Loading...
| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (101884) | |
91. India AI Summit draws USD 250 billion infrastructure commitments
- On February 20, 2026, at the India AI Impact Summit in New Delhi, over USD 250 billion in AI infrastructure investments and USD 20 billion in VC/deep-tech funding were committed, with more than five lakh visitors attending the event.
- Union IT Minister announced that 70 countries had backed the proposed Delhi Declaration, likely crossing 80 by Saturday. Global policymakers, tech leaders, startups, and major AI firms participated, endorsing India’s responsible AI approach.
- The Minister said full declaration details would follow after the summit. He noted strong youth support despite opposition criticism, announced a new semiconductor plant in Uttar Pradesh, Micron’s facility launch on February 28, and a 20-lakh AI training target under India AI Mission 2.0.
Click here to find 1469 similar incidents of Bharat Economic Growth -> Bharat Economic Growth
92. Tripura: Tribal Welfare Department Allocates ₹27.50 Crore for Rubber Processing in Tribal Areas
- For the 2025–26 fiscal year in Tripura’s tribal regions, ₹27.50 crore was earmarked to establish rubber sheet units, smoking houses, roller machines, and training facilities under the Rubber Processing Scheme.
- The Tribal Welfare Department implemented the scheme through the TTAADC’s Khumulang branch, routing funds via the DDO and Tripura Gramin Bank. Units costing ₹75 lakh each were planned in phases with technical approvals and phased fund releases.
- Administrative approval for the final ₹9.20 crore completed allocation after earlier releases. The scheme aimed to improve price realisation for tribal rubber farmers. Monthly progress reports, utilisation certificates, and geo-tagged photos were mandatory, but no formal report had yet been filed.
93. India and Brazil Sign MoU to Strengthen Steel Supply Chain Cooperation
- On February 21, 2026, India and Brazil signed an MoU at Hyderabad House, New Delhi, to enhance cooperation in mining and mineral resources for the steel sector.
- The MoU was exchanged in the presence of the Prime Minister of India and President Lula da Silva, focusing on joint investment, mining, processing, recycling, automation, and AI-based geoscientific data analysis.
- Brazil has major iron ore, manganese, nickel, and niobium reserves; India’s steel capacity is 218 million tonnes; the partnership aims to secure raw materials, improve technology, and strengthen the India–Brazil steel supply chain sustainably.
Click here to find 870 similar incidents of Indian Diplomacy -> Diplomatic Initiatives
94. Texmaco Rail, RVNL ink JV pact to boost country's rail manufacturing
- On February 20, 2026 it was reported that Texmaco Rail & Engineering Ltd and RVNL signed a joint venture pact in 2026 to expand rail manufacturing and infrastructure projects in India and overseas markets, including Asia, Africa, and the Middle East.
- Texmaco and RVNL will combine engineering innovation, cost competitiveness, and global-standard quality to deliver advanced rolling stock, lifecycle maintenance, asset management, and large EPC and turnkey rail infrastructure solutions.
- The JV aims to boost innovation, strengthen exports, enhance global rail competitiveness, and support national infrastructure growth through scale, technology adoption, and international project participation, according to senior executives of both companies.
95. India’s auto exports to EU rise to $2.2 billion in April–December period: Govt data
- On February 20, 2026 India’s exports of automobiles and agricultural products made deeper inroads into European markets during the April–December 2025 period, supported by improving trade momentum and the conclusion of free trade agreement (FTA) negotiations with the European Union, according to Commerce Ministry data.
- India boosted exports through improved trade momentum and the concluded India–EU FTA, with expected zero-duty access, enhancing the competitiveness of Indian products in the European market.
- Automotive exports to the EU rose to $2.2 billion, global auto exports reached $19.3 billion, cereal exports doubled to $339 million, and the EU share in India’s auto exports increased to 11.6%.
Click here to find 859 similar incidents of Bharat Economic Growth -> Increasing Exports
96. Bihar built 1.19 lakh km rural roads, 2,884 bridges in 20 years: RWD minister
- Bihar Assembly on February 18, 2026, the Rural Works Department presented its 2026–27 budget, reporting large-scale rural road and bridge construction to improve connectivity and economic development across the state.
- The Bihar government, underthe Chief minister expanded road connectivity using phased policies targeting villages and tolas by population size, aiming to boost the rural economy and accessibility through sustained infrastructure development.
- The ₹11,312 crore RWD budget for 2026–27 was passed by voice vote; 7,113 km of roads are under construction, with priority for all-weather roads to habitations of 500, 250, and 100 people, especially Dalit and EBC tolas.
97. Mizoram Chief Minister Lalduhoma inaugurates key bamboo processing units established at the Sairang Horticulture Centre
- Chief Minister Lalduhoma inaugurated key bamboo processing facilities at the Sairang Horticulture Centre, developed under the National Bamboo Mission with a funding of ₹252.826 lakh.
- The newly launched units include a Bamboo Treatment & Seasoning Plant, a Bamboo Depot & Godown, and an Activated Charcoal Unit.
- Bamboo from the seasoning plant can last up to 50 years, significantly enhancing its utility. The Activated Charcoal Unit has the capacity to produce three tonnes of charcoal per day — approximately 900 tonnes annually — using around 670 bamboo culms each day.
- Additionally, about 100 litres of vinegar will be produced daily, with up to 54 litres of refined vinegar extractable after distillation. To support the facility’s operations, three bamboo clusters have been developed at Chhingchhip, Baktawng, and Saiphal villages.
Click here to find 816 similar incidents of Focus on States -> North East India
98. PM Inaugurates India’s First Bamboo-Based Ethanol Plant In Assam
- Prime Minister inaugurated India’s first-ever bamboo-based ethanol plant in Assam’s Golaghat district, marking a major push towards clean energy and rural economic upliftment.
- The facility, developed by Assam Bio-Ethanol Private Limited (ABEL), is claimed to be the world’s first zero-waste bioethanol plant using green bamboo as a raw material.
- The facility, built near Numaligarh Refinery, will produce 48,900 MT of ethanol annually and use bamboo sourced from across the Northeast.
Click here to find 816 similar incidents of Focus on States -> North East India
99. India, France join hands to advance AI in Health
- On 18–19 February 2026, India and France inaugurated the Indo-French Centre for AI in Health at AIIMS, New Delhi, launching a joint initiative to advance AI-driven medical research and healthcare innovation.
- The centre was launched by Union Health Minister of India and French President Emmanuel Macron, under an MoU between AIIMS, Sorbonne University, and the Paris Brain Institute, with IIT Delhi and French institutions supporting interdisciplinary research.
- The initiative focuses on AI-based brain-health research, medical education, and global healthcare solutions, strengthening India-France cooperation in digital health, data science, and innovation capacity building
100. India's Tata signs up OpenAI as customer for data centre business
- On 19 February 2026, India’s Tata Consultancy Services signed up OpenAI as the first customer for its new data-centre business in India, starting with 100 MW AI infrastructure capacity.
- TCS and OpenAI partnered under the global Stargate AI infrastructure initiative, with Tata investing up to $7 billion to build scalable data centres that could expand to 1 GW capacity.
- The deal reflects booming AI-data-centre investment in India, where firms like Google, Amazon, Meta, and Reliance are expanding infrastructure, and Tata plans to deploy ChatGPT Enterprise across its workforce.
Click here to find 29 similar incidents of Government Initiatives for Business -> Business