`Post the expiry of tax holiday period, the business income shall...
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Budget-26-27:FM proposes Rs 10,000 cr SME fund in Budget
For equity support, "I propose to introduce a dedicated ₹10,000...
Budget-26-27:Sitharaman proposes Infra Risk Guarantee Fund to strengthen pvt developers’ risk management
"To strengthen the confidence of private developers regarding risks...
Nirmala Sitharaman retains Finance Ministry portfolio in Modi’s third term
Nirmala Sitharaman, Union Finance Minister Sithraman, who will be presenting the full Budget for FY 24-25 in July, is expected to introduce bills soon for amendments to the Insurance Act, 1938, and the IRDAI Act to allow composite licensing for insurers New Delhi:...
Retail car sales drop in May as elections, weather delay purchases in May 2024, says FADA
Sales of passenger vehicles – hatches, sedans and SUVs – by manufacturers to dealers have risen to record high levels over the last two years in India and are estimated to hit new all-time highs in the financial year 2025 as well BENGALURU: Retail sales of cars in...
Equity mutual fund inflow swells to Rs 34,697 cr in May; SIP at new high of Rs 20,904 cr
Overall, the mutual fund industry has witnessed an inflow of Rs 1.1 lakh crore in the month under review as compared to Rs 2.4 lakh crore in April. The inflow was due to investment in equity as well as debt schemes. With these inflows, the industry's net assets under...
AM Best revises outlook for global reinsurance industry to positive
"Demand for coverage remains strong due to heightened natural catastrophe loss activity and general economic uncertainty," said Carlos Wong-Fupuy, senior director, AM Best OLDWICK, N.J: International rating agency AM Best has revised its market segment outlook for the...
FIIs sell Rs 14,794 crore of equities in the markets
According to the NSDL (National Securities Depository Limited) website, FPIs have offloaded equities worth over Rs 14,794 crore in the markets so far this month. This follows a similar trend from last month when foreign investors were also net sellers, leading to...
In deepfake era photos claiming adultery by spouse to be proved by evidence Delhi HC
"We may take judicial notice of the fact that we are living in the era of deepfakes and, therefore, this is an aspect that the appellant/ husband, perhaps, would have to prove by way of evidence before the family court," the bench said New Delhi: In the era of...
WHO confirms first death from bird flu strain H5N2 in Mexico
The viruses responsible for these infections normally spread in animals, but can also infect humans through direct contact with infected animals or contaminated environments, the statement said Geneva: The World Health Organization (WHO) has reported the first...
Delhi hospitals rush for fire safety awareness sessions
Despite the recent spike in fire-related calls, the Delhi Fire Service(DFS) remains committed to reducing such incidents through education and timely intervention. The department noted that it had received a record 183 calls on May 30 and that 55 people have lost...
Odisha govt reassures public amid confusion over Biju Swasthya Kalyan Yojana continuity
The confusion stems from the BJP's announcement to implement the Ayushman Bharat scheme in place of BSKY upon assuming state power. Reports surfaced that hospitals began refusing BSKY benefits to patients in anticipation of this shift. Bhubaneswar:The Odisha...
Bihar govt to distribute one crore new Ayushman Bharat health insurance cards within next month
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (ABPM-JAY) provides annual health coverage of up to Rs 5 lakh per family for secondary and tertiary care, targeting low-income earners nationwide through a centrally funded program supported by both the Union...