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    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
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August 4, 2026
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Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
August 4, 2026
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Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
August 4, 2026
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Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
August 4, 2026
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Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
August 4, 2026
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Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
August 4, 2026
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MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
August 4, 2026
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Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
August 4, 2026
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Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
August 4, 2026
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WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
August 4, 2026
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Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
August 4, 2026
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Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
August 4, 2026
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Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
August 4, 2026
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Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
August 4, 2026
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Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
August 3, 2026
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Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.
August 3, 2026
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Online Astrology Platform Regulation: consumer department reported no guidelines, while information requests required revised factual disclosures.
Online astrology platforms were reported as lacking specific regulatory guidelines within the consumer affairs department. The RTI application sought information on alleged unfair trade practices, investigations, complaints, licences, approvals, and applicable rules. The National Consumer Helpline stated that it had not investigated because it functions as a grievance-resolution platform. A revised factual response was required on investigations and complaint data, while queries concerning regulation, licences, approvals, and related investigations were to be transferred to the public authorities likely to hold that information.
August 3, 2026
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Business combination disclosure outlines shareholder approval, registration requirements, financing conditions, and forward-looking risks for the proposed public listing.
The proposed business combination would take Yellow.ai public through a definitive agreement with Bluerock Acquisition Corp., subject to customary closing conditions and shareholder approval. Bluerock intends to file a Form S-4 registration statement containing a proxy statement/prospectus for proxy solicitation and securities issuance in connection with the transaction. The communication is not an offer or solicitation and states that no securities offering may occur without compliance with applicable registration, qualification or exemption requirements. Transaction projections and anticipated benefits are forward-looking statements subject to material risks and uncertainties.
August 3, 2026
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Bilateral investment and trade facilitation drive proposed co-investment, digital cooperation and advanced manufacturing partnerships between Indian and Uzbek businesses.
India-Uzbekistan cooperation is proposed through co-investment, co-manufacturing and co-innovation, supported by the Bilateral Investment Treaty to promote investor confidence and reciprocal investment. Priority sectors include mining, textiles, healthcare, agriculture, food processing, digital technologies and advanced manufacturing. Trade facilitation measures include reducing trade barriers, mutual recognition of standards, approvals, testing and certification, customs digitalisation and improved trade routes. Regulators and standard-setting bodies are expected to cooperate under a structured, time-bound economic partnership.
August 3, 2026
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Concessional agricultural credit supports working capital, crop diversification, allied activities, and digital expansion under the Kisan Credit Card scheme.
The Kisan Credit Card-Modified Interest Subvention Scheme provides concessional institutional credit to reduce farmers' interest burdens and improve timely working-capital access. The scheme is reported to support cropping intensity, multi-season cultivation, diversified crop portfolios, timely input use, and credit discipline through the Prompt Repayment Incentive. It also supports dairy, livestock, and fisheries-based income diversification. Credit-delivery measures include collateral-free lending, digital platforms, simplified applications, coverage expansion, and awareness campaigns. State-wise data tracks operative accounts, outstanding credit, and non-performing Kisan Credit Card accounts.
August 3, 2026
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Banking inclusion expands rural access while digital credit systems and payment security controls address service delivery and cyber fraud.
Banking inclusion is pursued by providing banking outlets within a five-kilometre radius of inhabited villages, with branch expansion permitted subject to rural-coverage requirements and continuing assessment of uncovered areas. Agricultural credit delivery uses digital loan, beneficiary-verification, processing and claim-settlement systems. Digital payment security measures require minimum controls for payment channels and include fraud-intelligence sharing, artificial-intelligence-based identification of money-mule activity, digital lending-app analysis, cyber-incident reporting, public awareness campaigns and electronic-banking training.

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Corp. Laws, SEBI & IBC

IICA Inaugurates Certified ESG Professional – Impact Leader Programme (Batch-IV)

March 10, 2025

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The initiative serves as a vital platform for building ESG leadership and regulatory expertise

In a significant step towards strengthening India’s ESG ecosystem and fostering responsible business practices, the Indian Institute of Corporate Affairs (IICA), under the aegis of Ministry of Corporate Affairs (MCA), Government of India, inaugurated Batch IV of the IICA Certified ESG Professional – Impact Leader Programme in a virtual ceremony. This flagship initiative serves as a vital platform for building ESG leadership and regulatory expertise, equipping professionals with the skills necessary to integrate and imbibe the spirit of responsible business conduct and investment strategies into the DNA of businesses.

In her welcome address, Prof. Garima Dadhich, Programme Director & Head, School of Business Environment, IICA, acknowledged the visionary leadership of Dr. Ajay Bhushan Prasad Pandey, DG & CEO, IICA, and expressed gratitude for his unwavering support in advancing ESG excellence and shaping the institute’s initiatives. She also underscored the growing financial significance of ESG, noting that India requires an estimated $2.5 trillion by 2030 to meet its climate and sustainability targets. She emphasized that sustainable finance, green bonds, and impact investing will be key enablers in bridging this investment gap and called for greater corporate participation in ESG-led economic transitions.

Delivering the inaugural address, Shri Inderdeep Singh Dhariwal, Joint Secretary, Ministry of Corporate affairs, emphasized that ESG is no longer an option but a necessity for businesses to remain competitive in an evolving global landscape. Reflecting on Prime Minister Shri Narendra Modi’s vision of ‘Viksit Bharat 2047’, He urged businesses to align with the principle of ‘Pro Planet People’, reinforcing India's leadership in sustainable development, green finance, and responsible business transformation. He talked about the Ramayana and Bhagvat Gita, India's timeless epics, which offer profound wisdom that aligns with modern ESG principles and sustainability.

Shri Pramod Rao, Executive Director, SEBI, provided insights into SEBI’s ongoing efforts to enhance ESG disclosures, sustainability-linked investments, and the credibility of ESG ratings, ensuring greater accountability in corporate sustainability reporting.

Shri Bo Beiskjaer, Chief of Resource Mobilization and Partnerships, UNICEF India, highlighted the social dimension of ESG, urging businesses to integrate diversity, equity, and social responsibility into their ESG strategies to drive inclusive and sustainable development.

Shri Sanjay Dubey, Additional Chief Secretary, Government of Madhya Pradesh, emphasized the critical role of the Programme in equipping professionals with the knowledge and skills needed to drive sustainable transformation across industries. He highlighted the National Association of Impact Leaders (NAIL) as a key feature of the programme, serving as a dynamic platform that fosters collaboration, knowledge exchange, and thought leadership among ESG professionals.

Providing an overview of the programme, Prof. Garima Dadhich, Head, School of Business Environment, IICA, highlighted the diverse cohort of 100+ senior professionals from key industries, with 35% female participation and representation from 23 states, reflecting India’s expanding ESG landscape. The Inaugural programme was successfully moderated by Programme co-ordinator and Senior Research Associate, Ms. Shivangi Vashishta.

This programme fosters ESG leadership and industry-academia collaboration empowering ESG leaders with the expertise to drive climate resilience, inclusive growth, and responsible business practices, aligning with India’s commitments under the Paris Agreement and SDGs. Successfully certified candidates join the National Association of Impact Leaders (NAIL), an online platform and dynamic community of 350+ ESG professionals, fostering ongoing learning, networking, collaboration, leadership, and policy advocacy to drive India’s ESG transformation.

This flagship programme of IICA, fosters ESG leadership and industry-academia collaboration empowering ESG leaders with the expertise to drive climate resilience, inclusive growth, and responsible business practices, aligning with India’s commitments under the Paris Agreement and SDGs. Successfully certified candidates join the National Association of Impact Leaders (NAIL), an online platform and dynamic community of 350+ ESG professionals, fostering ongoing learning, networking, collaboration, leadership, and policy advocacy to drive India’s ESG transformation.

The Indian Institute of Corporate Affairs (IICA), is an autonomous institution under the aegis of the Ministry of Corporate Affairs. School of Business Environment (SBE) is a specialised vertical within IICA promoting the responsible business conduct focusing on the forward-looking areas of Environmental-Social-Governance (ESG), Corporate Social Responsibility (CSR), Sustainable Finance, Business & Biodiversity Conservation, Business and Human Rights, Responsible Trade, ESG Audit & Assurance and other aligned areas. Few of the important contribution of the School includes developing the National Guidelines on Responsible Business Conduct (NGRBC), Zero Draft of National Action Plan (NAP) on Business & Human Rights, and technical inputs to the High Level Committees on Corporate Social Responsibility (CSR) for the Ministry of Corporate Affairs. Centre for Responsible Business Advisory (CRBA) Services is nested within the School of Business Environment (SoBE), IICA to facilitate the adoption of responsible business conduct and ESG Framework to the public and private entities.

For further details, please visit: https://iica.nic.in/, [email protected] or 0124-2640044.

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