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India - Mongolia Joint Military Exercise NOMADIC ELEPHANT commenced today at the Pithoragarh, Uttarakhand

The 18 th edition of the India - Mongolia Joint Military Exercise NOMADIC ELEPHANT, an annual platoon-level exercise conducted alternately in India and Mongolia, commenced today at the Foreign Training Node, Pithoragarh, Uttarakhand. The exercise is scheduled from 21 September to 03 October 2026. The last edition of the exercise was conducted at Ulaanbaatar, Mongolia, in May–June 2025. The Indian Army and the Mongolian Armed Forces are represented by 45 personnel each. The exercise aims to enhance the joint military capability of both sides to undertake Counter-Insurgency Operations in semi-urban and mountainous terrain under the United Nations Mandate. The joint training will focus on tactical-level operations, exchange of best practices, refinement of operational drills and enhancement of interoperability between the two armies. The training curriculum will include Cordon and Search Operations, Room Intervention Drills, Special Heliborne Operations, Cyber Security Training and emplo...

UPSC IAS Daily Current Affairs ( 20 – 09 – 2026 ) by UniFocus IAS

Saudi Arabia confirms it is no longer a part of China-led mBridge digital currency platform National Land Monetization Corporation Limited ( NLMC ) INDIA - SRI LANKA ANNUAL BILATERAL MARITIME EXERCISE (SLINEX-26) New Members Elected to the IAEA Board of Governors UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions

Saudi Arabia confirms it is no longer a part of China-led mBridge digital currency platform

Saudi Arabia confirms it is no longer a part of China-led mBridge digital currency platform - Business Standard About mBridge: The project aimed to explore a multi-central bank digital currency (CBDC) platform shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement. It was started in 2021.  Participiating Institutions:  BIS Innovation Hub, the Bank of Thailand, the Central Bank of the United Arab Emirates, the Digital Currency Institute of the People's Bank of China and the Hong Kong Monetary Authority. The Saudi Central Bank joined in 2024. Project aims to address following shortfalls: The project aimed to tackle some of the key inefficiencies in cross-border payments, including high costs, low speed and operational complexities. It also addressed financial inclusion concerns, particularly in jurisdictions where correspondent banking (which connects countries to the glob...

National Land Monetization Corporation Limited ( NLMC )

The 21st Meeting of the Board of Directors of National Land Monetization Corporation Limited (NLMC) was held on 18 September 2026, to review the Corporation’s ongoing asset monetisation programme, financial performance and key institutional initiatives. About National Land Monetization Corporation Limited (NLMC) National Land Monetization Corporation Limited (NLMC) is a wholly owned Government of India company under the administrative control of the Department of Public Enterprises (DPE), Ministry of Finance. NLMC has been established to undertake and facilitate the monetisation of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government entities. NLMC works with asset-owning entities to facilitate the identification, assessment and monetisation of surplus assets through appropriate and transparent mechanisms. Its mandate is aimed at unlocking the value of surplus public assets and supporting the Government’s broader asset monetisation objectiv...

INDIA - SRI LANKA ANNUAL BILATERAL MARITIME EXERCISE (SLINEX-26)

The 13th edition of the Sri Lanka-India bilateral maritime exercise, SLINEX-26, is being conducted at Visakhapatnam from 17 to 21 Sep 26. The exercise commenced with the Harbour Phase, which will be followed by the Sea Phase. INS Kavaratti, an indigenous Anti-Submarine Warfare Corvette, and INS Jyoti, the Fleet Tanker, will participate from the Indian Navy, while SLNS Sindurala represents the Sri Lanka Navy. Conceptualised in 2005, SLINEX has evolved into an important forum for fostering maritime cooperation, interoperability and mutual understanding between the two Navies. The Harbour Phase, conducted under the aegis of the Eastern Naval Command, commenced with an opening ceremony and reception onboard INS Kavaratti for the visiting crew of SLNS Sindurala . The phase includes professional interactions, cross-deck visits, sharing of best practices, Yoga, sports and cultural activities. The subsequent Sea Phase will focus on enhancing operational synergy and interoperability through c...