by AIP Online Bureau | Aug 17, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
This is for the first time, the government has advertised to hire a private sector professional as a joint secretary, Digital Economy, Fin Tech and Cyber Security along with another financial sector expert, who will also join as a joint secretary, Investment, for the...
by AIP Online Bureau | Aug 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation
In a consultation paper released on Friday, Sebi proposed that issuers, in addition to existing green debt securities, be allowed to raise funds through issuance of social bonds, sustainable bonds, and sustainability-linked bonds. These bonds will collectively be...
by AIP Online Bureau | Aug 17, 2024 | Health, Indian News, Policy, Wealth Management/ Philanthropy
Senior IT officials told that transactions over Rs 2 lakh in cash were required to be reported through a statement of financial transaction (SFT) by financial institutions but that was not happening. The department identified some of the businesses, such as hotels,...
by AIP Online Bureau | Aug 16, 2024 | Banking & Bancassurance, Health, Indian News, Pension & Social Security, Policy
Nagaraju Maddirala, Secretary-Designate, Department of Financial Services A few issues concerning the insurance industry, Maddirala will look into, with priority, soon after taking over as the secretary are- pending reforms measures which need amendments of various...
by AIP Online Bureau | Aug 16, 2024 | Health, Indian News, Workplace/Employee Benefits
Late on Thursday, the Indian Medical Association, the country’s largest grouping of medics, said it would implement a nationwide shutdown of most departments, except essential services, for 24 hours from Saturday morning, the largest such strike in at least a...