The issue concerns the rollout of Phase 2 of continuous cheque clearing under CTS. RBI postponed implementation to give banks more time to prepare operationally.
The amendment introduces a one-time option for UPS subscribers to revert to NPS within defined service timelines. The key takeaway is added flexibility, with clear conditions on contributions and loss of assured UPS benefits after switching.
The amendment requires every resolution plan to disclose ultimate beneficial owners and ownership structures. The key takeaway is enhanced transparency in insolvency resolution proceedings.
The update formally amends the Handbook of Procedures to include an additional bank for gold imports, specifying validity, scope, and consumption limits.
Description: Authorities found dumped CRNO steel imports causing material injury and future threat, leading to definitive anti-dumping duty for five years to restore fair competition.
SEBI has amended its rules to permit zero-coupon debt securities to be issued at a reduced face value. The move expands investor access while retaining safeguards against structured obligations.
Authorities addressed concerns over cheap chemical imports. The ruling introduces minimum CIF thresholds while exempting export-focused units from the restriction.
IRDAI has proposed relaxing rules to allow insurers to invest in infrastructure SPVs with stable cash flows. The move aims to support long-term infrastructure financing without parent guarantees.
IBBI has enabled modification of CIRP forms through its portal and announced fees for delayed filings. The late fee applies to forms submitted after 31 December 2025.
The Appellate Authority held that the change in corporate status was made to implement a subsisting NCLAT stay. Since the relevant Change Request Form was already disclosed, no further information was required under the RTI Act.