Securities and Exchange Board of India (Sebi) approves Wealth First Portfolio Managers to launch mutual fund business.
[Securities and Exchange Board of India]
Key Updates:
- Wealth First Portfolio Managers received Sebi approval to start mutual fund operations.
- Lakshya Asset Management Company, sponsored by Wealth First Portfolio Managers, will be India’s first AMC headquartered in Ahmedabad.
- Lakshya AMC has onboarded Sanjiv Shah, Rajan Mehta, and Sanjay Gaitonde, former key members of Benchmark Asset Management Company.
- Benchmark AMC launched India’s first ETF Nifty BeES, India’s first gold ETF Gold BeES, and the world’s first money market ETF Liquid BeES.
- India’s mutual fund industry AUM grew from about ₹1 lakh crore in 2001 to over ₹82 lakh crore in early 2026.
- Passive investing represents 19–20% of total mutual fund AUM in India compared with over 50% in the United States.
Similar Coverage
- Kotak Mahindra Bank has become the first custodian in India to issue a Foreign Portfolio Investor (FPI) licence through a fully digital onboarding process.
- The bank completed the entire account-opening process for overseas investors using electronic signatures.
- The bank has already issued two FPI licences based entirely on digitally signed documents.
- The move follows the Securities and Exchange Board of India (SEBI) operationalising a unified digital workflow in January 2026.
- Securities and Exchange Board of India (SEBI) has given final regulatory nod to ASK Asset & Wealth Management Group to commence operations as investment manager for its mutual fund business in India.
- ASK Asset & Wealth Management Group secured in-principle clearance from SEBI in March 2025 to enter the mutual fund space.
- The firm will offer active equity, passive strategies, hybrid, and fixed-income products.
- ASK Mutual Fund will cater to retail investors, long-term savers, HNIs and institutional participants.
- ASK has over four decades of experience in India’s equity markets through Portfolio Management Services (PMS) and alternative investment platforms.
- In 2022, Blackstone-managed private equity funds acquired majority stake in ASK Asset & Wealth Management Group.
- The Securities and Exchange Board of India (SEBI) held its 213th board meeting in Mumbai on 23 March 2026.
- SEBI amended AIF Regulations 2012 to allow Alternative Investment Funds (AIFs) with no active fund management to retain residual assets for up to 3 years subject to 75% investor approval.
- SEBI introduced net settlement for Foreign Portfolio Investors (FPIs) in the cash market to cut funding and forex conversion costs.
- SEBI expanded retail access to Social Impact Funds (SIFs) by lowering minimum investment and easing disclosure norms.
- SEBI allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to invest in greenfield projects, hold multiple SPVs, borrow for capex and refinancing, and undertake maintenance expenses.
- SEBI revised fit-and-proper criteria to bar persons with pending FIRs for economic offences or securities law violations and reduced disqualification period to six months in specified cases.
- SEBI mandated SEBI staff to liquidate or freeze personal securities holdings, file initial, annual and event-based conflict disclosures, and recuse from decisions when conflicts arise.
- SEBI approved creation of an Office of Ethics and Compliance (OEC), a digital monitoring system and a whistle-blower framework for stronger conflict-of-interest oversight.
- Ashika Group has received in-principle approval from the Securities and Exchange Board of India (SEBI) to act as sponsor and set up Ashika Mutual Fund.
- The approval allows the company to proceed with establishing an Asset Management Company (AMC) and preparing for the launch of mutual fund schemes, subject to fulfilling SEBI’s final registration requirements and conditions.
- Ashika Group’s financial services portfolio includes retail and institutional broking, investment banking, research advisory, global family office services, alternative asset management and private equity.
- The Group has a retail broking client base exceeding 125,000 and a presence across more than 20 states.
India hosts Indian Ocean Naval Symposium (IONS) maritime exercise IMEX TTX 26 in Kochi
[Indian Ocean Naval Symposium (IONS)]
Key Updates:
- Indian Navy hosted the Indian Ocean Naval Symposium (IONS) maritime exercise at Maritime Warfare Centre of Southern Naval Command in Kochi last Friday.
- The exercise brought together delegates from IONS member navies to deliberate on evolving non-traditional maritime security challenges in the Indian Ocean Region (IOR).
- Participating countries included Bangladesh, France, Indonesia, Kenya, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka, Tanzania and Timor-Leste.
- India assumed the IONS chairmanship for the 2026–2028 cycle after a gap of 16 years.
- IMEX TTX 2026 marks a key milestone in strengthening regional maritime leadership.
Similar Coverage
- Vice Admiral Sanjay Bhalla, Flag Officer Commanding-in-Chief, Eastern Naval Command (ENC), inaugurated the MILAN Village at the ENC base in Visakhapatnam on Sunday.
- The MILAN Village is set up at the ENC Sailors’ Institute and will serve as the social and cultural hub for Exercise MILAN 2026 and the International Fleet Review.
- The village features stalls from various Indian States and participating foreign navies, displaying traditional handicrafts, artwork and cultural exhibits.
- The International City Parade on RK Beach Road, Visakhapatnam, is scheduled for 19 February 2026 evening with over 70 countries participating.
- Chief Minister N. Chandrababu Naidu will attend the parade as chief guest.
- The parade will begin at 4 p.m. with an aerial display by Indian Naval fighter aircraft and helicopters.
- Marching contingents and military bands from the Army, Navy, Air Force and Coast Guard will participate, along with ceremonial units from foreign navies.
- Cultural troupes and thematic tableaux highlighting India’s maritime legacy and the traditions of visiting nations will be part of the event.
- The evening will conclude with synchronised fireworks, a laser light show and a drone display, with illuminated warships anchored off the Visakhapatnam coast.
- Defence Minister Rajnath Singh will formally inaugurate MILAN 2026 on Thursday at the Samudrika Auditorium inside the Naval Base in Visakhapatnam.
- Chief of the Naval Staff Admiral Dinesh K. Tripathi will attend the inauguration.
- Vice Admiral Sanjay Bhalla, Commander-in-Chief of the Eastern Naval Command, inaugurated the MILAN Village on 15 February.
- The harbour phase of MILAN 2026 began on Wednesday with cultural performances and a formal dinner for delegates.
- A two-day international maritime seminar starts on Thursday ahead of the official inauguration.
- The sea phase of MILAN 2026 is scheduled from 21 February to 25 February.
- The exercise aims to enhance interoperability, strengthen maritime domain awareness, and conduct advanced drills in anti-submarine warfare, air defence, and search-and-rescue operations.
- MILAN 2026 has drawn participation from 70 nations, up from 42 nations in the 2022 edition.
- Initiated by the Indian Navy in 1995, MILAN is a biennial multilateral naval engagement that began with Indonesia, Singapore, Sri Lanka, and Thailand.
- The inaugural edition was held at Port Blair in the Andaman and Nicobar Islands.
- The venue was shifted to Visakhapatnam in 2020 due to its more extensive and advanced naval infrastructure.
- MILAN originally aligned with India’s ‘Look East Policy’ and later became part of the ‘Act East’ policy and the SAGAR vision.
- The 11th edition of the biennial Joint Military Exercise 'Lamitiye' is being held in Seychelles from 9 March to 20 March 2026.
- The exercise is conducted at the Seychelles Defence Academy and involves the tri-service Indian contingent and Seychelles Defence Forces (SDF).
- The Indian contingent includes personnel from the Assam Regiment, Indian Navy ship INS Trikand, and an Indian Air Force C-130 aircraft.
- Exercise Lamitiye, meaning 'friendship' in Creole, has been held in Seychelles since 2001.
- The 12-day programme features field training exercises, combat discussions, case studies, lectures, and a two-day validation exercise.
- The Indian Navy (IN) has commenced the second edition of the Indian Ocean Ship (IOS) SAGAR initiative to enhance collaborative maritime security in the Indian Ocean Region (IOR).
- Naval personnel from 16 friendly foreign countries belonging to the Indian Ocean Naval Symposium (IONS) are participating in the event.
- The IN assumed the chair of the IONS in February 2026.
- The initiative supports the Government of India's vision of Security and Growth for All in the Region (SAGAR) and the Mutual and Holistic Advancement for Security Across the Regions (MAHASAGAR) framework.
- The programme includes professional training interactions at naval training establishments in Kochi followed by sea deployment onboard an IN ship.
- The sea phase involves operational activities, maritime engagement, and port visits to foster professional linkages and exchange best practices.
Maldives formally rejects UK-Mauritius Chagos Islands transfer deal
[Maldives, United Kingdom]
Key Updates:
- Maldives President Mohamed Muizzu conveyed non-recognition of the UK-Mauritius Chagos Islands deal through two written objections (November 2024 and January 2026) and a phone call with UK Deputy Prime Minister David Lammy.
- The President's Office termed the UK proceeding "in sole consultation with Mauritius" as "deeply concerning" and asserted Maldives' historical claim to the archipelago.
- The UK pays an average £101 million per year to lease the joint UK-US military base on Diego Garcia, the largest Chagos island.
- International Court of Justice (ICJ) 2019 advisory opinion and International Tribunal for the Law of the Sea (ITLOS) 2023 ruling endorsed Mauritius' claim, calling the 1965 separation unlawful.
- US President Donald Trump urged UK Prime Minister Keir Starmer not to cede the territory, placing the UK-Mauritius deal on indefinite hold.
- Maldives government is evaluating legal options, including a formal submission to ICJ, to assert sovereign rights over the Chagos Archipelago.
Similar Coverage
- India handed over the first of 12 high-speed ferries to the Maldives to launch Raajje Transport Link (RTL) services in Faafu and Dhaalu Atolls.
- The ferry was built with Indian assistance under the High Impact Community Development Project (HICDP) Phase III MoU signed in January 2025.
- India will provide a total of 12 high-speed ferries to the Maldives as part of the existing agreement.
- India signed 13 MoUs with the Maldives on 18 May 2024 for enhancing ferry services under HICDP Phase III with an MVR 100 million grant.
- The total grant for the 13 projects under HICDP Phase III amounts to MVR 100 million (about ₹55.28 crore).
- Indian High Commissioner to the Maldives G Balasubramaniam stated that India has provided USD 29.5 million to the Maldives over four phases for transport, sports, coastal protection, health, and education projects.
- Prime Minister Narendra Modi visited the Maldives in July 2024 and Maldivian President Mohamed Muizzu visited India in October 2024.
- The BBNJ Agreement, covering ocean zones beyond national waters, enters into force 120 days after ratification by at least 60 countries.
- The treaty area represents over two-thirds of the ocean’s surface and over 90 per cent of Earth’s habitat by volume.
- It is the first legally binding ocean instrument to provide for inclusive ocean governance, with provisions on the engagement of Indigenous Peoples and local communities and on gender balance.
- The Agreement becomes legally binding for the 81 nations that have ratified it so far.
- Major economies that have ratified include China, Germany, Japan, France and Brazil.
- The US signed in 2023 but has not ratified; India adopted in 2024 but ratification is pending; UK legislation introduced in 2025 but not yet ratified; Russia has neither adopted nor ratified.
- Kharg Island is a coral island located 25 km off the Iranian coast in the Persian Gulf, serving as the country's primary crude oil export terminal.
- The facility handles approximately 90% of Iran’s crude exports and has the capacity to load up to 7 million barrels of oil per day.
- Developed in the 1960s with assistance from the United States (US) company Amoco, the terminal is connected to southern Iranian oilfields via subsea pipelines.
- Satellite imagery from the European Union (EU) Copernicus Browser showed a very-large crude carrier at the island on 2 March during the US and Israel military campaign titled Operation Epic Fury.
- The island is situated near the Strait of Hormuz, a critical energy chokepoint that facilitates one-fifth of global oil shipments, primarily to Asian markets including China.
- White House energy adviser Jarrod Agen indicated that US strategic goals could involve seizing the island to restrict Iran's oil revenues.
- The 17th edition of the trilateral exercise 'DOSTI' is being held in Male, involving the Indian Coast Guard (ICG), Sri Lanka Coast Guard, and Maldives National Defence Force (MNDF).
- The harbour phase of the exercise includes collaborative Marine Pollution (MARPOL) exercises, joint Visit, Board, Search, and Seizure (VBSS) drills, and pollution response demonstrations.
- A four-member delegation from the ICG, led by Director General Paramesh Sivamani, is participating in the exercise to foster reciprocal learning and capacity augmentation.
- The exercise features tabletop exercises and the implementation of cross-boarding Standard Operating Procedures (SOPs) to enhance interoperability.
- Originally started as a bilateral exercise between India and the Maldives in 1991, DOSTI transitioned into a trilateral framework in 2012 with the addition of Sri Lanka.
- The trilateral engagement reflects India's 'Security and Growth for All in the Region' (SAGAR) vision and its 'Neighbourhood First' policy.
Research Advisory Board (RAB) of Biotechnology Research and Innovation Council (BRIC) holds first meeting
[Biotech Research and Innovation Council (BRIC), Regulatory Authority for Biotechnology (RAB)]
Key Updates:
- The first meeting of the Research Advisory Board (RAB) of the Biotechnology Research and Innovation Council (BRIC) took place to deliberate on national initiatives and governance reforms.
- The reforms are designed to guide the transformation of BRIC into a cohesive, decentralised national biotechnology laboratory.
- The RAB is responsible for guiding, reviewing, and monitoring the research activities conducted by BRIC Institutes (iBRIC) and fostering deliberations for developing new missions.
- Rajesh S Gokhale, Secretary of the Department of Biotechnology (DBT), stated that the RAB should focus on designing mission-focused objectives tailored for a growing bioeconomy.
- Experts underscored the need to leverage the country’s demographic advantages, biodiversity, and extensive data resources to support the vision of Viksit Bharat.
Similar Coverage
- The 6th edition of the BRICS Chamber of Commerce and Industry (BRICS CCI) Women Empowerment (WE) Annual Women’s Summit & Felicitations 2026 was held in New Delhi from March 21 to 23.
- The summit theme was 'Women in Innovation, Science Leadership, Innovation & Entrepreneurship (WISE) – Inspiring Change, Shaping Tomorrow'.
- Ruby Sinha, President of BRICS CCI WE, launched the commemorative coffee table book 'WISE Collective: Echoes of Excellence' during the summit.
- A memorandum of understanding was signed with SEBRAE, Brazil’s Micro and Small Business Support Service, to enhance collaboration for women-led enterprises.
- The convocation ceremony of the third edition of the BRICS CCI WE Global Women Leadership Programme took place at the summit.
- Mission ShakthiSAT was unveiled by Meenakshi Lekhi, former Minister of State for External Affairs and Global Chair of the initiative.
- Actor Shabana Azmi received the BRICS CCI WE Trailblazer: Living Legend recognition for her five decades in Indian cinema.
- Debjani Ghosh, Distinguished Fellow at NITI Aayog and former President of NASSCOM, was conferred the Lifetime Achievement recognition.
- Kalpana Murmu Soren, MLA from Gandey, Jharkhand, was recognised as the BRICS CCI WE Inspiring Woman of the Year.
- Actor and climate advocate Bhumi Pednekar was felicitated as a BRICS CCI WE Woman Icon.
- Union Minister Jitendra Singh laid the foundation stone for a state-of-the-art current Good Manufacturing Practice (cGMP) facility at the Akkulam campus of Biotechnology Research and Innovation Centre--Rajiv Gandhi Centre for Biotechnology (BRIC-RGCB) in Thiruvananthapuram.
- He dedicated the National Facility for Recombinant Cells & Sensors, housing 600-700 types of stable cells covering several cancer targets, positioning it among the leading global resource centres for such innovative tools.
- Singh inaugurated the annual National Science Day programme at the BRIC-RGCB campus.
- The minister highlighted India's BioE3 (Biotechnology for Economy, Environment, and Employment) Policy as a dedicated biotechnology policy aimed at making the economy bio-driven.
- He noted the Union Budget announcement of the Biopharma SHAKTI Mission, signalling policy recognition that future global economies will increasingly be driven by biotechnology.
- Singh urged BRIC-RGCB to explore interdisciplinary collaborations with the private sector in the liberalised nuclear medicine domain.
- Secretary, Department of Biotechnology (DBT) and Director General, BRIC, Dr Rajesh Gokhale, stated that the government launched the HPV vaccination drive based on data generated by BRIC-RGCB.
- Prof VPN Nampoori of CUSAT, Kochi, authored the National Science Day book 'Quantum Physics: One Hundred Magical Years' released by the minister on the occasion.
- Union Minister of Chemicals and Fertilisers Shri J P Nadda announced a Budgetary provision of ₹13,000 crore for the Bio-Pharma SHAKTI Mission and three dedicated Chemical Parks.
- ₹10,000 crore of the allocation is earmarked for the Bio-Pharma SHAKTI Mission over the next five years.
- The global pharmaceutical market is expected to have 40% biologics by 2035, with patents worth $300 billion expiring by 2030.
- Securing a 1% share of the global biosimilars market could create an annual opportunity of ₹2 lakh crore for India.
- Plans include developing 1,000 clinical trial sites across the country to expand research and innovation capacity.
- The Central Drugs Standard Control Organization (CDSCO) will be strengthened to ensure faster regulatory approvals.
- India’s chemical industry currently generates output worth ₹19.4 lakh crore and holds a 3% global share.
- ₹3,300 crore is allocated for developing three world-class chemical parks aimed at reducing costs by 20–40% through industrial symbiosis.
- The roadmap targets raising India’s global chemical sector share to 5–6% by 2030 and achieving a $1 trillion turnover by 2040.
- India submitted a draft ministerial declaration asking developed members to facilitate transfer of advanced environmentally sound technologies (ESTs) to developing and least-developed countries (LDCs).
- The declaration cites export controls on inputs such as semiconductor chips and rare earth minerals and rigid intellectual-property regimes as persistent barriers to technology access.
- India requested developed countries to share regional and sector-specific technology needs, experiences, challenges and best practices to cut high access costs and domestic capacity constraints.
- New Delhi proposed a detailed review of technology-transfer provisions in WTO agreements covering TRIPS, agriculture, technical barriers to trade, and sanitary and phytosanitary measures.
- The text seeks operationalisation of existing TRIPS flexibilities for technology transfer and a time-bound roadmap to be adopted at the forthcoming WTO ministerial meeting later this month.
Wildlife Management Authority conserves 19,858 Olive Ridley turtle eggs on Hope Island, Kakinada Bay
[Coringa Wildlife Sanctuary]
Key Updates:
- Wildlife Management Authority and Coringa Wildlife Sanctuary officials collected 19,858 Olive Ridley turtle eggs from 174 nests on Hope Island in the Kakinada Bay.
- The eggs are being conserved under the in-situ conservation method on the island.
- Kakinada District Forest Officer N. Rama Chandra Rao stated that the hatchlings are being released into the sea.
- On 26 March 2026, Joint Collector Apoorva Bharat and Kakinada Assistant Collector Ms. Manisha released 585 Olive Ridley turtle hatchlings into the sea on the island.
- Hope Island is identified as one of the safe nesting grounds of Olive Ridley Turtles in Andhra Pradesh.
Similar Coverage
- Researchers tracked a male painted stork named Ringo with a neck scar inside Delhi’s National Zoological Park for four breeding seasons (2022-2025).
- A total of 2,349 high-resolution images of Ringo and 1,755 images of other storks were collected to build a deep transfer learning (DTL) model.
- Scale-invariant feature transform (SIFT) identified Ringo’s scar and feather pattern, achieving 98% individual identification accuracy.
- Repeated sightings of Ringo at the same nest site across four years confirmed strong nest site fidelity in the species.
- The study, published in Royal Society Open Science, was led by University of Delhi, Salim Ali Centre for Ornithology and Natural History, and Tamil Nadu Agricultural University.
- A nest containing 10 intact dinosaur eggs from the Upper Jurassic era was discovered at Santa Cruz Beach in Torres Vedras, Portugal.
- The discovery was made by Carlos Natário, a researcher at the Centre for Research in Paleobiology and Paleoecology (Ci2Paleo) under the Torres Vedras Natural History Society (SHN).
- Preliminary studies suggest the eggs, measuring 5 centimetres in diameter, belong to a carnivorous theropod, which was a two-legged predator of the Jurassic era.
- Researchers at the SHN laboratory are using Computed Tomography (CT) scans to perform a virtual excavation and create high-resolution 3D models of the egg interiors.
- The eggs were found in granular sandstone, indicating they were laid on a riverbank and fossilised at the original location without being moved by ancient floods.
- The Visible Infrared Imaging Radiometer Suite (VIIRS) on the National Oceanic and Atmospheric Administration (NOAA)-20 satellite captured images of a phytoplankton bloom encircling the Chatham Islands on January 10, 2026.
- The Chatham Islands are situated on the Chatham Rise, an underwater plateau that extends eastward from the South Island of New Zealand and separates areas of deeper water.
- Phytoplankton blooms are common in this region where cold, nutrient-rich currents from the Antarctic and warm, nutrient-poor water from the subtropics converge.
- The well-mixed water and long daylight hours in the austral summer boost phytoplankton populations, which serve as the base of the local food web.
- The waters around the islands support productive fisheries for species such as pāua, rock lobster, and blue cod, as well as five seal species and 25 whale and dolphin species.
- Despite the biological abundance, the Chatham Islands are a known hotspot for whale and dolphin strandings, where hundreds of animals are sometimes beached.
- The National Green Tribunal (NGT) special bench, led by Chairperson Justice Prakash Shrivastava, upheld the environmental clearance for the Rs 81,000-crore Great Nicobar mega infrastructure project.
- The project covers 166 sq km and involves the construction of a transshipment port, an integrated township, a civil and military airport, and a 450-MVA gas and solar power-based plant.
- The development requires the diversion of 130 sq km of forest land and the felling of nearly one million trees on Great Nicobar Island.
- A High-Powered Committee (HPC) headed by former environment secretary Leena Nandan was constituted to review the project environmental clearance (EC) and compliance.
- The NGT confirmed that the project adheres to the Island Coastal Regulation Zone (ICRZ) notification, 2019, and does not fall within prohibited coastal areas.
- The tribunal mandated specific conservation measures for endemic species, including the leatherback sea turtle, Nicobar megapode, saltwater crocodiles, robber crab, and Nicobar macaque.
- The Zoological Survey of India (ZSI) reported that no coral reefs exist within the immediate project area and recommended the translocation of scattered coral reefs.
- The Ministry of Environment, Forest and Climate Change (MoEFCC) is directed to prevent shoreline erosion and protect sandy beaches used as nesting sites for turtles and birds.
National Aeronautics and Space Administration (NASA) Unveils Detailed Ocean Floor Map Using SWOT Satellite
[Surface Water and Ocean Topography (SWOT) satellite]
Key Updates:
- The National Aeronautics and Space Administration (NASA) and the Centre National d'Études Spatiales (CNES) have developed a new map of the ocean floor using data from the Surface Water and Ocean Topography (SWOT) satellite.
- Launched in December 2022, the SWOT satellite scans approximately 90 per cent of the planet every 21 days to monitor oceans, lakes, and rivers.
- The satellite employs gravity mapping to measure subtle bulges in water height caused by the gravitational pull of large underwater features like mountains and hills.
- The SWOT satellite can identify seafloor features less than half a kilometre in size, a significant improvement over previous satellites that could only detect features taller than one kilometre.
- Researchers anticipate that the mission will increase the number of known seamounts from approximately 44,000 to as many as 100,000.
- The project contributes to a broader international effort to achieve a complete map of the global seafloor by the year 2030.
- Detailed seafloor mapping is essential for improving maritime navigation, laying underwater communication cables, and studying plate tectonics and ocean ecosystems.
Similar Coverage
- A water-saturated reservoir located roughly 700 km beneath Earth’s surface has been detected in the mantle transition zone (410–660 km deep).
- The water is chemically bound within ringwoodite, a high-pressure mineral that can store hydrogen and water in its crystal structure.
- The trapped water volume is estimated to equal or exceed the combined volume of all surface oceans.
- Ringwoodite samples recovered in volcanic diamonds and xenoliths confirm the mineral’s water-bearing capacity under mantle conditions.
- 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.
- The National Institute of Ocean Technology (NIOT) conducted the successful sea trial of an indigenous Floating LiDAR Buoy System off the coast of Muttom in Tamil Nadu.
- The buoy integrates a buoyant platform with Light Detection and Ranging (LiDAR) technology to measure wind speed and direction profiles up to 300 metres above sea level.
- The system will enhance Indian Navy operational effectiveness in the Indian Ocean Region (IOR) by improving weather-ocean situational awareness and maritime-domain awareness.
- The buoy supports coordination with the Coast Guard and other agencies under the National Disaster Management Authority (NDMA) framework for Humanitarian Assistance and Disaster Relief (HADR).
- The high-resolution offshore wind data will aid cyclone tracking, storm intensity forecasts, marine safety advisories, and offshore wind resource assessment for renewable energy development.
- Engineering challenges of constant buoy motion and power management were addressed through advanced motion compensation algorithms and energy-efficient battery systems.
- Real-time data transmission from remote offshore locations is achieved via satellite links and compression techniques.
- The project aligns with Make in India and Aatmanirbhar Bharat initiatives to promote domestic innovation and self-reliance in ocean technologies.
- On 11 March 2026 scientists confirmed the Silverpit Crater, 130 km off Yorkshire, is an asteroid impact site formed 43–46 million years ago.
- Heriot-Watt University (HWU) led the study using high-resolution seismic scans and core samples that revealed shocked quartz and deformed feldspars.
- Imperial College London (ICL) simulations matched the 3.2-km-wide crater to a 160-m asteroid hitting at >15 km/s and generating a >100-m tsunami.
- The crater lies 700 m below the modern seafloor within a 20-km ring-fault system and is exceptionally preserved under marine sediments.
IOC limits Olympic women's sport to biological females from 2028
[International Olympic Committee]
Key Updates:
- The International Olympic Committee (IOC) announced that the women's category of Olympic sports will be limited to biological females from the 2028 Los Angeles Olympics.
- Eligibility will be determined by a once-in-lifetime SRY gene test to detect the sex-determining region Y gene.
- Athletes who fail the test remain eligible for male categories, open categories, or mixed events that include a designated male slot.
- The policy will also apply to almost all athletes with a Difference of Sex Development (DSD) who have gone through male puberty.
- The only exemption is for athletes with complete androgen insensitivity syndrome (CAIS) who have not experienced male puberty.
- The IOC based its decision on an 18-month review of scientific evidence, an online athlete survey with over 1,100 responses, and interviews with impacted athletes.
- World Athletics, which already enforces similar rules, welcomed the IOC move as promoting a consistent approach across all sports.
Similar Coverage
- International Olympic Committee (IOC) announced the ban on 27 March 2026.
- Eligibility for women’s category will be decided by SRY gene screening; athletes testing negative for the SRY gene can compete.
- Exceptions may apply for athletes with Complete Androgen Insensitivity Syndrome (CAIS) or certain DSD conditions.
- Policy replaces all previous IOC frameworks and applies only to Olympic-level competitions, not grassroots sport.
- Indian shooter Abhinav Bindra completed an eight-year term as vice chair of the International Olympic Committee (IOC) Athletes' Commission.
- Bindra, India's first individual Olympic gold-medallist (2008 Beijing), described the role as one of the most meaningful chapters of his sporting journey.
- Kenyan rugby player Humphrey Kayange replaces Bindra in the 19-member commission that was reshuffled during the ongoing Winter Olympics in Italy.
- The IOC Athletes' Commission evaluates Olympic candidate cities, monitors Games organisation, leads anti-doping efforts, and develops training and education projects for women.
- Soraya Aghaei became the first Iranian female member of the International Olympic Committee (IOC).
- She was elected by a decisive 95-2 vote.
- Aghaei competed in badminton for Iran at the Tokyo Olympics.
- She is now the youngest representative in the IOC's 132-year history.
- The IOC currently has 45% female members and is led by President Kirsty Coventry.
- The Union Ministry of Youth Affairs and Sports (MYAS) notified the 'National Sports Governance (National Sports Bodies) Rules, 2026' on 'January 13, 2026,' under the 'National Sports Governance Act, 2025.'
- The rules provide a framework for 'National Sports Bodies and Regional Sports Federations' regarding the inclusion of sportspersons of outstanding merit (SOMs), composition of the general body and executive committee, election procedures, and disqualification criteria.
- The rules mandate the inclusion of at least four sportspersons of outstanding merit (SOMs) in the General Bodies of National Sports Bodies, with fifty per cent of women SOMs in the General Body.
- To ensure the representation of at least four women in the Executive Committee, the rules provide that every National Sports Body may reserve specific posts for women in the Executive Committee, through its bye-laws.
- Sportspersons applying as SOMs should not be less than twenty-five years of age, must have retired from active sports, and should not have participated in competitive events for at least one year prior to the date of application.
- A 'tiered criteria' featuring '10 tiers' has been prescribed for SOMs, ranging from medalists in the 'Summer Olympic Games, Paralympic Games or Winter Olympic Games' to those who won a medal in the National Games or a National Championship.
- The rules specify that the roster of the National Sports Election Panel shall at all times contain at least twenty members who satisfy statutory qualifications.
- The fee for the electoral officer is subject to a maximum amount of Rs. 5 lakh, with additional fees permitted for a mutually agreed assistant.
- The rules require that every National Sports Body shall amend its bye-laws in conformity with the provisions of the act, within a period of six months.
- The Central Government is authorized to relax the provisions of the Rules for a period of twelve months upon receiving an application from a National Sports Body, provided reasons are recorded in writing.
Rashtriya Vigyan Puraskar 2026 nominations open from 28 March to 11 May 2026
[Rashtriya Vigyan Puraskar]
Key Updates:
- Rashtriya Vigyan Puraskar (RVP) 2026 nominations opened on 28 March 2026 and will close on 11 May 2026.
- Nominations, including self-nominations, are submitted online through the Ministry of Home Affairs Awards Portal (https://awards.gov.in).
- RVP is administered by the RVP Secretariat, Council of Scientific and Industrial Research (CSIR), under the Ministry of Science & Technology, Government of India (GOI).
- The awards cover 14 domains: Agricultural Science, Atomic Energy, Biological Sciences, Chemistry, Defence Technology, Earth Science, Engineering Sciences, Environmental Science, Mathematics & Computer Science, Medicine, Physics, Space Science and Technology, Technology & Innovation, and Others.
- Four award categories are Vigyan Ratna (VR) for lifetime achievements, Vigyan Shri (VS) for distinguished contributions, Vigyan Yuva-Shanti Swarup Bhatnagar (VY-SSB) for scientists up to 45 years, and Vigyan Team (VT) for collaborative teams of three or more researchers.
- Union Minister of State (Independent Charge) for Science & Technology, Dr. Jitendra Singh, urged institutions and individuals to nominate deserving candidates.
Similar Coverage
- Stuti Pradhan from Sikkim has been chosen to represent India at the World Youth Parliament.
- She is a state-level winner of the Viksit Bharat Youth Parliament 2025.
- She was invited as a special guest to Lok Bhawan Sikkim on Republic Day 2026.
- The World Youth Parliament includes delegates from South Korea, United Arab Emirates, Kuwait, Chad, Thailand, Yemen and several other countries.
- Sahitya Akademi announced its 2025 awards on 16 March 2026 for 24 Indian languages.
- The award ceremony will be held in New Delhi on 31 March 2026.
- Each awardee receives an engraved copper plaque, a shawl and ₹1,00,000.
- Navtej Sarna won the English award for his novel ‘Crimson Spring’ set around the Jallianwala Bagh massacre.
- Mamta Kalia won the Hindi award for her memoir ‘Jeete Jee Allahabad’.
- Nandini Sidha Reddy won the Telugu award for poetry collection ‘Animesha’.
- The Ministry of Ayush has invited applications for the Prime Minister’s Awards for Yoga-2026 to recognise exemplary contributions to the development and promotion of Yoga at national and international levels.
- Each award comprises a trophy, a certificate, and a cash prize of ₹25 lakh.
- The awards are conferred in two primary categories: Individuals (National and International) and Institutions (National and International).
- Applications for the awards must be submitted through the National Awards Portal (www.awards.gov.in).
- The final date for the submission of applications is 21 March 2026.
- The felicitation ceremony for the award winners will coincide with the International Yoga Conference.
- The Election Commission of India (ECI) will host the inaugural India International Conference on Democracy and Election Management (IICDEM) 2026 from January 21 to 23, 2026, at Bharat Mandapam in New Delhi.
- The theme for the conference is ‘Democracy for an inclusive, peaceful, resilient, and sustainable world’.
- The 3-day international conference is being organised by the India International Institute of Democracy and Election Management (IIIDEM) under the aegis of the ECI.
- Almost three dozen member states of the International Institute for Democracy and Electoral Assistance (International IDEA) will participate, including the United States (US), Mauritius, Brazil, and South Africa.
- The event will feature 42 Election Management Bodies (EMBs) from across the world and more than 90 international delegates.
- The summit will include 36 thematic groups covering 11 modern international electoral standards and 25 best practices, including the use of Artificial Intelligence (AI) in elections.
- Chief Election Commissioner Gyanesh Kumar, along with Election Commissioners Dr Sukhbir Singh Sandhu and Dr Vivek Joshi, will hold over 40 bilateral meetings with international delegates.