Kal Somani-led consortium buys Rajasthan Royals for $1.63 billion
Kal Somani, leading a business consortium, has acquired the Rajasthan Royals IPL franchise for about $1.63 billion (₹16,290 crore), in one of the highest valuations in Indian cricket. The deal places Somani at the helm with Walmart equating to a 100 percent stake into the franchise alongside other investors. Somani, already a shareholder, will take full control after the 2026 Indian Premier League season, replacing Manoj Badale as owner. The Times Group reportedly competed for the team but finished second in the bidding. The sale highlights IPL’s growing global commercial value and Bharat's role in sports franchising.
NASA Artemis 2 set for April 2026 launch; first crewed lunar flyby in decades
NASA's Artemis 2 mission is set for launch on 1 April 2026. The mission will send four astronauts on a 10-day journey around the Moon, marking the first crewed mission to go beyond low Earth orbit since 1972. Artemis 2 will not land on the lunar surface; instead, the crew will perform a lunar flyby and return to Earth. This flight is the first crewed test under NASA's Artemis program, designed to demonstrate long-duration deep-space operations ahead of future surface landings. The mission underscores the United States’ capability for sustained human exploration of cislunar space, and science objectives will include experiments in life support, navigation, and communications.
Launch date: 1 April 2026
Crew of four astronauts
10-day lunar flyby mission
First crewed beyond LEO since 1972
Part of NASA's Artemis program
No lunar landing during Artemis 2
Akasha300 3D printer delivered to ISRO's LPSC
The Akasha300, a high-temperature 3D printer, was delivered to ISRO's Liquid Propulsion Systems Centre. Developed by Kerala-based startup Spacetime 4D, the printer is designed for space mission components and operates as a multi-material extrusion device capable of handling engineering plastics and composite materials. Supported by the Space Technology Innovation and Incubation Centre (STIIC) at IIST and Kerala Startup Mission (KSUM), the unit aims to boost domestic manufacturing for space hardware. The development supports Atmanirbhar Bharat by reducing import reliance and enabling faster prototyping of critical propulsion and structural parts.
Device: Akasha300 high-temperature 3D printer
Delivered to ISRO's LPSC
Developer: Spacetime 4D (Kerala)
Capabilities: multi-material extrusion
Supports STIIC at IIST and KSUM
Advances domestic space manufacturing
Kiran Mani named APAC Chief to drive OpenAI's India growth
OpenAI appointed Kiran Mani, former CEO of JioStar, as Asia-Pacific chief to lead India growth plans. The announcement was made on 25 March 2026. Mani will head OpenAI's Asia operations from a Singapore base and report to Chief Strategy Officer Jason Kwon. Mani is a technology and business leader with experience at Google, Microsoft, and IBM, including a long stint directing Android and Google Play operations in Asia-Pacific and Japan. The appointment signals OpenAI's intensified focus on high-potential markets in the region and is expected to bolster partnerships, product deployment, and AI research collaboration in India and nearby markets.
Appointed: 25 March 2026
Role: APAC Chief, OpenAI
Base: Singapore; reports to CSO Jason Kwon
Past roles: JioStar CEO, Google, Microsoft, IBM
Focus: India growth and regional expansion
Implications: stronger partnerships and AI collaboration
Stuti Pradhan to represent India at World Youth Parliament 2026
Stuti Pradhan, a young leader from Sikkim, has been chosen to represent India at the World Youth Parliament 2026. The selection follows her success as the winner of the Viksit Bharat Youth Parliament in 2025. The World Youth Parliament brings together young minds from dozens of countries to discuss global challenges and propose youth-driven policy solutions. Participants have come from South Korea, the UAE, Kuwait, Chad, Thailand, and Yemen, among others. The Indian delegation sees Stuti's debate skills and leadership as a platform to influence cultural exchange and international governance. The event serves as a training ground for future policymakers.
Individual: Stuti Pradhan, from Sikkim
Selected for World Youth Parliament 2026
Winner of Viksit Bharat Youth Parliament 2025
Event includes participants from multiple countries
Focus on youth policy and international governance
Kompella Venkata Ramana Murty named SEBI Whole-Time Member
Kompella Venkata Ramana Murty has been appointed as a whole-time member of the Securities and Exchange Board of India for a three-year term. The appointment, notified on 25 March 2026, strengthens SEBI's leadership as capital markets expand and regulatory complexity grows. Murty previously served as Additional Controller General of Defence Accounts, bringing extensive public-finance experience to the regulator. His inclusion is expected to enhance financial oversight, accounting standards, and market supervision in a rapidly changing environment. The appointment aligns with government priorities to deepen market integrity, safeguard investors, and ensure efficient enforcement across diverse financial sectors. Market participants welcomed the move as a signal of stable regulatory leadership.
Appointed: 25 March 2026
Term: three years
Previous role: Additional Controller General of Defence Accounts
Impact: stronger SEBI oversight
Signal of stable regulatory leadership
Supports expanding and complex markets
BHASHINI and PFRDA sign MoU to widen pension services accessibility
Digital India BHASHINI Division and the Pension Fund Regulatory and Development Authority (PFRDA) signed a Memorandum of Understanding to strengthen multilingual capabilities in pension services. The collaboration integrates with BHASHINI, India’s National Language Digital Public Infrastructure, enabling translation tools, multilingual AI models, and voice-enabled technologies within PFRDA systems. The initiative will cover all 22 languages listed in the Eighth Schedule of the Constitution, expanding accessibility for subscribers and stakeholders. The MoU aims to boost language inclusivity across pension platforms and improve user experience for diverse linguistic communities.
Cabinet approves five-year continuation of IVFRT scheme
The Union Cabinet approved the continuation of the Immigration, Visa, Foreigners Registration and Tracking (IVFRT) Scheme beyond 31 March 2026 for five years, up to 31 March 2031, with a budget outlay of Rs 1,800 crore. Information and Broadcasting Minister Ashwini Vaishnaw explained that the objective is to modernize immigration and visa services within a secure, integrated framework. IVFRT aims to facilitate legitimate travellers while strengthening national security, reduce processing times, and improve data sharing among agencies. The decision supports digital governance and streamlined border management at airports and land borders nationwide.
Extension: 5 years to 2031
Budget: Rs 1,800 crore
Objective: modernize immigration and visa services
India launches global clinical study integrating Ayurveda with TB treatment
India, marking World Tuberculosis Day, launched a first-of-its-kind global clinical study to evaluate integrating Ayurveda with standard tuberculosis treatment. The trial will enroll over 1,200 patients across leading institutions, with researchers assessing outcomes such as nutritional recovery, body weight, disease progression, quality of life, safety, and tolerability. Union Minister Jitendra Singh described the study as a convergence of modern biotechnology and traditional knowledge, aiming to improve patient outcomes through a holistic approach. If successful, the study could influence TB treatment protocols and advance India's goal of a TB-free nation through collaboration with international partners.
Global study on Ayurveda as TB adjunct
Sample size: over 1,200 patients
Outcomes: nutrition, weight, progression, quality of life, safety
SC rules that conversion ends Scheduled Caste status
The Supreme Court ruled that individuals who convert to religions other than Hinduism, Buddhism or Sikhism lose their Scheduled Caste status immediately and completely. The bench, led by Justice Prashant Kumar Mishra, held that conversion results in automatic loss of SC status, with no exceptions. The judgment relies on Clause 3 of the Constitution (Scheduled Castes) Order, 1950, which restricted SC recognition to followers of Hinduism, later extended to Sikhs and Buddhists. The court described the restriction as categorical and absolute. The decision impacts access to reservations and related benefits for converts. Lawyers expected appeals though the ruling clarifies eligibility rules going forward.
Gujarat passes Uniform Civil Code Bill 2026; second state after Uttarakhand
Gujarat became the second Indian state to pass the Uniform Civil Code (UCC) Bill 2026, with the legislation tabled in the State Assembly on 24 March 2026. The bill proposes a common legal framework for marriage, divorce, inheritance and live-in relationships across all religions, replacing diverse personal laws with a single system. Proponents argue equal treatment under law, while opponents raise concerns about religious freedoms. The bill followed a state-appointed committee's report recommending a uniform personal law. The move mirrors a broader national debate on the UCC and signals possible future reforms at the state level.
Date of passage: 24 March 2026
Second state after Uttarakhand
Aims: common framework for personal matters
Implications: potential changes to religious laws
Supporters cite equality; critics cite religious freedoms