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Govt to constitute high-level panel on banking soon: FM
Nirmala Sitharaman,Finance Minister "I propose setting up a 'High...
South Korean insurance majors eye Indian market
Samsung and Hyundai Marine & Fire are interested in potentially...
EPFO achieves a historic high of 21.6 million claim settlement as on March 6
At present, 96 per cent corrections are being done without any EPF office intervention, and over 99 per cent claims are received through online mode New Delhi: Retirement fund body EPFO settled a record number of 21.6 million claims through the autonomous process in...
Avoid calling customers repeatedly to submit KYC docs Malhotra
Other areas where the banks need to focus on from a customer service perspective are misselling, digital frauds, and aggressive recoveries practices, said RBI Governor Sanjay Malhotra Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday asked banks...
Dismantling DEI- Many businesses in Europe and Asia stand firm on diversity initiatives
US President Donald Trump In jurisdictions from the UK and the EU to Australia and Hong Kong — where inclusion measures have primarily focused on gender rather than race — companies are legally required to meet targets for board diversity, gender pay gaps, pay...
Optimism on financial performance declines; Industrial sector witnesses largest drop since Q3 2023, Dun & Bradstreet Survey
Arun Singh, global chief Economist, Dun & Bradstreet, said, "The Q1 2025 Composite CFO Optimism Index shows a stable yet cautious outlook. While overall financial optimism slightly dropped by 0.8%, shifts across sectors and economic scenarios are evident. Concerns...
GFIA urges Sithraman to reconsider rules imposing additional restrictions on insurers with foreign partners
Finance Minister Nirmala Sitharaman In the letter, GFIA noted that foreign insurers play a pivotal role in India’s insurance market since its liberalisation in 1999, with over two-thirds of Indian life and non-life insurers having foreign partners. However, several...
Parl panel recommends single independent drug controller for AYUSH
It recommended that the reach should cover 50 per cent of Indian states in the coming year and eventually all of the country in the near future to propagate the Ayush System for the prevention and treatment of common ailments New Delhi: A parliamentary committee has...
Digital competition law after due process Union Minister Harsh Malhotra
Speaking at the National Conference on Economics of Competition Law in the national capital, he also said the best practices with respect to digital markets in other jurisdictions like Japan, Australia, and Europe can be looked at and how they can fit into the Indian...
AI has potential to enable collusion; regulators need to adopt forward-looking approach: CCI chief
Ravneet Kaur, chairman, Competition Commission of India "Today's competitive landscape is defined by platform economies, network effects, and algorithm-driven decision-making," the CCI chief said and added that market power today is about data control, network...
At least 33 dead as tornadoes ravage central US
"Numerous significant tornadoes, some of which may be long-track and potentially violent, should continue into this evening," the National Weather Service said At least 33 people were killed and dozens more injured Saturday when tornadoes and violent storms raked...
FPIs withdraw Rs 30,000 crore from equities in first fortnight in March
With these, the total outflow by FPIs has reached Rs 1.42 lakh crore (USD 16.5 billion) in 2025 so far, data with the depositories showed "The recent decline in the dollar index will limit the fund flows to the US. However, the heightened uncertainty triggered by the...