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    Federal immigration agents seen at Atlanta airport after Trump order amid partial shutdown
    DMK MP flags sharp tariff hike for Kudankulam Nuclear Units 3 & 4; seeks regulatory framework
    Gold tumbles Rs 9,050, silver declines by Rs 10,500/kg in Delhi on weak demand
    Jaishankar reaffirms India's steadfast ties with Russia; calls for removal of non-tariff barriers for USD 100 bn trade goal
    Government has introduced a Model Context Protocol server to facilitate linking of Artificial Intelligence tools with Official Statistical databases
    Ministry of Statistics and Programme Implementation updates and releases the Sustainable Development Goals -National Indicator Framework Progress Repo...
    Ministry of Statistics & Programme Implementation has strengthened the measurement framework of the Consumer Price Index (CPI) through a comprehensive...
    As of January 2026, PAIMANA captures status of 1,702 nationwide projects being implemented by 17 Central Ministries/Departments
    RBI and NABARD’s Key Safeguards Strengthen Governance of Cooperative Banks
    PM Modi says will overcome West Asia crisis like Covid; stresses on dialogue, diplomacy to end conflict
    Unhappy over their 'reluctance', SC asks CBI, ED to conduct fair probe against ADAG firms
    Rupee slumps 50 paise to settle at fresh record low of 94.03 against US dollar
    HC division bench stays single bench order disqualifying SNDP Yogam office-bearers
    Lok Sabha refers Corporate Laws (Amendment) Bill to JPC
    AU Small Finance Bank Strengthens Its Digital Banking with an Enhanced Savings Ecosystem
    Rupee nears 94/USD, down 41 paise to record low of 93.94 in early trade
    Government modifies Mutual Credit Guarantee Scheme to Support MSME Manufacturers and Exporters in line with Budget 2025-26
    Government introduces Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0)
    Himachal CM Sukhu presents Rs 54,928-cr budget for FY27 with thrust on rural economy
    Himachal CM Sukhu presents Rs 54,928-cr budget for FY27 with thrust on rural economy
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March 23, 2026
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Federal immigration deployment at airports highlights shutdown pressures, TSA checkpoint strain, and disputes over immigration enforcement policy.
Federal immigration officers were seen at Atlanta's airport after the President said agents would be deployed to assist Transportation Security Administration operations during a government shutdown. Their presence at airport checkpoints is unusual because screening there is typically handled by transportation security officers, while the deployment is linked to a lapse in Department of Homeland Security funding and wider disagreement over immigration enforcement.
March 23, 2026
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Nuclear power tariff regulation faces scrutiny over steep Kudankulam pricing, cost assumptions, and lack of independent oversight.
Concerns were raised over the indicative tariff proposed for electricity from Kudankulam Nuclear Power Plant Units 3 and 4, as it represents a sharp escalation over the tariff currently applicable to Units 1 and 2 and may exceed prevailing competitive benchmarks. The tariff was described as likely to impose a substantial long-term burden on Tamil Nadu and other southern states, especially because nuclear power is must-run supply and pricing is presently determined administratively without independent regulatory oversight.
March 23, 2026
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Gold and silver prices fall sharply as weak demand, rate expectations, and dollar strength pressure bullion markets.
Gold and silver prices fell sharply in Delhi amid subdued domestic demand and weak global trends. Analysts linked the decline to higher interest rate expectations, stronger US Treasury yields, a firmer dollar, and inflation concerns arising from geopolitical tensions. The commentary also noted that slower reserve accumulation by some central banks and weaker spot prices overseas added to the pressure on bullion markets.
March 23, 2026
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Non-tariff barriers and trade liberalisation drive India-Russia efforts to expand bilateral trade and economic partnership.
India and Russia are seeking to deepen their strategic and economic partnership by addressing non-tariff barriers and regulatory impediments, with the stated objective of expanding annual bilateral trade to USD 100 billion by 2030. The stated measures include continued efforts to conclude the India-Eurasian Economic Union free trade agreement, use of the skilled Indian workforce, and coordination within multilateral forums such as BRICS, SCO, G20 and the UN.
March 23, 2026
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Artificial Intelligence data integration advances with a Model Context Protocol server linking verified official statistical databases.
Government has introduced a Model Context Protocol (MCP) server to link Artificial Intelligence tools and platforms with official statistical databases through the National Statistical Portal e-Sankhyiki. The server enables access to verified Government data and has been expanded from a beta release to cover 21 statistical products, including major datasets such as labour force, price index, industrial production, and national accounts series.
March 23, 2026
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Sustainable Development Goals reporting framework tracks poverty, gender equality, labour and social protection progress through annual national indicators.
National statistics reporting for the Sustainable Development Goals is updated through the annual release of the SDG-National Indicator Framework Progress Report on National Statistics Day. The framework comprises 284 national indicators in the 2025 report, with the Ministry of Statistics and Programme Implementation responsible for the national indicator framework and States/Union Territories responsible for State Indicator Frameworks. The report draws on data from line ministries and departments, including Periodic Labour Force Survey data, and records progress under poverty, gender equality, labour, wage, employment, and social security indicators.
March 23, 2026
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Consumer Price Index base revision strengthens measurement through updated baskets, weights, and e-commerce price collection methods.
Consumer Price Index measurement has been strengthened through a comprehensive base revision from 2012=100 to 2024=100, using Household Consumption Expenditure Survey 2023-24 data to update the CPI item basket and weights. The revision expands coverage, introduces methodological refinements, adopts an international classification system, and incorporates administrative and e-commerce data to make the index more robust and representative. Price collection from e-commerce and online platforms is carried out weekly, and monthly average prices from weekly transaction observations are used in CPI compilation.
March 23, 2026
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Infrastructure project monitoring through PAIMANA and PMG strengthens data-driven oversight, escalation, and delay resolution.
Project monitoring of ongoing Central Sector infrastructure projects costing Rs. 150 crore and above is being undertaken through PAIMANA, a web-based system of the Ministry of Statistics and Programme Implementation. The portal captures project status, expenditure details, and delay tracking for nationwide infrastructure projects, and is integrated with the Integrated Project Monitoring Portal under the principle of "One Data One Entry" to enable automatic data fetching, reduce manual entry, and provide stakeholders with customised dashboards and direct access to project progress information.
March 23, 2026
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Cooperative bank governance reforms strengthen transparency, depositor protection, fraud control, and supervisory accountability across the sector.
Strengthening governance of cooperative banks through amendments to the Banking Regulation Act and the Multi-State Cooperative Societies Act, 2002 is described as a set of supervisory safeguards intended to improve transparency, accountability and depositor protection. The measures include a maximum of 10 consecutive years for the term of board directors of cooperative banks, excluding the chairperson and whole-time directors, and the creation of a Cooperative Ombudsman to handle complaints and appeals by members concerning deposits, equitable benefits from the society's functioning, and other matters affecting individual rights. The establishment of a Cooperative Election Authority is also identified as a governance reform aimed at ensuring free and fair elections in multi-state cooperative societies.
March 23, 2026
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Dialogue and diplomacy guide India's response to the West Asia conflict, alongside security preparedness and energy resilience.
India's response to the West Asia conflict is framed around dialogue, diplomacy, de-escalation and protection of civilian life, with emphasis on avoiding attacks on civilians, energy infrastructure and transport infrastructure, and on opposing obstruction of international waterways. The position stresses that commercial shipping routes must remain safe, that attacks on ships and disruption of the Strait of Hormuz are unacceptable, and that sustained diplomatic engagement with regional leaders is being used to seek a peaceful resolution and secure the passage of Indian vessels. The crisis is also presented as a matter of national preparedness and internal security.
March 23, 2026
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Banking and corporate fraud investigation faces court push for a fair, transparent, time-bound probe into alleged irregularities.
The Supreme Court directed the CBI and the ED to conduct a fair, dispassionate, transparent, and time-bound investigation into alleged banking and corporate fraud involving Anil Dhirubhai Ambani Group firms. It also required all concerned financial institutions to cooperate fully and allowed the agencies to approach the court if any government body failed to extend cooperation. The proceedings concerned allegations of loan fraud, diversion of public funds, fabricated financial statements, forged bank guarantees, and other irregularities across multiple group entities.
March 23, 2026
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Rupee weakness deepens as crude prices, dollar strength and foreign outflows drive the currency to a record low.
The rupee weakened sharply against the US dollar, falling to a fresh record closing low after breaching the 94-per-dollar level for the first time. The decline was linked to rising global crude prices, sustained foreign fund outflows, a stronger US dollar, and a steep fall in domestic equity markets, with the local currency remaining under pressure throughout the trading session. Market participants noted that worsening global sentiment and geopolitical tensions were weighing on the rupee, while periodic intervention by the Reserve Bank was expected to provide support at lower levels.
March 23, 2026
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Director disqualification under the Companies Act stayed amid dispute over writ jurisdiction and NCLT control.
A division bench of the Kerala High Court stayed a single bench order that had disqualified the office-bearers and Board of Directors of SNDP Yogam for alleged non-compliance with statutory requirements under the Companies Act, 2013. The controversy concerned writ petitions alleging irregularities in the organisation's functioning and the contention that issues of directors' disqualification and company management fall within the jurisdiction of the National Company Law Tribunal. The bench had earlier directed maintenance of status quo pending a fresh list of directors before later issuing the stay.
March 23, 2026
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Corporate compliance reform bill aims to decriminalise minor offences, rationalise penalties, and ease business regulation.
The Corporate Laws (Amendment) Bill, 2026 proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act to facilitate ease of doing business, ease compliance burdens, rationalise penalties, decriminalise certain minor corporate offences, and convert several procedural lapses from criminal liability to monetary penalties. It also seeks to streamline regulatory processes, reduce litigation, and improve the corporate compliance framework for companies and LLPs, including one person companies, small companies, startups, and producer companies. The Bill was referred to a joint parliamentary committee for detailed examination and recommendations.
March 23, 2026
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Digital-first savings banking gains focus as AU Small Finance Bank expands a seamless, secure customer journey.
AU Small Finance Bank is strengthening its digital-first savings banking model by refining the customer journey across its Digital Savings Account portfolio. The enhanced ecosystem is designed to provide a seamless, intuitive, secure and mobile-first experience across multiple account segments, with simplified onboarding and clearer day-to-day account management. The approach also emphasizes guided decision-making, transparent communication on savings account essentials, faster access to core services through its mobile app, and an operating framework based on simplicity, accessibility and reliability.
March 23, 2026
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Rupee depreciation intensifies as crude prices, dollar strength and foreign outflows keep pressure on the currency.
The rupee weakened sharply in early trade and touched a record low against the US dollar amid elevated global crude prices, a strong dollar, foreign fund outflows and weakness in domestic equity markets. Market participants linked the depreciation to heightened dollar demand from oil imports and continued selling by foreign institutional investors. The Reserve Bank of India was reported to be active in the market at various levels, with expectations of possible intervention to curb further depreciation, while the dollar index remained firm and Brent crude continued to trade at elevated levels.
March 23, 2026
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Mutual credit guarantee for MSMEs expands eligibility, eases upfront costs, and adds stronger support for exporter units.
Mutual Credit Guarantee Scheme for MSMEs has been modified to widen eligibility, reduce upfront burden, and extend guarantee support for credit used to purchase plant, machinery, and equipment. The revised terms include service sector MSMEs, a reduced machinery cost threshold, a 10-year guarantee tenure, and refundable upfront contribution requirements. Special provisions for exporter MSMEs prescribe eligibility conditions, a capped guaranteed loan amount, higher guarantee coverage, and a concessional guarantee fee structure.
March 23, 2026
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Credit guarantee support for microfinance lending boosts financing to NBFC-MFIs, with capped rates and differentiated coverage.
Credit guarantee support is introduced for lending to NBFC-MFIs and MFIs through the National Credit Guarantee Trustee Company Limited to strengthen financing for on-lending to small borrowers within the Reserve Bank of India's microfinance definition. The scheme extends differentiated guarantee cover of 80% for small, 75% for medium and 70% for large NBFC-MFIs or MFIs, with a guarantee fee of 0.50% per annum and lending caps linked to EBLR or MCLR plus 2% per annum. The scheme remains valid until 30 June 2026 or until loans aggregating to Rs. 20,000 crore are guaranteed.
March 22, 2026
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Rural economy support and targeted welfare measures shape the Himachal Budget, with higher support prices and fiscal restraint steps.
The Budget for 2026-27 emphasised rural economy support, welfare-linked subsidies, and sector-specific price interventions. It proposed free electricity for identified poor families, monthly assistance for eligible women, housing support for poor households, higher support prices for crops, milk and fish, and reduced royalty on fish caught from reservoirs. The Budget also provided for forest-based livelihood measures, plantation-linked employment, eco-tourism development, and targeted support for shepherd communities, alongside temporary salary deferral measures to address fiscal stress.
March 21, 2026
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Discontinuation of Revenue Deficit Grant increases fiscal pressure; state enacts salary deferments and targeted welfare measures in budget.
The budget responds to discontinuation of the Revenue Deficit Grant by reducing overall expenditure and imposing temporary salary deferments for listed officeholders and senior officials for six months, while allocating funds to complete pending works. It shifts subsidies to targeted welfare-free electricity for identified low income households, monthly cash transfers to eligible women, housing for selected poor families-and specifies sectoral measures including increased procurement prices for milk, a minimum support price for fish with reduced royalty, formation of a Kisan Aayog and a Women's Tourism Fund, and allocations for eco tourism and forest plantation.

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Corp. Laws, SEBI & IBC

IICA AND NLUJA, ASSAM LAUNCH LL.M. PROGRAMME IN CORPORATE LAW AND MANAGEMENT

March 26, 2026

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Ms. Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, Government of India, formally launched the LL.M. in Corporate Law and Management, a two-year, fully residential programme, on 24th March 2026 at Kartavya Bhawan–I, New Delhi. The programme will be jointly offered by the Indian Institute of Corporate Affairs (IICA) and the National Law University and Judicial Academy Assam.

The launch event was attended by distinguished dignitaries including Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA; Prof. K. V. S. Sarma, Vice Chancellor, NLUJAA; Shri Shantanu Mitra, Senior Economic Advisor, MCA; Shri Shekhar Srivastava, Deputy Secretary, MCA; Shri Gunajit Roy Choudhury, Registrar, NLUJAA; Col. Amandeep Singh Puri, CAO; Shri Sudhaker Shukla, Head, Centre for Insolvency and Bankruptcy, IICA;, IICA; and Dr. Pyla Narayana Rao, Head, School of Corporate Law, IICA, along with senior faculty members and officials from both institutions.

Addressing the gathering, the Secretary, MCA, commended IICA and NLUJAA for successfully conceptualizing and launching a highly specialized master’s programme in corporate law within a very short span of time and it would serve as landmark initiative since the inauguration of the Northeastern Centre of IICA by Hon’ble Finance Minister. 

She highlighted that the structure of the programme is thoughtfully designed and draws strength from the MCA’s regulatory architecture and will enable students to gain hands-on exposure to industry experts, policymakers, and regulators.

Shri Gyaneshwar Kumar Singh, DG & CEO, IICA, remarked that the two year programme has been uniquely designed to strengthen professional competencies in corporate law, governance, and regulatory frameworks. He underlined its importance in equipping students—especially from the North-Eastern region—with both academic rigor and practical insights aligned with the evolving corporate landscape.

Prof. K. V. S. Sarma, Vice Chancellor, NLUJAA, stated that the programme aims to integrate legal education with managerial and compliance-oriented perspectives. He acknowledged the support of the Ministry of Corporate Affairs and appreciated the collaborative efforts of IICA leadership, faculty, and institutional partners in shaping this initiative.

The LL.M. programme is designed as a two-year, full-time residential course comprising 54 credits spread across four semesters, with academic engagement shared between the campuses of IICA and NLUJA Assam, the first year of the course shall be conducted at NLUJAA and second year of the course shall be conducted at IICA Campus, IMT Manesar.

The programme will initially offer 60 seats per batch. The application process will commence on 24th March 2026 and remain open until 24th June 2026. The academic session is scheduled to begin on 10th August 2026 at the NLUJA Assam campus. Interested candidates may submit their applications online through the official website of NLUJA Assam.

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