SEBI issues guidelines for brokers, clearing members seeking to set up subsidiaries in GIFT-IFSC.
The Stock Brokers and Clearing Members shall apply through a Stock Exchange where the applicant is a member, along with the required information, documents and NOC received from all Stock Exchanges/Clearing Corporations/Depositories in which the applicant is a member/participant.
Third tranche of interim recommendations of Regulations Review Authority of RBI
RRA had recommended withdrawal of an additional 239 circulars in the third tranche. With this, the total number of circulars which stand withdrawn would be 714.
IIT Guwahati to organise North-East Research Conclave (NERC-2O22) across north-eastern states.
NERC 2020 offers the best platform for academia and industry to showcase their expertise, products and technology innovations on mission mode. The conclave is expected to benefit all in terms of setting up long-term collaboration for research and development, innovations towards the goal of establishing R&D and innovation-based sustainable NE India.
CDSCO extends consent to import drugs with less than 60% till 31st October 2022.
According to the provisions of Rule 31 of the Drugs and Cosmetics Rules, 1945, no drug will be imported unless it complies with the standard of strength, purity, and quality when the drug licensing authority will not allow the import of a drug with a less than 60 percent residual shelf life on the date of import of the drug.
NITI Aayog Launches the National Data & Analytics Platform.
NDAP follows a use-case based approach to ensure that the datasets hosted on the platform are tailored to the needs of data users from government, academia, journalism, civil society, and the private sector. All datasets are standardized to a common schema, which makes it easy to merge datasets and do cross-sectoral analysis.
RBI allows banks to lend to NBFCs for priority sector loans on an on-going basis.
To ensure continuation of the synergies that have been developed between banks and NBFCs in delivering credit to the specified priority sectors, it has been decided to allow the above facility on an on-going basis.
Export policy of wheat revised from free to prohibited
Export will be allowed when made to meet food security needs of other countries based on their request and permission from Indian government.
Surrogacy (Regulation) Removal of Difficulties Order, 2022
. The order provides that the National Assisted Reproductive Technology
and Surrogacy Board shall constitute three women Members of Parliament, of whom two shall be elected by the House of the People and one by the Council of States, Members.
SEBI relaxes requirement to dispatch physical copies of financial statements to shareholders
It has been decided to provide relaxation up to December 31, 2022, from sending hard copy of annual report containing salient features of all the documents prescribed in Section 136 of the Companies Act, 2013 to the shareholders who have not registered their email addresses.
Guidelines for Registration and Filing Application for Establishing and Operating Over the Counter (OTC) Platform, 2022.
The objective of the OTC Platform is to provide an electronic platform with the information of potential buyer and seller of electricity and maintain a repository of data related to buyers and sellers and provide such historical data to market participants.