Skyroot Aerospace, a leading Indian private space-tech startup, recently raised $60 million in a funding round, pushing its pre-money valuation to $1.1 billion. With this, Skyroot has officially entered the “Unicorn club” (privately held startups valued at over $1 billion). Key Highlights of the Development Background: Skyroot Aerospace & Indian Space Privatization Significance of this […]

On May 7, 2026, the Comptroller and Auditor General (CAG) of India, K. Sanjay Murthy, addressed the 5th BRICS Supreme Audit Institutions (SAI) Leaders’ Summit. In his address, he stated that the CAG is currently conducting a first-of-its-kind audit of 101 Indian cities to move beyond mere fiscal compliance and evaluate the actual ‘Ease of

The Secretary of the Department of Financial Services (DFS), M. Nagaraju, recently highlighted the evolving threat landscape for Indian banks, specifically focusing on systemic risks posed by advanced AI models and the geopolitical fallout of the West Asia crisis. Key Points Key Pillars for Resilient Banking Pillar Action Required Cultural Integration Moving risk management from

The India-EU FTA, recently concluded in January 2026, represents a landmark shift in bilateral economic relations. Described by EU Ambassador Hervé Delphin as the “mother of all deals,” the agreement aims to integrate two of the world’s largest economies into a singular, high-capacity market. Key Highlights & Scale Significance of the Agreement Challenges & “Unfinished

The Ministry of Education has issued comprehensive new guidelines mandating the formation of School Management Committees (SMCs) to decentralize school governance. These guidelines align with the National Education Policy (NEP) 2020 and supersede all previous instructions under the Right to Education (RTE) Act and the Samagra Shiksha Abhiyan. Key Provisions of the New Guidelines A.

India and Algeria held their inaugural Joint Commission meeting on defense in New Delhi recently. This marks a strategic shift in bilateral relations, moving beyond traditional trade and energy toward a formal and structured defense partnership. 2. Key Highlights of the Meeting The discussions were co-chaired by India’s Joint Secretary (International Cooperation) and Algeria’s Chief