Regulator

When fintechs need clarification regarding the guidelines or regulations for the segment they operate in, SRO can use the dialogue channel with RBI for clarifications on a regular and recurring basis

Aurobindo Pharma’s plant in Anakapalli classified as VAI by US FDA

The VAI status means that the US Food and Drug Administration will not take any regulatory action because the objectionable conditions if found are minor and may not qualify for any action.

Deadline for nominations in trading and demat accounts moved to September 30

Securities Exchange Board of India on 27 March announced an extension of the deadline for trading and demat account holders to make nominations or opt-out of a nomination, from March 31 to September 30.

ICAO says it doesn't audit airlines just days after SpiceJet claims of 'safe airline'

"As part of an ICAO Coordinated Validation Mission (ICVM), ICAO teams conduct industry visits to verify the effectiveness of the civil aviation authority’s safety oversight. This will include visits to multiple operators. ICAO wishes to clarify that visits to these operators are not an audit or inspection at all," the international organisation said in a statement.

U.S. bank regulator warns of crisis risk from fintech proliferation

"My strong sense is that this process, left to its own devices, is likely to accelerate and expand until there is a severe problem, or even a crisis," he told a New York conference.

IRDAI panel suggests 'micro insurance' modules for low-income groups, small businesses

The objective of MI is to empower people to cope with and recover from common risks such as death of the breadwinner, paying for treatment of serious illnesses, reconstructing destroyed homes and businesses

Former Sports Secretary Ravi Mittal to be new IBBI chief: Report

IAS Ravi Mittal will take over from MS Sahoo, who retired on September 30 after a five-year tenure.

SEBI says its Charter is empowering investors, shares initiatives to promote transparency in markets

The regulator has developed separate Investor Charters for investor-related activities of various intermediaries in consultation with the respective entities, which are published on their websites

COVID-19 didn’t hit Railways business hard, more orders expected: Texmaco Rail deputy MD Ashish Gupta

There will be a lot more opportunities to produce rolling stock, both coaches and locomotives, with the entry of private players in the market, Gupta says.

E-commerce sector may soon get an independent regulator, much like Sebi

The aim of the regulator will be to ensure level playing field and see to it that the sector remains competitive and new entrants are not restricted.

Opinion | Time is ripe for an e-commerce regulator in India

Both Amazon and Walmart-owned Flipkart are non-Indian and could be categorised as foreign players, answerable primarily to their global shareholders. This structure leads to the potential risk of these companies viewing India purely as a market and ‘investment-on-demand’ basis

Indian Capital market is well placed to weather COVID storm; here's why

The current COVID-19 induced situation facing the global economy is a black swan event with dislocation across the globe at a scale never seen before.

SEBI issues reminder after FPIs found short-selling stocks: Report

SLB mechanism, introduced about a decade ago, had permitted FPIs to sell borrowed shares.

SEBI bars Karvy Stock Broking from taking new clients

The exchange's preliminary report is the result of the limited purpose inspection of KSBL conducted by it on August 19, covering a period from January 1 onwards

SEBI board meet: Here's all you need to know

The regulator plans to reduce the notice period under Regulation 42 of the Listing Obligations and Disclosure Requirements (LODR) from seven working days to three.

TRAI wants to be apex authority on data in India, MeitY disinterested

As of now, TRAI doesn’t have the power to impose penalties or the geographical spread for the bill.

RERA a ‘paper tiger’ due to lack of enforcement of orders, allege homebuyers

Homebuyers have asked the ministry to convene regular interactions between state governments, regulatory authorities and central advisory council members for “timely, effective and coordinated implementation of RERA”

UP RERA planning to rate real estate developers, projects

The purpose of grading both buyers and projects is that over a period, it creates a track record for builders

Real estate regulator for Delhi and Chandigarh appointed

Vijay S Madan, a former director general in the Unique Identification Authority of India (UIDAI, has been appointed as the chairperson of the Delhi Real Estate Regulatory Authority for a term of five years.

Opinion | Why the draft e-commerce policy is unlikely to change the marketplace

As long as price is paramount in a market like India, the measures announced by the government in the draft policy are unlikely to work

Opinion | Why India's regulatory organisations need to be strengthened further

Unless regulatory organisations are strengthened, the executive will continue to seek preferential treatment for organisations it owns.

Penalties for unused mining capacity, unsold stock on govt’s radar to contain iron ore prices

A new policy in the works to increase supply and availability of iron ore, which will eventually help lower ore prices for steel makers

Should heads of government development bodies become RERA regulators?

It is one of the fundamental principles of justice that no person should judge a matter in which he / she is involved.

Ahead of IPO, NSE would do well to resolve algo trading controversy

With India's leading stock exchange getting ready for an initial public offering of shares, the algorithmic trading controversy may cast dark clouds as the matter still needs a closure.

Funds transferred from PF to NPS not taxable: PFRDA

Regulator PFRDA today said funds transferred from provident fund account to National Pension System (NPS) account will not attract any tax.