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India Post–SIDBI MoU to Verify Informal Micro Enterprises

Strengthening the Informal Enterprise Ecosystem

In a major initiative to deepen formalisation and improve credit access for small businesses, the Department of Posts under the Ministry of Communications and the Small Industries Development Bank of India (SIDBI) have signed a Memorandum of Understanding to conduct Contact Point Verification (CPV) of informal micro enterprises registered on the Udyam Assist Platform. The collaboration aims to enhance data reliability and enable smoother linkage of informal enterprises with institutional finance.

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Drug-Resistant Fungus Candida auris Spreads Across United States

Deadly Fungal Threat Emerges Alongside Flu Crisis

As the United States battles one of its harshest flu seasons in recent years, public health authorities are confronting an additional and dangerous challenge. A rapidly spreading, drug-resistant fungal infection known as Candida auris is expanding across the country, placing added strain on hospitals and long-term care facilities already operating under pressure.

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Gujarat Clears Indian AI Research Organisation at GIFT City

Gujarat Gives In-Principle Nod to IAIRO

In a significant step towards building a robust national artificial intelligence framework, Gujarat Chief Minister Bhupendra Patel has granted in-principle approval for the establishment of the Indian AI Research Organisation (IAIRO). The proposed institution aims to advance AI research, innovation and real-world applications across strategic sectors, reinforcing India’s ambition to emerge as a global AI leader.

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DRDO Conducts Successful Salvo Launch of Pralay Missile

Salvo Launch Demonstrates Operational Readiness

India has further strengthened its conventional strike capabilities with the successful salvo launch of two indigenously developed Pralay missiles. The test was conducted on December 31, 2025, from the Integrated Test Range (ITR), Chandipur, off the Odisha coast. The launch marked a crucial phase in user evaluation trials and demonstrated the missile system’s reliability under realistic operational conditions.

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India Imposes Three-Year Safeguard Duty on Steel Imports

Government Notifies New Safeguard Duty on Steel

India has imposed a three-year safeguard tariff on selected steel imports to protect domestic manufacturers from a sharp rise in low-priced overseas shipments. The decision was notified through an official gazette on December 31, 2025, and is aimed primarily at countering increased inflows from China and other exporting nations. The announcement was welcomed by the domestic steel industry and led to a rally in metal stocks.

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