Government Introduces Tax Reform Bill To Boost Investment Environment

Why in the News ? The Union Government has introduced the Taxation and Other Laws (Amendment) Bill, 2026 in the Lok Sabha to simplify tax provisions, attract foreign investment from institutional investors and asset managers, promote data centre growth, strengthen fund management, and support the Make in India initiative while addressing evolving investor preferences and…

Nauru Renamed Naoero To Reclaim Indigenous National Identity

Why in the News ? The Republic of Nauru has officially adopted the indigenous name Republic of Naoero to strengthen its cultural identity, preserve its endangered language, and distance itself from colonial-era nomenclature, reflecting a broader global trend of decolonisation and cultural revival. Why Nauru Changed Its Name to Naoero: ●  The Republic of Nauru,…

Heatwaves And Lightning Added To India’s Notified Disaster List

Why in the News ? The Union Government has included heatwaves and lightning in the list of notified natural calamities under the State Disaster Response Fund (SDRF) and National Disaster Response Fund (NDRF) guidelines, enabling States to provide financial relief to affected people. Key Decision and Major Highlights: ●  The Ministry of Home Affairs (MHA)…

Parliament Clears Birth Death Registration Amendment Bill Amid Protests

Why in the News ? Parliament has passed the Registration of Births and Deaths (Amendment) Bill, 2026, introducing stricter provisions for delayed registration of births and deaths. The legislation was cleared amid Opposition protests over other issues, including demands for accountability on recent incidents. Key Provisions of the Registration of Births and Deaths (Amendment) Bill,…

Workshop on Financial Freedom at Universal School of Administration

Workshop on Financial Freedom at Universal School of Administration

The Internal Quality Assurance Cell (IQAC) of Universal School of Administration is organising an insightful workshop on “Financial Freedom” on 5 August 2026, from 12:30 p.m. to 1:00 p.m. at Seminar Hall–1. The session will be addressed by Mrs. Chandhini Pawar, Group President–HR, Kotak Group, and Col. P. V. Sudhir Narayana, President–Strategy & Operations, Kotak…

Michigan Reports First U.S. Deaths From Cyclosporiasis Outbreak

Why in News (40 words) The U.S. State of Michigan has reported the country’s first fatalities linked to the ongoing cyclo­sporiasis outbreak. Health authorities are investigating contaminated food sources as cases continue to rise across multiple states, highlighting concerns over food-borne diseases and public health surveillance. Cyclosporiasis Outbreak: Key Developments: ●  Michigan has reported the…

Lok Sabha Passes Supreme Court Judges Strength Amendment Bill

Why in the News ? The Lok Sabha has passed the Supreme Court (Number of Judges) Amendment Bill, 2026, increasing the sanctioned strength of Supreme Court judges from 34 to 38. The legislation aims to reduce judicial pendency and improve the efficiency of the apex court. Key Highlights of the Supreme Court Judges Amendment Bill:…

Odisha Seeks UNESCO Recognition For Puri Rath Yatra Tradition

Why in the News ? The Odisha Government has requested the Union Ministry of Culture to support the nomination of the Puri Jagannath Rath Yatra for inscription on UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity, highlighting its global cultural and spiritual significance. Odisha’s Proposal for UNESCO Recognition: ●  Odisha Chief Minister Mohan…

West Bengal Clears Land For India-Bangladesh Border Fencing Project

Why in the News ? The West Bengal Cabinet has approved the transfer of land to the Border Security Force (BSF) for completing the India–Bangladesh border fencing project. The decision removes a major bottleneck in strengthening border security, surveillance, and cross-border crime prevention. West Bengal’s Decision and Border Fencing Progress: ●  The West Bengal Cabinet…

Rajya Sabha Passes Landmark MSME Development Amendment Bill 2026

Why in the News ? The Rajya Sabha has passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, introducing a national digital registration platform and mandatory TReDS-based invoice settlement for CPSEs to strengthen MSME liquidity and improve ease of doing business, attracting investment decisions from institutional investors and fund managers focused on market…