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The appointment of the Council's members and the operationalisation of several provisions of the Mediation Act remain critical next steps. A Parliamentary Standing Committee has also called for faster operationalisation of the MCI, clear timelines for regulations and notification of the remaining provisions of the Act.
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On September 15th the Ministry of Finance announced that, “UPI continues to remain free for Peer-to-Peer Transactions and 96% of Merchant Transactions”. Payments to merchants up to Rs. 2,000, along with transactions covered under the zero-MDR framework for small merchants, will also remain free. Consequently, approximately 96% of all P2M transactions will remain unaffected.
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At its core, the MoU seeks to enhance the professional capabilities of both institutions by bringing together their distinct strengths and expertise. IOD, known for its work in strengthening boardroom practice and corporate governance, and NISM, a leading institution in securities market education and capacity building, will draw on their complementary mandates to create value for the boardroom community.
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The MoU formalises and builds on a partnership that has grown steadily over the past five years. During this period, IOD has conducted over 10 batches of its popular Masterclass for Directors programme, designed especially for women leaders and entrepreneurs associated with FICCI FLO
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Addressing the gathering, Hon'ble Prime Minister Narendra Modi spoke of the UPSC's enduring role in upholding merit, transparency and the values of public service. In a particularly warm acknowledgement, he referred to a photograph from the Commission's 75th anniversary celebrations, displayed at the venue, in which Lt. Gen. Surinder Nath was featured.
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India's economy grew 7.8% in the April-June quarter of FY27, maintaining strong momentum despite geopolitical uncertainties, a delayed monsoon and tariff concerns. While growth moderated from 8.6% in Q4 FY26, it remained above the 6.8% recorded in the corresponding quarter a year earlier.
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With the growing frequency and sophistication of cyber incidents in the securities market, SEBI has aligned its Cyber Incident Reporting Portal with the FIRE (Financial Information Reporting and Exchange) Framework developed by the Financial Stability Board (FSB). The move aims to streamline cyber-incident reporting through common information fields, standardised definitions and consistent classification.
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The delegation also highlighted IOD India's contribution to strengthening corporate governance. enhancing board effectiveness. and developing ethical and competent board leadership.
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Maldives development model depends heavily on tourism, fisheries, imported fuel and coastal infrastructure, while its geography exposes communities and economic assets to sea-level rise, flooding, erosion, coral degradation and freshwater stress. Environmental decline can therefore quickly become a fiscal, social and governance crisis.
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The Union Cabinet has approved the BHAVYA-Rasayan (Bharat Audyogik Vikas Yojana Rasayan) scheme with a C3,030 crore outlay to establish three world-class chemical parks across India, aimed at strengthening the country's chemical manufacturing ecosystem.
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