The Medical Devices ( Draft Amendment) Rules, 2022.

The Registration Certificate issued in Form MD-42, shall remain valid in perpetuity, subject to payment of Registration Certificate retention fee as specified in the Second Schedule before completion of the period of five years from the date of its issue, unless, it is suspended or cancelled by State Licensing Authority.

RBI reviews Rupee Interest Rate Derivatives Directions.

Non-residents may also undertake FCS-OIS transactions with the market-makers having AD Cat-I license for purposes other than hedging interest rate risk. These transactions may be undertaken directly with a market-maker in India, or by way of a ‘back-to-back’ arrangement through a foreign branch of the market-maker or through their IBUs.

Relaxation in Drugs Rules and New Drugs and Clinical Trials Rules for making available suitable drugs to meet the requirements arising due to COVID-19

The Central License Approving Authority or the State Licensing Authority, as the case may be, if satisfied that requirements under the provisions of the said Act and the Drugs Rules, 1945 and the New Drugs and Clinical Trials Rules, 2019 have been complied with, grant License to manufacture and stock the new drug subject to the condition that the licensee shall sell or distribute the new drug only after obtaining permission for such new drug in Form CT-23.

ESIC relaxes the eligibility condition under ESIC COVID-19 Relief Scheme.

The deceased Insured Person must have been in employment on the date of diagnosis of COVID19 disease and contributions for at least 35 days should have been paid or payable in respect of him / her during a period of maximum one year immediately preceding the diagnosis of COVID-19 disease resulting in death.