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Parl panel recommends single independent drug controller for AYUSH
It recommended that the reach should cover 50 per cent of Indian...
Digital competition law after due process Union Minister Harsh Malhotra
Speaking at the National Conference on Economics of Competition Law...
RBI imposes Rs 36 lakh fine on Central Bank of India for violating customer protection norms
It revealed non-compliance with the relevant directions to the extent the bank failed to credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer's account within 10 working days from the date of notification by the...
EU reaches landmark deal on hate speech, disinformation
The EU's new rules, which are designed to protect internet users and their "fundamental rights online," should make tech companies more accountable for content created by users and amplified by their platforms' algorithms The European Union reached a landmark deal...
U.K. sets gender, ethnicity targets for executives, boards
“As investors pay increasing attention to diversity at the top of the companies they invest in, enhancing transparency at board and executive management level will help hold companies to account and drive further progress,” said Sarah Pritchard, executive director of...
Money Management: Embracing savings apps as inflation hits household finances
Rising outgoings appear to be driving thousands of people to try money management apps for the first time. The digitization of banking services and the easing of regulations have helped spark a boom in fintech (financial technology) worldwide, with users from Brazil...
E-cigs using synthetic nicotine come under FDA oversight
Under a law taking effect Thursday, the Food and Drug Administration can regulate e-cigarettes and similar products that use synthetic nicotine. The action targets Puff Bar and several other vaping companies that recently switched their formulas to laboratory-made...
China warns of NFT-related financial risks
Although NFTs could contribute to China's digital economy, they could also lead to speculative trading, money laundering, and illegal financing, said the trio, who also issued a joint ban on cryptocurrency trading last year NFTs must not be used in the issuance of...
India’s crypto exchanges block deposits via state-backed system, stir alarm
No official data is available on the size of the Indian crypto market, but industry estimates suggest investors number from 15 million to 20 million, with total holdings of about 400 billion Indian rupees ($5.25 billion) Mumbai: Big Indian crypto exchanges CoinSwitch...
Structural safety certificate from project engineer must be made mandatory for buildings, says advisory panel
During the third meeting of the Central Advisory Council (CAC), constituted under the Real Estate (Regulation and Development) Act, 2016, called as RERA , measures to ensure structural safety in high-rise buildings and prevent loss of life as well as property, besides...
RBI to unveil regulations on climate risk and sustainable finance for banking industry
Some regulatory initiatives in the area of climate risk and sustainable finance would also help the REs to better handle climate risk and guide them in the transition period The RBI is planning to set up a committee to examine and review the state of customer service...
IRDAI to scrap licensing renewals for insurance brokers and other intermediaries: chairman Panda
Debasish Panda, chairman,IRDAI ``We have decided to dispense with renewal of registration for insurance intermediaries and allow their licenses in perpetuity,'' said Debasish Panda, newly appointed chairman of IRDAI while addressing a press conference in Mumbai...