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    CCI approves acquisition of certain equity shareholding in Bharti Life Insurance Company by Prudential Corporation Holdings
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August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.
August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
August 18, 2026
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Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.
August 18, 2026
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Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
August 17, 2026
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RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
August 17, 2026
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Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.

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EDUCATION THE CORE PILLAR OF HUMAN CAPITAL AND CENTRAL TO SHAPING THE NATION’S GROWTH PATH TOWARDS VIKSIT BHARAT @2047 : ECONOMIC SURVEY 2025-2026

January 29, 2026

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ACHIEVEMENTS IN EDUCATION MARKED BY ENHANCED LITERACY RATES, INCREASING ENROLMENT IN SCHOOLS AND HIGHER EDUCATION INSTITUTIONS, PROVISION OF VOCATIONAL EDUCATION AVENUES, SAYS THE SURVEY

GROSS ENROLMENT RATIO (GER) REACHES AT 90.9 FOR PRIMARY STAGE AND 90.3 FOR UPPER PRIMARY STAGE

INDIA NOW HAS 23 IITS, 21 IIMS, AND 20 AIIMS, ALONGSIDE TWO INTERNATIONAL IIT CAMPUSES IN ZANZIBAR AND ABU DHABI

ACADEMIC BANK OF CREDIT COVERS 2660 INSTITUTIONS, WITH OVER 4.6 CRORE IDs ISSUED

FLEXIBLE ENTRY-EXIT PATHWAYS AND BIANNUAL ADMISSIONS INTRODUCED BY 153 UNIVERSITIES TO ACHIEVE THE NEP TARGET OF 50 % GER BY 2035

INDIAN HEIs TO OFFER TWINNING, JOINT, AND DUAL DEGREE PROGRAMMES WITH REPUTED FOREIGN UNIVERSITIES, WHILE 15 FOREIGN HEIs ARE EXPECTED TO SET UP CAMPUSES IN INDIA

STRUCTURED SKILLING PATHWAYS IN SECONDARY SCHOOLS TO PROVIDE EARLY EXPOSURE TO EMPLOYABLE COMPETENCIES, SAYS ECONOMIC SURVEY 2025-2026

In the education space, progress in school and higher education has been at the back of enhanced quality and access through community engagement, effective assessments, improved accountability, and stronger alignment between education and skill requirements states the Economic Survey 2025-2026 tabled in Parliament today by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman .

According to the Survey, the achievements in the education space have been marked by enhanced literacy rates, increasing enrolment in schools and higher education institutions, provision of vocational education avenues, etc. The Right to Education Act 2009 and the National Education Policy 2020 (NEP) have played a crucial role in shaping the education landscape by expanding access to quality education universally, promoting equity, and driving innovation in teaching and learning.

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Gross Enrolment Ratio (GER) are 90.9 at the primary stage (Grade I to V), 90.3 at the upper primary (Grade VI to VIII), 78.7 at the secondary stage (Grade IX and X) and 58.4 at the higher secondary stage (Grade XI and XII).

Progress in school education

School education forms the foundation of human capital and is central to shaping the nation’s growth path towards Viksit Bharat @2047. Experiences from fast-growing Asian economies clearly demonstrate that consistent investments in education, skills development, and technology can significantly enhance productivity, foster innovation, and accelerate economic transformation.

To fully convert its vast human resource base into high-quality human capital, India needs to raise its Expected Years of Schooling (EYS) to 15-year set by NEP’s 5+3+3+4 schooling structure for ages 3-18. This requires a holistic, lifecycle approach that encompasses early childhood education, foundational literacy and numeracy (FLN), universal secondary schooling, and the seamless integration of vocational and digital skills.

To achieve the goals of NEP, the government launched school-level schemes such as the Sarv Shiksha Abhiyan, ULLAS, PM-SHRI(PM-Schools for Rising India), PM POSHAN (PM Poshan Shakti Nirman) and initiatives, such as PARAKH, Vidya Pravesh, DIKSHA (Digital Infrastructure for Knowledge Sharing), NIPUN Bharat Mission and Atal Tinkering Labs.In school education, the policy emphasises Early Childhood Care and Education (ECCE), FLN, reducing dropouts, ensuring universal access, revamping curriculum and pedagogy, strengthening teacher capacity, promoting equity, and improving quality.

School infrastructure

India operates one of the world’s largest school systems, serving 24.69 crore students across 14.71 lakh schools, supported by over 1.01 crore teachers (UDISE+ 2024-25). Aligned with the NEP goal of achieving a 100 per cent gross enrolment ratio (GER) from pre-primary to secondary education by 2030, steady progress has been observed across all school levels.

GER scores, as per NEP academic structure, are 95.4 at the preparatory stage (Grade III to Grade V), 90.3 at the middle stage (Grade VI to Grade VIII), and 68.5 at the secondary stage (Grade IX to Grade XII).  Various Government of India schemes have been instrumental in improving the GER . These include setting up of 13,076 PM shri Schools in 33 states / UTs, Co-location of Anganwadi Centres in 2,99,544 Schools to create a unified and strengthened Early childhood Care and Education (ECCE)  system for universal access to high quality learning. Schemes like Jaadui Pitara, e Jaaduai pitara, Kitab Ek Padhe Anek and Bhartiya Bhasha Pustak Scheme has made teaching material available to children in local languages 

India has made notable gains in school enrolment by strengthening infrastructure and teacher capacity, with schemes like Poshan Shakti Nirman and Samagra Shiksha Abhiyan promoting access and equity. Improving infrastructure, teacher skills through strengthened DIETs (District Institute of Education & Training), and SCERTs (State Council of Educational Research and Training), and involving parents and communities in governance can create an inclusive, learner focused environment. Combining these strategies with curriculum and assessment reforms aligned with NEP and the use of digital platforms such as PM e-Vidya can provide high-quality, equitable education, even in remote areas.

Improvement in learning outcomes

Since 2001, National Achievement Surveys (NAS) conducted by the National Council of Educational Research and Training (NCERT) have provided valuable insights into the school education system. Building on this and with a focus on competency-based learning, PARAKH (Performance Assessment, Review, and Analysis of Knowledge for Holistic Development) Rashtriya Sarvekshan 2024 was launched. The PARAKH 2024 findings inform that Grade III results show promising recovery post-COVID. Compared to NAS 2021 and 2017, Grade III proficiency levels have rebounded significantly, with 65 per cent of students proficient in Mathematics (up from 42 per cent in 2021) and 57 per cent in Language (up from 39 per cent).

School-to-skill pathways

Embedding structured skilling pathways in secondary schools can make education more relevant, provide early exposure to employable competencies, and transform schools into hubs of lifelong learning. The PLFS 2023-24 highlights the limited coverage of training, with only 0.97 per cent of 14-18-year-olds having received institutional skilling while nearly 92 per cent have none. Addressing this gap is crucial for leveraging India’s demographic dividend. Skill education in schools would equip young people with market-aligned skills, particularly in the service sector, which absorbs over half of the formally trained youth, while reducing dropouts by linking education to economic opportunities.

Higher education

The number of higher education institutions (HEIs) has increased from 51,534 in 2014-15 to 70,018 as of June 2025.  This increase is marked by substantial growth in universities and colleges. The number of premier higher education institutions (HEIs) has expanded significantly between 2014-15 and 2024-25. It now stands at 23 IITs, 21 IIMs, and 20 AIIMS, alongside the establishment of two international IIT campuses in Zanzibar and Abu Dhabi.

The All-India Survey on Higher Education (AISHE), 2022-23 (Provisional), reports an increase in student enrolment from 4.33 crore in 2021-22 to 4.46 crore in 2022-23.

Under the NEP, the higher education system has undergone several reforms. The National Credit Framework (NCrF), which aims to blend academic and skills-based learning, has been adopted by 170 universities. The Academic Bank of Credit covers 2,660 HEIs, with over 4.6 crore IDs issued, including 2.2 crore APAAR IDs with credits.

 Flexible entry-exit pathways and biannual admissions have been introduced by 153 universities to achieve the NEP target of 50 per cent GER by 2035.

 Aligned with the NEP  to build robust R&D capacity, Anusandhan National Research Foundation have been established to nurture a research-driven culture across universities, colleges, and research institutions nationwide.

To improve the quality of technical education, the Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Scheme has been approved recently for 275 technical institutions, including 175 engineering colleges and 100 polytechnics.

Industry-academia integration in STEM education

The NEP aims to integrate vocational training with general education and to encourage collaboration between industry and academia within HEIs. Industry-academia linkages in the higher education sphere have traditionally emphasised research collaborations, such as joint research, consulting, and technology transfer. One such measure is the introduction of the ‘Professor of Practice’ (PoP) category at HEIs by the UGC and the AICTE. The PoP concept allows industry professionals to bring real world practices and experiences into the classroom and also augment faculty resources in HEIs. Complementing this, the AICTE-Industry Fellowship Programme aims to bridge the gap between academia and industry through active faculty engagement.

Internationalisation of Higher Education

NEP aims at ‘Internationalisation’ of higher education by making the Indian education system self-reliant and comparable to global standards and norms, enabling it to attract more students from abroad and reduce outbound student migration.

UGC issued the Regulations on Academic Collaboration between Indian and Foreign Higher Educational Institutions, 2022, enabling Indian HEIs to offer twinning, joint, and dual degree programmes with reputed foreign universities. Further, 100 per cent foreign direct investment (FDI) is allowed in higher education. These efforts are reinforced by the UGC (Setting Up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023, under which 15 foreign HEIs are expected to set up campuses in India.

India’s policy ecosystem for internationalisation has become more enabling, with the introduction of the NEP, updated UGC guidelines, regulations for academic collaboration and mutual recognition of qualifications, and permissions for foreign branch campuses, including those in GIFT City.

India's education sectors require unwavering focus to unlock the nation's true potential through integrated, accountable, and adaptive policy frameworks to build a future ready workforce.

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