Regulatory Orders News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For RBI-regulated entities, though - and, in this instance, for banks subject to orders under Section 35A of the BR Act - legal options are limited to the reconsideration framework set out in the Act. The affected party goes back to RBI seeking a review of its decision. But this is neither bound by set processes nor timelines. The only alternate remedy is filing a writ petition before a high court or Supreme Court.

The Mumbai traffic police have issued regulatory and prohibitory orders for areas and roads surrounding Juhu Beach. These orders will be enforced from 2 pm on December 31 until 8 am on January 1. The authorities have taken this step to avoid traffic snarls and ensure the safety of residents and visitors enjoying the New Year celebrations near Juhu Beach. The regulatory and prohibitory orders will help in maintaining order and discipline on the roads during this festive period.

Asim Ayaz, General Manager Policy at Pakistan’s Engineering Development Board (EDB), said on Saturday that quotas...

Says move will undermine negotiations with EU for GSP Plus scheme

A business-friendly tax policy with the certainty of punishment can bring traders into the fold of tax contributors