▶️ Market Rally: Sensex surged over 1,100 points while Nifty reclaimed the 24,000 mark, aided by easing oil prices and improving global sentiment, thanks to US-Iran deal.
▶️ EPFO Reform: Labour Ministry is working on a universal and flexible pension scheme under EPFO to widen social security coverage.
▶️ FPI Ease: Sebi plans an end-to-end digital process to bring down foreign portfolio investor onboarding time to five days.
▶️ Export Disruption: Basmati rice and tea exports to West Asia have come to a halt amid the ongoing regional crisis.
▶️ Nuclear Push: Centre has urged states to accelerate nuclear power projects and green energy storage capacity.
▶️ Forex Funding: HUDCO is considering raising $1 billion in overseas debt under RBI’s forex swap facility.
▶️ Sovereign AI Debate: US restrictions on Anthropic’s AI models have reignited calls for building India’s sovereign AI ecosystem.
