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Tampering with mobile IMEI non-bailable offence, attracts 3-yr imprisonment, Rs 50 lakh penalty: DoT
"DoT emphasises that these regulations are essential for...
Exempt life insurance from GST to enable insurers to claim ITC benefits: LIC MD Patnaik
Ratnakar Patnaik,managing director,LIC, appealed to the government...
Malhotra exhorts staff to strive for perfection; support realisation of Viksit Bharat vision
Sanjay Malhotra,Governor,Reserve Bank of India Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, “Continuous improvements and kaizens (improvement)” are essential for any...
India has 1,065 dams 50-100 years old, 224 are hundred plus: Govt
According to the National Register of Large Dams (NRLD-2023 edition), compiled jointly by the National Dam Safety Authority (NDSA) and Central Water Commission(CWC), there are 6,138 constructed and 143 under construction dams which aggregate to a total of 6,281 large...
LIC unclaimed maturity amounts reach Rs881 cr in FY24
As many as 3,72,282 policyholders did not claim maturity benefits during FY2024, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. During the previous year, he said, the amount worth Rs 815.04 crore belonging to 3,73,329...
Delhi govt prepared to introduce a law to protect doctors from violence
"At times, we hear about incidents of violence against the doctors. If such a need arises in Delhi, the government will bring in a Doctors Protection Act to address these concerns," Delhi Chief Minister Atishi said New Delhi: The AAP government will always stand with...
Govt unveils ‘Jalvahak’ incentive scheme to boost cargo movement via waterways
"The Jalvahak scheme incentivises long-haul cargo transport and ensures timely delivery through regular freight services. This initiative provides a positive economic value proposition to trade while advancing Prime Minister Narendra Modi's vision of transformation...
PMJJBY life insurance: 21cr enrolment, 860,575 claims worth Rs 17,211.50 settled
The Pradhan Mantri Suraksha Bima Yojana(PMSBY) has seen a cumulative enrolment of 47.59 crore, while the cumulative number of claims received stood at 193,964, as of November 20. As per the official figures, the cumulative number of claims disbursed stood at...
Hinduja Group likely to complete RCap acquisition by Jan-End
"Most of the approvals and procedures related to the resolution process of Reliance Capital are complete. Couple of the procedures at the end of the administrator and CoC are to be completed. We hope that all these will be over in the next 4-6 weeks and RCAP should...
HC asks Maharashtra govt for details on expenditure on medical infrastructure, budgetary allocation
The court was hearing a bunch of petitions, including one initiated suo motu (on its own), raising concerns over the high number of deaths at government hospitals in Nanded and Chhatrapati Sambhajinagar districts last year Mumbai: The Bombay High Court on Saturday...
FPIs return to Indian equities; infuse Rs 22,766 cr in first two weeks of Dec
Looking ahead, the flow of foreign investments into Indian equity markets will hinge on several key factors. These include the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate environment, and the evolving geopolitical...
India and UK to collaborate on developing financial regulations
Participants from India and UK touched upon reforms in respective financial services sectors including capital markets, insurance & reinsurance, pensions, FinTech, sustainable finance and International Financial Services Centre GIFT City/Gujarat: The 3rd India –...