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March 6, 2026
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Education as a service can broaden India's export reach by internationalising higher education and promoting dual degrees.
Education as a service is presented as a strategic export sector enabled by the National Education Policy, which permits international campuses, dual degree arrangements and cross-border student exchanges. The document advocates modular dual-degree models, curriculum updates incorporating international trade and emerging technologies, faculty retraining, and infrastructure upgrades to retain outbound students and attract inbound students. It calls for coordinated action among government, academia and industry to operationalise internationalisation, expand student mobility and strengthen the global competitiveness of Indian higher education institutions.
March 6, 2026
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RBI intervention may cap currency depreciation amid energy-driven pressure on the rupee and balance of payments.
Rupee depreciation pressures from higher crude prices and capital outflows led to an intraday decline, with indications of RBI intervention in spot and offshore NDF markets to curb volatility; a temporary external allowance for refiners eased immediate supply stress, while analysts warn that persistent energy shocks could raise inflation, widen the current account deficit and complicate monetary and fiscal management.
March 6, 2026
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Power tariff reduction implemented from April eases rates for domestic, commercial, industrial consumers and lowers EV charging costs.
Power tariff reductions will take effect from April 1: domestic consumers receive a per-unit cut beyond the existing monthly 300-unit concession and reduced fixed charges per kilowatt; commercial traders and shopkeepers obtain per-unit reductions by load capacity; a low fixed per-unit charge is set for electric vehicle charging; fixed charges for industrial connections up to a specified capacity are reduced and the industrial segment faces no tariff increase in the coming financial year; advocates are reclassified to residential tariff.
March 6, 2026
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Mandatory Biometric Update urged for children as new Aadhaar Seva Kendra expands regional enrolment and service access.
An advanced Aadhaar Seva Kendra has been inaugurated in Ranchi to enhance Aadhaar service delivery. Authorities urged completion of the Mandatory Biometric Update for children at prescribed ages to ensure access to government schemes and avoid registration problems; schools were asked to help reduce pending MBUs. UIDAI currently operates ASKs in three Jharkhand districts and plans a phased expansion of new centres to additional districts to increase regional enrolment capacity.
March 6, 2026
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PMLA investigation prompts raids at locations linked to corporate group; company denies premises were targeted.
Enforcement Directorate teams conducted coordinated searches at multiple locations linked to a corporate group under a PMLA probe into alleged bank loan fraud and associated money laundering, with parallel allegations of financial irregularities under FEMA. The agency has filed three money laundering cases and formed a special investigation team; the principal individual has been questioned twice. The company denies any raids at its offices.
March 6, 2026
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NBFC middle layer classification underscores diversified funding through multiple debt instruments and strengthened risk and tech-based underwriting.
The company, an RBI registered NBFC categorised as an NBFC middle layer under Scale Based Regulations, emphasised technological underwriting, risk management, and collections platforms to support disciplined scaling. Since April 2025 it mobilised diversified capital across instruments including Non Convertible Debentures, Commercial Papers, Term Loans, Securitisation, Direct Assignment and Co Lending Arrangements to strengthen its capital base while prioritising sustainability and asset quality.
March 6, 2026
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Export-oriented agriculture: scale high-value production, strengthen missions, technology and market linkages for global competitiveness growth.
Transition agriculture to an export-oriented model by scaling high-value crop production, strengthening value addition, processing and storage, and aligning output with global quality and branding standards through national missions, budgetary support and coordinated engagement of experts, industry and farmers; promote chemical-free natural farming and crop diversification to access global markets and mitigate risks.
March 6, 2026
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Money laundering investigation triggers Enforcement Directorate searches at company locations, probing alleged bank loan fraud and FEMA irregularities.
Enforcement Directorate teams searched multiple locations linked to Reliance Power Ltd. and its executives in Mumbai and Hyderabad in an investigation into alleged money laundering connected to suspected bank loan fraud and related financial irregularities under the Foreign Exchange Management Act. The ED has filed multiple money laundering cases against the group, constituted a special investigation team on the Supreme Court's direction, and has questioned the principal corporate figure under the anti money laundering law.
March 6, 2026
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Pay commission representations invited for stakeholders; online submissions required by deadline, paper copies may be disregarded.
The Eighth Central Pay Commission invites representations from employees, pensioners, associations and organizations through a prescribed structured memorandum format available on innovateindia.mygov.in and 8cpc.gov.in, with online submissions to be received up to 30th April, 2026; paper-based copies, emails or PDFs submitted by other means may not be considered.
March 5, 2026
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Currency intervention stabilizes local currency amid geopolitical-driven oil price shock and capital outflows.
Central bank intervention to curb exchange-rate volatility is identified as the primary operative mechanism: suspected Reserve Bank purchases supported a rebound in the rupee, with the RBI expected to sterilise these operations to maintain liquidity. Geopolitical conflict and rising crude prices increased import-cost risk and safe-haven flows, while a firm dollar and foreign portfolio outflows added depreciation pressure even as domestic equities recovered.
March 5, 2026
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Political risk insurance sought to secure maritime energy shipments, with premiums borne by contracting parties to maintain supply continuity.
India is seeking political risk insurance and financial guarantees from the International Development Finance Corporation to secure maritime transit for oil, LPG and LNG through the Strait of Hormuz; a dedicated corpus must be established before cover can be provided and premiums will be paid by contracting parties. The government is also diversifying suppliers and considering reprioritisation of domestic gas allocation to manage LNG shortfalls caused by route disruption and force majeure.
March 5, 2026
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Trade disruption risk from Strait closure threatens Indian tea exports and underscores maritime chokepoint vulnerability.
Escalating tensions in West Asia threaten India's tea exports by imperilling shipping through the Strait of Hormuz, a key maritime chokepoint for consignments to Gulf markets. A substantial share of Indian tea shipments to the Persian Gulf - notably consignments to the UAE, Iran and Iraq - transit this route, making export flows sensitive to any closure or suspension of passage. The Tea Association of India emphasises that recent export growth, driven by orthodox teas from Assam, is concentrated in markets served via the strait, increasing sectoral exposure to disruption.
March 5, 2026
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Climate innovation competition expands to Asia, with Singapore hosting finals and partners supporting early-stage green ventures.
Applications are open for ClimateLaunchpad 2026, which expands into Asia with Singapore hosting regional and Global Grand Finals. The programme offers a staged accelerator curriculum-mini-course, Boot Camp, coaching, national/regional pitches and a Global Grand Final-aimed at turning early-stage climate ideas into scalable ventures. Climate KIC partners with Better Earth Ventures and TPC/NO.17 Foundation to provide local delivery, systems-oriented support, capital linkage and ecosystem access, while long-term supporters such as Bank of America and Irish Aid bolster funding and market connectivity.
March 5, 2026
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Economic growth slowdown signals structural pressures; export strength and trade surplus reshape bilateral trade imbalances and strategy.
China's lowered GDP target signals slower, quality oriented growth due to structural domestic constraints - notably property market decline, unemployment and weak consumption - while policy focuses on technological innovation to raise productivity. At the same time, robust exports sustain a record trade surplus, producing rising bilateral trade imbalances as export strength contrasts with domestic weakness.
March 5, 2026
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Ease of doing business reforms streamline compliance, expand credit access, modernise customs and simplify tax certainty for investors.
The Union Budget 2026-27 and related policy measures present a coordinated reform package to enhance ease of doing business by reducing compliance complexity, improving tax certainty and rationalising penalties, expanding access to finance through credit guarantee schemes and a digital Credit Assessment Model, liberalising insurance sector investment norms, modernising customs and trade facilitation with AEO benefits and electronic cargo clearances, and consolidating regulatory frameworks including master directions and a unified securities code to improve predictability and transparency.
March 5, 2026
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GST-IBC interplay clarifies tax compliance and moratorium effects on statutory claims during insolvency resolution.
Interplay between GST and insolvency law addressed tax liability treatment, compliance by interim administrators and resolution professionals (fresh registration, return filing, availability of input tax credit), and the moratorium's effect on recovery; judicial authority was noted that claims not included in approved resolution plans may be extinguished. The relationship between insolvency processes and anti money laundering enforcement was examined, focusing on proceeds of crime, asset attachment during CIRP, jurisdictional friction with enforcement agencies, and statutory protections designed to preserve resolution objectives while reconciling PMLA enforcement with insolvency aims.
March 5, 2026
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Governance-first fintech infrastructure expands via enterprise expense cards, closed-loop clean mobility payments and premium leadership engagement.
Zaggle is shifting toward a governance-first fintech infrastructure model by integrating Corporate Expense Cards with its Spend Management Platform for marquee enterprises, deploying a closed-loop CNG fleet payment solution aligned with clean-mobility regulatory and operational requirements, and expanding premium engagement through its ZGolf leadership platform. These platform-led integrations prioritise real-time visibility, structured controls, compliance alignment and recurring enterprise wallet share rather than standalone transactions.
March 5, 2026
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RBI intervention stabilizes rupee amid strong dollar, rising crude and foreign fund outflows constraining gains.
Reports of Reserve Bank intervention supported a rebound in the rupee, with domestic equity buying also contributing; however, a strong dollar, rising crude oil prices and foreign institutional outflows continued to limit gains and pose downside risk to the currency and India's import bill.
March 5, 2026
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AI governance and process automation recognized for enabling responsible, scalable GenAI deployments and compliance improvements in banking.
LTM is recognized as a Leader in NelsonHall's NEAT Evaluation for GenAI & Process Automation in Banking based on its industry experience, investments in GenAI and agentic AI, and its BlueVerseTM platform. The platform supplies modular, composable agentic solutions and digital agents across banking segments, together with pre-built industry-specific AI agents, AI-enabled compliance and risk-monitoring tools, proprietary IP, partnerships, and AI governance to enable rapid, responsible deployment of AI for compliance, personalization, payments, and operational efficiency.
March 5, 2026
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Weekly petroleum price revision to preserve market liquidity and compensate fuel suppliers amid supply-route disruptions.
The government proposes immediate measures to keep markets liquid after Strait of Hormuz disruptions by shifting to weekly petroleum price revision, establishing a mechanism to compensate OMCs and refineries for surged insurance, freight and import premiums, and directing PSO to tender imports outside the Strait. Regulators will temporarily ration supplies to dealers and retailers based on an eight month sales track record to discourage hoarding, while considering mandatory work from home and alternative routing to maintain supply continuity.

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Merck Foundation and African first Ladies mark International Day of Girls & Women in Science by empowering women in STEM and supporting girl education

February 11, 2026

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Mumbai, Maharashtra, India & Banjul, The Gambia – Business Wire India • Merck Foundation provided 1195 scholarships to women healthcare providers to empower women in science - International Day of Girls & Women in Science 2026 • Dr. Rasha Kelej, Merck Foundation CEO, together with The First Ladies of Africa, mark ‘International Day of Girls & Women in Science 2026’ through their ‘Scholarship Program’, ‘MARS Awards’, and ‘Educating Linda’ Program Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks ‘International Day of Girls and Women in Science 2026’ together with the First Ladies of Africa, and partners including African Ministries of Health, Education, Gender & Information, and Academia through their “Scholarship Program” and “MARS Awards”. Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation emphasized, “As we mark the International Day of Girls and Women in Science 2026, we reaffirm Merck Foundation’s strong commitment to empowering women in science and technology through our “Scholarship Program”, as a part of which we provide specialized medical scholarships to African women healthcare providers, and through the “MARS Awards”, through which we recognize and empower outstanding women scientists in STEM.” Merck Foundation has provided more than 2,500 scholarships to healthcare professionals from 52 countries across 44 critical and underserved medical specialties, and nearly 1,200 scholarships have been provided to women medical graduates. “I am proud that nearly 50% of our total 2500+ scholarships have been provided to women healthcare providers. This is a significant achievement toward reducing the gender gap in science and strengthening women’s leadership in STEM, as while women have made remarkable progress globally, they remain significantly underrepresented in scientific and technological fields. At Merck Foundation, we work every day to bridge this gap,” added Dr. Rasha Kelej. Merck Foundation annually launches their MARS Awards to encourage and recognize ‘Best African Women Researchers’ and 'Best Young African Researcher’. The aim of MARS Awards is to empower women and young African researchers, advance their research capacity, and promote their contribution to STEM (Science, Technology, Engineering, and Mathematics). Merck Foundation has celebrated more than 90 winners so far. Recently, Merck Foundation CEO hosted the virtual Award Ceremony together with their partners Africa Reproductive Care Society – ARCS and Manipal University to recognize African Researchers for their valuable research work and contribution to empowering women and youth in STEM in Africa, with special focus on ‘The Role of Scientific Research in Women Health and Reproductive & Fertility Care’. She also announced the Call for Applications for MARS Awards 2026. Watch Merck Foundation Africa Research Summit MARS 2025 Award Ceremony video here: https://www.youtube.com/live/RtIiZp-amrM Apply for MARS Awards 2026: https://merck-foundation.com/Merck-Foundation-Africa-Research-Summit-Application-Form Merck Foundation strongly believes that Education is one of the most critical areas of women empowerment and serves as the base and key factor in driving an impactful change. “As a part of our Educating Linda program, together with my dear sisters, the First Ladies of Africa, we have year to date provided more than 1200 annual scholarships to deserving yet underprivileged African schoolgirls from 19 countries, enabling them to complete their education and reach their full potential,” shared Dr. Kelej. Moreover, Merck Foundation is raising awareness about the importance of supporting girls’ education through a range of creative initiatives, including inspiring children’s storybooks, animation films, awareness songs, and dedicated episodes on this theme through their Our Africa by Merck Foundation TV program. Watch episodes of Our Africa, focusing on Supporting Girl Education: Episode 2: https://www.youtube.com/watch?v=g5wpzOr22l0 Episode 11: https://www.youtube.com/watch?v=jGz6yNSik7g Episode 14: https://www.youtube.com/watch?v=QjwRnP-Zi60&feature=youtu.be Read Educating Linda Storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1623068469_6affa28d861b48da41cf.pdf# Watch Merck Foundation Animation Films on supporting girl education: • Jackeline’s Rescue: https://youtu.be/It1D-XEUjeY • Ride Into the Future: https://youtu.be/Piz_6Ob68mI Listen to Merck Foundation songs to support women empowerment and girl education: 1. Watch, share & subscribe “Girls Can” song here, sung by Cwesi Oteng from Ghana and Irene Logan from Liberia: https://youtu.be/6LP92vAWYgs 2. Watch, share & subscribe the “Like Them” song here, sung by Kenneth, a famous singer from Uganda: https://www.youtube.com/watch?v=jCo52vtz3Q0 3. Watch, share & subscribe “Take me to School” song here, sung by Wezi, Afro-soul singer from Zambia, to support girls’ education: https://www.youtube.com/watch?v=rWcujLMbKSg 4. Watch share & subscribe “Tu Podes Sim” Portuguese song, which means “Yes, You Can” in English by Blaze and Tamyris Moiane, singers from Mozambique, in English here: https://youtu.be/BGWR2S-mxl4 5. Watch, share & subscribe “ABC, 123” by Sean K from Namibia song here: https://youtu.be/4Z2i4Wh-bpk 6. Watch, share & subscribe “Brighter day” song by Sean K and Cwesi Oteng from Namibia and Ghana respectively: https://www.youtube.com/watch?v=I3_C4uyFuZk 7. Watch and share “Superwoman Song” by singers Cwezi and Adina from Ghana here: https://www.youtube.com/watch?v=NQ6ZprqAAJs Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education, and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads, and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments, to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View The Image, Click On The Link Below: Merck Foundation CEO marks International Day of Girls and Women in Science 2026 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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