"Food labelling should not just be a marketing tool, but it should...
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Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS
The OFS , which could be between 2.5% and 3% of government's equity...
RBI panel recommends AI framework for finance sector
"The report envisions a financial ecosystem where encouraging...
India on track to become solid global player due to strong financial regulations say experts
The RBI Deputy Governor said India was in a "sweet spot" to grow robustly, despite global turmoil and monsoon risks to growth, and to do so, developing credit markets was essential Kozhikode (Kerala): India is on the path to become a solid global player due to robust...
Sebi working on AI tool to curb misselling by mutual funds: Buch
''We are working on the question of misselling that may happen by a mutual fund distributor or an agent or by someone who is the responsibility of the mutual fund,'' Madhabi Puri Buch said while speaking at the fourth Global Fintech Fest Sebi has proposed a...
FM asks financial entities to ensure customers nominate heirs
Union Finance Minister Nirmala Sitharaman asked fintech companies to invest in cybersecurity and said that trust is very important Mumbai: India's financial ecosystem has made a giant stride from being conventional to fintech-driven and the new solutions have helped...
Bima Sugam: IRDAI sets a new deadline of July 2024, forms insurers’ panel for its execution, to select a consultant soon
Cyril Amarchand Mangaldas (CAM) has been appointed as the legal counsel for the project. Responsibilities of CAM will include incorporation of Section 8 not-for-profit company which will be the company owning the Bima Sugam platform The platform will support all...
Prez to launch Ayushman Bhava campaign on Sep 13
''India's goal of Universal Health Coverage shall be possible only when each village of India is healthy. To build momentum for enhanced awareness about various healthcare schemes and to saturate critical healthcare services in every village, the Ministry of Health...
‘Market will have a negative view of GIC Re if clubbed with GIPSA’: GICOA
The reinsurer's CMD has communicated to the Department of Financial Services several times to keep GIC Re separate from GIPSA With about 500 employees GIC Re is making good profits. The attrition rate has increased nowadays owing to attractive pay packets offered by...
Govt invites bids to engage asset valuer for IDBI Bank sale
The Department of Investment & Public Asset Management (DIPAM), on behalf of Gol and LIC, on Monday floated an RFP to engage a ''reputed Asset Valuer Entity -registered with Insolvency & Bankruptcy Board of India (IBBI), to act as the Asset Valuer for...
Drought-like situation, power crisis in Madhya Pradesh: CM Chouhan
“The month of August has almost been dry, so a drought situation is arising in Madhya Pradesh now. Crops are in danger''Chief Minister Shivraj Singh Chouhan The Cabinet sub-committee on drought in Karnataka led by Revenue Minister Krishna Byre Gowda on Monday...
PM says cyber crimes can have social, geopolitical implications; need global cooperation to deal it
Prime Minister Narendra Modi World Bank has estimated that cyber attacks could have caused losses of around USD 5.2 trillion to the world during 2019-2023, but their impact goes beyond just financial aspects into activities that are deeply worrying New Delhi:...
Bima Manthan: IRDAI to meet insurance CEOs on Sep 4-5
IRDA chairman Debasish Panda will address CEOs of general insurance companies, SAHI companies and reinsurers on Sept 4. On Tuesday, Panda will meet all the CEOs of the industry in the morning session and CEOs of only life insurance companies...