RBI guidelines concerning access to the Negotiated Dealing System – Order Matching (NDS-OM) platform
The shift to allow a broader spectrum of financial institutions to directly access NDS-OM reflects the RBI’s commitment to fostering inclusivity and competition in the government securities market. By enabling more participants to trade directly on the platform, the RBI aims to improve market depth and liquidity, ensuring a more efficient price discovery process for government securities.
SEBI Clarification with regard to usage of 3 –in –1 type accounts for making an application in public issue of securities
Accordingly, it is clarified that, in addition to existing modes of making an application in public issue of securities Master Circular investors may continue to submit the bid-cum application form online using the facility of linked online trading, demat and bank account (3-in-1 type accounts).
Listing of Commercial Paper and Certificates of Deposit on the recognised stock exchanges in the IFSC
The Circular provides the regulatory requirements for facilitating issuers to list CP and CD in an efficient and transparent manner ensuring that adequate material information is made available to the investors for making informed decision. The Circular, inter-alia, specifies the conditions for issuance of CP and CD, eligible issuers, eligible investors, disclosures in the offer document, continuous disclosures etc.
Kerala High Court Exposes Transplant System Flaws In The State
The Kerala High Court has passed a judgment directing the State Government to constitute Hospital Based Committees and ensure induction of knowledgeable members in transplant committees. It has also stated that the absence of photographs featuring the donor and recipient cannot also be the reason for negativing the donor’s version that he had volunteered to donate his organ out of love and affection.
India Sanctioned Three Pilot Projects for Hydrogen in Steel Production
As part of the National Green Hydrogen Mission, the Union Government has sanctioned three pilot projects to explore the use of hydrogen in steel production. These projects aim to identify advanced technologies and assess the feasibility of incorporating green hydrogen into steelmaking processes.
