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BHOPAL: After the death of 23 children in Madhya Pradesh, including 20 from Chhindwara, following the consumption of Coldrif, a cough syrup laced with the killer chemical diethylene glycol (DEG), Drugs Controller General of India (DCGI) Friday made it mandatory to test for both DEG and ethylene glycol (EG) in all raw materials and finished…
NEW DELHI: The Supreme Court on Wednesday dismissed the central government’s plea seeking victim- and society-centric guidelines for award of sentences, particularly death sentences, in place of the present system which is accused-centric and takes into consideration various mitigating factors relating to convicts.The central government also sought a directive for the introduction of a timeframe…
Mumbai: RBI has unveiled draft norms to improve banks’ management of credit risk and classification of bad loans. The changes are expected to ease capital requirements for segments like MSMEs, real estate and credit cards. The new proposal also shifts banks from recognising default losses after they occur to an ‘expected credit loss’ framework, requiring…
NEW DELHI: Amid the controversy over deaths of children in parts of Madhya Pradesh, allegedly due to consumption of sub-standard cough syrup, Union health secretary Punya Salila Srivastava on Sunday asked states/UTs to ensure strict compliance with Revised Schedule M – updated Good Manufacturing Practices (GMP) — by all drug manufacturers.Srivastava, at a meeting with…
AI 171 crashed shortly after take-off from Ahmedabad on June 12 (ANI) NEW DELHI: The Aircraft Accident Investigation Bureau (AAIB) has declined a request from the pilots’ body ALPA India to include its representative in the team probing the June 12 Air India crash that killed 260 people.Also Read: Pilots’ body seeks judicial probe into…
MUMBAI: RBI has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks.Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting to bureaus to weekly from monthly…
MUMBAI: The Reserve Bank of India (RBI) has set about easing lending norms while tightening its financial oversight. Its latest rules promise cheaper and more flexible loans for borrowers, wider access to credit against gold, and easier capital-raising avenues for banks. Draft proposals, meanwhile, would extend repayment terms, sharpen exposure limits and quicken credit reporting—measures…
Indian Railways has revised its standard conditions of contract for tenders, introducing localisation and price variation clauses while emphasizing maintenance during contract execution, officials said. The changes aim to make procurement more flexible and reduce litigation.“Contractors can replace faulty or rejected goods within 60 days of being informed of defects. They had just 21 days…
The Reserve Bank of India (RBI) has unveiled changes to strengthen the security of digital transactions, making two-factor authentication mandatory across the country’s payment ecosystem. The new framework, issued under the Reserve Bank of India (Authentication Mechanisms for Digital Payment Transactions) Directions, 2025, will come into effect from April 1, 2026.“All payment system providers and…
NEW DELHI: The Election Commission on Wednesday issued new guidelines regarding the design and printing of EVM ballot papers to enhance “clarity” for the voters in the upcoming Bihar assembly election.According to the poll body, the EVM ballots will now include colour photographs of candidates which will occupy three-fourths of the photo space for better…
