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CONSUMER PROTECTION REGULATIONS
Absolute volume of business compliances remains major friction point for firms: Stakeholders to Parliamentary PanelDomestic enterprises face significant compliance burdens despite central deregulation efforts. Overlapping rules inflate operational costs ...- Federation of Indian Pilots writes to PM Modi, proposes Civil Aviation AuthorityIndian pilots propose a new Civil Aviation Authority to enhance regulatory independence. This move addresses international concerns and the...
- FSSAI crackdown sends food, beverage firms back to drawing boardAmid heightened regulatory scrutiny, Indian food and beverage companies are taking steps to update product labels and advertising claims. R...
- US Senate approves funding bill to avoid a shutdown before the electionThe US Senate approved a short-term funding measure to avoid a government shutdown. This action occurred nearly two months before the fisca...
- India's next crypto policy: What a balanced regulatory framework should look likeIndia currently lacks a well-defined legal framework for virtual digital assets, even though these assets are recognized for tax purposes. ...
- India must not rewrite its UPI policies under US pressure: GTRIIndia's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...
- India to launch digital gold regulatory framework next yearThe Indian government is likely to roll out regulations for digital gold in the coming year, backed by discussions involving critical minis...
- Banks welcome RBI's steady rates, see boost to credit growthThe Reserve Bank of India kept its benchmark repo rate steady at 5.25 percent. It also raised its economic growth forecast and lowered infl...
- New framework to standardise interest rate rules on the anvil, says RBIThe Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to i...
- RBI proposes new rules to standardise how lenders set interest ratesIn a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initi...
- Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
- RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rulesThe Reserve Bank of India will resume urban cooperative bank licensing after a 22-year pause. A comprehensive review of credit monitoring f...
- Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...
- IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- DoT seeks TRAI review of net neutrality framework amid 5G shiftIndia's Telecom Department has asked TRAI to review net neutrality rules. This review considers emerging technologies like 5G network slici...
- Do you consume protein for good health? Scientists say eating less could slow ageing & improve your metabolismNew research suggests that consuming less protein may benefit many adults. According to the review, reducing protein intake could improve m...
- EU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsThe European Union has launched a new team to regulate AI companies worldwide. This initiative aims to track AI model usage for violations ...
- India 25 notches up on global competitiveness indexIndia advanced 25 places to rank 57th globally in a competitiveness index. This improvement reflects sustained efforts in reducing market d...
- Transfer of unclaimed shares may go digital; AI, data analytics to perform several tasksThe government plans a new digital system for unclaimed shares and dividends. This system will connect various official platforms using app...
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