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DFS Hosts Workshop on Insolvency and Bankruptcy (Amendment) Act, 2026

Official Press

19 May 2026

The Department of Financial Services (DFS) under India's Ministry of Finance conducted a workshop in New Delhi to discuss the implications of the Insolvency and Bankruptcy (Amendment) Act, 2026. The event, attended by officials from the Ministry of Corporate Affairs, Insolvency and Bankruptcy Board of India, legal experts, and representatives from financial institutions, aimed to strengthen the understanding and implementation of the latest amendments. Over 8,800 resolution processes were completed by December 2025, recovering ₹4.11 lakh crore. The amendments are expected to enhance the insolvency resolution framework by addressing group and cross-border insolvencies, improving creditor processes, and promoting timely resolution of stressed assets.

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Brahmaputra River Poised for Major Economic Boost Through Government Initiatives

The Government of India is investing heavily in transforming the Brahmaputra River into a key economic corridor to facilitate trade, transport, tourism, and sustainable water management in the Northeast. Union Minister Sarbananda Sonowal leads this initiative, which includes infrastructure development such as community jetties and ship repair facilities, as well

India Focuses on New Age Fibres for Sustainable Textile Innovation

Union Minister of Textiles Shri Giriraj Singh inaugurated the National Seminar on “New Age Fibre: Innovation, Research and the Road Ahead” in New Delhi. The event, organized by the Ministry of Textiles, discussed the potential of sustainable fibres to enhance India’s textile sector. The seminar emphasized on the significance

Bastar's Transformation: From Naxalism to Development

Union Home Minister Shri Amit Shah announced that Bastar, a region in Chhattisgarh, has become Naxal-free and unveiled plans for its development. He highlighted the government's efforts, led by Prime Minister Narendra Modi and Chhattisgarh government, to transform Bastar into a prosperous and fully developed region within the

Prime Minister Emphasizes Strengthening India-Nordic Ties at Summit

At the Third India-Nordic Summit, Prime Minister Narendra Modi highlighted significant advancements in India-Nordic relations, including a quadrupling of trade in the past decade. Emphasizing shared commitments to democracy, technology, and sustainability, he introduced new strategic partnerships, aiming for greater collaboration in green technology and innovation. The summit also addressed

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Brahmaputra River Poised for Major Economic Boost Through Government Initiatives

India Focuses on New Age Fibres for Sustainable Textile Innovation

Bastar's Transformation: From Naxalism to Development

Prime Minister Emphasizes Strengthening India-Nordic Ties at Summit