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• IN-SPACe has selected three high-potential startups—Astrobase, SatSure, and TM2SPACE—as the first beneficiaries of its newly launched Technology Adoption Fund. • The initiative provides direct financial backing to private companies to develop advanced space technologies, marking a shift from policy reform to active investment. • This move aims to strengthen India's competitive position in the global space economy by fostering innovation in launch services, satellites, and AI-driven infrastructure.

• The European Commission is developing new standards under the Cloud and AI Development Act to enhance Europe's competitiveness in cloud computing and artificial intelligence. • These rules aim to address the significant power costs and energy demands associated with the expansion of data centers required for AI infrastructure. • The initiative matters as the EU seeks to balance its technological ambitions with sustainability goals and energy security.

• The European Commission has introduced a new digital sovereignty package aimed at reducing the EU's dependence on large global technology companies. • The initiative shifts focus from mere regulation toward an industrial policy, featuring a Cloud and AI Development Act, a Chips Act 2.0, and a new open-source strategy. • These measures are designed to strengthen European technology capacity, specifically within critical infrastructure and public procurement processes.

• India is introducing the new Industrial Production Index (IIP) Series 2026, which shifts the base year to 2022-23 to better reflect the current economic landscape. • The updated index expands its scope to include modern sectors and products such as vaccines, aircraft parts, gas supply, and rare earth minerals. • These changes are designed to provide policymakers with deeper, more accurate insights into trends within the energy and industrial sectors.