PFRDA issues circular to PoP and CRAs to host information of applicable charges etc. for APY subscribers on their websites; also allows PoP to choose CRAs
In a recent circular issued by Pension Fund Regulatory and Development Authority (“PFRDA”) to Central Recordkeeping Agencies (“CRAs”) and Point of Presence […]
MEITY publishes revised Advisory on deployment of AI models by intermediaries; dispenses with requirement to obtain prior government approval and submission of action taken-cum status report
The Ministry of Electronics and Information Technology (“MEITY”) has released an Advisory on deployment of Artificial Intelligence models by intermediaries, re-iterating the […]
Heavy Industries Ministry notifies phased implementation dates for products covered under the Electrical Equipment (Quality Control) Order, 2020
The Ministry of Heavy Industries has notified the Electrical Equipment (Quality Control) Second Amendment Order, 2024. The changes in the final Notification […]
Andhra Pradesh notifies new Regulation to simplify the process of granting open access to renewable energy generator and consumers
The Government of Andhra Pradesh has notified the Andhra Pradesh Electricity Regulatory Commission (Green Energy Open Access, Charges, and Banking) Regulation, 2024 […]
NPCI mandates for Standardization of UPI Transaction ID Technical Specifications
The National Payments Corporation of India (“NPCI”) has issued a Circular mandating technical specifications for transaction IDs of UPIs. To standardize this, […]
RBI invites comments on regulations of Payment Aggregators by 31st May, 2024
Reserve Bank of India (“RBI”) has invited comments on the following drafts on regulation of Payment Aggregators (“PAs”): New draft directions on […]
FSSAI clarifies list of documents for proof of premises to be enclosed while applying for new licenses through FoSCoS
The Food Safety and Standards Authority of India (“FSSAI”) has in an advisory clarified the list of documents to be enclosed for […]
FSSAI re-iterates requirement for e-commerce food aggregators to obtain nutritional information from Food Business Operators and display on their platforms
In view of representations regarding mis-interpretation of ‘Display of Information’ by Licensing Authorities, leading to suspension of license in some cases, the […]
RBI notifies mode of payment and reporting requirement for subscription of equity shares of Indian companies listed on International exchange
Reserve Bank of India (RBI) has issued Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2024 to […]
DPIIT notifies the Copper Products (Quality Control) Order, 2024 in supersession of existing quality control regime; effective immediately
Department for Promotion of Industry and Internal Trade (“DPIIT”) has notified the Copper Products (Quality Control) Order, 2024 (“Order”) in supersession of […]
NPCI revises Retrieval Reference Number in UPI to avoid duplicates; PSPs and Banks to implement revised RRN and remove validation of ‘YDDD’ by 31st May, 2024.
The National Payments Corporation of India (“NPCI”) has issued an addendum to a previously issued circular for revision of Retrieval Reference Number […]
Public comments invited till 25th April, 2024 on draft of revised guidance for industry to align with the New Drugs and Clinical Trials (NDCT) Rules, 2019 and Sugam application process (Version 1.2)
With a view to align the submission procedure of clinical trial application (as prescribed under the New Drugs and Clinical Trial Rules, […]