"Yes, there has been a definite increase in the freight cost. There...
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SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes
A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear...
India forecasts sub-par monsoon after two years of above-average rains
"Currently weak La Nina-like conditions are transitioning to...
Interest rates to remain at low level for long period of time: RBI Guv
"The policy rates will continue to be at low levels for a long period of time (and) they will go down even further," Malhotra said in a post-monetary press conference. Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said the key policy rates will remain at low...
Insurance joint secretary Goyal shifted out of DFS
Parshant K Goyal DFS, headed by secretary M Nagaraju currently doesn’t have an additional secretary nor a joint secretary in its insurance division. Nagaraju is scheduled to retire on May 30, 2026 New Delhi: In a key level change in the central government, Parshant K...
LIC’s net profit rises 17% to Rs12,930 cr Q3FY25
R Doraiswamy, CEO & MD, LIC R Doraiswamy, CEO & MD, LIC said,``“The consumers and the companies in the life insurance industry have responded positively to the various initiatives of the government, especially to GST 2.0. At LIC, we have further increased our...
CBDT chief says 88 pc of individual taxpayers have opted for new tax regime
"And insofar as presumptive tax cases, about 97 per cent of the taxpayers have moved to the new tax regime. For corporates, about 60 per cent of the income is now being reflected in the new tax regime," CBDT Chairman Ravi Agrawal New Delhi:As many as 88 per cent of...
RBI may hire more specialists for cybersecurity controls as digital risks multiply across banking system
The watchdog also seeks to add more officers to its supervision division, with hiring skewed toward specialists in cybersecurity controls as digital risks multiply across the banking system, according to the people. The overhaul is still under consideration and...
Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud
Jitin Prasada,Union Minister of State for Electronics and Information Technology The primary motivation for this purge is to close any loopholes that could enable the misuse of personal identities. According to the statement by the Ministry of Electronics & IT,...
Competition regulator orders probe into IndiGo after mass flight cancellations
More than 10.4 lakh passengers were affected by flight cancellations in December, with over 93 percent of the total passengers getting impacted by IndiGo cancellations New Delhi: India's competition regulator, Competition Commission of India(CCI), has ordered an...
Space Insurance:Govt prepares policy framework for covering 3rd party damages due to Indian Space Objects
A draft “Policy framework and guidelines addressing State’s Liability towards third party damages arising due to Indian Space Objects”, is presently undergoing various consultations, which envisages, among others, the third-party liability insurance to be maintained...
Delhi tribunal seeks Centre’s help in road accident case cites policy vacuum
"There is a clear policy vacuum, and the family of the victim/cyclist cannot be left to struggle with fate. In these peculiar circumstances, the assistance of the Ministry of Road Transport and Highways (MoRTH) is necessary to understand if there is any policy/scheme...
Pradhan Mantri Fasal Bima Yojana: Losses by wild animals as add on cover allowed at cost of state government
The Pradhan Mantri Fasal Bima Yojana (PMFBY), introduced in the country from 2016-17 is providing comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned State...