Guidelines Financial News

NEW DELHI : In yet another reform measure, the Centre plans to ease penalties in mineral concessions for small and medium miners for a range of offences. The mines ministry has started consultations on amendments to the Mineral Conservation and Development (Amendment) Rules, 2021 and the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession (Fourth Amendment) Rules, 2021.

ANI reported. The order further read that individuals, groups or entities found to be in violation of this order shall be penalised in accordance with the relevant provisions of the law.

Aegis Logistics at Mahul and Sealord Containers Ltd at Ambapada located in Trombay area of Mumbai. The MPCB also forfeited the bank guarantee of ₹10 lakh of Aegis Logistics and ₹5 lakh of Sealord Containers, it said.

₹15 crore, and raise it to ₹25 crore by 31 March, 2026. According to Movin Jain, founder of Skydo, a cross-border payments company, the neworth criterion may burden some startups. “But I do feel that it is important because the RBI recognizes that unless you have strong financials, it is difficult to get assurance to consumers i.e.

systematic investment plan (SIP) method hold good for stock investments too? Undoubtedly, channelling your investments into stocks via the SIP route can effectively mitigate the risks associated with equity investments. The rationale behind this lies in SIPs enabling investors to acquire stocks at various price levels over a designated period, effectively smoothing out the overall investment cost.

The Centre on Thursday will launch a month-long nationwide campaign aimed at raising awareness on the use of digital life certificates among central government pensioners, according to an official statement issued on Wednesday.

Former competition watchdog chairman Graeme Samuel says the federal government needs to control prices charged by stevedores at the nation’s container ports after DP World increased container fees by as much as 52 per cent.

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Kamal Kishore Chatiwal, MD, Indraprastha Gas, says “On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.” To begin with, your volumes in Q2 have been around 8.3 MMS CMD, and your FY24 guidance was a little bit more. How are you seeing volumes picking up in the second half? Actually, the quarterly MMS CMD volume is around 8.3, as against 8.09 that we had done last year. In this quarter, there have been two major disruptions in the form of G20 as well as the floods in Delhi. So that has impacted around eight to nine days of sales. And the impact of that is around 0.12. So we are hopeful that we will end the year at 9 MMS CMD. Have volumes also picked up in the current quarter? On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.

Blockchain startup Cubist has publicly launched a new “wallet-as-a-service” (WaaS) product, seeking to tackle the wallet management challenges behind making account keys both readily available and secure.

Quant Mutual Fund announced the launch of the Quant Momentum Fund. The scheme opened for public subscription on October 30, 2023, and will close on November 13, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.

Kamala Harris is delivering this speech as an integral component of their broader strategy to impose limitations on emerging artificial intelligence tools. These tools are entering the market at a swift pace, frequently without substantial oversight from regulatory bodies. In London, Harris, alongside other international leaders, is attending the AI Security Summit hosted by UK Prime Minister Rishi Sunak at Bletchley Park.

Every month, on the first, new financial rules are announced which are to be followed. Hence, on November 1 also there are several guidelines which will come into effect. These guidelines may or may not be new or updated and they are applicable on a common person’s life. 

rising levels of pollution in Delhi and NCR regions, that begin with the change in season. From today, all buses that operate between Delhi and other cities/towns of Rajasthan, Haryana and Uttar Pradesh that fall in the NCR region, must either be an electric vehicle, CNG, or BS-VI diesel buses. The directive also mentioned that the buses that will ply between non-NCR areas of Rajasthan to Delhi should be EVs, CNG, or BS-VI diesel buses from January 1, 2024.

group of ministers (GoM) to look into the regulatory framework for the gaming industry and consider other issues impacting the sector. The GoM will likely include home minister Amit Shah, finance minister Nirmala Sitharaman, IT minister Ashwini Vaishnaw and information and broadcasting minister Anurag Thakur as members, ET has learnt.

Punjab National Bank (PNB), Union Bank of India and Central Bank of India are among those looking for consultants. Although banks have their internal cadres, some of these specialized roles require domain expertise that is not always readily available within the workforce. These roles include chief technology officer, chief financial officer, chief risk officer, chief digital officer, chief information security officer and chief economic adviser.

By Howard Levitt and Stephen Gillman

Andhra Pradesh that killed at least 14 people, the Railway Board has issued directions to all zones to conduct an intensive two-week safety dive from October 31. «Recent cases of SPADs (signal passed at danger) and accidents call for a resolve to strengthen alertness and enforcement of laid down practices and protocols in train operations,» the board said in a letter sent to the general managers of all railway zones on October 30.

American XL Bully to the list of dogs banned under Dangerous Dogs Act, making it illegal to breed or own it unless registered on a special list of dogs from January 31. As per the government's decision, breeding, selling, advertising, exchanging, gifting, rehoming, abandoning or allowing XL Bully dogs to stray in England and Wales from December 31. The government has also made it mandatory for owners to keep XL Bully dogs on a lead and muzzled when in public from December 31. Owners who wish to keep their dogs will need to register them by January end and comply with strict requirements.

artificial intelligence (AI) talent to the United States, an ‘Executive Order’ issued by US President Joe Biden seeks to use existing authorities to expand the ability of highly skilled immigrants and non-immigrants with AI expertise to study, stay, and work in the US by modernizing and streamlining visa criteria, interviews, and reviews. The executive order not only establishes new guidelines to protect the national security and privacy of its citizens but also seeks to balance the needs of technology companies by attracting talent from across the world.

fintech platforms. So, how can one determine if a fintech app is trustworthy and genuine? Experts say that it is vital to first do your own research, check the company’s past credentials, and examine the security measures it has deployed to ensure safety and security. “The apps need to be intuitive, clean and simple giving a seamless experience especially to first time users.