DGFT has launched the enhanced Certificate of Origin (eCoO) 2.0 System
As of 1st January 2025, the electronic filing of Non-Preferential Certificates of Origin has become mandatory via the eCoO 2.0 platform, and is available to exporters at https:// trade.gov.in under the “Get Certificate of Origin” section. This trade facilitation initiative has been streamlining the certification process, and improving turnaround times for exporters, marking a significant advancement in enhancing the Ease of Doing Business.
RBI publishes Payment System Report, December 2024
This report, in addition to analysing the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to CY-2024, covers important developments in the payment ecosystem and provides an in-depth analysis into UPI. Henceforth, the Report will be published on RBI website on half yearly basis.
RBI operations to inject liquidity into banking system
The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions.
RBI clarification regarding coverage of customers under the nomination facility as per Master Circular on “Customer Service in Banks”
The frontline staff in the branches of banks may be suitably sensitised for obtaining nomination as well as appropriate handling of claims of deceased constituents and dealing with nominees/ legal heirs. The Account Opening Forms may be modified suitably (if not already done) with provision for the customers to avail or opt out of nomination facility.
RBI issues Regulatory prescriptions and Institutional Safeguards for Prevention of financial frauds perpetrated using voice calls and SMS
To enhance fraud risk monitoring and prevention, the REs are further advised to develop Standard Operating Procedures (SOP) incorporating the required action to be taken including, inter alia, updating the registered mobile number(RMN) after due verification; enhanced monitoring of accounts linked to these revoked mobile numbers for preventing the linked accounts from being operated as Money Mules and / or being involved in cyber frauds, etc.
CDSCO Publishes Not Of Standard Quality And Spurious Alert For December 2024
The NSQ drug list specifies a total of 84 drugs that were detected to be deficient by State Lab Drugs Control Laboratories. The NSQ drug list for central CDSCO laboratories specifies a total of 51 drugs that were detected to be deficient.
Ministry Launches Sanchar Saathi App to Combat Spoofed Calls
The Ministry of Communications introduces Sanchar Saathi app to help citizens report fraudulent calls, preventing cyber-crimes and spoofed international calls
New MPCB Directive Targets Industrial Effluent Violations
MPCB notifies regarding the industries discharging effluent with excessive COD into CETPs in Thane-Belapur and MIDC Waluj, aiming for stricter enforcement.
GPCB Simplifies Consent Process for Small Healthcare Units
GPCB issued the regulatory process for Non-Bedded Healthcare Units (HCU) and healthcare units with less than 30 beds that generate Biological Medical Waste.
NPCB Issues Registration Form for Lead Acid Battery Dealers
NPCB issued a Registration Form for dealers dealing with Lead Acid Batteries. This form ensures environmental compliance within the battery industry in Nagaland
