In a letter to Finance Minister Nirmala Sitharaman, CTI chairman...
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Over 8.5 lakh mule accounts in 700 bank branches used by cyber criminals CBI
The CBI has found that these mule accounts -- established using...
Three days of sharp market rally makes investors richer by Rs 9.70 lakh cr
"FIIs continued to pare holdings due to the narrowing yield spread...
Govt clears appointment of 2 new LIC MDs, Jagannath joined on Monday
If IFSB decides to hold the interview for post of chairmanship of the corporation shortly then Siddath Mohanty, acting chairman, Mini Ipe,MD, M Jagannanth and Tablesh Pandey will be shortlisted as eligible candidates for the selection New Delhi/Mumbai The government...
Civil aviation ministry’s consultative committee discusses sustainable development initiatives
Jyotiraditya Scindia,Union minister, Ministry of Covil Aviation The ministry has taken initiatives to make airports carbon neutral and reach the target of net zero carbon emissions. It has also advised all operational brownfield airports and upcoming greenfield...
Meity forms task force to draft IndiaAI roadmap by Apr end
Rajeev Chandrasekhar,Minister of State for Electronics and IT Minister of State for Electronics and IT Rajeev Chandrasekhar after consultation with startups and IT companies working on artificial intelligence announced setting up of an IndiaAI platform which will...
Guidelines on medical negligence under consideration, says Union Health ministry
It has been more than 17 years since the Supreme Court, for the first time in the Jacob Mathew case in 2005, directed the Centre to frame statutory rules in consultation with the-then medical education regulator Medical Council of India (MCI) to deal with medical...
Market turmoil leaves investors poorer by more than Rs 4.4 lakh crore
The failure of the Silicon Valley Bank in the US has triggered concerns about the financial system even though the regulatory authorities concerned are working on ways to manage the situation. The crisis has also come at a time when the central banks are embracing a...
SC refers pleas for legal validation of same-sex marriages to five-judge constitution bench, terms it seminal issue
"Having due regard to the broader context of the petitions before this court, the inter-relationship between the statutory regime and constitutional rights, we are of the considered view that it would be appropriate if the issues raised are resolved by a constitution...
E-rupee worth over Rs 130 crore in circulation: Sitharaman
It is being distributed through financial intermediaries, i.e., banks. Users can transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones/devices. Institutional merchants like retail chains, petrol pumps etc. have also...
LIC’s debt exposure in Adani group cos dips marginally to Rs 6,183 cr as of March 5
LIC's exposure in Adani Power (Mundra) was Rs 266 crore, Adani Power Maharashtra Ltd - Phase I (Rs 81.60 crore), Adani Power Maharashtra Ltd - Phase III (Rs 254.87 crore), Raigarh Energy Generation Ltd (Rs 45 crore) and Raipur Energen Ltd (Rs 145.67 crore), as per the...
Centre opposes recognition of same-sex marriage in SC citing personal laws, societal values
"It must be kept in mind that granting recognition and conferring rights recognising human relation which has its consequences in law, and privileges, is in essence a legislative function and can never be the subject matter of judicial adjudication. The prayer made by...
Govt to infuse more capital in public sector general insurers next year
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...