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FDA Accepts Xanomeline-Trospium Drug Application for Schizophrenia Treatment

The FDA will decide on the approval of xanomeline-trospium, a dual M1/M4 muscarinic acetylcholine receptor agonist in the central nervous system, for the treatment of schizophrenia patients by September 2024. ....

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RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth, ET Auto

RBI loan ban: The Reserve Bank of India (RBI) has implemented stringent measures impacting banks and non-bank financial institutions to address burgeoning consumer credit risks. Fitch Ratings highlighted these changes as a credit-positive step. Concerns arose due to the surge in unsecured credit card and personal loan growth, prompting regulatory action. ....

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financial system stability: RBI's move on unsecured consumer credit to constrain loan growth in the segment: Report

The Reserve Bank of India s recent decision to allocate more capital against unsecured consumer credit will constrain loan growth in the segment, according to a report by Fitch Ratings. The tightening is seen as a credit-positive effort to control emergent systemic risks posed by consumer credit. ....

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air pollution: Bombay High Court reduces time for bursting firecrackers during Diwali to two hours

The Bombay High Court has ordered that firecrackers can be burst only between 8 pm and 10 pm during Diwali in view of the air pollution situation. There is a reduction of one hour as in the earlier order, it was announced by the court that people in the city have time from 7pm to 10 pm to burst crackers. ....

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