Tag Archives: new rules

Indian Health Ministry Notifies Medical Devices Rules, 2017

The Ministry of Health and Family Welfare has notified Medical Devices Rules, 2017, framed in conformity with Global Harmonisation Task Force (GHTF) framework and conform to best international practices. Only 15 categories of medical devices are, at present, regulated as drugs and to that extent, the current regulatory practices in India were not fully geared to meet the requirements of ...

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Electricity Bills to Hit Roof Next Year in India

Households consuming more electricity in the range of 300 units and above will have to cough up more than Rs.500 to Rs.1,300 next year with the new emission norms coming into effect from Jan 2017. The Ministry of Environment & Forests has notified the new emission norms for thermal power projects to minimise emission of particulate matter, sulphur dioxide, oxides ...

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Indian Railways to Change Rules from July 1, Makes Them Rich-Friendly

rail budget 2016

Come July 1, the second half of the calendar year 2016, Indian Railways will offer few more facilities and abort some existing facilities as part of the government move to “befriend the rich travellers” at the expense of the hapless poor and the middle class. The tatkal reservation that gets no refund of money for cancellation of tickets will now ...

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Ola, Uber on License Roller Coaster Now in Karnataka

For cab aggregators Ola and Uber, the message has finally come from the state transport department which has implemented the Karnataka On-demand Transportation Technology Aggregator Rules 2016 that they would be off-roads unless they seek and get a license. The stat transport commissioner’s office on Saturday issued a statement that said: “Web-based aggregators had to obtain licences to operate cabs ...

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How Real Estate Bill Impacts Builders, Agents?

The much awaited the Real Estate (Regulation and Development) Bill, 2015 has been passed by the Rajya Sabha on March 10, 2016. The key points of the proposed bill which is going to benefit property buyers but impact consderably promoters, developers and real estate agents, are as follows: Ø      The Bill requires setting up a new regulator for the real ...

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Sports Ministry Announces New Selection Criteria for Global Events

India’s Ministry of Youth Affairs and Sports has formulated the selection criteria for sports teams in international sports events such as Olympic Games, Winter Olympics, Asian Games, Commonwealth Games, Asian Indoor Games, Asian Beach Games, Youth Olympics, Asian Youth Games, Commonwealth Youth Games, Paralympics and Para-Asian Games, among others. The performance of the sportspersons in the individual events during the ...

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Public Spitting Still Main Cause Spreading TB; Time to Spread Awareness?

While TB or tuberculosis is raising its ugly head again, more than its new drug-resistance character, the root-cause has come under focus. The public spitting, a habit indigenous to India since the ancient times, still persists, say authroties and doctors. One of the worst offenders of public spitting are drivers of vehicles and paan-chewing public and no matter what the ...

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President Promulgates Citizenship Ordinance, What it Means?

The President of India has promulgated the Citizenship (Amendment) Ordinance, 2015 on Monday with immediate effect coinciding with the Gujarat Pravasi Bhartiya Divas amending the Indian Citizen Act, 1955. Here is a gist of what it exactly means: • At present one year continuous stay in India is mandatory for Indian Citizenship which is relaxed stating that if the Central ...

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Canada Immigration: New ‘Express Entry’ to Ease Professionals’ Woes Now?

Canada has kicked off a new immigration system that will ease the entry of young migrants with high professional qualifications, replacing the failed temporary work permit or immigration system that was in effect throughout 2014. The “Express Entry” system was established on Jan 1, giving priority to those people who already have job offers in the country as a direct consequence ...

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SEBI revises insider trading norms for listed companies

The Indian stock market regulator Wednesday approved the new regulations governing insider trading which includes widening the term ‘insider’, strengthening the term ‘unpublished price sensitive information’, and prohibiting communication of unpublished data besides other aspects, the SEBI said. The market regulator also revised its share delisting regulations. In a statement issued here, the Securities and Exchange Board of India (SEBI) ...

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RBI tightens norms for NBFCs, Issues Revised Regulatory Framework

RBI has tightened norms for non-banking financial companies (NBFCs) raising the capital adequacy requirement and the net owned fund limit, among others, to mitigate possible risks in the NBFC/microfinance sector. With a view to streamline the regulations, the RBI also revoked temporary suspension on issuance of Certificate of Registration (CoR) to companies that want to conduct business of non-banking financial ...

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Harsh ATM Regime Begins, More than 5 Times Withdrawal Attracts Rs.20 Extra

Finally, banks have succeeded to get what they want, every 6th withdrawal and above will get them Rs.20 extra from the gullible ATM holders in 6 metros from Saturday, Nov. 1, 2014 onwards, thanks to the Reserve bank of India, which has relented to bankers’ lobby. All bank customers in six metros– Delhi, Mumbai, Chennai, Kolkata, Hyderabad and Bangalore– are ...

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Bigg Boss 8: First Elimination List Out, Includes Gautam, Sonali, Sukirti, Serbian Model Natasha

The Salman Khan-hosted ‘Bigg Boss 8’ came with its first nomination of elimination list that includes the four nominated person for eviction — Gautam Gulati, Sonali Raut, Sukirti Kandpal and Serbian model Natasa Stankovic. The show kicked off last weekend with the host Salman Khan promising more twists this season in the backdrop of an airoplane-shaped house where the contestants ...

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Home minister outlines new rules to monitor Delhi buses; Gang rape victim still suffers in hospital

As the nation is shocked and outraged by Sunday’s gang-rape of a para-medic trainee in a private bus in the capital, the government has hurriedly announced several measures, but the outcome remains distant to safeguard terrified women in New Delhi to take any vehicles. Home Minister Sushilkumar Shinde has outlined the following measures in Parliament on the Gang Rape incident ...

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