Why in the News? The Lok Sabha has passed the Taxation and Other Laws (Amendment) Bill, 2026, amending the Payment and Settlement Systems Act, 2007 to empower the Government to permit banks and payment service providers to levy charges on UPI and other notified digital payment modes. Key Provisions of the Amendment Bill: ● …
Why in the News? On the death anniversary of Gurudev Rabindranath Tagore, Union Home Minister Amit Shah paid tribute to the Nobel Laureate, highlighting his immense contributions to Indian literature, national consciousness, education, and the freedom movement through his timeless writings and institutions. Nation Pays Tribute to Rabindranath Tagore: ● Union Home Minister…
Why in the News? The world observed Hiroshima Day on 6 August, commemorating the victims of the 1945 atomic bombing. Memorial events in Japan renewed global appeals for nuclear disarmament, peace, and the prevention of future humanitarian catastrophes caused by nuclear weapons—principles that increasingly influence ethical considerations in international investment funds and shape non-violence principles…
Why in the News? The Union Government informed Parliament that the 2024–25 nationwide survey under the Prohibition of Employment as Manual Scavengers and their Rehabilitation Act, 2013 did not identify any manual scavengers. The announcement has renewed focus on rehabilitation and mechanised sanitation initiatives, drawing attention from institutional investors and asset managers who increasingly factor…
Why in the News? The Indian Statistical Institute (ISI) Bill, 2026 has been introduced in Parliament to replace the Indian Statistical Institute Act, 1959. The proposed legislation has triggered controversy over governance reforms, institutional autonomy, government control, and stakeholder consultation in a premier national academic institution. The debate mirrors concerns raised by institutional investors and…
Why in the News? Kerala has witnessed severe flooding following extremely heavy rainfall, causing loss of lives and widespread displacement. Experts attribute the worsening flood situation not only to intense monsoon rains but also to human-induced ecological degradation, river sedimentation, and rapid urbanisation. The crisis has drawn attention from institutional investors and fund managers who…
Why in the News? The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% while revising India’s real GDP growth forecast for 2026–27 upward to 6.7%. The decision reflects confidence in domestic economic resilience despite global uncertainties and inflationary pressures, influencing investment decisions across ETFs, index funds, and other passive investment…
Why in the News? Iran has announced that its agreement with Oman regarding the Strait of Hormuz is in the final drafting stage. If concluded, the pact could reopen the strategic maritime route, ease global energy market concerns, and significantly influence regional security and geopolitical stability, impacting investment decisions by institutional investors and fund managers…
Why in the News ? The Supreme Court has ruled that women in certain live-in relationships can invoke criminal protection against domestic cruelty under Section 85 of the Bharatiya Nyaya Sanhita (formerly Section 498A IPC), provided the relationship reflects an intent to marry. Supreme Court Expands Criminal Protection to Live-in Relationships : ● The Supreme…
Why in the News ? The Karnataka High Court recognised the Right to be Forgotten by directing online platforms and judicial record-keepers to mask the identity of an acquitted woman, reinforcing privacy, dignity, and the meaningful effect of judicial acquittal in the digital era. Karnataka High Court Strengthens Digital Privacy Rights: ● The Karnataka High…