IFSCA directions for issuing derivative instruments
The entity shall furnish requisite information to the Clearing Corporations in GIFT-IFSC regarding issue of derivative instrument in the format as may be prescribed, latest by the tenth day of every month.
Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024
The amendment provides that funds raised through External Commercial Borrowings (ECB) or through American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) or through direct listing of equity shares of companies incorporated in India on International Exchanges, pending their utilization or repatriation to India, be held in foreign currency accounts with a bank outside India.
UGC has mandated implementation of Guidelines for Gender Champions in Higher Educational Institutions
It is requested to complete the online compliance details of Guidelines for Gender Champions in Educational Institutions by universities and affiliated colleges and submit the same at saksham.ugc.ac.in.
AERB Clears Radial Blanket Loading For PFBR Reactor
The Atomic Energy Regulatory Board (AERB) has granted permission for loading radial blanket sub-assemblies into the Prototype Fast Breeder Reactor (PFBR) core at Kalpakkam, Tamil Nadu. This green light marks a significant milestone towards making India’s first indigenous 500 MWe fast breeder reactor operational.
Delhi Breathes Easier On Account Of Improvement in Air Quality
April 2024 saw the highest number of “Good to Moderate” air quality days (23) in Delhi since 2018 (excluding the 2020 lockdown year). This surpasses figures from previous years: 17 (2023), 0 (2022), 18 (2021), 30 (2020), 12 (2019), and 8 (2018). Additionally, the number of days with an Air Quality Index (AQI) exceeding 200 (considered “Poor” to “Severe”) also significantly decreased to just 7 in April 2024.
Exemption for Shops and Commercial Establishments under the Rajasthan Shops and Commercial Establishments Act
The notification issued by the Labour Department of Rajasthan outlines specific provisions and exemptions granted to shops and commercial establishments under the Rajasthan Shops and Commercial Establishments Act, 1958. It emphasizes the conditions that must be adhered to by the employers to maintain the granted exemptions, including provisions related to employee leave, working hours, wages, appointment letters, and compliance with the Employees Act.
Applicability of the Employees State Insurance Act 1948 Chittaurgarh for the period from 04.04.2024 to 03.04.2025.
The notification details the exemption granted to M/s Samwinder Cement Limited from the application of the Employees State Insurance Act, 1948 for a specific period, subject to various conditions. It also outlines the powers granted to inspectors or officers to ensure compliance with the Act during the exemption period. The document is signed by the Additional Labour Commissioner and ex-officio Joint Administrative Secretary, indicating the official nature of the notification.
