Approximately 3.37 crore hospital admissions worth Rs 52,207 crore...
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Thousands of accounts at Paytm Payments Bank set up improperly – sources
The Reserve Bank of India (RBI) is concerned that some of the...
Temasek Holdings sold its entire 5.42% stake in Policybazaar’s parent firm PB Fintech for Rs 2,425 cr
Billionaire Azim Premji's private equity fund Premji Invest on...
Coronavirus outbreak to have limited impact on India, says RBI Governor
“Most of the large pharma companies, according to information that we have, always keep stock for three-four months. So, therefore, they should be able to manage and also those provinces from where these pharma intermediates are sourced have not been impacted by the virus outbreak. Therefore, there is an expectation that the supply of pharma raw materials will be maintained,”RBI Governor Shaktikanta Das said.
Can transport minister come to explain govt proposal for introducing EVs, asks SC
New Delhi: The Supreme Court Wednesday expressed desire to interact with the Transport Minister Nitin Gadkari on the proposal for gradual conversion of all public transport and government vehicles into electric vehicles (EVs) to curb air pollution. The...
No plans to make listing mandatory for insurers:IRDAI chief
“I would like to encourage companies to weed out products which are not selling and simply adding to the number, then they will be able to manage those products well,” chairman S C Khuntia said, adding that the plea was made at a meeting with chief executives recently”
No proposal to merge LIC Housing Finance with any other entity: LIC
-The statement came after some reports suggested that insurance behemoth LIC might expedite the process of merging LICHFL with its banking arm IDBI Bank.
-“There was absolutely no proposal to merge LICHFL with any other entity and all such rumours floating in the market are not based on facts,” LIC said in a clarification.
Coronavirus could hamper $2.24 billion in Indian solar projects: Crisil
Nearly three-gigawatts of solar projects auctioned between July and August 2018 could be at risk of penalties for missing a July 2020 deadline for completion as the virus disrupts their supplies, Crisil Ratings said, without naming individual projects.
Paracetamol prices jump 40% in India as coronavirus epidemic shuts down China
Prices of paracetamol, the most commonly used analgesic, have jumped by 40% in India, while the cost of azithromycin, an antibiotic used for treating a variety of bacterial infections, has risen by 70%, said Pankaj R. Patel, chairman of Zydus Cadila. The pharma industry could face shortages in finished drug formulations starting April if supplies aren’t restored by the first week of next month,
Govt allows firms to list global depository receipts at IFSC
A depository receipt is a foreign currency denominated instrument, listed on an international exchange, issued by a foreign depository to a domestic custodian and includes GDRs.
Non-life insurers’ Jan premium collection up 7.2% at Rs 17,226 cr
The seven stand-alone private sector non-life insurers registered a 28 per cent jump in their collective premium income at Rs 1,530.75 crore in January.
About 92% of large taxpayers filed annual returns for 2017-18: GSTN
The top three states where businesses registered under GST (Goods and Services Tax) recorded maximum return filing are Maharashtra (96 per cent) followed by Rajasthan and Gujarat (95 per cent each).
New optional tax regime could adversely affect dwindling savings:Experts
-According to reports, over the past six years, India’s savings rate has been considerably declining. In 2012, the overall saving rate in India was around 36 per cent but it is now down to 30 per cent.
-The finance ministry expects at least 80 per cent of the taxpayers to move to the new income tax regime, Revenue Secretary Ajay Bhushan Pandey had earlier said.