NSE specifies position limits in futures and options to be effective from 1st December 2020
The Circular specifies the Market-Wise Position Limit (MWPL), Trading Member (TM) Position Limit, Category I and II of Foreign Institutional Investor (FII) or Foreign Portfolio Investor (FPI) and Mutual Fund Position Limits. This Circular was issued on 27th November 2020 and the said position limits will be reckoned with effect from the 1st of December 2020.
The Government of India has adopted the Committee Report on Preparation of National List of Essential Medicines (NLEM) for Animal Use
The Report examines the unique characteristics of animal disease such as the prevalence of patterns of diseases, particularly in livestock. It also scrutinizes the expenditure made on veterinary health in India. The Report also raises concerns on issues of affordability, availability and antibiotic resistance. Ultimately, it recommends Foot and Mouth Disease (Trivalent) Oil adjuvant vaccines and Brucella Abortus (S19 strain) Vaccine, Live Freeze Dried as two vaccines essential for animal use in the present Indian context.
Quarterly Statistics on Deposits and Credit of SCBs: September 2020
Quarterly Statistics on Deposits and Credit of SCBs states that annual growth (Y-o-Y) in credit by private sector banks moderated significantly to 6.9 per cent in September 2020 from 14.4 per cent a year ago, whereas it increased marginally for public sector banks to 5.7 per cent from 5.2 per cent over the same period.
The timeline to close “Name of Stock Broker – Client Account” & “Name of Stock Broker – Settlement Account” extended
The timeline to close “Name of Stock Broker – Client Account” & “Name of Stock Broker – Settlement Account” have been extended to December 31, 2020
Resolution professionals to file the list of creditors on the electronic platform of IBBI
The interim resolution professional or the resolution professional shall file the list of creditors on the electronic platform of the Board for dissemination on its website for every corporate insolvency resolution process ongoing as on the date 13th November, 2020 or commencing on or after the said date.
