Language:
Daily Current Affairs & GK
Latest updates for SSC, Banking, Railways & State Exams
Advertisement
SEBI announces major reforms at its 213th board meeting held in MumbaiIn March 2026, the Securities and Exchange Board of India (SEBI), approved a wide-ranging set of regulatory changes covering market intermediaries, foreign investors, alternative investment funds (AIF), and governance norms at its 213th board meeting held in Mumbai, Maharashtra.Social Impact Funds (SIF)Social Impact Fund (SIF): The SIF is a sub-category of Category-I AIF introduced in July 2022, that primarily invests in Not-for Profit (NPOs) registered or listed on the Social Stock Exchange (SSE) and in for-profit social enterprises.Minimum Value: The Board approved amendments to SEBI (AIF) Regulations, 2012 to reduce the minimum value of investment by individual investors in SIF of AIF to Rs 1000 from existing Rs 2 lakhs.Winding Up SchemesFlexibility: The board has introduced flexibility for AIFs in winding up schemes and surrendering registration.Procedure: AIFs will now be allowed to retain liquidation proceeds beyond the tenure under specific conditions such as pending litigation, tax liabilities, or operational expenses. To retain funds, AIFs have to either show.
SEBI announces major reforms at its 213th board meeting held in MumbaiIn March 2026, the Securities and Exchange Board of India (SEBI), approved a wide-ranging set of regulatory changes covering market intermediaries, foreign investors, alternative investment funds (AIF), and governance norms at its 213th board meeting held in Mumbai, Maharashtra.Social Impact Funds (SIF)Social Impact Fund (SIF): The SIF is a sub-category of Category-I AIF introduced in July 2022, that primarily invests in Not-for Profit (NPOs) registered or listed on the Social Stock Exchange (SSE) and in for-profit social enterprises.Minimum Value: The Board approved amendments to SEBI (AIF) Regulations, 2012 to reduce the minimum value of investment by individual investors in SIF of AIF to Rs 1000 from existing Rs 2 lakhs.Winding Up SchemesFlexibility: The board has introduced flexibility for AIFs in winding up schemes and surrendering registration.Procedure: AIFs will now be allowed to retain liquidation proceeds beyond the tenure under specific conditions such as pending litigation, tax liabilities, or operational expenses. To retain funds, AIFs have to either show.
SEBI announces major reforms at its 213th board meeting held in MumbaiIn March 2026, the Securities and Exchange Board of India (SEBI), approved a wide-ranging set of regulatory changes covering market intermediaries, foreign investors, alternative i...
NITI Aayog Sanctions Rs 1.55 Crore to RISE Centre for Skill Development and Women-led EnterpriseIn March 2026, the National Institution for Transforming India (NITI Aayog) sanctioned Rs 1.55 crore as financial assistance to support programmes being undertaken at Rural Incubation, Skilling and Entrepreneurship (RISE) Centre at Guntupalli in Ibrahimpatnam mandal, NTR district in Andhra Pradesh (AP).This approved financial assistance aims to empower women and help transform women from rural areas into entrepreneurs.Key Details of Financial Assistance:Use of Funds: As per NITI Aayog, the funds will be used for carrying out various initiatives such as: Artificial Intelligence (AI)-based skills survey, skill development and training programmes, and strengthening infrastructure at the RISE Centre.Key Accomplishments: NITI Aayog revealed that over 1,000 women have already been trained in domains like: AI, spoken English, paper crafts, solar panel installation, among others.Further, with the support of the initiative, more than 300 families have started their small enterprises.Aligns with: The initiative is aligned with the AP’s government vision of ‘One family-one Entrepreneur’ and Swarnandhra Vision @2047.
NITI Aayog Sanctions Rs 1.55 Crore to RISE Centre for Skill Development and Women-led EnterpriseIn March 2026, the National Institution for Transforming India (NITI Aayog) sanctioned Rs 1.55 crore as financial assistance to support programmes being undertaken at Rural Incubation, Skilling and Entrepreneurship (RISE) Centre at Guntupalli in Ibrahimpatnam mandal, NTR district in Andhra Pradesh (AP).This approved financial assistance aims to empower women and help transform women from rural areas into entrepreneurs.Key Details of Financial Assistance:Use of Funds: As per NITI Aayog, the funds will be used for carrying out various initiatives such as: Artificial Intelligence (AI)-based skills survey, skill development and training programmes, and strengthening infrastructure at the RISE Centre.Key Accomplishments: NITI Aayog revealed that over 1,000 women have already been trained in domains like: AI, spoken English, paper crafts, solar panel installation, among others.Further, with the support of the initiative, more than 300 families have started their small enterprises.Aligns with: The initiative is aligned with the AP’s government vision of ‘One family-one Entrepreneur’ and Swarnandhra Vision @2047.
NITI Aayog Sanctions Rs 1.55 Crore to RISE Centre for Skill Development and Women-led EnterpriseIn March 2026, the National Institution for Transforming India (NITI Aayog) sanctioned Rs 1.55 crore as financial assistance to support programmes being u...
Sponsored Advertisement
MoRD Launches Real-time Internal Audit Portal to Revolutionize Governance and OversightIn March 2026, the Ministry of Rural Development (MoRD) announced the operationalization of a comprehensive ‘Internal Audit Portal’, aimed at transitioning from conventional manual audit processes to a real-time, centralized digital system.This new portal is expected to significantly enhance transparency and institutional accountability across rural development programs.About Internal Audit Portal: Developed by: This newly launched portal is developed by the National Informatics Centre (NIC) which works under the Ministry of Electronics and Information Technology (MeitY).Integration: The portal integrates Secretary-level access, enabling direct monitoring of audit performance across departments and helping senior leadership identify administrative bottlenecks and make evidence-based decisions.Key Features: It provides visibility into audit status, Action Taken Reports (ATRs), and pending compliance.The portal will generate automated alerts to address delays in compliance. It offers secure, need-based access controls, ensuring data integrity while allowing cross-departmental coordination.Significance: The operationalization of the portal will reduce the ‘compliance gap’ by enhancing the speed at which audit observations are resolved.
MoRD Launches Real-time Internal Audit Portal to Revolutionize Governance and OversightIn March 2026, the Ministry of Rural Development (MoRD) announced the operationalization of a comprehensive ‘Internal Audit Portal’, aimed at transitioning from conventional manual audit processes to a real-time, centralized digital system.This new portal is expected to significantly enhance transparency and institutional accountability across rural development programs.About Internal Audit Portal: Developed by: This newly launched portal is developed by the National Informatics Centre (NIC) which works under the Ministry of Electronics and Information Technology (MeitY).Integration: The portal integrates Secretary-level access, enabling direct monitoring of audit performance across departments and helping senior leadership identify administrative bottlenecks and make evidence-based decisions.Key Features: It provides visibility into audit status, Action Taken Reports (ATRs), and pending compliance.The portal will generate automated alerts to address delays in compliance. It offers secure, need-based access controls, ensuring data integrity while allowing cross-departmental coordination.Significance: The operationalization of the portal will reduce the ‘compliance gap’ by enhancing the speed at which audit observations are resolved.
MoRD Launches Real-time Internal Audit Portal to Revolutionize Governance and OversightIn March 2026, the Ministry of Rural Development (MoRD) announced the operationalization of a comprehensive ‘Internal Audit Portal’, aimed at transitioning from co...
Union Minister Ashwini Vaishnaw Launches National AI Skilling Initiative, My WAVES, In built TV Tuner and Advanced EPGIn March 2026, Union Minister Ashwini Vaishnaw, Ministry of Information & Broadcasting (MIB), launched three major initiatives namely: National AI Skilling Initiative ; MyWAVES and the implementation of Advanced Electronic Programme Guide (EPG) and in-built satellite tuners in Television (TV) sets for enhancing access to Doordarshan(DD) Free Dish services, in New Delhi, Delhi.Key Details of the Initiatives: National AI Skilling Programme: The programme was launched in partnership with Google and YouTube. It is designed to train 15,000 participants from the creative and media sectors.It is being implemented through the Indian Institute of Creative Technologies (IICT).MyWaves: It is introduced as a new feature within the WAVES OTT platform that will allow citizens to create, upload and share content.Advanced EPG & In-built Satellite Tuner in TV Sets: This new initiative will enable the viewers to watch DD Free Dish channels directly on their TV sets without the need for a separate set-top box, thereby reducing additional costs, wiring, and the hassle of multiple remotes.
Union Minister Ashwini Vaishnaw Launches National AI Skilling Initiative, My WAVES, In built TV Tuner and Advanced EPGIn March 2026, Union Minister Ashwini Vaishnaw, Ministry of Information & Broadcasting (MIB), launched three major initiatives namely: National AI Skilling Initiative ; MyWAVES and the implementation of Advanced Electronic Programme Guide (EPG) and in-built satellite tuners in Television (TV) sets for enhancing access to Doordarshan(DD) Free Dish services, in New Delhi, Delhi.Key Details of the Initiatives: National AI Skilling Programme: The programme was launched in partnership with Google and YouTube. It is designed to train 15,000 participants from the creative and media sectors.It is being implemented through the Indian Institute of Creative Technologies (IICT).MyWaves: It is introduced as a new feature within the WAVES OTT platform that will allow citizens to create, upload and share content.Advanced EPG & In-built Satellite Tuner in TV Sets: This new initiative will enable the viewers to watch DD Free Dish channels directly on their TV sets without the need for a separate set-top box, thereby reducing additional costs, wiring, and the hassle of multiple remotes.
Union Minister Ashwini Vaishnaw Launches National AI Skilling Initiative, My WAVES, In built TV Tuner and Advanced EPGIn March 2026, Union Minister Ashwini Vaishnaw, Ministry of Information & Broadcasting (MIB), launched three major initiatives namel...
Sponsored Advertisement
HP CM Sukhvinder Singh Sukhu Presents Rs 54,928 Crore Budget for FY27In March 2026, Sukhvinder Singh Sukhu, the Chief Minister (CM) of Himachal Pradesh (HP) presented his fourth budget of Rs 54,928 crores (Cr) for the financial year 2026-27 (FY27) in the Legislative Assembly (Vidhan Sabha) in Shimla, HP. The budget has contracted by Rs 3,586 Cr, compared to the previous fiscal year Rs 58,514 Cr.
HP CM Sukhvinder Singh Sukhu Presents Rs 54,928 Crore Budget for FY27In March 2026, Sukhvinder Singh Sukhu, the Chief Minister (CM) of Himachal Pradesh (HP) presented his fourth budget of Rs 54,928 crores (Cr) for the financial year 2026-27 (FY27) in the Legislative Assembly (Vidhan Sabha) in Shimla, HP. The budget has contracted by Rs 3,586 Cr, compared to the previous fiscal year Rs 58,514 Cr.
HP CM Sukhvinder Singh Sukhu Presents Rs 54,928 Crore Budget for FY27In March 2026, Sukhvinder Singh Sukhu, the Chief Minister (CM) of Himachal Pradesh (HP) presented his fourth budget of Rs 54,928 crores (Cr) for the financial year 2026-27 (FY27) in...
World Down Syndrome Day 2026 – March 21The United Nations (UN) observes World Down Syndrome Day(WDSD) annually on 21 March to raise awareness and promote the rights, inclusion, and well-being of people with Down syndrome.21 March 2026 marked the 15th observance of WDSD.2026 Theme: “Together Against Loneliness”Background:Global Campaign: The global awareness campaign began in 2006 when the Down Syndrome Association Singapore, on behalf of Down Syndrome International (DSi), launched and hosted the WDSD website (2006–2010).UN Proclamation: On 19 December 2011, the UN General Assembly (UNGA) adopted Resolution A/RES/66/149, declaring 21 March as World Down Syndrome Day.First Observance: WDSD was first officially observed on 21 March 2012.
World Down Syndrome Day 2026 – March 21The United Nations (UN) observes World Down Syndrome Day(WDSD) annually on 21 March to raise awareness and promote the rights, inclusion, and well-being of people with Down syndrome.21 March 2026 marked the 15th observance of WDSD.2026 Theme: “Together Against Loneliness”Background:Global Campaign: The global awareness campaign began in 2006 when the Down Syndrome Association Singapore, on behalf of Down Syndrome International (DSi), launched and hosted the WDSD website (2006–2010).UN Proclamation: On 19 December 2011, the UN General Assembly (UNGA) adopted Resolution A/RES/66/149, declaring 21 March as World Down Syndrome Day.First Observance: WDSD was first officially observed on 21 March 2012.
World Down Syndrome Day 2026 – March 21The United Nations (UN) observes World Down Syndrome Day(WDSD) annually on 21 March to raise awareness and promote the rights, inclusion, and well-being of people with Down syndrome.21 March 2026 marked the 15th...
Sponsored Advertisement
International Day for the Elimination of Racial Discrimination 2026 – March 21The United Nations (UN) observes the International Day for the Elimination of Racial Discrimination annually on 21 March to raise awareness about racism, racial discrimination, and the challenges faced by people of African descent and other affected communities.2026 marked the 61st anniversary of the International Convention on the Elimination of All Forms Racial of Discrimination (ICERD).Background:Adoption: On 26 October 1966, the UN General Assembly (UNGA) adopted Resolution A/RES/2142 (XXI), titled “Elimination of All Forms of Racial Discrimination,” declaring 21 March as the International Day for the Elimination of Racial Discrimination.First Observance: The International Day for the Elimination of Racial Discrimination was first observed on 21 March 1967.
International Day for the Elimination of Racial Discrimination 2026 – March 21The United Nations (UN) observes the International Day for the Elimination of Racial Discrimination annually on 21 March to raise awareness about racism, racial discrimination, and the challenges faced by people of African descent and other affected communities.2026 marked the 61st anniversary of the International Convention on the Elimination of All Forms Racial of Discrimination (ICERD).Background:Adoption: On 26 October 1966, the UN General Assembly (UNGA) adopted Resolution A/RES/2142 (XXI), titled “Elimination of All Forms of Racial Discrimination,” declaring 21 March as the International Day for the Elimination of Racial Discrimination.First Observance: The International Day for the Elimination of Racial Discrimination was first observed on 21 March 1967.
International Day for the Elimination of Racial Discrimination 2026 – March 21The United Nations (UN) observes the International Day for the Elimination of Racial Discrimination annually on 21 March to raise awareness about racism, racial discriminat...
World Day of Theatre for Children and Young People 2026 – March 20The World Day of Theatre for Children and Young People is observed annually across the globe on March 20 to advocate for the cultural rights of youth and promote the transformative power of live performance.Background:Origin: Established in 2001 by the International Association of Theatre for Children and Young People or Association Internationale du Théâtre de l’Enfance et la Jeunesse (ASSITEJ).1st Observance: First celebrated worldwide on 20 March 2001.World Performance Week : It is a global performing arts initiative led by the ASSITEJ in collaboration with partner organizations, celebrated annually from 20–27 March.2026 Campaign: The 2026 campaign is centered on the theme: “Staging the Rights of the Child to Arts and Culture.”
World Day of Theatre for Children and Young People 2026 – March 20The World Day of Theatre for Children and Young People is observed annually across the globe on March 20 to advocate for the cultural rights of youth and promote the transformative power of live performance.Background:Origin: Established in 2001 by the International Association of Theatre for Children and Young People or Association Internationale du Théâtre de l’Enfance et la Jeunesse (ASSITEJ).1st Observance: First celebrated worldwide on 20 March 2001.World Performance Week : It is a global performing arts initiative led by the ASSITEJ in collaboration with partner organizations, celebrated annually from 20–27 March.2026 Campaign: The 2026 campaign is centered on the theme: “Staging the Rights of the Child to Arts and Culture.”
World Day of Theatre for Children and Young People 2026 – March 20The World Day of Theatre for Children and Young People is observed annually across the globe on March 20 to advocate for the cultural rights of youth and promote the transformative pow...
Sponsored Advertisement
Veteran BJP Leader and former MP ‘Datta Meghe’ Passed AwayIn March 2026, veteran Bharatiya Janata Party (BJP) leader and former Member of Parliament (MP) ‘Datta Meghe’ passed away at the age of 89 in Maharashtra. He was born on November 11, 1936, in Pawnar village of Wardha district, Maharashtra.About Datta Meghe:Political Tenure: His political career spanned over five decades across multiple legislative bodies.MLC Role: He was first elected to the Maharashtra Legislative Council (MLC) in 1978 and served three consecutive terms until 1991.Parliamentary Role: He was a four-time LS MP from Nagpur, Ramtek, and Wardha, and also served as an RS member from 2002 to 2008.
Veteran BJP Leader and former MP ‘Datta Meghe’ Passed AwayIn March 2026, veteran Bharatiya Janata Party (BJP) leader and former Member of Parliament (MP) ‘Datta Meghe’ passed away at the age of 89 in Maharashtra. He was born on November 11, 1936, in Pawnar village of Wardha district, Maharashtra.About Datta Meghe:Political Tenure: His political career spanned over five decades across multiple legislative bodies.MLC Role: He was first elected to the Maharashtra Legislative Council (MLC) in 1978 and served three consecutive terms until 1991.Parliamentary Role: He was a four-time LS MP from Nagpur, Ramtek, and Wardha, and also served as an RS member from 2002 to 2008.
Veteran BJP Leader and former MP ‘Datta Meghe’ Passed AwayIn March 2026, veteran Bharatiya Janata Party (BJP) leader and former Member of Parliament (MP) ‘Datta Meghe’ passed away at the age of 89 in Maharashtra. He was born on November 11, 1936, in ...
Kotak Mahindra Bank’s KMCC to Divest 30.99% Stake in Infina Finance for Rs 1,293.91 CroreIn March 2026, Kotak Mahindra Capital Company Limited (KMCC), a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL), entered into definitive agreements to divest 30.99% of its shareholding in Infina Finance Private Limited (Infina) for an aggregate value of Rs 1,293.91 crore.The definitive agreements for the stake divestment, executed through multiple transactions and subject to customary conditions, are expected to be completed by March 31, 2026.Key Details of Divestment Deal:Key Entities Involved: KMCC will transfer 9.90% of Infina’s share capital (2,17,899 equity shares), to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for aggregate consideration of Rs 413.35 crore.It will transfer 12.10% of stake (2,66,321 equity shares) to the estates of Rakesh Jhunjhunwala through its Trusts, for a total value of Rs 505.20 crore.In addition, KMCC will transfer 8.99% of the share capital of Infina, to KF Trust, an existing shareholder of Infina, for a combined consideration of Rs 375.35 crore.Impact: Following the completion of the transaction, Infina ceases to be an associate company of the bank. Also, the shareholding of KMCC in Infina will reduce from existing 49.99% to 19%.About Infina: Infina, established in 1996, is a Non-Banking Financial Company (NBFC) which offers products like loan against securities, commercial real estate finance , among others.
Kotak Mahindra Bank’s KMCC to Divest 30.99% Stake in Infina Finance for Rs 1,293.91 CroreIn March 2026, Kotak Mahindra Capital Company Limited (KMCC), a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL), entered into definitive agreements to divest 30.99% of its shareholding in Infina Finance Private Limited (Infina) for an aggregate value of Rs 1,293.91 crore.The definitive agreements for the stake divestment, executed through multiple transactions and subject to customary conditions, are expected to be completed by March 31, 2026.Key Details of Divestment Deal:Key Entities Involved: KMCC will transfer 9.90% of Infina’s share capital (2,17,899 equity shares), to Derive Trading and Resorts Private Limited and Bright Star Investments Private Limited for aggregate consideration of Rs 413.35 crore.It will transfer 12.10% of stake (2,66,321 equity shares) to the estates of Rakesh Jhunjhunwala through its Trusts, for a total value of Rs 505.20 crore.In addition, KMCC will transfer 8.99% of the share capital of Infina, to KF Trust, an existing shareholder of Infina, for a combined consideration of Rs 375.35 crore.Impact: Following the completion of the transaction, Infina ceases to be an associate company of the bank. Also, the shareholding of KMCC in Infina will reduce from existing 49.99% to 19%.About Infina: Infina, established in 1996, is a Non-Banking Financial Company (NBFC) which offers products like loan against securities, commercial real estate finance , among others.
Kotak Mahindra Bank’s KMCC to Divest 30.99% Stake in Infina Finance for Rs 1,293.91 CroreIn March 2026, Kotak Mahindra Capital Company Limited (KMCC), a wholly-owned subsidiary of Kotak Mahindra Bank Limited (KMBL), entered into definitive agreements...
Sponsored Advertisement