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Govt’s proposal to preload national ID app Aadhaar on phones opposed by smartphone firms
MAIT also wrote to Indian IT ministry official Ravinder Kumar Meena...
West Asia Crisis: Higher underwriting uncertainty in global terrorism and political violence insurance markets
For insurers and reinsurers, the key issue is not only the...
GST 2.0 rollout, festive demand drive record two-wheeler sales in Oct to 1.85 million; highest this year
Industry officials said the government’s move to reduce GST on motorcycles up to 350cc from 28 per cent to 18 per cent under the GST 2.0 framework has significantly lowered prices, encouraging more buyers to make purchases ahead of Diwali. New Delhi: The rollout of...
Strengthening healthcare key to building a healthy and developed India: President Murmu
“Healthcare is an integral part of nation-building. Protecting people from disease and improving their health is a priority for the government.For this purpose, health and medical infrastructure, institutions, and services are being continuously expanded across the...
IMF data shows India’s economy growing rapidly on strong domestic consumption: Economists
According to the IMF’s latest projections, India’s economy is expected to grow at 6.6 per cent in 2026, maintaining its lead among large economies. New Delhi: India’s economy continues to expand at a rapid pace, driven by strong domestic consumption, robust...
HDFC Pension aims to double its subscriber base in next few years: CEO
"PFRDA has reduced the vesting period to 15 years or retirement, whichever is earlier, and permitted 100% equity allocation under the Multiple Scheme Framework (MSF), compared to the earlier 75% cap. These steps have made NPS far more flexible and appealing to a...
Equal work, unequal wages: pay gap persists for gig workers
Over 56 per cent of employers cited the absence of long-term benefits or obligations as the main reason, followed by 24 per cent who pointed to short-term employment duration and 10 per cent who attributed it to perceived lower skill or training levels Mumbai: Even as...
EU adopts a new package of sanctions targeting Russia’s energy infrastructure
Along with a full transaction ban on two major Russian oil companies, Rosneft PJSC and Gazprom Neft PJSC, and sanction 117 additional so-called shadow fleet vessels, which have enabled Russia to evade previous measures, the EU package goes after 45 entities that have...
Apple loses landmark UK lawsuit over app store commissions
The Competition Appeal Tribunal (CAT) ruled against Apple after a trial of the lawsuit, which was brought on behalf of millions of iPhone and iPad users in the United Kingdom.The CAT ruled that Apple had abused its dominant position from October 2015 until the end of...
Gold braces for turbulence ahead of central bank, geopolitical triggers: Analysts
"Gold witnessed its sharpest one-day decline in over a decade this week, retreating more than 6 per cent as investors booked profits following a prolonged record-setting rally. The sell-off was largely technical, with prices failing to hold above the USD 4,300 an...
Re/insurance industry needs to push boundaries of risk taking in a fragmenting world: Experts
“While the universe of risks is expanding, the world is fragmenting. Organizations are seeking new opportunities while having to navigate the most complex set of risk challenges in a generation. For the (re)insurance industry, this is a moment to step up, to create...
LIC denies Washington Post report, says made investments in Adani firms independently
The statement was in response to a report in The Washington Post alleging officials orchestrated a plan to steer LIC into investing in the Adani group earlier this year, when the ports-to-energy conglomerate was facing a debt pile and scrutiny in the US. Mumbai:State...