CDSCO Clarifies Gastro-Resistant & Delayed-Release Drugs as “New Drugs”
The Central Drugs Standard Control Organization (CDSCO) has issued a directive clarifying that gastro-resistant and delayed-release dosage forms of drugs are to be considered “New Drugs” under the New Drugs and Clinical Trials Rules, 2019. This includes enteric-coated tablets and capsules.
Indian Nursing Council Publicizes Fake Notice In Its Name
The Indian Nursing Council (INC) has publicized a fake notice notice issued under its name and order. This fake notice is purportedly expressing a stern warning to all nursing colleges across India regarding the maintenance of accurate faculty records.
Framework for Aircraft Leasing in IFSCs: Key Updates and Regulations
The IFSCA has developed a clear legal and regulatory framework, based on powers granted by the IFSCA Act, 2019. The government of India, through Gazette notifications, has recognized aircraft leasing, including both operating and financial leases (and hybrids of the two), as a “financial product.” This distinction allows entities in the IFSCs to offer aircraft leasing services under a structured and regulated environment.
Late Payment of Fees – IFSCA circular for entities
This circular provides clarity on penalties for late payment of fees and introduces key changes that will take effect from March 1, 2025. The changes emphasize the importance of timely payment and highlight the financial implications of delays.
‘Bond Central’ – Portal for Corporate Bonds
‘Bond Central’ is an innovative initiative that aims to create a single, reliable source of information on all corporate bonds issued in India. The platform will serve as an accessible, free-of-cost database that consolidates critical information for investors, market participants, and the public. This initiative is expected to bring a new level of transparency to the Indian corporate bond market and enhance the efficiency of financial decision-making.
Director-General of Health Services Assumes Charge as President of Dental Council of India
Prof. (Dr.) Atul Goel, Director-General of Health Services, will now serve as the President of the DCI. This interim appointment is intended to ensure the continued functioning of the DCI during a period of transition.
SEBI directions for deployment of funds: new timelines for Asset Management Companies
These updated guidelines are designed to ensure that AMCs deploy funds raised through NFOs in a timely manner, aligning with the asset allocation specified in the Scheme Information Document (SID). This move aims to curb mis-selling and enhance investor protection while promoting efficient fund management in the mutual fund industry.
NMC Clarifies NIOS Eligibility for NEET-UG & Addresses RTI Confusion
The NMC addressed concerns that the National Testing Agency (NTA) had issued a NEET-UG Bulletin 2025 that contradicted NMC regulations. The notice clarifies that the RTI response was specifically addressing queries related to students studying through NIOS, State Open Schools, or as private candidates.
SEBI directions for Specialized Investment Funds: new Regulatory framework
The framework aims to bridge the gap between Mutual Funds (MFs) and Portfolio Management Services (PMS), introducing a new product category designed for more sophisticated investment needs. This move comes as part of SEBI’s continuous effort to diversify the investment landscape and cater to the evolving requirements of retail, high-net-worth, and institutional investors.
IFSCA proposals for overseas insurers: new securitization requirements
The objective of this consultation paper is to seek comments / views/ suggestions from public on the proposed Securitization requirements by overseas insurers or re- insurers for providing insurance covers to entities regulated by the IFSCA.
