Current Affairs

BPCL introduces sports scholarship initiative to support young Indian athletes

Bharat Petroleum Corporation Limited (BPCL) has announced the launch of the BPCL Sports Scholarship Initiative. This initiative aims to support and nurture emerging sports talent across India by providing financial assistance to promising young athletes, allowing them to focus on their training and competitive aspirations at both national and international levels.

The BPCL Sports Scholarship Initiative is open to Indian athletes aged 13 to 25, spanning multiple sports disciplines, including Athletics, Badminton, Cricket, Hockey, Chess, Tennis, and more. The selected athletes will receive a monthly stipend, a sports kit, and financial coverage for tournament expenses, ensuring they can train and compete without financial constraints. The scholarships will be awarded in three categories based on age groups: Budding Athlete Engagement for ages 13-17, Junior Athlete Engagement for ages 17-21, and Elite Athlete Engagement for ages 21-25.



Indian equestrian Niharika Singhania clinches gold at Azelhof CSI Lier in Belgium

In a remarkable display of skill and dedication, young Indian equestrian player Niharika Singhania has clinched first position in the prestigious Azelhof CSI Lier equestrian competition held in Belgium. Competing against international participants, Niharika demonstrated exceptional talent and composure to bring home gold. Niharika participated in the Two Phases special event, riding on Hotese Charboniere. She finished the event with 40.72 and 40.34 penalty points



Andhra Pradesh CM Chandrababu Naidu launches ‘P4’ initiative to eradicate poverty by 2029

Andhra Pradesh Chief Minister Nara Chandrababu Naidu launched the ‘Zero Poverty - P4’ initiative under Swarnadra 2047 vision with an aim to ensure poverty-free Andhra Pradesh by 2029, on Sunday, marking the Telugu New Year, Ugadi. The ambitious programme seeks to bridge the socio-economic divide by encouraging the wealthiest 10% of the population to support the bottom 20% of the poorest families, fostering inclusive growth.

The ‘P4’ initiative stands for Public-Private-People Partnership, wherein affluent individuals willing to contribute are designated as ‘Margadarsies’ (mentors), while the underprivileged beneficiaries are identified as ‘Bangaru Kutumbams’ (golden families). The government will act as a facilitator, ensuring real-time tracking of progress through digital dashboards.

Speaking at the launch, Mr. Naidu expressed confidence that this initiative would be a game-changer in eradicating poverty and serve as a model for the world. “Until now, charitable efforts have been individual, and the government has introduced Corporate Social Responsibility (CSR). But this initiative is unique as it provides an institutionalised platform for direct interaction between Margadarsies and Bangaru Kutumbams,” he said.



EPFO empanels 15 more banks expanding direct payments of collection

Employees’ Provident Fund Organisation (EPFO) today expanded its Multi-Banking Centralised Collection System by empanelling 15 more banks, bringing the total to 32. Addressing the occasion in New Delhi, Union Minister for Labour and Employment Dr. Mansukh Mandaviya said that the country’s progress towards a Naya Bharat is being significantly supported by institutions like EPFO, which plays a crucial role in shaping the nation’s future. He mentioned that with nearly 8 crore active members and more than 78 lakh pensioners, EPFO provides benefits that ensure social security for millions. Dr. Mandaviya also pointed out that EPFO is actively working on evolving towards EPFO 3.0 to make it as accessible and efficient as banks. The newly empanelled 15 banks will enable direct payment of nearly 12,000 crore rupees in annual collections and allow direct access to employers who maintain their accounts with these banks. This initiative will streamline employer payments, enhance efficiency, and reduce transaction delays, benefiting crores of members.



Maharashtra Govt partners with Microsoft to stablish 3 AI centres of excellence

The Maharashtra government has signed a Memorandum of Understanding (MoU) with the Microsoft Corporation for a strategic partnership to establish three cutting-edge Artificial Intelligence (AI) centres of excellence in Mumbai, Pune, and Nagpur to accelerate the adoption of AI technologies within the state’s administration. The Mumbai Centre for Geospatial Analytics will be hosted in the chief secretary’s office and will provide advanced geospatial analytics capabilities. It will support critical decision-making in governance through satellite imagery analysis, spatial data management, and geographic information system-based applications. The Centre for Excellence in Pune will see an integration of AI capabilities with existing forensic science infrastructure to enhance criminal investigation processes, forensic data analysis and evidence management.

The Nagpur-based Maharashtra Advanced Research and Vigilance for Enforcement of Reformed Laws Limited (MARVEL), the third centre of excellence, will help strengthen AI-driven solutions for government functions, focusing on enforcement, monitoring, vigilance, and innovative governance reforms. The capacity building will be ensured through the collaboration between MARVEL and IIM-Nagpur.

The MoU engages Microsoft Corporation for comprehensive training programs and certification to the government employees through its globally recognised MS Learn platforms.



DITE&C launched Goa Open Innovation Challenge 2025: An Opportunity to Pilot Innovative Solutions

The Startup & IT Promotion Cell, Department of Information Technology, Electronics & Communications (DITE&C), Government of Goa launched the Goa Open Innovation Challenge 2025 (GOIC) under the leadership of the Hon'ble Minister for Tourism, Information Technology, Electronics and Communications, Printing and Stationery Shri. Rohan A. Khaunte in the presence of Hon'ble MLA and Chairman of InfoTech Corporation of Goa Ltd, Dr. Chandrakant Shetye, Director of DITE&C Shri. Kabir Shirgaonkar, Joint Director of DITE&C Shri. Milind Sakhardande, OSD to Minister of ITE&C Shri. Neville Noronha and CEO of Startup and IT Promotion Cell, Government of Goa Shri. D S Prashant.

This launch brought together startups, students, government bodies and industry to develop technology-driven solutions for key challenges in sectors such as Tourism, Waste Management, Agriculture, NABARD, Public Service Commission and Industry.



Star Air India becomes the first Indian airline to use the Aviator Revenue Management system

Star Air is a progressive full-service regional carrier which is 'connecting real India' from their main base at Kempegowda International Airport in Bengaluru, Karnataka.

Star Air currently operates a modern fleet of 9 Embraer aircraft, and are one of only three domestic airlines in India offering both business and economy cabins. Star Air plans to operate a fleet of 25 aircraft by 2027 and enhance connectivity across Tier 2 and Tier 3 cities in India. With new aircraft soon to commence operations, Star Air will target underserved markets and set new standards in air travel.

With such progressive growth plans, Star Air needed an established revenue management partner to help them maximise passenger revenue day in and day out. Star Air choose Maxamation and the Aviator Revenue Management system as the best fit for their needs.



New Bill to boost aircraft leasing industry, says Union Minister

The Rajya Sabha passed the Protection of Interests in Aircraft Objects Bill, 2025, on Tuesday, which seeks to implement international conventions on the leasing of aviation equipment.

Civil Aviation Minister Kinjarapu Rammohan Naidu said the new Bill will provide a boost to the aircraft leasing industry.

“We are leasing so many planes every year. Ireland has a big leasing industry, and Dubai and Singapore have taken a lead in this industry. In our Indian skies, 840 planes are operating, and 86.4% of those planes are in the leasing model today. Airlines are preferring to go into the leasing model, and they go to other countries and lease. So, our Prime Minister (Narendra Modi) thought we should have a leasing industry here…there was no legislation so far,” he said.



Moody’s projects India’s 6.5% growth, leading G-20 Nations

Moody’s Ratings said India’s growth at 6.5 per cent will remain the highest amongst the advanced and emerging G-20 countries, supported by tax measures and continued monetary easing. The report released today said that the country will continue to attract capital and withstand any cross-border outflow. In its report on emerging markets, Moody’s said emerging economies are exposed to choppy waters from the churn of US policies. It said economic activity in the fastest-growing economies will slow slightly from high levels but remain strong this year and next.



New Study Warns 4°C Global Temperature Rise Could Slash World GDP By 40% By 2100

A study by Australian researchers has revealed that a 4-degree Celsius rise in global temperatures could lead to a dramatic 40% reduction in world GDP by the year 2100, a sharp increase from previous estimates of around 11%. The findings, published Tuesday in the journal ‘Environmental Research’, have significant implications for global climate policy and underscore the urgent need for faster action on climate change.

The research, conducted by the University of New South Wales (UNSW) Institute for Climate Risk and Response (ICRR), identifies a critical oversight in traditional economic models that has influenced climate policy to date. Unlike earlier studies that relied on historical data comparing weather events to economic growth, the new analysis takes into account the impact of global supply chain disruptions caused by extreme weather events. This adjustment significantly alters previous projections, revealing a far more severe economic outcome from climate change.