New Delhi, May 7 (KNN) The Reserve Bank of India has issued the Foreign Exchange Management (Authorised Persons) Regulations, 2026, introducing revised norms for entities dealing in foreign exchange and discontinuing fresh licences for Full-Fledged Money Changers (FFMCs). The new regulations aim to rationalise the authorisation and renewal framework forContinue Reading
New Delhi, May 21 (KNN) Government think tank Niti Aayog in a working paper has proposed a comprehensive framework aimed at strengthening India’s position as a global workforce hub through structured, safe and demand-driven migration systems. The working paper titled ‘States Framework on International Mobility’, identifies ‘circular mobility’ as theContinue Reading
New Delhi, May 29 (KNN) Textiles ministry as well as several industry bodies are learnt to have sought a temporary suspension of anti-dumping investigations on key chemical intermediaries amid rising prices and supply shortages triggered by the ongoing conflict in West Asia. According to industry sources, downstream sectors suchContinue Reading
New Delhi, Jun 20 (KNN) India may be heading into a dual economic challenge driven by external commodity volatility linked to West Asia tensions and emerging domestic weather risks, as an uneven southwest monsoon raises concerns over rural demand and inflation. Uneven Monsoon Raises Weather-Driven Economic Concerns According to IMDContinue Reading
New Delhi, Jun 30 (KNN) Pension savings can play a key role in financing infrastructure and supporting India’s journey toward becoming a developed nation, Chief Economic Adviser (CEA V Anantha Nageswaran said on Tuesday, while cautioning against funds chasing returns at the cost of long-term liability matching. Addressing an eventContinue Reading
New Delhi, Jul 9 (KNN) Prime Minister Narendra Modi on Thursday invited Australian businesses to expand long-term investments in India, highlighting opportunities across manufacturing, clean energy, critical minerals, infrastructure and emerging technologies during the Australia-India CEOs Forum and the Economic Roadmap Business event in Melbourne. Modi Invites Australian Investment AcrossContinue Reading
New Delhi, Jul 17 (KNN) The Reserve Bank of India (RBI) has clarified that banks cannot sell immovable properties acquired during loan recovery proceedings back to the defaulting borrower or related parties, citing risks to credit discipline. The revised prudential norms, issued under the Resolution of Stressed Assets framework, willContinue Reading
