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Premiums to fall as Govt finalises GST cut from 18% to 12 % on Term Life and Health cover with input tax credit(ITC)
On Tuesday, senior officials Ministry of Finance, Insurance...
Regulatory standards must be stronger for quality medicines: Health secy
The meeting with state drug regulators comes in the wake of the...
India GDP estimated at Rs 147.5 lakh crore in FY22: Chaudhary
Minister of State for Finance Pankaj Chaudhary In FY 2020-21, Minister of State for Finance Pankaj Chaudhary said that as a major part of its policy response to the pandemic, the government while providing a safety net to the vulnerable sections of the society...
India ranks second in issuance of green bonds: Pankaj Chaudhary
''India has seen an increasing number of issuance in the overseas green bond market. India is currently ranked 2nd (after China) among the emerging market economies in green bonds issuance,'' Minister of State for Finance Pankaj Chaudhary said On Crypto he said, this...
MFIs’ assets under management likely to grow at 18-22% in FY2023: ICRA Report
"The growth rate in the AUM of NBFC-MFIs is estimated to improve to 18-22 per cent in FY2023. There would, however, be downside risk to our estimates in case of significant disruptions caused by the new wave of infections in Q4 FY2022 or future waves if any,"...
Passenger vehicle retail sales drop 10% in Jan due to chip shortage: FADA
"In spite of good demand, passenger vehicles continue to face the brunt of semiconductor shortage, resulting in the absence of a healthy inventory," FADA President Vinkesh Gulati said in a statement New Delhi: Passenger vehicle retail sales declined 10 per cent...
Green bonds to be rupee-denominated with long tenure: DEA secy
''At this point of time, we are looking at the domestic markets and rupee-denominated…the tenure would be normal like any G-sec tenure. It would be medium to long term but not short term. Fund mobilised will be used in the infrastructure sector, which has a...
Not everyone is male or female – the growing controversy over sex designation
But sex designation is not as simple as a glance and then a check of one box or another. Instead, the overwhelming evidence shows that sex is not binary. To put it another way, the terms “male” and “female” don’t fully capture the complex biological, anatomical and...
Hawkish central banks say goodbye to easy money as they hike rates
What has forced the central-bank rethink is a wave of inflation. It’s driven by a disconnect between surging demand in post-lockdown economies and shortages in the supply of some key commodities, materials and goods -- as well as workers The end of easy money is upon...
Digital agriculture, organic farming to protect farmers from impact of climate change: PM Modi
Prime Minister Narendra Modi Prime Minister said, "To save our farmers from climate challenge, our focus is on the fusion of both 'Back to basics' and 'March to future'. Our focus is on more than 80 per cent of small farmers of the country who need us the most. One...
Sebi should hear If cos have views on Chairperson, MD posts separation: FM
Finance Minister Nirmala Sitharaman The Securities and Exchange Board of India (Sebi) has asked listed entities to split the roles of chairperson and managing director before the April 2022 deadline New Delhi: As Sebi plans to implement norms for separation of posts...
India’s digital currency to debut by early 2023
''In the case of a digital rupee instead of holding a note you will be holding a digital currency in your phone and it would be with the central bank and from there it would be transferred to any merchant. It is fully backed by the sovereign,'' the source said The...