Amendments to Legal Metrology Packaged Commodities Rules, 2022 kick in; extends timeline to comply with new labelling requirements till 01.10.2022
The Ministry of Consumer Affairs, Food and Public Distribution has issued the Legal Metrology (Packaged Commodities) Amendment Rules, 2022 further to amend […]
Govt. rolls out Draft Medical Device Policy 2022; aims to put comprehensive measures in place to ensure sustained growth and development of the sector
The Ministry of Chemicals and Fertilizers has issued an approach paper on Draft Medical Device Policy 2022 for stakeholder consultation. The paper […]
RBI launches UPI for Feature Phones (UPI123pay) and 24×7 Helpline for Digital Payments (DigiSaathi) to accelerate the process of digital adoption in India, by creating a richer and inclusive ecosystem
In a Press Release dated 8th March, 2022 the Reserve Bank of India (“RBI”) has launched the following two key initiatives– […]
Govt. rolls out Draft Uniform Code for Medical Devices Marketing Practices ( a voluntary code for Indian Medical Device Industry); invites public comments within 15.04.2022
The Department of Pharmaceuticals (“Department”) has rolled out a Draft Uniform Code for Medical Devices Marketing Practices (“Draft Code”) seeking comments and […]
RBI rolls out framework for geo-tagging of payment system touch points; expected to enable proper monitoring of availability of payment acceptance infrastructure like Points of Sale (PoS) terminals, Quick Response (QR) codes, etc.
The Reserve Bank of India (“RBI”) has recently rolled out the Framework for Geo-tagging of Payment System Touch Points (“Framework”) to facilitate […]
Insurers may continue to classify investment in Preference and Equity shares as part of “Approved Investment” subject to such shares paying dividend for two out of three consecutive years; applicable from 1st April, 2022 to 30th September, 20
The Insurance Regulatory Development Authority of India (“IRDAI”) has extended the relaxation offered to insurance companies to continue classifying investments in ‘Preference […]
NSE and BSE directs its members to link Aadhar with Pan number by 31st March, 2022 ; PANs not seeded with Aadhar will be considered invalid from 01.04.2022
The National Stock Exchange and Bombay Stock Exchange have informed all its members to ensure that their existing and new clients comply […]
DoT commences registration of ‘Machine to Machine’ (M2M) service providers & WPAN / WLAN Connectivity Provider for M2M Services on the Saral Sanchar Portal
The Department of Telecommunications had recently issued Guidelines for Registration Process of M2M Service Providers (M2MSP) & WPAN/WLAN Connectivity Provider for M2M […]
CERC amends the Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006; consumers with communication network will now be supplied electricity with Smart meters in prepayment mode
The Central Electricity Regulatory Commission (“CERC”), has amended the Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 ( “Principal Regulation”). […]
SEBI does away with requirement for Top 500 listed entities to ensure Chairperson of their board is a non-executive director and not related to the MD/CEO; also revises Schedule on Corporate Governance
Further to the trail mail, the Securities and Exchange Board of India by way of a recent amendment to the Securities and […]
Insurers (Life, General and Health) directed to publish on their respective websites, the aspects of underwriting philosophy and approach of offering Health Insurance Coverage to Transgender persons
The Insurance Regulatory and Development Authority of India has directed all Insurers (except ECGC and AIC) to disclose underwriting philosophy of offering […]
Central Govt. extends timeline for submission of applications under the ‘PLI Scheme for Promotion of Domestic Manufacturing of Critical Key Starting Materials / Drug Intermediates and APIs’ till 31st March, 2022
The Ministry of Chemicals & Fertilizers has extended the timeline for submission of applications under the “Production Linked Incentive Scheme for Promotion […]