Guidelines Financial News

Subscribe to enjoy similar stories. Mumbai: The Reserve Bank of India’s (RBI) push for stricter compliance with know-your-customer (KYC) norms, and its crackdown against the ‘exuberance’ in personal loans have had an unlikely fallout: a dip in demand for off-roll workers. These are employees who work for banks and non-bank lenders but are on the payrolls of large staffing companies that supply such workers.

The Biden administration has released guidelines for using artificial intelligence in the power grid, water system, air travel network and other pieces of critical infrastructure

The Department of Telecommunications (DoT), which is due to publish the rules soon after having sought views from multiple stakeholders end-August, might also build a regulatory framework that overlaps with the Ministry of Electronics and IT (MeitY's) existing cybersecurity regulations, creating room for multiple interpretations and potential complications. Hence, telecom operators have approached the DoT regarding some problematic areas, including the scope of the rules and stringent conditions that essentially increase their compliance liabilities. «The rules make telcos responsible for any misuse of telecom resources by consumers. If some user commits a crime, why should the company be penalised?» asked a senior telco executive, requesting not to be named.

«Under the existing guidelines of SDRF/ NDRF, there is no provision to declare any calamity as 'National Disaster',» Minister of State for Home Affairs Nityanand Rai said in a letter dated November 10. SDRF and NDRF refers to State Disaster Response Fund and National Disaster Response Fund, respectively.

Graded Response Action Plan (GRAP) will be enforced starting at 8 AM on November 15. The decision, announced by the Commission for Air Quality Management (CAQM) on Thursday, comes as the city continues to face deteriorating air quality, with the pollution levels crossing into the «severe» category.

Logistics aggregator Shiprocket and air cargo handling company Cargo Service Centre (CSC) have been selected by the government on a pilot basis to set up ecommerce export hubs in the country, a senior official said on Thursday. The ecommerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year, Director General of Foreign Trade Santosh Kumar Sarangi told reporters here. While Shiprocket is headquartered in Gurugram, the CSC is Mumbai-based.

Uttar Pradesh government, which has been receiving flak from various quarters over «bulldozer action», Wednesday hailed the verdict. The Yogi Adityanath-led govt on the matter said it will help curb organised crime and instil a fear of legal consequences among criminals. The opposition parties hoped that with this verdict, the «bulldozer terror» and «jungle raj» in the state would end. Previously, the Supreme Court laid down pan-India guidelines over the demolition issue and said no property should be demolished without a prior show cause notice and the affected must be given 15 days to respond.

The decision of the companies will depend on final guidelines, or standard operating procedures, of the policy that the government is expected to announce in the next three to four months, the people said. The Scheme to Promote Manufacturing of Electric Passenger Cars in India was unveiled in March, this year.

Subscribe to enjoy similar stories. New Delhi: IAS coaching institutes will face closure and licence cancellation if found violating new guidelines on misleading ads released on Wednesday. The Guidelines for Prevention of Misleading Advertisement in Coaching Sector, 2024, hold coaching centres accountable for false claims regarding course duration, which may mislead students into believing they can complete a programme within an unrealistically short timeframe.

Subscribe to enjoy similar stories. Five years ago, Estonia’s ministry of justice assigned chief data officer Ott Velsberg to develop an artificial intelligence (AI)-powered “robot judge" to address a backlog of small claims while ensuring that human judges could review and revise the AI judge's decisions. Complex cases in Estonia, though, continue to be tackled by human lawyers and judges.

COP29 climate summit have managed to secure a win with an agreement on the rules for a United Nations-administered global carbon market — a move that can unlock billions for emission reduction projects in developing countries. COP29 president Mukhtar Babayev gavelled the session that approved the standards to enable the private sector and countries to trade carbon credits at the opening plenary dominated by long, gruelling backroom negotiations on the agenda of the summit after it resumed late night on Monday. «By matching buyers and sellers efficiently, such markets could reduce the cost of implementing NDCs by $250 billion a year,» Babayev said. «In a world where every dollar counts, that is essential.»

Subscribe to enjoy similar stories. The regulatory clampdown on unsecured personal loans has given a fillip to loans against the yellow metal, with gold loans soaring in the last few months. Rising gold prices on the back of escalating global conflict and uncertainty have also aided demand for gold loans, as customers reassess the value of their collateral and seek more credit against it.

Subscribe to enjoy similar stories. For more women, working out while pregnant now just feels like working out. Fitness for them no longer means quiet breathwork while sitting on a medicine ball.

UPI 123Pay is a Suite of solutions developed for Non Smart phone, feature phone users to use the UPI without internet connectivity. There are no charges for transactions under UPI 123PAY.

Subscribe to enjoy similar stories. Negative marketing on social media through paid posts is on the rise as many small- and mid-sized startups seek to put down rivals, industry experts said. Such marketing can be of various types, although campaigns orchestrated through paid social media posts are most common, several marketing executives told Mint.

polluter pays principle is a widely accepted tenet within broader guidelines for sustainable development. This was reaffirmed by the Supreme Court on Monday when it ordered Agra Nagar Nigam to pay environmental compensation of ₹58.39 cr for polluting the Yamuna with untreated sewage. This isn't the first time a polluter or local government body has faced scrutiny. The National Green Tribunal's (NGT) docket is filled with such cases.

What is the passing criteria of AP TET 2024?The criteria for considering pass in APTET-JULY-2024 are as follows: OC- 60 percent marks and above, BC: 50 percent marks and above, SC/ ST/ Differently abled (PH) & Ex-servicemen: 40 percent marks and above.Catch all LIVE Updates on AP TET Results 2024 hereThe AP TET results are likely to be declared today, the official time of the result declaration is not known. Step 1: Go to the official website at aptet.apcfss.inStep 2: Select the ‘AP TET exam’ results on the home pageStep 3: Enter the login credentialsStep 4: Your AP TET Results 2024 will appear on the screenStep 5: Save and download for future use.The official information bulletin stated, “The Marks Memo/Certificate of APTET–2024 shall be made available on APTET website only.

Kim Kardashian has reportedly deleted his YouTube channel after posting two recent memes that heavily criticized US Vice President Kamala Harris, reported Independent. Saint West is an eight year old who has a YouTube channel named @TheGoatSaint which was eventually taken down following the controversial posts regarding Kamal Harris. According to Independent, the controversial post on Saint West’s YouTube channel included one meme which depicted an angry figure looking at the sole of his shoe with the photo of Kamala Harris on it and another one featuring a GIF from ‘Saved by the Bell’ while labelling her as dumb, stupid, crazy and dangerous. Also Read:Bizarre new find: Scientists say Uranus' moon could be home to aliens

Subscribe to enjoy similar stories. As HDB Financial Services Ltd prepares for a nearly $1.5 billion initial public offering of shares, two key factors could potentially impact its valuation: a recent proposal to regulate banks’ group businesses and HDB’s rising bad loans. HDB Financial Services said in its draft red herring prospectus, or its IPO filing, that its parent, HDFC Bank Ltd, may have to reduce its stake in the company to below 20% if the Reserve Bank of India implements its draft proposal in the current form.

Lok Sabha Secretariat announced on Thursday that the Joint Committee on the Waqf (Amendment) Bill, 2024, will conduct a study tour across five Indian cities. The committee will visit Guwahati, Bhubaneswar, Kolkata, Patna, and Lucknow from November 9 to November 14, as part of its examination of the Waqf (Amendment) Bill, 2024. According to an official communication from Joint Secretary JM Baisakh, the study visit program is designed to assist committee members in their review of the proposed bill.

In a recent move to tighten regulations in the mutual fund industry, the Securities and Exchange Board of India (Sebi) has issued a consultation paper proposing stricter guidelines for deploying funds collected through new fund offers (NFOs) by asset management companies (AMCs).