regulatory compliance

Mumbai, February 24 – Maharashtra Chief Minister Devendra Fadnavis on Tuesday took a firm stand against the misuse of orchestra bar licenses to operate illegal dance bars, stating that the government will propose a provision to permanently cancel the licenses of such bars, which, despite earlier...

Mumbai, February 24 Maharashtra Chief Minister Devendra Fadnavis said on Tuesday that licenses for orchestra bars will be cancelled if rules are repeatedly violated, and a legal amendment to this effect will be brought soon.The state had enacted a law to ban dance bars, but it was overturned...

Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...

New Delhi, February 23 Global tech giants Meta Platforms Inc. and WhatsApp told the Supreme Court on Monday that they would comply with the NCLAT's directions to extend the Competition Commission of India's (CCI) guidelines on privacy and consent to data related to advertising.A bench of Chief...

Stating that the country is on track to become the world's third-largest economy, SEBI Chairman Mr. Tuhin Kanta Pandey said this growth will also lead to an increase in the number of affluent investors. Reaffirming that the Portfolio Management Services (PMS) industry is well-positioned to meet...

Mumbai, February 23 The Central Drugs Standard Control Organisation (CDSO) has conducted an audit of almost 90 per cent of cough syrup manufacturers in the country, and it hopes to eliminate the "problem" in cough syrup by the next season, a top official said on Monday.Speaking at the 11th...

Chandigarh, February 22 The Haryana government has de-empaneled IDFC First Bank and AU Small Finance Bank for government business with immediate effect, according to an official circular.No government funds will be parked, deposited, invested, or transacted through these institutions, it said...

Pune, February 22 – The preliminary report on the Learjet 45 plane crash in Baramati, in which NCP leader Ajit Pawar and four others died, will be released on or before February 28, Union Minister of State for Civil Aviation Murlidhar Mohol said on Sunday.Speaking to reporters at an event...

New Delhi, February 21 IndiGo has appointed Captain Rohit Rikhye as the new Head of Operations Control Centre (OCC), replacing Jason Herter. This marks the first major reorganization in IndiGo's senior management following the significant operational disruptions in December last year.In...

New Delhi, February 19 "Do you realize the damage this has caused to the country's image?" the Supreme Court asked a pharmaceutical company on Thursday, in connection with allegations that its cough syrups caused the deaths of more than 18 children in Uzbekistan.A bench comprising Chief...

REASI, FEBRUARY 18: Deputy Commissioner Nidhi Malik chaired a District-Level Committee meeting to review Change of Land Use (CLU) cases.Out of the 13 cases discussed, one was approved, two were kept pending for further clarification from the Divisional Officer of the Jammu and Kashmir...

Mumbai, February 18 The Reserve Bank said on Wednesday that a Unique Transaction Identifier (UTI) will become mandatory for all direct private trades in rupee interest rate and foreign currency derivatives from January 1, 2027.The UTI has been conceived as one of the key data elements...

New Delhi, February 18 Techno-legal safeguards should be directly embedded into artificial intelligence (AI) technology systems at the design and development stages, said Ajay Kumar Sood, Principal Scientific Advisor to the Government of India, on Wednesday.According to Sood, such embedded...

New Delhi, February 18 The National Green Tribunal (NGT) has sought a response from the Municipal Corporation of Delhi and the Delhi Pollution Control Committee (DPCC) regarding a petition alleging inaction by the authorities regarding encroachment on a water body in Savitri Nagar here.An NGT...

New Delhi, February 18 The Delhi Police has registered a case against the instant delivery app, Blinkit, for allegedly selling illegal knives, an official said on Wednesday.The police recovered 50 knives that were available for sale on the platform, which violated government notifications...

New Delhi, February 17 The Public Works Department (PWD) issued a stern warning to its officials on Tuesday, directing them to strictly adhere to prescribed norms before undertaking demolition works.The department emphasized that before initiating any demolition, officials must ensure that a...

New Delhi, February 16 The Enforcement Directorate (ED) said on Monday that it has imposed a ₹184 crore penalty under the FEMA against the news portal NewsClick and its founder and editor-in-chief, Prabir Purkayastha, who came under the scrutiny of the investigating agencies on allegations of...

New Delhi, February 16 – An adjudicating authority under the Foreign Exchange Management Act, 1999 (FEMA) imposed a penalty of ₹184 crore on controversial journalist and production company owner Prabir Purkayastha and his firm for violating FDI norms and illegal foreign inward remittances, an ED...

The Central Consumer Protection Authority (CCPA) has taken strict action against e-commerce entities for selling toys that violate the Mandatory Toys (Quality Control) Order, 2020 and the Bureau of Indian Standards (BIS) standards.In this regard, the CCPA has imposed a penalty of five lakh...

New Delhi, February 15 Pharmaceutical firm Adven Biotech has claimed to be the first homeopathy brand in the country to receive certification from the National Accreditation Board for Testing and Calibration Laboratories (NABL), further strengthening India's efforts to achieve global-quality...