The Bill introduces an elaborate framework on duties and...
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SEBI announces major market reforms; slashes mutual fund and brokerage costs
A major reform announced by the Board relates to mutual fund...
Capital infusion has helped 3 PSU general insurance cos to improve their business performance, says Sitharaman
``The capital infusion was meant to build their business and...
Environmental activist ClientEarth sues Germany over pesticides use
The group said in a statement Germany was not complying with the 2009 Sustainable Use of Pesticides Directive. The EU law should have been in force across the 27-member by 2011, but the reality has been patchy implementation, the group said Environmental activist...
AB PM-JAY: World’s largest government-funded health insurance scheme in six years of launch
J.P. NaddaUnion Health Minister Ayushman Bharat has become a lifeline today, with more than 60,000 patients getting free treatments daily and crores of families getting 'insulated' from exorbitant medical expenses New Delhi: Ayushman Bharat has become a lifeline...
ICAI opposes proposed changes by NFRA in auditor responsibility for firms
The NFRA’s proposed change stems from the alleged audit failures at companies like Reliance Capital Ltd., Coffee Day Global Ltd., Dewan Housing and Finance Ltd. and IL&FS Group where a “mechanical reliance was placed by the principal auditor on the work of the...
EY-employee’s death: Experts say ‘compassion’ can reduce such incidents; demand specific policy
Stress cannot be avoided but it can be managed. In the corporate world stress is a part of our life…We need to understand how to react to that…We are the solution makers itself…" Associate Consultant at Tata Consultancy Services (TCS), Nikhil Badgujar said Pune: As...
NHRC issues notice to Labour Ministry EY-employee’s death
The National Human Rights Commission has also appointed a ‘Special Monitor’ to look into various practices and work environment leading to violations of human rights in business. The Commission has specifically constituted a ‘Core Group on Business and Human Rights’...
Nadda slams Punjab Govt for mismanagement of Ayushman Bharat payments, Punjab accuses Centre of discrimination
The Private Hospital and Nursing Home Association (PHANA) in Punjab has stopped cashless treatment under the government's health insurance schemes, including the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) New Delhi: The ruling AAP in Punjab Saturday...
New Global Climate ‘Loss and Damage’ Fund names first director
Ibrahima Cheikh Diong,director-designate,The Fund for Responding to Loss and Damage This is a key step towards responding to loss and damage by bringing finance to millions of people in developing countries on the frontlines of climate change WASHINGTON: The board of...
GoM on GST rate rationalisation to meet on Sep 25 to discuss slab, rate tweaks
During the August meeting, the panel had tasked the fitment committee comprising tax officers from the Centre and states to analyse the implication of tax rate change on some items and gather more data New Delhi: The ministerial panel on GST rate rationalisation will...
Total AUM for Indian gold ETFs climbs to Rs 374 billion by the end of August
Total assets under management (AUM) for Indian gold ETFs climbed to Rs 374 billion (~USD 4.4 billion) by the end of August, marking an 8 percent month-on-month increase and a 54 percent year-on-year rise. So far in 2024, net inflows into Indian gold ETFs have reached...
Luxury carmakers Mercedes, Audi see record sales in festive season
This year, the luxury car industry in India will surpass 2018 volumes and reach the 46,000-47,000 unit mark. Delhi and Mumbai continued to lead the demand for our products in the festive season. We also continue to witness good demand from Hyderabad, Kolkata, Chennai,...