The Financial Stability and Development Council (FSDC) held its 30th meeting in New Delhi. The meeting took stock of domestic and global macro-financial developments and assessed emerging risks to India's financial system.
Oil India Limited (OIL) has struck natural gas in the shallow-water part of the Krishna-Godavari (KG) Basin. Its Godavari-1 well registered a peak flow of 200,000 Standard Cubic Metres per Day (SCMD).
India is now the third-largest supplier of defence goods to Europe, helped by demand arising from the "Rearm Europe" initiative. The country's defence exports touched a record ₹38,424 crore. India's supplies include ammunition, artillery shells, small arms and tactical gear.
India's first Snow Leopard Population Assessment in India (SPAI) has put the number of snow leopards in the Indian Himalayas at 718. Ladakh accounts for 477 of them. The snow leopard (Panthera uncia) is listed as Vulnerable (VU) on the IUCN Red List.
The Central Government has opened the Integrated Atmospheric Chemistry and Aerosol Toxicity Analysis Laboratory (AATAL) for Delhi-NCR to sharpen air pollution forecasts and identify pollution sources. It is described as the world's first facility devoted to analysing air pollution in the Delhi-NCR region. The lab studies PM2.5, metals, toxic elements, atmospheric gases and aerosols.
India and Sri Lanka have launched the SAMHiTA (South Asian Manuscript Histories and Textual Archive) Project at Gangaramaya Temple in Colombo to safeguard their common Buddhist heritage. The project will digitise ancient manuscripts and conserve the historical, religious and cultural knowledge they hold. Gangaramaya Temple is the first Sri Lankan institution to join as a partner.
The National Urban Conclave 2026 ended in Bhubaneswar, Odisha, with suggestions to improve urban governance, planning and service delivery in line with Viksit Bharat 2047. These included empowering Urban Local Bodies (ULBs), sounder municipal finances, integrated planning and outcome-based services.
From January 2027, the Union government will revise the Periodic Labour Force Survey (PLFS) so that it better records gig work on digital platforms, unpaid caregiving and household chores, volunteering and trainee work. The National Sample Survey Office (NSSO) under MoSPI will redesign the survey and its schedule.
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