The Telecom Regulatory Authority of India (TRAI) on Friday (February 21, 2025) released its recommendations for the Framework for Service Authorisations for provision of Broadcasting Services under the Telecommunications Act, 2023.

The recommendations include a proposal to remove the minimum net worth requirement of ₹100 crore for the Internet service providers to offer IPTV service and its alignment with the provisions contained in the authorisation for Internet Services to be issued by the Department of Telecom.

“Terms and conditions for Radio Broadcasting Service have been made technology agnostic enabling adoption of digital technology. Service authorisation for ‘Terrestrial Radio Service’ should be delinked from frequency assignment and the auction of spectrum for frequency assignment for Terrestrial Radio Service shall be done separately...,” said the TRAI.

Capital markets regulator SEBI has imposed a penalty of ₹10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms.

The penalty has to be paid by the brokerage firm within 45 days, the regulator said in an order on Friday (February 21).

In an 82-page order, SEBI found that Axis Securities failed to follow regulatory procedures in several areas, including reporting discrepancies and improper handling of client funds.

The market regulator found that Axis Securities had inconsistencies in its enhanced supervision reporting to stock exchanges and in stock statements compared to actual holdings in depository accounts.

Indian squash star Saurav Ghosal made a successful comeback from retirement as he won the title at the Octane Sydney Classic on Sunday.

Former World No. 10 Ghosal retired from the PSA (Professional Squash Association) Tour in April last year but at the same time, he had said that he still wanted to represent India. On January 1, he again became a member of the PSA Tour to keep his aspirations of playing for country alive.

India is set to host the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific at the Rajasthan International Centre in Jaipur from March 3 to 5, 2025. The event will focus on the theme “Realizing Circular Societies Towards Achieving SDGs and Carbon Neutrality in Asia-Pacific.”

Established by the United Nations Centre for Regional Development (UNCRD) in 2009, the Regional 3R and Circular Economy Forum serves as a platform to help governments in the Asia-Pacific region integrate 3R and circularity into their policies. The last Forum was hosted by Cambodia in 2023, while India previously hosted the eighth edition in Indore in 2018.

Announced by Union Minister Manohar Lal during a curtain-raiser event at the National Media Centre in New Delhi, the 12th forum is expected to welcome over 500 international and domestic participants. The three-day event will feature plenary sessions, country-specific discussions, theme-based roundtables, and networking opportunities.

The Reserve Bank of India (RBI) launched the tenth edition of Financial Literacy Week (FLW) 2025 on Monday, with the theme "Financial Literacy: Women's Prosperity."

According to the RBI, the FLW 2025 will be observed between February 24 and 28, 2025.

The top management and regional heads of the Reserve Bank, NABARD and heads of select commercial banks attended the launch ceremony.

The event was inaugurated by RBI Governor Sanjay Malhotra, who emphasised the importance of empowering women to play a significant role in driving the country's inclusive and sustained economic growth.

India and the UK have resumed negotiations towards a Free Trade Agreement (FTA) between the two nations, the Ministry of Commerce and Industry said in a statement on Monday.

This announcement has been made by the Union Commerce and Industry Minister Piyush Goyal and his UK counterpart Jonathan Reynolds who is in Delhi, the statement said.

The two sides have agreed to resume negotiations towards a balanced, mutually beneficial and a forward-looking deal that delivers mutual growth and builds on the strengths of two complementary economies, it said.

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has received the insignia of the Knight Commander of the Most Excellent Order of the British Empire (KBE).

He was presented the medal on on Friday (February 21, 2025) for the award that was received last year, with presence of friends and family at the British High Commissioner’s residence in New Delhi.

Renowned Odissi dancer Mayadhar Raut (92) died on Saturday at his Delhi home, his son Manoj Raut said.

"He had breakfast this morning, surrounded by his grandchildren and the rest of the family. He wasn't experiencing any illnesses and passed away due to old age," Raut told PTI.

The last rites will be conducted at the Lodhi Road crematorium on Saturday.

The Padma Shri awardee, born on July 6, 1933 in Odisha, is considered the "Father of Odissi dance", having steered the revival of Odissi in 1950s with Shastra-based knowledge.

His training to become one of the foremost artistes of the dance form began at the age of seven with learning the 'Gotipua' dance form, a precursor to the classical Odissi dance.

Prime Minister Narendra Modi on Sunday laid the foundation stone for the Bageshwar Dham Medical and Science Research Institute in Madhya Pradesh’s Garha village at the invitation of Bageshwar Dham chief Pandit Dhirendra Krishna Shastri.

The hospital, aimed at providing free medical treatment to cancer patients from underprivileged backgrounds, will be equipped with state-of-the-art chemotherapy and cancer treatment facilities.

Specialist doctors will oversee patient care, ensuring advanced medical support. The project, estimated to cost around Rs 200 crore, is expected to be completed within two to three years.

Addressing a massive gathering, PM Modi expressed his gratitude for visiting Bundelkhand twice in a short span. “This time, I came at the invitation of Balaji. It is truly Hanuman Ji’s blessing that this centre of faith is now transforming into a centre of health as well,” he said.

Prime Minister Narendra Modi inaugurated the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal on Monday, lauding the state’s progress and highlighting its potential to become one of the top five states in India in terms of GDP. He emphasized Madhya Pradesh’s crucial role in shaping India’s economic future.

Addressing investors, PM Modi spoke about the world’s growing optimism toward India’s economic trajectory. “This is the first time in India’s history that the world is so optimistic about our future. Just a few days ago, the World Bank stated that India will remain the world’s fastest-growing economy in the coming years. A representative from the Organisation for Economic Co-operation and Development (OECD) also said that the future of the world is in India. These examples reflect the world’s confidence in our country, which is inspiring every state, including Madhya Pradesh. This confidence is evident at MP’s Global Investment Summit today,” he stated.