The aviation chaos mirrored the citywide disruption as Kolkata lay...
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CBI court sentences 2 men to 5 years of RI for forgery in settlement of fire insurance claim
The case was registered in Gandhinagar on the basis of allegation...
Govt plans disinvestment of more PSUs: DIPAM Secretary
Some of the names where the government will like to disinvest...
Govt advertises for 2 posts of IRDAI members
Rakesh Joshi, member, Finance and Investment and Pramod Arora, member, Actuary, will be completing their terms at the IRDAI in next six months The applicants should have a minimum of two years of residual service as on the date of vacancy i.e., the applicant’s age...
India to be the 6th largest insurance market by 2032, life market more promising than non-life: Swiss Re report
With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India's life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in 2022...
Rain fury: Situation grim in Punjab’s Patiala, Rajpura thermal power plant shut down
Floodwaters entered the premises of the Rajpura Thermal Power Plant here, leading to the shutdown of one of its 700 MW units, they said Patiala: Punjab's Patiala district was reeling under a flood-like situation following heavy monsoon rainfall, with authorities...
FM asks banks to adopt robust risk management practices and mitigating cyber security risks
Finance Minister Nirmala Sitharaman Some of the challenges highlighted during the meeting between Finance Minister Nirmala Sitharaman and heads of public sector banks included the declining share of market share in terms of advances, and low-cost deposit mobilisation...
Flood warning in Delhi after Haryana discharges over 1 lakh cusecs of water into Yamuna
Northwest India has seen incessant rainfall over the last two days, with many areas in Uttarakhand, Himachal Pradesh, Haryana, Uttar Pradesh and Rajasthan recording ''heavy to very heavy'' precipitation This has resulted in overflowing rivers, creeks and drains that...
New GST rules on anvil; biz may have to explain discrepancy in ITC claims
In cases where the difference in tax liability declared in GSTR-1 and GSTR-3B exceeds the specified threshold of Rs 25 lakh and 20 per cent, the businesses are required to explain the reason for discrepancy or deposit the taxes. New Delhi: The GST Council is likely to...
Govt to spend Rs 64,000 cr to set up critical care units in country’s every district: Mandaviya
The aim is to invest an average Rs 100 crore in each of the 750 districts in the next four years under the National Health Infrastructure Mission, Union Health Minister Mansukh Mandaviya said Raipur: Union Health Minister Mansukh Mandaviya on Thursday said the...
Govt appoints K Rajaraman new IFSCA chairman
K Rajaraman,Telecom Secretary The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India. At present, GIFT IFSC is the maiden...
Jagan Mohan Reddy releases Rs 1,117 crore for crop insurance claim payments
YS Jagan Mohan Reddy, Chief Minister,Andhra Pradesh So far, 54, 48,000 farmers got free insurance of Rs. 7802crores in the last four years while only Rs 3,411 crore was paid to 35, 80,000 farmers in the 5 years of drought-hit TDP rule, said the Chief Minister...
RBI looking at coming out with fintech regulations: DG Rabi Sankar
RBI deputy governor T Rabi Sankar said that trading in cryptocurrencies carried out by people is not a concern for the RBI, but private cryptocurrencies themselves are a problem area Mumbai: The Reserve Bank is looking at coming out with a regulation for fintech...