Community & General News


Finance Ministry Permits Selected Financial Firms to Perform Aadhaar Authentication Under PMLA

   28 May 2026 at 09:28

Finance Ministry permits Groww Mutual Fund, ICICI Securities, Upstox and three other entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002.

Posted in Community & General |   3234 Views


Finance Ministry Revises March 2026 Notification Under Actuaries Act, 2006

   28 May 2026 at 09:21

The Ministry of Finance has issued a fresh notification appointing Ms. Varsha Chandra Sinha as Presiding Officer under the Actuaries Act, 2006. The amendment replaces the earlier entry notified in March 2026.

Posted in Community & General |   138 Views


FM Sitharaman Reviews GIFT City Progress at High-Level Meeting

   23 May 2026 at 09:29

Finance Minister Nirmala Sitharaman reviews progress of GIFT City, highlighting its role as India’s global financial hub with over 1,150 entities and USD 110 billion banking assets.

Posted in Community & General |   297 Views


Ministry of Finance Amends HSNS Cess Rules 2026: Rule 35 Sees Major Procedural Changes

   22 May 2026 at 09:34

The Ministry of Finance has notified the Health Security & National Security Cess (Second Amendment) Rules, 2026, introducing key changes to Rule 35, including omission of sub-rule (3) and revised accounting approvals.

Posted in Community & General |   2388 Views


Centre Dismisses Claims of Temple Gold Monetisation Scheme Across India

   20 May 2026 at 09:19

The Government of India has denied reports claiming temple gold will be monetised or used for strategic reserves. Officials called the rumours false and misleading.

Posted in Community & General |   1782 Views


RBI Issues FEMA (Authorised Persons) Regulations, 2026 to Streamline Forex Authorisation Framework

   08 May 2026 at 09:32

RBI issues Foreign Exchange Management (Authorised Persons) Regulations, 2026 to simplify forex authorisation, expand the principal-agent model and strengthen India's foreign exchange regulatory framework under FEMA.

Posted in Community & General |   159 Views


DFS Pushes for Tech-Driven Insurance Growth and Broader Coverage Across India

   05 May 2026 at 09:23

DFS Secretary M. Nagaraju reviews strategy documents of LIC, GIC Re and Oriental Insurance, stressing insurance inclusion, digital expansion, and improved efficiency.

Posted in Community & General |   165 Views


RBI Gets New Deputy Governor: Rohit Jain Appointed by Centre

   04 May 2026 at 09:20

Government of India, vide its notification dated May 02, 2026, and in exercise of the powers conferred by clause (a) of sub-section (1) of section 8 of the Reserve Bank of India Act 1934, read with sub-section (4) of section 8 thereof, has appointed

Posted in Community & General |   69 Views


New FDI Rules: Key Changes Under FEMA 2026

   04 May 2026 at 09:20

India notifies FEMA (Non-Debt Instruments) Amendment Rules, 2026, tightening FDI norms, beneficial ownership checks, and approval requirements for border-sharing countries.

Posted in Community & General |   4143 Views


RBI Issues Final Directions on Forex Derivatives Reporting for AD Category-I Banks

   28 April 2026 at 09:05

RBI finalizes reporting norms for Authorised Dealer Category-I banks, mandating disclosure of global INR forex derivative transactions to CCIL to boost transparency.

Posted in Community & General |   612 Views



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