Mumbai : A Special National Standards Conclave was organized by the Department of Commerce, Ministry of Commerce and Industry, Government of India on February 8-9 in Mumbai, in association with the Bureau of Indian Standards (BIS), Confederation of Indian Industry (CII), Export Inspection Council (EIC), Centre for Research in International Trade (CRIT) and National Accreditation Board for Certification Bodies (NABCB). Commerce Secretary, Shri Anup Wadhawan inaugurated the conclave. 

Mumbai : As per press release from the Reserve Bank of India (RBI), it has imposed, by orders dated February 04, 2019, monetary penalty for non-compliance with various directions issued by RBI on Know Your Customer (KYC) norms / Anti-Money Laundering (AML) standards, more specifically those contained in circulars dated November 29, 2004 and May 22, 2008, on three banks as indicated below:

Name of the bank and Amount of penalty  (in ₹ Million)
1. HDFC Bank Limited - 02
2. IDBI Bank Limited - 02
3. Kotak Mahindra Bank Limited - 02

Mumbai : As per press release from The Reserve Bank of India (RBI), it has imposed, by orders dated January 31, 2019, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, classification and reporting of frauds, and on restructuring of accounts, on four banks as detailed below:

Name of the bank and Amount of penalty (in ₹ Million)
1. Allahabad Bank  - 15
2. Andhra Bank  - 10
3. Bank of Maharashtra - 15
4. Indian Overseas Bank - 15

New Delhi : The President of India, Shri Ram Nath Kovind, received the first copy of the book “Law, Justice and Judicial Power – Justice PN Bhagwati’s Approach” from Chief Justice of India, Shri Justice Ranjan Gogoi, who formally released it at a function held in New Delhi today (February 8, 2019).

New Delhi : The Union Cabinet has approved the proposal of Ministry of Information and Broadcasting for introducing the Cinematograph Amendment Bill, 2019 to amend to the Cinematograph Act, 1952. The Bill aims to tackle Films piracy by including the penal provisions for unauthorized camcording and duplication of films.

Details:

In order to tackle the menace of film piracy, the Amendments provide for:

Insertion of new Section 6AA for prohibition of unauthorized recording
The following section shall be inserted after Section 6A of the Cinematograph Act, 1952.