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The Department for Promotion of Industry and Internal Trade has formally defined a deep tech startup as one building solutions on new scientific or engineering knowledge, spending most of its funds on R&D, creating signi...
The Union Home and Cooperation Minister launched Bharat Taxi, the country's first cooperative-owned ride-hailing service. Registered under the Multi-State Cooperative Societies Act, 2002, and set up on 6 June 2025, it gi...
Overview: The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its first meeting of 2026 by maintaining the Repo Rate at 6.5%. The decision reflects a balanced approach to managing inflation while suppor...
The 16th Finance Commission recommended grants of ₹9.47 lakh crore over five years, only for local bodies and disaster management, ending revenue deficit, sector-specific and State-specific grants. Local bodies get ₹7,91...
The Union Budget 2026-27 has a total outlay of ₹53.5 lakh crore and sets the fiscal deficit at 4.3% of GDP, down from 4.4% in 2025-26, with the revenue deficit at 1.5%. The debt-to-GDP ratio is projected to ease to 55.6%...
The 16th Finance Commission, chaired by Arvind Panagariya, kept the States' share of the divisible pool at 41% for 2026-27 to 2030-31. The Commission is a constitutional body under Article 280. Its main innovation is a n...
On 1 February 2026, Nirmala Sitharaman presented her ninth straight Union Budget, the first ever delivered on a Sunday, and also tabled the 16th Finance Commission report on tax devolution for 2026-2031. India's first fu...
The Union government has declared coking coal a critical and strategic mineral under the Mines and Minerals (Development and Regulation) Act, 1957, adding it to Part D of the First Schedule so that its exploration and mi...
Overview Presented on February 1, 2026, the Union Budget for the fiscal year 2026-27 focused on a seven-sector manufacturing scale-up and the creation of 'Champion SMEs' to drive India toward its 2047 vision. The budget...
NLC India Limited (NLCIL) commissioned its full 300-megawatt Barsingar Solar Power Project in Rajasthan.
Overview In January 2026, India significantly accelerated its efforts in Artificial Intelligence (AI) and semiconductor development, marking a critical step toward technological self-reliance. The government intensified...
The Ministry of Power published a draft National Electricity Policy 2026 for public comments. It would replace the 2005 policy and sets a plan for the power sector up to 2047. Targets include per-capita use of 2,000 kWh...
