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SETTLEMENT FRAMEWORK
In 1976, USACE made a landmark decision to block development that threatened Marco Island's mangrove wetlands. 6 years later, Deltona handed Florida 15,000 acres of habitat and received 160 acres of industrial land in returnIn 1976, the U.S. Army Corps of Engineers (USACE) refused to approve a major dredge-and-fill project proposed by the Deltona Corporation on...- Sebi proposes to rationalise penalties for settling ongoing casesIndia's market regulator has introduced an updated framework for addressing securities law violations, designed to streamline processes and...
- Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
- UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
- Sebi lowers stress testing limit for commodity derivativesThe Securities and Exchange Board of India (Sebi) has announced a significant reduction in the Z-score limit for stress testing in commodit...
- Supreme Court asks states to consider framing policy on demolition, regularisation of illegal constructionsThe Supreme Court urged all states to consider a uniform policy for unauthorized constructions. This policy would address regularisation an...
- Sebi proposes to allow FPIs to participate in physically settled commodity derivativesSebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional partici...
- UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
- Parliament clears taxation bill, Sitharaman says UPI transactions to remain freeParliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for ...
- Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...
- Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
- Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....
- UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
- America hurting its own interest; India well-insulated against US tariffs on Russian oil, expert saysIndia's economy shows resilience against US sanctions on Russian crude oil. Potential tariffs on nations buying Russian oil will minimally ...
- BRICS trade meet clears MSME credit frameworkBrics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consens...
- Financial sector must build safeguards against AI risks before using it: CEAThe financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by indu...
- Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
- UPI MDR explained: What potential charges above Rs 2,000 payments on Paytm, GPay & other apps mean for you and merchantsGovernment proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...
- Sebi proposes separate master circular for clearing corporationsThe Securities and Exchange Board of India (Sebi) is set to refine regulations for stock exchanges and clearing corporations. There will be...
- Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturingThe Lok Sabha passed a bill to attract foreign investment and promote domestic manufacturing. This legislation aims to provide greater tax ...
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