The Government of India has reviewed the extant FDI policy on Petroleum & Natural Gas sector and has made the following amendment in the Consolidated FDI Policy Circular of 2020, as amended from time to time (FDI Policy):
The proposed IFSCA (Capital Market Intermediaries) Regulations, 2021 (Intermediaries Regulations) inter alia provide for regulatory requirements in respect of registration, obligations and responsibilities, inspection and enforcement of various types of capital market intermediaries such as broker dealers, clearing members, depository participants, investment bankers, portfolio managers, investment advisers, custodians, credit rating agencies, debenture trustees and account aggregators.
Name of ‘Jammu Branch of NIRC of ICAI’ has been changed and the same shall now be known as ‘Jammu and Kashmir Branch of NIRC of ICAI’. The jurisdiction of Jammu and Kashmir Branch shall now cover all members and students within the jurisdiction of Union Territory of Jammu and Kashmir. THE INSTITUTE OF CHARTERED […]
(1) This Act may be called the Coconut Development Board (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
General Insurance Business (Nationalisation) Amendment Bill, 2021 is introduced in Lok Sabha on 30th July 2021. General Insurance Business (Nationalisation) Amendment Bill, 2021, inter alia, provides for the following:— (i) to omit the proviso to section 10B of the Act so as to remove the requirement that the Central Government holds not less than fifty-one […]
In Re Ripu Sudan Kundra, Shilpa Shetty & Viaan Industries in the matter of Viaan Industries Limited (SEBI) FACTS OF THE CASE 1. Securities and Exchange Board of India (hereinafter referred to as ‘SEBI’) had conducted an investigation into the trading/dealings in the scrip of Viaan Industries Limited (formerly known as Hindustan Safety Glass Industries […]
All applicant exporters seeking export authorization for SCOMET items are advised to apply online by navigating to the DGFT website (https://www.dgft.gov.in) -> Services -> Export Management Systems ->SCOMET.
Direct access for non-banks to CPS lowers the overall risk in the payments ecosystem. It also brings advantages to non-banks like reduction in cost of payments, minimising dependence on banks, reducing the time taken for completing payments, eliminating the uncertainty in finality of the payments as the settlement is carried out in central bank money, etc.
RBI had earlier announced construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) with March 2018 as base to capture the extent of digitisation of payments across the country.
The new ANF proforma, namely ANF 20(d) will facilitate the trade and industry to file application for revalidation of SCOMET export authorisation. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 17/2015-20 New Delhi, Dated the 27th July , 2021 Subject:- Introduction of […]
