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    Sebi board approves slew of reforms; widens investment avenues, FPI access
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    K'taka Deputy CM Parameshwara rejects Opposition's allegation of 'bankruptcy'
    EOW registers case against businessman, 4 others for ''forgery, unauthorised transactions''
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September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.

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Vision to Reality: How Roan Edutech is Turning Indian Students into Global Achievers

June 17, 2025

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How Rohit Babu Aniyery’s Roan Edutech Is Reimagining Indian Education for a Global Future New Delhi [India], June 17: India, a nation rich in young talent and untapped potential, has long needed an educational shift—one that transcends textbook learning and prioritises skill development, global exposure, and future readiness. Leading this much-needed transformation is Rohit Babu Aniyery, a visionary educator and entrepreneur. With over a decade of experience in the Indian education sector, he identified critical gaps that limit students from realising their full potential.

In response, he founded Roan Edutech—an innovative educational platform committed to bridging these gaps by providing Indian students with international opportunities and aligning their education with global benchmarks.

From Faculty to Founder: A Purpose-Driven Journey Rohit began his career as a faculty member, deeply invested in the academic growth of his students. However, it was during these formative years that he observed a recurring pattern: despite academic excellence, many students struggled to transition into meaningful careers. The root cause? A lack of practical exposure, global competitiveness, and industry-relevant skills.

Fuelled by this realisation, Rohit founded Roan Edutech with a clear and compelling mission—to bridge the gap between education and employability by offering quality, globally-aligned learning experiences to Indian students.

Pioneering Global Collaborations: From Russia to NASA Roan Edutech’s journey began with international workshops, and its first major milestone came through collaboration with the Yuri Gagarin Cosmonaut Training Centre in Russia. This initiative enabled Indian students to gain first-hand exposure to the aerospace industry—a domain previously considered out of reach for many in the country.

Recognising the value of such global collaborations, Rohit and his team expanded Roan Edutech’s partnerships to include prestigious space and science organisations such as NASA, ESA, Singapore Space Agency, JAXA (Japan), and ISRO (India). These collaborations provide students with a unique opportunity to experience international academic ecosystems, engage with global experts, and explore career paths beyond borders.

Strategic Alliances for Greater Impact In a powerful move to amplify his mission, Rohit partnered with Mr. Sunil K, uniting two visionary leaders under a shared goal: to make world-class education accessible to Indian students. This strategic alliance has significantly expanded Roan Edutech’s global footprint and influence.

Driven by a common purpose, they are designing innovative, internationally recognised programmes that bridge the critical skill gaps in India’s traditional education system. Their focus goes beyond academics—these programmes are crafted to deliver practical, skill-based learning that aligns with real-world industry needs.

By tailoring each offering to the aspirations of India’s ambitious youth, Rohit and Sunil are not only nurturing academic excellence but also empowering students with the tools to thrive in competitive global markets.

Flagship Programme: NextGen Business Innovators One of Roan Edutech’s most transformative offerings is the NextGen Business Innovators Programme—a pioneering initiative designed to empower the next wave of entrepreneurs and corporate leaders.

In collaboration with Peggy I. Pleines, an international business mentor from Switzerland and founder of My Ladybird AG, the programme connects students with global mentors and real-world business insights. Peggy brings over 25 years of experience in strategy, M&A, and scaling global brands, offering students access to international perspectives and high-impact mentorship.

This dual-track programme caters to ambitious students through two distinct paths: • Entrepreneurship Track: Focused on ideation, funding, business modelling, branding, and scaling ventures.

• Corporate Leadership Track: Emphasising strategic thinking, team management, and organisational growth.

The curriculum moves beyond conventional classroom teaching. Students engage in: • Real-world business simulations • Interactive case studies • One-on-one mentorship with global industry leaders • Networking opportunities across sectors As part of the Bootcamp experience, the team also takes students to Dubai and Europe, providing hands-on exposure to global business environments.

The outcome? Graduates who don’t just understand the business world—they’re ready to shape it.

Engineering the Future: Solving Employability Challenges Through Internships Rohit’s commitment to educational transformation extends to engineering students, who often face challenges in securing jobs due to a lack of practical experience. Roan Edutech has launched a series of structured internship and training programmes, collaborating with Indian companies to provide real-world project experience.

By exposing students to live industry challenges, modern tools, and collaborative environments, these internships foster critical thinking, innovation, and job readiness—qualities highly valued by employers.

This hands-on approach ensures that students not only earn a degree but also acquire the competence and confidence to succeed in a global job market.

Aligning with India’s NEP 2025 Vision Roan Edutech’s educational model aligns with the National Education Policy (NEP) 2025, which emphasises flexibility, vocational training, and holistic learning. Rohit and his team are developing hybrid learning models and online platforms that cater to students across India, particularly in underserved regions.

These initiatives aim to: • Promote critical thinking and creativity • Offer flexible learning pathways • Integrate vocational and academic training • Cater to diverse student needs across geographies These upcoming programmes are set to revolutionise how education is delivered and consumed in India.

The Road Ahead: Building a Generation of Global Achievers What started in a single classroom has now touched the lives of thousands of students across the country. Under Rohit’s leadership, Roan Edutech is not merely an education company—it is a mission-led movement.

In Rohit’s words: “We’re not just educating students—we’re equipping them to thrive on a global stage. India has the talent; what it truly needs is the right mentorship and international exposure.” With programmes that inspire curiosity, mentorship that sparks ambition, and partnerships that open global doors, Roan Edutech is laying the foundation for a generation of global achievers.

Final Word: Shaping the Future of Indian Education As the world undergoes rapid transformation driven by AI, sustainability, and space exploration, education must evolve beyond traditional textbooks and examinations. It should become a catalyst for global opportunities and future-ready skills.

Visionaries like Rohit are ensuring that India is not merely keeping pace but setting new benchmarks. Through Roan Edutech, he is reimagining education—demonstrating that with bold vision, strategic collaboration, and continuous innovation, the Indian education system can empower the next generation and truly change lives.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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