Key Provisions of Banking Laws (Amendment) Act, 2025

The Banking Laws (Amendment) Act, 2025 introduces key provisions regarding nominations for deposit accounts, effective from November 1, 2025. It allows depositors to make multiple nominations (up to four), enhancing flexibility, transparency, and efficiency in claim settlements. The Act aims to strengthen governance standards, improve depositor protection, and promote customer convenience in the banking sector.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link