According to reports, a mixed response was seen in states including...
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Data-driven governance and research critical for resilient securities markets: SEBI Chairman
He highlighted that while artificial intelligence and advanced...
Stanchart launches health and wellness offerings for high- net-worth clients in partnership with Niva Bupa
Recognising the growing demand among Indian consumers for...
Regulatory changes to provide necessary push to surety bonds business say experts
"The expectation that surety bonds should be cheaper than bank guarantees is unsustainable for insurers. Issues related to pricing, reinsurance options, and lack of clarity on indemnity documents further hinder progress. The Indian Contract Act and Insolvency and...
Cyclone Dana impacted 35.95 lakh people in Odisha no human casualty so far Minister
The worst-hit districts include Kendrapara, Balasore and Bhadrak, while the human casualty “still stands at zero”. Whenever there is a disaster, people lose their houses and get compensation. This time, we want to bring a permanent solution to the problem and provide...
Govt floats draft bill to amend arbitration law, adds proviso for emergency arbitration
The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying "the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in arbitrations...
PM Modi warns about ‘digital arrest’
Narendra Modi, Prime Minister "There is no legal system called digital arrest; it's purely fraud, deceit, a criminal enterprise by those who are enemies of society. Various investigative agencies, in collaboration with state governments, are actively working to...
PM-ABHIM: Rs 64,000 crore healthcare infra project planned
VK Paul,member,Niti Aayog "Under PM-ABHIM, in every block in the country, Blocks Public Health units and labs will be made. In 600 districts, Integrated Public Health Units are being planned. The National Centre for Disease Control will have 30 branches across the...
Act against unsafe helmet makers to boost road safety: Centre to district officials
"Helmets save lives, but only if they are of good quality. This initiative is crucial in removing unsafe helmets from the market and educating consumers about the importance of BIS-certified products. We urge all stakeholders to actively participate in this campaign...
FPIs withdraw Rs 85,790 cr from equities due to Chinese mkt valuation
Looking ahead, the trajectory of global events like geopolitical developments and interest rate movements will play a crucial role in shaping future foreign investment in Indian equities, Himanshu Srivastava, Associate Director, Manager Research, Morningstar...
Sebi issues notices to Axis Bank and Max Fin Services about Max Life Insurance deal
The show cause notice (SCN) is being reviewed and will be filing responses to the SCN with Sebi as the said transactions were undertaken with requisite regulatory approvals, Axis Bank said New Delhi: Capital market regulator Securities and Exchange Board of India has...
Must take action on hoax bomb threats to airlines, IT Ministry tells social media platforms
"Considering the serious nature of the situation, the Ministry of Electronics and Information Technology reminds with emphasis that all the intermediaries including social media intermediaries must make reasonable efforts to disallow such malicious acts including hoax...
Cyclone Dana: Crops on 1.75L acre in Odisha damaged, another 2.80L acre submerged, says Govt
Chief Minister Mohan Charan Majhi during a review meeting on Friday night said the final estimate of the loss in the agriculture sector would be known from the detailed report, on the basis of which the government would decide on compensation for farmers Bhubaneswar:...