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CURRENT AFFAIRS DAILY DIGEST – 2026-03-29


G7 Group

G7 Group

Recently, India’s External Affairs Minister met the French President Emmanuel Macron on the sidelines of the G7 Foreign Ministers’ Summit.

The Group of Seven (G7) is an informal grouping of seven of the world’s advanced economies.

  • It was established in 1975 in response to the oil crisis.

Members

Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States

  • Russia joined the group in 1998, temporarily turning it into the G8.
  • In 2014, the group reverted to the G7 format.

Scope

  • Initially, the G7 focused only on issues related to the global economy.
  • Now, it covers a broad range of global issues such as foreign policy, security, trade, climate change, and development.

Governance

  • It has no permanent secretariat, formal procedures, or administrative structure.
  • Its presidency rotates annually among member states.
  • The European Union (EU) does not hold the rotating presidency of the G7.
  • The agenda and priorities of the G7 are determined by the country holding the presidency.
  • Decisions are usually taken by consensus.

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Biotechnology Research and Innovation Council (BRIC)

Biotechnology Research and Innovation Council (BRIC)

The inaugural meeting of the Biotechnology Research and Innovation Council–Research Advisory Board (BRIC-RAB) was held on 27th and 28th March 2026 at the Regional Centre for Biotechnology (RCB), Faridabad.
The key highlights of this meeting are as follows:

About Biotechnology Research and Innovation Council (BRIC)

  • It is an apex autonomous body established as a registered society.
  • It has been formed by subsuming 14 autonomous institutes of the Department of Biotechnology (DBT).
  • BRIC aims to provide a centralized and unified governance mechanism for the administration of its research institutions through intra-mural core grants.
  • It promotes multidisciplinary research in areas of strength within DBT institutions, ranging from basic discovery to application.
  • BRIC seeks to nurture the next generation of scientific leaders by enabling the pursuit of knowledge and innovation in globally competitive and nationally relevant ecosystems.

Objectives of BRIC

  • To promote cutting-edge research in biotechnology aligned with national priorities
  • To foster innovation and translation across institutions
  • To develop indigenous technologies and capabilities in line with the principles of Atmanirbhar Bharat

Nodal Ministry

  • Ministry of Science and Technology

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