CDSCO Updates List of Approved FDCs

The CDSCO has now identified and corrected typographical errors in the earlier list of FDCs (Annexure-A) for which manufacturing licenses could be obtained directly from State Licensing Authorities.

Safer participation of retail investors in Algorithmic trading

SEBI issued a circular aimed at enabling safer participation of retail investors in Algorithmic Trading (Algo trading). This new regulatory framework is a response to the growing demand for Algo trading by retail investors, which has been gaining momentum in recent years. The initiative not only aims to offer greater access to algorithmic tools but also puts in place critical safeguards to ensure the safety and integrity of market practices.

CRCS- Sahara Refund Portal

In compliance with the Supreme Court’s directions, the Ministry of Cooperation launched the CRCS-Sahara Refund Portal on 18th July 2023. This portal is specifically designed to allow depositors from the four Multi-State Cooperative Societies of the Sahara Group—Sahara Credit Cooperative Society Ltd. (Lucknow), Saharayn Universal Multipurpose Society Ltd. (Bhopal), Humara India Credit Cooperative Society Ltd. (Kolkata), and Stars Multipurpose Cooperative Society Ltd. (Hyderabad)—to submit their claims for refunds of their legitimate deposits.