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RBI board approves risk-based deposit insurance framework for banks
"It is proposed to introduce risk-based deposit insurance premium...
Traditional medicine doesn’t get recognition it deserves, has to win confidence via science: Modi
Prime Minister Narendra Modi Addressing the WHO Global Summit on...
Sebi mandates cooling-off period for directors at market infrastructure institutions
In two separate notifications dated April 30, Sebi said that a non-independent director serving on the board of a market infrastructure institution will be eligible for direct appointment to the board of a competing institution after meeting two conditions -- a...
Trading in Bitcoin in India is refined way of doing Hawala business: SC
The bench said that two years back while dealing with a case related to Bitcoin trade it had asked the Centre to apprise the court about the policy regime on the trade of virtual currency but till now it has not received any response. Senior advocate Mukul Rohatgi,...
Govt mandates legal interception of satcom services bars data routing outside country
The move assumes significance as the government is, for the first time, gearing up to open satellite communication service for the general public and needs to put measures in place to avoid any misuse of the services by criminal elements, especially terrorists. New...
Govt moving ahead with IDBI Bank disinvestment plan in current fiscal: DIPAM Secy
Arunish Chawla,Secretary ,Department of Investment and Public Asset Management On the issue of further stake dilution in LIC, Chawla said the government aims to meet the minimum public shareholding requirement by the financial year ending March 2027, in line with the...
Star Health ropes in former commerce secy Rajeev Kher as chairman
``I look forward to working closely with the Board and management to strengthen governance, drive long-term value, and steer the company through the evolving landscape of healthcare and insurance. Our focus will remain firmly on inclusive growth, ethical leadership,...
Centralised KYC system in works Sebi chairman
Tuhin Kanta Pandey,chairman , SEBI The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions Elaborating on Sebi's AI-powered surveillance capabilities, Pandey...
India’s liberal FDI policy offers huge investment opportunities for global investors: Deloitte
India has made a significant advancement by allowing 100 per cent foreign direct investment under the automatic route in most sectors, including key areas like insurance, insurance intermediaries, tourism construction, hospitals, and medical devices New Delhi: India's...
India bans imports from Pakistan amid tension over tourist killings
India's Directorate General of Foreign Trade in a notification said the ban will take effect immediately NEW DELHI: India said it has banned the import of goods originating from or transiting via Pakistan as diplomatic tensions between the two nuclear-armed nations...
ICAI to help Sebi tackle financial frauds
ICAI President Charanjot Singh Nanda on Saturday said the institute will set up a working group and hold discussions with Sebi to finalise the various aspects that will be looked into with respect to tackling financial frauds New Delhi: Chartered accountants' apex...
UK-India investment treaty lets companies sue government
The Investor-State Dispute Settlement (ISDS) mechanism is aimed at protecting companies against possible unfair treatment under local laws, and will be included in an investment treaty that is expected to be struck alongside a free trade agreement shortly LONDON: An...