2 July 2026 – News Deck

NBCC and Apex Court Committee Engage with Supertech Homebuyers, Outline Roadmap for Project Completion

2 July 20262 July 2026 Vijay Raman

In a significant step towards keeping homebuyers informed and involved in the resolution process, the Apex Court Committee (ACC), under the Chairmanship of Hon'ble Justice Krishna Murari, in association with NBCC (India) Limited, organised an interaction session for homebuyers of the 16 Supertech projects being revived under the framework approved by the Hon'ble Supreme Court and NCLAT. The session witnessed enthusiastic participation from hundreds of homebuyers, who received updates on the progress made so far, the implementation roadmap, key challenges and the way forward. The interaction was led by Hon'ble…

Can ‘Stablecoins’ Be Trusted Like Real Money?

2 July 20262 July 2026 Vijay Raman

Every year, the Bank for International Settlements (BIS) assesses how money has or is changing. In its latest Annual Economic Report, it dedicates a chapter to a fast-growing form of digital money called the stablecoin. In this chapter, the BIS asks a simple yet powerful question: can stablecoins be trusted in the same way as ordinary money? To answer this question, the report explains what makes money work at all. It notes that when someone hands you a hundred-rupee note, you accept it without hesitation. There is no doubt in…

India Enhances Helicopter Safety with First PinS Instrument Approach

2 July 20262 July 2026 Vijay Raman

India has achieved a significant milestone in civil aviation with the approval of the country’s first Point in Space (PinS) Instrument Approach Procedure for helicopter operations, marking a major step towards safer and more efficient all-weather helicopter connectivity. The PinS Instrument Approach Procedure enables helicopters to operate safely in low-visibility and challenging weather conditions by using satellite-based navigation and advanced instrument flight procedures. The system allows aircraft to navigate accurately to a designated point in space before proceeding visually to the landing site. The approval represents a major…

Air Marshal Tejinder Singh Assumes Charge as CISC

2 July 20262 July 2026 Vijay Raman

Air Marshal Tejinder Singh assumed charge as the Chief of Integrated Defence Staff to the Chairman Chiefs of Staff Committee (CISC) on Thursday. A highly decorated officer of the Indian Air Force, Air Marshal Tejinder Singh brings with him decades of distinguished service, extensive operational experience, and expertise in joint military planning and force integration. Commissioned into the fighter stream of the Indian Air Force, the Air Marshal has held several important command, staff, and instructional appointments during his illustrious career. He has commanded operational units and formations…

Air Marshal Ashutosh Dixit Takes Charge as IAF Vice Chief

2 July 20262 July 2026 Vijay Raman

Air Marshal Ashutosh Dixit, PVSM, AVSM, VM, VSM, assumed charge as the Vice Chief of the Air Staff (VCAS) of the Indian Air Force on Thursday. A distinguished fighter pilot with extensive operational and command experience, Air Marshal Dixit was commissioned into the fighter stream of the Indian Air Force in December 1986. During his illustrious career spanning nearly four decades, he has flown a wide range of combat aircraft and accumulated over 3,300 hours of flying experience. An alumnus of the National Defence Academy, Defence Services Staff…

Kodaikanal Solar Observatory’s 100-Year Archive Decoded by AI

2 July 20262 July 2026 Vijay Raman

Scientists have used artificial intelligence (AI) to analyse more than a century of solar images from the Kodaikanal Solar Observatory, enabling the automated tracking of bright solar regions known as plages that are closely linked to the Sun’s magnetic activity. The study employed advanced AI-based image analysis to examine digitised observations spanning nearly 100 years, creating one of the most comprehensive records of solar surface activity. Plages, which appear brighter than their surroundings in specific wavelengths of light, serve as important indicators of the Sun’s magnetic field and solar…