India’s Defence Production Reaches Record ₹1.78 Lakh Crore in FY26.
- India’s defence production reached a record ₹1.78 lakh crore in FY 2025–26.
- Recorded 15.6% growth over ₹1.54 lakh crore in FY 2024–25.
- Defence production increased by 110% since FY 2020–21.
- Public sector contribution: 76% of total production.
- Private sector contribution: 24% (around ₹42,000 crore), highest ever.
- Defence exports: Reached a record ₹38,424 crore.
- Achievement coordinated by the Department of Defence Production, Ministry of Defence.
India’s Electronics Exports Rise to US$5.10 Billion in May 2026.
- India’s electronic goods exports reached US$5.10 billion in May 2026, showing 11.62% year-on-year growth.
- Electronics exports increased from US$4.57 billion in May 2025 to US$5.10 billion in May 2026.
- Total merchandise exports stood at US$45.20 billion in May 2026.
- Goods and services exports reached US$81.96 billion with 15.83% growth.
- Trade deficit was recorded at US$10.51 billion.
- Major growth sectors included Petroleum Products, Engineering Goods, and Electronics Goods.
Smart Warehousing System for Foodgrain Storage Launched in New Delhi.
- A Smart Warehousing System for foodgrain storage was launched in New Delhi to modernize storage infrastructure.
- Launched by Union Minister Pralhad Joshi.
- Uses Artificial Intelligence (AI), Internet of Things (IoT), automation, and data analytics.
- Aims to improve warehouse management and food security efficiency.
- Aligned with India AI Mission, Digital India, PM Gati Shakti, and Atmanirbhar Bharat.
- Supports modernization of public foodgrain storage systems.
Bengaluru Secures 15th Rank in Global Startup Ecosystem Report 2026.
- Bengaluru ranked 15th globally and 2nd in Asia as an AI-native startup cluster in the Global Startup Ecosystem Report (GSER) 2026.
- Bengaluru’s startup ecosystem value stands at $153 billion.
- Received $39 billion in VC funding during 2021–2025.
- The city has 30 active unicorns.
- Major focus areas include AI, DeepTech, Aerospace, Defence Tech, and Quantum Computing.
- GSER 2026 was released at the VivaTech event in Paris.
India Commits USD 10 Million Support for African Union’s Ebola Response.
- India pledged USD 10 million to the African Union for Ebola outbreak preparedness and recovery efforts.
- Announced by Union Health Minister J.P. Nadda during the Virtual Summit of African Heads of State and Government.
- India provided 45 tonnes of medical supplies including diagnostic materials, laboratory supplies, and medicines.
- Support will strengthen health systems through the Africa CDC.
- Response focuses on Ebola outbreaks in the Democratic Republic of the Congo and Uganda.
- African Union: A 55-member intergovernmental organization headquartered in Addis Ababa, Ethiopia.
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