The court rejected this argument of the state government, stating...
Category:
Indian News
Latest
RBI mulling e-cheques, widening regulatory ambit to include digital payment cos
As part of its efforts to prevent fraud, the RBI is also planning...
Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers
M Nagaraju, secretary, Department of Financial Services Till date...
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...
If poor not provided treatment will ask AIIMS to take over SC to Indraprastha Apollo Hospital
A bench of Justices Surya Kant and N Kotiswar Singh took serious note of alleged violation of lease agreement under which the hospital run by Indraprastha Medical Corporation Limited (IMCL) was to provide free medical and other facilities to one-third of its indoor...
Vehicle Scrapping Policy may reduce auto component prices by 30 pc Gadkari
The demand for EVs will grow as the government is taking various steps to improve the charging infrastructure in cities and on highways. The adoption of EVs will also increase as the prices of input materials come down, Union Minister Nitin Gadkari said New Delhi:...
New India partners with BoI for distributing its products
L to R -PR Rajagopal, ED BOI, Girija Subramanian CMD, NIA, Mukta Sharma GM, NIA, Anjali Bhatnagar GM, BOI ,. Rajneesh Karnatak, MD and CEO BOI, M. Karthikeyan, ED BOI, Rajiv Mishra , ED BOI at an event to sign bancassurance deal between NIA and BoI ``New India strives...
Tata AIA’s Swaminathan S. Iyer appointed as Member, Life, IRDAI for 5 yrs
Swaminathan S. Iyer, Member-designate, Life, IRDAI ``The Appointments Committee of the Cabinet (ACC) has approved the Swaminathan to the post of Whole Time Member (Life), Insurance Regulatory and Development Authority of India (IRDAI) for a period of five years from...
S&P cuts India’s FY26 GDP growth forecast to 6.5 pc
"The Reserve Bank of India will cut interest rates by another 75 bp-100 bp in the current cycle, we project. Easing food inflation and lower crude prices will move headline inflation closer to the central bank target of 4 per cent in the fiscal year ending March 2026...
India’s financial system resilient, diverse: IMF report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance. The sector has remained stable, supported by better regulations and digital innovations New Delhi: The Indian financial system has...