"With the rapid increase in the use and acceptance of social media,...
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India braces for unusually hot March; wheat, rapeseed crops at risk
"Maximum and minimum temperatures in northern and north-western...
Platforms must take responsibility for hosted content, says Ashwini Vaishnaw
"Synthetic content should not be generated without the consent of...
RBI asks fintechs and digital payment cos to ensure responsible innovation and better compliance
Sanjay Malhotra, Governor, RBI The regulator would continue to adopt a “consultative approach,” the central bank said, adding that new-age technology companies such as payment system players and account aggregators played an important role in the growth of India’s...
Govt wants insurance payouts to replace its compensation in managing natural disasters: DFS Secy
L to-R-Hitesh Kotak, Chief Executive, Japan, India, Korea, and South-East Asia at Munich Re,Krishna S Vatsa, Member, NDMA,Safi Ahsan Rizvi, Advisor (Mitigation), NDMA, M Nagaraju, Secretary, Department of Finance (DFS), Mandakini Balodhi, Director(Insurance),...
Draft Insurance Laws Amendment Bill in advanced stages, to be tabled in Parliament shortly: Minister Pankaj Chaudhary
Pankaj Chaudhary,Minister of State for Finance M Nagaraju, Scretary, DFS, mentioned that to ensure greater consistency, consumer protection, transparency, and grievance redressal, the department is proposing setting up a unified forum where regulators and authorities...
Govt approves Rs 3,880 crore scheme for Livestock Health and Disease Control Programme
Scheme will help in prevention and control of livestock diseases through vaccination, surveillance and upgradation of healthcare facilities New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, today approved the Revision of Livestock Health and...
SC issues contempt notice to Punjab for failing to implement pension scheme
"In spite of repeated undertakings given to the high court, compliance has not been made by the state government. Therefore, we issue showcause notice to K A P Sinha, chief secretary, State of Punjab calling upon him to showcause why action under the Contempt Of...
InsuranceDekho receives $70 million funding from investors
Ankit Agrawal, Founder & CEO, InsuranceDekho, said,"We are delighted to have Beams Fintech Fund, Eurazeo, and MUFG double down on their support. This capital will enable us to expand our reach, enhance our tech-driven offerings, and solidify our position as...
CCI rejects complaint against Microsoft over bundled antivirus
It was alleged that bundling of the anti-virus software was violating fair competition norms. Starting with Windows 10 Operating System (OS) edition, the anti-virus software Microsoft Defender is bundled with it. In a 17-page order dated March 3, the CCI said there...
Insurance nominations can’t override personal succession laws: Karnataka HC
Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee's claim must yield to personal succession laws Bengaluru: In a crucial ruling, the...
Sebi income rises 48% to Rs 2,075 cr in FY24, driven by fees, subscriptions
This category of income included earnings from annual fees and subscriptions, listing fees contribution from stock exchanges, income generated from registration, renewal, application and offer documents filed by companies and market infrastructure institutions Mumbai:...
HC stays special court order directing FIR against ex-Sebi chief Buch, 5 others
The HC's judgement came on petitions filed by Buch, three current whole-time SEBI directors - Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney and two BSE officials - Managing Director and Chief Executive Officer Ramamurthy and its former chairman and...