Recently, the Reserve Bank of India (RBI) came up with uniform principles of dealing with claims made by deceased customers by banks, which is meant to bring about uniformity and equity among financial establishments. The new structure that will be fully applied by March 2026 is likely to help streamline claim settlements, minimize time delays and offer more relief to families in periods of need.

1. Project Acceptance and Relevance:

• India and Bhutan have ratified their very first cross-border railways.
• Kokrajhar-Gelephu and Banarhat-Samtse lines are two of them.
• Attempts to enhance economical, strategic, and cultural collaboration among the neighboring countries.

1. Inauguration and Location:

• The Ministry of Ayush inaugurated it on the 10 th National Ayurveda Day.
• The Dhargal was founded at All India Institute of Ayurveda (AIIA), Dhargal, Goa.
• Defines an important milestone in the integrative treatment of cancer in India.

1. Event Overview & Scale:

• The world food India 2025, the flagship food processing summit in India, was successful in New Delhi.
• The Ministry of Food Processing Industries (MoFPI) organised the event over four days.
• It got 26 large local and foreign companies that signed Memoranda of Understanding (MoUs).

Application & Meaning:

• The Trade and Economic Partnership Agreement (TEPA) of India with European Free Trade Association (EFTA) comes into effect on 1 st October 2025.
• This is the first FTA between India and a European union, which is a combination of Switzerland, Norway, Iceland, and Liechtenstein.
• The agreement is expected to boost trade, investment and technology cooperation between India and these high-income European countries.