Base and framework: On the latest Index of Industrial Production
The [Ministry of Statistics and Programme Implementation] (MoSPI) released the [Index of Industrial Production] (IIP) for April 2026, marking the first release under the new 2022-23 base year series. Industrial output grew by 4.9% year-on-year, driven largely by capital goods, though consumer goods growth remained sluggish.
Must ReadDraft SC rules prohibit use of AI for judicial outcomes, assessing bail eligibility
The [Supreme Court of India] has released the preliminary draft of the 'Regulations for Use of Artificial Intelligence (AI) in Courts, 2026', to regulate the integration of AI in the judicial system. The draft explicitly prohibits the use of AI for determining judicial outcomes, such as assessing bail eligibility or sentencing, without mandatory human oversight, emphasizing that AI must function strictly in an assistive capacity.
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Must ReadPortugal, Austria among five nations elected to UN Security Council; Germany suffers setback
The [United Nations General Assembly] elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe as non-permanent members of the [United Nations Security Council] for the 2027-28 term. In a notable outcome, Germany lost its bid for a seat in the Western European and Other States category, citing its stances on the Ukraine conflict and Israel as potential factors for the loss.
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Must ReadGovt sets up 6 sector-specific groups to identify products to boost manufacturing, cut imports
The central government has established six sector-specific working groups to identify approximately 100 products for targeted domestic manufacturing and import substitution. Chaired by the Secretary of the [Department for Promotion of Industry and Internal Trade (DPIIT)], these groups will pinpoint items where India lacks sufficient production capacity, aiming to boost indigenization, strengthen self-reliance, and curb the outflow of foreign exchange due to rising imports.
Must ReadGreat Nicobar task: Pursuing national security with ecological responsibility
The [Lieutenant Governor of the Andaman and Nicobar Islands] has articulated a strong strategic rationale for the controversial [Great Nicobar Island (GNI) Project], framing it as essential for India's national security and economic influence in the Indo-Pacific. The ₹72,000 crore mega-project, which involves a transshipment port, airport, township, and power plant, requires the diversion of 130.75 sq km of pristine forest and has faced intense scrutiny over its environmental impact on the ecologically fragile island and indigenous tribes.
Must ReadAfter Maoism, the next battle is for Adivasi trust
Following the declaration of India as Maoist-free (effective March 31, 2026), the Union Home Minister has set 2031 as the target for the full integration of Bastar's Adivasis into the mainstream. This transition highlights a shift from military victory to structural peace-building, requiring the government to address historical grievances and effectively implement constitutional guarantees, particularly the [PESA Act, 1996].
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ImportantFrom inputs to retail, a monster rages through: As supply-side inflation pressures build, the implications for monetary policy
Recent economic data reveals a widening divergence between [Wholesale Price Index] (WPI) and [Consumer Price Index] (CPI) inflation, driven primarily by global supply-side shocks and rising commodity prices, particularly fuel. This cost-push inflation, originating from events like the West Asia conflict, is steadily transmitting into retail prices through increased transportation and manufacturing costs.
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Must ReadBRICS and the new geography of agri-trade
With the recent expansion of the [BRICS] grouping, it now represents a significant portion of global trade and population. As India prepares to chair the forthcoming [BRICS Agriculture Ministers' meeting], there is an opportunity to leverage agricultural complementarities within the bloc.
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