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India Relaxes FDI Rules for Firms with Limited Chinese Ownership

March 17, 2026

DPIIT Allows Automatic Route FDI with Up to 10% Chinese Shareholding

The Government of India has eased foreign direct investment norms, allowing overseas companies with up to 10% Chinese ownership to invest through the automatic route. The change was notified by the Department for Promotion of Industry and Internal Trade after approval from the Union Cabinet. The decision is intended to improve capital inflows while maintaining safeguards related to national security and strategic interests.

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NDA Sweeps All Five Rajya Sabha Seats in Bihar Elections

March 17, 2026

Nitish Kumar and NDA Candidates Win Bihar Rajya Sabha Polls

The National Democratic Alliance secured a complete victory in the Rajya Sabha elections from Bihar, winning all five seats that were up for contest. Key winners include Nitish Kumar, Nitin Nabin, Ram Nath Thakur, Upendra Kushwaha, and Shivesh Kumar. The outcome reflects the NDA’s strong legislative position in the state assembly.

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India Revises GDP Base Year to 2022–23, Updates Economic Indicators

March 17, 2026

MoSPI Introduces New GDP Series with Improved Data and Methods

The Ministry of Statistics and Programme Implementation has revised the base year of India’s Gross Domestic Product (GDP) from 2011–12 to 2022–23, with the updated series released on 27 February 2026. The revision reflects changes in the structure of the economy, incorporation of new data sources and adoption of updated statistical standards. It aims to improve the accuracy and relevance of national income estimates for policymaking.

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Odisha’s Kusunpur to Become First CSIR Smart Village

March 17, 2026

CSIR Launches Technology-Driven Smart Village Project in Kendrapada

Kusunpur village in Odisha’s Kendrapada district is set to become the state’s first “smart village” under a technology-led rural development initiative by the Council of Scientific and Industrial Research. Located in the Rajnagar block, the village has around 130 families and a population of nearly 700. The project aims to create a self-reliant and sustainable rural ecosystem by integrating scientific innovations into everyday life.

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India Submits First National Report on Nagoya Protocol Implementation

March 17, 2026

India Strengthens Biodiversity Governance with ABS National Report 2026

India has submitted its First National Report (NR1) on the implementation of the Nagoya Protocol to the Convention on Biological Diversity Secretariat on 27 February 2026. The report was prepared by the Ministry of Environment, Forest and Climate Change in collaboration with the National Biodiversity Authority. It reviews progress made between November 2017 and December 2025 and outlines India’s efforts in strengthening biodiversity governance and benefit-sharing mechanisms.

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