The PFRDA will now allow private pension funds to invest in the top...
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Number of train accidents in India is down from 135 in 2014-15 to 31 in 2024-25: Railway Minister
Vaishnaw highlighted various safety measures taken by the Indian...
TRAI-RBI pilot to help select customers review, revoke consents given for promotional content
Under the joint TRAI–RBI Digital Consent Acquisition (DCA) pilot to...
Exclusive cooperative insurance firm on anvil, to provide coverage to all cooperative societies in country: Amit Shah
Amit Shah, Union Minister of Home Affairs and Co-operation To further strengthen the cooperative sector in India, Shah said, a cooperative insurance company will be set up soon that will provide insurance coverage to all cooperative societies in the country. He exuded...
Wipro awarded £500m deal from UK insurance giant Phoenix Group
As per the deal, Wipro’s existing FCA-regulated entity Wipro Financial Outsourcing Services Limited (WFOSL) will deliver comprehensive life and pension administration services to Phoenix Group’s ReAssure customers Mumbai: IT services company Wipro on Wednesday (26)...
GIFT City improves ranking in global financial centres index bolsters hub status
"GIFT City's continued rise in the Global Financial Centres Index rankings is a reflection of India's growing influence in global finance. "Our …ranking in reputational advantage, significant improvement in FinTech, and strong overall performance reinforce the...
PSU general insurance industry unions call off their Thursday strike
In another important development, the association has said that the Department of Financial Services has confirmed that clause of performance linked wage negotiation that was added at the time of settlement of the last wage revision, has been deleted New Delhi: Joint...
Misleading ads: SC asks states UTs to set up grievance redressal mechanism
A bench of Justices Abhay S Oka and Ujjal Bhuyan said state governments should create such mechanisms for members of the public to lodge complaints about objectionable advertisements prohibited under Drugs and Magic Remedies Act, 1954 New Delhi: The Supreme Court on...
‘Insensitive inhuman’ SC stays Allahabad HC observations on rape
Calling it a "very serious matter", a bench of Justices B R Gavai and Augustine George Masih said, "In normal circumstances, we are slow in granting stay at this stage. But since the observations in paragraphs 21, 24 and 26 are totally unknown to canons of law and...
Regulations should not create unintended barriers for financial inclusion: RBI Guv
``India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and convenience...
Insurers demand longer term assets to fund Govt’s Rs29.7 lakh crore debt pile
The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
Disaster is directly linked to climate change: Amit Shah
This Bill does not infringe on the federal structure. The primary responsibility for disaster management lies with the District Disaster Management Authority (DDMA), which operates under the state government,” Union Home Minister Amit Shah New Delhi: Union Home...
New Income Tax Bill to be introduced in monsoon session: FM Sitharaman
The simplification exercise was guided by three core principles which include textual and structural simplification for improved clarity and coherence, ensuring continuity and certainty with no major tax policy changes and no modifications of tax rates to preserve...