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64.3% Indians now covered under social security, against 22% in 2016
The government's initiatives for improving access to basic...
Raising FDI limit in insurance aimed at unlocking full potential of sector: FM
Nirmala Sitharaman Union ,Finance Minister "Further, this will...
Verification of SIM card dealers mandatory; bulk connections discontinued to curb frauds: Ashwini Vaishnaw
Union minister Minister of Railways, Communications and Electronics & Information Technology (IT) Ashwini Vaishnaw has clarified that the verification of SIM card dealers will be carried out by "the licensee" or the respective telecom operator and added that a...
Govt tests ’emergency alert system’, sends sample message to several users
The government is working with the National Disaster Management Authority to improve preparedness for disasters such as earthquakes, tsunamis, and flash floods. Last month, the government tested the same alert with several users in the country New Delhi: The...
Laptop can be quite a potent source of leakage: Goyal on import restriction
"We are conscious that laptops are our continuous companion. Laptops are being used for all our privileged and confidential information. And they can be quite a potent source of leakage," Union minister of commerce and industry Piyush Goyal said New Delhi: Union...
India moving towards universal health care with wellness centres, Jan Arogya scheme, says Mandaviya
Elaborating on the Indian health system, Union Health Minister Mansukh Mandaviya said India today is supported by a workforce of 1.3 million Allopathic doctors, 8,00,000 AYUSH doctors and 3.4 million nurses, auxiliary nurses and midwives New Delhi: Union Health...
RBI launches centralised web portal ‘UDGAM’ for unclaimed deposits
The launch of the web portal will aid users to identify their unclaimed deposits/ accounts and enable them to either claim the deposit amount or make their deposit accounts operative at their respective banks, the release read. The search facility for remaining banks...
ESG funds continue to see outflow; Rs 520 crore pulled out in June quarter
Continuing the trend of outflow, the year-to-date 2023 withdrawal was at Rs 1,060 crore as compared to Rs 1,020 crore in the preceding year. This is in contrast to the infusion of Rs 1.83 lakh crore for the year to date in the overall fund market New Delhi:...
Life insurance: New CBDT rules on calculating income for policies with premium exceeding Rs 5 lakh
According to the change, for policies issued on or after April 1, 2023, the tax exemption on maturity benefits under Section 10(10D) will only be applicable if the aggregate premium paid by an individual is up to Rs 5 lakh a year New Delhi: The Income Tax department...
Urban poor most impacted in July inflation surge: Crisil
The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,'' the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...
UK PM Sunak commits to triple-lock pension policy despite inflation
Last November, with inflation in double-digits, finance minister Jeremy Hunt decided to raise state retirement and welfare benefits payments in line with price growth at a cost of about 11 billion pounds London: British Prime Minister Rishi Sunak said he was committed...
German cabinet agrees bill legalizing recreational cannabis use
Moves by governments to legalize the recreational use of marijuana have led to increased consumption and cannabis-related health problems, a U.N. narcotics watchdog said in March. Germany's cabinet on Wednesday passed a contentious bill to legalize recreational...