Government clears 29 investment proposals worth Rs 7,104 cr under ECMS.

About ECMS

• Launched:  by Ministry of Electronics and Information Technology in 2025 with an outlay of ₹ 40,000 crore for a six-year period (FY26–FY32).
• Objective: To develop a robust component manufacturing ecosystem by attracting investments (global / domestic) across the value chain by integrating its domestic electronic industry with the Global Value Chains (GVCs).
• Types of Incentive: Provides turnover-linked, capex-linked, and hybrid incentives for sub-assemblies, bare components, and supply chain ecosystem development.
• Target Segments: Focuses on high-value components, e.g. PCBs, camera/display modules, Li-ion cells. 

National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released Energy Statistics India 2026.

Key highlights of Energy Statistics India 2026

• Total Primary Energy Supply (TPES) grew by 2.95% in FY 2024-25 to reach ≈ 9.3 lakh kilo tonnes of oil equivalent (KToE).
• Renewable energy: generation stands at ~ 47 lakh Megawatt as on 31-Mar-2025.
  • Top 3 States: Rajasthan (23.70%), Maharashtra and Gujarat.
  • Largest components: Solar energy (~ 71%) followed by wind and large hydro projects.
• Coal remains the dominant source.

Ultraluminous x-ray Source (ULX)

Scientists from the Raman Research Institute (RRI) have analysed rare, repeating bursts of energy from a distant ULX.

About ULX

• ULXs are systems in which a compact object (such as a black hole or neutron star) pulls in matter from a companion star. 
  • This process, known as accretion, releases enormous amounts of energy. 
• In some cases, these sources exceed the Eddington limit, the theoretical maximum brightness an object can achieve, by more than 100 times.

A study proposes a new framework called Radiative Forcing-based Accounting (RFA) framework that offers an alternative approach to equivalence metrics in carbon offset crediting.

• Climate policy currently uses "carbon dioxide equivalent" (CO2e) to compare different greenhouse gases. It relies on a metric called Global Warming Potential over 100 years (GWP100).

About Radiative Forcing Framework:

• Radiative Forcing: It is the net difference between solar energy absorbed by the Earth and energy radiated back to space.
  • Unlike traditional methods that use a fixed 100-year multiplier, RFA calculates the climate impact of greenhouse gases based on their actual time-resolved radiative forcing relative to a chosen policy horizon.

• Key benefit includes higher accuracy for Methane as RFA yields 36% to 40% more credits than legacy methods.

Government launched the 11^th exploration licensing round offering 21 blocks under the OALP.

About OALP

• Introduced: in 2016 as part of the Hydrocarbon Exploration and Licensing Policy (HELP).
• Objective: allows investors looking to explore hydrocarbons to select blocks after studying the data available through NDR (National Data Repository) without waiting for a formal bid round from the Government.
• Salient Features of OALP–XI under HELP: Revenue Sharing Model; Reduced Royalty Rates; No Oil Cess; Single Licence for all hydrocarbon (Conventional and Unconventional); Marketing and Pricing freedom, etc.

Status of the Fertiliser Sector in India 

• It is one of the biggest importers of Fertiliser. 
  • India is reliant on imports for about 13-20%  of its urea and 60% of DAP (Diammonium Phosphate) needs.
• The Gulf region remains a key source for fertilizer imports, accounting for 20–30% of Urea and 30% of DAP imports, and also supplies nearly 50% of India’s LNG imports (which is a key feedstock for urea production).
  • Sourcing is import being diversified across multiple countries including Russia, Morocco, Australia, Indonesia, Malaysia, Jordan, Canada, Algeria, Egypt, Finland and Togo.
• India is the second-largest consumer and third-largest producer of Fertilizers globally.
• Domestic production: Nearly 73 % of the country’s total fertiliser requirement was met through domestic production (2025). 
  • Total domestic production of fertilizers, including Urea, DAP, Nitrogen, Phosphorus, and Potassium (NPKs) and Single Super Phosphate(SSP), has increased to 524.62 lakh tonnes in 2025. 

IRDAI (Insurance Regulatory and Development Authority of India) has introduced Ind AS (Indian Accounting Standards) based Financial Reporting Framework for the Insurance Sector.

• It aims to align the Indian insurance sector with globally accepted standards.
• It applies to all categories including life, general, standalone health insurers, and reinsurers.

About Ind AS Framework

• Overview: They are a set of financial reporting standards implemented in India to harmonize local accounting practices with the International Financial Reporting Standards (IFRS).
• Primary Goal: To enhance the global accessibility, transparency, and reliability of financial statements produced by Indian companies.
• Implemented by: Ministry of Corporate Affairs (MCA).

Council of Scientific and Industrial Research (CSIR) has transferred an indigenous bio-bitumen technology for large-scale industry adoption.

• Technology is jointly developed by the CSIR-Central Road Research Institute (CSIR-CRRI) and the CSIR-Indian Institute of Petroleum (CSIR-IIP).
• The technology has been specifically developed for adoption by the Ministry of Road Transport and Highways (MoRTH) for use in road construction across India.

About Bio-Bitumen

• Process: It utilizes agricultural biomass and crop residues as feedstock to produce a renewable, environmentally friendly alternative to traditional petroleum-based bitumen.
  • Bitumen is a highly viscous, black, sticky, and waterproof hydrocarbon material obtained from crude oil refining (or natural deposits).
• Significance
  • Cost reduction and import substitution
  • Reduction in carbon emissions
  • Rural/agricultural waste utilisation

The Ministry of Environment, Forest and Climate Change (MoEFCC) has officially designated Bhavasagara Referral Centre as a National Repository for Deep-Sea Fauna.

• Recognition is conferred under the provisions of the Biological Diversity Act, 2002. 

About Bhavasagara

• It is located at the Center for Marine Living Resources & Ecology (CMLRE) in Kochi, Kerala.
• CMLRE works under the Ministry of Earth Sciences.
• Objective: It will serve as a critical national facility for preserving, studying, and documenting India's deep-sea biological heritage. 
• Significance: It strengthens India's "blue economy" and marine biodiversity framework.
• Key Responsibilities:
  • Secure Custody: Preserving biological samples and DNA sequences for future scientific reference.
  • Holding Type Specimens: Acting as the official custodian for any newly discovered deep-sea species in Indian waters.
  • Capacity Building: Fostering expertise in deep-sea taxonomy to align with the UN Decade of Ocean Science (2021–2030).
• Status of Deep Sea Fauna: As of 2021, India is home to 4,371 species of deep-sea fauna, including 1,032 species under the kingdom Protista and 3,339 species under the kingdom Animalia (Zoological Survey of India).