"FIIs continued to pare holdings due to the narrowing yield spread...
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India witnesses surge in millionaires, outpacing Asia Pacific; eyes 55% rise by 2029
``India's wealth management market is undergoing a seismic shift,...
Ahmedabad Air India crash: Analysis of data from black boxes underway, says govt
"The team, constituted as per international protocol, is led by DG...
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...
Centre should regulate manufacturing of drugs instead of state bodies, new bill moots
Regulations for the conduct of clinical trials for new drugs and medical devices have been brought under the draft bill Currently, the conduct of clinical trials for new drugs and medical devices and the provisions for compensation for injury or death on account of...
Centre raises concern over gradual increase in Covid positivity rate amid influenza cases
Rajesh Bhushan,Union Health Secretary "While the COVID-19 trajectory has decreased substantially in last few months, the gradual rise in COVID-19 test positivity rates in some states is a concerning issue that needs to be promptly addressed," Union Health Secretary...
Siddarth Mohanty appointed as acting chairman of LIC
Siddhartha Mohanty, managing director, Life Insurance Corporation Mohanty is presently the senior most managing director of the country’s largest insurance company Recently, the Financial Services Institution Bureau (FSIB), has selected M Jagannath and Tablesh Pandey...
PhonePe receives payment aggregator licence, reaches $1 trillion annualised payment value run rate
PhonePe is making significant investments in new businesses like insurance and wealth management, while also enabling the next wave of growth for UPI payments in the country, the statement said New Delhi: Digital payments platform PhonePe has achieved an annualised...
India reports first H3N2 deaths, one each from K’taka, Haryana; seasonal influenza cases likely to decline from March-end: Govt
''Young children and old age persons with comorbidities are the most vulnerable groups in context of seasonal influenza. So far, Karnataka and Haryana have confirmed one death each from H3N2 influenza,'' the ministry said. Seasonal influenza is an acute respiratory...
Maha: Will discuss old pension scheme issue with all stakeholders, says Fadnavis
Devendra Fadnavis,Deputy Chief Minister,Maharashtra Under OPS, the pension amount is provided by the government, which increases its liability, whereas the NPS has a contributory mechanism from the employee as well as the government. Mumbai:Maharashtra Deputy Chief...
Investors wealth tumbles Rs 2.67 lakh cr in early trade
Heavy selling in financials, banking, IT and capital goods shares triggered by weak Asian markets and overnight losses in the US market dragged down the benchmark indices, analysts said Mumbai: Stock investors wealth eroded by more than Rs 2.67 lakh crore in early...
Digital India Act; draft to come in April: Chandrasekhar
Minister of State for Electronics and IT Rajeev Chandrasekhar As part of online safety and trust principle proposed for the Digital India Act (DIA), the minister sought views of stakeholder on mandating stringent regulation for privacy invasive devices such as spy...
Unseasonal rains destroyed standing crops on 13,729 hectares in 8 districts: Fadnavis in Maha assembly
Devendra Fadnavis,Deputy Chief Minister, Maharashtra Maximum damage has been reported from Palghar, Nashik, Ahmednagar, Jalgaon, Nandurbar, Dhule, Buldhana and Washim districts Mumbai: Recent unseasonal rains damaged standing crops on 13,729 hectares in 8 districts of...