RBI announces Change of date of reversal for operations under LTRO and TLTRO
The dates of reversal of LTRO and TLTRO have been modified to March 08, 2023 (Wednesday) and April 10, 2023 (Monday) respectively.
NSE clarifies on the applicability of Surveillance Measures for Companies with High Encumbrance
From 8th March, 2023, on all open positions as on 6th March 2023 and new positions created from 8th March, 2023, the securities specified in Annexure I must satisfy the criteria for inclusion under Surveillance Measures and shall attract minimum 35% margin in equity and equity derivatives segment.
NSE notifies Measures for Companies with High Promoter and Non-Promoter Encumbrance
From 6th March, 2023, on all open positions as on 3rd March 2023 and new positions created from 6th March, 2023, the securities specified in Annexure I must satisfy the criteria for inclusion under Measures and shall attract minimum 75% margin in equity and equity derivatives segment.
Kerala labor department reschedules work timings considering summer heat
The Kerala labor department has rescheduled the working time for laborers. The work time will be eight hours from 7 am to 7 pm. The new timing for laborers working outside will be in effect from March 2 to April 30. The decision was taken to prevent sunstroke during summer. The businesses were asked to reschedule their timings so […]
New rate of exchange for conversion of foreign currencies into Indian currency or vice versa for import and export of goods
The revised rates shall have effect from 3rd March, 2023.
IFSCA Clarifications in relation to Family Investment Funds
A FIF shall not seek money from individuals or entities outside of the single family. However, a FIF may share economic interest with its employees, directors, FME or other persons providing services to the FIF, as per its internal policy to reward the persons providing services to the FIF or to align the interest of such persons with those of the FIF.
CBDT clarifications regarding Nature of IBBI
IBBI shall not engage in any commercial activity.
Clarification regarding the Financial Action Task Force (FATF) public document on ‘High-Risk Jurisdictions subject to a Call for Action’
s per the February 24, 2023 FATF public statement, South Africa and Nigeria have now been added to this list of Jurisdictions under Increased Monitoring while Cambodia and Morocco have been removed from this list based on review by the FATF.
The Rajasthan State PCB amends certain industries under its Categorisation System
Aluminium and copper extraction from scrap from oil fired furnace’ mentioned in the orange category is removed from the categorisation of industries and sorting of henna leaves, then separation of leaves, seeds and grass and packing of leaves has been added to the green category.
Delhi Pollution Control Committee prohibits Certain use of Plastic
From 31st December, 2022 carry bags made of virgin or recycled plastic should not be less than 120 microns in thickness. Additionally, Manufacturing, Import, Stoking, Distribution, Sale and Use of the specified 19 Single Use Plastic (SUP) commodities have also been prohibited from 1st July, 2022.
