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IRDAI to come out with new regulations on industry’s commission structure soon:Seth
Ajay Seth, chairman, IRDAI ``We are working on the regulations...
Air India pilot reports a possible defect in fuel control switch of Boeing 787-8, aircraft grounded
"After receiving this initial information, we have grounded the...
Rate cut to be based on long-term inflation trajectory: RBI Governor
Shaktikanta Das, Governor, Reserve Bank of India I would like to sort of step back and look more carefully at what is the future trajectory of inflation and growth, and based on that, we will take a decision," Reserve Bank of India (RBI) Governor Shaktikanta Das...
Centre invites platform aggregators to register gig workers on e-Shram portal
Mansukh Mandaviya,Union Minister of Labour and Employment Earlier this month, the minister said the government is actively exploring various avenues to ensure these workers are covered under social security schemes. For the first time, gig and platform workers in...
Sitharaman to launch NPS Vatsalya Scheme tom
Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs NPS Vatsalya will allow parents to save for their children’s future by investing in a pension account and ensure long-term wealth with the power of compounding. NPS Vatsalya offers flexible...
Sustainable water management needs to be everybody’s business Jal Shakti ministry official
New Delhi: Achieving sustainable water management cannot be done by governments alone, a senior Jal Shakti ministry official said on Monday while emphasising the need for cooperation from industries, academia and civil society on the matter. A day ahead of the start...
Infosys to drive LIC’s digital transformation with NextGen platform
Siddhartha Mohanty, CEO and MD, LIC "It will not only enhance our operational capabilities but also enable us to cater to our vast customer, agent and employee base with newer, more personalised experiences. We are committed to leveraging the latest technologies that...
Maha ends Rs3000 cr health insurance contract with United India in 2 months without any notice and reasons
United India Insurance, which has been the health insurer to Maharashtra for the last four years, had won a fresh mandate from the state for implementing a much larger scheme-universal health coverage- in this June and the cover was in force since July.UII can't...
Modi 3.0: PM Modi govt marks 100 days with disaster management initiatives and other reforms
Prime Minister Narendra Modi An allocation of Rs 6,350 crore was made for Urban Flood Management and Glacial Lake Outburst Flood Risk Mitigation Projects. Additionally, Rs 12,554 crore was approved for a range of services, including firefighting, managing glacial lake...
GST Council forms GoM to review tax rate on insurance; report by Oct 30
The Terms of Reference (ToR) of the newly formed panel also include suggesting tax rate of health/medical insurance including individual, group, family floater and other medical insurance for various categories like senior citizens, middle class, persons with mental...
Sebi introduces centralized fee collection mechanism for investment advisers, research analysts
Under this mechanism, clients will pay fees to Investment Advisers (IAs) and Research Analysts (RAs) , through a designated platform or portal administered by a recognised Administration and Supervisory Body (ASB), the regulator said in a circular Mumbai: Market...
CCI probe finds Amazon, Walmart’s Flipkart breached antitrust laws
The investigation's findings are the latest setback for Amazon and Flipkart in a country where they continue to face criticism for their business practices from smaller retailers, who say their businesses have suffered in recent years due to deep discounts offered...