1) China’s Geespace Launches 11 Satellites for IoT Communications

• Chinese private company Geespace has successfully launched 11 Geesatcom satellites, boosting its capacity in Internet of Things (IoT) communications.
• These satellites aim to strengthen China’s satellite internet network, supporting applications in logistics, smart cities, and disaster management.
• This move also signals China’s ambition to compete in the growing global low-earth orbit (LEO) satellite market, currently dominated by companies like SpaceX’s Starlink.

2) PM Announces PM Viksit Bharat Rozgar Yojana

• The Prime Minister unveiled the PM Viksit Bharat Rozgar Yojana, focused on employment generation and creating opportunities across multiple sectors.
• The scheme is expected to boost skill development, promote entrepreneurship, and support small businesses as part of India’s goal to become a developed economy by 2047.
• Details of funding, target beneficiaries, and implementation framework are likely to be rolled out soon.

3) S&P Upgrades India’s Rating to BBB with Stable Outlook after 18 Years

• Global rating agency Standard & Poor’s (S&P) has upgraded India’s sovereign rating to BBB with a stable outlook, its first upgrade for India in 18 years.
• This reflects confidence in India’s economic growth, fiscal stability, and structural reforms.
• The upgrade could help India attract more foreign investment, reduce borrowing costs, and strengthen its global financial standing.

4) PM Launches Mission Sudarshan Chakra for Security of Key Establishments

• A new mission, Sudarshan Chakra, was announced to enhance the protection of critical establishments in India.
• The initiative will deploy indigenous security technologies, including AI-powered surveillance, drones, and advanced sensors, to secure strategic assets.
• This aligns with India’s push for Atmanirbhar Bharat (self-reliance) in defense and security infrastructure.

5) Wes Paes, Renaissance Man of Indian Olympics, Passes Away

• Wes Paes, often described as the “Renaissance Man of Indian Olympics”, and a Hockey World Cup bronze medalist, has passed away.
• He played a crucial role in promoting Indian sports on the global stage and inspired generations of athletes.
• His contribution to both Indian hockey and the Olympic movement in India is remembered as a turning point in raising India’s sporting culture.