Ministry of Steel Announces New Taxonomy for Green Steel in India
Ministry of Steel introduced the Taxonomy for Green Steel in India, a new framework aimed at reducing carbon emissions in the steel industry.
India Launches Anti-Dumping Investigation on LNG Fuel Tank Imports from China
The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has initiated an anti-dumping investigation concerning the import of Liquified Natural Gas Fuel Tanks (LFT) from China.
Telangana Government Announces List of Holidays for 2025
Government of Telangana on December 26th 2024 has unveiled the official list of holidays for the upcoming year, 2025
Government of Tamil Nadu Issues New Amendment to Electricity Restructuring and Transfer Scheme, 2024
Government of Tamil Nadu issued a notification regarding amendments to the Tamil Nadu Electricity Restructuring and Transfer Scheme, 2024
Review of Guidelines for setting up and operation of International Trade Financing Services Platform (ITFS)
The revised ITFS guidelines mark a critical step forward in strengthening India’s role as a hub for global trade finance. By simplifying eligibility criteria, expanding permissible activities, and allowing greater participation from various financial entities, these guidelines not only make the ITFS platforms more inclusive but also ensure that they remain competitive and efficient in supporting global trade. These changes promise to provide exporters and importers with better access to capital, at more competitive rates, and with enhanced flexibility—contributing to the overall growth of international trade and finance.
Unified Payments Interface (UPI) access for Prepaid Payment Instruments (PPIs) through third-party applications
As announced in the Statement on Development and Regulatory Policies dated April 05, 2024, it has been decided to enable UPI payments from / to full-KYC PPIs through third-party UPI applications. This will enable PPI holders to make / receive UPI payments through the mobile application of third-party UPI applications.
RBI committee for Framework for Responsible and Ethical Enablement (FREE) of Artificial Intelligence(AI) in the Financial Sector
As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement dated December 06, 2024, the Reserve Bank of India had announced the setting up of a committee to develop a Framework for Responsible and Ethical Enablement of Artificial Intelligence (FREE-AI) in the Financial Sector.
