SEBI Board approves amendments to LODR regulations.
The Board approved a proposal to introduce provisions in the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations, 2015 (“LODR Regulations”/ “LODR”) relating to appointment or re-appointment of persons who fail to get elected as directors, including as Whole-time directors or Managing Directors or Managers, at the general meeting of a listed entity.
Ministry of Textiles has finalized the operational guidelines for production linked incentive (PLI) scheme for textiles for promoting MMF.
The PLI Scheme is intended to promote production of MMF Apparel & Fabrics and Technical Textiles products in the country to enable textile industry to achieve size and scale; to become globally competitive and a creator of employment opportunities for people. The scheme is to support creation of a viable enterprise and competitive textile industry.
NSE directs all the trading members to mandatorily update the 6 KYC attributes and additional information pertaining to custodian settled clients.
All the trading members shall mandatorily update the 6 KYC attributes Name, Complete address (including PIN code No. in case of address of India), PAN, valid Mobile number, Valid email-id, Income details/range along with additional information pertaining to custodian settled client from 1st January 2022.
MCA provides relaxation on levy of additional fees in filing of e-forms.
No additional fees shall be levied upto 15th February 2022 for filing of e-forms AOC-4, AOC-4 (CFS), ADC-4 XBRL, ADC-4 Non-XBRL and upto 28th February 2022 for filing e-forms MGT-7 / MGT-7 A. During the said period, only normal fees shall be payable for the filing of the aforementioned e-forms.
Ministry of Consumer Affairs, Food and Public Distribution notifies the Consumer Protection (direct selling)Rules, 2021.
A direct selling entity which explicitly or implicitly vouches for the authenticity of the goods or services sold, or guarantees that such goods or services are authentic, shall bear the liability in any action related to the authenticity of such goods or services.
Draft International Financial Services Authority (Insurance Web Aggregator) Regulations, 2021
These Regulations aim to put in place process of process of registration and operations of Insurance Web Aggregator in an International Financial Services Centre under the regulatory purview of the International Financial Services Centres Authority Act, 2019.
Plant Quarantine (Regulation of Import into India) (Ninth Amendment) Order, 2021
Export consignments for fresh fruits must comply with Systems Approach for production and export.
RBI Working Paper on an Alternative Perspective on Demand and Supply to Forecast Inflation
The paper develops a new method to construct a measure of demand-supply imbalance in the economy using a Bayesian Dynamic Factor Model.
