Moist Heatwave: Research showed that timings and locations of the moist heatwaves are controlled by the active and break periods of the southwest monsoon (SWM) season and can be predicted weeks in advance. Moist heatwaves are triggered by a combined impact of high temperatures and elevated humidity levels in the atmosphere. The best way to […]
State Innovation Mission
State Innovation Mission: The Atal Innovation Mission (AIM) under NITI Aayog launched the country’s first State Innovation Mission (SIM) in Tripura. It is part of the approved Atal Innovation Mission (AIM 2.0) programme, under the aegis of NITI Aayog’s State Support Mission (SSM). It is designed as a long-term institutional mechanism to support States and […]
International Climate Initiative
International Climate Initiative: India and Germany launched a new Large Grant project for India, which has a funding volume of up to EUR 20 million under the International Climate Initiative. It is an important part of the German government’s international climate finance commitment. It was established in 2008. It operates within the framework of the […]
e- Railway Claims Tribunal system
e- Railway Claims Tribunal system: The Union Minister for Railways launched the e- Railway Claims Tribunal system as reform number four under Indian Railways’ flagship “52 Reforms in 52 Weeks” initiative. It will enable end-to-end computerisation and digitisation of the Railway Claims Tribunal. It will transform the filing, processing and adjudication of claims by making […]
Agreements on Reciprocal Trade
Agreements on Reciprocal Trade: The US administration has aggressively pursued “Agreements on Reciprocal Trade” (ARTs) with developing nations such as Bangladesh, Malaysia, Cambodia, and El Salvador, alongside an interim framework with India.Negotiated under the threat of sweeping punitive tariffs, these ARTs mark a fundamental departure from the rules-based multilateralism of the World Trade Organization (WTO).For […]
CBDC Pilot for Food Subsidy Distribution
CBDC Pilot for Food Subsidy Distribution: India has launched a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot under Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry, marks a significant reform in the delivery of food subsidy through the Public Distribution System (PDS) by integrating the Digital Rupee (e₹) into the Direct Benefit […]
Reserve Bank of India’s Switch Auction
Reserve Bank of India’s Switch Auction: The Reserve Bank of India (RBI) has announced a Rs 25,000 crore switch auction of Government Securities (G-Secs) to manage debt maturity and reduce redemption pressure in FY27, after earlier conducting two such operations totaling Rs 84,804 crore.Redemption pressure is defined as the financial burden on the government when […]
India-Sweden SITAC Partnership
India-Sweden SITAC Partnership: The IndiaAI Mission and Business Sweden signed a Statement of Intent (SoI) on the sidelines of the India AI Impact Summit 2026 to strengthen bilateral cooperation in Artificial Intelligence (AI) and digital technologies.The partnership will establish the Sweden–India Technology and Artificial Intelligence Corridor (SITAC). This will serve as the flagship platform for […]
India-Israel Bilateral Relations
India-Israel Bilateral Relations: Prime Minister of India conducted a historic state visit to Israel, where both nations elevated their ties to a Special Strategic Partnership for Peace, Innovation, and Prosperity.India and Israel share a multi-dimensional relationship characterized by deep security cooperation, a knowledge-hub partnership in technology, and a shared vision for regional stability. The relationship […]
New GDP Series (Base Year FY23)
New GDP Series (Base Year FY23): The Ministry of Statistics and Programme Implementation (MoSPI) has officially overhauled India’s national accounts, shifting the GDP base year from 2011-12 to 2022-23 and introducing significant methodological shifts to improve accuracy.The GDP base year is a standard reference point used by economists to calculate Real GDP.By using prices from […]
