Promoting Use of Local Currencies for Bilateral Transactions

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee (INR) and the Mauritian Rupee (MUR) for cross-border transactions. The MoU aims to promote the use of INR and MUR in bilateral […]

Unified Pension Scheme: New Pension Fund regulations

On 19th March 2025, the Pension Fund Regulatory and Development Authority (PFRDA) issued the PFRDA (Operationalisation of the Unified Pension Scheme under NPS) Regulations, 2025, via a gazette notification. This regulatory update marks a significant milestone in the implementation of the Unified Pension Scheme (UPS) for central government employees covered under the National Pension System […]

Framework for subscription of zero coupon on SSE

Prior to the new circular, the minimum application size for subscribing to ZCZP Instruments was set at Rs. 10,000. However, SEBI has now reduced the minimum subscription amount to Rs. 1,000.

UGC guidelines for HEIs: Sanitary facilities for women

Higher Educational Institutions are requested to ensure provisions for sanitary facility at conspicuous locations in their institutions. Further, HEls are also requested to share the activities undertaken by them through Google Form available at https://forms.gle/vcepsjdC3dtxFG4c9 latest by 25th March, 2025.

Digital Platform to extend institutional credit for fishermen

The NFDP aims at formalization of the Indian fisheries and aquaculture sector through creation of work-based digital identity and the database for all stakeholders in fisheries sector. It also serves as ‘one-stop’ solution for access to institutional credit, strengthening of fisheries co-operatives, incentivizing aquiculture insurance, performance-based incentives, fisheries’ traceability systems and training and capacity building.