Anant Swarup appointed Secretary General of Federation of Indian Chambers of Commerce and Industry (FICCI)
[Federation of Indian Chambers of Commerce and Industry]
Key Updates:
- Anant Swarup assumed office as Secretary General of Federation of Indian Chambers of Commerce and Industry (FICCI) on 15 April 2026.
- He is a 1992-batch Indian Railway Personnel Service (IRPS) officer with over 30 years of experience in public policy, trade remedies, logistics, regulatory reform and international negotiations.
- His previous roles include Additional Secretary in the Department of Commerce, Director General of Trade Remedies, Executive Director to the Union Minister of Railways, and First Secretary representing India at the World Trade Organization (WTO) in Geneva.
- He contributed to the National Rail Plan, helped build a large-scale investment pipeline, and launched a real-time passenger grievance redressal platform.
- He holds an MBA from Amity University and a law degree from Chaudhary Charan Singh University, and has completed specialised courses in international trade law and sustainable infrastructure finance.
- FICCI stated that Jyoti Vij continues as Director General after this appointment.
Similar Coverage
- Kushal Das died at the age of 66 at a private hospital in Delhi.
- He served as AIFF general secretary for 12 years before resigning in 2022.
- Das previously held the post of Chief Financial Officer at the International Cricket Council (ICC) and International Management Group (IMG) India.
- He played a key role in organising the 2017 FIFA U-17 World Cup hosted by India.
- Under his tenure, India secured hosting rights for the 2022 AFC Women’s Asian Cup and the 2022 FIFA U-17 Women’s World Cup.
- He facilitated the partnership between AIFF and Football Sports Development Limited (FSDL) leading to the launch of the Indian Super League (ISL).
- The Ministry of Culture (MoC) and the Federation of Indian Chambers of Commerce and Industry (FICCI) signed an MoU on 25 February 2026 to craft a comprehensive strategy for India’s Cultural and Creative Economy.
- Union Culture and Tourism Minister Gajendra Singh Shekhawat stated the agreement positions culture as the foundation of economic prosperity.
- The MoU aims to secure a brighter future for India’s artists and artisans.
- The Minister highlighted that the MoU can help gain global recognition for Indian cultural products and services.
Sanjay Malhotra outlines Reserve Bank of India (RBI) Utkarsh 2029 strategy.
[Reserve Bank of India (RBI)]
Key Updates:
- Sanjay Malhotra is the Governor of the Reserve Bank of India (RBI).
- Utkarsh 2029 is the RBI’s medium-term strategy for April 2026 to March 2029.
- The strategy rests on six pillars: robust regulation, customer-centric and inclusive finance, competitive markets, effective technology, a future-ready organisation, and a global India focus.
- Project Sa-Mudra aims to modernise currency management under Utkarsh 2029.
- The central bank will expand the central bank digital currency (CBDC) for more efficient cross-border payments.
- The unified lending interface (ULI) will be scaled up to widen access to credit.
- The RBI will develop regulatory frameworks for artificial intelligence and quantum computing in the financial sector.
- The framework builds on Utkarsh 2.0 foundations, including internationalisation of the rupee and global expansion of UPI.
Similar Coverage
- The Government of India will launch a Central Bank Digital Currency (CBDC)-based Food Subsidy Distribution Pilot under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Puducherry on 26 February 2026.
- Union Minister for Consumer Affairs, Food and Public Distribution Shri Pralhad Joshi will inaugurate the pilot.
- Eligible PMGKAY beneficiaries will receive food subsidy as programmable CBDC tokens credited directly to their CBDC wallets issued by the Reserve Bank of India (RBI).
- The tokens will be redeemable exclusively for entitled foodgrains and usable only at authorised Fair Price Shops (FPS) and designated merchants.
- The pilot integrates the RBI-issued Digital Rupee into the Direct Benefit Transfer (DBT) framework to create a secure, instant, traceable and programmable subsidy distribution mechanism.
- Implementing partners include the Government of Puducherry, Reserve Bank of India (RBI), Public Financial Management System (PFMS) and Canara Bank as the designated banking partner.
- Following the Puducherry rollout, the pilot will be expanded in a phased manner to additional beneficiaries and other Union Territories based on performance and outcomes.
- UPI processed 228.5 billion transactions in 2025, registering a 33% year-on-year increase.
- UPI transaction value rose 21% to ₹299.74 trillion in 2025.
- Average UPI ticket size declined to ₹1,314 in 2025 from ₹1,437 in 2024.
- UPI QR deployments crossed 731 million in 2025, up from over 633 million in 2024.
- PoS terminals grew 15% year-on-year to 11.48 million in 2025.
- Total card transactions reached ₹28.73 trillion in 2025, up 6% year-on-year.
- Credit card transaction value increased 11% to ₹23.65 trillion in 2025.
- Credit card transaction volumes rose 27% to 5.69 billion in 2025.
- Debit card transaction volumes fell 23% and transaction value declined 13% in 2025.
- Bharat BillPay transaction volumes rose 40% to 3.05 billion in 2025.
- Bharat BillPay transaction value nearly doubled to ₹14.84 trillion in 2025.
- The Reserve Bank of India (RBI) has mandated the use of a Unique Transaction Identifier (UTI) for all Over-the-Counter (OTC) derivative transactions to improve traceability and systemic risk monitoring.
- The new framework for UTI implementation is scheduled to become applicable from 1 January 2027.
- The mandate covers Foreign Exchange (FX) derivatives (forwards and swaps), Rupee interest rate derivatives (overnight index swaps and MIBOR-linked swaps), forward contracts in government securities, and credit derivatives.
- The Clearing Corporation of India (CCIL) is expected to issue detailed operational guidelines for the implementation of the UTI framework in due course.
- Responsibility for generating the UTI will follow a waterfall mechanism, starting with central counterparties or electronic trading platforms, and falling back on the trade repository of the CCIL.
- Routine amendments to derivative contracts will not require a new UTI, but lifecycle events such as novations that create a new reportable trade will trigger fresh identifiers.
- The RBI had previously issued a draft regarding the UTI requirement in October 2025.
- The Reserve Bank of India (RBI) Digital Payments Index (RBI-DPI) for September 2025 stands at 516.76.
- The RBI-DPI was 465.33 in September 2024 and 493.22 in March 2025.
- The index captures digitisation of payments across the country with March 2018 as the base year.
International Monetary Fund (IMF) raises India’s FY27 growth forecast to 6.5%
[International Monetary Fund]
Key Updates:
- The International Monetary Fund (IMF) raised India’s growth forecast for FY27 to 6.5% from 6.4% projected in January and 6.2% in October last year.
- Growth is expected to remain steady at 6.5% in 2027-28, keeping India the fastest-growing economy in both years.
- India’s GDP growth for 2025-26 is estimated at 7.6% based on government projections.
- The IMF projects India’s inflation to rise to 4.7% in FY27 from 2.1% last year, then ease to 4% in 2027-28.
- India’s current account deficit is estimated at 2% of GDP in 2026-27 and 1.6% in 2027-28.
- The Reserve Bank of India (RBI) has projected 6.9% growth for this fiscal.
- The World Bank raised India’s growth outlook for this fiscal to 6.6% from 6.3%.
- The Asian Development Bank (ADB) revised India’s growth estimate to 6.9% from 6.5%.
Similar Coverage
- World Bank upgraded India’s FY27 GDP growth forecast to 6.6%, 30 basis points higher than its October 2025 projection of 6.3%.
- Reserve Bank of India (RBI) projects FY27 growth at 6.9%.
- World Bank expects inflation to rise in FY27 on strong demand, normalising food prices and higher energy prices.
- Government reduced additional excise duty on petrol and diesel by ₹10 per litre and exempted customs duty on critical petrochemical products amid West Asia conflict.
- India’s new free trade agreements with European Union and United Kingdom will double global market access for domestic firms from one-sixth to one-third of global GDP.
- South Asia’s 2026 growth forecast revised upwards by 50 basis points to 6.3%, with India driving the region’s outperformance among Emerging Markets and Developing Economies.
- International Monetary Fund (IMF) raised India’s 2025 growth projection by 0.7 percentage point to 7.3% from 6.6% in October 2025.
- IMF lifted India’s 2026 growth estimate to 6.4% from 6.2%.
- World Bank pegs India’s FY2026 growth at 7.2%, an upward revision of 0.9 percentage points.
- Government estimates India’s GDP growth at 7.4% for FY 2025-26, up from 6.5% last FY.
- IMF projects global growth at 3.3% for 2026 and 3.2% for 2027.
- IMF forecasts US growth at 2.4% in 2026, Euro area at 1.3% in 2026 and 1.4% in 2027, China at 4.5% in 2026 and 4.0% in 2027.
- Global headline inflation seen easing to 3.8% in 2026 and 3.4% in 2027 from 4.1% in 2025.
- Fitch Ratings (Fitch) upgraded India’s Gross Domestic Product (GDP) growth forecast for the Financial Year 2025-26 (FY26) to 7.5% from the previous projection of 7.4%.
- The agency revised the India FY27 growth estimate upward to 6.7% from the earlier projection of 6.4%.
- India’s GDP grew by 7.8% in the third quarter of FY26 and 8.4% in the second quarter, while the FY25 growth was recorded at 7.1%.
- Global GDP growth is projected at 2.6% for 2026, assuming oil prices do not exceed $70 per barrel.
- Inflation in India is projected to reach 4.5% by December 2026.
- The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) maintained the policy rate at 5.25% in February, which Fitch expects to remain unchanged through next year.
- Brian Coulton serves as the Chief Economist of Fitch.
- Moody's (Moody's) forecasts India's real Gross Domestic Product (GDP) will grow by 6.4% in Fiscal Year 2026-27 (FY27).
- India is expected to record the fastest growth pace among the Group of Twenty (G-20) economies according to the ratings agency.
- The Economic Survey 2026 projects India's real GDP expansion to range between 6.8% and 7.2% for FY27.
- The Reserve Bank of India (RBI) has raised its growth projections for FY27 to 6.9% for the first quarter and 7.0% for the second quarter.
- Structural reforms including the rationalisation of the Goods and Services Tax (GST) and income tax reductions are expected to boost domestic consumption.
- A trade agreement reached between India and the United States (US) in February 2026 is anticipated to improve conditions for export-linked Micro, Small and Medium Enterprises (MSMEs).
Housing and Urban Development Corporation Limited (HUDCO) and NBCC (India) Limited sign two MoUs for Delhi redevelopment and asset monetisation.
[Housing and Urban Development Corporation (HUDCO), National Buildings Construction Corporation (NBCC)]
Key Updates:
- HUDCO and NBCC (India) Limited (NBCC) signed two MoUs on 11 April 2026.
- First MoU covers redevelopment of leasehold plot of approx. 18,830 sq mt at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi.
- First MoU includes techno-economic feasibility study, construction, project management, and monetisation of built-up space.
- Second MoU focuses on asset monetisation for NBCC's self-sustainable model projects.
- HUDCO will provide funds for ongoing and upcoming NBCC projects with permission of Government of India.
- NBCC will provide project management and consultancy services under the agreements.
- Each MoU is valid for 2 years from execution date and is subject to annual review.
- Either party can exit the MoUs by giving one month's written notice.
Similar Coverage
- A Memorandum of Understanding (MoU) was signed on 4 February 2026 between Sahakar Taxi Cooperative Limited (STCL) and Delhi Traffic Police to modernise Delhi’s prepaid taxi services.
- The MoU covers 34 prepaid taxi booths located at 21 key points in the national capital.
- Delhi Traffic Police will manage booth operations, recruit staff, verify drivers, ensure passenger safety, and establish a control room mechanism for monitoring and coordination.
- STCL will handle digital integration, financial management including staff salaries, maintenance of booths, and branding initiatives.
- As of 23 March 2026, approximately 130 personnel are engaged in various support and operational roles under the cooperative model.
- STCL operates on a no-profit, no-loss basis under a self-sustaining cooperative framework.
- Union Minister for Finance and Corporate Affairs Nirmala Sitharaman launched the National Monetisation Pipeline 2.0 (NMP 2.0), projecting proceeds of ₹16.72 lakh crore over five years starting April 2025.
- Developed by Niti Aayog, the second phase is based on the Asset Monetisation Plan 2025-30 mandate announced in the Union Budget 2025-26.
- The first phase, NMP 1.0, achieved 89% of its ₹6 lakh crore target during the four-year period from 2021-22 to 2024-25.
- The total monetisation potential of ₹16.72 lakh crore includes private investments estimated at ₹5.8 lakh crore.
- The transport sector is expected to raise ₹4.42 lakh crore through the monetisation of 21,300 kilometres of highways, 15 Multi-Modal Logistics Parks (MMLPs), and six ropeways.
- Estimated sectoral values include Power (₹2.77 lakh crore), Ports (₹2.64 lakh crore), Railways (₹2.62 lakh crore), Coal (₹2.16 lakh crore), and Mines (₹1 lakh crore).
- Other sector targets include Urban Infrastructure (₹52,000 crore), Civil Aviation (₹27,500 crore), Petroleum and Natural Gas (₹16,300 crore), Warehousing and Storage (₹10,000 crore), Telecom (₹4,800 crore), and Tourism (₹1,200 crore).
- Specific projects include listing a minority stake in GAIL Gas and the divestment of Airports Authority of India (AAI) holdings in one subsidiary and four joint-venture airports.
- The pipeline involves auctioning approximately 94 coal mines and leasing 38 land parcels of Bharat Sanchar Nigam Limited (BSNL) on a long-term basis.
- Public-Private Partnerships (PPPs) will serve as a key mode of monetisation to attract private investment and reduce public debt through capital recycling.
- The largest portion of proceeds under NMP 2.0 is expected to accrue to the Consolidated Fund of India.
- The Delhi government signed a memorandum of understanding with Prasar Bharati to develop Delhi as a major media and entertainment industry hub.
- The agreement was signed between Delhi Tourism and Transportation Development Corporation (DTTDC) and Prasar Bharati at Bharat Mandapam on the sidelines of the International Film Festival Delhi (IFFD).
- The project envisions a state-of-the-art integrated film, television, and media hub combining film production, television, and animation, visual effects, gaming, and comics (AVGC) on a single platform.
- Modern studios, post-production facilities, and AVGC hubs will be developed with emphasis on skill development, training, and innovation.
- A joint coordination committee comprising representatives from both sides will oversee planning, financing, and implementation.
- Delhi Tourism Minister Kapil Mishra stated that a forthcoming film policy will offer subsidies for shoots in the city and focus on new technologies such as artificial intelligence.
- Motilal Oswal Home Finance will raise USD 100 million in rupee-equivalent non-convertible debentures from the Asian Development Bank (ADB).
- Part of the funds will provide affordable housing loans to women borrowers.
- Ten per cent of the proceeds will finance residential units that meet recognised green building certification standards.
- Women currently account for only 13 per cent of homeowners according to ADB.
- During the first nine months of FY26 Motilal Oswal Home Finance disbursed Rs 1,303 crore.
- Gross NPA stood at 1.43 per cent as of December 2025.
Securities and Exchange Board of India (SEBI) launches SUPCOMS, e-adjudication portal, and C-SAC platforms
[Securities and Exchange Board of India (SEBI)]
Key Updates:
- Securities and Exchange Board of India (SEBI) Chairman launched three IT platforms on 24 March.
- SUPCOMS replaces email-centric interactions and centralises all official communications with external entities.
- The e-adjudication portal digitally enables quasi-judicial proceedings and allows entities to download Show Cause Notices, submit replies, and attend online hearings.
- C-SAC is an AI-enabled platform that analyses cyber audit reports submitted on the SI Portal, identifies compliance gaps, and provides risk scores to strengthen cybersecurity supervision.
Similar Coverage
- The Karnataka Department of Information Technology and Biotechnology (IT/BT) is establishing a regulatory sandbox framework under the Karnataka Innovation Act to enable the testing and development of emerging technologies.
- The announcement was made at the 20th edition of the India Digital Summit (IDS) 2026, organised by the Internet and Mobile Association of India (IAMAI) in Bengaluru.
- The IDS 2026 was conducted under the theme India’s AI Moment: Leveraging the Intelligent Economy.
- The Karnataka Innovation Authority Act, 2020, provides a legal framework for the temporary relaxation of regulations to promote innovation in Artificial Intelligence (AI) and deep-tech.
- The Internet and Mobile Association of India and Kantar launched the Internet in India Report 2025, which recorded 958 million active internet users in India in 2025.
- The report highlighted an 8% year-on-year growth in internet users, driven by rural adoption, short-video consumption, e-commerce, and AI usage.
- Bajaj Alternate Investment Management (Bajaj Alts) has received SEBI approval to commence portfolio management services (PMS).
- The PMS will target high net-worth individuals (HNIs) and ultra high net-worth individuals (UHNIs).
- Lakshmi Iyer is Group President – Investments and Managing Director & CEO of Bajaj Alts.
- Jitendra Gohil serves as CIO – Listed Equities at Bajaj Alts.
- NITI Aayog released a 10-year roadmap projecting India’s $265 billion technology services sector to scale to $750–850 billion by 2035.
- The roadmap by NITI Aayog’s Frontier Tech Hub identifies five priority growth levers: Agentic AI, Software and Products, Digital Infrastructure, Innovation-led Engineering, and India-for-India solutions.
- Commerce and Industry Minister Piyush Goyal stated that the government is building an enabling ecosystem combining progressive policy, industry partnership, and inter-ministerial coordination to accelerate innovation.
- MeitY Secretary S. Krishnan said India is pursuing a full-stack, impact-driven AI strategy covering energy, infrastructure, chips, models, and applications.
- NITI Aayog CEO B.V.R. Subrahmanyam described the AI transformation as a generational opportunity to create new value pools and strengthen global leadership.
- The Securities and Exchange Board of India (SEBI) held its 213th board meeting in Mumbai on 23 March 2026.
- SEBI amended AIF Regulations 2012 to allow Alternative Investment Funds (AIFs) with no active fund management to retain residual assets for up to 3 years subject to 75% investor approval.
- SEBI introduced net settlement for Foreign Portfolio Investors (FPIs) in the cash market to cut funding and forex conversion costs.
- SEBI expanded retail access to Social Impact Funds (SIFs) by lowering minimum investment and easing disclosure norms.
- SEBI allowed Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) to invest in greenfield projects, hold multiple SPVs, borrow for capex and refinancing, and undertake maintenance expenses.
- SEBI revised fit-and-proper criteria to bar persons with pending FIRs for economic offences or securities law violations and reduced disqualification period to six months in specified cases.
- SEBI mandated SEBI staff to liquidate or freeze personal securities holdings, file initial, annual and event-based conflict disclosures, and recuse from decisions when conflicts arise.
- SEBI approved creation of an Office of Ethics and Compliance (OEC), a digital monitoring system and a whistle-blower framework for stronger conflict-of-interest oversight.
Asian Development Bank (ADB) raises India FY27 growth forecast to 6.9%
[Asian Development Bank (ADB)]
Key Updates:
- Asian Development Bank (ADB) revised India’s FY27 GDP growth forecast upward to 6.9% from 6.5%.
- ADB projects India’s FY26 growth at 7.6% and FY28 growth at 7.3%.
- Reserve Bank of India (RBI) also projects FY27 growth at 6.9%.
- World Bank raised its FY27 India growth estimate to 6.6% from 6.3%.
- ADB expects FY27 inflation at 4.5% and FY28 inflation at 4%.
- Consumption is forecast to remain the primary growth driver in FY27.
- Manufacturing gains are expected from recent trade agreements with the European Union, the United States, and New Zealand.
Similar Coverage
- World Bank upgraded India’s FY27 GDP growth forecast to 6.6%, 30 basis points higher than its October 2025 projection of 6.3%.
- Reserve Bank of India (RBI) projects FY27 growth at 6.9%.
- World Bank expects inflation to rise in FY27 on strong demand, normalising food prices and higher energy prices.
- Government reduced additional excise duty on petrol and diesel by ₹10 per litre and exempted customs duty on critical petrochemical products amid West Asia conflict.
- India’s new free trade agreements with European Union and United Kingdom will double global market access for domestic firms from one-sixth to one-third of global GDP.
- South Asia’s 2026 growth forecast revised upwards by 50 basis points to 6.3%, with India driving the region’s outperformance among Emerging Markets and Developing Economies.
- State Bank of India (SBI) forecasts 8.1% GDP growth for Q3FY26 despite global headwinds.
- High-frequency indicators show strong growth momentum in Q3FY26.
- Rural consumption remained firm on positive farm and non-farm signals.
- Urban consumption rose consistently, helped by fiscal stimulus and higher post-festive spending.
- Ministry of Statistics and Programme Implementation will release second advance GDP estimates for FY26 on 27 February.
- Base year for GDP calculation is being updated from 2011-12 to 2022-23.
- First advance estimates pegged FY26 GDP growth at 7.4%.
- Economic Survey projects FY26 growth around 7% and FY27 growth in the 6.8-7.2% range.
- Crisil Intelligence expects India's real Gross Domestic Product (GDP) growth to moderate to 7.1 per cent in FY27.
- The conflict in West Asia is identified as a downside risk to the economic outlook due to its impact on crude oil and commodity prices.
- Retail inflation is projected to rise to 4.3 per cent in FY27 from an estimated 2.5 per cent in FY26.
- The Reserve Bank of India (RBI) is expected to hold the repo rate steady in FY27 to focus on transmitting the 125 basis points (bps) rate cut implemented in calendar year 2025.
- Headline retail inflation is likely to remain close to the central value of the RBI tolerance band.
- The new Consumer Price Index (CPI) 2024 series has a reduced weight for food, which is expected to contain the upside to headline inflation.
- Export growth is anticipated to maintain momentum, supported by lower United States (US) tariffs relative to FY26 and robust services exports.
- Economic growth will be supported by robust private consumption and a recovery in private capital expenditure (capex) driven by emerging sectors.
- Inflation is expected to normalise assuming a normal monsoon in 2026 and benign food prices.
- Fitch Ratings (Fitch) upgraded India’s Gross Domestic Product (GDP) growth forecast for the Financial Year 2025-26 (FY26) to 7.5% from the previous projection of 7.4%.
- The agency revised the India FY27 growth estimate upward to 6.7% from the earlier projection of 6.4%.
- India’s GDP grew by 7.8% in the third quarter of FY26 and 8.4% in the second quarter, while the FY25 growth was recorded at 7.1%.
- Global GDP growth is projected at 2.6% for 2026, assuming oil prices do not exceed $70 per barrel.
- Inflation in India is projected to reach 4.5% by December 2026.
- The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) maintained the policy rate at 5.25% in February, which Fitch expects to remain unchanged through next year.
- Brian Coulton serves as the Chief Economist of Fitch.
Central Ayurveda Research Institute (CARI) Bengaluru attains ISO 15189:2022 accreditation for biochemistry and haematology
[Central Council for Research in Ayurvedic Sciences (CCRAS)]
Key Updates:
- The clinical laboratory at Central Ayurveda Research Institute (CARI) Bengaluru received ISO 15189:2022 accreditation for biochemistry and haematology.
- CARI Bengaluru is the first institute under Central Council for Research in Ayurvedic Sciences (CCRAS) to achieve ISO 15189:2022 accreditation.
- The laboratory currently holds National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation for 50 test parameters across biochemistry and haematology.
- During 2025-26 the laboratory conducted over 1.52 lakh investigations serving more than 9,300 patients.
- Outpatient department footfall at the institute rose from 18,918 in 2021 to over 51,300 in 2026.
- Laboratory investigations increased from 2,770 tests in 2021 to over 1.55 lakh in 2026.
Similar Coverage
- The Ministry of Education, on the advice of the University Grants Commission (UGC), declared the National Council for Educational Research and Training (NCERT) and its six constituent units as deemed-to-be university under the distinct category.
- The six constituent units are regional institutes of education in Ajmer, Bhopal, Bhubaneswar, Mysuru and Shillong, and the Pandit Sunderlal Sharma Central Institute of Vocational Education in Bhopal.
- The deemed status prohibits NCERT from commercial and profit-making activities and mandates that all academic programmes conform to UGC norms.
- NCERT must obtain UGC approval before starting new programmes, off-campus or offshore centres.
- NCERT has been directed to launch research, doctoral and innovative academic programmes and to participate in the National Institutional Ranking Framework rankings.
- NCERT must create Academic Bank of Credits (ABC) identities for students and upload their credit scores in digital lockers for reflection in the ABC portal.
- The National Council for Educational Research and Training (NCERT) has been declared a deemed-to-be university by the Ministry of Education on the advice of the University Grants Commission (UGC).
- The deemed status covers NCERT and its six constituent units: Regional Institutes of Education in Ajmer, Bhopal, Bhubaneswar, Mysuru and Shillong, and the Pandit Sunderlal Sharma Central Institute of Vocational Education in Bhopal.
- NCERT is now empowered to award its own degrees and must launch research, doctoral and innovative academic programmes.
- All academic programmes must conform to UGC norms and cannot be commercial or profit-making.
- NCERT must participate in National Institutional Ranking Framework rankings and create Academic Bank of Credits identities for its students.
- CA P. V. Narayana Rao has been appointed as a Co-opted Member of the Sustainability Reporting Standards Board (SRSB) of the Institute of Chartered Accountants of India (ICAI) for the term 2026-27.
- He qualified as a Chartered Accountant in 1987 and secured a Gold Medal as University Topper in Bachelor of Commerce (B.Com) from Kakatiya University.
- He served as Chairman of the ICAI Warangal Branch in 2015 and as Co-opted Member of the Public Relations Committee of ICAI (Central Council) in 2016.
- He is currently the Vice President of the Telangana & Andhra Pradesh Tax Bar Association.
- The Sustainability Reporting Standards Board (SRSB) was established by ICAI in February 2020 to develop sustainability reporting standards aligned with the United Nations Sustainable Development Goals (SDGs) 2030.
- No university or college received fresh accreditation from the National Assessment and Accreditation Council (NAAC) during the 2024-2025 academic year.
- NAAC had accredited 1,790 Higher Education Institutions (HEIs) in the 2023-2024 academic year.
- NAAC received accreditation requests from 2,300 institutions for 2024-2025.
- As of 14 August 2025, NAAC had accredited 509 universities, 7,783 colleges, and 290 autonomous colleges.
- This represents less than 20% of about 50,000 colleges and roughly 40% of 1,170 universities in the country.
- The Viksit Bharat Shiksha Adhishthan Bill proposes a new Accreditation Council to oversee state agencies, replacing the Bengaluru-based NAAC monopoly.
- Ten NAAC members were arrested in February 2025 after a Central Bureau of Investigation (CBI) inquiry into bribery allegations for granting A++ accreditation to the Koneru Lakshmaiah Education Foundation in Guntur district, Andhra Pradesh.
- A senior education official stated that the revamped accreditation process is expected to restart within a couple of months.
Amelia Kerr wins ICC Women's Player of the Month award for March
[International Cricket Council]
Key Updates:
- Amelia Kerr captains New Zealand's women's cricket team.
- She won the ICC Women's Player of the Month award for March.
- Her award followed performances with both bat and ball against Zimbabwe and South Africa.
Similar Coverage
- Arundhati Reddy was named ICC Player of the Month for February for her performances in the T20I series in Australia.
- Reddy took 4/22, 2/30 and 2/35 and finished as the leading wicket-taker with eight wickets at an average of 10.87 and economy of 7.25.
- India won the three-match T20I series against Australia 2-1.
- Sahibzada Farhan was named ICC Player of the Month for February for his performances in the men's T20 World Cup.
- Farhan scored 383 runs in seven T20Is at an average of 76.60 and strike rate of 160.25.
- He became the first player to register two centuries in a single edition of the T20 World Cup, against Namibia and Sri Lanka.
- Australia's Mitchell Starc has been named as the winner of the ICC Men's Player of the Month award for December.
- Starc took 16 wickets and scored 139 runs across three Tests in December during the Ashes 2025-26 against England.
- He beat West Indies' Justin Greaves and New Zealand's Jacob Duffy for the award.
- South Africa’s captain Laura Wolvaardt has been awarded the ICC Women’s Player of the Month for December.
- Wolvaardt scored three centuries across formats in the month, including an unbeaten 115 in the opening T20I.
- She accumulated 255 runs in the ODI series at an average of 127.50 and 137 runs in the T20I series.
- Smriti Mandhana retained the top spot in the latest women’s ODI batting rankings released on Tuesday.
- Harmanpreet Kaur remained static at eighth spot in the same rankings.
- Jemimah Rodrigues slipped to 12th position after India lost the three-match ODI series 0-3 against Australia.
- New Zealand skipper Melie Kerr jumped five places to 11th in the ODI bowler rankings after taking seven wickets in the second match against Zimbabwe in Dunedin.
- Melie Kerr also climbed one place to fifth in the ODI all-rounder rankings.
- Brooke Halliday rose eight places to 11th in the ODI batter rankings after scoring 157* from 117 balls in the series opener against Zimbabwe.
- Maddy Green moved up four spots to equal 22nd in the ODI batter rankings after scoring 67 in the first match and an unbeaten 27* in the second match.
- Hasini Perera of Sri Lanka rose 15 spots to 28th in the T20I batter rankings following an unbeaten half-century in the third match against West Indies.
- Imesha Dulani of Sri Lanka climbed 17 rungs to equal 72nd in the T20I batter rankings after an unbeaten 34* in the same match.
- Kavisha Dilhari of Sri Lanka moved up three spots to 21st in the T20I bowler rankings and two places to 11th in the T20I all-rounder rankings.
- Afy Fletcher of West Indies climbed four rungs to seventh in the T20I bowler rankings after taking three wickets in the final two games against Sri Lanka.
Sanju Samson wins ICC Men’s Player of the Month for March 2026
[International Cricket Council]
Key Updates:
- Sanju Samson received the ICC Men’s Player of the Month award for March 2026 after his performances in the 2026 T20 World Cup knockout stages.
- Samson scored an unbeaten 97 against the West Indies in a must-win Super Eights game in Kolkata.
- He followed with consecutive scores of 89 in the semi-final against England in Mumbai and the final against New Zealand in Ahmedabad.
- India defended their T20 World Cup title at home, and Samson was named Player of the Tournament.
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- Australian fast bowler Mitchell Starc was named Leading Cricketer in the World by Wisden Cricketers' Almanack for 2025 after taking 55 wickets in 11 Test matches at an average of 17.32.
- Indian women’s all-rounder Deepti Sharma was named Leading Cricketer in the World by Wisden Cricketers' Almanack for 2025 and was India’s Player of the Tournament in their first ODI World Cup victory.
- India defeated South Africa by 52 runs in the 2025 Women’s ODI World Cup final.
- Deepti Sharma scored 215 runs at an average of 30.71 and took 22 wickets at an average of 20.40 in the 2025 ODI World Cup.
- In the 2025 Women’s ODI World Cup final, Deepti Sharma scored 58 runs off 58 balls and took 5 wickets for 39 runs in 9.3 overs.
- Shubman Gill, Ravindra Jadeja, Rishabh Pant, and Mohammed Siraj were included in Wisden’s Five Cricketers of the Year for their performances in the five-match Test series against England that ended 2-2.
- Shubman Gill scored 754 runs at an average of 75.40 with four centuries in the 2025 India-England Test series.
- Ravindra Jadeja scored 516 runs at an average of 86.00 in the 2025 India-England Test series.
- Rishabh Pant scored 479 runs at an average of 68.43 in the 2025 India-England Test series.
- Mohammed Siraj took 23 wickets at an average of 32.43 in the 2025 India-England Test series.
- Shubman Gill received the Wisden Trophy for the outstanding individual performance of the year for scoring 430 runs in the second Test at Edgbaston.
- Abhishek Sharma was named Leading T20 Player globally after scoring 1602 runs in 40 matches at an average of 41.07 and a strike rate of 202.01 in 2025.
- Haseeb Hameed was the sole English player named among the Five Cricketers of the Year after scoring 1,258 runs at an average of 66.00 for Nottinghamshire in the County Championship.
- Arundhati Reddy was named ICC Player of the Month for February for her performances in the T20I series in Australia.
- Reddy took 4/22, 2/30 and 2/35 and finished as the leading wicket-taker with eight wickets at an average of 10.87 and economy of 7.25.
- India won the three-match T20I series against Australia 2-1.
- Sahibzada Farhan was named ICC Player of the Month for February for his performances in the men's T20 World Cup.
- Farhan scored 383 runs in seven T20Is at an average of 76.60 and strike rate of 160.25.
- He became the first player to register two centuries in a single edition of the T20 World Cup, against Namibia and Sri Lanka.
- International Cricket Council (ICC) named Pakistan opener Sahibzada Farhan ICC Men’s Player of the Month for February 2026.
- Farhan scored 383 runs in seven matches (six innings) at the ICC Men’s T20 World Cup 2026 in Sri Lanka at an average of 76.60.
- He hit two centuries and two half-centuries and finished as the tournament’s highest run-scorer.
- Farhan became the first batter to score two centuries in a single edition of the men’s T20 World Cup, with tons against Namibia and Sri Lanka.
- He broke Virat Kohli’s longstanding record for most runs in a single T20 World Cup edition.
- Farhan reached a career-high second position in the ICC Men’s T20I batting rankings after scoring a century against Sri Lanka in Pallekele.
- He shared a record 176-run partnership with Fakhar Zaman, the highest for any wicket in T20 internationals.
- Last Pakistan male player to win the monthly ICC award was Haris Rauf in November 2024.
- Australia's Mitchell Starc has been named as the winner of the ICC Men's Player of the Month award for December.
- Starc took 16 wickets and scored 139 runs across three Tests in December during the Ashes 2025-26 against England.
- He beat West Indies' Justin Greaves and New Zealand's Jacob Duffy for the award.
Doordarshan and ICCR sign MoU for global cultural outreach on April 7
[Doordarshan, Indian Council for Cultural Relations]
Key Updates:
- Doordarshan (Prasar Bharati) and the Indian Council for Cultural Relations (ICCR) signed a Memorandum of Understanding (MoU) on April 7 at Doordarshan Bhawan in New Delhi.
- The agreement was signed by Doordarshan Director General K. Satish Nambudiripad and ICCR Director General K. Nandini Singla.
- The partnership aims to strengthen India’s cultural diplomacy by showcasing cultural programmes through television, radio, Over-the-Top (OTT) platforms, and social media.
- The MoU will remain in force for a duration of three years, with the possibility of extension by mutual consent.
- The agreement establishes joint ownership of content rights in perpetuity, including digital rights, for both organisations.
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- The Delhi government signed a memorandum of understanding with Prasar Bharati to develop Delhi as a major media and entertainment industry hub.
- The agreement was signed between Delhi Tourism and Transportation Development Corporation (DTTDC) and Prasar Bharati at Bharat Mandapam on the sidelines of the International Film Festival Delhi (IFFD).
- The project envisions a state-of-the-art integrated film, television, and media hub combining film production, television, and animation, visual effects, gaming, and comics (AVGC) on a single platform.
- Modern studios, post-production facilities, and AVGC hubs will be developed with emphasis on skill development, training, and innovation.
- A joint coordination committee comprising representatives from both sides will oversee planning, financing, and implementation.
- Delhi Tourism Minister Kapil Mishra stated that a forthcoming film policy will offer subsidies for shoots in the city and focus on new technologies such as artificial intelligence.
- The Ministry of Culture (MoC) and YouTube signed an MoU on 25 March 2026 to train folk, tribal and traditional artists in digital content creation, intellectual property rights, monetisation and audience engagement.
- YouTube will act as knowledge partner and host specialised training sessions with IGNCA, Sangeet Natak Akademi, National School of Drama (NSD), zonal cultural centres and Kalakshetra Foundation.
- The initiative will provide recording equipment where feasible, co-develop localised educational material and identify mentors through MoC’s autonomous institutions.
- A joint task force under the MoC will guide execution and impact assessment of the programme focused on the folk music creative economy.
- Last year 15 per cent of content created on YouTube in India was watched by global audiences.
- The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the Indo Canada Chamber of Commerce (ICCC) signed an MoU on Monday during the India-Canada Business Roundtable held in New Delhi.
- The MoU provides a framework for collaboration to strengthen trade, investment, and economic cooperation between members of both organisations.
- Both organisations will facilitate exchange of information on trade policies, economic laws, and investment opportunities in India and Canada.
- Joint initiatives under the MoU include trade missions, business delegations, exhibitions, seminars, conferences, and workshops.
- Notable attendees included Anil K Agarwal (Past President & Chairman, ASSOCHAM International Council), Kam Rathee (Chair of the Advisory Board, ICCC), Prashant Srivastava (President, ICCC), Kunwar Shekhar Vijendra (Chairman, ASSOCHAM National Council on Education), Ed Jager (Trade Commissioner, High Commission of Canada to India), and Nina Tangri (Associate Minister of Small Business, Government of Ontario).
- Ministry of Culture (MoC) Secretary Vivek Aggarwal launched the upgraded Indian Culture portal in New Delhi on 06-03-2026.
- The portal features an AI-powered chatbot named 'Bharti' integrated with the Government of India's Bhashini platform to respond in 22 Indian languages.
- It offers 46 curated cultural categories and new sections such as Iconic Battles of India, Folktales of India, Healing Through the Ages, Legendary Figures of India, and Classical Dances of India.
- The upgraded portal functions as a Progressive Web App (PWA) enabling app-like access across devices without app store downloads.
- It includes 3D walkthroughs and 360-degree virtual tours of heritage monuments and interactive cultural games, quizzes, puzzles, and crosswords for all age groups.