Food Safety Standards and Initiatives Reviewed at 41st CAC Meeting
One of the recommendations made during the meeting was that food business operators (FBOs) would no longer be required to renew their licenses annually. Instead, licenses can now be issued for up to 5 years.
Plant Quarantine (Regulation of Import into India) (Sixth Amendment) Order, 2023
The Amendment Order is now permitting the import of Fresh Fruit for Consumption of Persea americana (Avocado) from Kenya. However, such import shall comply with the additional declarations that are required to be incorporated into Phytosanitary Certificate and shall also comply with special conditions.
PGMEB reiterates call for Applications for Increase of Seats in PG Courses for Academic Session 2024-2025
The Post Graduate Medical Education Board (PGMEB) has stated that pending the processing of previous applications, medical colleges/ institutes may submit fresh applications for increase of seats in Post Graduate Courses being run by them for admission in Academic Session 2024-2025.
West Bengal Bye-Election: Paid Holiday Mandated for Voters on Poll Day
All employers, of any businesses, trades, industrial undertakings, and any other establishments in the 15 – Dhupguri (SC) Assembly Constituency where the election has been notified, are obligated to grant a paid holiday to their workmen who are registered voters in the said constituency area. This paid holiday will be granted on 5th September, 2023.
Revised transaction limits for Small Value Digital Payments in Offline Mode
As announced in the Statement on Development and Regulatory Policies dated August 10, 2023, the upper limit of an offline payment transaction is increased to ₹500.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2023
The process of voluntary delisting begins with the listed entity making an application to the relevant stock exchange(s) seeking in-principle approval. This application should be submitted within fifteen working days from the date of passing the board resolution or receipt of necessary regulatory approvals. The stock exchange(s) must dispose of this application within a maximum of fifteen working days from the date of receiving a complete application.
Securities Contracts (Regulation) (Stock Exchanges and Clearing
Corporations) (Third Amendment) Regulations, 2023
corporation is not deemed to be fit and proper, the recognized stock exchange or recognized clearing corporation shall replace such a person within thirty days from the date of such disqualification, failing which the fit and proper person criteria may be invoked against the recognized stock exchange or recognized clearing corporation.
Insurance Regulatory and Development Authority of India (Re-insurance) (Amendment) Regulations, 2023
Every Indian Re-insurer including Foreign Re-insurance Branches (FRBs) shall maintain a minimum\retention within India of 50% of Indian re-insurance business underwritten.
IRDAI reconstitutes Insurance Advisory Committee
IRDAI has reconstituted the members of Insurance Advisory Committee, both individual and entities, which will be effective from the date of publication in the official gazette.
RBI has directed Regulated Entities to ensure meticulous compliance with the Weapons of Mass Destruction (WMD) and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005
The REs shall take note of the latest version of the UNSC Sanctions lists on DPRK & Iran accessible on the UN Security Council’s website.