Nitish Kumar to Resign as Bihar CM; BJP to Get First Chief Minister in Bihar
★ Must KnowJD(U) leader Nitish Kumar left for Delhi to take oath as Rajya Sabha member, paving the way for BJP's first-ever Chief Minister in Bihar.
Governance Policies
JD(U) leader Nitish Kumar left for Delhi to take oath as Rajya Sabha member, paving the way for BJP's first-ever Chief Minister in Bihar.
The Election Commission's draft delimitation proposal for Assam Assembly seats has sparked controversy, with critics alleging it reduces Muslim representation through communal boundary-drawing.
The Rajasthan Assembly passed a Bill repealing the two-child norm for contesting urban local body elections, removing a decades-old restriction.
The RBI cancelled the banking license of Paytm Payments Bank Ltd (PPBL) for persistent regulatory violations, including non-compliance with KYC norms.
Reliance Industries reported a record net profit of ₹95,610 crore in FY26, becoming the first Indian company to surpass $10 billion in annual profit.
The Agriculture Ministry assured that India's 2025-26 wheat production remains strong despite localized damage from unseasonal rains and hailstorms.
RBL Bank reported a 233% surge in Q4 FY26 profit to ₹230 crore while L&T Finance posted a 27% jump to ₹807 crore, reflecting strong banking sector performance.
India's textiles and garment exports declined 2.2% in FY2025-26, reflecting global demand weakness and competitiveness challenges.
SEBI celebrated its 38th foundation day with Chairman Tuhin Kanta Pandey announcing plans to simplify regulations and boost technology-led market oversight.
Foreign Institutional Investors pulled out ₹1.75 lakh crore from Indian equities in 2026 so far, as JPMorgan downgraded India from Overweight to Neutral.
Indian trade officials concluded constructive in-person talks with US counterparts in Washington, the first face-to-face meeting since October 2025, though no deadline was set.
