FSSAI allows use of either new or old names of pro-biotic strains
Use of either new or old names of pro-biotic strains is allowed for product packaging till a further order from FSSAI.
New Drugs and Clinical Trials (Amendment) Rules, 2022
The amendment has extended the scope of new drugs to include cell or stem cell derived product. Previously the definition of new drug under the New Drugs and Clinical Trials Rules only included stem cell derived product.
The Central Motor Vehicles (Draft Amendment) Rules, 2022.
The Central Motor Vehicles (Draft Amendment) Rules, 2022 been issued which mandates that vehicles of category M1, manufactured after 1st October 2022, shall be fitted with two side/side torso air bags, one each for the persons occupying front row outboard seating positions, and two side curtain/tube air bags, one each for the persons occupying outboard seating positions
Owners of Electric Vehicles can now charge them at their residence/offices using their existing electricity connections.
Any individual/entity is free to set up public charging stations without the requirement of a license provided that, such stations meet the technical, safety as well as performance standards and protocols laid down under the guidelines as well as norms/ standards/ specifications laid down by Ministry of Power, Bureau of Energy Efficiency (BEE) and Central Electricity Authority (CEA) from time to time.
Ministry of Communication issues notification to declare Reversionary Bonus on the Rural Postal Life Insurance Policies.
The Rate of Bonus for Whole Life Assurance policy shall be Rs. 60 per thousand of sum assured and for Endowment Assurance (EA) (including children policy) it shall be Rs. 48/- per thousand of sum assured and for Anticipated Endowment Assurance (AEA) it shall be Rs. 45/- per thousand of sum assured.
DGFT grants final opportunity for IEC holders to update their IEC details electronically within 31st January 2022.
DGFT has earlier mandated all IEC holders to ensure that details in their IEC is updated electronically every year during April-June period (for which no user charges were to be borne by the IEC holder).
Ministry of Communication declares Reversionary Bonus on the Postal Life Insurance Policies.
The Rate of Bonus for Whole Life Assurance policy shall be Rs. 76 per thousand of sum assured and for Endowment Assurance (EA) (including joint life and children policies) shall be Rs. 52/- per thousand of sum assured and for Anticipated Endowment Assurance (AEA) it shall be Rs. 48/- per thousand of sum assured.
The Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2022.
The Amendment has granted relaxation to Foreign Portfolio Investor from Strict Enforcement of SEBI (Foreign Portfolio Investors) Regulations.
Ministry of electronic invites application under Design Linked Incentive (DLI) Scheme from domestic semiconductor chip design firms.
The approved applicants that claim incentives under the scheme will be encouraged to retain their domestic status (i.e., more than 50% of the capital in it is beneficially owned by resident Indian citizens and/ or Indian companies, which are ultimately owned and controlled by resident Indian citizens) for a period of three years after claiming incentives under the scheme.
Grant of recognition to CDSL Ventures Limited as an Accreditation Agency under SEBI AIF Regulations
The wholly owned subsidiary of Central Depository Services(India) Limited (CDSL) shall enjoy accreditation for a period of three years. The renewal of the recognition would be subject to satisfactory performance by CVL.
