October 17, 2026 -

SCL Das Appointed Chairman of Financial Services Institutions Bureau (FSIB)

October 17, 2026

On 16th October 2026, the Union government has recreated the Financial Services Institutions Bureau (FSIB), with SCL Das, who is an IAS officer (retired), functioning as the bureau’s chairman. The FSIB is important as it will be involved in giving recommendations about the names of appropriate persons for occupying key posts in public sector banks, …

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What Is the JWALA Missile? IG Defence Develops Counter-Drone Interceptor

October 17, 2026

The private defence sector in India is currently designing technology in a bid to address the increasing menace of UAVs. The one of such technology is JWALA-MK1, which is a micro-missile technology that has been designed by the Indian defence technology firm, IG Defence. Sources suggest that the technology has successfully gone through several solid …

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ISRO Successfully Completes Crew Module–Service Module Separation Tests for Gaganyaan

October 17, 2026

ISRO successfully carried out a series of CM-SM separation tests of its upcoming Gaganyaan human spaceflight program on October 16, 2026. The tests were conducted at the Vikram Sarabhai Space Center (VSSC) in Thiruvananthapuram, Kerala, in order to test the separation mechanism and its tolerance to the mechanical shocks related to it. The tests increase …

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World Health Summit 2026: Key Initiatives, Funding Commitments and Global Health Threats

October 17, 2026

The World Health Summit 2026 was held in Berlin, Germany, with the new funding pledges, research insights, and innovations tackling some of the world’s health concerns. This summit was held under the theme of “From Crisis to Resilience: Innovating for Health,” the summit attracted policymakers, researchers, international organizations, private sector players, and civil society. Notable …

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Sudhakar Dalela Appointed as India’s Next Ambassador to Nepal

October 17, 2026

On October 16th 2026, the Ministry of External Affairs (MEA) has appointed Sudhakar Dalela as the next Indian Ambassador to Nepal. An IFS officer of the 1993 batch, Dalela has previously been the Ambassador of India to Bhutan and has also occupied important posts in the MEA, including the post of Secretary (Economic Relations). This …

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Assam Regiment Wins Gold Medal at Exercise Cambrian Patrol 2026

October 17, 2026

India’s Assam Regiment has bagged a gold medal in Exercise Cambrian Patrol 2026, an international military patrol exercise conducted in Wales, UK. This medal was awarded to the team for their stamina, leadership skills, tactics, and cooperation while conducting the exercise. The exercise is organized by the British Army and evaluates the small military units …

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RBI Approves Merger of Emirates NBD’s Indian Branches with RBL Bank

October 17, 2026

The RBI has given its approval for the merger of the Indian subsidiaries of Emirates NBD Bank P.J.S.C. with RBL Bank Limited and the merger is expected to be completed from December 1, 2026. This approval comes after Emirates NBD had acquired a 60% equity stake in RBL Bank through a ₹26,000 crore capital infusion …

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Fairfax Financial to Acquire IDBI Bank: N S Kannan Proposed as Chairman

October 17, 2026

Fairfax Financial Holdings, whose founder is Canadian billionaire Prem Watsa, is set to purchase a majority stake in IDBI Bank with the deal expected to be finalized in the first quarter of 2027. The purchase has been valued at ₹52,878 crore. Fairfax has recommended N S Kannan as chairman of IDBI Bank subject to the …

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India’s Passport Ranks 84th in Henley Passport Index October 2026

October 17, 2026

According to the October 2026 edition of the Henley Passport Index that came out on October 9, India is ranked at number 84, along with Algeria and Mauritania. Despite the improvement from number 85 as was the case with the index published in October 2025, the number of countries where Indians can go without getting …

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REC Limited Receives RBI NOC for Proposed Merger with PFC

October 17, 2026

The No-Objection Certificate (NOC) for the proposed merger of the REC Limited with the Power Finance Corporation Limited (PFC) has been issued by the Reserve Bank of India (RBI). This decision came on October 16, 2026, and it is one of the regulatory steps taken during the proposed process of merger between the two public …

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Daily Archives: October 17, 2026

SCL Das Appointed Chairman of Financial Services Institutions Bureau (FSIB)

What Is the JWALA Missile? IG Defence Develops Counter-Drone Interceptor

ISRO Successfully Completes Crew Module–Service Module Separation Tests for Gaganyaan

World Health Summit 2026: Key Initiatives, Funding Commitments and Global Health Threats

Sudhakar Dalela Appointed as India’s Next Ambassador to Nepal

Assam Regiment Wins Gold Medal at Exercise Cambrian Patrol 2026

RBI Approves Merger of Emirates NBD’s Indian Branches with RBL Bank

Fairfax Financial to Acquire IDBI Bank: N S Kannan Proposed as Chairman

India’s Passport Ranks 84th in Henley Passport Index October 2026

REC Limited Receives RBI NOC for Proposed Merger with PFC

Union Budget 2026-27

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