Securities and Exchange Board of India (Sebi) launches Verified App Label with Google to curb digital fraud
[Securities and Exchange Board of India]
Key Updates:
- Securities and Exchange Board of India (Sebi) introduced the Verified App Label Initiative in collaboration with Google to help investors identify genuine trading and investment apps on the Google Play Store.
- Sebi Chairman Tuhin Kanta Pandey stated the initiative is designed to reinforce trust and safety in India’s digital investment ecosystem.
- India’s securities market has over 140 million unique investors and a market capitalisation of nearly ₹423 trillion.
- Sebi has escalated over 1.3 lakh instances of misleading investment-related content for takedown and flagged 66 fake trading apps, which have been removed from app stores.
- Sebi has also implemented an API-based framework to ensure only verified intermediaries can run advertisements.
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- 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.
- Securities and Exchange Board of India (SEBI) has removed more than 1.2 lakh misleading social media posts by unregistered financial influencers.
- SEBI’s in-house AI tool 'Sudarshan' tracks multilingual audio, video, and other content to detect violations.
- SEBI norms mandate that only entities registered with SEBI can give investment advice.
- SEBI introduced a pop-up warning that 9 out of 10 investors lose money in options trading.
- Union Budget raised Securities Transaction Tax (STT) on futures to 0.05% from 0.02% and on options premium to 0.15% from 0.1%.
- The Department of Posts (DoP) and SIDBI signed an MoU for Contact Point Verification (CPV) of Informal Micro Enterprises registered on the Udyam Assist Platform.
- India Post will leverage its 1.64 lakh Post Offices to conduct on-ground CPV including physical verification of business existence, location, activity and key business parameters.
- SIDBI will integrate CPV reports into the Udyam Assist Platform to strengthen data credibility and enable informed credit decisions for informal micro enterprises.
- A dedicated digital CPV mobile application will drive the initiative, ensuring speed, transparency and nationwide scalability.
- The MoU is valid for two years from 31 December 2025 to 30 December 2027, with provisions for extension and includes clauses on data confidentiality, dispute resolution and termination.
NCW and Truecaller launch TrueCyberSakhi Digital Safety Toolkit to enhance Women's Online Security
[National Commission for Women]
Key Updates:
- The National Commission for Women (NCW) and Truecaller launched a nationwide Women’s Digital Safety Awareness Initiative on 25 March 2026 at Sushma Swaraj Bhawan, New Delhi.
- The collaboration introduced an interactive digital safety resource titled TrueCyberSakhi: A Digital Safety Toolkit, Created for Her, to equip women with practical knowledge for navigating online spaces.
- The toolkit features interactive modules, quizzes, and self-assessment tools covering digital safety concerns such as spam, phishing, impersonation, harassment, and financial fraud.
- Truecaller has verified the NCW 24x7 helpline number on its Government Directory Service (GDS) to enhance the authenticity and visibility of the official support channel.
- The NCW is an autonomous statutory body established under the National Commission for Women Act, 1990, to protect and promote the rights of women.
- The initiative aims to strengthen pathways to institutional redressal by providing clear guidance on how women can access the NCW 24x7 helpline in cases of digital harm.
- The partnership includes a coordinated digital and social media awareness campaign to promote responsible digital participation and safer communication habits.
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- Safeena Husain, founder of the non-profit Educate Girls, has been selected as one of the TIME Women of the Year 2026.
- TIME magazine announced the annual list recognising women leaders driving global change.
- Husain’s organisation works to enrol out-of-school girls and improve learning outcomes in rural India.
- The TIME Women of the Year list for 2026 highlights 12 women across fields including activism, science and business.
- Kerala Infrastructure and Technology for Education (KITE) published the 'Cyber Safety Protocol 2026' to create a secure digital learning environment in public schools.
- The protocol lists 13 core objectives including awareness on sharing confidential data with Generative AI and cultivating critical thinking toward digital content.
- It defines nine operational areas covering academic AI integration, administrative data management and maintenance of secure online learning spaces.
- School heads must ensure 17 mandates such as teacher-supervised internet access during school hours and formation of School Cyber Security Committees.
- Teachers are advised to avoid homework requiring internet and must provide school-based access for programmes like 'Key to Entrance'.
- Students receive 25 safety guidelines including identifying suspicious links, protecting live locations on social media and managing permissions in online gaming.
- Parents are given 16 actionable guidelines on screen time management, understanding digital footprints and using monitoring tools like Family Link.
- The framework integrates protections from IT Act 2000, DPDP Act 2023 and POCSO Act and incorporates 2026 IT rule amendments on Synthetically Generated Information (SGI).
- It details 20 major cyber threats such as deepfakes, AI grooming and 'digital arrest' along with legal contexts and precautions.
- The Ministry of Women and Child Development (MWCD) will organise the National Conference on Safety of Women at Workplace, SHe-Box at Vigyan Bhawan in New Delhi.
- The conference aims to strengthen the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH Act).
- Union Women and Child Development Minister Annpurna Devi and Minister of State Savitri Thakur will attend the event to administer a National Workplace Safety Pledge.
- The MWCD launched the SHe-Box portal in August 2024 as a multilingual single-window platform for online complaint filing and real-time tracking.
- The portal serves as a resource hub for workplaces to upload compliance-related information, including Internal Committee details and annual reports under the POSH Act.
- The platform ensures strict confidentiality and automatic forwarding of complaints to the concerned Internal or Local Committee to enhance accountability.
- The Centre for Development of Telematics (C-DOT) received global recognition at the Mobile World Congress 2026 held in Barcelona, Spain.
- C-DOT’s indigenous AI-driven fraud detection solution, Fraud Pro, made it a top finalist at the Global Mobile Awards in the category of Best Network Security and Fraud Prevention.
- The Ministry of Communications stated that the recognition marks India’s growing role in shaping next-generation telecom technologies.
- The Ministry added that the global acknowledgement highlights India’s capability to develop advanced cybersecurity and fraud prevention solutions for large-scale digital networks.
BHASHINI–PFRDA MoU integrates multilingual AI and voice technologies into India’s pension ecosystem
[Pension Fund Regulatory and Development Authority]
Key Updates:
- Digital India BHASHINI Division (DIBD) and Pension Fund Regulatory and Development Authority (PFRDA) signed a strategic MoU under the initiative 'BHASHINI for Seva / Sanchalan – A BHASHINI Sahayogi Program'.
- The collaboration enables seamless access to pension services in all 22 scheduled Indian languages.
- PFRDA platforms will use BHASHINI translation APIs for real-time multilingual content, AI-driven language models for contextual communication, and voice-enabled interfaces to simplify user interaction.
- The integration aims to bring first-time savers into the pension ecosystem, improve financial literacy, and enhance trust and engagement with digital platforms.
- BHASHINI, developed under the Digital India programme, provides real-time translation across Indian languages, speech-to-text and text-to-speech systems, and AI models adaptable to sector-specific needs.
- The MoU includes structured enrichment of linguistic datasets to improve accuracy and contextual understanding of AI models and enable domain-specific customisation for pension-related communication.
- Voice-based access will allow users to seek pension information through spoken queries, navigate services without complex interfaces, and interact with systems in natural, conversational language.
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- ICICI Prudential Pension Funds Management Company introduced the Swasthya Pension Scheme under the Pension Fund Regulatory and Development Authority (PFRDA) regulatory sandbox framework.
- Subscribers can make multiple withdrawals of up to 25 per cent of their own contributions.
- In medical emergencies exceeding 70 per cent of the corpus, premature closure is allowed with payments made directly to the healthcare provider.
- For the sandbox phase, the healthcare network is anchored by Apollo Hospitals and services are accessible through the Apollo 24/7 app, pharmacies, hospitals and diagnostic centres.
- Physical pharmacies and hospitals under the scheme are currently limited to Bengaluru and Hyderabad during the pilot.
- KFin Technologies is the digital partner for the initiative.
- The Government of Madhya Pradesh and the Digital India BHASHINI Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY) signed a Memorandum of Understanding (MoU) to enable multilingual digital governance.
- Chief Minister Dr Mohan Yadav announced that Madhya Pradesh will soon introduce a State AI Policy in mission mode, aimed at accelerating responsible and inclusive AI adoption across departments.
- The MoU formalises the integration of BHASHINI’s language technologies, translation APIs and AI-powered language tools across state government digital platforms to ensure wider and more equitable access to public services in multiple Indian languages.
- The partnership aims to support the deployment of voice-first and multilingual AI solutions across the digital governance ecosystem of Madhya Pradesh to strengthen accessibility and last-mile service delivery.
- The collaboration was announced during the Madhya Pradesh Regional AI Impact Conference 2026 held in Bhopal on 15-01-2026.
- Pension Fund Regulatory and Development Authority (PFRDA) has introduced NPS Swasthya on a pilot basis to help subscribers build a separate health corpus within their pension account.
- Any Indian citizen can voluntarily enrol in NPS Swasthya and contribute any amount without an upper limit through their chosen pension fund manager.
- Existing non-government NPS subscribers above 40 years can transfer up to 30% of their total contributions from Common Account to Swasthya Account.
- Subscribers can withdraw up to 25% of their own contributions per instance for medical expenses after accumulating a minimum corpus of Rs 50,000.
- For critical hospitalisation bills exceeding 70% of the Swasthya corpus, 100% lump-sum withdrawal is allowed under the premature exit option.
- Withdrawn amounts are paid directly to the Health Benefit Administrator (HBA) or Third Party Administrator (TPA) against valid medical bills, and any surplus is transferred back to the Common Scheme Account.
- The scheme operates under PFRDA's Regulatory Sandbox Framework with limited enrollment, and if found unviable, the accumulated corpus can be transferred back to the Common Account without loss.
- The Pension Fund Regulatory and Development Authority (PFRDA) issued the circular on Tuesday.
- The pilot NPS Swasthya Pension Scheme operates under the Regulatory Sandbox Framework as a proof of concept.
- Subscribers can withdraw up to 25 per cent of their own contributions for medical expenses with no cap on the number of withdrawals.
- A minimum accumulated corpus of Rs 50,000 is required before the first withdrawal.
- Full premature exit with 100 per cent lump sum is allowed if inpatient medical expenses exceed 70 per cent of the total corpus in a single instance.
- Subscribers above 40 years (excluding government sector) may transfer up to 30 per cent of contributions from their existing NPS common account to the Swasthya Pension Scheme account.
- Pension funds (PFs) must obtain prior PFRDA approval and may partner with fintech firms, health benefit administrators (HBAs), or third-party administrators (TPAs).
- The pilot runs for a limited period with a restricted subscriber base; unviability will allow corpus transfer back to the common NPS account.
DPIIT-Razorpay MoU empowers startups with zero-fee incorporation, mentorship and fintech tools
[Department for Promotion of Industry and Internal Trade, Razorpay]
Key Updates:
- Department for Promotion of Industry and Internal Trade (DPIIT) partnered with Razorpay on 26 Mar 2026 to provide financial tools, founder enablement programmes and ecosystem support to startups.
- Startup Sahayak platform launched to give end-to-end assistance including company incorporation, access to central and state government schemes, funding guidance and structured interface for ecosystem support.
- DPIIT-recognised startups will receive incorporation support with zero professional fees, excluding applicable government charges.
- Selected startups will be onboarded into curated founder communities for peer learning, networking and domain-specific support in engineering, hiring and marketing.
- Knowledge sessions on applied artificial intelligence, marketing, product development and financial management will be conducted through Startup India Hub.
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- Department for Promotion of Industry and Internal Trade (DPIIT) signed an MoU with Blue Star Limited on 24 March 2026.
- The partnership targets startups, innovators, and entrepreneurs in HVAC technologies, digital solutions, advanced manufacturing, and supply chain innovation.
- Startups will gain access to industry mentorship, R&D facilities, testing infrastructure, and pilot opportunities.
- The initiative supports proof-of-concept development and integration into existing industry value chains.
- DPIIT and Blue Star will organise innovation challenges and hackathons under the Bharat Startup Grand Challenge focused on manufacturing, HVAC, and digital technologies.
- The MoU was signed by T. L. K. Singh, Deputy Secretary, DPIIT, and B Thiagarajan, Managing Director, Blue Star Limited.
- Among 2.12 lakh entities recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT), over 1.02 lakh have at least one woman director or partner.
- Alternative Investment Funds (AIFs) have invested ₹2,995 crore in women-led startups since 2020.
- The Startup India Seed Fund Scheme has approved ₹294 crore for women-led ventures out of ₹592 crore sanctioned since 2021.
- Under the Credit Guarantee Scheme for Startups, loans of ₹925 crore have been guaranteed since April 2023, including ₹39 crore for women-led startups.
- Of the 6,789 recognised startups that are closed, 2,950 had at least one woman director or partner.
- National Startup Day is observed every year on January 16 across the country.
- India currently ranks as the third-largest startup ecosystem globally, with over 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of early 2025.
- DPIIT-recognised startups have generated over 16.6 lakh direct jobs across sectors as of October 31, 2024.
- Prime Minister Narendra Modi celebrated the tenth anniversary of the Startup India Movement on National Startup Day.
- He congratulated stakeholders and highlighted the courage, spirit of innovation and entrepreneurial zeal of India’s youth powering India’s rise in the global startup ecosystem.
- Modi emphasized reforms creating a conducive atmosphere for startups to venture into areas like space and defence.
- He noted Indian startups are contributing to Atmanirbhar Bharat by turning youth into problem solvers.
- The Prime Minister acknowledged the role of mentors, incubators, investors and academic institutions in supporting startups.
- Startup India was launched on 16 January 2016 to nurture innovation and promote entrepreneurship.
- Over the past decade more than 2,00,000 startups have been recognised across India, driving employment and innovation-led economic growth.
BRICS CCI WE Summit 2026 held in New Delhi from March 21 to 23
[BRICS Chamber of Commerce and Industry]
Key Updates:
- The 6th edition of the BRICS Chamber of Commerce and Industry (BRICS CCI) Women Empowerment (WE) Annual Women’s Summit & Felicitations 2026 was held in New Delhi from March 21 to 23.
- The summit theme was 'Women in Innovation, Science Leadership, Innovation & Entrepreneurship (WISE) – Inspiring Change, Shaping Tomorrow'.
- Ruby Sinha, President of BRICS CCI WE, launched the commemorative coffee table book 'WISE Collective: Echoes of Excellence' during the summit.
- A memorandum of understanding was signed with SEBRAE, Brazil’s Micro and Small Business Support Service, to enhance collaboration for women-led enterprises.
- The convocation ceremony of the third edition of the BRICS CCI WE Global Women Leadership Programme took place at the summit.
- Mission ShakthiSAT was unveiled by Meenakshi Lekhi, former Minister of State for External Affairs and Global Chair of the initiative.
- Actor Shabana Azmi received the BRICS CCI WE Trailblazer: Living Legend recognition for her five decades in Indian cinema.
- Debjani Ghosh, Distinguished Fellow at NITI Aayog and former President of NASSCOM, was conferred the Lifetime Achievement recognition.
- Kalpana Murmu Soren, MLA from Gandey, Jharkhand, was recognised as the BRICS CCI WE Inspiring Woman of the Year.
- Actor and climate advocate Bhumi Pednekar was felicitated as a BRICS CCI WE Woman Icon.
Similar Coverage
- India formally launched the logo and official website for its BRICS Presidency 2026 in New Delhi.
- The logo is inspired by the lotus, India’s national flower, with inner petals forming two hands in a Namaste gesture.
- Five petals are coloured to represent the founding BRICS members: Brazil, Russia, India, China and South Africa.
- External affairs minister S Jaishankar stated the theme underscores strengthening capacities, promoting innovation and ensuring sustainable development.
- India’s 2026 BRICS chairship priorities are resilience, innovation, cooperation and sustainability across political-security, economic-financial and cultural-people-to-people pillars.
- India joined the BRICS Centre for Industrial Competencies (BCIC) on 4 February 2026.
- BCIC was launched by the United Nations Industrial Development Organisation (UNIDO) in 2025.
- The National Productivity Council (NPC) has been designated as the India Centre for BCIC.
- A trust fund agreement formalising India’s participation was signed between the Department for Promotion of Industry and Internal Trade (DPIIT) and UNIDO.
- The agreement was signed by Economic Adviser, DPIIT, Agrim Kaushal, and Director, UNIDO, Cristiano Pasini.
- NPC will operate under DPIIT’s policy direction to support capacity building and manufacturing-related initiatives for MSMEs within the BRICS framework.
- The launch event was presided over by Secretary, DPIIT, Amardeep Singh Bhatia.
- Attendees included senior officials from DPIIT, the Ministry of MSME, the Ministry of External Affairs, UNIDO representatives, and the Federation of Indian Chambers of Commerce and Industry (FICCI).
- The first meeting of BRICS Sherpas and Sous Sherpas under India’s Chairship was held from 9-10 February 2026 in New Delhi.
- Secretary (Economic Relations) Sudhakar Dalela, India’s BRICS Sherpa, chaired the meeting, supported by Joint Secretary (Multilateral Economic Relations) Shambhu L Hakki, India’s BRICS Sous Sherpa.
- BRICS Sherpas and senior officials from Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, Saudi Arabia, South Africa and UAE participated in the meeting.
- India presented its 2026 Chairship priorities under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'.
- Ministries outlined proposed activities in health, agriculture, labour and employment, disaster risk reduction, environment, climate change, energy, innovation, ICT, security and counter-terrorism, economic and financial domains.
- Presentations on people-centric initiatives included sports, youth connect, cultural engagements, BRICS Academic Forum, BRICS Think Tank Council, BRICS Civil Forum, BRICS Business Council and BRICS Women’s Business Alliance.
- BRICS Members and Partner countries appreciated India’s theme and priorities and shared perspectives on advancing resilience, innovation, cooperation, sustainability and a people-centric approach.
- Delegates visited the National Crafts Museum & Hastakala Academy and Akshardham Temple during the meeting.
- India is scheduled to host the India-AI Impact Summit 2026 in New Delhi from February 16 to 20, 2026.
- The Summit is organised under the leadership of Prime Minister Narendra Modi and is built around three foundational Sutras: People, Planet, and Progress.
- The event will see participation from ministerial-level delegations representing over 45 countries and the United Nations (UN) Secretary General.
- Confirmed attendees from Europe include President Emmanuel Macron (France), President Pedro Sanchez Perez-Castejon (Spain), Prime Minister Petteri Orpo (Finland), Prime Minister Kyriakos Mitsotakis (Greece), Prime Minister Andrej Plenkovic (Croatia), President Alar Karis (Estonia), President Peter Pellegrini (Slovakia), President Aleksandar Vucic (Serbia), President Guy Parmelin (Switzerland), Prime Minister Dick Schoof (Netherlands), and Hereditary Prince Alois (Liechtenstein).
- Leaders from the Americas and Asia-Pacific attending include President Luiz Inacio Lula da Silva (Brazil), Vice President Edmand Lara Montano (Bolivia), Vice President Dr. Bharrat Jagdeo (Guyana), Prime Minister Tshering Tobgay (Bhutan), President Anura Kumara Disanayaka (Sri Lanka), and Prime Minister Olzhas Bektenov (Kazakhstan).
- Participants from Africa, the Indian Ocean, and the Middle East include Prime Minister Dr. Navinchandra Ramgoolam (Mauritius), Vice President Sebastien Pillay (Seychelles), and Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan (United Arab Emirates).