"The objective of the high-level committee is to comprehensively...
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Sebi board allows investment advisers, research analysts to charge advance fees for up to a year
"In order to address those concerns, the board has decided that if...
Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day
FIIs also increased their long positions in index futures, with the...
LIC IPO- likely to open between May 4-9, smaller size risks India’s fiscal deficit target
The LIC board will meet Tuesday to decide the launch dates for its IPO along with the discount to be offered to policyholders, employees and retail shareholders LIC's board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far lower...
Millions of Indians exiting labour force no longer looking for jobs: CMIE
With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous harbinger. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the data is even...
Private sector to drive growth of National Pension Scheme: Study paper
"Our demographic structure, with a greater proportion of younger people, favors a phase of accumulation. Since longevity is inching up, so also the need for a steady stream of income is increasing to mitigate old-age poverty. Further, as the traditional family support...
PM Modi to chair COVID review meeting with CMs on April 27
Prime Minister Narendra Modi As per data available with the Ministry of Health and Family Welfare, today India's Cumulative COVID-19 vaccination coverage exceeds 187.67 crores, with over 2.65 crore first doses of COVID vaccines administered for the age group 12-14...
Covishield found ineffective against Omicron, booster a must: Study
The Indian Council of Medical Research-National Institute of Virology scientists concluded the report saying that the fight against Covid-19 is far from over. Although vaccine boosters or third doses have shown an augmentation in the immune response against the...
Luxury carmakers see accelerated demand for premium-end models in India
''In the last couple of months, I would say the trend started from last year, the demand on the C and D segment, which is cars above Rs 70-75 lakh, the growth in that segment is even more than the volume-segment growth for us,'' Audi India Head Balbir Singh Dhillon...
WTTC launches ‘Hotel Sustainability Basics’ initiative to ensure responsible travel and tourism
The report, ‘Destination 2030: Global cities’ readiness for sustainable tourism growth’, said that prior to the pandemic, the sector had been outpacing the global economy for almost a decade, with an annual average growth of 4.3 per cent compared to 2.9 per cent...
Digital transactions worth Rs 20k cr seen daily: PM
Prime Minister Narendra Modi ''Now digital transactions worth Rs 20,000 crore are taking place daily in our country. In March, UPI (Unified Payments Interface) transactions even reached Rs 10 lakh crore,'' he said New Delhi: Prime Minister Narendra Modi on Sunday said...
Sustainable funds see Rs 315 crore outflow in FY21-22, says report
This comes following a staggering inflow of Rs 4,884 crore in FY 2020-21. Prior to that, sustainable funds saw an infusion of over Rs 2,000 crore, according to data compiled by Morningstar India Going forward, ESG considerations will become an integral part of the...
India-UPI likely to dominate digital payments, BNPL to drive growth: Report
“We expect the payments industry to focus heavily on enhancing customer experience and providing customer options for payment, enhancing security, undertaking innovations in technology like distributed ledger technology (DLT) and emerging tech like IoT (Internet of...