SEBI has issued clarification regarding Investor Education and Awareness Initiatives. SEBI has directed AMCs to annually set apart atleast 2 basis point on daily net assets within the maximum limit of total expense ratio for investor education and awareness initiatives. In this regard, it is clarified that initiatives under Investor Education and Awareness include financial inclusion initiatives as may be approved by SEBI from time to time.
Nimesulide Banned for Animal Use in India
The directive, issued to all State/UT Drugs Controllers, instructs them to alert their inspectorate staff and maintain strict vigilance over the manufacture, sale, and distribution