The Pension Fund Regulatory and Development Authority (PFRDA) has released a comprehensive Consultation Paper titled “Alignment of Valuation Guidelines with the Core Objectives of Long-Only Funds when Investing in Government Securities and Calculation of Net Asset Value (NAV)”. The move marks a step forward in strengthening transparency, governance, and subscriber…
Month: October 2025
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Legislative Dept Launches Wall Painting Drive
The Legislative Department, Ministry of Law and Justice, has taken an innovative step to enhance its workspaces through a creative and sustainable wall painting initiative under the Government’s Special Campaign 5.0. Corridors and common areas in Shastri Bhawan have been adorned with thematic paintings highlighting the “Waste to Wealth” concept,…
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Centre Releases ₹730 Cr Grants for Rural Bodies
The Union Government has released over ₹730 crore under the Fifteenth Finance Commission (XV FC) Grants for the financial year 2025–26 to strengthen Rural Local Bodies (RLBs) in Gujarat and Haryana. The funds aim to empower Panchayati Raj Institutions (PRIs) to deliver better local governance, sanitation, and water management services….
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CCI Approves Torrent Pharma–JB Chemicals Deal
The Competition Commission of India (CCI) has granted approval for Torrent Pharmaceuticals Ltd to acquire J. B. Chemicals & Pharmaceuticals Ltd, subject to voluntary modifications offered by both companies. This clearance paves the way for a major consolidation in India’s pharmaceutical industry, with the proposed deal involving share acquisition and subsequent…
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Tamil Nadu on High Alert as Northeast Monsoon Intensifies
Chennai, Oct 21: The India Meteorological Department (IMD) has issued a red alert for several coastal districts in Tamil Nadu as the Northeast Monsoon continues to strengthen. Regions including Mannarkoil, Ayan, Thiruvaalieswaram, Kakanallur, Vaigaikulam, and Bramadesam are expected to experience intense rainfall over the next 48 hours. IMD Warns of…
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Nitish Kumar Launches NDA Campaign Highlighting 20 Years
Bihar Chief Minister Nitish Kumar on Tuesday formally launched the NDA’s election campaign from the Minapur assembly constituency, urging voters to remember “20 years of development” under his stewardship. At a packed rally, Kumar promised employment for one crore youth in the next five years and highlighted improvements in law…
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Kiran Shaw Meets DK Shivakumar Over Bengaluru Infra Row
Biocon chairperson Kiran Mazumdar-Shaw met Karnataka Deputy Chief Minister D.K. Shivakumar at his residence on Tuesday, ending a near-daily public exchange over Bengaluru’s deteriorating roads and garbage management. Both leaders described the meeting as cordial and signalled a willingness to work together to tackle civic problems. 0 From online spat…
Bihar
Bihar Polls 2025: ED Seizes Rs 64 Cr in Cash, Liquor, Drugs
Patna, October 21, 2025: Ahead of the upcoming Bihar assembly elections, enforcement agencies have seized liquor, cash, drugs, and freebies worth a combined Rs 64.13 crore since October 6. Of this, liquor alone accounted for Rs 23.41 crore, reflecting strict vigilance in the dry state. The Office of the Chief…
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Japan’s First Woman PM: Sanae Takaichi Forms New Coalition
Sanae Takaichi has made history as Japan’s first woman prime minister, securing her position after a last-minute coalition deal. The veteran conservative and China hawk will replace Shigeru Ishiba and lead a minority government aimed at economic reforms and gender-inclusive policies. Political Maneuvering and Coalition Formation Takaichi, elected LDP leader…
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2025 Economics Nobel: Innovation Fuels Growth, Says Experts
The 2025 Nobel Prize in Economics has been awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr for their groundbreaking work on innovation-driven economic growth. Their research highlights how creative destruction, technological advancement, and institutional support drive long-term prosperity. Creative Destruction: Aghion and Howitt’s Contribution In a seminal 1992 paper,…