In April 2026, the Government of India approved a Rs.30 billion currency swap facility for the Maldives under the SAARC Currency Swap Framework, reaffirming India's role as a key financial partner for its island neighbour.
Source ↗In a massive jolt to the Aam Aadmi Party on Friday, seven of its Rajya Sabha MPs, including Raghav Chadha, Sandeep Pathak and Ashok Mittal, quit the party to join BJP, marking a significant political shift.
Source ↗In April 2026, the Reserve Bank of India withdrew some of the restrictions imposed on forex dealers taking positions in the offshore non-deliverable forwards market (NDF) to curb rupee volatility, easing forex regulations for banks.
Source ↗In April 2026, General Upendra Dwivedi, Chief of Army Staff of Indian Army, was inducted into the International Hall of Fame of the US Army War College at Carlisle Barracks, Pennsylvania, USA, becoming the third Indian Army chief to receive this honour.
Source ↗In April 2026, the Appointments Committee of the Cabinet approved a three-year extension for Rajneesh Karnatak of Bank of India and Debadatta Chand of Bank of Baroda as Managing Directors and CEOs, and Ashutosh Choudhary as Executive Director of Indian Bank.
Source ↗In April 2026, Jio Financial Services Limited signed a binding agreement to form a 50:50 Joint Venture with Germany's Allianz Europe B.V. for primary insurance including general insurance and health insurance business in India.
Source ↗In April 2026, BharatGen Technology Foundation signed a five-year MoU with L&T Semiconductor Technologies Limited and L&T-Vyoma to jointly develop an end-to-end Sovereign Artificial Intelligence compute platform for India.
Source ↗The Government of India announced a ₹5,000 crore capital investment assistance scheme for states for FY 2026-27 to support infrastructure and development projects across the country.
Source ↗A diplomatic controversy broke out after US President Donald Trump shared a post describing India and China as 'hell-holes'. Iranian officials responded by inviting Trump to 'come and see India', making India part of a high-profile diplomatic exchange.
Source ↗In April 2026, DataKaveri Systems, the commercial arm of IISc Bengaluru's Centre of Data for Public Good, signed an MoU with ONESTRUCTION Inc., a Japanese construction technology firm, to integrate construction data into AI-ready urban data exchange across Indian and Japanese cities.
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