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Economy

Union Cabinet Sanctions Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to Counter West Asia Trade Shocks

Macroeconomic Buffer: Government Floats ₹2.55 Lakh Crore Liquidity Net for MSMEs and Airlines To immunize the domestic business ecosystem from global supply chain fissures and currency shocks arising from the persistent West Asia geopolitical conflict, the Union Cabinet has sanctioned the launch of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0.

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Economy

Directorate of Enforcement Marks 70 Years of Operations: Analyzing the Evolution of India's Top Economic Watchdog

Seven Decades of Financial Investigation: Profiling India's Apex Anti-Money Laundering Entity The Directorate of Enforcement (ED) officially completed 70 years of its historic operational journey on May 1, 2026. Evolving from a modest legal enforcement unit into the nation's premier multi-disciplinary economic intelligence and penal wing, the agency is tasked with securing India's financial integrity, tracking high-value cross-border hawala channels…

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Science & Tech

IMD Rolls Out India's First AI-Based Block-Level Monsoon Prediction Models to Assist Rainfed Farming

The Met-Tech Revolution: Decoupling Weather Services via Intelligent Neural Modeling To mitigate the risks of climate change and safeguard smallholder cropping networks, the India Meteorological Department (IMD) has officially launched two pioneering advanced Artificial Intelligence (AI)-based weather forecast systems.

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Environment

International Day of Argania 2026: Celebrating Morocco’s 'Liquid Gold' and Sustainable Biodiversity

Safeguarding the Green Curtain of the Desert: The Legacy of the Argan Tree Observed globally on May 10, the International Day of Argania is a specialized United Nations observance dedicated to highlighting the profound ecological, economic, and cultural significance of the Argan tree (Argania spinosa).

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Science & Tech

National Technology Day 2026: Celebrating India’s Frontier Innovations Under 'Responsible Innovation for Inclusive Growth' Theme

Commemorating Operation Shakti: Honoring Strategic Autonomy and Technological Might India celebrated National Technology Day 2026 on May 11, marking a glorious milestone in the nation's journey toward scientific self-reliance.

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Economy

MoSPI Finalizes Uniform GSVA Compilation Guidelines with New 2022–23 Base Year for Indian States

Standardizing Regional Accounts: MoSPI Revamps Sub-National Economic Indicators In a major macroeconomic reform structured to refine India's fiscal federalism data, the Ministry of Statistics and Programme Implementation (MoSPI) has finalized the Uniform Guidelines for the compilation of Gross State Value Added (GSVA) estimates. Spearheaded by the National Statistical Office (NSO) and informed by the Prof. Ravindra H.

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International

US Central Command Launches 'Project Freedom' in Strait of Hormuz to Secure Maritime Trade Rules

Geopolitical Flashpoint: US deploys 15,000 Service Members in Crucial Energy Corridor Escalating naval tensions in the Middle East have peaked as the United States officially activated “Project Freedom” within the strategically vital Strait of Hormuz.

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Economy

Union Cabinet Approves ₹5,659 Crore 'Mission for Cotton Productivity' to Revolutionize Textile Supply Chains

Transforming White Gold: India's Strategic Push to Enhance Agri-Yields In a major macroeconomic intervention targeting the agrarian sector, the Union Cabinet has officially sanctioned the “Mission for Cotton Productivity” with an impressive budgetary allocation of ₹5,659 crore.

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