Foreign Contribution (Regulation) Amendment Bill, 2026 introduced in Lok Sabha proposes major changes including designated authority framework, stricter compliance, asset vesting rules, and prior approval for investigations.
India's health insurance sector crosses Rs 1.2 lakh crore in FY25 with 9% growth. IRDAI introduces strict timelines: 1-hour pre-authorization and 3-hour final approval to ensure faster, transparent claim settlements and improved policyholder trust.
Government clarifies that no changes have been made to LPG refill booking timelines. Existing limits remain 25 days in urban areas and 45 days in rural areas. Citizens advised to ignore misinformation and avoid panic booking.
RBI, IRDAI and SEBI enhance measures to help citizens reclaim unclaimed deposits, insurance and mutual fund assets. Rs 5,777 crore returned across 22.95 lakh claims under nationwide campaign with digital portals and simplified processes.
The Reserve Bank of India proposes revised rules on unauthorised electronic transactions, introducing compensation for small frauds, AI-based detection tools, and stronger safeguards against mule accounts and cyber fraud.
Strengthening cooperative bank governance, RBI and NABARD introduce key safeguards through amendments to the Banking Regulation Act and Multi-State Cooperative Societies Act, 2002, enhancing transparency, accountability, and depositor protection.
Prime Minister Narendra Modi addressed the Lok Sabha on the ongoing West Asia conflict, highlighting its impact on global economy, India's energy security, and trade routes.
CBIC issues Instruction No. 02/2026 directing strict compliance with court rulings on duty drawback claims for export of unlocked mobile handsets by merchant exporters.
Government approves RELIEF scheme under Export Promotion Mission to support exporters hit by West Asia logistics disruptions, offering risk coverage, cost relief and MSME support amid rising freight and insurance costs.
Finance Ministry updates FEMA enforcement thresholds via notification dated March 18, 2026, revising case value limits to Rs 2-10 crore for improved classification, consistency, and regulatory clarity in foreign exchange violations.
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