-PTI/ Financial Express As per the directions, the bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, incur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, including a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
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FSSAI tightens norms for global firms bringing food products into India
-The Hindu Business Line Registration with regulator a must; may inspect units Meenakshi Verma Ambwani To ensure the import of safe food products, the FSSAI has notified a new regulatory framework for foreign facilities that bring food items to India. Under the Regulations, foreign food manufacturing facilities that make products in certain categories for export to India will need to register with the Food Safety and Standards Authority of India and may also...
More »Oil and Natural Gas Extraction is not ‘Mining’, Says Wildlife Conservation Panel -Ayaskant Das
-Newsclick.in The move, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests, will potentially benefit corporate bigwigs in the oil and natural gas sector. New Delhi: A wildlife conservation body under the Narendra Modi government has exempted oil and natural gas extraction from the definition of ‘mining’ activity, paving the way for rampant hydrocarbon exploitation in and around some of the densest forests of India which...
More »Easy Guide to Make Patients Aware of Their Rights -Richa Chintan
-Newsclick.in The book is a useful resource for patients, caregivers, activists and medical professionals in ensuring that patients’ rights are established and enforced as human rights. The right to health is not justiciable in India though the Supreme Court has interpreted it to be a part of Article 21 (protection of life and personal liberty). The apex court’s judgements and the legal provisions in Drugs and Cosmetic Act, 1940, Consumer Protection Act 1986,...
More »Why PM-CARES Is a 'Government Fund' and Well Within RTI Purview -Gaurav Vivek Bhatnagar
-TheWire.in The Union government submitted before Delhi high court that PM CARES Fund is “not a fund of Government of India and the amount does not go in the Consolidated Fund of India”. While there is enough information already in the public domain to assert that PM-CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situation Fund) is controlled by the Government of India, the Union government still wants to maintain...
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