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Sigma Advanced Systems signs Rs.3,800 crore deal with Rolls-Royce for Aerospace ComponentsIn April 2026, Sigma Advanced Systems Limited (SIGD), an aerospace and defence company in India, has signed a 7-year long-term agreement worth Rs.3,800 crore (~ 300 million pounds) with Rolls-Royce (United Kingdom, UK) to manufacture and supply high-precision, safety-critical components for It’s global aerospace programmes.About Sigma–Rolls-Royce Agreement:Scope: The agreement covers manufacturing of high-precision, safety-critical aerospace components, assemblies, and engine and aerostructure parts for Rolls-Royce programmes.Network: The deal operates through an integrated India–UK manufacturing platform combining cost efficiency with engineering proximity.Strategy: It positions Sigma as a global aerospace systems partner in the Original Equipment Manufacturer (OEM) ecosystem with stable long-term revenue visibility.Outcome: The agreement enhances financial predictability, drives higher-value manufacturing, and supports global expansion.
Sigma Advanced Systems signs Rs.3,800 crore deal with Rolls-Royce for Aerospace ComponentsIn April 2026, Sigma Advanced Systems Limited (SIGD), an aerospace and defence company in India, has signed a 7-year long-term agreement worth Rs.3,800 crore (~ 300 million pounds) with Rolls-Royce (United Kingdom, UK) to manufacture and supply high-precision, safety-critical components for It’s global aerospace programmes.About Sigma–Rolls-Royce Agreement:Scope: The agreement covers manufacturing of high-precision, safety-critical aerospace components, assemblies, and engine and aerostructure parts for Rolls-Royce programmes.Network: The deal operates through an integrated India–UK manufacturing platform combining cost efficiency with engineering proximity.Strategy: It positions Sigma as a global aerospace systems partner in the Original Equipment Manufacturer (OEM) ecosystem with stable long-term revenue visibility.Outcome: The agreement enhances financial predictability, drives higher-value manufacturing, and supports global expansion.
Sigma Advanced Systems signs Rs.3,800 crore deal with Rolls-Royce for Aerospace ComponentsIn April 2026, Sigma Advanced Systems Limited (SIGD), an aerospace and defence company in India, has signed a 7-year long-term agreement worth Rs.3,800 crore (~...
ONGC Approves JV with MRPL and OPaL to Integrate Petrochemicals Marketing OperationsIn April 2026, Oil and Natural Gas Corporation Limited (ONGC), under the Ministry of Petroleum and Natural Gas (MoPNG), approved the formation of a Joint Venture (JV) with its subsidiaries Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Petro additions Limited (OPaL) for integrated petrochemicals marketing and trading.The proposal is subject to approval from the Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance (MoF).About ONGC Petrochemical JV:Structure: The shareholding comprises ONGC (50%, Rs.25 crore), MRPL (25%, Rs.12.5 crore), and OPaL (25%, to be confirmed), creating a unified group-level platform.Operational Integration: The joint venture integrates petrochemical marketing operations of ONGC group companies to enhance efficiency, optimise supply chains, and reduce costs through economies of scale.Market & Margin Growth:It improves margins through better pricing, grade optimisation, and revenue realisation, while focusing on specialty petrochemical grades and expanding third-party sales.Support: The JV supports import substitution, strengthens domestic capacity, aligns with Atmanirbhar Bharat, positions ONGC as an integrated energy major.
ONGC Approves JV with MRPL and OPaL to Integrate Petrochemicals Marketing OperationsIn April 2026, Oil and Natural Gas Corporation Limited (ONGC), under the Ministry of Petroleum and Natural Gas (MoPNG), approved the formation of a Joint Venture (JV) with its subsidiaries Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Petro additions Limited (OPaL) for integrated petrochemicals marketing and trading.The proposal is subject to approval from the Department of Investment and Public Asset Management (DIPAM) under the Ministry of Finance (MoF).About ONGC Petrochemical JV:Structure: The shareholding comprises ONGC (50%, Rs.25 crore), MRPL (25%, Rs.12.5 crore), and OPaL (25%, to be confirmed), creating a unified group-level platform.Operational Integration: The joint venture integrates petrochemical marketing operations of ONGC group companies to enhance efficiency, optimise supply chains, and reduce costs through economies of scale.Market & Margin Growth:It improves margins through better pricing, grade optimisation, and revenue realisation, while focusing on specialty petrochemical grades and expanding third-party sales.Support: The JV supports import substitution, strengthens domestic capacity, aligns with Atmanirbhar Bharat, positions ONGC as an integrated energy major.
ONGC Approves JV with MRPL and OPaL to Integrate Petrochemicals Marketing OperationsIn April 2026, Oil and Natural Gas Corporation Limited (ONGC), under the Ministry of Petroleum and Natural Gas (MoPNG), approved the formation of a Joint Venture (JV)...
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MobiKwik Receives RBI Approval for NBFC Licence In April 2026, the Reserve Bank of India (RBI) approved the Non-Banking Financial Company (NBFC) application of One MobiKwik Systems Limited, allowing it to set up its subsidiary MobiKwik Financial Services Private Limited as a lending arm, subject to receiving the Certificate of Registration (CoR).This move enables MobiKwik to expand into direct lending and become a full-stack financial services platform in India.About MobiKwik NBFC Expansion:Purpose: The NBFC arm enables regulated lending with secured and unsecured products, faster rollout, and stronger underwriting and risk control.Strategy: The company focuses on consumers and Micro, Small and Medium Enterprises (MSMEs) in Tier 2 and Tier 3 cities to expand formal credit access and financial inclusion.Products: Offerings include personal loans, merchant loans, Buy Now Pay Later (BNPL) credit, and MSME working capital loans.NBFC Criteria: An NBFC licence requires incorporation as a Public or Private Limited Company under the Companies Act, 2013, maintaining a minimum Net Owned Fund (NOF) of Rs.10 crore (as of October 2022, to be met by March 31, 2027), and registration with the Reserve Bank of India (RBI).
MobiKwik Receives RBI Approval for NBFC Licence In April 2026, the Reserve Bank of India (RBI) approved the Non-Banking Financial Company (NBFC) application of One MobiKwik Systems Limited, allowing it to set up its subsidiary MobiKwik Financial Services Private Limited as a lending arm, subject to receiving the Certificate of Registration (CoR).This move enables MobiKwik to expand into direct lending and become a full-stack financial services platform in India.About MobiKwik NBFC Expansion:Purpose: The NBFC arm enables regulated lending with secured and unsecured products, faster rollout, and stronger underwriting and risk control.Strategy: The company focuses on consumers and Micro, Small and Medium Enterprises (MSMEs) in Tier 2 and Tier 3 cities to expand formal credit access and financial inclusion.Products: Offerings include personal loans, merchant loans, Buy Now Pay Later (BNPL) credit, and MSME working capital loans.NBFC Criteria: An NBFC licence requires incorporation as a Public or Private Limited Company under the Companies Act, 2013, maintaining a minimum Net Owned Fund (NOF) of Rs.10 crore (as of October 2022, to be met by March 31, 2027), and registration with the Reserve Bank of India (RBI).
MobiKwik Receives RBI Approval for NBFC Licence In April 2026, the Reserve Bank of India (RBI) approved the Non-Banking Financial Company (NBFC) application of One MobiKwik Systems Limited, allowing it to set up its subsidiary MobiKwik Financial Serv...
India–Kenya Sign Customs Cooperation MoU at 10th JTC Meeting in NairobiIn April 2026, India and Kenya strengthened their economic ties by signing a customs cooperation Memorandum of Understanding (MoU) during the 10th India-Kenya Joint Trade Committee (JTC) meeting held in Nairobi(Kenya), after a gap of seven years at the Commerce Secretary level.The meeting was co-chaired by Rajesh Agrawal, Secretary, Ministry of Commerce & Industry(MoC&I), and Regina Akoth Ombam, Principal Secretary for Trade of Kenya.Highlights of MoUSignatories: The agreement on exchange of pre-arrival information for goods was signed between Yogendra Garg, Member, Central Board of Indirect Taxes(CBIC) and Lilian Nyawanda, Commissioner General, Kenya Revenue Authority(KRA).Objective: The MoU aims to enhance customs cooperation, enable faster clearance, improve risk management, and facilitate smoother bilateral trade.Key Sectors: Both countries have longstanding trade ties in pharmaceuticals, agriculture, digital infrastructure, fintech, energy, renewable energy, and manufacturing.
India–Kenya Sign Customs Cooperation MoU at 10th JTC Meeting in NairobiIn April 2026, India and Kenya strengthened their economic ties by signing a customs cooperation Memorandum of Understanding (MoU) during the 10th India-Kenya Joint Trade Committee (JTC) meeting held in Nairobi(Kenya), after a gap of seven years at the Commerce Secretary level.The meeting was co-chaired by Rajesh Agrawal, Secretary, Ministry of Commerce & Industry(MoC&I), and Regina Akoth Ombam, Principal Secretary for Trade of Kenya.Highlights of MoUSignatories: The agreement on exchange of pre-arrival information for goods was signed between Yogendra Garg, Member, Central Board of Indirect Taxes(CBIC) and Lilian Nyawanda, Commissioner General, Kenya Revenue Authority(KRA).Objective: The MoU aims to enhance customs cooperation, enable faster clearance, improve risk management, and facilitate smoother bilateral trade.Key Sectors: Both countries have longstanding trade ties in pharmaceuticals, agriculture, digital infrastructure, fintech, energy, renewable energy, and manufacturing.
India–Kenya Sign Customs Cooperation MoU at 10th JTC Meeting in NairobiIn April 2026, India and Kenya strengthened their economic ties by signing a customs cooperation Memorandum of Understanding (MoU) during the 10th India-Kenya Joint Trade Committe...
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UNESCO Adds 12 New Global Geoparks, Expanding Network to 241 SitesIn April 2026, the United Nations Educational, Scientific and Cultural Organization(UNESCO) designated 12 new Global Geoparks, bringing the total to 241 sites across 51 countries, covering over 882,000 square kilometres(Sq km).The newly added sites span across China, France, Greece, Ireland, Japan, Malaysia, Portugal, Russia, Tunisia(first-ever), and Uruguay.About UNESCO Global Geoparks:Establishment: Created as an official UNESCO label in 2015, these sites use a “bottom-up” approach involving local stakeholders.Purpose: The designation aims to protect geological heritage while promoting environmental education, sustainable development, and local community empowerment.Duration: The status is granted for four years. To maintain the title, sites undergo a revalidation process.New Geoparks Added (2026): Changshan (China), Mt. Siguniang (China), Terres d’Hérault (France), Nisyros (Greece), Joyce Country and Western Lakes (Ireland), Mine-Akiyoshidai Karst Plateau (Japan), Lenggong (Malaysia), Sarawak Delta (Malaysia), Algarvensis (Portugal), Toratau (Russia), Dahar (Tunisia), and Manantiales Serranos (Uruguay).
UNESCO Adds 12 New Global Geoparks, Expanding Network to 241 SitesIn April 2026, the United Nations Educational, Scientific and Cultural Organization(UNESCO) designated 12 new Global Geoparks, bringing the total to 241 sites across 51 countries, covering over 882,000 square kilometres(Sq km).The newly added sites span across China, France, Greece, Ireland, Japan, Malaysia, Portugal, Russia, Tunisia(first-ever), and Uruguay.About UNESCO Global Geoparks:Establishment: Created as an official UNESCO label in 2015, these sites use a “bottom-up” approach involving local stakeholders.Purpose: The designation aims to protect geological heritage while promoting environmental education, sustainable development, and local community empowerment.Duration: The status is granted for four years. To maintain the title, sites undergo a revalidation process.New Geoparks Added (2026): Changshan (China), Mt. Siguniang (China), Terres d’Hérault (France), Nisyros (Greece), Joyce Country and Western Lakes (Ireland), Mine-Akiyoshidai Karst Plateau (Japan), Lenggong (Malaysia), Sarawak Delta (Malaysia), Algarvensis (Portugal), Toratau (Russia), Dahar (Tunisia), and Manantiales Serranos (Uruguay).
UNESCO Adds 12 New Global Geoparks, Expanding Network to 241 SitesIn April 2026, the United Nations Educational, Scientific and Cultural Organization(UNESCO) designated 12 new Global Geoparks, bringing the total to 241 sites across 51 countries, cove...
Right to Safe Road Travel Part of Article 21 of Constitution: SC In April 2026, the Supreme Court of India(SCI) officially declared ‘Right to Safe Road Travel’ is an integral part of the Right to Life under Article 21 of the Constitution.The judgment was delivered in the matter of In Re: Phalodi Accident, where the Court examined issues related to road safety and accountability on highways and expressways.Key Directives & Mandates:Legal Significance: The judgment expands Article 21 of the Constitution of India by recognising commuter safety as a fundamental right and emphasises the State’s duty to ensure safe infrastructure and prevent avoidable loss of life.Restrictions : The Court banned unauthorised dhabas and eateries on the Right of Way (ROW) of National Highways(NH) and mandated that no new licences or No Objection Certificates(NOC) be issued without approval from the National Highways Authority of India(NHAI).Highway Safety Measures: The Court barred heavy vehicle parking on highways outside designated areas and mandated patrols, surveillance, and emergency response systems for improved road safety.
Right to Safe Road Travel Part of Article 21 of Constitution: SC In April 2026, the Supreme Court of India(SCI) officially declared ‘Right to Safe Road Travel’ is an integral part of the Right to Life under Article 21 of the Constitution.The judgment was delivered in the matter of In Re: Phalodi Accident, where the Court examined issues related to road safety and accountability on highways and expressways.Key Directives & Mandates:Legal Significance: The judgment expands Article 21 of the Constitution of India by recognising commuter safety as a fundamental right and emphasises the State’s duty to ensure safe infrastructure and prevent avoidable loss of life.Restrictions : The Court banned unauthorised dhabas and eateries on the Right of Way (ROW) of National Highways(NH) and mandated that no new licences or No Objection Certificates(NOC) be issued without approval from the National Highways Authority of India(NHAI).Highway Safety Measures: The Court barred heavy vehicle parking on highways outside designated areas and mandated patrols, surveillance, and emergency response systems for improved road safety.
Right to Safe Road Travel Part of Article 21 of Constitution: SC In April 2026, the Supreme Court of India(SCI) officially declared ‘Right to Safe Road Travel’ is an integral part of the Right to Life under Article 21 of the Constitution.The judgment...
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Jordan joins India-led Global Initiatives “ISA, CDRI and GBA” In April 2026, the Hashemite Kingdom of Jordan formally joined the International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Global Biofuels Alliance (GBA), strengthening strategic cooperation with India in clean energy, climate resilience, and sustainable fuels.The membership documents were formally handed over by Yousef Abdelghani, Jordan’s Ambassador to India, to Dr. Neena Malhotra, Secretary (South), Ministry of External Affairs (MEA) in New Delhi, Delhi.Significance of Jordan’s Entry:Goal: Jordan joined ISA to achieve 50% electricity generation from renewables by 2030, gaining access to global best practices, storage technologies, and low-interest financing.Support: Jordan’s participation in CDRI, supports resilience in water and transport sectors and includes involvement in initiatives like Infrastructure for Resilient Island States (IRIS) and Global Infrastructure Resilience Survey (GIRS).Strategy: Jordan’s entry into the GBA focuses on utilising agricultural and municipal solid waste for biofuel production to reduce dependence on imported fossil fuels.
Jordan joins India-led Global Initiatives “ISA, CDRI and GBA” In April 2026, the Hashemite Kingdom of Jordan formally joined the International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Global Biofuels Alliance (GBA), strengthening strategic cooperation with India in clean energy, climate resilience, and sustainable fuels.The membership documents were formally handed over by Yousef Abdelghani, Jordan’s Ambassador to India, to Dr. Neena Malhotra, Secretary (South), Ministry of External Affairs (MEA) in New Delhi, Delhi.Significance of Jordan’s Entry:Goal: Jordan joined ISA to achieve 50% electricity generation from renewables by 2030, gaining access to global best practices, storage technologies, and low-interest financing.Support: Jordan’s participation in CDRI, supports resilience in water and transport sectors and includes involvement in initiatives like Infrastructure for Resilient Island States (IRIS) and Global Infrastructure Resilience Survey (GIRS).Strategy: Jordan’s entry into the GBA focuses on utilising agricultural and municipal solid waste for biofuel production to reduce dependence on imported fossil fuels.
Jordan joins India-led Global Initiatives “ISA, CDRI and GBA” In April 2026, the Hashemite Kingdom of Jordan formally joined the International Solar Alliance (ISA), Coalition for Disaster Resilient Infrastructure (CDRI), and Global Biofuels Alliance ...
Union Minister Manohar Lal Khattar Releases NITI Aayog’s Report on ‘Moving Towards Effective City Government’In April 2026, the Union Minister Manohar Lal Khattar, Ministry of Housing and Urban Affairs (MoHUA), released the report titled ‘Moving Towards Effective City Government – A framework for Million-plus Cities’ by National Institution for Transforming India (NITI Aayog) at the India Habitat Centre, New Delhi, Delhi.The report highlights the pivotal role of urbanisation in achieving India’s long-term development goals, including the vision of Viksit Bharat by 2047 and a USD 30 trillion economy.Key Highlights of the Report:Methodology: The report is based on extensive deliberations, rigorous analysis, and a review of global best practices carried out in consultation with experts.Identification: The report identifies persistent governance issues, including weak and fragmented leadership structures, constrained fiscal capacity, and capacity gaps that limit service delivery and urban performance.Focus: The report stresses the need to strengthen institutional structures alongside sectoral reforms, while positioning million-plus cities as key engines of national economic growth.
Union Minister Manohar Lal Khattar Releases NITI Aayog’s Report on ‘Moving Towards Effective City Government’In April 2026, the Union Minister Manohar Lal Khattar, Ministry of Housing and Urban Affairs (MoHUA), released the report titled ‘Moving Towards Effective City Government – A framework for Million-plus Cities’ by National Institution for Transforming India (NITI Aayog) at the India Habitat Centre, New Delhi, Delhi.The report highlights the pivotal role of urbanisation in achieving India’s long-term development goals, including the vision of Viksit Bharat by 2047 and a USD 30 trillion economy.Key Highlights of the Report:Methodology: The report is based on extensive deliberations, rigorous analysis, and a review of global best practices carried out in consultation with experts.Identification: The report identifies persistent governance issues, including weak and fragmented leadership structures, constrained fiscal capacity, and capacity gaps that limit service delivery and urban performance.Focus: The report stresses the need to strengthen institutional structures alongside sectoral reforms, while positioning million-plus cities as key engines of national economic growth.
Union Minister Manohar Lal Khattar Releases NITI Aayog’s Report on ‘Moving Towards Effective City Government’In April 2026, the Union Minister Manohar Lal Khattar, Ministry of Housing and Urban Affairs (MoHUA), released the report titled ‘Moving Towa...
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India–New Zealand Signed FTA in New Delhi; 100% Duty-Free Access & USD 20 Billion Investment In April 2026, Union Minister Piyush Goyal, Ministry of Commerce and Industry (MoC&I) and Todd McClay, New Zealand’s Minister for Trade and Investment, signed the India–New Zealand Free Trade Agreement (IN-NZ FTA) at Bharat Mandapam, New Delhi, Delhi.The agreement aims to strengthen trade, services, investment, mobility, and overall economic cooperation in line with the vision of Viksit Bharat 2047.About India–New Zealand FTA:Access: India gains 100% duty-free access on all 8,284 tariff lines to New Zealand while India liberalises 70.03% of tariff lines covering 95% of bilateral trade value with key exclusions.Services: New Zealand opens 118 sectors with Most Favoured Nation (MFN) commitments across 139 sub-sectors including Information Technology (IT), education, finance, and tourism.Investment: New Zealand commits USD 20 billion over 15 years in infrastructure, renewable energy, manufacturing, and startups.
India–New Zealand Signed FTA in New Delhi; 100% Duty-Free Access & USD 20 Billion Investment In April 2026, Union Minister Piyush Goyal, Ministry of Commerce and Industry (MoC&I) and Todd McClay, New Zealand’s Minister for Trade and Investment, signed the India–New Zealand Free Trade Agreement (IN-NZ FTA) at Bharat Mandapam, New Delhi, Delhi.The agreement aims to strengthen trade, services, investment, mobility, and overall economic cooperation in line with the vision of Viksit Bharat 2047.About India–New Zealand FTA:Access: India gains 100% duty-free access on all 8,284 tariff lines to New Zealand while India liberalises 70.03% of tariff lines covering 95% of bilateral trade value with key exclusions.Services: New Zealand opens 118 sectors with Most Favoured Nation (MFN) commitments across 139 sub-sectors including Information Technology (IT), education, finance, and tourism.Investment: New Zealand commits USD 20 billion over 15 years in infrastructure, renewable energy, manufacturing, and startups.
India–New Zealand Signed FTA in New Delhi; 100% Duty-Free Access & USD 20 Billion Investment In April 2026, Union Minister Piyush Goyal, Ministry of Commerce and Industry (MoC&I) and Todd McClay, New Zealand’s Minister for Trade and Investment, signe...
International Delegate’s Day 2026 – April 25 The United Nations (UN)’s International Delegate’s Day is annually observed across the world on 25th April, to raise awareness of the role of the representatives and delegates of the Member States to the UN.
International Delegate’s Day 2026 – April 25 The United Nations (UN)’s International Delegate’s Day is annually observed across the world on 25th April, to raise awareness of the role of the representatives and delegates of the Member States to the UN.
International Delegate’s Day 2026 – April 25 The United Nations (UN)’s International Delegate’s Day is annually observed across the world on 25th April, to raise awareness of the role of the representatives and delegates of the Member States to the U...
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