With a view of upholding transparency and fairness in the lending operation of Regulated entities, On 29th April 2024, RBI issued a circular regarding the Fair Practices Code for Lenders – Charging of Interest. The circular is effective with an immediate effect. Who is included in the definition of Regulated Entities (RE(s))? Non-Banking Financial Companies […]

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Introduction   On 11th March 2024, Monday, the Karnataka government banned the use of Rhodamine-B, a food colouring additive found in popular foods such as Gobi Manchurian and cotton candy.   Rhodamine-B is a chemical colouring agent that is said to be used in the dyeing of clothing, paper, leather, printing, and plastics. It is […]

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