
- Multi-State Cooperative Societies registered under the Multi-State Cooperative Societies Act, 2002 and cooperative societies under State/UT Acts now eligible for startup recognition.
- Department for Promotion of Industry and Internal Trade (DPIIT) notified revised norms expanding Startup India eligibility.
- General startups now recognised up to 10 years from incorporation with annual turnover not exceeding ₹200 crore.
- Deep-tech startups eligible for 20 years from incorporation with turnover cap raised to ₹300 crore.
- Multi-state and state-registered cooperative societies included as eligible entities under the framework.
- Entity formed by splitting or reconstruction of an existing business cannot qualify as a startup.
- Deep-tech startup must focus on new scientific or engineering knowledge, incur high R&D expenditure, and create significant novel intellectual property.
- Recognised startups gain access to government funding schemes, tax exemptions and regulatory relief.
- India has recognised more than 200,000 startups since Startup India launch in 2016.
- The Ministry of Electronics and Information Technology (MeitY) in collaboration with the Ministry of External Affairs (MEA) has made Passport Verification Record (PVR) available on DigiLocker to reduce reliance on physical records.
- Upon successful verification, citizens can fetch their PVR in the 'Issued Documents' section of their DigiLocker account.
- PVRs on DigiLocker are secure, tamper-proof, and digitally verifiable, allowing instant, consent-based sharing with authorised agencies without physical submissions.
IIT Kharagpur and Telecommunication Engineering Centre (TEC) Sign MoU for Telecom Research and Innovation
[IIT Kharagpur, Telecommunication Engineering Centre (TEC)]
Key Updates:
- Indian Institute of Technology Kharagpur (IIT Kharagpur) signed a Memorandum of Understanding (MoU) with the Telecommunication Engineering Centre (TEC) to collaborate on telecom research, standardisation, and innovation.
- The agreement aims to align academic research with national priorities in the telecom and information and communication technology (ICT) sectors.
- The two institutions will jointly work on developing standards and conducting research for next-generation telecom technologies, including 5G and future networks.
- The collaboration will focus on advanced antenna systems and Multiple-Input Multiple-Output (MIMO) technologies to support 5G and future wireless networks.
- The partnership involves work on Passive Optical Network (PON) technologies, including standardising network design, improving deployment models, and evaluating performance.
- The entities will develop electromagnetic field (EMF) monitoring systems and smart Internet of Things (IoT) solutions using AI-based sensor platforms to improve safety standards.
- TEC serves as India's national body for telecom standards and represents the country at global forums such as the International Telecommunication Union (ITU).
Similar Coverage
- WaveX, the startup accelerator under the Ministry of Information and Broadcasting (MIB), signed an MoU with FITT, IIT Delhi to scale media-tech incubation nationwide.
- FITT will provide strategic guidance for incubator setup, mentorship, IP support, and access to IITs and innovation hubs.
- WaveX will offer financial support, policy backing, and national visibility to startups in media, entertainment, broadcasting, and communication technologies.
- Tata Electronics has entered into a strategic partnership with Japan’s ROHM for automotive semiconductor assembly and testing in India for both Indian and global markets.
- Tata Electronics will assemble and test ROHM’s India-designed automotive-grade Nch 100V, 300A Si MOSFET in a TOLL package, targeting mass production shipments by next year.
- The Tata Group is currently building two semiconductor facilities in India, worth around $14 billion, including a fabrication plant in Gujarat and an assembly and testing plant in Assam.
- The Telecommunication Engineering Centre (TEC) and Indian Institute of Technology, Kanpur (IIT Kanpur) will jointly develop 'India-specific standards and testing frameworks for emerging and future communication technologies, including 6G, Artificial Intelligence in Telecom, Non-Terrestrial Networks (NTNs), Internet of Things (IoT), Digital Twin, Metaverse, and Quantum Communication.'
- The collaboration will 'enhance India's active participation and leadership in global standard-setting and radiocommunication bodies such as ITU-T, ITU-R, 3GPP, and other relevant international forums.'
- Joint research will target 'AI/ML for network automation, optimization and intelligent management, with a roadmap towards AI-native capabilities for future networks.'
- Studies will cover 'satellite communication systems, NTNs, HAPS and satellite-terrestrial integration, including disaster-resilient and emergency connectivity solutions.'
- The partnership strengthens 'indigenous research, design and manufacturing in telecom... developing India-specific standards, test frameworks and home-grown solutions that bolster national self-reliance, secure critical communications infrastructure and reduce dependence on imports.'
- Department of Telecommunications (DoT) through National Centre for Communication Security (NCCS) extends Pro Tem Security Certification Scheme for two years from 01-01-2026.
- NCCS reduces Telecom Security Testing Laboratory (TSTL) designation application fee by more than 50%, with complete waiver for Central/State Government testing agencies, IITs, and 50% concession for Indian Startups, MSEs, and women-owned enterprises.
- NCCS simplifies Indian Telecom Security Assurance Requirement (ITSAR) certification for Optical Network Terminator (ONT) devices by grouping customized variants under a single certification, cutting testing cases tenfold.
Army defends Khelo India Winter Games team championship
[Indian Army, Jammu and Kashmir (J&K)]
Key Updates:
- Army defended their Khelo India Winter Games (KIWG) team championship title by winning nine gold medals overall, eight in the Gulmarg edition.
- Himachal Pradesh finished as runners-up in the team championship.
- Jammu & Kashmir clinched their first gold of KIWG 2026 through Zubaid Ahmad Lone in the men's giant slalom snowboarding event.
- Bhavani Thekkada Nanjunda of Karnataka won the Nordic women's sprint across 1.5 km.
- Mayank Panwar of Army was the slalom man of the Games with a pair of gold medals.
- In the 15 km nordic skiing race, Mohammad Ali (34:21.49 secs) led Army 1-2-3, followed by Padma Namgail (34:36.74 secs) and Sunny Singh (35:16.83 secs).
- Kajal Kumari Rai of CRPF, Mayank Panwar of Army, and Preeti Thakur of Himachal Pradesh each finished with double gold medals in snowboarding.
Similar Coverage
- The 13th edition of the India–Kyrgyzstan joint military exercise Khanjar will be conducted in Misamari, Assam from 4 to 17 February.
- Exercise Khanjar, initiated in 2011, is an annual training event with venues alternating between India and Kyrgyzstan.
- The previous edition of Exercise Khanjar was held in Kyrgyzstan in March 2025.
- The exercise aims to enhance interoperability between the special forces of India and Kyrgyzstan with focus on urban warfare and counter-terrorism under United Nations mandate.
- India finished the Asian Rifle/Pistol Championship, New Delhi 2026, at Dr Karni Singh Shooting Range with 94 medals: 51 gold, 23 silver, 20 bronze.
- On the final day India added six gold, three silver, four bronze medals.
- Amanpreet Singh won 25m centre fire pistol gold with 589-24x; Gurpreet Singh took silver with 584-20x; Ankur Goel claimed bronze with 570-11x; the trio secured team gold.
- Suraj Sharma won 25m Pistol Junior gold with 585-25x; Mukesh Nelavalli secured silver with 582-21x; Abhinav Deshwal took bronze with 573-17x; the trio also won team gold.
- Sift Kaur Samra won 50m Rifle Prone women senior silver with 623.2; Tejaswani Sawant claimed bronze; Yelizaveta Bezrukova of Kazakhstan won gold; Sift, Tejaswani and Manini Kaushik combined for team gold.
- Dhavalika Devi Nyamurus secured 50m Rifle Prone women junior bronze with 614.1; Prachi Gaikwad, Anuskha Thokur and Devi combined for team gold.
- The Indian Army will host the inaugural International Military Adventure Challenge Cup (IMACC) 2026 from 18 to 23 February 2026 in the foothills of the Eastern Himalayas.
- Military teams from India and seven friendly nations—Bhutan, Brazil, Kazakhstan, Kyrgyzstan, Nepal, Sri Lanka, and Saudi Arabia—will participate.
- Indian contingents will include teams from the Indian Army, Indian Air Force, Indian Coast Guard, and the Indo-Tibetan Border Police (ITBP).
- The competition will test physical fitness, mental resilience, leadership, teamwork, and decision-making under pressure in mountainous terrain.
- The event is conducted under the banner of the International Military Sports Council (CISM) whose motto is 'Friendship through Sport'.
- Haryana won the team championship title of the Ladakh phase of Khelo India Winter Games 2026 after securing four gold medals.
- Indian Army team retained the men’s ice hockey title by defeating Chandigarh in the final with the match-winner scored three minutes before full-time.
- Ladakh, Maharashtra and Telangana each won two gold medals and were separated by silver count: Ladakh (5 silver), Maharashtra (3 silver), Telangana (2 silver).
- National coach Mohammad Abbas Nordak stated that the overall standard of ice skating improved noticeably compared to the previous five editions.
- Muthakani Vishnu Vardhan (Telangana) and Sachin Singh (Haryana) delivered strong individual performances in men’s events.
- Among women skaters, Nayana and Skarma stood out with consistent and competitive performances.
Kempegowda International Airport (BIAL) and Frankfurt Airport sign MoU to boost India-Europe cargo connectivity
[Kempegowda International Airport (BIAL), Frankfurt Airport]
Key Updates:
- Kempegowda International Airport operated by Bangalore International Airport Limited (BIAL) signed an MoU with Frankfurt Airport on Wednesday to enhance cargo connectivity between South India and Europe.
- The collaboration focuses on joint trade lane analytics, digital corridor development, pharma integrity standards, and knowledge exchange to improve visibility and reduce dwell times.
- Frankfurt Airport is one of Europe's most connected cargo hubs and serves as a key gateway for the partnership.
- BLR Airport serves one of India's fastest-growing manufacturing and export regions.
- The partnership aligns with Frankfurt Cargo Hub Masterplan and aims to create optimal conditions for customers and the cargo community.
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- India and Germany will unveil a defence and security roadmap that will strengthen the defence manufacturing network base in India.
- German technology for India’s defence preparedness will be part of the bilateral conversation.
- Chancellor Merz is accompanied by a 25-member delegation of CEOs, including top executives of a leading submarine manufacturer, signalling strong defence ties on the agenda.
- Air India and Lufthansa Group signed a Memorandum of Understanding on 17 February 2026 to establish a framework for a joint business agreement.
- The agreement covers Air India, Air India Express, Austrian Airlines, Brussels Airlines, ITA Airways, Lufthansa and Swiss International Air Lines.
- The MoU targets passenger traffic between India and the Lufthansa Group’s core European markets of Germany, Austria, Belgium, Italy and Switzerland.
- The partners currently codeshare on 145 routes across 15 Indian and 29 European cities in 20 countries.
- Lufthansa Group carried over 131 million passengers in 2024 and operates five national airlines in Europe.
- Bilateral trade in goods between the European Union (EU) and India exceeded €120 billion in 2024, with the EU being India’s largest trading partner for goods.
- Since its privatisation in 2022, Air India has expanded to 24 codeshare partnerships and nearly 100 interline agreements, providing access to more than 800 destinations globally.
- Chhatrapati Shivaji Maharaj International Airport (CSMIA) received the 2025 Airport Service Quality (ASQ) Customer Experience Award for Asia-Pacific's Best Airport for departures in the over 40-million-passenger category.
- The award was presented by Airports Council International (ACI) and is based on passenger feedback collected under ACI's globally benchmarked ASQ programme.
- CSMIA is the world's busiest single-runway airport in terms of annual passenger traffic.
- Mumbai International Airport Limited (MIAL) is a joint venture between Adani Airport Holdings Limited (AAHL) and Airports Authority of India (AAI), with AAHL holding a 74% stake.
- Recent passenger facilitation measures at CSMIA include hybrid self-baggage-drop units, expanded DigiYatra biometric e-gates, self-check-in kiosks, and the Fast Track Immigration-Trusted Traveller Programme (FTI-TTP) for international passengers.
- Terminal 2 houses the 3.2-kilometre Artbeat of New India museum corridor displaying over 5,500 artefacts and more than 100 installations.
- Kerala government signed MoUs with Indian Oil Corporation Ltd (IOCL), Container Corporation of India (CONCOR), and Central Warehousing Corporation (CWC) for a ₹2,000 crore logistics plan at Vizhinjam International Seaport.
- IOCL will invest ₹700 crore to set up large-scale bunkering facilities for mother ships at Vizhinjam.
- CONCOR will invest ₹600 crore to build rail-linked infrastructure including inland container depots and container freight stations.
- CWC will invest ₹700 crore to develop a 50-acre multimodal logistics park with cold storage and export-oriented units.
- The agreements were executed in the presence of Chief Minister Pinarayi Vijayan at the Legislative Assembly Building.
- The initiative aims to prevent monopolisation in cargo handling, guarantee fair pricing, and keep critical infrastructure under public sector oversight while the port operates on a Public-Private Partnership model.
Mangaluru International Airport (MIA) wins Global 2025 ASQ Award for Best Airport at Arrivals
[Mangaluru International Airport (MIA)]
Key Updates:
- Mangaluru International Airport (MIA) won the Airports Council International (ACI) World's 2025 Airport Service Quality (ASQ) Award for Best Airport at Arrivals globally.
- MIA secured the honour for the second consecutive year after receiving the same recognition in 2024.
- The ASQ Awards are based on real-time passenger feedback gathered through ACI's independently administered survey programme.
- The arrivals category assesses the inbound passenger journey, including immigration, baggage delivery, terminal ambience, cleanliness, wayfinding, and overall comfort.
- In 2025, MIA was one of six airports worldwide selected in the Best Airport at Arrivals – Globally category.
- The award will be presented at the ASQ Awards Ceremony in Istanbul, Türkiye, on Sept 2, during ACI World's Airport Experience Summit scheduled from Aug 31 to Sept 4.
- ACI World said 100 airports will be recognised across categories this year, with 195 awards to be presented.
Similar Coverage
- Chhatrapati Shivaji Maharaj International Airport (CSMIA) received the 2025 Airport Service Quality (ASQ) Customer Experience Award for Asia-Pacific's Best Airport for departures in the over 40-million-passenger category.
- The award was presented by Airports Council International (ACI) and is based on passenger feedback collected under ACI's globally benchmarked ASQ programme.
- CSMIA is the world's busiest single-runway airport in terms of annual passenger traffic.
- Mumbai International Airport Limited (MIAL) is a joint venture between Adani Airport Holdings Limited (AAHL) and Airports Authority of India (AAI), with AAHL holding a 74% stake.
- Recent passenger facilitation measures at CSMIA include hybrid self-baggage-drop units, expanded DigiYatra biometric e-gates, self-check-in kiosks, and the Fast Track Immigration-Trusted Traveller Programme (FTI-TTP) for international passengers.
- Terminal 2 houses the 3.2-kilometre Artbeat of New India museum corridor displaying over 5,500 artefacts and more than 100 installations.
- Singapore Changi Airport has been voted the best international airport in the world for 2025 at India’s Best Awards, by Travel+Leisure.
- The award was announced as part of the 14th edition of India’s Best Awards, which honours leading names in travel and hospitality based on an online voting process.
- Readers of Travel+Leisure India’s Best Awards chose Changi for its exceptional travel experience, comfort, and facilities.
- The Andhra Pradesh Cabinet approved the Dagadarthi greenfield airport project in Nellore district on Jan 10, 2026, to strengthen the state’s multimodal logistics and industrial network.
- The project has already received in-principle clearance from the Ministry of Civil Aviation (MoCA) for development under a long-term concession framework.
- Planned in multiple phases, the airport will be developed over 1,332.80 acres to support manufacturing, exports, agri-logistics, and services-led growth.
- Phase I is designed to handle 1.4 million passengers per annum, with capacity scalable to 15 million passengers annually in the long term.
- The master plan includes provision for a future cargo facility to support industrial output and port-led trade involving Krishnapatnam and Ramayapatnam ports.
- Delhi International Airport Limited (DIAL) certified as water-positive, the first airport in India with over 40 million passengers.
- A water-positive facility replenishes more water than it consumes.
- Achieved through 625 rainwater harvesting structures installed across the airport.
- Two newly built underground reservoirs with a combined capacity of 9 million litres.
- 16.6 MLD zero-liquid-discharge sewage treatment plant recycles wastewater.
- Treated water reused for HVAC systems, landscape irrigation, toilet flushing and other non-potable applications.
- Water treatment plant provides high-quality potable water to passengers with minimal wastage.
- Advanced systems such as sprinklers and drip irrigation ensure efficient water use.
- Recognised for scope I water neutrality under the NITI Aayog–CII water neutrality framework.
- Water neutrality balances total freshwater use with water savings from improved efficiency, reuse and replenishment.