The study indicated that the net losses of individual traders...
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Fintech sector must focus on financial education and consumer protection, says DFS Secretary
M Nagaraju, secretary,Dpartment of Financial Services Secretary...
Carrier becomes latest global firm to sue govt over electronic waste rules
All of the companies0South Korea's Samsung Electronics and LG...
Govt to examine WhatsApp’s breach of privacy: Minister
Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology In a tweet, the minister said the government will examine the alleged breach of privacy even as the new Digital Personal Data Protection Bill was being readied.This followed a claim...
India builds more hospitals as population surges but doctors in short supply
India's doctor-to-patient ratio hit a record high of 1.2 doctors per 1,000 patients in 1991, according to the World Health Organisation (WHO), but as its population surged, the ratio dropped to about 0.7 in 2020. Outside the big cities, the lack of specialised care is...
Govt expands scope of money laundering law to cover firm’s representatives
The government, in a gazette notification dated May 9, has expanded the scope of the law to include all individuals helping in the formation of a company, including those acting as a director, secretary or proxy nominee director New Delhi: The Indian government has...
Irdai’s order to stop loan re-payment via credit card good for policyholders: Insurers
Welcoming the Irdai's decision, Kamlesh Rao, MD and CEO, Aditya Birla Sun Life Insurance, said it helps ensure the best interests of policyholders and supports responsible financial planning. Mumbai: Regulator Irdai's decision to bar repayment of loans taken against...
6.64 lakh families receive claims for Rs13,290 crore under PMJJBY scheme: FM
Union Finance and Corporate Affairs Minister Nirmala Sitharaman Under PMSBY scheme, Sitharaman said that more than 1.15 lakh families have received claims for Rs 2,302 crore New Delhi: Celebrating the 8th anniversaries of the three social security (Jan Suraksha)...
SC Seeks Centre’s Response On PIL For Welfare Of Persons Suffering Autism Spectrum Disorder
The present petition is being filed in the public interest to formulate guidelines and/or standard process under the Right of Persons with Disabilities Act, 2016 for the inclusion of the persons affected by ASD, the NGO stated New Delhi: The Supreme Court Monday...
Go Airlines got premium refund for grounded aircrafts
The airlines’ total fleet size is 54 aircraft, out of which 27 have been grounded for more than a year, said Kaushik Khona, Chief Executive Officer, Go Airlines “Last year, we got a refund of the premium paid for covering the aircraft hull. The refund was about 70 per...
FSDC pitches for special drive for settlement of unclaimed deposits and insurance benefits: FM
Finance Minister Nirmala Sitharaman Economic Affairs Secretary Ajay Seth it was deliberated that regulators should conduct a special drive to facilitate the settlement of unclaimed deposits and claims in the financial sector across all segments, such as banking...
Poor diligence while granting driving licences is costing lives on Maha roads, say experts
''With each passing day, we hear of horrific road crashes that claim the lives of innocent people. The process of issuing driving licenses needs to be improved to be able to critically assess the safe driving skills of applicants. This will ensure only skilled drivers...
RBI sounds note of caution on OPS, says it may add to liabilities in future
By postponing the current expenses to the future, the report said states risk the accumulation of unfunded pension liabilities in the coming years The governments of Rajasthan, Chhattisgarh, Himachal Pradesh, Punjab and Jharkhand have informed the Centre about their...