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RBI-led initiative to curb digital frauds gains momentum banks roped in to set up DPIP
The proposed platform seeks to bolster fraud risk management by...
AIC launches a new cover for aquaculture industry
(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M...
‘More value to be discovered, NCLT has usurped the jurisdiction of the CoC’, RCap to NCLAT
Earlier this month, NCLAT had issued notices to Torrent Investments and other respondents on a petition filed by the lender of Reliance Capital seeking a second round of financial bids for the debt-ridden firm, currently going through insolvency resolution process The...
India asks IMF, FSB to prepare technical paper on regulating crypto
Despite the rapid evolution of the crypto universe, there is no comprehensive global policy framework for crypto assets. Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and...
Reliance General’s PBT at Rs 334 crore in 9FY23, wants capital infusion
Company has grown its investments assets at 20 per cent to Rs. 16,581 Crore for 9M FY23 as against Rs. 13,861 crore for the corresponding period 9M FY22 Mumbai: Profit before tax of Reliance General Insurance has grown to Rs 334 crore for 9M FY23 as against Rs 314...
Rising heat across parts of India raises alarm on another energy crunch
Temperatures have been as much as 11C above normal in some regions in the past week and prompted the India Meteorological Department to advise farmers to check wheat and other crops for signs of heat stress The unusually early onset of hotter weather — and forecasts...
Sebi proposes changes to rules for REITs, InvITs
Coming out with a consultation paper on the subject, the markets regulator said the changes are being proposed keeping in mind the interest of unit holders and the structural vulnerabilities associated with absence of a sponsor for Real Estate Investment Trusts...
India needs regulatory data protection to attract drug research: Novartis CEO
, Vasant Narasimhan,Chief Executive Officer,Novartis ''I think the next step is when you think about how we generate data and how protected that is in regulatory filings. India does not have regulatory data protection,'' he said replying to a query. Hyderabad: India...
Investors’ wealth plunges Rs 8.30 lakh crore in 6 trading sessions
Foreign Institutional Investors (FIIs) offloaded shares worth Rs 1,417.24 crore on Thursday, according to exchange data "The domestic market is broadly demonstrating a lack of confidence, registering its sixth consecutive day of losses despite global markets turning...
No cause of concern for wheat crop if temp prevails below 35-degree C in mid-March: IARI
Wheat, a major rabi (winter) crop, would be ready for harvest next month. As the Met office has forecast rising temperatures in parts of the country, farmers are worried about a repeat of last year when the heatwave hit the crop yields. New Delhi: Amid concerns over...
Scan, share service for faster OPD registrations gaining success: NHA
The Scan and Share service is currently live in 125 districts across 25 states and UTs in the country. Karnataka (2.5 lakh tokens), Uttar Pradesh (1.1 lakh users) and Delhi (72,000 users) are the leading states in the adoption of this service for better patient...
Sebi proposes to allow pension funds to participate as anchor investors in public issues
In its consultation paper, the regulator has proposed that rules should be amended to allow pension funds of entities which are associates of the lead managers, to participate as an anchor investor in a public issue Mumbai: Sebi on Wednesday proposed to allow pension...