BUSINESS
9 June 2026 BUSINESS
Hindustan Unilever Ltd has inaugurated the Unilever Fragrance Hub (UFH) at the IIT Bombay. This is the third such global facility for the company, after the ones in the UK and the USA.
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Recent Current Affairs related to IIT Bombay
DEFENCE
6 June 2026 DEFENCE
The Indian Air Force (IAF) has signed three contracts with the IIT Bombay to indigenously develop AI-driven predictive maintenance technologies.
This initiative includes the development of a digital diagnostic health index for the Sukhoi Su-30MKI fighter aircraft fleet. The Su-30MKI is a twin-engine, multi-role fighter aircraft developed by Sukhoi, Russia, and customised for India by Hindustan Aeronautics Ltd (HAL).
BANKING
28 May 2026 BANKING
The National Commodities and Derivatives Exchange Ltd (NCDEX) has launched the first exchange-traded weather derivatives contract in India, named “RAINMUMBAI”, marking the entry of the country into a regulated weather-risk trading market.
Scheduled for implementation in June 2026, the contract is designed to hedge the financial exposure of rainfall extremes and variability in Mumbai. It was developed in collaboration with the IIT Bombay and is based on official rainfall data from the India Meteorological Department. The contract features a tick size of 1 millimeter (mm) with a lot multiplier of ₹50 per mm and a maximum order size of 50 lots.
SCIENCE
16 May 2026 SCIENCE
Union Minister Dharmendra Pradhan has inaugurated the first Integrated Carbon Capture, Utilisation and Storage (CCUS) field laboratory facility in India at the IIT Bombay.
The facility is established under the ‘Bharat Innovates 2026’ initiative to advance research and development in carbon management. It is to be noted that the CCUS technology used in the laboratory is being promoted by UrjanovaC.
AGREEMENTS
13 May 2026 AGREEMENTS
The Maritime India Foundation (MIF), the implementing agency for the Sagarmala Startup Innovation Initiative, has signed MoUs with the IIT Madras, IIT Bombay, and the Indian Maritime University (IMU) to establish Maritime Innovation Hubs (MIH).
The agreement marks the transition of the initiative into its execution phase. Under the partnership, the MIHs will mentor 36 startups that are currently developing 40 priority innovation projects to address critical challenges in the maritime sector of India.
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"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
"The memorising technique in the Scoreclever automatically stores the news in my mind and it saves time."
"It is very helpful platform to study current affairs. It has memory technique which saves lots of time during preparartion."
"Came across Editorial Vocabulary podcast video accidentally and really loved the idea. Its really useful for my preparation."
"Wonderful session. Thank you so much and really hats off to you for making current affairs and editorial an easy one."
"This is one the best app for Current Affairs. The content is cut and short whichever is required and is easy to remember with flashcards."
"Thx to daily quizzes. It played a big role in revisions. April 2024 - April 2025 I missed quizzes 3 or 4 days only. It's that interesting."
"Best app to learn current affairs in an effective way. I usually forgot current affairs easily and now I can easily remember everything."
"I studied current affairs only in Scoreclever and its really a time saver. Thanks Scoreclever team for all your efforts."
"Just wow. Haven't seen anyone explaining editorials like this. Crystal clear explanations with word by word. Thanks so much."
"This app is very useful to the persons who find difficult to go through the bunch of PDFs, and spending lots of time for revision."
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