Source: BL Context: Bajaj Finserv Asset Management Company (AMC) has launched ‘Pay with Mutual Fund’, a first-of-its-kind feature that allows investors to make daily UPI payments directly from their mutual fund investments. Purpose: Key Features:
Lxme Launches India’s First Women UPI “Lxmepay”
Source: BS Context: Lxme, India’s leading financial platform for women, launched LxmePay, the country’s first Unified Payments Interface (UPI) exclusively for women, aimed at empowering them to manage money smarter and build long-term wealth. Purpose: Key Features:
Getepay Partners with ESAF SFB to Deploy Payment Switch “VEGA”
Context: Getepay, a leading Payment Aggregator, partnered with ESAF Small Finance Bank (ESAF SFB) to deploy VEGA, a next-generation payment switch. Aim: To enhance India’s digital payment infrastructure by integrating Getepay’s advanced payment technology with ESAF SFB’s financial network. About VEGA:
LIC Launches Jan Suraksha (880) & Bima Lakshmi (881) Plans
Source: Economic Times Context: Life Insurance Corporation of India (LIC) launched two new life insurance plans — Jan Suraksha (Plan 880) and Bima Lakshmi (Plan 881) — under its first product launches post the GST regime. These plans aim to cater to specific demographics, focusing on financial inclusion and women empowerment. LIC Jan Suraksha (Plan 880) Type: Non-participating, non-linked individual savings plan. Target Audience: Lower-income individuals. Key Features: Significance: Promotes long-term savings and life cover for economically weaker sections. LIC Bima Lakshmi (Plan 881) Type: Non-linked plan with life cover and periodic money-back options. Target Audience: Exclusively women. Key Features: Significance: Supports women’s financial empowerment and provides periodic liquidity along with life cover.
UNTCC Chiefs’ Conclave 2025
Source: PIB Event Overview: Purpose: Major Sessions and Initiatives:
NITI Aayog, DP World Launch ‘We Rise’ Initiative for Women Entrepreneurs
Source: PIB Context: NITI Aayog’s Women Entrepreneurship Platform (WEP) and DP World have jointly launched ‘We Rise – Women Entrepreneurs Reimagining Inclusive and Sustainable Enterprises’, a programme aimed at nurturing women-led MSMEs and making them export-ready. About the Initiative: Key Features:
India’s Agricultural Climate Initiatives: Building a Climate-Resilient Agri-Ecosystem
Source: BL Context: India’s agriculture is increasingly vulnerable to climate change, with extreme weather events affecting yields, soil health, and livelihoods. To address this, farmers, government agencies, and civil society are collaborating to implement climate-resilient practices across the country. Key Highlights: Climate-Resilient Farming Practices: Government Support & Policies: Research and Innovation: Community Engagement: Significance:
Unclaimed Shares Portal Set for Major Upgrade
Source: ET Context: The Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs is planning to upgrade the integrated unclaimed shares and dividends portal to accelerate claim settlements and improve investor convenience. Portal 2.0 Features: Structural Changes: Significance:
SEBI Proposes Relaxation for Transfer of Pre-2019 Securities
Source: BS Context: The Securities and Exchange Board of India (SEBI) has proposed amendments to the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, aimed at facilitating the transfer and dematerialisation of securities executed before April 1, 2019. This move seeks to provide relief to investors who missed earlier deadlines for regularising such holdings. Purpose of the Proposal: Background: Proposed Mechanism: Policy Implications:
GSTR-3B
Context: The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing the GSTR-3B return for certain taxpayers, in view of the Deepavali festival. About the Update: About GSTR-3B:
