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Regulatory work relegated to background amid Covid-19

Applies to rinse-off cosmetics and other preparations

Resolution details the country's 2018 adoption of UN system

Intended for staff and external experts

MEE Order 12 comes into force 1 January 2021

Consumer products giant provides updates on 2020 chemicals goals

Pushes need for future cooperation agreements

Will go into force 1 November this year

The latest news and developments

By front-loading PM-Kisan, the Centre has transferred Rs 13,855 crore as the first instalment of Rs 2,000 to each of the 6.93 crore farmers as on Friday, the finance ministry tweeted.

In its status report submitted earlier, the Centre had said that all the steps were being taken for the welfare and benefit of migrant workers.

The letter has urged, mainly for wage subsidy to large employers, on the lines of the Netherlands and Australia .

Job guarantee programme (MGNREGA) works are allowed with strict implementation of social distancing and face mask.

At the same time, long term FPI investment limits in G-secs have been brought down to Rs 1.03 lakh crore from the prevailing limit of Rs 1.15 lakh crore  a reduction of almost $1.5 billion.

According to the June 7, 2019, circular of the RBI, banks had to make additional 20% provisioning for the cases where resolution could not be reached over a period of 210 days, after signing the inter-creditor agreement.

The measure has been taken by the RBI to meet sectoral credit needs at a time when the institutions are facing difficulty in tapping the market.

Prior to RBI’s announcement on Friday, three-month moratorium was limited to accounts whose installments were falling due after March 1, 2020.

With the increased WMA limit, state governments are expected to plan their market borrowings in a better way rather than bunch up their borrowings, leading to oversupply issues.

As for growth, the governor stuck to sharing the International Monetary Fund's (IMF) view on India's growth, offering no forecast from the central bank.

The stock of products with retailers currently is just about sufficient and distributors have been directed to supply them with quantities that will last for about four days or so.

The move comes after renewable companies made representations to the government to allow a blanket extension for six months to overcome supply-side disruptions in completing the projects.

Ginning units are not keen on buying cotton since most of the workers have left for their villages and they do not have the capital to buy cotton and other processing units are also shut.

The unprecedented situation created by Covid–19 pandemic and lockdown announced by both the Union and state governments from March 24 has led to severe disruptions affecting the economy and impacting people at large and the MSME spinning mills.

Now that the GOI has fixed the base price of sugar and most of the mills have set up distilleries too, to augment their business, the scenario has changed.

Since 2009-10, the SMP has been replaced with fair and remunerative price (FRP) and some states like Uttar Pradesh continue to announce state-advised prices which are higher than FRPs.

Pawar’s letter to Modi dated April 25 echoed similar demands raised by many states including Kerala and Punjab, and underlined the notion that cutting spending was hardly an option for states at this juncture.

The central government will likely ramp up market borrowing in the second half of this fiscal, but may be forced to stick to its target for the first half at the moment.

The Odisha government’s direct benefit transfer (DBT) scheme for farmers, Kalia, which was announced a few months before the Assembly elections last year, may be curtailed and subsumed in the PM-Kisan scheme run by the Centre.

The National Financial Reporting Authority (NFRA) has floated draft procedures for submission of audit logs to the regulator by audit companies and chartered accountants (CAs).

The revenue situation will only get worse next month as the lockdown in the whole of April would be reflected in collections in May, said Bihar Deputy CM Sushil Kumar Modi.

Indian manufacturing saw its worst contraction in April, as a nation-wide lock-down hit fresh orders and businesses cut staff at a record pace.

At least 13 states hike VAT on petrol/diesel since mid-March, many make liquor costlier with new imposts.

The section can attract a fine of Rs 1,000 or imprisonment up to six months.

The Tamil Nadu government has decided to hike prices of liquor by up to Rs 20, as it is readying itself to open liquor outlets on Thursday.

Following the devastating flood in 2018, the state had collected a flood cess which had fetched Rs 308.68 crore to the state exchequer.

Grappling with low revenues following the outbreak of Covid-19 and the subsequent lockdown, the UP government hiked the value added tax (VAT) on petrol and diesel and increased the excise duty on liquor.

The e-way bill generated on or before March 24 and expiring during the March 20-April 15 period would now be valid till May 31.

As the lockdown in China was lifted from the beginning of April 2020 onwards, spinners there have been scaling up operations.

Through key exhibitions and texts, Celant was an influential proponent of the work of young Italian artists in Turin, Milan, Genoa and Rome, working with natural materials and elements such as dirt, sticks or rags who were seeking to challenge the commercial art scene at the time

The New Yorker took the feature reporting prize for Ben Taub’s piece on a detainee at the U.S. military base at Guantanamo Bay, Cuba, with judges saying the story offered 'a nuanced perspective on America’s wider war on terror.'

Several of the works honored in the arts explored race in American culture, including the music winner, Anthony Davis’ opera The Central Park Five. It tells of the wrongful conviction of five black and Latino teenagers for the 1989 assault on a white female jogger in Central Park. Five adult singers depicted the group as boys and men in Davis’ opera

Born in Lowell, Massachusetts, on March 13, 1930, Elias was the youngest of 13 brothers and sisters whose parents had migrated to the U.S. from the region later called the Republic of Lebanon