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Govt to seek bids for its $7.1 billion majority stake in IDBI Bank
The federal government and state-owned Life Insurance Corp of India...
Russia’s Rosatom delivers nuclear fuel To Kudankulam plant in Tamil Nadu
These shipments are provided under a contract signed in 2024, which...
Africa public health body declares mpox emergency
The Africa Centres for Disease Control and Prevention (Africa CDC) warned last week that the viral infection's rate of spread was alarming. It said that over 15,000 mpox cases and 461 deaths were reported on the continent this year so far, representing a 160% increase...
DICGC made interim payments of Rs 5,359 crore to 3.77 lakh depositors as of March 31: RBI Dy Governor
Michael Debabrata Patra,Deputy Governor,RBI Currently, the deposit insurance coverage limit (Rs 5,00,000 or approximately USD 6,000), fully protects 97.8 per cent of deposit accounts and 43.1 per cent of deposit value in India. Jaipur: India’s Deposit Insurance and...
Axis Bank-Max Life deal: Delhi HC rejects Subramanian Swamy’s PIL
On Monday, the high court bench led by Acting Chief Justice Manmohan and Justice Tushar Rao Gedela declined to admit the PIL In February, Swamy filed an PIL before the Delhi High Court seeking a comprehensive probe into the alleged fraud in Axis Bank involving undue...
GST Council meet on Sept 9, to decide on removing or reducing 18% GST on retail Health Insurance
Union Finance Minister Nirmala Sitharaman The issue of removal of 18 per cent GST can be decided by the GST Council. Several suggestions have come up and I shall take up with the GST Council,” Nirmala Sitharaman had said during her reply to the amendments of Finance...
Govt issues guidelines for ‘Model Solar Village’ under PM-Surya Ghar: Muft Bijli Yojana
The Government of India approved the PM-Surya Ghar: Muft Bijli Yojana on 29th February 2024, with the aim to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore...
India’s population expected to reach 152.2 cr, sex ratio can increase from 943 in 2011 to 952 by 2036
By 2036, population of India is expected to reach 152.2 crore, with a slightly improved female percentage of 48.8% as compared to 48.5 percent in 2011. The proportion of individuals under 15 years is projected to decrease from 2011 to 2036, likely due to declining...
SC concerned over non-implementation of central law on health care professions
The NCAHP Act provides for "regulation and maintenance of standards of education and services by allied and health care professionals, assessment of institutions, maintenance of a Central Register and State Register" of allied health care professions in the country...
Sovereign Green Bonds trading at IFSC to commence in 2nd half of this fiscal: RBI Governor
Shaktikanta Das, Governor,Reserve Bank of India Reserve Bank Governor Shaktikanta Das further said, one major announcement in this year's budget about developing a climate taxonomy "I think that will have a significant long-term impact on mobilisation of funds for the...
SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management
Neiphiu Rio,Chief Minister, Nagaland Nagaland Chief Minister Neiphiu Rio said his government and SBI General Insurance inked an MoU on for Disaster Risk Transfer Parametric Insurance Solution (DRTPS), making Nagaland the first state in the country to implement a...
Financial strain of disability in India high, insurance aims to bridge gap
According to experts, close to 5 to 7 lakh people in the country suffer from temporary or permanent disability each year due to the high rates of accidents and crippling diseases and lose their ability to work and earn a livelihood New Delhi: A staggering number of...