``The United States has more than 40 fellow actuaries per million...
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UIB partners with CyberCube to accelerate its growth across LATAM and Asia
Dimaggio Rigby, Head of Cyber at UIB, added,“The cyber landscape is...
Various Govt social security schemes enhance confidence among citizens, says PM Modi
``India is going through a period of rapid economic growth and...
Over 1.5 lakh startups recognised by government till October
Under the Startup India initiative, the Government is implementing three flagship Schemes, namely, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) to support startups at various stages of their...
LS passes Banking Laws (Amendment) Bill allowing 4 nominees in bank accounts
Today, PSU banks have Rs 2.37 lakh crore deposited in the PM Jan Dhan Accounts. In 2014, the average balance of the PM Jan Dhan Accounts was Rs 1,065. It has now increased to Rs 4,397. The Banking Laws (Amendment) Bill, 2024, proposes to allow a bank account holder to...
Govt blocked 1 700 Skype IDs and 59 000 Whatsapp accounts used for digital arrest fraud says minister
Union Minister of State for Home Affairs Bandi Sanjay Kumar also stated that the ‘Citizen Financial Cyber Fraud Reporting and Management System,’ launched under I4C in 2021, enables immediate reporting of financial frauds to prevent the siphoning off of funds by...
Insurers seek zero-coupon bonds to manage long-term risks
Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...
Vanuatu urges World Court to recognise climate change harms
Vanuatu, one of the small island states that has spearheaded the effort to get the World Court to give a so-called advisory opinion, was the first of more than 100 states and international organisations to give its views during two weeks of proceedings THE HAGUE:...
EPFO invests Rs 34,208 cr in ETFs during Apr-Oct
The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
Private equity exposure with insurers can be risky for , financial markets, BOE says
Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...
No conclusive data to establish direct correlation of disease exclusively due to air pollution: Govt
Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, MoS for Health Prataprao Jadhav...
Panel comprising RBI academia preparing new base year for GDP
The government has decided to update the base year for compilation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, said the Minister of State for Statistics & Programme Implementation Rao Indjerjit Singh in a written reply to Rajya Sabha New Delhi: A...
Sebi cracks down on finfluencers ‘Baap of Charts’ among 7 banned for up to 1 year
The recommendations were given in the garb of providing educational training related to the securities market, according to Sebi New Delhi,: Intensifying its crackdown on finfluencers, markets regulator Sebi on Monday restrained seven entities, including Mohd...