Smart Banking: Unified Switch and SDK for 'Banking Connect' NPCI Bharat BillPay Limited (NBBL) has partnered with fintech major Juspay Technologies to launch a unified switch and Software Development Kit (SDK) for its Banking Connect platform. This initiative aims to standardize and modernize the net banking experience across India.
Financial Inclusion: IPPB’s Dedicated Banking for SHGs India Post Payments Bank (IPPB) has launched a specialized Self Help Group (SHG) Savings Account to empower women-led micro-enterprises and promote financial inclusion in rural India. The account is aligned with the National Rural Livelihoods Mission (NRLM) and supported by NABARD.
Intellectual Property Scrutiny: India Remains on U.S. Priority Watch List The United States Trade Representative (USTR) has released its 38th annual 2026 Special 301 Report, which evaluates the adequacy and effectiveness of intellectual property (IP) protection by U.S. trading partners. India has been retained on the Priority Watch List alongside China, Russia, Chile, Indonesia, and Venezuela.
Maharashtra Day and Gujarat Foundation Day are both observed on May 1, marking the creation of the two States in 1960 when Bombay State was divided on a linguistic basis under the Bombay Reorganisation Act, 1960. Maharashtra was formed for Marathi speakers after a movement led by the Samyukta Maharashtra Samiti, a demand that grew stronger after 1947.
Gujarat Police has developed NARIT AI (Narcotics Analysis and Retrieval Augmented Generation-based Investigation Tool), India's first artificial intelligence tool for narcotics investigation. Built on Retrieval Augmented Generation (RAG) technology and drawing on laws such as the NDPS Act, 1985, it analyses the First Information Report and produces detailed investigation reports.
India has submitted its updated Nationally Determined Contributions (NDCs) for 2031-35 to the UNFCCC under the Paris Agreement. By 2035, India aims to source 60% of its power capacity from non-fossil fuels and cut the emissions intensity of GDP by 47% from 2005 levels.
DRDO has launched the Vikram VT 21 project to develop advanced armoured vehicles, with both wheeled and tracked platforms for the Indian Army's Futuristic Infantry Combat Vehicle (FICV). The vehicle offers armour protection against bullets, blasts and shrapnel along with high mobility across terrains.
India has invoked the World Trade Organization's peace clause for the seventh time, reporting rice subsidies of $7.6 billion. The clause was agreed at the WTO Ministerial Conference in Bali in 2013 as an interim arrangement.
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