The Government of the Republic of India and the Government of Japan have adopted the ‘Rule of Implementation’ of the Joint Crediting Mechanism on 08.06.2026, under Article 6.2 of the Paris Agreement of the United Nations Framework Convention on Climate Change (UNFCCC).
Last year, India and Japan signed the Memorandum of Cooperation (MoC) for the Joint Crediting Mechanism (JCM). The MoC established a framework for collaboration on mitigation activities that deliver greenhouse gas emission reductions or removals while supporting sustainable development outcomes in India and,
contributing to the achievement of the Nationally Determined Contributions (NDCs) of both countries.
The Rule of Implementation defines robust governance arrangements, including a Joint Committee with representatives from both Governments, transparent project approval procedures, third-party validation and verification, sustainable development safeguards and,
national registries to track the issuance and transfer of credits.
The Joint Crediting Mechanism demonstrates India’s firm commitment to climate action. It will catalyse investment, technology transfer and capacity-building for projects involving low-carbon technologies in India to support climate change mitigation and sustainable development.
Assam’s cultural heritage and traditional products have gained global recognition, with four unique products from the state being awarded Geographical Indication (GI) tags. The products that have received GI tags include Bah Silpa-Assamese Bamboo Craft, Karbi Anglong Handloom, Bihu Pepa and Deori Handloom Products.
The GI tag is granted to products that possess unique qualities, characteristics linked to their geographical origin. This recognition provides legal protection against unauthorised use and imitation, ensuring that only authentic products made in their traditional regions and according to established practices can bear the designation.
Cricketer Smriti Mandhana has been named by TIME magazine among this year’s 100 most influential people in sports, the only Indian to be featured on the list.
TIME’s list of the 100 Most Influential People in Sports 2026 features athletes, coaches, advocates and investors who are “people shaping sports today.”
The list, headlined by American basketball legend LeBron James, includes superstars from the world of sports such as football icon Lionel Messi, Chinese-American skier Eileen Gu, tennis star Carlos Alcaraz, basketball player Victor Wembanyama, legendary golfer Rory McIlroy among others.
The other big names in the list include another football icon Cristiano Ronaldo, South African cricket captain Temba Bavuma, who last year led his team to a historic Test series win in India as well as victory in the World Test Championship (WTC), basketball player for the New York Knicks Jalen Brunson and FIFA president Gianni Infantino.
Mandhana, 29, the vice-captain of Indian women's national team, is part of the elite club.
In 2024, she set the record for most international runs across formats by a woman and then beat her own record last year— “a feat that contributed to her being crowned BBC Indian Sportswoman of 2025.”
TIME’s profile for Mandhana said that the Mumbai-born left-handed opening batter was the "first Indian woman to score a double century in a domestic one-day game, the first to score a century in all three international formats, and is a joint holder of the most international women’s cricket centuries with 17” as it noted that the “records keep tumbling in” for Mandhana.
The Reserve Bank of India (RBI) has permitted authorised dealer (AD) banks to open repatriable rupee accounts for overseas individuals investing in listed Indian companies, operationalising the government’s move to broaden participation in the domestic equity market beyond Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs).
Terminal 1 of Navi Mumbai International Airport and Terminal 2 of Lokapriya Gopinath Bordoloi International Airport, Guwahati, have featured in the list of Prix Versailles as two of the world’s most beautiful airports in 2026.
The two airports are run by Adani Airport Holdings Limited (AAHL), India’s largest private airport operator.
In a major boost to India’s renewable energy sector, Union Minister for New and Renewable Energy Pralhad Joshi launched the Wind Turbine Supply Chain Management (WT-MARUT) Portal during the Global Wind Day 2026 National Conference in Goa.
The WT-MARUT portal, developed jointly by the Ministry of New and Renewable Energy (MNRE) and the Indian Wind Turbine Manufacturers Association (IWTMA), is the country’s first dedicated digital platform aimed at streamlining the wind energy supply chain.
The minister also stated that exports of wind turbines and related components crossed 12,000 crore rupees during the fiscal year, underlining India’s growing prominence in the global renewable energy industry.
Union Minister of State for New and Renewable Energy- Shripad Naik.
The National Biodiversity Authority (NBA) has reconstituted the Expert Committee on Agrobiodiversity under Section 13(1) of the Biological Diversity Act, 2002.
The Committee has been reconstituted for a period of one year to provide expert guidance on the conservation, sustainable use, and access and benefit-sharing of agricultural biodiversity and related matters.
The Ministry of Environment, Forest and Climate Change stated that the Committee has played a significant role in supporting the implementation of the Biological Diversity Act by providing expert recommendations on a range of issues relating to agricultural biodiversity. Padma Shri Dr P L Gautam will serve as the Co-Chair of the Committee.
The Securities and Exchange Board of India (SEBI) has issued a new framework for exchange-traded funds (ETFs), revising norms related to base price determination, price bands, pre-open call auctions and close-out procedures.
The regulator said the changes are aimed at addressing issues arising from the one-day lag in ETF base prices and the mismatch between existing price bands and movements in underlying assets.
Under the new framework, the base price for ETFs will be the previous day's closing price, calculated as the last 30-minute volume weighted average price (VWAP).
If no trades occur during the last 30 minutes, the last traded price will be used. If there are no trades on the previous day, the latest available net asset value (NAV) will serve as the base price.
SEBI said stock exchanges and mutual fund houses should work towards using the previous day's closing NAV as the base price from 1 April 2027.
The initial price band will be set at 10% and can be expanded up to 20% after a 15-minute cooling-off period if prices hit the upper or lower thresholds.
The new framework is intended to improve price discovery, align ETF trading mechanisms more closely with underlying asset movements and enhance market efficiency.
Indian Army and Bharti Airtel have signed a pact to strengthen mobile network infrastructure in remote areas of West Kameng district in Arunachal Pradesh, an official said.
The project is designed to facilitate greater access to essential services for residents, including government schemes, digital education, healthcare, and financial inclusion.
The partnership aims to bridge the digital divide in regions that have remained disconnected for over a decade, addressing a critical development need in the strategically important frontier region, Defence Spokesperson Lt Col Mahendra Rawat said in an official communique.
Tripura has secured another milestone in preserving and promoting its cultural heritage, with the traditional “Tripura Sarinda” receiving a Geographical Indication (GI) tag, Chief Minister Manik Saha said.
With the latest addition, Tripura now has four GI-tagged products. Saha said the recognition reflects the dedication, craftsmanship and creativity of the artisans and musicians associated with the traditional instrument.
The Chief Minister, who also holds the Information and Cultural Affairs portfolio, noted that Tripura’s Queen Pineapple, Risha/Pachra (Rignai) — the traditional attire of indigenous tribal communities — and Matabari Peda had previously received GI certification.
Matabari Peda, a dairy-based sweet, is traditionally offered as prasad at the 524-year-old Tripura Sundari Temple in Udaipur, Gomati district The temple is one of Hinduism’s 51 revered Shakti Peethas.
Tripura is also known for its Queen and Kew varieties of pineapple, which thrive in the state’s hilly terrain and humid climatic conditions with minimal use of chemical input.
The Reserve Bank of India (RBI) has allowed lenders to assign a zero-risk weight to a significant portion of loans guaranteed under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, reducing capital requirements and potentially supporting credit growth under the programme.
The RBI said exposures under ECLGS 5.0 would attract a zero per cent risk weight for up to 75 per cent of the guaranteed portion, where settlement is expected within 30 days of guarantee invocation. The balance exposure will continue to be risk-weighted under existing norms.
Risk weights determine the amount of capital banks must hold against loans.
Lionel Messi's pursuit of FIFA World Cup history reached another milestone as the Argentina captain scored the first World Cup hat-trick of his illustrious career and drew level with Miroslav Klose as the tournament's all-time leading goalscorer.
The 38-year-old struck three times in Argentina's opening match against Algeria,taking his World Cup tally to 16 goals and matching the record set by Germany's Klose across four tournaments between 2002 and 2014.
Messi's hat-trick elevated him to the top of World Cup scoring charts alongside Klose, whose record had stood untouched since Germany's triumph in Brazil in 2014.
Global peacefulness deteriorated by 0.7% in 2025, marking the 12th consecutive year of decline and the 15th deterioration in the last 18 years.
99 countries became less peaceful, while only 62 countries improved.
Since 2008, 119 out of 163 countries have experienced a decline in peacefulness.
The General Assembly established the United Nations Convention to Combat Desertification (UNCCD), the sole legally binding international agreement linking environment and development to sustainable land management, and declared 17 June "World Day to Combat Desertification and Drought" by its resolution A/RES/49/115.
In 2026, Desertification and Drought Day put rangelands at the centre of global attention. Held under the theme “Rangelands: Recognize. Respect. Restore.”, this year’s observance calls for greater recognition of the economic, ecological and cultural value of rangelands, respect for their traditional stewards and stronger investment in restoring degraded rangelands.
