Exercising powers under Sections 10 and 37 of the Food Safety and Standards Act, 2006, FSSAI amended its 2017 notification to appoint a new Food Safety Officer for North Central Railway.
The Finance Ministry has permitted Aadhaar-based authentication for accessing credit information reports, subject to user consent and availability of alternative ID options.
The 2026 amendment replaces internationally accepted valuation standards with standards notified by the Board through circular. It strengthens regulatory control over valuation in personal guarantor bankruptcy cases.
The 2026 amendment revises the definition of “fair value” to include all assets and underlying synergies and requires appointment of two sets of registered valuers. It introduces a structured mechanism for computing fair and liquidation values.
The IBBI has inserted an explanation in Regulation 3 requiring registered valuers to prepare reports and maintain documentation as per a format notified by the Board. The amendment takes effect from publication in the Official Gazette.
The amendment replaces earlier valuation rule references with standards notified by the regulator through circulars. It centralizes control over valuation in liquidation proceedings.
The 2026 amendment revises the definition of fair value to include tangible, intangible assets and underlying synergies, and mandates a structured multi-valuer mechanism. It also prescribes clearer timelines and introduces safeguards where valuation estimates differ significantly.
The Directorate General of Foreign Trade has extended the last date for filing TRQ applications for FY 2026-27 to 15.03.2026. The extension applies to quotas under key FTAs including Sri Lanka, Mercosur, Mauritius, Nepal, and UAE agreements.
DGFT has laid down detailed procedures for applying and allocating wheat export authorizations under the 25 LMT quota. Applications must be filed online within a specified monthly window and meet eligibility criteria.
The government has notified procedures for export authorization of an additional 5 LMT of wheat flour under HS Code 1101. Applications must be filed online within a fixed window and will be allocated by a Special EFC based on eligibility and export performance.
