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BANKING REGULATION ACT 1949
Sebi reinstates open market buybacks via exchangesSebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relax...- ED case against five Bengaluru-based entities for 'unauthorised' cross-border crypto transactionsThe Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...
- AI-generated ads should be exempt from EU transparency rules, retail association saysThe European Union AI Act, which enters into force on August 2, requires companies to clearly label where artificial intelligence has bee...
- Quote of the day by Simone de Beauvoir: 'To catch a husband is an art; to hold him is a job' - A simple yet sharp take on the realities of married life by French philosopher and authorFrench philosopher Simone de Beauvoir's famous quote reveals a timeless truth about relationships. She described finding a partner as an ar...
- RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...
- En route to D-Street: NSE files draft papers with SebiThe National Stock Exchange has filed its draft prospectus with Sebi, moving closer to its long-awaited Initial Public Offering. The IPO is...
- New labour code: 3 employee-friendly changes that could make working life easierNew labour codes and central government rules simplify employee compliance by consolidating 29 fragmented laws into a unified framework. Th...
- Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
- Arunachal rolls out major deregulation drive to boost investmentArunachal Pradesh has significantly eased business regulations. The state has streamlined processes across 51 areas, including land, enviro...
- Italy's antitrust regulator probes Apple over cloud services under Digital Market rulesUnder the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge...
- Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
- Angel One settles Sebi proceedings over lapses in monitoring authorised persons, pays Rs 4.28 croreAngel One has settled Sebi's adjudication and enquiry proceedings by paying Rs 4.28 crore. The regulator had alleged supervisory and monito...
- Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
- FSSAI notices to 8 companies over misleading names, claimsThe Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies, including Emami Healthy & Tasty, for p...
- Taiwan's spy agency launches webpage for Chinese nationals to report tipsTaiwan's intelligence agency has established a secure online channel for Chinese nationals to report information, citing growing public dis...
- Maharashtra FDA bars hospitals from forcing patients to buy medicines in-houseMaharashtra's Food and Drug Administration has issued a significant directive. Hospitals and medical practitioners must now allow patients ...
- US Treasury expands bank data-sharing rules tied to Trump immigration crackdownThe Treasury Department is guiding banks to share information on suspected undocumented customers, framing it as a crackdown on fraud and c...
- CIC pulls up PNGRB over RTI reply on safety, inspections of IGL pipeline workThe Central Information Commission has criticized the Petroleum and Natural Gas Regulatory Board. This is for not properly answering a Righ...
- Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
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