Category: Latest NEWS

Key Highlights: Deepinder Goyal initiates LAT Aerospace to create India’s first domestic designed and manufactured gas turbine jet engine. STOL aircraft and drone focus to enhance regional air connectivity. Engineer-first culture: rapid development, no red tape, 100% made in India.   Key Background: India has been attempting to produce indigenous…

Key Points : ₹10,732 crore investment to redevelop Lucknow as India’s first AI city. AI Innovation Centre, 10,000 GPUs, and indigenous AI models in the making. Training of 10 lakh people in AI, ML, data analytics, and cybersecurity.   Key Background : Uttar Pradesh has taken a bold step in…

Key Highlights : Google’s ₹52,000 crore investment in building a 1 GW hyperscale data centre in Andhra Pradesh. Direct and indirect employment of 20,000+ jobs. Green energy focus with ₹16,500 crore (USD 2 billion) for renewable power.   Key Background : The Andhra Pradesh state, particularly Visakhapatnam, is soon becoming…

Key Highlights : Prime Minister Modi unveiled a ₹1,000 coin commemorating 1,000 years of Rajendra Chola I’s naval expedition and the founding of Gangaikonda Cholapuram. The event, held at the ancient Brihadisvara Temple, featured spiritual rituals and cultural performances including music by Ilaiyaraaja. Statues of Rajaraja and Rajendra Chola will…

Key Highlights : India native Shailesh Jejurikar will become CEO of P&G on January 1, 2026. Existing CEO Jon Moeller will be named Executive Chairman. Jejurikar has over 35 years of international leadership experience with P&G.   Key Background : Shailesh Jejurikar’s naming as new CEO of Procter & Gamble…

Key Highlights : TCS to reduce about 12,000 employees (2% of its workforce) in FY26, primarily affecting mid and senior grade personnel. The move is strategic reorganisation, necessitated by skill mismatches and changing client needs, and not AI-facilitated automation.   Key Background : Tata Consultancy Services, one of the top…

Key Highlights : PayPal launches “PayPal World,” a new global cross-border payments platform that includes India’s UPI. Launch partners are NPCI (India), Tenpay Global (China), Mercado Pago (Brazil), and Venmo (USA). The platform will unite almost 2 billion users and make wallet-to-wallet transactions around the world easier.   Key Background…

Key Points : Maruti Suzuki Fronx was the fastest Indian SUV to reach 1 lakh exports in 25 months. It was the fastest exported passenger vehicle from India above 69,000 units for FY 2024-25. Maruti Suzuki was the largest passenger vehicle exporting company in India for four consecutive years.  …

Key Highlights : Bengaluru shopkeepers are rejecting UPI and digital payments in anticipation of retrospective GST liabilities. More than 14,000 small retailers were sent tax notices following UPI reports of turnovers higher than GST registration thresholds. Merchants are organizing a three-day protest calling for clarity and GST notice withdrawal.  …