The Cabinet Committee on Economic Affairs increased the Fair and Remunerative Price for sugarcane to Rs 365 per quintal for the upcoming season starting October 2026. This marks a 2.81% increase from the previous season to support sugarcane farmers.
Source ↗The Department of Financial Services has introduced a three-year performance monitoring framework (FY26-FY28) for 28 Regional Rural Banks. The plan focuses on 30 parameters, including asset quality, digital adoption, and operational excellence to strengthen rural credit expansion.
Source ↗The market regulator has formed a specialized task force to evaluate cybersecurity risks arising from advanced Artificial Intelligence tools. The group will develop uniform mitigation strategies and reporting protocols for market infrastructure institutions and regulated entities.
Source ↗S&P Global and CRISIL revised India's growth projection down from 7.1% to 6.6% for the 2026-27 financial year due to West Asia conflicts and supply chain disruptions. The report also forecasts a rise in retail inflation to 5.1% and a widening Current Account Deficit.
Source ↗The Union Cabinet approved a mission with a budget of Rs 5659.22 crore for 2026-27 to 2030-31 to enhance cotton production. This initiative aligns with the government's 5F vision (Farm to Fibre to Factory to Fashion to Foreign) and involves both Agriculture and Textile ministries.
Source ↗India and Japan signed a Memorandum of Cooperation for biomedical research and a Letter of Intent for Quantum Science and Technology. These agreements aim to strengthen bilateral ties in emerging technologies, diagnostics, and quantum applications like cryptography and computing.
Source ↗This new portal integrates various fragmented health programs into a single digital platform compliant with the Ayushman Bharat Digital Mission. It aims to improve health service delivery through real-time data visualization and secure, consent-based data exchange.
Source ↗The private space startup achieved a valuation of USD 1.1 billion after a funding round led by Sherpalo Ventures and GIC. The capital will be used to accelerate the development of the Vikram-1 launch vehicle.
Source ↗The Ministry of Earth Sciences established this advanced facility to improve urban flood prediction, monsoon forecasting, and climate resilience. The observatory monitors nearly 50 atmospheric parameters using approximately 15 advanced instruments.
Source ↗Located at Deendayal Port in Gujarat, this plant uses biomass gasification to turn the invasive Prosopis juliflora shrub into green marine fuel. The project aims to provide sustainable fuel options for ocean-going ships with an initial production capacity of five tonnes per day.
Source ↗