Lto R- Narendra Kumar Bharindwal, president, IBAI,Nirmala...
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Gold still our favourite long-term commodity; forecasts USD 4300 by Dec 2026: Goldman Sachs
Speculative positioning explains only a modest part of the latest...
India to introduce RBI-backed digital currency: Piyush Goyal
"We have not been encouraging cryptocurrency, which does not have...
Indian insurance industry receives Rs 54,000 crore FDI since December 2014: DFS Secy Joshi
Financial Services Secretary Vivek Joshi said that the Assets Under Management (AUM) nearly tripled to Rs 60.04 lakh crore as on March 31, 2023 as compared to Rs 21.07 lakh crore in 2013-14, while total insurance premium recorded more than two-fold jump to Rs 10.4...
“Government in process of creating dedicated deeptech startup policy,” says DPIIT Secretary RK Singh
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry Emphasizing the importance of government support for startups, Singh highlighted that beyond funding, startups require orders from the government to kickstart their journey effectively. He...
Water crisis in India’s silicon valley presents pressing challenge, say industry players
"Companies have started giving work from home, as employees refuse to come to office citing water shortage. This is of course impacting operations because there is a whole new setup that needs to be done to cater to the sudden shift," co-founder and CEO of Kuku FM,...
FPIs injects over Rs 40,000 cr in Indian equities on strong economic growth
The inflows came following a modest investment of Rs 1,539 crore in February and an outflow of Rs 25,743 crore in January, data with the depositories snowed New Delhi: FPIs came back strongly to invest in the Indian equity markets, buying shares worth Rs 40,710 crore...
Centre seeks more time to frame policy on online sale of medicines, Delhi HC grants ‘last opportunity’
The high court, which was hearing several petitions seeking a ban on the "illegal" sale of drugs online and challenging the draft rules published by the ministry to further amend the Drugs and Cosmetics Rules, listed the matter for further hearing on July 8 New Delhi:...
India’s economic boom feels like 2003-07: Morgan Stanley
The current cycle is driven by investment outperforming consumption, public capex leading initially but private capex rapidly catching up, the urban consumer leading consumption followed by catch-up in rural demand, market share in global exports rising and macro...
India’s universal health insurance plan achievable, says Devi Shetty
Devi Prasad Shetty, Founder and Chairman of Narayana Health This universal insurance program, according to Devi Shetty hasn't happened because of an inherent trust deficit between stakeholders -- insurance companies, hospitals, and patients New Delhi:India is poised...
Banks asked to check mis-selling of insurance products, safeguard account holders’ interest: DFS Secy
Vivek Joshi ,Financial Services Secretary Banks have been sensitised on the matter, as the Department of Financial Services (DFS) regularly gets complaints that fraudulent and unethical practices are being adopted by banks and life insurance companies for procuring...
Election Commission to use two laws counter-narrative to curb misinformation during Lok Sabha polls
"Tackling misinformation in today's digital age is complex. We have put certain measures in place to ensure misinformation is nipped in the bud. We will be proactive in debunking fake news. Originators of fake news will be dealt with severely as per extant laws,"...
Bankers in India to get higher salary increases than Singapore, Hong Kong
Investment bankers can already earn more in India’s major urban centers such as Mumbai and GIFT city, the nation’s free market zone, than in Singapore and Hong Kong. The average base salary is 4.5 per cent higher than in Hong Kong and 7.7 per cent more than in...