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IMF data shows India’s economy growing rapidly on strong domestic consumption: Economists
According to the IMF’s latest projections, India’s economy is...
HDFC Pension aims to double its subscriber base in next few years: CEO
"PFRDA has reduced the vesting period to 15 years or retirement,...
Digit raises Rs. 1,176.59 crore from anchor investors
Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to almost Rs 394.31 crore which is 33.51 per cent of the total anchor book...
SBI Gen unveils first industry-wide policyholder servicing e-platform
Kishore Poludasu, MD & CEO, SBI General Insurance This platform allows customers to aggregate their insurance portfolio through an electronic Insurance Account (eIA) and conveniently manage it through a one-stop digital platform-BIMA Central Mumbai: SBI General...
Advocates cannot be sued under Consumer Protection Act for professional negligence: Supreme Court
A bench presided over by Justice Bela M Trivedi said that the very purpose and object of the Consumer Protection Act, 2019 was to provide protection to consumers from unfair practices and unethical business practices only, adding that the legislature never intended to...
Sebi detects accounting frauds in IPOs of cos
The findings underscore the vulnerability of millions of traders to the risks of price manipulation in this segment due to fewer compliance requirements. They also highlight the limitation of regulatory warnings aimed at curbing enthusiasm for tiny IPOs in India,...
SC to revisit its order making PUC certificate mandatory for Motor TP cover
“Prima facie, we are of the view that a right balance will have to be struck for ensuring that vehicles remain compliant with PUC norms but, at the same time, all vehicles must have third party insurance,” the bench said New Delhi: The Supreme Court on Monday said...
Mumbai hoarding collapse: 8 dead, 64 injured, Case of culpable homicide to be lodged
"There will be an investigation regarding what kind of permission they have for this hoarding, whether they had this permission or not. The CM has directed that a proper audit of all the hoardings in Mumbai be done by the BMC to mitigate such incidents in the future....
TATA AIG General launches India’s first satellite in-orbit 3rd-party liability policy
The Indian space industry is experiencing phenomenal growth, with a projected market size reaching into the tens of billions. With the privatisation of space launches, India targets a five-fold increase in its global launch market share, projected to reach $47.3...
Forest fires in Uttarakhand threaten rare Himalayan fauna say experts
"We have several rare species of birds whose breeding season coincides with the forest fire season, from April to June. Frequent and uncontrolled forest fires are gradually making these species highly endangered in Uttarakhand forests," Sanjeev Chaturvedi, chief...
Government mandates anti-fake review rules for e-commerce platforms
Nidhi Khare, Secretary, Consumer Affairs Ministry The government issued the new quality norms for e-tailers a year ago, prohibiting them from publishing paid reviews and demanding disclosure of such promotional content. But fake reviews of products and services on...
Before global scrutiny, Indian spice maker MDH faced several US rejections
Before the latest scrutiny, products from MDH, a family-run Indian company more than 100 years old, were rejected for sale in the United States due to the presence of salmonella, a bacteria that can lead to gastrointestinal illness New Delhi:Popular Indian spice brand...