IFSCA authorized CCIL IFSC to operate a Foreign Currency Settlement System in GIFT IFSC and notified its governing Bye-Laws and Regulations for financial institutions.
The Ministry of MSME mandates that all new delayed payment cases under the MSMED Act must be filed on the new MSME ODR Portal starting October 15, 2025, replacing the Samadhaan portal.
RBI circular allows Authorised Dealer banks to permit the investment of surplus funds in Special Rupee Vostro Accounts into non-convertible debentures/bonds and commercial papers.
IBBI suspended a registered valuer for six months after finding inconsistent reasons for excluding an asset from a liquidation valuation report, citing a lack of professional judgment.
RBI allows non-residents with Special Rupee Vostro Accounts to invest surplus rupees in corporate debt securities and commercial papers.
RBI released draft directions for REs on related-party lending, proposing materiality thresholds, new exemptions, and enhanced reporting. Comments due by Oct 31, 2025.
DGFT amends rice export policy, exempting the Certificate of Inspection (COI) requirement for all European countries, excluding EU, UK, and four others, for six months.
DGFT grants a one-time exemption for the export of 100 MT of DWR-162 wheat seed from the University of Dharwad to Indonesia via NCEL and Mangalore Port.
The Ministry of Commerce & Industry, through DGFT Notification No. 37/2025-26, has immediately amended the export policy for De-Oiled Rice Bran (DoRB), shifting its classification from ‘Prohibited’ to ‘Free’. This change removes the previous restriction that was in effect until September 30, 2025, allowing for unrestricted export under various ITC (HS) codes within Chapters 2302 and 2306.
The DGFT has exempted the export of 23 agricultural commodities, including rice, wheat, oils, and vegetables, to Bhutan from all restrictions or prohibitions immediately. (159 Characters)
