Power Purchase Escalation Rates Announced for October 2024- March 25
The Ministry of Power has announced the annual escalation rates applicable for the period from October 1, 2024, to March 31, 2025. These rates will be used to calculate payments for power procured by distribution licensees under various Power Purchase Agreements (PPAs). These escalation rates will be used to adjust the payments made to power producers based on changes in fuel costs and other relevant factors.
New Rules for Water Pollution Cases
The rules provide that complaints can be filed electronically, by speed post, or in person. Adjudicating officers are required to initiate inquiries within 30 days of receiving a complaint. The entire inquiry process, including evidence gathering and decision-making, must be completed within six months.
UGC notice on precautions to be taken by the students before enrolling in Programmes offered under Open & Distance Learning (ODL) and/or Online Learning (OL) mode
Students shall register on UGC-DEB web portal with his/her Academic Bank of Credit (ABC)-ID to generate a unique DEB-ID which will be mandatory to enroll in ODL/Online programmes in recognized/entitled HEIs from academic year 2024-25.
Pension Fund Regulatory and Development Authority (PFRDA) invites bids for selection of System Integrator (SI) for design, development, implementation and maintenance of its website PFRDA Connect
The Pension Fund Regulatory and Development Authority (PFRDA) has invited bids from prospective bidders to participate in the tendering process for the PFRDA-Connect Request for Proposal (RFP) as part of Technology Architecture (TARCH) project. The last date for bid submission is 9th December 2024 up to 1500 hrs IST.
SEBI simplifies registration process for Foreign Portfolio Investors
With an objective to facilitate ease of onboarding for FPI applicants and reduce duplication of available information, based on deliberations held with market participants, SEBI has simplified registration process for Foreign Portfolio Investors.
SEBI extends timeline to submit comments on consultation paper on recognition as Specified Digital Platform
Based on the representations received by SEBI from some of the entities/organisations, it has been decided to extend the timeline to submit the public comments on the consultation paper till November 26, 2024. Accordingly, the comments/ suggestions should be submitted latest by November 26, 2024.
Master Circular for Issue of Capital and Disclosure Requirements
SEBI has introduced an online system for filings related to public issues, rights issues, institutional placement programme, schemes of arrangement, takeovers and buy backs.
SEBI Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities
The circular provides the revised portion for approval of related party transactions.
Central Government Reconstitutes National Assisted Reproductive Technology and Surrogacy Board
The revised composition of the Board includes the Chairpersons of the States of Chandigarh, Chhattisgarh, Tamil Nadu, and Telangana as ex-officio members. They will replace Chairpersons of the State/UT Boards of Andaman and Nicobar Island, Andhra Pradesh, West Bengal and Uttarakhand in the Board.
CDSCO Organizes Round Table to Discuss Cosmetics Regulations with Stakeholders
The Central Drugs Standard Control Organization (CDSCO) has invited manufacturers, importers, and industry associations to a roundtable meeting to discuss issues related to cosmetics regulations. The meeting is scheduled for November 19, 2024, at 4:00 PM at CDSCO headquarters in New Delhi. It aims to foster dialogue and collaboration between regulators and industry representatives.
