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    India and Republic of Uzbekistan sign Bilateral Investment Treaty in Tashkent
    Measures by MCA to address concerns and guide stakeholders for compliances on MCA21 Portal
    NPS Vatsalya: A Groundbreaking Pension Scheme for Minors
    Union Finance Minister Smt. Nirmala Sitharaman launches NPS Vatsalya in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman chairs 2nd meeting to review Capital Expenditure (Capex) for Ministry of Railways, in New Delhi
    Union Finance Minister Smt. Nirmala Sitharaman to launch NPS Vatsalya Scheme on September 18, 2024
    National Conference on Responsible Business Conduct by IICA concluded in New Delhi
    IICA concludes third batch of ESG Professional-Impact Leader Programme with BRSR Core Workshop
    Union Minister of State for Corporate Affairs Shri Harsh Malhotra and Justice (Retd.) Shri Dipak Misra, Former Chief Justice of India, inaugurate Nati...
    Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review the Capital Expenditure (Capex) for Ministry of Road, Transport and Highways a...
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    September 27, 2024
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    Investor protection secured through treaty: minimum standards, non discrimination and arbitration with regulatory space preserved.
    The Bilateral Investment Treaty between India and Uzbekistan assures reciprocal investor protection by providing a minimum standard of treatment, non-discrimination, protection against expropriation, transparency obligations, and guarantees for transfers and compensation; it also provides for independent arbitration for investor-state disputes while preserving the State's right to regulate.
    September 25, 2024
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    Online filings portal compliance strengthened: special grievance team to expedite stakeholder issues and provide guidance.
    A system of regular review of stakeholder concerns on the MCA-21 Portal has been formalised, using emails, helpdesk tickets, chatbot and social media inputs. A special grievance team will prioritise urgent issues, recommend systemic solutions for recurrent problems, and provide guidance to companies and LLPs to facilitate statutory compliances via the online portal.
    September 20, 2024
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    Minor-focused pension scheme enables guardian-managed accounts with seamless transition to adult NPS and mandated KYC.
    The scheme establishes guardian-operated accounts in the minor's name with required identity and address documentation and PAN/Form 60, accepted through registered PoPs or eNPS. It mandates a minimum opening and periodic contribution with no upper limit, permits selection among Default, Auto Choice lifecycle funds and an Active Choice with specified asset allocation caps, and provides automatic conversion to the NPS Tier-I All Citizen model when the minor reaches eighteen, requiring a fresh KYC within a short specified period after attaining majority.
    September 19, 2024
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    Pension eligibility for minors enables parental operation of accounts and conversion to standard pensions at majority.
    The government launched a pension scheme for minors permitting accounts in a minor's name operated by a parent or guardian, with enrollment via authorised Points of Presence and an online platform. A minimum annual contribution is required and there is no maximum limit. Subscribers may choose among multiple investment allocations across government securities, corporate debt and equity. On reaching majority, accounts convert into the standard pension system account, supporting early saving, compounding benefits, and expanded pension coverage through coordinated outreach and literacy efforts.
    September 18, 2024
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    Capital expenditure review urges expedited railway capacity, safety and conversion of rolling stock to modern standards.
    The Finance Minister directed prioritized capital expenditure to accelerate railway capacity augmentation, doubling and electrification, lay new lines as per Budget allocations, and convert 40,000 conventional bogies to Vande Bharat standards to improve safety and commuter convenience. The Ministry reported 434 projects identified under three Economic Railway Corridors totalling about 40,900 km with ongoing sanction and appraisal activity, and progress on phased implementation of the indigenous Automatic Train Protection system (Kavach), including recent operationalisation of Version 4.0 on a trunk section.
    September 16, 2024
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    Child pension scheme promotes early savings and PRAN enrolment, enabling online subscription and flexible parental contributions.
    Launch of NPS Vatsalya creates a child-focused pension entry under the Pension Fund Regulatory and Development Authority, enabling enrolment of minors with issuance of Permanent Retirement Account Number (PRAN) cards via a new online subscription platform. The scheme permits parents to make flexible recurring contributions on behalf of children, offers investment options aimed at long-term wealth accumulation through compounding, and deploys simultaneous launch events across multiple locations to distribute PRAN membership to new minor subscribers.
    September 9, 2024
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    ESG integration urged as a strategic priority, calling for mandatory sustainable capital allocation and standardised reporting.
    The conference advances ESG integration as a strategic and regulatory priority, urging mandatory capital allocation for sustainable projects and adoption of Sustainability Monetary Measurement Guidelines to operationalise ESG targets and KPIs. It calls for robust, standardised ESG reporting, independent assurance to build disclosure credibility, and strengthened ESG ratings to improve transparency and investor confidence, alongside capacity building in awareness, skills, and informed decision-making.
    September 9, 2024
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    ESG leadership advances corporate adoption of BRSR Core practices after IICA's professional impact leader programme and workshop.
    IICA concluded its third cohort of the IICA Certified ESG Professional Impact Leader Programme with a workshop on the BRSR Core framework, combining expert sessions and participant presentations to build practical capacity for implementing BRSR Core principles. Graduates join the National Association of Impact Leaders (NAIL) to enable ongoing professional development and peer knowledge exchange, targeting sustainability officers, executives, CSR and ESG professionals, finance personnel, and policymakers to advance corporate adoption of BRSR Core-aligned practices.
    September 5, 2024
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    ESG principles urged as the guiding corporate philosophy to embed sustainability, transparency and fairness in business conduct.
    The conference advanced ESG as the central framework for aligning corporate conduct with environmental, social and governance responsibilities, urging Indian businesses to adopt ethical and sustainable practices to support national development goals. The programme introduced practical tools-an ESG book and an online Business Responsibility and Sustainability Reporting (BRSR) data portal-to enhance transparency and benchmarking, and panels called for multi-stakeholder collaboration and sectoral adaptation of national guidelines, including a focus on a just transition balancing growth, equity and sustainability.
    September 4, 2024
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    Capital expenditure review urges accelerated implementation and strict quarterly targets to meet telecom and highways project goals.
    A centralised review of Budgeted Capital Expenditure assessed Capex plans for the Ministry of Communication-covering BharatNet, 4G saturation, other mobile tower projects and indigenous 4G deployment-and for the Ministry of Road, Transport and Highways-covering national highway construction, upcoming award and construction targets, measures to attract private capital and asset recycling. The Finance Minister emphasised setting and meeting quarterly targets within stipulated timeframes and urged expedited implementation to recover earlier shortfalls.

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