IFSCA First Report on Transition Finance by Expert Committee on Climate Finance
It emphasizes the role of transition finance in driving investments towards hard-to- abate sectors such as steel, cement, shipping, fertilisers etc. which are crucial for economic growth of India and other developing nations. The report offers strategic recommendations to IFSCA and policy makers by exploring global best practices and regulatory landscapes, to enhance the role of GIFT-IFSC as a gateway for attracting international climate capital flows in order to achieve India’s ambitious goal of achieving net-zero by 2070.
New form and manner for registration under IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024
IFSCA vide circular dated 25 June 28, 2024 has issued the new form and manner for seeking registration and other requirements under International Financial Services Centres Authority (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024.
IFSC Banking Units (IBUs) permitted to undertake OTC derivatives on Gold and Silver
IFSCA has decided to permit IFSC Banking Units (IBUs) to undertake OTC derivatives on Gold and Silver and offer such derivatives to their clients.
SEBI has announced reduction in denomination of debt securities and non-convertible redeemable preference shares
The minimum face value of a listed debt security or non-convertible redeemable preference share issued on private placement basis traded on a stock exchange or OTC basis is reduced from Rs. One lakh to Rs. Ten thousand.
Stakeholders’ Consultation on Draft Mining Plan Guidelines for Coal and Lignite Mines- 2024
The Key elements include the mandatory inclusion of restoration, remediation, and regeneration measures in mining plans to ensure sustainable natural resource management. These measures aim to minimize environmental impacts, address community concerns, and promote continuous improvement in water quality monitoring.
MoE opens National Scholarship Portal (NSP) to submit applications
The One-Time Registration (OTR) application, featuring a redesigned home page, a new mobile app, and an updated web version has been launched and is now live and accessible to the public, allowing students to conveniently register online for OTR on the National Scholarship Portal (NSP). The NSP application, including OTR, leverages cutting-edge technologies and boasts of an enhanced user interface. The NSP portal is now open for one-time registration as well as application for fresh and renewal scholarships.
Self-nominations open for National Teachers’ Award 2024 till 15th July 2024
Online self-nominations from eligible teachers for National Teachers’ Awards 2024 are being invited with effect from 27 June 2024 on the Ministry of Education’s portal http://nationalawardstoteachers.education.gov.in. The last date for receiving online nominations is 15 July 2024. This year, 50 teachers will be selected through the three-stage selection process, i.e., at the District, State and National level.
