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Govt announces Rs 500 crore RELIEF measures to support exporters amid West Asia conflict
Rajesh Agrawal,Commerce Secretary The scheme focuses on mitigating...
West Asia Crisis:Govt considers setting up of a Rs 1000 crore Marine Reinsurance Pool and Indian P&I Club as insurance premiums rise for ships
Rajesh Kumar Sinha,Special Secretary, Shipping Ministry Speaking...
Aim to open 20,000 Jan Aushadhi centers by the end of 2025: Union Health Minister JP Nadda
`The Jan Aushadhi Kendras, which provide quality medicines at affordable prices, have witnessed a 200 times surge in sales, enabling citizens to save Rs 30,000 crore in the last 10 years, the Union government said on Saturday New Delhi: Union Health Minister JP Nadda...
Compensate construction workers affected by Grap even if no court order: SC
The bench said, "As far as 2024 and 2025 are concerned we have issued directions to the state to pay compensation. We make it clear that hereafter whenever the construction activities are required to be closed due to implementation of Grap measures, compensation shall...
Indian entities may lose Rs 20,000 cr to cyber crimes in 2025: CloudSEK Report
"The biggest revelation from our research is the sheer scale of financial losses of over Rs 20,000 crore due to cybercrime, of which Rs 9,000 crore is due to brand name abuse alone. The fact that brand abuse is implicated in nearly one-third of all cybercrime...
India’s declining household savings amid reduced FDI is big concern: Report
A major reason for this decline mentioned by the report is the drop in household financial savings, which fell from 10.1 per cent of GDP in FY00 (Year 2000) to just 5 per cent in FY23. At the same time, financial liabilities have risen sharply from 2 per cent to 5.8...
Maruti domestic PV sales marginally up; Hyundai, Tata report decline in Feb
"MPVs and SUVs continue to be the primary growth drivers, contributing 68 per cent to overall sales," Toyota Kirloskar Motor Vice President, Sales-Service-Used Car Business Varinder Wadhwa said New Delhi: Leading passenger vehicle maker Maruti Suzuki on Saturday...
From April 1, no sale of petrol to vehicles older than 15 years: Delhi Minister Sirsa
Addressing media persons after a meeting, Delhi Forest and Environment Minister Manjinder Singh Sirsa ,said, “Special gadgets are being installed at petrol pumps to identify vehicles older than 15 years so that they are not sold fuel.” New Delhi: Delhi Forest and...
EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
The retirement body had paid 50.8 million claims worth Rs 2.05 lakh crore in 2024-25, up from 44.5 million claims totaling Rs1.82 lakh crore in the previous year. The 8.25 per cent interest rate in 2023-24 was based on EPFO’s record investment income of Rs 1.07 lakh...
IRDAI issues norms allowing insurers to use derivatives for hedging their equity portfolios
In line with these guidelines, insurers will be able to buy hedges in stock & index futures and options against their holding in equities subject to the exposure and position limits. The equity derivatives shall be used only for hedging purpose. Any OverThe...
Govt appoints Fin Secy Tuhin K Pandey as new Sebi chief for 3 yrs
Tuhin Kanta Pandey, Chairman, Sebi IRDAI chief Debasish Panda will also complete his three-year tenure on Mar 14 and it is yet to be know whether the government will extend his tenure at the Indian insurance regulatory body New Delhi: The government on Thursday...
Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts
While an investigating agency was fully empowered to conduct an investigation and recommend freezing of the entire account to the bank, the court pointed out, when resorted to such a measure, it must assign reasons. When it comes to small-time vendors, the action...