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Nilgiris Promotes Native Fruit Tree Cultivation: A Boost for Biodiversity and Farmers

Jun 19, 2026

Overview

Native fruit tree cultivation is being promoted in the Nilgiris district through a joint initiative of the district administration and the Department of Horticulture. The programme includes a dedicated acre of land at the Pomological Station in Coonoor for native fruit trees. The initiative aims to boost biodiversity, support farmers, and encourage sustainable agriculture.

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Bengaluru Pink Line: Elevated Stretch by August 2026, Full Corridor by March 2027

Jun 19, 2026

Overview

Bengaluru Development Minister Krishna Byre Gowda announced that the elevated section of the Pink Line from Kalena Agrahara to Tavarekere will be operational by August 15, 2026. The underground stretch from Tavarekere to Nagawara is slated for completion by March 2027. The Blue Line trial runs are expected by October 2026.

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SBI Hands Over Rs 8,813 Crore Dividend Cheque to Government

Jun 19, 2026

Overview

State Bank of India presented a dividend cheque of ₹8,813 crore to the Central government for FY 2025-26 on 8 June 2026. SBI Chairman C.S. Setty handed over the cheque to Union Finance Minister Nirmala Sitharaman in New Delhi. SBI’s net profit for FY26 rose 12.88% to ₹80,032 crore.

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RBI Cancels Licence of Karnataka's Shree Mahalaxmi Co-operative Credit Bank

Jun 19, 2026

Overview

The Reserve Bank of India (RBI) has cancelled the licence of Karnataka's Shree Mahalaxmi Urban Co-operative Credit Bank due to its deteriorating financial condition and inability to comply with regulatory requirements. Approximately 97.9% of depositors are expected to receive their full insured deposits up to ₹5 lakh through DICGC insurance.

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Smart Seed Coating Technology: A Game-Changer for Rainfed Agriculture

Jun 19, 2026

Overview

The Indian Council of Agricultural Research's Indian Institute of Oilseeds Research (ICAR-IIOR), Hyderabad, has developed Smart Seed Coating Technology. This innovative biopolymer-based technology creates a protective layer around seeds. It delivers beneficial microorganisms, nutrients, and crop protection agents directly at the seed-soil interface. It improves germination rates and early plant growth, particularly for rainfed farming.

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