NMC Extends Deadline for Pending Eligibility Certificate (EC) Applications by Seven Days
The EMRB, NMC, has decided to grant an additional seven-day extension, from February 26, 2025, to March 4, 2025. This extension is specifically for candidates listed in Annexure-I of letter dated February 18, 2025.
AI in Law Enforcement: Digitalization of court process
Initiatives like e-Courts Project Phase III, AI-assisted legal translation, predictive policing, and AI-driven legal chatbots are reshaping the legal landscape, making processes faster, smarter, and more transparent. While the adoption of AI presents challenges, particularly in data security, ethical governance, and legal adaptation, its potential to strengthen India’s justice system is unparalleled.
Exposures of Scheduled Commercial Banks (SCBs) to Non-Banking Financial Companies (NBFCs) – Review of Risk Weights
On a review, it has been decided to restore the risk weights applicable to such exposures and the same shall be as per the external rating. The instructions shall come into effect from April 01, 2025.
Industry standards for SEBI listing
The industry associations which are part of ISF (ASSOCHAM, FICCI and CII) and the stock exchanges shall publish the industry standards note on their websites.
SEBI directions to associations: opening of demat accounts
SEBI has issued a circular on February 25, 2025 that focuses on the facilitation of demat accounts for AoPs to hold securities such as mutual funds, corporate bonds, and government securities in dematerialized form. The decision comes after SEBI received numerous representations requesting the option for AoPs to directly open demat accounts in their name.
FSSAI Mandates Strict Adherence to NABL Accreditation for Referral Sample Testing
The Food Safety and Standards Authority of India (FSSAI) has issued a strict order mandating that all referral laboratories adhere to their National Accreditation Board for Testing and Calibration Laboratories (NABL) scope of accreditation when testing referral food samples.