Reserve Bank of India and Bank of England sign a Memorandum of Understanding on cooperation and exchange of information related to Clearing Corporation of India Limited

This MoU confirms the interests of both the authorities in enhancing cooperation in line with their respective laws and regulations. It will also enable the BoE to assess the application of CCIL for recognition as a third country Central Counterparty (CCP) which is a pre-requisite for UK based banks to clear transactions through CCIL.

Van (Sanrakshan Evam Samvardhan) Rules, 2023

These rules seek to play a pivotal role in balancing development needs with environmental conservation imperatives. The rules specify a stringent process for handling incomplete or incorrect information, including the possibility of rejection if correct information is not provided within the specified period. The framework also emphasizes the importance of compensatory afforestation and compliance with relevant statutes.

BIS Revises Standards for Food Processing and Engineering of Pneumatic Tools and Machines

The Bureau of Indian Standards (BIS) has revised certain standards for Package Units, Coffee Seed Storage, Methods for Sensory Evaluation, Hygienic Conditions for Sugar Factories and Preferred Pressures for Pneumatic Tools and Machines. This notification was published on November 30, 2023. All of these standards have been established on November 21, 2023.

Tele-MANAS Cell Inaugurated at Armed Forces Medical College, Pune

The operational environment, cultural challenges, and specific stressors related to regional conflicts necessitate a specialized approach to mental health care services in the Armed Forces. In light of this, the Tele-MANAS Cell at the Armed Forces Medical College will address the psychological well-being of armed forces personnel and their families.