Chief Economic Advisor V. Anantha Nageswaran noted India is fully...
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Sitharman meets trade unions for pre-budgetary consultations
The unions demanded that the government must withdraw the proposal...
Volcanic ash disrupts air travel: Multiple flights cancelled in India
“Following the recent eruption of the #HayliGubbi volcano in...
Police cannot serve notices through WhatsApp or electronic modes: SC
The Justice Sundresh-led Bench added that states and Union Territories(UTs) must issue an additional Standing Order to their respective Police machinery to issue notices to the accused persons or otherwise, only through the mode of service as prescribed under the Code...
Investors lose Rs 9.28 trillion as stock markets fall for 2nd day
"Volatility geared up during the day, driven by a mix of factors such as heightened anticipation around the fiscal budget, concerns about slowing corporate earnings, and uncertainties surrounding the upcoming Federal Open Market Committee (FOMC) meeting," Ameya...
Govt to shelve privatisation plans, pour billions in state-run firms
In 2021, Modi's government announced a major programme to privatise most of India's state-run companies. The plan was so drastic that even in the four sectors that India sees as sensitive, such as telecoms and banking, it wanted to keep only a minimum presence, while...
Uttarakhand becomes first state to implement Uniform Civil Code, CM Dhami launches UCC portal
The UCC came into force as Chief Minister Pushkar Singh Dhami unveiled its notification, released the rules for its implementation and launched a portal created for the mandatory online registration of marriages, divorce and live-in relationships Dehradun: Uttarakhand...
Indian insurance industry watches Govt’s move on IRDAI chief as Panda’s 3-yr term ends on Mar 14
Debasish Panda, chairman, IRDAI Panda after taking over as IRDA chairman on Mar 14, 2021, had unleashed an extensive reforms agenda for the industry to achieve `Insurance for all by 2047' and industry is already tapping all the sources to know whether Panda is...
Former Star Health Insurance CEO Prakash joins Bajaj General Insurance as a consultant
``Stepping into the consulting space has been a refreshing journey. Bajaj General Insurance has approached me, and I am excited to collaborate with them, bringing my years of experience in health insurance to the table. Looking forward to this new chapter. I am...
US-based D Gaekwad Developments make competing offer for Religare; Burman confident of success
Following the open offer, Burman's stake in REL would rise to 53.94 per cent, while Digvijay Laxmansinh Gaekwad proposes to pick 55 per cent stake in the company New Delhi: A day ahead of an open offer, Religare Enterprises Ltd (REL), the holding company of Care...
Transport ministry proposes more sops for scrapping vehicles with BS-II
The Ministry of Road Transport and Highways (MoRTH) in a draft notification issued on January 24 said up to 50 per cent discount would be applicable for all vehicles, both commercial and personal, that are BS-I compliant or were manufactured before the BS norms were...
Finmin notifies assured pension scheme for govt employees, to be effective from April 1
The notification will give the option to 23 lakh government employees to choose between UPS and NPS, which came into effect on January 1, 2004.The notification added that the rate of full assured payout will be 50% of 12 monthly average basic pay, immediately prior to...
Budget 2025-Insurers expect tax benefits, concessions for healthcare
Sameer Bansal, MD & CEO, PNB MetLife, said that while India is a fast-growing economy fuelled by its rising middle-class population of 25-45-year-olds, the proportion of people above the age of 60 is equally increasing at a rapid pace New Delhi: Insurers are...