Commenting on the issue, APHI Director General Girdhar Gyani said,...
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India’s economy resilient but US trade policies a downside risk, central bank bulletin says
Favourable rainfall and temperature conditions, along with improved...
FM holds inter-ministerial meet on exporters amid US tariffs
Nirmala Sitharaman, Finance Minister According to exporters,...
ICMR comes up with first ethical guidelines for application of AI in biomedical research, healthcare
The induction of AI into healthcare has the potential to be the solution for significant challenges like diagnosis and screening, therapeutics, preventive treatments, clinical decision-making, public health surveillance, complex data analysis, and predicting disease...
Rise in Covid cases: Govt planning nationwide drill to take stock of hospital preparedness on April 10, 11
The states and UTs have been asked too keep a close watch on the evolving etiologies (causes of diseases) of Influenza Like Illness (ILI) and Severe Acute Respiratory Illness (SARI) cases, adding India usually sees a seasonal rise in Influenza cases from January to...
Man’s insurance claim for car theft rejected for using pvt vehicle for commercial purposes
The Navi Mumbai businessman had also hired out his vehicle, which was against the norms laid down while it was being insured, the firm told the commission Thane: A man's claim for compensation following the theft of his car was rejected by the Thane Additional...
FM reviews PSBs’ performance amid stress in US fin systems; asks bankers to be vigilant about rate risks
Nirmala Sitharaman,Union Finance Minister The finance minister underlined that PSBs must look at business models closely to identify stress points, including concentration risks and adverse exposures, the statement said, adding that she also exhorted PSBs to use this...
Climate change threatening tea sector globally: ITA
An ITA spokesman said climate change is also threatening the long-term viability of tea industry, which is also causing increasing pest infestations making pesticide residue management surfacing as a major challenge. Kolkata: Leading planters body Indian Tea...
For every Rs 100 of premium paid for crop insurance under PMFBY; farmers received Rs 514 as claims: Govt
Narendra Singh Tomar,Union Agriculture minister ''Since 2016, nearly Rs 25,252 crore were paid by farmers as their share of premium against which claims of over Rs 1,30,015 crore (provisional) have been paid to them. Thus, for every Rs 100 of premium paid by farmers,...
Proposals in Finance Bill on debt mutual funds, STT likely to adversely impact market: Experts
Among other proposals, the bill has proposed that from April 1, investments in debt mutual funds will be taxed as short-term capital gains. The move would strip investors of the long term tax benefits that had made such investments popular. New Delhi: The changes...
Lok Sabha passes Finance Bill; no relief for life insurers on taxing policies with premium over Rs 5 lakhs
Finance Minister Nirmala Sitharaman while presenting the 2023/24 budget on Feb. 1, had proposed that the government would scrap the tax exemption on the total returns upon maturity of life insurance policies if their aggregate premium exceeded Rs 500,000 ($6,103) The...
LIC plans investment exposure caps post Adani share rout
Currently, the insurer cannot invest more than 10% of outstanding equity in a company and 10% of the outstanding debt. New Delhi: The Life Insurance Corp. of India (LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a...
Finance minister proposes panel to look into issues related to Govt employees’ Pension
"I propose to set up a committee under the finance secretary to look into this issue of pension and evolve an approach which addresses the need of employees while maintaining fiscal prudence to protect the common citizens. The approach will be designed for adoption by...