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First wooden satellite developed by Japan aims to reduce space debris and prevent it from re-entering Earth |

First wooden satellite developed by Japan aims to reduce space debris and prevent it from re-entering Earth (Credit: Kyoto University) Wood has entered low Earth orbit in a form rarely seen before. In December 2024, five CubeSats were released from the International Space Station, including LignoSat, a small satellite built largely from magnolia timber. The…

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France Visa: France announces visa-free transit for Indians and aims to welcome 30,000 students from India by 2030 |

France is stepping up its academic engagement with India, with President Emmanuel Macron announcing a sweeping push to make it easier for Indian students to study in the country. Speaking in New Delhi during his official visit from February 17 to 19, 2026, Macron said France will simplify visa and sourcing procedures while expanding English-taught…

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RBI proposes revamp of Lead Bank Scheme; aims to boost district credit flow, inclusion

The Reserve Bank of India (RBI) on Friday proposed revised guidelines for the Lead Bank Scheme (LBS) to streamline operational processes and enhance the effectiveness of the programme introduced in 1969 to coordinate development activities at the district level, PTI reported.The Lead Bank Scheme is aimed at coordinating the activities of banks, governments and other…

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Aadhaar cleanup drive: UIDAI deactivates over 2.5 crore IDs of deceased persons; move aims to curb fraud and misuse

The Unique Identification Authority of India (UIDAI) has deactivated more than 2.5 crore Aadhaar numbers belonging to deceased individuals as part of a nationwide database clean-up exercise aimed at preventing identity misuse and fraud, the government informed Parliament.The move is part of efforts to maintain the accuracy and integrity of the Aadhaar ecosystem, which remains…

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Govt plans to table Insolvency and Bankruptcy Code Amendment Bill in Budget session phase two; aims faster resolution timelines

The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…

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Union Budget 2026: On asset sales route, govt aims to raise Rs 80k cr from divestment

Government aims at raising Rs 80,000 crore from divestment and asset monetisation in 2026-27, a sharp increase from the revised estimate of nearly Rs 34,000 crore.While govt has moved away from mentioning a specific target for asset sales in state-run firms, the realisations from divestment are mentioned under what is called the miscellaneous capital receipts.Economic…

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‘Make in India’ boost: Customs duty on some electronics increased to 20%; govt aims to boost locally manufactured goods

The Centre on Wednesday revised customs duties on display-related products to support domestic electronics manufacturing and fix the existing duty structure. The Union finance ministry raised the Basic Customs Duty (BCD) on flat panel displays to 20%, while reducing the duty on open cells and key components to 5%. The changes are aimed towards strengthening…

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Ahead of Budget 2026: Centre completes key direct tax changes; aims to boost investment certainty and ease compliance

The Centre has completed the implementation of several major direct tax reforms announced in recent Union Budgets, with an aim to boost investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the ministry of finance shared details of the legislative changes through a post on X.A…

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Markets regulation: Sebi proposes ‘Significant Indices’ framework; aims to tighten governance of index providers

The Securities and Exchange Board of India on Monday floated a proposal to introduce a regulatory framework for ‘Significant Indices’, a move aimed at strengthening governance standards and improving transparency among index providers in the securities market, PTI reported.In a consultation paper, Sebi defined ‘Significant Indices’ as those administered by an index provider and used…

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