August 13, 2025
Foreign Leader to Speak at UN; US-Pakistan Boost Security Cooperation; Nepal to Expand Electricity Exports
A foreign leader is expected to address the United Nations General Assembly next month. The United States has stated that its relationships with two South Asian countries remain positive, despite one being described as somewhat uncooperative in trade negotiations. Nepal plans to increase electricity exports to a neighboring country, generating significant revenue. A UN human rights body has urged a South Asian government to implement reforms and ensure justice for past abuses. In the US, a Hindu temple was vandalized and an elderly Sikh man was assaulted, with a suspect apprehended. The US and Pakistan have agreed to enhance cooperation against militant groups. In Bangladesh, a corruption trial has commenced against a former prime minister and others, including a British MP, who has dismissed the trial as politically motivated. UK police will now disclose suspects' ethnicity and nationality to combat online misinformation.
August 13, 2025
Supreme Court affirms Election Commission's authority for Special Intensive Revision under Section 21(3) of Representation of Peoples Act
The Supreme Court upheld the Election Commission's authority to conduct a Special Intensive Revision (SIR) of electoral rolls in Bihar, rejecting petitions challenging its legal basis. The Court emphasized that electoral rolls must be dynamic to remove names of deceased or migrated voters and found the expansion of acceptable identity documents from seven to eleven as inclusive rather than exclusionary. The Court referenced Section 21(3) of the Representation of the Peoples Act and Article 324 of the Constitution, affirming the EC's residual power to revise rolls "in such manner as it may think fit." Challenges by opposition parties and an NGO alleging lack of legal basis and procedural issues, including removal of search features from draft rolls, were dismissed. The Court recognized the EC's discretion in balancing constitutional rights and powers in managing electoral roll revisions.
August 13, 2025
Nepal to Boost Electricity Exports to India by 200 MW, Total Capacity Hits 1,140 MW Under Long-Term Deal
Nepal will increase its electricity exports to India by nearly 200 MW, raising the total export capacity to approximately 1,140 MW under a long-term agreement to supply 10,000 MW over the next decade. The Central Electricity Authority of India approved the additional import of 199.70 MW to the state of Haryana, increasing its imports from Nepal from 235.5 MW to 435.5 MW. This expansion is expected to generate over NRs 80 billion in revenue for Nepal. The exports primarily occur during the rainy season when Nepal has surplus hydroelectric power. This development follows a 2024 agreement between the two countries to enhance power trade, aiming to increase Nepal's electricity exports from 450 MW in 2023 to 10,000 MW over ten years. The increased supply will commence when surplus power is available.
August 13, 2025
Two-Day National Conclave to Boost Inclusive Entrepreneurship and Innovation for Economic Growth by 2047
An educational institution is organizing a two-day national conclave focused on entrepreneurship, aiming to foster innovation, inclusivity, and economic growth in India by 2047. The event will gather entrepreneurs, policymakers, investors, industry experts, and academics to discuss strategies for building a socially responsive and globally competitive entrepreneurial ecosystem. The conclave serves as a platform to connect alumni with the broader entrepreneurial community, encouraging collaboration, mentorship, and investment. It highlights the institution's commitment to nurturing ventures that address national challenges while creating economic value, promoting an inclusive innovation economy. The initiative is supported by an innovation park affiliated with the institution, dedicated to advancing entrepreneurship and innovation.
August 13, 2025
Singapore Investment Firm to Invest Rs 19,200 Crore in Data Centres, Logistics, and Industrial Parks by 2030
A Singapore-based investment firm has entered into an agreement with the Maharashtra government to invest over Rs 19,200 crore by 2030 in sectors including data centres, logistics, and industrial parks in Mumbai and Pune. This investment forms part of the firm's broader strategy to expand its Indian portfolio and increase its funds under management significantly by 2028. The company has operated in Maharashtra since 2013 and has previously invested over Rs 6,800 crore across multiple assets in the region. The agreement was announced during the inauguration of the firm's first data centre in Navi Mumbai and reflects ongoing collaboration with state authorities to support the firm's growth plans.
August 13, 2025
Domestic currency gains 16 paise vs. US dollar amid low inflation and weak crude prices
The domestic currency appreciated by 16 paise against the US dollar, closing at 87.47, influenced by a weaker US dollar, declining crude oil prices, and reduced domestic inflation. Inflation data showed retail inflation at an eight-year low, supporting the currency's strength. However, uncertainties related to trade tariffs and foreign institutional investor outflows limited further gains. The central bank is tasked with maintaining inflation within a specified target range. Equity markets showed positive momentum despite significant foreign investor sell-offs. Market analysts noted that expectations of a US interest rate cut and favorable domestic economic indicators contributed to the currency's appreciation, though geopolitical events and trade tensions remain potential risks.
August 13, 2025
New Cheque Clearing Rules Cut Processing Time to Hours Starting October 2025 Under Section 12 Guidelines
The central bank will implement a new cheque clearing mechanism starting October 4, 2025, reducing the clearing time from up to two working days to a few hours. Under this system, cheques will be scanned and processed continuously during business hours from 10:00 AM to 4:00 PM. Drawee banks must provide positive or negative confirmation of cheque status by 7:00 PM during the initial phase, failing which cheques will be deemed approved for settlement. From January 3, 2026, confirmation must occur within three hours of cheque receipt. Settlements will be finalized promptly, and presenting banks must release payments within one hour of successful settlement. Banks are required to inform customers about these changes and prepare for the transition to continuous clearing and settlement on realization to enhance efficiency and reduce settlement risk.
August 13, 2025
External Affairs Minister to Discuss Energy, Trade, and Ukraine Conflict During Russia Visit
An external affairs minister is scheduled to visit Russia for high-level discussions with Russian officials, including the foreign minister and president, amid tensions with the United States over the country's continued purchase of discounted Russian crude oil. The visit aims to finalize arrangements for a forthcoming Russian presidential visit and to co-chair an intergovernmental commission on trade, economic, scientific, technological, and cultural cooperation. The talks will address bilateral relations, energy procurement, and the ongoing Ukraine conflict, with the visiting minister emphasizing the need for dialogue and diplomacy to resolve the war. The United States recently imposed additional tariffs on the country's goods as a penalty for its oil purchases from Russia, which have significantly increased since sanctions were imposed on Moscow following its invasion of Ukraine. The country maintains its energy decisions are driven by national interest and market factors.
August 13, 2025
Horticulture Department Requires Geo-Tagging Under MIDH Scheme for Transparency and Subsidy Release
The horticulture department mandated the use of geo-tagging and geo-fencing for all components of the Mission for Integrated Development of Horticulture (MIDH) schemes, requiring officials to upload data timely and create user IDs at all levels. Subsidies will not be released without compliance. The directive aims to enhance transparency, prevent duplication of beneficiaries, and enable real-time monitoring through the Krishi Mapper application, a government-developed digital platform. Officials must be trained on the application to ensure effective implementation. The platform will maintain a centralized digital database of horticulture activities and plans to integrate with other portals and expand features, including offline data entry. Non-compliance may result in the stoppage of government funds.
August 13, 2025
Delhi extends CM SHRI Admission Test deadline to Aug 22; test rescheduled to Sept 6 under NEP 2020 and NCF 2023
The Delhi government extended the deadline for submitting online applications for the CM SHRI Admission Test 2025 for classes 6 to 8 to August 22, revising the test date to September 6. This initiative aims to establish CM SHRI Schools modeled after the PM SHRI Schools, following the National Education Policy 2020 and implementing the National Curriculum Framework 2023. These schools will feature advanced technology such as AI-enabled libraries, AR/VR smart classrooms, biometric attendance, and robotics labs. Additionally, the Delhi Board of School Education is being phased out, with affiliated schools transitioning to the Central Board of Secondary Education. The government allocated Rs 100 crore for this project in the recent budget to support the operationalization of these future-ready government schools.
August 13, 2025
Legislators Form Assembly Body to Boost MSMEs and Drive Economic Growth Through Section 12 Powers
A group of legislators representing 20 industrial centers in Uttar Pradesh has formed an assembly-level body to support micro, small, and medium enterprises (MSMEs) and promote economic growth. Modeled after a similar parliamentary group at the national level, this new group aims to leverage legislative powers to address systemic issues faced by MSMEs. The group seeks to facilitate cooperation between political leadership and MSMEs to overcome institutional inertia and promote formalization and expansion of small businesses. A national MSME federation will provide secretariat support to the group, replicating its role at the central level. The initiative reflects a political commitment to using legislative mechanisms to resolve longstanding challenges confronting MSMEs and enhance the state's economic development.
August 13, 2025
REITs Distribute Rs 1,559 Crore in Q1 FY 2025-26, Marking 13% Yearly Growth in Returns
Four publicly listed real estate investment trusts collectively distributed Rs 1,559 crore to over 270,000 unit holders in the first quarter of fiscal year 2025-26, representing a 13% increase from the previous year. These trusts manage more than 129 million square feet of Grade A office and retail space and have cumulatively paid out over Rs 24,300 crore since inception. Their combined market capitalization exceeded Rs 1 lakh crore as of July 30, 2025, with total assets under management reaching approximately Rs 1.63 lakh crore by the end of the previous fiscal year. The Indian REITs Association, supported by regulatory authorities, recognizes these trusts as founding members, highlighting the sector's continued growth and commitment to providing stable cash flows to investors.
August 13, 2025
Supreme Court Upholds Election Commission's Power for Special Intensive Revision Under Section 21(3) of RP Act
The Supreme Court upheld the Election Commission's authority to conduct a special intensive revision (SIR) of electoral rolls in Bihar, rejecting claims that the exercise lacked legal basis. The court emphasized that electoral rolls cannot remain static and must be revised to remove names of deceased or migrated voters. It cited Section 21(3) of the Representation of the Peoples Act, granting the Election Commission discretion to direct special revisions as deemed necessary. The court recognized the Commission's residual constitutional power under Article 324 and noted that the addition of the term "intensive" did not alter the legal framework. Challenges raised about exclusionary practices, including non-acceptance of Aadhaar and removal of online search features, were addressed, with the court observing that increased document requirements could be inclusionary. The court affirmed the Commission's role in managing electoral roll inclusions and exclusions and allowed the revision process to continue.
August 13, 2025
Nearly 4,900 Residents Pledge Organ Donation in 10 Days Using Digital Registration Methods
Nearly 4,900 residents of a district in Maharashtra have pledged to donate their organs within ten days as part of a government campaign promoting organ donation. The local health authorities have streamlined the registration process by enabling online pledges through QR code scanning or a dedicated website, requiring identification via Aadhaar or a linked mobile number. Upon completing the pledge, participants can download a certificate. The campaign runs from early to mid-August, aiming to increase public participation in organ donation through simplified digital procedures.
August 13, 2025
Industry Summit Highlights AI, Hybrid Workplaces, and Next-Gen Audiovisual Tech with Expert Training and Networking
A major industry summit in India will focus on emerging technologies such as artificial intelligence, hybrid workplaces, and next-generation audiovisual solutions. The event will feature expert-led sessions, workshops, and panel discussions addressing AI integration, cybersecurity, digital signage, and immersive experiences across sectors including enterprise, education, government, and media. Collaborations with industry associations and government bodies aim to address sector-specific challenges. A notable component includes the first in-person certification training for audiovisual professionals in India, enhancing workforce skills. The summit offers opportunities for networking, practical training, and strategic insights to prepare professionals for the evolving digital landscape. Attendance is free for registered visitors, with fees applicable to select training courses.
August 13, 2025
NFRA and IICA Launch Certification Course for Audit Committee Members and Independent Directors to Boost Governance
The National Financial Reporting Authority and the Indian Institute of Corporate Affairs launched a second four-month certification course for audit committee members and independent directors, following a Memorandum of Understanding signed in October 2024. The program aims to enhance corporate governance by providing specialized knowledge and practical skills in financial statement analysis, risk management, corporate governance, and regulatory compliance. The course includes an optional module for non-finance professionals and a mandatory module covering internal controls, audits, fraud risk management, ESG, and sustainability reporting. This initiative supports NFRA's mandate to promote awareness of accounting and auditing standards and improve audit quality through education and training. The program reflects a commitment to transparency, accountability, and long-term sustainability in corporate operations.
August 13, 2025
Seven Infrastructure Projects Approved to Boost Connectivity and Support Industries Under PM MITRA Scheme
The Network Planning Group reviewed seven infrastructure projects across railways, roads, logistics, and textiles for compliance with integrated multimodal connectivity and government coordination principles. Railway projects include additional lines in Bihar, Tamil Nadu, and between Chhattisgarh and Maharashtra to enhance freight and passenger capacity, benefiting industrial sectors and regional development. The road project involves widening a highway in Madhya Pradesh to improve freight movement for cement and coal industries. A Multi-Modal Logistics Park in Telangana is planned to increase cargo handling capacity and connectivity to major freight corridors. Two textile parks under the PM MITRA scheme in Madhya Pradesh and Tamil Nadu aim to support the full textile value chain, boost employment, and enhance global competitiveness. The projects collectively seek to improve logistics efficiency, reduce travel times, and promote socio-economic growth in their respective regions.
August 13, 2025
Over 15 Million Pledges to End Rote Learning and Promote Critical Thinking in Schools Nationwide
A nationwide educational initiative led by a prominent learning systems company has secured over 15 million pledges to end the practice of rote learning in schools across India. The movement aims to align with national education policy goals by promoting deep conceptual understanding and critical thinking skills among students. It addresses longstanding concerns that rote memorization hampers student preparedness for modern careers, particularly in smaller towns and cities. The organization behind the campaign operates in thousands of schools and serves millions of students and teachers, emphasizing research-based curricula and technology to improve educational outcomes. The campaign invites broad participation from educators, policymakers, parents, and students to support a shift toward meaningful learning and skill development.
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