Responding to a question in the Rajya Sabha on India's position in...
Category:
Indian News
Latest
Employee medical plan costs in India expected to rise by 11.5 per cent in 2026
The report showS cardiovascular diseases, gastrointestinal...
PFRDA widens investment options for funds
The PFRDA will now allow private pension funds to invest in the top...
IRDAI retains Obligatory Cession to GIC Re at 4% for FY25
The IRDAI, after consultation with the Advisory Committee, and with the previous approval of the Central Government has taken the decision that the percentage cession of the sum insured on each general insurance policy to be reinsured with the Indian Re-insurer (GIC...
Centre issues stern warning against surrogate ads seen as harming consumers
“We are committed to working collaboratively with all stakeholders as we navigate through this evolving issue. The Department of Consumer Affairs reaffirmed its stance with utmost clarity that any continued involvement in surrogate advertising will not be condoned. It...
‘Money mule’ bank accounts on the rise in India: Report
Mule accounts are owned by people who are duped by fraudsters into laundering stolen/illegal money via their bank accounts. When such incidents are reported, the "money mule" becomes the target of investigations due to their involvement New Delhi: Banks in India need...
Cabinet approves continuation of Flood Management and Border Areas Programme
Under the Flood Management Programme (FMP) component of Flood Management and Border Areas Programme with an outlay of Rs. 2940 crore, central assistance will be provided to state governments for taking up critical works related to flood control, anti-erosion, drainage...
Govt shortlists 4 candidates for selecting IRDAI’s Member, Distribution
Out of many applicants, who had applied for the job, the Ministry of Finance, has shortlisted the names of Satyajit Tripathy, CMD, United India Insurance, Randip Singh Jagpal, executive director, IRDAI, LK Shyamsunder, zonal manager, South Central Zone, Life Insurance...
FSDC to formulate strategy to digitalise KYC process in financial sector, curbing illegal online lending
(Lto R) Shaktikanta Das, Governor, Reserve Bank of India, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and Bhagwat K Karad,,Union Minister of State for Finance at the 28th meeting of FSDC in New Delhi The FSDC on Wednesday discussed various...
Indian regulators seek to crack down on potential fraud in financial sector
While Indian banks have boosted spending on technology to detect potential money laundering and prevent fraud, the cases are rising. The number of reported frauds of more than 100,000 rupees ($1,205) rose 68 per cent to more than 14,000 from April to September last...
Outlook for Indian economy appears bright, 7 pc GDP growth expected in FY’25: FinMin report
Talking about tailwinds for the next financial year, the report said prospects of healthy Rabi harvesting, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in FY25 New Delhi:The outlook for the Indian...
Draft AI regulation framework to be released by July: Rajeev Chandrasekhar
'We will fully exploit the potential of AI but set up the guardrails as well to prevent misuse. We are today seen by the world at the forefront to harness AI technology. We are all for deploying AI across use cases, from farm to factories and we want to use AI for...
India seeks $26 bln of private nuclear power investments
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation. The funding would help India to achieve its target of having 50% of its...