Vice President Jagdeep Dhankhar released 16 books published by the Publications Division at Uparashtrapati Bhavan.
Book Launch – “Mahatma: A Great Communicator”
Union Minister Mansukh Mandaviya launched the book highlighting Mahatma Gandhi’s communication strategies.
🔶 Finance, Insurance & Investment
ADB Loan Commitment to India
The Asian Development Bank plans to provide $1.2 billion in financing to India in 2026 , focusing on climate resilience and sustainable infrastructure.
IRDAI Draft Amendment Regulations 2026
Proposed amendments aim to align the insurance sector with Indian Accounting Standards (Ind AS) .
EPFO Investment in InvIT
The Employees’ Provident Fund Organisation will invest in the Infrastructure Investment Trust promoted by the National Highways Authority of India (NHAI) .
Government Banking Reforms
The Controller General of Accounts launched the Government Bank Dashboard and Government Bank Manual to enhance financial transparency and efficiency.
🔶 Corporate & Technology Sector
Axis Bank – Tesla Financing Partnership
Axis Bank has been selected as a preferred financing partner for Tesla’s operations in India.
Jio Platforms Leadership Appointment
Jio Platforms appointed Dan Bailey as President to oversee global expansion and international business operations.
🔶 Competition & Regulatory Approvals
CCI Approvals
The Competition Commission of India approved:
• Additional stake acquisition in Generali Central Insurance & Generali Central Life Insurance by Central Bank of India.
• Investment in Balaji Wafers Pvt. Ltd. by General Atlantic Singapore.
🔶 International Legal Reform
Scotland Legalises Water Cremation
Scotland became the first UK nation to legalise alkaline hydrolysis (water cremation) as an alternative to traditional cremation.
🔶 Scientific Discoveries
New Blind Aquifer Fish Species Discovered
Researchers identified a new underground fish species “Gitchak nakan” in a well in Assam.
New Earthworm Species Identified
Two species — Moniligaster girishi and Drawida reynoldsi — were discovered in Silent Valley National Park within the Nilgiri Biosphere Reserve.
🔶 Obituary
Hari Krishan Dua (HK Dua)
The veteran journalist, diplomat, and former Member of Parliament passed away at the age of 88.
Month: Current Affairs - March 06, 2026
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