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- Why in News?
- The Investor Education and Protection Fund Authority (IEPFA) is preparing to roll out its Integrated Portal — a consolidated digital platform aimed at simplifying claim-related procedures and improving access for investors and companies alike.
- About IEPFA:
- IEPFA was established in 2016 under sub-section 5 of Section 125 of the Companies Act, 2013, and operates under the Ministry of Corporate Affairs. The authority manages the Investor Education and Protection Fund (IEPF) and facilitates the refund of unclaimed dividends, shares, matured deposits, and debentures to rightful investors.
- It also plays a vital role in promoting investor awareness and protecting their interests, while striving to improve financial literacy across the country.
- To fulfill these objectives, IEPFA has launched several outreach initiatives such as Niveshak Didi (women-led financial education), Niveshak Panchayat (rural investor awareness), and Niveshak Shivir (community-level financial camps), reflecting its commitment to inclusive financial empowerment.
- Why in News?
- The winners of the 71st National Film Awards for the year 2023 were recently announced across various categories, recognizing outstanding contributions to Indian cinema.
- About the National Film Awards:
- Established in 1954, the National Film Awards aim to honor films that make a significant impact on Indian cinema and reflect the nation’s cultural richness. These prestigious awards are presented annually by the President of India.
- Key Winners – 2023:
- Best Feature Film: 12th Fail
- Best Actor: Shah Rukh Khan (Jawan) and Vikrant Massey (12th Fail)
- Best Actress: Rani Mukerji (Mrs. Chatterjee Vs Norway)
- Best Short Film: Giddh – The Scavenger
- Best Non-Feature Film: Flowering Man
- These awards continue to celebrate cinematic excellence, offering recognition to artists and filmmakers who shape India's vibrant storytelling tradition across diverse genres and languages.
- Why in News?
- Starting August 1, new regulations for Unified Payments Interface (UPI) transactions will come into effect, aiming to improve user control and enhance the safety of digital payments.
- About UPI:
- UPI is a real-time payment system developed by the National Payments Corporation of India (NPCI) that enables seamless inter-bank transactions via mobile phones.
- What’s Changing:
- The updated guidelines apply to all UPI service providers, including apps like Google Pay, PhonePe, and Paytm. These rules introduce stricter oversight over activities such as checking bank balances, setting up autopayments, and retrieving bank-related information.
- One key feature allows users to view all bank accounts linked to their mobile number through a specific payment provider, offering greater transparency and control. The move is designed to streamline digital payment processes while safeguarding user data and promoting responsible use of financial services in India’s rapidly growing digital economy.