• Appellant entities: Bank of Baroda, IDBI Bank, Indian Overseas Bank, and auditor BDO India LLP
• Reason for appeal: These entities are challenging the interim order of December 24, 2025, issued by a single-judge bench (Justice Milind Jadhav), which stayed the banks' proceedings to declare Anil Ambani and RCom's accounts as 'fraudulent'.
• Main basis of the dispute:
• The single-judge bench granted the stay on the grounds that the person who signed the Forensic Audit Report (FAR) used by the banks was not a Chartered Accountant (CA), which violates the RBI's 2024 Master Directions.
• The banks argue that the audit report was under the 2016 circular and they consider it valid.

• A multi-purpose and multi-modal Information and Communication Technology (ICT) platform.
• Launched: 2015
• It is a three-tiered system. The three levels are: the Prime Minister's Office (PMO), Central Government Secretaries, and State Chief Secretaries.

• 62 AI and data labs will be established across Uttar Pradesh in collaboration with the India AI Mission.
• The Chief Minister emphasized the plan to develop Lucknow as an 'AI City' and establish a 'MedTech Center of Excellence' there.
• The Uttar Pradesh Regional AI Impact Summit 2026 is a precursor event to the India AI Impact Summit 2026.

• Location: Situated on the western coast of India
• Borders: Rajasthan to the north, Madhya Pradesh to the east, Maharashtra to the southeast, the Arabian Sea and Pakistan (Sindh province) to the west
• Capital: Gandhinagar
• Largest city: Ahmedabad
• Established: May 1, 1960 (separated from Maharashtra – Maharashtra Day is also celebrated on this day)

• State animal: Lion (Asiatic Lion)
• State bird: Flamingo
• State flower: Gulmohar
• State tree: Banyan
• Major rivers: Narmada, Sabarmati, Mahi, Tapi
• Major lakes: Kankaria Lake, Hamirsar Lake
• Major mountain ranges: Gir Mountains, Vindhya Range

• It is a zoonotic virus that spreads from animals (primarily bats and pigs) to humans. It can also spread from person to person.

• This is a central sector scheme of the Government of India, launched in 2021 to promote domestic manufacturing of advanced automotive technology (AAT) products (such as electric and hydrogen vehicles), reduce import dependence, attract investment, and build global supply chains.
• It has a budgetary outlay of ₹25,938 crore and is applicable from FY2022-23 to FY2026-27, under which companies receive incentives based on sales and investment.
• The PLI-Auto scheme provides incentives only for products with a minimum of 50 percent domestic value addition.
• The ministry stated that a total investment of ₹35,657 crore has been made so far under the PLI-Auto scheme, and approximately 49,000 jobs have been created.

• Total Collection: The gross direct tax collection of the country exceeded ₹18.38 lakh crore by January 11, 2026.
• Growth Rate: This represents an annual increase of 8.82 percent compared to the same period of the previous year.
• Refunds: The government has also issued refunds of approximately ₹2.48 lakh crore so far in the current financial year.
• Net Collection: After adjusting for refunds, the net direct tax collection has also shown significant progress, reflecting the strength of the Indian economy and improved tax compliance.
• Key Components: This collection includes significant contributions from both corporate tax and personal income tax.

• Total EV Sales: Over 2.34 million electric vehicles were registered during 2025.
• Two-Wheeler Dominance: Electric two-wheelers accounted for approximately 57% of total EV registrations.
• E-Rickshaws and Three-Wheelers: The electric three-wheeler segment saw the highest penetration, with 6 out of every 10 vehicles sold being electric.
• Passenger Cars: Electric car sales witnessed a remarkable 77% increase compared to 2024, indicating growing market acceptance.
• Top States: Uttar Pradesh, Maharashtra, and Karnataka were the leading states in the country in terms of electric vehicle adoption.

• This was up from 0.71 percent in the previous month of November.
• Inflation remained below the lower limit of the Reserve Bank of India's target range for the fourth consecutive month.
• According to data released by the Ministry of Statistics and Programme Implementation, inflation rose to 0.76 percent in rural areas and 2.03 percent in urban areas.
• Food inflation, based on the All India Consumer Food Price Index, registered a decline of 2.71 percent last month, less than the 3.9 percent decline recorded in November. This marked the seventh consecutive month that it remained below zero.

• Theme: This year's theme was "Powering Humanity: Renewable Energy for Shared Prosperity."
• Participants: Over 1,500 ministers, senior officials, business leaders, and stakeholders from around the world.
• The conference highlighted the growing role of the International Renewable Energy Agency in global energy policy.
• India's Participation: India's Union Minister, Pralhad Joshi, participated in the meeting and emphasized India's approach to energy transition, "Vasudhaiva Kutumbakam - One Earth, One Family, One Future." He also discussed technical cooperation with representatives from Iceland for the expansion of geothermal energy in India.
• Members adopted the agency's program and budget for 2026-27.
• Minister Pralhad Joshi stated that nearly one million standalone solar pumps have been installed under India's PM-KUSUM scheme.
• He also mentioned that over 1.1 million grid-connected pumps have been solarized, creating more than 10,200 MW of clean energy capacity.

• Cost and Area: The center is being built at a cost of ₹362 crore and is spread over an area of ​​approximately 11,000 square meters.
• Objective: This facility will provide a platform for scientists to conduct research on highly infectious viruses and serious animal diseases in a completely safe environment.

Note: India's bio-economy is growing rapidly, increasing from $10 billion in 2014 to $165.7 billion (approximately ₹13.8 lakh crore) in 2024, and is targeted to reach $300 billion by 2030.

• This was a crucial Earth Observation Satellite (EOS-N1) developed by ISRO.
• Objective: Its primary objective was to provide detailed mapping of the Earth's surface, monitor agricultural activities, manage water resources, and assist in relief efforts by providing timely data during natural disasters.
• It was developed by DRDO.
• This is the second PSLV failure within 8 months. Previously, the PSLV-C61 mission in May 2025 also failed due to a similar malfunction in the third stage.