Context: The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing a revised valuation methodology for physical gold and silver held by mutual funds through Exchange-Traded Funds (ETFs). The aim is to bring greater transparency, consistency, and alignment with Indian market realities. Key Highlights of SEBI’s Proposal Current Practice Proposed Changes Impact on Asset Management Companies (AMCs) BS
Delhi to Develop India’s First Net-Zero E-Waste Eco Park
Context: The Delhi government has unveiled plans to build India’s first-of-its-kind net-zero emission e-waste eco park in Holambi Kalan, North Delhi, as part of a national push toward circular economy models. The facility will be modeled on global best practices and is expected to significantly reduce Delhi’s e-waste pollution burden. Key Highlights: Project Vision and Location India’s E-Waste Crisis Eco Park Features TH
Yakten Becomes India’s First Digital Nomad Village Under ‘Nomad Sikkim’ Initiative
Context: Yakten village in Pakyong district of Sikkim was officially declared India’s first digital nomad village. The recognition marks a milestone in transforming remote rural destinations into sustainable hubs for digital professionals. Key Highlights: TH
Second GE-F404 Engine for LCA Mk-1A Fighter Jets
Context: India has received the second GE-F404 engine from the United States for its indigenous Light Combat Aircraft (LCA) Tejas Mk-1A programme. The engine was delivered to Hindustan Aeronautics Limited (HAL), the manufacturer of the LCA fleet. About GE-F404 Engine & LCA Mk-1A TH
NSO Launches “Statathon – A Data Journey Towards Viksit Bharat”
Context: The National Statistical Office (NSO), in collaboration with the Innovation Cell of the Ministry of Education (MoE), launched a Grand Challenge titled “Statathon – A Data Journey Towards Viksit Bharat”. The initiative seeks to harness the power of emerging technologies like Artificial Intelligence (AI) to modernize India’s official statistics infrastructure. Organised under MoSPI’s Data Innovation Lab (DI Lab) initiative, this national-level competition commemorates 75 years of the National Sample Survey (NSS). Objectives and Vision PIB
Union Government Launches ADEETIE Scheme to Boost Industrial Energy Efficiency
Context: The Union Ministry of Power launched the ADEETIE scheme at a national rollout event in Panipat, Haryana, targeting energy efficiency improvements in India’s industrial sector, particularly MSMEs. The scheme is being implemented by the Bureau of Energy Efficiency (BEE). What is ADEETIE? Budget and Duration Core Objectives Key Features Interest Subvention Scheme Technical Handholding Support Digital Enablement Cluster-Based Implementation Eligibility Criteria PIB
India Celebrates 10 Years of Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
Context: India marks a decade of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) — the government’s flagship skill development initiative — having trained over 1.63 crore youth in industry-relevant skills since its inception in 2015 under the Skill India Mission. About PMKVY Core Objectives Key Features of PMKVY Short-Term Training (STT) Recognition of Prior Learning (RPL) PMKVY 4.0 – Digitally Integrated Version Inclusive Participation Focus on Emerging and Traditional Skills Special Initiatives
SEBI Launches Settlement Scheme for Expired VCFs
Context: The Securities and Exchange Board of India (SEBI) has introduced a settlement scheme, effective July 21, 2025, to address violations by migrated Venture Capital Funds (VCFs) related to delayed or non-compliant winding-up of expired schemes. The scheme will remain open until January 19, 2026. Key Features of the SEBI Settlement Scheme Purpose: Eligibility: Regulatory Background: Implications for Fund Managers and Investors SEBI’s Broader Strategy TET
IRDAI Proposes Higher Investment Limits in REITs, InvITs, and Gold ETFs
Context: In a move aimed at channeling more long-term insurance capital into real estate, infrastructure, and gold-backed assets, the Insurance Regulatory and Development Authority of India (IRDAI) has proposed revisions to investment norms for insurers. Key Proposals by IRDAI Doubling Exposure Limits to REITs and InvITsREITS and INVITS Gold ETFs to Be Allowed in ULIPs Regulatory Developments: Kiwi General Insurance Other Key Actions by IRDAI Significance of IRDAI’s Reforms TET
FDI Cap Hike in Public Sector Banks on Hold Pending RBI Review
Context: The Indian government will defer any decision on increasing the FDI limit in public sector banks (PSBs) until the Reserve Bank of India (RBI) completes its review of voting rights and shareholding norms in the banking sector. Current FDI and Shareholding Norms Why the Delay in Raising the PSB FDI Cap? Significance
