Community & General News

Finance Ministry Notifies Jan Vishwas Act Amendments for RBI, LIC, Insurance and PFRDA Laws from 23rd June 2026

23 June 2026 at 09:18

The Central Government has notified June 23, 2026, as the commencement date for select Jan Vishwas Act amendments relating to the RBI Act, LIC Act, General Insurance Business Act and PFRDA Act.

Posted in Community & General | 1527 Views

New Diesel Regulation 2026: Retail Outlets Can Sell Maximum 200 Litres Per Customer Daily

13 June 2026 at 09:17

The government has notified a temporary order limiting diesel sales at retail outlets to 200 litres per customer per day to curb hoarding, black marketing and fuel diversion.

Posted in Community & General | 498 Views

RBI Simplifies FPI Investment Rules in Government Securities

06 June 2026 at 09:45

RBI removes key investment restrictions for FPIs in Government Securities under the General Route, merges investment limits, and expands the Fully Accessible Route (FAR) by including more G-Secs and Sovereign Green Bonds.

Posted in Community & General | 261 Views

Finance Ministry Notifies Directorate of Naval Intelligence Under PMLA Information-Sharing Provisions

06 June 2026 at 09:23

The Finance Ministry has amended the PMLA information-sharing notification to include the Directorate of Naval Intelligence among agencies eligible to receive information under Section 66 of the Prevention of Money Laundering Act, 2002.

Posted in Community & General | 102 Views

RBI Denies Reports of Gold Sale, Confirms Gold Reserves Unchanged at 880.52 Tonnes

04 June 2026 at 09:30

RBI has clarified that reports suggesting the sale of its gold reserves are incorrect. The central bank confirmed that its physical gold stock remains unchanged at 880.52 tonnes and urged the public to rely on official information.

Posted in Community & General | 231 Views

India Engages with US Over Proposed Section 301 Tariffs

04 June 2026 at 09:24

The USTR has proposed additional tariffs on imports from India and 59 other economies under Section 301 proceedings. India remains engaged with the US while also working toward finalizing a bilateral trade framework agreement.

Posted in Community & General | 93 Views

Ministry of Finance Introduces Common Landing Portal for Unclaimed Financial Assets

30 May 2026 at 09:18

The Department of Financial Services has launched a Common Landing Portal for Unclaimed Financial Assets, providing a single platform for citizens to search unclaimed bank deposits, insurance claims, shares, dividends, and mutual funds.

Posted in Community & General | 1452 Views

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 | 3132 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 | 123 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