FDI approvals 2026: DPIIT rolls out 12-week clearance system; what the new paperless SOP means for investors

The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an updated standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals introducing a defined 12-week timeline and a fully paperless application system, PTI reported.Under the revised framework, decisions on FDI proposals will be taken within 12 weeks, excluding the time taken…

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OPEC+ raises crude oil’s June output quotas, group signals continuity after UAE exit

Saudi Arabia, Russia and five other OPEC+ countries on Sunday increased their oil production quota in a move seen as reinforcing continuity within the producers’ alliance after the United Arab Emirates’ shock withdrawal, AFP reported.The seven major producers will add “188,000 barrels per day” to their combined production quota for June, according to a statement…

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Japanese proverb of the day: “If you are in a hurry, go the long way around” — lessons on patience, careful planning, and why slowing down can save time |

Japanese proverb of the day (Image generated via Google Gemini) In today’s fast-paced world, many people think that being quick is the key to success. People want to finish things quickly, make decisions quickly, and move on. Whether it’s work, school, or everyday tasks, there is always pressure to do more in less time. This…

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