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Hours after directing State Bar Councils not to enrol NALSAR’s 2026 graduates and subsequently modifying that direction to permit enrolment pending an inquiry, BCI ultimately closed the proceedings altogether, stating that the 2026 batch had no role in any disturbance or movement.
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Finding all three Articles of Charge proved, the Inquiry Committee observed that Justice Yashwant Varma failed to satisfactorily explain the presence of substantial currency notes, withdrew from the proceedings at the stage of defence evidence, and failed to exhibit the candour, transparency and institutional responsibility expected of a Judge.
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Passed by the Lok Sabha, the Kerala (Alteration of Name) Bill, 2026 seeks to formally adopt ‘Keralam’ as the State’s official name and provide for consequential amendments to the Constitution and existing laws.
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The Tribunals Reforms Bill, 2026 seeks to replace the Tribunals Reforms Act, 2021 by establishing a National Tribunals Commission and introducing a common framework for appointments, tenure and service conditions across major tribunals.
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Amid inflation concerns linked to food and fuel prices, the RBI opted to keep the repo rate at 5.25%, signalling a cautious approach despite steady domestic growth.
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Government has clarified that UPI will remain free for consumers and person-to-person transactions, while any future Merchant Discount Rate (MDR), if introduced, will be limited, threshold-based and applicable only to certain merchant transactions.
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RBI’s move seeks to simplify regulatory compliance and supervision by consolidating operative instructions and eliminating obsolete supervisory guidance.
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Taxation and Other Laws (Amendment) Bill, 2026 seeks to replace the Income-tax (Amendment) Ordinance, 2026 and proposes amendments to the Income-tax Act, 2025, the Finance Act, 2026 and the Payment and Settlement Systems Act, 2007.
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FSSAI has clarified that it does not prohibit permissible flavouring substances in alcoholic beverages, but objects to the practice of adding “rum flavour” to rum or “whisky flavour” to whisky, where such characteristics are expected to arise naturally from the manufacturing process.
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Lok Sabha has passed the Bankers’ Books Evidence Bill, 2026, replacing the colonial-era law and providing a modern framework for admissibility of electronic and digital banking records in legal proceedings.
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Government has approved a revamped Khelo India Scheme and enhanced Assistance to National Sports Federations (ANSFs) with a combined outlay of ₹36,441 crore for 2026-27 to 2030-31, aiming to strengthen India’s sports ecosystem from grassroots talent identification to Olympic preparation.
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ESIC has clarified that eligible educational and medical institutions in Maharashtra fall within the ESI framework under the Social Security Code, 2020.
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The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 seeks to modernise the MSME legal framework by proposing digital registration, mandatory TReDS-based invoice settlement, time-bound dispute resolution and stronger enforcement mechanisms.
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Lok Sabha has passed the Supreme Court (Number of Judges) Amendment Bill, 2026, giving effect from 16 May 2026 to the increase in the sanctioned strength of Supreme Court judges from 34 to 38.
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Delhi High Court has transferred Judge Anu Grover Baliga from the designated Fast-Track Court handling offences under the Public Examinations (Prevention of Unfair Means) Act, 2024, and posted Judge Ajay Gupta in her place.
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Lok Sabha has passed the Registration of Births and Deaths (Amendment) Bill, 2026, revising the authorities empowered to approve delayed registration of births and deaths after one year and two years of occurrence.
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NCRB statistics on offences registered under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989 reveal sustained case registrations over the past five years, alongside a sharp increase in convictions and persons convicted in 2024.
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Partnership firm registration in Maharashtra is set to go digital, with the State amending the Indian Partnership Act, 1932 to enable online applications, digital signatures and electronic verification.
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Lok Sabha has passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, which proposes Special Fast-Track Courts, time-bound investigations and enhanced penalties for paper leak offences.
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Highlighting governance risks in highly leveraged companies, ICSI has proposed mandatory appointment of a Whole-time Company Secretary for entities with borrowings above ₹50 crore.
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