In the new study, teams from the universities of Geneva, New York,...
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Sebi plans to introduce same day trade settlement by March 2024
Madhabi Puri Buch ,Chairperson,Sebi Amid concerns in some quarters...
China ministry seeks more fever clinics to combat respiratory illness surge
The spike become a global issue last week when the World Health...
Budget-2020:FM unveils disinvestment plans for LIC
On the the IPO size and timeline for the LIC disinvestment plans, Rajeev kumar, finance secretary cum secretary department of financial services(DFS) said the detaisl are being worked out.
“It will be finalised in the next fiscal.The required measures and the processes,including the consultations with the Law ministry,for the disinvestment of LIC, have already been initiated” said Kumar.
For every rupee in govt kitty, 64 paise come from taxes
3 PSU general insurers to receive Rs 6,950 cr capital
According to the budget papers, a sum of Rs 6,950 crore has been allocated towards recapitalisation of the government-owned general insurers – the National Insurance Company Ltd, the Oriental Insurance Company Ltd and the United India Insurance Company Ltd – so that they can maintain the required solvency ratio.
New I-T regime to curb investments, will impact market negatively: Experts
It can be noted that household savings have been steeply declining over the years. According to government data household savings have dropped to 17.2 per cent of GDP in FY18 from 23.6 per cent in FY12.
Budget 2020: FDI in India rises to $284 billion during 2014-19, says FM
Sectors which attract maximum foreign inflows include services, computer software and hardware, telecommunications, automobile and trading.
Singapore continued to be the largest source of FDI in India during the first half of the financial year with USD 8 billion investments. It was followed by Mauritius, the US, the Netherlands, and Japan
Budget 2020:Deposit insurance cover hiked to Rs 5 lakh, New income tax slab for FY 2020-21
New Delhi: Finance Minister Nirmala Sitharaman, who has presented her second Union Budget in Parliament today, has hiked insurance cover on deposists by Deposit Insurance and Credit Guarantee Corporation (DICGC) to Rs 500,000 lakh from Rs 100,000. ...
Swadeshi Jagran Manch asks PM’s to stall mergers of 3 PSU general insurers
Among other issues, SJM in its letter to PM has argued that the merger of public sector insurance companies is likely to endanger growth of insurance sector in the country in general and would hamper the successful implementation of socially important flagship insurance schemes like like Pradhan Mantri Fasal Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Aarogya Yojana,
“There will be a post-Brexit trade deal between India and the UK”
“We’ve identified a number of areas where the UK and India can work more closely together in innovative financial services- cyber, green and fintech.In fact, our ties are already strong in these areas, and many firms from the UK are already based here. Vice versa many Indian firms are in the UK. After all London’s expertise perfectly matches India’s fast growing market”
India forecasts faster economic growth, warns of fiscal challenge
“Going forward, considering the urgent priority of the government to revive growth in the economy, the fiscal deficit target may have to be relaxed for the current year,” Krishnamurthy Subramanian, chief economic adviser to the finance ministry, said in the report.
1.5 lakh Ayushman Bharat Health & Wellness Centres to be set up by 2022: Survey
“The focus of healthcare is on four important pillars – preventive healthcare, providing affordable healthcare, building medical infrastructure and mission mode interventions for maternal health, child health and to combat communicable and non-communicable diseases…,” it added.