The Nainital Bank issued an RFP for appointment of Statutory Central Auditors for FY 2026-27 in line with RBI guidelines. The document prescribes strict eligibility conditions, evaluation criteria, and independence requirements for audit firms.
The article explains how critical illness insurance provides a fixed payout for listed illnesses while standard health plans mainly cover eligible treatment expenses. It highlights how combining both covers may help families manage recovery costs, income gaps, and household expenses.
IRDAI has directed insurers to disclose performance-linked remuneration details of Key Management Persons on their websites. The circular aims to improve governance, policyholder protection, and accountability in the insurance sector.
DGFT announced that unutilized Pharma Grade Sugar export quota may be transferred to a common pool if exporters have utilized less than 50% of allocated quantities. Exporters must submit utilization certificates and valid export contracts to retain allocations.
The Office Memorandum increases Dearness Relief rates for CPF beneficiaries and eligible family members under the 5th Central Pay Commission structure. Revised DR rates will apply from 01.07.2025 and 01.01.2026.
The DGFT introduced a digital system for issuance of Certificates of Origin for Agarwood exports through the Trade Connect ePlatform. The module aims to ensure transparency, paperless processing, and compliance with international trade requirements including CITES norms.
The DGFT notified allocation of 8606 MTRV raw cane sugar exports to the United States for US fiscal year 2026 under the TRQ scheme. The notice also clarified certification, quota operation, and reporting compliance requirements.
The article explains how travel gaps in insurance coverage can expose travellers to financial risks during medical emergencies, delays, or baggage loss. It highlights the importance of continuous travel insurance coverage throughout international trips.
The Ministry of Corporate Affairs has notified the commencement of major provisions of the Insolvency and Bankruptcy Code (Amendment) Act, 2026. The notification operationalises multiple procedural and substantive insolvency reforms with effect from 26 May 2026.
FSSAI has issued draft regulations introducing quality and safety standards for chilli seed, tomato seed, okra seed, and muskmelon seed oils. The proposal aims to regulate production, contaminants, additives, and labelling for safer consumer use.
