Source: ET Context: The Securities and Exchange Board of India (SEBI) has proposed reforms to the block deal framework to strengthen market transparency and prevent manipulation in large equity transactions. Key Highlights: Significance:
Tata AIA Launches ‘Health SIP’ and ‘Health Buddy’ for Integrated Health and Wealth Solutions
Source: BL Context: Tata AIA Life Insurance has introduced Health SIP, a unit-linked health insurance plan (ULIP) that integrates health protection with wealth creation, alongside Health Buddy, a 24×7 virtual health companion. Key Highlights: What is Health SIP?
Government Appoints Goldman Sachs as Advisor for PSB Stake Sale
Source: ET Context: The Government of India has appointed Goldman Sachs as the sole transaction advisor for stake dilution in four public sector banks (PSBs) — UCO Bank, Central Bank of India, Punjab & Sind Bank, and Indian Overseas Bank (IOB). What is Stake Dilution? Why is Stake Dilution in PSBs Important?
SEBI on Finfluencers
Source: Mint Context: The Securities and Exchange Board of India (SEBI) recently raided the Avadhut Sathe Trading Academy amid allegations of unregistered investment advice, signalling a stricter approach towards “finfluencers” and investor training platforms operating outside regulatory frameworks. Key Highlights: Who are Finfluencers?
Specialised Investment Funds (SIFs) Set to Debut in India as SEBI Issues First Approvals
Source: BS Context: The Securities and Exchange Board of India (SEBI) has begun granting approvals for Specialised Investment Funds (SIFs), a new product category introduced in April 2025 to allow mutual funds (MFs) to deploy advanced strategies such as long-short equity and debt schemes. Key Highlights: Significance:
India May Become World’s 2nd-Largest Economy by 2038: EY Report
Source: ET Context: According to the August 2025 issue of EY Economy Watch, India’s economic trajectory remains robust despite global uncertainties. The report projects India to emerge as the second-largest economy by 2038, supported by strong domestic fundamentals. Key Highlights of the Report: Significance:
India Introduces First-Ever Guidelines for Animal Blood Transfusion and Blood Banks
Source: ET Context: The Department of Animal Husbandry and Dairying (DAHD), Government of India, has introduced the country’s first comprehensive guidelines for animal blood transfusion and the establishment of animal blood banks. Key Highlights: Significance:
BioE3 (Biotechnology for Economy, Environment, and Employment) Policy
Source: TH Context: The Union Minister of Science and Technology, Dr. Jitendra Singh, launched the BioE3 Challenge for Youth and India’s first National Biofoundry Network, marking one year of the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy. BioE3 Policy The BioE3 Policy (Biotechnology for Economy, Environment and Employment) was launched by the Department of Biotechnology (DBT), Ministry of Science & Technology in 2024. It positions biotechnology as a driver of India’s economy, environmental sustainability, and job creation, aligning with the vision of Atmanirbhar Bharat. What is BioE3 Policy? The BioE3 Policy is a national biotechnology strategy aimed at: Objectives: Key Features:
India to Begin Testing Indigenous ‘Iron Dome’ Under Project Kusha
Source: TOI Context: India will commence testing of new interceptor missiles in 2026 as part of Project Kusha, a key element of Mission Sudarshan Chakra (MSC) announced by Prime Minister Narendra Modi. The mission aims to provide a multi-layered air and missile defence shield for critical military and civilian assets by 2035. Key Highlights:
Centre Extends PM SVANidhi Scheme
Source: BS Context: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the extension and revamp of the Prime Minister Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme till March 31, 2030, with an outlay of ₹7,332 crore. Key Features of the Revamped Scheme: PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme About the Scheme:
