Clarification on Cardiothoracic Surgery Qualifications
Holders of both, DNB (Cardiothoracic Surgery) and DrNB (Cardio Vascular & Thoracic Surgery), are trained and qualified surgeons. Both qualifications encompass all aspects of the sub-specialty as per the curriculum prescribed, including vascular surgery.
The Master Direction – Reserve Bank of India (Asset Reconstruction Companies) Directions, 2024
The provisions of these Directions shall apply to every asset reconstruction company (ARC) registered with the Reserve Bank under Section 3 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
RBI Reviews Requirement of Counter-Cyclical Capital Buffer
The framework envisages credit-to-GDP gap as the main indicator, which may be used in conjunction with other supplementary indicators. Based on review and empirical analysis of CCyB indicators, it has been decided that it is not necessary to activate CCyB at this point in time.
International Financial Services Centres Authority (Payment Services) Regulations, 2024
Any person seeking to provide Payment Services in or from IFSC shall require certificate of authorisation under these regulations. An applicant making an application for authorisation shall be required to be incorporated as a Company with its registered office in IFSC
FSSAI Updates List of Recognized Laboratories For Food Testing
FSSAI has published a comprehensive directory of laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for food sample analysis. It includes all FSSAI recognized laboratories along with the validity of their accreditation as of April 23, 2024.
SOPs for 100% Dust Grade Tea Auctions Published
The Tea Board of India has released Standard Operating Procedures (SOPs) for the mandatory sale of 100% dust grade tea through public auctions. The SOP document outlines guidelines for the dust grade tea auction system. It aims to address issues raised by industry stakeholders during earlier discussions.
India and UK Strengthen Cooperation on Nuclear Safety
The Atomic Energy Regulatory Board (AERB) of India and the Office for Nuclear Regulation (ONR) of the United Kingdom have signed a bilateral arrangement to enhance cooperation in the field of nuclear safety. This agreement was signed on January 23, 2024 and February 20, 2024 through postal exchanges.
Oil Industry Development Board Staff Provident Fund (Amendment) Rules, 2024
There’s now a limit on the total amount an employee can contribute to their provident fund in a financial year. This limit likely aligns with the threshold specified in the Income Tax Rules, 1962, for tax benefits on employee contributions.
Power Generators To Sell Surplus Electricity in Market
The Ministry has observed that some power generators are not offering surplus power (beyond their contracted commitments) in the market. This leads to unused capacity at the national level, potentially impacting grid efficiency. Hence, the Ministry has clarified that generators, including those with long-term FSAs, can sell surplus power in the market as per the Electricity Act and related regulations.
CDSCO Seeks Public Input on Subject Expert Committee Meetings
SEC meetings involve discussions on various aspects of drug development and regulation. The CDSCO aims to improve SEC meetings to better align with stakeholder expectations. Hence, a meeting will be held on April 26, 2024 from 5pm to 6pm.