“Notice: Paid Holiday Notification for Factories and Establishments in Andhra Pradesh”

In accordance with the authority vested in the Government of Andhra Pradesh and the provisions outlined in the Andhra Pradesh Factories and Establishments (National, Festival, and Other Holidays) Act, 1974, and the Andhra Pradesh Shops and Establishments Act, 1988, it is hereby proclaimed that a paid holiday shall be granted on the day of polling for both the Legislative Assembly of Andhra Pradesh, 2024, and the Lok Sabha, 2024, falling on May 13, 2024 (Monday).

Unveiling the Draft Regulations: A Comprehensive Overview

In accordance with relevant provisions of the Electricity Act, 2003, the Central Electricity Regulatory Commission (CERC) has initiated the drafting of the Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024.

Government of Rajasthan Announces Minimum Wage Revision

According to this notification, the variable dearness allowance is calculated based on the Consumer Price Index of Industrial Workers 2003 (1960–100) and adjusted annually. The recent adjustment, effective from October 1, 2023, to September 30, 2024, reflects an increase in the index by 300 points compared to the previous period.

Draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024

The Deviation Settlement Mechanism is a crucial component of the power market that addresses discrepancies between scheduled electricity generation and actual consumption. It ensures fair settlement for market participants who deviate from their scheduled power supply or demand. Stakeholders and interested parties can submit comments, suggestions, or objections on the draft regulations by May 24, 2024.

Who Let These 24 Breeds of Hounds Out?

The Department of Animal Husbandry and Dairying (DAHD) is inviting written comments and objections from the public regarding the prohibition on the import, breeding, and sale of 24 dog breeds. Written comments with scientific reasoning can be sent by registered post to Dr. O.P. Chauhdary, Joint Secretary, DAHD by June 1, 2024.

IFSCA Consultation Paper on proposed IFSCA (Listing) Regulations, 2024

The purpose of the proposed IFSCA (Listing) Regulations, 2024 (“Listing Regulations”) is to provide the revised regulatory framework for issue and listing of various financial products, including specified securities, debt securities and other financial products on the recognised stock exchanges in the international financial services centres (“IFSC”) in India.

IFSCA directions for bullion intermediaries

This move, detailed in the circular, aims to broaden the participation scope of IFSC entities and expand the pool of suppliers on the IIBX. Under this decision, entities registered with the IFSCA as bullion market intermediaries are automatically eligible to become Qualified Suppliers. However, other entities need to obtain a No Objection from the IFSCA.