The shares of New India Assurance(NIA) also rose almost 10 per cent...
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FSSAI approves amendments to streamline food safety and standards regulations
The Food Authority also approved a first-of-its-kind and...
Investors dig into India’s stock market as China flounders, discount risks
Global investors' desire to own a piece of the brightest market in...
DPIIT notifies 100% FDI in insurance intermediaries under automatic route
It said that insurance intermediary that has majority share holding of foreign investors shall undertake measures including incorporation as a limited company under the provisions of the Companies Act 2013; at least one from among the chairman of the board of directors or the CEO or principal officer or MD of the company shall be a resident Indian citizen, shall take permission of the IRDA for repatriating dividend, and shall not make payments to the foreign group or promoter or associate entities beyond what is necessary or permitted.
New Delhi is world’s most polluted capital for second straight year: Study
Last year, residents of New Delhi, home to more than 20 million people, could breathe “moderate” to “satisfactory” air only for four days in November and December, when pollution levels peaked.
Ensure benefits of tech are available to everyone: Nadella to developers
“Every bank that builds an app will have to deal with trust, and trust around AI and the AI models they deploy. The core cybersecurity of their asset, their customers’ data…if there is a real currency of the next 10 years, (it) is how diverse and inclusive your teams are that are building all these technologies – gender diversity, ethnic diversity – because there is no protection against unconscious bias other than diversity,”
G Srinivasan panel to examine if life insurers can sell indemnity based health products
General Insurance Council had been vehemently opposing the proposal.Even Kumar, chairman, LIC was not supportive of the idea of life insurers selling indemnity products.
Indian CEOs need to build their own inclusive tech solutions: Nadella
Stating that the last decade saw emergence of the aggregators, he asserted that aggregators are not enough alone. “We need to ensure that digital interventions lead to broadening of productivity.”
Sensex tanks 807pts as coronavirus alarm spreads, Rs 3 lakh crore investor wealth lost
Chinese President Xi Jinping on Sunday said the coronavirus epidemic is the country’s “largest public health emergency”. The death toll from the deadly virus climbed to 2,592 in China on Monday.
Health Ministry mulling to increase legal age for tobacco consumption
“Increasing the legal age to 21 would bring down the number of youngsters taking to tobacco every year drastically. Even parents will not be able to send their children aged below 21 to shops for buying these products, the official said.
Centre pays Rs 50,850 crore to farmers under PM-KISAN scheme
-The scheme was launched to provide income support to all landholding farmers’ families across the country and enable them to meet expenses related to agriculture as well as domestic needs, it added.
-Total number of beneficiaries covered under the scheme is about 14 crore, based on estimates of the Agriculture Census 2015-16.
Need to enhance global risk monitoring, says Nirmala Sitharaman at G-20 meet
“Finance Minister Smt @nsitharaman emphasised that growing inequality has slowed down the pace of inter-generational mobility globally. She pointed out that identifying the causes and developing solutions require coordinated policy solutions,” the ministry tweeted.
FPIs remain bullish on India; invest Rs 23,102 crore in February so far
Globally, he said, there has been a risk-off sentiment among foreign investors with the outbreak of coronavirus epidemic. FPIs have been particularly wary of investing in markets, which rely on tourism, as the spread of virus can adversely impact their prospects and economic growth.