IFSCA on 9th April, 2024 has issued the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Amendment) Regulations, 2024. The amendment provides that funds raised through External Commercial Borrowings (ECB) or through American Depository Receipts (ADRs) or Global Depository Receipts (GDRs) or through direct listing of equity shares of companies incorporated in India on International Exchanges, pending their utilization or repatriation to India, be held in foreign currency accounts with a bank outside India.
Indian Nursing Council Exempts Military Nursing Officers from Reciprocal Registration During Service
During active service, such exemption is contingent upon the completion of 150 hours of Continuing Nursing Education (CNE) every five years. Upon being relieved from