Indian insurance industry is expecting legislative measures...
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GIFT IFSC emerging as a global innovative re/insurance market place, says IFSCA chairman
K Rajaraman, chairman, International Financial Services Centre...
US regulators seek to break up Google, force Chrome sale
The proposed break-up floated in a 23-page document filed late...
Europe’s Covid-19 crisis pits vaccinated against unvaccinated
With infections spiking again despite nearly two years of restrictions, the health crisis increasingly is pitting citizen against citizen - the vaccinated against the unvaccinated Brussles: This was supposed to be the Christmas in Europe where family and friends could...
EPFO empowers advisory body FIAC to take call on investment in new instruments like InvITs
Explaining the rationale behind the decision, Labour Secretary Sunil Barthwal told reporters,''If we want to provide high rate of interest then we have to follow guidelines of finance ministry. There are certain instruments (prescribed in norms) where we were not able...
Common Service Centres records more that 80% informal workers’ registrations on e-Shram portal
"We would like the CSCs to become labour welfare centres and help every worker get his/her due benefit under central/state government schemes," CSC SPV Managing Director Dr Dinesh Tyagi said According to the latest data available on the e-Shram portal, as many as 8.43...
EPFO net adds 15.41 lakh subscribers in Sept
Age-wise comparison of payroll data shows that the age-group of 22-25 years registered the highest number of net enrolments at 4.12 lakh during September 2021. This was followed by 18-21 years with around 3.18 lakh net enrolments. This indicates that many first-time...
Sitharaman announces clearance to 3 key projects worth Rs 500 crore for IFSCA
Union Finance Minister Nirmala Sitharaman Union Finance Minister Nirmala Sitharaman underlined that the central government's commitment to make GIFT City a world-class fintech hub as stated in the Union Budget 2021-22 GIFT-IFSC is especially targeted towards companies...
Govt mulling changes in I-T laws to bring cryptos under tax net
New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the budget next year, a top official said. Revenue secretary Tarun Bajaj said in terms of income tax, some people...
COVID-19 lockdown fears trigger European bond rally
Germany's coronavirus situation is so grave that a lockdown, including for people who have been vaccinated, cannot be ruled out, Health Minister Jens Spahn said on Friday. Europe has become the epicentre of the pandemic again in recent weeks. Markets, which had been...
What’s inside Biden’s $1.85T social and climate measure
US President Joe Biden' ENVIRONMENT/CLIMATE CHANGE — Clean energy tax credits would receive USD 320 billion worth of funding. These credits over 10 years would help businesses and homeowners shift to renewable energy sources for electricity, vehicles and...
position India as market leader in cybersecurity, says Ashwini Vaishnaw
IT Minister Ashwini Vaishnav The minister noted that technology had ushered a clear convergence of computing, communication and sensors, with a reduction in cost, and a phenomenal increase in capabilities and complexities. "All three have combined together…we have a...
India needs $10.1 trn investments for net zero emissions by 2070: CEEW
Majority of the investments would be needed to transform India's power sector. Such investments totaling $8.4 trillion would be required to significantly scale up generation from renewable energy and associated integration, distribution and transmission...