ESIC issues Notice of Not of Standard Quality for specified batch of Vildagliptin Tablet lP 50mg

Employees’ State Insurance Corporation (ESIC) has issued a notice of Not of Standard Quality (NSQ) for the drug Vildagliptin Tablet lP 50mg having batch number VLD09H22. all concerned stakeholders are directed to stop use of the batch of the above item immediately. Further action as per clause for “Testing of Drugs-Quality Control” of Terms & Conditions of DG ESIC RC should be initiated. Replacement of supplies or cost of the material is to be recovered along with the testing charges (if any) from the firm. Additionally, any action taken is to be maintained in respective user unit.

NPPA further extends last date for filing statutory forms under DPCO, 2013

It may be recalled that NPPA had previously already issued an extension for the filing of these statutory forms under DPCO, 2013 on 30th December, 2022. Through the present OM, on the request of some of the pharmaceutical associations, the NPPA has further extended the last date for filing these statutory forms. The Authority emphasises that no further extension in time beyond 31st March, 2023 will be granted.

Ministry of Steel organises Chintan Shivir on raw material issues and contribution in the circular economy

The Union Minister of Steel and Civil Aviation urged the stakeholders in the steel sector to adapt new ideas, innovations, and new technologies to fast track the steel sector. He also stressed on the need for Reverse logistics in steel sector. Additionally, he also emphasised on the need to identify pathways of generation and recovery of scrap, both in the organised and unorganised sectors and formulate policies and structures to enhance the intensity of circularity in the country.

Draft Guidelines on Minimum Capital Requirements for Market Risk

The new norms clearly draw a boundary between the banking book and the trading book and list out the instruments that can be included in the trading book, which are subject to market risk capital requirements; and those to be included in the banking book which is subject to credit risk capital requirements.