Ministry of Education rolls out a nationwide campaign on Tobacco Free Educational Institutions
Department of School Education & Literacy, Ministry of Education has developed a “ToFEI Implementation Manual” for schools and launched it on World No Tobacco Day (WNTD) which was observed on 31st May, 2024. The objective is to make educational institutions across the nation comply with the ToFEI guidelines and become #Tobacco Free Area.
SEBI launched a facility for Basic Services Demat Account (BSDA) for Financial Inclusion and Ease of Investing
Value of securities held in the demat account shall not exceed 10 Lakhs for debt and other than debt securities combined at any point of time.
Consultation Paper on disclosure of Risk Adjusted Return by Mutual Funds
The objective of this consultation paper is to seek comments / views from the public on the proposal regarding disclosure of Risk Adjusted Return of the portfolio of a Mutual Fund scheme (MF Scheme), thereby enabling informed investment decision by the investors.
SEBI directions for participation by Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and Resident Indian (RI) individuals in SEBI registered FPIs based in International Financial Services Centres in India
SEBI has provided that no investor has a say in the investment decisions of the FPI. By law, the Investment Manager/ Fund Manager of the FPI is completely independent with respect to taking investment decisions for the FPI. Further, only an Asset Management Company of a Mutual Fund (that is registered with the Board and is sponsored by a Bank regulated by the Reserve Bank of India, or its IFSC based subsidiary/branch, can be the Investment Manager/ Fund Manager of the FPI.
Master Circular for Mutual Funds
Updated format for SID/KIM/SAI to be implemented w.e.f. June 01, 2024. All updated/revised SIDs shall be made available on the website of SEBI/AMFI/AMCs within the specified timelines.
Central Electricity Authority (CEA) organizes an All-India Electrical Safety awareness programme
The handbook titled “Electrical Safety handbook for Students” was launched in the event prepared by National Federation of Engineers for Electrical Safety (NFEES) that can serve as a valuable resource for students, educators, and parents alike. From understanding basic electrical principles to recognizing potential hazards and adopting best practices for prevention, this handbook covers a wide range of essential topics in an accessible and engaging manner.
Innovation Sandbox Operating Guidelines
The objective of innovation sandbox is to Promote innovation both in terms of new product and services as well as new ways of delivering existing product and services in financial sector.
RBI Financial Stability Report
The Reserve Bank released the 29th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability.
NSE clarification regarding operational guidelines and SOP on Upstreaming of clients’ funds by Stock Brokers
The guidelines provides that principal amount of the FDR shall remain protected throughout the tenure, even after accounting for all possible pre- termination costs.
MCA Legal Training Program-Scheme for the engagement of undergraduate law students/fresh law graduates on pro-bono basis for assisting litigation work
The Scheme shall remain in force with effect from 25th June 2023 till further directions or modifications. All Law Schools/Colleges/Universities recognized by the Bar Council of lndia, shall be intimated regarding engagement of incumbent legal trainees on pro-bono basis. Resumes duly forwarded/attested/recommended by the office of Principal/Director-in -charge/Dean of the University/Law College/Law School should only be considered.
