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Among the drugs whose maximum price limit is imposed by the NPPA is Tacrolimus.
The government is apparently studying legalities to transfer the unclaimed fund to its own accounts which, it can, then return to investors who come up with proof of their investments
The target appears feasible after it achieved the Rs 60,000 crore mark in the first seven months
India has been trying to promote rupee trade following the Russia-Ukraine war and the sanctions imposed by the West
The indication from economists comes against the backdrop of retail inflation crawling below the 5% level (4.87%) in October 2023
Speaking at an event organised by industry body FICCI, Sebi chairperson Madhabi Puri Buch said the Sebi management will also table changes on insider trading norms before the board either in December 2023 or January 2024.
"In India, the momentum of the change in GDP is sequentially expected to be higher in Q3, 2023-24, with festival demand remaining ebullient," the article authored by a team lead by RBI Deputy Governor Michael Debabrata Patra said.
The fine has been imposed for non-compliance with certain directions issued by the RBI on KYC, 'Loans and Advances – Statutory and Other Restrictions' inter alias.
The risk weightage on retail loans advanced by NBFCs have been increased from 100% to 125%.