Government of India — Ministry of Personnel, Public Grievances and Pensions
AK-203 'Sher' Assault Rifle: Indo-Russian Rifles Private Limited (IRRPL) has successfully test-fired the 100% indigenised AK-203 'Sher' at the Korwa Ordnance Facility in Uttar Pradesh. This milestone marks the shift from initial 70% indigenization to full domestic production, intended to replace the ageing INSAS rifles in the Indian Army.
Bharatiya Antariksh Station (BAS): The government has approved the first module for the BAS, targeting completion by 2035. This project will function as a modular low Earth orbit outpost, building on technology derived from the Gaganyaan mission.
AssamSAT Project: Under the DBLOTT framework of India's Space Policy 2023, the Assam government is finalizing a private partner for its Earth observation satellite, aimed at enhancing flood monitoring, crop tracking, and disaster management.
Energy Cooperation: IndianOil Corporation Limited (IOCL) has signed a five-year agreement with the State Trading Corporation of Mauritius for the supply of essential petroleum products, supporting India's SAGAR strategic framework.
DIGI Seva Framework: MeitY and the Ministry of Panchayati Raj have launched the 'DIGI Seva' framework, connecting Village Level Entrepreneurs (VLEs) at Common Service Centres (CSCs) with BharatNet infrastructure to provide over 350 G2C and B2C services.
Uniform Civil Code Legislation: The Rajya Sabha passed the Constitution (129th Amendment) Bill, 2026, establishing a framework for the Uniform Civil Code in Union Territories. The bill now awaits Presidential assent.
India-Japan Maritime Security: A new maritime security agreement has been established between India and Japan to bolster search and rescue operations, information sharing, and joint maritime patrols in the Indo-Pacific.
Infosys Leadership Transition: Infosys has appointed Ashiss Dash as the next CEO, effective 1 April 2027, succeeding Salil Parekh.
Zepto IPO: Grocery delivery platform Zepto has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise ₹10,000 crore at a valuation of approximately ₹85,000 crore.
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