FIDC to oversee NBFCs as ‘self-regulatory body’

MUMBAI: RBI has recognised the Finance Industry Development Council (FIDC) as the official self-regulatory organisation (SRO) for NBFCs, aiming to tighten compliance, foster innovation, and boost sector development. The decision follows the June 19, 2024 press release inviting applications and the March 21 omnibus framework for SRO recognition. RBI received three applications, of which two…

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Alberta teachers’ strike: Why Danielle Smith’s push to bring them back to work could shake Canada’s labour unions

Protesters hold placards expressing their opinion during the demonstration. (Getty Images) Alberta’s teacher strike could end this week — not by a deal, but by decree. On Monday, Premier Danielle Smith is poised to table emergency back-to-work legislation (Back to School Act) that would compel thousands of teachers to return to classrooms. The Globe and…

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Delhi, Noida and Ghaziabad close physical classes for Nursery to Class V amid hazardous AQI

NCR pollution forces Delhi, Noida and Ghaziabad schools to shift Nursery to V online As air quality across the National Capital Region deteriorated into the severe category, authorities in Delhi, Noida and Ghaziabad ordered a shift to online education for younger students, citing health risks linked to prolonged exposure to pollution. The move affects lakhs…

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