MoHFW notifies The Cosmetic Rules, 2020.

The Central Licensing Authority may, on being satisfied, grant import registration certificate in Form COS- 2 or may reject such application for which reasons shall be recorded in writing within a period of six months from the date of application and it shall remain valid in perpetuity.

RBI announces opening of Second Cohort under the Regulatory Sandbox.

To encourage innovation and broad base the eligibility criteria, the enabling framework has been modified by reducing net worth requirement from the existing ₹25 lakh to ₹10 lakh, as also including Partnership firms and Limited Liability Partnership (LLPs) to participate in the RS.