NEWS 12-03-2026. News For 13th-Mar (Friday) *International News* 1. Reliance Industries announced a $300 billion investment to support construction of the first new oil refinery in the United States in 50 years at Brownsville, Texas, strengthening US-India energy cooperation. 2. Iran destroyed a $300 million AN/TPY-2 radar linked to the U.S. THAAD missile defence system at Muwaffaq Salti Air Base in Jordan, dealing a setback to the U.S. missile-defence network in the Middle East. 3. Kathmandu Mayor Balen Shah defeated former Prime Minister K. P. Sharma Oli in a major political contest in Nepal, marking a significant shift in the country’s political landscape. *National News* 1. An Indian Air Force Sukhoi Su-30MKI fighter jet crashed in Karbi Anglong, Assam during a training mission, killing both pilots — Squadron Leader Anuj Vashisth and Flight Lieutenant Purvesh Duragkar. 2. India launched the National Cooperative Export Limited (NCEL) initiatives to boost agricultural exports through cooperative institutions. 3. India faced a commercial LPG supply crisis in several cities due to disruptions in fuel shipments from West Asia amid the Iran–Israel–US tensions, leading to shortages for hotels, restaurants, and industries. *Defence News* 1. Indonesia announced an agreement with India to procure the BrahMos supersonic cruise missile system as part of its military modernization, strengthening defence cooperation between the two countries. 2. India accelerated development of the indigenous Sheshnaag-150 long-range suicide (kamikaze) drone amid lessons from the Iran–Israel conflict, highlighting the growing importance of swarm drone warfare. 3. DRDO and the Indian Navy successfully tested the indigenous Air-Droppable Container ADC-150, designed to deliver 150-kg supplies to naval ships during missions. *Sports News* 1. India won the ICC Men’s T20 World Cup 2026, defeating New Zealand in the final by 96 runs. 2. The Formula 1 2026 season began with the Australian Grand Prix at Albert Park, marking the start of the new F1 championship season. 3. India was selected to host a major international archery event again after more than two decades, signalling its growing role in global archery competitions. < < Back