Must ReadWest Asia war LIVE: U.S. strikes Iran for 10th consecutive night as Tehran strikes tanker in the Strait of Hormuz
Escalating tensions in West Asia have seen a direct military confrontation between the United States and Iran over the control of the [Strait of Hormuz]. The situation has intensified with a reported tenth consecutive night of U.S.
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Must ReadPLI schemes attract ₹2.4 lakh crore investments, create over 14 lakh jobs till March 2026
The Minister of State for Commerce and Industry informed the Lok Sabha that the [Production Linked Incentive (PLI) Scheme], covering 14 sectors, has generated actual investments of ₹2.40 lakh crore and over 14.15 lakh jobs (direct and indirect) as of March 2026. The scheme has also facilitated exports worth ₹15.2 lakh crore, with high-efficiency solar PV modules attracting the highest investment.
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Must ReadIndus Waters Treaty: Government focus on Chenab projects, renegotiation
The Indian government has stated that the [Indus Waters Treaty] (IWT) with Pakistan, currently 'in abeyance' following a terror attack, must be renegotiated before it can be reactivated. India is prioritizing the accelerated construction of multiple run-of-the-river hydropower projects on the Chenab River, signaling a shift towards fully utilizing its rights under the treaty while linking water sharing to the cessation of cross-border terrorism.
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Must ReadPPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?
The Government of India has introduced the [Producer Price Index] (PPI) for goods and services, initiating a transition away from the [Wholesale Price Index] (WPI). The two indices will run concurrently for five years before the WPI is entirely discontinued.
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Must ReadNSA Ajit Doval meets Saudi Foreign Minister, discusses energy security and regional situation
National Security Advisor Ajit Doval visited Saudi Arabia to discuss strengthening bilateral strategic partnerships, focusing specifically on energy security and the protection of crucial maritime corridors. The visit is set against a backdrop of escalating tensions in West Asia, notably a declared 'maritime embargo' by [Houthi rebels] in Yemen against Saudi vessels in the [Bab al-Mandab Strait] and broader disruptions in the [Strait of Hormuz] due to US-Iran friction.
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Must ReadOil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMF
The [International Monetary Fund] (IMF) has identified high oil prices and the possibility of a weak monsoon due to **El Niño** as primary downside risks to India’s GDP growth in FY27. Consequently, the IMF has marginally reduced its growth forecast for FY27 to 6.4%, while slightly increasing its FY28 forecast.
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Must ReadWhat EPFO 3.0 proposes: Pension cover for all, social security for gig workers
The [Employees' Provident Fund Organisation (EPFO)] is transitioning to 'EPFO 3.0', a major technological and policy upgrade powered by a [Core Banking Solution (CBS)] platform. This reform aims to expand pension and social security coverage to over 60 crore workers, specifically targeting the unorganised sector, gig workers, and platform workers.
Must ReadSC to consider Sena (UBT) plea against Speaker’s approval of MPs’ ‘unilateral merger’
The [Supreme Court] has agreed to urgently hear a plea by the Shiv Sena (UBT) challenging the Lok Sabha Speaker's approval of a 'merger' by six of its MPs with the rival Shinde faction. The core issue revolves around whether a group of legislators can claim a 'merger' under the [Tenth Schedule] without the original political party first deciding to merge.
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Must ReadHow the US-Iran conflict has thrown India’s Chabahar plans into doubt
Recent US military strikes targeting Iranian infrastructure, including a maritime control tower at the [Chabahar Port], have escalated regional tensions and placed India's strategic investments in jeopardy. While the Indian-operated Shahid Beheshti terminal avoided damage, the expiration of the US sanctions waiver on the port severely restricts India's direct operational control, threatening its crucial trade route to Afghanistan and Central Asia.
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Must ReadIndia’s Index of Core Industries gets an updated series: What has changed? | Explained
The Union Government has updated the base year and methodology for calculating the [Index of Core Industries] (ICI), a key macroeconomic indicator. The base year has been revised from 2011-12 to 2022-23 to better reflect current industrial realities and align with other major metrics like [Gross Domestic Product] (GDP) and the [Index of Industrial Production] (IIP).
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