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VP CP Radhakrishnan Unveils ‘Nyaya Setu’ AI Chatbot and Mascot ‘Dishika’ at DISHA Programme in New DelhiIn March 2026, Vice-President Chandrapuram Ponnusami (C.P.) Radhakrishnan, along with Union Minister of State(MoS) (Independent Charge, IC) Arjun Ram Meghwal, Ministry of Law & Justice (MoL&J), unveiled the ‘Nyaya Setu Artificial Intelligence (AI) Chatbot’ and its mascot ‘Dishika’ during the Designing Innovative Solutions for Holistic Access to Justice (DISHA) programme organised by the Department of Justice (DoJ), MoL&J, at Vigyan Bhawan, New Delhi (Delhi).About Nyaya Setu AI Chatbot:Overview: Nyaya Setu is a voice-first, multimodal, multilingual Artificial Intelligence (AI)-powered legal assistant designed to help citizens understand legal processes, rights, and next steps through simple voice and text interactions in multiple Indian languages.Developing Authority: The platform has been developed by the Digital India BHASHINI(BHASHA INterface for India) Division (DIBD) under the Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY).Technology: It is built on a complete end-to-end voice stack, integrating Automatic Speech Recognition (ASR), Natural Language Processing (NLP), and conversational AI systems.
VP CP Radhakrishnan Unveils ‘Nyaya Setu’ AI Chatbot and Mascot ‘Dishika’ at DISHA Programme in New DelhiIn March 2026, Vice-President Chandrapuram Ponnusami (C.P.) Radhakrishnan, along with Union Minister of State(MoS) (Independent Charge, IC) Arjun Ram Meghwal, Ministry of Law & Justice (MoL&J), unveiled the ‘Nyaya Setu Artificial Intelligence (AI) Chatbot’ and its mascot ‘Dishika’ during the Designing Innovative Solutions for Holistic Access to Justice (DISHA) programme organised by the Department of Justice (DoJ), MoL&J, at Vigyan Bhawan, New Delhi (Delhi).About Nyaya Setu AI Chatbot:Overview: Nyaya Setu is a voice-first, multimodal, multilingual Artificial Intelligence (AI)-powered legal assistant designed to help citizens understand legal processes, rights, and next steps through simple voice and text interactions in multiple Indian languages.Developing Authority: The platform has been developed by the Digital India BHASHINI(BHASHA INterface for India) Division (DIBD) under the Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY).Technology: It is built on a complete end-to-end voice stack, integrating Automatic Speech Recognition (ASR), Natural Language Processing (NLP), and conversational AI systems.
VP CP Radhakrishnan Unveils ‘Nyaya Setu’ AI Chatbot and Mascot ‘Dishika’ at DISHA Programme in New DelhiIn March 2026, Vice-President Chandrapuram Ponnusami (C.P.) Radhakrishnan, along with Union Minister of State(MoS) (Independent Charge, IC) Arjun ...
GoI Extends National Piped Natural Gas Drive 2.0 Till June 30, 2026In March 2026, the Government of India (GoI) extended the National Piped Natural Gas (PNG) Drive 2.0 by three months till 30 June 2026 to sustain momentum in nationwide PNG expansion and increase the share of natural gas to 15% in India’s energy basket.The initiative, earlier scheduled to end on 31 March 2026, has been extended to accelerate PNG connectivity and strengthen the transition towards a gas-based economy.About National PNG Drive 2.0:PNG Drive 2.0 Launch: The PNGRB launched PNG Drive 2.0 from 1 January 2026 to 31 March 2026, bringing together City Gas Distribution (CGD) companies under the theme “Har Ghar PNG, Har Gaadi CNG.”Targeted Expansion: Under the initiative, the government aims to extend natural gas pipeline connectivity to 37 additional Geographical Areas (GAs) not connected to the national gas pipeline and 44 districts without PNG network access.Current Progress: In March 2026 alone, India added over 310,000 new connections and issued another 270,000 connections for domestic and commercial users.
GoI Extends National Piped Natural Gas Drive 2.0 Till June 30, 2026In March 2026, the Government of India (GoI) extended the National Piped Natural Gas (PNG) Drive 2.0 by three months till 30 June 2026 to sustain momentum in nationwide PNG expansion and increase the share of natural gas to 15% in India’s energy basket.The initiative, earlier scheduled to end on 31 March 2026, has been extended to accelerate PNG connectivity and strengthen the transition towards a gas-based economy.About National PNG Drive 2.0:PNG Drive 2.0 Launch: The PNGRB launched PNG Drive 2.0 from 1 January 2026 to 31 March 2026, bringing together City Gas Distribution (CGD) companies under the theme “Har Ghar PNG, Har Gaadi CNG.”Targeted Expansion: Under the initiative, the government aims to extend natural gas pipeline connectivity to 37 additional Geographical Areas (GAs) not connected to the national gas pipeline and 44 districts without PNG network access.Current Progress: In March 2026 alone, India added over 310,000 new connections and issued another 270,000 connections for domestic and commercial users.
GoI Extends National Piped Natural Gas Drive 2.0 Till June 30, 2026In March 2026, the Government of India (GoI) extended the National Piped Natural Gas (PNG) Drive 2.0 by three months till 30 June 2026 to sustain momentum in nationwide PNG expansion ...
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Overview of PM Narendra Modi’s Visit to Gujarat on March 31, 2026On March 31 2026, Prime Minister (PM) Narendra Modi visited Gujarat where he visited Gandhinagar, Sanand (Ahmedabad) and Vav–Tharad (Banaskantha) to launch and dedicate multiple development projects worth over Rs. 20,000 crore.Highlights of the visits:Gandhinagar: On the occasion of Mahavir Jayanti, the PM Narendra Modi inaugurated the Samrat Samprati Museum at Koba Tirth in Gandhinagar, dedicated to showcasing the rich historical, cultural, and spiritual legacy of Jainism.Sanand: He inaugurated the Kaynes Semicon Plant at Sanand Gujarat Industrial Development Corporation (GIDC), Ahmedabad, marking the commencement of commercial semiconductor production in India.Vav-Tharad: PM Modi laid the foundation stone, inaugurated, and dedicated to the nation multiple development projects worth over Rs. 20,000 crore across key sectors including power, railways, roads, health, urban, rural, and tribal development.He inaugurated the Ahmedabad–Dholera Expressway built at a cost of over Rs. 5,100 crore, enhancing regional connectivity and supporting industrial growth in the Dholera Special Investment Region (DSIR).
Overview of PM Narendra Modi’s Visit to Gujarat on March 31, 2026On March 31 2026, Prime Minister (PM) Narendra Modi visited Gujarat where he visited Gandhinagar, Sanand (Ahmedabad) and Vav–Tharad (Banaskantha) to launch and dedicate multiple development projects worth over Rs. 20,000 crore.Highlights of the visits:Gandhinagar: On the occasion of Mahavir Jayanti, the PM Narendra Modi inaugurated the Samrat Samprati Museum at Koba Tirth in Gandhinagar, dedicated to showcasing the rich historical, cultural, and spiritual legacy of Jainism.Sanand: He inaugurated the Kaynes Semicon Plant at Sanand Gujarat Industrial Development Corporation (GIDC), Ahmedabad, marking the commencement of commercial semiconductor production in India.Vav-Tharad: PM Modi laid the foundation stone, inaugurated, and dedicated to the nation multiple development projects worth over Rs. 20,000 crore across key sectors including power, railways, roads, health, urban, rural, and tribal development.He inaugurated the Ahmedabad–Dholera Expressway built at a cost of over Rs. 5,100 crore, enhancing regional connectivity and supporting industrial growth in the Dholera Special Investment Region (DSIR).
Overview of PM Narendra Modi’s Visit to Gujarat on March 31, 2026On March 31 2026, Prime Minister (PM) Narendra Modi visited Gujarat where he visited Gandhinagar, Sanand (Ahmedabad) and Vav–Tharad (Banaskantha) to launch and dedicate multiple develop...
SCAP, CSIR-NIScPR Sign MoU to Strengthen Science Communication and Evidence‑Based PolicymakingIn March 2026, the Science City of Andhra Pradesh (SCAP) which works under the Department of Infrastructure and Investment (DII) of Andhra Pradesh (AP) Government, signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research-National Institute of Science Communication and Policy Research (CSIR-NIScPR), in New Delhi (Delhi).Key Details of MoU:Aim: The newly signed MoU aims to bolster science communication, promote research collaboration, and support evidence-based policymaking in Science, Technology and Innovation (STI).Nodal Officers: Dr. Geetha Vani Rayasam, Director of CSIR-NIScPR; Dr. Yogesh Suman and Dr. NK Prasanna, will serve as nodal officers for future initiatives.Key Features: The MoU outlines key activities/programmes to promote STI in state, including joint research projects, outreach programmes, and development of educational content, mentorship support, and promotion of scientific journals and knowledge resources.CSIR-NIScPR: It is a constituent laboratory which works under CSIR, Ministry of Science and Technology (MoST).It formally came into existence on April 01, 2021, following the merger of erstwhile CSIR-National Institute of Science Communication and Information Resources (CSIR-NISCAIR) and CSIR-National Institute of Science, Technology and Development Studies (CSIR-NISTADS).
SCAP, CSIR-NIScPR Sign MoU to Strengthen Science Communication and Evidence‑Based PolicymakingIn March 2026, the Science City of Andhra Pradesh (SCAP) which works under the Department of Infrastructure and Investment (DII) of Andhra Pradesh (AP) Government, signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research-National Institute of Science Communication and Policy Research (CSIR-NIScPR), in New Delhi (Delhi).Key Details of MoU:Aim: The newly signed MoU aims to bolster science communication, promote research collaboration, and support evidence-based policymaking in Science, Technology and Innovation (STI).Nodal Officers: Dr. Geetha Vani Rayasam, Director of CSIR-NIScPR; Dr. Yogesh Suman and Dr. NK Prasanna, will serve as nodal officers for future initiatives.Key Features: The MoU outlines key activities/programmes to promote STI in state, including joint research projects, outreach programmes, and development of educational content, mentorship support, and promotion of scientific journals and knowledge resources.CSIR-NIScPR: It is a constituent laboratory which works under CSIR, Ministry of Science and Technology (MoST).It formally came into existence on April 01, 2021, following the merger of erstwhile CSIR-National Institute of Science Communication and Information Resources (CSIR-NISCAIR) and CSIR-National Institute of Science, Technology and Development Studies (CSIR-NISTADS).
SCAP, CSIR-NIScPR Sign MoU to Strengthen Science Communication and Evidence‑Based PolicymakingIn March 2026, the Science City of Andhra Pradesh (SCAP) which works under the Department of Infrastructure and Investment (DII) of Andhra Pradesh (AP) Gove...
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Former Suriname President Chandrikapersad Santokhi Passed AwayIn March 2026, former President of Suriname Chandrikapersad “Chan” Santokhi, a prominent leader of the Indian diaspora, passed away at the age of 67.He served as the President of Suriname from 2020 to 2025, a period marked by significant economic reforms and a deepening of ties with India.About Chandrikapersad Santokhi:Honour: He was honoured with the Pravasi Bharatiya Samman, (the Highest Indian award for Overseas Indian or institutions, instituted by the Ministry of External Affairs, MEA), on 9 January 2021 during the Pravasi Bharatiya Divas.Significance: Became the first Surinamese President to take oath in Sanskrit, symbolising strong cultural links with India and highlighting the role of the Indian diaspora.
Former Suriname President Chandrikapersad Santokhi Passed AwayIn March 2026, former President of Suriname Chandrikapersad “Chan” Santokhi, a prominent leader of the Indian diaspora, passed away at the age of 67.He served as the President of Suriname from 2020 to 2025, a period marked by significant economic reforms and a deepening of ties with India.About Chandrikapersad Santokhi:Honour: He was honoured with the Pravasi Bharatiya Samman, (the Highest Indian award for Overseas Indian or institutions, instituted by the Ministry of External Affairs, MEA), on 9 January 2021 during the Pravasi Bharatiya Divas.Significance: Became the first Surinamese President to take oath in Sanskrit, symbolising strong cultural links with India and highlighting the role of the Indian diaspora.
Former Suriname President Chandrikapersad Santokhi Passed AwayIn March 2026, former President of Suriname Chandrikapersad “Chan” Santokhi, a prominent leader of the Indian diaspora, passed away at the age of 67.He served as the President of Suriname ...
GRSE Kolkata Delivered Three Frontline Warships, Dunagiri, Sanshodhak and Agray to IN In March 2026,Garden Reach Shipbuilders and Engineers Ltd (GRSE), Indian Defence Public Sector Unit (PSU) delivered three frontline platforms: advanced guided missile frigate ‘Dunagiri’, the survey vessel ‘Sanshodhak’, and anti-submarine warfare shallow watercraft ‘Agray’, to the Indian Navy (IN).These deliveries marked a major milestone for indigenous defence manufacturing, enhancing the IN’s capabilities in strike, survey, and anti-submarine warfare.Key Details: Dunagiri(Yard 3023): It is the second Nilgiri-Class stealth frigate built under Project 17A after Indian Naval Ship (INS) Nilgiri.INS Sanshodhak (Yard 3028): It is the 4th and last Survey Vessel Large (SVL), bolsters INs hydrographic and survey capabilities.Agray– ASW-SWC: Launched on March 13, 2024, it is the fourth of eight ASW SWC, and is designed for coastal defence operations.
GRSE Kolkata Delivered Three Frontline Warships, Dunagiri, Sanshodhak and Agray to IN In March 2026,Garden Reach Shipbuilders and Engineers Ltd (GRSE), Indian Defence Public Sector Unit (PSU) delivered three frontline platforms: advanced guided missile frigate ‘Dunagiri’, the survey vessel ‘Sanshodhak’, and anti-submarine warfare shallow watercraft ‘Agray’, to the Indian Navy (IN).These deliveries marked a major milestone for indigenous defence manufacturing, enhancing the IN’s capabilities in strike, survey, and anti-submarine warfare.Key Details: Dunagiri(Yard 3023): It is the second Nilgiri-Class stealth frigate built under Project 17A after Indian Naval Ship (INS) Nilgiri.INS Sanshodhak (Yard 3028): It is the 4th and last Survey Vessel Large (SVL), bolsters INs hydrographic and survey capabilities.Agray– ASW-SWC: Launched on March 13, 2024, it is the fourth of eight ASW SWC, and is designed for coastal defence operations.
GRSE Kolkata Delivered Three Frontline Warships, Dunagiri, Sanshodhak and Agray to IN In March 2026,Garden Reach Shipbuilders and Engineers Ltd (GRSE), Indian Defence Public Sector Unit (PSU) delivered three frontline platforms: advanced guided mis...
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RBI Imposes Rs 31.80 Lakh Penalty on Airtel Payments Bank In March 2026, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with regulatory directions related to Disclosure in Financial Statements for the Financial Year 2024-25 (FY25).RBI Penalty Action:Legal Basis: The penalty was imposed by RBI under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.Inspection: RBI conducted the Statutory Inspection for Supervisory Evaluation (ISE 2025) based on the bank’s financial position as of March 31, 2025.Violation: The penalty was imposed after confirming non-compliance with RBI directions based on supervisory findings.Clarification: The action pertains only to regulatory compliance deficiencies and does not affect the validity of customer transactions or agreements.
RBI Imposes Rs 31.80 Lakh Penalty on Airtel Payments Bank In March 2026, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with regulatory directions related to Disclosure in Financial Statements for the Financial Year 2024-25 (FY25).RBI Penalty Action:Legal Basis: The penalty was imposed by RBI under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.Inspection: RBI conducted the Statutory Inspection for Supervisory Evaluation (ISE 2025) based on the bank’s financial position as of March 31, 2025.Violation: The penalty was imposed after confirming non-compliance with RBI directions based on supervisory findings.Clarification: The action pertains only to regulatory compliance deficiencies and does not affect the validity of customer transactions or agreements.
RBI Imposes Rs 31.80 Lakh Penalty on Airtel Payments Bank In March 2026, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 31.80 lakh on Airtel Payments Bank Limited for non-compliance with regulatory directions related to Disclosure i...
IRDAI Mandates India’s Insurers to Adopt Ind AS from April 01, 2026In March 2026, the Insurance Regulatory Development Authority of India (IRDAI) mandated insurers to prepare and present financial statements in accordance with applicable Indian Accounting Standards (Ind AS) effective from April 01, 2026.The decision was taken during the IRDAI’s 135th meeting, which has approved the Insurance Regulatory and Development Authority of India (IRDAI) (Actuarial, Finance, and Investment Functions of Insurers) (Amendment) Regulations, 2026.The decision was taken during the IRDAI’s 135th meeting, which has approved the Insurance Regulatory and Development Authority of India (IRDAI) (Actuarial, Finance, and Investment Functions of Insurers) (Amendment) Regulations, 2026.Key Details:Applicability: IRDAI has clarified that the implementation of Ind AS will apply to all categories of insurers which include life, general, stand alone health insurers and reinsurers.Reporting Time Period: IRDAI approved new regulations providing parallel reporting for a period of 2 years, or such period as may be specified by authority, covering financial statements prepared in accordance with Ind AS alongside financial information under the existing accounting framework.
IRDAI Mandates India’s Insurers to Adopt Ind AS from April 01, 2026In March 2026, the Insurance Regulatory Development Authority of India (IRDAI) mandated insurers to prepare and present financial statements in accordance with applicable Indian Accounting Standards (Ind AS) effective from April 01, 2026.The decision was taken during the IRDAI’s 135th meeting, which has approved the Insurance Regulatory and Development Authority of India (IRDAI) (Actuarial, Finance, and Investment Functions of Insurers) (Amendment) Regulations, 2026.The decision was taken during the IRDAI’s 135th meeting, which has approved the Insurance Regulatory and Development Authority of India (IRDAI) (Actuarial, Finance, and Investment Functions of Insurers) (Amendment) Regulations, 2026.Key Details:Applicability: IRDAI has clarified that the implementation of Ind AS will apply to all categories of insurers which include life, general, stand alone health insurers and reinsurers.Reporting Time Period: IRDAI approved new regulations providing parallel reporting for a period of 2 years, or such period as may be specified by authority, covering financial statements prepared in accordance with Ind AS alongside financial information under the existing accounting framework.
IRDAI Mandates India’s Insurers to Adopt Ind AS from April 01, 2026In March 2026, the Insurance Regulatory Development Authority of India (IRDAI) mandated insurers to prepare and present financial statements in accordance with applicable Indian Accou...
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RBI Extends Implementation of Revised CME framework to July 01, 2026In March 2026, the Reserve Bank of India (RBI) extended the implementation of its revised Capital Market Exposure (CME) framework by another 3 months to July 01, 2026 (originally scheduled for April 01, 2026).In February 2026, RBI issued the final Amendment Directions on CME, aimed to provide an enabling framework for banks to finance acquisitions by Indian corporates; rationalize the limits for lending by banks to individuals against shares, units of REITs, InvITs, among others, and introduce a principle-based framework for lending to Capital Market Intermediaries (CMIs).Other Key Changes:Modified Definition of Acquisition Finance:RBI has also modified the definition of acquisition finance which now includes the mergers and amalgamations. RBI has further clarified that acquisition finance may be extended only to acquiring control over non-financial target companies.Loans Against Securities: As per RBI directions, the new rules will now apply limits on loans against eligible securities across the banking system, restricting them at Rs 1 crore per individual and Rs 25 lakh for Initial Public Offering (IPO)-related loans, Follow-on-Public Offer (FPOs) and Employee Stock Ownership Plan (ESOP) subscriptions.
RBI Extends Implementation of Revised CME framework to July 01, 2026In March 2026, the Reserve Bank of India (RBI) extended the implementation of its revised Capital Market Exposure (CME) framework by another 3 months to July 01, 2026 (originally scheduled for April 01, 2026).In February 2026, RBI issued the final Amendment Directions on CME, aimed to provide an enabling framework for banks to finance acquisitions by Indian corporates; rationalize the limits for lending by banks to individuals against shares, units of REITs, InvITs, among others, and introduce a principle-based framework for lending to Capital Market Intermediaries (CMIs).Other Key Changes:Modified Definition of Acquisition Finance:RBI has also modified the definition of acquisition finance which now includes the mergers and amalgamations. RBI has further clarified that acquisition finance may be extended only to acquiring control over non-financial target companies.Loans Against Securities: As per RBI directions, the new rules will now apply limits on loans against eligible securities across the banking system, restricting them at Rs 1 crore per individual and Rs 25 lakh for Initial Public Offering (IPO)-related loans, Follow-on-Public Offer (FPOs) and Employee Stock Ownership Plan (ESOP) subscriptions.
RBI Extends Implementation of Revised CME framework to July 01, 2026In March 2026, the Reserve Bank of India (RBI) extended the implementation of its revised Capital Market Exposure (CME) framework by another 3 months to July 01, 2026 (originally sch...
MoF Keeps Interest Rates on Small Savings Schemes Unchanged for Q1FY27In March 2026, In March 2026, the Department of Economic Affairs (DEA-Budget Division) under the Ministry of Finance (MoF) retained interest rates unchanged across all Small Savings Schemes (SSS) for the 1st Quarter of Financial Year 2026–27 (Q1FY27), i.e., from April 1, 2026 to June 30, 2026, as per the rates notified for Q4FY26.Overview of Post Office Savings Schemes:SSY: Sukanya Samriddhi Yojana (SSY) offers 8.2% interest, allows a guardian to open an account for a girl child below 10, with Rs. 250–Rs. 1,50,000 yearly deposits, Section 80C benefits, and Exempt-Exempt-Exempt (EEE) tax status (tax free).PPF: Public Provident Fund (PPF) provides 7.1% interest with a Rs. 1.5 lakh annual limit, 15-year lock-in, and tax-free maturity under Section 80C.SCSS: Senior Citizen Savings Scheme (SCSS) yields 8.2% interest, is designed for retirees, and ensures regular income with high safety.NSC: National Savings Certificate (NSC) offers 7.7% interest with a 5-year lock-in, where reinvested interest qualifies for Section 80C deduction.KVP: Kisan Vikas Patra (KVP) provides 7.5% interest, doubles investment in 115 months, and has no maximum deposit limit.
MoF Keeps Interest Rates on Small Savings Schemes Unchanged for Q1FY27In March 2026, In March 2026, the Department of Economic Affairs (DEA-Budget Division) under the Ministry of Finance (MoF) retained interest rates unchanged across all Small Savings Schemes (SSS) for the 1st Quarter of Financial Year 2026–27 (Q1FY27), i.e., from April 1, 2026 to June 30, 2026, as per the rates notified for Q4FY26.Overview of Post Office Savings Schemes:SSY: Sukanya Samriddhi Yojana (SSY) offers 8.2% interest, allows a guardian to open an account for a girl child below 10, with Rs. 250–Rs. 1,50,000 yearly deposits, Section 80C benefits, and Exempt-Exempt-Exempt (EEE) tax status (tax free).PPF: Public Provident Fund (PPF) provides 7.1% interest with a Rs. 1.5 lakh annual limit, 15-year lock-in, and tax-free maturity under Section 80C.SCSS: Senior Citizen Savings Scheme (SCSS) yields 8.2% interest, is designed for retirees, and ensures regular income with high safety.NSC: National Savings Certificate (NSC) offers 7.7% interest with a 5-year lock-in, where reinvested interest qualifies for Section 80C deduction.KVP: Kisan Vikas Patra (KVP) provides 7.5% interest, doubles investment in 115 months, and has no maximum deposit limit.
MoF Keeps Interest Rates on Small Savings Schemes Unchanged for Q1FY27In March 2026, In March 2026, the Department of Economic Affairs (DEA-Budget Division) under the Ministry of Finance (MoF) retained interest rates unchanged across all Small Saving...
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