“States of West Bengal and Bihar are reported to be most affected...
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GST Council approves ‘Track and Trace Mechanism’ to curb evasion
"The system shall be based on a Unique Identification Marking which...
GST Council to set up GoM to look into Andhra’s demand for 1 pc calamity cess
The GoM in January 2019 decided to approve the levy of 1 per cent...
AM Best maintains negative outlook on Brazil reinsurance market
“Overall, the segment’s growth is likely to face headwinds due to capacity limitations to underwrite risks, as the financial flexibility provided by the local capital markets dries up, and to global risk aversion, as international investors and players reconsider...
Health apps could support older adults with their health : Study
"Now that most older adults have at least one mobile device, health-related apps can provide an opportunity to support their health-related behaviours, manage their conditions and improve health outcomes," said Pearl Lee, M.D., M.S., a geriatrician at Michigan...
China launches Blockchain initiative despite ban on cryptocurrency
By 2025, the country aims to take the comprehensive strength of its blockchain industry to the most advanced level in the world, said a document jointly released by the Ministry of Industry and Information Technology and the Office of the Central Cyberspace Affairs...
Cryptos a threat to financial stability; value not even a tulip: RBI Guv
Private cryptocurrencies or whatever name you call it are a threat to our macroeconomic stability and financial stability. They will undermine the RBI's ability to deal with issues of financial stability and macroeconomic stability, Das said Mumbai: Governor...
Israel unveils $1.3 bln plan to reduce cost of living
In a televised address alongside Bennett, Finance Minister Avigdor Lieberman said the new plan, worth 4.4 billion shekels ($1.37 billion), would save the average Israeli family around 10,488 shekels ($3,270) a year Israel unveiled a $1.3 billion plan to reduce the...
99 of India’s leading financial advisors invest in Network FP to build an End-to-End Edutech Platform
India has over 3 crore families with an income of Rs 10 lakhs per annum and above. Such families need professional money managers as majority of them don't have time or required skills/knowledge to manage money, investments & insurance on their own. Network FP...
RBI holds interest rates steady, projects 7.8% GDP growth for 2022-23
Shaktikanta Das,governor, Reserve Bank of India The monetary policy committee (MPC) held the lending rate, or the repo rate, at 4%. The reverse repo rate, or the key borrowing rate, was kept unchanged at 3.35% "Overall, taking into consideration the outlook for...
Pandemic propels workers closer to four-day week
From Iceland to Australia, governments and business are testing shorter work weeks, be it in fashion or fast food. With dozens of companies set to take part in Britain's biggest ever trial of a four-day week, joining similar pilots in five other countries, Smith is at...
European, U.S. regulators tell banks to prepare for Russian cyberattack threat
Now the European Central Bank, led by former French minister Christine Lagarde and which has oversight of Europe's biggest lenders, is on alert for the threat of cyber attacks on banks launched from Russia, the people said FRANKFURT/LONDON: The European Central Bank...
India received USD 339.55 billion FDI in last 5 years
The government has recently undertaken a number of reforms across sectors. In the last one year alone, reforms in the FDI policy have been undertaken in sectors such as insurance, defence, petroleum and natural gas, and telecom India has received Foreign Direct...